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 "bag holder coin" 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 maid.. it is up on pure hype from February time.. 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 41m...
here they are: http://omnichest.info/lookupadd.aspx?address=15JiVAkW5HWKmo5nCV55MMGDU1LBGjTsnW