iExec is very undervalued right now
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https://youtu.be/6aSBj7BcCDY
iExec has confirmed that in their next release which will be their big important release, they will introduce both staking and the decentralized cloud computation resources market place. The market place for computation resources is in my opinion a true breakthrough in the cryptospace and nothing like it will exist if iExec meets their roadmap for May 2018. So if we look at these facts we can see that the RLC token unlike many other tokens in the crypto space will have true functional utility. It will allow the holder to barter computation resources, and allow in a way these tokens are more like vouchers.

So the token will have at least the value of the utility provided by those computation resources. Considering this will be general computation which means anything can be computed then it will be like having a lot of virtual instances in a decentralized cloud. This opens a of opportunities as well, so I expect great things.

Looking at the log chart for RLC I can see that the ICO price in BTC terms was much much higher than it is right now. The BTC price right now is lower because people sold their BTC for iExec and then sold out of iExec. The price right now is 0.00004839 BTC but the ICO price was much higher than this in BTC terms. Immediately after the ICO the price was as high as 0.00028549 and even went as high as 0.00050274BTC. To see what these prices look like now in USD we would have between $4.85 to $8.54 per RLC token. This is in my opinion the actual price range for the RLC token today, and in the future this range should be higher. So we should note, RLC is currently dramatically under valued, under the ICO price by far in BTC terms, and this is because short term speculators have discovered the opportunity cost of holding RLC is just too high right now.

Staking changes this picture. If RLC is going to be Proof of Stake or offer any kind of interest for stakers then this suddenly gives people a reason to want to hold it beyond hoping the price goes up so they can sell it. This could be the event which wakes up the price of RLC to it's true value in my opinion. My prediction for RLC is between $5 and $9, until staking activated in which it could easily go much higher as staking will lock up the supply.

References
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1. https://www.linkedin.com/feed/update/urn:li:activity:6344938255556841473/
2. https://www.reuters.com/article/us-usa-trump-technology/trump-administration-calls-for-government-it-to-adopt-cloud-services-idUSKBN1E72RF?feedType=RSS&feedName=technologyNews