[ANN] Sia - Decentralized Storage

[Mercurius777]

I know! Who is making this pump and what is the news? This is surprising because it came from nothing. A little more information from the community will be helpful.

Sia Tech received $750K funding!
http://sia.tech/funding2016

[adamvp]

Does anyone in here use Sia as storage service? Is it work properly?

[neo666]

Does anyone in here use Sia as storage service? Is it work properly?

my question also =)

[usamamalik555]

why dev did not informed on twitter 

[modernbuddha]

I think they are working on an announcement in a few hours. I was reading their Slack channel and they said it will come soon, but we all found their news too fast

Also, it looks like their community guy posted on Reddit already....

https://www.reddit.com/r/siacoin/comments/51ks2i/sia_raises_750k_to_further_blockchainpowered/

[DreamSpace]

wow really great news here.

[durerus]

I am selling siafunds. PM please.

[msin]

I am selling siafunds. PM please.

Do Siafunds appear in the latest wallet? I have some but still have never been able to access them in the GUI.

[pufuletz]

I think they are working on an announcement in a few hours. I was reading their Slack channel and they said it will come soon, but we all found their news too fast

Also, it looks like their community guy posted on Reddit already....

https://www.reddit.com/r/siacoin/comments/51ks2i/sia_raises_750k_to_further_blockchainpowered/

This for real? Any independent confirmation? Sort of thing Coindesk will eventually report if it's true.

[q327K091]

wow, guys huge buy orders lined up in 100's of BTC range, I wont have time.. this will spike like no tomorrow... this is big

checking my balance, but even 100K (believe I have several 100's K) will be a lot,,, congrats to all

every time venture capital comes in it gives legitimacy to crypto in general.. very important.. congrats again...

yep, close to 500K ,,, also rise will storjx and burst , in general storage on the blockchain related

[Ayers]

Great market moves 

i think this is just a pump and dump, like it was for decred when it went again for one day to 400k satoshi lol, then again dumped hard, the same is happening here

[q327K091]

Great market moves  

i think this is just a pump and dump, like it was for decred when it went again for one day to 400k satoshi lol, then again dumped hard, the same is happening here

not if it is confirmed ... but I do understand your sentiment.. just the other day I rode on p@d wave... I feel though and I am not the only one that blockchain + storage = makes sense, regardless of what is now happening

I do like lbry for a different reason and also makes sense long term as content management on the blockchain.. its all good ,do not get cheated by the market ... long term all solid

decred  dont know much about but this is sia forum, we should all be migrating, and many are, to slack..  

volume increasing.. with VC (Venture Capital) if real you wont be able to sell and re-purchase unfortunately...

I almost sold some % of emer to buy sia.. but as said if it is real even 100K will be a lot..  have a great one, again be careful how you think and trade

[Golftech]

so there's a news thats why the price went up so fast i'm just happy to have it while the price still @ 71 sat, will hold more i believe
price will go up more not a pnd coin so expect bigger things to happen.

[modernbuddha]

Sia Team made the official Tweet a few hours ago - in case you missed it: https://twitter.com/SiaTechHQ/status/773538568778215424

[q327K091]

Sia Team made the official Tweet a few hours ago - in case you missed it: https://twitter.com/SiaTechHQ/status/773538568778215424

has to be other source

[q327K091]

regardless bought 2 x sia holdings immediate (is all I can risk at the moment) I am risking on the confirmation if legit we are going sky high

also withdrawing immediate from poloniex I trust you less so exchange ... till the next time

[pufuletz]

between miners and fiat investors, just how diluted and subject to miner (and other) dumps is this coin?

There doesnt seem to be much buy support - under ...057 there's nothing really.

[tempestb]

between miners and fiat investors, just how diluted and subject to miner (and other) dumps is this coin?

There doesnt seem to be much buy support - under ...057 there's nothing really.

  Miner dumps are frequent but the coin isn't really worth much regardless.  Development on the project continues but is slow.  Not sure how funding will really impact that.  I doubt it will change anything in the short term.  Most updates are months or more away.  The current offering, especially the GUI, leaves a lot to be desired and is not ready for commercial use.  But it continues to be developed. 

More than likely the coin value will settle somewhere in the 50 satoshi range for awhile, until positive production news emerges that makes the client useful. (Months or more) At which point, we might see adoption of the tool and a desire by third parties to purchase coins for storage use.   But right now, it's a pump and dump coin.  Ride the wave...

[cryptospreader]

between miners and fiat investors, just how diluted and subject to miner (and other) dumps is this coin?

There doesnt seem to be much buy support - under ...057 there's nothing really.

  Miner dumps are frequent but the coin isn't really worth much regardless.  Development on the project continues but is slow.  Not sure how funding will really impact that.  I doubt it will change anything in the short term.  Most updates are months or more away.  The current offering, especially the GUI, leaves a lot to be desired and is not ready for commercial use.  But it continues to be developed. 

More than likely the coin value will settle somewhere in the 50 satoshi range for awhile, until positive production news emerges that makes the client useful. (Months or more) At which point, we might see adoption of the tool and a desire by third parties to purchase coins for storage use.   But right now, it's a pump and dump coin.  Ride the wave...

At this time, 50 satoshi is huge for sia. However, this is one of the profitable coin for holders who acquired them at the very early stage. There are news about venture funding in sia blockchain.

[pufuletz]

between miners and fiat investors, just how diluted and subject to miner (and other) dumps is this coin?

There doesnt seem to be much buy support - under ...057 there's nothing really.

  Miner dumps are frequent but the coin isn't really worth much regardless.  Development on the project continues but is slow.  Not sure how funding will really impact that.  I doubt it will change anything in the short term.  Most updates are months or more away.  The current offering, especially the GUI, leaves a lot to be desired and is not ready for commercial use.  But it continues to be developed. 

More than likely the coin value will settle somewhere in the 50 satoshi range for awhile, until positive production news emerges that makes the client useful. (Months or more) At which point, we might see adoption of the tool and a desire by third parties to purchase coins for storage use.   But right now, it's a pump and dump coin.  Ride the wave...

This was a top performing coin with good consistency for a while - seems to be the mining changes that changed things. Price started struggling, then collapsing, when all these posts about mining started popping up on this thread.