I can tell you that one of the people coding Casper which is the proof of stake code ethereum will be running is all for collaboration. His name is Greg Meredith and he hosts a weekly hangout. If you join the synereo slack channel you can be notified when the hangout begins and ask one a core developer if Ethereum is truly open source and self directed or not. From my point of view every project will take advantage of what Maidsafe is creating.
Last commit 3 month ago expanse-project (Expanse) Ā· GitHub
I checked out their blog and almost everything posted was 3 and 4 months ago. I think someone in the Poloniex trollbox promoted it and some noobs mistook EXP for ETH and a snowball effect occurred ![]()
hAHAHAHA ! Or someone purposely dropped a spam bomb and is now all thug life
itās a Pump and Dump no further logical explanations are needed ![]()
Yes, if you canāt find any good reason for a pump then the chances are the only reason is manipulation⦠it is easy to manipulate a small market cap and if you see the reaction of tards in the polo troll box buying at 100x price and still chasing each other up the ladder youād see why/how it is so profitable to pump and create fomo.
Horrible really, poor buggers being taken advantage of.
Fear and greed. Dangerous things.
There were a lot of trolls pushing it in the box ; and people there are prone to jump on a train following inverse
psychology and economics , e.g. OMG , its up 2000% : must be good , maybe it goes to 10000% Buy FOMO
Yes, just because safenetwork is amazing does not mean it can go to the moon before it has even launched. People be crazy jumping on pumps instead of doing due diligence, picking horses well ahead of time, and finding the best buying and selling opportunities for those investments.
Buy fear, sell optimism, so they sayā¦
But arenāt the banks going to run their own private versions (highly modified) of ethereum? From what I understand, they will be closed systems. But, yes, you are right. Iād be surprised if any bank used SafeNet.
For this to work, wouldnāt they need to have the whole project on SAFEā¦as I understand it, SAFE cannot be used as a programmatic data store from the outside. Unless your talking about SAFE as analogous to a secondary storage mechanism for less accessed data?
Your correct.
R3 brings eleven major global financial institutions together on a cloud based distributed ledger
R3 and consortium member banks Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo each connected on an R3-managed private peer-to-peer distributed ledger, underpinned by Ethereum technology and hosted on a virtual private network in Microsoft Azure, the public cloud platform offering Blockchain as a Service (BaaS) in an accelerated development environment.
I guess were priming for the āslingshot moveā. What assets are actually going to move is unclear to me. Since this is all cycles and assuming SAFEcoin is implemented in a timely manner, maybe we get the ride also.
The markets are preparing for a slingshot move that will make most peopleās nose bleeds
So in the end, we will set the stage for all this craziness moving to extremes. Then ask yourself this question? Are you willing to hand your money to government and ask them to hold it for you? If we are concerned about banks, and we are concerned about government, then there is not much life but to move to the private sector. So when rates go negative, a 1% yield in a blue-chip stock looks like heaven. That is the shift on the horizon from public to private. We have to get the weak-minded running into the arms of government before the markets will slaughter them for their stupidity.
The documentary āThe Forecasterā about Martin Armstrong and his cycle theories is available via torrent nowā¦I found a good copy via the BitLord client (very nice indeed)
The takeaway for me is when he explains that no government in history has borrowed with the intention of paying anything back. We are now at the endā¦whereby governments promises via the social contract cannot be honored i.e the end of Marxism/ Socialismā¦it all blows up for government in 2017.
Hopefully any outside app would be able read and write data out of and into the network.
What is the expert opinion of the future growth in the value of Safecoin?
Assuming that the SAFE network is a great success, will Safecoin go āto the Moonā or only increase by some modest multiple?
In one of the Montreal videos there is a graph of the value increasing asymptotically - approaching an upper limit.
You can expect a 5-10x growth overnight when it has proven itself to actually work, how it will evolve is anyoneās guess.
(probably the mods will merge these topics anyway - but i thought iād link you to it in advance - there is the tea leave reading thread
)
Iāll try to be realistic here, being very methodical, visually/mentally, in how things will actually play out (in where people generally anchor themselves like satoshi level, market cap, updates, news, etc.), not thinking itāll go too too high. (Though who knows, because a solid 3k satoshis floor to an extremely solid 21k satoshis floor over just a testnet is pretty absurd, albeit an incredible achievement over 10 years.)
Any major news sees a big-to-very-big increase; itās the norm for peopleās opinion about this coin, ever since the start. When vaults (MVP) are out, it should go above 30k satoshis. Iām not sure how high after that. Iām not sure how soon messaging will follow.
But once messaging comes out, Safecoin is āsoon to followāāthough I could see this still taking some weeks? I could see it sitting at above $100 million market cap for awhile when messaging is released, and as people play around with all the new features. (There will be lots of positive tension while people expect Safecoin to come out āvery soonā after Messaging.)
[Hopefully it could be at said above $100 million market cap by then. But maybe, going back to being realistic again: the breakthrough point will be that it sits under $100 million market cap, and once Safecoin is out, it shoots above $100 million, and beyond?]
As more and more strength/reliability occurs within the system, it should go up from there, hopefully reaching newer and newer heights, in the hundreds of millions for its market cap. Especially when Safecoin is finally out, and there are minimal bugs, and people feel confident that they can continue to grow the system without faults/errors/technical fatigue.
Then thereās Safe Exchange, which might even be a more huge revolution in the eyes of āprice tradersā which obviously have an insane leverage for what carries all of this, really (though probably equal to the technical prowess/capabilities of the coders themselves). So keep an eye out for the synergy between Safecoin AND SafeExchangeCoin.
MAID market cap will reach ETH market cap so around 1B but youāll have to hold your coin until some app launch
Yes, but isnāt the algorithmic idea to have the expansion of farming act as a downward pressure, so the price soon reaches an equilibrium?
I suppose there could be wild oscillations before equilibrium takes hold, and close observation of market psychology would create speculative opportunities.
