REASON: PRICE DISCOVERY. HOLO is the next Uber of the world.
The sharing economy has changed how economies operate. For centuries, large companies have traditionally owned and monopolized services to the detriment of their customers. This old way of doing business is succumbing to a new generation of start-ups. Individuals the world over are now empowered to work and earn for themselves. This change in mindset has created the likes of Uber (market cap $48 billion) and Airbnb ($31 billion). HOLOCHAIN is an experiment of the sharing economy. The new internet will be powered by individuals and not corporations. For the first time ever, ownership of data will not belong in the hands of corporations.
Worldwide, there are over 868 million residential fixed broadband subscriptions*. High-speed internet and powerful consumer PCs are now commonplace. With power in numbers and a society ready to adopt new ideas, the concept of a people powered network (sharing economy) is no longer just a pipe dream. At the core of the HoloChain network design is the leveraging of thousands of consumer personal computers to achieve powerful computing processing and hosting at rates no multinational brand/business data center could compete with. This is sharing economy 2.0.
Amazon AWS vs HoloChain speculation: If the Holochain concept works, much like Uber, Airbnb, Lyft, UBER Eats, it is expected to achieve rapid growth. HoloChain’s closest rival would be market leader: Amazon’s AWS.
Amazon AWS revenue: AWS total 2017 revenue: $17.46B* AWS total 2018 revenue: $25.026B* est AWS revenue is growing at 40-50% PER YEAR*
By 2022, if HOLO took 2% of Amazon's AWS market share, its market capitalization would be: $3.5B = 0.052744c
By 2022, if HOLO took 5% of Amazon's AWS market share, its market capitalization would be: $17.5B = 0.13186c
>buying a pre-pre alpha shitcoin that relies on centralized hardware ie skycoin no thanks
Brody Gray
Wrong. Holo team have stated any PC will work with Holo network. The only privilege holoport owners get is testing mainnet before wide release. Should do your research first before spreading fud. Another reason why fudders like you made a bunch of people miss out on HOT when it was under 10 sats.
Eli Bell
Sounds like a scam to me. Empty promises lead to empty pockets.
Landon Walker
paying to test mainnet
Christian Bennett
ahhh Microsoft MSDN subscription = $2500/yr annual fee. Insiders get builds before general public
Another scam!
Angel Morales
yep that's a scam, never pay to test. >comparing a developer network to a shitcoin that is scamming people with centralized hardware yikes, and for that reason, I'm out.
Thomas Flores
>WHY IS HOLOCHAIN (HOT) SURGING? Here the biggest flaw: HOT is not Holochain, it is just a token for using Holo, a hosting service that doesn't exist and has never be proving to be worth it, owned by the Holo Corporation acting as a Federal Reserve.
Jordan Young
Also this. Holo is fundamentally flawed.
Grayson Gonzalez
The article is fud, HOT or holofuel will get to ten cents way before eating 5% of AWS.
Joshua Torres
funny how all these criticisms are made by smart lads who never bought any HOT. missed on out all those gains. same arm chair analysts who criticized IOTA, Tron, Vechain and dozens of others before the huge pumps. Well done you're poor.
Aaron Bell
1. It's not mainnet, it's alphamainnet. It's only for developers, you know people who want to start building on Holochain, most of which invested in early stages of Holo and already +500% profits of those investments. They also allow purchase of their holoboxes with HOT tokens, so most developers who invested a decent amount at ICO or post-ICO CAN BUY 20+ HOLOBOXES FOR FREE and still have their initial investment back. Ahahahahaha, keep fudding. When actual mainnet comes on. Ayone can run Holochain or holo on any Linux, android and eventually windows machine, keep lying about centralized hardware, lmao.
>buying a pre-alpha shitcoin that promises the most bullshit to get retards like you hyped up into believing they can actually deliver you are in for a rude awakening when it dumps out of the top 200
Dominic Gutierrez
If you invested $20 to HOLO at ICO. You made 1000€ so far. You can already buy a Holoport, which costs 100€. The alpha mainnet is only for people who invested in ICO or donated to Indiegogo) So you paid 20 € for around 800€ worth hardware. And according to biz, that's a scam.
"Is Holochain hype justified? Let’s just say this: that when the first big killer app takes root, Holochain is likely to become unstoppable. It could replace not just #blockchain, but centralized apps like Facebook" twitter.com/weissratings/status/1060555080288690177?lang=en
"The way #Holochain deals with consensus is true to the ethos of cryptocurrency (voluntaryism) – rules of consensus aren’t imposed on anyone. Everyone chooses who to trust and perform true peer-to-peer transactions with." - twitter.com/weissratings/status/1059466648560779264?lang=en
You realize all the big hedge funds use these guys to get their research data?
Aaron Smith
Those projects you listed are all cash grab scams though. We all know you can make money on scams if you time it right. Just stop acting like holo is any different. Good gains were had but in the end this is just another scam.
Hunter Davis
see Nowhere does it mention HOT as fuel or Holo corporation. Funny how the Holochain != Holo fact is always eluded. The biggest happs, is they exists, may use fiat or btc or any other economic incentive, not HOT. Imagine an Admob happ for example.
Gabriel Cruz
nigga. the Qestion iz Y is hot DUNMPING.
Henry Taylor
people sell high to drop the price lower to get more on the way up - swing trading
Hudson Green
Skycoin doesn't require centralized hardware. You can install Skywire on anything that runs Golang.
The fact that holo has a private testnet that they can't even show yet is hilarious. Skycoin is finishing up its public testnet with ~10,000 nodes.