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10559246 No.10559246 [Reply] [Original]

Can Holochain hit $1?

>> No.10559274

>>10559246
https://youtu.be/dwZvm8xUnvw

>> No.10559285

>>10559246
you'll be lucky if it hits a penny

>> No.10559350

Gonna be honest I have a third of my crypto in HOLO cause I can see its unique and the project is one I can trust 100% BUT

I have no fucking idea how the economics of the token move to Holofuel mean for its value would appreciate some answers or I may start a thread asking.

>> No.10559409

>>10559350
unironically read the white paper

>> No.10559421

>>10559409
I'm unironically too lazy and want a simply explanation. Have yet to hear one I understand.

>> No.10559432

>>10559350
Dude you go read or look at their youtube. You fell for the FUD. The inflation everyone talks about was that the amount of tokens available in the ICO and the ICO cap was set to change depending on the amount of interest in the hardware sale and devs that signed up

>> No.10559460

>>10559432
>>10559246

>That will probably cause some confusion, given a direct quote from that paper is "There is no minting, mining, or burning of coins".

Enjoy owning a part of a network that will just return value exponentially as nodes come online offer more compute.

>> No.10559483

>>10559432

Reading the white paper now.

>> No.10559489

>>10559483
Eh just read the greentext if you want the easy

>> No.10559501

>>10559483
That paper is a little confusing too as the context is light.

But basically the supply was set by the ICO and now the network will form with that supply and it just gets shifted around on there and the value will be set by what people will sell it for and how much compute people will offer per token so that makes the "value"

>> No.10559510
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10559510

I dont give a fuck just keep the memes coming

>> No.10559519

>>10559501
Ok not to shortcut having to think about it myself BUT what does that likely mean for the value at conversion? I get what fuel will be used for I just don't understand the goundlevel reality of what its going to do to value as it relates to early compute power.

Really simply do you think it will increase or decrease in value at first?

>> No.10559557

>>10559519
My best guess, in the beginning, there will be a lot of offers of compute power and very little money flowing in, so the fuel will be worthless, with everyone fighting for the same little money, but as the system matures and becomes the next Amazon, we millionares

>> No.10559567

>>10559519
Oh ok my bad.

So there are going to be the thousand nodes initially providing compute that they sold and whoever else joins. So that is dynamic, which is the point of a horizontal system like this.

>> No.10559592

>>10559557
If its worthless at first why not just wait and buy then?

>> No.10559602

>>10559557
This too by design so that they can desperate bankrupt apps to migrate.

Like if you can just rebase and cut your costs 30% then you would do that and that's how they kickstart awareness.

>> No.10559608

>>10559592
No no that's not what he meant. He meant that the hosts will be worthless. Their compute will be cheap at first because it starts at the bottom and the market builds as the demand comes in.

>> No.10559614

>>10559592
Hosts set their own rates so initially they will all be low trying to get their firsts customers and then the market will kick in.

>> No.10559624

>>10559285
I'll be a millionaire if it hits a penny...

>> No.10559723

>>10559624
That's the argument it can't hit a dollar. Imagine $100 million just cause you browsed on 4chan at the right place and time. Yeah right.

>> No.10559734

>>10559723
>being such as newfag
>not realizing back in 2011 biz was shilling bitcoin

neck yourself newfag

>> No.10559791

>>10559723
You mean like when many people became near millionaires when they gave .01 btc on bitcointalk for NEM stake? Or maybe NXT who became millionaires for sending 50 bucks of btc to a PM on bitcointalk....500 bucks worth of IOTA ICO would make millions. Nano for using a captcha could of made you a million bucks. etcccc

>> No.10560093
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10560093

bought the dip. I'm ready for the upcoming holocaust

>> No.10560147

>>10559734
>>10559791
lol those are in no way comparable those are early day projects in 2015/2016, and a bullmarket like the '17 one will never happen again.

>> No.10560190

>>10560147
never is a very strong word anon

>> No.10560472

>>10560093
Kek

>> No.10560482

>>10560147
Its absolutely comparable cause we are now in the cycle where everyone is starting to throw in the towel and despair just like back then. Last thing I checked peoples emotions don't change. The next cycle will happen after a dip to 4k probably. Being emotionally too desperate now and not seeing the opportunities with Alts INCREDIBLY cheap is just as emotionally blinkered as not seeing the bubble early this year.

>> No.10561007
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10561007

>>10560093
GAS THE BLOCKCHAIN, HOLO CAUST NOW!