/biz/ - Business & Finance

strap in, boys

>>9526922

A bit zoomed out

volume coming in nicely

>>9526909
Gonna sleep comfy tonight

>be Holo
>appear out of nowhere and BTFO 90% of the projects in crypto
>generate immense butthurt and coping from blockchain boomers
>go x1000 and effortlessly become a top 10 project
>make blockchain obsolete in under 2 years

>>9526997

I was laughing so hard at the retards on here calling it a scam when it jumped to a quarter of a billion dollars in a week and wasn't on CMC.

These 23 year old know-it-alls will spend 8 hours playing Fortnite but cant be fucked to spend 2 hours researching.

>>9527041
my favorite was
"This went x10 after ICO. No way I'm buying now. It will crash hard"
>crashes 10% relative to the rest of the market and then starts another bullrun today

Can one of you fine lads explain wtf the HOT token is for? I'm an idiot I guess and the explanations I've read don't make any sense to me. The tech sounds great, I'm just not sure what the value of my money is here.

Holo (a infinitly scalable asset-backed dApp cryptocurrency) has just been released to the market, there are a couple of facts about Holo that I think deserves more respect and recognition:

Arthur Brock & Eric Harris-Braun (the founders of Holo) have been working on cryptocurrency since before the conception of bitcoin, here is an interesting list of "Alternative Currencies & Monetary Systems" of 2011, and as you can see, there were only about 4 projects at that time that were active on building a decentralized cryptocurrency, MetaCurrency Project is the parent organization of Holo, lead by Arthur & Eric, founded in 2007: https://socialcompare.com/en/comparison/alternative-currencies-monetary-systems

Here is a post of Art Brock sharing thoughts on the cryptocurrency space: https://np.reddit.com/r/holochain/comments/7tdyik/help_i_am_starting_to_believe_that_holochain_will/dtcewxx/?context=3

With this information Im only trying to incentivize you to research Holo, The MetaCurrency Project, Ceptr even the P2P Foundation and what Arthur Brock & Eric Harris-Braun stands for, because there is so much to learn. You really have to forget everything you know about the cryptocurrency space and give actual fundamental research a chance when it comes to Holochain. You won't see these guys working together with hedge funds, liquidity providers, marketing teams, exchanges, there was no private sale or presale, everyone who bought holo got it for the same price, the team doesn't keep a vesting on most of the tokens hence valuating themselves in the billions, circulation supply equals total supply so there's no inflation ahead, it's a very sincere and original project.

Short presentation with Arthur Brock, 2 may 2009: https://vimeo.com/4448209

Eric Harris-Braun interview with Katie Teague, 2011: https://vimeo.com/28272419

Art Brock & Mark Finnern, 2011: https://www.youtube.com/watch?v=YCYhIi7vMgk

Comparison list: https://github.com/holochain/holochain-proto/wiki/Comparisons

>>9527199
Before someone wastes 2 posts explaining how holofuel works so you can say you still don't get it, why don't you tell us what exactly you don't understand?

>>9527199
Definitely not an idiot if you're asking questions. Have you read this article, anon?

https://medium.com/h-o-l-o/holos-erc20-token-hot-and-mutual-credit-cryptocurrency-holo-fuel-6d8b6d3938d6

>>9527226
ur an idiot if you cant use a little bit of google though

>>9527206
Sure that's nice and all, but what generates value for the token? There's no need for a token here. I can do atomic swaps since token velocity is at 100% and just pay the fuel with whatever The fuck currency, so the price just churns at +-0

>>9527232
I dunno. Maybe anon just stayed up to watch the FA Cup instead of sleeping, like I did. It can make things difficult.

Good choice of info, btw.

>>9527326
The tokens are only a temporary placeholder for initial fuel credit once that ecosystem goes live. Beyond this, fuel credit will be earned by participants hosting resources (eg. a Holoport). While it could relatively stabilize over time, the market value of that fuel credit will vary.

Maybe I misunderstood your statement.

>>9527494

If the value is meant to be relatively stable why should I care as an investor? It's a neat project with a lot of potential, but doesn't that limit the potential profit here?

>>9527526
>what's the difference between VALUE stable and PRICE stable

Honestly, kill yourself. This question has been asked and answered at least 50 times already. It was even answered in that medium link that other anon posted. How much of a useless piece of shit do you have to be to still ask this when that other anon specifically gave (You) a link where it explained just that.

>>9527526
it's supposed to be stable, not static, the mechanics is geared to making the token more valuable over time but stable enough to be used as currency.

As providers compete amongst themselves to offer more computing power for less holo, the purchasing power of your holo stack increases.

The variable supply mechanics are just there to provide a buffer against the kind of extreme short term volatility that kills any hope of mass adoption for 99% of blockchain projects.

You probably won't be able to day trade but hodling will still be profitable if you can keep your dick in your pants for six months.

>>9527526
buy now or stay poor

>>9527526
The stable price could very well be above the price HOT is trading atm. Also, Holofuel is backed by computing power. It can reasonably be expected that computing power will increase over time due to adaption and technological advances which will put upward pressure on the price.

