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Topic: Siacoin Trading Thread - page 21. (Read 75674 times)

hero member
Activity: 728
Merit: 500
June 14, 2015, 12:17:28 PM
Looking to buy some sia as well.
full member
Activity: 196
Merit: 100
June 14, 2015, 12:08:32 PM
i've got 3btc to spend. Paying .19 per - 15.79M

Last of the easy money

can sell you 15M at 3 btc if you like
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
June 14, 2015, 11:58:38 AM
i've got 3btc to spend. Paying .19 per - 15.79M

Last of the easy money
hero member
Activity: 770
Merit: 500
June 14, 2015, 11:42:07 AM
Tipping method doesn't seem to be working..    so I will be taking down the page in 24 hours unless some tipping will be coming through..
1KS will keep the page up for another 24h.   I can't work for free, right ?



5 KS sent.
full member
Activity: 196
Merit: 100
June 14, 2015, 11:35:01 AM
selling 25m sia for 5 btc
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
June 14, 2015, 10:33:14 AM
Percentage of assets do change. James said he owned 400 sianotes at one time, and sold for a profit

Why would the HODL hodlers not be entitled to a share of the revenues?

They could/would be entitled to a share of the revenues if such dividend were announced...  I don't believe this is the case when it comes to jl777hodl's Siafund holdings...  right?

Please note that I'm not referring to being entitled to a share of the total valuation of the 222 Siafunds...  I am referring to revenues from Sia storage contracts.

It sounds like your assuming something that no one knows. I think the much greater value to siafunds is their speculative worth. That's where they weigh heavy on the HODL NAV
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
June 14, 2015, 10:00:34 AM
The 222 were exchanged from the jl777hodl account, and are still considered possession of the jl777hodl fund, or just HODL as its commonly referred to. HODL has 10M shares trading at 4.4NXT. It also has holdings worth 41M. It was designed with such an easy to follow NAV.

Anyone can easily see the current holdings
http://nxtreporting.com/?a=+NXT-2AHU-UXZW-K9Q2-HENLW&c=USD

Now imagine what 222 sianotes are worth? Pretty safe to say at least 2BTC each

True...  percentage holdings of various assets might change over time though...  right?

Also...  jl777hodl shareholders are not entitled to a portion of future Siafund revenues (i.e. no dividends)...  right?
Percentage of assets do change. James said he owned 400 sianotes at one time, and sold for a profit

Why would the HODL hodlers not be entitled to a share of the revenues?
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
June 14, 2015, 09:57:50 AM
It seems there are no Sianotes in there anymore and the developers seems to have bought back almost all:

13179792715523067888 - holds 9,961 of all 10000 now.


Remember holders had to redeem their sianotes assets by sending them to Taek's account along with a generated siag address, so the NXT account got them all back, and they are now worthless as NXT assets.
hero member
Activity: 543
Merit: 501
June 14, 2015, 09:53:26 AM

I think Taek can manually reassign siafunds to different addresses, that's the only way to trade now. But I think no trades were made still no sellers. The next release of the wallet will most probably support siafund trading.

I cannot do that, it would cause a hardfork and split all of the old nodes onto a different network.  Just have to wait until the siafund spending tool is released (the pull request is open - https://github.com/NebulousLabs/Sia/pull/590)
hero member
Activity: 770
Merit: 500
June 14, 2015, 09:50:07 AM
This makes sense.
On a side note: I am buying siafunds 2BTC/1Siafund. You can also PM me your offers.

how many are you buying?
dont you think you are inflating the price too much by offering such a high price ? O:

Well it's high but I received no offers @0.5 and there was another offer @1BTC

I think Taek can manually reassign siafunds to different addresses, that's the only way to trade now. But I think no trades were made still no sellers. The next release of the wallet will most probably support siafund trading.
full member
Activity: 196
Merit: 100
June 14, 2015, 09:44:01 AM
Selling siacoin - pm me with offers
sr. member
Activity: 336
Merit: 250
AKA jefdiesel
June 14, 2015, 09:07:12 AM
So I guess this is getting pretty interesting.

Not really...  don't forget that Siafunds will not be a Nxt asset and you won't be able to confirm holdings like you did with Sianotes (aside from creating a new asset just for that).

You will need to track the Siafund address holding the 222 shares from now on...  will be interesting to see if all 222 will remain part of jl777hodl long-term though!   Wink

The 222 were exchanged from the jl777hodl account, and are still considered possession of the jl777hodl fund, or just HODL as its commonly referred to. HODL has 10M shares trading at 4.4NXT. It also has holdings worth 41M. It was designed with such an easy to follow NAV.

Anyone can easily see the current holdings
http://nxtreporting.com/?a=+NXT-2AHU-UXZW-K9Q2-HENLW&c=USD

Now imagine what 222 sianotes are worth? Pretty safe to say at least 2BTC each


legendary
Activity: 1512
Merit: 1000
quarkchain.io
June 14, 2015, 07:51:46 AM
Sorry to bother , but I didn't see where we can trade siafunds, would someone point this market ?

cant really trade them yet i think. you have to wait for the wallet update, so that you can send them

Yeah , but I saw people quoted some accounts with siafunds - that was that I didn't understand actually.. Smiley
full member
Activity: 196
Merit: 100
June 14, 2015, 07:49:30 AM
Sorry to bother , but I didn't see where we can trade siafunds, would someone point this market ?

cant really trade them yet i think. you have to wait for the wallet update, so that you can send them
legendary
Activity: 1512
Merit: 1000
quarkchain.io
June 14, 2015, 07:48:29 AM
Sorry to bother , but I didn't see where we can trade siafunds, would someone point this market ?
hero member
Activity: 597
Merit: 504
June 14, 2015, 07:35:30 AM
WTB 25Million Sia PST with offer trade over.
full member
Activity: 173
Merit: 100
June 14, 2015, 06:29:56 AM
This makes sense.
On a side note: I am buying siafunds 2BTC/1Siafund. You can also PM me your offers.

how many are you buying?
dont you think you are inflating the price too much by offering such a high price ? O:
member
Activity: 110
Merit: 10
June 14, 2015, 06:23:37 AM
Have some deals with brooklynbtc, he is very good client, i sell him a lot of sia and have to said i trust him and sending sia first.
hero member
Activity: 770
Merit: 500
June 14, 2015, 06:10:34 AM
So I guess this is getting pretty interesting.

Not really...  don't forget that Siafunds will not be a Nxt asset and you won't be able to confirm holdings like you did with Sianotes (aside from creating a new asset just for that).

You will need to track the Siafund address holding the 222 shares from now on...  will be interesting to see if all 222 will remain part of jl777hodl long-term though!   Wink

This makes sense.


On a side note: I am buying siafunds 2BTC/1Siafund. You can also PM me your offers.
legendary
Activity: 2898
Merit: 1017
June 14, 2015, 05:45:18 AM
Tipping method doesn't seem to be working..    so I will be taking down the page in 24 hours unless some tipping will be coming through..
1KS will keep the page up for another 24h.   I can't work for free, right ?

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