Nice to know. I come here every day and don’t think I’ll have any problem. But I do know people who only look to their investments once a year.
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There are 452,552,412 Maidsafe in existence, half a billion coins/units which is not much. I think it’s safe to say price per unit may reach 1/unit at some point in the future, which is way too much if someone wants to buy say 100MB of extra space instead of 1GB, If say someone wants to spend only 10 cents or 50 cents on extra storage, 1 coin=1 is a problem if there is no divisibility.
Obviously the Safecoins need to be divisible so that even the person that wants to buy 1MB of data to store some .txt files could do so without overpaying. Won’t you agree?
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At that point the coin will either be divided by then, or as per the current model where one coin buys an amount of resource.
The amount of resource bought is determined by the system and if the coin reaches $1 then people have deemed it capable of buy sufficient resource to support that price. The system would be supplying many GB for that coin, (not 1GB) for people to support paying $1 per coin.
When one opens an account they will have paid a coin to do that and that will also have bought them 1 coin’s worth of resource. So they can store away those MB txt files till they use up that resource they bought, then buy some more.
But I’d say when the coin is high in price it will have division by that time as many people will have called loud and long for it.
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I don’t think that forcing people to pay 1 dollar minimum or more if price/unit rises above 1 is the way to go.
It’s better to be proactive rather than reactive about such things, especially when such issues are so predictable.
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I agree to an extent and when talking from a logical manner, but can you do this today? MAybe this is not the issue we need to solve. Not saying safecoin will not need to be divisible or similar, but perhaps not for this reason.
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Well this is obviously just a side issue.
'“but perhaps not for this reason.”
Are there other reasons aside from this one?
micro payments, safecoin increasing in value past a point of minimum monetary value etc. is what I mean. I do not think it the min monetary value will be the one buying storage, but instead one that pays for commodities and food etc. where the thing is priced in non integer values of a currency (floats if you like)
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Yeah, if we were a year into a functioning network and SafeCoin price didn’t rise at all, it wouldn’t be so bad; 2¢ minimum purchasing value isn’t so bad.
But I don’t think that’ll happen 
But one cool idea someone had for SAFEbook was making “likes” = small micro payments, and I doubt even those will be as high as 2¢. So IDK 
Only time will tell what’ll exactly happen tho!
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I agree, we never know if Safecoin goes to $0,20 
I really think Safecoin could be in the stores quite faster than Bitcoin. With Bitcoin we see all that waiting for confirmations etc. That’s why companies like Bitpay are around, they take the risk from the seller of the item, but this is another middleman. And a middleman costs money. Same for paying person to person, would be great if some kids on a high-school could just send each other coins in a second. Same thing for people in so called third world countries. It could give them a more stable currency, even if their government is printing money out of thin air. So even when Safecoin might be volatile, it could give a lot of people more stability than what their government is providing.
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Actually Bitpay is there to allow merchants to cash in fiat currency without risking any Bitcoin exposure.
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I have noticed an interesting trend lately. Price of Omni (Mastercoin) has been going up while Maidsafe’s been going down.
I guess it has to do with constant updates and progress from Omni which hit a bottom this summer at around 500-600k market cap. It has almost tripled in value. It tested the 2mil market cap last week. It could be that some MSC people are switching back. Omni which had very low volume lately shot up above 15k volume at times.
Maybe the MSC people are selling MAID and buying MSC to create another pump & dump there.
Not sure about that. The MSC devs have been pretty active lately. That project is very much alive.
I guess some expected the project would just die off but obviously it isn’t the case. Private investors are funding that project which is interesting considering all the MSC dev money ran out at some point last year.
i never post any false information. please show me where I have done that…
buying and selling is not a crime.
get a life…
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and luckily i don’t live in your racist socialist paradise…
but you may want to learn how to read and understand English, I never said that I did any price manipulation, I said that the price can be manipulated easily. If you don’t understand the difference between that, then you need to go back to school and learn proper English before you start pointing fingers at others without even understanding what you are talking about.
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Almost no one buys OMNI.Polo: 24hr Volume:
1.13737665 BTC / 105.34282095 OMNI
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Last 24h/ Omni/MSC up 15%, Maidsafe down 21%. The Omni volume has seen some big spikes up to 15k/day during this month so it is going up.
Do not lie.
Last Price
0.01070000
24hr Change
-3.60%
24hr High
0.01110000
24Hr Low
0.01070000
Buy Orders Total:
4.92891092
BTC 
he’s not lying and neither are you, however using another denomination
Please keep it friendly, I can understand your reaction when someone reads or interprets your posts differently than what you meant but you can also just explain them what you meant without the rest.
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