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Topic: (SC) Sia Speculation - page 4. (Read 8507 times)

hero member
Activity: 763
Merit: 500
March 26, 2016, 07:46:49 PM
#7
according to the calculations of blocks and checking with other data, the approximate total number of coins 300000 unit can reach 45-50 bill coins, but after 300k block is the number, i.e. its gain will decrease to the reward of 30,000 coins per block, i.e. the total number of coins in 5-7 years can reach about 55-60 bill coins, let me remind you that this data is not accurate

In Sia FAQ - "The number of siacoins created each block is (300,000 - height). The genesis block has a height of 0. After height 270,000, all blocks will have a reward of 30,000 siacoins. The current number of siacoins can be found at explore.siacoin.com"

Right now the Sia block height is 43,049. So it will need about another 4.3 years((270,000-43,049)/(144*365)=4.3years) to hit the 270,000 block height to start the 30,000 coins constant rewards. in about 4.3 years when sia hits the 270,000 block height, there will be about 44.55 billions (((300,000+30,000)/2)*270,000=44.55 billiobs) siacoins available in the market. From there, there will be about 1.57 billions (30,000*144*365=1.5678 billons) of siacoins coming out from the mining every year constantly. So in 5 years from today, there will be about 45.6 billions of siacoins available. In 10 years from today, there will be about 53.5 billions of siacoins available in the market.
legendary
Activity: 938
Merit: 1000
March 26, 2016, 03:52:23 PM
#6
according to the calculations of blocks and checking with other data, the approximate total number of coins 300000 unit can reach 45-50 bill coins, but after 300k block is the number, i.e. its gain will decrease to the reward of 30,000 coins per block, i.e. the total number of coins in 5-7 years can reach about 55-60 bill coins, let me remind you that this data is not accurate

After block 270,000 the reward will be 30'000 coins per block. That should make it's inflation rate very low at that point in time. Too lazy to do exact calculation at this point.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
March 26, 2016, 12:02:23 PM
#5
according to the calculations of blocks and checking with other data, the approximate total number of coins 300000 unit can reach 45-50 bill coins, but after 300k block is the number, i.e. its gain will decrease to the reward of 30,000 coins per block, i.e. the total number of coins in 5-7 years can reach about 55-60 bill coins, let me remind you that this data is not accurate
legendary
Activity: 924
Merit: 1000
March 24, 2016, 02:02:23 PM
#4
Whew: all that being said - Sia has been gathering clout over the last month and is forming what looks to me like a cup and handle formation.  As well I've begun to hear whispers around the Internet of others getting excited about it too.  In a sea of blatant scams and hype, Sia may not be perfect, but they deliver a minimum viable product and fulfill their vision of decentralized data storage.  This is why I own them, and as many of you know, I don't publicly own many crypto projects.

Yes, I see its potential. Funny: VPNcoin rocketed out of nowhere to reach #25 (atm) on Coinmarketcap. So there is definite precedent for Siacoin to take off too. atm, it's #42 with a market cap of ~$1.6 million.

And I'm sure you'll be pleased to know that Monero is now #8, just below Dogecoin. Smiley
newbie
Activity: 20
Merit: 0
March 24, 2016, 11:21:58 AM
#3
i speculate sia funds are a better investment than sia coin because infinite money  Grin

True. But if Sia becomes what it set out to then its market cap will be in the billion(s). So i'd say still a pretty good coin to accumulate now.
member
Activity: 115
Merit: 10
March 24, 2016, 02:45:34 AM
#2
i speculate sia funds are a better investment than sia coin because infinite money  Grin
hero member
Activity: 770
Merit: 504
March 24, 2016, 02:20:35 AM
#1
 
  
This is a self-moderated topic exclusively for the discussion of Siacoin.  As I stated in my previous topic, I have acquired a significant long position in Sia because I believe they are the best decentralized storage coin currently available.  My enthusiasm for this asset should not be construed as trading advice, as neither I nor anyone on this website is licensed to give any trading or financial advice.  You are responsible for your own decisions and money at all times.  
  
Low content posts, blatant spam, and trolling will be deleted.  
  
Whew: all that being said - Sia has been gathering clout over the last month and is forming what looks to me like a cup and handle formation.  As well I've begun to hear whispers around the Internet of others getting excited about it too.  In a sea of blatant scams and hype, Sia may not be perfect, but they deliver a minimum viable product and fulfill their vision of decentralized data storage.  This is why I own them, and as many of you know, I don't publicly own many crypto projects.  
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