/biz/ - Business & Finance

>>23942526
To explain a bit more, think of BITCOIN.
There are only about 16M BTC remaining in the world from what I understand.

RLC HAS COMPARABLE SCARCITY WITH INFINITELY LARGER POTENTIAL USE CASES

>>23942545
Also another interesting tidbit of info

RLC had around 3500 wallets in 2017 and now there IS ALMOST 18.5K WALLETS

If 18.5k wallets have an average of 870 RLC that is 16,000,000 RLC!!!!!!!!!!!!!!!!!!

What's gonna give this the "push" from 1 dollar stable coin to like say 100 dollars? Curious, not fudding or anything

>>23942617
I have no idea but if the supply keeps getting eaten up I think it's inevitable.
Coinbase listing will send it 50x imo

>>23942617
This. Why would it moon? I own RLC btw

>>23942617
If coinbase lists it. Which we don't know yet. It'll jump up to at least 50 based on the supply. But it'll take some time because people holding since 2017 will want some money. It pretty risky but well see.

>and also a millionaire.
That would mean a market cap of $28,000,000,000. Dream on moonboy.

>>23942700
A literal shitcoin (XRP) went to 180b marketcap

>>23942700
>He doesn't know the addressable market for cloud computing already exceeds $400bn annually
>He doesn't know this is projected to grow to $1 trillion in the next 5 years.

What marketshare would iExec be required to capture for the protocol to be valued 1:1 per dollar earned (an insanely low valuation for any company)?

2.8%

Do you think 2.8% is unreasonable?

Seems conservative to me personally.

>>23942863
It's extremely conservative when you consider the grand scale of things iExec does and also the fact that these multi-trillion dollar corporations are going to be using it at some point

>>23942863
>>23942882
>if these incredibly unlikely things happen, my shitcoin will be worth a gazillion dollars
Just proving my point really.

>>23942882
Of course.

Considering a 1:1 annual revenue to stock price is conservative.

Considering they capture less than 5% market share is conservative

Even the projected addressable market value is conservative and will only continue to grow.

There are a few generation-defining investment opportunities available in crypto and iExec represents one of them.

>>23942976
>incredibly unlikely
Uh you realize most of these multi-trillion dollar corporations are already involved with iExec....right anon?

What's 25000000x
where x = shit worth 0

>>23943005
you had 3.5 years

Do you know that the transaction fee that is paid in Injective Protocol is used as a reward for relayers for driving liquidity to the protocol and they are also used to serve as auction collateral for a "buyback and burn" process

>>23942998
>involved
Yes, in the same way that Vechain was "involved" with McDonalds

>>23943038
Not in the slightest, iExec is actually involved and working alongside intel and google

>>23943019
and I didn't buy a single doggy bag

>>23943070
Yes, """""working along side"""""

>>23943085
Look anon, I don't give a flying fuck if you buy or not, but to ignore obvious searchable facts is just pure retardation

>>23943085
> yes
> working
> alongside

https://builders.intel.com/ai/membership/iexec

>>23942526
we already have digital oil in abundance. price tend to move to 0 when something is in abundance tho. why would this be different?

I would never get into smth that IS NOT deflationary in nature. NEC, BTC (you can argue with lost coins) are definitely this.

>>23943100
Wow, what an exclusive "partnership" https://builders.intel.com/ai/membership

>>23943126
>I would never get into smth that IS NOT deflationary in nature.
Hey retard, RLC is actually deflationary in nature, as the network grows, the need to stake RLC grows, and thus the market-available RLC shrinks. Imagine 100 million computers staking 5RLC per, you can imagine why this is going to eventually be worth tens of thousands. The digital future computing marketplace will grow so large you'll probably kill yourself for not having at least 870

>>23943129
>exclusive partnership
This is how I know you're a fudding retard. Stay poor

>>23943159
Yeah I am fudding, because I'm an honorable guy and don't want to see anyone lose money on this shitcoin.

>>23943159
>Stay poor
It's a piece of garbage that has contributed nothing to this space, even as DeFi takes off and revolutionary projects like Aave and Uniswap are being born. It has produced literally NOTHING despite being around for years now. As far as I can tell the project is centralized, it went down for maintenance prior to the new version. So why the fuck does it even have a cryptocurrency associated with it? Why not just charge people in ETH?
How is a pre-printed piece of shit that has no notable functionality anything like oil, a scarce commodity? And another problem, smartcontracts are public. Tou really think movie makers and big companies will render their movies and shit on iExec where the information can be intercepted? It's fucking useless DIGITAL DOG SHIT.

