Maidsafe coin value - unlimited storage supply

[Anonymous2020]

@Dimitar

If the price goes up, more people will become farmers. This will increase the storage space you will be able to buy with 1 safecoin. This will increase the price of the coin even more and more people will become farmers.

This is a self-supporting circle upwards… Yes, there will be a limit. But it will come after half of humanity uses the SAFE net. The price of the currency will be in the order of 100-1000$ minimum.

I like that and hope that is how the safecoin economics will work.

[wydileie]

@Anonymous2020

That is not right or rather should not be correct. That is why Safecoin needs to be divisible so that with increase in safecoin price woud then allow you to purchase even more storage. ie if 1GB was priced at 1 safecoin and if safecoin price doubles you should be able to spend .5 safecoin to get the same amount of storage. Safecoin price should ONLY depend on the growth of the network. If the network grows so should the price of safecoin.

I think you misunderstood what I was saying, or rather, I misspoke. I agree with you. The network should not directly manipulate the price of Safecoin, rather adjust how much space you can buy for a single coin. Nothing I said was anti divisibility. I think divisibility is already promised at this point.