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/biz/ - Business & Finance


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10201530 No.10201530 [Reply] [Original]

why aren't we shilling this to other boards yet?

>> No.10201581

>we
Kys

>> No.10201595

>>10201530
They don’t deserve it. You really think Bronies and faggots deserves to be millionaires?

>> No.10201682

>>10201595
I really doubt normies would give a shit and actually invest enough to get rich from LINK.

Just think about how many mountains of information you had to climb just to get to the point where you understood how to buy chainlink on binance or etherdelta.
The ones who actually dare will only invest 100 bucks at most, or they sell too early or at a loss.
also most won‘t even understand wtf it even is, what it does and why they need it.

>> No.10201689

>>10201682
it's not that hard to buy Link anon, don't flatter yourself

>> No.10201861

>>10201682
fucking this. >>10201689 doesn't remember what it was like when we all first learned about crypto. Personally, I thought it was a scam and I refused to invest for the longest time. I didn't learn about ChainLink until January, and even then I thought it was some sort of joke played on newfags to get them to lose their money. I unironically locked myself in my room for the first two weeks of January and poured through HOURS of information a day until I finally understood what it was all about. I've tried telling some friends about it and explaining it's significance but they'll never understand what it truly is without going through that learning experience.

>> No.10201908
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10201908

>>10201689
True, but what I think he meant is that imagine going through all the research to find info on Link, along the way getting hit with countless instances of FUD, stupid memes, and just absolutely bizarre cult-like behavior. Now if at that point you aren't turned away, you have to have a general knowledge of crypto and understand how to buy and store your tokens safely. Then after that believe in it so much that you actually invest a significant amount into it. I won't even mention understanding the tech because while I'm sure most get the basics, it's not exactly easy to comprehend how it will be implemented specifically. All these things together create this perfect storm that if and when Link goes parabolic, the people that put in should definitely be rewarded. Any asshole can buy Link in theory, but 99.9% of people that make it off Link will have gone through all that other bullshit mentioned previously and still prevailed.

>> No.10201930
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10201930

>>10201689
not that hard to be an astronaut either.

>> No.10201943

>>10201930
Kek. Nicely done senpai.

>> No.10201979

Gentoomen could not be shilled, hardware is scarce. Not code.

>> No.10201980

>>10201908
So the real barrier to entry is...when is Link going to end up on the mainstream exchange sites? Bitcoin is easy enough. People having to go sign up on some obscure chink site like Binance is a huge deterrence.

>> No.10202007

>>10201530

1. as others have said, they haven't earned the knowledge and thus don't deserve to make it
2. we don't need their money for link to moon. token economics from enterprise adoption will trigger the singularity
3. until then, it's in our best interest for the price to be as low as possible

personally i'm done accumulating so i'd actually like to see the price begin to shoot up, but most people on here don't want that and i respect that

>> No.10202026

>>10201530
I'm not a pajeet, I'm not going to shill my holdings to other boards that aren't for crypto discussion, let alone /biz/

>> No.10202035 [DELETED] 

>>10202026
Pajeet, you little monkey! Stop shitting on the street.

>> No.10202051
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10202051

>>10202035
(You)

>> No.10202086
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10202086

>>10201980
Meh, I'd say the real barrier is ultimately doing the research and having faith enough to believe in it. Signing up on Binance is easy but the fud and lack of discourse about Link outside of 4chan is what keeps normies from finding it and learning stuff that doesn't turn out to be disinformation.

>>10202007
Agreed on that last point. I've got a top 160-170 wallet and am just waiting. I don't mind the wait either because it allows fellow anons to buy more and I fully understand this is a token that's meant for big business and it has to be absolutely 100% perfect. I'm 28 next month and have a decent job I like. It'd be awesome if it mooned tomorrow but hey, if I have to wait 2,3, even 4 years but in the end it means i'll be a multimillionaire then that's fine. There could always be worse than retiring in your early 30's. Anyone that doesn't have that kind of patience doesn't deserve this.

>> No.10202125

>>10202086
With that big of a stack, you're definitely going to be one of the first to make it marine

>> No.10202130

>>10202086
what price are you selling at
thats the hardest question ever imo

it could be 10$ peak it could be 1000$ peak

>> No.10202152

>>10202086
where do you even see the blockchain for chainlink to see what wallets have what

where do i see this at

>> No.10202153

Why does Facebook need Chainlink?

