Bitcoin Forum

I think it reached the support zone, i believe in the project but what are your opinions?

no its not yet,
if you look closely you will see it was not it support and it will drop a little more than now.
many people still thinking about it's worth invest in sia ? because it's really hard to describe it right now,
many competitors come up from nowhere and they're giving a lot of potential project like sia did.
for example storj,burst and maid.

SC is facing a down trend in the market but it does increase in price quite frequently. I have bought Siacoin in past and it has delivered me some worthy profits but now it doesn't give much profits. I do buy it then and there but not heavily, i just buy it for fun and active trading. Other than this I like to trade OMG, DGB, XRP etc...

I did. Around 280, and I'm happy with it.

I know people who bought it around 750, and they are still happy because they know what they bought.  ;)

I don't think so it decreased from its ath and now half of the ath price. Market conditions is good now and I hope it will rise.

sia is not a bad project,
but the problem is they have a lot of competitors,
no matter what,investor always trying to seek profit instead of supporting.
so,even if the price goes down no matter what the price will be back in the future.
you will only lose it if you sell it,if you don't and then you will not lose it at all.
just believe in it,i believe they will make another breakthrough

I think the whole world has invested in SIA; whether they like it or not. There is like 60 gajillion coins and counting. They are so common you will probably find some just lying around under your mattress. And they are about to release official asics to mine even more.  ::) ::)

Sia is promising but there are competitors like Maidsafe, Burst and StorJ(X). It is foreseeable that not all will get through. The winner takes it all, is a saying in the tech area. And this also applies for the decentralized storage coins. Sia has a good starting position but I would invest all four at the same time.

I am very interested in coins such as these with an actual business use case. I am on the edge of investing in it, but it is quite high already.

Ever heard of Proof of Burn?

Greets, Hank

It's not because asic will be released that it will increase coin inflation. It will be the same as of now, it's is just that it will not be gpu minable anymore.