Bitcoin Forum
November 17, 2019, 07:05:18 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: « 1 ... 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 [339] 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 ... 487 »
  Print  
Author Topic: [ANN] Sia - Decentralized Storage  (Read 1345499 times)
Mefestofel_Mefis
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
December 04, 2017, 04:12:22 PM
 #6761

Wow, sia went to .0094€ . It s always been .006€ or less . Is there any reason for this spike and should we sell now or will it rise higher?
1573974318
Hero Member
*
Offline Offline

Posts: 1573974318

View Profile Personal Message (Offline)

Ignore
1573974318
Reply with quote  #2

1573974318
Report to moderator
1573974318
Hero Member
*
Offline Offline

Posts: 1573974318

View Profile Personal Message (Offline)

Ignore
1573974318
Reply with quote  #2

1573974318
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1573974318
Hero Member
*
Offline Offline

Posts: 1573974318

View Profile Personal Message (Offline)

Ignore
1573974318
Reply with quote  #2

1573974318
Report to moderator
bgblevins
Newbie
*
Offline Offline

Activity: 45
Merit: 0


View Profile
December 04, 2017, 04:27:50 PM
 #6762

In my modest opinion, it is due to the incoming hardfork at block 135000 (in about 2-3 days):

- The hardfork news are giving a lot of visibility to Sia. Unfortunately most of the traders that move the markets do not read accurate sources of information and believed for several months the project was dying (totally false, the development has not stopped at any time and we had very good news in the last months). So more exposure in the social media lead to people read about Sia.

- A lot of traders have the miss-conception that the hardfork will drive to the creation of 2 coins in a similar was as Bitcoin Cash fork, so they are buying SC ahead of the fork. This is totally incorrect and people need to understand that this hardork will not create two coins: It is network upgrade that will make old client versions incompatible with the new rules of the blockchain. All users, miners and exchanges are going to use the new blockchain rules, and so the legacy chain will be abandoned. The Siacoin we will all use is the new one, and the legacy Siacoin will not be listed on any exchange, as no miners will mine for it, no users will use it.

Thanks for the Clarification.
Is there a expected date for the hard fork ?

It will be at block 135000 and we are currently at block 134679 (you can check the current block at https://www.siastats.info/index.html). Block time average is 10 minutes, so the hardfork is expected in 53 hours

So for a newbie here, Do we need to do anything with our Siacoin? Or just continue to hold?

If you are holding your coins in the official client, just be sure you are using the version 1.3.0. If it is an earlier version, just update. If not, you'll simply will not be able to see updated balances on your wallet, as you will not accept new blocks. However you'll always control your funds as long as you keep your recovery seed, so you can update at any moment in the future to send those coins anywhere else.

If you are holding on a exchange, it is safe to assume all the big ones are running an updated version of Sia, so they will keep operating normally (the compatible version was released 6 months ago!). However, as you probably know, holding your funds long-term on an exchange is a horrible idea as you don't control the keys of your coins, and so the exchanges can crash, can be hacked, can run away with your money, and you'll lose everything. For any coin you have, the safest place is always the official client (or a hardware wallet if the coins has one available, not the case of Sia), so you'll always control the keys that give access to the funds.

I have heard that sia is planning to launch its own campaign, what about the original concept, i mean the cloud storage services should be developed and be a success before launching a new project.
As far as we are aware, the developing company (Nebulous) does not have any other project they are preparing. Nebulous also owns a subsidiary called Obelisk that is developing ASIC miners, but the team behind it is different from the team developing SIa (with the exception of the CEO and the PR)

Thank you for your response. I am currently holding on an exchange, but I will take your advise and move to the client.
aoluain
Sr. Member
****
Offline Offline

Activity: 812
Merit: 293


View Profile
December 04, 2017, 05:13:06 PM
 #6763

In my modest opinion, it is due to the incoming hardfork at block 135000 (in about 2-3 days):

- The hardfork news are giving a lot of visibility to Sia. Unfortunately most of the traders that move the markets do not read accurate sources of information and believed for several months the project was dying (totally false, the development has not stopped at any time and we had very good news in the last months). So more exposure in the social media lead to people read about Sia.

