Author

Topic: SiaCoin (Sc) (Read 1332 times)

full member
Activity: 196
Merit: 135
Sit back, relax, eat some nachos and have a drink.
September 17, 2017, 12:05:07 PM
#17
sia has a good system network,
but as far as i know siacoin is very hard to mine,
it need capacity of the hardware to mine and take a lot of time to fill the space.
the more you have the bigger it will be,but the problem is not about how much your space.
but how long it will take a time to fill it all,
i heard to fill 1Gb it need a week or around that.
so even if you have 1Pentabyte hardware,it will useless because you need to wait a long time to fill it all.

about future of this coin,i do not know.
but many people told me to hold it if you want to buy a safe coin for long run.


I don't expect much out of SC in the future. They have "official" asic miners that will be released next year. Each miner will mine approximately 150,000 SC a month. They are initially selling 4000 of them.

Which means the already massive amount of SC in circulation now will increase exponentially next year.

I'm starting to think SC is just a money grab coin. No major developments recently -- and now they are trying to make money by selling asics to mine more of their coins, which nobody is currently using.

I have been holding quite a bit of SC this entire year and following the project and am seeing essentially no progress whatsoever.

I'm half on board with what you're saying.

1. SC will drop dramatically when people are mining millions per month. I once (no longer) held 4 million Sia, once worth 10 BTC, will be worth nothing. I have sold but will buy again after ASICs have had their time.

2. There HAS been development. I think the issue now is "who wants to use Sia?"
full member
Activity: 266
Merit: 100
September 17, 2017, 11:08:32 AM
#16
sia has a good system network,
but as far as i know siacoin is very hard to mine,
it need capacity of the hardware to mine and take a lot of time to fill the space.
the more you have the bigger it will be,but the problem is not about how much your space.
but how long it will take a time to fill it all,
i heard to fill 1Gb it need a week or around that.
so even if you have 1Pentabyte hardware,it will useless because you need to wait a long time to fill it all.

about future of this coin,i do not know.
but many people told me to hold it if you want to buy a safe coin for long run.


I don't expect much out of SC in the future. They have "official" asic miners that will be released next year. Each miner will mine approximately 150,000 SC a month. They are initially selling 4000 of them.

Which means the already massive amount of SC in circulation now will increase exponentially next year.

I'm starting to think SC is just a money grab coin. No major developments recently -- and now they are trying to make money by selling asics to mine more of their coins, which nobody is currently using.

I have been holding quite a bit of SC this entire year and following the project and am seeing essentially no progress whatsoever.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
September 17, 2017, 10:33:20 AM
#15
sia has a good system network,
but as far as i know siacoin is very hard to mine,
it need capacity of the hardware to mine and take a lot of time to fill the space.
the more you have the bigger it will be,but the problem is not about how much your space.
but how long it will take a time to fill it all,
i heard to fill 1Gb it need a week or around that.
so even if you have 1Pentabyte hardware,it will useless because you need to wait a long time to fill it all.

about future of this coin,i do not know.
but many people told me to hold it if you want to buy a safe coin for long run.
sr. member
Activity: 364
Merit: 255
September 17, 2017, 05:42:53 AM
#14
It would not increase very much, look at the supply
newbie
Activity: 7
Merit: 0
September 17, 2017, 05:42:25 AM
#13
by default, SIA wallet backup (or password) is the same as wallet address itself. I've also tried to rent out space with no takers..  Needs a new gui imho.
newbie
Activity: 22
Merit: 0
September 17, 2017, 05:22:21 AM
#12
I think the concept of decentralized storage is a very good concept. Siacoin is one of the better altcoins available in the market today and i believe siacoin will go up very soon. I am expect the price of siacoin to double by end of this year.

Unfortunately the price is falling every single day. Even when the rest of the coins have stopped falling, Sia keeps falling. Also there is Filecoin with similar concept. If Sia doesn't keep up with the advertising and expansion and mass adoption, it will be over soon.

It's overvalued. It's a good idea, but not nearly as much as it does at the moment.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
September 16, 2017, 11:58:45 PM
#11
I think the concept of decentralized storage is a very good concept. Siacoin is one of the better altcoins available in the market today and i believe siacoin will go up very soon. I am expect the price of siacoin to double by end of this year.

Unfortunately the price is falling every single day. Even when the rest of the coins have stopped falling, Sia keeps falling. Also there is Filecoin with similar concept. If Sia doesn't keep up with the advertising and expansion and mass adoption, it will be over soon.
sr. member
Activity: 462
Merit: 250
August 07, 2017, 12:49:51 PM
#10
I think the concept of decentralized storage is a very good concept. Siacoin is one of the better altcoins available in the market today and i believe siacoin will go up very soon. I am expect the price of siacoin to double by end of this year.
hero member
Activity: 886
Merit: 510
August 07, 2017, 12:45:04 PM
#9
It's an altcoin of great future. Don't lose faith just because it gets whipped by pumping papa bitcoin!  Grin

December is not a good example though. It will probably be a dump month.
full member
Activity: 335
Merit: 101
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August 07, 2017, 12:32:48 PM
#8
i have few Si coins.i'm holding it.i hope it will go rapidly.i want to know more information about Siacoin.
full member
Activity: 644
Merit: 101
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
August 07, 2017, 11:59:05 AM
#7
I think by the end of this year or in the beginning of next year its price will grow.. best of luck
full member
Activity: 196
Merit: 135
Sit back, relax, eat some nachos and have a drink.
August 07, 2017, 11:40:51 AM
#6
Siacoin is worth the long term hold. In a year it should hit 600 sat at the least.

If you want to know more technologically about its technological flaws and weaknesses, check out my service.
newbie
Activity: 33
Merit: 0
August 07, 2017, 10:43:43 AM
#5
Hope it will go up rapidly..
full member
Activity: 224
Merit: 100
August 07, 2017, 10:01:58 AM
#4
I'm holding SIA coin!!  Sia coin is pretty cool!!
newbie
Activity: 2
Merit: 0
August 07, 2017, 09:39:26 AM
#3
All information on Sia coin can be found at It has all details from its white paper, details on how to get Sia, from Mining to buying directly on an exchange.
full member
Activity: 615
Merit: 112
It’s easy to confuse what is with what ought to be
August 07, 2017, 09:26:41 AM
#2
Do you have any link to Siacoin resources?  Links, etc... I'd like to learn a bit more about how the protocol works.
full member
Activity: 450
Merit: 100
August 07, 2017, 07:14:36 AM
#1
Need more details siacoin.
in future,  This year last (in December)  how many increase?  qny idea?
Thank you advance.
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