Quote from: Rippa84 on August 10, 2017, 04:15:50 PM

Quote from: lokinator on August 10, 2017, 12:49:51 PM

Once those things hit the blockchain next year the total amount of coins will increase by a 1/4 EACH MONTH; each miner can apparently mine 150,000 SC a month. I think the per coin value will decrease over time, just due to sheer volume.

Wondering where u got that from? O_o

The Blocktime is and will stay 10 Minutes. The reward decreases by 1 every Block, to a minimum of 30,000 SC per block.
Actual reward is around 180,000 per block. Thats 180,000 *144 = ~26,000,000 per day and 26,000,000 * 30 = ~777,000,000 per Month.

With a total supply of nearly 28,5 billion SC today that is more like 1/40 (so 10 times less) increase, and as already mentioned that value is contantly decreasing.
Not forgetting features like proof of burn.

Quote from: sweerty1 on August 10, 2017, 10:05:55 AM

As I said in another post I feel like Siacoin may do good as well but it is nearly impossible to see high prices. Max price is its opponent amazon's price. If it passes then noone would use Sia.

That is not a problem at all, cause all u have to do ist adjusting the costs in SC.

Devs also didn't say they want the price low, they stated they want it to be stable. Renters, Hosts and Miner should have a reliable token und no pump and dump bullsh** to make day traders happy.
Growing in a healthy way, nothin more.

I got it from the official projected statistics of the SIA miners (Obelisk). In June of next year they are projected to mine 150,000 SC a month. Each and every asic miner sold is supposed to mine that. If even just 5000 miners are sold (initial amount being sold) that will be 750,000,000 newly mined coins each month. Which is roughly 2.5% of the total coin supply each month.

As with any ASIC -- once one is mass produced, it is copied and resold by several companies. An estimated 25-50,000 asics for SC are likely to exist by the end of 2018. Each one mining 150,000 coins a month. 7.5 Billion coins minted each month. Of the current 28 billion coins. Equal roughly 1/4 the total coin amount created each month (I realize there will be billions more coins by this time next year so you can adjust %s accordingly -- but according to your own fairy tale, there should be LESS coins this time next year -- which is not true at all btw).

Whoever told you the value is constantly decreasing, clearly hasn't been following the coin. Do a little "science" experiment and jot down the current number of coins right now. Come back tomorrow and look at the total coins -- You'll see a metric shit ton more coins tomorrow than today.