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Author Topic: [ANN] Sia - Decentralized Storage  (Read 1381224 times)
gembitz
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September 26, 2018, 05:36:26 AM
 #9161

SIACOIN to da mooooooon @ 92 satoshi !! :-D weeeeeee


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September 26, 2018, 09:35:41 AM
 #9162

From this moment on, noone will look for news. There are many fundamental reasons why all alt coins will rally. More importantly, sia has a solid product, great value proposition, utility based coin, extremely under-priced....easily 20-40-60 cents.
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September 26, 2018, 09:51:39 AM
 #9163

From this moment on, noone will look for news. There are many fundamental reasons why all alt coins will rally. More importantly, sia has a solid product, great value proposition, utility based coin, extremely under-priced....easily 20-40-60 cents.

Easily 20 cents? That means that SIA should have bigger market cap than the #4 - Bitcoin Cash cryptocurrency Cheesy Do you even know how to calculate potential growth or you are just talking out of your ...? Don't even wanna mention the "easy" 60 cents price for this coin lmao Cheesy For this coin to cost even 2.5 cents, the market cap should be more than ADAs MC, which I dont think we would see at any point in the near future. Stop talking BS and luring people with false hopes.
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September 26, 2018, 01:46:10 PM
 #9164

From this moment on, noone will look for news. There are many fundamental reasons why all alt coins will rally. More importantly, sia has a solid product, great value proposition, utility based coin, extremely under-priced....easily 20-40-60 cents.

Easily 20 cents? That means that SIA should have bigger market cap than the #4 - Bitcoin Cash cryptocurrency Cheesy Do you even know how to calculate potential growth or you are just talking out of your ...? Don't even wanna mention the "easy" 60 cents price for this coin lmao Cheesy For this coin to cost even 2.5 cents, the market cap should be more than ADAs MC, which I dont think we would see at any point in the near future. Stop talking BS and luring people with false hopes.

I don't know if this will happen someday but you are not taking into account the growth of the whole crypto market in general. It is quite obvious that if SC reaches 20 cents, the whole market would've recovered and a majority of the mainstream coins would've gone up in prices. So no, SC going to 20 cents doesn't mean its mcap will be more than BCH (or any other coin whose mcap is higher today), because there is a high chance its mcap will also go up. It doesn't make sense to compare the potential-growth mcap of a coin with the current mcap of another (unless you are sure this other won't go up/down anymore, which is impossible).

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September 26, 2018, 02:40:12 PM
 #9165

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



SIACOIN exit pump? :-D lol

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©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 ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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September 28, 2018, 03:02:51 AM
 #9166


zherbertLast Tuesday at 10:27 PM
For those that will inevitably be asking: we just submitted our listing application with Coinbase, as per their blog post https://blog.coinbase.com/new-asset-listing-process-a83ef296a0f3. Looking forward to hearing back from them.



This was posted on the Sia Discord Channel under #Announcements

this would be awesome!!!!!
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September 28, 2018, 03:06:16 PM
 #9167

I purchased cloud storage with SC, but... honestly, hopefully the price was really cheap (regarding other cloud storage services) because it was really complex, non intuitive and... well, let's be honest, I finally never used that space storage because when I finally was able to upload files, it turned my computer crazy when I tried to upload... I always had to restart my computer after a short time (info : but I'm able to play recent video games). My main goal was to test the functioning of Siacoin.

I'm supporting Siacoin since June 2016, and I really think it's one of the best project in the crypto field, but from a critical standpoint, it's not working properly for the moment. People don't want to spend time to understand how Siacoin works, to solve issues that they would encounter, without being sure that it'll work at the end and that even if it's 5x cheaper than Amazon S3 services.

Imo, I would say that it's important to still be aware that a lot of work is still needed for Siacoin to make a breakthrough. I invite you to try their cloud storage service for making your own judgment. It was still a great pleasure to finally see a project that is working, even if it was a little bit tough, and to experience it ! I hope it'll be easier and massively adopted in the future Smiley
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September 28, 2018, 03:21:12 PM
 #9168

Sia is definitely one of the best project out there  Smiley
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September 28, 2018, 08:02:44 PM
 #9169

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 ask myself why would it grow? What has fundamentally changed about this project that investors would pour more capital into this project? Seems to me its quite dead, but please prove me wrong
And why the price grew in December-January? Do not look for fundamental reasons, it's much easier)) This is all market speculation. Smiley

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September 28, 2018, 10:33:48 PM
 #9170

This project is still worth to keep an eye on, because the developement team i always good for a surprise. I think it cannot be wrong to have some Sia in your pockets. We will see what is coming next.

