Actual price x5 is still cheap for SIA users


I think we can go higher than this

How far this calculation will work because there are many whales who are holding a lot of SIA coins. Right now the price of SIA coin is very low and what are the chances that the price of SIA will increase.
Sorry, my English is not good.
I have a question.
Now, we have to storage 2000 Sia Coins to get storage. But what if the price of Sia increase to 1$ per coin , then it seems expensive, who will use the Sia to storage?
The storage pricing is totally independent of the market value of the coin. As a decentralized network, is each independent host who decides the pricing, and most of us are targeting always at the $1-2/Tb pricing. The value of Sia coin is increasing, so accordingly we are progressively reducing our pricing. Only competent hosts are selected when a file contract is formed, and as pricing is the main component of the score, it is ensured that only cheap hosts will be selected.
Right now, as the market value has been extremely volatile in the last month, several hosts are still adjusting the pricing, so right now the average hosting price is something about $5/Tb, but probably it will be reduced in the next days when the market value stabilizes and hosts adjusts the pricing accordingly.
I don't think you need that 2000SC minimum to rent. There is a 2000SC minimum to host (as a collateral budget), but a renter can make a small allowance if he only wants to rent a few Mb or Gb. The real minimum for renting is probably something like 50SC