Siacoin Epic Monster Moon

[dbt1033]

Decentralized storage is going to be big, and no one does it better than Siacoin. They have decentralized hardware they are selling, branded minebox, and the technology is improving every day.

The risk / reward of this trade is epic. Super fucking epic.

Technically, we have a double bottom on support on the 3D chart. Also, it has finally breached the 50ma, signalling bullish potential. Volume never lies and the past week has seen significant volume on Siacoin.

Strap in, don't miss this one.

If you want to buy the bottom of something, here is your chance.

https://www.tradingview.com/chart/SCBTC/j88mdu3x-SiaCoin-Monster-Moon/

[BonzoCorleone]

Damn every single of your call has always been spot fuckin on! Thanks!!

[Fredomago]

yes mate its been a good day for sc moves so fast and fomo really works as we seen the value right now, waiting for retrace again before
jumping back, you really good analyzing coins i will try following your call from time to time i guess. good luck and keep sharing your
thoughts for the benefits of many.

[dbt1033]

Damn every single of your call has always been spot fuckin on! Thanks!!

You're welcome!  Enjoy!

[tehMoonwalker]

very interesting, do you know sth about the coin quantity ? 24 billion coins seems a little much , you know why that many and if they plan to do something against the inflation?

[dbt1033]

very interesting, do you know sth about the coin quantity ? 24 billion coins seems a little much , you know why that many and if they plan to do something against the inflation?

That's irrelevant

[kawacaki]

I bought in yesterday, 32% up already

[dbt1033]

I bought in yesterday, 32% up already

Good timing

The support level is currently 52 satoshi.  Try and get filled from 48-52 and you'll be a happy guy.

[tehMoonwalker]

where did you buy? can you explain why its irelevant?

[dbt1033]

where did you buy? can you explain why its irelevant?

Who cares that there is a high number of coins... that's why the price is so low.

[MrSunshine]

very interesting, do you know sth about the coin quantity ? 24 billion coins seems a little much , you know why that many and if they plan to do something against the inflation?

Siacoin requires a large number of coins as that is what it uses to for payments, collateral and so on. Also a number of coins get lost(burned) permanently in the system process. Since it user base could be huge and decentralized a large number of coins are justified. Now that being said the price of the coin reflects that large # of coins. Look at the market cap to see it's value.

[tehMoonwalker]

thanks mrsunshine!

i also found this interesting answer about the inflation:

"Recently many people asked questions about the calculation and supply of Siacoins. Many people actually have misconception of Siacoin’s supply and calculation. I am reposting a post about Siacoin’s supply I wrote couples of months ago and hope it is helpful to some poeple.

In Sia FAQ - "The number of siacoins created each block is (300,000 - height). The genesis block has a height of 0. After height 270,000, all blocks will have a reward of 30,000 siacoins. The current number of siacoins can be found at explore.siacoin.com"

Right now (March 26th, 2016) the Sia block height is 43,049. So it will need about another 4.3 years((270,000-43,049)/(144365)=4.3years) to hit the 270,000 block height to start the 30,000 coins constant rewards. In about 4.3 years when sia hits the 270,000 block height, there will be about 44.55 billion (((300,000+30,000)/2)270,000=44.55 billion) siacoins available in the market. From there, there will be about 1.57 billion (30,000144365=1.5678 billion) of siacoins coming out from the mining every year constantly. So in 5 years from today, there will be about 45.6 billion of siacoins available. In 10 years from today, there will be about 53.5 billion of siacoins available in the market.

I think Siacoin's inflation is not high. 5 years from now, the inflation is about 3.4%. 10 years from now, the inflation will be about 2.9%. 20 years from now is about 2.2%. In the long run, the inflation will be about 2% for long time. So in the long run, the inflation rate will probably be lower than the Sia network growth rate besides the lost coins.

In return, Sia gets a robust and secured network and Sia can focus on the long term growth of its business and ecosystem. Siacoin’s value eventually will depend on people's expectation on the growth of the business and ecosystem on Sia network. So once the market figures out the proper marketcap of Sia, we will see the real price of the Siacoins.

In v1.2.0, Sia will implement a host Proof of Burn mechanism in which hosts have to burn certain siacoins to show that they are real and sincere for business to counter the sybil attack. When Sia network is getting mature, the estimate annual burned siacoins can be 0.1% to 0.5% of total available siacoins. The burned siacoins will offset the inflation in the long run. At some point, it could result in a deflation of siacoins."

[dbt1033]

very interesting, do you know sth about the coin quantity ? 24 billion coins seems a little much , you know why that many and if they plan to do something against the inflation?

Siacoin requires a large number of coins as that is what it uses to for payments, collateral and so on. Also a number of coins get lost(burned) permanently in the system process. Since it user base could be huge and decentralized a large number of coins are justified. Now that being said the price of the coin reflects that large # of coins. Look at the market cap to see it's value.

Awesome explanation.  Thanks.

[dbt1033]

Highest recorded volume on Sia since the last major pump.  This is the real deal.  I highly recommend that you buy this dip.

[McWorse]

I am a very new member and an also new player on the market. But three points leavin me sceptical:

1. the level "legendary" is still impressive
2. the SCs are rising synchrounously with your posts
3. bitcointalk is the number one adress in the www for cc

SC is promising - yes. I am holding some already. But is this is a test of the sphere of your influence, or do you want to sell a couple of coins at a good price ... ?

[dbt1033]

I am a very new member and an also new player on the market. But three points leavin me sceptical:

1. the level "legendary" is still impressive
2. the SCs are rising synchrounously with your posts
3. bitcointalk is the number one adress in the www for cc

SC is promising - yes. I am holding some already. But is this is a test of the sphere of your influence, or do you want to sell a couple of coins at a good price ... ?

This is my third speculation thread.

My first, on Decred, led to over 1000% profit

https://bitcointalk.org/index.php?topic=1741989.0

My second, on Lisk, led to over 200% profit (so far).

https://bitcointalk.org/index.php?topic=1832027.0

This one won't be any different.

[McWorse]

Well ... there's a different between 200 and 1000 percent - but:
We will see.

[dbt1033]

Well ... there's a different between 200 and 1000 percent - but:
We will see.

You're right.  

If you followed my Decred call, you have 10x more money than you put in.

If you followed my Lisk call, you have 2x more money than you put in.

People that followed this call already have 20% more money than they put in.

But what do I know?

[tehMoonwalker]

I am a very new member and an also new player on the market. But three points leavin me sceptical:

1. the level "legendary" is still impressive
2. the SCs are rising synchrounously with your posts
3. bitcointalk is the number one adress in the www for cc

SC is promising - yes. I am holding some already. But is this is a test of the sphere of your influence, or do you want to sell a couple of coins at a good price ... ?

the points that make you sceptical are actually points that should assure you

but its ALWAYS good to be sceptical, you should also never invest huge sums and never all on one horse.

but as the op said, he knows his stuff, siacoin,lisk are huge winners today

[McWorse]

Doing the Mulder:
I want to believe.
But as a beginner - and with the typical luck of such - I made 50% in 10 days. Of course: I did them with informations like the kind you give here, or an other one somewhere else. It is difficult to select the right hints. That's why I prefere to tickle sometimes, when I have the chance to.
What should convince me?
20% when I made 50?

In german we say:
Butter bei die Fische!

Means:
Awaiting explanations.