Topic: Siacoin Epic Monster Moon - page 29. (Read 76313 times)

I bought a bit of both.
STORJOIN looks promising too.

although i don't much of SIA or STORJOIN, i am buying this for a long time ago before halving i guess and i don't sell it right now, because i am make this 2 coins as another long term investment coins beside another coins. i think if btc is going down, this 2 coins will be increase and i see in STORJOIN in yesterday, the volume and price is increase although the price is not yet reach new price.

Sia is a better project.  while some others were asking money for a concept sia devs were silently perfecting their tech.  now there is a tangible real world product that runs off it that average joe user can just buy and use without being an IT or network specialist to set it up. read the whitepaper on sia.

I am interested in decentralized storage.
But I do not know which project is better to invest: SIA or STORJCOIN.

I'm a fan. I think this is a long term play. Too much supply, I don't expect a DASH like rise. Actually has a minimum viable product that addresses a strong market need and unit economics make sense. My biggest beef is lack of open source contribution.

its really amazing this project seems to be aiming not only 100sat but might be possible to reach 200-250 sat in no time looking at is as a good investment long hold would be profitable more its between trust and the project growth.

We are heading towards 100 sat but it depends on BTC action as well. If price will fall, Sia will rise in terms of BTC. If not, we should see a pullback.

Sia interested project. I will hope for further growth.
By some coins.

Nice move to 72 sat in price. I hope we will see 100 sat soon.
The Siacoin has great potential.

a bit optimistic dont you think? its need to double and then some
we will get there, but not so soon

siacoin rising near ath

http://coinmarketcap.com/currencies/siacoin/

Exactly, decentralized storage will be more popular in recent years, Maidsafe, siacoin and Storjcoin X are all in my watching list, they are undervalued now.

Guys. I only got $27. Do you think investing in Sia coin and holding would be worthwhile? Or should I try and grow my money first? Thanks

Yeah, it was really a great call. I should follow dbt1033 every time when he publish his forecast.

the thing with siacoin is that its actually a great product, alot of coins are useless crap and are pumping atm for NO reason.

dont chase the fast money its worthless, what ive learned from that thread and other research is that the reason why the coins are so cheap is the very high suply. aparently there will get alot of coins burned through the times and the price will rise alot . because then this coin has both functuality PLUS small quantity.

it was explained on page 2 like this :


"Everyday many sia coins are burned and taken out of supply forever. That's why the inflation is kept in place, it simply replaces the coins that are burned.

From the siatalk forums:

"A key part of Sia's approach to stopping Sybil attackers is proof-of-burn. Hosts burn coins by sending them to a provably unspendable address. Hosts are expected to burn a portion of their revenue (~4%) as a demonstration that they are real. Renters will select hosts that have burned coins with a probability that grows in a linear relationship to the total number of coins burned. Therefore, a host that has burned 2x as many coins will be twice as likely to be selected as another host that has all other factors the same. This provides a very important defence against Sybil attacks. An attacker that is trying to manipulate a renter will need to have all of the excess redundancy of a file before being able to commit an attack. For a file with 3x redundancy, that means the attacker will need to get at least 2.1x of that redundancy, which means that the attacker will need to burn enough coins to look like 67% of the network. That entails burning 1.5x as many coins as the rest of the network has burned combined. Especially as the network grows and matures, collecting that many coins is going to be prohibitive. Unlike proof-of-stake systems, it's not sufficient to just collect those coins, they actually need to be burned, which means there's no chance of recovering that investment. While not wholly infeasible, performing a Sybil attack on Sia should be more expensive than performing a 51% attack on Bitcoin. Even better, paranoid renters can protect themselves more fully by using a higher redundancy. Renters storing at 10x redundancy are safe unless the attacker looks like 91% of the network, requiring the attacker to burn 9x as many coins as the rest of the network combined to be successful."

I think, it is already cheap. But in my opinion, it won't reach 500 sat in the next years, because this coin is ment to be cheap. But we will see, what the market is thinking of its value...

But that is only a good thing. Harder it grows, harder also falls.  I have no ideas how cheap or expensive coin is right now.

It is hard to rise for SC.
Just take a look at the sell orders at polo:
10 BTC at 69 sat
11 BTC at 70 sat
24 BTC at 71 sat

... and so on.

About 215 BTC value will be sold until 82 sat!
Impossible to rise a lot at the moment.

yeah sure great call at just onder 40 sats.
But i just see no epic rise to the moon yet.
i bougt a day before this topic started, and i was expecting to reach a 100 sats by now.
will see what's gonna happen

69 sats right now, he called the rise when it was at the 30s sat. Good skills by OP has made me money.