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Topic: [ANN] Sia - Decentralized Storage - page 184. (Read 1382196 times)

hero member
Activity: 1834
Merit: 639
*Brute force will solve any Bitcoin problem*
October 27, 2017, 01:04:35 PM


Thanks a lot. It is my pleasure servicing the community  Smiley

Love this community!

SIA has many lucky china comrades fortune yes Cool weeeee



https://poloniex.com/exchange#btc_sc


#going to boom!


legendary
Activity: 1232
Merit: 1001
October 27, 2017, 12:38:16 PM


Thanks a lot. It is my pleasure servicing the community  Smiley

Love this community!
sr. member
Activity: 422
Merit: 270
October 27, 2017, 09:43:08 AM
i saw this morning that i can buy a "Minebox siacoin" for around 1750 dollar but still not know if it could give some ROI , does anyone know how many sia i can mine with this (asic ?)
Minebox is not an ASIC or "mining" gear. It is a Network Attached Storage that automatically backsup your data to the Sia network, and the remaining storage is offered to host other's data, getting some SC. You will get some SC, but I don't think you'll ever make ROI with it, specially as the 16TB version you are checking is overpriced in my opinion. It is however an excellent solution for people that have a huge amount of data to save and don't have already a NAS at home.

If you are only interested on the profits, its is still possible to make ROI of your disks if you assemble your own hosting computer, but definitely not with Minebox.

If you are interested on ASICs, there is one being developed right now: https://obelisk.tech/

Thank you for such detailed information, you provide great info and give positive support to Sia holders, I also believe that Sia and wish all the best to it. And the website you created is very cool, I was impressed to see such job from a fan.

Thanks a lot. It is my pleasure servicing the community  Smiley
sr. member
Activity: 490
Merit: 252
October 27, 2017, 09:30:37 AM
Why are people panicking? You know that we are currently dealing with BTC forks.
legendary
Activity: 1932
Merit: 1005
October 27, 2017, 09:21:36 AM
i saw this morning that i can buy a "Minebox siacoin" for around 1750 dollar but still not know if it could give some ROI , does anyone know how many sia i can mine with this (asic ?)
Code:
Specification Minebox 8TB Minebox 16TB
HP Model HP ProLiant MicroServer Gen8 G1610T HP ProLiant MicroServer Gen8 G1610T
HP Model version 819185-001 819185-001
Processor Intel® Celeron® G1610T 2.4GHz Intel® Celeron® G1610T 2.4GHz
Processor cores 2 cores 2 cores
Cache Memory 2MB (1x2MB) L3 cache 2MB (1x2MB) L3 cache
Memory 4GB (1x4GB) PC3L-128000E DDR3 UDIMM 8GB (2x4GB) PC3L-128000E DDR3 UDIMM
Network controller HPE Ethernet 1Gb 2-port 332i Adapter HPE Ethernet 1Gb 2-port 332i Adapter
Storage controller HPE Dynamic Smart Array B129i Controller HPE Dynamic Smart Array B129i Controller
Hard Drive 2x Seagate IronWolf 4TB 2x Seagate IronWolf 8TB
Internal storage 4 LFF NHP-SATA HDD CAGE 4 LFF NHP-SATA HDD CAGE
PCI-Express slots 1 standard (1-Low Profile) PCIe 2.0 1 standard (1-Low Profile) PCIe 2.0
Power supply 150W 150W
Fans One (1) Non-redundant system fan ships standard One (1) Non-redundant system fan ships standard
Operating System Minebox OS 1.0? Minebox OS 1.0?
Form factor Ultra Micro Tower Ultra Micro Tower
Warranty 1-year parts 1-year parts
Size 229.7 x 232.4 x 245.1 mm 229.7 x 232.4 x 245.1 mm[code/]
legendary
Activity: 1232
Merit: 1001
October 27, 2017, 07:42:05 AM
Wow.  Sia storage contracts going to the moon!  https://siastats.info/total_contracts.html

Seems to be picking up some traction.  Wait for it....
legendary
Activity: 1232
Merit: 1001
October 27, 2017, 05:32:21 AM
What happenend with the price? Huh

Speculation happened. It will recover as it always does.


Well, I hope so. I bought it at a much higher price a couple off months ago. Smiley

You will be laughing your way to the bank in a couple of years.  Sia actually has real cloud platforms using it as a backend.

