/biz/ - Business & Finance

>>29339193
Normies don’t want to handle this, so holofuel / HOT is born to solve this problem.

You have a world of warcraft forum and there is 100 users that run a part of the app in their pc, they all come together and you the developer and owner of the forum don’t need to worry about paying some cloud service to host your application because the users of your forum are doing this, so everybody is happy

But you want to expand and wants to make your forum accessible to everyone on the internet, so you go to marketplace and rent a pc and pay in holofuel, the owner of this pc will host your app and expose to the normal internet, so when a normie wants to access your forum they can go to chrome and type https://youlameforum.com, the pc rented will receive the request and present the normie the app, the normie will have access, you put some ads and pay the host with holofuel

Now the most important part, who is going to define the price of holofuel / HOT? The fucking hosts renting their equipment to host the apps

Why is this important? Because think about it, Bob wants to charge 10 holofuel to rent his pc for 1 week, Alice sees this and charges 5 holofuel for the same amount of computational power, now 1 holofuel will buy double of the computational power, so 1 holofuel will have doubled in value compared to fiat because it can buy double the power

Hosts have all the reasons in the world to charge less and less holofuel because demand will be low at first, so they will compete with each other and holofuel will buy more and more pc power making holofuel be worth more and more

Market cap does not matter, traders doing their little thing also. The only thing that matters is how much a host will charge for a set amount of computational power

Holofuel is going to reach 1 dollar and is going to be fast as hell, as soon as beta is open people will build apps with holochain and hosts will make the value of holofuel skyrocket

sounds like golem and i know very well where that garbage went

pump my bag
the thread

>>29339527
golem is a blockchain, holochain is a framework, holofuel is a payment system

>>29339578
jesus fuck I'm giving this info for free, DYOR, I know this shit is going to pump, I'm trying to help you you fucking moron

>>29339193
based OP, thanks for the info. Got into this a few months ago and sold my stack like a fucking RETARD. I've been getting back in for the last week. bump for interest

>>29339986

>>29340043
FUD more, the tranny is gone since jan of 2020

>>29339193
You're doing god's work, anon. The faggot jannies don't allow me to make threads, so I can't educate these newfags. The only thing I can do is reply to threads to drop redpills.
Also use this in your quest to educate the cattle.

>>29340478
I'll anon, great to see some OG's back

>>29339193
150k hotchad here

I only have 60k lol how much is a suicide stack

>>29341209
1 mil

>>29341100
>>29341209
this is sad, frens. Back in the day we used to joke about this scenario, that people will come on biz and talk about their 100k stash. For reference, the suicide stack was 1 million and the make-it stack was 10 million. Anything above 10 million is gigachad and ultrachad territory.

Wait for a dip and get at least 1 million. It costs like 3k now so you're technically not priced out yet.

>>29341482
one can only dream anon

>>29341482
Based. I remember anons with 100m HOT back in the early days, get at least 3-5m if you're serious. Also fuck jannies for banning/deleting HOT threads, you had 2 years to accumulate..

>>29342203
>I remember anons with 100m HOT back in the early days
many of them are no longer among us kek

Yep, janitors must be on the sergey payroll as they ban or end early most hot post especially if you mention how shitty chainlink is