/biz/ - Business & Finance

>>2302463
>sia
>$1

lol

>next week

........................................

>>2302463
>Why haven't you guys bought it already?

>>2302452

>>2302463
yeah sia going to pass eth marketcap buy now

Because its literally broken . Why would I buy a broken item?

Bought tons of it. Let the haters hate. They will all kill themselves when it reaches 1$ soon.

Also I will buy a Porsche Panamera.

Cheers

>>2302516
Please elaborate

$1k in, dont fuck me boi

irc.rizon.net
#bitcointraders
we have a pump and dump group on irc
feel free to join we are open to new members

SIA is super cheap right now, buy buy buy. easy gains.

>>2302800
Shit blockchain can't handle traffic, can't fix because miners won't upgrade. Can't withdraw from Polo and other exchanges.

>>2302822
That's why it's cheap now. When they fix it only way is straight to the moon

>>2302463
if sia goes to 1 buck i'll buy you a lambo after i buy 2 for myself

>>2302463

Literally the most undervalued crypto right now, if you can't realise that then you have no hope with crypto

>>2302846
If it goes to .5, you give me a honda?

im just going to use it to pay off my debts and then kill myself.

>>2302869
Fellow brethren here I see. I first need to kill off my family before I off myself.

Literally no downsides to this coin. Cost is SUPER LOW due to wallet issues which devs have already said will be fixed soon! Super high volume!

>>2302915
>Literally no downsides to this coin

Or you could buy zencash for a fraction of the price which has a fully working implementation + data encryption to get through the Great Chinese Firewall

Sia is best coin I have in my wallet. Thank you everyone for let me dream!!!!!!

I believe in sia but I doubt it will hit $1 any time soon.

>>2302463
Lambo baby!

>>2302951
Not with that attitude. Buy 40k and just watch.

>>2302463

Maybe not $1 (ever) but it's going to 10 cents easily over the next couple weeks. It's seriously the low-key next DGB and /biz/ is too dumb to buy in. Start accumulating for your own good, guys.

Fundamentally a good coin. Stop this one dollar next week shit. Judt get in now and hold

bought 5000 of the stuff thanks to the shilling. wallet is down for maintenence but that's okay. i'm just going to forget i bought this shit and if i see a bunch of excited moonposting with sia logos then i'll know i made the right call.

>>2303049
wallet down means people cant dump into the exchange to selloff
this shits gonna fly and so whale can stop it!

>>2302998
I already have 4k (brokefag here)

What's the tech and dev team behind Sia?

>>2303169
sia.tech by nebulous inc. HIGHLY autistic development team; long term prospects look good.

>>2303103
>wallet down means people cant dump into the exchange to selloff
okay, but do my purchases still count? i have 5k on pending, am i guaranteed the price and amount at the time of purchase?

>>2303169

Dis gon be good

>>2302842
If. If they fix it you mean.

>>2303214
yeah you just cant transfer to a different wallet. Do you realize exhcanges dont actually switch your coins? they just show numbers untill you decide to cash out. like bernie madoff but we're nowhere near 2007 yet

>>2303242
>Do you realize exhcanges dont actually switch your coins? they just show numbers untill you decide to cash out.
no i didn't realize that, i'm working on meme-understanding levels here.

>>2303267

Kek

>>2303242
wait what

explain this to me reworded please

so youre saying that no actual trades are going on? i dont -really- have the coin until i cash out?

>>2303223
>>2303211

Looking over the tech and devteam, I feel a good deal of potential in this coin. But why has the price been so stagnant? Low exposure?

>>2303409
I believe thats what they mean. When you think about it, it does make sense. When you buy and trade your balance changes IMMEDIATELY on the exchanges but when have you ever sent a coin that fast before?

Theres no way they are moving the coins around.

It's literally dumping hard.

Fuck off you shills!

>>2303633
It's on Sale you fucking hillbilly.

IF YOU AREN'T BUYING SIA RIGHT NOW YOU ARE A LOSER AND A SMELLY NOCOINER

>>2303633
almost everything is dropping because bitcoin is rising

>>2303409
sending coins between wallet costs fees. they have a list of everything you own, and they have cold (offline) wallets holding the coins until people want to withdraw them

>>2303474

The price has been stagnant because Bittrex and Polo wallets are having a shit

>>2303677
TFW WAITING ON EXCHANGE CONFIRMATION

GOD I FUCKING HATE WAITING I NEED TO BUY BUY BUY NOW NOW NOW

$1 here we come

>>2303691
ohhhhhh, that makes a lot of sense

thanks for clearing that up

You better be buying the fear and selling the cheer, this will be the next DGB mega pump.

