/biz/ - Business & Finance

Just use the search page, it's already been shilled thousands of times

>>12479318
I haven't seen relevant FUD beside tokenomiks and french team

up

>>12479361
iExec is unfuddable.

>LINK makes RLC obsolete
>French team bagettes
>Tokenomics are shit
>Muh utility token

This is the level of fud while the team has connections with:

>Intel
>IBM
>TFCloud (multibillion chinese cloud company)
>Ubisoft
>Orange
>Huawei
>RSK

>>12479254
thanks for the rare RLC pepe.
It's literally unfuddable. LINK shills try so hard to fud it but it's always the same lame fud.

I truly believe that RLC will be 1000x what it's worth by 2021

>>12479254
>>>12457719
this bread was pretty epic, opened my eyes on RLC so i saved it.

>>12479480
>>Tokenomics are shit
I still don't understand the tokenomiks. Let's say that people utilize the token for their compunting jobs and so on
Then the RLC bros stake their RLC and get rewarded with other RLC coin for providing the correct computation. Then it's common opinion that those ''stakers'' would dump the gained RLC in the market, (driving the price down)... is this the tokenomic FUD?

Also why doesn't it apply also to bitcoin? Becaue of the store of value meme?

>>12479596
The FUD they say is that people would market buy and market dump instantly after each task is executed, so price won't move since there will be an equal ammount of BUY orders than SELL orders.

They don't take into account

>Cloud providers will compete for a task by staking more RLC, so more RLC staked = more security on the result.
>Task staking takes some time, and I guess it depends on the security of the result, so more security = more validations of PoCo (more time staked).
>If network it's at full capacity, RLC will be a scarce resource, that will drive the price up for those that need to execute or stake new tasks.

Long suffering holder of 20k. Let’s get this sit going

>>12479683
>>Cloud providers will compete for a task by staking more RLC, so more RLC staked = more security on the result.

Maybe Cloud providers may compete for tasking but they are intersted in FIAT they qill dump once they gain results. I am not fudding, genuinley want to know


>Task staking takes some time, and I guess it depends on the security of the result, so more security = more validations of PoCo (more time staked).

the time for staking is not relevant come on...

>If network it's at full capacity, RLC will be a scarce resource, that will drive the price up for those that need to execute or stake new tasks.
this is true
but for that we need everything to be absolute execellent from any point of wiev, and we need to PRAISE KEK

>>12480009
>Maybe Cloud providers may compete for tasking but they are intersted in FIAT they qill dump once they gain results. I am not fudding, genuinley want to know

Yes, they want FIAT, but they need RLC to generate more FIAT, so why sell?

>the time for staking is not relevant come on...

Yes it is. Reduces the supply of the token.

>but for that we need everything to be absolute execellent from any point of wiev, and we need to PRAISE KEK

I dont see it that difficult, may take some time.

>>12480009
the RLC would be more valuable to you than fiat at any given time. You have to remember selling into fiat isn't 1:1 you're going to lose at least 1% on the spread... Also you'll be paying at least a 1% premium if you were to buy RLC on the fly. Game theory encourages hoarding.

>>12480179
>>12480168
The tokenomic FUD (which I think it doesn't exist) can be applied also to LINK.
Also add to that list the normie's hype. Immagine to open Windovs 14 (assuming windovs is still here) and to see Iexec Dapp and with one click you can rent your computer resources. This will lead the price up.

Another question: since RLC is a company what do they mean whrn they say it can be fucked by SEC?

Last question: let's immagin a pajeet rents its PC for less than how it would be rented by an US citizen, but let's immagine the computer pajeet is already occupied making computation, than one who would need computation should be forced to purchase it from the US person (because the pajeet is occupied making computations)

Basically will everyone have their chance to gain, or the pajeet will gain more because the fact that in their countries the electricity costs less?

>>12480226
Your last question is a fair point. I think individual with high cost electricity eill habe to organise themselves in pools. I imagine this will be very similar to mining organisation that you see today

This at 16m mcap is a fucking joke. Literally the same mcap as REQ who have achieved nothing so far.

