[ANN] Sia - Decentralized Storage

[Dr Charles]

shit coin..

Hmm... seems like an educated statement of objection lol

[1713878018]

1713878018

[cygan]

shit coin..

Why? because you do not profit x5 / x10 within 2-3 weeks?

[abudfv2008]

I invested in SIA on June 18th when it was 0.018$, I invested 7 BTC which is worth now 1.75 BTC and I got 1M sia. I am just too disappointed in SIA that this coin has not been going up like all others even things they implemented like ASIC miners for next year, This was a utter failure on their end but once again I am a bag holder due to SIA and cannot sell unless I break even which I don't see anytime this year but u make mistakes and you learn from these mistakes. I learned it the hard way, Hope sia bring out something big or new which would increase its prices. I hoped to invest in SIA that if it ever touches 1$, I would have 1M$ in my pocket but 1$ seems impossible for this coin due to their current progress. SMH!

That was near all time highs. I was telling my friends at that time to stay away from crypto as it got to far ahead of itself with prices. It was clear to me it was in a minor bubble. Also if you calculate your losses in USD they would not be as dramatic as compared to BTC as BTC has quite a run of late. In USD terms I think SIA is about 55% off it's ATH.

Moral - don't put all eggs in one  basket.

[CryptoNine]

I purchased SC for 190 satoshi, and I think it is great cost for this coin. Furthermore, now I'm sitting tight for higher cost.

[trgnn]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

[bgibso01]

SiaCoin is slowly recovering it's price as digibyte skyrockets and increases its value in about 50% less then one week.

What do you guys think about what siacoin price is going to be in the next few days?
As a holder I expect atleast a 20% increase to the rate of 250 sat/sc , it would be great!

I believe in slow and steady price rise then unusual pump/dump..
dgb pumped then dumped.. doubt if it can hold price

[3x2]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

[trgnn]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

[3x2]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

believe me there are no real people using sia as a storage platform, all the hype is just because of speculation and why the hell you think that sia will be 1$ , do you know if sia get 1$ then the whole cap will be out of milky way, the total supply is insane for sia.
The storage has to be cheap if you want to compete Google and AWS so why the hell you think the per token price will rise when the the technology is just meant to keep the hosting cost daam'n cheap.

[cico76]

Coin supply is huge and it's inflationary

As the other 95% of cryptocoins, and that is not preventing you investing on them  

Furthermore many chinese host are selling hd space very low creating low coin value.

That is simply a lie. Only 19 out of 720 hosts are located in China (2.7%), and the amount of storage they offer is irrelevant. Hosting is mainly a western countries thing (source: https://siahub.info/network)

They should add more feature or cloak system to create anonimous transactions.

Being a coin used for paying storage contracts where files are completely encrypted, the anonymity of transactions is irrelevant. There are much more interesting features the developing team is working on:
- Improvements in scalability and reliability for renters
- Recovery of files only with the wallet's seed
- File sharing
- File streaming...


................. Next time you have to increase your post count, try either to say something more coherent or limit to speculation about the price like every other sigspammer  . Writing a random lie or incoherent stuff only misinforms other people and speaks very bad about you

Hello Hakkane.
It was not my intention to write down random lies.
And also I'm not a sigspammer as you can think.

I think Sia IS a very good project where I put lot of attention and money since beginning and I'm very disappointed regarding actual price and future. That's why I opened 3 discussion points.

1) closed. Nothing to say.
2) OK, network is mostly in europe. But my sentence is not a lie and I think it's not totally wrong.
Point is : without a low sell limit people can sell off or sell too low their free hd space. And this is something it's not possible (or I don't know how) to see with current network map.
If sia dont create a valid demand, price wil stay low.

3) Anonymity of transaction is relevant for people that share lot of hd space and want to stay anonimous... But ok other points you mentioned are more important now.

Wishing all the best to sia team. I would like to remember you tgat I come in peace... Please lower your sigspammers hate!  

[rabidri]

- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

Recently had a "coffee machine" chat if I can say so, with an engineer. Those points have really cooled him down

About the first point, @Hakkane said this few pages before :
Pixeldrain (https://pixeldrain.com/) is a service for large files sharing, currently free. The author is implementing Sia as a backend and will allow a free tier like now, and a paid tier for very large files. There are at least 2 more projects that I am aware of, but they are personal communications, so I can't disclose information, sorry.

So it might be a solution

[trgnn]

Yes, definitely, I think integration on other services, with other interface for people would bring SIA into another level. And it'll be all good

[rabidri]

Yes, definitely, I think integration on other services, with other interface for people would bring SIA into another level. And it'll be all good

Agreed ! Looks like everything is already in the pipe !

