Why the Google backed data storage platform Storjxcoin is the next big thing?
We all know that today is a great day, we reached 100Billion total cryptocurrency market cap, its a a day to remember. We all know what happened this week in the cryptocurrency world. Yes, its Storjxcoin and here why this is the next hit.
Firstly, watch this video from their website, its an introduction to the technology for those he don't know about it already:
Endorsement from the star of our world, Yes its no one other than the ceo of Ethereum
On top of that, CNBC news coverage on June 4th just two days ago
Who is backing Storjxcoin you say? Here a quote from an article on coindesk (Link below)
Do you see whats happening? I know I do.
Revolutionary you say? Maybe, but there is another shark in the tank...
We just witnessed Siacoins growth after reaching what investors hoped for to reach after hitting past 1 cent
Ok heres Storjcoins activity past month and 7 days
Storjcoin as well has grown no doubt which brings me to Siacoin again. Look at Siacoins market cap today, currently sitting at 409million while Storjcoin is sitting at ONLY 67million. Do you see what I am seeing?
Ok, you want more reasons? Lets break down what we are currently paying for data storage from the big giants like Google, Amazon and Microsoft.
Look at how much we are paying these tech giants for data storage all over the world...
Heres Storjxcoins fee:
I know what I am seeing in this coin and I hope you do too, thank you for your time!
Share your thoughts and opinions, I would love to hear them, we are here to learn and only with spreading knowledge we can all achieve what we want together.
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CNBC article: http://www.cnbc.com/2017/06/04/bitcoin-and-ethereum-rallies-have-led-to-funds-like-for-storj-ico.html
Siacoin market cap: https://coinmarketcap.com/currencies/siacoin/
StorjXcoin market cap: https://coinmarketcap.com/assets/storjcoin-x/
Google &Qualcomm backing article: http://www.coindesk.com/blockchain-startup-storj-targets-enterprise-cloud-3-million-raise/
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Actually, StorjXcoin and Siacoin charge the same fees for a TB of storage or bandwidth... Both amount to $10 per TB of storage or $5 per TB bandwidth.
Also, these two cryptocurrencies are probably the 2 most prominent storage coins out there, Siacoin already has established it's name, how do you think Storjxcoin can compete with Siacoin?
Siacoin has made it this far without the backing of any our worlds tech giants, that means it is directly competing with Google, Amazon, and Microsoft. Since Storjxcoin has the backing of Google then I feel it gives it the edge and shows that Google realizes that this is the future of data storage which is why they are backing them. Another advantage Storjxcoin has is that you can rent out the storage space that you dont use up to other people which is pretty interesting
I support Storj since beta phase B and yes, you amphasis important element and i share your optimism! Concerning sia, the competitor, i ask if anyone have made research on minebox, a Specific NAS for participating in sia network out of the box. And if you have heard something quite similar for Storj. It's will become important to offer out of the box product for newbies in crypto and spread the tech which need new comer for scale effect if it's will offer all this feature and security.
I think Saicoin is going to inflate because of recent talk and the companys sheer comitment
Interesting post. I was about to post a similair thread. It always surprises me how people still sell when a crypto goes down. I mean just invest in solid coins and skip the shady ones. Crypto is here to stay. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). I really advice people to take a look at: https://www.coincheckup.com It's a great site that gives in depth research on every tradable cryto in the market.