Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Aquazi
on 01/11/2017, 14:12:47 UTC
Evaluating the status of a project by the price charts vs Bitcoin is a nosense, as Bitcoin has increased by 7x its value in the current year. It is like stating that you are driving backwards in a highway just because a faster car passed you by. If you compare the price vs FIAT, the value of SC has been moving in the range of 0.35-0.5 cents of dollar for several months.

Well put, and while I said that there may be cause for concern if the price plummets in December, it's on the understanding that Bitcoin's value tanks after the Segwti2x drama plays out, and people reinvest in alts. I'm invested in Sia - otherwise I wouldn't have ordered an Obelisk  Grin

Hint: nobody gives a fuck about decentralized storage, it's a non issue.

Sure, there are more contracts being signed right now, but the request of sia for those contracts is below 0.

This coin will keep going down and down, because the real use case is something nobody cares for.

I'd also tell all those people sharing their space on sia that they would make much more money with the same space mining burst, but if you're happy to buy at 50 sats just to sell at some point for 20, your choice.

Most people here want to speculate on Sia, not use it.