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September 29, 2018, 12:39:03 PM
 #9171

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 ask myself why would it grow? What has fundamentally changed about this project that investors would pour more capital into this project? Seems to me its quite dead, but please prove me wrong

The project isn't dead, in fact the product isn't even really finished. There are many possibilities of improvement, and that's why it could grow. Moreover, the public doesn't know well Siacoin, it's still an unknown cryptocurrency (except for the people that are in the crypto field). Therefore many businesses but also private consumers could be interested. After all, Bitcoin hasn't changed fundamentally since 2009, it's our world that has changed a lot.
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September 29, 2018, 05:38:04 PM
 #9172



Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess




Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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October 01, 2018, 06:35:42 PM
 #9173



Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess






https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin
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October 01, 2018, 11:42:09 PM
 #9174

sorry deleted my post am frustrated cause wallet no work on multiple tries on multople machines gonna forget about it and move on to better
Good Luck
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October 02, 2018, 04:41:52 AM
 #9175



Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess






https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

Sorry, small issues (kinda yet) Smiley

1) 10-15x of more siacoin that they expected is in the wind, when they thought they'd be the only blake2b

ASIC at this point in time,  much, much, more than they needed for the supposed

Sia-Tech anonymous and decentralized cloud storage network. That is to compete with Amazon Cloud

at 10c to the $1 Amazon Pricing. Still, deafening silence on that, not near complete enough to handle

the obelisk ASIC's IMHO, not to mention all that Siacoin,  in the world, mentioned above, in which price is

based on 'scarcity' and 'real world use' which they are nowhere near yet. These are still daunting tasks.

The other point is on Oct 31st, is it? When they fork you really, really, think that Bitmain and the others are

NOT gonna fork a 'Siacoin Classic'? Of course, they are, or their units are toasters. Not to mention in 3

months, by my guessing, that Bitmain will make a 'forked' coin ASIC, just because. (Bitmain: We are evil, it

is what we do!) (tm Bitmain)

It is a step in the right direction, but they have a lot of work to do yet, to keep Siacoin viable IMHO.

As usual, I really, really, hope I'm dead wrong...but don't count your chickens and all that yet, etc etc.

later

brad




Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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October 03, 2018, 02:03:11 AM
 #9176


https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

I cannot find the final date for the hard fork, but finally the shoe drops.
I wish the team can then move forward after the ASIC thing coming to an end and focus on improving the Sia project itself.
There are more competing decentralized storage projects coming out, I think the Sia team needs to hurry up.
 
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October 03, 2018, 02:31:53 AM
 #9177


https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

I cannot find the final date for the hard fork, but finally the shoe drops.
I wish the team can then move forward after the ASIC thing coming to an end and focus on improving the Sia project itself.
There are more competing decentralized storage projects coming out, I think the Sia team needs to hurry up.
 

a buddy said the siacoin fork was Oct 31st, 2018 (Halloween) ...seems appropriate Smiley

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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October 03, 2018, 06:36:41 AM
 #9178


Sorry, small issues (kinda yet) Smiley

1) 10-15x of more siacoin that they expected is in the wind, when they thought they'd be the only blake2b

ASIC at this point in time,  much, much, more than they needed for the supposed



You still think number of coins mined is dependant on network hash rate?



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October 03, 2018, 07:54:46 AM
Merited by kaicrypzen (1)
 #9179

There are a lot of opinions on the fork, but I think it's a good thing they are not abandoning their early investors and most loyal supporters.

Although I agree it might not be the best solution for the network itself and reliability of SC towards partners, you owe this to the people who initially made this possible. It's a legacy debt. I'm invested in several projects who used their ICO money to set up their business, only to abandon their investors and focus on new business models and investors. That's harmful for the crypto market in general (even though it might be beneficial for that single coin). It makes people think twice about being early investors and hampers new startups in finding investments.

Although I own SC (and no miners), I do support this approach.

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October 03, 2018, 05:29:37 PM
Last edit: October 03, 2018, 06:22:52 PM by Zer0Sum
 #9180



Well, IMHO, IF they really did incorporate an ASIC hardware solution in their Siacoin Obelisk miners and the

Obelisk decred miners, I think they need to have that as an option in firmware for a new algo and coin

to take advantage of this. Ideally, that coin/token would be used to run the siacoin network and/or

allowing only Obelisk hardware to be the backbone from the get-go.

If not that, at least opening up this hardware to other algo options would be something.

Again, if that actually exists, as they state or it was just a 'false flag' attempt to slow Bitmain down

back in the day.

Likely, as much as the devs say the price of siacoin does not matter to their cloud storage project, the

probably are as heavily invested as everyone else. But again, IMHO, if they were ONLY a hardware

manufacturer, they would already have used that asic hardware option in firmware to try and develop

a different algo and encourage developers to use such on their coin

Anyway, decred miners are doomed, you'd think at least they would use such for the decred miner or at

least do what the innsilicon folk have done with their firmware to allow HCASH coin mining.

If nothing else, that seems to be a firmware fix the could do of note to make their obelisk decred

miner MAYBE float a bit longer, rather than sink. (not sure why I'm bothering got my 1 decred coming

for giving away my 5 1/2 off obelisk coupons back in the day...even that likely will not make over electric

use, by the time I get it..just saying) well, it looks dire....just my 2 satoshi's worth ..we will see I guess






https://blog.sia.tech/sia-proof-of-work-reset-24b5ec439625

Happy?

I know I am, if I won't have to read long rants anymore  Grin

I find the "rants" to be more informative than the pure astroturf you find on reddit Smiley

SC is worth owning just to read Vorick's blog...
But until I see a proper analysis of the ways Amazon would attack p2p storage if it ever hits 1-2% market share...
I'm going to assume that p2p storage is NOT commercially viable...
Except maybe as scratch pad for IoT devices or deep web mass storage.

https://www.computerworld.com/article/3250274/data-storage/blockchain-and-cryptocurrency-may-soon-underpin-cloud-storage.html

This is actually a decent article from a mainstream computer mag as opposed to boilerplate crypto hype...
You can see that Vorick is indeed targeting "cold storage" and/or the deep web's insatiable storage needs.
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