Why Siacoin is going down?

It seems that whatever coin I touch it goes down. Now wondering why Siacoin as it was doing well until I bought it. Sad

If that's true I hate you.

Lmao.

I quit from Sia recently after a half a year. I hate its price behaviour. It's really strange, because they have a pretty good product and big amount of experienced staff...

I'm the same to you. Tomorrow I buy this coin and after that It down. Cry

SIA down, 0x down Cry

Idk, but I'm not going to sell the coins until the upcoming hard fork.

I think that this process is only temporary, because judging by the coin schedule, we can say that soon there will be growth, since the price is already lower than it was on the ICO, probably it is not worth it to sell at such a price.

Quote from: fred22 on January 03, 2018, 10:22:36 AM

It seems that whatever coin I touch it goes down. Now wondering why Siacoin as it was doing well until I bought it. Sad

Because you are buying it at the peak if you do not know about TA and FA analyzation and you must go to the reliable site and then try to learn a lot about that. this was obviously true how you buy all of your assets at peak, and can't be patience waiting for that asset goes down soon. it's really wrong.

I move all my funds from Sia to Qtum yesterday. Qtum didn't grow for a few days, but it has very strong fundamentals to be pumped as well as many others.

That is good guys, if you all really sell your Sia coins, it is time to moon! I will keep my Sia coins, it has a really industry changing product. Qtum is overvalued.

You should be ready to expect coins that go dump. Its just the way the market works.

Quote from: Tony116 on January 03, 2018, 10:31:22 AM

I quit from Sia recently after a half a year. I hate its price behaviour. It's really strange, because they have a pretty good product and big amount of experienced staff...

This is the reason why trading has an involved risk, due to it is unpredictable things, Now in Siacon I don't see any of the things it has that it has a potentiality, instead it is more in Pump and dump only. And it goes down because sellers always won in the game.

I have siacoin and I am going do the same as I did to btc and monero and I am sure that this is the best strategy:

Choose a coin that have no premining or max 5%

Find out who are the deve team and are honest and well known

See if the coin does have a reall world use

If you really believe that it has a value based on real world use, Buy it and dont check the price ever day and dont sell when its high or low.

We must observe and carefully calculate the fate of the Chart, we must remain calm, Siacoin is going through a restructuring process after the bomb, will have to prove its solidity, I will not be surprised if it drops to $ 0.008, it can prove the opposite if there is a major update.

Quote from: WalkerIVIV on January 03, 2018, 11:01:16 AM

Quote from: fred22 on January 03, 2018, 10:22:36 AM

It seems that whatever coin I touch it goes down. Now wondering why Siacoin as it was doing well until I bought it. Sad

True. Some are buying at peak like didn't even dare to wait its downside and without seeing the graph. Well, for newbie it's really hard to do TA so better for them just to learn to read the movement.

It's the market. I'd recommend to look at Elliott wave principle, u will understand a lot about the crypto market.

Lack of popularity and there is no indication of price rise, so people would rather invest in some other coin instead of a sleeping coin.

We are talking about the same siacoin right? Down??! Look at the graph, it rising and rising

picture upload

Siacoin is pumping and dumping, its currently unstable and so i dont really want to invest in that either. I would like to see it stabilize firstly before making any kind of investment.

Quote from: fatenmo on January 03, 2018, 02:39:58 PM

Siacoin is pumping and dumping, its currently unstable and so i dont really want to invest in that either. I would like to see it stabilize firstly before making any kind of investment.

For long term investment look if its a solid coin having a good real life use and if its still in beta fase having a massif potential anf having a good and honest development team.

Siacoin is pretty solid and dev team did deliver till now more than expectations. 2018 will be a huge for siacoin if you look at the road map. At 0.03 dollar its still a very cheap coin an can even reach 2/3 dollars by the end of 2018

Siacoin has been on the rise, especially with the Bitcoin rise, the value has almost gone over 250% since investing into it when it was at 550 Satoshies.

It will go crazy when the Obelisk ASIC miners are shipped out. in May and August as the batch 2 sales just started.

So keep at eye out for that rise.