/biz/ - Business & Finance

iExec will scalability along with smart applications to the blockchain world. Automation is clearly where society is heading if Davos is any indication.

How much do you guys get paid to shill all day long?

>>12576867

they probebly get paid in valueless tokens.

>>12576867
Idk man personally I got redpilled the other day and I looked into it myself and it seems pretty fucking incredible and undervalued. I bought at 6300 sats and it's still under ICO price $ wise...

I'd say do some research and then realize why people are excited about it, it seems like it could pull an ETH easily. Basically, if I was in crypto when ETH was being shilled, I'd be a fucking billionaire by now. RLC is one of those "obvious" coins, and it's amazing to me that the market thinks otherwise. This market is all bullshit hype, nothing about fundamentals, but fundamentals will be shown to be king through time.

>>12576867
The project is so strong it doesn't even need professional marketing. The community does it for free.

>>12576867
Most of the time they get paid in the coin/token they shill. Whale slaves.

>>12576884
For me it was obvious too that it's undervalued. I'm not ready to call it the next ETH but I do think it's being overlooked right now

>>12576886
this is basically how i understand a lot of these shill posts go, besides the obvious scams.

iExec's fundamentals are crazy good. DYOR. If you have a lower IQ and can't connect the dots with RLC, buy suicide insurance. It's the best way if you're unsure if something is actually good or if the community is just hype.

>>12576897
True. I think it's an objective truth that it's really undervalued at 19m MC, especially for what iExec is and what they've accomplished.

I'm calling it the next ETH. Fuck it, I really think blockchain needs iExec. Offchain computing is going to be huge.

>>12576806
what do you guys think about this image? personally i believe its an instruction on how to DOMINATE a room

>>12576920
It's not just robotics and fog computing but most dapps in general need off chain compute and many will need it with agx enabled which iExec does.

>>12576929
*Sgx

>>12576929
yup, i wonder if you can create a dApp that creates decentralized websites or decentralized websites that run on iexec?

The proof of contribution algorithm really intrigued me too, it's the big thing that showed me iExec is different from other cloud coins. I wonder the possibilities.

>>12576867

for me I just researched it and came to the realization that iExec really is very important for blockchain, intensive/complex computation tasks WILL have to be taken off chain to be processed., then sent back on chain for verification

>>12576951
Is it true they are exploring a staking mechanism like collateral/payment penalities similar to LINK to incentivise good node behavior and punish bad behavior?

>>12576963
Not really sure, but i think the poco algorithm has something like that since you have to stake coins against your work. I assume there would be some negative for returning an incorrect result.

>>12576971
Yeah that sounds the same. That's really good for the value of the token since it takes alot out of the supply

>>12576981
yeah plus imagine how big the network effect could possibly get because of how many things iexec can do, it will also take up a lot of the coins simply through usage.

>>12576985
Yeah it will help but staking is ultimately more important to value. But I agree with all the use cases, velocity can only be so fast so it has to raise in value to some degree.

>>12576995
yupyup
if there's one thing though in regards to the price
0.25$ is not the real price
it's only reflective of iexec currently because no one is using it yet
once it gets used to a medium degree? ETH level moon.

>>12577007

https://www.ibm.com/blogs/bluemix/2018/11/iexec-integrates-ibm-cloud-to-increase-the-security-of-decentralized-computing/

>>12577011
Ooo
Will read, thanks.

So what is the purpose of iExec tokens?

>>12577019
Basically they just offer their service in the IBM cloud. Doesn't mean much yet but still a bullish sign that they are offered. They are also in the open fog consortium with all the big names and the only blockchain project in there.

>>12577028
To make you insanely rich

I personally think iExec is the Future of Blockchain

I think iExec is to Blockchain what Ethereum was to Bitcoin

RLC is a digital asset on Ethereum. The fact that it is a ERC20-compliant token only makes you feel safer.

>>12577066
It is blockchain agnostic though and could be a major player in helping eth scale

>>12577075
I believe RLC, properly implemented, could make even governments and our society to scale.

>>12577034
wow that's a really big deal, it's almost like IBM and Intel already know iExec is going to be a big fucking deal in the future

Idk about you guys, but as a pleb I sure as fuck wouldn't bet against intel or IBM

fuck it, it's still ICO price, I just bought 10000 more RLC lol
RLC 1000$ EOY

>>12577084
Well they are def exploring it. No one knows how it will turn out buy in terms of the off chain compute space, Chainlink and iExec look to be the most well connected. IExec should be abead of Golem in mcap

>>12576897
>>12576884
dont you guys consider selling at 800 and rebuying at 650?

>>12577118
No because it has an clear path up the rankings with some support. You cant tell me there is 50 better projects in the space

Sell now, buy back at 660, repeat forever. Most predictable shitcoin ever.

