/biz/ - Business & Finance

Yes sitting comfy with my eth,xmr,xrp,bch

Is a million HOT enough to make it over the next 6 months

I for one am looking forward to seeing all the red holo wojaks this week. After you fuckers are done crying I'll be glad to never hear about this shit coin again.

>>9263490
notice how the pajeets try to not mention the name of their holoyolo bags to evade filters...
pls sir buy muh bag sir

>>9263499
>>9263514
>>9263534

>The year is 2025
>Three lonely anons have retired into their boxes under the freeway for the night
>Looks like it's moldy bread for dinner again tonight

>>9263511
I hope so bro even though I have 2.4 mil

>>9263490
Anyone who tells you otherwise is lying.

>>9263490
yup

>>9263641
Your forgetting LINK

>>9263668
Your forgetting how to spell. Holochain has absolutely no need for decentralized oracles.

Eos will fall under illegal ICO
btw, eos is not a coin, it is a scam

>Tfw watching Hashgraph die in real time

>>9263490
BCore won't in its current state. Blockstream is way way too slow and conservative for this space.

>>9263994
shut the fuck up

>>9264004
ETH will become the no1 this year, a lot sooner than you think. And once that happens BCore is going to fall aaaaalll the way down.

>>9263511
>a million hot
>1$ per HOT EOY
Depends on where you live I guess.

>>9264651
>$1 each
>200 trillion total supply

do you even math? shit will never happen and i've been shilling the piss out of holo

>eos
you misspelt eth

>>9264747
This, ETH is the backbone of cryptospace, EOS could disappear and nothing would change

>>9263534
lmao

>>9263663
>Last week flavor-of-the-week bags
Imagine being you

HOLO is now where Bitcoin was in its infancy, e.g. when most people wouldn't give it a second glance except extreme tech enthusiasts.

What we already know is Firefox/Mozilla foundation has been working with Holochain for months. This is just the beginning. When major DOTCOM companies start making distributed apps on the Holochain network, there will be so much FOMO, it will make the EOS pump look weak.

>>9264827
If you asked someone to pay $100 for a Bitcoin years ago the would probably laugh at your face.

>>9264757
and look at the logic of the post,

bitcoin survives despite having mediocre tech, monero survives despite better mathematical privacy techniques than mixing, yet ethereum is taken over by a centralized "ethereum killer"?

the only coins people actually use today are bitcoin, ethereum and monero. everything else is over 95% speculation

>>9263534
to be honest i didnt even notice the shitcoin, i thought we were only talking about the three.

>>9264757
Retard, go play with your crypto kitties...I actually want decentralized exchanges all day.

>>9263534
Your butthurt fuels me

>>9263711
lol i was waiting for this mem to come

>>9263994
I agree, they're too cautious for a market where people expect things to happen in less than a month.

>>9264921
It's not about people's expectations, it's about other dev team already developping better coins.
Investing in BCore (or BCash desu) is like investing in VHS while DVD is in its infancy.

>>9264730
trillion? you mean billion retard

by 2025, every major government will have a stable coin. most blockchains will be non-existent because they're too slow. The ones that make it will be the one that allow mass distributed app adoption. Holo is really the future.

>>9265015
the difference is bitcoin is bitcoin, and expecting it to get taken over is foolish when it has so much interest from institutions, like ethereum.

this is finance, not tech. your all in one shitcoin doesn't matter because nobody is ever going to use it for anything other than speculation.

>>9265072
That's a pretty stupid claim. No institution gives a shit about Bitcoin. Institutions care about fundamentals more than anything fyi.
No institution is gonna put a big amount of money on some speculative crap with trash fundamentals on its way up. They will put it in things like Ethereum which has stellar fundamentals if they ever put it into crypto.

>>9265128
>No institution gives a shit about Bitcoin
but that's plainly wrong. there is a lot of ethereum activity sure, but in the financial world, crypto shops trading and buying up bitcoin predominantly are popping up everywhere.

>>9263711

This shit is why I'm avoiding HOT, it's a peer to peer decentralised internet.

It will BENEFIT from a trustless smart contract platform, the only differences is there data sources that LINK will pull from will be served up by a device on the peer to peer network instead of the centralised internet we have today.

I believe in the project, but not the token as the team have already said they will mint as many as they need for the network

>>9265156
While that's true it's only retards that know pretty much nothing about it that do it, and they are going to get fucked pretty fucking hard by the ones that do.

>>9263490

Lies. Only Holo will still be around. It makes everything else obsolete. You could literally rewrite Ethereum to run on top of it faster than it does now lek

>>9265128
Kek. Institutions care about MONEY, and the cards are already dealt. Every big financial firm has already made their bets, and holo isn’t one of them. Know what the nice thing about tech is? It can change and adapt. All of the shit Holo claims it will do, bitcoin and eth will actually do, and better. It’s too late for some shitty vaporware platform to come along and be anything but a craps table for bizkids to play on. Sorry.

>>9265176
i'm talking about traditional shops opening up crypto desks, not some random wannabe traders.

