Quote from: MrSunshine on March 22, 2017, 06:47:53 PM

Quote from: Bushuqa on March 22, 2017, 05:53:02 PM

i bought at 62(did not even know about this thread) not very happy now but i have a question:
where do you think siacoin could be in 1-3 years?
Could we expect a 10.000 X or maybe just a 2-10x type of increase?
Many people complain about the ICO 24B is this something that will stop it from reaching prices over 1$-10$ like the big coins, or that could be possible?

What i am asking is: could such a coin ever be 10-100$ or do you find that unlikely?

Thanks

Of course it could. Sia is basically looking to be a cheaper, robust, and much more secure version of the Amazon Cloud, dropbox, icloud etc, and maybe eventually your cloud DVR. It is very early in it's life and still very much in development. But if it succeeds I would expect the coins to be much more valuable. By getting in now, you are basically getting in at the angel investor stage. What I like to compare is market cap. If it reaches 1$ a coin it has a $22 Billion market cap. That is about the market cap of SNAP today. And if Youtube decides to use them for back-end storage, hold on for the ride of your life. If it becomes the worlds default storage option I couldn't even imagine what price it would be. Yet this is what they are building for.

This is very true