/biz/ - Business & Finance

>>12421027
Hello RLC BRAH you're a MANIAC

ALL IN here

Thanks just bought 100k

>>12421037
Based.
>>12421044
Checked.

>claims it's never shilled
>second shilled after LINK

a 1000x would be a 16 BILLION cap
just to drive our hotwheel cars?
dont insult our intelligence like that my nigga

>>12421068
>tfw I'm the only RLC shiller left
>>12421079
16 billion is fucking nothing and entirely possible given the market cap of cloud computing

>>12421027
>tfw you can mine coins by proxy; trusted, and securely with SGX
I don't think that's possible and if it was it'd be highly uneconomical vs regular mining
SGX is more for classified data you don't want the host to see

>>12421279
>completely misses the point
I'm not going to explain it in detail to you. You also cut out the PoCo part which is a huge part of it.

SGX + PoCo = secure, classified, and trustworthy computations.

There are people already making monero mining dapps. You will see them very soon.

>>12421027
Take note: This is how you DOMINATE a room.

>>12421446
Absolute patricians choice. The man is an absolute patrician chadlord. All hail Gilles Fedak.

>>12421514

I haventt been following RLC in a few months but always had my eye on his project. I think the success of dAPPS depends on how long it takes for iexec to take off with v3 and v4.

How much RLC do you need to be worth $10 million by lets say 2023?

>>12422143
about 15-30k

This shitcoin has sub 10 btc volume EVERY day. Enjoy your eternal bags of justing.

>>12422159
>This shitcoin has sub 10 btc volume EVERY day. Enjoy your eternal bags of justing.

Damn you really think RLC can run that high as far as marketcap? Well I hope your right I do think 2023 is realistic timeframe because v5 is slated to be released in 2021 so two more years beyond that to grow and expand.

>>12422143
yeah anywhere from 15-50k probably.
There's only 80m circulating.

>>12422176
The market is highly irrational and based on hype.
RLC gets random bursts of 3k+ volume and swings pretty hard every time. I think once v3-v4 come out and people start realizing the potential of dApps it'll find its true value.

Pajeet tier shilling.

Sad!

>>12422214

Hey man I appreciate your insight. I try and remain objective and I have always loved the iExec project I think we are really early.

I think the dAPP ecosystem has to catch up and I think its gonna take a while but I definitely see RLC killing it long term.

I would say once we see end of roadmap in 2021 and eth ecosystem really evolve and give us real projects that need scalabitilty we will rocket.

My best guess is 2022/2023 and this should explode as the demand catches up to the infrastructure that rlc will lay out.

>>12422258
>I think we are really early.
Same. That's why it doesn't really get much traction. People understand it's a good coin but they refuse to buy into it for some reason.
>I think the dAPP ecosystem has to catch up and I think its gonna take a while but I definitely see RLC killing it long term.
Agree. RLC is super interesting because of its ability to be malleable and isn't hindered by hardware.
>I would say once we see end of roadmap in 2021 and eth ecosystem really evolve and give us real projects that need scalabitilty we will rocket.
Definitely a high chance this happens. I see 2020-2022 being absolutely huge for RLC and crypto in general. I believe RLC will absolutely be around 400$ at some point.

Yea, it's just going to take some education for people to realize the true potential of this technology. I refuse to invest into any other rendering coin because the consensus of PoCo is probably the best iteration of a trustworthy system I've ever seen.

>>12422240
pajeet tier fud
sEe i cAn dO iT tOo

>>12422293

Are you worried about the tokenomics of RLC or do you think its too early for the team to worry about that?

Im assuming with PoCo that if you have to stake RLC i dont know for how long that will lock up a lot of the supply which should put upward pressure on price.

>>12422293
>I believe RLC will absolutely be around 400$ at some point.
Based retard

>>12422315
Nah. I think the tokenomics are fine for what iExec is, and I think they are going to come out with a great report on tokenomics somewhat soon to prove that RLC is a coin worth holding/using.

Yes you have to stake with PoCo.

>>12422328
>t. doesn't understand how large the cryptospace will be in 3 years
It's like not investing in a tech company at $0.19 because someone said they'll be worth 1200$ a share someday due to whatever arbitrary reasons, the fundamentals are still there.

>>12422214
No, it got pump and dumped which resulted in a one time occurance of high volume. It's dead.

>>12422629

People like you will never really get ahead in life because you are not willing to take risks on potentially game changing projects.

