/biz/ - Business & Finance

[Anonymous No.2670740]

What the fuck is its problem?

[Anonymous No.2670806]

>>2670740
its not the problem. its the summer roasties and chads trying to store their wealth or starting get rich quick schemes cuz they heard crypto as a whole was nothing more than an outlet to grow wealth from nothing in a day on via the trending tab on jewtube. they panic bought which caused the weak hand poorfag investors to panic sell.

Siacoin and all other Eth based tokens will be forgotten by October and only the traders living on insider knowledge on random PnDs will use any altcoin to rich quick off of until after WW3 and the economic collapse in the coming years. Bitcoin will spike tho, while smart contracts in their current gimmick state will die

Screencap this

[Anonymous No.2670819]

>>2670740
I sold all mine at ATH and felt regret. Bought back in now kek.

[Anonymous No.2670820]

>>2670806
really makes you think,,,

[Anonymous No.2670840]

>>2670740
its problem is theres too many coins in circulation, and they made a mistake by unveiling the obelisk asic miner, which generates 60k sia a month, which makes this shitty coin worthless. also add in the fact that its destined to become cp storage: the coin.

[Anonymous No.2670872]

>>2670806
Sia isn't ETH based

[Anonymous No.2670876]

>>2670840
>cp storage: the coin

I want to buy more now. Decentralized illegal porn storage means this will be used heavily.

[Anonymous No.2670942]

>>2670872
All Altcoins depend on ETHs performance.

[Anonymous No.2670949]

>>2670942
Kek

Eth got bitch whipped by btc, all alts trade in btc

>eth is the determining factor

Lel

[Anonymous No.2670989]

>>2670942

[Anonymous No.2671009]

Every couple of weeks it moon to 700+....just sell at that point and buy back when it go to 550 or lower....most predictable thing in SIO...other than that I have no idea where this coin is going.

[Anonymous No.2671059]

>>2670949
If you don't think the performance of ETH and Altcoins are related, then you're a retard. I'm not saying ETH is "the determining factor", I'm saying Alts definitely rely on it.

[Anonymous No.2671548]

>>2670942
i'm worried for your well-being.

[Anonymous No.2671614]

>>2671059
lmfao

[Anonymous No.2671663]

>>2670840
This >>2670876
If this is made possible it's gonna fucking skyrocket in value there's a market for it believe me

[Anonymous No.2671685]

>>2670740
another shitcoin with a way overblown valuation. also asics.

also relevant:
>https://explore.sia.tech/
>Total File Contract Size 169 TB
>https://coinmarketcap.com/currencies/siacoin/
>Market Cap: $379,033,045
>169 HARD DISKS COST $379,033,045
>1,933,842$ EACH
>95% OF EARTH’S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS

[Anonymous No.2671734]

>>2671685
>95% OF EARTH’S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS
fucking kek

[Anonymous No.2671834]

>>2671685
>95% OF EARTH’S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS
? what do you mean, pajeet?

[Anonymous No.2671861]

>>2671834
lol you dont know what youre talking about get out newfag

[Anonymous No.2671873]

>>2671685
>95% OF EARTH’S POPULATION CANNOT THINK BY YOURSELF AND DO SAME LIKE NEARHOODS

[Anonymous No.2672174]

>>2671663
Who gives a shit what they store on my pc as long as I make moneys

[Anonymous No.2672221]

I sold my 200k stash recently. Sia will probably do well in the long, long term, but I'd rather have my money in other coins right now. I doubt we're gonna see any further moonings.

[Anonymous No.2672383]

>>2671861
>you dont know what youre talking about
I do :^)

[Anonymous No.2672398]

>>2672221
Yeah, I have no doubt this coin will reach pretty big heights one day, just not within the next 2-3 years.