is it good time to invest on Sia coin( SC) - page 2.

Onika84

sr. member

Activity: 1554

Merit: 250

Making Smart Money Work

Quote from: ?? on ??

Siacon is good for long term inv. , if you will hodl it for 6+ months it will blossom Grin

what do you guys think

SC not for 3 month investment, I think SC will go down to 80 Satoshi, and I hope this is good support for buying and kept until 6 months later, as you said DeRhino.

This is good choice, because I have read on this thread before, and always watching. Here is another view from dbt1033 related Siacoin, interesting: https://bitcointalksearch.org/topic/siacoin-epic-monster-moon-1836426

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: mailsforcyr on September 20, 2017, 03:36:46 AM

Hi experts is it good time to invest on Sia coin(SC). please suggest me if it is good time then i can invest 2000usd on it else i will look for other coin..?

Siacoin has dropped hugely from past few months. It was at 500 satoshis a few months back but now its at 100 satoshis. It is surely at a good price now but what if it goes more down. I don't want it to die either but the way it is going down from few months is making me think that it will die soon. It has a good team but then I still don't know the reason why its going down. May be people just don't want to invest in it anymore.
If you have more money and just want to spend it somewhere only then you should think of buying it.

VuValley

member

Activity: 121

Merit: 10

SC will eventually be a good investment. If your going to buy do it low and hold long term.

The project is solid and the devs are talented. Unfortunately they have openly stated they dont care about the value of the coin and to boot they are the worst marketers in the game so everyone tends to pump and dump this coin on small swings

On the positive side the functionality of the software is continual improving, bounties are also widening the functionality of both client and host sides. Capital has not been an issue for them with multiple sources of angel investment and grants. Later this year or early next year they are scheduled to release a proprietary "Obelisk" ASIC miner that will ensure the network is propagated to its full potential. For all these reasons they are many steps ahead of the other players on the field.

In short it may a very formidable entity someday however it probably wont be any day soon. If you dont end up investing buy a few SC just to play around with the storage contracts.

Saoha

full member

Activity: 742

Merit: 100

Quote from: cryptoman87 on September 20, 2017, 01:20:00 PM

There was a news that HP (Hewlett-Pacckard) working on the creation independent cloud data-storage. And this project will base on siacoin. And also, the conception of coin looking very promising.

Can you please give me link. I bought Sc 128 satoshi a few days ago and it dropped continuously; Currently Sc is 112 satoshi. I began to worry about its future. However, I still believe Sc will increase again but I do not know when, maybe it will last long and my money will be held in it.

amaral1977

sr. member

Activity: 686

Merit: 250

Quote from: mailsforcyr on September 20, 2017, 03:36:46 AM

Hi experts is it good time to invest on Sia coin(SC). please suggest me if it is good time then i can invest 2000usd on it else i will look for other coin..?

I took interest in SC a while ago, and still hold some coins just in case i´m wrong. I´m feeling bearish about SC because:

1- lot´s and lot´s of coins around.
2- Interesting project, but competition is on the way. Every simgle project as a service or product to be paid with there tokens. It´s not the future. You will want to buy the service or the product with a coin that is a little more widely accepted. Don´t see SC being that coin.
3- If the project itself is a winning one i see there participation and actual "dividend" sharing fund mooning, but not SC itself.
4- for the short term i don´t see support so i´m not betting on it for a quick buck.

that said i keep some pocket change around, so if i´m wrong i´ll profit a little from this.

rayk

full member

Activity: 448

Merit: 100

I really believe in its technology, storj or sia, both coins are good but I think Sia is better. It is the best time to buy Sia, it is really very cheap now.

Decemb3r

newbie

Activity: 5

Merit: 0

It's not really a good time, but you could always just throw 0.01% of your total budget (or about 10$), then just forget about it for some months.
I mean, its value is basically worthless at the moment, I find it hard for it to go down significantly more, the dev team isn't all that bad.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: Drowzy on September 20, 2017, 12:39:55 PM

Stay away from SIA. Its competitor is far superior in development and they have lots of $$$ for marketing. Storj is what you want to hold.

