Whenever you attract as many people to use sia for renting, you will definately also attract a few collectors and investors, that buy and hold, which will lead to an increase in value of sia.
Yes, but this is in the beginning and short term. Everything I'm talking about is long term. And long term, all the mining alts are going to
h e double hockey sticks. Sia has potential not to.
To think that sia initially will gain alot attention among people not comming from the coin-community (miners, traders) early on is very unlikely.
It is extremely unlikely early on. This is one of the biggest hurdles for any altcoin. But what altcoin other than Sia has a non delusional
chance other than Sia? I can only think of a few.
So siacoin beeing successful is a precondition for siafunds to be successful.
Yes and no. Yes Siacoin has to be successful because Siacoin is Sia. No is your definition of successful which is typical miners
dumping to exchanges in an altcoin pyramid scheme that goes on until investors are so sick of crypto including bitcoin that
they tanked the market and left it with a sour taste in their mouths never to come back again for the past year. And maybe
we'll never get them back.
Crypto is a hard sell to Joe Public. It solves a problem he doesn't have. It will probably take 10 years
for the best few cryptos to hit it big. I like Sia because its does solve Joe Public's and Eddie Enterprise's problems. They both need
storage and always will and if it works why wouldn't they use the cheapest, most reliable and most secure option even if it means having
to learn crypto culture. Or a service built on top of Sia can figure a way that they'll never deal with the crypto aspect.
