How will the SafeCoin be valuated at the start when it is fully online?
Unofficial, but I heard its going to be a dollar USD each. 
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Latest price is 0.00007470 BTC/Maidsafecoin (masterxchange.com) and at Poloniex.com it’s 0.00007786 BTC/Maidsafecoin, current and future valuation will just come from demand. When the network goes live you can farm and hopefully buy safecoins from the decentralized exchange on the network itself (SAFEx)
That’s the spirit
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Hard to say. When a lot of new users join, the reward for farming coins will go up. but when they all share a lot of space on their computer it could be different. I think no ones has a clue about how prices will move. but finally, it should be more than the cost for the hardware, electricity etc.
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The real question is not what the valuation will/should be in terms of exchange price. I really don’t think that anyone sincerely interested in the success of the SAFE network need have much care about at first.
The real question, and one which we might even be able to get some sort of predictable answer to, is “How much network resource will one safecoin trade for with the network at or near the time of launch.” There are algorithms that will adjust that, I’m sure, but that’s one of the key, predictable, underlying, actual values of safecoin in the real world.
That doesn’t mean that the price will be pegged to that an any way, but that factor will help give some point of reference, just like use of gold and silver in jewellery, electronics, etc., have some sort of moderating effect on the prices of those commodities, even though the “money/store of value” factor accounts for a high percentage of the fiat price.
Hard to tell all the dynamics of it, but if one safecoin buys a lot of resource, and yet has the other properties of ease of use as a currency, it will really help incentivize the expansion of the network and price will rise a fair bit, but then the algorithm will cause it to buy less resource, thus restraining speculation from getting too wild.
But as @janitor says, “Hard to say”.
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Wow…it’s halved since I last looked quite a while ago…and I’m totally not arsed: 
At the start of this I was thinking…Oooo…that looks like a good idea and I reckon I can make a few bob here. As time has gone on, the importance of the project and potential benefits for Humanity has made me really not too bothered about the price. I’m not exactly rich and scrimped to invest around £500 (I gave my kids half to spark their interest.) -
If the project launches and we still have £500 worth, then that would be a result in my book. If the project launches but I lose the monkey, then I am still quite happy (less so but not gutted), because I have contributed to something worthwhile and possibly life changing to some of the World’s poor/uneducated - I get to feel pretty good anyway. Worst case scenario is the project doesn’t launch - that’s really the only thing that could disappoint me.
In all honesty though, I would hazard a guess that none of the above scenarios are going to happen. I would suggest the most likely outcome would be around a quadrupling of my investment by launch…
Where I probably differ from many, is that I reason once a base price has been established, it will not massively increase, but remain at a steady- ish level. I expect this level to be around 8-10 cents - which I would class as a very good return on my investment. 
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What would happen in the following situation ?
I have 100gb of safenetwork data stored on my computer. All the sudden I don’t feel like the money equivalent in safecoin I’m earning by farming is worth bothering about.
Farming cost.
CPU
Storage space
Farming consume :
Electricity
Bandwidth
Time to maintain.
Will I have the choice to set the minimum price I’m asking for accessing the data before quitting completely ?
What economic parameters will enable price discovery of safecoin and what will be it’s corresponding resources ?
Can’t resolve : X SafeCoin = Y GB = Z $
You either provide storage space or you don’t. That is the means to influence the price. When there is much space available the price to store data drops automatically. When there is little space available the price increases.
The price of safecoin is determined on an open market, so as the price fluctuates, you can influence the cost of storage by turning on or off storage space you provide to the network.
Notice i am talking about potential storage space you can adjust, you cannot do the same with already stored data without getting punished as an unreliable host when you turn off space you have promised to host.
Feel free to correct me if this is not how things work at this moment in time, we are talking about something not yet implemented, so the facts may change at any time.
I agree with this assessment. By and large, people are going to give hard drive space in exchange for using the MAIDsafe network. For the most part hard drive space is an abundant commodity. Many of us have disks that are 1/4 used or so… I don’t see the price going crazy up.
