HOT

Anyone able to tell me more about hot?
Why is it shilled so hard?
What’s their current market cap?

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cryptobriefing.com/holochain-code-review-and-distributed-computing-thoughts/
tokenjar.io/
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Its another shitcoin that promises to do something that will never happen.

Sold hardware to make it happen

Why would you think this brainlet

So why anyone is shilling it?

its already happening

Infinitely scalable tech, 1 billion TPS, moves beyond blockchain and creates an entire decentralized economy. The current token will be transferred into Holofuel in the next 3 to 6 months or so. What else?

>been worked on since before Bitcoin
>alpha is out right now with working prototypes of decentralised twitter and slack
>white paper actually has math in it

Why should you buy?

Each holotoken is estimated to be worth 1 Euro of computing power. The current price is somewhere around a 100th of that per token with as previously mentioned a 3-6 month hype window. You don’t have to believe in the project but you can believe in the hype and memes. This coin is the one.

>was in development since before bitcoin
>it ain't gonna do anything

What's going to make holofuel valuable? It can't be listed on exchanges so where's the gain? Sure the tech appears revolutionary, but this is about money

It's one of those coins that has so many buzzwords it creates that hype of being "the next ethereum" but in reality PnD groups just use it to shill it so they can dump on retards who actually bought it.

Sure you can make money riding the pump but be prepared to get dumped on

wow very brainlet. what are you holding? skycoin? kek

thats what they have themselves said. keep in mind they are experienced and mindful of the sec and classification of coins/tokens that is currently underway. they intend the token to be profitable but cant just come out with it like that hence the computing power analogy.

>Etherium could run on the Holo Network and be 100x cheaper.

I've seen this posted by shills many times now. Do you know how retarded you are?

I am kinda getting xrb vibes with this. New experimental one of kind tech. Only on one exchange everyone is fighting to get to. Lot of same signs.

Honestly this might be a tiny bit too much for chan to handle but basically the only reason they went through an ICO and opened at such a low marketcap is they wanted to build a community and raise awareness about their project before mainnet.

They know they need the community and people running nodes, or at least getting the train started, for the project to be successful. It's highly probable that if they went to VCs, they would have raised close to a billion at least with the tech they have right now.

No it's like when ETH was coming out and everyone was like

BTC COULD BE A TOKEN ON ETH AND IT WOULD DO EVERYTHING BTC DOES

And guess what, they were right

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Coz we all have 100k of them.

I wish i bought at least 5 mil. I'm still kicking myself

Got 6.6 million in the ICO, wishing I had gone all in.

Thanks. Gonna throw an eth at it today.

>Supply of 177 billion. This allows for a stable price as well as microtransactions that use meaningful values like 1 or 12 not 0.0000512354

Stable price in a speculation market.

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You need 1.7m or 17m or 177m to really feel the gains

Speculation is because they are dealing with 99% shitcoins in the crypto space. Of course prices aren't stable when PnD groups are everywhere and for the most part normies still arent in crypto. Things change.

It will never change. We have been waiting for years for Bitcoin to reach the so called "equilibrium" but it doesn't seem like it will be reached anytime soon. Holochain isn't a magic pill it's the same old shit wrapped in a new marketing toilet paper.

Spotted the guy who has absolutely no idea what hes talking about

Bitcoin isn't really backed by anything but speculation and computing power wasted on solving a worthless algorithm. Holo fuel will be backed by computing power used to host websites and dApps.

Lol, it already dumped over 50% the other day bud.. 155 gwei or so down to ~70. Idk what else you want

Bitcoin's actual value is backed by hash power which you may call computation. You're a literal brainlet who hasn't done his basic research on these technologies. I can give any value to 1 Bitcoin or Holo fuel because I can speculate that it's computation is going to increase in future.

Bitcoin is an inefficient piece of shit that mostly just wastes energy. Not to mention its most vocal userbase is a weird mix of retard normies and fedora incels.

No need to sidetrack from original discussion. There are solutions to pow design like pos, dpos or sharding which Holo has copied. Bitcoin has much smarter community than Holo who don't understand simple economics.

