>*beep beep* WE ARE ALL GOING TO MAKE IT $11,490 is a possibility based on supply, and supposedly 75% of all RLC is held in wallets or on exchanges already. It is and has been manipulated downwards by whales since 2017, but is finally breaking out and will break out like LINK did from under their whale suppression.
None of this even matters when you consider that when RLC is the defacto currency for decentralized cloud computing and data renting there will be millions, maybe even billions of computers staking 5 RLC minimum, with no maximum. That is why the Amazon breadcrumbs are so powerful. If Amazon sees value in iExec, they will want to stake RLC, and they have unlimited money. If Amazon or Microsoft join, it will cause a massive explosion in the cloud community causing the most insane bullrun you have ever seen in your entire life for a single coin.
It is also incredibly easy to shill to normies. I shilled it to my grandpa today. I told him "You know what cloud computing is?" He said "yeah kinda, its computers and stuff on the internet right" and I said "yeah basically, so iExec is the decentralized version, like Bitcoin to money." He said it sounds like a very wise investment.
So all of this means if you hold 10k+ you will have 100 million dollars at some point in your life. It'd be like investing in Google+Amazon+Microsoft+All of the data in the world+any cloud provider all in one single stock at it's inception price.
Paint a better picture for me user, is the computing power coming from the stakers? Like - when you stake RLC you're giving away your computing power to others to use as cloud computing?
Cause if so, that sounds incredibly shitty
David Anderson
Nice thinly veiled FUD. If you think decentralizing cloud computing has no use you are in for a rude awakening.
Nathaniel Reed
All anons should be at least exposed to RLC with 1000. It's only $1000 right now but by EOM it will probably be $5000
Henry Jackson
do you have some more formal reading material?
Joseph Cooper
What do you want me to talk about?
Christian Cook
Don't get me wrong dude, I want to be sold on this. Really bad. I would love to see this project nail a great value prop and be all but guaranteed to be the biggest cloud computing network in like 2050.
But I think about the actual value proposition - using a decentralized network of (let's be honest, probably pretty shitty) computers to run your code? That seems really inefficient compared to the already well established services like Asure, AWS, and other data centers which rent out quality processors dedicated to running 24/7 on a large scale.
Does this network pay you proportionally to the computing power you provide? How does it handle cases where someone currently providing their computing power wants to stop mid-execution because they need to use their PC? Most software requires WAY more power and storage than a single PC can provide to run their software - will it plan to divide the work between different machines over the internet? Cause that really, really doesn't work unless the code is specifically designed to be able to do that. Why would any existing company that provides these services switch to this decentralized system when they already have their payment processing set up?
I'm not saying this coin won't go up, especially in the short term. In fact, it probably will from all the hype. But I don't see the long-term real value of the project
Jaxson Perez
We'll who's to say that these companies like AWS don't need something that iexec has developed? Remember we don't know everything yet. There definitely has to be a reason for all these companies to be surrounding iexec in the way they are.
Cameron Morgan
Not impossible.
But can you imagine someone trying to get funding with a pitch like that? Some dude and his brother walk onto Shark Tank and they're like "listen guys, I want a valuation of over 1 Billion dollars, and... umm... well like maybe Microsoft might use something we're inventing"
Lucas Rodriguez
>using a decentralized network of (let's be honest, probably pretty shitty) computers to run your code? A CPU is a CPU and a GPU is a GPU. If they perform the task and have a good reputation, it all works fine. >Does this network pay you proportionally to the computing power you provide? Of course >How does it handle cases where someone currently providing their computing power wants to stop mid-execution because they need to use their PC? That would be a bad actor. You should know that when you are in a market that doing your job is the most important thing. If you don't have redundancies set up that's your own downfall. >Most software requires WAY more power and storage than a single PC can provide to run their software
MOST don't require WAY more power, it's the opposite. FEW do.
And yes, iExec can do Bag-of-tasks aka split processing.
>Why would any existing company that provides these services switch to this decentralized system when they already have their payment processing set up?
Because iExec offers technologies and security like no other. It's also basically free to attach your cloud to, you just need to set up the workers and stake a small amount of RLC. Not only that, but when, or if thousands or millions of people connect their own cloud processing units to the network they will be able to offer their services in a p2p manner at any price they want, creating competition for any major cloud provider.
Those cloud providers will want a piece of that action, as blockchain technology is seen as the next step for technology in general.
If you don't see the long term value you don't understand the power of being able to trustlessly trade computing power and data over the net.
