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SiaCoin Price Prediction: Should You Invest In SC?

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SiaCoin price prediction

Some SiaCoin price prediction made earlier this year claimed that SC will hit $1 by the year’s end. At this point, this seems very unlikely. However, it is not impossible for such growth to occur at some point in 2019. The coin itself has a lot of potential on its own, as it seems to be rather immune to high rates of volatility.

SiaCoin (SC) is one of a few altcoins that have attracted a lot of attention throughout 2018. This is a project that aims to create a decentralized cloud storage services platform. In fact, many are already calling it the Airbnb of cloud storage.

Simply put, the project allows users to rent the unused hardware space to other users. Those who require additional storage can use this space to store their data on other people’s computers. Of course, all of this is done under heavy encryption that can ensure that the stored files remain safe and private. Only the person who uploaded the files can access them in their entirety, and decrypt them.

While the network has been developing for a while now, it still doesn’t offer numerous different features that users got used to on Google Drive, Dropbox, and similar services. However, the project continues to grow and develop, while at the same time, it continues to gain more and more supporters.

The ability to store files on a cloud service has grown to be of great importance on the modern-day internet. However, when using centralized services such as Google Drive, users can never be completely sure that their information is truly safe. This is why this project is so popular, and why many are hoping to see it achieve its full potential as soon as possible.

SiaCoin price prediction

Considering how much potential this project has, a lot of people are interested in how this will reflect on SC’s price. Many investors are interested in the coin, as well as in this project in general, which is why Siacoin price predictions are in great demand.

At the time of writing, SiaCoin’s price is at $0.006482, and the coin has experienced a drop of 0.11% in the last 24 hours. While this is a very low price at the moment, it is also seen by many as an opportunity to get a lot of SC coins for cheap.

SiaCoin achieved its highest price yet in January when it managed to almost reach $0.10. However, at that point, the coin was still new, and barely known to a small group of investors. Since then, the project received a lot more attention and support, and its community grew exponentially. Unfortunately, most of its development occurred throughout 2018, which was bearish for most of its length, so the coin never got an opportunity to properly grow.

Ever since the price drop in January, SC has only had one large spike in May. Other than that, the coin has been very stable, with only the slightest price shifts.

Other price predictions aim further into the future, making different assumptions for the years 2020, 2023, and alike. However, these predictions are not reliable due to several factors. For example, the entire market needs to be considered, instead of making calculations based on a single coin’s potential. This year has been proof of that, with all coins going up or down together.

Apart from that, the crypto space remains unstable and unregulated, and it cannot be expected that it will follow any schedule. The most realistic predictions see SiaCoin reaching the value of $0.0137 to $0.025 in 2019. In case of a proper bull run, its value might easily surpass these expectations. If not, this is what most experts agree on.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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GDA Capital in Conversation About the Future of Digital Assets at Global Family Office Summit

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GDA Capital organized the quarterly Global Family Office Summit this week. The event was held virtually with a number of technology leaders and high net worth investors who discussed issues such as education, trust and responsibility to give back. Among these were insightful conversations with Dubai-based Dalma Capital’s CEO Zachari Cefaratti, Holt Fintech Accelerator founder Brendan Hold Dunn, Global Data Sentinel CEO and White City Ventures Chairman of the Board Shahal Khan, and Elitium CEO Raoul Milhado, among others. Participants were also given access to off-market opportunities to invest in novel technologies.

Will Bartlett, GDA Capital’s Director of Research, headlined the event by focusing on tech in the modern economy, and identifying six sectors where new technologies can make a lasting impact: robotics, space, biotech, machine learning, quantum computing, and blockchain. In the context of blockchain, he discussed how digital assets are a hedge against traditional financial markets. “Cryptocurrencies have no exposure to stock market returns, macroeconomic factors, or returns of currencies and commodities,” Bartlett said.

More so, Bartlett believes that new models for digital assets such as DigitalBits’ branded stablecoins are key to the development of the field. These currencies replace traditional rewards and loyalty point systems that are commonly used by household brands by porting them to the blockchain. Meanwhile, they rely on brand…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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