Siacoin $1 this year

[Febo]

The cloud storage market size was $30.70 billion in 2017, so if Sia will corver the whole market, it is something about $1 per coin. As for me, this cannot happen in 2018.

Well same thing was for ADA when it was 2 cents in Nov but it did hit $1+ on Jan 2nd.

What was same with ADA, can you please explain in few sentences. What was the same.


SiaCoin is stable coin which will stay in Cryptospace even when big crash happen and wash out 90% of coins, maybe even your ADA.   Why would such stable coin gain value x50 in less then a year?  I can reassure you it will nor lose value 50 times and will not gain value 50 times.  I dont know what will happen in 2019 or 2020. But we are talking about 2018.

[cygan]

so achieving 0.5$ would be a great success for siacoin

[SPINPIX]

i bought siacoin at 0,06 and form then the price kept falling costantly, obviously i'm holding till it will come back to a higher level, and it will, we have just to wait. but said that 1$ with this capitalization would be a lot!

[dwarfik]

i bought siacoin at 0,06 and form then the price kept falling costantly, obviously i'm holding till it will come back to a higher level, and it will, we have just to wait. but said that 1$ with this capitalization would be a lot!

As I have said before, to achieve this capitalization SIAcoin would have to come with something more innovative than the current concept. Current money which is paid to hosts is extremely low and in case someone uses dedicated computer to become a host, SIA won't even pay for the hard drive even in 10+ years, not counting electricity etc.. However, by increasing the price, they are going to lose customers. Scaling up won't help here, a customer will want to pay certain amount of money for certain amount of storage regardless of the size of the SIA network. In current state, the SIA will fail in my opinion, sooner or later.

[AUruHM]

The cloud storage market size was $30.70 billion in 2017, so if Sia will corver the whole market, it is something about $1 per coin. As for me, this cannot happen in 2018.

Well same thing was for ADA when it was 2 cents in Nov but it did hit $1+ on Jan 2nd.

What was same with ADA, can you please explain in few sentences. What was the same.


SiaCoin is stable coin which will stay in Cryptospace even when big crash happen and wash out 90% of coins, maybe even your ADA.   Why would such stable coin gain value x50 in less then a year?  I can reassure you it will nor lose value 50 times and will not gain value 50 times.  I dont know what will happen in 2019 or 2020. But we are talking about 2018.

When we will see new Obelisk circulation supply will have huge growth. And for developing SC as coin with PoC not required big price because it can be too expensive for service customers. I think all understand that any coin designed for a specific task not for holder's profit?

[onetwostep]

It's impossible. If siacoin reaches 1 dollar, can you guess what will the siacoins marketcap? There is no need to talk about impossible things.
There is nothing to be discussed or thought about

[Andrew1337]

Some of the experts are saying that Siacoin will hit $1 this year.

Is it possible with 32 billion circulating supply?

I want to stock it up.

In my opinion we can see siacoin at this year somewhere at $5 if bitcoin will be back at his awesome value $25000 . If bitcoin is still going down or he will stay at the same price 8-9k then all altcoins will be stopped from growing . I hope bitcoin will be back so siacoin will go up . By the way I saw a youtuber that he put almost 150k in siacoin

[drogba773]

Maybe by 2020 it's possible. Still long way to go

[reflector]

Some of the experts are saying that Siacoin will hit $1 this year.

Is it possible with 32 billion circulating supply?

I want to stock it up.

In my opinion we can see siacoin at this year somewhere at $5 if bitcoin will be back at his awesome value $25000 . If bitcoin is still going down or he will stay at the same price 8-9k then all altcoins will be stopped from growing . I hope bitcoin will be back so siacoin will go up . By the way I saw a youtuber that he put almost 150k in siacoin

How you define the siacoin will be bumped to 5 USD. I know many people mining the siacoin and holding it for long time. We need to check the project will be long lasting or dead soon. We have to check the marketplace movement on this coin all the time.
You mean you have invested 150K USD on this coin. I really amaze how did you understand this coins will be bumped more in the market.

[Prodigye]

$1 is quite unlikely it will definitely raise but I don't think it will raise that much.

[Kowalskix]

Not this year. I thought that Siacoin will jump earlier, but it didn't. I guess they are still working on some things.
1$ is to much now, but it's not impossible in the future.

[pitiflin]

Its possible. People were once wondering if ripple will ever go to 1$. It went till 3.80$,and then the aftermath of it was a long awaited dump. Siacoin is a  coin which gets pumped and dumped very often. It can go to 1$ but the probability is too low. But don't keep your hopes down cause hey it is crypto.

[jhontwis]

I do not think it would be a very imaginative approach to expect Sia to come for the $ 1 price for the future. As Sia's price increases, Sia's price will increase as Bitcoin price increases.

[hash512]

Anything is possible in the world of Crypto and one day it could well reach $1 or more but this year is a little optimistic.

[BCSHonda]

Not this year. I thought that Siacoin will jump earlier, but it didn't. I guess they are still working on some things.
1$ is to much now, but it's not impossible in the future.

I believe Siacoin can reach $ 1 this year. Investors in the cryptocurrency market are particularly interested in crypto coin worth less than $ 1 and invest heavily in it. Like the XRP, I believe that SC can reach $ 1 this year as well as I am buying SC for a long time.

[jeda2000]

Sia is a good project in my opinion. Of course, at a dollar level. However it is hard to predict when this happens. The market has already been shaken. Even stronger projects are set off from their goals.

[jinnyjinny]

i can't imagine situation where sia reaches the 1$ this year, it must happen something  fabulous, what makes the price grow in 50 times ..if only SIA will become the coolest project providing the service of cloud storage and will kill all competitors  .

[cabbarlana]

The $ 1 price level for Sia is far too far. Sia seemed to be in good shape last year in June. Later he suffered a great decline. The restoration will be this year.

[malibubaby]

The $ 1 price level for Sia is far too far. Sia seemed to be in good shape last year in June. Later he suffered a great decline. The restoration will be this year.

$1 for Sia needs more years to achieve, they have so much coins supply.

[Yuuto]

Some of the experts are saying that Siacoin will hit $1 this year.

Is it possible with 32 billion circulating supply?

I want to stock it up.

Nope... The all time high previously was around 0.07 USD only. You'd be looking at a 15x gain if you want it to be $1, from the previous all time high. It would have to be some Verge level stuff if that happens.

I wouldn't put money on it. Siacoin usually gets hyped and then very quickly the hype dies off and price regresses to around $0.01 or so.

Right now SC is bearish and it should continue to be that way for a few months to come, and even in the best case scenario I really do not see Sia breaking half a dollar, since that would mean it would have a 16 billion market cap, which is crazy.