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Author Topic: SIAcoin what to think about this  (Read 4673 times)
Peter_Holland (OP)
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May 20, 2017, 06:58:21 AM
 #1

I have been following Siacoin (SIA) for the last two weeks and it went up very fast, I read there webpage http://sia.tech/ I understood Sia will provide in data storage and in the future webhosting on the blockchain. So far they are still developing and they are checking software in ervery two days. But why are they so much up, I can't find that, there are like 26.000.000.000 coins already how can a project with that amount of coins be worth one dollar a coin for example, can someone explain that to me please.

I think LBRY is simulair to SIA or is that totally different? It would be great if an expert can tell me about these differences and give a forecast about the projects. Have a nice weekend everyone.
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May 20, 2017, 12:26:00 PM
 #2

This coin has a lot of fans in China, because the yunbi.com operators and investors have a layout, so the outlook is very good.
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May 20, 2017, 12:50:54 PM
 #3

I have been following Siacoin (SIA) for the last two weeks and it went up very fast, I read there webpage http://sia.tech/ I understood Sia will provide in data storage and in the future webhosting on the blockchain. So far they are still developing and they are checking software in ervery two days. But why are they so much up, I can't find that, there are like 26.000.000.000 coins already how can a project with that amount of coins be worth one dollar a coin for example, can someone explain that to me please.

I think LBRY is simulair to SIA or is that totally different? It would be great if an expert can tell me about these differences and give a forecast about the projects. Have a nice weekend everyone.
It could be affected by the ransomware virus, so for distributed cloud storage it's very good and the price goes up.I don't know about LBRY.
Peter_Holland (OP)
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May 20, 2017, 02:51:17 PM
 #4

This coin has a lot of fans in China, because the yunbi.com operators and investors have a layout, so the outlook is very good.

Okey that's nice to hear, thanks for your replay
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May 20, 2017, 05:47:28 PM
 #5

I have been following Siacoin (SIA) for the last two weeks and it went up very fast, I read there webpage http://sia.tech/ I understood Sia will provide in data storage and in the future webhosting on the blockchain. So far they are still developing and they are checking software in ervery two days. But why are they so much up, I can't find that, there are like 26.000.000.000 coins already how can a project with that amount of coins be worth one dollar a coin for example, can someone explain that to me please.

I think LBRY is simulair to SIA or is that totally different? It would be great if an expert can tell me about these differences and give a forecast about the projects. Have a nice weekend everyone.
It could be affected by the ransomware virus, so for distributed cloud storage it's very good and the price goes up.I don't know about LBRY.

Thats a very good point actually !

Have you checked in with the announcement thread all 236 pages to read through?
https://bitcointalk.org/index.php?topic=1060294.0;topicseen

Here is their roadmap > http://sia.tech/about/milestones/

There are a few others like MaidSafe and Storj  but for me SIA trumps them.

Sia offers a  reward for providing storage space and a penalty if you decide
to jump ship, delete other peoples information which is held on you hard-drive
and offer the same space to a competitor, this insures continuity of data storage!

I dont think Maid offers this, and to some extent Storj do, not sure about LBRY though.

R


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BTCat
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May 23, 2017, 09:38:59 AM
 #6

Sia will be King of datastorage on blockchain. Soon you will be surprised with huge mega partnerships and the marketcap will grow into the billions of dollars.
Invest and expect profits of 10x - 100x on longterm.

Hopefully they will develop on integration with Bitcoin and Ethereum networks.
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May 23, 2017, 10:04:34 AM
 #7

Sia will be King of datastorage on blockchain. Soon you will be surprised with huge mega partnerships and the marketcap will grow into the billions of dollars.
Invest and expect profits of 10x - 100x on longterm.