>>9527526
$10 will always buy you the same amount of computational power. Whether that cpu time is 100 HOT or 10 HOT is what the market will decide. This is what they mean by stable.

>>9527631
>>9527655
>>9527666

Thanks fellas.

>>9527599

This is why I come here. Love you too bud.

>>9527526
Because we may speculate today that the market value of a token right now is still significantly less than the value of the converted fuel credit on that open market.

By "relatively stable", I mean the fuel credit market value will be determined from genuine supply and demand forces as each grows with adoption over time, compared to the frustrating speculative price action of your average ERC-20 token.

l fucking maoing at myself for buying cardano for safe bet but cardano fucking dipped and holo went up l fucking mao

>>9527721
Also what they said. Thanks for covering my afk ass, anons..

>>9527041
Damn straight! Humans don't acquire the ability to make rational trading decisions until they're at least 24.

>>9526909
Whats with the shill brigade? I hold holo but /biz/ doesn't deserve it after all the foot memes

>>9528892
Biz will buy high as they always do. I don’t consider any crypto investment a success unless there’s at least 2 ‘but biz told me not to buy, look at it now’ threads

>looks at 10m stash
let's fucking go, homos

>>9529315
tfw. Your holo wallet shows up in the top 1000.

What are the chances of this going to .15/.50/$1?

I can't afford to keep waiting to live. Also I lost all my gains from the initial holo bull run playing shrimps.

>>9529750
>cant wait for invested money to grow
>played ethershrimps in an attempt to make money
Either learn to daytrade and increase your stack or just get some patience and watch your money grow

>>9529750
.15$ - multiple sources put this at between 10 and 20 cents, so it's likely it will reach it
.50$ - not anytime soon
1$ - only if this proves a great succes and the entire crypto market grows 5-10x

Is 2.3 Million enough to make it?

>>9529996
Crypto market is predicted to reach a 10trillion cap

>>9529750
If HOLO actually works, it probably goes to AT LEAST $1. You figure other cryptos may end up being obsolete because of it. It probably goes to $2.20 or so if it actually works.

If it doesn't work this coin is at the very least the next hypecoin like TRON or EOS. Both of which do nothing tech wise, but experienced HUGE pumps.

>>9529996
i want you to explain how this thing can hit a penny at ATH let alone 15 cents when there are 177,619,433,541 HOT

please help me fomo buy more

They don't understand that the future isn't coming, it's here.

>>9530183
By sucking the market cap out of the most crypto projects. Holo is developer's wet dream.

On the first layer, Holo competes, and by all accounts, manages to BTFO most projects in crypto. This should easily put at 17 billion market cap from the start with shitloads of room to grow.

On the second layer, Holo can technically compete with AWS and Azure. This is a market worth hundreads of billions. I don't want to make the 1% market share fallacy, but I honestly believe that the future of hosting is decentralized.

I will be called deluded, but I think Holo is probably one of the few projects that could reach 1 trillion marketcap in 5-10 years if they play their cards right and actually deliver.

uhhh no. sky all the way

>>9530431
here, take this

>>9526909

>>9526909
holonaut "NASTY BUTLER" loaded up on LSD and patchouli here and ready to blast off clear past the moon all the way into 11-dimensional hyperspace

>>9530447
>working 10 years on a scam to only raise 20m for a team of 30 while only keeping 25% of the supply. (meanwhile hedera is about to raise 200m keeping 95% of the supply)

>>9530075
2.5 million here. I fucking hope so.

>>9530773
>raising 200M to build a project that is obsolete before it hits alpha

https://medium.com/holochain/hashgraph-vs-holochain-eb38d7dc1f8a

>>9530885
>>9530773
Hashgraph is raising waay more than 200 million, it's close to 2 billion actually.

Hashgraph is corporate vaporware still, they could use a sql db and it be almost the same.

>Bags are heavy sir pls buy

>>9530773
Holo is only a couple years old, the ceptr project is the thing thats older than btc. Also they had a nongreedy ico

Why do you hollowfags give up on your shilling threads so easily?

Even stinky linkers put in more effort than this.

It's fucking embarrassing and you should probably stop posting on my board and kys.

>>9531344
Checked
>Why do you hollowfags give up on your shilling threads so easily?
Because they are a bunch of fucking normie boomers. Look back at all the dubs/trips and no acknowledgements.
It's as though they deny the existence of Kek and his gift of gets.

New exchanges soon. Sami in the telegram said that they are currently talking with other exchanges and will list on them soon

>>9528655
I got so annoyed about the way this bitches are holding like that.
They should respect the n64

>>9531336
>>9532167
This the best you pajeets got? Link pajeets are kicking your asses faggots

>>9526943
That looks an awfully lot like the first sell off portion of the bubble meme chart...

no thanks ill buy this shit coin when it drops back under 100m market cap when the volume dies down in a few days. No one uses this sjw ugly fat feminist shitcoin

>>9532952
Yikes! What hit the back of your throat there pal? Was it Arthur Brock’s gigantic bear cock fucking the fomo into you?

>>9532952
Hahaha you are waiting to buy, but you says all these shit..

50 eth buy here 30 eth buy here 10 eth buy here nice volume boys