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RE: STORJ Target $6.65 (172% Profit Potential!!)

in #bitcoin7 years ago (edited)

@j412i I think it depends on the particular coin we are talking about. Definitely have to keep the underlying fundamentals (actual product) in mind, especially when comparing to competitors like SIA. Both could see price growth given the growth potential for the crypto market cap, presumably with decentralized storage representing a notable portion of that potential future growth. The cup and handle pattern looks to me like a consolidation/accumulation, might be what STORJ needs to get "unstuck"... we shall see

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I agree that it depends. I should have clarified that I was specifically talking about STORJ, which I followed for the last 2-3 months and ultimately decided to put my money on SIA. And you're right. We shall see. Maybe both will benefit as people become increasingly aware of alternatives to server based data storage.

I've always been a fan of diversification myself