[ANN] Sia - Decentralized Storage

[Branko]

I was wondering if there is so much online storage demand, why are people still not using crypto as a decentralized storage option. This would be the perfect thing for encrypted backup right. You still don't hear a lot about it really.

Simple answer is...its not production ready yet

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[jameswell]

I have been investing in Siacoin for almost a year and mining SC since the beginning of this year.
I wish Siacoin all the best.
I support whatever it takes the Devs team and community to make the Sia project better.
BTW, I just sadly realized that my JR member has been demoted and I am a "newbie" member again...
Can anyone in this thread help me?  It would be greatly appreciated...

Did someone hack your previous account? If so the only way to get it back is if you had saved your BTC address on the profile and then send the devs

a msg via private msg to prove you own that BTC address...then they can give it back. (or at least that is how it worked years ago). A blank paper wallet

on the profile with access to the private key for such purposes works just fine also. Stuff it in a book, someplace, just in case or simply copy-paste the

info on the empty wallet somewhere you can get at also.

As to your current problem, if you were demoted to a newbie because of a hack, and did not do above, you are out of luck.

Let us know if you have been demoted for another reason I"m not aware of..if for no reason contact a Moderator and ask...

could be a bug I guess

brad

Thanks so much for asking.
I just realized that there is a new rule in place,  which requires at least 1 merit to be a Jr Member. All existing Jr Members who didn't meet the requirement were demoted.
The following is the post stating the new rule:
https://bitcointalk.org/index.php?topic=5030366.0

To be honest, I really do not believe that I am a "newbie" to Bitcoin or Blockchain technology and I never spam in this forum at all.

[boomboom]

I really look forward to the day when all the discussion around sia is based on the fantastic decentralised storage application, and the problems with mining and asics and bitmain etc are long past.

Has anyone considered using komodo's delayed PoW notary service with sia, would that work?

[Searing]

I have been investing in Siacoin for almost a year and mining SC since the beginning of this year.
I wish Siacoin all the best.
I support whatever it takes the Devs team and community to make the Sia project better.
BTW, I just sadly realized that my JR member has been demoted and I am a "newbie" member again...
Can anyone in this thread help me?  It would be greatly appreciated...

Did someone hack your previous account? If so the only way to get it back is if you had saved your BTC address on the profile and then send the devs

a msg via private msg to prove you own that BTC address...then they can give it back. (or at least that is how it worked years ago). A blank paper wallet

on the profile with access to the private key for such purposes works just fine also. Stuff it in a book, someplace, just in case or simply copy-paste the

info on the empty wallet somewhere you can get at also.

As to your current problem, if you were demoted to a newbie because of a hack, and did not do above, you are out of luck.

Let us know if you have been demoted for another reason I"m not aware of..if for no reason contact a Moderator and ask...

could be a bug I guess

brad

Thanks so much for asking.
I just realized that there is a new rule in place,  senwhich requires at least 1 merit to be a Jr Member. All existing Jr Members who didn't meet the requirement were demoted.
The following is the post stating the new rule:
https://bitcointalk.org/index.php?topic=5030366.0

To be honest, I really do not believe that I am a "newbie" to Bitcoin or Blockchain technology and I never spam in this forum at all.

sent you some merit and a PM...did not seem to do any good

you may have to research this more.

brad

edit: got his status fixed with some merit

[mahmutyes]

I really really liked your project. Already wanna buy your tokens. Thanks for the development.

[jameswell]

sent you some merit and a PM...did not seem to do any good

you may have to research this more.

brad

edit: got his status fixed with some merit

Thanks a bunch for the merits Sir.
Proud to be a forum member now.

I was wandering the sia.tech's blog and their youtube channel, other than a weekly update, nothing really new.
The Sia Ledger Nano S app seems interesting, it is still a beta version, but I may give it a try, as I just got a Ledger Nano S as a gift.

[steffen666]

no pow?

[big_daddy]

no pow?

no

[Searing]

I was wondering if there is so much online storage demand, why are people still not using crypto as a decentralized storage option. This would be the perfect thing for encrypted backup right. You still don't hear a lot about it really.

Simple answer is...its not production ready yet

Yeah, that's the rub...the other ASIC makers making 10x or more Siacoin than expected for the debut of their Obelisk ASIC's and

NO, as you say production-ready cloud storage setup ready yet by SiaTech. With the current ASIC's fork or not adding to the amount.

Without the network up, Siacion in my view will hold little value, their network cloud storage now makes or breaks it, IMHO.

this includes people who trade and speculate, no scarcity argument to hodl for the network too many siacoin, thus scarcity for value

is off the table, again IMHO.

Then again, a buddy said they have $20 Million in the bank, they are not in fraud mode they did deliver a doorstop...thus if it

all goes to hell, those as SiaTech will go, ah well, we gave it a shot and be sitting pretty anyway!

(rinse/wash/repeat Butterfly Labs/GAW Miners/KNC games/Bitmain games/etc etc)


brad

[Hindafing]

I was not around for a while at the Siacoin project. Is this coin still worth to follow? What are the next plans for this coin? Will there be some releases in the near future? Would be nice if someone can give me more informations.

