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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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1856351 No.1856351 [Reply] [Original]

Sup fags, ETH/XMR whale here here to throw you a bone. If youre looking for the next big crypto instead of buying into a bubble, look no further than siacoin. Check the reddit, check their github progress, check the fundamentals and price history. Any reasonable speculator would put in a few bucks. Good luck

>> No.1856404
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1856404

>> No.1856406

>>1856351
Ok but can i mine it on my dell dimension 2400?

>> No.1856500

>>1856351
Mining profitability?

>> No.1856508
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1856508

>>1856351
lol get fucked n i g g e r
VItalik is my whale

>> No.1856517

>>1856351
What makes this different from all the rest? Google/Reddit not turning up much info.

>> No.1856521

Well, how do I buy some? It's so cheap, I could waste $100

>> No.1856526

>>1856351
Like its a great idea and all.. but

>>24,095,648,372 SC

Twenty four billion units of it in circulation...

even if this were to get to 1 dollar per SIA.

that's blowing bitcoins market cap through the roof.. it may need that much in circulation since its a cloud based storage application on its block-chain.. but it will never reach more than 0.30 cent in order for the technology to still be cheap to use.

>> No.1856541

>>1856526
Yeah that's true. It's not only because of the market cap, it can't go through the roof in order to stay competitive against other competitive cloud storage.

I looked into this briefly and it does seem interesting. I do think that cloud storage and download bandwidth are awfully expensive so I am gonna get some cause my clients and I would use it which in turn makes for great fundamentals.

>> No.1856542

>>1856526
That being said, say it were to reach 0.30 cent per coin. That's still a heavy profit even if only investing $10

>> No.1856552

>>1856406
Sure
>>1856500
Whattomine.com at $1.12 so shitty mining profits if you sell right away
>>1856508
Mine too
>>1856517
Pragmatic project scope. Maidsafe has been in the works for years trying to be an entire internet system. Ethereum IPFS integration will be great but who knows when that will happen. Storjcoin model is just dumb. Siacoin is so close to creating what is essentially utorrent with incentivised seeding.
>>1856521
Polo

>> No.1856559

>>1856541
Been thinking, as video is going 4k and we're storing more and more information on the cloud, storage space might be at a premium sometime in the future.. despite its its circulation inflation maybe an investment might be a safe long term bet.

>> No.1856561

>>1856559
Bleh, english... its late.

>> No.1856566

How do I get siafunds?

>> No.1856569

>>1856566
Poloniex can get you almost anything crypto-wise.

>> No.1856571

>>1856569
Can't figure out how to buy stuff on poloniex.

>> No.1856579

>>1856571
Go to somewhere like Coinbase, create an account and buy Bitcoin.

Send that bitcoin to your bitcoin address at Poloniex.

Then buy what you want with bitcoin.

>> No.1856608

Just bought in for 10$. Can't hurt!

>> No.1856850

I bought in a while ago because it seems like a coin with actual value potential, not just a meme. I think I bought in last may and it's been pretty still since then. I never hear it mentioned anymore here or on reddit either

>> No.1856873

Read up, I like the concept! I put some money down mainly to support the idea. if it pays off as an investment, I'll take that too lol

>> No.1856929

/biz/ hasn't let me down yet
i bought some