Wow… 20th place now, despite a decent surge in value over the last few days.
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Yes seriously. How does this attract a non-enthousiast ? How does this attract a business user ? In fact the only blockchain tech that serves a purpose to the masses is still only bitcoin. It has a clear usecase: you can pay for stuff with it. In the outside world no one really cares that you can shapeshift your eth into xem and ripple it to the other side of the world.
Even though blockchain is great tech, it’s not a solution to every problem we face as human race.
I had a look at the dapps currently in development and my eye caugth this:
https://dapps.ethercasts.com/dapp/blocktix
This is one of the very few real world applications I could find.
The reason I’m picking this as an example is because I have business in event ticketing.
At first sight, this looks like a great idea. But let me tell you, that at busy events even an api call to our servers to validate tickets is too slow, and we setup a local wireless validation server to do this. We even had to decrease the density of the QR codes we use so the scanning goes faster. I will never, ever, ever consider a slow blockchain based solution to validate tickets because:
-it’s slow as hell
-there’s no need
-it’s an complex solution to a simple problem
-there’s no need
I applaud whoever thought of this, but they obviously never had to validate 1000 tickets of drunk people in 2 hours.
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Don’t worry about this 
At some point all this new money will have to go somewhere once the owners learn that their crypto of choice isn’t going to cure cancer and solve world hunger as they promised.
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I’m not worried, just surprised!
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One word, testsafecoin.
Until then we shouldn’t expect any huge pumps in value (although we might bump with some SAFE Apps appearing during MD). After that I think most of us expect sustained growth for a very long time.
@Erwin is right ofc. We just have to ride it out and focus on the potential gains flowing in to the space.
It is a bit painful to be sat on the sidelines, but our time will come.
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Thought this would be the best place to share a recent video I came across.
What’s everybody think?
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It’s good - well explained and very positive. Thanks for sharing MaidSafe should link to it from their website IMO.
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A decent effort, I think. And indeed very positive. In my opininion he should have given a bit more explanation with that ‘more then a decade’.
P.s: I posted this video 17 posts back in this thread, followed by some reactions 
.
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Dang it! I even used the search feature before sharing it and it wasn’t found!
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Videos like this are best posted in the Press category IMO, unless they are specifically about the coin. This Price & Trading thread tends to be used for all and sundry so it gets a bit hard to follow.
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What I find a bit unsettling is how under the radar the whole project is.
When you read threads on reddit or hacker news about decentralized storage, people talk about sia, storj or filecoin (what the hell is that ?) but don’t even mention Maidsafe. Maidsafe-related content might get you downvoted on generic altcoin forums.
The community is great here. People are dedicated and very helpful, but the community is maybe too much self-centered. No focus is given to advertise the project to the masses, which is a lost opportunity when you consider the amount of newbies in the crypto world pouring their money over the last couple of months. (anyone can call me a noob btw, I don’t get easily offended )
Look for instance at PIVX which is definitely a clone shitcoin, and see the amount of hype they have managed to gather through social networks, or look at DASH and understand most of their credibility was acquired through youtube videos animated by a semi-attractive journalist explaining in layman’s word what the blockchain is.
All blockchain projects are beta/not fully functional at the moment. Even matured project like Ethereum are still experimental, so Maidsafe is not really an exception.
I understand the philosophy of @dirvine which is to keep a low profile until we have something serious to show. I respect and admire this approach, and as a value investor I can say that it is one of the elements that have driven me to invest here. On the other hand, credibility in this market is also a matter of valuation. Losing the top 10 rank on coinmktcap is somehow losing a bit of credibility. But it is not just that, it also means losing potential funding if we need to raise more, losing potential adopters, losing visibility and new money inflows.
If you ask me at this stage, if it is better to hire 2 new Rust engineers, or just one AND an Amanda B. Johnson for marketing purposes, I would say the latter. Probably 90% of users here would disagree, and hey, who am I to give any pieces of advice? But anyway, it’s good to have a censor free forum to convey my opinions.
