Topic: Elastic(XEL): The Decentralized Supercomputer. The Golem Slayer. MOON. - page 6. (Read 8307 times)

Go go coinmarketcap.com... look in the top 200.... research them all.  Boom!

Just bought some XEL. Great find as always.

Im a big fan of your threads and have made some money from them. May i however ask how you find these "hidden-gem" coins? I was thinking of going to cryptopia and reading about each of those coins one by one until i find something good but it seems to time consuming.

Looks a good project and it has not mooned yet. Golem has gone nowhere for last three months so
 may sell half of it to put in Elastic instead.

You're right. Xel project have great potentialities.

Wow nice entry... doesn't get much better than that

It's started increasing. I'm loaded few hundreds XEL few days ago when the price is around 9k.

Plan to load more, but the price has increased.

There is no right/wrong... just TA.

The TA for this one looks good, and it has good fundamentals to propel it.

hope you are right.
im a Big fan of Elastic

Hi, you guys might rememeber me from my threads on:

Decred:  
https://bitcointalksearch.org/topic/decred-the-sleeping-giant-2017s-best-investment-1741989

Sia:  
https://bitcointalksearch.org/topic/siacoin-epic-monster-moon-1836426

Lisk:  
https://bitcointalksearch.org/topic/lisk-a-bull-market-you-dont-want-to-miss-1832027

Radium:  
https://bitcointalksearch.org/topic/rads-radium-the-sleeping-giant-fresh-news-hot-off-the-press-2084797

Florincoin:
https://bitcointalksearch.org/topic/florincoin-the-monster-you-havent-heard-of-time-to-buy-2113839

Syscoin:
https://bitcointalksearch.org/topic/syscoin-masternodes-coming-early-november-good-buy-now-2128959

Ardor:
https://bitcointalksearch.org/topic/ardor-liskeths-biggest-competition-1billion-potential-cap10x-returns-2156522

Game:
https://bitcointalksearch.org/topic/game-revolutionizing-in-game-transactions-e-sports-time-to-buy-2160179

I am here today to talk about Elastic.
https://www.tradingview.com/chart/XELBTC/87j7DdvE-Elastic-The-Decentralized-Supercomputer-The-Golem-Slayer/

So what is Elastic?

Elastic is an open-source project that aims to build the first decentralized supercomputer. Elastic has been developed over the last year or so and provides the infrastructure for a decentralized and distributed super computer, designed to carry out arbitrary tasks over the internet. In this context, Elastic is powered by a crypto currency ( XEL 0.56% ) and provides a market-based mechanism to buy and sell computational resources. Those who need computational resources, model their problem using Elastic’s programming language (Elastic PL) and broadcast it on the network, along with a certain amount of XEL 0.56% coins. The Elastic miners are then motivated to offer their computational resources in exchange for a portion of those XEL 0.56% coins. The size of their reward depends on the amount of work a miner has contributed in relation to the rest of the miners that have also participated in the task. Using XEL 0.56% as the driving force, Elastic offers potential buyers a large parallel computation cluster composed of many CPUs and GPUs supplied by the miners.

Fundamentally, this project is in a good place, as its main competition (golem) has a market cap over 5x as high as it does. Being an open source project with arguably better technology and 1/5 the value of its "competition", Elastic has some serious upside.

The demand for computational resources will only rise with time and Elastic has a brilliant and decentralized solution for addressing this demand.

Technically, we can see some serious accumulation in this range, as elastic continues to bounce from the orderblock indicated by the green box on this chart. We are extremely close to breaking out of this wedge formation, which should propel elastic to the 20-24k satoshi range.