/biz/ - Business & Finance

[Anonymous No.5098531]

Currently, public cloud storage is approx. 465 exabytes worldwide.

The Siacoin network currently hosts 3300 terabytes, which is 0.0033 exabytes: https://siastats.info/hosts_network.html

Suppose that eventually, Siacoin captures 30% of the marketshare, which would be 465 * 0.30 = 140 exabytes.

In order for Sia to do this, the supply of Sia storage must increase by 165 / 0.0033 = 42,000 times. If we assume that the demand for this storage will go up proportionally to the supply, the demand for Siacoin must also increase by 42,000 times.

Of course, Siacoin supply will also go up as more people mine it. In 10 years, Siacoin supply will be roughly double what it is today: https://siastats.info/hosts_network.html

So let's suppose that the supply of Siacoin doubles, so therefore the demand goes up by 42,000/2 = 21,000 times.

If price rises in proportion to demand....

[Anonymous No.5098721]

COPE

[Anonymous No.5098766]

>>5098531
buy my bags the thread...

[Anonymous No.5098828]

>>5098531

>Capture 30% of a multibillion market

You really are fucking retarded sometimes anon.

[Anonymous No.5098873]

>>5098828
Then suppose a mere 1% marketshare. You cut my numbers by 30.

That's 21000 / 30 = 700 times.

[Anonymous No.5099375]

Sia is a great long-term moon dream, dirt cheap and some of the best autist devs in crypto

[Anonymous No.5099848]

>>5098873

>Mere 1% of a global multibillion dollar market

I'm going to go out on a limb here and say you've never started a business, or worked in any strategic business development role have you?

[Anonymous No.5099912]

Who here remembers that one retard bragging about being a millionaire on Reddit because he had $1,000,000 in SIA

He told everyone he wouldn't sell it

It fucking crashed on him. What a retard