>don't understand simple economis
>it's literally been their job for decades
oh pajeet

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So holofuel will be used to buy computing power. How much computing power can i buy with 1 holofuel right now, does anybody know.

the equivalent to 1$ on the ethereum network

when do I sell HOT?

Here's the deal, my friend. HOT is the future. You don't need to sell.

as soon as IDEX starts working

I honestly don't have the math in front of me. But as I heard it described, Holo will allow you to host your dApps to normies via website on-ramps provided by other Holo Agent. The holo Agents are then paid their fee for hosting this. The equal cost to host similar services on Data Center Cloud Servers might be 100-1000x more expensive. That's the issue Holo is aiming to solve.

And remember, 99% of the hosting fees generated are paid back to the Agents/Hosts. That's you and me.

sell now, the faster we get rid of weak hands the faster we go up

Btw $1 of eth computation is jack shit. $1 on AWS can possibly buy you 1 billion dollars of eth computation.

1$ is the meme answer. They benchmarked and it actually was between 100$ and 1000$, possibly up to 10.000$.

>$1 on AWS can possibly buy you 1 billion dollars of eth computation.

this is false. it's much lower than that.
While we're on the topic, that's Holo's long term objective too. They said that if the networks grows we could reach price/performance ratio similar or better than AWS. The fact that it's also decentralized will make many people erect.

Yea but we are talking about owning the network ourselves instead of letting amazon reap the rewards of the hosting fees.

Uhh... how do you buy holo?

You can buy it way overpriced on HotBit or you can try you chances with the laggy ass IDEX where its a bit cheaper.

source?

Well there's no staking so the token itself doesn't give you anything, you have to host a node.

>host a node.
how many for a node?

The Node is to host on the Holo Network itself. You are paid in Holo Fuel not the current Holo Token. You will trade your ERC-20 token for the Fuel that lives on the Holo Network. There may even be an exchange built on the network to swap the ERC-20 tokens for the Holo Fuel.

cba to search now. It's either on one of those Reddit AMAs or in their 3 hours long autistic videos. These cunts haven't exactly made it easy for people to do research on this. Even had to make an account on that Mattermost shit.

They should probably put an FAQ page on their site that answers every biz FUD question or misconception.

cryptobriefing.com/holochain-code-review-and-distributed-computing-thoughts/

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I'm happy that they made those long videos. There's very little waffle or marketing speak, which I enjoy. It's nice to have a team go in-depth on what they want to achieve and the technical aspects of achieving that vision. But I'll take your word for it (entry at 0.0xyz63 so I don't care too much).

HAVING TROUBLE WITH IDEX?

Try it again in incognito mode. It seems to work a lot faster for some reason. I was having an issue two days ago where it looked like my HOT had disappeared. Tried it in incognito and it popped right up.

Refreshing always fixes the balances for me

Never used IDEX before lads, do I just sent the ETH from binance to my IDEX wallet? How does it work?

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p-pls respond

Use metamask boomer.

CLICK. GETTING. STARTED. jesus christ Jow Forums

w-why u gotta do me like that

I'll tell you why not to invest in this coin, it promises to do a service that is already being done, but in another way. Just because it's utilizing blockhain doesn't mean every service better on blockhain. You're all investing just because of it using blockhain, without looking into if it's really feasible, which it isn't. Dumped in less than a week hopefully.

First of all it's not a blockchain.
Second the services it provides are multiple and it does everything better. It's a complete, efficient, cheap solution, that anyone can use.

If you think it's going to get dumped you're delusional, even if the hype dies, the simple fact that it's exactly the type of coin that pumps hard and fast to CMC's top 10 will make people hold their bag way longer than the classic shitcoin.

This is the best investment you can do right now, please stop broswing Jow Forums and research anons.

>"blockchain"

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Hello, shills? What do I do with my UUU? Will you still pump it or have I been left behind once more?

Because you gotta get out of asking for spoonfeeding and use your own initiative, user. That's how you find projects like these early.

But what are the actual use cases? Like most crypto it sounds great but doesn't have a clear use

dApps, Data Storage, Value storage, transfer of funds.
Overall anything you can do on the internet but every agent holds his own data, nothing is centralized.

