The price crash of Siacoin?

[beyond_Help]

I was wondering what your thoughts are on the current decline of the Siacoin price. I'm wondering when will Miners turn to more profitable coins? Also I'm wondering about the pre-sale of the obelisk, lower prices don't fare well for me. Looking at the ROI, it is starting to drag out, It seems to be just as profitable for me now to invest say $500 in SC when the price is low.

I know the developers are working hard, and that they don't want to market a unfinished product, but we are now competing against products that aren't even start that are putting their name out there, and seem to be getting a lot of traction

Not trying to speculate here, but I think the community still needs some reassurance :)

[bryan]

@beyond_Help Your concern is understandable. If you need reassurance you can keep an eye on the developers in the discord server. Any inside information will be given there. I haven't heard of any plans to market SIA. I think it's far to early. I personally don't mind the price dropping as it only helps me acquire more. As long as it stays above $0.001 I'm happy.