[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 12 KB, 250x250, sc.png [View same] [iqdb] [saucenao] [google]
3006955 No.3006955 [Reply] [Original]

What the FUCK is its problem?

>> No.3006970

its not NEO or OMG

>> No.3006991

>>3006955
too many coins

>> No.3007042

>>3006991
That doesn't matter, except for unitary worth.

>> No.3007050

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

>> No.3007054

>>3006991

Ripple has 33% more coins and it's priced 18 times higher than sia

>> No.3007361

>>3006955
And it is dipping further while storjcoin X is rising

>> No.3007374
File: 36 KB, 342x416, 1463299041394.jpg [View same] [iqdb] [saucenao] [google]
3007374

that guy with the tens of millions of siacoin must be JUST'ing really hard right now

>> No.3007426

we are at the floor, It can only go up from here

Trust me, Ive bought the swings on sia many times for many a month

>> No.3007463
File: 259 KB, 396x483, turkish gentleman talking about middle eastern issues with noble water filter salesman.png [View same] [iqdb] [saucenao] [google]
3007463

>>3007374
me after buying 20k @497
J U S T

>> No.3008020

>>3006991

It's when I read shit like this that I'm reminded most of you are absolute retards.

Coin supply has nothing to do with anything...

>> No.3008029

>>3008020

it impossible for siacoin to ever reach $1 with so many of them

>> No.3008048

>>3006955
I bought a shit ton of sia instead of ans and sold it when it turned to shit.

It hurts looking at ans at $16

>> No.3008058

>>3008029

All that matters is market cap if your talking about this, unitary coin value means nothing.

>> No.3008264

>>3006955
File storage is cheap anyway. This all round is a bad idea.

>> No.3008265

Nice! Just sold 110k big green buttplug coin.

>> No.3008351
File: 80 KB, 744x700, sia 4chan mascot.jpg [View same] [iqdb] [saucenao] [google]
3008351

>>3008029
>it impossible for siacoin to ever reach $1 with so many of them
Not really. If they manage to get over 40 million TB of storage on the system, they would be worth 1$ per sia. Assuming 1 TB = 1-2 $ price remains the same.

Right now, the number of used TB on the sia network doubles every 3 months or so.
so essentially a 2^4 per year (maybe). It might not seem much but in the long run, it's significant.

year 1 65 TB used (right now)
year 2 1040 TB used
year 3 16640 TB used
year 4 26624 TB used
year 5 425984 TB used
year 6 6.8 million TB used
year 7 109 million TB used
year 8 17 million PB used
year 9 over 250 million PB used.

The question is whether you're willing to wait +6 years for sia to be worth 1$.

>>3007374
Not really.