Topic: Siacoin future ? - page 4. (Read 36804 times)
SIAcoin team need to show us now that they can actually compete in the space, some new competing project have enter the space this year and it is telling on the project. It is a nice idea and have a good team to deliver on their promise
It looks dead, price-wise. I can't see a massive pump happening. I think it will just fall gradually but continually. You can take it that I'm not a big fan.
I think this coin will pump up in the future, not immediately though but slowly it will increase its price. Time will only tell and hoping good news or new updates from this coin too. I'll probably give this coin around 5 years to see if it will increase or not.
Check out this article written roughly a month ago
https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
The coin is now under half a cent. Any thoughts as to whether or not this coin will reach $0.02 by mid-2018?
https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
The coin is now under half a cent. Any thoughts as to whether or not this coin will reach $0.02 by mid-2018?
Their creators probably always knew that their coin was going to be at this low, low price for a very long time. Whatever we witnessed on Sia's rise previously were all the actions of whales and profit takers. I do not usually like how projects launch ICOs for products that do not exist, but I guess it is not Sia's fault in this case that millions were invested in this project and that has partially piled on the pressure.
In fact I am amazed that the price has held so well with all the ETH miners dumping it daily. 2 cents in 2018 = modest estimate!
Check out this article written roughly a month ago
https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
The coin is now under half a cent. Any thoughts as to whether or not this coin will reach $0.02 by mid-2018?
https://arstechnica.com/information-technology/2017/08/investors-poured-millions-into-a-storage-network-that-doesnt-exist/
The coin is now under half a cent. Any thoughts as to whether or not this coin will reach $0.02 by mid-2018?
It all depends on what someone is willing to buy siacoin at and what someone is willing to sell siacoin at. It will be a game of supply and demand for siacoin, as the "cloud" will be a $390B industry by 2020. As a solid value coin, if other alts will fall for some reason, siacoin could also be in demand as investment. If siacoin was $5/coin, people would simply buy a percentage of the coin if storage cost was less, so the claim that the developers wanting it to stay low is not true.
Siacoin has a working service, and there is a demand for this service. There's an article on Storj with their $30M ICO and what they have/have not accomplished that their investors should look into.
Siacoin has a working service, and there is a demand for this service. There's an article on Storj with their $30M ICO and what they have/have not accomplished that their investors should look into.
sia coin huge pump incoming. If you want to quadruble your money. now is the right time.
Is $0,10 even possible? or should i just give up hope on such profits
remember that sia is dumped each day buy miners, because claymore released a dual mining, and they get free sia by mining ETH, so i doubt this coin will increase much, there are also other coins that do what sia can do i see nothing special in siacoin to be fair
Is $0,10 even possible? or should i just give up hope on such profits
I think its unlikely.
Is $0,10 even possible? or should i just give up hope on such profits
It is a weird situation with Siacoin. If the price would rise, the purpose would be ruined, since the price of cloud storage on siacoin would become too high.
One of the few coins in existence with a real use case built in. it may not go up but it wont go away.
It is a weird situation with Siacoin. If the price would rise, the purpose would be ruined, since the price of cloud storage on siacoin would become too high.
SC is now 116 satoshis. Congratulations. The secret in crypto trading is sell high hodl when low. Of course this rule does not apply on shitcoins.
SC hit 175 sat ,, on polo 2 days ago,,
and all time high is 178 sat,, if the price can break it,, thats will be good for SC
congrats holders
SC is now 116 satoshis. Congratulations. The secret in crypto trading is sell high hodl when low. Of course this rule does not apply on shitcoins.
116 satoshi is a lot, but every single crapcoin is rallying past month, so why should not the ones that actually do solve some problem.
Far too will develop. Super storage project .
SC is now 116 satoshis. Congratulations. The secret in crypto trading is sell high hodl when low. Of course this rule does not apply on shitcoins.
Plenty of people constantly stating coins will get burned if needed, can someone post something that actually states something similar? Siacoin definitely looks like it's got a lot more potential so from our perspective it would be nice to know.
I think Sia a good future ahead of it. Coins and some good innovation over the other hard drive coins. I still am unsure I would ever want someone to store stuff on my hard drive. But coin has some good value to it soon I bet.
Future is moon 
Do not expect the price of siacoin to go up too much or as others say to the moon, siacoin implementation has special features to prevent the price from going up to high, will coin burns as well as inflation inbuilt
Can you elaborate on this? This is my first time hearing about it. If not as an investment, then what is the point of buying Siacoin?
Pretty much everything can be found on sia.tech and the white paper. Too much to explain that can simply be copy pasted. Sia coin is used as a token of payment, not every crypto is for simply investment...
I hate you right now... I just read the entire whitepaper and see no mention of these supposed "special features". I don't think you know what you are talking about. There is a "tail emission", but that is hardly a novel feature, as many cryptocurrencies have this feature. The whitepaper doesn't makes any mention of burning fees either.
Quote from: Whitepaper
Sia is a product of Nebulous Incorporated. Nebulous
is a for-profit company, and Sia is intended to become
a primary source of income for the company
...
Nebulous intends to generate revenue from
Sia in a manner proportional to the value added by
Sia, as determined by the value of the contracts set
up between clients and hosts. This is accomplished
by imposing a fee on all contracts. When a contract
is created, 3.9% of the contract fund is removed and
distributed to the holders of siafunds
is a for-profit company, and Sia is intended to become
a primary source of income for the company
...
Nebulous intends to generate revenue from
Sia in a manner proportional to the value added by
Sia, as determined by the value of the contracts set
up between clients and hosts. This is accomplished
by imposing a fee on all contracts. When a contract
is created, 3.9% of the contract fund is removed and
distributed to the holders of siafunds
Siacoins are definitely intended to be an investment...
Sure, you can use them to use the service, but most people around these parts would most likely be looking into Siacoin as investors.
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