Quote from: dazbog835 on August 13, 2017, 09:56:36 PM

But isn't having a stable coin a good thing? A slow but constant growth connected with the growth of the network...

I don't know. This isn't bitcoin. It's supposed to be a service coin. I think the idea of having a steady, stable coin is pretty sound.

Well, price stability is "nice" and all, but it's not a guarantee of future prosperity. The price of a coin is determined by the whims of whoever is holding /buying /selling a coin at any given time. Sometimes those fluctuations are based on logic and reason, other times those fluctuations are nonsensical and arbitrary.

Crypto currency is such a new, undeveloped asset class that volatility is par for the course. Even bitcoin was half its current value a month ago.

If crypto currency survives in general, then a lot of cryptos with real game plans, engaged dev teams, solid tech etc should appreciate in price over time... but there are no guarantees.

SiaCoin Obelisks (assuming they get built and delivered) WILL secure the SiaCoin network. Right now, 2 or 3 Siacoin gpu mining pools COULD join forces and 51% attack their network. From my limited understanding... I think that would be a bad thing.

Network security doesn't GUARANTEE price appreciation, since a coin's price is based on the whims of whoever's trading at the time, but it's certainly a VERY good sign and indicative of a crypto on the go...

SIA MOON!!!