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/biz/ - Business & Finance


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12596720 No.12596720 [Reply] [Original]

>> No.12597412

why does this keep pumping?

>> No.12597420

>>12597412
Because it is way undervalued and super low liquidity. Doesn't take alot of volume to make the price rise and all sellers have sold months ago. Only thing left is long term investors

>> No.12597444
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12597444

feeling comfy, best stable coin

>> No.12597495
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12597495

>>12597420
This

I don't want people investing if all they're looking for is a quick pnd. RLC is a long term HODL for massive gains

>> No.12597562

>>12597412
Becuase it’s ranging. So every 12-20% up more or less fully retraces. Looking at the order book now, there is literally no reason for it not to run 50%+,but that doesn’t mean it will soon.

t. Literally just tried to pump this and bots wouldn’t let me. In hindsight I would’ve just wicked it instead

>> No.12597608

>>12597562
Seems to have found a new range though

>> No.12597661

>>12597608
True. Don’t doubt it breaks out within the next couple days, but I’ve seen a lot of charts and that 1-4hr is near the top of the list for frustrating ones (it’s teased a breakout 4-5 times in the last couple days- that last drop from 745 was brutal- bots accumulating in this range is the only semi logical thing I can come up with)

>> No.12597718

>>12597661
Yeah ultimately it's quite bullish and when the bots let go, it is going to have quite a run. If some more volume comes in too the bots might not be able to hold the line. As many traders say, if it keeps stomping at the door, eventually it break through.

>> No.12598104

>>12597412
Look at the order book. Groups placing walls to push the price.

>> No.12598141
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12598141

Whats a good suicide stack?

>> No.12598173
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12598173

>>12598141
15k to make it, 5-10k suicide stack

>> No.12598209

>>12598104
Accumulation def happening

>> No.12598469

Seriously, how the fuck can iExec not be in top 50 right now

>> No.12598478

>>12598469
just like link going 120 to 30

>> No.12598517

>>12598141
>MUH suicide stack
Like this shit is going to pump out of nowhere! Don't fall for the shills.
Crypto winter is still here, its snowing outside!

>> No.12598528

WHY IS THIS PUMPIN!?

>> No.12598533

Just look at this sweet documentation:
https://docs.iex.ec/

>> No.12598544

>>12598528
not sure. i wanna set a sell order but i have no idea what the top is today

>> No.12598620
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12598620

"unexpected" bonus coming in todag fgts. Gpu support here i come

>> No.12598632

>>12598620
would be amazing

>> No.12598638

>>12598620
would open the network up to some genuine business come v3 provided on-ramps are accessible

>> No.12598724

>>12598528
I think it is starting to gain some traction. It's a pretty solid project and at its current marketcap well udnervalued. I'm not ready to call it top 10 or anything until v3 is released and we see it, but it should be inside the top 50 even now considering how many shitcoins are in front of it

>> No.12598797
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12598797

>>12598528
The same reason we've been saying in these threads for the past week

Same reason >>12598724 said

Don't buy just because some anonymous strangers on a Mongolian Basket Weaving forum told you too, I implore you to look into it yourself and see what the buzz is all about

I'm not gonna say some dumb shit like "1000 eoy", "we mooning", "train is about to leave the station". That's just dumb pajeet tactics to get you to buy their heavy bags so they can tether up for the next bullrun

Whatever you decide to do, I just hope it's an educated decision anon.

>> No.12599001

>>12598797
i can try to read any stuff they have on their site. but i would first need to have some inkling background education to grasp it.

its like if they started teaching me about mitochondria before even teaching me what cells are.

so far i just bought at 666 and sold 25% at 700 and 10% at 741. i have a sell order for 769 of 50% what i have and a buy order at 670. i kinda just try to use meme lines

>> No.12599016

>>12599001
Some pasta from another anon

iExec (RLC) aims to be a marketplace for off-chain computation. From what I can gather, it is a decentralized marketplace for any computational service provider, whether that be cloud providers, personal systems, IoT devices, decentralized protocols, etc. Any system that does computation can sell it on the market place.

The question is why would it be valuable and why would someone chose it over a big cloud provider?

1) It can be more secure given there is no need to trust a central cloud provider. There are all types of options and likely even the ability to use several at the same time for different needs.

2) It’s flexible since there is no need for contracts so again you could leverage several at the same time and stop and start whenever.

