Siacoin Epic Monster Moon

[dannycarrey]

Bought it at 56 now is 48 ....

BTW. where do you keep your siacoins? Official wallet? Do you "rent" your space or just keeping coins for speculation ?

i downloaded the oficial wallet, its not bad the sync takes forever tough

This why Im asking about another wallet sync takes hours. Do you rent place on you hdd?

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[dbt1033]

Bought it at 56 now is 48 ....

BTW. where do you keep your siacoins? Official wallet? Do you "rent" your space or just keeping coins for speculation ?

i downloaded the oficial wallet, its not bad the sync takes forever tough

This why Im asking about another wallet sync takes hours. Do you rent place on you hdd?

Mine are on exchange.  I'm a trader.

[Novize]

Keepin it on exchange as well (trader).

[rchstr]

Hi, I just want to ask why you cant deposit or neither withdraw your siacoin on poloniex? is there updates or something? I bought my SC this day and hopes it will be successful coin someday. cheers

[puremage111]

Tbh siacoin is really good project but sadly Dev doesn't plan to maximize the total coin supply cap at an amount (Currently)

Even with the inflation % rate, if the coins supply goes unlimited, i think it will never reach a high price but guess Dev doesn't want the coin to reach high price.

I remember once he said that he wanted offer this service so everyone can use and pay for the storage service for cheap price so yeah

[tehMoonwalker]

Tbh siacoin is really good project but sadly Dev doesn't plan to maximize the total coin supply cap at an amount (Currently)

Even with the inflation % rate, if the coins supply goes unlimited, i think it will never reach a high price but guess Dev doesn't want the coin to reach high price.

I remember once he said that he wanted offer this service so everyone can use and pay for the storage service for cheap price so yeah

this can also be a tactic to spread your new product, ether also only recently said they will limit the supply

[WestHarrison]

Tbh siacoin is really good project but sadly Dev doesn't plan to maximize the total coin supply cap at an amount (Currently)

Even with the inflation % rate, if the coins supply goes unlimited, i think it will never reach a high price but guess Dev doesn't want the coin to reach high price.

I remember once he said that he wanted offer this service so everyone can use and pay for the storage service for cheap price so yeah

Everyday many sia coins are burned and taken out of supply forever. That's why the inflation is kept in place, it simply replaces the coins that are burned.

From the siatalk forums:

"A key part of Sia's approach to stopping Sybil attackers is proof-of-burn. Hosts burn coins by sending them to a provably unspendable address. Hosts are expected to burn a portion of their revenue (~4%) as a demonstration that they are real. Renters will select hosts that have burned coins with a probability that grows in a linear relationship to the total number of coins burned. Therefore, a host that has burned 2x as many coins will be twice as likely to be selected as another host that has all other factors the same. This provides a very important defence against Sybil attacks. An attacker that is trying to manipulate a renter will need to have all of the excess redundancy of a file before being able to commit an attack. For a file with 3x redundancy, that means the attacker will need to get at least 2.1x of that redundancy, which means that the attacker will need to burn enough coins to look like 67% of the network. That entails burning 1.5x as many coins as the rest of the network has burned combined. Especially as the network grows and matures, collecting that many coins is going to be prohibitive. Unlike proof-of-stake systems, it's not sufficient to just collect those coins, they actually need to be burned, which means there's no chance of recovering that investment. While not wholly infeasible, performing a Sybil attack on Sia should be more expensive than performing a 51% attack on Bitcoin. Even better, paranoid renters can protect themselves more fully by using a higher redundancy. Renters storing at 10x redundancy are safe unless the attacker looks like 91% of the network, requiring the attacker to burn 9x as many coins as the rest of the network combined to be successful."

[p2607]

Bought 600k at 0.00000055. Your successfull Decred and Lisk predictions made me invest
What do you expect to see in let's say 6-12 months?

[tehMoonwalker]

Bought 600k at 0.00000055. Your successfull Decred and Lisk predictions made me invest
What do you expect to see in let's say 6-12 months?

i agree lisk and especially decred show that dbt1033 knows his shit

if siacoin will explode someday youre rich i bought 90k

[ibatcakes]

haha, but guys we are in for a long ride. we should try to help the project out by contributing with ideas maybe even some projects, that would be for our own good.

[pajrinn]

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/

I agree and I am in

[ibatcakes]

Looks like siacoin is gaining some momentum

[greyflash]

dbt1033 just came made an account here to say you are the man! 

[AnCap101]

Bought 600k at 0.00000055. Your successfull Decred and Lisk predictions made me invest
What do you expect to see in let's say 6-12 months?

i agree lisk and especially decred show that dbt1033 knows his shit

if siacoin will explode someday youre rich i bought 90k

I am in for a bit over 115k

Hopefully we all can retire!!!!!!

[cryptogasm]

What is a good buy on SIA right now?

[landwind]

Do you guys think this coin can reach 1-10 Dollar in long term?

[p2607]

Do you guys think this coin can reach 1-10 Dollar in long term?

For $1 a piece to happen SiaCoin will need 1.5x the current marketcap of Bitcoin. I don't see that happening tbh, but I see great profits to be made .

[muddafudda]

One of the great differentiators of the Sia platform is to reward you for being part of the contract storage network. Let's say you provide your machine to store some of the encrypted contracts and so you will be rewarded in Siacoins (farming).
Just grate things ahead of us.

[ivan1975]

Nice, volume is growing.
I bought some.
Strong resistance at 65-66 sat.

[Higher Altitude]

Uhmmm...when is that epic monster moon gonna kick in? It's just trading sideways now and I don't know enough about technical analysis to read it from your chart.

I'm in for 1M btw