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Topic: [ANN] Sia - Decentralized Storage - page 205. (Read 1382196 times)

sr. member
Activity: 1181
Merit: 259
September 07, 2017, 05:24:11 PM
It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

really a good project and this very cheap, I remember when it was worth 300 satoshi, and think that it fell so much


I spread mine of 20 coins.

How can you monitor all those coins?


With google spreadsheet. I create a tab for each coin, and grab the prices in USD and BTC from function calls to exchanges with web service API calls.
On the 1st tab of the spreadsheet I grab key data for all the coins and get a summary of their value. I also grab the hourly, 24 hour and 7 day change for each coin. I also place sell targets here as well.

Wow, you are a savage, man. Handling so many coins in a professional way. Seems like you have got a lot of experience!!

I am developer so like things organized. Crypto can be a little complex with wallets, exchanges and such so I like to know where everything is. Also come tax time I will know cost basis and if it is a short or long term gain. 
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
September 07, 2017, 02:33:13 PM
It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

really a good project and this very cheap, I remember when it was worth 300 satoshi, and think that it fell so much


I spread mine of 20 coins.

How can you monitor all those coins?


With google spreadsheet. I create a tab for each coin, and grab the prices in USD and BTC from function calls to exchanges with web service API calls.
On the 1st tab of the spreadsheet I grab key data for all the coins and get a summary of their value. I also grab the hourly, 24 hour and 7 day change for each coin. I also place sell targets here as well.

Wow, you are a savage, man. Handling so many coins in a professional way. Seems like you have got a lot of experience!!
sr. member
Activity: 1181
Merit: 259
September 07, 2017, 01:29:32 PM
It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

really a good project and this very cheap, I remember when it was worth 300 satoshi, and think that it fell so much


I spread mine of 20 coins.

How can you monitor all those coins?


With google spreadsheet. I create a tab for each coin, and grab the prices in USD and BTC from function calls to exchanges with web service API calls.
On the 1st tab of the spreadsheet I grab key data for all the coins and get a summary of their value. I also grab the hourly, 24 hour and 7 day change for each coin. I also place sell targets here as well.
sr. member
Activity: 1181
Merit: 259
September 07, 2017, 01:24:13 PM
Train starts moving Wink shopping time is now!

Fingers crossed! I'm all in!  Grin

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.

Poverty mindset has been pounded into you; my deepest sympathies.

Poor people believe you shouldn't put all your eggs in one basket, billionaires put all their eggs in one basket and do everything in their power to make sure their basket isn't knocked over.

Well I am doing just fine. Up 40x this year with a diversified portfolio, how are you doing? Also I am all in in cryptocurrencies in my non-IRA portfolio, so my eggs are all in one basket in a sense.
sr. member
Activity: 1050
Merit: 295
September 07, 2017, 01:16:30 PM
Train starts moving Wink shopping time is now!

Fingers crossed! I'm all in!  Grin

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.

Poverty mindset has been pounded into you; my deepest sympathies.

Poor people believe you shouldn't put all your eggs in one basket, billionaires put all their eggs in one basket and do everything in their power to make sure their basket isn't knocked over.
Funny. That suddenly puts a lot of things in perspective
member
Activity: 74
Merit: 10
September 07, 2017, 12:53:33 PM
sia is doing well, i picked some up at 25 satoshi and hodl longterm.... by the way i think obelisk is a good decision.
newbie
Activity: 48
Merit: 0
September 07, 2017, 12:36:41 PM
Train starts moving Wink shopping time is now!

Fingers crossed! I'm all in!  Grin

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.

Poverty mindset has been pounded into you; my deepest sympathies.

Poor people believe you shouldn't put all your eggs in one basket, billionaires put all their eggs in one basket and do everything in their power to make sure their basket isn't knocked over.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
September 07, 2017, 08:45:46 AM
It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.

really a good project and this very cheap, I remember when it was worth 300 satoshi, and think that it fell so much


I spread mine of 20 coins.

How can you monitor all those coins?






sr. member
Activity: 1181
Merit: 259
September 07, 2017, 08:03:57 AM
Train starts moving Wink shopping time is now!

Fingers crossed! I'm all in!  Grin

Don't put your eggs all in one basket, I spread mine of 20 coins. Shitcoins get a small %. Quality coins like Sia get 5%+ of the total portfolio.
newbie
Activity: 3
Merit: 0
September 07, 2017, 02:37:55 AM
It seems like the perfect time to invest. Personally put in 7 BTC (23% of portfolio) an hour ago.
There are few problems, but this altcoin looks to be the most promising for mid-long hold.
sr. member
Activity: 1112
Merit: 256
September 05, 2017, 07:39:52 PM
Train starts moving Wink shopping time is now!

Fingers crossed! I'm all in!  Grin
newbie
Activity: 14
Merit: 0
September 05, 2017, 07:25:05 PM
Thank you very much. But if a small business want to use it, it can? Is it robust enough for that?
full member
Activity: 476
Merit: 100
September 05, 2017, 07:22:30 PM
I wonder a answer a question.  maybe user will upload illegal content to storage. has it control for content by sia?

If I understood correctly, the files are encrypted and no, Sia has noway to control what is uploaded. Everything is kept secret and nobody can open and read your files.

But maybe I'm wrong ?

Your sensible correct but when we make hdd mining mission hosted some hdd to SIA. I wonder will it problem for us if users upload illegal content. Because all content will be in our hdd.

