Jump to content

Search the Community

Showing results for tags 'siacoin'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • XRP
    • Please Read Before Posting
    • Press
    • General Discussion
    • Technical Discussion
    • Codius and Smart Contracts
    • Marketplace
    • Problem Solving
  • Interledger Protocol
    • Interledger Protocol Discussion
  • Other Technology
    • Alt-Coins and General Fintech
  • More
    • Fan Submissions
    • Off-Topic
    • Meta
    • Languages
  • Canadian Zerpers's Topics
  • Vegemite Ripplers's Topics
  • 2 the Moon! For Real. The Club's Topics
  • NY Zerpers - aka bitlicense island's Topics
  • Brackish Waters Club's Topics
  • Trading Places's Topics
  • Anti-Club Club's Topics
  • The Irish Brigade's Topics
  • Saloon's Request
  • XRP Trading And Price Speculation's Topics
  • The Crypto Buffett's Topics
  • Alt-Coin Trading And Price Speculation's Topics
  • Super serious Ripple club's Topics
  • Making Millions!'s Topics
  • Ripple - India's Topics
  • SWELL's Topics
  • Gospel Hour's Topics
  • Korean XRP Holders's Topics
  • Strayans lovin your work XRP!!!'s Topics
  • Technical Analysis (TA) Area's Topics
  • BTC diving deep club's Topics
  • Ripple Enamel Pin Club's Topics
  • XRP Wave Surfers's Topics
  • FUDster's retreat's Topics
  • Cooking with Snoopy's Topics
  • How it's all going to happen..'s Topics
  • Chocolate Fish's Topics
  • The Round Table's Topics
  • UK Hodlers's Topics
  • ˜”*°• Zerpmania •°*”˜'s Topics
  • XRP YouTube Videos's Topics
  • CRY ROOM's Topics
  • Night's Watch's Topics
  • CasinoCoin's Topics
  • XRP Think Tank's Topics
  • Allvor's Topics
  • NightClub's Topics
  • TeXRP's Topics
  • COIL Think Tank's Topics
  • Bob's Book Club's Topics
  • XRP FAQS's XRP Q an A’s

Calendars

  • Ripple Events
  • Vegemite Ripplers's Events
  • NY Zerpers - aka bitlicense island's Events
  • Brackish Waters Club's Events
  • Trading Places's Events
  • Anti-Club Club's Events
  • The Irish Brigade's Events
  • Saloon's Calendar
  • XRP Trading And Price Speculation's Events
  • The Crypto Buffett's Calendar
  • Alt-Coin Trading And Price Speculation's Events
  • Super serious Ripple club's Events
  • Making Millions!'s Events
  • Ripple - India's Events
  • SWELL's Events
  • Gospel Hour's Events
  • Korean XRP Holders's Events
  • Strayans lovin your work XRP!!!'s Events
  • Technical Analysis (TA) Area's Events
  • BTC diving deep club's Events
  • Ripple Enamel Pin Club's Events
  • XRP Wave Surfers's Events
  • FUDster's retreat's Events
  • Cooking with Snoopy's Events
  • Chocolate Fish's Events
  • The Round Table's Events
  • UK Hodlers's Events
  • XRP YouTube Videos's Events
  • CRY ROOM's Events
  • XRP Think Tank's Events
  • Allvor's Events
  • NightClub's Events
  • TeXRP's Events
  • COIL Think Tank's Events
  • Bob's Book Club's Calendar

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Interests


Location


Occupation


Country


Ripple Address


Biography


Location


Interests


Occupation

Found 8 results
Minimum search term is 4 characters long. Can't find what you want? Click here for the custom google search instead.

