/biz/ - Business & Finance

Which one? The pump and dump or fact that your late to the party?

>>17542541
It's actually huge, biz will be late to the party

I'm all in on rlc rn. Link is already over a bil mcap. Even if it's the better project which one will moon harder?

>>17543010
Link

>>17543010
over a bil in mcap is peanuts. eth was 10 bucks at this market cap and peaked at $1400 a year later

>>17543054
Literally SHIT XRP had a mcap of over 120B...that's insane..

Considering iExec is barely hanging in Top 100 and the project is solid as fuck.. also the supply is fairly low.. if you buy now and hodl you will be a whale in a years time.

>>17542541
It's too late for both

We are SO EARLY

Lets think about this.

ETH will be our platform. RLC will be running our dapps. LINK will provide us with smart contracts connecting us to the world.

RLC Market Cap is currently: $44,621,649
RLC Total Supply is: 80,070,793 tokens, this is not going to change.

Lets assume we get to top 20 which is currently around the market cap of $841,471,821

840,000,000 ÷ 80,000,000 = Around $10 per RLC.

Considering this project could be a block-chain alternative to AWS, lets say our marketcap goes to what currently is the marketcap of XRP $10,410,961,617

10,000,000,000 ÷ 80,000,000 = Around $125 per RLC.

Obviously the market is getting bigger and as more money comes in and the dapps are getting used the marketcap of RLC will explode beyond that of XRP currently.

I think RLC is a really good buy right now.

>>17543292
Historic poast

>>17543292
Fucking BASED we are ALL going to make it, LINKchads and RLChads

>>17543435
Stock up, we are going to make it friend.

RLC is literally the next LINK

>>17543435
Is this the "a toast" guy with the red wine?

>>17543497
Just remember that RLC and LINK are not competing, they work together. We should all be holding both tokens including some ETH.

>>17543520
RLC/LINK/ETH is confirmed the best risk:reward portfolio. RLC and LINK will forcefully change how the world works

>>17543551
That is a beautiful image. I agree 100% I think people need to stop investing in "ETH Killers" and start investing in what's currently believed to be the future of decentralization.

>>17543583
Exactly. Of course yet again some of us on biz are so early to realize this and will make insane capital gains come this and next year.
Congrats on being smart enough to see how LINK/RLC/ETH is the holy trifecta that will inevitably be the future of decentralization

Redpill me on this?
Does the enduser have to trade those tokens, or does it work like LINK and everything works in the Background?

>>17543825
I assume the entity wanting to use these highly advanced dApps that combine LINK + machine learning, etc, will require the user to set up an account with the correct amount of RLC(or LINK but I'm not sure how it will work).

All I know is that to use the iExec hub you need to pay workers in RLC.

>>17543890
And by account I mean metamask or something similar.

>>17543908
Sounds a bit like a hazzle to me
If should be as easy as possible for the retards

>>17543938
They have a lot of partnerships with payment operators that make it easy to buy. It will only get easier im sure. Plus there's rumors of coinbase listing.

It's going to end up really easy anyways, plug in your debit card and buy RLC for whatever dApp you wanna use.

>>17543938
obviously it will be streamlined in the future

>>17543825
Say Netflix wants to change from running on Amazon Web Service to iExec, a rough calculation will be made of what they need, speed, storage, what kind of storage, uptime etc. this cost will be evaluated in USD which will then transfer to RLC depending on how expensive the RLC token is at that time. Should be all automatic on some exchange. People across the world who run part of this service for Netflix would them be payed in RLC. Good thing is anyone could start a little data centre and contribute.

>>17543938
>>17544001
The company that wants to use the iExec services won’t have to worry about crypto, they will pay using dollars if they wish so, it’s going to be another payment method.. think when you buy stuff from Amazon you can select PayPal Visa MasterCard, it’s going to be the same.

We are almost in time

>>17544050
Yea that's true because of oracles.
It will be streamlined faster than we realize.

>>17544071
iExec got invited to ChainLinks smart contracts conference, the puzzle pieces are starting to come together. I honestly hope everyone here is looking into this trio.. I want us bizztards to make it, too much hate on this forum lately.

>>17544106
I'm surprised biz hasn't tried looking for breadcrumbs on this. I bought LINK a while back but picked up a bag of RLC because of the team's expertise and the idea seemed "different" than golem or sonm.
It's all starting to make sense.... The end goal is to decentralize the world of finance and computing.

can rlc hit $100 ?

Alright, sounds good frens.
>>17544166
Do I make it with a stack of 2,000 in 5 years? I was already too late for LINK and am a poorfag student, so I only habe 2,500 LINK
All I could buy in the near future with the money I have left are 2000 RLC
But I fear it won't be enough. Thoughts?