[Searing]

Delete this post (was a duplicate post of the next post)

[Searing]

I was not around for a while at the Siacoin project. Is this coin still worth to follow? What are the next plans for this coin? Will there be some releases in the near future? Would be nice if someone can give me more informations.

they plan to fork the coin, as you can see previous in the thread with the amount of siacoin mined via other ASIC's this last year and the

fact siatech has no real network up to use these coins with more coming as the obelisk (doorstops) have arrived and will add more hash to

the process...

the odds are slim to none you can ever ROI on these units, even with a fork to obelisk only ASIC use

I am on day 23 of my 1st obelisk (doorstop still in box) I got the other 4 on Wens 9/1918(I got 5 total that was the last of them) thus they

are on day 3 as doorstops status not worth pulling them out of the box at a $1 a day loss each after electric

I suppose I could use them as bookshelf supports or doorstops left in the box...other than that out 1.11 BTC after taxes I would have

paid on the mining of coin to pay for these after gross and the 25% 1 year all equip deduction of 2017.

So got something back on this, but still, 1.11 BTC would have been nice to stay in HODL mode, even at these prices

So in other words, someone now could GIVE YOU a siatech obelisk sc1 blake2b siacoin miner and/or an obelisk decred miner

and you would never ROI (I think a decred miner, available now would be $1 a day, by next month when they arrive IMHO,

they won't ROI either.

I have a FREE decred miner coming 2nd batch, I got for my 5 coupons 1/2 price back in the day. But even FREE when it arrives

I doubt it will be worth running vs electric loss vs price when it shows up in 4 to 6 weeks.

So feel free to follow this 'clusterf*ck' but keep far, far away as to not get sucked in.....it is likely to go noplace.

Siatech will move the machines out, take their 20 million in assets and close shop, again IMHO. They will have shipped

the doorstops so we can't say it is fraud, they will say market conditions changed (like BFL) and that will be that. Will

divvy up the 20 million to pay of debts and split the rest among the founders I'd imagine and walk. Letting the corporation

take the fall vs their personal wealth. Rinse/Wash/Repeat...how things are done in the USA these days.

Get the units out the door, doorstops, divvy up the assets and bankrupt the corporation to protect your private funds via

the corporation taking the fall. The sad state of affairs is, besides the fork, which I doubt would work, even with the best

of intentions, it took them a year to make the ASIC's and bitmain and others 3-4 months max...thus these units are 8 months

too late to matter

so it goes you win some you lose some

brad

[irwanjabryg]

One need to wait: of course SIA has a good prospect.... At present some rough patches...
On the otherside many ERC 20 tokens intigue me, many of them claim to solve problems which we never thought exist in reality. One need to invest only the spare changes in crypto... A large investment might get stuck for long before bearing the fruit.

[HitTheLow]

Finally I can see this new bottom from the chart, it's time for SC to recover old satoshi's price. I'm back in with my sc bag.

[nhathongkehoc]

Finally I can see this new bottom from the chart, it's time for SC to recover old satoshi's price. I'm back in with my sc bag.

I hope Sia will start recovering well since today, too.
bottoms have been almost found, we have been somewhere around the year's bottoms.
Time to start bouncing back and recover gradually.

[HitTheLow]

Finally I can see this new bottom from the chart, it's time for SC to recover old satoshi's price. I'm back in with my sc bag.

I hope Sia will start recovering well since today, too.
bottoms have been almost found, we have been somewhere around the year's bottoms.
Time to start bouncing back and recover gradually.

I can already see in most of crypto's charts double and triple bottoms.. I really think a new bull market already started

[HitTheLow]

Finally I can see this new bottom from the chart, it's time for SC to recover old satoshi's price. I'm back in with my sc bag.

I hope Sia will start recovering well since today, too.
bottoms have been almost found, we have been somewhere around the year's bottoms.
Time to start bouncing back and recover gradually.

I can already see in most of crypto's charts double and triple bottoms.. I really think a new bull market already started

[jameswell]

Saw huge volume on Bittrex these couple of days with a price spike.
I guess the price spike was because that institutional investors were loading up.
Most cryptocurrencies are following the Bitcoin's trend so hopefully, SC will recover when the price of the Bitcoin goes up in the next bull run.

[Jamie Thomas]

Sia is a digital cloud storage space. It creates a decentralized online cloud storage for users, who can rent out their unused digital space for a certain fee, which is paid in the Siacoin cryptocurrency - the SC token.

As compared to other cloud storage services, Sia offers storage at a much cheaper rate.

Current, Siacoin price is $0.005 and Siacoin keeps on increasing in its price that can be viewed on the siacoin price chart.

[Searing]

Sia is a digital cloud storage space. It creates a decentralized online cloud storage for users, who can rent out their unused digital space for a certain fee, which is paid in the Siacoin cryptocurrency - the SC token.

As compared to other cloud storage services, Sia offers storage at a much cheaper rate.

Current, Siacoin price is $0.005 and Siacoin keeps on increasing in its price that can be viewed on the siacoin price chart.

So the cloud is working just dandy for siatech? they are making money? or is still just based on hype?

I'd like to see some notice on how the cloud storage is going and competing against Amazon cloud...I hear zip...

also, bitmain just released a decred miner for 637 usd at 7.8th and 1410 watts that is shipping THIS WEEK

so the angle of their decred miners are deader than dead

again, IMHO, the only way siatech can make money is 1) if they get the cloud vision up and working and an option to amazon cloud as decentralized

and anonymous, as they state

2) fork to a COMPLETELY new coin for the network..the siatech folk always said siacoin price did not matter because it is speculation

than that new coin MAY get some value back...again, if they make the cloud vision work

how the cloud vision will work  with 10-15x the siacon in the world even with a working cloud solution at this point of time and their obelisk fork

is beyond me, I just don't see it

brad

(doorstop status on obelisk sc1's (5 of them, I was soooooo silly) from the date I got the 1st one is at : Day 26 as doorstops and counting

brad