>>23943190
Go off king

>>23943188
>I care about people on an anonymous mongolian basket board
>>23943190
Cringe fud, debunked

What happens if a big company wants to adopt iExec and needs to buy millions worth of RLC but nobody us selling?

>>23943253
That's the thing anon, if no one sells at certain levels, then the price will moon outlandishly.

If most holders agree "this is digital oil and it allows me to utilize a world computer, thus the price must be something very high", then the big company will need to set buy orders higher and higher until people fill them.

>>23943269
But why would a company adopt a solution where they can't buy the token they need?

>>23943253
>>23943269
also consider this scenario too
Even if people start selling, they probably wont all sell at the same time, meaning the demand will probably always outweigh the supply on exchanges.

RLC will probably moon to very new highs soon

>>23943310
They can buy it, just at certain prices, just like how you can buy BTC for $16k, or buy $50 worth.
1RLC can be 11490$ and allow for a ton of computing power, or you can buy 10$ and get a small amount

>>23943320
>1RLC can be 11490$
no

>>23943395
Yes it can
If you faggots can meme about LINK 1000$ at a 1T MC when it's a centralized oracle then we can meme about RLC at 11,490$ at a 1T MC when it has better oracles and tons more tech

>>23943411
"if we can meme then it can"

>>23943428
It actually can though if you look at the potential value of the cloud and other markets iExec will have a hand in

>>23943431
i'm a rlc holder myself but i know that $10000 per RLC is just a dream.

>>23943477
Wasted get. You should feel ashamed. Not everyone can understand I guess... You'll probably sell too early :/

>>23943477
agreed. $300 eoy 2024

>>23943484
That's just bad fud at this point. 300x for a coin of this magnitude is baby shit

>>23943484
lmao nigger you're crazy
it'll be $3000 already mid 2022

>>23943484
a 300x in 3+ years, that's really low balling rlc.

>>23942657
>>23942669
>>23942676
>>23942882
>>23943269
>>23943312
my god you guys are fucking delusional
you know that decentralized cloud computing is nothing new? and that there are other, operational, older blockchain based DCC projects out there? iExec is not an innovator, it's a competitor in a market that hasn't made money to anyone in 10 hears

>>23943567
>you know that decentralized cloud computing is nothing new?
iExec is literally the world's first decentralized cloud computing marketplace

>>23943567
> you know that decentralized cloud computing is nothing new?

Of course we know. Gilles PhD from 20 years ago isn't exactly news anon

>>23943567
nigger tier fud, boring

>>23943567
>it's a competitor in a market that hasn't made money to anyone in 10 hears
IExec will be the first success to pool to together computing from decentralized sources (clouds, private hosters, basement dwellers)

thanks for confirming IEXEC is the breakthrough tech.

>>23943596
Based anon, iExec beats all other "competitors" and it's clear since intel is interested

>>23943428
>quotation marks

>>23943567
people always FUD with using the arguments of "oh it's not needed, no point in decentralised cloud computing" "can't compete with already existing centralised infrastructure" blah blah blah, yet you all fail to realise that iexec is the FIRST
and only MATURE cloud computing infrastructure to offer DAPP usage on top off a cloud based infrastructure. Think about ALL the current existing companies that will MERGE their already in use cloud infrastructure, with iexec to take advantage of DAPPS amongst other services offered by Iexecs marketplace in the future.
It's not necessarily about taking away market share from pre-existing services like AWS. It's about coexisting with them.

Anon I don't think you were supposed to drop this info pack so early, the china whales are still accumulating and you are messing with their plans.

>>23943572
You love to see when the FUD doesn't even have basic facts straight.

>>23943878
So 50ct in week at most?

>>23943922
it's not going under $1 ever again anon

>>23943878
RLC fuds itself by existing

>>23943878
is it even possible for blockchain dApps to integrate with mainstream cloud provider for cloud computing resources? if it is ONLY possible with iExec then iExec is likely to become the main player in the cloud computing industry in the future. So 500 billion market cap, but scarcity will propel it to 8.7 trillion perhaps. How much would 1 RLC be worth in that case?

>>23943993
At an 8.7T MC 1 RLC = 99,963$

And from what I understand, blockchain dApps cannot integrate with mainstream cloud providers. That's kinda why iExec even exists in the first place.

This article is from 2017 but kinda explains it from what i remember https://hackernoon.com/blockchains-need-iexec-the-market-just-hasnt-realized-it-yet-5597c743cd0a

>>23944012
oh sure iexec will have a marketcap about the half of the US GDP.

