when planning to buy SIACOIN in larger quantity as discussed here. What is the safest way to store those coins? So that I don't have a large amount just sitting on poloniex? Also, where can I find out more about this hard drive mining of Siacoin? thanks for the info. followed.
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only way to store them so far is the sia UI or the poloniex or bittrex walet
honestly whats wrong with poloiex? lol with all the talk of the unsecure wallets like millions being stolen from jaxx walet desktop progam etc, i am just realizing moe and moe that an experience exchangelike Poloniex can pprobobly keep your coins afer than most of us ever could!
Ad sure theres lots of people who have the polonieex horror story but alot of them are trolls hired by competing excanges, honestly they doo that alot! SOme insiders admitted on some pst how they make up lies aboout other echanges freezing accounts etc
and yeah poloniex had bad support buttheyre working through all the support tickets as we speak! and ost veryone has had their issues solvd! poloniex eve pays peopel backk when stop limit orders go wrong etc i mean honestly if someone DID steal ur coins from poloniex, they simply mke enough mony to actually have the money to pay you back!
see what i mean? Its like a common sene thing for me, that as long as you have your 2fa on polonix and have your email confrmation you should be good! i ever have anymore than a few hundred bucks worth of any one altcoin!
also split up your siacins some in bittrex some in poloniex some in the siaUI wallet
i have to be honest that i have 30,000 siacins siimply stuck in my sia UI wallet.and my laptop has not enough ram to run the sia program! LOl its a 2009 laptop so its not sias fault they eve apologized to me on the forum and explaind how theyd come out with newer version but tat i just need 8Gb of ram, an sia runs fine if u have 8gb of ram...but yeah its a GREAT thing i couldnt open up my siawallet! I sent siacoins to the sia UI wallet and i could never re penit and sync up cuz i didnt have enoygh ram but my coisn are perfectly safe! i have the wallet backup file and string of words so i can just leave them there
its almost like a per walllet because i ave the string only stoed o apper writtendown!
ok thats not a per wallet butyeah just stoe your siacoins in the poloniex or biittrex wallets
ut will be fine!
u can use siacoin UI but make sure ur compter is new anfast or has 8gb or ram!
if i didnt have that problem tho i would have never kept y cons for that long! i woulda sold em for some other altcoin before i knew any better!
but yeah im really glad ii bought siacoin and i even talked to a guy who told me about his siacoin rig that made him a few thousnd bucks a month! he had to have may many terabytes running in a special hard drive case but really cool ! siacoin has gone up so much tho that used to be five bucks to get thee 30,000 siacoins u neededto start a siacoin storage server, but now 30,000 siacoins is several hundred dollars but its ok peopel will paythat much to start making mony off a sia ig , multiple peopel will pool sia together to run sia hard rive farms
its gonan be HUGE theres gonan be ALOT of siacoin serves popping up as an alternative t bitcoin mining!
i see. Noted. Thank for the reassuring advice Mr Williams