what is sia coin ? :

from managingyourfinance :

»Siacoin is a cryptocurrency and technology (Sia) that was innovated at MIT at a hackathon in 2013 by David Vorick and Luke Champine of Nebulous Inc, a VC-funded startup in Boston.

You might have heard about Amazon and Dropbox. They are both centralize cloud storage platform and the data is stored on a third party server. Conversely, Sia is a decentralized remote cloud storage that put control of personal data back into the hands of its users.

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Why ethereum will reach a new all time high price the next month ?

It removes the centralized server, which reduces the storage costs and at the same time protects the user’s data privacy. A group of data is contained by keys that only the uploader holds. Sia put the users in the control, rather than the server itself. »

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Now why i think that this coin will start an uptrend movement ? :

1-Sia coin was traded between between 0.000245 USD and 0.000760 USD usd before the month of june 2017 .

In june we have see a a huge surge in the price of Siacoin, the price has passed from 0.000760 USD to reach a new all time high price in 20/06/2017 at 0.021 USD ,but with the crash of the price of btc in July the price has return back to 0.0078 USD.

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This image is from coinmarketcap

Now as you see in the picture siacoin has started a new uptrend movement, and this uptrend movement is not a Buble, because there is a major update from the team behind the Siacoin project in septembre, this update will bring this new features for the sia project :

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Simple file sharing – share file with others Sia user’s .

Form file contracts in 5 minutes instead of 60 minutes .

Enable the wallet to unlock at startup without user intervention (advanced, less secure feature, primary for hosts ) .

Support for partial dowland’s – dowland only a fragement of a file and dowland fragments in any user-chosen order .

Ability to recover files from an oudated backup of the renter directory .

UX improvements to allowance .

Overhauled UI .

This information was Published by Trello .

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2-Sia coin is is not just a shitecoin, this coin was created in 2016, this project is based on a real project that aims to allow for people to have the control on their file on cloud storage without the need to use a third party like google cloud storage or amazon cloud storage.

Read also :

Bitcoin in a move to reach a new record at 5000 usd ?

The levels in wich you can buy Sia coin across global exchange service like poloniex, bittrex, and kraken are 0.0000150 BTC to 0.00000160 BTC take profit between 0.00000190 BTC to 0.00000210 BTC .

If you have any other opinion please share it with us .

warning : before you invest into a crypto curency or an investment programme make your own reasrch, we are not responsable for your loses .

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