/biz/ - Business & Finance

>>53156068
all in is always retarded fren. even the pro poker players don't risk that move without absolute certainity. do you have the AA preflop? that's when you can risk going all in.

>>53156522
The reason I went all in is because I have nothing to lose and I'm young and the upside potential is big. It was only 12k but I could make that back

>>53156068
Its a retard scam on par with hex/hbar/shib/lunc/haircomb/avax/ada/sol/near/mina/bnb

>>53156539
should have bought some bitcoin, maybe monero too. if this flops you will be sitting out a bullrun. you don't understand the pain of sitting out a bullrun. its worse than missing selling the top

I think its very retarded because you fomo in. Your emotions won and now your well being is tied to a thing you cant control.

You lost to your gambling desires and that get rich easy mentality. Hopefully the heavy losses will teach you a good lesson

>>53156565
Judging by the chart it has never not pumped massively

>>53156695
i held it for 4 years from 2017 till 2021 and then i sold 2 weeks before the pump. everything was mooning for months already. RLC did not. then it went 10x in a few days (to $20). and it never hit the satoshi levels I started buying at in 2017 and 2018

>>53156740
needless to say I sold at a dollar profit though and now im buying back in too. kek. OILERS ASSEMBLE. im taking less risk now though. only a few K barels, not 10k barels like last time

>>53156740
sounds like a you problem

>>53156943
He's giving you advice, fren. Last bullrun RLC was like dogshit until the very last week. It's hard to keep holding it when so much else is exploding left and right. The biggest retards get rich and you're sitting there with your "fundamentals". It will probably pump again but nothing is guaranteed. Whatever you do, make sure to take profits. The top will be lower than what you'll want it to be. And RLC dumps to the depths of hell.

>>53157603
His advice is him selling before a pump because RLC didnt moon when he wanted it to, lol...

>>53157944
He's saying don't do the same mistake
You're gonna lose it all with that mindset

>>53157944
It only mooned because of the coinbase listing. RLC almost failed the 2021 bullrun. He was almost right to sell.

>>53158162
It seems impossible to know when the top is though cause RLC seems to be able to moon and dump really hard

>>53158235
it looked completely dead and did nothing for 4 years and i followed it closely, i was tired of it and thought. well I held for 4 years atleast I can sell this for a small in dollar profit. but satoshi wise I lost big time. then it did a 10x in 3 days or something and then it came back down to 3x less satoshi as where i sold. i started buying around 25k satoshi all the way down to 10k satoshi. and i missed the 3 days I could sell for 16k satoshi $20). cause i sold at like 6000 ($2) a week before.

RLC is digital dogshit and yes it can moon. but its not a certainity. and to be fair on the bitcoin chart it only went down since inception.

>>53158626
im an oiler again though. I learned alot. it was my first full cycle last time. and i was poor. things are different now. I dont have any reason to sell early my bag of OIL now. I can hold it a decade if i want to. that's the difference. but when i can get some multipliers from where i bought, (and this time i bought with euros, and around 1 euro or below) then I WILL take those multipliers.

>>53156068
This is the only biz coin doing something in 2023. Check’em

>>53158708
RLC and XMR both went 3x in satoshi from their bear market lows.

>>53156565
>bitcoin
Jesus I can’t believe ppl still like this coin. It 3x’d last bull. You think it’ll multiply anymore?
>b-but that time will be different

>>53156068
You may be a retard but you made a great choice. It is quite literally the highest reward lowest risk on the market. It is the only coin which is holding up in the bear basically. Tech and ambition of the project is incredible. Basically the father of grid computing at its helm. Somehow below rank 150 when it could easily be a top ten coin. The only mistake you made was probably not buying your bag at the bottom but when this is $100 per rlc I don’t think you’ll care

>>53156068
Another /biz/ bagholder is born. This team ALWAYS fails to deliver. It's been cyclically pumping on hype then failing for years. It never pumps during a bull run, but has had several bear pumps. A lot of us missed the last bull run holding this, especially with the CZ price manipulation scamming. I've been holding for years and this coin makes me seethe

50k barrels. Might convert my other alts to get 100k
Right with you op. All in this shit

>>53160999
You will be exorbitantly wealthy.

is there a bathroom tunnel?a

>>53158345
you don't sell the perfect top
you sell on the way up
if you don't sell at some point you're gonna ride it all the way down.