Hopefully they will develop on integration with Bitcoin and Ethereum networks.

isn't that spot already taken by burst? what sia have to offer over burst to be the king of data storage? burst is evne mined with storage sia is only gpu mined like many other coins, the recent price surge was only a pump and dump imho, the value is dumped as we speak

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May 23, 2017, 09:02:54 PM
 #8

Sia will be King of datastorage on blockchain. Soon you will be surprised with huge mega partnerships and the marketcap will grow into the billions of dollars.
Invest and expect profits of 10x - 100x on longterm.

Hopefully they will develop on integration with Bitcoin and Ethereum networks.

isn't that spot already taken by burst? what sia have to offer over burst to be the king of data storage? burst is evne mined with storage sia is only gpu mined like many other coins, the recent price surge was only a pump and dump imho, the value is dumped as we speak

Hmm I havent heard of Burst and there is not much talk about it here?

With Sia you can get rewarded for providing storage space without having
to MINE coins. With Burst you actively have to mine to get rewarded,
Do I have that right?

R


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May 23, 2017, 09:16:27 PM
 #9

I'm depressed. I had 8,000,000 sia bought at 12 and 17 sats in Feb last year. I sold at 96 sats (massive profit) because I felt that their wallet was crap. I don't like crap tech.

How do you think all this positive news makes me feel?? Please have some compassion! Cheesy
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May 23, 2017, 09:49:49 PM
 #10

SIA is just pumped and dumped like hundreds of other coins.
BURST is the real deal.
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May 23, 2017, 09:57:02 PM
 #11

SIA is just pumped and dumped like hundreds of other coins.
BURST is the real deal.

BURST is Bitcoin 2.0. We're now looking at Bitcoin 3.0 my friend.

Get into the groove!
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June 20, 2017, 09:05:49 AM
 #12

Digital coins are so hot, startups are selling them like an IPO https://bloom.bg/2ruv9Cj


....
For finance types there’s something else interesting about Sia. To buy storage space—or get paid for it—you need to use the system’s own digital tokens, called Siacoin. And on sites where people trade virtual currencies, Siacoin has surged more than 1,200 percent in U.S. dollar value since May 1. The total value of this startup money was about $400 million on June 13. Other digital coins have also gone through the roof. XRP, the token for a global payment system called Ripple, has increased almost 4,000 percent in the past three months, giving it a market value of about $10 billion.
...
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June 20, 2017, 09:56:27 AM
 #13

I like SIA and how it's dev team take responsibilities of setbacks and errors. I'm not sure it will ever reach $1 due to its nature of the business.
Don't forget that it's a niche specific coin so, it's hard for it to reach to the moon but, still one can earn good profit if bought low.
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June 20, 2017, 10:59:22 AM
 #14

ok ,bro ,I have decided to invest something only now.
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June 20, 2017, 11:01:28 AM
 #15

ok ,bro ,I have decided to invest something only now.
why? do you research this project ,you invest it  just somebody say it is a good coin... simple youg man .
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June 20, 2017, 11:55:33 AM
 #16

SIA is THE Moon Coin.
remember my words
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June 20, 2017, 12:14:17 PM
 #17

Anyone can share his average hashrate for dualmining siacoin?

atm i'm doing 300mh/s sia in dual with a msi 1070, but i don't know if it's good

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June 20, 2017, 12:54:51 PM
Last edit: June 20, 2017, 01:18:21 PM by HardFireMiner
 #18

Okay, so now I have almost 100% profit by holding SIA for three weeks. Quite impressive, too bad I didn't buy more, now I am afraid to buy at this price. Sad

Later Edit: I highly recommend every crypto holder to read a page or two about Sia and it's team, compare this information to any shitcoin (Eth, Ripple, Iota, ..... all the ico shitcoins) and you will see what a real Coin is.

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June 20, 2017, 02:16:32 PM
 #19

Obelisk is coming..... Friday...

Greets Hank
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June 20, 2017, 02:29:15 PM
 #20

it's a good coin, has the storage features, which is something unique, no other coin has storage like sia, the supply is high but the mining is profitable, since the supply is high you can't expect very high value, i would invest 10% of my saving there and wait for 5000 satoshi at least

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