Is this shitcoin ded for real?

ok I unironically bought 100k of this shitcoin
I still like the idea but Im thinking more and more this coin is fugging dead
usually I never sell at a loss and this has fared me well so far

but Im really losing hope in this coin

>the whole asic / obsidian shitshow
>devs clamiing they want to keep the price low
>sia network fees go to hodlers of SiaFunds NOT siacoin (wtf?)
>palm beach report just gave sell signal

should I cut my losses and get out?
thinking of buying more bitcoin or OMG instead

Other urls found in this thread:

trello.com/b/Io1dDyuI/sia-public-roadmap
explore.sia.tech/
coinmarketcap.com/currencies/siacoin/
twitter.com/SFWRedditVideos

How do we know, make your own decisions.

Be patient if you want real gains.

wait
i sold xrp right before its recent pump
at least wait for a good pump

fucking stupid, this is not real money

how many percent of loss right now

>how many percent of loss right now

its down -50% right now
ive seen shitcoins recover from worse than that... but not sure if I have the patience to hodl this piece of crap

sia is a great buy if you don't mind waiting literally a year or two.

kek. did you follow palm beach confidential back then when they advise to buy siacoin and now sell when its -50%
Though for me just wait for a news or release if you can wait.
trello.com/b/Io1dDyuI/sia-public-roadmap

What Obsidian shit show?

What an unbelieveable fucktard. How about DD before you throw out your wild guess and bitch that it doesnt immediately pay out?

Asic is a positive for SC and anyone who thinks otherwise should stop wasting my oxygen

Devs didnt claim shit, go to reddit and read recent clarification. Lazy fud spreading trash.

4% of transaction value goes to siafund owners. Its negligible. Why not mention that devs didnt do premine or ICO? Obviously because you are a living piece of garbage.

What the fuck is palm beach? Just kys

>be newcoiner
>look on coinmarketcap for a cheap and stable coin since those tend to get pumped
>find GLM
>money not ready yet
>it gets pumped before you're ready
>look for a new coin
>find SC and buy in
>hours later threads pop up with people FUDing it

I think I'm getting the hang of this.

A lot of people paid at least double what you paid back a few months ago when it was being shilled a lot. Think I bought in at 500. But I only have 1000 so meh

>did you follow palm beach confidential back then when they advise to buy siacoin and now sell when its -50%

no actually I got shilled by Veeky Forums

jesus calm down there satan
the devs did claim they dont give a fuck about price. then they half-heartedly backpedalled after they got called out on it.

Let them worry about making their product usable. The price comes second.

>what obsidian shit show?

>devs talk about big announcement on day X
>muh obsidian
>Veeky Forums gets excited
>devs release their announcement days BEFORE they had scheduled it
>turns out their faggot announcement was a bout them releasing an ASIC miner instead of focusing on their main product
>turns out they want to flood the market with gazillions of coin and create inflation
>shortly after devs claim they dont care about price (they backpedalled later)
>turns out transaction fees go to siafund owners not to siacoin owners (though angry user above claims its only 4%)
>devs are confirmed autistic and terrible at PR
>lots of people get pissed off and sell their SC

>turns out they want to flood the market with gazillions of coin and create inflation
I lol @ this disinfo every time. Betrays such a clear lack of basic understanding about how cryptocurrency works.

Sell it.
BTC is going for 5-6k before november. SIA will drop to 100 sat or even more. Don't hold any alts, unless they are new and didn't get pumped yet. Alt-market is over, there is only bitcoin now since segwit got activated and all the FUD is over.

The voice of Reason herself, that every Veeky Forumsnessman needs to hear.

100k is worthless. Stop crying.
>this coin is dead
>still has 200m marketcap
Every single time

Let's go through the bullshit.

>the whole asic / obsidian shitshow
Over expected sales. They did it to secure the network and have enough sales to do so. That's a success. The hype simple made everything go up.

>devs clamiing they want to keep the price low
The devs have no influence on the price. It's all the free market. The devs do not care about the price of the coin because they know that a working product wins the world over hype nothingness.

>sia network fees go to hodlers of SiaFunds NOT siacoin (wtf?)
Do your research, and don't let one shitpost troll make you misunderstand the purpose of siafunds.

>palm beach report just gave sell signal
>listening to people tell you what to do

Why are you not doing research in a coin you invest?

explore.sia.tech/
Total File Contract Size 169 TB
coinmarketcap.com/currencies/siacoin/
Market Cap: $379,033,045
169 HARD DISKS COST $379,033,045
1,933,842$ EACH

>3207978
LMAO, WAS THIS YOU?!!?! YOU SAID THE 100k MEME AND DID IT?! THIS WAS YOU!?!

Sounds good in theory but it's not practical to jump through all the hoops to acquire it off an exchange and then pay transaction fees so you can store shit when existing cloud services are already cheap as fuck.

As bitcoin and blockchain becomes more mainstream, it won't be impractical.
That's like saying it's impractical for someone to go to localbitcoin and get their bitcoin. It's still inconvenient but in 5-7 years, it won't be.

Sia is not for end-users. It's for service backends.

wrong

>turns out they want to flood the market with gazillions of coin and create inflation
Asic don't create coins.