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Topic: Siacoin Epic Monster Moon - page 10. (Read 76285 times)

newbie
Activity: 46
Merit: 0
July 24, 2017, 10:40:13 PM
The weak hands have been all shaken out from the crash and things are looking on the up and up for Sia.

Volume is increasing and it's testing 400 sats again. I expect it will get back to 500 sats soon as people FOMO their way back in.
full member
Activity: 154
Merit: 100
July 23, 2017, 08:48:09 PM
it is a surprised that SC is actually lucrative Smiley
I was not confidence that SC would grow and having bigger price this soon.

It seems HODL is the best option.

Well like others says that this is a shitcoin but look at it now. It pumps really hard. Just hope it's not just a bubble.
They say sometimes having an undervalued coins will be a good player in the market. Like nobody can't really tell huh.
member
Activity: 120
Merit: 10
July 23, 2017, 08:13:57 PM
sia only Pump & dump coin like dgb,always follow dgb
sr. member
Activity: 476
Merit: 250
July 23, 2017, 05:36:20 PM
SIA has crashed way too much and with the recovery of BTC, I'd expect some momentum on SIA's side as well. However, things are not going as I expected.
full member
Activity: 151
Merit: 100
July 23, 2017, 03:08:41 PM
Good entry imo (looking on charts) to buy "few" coins and take profit at ~440
sr. member
Activity: 1181
Merit: 259
July 23, 2017, 07:32:35 AM
1) I think Sia was hyped more than other coins and got a little ahead of itself too fast. Too much hype means to high of a price, where a slower natural growth would be preferred. Since Sia may end up being a blockchain storage protocol layer much attention is warranted, but too much can be a bad thing.

2) Since BTC is the primary coin traders use to obtain Sia and most other alts the BTC price often has an impact. Some of it is not just BTC, but the whole crypto market rose very fast in the spring and some consolidation should not surprise anyone. It my belief we are in the early life cycle of crypto currencies, and all this will look like a tiny bump in the road when the whole crypto market is valued at 3 - 5 trillion dollars 3 to five years from now. I think when the fear over BTC scaling is over (sometime in the fall) the crypto market will have another pump up.

- Who knows, but all this means in 3 - 5 years Sia may be valued over $.50, and maybe even $1.

Thank you for your very helpful answer, I think I understand how BTC is the coin used to trade, but I wonder why there are no exchangers that try to promote other ALTs (other than trading with Doge, Litecoin and Ethereum which even are low volume). Why not a Siacoin exchange by the devs, for example.

Anyway, I still am wondering what to do with all these alts. So afraid to go in on them when I see Siacoin's history.

Building an exchange is not what we want the devs to focus on. The price will take care of itself as long as the devs deliver the product. But coins such as Komodo are working on an coin-exchange swap ecosystem which may end up being the preferred way to trade in the future, we will see.

- Crypto is not for the faint of heart. It is extremely volatile with price swings of 10% almost daily, and sometimes 30%+ swings. I was afraid back in 2015 when I first got into bitcoin, after a few months the volatility doesn't bother you as much.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 23, 2017, 06:17:47 AM
1) I think Sia was hyped more than other coins and got a little ahead of itself too fast. Too much hype means to high of a price, where a slower natural growth would be preferred. Since Sia may end up being a blockchain storage protocol layer much attention is warranted, but too much can be a bad thing.

2) Since BTC is the primary coin traders use to obtain Sia and most other alts the BTC price often has an impact. Some of it is not just BTC, but the whole crypto market rose very fast in the spring and some consolidation should not surprise anyone. It my belief we are in the early life cycle of crypto currencies, and all this will look like a tiny bump in the road when the whole crypto market is valued at 3 - 5 trillion dollars 3 to five years from now. I think when the fear over BTC scaling is over (sometime in the fall) the crypto market will have another pump up.

- Who knows, but all this means in 3 - 5 years Sia may be valued over $.50, and maybe even $1.

Thank you for your very helpful answer, I think I understand how BTC is the coin used to trade, but I wonder why there are no exchangers that try to promote other ALTs (other than trading with Doge, Litecoin and Ethereum which even are low volume). Why not a Siacoin exchange by the devs, for example.

Anyway, I still am wondering what to do with all these alts. So afraid to go in on them when I see Siacoin's history.
legendary
Activity: 1330
Merit: 1000
dafar consulting
July 22, 2017, 12:51:10 AM
Can anyone explain two things:

1. Why did Siacoin crash harder than the other alts, even though there is a strong backing from people in the business?
2. How is it an alt will always depend on BTC to stay up or down? Why can't alts, especially like Siacoin hold their own ups and downs?

I explain the reasons with my current knowledge gladly.

1. Siacoin is a pumped trash. So it's very normal losing its value while the real altcoins save their values.
2. Alts hold their own down and ups, but only the real alts. Not the ones like siacoin.


Lol good trolling. Now GTFO
full member
Activity: 198
Merit: 100
July 21, 2017, 07:37:24 PM
Can anyone explain two things:

1. Why did Siacoin crash harder than the other alts, even though there is a strong backing from people in the business?
2. How is it an alt will always depend on BTC to stay up or down? Why can't alts, especially like Siacoin hold their own ups and downs?

I explain the reasons with my current knowledge gladly.

