Re: [SDC] The Shadow Project | Anon POS | Market*

Any ball park speculations for SDC price after market release?

Seems highly undervalued here given the potential.

It all depends on what is being offered on the market and the quality of the merchants. If it's good stuff (or rather, good bad stuff) people will be willing to pay a premium over the fiat value and we'll see the price rise.

Don't expect any rapid rises, because most of the spent coins are going to end up right back on the exchanges for approximately what the product seller was planning to get for them. But he'll be willing to accept a little more Grin

, and that will happen if we have a lot of people looking to use a limited number of coins.

But if the market fills up with crap and scammers, we're going to have to figure out a way to address that before we see any big run-ups. We're also going to have to deal with a lot of bad press once some fatal heroin is sold and the terrorists, human traffickers and child abusers discover Shadow and it makes the news. I don't foresee many legitimate businesses publicly accepting SDC for that reason, but there is a lot of business to be conducted and money to be made without them.

I think it is not that simple.. demand will grow, the distribution will be accelerated , and price can't stay low..
And for example, I sell 2 silver orders for SDC, and don't plan to sell them for $. Cryptos are more than money to me

That's a good plan. I don't have use for anything I can't buy in a local store so I might not be shopping much on the market. The thing is though, if everything on the market turns out to be garbage word will spread quickly, and then how will you use your SDC? Getting the tech down is the first part, but it won't really be a market until there is something to buy and that part is up to the community.

I seriously doubt the market will be full of shit, It hasn't happened to any of the previous darkmarkets so don't know why it would start now even some of the markets that are almost unknown have quality stuff, most people selling on the darkweb have fairly high standards when it comes to quality and purity.
But it needs to have some kind of system that removes items that people show no interest well would be nice if possible.
Or just have a separate section of the market for items that get little interest or attention and vendors with bad trust ratings so it's not cramping up the items that do get a lot of attention and keeps the dishonest vendors from the honest ones, sort of like a naughty corner for useless items and untrustworthy vendors, your not censoring the market just arranging it in a way that i don't have to see those items and vendors if i don't want to, because most products and vendors will be legit but we want to keep everything looking nice and clean.

What might be necessary is ensuring a listing can only be posted with an address from a wallet that controls the address. Otherwise I can see competitors ratfucking each other- post a listing of an improbable product with a ridiculously low price, but using your competitor's address. People send him coins and he can't deliver anything and it makes him look like a crook. Reputation is going to be critical with this market and the only way to build a rep will be to associate it with a stealth address. This is just an example of one of the practical details that will have to be worked out.