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What the FUCK is its problem?

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Thread replies: 17
Thread images: 4

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What the FUCK is its problem?
>>
its not NEO or OMG
>>
>>3006955
too many coins
>>
>>3006991
That doesn't matter, except for unitary worth.
>>
https://explore.sia.tech/
Total File Contract Size 169 TB
https://coinmarketcap.com/currencies/siacoin/
Market Cap: $379,033,045
169 HARD DISKS COST $379,033,045
1,933,842$ EACH
>>
>>3006991

Ripple has 33% more coins and it's priced 18 times higher than sia
>>
>>3006955
And it is dipping further while storjcoin X is rising
>>
File: 1463299041394.jpg (36KB, 342x416px)
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that guy with the tens of millions of siacoin must be JUST'ing really hard right now
>>
we are at the floor, It can only go up from here

Trust me, Ive bought the swings on sia many times for many a month
>>
>>3007374
me after buying 20k @497
J U S T
>>
>>3006991

It's when I read shit like this that I'm reminded most of you are absolute retards.

Coin supply has nothing to do with anything...
>>
>>3008020

it impossible for siacoin to ever reach $1 with so many of them
>>
>>3006955
I bought a shit ton of sia instead of ans and sold it when it turned to shit.

It hurts looking at ans at $16
>>
>>3008029

All that matters is market cap if your talking about this, unitary coin value means nothing.
>>
>>3006955
File storage is cheap anyway. This all round is a bad idea.
>>
Nice! Just sold 110k big green buttplug coin.
>>
File: sia 4chan mascot.jpg (80KB, 744x700px) Image search: [Google]
sia 4chan mascot.jpg
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>>3008029
>it impossible for siacoin to ever reach $1 with so many of them
Not really. If they manage to get over 40 million TB of storage on the system, they would be worth 1$ per sia. Assuming 1 TB = 1-2 $ price remains the same.

Right now, the number of used TB on the sia network doubles every 3 months or so.
so essentially a 2^4 per year (maybe). It might not seem much but in the long run, it's significant.

year 1 65 TB used (right now)
year 2 1040 TB used
year 3 16640 TB used
year 4 26624 TB used
year 5 425984 TB used
year 6 6.8 million TB used
year 7 109 million TB used
year 8 17 million PB used
year 9 over 250 million PB used.

The question is whether you're willing to wait +6 years for sia to be worth 1$.

>>3007374
Not really.
Thread posts: 17
Thread images: 4


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