1. Siacoin is a pumped trash. So it's very normal losing its value while the real altcoins save their values.
2. Alts hold their own down and ups, but only the real alts. Not the ones like siacoin.
full member
Activity: 196
Merit: 135
Sit back, relax, eat some nachos and have a drink.
July 21, 2017, 06:55:16 PM
3-5 years to reach 0.50 cents...that's great. So 0.25 cents should be 1.5-2.5 years. 20 cents even sooner.
sr. member
Activity: 1181
Merit: 259
July 21, 2017, 01:04:49 PM
Can anyone explain two things:

1. Why did Siacoin crash harder than the other alts, even though there is a strong backing from people in the business?
2. How is it an alt will always depend on BTC to stay up or down? Why can't alts, especially like Siacoin hold their own ups and downs?

1) I think Sia was hyped more than other coins and got a little ahead of itself too fast. Too much hype means to high of a price, where a slower natural growth would be preferred. Since Sia may end up being a blockchain storage protocol layer much attention is warranted, but too much can be a bad thing.

2) Since BTC is the primary coin traders use to obtain Sia and most other alts the BTC price often has an impact. Some of it is not just BTC, but the whole crypto market rose very fast in the spring and some consolidation should not surprise anyone. It my belief we are in the early life cycle of crypto currencies, and all this will look like a tiny bump in the road when the whole crypto market is valued at 3 - 5 trillion dollars 3 to five years from now. I think when the fear over BTC scaling is over (sometime in the fall) the crypto market will have another pump up.

- Who knows, but all this means in 3 - 5 years Sia may be valued over $.50, and maybe even $1.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 21, 2017, 09:49:32 AM
Can anyone explain two things:

1. Why did Siacoin crash harder than the other alts, even though there is a strong backing from people in the business?
2. How is it an alt will always depend on BTC to stay up or down? Why can't alts, especially like Siacoin hold their own ups and downs?
full member
Activity: 284
Merit: 100
July 21, 2017, 09:32:56 AM
how much does it cost to store an HD movie on Sia?  how does the speed/price compare to centralized services?

if it's a lot more.. you do realize the only thing Sia is gonna be used for right?

Full-on rip of a BluRay is about 16GB? Would cost about 4 cents or something.
if that would make 160 GB 40 cents then that is actually not bad. do you have to pay monthly? i suppose you would have to but a one time payment would be quite interesting Shocked
full member
Activity: 196
Merit: 135
Sit back, relax, eat some nachos and have a drink.
July 21, 2017, 08:34:44 AM
how much does it cost to store an HD movie on Sia?  how does the speed/price compare to centralized services?

if it's a lot more.. you do realize the only thing Sia is gonna be used for right?

Full-on rip of a BluRay is about 16GB? Would cost about 4 cents or something.
sr. member
Activity: 1181
Merit: 259
July 21, 2017, 07:48:30 AM
hello

I really want to know why SIAcoin become too much famous DBG is better then SIA and most of other coin why people invest in SIA??

Any good reason ?

Thanks


DBG = Digital Bullion Gold are you sure you don't mean: DGB = Digibyte ?

Regardless, DBG tracks gold, and DGB is a gaming credit type coin. Both are in completely different spaces than Sia. Sia is a cloud storage coin focusing on secure private decentralized cloud storage. The cloud storage is a huge market, and if Sia can capture a chunk of it the price of Sia should skyrocket. Also the Sia Development team is second to none and very responsive.
hero member
Activity: 615
Merit: 500
July 21, 2017, 02:53:49 AM
how much does it cost to store an HD movie on Sia?  how does the speed/price compare to centralized services?

if it's a lot more.. you do realize the only thing Sia is gonna be used for right?
member
Activity: 70
Merit: 10
July 20, 2017, 09:26:30 PM
hello

I really want to know why SIAcoin become too much famous DBG is better then SIA and most of other coin why people invest in SIA??

Any good reason ?

Thanks
full member
Activity: 170
Merit: 100
July 20, 2017, 02:32:27 PM
My question is why SIA dump all the way ? is there any issue with codes ? what happened i really want to know should sold out all SIA?
i can not understand what to do ?

Thanks
regards
sayyedraza

Did you look at the other coins? I don't think there is a problem related to Siacoin. Where did you understand codes have issue? The market made a dump for all coins. So it's not special to siacoin.
full member
Activity: 135
Merit: 100
July 13, 2017, 02:12:10 PM
i would never store my files on sia. god knows what may ever happen to them. would you use sia for storage?
i think siacoin is more hype than actually a product that anyone is willing to use. please do tell if u would buy their storage and why. i couldn't imagine...



Go and ask the 1000 people that host on their network. How can you say hype when they're actual hosts on the network Huh

yea i was hoping that one of them would be here. 1000 is nothing compared to regular solutions.


We're still in such an early stage... Time will come.
full member
Activity: 284
Merit: 100
July 13, 2017, 01:44:49 PM
i would never store my files on sia. god knows what may ever happen to them. would you use sia for storage?
i think siacoin is more hype than actually a product that anyone is willing to use. please do tell if u would buy their storage and why. i couldn't imagine...



Go and ask the 1000 people that host on their network. How can you say hype when they're actual hosts on the network Huh

yea i was hoping that one of them would be here. 1000 is nothing compared to regular solutions.
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