  1. Great news for anyone mining Siacoin in the future via Obelisk miners: https://bitcoinexchangeguide.com/obelisk-releases-code-to-fork-siacoin-to-remove-bitmains-asic-miner-ability/
  2. I was going to write a long post but I'll keep it short because I'm interested in hearing the thoughts of others. Essentially I've sold about 3/5 of my Sia over the past 2 days and 100% of my StorJ last week. I'm someone who almost never sells so it was a tough decision for me. Nassim Taleb says that any book not worth rereading isn't worth reading. A similar concept applies to crypto, any token not worth doubling down on isn't worth buying in the first place. Or to take a Buffet approach, any token you're not willing to go long on you shouldn't buy in the first place. To that end I've sold XRP once in my life (still have a majority of my XRP), sold all of my StorJ recently, and have just sold 3/5 of my Sia. The reason for selling StorJ and Sia is that I don't understand where short/medium term demand for the token will come from. With StorJ the issue is that they control the main storage bridge, accept fiat payments, but pay their storage hosts in StorJ tokens from their own reserves. This means that even if storage on the network picks up, anyone paying for storage will pay the StorJ company directly who will in turn pay the farmers out the company's own StorJ token holdings. In order to get Fiat those hosts will have to sell StorJ on exchanges where there's speculative but no organic demand for their tokens. These hosts gotta profit so they'll sell for less and less thereby driving the price down given the lack of organic buyside pressure. StorJ the company holds about 3x more tokens than the public so this problem isn't going away anything soon unless another and more a competitive storage bridge opens up on the network. In the immediate term this problem is compounded by the release of StorJ tokens purchased during the second token sale. They were purchased at $0.40 - $0.50 into a market currently priced at $1.10. Any half-witted individual would sell half their tokens immediately to recoup their initial investment. Alternatively, I've spoken with some of the Sia devs and they are very smart and capable but they've never started a company and are prioritizing ideology above good business practice. Sia is not terribly reliable or easy to use for storage at this point but rather than continue to build a simple and robust storage network they've decided to divide their attention to build ASICs (Obelisk). They are working to manufacture their own chips... Deathblow. This is a HUGE undertaking and a distraction when their network isn't even usable yet. They expect to ship chips mid 2018, that's a 1 year distraction. They argue that this will help to maintain decentralization and increase security but forget that miners mine valuable tokens. Increasingly the value of Sia will depend on the usability of the network. Holders were excited because it looked like it might actually be a decentralized storage network sometime soon. No longer. That's been postponed for the foreseeable future. So if it's not a storage network and they're creating ASICs for miners then what is it? A plain old cryptocurrency that has to compete with BTC, Monero, Dash, litecoin etc. They have literally pivoted away from the thing everything was excited about to make an inferior cryptocurrency. Why? Ideology. Smart holders are selling. The price is dropping out of proportion to BTC falling. If no one is storing data on the network because it's unusable then hosts will start to abandon the network. Sia will tank and the miners won't be interested in mining an inferior crypto. I think I just convinced myself to sell the remainder of my Sia. This may change, I'm reserving the right to buy back into both, but for now I'm divesting. I'm interested in hearing what long term holdings others have divested from and why. [I guess that wasn't so short]
  3. I have heard a good amount of talk about Siacoin recently. I have since began to research it, and does not really stand out to me as much different than the plethora of other altcoins out there. It seems to be a decently straightforward decentralized currency without any especially new features. Does anyone have a reason they believe, or do not believe in siacoin? I appreciate any opinions!
  4. https://forum.sia.tech/topic/161/about-siacoins-calculation-and-supply This is a good overview of Sia. Some think the proof of burn will ultimately match inflation.
  5. Sia is building a storage network. Their tokens may actually be in demand in the next couple years: https://blog.sia.tech/using-sia-as-a-storage-back-end-for-nextcloud-90eab037959d
  6. I was playing with the sia api and wondered if a p2p cdn would be viable, altough it is currently not and probably hard to implement to match centralized solutions like s3, I think think it is really positive the developers are working on it. Its still a speculative coin, so beware ^^
  7. https://forum.sia.tech/topic/783/sia-v1-0-3-released "We are proud to present a fully decentralized cloud storage platform. And by fully decentralized, we mean that we could turn off all company owned and employee owned servers and nodes, and the network would barely notice."
×
×
  • Create New...