I don't understand why people would want everything to be decentralised. Are they even going to get the adoption rate they would need to make this viable? They've set their goals really high.

i want my spoon back though

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It's a decentralized internet where no corporation has control. Where the people who host the websites make 99% of the income. The websites hosted on the Holo network are connected to the dApps that people write and are secured by the Distributed Hash Table, much like a torrent. If you run a Holo host node in the form of a HoloPort or you own PC, you will get paid in HoloFuel.

It's got more use case than ADA / TRX / ETH / NEO / ICX or any of these other shitcoins could ever hope for. Because it's a protocol and a network and NOT just a token or a currency.

because it's time we fought back against the Five Eyes

idk, looks scammy. i'm tempted to dump 0.5 eth into it buy not convinced yet.

Why did they need ti invest funds to buy hardware to run the nodes??? Does this shitcoin only run on their own hardware??

It looks too complicated for it to work and sounds worse that chainlink. 10 years of development kek

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you will be able to use your PCs to host the chain and earn fuel

The decentralized aspect of it is extremely valuable right now, you've been keeping up with the news, you know data ownership is a serious problem right now : Holo is a direct answer to that.

Come on there's even a show (Silicon Valley) whose whole plot is about a decentralized internet.

This has a huge appeal both to developers, investors, and the general public.

Never been so bullish.

The hardware is just an overpriced PC running linux. It's nice because it's plug and play but anyone who's a tiny bit tech savvy can build his own PC running linux and run a node.

I remember seeing that they're working on windows versions of the node.

im going to install a node and run it.

At least its on another exchange

tokenjar.io/

biz still buying high? nice

>A decentralized internet hosted by the users where 99% of the profit goes to the users (Agents)
neet daydreams

Every home will have one.

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Shit fuel token will never get listed on a proper exchange.

Again with the buying high meme.

This Holo thing is something different. This isn't chasing the pump after an ICO. We aren't playing by the same rules.

By your logic, when I Fomo'ed in at 100, I was being an idiot. Except, I could have gotten in at 50, but I did my research. It took hours and and I didn't get in till the next day. But when I did I was so confident this was going to shake the foundations of the crypto space itself, that I wen't all in. This is about fundamentals for me. This network will be revolutionary, and it will pay us, the users, to run it. And it's been in development for 10 years.

Knowing what I know about how NANO, TRX, and EOS went, mixed with what I know the Septr protocol is capable of, I am able to determine that the value of the Holo Token should easily hit 2 billion without breaking a sweat. They have a network that should be going online in a few months. Not years. What comes after that will be up to the Devs and the community as a whole. There's a lot that needs to be hashed out and a few more questions that remain to be answered.

And if I can put these pieces of the puzzle together to figure this out, I know a lot of other smart tech money has figured this out as well. Hence the price action.

I didn't think you'd have to explain all of this again after the alt bull run from last year.

anons still looking at MC and ICO prices while all that matters is the hype and how much the project can differentiate itself from the rest.

Holo is pretty much the most unique project in crypto right now, and somehow it also has the code, team, and fundamentals to back it up.

This systems has the most amount of possible uses cases of ANY crypto right now.
This could easily replace IOTA,EOS,NANO,SONM,GNT, SIA etc in one fell swoop. All of these can be built on it ... and it doesnt have any scaling issues which they are all scrambling to resolve.

Because they wanted an easy solution for normies to be able to participate in the network.
Not everyone can install Linux and build source code from scratch

my guess is top crypto reviewers are buying it up before they start shilling. /biz was shilling Nano a good 2 or 3 months before normies and crypto reviewers caught on. This hivemind here is amazing if you can cut through the shit.

yea man I normally ignore most shill threads because I have very little respect for the crypto space and do believe 90% is ponzi schemes.

But, seeing how they went about their product launch through the indiegogo and how they are doing ico right after, just seems like the work of genius to me. This is going to slap everyone in the crypto sphere right up side the head. And I have a front row seat.

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When they said Ethereum could be run inside a single Holochain node, that's when it got me. Based San Francisco hippies helping us all make it