/biz/ - Business & Finance

>>53672615
>mfw I got suckered into this scam and now I am waiting for the inevitable slow bleed.

idk but that public worker thing has been awesome so far, go paid 26 RLC after 3 days of executing tasks

>>53672775
Congrats on your 26,000 payout so far. You're a chosen oiler.

>>53672615
What is the RLC make it stack? Is 500 barrels enough to make it?

>>53672802
deluded bagholdy

>>53672775
where you get iExec Worker Pass NFT anon

Literal shit since 2017. You would think enough people or whales would be invested. But no it's just a hell like prison. Never gonna make it

>>53672840
Right now it is no longer possible unless you find someone who is willing to give/sell his to you

>>53672914
Look at the top 100 wallets, they never move, everyone knows its a ticking time bomb.

>>53672615
Because it's a 2017-era shitcoin that hasn't gone anywhere in 6 years.

what? RLC pays YouTubers to make cringey ass videos

https://youtu.be/xrZtOv6gKmk

https://youtu.be/8MTQK1VnKQo

In fact it seems like a lot of street shitters and blacks hold this coin

https://youtu.be/pyo3TCn10IU

starting to think this coin is a scam

>>53672966
>that hasn't gone anywhere
Where should it have gone?
>>53672985
>>53672997
Only street shitters talk about it, no big youtubers beside chico

>>53673037
If there was moon potential to it, it would have done so years ago. Other coins have already performed far better with way less time. RLC is the GME of crypto.

Is this the $2 waiting room

>>53673082
It did 100x though, watch it do it again

>>53672997
Looks like a Colorado coin. Bunch of southern boys like it too.

>>53672615
No way I haven't seen this dogshit skilled since like 2018. Rip biztards who got scammed.

>>53672775
and here we are 1 hour later, got paid 3.5 RLC since then which is like 7$/h. Also, the tasks involved performing computations related to Black Hole spins, and not calculating a bunch of hashes in order to solve an imaginary math problem. I guess you can make your own opinion, but I think the tech is pretty cool. I think people really haven't really realized what iExec is about

>>53673605
3.5 RLC is $3500 per hour (in realistic timeline terms)

>>53672615
Because most discussion on other parts of the internet today is either artificial or artifical-derivative (if it's being had by people who have engaged with artificial online discussion for years). It's all just algorithms talking to each-other at this point, either literally or via human mouthpieces.

Don't you guys see it yet? It's so obvious -- the signals are everywhere around you. Bullish for RLC, surely.

>>53673605
>>53673627
I am curious what brings people to try to shill obviously dead shitcoins with a known history of rugging like this. Are you guys organic baggies who figure enough time has lapsed that it might be worth trying to pump? Are you guys a coordinated discord playing a numbers game where you just buy a bunch of dead coins and see which ones are pumpable? Are you hired shills? This thread I clearly not going anywhere so there's really no harm in being honest but I really do want to know.

>>53673739
I just think the tech is really interesting, and even if rlc has been around for a long time and hasn't moved much, this is pretty much the first week we were able to see what it was capable of. Shiny new coins will probably outperform rlc tho, but apart from pure speculation, it will be an interesting way to monetize your idling computer power

>>53673082
Brainlet. Here is some hopium for everyone. Microsoft is well aware of RLC, and invested billions into chatgpt. Chatgpt is having capacity issues. Just wait until there’s an announcement chatgpt will be using distributed computing to solve that problem (Gilles is basically the father of grid computing), or when people realize the logical endpoint of AI is that it has to be decentralized, while keeping their algorithms encrypted while able to monetize it. It’s dizzying the amount of use cases RLC has for AI. Seriously do not sell until 1000

>>53673739
>obviously dead shitcoins
Funny how obviously dead shitcoins are the only ones at the biggest AI festival in the world huh

>>53673901
200 IQ take. This anon understands. Imagine being able to power AI with any idle PC in the world.

>>53673605
This is almost as bullish as when I saw they had over 10k applications for the working pass per give out. I was unsuccessful on all and insanely jealous. Congrats to those actually a part of this. It’s fucking ground breaking and the fact RLC is still under the radar is nothing short of a generational opportunity. Leave out chatgpt or any of the big (but completely plausible) moon announcements; just imagine when RLC announces their worker pools are helping power John does AI algorithm from the university of who cares. This will be worth more than eth one day. Screen cap this.

