One year is really long in the crypto world, things move so fast that we don't know how far will go Sia next year, will it be available or will it shut down. I simply can't predict how much will be the difficulty after a year but when these asics come in market things will change too much. I have purchased 285k SIA at 2.2BTC, have I made a good decision? Price has been dropped a lot now!
Sounds like to me they are going to finance the ASIC production with buyer's money, mine the coin for 6 months and run up the difficulty and make a ton of money and then ship out the used units to the purchasers. This has been a pattern, time and time again with mining hardware. That is if they ever ship anything at all. It is easy to put up a website, make fabulous claims, take people's BTC and then disappear. Just a thought, Buyers Beware
Exactly! If there would be a group buy and a trusted escrow chosen in the forum then I would participate even though it will take 1 year I would know that my money are safe.
Getting really disappointed with the SIA price. I'd be better off dumping them all and mining one of the other 100's of coins who's price is running relatively flat or in the green. I'd be much further ahead.
It's not just SIA, most of the coins are red now, and people have a good opportunity to invest now, these coins were never so cheap before.
Do you know the sia team? I do. So i have 0 doubts.
Greets, Hank
I don't, the number of people trusting them should be very low so mining 1 year and then sell the used asics isn't a good thing, is it?
