alexgrama

SCBTC - long term prediction

Long
POLONIEX:SCBTC   Siacoin / Bitcoin
SC is definitely on an uptrend, here is my prediction on the long term.

Given the heavy resistance that SC has ahead it will most likely bounce back and forth. If you are looking for a certain value in order pull your profits check the timeline of the prediction. If you are in for a long shot here are some other information regarding SC.

SC is associated to cloud storage that is in direct competition with Amazon. Given that the price of SIA service is 10 times less than Amazon, we could look at SC to easily go up at least another 300-500% before beginning to become a problem in regard of pricing for the service.
SIA service was initially developed at a hackathon in MIT and was regarded and still is THE NEXT BIG THING.
So, whatever the kind of player you might be, think twice when you decide to collect your profit or to limit loss, because on the long run SC might be that thing that everybody would have wished to be in now.

Best of luck and decide for yourself, all information presented here has its sole purpose to propose a course of action with the information available at present time.
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