Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: hodlbitcoin2020 on October 28, 2018, 02:58:31 PM



Title: Sia Coin Potential
Post by: hodlbitcoin2020 on October 28, 2018, 02:58:31 PM
Currently Sia, a crypto project which aim is to decentralize online cloud storage is having a total cost of 104 and a total storage space of 264TB with a storage utility of 41.89TB a week averagely and an average storage price of $0.0072.

I call this PROGRESS. A system like this will not only protect our files online but will also provide the cheapest online storage price.


Title: Re: Sia Coin Potential
Post by: seo-maestro on October 28, 2018, 03:29:51 PM
SIA needs a lot of marketing to advertise their storage services but their competitors like Dropbox, Amazon A3, Google Drive are too strong and popular. SIA needs to spend many millions of dollars on advertising to become popular.


Title: Re: Sia Coin Potential
Post by: Psynthax on October 28, 2018, 03:41:06 PM
SIA needs a lot of marketing to advertise their storage services but their competitors like Dropbox, Amazon A3, Google Drive are too strong and popular. SIA needs to spend many millions of dollars on advertising to become popular.
It's so stupid to compete with the major companies, they have a lot of benefits compared with SIA and all of these customers will be probably go to the major service because they are not stupid because they known that the major service will always provide a very high security, development and research. that gives more guarantee to the users,


Title: Re: Sia Coin Potential
Post by: BQ on October 28, 2018, 03:42:56 PM
SIA needs a lot of marketing to advertise their storage services but their competitors like Dropbox, Amazon A3, Google Drive are too strong and popular. SIA needs to spend many millions of dollars on advertising to become popular.

but if we look at it long term, there's no reason to use those right?
it's interesting to see in how many fields blockchain will rule!


Title: Re: Sia Coin Potential
Post by: cescudero95 on October 28, 2018, 04:00:33 PM
Assuming Sia is superior in its intended purpose to mainstream cloud storage solutions, the key is advertising, as the 2nd poster stated.  DropBox, Google Drive, etc have many advantages, including moving earlier, being embedded by multinationals, and on and on.

What would be interesting would be if Sia could form some sort of partnership with one of those established services, or other, and allow them to incorporate the blockchain. 


Title: Re: Sia Coin Potential
Post by: pixie85 on October 28, 2018, 04:02:07 PM
  DropBox, Google Drive, etc have many advantages, including moving earlier, being embedded by multinationals, and on and on.

In future the amount of data that needs to be stored will only get exponentially higher. There's a huge market for all storage companies and that includes SIA. It also has a very interesting way of rewarding people for shared storage. I'd not be that worried about google drive and others because they aren't in the crypto space but what about similar storage coins like burst? How are they going to compete with them?


Title: Re: Sia Coin Potential
Post by: braves182 on October 28, 2018, 04:17:07 PM
The product is fully working and has already attracted the attention of large corporations.The company's tariffs look very attractive, the cost of storage is 10 times lower than Amazon, Google,Azure. There is one drawback - the lack of advertising, and without it it is hard to deal with this ara giants,potential customers simply don't know about this opportunity to save.


Title: Re: Sia Coin Potential
Post by: andor.gellenhidi on October 28, 2018, 04:38:20 PM
As far as I remember correctly, the characteristics and idea of ​​the project, I can say that the project is really very cool and can have wild popularity in various parts of society, the most important thing is not to miss the opportunity to invest in it and buy tokens now while they are very cheap.