Why buy Siacoin?

[Hardva]

 I am thinking of distributing my portfolio, 50% I have it in BTC, the rest, I still do not know what coins to buy, so good there are, among them siacoin ...regards

[surfinonmyownwavebaby]

I would stay away from Sia at the moment it is showing it doesn't have a floor and I wouldn't want to get into that alt unless there was more of an alt party happening. I like the BTC % spilt though that is good.

[jameshugo17]

Siacoin exhibited a long period of decline. I do not anticipate how much the price will recover. Looking at the current situation does not make sense to buy Siocoin.

[TimtheYoutuber]

If you hold siacoin you will regret every single day. I would not recommend buying it.

[Hardva]

Oh, thnks to all

[Pickle-Rick]

Agreed with the above. Stay away.

[GubiMixa1292]

I suggest not to buy Siacoin because they increase their supply few months ago so the price will hard to reach the last top price. 

[housebtc]

I would recommend staying away form most of these ALtcoins until the market sentiment change, no one is buying them as you can see from the trade volume

[btcney]

I am thinking of distributing my portfolio, 50% I have it in BTC, the rest, I still do not know what coins to buy, so good there are, among them siacoin ...regards

Well first off it will obviously help diversify your portfolio, which is priceless. Right now you only have a position in bitcoin which really is risky in this day and age where bitcoin is super duper volatile on a daily basis(sometimes more volatile than altcoins).

Secondly, it's coming off a huge rally and now is settling under 50 satoshis.

This is the time you want to buy, instead of buying when the run up was happening. Right now, it's in the accumulation/smart money phase for siacoin in my opinion. It's got a pretty good team behind it, why not stack up some while it's cheap.

[Cashcash]

The price is good for buying. There is a possibility of a pump because it is in Poloniex.

[allcryptominer]

I am thinking of distributing my portfolio, 50% I have it in BTC, the rest, I still do not know what coins to buy, so good there are, among them siacoin ...regards

Well first off it will obviously help diversify your portfolio, which is priceless. Right now you only have a position in bitcoin which really is risky in this day and age where bitcoin is super duper volatile on a daily basis(sometimes more volatile than altcoins).

Secondly, it's coming off a huge rally and now is settling under 50 satoshis.

This is the time you want to buy, instead of buying when the run up was happening. Right now, it's in the accumulation/smart money phase for siacoin in my opinion. It's got a pretty good team behind it, why not stack up some while it's cheap.

I have to agree with the gentlemen before me. I believe now is the time to buy Sia if ever. I'm down a lot of BTC investing in sia when it was around 300-450 sat but I bought some more at 50 sat just to lower my entry point, time will tell if it was a good move or not.

[seriousbusiness]

Dont buy Sia or you will be a bag holder like many other guys here. Sia isnt about profit. Just read some interviews with the developers.

[Makkara]

as other have said there is no sign something big is going to happen, and given the previous choices made about the future of the project i don't see many reasons to buy

[Paypex]

I won't buy siacoin. Lot of more option is available if one looking for investing some BTC in Alts. NEO, ETH, Binance, Walton may be good option.

[coastbank]

I also don't want to buy sia anymore (I was enjoying it in past) Storj surpassed sia in many ways, development speed, value, partnerships... So I think storj will be better.

[arseaboy]

The price is good for buying. There is a possibility of a pump because it is in Poloniex.

That's the advantage with this coin, its been added to much bigger exchange any time investors will be able to pumped as we seen
that it's still cheap and the development still young so there's a lots of chances that this project will rise in the near future.

[cabron]

Are all those that replied here fudsters alone? 

You guys should be calculating profit upon investing too. Look how cheap SIA is and how its potential to go beyond 0.01$ so lets say you have about 50K of it now after buying at the current price. Imagine how much you could get later on with a simply price movement.

[Fabsquire]

I personally would still be a bit more patient and try to keep notice of the price movements in the next couple of weeks if you're thinkin about investing.
I think 300M marketcap is not necessarily cheap for sia at the moment..

[leea-1334]

Well first off it will obviously help diversify your portfolio, which is priceless. Right now you only have a position in bitcoin which really is risky in this day and age where bitcoin is super duper volatile on a daily basis(sometimes more volatile than altcoins).

Secondly, it's coming off a huge rally and now is settling under 50 satoshis.

This is the time you want to buy, instead of buying when the run up was happening. Right now, it's in the accumulation/smart money phase for siacoin in my opinion. It's got a pretty good team behind it, why not stack up some while it's cheap.

I have to agree with you on this, and not purely because I was an idiot who bought at 120 satoshis, thinking the price had floored. Even at 50 satoshis, should it even go lower to 25, you then stand a far easier climb back up to 50. Yes, the market supply increased, yes miners are dumping because they are co-mining especially with Monero and Ethereum, but Sia is one of the hedge alts. It did rally too soon, and dumped as well, while demand for the storage service has not even come in yet. You can hold significantly long without too much risk of losing it all.

[SriNr]

i think Siacoin is a unique coin because you can use its decentralized network to store data across the world across many computers.
Siacoin had a bubble and its price is very low now but still many people like to try to buy this coin online.