>>12480226
This. Pajeets should begin network mining RLC. Trust

>>12480735
Ok, but I don't understand what do you mean, sorry. Is it a positive or negative thing for Iexec? It could end up with pajeets making alot of money and then dumping for FIAT

>worth less than REQ again
yikes that entire pump got sold off
>tfw

>>12481219
>yikes that entire pump got sold off
But you can't have this mindset with coins with fundamentals like RLC or LINK... even bitcoin and Eth were swing traded and some were left behinde. Swing trading is the same gamble as hodling, you should swing trade only in the situations were the probabilities to make the right choise are > than 80%
For the rest DCA into RLC or LINK

>>12481219
One day the pump won't dump and swingers will regret selling.

I've been dollar cost averaging for months now

>>12481219
Buy the dip and get rich in a year
Easy as fuck.

>>12479727
I wish I was you. I got about 10k

>>12481418
>One day the pump won't dump and swingers will regret selling.
Do you think that day (if it would happen) the whales will pump it to the level they feel confortable RLC to reach? Let's assume that the coin really succeeds and gets shilled by Intel and Amazon who buys the mayority of the coins. What could happen in this case to the RLC's price?

One steaming hot red pill coming up

>>12482474
golem only does blender, this infographic really sucks.

>>12482814
>2018
Golem - Blender
iExec - Nothing
>2019
Golem - Blender, mining, public API
iExec - Nothing
>2010
Golem - Blender, mining, public API, AI, Web 3.0, anything you can imagine by public api developers
iExec - Discontinued

>>12482865
Have you even opened iExec dapp marketplace you fucking retarded pajeet?

Can one house a private IExec clusters? Seems tailor made for utilizing corporate resources to the fullest.

>>12482920
Yeah you'll

>>12482865
Fuck golem is going to 51% monero >>12482057

Aren't 51% attacks the most lethal on Monero due to privacy?

>>12482928
Having a private corporate Eth Network with a accompanying private IExec cluster seems incredible.
Missing a decentralize storage solution. Perhaps Private IPFS clusters are a solution.

>>12482937
And anything GPU PoW since Golem already uses GPU's on mainnet.

>>12482865
> retard, the post

https://www.youtube.com/watch?v=TUDO8BeeqBg

>>12482999
You just have to clone the code from github and build it from there. But it'll a fork of the main chain. Don't really see the usecase of centralizing ETH and iExec.

This is the best stable coin ever. It’s always a reliable 5500. I know that I when I login and check my value it won’t move. Incredibly stable. Better than TUSD in my opinion.

>>12479254
Pajeet scam

>>12479502
>I truly believe that RLC will be 1000x what it's worth by 2021
Based Rakesh, being stuck at 2017 style shilling

>>12483041
5 transactions per second, uniform accessability of data and impossibility of deletion isn't exactly what enterprises are looking for.

$10 eoy 2021

>>12482194
Yes. RLC is the most suppressed coin on the market. It's going to explode once they're done accumulating
>>12482474
>Golem
A rendercoin that got beat to rendering in blender by a non-rendercoin
Imagine that LMAO.

>>12483066
Kek

BUY THE DIP
ITS STILL UNDER ICO RETARDS

If btc was to dip to 2k would this not follow due to being coupled with it? I'd like to go all in but it doesn't have a tusd pair

>>12479254
>mr CEO, it seems you have a lot of personal computers that do nothing at night.
>Oh, you don't want to run random jobs ordered by literally whos?
>Would you wish to employ all of them in a computational cluster for decentralize-size data science?
>we can build a private IExec computation cluster out of all you toaster-tier machines and up.

>>12484232
Most likely the dollar value would follow, but I don't see BTC dropping below 3k

>>12482980
why? someone can explain this?

