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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1337938 times)
ADReHaJIuH4uK
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May 21, 2017, 01:18:29 PM
 #4601

What is pump ?
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aoluain
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May 21, 2017, 01:27:57 PM
 #4602

SIA should collaborate with AWS, Google Drive or Dropbox , this will make SIA a very good project.

As far as I'm aware, thats what they want to target rather than single one off users
they will be targeting "wholesalers" and offering them storage options.

"Breaking into this market is a multi-billion dollar endeavor. The long term goal of Sia
is to be the backbone storage layer of the Internet. "


Taken from > http://sia.tech/about/
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May 21, 2017, 02:12:55 PM
 #4603

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

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jane418
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May 21, 2017, 02:19:22 PM
 #4604

is Sia similiar to Storj?

paperstack
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May 21, 2017, 02:34:56 PM
 #4605

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?
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May 21, 2017, 02:44:25 PM
 #4606


but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?

I don't think that is something that the devs can control, and the statement sounds silly to me. It doesn't matter if you storage costs 10,000 SIA or .0010 SIA per month in the end.
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May 21, 2017, 04:02:51 PM
 #4607


NiceHash added support for Sia! You can buy Sia hashing power here


Code:
[2017-05-21 12:02:07] NVML GPU monitoring enabled.
[2017-05-21 12:02:07] 7 miner threads started, using 'sia' algorithm.
[2017-05-21 12:02:07] Stratum connection failed: Could not resolve host: sia.usa.nicehash.com
[2017-05-21 12:02:07] ...retry after 30 seconds

4emily
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May 21, 2017, 04:35:56 PM
 #4608

What is meant by 'metadata' in the following passage taken from http://forum.sia.tech/topic/867/addressing-thoughtful-concerns-about-sia-s-security-viability
and where is it stored?

 
Quote
Sia has all the benefits and more of a cloud. Sia is a very early platform, so not all of the features I'm about to mention are in place, but we expect they will all be there within the next 12 months. The architecture has been explicitly designed to allow for them, we just need more engineers and engineering time:
    Data can be easily retrieved from any device.
    Data is backed up across dozens of hosts on many different continents
    Data can be recovered using only your wallet seed. You do not need to store the metadata (note: this feature is still a few months away. In the meantime, keep your metadata!)
    Sia is decentralized such that only you are in control of the data. No corporation can deny you access to your files, no storage provider can spy on your files, you are not subject to weird terms of service, not subject   to vendor lock-in, not subject to arbitrary changes in price.

Thanks Smiley

Bump - anyone?
mrbum805
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May 21, 2017, 04:43:44 PM
 #4609

stopping by to say hi just joined back in i sold way to early before i had more of an understanding of the project.. i like long term investing.. Good luck team and ill will keep reading up!

Check out www.reviewdailylife.com for some fun upgrades around the house!
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May 21, 2017, 05:09:08 PM
 #4610

Code:
[2017-05-21 12:02:07] NVML GPU monitoring enabled.
[2017-05-21 12:02:07] 7 miner threads started, using 'sia' algorithm.
[2017-05-21 12:02:07] Stratum connection failed: Could not resolve host: sia.usa.nicehash.com
[2017-05-21 12:02:07] ...retry after 30 seconds

Try again. It should work now.  Smiley
The same ending! Please try to give a good result!

Bitcore (BTX) anything is possible!
dadingsda
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May 21, 2017, 05:25:53 PM
 #4611

News about minebox?

INVALID BBCODE: close of unopened tag in table (1)
andyatcrux
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May 21, 2017, 06:38:02 PM
 #4612

Congrats to those long term holders. Still have a modest bag myself (though I did sell more than I wish I had). It's great to see Sia getting some well deserved attention. Even if this price does not hold, remember that speculative bubbles come and go, but the solid projects like this one persist. Don't just trade Sia, try out the tech and you'll know what i speak of.
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May 21, 2017, 06:42:03 PM
 #4613

hi

 what prospect for sia ?

dranster
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May 21, 2017, 06:43:45 PM
 #4614

SIA is a pump and dump shitcoin that is riding on the DGB Hype train which is a shitcoin itself


THis bubble will burst hard and SIA will be under 25 sats in no time
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May 21, 2017, 09:59:22 PM
 #4615

SIA is a pump and dump shitcoin that is riding on the DGB Hype train which is a shitcoin itself


THis bubble will burst hard and SIA will be under 25 sats in no time

wow why so much rage..do you have missed the bull run ?

sia and dgb have project it seems to me..sia cloud storage and dgb cybersecuity by smartcontract and it will activat segwit soon.

if some one use sia network..can it coming testify than sia cold storage work ?

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May 21, 2017, 10:07:11 PM
 #4616

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?

Nope, that's not correct. Hosting prices are offered by individual hosts that will reduce the price in Siacoin according to market conditions. For example, one moth ago I was asking 1200SC/Tb/month and now I am asking for 200SC. It doesn't matter if the value of the token goes to the moon: I will have to keep reducing the price to be competitive.

I must be the only one here that is not happy with this price bump. I am a host and for me is just annoying to have to be changing my hosting prices every couple of days. And for potential renters I guess all this instability of prices might be scary: "should I rent or should I hold my coins?". Sia does not need a price bump like this. We just need stability to promote the network growth and attract big renters to the ecosystem (right now, only 2.5% of the offered space is being used)
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May 21, 2017, 10:12:30 PM
 #4617

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?

