/biz/ - Business & Finance

Price suppression before the coinbase listing

Do not worry fren, comfy 52k

>>24426158
52k what?

>>24425951
Yeah and its starting to get obvious binance is doing it for some reason

>>24426158
>frog
based. what do frenchies think of iExec?

>>24425911
retarded here
what does it happen?

>>24427266
It looks like someone is keeping the price where it is, heres link's chart for something more natural

>>24427863
well what is the difference in the 2 orderbooks? I can't really see any anon

>>24428198
gap in the middle

>>24425911
what am i looking at here? can someone explain to a brainlet like me pls?

>>24427863
>>24428245
ah okay suppression on iexec RLC by binance, got it thanks

i have 12k rlc

>>24428245
Updated

>>24425911
Suppressing the future

>>24428395

>>24428446
Based oily ID colours. 2021 is our year. I can feel it in my balls - theyre tingling

>>24425911
>>24427863
>>24428395
>>24428482
Can somebody give a brief explanation on how to interpret these graphs and orderbooks? I dont use binance - just CMC for price monitoring and CB and Uniswap for purchases

>>24428673
Theyre buy orders and sell orders, whats not to get. Hint green one is buy and red is sell

>>24428673
Also this is cryptowatch not binance but its showing the binance chart. Also binance owns most of the rlc

>>24428763
So what is the significance behind the gap for RLC? Am I just dense? Im not getting it

>>24428673
The price is being supressed by binance. They have hug sell order that automatically go up everytime it goes up .005

>>24428241
Things that have lower volume can have a bigger gap because they are less liquid.

>>24428673
You cant really interpret anything from just looking at it like that, you basically have to watch it and see how the orders go in, where they go in, what orders fill and how the books change in response to price.

>>24429035
Now I can see it. I was focusing on the gap in the middle and didnt see the stepped sell-offs in line with the price points. Thanks for spoonfeeding me bro, appreciate it

>>24429148
I agree you have to watch it as it moves. Ive been keeping an eye on it for the last 2 hours or so and its definitely something thats automated.

>>24425951
THIS
>>24426158
>>24426158
Based
>21 million RLC
Wow it's almost like RLC is the next bitcoin tier gains, and the universe is telling us with numbers.

>>24429153
No problem, the more knowledgeable the board the better in my opinion

>>24429225
This is a bullish sign seems binance thinks its going to be big. I think once erlc comes out will get the instructions investing big time

>>24429279
Institutions**

>>24429279
If iExec gets any form of enterprise adoption it will 1000x in 8 months like ETH did

>>24429312
Sorry, 1000x from the bottom which was around 20 cents, so 200$ per RLC.

>>24429350
Yeah i think binance knows this so theyre keeping the price down to make a huge profit. Its one of the few undervalued assets in the cryptospace

>>24429442
Yeah, you gotta wonder how much of the supply they actually own. A lot of that 21 million is probably owned by users.

>>24429350
You think 200 is the ceiling? Surely the limited supply and enterprise involvement would grow the mcap far bigger tham anything of eths 2018 era? Not looking for hopium - serious question

>>24429643
I think 1000x is a meme number but 200$ per RLC seems actually realistic of a number medium term. Long term? Sky isn't the limit. The next universe is.

iExec is magical in many ways, I could go on....

>>24429643
100-200 is a safe bet more than a year down the road it could go higher, depends on use. If its the next big thing in crypto it could go up to 12500 but thats an 100 billion dollar mc so if its widely use i could maybe see it hitting that

>>24429187
It could be whale bots dumping their bags.

