The point I was trying to make in this video was that compared to ventures like Bitcoin, it's slightly easier to ascertain whether or not Siacoin will succeed because there's already an existing industry geared around storage where you have the likes of Apple and Google.
SC has a market cap of more than $100 million. Does the current number of users justify that price? Not in my opinion, no. So in that sense, I happen to personally believe it's overvalued. And as an investor you don't want to purchase something that's overvalued.