I like this quote from the article: Decred is well on its way to becoming the ultimate cryptocurrency. A self-funded coin with an outstanding development team, an unrivaled decentralized governance system and a community that is second to none. If we throw in instant low-cost transactions with LN integration and privacy enhancement on the roadmap – can anything surpass the greatness of Decred?
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But this would defy the purpose of SiaCoin as CHEAP storage. If the price of the coin would rise a lot, the price of storage per GB would also rise, and that would mean Siacoin would no longer be cheaper than competative cloud storage solutions, such as Amazon. Quite difficult project if you think about it. You actually don't want the price to rise too much.
Not true, the price in coins to use the service would simply change. So for example instead of your storage costing 20,000 Sia per month it might cost 10,000, or 2,000, or 200 and so on as the Sia price increases.
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The circulating supply is quite high though, not much room for mad profits.
If they become a goto service for decentralized cloud storage I beg to differ. Their service will cost much less than the current mainstream services and lets face it most people are price conscious. Not to mention the privacy Sia will provide.
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Time to stock up on Sia whenever it's weak. Keep in mind they do like zero marketing.
Why is that though? They need to get out there promoting it. They have there website and their roadmap and give regular updates. They are concentrating on bringing a great product out, not pumping the coin, which is the type of coin I like to invest in for the long term.
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Hello. Is it worth buying this coin? And what is better than the rest of the coins? Yes, because it is about to pump. And why is it better then other coins I think you are tying to ask: because most of the other coins have already had there big runs, and while they may go a little higher, this one can go a lot higher percentage-wise.
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yeah i sold all my sia today, bought them on 32 sat, so 600% profit. don't see it going to make me rich. i invested all my winnings of sia in lykke.
To each is there own. I got in at a similar price, but this is a long term hold for me, as I believe it will get much more valuable in the future.
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We are at the highest percent difference as compared to BTC since January, but nothing approaching last summer.
$200 is an interesting psychological level, though.
At this moment, GBTC is trading at 222$ , that's a big increase on difference with bitcoin, and a big increase on its price from 2 days ago. Yea, but if BTC goes parabolic, like it seems it is, it could really get interesting.
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After seeing Stellar Lumens this past week, I don't think it's unrealistic for Sia to explode past a penny after their June release.
I was literally looking at Stellar a week or so ago and it was $0.004.
It's now at $0.05! That's a HUGE PUMP.
And there is really nothing I'm aware of that justifies that kind of pump. It's not in any way organic.
All I can think of is a tweet from their CTO (Jed McCaleb), co-founder of Ripple too btw, who said Stellar is talking with IBM about the future of payments. The price took off after that tweet.
Sia is a technically sound project and the lack of marketing is a nod to the diligence their dev team is applying to making a great product. Others can laugh now and cry later.
Based on what I've seen in the past few weeks and seeing how HUGE the market cap for altcoins has grown, I don't think it's at all unrealistic to see a major jump in Sia's price this summer after the June release. They've got major ambitions.
Well said, with solid progress being made all the time, we can just sit tight on our bags and the pump will happen due it's own merit. Quality will win out in the end.
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Well, even without marketing it reached top 15 (can't remember the best position), without serious marketing. Just imageine what will happen when things get real Yea, they are still working hard to build the ultimate product. When it all together, it will speak for itself. I am always suspicious of coins marketing teams that pump too much.
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This coin's biggest problem is lack of professionalism at team behind the project. They don't have some proper English speaking representative to keep the community uptodate and to convey messages and updates to investors. All what comes out timely is few sentences or talks over slack or somewhere else. They need to build community by restoring the confidence in investors.
They are still hard at work building the system. I would rather they work quietly building a great product, then pump a crappy one.
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I'm just joking just for fun You should be careful, manipulating the markets with falsehoods is a criminal offense.
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wow i bought at 48 sats amazing growth, how far can it go? As big as the decentralized cloud storage can grow, Sia can grow along with it. My target is $1/Sia coin in 2 - 4 years. But for speculation, you may want to check out the speculation thread: https://bitcointalk.org/index.php?topic=1836426.0
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If you have 1.000$ total and you do have it in bitcoin, there is nothing to be surprised about. But If you have 100.000$ total and have it in bitcoin or other cryptocurrencies, this is extremely risky.
But having $100,000 invested could also potentially be very rewarding as the block chain is in it's infancy. The question is not how much it will be worth in a few days or months but how much will it be worth in 3 - 5 years.
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when is grayscale going to have the ethereum trust available to buy into?
I don't think they will. Instead Barry Silbert, who runs GBTC, wants to create a type of ETC fund for accredited investors.
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I can not understand any reason that can make the value of bitcoin suddenly increase dramatically in a short time. It made me so surprised. No event of great magnitude can make the value of bitcoin change fast. It makes me feel confused, and meanwhile, why are people still buying bitcoin continuously while its value is too high, I really do not understand.
Japan has embraced Bitcoin and they are promoting it heavily there. Also institutional investors don't want to miss out and are throwing some cash it's way. It only takes an extra $3 Million a day to push it's price higher. Also Russia and India are starting to be less harsh towards bitcoin and may allow it soon.
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so any chance of this getting on poloneix? Have a few issues with bittrex and would rather use an exchange i'm familiar with.
Sure there is, fill out a coin request form, and let us know if you succeed: https://poloniex.com/coinRequest
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