>>24429809
Only btc is above that amount know but its definitely possible

>>24425911
>>24425951
>>24426158
>>24426199
>>24426239
>>24426242
>>24427266
>>24427863
>>24428198
>>24428241
>>24428245
>>24428292
>>24428395
>>24428446
>>24428482
>>24428513
>24428513
>>24428673
>>24428763
>>24428810
>>24429010
>>24429035
>>24429035
>>24429148
>>24429153
>>24429187
>>24429225
>>24429252
>>24429279
>>24429309
>>24429312
>>24429312
>>24429350
>>24429350
>>24429442
>>24429506
>>24429643
>>24429718
>>24429809
>>24429822
Bagholder cope

>>24429822
Maybe but i doubt it plus binance is the biggest whale so probably them or the iexec team

>>24429809
100b is 1200$ or so. 1T is 11490$.
iExec can reach far beyond 1T though, due to the fact that it is the only and most advanced way to connect clouds, IoT, and data among other technologies that are going to be pushing trillions of dollars worth of value over the next 10 years.

I truly believe that crypto will go beyond 100T in the next 10 years and iExec will take at least 5-20% of that marketcap due to the insane amount of use cases and the fact that it's essentially the powerhouse for ETH

>>24429929
Also if literal shitcoins can go past 100b iExec can easily do it with a little bit of usage and a lot of hype surrounding "investing in blockchain technologies" because iExec IS blockchain tech.

Im so bullish Im seeing stars

>>24429961
ahitcoins makers wash trade them to meme billions

>>24430137
Makes sense, but still the price was way higher than it is now.

Either way, 100b is NOTHING. It's a fucking drop in the bucket for iExec. Everything it's capable of, all of the development, it's all building up to a point and that point is now.
If you put 1000$ in RLC right now you will be a millionaire. I GUARANTEE IT.

>>24430206
il like your enthusiasm btu ive been in RLC since early 2017.
I've been waiting a long time.
I'm not selling, but adoption isn't here yet, organic growth neither.
It will take a LONG time, 5years plus to have any significant returns.
Most of you guys will sell before then.

>>24429187
Yeah, not saying you were wrong or anything, but I think in general it is a lot easier to see the bots in action in the lower liquidity coins, especially when you look at how they react to price changes on other exchanges.

>>24429929
I meant 1250 my bad

>>24430272
I have been accumulating for 4 years.
You are fudding with the 5 more years trash to see significant returns.

9 years total? My ass. Maybe for 1T marketcap, but not 1000$ RLC.

>>24429809
1250 not 12500 my bad that wluld be over a trillion

>>24430272
Idk about all that dude. Blockchain is fucking here. Its matured enough to garner adoption. You better get right with God because youre about to take a space shuttle to his doorstep

>>24430272
And what even """"if"""" it takes 5 years to get good returns, 5 years is a blink of an eye when you compare whit assets like stocks, bonds or a house to get massive returns. I just don't get why would binance supress the price.

>>24430607
Initializing launch sequence in 3... 2...

>>24430607
Sure, but another 5 years is basically bitcoin's existence to 2017 20k BTC

crypto is like the internet boom now, we are just entering it though, things will get crazier since its money AND technology AND internet

>>24430607
For profit, it could be a whale too. Look at the order book theres an obvious bot whenever the price moves half a cent

>>24430607
>>24430765
Yeah this whale(I think it's a single whale) has been suppressing RLC for a very long time. I assume he only has around 2M RLC though.

>>24430472
>2017
>>24430426
keep coping
>>24430607
you will sell, most itt will sell before 2027. I guarantee it.

anons that have recently bought rlc make me laugh, we og's have been in rlc since early 2017.
You guys have no clue.
Take it from me, rlc has a long long way to go still before we make it.
I see so much impatience on this board, it's ridiculous.

>>24431019
You literally bought and held during development phase, your entire scope of reality is conditioned as such, forever "in development"
Meanwhile us adoption phase holders are actually you know, in reality and clearly see that the time is coming, and it's coming quick.

>>24429929
Yes and I truly believe there is a spaghetti Monster in the 7th dimension that governs the laws of space time

>>24431104
no one is using their tech, go check the pool worker explorers, no or very little activity
you can keep coping thinking you're in adoption phase, you're not
it will take a long time

>>24431019
>rlc has a long long way to go
>has already been in development for around 5 years
pick one

>>24431145
>we og's
>then fuds "you can keep coping thinking..."

