Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Branko
on 11/02/2021, 09:43:20 UTC
I wonder if wallstreetbets crew just decided to jump on Sia, this coin is starting to surge like a space ship getting ready to launch Grin

I just hope not a pump and dump Sad.



Take the amount of Siacoin in the world (see www.coinmarketcap.com) at $0.008763 times the amount of the coin in existence, 46,971,862,992 SC, mined so far,

that comes out to $411,614,435.40 ..now ask yourself the question. Are Sia-Tech and Sia-Coin worth that amount of $$$ with their decentralized

network not fully up to snuff yet? I think not, it is gonna dump, just a matter of when.

Brad

I also think the same and i have cashed out my sia coins for btc which i have hold for few years. Recently the price spiked because of the hard fork news and i thought this is the best time to sell these useless coins. However i did lose a lot of bitcoins but still i gained good amount of USDT. The huge supply is a big hinderance for this coin to pump.


They're meant to be burned through usage, so I think low network usage is bigger obstacle than big amount of coins