⭐ Merited by Searing (1)
very promising coins, in my opinion, the price reached $ 0.1. What are the prospects for this coin. Do you think if I buy it in the long run, its ok
Well, what do folk think? (I have no clue)
Will, the previous NON-obelisk miners/GPU's etc that probably account for 90% of all the coined mined previous to 11/1/18 fork sell?
or even after obelisk kinda yanked the rug out from under...they will HODL?
What do folk that DON'T have an Obelisk miner doing? I realize the Bitmain A3 at 815gh and like 1375 watts is probably off the table for
any mining of any siacoin forked or not.....that boat has sailed..but again..probably 40-50% of Siacoin was mined by these folk....assuming
they were in HODL mode...I wonder what the selling ratio or HODL ratio will end up being in a couple months?
anyway, again, I know zip...just tossing it out there on this thread
brad
Although I know that crypto markets are still based on a lot of "hype" and "FUD", I do think at some point they will reflect "market value". In which case the price of SIA should be reflecting the current customers, income and potential future of the product.
When someone in that case dumps a lot of coins, it should attract new investors because it undervalues the company. That's at least my long term view, that it shouldn't matter. On the short term, I agree that disgruntled investors might cause the price to go down. Although I do think that the current miners are less inclined to dump. As usual, it could go either way.
I expect Bitmain to dump a lot of SC as they're probably mined a lot by themselves...to collect their BTC and to "punish" SIA by dropping coin price...
of course, I could be wrong, but so far they didn't paint themselves as friendly company