Quote from: BillCoin on September 03, 2017, 09:39:29 AM

Quote from: attilafx on September 03, 2017, 08:51:34 AM

Quote from: attilafx on September 02, 2017, 07:33:40 PM

[So there you have it. As I said before. The devs failed miserably. If it was such a great coin then price would be in the thousands sats and not below 200. Like I mentioned before, charts never lie Wink

They might not lie (they actually do, as they just show the mood of speculators), but you are either an ignorant or just a FUD spreader that wants to buy Sia cheap. Read what I wrote previously, buddy

If I want to buy Sia low and cheap you could argue that I already can since it is trading below 1000 sats. look at the market orders. right now there are 40 BTC buyers and 10 BTC sellers in the range of 180 to 190. Still price is grinding lower. There is no buying interest in SIA. and with a zillion BTC traded on a single day you can not deny that the market isn't interested in this coin. And there I go back to my initial statement. If it was such a great coin we wouldn't trade this low at all. I'm not here to ruin the party, but you have to see the fact that the market isn't interested and if the market overall isn't interested you might actually see much much lower prices. Especially as the dumping continues because somebody is selling all the time.

It really depends where you look at.

I think that the main reason to the sia price being low is the very high inflation rate.

About 200K siacoins are being created every 10 minutes which is an insane inflation, I think that it is the reason that the price keeps low instead of skyrocketing.

[/quote]

That's quite a lot. it's not inflation but hyperinflation then. No wonder every uptick is being sold into.