Looool

Am I too late?

like 5$

Weak handed or Day Trader ?

nah we're going 10x on this at least

It was around 400-450 sats before poloniex issues started to appear. It's ATH was somewhere around 500+. Long story short; it's going to be at least above 1k sats this month. I don't know about 10k sats though, that seems way too high. 3-6k sats is my bet.

I hope I'm not too late for this shit.

Welp. 27 BTC wall at 400 sats got eaten like little bitch.

its was removed.......

Finally sold my bags. Gonna catch the dip at the upper 300's

>tfw free at last from this shit coin

Nope. Look at buy orders.

>3 weeks later
Wahhh Veeky Forums why didn't you tell me to hold!!!!

I bought some of that wall so I doubt it.

Bought like 4k at 205 :( Wish I bought more.

just bought at 390 and im not even concerned
this will hit 800 soon

I'm actually a bit concerned not with SIA though. It has only risen like 100 sats in last 2 days so it's safe to assume it won't dip too hard. This friday is way too crazy, even the shitiest of alts are exploding in green. Huge correction is coming. I hope last saturday bloodbath won't happen tommorow again...

>mfw finally able to sell this shitcoin
Thanks for holding my bags, faggots.

=

IT HIT A PENNY

oh BABY

Not the first time its hit a penny.

sold at 399

TO THE MOON

10k sats, if this thing hits 10k sats ill go buy scotch and do fuck all today, hmmm, im already doing fuck all. well, ill add scotch to it!

10k sats would be equivalent of DGB hitting 1$. That's huge. Don't get my hopes up.

1.6 mil hodl

This baby is goin to $0.20

Got in at 150 sat btw

420 bab woo

Are you that guy who had 700btc+ worth of SIA? and posted it here?

Ah did not consider market cap... no scotch

>1.6 mil hodl
ah nvm. There was that one guy here with ~700btc of SIA at poloniex here. I hope he won't dump on us, lol.

No, that would be me.
I got in at ~ 30 sat.

no, that would be me. what would you like to know?

Hodling strong since 150, then doubled down at 240, then went in again at 380. All the idiots that are selling are obviously not looking at the volume and the crazy walls that have been set. Someone is accumulating.

someone, indeed.

I don't know which one of you mofos is the real one, but I envy you so much. You are pretty much millionaire at this moment. All you have to do is just slowly putting 1btc sell orders. I'm shaking with excitement thinking about my 0.3 btc gains from my 250k coins. I can't imagine what you are even thinking atm. Fuck. I'm impressed.

does it run on ethereum?

just sit back, hang on, and enjoy the ride.

It's a weird feeling because I held onto this coin for over a year, saw it rise up to 178 last summer then crash. And now it's back up and I'm basically a millionaire. I still remember when 1btc could buy you a couple million sia.
The only thing I'm thinking is just a dry ''yaaaaaaaaay I'm rich''. But still, I'm happy and it's likely sia will reach even higher gains by the end of the year,

Are you the fuck with 88 million sia?

If so grats, Im jelly as fuck

nvm didnt read the thread.

Yep, that's me.

Impressive. My ultimate goal in crypto was basically what you have just achieved. SIA will be huge for sure so your BTC stash might become even crazier. I'll be just happy with my 10x gains. Not going to sell it until it's at least 3-6k. What will you do with you money though? are you going straight for fiat or just invest into other coins?. Shit. You might become some cryptoking.

are you going to talk to a finance professional about how to start cashing out?

I would immediately max out my IRA, FSA, and HSA at the very least. If you quit your job for a year you won't have to pay anything in capital gains.

also, thoughts on swarm?

Congrats dude! What was your initial investment?

I'll probably just let it grow. I don't really need much money. I just did it to prove to my family that I didn't need to go into finances to be rich.

Yeah, I've been in talks with a tax lawyer and a crypto lawyer. The issue is a bit tricky because I live in Canada and bitcoin is considered capital gains. So I would have to declare it. The problem is that I ''could'' not say anything and slowly take the money out using localbitcoin but I've given my name and address to polo.
Both my tax lawyer and cryptolawyer say that polo only keeps records to prevent money laundering but that if the IRS pushed, they could audit everyone's name in the future. Then the IRS could pass that information to the Canadian government and eventually get to me.
Recently, the IRS has been pushing coinbase to release usernames and their personal information because it seems only a hundred out of the many thousands that use coinbase ever declare their taxes. So I'm kinda stuck in a hard place not wanting to pay anything, but knowing that eventually, the government might want its cut.
I'm thinking of btc debit cards but they have like 3% fees and that's just ridiculous.

20k

It's shooting up again

Is this actually a good coin?

Shit it is. I think this is an ATH. Thank God. I've had hands of steel since buying in three weeks ago

Its a distributed cloud storage system supported by the blockchain. It certainly has potential, but its still in super early development. Do your own research faget

It's a great coin.

Sia is revolutionary because it's a cloud storage that uses the blockchain to become decentralized.
The coin makes storage become a contract that incentives people to keep the storage for the allocated time or lose money. What makes sia great is that it separates your data into chunks, and so long as ~ 10 host keep your data, you'll never lose anything. Meaning no one can ever hack your data as no one holds any actual information. Compare that to dropbox or Amazon that actively spy on their users or can be hacked. No one would be able to do that with sia.
Plus by being a free market, allowing anyone with a shitty storage in their garage to allocate their storage, but protected by the sia network encryption, it makes the actual price for getting storage much cheaper than anyone else on the market by a lot. One of the main problems in the storage world is that you need a reputation, because no one would give out sensitive data to anyone, so you need to have a very well known brand. But with sia, anyone can join in and no one is at risk.

