Author

Topic: [ANN] Sia - Decentralized Storage - page 264. (Read 1382228 times)

sr. member
Activity: 896
Merit: 251
May 24, 2017, 06:57:03 AM
Volume for last 24 hours is crazy since it is available for trading at Bittrex. Why we don't see any increase in value so far in spite of so much trading. This is one of my friends asked me I told him it is currently going through accumulation once new positions are taken the value will sky rocket without letting any chance for undecided folks.
legendary
Activity: 2436
Merit: 1362
May 24, 2017, 06:32:20 AM
Well while I prefer Sia over Maidsafe and Storj,
I didnt know that they needed centralisation
Can you elaborate on what you know?

As I probably mentioned above I like Sia's commitment
to offering a consistent storage solution with rewards and penalties.

In Storj, hosts receive payments manually from the developers. There is not an smart contract behind that guarantees the payment. If Storj devs disappear tomorrow, so will the who;e network. Sia is designed to be 100% decentralized: devs can vanish tomorrow and the network will keep working flawlessly forever. We can even kick them and fork the client, and they would not have any control over it. Also, as far as I know, not the whole code is open source in Storj.

I can't speak about Maidsafe as I don't know enough about the project to speak with certainty.

Ah right, yes that makes sense and obviously something for
consideration going forward for anyone making a comparision.
full member
Activity: 244
Merit: 100
May 24, 2017, 05:17:49 AM
Guys sorry if it's a stupid question, but i downloaded latest Sia-UI and i still don't see my coins

Is it normal? I thought 1.2.2 would fix the issue
legendary
Activity: 1302
Merit: 1000
May 24, 2017, 04:38:48 AM
what is best way to buy siacoin?

Send btc to poloniex or bittrex, then find Siacoin (SC). Wait for a good price and buy them. Then send to your preferred wallet.

I think price is gonna breakout soon and grow towards 2000 - 3000 sat.  Wink

Yes, many people are waiting for this price breakout, but it will take some time to get stable in the market because now the value of Sia is very low.
But for the investors this the right time to buy Sia in the market because the value of Sia will grow fastly.
legendary
Activity: 1960
Merit: 1010
May 24, 2017, 04:25:21 AM
what is best way to buy siacoin?

Send btc to poloniex or bittrex, then find Siacoin (SC). Wait for a good price and buy them. Then send to your preferred wallet.

I think price is gonna breakout soon and grow towards 2000 - 3000 sat.  Wink
newbie
Activity: 8
Merit: 0
May 24, 2017, 03:39:02 AM
I'm not sure if that's quite correct.  Could we get a second opinion on this.

Oh, come on Calum, you have been asking "what is this coin about" in 3 different threads... The 3 coin projects have very well explained and detailed webpages where you can learn about them. Do your part of the job and read them instead of spamming here. About Sia here: http://sia.tech and here: http://sia.tech/faq/

It isn't spam. I was even reading their white papers but couldn't quite figure it out.  It doesn't matter though.  Thanks anyway.
full member
Activity: 700
Merit: 108
May 24, 2017, 03:35:35 AM
what is best way to buy siacoin?
sr. member
Activity: 422
Merit: 270
May 23, 2017, 04:44:29 PM
Well while I prefer Sia over Maidsafe and Storj,
I didnt know that they needed centralisation
Can you elaborate on what you know?

As I probably mentioned above I like Sia's commitment
to offering a consistent storage solution with rewards and penalties.

In Storj, hosts receive payments manually from the developers. There is not an smart contract behind that guarantees the payment. If Storj devs disappear tomorrow, so will the who;e network. Sia is designed to be 100% decentralized: devs can vanish tomorrow and the network will keep working flawlessly forever. We can even kick them and fork the client, and they would not have any control over it. Also, as far as I know, not the whole code is open source in Storj.

I can't speak about Maidsafe as I don't know enough about the project to speak with certainty.