>>12483019
>https://www.youtube.com/watch?v=TUDO8BeeqBg
This makes me salivate everytime... in 2 minutes the robot gets all the computational power to run its AI algoritm to let him map the room. If you don't have at least 1000 RLC you're clearly retarded

P.S. where is golem?
Unknown
Pajeets still compares this gem to ''Golem''...the fudders don't know what ro invent everytime to fud this one

>>12484407
>golem
two words:
>polish engineering

>>12484407
>If you don't have at least 1000 RLC you're clearly retarded
that's all I have since I started buying at 12000. average price is 9800. didn't expect crypto to go further down in July

>>12484407
i sadly have only 563rlc
got on last monday
i really need more time

>>12484797
I only can't explain WHY it always dumps... ok, all the market is in a shit situation. Even LINK dumps. From the guys who came from 2017 a 30% is ridicolous. I suffer too much seeing this pumps and then the ''-'' and the red colours.... WHEN THE FUCK MOON AND NORMIES BUYING OUR BAGS AT 200$ LIKE IT HAPPENED IN 2007? TELL ME WHEN, NIGGERS? WHEN?

>>12484914
It might take some time. Possibly a year or more. Literally NO ONE is talking about RLC besides biz. I havent seen it ONCE in ANY media on youtube or other. It's very crazy to me because of the extreme potential and accomplishments the team has already had.

I am constantly loading up. If it keeps dropping I am going to keep buying.

Consider it a blessing.

>>12484914
* LIKE IT HAPPENED IN 2017?
sorry error

>>12484948
>It might take some time. Possibly a year or more. Literally NO ONE is talking about RLC besides biz. I havent seen it ONCE in ANY media on youtube or other. It's very crazy to me because of the extreme potential and accomplishments the team has already had.
I can't see the 2017's levels of hype happening for 3 years or more. Maybe when DAPPS and smart contracts and automating stuff meme will became the ''next big thing to shill'' to the normies (probably thanks to LINK) we could see another golden bull run and hype AGAIN like it happened in 2017. Moe likely somenthing like LINK could the be catalist for another bull run and if the things may happen in contemporaneity with BTC halvening could be great. If Iexec will be still alive and productive by that time, I think it will be the easiest to shill the normies to... Iexec it's already partnerships with big companies. For the moon we lack the hype that charactereized the 2017 year. That level of hype requires big company's shilling and normie FOMO.
We need to wait for LINK and the next bull run, media shilling automating things with smart contracts, AI algo helped by RLC and those sort of things
Hopefully also btc halvening
There are 3 years of waiting ahead us my friend... let's hope to do not die in the middle..

1 RLC = 1,500 USD EOY2021, GO BUY 1000 OR KYS

>>12485078
Why 2021? Do you have the crystal ball?
why not 2025 for example?

>>12485088
what is V5 lmaooooooooooooo

>>12485040
I don't think it's going to take 3 years.
It's going to take until v4 until people start to realize the potential of iExec.
Speculation will take it upwards before then I believe.

>>12485088
Version 4.0 — High Performance Computing
This version allows miners to join the iExec market network providing true supercomputing capabilities.
05/31/20

iExec 5.0 — Beyond the Distributed Cloud
The goal of this version is to allow new usage of iExec beyond the decentralized Cloud: FoG/Edge computing, ambiant AI, IoT+ Big Data, smart cities, VR, and more.
05/31/21


Buying now is literal BELOW GROUND LEVEL prices.

>>12485103
>what is V5 lmaooooooooooooo
what has it to do with 1500$ ?

>>12485629
iExec's final form, when it eventually allows AI to take over the world and kill people that don't transfer RLC to survive.

>Target acquired: >>12485629
>Please pay 1000 RLC or be iexecuted
>(Y/N)?

>>12485193
>Version 4.0 — High Performance Computing
>This version allows miners to join the iExec market network providing true supercomputing capabilities.

Very cool. What is ''ambiant AI'' ? For when is it the V4 supposed to happen? 2021? Just when bitcoin halvening and normie FOMO 3,0?

>>12485655
lmao nice.

>>12485078
Are you saying that 4k rlc is enough to make millionarie? i really wanna believe

>>12485657
>What is ''ambiant AI''
It's terrifying.
https://www.youtube.com/watch?v=dKNu9y92iOQ

Also, it's going to devour the software industry.
https://www.technologyreview.com/the-download/609635/ambient-ai-is-about-to-devour-the-software-industry/

>For when is it the V4 supposed to happen? 2021
Yes

>Just when bitcoin halvening and normie FOMO 3,0?
Sometime around then, yes.

