My Opinion on SIACOIN

in #crypto7 years ago (edited)

My Opinion on SiaCoin I would be giving my opinion as a web developer and website administrator as well as a trader-cum-investor.
SiaCoin is the cryptocurrency which is supposed to be used in Sia Network, a decentralized cloud storage based on blockchain technology.
There is NOT many but only a few others which are working on same technology of decentralized cloud storage which are Storj and Safe Network only.
Sia is in pre-release mode, and will be up with their v1.0, first official release on 28 June, 2017. They have been working on this since 2014.
What made Siacoin so popular suddenly? It’s cost. Sia aims to provide 1 TB storage at just $2 per month, cheaper than anything on earth currently. As the administrator of huge data-handling website, this is seriously cheap. That too cloud storage technology where noone can delete or have your file without permission. No stupid copyright, no trolls etc.
Rest other network have been released, Sia is the only one which will release its first version. Hence for now, it is considered to be good investment from monetary as well as technology view.

Their website: http://sia.tech/

Goodluck if you are gonna jump into trading or investment. Remember, a knowledgeable trader is a profitable trader.

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Hey nice little write up.
I bought some SC some time ago - still holding. I think the team loosk really good and I like the way they communicate with everybody. Very transparent company. Let's hope this will be a success story!

Good info friend you need to be popular i saw some people posting crap with huge popularity but it's ok is part of life

Good article. I was about to start a similair discussion. The popularity of the cryptos is currently determined by the biggest group of uneducated investors in man kind. It's an interesting world we live in. I found this amazing platform: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. See: https://www.coincheckup.com/coins/Siacoin#analysis For a complete Siacoin Investment research report.