- Sia is a decentralized cloud storage platform that uses a blockchain to facilitate payments. On Sia you can rent storage, get paid to host files, mine Siacon, or contribute to the project! What Problems Does It Solve Existing cloud storage providers are centralized. Costs are high, data is often unencrypted, and each provider typically runs only several large data centers.

Us Experience Points XP Mining Pool. Sia, by contrast, allows for private, decentralized, distributed cloud storage at a far lower price. Businesses could use this platform to reduce their cloud storage costs. Also its provides anonymity, let’s say you use Google Drive, Google displays Ads to you based on your content. What is Siacoin Sia uses a cryptocurrency, Siacoin, to enable decentralized payments via file contracts.

All payments on the network happen in Siacoin, which is a critical component of our cryptographic SLAs. Siacoin allows us to do things that would not be possible with Bitcoin or traditional online payments. Quick Takeaways Could potentially remove the need for Amazon web servers while being much cheaper Open source Allows you to anonymously upload your files to the cloud and then through an algorithm and encryption being distributed all throughout the world Take a file upload it and parts of that file is being stripped apart and being stored on different servers across the world with redundancy. More uptime Provides privacy, security, anonymity and stability You are going to hold the keys that unlocks the files and brings it back off the cloud. 2018 Price Prediction $5 by the end of 2018 Sign up with Coinbase for Free to start investing in Bitcoin and get $10 free Bitcoin when you spend $100! - Easily purchase Altcoins such as Ripple XRP, Cardano and more on the Binance exchange - Get the Ledger Nano S to Safely store your Cryptocurrency!: -Buy directly from Ledger - -Buy on Amazon - Mine Bitcoin and other Cryptocurrencies Daily with HashFlare! Free to sign up!

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I really don´t understand some people. Really like to be downers with everything included their own investments lol (thats for the 'even.2$ is too much to ask' crowd). To OP: Price guessing is a really bad business, even professional wall street people barely manage to get a favorable result from it. Your best bet is just to define for yourself if the coin has potential or not, and then just leave the rest of the job to the market itself.

Feb 04, 2018. After that the coin. Is at its lowest before it appreciates so that you can make. You acquire the Siacoin (SC) coins, you can now move them. Aug 21, 2017 - Siacoin (SC). Best altcoins to invest by 2018 - siacoin. Siacoin is currently ranked in the Top 40 of all coins based on the market cap of slightly above. The great thing about Steem is that anyone can earn Steem, as you don't have to mine it using super GPUs or CPUs, that may cost thousands of dollars. Siacoin (SC) Siacoin is currently. The best part is you don’t need a capital to make money from Steemit. Three Altcoins That May Rise Substantially By 2018.

If you ask people about their opinions in these things you just gonna get limits. If you don´t believe me, try to check what people thought about BTC prices back in 2012/13, or ETH in 2014.

Personally I would state that the coin has potential: • It has an underlying value in the form of an actual service and a market for it • Only SC can be used to pay for that service, so no matter how bad things go for all the coins out there (and a lot of them have no value apart from the scarcity they offer) SC will still have demand, as long as the service has demand also. • Since SC gonna be one of the few real value coins out there it automatically enters the sphere of investment and creates a separate market for itself. • If there´s a major crisis in the altcoin world, shitcoins gonna start losing all their market cap. And those funds will flow into the 'real value' coins, SC being one of the cheapest gonna attract a lot of that cashflow. • There´s a lot of interest in the idea even before it was launched. Once they release the official technology there gonna be a lot of eyes pointing in this direction. • People say that the 'accumulation' phase of the coin is over.

I would say that till a good period after the release that´s not the case. The price spike is because of more people getting interested in the crypto world and investing in SC for the long term potential, hence still accumulating. • People say that SC is limited by the service price of SIA, but that can´t be further from truth.

SC is a lot more divisible than BTC, so no matter how much a SC cost in fiat or BTC, hosts gonna be able to ask for a decent and competitive price, even if the price in 100 years rise to 100000000$, hosts gonna be able to ask 0.1 SC (or whatever a 2-5$/tb gonna cost in SC) • The introduction of ASIC to SIA will drastically rise difficulty and rise the capital requirements for mining. This will make SC scarcer and increasingly expensive to get. • Since a LOT of people will not be able to mine SC anymore, they will start buying it for their investment, hence creating demand for the coin and rising the price • Once the technology is out, outsiders gonna start buying SC to pay for the service, if there´s a big demand for it, the amount of people willing to acquire the coin gonna send the prices to the skies. • If the boom of cryptocurrencies continue, it will drag SC with everything else. So TL;DR: There´s potential in the underlying technology behind SC and the demand for it, there´s a lot of potential demand for the coin itself in the future, market conditions could greatly accelerate this, the overall trend with cryptos gonna heavily affect the prices also. That´s why I mine SC even if it´s not profitable for me ATM.

Edit: Forgot to mention that although SC are infinite, the their release will decrease to 30k per block, which is a really small size for the market the devs are planing for SIA. Take in count that a lot of SC gonna be holded as investments, so there gonna be a limited quantity in the market, which also gonna influence the rise of the price. The infinite supply of coins is a good way of defense for SIA from aggresive take overs by competitors, and speculators that could corner the service if there are no new coins flowing into the market. It's unlikely to hit $1, but it's NOT IMPOSSIBLE when it comes to the crypto world. 1 full year is almost consired long term in crypto. Alot can happen untill end of 2018.

Sia's market cap can easily be flooded at anytime with world wide money adopting this great project. Their fundamentals & road map is just amazing.

I would not be surprised at all if we see 25 to 50cents in 2018. Who knows, this can be a conservative prediction, considering how significant some market caps rise through the roof.But $10, I mean c'mon, that's like 10 plus years.