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gembitz
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August 11, 2018, 02:24:14 AM |
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Sia light have made some people rich or even millionaires if they bought in 2015-2016, but I think the best is gone, so many projects provide storage on the side of their main business, so i think they're going to overtake sia when the next bull run starts
Sia is a good coin, really in those days, many have earned well. Apparently had a fun time. But maybe it will happen again, so now I buy slowly.  I cant stop you but i wouldn't buy Sia again. The only way I could see this coin go back up in value is if Bitcoin would shoot up again. If that does happen (and I think it will), lots of other alts will go up at least twice as fast. same people behind this coin didn't they buy poloniex...no where else they will list this dogshit? weee well again.. I got 5 of these..obeslisk sc-1 siacoin units ..(really, really needed the equip deduction in 2017) so I'm down 1.11 BTC or about $4,550 usd if you count it in that manner from 2017...with what my tax rate was 41% and equipment deduction 1 year all of 25% off...thus down only 34% ...after the fact for risk.... But again, at the time, for me anyway, these ASIC's ONLY had to make 34% of their cost back for me to break even, after electric. So it 'seemed' prudent....alas..not so much... I'd taken worse bets and won..but not this time... The only thing left is CAN my FREE (1) decred miner I got for (5) obelisk sc-1 1/2 off coupons....make any money by the time it 'supposedly' ships at the end of this month? (Very, very unlikely, in that they have not even got the sc-1's into the world yet) Or will be a 'novelty' a free obelisk decred miner, for *5* 1/2 off coupons* cost me zip...and THIS DECRED MINER IS UNLIKELY TO PAY FOR ELECTRIC TO RUN IT AS WELL, WHEN i GET IT. At again, a cost of nothing, including shipping. Sheesh... I got to admit they really, really are batting ZERO on everything consistently ...that is what happens when Bitmain 'curses you' By having a product 7 months previous to yours...they have really screwed the pooch for themselves...I can't see the company surviving, because I see no way of them having a legit working (able to compete against Amazon Cloud) solution after this cluster... they likely will just declare bankruptcy and walk after the units are shipped like BFL and let the corporation take the fall...by showing they shipped even a 'worthless' product..they can claim they just f*cked up and thus avoid fraud...at no risk to themselves or their personal property. Indeed, at this point, not taking refunds, it is the only way forward without significant legal risk, again IMHO. the fat ASIC has sung, and the opera is done....kaput... alas, live and learn, brad i'm talking to developers now ~ we will pull a rabbit from somewhere..it's going to be a few more weeks tho'  ((((stay tuned))) |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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Waitingforlightning
Member
 Offline
Activity: 116
Merit: 10
Securix: Next Generation Crypto Mining
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August 11, 2018, 12:49:18 PM |
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Sia light have made some people rich or even millionaires if they bought in 2015-2016, but I think the best is gone, so many projects provide storage on the side of their main business, so i think they're going to overtake sia when the next bull run starts
Sia is a good coin, really in those days, many have earned well. Apparently had a fun time. But maybe it will happen again, so now I buy slowly. I cant stop you but i wouldn't buy Sia again. The only way I could see this coin go back up in value is if Bitcoin would shoot up again. If that does happen (and I think it will), lots of other alts will go up at least twice as fast. same people behind this coin didn't they buy poloniex...no where else they will list this dogshit? weee well again.. I got 5 of these..obeslisk sc-1 siacoin units ..(really, really needed the equip deduction in 2017) so I'm down 1.11 BTC or about $4,550 usd if you count it in that manner from 2017...with what my tax rate was 41% and equipment deduction 1 year all of 25% off...thus down only 34% ...after the fact for risk.... But again, at the time, for me anyway, these ASIC's ONLY had to make 34% of their cost back for me to break even, after electric. So it 'seemed' prudent....alas..not so much... I'd taken worse bets and won..but not this time... The only thing left is CAN my FREE (1) decred miner I got for (5) obelisk sc-1 1/2 off coupons....make any money by the time it 'supposedly' ships at the end of this month? (Very, very unlikely, in that they have not even got the sc-1's into the world yet) Or will be a 'novelty' a free obelisk decred miner, for *5* 1/2 off coupons* cost me zip...and THIS DECRED MINER IS UNLIKELY TO PAY FOR ELECTRIC TO RUN IT AS WELL, WHEN i GET IT. At again, a cost of nothing, including shipping. Sheesh... I got to admit they really, really are batting ZERO on everything consistently ...that is what happens when Bitmain 'curses you' By having