>>53162082
Not all at the same time preferrably
it's not an all or nothing game

>>53162082
Yeah but what about coins that go 1000x how do you even sell at 10x i would kill myself

>>53156068
Give it to me I only made 390 thos paycheck and that was with a bonus ;(
0xFB56E399473ed49eb4e944CEAb5Ac4dD30E7F78a

>>53162152
that's rare though. and mostly lowcap shitcoins nowadays. It's probably not gonna happen to you. the invested capital is so diluted over tens of thousands of shitcoins.
Some fundamental cryptos will maybe do a 1000x over years. but who knows which one?
and as It said you don't need to sell everything at once. sell more the higher it goes up.
RLC also has a history of dumping. imagine you invested early and sold every 3x. you'd be way better off than holding for 5+ years.

>>53162336
>that's rare though
It doesn't matter if its rare if its happened before it can happen again

>>53162446
It can but probably won't to you. Your chances are better with swing trading.
Let's say you'll aways keep 25% of your stack which you will never sell unless it goes 1000x
if it really does you'd still have 250x, which isn't too bad and you have no reason to off yourself.
but it probably won't and you'll make more money trading.
increase the amount to 50% if you must.
also, there will always be other things to invest in. It's much easier to do a 10x two times than catch a 100x once.
good luck, fren

>>53162549
As a leaf, if you trade too much, you become a crypto trader and taxed at 50%. Holders are taxed at 25%. It’s also possible any activity on one coin translates to others. So if I swing RLC, gains on eth will also be taxed at 50% because I’m now a day trader. Also, 80% of all traders lose. Way more benefit to hold a project like RLC to a target, and then sell it.

>>53162608
This. Holding will outperform most retards

>>53162608
Yes I'm not saying he should become a trader. Hold and sell at some point and don't ride it down to the ground.

>>53162446
>It doesn't matter if its rare if its happened before it can happen again.
It does matter tho. That's like saying you don't drive a car because you might end up in an accident. It's risk management.
$10k might not matter to you but once it's 100k or even 500k it suddenly does.

>>53162773
Depends on what you hold tho.
Maybe you'll get lucky with RLC.
Maybe.

>>53162782
>100k or even 500k it suddenly does.
but 100k-500k is nothing in reality you cant even buy a decent house

>>53162832
I think there are degrees of “luck” tho. Would we be lucky that a team led by 6 phds, some basically the fathers of grid computing with one of their main functionalities of worker pools going live EOM, and who think idle computing power offered via on-demand queries has value, be lucky if this hits a top ten market cap? I don’t think so. It’s reading the writing on the wall and being patient. Not to mention worker pools is just the beginning. The fact doge has a a much higher market cap than this project is astounding, and I’m not selling until they’re at least equal. Not to mention the team didn’t even sell a single RLC at the ATH should give you pause - they clearly know what they’re building has more value. I could go on and on but you get it

>>53162920
It is because you can reinvest it or it could make you passive income. You're losing a ton of opportunity cost if you gamble it away. It can also be an emergency fund.

>I think there are degrees of “luck” tho. Would we be lucky that a team led by 6 phds, some basically the fathers of grid computing with one of their main functionalities of worker pools going live EOM, and who think idle computing power offered via on-demand queries has value, be lucky if this hits a top ten market cap?
Yes desu. Yes. It's not a sure thing. Nothing is guaranteed.