>>23944012
holy shit! 100k for 1 token hahaha, people be like, imagine owning 10 RLC tokens lol, insane future ahead it seems for RLC hodlers! NSMDO!

So iExec is a vital element for the blockchain future. You can't implement dApps without computing resources, besides, iExec does a lot of other things too. There is no valid reason why Chainlink is worth so much while iExec is valued so low?

>>23944082
The guy asked a question and I responded with the answer. It's simple math, not whether or not it's going to happen.
Crypto will probably have well over a 100T valuation within the next 30 years so it's possible

>>23944082
it's on a worldwide scale, if iExec becomes a monopoly it will become like IBM or Amazon on steroids, the market cap of future enterprises are likely to dwarf current market caps

>>23944087
>There is no valid reason why Chainlink is worth so much while iExec is valued so low?
The only reason I can think of is that LINK generated a lot of traction with the community and the mainstream caught on, while RLC sat in the shadows developing a working product

>>23944012
Its not going to that price. Chill let's shoot for 10

>>23944254
it's not fair, can't we sue them for discrimination or something?

>>23944334
I will sue sergey myself once RLC gets into the top 5

>>23944411
based and checked!

I want the 44444

44444 get!

>>23943572
>>23943574
>>23943582
>>23943596
>>23943637
>>23943878
Golem

>>23942526
>If there were 25M RLC left, that would mean only 28,735 people could own 870 barrels.
>BUT THERE'S FAR LESS THAN 25M
>Meaning, if you hold 870 or more RIGHT NOW you are going to be a top 1% holder in a few years, and also a millionaire.
Why 870 specifically?

>>23944491
You mean the shitcoin that needed to completely redo itself because their initial vision was a flop?
>>23944504
Because if you're one of 28k people that have 870 then you have well over the 1/100,000 people threshold

RLC is goated

>>23942526
5 to 6 mil is traded and swinged at most other 20mil on binance just smooth brains just keeping them there

>>23944603
yes, and also targeting exactly the same market as rlc
except 3 years ago

What's a good mobile crypto wallet?

>>23944733
pee pee poo poo atomic wallet binance

>>23944691
That's what I'm thinking.
>>23944701
Nah iExec does so much more

>>23944748
>Nah iExec does so much more
that's when i ask you what more does it do and you reply with dyor
hopium thread

>>23944768
well some anon in the past build chainlink on IEXEC in 2 weeks just to test out how Iexec works...

>>23944768
It does so much I'm not going to sit here and list everything and spoonfeed you

>>23944783
can confirm i built aws in iexec in 2 days.

>>23944783
Yeah price feed oracle has been a thing for a while. Link isn't special at all.

>>23942617
SEC decision

>>23944845
Yeah it's gonna be a glorious day.
iExec is the epitome of blockchain tech.

>>23944254
It's because there is currently no easy way for most amerimutts to buy it.

>>23944825
kek and you actually did it
im just glad that you're now reading about golem and seeing that iExec is a reheated concept

>>23944942
iExec is the first of it's kind nice try though

>>23944902
Can't you buy it on Uniswap?

>>23944959
yes

>>23944959
You can, but what proportion of people in crypto use it compared to coinbase?

>>23944959
>>23944980
Also I should point out that enterprise users probably aren't going to buy from uniswap, especially with the SEC question still up in the air.
A negative SEC decision is my only worry with RLC, good thing the pajeet fudders are too brain dead to capitalise on it

just bought 6000 barrels boys. what am i in for

>>23945032
im considering adding 3000 barrels myself.

>>23945030
I don't think a negative decision is possible since it's positive in the EU and they use the same shit basically

I will sum this thread up NOT NEEDED BUY PINK

>>23945054
I'm optimistic about it, I just don't know American law so can't be certain.

>>23944950
you literally can't tell me the difference between their product and golem's product. you will say the use cases are different, but the use cases are defined by what the devs do in the marketplace

>>23945136
Someone else can I'm too lazy, and the last part of what you said definitely isn't true. iExec has far more unique things like robot controlling.

>>23945159
i'm a rlc holder myself but you look like a retard.

>>23945171
Huh? iExec has robotics and ai implications. Golem doesn't from what I understand. Never heard of golem having oracles either.

