Bitcoin Forum

i speculate sia funds are a better investment than sia coin because infinite money  ;D

Whew: all that being said - Sia has been gathering clout over the last month and is forming what looks to me like a cup and handle formation.  As well I've begun to hear whispers around the Internet of others getting excited about it too.  In a sea of blatant scams and hype, Sia may not be perfect, but they deliver a minimum viable product and fulfill their vision of decentralized data storage.  This is why I own them, and as many of you know, I don't publicly own many crypto projects.

according to the calculations of blocks and checking with other data, the approximate total number of coins 300000 unit can reach 45-50 bill coins, but after 300k block is the number, i.e. its gain will decrease to the reward of 30,000 coins per block, i.e. the total number of coins in 5-7 years can reach about 55-60 bill coins, let me remind you that this data is not accurate

according to the calculations of blocks and checking with other data, the approximate total number of coins 300000 unit can reach 45-50 bill coins, but after 300k block is the number, i.e. its gain will decrease to the reward of 30,000 coins per block, i.e. the total number of coins in 5-7 years can reach about 55-60 bill coins, let me remind you that this data is not accurate

After block 270,000 the reward will be 30'000 coins per block. That should make it's inflation rate very low at that point in time. Too lazy to do exact calculation at this point.

Here is an interesting article talking about Sia from Lao Mao.
https://yunbi.com/?lang=en

Why Did YUNBI Launch SIACOIN Trading?

YUNBI has always been very cautious about selecting valuable blockchain assets, so why launched Siacoin?
YUNBI Formally Launched SIACOIN!

A year ago, It's difficult for YUNBI to find the "real blockchain asset"，so YUNBI's listing speed is very very slow, so slow that our customers feel that "are you guys in hibernation?"
If you say YUNBI has a picky taste of choosing listing assets, I would not deny.
However, even so, some of the listed assets are just like chicken ribs.
It is not because YUNBI don't want to list good assets, but because it is really hard to find one. Why YUNBI don't list this? Why YUNBI don't list that? Day after day, we receive these kinds of inquiries. The answer is very simple, most of these assets don't comply with our values, or we think the core team background cannot pass our standard.
We have been thinking: What kind of assets is good enough for both investors and users?
If YUNBI can list Bitcoin in 2010, it is clear that we can bring much more profits to YUNBI users. In China, that award should give apparently to BTCC.
However, Bitcoin is Bitcoin, the world's only bitcoin. Any altcoin with a simple fork wants to replace Bitcoin behavior is bluffing.
BTS series, as innovative blockchain assets, were the ones YUNBI placed high expectations. But under the government of BM, the absolute power management make this series to crash.
Then 2016 came, with the rise of Etherem, blockchain technology also started to make a large outbreak, like the Cambrian explosion. The entire industry turned out a vibrant new scene. Ethereum not only created a brand new ecosystems, but also draw a popular attention of Bitcoin once again. The valuable blockchain assets finally appear in front of us.
It is the blockchain assets which truely has application values that give users an investment opportunity.

Bitcoin is already the most important super sovereignty currency.
Ethereum is the most mature blockchain development platform.
These are indisputable facts.
And there are other applications, relating to everybody's convenience.
Such as cloud storage.
As we all know the reasons, within one month, Six domestic cloud storage providers have announced to stop the service .
Baidu and 360 cloud storage are the only two of the most influential providers.
At this point, SIA, a decentralized cloud storage project caught our attention.

Your Sia Wallet, is your storage client, through which you can on any network storage device with SIA to provide space for your files that are stored encrypted.
No need to worry about the security of your file, each file is sliced to ​​ten pieces, and each of them is stored in a high-strength encrypted cyberspace. Ten cyberspaces have no realtion between each other. No need to worry about losing your files. Each saved file has at least must select three or more backups, as long as you have enough SIACOIN, you can also choose to add more security to back up your files.
Your file is saved in decentralized mode. As long as the network operates, your files are storaging in the cyberspaces. No one can control, no one can spy on, and no one can therefore ask you to have a cup of tea (a proverb in Chinese).

Keep your keys, your document is your document, as your bitcoin is your real personal assets.
SIA is the first truly commercial operating cloud storage projects, if you want to know more, you can goto here to learn more about the technical details.
As a commercial project which apply the blockchain technology to deal with the real demand, whose market value is only a million dollars, Sia makes us feel surprised.
So, we think it is a worthy blockchain assets with expectations. We expect that the official version of SIA V 1.0 comes out at June, then perhaps it will implement all the functions from the plan. We will witness the application context of a real valuable blockchain assets.

We believe that decentralized cloud storage is a rigid demand, not only it will give users a convenience tool of storaging, but also give investors some profit opportunities. These are the important reasons why we bring Siacoin trading into YUNBI.

https://yunbi.com/?lang=en

I speculate that AP has made a huge profit on Siacoin so far. Nice pick dude.