>> No.10202166

>>10202152
https://ethplorer.io/address/0x514910771af9ca656af840dff83e8264ecf986ca#tab=tab-holders&pageSize=100&holders=1

>> No.10202175

>>10202152
Flush yourself down the toilet.

>> No.10202182

>>10202175
braaaaaaaaaaaap

>> No.10202199

I mean its pretty obvious...Facebook needs oracles to determine if news is true or fake right?

>> No.10202213
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10202213

>>10202125
Thanks brother, basically all in at this point. Made some decent bucks on ETH and then ANS. Went in on Link because it really strikes me as the only valuable project in the space right now. Shout out to everyone here that stuck together to make autistic findings over the last 9-10 months.

>>10202130
I honestly have no idea. My portfolio peaked at 300k during the last bullrun and I held all the way through leaving me with 70k currently. I'd like to avoid that again so I see myself cashing out 5-10% in the 30-50 dollar range. Using that to pay off my old man's mortgage as well as my own would put me in a position to live comfy even if I kept waging. Anything after that I would continue to hold strong hoping for some outrageous amount of money. I have ideas if that happened but it's too much to write here. That being said I'm not delusional and fully realize none of this may even happen and Link will stay where it is now forever and I just have whatever I have currently years down the road. It's a gamble for sure but many other techs have been gambles for the people that had a vision and ended up making it big.

>> No.10202275

>>10202213
basically link is your last ditch effort you lost 200k and then said fuck it ill throw 70k into link see if i can rebound it all

>> No.10202285

>>10201530
They don't deserve it, fucking weebs and bronies.

>> No.10202358
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10202358

>>10202275
Eh not really. As time has gone on I've gone from project to project depending on what was coming up. Started with BTC, then ETH, then ANS. Made some bad calls along the way but starting with 10k I can't complain where I am now. It was money I was prepared to lose so the fact I'm still in the fight is great. That being said if I wanted to rebound my money safely I would just put it all into ETH, maybe even NEO. Or a combo of both. The prices will eventually go back to were they were at peak January, it will just take time. My plan here isn't to just rebound my money, but to get it back and more, by going in on what i believe will be the next dominant token in the crypto line of good bets. BTC-ETH-ANS/NEO (even though the last one was just a another blockchain platform, not really a foundation for crypto). Link is the next logical step if you look at it closely. It's what will make all this tech relevant to the real world.

>> No.10202481

>>10202358
>It's what will make all this tech relevant to the real world
So without oracles, smart contracts can't function?

>> No.10202557
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10202557

>>10202007

Decentralization is needed Mr. Bond.

The more of us that know about link, the better the system will work.

>> No.10202564
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10202564

>>10202007

not to mention getting stupid idiots to buy something they fundamentally don't understand will decrease the supply when they inevitably brick their systems doing some dumb normie stuff. Increases value of our link.

>> No.10202615
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10202615

>>10202481
I'm not going to go down this rabbit hole since this is the most basic Link research. But for the sake of argument smart contracts can be used without Link. However without a decentralized oracle that Link is trying to accomplish there will always be a possibility of corruption. Which is especially bad when it comes to SC that will eventually be implemented in the corporate world where millions of dollars may be at stake. Assuming this isn't trolling/fud and you're legit interested, read the Link whitepaper and research "the oracle problem" as it pertains to SC. Best way to start with all of this.

>> No.10202629
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10202629

>>10202481
They can function, you just can't do anything with them except make more tokens. In order to make them trigger automatically from events that happen in real time, you'll need to make yourself an oracle that can or use someone else's Oracle service.

But wait just a God damn minute, smart contracts are supposed to be trustless, allowing someone to provide data for the smart contract gives them control of the smart contract and how it pays out. The idea behind Crypto is to not let any one person have any control over ledger/smart contracts.
That's where LINK comes in. It really relies on if smart contracts will be useful and widely used in the future. My bet is yes

>> No.10202657

>>10202564
>inevitably brick their systems doing some dumb normie stuff
What do you mean?

