All in

I went all in on Holotoken (HOT)... Will this ever reach a cent at the very least?

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1 cent would mean the market cap would be 1.77 trillion

lmao its was fucking paid shilling. Honestly, I warned you guys in a bunch of the shill threads that a sudden influx of hype right after an ICO with basically no discussion during the ICO means someone wants to dump bags.

the closest realistic goal is to overtake IOTA EOY (x30)

right, except when it moons x10 lmao. what you are talking about is shitcoins that trade x1 after ico

Why does market cap matter though? And what's its significance to price

I like your optimism. Personally, I think it should be sitting near eos/tron in terms of ranking.

do you even math? 1 cent would be 1.77 billion. Supply is 177 billion.

>brainlet
Though, I jumped back at .00000185eth
Expect nothing to happen in a long time though, user.

no it means some greedy fuckers didn't want biz to know about it until after the ICO so it would start with a lower market cap and then explode only afterward

Let's not forget Jim Cook's endorsement >CO FOUNDER OF NETFLIX AND CTO OF MOZILLA.
Are people really not fascinated in what this technology can do for this world? I really do think this will change the way we use the internet forever.

any correlation to the topic at hand? or just randomly?

Don't be a dick, I made an error.

Eh, the amount and consistency and on exchange market manipulation during the same period makes me think a whale coordinated something. Most post ICO hype is not as overwhelming but I obviously have no proof that they were paid by someone else to trick idiots or were tricking idiots for their own gains.

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Do you really believe manipulation is at hand for its rise? I think there was a lot of hype because of the excitement surrounding the technology. Let's be real, this is the token that broke IDEX last week. I think there's many more factors to consider other than blaming 'whales'

the funny thing is that you don't even need to pay someone to shill, because holding bags is the ultimate incentive to shill whatever you are holding, and dumping bags is an incentive to fud.

anyway, you might be right that there was some kind of coordination, but honestly part of the hype comes from the fact that this "post-blockchain" stuff is just way sexier than variations of the same blockchain idea. i don't know if it will actually be revolutionary, but it has that potential, so people are going to get hyped.

I ddid it in holo

you made poopypants, and you ddid it in holo? i think i follow, yeah.

Yeah didn’t catch your correction before I posted, soz desu

Is anyone able to explain why MARKET CAP matters?
It is merely price x supply, why should this affect the cost of the token? There is this massive fascination in the crypto-sphere where people refer to the market cap and try to link it to a projects success.

>If Holochain can achieve the level of adoption they set out to, then it will make block chain obsolete.
You haven't read shit. Or if you did you don't understand why blockchain matters and what holo is claiming to do. You are probably are larping but if you did successfully dump bags as you claim then well done.

oh it's just because the entire market is retarded and people don't actually pay attention to what an actually asset "should" be worth, but just compare market caps and think "hmm that one looks undervalued compared to X, and X has this mcap, therefore Y could go 10x to reach that market cap"

Not larping my friend. I went all in because I believe in the tech long term. And i am expecting it to reach at least 20 cents by January (pending if it is listed on an exchange such as Kucoins level).

well holo is just the hosting part, but holochain is kind of making the claim that most things you can do on blockchain, you can do better and more efficiently on holochain.

Fair point, thanking you user

wrong move. should have all in skycoin instead.

Since you are actually asking, in crypto the price of individual tokens is completely arbitrary based on where you choose to place the decimal point. Market cap is an indicator of overall demand while individual token price is close to meaningless. The only reason individual token price matters is because brainlets don't understand that the number of tokens created is arbitary. If this isn't clear, 1 US dollar is 100 Japanese Yen but that in no way means that Japanese people are being paid 100 times less. It's just a question of units.

Exactly, HOLO is merely the first HOLOCHAIN built ontop of the Holochain architecture. People will be able to use HOLO to build even further applications.

Good example to compare things
= Bitcoin is the first Block chain.
= Ethereum is a platform built on Blockchain
= Holo is the first platform built on HOLOCHAIN

You could build Ethereum or Bitcoin ontop of Holochain if you really want to.

Even if you believe in the tech, why do you have faith that the boomers can successfully peg the token price? Their whole economic model depends on that.

they're not trying to peg it, actually, not trying to make a stablecoin in the same way DAI is a stablecoin. just trying to reduce volatility by including mechanisms in the system that allow supply to leave the system if there isn't enough demand, and allow supply to enter the system if there is excess demand. and no the whole economic model doesn't depend on that, it just makes the currency more useful for actual day-to-day transactions because it will (supposedly) be less volatile

Because I truly believe that the value proposition of Holofuel will come with worldwide adoption, hence increasing its value. Let's not forget, that this is also an ASSET-BACKED currency. And just because it is a "stable coin" does not mean it will not increase in value.

m-mommy?... where is mine milky milky?..

