/biz/ - Business & Finance

>>28666852
It is a long shot but not entirely improbable

>He'll never experience shitposting on biz in 2017/2018, discovering Chainlink at 20-40 cents
>He'll never experience the collective lols of being so sure about it, finding breadcrumbs yet not knowing if it would come to be. having funny fud constantly, and then after years being validated
>He'll never experience the organic natural decentralized blocking of reddit from Link and pricing them out forever

or 2017?

I'll sink in another $9,000 if it hits that,

I already have a comfy 15k stack but that price is irresistible. I stopped buying after it passed 1$ the first time, will I get this chance again Biz?
I'm worried that if i find it that irresistible so will many others with bigger pockets so it's destined to never go there. We need to to take advantage of the situation and step up the FUD marines, get alll the linkes who purchased since main-net to capitulate, there should be enough LINKs on sale if we do that.

I retired form fudding but i will be coming out of retirement one last time. No more pajeet tier FUD we've seen form (actual pajeets and poors) since mainnet, back to good old fashion OG FUD, good FUD that worked like magic for two years.

>>17572009

stfu faggot.
It was only obvious from the "memes" to brainlets who only bought because of them.

Many of use bought it and had confidence because it made so much sense, it was very clear now utterly necessary the oracle problem was,and how Link was the ONLY solution to it. In other words, its was a very obvious bottle neck to people who understood smart contracts.

I personally discovered LINK in march 2018. How? I saw the memes but ignored them for months. Eventually i realised how all shitcoins are useless because i couldn't understand how data would reliably get into a smart contract to unlock their use cases. This depressed me and i sold everything into BTC. I pondered this for a long time. what was the point in Ethereum if you had to manually feed the data and it could be wrong?

I recognized this oracle issue without having terminology for it. Then I read a little about oracles, and then i realised those faggots spammed about "the oracle problem" and i looked into LINK. I then had a divine moment and everything clicked. I went ALL in on Link in that month, sold every BTC I had and lever looked back and have been in absolute confidence ever since. Link is the bottle neck. If it fails, NOTHING succeeds. Longing Link is literally longing the entire crypto market, but with much, much less risk. I bought my 27K stack with every last BTC I had, and then slowly put more into it every paycheck till around March 2019 after main net announced. When It broke 1$ I no longer felt like putting in more fiat.

Now every time you newfaggots debate how people have large stacks, and how even 10k was a lot back then, remember a lot of OG linkies had profits from the bullmarket of 2017, they simply moved them into Link.

So to conclude, you have two camps. The low IQ retards, who thought it was obvious from "le meme magic" and the higher IQ (than normies) camp who found Link on their own or realised that issue preemptively.

The next rush is going to be for DAPPs and LINK is going to be the catalyst. It'll be more intense because we'll see people actually making fucking money from the DAPPS created. It'll be like the ICO bubble on steroids but only for the ew platforms that are needed.
BTC is right at the early stages of its next bull phase. Instead of the ICO crazy making shit pump harder like before, it'll be LINK acting as the gateway.
This shit is going to start way sooner than you all expect. Once staking is live, i anticipate the network accelerating. we're gonna see shit pumping before that though.

Here's my playlist of comfy music. Enjoys it boys, we made it.

https://www.youtube.com/playlist?list=PLkyb39nh8BIiwTBtnNVjrwKcpPl4il5cD

c s f t
s e e r
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>>14856442
>LP marketplace next month
my body is ready

>>14845968
I am ready

>>14845681
mfw

I have ties to the team, You anons kept me sane while it was a tough hold for 2 years.
I dont want anyone here to get burnt. don't lose faith in LINK.
The team are in some trouble with their obligations and ebts lately. I cant explain why they managed to rack up the debt, but its there and a big blockade to the future.
The string of news including the coinbase listing was no coincidence. Early PE investors wanted out and used their connections to make it happen faster(some didn't trust Sergeys ability to handle it as he lacks experience and is very ambitions and wont compromise, prioritizing certain things over debt), rather than watch the team struggle and get fucked by their debts. now the price is high enough to cash out enough for PE and progress can be made again by the team once debts paid.

It'll all be back on track soon.Sergey did not want to dump LINK down to the ground when it was under a dollar. Just hold. I think all the debts will be paid eventually. The bad timing with BTC crash makes it take way longer than it should

This will be my good deed for today


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

In general, the purpose of Chainlink is a network that incentives truthful data provided by individuals running LINK nodes (aka known as mining 2.0) while also providing compensation to smartcontracts just in case false data was used to trigger an agreement.

So, price rises not only to meet the insured needs of smartcontracts but also because LINK node miners (mining 2.0) are making money providing this service. Also, the bigger the smartcontract economy becomes the demand for high value LINK nodes follow. pushing $LINK price

Interestingly the tokenomics makes LINK a measure of value to the data being transferred in the network

The more data the higher the LINK price becomes
The more valued data the higher the LINK price becomes

Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life.
Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night.

Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over.
Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology.

Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 9900% increase in price over the nextmonths to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over.

This is a 4chan meme to siphon money out of the hands of the already vulnerable.

1000$ in BTC in 2012 = 180k at peak 5 years later.
1000$ invested into Eth in 2015 = $1.4M 2 years later

1000$ invested into link in 2018 = $2.5M @1000$

Can any institutional investment firm/fund beat Biz's portfolio?

How do I fomo into buying LP shares as a burger without getting nailed by the SEC

Fuck all this bullshit noise.
If Link gets even marginal use in crypto alone, it’s token value will climb significantly just from that. Add speculation in from newly aware plebs and it goes higher even without much use outside of crypto.
If LINK finds use in smart contracts in the real word then all bets are off, the $1000 meme is likely.

LINK is literally the next paradigm, bringing in something we have never seen before. Don’t forget that anons. All of crypto hinges upon Link.

This entire BTC dump was organized by CSW with a mining take over and fork attempts.
BTC whale pools agreed to dump the market.

Why?

to get cheap chain link. It was the only way they could silently accumulate vast amounts of links.

dumping all the way to the moon

>>11710168

Why isn't /biz/ sperging out about this?
https://www.forbes.com/sites/sarahhansen/2018/11/08/consensys-kaleido-launches-full-stack-marketplace-platform-for-enterprise-blockchains/#2e5b99832ad8

Should we start shilling to the other boards?
It doesn't look like we're gonna dump so might as well kick start the singularity.
We have enough articles, info graphs, memes.

Let's fucking do this.