Post
Topic
Board Altcoin Discussion
Re: Alt coins worth buying
by
tevayo
on 30/10/2017, 22:28:40 UTC
I've been reading through this forums for the past few weeks and all I see is "this coin is dead" or "everything is a shit coin". Is there any alt coin with potential to invest in or is it only bitcoin? I don't mean like a few here and there, I mean over 100 coins.
I think you should invest in sia coinsSiacoin is currently ranked in the Top 40 of all coins based on the market cap of slightly above $200 million dollars.There are about 28 billion Siacoins in circulation and it will hit the cap of over 40 billion soon enough.It has value because it’s one of the few cryptos that has a real product.  It provides a decentralized storage space, that should be quite safe from hackers, compared to mainstream cloud services. It will probably compete with cloud storages offered by Amazon S3, Microsoft Dropbox and Google Drive, at a cheaper price. The price will be determined by market forces (you and me).Imagine paying so much lesser for cloud storage. That’s what Siacoin wishes to achieve.Basically, you need to have at least 2,000 Siacoins to use the service and you can also rent out storage space to others for a fee. Since the storage and the amount of coins in the market is limited, I predict that the value should go up further.