Author

Topic: SIA under 60 satoshis (Read 2360 times)

legendary
Activity: 2730
Merit: 1288
November 17, 2017, 02:19:07 PM
#76
I like SIA and it's relatively cheap right now, but damn, it has some serious competition going on. There are so many coins going for the decentralized storage sectors that's it's difficult to differentiate from them. Filecoin for example had this mega ICO were it raised about two hundred million, which is massive, it's backed by a great team, good technology, solid community engagement etc. How can you compete against that? I guess there is enough space for many projects in the crypto space, but I'm afraid many of the current "storage" coins will loose the value within the next years, as supply of these projects will increase and people will always come up with something better to improve. The first mover has always the advantage.

I am not worried of Sia team. No matter of any project that will gather millions, they will have serious problems to even closets gather such team and they are years behind.   Sias Marketcap is $125 millions.  
member
Activity: 92
Merit: 10
November 13, 2017, 07:36:14 AM
#75
I like SIA and it's relatively cheap right now, but damn, it has some serious competition going on. There are so many coins going for the decentralized storage sectors that's it's difficult to differentiate from them. Filecoin for example had this mega ICO were it raised about two hundred million, which is massive, it's backed by a great team, good technology, solid community engagement etc. How can you compete against that? I guess there is enough space for many projects in the crypto space, but I'm afraid many of the current "storage" coins will loose the value within the next years, as supply of these projects will increase and people will always come up with something better to improve. The first mover has always the advantage.
full member
Activity: 182
Merit: 100
November 13, 2017, 02:39:58 AM
#74
Sia is a dead coin now ?. Any hope ?
legendary
Activity: 1197
Merit: 1001
November 13, 2017, 02:16:30 AM
#73
Siacoin is showing recovery in past 48 hours and I jumped on train at 64 satoshi.

I think we will a bigger recovery in next 10-15 days up to 85-90 satoshi for 40%+ profit.
sr. member
Activity: 812
Merit: 253
November 13, 2017, 02:13:47 AM
#72
I think I bought a couple of Siacoin around 40 satoshis but just kept and hold them for around 7 months now. And still planning to hold on to them for a couple more months or maybe years because I think this coin have the potential to grow in the future too.
member
Activity: 68
Merit: 10
November 13, 2017, 02:03:21 AM
#71
I was checking out some alts dropping prices yesterday and I noticed this siacoin, big market cap with decent trading volume.. I haven't studied this coin yet but I think I will buy some when price drops more.
Yeah the price is on its dip. Get sia soon or never  Wink
full member
Activity: 1134
Merit: 102
November 13, 2017, 01:56:04 AM
#70
SIA is a good project with some future ahead. However there are two or three things that make doubt the mooning of the coin. One is the large supply, the other is the intent to use it to actually buy storage space ( if you want to use as a currency you want a stable price, not a mooning price) and the third is the competition that is already placing themselves as well.

Anyway although not climbing that much i think it will go with the alt recovery flow and even the 105 sats that was mentioned before will get a return. For my bags sake even higher:)

Price managed to stay under 60 Toshiba only for a week. That is a good sign. I do not believe we will see ti there that often in the future.

Many SIA bag holders are waiting for the price to spike but it is not at all happening and price is kept decreasing. Even though they have good teams and a solid roadmap at least they need to carry with this price. Otherwise soon SIA coin will reach 1 sats in the market.
member
Activity: 121
Merit: 10
November 13, 2017, 01:10:26 AM
#69
Its next year for SC. The Obelisks miners will do the same thing the L3s did for LTC early this year. 
full member
Activity: 574
Merit: 102
November 13, 2017, 12:55:32 AM
#68
I was checking out some alts dropping prices yesterday and I noticed this siacoin, big market cap with decent trading volume.. I haven't studied this coin yet but I think I will buy some when price drops more.
full member
Activity: 280
Merit: 100
The Operating System for DAOs
November 11, 2017, 03:14:30 PM
#67
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?

