I have been invested in this project 6 months back. It is one of my favorite projects which I am following closely on a daily basis. From their own forum (Safe.exchange), Reddit, Blog, YouTube post ect.
The founder of SAFEX, Daniel Dabek is very active in social media which is a good thing for us investors. News and updates are given to us almost every week. Be it ups or downs (delisting a month back) we survived and is at all time high now with limited coins trading on a minor exchange (TradeSatoshi). Some are willing to take risk, buying in the free market from others and some are willing to pay a higher price of over 1000 Satoshi on the Safex.io website itself. Its like "Hey come on, this coin can still double in value on a minor exchange", demands is there.
Look at Alibaba(481.837B), Ebay (39.715B) or Amazon (628.939B), their marketcap is far far away from young SAFEX. It is still undervalued in terms of long term view.
Reasons for Growth
Free Republic of Liberland is a partner with SAFEX
Blue Paper coming out soon (I believed it will be great news meaning increase in SAFEX value)
Decentralized marketplace to be implemented
People willing to take risk to trade on small exchange, even buy at more than 100 sats from official website. (Demand is there, I believed that the "real value" is more than what is shown on coinmarketcap as TradeSatoshi only have a limited supply for small traders like me. Whales are not in play yet.)
Not on major exchanges (in fact only on a small exchange now, listing to exchange means increase in value when more people trades)
Working wallet, which is important. (Storing of coins and rewards airdrop in the future. (Safex Cash))
Even John McAfee once said that his holding of SAFEX token is more than his BitCoin holding in Twitter. (Which causes a pump and volumes of trade crashes Cryptopia on that specific day.)
When there is no exchanges and people are finding it hard to sell their SAFEX holding, Dan Dabek made a post offering to buy back the tokens at 200 sats (price according to market back then, when he made the post, confidence is shown).
Listing on NEXT.EXCHANGE when it is opened to public on Feb 2018.
Max supply is low, and nearly 100% of supply is circulated in the market.
Holding SAFEX earns you some profits from the future launch of marketplace. And part of the coins will be distributed to SAFEX holders.
Look at Dan Dabek recent post on twitter. His is the man who delicate his whole life to this project and make sure it will be successful. Such confidence and daring comments posted recently, who will risk their reputation posting such comments and have no to show.
Final Verdict
Don't you think SAFEX have many many reasons to increase in its value and moonshot in the near future? All I can say is that it is definitely undervalued in my opinion even at the current value and the above are all reasons that the value will increase or at least causes some pump (that's what most people like right?).
I made a mistake selling 2852 Kucoin Shares at 0.90 at entry point of 0.60 (making 50% gain in 2 days after entering thinking that I am a champion)which is currently trading around $18-20 each, and also buying more than 2000 EOS at 0.80 and selling them at a loss, because their value dropped at stayed at 0.50 mark for months. I told myself I won't ever lose this third opportunity again. SAFEX to the moon, HODL SAFEX!
Best regards and best of luck to all traders out there,
