Quote from: Branko on February 11, 2021, 09:43:20 AM

Quote from: UmerIdrees on February 05, 2021, 06:47:40 PM

Quote from: Searing on February 05, 2021, 02:46:23 AM

Quote from: ThePlayer123 on February 03, 2021, 04:08:05 PM

Quote from: R2-D2R2 on February 03, 2021, 01:38:10 PM

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

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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

to my knowledge, no Siacoin has ever been burned.....source?

not a slam...but burning coins vs not burning coins in usage would make a big difference in viewpoint

brad