Why I like Siacoin......steemCreated with Sketch.

in cryptocurrency •  7 years ago  (edited)

Siacoin is a decentralized cloud technology based on a block chain.

I like it's pricing- I love steem but also find certain 'penny cryptos' to be very enticing. There is a psychology to price per share or coin.

IMHO if you get in somewhere before $.03 you can experience significant growth- that can of course be adjusted upward or downward but I feel it's a reasonable estimated launchpad- particularly when you consider human behavior- when instead of buying 1/10th of a cent you start upping the anti one cent at a time- does that tendency cement at .03 for Sia? Perhaps not but that's my aggressive guess.

The two things I like the most about Siocoin are it's market capitalization relative to it's value pricing. And it's solid upward growth- sure it takes dips but I see a nice pattern forming that shows nice gains every few days- and the frequency appears to be increasing.

Definitely a highly speculative coin BUT I've put a little money where my mouth is and it's paid off handsomely- part of that was Sio growth.

Discern for yourself- do your own research and follow your gut- I just wanted to avail this info to you.

In the end I love Steem above all because this blockchain will be the one that is the tip of the spear in changing this world but in the mean time I also like having fun watching Siocoin numbers.

I like these charts- I see strength and growth in them- I especially like the repeat I see in the one month- and increased frequency- signals nice growth to me and at an increasing rate-your take?

Oh and Steem and Siacoin are neck in neck in market cap,

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Have you actually used siacoin yet? I am thinking of starting a little pilot project to find out myself. If it works as advertised, the potential is enormous.

still trying to complete the wallet upload- after 1 week almost completed : (

Thanks for info.

My pleasure- thank you for commenting.

yes I also like it. I have upvoted and followed you please follow me 🔙.

I also very like Siacoin, I think it's a future to store the data as you know the data is very important, what's happening if aws s3 down an hour?

Great post , I have some Sia and also Maidsafe which I believe is a similar concept , I like your logic about "penny cryptos" any others you have your eye on?