Sia is going straight down to 1 satoshi when do you realize it? It is the worst alt coin ever made. I sold it as soon as I saw the asic miners that they made, very overpriced...
sr. member
Activity: 1176
Merit: 286
November 11, 2017, 01:00:29 PM
#66
yes sia coin will back to 45 satoshi and it can crash to 25 satoshi ; We are waiting for the fall of bitcoin  In order siacoin follow .

legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
November 11, 2017, 12:03:15 PM
#65
SIA is a good project with some future ahead. However there are two or three things that make doubt the mooning of the coin. One is the large supply, the other is the intent to use it to actually buy storage space ( if you want to use as a currency you want a stable price, not a mooning price) and the third is the competition that is already placing themselves as well.

Anyway although not climbing that much i think it will go with the alt recovery flow and even the 105 sats that was mentioned before will get a return. For my bags sake even higher:)


Price managed to stay under 60 Toshiba only for a week. That is a good sign. I do not believe we will see ti there that often in the future.

Haha Toshibas, first time for me.

But Yeah, don't worry about coins like these. Good tech that just simply need time to grow in terms of adoption and usage. People are concerned that their price now will make storage expensive using SIA but as more and more people realise the security of Sia storage, they'll come in to use it. Also, the problem that miners are co-mining Sia is temporary. So just keep being patient as miners dump it for extra income. 100 satoshi is a start in 2018, and by then 100 satoshi will be worth a lot more in fiat anyway.

It's about priorities now, and profit is priority for short term.
legendary
Activity: 2730
Merit: 1288
November 11, 2017, 11:52:06 AM
#64
SIA is a good project with some future ahead. However there are two or three things that make doubt the mooning of the coin. One is the large supply, the other is the intent to use it to actually buy storage space ( if you want to use as a currency you want a stable price, not a mooning price) and the third is the competition that is already placing themselves as well.

Anyway although not climbing that much i think it will go with the alt recovery flow and even the 105 sats that was mentioned before will get a return. For my bags sake even higher:)

Price managed to stay under 60 Toshiba only for a week. That is a good sign. I do not believe we will see ti there that often in the future.
sr. member
Activity: 686
Merit: 250
November 06, 2017, 05:11:49 PM
#63
SIA is a good project with some future ahead. However there are two or three things that make doubt the mooning of the coin. One is the large supply, the other is the intent to use it to actually buy storage space ( if you want to use as a currency you want a stable price, not a mooning price) and the third is the competition that is already placing themselves as well.

Anyway although not climbing that much i think it will go with the alt recovery flow and even the 105 sats that was mentioned before will get a return. For my bags sake even higher:)
member
Activity: 137
Merit: 14
November 06, 2017, 04:47:00 PM
#62
I have been mining sia for a while now. I thought by it getting as low as it has done the difficulty would of dropped. A lot of miners must be mining at a loss
newbie
Activity: 11
Merit: 0
November 06, 2017, 04:46:04 PM
#61
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

Maybe there is no need to worry. Most coins are dropping now.

I bought at 600 and sell 300 but I think I did a great decision. mostly I never sell lower tnan I bought  I rather to hold for x years but  I dont see future for this coin
legendary
Activity: 2730
Merit: 1288
November 06, 2017, 03:43:54 PM
#60
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?

Price is falling in the same trajectory that dogecoin is currently.

Under 40 satoshis wouldn't really be a surprise to me in my opinion. Bitcoin is going very strong indeed at the moment and will probably hit the $10k more sooner or later this year. However, when bitcoin's rise in value takes a break, money will start getting back into alts again.

Good investment imo as soon as it is under 35 satoshis/SIA.


35 satoshis seems extreme. It seems bottom was at 43 satoshi. I think what is under 60 satoshi is brilliant. under 100 a good buy.
legendary
Activity: 2576
Merit: 1860
November 03, 2017, 07:10:34 PM
#59
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?

