Well, we’ll see 
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It’ll do what many others have done peak real high real quick and then settle. Might hit 1k at peak. Many other coins have done this. At least 3-400. Get ready to HODL. I’ll openly tell you my sell points 25% at $100 25 at 2-400 (undecided) 25 at 500 and remaining 25 500-1000 (again undecided) but if it looks anything like iota or zcoin it will do exactly that, shoot up then straight back down and settle.
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I sure hope you are right. If we hit $100 really quick I will be ecstatic.
I think zec (zcash) if that’s what you were referring to, was an odd case because there were not many coins available at launch.
My initial thoughts were to sell at $1, but crypto as a whole has come a long way since our crowdsale.
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Even being worth a few dollars is 100x ROI for those who bought early. It may go to the moon, but tbh, a market cap in the top 20 would be considered a massively successful investment for many people.
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Timing and general mood will be the key, but I think the days of coins mooning overnight may be over. In last three years, the crypto space has become infected with too much BS hype, and I think people have generally grown more distrustful and numb towards big promises and announcements.
I still remember Z-Cash taking off maniacally simply based on the “truly anonymous, unlike bitcoin” premise. It feels so dated! Especially now that crypto is no longer a naive geek haven. It’s a sea full of corporate sharks everybody should approach with a healthy dose of skepticism, no matter what they bring.
EDIT: I still expect the price to hit 10$ before launch, if it becomes clear the network will happen.
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I see $10 as an easily achievable goal also, and fully expect it to happen.
But then I see other intelligent individuals on our lovely forum who don’t expect it to stray far from the cost of storage.
I have faith in david and the team.
David has always tried (IMO, by statements he has made, iirc (statements made when BTTF was ongoing)) to provide profits to those who supported his dream, by making sure he was offering value to new investors, while creating a useful tool, that brought value.
Hopefully if I am correct in my assertion, that will play a part in creating the algorithms that will control the network. But maybe I’m just a dreamer.
Either way it’s been an entertaining journey and I’m glad I am here to enjoy it.
If we get enough storage for 1 safecoin, we could easily hit $10 , and not go far from the cost of storage.
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I’ve been watching business news all morning here in NY, as i often do, and there was a trend today. Companies and disciplines like Netapp, IBM, Amazon, AWS, everyone is pumped up because they all feel like there is huge growth potential in the coming years and most of these companies core businesses in one way or another are based around security and the cloud. Secondly, if people have been following Zuckerberg answering questions to Congress, it’s a dog and pony show. Governments around the world, especially the US are afraid of crypto and crypto like projects because it removes governments main threat, the power of the purse. What has to make people like us happy is that not only will the SAFE Network be the superior technology but you also will not have to use 4+ different company products to achieve one goal. Plain and simple, this just needs to be delivered and marketed correctly because regardless of how long it has been in development, the world is still waiting for this kind of solution that will return power and privacy to individuals and we can keep saying $3, $7, $10 whatever. The reality is that the ceiling can not be seen and of this can be completed and now within this “window of need”, it will be straight up massive.
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Most of the people, from reading between the lines, who believe price will not exceed cost of storage seem to be the people who are more technically inclined. While it is important, especially for someone like myself, to listen to them for technical information, I have yet to take investment, trading or price discovery advice from them because you shouldn’t. That’s not what they are good at and that is not their discipline.
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@bones Price of the future Safecoin don’t depend on the price of storage as it will be traded by supply/demand. As SAFE possibly will store alot of data, valuable data, the price of Safecoin may reflect the value of the data stored on the Network or the popularity of the network (like gold but for data). The price of storage should not reflect the price of Safecoin, as I see it, because the price is not dependent on storage price. Profitability of farming will be dependent on storage price, so if storage price goes up, more will farm, price of storage goes down, but don’t affect the Safecoin price (in a direct way).
The price of storage will affect how many farmers the network will have, the price of Safecoin will be affected by how popular the coin and the network are and that price is dependent on supply/demand, not the price of storage.
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Yes. I get that the 2 are not connected necessarily, safecoin price and cost of puts.
I guess we will have to wait and see where we end up.
But with some of the predictions here, I am thinking I need to re-acess where I planned to sell, and make sure I keep a good few tucked away, just in case.
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Yes I think “wait” is the key word. There is a time gap between now and delivery of a product that can be used by the man in the street. When this becomes a reality, it will be interesting to see how the marketing rolls out the delivery of a unique product. Until then I’m backing the team to motor on
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Given that it’s exchanges that make price discovery possible, does anyone have an answer to my following question:
Safecoin will be the native crypto on the Safe Network. It will only operate on the Safe Network. So apart from exchanges developed on the network, is it even possible that Safecoin can be traded outside of it. And if so, how?
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The exchanges on the current internet needs a wallet/or wallets on the SAFE-network, in that way you can send to the exchange and the exchange can send to you.
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Thanks for that
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Of course it is, in just the same way as Bitcoin operates on it blockchain.
If you want to sell your wares for safecoin, it matters not one jot how they are stored. Ofc, you want them to be fast, secure, anonymous, etc, but the trading of the coin itself just depends on the client app and knowledge of the coin.
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That was quite a hike in the price of BTC and MAID/BTC has not changed much so a nice hike in MAID price too. One day the sky was at risk of falling in the eyes of a few and today they must be saying “We dodged a bullet there”
This is why I always say be slow to fear and actually listen to what we are being told. Ask politely since the Dev Team have shown their integrity time and time again. If it was a scam coin then yes quick to fear is not silly, but this project is NOT a crypto coin project and is a genuine company.
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That’s a great way to frame it. This is a genuine software company with a crypto project. Whereas most others are crypto projects hoping to be a company.
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.55 BTC on left on the buy wall
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Buywall refilled with 30BTC and a squeeze down to 1300.
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What’s the thinking behind this
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