a product 7 months previous to yours...they have really screwed the pooch for themselves...I can't see the company surviving, because I see no way of them having a legit working (able to compete against Amazon Cloud) solution after this cluster... they likely will just declare bankruptcy and walk after the units are shipped like BFL and let the corporation take the fall...by showing they shipped even a 'worthless' product..they can claim they just f*cked up and thus avoid fraud...at no risk to themselves or their personal property. Indeed, at this point, not taking refunds, it is the only way forward without significant legal risk, again IMHO. the fat ASIC has sung, and the opera is done....kaput... alas, live and learn, brad i'm talking to developers now ~ we will pull a rabbit from somewhere..it's going to be a few more weeks tho' ((((stay tuned))) we'll see what happens but i dont believe people will invest in sia when they could also invest in projects like vechain, stratis, sonm, aion, ... all coins that today are dirtcheap but their potential is up in the tens of billions each |
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toogoody
Jr. Member
Offline
Activity: 588
Merit: 1
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August 11, 2018, 10:46:50 PM |
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Bcxbit
Newbie
Offline
Activity: 81
Merit: 0
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August 12, 2018, 12:28:55 AM |
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Sia light have made some people rich or even millionaires if they bought in 2015-2016, but I think the best is gone, so many projects provide storage on the side of their main business, so i think they're going to overtake sia when the next bull run starts
Sia is a good coin, really in those days, many have earned well. Apparently had a fun time. But maybe it will happen again, so now I buy slowly. I cant stop you but i wouldn't buy Sia again. The only way I could see this coin go back up in value is if Bitcoin would shoot up again. If that does happen (and I think it will), lots of other alts will go up at least twice as fast. same people behind this coin didn't they buy poloniex...no where else they will list this dogshit? weee well again.. I got 5 of these..obeslisk sc-1 siacoin units ..(really, really needed the equip deduction in 2017) so I'm down 1.11 BTC or about $4,550 usd if you count it in that manner from 2017...with what my tax rate was 41% and equipment deduction 1 year all of 25% off...thus down only 34% ...after the fact for risk.... But again, at the time, for me anyway, these ASIC's ONLY had to make 34% of their cost back for me to break even, after electric. So it 'seemed' prudent....alas..not so much... I'd taken worse bets and won..but not this time... The only thing left is CAN my FREE (1) decred miner I got for (5) obelisk sc-1 1/2 off coupons....make any money by the time it 'supposedly' ships at the end of this month? (Very, very unlikely, in that they have not even got the sc-1's into the world yet) Or will be a 'novelty' a free obelisk decred miner, for *5* 1/2 off coupons* cost me zip...and THIS DECRED MINER IS UNLIKELY TO PAY FOR ELECTRIC TO RUN IT AS WELL, WHEN i GET IT. At again, a cost of nothing, including shipping. Sheesh... I got to admit they really, really are batting ZERO on everything consistently ...that is what happens when Bitmain 'curses you' By having a product 7 months previous to yours...they have really screwed the pooch for themselves...I can't see the company surviving, because I see no way of them having a legit working (able to compete against Amazon Cloud) solution after this cluster... they likely will just declare bankruptcy and walk after the units are shipped like BFL and let the corporation take the fall...by showing they shipped even a 'worthless' product..they can claim they just f*cked up and thus avoid fraud...at no risk to themselves or their personal property. Indeed, at this point, not taking refunds, it is the only way forward without significant legal risk, again IMHO. the fat ASIC has sung, and the opera is done....kaput... alas, live and learn, brad i'm talking to developers now ~ we will pull a rabbit from somewhere..it's going to be a few more weeks tho' ((((stay tuned))) we'll see what happens but i dont believe people will invest in sia when they could also invest in projects like vechain, stratis, sonm, aion, ... all coins that today are dirtcheap but their potential is up in the tens of billions each No one knows, in the past the Bitcoin no price at all.. but see now we never thought the price would be like now. SIA is included in a robust platform where he survived for many years, I still think there is hope for the future, with the hard work of the team development project I hope the project will be successful. |
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tirthraj
Copper Member
Jr. Member
Offline
Activity: 449
Merit: 2
web3 developer | Youtuber
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August 14, 2018, 06:09:49 AM |
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I accidentally got into this project. I'm interested to see how the developers fulfill their stated goals.