You guys are coping really hard. You bought into a shitcoin. You made your bed now lie in it.

>>2303750
Can't wait till we hit 1$ and you're crying

>>2303750
AND IM GONNA KEEP MAKING THIS BED EVEN BIGGER UNTIL I HAVE A KING SIZE MATTRESS, WANDISIMO

DGBCHAN WOULD NEVER LIE TO US

IT IS IN A DIP NOW, BUY SIACOIN WHILE YOU CAN!! POST YOUR LAMBORGHINI NEXT WEEK. CHEERS

>>2303750

>Sia
>Shitcoin

Pick 1

>>2303779
I FUCKING WANT TO SO BAD BUT THE FUCKING PENDING TRANSACTION RRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

It is already rising in value. Buy while you can boys. It really goes to the moon at any time now

just got in at 537 meme me up lads

>>2302822
So what you're saying is. I should stop mining this coin?

>>2303988
no, you belong in the mines.

bump


https://twitter.com/BrianDEvans/status/870777055167762433

We gonna make it brah

>>2303996
I think I've got the black lung

RealisticLly how long would it take for. Coin to go from one cent to one dollar? Are there any other examples that I can look at where this has happened

has anybody's wallet got unlocked yet? mine are still locked and "in maintenance"

>>2303211
>HIGHLY autistic development team
o-okay

shit when I went to bed it was around 600-650 fighting to break the 700 wall. what the fuck happened?

>>2302867
CTR bruh

>>2305361
is shit bouncing back, or should we consider any trading tonight fucked because of BTC

>>2305347
The price in USD hasn't changed too much. Just BTC rally is nutso

>bought 4mil at 337sats

Fuck one lambo, I'm buying the dealership.

>>2305347

Chinks assaulting BTC with the power of FOMO. When BTC rises a lot it leaves the shitcoins behind.

>>2305411
Altcoin holocaust, it's red all over. Not sure if Asia is gonna make anything change for the better.

Sia is in a good spot though, tomorrow is HP's Las Vegas event and they're gonna have a demo of the Minebox (with Sia).

Trust me, HODL for another 24 hours and you will be pleased.

>>2305429

>4 Million

Impressive.

What makes you think this is such a good investment? Hunch? FOMO or did you do some actual research?

>>2305415
>>2305448
okay then I'm hodling. is this a good time to buy some more sc?

>>2305469

fuck yes

Ive been holding for 2 months. Just riding the waves my dude.

>>2305460

Now is a great time to convert inflated BTC and buy suppressed Sia.

Pure arbitrage opportunity.

who's buying at 480?

>>2305499
Yeah, I wish I had some BTC. I have all my portfolio right now in about half ETH and the other in various alts, but this massive BTC surge makes me realize keeping a bit in BTC might not be a bad idea for when BTC jumps way up, so I can use it to buy alt dips.

>>2305461
The hype behind this coin even outside of the /biz/ space is quite large. It's most prevalent direct competitor; Storj, is focused largely on the consumer side, whereas this is focused on enterprise applications (much more profitable for a focus on storage solutions)

The dev team is good, currently the coin is INCREDIBLY undervalued, and they're already starting to gain some real world prospects.

>minebox unveil
>lots of 'public' (within the cryptospace) attention

RUMORS:
>meme tweet about SAP+SIA;

SAP is fucking HUGE in enterprise storage. As in, THE storage solution. If this even turned out to have 1% legitimacy behind it, SIA would hit $10/coin almost overnight, no doubt about that in my mind.
>meme screencap of SIA + HP partnership

big name decentralized storage? Another +$X.00 gain for the coin.

From a personal perspective, I work as an account exec. for one of the largest tech providers in the US. I deal with customers on a daily basis that would love a solution for storage such as this, so I can see the usability of the platform.

>>2305572
$10/coin
So, 7x the market cap of Bitcoin overnight huh?

>>2305545

And FUCK, just missed that bottom of the huge really, forced to buy in at 575.

