Siacoin (SC) Analysis
Market Cap
$991,489,353 USD
Volume (24h)
$118,768,588 USD
Top cryptocurrency services
Siacoin investment analysis
Siacoin is bringing a huge drastic change and impact in the storage industry, your cloud; decentralized and at competitive rates against the most leading companies such as Amazon and Microsoft. Storing your important data is a right, not a burden.
Thanks to big technologies such as this one, you can store your data privately and safe at affordable prices that don't kill your wallet. Offering many features making this the best and a lot of advantages against the rivals.
Not even mentioning that the whole project is an open source by lead core developers along with many contributors doing their best to produce applications on the Sia API. Siacoin Investment is a smart choice if you think that storage online industry is missing some things and can be improved.
This investment will be focused on the future and how to bring the best by paying the cheapest. Fighting for the most because the quality isn't dependent on price, it's dependent on giving and open minds. So consider this when investing.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Siacoin?
There are above thirty-three billion Sia coins and considering all the exposure it got at the beginning of 2018 there are a big volume and interest in this. But the coin itself is still not available on enough platforms and considering to buy Siacoin, there might be few obstacles in front of you.
There are not many exchanges which listed it so you may not be registered to the exchanges that are listing the coin and you will find yourself joining a new one just for this asset.
Storing the coin is a problem either since there are no any hardware wallets or common wallets that accept storing this specific token. The wallet choice is very limited and only accessible exclusively on their website through the GitHub to be downloaded and use. Not the most comfortable wallet and not really supporting a daily use, but it's not really damaging the real purpose of the project.
Judging from the angle of siacoin's uptime, compare to other cloud service providers, it provides better uptime because it stores data in tiny patches on dozens of nodes, across the world. Also, seeing that it hit the market at the right time, I believe that SC will succeed in the future as high rate of adoption of Sia cloud storage is very eminent. From my little poking, to find information on this coin, I noticed that the coin has stayed relatively stable over the past six months. If we consider these figures very well then investors can confidently reap beneficial profits in the nearest future.