I guess you are referring to SiaCoin (SC). Siacoin is a nice project to watch closely. SC is one of the coins offered in the market today that has a great team of individuals promoting and managing it. It is a wise investment. I think it can still go around 40 Satoshis. Right now, SC is at 50 Satoshis, middle of 60 and 40 Satoshis. Good buying time now. But you are wrong with your market cap, SC has only a little more than a million US dollars.
hero member
Activity: 672
Merit: 500
November 03, 2017, 07:04:41 PM
#58
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?

Price is falling in the same trajectory that dogecoin is currently.

Under 40 satoshis wouldn't really be a surprise to me in my opinion. Bitcoin is going very strong indeed at the moment and will probably hit the $10k more sooner or later this year. However, when bitcoin's rise in value takes a break, money will start getting back into alts again.

Good investment imo as soon as it is under 35 satoshis/SIA.
full member
Activity: 230
Merit: 101
November 03, 2017, 05:36:47 PM
#57
A big company needs to buy or implent siacoin in their software....
legendary
Activity: 2730
Merit: 1288
November 03, 2017, 05:15:52 PM
#56
This coin appears to be near a bottom around 60 satoshis but it can be
some more weeks before the next rise starts.


48 satoshi now so it seems 60 was not bottom.

Do you think it can go under 40 satoshis ?

It is getting close now.
full member
Activity: 630
Merit: 110
October 28, 2017, 04:35:37 AM
#55
This coin appears to be near a bottom around 60 satoshis but it can be
some more weeks before the next rise starts.
member
Activity: 80
Merit: 10
October 28, 2017, 03:52:24 AM
#54
Sia is working to grow and improve its applications though it is not yet reflective of the price. I still see SC coming down below 60sats before upward movement begins
sr. member
Activity: 618
Merit: 292
October 28, 2017, 02:59:27 AM
#53
If you would have researched a lot about sia, than you would know, that your files are not stored on only one computer. They are stored on a lot different computers, checking always how many computers are online to provide a copy-transfer to others, if the amount of computers - where your files are stored - will undercut a particular figure.
newbie
Activity: 3
Merit: 0
October 27, 2017, 06:25:18 PM
#52
I have never invested in cloud storage ICO ideas but i have researched a lot  about SIA to get some idea and i should say , the SIA coin idea has already failed. This idea only works if sia just works with real storage investors, who will sign a contract to provide really great  service. With personal computers, this project will never work. Imagine if you are a company owner and customer of SIA to get cloud service and someone who is keeping your files in China or somewhere-else turns off the computer and goes on vacation for 2 weeks. You have to wait until they turn on your computer.Sia will always lose its customers. This idea will definitely never work with personal computers. What I recommend the sia team to just work with storage provider companies who will guarantee to keep their storage available 24 hours a day 365 days a year. They have to stop working with personal computers.



Currently just about 2% of sia miners can find customers to use their storage.  This is another issue and many other cloud storage ideas are coming up and I believe they will all fail. Imagine, only 2% can do mining and many other storage ICOs will share the 2 % Smiley .

The cloud storage ICOs will not be a good investment in the short term, just stay away at least one more year.

member
Activity: 140
Merit: 10
October 25, 2017, 08:24:02 AM
#51
Yesterday the Sia team announced that the used space (and paid for)  has just exceeded 100TB

Usage is increasing so not a dead project at all. The price will follow soon I feel
newbie
Activity: 49
Merit: 0
October 25, 2017, 08:14:56 AM
#50
I would not touch sia until a clear bottom is formed. I think we will see 60 sats again. But fundamentally the project is quite strong.
member
Activity: 80
Merit: 10
October 25, 2017, 07:55:21 AM
#49
I mine SIA as a secondary, but haven't seen much upwards movement on the price since I began accumulating. Should I hold on to what I have mined, or convert it into something else? I mean, on paper SIA makes sense and I do see real world application for the coin.. when can we expect the value to reflect this?
hold. siacoin will be better by next year
full member
Activity: 135
Merit: 100
October 23, 2017, 04:44:39 PM
#48
Due to 100's of other ICO's popping out of no where in July-September area, lots of $$$ went else where... Some people on here are posting some silly ass FUD.

