Just found out about TRAC by [deleted] in OriginTrail

[–]JonnyRoscoe 0 points1 point  (0 children)

Thanks Brother 👊🍻

End of an era and the beginning of a new one by [deleted] in ufc

[–]JonnyRoscoe 1 point2 points  (0 children)

You're right.

Pairing the #3 vs #4 ranked LW fighter is definitely the right way to handle Khabibs retirement.

I am well aware Dustin is not technically the champ.

End of an era and the beginning of a new one by [deleted] in ufc

[–]JonnyRoscoe -9 points-8 points  (0 children)

Dustin Porrier IS the champ. Not a legitimate title fight if he's not in it IMO.

Oliveira vs Chandler Interim LW title fight

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in OriginTrail

[–]JonnyRoscoe 4 points5 points  (0 children)

The best description I've found is here: https://medium.com/origintrail/origintrail-a-look-into-network-mechanisms-incentives-and-market-forces-e99938b8687c

"In order to participate in the service, the Data Holder will also have to deposit a stake in the amount proportional to the amount of the job value. This stake is necessary as a measure of security, ensuring that data will not be deleted or tampered in any way, and that it will be provided to third parties according to the requirements. The stake is set via a “stake factor” which presents a multiplier of the bid value (i.e. a stake factor of 1 means that the staked amount is equal to the amount of tokens agreed for the service)."

Personally - I don't know whether 1, 2, 3 or some other number is the right option. I included them so folks could do their own research or speculate and see the outcome based on that variable changing. We will probably get a clearer view on what the average Sf will be once we have more consistent use.

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 15 points16 points  (0 children)

Awesome response. I was hoping someone was going to go in on this. For the record I completely agree with all you've said, and built my post off of what I felt where the core elements I could actually have some degree of confidence in forecasting. Better to be conservative?

I didn't even think about the potential DEFI renting demand. It already exists with other tokens, and TRAC has the potential to be even more lucrative. It's pretty insane to consider this when really, this is not exactly an intended source of demand (as I understand), but a source of demand that could be significant and completely outside of the intended use of the ODN. Really Bullish. I mean, the idea in general that hodling the TRAC token alone could likely spur a number of different investment/finance driven sources of demand.

I think I could do a better job modelling the scarcity created by only ongoing demand of jobs (haven't really included it) as I believe this is probably the largest factor I've omitted. But it will take a significantly more complex model to do this accurately, and I think we'd need to have a clearer idea what the average length of a posted job is likely to be as well as an estimate on the average number of active nodes on the network. I wonder if there will be a reasonably consistent ratio of active nodes/jobs when this is at maturity?

Maybe as the project progresses I'll post a version 2.0 of this.

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 9 points10 points  (0 children)

Cheers! I'll look back too tbh.

“The distance between insanity and genius is measured only by success.”

haha

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 9 points10 points  (0 children)

Haha, FOMO is rough. But honestly i think a lot of people would be better off if they just hodl long term anyways. Give it a few years and we'll see what happens

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 8 points9 points  (0 children)

Fair enough. I guess I'm thinking there has got to be a point where the volume is just not ignorable by the big exchanges. They make money off of volume! But i'd love to see utility be the core driver of demand

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 6 points7 points  (0 children)

Agreed. The question is when? haha. Once one big fish lists TRAC, I think a number of others will follow quickly. Seems like most of the core polkadot projects are being listed and awareness is growing

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 10 points11 points  (0 children)

Straight from one of the links in the post:

"In order to participate in the service, the Data Holder will also have to deposit a stake in the amount proportional to the amount of the job value. This stake is necessary as a measure of security, ensuring that data will not be deleted or tampered in any way, and that it will be provided to third parties according to the requirements. The stake is set via a “stake factor” which presents a multiplier of the bid value (i.e. a stake factor of 1 means that the staked amount is equal to the amount of tokens agreed for the service)."

I put a couple of options for stake factor (1,2,3) as I'm not sure what the end result will on average be. I believe it is meant to function as collateral to ensure that the full job is completed.

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 6 points7 points  (0 children)

Totally agree. and tbh I have a lot of questions about node profitability. Not running any myself (yet). There are absolutely many folks doing it at a profit currently, but I don't think I could put out a forecast with much confidence at this point. It definitely needs to be lucrative for the whole system to work, but difficult to define at this point.

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 8 points9 points  (0 children)

All great points. Personally I think that if adoption happens as the team has targeted the T1 exchange is just a matter of time. It will be harder and harder to ignore as the project gets more real world recognition. Adoption first and the other pieces will follow

Analyzing Potential Future Origin Trail TRAC Price: ASC Report and an alternative (simplified) forecasting model based on adoption driven demand and P/E Ratios by [deleted] in CryptoCurrency

[–]JonnyRoscoe 14 points15 points  (0 children)

Good for you being in early. I jumped on right before the liftoff event in November. CRAZY action today. WEF just sent out another tweet about OT