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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57345346 No.57345346 [Reply] [Original]

Okay, which one of you is buying

>> No.57345390

>>57345346
im selling now with this pump. done bagholding this trash. basedlana 10xed and rlc went from 1 dollar to one dollar 80 cents. FUCK this scam token not needed.

>> No.57345407

>>57345390
imagine bagholding something for years and selling for +15% just before the giga pump

>> No.57345438

>>57345346
seriously fuck iExec and all its team.
These faggots raised 10 THOUSANDS BTC, they made it the moment they got that money.

Their product is
1) overly complex, never met a single person in the industry that understand it
2) therefore no one needs it
3) seriously, think again, encrypted/private compute is NOT a need
4) and if ever it was, doing it on a decentralized ledger is pointless
5) their compute marketplace is also useless as fuck, only hello_worlds.py running on it...

These niggers only farm research credits from the French gov, they never had any incentive to produce any value, or product-market-fit.
Why would they?

The only reason (like 99% of all alts) is that they put millions in liquidity and in market making, allowing their token to be in the 100m+ while still having 0 client and 0 earning.

They are a joke, but more importantly, all these "investors" are a fucking joke. WHY ARE YOU BUYING A 100m$ token with no REVENUE/EARNING/CLIENTS for fuck's sake?

>t. actually someone that knows what he is saying, has met the team several times, and has worked in crapto since 2017

>> No.57345463

>>57345438
the token is literally not needed. but so is link and actually i have never seen an actual token needed.

there's a few POW coins that actually are things and things needed. rest of the market is just a print air money grab token scam.

>> No.57345487

>>57345463
>the token is literally not needed. but so is link and actually i have never seen an actual token needed.
on paper they have a business model, LINK has a business model, some people need the LINK to participate in the network, and "clients" need LINK to pay for the oracling service

The fact that this is a microscopic fraction of their market cap is what makes it all a money grab token scam.

At least Chainlinkscam "secures" some other DeFi scams, increasing its legitimacy as something that "should exist" (lmao). RLC literally has no reason to exist, especially not above $1m market cap...

>> No.57345507

>>57345438
>encrypted/private compute is NOT a need
Why not?

>> No.57345568

>>57345438
>1) overly complex, never met a single person in the industry that understand it
only if you're an absolute brainlet. it's more like people don't know about it because of bad marketing or they don't see the need. Also, it's 100% centralized and sucks.

>2) therefore no one needs it
it would be needed if iExec didn't suck

>3) seriously, think again, encrypted/private compute is NOT a need
It is.

>4) and if ever it was, doing it on a decentralized ledger is pointless
it makes sense to distribute secrets and to have a free marketplace.
but the overhead is a huge downside.

>5) their compute marketplace is also useless as fuck, only hello_worlds.py running
it's probably automated testing, which is important. but there should be a way to filter that shit out.

>> No.57345574

>>57345507
its a need but it doesn't need a token. they just needed money to build their system. that' is what an ICO is.

>> No.57345680

train is leaving the station as we speak, check the volume

>> No.57345703

>>57345574
I agree. It's not necessarily a negative indicator on the value of the token.

>> No.57345706

>>57345680
There's always a train RLC runs on me.

>> No.57345738

I should add for whoever isn't aware that the price activity is probably due to iexec currently running another event where people can rent out their computing power.

>> No.57345769

>>57345738
for me to start taking it seriously they need to use another platform than ETH. the transaction costs are too high to make delegating computing tasks feasable.

>> No.57345811

>>57345769
they don't even use ETH anymore. only the sidechain.

>>57345738
not currently. it's on the roadmap for this year.

>> No.57345845

>>57345438
Thanks for the long fud writeup just went all in

>> No.57345945

>>57345568
>>57345845
lol just enjoy faggot, you never have anyone here with insights on anything

>> No.57346454

>>57345811
They just had an event where they gave out utility NFTs to get into the worker pool.