Crypto's are very volatile...You take the risk on investing into a brand new industry which is very volatile.


IF you can read chart's, You'll see Siacoin is currently in accumulation zone.


This is a Crypto that has an actual working product. It has over 1000 hosts, with PB of storage already stored.
Active Dev team, Hired a Community Manager and another Core Dev recently.. Constant announcements. Very active on discord.
Their roadmap is great and next month there will be a big update.

full member
Activity: 256
Merit: 100
October 23, 2017, 04:03:24 PM
#47
I mine SIA as a secondary, but haven't seen much upwards movement on the price since I began accumulating. Should I hold on to what I have mined, or convert it into something else? I mean, on paper SIA makes sense and I do see real world application for the coin.. when can we expect the value to reflect this?
hero member
Activity: 672
Merit: 500
October 23, 2017, 12:50:39 PM
#46
I'm buying more whenever the price fell i bought at 70 i bought now it's currently at not 60 this might be the break even point if it further falls i might buy. You shouldn't care if it drops it is the bitcoin gold scenario everyone wants it therefore they are selling trust me next month you will be selling it at 100 or maybe even more
sr. member
Activity: 980
Merit: 276
October 22, 2017, 10:55:45 AM
#45
i think sia will not fall much after that, a really nice opportunity. It makes sense to invest in SIA at this level

I agree it is around the deepest point and the people that buys around this level will get good profit in less than 1 month. Fork issue is about to complete so investors will start to sell their bitcoins to buy altcoins.
full member
Activity: 504
Merit: 105
October 22, 2017, 10:45:08 AM
#44
I think people should not invest in SIA because this altcoin is really dangerous and can become the second Dogecoin in coinmarketcap. My advice is to invest in a more valuable altcoin and be able to grow well in the future
I agree with you . We should limit investment in SIA because this is altcoin that really does not have the potential to grow for the future and can become dogecoin. I think alternative altcoin is a good choice because there are over 1000 altcoin for you to invest
legendary
Activity: 2730
Merit: 1288
October 22, 2017, 10:23:08 AM
#43
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?

SIA under 100 satoshi is quite nice. Who can afford  should buy it now. But right now SIA is not the only cheap coin. Thee are quiet few for which is just a matter of time to go back to previous ranges compared to Bitcoin.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
October 22, 2017, 08:19:31 AM
#42
I think people should not invest in SIA because this altcoin is really dangerous and can become the second Dogecoin in coinmarketcap. My advice is to invest in a more valuable altcoin and be able to grow well in the future
sr. member
Activity: 987
Merit: 254
October 22, 2017, 07:53:53 AM
#41
i think sia will not fall much after that, a really nice opportunity. It makes sense to invest in SIA at this level
newbie
Activity: 31
Merit: 0
October 22, 2017, 07:20:08 AM
#40
Well one guy tried Sia and found it quite useful. The article here: https://steemit.com/siacoin/@heymattsokol/investigating-the-top-50-cryptocurrencies-part-4-50-siacoin

Agreed with the chart but their roadmap looks great, they hired new guys. The hype will come back for sure.
full member
Activity: 322
Merit: 102
October 22, 2017, 07:18:43 AM
#39
When it was under 70 satoshi last time (in a moment of Bitcoin Cash) I made x2.5 profit short-term. So I plan to repeat this  Wink
full member
Activity: 420
Merit: 136
October 22, 2017, 07:16:40 AM
#38
I already bought some SIA at 70 satoshis and I'm pretty happy with my investment, I don't see there being much more of a fall and even if there is I expect a recovery to at least 100 satoshis.
full member
Activity: 294
Merit: 100
October 22, 2017, 07:15:29 AM
#37
I know many stories of money lost with SIA... i would stay aways from it no matter how low it is.
I remeber to read an interview where they said they try intentionally to keep the pricce low agains specualators.. I wonder if they realise how is that stopping others to rent their HD/mine in exchange of a coin that just goes down and down in time.
newbie
Activity: 4
Merit: 0
October 22, 2017, 07:04:44 AM
#36
I don't think sia is good investment at all. There are more storage coming out of thin air. Storage on chain is problematic in name of legality too. I won't buy sia I won't suggest it to anybody.


