/biz/ - Business & Finance

So some girls smell & taste good but mostly a gf is a risky investment at best? Why am I fomoing then?

*blocks your path*

any degenerates on? how do you become cold to regrerts over profit or money you missed out on cause of errors & poor judgement?

fuck me this is going to take forever, we're going to be stuck in the $2-$5 range for the next year at least, esp now with Corona. all these legacy companies are only at the discussion stage, they're still a long way away from actually switching to Blockchain and therefore using & expanding link. until then there's not going to be the demand or level of useage to make link moon properly.

what's the worst is having to watch everything crash again in the coming weeks. there no way I'm selling but it's going to be painful to think I could have sold & bought back more at a lower price. when link finally moons properly, everyone still holding deserves it, this is hard work

>>14894223
>This will be my good deed for today, 1 spoonfeed.

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?

Ok serious question, how do you anons in a relationship with a female also manage to find time to browse /biz/? Does she know? Did you tell her about what you hold (i.e. about your link stack)?

Got pic related blowing up my phone asking for a date but I keep blowing her off cause I can't get off /biz/, I mean what happens if I'm with her & link moons? How do you in-relationship anons do it?

Seriously, how much money do I need to have each month to get and keep a girl like this?
>t.40yo Neet