>>12577116
>IExec should be abead of Golem in mcap
I agree. I looked at golem and wasn't impressed at all.
>>12577118
I'm not selling until at least v3 or v4
and also because this
>You cant tell me there is 50 better projects in the space
iExec could be top 5

>>12577159
I have literally tripled my RLC stack over the past 3 days from trading. RLC movements are so predictable.

>>12577194
im too scared to trade because what if i sell and it goes 1-10x in a single push

maybe when it gets more value ill swing

>>12577194
Nice larp faggot

>>12577194
Until you get fucked. Volume increasing and awareness

i think we're gonna break 8k sats today and go for 10k easily

>>12577201
Why would it go 10x in a single push. Who do you think would suddenly buy at such a high relative market cost?

>>12577208
There is so little liquidity that it wouldn't be that difficult

>>12577208
This could happen, as long as BTC doesn't fuck it over.

>>12577225
To control some supply of an already semi-low supply coin.

I could see someone dropping 50M on something like iExec at these prices. You'd be surprised how much money is out there just waiting for the next google type investment. iExec fits that pretty decently.

>>12577237
If someone just drops 50m overnight, they will lose 80% of their money.

>>12577249
Possibly, yes, but being able to control a huge portion of a groundbreaking coin/tech may be a bigger payoff in the future.

It all depends what that 50M is worth to that person. To you it's a lot, but to a billionaire it isn't.

>>12577257
To a billionaire, there are 10's of thousands of projects that are promising. Despite their billions, they can't invest $50m in everything they think is promising. Let's say RLC is successful, that doesn't necessarily mean the token will be valuable. There is still a lot to be worked out in regards to tokenomics.

>>12577285
idk about 10s of thousands. I think there are maybe hundreds, if that, that are truly promising.

I think if RLC is successful, the value will be directly tied to how many people/non-people are using it, and the network effect will take the price up high as fuck.

There are some things to be understood about the token economics but I haven't seen anything that screams worthless to me. It's the opposite actually, seems like the system is perfect. It's almost like PoW/PoS except more efficient and the PoW aspect actually produces a product.

idk of course i could be wrong but i think someone could come in and drop millions and it'd cause a violent market reaction and RLC would be out of stealth phase instantly.

>>12576925
Look at that based crotch. That must be the biggest crypto bulge by far.

Seems promising. Will finallyhave a look on it

>>12577330
gilles seems like a cool dude
would totally have a beer and eat a baguette with that french fucker with a huge cock bulge

>>12577302
POC is interesting, basically liking mining but instead of wasting it on guessing like in POW, it's actually used to check other nodes computation to make sure they did their work correctly. That takes some computing power too so gives the token a base price tied to computation.

>>12577371
Yeah it's a really fucking cool concept.
It's pretty much the main reason I think iExec is going to succeed

>>12577330
check it

>>12577398
If they do go with a staking mechanism like they talked about, the token will explode.

>>12577403
mmmm, I can feel my boi pucci slightly open and getting warm from the blood rushing to it. Looks like it will be prostate day today

>>12577403
LOOOOOOOL
now enhance.

>>12577416
You already have to stake for PoC to work though, what do you mean?

>>12577436
Oh ok. I'm still learning. That's real bullish than because store of value mechanisms are huge for token values

>>12577445
Yeah, I implore you to go read about the proof of contribution algorithm. It's actually crazy how useful and important it is. It was the one thing that made the lightbulb go off in my head and I rushed to buy. I think RLC is in stealth phase.

>>12577460
Yeah it's very wicky on the chart which means accumulation is happening. There are def some swing traders but the can only do it with low volume and accumulators don't mind when it drops a little because they can continue buying cheap. I notice when it gets to a certain point like 650 it gets bought and the floor is rising.

iExec and LINK are legit.
IBM has an internal training for iExec Enterprise Essentials.
Summabitch is over 14hrs.
I have a screenshot, but it's apparently too large. I promise that there's internal training on this.
iExec is legit.

>>12577475
yeah the chart is suuuuuper wicky, definitely some accumulation going on. It's fucking ICO price for fucks sake, this thing is going to explode soon. Just wait until the normies and youtube shillers get a whiff of it. Shit is gonna goooooooooooooo

>>12577502
even if a larp, I wouldn't doubt that IBM has some sort of program about iexec

>>12577534
Why would IBM give a shit about a french company?

>>12577597
They are already giving a shit you fucking retard

>>12577597
because they're fucking partnered?
and already running a worker?
>hurr french
it's not like REQ nigger

>>12577208
I'm thinking so

iExec is crucial for off-chain computation that is very important even if ETH scales and here is why:

The "on chain" part. When writing a smart contract, ever computation state is actually stored on the blockchain, because the state needs to be verifiable. The amount of states that even a moderately complex program produces would be insane to store, and not feasible even if you want to store only one copy of it. But you need many copies, distributed on different computers, synced up by slow internet connections. Totally unfeasible, and the reason why anything remotely computation "heavy" is moved off-chain.