Same here. I know a guy who tried SIA out, he gave some storage space of his harddisks to SIA. After a while he felt this to be restricting. Who wouldn't feel that way.

And, sorry to be so direct, but have you had a closer look at SIA's chart? A big peak in june - but since that the chart's trend is southwards. I would not recommend SIA.


Edit: Maybe the expected rise in the coming week will give an opportunity to get out at better conditions.
sr. member
Activity: 459
Merit: 250
October 22, 2017, 06:47:34 AM
#35
Wuii. That is a very cheap price, I can redmind all the people that bought it at 300 sat with some nice reasons. But maybe it was the wrong time to buy. Now it cold be a nice coin to make some profits while the next bull cycle!
hero member
Activity: 672
Merit: 500
October 22, 2017, 04:17:14 AM
#34
It was quite an adjustment in price from the 700 satoshi per SIA we've seen at the peak of the pump compared to 60 satoshis now. Siacoin i don't think has changed a bit, it's still a promising project to me with a good team of devs.

Honestly, it's deserving to get a better placement in terms of market cap than a lot of other coins, but apparently not.

I'd say by the end of the year, expect price to at least get to 100 sats.
sr. member
Activity: 910
Merit: 255
October 22, 2017, 04:13:39 AM
#33
It was 844 satoshi just a few months ago. And now it is only 60 satoshi. It is another example how risky cryptocoins are. Because there were so many people that advised to buy siacoin when it was over 600 700 satoshis.
sr. member
Activity: 1078
Merit: 354
October 22, 2017, 03:43:37 AM
#32
I don't think sia will rise; this is a long-term price decline as far as I can see. Perhaps if it falls really low it might become the target for a pump, but I can't see any reasons why this coin would rise on its own merits.
full member
Activity: 770
Merit: 100
October 22, 2017, 03:23:15 AM
#31
Seems cheap. But if you take a look at the price of BTC - and to buy SC you have to buy BTC first - it is not that cheap like you might think now. The last time, when SC was around 60 sat, was in April this year. At this time the value of BTC was 1.500$. Now you have to pay for one BTC 6.000$. Means 60 sats today have the same value like 240 sats in April. Already a good price for this coin. But converted in fiat the price for SC is - for example - absolute stable since middle of september.
Wink
youre wrong:?i havenot buy BTC for SIA: i can buy via fiat+eth ... eth is cheap at now
full member
Activity: 560
Merit: 217
October 22, 2017, 02:37:04 AM
#30
As long as this coin under ico price it is worth buying. But only for who want to hold it for long term. 2-3 years atleast..sia coin is good coin in my opinion for who ever buying on top if you still believe in it just hold it. In the long run all crypto with solid drvelopment will be up..
full member
Activity: 210
Merit: 101
October 22, 2017, 02:25:45 AM
#29
i bought at 180 sat and it's my biggest fault in crypto. I dont know why i didn't decide to sell it with minimum loss. Just the opposite, i bought more at less price ~100, i believed that it recover soon, and i can recover my loss... But this shit isn't going to stop dump, so i gave up and sell all at 68
And i'm not sure it will recover soon, i've decided to watching the price for buying when it touch the bottom.
Or just find more profitable coin and forget about sia..
Depending on the value you have invested, you may be better to sell now and try recover some of the loss elsewhere. I would think you would remake the losses quicker finding a coin which is likely to surge soon. You may be waiting another year for Siacoin, which may or may not be an issue for you depending on what you expect return wise.
sr. member
Activity: 402
Merit: 254
October 21, 2017, 10:52:22 PM
#28
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?