>>12485702
>Please transfer 1000RLC to live another year.
>(Y/N)?

>>12485723
It possibly is. When RLC was valued around 1$ i thought it was still a great price, and bought 3000 worth.

Then I bought the dip at 0.17 and picked up 30,000. Now I really feel like I'm going to be very rich within 3-5 years.

>>12485770
>https://www.youtube.com/watch?v=dKNu9y92iOQ [Embed]
very cool. I study statistics and as hobby I learn machine learning models. ALl they require is super compunting power to run probabilistic simulations, and RLC makes me salivate.
Just one question: could it happen that the big players like Amazon and Intel will buy the maiority of the supply? Why should they buy it? For which purpose? Would they then dump on the market?

>>12485900

>>12485953
>could it happen that the big players like Amazon and Intel will buy the maiority of the supply
I mean, what's stopping them from buying the supply? If they did this, it would validate iExec beyond belief, and pump the price to the fucking moon. I would sell them my bags.

>Why should they buy it?
Not sure really. I guess they could use iExec as a backend system to save them money over time? Also, they could use it as a safety measure in case their centralized servers go down they could use iExec as a temporary solution to network outages.

You have to think, most -normal- people might not use this technology for every day things(maybe they will eventually without even realizing it), but giant companies and maybe even indie companies will DEFINITELY have direct uses for it.

If a company "acquired" all of the last RLC available they would most likely not dump on the market. They would use it to their technological advantage.

>>12486142
>Not sure really. I guess they could use iExec as a backend system to save them money over time? Also, they could use it as a safety measure in case their centralized servers go down they could use iExec as a temporary solution to network outages.
This seems a good use of case. Then they could buy a large supply to stake it to become ''workers'' ? But then they could dump on the market for FIAT

>>12486193
Yeah it's a use case I can imagine. Yes, they would buy a lot to be able to stake among other things. The would build a software system that uses some sort of centralized front end to then utilize their RLC stores to buy tasks on the backend.

I don't buy into the "they're gonna dump on the market" theory because there's a lot of reasons why they wouldn't, too.

>>12486229
>I don't buy into the "they're gonna dump on the market" theory because there's a lot of reasons why they wouldn't, too.
like what for example?

>>12486404
Mainly, I just don't see a purpose for them to.
Other reasons could be storing RLC for future improvements/staking/technologies/investment/whatever.
At that point the crypto market would be so large I don't think it would matter. Most of the supply is almost bought up anyways so they couldn't possibly control it to a degree that would matter in the long run.

> beep boop. Gillesama3000 ready to kill losers.
> Transfer 3 RLC to live (Y/N)

>>12486495
YOU WILL NEVER TAKE
MY PRECIOUSSSSSS RLC

>>12486482
>At that point the crypto market would be so large I don't think it would matter. Most of the supply is almost bought up anyways so they couldn't possibly control it to a degree that would matter in the long run.

Ok, so you hope there will be more demand for computation than RLC's supply? Did I understand?
Also I would you ask which event could be the catalyst for the price to go to the 50-ish$ levels, in this bear market, that normies left?

>>12486874
>Ok, so you hope there will be more demand for computation than RLC's supply? Did I understand?
I guess you can look at it that way. Even if they "bought up the RLC" it would only be about 30% of all RLC

>Also I would you ask which event could be the catalyst for the price to go to the 50-ish$ levels
Hmmm could be a few things...idk...mining dapps that create some sort of energy war, something gaming related maybe? Maybe something server or hosting related...idk there is so much to consider.

This is just about the only project in crypto that doesn't seem like a complete meme pipedream. almost everyone is trying to save money moving to cloud services and not having to host their own servers and employees to maintain that shit.

buy now or regret later in 2 weeks

>>12487544
Pretty crazy, huh?
It's so oversold and underbought it blows my mind. The crypto market is so irrational it's mindblowing.

>>12487789
>It's so oversold and underbought it blows my mind. The crypto market is so irrational it's mindblowing.

Because the normies didn't notice it. Do you want to have a picture of the coins that normies choose? Then go on Bitcoin talk. The coins they choose are Waves, Stratis, deep onion...
Iexec has an ANN tread but it's never discussed on speculation session