How do i check Block Explorer i transfered coins from poloniex still havent received them
Go to http://explore.sia.tech/ and introduce in the Hash field the Tx ID Poloniex indicates in the withdrawal
legendary
Activity: 2436
Merit: 1362
May 23, 2017, 03:13:51 PM
What are SIA's strengths compared to the other decentralized storages that are available? This has caught my attention after being listed on Bittrex.

That is the main difference, I don't think there are any other decentralized cloud storage products available. Sia will be able to run on it's own, while Storj & Maidsafe require centralization. Since most folks value stability, privacy and security (not to mention low price of service), Sia is the clear winner hands down.

Well while I prefer Sia over Maidsafe and Storj,
I didnt know that they needed centralisation
Can you elaborate on what you know?

As I probably mentioned above I like Sia's commitment
to offering a consistent storage solution with rewards and penalties.
legendary
Activity: 2492
Merit: 1018
May 23, 2017, 02:27:37 PM
Seem like it ranked on top of the market but price plummet right when it got listed on bitrrex.  Its a good investment, you guys better buy thousands of these before price spikes up to $0.05 and its considered loss opportunity.
hero member
Activity: 1106
Merit: 509
May 23, 2017, 02:26:00 PM
When is the coin pump? The price will reach how much?
full member
Activity: 237
Merit: 100
May 23, 2017, 02:15:50 PM
How do i check Block Explorer i transfered coins from poloniex still havent received them
sr. member
Activity: 1181
Merit: 259
May 23, 2017, 12:33:34 PM
What are SIA's strengths compared to the other decentralized storages that are available? This has caught my attention after being listed on Bittrex.

That is the main difference, I don't think there are any other decentralized cloud storage products available. Sia will be able to run on it's own, while Storj & Maidsafe require centralization. Since most folks value stability, privacy and security (not to mention low price of service), Sia is the clear winner hands down.
legendary
Activity: 1876
Merit: 1005
May 23, 2017, 12:22:21 PM
I was knowing about this coin for long time and main hurdle wasn't having it at Bittrex. Now we have it there this means like me many other people will come and join this community. Sia is offering storing services at very reasonable but competitive price in comparison to other service providers. It's timing to be there at Trex is significant for many people.
full member
Activity: 237
Merit: 100
May 23, 2017, 12:13:31 PM
I installed the wallet Sia-UI-v1.2.2-win32-x64. Has passed synchronization. Up to now, I did not have anything to do with the coin .. The question is: does not the wallet have a permanent address? Constantly jumps out a new one. Will the coins reach any of them?
member
Activity: 98
Merit: 10
May 23, 2017, 09:55:21 AM
What are SIA's strengths compared to the other decentralized storages that are available? This has caught my attention after being listed on Bittrex.
sr. member
Activity: 566
Merit: 250
May 23, 2017, 09:02:39 AM
I see this coin has good things going for it i am in! for long term!  Cool
full member
Activity: 195
Merit: 100
May 23, 2017, 05:53:59 AM
good job SIA coin
now on exchanger bittrex
https://bittrex.com/Market/Index?MarketName=BTC-SC

there was rumors that 6000sat is a part of big plan, now I see that everything will continue to grow, funny but true. Marcetcap will continue to grow, too much interest from China in this tech. (remember in Working tech, not just idea or prototype)
legendary
Activity: 1960
Merit: 1010
May 23, 2017, 04:31:49 AM
Wake me up when SIA is $0.50 each, cause I think it's gonna go there  Grin
legendary
Activity: 1526
Merit: 1003
May 23, 2017, 04:15:38 AM
I was waiting so long for Sia to get listed on Bittrex and finally it is there. I don't like Polo for many reasons. That is nothing to be worried it's started typically most the coins make entry on Bittrex. Let's the market settle down and then take your move for future actions. I will buy during this uncertain situation to take my position.On Sia.tech link to Bittex is needed to be added in order to let the people to know about one more buying option.
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