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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1350179 times)
bitChipper
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May 08, 2018, 07:52:28 PM
 #8641

binance is looking to attract  more volume for more income
sia got big volume comparing to ICOs with non 100% current working projects
why they would refuse to add it ?

How do you know binance is looking for more volume and income? Do you have any idea how much they are making?!

From the Nauticus Whitepaper:
"The world’s number one exchange, as of March 2018 is Binance, which opened in July last year and is growing by 750,000 users a month. It now has 6 million users, who trade $300 each per day (on average as surveyed throughout March). This brings in revenue of $1,350,000 each day, which equates to almost half a billion in annual revenue."

Ya Sia got a working product but that doesn't mean shit in regards to whether or not they get listed, unless you know that devs are ready to pay the fee to get listed don't post fake stuff.

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May 08, 2018, 08:37:39 PM
 #8642

Well, this does not bode well, specs are down from what was thought, they will be short of chips in June, I guess their 'guess' of July 2018 was right on, with

what they expected for delays...

here is the link ..make of it what you will

https://medium.com/obelisk-blog/obelisk-update-january-may-2018-739229a930ec

As for Decred miner, if you got those, I myself would make a 'significant' bet that in the next 2 months Bitmain will release a Decred ASIC...

and Bitmain usually has less than a 6 week delivery or sooner on such things (they usually mine the first units themselves)

HOPE I'm wrong, but it is what Bitmain does, pops stuff out like toasters...

Just hope they make the July 2018 (1-year deadline) ...that, IMHO, is looking kinda iffy...

what they get for going with the chip mnfg...TSMC...they ALWAYS seem to miss ASIC chip wafer deadlines and screw up (see BFL miners 2013)

not a big fan...this being their 2nd attempt...from what I understand for an ASIC chip (thus the 1-year deadline, by Obelisk..just in case....)

anyway, hope it does not 'devolve' into a cluster with Bitmain Decred units and/or more delays

later

brad

 
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May 09, 2018, 02:08:52 AM
 #8643

I wish this happen soon that Siacoin Hardfork Announce with free new coins plus the same day binance and bitfinex announce siacoin listing into their exchanges that’s the only way siacoin will break 5000 satoshi In 1,2 days only I wish some one can forward my request or wish to siacoin team to make it possible.
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May 09, 2018, 02:59:42 PM
 #8644

I wish this happen soon that Siacoin Hardfork Announce with free new coins plus the same day binance and bitfinex announce siacoin listing into their exchanges that’s the only way siacoin will break 5000 satoshi In 1,2 days only I wish some one can forward my request or wish to siacoin team to make it possible.

It wouldn't make sense if the team made a contentious hard fork. There needs to be a part of the community that doesn't agree with the team's decisions and that is prepared to maintain a hard fork of Siacoin. The team can't make listings happen, unless maybe they pay a huge amount of money but seriously these listing fees are just becoming absurd. Even if all of this happens at once, it probably won't make Siacoin break 5k sats in a day or two.
Unfortunately the team can't make your wish come true.

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May 09, 2018, 07:40:42 PM
 #8645

Hi guys
Did you see that market space accepts sia tokens? They change them to their tokens, if im not mistaken...Sounds like an attractive offer
What do you think?
here is the link
https://bitcointalk.org/index.php?topic=2961359.msg35196138#msg35196138
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May 10, 2018, 07:50:13 AM
 #8646

so as a community member & miner, all the fork stories & doorstop stories, are they rumors only or the devs are going to implement it?

.
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May 10, 2018, 08:00:54 AM
Last edit: May 10, 2018, 09:21:44 AM by doedz
 #8647

I wish this happen soon that Siacoin Hardfork Announce with free new coins plus the same day binance and bitfinex announce siacoin listing into their exchanges that’s the only way siacoin will break 5000 satoshi In 1,2 days only I wish some one can forward my request or wish to siacoin team to make it possible.

It wouldn't make sense if the team made a contentious hard fork. There needs to be a part of the community that doesn't agree with the team's decisions and that is prepared to maintain a hard fork of Siacoin. The team can't make listings happen, unless maybe they pay a huge amount of money but seriously these listing fees are just becoming absurd. Even if all of this happens at once, it probably won't make Siacoin break 5k sats in a day or two.
Unfortunately the team can't make your wish come true.
Siacoin is coin longterm, patience is the key. So only people who are patient can get profit from this coin.
About listing in Binance it seems developers will think hard because for listing to Binance need a fee $ 500k and that does not make sense, I think that's money is better used for development of this coin.

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kaicrypzen
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May 10, 2018, 08:37:49 AM
 #8648

so as a community member & miner, all the fork stories & doorstop stories, are they rumors only or the devs are going to implement it?

The only fork discussion I'm aware of was the one that happened back when Bitmain released their miner, the team's statement was "if the network is being attacked by Bitmain then we'll soft fork". Unless I missed something, all seems okay so far. I don't know what doorstop is, I only see mentions of it in Searing's posts and some yours that reply to them, what is it? Anyway, as long as nothing is mentioned in the official communication channels, I think not much importance should be given to unbacked info. For me, such info doesn't even qualify as a rumor.

