Any sign of Bitcoin rise going to stop any time soon?
I personally do not want to cash out my Sia. I truly believe in it, and will hold even if it ends up being worth nearly nothing.
At least I can turn my Sia into storage space...
I also love the project but there are so many competitors and even more of the coming. Filecoin, MaidSafe, Storj, etc. Honestly, I don't know which one will eventually survive.
I am going to have to write an article, because people seem worried about these "competitors".
Let me just do a quick summary, ok?
1. Filecoin does not exist and will not for 3 more frickin' years? Wow...have fun with that.
2. MaidSafe is trying to be too much at once. It is trying to do CPU sharing, storage sharing, and a few other things. The development is also ultra slow, and bogged down by office politics.
3. Storj is centralized, and basically dead. Filezilla integration was a last "hurrah". I looked at their code for that integration, it is not rocket science. All Sia needs is another Bounty for this integration and bam, suddenly in-your-face to thousands of employees and students.
Who else we have?
4. Shift - not a direct competitor. Interesting is they use IPFS, so this will allow for temporary, fast storage, but not better safety than Sia. I can see this actually complementing Sia.
I think that's it.
And Sia? Well it has everything going for it.
1. Proven technology
2. Agile development team
3. Strong community with great people to explain how things work
4. Truly decentralized
5. Network security in the coming months with Obelisk
6. Integrate-able with MANY services. Imagine if you see an integration for GitHub? Facebook? Google Drive? Holy...See you later, I'll be on Cloud 9 while the rest of these day traders are on Poloniex sweating their money away.