Hehe... Its just 77 Sat Now. what is going on DEV Team are they making any suspense or any hard fork which is not coming in the picture |
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Waitingforlightning
Member
Offline
Activity: 116
Merit: 10
Securix: Next Generation Crypto Mining
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August 14, 2018, 10:39:53 AM |
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Sia light have made some people rich or even millionaires if they bought in 2015-2016, but I think the best is gone, so many projects provide storage on the side of their main business, so i think they're going to overtake sia when the next bull run starts
Sia is a good coin, really in those days, many have earned well. Apparently had a fun time. But maybe it will happen again, so now I buy slowly. I cant stop you but i wouldn't buy Sia again. The only way I could see this coin go back up in value is if Bitcoin would shoot up again. If that does happen (and I think it will), lots of other alts will go up at least twice as fast. same people behind this coin didn't they buy poloniex...no where else they will list this dogshit? weee well again.. I got 5 of these..obeslisk sc-1 siacoin units ..(really, really needed the equip deduction in 2017) so I'm down 1.11 BTC or about $4,550 usd if you count it in that manner from 2017...with what my tax rate was 41% and equipment deduction 1 year all of 25% off...thus down only 34% ...after the fact for risk.... But again, at the time, for me anyway, these ASIC's ONLY had to make 34% of their cost back for me to break even, after electric. So it 'seemed' prudent....alas..not so much... I'd taken worse bets and won..but not this time... The only thing left is CAN my FREE (1) decred miner I got for (5) obelisk sc-1 1/2 off coupons....make any money by the time it 'supposedly' ships at the end of this month? (Very, very unlikely, in that they have not even got the sc-1's into the world yet) Or will be a 'novelty' a free obelisk decred miner, for *5* 1/2 off coupons* cost me zip...and THIS DECRED MINER IS UNLIKELY TO PAY FOR ELECTRIC TO RUN IT AS WELL, WHEN i GET IT. At again, a cost of nothing, including shipping. Sheesh... I got to admit they really, really are batting ZERO on everything consistently ...that is what happens when Bitmain 'curses you' By having a product 7 months previous to yours...they have really screwed the pooch for themselves...I can't see the company surviving, because I see no way of them having a legit working (able to compete against Amazon Cloud) solution after this cluster... they likely will just declare bankruptcy and walk after the units are shipped like BFL and let the corporation take the fall...by showing they shipped even a 'worthless' product..they can claim they just f*cked up and thus avoid fraud...at no risk to themselves or their personal property. Indeed, at this point, not taking refunds, it is the only way forward without significant legal risk, again IMHO. the fat ASIC has sung, and the opera is done....kaput... alas, live and learn, brad i'm talking to developers now ~ we will pull a rabbit from somewhere..it's going to be a few more weeks tho' ((((stay tuned))) we'll see what happens but i dont believe people will invest in sia when they could also invest in projects like vechain, stratis, sonm, aion, ... all coins that today are dirtcheap but their potential is up in the tens of billions each No one knows, in the past the Bitcoin no price at all.. but see now we never thought the price would be like now. SIA is included in a robust platform where he survived for many years, I still think there is hope for the future, with the hard work of the team development project I hope the project will be successful. you cannot compare bitcoins price from back in the day, when probably less than 1000 people bought bitcoin as an investment, to sia right now, when pandoras box has opened and all this other potential has come out. |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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August 14, 2018, 04:08:06 PM |
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Kinda a bombshell below, submitted fof those who have NOT gotten a unit and did not get the below email (for you lurkers out there) and to start a conversation on this annoucement. hmm.....I may have to re-think my views on Sia-Tech NOT trying to pull something out of this cluster....kinda impressed at the effort, if unsure of the result, at this time. Got this from them via email below I am not 'entirely' sure of what this will do to Siacoin's price....I'll let others on this thread contemplate that...figured folk on this thread would need to know this as well as those who have Obelisk units. 8/13/18 ----------------------- start --------------------------------- The Plan Dear Obelisk Customers, Production is progressing, firmware is almost complete, and we expect to begin shipping units this week. We now have approval from our team, board, and counsel to share our plan. First, we will compensate Batch 1 customers with expected mining revenue. Since we missed the estimated shipment date for Batch 1, we will compensate all Batch 1 customers with the mining revenue that you would have received between June 30 and the day your order ships. As of today, this is approximately $90 for each SC1 unit and $250 for each DCR1 unit. If we miss the estimated shipment dates for Batches 2-5, this policy will also apply. We will begin sending out this compensation to customers sometime after Batch 5 ships. Obelisk will calculate your expected mining revenue based on a hashrate of 800 GH/s for SC1 and 1500 GH/s for DCR1. Compensation will be in USD, and will assume that you exchanged your mined coins for USD on a daily basis and that your electricity cost is $0. In the coming weeks, we will put together a more complete guide to receiving this compensation and publish our official calculations so that they can be reviewed by the community. Depending on Obelisk’s financial position after delivering Batch 5, it may take several months or more to compensate all customers. Second, we will release the SC1 alternative Blake2b algorithm in the coming weeks. This will give the Sia community the ability to fork and could invalidate all non-Obelisk Siacoin ASIC miners on the forked chain. The Sia core developers are currently considering community member FaustianAGI’s proposal and will soon be issuing an official response. As of today, all Nebulous (the company employing Sia’s core developers) and Obelisk employees are supportive of a fork. There are still many details to solidify, but we pledge to provide additional information in the coming weeks. We are working tirelessly to deliver your orders, and will continue to update you with our progress. Best, – Team Obelisk Copyright © 2018 Obelisk, Inc. All rights reserved. ---------------------- end --------------------------- Also below is the 'embedded' link in the email below...for consideration....the proposal for funding of development (from what I gather) ------------------------ start --------------------------------- https://www.reddit.com/r/siacoin/comments/94ji0q/a_community_proposal_to_resolve_the_obelisk/-------------------- end --------------------------------------- I'm not exactly sure how this is gonna work out...but I must admit I'm impressed they are trying like hell to do something about this mess We will see.....I will happily 'eat crow' on even an attempt to pull something out of this mess...So kudos for them attempting such at least... Anyway, some of what they are trying to do is confusing yet and unclear, I will let better minds than myself comment below on such for clarity...this is just a start to the conversation on this we will see Brad |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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TonyHughesDesign
Copper Member
Newbie
Offline
Activity: 38
Merit: 0
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August 15, 2018, 12:20:54 PM |
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Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
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Fanpant
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August 15, 2018, 01:05:02 PM |
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Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
So you think the price will rise again? |
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gembitz
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August 15, 2018, 03:28:39 PM |
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Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
So you think the price will rise again? spacebucks when? :\ hmmm |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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gembitz
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August 15, 2018, 03:30:27 PM |
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...
