OmiseGO (OMG) vs Siacoin (SC) Comparison

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On this page, you can compare OmiseGO (OMG) with Siacoin (SC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

3.0 / 5 3 user reviews 4.3 / 5 3 user reviews

Cryptogeek rating

2.8 / 5 4.0 / 5

Trust Score

How it works
3.51 / 5 4.18 / 5

About

OmiseGO is currently based on cryptocurrency Ethereum protocol. You can check OmiseGO's market cap and volume on widget of our partner. Also you can see the latest OMG price on Cryptogeek.info. You can leave your feedback and reviews about OmiseGO cryptocurrency here.
Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading. 

Type

token coin

Founding Date

2017 2015

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.6356 0.0070

All-time high (USD)

28.3500 0.1117

Price change (24h)

2.14 -1.16

Volume (24h)

2809912.54035 3317572.77542

Hashrate

No data 7110000

Max Supply

140245398.00000 No data

Total supply

No data No data

Circulating Supply

140245398.24513 57014745000.00000

Transaction speed / Block time

2700 7

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

No data Blake2b

Proof type

No data PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

No data 33098296530.00000

Is trading

No data yes

Block reward

No data 31301.000000000000

Block time

No data 600
Company
User rating User rating 3.0 / 5 3 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 2.8 / 5 Cryptogeek rating 4.0 / 5
Trust Score How it works Trust Score 3.51 / 5 Trust Score 4.18 / 5
About
OmiseGO is currently based on cryptocurrency Ethereum protocol. You can check OmiseGO's market cap and volume on widget of our partner. Also you can see the latest OMG price on Cryptogeek.info. You can leave your feedback and reviews about OmiseGO cryptocurrency here.
Siacoin is a utility token of the cloud storage platform called the Sia network. Sia is open-source and blockchain-based. The operations take place on Sia's own blockchain. The coin is used to pay for storage rent transactions. The coin is Proof-of-Work-based meaning that Siacoin can be mined. Another use for the coin is trading. 
Type Type token Type coin
Founding Date Founding Date 2017 Founding Date 2015
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.6356 Current price (USD) 0.0070
All-time high (USD) All-time high (USD) 28.3500 All-time high (USD) 0.1117
Price change (24h) Price change (24h) 2.14 Price change (24h) -1.16
Volume (24h) Volume (24h) 2809912.54035 Volume (24h) 3317572.77542
Hashrate Hashrate No data Hashrate 7110000
Max Supply Max Supply 140245398.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 140245398.24513 Circulating Supply 57014745000.00000
Transaction speed / Block time Transaction speed / Block time 2700 Transaction speed / Block time 7
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm No data Algorithm Blake2b
Proof type Proof type No data Proof type PoW
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined No data Total coins mined 33098296530.00000
Is trading Is trading No data Is trading yes
Block reward Block reward No data Block reward 31301.000000000000
Block time Block time No data Block time 600

Social

Website

omisego.network sia.tech

Twitter

@omise_go @Sia__Foundation
Website Website omisego.network Website sia.tech
Twitter Twitter @omise_go Twitter @Sia__Foundation

Advantages

Lots of large partners including banks Safe payments Catchy ticker Clean interface Allows you to rent file storage space Permits you to make money renting space to others

Disadvantages

Not backed Transactions could be faster The terminal can be tricky to use Not much information on security protocols

Rating

User rating User rating 3.0 / 5 3 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 2.8 / 5 Cryptogeek rating 4.0 / 5
Advantages Advantages Lots of large partners including banks Safe payments Catchy ticker Advantages Clean interface Allows you to rent file storage space Permits you to make money renting space to others
Disadvantages Disadvantages Not backed Transactions could be faster Disadvantages The terminal can be tricky to use Not much information on security protocols

OmiseGO (OMG) user rating is 3.0, based on 3 user reviews. Siacoin (SC) user rating is 4.3, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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OmiseGO (OMG) features

At the moment OmiseGO (OMG) price is 1.6356. Its 24h volume is 2,809,913.54035. 24h price change is 2.14.

OmiseGO (OMG) max supply is 140,245,398.0. The circulating supply is 140,245,398.24513.

OmiseGO (OMG) transaction speed/block time is 2700.

Mining profitability is low.

OmiseGO (OMG) Cryptogeek user rating is 3.0, based on 3 user reviews.

Siacoin (SC) features

Siacoin (SC) price is 0.7. Its 24h volume is 3,317,573.77542. 24h price change is -1.16.

The circulating supply is 57,014,745,000.0.

Siacoin (SC) hash rate is 7110000. Siacoin (SC) transaction speed/block time is 7. Block reward is 31,301.0.

At the moment the number of coins mined is 33,098,296,530.0. Mining profitability is low.

Siacoin (SC) Cryptogeek user rating is 4.3, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare OmiseGO (OMG) with Siacoin (SC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.