No quant thread? Are we keeping quiet during this accumulation phase? Feels pretty comfy that no actual competition to quant/overledger exists on the market today. Just projects that do small pieces of what quant can do, and will probably need overledger to be fully adopted/integrated.
I've literally never had a comfier hold, and don't even give a fuck if you buy quant or not. I'm kind of a brainlet (relative to most quant holders I've talked with), so if anyone has any questions, there's probably someone way more qualified than me that can answer them better
Anyone have a link to the article suggesting a conservative $13k per token based on utility by ~2030 with zero speculation involved? Hope some of my shit moons and allows me to stack hard into the top 100 wallets.
Kevin Rogers
Idk I think that's hopium (phoneposting so my id probably changed, but I'm op). Just like link "$1000 eoy" memes. But if trillions pour in from central banks, I guess any moonshot number is technically possible.
I could very realistically see $500 each at some point during a bullrun if quant jumps to a top 10 mcap token, and $100 is realistic in 2021
Josiah Turner
You don't think $10k is possible in case gateways end up in phonechips and more, with OVL and OVN becoming the hyperdecentralized standard of communication between systems, each of which would need some staked QNT in order to process TX?
I honestly don't know the exact effect CB's will have on quant's price, or how expensive their transfers will be (ie, how many tokens they'll need to perform their transfers). It also depends on how many other platforms CB's use that need interoperability through overledger.
I don't think making crazy claims like a $175bil mcap is productive or healthy (even if it is technically possible)
Charles Cox
Quant is technically and fundamentally the best play of this entire market cycle
Josiah Wilson
How about licenses alone? $1k isn't much over a $10b market cap. Doesn't seem unrealistic for a globally adopted protocol that is fundamentally ingrained in the next internet...
Autodesk already has $2-3 billion annually from subscriptions...
Nathan Martinez
And unlike every other good play this cycle, Gilbert isnt idealistic (he knows how banks are) and quant isn't just giving their code away for free to anyone that can control+c/control+v
This is true, but again it depends on like a million variants, and even though CB partnerships have been confirmed and in place for a year or so, I haven't seen anything that breaks their revenue model down in terms of dollars and cents. What is certain is that the mcap will be way way higher, but again it depends on too many factors to know for sure. Until OVN goes live, every guess is nothing more than a shot in the dark
Mason Allen
Bumping with 1y chart. It almost looks fake or like it came from a textbook, it's so perfect
Gilbert touches on it here, and I get the vibe that he knows something we don't (ie, regulatory crackdown on exchanges or something similar), and doesn't want to be associated with it right now. I also don't think he wants a huge speculative bubble before their OVN is even live.
Interesting thank you. Very bullish. Cant wait until we get an actual demo or footage of OVL. Verdian will be the new Bill Gates when its all said and done. Hopefully with less eugenics though
Henry Torres
I could see it. He's basically making windows for blockchain. The fact that banks require proof of concept before adopting new technology is basically why were even able to invest in this. Gil's only choice was either reddit zoomer moonbois/CEX chinks, or turbo autists who aren't phased by monetary gains/losses as long as theres a longterm vision, and he obviously chose the latter. But I'm pretty sure there would be no public investors if he didn't need usage of quant's network before getting widespread actual usage from banks/governments
Andrew Parker
And the https for digital assets.
Bentley Cooper
qnt is literally the coin of 2020, awesome!
NEC will be the coin of 2021
John Moore
These projects aren't at all comparable, but ok, you do you
Jordan Powell
Honestly that looks like shit
Angel Anderson
>or turbo autists
This is why quant is the next link.
It takes a cripplingly high IQ to understand this thing. The others will fomo in at 15bn cap.
Jaxson Reyes
He could get a job at any bank or financial institution with a phone call, and most likely any branch of government in most countries as well (including every 3 letter american one)
Eli Hall
>It takes a cripplingly high IQ to understand this thing. Pretty much. I'm not even an idiot, and basically coasted though life being smarter than all my peers, but just trying to conceptualize the scale and economics of what quant is trying to do makes my brain short circuit. The level of intelligence here is very very high, to say the least The complexity and intricacy required is staggering.
What's funny is that I think quant will just end up being extremely bullish for link. Like the pic I posted earlier itt in regards to the automobile boom of the early 20th century; 'investing in quant is like investing in the roads'. Quant will basically be a kingmaker, and overledger will add tons of usability to chainlink. Imaging how happy you would be for asphalt roads if you're gm or goodyear?
Josiah Thomas
What's shit about it
Alexander Wright
what does this do, eli5, looks like a generic eth killer with not a thing special about it. same exact buzz word salad as everything else.
Christopher Gutierrez
Quant would connect eth to other blockchains/offchain applications which it currently has no way of interacting with because of vitalik's essentially unscableable spaghetti code. Eth wouldn't even be able to handle a single company like walmart's transactions, nevermind the whole world. When asked about the scale of quant, gil said he envisions billions of concurrent users being connected through the overledger network.
Would companies like SIS (tech provider for European CB's), oracle, hyperledger and amazon aws be partnering with them if they were "just another eth killer"?
Isaiah Rogers
>SIS Typo, meant SIA
Tyler Wilson
Yea buzzword bingo thanks
Leo Russell
I have 1000 of these my biggest fear is still lack of a real exchange hindering its price growth everything else seems to be in place to make it a good project but I'm still worried about lack of exchanges at least wallet count is finally growing
Kevin Bell
Exchange listings will come when people are foaming at the mouth to get in. Patience.
Michael Wilson
user I've been hearing "patience" for 2 years now it doesn't take that long to get listed on an exchange, Gil doesn't want to spend the listing fee and would rather invest that money elsewhere I get it, but I think from a price growth standpoint it's not the best move
