$RLC

so anyone know why rlc seems like its going to continue dumping hard? thought it seemed like a good project but guess I need someone to give me the reasons as to why I'm an idiot, thanks

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because BTC is on the cusp of falling to 16.5k

this and because biz autists are fudding it to accumulate lower and so newfags dont make it

Because it's literally digital diarrhea. Fucking sell it for alimony.finance or bond

Because hopefully it's the final shake out before the glorious bullrun in feb 2021 for BTC

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It's a useless token. Very low usage. Most of what it does is completely obsolete by proof of stake transaction speed improvements. It doesn't seem to store data, but rather outsources cloud computing capabilities. I have been fudding RLC for a long time now and no one can give me an example of a single dApp that would benefit from using RLC's services rather than creating their own server. I just keep getting called stupid.

I'm bored by this stupid coin and am going to stop fudding it and block threads. I fud coins so people can tell me that I'm wrong so I don't miss out on investment opportunities, not to be an asshole. If we're not discussing the merits of the technology and how a token will realistically gain value or genuinely improve the crypto space -- you're just wasting my fucking time.

Because a window of time between now and the US legal opinion has been confirmed, so investors can now dodge opportunity costs by dabbling elsewhere.

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Also if an entire community doesn't come forward and explain why their coin is good, and just keeps posting pepes with dollar signs, you're ngmi.

Kleros and Statera posters are at the very least funny. RLC is digital poop.

Wtf does transaction speed have to do with computation ability
And no, the reason is

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it has been over all the time

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this, if you sell now youre stupid

"Despite their unique promise, blockchains offer very limited computing capacities to run decen-tralized applications: few kilobytes of storage, very inefficient virtual machine and very high la-tency protocol. Eventually, blockchain technology will evolve to overcome some of these issues, but there will be an ever growing need to provide additional capacities to all but the simplest applications."

It has to do with the latency of the protocol. iExec doesn't seem to be a blockchain agnostic solution to cloud computing -- but rather a way around having to make more complex computations on PoW blockchain with high gas fees and extremely low transaction times. It's white paper was literally written in 2018.

If these "latency" issues the white paper discusses do not exist and we're able to have potentially trillions transactions per second on a blockchain -- why not just pop open my own server and have it be much more secure than having a random middleman?

Pop open your own server then. Meanwhile people will just be using iexec and not have to buy servers

Servers are fucking cheap. Why would anyone want to put secure data through a middleman?

It seems like the only usage for this is Cryptokitties.

Proof of stake makes this dogshit coin worthless

How is it a middleman? Thats like saying Amazon or Walmart are middlemen just because they provide a place where you can easily buy products from anyone all in the same place.
Youre just overthinking shit.

Because you're storing data on their server for cloud computing (otherwise it would inherently be more slow than using your own server, because the biggest bottleneck in processing time is internet speed) and it creates another point of security risk.

Holding extremely sensitive information is not like buying deodorant at Wal-Mart. Using RLC is more like sending all of your texts to someone to a server to send them out for you. Anyway, I'm gone now. I'm gonna go read about API3 and see if that is a scam because screencap this -- RLC is going into the shitter.

> I just keep getting called stupid.

That's because you are fucking stupid.

NSMDO

The amount of people getting phased by this shakeout has me excited. I've invested an additional 5K into other various crypto projects in the last three days alone (Including $1500 in Eth last night).

When Eth pumps again, I'll swing another 1.0 ETH to RLC.

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Your data is literally MORE secure on a decentralized platform

Just 2 more months. Trust the plan

>iexec

lmfao those dumb bastards

a volatile token is unusable for enterprise customers, because thanks to the IRS, any time you buy/sell/trade/dispose of a crypto asset, you create a potential capital gains/loss event

So, in order to use their solution, a business has to buy RLC, creating a capital gains event. Then every time they want to run some code, they burn it, creating another recordable event. This has to be recorded every single time the token is used, bought, or exchanged. At the end of the year, that's a mountain of tx's that the accounting department then has to spend time and money going through each tx and the relative prices of RLC and ETH and USD to figure out how much of a tax loss/gain they've incurred each time they ran iexec.

Or, they could go to the Azure website and click "Pay"

And that is your answer to iexec shills. Any possible savings their protocol might provide is completely undone by the accounting nightmare actually using it would cause.

Oh wow, you are actually fucking stupid. I will let someone else point out why, I know their are other RLChads here who can't resist the urge.

It starts with e and ends with C.

Dumbass fucking faggot. NSMDO. Your ngmi

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Don't listen to the FUD. The WEC's paper was very bullish on TEE. Despite the fact chainlink is mentioned by name, iExec and Chainlink are partnered for TEE. They have presented together multiple times. Also, iExec is in charge of the EEA task force for writing the off chain compute standards. Read more in this thread:
TEE will be the only way we get to see real widespread adoption of enterprise Ethereum.

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>Why would anyone want to put secure data through a middleman?
iExec is the opposite of a middleman you fucking dimwit lmao
Your attempts at fud aren't even worth responding to

>token is used for off-site cloud computing services
>not a middle man

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see

Watch the Intel Rescue Robot demo using iExec. if you have a modicum of intelligence, you might understand the fallacy of the logical thought process you're insinuating with your greentext.

It's now starting to make sense to me why I've been able to accumulate at these prices when the supply has been available for so long. You people are actually fucking idiots. This whole board, Zig Forums, literally, is fucking stupid. With the exception of a few /g/bros that post here about link and a few other chad projects, the vast majority of you are the biggest fucking idiots I have ever encountered. You are all actually so fucking stupid it blows my god damned mind.

Bad fud. Companies do not have to pay capital gains taxes to use cryptos for their intended technological purposes. Only normal people and investors do.

whoops i meant

You got dogshited

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Finally I can acoomulate

Okay ADA is setting up to be able to do one trillion extremely low cost transactions per second and this token can make a race car go around and now I'm a retard.

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>I fud coins so people can tell me that I'm wrong so I don't miss out on investment opportunities, not to be an asshole. If we're not discussing the merits of the technology and how a token will realistically gain value or genuinely improve the crypto space -- you're just wasting my fucking time.
I really don't give a fuck why you do anything. You are utterly meaningless and will never make it, no matter what you invest in.

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I've already made it. Probably going to go post some Statera threads to make you mad.

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why would anyone want a digital poo coin, that's only purpose is to create render 8k VR tranny porn?

I'm glad I sold at the literal top