>>17543514
No its jari maenpaa

>>17544247
100$ is low end "high end" guesstimate.
RLC could easily go to 400 next bullrun, and even higher in 5 years from now...If crypto's MC goes past 10T RLC could be worth 2000$ a pop.
>>17544259
2000 in 5 years seems reasonable. If everything plays out perfectly, but either way it's a solid long hold.

>>17543038
Cope

Their tokenomics is questionable...
Didn't they estimate only 8% of token will be locked up because they need velocity of money to be factored in to that one equation?

Why would the value of the token go up? Explain please.

Also, how can the valuation of rlc be that high if they are competing against centralized entities like Amazon who already have low overhead?

I will literally drop 100k in this thing if I feel right.

>>17545031
Did you read the tokenomics report? It's far from questionable. I highly doubt they have the ability to calculate how much total RLC% will be locked up in a future where the open market is using iExec to a massive scale.

Centralized entities like Amazon will eventually either not be able to compete with iExec(because iExec is much cheaper) or simply join the ecosystem and sell their idle computing power to the market.(which has never been possible without a middleman before iExec).

>>17542541
Priced in. also muh market cap

Tokenomics of RLC are great but that is of course not the main reason why it is a good pick. It offers a solid solution that is why it is a good investment. Please dyor or stay poor.

>>17545110
>or simply join the ecosystem
But wouldn't that mean that it still would be not profitable for them to rent out their shit?
I mean they could also just lower the prices. Or am I missing something here?

RLC would be x10 already if it was on fucking coinbase

>>17545171
Talking about amazon in this regard

>>17545110
If Iexec is cheaper than amazon then the rlc token value won't go up very much

Also arbitrum does the same thing pretty much

>>17545171
It would be profitable for Amazon to sell their idle computing power, how would it not? Its either sell it via iExec to another provider/user/buyer or let it sit and use electricity doing nothing in hopes it gets used in their own ecosystem...

Lowering prices would do nothing but hurt them.
>>17545206
Dumbest take I've seen on iExec. Arbitrum only does EVM smart contracts not high performance secure/private compute...

>>17545220
>Its either sell it via iExec to another provider/user/buyer or let it sit and use electricity doing nothing in hopes it gets used in their own ecosystem...
>Lowering prices would do nothing but hurt them
Not fudding here, but it doesn't add up for me.
Let's say they need x ammount of money to be profitable. iExec offers a cheaper price than amazon does.
Obviously people go to iExec then (at least some)
Now Amazon just lowers their pricing to compete against iExec.
It doesn't matter of they work with iExec or offer their Service directly, doesn't it?
Their earnings stay the same.
And if they are too low with iExec then it doesn't make sense after all if they can't cover their costs for running their shit.
That's what I am thinking. Am I wrong?

>>17545338
>Now Amazon just lowers their pricing to compete against iExec.
This is where you're lost. How is a centralized company with insane overhead costs of maintenance/people/electricity/taxes etc going to be able to compete pricewise with an open market? See how it doesn't really make sense? It will be neigh impossible for Amazon or anyone to compete with iExec's open market.
The magic is they can still offer their services directly and also use iExec for their idle stuff or eventually totally switch to an iExec based model(buying compute power from other sources instead of running giant warehouses).

Basically iExec is going to change the landscape of the entire cloud industry.

damn i’m all in link with 3k stinkers but i wanna fomo into this. i only have $250 to put in right now

>>17545476
I am pretty much the same.

>>17545449
Okay, makes somewhat sense I guess. Will propaply buy a bag. Thx bro

>>17545338
look at this boomer that doesnt understand what decentralized means
why is chainlink worth $1.5b when people can just use https://api.binance.com/api/v3/ticker/price for free?

dipshit

>>17545561
It's really complicated and somewhat early but within 5 years I think we will see the effects of it.

>>17544315
What are you basing this off of lol

>>17545911
A lot of random math/guesstimation. If you think crypto will stay under 1T forever you don't know where this thing is heading

>>17544001
What are people basing these Coinbase rumors off of?

>>17545973
I have no clue but someone bought millions of RLC the other week and also KNC getting listed is kinda funny since u can buy RLC on kyber

Can you buy it in the US

>>17546144
kyber network or airswap or binance with vpn

oh wow, another partnership.

Wheres the fucking product? I invested in the ICO and these snake oil salesmen have not delivered on a single fucking promise.

Maybe I need my lawyer to draft a complaint to the SEC for securities fraud?

>>17546282
>I'm a retard that bought the top
>I'm getting daddies lawyers to sue you

Lol retard.