- A lot of traders have the miss-conception that the hardfork will drive to the creation of 2 coins in a similar was as Bitcoin Cash fork, so they are buying SC ahead of the fork. This is totally incorrect and people need to understand that this hardork will not create two coins: It is network upgrade that will make old client versions incompatible with the new rules of the blockchain. All users, miners and exchanges are going to use the new blockchain rules, and so the legacy chain will be abandoned. The Siacoin we will all use is the new one, and the legacy Siacoin will not be listed on any exchange, as no miners will mine for it, no users will use it.

Thanks for the Clarification.
Is there a expected date for the hard fork ?

It will be at block 135000 and we are currently at block 134679 (you can check the current block at https://www.siastats.info/index.html). Block time average is 10 minutes, so the hardfork is expected in 53 hours

So for a newbie here, Do we need to do anything with our Siacoin? Or just continue to hold?

If you are holding your coins in the official client, just be sure you are using the version 1.3.0. If it is an earlier version, just update. If not, you'll simply will not be able to see updated balances on your wallet, as you will not accept new blocks. However you'll always control your funds as long as you keep your recovery seed, so you can update at any moment in the future to send those coins anywhere else.

If you are holding on a exchange, it is safe to assume all the big ones are running an updated version of Sia, so they will keep operating normally (the compatible version was released 6 months ago!). However, as you probably know, holding your funds long-term on an exchange is a horrible idea as you don't control the keys of your coins, and so the exchanges can crash, can be hacked, can run away with your money, and you'll lose everything. For any coin you have, the safest place is always the official client (or a hardware wallet if the coins has one available, not the case of Sia), so you'll always control the keys that give access to the funds.

I have heard that sia is planning to launch its own campaign, what about the original concept, i mean the cloud storage services should be developed and be a success before launching a new project.
As far as we are aware, the developing company (Nebulous) does not have any other project they are preparing. Nebulous also owns a subsidiary called Obelisk that is developing ASIC miners, but the team behind it is different from the team developing SIa (with the exception of the CEO and the PR)

good responses as always Hakkane. plenty of details!
I have my SIA on Bittrex so I will continue to hold there
although I will be updating the SIAwallet and move the
tokens there.

Great to hear also that development is moving along
contrary to what has been said before on this thread
when the $ value was shrinking.

SIA is still here.
DroidR17A
Full Member
***
Offline Offline

Activity: 336
Merit: 101



View Profile
December 04, 2017, 05:19:33 PM
 #6764

Sia is just getting warmed up. Once the new features start rolling out, we should see the interest spike back up. Glad to see the FUD has died down on this thread  Cheesy

https://PlasticBanQ.com is building the world’s first true 360-degree Reverse Logistics platform for Plastics Recycling, leveraging blockchain and our native cryptocurrency. Sign-up for Bounty Campaigns, Beta Test Program and Early Adopter status. https://bit.ly/2PfHzK3
Bitcointalk Pre-Ann Thread: https://bit.ly/2qv5ExU
Rickirs
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
December 04, 2017, 05:27:53 PM
 #6765

In my modest opinion, it is due to the incoming hardfork at block 135000 (in about 2-3 days):

- The hardfork news are giving a lot of visibility to Sia. Unfortunately most of the traders that move the markets do not read accurate sources of information and believed for several months the project was dying (totally false, the development has not stopped at any time and we had very good news in the last months). So more exposure in the social media lead to people read about Sia.

- A lot of traders have the miss-conception that the hardfork will drive to the creation of 2 coins in a similar was as Bitcoin Cash fork, so they are buying SC ahead of the fork. This is totally incorrect and people need to understand that this hardork will not create two coins: It is network upgrade that will make old client versions incompatible with the new rules of the blockchain. All users, miners and exchanges are going to use the new blockchain rules, and so the legacy chain will be abandoned. The Siacoin we will all use is the new one, and the legacy Siacoin will not be listed on any exchange, as no miners will mine for it, no users will use it.

Thanks for the Clarification.
Is there a expected date for the hard fork ?

It will be at block 135000 and we are currently at block 134679 (you can check the current block at https://www.siastats.info/index.html). Block time average is 10 minutes, so the hardfork is expected in 53 hours

So for a newbie here, Do we need to do anything with our Siacoin? Or just continue to hold?