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May 10, 2018, 09:05:58 AM
 #8649

I wish this happen soon that Siacoin Hardfork Announce with free new coins plus the same day binance and bitfinex announce siacoin listing into their exchanges that’s the only way siacoin will break 5000 satoshi In 1,2 days only I wish some one can forward my request or wish to siacoin team to make it possible.

It wouldn't make sense if the team made a contentious hard fork. There needs to be a part of the community that doesn't agree with the team's decisions and that is prepared to maintain a hard fork of Siacoin. The team can't make listings happen, unless maybe they pay a huge amount of money but seriously these listing fees are just becoming absurd. Even if all of this happens at once, it probably won't make Siacoin break 5k sats in a day or two.
Unfortunately the team can't make your wish come true.
Siacoin is coin longterm, patience is the key. So only people who are patient can get profit from this coin.
About listing in Binance it seems developers will think hard because for listing to Binance need fee $ 500k and that does not make sense, I think that's money is better used for development of this coin.

Lol some people have no patience... SIA is a slow horse but a good one. One of the leading technology in blockchain right now, just have to look at the github code to see the pace of development

Of course needs more adoption, instead of Binance listing for short term pump SIA needs people using it for storage.
IMO the marketing must improve
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May 10, 2018, 01:04:32 PM
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 #8650

so as a community member & miner, all the fork stories & doorstop stories, are they rumors only or the devs are going to implement it?

There is not going to be any hardfork.

The whole story is that the Obelisk miners (manufactured by a subsidiary company of the Core developers) a few days ago revealed the preliminar tests on the units, and sadly the specs could be a 30% bellow the expected. As the mining network is already flooded by miners of 3 companies, by the time Obelisks are delivered their profitability will be very low (so all that speech about "doorstoppers")

The buyers of Obelisk are in rage and are pressing really hard the developing team to fork the mining algorithm of the network to invalidate every miner but Obeliks. Some buyers are going as far as considering the fork as inevitable or consider it a proven fact, I guess in hopes of shaping the reality by describing a different one.

... but the reality is that the Core team is not going to fork the network: they are stating every day that this is no reason to provoke a contentious fork, and that the decision of not forking is firm unless Bitmain/Antpool starts to behave destructively against Sia (something that can't currently happen as the hashrate of Antpool is <15%)
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May 10, 2018, 02:57:07 PM
 #8651


Lol, c'mon man, that tweet is over 4 months old.  It would be great if SIA were listed on Binance, but as of now, it's fake news.

Not that easy to get on there but I think Sia would really deserve it. In good times there is also very strong trading volume.

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May 10, 2018, 08:12:11 PM
 #8652

Do not compare the siacoin with Ripple because Ripple is one of the best finance coins so far besides Bitcoin and Siacoin it is a coin for data storage.
These two coins have different platforms and newborn Siacoin in 2015 while Ripple is from 2012.
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May 10, 2018, 08:53:34 PM
 #8653

so as a community member & miner, all the fork stories & doorstop stories, are they rumors only or the devs are going to implement it?

There is not going to be any hardfork.

The whole story is that the Obelisk miners (manufactured by a subsidiary company of the Core developers) a few days ago revealed the preliminar tests on the units, and sadly the specs could be a 30% bellow the expected. As the mining network is already flooded by miners of 3 companies, by the time Obelisks are delivered their profitability will be very low (so all that speech about "doorstoppers")

The buyers of Obelisk are in rage and are pressing really hard the developing team to fork the mining algorithm of the network to invalidate every miner but Obeliks. Some buyers are going as far as considering the fork as inevitable or consider it a proven fact, I guess in hopes of shaping the reality by describing a different one.

... but the reality is that the Core team is not going to fork the network: they are stating every day that this is no reason to provoke a contentious fork, and that the decision of not forking is firm unless Bitmain/Antpool starts to behave destructively against Sia (something that can't currently happen as the hashrate of Antpool is <15%)


This is true. The no fork. IMHO, it is because 1) Obelisk-Tech is not OUT anything..they got these miners out the door as a pre-order with BTC...if they even kept 20% in BTC they

likely are well ahead of the game. Their investment (and whatever profit) on the units are secure.

2) They want ASIC's for the network security..if instead of say (what is like 8,000 sc-1's or something) they can have the Bitmain units work in the same manner with aprox

75,000 Sia units in the world....that works even better for the sia-tech folk on their network...they have even LESS motive to fork...Bitmain has done the work and numbers

for them..they could not pull out themselves....add the LATE Sc-1 units on top of this mix...and IF sia-tech gets the network where it needs to be to use all these ASIC's in

the manner they intend...they will be golden

3) They COULD fork and do the same thing...and again IMHO that would work just as well, because I don't think the extra capacity of the Bitmain units would matter, in that

I doubt they can implement that many units that fast into the network vision anyway....so again, a fork would be plenty of units to get their invisioned network off the ground

but the numbers of ASIC's with Bitmain behind the protocol...well, it will be a LOT and I mean a LOT easier to get BIG TIME INVESTMENT with that under their belt...so again,

IMHO, Bitmain will rule this coin and network as it becomes available...IF the obelisk sc-1's do arrive they MAY have fewer watts (500w vs bitmain 1,350w I think it is)...but

that means they won't fade quite as fast (and this assumes Bitmain won't have a 2nd generation out of these miners at 500 watts also by the time they ship)..so there is that

As an aside, I fully expect that Bitmain will have a Decred Miner out before the Obelisk Decreds ship..if I had to guess I'd say by July 1st, 2018....just a guess...

