Topic: [ANN] Sia - Decentralized Storage - page 181. (Read 1382196 times)

Well, anyways, I took decision in July and had that feeling that did right choice as there is a product which is not bad in comparison, but due to make changes on the market   price is on the floor, I just wish I could buy now and not in July, but what to do, now  only can hope for the development and further growth.

A strange thing happened with the altcoins in the recent period

700 satoshi  in july . now 56 satoshi  Are we heading to 1 satoshi ?

siacoin Similar to dogecoin?

by the time sc releases the miner it will be worth 1 sat

Agreed, the only Sia ASIC is (or will be) the Obelisk.

hows the project going on ,is there a telegram channel that gives updates about the price and project 

But how can this mine SIA? Based on these specs, this is just a HP Proliant server and not even a good one, just has a lot of disk space but does not seem to be an ASIC or even have a GPU

The latest expected shipping date will be June of next year, but it can happen sooner if they have the product ready earlier.

No one can predict what the price of Siacoin will be once released, but these are some factors to take in mind:

- A huge misconception of several users is thinking that the ASICs will increase the amount of mined coins every day. That's not true: the algorithm of Sia (and every other coin) adjust the difficulty of mining to the amount of hashing power on the network. The same amount of coins will be mined every day, but 70% or more of them will go to ASIC owners instead of the current GPU miners

- Most of mining is right now done by GPU dual-miners. Dual miners don't look for the Sia in the long term and most of the times don't even know what Sia is: they just mine Ether and as a side they mine some Siacoins they sell immediately for the extra profit of their mining operation. Obelisk owners are mainly long-term supporters of the project, so probably they are prone to hold their gains rather than sell them immediately. So there is a chance that after the release the selling volume will decrease

- There is no clear economic theory that explains it, but in the past every coin for which an ASIC was developed saw a rise in the price, once released. It happened with Bitcoin, it happened with script coins and it happened with Dash. It could be because becoming the network considerably more safe, it generates more trust on investors. It could be because the value of the coin gets linked to the cost of all the hardware that is securing the network.

Can someone explain me what impact in the price level will have sale of miners?
Do the shipment already begun?

Have low buy orders ready for Sia coin which is a great project Btc is very high right now so all alts are taking a beating

Down -50% but still hodling. The team is active and every thing they say is being accomplished. Wouldn't sell it.

Presale ends late November, shipping is due to start around June 2018.

$2499

As far as I've read now on the website of sia - who can now stop every moment the preorder of the miners. and start production. More than half of the miners are sold. And I believe that even the start of production could increase the value of the sia. Do you not think so?

@Rogermoon, why are you posting the same exact message that was posted by another user 10 days ago? Do you have any specific interest generating a negative feelings towards Sia? Very interesting to see so many accounts with low score hanging around with negativity so suddenly bellow the original message you copied:


And if anyone  has still doubts about the developers making or not progresses, take a look a the new proposed changes posted last Friday:

Jute Merging Algorithm: https://gist.github.com/DavidVorick/20a1f9f47fa56390039144d7f8dec074
New Database: https://gist.github.com/DavidVorick/520e0dcc2458902f29ac163750c3f84d
Renter Propsal: https://gist.github.com/DavidVorick/d9f70ea668a8104ee8f42d2dc6d3164b
Fee Market Mechanics Proposal: https://gist.github.com/DavidVorick/ba17fb7db50b9270d1c2131ff425422b

saturated hearing all the information like garbage strewn.

same like me now that feels better knowing I'm not alone. I'm still holding my Sia hopefully next year will be better for all of us.

Today I have realized that my decision to invest in SiaCoin was wrong.
I mean my entry point was the mistake. Unfortunately, my biggest investment ever was in SiaCoin.

I realized when I checked my portfolio today after long time.
-89% is the lose currently I am digesting.  Sad
I am not getting any hope in price increase sooner.  Cry

Btw what is SiaFund? Is it anything new?

Predicting based on the price that the project is abandoned is pretty lame. It's not hard to get the recent news from the dev team. Price will rise, at the latest when the inflation starts to decrease.

LIAR, did you not see what Hakkane wrote a few posts back:

6 Pull Requests have been merged to the main code on the last 7 days: https://github.com/NebulousLabs/Sia/pulse . 24 merged Pull Requests and 90 closed Issues in the last month. This public progress report was made by the CEO of Nebulous and Core developer David Vorik 4 days ago: https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/

just look at STORJ, 2 year low hit already, sia goes same way. stay safe