>>9265195
I don't give a shit about Holo. But Bitcoin will no longer be in the top ten by EOY that's for sure. Ethereum is already the new king, only boomer money is left in Bitcoin.

>>9265172

That's retarded - the token supply is determined by the computational power of the network. The token is gas basically. So Dapp authors will need to buy it to launch apps and run them on host nodes. Learn what it's about. Running a host should be the most profitable though.

And Link is totally useless to it. What don't you get, Holo nodes can just call regular APIs and they have trust ratings associated - so Link is irrelevant and obsolete.

>>9265215
Yes, and they are making a mistake is what I'm saying. France invested MASSIVELY in 2G trying to be on edge technologically, while smart people were investing a little while waiting for better tech to be ready. Bitcoin is the equivalent of 2G, it sparked innovation, and did a decent job at being the first ok-ish decentralized currency, but it will be replaced eventually.

>>9265195

You're a retard. Go, right now, and read the Holochain whitepaper. Can Bitcoin replace AWS, Dropbox, IPFS and ALL cryptos by the end of year, and run FASTER as more users join? Can Ethereum?

Blockchain is dead. Long live Holochain.

>>9265250
>making a mistake
they've been steading getting into this space since 2016. they're clearly not making a mistake, and even if they are, it doesn't matter, because the sheer presence and amount of interest in bitcoin that is coming out of these funds and institutions is a self fulfilling prophecy, as we're already seeing.

>holo can do everything
Missed the ico and jealous of the gains. Nevertheless, this makes me skeptical for the long term of the project.

>>9265195

Oh and vaporware? Kek, it's already in Alpha, you can download it from Github along with example Dapps dumbass.

It's been a fun ride - but it's ending soon. The Blockchain era is about to pass away - no more moonshots on shitty PoW tokens. It was an important innovation but it's obsolete already.

>>9265237

Tell me again how trustless smart contracts work on Holochain again? That's right, they don't... it'll just use Ethereum, just like the internet we have now.

> And Link is totally useless to it. What don't you get, Holo nodes can just call regular APIs and they have trust ratings associated - so Link is irrelevant and obsolete.

Do you understand the business value of trustless smart contracts? How about ones that depend on external events? Or are you just chasing quick money? (You'll get burned, obviously)

The blockchain is about trustless consensus, holochain is creating a peer to peer internet, the two are completely different.

Like the internet is currently benefiting from blockchain, so could a peer to peer internet.

...

I'll stop now because I feel like I'm wasting my time. Enjoy your bags while ETH and LINK are here today. (a peer to peer internet will take decades, whether it's HOT or not)

>>9265284
Are you even reading what you write? The funniest thing about this is people believe that this magical fake internet money is going to suddenly replace everything in the world. As a VC the one thing we stay away from time and time again are companies without focus, and companies which claim to do everything. You can’t do everything. Holochain is a meme waiting to happen.

>>9265315
and the only way bitcoin is getting replaced, is if the massive holders of crypto, which are sill predominantly holding bitcoin, decide to all gamble and move to something else.

without a massive technical issue, expecting bitcoin to die and the market to carry on like normal is wishful thinking.

>>9264049
>>9263994
I prefer BCH but a collapse of BTC is not in anyone's rational interest, a slow and obvious bleed out is much preferable because if its too fast most people will be scared away from all crypto for a long time.

>>9265328
>as a VC
traditional or shitcoins?

Bitcoin will be 80% of it due Pareto's law, so yes, I will be rich with 21 BTC.

Now I just need away to not get cucked by the cuckermint.

>>9265321
Top keks. Obvious troll is obvious. The one reason for the shift to blockchain is security, which is the one thing it seems holochain doesn’t care about. I am going to laugh so hard when all you smug little fucks realize that holo will never be anything but a memetoken on the ethereum blockchain.

>>9264921
>let's rush developing a technology that only has 1 shoot to succeed in order to appeal to normies with no money

>>9265359
funny how the 21 btc meme from only a couple of years ago is now entirely unattainable for most people here.

>>9265340
Traditional.

>>9265323

But anon.....it can run trustless smart contracts. Trust is explictly centered around the various kinds of nodes that can exist, it's a different model. Dapps can be as trustless OR not (for performance in low-priority applications) as they need to be. Holy fuck....I get you're emotional that your shitcoins are about to be shat out, but it's not too late.

Your argument is like a horse rider arguing that cars will fail since they don't have saddles or reins.

>>9265359
>BTC will be 80% of it
>dominance below 80% and still trending down
You still have time to wake up you know.

>>9265128
>only form of sound money to ever exist
>speculative crap with trash fundamentals

>>9265415
>muh dominance
https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

>>9265415
understand what dominance is and how it's calculated before blindly worshipping figures like that.

>>9265328

Really. I seriously doubt you're a VC. You're a shit-tier one if you are. Kid with daddies trust fund money at best kek. Have you heard of Amazon? Do you understand the size of their market? Do you understand that an application exists in alpha, today, that makes AWS basically obsolete? Go download it. There's no vaporware - it works. I use AWS - the day this drops I'm swapping. And that's just one use.

