Well, the day here is half over and no news release yet for the remainder of the items on the website road map scheduled for release in June 2017. They must have missed the mark, but the day isn't over yet. But, I'm thinking they missed the mark. That would explain the current price and the lower prices to come over the next few weeks.
Taek has indicated they'll release the final v1.3 next Tuesday if anything else happens. Devs are very busy with the pre-reserve process of the ASIC and they are polishing some minor issues that testers of the RC2 have found, so I don't blame them for missing the mark for one week.
Frankly I don't think any trend on the market value of the coin is related to a delay on the software release. Nothing personal against speculators and "investors", but from my experience, most of them don't understand how Sia works or even what a blockchain is... So I find difficult they care about releasing or not features as "file repair" or "host pruning"
Looks like you blew that Tuesday prediction. Your believeability level is going down just like the SIA price.
It always amazes me how different are the goals and the concerns of a user vs a speculator. For users, it doesn't matter if they finally publish that update today (BTW, buddy, it is still 1pm on the US East Coast, where devs are located
) or next week. The product is already working and has been working for 2 years, the number of hosts have duplicated in the last month, the amount of stored data has grown a 75% in the last month.
The user ACP has explained it very well, but I'll go a bit more in depth. Sia coin is simply an instrument for paying those file contrats, the value of the coin is totally irrelevant for the users: hosts update and adjust their pricing to USD values, so in the end both renters and hosts pay and get paid the same amount, no matter if the coin value is 1 satoshi or 1 BTC.
The only people concerned here about oscillations in the price are the speculators: people that call themselves proudly "investors" that even convince themselves they are somehow helping the development of the coin, while in reality they just want to get some money fast and run away after. If I purchase one million Australian dollars because I expect a bump in the exchange rate, do I become an investor in the Australian economy? No, I just become an ass that wants to be rich. Speculators are not needed in any economy, not even in cryptos.
The price of the coin is just an indicator of the mood of a bunch of speculators.
The only indicators of the health of a crypto are adoption and development of new code and side projects. We don't lack of those in Sia. What we have too many of these days are speculators that don't even understand how Sia works, unfortunately. If you are alarmed because the release of an incremental update is postponed one month you don't see the whole picture (and you show you don't have any idea about how software development works). If you are alarmed because the market value goes down (the same as 90% of the other coins) you don't see the whole picture.
But I don't know why I try to make you understand this. You are just a speculator after all, so you are only caring about your own benefits, of course. While you keep whining and playing to be a whale manipulating market feelings, I'll keep doing my thing: helping people here with technical questions
