Ive been a Sia supporter since it was on the exchanges at 6sats..
I really think people like taek are trying to do the very best for this space. I don't know where or why the obelisk miners came into the scene, I see the justification is that they will help strengthen the network. this is why I decided to buy 2, and participate. But with all the time, VC funding and effort going into Sia. I think the best choices will be made in the end. I just hope not at the influence of their VC funders wanting a quick exit strategy.
So you think the price will rise again?
Why not man.. according to paranoid mental John mcaffee bitcoin will goto some astronomical price.. and as that support wavers it will be all dumped into alt coins.. Sia sits at a low amount of sats which means somebody can buy a truck full.. I shouldn't have sold at the price I did.. if I kept now I would have 300bitcoins when I brought at 6sats.
Thats gambling, not investing. Buying a coin because its cheap is no strategy, especially not with sia. Sure, its a good project with a very capable team, but they're bringing a solution to a problem is already being solved by other projects, who offer a lot more than just storage.
That is exactly my point of view. Sia was on bubble train in 2017 and made a lot of people rich just because of crypto craze. I'm not saying that sia isn't good, it is good project, but competition is growing everyday.