my dreams come true 
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waitin 4 the dump!
Even at 1K satoshi, SEC would be cheap. So let the dumpers dump! Compared to MAID, which just doesnāt work, SEC should be at ~4K currently. Weāll see soon.
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Can you elaborate on these numbers?
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The total supply of MAID: ~500M, SEC: ~2B, diff: 2B / 500M = 4, which means MAID_supply / 4 (15K satoshi / 4 = 3.75 (or roughly 4)).
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Why do you compare MAID to SEC? They are apart now.
In the past, one could expect SEC cap = 0,1 x MAID cap. But now, no.
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Actually, I would suggest a value of SEC to be defined by these factors:
- We earn off of transaction fees when the Safex wallet is in use.
- We have voting control of funds gained by http://omnichest.info/lookupadd.aspx?address=15N8mbsRwiwyQpsTUcGfETpStYkTFjcHvh
^^ these are the 1% of coins designated for Developer pool, to which I had added additional 17m SEC to increase Developer stake.
So in the world where we go forward with our blockchain network. We will earn from the fees of that chain when people use our wallet. We also gain some stake in the blockchain network as a reward and seed to utilize it.
I think that distribution is flawed by many coins, and I think that it should be throttled over a longer period of time. Therefore coins in circulation early are equally valuable as the ones to be introduced later to address network adoption.
In this scenario we escape critical dependency on a third party. My business objectives to promote a coin have not changed, and I have staked up in SEC so I am a member of the group with ~2%. I personally am not interested in selling SEC because I look forward to earning fees for the long term and further participating in expansion via voting on the spending of Dev coins. I appreciate all of the people who have contributed to it and I plan to continue to honor our stake in this endeavor. The great thing is people can drop in and out of it as they please. When I said it is a truly ābag holder coinā it really is, and the risk is whatever it is compared to other coins. I am committed to see to its value.
@dvnp If I had to guess SEC price will grow when it starts to earn fees from the blockchain network. In addition to the value that the opinion that SEC provides does matter to me, thus the coin does have a critical value to the development process. And for all we know, the majority of holders demand we steer clear of developing something new, but we are going to find out.
@uqaz, on the point of maidā¦ it is up on pure hype from February timeā¦ someone (heh) went all out and margin longed a lot of maid, and the price rose and now people may have a psychological expectation for keeping the price where it is. Maid was on a downward streak by crowdsale participants for a long while. And releases started happening because maidsafe needed to get something to show for the time they had spent and get more funding.
-btw the SEC 78m whale took removed from the exchange 37m having sold 41mā¦
here they are: http://omnichest.info/lookupadd.aspx?address=15JiVAkW5HWKmo5nCV55MMGDU1LBGjTsnW
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i got my math rite. if connected to 10% of other coin it cud be much lower than cud be
prolly better it not connected wit anything else
good explanation Dally im wit you
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Thatās a good point @needadime, If weāre tied to MaidSafeCoin at 10% as @uqaz suggested, then what if MSC is at 10m market cap. Does that condemn us to 1m marketcap? By this logic you suggest, we can exceed MSC and I do prefer not being tied into a dependency that could take a couple-few years to deploy, and then still have to wait more time to prove its efficacy.
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Right, but a PEG to another asset could be nice. Donāt know why or what for.
Tether, Steemdollars, bitUSD are all falling on this.
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We had hoped to peg SEC to safecoin earnings, a few years down the road that still can happen. In the meantime we can peg SEC to ānewcoinā earnings. TBH I have a plan for the ānewcoinā and new branding strategy which completely ties back to SEC. I am just yet reluctant to expose the plan until itās rounded out and I can deploy full steam.
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@dallyshalla PDC (Project Decorum) soon on testnet? https://bitcointalk.org/index.php?topic=1432872.msg16181308#msg16181308
thatās called hype; I donāt read any substance there, besides someone hacking around with unfinished software
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If SEC goes over 5K satoshi, Iāll gladly donate to the project the BTC equivalent of a Mercedes-Benz C-class 
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Thatās cool @dvnp though Iām sure more money at this stage will not be required. Iāve no plans to fund raise any further, I canāt imagine what more to spend it on. Devs is not an issue, itās just reliable devs who can come on board and help and be trusted to help particularly in front end department. But that requirement is fading since if we are building new network it is all backend, and then a front end wallet. So around that time, so I do plan that the new coin can fund that and we have Developer SEC that would be there to finance t his, not by selling SEC but by selling the new coin.
@dvnp Iād hope that youād use your gains and do your own promotion, and enjoy yourself because thatās just how it goes with investing and winning.
I got the CSS file and this weekend I will deploy it, and I am planning a public appearance with @we-advance to discuss the proposal. ~15th of September.
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css as planned for the weekend, expect public announcement of proposal this Friday with @we-advance just need to nail a time
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uploaded the css, Ill go over usage of this site to upload proposals and votes, what is missing yet is a captcha and blockheight to the proposalās parameter.
And packaging the vote maker and proposal maker with the rust service, found in the github repo under āuiā name 2 electron apps (so that it is easy to use, right now you have to fire up 2 different things in 2 different command lines, should be double click, launch)
wow, such a learning experience (making the web apps in typescript) and a ton of fun as well and glad to see the backend that its working out together
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looks nice so we goin to roll ?!!
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