Quote from: Burninj on March 20, 2019, 11:32:19 AM

Quote from: SPQRCoin on March 20, 2019, 10:30:56 AM

Quote from: peterlustig on March 20, 2019, 05:39:11 AM

Quote from: denam on March 17, 2019, 09:39:37 AM

Technology is that what world speaks about that and iexec has acquired that status. We are seeing more and more big companies coming inside their services network to get benefited of the solutions providers by iexec. It was directly impact of the progress that RLC as token gained huge in its value in matter of days. RLC token is still very cheap even after this much rise.

I am eagerly waiting for RLC to cross their old ATH price. But I guess to do that we might need some help from bitcoin

Today, the price is even lower, and the price of bitcoin is higher. Who is to blame? Grin

Again the bitcoin and bear market! Cheesy

I think that this price is determined by the level of confidence in the project.

Price of utility token without a burning process is doomed because of the velocity of price in the markets.
You could run the entire market of RLC with just one coin.
Their economic model is flawed at the base.
The only way to save this sinking ship is to fork, multiply the supply by at least x10 and put a burning process with a fee for every calculation made in the iexec ecosystem.
like a constant buy back action program...

So far, nothing works for them, so there is no economic model. Frankly speaking, I thought that now that v3 is almost launched, there will be a much higher price for the token. Apparently not, no interest. Now people do not understand what and how much it will cost if the application market starts to work. I don't think burning tokens is the solution. Only super power and super offers for workers will be able to raise this project. If not, no one needs this solution for free.