Siacoin Epic Monster Moon

[Novize]

My speculation with sia is .03 by December.

You mean USD cents? .03 BTC would be insane (and impossible imho).

[FromTheStars]

yeah, cents.

[eagle10]

yeah, cents.

Hmmmn, if it's possible long live the keepers and holders of SIA coin. You got your wish.. (mine too) 

[jabbadahut]

Shouldn't the market cap of this coin really be compared to the lifetime revenue of a company, not the equity market cap? Equities are based on P/E ratio and extracting a dividend down the road. Without appreciation or earnings growth, making your money back on a stock with a P/E ratio of 10.5 would take 10.5 years. The coin market cap really isn't similar to that idea. It's closer to total money in the system....which the closest thing I can think of is revenue.

[MrSunshine]

Shouldn't the market cap of this coin really be compared to the lifetime revenue of a company, not the equity market cap? Equities are based on P/E ratio and extracting a dividend down the road. Without appreciation or earnings growth, making your money back on a stock with a P/E ratio of 10.5 would take 10.5 years. The coin market cap really isn't similar to that idea. It's closer to total money in the system....which the closest thing I can think of is revenue.

Not at this stage, which is really considered the angel investor stage. With stocks you don't get that chance to get in at the angel stage so rarely get the epic gains that angel investors get. In a few years when the product is mature and revenue is coming in you may have an argument.

[currypto]

3 cents...no problem IMO. In December we will only be 6 months away from the ASICs, and a bunch of nice development.

[CryptoManiacHen]

This is an entirely new asset class with a valuation model that has nothing to do with stocks or equities.  Apples and oranges.

Obelisk presale started yesterday.  The miner won't be delivered until June 2018.

Basically, there are 20,000,000 Siacoin available for mining per day.

The formula is 20,000,000/total miners.  That's per day.

 

[btc_angela]

Long term hold. I think Siacoin will probably survive but worried about short term price fluctuation. Buy and chill haha

Currently, Long term hold is the only option. It will survived indeed, too much hype on this coin already. I not worried about the short term fluctuation it will always be present on almost all coins. I just hope the their will be a lot of development on this coin so that we can see a good price around Dec 2017.

[Aquazi]

guYs, I KnoW it feLt 50 % But trUst me, i'M goNnA hOld, thIs coiN's GoIng To be woRtH 1000 $ In Few monThs, thE DeVeLoPers aRe FantAstiC, I hAve mUch TruSt iN ThiS cOin, in Fact I Am buyInG mOrE At ThIs Dip, doN't Sell or You'll ReGrEt It HehE Lol TrusT Me

[ekrififi]

You guys might want to check out this thread... Discusses the upcoming Obelisk SC1, reasons to buy, reasons to avoid, and the overall future of SiaCoin.

https://bitcointalk.org/index.php?topic=1836426.0

I'm of the opinion that ASICs are indicative of a coin's promising future, as every coin to get an ASIC (btc, dash, ltc) has skyrocketed afterwards...

[dazbog835]

You guys might want to check out this thread... Discusses the upcoming Obelisk SC1, reasons to buy, reasons to avoid, and the overall future of SiaCoin.

https://bitcointalk.org/index.php?topic=1836426.0

I'm of the opinion that ASICs are indicative of a coin's promising future, as every coin to get an ASIC (btc, dash, ltc) has skyrocketed afterwards...

you linked to this thread. was that intentional?

[ekrififi]

You guys might want to check out this thread... Discusses the upcoming Obelisk SC1, reasons to buy, reasons to avoid, and the overall future of SiaCoin.

https://bitcointalk.org/index.php?topic=1836426.0

I'm of the opinion that ASICs are indicative of a coin's promising future, as every coin to get an ASIC (btc, dash, ltc) has skyrocketed afterwards...

you linked to this thread. was that intentional?

That was a typo. Thanks for the catch. Take 2:

https://bitcointalk.org/index.php?topic=1976753.0

[rb1001]

I've made a video about Sia opportunities https://youtu.be/eqdvnEDocpE What do you think?

[dazbog835]

That was a typo. Thanks for the catch. Take 2:

https://bitcointalk.org/index.php?topic=1976753.0

good discussion. really helped me understand ASICs a lot more. thanks man!

[thekingmaker]

I believe in Siacoin. Storage is expensive, so it is a solution to a real world problem. Although I don't think it will be USD 0.3 by December.

[Tolrem]

Time to buy or is this sucker going deep? I sold at 800.

[Dafar]

I believe in Siacoin. Storage is expensive, so it is a solution to a real world problem. Although I don't think it will be USD 0.3 by December.

30 cent??

that's more than 10X where it is at now! I'd be happy with 10 cent... hell I'd be happy with 0.05 cents!!

Time to buy or is this sucker going deep? I sold at 800.

Well f*** you! I was about to sell at 800 but got greedy and though... why not sell at 1000?? Then THIS happened!!

Yes, I think under 550 is a good buy... but then again what do I know

[thekingmaker]

30 cent??

I missed a zero, should have quoted the post I was referring to. Sorry for that

[cattani30]

I believe in Siacoin. Storage is expensive, so it is a solution to a real world problem. Although I don't think it will be USD 0.3 by December.

30 cent??

that's more than 10X where it is at now! I'd be happy with 10 cent... hell I'd be happy with 0.05 cents!!

Time to buy or is this sucker going deep? I sold at 800.

Well f*** you! I was about to sell at 800 but got greedy and though... why not sell at 1000?? Then THIS happened!!
 
Yes, I think under 550 is a good buy... but then again what do I know

Story of my life bro...story of my life...

[Aquazi]

Two weeks gone, did it double yet?