TL;DR
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– Team REKT Copyright © 2018 Obelisk, Inc. All rights reserved. |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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August 15, 2018, 04:34:39 PM |
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...
TL;DR
===>
– Team REKT Copyright © 2018 Obelisk, Inc. All rights reserved. it may be I only have a choice of which 'mining air' at an electric loss I might pick with the 5 obelisks. fork coin air mining or current sia coin air mining.... sheesh brad |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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TonyHughesDesign
Copper Member
Newbie
Offline
Activity: 38
Merit: 0
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August 16, 2018, 10:07:29 AM |
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Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
So you think the price will rise again? Why not man.. according to paranoid mental John mcaffee bitcoin will goto some astronomical price.. and as that support wavers it will be all dumped into alt coins.. Sia sits at a low amount of sats which means somebody can buy a truck full.. I shouldn't have sold at the price I did.. if I kept now I would have 300bitcoins when I brought at 6sats. |
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gamichvoche
Jr. Member
Offline
Activity: 40
Merit: 2
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August 16, 2018, 10:09:28 AM |
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I wonder about high business profitable of your project. How can you bring benefit to users?
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rockminer1
Member
Offline
Activity: 277
Merit: 13
farming in Russia
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August 16, 2018, 11:47:46 AM |
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Ok. If fork of Sia, what should Antminer A3 holders do?
And your wallet is so slow for me. Slow sync and slow usage. Please do file sharing!!!
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big_daddy
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August 16, 2018, 11:51:54 AM |
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Ok. If fork of Sia, what should Antminer A3 holders do?
wait for a new Blake2b algorithm coin to mine or take the Ant A3 and screw-it-through on the wall |
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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Waitingforlightning
Member
Offline
Activity: 116
Merit: 10
Securix: Next Generation Crypto Mining
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August 17, 2018, 12:10:53 PM |
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Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
So you think the price will rise again? Why not man.. according to paranoid mental John mcaffee bitcoin will goto some astronomical price.. and as that support wavers it will be all dumped into alt coins.. Sia sits at a low amount of sats which means somebody can buy a truck full.. I shouldn't have sold at the price I did.. if I kept now I would have 300bitcoins when I brought at 6sats. Thats gambling, not investing. Buying a coin because its cheap is no strategy, especially not with sia. Sure, its a good project with a very capable team, but they're bringing a solution to a problem is already being solved by other projects, who offer a lot more than just storage. |
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gembitz
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August 17, 2018, 12:32:32 PM |
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...
TL;DR
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– Team REKT Copyright © 2018 Obelisk, Inc. All rights reserved. it may be I only have a choice of which 'mining air' at an electric loss I might pick with the 5 obelisks. fork coin air mining or current sia coin air mining.... sheesh brad talking to some developers ~ i'll keep you posted bud zzz |
©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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ostrovagaly
Member
Offline
Activity: 238
Merit: 10
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August 17, 2018, 12:40:18 PM |
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The decentralized repository is gaining momentum! more and more companies need with the provision of services with storage of data! the whole world goes to the information level, society begins to need data storage! especially became popular in decentralized storage! I'm sure that the company is waiting for success!
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Konfeta
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August 17, 2018, 10:31:43 PM |
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The decentralized repository is gaining momentum! more and more companies need with the provision of services with storage of data! the whole world goes to the information level, society begins to need data storage! especially became popular in decentralized storage! I'm sure that the company is waiting for success!
Im highly confident in SIA, I believe that it will be a top crypto in some years from now. And when market recovers we will see Siacoin price move to higher levels. |
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