>just trying to reduce volatility by including mechanisms in the system that allow supply to leave the system
They are literally going to try to buy up supply they consider to be excess to pump the price if they think it is too low and flood the market if the price gets too high. This is dependent on some code they wrote to decide the price of a unit of fuel. Don't be coy about the "mechanisms." The boomers are the federal reserve of HOT/fuel.

pic related

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you can't buy something unless someone is willing to sell it. and you can't sell something unless someone is willing to buy it. it's all in response to market demands, so, no they aren't the ones "deciding" how the supply will fluctuate.

and i'm not sure what you mean about the code deciding the price of the fuel. i'm pretty sure that will also be determined by the market.

although, yes, in the beginning they will be the main reserve, ANYONE can be a reserve account if they want to. even small hosts have small credit limits proportional to their demonstrated hosting capacity

Yes. It may take two or three months though, so you'll need to be patient.

May the moonlight shine upon you, user.

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Is it right that holochain different with Holo ?

Holo = what
Holochain = how

medium.com/h-o-l-o/holo-the-evolution-of-cloud-computing-57a0a281b88b

Metacurrency = why

FWIW the stable price action probably means people are loading up their bags before normie shilling or addition to a non-dex exchange, I think there are some you tubers making review videos about it soon

I bought my HOT in the ICO, but I didn't sell and not planning (until it hits top 10). That's why I'm telling biz to get it, this shit will keep going up

> but honestly part of the hype comes from the fact that this "post-blockchain" stuff is just way sexier than variations of the same blockchain idea
exactly. 2018 will be the year of not-blockchains

I don't get why they call themselves holochain if there's no chain, seems like a stupid oversight, therefore the question follows are they stupid? Should I bail? Hmmmmm

this coin is so hot damn resilient-
It steadies into a correction while btc tanks into oblivion

If this was a shitcoin it would have been dumped long ago.

Can't wait for some good news or new exchange listing

There are chains.
There is a chain for every application used between peers.
Check out some interviews with Matthew Schute, really informative with the topic.

oh brainlet
they took out the word "block" because there are no blocks. and they kept the word "chain" because there are still hashchains.

not quite. there is a hashchain for every user, and a DHT for every application.

>MAF IS HAR
kek

ICO buyer here, still holding on to 80% of my load

If you're not loading up now, good luck, because this is just about the bottom if BTC goes back up

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I dont have any HOT, but this 100%. The marketcap meme has gotta stop. Good unique ideas and being able to execute them are the most important fucking thing at the end of the day.

Guys is Holo fuel will ever be used on holochain or only for hosting?

the marketcap meme will end when the bubble is officially over. i don't think that's happened yet, so for now it's a game of greater fools theory, i think.

better get some HOT, user, and be the lesser fool

holo fuel will be used for hosting holochain applications on the "normal" internet, so you can type in a URL and access a holochain app

it can also be used as a regular currency, just like anything else. and every holo app will automatically include holo fuel integration, so any app that has any kind of commerce function could use holo fuel as the way to pay for things (e.g., uber type app, etc.)

i went in during the shilling here but that was pretty early. very big dip this week but i'm still up around x2.

why do you hate biz giving free money?

I know right? it went to 185 vitks and that's it.

Praying that this reaches 1 Cent

So easy to swing this at the moment... 10% everyday.

The fact that it didn't tank while everything else did was confirmation that holders of this do not consider it a quick profit P&D shitcoin. I didn't even check it's price (I saw it posted here) because I plan to hold for at least a year. If it goes to zero I can live with that, but I think 1 cent or more is much more likely.

If it has a market cap over 10 million come January 1st 2019, I'll be genuinely surprised.

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Well, let's let our actions speak for themselves. I'll stay away from this token, you go all in.

You think it will not only not appreciate in value at all but will instead lose almost all of its current value by January? You're genuinely a mong

holo whale here. got paid today. about to buy more right now. holding 100,000,000. that is slightly over 0.05% of the total supply for you brainlets. long term hold. i expect at least another 10 - 100x by EOY.

already bought at ICO, friendo.
There's no need to go all in since after the 10X it's already like 60% of my portfolio.

These tokens come and go desu. Most often they do end up forgotten and find themselves at the very bottom of CMC after a few months.

For a shitty pajeets coin, it somehow managed to not get dumped that much when compared to even legit coins.

Even the whales want to hold on for some reason

Holochain is not really like anything I’ve seen before, this hipppy boomers have generated a new paradigm