>The fact doge has a a much higher market cap than this project is astounding.
Is it? People are retarded. At this point, hype is more important than fundamentals. If you can make money, it doesn't matter how. And RLC will need a lot of adoption and that's years away and still a gamble.

I'd still sell at least half after a 10x and rebuy lower. If it really does explode to 1000x you only lost 50%.

Maybe you're larping but whatever, I gave you my opinion. Sounds like you're just gonna hold it all until 1000x.

>>53163243
Will be selling 25% at $50 and 50% at $100 and then hold the rest

>>53162987
Anywhere I can find the best alpha on this project? I bought a sui stack that I held through the bull based on memes and have been adding recently as I learn more. The project seems like a great idea but I’d like to feel more confident in their ability to pull it off before going in deeper as I have some savings but am out of work atm

>>53163321
Same just incase the next bullrun is as gay as the last one. The goldbull of crypto will happen. Just might take a few cycles

>>53163664
I'm thinking the cycles will get worse and worse as more and more shitcoins and NFTs get created and Bitcoins mcap will peak one day.

>>53156068
yes

>>53163622
Checked. Not sure what you mean by alpha

>>53164095
the iexec team ran out of tokens & now issuing nfts ,,

>>53164095
I want to be shilled beyond decentralized computing.

>>53166919
Idk but I bought it after I saw the AI stuff since AI is all the rage right now in normieland

>>53166947
Yeah I just watched some of their videos mentioning this. So they’ll have a marketplace for developed AI’s, will they make use of the worker pools and paid for in RLC?

>>53156068
Yes

>>53156566
HBAR does not belong in that list.

What is the use case of their oracles? Are they supposed to compete with chainlink or is there another purpose?

not to call you that word, but yes anon. could've went all in on Matic that's working with the biggest companies in the world, and polygon even partnered with mastercard today

>>53167327
The oracles are just one of many use cases.

https://medium.com/iex-ec/decentralized-oracles-the-who-what-and-why-a-recap-on-iexec-trusted-oracles-a483a0a5f2c1
tl;dr: exotic data and fast creation

the only reason to hold RLC in 2023 is that guilles lets you join in on his tranny parties if you hold 870. i went to one in 2019 and had a blast (his cock is honestly impressive btw)

>>53167444
From the article:
>Here’s a hypothetical: you need specific information, like the temperature of San Diego. You better hope that this topic is “popular” enough so our competition features it. Not popular enough? You’re SOL (nope, not Solana. To any non-native English speakers, this is slang for “not good”). With iExec, you are not limited to what someone else puts out. You can spin this up yourself or use someone else who has spun this up. You know, the very essence of blockchain.

>>53167461
Good times

>>53156522
I just had AA preflop 3 bet to 50… 4 callers and flopped an ace.

>>53163321
You have 12k barrels? Do not sell 50% at 50$… literally sell just 2k barrels. 100k and just NEET for 2-3 years. And keep the 10k. Then at 100$ sell another 1k barrels. And you’ll still have 9k barrels.

>>53168375
K

>>53156068
>so i went all in
That's a retard move, I hold RLC, but it's just 20% of my total bag.

>>53156068
870 stacked here. ride it up. moonen time.

Does RLC have any competitors?

>>53172876
Depends how you define it, I guess.
There are competitors for decentralized offchain computing, dec. computing marketplaces, dec. trusted computation, dec. oracles, ...
But I don't think theres a good and known competitor that does all of that in one place.

>>53173175
Is there competitors for decentralized AI data renting?

>>53173266
That's basically confidential computing with TEE.
I'm no expert but I think this
https://oceanprotocol.com/technology/compute-to-data
and this
https://oasisprotocol.org/technology

If you google that you could probably find some unknown (perhaps scammy) ones like
https://ethernity.cloud/
and
https://superprotocol.com/

But iExec has the computation marketplace on top of that. I don't think the other ones have that.