Does golem even have confidential computing or data renting yet?
Honestly golem failed a long time ago when they told everyone they didn't understand the tokenomics and thought they might be bad. That's why they're making a new coin LMAO

>>23945159
>>23945178
once again you are showing that you don't understand the tech as much as you think
nothing in the iExec product inherently allows for 'robot controlling' (i assume you mean computing a physical robot's path). it all depends on the apps built on their platform, and exactly the same apps can be built on the golem platform
the only difference between the two companies is that golem advertises for the 3d rendering segment while iExec advertises dApp off-chain computing. the underlying tech is the same
i am not shilling for golem, just stating that iExec does not have first mover advantage, other similar projects exist and have failed to attract interest

>>23945320
completely BTFO by Iexec robots 2019.
Vid related
https://www.youtube.com/watch?v=VEh3JHivS10

>>23945320
iExec definitely has first mover advantage and every other competitor has died off, kek

>>23945456
so scientists developed an app that run on iExec 's infrastructure and where "the rescue robots, can be listed, monetized and managed"
now explain to me why it couldn't work on another platform, let's say golem's? or just with ROS+a bookkeeping system?
do not mislead people by saying the tech developed by iExec is groundbreaking, it is not

>>23945513
define first mover advantage for the audience

>>23945713
Golem is dead with shit tokenomics that's why it'll never work. From what I understand golem doesn't have the same proof of contribution algorithm that iExec does which is why iExec is capable of so much more.

I mean forget robots, golem doesn't even have oracles.

>>23945727
>Dance for me

>>23945727
All of the Surplus goes straight into the token value as it is decentralized.

>>23945773
>>23945776
Based

Also I don't even think golem has multi party compute. They might as well be 5 years behind in tech

>>23945766
>From what I understand golem doesn't have the same proof of contribution algorithm that iExec does
this is correct, they have some weird service called Concent (probably garbage)
>which is why iExec is capable of so much more
... why?
this is rhetorical, i know you can't answer. i don't understand why you feel like you have to make outlandish claims about iExec being a revolutionary idea
>>23945773
>>23945776
>1 post by this ID
came directly from the discord guys?
>>23945776
that's not what first-mover advantage means

>>23946036
I'm not going to play your dumb games. You can believe whatever you want to, but iExec is world shattering technology.

>>23946036
>1 post by this ID
Kek, is this supposed to be criticism? I just opened the thread the first time.
How many posts am I allowed to write before it's unorganic and I'm called a pajeet? Four?

>>23946066
good to know i'll have you to dump my bags on when this gets to 2$
>>23946087
confirmed tranny

>>23946262
I hope you sell that low kek

>>23946036
i got two words for you

stay poor.

The question is though anon
are you HODLing or SWINGing

>>23946262
I may or may not be a tranny but I'm actually not in any discord. Just kys.

>>23946480
You never be a woman

>>23946662
That's the objective

BITCH I GOT DAT IEXEC RLC

>>23942526
>SIGNIFICANTLY LESS THAN 25 MILLION RLC AVAILABLE
Next price swinging point knowing this information?

Need more time to accumulate please

we need a chain of mainstream adoption happenings. Anybody knows anything regarding that?

>>23948001
rumor has that amazon has been secretely usin iexec for years now.

>>23948301
if that were true we d be at a few billion dollar market cap already

>>23947769
dont worry youll have plenty of time to buy at 50 cents

What’s the suicide stack for this?

>>23948756
4 meters of rope

>>23943019
Try 19

>>23943100
>>23943129
Type Blockchain in the search bar...
Also, you anons don't seem to understand what the AUTORITÉ DES MARCHÉS FINANCIERS (AMF) is...

SEC + Coinbase listing coming. + Adoption by major players. This is going to double digits anon I dont know what to do if you don't see it yet....

>>23944980
i stopped using coinbae because of the high fees. but man coinbase is the easiest to use and most accessible for us burgers

>>23942526
>deflationary
wow, what a genius. such a usefull feature to have. totally not a ponzi

>>23948756
suicide stack 87
make it stack 870
upload stack 8700

>>23943190
This fud is bullish as fuck. It's pretty obvious you're a bag holder to anyone in the know, but I appreciate your work. If people fall for fud this low tier, they don't deserve to be a sheik.

>>23950354
wrong. add a zero to all of them.

This was foretold

>>23951152
Fuck off you have no idea what youre talking about

I fucking told you this piece of shit couldn't hold $1

>>23951514
it is tho
but it doesn't even have to
get rekt swingie

>>23949037
>Coinbase listing coming
Is that just a rumor or what?

>>23952145
If you look at their adoption roadmap you'll see the "US legal opinion" which means they're getting a "is it a security? yes/no" answer and due to them being approved by the AMF (french SEC) they'll 100% guaranteed get the SECs approval and therefore it'll get listed on Coinbase

>>23952190
Did link or golem had approval by sec? If not so why the fuck are they listed?

