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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1382205 times)
alexandreodw
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December 04, 2017, 08:19:19 PM
 #6741

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
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December 04, 2017, 08:42:23 PM
 #6742

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
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December 04, 2017, 08:52:49 PM
 #6743

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
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December 04, 2017, 08:53:40 PM
 #6744

Next stop: 125 satoshi's if you ask me
Hakkane
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December 04, 2017, 08:56:43 PM
 #6745

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
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December 05, 2017, 03:53:05 AM
 #6746

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

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szafa
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December 05, 2017, 06:49:23 AM
 #6747

I have 5 k sia is the enough to share my hdd?
hah
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December 05, 2017, 08:34:38 AM
 #6748

Why is going down?




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

HammadAli
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December 05, 2017, 08:36:13 AM
 #6749

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
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December 05, 2017, 08:37:54 AM
 #6750

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
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December 05, 2017, 08:42:37 AM
 #6751

Can it be profitable for short term trades? I mean 2-3 days trade.
dss1986
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December 05, 2017, 09:21:46 AM
 #6752

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.
The upcoming fork is really good news for Sia's community, particulary for Sia's miners. The fork is very important for the promised ASICs.

After fork, when ASIC come into circulation, the price of SC will skyrocket? do you think, or will reverse the principle, because there will be a lot of coins?
Lex6088
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December 05, 2017, 09:49:53 AM
 #6753

Attention!!! Appeal to all newcomers! Do not sell SC (Sia)! This is just a correction! Very soon there will be a big explosion! My advice for those who have not yet had time to buy SC. Urgently buy!
Phob0s
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December 05, 2017, 09:53:22 AM
 #6754

Sia has 91% developer rating (86% a week ago) on coingecko, 3rd place, just a little bit below ETH and BTC, and it's at 0.009$ that's insane when next competitor is 468$ and next 11.932$. To my experience coins with that rating don't stay low for too long. Where is active developers there is investors, where is investors there is money.
Phob0s
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December 05, 2017, 10:01:45 AM
Last edit: December 05, 2017, 10:20:27 AM by Phob0s
 #6755

After fork, when ASIC come into circulation, the price of SC will skyrocket? do you think, or will reverse the principle, because there will be a lot of coins?
There is nowhere to drop anymore, sky is the limit now.

Quote
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.
Sad experience for caped supply coins is that they are just pump and dump coins, people don't spend them anywhere they only manipulate them. And loose supply coins are the real crypto money that you can pay for something, in case of sia for file storage.
Lex6088
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December 05, 2017, 10:59:35 AM
Last edit: December 05, 2017, 01:36:41 PM by Lex6088
 #6756

Attention!!! Appeal to all newcomers! Do not sell SC (Sia)! This is just a correction!
Sia has 91% developer rating on coingecko!!!  In front of SC only: Bitcoin – 98.15%, ETH – 93.66%. All the others are much lower !!! For example: Litecoin – 73%, BCN - 54% The flight passes normally. Everything is within the norm. Do not panic and keep SC and better buy more!
mathematical-project
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December 05, 2017, 11:09:19 AM
 #6757

Attention!!! Appeal to all newcomers! Do not sell SC (Sia)! This is just a correction!
Sia has 91% developer rating on coingecko!!!  In front of SC only: Bitcoin – 98.15%, ETH – 93.66%,  All the others are much lower !!! The flight passes normally. Everything is within the norm. Do not panic and keep SC and better buy more!


And who is panicking? We believe in this coin and in the developers. I am confident that this project will be one of the most successful. Beginners should trust more projects like this

lobeznosp3
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December 05, 2017, 11:28:24 AM
 #6758

Hi everybody!!!

Here you can find some FAQ about the hardfork which is expected to take the next 6th of December!!!

https://blog.sia.tech/reminder-upcoming-sia-hardfork-e0ffcde9ebcc

ronaldopazzi7
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December 05, 2017, 11:39:23 AM
 #6759

I invested a little in the ico process. I still have not sold it. I do not intend to sell it for a few more years. this project has gained and will continue to earn. Smiley
Lex6088
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December 05, 2017, 12:32:34 PM
 #6760

Attention!!! Appeal to all newcomers! Do not sell SC (Sia)! This is just a correction!
Sia has 91% developer rating on coingecko!!!  In front of SC only: Bitcoin – 98.15%, ETH – 93.66%,  All the others are much lower !!! The flight passes normally. Everything is within the norm. Do not panic and keep SC and better buy more!


And who is panicking? We believe in this coin and in the developers. I am confident that this project will be one of the most successful. Beginners should trust more projects like this

I wrote this for those who know little about the trade.
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