Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
Searing
on 13/02/2021, 22:19:25 UTC

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


https://www.reddit.com/r/siacoin/comments/8te2e4/when_coin_burn_every_day_and_400_000_sc_so_far/



so 2 years ago? and only  Overall, 393 000 SC

so I ASSUME that SC burning only happens (if indeed it is still happening) on the sia-tech storage setup usage which is still in beta?

So until you can actually BUILD a sia-tech node for the process of decentralized storage, even at break-even and 'used' equipment

well ..the project is still sitting around without any real storage progress in comparison to the amount of Siacoin and mining in the world.

Seems amateur  hour for years...just saying

So none of any of this relates to the realistic price at 1.5 billion SC made per year and the amount out in the world now...not to mention the

over-abundance of mining equipment and network ...for a Skynet network that has, in comparison of these to parts, little use.

You want to impress me ...get some nodes out there for storage that a person can afford to make and at least break even on

right now it seems sia-tech has made a 3 legged stool with only 2 legs. Seems 'wobbly' for the price of siacoin and that seems to be on FOMO

on stuff that does not seem to be coming into play any time soon. ;(

brad