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File: 322 KB, 650x650, Siacoin.png [View same] [iqdb] [saucenao] [google]
3149709 No.3149709 [Reply] [Original]

This shit is coming off it's all time low. Should I drop a BTC in it just to see where it goes?

>> No.3149773

>>3149709
Anyone have an opinion on this shitcoin?

>> No.3149782

imagine if sia suddenly shot up to $5 over the next few weeks

that would be real comfy bros, ive been holding onto these bags for a long time

>> No.3149806

>>3149709
While decentralized storage still sucks in terms of speed compared to centralized storage, Sia has the first mover advantage. So I bought some while watching STORJ

>> No.3149862

>>3149782
why would it do that tho.

>> No.3149890

>>3149782
Will never happen. Even to get to $1 it would have to compete with things like Dropbox

>> No.3149924

>>3149890
They address this on their site. But I've really yet to see anything worthwhile in terms of real value. It's just near all time low which is why I want to buy in.

But fuck, if it even went to $1, then that would be amazing.

>> No.3149934

it's going to moon with dgb

2-3x from where it is now this week

lite wallet releases in about 4 days

>> No.3149971

>>3149782
You have no idea how the market works

>> No.3149972
File: 5 KB, 922x50, allonblue.png [View same] [iqdb] [saucenao] [google]
3149972

>>3149709
>>3149773
>>3149782
>>3149806
>>3149890
>>3149934
Fun fact SIA developers dont really care about the price of the coin, so kinda SOL there. Oh another fun fact you know all the juicy revenue that comes from generating contracts on the network, well that goes to Siafunds not Siacoin. And siafunds is strictly controlled by a tight majority of early backers. So have fun there , i just liquidated 1/3 of my SC position for some OMG. It may be at a loss now, but stale money might as well be dead money. And Siacoin be stale as hell. I may not be a whale and not a whole lot of cash. But dayum if i am tight bunghole as hell for switching at loss to another coin.

>> No.3149986

>>3149972
>Oh another fun fact you know all the juicy revenue that comes from generating contracts on the network, well that goes to Siafunds not Siacoin. And siafunds is strictly controlled by a tight majority of early backers.
I read this on the Sia subleddit as well. Not good.

>> No.3149994

>>3149806
Who really gives a fuck about decentralized storage?

>> No.3150053

I bought into sia at all time high in June. Thank god I got into NEO at $4 at the same or I'd be broke. At this point I'll just let sia rot and wither away. Most dead coin.

>> No.3150174

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.3150262

>>3150174
The fuck does this mean?

>> No.3150290

>>3150262

That sia is a ripoff and you should just carry 169 external hard drives with you wherever you go

>> No.3150316

My dream for sia is that it hits 10 cents btw. If ripple can do it (and more) I don't see why sia can't, with a lower supply

>> No.3150338

>>3150262
>>3150174
Hes saying that based on the total contract size, which is their max capacity they can only store 169 tb worth. So based on max storage and they market cap its means that they would have sell each fjhdfjdfdfjiodfodfodf get it yet