/biz/ - Business & Finance

We need a GRT hopium addition to this.

>>29529632

in short. A smartcontract is only as good as the data that is provided to execute it.

Chainlink provides data to smartcontracts and makes them useful. For example, Defi. The only reason why Defi is able to exist is Chainlinks oracle network and this is just one application.

>>23229623
Well you're here, so go all in LINK. /g/ called BTC, then /biz/ had ETH and now LINK. It's the missing piece to the puzzle and still has the best risk / reward ratio of any investment opportunity I'm aware of.

As for irl, I dunno what you do or how you live. A simple budget (that you stick to) is something even boomers making $200K fuck up and is the best place to start. Second, come up with a plan for the next year, 5 years, 10 years, 20 years and see where you are going to be financially. Be as realistic as possible. If you're not happy with the path you're on then something is going to have to change.

>>23230010
based, you are lucky. For everyone who isn't as lucky as you, that's what us frens are for.

>>20098914

>>19213601
There is no next link. This is the last one. You either get on the train or you don’t

>>17206088

33% BTC, 33% ETH, 33% LINK.

That is the best portfolio

The End

Why do I have a gut feeling that $1k link is actually fud?

From what I’ve seen crypto always performed far more than what everyone expected

>>16673995
You missed out on Bitcoin
You missed out on Ethereum
Your gonna miss out on Chainlink

>>16704598


You missed out on Bitcoin
You missed out on Ethereum
Your gonna miss out on Chainlink

>>15203448
Go all-in Chainlink with ever spare penny you have.

Goodnight sergey

Goodnight dmitri

Goodnight Rory

Goodnight salesforce

Goodnight HIV/AIDS

Goodnight docusign

Goodnight nick szabo

Goodnight new fag marketer with shiny teeth who looks like he has great tasting cum

Goodnight smart contracts

Goodnight oracles (not centralizedj

Goodnight swift

Goodnight CEO of swift

Goodnight McDonalds

Goodnight that faggot ari who has a digital picture of himself on his twitter ROFL

Goodnight all those guys in Brisbane who own link

Good night to those two fags in Vermont who own link in my thread last night.

>>14792888

>>14786967

>>14787118
BTC has already gone up 100,000x ... so...

>>14781184

This shitbag better print a higher low right now or im finna be P I S S E D

>>14454913
There is no 4th link is the last chance

https://twitter.com/i/status/1144712638028402688

>>14054811

>>13896952
Here you go op, I won't tell anyone that you actually already have a big heavy bag of link & just want reassurance.

The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

How are we going to mitigate the effects of PTSD that all marines get? We've been fighting this war for over a year now with our brains psychologically altered beyond repair from being on this board. One day soon when the singularity hits we will instantly be rich and the war will be over. The effects of this probably won't be much different than a solider in Fallujah scraping the scalp off the ground of some Muslim suicide bomber before a tour ends and 12 hours later you are sitting on the couch with your kids watching Ellen Degeneres.

PTSD among American marines wasn't as prevalent back in the day as it is today because they got to come home on a ship with their mates and had 30 days or so to decompress.

I'm afraid the singularity will hit and I'll be rich and 2 days later I'll be walking into a Walmart to buy a Obama CHIA pet and all of a sudden I'll start getting anxiety and hit the deck when I hear someone say something in passing that I might misconstrue as LINK FUD even though I’ve already made it

What if I'm driving with my nephews and nieces taking them to the park and I see a Mobil gas station and my brain starts envisioning Möbius FUD and I run the car off the road and kill us by wrapping my car around a tree?

I almost want to stay in this prison at /biz/. The larpers and shit posters almost give me a sense of security that I know I won't have once we have made it, and you are all off making mixed raced babies with nasty Indian women who have left their pajeet husbands.

BTC, 1.5
ETH, 35
LINK, 77,777

Rating system 0-5. Post your poorfolio and rate the post above you 0-5.

>LINK 5$ END OF JUNE
>LINK 100 EOY$