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June 27, 2017, 02:47:07 PM |
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I would have to say more hope than most coins out there, since this is one of the few with an actual use/business plan. But I agree when coins take a slide, makes a person a but nervous about holding.
Don't quote me on this, but I think it will be back up in no time. Its just been hit by a double whammy, which is actually a positive. First whammy, is that almost all coins tumbled this week. That one isn't quite a positive. Unless your looking to buy. The double whammy came in when they announced this week that they have a manufacturer to make ASIC miners for Sia. This upset alot of small miners, as they feel they will have to move elsewhere to mine. Personally I don't think that many ASIC's will sell, that people will have to move to greener mining pastures. But it does allow Sia to build up a bit of trust in the coin. As this coin needs trust more than any almost any other coin, since Sia is the backbone for a Cloud Storage project they are creating, and in order to get customers trust enough to store their data in this cloud, they need to work at building alot of trust in the system first.
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