2 years -> 1 Safecoin = 2 BTC
Ridiculous.
Probably a more realistic calculation would be somewhere along the lines of Ripple. Ripple at its peak had an astonishing market cap of $6 billion.
Let's say Safecoin achieves say 4.3 billion USD for a brief moment, the we are talking about $1 per Safecoin.
So the 1 BTC purchase today would then be worth an astonishing $23,800!
Anyway, let's hope the money we invested in this can generate the hype.
It's difficult to see why either of your guesstimates would ever happen. At this point there's no reason why the Safecoin value would ever appreciate, as there's no actual use for it in the SAFE system. Will it pay for access? Apparently not. Will it pay for apps? Who knows.. Until the Maidsafe folks actually unveil a business plan and usage model for Safecoins, there's nothing to indicate that the value will appreciate other than a fancy exponential graph in a blog post indicating that value will increase then plateau and that it will somehow be inversely related to processing power and storage costs.
That doesn't make any sense though, if processing power and storage costs go towards zero, why would the Safecoin token price increase? Add to this a hefty inflation from farming and the value might actually decrease. I do hope they surprise me though and come up with something awesome, the potential of their technology deserves it.
So explain to me why Ripple hit a market valuation of $6 billion? There are barely any exchanges that employ Ripple.
Safecoins are proxies for Proof of Resources. So essentially, if you need 120GB then you use SafeCoins to acquire that storage space on the cloud.
Yes, processing power and storage costs do go to zero, but we always need more of it. Look at Bitcoin ASIC hardware, they also go to zero at a pace much faster than processing power or storage, but we always need more of it. The point is though, Safecoin doesn't come for free. You have to spend something to acquire it. Bitcoin burns energy by running a useless calculation, so does every other alt-coin out there. SafeCoin by contrast, does create something of utility, that is, it create storage. The other thing is that, SafeCoin is one of the few coins that provides incentives for running an active node. Bitcoin by contrast only provides incentive for running a miner.
The point I want to make as to why Safecoin has a unique proposition as compared to alt-coins it is likely the only coin out there that creates something of value as a consequence of 'mining'.
As to the price, well.... its pure speculation.
