/biz/ - Business & Finance

>>20294119
Please, source, here, a meme..

>>18401802
skill usually means you've found a trading system that works or you trade hft derivatives or some shit, the first option doesn't lend itself to sharing because once a lot of people get their hands on a system that works it stops working, the second option doesn't get talked about because everyone (including myself) is too brainlet to understand, i can barely code and i don't understand black-scholes PDE, not that everyone here is like that but right now probably more than half the people lurking/posting don't actually know what futures or options are, what they're used for, how they're priced, etc.

>>18326026
>>18326402

>>18044025
there are 7 or so arguments for token valuations anywhere from $100 to $10000 dollars, all of them hinge on assumptions about the degree to which LINK needs to collateralize smart contract notional value, that is, risk is shifted from the counterparties of the smart contract partially or wholly to the chainlink nodes, if they fail in adhering to the terms of the service agreement in any way then their stake gets slashed an awarded to the injured counterparties (trivial examples of service failure are the oracle node being down, providing the complete wrong data, or otherwise failing to provide the requested data, but there are plenty of other interesting slashing criteria that could be implemented depending on the contract), the types of contracts that chainlink will provide data to in the near to mid term are derivatives and defi, insurance, fraud-proof gaming (gambling with trustless RNG), supply chain, and trade finance, if those industries are to place contracts onto smart contract platforms, then those contracts are going to need data from outside of the blockchain, chainlink (probably augmented with something like augur, kleros, UMA, or an in-house module for subjective dispute resolution) will fetch the bulk of the required data, that data needs economic assurance, the LINK token, theoretically if one counterparty of a contract loses money because of bad/insufficient/inadequate data, the node responsible for this failing bears the penalty, LINK needs to collateralize as much value as falls into this category, some estimate this is at least 0.01% of global derivatives and insurance notional value, others assume as much as 10%, maybe higher, my opinion is one of a random anon on the shithole of the internet but LINK is the best bet we have

>>17628410
i saw a dump to 1.5 or so but we bounced hard off it to $5+ with increasing volume

>>17149685
thx for the buy signal

>>17110572
on binance BTCUSDT: daily has no bearish divergence, volume looks healthy, rising wedge isn't clearly defined (too many wicks since the inverse head and shoulders are ignored to draw the wedge), and we're approaching a 50/200 golden cross on daily sma, if the weekly falling wedge that has been being painted since june (which was broken out of decisively on 1/14) plays out to it's maximum upside then the next monthly top will be around 19k by june, theres no clear resistance so who fuckin knows

>>16759313
>>16759321

>>16620786