Do you also understand that Holo gives 0 fucks about being a currency in the tiny, limited sense you use the term - it's a Dapp & distributed computing platform you unmitigated moron. It can be used to host tokens (including currencies) of course, just as Ethereum can. But that's a seriously trivial application.

>>9265442
>>9265448
>I don't like it so I'll just say it doesn't matter
Understand that its been losing ground to every other recognizable crypto for well over a year now.

>>9265524
>losing ground
again, you don't understand the metric being measured so you think that's what it means. it doesn't. understand what it's measuring, and you'll quickly find a more accurate metric to measure.

>>9265513
Kek. Angry troll is ANGRY.
>something that replaces amazon already exists, you can try it
>I use amazon but as soon as holo exists I will use that
Make up your mind you little whiny bitch.

>>9265513
While holo's tech looks promising what do you think about the value of the actual token if devs are saying they'll print more as needed?
>>9265538
>Y-You just don't get it
Up to you if you want to stick with an asset underperforming everything else on the market

>>9265405

Let's entertain the idea...

> Insurance company: We have a travel insurance contract hosted on Holochain for you to take out insurance!
> Insurance company: We'll pay for your flight if it's delayed by an hour!
> Joe: cool, seems reasonable, can I see the contract before I subscribe?
> Insurance company: Here is the holochain link [insert link]
> Joe: Looks good, but how do I know you wont change the rules after I subscribe?
> Insurance company: ...
> Insurance company: ...
> Insurance company: ...we promise we won't!
> Joe: So the the hosted contract isn't immutable?
> Insurance company: ...hmmm what?
> Joe: *sigh*

Joe connected to the Insurance company website over Holochains peer to peer network (pretend we're in 2040).
Joe though holochain meant everything was trustless.
Joe was wrong.

>>9265602

Joe then came to the conclusion that decentralisation was different from trustless transactions

We will get there, Holofam.

>>9265554

Sounding defensive there Mr fake-VC. Your reading comprehension is evidently lacking as well - I specifically mentioned that it's in alpha. Now, since you obviously don't know what that means, being a fuckup with a trust fund who thinks he's a mover & shaker, I'll keep it veeeeerrrrryy simple for you. It means it's a working product, but still in testing. You get that? So yeah - as I said, on full release I'll swap. Do you understand now, or should I use really small words?

>Code work. Code test good. Code release soon.

And if not Holo, Ethereum is the future of crypto. So keep buying Btc - I really want you to lose your entire trust fund kek.

>>9263490
Quick rundown on holochain? Other than being the shill coin of the month I don't know anything about it

>>9265667
Its a coin which has no inherent value because it was practically a kickstarter reward rather than an actual token. The real stuff is the physical product. Its shilled here on sketchy exchanges for a nice PnD. Yesterday some retard bought in 30 eth and then it dumped on him. Buy at your own risk.

>>9265602
>>9265632
People already go for deals with companies that aren't trustless, which is nearly every single deal out there. The concept of trustless contracts is alien to your average individual. Whether its completely trustless or not whatever smart contract platform nails the usability factor to the point that your grandma on Facebook finds it intuitive is going to have a big edge.

>>9265667

>>9265705
Where do I buy this shit? I want a lil bit to ride the pnd waves

>>9265754
Kek this reminds me of stinky linky I'm going all in

>>9265726

> Okay that's a wrap guys, decentralisation was a meme, centralisation is the way forward

Have you ever explained to a normie that their insurance company would pay them AUTOMATICALLY without any need for a phone call to sit on hold for 30mins, then have to prove who you are, prove your flight was delayed etc.... all just to get what your owed?

And the irony is that most peoples phone call and time is worth more than the refund.

That's when they realise trustless contracts are a great thing

And just to re-iterate, ETH & LINK are necessary in a centralised or peer to peer internet.

HOT is not... people are going to get dumped on so hard

>>9265812
Tried to explain this to buttcoin ledditors
>lmao we already can get insurance payouts you retard that's not something new

>>9265602

Sigh....you really need to go read the damn papers. I don't even know where to start with how off base you are - the apps are public. Anyone can validate they're talking to the correct app that they've read the source of. And then there's the whole counter-signing chain architecture too - kek, yeah that's totally different huh?

What you're thinking of is the lack of immutability. Again, go read the whitepapers. Or don't. I'm getting bored though explaining trivial shit to you.

>>9265812
>Putting words in my mouth
I didn't say that it was the way forward, I said that the degree of centralization is nowhere near as important to what gets mainstream adoption as usability. Its the same reason most people use Windows instead of Linux, technical superiority matters far less than ease of use.

>>9265726

Funny part is, Holo IS still trustless - when it needs to be. This brainlet hasn't bothered reading about any of this. It's too different than what he understands.

>>9265315
Investing in already outdated tech is making a mistake however you put it.

op is right, only btc, eth, holochain and monero will remain in a few years. there is no need for anything else

>>9265328

>as a VC

This board is so funny sometimes