Because they only do crypto to crypto. RLC is designed for companies to use

>>23952236
By that logic sec has nothing to do with listings and all this bs listing because of sec means shit

>>23952265
True, but it is an important step towards the listing, because being compliant in burger town means you get to play with the big boys like Nvidia, IBM, Ubisoft, ... Which means burgers will want to buy it and hold it, therefore Coinbase listing is imminent

>>23952265
Not linearly linked but its helpful for sequencing and getting maximum traction. If SEC comes through saying burger firms are free to use erlc, it'll increase 1) visibility amd 2) trust and prestige. Getting a CB listing afterwards makes great sense for price action amd expanding the retail market.

>>23952291
Its not even fair

>>23952607
I don't get what you're trying to say, what is not fair?

>>23952621
RLC is the Joe Biden of crypto

>>23952666
What?

>>23952666
you must be drunk sir

>>23951669
what was that

>>23951669
>get rekt swingie
RLC just dropped >10% in sats in a couple of hours. Swingers win again.

>>23952666
Joe Biden did nothing for like 40 years.

>>23953198
Aha now rebuy swinger and no your 1000 bag counts for nothing. i could not even get back 1/3 of my bag without bumping price to pre "dump" levels

>>23953218
Exactly. But he still won.

where do you store your RLC my oily frens

we're gonna make it fellas

a

don't forget to join the RLC Fags discord, a magical place where we post about RLC

https://discord (dot) gg (slash) 69mXEFB
it's fantastic

don't forget to join the RLC Fags discord, a magical place where we post about RLC

https://discord (dot) gg (slash) Rt4qm26vEF
it's fantastic

>>23954201
"Fags" kek alright you're a cool nigga

>>23953625
i keep it in binance but will move it to a wallet soon

>>23953961
love me some sean connery memes

It blows my little peanut brain that only 8700 people can have 10k and I have 10k.
The wind... IT IS BLOWING!!!

I ran the numbers. We are all going to make it.

Thankfully I have enough RLC to upload generations to come brains to the cloud

>>23954932
Dude take it off binance they are using your coins to suppress the price and also you can lose all of them when binance gets hacked next year...
>>23955089
Right and it's way less people since most RLC is almost gone

>>23955408
Almost feels too good to be true..

>>23946453
both, I swing MAX 10% of my stack though as I'm scared the day of the barrel will come sooner than expected

>>23955588
That's always the problem with this coin. Day of the barrel will come leaving many behind

>>23943567
>>23944491
>>23944701
>>23944768
>>23944942
>>23945136
>>23945320
>>23945713
>>23945727
>>23946036
>>23946262
>thinking golem has first-mover advantage
(like it actually matters, see AltaVista)
>he doesn't know that iexecs core has been in development since 2001

lmao, see pic attached

>>23955618
Day of the barrel lmao

>>23955588
day of the barrel lmfao

>>23955588
digits witnessed
DotB is upon us

>>23951367
No he is correct. You want to make it then you got to put the cash in to get the serious returns.

DAY OF THE

>>23955920
BARREL

>>23955920
>>23956116
Kek. Dk memes are the new meta

>>23956131
there's not really much competition right now but RLChads definitely have the best memes

>>23956214
It uses to be Link with the best memes but since Link exploded in popularity the meme quality has gone done.

>>23956500
checked and correct

I request "day of the barrel" memes

>>23956214
>>23956500
I noticed this too. Much less link memes, and link posts overall, and way more RLC posts and memes.
We are all going to make it

I'll buy it only if someone gives me a good buy-in zone. I will disregard any moonboy that says "Right now". Especially, since it was 69 cents the other day

>>23956582
fuck off no one gives a fuck if you buy in or not retard lmao

>>23956582
It's a 1$ stablecoin, so you have to buy now.

>>23956582
Next week, or in general when lockdowns start coming up the country. Another flash crash is imminent.

>>23956582
moonboy here
I sold my swing stack just above $1 here so you know my bias but I would honeslty wait for btc to retrace to around 14k then go in

>>23956670
>>23956727
EPIC thanks

>>23956727
>>23956773
kek stay poor

>>23942526
$.50 is the buy in price. You can swing until then, but when it hits $.50 grab a bag and don't let go.

>>23957304
you're like a year too late
even recently I don't think it went lower than 65c anywhere
You just missed the dip you're talking about

>>23955801
Day of the barrel will never come.
But every dog has his day

>>23957334
how is it too late it legit just dipped 50%.