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Topic: [ANN] Sia - Decentralized Storage - page 210. (Read 1382196 times)

sr. member
Activity: 486
Merit: 250
August 29, 2017, 11:51:45 AM
Is there a reason why Siacoin got devaluated? What are the factors that made this coin got affected in value? Is there a chance for this coin to rebound?
3x2
legendary
Activity: 1526
Merit: 1004
August 29, 2017, 11:22:52 AM
I'd wait for breaking 200 SAT for a confirmation. ATM I'm swing-trading half of it for a short-term profit.

200 sat is nothing. just wait for few more weeks.
we will enter into 4 digits..
this is most undervalued coin compare to competitors
$ digit is not possible even in September also, The total supply for sia is too much, if it gets even 0.3$ , then it will take over in top 7 in Market Capitalization.
full member
Activity: 602
Merit: 100
August 29, 2017, 10:11:37 AM
I'd wait for breaking 200 SAT for a confirmation. ATM I'm swing-trading half of it for a short-term profit.

200 sat is nothing. just wait for few more weeks.
we will enter into 4 digits..
this is most undervalued coin compare to competitors

Yes, right now many people are not happy with the present price of SIA. At present, it is the most undervalued coin when compared to other but those who grab at this price will make more when the price of SIA increases.
The question most people are asking is when and how SIA will increase it price because a lot of people have been holding on to the coin for news and development, but so far nothing has happened
full member
Activity: 215
Merit: 100
August 29, 2017, 10:01:51 AM
What's the reason for the recent 10% dip back to ~180 SAT areas? Did I miss some news or 200 SAT price was just unsustainable for the current market?

speculation
member
Activity: 71
Merit: 10
August 29, 2017, 09:24:26 AM
What's the reason for the recent 10% dip back to ~180 SAT areas? Did I miss some news or 200 SAT price was just unsustainable for the current market?
hero member
Activity: 1246
Merit: 508
Leading Crypto Sports Betting & Casino Platform
August 29, 2017, 06:28:37 AM
I'd wait for breaking 200 SAT for a confirmation. ATM I'm swing-trading half of it for a short-term profit.

200 sat is nothing. just wait for few more weeks.
we will enter into 4 digits..
this is most undervalued coin compare to competitors

Yes, right now many people are not happy with the present price of SIA. At present, it is the most undervalued coin when compared to other but those who grab at this price will make more when the price of SIA increases.
full member
Activity: 448
Merit: 100
August 29, 2017, 06:20:00 AM
Nice to see Siacoin is recovering. The market cap in cryptocurrency overall is raising continuously. This means new money is flowing in and not only traders moving their money from coin to coin.
Is they any mobile wallet planned or already out? Might be interesting to also have access to you data from you mobile phone. Nevertheless this is probably difficult to delevop.
member
Activity: 162
Merit: 10
August 29, 2017, 04:53:10 AM
hello sia community!
i heard siacoin's siafund Whats this? Where can i find some info about siafunds and lastly where can i buy some? thank you

You can learn about SiaFunds here: https://siawiki.tech/wallet/siafund

In summary, it is a second token of the network used to fundraising the project during the IPO (only 100 blocks were premined in Sia, so devs required another income) and encourage the developers to make Sia successful. Their owners receive a proportional part of the 3.9% of fees of each file contract done in Sia. Only 10,000 exist, they are indivisible, and 8800 are owned by the dev team.

You can buy them either at Bisq or in the official Discord chat of Sia using a trusted escrow.

Current price is about 2.5-3BTC/SF


Interesting must also read this
I read they Owned 8000 out of 10,000
full member
Activity: 910
Merit: 106
www.cd3d.app
August 29, 2017, 04:48:28 AM
I'd wait for breaking 200 SAT for a confirmation. ATM I'm swing-trading half of it for a short-term profit.

200 sat is nothing. just wait for few more weeks.
we will enter into 4 digits..
this is most undervalued coin compare to competitors

It will be really great. I bought SC for 190 satoshi, and I think it is good price for this coin. And now I'm waiting for higher price.
legendary
Activity: 1120
Merit: 1001
August 29, 2017, 04:45:21 AM
I'd wait for breaking 200 SAT for a confirmation. ATM I'm swing-trading half of it for a short-term profit.

200 sat is nothing. just wait for few more weeks.
we will enter into 4 digits..
this is most undervalued coin compare to competitors
newbie
Activity: 54
Merit: 0
August 29, 2017, 04:21:22 AM
hello sia community!
i heard siacoin's siafund Whats this? Where can i find some info about siafunds and lastly where can i buy some? thank you

You can learn about SiaFunds here: https://siawiki.tech/wallet/siafund

In summary, it is a second token of the network used to fundraising the project during the IPO (only 100 blocks were premined in Sia, so devs required another income) and encourage the developers to make Sia successful. Their owners receive a proportional part of the 3.9% of fees of each file contract done in Sia. Only 10,000 exist, they are indivisible, and 8800 are owned by the dev team.

You can buy them either at Bisq or in the official Discord chat of Sia using a trusted escrow.