Personally I haven't bought any yet, I supposed I just don't believe in decentralized storage being a thing.

Was able to get out of Siacoin months ago when they are still the hottest trend in the altcoin industry. Was very happy I profited a lot and once I get out the price started to plummet, proud of myself reading the trend and was able to exit just in time.

Quote from: mailsforcyr on September 20, 2017, 03:36:46 AM

Hi experts is it good time to invest on Sia coin(SC). please suggest me if it is good time then i can invest 2000usd on it else i will look for other coin..?

Sorry to burst the bubble mate but its not a good time to invest on it currently because it has lost its magic already and the price continuous to goes down. Better off finding new coins to invest your money. You might get trap and the only way to get out is to experience a lost. There are a lot more good coins out there. I won't spoon feed you but advise you to do your own research before putting investments.

kryptqnick

legendary

Activity: 3248

Merit: 1402

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The price is down and so there's a chance that it will go up again to $0.008. Yet this is true if there's some development and faith of people behind it. File contracts is a good idea to make their storage reliable. Dev team isn't really famous, so that's a con. Storage cost is a lot lower than Amazon and Google cloud. Still, I think storj has more potential, it's just too new to be competive with sia already. Anyway, going 2x seems realistic, so maybe I would go for it if I were you.

Cnut237

legendary

Activity: 1904

Merit: 1277

I don't think it's a good idea to invest in Sia. The price has fallen a long way, and I think that Sia are unconcerned because they don't want it to have a high price.

dukemc

full member

Activity: 431

Merit: 102

Quote from: cryptoman87 on September 20, 2017, 01:20:00 PM

There was a news that HP (Hewlett-Pacckard) working on the creation independent cloud data-storage. And this project will base on siacoin. And also, the conception of coin looking very promising.

Can you post any link regarding this news from HP haven´t read it anywhere. Thank you

cryptoman87

member

Activity: 97

Merit: 11

There was a news that HP (Hewlett-Pacckard) working on the creation independent cloud data-storage. And this project will base on siacoin. And also, the conception of coin looking very promising.

dukemc

full member

Activity: 431

Merit: 102

Quote from: mailsforcyr on September 20, 2017, 03:36:46 AM

Hi experts is it good time to invest on Sia coin(SC). please suggest me if it is good time then i can invest 2000usd on it else i will look for other coin..?

I would not invest the whole 2000 usd in one coin. SiaCoin is a long term hold which i think - In July 2018 is the obelisk asic miner release. I think that could give the SiaCoin much more value.

GRR

sr. member

Activity: 249

Merit: 250

Quote from: Drowzy on September 20, 2017, 12:39:55 PM

Stay away from SIA. Its competitor is far superior in development and they have lots of $$$ for marketing. Storj is what you want to hold.

Personally I haven't bought any yet, I supposed I just don't believe in decentralized storage being a thing.

StorJ "far superior"? I don't even know if I should to laugh or cry about this statement.

Drowzy

full member

Activity: 149

Merit: 100

ZZzzzzzzz..

Stay away from SIA. Its competitor is far superior in development and they have lots of $$$ for marketing. Storj is what you want to hold.

Personally I haven't bought any yet, I supposed I just don't believe in decentralized storage being a thing.

aquaking123

newbie

Activity: 5

Merit: 0

SiaCoin is continuously going down without a break or consolidation. I would suggest to avoid investing in it.

My choice is ENRG DGB and PPC

phr0stbyt3

hero member

Activity: 672

Merit: 500

Yes it is if you looking to hold it till the end of the year buy it now but if your plan to get quick profits it looks like the price might even fall below 100 sats but as the market is slowly recovering it will start getting the attention it needs and you will be able to double your initial too quickly

mailsforcyr

member

Activity: 132

Merit: 10

Hi experts is it good time to invest on Sia coin(SC). please suggest me if it is good time then i can invest 2000usd on it else i will look for other coin..?

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