[ANN] Sia - Decentralized Storage

[shamman666]

https://www.youtube.com/watch?v=_GJcothuiTs
please translate briefly what he says. I use a translator.
this is a new video from SIACOIN

[nick.cao]

Sia team doesn’t want to pay thatt much for listing. Better if they keep going on to better product and bug fixes.

[kaicrypzen]

https://www.youtube.com/watch?v=_GJcothuiTs
please translate briefly what he says. I use a translator.
this is a new video from SIACOIN

There is a summary in the video description:
- Statistics about github issues.
- A post about the mining industry by the lead dev of Sia.
- A warning to withdraw funds from Abucoins before June the 1^st because it's closing.
- A guide to perform a clean install of Sia-UI.

[doedz]

Sia team doesn’t want to pay thatt much for listing. Better if they keep going on to better product and bug fixes.

Yes due to listing on a large exchange it requires substantial funds. Such a listing on Binance requires no less than $ 500,000 and is very expensive for a new exchange.
Essentially Sia must improve its products to be used by many people and can compete with other cloud storage.

[Searing]

The concept of the project is really good. Sia also seems to have a high technical content, and continue to work hard to achieve a higher level.

the ASIC's oblesk have out for siacoin (July 2018) and decred (aug/sept 2018) are all likely doorstops now


http://www.innosilicon.com/html/s11-miner/index.html their siacoin miner version

http://www.innosilicon.com/html/d9-miner/index.html their decred miner version

innsilicon has units that are more eff and much bigger hash in the world NOW....thus those who got these obelisk ASIC's of any flavor are dorked

so what does this mean? unless sia-tech 'forks' which is as likely as me being Natalie Portman's love puppet (i wish) ....these will never have to be

take out of the box (keep in the cardboard box for ease of movement as doorstops)

what is worse, is I swapped 5 1/2 off obelisk coupons for 1 middle of sept decred miner...hell, might not be worth turning on, even though it was a free

decred unit, live an learn I guess

but gonna be an 'interesting' network of bitmain units and innsilicon units and others....running the sia-tech 'supposed' network, if they get it up to

speed in time.....the obelisk products themselves will likely not have enough 'punch' to mine for more than a month...assuming they ship on time

them's the breaks I guess

brad

why is the price of SIACOIN not rising? many of the miners released. the complexity of production has grown very much, but the price is not growing. any thoughts on that?

siacoin is only as good as the anonymous decentralized network that the devs are making for cloud storage...The current price (IMHO) is 'speculation' of the coin,

but without the ASIC's and the above network coming together and offering services, as they say, with above-decentralized nature and at 10c to $1 storage rates

of Amazon...the coin won't matter the ASIC's won't matter it will all be moot and siacoin will be useless....without a use you just have a crap load of ASIC's making

siacoin with no real purpose anymore...so their vision of decentralized and anonymous storage has to come into play...or we are just mining air...

or so I see this (better minds then mine can chime in on this)

[erichall]

why is the price of SIACOIN not rising? many of the miners released. the complexity of production has grown very much, but the price is not growing. any thoughts on that?

Probably because most cryptocurrencies are having a hard time nowadays. When in a down trend, positive developments do not necessarily have much of an effect, unless it's about something that can be perceived as a breakthrough of some kind. Give time to the market to recover in general, to the hashrate to grow and to more features to get implemented. In my opinion, growth of the price of SiaCoin regardless of the whole crypto market isn't realistic.

Adding to what he said, remember that the best time to buy and accumulate is during a down trend. It may not be fun to watch your investments decline, but times like these are best to prep for the future bullrun (assuming there will be one).

[naska21]

why is the price of SIACOIN not rising? many of the miners released. the complexity of production has grown very much, but the price is not growing. any thoughts on that?

roller coaster is part of crypto .It is very important to keep aware of it if some one need to get benifits from SIA.  If any catch your eye your proper responce  would be greatly awarded.  I am waiting for decent rise to sell part of my bag.

[Micheal_Duong]

I would consider the year to hold a lot of Sia. Go to moon

[paulus51]

why is the price of SIACOIN not rising? many of the miners released. the complexity of production has grown very much, but the price is not growing. any thoughts on that?

roller coaster is part of crypto .It is very important to keep aware of it if some one need to get benifits from SIA.  If any catch your eye your proper responce  would be greatly awarded.  I am waiting for decent rise to sell part of my bag.

well, it's not only about the complexity of production and miners. there are also BTC price, alt cycles and market makers...