>>17546282
LINK + RLC is the biggest thing of this decade. You didn't get it yet, but it is.

Bros I literally opened a wallet today and bought link and RLC in poor man amounts.
Will I still have time to get in on this in the next couple weeks?

>>17548740
No

>>17548740
Maybe. Not as cheap as now, but you still have time. No offense but link is over... It's a 10x from here. Rlc is a 100x.

>>17542541
It's 2021 : v92 has been released. after the great crash of 2020, RLC trades at a price of $0.0016 cents. They "turned it over to the community" at 2 cents and hit the market-sell button.

He never bought any Kleros.

Now mush, wagie.

>>17548849
>you cant even imagine whats in store for v93
>t.transexual insider

>>17548849
Keep your pajeet shit coins out of this thread. This is for alts that will be here in a year.

>>17548849
CRINGE

>>17548818
Its the other way around

>>17548933
Cope asf. Unironically i believe in link tech, but no, eth needs to be 300b mcap for link to pull a 100x. Rlc is very undervalued and is a 20+x from link right now with the same potential at end mcap.

>>17543054
Eth is a full on network. Link is a scam token on that network.

>>17546282
There is no product. All a scam. Like when the dot com bubble popped. So many worthless websites scurrying to steal money from naive idiots.

>>17549061
Fucking retard!

Arbitrum already btfo iexec

>>17549510
Arbitrum is only EVM smart contracts you fucking idiot. iExec it's far more advanced and vast of a technology.
Stay POOR

>>17549547
EVM can do a lot of complex calculations, but it doesn't because it's expensive on-chain, hence Arbitrum. Chainlink's TEEs also will also perform all kinds of complex calculations.

>>17549594
You don't understand arbitrum nor do you understand iExec apparently.
STAY POOR.

>>17549602
You refuted nothing.

>>17549618
It's been refuted many times before and I already told you arbitrum has zero to do with what iExec is doing. Cope harder.

>>17549627
Both are performing off-chain computation. You think its more different than it actually is.

>>17549644
There are many different types of computation brainlet, in this case arbitrum is only capable of shit tier computation.

>>17549663
It does a lot more than you think, especially for what's needed at the current moment. Also, chainlink oracle can run using TEEs so no more need for an additional layer in iExec.

>>17549695
You clearly have zero clue what you're talking about.

>>17549701
Explain why chainlink could run using TEEs when iExec is using TEEs themselves?

>>17549723
Explain what iExec is, then explain what link is, then explain what arbitrum is, then maybe you'll understand that they're all different and in fact link needs RLC for high performance computing and access to the iExec marketplace in the future for added usage of link oracles.

>>17549735
Your problem is you think chainlink oracles are only for data when in fact they will perform decentralized computation. iExec does not have a moat around this like you think.

>>17549747
They will perform decentralized smart contract computation written in EVM, big difference to what iExec is doing. Not only that but iExec is a marketplace for many things that will never be possible with link.

They are specifically built for different purposes pajeet.

>>17549747
My favorite thing on biz is retards like you that think you understand a lick of technology but are clearly just emotional investors wanting to get rich quick so you think link is the end all be all. Kek.

>>17549758
Arbitrum won't be the only type of computation. They talk about computation with TEEs, which opens up a new range of functionality. You run those in different clouds and you have a computing network. People could start onboarding their sotfware to offer new types of computing models since chainlink has very general core software

>>17549747
If that's valid eth could do what link does and it has a first mover advantage so link is worthless as well. Linkies are so fucking smug because their shit coin mooned after years of it being a stable shit coin that they're married to it. Look at the fkin market cap relative to eth. It's over valued.

>>17549778
Ohhhhhhh so now arbitrum isn't the iExec killer you thought it was so you're gonna default to MUH TEEs. Kek.

Right, if link was as malleable as you thought they wouldn't have partnered with iExec for an insurance processing dapp.

>>17549797
No not changing as Arbitrum will solve most contract needs. Where it doesn't, TEEs will.

I doubt it's a partnership. Probably just making their systems compatible for users that might want to leverage them together.

>>17549836
Lol you're an idiot and don't even know they partnered. Top kek.
Right dude keep holding Link and don't buy any RLC, I don't care

>>17549844
You shall see over time

>>17549849
You'll see this month faggot hahahaha stay poor

>>17549853
Just like I saw in V1, V2, V3... it's all so tiresome

>>17549849
You're probably one of those retarded autist that thinks link is some new world order movement. As a former link. Holder rlc is the better investment today.

>>17549900
All versions gave solid returns if you sold the tops.
POOR stay.

good coin good team, we rich soon