>> No.10202691

>>10202615
I read the whitepaper but I am a brainlet, so some of it was hard to understand...anyways, thank you for the explanation.

>> No.10202700

>>10202629
In theory, is there another way to connect the blockchain to real world data without an oracle?

>> No.10202747

>>10202700
Nigga if I knew I would be starting a business with the domain smartercontracts.com right now

>> No.10202765

>>10202747
Point taken.

>> No.10202795
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10202795

Also here's some conspiracy theory:

The reason why these big companies aren't coming out and saying that they are using chainlink because the contracts that they are servicing for their customers. Their customers are trusting their multi million to billion dollar contracts with SWIFT, Docusign, Salesforce, etc. They do this with a high standard of trust between them and their customer

If they come out saying they are using this through Crypto to streamline the process while also using thisunproven decentralized Oracle provider, the customer might not feel so comfortable with this new unproven tech managing their billion dollar contracts

It is likely we won't be hearing directly from these companies on how they're using Chainlink for a while, while they are still using it behind the scenes until it gains more support

>> No.10202827

>>10201530
Because this is the last chance ever to accumulate chainlink this low. The price before nodes get going isn't even going to be relevant once chainlink comes through with what's promised. The lower the price at this time, the better. I currently hold 16k I'm trying to get 25k by the end of the month, hopefully more. We have been attempting to FUD chainlink into oblivion for quite some time now, so anyone who is reading this please join us in convincing fools that chainlink is a throwaway investment. I'm so sick of seeing people who just dont get it. There's a meme behind these memes. Let's drop the shills and spread pure unfiltered FUD about ChainLink from now on until "IT" happens. It can be financially beneficial for everyone

>> No.10202833

>>10202700
Courier pidegons nigga. One those little shits are in the air, there's no way to tamper with yo data. The high up as fuck! All we gotta do is train today's common pidegon or some other bird to bring messages back and fourth. It's the Link killa fo sho

>> No.10202841

>>10202827
Honestly in this market, I think LINK will hover around 20-30 cents for another year...we are in a very strong bear market.

>> No.10202845

>>10202691
Don't sweat it, there's still a bunch i don't understand but I try to follow legit threads closely and learn as much as I can

>>10202700
Well by definition an oracle IS what connects real world data to smart contracts so the answer would be no. The reason CL comes into the mix is because it is a decentralized oracle. A SC using a centralized oracle is open to corruption due to info coming through just that one source. CL allows parties involved in a SC to use multiple nodes to confirm the info so that there's a consensus to ensure the info is legit. There's more to it but this is just the most basic shit.

>> No.10202870

>>10202841
Probably less if you hold any sell

>> No.10202879

>>10202795
does the main monetary incentive in using a decentralized oracle like the CL system (for SWIFT and docusign, etc..) come from cost cutting through added efficiency or from just having the competitive edge of being air tight and able to execute high really insane high stake stuff that needs utmost security? idk if that makes sense. I guess what im wondering is, what is the real big specific incentive for business here, besides the obvious technical advantage. What is the main reason they are looking into this if they already have all this customer trust?

>> No.10202932

>>10202827
you got that pic of vitalik purposefully not mentioning chainlink when talking about oracle solutions because him and sergey have been in this together for years? Good FUD
>People don't realize Vitalik's genius. He's been playing the "I want to change the world and I wear unicorn shirts with rainbows" commie fag to attract anti-corporate crypto sentiment over the past few years.
>Meanwhile has been licking more corporate boots than sergey behind the scenes and is smart enough to know that ETH needed the spotlight from early adopters first to give LINK a platform
>Why do you think he deleted his endorsement of ChainLink from back in 2016? This plan has been years in the making
>Both haven't shut the fuck up about smart contracts since 2014 and both need institutional money to have a functioning ecosystem

>> No.10202978

>>10201530
Because /biz/ attracts the greediest most impulsive buyers around and they still don't fall for the LINK shitshow.

>> No.10203053

>>10201530
chink

link

>> No.10203056

>>10201980
You aren't understanding the scope of this project. It will succeed without being on any other exchanges. Normies are completely unnecessary for LINK to be worth a metric fuck ton. What any of us should be worried about is who is getting the tokens that Sergey holds. That will determine our fate.