I've got some extra siafunds to sell.  Selling 10 SiaFunds @ 3BTC each, which is the going rate over on the Bisq exchange.

Info about siafunds: https://siawiki.tech/wallet/siafund
newbie
Activity: 56
Merit: 0
October 27, 2017, 04:38:55 AM
What happenend with the price? Huh

Speculation happened. It will recover as it always does.


Well, I hope so. I bought it at a much higher price a couple off months ago. Smiley
newbie
Activity: 56
Merit: 0
October 27, 2017, 03:57:07 AM
What happenend with the price? Huh
jr. member
Activity: 57
Merit: 1
October 27, 2017, 02:23:53 AM
Thanks guys, will look into Bittrex.
full member
Activity: 616
Merit: 167
October 27, 2017, 01:49:28 AM
Being new to cryptocurrency - what is the best way of buying Sia? Is the "exchange rate" the same using shapeshifer and bittrex? No use in wasting Sias

I recommend you buy Siacoin in bittrex or poloniex, shapeshit has most high exchange fee, about 5%-10%, I don't recommend such "instant" exchange, you can buy sia and withdraw it from bittrex or polo instantly.

Yes avoid shapeshift where you can, the exchange rate or spread of exchange can be ridiculous! Might be a bit more work to get on an exchange but it is generally worth it. Bittrex is the biggest but there is a few others. On coinmarketcap website if you go to Siacoin then select 'markets' it will say where you can get sia from Smiley
hero member
Activity: 588
Merit: 501
October 27, 2017, 12:55:43 AM
Being new to cryptocurrency - what is the best way of buying Sia? Is the "exchange rate" the same using shapeshifer and bittrex? No use in wasting Sias

I recommend you buy Siacoin in bittrex or poloniex, shapeshit has most high exchange fee, about 5%-10%, I don't recommend such "instant" exchange, you can buy sia and withdraw it from bittrex or polo instantly.
newbie
Activity: 39
Merit: 0
October 27, 2017, 12:42:03 AM
Perhaps the low adoption of users and low usage of available storage is the reason for SC dropping. I have not tested Sia from a end user perspective, but if it is not super easy to buy storage as an end user, they will not attract private users who I think is a great market.

It's not overly easy and not ready yet for average Joe use. However that is not the goal. The aim is to be a back-end for 3rd party services.

It's more important to implement certain features first. believe me. you don't want to release a product for mainstream use before it's ready. first impressions count. that's why they're not promoting it as of yet.

Read this

https://www.reddit.com/r/siacoin/comments/785q7k/the_cost_to_own_1_million_sia_coins_is_cheap/dot598m/

What does that have to do with what I said?
member
Activity: 78
Merit: 10
October 26, 2017, 09:38:37 PM
back up to 300
jr. member
Activity: 57
Merit: 1
October 26, 2017, 05:32:14 PM
Being new to cryptocurrency - what is the best way of buying Sia? Is the "exchange rate" the same using shapeshifer and bittrex? No use in wasting Sias
sr. member
Activity: 546
Merit: 250
October 26, 2017, 04:21:08 PM
As an investor it doesn't help me you know, if company is growing and me as investor is sinking. BTW what growth you are talking about? was it all about twitter/facebook/reddit? and some xyz joining the company Huh. How someone can justify company growth when price is sinking?

In the end it is all about the price.

Is not the growth of the "company" (Nebulous Inc, the company of the developers) what those graphs mentioned by the other user are talking about, but the organic growth of the Sia network. Price charts of coins are totally unrelated to the status of a network or project, and this is specially true for Sia, where the price can be going down but every other network health indicator goes in the opposite direction. Price charts only represent the mood of investors.

Wall Street investors don't make decisions based exclusively on the price charts: they check quarter reports, figures of internal growth, international expansion, operational milestones... Good investors will buy when everybody else is selling because the have access to more information. Crypto investors should be doing the same thing and get more information than just the price charts of the exchanges.

For whoever is interested in these other indicators about the Sia network, I own the website https://siastats.info . I am an independent developer not related to Nebulous. Check charts like active contracts, total contracts, transactions, used storage... all of them show a grow in the use of Sia and a healthy network. Check also the monthly community updates and tri-annual updates on the Sia official blog.

How is sia progressing, seems to have gorn very very quite. anyone know if the github is active or if they have one?