Can RLC fail? Sure it can but to pronounce it dead due to trading volume is a fucking joke.

Since when have traders ever made it long term in these markets. Its the people who find things that have fundamental value early on that become wealthy.

>>12422629
t. absolute retard
>>12422687
>comparing iExec to renderingcoins
kek
>>12422695
> Its the people who find things that have fundamental value early on that become wealthy.
yup

How can RLC compete with AWS and other cloud providers?

Please stop making the same thread every single day with no news.
If you think you're helping spread awareness, it's just a drop in the ocean. You're not convincing any big money to invest in it by spamming in this niche of the Internet. You're just wasting your time. Seriously, do something more productive with your time.

I'm going to shift some of my big losers I'm still holding into RLC, fuck it.

>>12423939
lower/zero upfront cost is a huge one.
lower prices of services than AWS most likely due to decentralization and open market features
decentralization = service is never lost (AWS lost service a few weeks ago, centralization fail)

>>12423942
No. I am making it every so often so if anyone on biz doesn't know what RLC is then they can learn quickly and realize it's a moonshot waiting to happen. If it helps even 1 neet to continue being a neet, then my job is done.

>>12423950
Smart move, i considered going 100% all in at these prices too

There's like almost zero volume for this thing. I was encouraged to get in at the low price it is at now but it's so bad it might get delisted.

How the fuck is decentralizing cloud computing a good idea? Centralized does it better and cheaper. It's impossible to compete. This is actually dumber than decentralized storage and that's already plenty dumb.

It's scary to think I almost put 1 BTC into this dumpster fire without checking out how dumb the idea is first. It's undoable. Even Chainlink seems plenty reasonable compared to this.

>>12424244
> zero volume for this thing
There's low volume, until there isn't.
A lot of good coins with good fundamentals have low volume. The market is hype based, and there isn't much hype right now surrounding most coins.
> it might get delisted.
This will never happen.

>How the fuck is decentralizing cloud computing a good idea
Because of the 3 reasons i posted above, and more that I don't feel like posting.

Centralized is NEVER cheaper. You're delusional to think that. Decentralization = zero upfront costs, zero maintenance costs, more stability, plus iExec is an open free market so prices will be competing not only with centralized services like AWS but also within its own market.

>he thinks decentralized storage is dumb
yikes

>muh buy link
link is okay but there's no need to hate on RLC like a complete retard without knowing what you're talking about. Nice digits though.

>>12424270
I'm interested in cloud computing, but can you explain what the token does specifically? Let's say a large company that needs some compute power decides to uses this decentralized network, would they need to pay the compute donors in the form of RLC? How exactly does the economics of this system work?

>>12424290
>what the token does specifically
The token will be used in many different ways. The heart and soul of iExec (the Proof of Contribution Algorithm) needs the token to work. It essentially is a consensus where people have to stake their RLC to prove that they provided the computation asked for.
>More about the PoCo algorithm:
The iExec Hub & Marketplace decentralization, security and confidence are ensured by the blockchain technology. All others agents are considered as potentially malicious. The design of PoCo’s oversight of all transactions between the agents is done in such a way that it creates strong economic incentives to behave correctly. This makes iExec much more than other conventional Cloud providers by giving it the capability of organising a trusted computing platform on top of an infrastructure of untrusted agents. Not only is this trust building process an interesting feature to have, it is essential to providing any result to blockchain users and smart contracts.

Here is a VERY awesome read that I think you would enjoy. There are many interesting articles on medium about iExec.
https://medium.com/iex-ec/the-essence-of-the-rlc-token-90812b21d166

>Let's say a large company that needs some compute power...

Yes, say a large company needs to render [pic related] in blender, they would acquire some RLC (im sure some more gateways will open up to buy RLC in due time), load it into metamask and just use the iexec dapp website. It's a tiny bit complex/annoying right now to use, but in the future it will most likely be condensed into an easy to use dapp. LINK might even help in this regard.

>>12424290
Also, read the FAQ, it answers a shit ton of questions brainlets on biz keep asking

https://iex.ec/faq/

>>12424392
>>12424434
Cool, thanks.

>>12424479
anytime fren, any more questions feel free to ask.

I hope someone out there learned something new about iExec because personally I think it's an amazing idea and they're executing it perfectly.

>>12424562

Anything to look forward to from V3? Or hypetrain doesnt start until end of roadmap.