Running heavy computations on-chain is like trying to move a pile of dirt by picking up every grain individually, sending it around the world to let it be verified by many experts before putting it on the other side. In reality, what you really needed is a bulldozer.

>>12577684
Yup. You nailed it. RLC = 1000$ EOY UNIRONICALLY

>67 posts
>18 posters

Fuck off with your shitty useless token you fucking shills.

>>12577684

absolutely correct, I just seriously cant understand why some people on biz cant see this.

I know its a meme to say ''I get eth vibes from this and ''im literally shaking *insert shocked Pepe face*'', but I cant stress this enough when I say blockchain is GOING TO NEED iExec, providing an off chain computing solution.

It was only a matter of time until the market realised this and now its been getting shilled on biz recently, I think people are slowly waking up to this truth.

>>12577713

back up your statement with reasoning and logic please

>>12577713
>having a back and forth conversation on a mongolian underwater basket weaving forum

yea fuck us right

>>12577717
>I know its a meme to say ''I get eth vibes from this and ''im literally shaking *insert shocked Pepe face*'', but I cant stress this enough when I say blockchain is GOING TO NEED iExec, providing an off chain computing solution.
Exactly this. I feel retarded saying it myself and then I just laugh because I know it's true.

>>12577713
Read up https://medium.com/iex-ec/troubadour-a-natural-language-processing-platform-using-decentralized-cloud-computing-70cc04e8e03d

>>12577744
What the fuck that's actually amazing
HOW IS RLC SO LOW IN VALUE
shit bro this coin is giving me some type of feelings
thinking about taking out a loan

>>12577713
yes useless
yes
we'll see

>>12577713
I'm actually gonna screenshot that and post it when 1 RLC = 1000$

>>12577744

holy fucking shit

>>12577744
WOW

I wonder what the implications of something like Troubadour is.
It could technically enable some sort of decentralized AI that can understand language, right?
Meaning, Google voice/Amazon home whatever bullshit spy devices are living on borrowed time.

Eventually someone will create some sort of standalone iExec AI that will be able to do the same and more without being a government spy device. Probably like ~10 years away from that.

>>12577906
Reminds me of an AI system built by SAP to handle manage big business systems. So possibly something anybody can leverage on the network. No need to be exclusive to big business and can actually take advantage of data not normally categorized easily.

>>12576806
so why the hell is this shitcoins ticker rlc? that has always bothered me.

>>12577928
Yeah, it's really interesting. I wonder what other sort of crazy things iExec will be capable of.

>>12577948
Runs on Lots of Computers

>>12577534
I promise not a larp

>>12578031
HOLY SHIT
WE'RE GOING TO MAKE IT BOYS
ALL FUCKING IN

>>12578031

fuck man

I knew you weren't larping at first, but im tempted to throw another 10k into this.

>>12578031
o gee boys, look like we are going to the moon. All in!

>>12578031
That is pretty based actually.

I bet the retards fudding RLC on /biz/ will eventually fomo after it 2xs this week

>>12578031
it is not the same iexec dumb larper shit

>>12578031
thats just a fucking book on amazon
you are either retarded or the worst shiller ever

>>12578031
faggot larper http://www.ciscopress.com/store/iexec-enterprise-essentials-companion-guide-9781587132193

>>12578187

xD

>>12578031
LOL EXPOSED

>>12578187
wait wait... iExec partnered with CISCO CONFIRMED????????

RLC = 1000$ EOY CONFIRMED

>>12578176
I found it on an internal search. It's tracked learning within IBM.
I owe you guys nothing, and haven't even bought any iExec yet.
I've been watching it for ~6 months.

If she dips a bit I'll buy some.

>>12578250
>If she dips a bit I'll buy some.
well.. RLC is a stablecoin now...so good luck

>>12578243
Look up open standards for fog computing.
https://www.openfogconsortium.org/news/ieee-adopts-openfog-reference-architecture-as-official-standard-for-fog-computing/

https://medium.com/iex-ec/iexec-joins-the-openfog-consortium-4d8b2b3b0c82

>>12578031
that is Cisco and it has nothing to do with RLC

>>12577194
teach me. i set a sell order for 85

>>12578286
set it for 10k so we can lead the cryptomarket out of the bear market

>>12578273
SELL SELL SELL!

>>12578273
You retards don't even do DD.
I'm done spoon feeding your fucking morons.
Buy or don't.

>>12578298
>IBM hires pajeets
who would've thought

I was the anon who made a thread last night talking about RLC

I did my research for hours and hours on every alt under the sun and became fixated on iExec, and unironically went all in.

Good luck everyone

Cloud or fog computing, automation, AI, blockchain blah blah blah. Look that's all really cool, but how do the RLC tokens play a role?

>>12579579
https://iex.ec/faq/ "poco"

Just doubled my bags to above suicide insurance levels. I'm ready.

Im Still holding my bags from last year, someone please buy them

-the thread.

>>12580334
Not true, honestly I bought in yesterday.

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