Nope, that's not correct. Hosting prices are offered by individual hosts that will reduce the price in Siacoin according to market conditions. For example, one moth ago I was asking 1200SC/Tb/month and now I am asking for 200SC. It doesn't matter if the value of the token goes to the moon: I will have to keep reducing the price to be competitive.

I must be the only one here that is not happy with this price bump. I am a host and for me is just annoying to have to be changing my hosting prices every couple of days. And for potential renters I guess all this instability of prices might be scary: "should I rent or should I hold my coins?". Sia does not need a price bump like this. We just need stability to promote the network growth and attract big renters to the ecosystem (right now, only 2.5% of the offered space is being used)
 

so are u not satisfact of resell ur sia with more value..what u should u said of btc  Roll Eyes

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May 21, 2017, 10:25:43 PM
 #4618

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?

Nope, that's not correct. Hosting prices are offered by individual hosts that will reduce the price in Siacoin according to market conditions. For example, one moth ago I was asking 1200SC/Tb/month and now I am asking for 200SC. It doesn't matter if the value of the token goes to the moon: I will have to keep reducing the price to be competitive.

I must be the only one here that is not happy with this price bump. I am a host and for me is just annoying to have to be changing my hosting prices every couple of days. And for potential renters I guess all this instability of prices might be scary: "should I rent or should I hold my coins?". Sia does not need a price bump like this. We just need stability to promote the network growth and attract big renters to the ecosystem (right now, only 2.5% of the offered space is being used)
 

so are u not satisfact of resell ur sia with more value..what u should u said of btc  Roll Eyes

I am not in the Sia ecosystem to make money. I am here to offer storage space because I believe in this project and I think it can become the "Uber of cloud storage". That way, it will broke Amazon/Microsoft monopolies an reduce overall the cost of cloud storage worldwide, something everybody will benefit in the long term.

It is right my current hosting contracts will return me more value, but I think it is also scaring new renters. In the last 3-4 days the rate of new storage contracts have been significantly reduced compared with the last 2 weeks. I would ratter have 80% of my disks full of cheap contracts than just a 5% (like now) of contracts that have increased their value because of a exchange bump in the meanwhile.

Also, this bump means for the hosts that we will have to pay much more FIAT for acquiring collateral to offer in the new contracts... I already have my wallet with plenty of collateral budget, but any new host needs to provide by design 20.000SC minimal in collateral budget. This is, $200 paid upfront if you want to offer your hard drives with the hope of receiving $2-3/Tb/month... Do you see the problem more clear now?

So as you see, only traders are benefiting from this bump, not the users
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May 21, 2017, 10:31:17 PM
 #4619

Earlier for me, the price of this token (120-150 sat) seemed colossal. But now I think 450sat is very small.

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May 21, 2017, 10:36:21 PM
Last edit: May 21, 2017, 10:55:59 PM by galaxiekyl
 #4620

I am planning to sell at 1500-2000 sat, as from there on i believe it's a long hold. Lets see what june brings
Actually, I don't want to speculate at the price but we cant really see now I think. I will wait for further developments If I were you, I think Siacoin has so much to bring to the table.

but i heard the devs are planning to hold the price down on purpose because of cheap hosting value, am i wrong saying that $0.10 would be their max goal at the very end?

Nope, that's not correct. Hosting prices are offered by individual hosts that will reduce the price in Siacoin according to market conditions. For example, one moth ago I was asking 1200SC/Tb/month and now I am asking for 200SC. It doesn't matter if the value of the token goes to the moon: I will have to keep reducing the price to be competitive.

I must be the only one here that is not happy with this price bump. I am a host and for me is just annoying to have to be changing my hosting prices every couple of days. And for potential renters I guess all this instability of prices might be scary: "should I rent or should I hold my coins?". Sia does not need a price bump like this. We just need stability to promote the network growth and attract big renters to the ecosystem (right now, only 2.5% of the offered space is being used)
 

so are u not satisfact of resell ur sia with more value..what u should u said of btc  Roll Eyes

I am not in the Sia ecosystem to make money. I am here to offer storage space because I believe in this project and I think it can become the "Uber of cloud storage". That way, it will broke Amazon/Microsoft monopolies an reduce overall the cost of cloud storage worldwide, something everybody will benefit in the long term.

It is right my current hosting contracts will return me more value, but I think it is also scaring new renters. In the last 3-4 days the rate of new storage contracts have been significantly reduced compared with the last 2 weeks. I would ratter have 80% of my disks full of cheap contracts than just a 5% (like now) of contracts that have increased their value because of a exchange bump in the meanwhile.

Also, this bump means for the hosts that we will have to pay much more FIAT for acquiring collateral to offer in the new contracts... I already have my wallet with plenty of collateral budget, but any new host needs to provide by design 20.000SC minimal in collateral budget. This is, $200 paid upfront if you want to offer your hard drives with the hope of receiving $2-3/Tb/month... Do you see the problem more clear now?

So as you see, only traders are benefiting from this bump, not the users

sure this problem must be resolve by devs not me and you..why not provide price in fiat this will more clear.

however it is a very good project..i never made trust at cloud storage..because this can close or look your data if they want..price is very expansif andif you do not pay your data are delete..What is the policy about this? when contrat is end i can recuperat my data ?

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