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Topic: Siacoin Epic Monster Moon - page 11. (Read 76293 times)

sr. member
Activity: 686
Merit: 250
July 13, 2017, 01:42:59 PM
I can´t find the article again. From what i remember it related the number of coins available to the storage space rented or sold. And arrived to a value in USD. then the value of 89 sats was related to the price of BTC at the time.
What i´m trying to see here is with constant mining of new coins (incrinsing suply) can we expect a real epic monster moon from current prices? Is this good store of value? or more of a good day trade/small profit coin?

I don't think Sia is the coin for you, it is probably best you move on. Investing in Sia now is like investing at the Venture Captial stage, and this risk is not for everybody.

Not moving on right now:) too many Siacoins in my wallet to "simply" move on. Anyway i was trying to see if anyone had the answers. But it seems that the project it´s new and we will have to wait and see what the future brings.
full member
Activity: 135
Merit: 100
July 13, 2017, 01:33:56 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
full member
Activity: 284
Merit: 100
July 13, 2017, 01:27:49 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...
sr. member
Activity: 1181
Merit: 259
July 13, 2017, 12:45:27 PM
I can´t find the article again. From what i remember it related the number of coins available to the storage space rented or sold. And arrived to a value in USD. then the value of 89 sats was related to the price of BTC at the time.
What i´m trying to see here is with constant mining of new coins (incrinsing suply) can we expect a real epic monster moon from current prices? Is this good store of value? or more of a good day trade/small profit coin?

I don't think Sia is the coin for you, it is probably best you move on. Investing in Sia now is like investing at the Venture Captial stage, and this risk is not for everybody.
sr. member
Activity: 686
Merit: 250
July 13, 2017, 07:52:09 AM
Sia got hit harder than most alts... even though the entire crypto market took a nosedive. Some coins are straight up shitcoins but Sia has good long term potential and a solid team behind it. So I was really surprised that it would get hit so brutally.

There was a bit of panic around the Obelisk uncertainty and funding but it seems to have been sorted out.

They have 1200 Obelisk pre-orders and they will move forward with the production (people who ordered will get an estimated 250GH/s now)

The received a $400K grant from Li Xiaolai, a well-known billionaire in the crypto space who believes in Sia's future

NBlockchain provided the grant so that the Sia team can focus on development and not on fundraising. "Don't worry about money, just have things well done,” said Li Xiaolai, founder of INBlockchain.


So, the price drop did hurt me a lot... but I'm also more confident that it will recover. What worries me the most is if BTC rallys to $5000-$10,000, shouldn't the ratio of SC/BTC drop even more? Otherwise, I really do think SC has been oversold, especially since some of the uncertainty has been relieved and the team can fully focus on development for the next year. But I do have a bad feeling that the downtrend isn't over yet... and SC could potentially drop as low as 150 sats. 

Sad

I was reading an analizes that considered the "real" price of SIA, and by that they meant the price of SIA related to the rented/sold storage space around 89 sats. That being said everything above that would be from hype/speculation. What are your opinions on this?

I really have no idea where the "real" price of SC should be... how did the calculate 89 sats as real price?

I can´t find the article again. From what i remember it related the number of coins available to the storage space rented or sold. And arrived to a value in USD. then the value of 89 sats was related to the price of BTC at the time.
What i´m trying to see here is with constant mining of new coins (incrinsing suply) can we expect a real epic monster moon from current prices? Is this good store of value? or more of a good day trade/small profit coin?
full member
Activity: 134
Merit: 100
July 13, 2017, 05:44:06 AM
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.
sr. member
Activity: 308
Merit: 250
July 13, 2017, 04:04:51 AM
During the next few weeks might be the best time to add to your bag.

I just bought SC, was that a good onvestment? Is it right to buy this coin this week?

Well, you never know 100% surely but looking at the development and perspectives on this coin, I don't think you did wrong. I believe the price has a longer ride upwards than downwards.
sr. member
Activity: 658
Merit: 254
For campaign management, please pm me.
July 13, 2017, 01:39:19 AM
During the next few weeks might be the best time to add to your bag.

I just bought SC, was that a good onvestment? Is it right to buy this coin this week?
legendary
Activity: 1330
Merit: 1000
dafar consulting
July 12, 2017, 04:31:01 PM
Sia got hit harder than most alts... even though the entire crypto market took a nosedive. Some coins are straight up shitcoins but Sia has good long term potential and a solid team behind it. So I was really surprised that it would get hit so brutally.

There was a bit of panic around the Obelisk uncertainty and funding but it seems to have been sorted out.

They have 1200 Obelisk pre-orders and they will move forward with the production (people who ordered will get an estimated 250GH/s now)

The received a $400K grant from Li Xiaolai, a well-known billionaire in the crypto space who believes in Sia's future

NBlockchain provided the grant so that the Sia team can focus on development and not on fundraising. "Don't worry about money, just have things well done,” said Li Xiaolai, founder of INBlockchain.


So, the price drop did hurt me a lot... but I'm also more confident that it will recover. What worries me the most is if BTC rallys to $5000-$10,000, shouldn't the ratio of SC/BTC drop even more? Otherwise, I really do think SC has been oversold, especially since some of the uncertainty has been relieved and the team can fully focus on development for the next year. But I do have a bad feeling that the downtrend isn't over yet... and SC could potentially drop as low as 150 sats. 

Sad

I was reading an analizes that considered the "real" price of SIA, and by that they meant the price of SIA related to the rented/sold storage space around 89 sats. That being said everything above that would be from hype/speculation. What are your opinions on this?