There is no danger for hosts, as storage providers are not liable of contents they hosts. Besides, files are encrypted and each individual host is unable the reconstruct the full file as they are recipient of only fragments of it. This is from the Sia Wiki:

Hosts (and websites) are considered safe from user submitted content under section 512 of the Digital Millennium Copyright Act. Storage providers, websites and ISPs (Internet Service Providers) are considered protected under 230(c)(1) of the Communications Decency Act. No cases in the US have specifically accused websites of CP and 230©(1) and it is considered a safe harbor, but has never been tried. If you require more specific information, we recommend you discussing this with your legal representation

In any case, a future update will allow hosts to remove specific file contracts, just in case laws change and a host is required to delete certain files

Thank you for this nice information
sr. member
Activity: 422
Merit: 270
September 05, 2017, 06:26:53 PM

Simple question: as i see, it has lots of advantages, including the one that makes everybody pay attention: price (huge). Why then it has not gone mainstream yet?
Thank you in advance for ur time and answer.


The network was released just 2 years ago, and a project like this don't become mainstream so fast in the same way Bitcoin will still require several years to become a mainstream currency.

The most honest reason is that the product is not totally complete. It works, and renters can upload (and everyday upload) their files and backups, but there is still much work to keep doing: beyond 5 Terabytes uploaded the client starts to freeze, there are certain bugs some renters experience, native file sharing and file streaming is not yet allowed. Fortunately, solutions to all these points are in their roadmap, and for instance next release on September/October should revamp the renter experience and increase the cap to 40Tb.

Also the independent developers have to keep creating tools and services over the Sia network (like storage services that accept FIAT and do the Sia thing behind the scenes), and keep creating integrations with popular services and tools. The dev team created last month a campaign of bounties to encourage independent devs to achieve these integrations. Last month it was Minio (a popular storage server container compatible with Amazon S3 or Azure), last week it was Duplicati (a popular backup service) and more bounties will come.

Bottom line: While it is a working product, there is work yet to do. But step by step Sia is getting there.
newbie
Activity: 14
Merit: 0
September 05, 2017, 06:09:12 PM

It is profitable for the host. Even if we consider a price of $1/Tb/month. You can buy enterprise-grade HDDs at less than $25/Tb and they are prepared to last more than 5 years. A ROI of 2 years (or less) is perfectly acceptable if your HDDs are going to last more than 5 years. Hosting is not like mining were difficulty increases over time. In hoisting, if you stay ompetitive you'll keep getting contracts forever. And electricity costs are irrelevant: a good HDD of 4Tb or even 8Tb will consume less than 3W

And do you know companies can not apply to that offer? And do you know there is no limit of transfer on Sia? And do you know data is not natively encrypted on Dropbox, and they can do whatever they want with your data? Like for example, in a few years limit the "unlimited" tier to force you to pay more for all that data you have already stored with them.

And oh, BTW, Sia is less than $3/Tb/month. Deal with it.
 


Simple question: as i see, it has lots of advantages, including the one that makes everybody pay attention: price (huge). Why then it has not gone mainstream yet?
Thank you in advance for ur time and answer.
sr. member
Activity: 422
Merit: 270
September 05, 2017, 09:52:43 AM
It couls be absolutely great to be able to generate a link for sharing a file with somebody. A torent-like link. The wallet wouldn't be necessary for everyone then...

That is on the roadmap (https://trello.com/b/Io1dDyuI/sia-public-roadmap) File sharing among users on next update and external sharing on the next 18 months  Cool

Grin hoi foks i instal the android sia wallet and wanna check the adres,but the wallet says you need to unlock wallet first.
But it dont tels me howe to do this,can somebody tels me how to unlock android wallet thank you.

Hello. You have downloaded a client that neither is official, nor the author have provided the code for reviewing and moreover: as far as we are aware is not working properly and you can't send transactions.

Probably the app is asking you your recovery seed to unlock the wallet. But I don't recommend you to provide it, as there are some chances the app is a scam and it would deplete the funds of your wallet. Use only the official client: http://sia.tech/apps/
newbie
Activity: 21
Merit: 0
September 05, 2017, 04:27:14 AM
 Grin hoi foks i instal the android sia wallet and wanna check the adres,but the wallet says you need to unlock wallet first.
But it dont tels me howe to do this,can somebody tels me how to unlock android wallet thank you.
full member
Activity: 756
Merit: 103
September 05, 2017, 03:13:23 AM
It couls be absolutely great to be able to generate a link for sharing a file with somebody. A torent-like link. The wallet wouldn't be necessary for everyone then...
full member
Activity: 121
Merit: 100
September 04, 2017, 09:01:12 PM
They're looking to be a while out there, but there are solid use cases that will absolutely require decentralized storage for progression to continue.

Possibly the most important potential applications, IMO, of decentralized storage can be found browsing the articles on sites like this:

https://futurism.com/enhancedhumans/

A few in particular:

https://futurism.com/new-tech-is-giving-humanity-many-potential-paths-to-immortality/

https://futurism.com/darpa-is-working-on-enhancing-human-senses-with-computers/

https://futurism.com/neuroreality-the-new-reality-is-coming-and-its-a-brain-computer-interface/
member
Activity: 124
Merit: 10
Presale starts on 28th of April!
September 04, 2017, 08:34:25 PM
Sia is more popular day by day. Nice to see good progress.
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