I have ONE FREE Decred miner (swap'd 5 1/2 price  sc-1 obelisk coupons off to a friend, he got 4 coupons and I got $800 bucks covered..thus free with 5th coupon free unit

...really tried to talk him out of it, but he badly needed equipment deductions etc and was getting 15 decred units 2nd batch, anyway...so I lost that argument)

 ...so at least I will ROI on that maybe...

As to me, I think that I can ROI after electric with equip deductions at my miner income rate on my dubious 5 sc1 miners, ..IF I can make 40% back of the USD price after electric

So the ONLY hope any of us have (or in my case 5 obelisks sc-1's) Is that the network use they plan for these ASIC's work and they ALL can be put to use

Bitmain and Obelisk in a coherent manner....WITH a pretty good plug of Investment in the obelisk-tech firm and the coin..from this all pulling together...we MIGHT squeak by..but their

frigging network storage vision will have to be on task at the same time as these ASIC's hitting in mass...along with some pretty good press...and investment $$$ and also

investment $$ in the siacoin price too boot..or again...I myself will feel.. lucky if I get 40% back over electric and could just then call it wash (or ROI)

compared to paying the tax man last year (2017) and the 25% equipment deduction also from 2017...*yeah...I was that big and need equip deduction that bad*

but again..it is a stretch even on my 'dubious' scenario' above, for any of this in reality to happen....so heck ...perhaps after above I'll likely really be looking at full 25% loss...

But no, they ain't gonna fork ..no way...they have like 8x the ASIC miners they expected.....for their network vision....bet on that if nothing else...NO fork possible...

We pre-ordered..they are covered on equipment...the real test is IF they can get their network vision storage up to speed with all these ASIC's in the wings...that is

what is gonna determine if any of us even get close to ROI'ing on the Obelisk's or the Bitmain units....without that ....all the ASIC's of this algo and siacoin are 'doorstops'

anyway, what do I know at one time I drank the BFL kool-aid in 2013...but how I'm seen my 5 units of obelisk sc-1 doorstops currently

later

brad



 
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May 12, 2018, 12:39:51 PM
 #8654

Siacoin is coin longterm, patience is the key. So only people who are patient can get profit from this coin.
About listing in Binance it seems developers will think hard because for listing to Binance need a fee $ 500k and that does not make sense, I think that's money is better used for development of this coin.

I agree with you, without listing on Binance, SC already have good volume from another exchange. developed new features/update is more important to give more demand for this coin in the future.

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May 12, 2018, 04:32:20 PM
 #8655


... but the reality is that the Core team is not going to fork the network: they are stating every day that this is no reason to provoke a contentious fork, and that the decision of not forking is firm unless Bitmain/Antpool starts to behave destructively against Sia (something that can't currently happen as the hashrate of Antpool is <15%)

What does this mean? How can Antpool "behave destructively" against Sia? Shouldn't the Sia network be robust enough that anyone mining is not going to cause problems? Wouldn't that indicate a problem with Sia network and not with Antpool?
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May 12, 2018, 08:09:46 PM
 #8656

we need Binance. let's each of us write in the Binance message. maybe the developers of this coin will see that the people demand dobovleniya on the stock exchange.
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May 12, 2018, 11:47:50 PM
 #8657

we need Binance. let's each of us write in the Binance message. maybe the developers of this coin will see that the people demand dobovleniya on the stock exchange.

I think not even 1000 messages would impress them in anyway. There are earning several millions a day so it's difficult to make them hear a few voices easily.

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kaicrypzen
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May 13, 2018, 09:50:06 AM
 #8658

we need Binance. let's each of us write in the Binance message. maybe the developers of this coin will see that the people demand dobovleniya on the stock exchange.

The Sia team entered into discussions with Binance at least four months ago, that's when Taek(42), a developer and the creator of this thread, posted this: https://www.reddit.com/r/siacoin/comments/7pfyjc/brief_update_on_binance.

Three months ago Taek42 said:
Quote
Yeah so far our conversations haven't gone anywhere interesting. Nothing good, nothing bad.

Also four months ago:
Quote
If I delete this comment, Binance asked for something that I found reprehensible.

That comment is still there so either they are still discussing or Taek42 forgot to remove it.

big_daddy
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May 13, 2018, 10:01:17 AM
 #8659

We do not need binance, we need the final product, than SC will have the real value
Untill than, are all speculations
So, dear devs, do your best to finalize the roadmap asap :-)

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denam
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May 13, 2018, 10:13:31 AM
 #8660

Actually doing a comparison between two projects serving or working in two different areas doesn't make sense at first hand. One has strong parties involvement who are providing capital while SIA is based on community and is backed by small investors and businesses. SIA not having that price doesn't put it in inferior to other.
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