>> No.57346467

>>57345568
> only if you're an absolute brainlet
you live in an echo chamber, as a soft. architect, sure I understand it, but holy hell, are the decision makers able to? to understand the value? nope, virtually not
>it would be needed if iExec didn't suck
"build it and they will come" anon this concept is not real. Nobody in the industry does things because something is new. ESPECIALLY NOT when something is new, especially not in big companies.
> encrypted decentralized compute is a need
prove it? source? never heard of that in 15 years, seriously. Companies do BI/Analytics on their proprietary data, that's it. That's 99.999% of all of it.
>but there should be a way to filter that shit out.
easy to do, but imagine how it would look ahahah

>> No.57346468

>>57346454
yes. a permissioned network.

>> No.57346678

>>57346467
> you live in an echo chamber, as a soft. architect, sure I understand it, but holy hell, are the decision makers able to? to understand the value? nope, virtually not
not a hard to understand concept at all but they need to work on their communication. Also, it's hard to sell this concept because people who care about privacy won't trust it.

> "build it and they will come" anon this concept is not real. Nobody in the industry does things because something is new. ESPECIALLY NOT when something is new, especially not in big companies.
where did I say that?

> prove it? source? never heard of that in 15 years, seriously. Companies do BI/Analytics on their proprietary data, that's it. That's 99.999% of all of it.
just common sense. Not saying it will/would get used because people don't care. But technically there's value in performing computations on private data. E.g. a private Chat GPT. Imagine AI guides your whole life and your most private thoughts are sold to every company in the world.

> easy to do, but imagine how it would look ahahah
true. still more useful than test-do-not-use. They should change it at least once they have actual usage.

>> No.57346691

>>57346454
No they didn't retard. That was last year.

>> No.57346697

>>57345346
Bought more earlier.

>> No.57346794

>>57345438
Damn the ICP fags must be worried with this fud...

>> No.57347472

its now no.73 by volume

>> No.57347549

>>57346794
You guys should just make out already. This tension is as retarded as your coin.

>> No.57347844

>>57347549
We literally only have an rlc thread when it's pumping, this board is infected with ICP bag holder crying. They just don't like competition or a working product.

>> No.57348544

>>57346691
Oh I see lol.

>> No.57348562

>>57345346
Fake pump
It will drop back to $1.50 by Monday.

>> No.57348923

>>57348562
tfw.

>> No.57348951

is this 2017?

>> No.57348967

>>57347844
dont tell them just keep buying

>> No.57348974

>>57348951
yes

>> No.57349039

2017 called they want their token back

>> No.57349048

>>57349039
you will be saying that at $100 too

>> No.57349061

>>57349039
biz only buys short term scam pumps but don't forget where the real money is

>> No.57349065

>>57349048
i feel massive fomo but i als ofeel like if i buy now a week later it might be back at a dollar50 and then do nothing for the rest of the cycle.

>> No.57349070

>>57347844
kek was thinking ok what now, we hit 1.80 this time? Wow..

>> No.57349167

>>57349065
>>57349070
This time it's different.

>> No.57349211

>>57349167
When this hits 5-8 we can start to argue. This now is just a small pump imo.

>> No.57349314

>>57349167
>>57349211
I help the binance pump up and down. Call me when we break $20.

>> No.57349953

Holy shit the volume skyrocketed from 20 mil to 140 mil, wtf. We going to be fucking rich boys. We did it well hot $100 easy this year. We're fucking millionaires.

>> No.57349968

>>57349953
first a massive sell off while bitcoin also dumps. buy back at one dollar.

>> No.57350072

>>57349968
Look at the chart btc about to go up. We might hit $5, the volume is insane for this marketcap.

>> No.57350127

>>57350072
look at the chart btc about to go down, newbie. it already went up for 14 months.

>> No.57350170

>>57350127
RLC has risen against BTC before, itll do it again

>> No.57350242

>>57350127
I'm not new and you can't read a chart

>> No.57350253

any news or is this a random pump?

>> No.57350256

>>57350242
you are definitely new.

>> No.57350637

>>57350256
You definitely can't read a chart.

>> No.57350909

Its over

>> No.57350984

>>57350909
Its over

>> No.57351018

>>57350984
>>57350909
Volume is still swelling and other stuff is starting to pump. Well go up again soon.

>> No.57351393

haha didn't buy, just like every other time! dump!

>> No.57351542

>>57345438
0 apps
0 users
10,000 btc

kek