/biz/ - Business & Finance

A store of oracle value

>>28552915
iExec has oracles with TEE SGX and staking.

This shit FUDs itself
>shit name, token is literally called "Runs on Lots of Computers"
>likens itself to oil, in times when oil is losing its value every day and being substituted by more efficient things
>terrible marketing
>years later still has nothing to show for itself
>zero relevant partnerships
>$2 regulated stable oil

>>28553699
>fudding a rank 150 coin

>>28553880
it's almost out of the top 200
I feel sick to my stomach.. been holding RLC since 2018
missed so many opportunities... but I will never sell
NEVER
FUCK YOU ALL

BLACK AND YELLOW BLACK AND YELLOW

>>28554110
>almost out

When it goes up it'll go up rapidly. If you look at the volume/decline of whale sell walls on binance about 300k barrels were removed from the sell wall in the past 24 hours. The shot from 2 to 4 will be quicker than the shot from .7 to 2 and the shot from 4 to 40 will come faster and harder than anyone expects once there is no more resistance+CB listing.

SOMEONE IS ACCUMULATING

AND IT'S NOT /biz/ (because they still meme about how it'll never go past ATH again, then will get pissed because they sold).

its dog shit

>>28555290
As an ex-dogshit poster, it's time to stop. Stop the FUD and let RLC moon

>>28555015
>>28552535
dont forget you are daily dose lads

https://www.youtube.com/watch?v=pqYLzlw8Pvc

WEWWWWWW LADS *bump*
I'M COMING THROUHHHHH

>>28555015
OOH, A HA, YOU KNOW WHAT IT ISSSS

>>28552535
>A store of digital dog shit

>>28555733
HIT THE PEDAL ONCE MAKE THE FLOOR SHAKE

People talk about $1000 oil but how would that happen? That’s a marketcap of 82 billion.

>>28552535
A store of computational value anon

>>28555884
YEAH UH HU, YOU KNOW WHAT IT ISSSS
RRRTANG I DO, I DO BIIIG!

>>28556977
*IT
.
.
fak

>>28556977
THEM NIGGERS SCARED OF IT BUT THEM HOES AINT

>>28556240
Incorrect. Supply vs. mcap would put this at somewhere around 120 at 6 billion, so 1000 stableoil would be around 50 billion.

However this discounts the fact that the nature of eRLC is that it's supposed to be taken out of circulation and staked as a token for payment of usage of the Iex.ec network, which on a large enough scale of usage would significantly contract the supply of barrels.

Further because RLC is sought to be marketed directly to major universities and corporations to solve Boolean problems and Fog/Cloud computing in a decentralized fashion, the general idea is that where BTC institutional investors are merely accumulating in order to control a stake in a developing speculatory technology that can only do 7 transactions per second, the actual Iex.ec/RLC technology does far more and has greater real world desirability as digital oil and thus institutional investment comes in the longer term specifically to acquire the services Iex.ec provides.

Essentially all other crypto is either incestuous, speculatory, gambling or at attempt to escape banks/the government financially, but Iex.ec is one of the few that has a working product (this is important because pajeetim will try to shill dozens of RLC-knockoffs which 'do something similar' but have no mainnet or working product) in a sector of the global economy speculated to go to 3 trillion by 2030 (300 billion now). This is also keeping in mind, as a store of value, it would also be involved in the same markets as the rest of crypto. But with a real world usecase (not "it keeps the blockchains running so you can buy more shitcoins on uniswap" like eth/eth clones) it has a greater likelihood of moonshotting to infinity.

Keep in mind also unlike shitcoins like XRP (waah trumpy said the ceo was dumping on us and he killed our coin!) and linkies, RLC has been seeking SEC approval since the beginning before listing on US exchanges. The limited supply will force a supply shock when it happens.

The methanon meme thread earlier today convinced me, I'll build a stack the next several pay periods and hold long. I don't swing.

repeat after me
THE
DOTB
WILL
MELT
FACES

>>28557454
Good reply

>>28557519
methanon was a manufactured larp to shill this dogshit

What's the current price?

>>28560358
$2.02

DIGITAL DOGSHIT