>>53156539
Don't listen to this anon>>53156565

12k right now in BTC might become 100k in two or three years. 12k right now in RLC will likely become 100k within the next few months, at which point you can diversify into BTC

Diversification, especially into large caps, is a wealth preservation strategy and NOT a wealth creation strategy. BTC will always be there for you to buy, but you will be priced out of something like RLC so quickly you won't know what happened. If you diversify, open your positions in smaller caps. $100 will take you way farther in a $1mil cap you're sure of than $100 of BTC will likely ever go.

You went all in on something that is a near certain kingmaker, so congrats on that. Your job now is to work to understand RLC and what its implications are for network architecture to a high enough degree that you won't sell too early. You need to know what you hold; really understanding your positions and why you hold them needs to be a central part of your overall strategy if you want to have the kind of portfolio that lets you quit the wage cage. I see way too little attention paid to this kind of thing when people talk about their folios here.

The only thing that stands between you and making it now is a bit of research. Good luck, fren

>>53174544
I "researched" RLC they seem to have their shit together more than companies with x10 the marketcap

Also they have war chest of funds

And are in France which is unironically bullish

Water fu? The Rd is WAYYY up right now

>>53174544
High iq anon.

>>53174544
Forgot to check you. But wow, didn’t know smart oilers were still around in the bear. Interesting.

>>53174983
Gets better anon. Already went thru the checks and balances of verifying with the French sec… fud is running out along with time for this to get top 10

>>53164095
>>53165007
>>53166919

Question for the room: do you fellas really think that Ethereum and Chainlink nodes will be running on AWS forever?

We're all speculators here, right? Let's put our thinking caps on and speculate a bit harder

Does anyone know the date for the launch of the public worker pools?

>>53175470
According to this video they have a partnership with an AWS incubator. Also see Vitalik rap about eth 2.0 at the 6:10ish mark:
https://www.youtube.com/watch?v=7tFLj9vUYT8
Does RLC include file storage or will it need to integrate with external cloud or blockchain based storage solutions?

>>53176723
I wanna sell so hard right now

I keep seeing people talk about AI narratives on twitter and mentioning RLC. It's making me want to take out a loan from my parents and go all in with debt.

>>53176723
i guess what I'm getting at is that any truly decentralized network, be it a blockchain or a DON, would need a decentralized compute layer.

Regarding storage: once CCIP goes live, RLC wouldn't need to integrate with anything. Its single integration with Chainlink connects it with all other blockchains that connect to the Chainlink network -- this is the internet of blockchains. The IPFS/Filecoin blockchain has integrated with Chainlink, so I guess that would be the storage layer of this network, Though admittedly decentralized file storage is not a rabbit hole I've quite gone done yet so I don't know who the other players/what the other models are.

>>53156574
Based

>>53177973
Might be shortlived tho.

Pump you shitcoin

>>53156068
Your pick is solid but going all in at this time was a wrong move. RLC, OCEAN, and UTK are my blue chips. AI and Crypto payment is the real deal.

>>53177973
I already have my funds stacked on my maiar wallet. I believe we are yet to see the bottom but invest what you can afford to lose.

Okay I'm convinced AI is the next big thing and RLC is going to the top 10. Bought 2k more let's go

>>53181228
top signal

>>53181492
bottom signal

>>53181581
3x vs bitcoin
nice bottom kek

>>53181661
Sell my guy, just sell and get out. Go with your gut. Sounds like you absolutely know what to do

>>53181661
Bitcoin is old news AI is going to be a huge deal and stay viral for a while

Holy, it's actually pumping. Even though it's slow af.

>>53182049
>>53182909
No I'm not selling.
AI hype might be over soon though when even retards like you are in

>>53182909
Yes Bitcoin is old news everyone knows since 2017
AI is too soon. It's just hype for now. The hype will not last forever

>>53162164
Sent

>>53183557
AI hype is literally just getting started your perception is really bad ngmi