Topic: SC coin keep dumping - :( - page 6. (Read 7489 times)

Quote from: totaleclipseofthebank on July 03, 2017, 04:31:19 AM

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.

We never know when a coin is going to get dumped or pumped, so do I, I thought that at that time SC is going to reach 1k so I was ethinking that it's a good time to buy and sell at 1k later but that still didn't happend, but if within a month the price gets doubled (now to 1k) then It's not a problem for me.

Right now is a bad time to invest in crypto for quick profit, so if your intention is X2 quick, forget about it.

BUT, for long term (1-2 years+) it is still a good time to invest. Best advice I can give you now is with a good project like this one, put your coins in a safe place and just forget it for quite some time, you will gain much more this way.

I definitely agree with you on this, I think now is not really the right time to invest and gain profits. But for long term yes, this would be the right time to buy altcoins because the prices are its lowest and just leave them for a couple of years. At least that's what I'm doing though.

rayk

full member

Activity: 448

Merit: 100

It will be dumped more probably but I believe it in the long term not short term.

NaXxow

legendary

Activity: 1085

Merit: 1000

ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM

I also invested a small amount of SC. I keep my hopes up with SC eventhough they released the obelisk, I think it will not much help to increase its value. The developers of this project are very active so no need to worry if the dumping will continue, it will definitely a good long term investment.

Bananadoodle

newbie

Activity: 11

Merit: 0

No need to be panic. If you are scared, you can sell your sc coin to me lol. All of the coin is being dumped, not only sc and there is not reason to be panic right now. Just hold your coin for a few months and everything will be bright again

Hahahaha exactly sell them to me

To keen on SC not to hold !!!

Bought in at .18

Yeah it's down plenty but this is one I'm holding for atleast 4+ more months

Introduction. Of asics was the right thing to do

It will definitely star to climb closer to asic shipment, though this is only one development of many SC have..

totaleclipseofthebank

sr. member

Activity: 451

Merit: 250

No need to be panic. If you are scared, you can sell your sc coin to me lol. All of the coin is being dumped, not only sc and there is not reason to be panic right now. Just hold your coin for a few months and everything will be bright again

Tolrem

member

Activity: 98

Merit: 10

Quote from: n691309 on July 02, 2017, 10:33:50 AM

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

The news was a let down. Earned too much attention and then everyone dumped when they found out it's a mining rig... I'll buy back in the 400 range.

talkingdreams

member

Activity: 89

Merit: 10

Of course this is normal during a dip, people sell so they can rebuy at lower prices and increase the amount of coins they have.

spatifilium

sr. member

Activity: 364

Merit: 250

The price of BTC falls so that all the other currencies fall as well, it will go up if not tomorrow then for a month or two it is important not to sell it in panic because the price varies constantly, not only SC but also in other much more expensive currencies

John Titor

full member

Activity: 129

Merit: 100

When in doubt, BTFD (buy the fucking dip).

SubZer0

full member

Activity: 274

Merit: 100

Its heading down for a couple of days, but a lot of coins in the market did.
A lot of panic sales, just HOLD.

aoluain

legendary

Activity: 2282

Merit: 1268

yea long term investment in SIAcoin is good
its down now to .00000500 from .00000640 in less than a week
I wish people would stop panic selling.
be patient and hold for long term, I believe its a good project.

Charloz24

hero member

Activity: 966

Merit: 501

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.

We never know when a coin is going to get dumped or pumped, so do I, I thought that at that time SC is going to reach 1k so I was ethinking that it's a good time to buy and sell at 1k later but that still didn't happend, but if within a month the price gets doubled (now to 1k) then It's not a problem for me.

Right now is a bad time to invest in crypto for quick profit, so if your intention is X2 quick, forget about it.

BUT, for long term (1-2 years+) it is still a good time to invest. Best advice I can give you now is with a good project like this one, put your coins in a safe place and just forget it for quite some time, you will gain much more this way.

n691309

legendary

Activity: 1526

Merit: 1001

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.

We never know when a coin is going to get dumped or pumped, so do I, I thought that at that time SC is going to reach 1k so I was ethinking that it's a good time to buy and sell at 1k later but that still didn't happend, but if within a month the price gets doubled (now to 1k) then It's not a problem for me.

xiahui135

member

Activity: 218

Merit: 11

do not you think the price too high?
Sia lack of users and it is not widely adopted. This price will need more contracts and users to support. Just wait.

xmaskit

newbie

Activity: 8

Merit: 0

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.
Thank you so much! I just bough the price around 550. I think I will hold it for long time. Thanks!

whereismylambo

newbie

Activity: 41

Merit: 0

I think the price will dump even further for the next month or so, and will hopefully starting climbing back up again around Fall 2017 and Winter 2018.

McWorse

sr. member

Activity: 618

Merit: 292

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.

n691309

legendary

Activity: 1526

Merit: 1001

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Golftech

hero member

Activity: 2128

Merit: 520