>> No.10203073
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10203073

>> No.10203089

>>10202879
You need to reason through it for yourself. Here's some help, get reading
https://medium.com/@markoblad/contract-as-code-8cf74e6a5701

>> No.10203090

>>10203073
The last 2 paragraphs speak of 2017. There are something like 7 devs now. The top devealoper of ethereum is helping code it.

>> No.10203113

>>10202879
Amazingly it comes from several angles and you are explaining some of them. Another big angle LINK has is that it will create a way for banks or other critical API providers with a way to make money off lending their APIs to the Chainlink network making them available to smart contracts on every blockchain that has them.

>> No.10203117

>>10203089
sweet thanks

>> No.10203156
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10203156

>> No.10203183

>>10201530
Because I don't work for you, do what you want. Sergey not talking or hiring a marketing team is good, but me doing shit for him for free is good. No.

>> No.10203364

>>10202007
thanks based anon

jokes aside I really respect anon like you for not beeing a selfish fuck. I'm a europoorfag and got only 2k of the spice. will buy another 1k by the end of the month, but that's all. I'm broke, and will have money for another 1k maybe by the end of the year, if the price not moons by then.

>> No.10203380

are you really that desperate to unload your bags? isn't it bad enough to be known as a deluded linky on biz? you want to be known as one by all of 4chan?

>> No.10203391

>>10202007


>>10201595
and you basement dwelling fucks some how earned a chance to make it simply because you read copy pasta shills and did something sub 100iq pajeets have been doing for years?
literally delusional

>> No.10203412

>>10203183
>the lead of a project not talking about the project is a good thing
Literally delusional. If sergey tried to pull this shit with an IPO he would be getting stinkylinked by Tyrone in a federal prison by now.

>> No.10203423

>>10201530
You guys are the only ones who'd fall for such a shitty scam.

>> No.10203433

>>10201595
/pol and /fit kind of deserve it though

>> No.10203437

>>10203412
Stock market companies only give quarterly updates. Crypto is the only space where investors expect weekly updates and price preditions from devs.

>> No.10203443

>>10203433
People on fit came from biz after making it. People from pol migrated here years ago. You can't help those who don't want help in the first place though.

>> No.10203445

>>10201530
This project doesn't need shilling brainlet.

>> No.10203448
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10203448

>>10201530
cus https://www.theaccountingblockchain.io/?aId=7543845-2892534 is better

>> No.10203452

Is link a big inside joke thats getting over my head or why is everyone having a big bag and shilling this shitcoin?

>> No.10203454
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10203454

>>10202199

>> No.10203460

>>10203452
You know those delusional cult telegram groups like Skycoin etc.? Chainlink has one on /biz/.

>> No.10204224
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10204224

LINK is for the patient. Smart money doesn't shill.

Ever paid attention to the slowly increasing number of HODLERs? We see the signs for moon.

>> No.10204442

>>10202007
I agree
How many have you got anon?

>> No.10204446

>>10201689
this

>> No.10204659

>>10204442

62k

>> No.10204668

>>10203448
kys

>> No.10204696
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10204696

>>10201530

>> No.10204758

Why are threads not bumping

>> No.10204833

I have 100k link you're telling me I'll have 100 million dollars topfuckingkek

>> No.10204873

>>10202086
This guy fucks.

>> No.10204877

>>10204659
Very nice I've got around 20k and want to get 30k

>> No.10204902

>>10203412
I'm not saying it's good, I'm just saying that logic comes from the same people. I'm really fucking angry at his silence, so I don't want to hear shit about why am I not helping.
> it's inevitable anyways silly moonbois this wasn't aimed at you singularity hehehehe
OK. You shill it if you want.

>> No.10204994
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10204994

>>10202213
good luck brother, I missed the ANS run by a month or two

>> No.10205017

You guys honestly think $30-50 per link token is possible? You realize it's 22 cents right now right? You know how many people here would be multi-millionaires?

>> No.10205041

>>10202125
>tfw no income

waiting for this fucker to drop again so i can go all in with what i have

>> No.10205276

>>10201980

you still gont get it. the less normies that own LINK the better for the singularity. holy shit. we benefit from as few people as possible owning it. you are privileged to be able to buy this right now, by sheer luck. it all riding on sergy distributing the 650m coins to institutions and investors of top tier caliber. especial old institutions and users of the network. we want the circulating supply going to them too as much as we can. wait why the fuck am even sharing this valuable information.