[Pcgamer34]

I like this project anyways we have a winner! Siacoin whales here?

[CryptoHypno]

SIA is like the little engine that could.  Many projects/developers come and go, but SIA has been consistently developed for years and is showing excellent long-term growth.  Those who HODL will be greatly benefited over the long term.

[oraclepay]

SIA is like the little engine that could.  Many projects/developers come and go, but SIA has been consistently developed for years and is showing excellent long-term growth.  Those who HODL will be greatly benefited over the long term.

Yes SIA has a great potential. Development is going on and that't the great thing. Developers make the project successful. And here developers are actively doing great.

I have a good investment in it. And that's good investment till now and future is great.

[ilcapitano]

~
- A post about the mining industry by the lead dev of Sia.
~

I like this point, kaicrypzen.
The article on current situation of mining industry and forecasts for future adaptations presented very detailed, informative in such invaluable article on the official blog of Sia project.
Several months ago, Sia team decided to change its difficulty adjustment algorithm to deal with upcoming exponential rises of Sia difficulty due to Obelisk delivery.

[Searing]

~
- A post about the mining industry by the lead dev of Sia.
~

I like this point, kaicrypzen.
The article on current situation of mining industry and forecasts for future adaptations presented very detailed, informative in such invaluable article on the official blog of Sia project.
Several months ago, Sia team decided to change its difficulty adjustment algorithm to deal with upcoming exponential rises of Sia difficulty due to Obelisk delivery.

well..that is something....they may have to do the same with the innsilicon and bitmain units..the bitmain units were in batches as high as 50,000 (not sure what I heard)..if so .yeah...adjustments indeed...


regardless, no way the obelisk's I have coming need to be taken out of the box it seems.....even the above tweaks are likely not enough..live an learn

[Hindafing]

What is the current situation with the Bitmain miner and the Obelisk miner? Will or was there a chane in the protocal already or will a change happen in the next days or weeks?

[kaicrypzen]

What is the current situation with the Bitmain miner and the Obelisk miner? Will or was there a chane in the protocal already or will a change happen in the next days or weeks?

As far as my knowledge goes, no change is scheduled. Are you asking because you heard something else somewhere?

[cr1pto]

why is the price of SIACOIN not rising? many of the miners released. the complexity of production has grown very much, but the price is not growing. any thoughts on that?

roller coaster is part of crypto .It is very important to keep aware of it if some one need to get benifits from SIA.  If any catch your eye your proper responce  would be greatly awarded.  I am waiting for decent rise to sell part of my bag.

well, it's not only about the complexity of production and miners. there are also BTC price, alt cycles and market makers...

Yes, the crazy run in December and January did a lot of damage, because many new investors came in to late and they got burned.
Now new investors don't wan't to invest and with some "old guard" selling coins to buy something, the price is going up and down

[Searing]

What is the current situation with the Bitmain miner and the Obelisk miner? Will or was there a chane in the protocal already or will a change happen in the next days or weeks?

the protocol won't change ..sia-tech folk said nope...as to the Bitmain Miner....they MAY have the 2nd version out...but with these prices etc ..I doubt they would

release it...then again who knows...I'd not be surprised if a 2nd gen bitmain siacoin miner came out before the first obelisk sc-1's ship

(Bitmain: always there to make a statement and slap any other ASIC maker down with units or price...its what they do...as a monopoly don't  ya know!)

[naska21]

So Sia is becoming serious competition to Dropbox and Google drive? The concept is similar like theirs just you get paid in coins. Please correct me if I am wrong.

Sia platform makes it possible to use blockchain  possibilities in a physically distributed data warehouse which is spread over different nodes. But I would view it   not as competitor  but  a good complement of available cloud storages ( such as OneDrive, Google  drive, DropBox etc.)

[Qunenin]

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@binancepumpnow

Why would we want to follow another shitty pump group?

Sia Coin does not require any pump group as it is not a pump dump coin. Sia team has been working good these days and they have also collected a lot of funds. I wonder if they be listing on Binance soon.