Just google "Sia GitHub" ad you'll find it. Quiet? Absolutely no. For instance, check this development report from yesterday https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/

Thank you for such detailed information, you provide great info and give positive support to Sia holders, I also believe that Sia and wish all the best to it. And the website you created is very cool, I was impressed to see such job from a fan.
member
Activity: 161
Merit: 20
October 26, 2017, 10:51:37 AM
How is sia progressing, seems to have gorn very very quite. anyone know if the github is active or if they have one?

Just google "Sia GitHub" ad you'll find it. Quiet? Absolutely no. For instance, check this development report from yesterday https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/
[/quote]

Good to see that there is some activity going on! But how do you think SIA is positioned against its competition?
full member
Activity: 275
Merit: 101
October 26, 2017, 09:52:45 AM
Siacoin growth is shrinking. this happens as we see it today.
yes agree with you. When i first bought sia its supply was near 22b and price @ 414 Sat and i have lost it all... some because of BTC price and also due to its supply which is over 30b now and counting.  Undecided

Sia use is growing and growing ... Dont set in your mind that the Sat price is the companys use graph !

Here are the October News of Sia Team

https://blog.sia.tech/sia-community-update-october-ecf673f41e96

TAKE A LOOK AT THE Use Graph Size of total Contracts in the SIA Network ...

So I really think SIA is growing very well ....





As an investor it doesn't help me you know, if company is growing and me as investor is sinking. BTW what growth you are talking about? was it all about twitter/facebook/reddit? and some xyz joining the company Huh. How someone can justify company growth when price is sinking?

In the end it is all about the price.

As a real investor you should buy and buy at any price 2017 - because every day people who mine get theyr coins from mining. A friend of mine makes 2000 Sias a week. I am too lazy to mine so I buy every month a amount to get the inflation out of the coin.

Be sure that mining 2021 isnt so easy so the price of the coin will go much much higher then these days.

I think you really dont understand that u invest in years not in month in the ALTCOINWORLD

I am so happy That I bought another 20k Sia for less then aprx. 60 USD lol ...

Dont cry for the falling price buy and be happy on other days.

Take a look at my posted links here they are again.

Roadmap:
https://trello.com/b/Io1dDyuI/sia-public-roadmap

Sia Blog:
https://blog.sia.tech/

FAQ:
https://siawiki.tech/faq

Dont forget to buy and buy because mining is easy this days. Take a look at the smart contracts rate from 2015 till now ... Thats the real investment not the Satoshi you have 2017
https://blog.sia.tech/sia-community-update-october-ecf673f41e96
sr. member
Activity: 422
Merit: 270
October 26, 2017, 09:18:04 AM
As an investor it doesn't help me you know, if company is growing and me as investor is sinking. BTW what growth you are talking about? was it all about twitter/facebook/reddit? and some xyz joining the company Huh. How someone can justify company growth when price is sinking?

In the end it is all about the price.

Is not the growth of the "company" (Nebulous Inc, the company of the developers) what those graphs mentioned by the other user are talking about, but the organic growth of the Sia network. Price charts of coins are totally unrelated to the status of a network or project, and this is specially true for Sia, where the price can be going down but every other network health indicator goes in the opposite direction. Price charts only represent the mood of investors.

Wall Street investors don't make decisions based exclusively on the price charts: they check quarter reports, figures of internal growth, international expansion, operational milestones... Good investors will buy when everybody else is selling because the have access to more information. Crypto investors should be doing the same thing and get more information than just the price charts of the exchanges.

For whoever is interested in these other indicators about the Sia network, I own the website https://siastats.info . I am an independent developer not related to Nebulous. Check charts like active contracts, total contracts, transactions, used storage... all of them show a grow in the use of Sia and a healthy network. Check also the monthly community updates and tri-annual updates on the Sia official blog.

How is sia progressing, seems to have gorn very very quite. anyone know if the github is active or if they have one?

Just google "Sia GitHub" ad you'll find it. Quiet? Absolutely no. For instance, check this development report from yesterday https://www.reddit.com/r/siacoin/comments/78nr20/development_and_progress_update/
full member
Activity: 258
Merit: 103
October 26, 2017, 08:21:17 AM
How is sia progressing, seems to have gorn very very quite. anyone know if the github is active or if they have one?
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