Anyone holding this? The most recent news I can find about it is from April about Storj Labs announcing a partnership with Microsoft Azure for their beta test. It has a much lower market cap than Sia so it seems to have growth potential, but the dev team doesn't really seem to be doing anything with it. Should I sell and put my money into Sia?
Lead dev left https://www.reddit.com/r/storj/comments/6llxpn/so_long_friends/?st=j4vxeiwp&sh=50e79284
"I have faith in the Storj project and engineering team to deliver what is promised as it relates to the project. I have no faith in the remaining leadership at Storj to deliver on any promises, ICO related or otherwise."
>>2737537
Didn't their lead engineer just recently resign?
storj is dead, Siacoin is the best bet for this shit hands down.
All the fud you see on here about sia is just impatient autists being autists
>>2737551
Wow. Shit.
>>2737537
Go on the STORJ community chat you dumb shit
This coin is good, and SIA sucks balls in comparison
>>2737537
The storj token holds literally 0 value
They accept fiat, BTC and storj as payment for renting. Imagine you're a business. You will pay in fiat. Let's say you don't hold fiat, you'd pay in BTC. Storj is literally the worst way to pay because you will have to buy BTC then change into storj. It's inefficient.
The price for renting is the same across all 3 payment options. I went in the slack to ask about this mad business model and they said "speculation gives it value". I asked further and they got really pissy
Storj as a token is a bad investment. Storj the company may be good
no way. Siacoin all the way.
>>2737659
not an argument
>>2737696
What's the point of having a coin if you can get storage fiat?
>speculation gives it value
So not utilization? That's kinda a bad business model.