I actually sold it all for a few satoshi profit and flipped back into Monero back in April.  I made half a bitcoin profit at most.   :'( 
 
It's my loss for not having conviction in my holdings; I need to stay diversified and not keep all my eggs in one basket.  I may look for a new entry if Siacoin consolidates in coming weeks from its recent exuberance.  Despite me missing the boat however, I am thrilled at the thought that others may have profited from Sia - good stuff.

I actually sold it all for a few satoshi profit and flipped back into Monero back in April.  I made half a bitcoin profit at most.   :'( 

If you have followed Sia you may know that the recent price hike was all down to Yunbi (a large Chinese exchange) listing Siacoin next to a small selection of other alts. So, consider what will happen when 1.0 is launched ...

Oh ye of little faith  :P

Even though you missed the boat, it's been great to see your threads and have your support. The votes of confidence that we get from key players in the cryptocurrency space keep us motivated.  We're glad to have gotten so much working already, and excited for what's coming in the next month.

If you have followed Sia you may know that the recent price hike was all down to Yunbi (a large Chinese exchange) listing Siacoin next to a small selection of other alts. So, consider what will happen when 1.0 is launched (and it won't be an "experimental" launch; that is all part of 0.6.x development and testing).

I would say now is a good time to re-enter Sia. It is down that 53-54 sats and seems to have hit a resistance level there. I doubt it will go much lower.

Good luck on whatever path you choose!

Based on that I'd guess "what will happen" (with respect to price) will depend more on what large Chinese exchanges do than on what versions are launched.

Taek  ADMINS 3 days ago

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We've decided as a team to delay the 1.0 release until June 28th, for two primary reasons.

We want the 1.0 release to have a GUI.
We want the 1.0 release to have a wallet that unlocks instantly instead of taking 5+ minutes.
For this reason, 1.0 is being delayed, but will be released with both of those features in place. In addition, we should be able to get a number of wallet recovery and consolidation features polished which currently only have weak support.

For developers waiting for a stable API, we plan on having a stable API sooner than June 28th, perhaps as early as June 14th. We appreciate your patience as we take the time to make sure things are done correctly.

v0.6.1 is almost complete, there is a bug that needs to be fixed before we can create the RC, but the first release candidate should be available early next week. The primary feature in v0.6.1 is renter renewing, however we've also fixed a few bugs, fixed a security vulnerability, and made a small number of user experience improvements.

I did some soul searching and realized that I needed to diversify a little out of Monero into a couple of other worthwhile projects.  So I swallowed my pride and rebought Sia for 56 satoshi just now.  I expect it could drop to as little as 40 satoshi, but I'm willing to ride that ride.  Smooth is right - the Chinese tech fans can be voracious when they catch wind of a new fascination, and there are a lot of good things (honest good things, not empty hype like some of these recent ICOs) on the horizon for SC. 
 
So I'm back in for approximately 20 million Sia.  It's a shame I didn't just hold what I had back a couple of months ago, but I won't make that mistake again.  I've seen how many commits you guys have made to the project and I feel like there are good things to come.  Good luck to you for the upcoming June milestone!

Will  offical Siacoin wallet be released this June?

Have fees been paid to Sianote holders yet? How does that work?

Fees automatically go to the Sia Funds as they happen on the chain.


If you are referring to the actual Sia Notes from back on NXT those are invalid and had to be exchanged for Sia Funds by June 2015 when the block chain kicked off.

Yeah Im wondering too.

i exchanged on nxt, got the key from then, but how to send it or see how many sia its been paid?

Yeah Im wondering too.

i exchanged on nxt, got the key from then, but how to send it or see how many sia its been paid?

Is there a sia blockexplorer for sia coins & sia funds?

Okay pegasus, you were right and I made money.  What should I put this Sia money into now (aside from Monero of course, which I already did).

Wow, amazing trading day.  Could we see 100 satoshi this month?  Go go YUNBI power friends!

I am not registered to give financial advice.  No one should ever listen to me because I have consistently been proven a fool who understands neither markets nor math.  I blew up my trading account buying penny stocks, then I blew it up buying Facebook puts.  Then after I scraped together some more money I blew it up going all in on Dogecoin and Nyancoin.  Only a fool would listen to what I have to say. 
 
That being said, I own three things right now - Monero, SIA, and IOC.

SIACOIN RIP

I had really high hopes for SC and Storj in fact. Was eagerly looking forward to the release of Sia. Price also have been on the constant rise but just after the release something has gone wrong terribly and price has been dropping down.

Personally i was looking forward to the Storj-share feature, but initial deposit of 50k just pushed me off it. Should've been less imo.

Having said that, the UI and other things work far better than the beta version and they've done a tremendous work. Fingers crossed as to things will pick up instead of just fizzing out.

why?

Sia is a great coin, I invested close to 1k in it. I personally think it will blow.

Waves and siacoin both rised 300% in 15 days

Do you think SIA can reach XRP price in long term?

Does SC have the chance to be the next DGB? I think it's possible ;D

Well..I think this coin will continue climbing however even now Im astonished by its rise

I bought some. I'm thinking about selling it after the fork. Which stock markets support fork?