There are currently 4 way to be part of the sia adventure. In this post I'm going to tell you which ones will give you the biggest profits. They all have one thing in common - they are concentrated around the siacoin.
1. Mine siacoins
You can mine siacoins relatively easy with a GPU or asic. The big problem here is the coming of the obelisks in 2018, that will dramatically increase the difficulty of the whole network, making profits somewhat harder to forecast. If you allready have an obelisk, are you then home-free? not really, the difficulty will still increase and turning your expensive electricity into only a few siacoins. The whole mining is going to be risky business.
2. Buy siacoins
Buy the coins with cool cash on an exchange. This way you are exposed to the technology right away without further gimmicks. You will then be the holder of sia, and can only hope they will increase in value.
3. Buy sia funds
Sia Funds will give you a certain percentage of the total transactions. There are only 10000 Sia Funds available, where the 8000 are reserved by Nebulus. Problem with Sia funds, is the supply is so low now, that the price is not fair.
4. Host files
A lot of people are hosting sia files with their spare harddrives. The problem here is that no matter what, you will never get more than $2-7 pr. TB pr. month. Even if the price of siacoins explodes to $1.00 you will still get the equivalent of $2-7 pr. TB/Month. So this is the worst idea to invest in sia as of right now.
My recomendation is clearly #2. If you buy yourself some siacoins right away, you are immediately exposed to the coming boom in decentralized cloud storage. When the price climbs due to demand, you will win. The people that host on the network will not find, because there will always be a ceiling of how much they can charge. Amazon/google/facebook/others are setting this ceiling, and its only getting lower and lower.
$10 Free worth of Eth tokens!! https://goo.gl/9uD4Tn Authorship ICO you will receive 75 ATS tokens! just need an Eth Wallet!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Don'y invest in it.. it's not a coin for speculants. and not for holders. since it's creators want it to be stable and cheap. I regret getting into it, but I hold non-the-less 'cause I know its not going away anytime soon (serious company, product etc). but don't get flashed by it's low price. with this number of coins very unlikely it will reach 50 cent in my opinion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am aware of the developers mission to get a stable price, this seems very naive in my mind. They cannot control the price at all. They want the price to be stable, because the hosting prices are not dynamic relatively to fiat currency. This meens that one month 750 siacoins might be fair, the next month that might be hella expensive. They should instead try to fix this issue with dynamic pricing.
Also when the world opens their eyes for decentralized storage, there is no way to hold the price down. It will go to $1.00 in no time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well, if You want to invest in a coin for mid or even long term You have to take the community into account, and in this case the community is being hesitant because of this decision, which makes it hard for speculants to join.
And at this point, it's still a speculants' game. I don't disagree. it might reach 1$, since its competing on a multi-trillion dollar market cap, but lets be realistic - it will not replace amazon tomorrow - and for a long term investment I can think of few much more promising ones.
But hell, I'm holding some, trust me, I'm the first to love seeing it skyrocket!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting post about what can only be described as a 'minnow' crypto. I must admit I love the idea of distributed storage and I really believe the Dev team is tops..... but the number of tokens and the fact that the storage price is fixed makes it a fair guess that SIA is not going to go much past a few cents.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Supply and demand also works here. Sia can theoretically go to $10 USD.... then you will just pay for storage with mili Siacoins. However, you will never get more than $2-7USD for your allocated harddrive space. So my point is to hold the coin, and hope for a a bigger demand in the coming years.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @dreamer81! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @dreamer81! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit