MAIDsafecoin, Price and Trading topic (Closed)

[anon81773980]

@Powersign

What’s your personal opinion on the current value of 1 MAID?

It’s based on the gets.

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NOPE. It is essential to the network that it is never fixed. That would remove the ability for the network to attract new farmers when space gets low. So if FR is 0.0001 then that results in 1 coin per 10000 GETS then if farming rewards was transferred over to micropayments then each GET will give the farmer 0.0001 coins. That is what FR (farming rate) really is “how much of a coin per GET)”

If we speculate 1safecoin = 1gb, then…

The Price of Safecoin & The Economics Behind It

IMO, that is expensive. Currently, 1TB hard drive (Seagate or Western Digital) costs between $50 to $70 on Amazon. They have a typical lifespan of 3 years, with around 10% failure after 3 years. Here’s a cost analysis break down. 1TB Hard Drive 1000GB @ $60 = $0.06 per GB $0.06 / (life expectancy 36months) = $0.0016 per GB per Month or $0.002 rounded up. 1TB Cloud Storage 1000GB @ $10 per month = 0.01 per GB per Month. Cloud storage cost 5 times more than a hard drive. This is just a bas…