Current price is about 2.5-3BTC/SF


Interesting must also read this
sr. member
Activity: 422
Merit: 270
August 28, 2017, 08:44:02 PM
hello sia community!
i heard siacoin's siafund Whats this? Where can i find some info about siafunds and lastly where can i buy some? thank you

You can learn about SiaFunds here: https://siawiki.tech/wallet/siafund

In summary, it is a second token of the network used to fundraising the project during the IPO (only 100 blocks were premined in Sia, so devs required another income) and encourage the developers to make Sia successful. Their owners receive a proportional part of the 3.9% of fees of each file contract done in Sia. Only 10,000 exist, they are indivisible, and 8800 are owned by the dev team.

You can buy them either at Bisq or in the official Discord chat of Sia using a trusted escrow.

Current price is about 2.5-3BTC/SF
full member
Activity: 238
Merit: 101
FrontEnd developer
August 28, 2017, 08:34:37 PM
SIA soon to the moon. im sure of it...
sr. member
Activity: 840
Merit: 253
August 28, 2017, 08:33:27 PM
hello sia community!
i heard siacoin's siafund Whats this? Where can i find some info about siafunds and lastly where can i buy some? thank you
sr. member
Activity: 422
Merit: 270
August 28, 2017, 08:31:47 PM
We may want to estimate the profit of renting storage vs electricity cost.

Say that you have a PC with Celeron CPU and 2x 6TB internal hard drives and you leave it running 24/7 just for SIA.
How much is it going to consume ?

Assuming that you rent all your 6 TB at 12-15 $ / month ($2/TB/month) , i am not sure you can cover the energy costs, because it depends on the disk reads/writes operations done in that month, as the disk too consumes power based on I/O activity.

you leave it running 24/7 just for SIA

You said it all, that won't be worth it. I've heard that a well configured machine with low rpm hdd can consume only around 100-150w, I haven't done the math, but could be a beginning.

The idea is more to have a machine running 24/7, with its own purpose, and as you have free space on it, you rent it.

It will consume much less than that. A Celeron CPU is rated usually at 35W, RAM will be 2W more, low-power disks (5400rpm) 2-3W each one. With a bit of overhead and loss of efficiency of PSU, the final consume is going to be an average of 50W or less (those values I mentioned are max values). A Minebox consumes less than 50W, for instance.

Electricity costs for hosting are almost irrelevant
full member
Activity: 319
Merit: 100
August 28, 2017, 08:28:30 PM
We may want to estimate the profit of renting storage vs electricity cost.

Say that you have a PC with Celeron CPU and 2x 6TB internal hard drives and you leave it running 24/7 just for SIA.
How much is it going to consume ?

Assuming that you rent all your 6 TB at 12-15 $ / month ($2/TB/month) , i am not sure you can cover the energy costs, because it depends on the disk reads/writes operations done in that month, as the disk too consumes power based on I/O activity.


You can connect lots of HDDs. I think  each HDD is 5-10W, idling system is 50-100W, depends on configuration and components.
newbie
Activity: 50
Merit: 0
August 28, 2017, 06:44:32 PM
We may want to estimate the profit of renting storage vs electricity cost.

Say that you have a PC with Celeron CPU and 2x 6TB internal hard drives and you leave it running 24/7 just for SIA.
How much is it going to consume ?

Assuming that you rent all your 6 TB at 12-15 $ / month ($2/TB/month) , i am not sure you can cover the energy costs, because it depends on the disk reads/writes operations done in that month, as the disk too consumes power based on I/O activity.

you leave it running 24/7 just for SIA

You said it all, that won't be worth it. I've heard that a well configured machine with low rpm hdd can consume only around 100-150w, I haven't done the math, but could be a beginning.

The idea is more to have a machine running 24/7, with its own purpose, and as you have free space on it, you rent it.
sr. member
Activity: 1022
Merit: 252
August 28, 2017, 06:03:07 PM
See SC start up a pretty good price today after passing the buying zone for SC...Hopefully will get back on track to surpass prices above 500satoshi in the next few days  SIA to the moon guys
newbie
Activity: 54
Merit: 0
August 28, 2017, 05:45:18 PM
We may want to estimate the profit of renting storage vs electricity cost.

Say that you have a PC with Celeron CPU and 2x 6TB internal hard drives and you leave it running 24/7 just for SIA.
How much is it going to consume ?

Assuming that you rent all your 6 TB at 12-15 $ / month ($2/TB/month) , i am not sure you can cover the energy costs, because it depends on the disk reads/writes operations done in that month, as the disk too consumes power based on I/O activity.



You can buy Sia.
Do not need to mine to get the storage
sr. member
Activity: 613
Merit: 305
August 28, 2017, 05:14:01 PM
We may want to estimate the profit of renting storage vs electricity cost.

Say that you have a PC with Celeron CPU and 2x 6TB internal hard drives and you leave it running 24/7 just for SIA.
How much is it going to consume ?

Assuming that you rent all your 6 TB at 12-15 $ / month ($2/TB/month) , i am not sure you can cover the energy costs, because it depends on the disk reads/writes operations done in that month, as the disk too consumes power based on I/O activity.
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