>>2305460
Sauce for the HP thing? I can't find anything for tomorrow

Lol fucking tards, the entire worldwide cloud storage industry is around $30b a year and you expect SIA to ge worth all that now as beta software?

>>2305572
>SAP is fucking HUGE in enterprise storage. As in, THE storage solution. If this even turned out to have 1% legitimacy behind it, SIA would hit $10/coin almost overnight, no doubt about that in my mind.
Sorry to burst your bubble but the rumor is empty air. I got word from the lead dev himself. There is nothing going on between SAP and sia.

>>2305940
>>2305572

>>2302463
I'll be happy with 10 cents

YELLOW LAMBORGHINI AVENTADOR SV ROADSTER

>>2302463
is this firewall resistant like zencash?

Realistically, what's sc's potential? People say it's already mooned

>>2305678

https://www.hpe.com/h20195/V2/GetDocument.aspx?docname=a00009224enw

>i-it's gonna moon guys just wait
>okay last time didn't count, it's going to moon this time for real
>it's being held back by poloniex issues..
>g-guys just hodl, there's wallet maintenance on bittrex right now which is preventing the moon mission
>alright this time it's actually happening! $1 by next week!

i just bought 1500 SC yesterday with my remaining BTC
i'm ready for the moon bois

>>2306364
Dude. I don't know about you but within a month or so, sia went from a marketcap of 30 million to over 400 million.

>>2306378

Ok so next month each sia coin is $100 each?

Motherfucker do you even?

>>2306347
Depends. Realistically, we have mooned beyond the worth of sia at its current stage. However, part of the reason why sia is valued so highly is because of its emphasis on creating a good product and not market. Sia wants to be a decentralized storage that can eat a bit of Amazon S3. The total market value of Amazon's storage is over a hundred billion. If sia is able to just eat a bit at that market, it will be worth a lot, without having to compete against bitcoin or any other fiat coin like monero or whatever.

Sia does have the potential of becoming insanely huge.
The roadmap for the next two years shows what it plans to accomplish, so within that time, it would be a good coin to hold.

https://trello.com/b/Io1dDyuI/sia-public-roadmap

Also, it's one of the rare coin where the devs cannot just simply cash out and run away like storj for example. Because of this, people have been saying that ''sia is one of the safest bet to invest'' and it's the reason I invested a year ago.

>>2306429
lol
No. I don't expect it to rise beyond 2 cent for the next four months. Use your fucking head. 1$ per sia would be a marketcap of 40 billion. It's called memeing you fucking pleb shit.

>>2306441

No it wouldnt you fucking mong

1,000,000,000 / 26,617,940,330 = 0.03756864684 btc per coin

>>2306533
You should check your math.

>>2306555

Yeah I know, I forgot that .037 is cents not btc

>>2306559
That's still not 1$ per sia.
Doesn't matter since my math is also wrong, as it would take a 26 billion marketcap. I just round all future coins into the math.

>>2306597

10 cents is more realistic

Already close to getting back in the green.

Its rising with a vengeance right now!

Its going back up to what it was like 4 hours ago. But this time, BTC is worth $200 more. So even if you held through the dip, you make a cool hundo. I can see it going to .25 easy, but def not $1.

>>2306611
Hmm, honestly it's possible. This growth within the past month has made anything possible.
I'm just overly pessimistic. But don't take it too harshly, I'm heavily invested in sia and would love to see it grow.

Why isn't my Sia wallet on Bittrex working? It says "wallet maintenance"
It said the same shit yesterday.

>>2306650

I have around 60k into SIA now. Looks like a solid project. It's at least reliable compared to the numerous pumps and dumps.

>>2306677
Your SIA wallet doesn't work because it's undergoing maintenance procedures. While this is happening your wallet doesn't work as it normally works when it's not undergoing maintenance.

>>2306714
Yeah, but it's pushing 48 hours in that state. What's the fucking deal?

>>2306745
The number of people that started using and buying sia exceeded the projected amount.
The fees aren't being properly announced over the network.

https://www.youtube.com/watch?v=UArzxshHgkg

>>2306650

My apologies,

Yes I believe however that from 30 to 400 is more of a leap than 400 to 1 Biliion+

Given the way hype and popularity work

All I know is that this coin has gotten major news lately and has a solid dev team behind it.