3) It’s accessible for small and medium size businesses not just for major businesses. This is especially true for companies who want to leverage new AI, CRM, and different data analytic systems but can't afford it in today's models.

>> No.12599020

>>12599016
4) Big businesses can use it to undercut competitors by seeing what computation is available for cheap. So if a business is using AWS, AWS can actually undercut their own costs by offshoring some of the computation to a provider in an area with cheap electricity to save AWS money. Big cloud providers will likely use it to hedge their own cost budgets.

5) Big businesses can build out fog systems. Instead of having to build from scratch their our fog computing network, they can use use already existing computing networks as connection points between their clouds and local IoT devices. This brings computing down to the local level which is cheaper and more efficient. It would be quite expensive and costly to build from scratch. It’s almost like taking advantage of mesh network type system of already available devices, similar to how Uber uses cars already in existence instead of having to create an inventory. AWS doesn’t need inventory, but instead can focus on selling a service that they help facilitate.

6) Big cloud providers have to spend a lot of money maintaining their systems with devs and repairs etc. In a system like this, providers are responsible for repairs and the dev team of iExec or another similar protocol like Golem, SONM, etc can maintain the system. If a provider goes down, they just route to a new one.

>> No.12599078

>>12599016
>>12599020
Well thats dandy and all. but what do you actually do? do you start taking some profits now or do you have like less then 30% of your portfolio in rlc and willing to risk a dump for a 2x?

>> No.12599092

>>12599078
> TP now is a huge mistake.
real pump has not even started yet

>> No.12599095

>>12599078
It has already dumped a few times so at some point selling will get exhausted. If we are attracting new buyers too then that is when upward movement can be sustained. You do you but I'm holding to break 8k. Then we should have a path towards 10k

>> No.12599099

>>12599095
so do you have a sell order at 80 and then a rebuy at 74 or something?

>> No.12599106

this will fly so fucking hard if it gains real traction and volume. So far all the pumps have been miniscule in comparison to other coins, barely topped 500 btc in volume

>> No.12599116
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12599116

>>12599095
>>12599092
its touching the 70 line. in meme charts that would mean its gonna drop with a high likehood for a bit right?
fuck me i just have no idea where to start learning this crap

>> No.12599120

>>12599099
I'm not trading it because it's so undervalued right now. I mean you probably could but that's not how I'm playing.

>> No.12599125

>>12599116
It might seem a little overwhelming at first, but I promise being around this stuff enough you'll learn to feel certain things out and be able to tell actual methods of prediction from sudo bullshit

>> No.12599129

>>12599116
1h charts are irelevants. Just turn it at least in 4h

>> No.12599130

>>12599106
Yeah that's what I'm waiting for. Volume has been up alot overall the last 3 weeks. Look at the weekly.

>> No.12599157
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12599157

>>12599120
This

I think a lot of people at least on /biz/, including myself, are holding RLC are in it for the longish term, and not swing trading.

>> No.12599238

im so glad i picked up some of this at what seems to be the absolute bottom
if this goes to a top 50 mcap ill be happy

>> No.12599259

>>12599238
Yeah. As the market wakes up, those trading bots are going to be turned off and this should fly up the rankings

>> No.12599317

>>12599157
what is longterm in this instance? i only have 2k to play with and put 1k in rlc. kinda want to get more before doing a really longterm hold

>> No.12599646

>>12599317
v3 which is may

>> No.12599657

>>12599646
late or early may? also what are realistic expectations from here on out? 2x?

>> No.12599667
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12599667

>>12599657
$200 each eoy 2020 minimum

>> No.12599670

>>12599657
top 50 if awareness grows. They also tend to throw in random news bits which could help. Currently people don't understand the importance of off chain compute so growing awareness should help the price movement

>> No.12599675

>>12599667
i said realistic

>>12599670
but thats like 50 cent tops right?

>> No.12599687

>>12599317
2-4 year

>> No.12599706

>>12599675
No it's just under a 5x to get top 50

>> No.12599720

>>12599675
i know you said realistic, thats why i gave you a realistic price, dipshit
jfc you new faggots are shitting up this board so fucking bad
your double-digit iq clearly doesnt know what this coin does or what the implications are.
$200usd a coin. minimum. 2 years.

>> No.12599762

It's about time to shift our shill to reddit and twitter. Let's go RLCBros.

>> No.12599847
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12599847

Comfy hodl