BTCat
Legendary
 Offline
Activity: 1960
Merit: 1010
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May 24, 2017, 09:25:21 AM |
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what is best way to buy siacoin?
Send btc to poloniex or bittrex, then find Siacoin (SC). Wait for a good price and buy them. Then send to your preferred wallet. I think price is gonna breakout soon and grow towards 2000 - 3000 sat.  |
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marketone
Legendary
Offline
Activity: 1302
Merit: 1000
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May 24, 2017, 09:38:48 AM |
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what is best way to buy siacoin?
Send btc to poloniex or bittrex, then find Siacoin (SC). Wait for a good price and buy them. Then send to your preferred wallet. I think price is gonna breakout soon and grow towards 2000 - 3000 sat. Yes, many people are waiting for this price breakout, but it will take some time to get stable in the market because now the value of Sia is very low. But for the investors this the right time to buy Sia in the market because the value of Sia will grow fastly. |
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AlteregoX
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May 24, 2017, 10:17:49 AM |
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Guys sorry if it's a stupid question, but i downloaded latest Sia-UI and i still don't see my coins
Is it normal? I thought 1.2.2 would fix the issue
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aoluain
Legendary
Offline
Activity: 2240
Merit: 1250
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May 24, 2017, 11:32:20 AM |
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Well while I prefer Sia over Maidsafe and Storj,
I didnt know that they needed centralisation
Can you elaborate on what you know?
As I probably mentioned above I like Sia's commitment
to offering a consistent storage solution with rewards and penalties.
In Storj, hosts receive payments manually from the developers. There is not an smart contract behind that guarantees the payment. If Storj devs disappear tomorrow, so will the who;e network. Sia is designed to be 100% decentralized: devs can vanish tomorrow and the network will keep working flawlessly forever. We can even kick them and fork the client, and they would not have any control over it. Also, as far as I know, not the whole code is open source in Storj. I can't speak about Maidsafe as I don't know enough about the project to speak with certainty. Ah right, yes that makes sense and obviously something for consideration going forward for anyone making a comparision. |
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denam
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May 24, 2017, 11:57:03 AM |
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Volume for last 24 hours is crazy since it is available for trading at Bittrex. Why we don't see any increase in value so far in spite of so much trading. This is one of my friends asked me I told him it is currently going through accumulation once new positions are taken the value will sky rocket without letting any chance for undecided folks.
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abbaw
Newbie
Offline
Activity: 33
Merit: 0
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May 24, 2017, 12:06:06 PM |
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When is the coin pump? The price will reach how much?
if we knew that, we can all be Billionaries. but good Q.  |
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MrSunshine
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May 24, 2017, 12:31:59 PM |
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Volume for last 24 hours is crazy since it is available for trading at Bittrex. Why we don't see any increase in value so far in spite of so much trading. This is one of my friends asked me I told him it is currently going through accumulation once new positions are taken the value will sky rocket without letting any chance for undecided folks.
Well poloniex has been having siacoin wallet problems, so this doesn't help. |
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Hakkane
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May 24, 2017, 01:04:34 PM |
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Guys sorry if it's a stupid question, but i downloaded latest Sia-UI and i still don't see my coins
Is it normal? I thought 1.2.2 would fix the issue
Pleas give some details so we can help you! When did you send your coins to your address? - Are them from a very old wallet like version 0.3? Then go to the terminal and type "siac wallet load 033x <path of the wallet>" - Recently, from Poloniex? There are experiencing huge problems with withdrawals. Open a ticket with them |
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nathalie20
Legendary
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Activity: 952
Merit: 1001
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May 24, 2017, 01:18:40 PM |
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What is the average cost of renting one tb? Does it count in siacoin yes?
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OMGimbroke
Newbie
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Activity: 23
Merit: 0
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May 24, 2017, 02:26:09 PM |
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What is the average cost of renting one tb? Does it count in siacoin yes?
Yes, I'm only finding outdated info on this.. :/ |
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Hakkane
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May 24, 2017, 02:27:54 PM |
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What is the average cost of renting one tb? Does it count in siacoin yes?
Yes, renting is paid in SC. Right now, the average is 4,76USD/Tb/Month, according to http://siapulse.com/page/network It is a bit more overpriced than usual, as some hosts have not updated yet their pricing after recently pump in SC value. But it is still much cheaper than Amazon S3, for example (23USD/Tb/month) |
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nathalie20
Legendary
Offline
Activity: 952
Merit: 1001
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May 24, 2017, 02:42:47 PM |
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What is the average cost of renting one tb? Does it count in siacoin yes?
Yes, renting is paid in SC. Right now, the average is 4,76USD/Tb/Month, according to http://siapulse.com/page/network It is a bit more overpriced than usual, as some hosts have not updated yet their pricing after recently pump in SC value. But it is still much cheaper than Amazon S3, for example (23USD/Tb/month) Can I put my TB to the network? And will I earn Siacoin? If so how to do it? thank you for your reply |
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zmija
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May 24, 2017, 02:56:58 PM |
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Hi does anybody else have problem with depost? I've transfered coins from trex to polo and it has been 24h and coins are still pending on polo, waiting 0 of 9 confirmations? thx
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ctenc001
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May 24, 2017, 03:04:30 PM |
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Can you actively store files on Sia yet? If not, is their an eta for their initial cloud storage release?
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CryptoCalum
Newbie
Offline
Activity: 8
Merit: 0
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May 24, 2017, 03:37:18 PM |
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While your file is stored within a contract on sia, is the file still available for download and usage/editing by yourself? In the same way I might email myself a document so I can continue working on them from home, or some people use Dropbox for this same purpose.
I'm not sure how this could be possible (everytime you edit the file it would surely change the file and its size, thus making your contract invalid). If it isn't possible then that would make sia more like a bank savings account for your files, where you can't touch them for a particular period of time but they are indeed kept safe.
I obviously know nothing so any explanation is appreciated
Cheers,
Calum
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Hakkane
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May 24, 2017, 03:54:44 PM |
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Can I put my TB to the network? And will I earn Siacoin? If so how to do it?
thank you for your reply
Absolutely! Yes, you earn SC with that, it is called hosting (or "farming" in Sia jargon). Just download the last Sia client, wait until the blockchain is synchronized, go to the Hosting tab, choose your parameters (pricing, drives, collateral) and click on "Announce host". Just be sure to have some SC on your wallet to offer as a collateral (minimum 2000SC unless you use the command line instead of the UI) Can you actively store files on Sia yet? If not, is their an eta for their initial cloud storage release?
Storing files have been enabled since Day 1. File sharing is what is yet to be implemented (probably by June) While your file is stored within a contract on sia, is the file still available for download and usage/editing by yourself? In the same way I might email myself a document so I can continue working on them from home, or some people use Dropbox for this same purpose.
I'm not sure how this could be possible (everytime you edit the file it would surely change the file and its size, thus making your contract invalid). If it isn't possible then that would make sia more like a bank savings account for your files, where you can't touch them for a particular period of time but they are indeed kept safe.
I obviously know nothing so any explanation is appreciated
Cheers,
Calum
Right now, Sia is better as a long-term storage, because if you modify a file, the whole file will need to be uploaded again instead of just the modified bytes. Perfect case-use scenario: backups storing. However, partial file upload is in the roadmap (I think they will release it by June too) what will enable that feature you mention: you modify a part of the file and only that parts are uploaded, saving bandwith and costs in SC for the renter. Moreover, an independent developer is preparing a tool called Sia Drive, a kind of Dropbox/Onedrive: You choose a folder and every time you save a new file or modify it is uploaded to Sia automatically. Hi does anybody else have problem with depost? I've transfered coins from trex to polo and it has been 24h and coins are still pending on polo, waiting 0 of 9 confirmations? thx
Poloniex is experiencing several problems with Sia wallet these days. First check in explore.sia.tech the Tx ID the withdrawal is in the blockchain and then open a ticket in Poloniex |
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nathalie20
Legendary
Offline
Activity: 952
Merit: 1001
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May 24, 2017, 04:51:46 PM |
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Can I put my TB to the network? And will I earn Siacoin? If so how to do it?
thank you for your reply
Absolutely! Yes, you earn SC with that, it is called hosting (or "farming" in Sia jargon). Just download the last Sia client, wait until the blockchain is synchronized, go to the Hosting tab, choose your parameters (pricing, drives, collateral) and click on "Announce host". Just be sure to have some SC on your wallet to offer as a collateral (minimum 2000SC unless you use the command line instead of the UI) Host activation price - 2000 siacoin. Can i turn off the host? Do these 2000 sc come back? |
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MrSunshine
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May 24, 2017, 05:32:18 PM |
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Host activation price - 2000 siacoin.
Can i turn off the host? Do these 2000 sc come back?
Yes, but you must follow some rules, so SIA knows you are a good host. Hosts get rated based on uptime and other things as well. |
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Angel Di
Sr. Member
Offline
Activity: 588
Merit: 251
EVOS
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May 24, 2017, 05:46:04 PM |
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Earlier coinage was so cheap, I am now very sorry that I have not bought a lot of this coin. It grows.
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Hakkane
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May 24, 2017, 08:19:25 PM |
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Host activation price - 2000 siacoin.
Can i turn off the host? Do these 2000 sc come back?
The 2000SC is the minimal collateral budget the UI asks you. If you want to offer a lot of space, you'll need more collateral, of course. When you host, you offer a collateral for every contract a renter forms with you. You choose how much, but if it is 2 or 3 times bigger than your price per Tb, you have more chances to be selected by the renter. Once the contract is formed, that collateral stays locked. If during the time of the contract you keep a 97% uptime (trough periodical Proofs-of-Storage), you recover the collateral and receive the payment for hosting and bandwidth. If you fail, renter recovers his payment and the collateral is burnt. Of course you can stop being a host at any moment, but the locked collateral will not be returned to you until the end of the contracts you previously had (and only if you keep the 97% uptime) |
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