>>2306745

The Sia devs have to scale up for the increase

Reddit Sia Coin has the devs on it often

>>2306826
I think the main selling point is the fact that Sia can offer enterprises storage that will NEVER go down short of a global crisis. The network would be so redundant that it can top any server for a fraction of the price. Not even Amazon can top that.

>>2306952
well go to reddit and give the sia nerd a message for me: the wallets better be fixed in 48 hrs or else. im a whale and ill ruin sia for good

>>2307018
lol

Already back in the green

sc rising to the top on polo

>>2307112

You're a big guy?

Anyone else having issues buying?
Bittrex isn't showing any of my orders

>>2302855
Even now that it has mooned somewhat?

>>2307018
kek

After they fix the wallet, it will be the fastest pump ever

>>2308149
It's a super young coin that has been pumping without a significant announcement. Just wait until the wallet is fixed, we'll be going to Saturn.

>>2308149
700 Sats.
Mooned
Kek

700 next confirmed

>>2303211
There is a point where the autism is too much though

I learned that the hard way with POSW

>>2308428
700 sats is more than 10x what it was worth less than a year ago. Did you just find out about crypto last week or something?

>>2302463
Sia was a mistake

>>2310100
No, it will be in the top 5 biggest coins. 1$ easily next week. Time to buy now. It is in a dip

>>2303002
i have 20k, i'd be happy with 10 cents before July. might sell some if it hit that so quickly and put the money elsewhere.

i think the lesson i have learned recently is to buy and hold. i had sia when it came out, sold it early when nothign was happening, the same with eth, waves, pepecash (lol) and others. all combined, if i had kept what i originally bought i could buy a house today.

>>2306429

Are you guys telling me I shouldn't have sold all my ~140 million siacoin?

what program is that screenshot from? i no no have export currently. gracias

>>2311165
well, you did ok anyway, but yeah. but then you already knew that lol

>>2311165

As long as you buy back before the next big announcement you're good. Fuckin whales

Is this enough?

Im tired of holding these bags, shoulve bought ark at $0.36

>>2311753
bags of gold are quite heavy

>>2311851
I prefer bags of lambos

>>2307018
good luck

Nature (i.e. the traders on exchanges) is trying to moon SIA. To me it seems that the whales in SIA have so much faith in SIA, they have so much invested in it, that they manipulate the price to stay below 700 satoshi for now. They don't want it to rise rapidly and then drop hard. The whales will do all they can to keep the price growing slowly and naturally to ensure stability in their investment. The volume has grown rapidly in recent days and the whales want to keep collecting bagholders. These hype threads are not necessary. Even whales don't actually think that SIA will be $1 in 7 days. Maybe, MAYBE, 10 cents in 5 weeks or something. Who really knows. Any thoughts on this hypothesis?

With a cap so high this is definitely a day trade coin

Best case it's only a 5x (2.5B)

>>2311962
It's based on half empty conjecture.
We rose to 700 due to a pump and it's not that we're unable to pass that point but that we're still finding our floor at the 580-650 sat mark. And with btc rising, it lowered the floor, but the USD price is still the same.
There's no bullshit 'whales want to keep bagholders' because the whales themselves have faith in sia.
What caused the rise in the first place were old ripple whales that sold when it reached a billion. They wanted something else to invest and considered sia the next ripple.

https://www.reddit.com/r/Ripple/comments/6bsee2/ive_found_the_next_ripple/?st=j3lrkhoj&sh=ff023a95

Sia then became big, etc etc
Regardless, just because hype threads aren't necessary, it is good to have these sort of threads being visible to newcomers about sia.

I should've bought more

>>2312175
what kind of fucking hillbilly invests $1.79? sia isn't a pack of gum.

>>2312382
I paid $5 to buy some space but then found a 1tb hdd in my computer that I forgot to connect. So I just kept it.

>>2312466
that's a fairly reasonable explanation.

>>2312382
kek

>>2312106
Thanks for the feedback.

Help me out here.
I don't completely understand the tech behind Sia.
You can rent out space (like airbnb) and get paid via Sia?
Something along those lines

Here's the thing tho, wont this only cater for a small amount of people who have internet fast enough to be able to handle such latency?
You'll most likely have to have a dedicated line just for the task for renting space?

I must be understanding this wrong.
All i hear is people saying how amazing it is, but no one knows why.

