Post
Topic
Board Speculation (Altcoins)
Re: (SC) Siacoin Speculation
by
ol92
on 06/06/2016, 07:45:21 UTC

Oh ye of little faith  Tongue

Even though you missed the boat, it's been great to see your threads and have your support. The votes of confidence that we get from key players in the cryptocurrency space keep us motivated.  We're glad to have gotten so much working already, and excited for what's coming in the next month.


If you have followed Sia you may know that the recent price hike was all down to Yunbi (a large Chinese exchange) listing Siacoin next to a small selection of other alts. So, consider what will happen when 1.0 is launched (and it won't be an "experimental" launch; that is all part of 0.6.x development and testing).

I would say now is a good time to re-enter Sia. It is down that 53-54 sats and seems to have hit a resistance level there. I doubt it will go much lower.

Good luck on whatever path you choose!

I did some soul searching and realized that I needed to diversify a little out of Monero into a couple of other worthwhile projects.  So I swallowed my pride and rebought Sia for 56 satoshi just now.  I expect it could drop to as little as 40 satoshi, but I'm willing to ride that ride.  Smooth is right - the Chinese tech fans can be voracious when they catch wind of a new fascination, and there are a lot of good things (honest good things, not empty hype like some of these recent ICOs) on the horizon for SC. 
 
So I'm back in for approximately 20 million Sia.  It's a shame I didn't just hold what I had back a couple of months ago, but I won't make that mistake again.  I've seen how many commits you guys have made to the project and I feel like there are good things to come.  Good luck to you for the upcoming June milestone!
I mine and bought sia since almost the begining. But I sold most of my stack around the 20-70 sat, I was convinced sia will go back to 15-20 at least once, especially with the btc rise. It seems I was wrong! Surprising to see it is able to not only remain in the 50-70 range  but to break out to new range with the current btc rise.