/biz/ - Business & Finance

Ethereum Community Manager's thoughts and why he supports/invested in and advising Chainlink

https://hudsonjameson.com/2017-08-06-advising-status-smartcontract/

Koreans and the chinese are waking up and seeing the news

I have seen a lot of FUD lately surrounding LINK and a lot of people losing faith. While everyone is waiting for new breadcrumbs, consider what we already know.

>PARTNERS:
Here are some names of companies LINK is working with.

>SWIFT:
This one should be obvious to everyone. They 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 subtlety underlined, as shown here: https://archive.is/SNRCl

>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: https://archive.is/PFSAg

>FACTOM:
Factom and LINK are working together. You can view Factom's announcement about it here: https://archive.is/ja7X2

>CONFIDO:
A new company that is using LINK to pull shipping data from off-chain. See: https://archive.is/FnKgX

>$8.69

isn't it a little bit strange that chainlink is basically a startup project with 10 billion dollars ? Like their incentive is not to build successful business and make money but more philosophical one.

Am I going to lose all MYYYY LINKIEEEEEEES if I put them in there?

what the fuck is this shitcoin doing jesus christ

eh people im losing money over here

Can any TA autists give me an update, when we are breaking out?

inb4 tonight

Is this the singularity? We're at ATH sats value and only creeping higher. Can we keep mooning faster than BTC can dump?

forgive me if I have some info wrong, but basically it proposes to fix the "issue" of crypto and non-crytpo being two totally seperate things. The name implies it will be the link between the two.

It involves a lot of stuff that has to do with blockchains and smart contracts; things that some people argue are a technology of the future. Others argue it will be another extension of the NWO or some kind of shit idek.

Also there was some guy at some point claiming to be an inside trader or somethign and that chainling was the biggest new thing etc. Also a lot of forced memes. Kind of like what's happening right now with that fucking pathetic Sentinel shit.

in order to understand chainlink you have to understand what an api is.
you see an api grabs data from a server and inputs it on a website.
for example the price of bitcoin or a stock.
what chainlink does is that it grabs the data from a blockchain as opposed to a server.
what are the advantages of that?
nothing.
Which is why linkchain wont see mass adoption.
I hope that clears things up.

I’m going to explain this to you in a hypothetical. Let’s just say you bought a stack of 50k at 20 cents, which frankly many biz bros have or at least half that.

You paid $10k. That is peanuts, really. Plenty of middle class people have $10k in a single investment such as a stock.

Now your $10k is worth almost $90k.

You know who has $90k in a single investment? Millionaires and degenerate gamblers who are about to lose everything.

Now let’s consider this. This isn’t Apple or Microsoft or fucking McDonalds. NOBODY KNOWS what ChainLink is. Most people still don’t understand there is more than one cryptocurrency at all (Bitcoin). This is so far under the fucking radar, you are so fucking early, and you have a millionaire sized investment in an asset that is going to explode.

You have 50K LINK? I guaran-fucking-tee you will be a multi millionaire within the next 3 years.

Everyone here is early. Everyone here has way more LINK than any middle class jabroni can already even afford. Everyone here has the opportunity to escape wage cuckery forever simply by holding this ridiculous meme token. Just fucking WAIT until shit actually takes off. You haven’t seen anything yet.

Is this actually it? Is this (((organic growth))) going to finally push Chainlink into the stratosphere bros? Jesus Christ, every linklet with at least 1k is going to make it at this rate.

Why do we always peak and then dump when I'm asleep, god damn it

Anyone who doesn't have at LEAST one thousand Chainlink (LINK) tokens is going to wageslave forever

Sergey asked good question yesterday. What are people willing to pay for decentralization?

12K

I repeat, 12K sats, literally a new ATH AHAHAHAAHAHAHA

NO-LINKERS BTFO'D ETERNALLY

WE'RE ALL GONNA MAKE IT OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Whats the best way to buy link with fiat ATM?

What the fuck does Chainlink even do? I put all my student loans into this (about $20k) and I don't even know what it does. I have some vague notion that it lets the blockchain get outside data. That's it? Is that really worth more than $0.25 per token? Baka

You guys better be right about this shit

Expalin this. We all know chainlink will be big but when mainnet out and thousandths of customers use, how will ethereum scale with that when fucking crypto kitty clogged eth network. Blockhain agnostic is only option but what else can CL use when its all shitcoins 'ethereum killers' . Literally without off-chain computation CL is useless.

So this is the key to end wagecuckery forever...how are you currently feeling?

Me I'm excited and nervous at the same time.