Post
Topic
Board Announcements (Altcoins)
Re: Sia: Siacoin (scn) and Siastock (stk)
by
Taek
on 09/06/2014, 13:31:49 UTC
way overpriced

Would you like to justify that? Right now Siastock has a market cap somewhere around $2m, which is in the top 30 coins. But Sia easily has enough potential to overtake all of the trivial coins, which would put its cap above $10m. But the potential here is a lot bigger than that. We're storage in a coin, and we do the storage part better than MaidSAFE, which has a much higher price than Sia.

The only reason that Sia is not worth substantial more is that the coin is not complete yet. But we're very close to having an alpha that people will be able to play around with. I reckon we can have an alpha out by July 1st with file storage (not done), proof-of-storage (mostly done), wallet transactions (mostly done), script wallets (done - at least done as far as alpha goes), and quorum based byzantine consensus (done for a while).