>>12424630
So I think iExec will truly shine one enterprises get a hold of it. iExec is actually beautiful in that regard because it could actually support both small time users and large corporations using iExec to leverage their own products.

"This version includes key features for the enterprises to widely adopt the iExec market network by providing them with full control over the private/ public employment of their resources"

Imagine giant enterprises entering the space and utilizing iExec to leverage their own business and just using iExec in the background. Huge potential there.

"This version will target Data providers, allowing them to join the Market Network. Moreover, a broader range of enterprises will be able to start shipping their applications and DApps through iExec. With this version, the market network will allow several direct connections between different resource providers.
This version strengthens the revenue stream of iExec by allowing new revenue models conceived for DApps requiring a higher level of trust and quality-of-service. These applications will benefit from dedicated environments using selected resource providers, as well as specific QoS features through a performant SLA."

>a broader range of enterprises will be able to start shipping their applications and DApps through iExec

I think this is when we start seeing some crazy shit start to happen with iExec. It might be 1-3 years from now until iExec starts to actually get used, but that's why I think the value of investing now is so high because when it starts to all happen and then approaching v4, the market will start to speculate very hard on an actual price, possibly shooting iExec to my $400 valuation in 2022. Even if it doesn't reach 400, I still see iExec as a $100 coin in the future due to the fundamentals.

>>12424630
Also, to more generally answer your question, I think iExec will go through generic hype events that will push the price around, possibly very high at some point in the near future(25-50$) before ultimately finding its true speculative value in the hundreds of dollar range.

>>12424697
>my $400 valuation in 2022
Based retard

>>12425488
Yeah, sounds crazy right?
I bet people thought those calling ETH to hit 1000+ were retards too
You don't understand how crazy crypto is about to get in the next 5 years

>RLC token
>associated with potential 100 billion dollar operation
>token not needed for any part of it.
Oof. Can't wait until all these services have the token abstracted entirely from the protocol. ZRX is already there, once the protocol has even a shred of traction there will be no need for the token. Enjoy your bags.

>>12425521
You literally need the token for the PoCo algorithm you stupid faggot.

>comparing ZRX to RLC
absolute brainlet tier

>>12425534
I can't just fork the protocol and just use ETH? This is literally impossible? Good luck.

>>12425554
i cAn't jUsT fOrK tHe pRotOcOl aNd jUsT uSe EtH?

>t. brainlet that has done zero research on iExec
not even worth a real response

>>12425509
>You don't understand how crazy crypto is about to get in the next 5 years
I agree it's gonna be huge, and I am following iexec since one year but it seems nobody cares. People would rather buy shit like XRP. Yes it's sad.

>>12425590
No one cared about XRP until it hit 3$ or whatever stupid fucking number
No one cares until it hits a high ass number.
iExec is incubating something special. Taking risk is the only way you get massive payoffs.

>>12424697
>shooting iExec to my $400 valuation in 2022

>>12425597
It's going to happen eventually. Maybe not in 2022 but within the next 5-10 years it's basically guaranteed.

>>12425560
The network may be valuable, but the underlying utility token will have zero value. This is true of essentially all tokens. It's value is derived from speculation entirely. once the network is operational there will be no reason for the token to have any value. Good luck if you expect to hold this token through its mainnet launch. But no doubt you can buy now and sell before the protcol is fully live for a tidy profit.

>>12425616
>once the network is operational there will be no reason for the token to have any value
This

>>12425616
>the underlying utility token will have zero value
On what basis? You're just spewing fud with zero substance.
>This is true of essentially all tokens
This isn't true. Name them.
>It's value is derived from speculation entirely
So is all of crypto, you fucking mong
>once the network is operational there will be no reason for the token to have any value
?????????????????????????
The network USES THE TOKEN LMAO
Also, from your viewpoint it'll go from having no value to having even more no value? Nice.
>Good luck if you expect to hold this token through its mainnet launch
Uh, okay
>But no doubt you can buy now and sell before the protcol is fully live for a tidy profit.
Shit tier fud overall, 2/10 try again.

>>12425625
>oNcE pEoPle sTaRt uSiNg iExEc tHeRe wIlL bE nO rEaSoN fOr tHe tOkeN tO hAvE aNy vAlUe
Even though the entire network fucking works because of the token you stupid inbreds LOL

>>12425635
>Even though the entire network fucking works because of the token
If you are a Pajeet shill, ok whatever. If you are serious, I feel pity for you.