>> No.10205370

>>10205276
because you're a nice lady, duhh.

>> No.10205390

>>10205017
There’re only a few hundred, maybe a couple thousand of us. Many will sell between $10-20.

>> No.10205442

>>10205017
Most people don't even have 5k don't be fooled by the big boys posting their wallets because they have something to brag about and us small boys who just keep quite because we have nothing to brag about.

>> No.10205444

Test

>> No.10205622

>>10205017
I have a hard time believing so many ppl on here will be millionaires.. Nowadays when a project announces a partnership the price barely pumps.

>> No.10205744

>>10205017
$50 eoy 2020

>> No.10205799

>>10202932
No but I've seen it. That crazy motherfucker might actually be in on it

>> No.10205937

>>10202845
What if one of those oracles holds a transaction hostage? I don't know exactly how it works, but lets say 9/10 OK the deal, but 1 doesn't. Are these real interconnected people, or is this some automated system of some kind?

>> No.10205998
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10205998

>>10205937
the oracles separately gather data from outside APIs, process that data, then do consensus on the results before they get sent as inputs to the SC. Honesty is assured because 1 bad actor would be outvoted by 9 good oracles. Staking keeps oracles incentivized to provide honest data and data processing.

>> No.10206064

out of curiosity where do most of you store your coins? I have mine on exchange right now however thinking of moving them to myetherwatllet.

>> No.10206102

>>10206064
Mew and ledger nano s

>> No.10206112
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10206112

>>10206064
all my linkies are on wallets outside of any exchange, the private keys never touched the internet in any way, every transaction I do with the wallets happen through an air gapped computer that also never touches the internet.

>> No.10206222

I really need to pull mine down to Mew or my nano s (that I have never even opened yet). Have been accumulating for last several months and have a decent stack but starting to make me nervous with them sitting on exchange.

>> No.10206226

>>10206112
assblaster?

>> No.10206227

>>10206064
>>10206112
id imagine most of the 5k+ linklets are using /g/ level autism and airgapped thinkpads

>> No.10206233

>>10206222
same. I just dont want to pay the fee for transferring out of an exchange.

>> No.10206303

how much is the fee? I have a set number I wanted to accumulate then I planned on pulling them down to a wallet however every time I buy my now with my stack getting bigger it makes me more nervous with them sitting on exchange.

>> No.10206374

>https://www.coindesk.com/worlds-largest-bank-eyes-faster-asset-exchange-with-blockchain/

>When a user from one institution initiates a transaction request, it triggers a smart contract causing every node to validate the transaction based on the information provided, including the sender's account balance, name and transaction amount. A transaction would be considered complete once the network has received sufficient validations from participating nodes for consensus above a pre-determined threshold.

What are your thoughts on this

>> No.10206423

>>10206303
Like 10 link or something so the price of a small home basically

>> No.10206453

>>10206227
why wouldn't you use /g/ levels of autism?
you like to lose your precious Linkies?

>> No.10206481

>>10206453
not a criticism in the slightest. always envied the gentoomen

>> No.10207304

>>10205017
This has been addressed before and is actually one of my favorite topics. There's a lot of factors to consider. First it seems unbelievable yes, but compare it to people who invested in BTC or ETH when it was 22 cents. No one imagined it would go so high but it did. Granted this is a different tech with a different purpose but the idea that early investors can get rich is all the same. Second think about how many people will sell early. top 1k wallets have a minimum of 37k Link approximately. Even if it gets to 1k per Link how many of those people will sell before that. If you have 50k Link and it goes to 20 dollars, most would be hard pressed not to sell immediately and take their million. Not everyone is inclined to stake their Link or gamble that it will reach the hundreds of dollar range in price. And finally just the number of people that own Link (approximately low 20k number of wallets with Link). Assuming the majority sell before they're multimillionaires, those that do become filthy rich won't make a difference in the grand scheme of things on a planet with countless millionaires already amongst 6 billion people.