>>53673739
Painfully low IQ take. They didn’t sell a single RLC when it hit $20. They’re hiring like crazy. The only crypto project at THE global AI conference. Take their tech out of it for a second (which is the main reason I’m all in)… what does the above points tell you..?

here's a last picture to show it works. I have 4 tasks right now, each taking one whole CPU (I have 8 so i don't care) and they usually take ~40 minutes to complete. Each task is paid 0.5 RLC

>>53674077
Jesus this is cool. Paging openAI and their capacity issues….

I bought this piece of shit scam at $4 and it has done nothing but leave me over 90% down. Useless vaporware scam piece of shit that other bagholding incels who bought at pennies are trying to dump on you. Don't buy this dogshit, or any other macrocap dogshit here that isn't BTC or ETH. You've been warned.

>>53673200
yeah you didn’t check the global, lots of pajeets like it too

>>53674043
This one workerpool will last until March, but I guess they will have others in the future. TEE-Enabled tasks are still not available through public workers yet, so I suspect they will have another workerpool thingy with TEE-enabled tasks. I also saw some guys trying to sell their NFT in the Telegram if you really want to get one, tho it might be easy to get scammed I guess

>>53674166
Thanks fren. I am sure the team will expand the nfts themselves, I can wait til then.

>>53674133
HAHAHAH HE BOUGHT AT $4. HOW'D THE FOMO TASTE IDIOT?
there are winners and losers in this world
you are the loser buying the top
you will never make it

>>53674133
I mean there are guys that bought BTC at 65k. The only thing that means is you're bad at the market (which is fine because most people are)

>>53674077
I'll admit that this is pretty cool, but where are the payments coming from? Does the person posting the bounty also post a rate which they're willing to pay? (no, I'm not looking it up on their website)

>>53673856
How do I set my old laptop up?

digital
D O G S H I T

>>53674303
Exactly, all of that is done via a standard marketplace
>>53674321
You need their NFT, if you have it go check https://github.com/iExecBlockchainComputing/wpwp-worker-setup

>>53673901
Thank for the hopium
How do I get the WP's NFT ?

>>53674077
Checked. Wow rlc is actually doing something?

>>53674600
It was limited unfortunately. Maybe you find a seller in Telegram or Discord.
There will be more drops on the future. This is the first test iteration.

>>53674321
>Based Linux dedicated docker
>Buy NFT worker pass
>Bieetconeeecttttt
>Sit back and enjoy making $2000 and hour
>Noilers btfo

>>53673901
I believed this like 3 years ago the first time this was spouted on this board. This coin is basically a cyclical scam

>>53676137
lol it's pure pajeetery
the worst part is the "don't sell until $1000"
as if they didn't know it's gonna dump afterwards
fortunately, you can ride the waves.

Jfc I'm in the secret telegram and everything Blair, baptiste and Lorenzo has been bearish as fuck for so long. If you still hold this shit you're felt delusional, the dotb was on coinbase listing

>>53677243
>Muh secret telegram
Cope harder nigger who sold the bottom

I have 8,700 what am i lookint at in lets say 5 years

>>53672775
Do you know when the public launch is?

>>53678082
87 million dollars

>>53672775
This is unironically concerning. If you were getting .5 or 1 RLC then I’d be happy because that means it’ll probably go to 500$ but 26 RLC for what? Doing something trivial? And you’d be making 13k each task or whatever?

I think that scam artist Martin shkreli shills it.

>>53678215
>>53673901
>>53673627

>>53674077
How many tasks could you realistically complete in 1 day? And will tasks become more difficult as more people are using it or more time passes… because if you can compete 30 tasks a day pretty easily… and it remains that easy in the future as more people use it… and the rewards don’t drop down… Then the price is going to go nowhere near $500-$1,000 because if your getting .5 RLC per task and it’s 500$ you’d be making like 6k per day which is totally unrealistic.

>>53678215
People literally got 10s of thousands of dollars for free in airdrops, testing a new tech and being rewarded for being a part of a select lucky few is worth thousands.

>>53678300
>price wont rise because 50 people are getting 500 free RLC
Retarded 0iq take
People last bullrun were getting lifechanging money for simply using metamask.

>>53678300
>the rewards don't drop down
The rewards (in RLC) will drop down because there's a harshly constrained supply. Nobody is going to pay $12k ($1000/RLC for sake of argument) a day. They will pay the minimum they can and still receive workers.
>>53678326
Also this. Uniswap gave me like $8000 for free because I used it exactly one time lmao

>>53678335
The guy you're talking to is an actual retard, he doesn't realize iExec is a market and prices would change lol

>>53673082
I will prefer ORE instead, it has more potentials than RLC

>>53678460
>I will prefer
Post hand

>>53674688
You can get some NFTs used to manage access control on off-chain APIs instead, I think that will be a better option

>>53678326
>>53678333

That’s a one time thing retards. This is a useful tech that people can use everyday all over the world. If you can easily make 26 RLC a day while jacking off then the price isn’t going to be 500$ because that would mean you and many others would be making $13,000 every single day indefinitely.

>>53678335
Ok, then then it drops… good… then that relieves my concerns

>>53678483
And these tests are one time things, or extremely rare once a year or other year events to test the tech, you're just a retard.

>people can't make exorbitant amounts of money for free because I said so!
The market is much larger than you know and it will show you soon.

and also the tests only run for a month, and there's only 45 people running workers. Pennies in the bucket for iExec who's warchest is tens of millions or more.

>>53678464
Only if you understand what you stand to loss if you disregard this, you'll rush to dyor, web3 projects will sweep ya feet unaware

>>53678523
>stand to loss
Pajeet gtfo
also iExec is the definition of web3, web4, web5, to infinity. Why do you think it's lasted this long?

>>53677352
Lmao i sold 20,000 at ~$10 if I wasn't phone posting I'd get you the etherscan transaction. Enjoy your #v5000, let me know when it hits $3 lmfao

>>53678535
I don't know about iExec, different projects offers different solutions, and Ore aid web2 migration into the web3 space, so expect it to last the test of time

>>53678637
>I sold 20,000 bitcoin at ~$10, let me know when bitcoin hits $3 lmfao

>>53678300
Tasks are bought and sold like any commodities. If you try to sell your computing power on iExec for an expensive price in rlc, you won't find any buyer, so you'll be forced to lower your price. Most likely, the price will be kinda fixed in fiat, thus lowering the price in rlc if the rlc token goes up because of speculation.
The tasks won't become more difficult because they are not designed to, this is not a Proof-Of-Work kind of thing. You execute CPU cycles on your computer because someone else need those CPU cycles.

>>53678656
That might apply if RLC was a higher price than $10 but right now you're just holding my bags lmfao, thanks for being my exit liquidity kid

>>53678704
All signs are pointing to $500 RLC.
You'll be memed like those retards that sold BTC under $10.
>Implying I didn't buy under $1.

>>53678523
lol a pajeet shill

>>53678715
Lmfao COPE, Gilles and Huiwei will never let it get that high.. .it's a hobby research project at best

>>53678725
Yet you're still here coping that you sold

>>53678732
you have 20 pbti you clearly are a paid shill. lol this coin is so embarrassing

>>53678739
>20 pbti
I don't even know what this pajeet shit is that you just said, pajeet.

>>53678744
clearly you are a street shitter here visiting
>doesn’t know what pbti is

>>53678792
>Use some obscure acronym that I've never seen in 20 years on the internet and 10 years on 4chan
>Pretends it means anything
Kys pajeet

here's how much people have made so far.

>>53678844

>>53678814
Yeah this is a street shitter on defense

Where the mods at? Clearly this is a scam and now people are begging and advertising

>>53678941
You are clearly the street shitter shitting up my thread

this coin no scam very good worker pull

do no listen 4biz this coin very nice!!

Because biz is equally retarded and smart

do no sleep on this coin finance form! it going up

>>53673082
>This AI cryptocurrency should have taken off back when no one was talking about AI duhhh

>>53676137
>I believed this like 3 years ago
>gpt-3 was released on march 15, 2022

???

>>53678460
Different utility and not to be compared. Ore is undervalued though.

>>53678460
Here come the obvious jeets to shill ore. No one is buying your scam. Move along

>>53678523
>stand to loss
Have you shills not learned to use grammarly? Or even chatgpt could fix your shitty English.

>>53678523
Still early as there's a lot of services in the space. DiD are not spoken well enough of.

Im genuinely interested in investing in rlc but Im also very stupid. Can any anons explain whats stopping big tech from distributing/selling computing power on their own platform in the future instead of having to use Iexec?

>>53681034
Access to decentralized computing power and data will be a necessity for AI otherwise we will have the same centralized problems we have today with censorship, cost, downtime, and other shit. I want AI to be decentralized and private. I don't like the idea of centralized AI because it could lead to very bad outcomes. Chatgpt is already programmed to be woke...

>>53681131
So the success of RLC is banking on the consumers choice to go decentralised versus centralised when purchasing computing power for AI? Sounds like an uphill battle but almost everything is these days so I might take my chances

>>53681328
I'd say part of it is consumers but there are many enterprise use cases too

>>53681131
This. Type into chatgpt what white ppl can improve upon vs black. But that’s just training the datasets. RLC also provides a solution for computation constraints and downtime via workerpools, their flagship product finally live.

>>53681328
>>53681359
No. This is a common misunderstanding. RLC aims to become a marketplace for computation. Almost by definition the computational cost will be less on the RLC platform for the same computing power required per task. AWS no longer would have a monopoly (again in theory). And, there’s nothing stopping AWS from providing their computation power to the decentralized iexec network.
>tldr: no. iexec is not competing with AWS.

>>53681758
Thanks for taking the time to explain anon. I think I get it now. I shall buy and hodl, mainly because I haven't figured out how to make more RLC with the NFT

>>53681758
>>53681034
With this said, I’m all in on RLC, but not buying right now. Bitcoin could still shit the bed and drag rlc down with it. My avg buy is $1 and I’m unironically waiting for 500-1000. This is easily a top 10 coin with as much usecase as eth.

>>53681034
iExec also does can do things AWS can't:
- Computation on confidential datasets: The data is only decrypted inside Trusted Execution Environments where only authorized code can be executed.
- You can rent out encrypted datasets for usage without leaking the data so you don't lose ownership or control
- Provide offchain computation for smart contracts with Proof of Contribution to make sure the requested code was executed.
- Decentralized oracles

>>53681870
>decentralized oracles
Always makes me laugh the team just tossed in oracles because they could, lol. I’m actually most bullish on confidential computing which flies under the radar. Imagine training AI models on identifiable healthcare patient information, which before RLC, is completely hamstrung by applying for ethics and hiking up the mountain of bureaucracy. Once this is marketed a bit more and presented as viable to pharma companies, hold onto your hats

>>53681949
True. Idgaf about the oracles. Link already is the standard desu
Confidential computing is the true game changer,.
Although "just tossed in" pretty much nails it what they did in terms of marketing lol

>>53681949
>>53682017
Can you make oracles in 3 minutes with LINK? I thought there was another use case for them like generic oracles or something

>>53682048
The oracle factory is unironically being used by a ton of research projects and is crazily user friendly. I’m not saying it can compete with link, because it can’t, but the fact the team just produced an equally good product for the fuck of it should tell you all you need to know about RLC.

>>53682048
I don't think you can with LINK. The iExec OF use case is fast & easy creation and exotic data.

https://medium.com/iex-ec/decentralized-oracles-the-who-what-and-why-a-recap-on-iexec-trusted-oracles-a483a0a5f2c1
>Here’s a hypothetical: you need specific information, like the temperature of San Diego. You better hope that this topic is “popular” enough so our competition features it. Not popular enough? You’re SOL (nope, not Solana. To any non-native English speakers, this is slang for “not good”). With iExec, you are not limited to what someone else puts out. You can spin this up yourself or use someone else who has spun this up. You know, the very essence of blockchain.

>>53682089
>>53682183
Based. Wagmi

>>53681949
>>53682017
>>53682048
>>53682089

Gentlemen, allow me to introduce you to the orchestrator. Surely you realize that the iExec Oracles need to be connected to the wider Chainlink DON by some means if the data they provide is to be high enough quality for the greater market of data requestors to depend on.

And surely you realize that the wider Chainlink DON needs decentralized nodes running on a decentralized execution layer (which RLC workers can now provide).

Come on fellas, let's look for the big picture as we make our speculations. This is all in the open for anyone to see.

>>53682823
This pic was made before iExec decided to make their own oracle solution.
TLDR; link not needed.

>>53682866
Actually it went like this
- iexec makes oracles
- iexec doesn't market oracles
- chainlink makes oracles
- chainlink markets oracles
- chainlink gets used
- iexec wants to be used too
- iexec makes a collab demo with chainlink
- iexec forgets about chainlink collab demo
- iexec makes oracle ui without chainlink
- iexec doesn't market oracle ui
- nobody cares

>>53682866

Laughable. If you're not holding both I don't know what to tell you. They're both critical pieces of infrastructure for the the data commodification economy our civilization is giving birth to. And all of these networks (be they L1s, L2s, existing proprietary enterprise networks or centralized/decentralized Oracle networks) will be connected to one another in the immediate future.
The barriers preventing the free digital flow of money between market participants will come down one by one until markets themselves have control over money creation and resource allocation once again. RIP central banks, nation states and their zombie hoards of bureaucrats and administrators. RLC and Chainlink are both critical elements of this new order.

Energy (BTC) is real money. Irrevocable access to free markets (ETH) is real money. Good data (LINK) is real money. Computational power (RLC) is real money.

The United States Dollar is not real money.

underperforming piece of shit

>>53682923
>>53683042
>>53683069
You're all correct but I'm still not buying LINK because it's too 1 dimensional for me.

>>53672615
because biz is retarded. iExec has raised 10 000 (TEN FUCKING THOUSAND) BITCOINS in 2017. They have infinite money, they hired bunch of researchers and they are also funded by French Research and EU grants. They do not give a fuck about getting adoption or clients. iExec is a R&D effort about distributed compute. Basically a scam for RLC investors. They will never need adoption, they are already filthy rich. You know I am right and only biz does not know this. Try to refute my post and I will send you 1 XMR.

>>53683151
>team is rich therefore scam
Retarded 0 IQ take

>>53683193
never said it is a scam, you fucking dumb nigger drooling retard. I said they have infinite money and 0 incentives to grow the token. Enjoy being a retard, continue being a retard.

>>53683193
again, my post is very clear. Go fuck yourself faggot.

>>53683269
>>53683280
Your post is schizo level retarded shit. Your logic makes zero sense considering both heads of iExec hold 1M RLC each+15M more RLC in the team vault which would greatly outperform their bitcoin holdings if they made RLC a top 10 coin.

You're being irrational in order to mislead bizraelis.
The fact that the project is rich in Bitcoin means nothing, in fact it makes it even safer to hold because they are solvent and can keep the project development going forever. The Lindy Effect shits on your life too, faggot.

>>53683327
do you think holding 1M RLC is more significant than having 20%+ equity in a company that owns 200 000 000$+? I would say not very

>>53683573
>conveniently ignores that they also have ~15M RLC and best case scenario if they make RLC a top 10 coin it would be worth billions more than their bitcoin
You're retarded

>>53672615
K

this shit is a pajeet scam

>>53684012
Tell us how

>>53673901
Please stop I'm not done stacking lol.. Only got 6100 atm. Trust me, people have ZERO idea. Picrel.

>>53684086
Nelly is gonna make it and make us make it guaranteed, you can tell she loves RLC

>>53684300
New World Order: Powered by iExec™

>>53681328
Why the FUCK would anyone care that their closed-source AI program is ran on decentralized servers.
>>53681758
But big data centers set up in places with cheaper electricity. They have the ability to negotiate lower hardware costs because of their scale. They probably get tax incentives and shit we don't. I seriously doubt I could run a computer cheaper than Amazon.

>>53681131
You could run an open source AI that is not neutered on a centralized server. Decentralized computation doesn't mean shit.

>>53684383
Amazon servers are always wasting them money at all times. Imagine thinking they could compete with a billion pajeets running on demand services with cheap coal electricity.
>>53684403
Imagine thinking they would want to run an open source AI. Imagine thinking users want their data stolen

>>53681870
explain to me how the TEE is confidential, can't the worker user just run a RAM scan?

>>53685607
It's secure at the hardware level. I believe it's Intel SGX

>>53684086
What is this

>>53683151
Nelly would never associate with a scam

>>53684403
You realize you just listed one of rlcs biggest use cases, correct? Institutions would WANT to rent out their AI models without exposing what’s under the hood. That’s the entire point, it allows you to
monetize AI models while keeping your secret sauce secret while also avoiding central servers

>>53687102
Fudders generally have no clue what iExec actually does, hell, even the holders too

>>53687317
K

>>53686823
Nellys milk is gonna feed us all

>>53687317
I have like 5k of this pieces if shit and all I know is that its supposed to be "digital oil", whatever the fuck that means.

>>53688137
literally just read this thread kek

>>53688418
Bump

>>53688418
Biz can't read it's just full of pajeets and bots now

>>53685694
interdasting,
>One of the main strengths of iExec lies in trusted off-chain computing. In collaboration with Intel, iExec has released the first-ever ‘trusted compute’ solution for blockchain (TEE using Intel SGX)
ah, so that's their partnership with Intel. This partially debunks my primary skepticism over RLC, thanks. (I still think hackers will find a way around it but it's a bullish sign)

It’s pretty obvious at this point that RLC is the 2018 LINK

>>53688137
data=oil.

>>53690942
>>53688137
I actually thought RLC was tokenized oil for years before I bought a sui.

>>53690932
It's pretty obvious that RLC is being suppressed