Hello Steemers.
I have been researching coins for several months now and I have been keeping an eye on Siacoin which looks set to increase in value TODAY!
What is Siacoin?
Siacoin is a decentralized private cloud. Basically you can use them as a private cloud server that is much cheaper than mainstream Cloud services. You can find more information here http://sia.tech/
Over the past few months it has been steadily increasing, and has been a pretty solid investment to holders. Now as you know Cryptocurrency as a whole tends to increase or decrease based on news. Well a new Antminer like technology will be announced later today called Obelisk! Which ultimately means that a lot of people will be taking a look at Siacoin as a potential investment, and buying in, causing the price to rise.
The price right now is only around 2 cents each, so you can buy a lot of coins with very little cash. I seriously recommend putting some cash into Siacoin right now as it seems very likely that the price will rise. Keep in mind I will never recommend a coin or service without putting my money where my mouth is. Meaning I have just spent a few hundred on Siacoin myself.
I see Siacoin having some serious potential as there aren't many coins like it at the moment. Also I think its important to have a coin that does something unique hence the cloud service. So I would recommend holding some Sia for the long-term but a short-term day trade is also an option.
Keep in mind that with the price so cheap .02 cents you can buy 10K coins for around 200$; also the utility gives the coin a good chance to rise to the dollar level, meaning you could make a small fortune for little money down. I will take that chance every day of the week.