iExec is very undervalued right now
iExec has confirmed that in their next release which will be their big important release, they will introduce both staking and the decentralized cloud computation resources market place. The market place for computation resources is in my opinion a true breakthrough in the cryptospace and nothing like it will exist if iExec meets their roadmap for May 2018. So if we look at these facts we can see that the RLC token unlike many other tokens in the crypto space will have true functional utility. It will allow the holder to barter computation resources, and allow in a way these tokens are more like vouchers.
So the token will have at least the value of the utility provided by those computation resources. Considering this will be general computation which means anything can be computed then it will be like having a lot of virtual instances in a decentralized cloud. This opens a of opportunities as well, so I expect great things.
Looking at the log chart for RLC I can see that the ICO price in BTC terms was much much higher than it is right now. The BTC price right now is lower because people sold their BTC for iExec and then sold out of iExec. The price right now is 0.00004839 BTC but the ICO price was much higher than this in BTC terms. Immediately after the ICO the price was as high as 0.00028549 and even went as high as 0.00050274BTC. To see what these prices look like now in USD we would have between $4.85 to $8.54 per RLC token. This is in my opinion the actual price range for the RLC token today, and in the future this range should be higher. So we should note, RLC is currently dramatically under valued, under the ICO price by far in BTC terms, and this is because short term speculators have discovered the opportunity cost of holding RLC is just too high right now.
Staking changes this picture. If RLC is going to be Proof of Stake or offer any kind of interest for stakers then this suddenly gives people a reason to want to hold it beyond hoping the price goes up so they can sell it. This could be the event which wakes up the price of RLC to it's true value in my opinion. My prediction for RLC is between $5 and $9, until staking activated in which it could easily go much higher as staking will lock up the supply.
gd work ...and thx for sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received gratitude of 1.00 % from @jout
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 0.27% upvote from @postpromoter courtesy of @jout!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Undervalue is not meaning that is good for input. What a perspective have the progect.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
curious on your perspective:
while this and Golem have a strong value proposition for their advantages of lowering costs and increasing speeds of decentralized processing power (to my understanding), what do you foresee happening to/with them years down the road once quantum computers hit market?
I'd assume that once quantum computers become more accessible, their capabilities would blow even networks like these out of the water, thus rendering them extinct. Or, how I might be mistaken on this...?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
First of all, dana, excellent write-up. I am so excited to make use of my tokens with future dApps. The initial launch of the app store has me super excited for the potential power an individual will be able to harness. I made a similar article and compared iExec with its competitors and linked some of my favorite resources. If you guys are interested it's a great compilation!
https://steemit.com/cryptocurrency/@apie/iexe-the-golem-slayer
But that's actually a super interesting point. Need to think more about that one. True quantum needs insane cooling and thus will only be available in the cloud short to medium term. So my guess is very few will be available and heavily queued for truly intensive mathematical computation. However. the computing need for scaled applications will be more immediate. Longer term outlook maybe they find solutions to the cooling problem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Informative and great post thanks for sharing
@dana-edwards
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's a Informative post and thanks for shared this Cryptocurrency news @dana-edwards 👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Informative and great post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your today's story is very good.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Now the token is getting revealed to the masses. Still a lot of room for profits left. We keep it in our long-term portfolio.
The Best way and the most reliable one - find the gems (fundamentally strong projects which have strong team, a product in the mind to solve an important issue with high utility value). Ideally, it should have a reasonably deep moat vs. competitors. This is the recipie for success! Earlier or later the market will recongize the value of the project and will award you with immence profits. Real life example, RLC token (iExec) >+100% today! This pick was included in our portfolio yesterday and published here https://steemit.com/crypto/@p2port.com/crypto-portfolio-high-quality-crypto-assets-for-long-term-growth-created-on-11-january-2018
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit