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Author Topic: [BREAKING NEWS]: Siacoin Set To Double Its Value This Week  (Read 3378 times)
Minecache (OP)
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June 20, 2017, 12:50:55 AM
 #1

If you've not got a gud healthy bag of Siacoin (SC) yet then I encourage you to do so over the next day or so. Major news will be released on Friday which is set to double the value overnight.

https://www.btc-echo.de/new-chains-on-the-block-siacoin-sc/

I tipped you off about ETH two years ago so don't miss out on Sia.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 21, 2017, 10:15:55 AM
 #2

It's definitely going to be a big few weeks for Sia! Hopefully the announcements will help bring more users to the platform in the coming months.
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June 22, 2017, 05:04:13 PM
 #3

Bought some of this coins today as I see the direction of this coin is going up but sold all of them after 8 hours of holding it just for the profits. Good thing I was able to sell it at my desired price as It has been a terrible week for me in trading. I win some, and I lose more.
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June 22, 2017, 05:13:57 PM
 #4

Bought some of this coins today as I see the direction of this coin is going up but sold all of them after 8 hours of holding it just for the profits. Good thing I was able to sell it at my desired price as It has been a terrible week for me in trading. I win some, and I lose more.

I know what you mean. . . but selling at the news, is not a good idea IMO. You could potentially double your investment. Ofcourse I'm not advising you, just saying.
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June 22, 2017, 05:16:56 PM
 #5

Screw doubling, when is it going to hit $0.50?
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June 22, 2017, 05:22:35 PM
 #6

Screw doubling, when is it going to hit $0.50?

Let it hit 0.05 cents first.  Wink
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June 22, 2017, 10:40:51 PM
 #7

Screw doubling, when is it going to hit $0.50?

maybe next years or more Cheesy, so just hold this coin for longterm if you want it  Wink

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Aquazi
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June 22, 2017, 11:16:08 PM
 #8

Siacoin is a shit coin with no realistic use, despite you believing it has for the storage thing.

It doesn't work (from a practical and economical point of view), it never will.

Maybe rumours and speculation will drive this coin higher, that I don't know. But Siacoin will never work as it indends to do.

People keep hyping it "because real use! people need storage! omg next dropbox", but they didn't spend 10 minutes with a calculator in their hand to understand how it works and if it is convenient for the hosts or the customers (even less practical for both).

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June 22, 2017, 11:46:04 PM
 #9

Siacoin is a shit coin with no realistic use, despite you believing it has for the storage thing.

It doesn't work (from a practical and economical point of view), it never will.

Maybe rumours and speculation will drive this coin higher, that I don't know. But Siacoin will never work as it indends to do.

People keep hyping it "because real use! people need storage! omg next dropbox", but they didn't spend 10 minutes with a calculator in their hand to understand how it works and if it is convenient for the hosts or the customers (even less practical for both).

ok, then explain us what are we dont understand. teach us. show it to the blind ones. be our yoda
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June 22, 2017, 11:49:03 PM
 #10

Screw doubling, when is it going to hit $0.50?

maybe next years or more Cheesy, so just hold this coin for longterm if you want it  Wink

Well if someone supporting a coin its should be for a long term purposes I think as long as the dev still providing updates things still in a brighter side make it happen even not today or this month sc will make it happen waiting for this news OP.

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June 23, 2017, 12:00:58 AM
 #11

Please see this thread starting from here for a great debate: https://bitcointalk.org/index.php?topic=1836426.msg19680713#msg19680713

Aquazi and I argue about pros/cons here.

Interpret it as you will Smiley

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June 23, 2017, 02:37:34 AM
Last edit: June 26, 2017, 10:03:10 PM by mprep
 #12

Screw doubling, when is it going to hit $0.50?
It's would be a rift in space time if it EVER hits $.50. Or at least before 2020 or some shit.



Siacoin is a shit coin with no realistic use, despite you believing it has for the storage thing.

It doesn't work (from a practical and economical point of view), it never will.

Maybe rumours and speculation will drive this coin higher, that I don't know. But Siacoin will never work as it indends to do.

People keep hyping it "because real use! people need storage! omg next dropbox", but they didn't spend 10 minutes with a calculator in their hand to understand how it works and if it is convenient for the hosts or the customers (even less practical for both).
Exactly. It's a nerds wet dream, a cool concept, but a dream. Corporations aren't going to use it before it's tried and true which leads to my next point. Normies won't use it because it doesn't work, yet, and it's still too god damn complicated to buy SC for them. Going to crash after the news. Like it always does.

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June 23, 2017, 02:45:18 AM
 #13

Siacoin is a shit coin with no realistic use, despite you believing it has for the storage thing.

It doesn't work (from a practical and economical point of view), it never will.

Maybe rumours and speculation will drive this coin higher, that I don't know. But Siacoin will never work as it indends to do.

People keep hyping it "because real use! people need storage! omg next dropbox", but they didn't spend 10 minutes with a calculator in their hand to understand how it works and if it is convenient for the hosts or the customers (even less practical for both).
Exactly. It's a nerds wet dream, a cool concept, but a dream. Corporations aren't going to use it before it's tried and true which leads to my next point. Normies won't use it because it doesn't work, yet, and it's still too god damn complicated to buy SC for them. Going to crash after the news. Like it always does.

Doesn't work yet? What kind of bullshit are you spouting. It works, even has a nice UI. The only barrier to entry is obtaining SC. Could be a good business opportunity for someone there. Fiat to SC service integrated in a fork of the native Sia client.

I agree with your point on corporations adopting it. We'll be seeing small to mid-sized businesses using it first.

And crash after the news? Probably. If not, yippie!

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June 23, 2017, 05:41:22 AM
 #14

I don't know if I am going to be sad or glad because I sold all my Siacoin for a little profit. And if I am going to still buy and hold some for long term.
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June 23, 2017, 03:43:17 PM
 #15

OP's claim: Double

Reality: Price correction

lol?
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June 23, 2017, 03:50:11 PM
 #16

Am I the only one missing the link between the need of PoW on this platform and the development of a miner as well?

How's that a benefit to the ecosystem and SC's premises?

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June 23, 2017, 04:56:09 PM
 #17

Am I the only one missing the link between the need of PoW on this platform and the development of a miner as well?

How's that a benefit to the ecosystem and SC's premises?

So the network can't be compromised. It's good they are solving this problem early in case Sia takes off quickly. Being preemptive.

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June 23, 2017, 05:09:11 PM
 #18

I am very sure that Sia will rise like ripple. It will be more than $1 in the following years. I think some big companies related to this industry will make an offer to buy Sia as well.
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June 26, 2017, 05:34:05 PM
 #19

One week's passed it's down 30% by the way, it didn't double.

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