[ANN] Sia - Decentralized Storage

[rattle99]

Did we have a planned pump today?

[Hakkane]

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.

[seek4dream]

The Sia pump happened today is really impressive. It is like that of Nxt which had been pumped hard for two weeks.
Is there some particular reason for this pump?

[cryqtovn83]

Sia would be good when they should release their products and keep it working well in 2018
Price very good for long term now

[Hakkane]

The Sia pump happened today is really impressive. It is like that of Nxt which had been pumped hard for two weeks.
Is there some particular reason for this pump?

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.

[bgblevins]

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

[TraderInc]

Sia has taken off recently.
Were any new exchanges added recently ?
This was quiet surprising

[TraderInc]

The Sia pump happened today is really impressive. It is like that of Nxt which had been pumped hard for two weeks.
Is there some particular reason for this pump?

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 ?

[seek4dream]

The Sia pump happened today is really impressive. It is like that of Nxt which had been pumped hard for two weeks.
Is there some particular reason for this pump?

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 this explanation. It helped a lot.
So basically Sia was much undervalued in the past months, so when people found they are totally wrong, correction happens.
I hope I knew this earlier.

[bigcash2011]

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.

[Hakkane]

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)

[Mefestofel_Mefis]

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?

[bgblevins]

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]

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]

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 

[Rickirs]

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

[gembitz]

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

[ju34400]

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]

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 weeee


https://poloniex.com/exchange#btc_sc

[CORNEL]

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.