Owen Campbell
useless piece of shit
Cooper Perry
Right now is pretty much the blockchain made decentralized super computer. Workers (you, me, Google's own cloud pool, anyone, its decentralized) stake tokens on their computer and dedicate computing power to a cloud, like any other existing cloud. Except for the fact that is the blockchain's own decentralized, massive computing power cloud that can also tie in other tech giants' clouds and allow them private data and power sharing. Here is where it gets interesting. Also I bought this at 82 cents. But anyways here is where it gets interesting. Look at the partners is already currently has, especially in the cloud computing consortium. These are the players pushing it along. The biggest tech giants out there. All of them. There is an announcement on July 20th at the Enterprise Ethereum Alliance of a new partner, a "tech giant" And it was leaked on the website, if you clicked an old image of its partners, it updated to show Amazon.
They aren't trying to get funding though.they don't even care about us for the moment. They are fucking nerds making something dank. The reason RLC isn't as big as it is has everYthing to do with the fact that they are devs who can't market. If their idea is half as good as it looks on paper it will literally sell itself.
Leo Murphy
Checked and kekked. It should be really easy to shill that image to normies.
>"Hey susan, would you invest in a company with partnerships with these companies?" >they see Intel, Microsoft, Amazon >"Woah AMAZON? How do I buy this? Will it make us rich?"
Andrew Diaz
Amazon is no longer a partner It was a mistake They updated the image
Adam Gonzalez
Dude RLC got funded extremely hard in the ICO, the company is very well off, not only that but the actual FRENCH GOVERNMENT gave them 2 million euros or some shit a while back.
Daniel Stewart
No shit they updated the image. It wasn't supposed to be there.
James Butler
Yeah it was clearly breadcrumbs left for us. They showed it, we got wind of it, they tried to "hide it" for the reveal at the end of the month, and when they "reveal" the partner it will be back on the image
Justin Cook
Because it was a mistake
Jason Howard
ROCK BOTTOM AT 0.5 Will be the point i comfy buy just for the memes. Even then i will only invest $100 like a true chad who actually treats Shitcoins the way it deserves
Mason Hill
Yeah a "mistake" Well, what a nice "mistake" for us to find so we can buy before the billions of dollars flood in
David Myers
Mentally ill user, not so based. It's pumping.
Carter Miller
Do you not think if all these companies were in bed with IExec that all the wealthy employees and their friends, families who work at all those mega corps wouldn't have bought this shit up and it be $1000+ already? Give your had a fucking shake.
Anthony Carter
^head
Nolan Evans
Good discussion thread, quality. I'm still not convinced though. I just don't see it, feels like a siacoin. Sounds great on paper, but is it actually needed, competitive and useful?
Carson Nelson
I mean mistake as in misunderstanding. When the team member posted he said they only use AWS and it's not a partner so the graphic designer accidently added them
Owen Jenkins
>80 million marketcap >he thinks there aren't a few insiders They aren't going to risk that much money, it could still dump. Nothing is guaranteed but some things are likely.
Do you really think a centralized cloud can compete with a decentralized market that offers the same or more/better/tech advanced services?
Colton Jenkins
>When the team member posted Lol. iExec does not post here, this is a dark corner of the internet that only retards come to. It's filled with absolute shitcoin spam, trannies, nigger spam, porn, scat, gore, etc.
Also why would they care if their coin is pumping on a rumor? Some of you don't have brains it seems.
Samuel Campbell
Well he seemed really convincing
Lucas Phillips
You must be new here...
Joshua Morales
He fucking named team member personally you dolt. Who would do that in real life? Publicly shame your coworker? Lol
Jeremiah Phillips
Lmao these kids here have never worked at an actual job and don't understand professionalism
Caleb Nelson
What are you going on about lmao It's just larp fud dude. "I'm on the team. Our team member, THIAGO ALVES, (look him up he's on the team) accidentally edited the image and put AWS on there. Dont know how or why!! Sorry!!"
You guys keep referencing that like it wasnt 100% larp. It was 4 am EST on Zig Forums lmao. How is there any credibility whatsoever? If he was a legit he wouldve given proof or said nothing at all. Why would they reject publicity? Wow wow wow
Evan Young
Generally, centralized, professionally managed services are faster and more reliable than decentralized systems. The only thing decentralization gets you is robustness against unanticipated disasters. How does iExec scale faster and cheaper than the big cloud providers? If they saw fit to get into decentralized, tokenized cloud computing, why would they use iExec instead of rolling their own system so they capture all the surplus value?