1 satoshi

sia is just another shitty coin
it has no potential.
member
Activity: 112
Merit: 10
October 21, 2017, 10:44:53 PM
#27
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?
Actually altcoins with respect to Btc are down too much because the current Bitcoin is too high $ 6000.
But if the altcoins value in USD does not decrease too much. Currently buy Sc in BTC is a good choice, the price is too low.
full member
Activity: 393
Merit: 100
October 21, 2017, 10:09:28 PM
#26
Sia will be back soon, just wait its not long from now,,
and the price will increase
member
Activity: 98
Merit: 10
October 21, 2017, 09:56:55 PM
#25
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

you are still luckier than me i bought SIA when the price of SIA was 500 now it's 60, i loss 90% my money which i invested to SIA. I dont really understand why was the price SIA down? i think they have a good project, a good team but price is still down Sad.
As you said a lot of us people are completely regretting giving up our Bitcoins for alts but i think investors who have a lot of money they will invest to bitcoin, investors who only some bitcoin will invest to Altcoins that can quickly bring them big profit
newbie
Activity: 30
Merit: 0
October 21, 2017, 09:02:10 PM
#24
This huge drop between months are not good for Sia, because when this coin starts to rise a lot of people will dump. So is going to be a battle to keep this coin up again. I think it will take time to recover.
member
Activity: 68
Merit: 10
October 21, 2017, 08:22:29 PM
#23
I think the price is gonna increase when the obelisks come out, I think all new coins mined are going to be mined by people who will be looking to sell for higher then at least cent.  Therefore lowering supply on the market.

The fallacy in this observation is that I am projecting myself onto other people, as I am a purchaser of 2 obelisks and I will surely be holding my mined coins if they retain the current price.  But I have no idea how other people will act, this market surprises me as it is.

But that's my 2 cents, or 2 sc Tongue
sr. member
Activity: 656
Merit: 261
October 21, 2017, 01:08:20 PM
#22
All of alts are in the red. I think SIA will Touch the  bottom arrod 30 SAT. It just my opinion. See on the next moon
 Price will rise
full member
Activity: 238
Merit: 101
FrontEnd developer
October 21, 2017, 09:55:09 AM
#21
already below 60 Satoshi. Just darkness. Given that I know people who bought at 700-750 sat SIA in the belief that soon will be 3000.

So much fail by 90%. Here you need to have nerves of steel that just don't drain all the now.

It's hard to say how much the project will esperen. It employs 2-3 people in my team. \

I hope all of them will be good and after November they will be the mark of a thousand sat
sr. member
Activity: 364
Merit: 255
October 21, 2017, 09:42:49 AM
#20
You can for sure buy some SIA for this price. When bitcoin stabilizes, SIA will grow but all altcoins will as well.
newbie
Activity: 62
Merit: 0
October 21, 2017, 09:19:23 AM
#19
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

Maybe there is no need to worry. Most coins are dropping now.
newbie
Activity: 6
Merit: 0
October 21, 2017, 08:54:52 AM
#18
i bought at 180 sat and it's my biggest fault in crypto. I dont know why i didn't decide to sell it with minimum loss. Just the opposite, i bought more at less price ~100, i believed that it recover soon, and i can recover my loss... But this shit isn't going to stop dump, so i gave up and sell all at 68
And i'm not sure it will recover soon, i've decided to watching the price for buying when it touch the bottom.
Or just find more profitable coin and forget about sia..
full member
Activity: 882
Merit: 112
Your Data Belongs To You
October 21, 2017, 08:53:35 AM
#17
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

Similar situation here. All my alts are bleeding. Seems that everyone are going for BTC these days. But have to agree with some oin in this discussion that it will have to drop in some moment , it could be after the fork. it not all bad for me because I am holding LTC for short time, thinking that it should go up sooner or later because of BTC.