If you are holding your coins in the official client, just be sure you are using the version 1.3.0. If it is an earlier version, just update. If not, you'll simply will not be able to see updated balances on your wallet, as you will not accept new blocks. However you'll always control your funds as long as you keep your recovery seed, so you can update at any moment in the future to send those coins anywhere else.

If you are holding on a exchange, it is safe to assume all the big ones are running an updated version of Sia, so they will keep operating normally (the compatible version was released 6 months ago!). However, as you probably know, holding your funds long-term on an exchange is a horrible idea as you don't control the keys of your coins, and so the exchanges can crash, can be hacked, can run away with your money, and you'll lose everything. For any coin you have, the safest place is always the official client (or a hardware wallet if the coins has one available, not the case of Sia), so you'll always control the keys that give access to the funds.

I have heard that sia is planning to launch its own campaign, what about the original concept, i mean the cloud storage services should be developed and be a success before launching a new project.
As far as we are aware, the developing company (Nebulous) does not have any other project they are preparing. Nebulous also owns a subsidiary called Obelisk that is developing ASIC miners, but the team behind it is different from the team developing SIa (with the exception of the CEO and the PR)

Thank you for your response. I am currently holding on an exchange, but I will take your advise and move to the client.

Thats quite informative, glad to see your insight in simple and precise way Smiley
gembitz
Sr. Member
****
Offline Offline

Activity: 1092
Merit: 356


*Brute force will solve any Bitcoin problem*


View Profile
December 04, 2017, 05:28:04 PM
 #6766

Hello everyone, I'm new, tell me about the platform?

Check the wiki: https://siawiki.tech/index

A good article to start is: https://siawiki.tech/about/introduction_to_sia

and do you encrypting, guyz?

All the data uploaded to the Sia network is encrypted by the TwoFish algorithm, considered one of the safest available.



is this actually the siacoin we have been lookng for? :\ i'm hyper<<<

https://poloniex.com/exchange#btc_sc

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
ju34400
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 511


Farming shitcoin as Charles was farming wheat


View Profile
December 04, 2017, 06:27:18 PM
 #6767

In my modest opinion, it is due to the incoming hardfork at block 135000 (in about 2-3 days):

- The hardfork news are giving a lot of visibility to Sia. Unfortunately most of the traders that move the markets do not read accurate sources of information and believed for several months the project was dying (totally false, the development has not stopped at any time and we had very good news in the last months). So more exposure in the social media lead to people read about Sia.

- A lot of traders have the miss-conception that the hardfork will drive to the creation of 2 coins in a similar was as Bitcoin Cash fork, so they are buying SC ahead of the fork. This is totally incorrect and people need to understand that this hardork will not create two coins: It is network upgrade that will make old client versions incompatible with the new rules of the blockchain. All users, miners and exchanges are going to use the new blockchain rules, and so the legacy chain will be abandoned. The Siacoin we will all use is the new one, and the legacy Siacoin will not be listed on any exchange, as no miners will mine for it, no users will use it.

Thanks for the Clarification.
Is there a expected date for the hard fork ?

It will be at block 135000 and we are currently at block 134679 (you can check the current block at https://www.siastats.info/index.html). Block time average is 10 minutes, so the hardfork is expected in 53 hours

So for a newbie here, Do we need to do anything with our Siacoin? Or just continue to hold?

If you are holding your coins in the official client, just be sure you are using the version 1.3.0. If it is an earlier version, just update. If not, you'll simply will not be able to see updated balances on your wallet, as you will not accept new blocks. However you'll always control your funds as long as you keep your recovery seed, so you can update at any moment in the future to send those coins anywhere else.

If you are holding on a exchange, it is safe to assume all the big ones are running an updated version of Sia, so they will keep operating normally (the compatible version was released 6 months ago!). However, as you probably know, holding your funds long-term on an exchange is a horrible idea as you don't control the keys of your coins, and so the exchanges can crash, can be hacked, can run away with your money, and you'll lose everything. For any coin you have, the safest place is always the official client (or a hardware wallet if the coins has one available, not the case of Sia), so you'll always control the keys that give access to the funds.