>>2312626
Nope, the idea behind it similar to p2p, in that files are cut up into pieces and stored on multiple computers with failure redundancy, so one will be able to download a file very quickly by querying the numerous sources.
Ofcourse, this isnt implemented yet but its on the chalkboard.

>>2312626
The tech behind sia is rather complex but also simple.

The coin makes storage become a contract that incentives people to keep the storage for the allocated time or lose money. What makes sia great is that it separates your data into chunks, and so long as ~ 10 host keep your data, you'll never lose anything. Meaning no one can ever hack your data as no one holds any actual information. Compare that to dropbox or Amazon that actively spy on their users or can be hacked. No one would be able to do that with sia.

Plus by being a free market, allowing anyone with a shitty storage in their garage to allocate their storage, but protected by the sia network encryption, it makes the actual price for getting storage much cheaper than anyone else on the market by a lot. One of the main problems in the storage world is that you need a reputation, because no one would give out sensitive data to anyone, so you need to have a very well known brand. But with sia, anyone can join in and no one is at risk.
You can rent out your storage and make money in the process. And the network calculates the uptime and bandwith you have to calculate its cost from a host perspective.

The great thing also is that the devs themselves cannot bail out like the storj team. The sia dev only has a secondary worthless coin called siafunds which only allows them to collect ~ 3% of all contracts on the network. Meaning for them to make money, they need to become the Facebook of Storage or die. Compare that with Storj, the other storage coin that have decided to become centralized ''because it's easier'' that are holding 90% of the coin and can sell at any time.

The potential for the coin is great, and the dev team in charge are razor focused on only creating that vision. And with Amazon storage being worth hundreds of billions, and Dropbox equally being worth a couple of billions, you can see how sia could grow to be worth a lot.

I see a bright future for the coin.

>>2312668
>>2312683
Alright. I think I understand.
The tech behind it does seem quite extraordinary.
I mean, Amazon and Dropbox rent out storage themselves via servers they have set up.
That's WAY simpler than sending content all across the world.
Will definitely buy into it tho. It'll be crazy if they pull it off.

>>2312774
The bravado of the main devs is astounding. They want to fight a multi billion industry. And, in their words, they want to become 'The Facebook of Storage'.
It's this sheer stack of balls that made me invest in them.

>>2312849
sounds like hubris more like it
getting out of SC snd into ARK and RUBY

What I don't get is the pricing... As the coin goes up won't storage prices for customers go up?

>>2312683

so what's your outlook on where it can be in 6 months to a year?

my majorly optimistic bet is $0.15 to $0.2/coin, but I think $0.05/coin is probably more realistic

>>2312974
Trying to secure fixed rates will be a bitch.

>>2312980
I honestly can't guess.
My prediction a year ago was that sia would reach a marketcap of 100-200 million within two or three years.
And we're kinda past that point, accomplished within a single year since that prediction.

>>2313027
fair enough. i agree with you that it has huge potential (obviously). here's hoping we're both right.

>>2311962
Who are these whales? How do I tell them to piss off so I can cash out?

>>2313067
>>2313149

I enjoy coffee

>>2311962
Based on that assumption wouldn't it be possible there are major bagholders trash talking their own coin to ensure balanced growth/exposure

>>2312626
$2 a month is Lambo like money for some countries. Think about all of the poor in Africa, China, India, etc. That would eat a human dick for dinner because they are so poor. Actually has real world application my anon-nig.

Bittrex wallet issue is over.
Time to pump this shit up.

>>2315588

Sia is back on the menu babies

>>2315588
Get in now everybody, 800 sats incoming

i feel like ive been waiting forever for this fucker to get up to 700 again

>>2315774

Yeah

how high do we see this going? I can't see this going 800m+ market cap so at we looking at 1000sat max ever?

I bought 160 CAD worth of BTC on a whim from a bitcoin vending machine, and dropped about 110 of that into a few random alt coins that were being memed on this site. SC got about $20 of that at 600 sats. Is this a coin that is going to matter a year from now or is it a short term thing.

>>2316211

It 10x the market cap in about a month, this can go to $1 billion easy

>polo wallet is up
>bittrex wallet is down

>bittrex wallet is up
>polo wallet is down

REEEEEEEEE

LMAO siafags are gonna swing from the chandelier next week

>>2317195
You can't hang on the moon.

who else
/buyingtorentoutstorage/
here?
or at least, would be if bittrex wasnt broken