You need to fuck off. Please sell

>>24431157
por que no los dos?
>>24431181
cope

>>24431145
WHAAAAAT??
The testnet is used daily and the enterprise marketplace becomes operational early 2021
Why would mainnet and sidechain be active if they just entered adoption phase and havent even activated the enterprise marketplace yet which consists of their target providers/consumers
Not to mention us legal approval and AMF approval, we dont have that yet. So again why would the marketplace be active if users are waiting on compliance so they dont get fucked by regulators using it
Eth 2.0 is here
Bitcoin is passing 20k
Investors and big tech is eyeing blockchain
They all want in
This is their chance and the waiting game is for the most part, over.
This "wait 5 more years" shit is out of touch with reality. In 5 years iexec will be a household name

>>24426158
HOW DO YOU SEE THIS PLEASE EACH TIME I ASK NOBODY ANSWER ME

>>24431206
I guess you'll find out Q1 huh
Also
>RLC is the only coin that needs adoption in the entire cryptospace in order to moon
Kys

>>24431284
>The testnet is used daily
By nearly no one and daily? LMFAO no
>And the enterprise marketplace becomes operational early 2021
My sweet summer child, do you believe it being operational will attract companies? Iexec have had their tech ready to go for years, no one is using it
>Not to mention us legal approval and AMF approval, we dont have that yet.
Exactly, it will take many many years for the US to make rlc compliant. It might even never happen worst case scenario.

5 years is me being very optimistic because as an og holder, i'm biased

>>24431297
>RLC is the only coin that needs adoption in the entire cryptospace in order to moon
Literally yes, if you hadn't noticed rlc has been supressed by a white whale for years now, no adoption => the white whale will be in control

I'm thinking the white whale is doing the supression specifically because he or she believes adoption is key for the long term (no pump and dumps)

I think ive said enough(remember ive been in since the very beginning)

>>24431409
>Literally yes, if you hadn't noticed rlc has been supressed by a white whale for years now, no adoption => the white whale will be in control

>RLC cannot be speculated on or the supply bought up
Literal retard

>(remember ive been in since the very beginning)
No one cares. I was in pre-2017 pump.

>>24431439
seethe more

>>24431375
"My sweet summer child, do you believe it being operational will attract companies"

Literally yes. The amount of money flowing on blockchain already, factored in with how much is PREDICTED to flow on it, absolutely yes, high profile companies are looking to get involved.
With iexec they can do that, and with complete legal compliance, AND do it with their pre existing tech.
And as far as computing providers go, it gives centralized providers a way to "plug in and power" blockchain, opening the doors to a slew of new dapps and usecases, further facilitated and made possible by the scalability of the iexec side chain and promise of eth 2.0

There is realistically no way you can convince me otherwise. Its about to go down.

>>24431375
The test net is used daily but the traffic is low.

They have not had their tech ready to go, its ready to go in feb 2021 look at the website asshole

>>24431409
You’re saying the ceo chick is responsible, at least in part, in keeping the price low so it doesn’t pump and dump and damage the brand.

>>24431763
Kek we have a real chad by our side then

I am unironically all in on this shitcoin with 25k RLC, I've picked my horse, time to let it fucking run

>>24429880
Fuck off u weird cunt

>>24431375
I also scooped my first barrels in 2017, I think you're missing the point.
Gilles has stated the tech is complete, though of course they will continue to improve it.
We are quite literally waiting for February 2021 to catapult adoption onto the platform.
If the eRLC swap fails and there is no demand then 5 years won't matter.
The tech and team are there, the next 6 months are unironically critical for RLC

>>24431291
>HOW DO YOU SEE THIS PLEASE EACH TIME I ASK NOBODY ANSWER ME
viewbase