Sia BOOMING...!

[anushkasachith888]

After long sleep finally Sc has woken up. I purchased Sc at .705 Satoshi now it is 524 Satoshi.
Feel like I should sell them after one more wave, What you guys think? should I hold Sc further more? What will be the future of Sc As you guys think ?

[Tidsdilatation]

Hard to say, any news on the development side of things? Normally on these coins thats what drives the price to surge. Some new feature or some intergration with another company. When it comes to Sia, im abit behind im afraid.

[anushkasachith888]

Hard to say, any news on the development side of things? Normally on these coins thats what drives the price to surge. Some new feature or some intergration with another company. When it comes to Sia, im abit behind im afraid.

As far as I know there is no major news from Dev. But there is a  Hard fork on 31st of this month - Jan.

[Bytem3]

Siacoin is an amazing project. Been following their work for almost a year now. Too bad I haven’t invested more and kept bigger chunk of the coins.

It passed $2.5 Billion market cap and is continuing to grow.

[sourish]

Siacoin is currently ranked in the Top 40 of all coins based on the market cap of slightly above $200 million dollars and estimated to hit the cap of over 40 billion soon enough.

[anushkasachith888]

Siacoin is an amazing project. Been following their work for almost a year now. Too bad I haven’t invested more and kept bigger chunk of the coins.

It passed $2.5 Billion market cap and is continuing to grow.

Then worth to hold right? But I was thinking was, for instance, take a coin like XDN, few days ago It was very cheap and now its price increased up to 500+ Satoshi which Sc got so many time to recover after last collapse of its price.

[anushkasachith888]

Siacoin is currently ranked in the Top 40 of all coins based on the market cap of slightly above $200 million dollars and estimated to hit the cap of over 40 billion soon enough.

over 40 billion ?  Do you think that they can achieve such a big target soon?

[slcryptoking94]

Sia Coin is really good project. so the boom is not surprise. it will definitely hit big$ in this year. so keep holding your Sia bag

[anushkasachith888]

Sia Coin is really good project. so the boom is not surprise. it will definitely hit big$ in this year. so keep holding your Sia bag

Project is damn good. That's correct, But there are many competitors for sia as well. am i right?

[cynical]

I'm am currently reading the Sia announcement thread - https://bitcointalk.org/index.php?topic=1060294.0
All 367 pages. As far as I can make out there are updates coming soon and they sell their own mining equipment.
there is something behind this.

[msuheb]

I have also learned about SIA recently...please share with  me some vital details...

[Name_none]

About a week ago I SC for a modest 220 satoshi and a couple of days I sold it for 250 satoshi, I'm looking at the dynamics of the price and I understand that it was a mistake ... it will be a lesson to study the road map of projects more

[weinuogpein0375]

This is a good news for us and there are many good news to support it. i will hold what i have and wait to see the really exciting moment to come. then, i can buy a big house  

[anushkasachith888]

I'm am currently reading the Sia announcement thread - https://bitcointalk.org/index.php?topic=1060294.0
All 367 pages. As far as I can make out there are updates coming soon and they sell their own mining equipment.
there is something behind this.

Thanks for the link. interesting why they sell their mining requirements ? Meanwhile I saw some one has said that they going burn some of Sia coins, it will reduce the supply and eventually it lead to rise the price of Sia.

[semobo]

After long sleep finally Sc has woken up. I purchased Sc at .705 Satoshi now it is 524 Satoshi.
Feel like I should sell them after one more wave, What you guys think? should I hold Sc further more? What will be the future of Sc As you guys think ?

The price boom was expected with siacoin and many experts predicted that it will be the altcoin of the year 2018.So this boom is just the beginning the price may go to the moon in some weeks or months so hold your siacoin if you want to make much profits or just trade it if you think you got enough profits from your investment.

[anushkasachith888]

After long sleep finally Sc has woken up. I purchased Sc at .705 Satoshi now it is 524 Satoshi.
Feel like I should sell them after one more wave, What you guys think? should I hold Sc further more? What will be the future of Sc As you guys think ?

The price boom was expected with siacoin and many experts predicted that it will be the altcoin of the year 2018.So this boom is just the beginning the price may go to the moon in some weeks or months so hold your siacoin if you want to make much profits or just trade it if you think you got enough profits from your investment.

I will hold thanks for the info. so far it is in a sleep what is the reason behind this sudden momentum. as far as I know there is no any news about Sc

[ethereumhunter]

After long sleep finally Sc has woken up. I purchased Sc at .705 Satoshi now it is 524 Satoshi.
Feel like I should sell them after one more wave, What you guys think? should I hold Sc further more? What will be the future of Sc As you guys think ?

I think it is better to still hold sia for a long term but we can sell it right now if you want too but for me, as long as the price does not increase higher than now, I think it is better to hold. same as you, I bought sia when the price is still in low price and now, I am amazed to see the price increase higher although it could get increase later.

[lizardbtc]

After long sleep finally Sc has woken up. I purchased Sc at .705 Satoshi now it is 524 Satoshi.
Feel like I should sell them after one more wave, What you guys think? should I hold Sc further more? What will be the future of Sc As you guys think ?

Depends, if you know what you are doing while trading you could build up and recover that loss easily. On the other side you may want to end up holding it for long run if you believe in their project. Some decentralized storage platform will probabbly be pumped, question is which. If they succesed to deliver and market their product in the right way you could earn a lot but it will take a lot of time.

[penig]

Been watching this one so long, but on Bittrex who wont verify me, so i've missed it    Its one of the few coins with actual product and real purpose.  Looking for a reason?  I'd suggest its smart people realising its doing what TRON claims, distributed data storage.  Maybe Maid, Storj, Golem etc are due a rocket...

[cynical]

I'm am currently reading the Sia announcement thread - https://bitcointalk.org/index.php?topic=1060294.0
All 367 pages. As far as I can make out there are updates coming soon and they sell their own mining equipment.
there is something behind this.

Thanks for the link. interesting why they sell their mining requirements ? Meanwhile I saw some one has said that they going burn some of Sia coins, it will reduce the supply and eventually it lead to rise the price of Sia.

I think you misunderstand, they sell their own mining rigs to anyone who wants to mine Sia coins.
With the Sia storage project anyone can become a host and be rewarded for that.
this year all hosts will have to burn some of their rewards to prove they are legitimate

https://bitcointalk.org/index.php?topic=1060294.7300

Is there SIA staking?

No.

Since SC is Proof of Stake, would I be staking if I leave my SC coins on my bittrex wallet?

If so, what is the stake recompense lets say you were holding 1 million SC? and for how long would I have to hold it for it to "mature"

Where have you read Siacoin is PoS? It is not, Sia is mined by Proof of Work (blake2b algorithm). So no reward for staking. If you need more info: https://siawiki.tech/about/pow_vs_pos

hi freinds some one help me to understand what meens the proof of burn in the eaod map of sia.
it can decrease the circulated supply or what

After a future update, hosts will have to burn a small fraction of their profits to demonstrate they are legit hosts (and so avoiding Sybil attacks). By burning them they are sent to a void address and so they can't be used again, reducing the circulating supply. With the current network size, the amount of burnt coins will be very small, but if the network of hosts becomes huge, the amount of coins burnt will be bigger than the the mining block reward (it will reach the minimal 30.000 coins of reward per block in 2020). If this happens the coin could become deflationary.