Siacoin is hard to tell. If you just look at the graphs one would say it is quite undervalued, compared to a former price of 0.02$/coin. Now it is <0.004$ again but doesn't show any signs of recovery. I guess the hype is over. It was absurdly overpumped and will not move anywhere for a whole while in my opinion, especially when Filecoin as a competitor is extremely over-hyped atm. Also Storj as a competitor tanked really hard. The Chinese panic doesn't make things easier for a Chinese coin as well.
Chances are, you may never get it cheaper again when the dust settles and new money flows into the market in 3 months. But there is also a solid chance that maybe Siacoin never gets any traction ever again.
Topic: Future of SiaCoin - page 4. (Read 3887 times)
Siacoin is the project of Nebulous. Nebulous and other early backers control another coin called SiaFunds. Fees from generating contracts on the Sia network accrue to holders of SiaFunds, not Siacoin. We prefer to hold coins where the value from the network or service accrues to the coin holders, not just insiders.
FileCoin is a good competitor for SiaCoin.
Especially with some Miners that are build only for mining SIA, the Volume will increase dramatically over the next few month - just my humble opinion
Looks like the coin is just going to keep tanking in value, its severely under performing compared to other crypto.
As saw there is a huge marketing for SiaCoin(SC) in social media what do u think guys is for long term or its gona be another onecoin.
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