Regarding SIA, have my eyes on it for a while now. The IDEA behind it is solid but they have all these problems thus i do not know what o make form them right now.

I don't think sia is good investment at all. There are more storage coming out of thin air. Storage on chain is problematic in name of legality too. I won't buy sia I won't suggest it to anybody.

What thin air?
What is the problems regarding legality?
member
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October 21, 2017, 08:31:02 AM
#16
If btc pulls back after the fork the Alts will stay in the red until btc stabilizes.
sr. member
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Presale Starting May 1st
October 21, 2017, 08:19:07 AM
#15
I don't think sia is good investment at all. There are more storage coming out of thin air. Storage on chain is problematic in name of legality too. I won't buy sia I won't suggest it to anybody.
hero member
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October 21, 2017, 08:16:18 AM
#14
Seems cheap. But if you take a look at the price of BTC - and to buy SC you have to buy BTC first - it is not that cheap like you might think now. The last time, when SC was around 60 sat, was in April this year. At this time the value of BTC was 1.500$. Now you have to pay for one BTC 6.000$. Means 60 sats today have the same value like 240 sats in April. Already a good price for this coin. But converted in fiat the price for SC is - for example - absolute stable since middle of september.
Wink

This is what I meant by losses, I did not buy in USD, but in BTC, so I have lost BTC right now (only theoretically as I still am holding). I suppose if BTC does go down, this means the alts like SIA should recover, but the past patterns show that they do not really recover every time BTC traces back from ATH.

Sorry about your investment. 105 is not that high and in crypto world things move fast. SIA is not a shitty product soo wait.
But i hope you didn't go all in : place buy orders at different levels so no matter what, it's always a win.
I even have a buy order at 5 satoshi and 1 satoshi in case of a big red candle.

No worries, you are right, things move fast in Crypto and I do like Sia regardless of the price. I do go all in though! I have a big collection of alts that I buy at specific price ranges, but I will your strategy a thought, thank you!
hero member
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October 21, 2017, 08:10:45 AM
#13
I would buy alot of sia coins after i receive my btc hopefully it will still drop while im buying btc im pretty sure the undervalued coins at the moment will receive a skyrocket after the btc price drops dont worry about your loss you will recover it after the btc crash dont lose your hope still buy the coin even your loss is quite big you will recover it after the coins will skyrocket your profit also will skyrocket.
newbie
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October 21, 2017, 07:33:35 AM
#12
I heard that NEO has something like SC. It's called NeoFS. So people which want to invest, they rather choose more expanded crypto. The conclusion is obvious.
full member
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October 21, 2017, 07:26:52 AM
#11
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

You will cry some more as BTC looks like it's gonna go super nova and break 10k USD by the end of this year.  The rise will impact all altcoins negatively in BTC value for sure unless they too rise in fiat value.

The crypto to hold today is Bitcoin.

agree 100%, as that's exactly my current forecast atm: BTC @ 10,000usd by xmas, and alts suffering massively in the process. some alts may still be profitable for day trading or short-term operations (see ZEN rally these days) but in general entering long-haul hodls under current conditions may prove highly upsetting

We are on the chicken run to fork. Buy some BTC for 6.000$ per coin now, watch the highly possible dump after the fork which won't become compensated with an expected low price for BTCGold - and you are deeply in loss. It is never good to buy during a hype. For bigger profits you have to buy alts now.

absolutely. BTC will have a substantial pullback after the fork while alts will temporarily spike. that'll be a time for excellent profits if one has filled the bags in time but the window won't necessarily be too long. great to buy alts now in the dump if one is ready to trade them during that opening.
sr. member
Activity: 618
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October 21, 2017, 07:14:13 AM
#10
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

You will cry some more as BTC looks like it's gonna go super nova and break 10k USD by the end of this year.  The rise will impact all altcoins negatively in BTC value for sure unless they too rise in fiat value.

The crypto to hold today is Bitcoin.

agree 100%, as that's exactly my current forecast atm: BTC @ 10,000usd by xmas, and alts suffering massively in the process. some alts may still be profitable for day trading or short-term operations (see ZEN rally these days) but in general entering long-haul hodls under current conditions may prove highly upsetting

We are on the chicken run to fork. Buy some BTC for 6.000$ per coin now, watch the highly possible dump after the fork which won't become compensated with an expected low price for BTCGold - and you are deeply in loss. It is never good to buy during a hype. For bigger profits you have to buy alts now.
full member
Activity: 126
Merit: 100
October 21, 2017, 06:50:09 AM
#9
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

You will cry some more as BTC looks like it's gonna go super nova and break 10k USD by the end of this year.  The rise will impact all altcoins negatively in BTC value for sure unless they too rise in fiat value.

The crypto to hold today is Bitcoin.

agree 100%, as that's exactly my current forecast atm: BTC @ 10,000usd by xmas, and alts suffering massively in the process. some alts may still be profitable for day trading or short-term operations (see ZEN rally these days) but in general entering long-haul hodls under current conditions may prove highly upsetting
legendary
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October 21, 2017, 06:43:12 AM
#8
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.

You will cry some more as BTC looks like it's gonna go super nova and break 10k USD by the end of this year.  The rise will impact all altcoins negatively in BTC value for sure unless they too rise in fiat value.

The crypto to hold today is Bitcoin.
sr. member
Activity: 588
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October 21, 2017, 06:37:32 AM
#7
I remember when it was 850 satoshi. It's hard to understand why you fell so low.
member
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October 21, 2017, 06:31:27 AM
#6
Be confident in future Rzqt!
I already buy some SIA last week because of low price and promising future.
Price is lower today but the future is coming!  Grin
newbie
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October 21, 2017, 06:17:10 AM
#5
I agree, but when you have all that new money that flows in crypto, a stable price in dollar is an undervalued price for trading.
sr. member
Activity: 618
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October 21, 2017, 06:03:02 AM
#4
Seems cheap. But if you take a look at the price of BTC - and to buy SC you have to buy BTC first - it is not that cheap like you might think now. The last time, when SC was around 60 sat, was in April this year. At this time the value of BTC was 1.500$. Now you have to pay for one BTC 6.000$. Means 60 sats today have the same value like 240 sats in April. Already a good price for this coin. But converted in fiat the price for SC is - for example - absolute stable since middle of september.
Wink
newbie
Activity: 31
Merit: 0
October 21, 2017, 06:01:36 AM
#3
Sorry about your investment. 105 is not that high and in crypto world things move fast. SIA is not a shitty product soo wait.
But i hope you didn't go all in : place buy orders at different levels so no matter what, it's always a win.
I even have a buy order at 5 satoshi and 1 satoshi in case of a big red candle.
hero member
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Temporary forum vacation
October 21, 2017, 05:53:01 AM
#2
I am definitely "crying" right now because when I bought SIA, it was just above 105. I thought to myself at the time, hey if it even goes back to 150, I make a nice 45% profit almost. Now, I'm more than 45% in loss. I have no idea when these alts will ever recover. I think a lot of us people are completely regretting giving up our Bitcoins for alts. Sure, we did not lose much fiat value because BTC is just upping, but we lose profits, and we will lose Bitcoin Gold.
newbie
Activity: 31
Merit: 0
October 21, 2017, 05:30:57 AM
#1
Bitcoin storm is here, alts are dying and we have nice opportunities like for SIA. Price at 60 satoshis, market cap at 100M, team expanding, nice roadmap ( https://trello.com/b/Io1dDyuI/sia-public-roadmap )

What price are you going to get in ?

Do you think it can go under 40 satoshis ?
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