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?"