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I’m with you. Perhaps a little more of a balance could be struck. I would vote for 2 more developers AND Amanda B. Johnson!!))
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Seeing as you are a noob(per your own admission and seeing you only joined the forum on March 26th), you weren’t here for the backlash from the decision to switch from C++ to Rust or other various bugs that popped up causing the development timeline to shift.
Also, this is still in testing and the developers have seen enough setbacks during their time to know not to give out set dates or push for more media coverage. When people start investing more they then can afford to lose and a set back occurs that causes them to lose a lot of money they fly off the deep end, lashing out.
Patience is key here and those that have stuck around have learned it’s needed. This isn’t a huge company like Microsoft only trying to pump out products to make a buck, they are trying to change the world or at least that’s how I see it.
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The switch from C++ to Rust must have been terrifying. I personally have invested a lot, but only what I can afford to lose, and there is no way I will sell at a loss. It’s 0 or the moon in my mind for this investment. But I would prefer we go to the moon before we all drive in flying cars powered by cold fusion reactors.
Don’t take me wrong, I am not talking of aggressive marketing push. I say we should aim for minimum awareness of the project.
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I wouldn’t mind seeing a little more done on that side these days either tbh, I suspect most people would rather every drop of energy went into the network itself, but a bit of hype attracts more App devs and creates more energy that all pushes things along faster and further imo.
Anyway, let’s get MD out of the door asap, that needs to happen asap… some hype and fanfare along with the release wouldn’t go amiss I agree
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Concerning your Amanda B. Johnson remark, that reminded me of this video:
Can a Cryptocurrency Run Without a Blockchain?! Chat w/ MaidSafe’s Paige Peterson.
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My view is that this project will not demand notable attention on a large scale until we have decentralized home vaults and test safecoin. Until then we shouldn’t expect much price increase.
It is an unproven tech that is no where close to completion. I would expect from test safecoin announcement to Beta we will see a huge influx of attention and money. Price could go 5-10x during this time.
There are so many other projects demanding attention right now but SAFE is lurking in the shadows and making slow progress. I’m just happy the price is tracking with BTC for now with its push higher recently.
For a real world use crypto project look at gamecredits. The price was very quiet until a few months before the release of their mobile store(next month). Since then it has gained awareness and it is up about 10x in 4 months. They didn’t start marketing what they were doing until a few months before they could deliver a product.
Edit:
There are also so many noobs entering crypto lately that don’t have a lot of money to invest. They will love this project because they can farm their own coins with equipment they likely already own. Once they are here for easy farming of coins they will find out why this project is so amazing. I have also found newer investors to prefer low value coins because they see more potential profit.
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The “should i invest in maidsafe” video is delivered with genuine enthusiasm i feel, but fails to identify the key
innovations … ie, self-authentication & autonomous network.
Tbh, I struggle to see notable differences between many in the top 20. I also fail to see what special event has happened to transform many market caps by 10x, 30x, 50x times.
Sure, safe net isn’t finished, but it wasn’t when it was securely in the top 10 either. Let’s not kid ourselves that the other coins in the top 20 have somehow all become worth far more than maidsafecoin for technical or commercial reasons. I just wonder why maidsafecoin consistently gets overlooked. It makes little sense to me.
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Many reasons.
Tons of ICOs in the last year. Many newer projects come packaged with a tremendous amount of hype and marketing where SAFE is opposite.
Most of these other top projects are live with their own wallets. FCT was a top ten and look how far down they are as well due to no good wallet or signed business contracts.
Many of the top coins use masternodes as a way to keep large amounts of coins off exchanges.
ETH has their own little world within crypto with a lot of fans that have seen great financial success. I think this has led to ETH developed projects getting abnormally high amount of support and hype.
The reason they can pump so high is because there is a lot of “dumb” money in crypto trading that is just chasing whales pump and dumps for free lunch but without concern about fundamentals.
Just my crazy opinions, but I agree that there is a lot that doesn’t make sense.
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