How do you guys feel about Siacoin? Is it a good time to be buying into to it?
Siacoin is probably the most useless coin currently out there, why would you buy into a coin that allows you to host stuff in the cloud?
My man, use dropbox it's free.
Trust me when I say, in a years time, Siacoin will be worth 1/10th of what it is now.
~ Lucas
p.s if you want to host a shit load more that dropbox allows you for free, then yes buy some siacoins, its not an investment, its like buying gas for your car. You pay to use their hosting service.
First, Dropbox isn't decentralized.
Second, Dropbox is susceptible to hackers because the data is held by a single entity.
Third, Dropbox only gives you a small amount of storage for free and they charge you for plans.
Fourth, assuming you need to store more data than 2GB on the cloud then Sia is hands-down the cheaper option.
Disclaimer, Dropbox is a fantastic tool. I use it for some personal as well as professional purposes. While its more expensive at the moment, I would prefer to utilize Dropbox over Sia at the moment because I'm more familiar with it. I do appreciate the fact that Sia is a working product, I believe in it and I think its the future. Its just so new and its hard to break ones habit when they are accustomed to using one thing for so long.