The point of the network is the network, not the currency. The currency is only a means to self-incentivize the network. Most of us are going to play because we want to play - There is little incentive to turn our equipment off because we like the network, and our equipment should be break even in the long term, if the currency reflects the resources it represents.
I think that the price of Maidsafe will depend on how much storage we offer compared to competing services,
if we take Dropboxes corporate accounts: Buy - Dropbox Business
they offer 5TB for $750, this means 6.666 gb per $1 USD.
Therefore if we want the Safecoins to be worth $1 each we should atleast offer 6.666 gb per Safecoin.
This would be competitive seeing the additional added value offered by the Safe Network.
It would also give Maidsafe´s Coin Marketcap of $425MM which is way smaller than Dropboxes $10billion.
Dropbox is a for - profit company, not a co-operative.
It is also centralized, and most likely less secure than MaidSafe. They have already had customer information compromised. Something that cannot happen with MaidSafe since MaidSafe will not know who it’s customers are…
In short the two aren’t really comparable. The fact that there is a market that is being exploited for profit does not mean that that market cannot be satisfied with a better not-for-profit alternative. If that happens you cannot expect the Billions being spent to translate dollar for dollar. Being a better value is part of the mission.
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@reivanen from what I have read and have been told by the devs, your explanation is spot on.
quote=“jreighley, post:14, topic:3487, full:true”]
Dropbox is a for - profit company, not a co-operative.
It is also centralized, and most likely less secure than MaidSafe. They have already had customer information compromised. Something that cannot happen with MaidSafe since MaidSafe will not know who it’s customers are…
In short the two aren’t really comparable. The fact that there is a market that is being exploited for profit does not mean that that market cannot be satisfied with a better not-for-profit alternative. If that happens you cannot expect the Billions being spent to translate dollar for dollar. Being a better value is part of the mission.
[/quote]
Hi jreighley, I was looking for a price point where each safe coin would be worth $1 and it would be competitive for a wider adoption, only a small niche care if its a co-operative or not but for a large scale adoption we have to base ourselves on what the competition is doing. If we price at the same as dropbox but offer a series of advantages we could easily take a large piece of their market share and therefore increase adoption.
Also many of the people who would be “renting out” their drive space would be doing so for profit and not art just as those who are into bitcoin minning.
thanks, its just food for thought
I agree. First thing first let the network develop properly and become mature enough so anyone in the world can access it and use it without having doubts about the infrastructure.
Then after it gains enough mass, the thing that’ll drive large adoption and safecoin price up is ripping chunks from competition’s market share. Whether we like it or not, THIS will be the reality imo.
All in all, I don’t see safecoin that way … I see it as a system to self incentivize the network… Maybe I am wrong. But when the coin is tied to the price of Hard drives and bandwidth, both of which are highly abundant. The price isn’t gong to the moon.
Large scale adoption of SAFE will happen because it is a superior platform and it is revolutionary in security… If the price goes higher than hard drives people will just bury it with excess capacity. The upward limits are pretty fixed by the abundance of the required capital. If SAFEcoin’s price goes up far above the cost of Hard drives and bandwidth, it will be a bad sign, as it is a signal that the network is short on needed resources.
At launch, SafeCoin will be valuated in this manner: Early adopters will say to themselves, “Darn, I wish I bought more MAID”. Late adopters will say, “I wish I learned about this platform earlier.”
One year after launch, early adopters will say to themselves, “H0ly $h1t, I wish I bought more MAID”. Late adopters will say, “I wish I learned about this platform earlier and bought some MAID.”
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You are not incorrect, the price reflected here is associated with the service and value that it provides. The price of each Maidsafe is irrelevant to the price of hard drives and bandwidth as it doesnt matter if 1gb of storage can be sold for 10 safecoins at $0.1 each or 1 safecoin at $1 each. If the price of safecoin went up then the amount of safecoins needed to store data would go down.
What I was trying to calculate was at what price would the SafeNetwork service would have to work at for each MaidSafe to be worth $1.
I think that its in everybody´s interest for a high SafeCoin Value as it would mean more $$$$ for everybody who has supported this project since its crowdsale and also and more importantly more $$$ for the development team to continue its work in improving the system.