/biz/ - Business & Finance

I have never seen people be so deluded in a mass hysteric frenzy for a single coin and then get pwned so hard.

It really does feel like divine retribution sent out specifically to punish the autistic basement dwelling freaks who populate this board.

God is true, God is great! Chainlink hell forever!

Almost back at 15 cents

Realistically, how high do we see Link going by EOY?

$1 is honestly a bit disappointing considering all the moon missions happening right now. So I hope it can somehow get to $3-4 around that time or at least by Q1 2018.

Does anyone believe ChainLink is going to be the next big thing?

>but the sergey and DELUDED memes

Try reading whitepapers, you morons

Our God is an awesome God indeed.

Everyone bow to SERGEY

This time next year we will be on the moon with lambos

I see a lot of /biz/zers talking about chainlink. WTF is this shit? What technology does it have to make it so incredibly appealing?

Someone give me an ELI5?

sure it's still well above ICO price, but you guys were shilling it as "cheap" when it was $0.40

now that double conferences are over, it's going to be a slow long wait to see if any of these potential partnerships actually pan out.

admit it. you guys were in for short-term profits, and you got absolutely hosed.

does anyone not admit this? step forward.

;WHEN DOES SERGEY OUR SAVIOR SPEAK???

And you were calling it FUD because you thought Sergey was a genius and he's been working on it for 3 years?

Well, turns out, in the announcement, they've only managed to figure out what programming language they're going to use and they've just begun hiring devs to "implement" the network described in their white paper.

The SIBOS proof of concept was just that, a proof of concept, which SWIFT was not too hot on. They have NO implementation currently. Get out LINK now. It will be 2 years before anything gets done.

Can someone send me some coins?
In return i can sing for you
name your song

0xf5968Fc12d0ADd6175ba0a8C0e6db0A32b4B9DA1

Can someone send me some coins?
In return i can sing for you
name your song

0xf5968Fc12d0ADd6175ba0a8C0e6db0A32b4B9DA1

lesson: token economics = everything

so monaco finally accomplished their goal of Visa sponsorship, but their price plummeted, why? because they took away the tokens' 1% dividends. people realized they're effectively worthless, only used to order new cards.

i keep hearing people talking about "moon moon sibos revolutionary tech moon banks moon oracles" but EVEN IF link turns out to change the world, is used everywhere, is adopted by financial institutions, etc. - in this best case scenario, there's still missing an economic argument for why this UTILITY TOKEN will astronomically increase in price, especially when 65% are still not in circulation.

so, linkies, you can jack off and wet your panties all day over the tech. you may even be correct about that. but until you solve the TOKEN ECONOMICS PROBLEM, you may well be a poor street-shitting pajeet no matter whether sergey solves the oracle problem.

What is it about this shitcoin that made it so damn attractive, uniquely, among 4chan? It seems it really only caught on here. For example, people on reddit were instantly skeptical, or dismissive. While here, it earned near universal adoration and acclaim. Why this disparity? We need to identify and isolate these factors so that /biz/ doesn't fall for something like this again

>>4112112
this one

> 1 month old
> above ICO price despite bitcoin fork drama
> other recent ICOs below ICO price
> declared dead by /biz/
fucking autists

WHY DID U GUYS RECOMMEND TO HOLD?

DO YOU HAVE ANY IDEA HOW MUCH THIS HAS WRECKED ME?

You people really need to learn the difference between a "working" product and a "finished" product.

At this point we know that ChainLink has a working product as opposed to the FUD that its just a JSON parser at this point. Do you really think there would be a "Proof of Concept" in SIBOS for a JSON parser. You can only do a proof of concept once there is a working product.

What Confido is asking for is a finished product. If dapps can already use ChainLink as an Oracle seamlessly at this point then there would be NO NEED for additional development since it would already be a FINISHED PRODUCT. Only minor patches.

Then why would Sergey hire more developers just like they announced if its already a FINISHED product and not a WORKING product?

Don't you see the disconnect? You guys know that they are hiring more devs because of the recent announcement and suddenly you're confused that its only a WORKING product and not a FINISHED product?

At this point, all dapps have no choice but to use a centralized Oracle like Oraclize like they've always had. Etheroll has been using Oraclize since launch. There has always been centralized oracles. Thats the problem ChainLink is trying to solve.

Why do good things only happen once youve given up? Why do we only get rich after great suffering?

>bought CL at 50 cents
>sold CL at 20 cents
>expected it to drop to 8 cents
>now 30 cents

Pls tell me its crashing back. I want back in damn it

Daily reminder that nothing changed and Link still has 100x potential with ease. Thats only a $25 billion marketcap. Considering Ethereum is worthless without Link, it is very much inevitable.

I got a second mortgage on my home. I cashed out my daughters college fund. Someone help me. Someone tell me itll be okay. If my wife finds out she will divorce me in half a second.

so THAT was the big post-SIBOS announcement? jesus, he left us empty-handed. bag holders. there won't be news for months probably.

really considering selling my 70k link, but it would be painful to swallow such a loss. but i could definitely see this bleeding down to half its current value or less like 0x or dnt and many others.

How much LINK did he steal & what was the market value at the time he stole it?

I have seen a lot of FUD lately surrounding ChainLink and a lot of people losing faith. While everyone is waiting for news to drop, here is what we know about ChainLink as of now.

PARTNERS:
Here are some names of companies that ChainLink is working with, or at the VERY least has contacts with.

SWIFT: This one should be obvious to everyone by now. They just gave a working demo for SWIFT at SIBOS. They even state on the smartcontract website that they are indeed WORKING WITH SWIFT. The cheeky bastards even have SWIFT subtely underlined, as shown here:
https://imgur.com/a/UcnTf


SONY & AXA: We all know who SONY is. Axa is the largest holder of financial derivatives in the world. It's a trillion dollar market. All three parties have signed a smart contract that deals with varying levels of insurance coverage depending on firewall uptime on May 9th 2016, viewable here:

https://create.smartcontract.com/#/contracts/317764c5bf532e8b33572b6e77ae2133
https://imgur.com/a/uzRH1


FACTOM: Factom and ChainLink have been working together since 2016. You can view Factom's announcement about it here:

https://www.factom.com/blog/smartcontract-factom-announce-collaboration
https://imgur.com/a/Lf6vr


CONFIDO: A new company that is using ChainLink to pull shipping data from off-chain. See following website about this here:

http://confido.io/
https://imgur.com/a/7Visz
Short video explaining how it works: https://www.youtube.com/watch?v=1SX0buv4bCc