>>12425647
>can't say any other bullshit fud so resorts to generic pajeet insult
Try again retard. If you want to fud something you have to know how it works you fucking idiot.

The "network" requires the token to work because of the PoCo algorithm. GET FUCKED LOL

>>12425651
I know how it works, for sure better than you. What you fail to understand is that I'm not saying that the token is not required, but that it's not required it has any value... Chill and read carefully, kid.

>>12425660
Clearly you don't if you didn't even know that the token is required for the whole thing to work because of the PoCo algorithm, which inherently makes the token valuable you fucking retard.


>i'm not saying the token isn't required!
>but it isn't required to have any value
Do you understand how fucking stupid you sound?

>>12425671
I hope you're at least getting paid for this scam

what's going to cause scarcity after the crypto speculation ends? I get the feeling that massive supplies will drive token prices down rather than up

>>12425693
I hope you don't buy RLC so you miss out on the easiest gains of your life.
>>12425694
80m circulating isn't massive at all

>>12425701
Based retard, I will buy and sell my bags before mainnet. That's when the price will drop massively because the token can't be too expensive for mainnet to actually work. DYOR

>>12425738
Okay please do. I will buy them from you.
>token can't be too expensive
literally what even LOL do you even crypto retard

>>12425694
staking is the only way unless the token itself becomes a store of value (unlikely)
poco is questionable and still in development but staking X amount of tokens required to run a worker pc will be the best case as it'll lock up a massive amount of tokens and create new worker demand if iexec is popular.

>>12424697
keep it reasonable with your shilling. saying a minor crypto project will 2000x just makes you sound ignorant/stupid and people will question your motives. keep it at a 1 billion cap... that seems reasonable

>>12425738
token will obviously be tied to fiat value. you seem dumb

>>12425760
>keep it reasonable with your shilling. saying a minor crypto project will 2000x just makes you sound ignorant/stupid
This.

>>12425760
1 billion cap is "reasonable" but if it takes even 1% of the centralized cloud computing market cap it'll be worth upwards of 5-10b

And yeah, I can't tell if that guy is just subtle fud-shilling or some reverse psyop thing acting retarded to get real information out of me lol.

Either way, RLC is highly undervalued. Look at it.

>>12425760
>token will obviously be tied to fiat value
Based retard, Fiat value will be extremely low or nobody would ever use this.

>>12425777
You exposed yourself lol
I bet you're all in LUL
nice digits tho fren

>>12425785
Honestly?
40 eth
20 link
20 rlc

Sorry for the lazy fuds I'm just bored waiting for my flight

>>12425794
20? 20k you mean?
At least you have good taste.
LINK + RLC is the gains play.
I thought your posts were funny, don't take me too seriously I just like refuting retarded fud on iexec because it's just too easy.

iExec is literally unfuddable. Next ETH imo, just in dApp form instead of shitcoin ICOs.

>>12425813
20% of my initial investment, that's little less than 9.5k RLC. Yes, I'm poor.

>>12425841
That's okay you're basically touching the threshold for being a millionaire if you hold till v4

>>12424714

Hey man again great insight its cool to hear someone else's thought process and its pretty close to how I feel about how this will all play out over the next few years.

Don't let these 4chan retards get to you. Besides BTC everything in crypto is absolute garbage and people just love shilling the shitcoin they are ccurrently bagholding.

RLC is one of the very few exceptions that will probably make it out alive.

FUARKKK bros stop shilling this please, makes me anxious AF.

Rlc wuz kangz

My biggest fear is it getting delisted for such a low volume

>>12427570
I've never understood this meme of delisting.
When a project has paid a minimum of $1M to be listed, they don't get delisted overnight for no reason.
The only projects that are delisted are scams and dead projects. That's all. And iexec is far from being one of them.

>>12426760
Definitely.
They don't get to me, I find it hilarious how bad the fud is for iexec because it's so hard to fud in the first place.
I have a feeling RLC will be in a very good spot within a year.
>>12427151
execuniggas assemble
>>12427570
it won't get delisted lol low volume doesn't matter in a bear market

>>12427151
>>12428842
decentralized cloud computing gang gang

Not looking good
Not looking good at all

>>12428983
black and yellow
black and yellow
black and yellow
black and yellow (uh huh you know what it is)

>>12429014
?
BTC is dumping so everything dumps, and RLC barely moved because it's oversold. Perfect accumulation phase imo