The great thing also is that the devs themselves cannot bail out like the storj team. The sia dev only has a secondary worthless coin called siafunds which only allows them to collect ~ 3% of all contracts on the network. Meaning for them to make money, they need to become the Facebook of Storage or die. Compare that with Storj, the other storage coin that have decided to become centralized ''because it's easier'' that are holding 90% of the coin and can sell at any time.

The potential for the coin is great, and the dev team in charge are razor focused on only creating that vision.
I'm personally all in sia and I see a bright future for the coin.

Everyone point and laugh

see

>thank god I sold
>it raises
Every time.

idk anything about swarm.
Very low marketcap so you could put a bit and see it raise. I can't even open their website. Fuck my firewall.

Anyone who missed the train still laughing? It's one of the best and still very undervalued coins which will rule a billion dollar market. The moon is no limit.

i kinda want to cash out and buy stratis

HAAHAHA 450 sats

Panic sellers BTFO, I cant wait to taste your tears once this shit gets .15 cents a coin

I can't believe it was not shilled here before. SIA only caught my attention because of guy. Then I read about it and start question myself why I didn't invest into it earlier.
>torrents being taken down everywhere
>nyaatorrents down
>extratorrent down
>tpb is a shadow of it's former self
>internet being censored left and right with content removed
Yeah. Like I said in other threads; only IPFS (ARK/SHIFT) can compete with SIA at this point. I'm only worried about some unwanted media attention when some people start "abusing" its decentralized nature by storing CP for example.
I want to do the same with my DGB holdings. I'm still amazed at STRATIS. It has been rising for few days straight and just doesn't stop.

Yeah Nyaa going down hurts. We got Nyaa pansu but a lot of the eroge that was on sukebei nyaa is lost forever. Reminds me of when megaupload when down.
Sia could actually become the next stage beyond torrenting.

i have to say the dev being so active on reddit is a good indicator

can you actually get access to other people's data though? I thought it was more of a distributed file backup solution, not p2p

I talk with the main dev every few days. They're great. One time someone called their tech shit, thinking ''oh if it's just storage, why need blockchain, that's just a gimmick'' and they wrote an entire blog article explaining sia to him.
They're really great guys.

Eventually, you'll be able to share your seed to other people to download your files. Like mega or whatever.

but how is this controlled? is there a vetting mechanism so I'm not giving the mpaa access to my files?

I just find it hard to understand how it can be anonymous for me to share my files but not anonymous for the receiver so I can vet them

he just has to be picky about who to give the seed to

It's not entirely anonymous.

so it's not true p2p

I'm not knocking Sia, I can imagine several great use cases, especially for enterprises, but I don't think it will be a valid replacement for torrenting like envisioned above

>so it's not true p2p
Since I'm in a good mood. I'll fill you in into something that might interest you.
vTorrent(VTR).
Research it and invest at your own risk. Dev/Dev team is one huge mystery and so far has only made promises, but should he deliver what he promised.... we are talking about 10b marketcap and kazaa/emule successor.

it looks dead

Torrents themselves aren't anonymous either.
You can still give data to others while never having it lost forever. That's an advantage sia has over torrents. If everyone stops torrenting, you're fucked. But with sia, so long as you keep paying, you'll always have that data.

Yeah. Pretty much. I would still suggest keeping eye on it. Dev has promised releasing new wallet this year and there is no other torrrent project at work currently. Check VTR's bitcointalk thread. It's one of those extremely risky investments. I've bought 10k just incase it succeds.

I think there's a better chance that someone ports it and ICOs it on ethereum network tbqh.

It's just fishy to me that once crypto took off, the development stopped. I think someone cashed in and cashed out. It happens all the time in every sector.

>It's just fishy to me that once crypto took off, the development stopped. I think someone cashed in and cashed out. It happens all the time in every sector.
Yeah I was thinking the same thing. It's middle of 2017 and no new code. I'm still going to hold though and wait for a miracle.

I also just realized that there will be a metric shitton of litigation about something like vtorrent too. You might spend half your lifetime in the courts trying to fight off content creators that don't want to be part of the network (they LOVE owning their distribution channels because they profit at every step). It could be Ross Ulbricht 2.0. I'd rather just take my millions and cash out too before it gets to that point

You realize you hold the power to destroy the entire market and plunge it into a major sell-off that would evaporate your theoretical gains right?

You're going to do the right thing user, and stop showing off your holdings....

Same here bois. I sold all my DBG for 200 bucks more than I paid (sold for 300) but now if I had just held I'd be up like 1.5 grand. I hate myself.

What happens to sia price if that guy sells all of his coins?

Yes, i am very dumb

Like the other guy asked:

How do you plan to handle your significant leverage over the market then? Many smaller holders here obviously

Supply = Demand

Sell off 88 million sia at once

Supply > Demand

Market Reacts by dropping the price

>destroy the entire market

literally in his post

wow you really are dumb

Bought in at 321 sats. Sell or hodl?

do you want to make a little money or a lotta money

Both.

I'm obviously going to sell small amounts over time.

Nothing. More people will hold my coins.

stop that SC, go back up!

Bought at the ATH again ;_;