I have heard that sia is planning to launch its own campaign, what about the original concept, i mean the cloud storage services should be developed and be a success before launching a new project.
As far as we are aware, the developing company (Nebulous) does not have any other project they are preparing. Nebulous also owns a subsidiary called Obelisk that is developing ASIC miners, but the team behind it is different from the team developing SIa (with the exception of the CEO and the PR)

Thank you for your response. I am currently holding on an exchange, but I will take your advise and move to the client.

off course it's the safest way but this wallet is a Chinese puzzle for me, plus it takes a lot of space and put weeks to syncronize
gembitz
Sr. Member
****
Offline Offline

Activity: 1092
Merit: 356


*Brute force will solve any Bitcoin problem*


View Profile
December 04, 2017, 06:48:49 PM
 #6768

In my modest opinion, it is due to the incoming hardfork at block 135000 (in about 2-3 days):

- The hardfork news are giving a lot of visibility to Sia. Unfortunately most of the traders that move the markets do not read accurate sources of information and believed for several months the project was dying (totally false, the development has not stopped at any time and we had very good news in the last months). So more exposure in the social media lead to people read about Sia.

- A lot of traders have the miss-conception that the hardfork will drive to the creation of 2 coins in a similar was as Bitcoin Cash fork, so they are buying SC ahead of the fork. This is totally incorrect and people need to understand that this hardork will not create two coins: It is network upgrade that will make old client versions incompatible with the new rules of the blockchain. All users, miners and exchanges are going to use the new blockchain rules, and so the legacy chain will be abandoned. The Siacoin we will all use is the new one, and the legacy Siacoin will not be listed on any exchange, as no miners will mine for it, no users will use it.

Thanks for the Clarification.
Is there a expected date for the hard fork ?

It will be at block 135000 and we are currently at block 134679 (you can check the current block at https://www.siastats.info/index.html). Block time average is 10 minutes, so the hardfork is expected in 53 hours

So for a newbie here, Do we need to do anything with our Siacoin? Or just continue to hold?

If you are holding your coins in the official client, just be sure you are using the version 1.3.0. If it is an earlier version, just update. If not, you'll simply will not be able to see updated balances on your wallet, as you will not accept new blocks. However you'll always control your funds as long as you keep your recovery seed, so you can update at any moment in the future to send those coins anywhere else.

If you are holding on a exchange, it is safe to assume all the big ones are running an updated version of Sia, so they will keep operating normally (the compatible version was released 6 months ago!). However, as you probably know, holding your funds long-term on an exchange is a horrible idea as you don't control the keys of your coins, and so the exchanges can crash, can be hacked, can run away with your money, and you'll lose everything. For any coin you have, the safest place is always the official client (or a hardware wallet if the coins has one available, not the case of Sia), so you'll always control the keys that give access to the funds.

I have heard that sia is planning to launch its own campaign, what about the original concept, i mean the cloud storage services should be developed and be a success before launching a new project.
As far as we are aware, the developing company (Nebulous) does not have any other project they are preparing. Nebulous also owns a subsidiary called Obelisk that is developing ASIC miners, but the team behind it is different from the team developing SIa (with the exception of the CEO and the PR)

Thank you for your response. I am currently holding on an exchange, but I will take your advise and move to the client.

off course it's the safest way but this wallet is a Chinese puzzle for me, plus it takes a lot of space and put weeks to syncronize


SIAcoin maybe 1000+ when the new asics come online Wink weeee


https://poloniex.com/exchange#btc_sc

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
CORNEL
Sr. Member
****
Offline Offline

Activity: 938
Merit: 253


View Profile
December 04, 2017, 06:53:22 PM
 #6769

Wow, sia went to .0094€ . It s always been .006€ or less . Is there any reason for this spike and should we sell now or will it rise higher?

Don't listen others much hard to tell about this spike what is going to happen in future. If you think you have chance to make profitable exit than it depend on you but I will keep hold my bag for long term.
alexandreodw
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
December 04, 2017, 08:19:19 PM
 #6770

Hello,
I've been a while without tracking the coin, I only have two doubts.
1) Will a new coin be posted on this hardfork (if so, which one)?
2) About Hardfork if I have coins in Bittrex can I get the other currency?
Haddem
Member
**
Offline Offline

Activity: 92
Merit: 10


View Profile
December 04, 2017, 08:42:23 PM
 #6771

Hello,
I've been a while without tracking the coin, I only have two doubts.
1) Will a new coin be posted on this hardfork (if so, which one)?
2) About Hardfork if I have coins in Bittrex can I get the other currency?

