Topic: SIACOIN - BASIC AND TECHNICAL ANALYSIS (Read 40 times)
This post is quite informative about Siacoin. They really make things easy for cloud storage market.
Currently, more than 2 petabytes of data storage space is available on the SIACOIN network, and only 2 percent of them are used. That is, a lot of people are renting out free space on their computer, but so far very few people buy it. If the project developers will establish cooperation with some large company, and as a result, the free space will quickly disappear, then the demand for this service will quickly jump. At the same time, the SIACOIN rate will significantly increase, because more people will start buying coins to pay for memory to store their data. This is one of the aspects that make up the potential of SIACOIN.
Siacoin, one of the stable currencies of the crypto monetary world, comes as a decentralized cloud storage platform with blockchain infrastructure. The platform has set out to change the cloud storage concept completely.
The SIA storage platform has developed a data storage market that uses less of the hard disk space.
Let's take a short look at siacoin's features.
It's completely confidential. The SIA platform encrypts your files first, then distributes them to a decentralized network. You personally control your private data, encrypted keys and personal data. Unlike traditional cloud storage platforms, an external company or a third party cannot absolutely access or control your files.
Lower cost. Sia's decentralized cloud storage system costs 90% less than its marketleading cloud storage platforms. For example, on the Amazon S3 platform, if you want to store 1 TB of your files for 1 month, you have to pay $ 23. In Sia, this fee is only $ 2.
The distribution of large files. Sia distributes large files to nodes around the world and stores the files in these nodes. Therefore, it eliminates the possibility of trouble at a single point and offers a service that can compete with the service offered by traditional cloud storage platforms.
Open sourced, leader software engineers contribute to completely open sourced Sia software. Team of ambitious developers is developing innovative applications in the Sia API.
Blockchain based market, Sia’s blockchain based market brings together persons who provide storage service to users. In the competitive environment users pay possible lowest price. Renters pay with Siacoin. Siacoins are also can be mined and traded.
Where to buy?
Siacoin can be bought from Binance, Bittrex, Upbit, QBTC, Poloniex, LBank, OKEx, CoinEx, HitBTC, Bitbns and Bisq stock markets.
The main support trend started In January 2017 worked pretty well for 2 years. This support trend tested each time and in time it became a psychological point ( barrier mi leverage mi). Investors who thinks this point can’t be broken always carry price up with strong purchases whenever price line touches this trend. As the chart shows, in January 2017, 20 satoshi SC saw the value of 840 satoshi with a very strong response from this main trend. So the value increase of 4200%. Besides there is a strong resistance. The best part there is a perfect triangle contraction. Currently fully supported, SC is also at the best value for the purchase and offers a chance to buy. It seems to be a matter of time before the Triangle is broken hard and the 80-100 satoshi values rise again to 800 satoshi values.
Source: https://coin-turk.com/siacoin-nedir-nereden-alinir
The SIA storage platform has developed a data storage market that uses less of the hard disk space.
Let's take a short look at siacoin's features.
It's completely confidential. The SIA platform encrypts your files first, then distributes them to a decentralized network. You personally control your private data, encrypted keys and personal data. Unlike traditional cloud storage platforms, an external company or a third party cannot absolutely access or control your files.
Lower cost. Sia's decentralized cloud storage system costs 90% less than its marketleading cloud storage platforms. For example, on the Amazon S3 platform, if you want to store 1 TB of your files for 1 month, you have to pay $ 23. In Sia, this fee is only $ 2.
The distribution of large files. Sia distributes large files to nodes around the world and stores the files in these nodes. Therefore, it eliminates the possibility of trouble at a single point and offers a service that can compete with the service offered by traditional cloud storage platforms.
Open sourced, leader software engineers contribute to completely open sourced Sia software. Team of ambitious developers is developing innovative applications in the Sia API.
Blockchain based market, Sia’s blockchain based market brings together persons who provide storage service to users. In the competitive environment users pay possible lowest price. Renters pay with Siacoin. Siacoins are also can be mined and traded.
Where to buy?
Siacoin can be bought from Binance, Bittrex, Upbit, QBTC, Poloniex, LBank, OKEx, CoinEx, HitBTC, Bitbns and Bisq stock markets.
The main support trend started In January 2017 worked pretty well for 2 years. This support trend tested each time and in time it became a psychological point ( barrier mi leverage mi). Investors who thinks this point can’t be broken always carry price up with strong purchases whenever price line touches this trend. As the chart shows, in January 2017, 20 satoshi SC saw the value of 840 satoshi with a very strong response from this main trend. So the value increase of 4200%. Besides there is a strong resistance. The best part there is a perfect triangle contraction. Currently fully supported, SC is also at the best value for the purchase and offers a chance to buy. It seems to be a matter of time before the Triangle is broken hard and the 80-100 satoshi values rise again to 800 satoshi values.
Source: https://coin-turk.com/siacoin-nedir-nereden-alinir
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