[attilafx]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

So there you have it. As I said before. The  devs failed miserably. If it was such a great coin then price would be in the thousands sats and not below 200. Like I mentioned before, charts never lie 

Now back to LTC and other coins where there is at least some positive communication regularly from the devs. God luck to the bagholders.

[Hakkane]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

How is anyone going to purchase a decentralized P2P network, a protocol? They can buy Nebulous Labs (developer team) and hire their devs, but still Sia is a decentralized network, the can't turn it off or force particular uses of it. It is the same as wondering if someone can buy Bittorrent or the whole Bitcoin protocol: they can't. They could try to buy every coin out there, good luck with that, I am not going to sell mine cheap :-)

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

As other people is stating correctly, take in mind that the target audience of Sis is not particular users or small companies, but actually large companies and storage providers. But still, small users will benefit from SIa using these big providers that will use Sia as the backend of their storage. This is: you will not "touch" directly the Sia network (and so needing to buy siacoins), instead you will use services that use Sia as their storage layer, and you'll pay them in FIAT.

In the same way, particular users and small business do not buy storage to AmazonS3, Azure or Akamai, and instead they buy storage to Dropbox, Onedrive or Apple, that actually usethe storage layer of the former companies.

[So there you have it. As I said before. The  devs failed miserably. If it was such a great coin then price would be in the thousands sats and not below 200. Like I mentioned before, charts never lie  

They might not lie (they actually do, as they just show the mood of speculators), but you are either an ignorant or just a FUD spreader that wants to buy Sia cheap. Read what I wrote previously, buddy

[trgnn]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

So there you have it. As I said before. The  devs failed miserably. If it was such a great coin then price would be in the thousands sats and not below 200. Like I mentioned before, charts never lie 

Now back to LTC and other coins where there is at least some positive communication regularly from the devs. God luck to the bagholders.

I never said our thought that and I don't understand why you're so hateful. Are you paid by somebody to ruin the thread ?

[danielmnb1]

I'm new into this whole scene and I was wondering... Is Sia can be bought ? What would happen if Google, Microsoft or Amazon buy it and maintain the service, linking it exclusively to their services ? Is it possible ?

Google, Microsoft or Amazon can buy it if Sia is successful, till now the reason of popularity is just speculation i dont see anyone using the hosting in sia network. Google, Microsoft or Amazon don't spend a penny on projects that are just based on speculation .

That's true but there is like, 0 communication on SIA. I talked about it to some people I know who might need secure cloud storage for work and they're all interested in it. There is a few things that stop them to step in :
- They're not familiar with the technology. They're used to a drag'n drop through web interface or shared folder in Windows / OSX. The whole you need Siacoin is still mysterious for a lot of people.
- They know nothing about centralized/decentralized storage. And even if they know a few... they know nothing.
- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

So there you have it. As I said before. The  devs failed miserably. If it was such a great coin then price would be in the thousands sats and not below 200. Like I mentioned before, charts never lie 

Now back to LTC and other coins where there is at least some positive communication regularly from the devs. God luck to the bagholders.

why is flamer the that crypto?

[goin2mars.]

- They have to buy Siacoins for using it. And I know it's easy, but I also know everyone isn't used to do such things. A lot of people who would use this product aren't familiar both with the tech and the whole crpyto world.
- They never heard about SIA ! This thing need to be putted in front of people who have already the need for such product. You can have the best product in the world, if nobody know about it, it'll stay in the shadow forever.

Recently had a "coffee machine" chat if I can say so, with an engineer. Those points have really cooled him down

About the first point, @Hakkane said this few pages before :
Pixeldrain (https://pixeldrain.com/) is a service for large files sharing, currently free. The author is implementing Sia as a backend and will allow a free tier like now, and a paid tier for very large files. There are at least 2 more projects that I am aware of, but they are personal communications, so I can't disclose information, sorry.

So it might be a solution

I'm glad to read that this is considered a good intermediate scaling solution, where the end user might not even know what a sia is.

[beerfinger]

Hi all, new to Siacoin here. Is there any way to keep SC in a wallet without having to download the entire 4+ Gb blockchain?

[Hakkane]

Hi all, new to Siacoin here. Is there any way to keep SC in a wallet without having to download the entire 4+ Gb blockchain?

There is a reputable group of developers preparing a Lite wallet that will not require to have locally the full blockchain, but they will need some extra weeks to release it.

Alternatively, if you just need to generate some addreses to keep funds in cold storage, you can use this tool: https://github.com/avahowell/sia-coldstorage Take in mind that for being able to expend those funds again you'll need to use the full client