Hi,

No it's just an update to the network.
so no need for another currency
alexandreodw
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
December 04, 2017, 08:52:49 PM
 #6772

Hello,
I've been a while without tracking the coin, I only have two doubts.
1) Will a new coin be posted on this hardfork (if so, which one)?
2) About Hardfork if I have coins in Bittrex can I get the other currency?

Hi,

No it's just an update to the network.
so no need for another currency


Hello,
OK thank you!

Siacoin has made a good profit in the last few days, I hope that it will continue like this.  Grin
Haddem
Member
**
Offline Offline

Activity: 92
Merit: 10


View Profile
December 04, 2017, 08:53:40 PM
 #6773

Next stop: 125 satoshi's if you ask me
Hakkane
Sr. Member
****
Offline Offline

Activity: 422
Merit: 270



View Profile
December 04, 2017, 08:56:43 PM
 #6774

Hello,
I've been a while without tracking the coin, I only have two doubts.
1) Will a new coin be posted on this hardfork (if so, which one)?
2) About Hardfork if I have coins in Bittrex can I get the other currency?

This is a miss-conception probably due to the recent cases of Bitcoin forks aimed to create new coins (Bitcoin Cash, Gold and so).

A hardfork is just a change in the very deep rules that govern a blockchain (called the consensus set of rules) that makes old versions of the clients to become incompatible with the new mined blocks. In this case, Sia is changing the algorithm that adjusts the mining Difficulty. The new version was introduced 6 months ago, and in that version this hardfork at block 135000 was already programmed.

If a hardfork becomes contentious, and so one part of the community accepts the new rules but not the other, 2 coins emerge from the hardfork (as with Bitcoin forks)

In the case of this fork of Sia, all the community is accepting the change. Almost all the hosts are using version 1.3.0 (the compatible version), all the exchanges, all the mining pools... This hardfork is being accepted by all the parts, and so there will be no creation of a new coin. After block 135000 all the coins in circulation, mined or in exchanges will be part of the upgraded blockchain. The legacy blockchain, together with the old version of Siacoins, will be abandoned, as no one is supporting the legacy coin.

In summary, the legacy coin is going to disappear, and your exchange will issue you the same amount of coins you had in the new coin. Of course, the name of the coin will remain as "Siacoin"

Do you need more info? Check the official post about the fork: https://blog.sia.tech/reminder-upcoming-sia-hardfork-e0ffcde9ebcc
phantailaptopbl
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile WWW
December 05, 2017, 03:53:05 AM
 #6775

SIA will update hardfork at block 135,000 tomorrow 6/12/2017, buy now and sell it at 200 sts
https://blog.sia.tech/reminder-upcoming-sia-hardfork-e0ffcde9ebcc

szafa
Hero Member
*****
Offline Offline

Activity: 812
Merit: 500


View Profile
December 05, 2017, 06:49:23 AM
 #6776

I have 5 k sia is the enough to share my hdd?
hah
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
December 05, 2017, 08:34:38 AM
 #6777

Why is going down?




More coins are being mined everyday which leads to inflation. When supply exceeds demand price goes down.

HammadAli
Jr. Member
*
Offline Offline

Activity: 80
Merit: 6


View Profile
December 05, 2017, 08:36:13 AM
 #6778

Why is going down?




More coins are being mined everyday which leads to inflation. When supply exceeds demand price goes down.

Any News about Sia? Will it go up?
gawlea
Hero Member
*****
Offline Offline

Activity: 756
Merit: 579



View Profile
December 05, 2017, 08:37:54 AM
 #6779

SIA will update hardfork at block 135,000 tomorrow 6/12/2017, buy now and sell it at 200 sts
https://blog.sia.tech/reminder-upcoming-sia-hardfork-e0ffcde9ebcc

This could happen, I mean to reach 200 sats but not soon after the fork. The problem i see with SIA is that the total supply has no cap and this is scaring some off the investors. Also the circulating supply is too big in my opinion. Maybe in the future this two things will be fixed.
HammadAli
Jr. Member
*
Offline Offline

Activity: 80
Merit: 6


View Profile
December 05, 2017, 08:42:37 AM
 #6780

Can it be profitable for short term trades? I mean 2-3 days trade.
Pages: « 1 ... 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 [339] 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 ... 487 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!