I really have no idea where the "real" price of SC should be... how did the calculate 89 sats as real price?
sr. member
Activity: 686
Merit: 250
July 12, 2017, 03:35:49 PM
Sia got hit harder than most alts... even though the entire crypto market took a nosedive. Some coins are straight up shitcoins but Sia has good long term potential and a solid team behind it. So I was really surprised that it would get hit so brutally.

There was a bit of panic around the Obelisk uncertainty and funding but it seems to have been sorted out.

They have 1200 Obelisk pre-orders and they will move forward with the production (people who ordered will get an estimated 250GH/s now)

The received a $400K grant from Li Xiaolai, a well-known billionaire in the crypto space who believes in Sia's future

NBlockchain provided the grant so that the Sia team can focus on development and not on fundraising. "Don't worry about money, just have things well done,” said Li Xiaolai, founder of INBlockchain.


So, the price drop did hurt me a lot... but I'm also more confident that it will recover. What worries me the most is if BTC rallys to $5000-$10,000, shouldn't the ratio of SC/BTC drop even more? Otherwise, I really do think SC has been oversold, especially since some of the uncertainty has been relieved and the team can fully focus on development for the next year. But I do have a bad feeling that the downtrend isn't over yet... and SC could potentially drop as low as 150 sats. 

Sad

I was reading an analizes that considered the "real" price of SIA, and by that they meant the price of SIA related to the rented/sold storage space around 89 sats. That being said everything above that would be from hype/speculation. What are your opinions on this?
legendary
Activity: 1330
Merit: 1000
dafar consulting
July 12, 2017, 10:56:07 AM
Sia got hit harder than most alts... even though the entire crypto market took a nosedive. Some coins are straight up shitcoins but Sia has good long term potential and a solid team behind it. So I was really surprised that it would get hit so brutally.

There was a bit of panic around the Obelisk uncertainty and funding but it seems to have been sorted out.

They have 1200 Obelisk pre-orders and they will move forward with the production (people who ordered will get an estimated 250GH/s now)

The received a $400K grant from Li Xiaolai, a well-known billionaire in the crypto space who believes in Sia's future

NBlockchain provided the grant so that the Sia team can focus on development and not on fundraising. "Don't worry about money, just have things well done,” said Li Xiaolai, founder of INBlockchain.


So, the price drop did hurt me a lot... but I'm also more confident that it will recover. What worries me the most is if BTC rallys to $5000-$10,000, shouldn't the ratio of SC/BTC drop even more? Otherwise, I really do think SC has been oversold, especially since some of the uncertainty has been relieved and the team can fully focus on development for the next year. But I do have a bad feeling that the downtrend isn't over yet... and SC could potentially drop as low as 150 sats. 

Sad
newbie
Activity: 27
Merit: 0
July 12, 2017, 09:57:21 AM
I'm mining SIA atm, don't have a whole lot of SIA, but hoping it's a long term hold
copper member
Activity: 2898
Merit: 1465
Clueless!
July 12, 2017, 06:56:41 AM
Anyone here gamble on the oblisk SC coin Siacoin miner at $2500 usd? Besides me? (I got one for now).

Got one aswell, also preordered a Minebox Smiley


Ah ..the minebox....I might just build one....what kinda 'rent' or whatever do you get and what do you expect
to get say this month if you were to turn on one of the 2 flavor sizes minebox they are selling?

8th
16th
more?

would be nice if I could get a ballpark figure..of "I built one and am making after electric about say $111 a month

I would not expect much ..but hell, got no info at all on ave siacoin storage returns in $$$ on a minebox etc

maybe I too will get motivated...but selling space? etc no clue have I.......

thanks

brad
newbie
Activity: 13
Merit: 0
July 12, 2017, 06:47:10 AM
Anyone here gamble on the oblisk SC coin Siacoin miner at $2500 usd? Besides me? (I got one for now).

Got one aswell, also preordered a Minebox Smiley
legendary
Activity: 1085
Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
July 12, 2017, 06:40:26 AM
Everything right now seems a reset of last week of May, the price might jump again anytime til next month, but who knows? As for me, it is safe to buy to gain profit in the near future.
newbie
Activity: 12
Merit: 0
July 12, 2017, 05:41:36 AM
During the next few weeks might be the best time to add to your bag.
hero member
Activity: 1288
Merit: 508
Leading Crypto Sports Betting & Casino Platform
July 12, 2017, 05:38:41 AM
Many people don't patience they sell them at the lower price, right now is the best time to buyers who are willing to buy the SIA coin.
After few days there will be a big growth in the coin so it might give you a large amount of money if you buy them now.
sr. member
Activity: 1181
Merit: 259
July 12, 2017, 05:14:39 AM
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

If you can't sleep at night, maybe investing in crypto is not for you and should sell now. After the epic run crypto had in the first half of 2017 a deep correction was expected.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
July 11, 2017, 10:57:45 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

Because panic sell a lot of people, not just SIA, almost all the altcoin price is going down
Correct, price depreciation is almost seens on most coins in the market and Siacoin isnt on the exception even Bitcoin itself which means theres a price correction and panic selling happening as of now thats why they are all on reds. It your own choice to trust this coin or not and bying a little more cheaper coin would really be ideal but we should wait a little further because if we buy now we wont know if it would still dig deep and would really cause negative portfolio for sure.
full member
Activity: 141
Merit: 100
July 11, 2017, 09:37:59 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

Because panic sell a lot of people, not just SIA, almost all the altcoin price is going down
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