Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
abbaw
on 04/07/2017, 06:01:12 UTC
A bottom being set?

Greets Hank
The only true bottom is 0. Bottom for this week looks like 462 and for next week 405 if no good news comes out.

It's always been a quality project, but now is a Super Bubble:

(a) 35,000 contracts storing 185 TB (a pittance) valued at $350 million

(b) "taking on Amazon" as if Amazon is completely unaware of the modern tech

(c) solution = more shiny objects, SpaceX type program to launch 1st satellite in 2020  Cheesy

185 TB is a pittance as said earlier. I see that Burst has about almost 100 Tb staked in their ecosystem. I believe there is plenty of upside for SIA.