>> No.10207406

>>10206233
>not willing to pay 12 LINK to secure possibly millions of future dollars

>> No.10207477

I'm sorry are you fags saying chain link is good?
This whole time I thought it's a meme to troll newbies, but this shit is for real?

>> No.10207497
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10207497

>>10207477

>> No.10207507
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10207507

>>10207477

>> No.10207527
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10207527

>>10201689
That Zoomer who refuses to help his mom with anything technical until her WiFi router needs restarting so he can watch anime

>> No.10207538

>>10202657
normies are more prone to not having secure redundant backups of their data (private keys, recovery seeds, etc.) and also destroying their computers

>> No.10207582

>>10207477
>Falling for memes as they get ever more complex

Chainlink is literally to fool other Anons that are newfags to waste their money. This is 4chan after all, the place with the most infamous haxors and trolls on the entire internet.

I will only give this warning once, never buy Chainlink you will lose all your money.

>> No.10207600

selling link. buying sys. then selling sys after pump. buying link again

>> No.10207615
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10207615

>>10207582
delete this

>> No.10207740

>>10203156
O>>10203433
/b/ is our Mother.
/pol/ /fit/ and biz are our fathers.

>> No.10207757

>>10204833
You will sell before then guaranteed

>> No.10207825

>>10201980
The real barrier is to have iron hands and pick the right time to sell it. Even anons who bought link will struggle with that. It sounds easy to not struggle though, right? Just don't look into it for a couple of years and everything will be fine, right? Easier said than done when you invested a big sum of money.

>> No.10208198

>>10207406
Well its going to be 12k in future.

>> No.10209165

>>10207600
sounds legit

>> No.10209189

>linkies think they are smart
kek, idiots.

>> No.10209206

>>10201861

Dude is as simple as to allow external data to action smarcontracts easy af

>> No.10209361

>>10206233
rofl 10$

I couldnt imagine being that poor holy shit

>> No.10209672

>>10206222
How many have you got anon?

>> No.10209684

>>10203437
how many updates has sergey given us this year?

>> No.10209696

>>10207304
BTC and ETH don't have a billion coins in circulation

>> No.10209804

>>10202007
>>10201908
>>10201861
The pure delusion. You retards actually think you have fundamentally analyized link and are some sort of elite investor. You know about link because its been shilled to fucking death on this shitty board with terrible infographics and extremely far reaching claims with no evidence. I guarantee none of you have actually even tried to use the testnet or have even considered the token economics at play here. The testnet is a peice of trash centralized (it uses one source) API scraper that uploads data into a non self executable smart contract. A fifteen year old could write the code to do this, it tests nothing envsioned in the whitepaper. Now for the token economics 35% of the total supply is in the hands of Sergey himself. The top 100 wallets control 85% of the supply of this coin. Your investment can be quite literally wiped out overnight without a moments notice. Going all into this project is probably one of the stupidest things you can do with your money but retards like you keep lining up thinking you are the next Warren Buffet. Chainlink is so far from a sure thing.

>> No.10209844

>>10209804
nah dude you aren't looking at the fundamentals!!

>takes look at actual fundamentals
>nothing but red flags

>> No.10209935

>>10202153
who does a fish need water?

>> No.10210001

>>10201530
LINK 1000 EOY

>> No.10210035

>>10209804
>Now for the token economics 35% of the total supply is in the hands of Sergey himself.

XRP founders holds 60% of total supply.

>> No.10210155

>>10210035
xrp is a shit coin too and the only rrwson its worth anythijg is because its marketed arounf normies. yoi linkies want no normies involved. What's your point?

>> No.10210348

>>10210035
Ok? I never brought ripple into the conversation. Yes, there are coins with even worse token economics, that does not mean chainlink is better from an investment perspective...

>> No.10210375

>>10209804
just sold 100k link

>> No.10210385
File: 853 KB, 750x937, Linked.png [View same] [iqdb] [saucenao] [google]
10210385

>>10206112
>every transaction I do with the wallets happen through an air gapped computer that also never touches the internet
Then how do you broadcast the transaction? If you do it with a usb stick, then how can you be sure the usb stick is not compromised?

>> No.10210520
File: 122 KB, 1280x720, bateman.jpg [View same] [iqdb] [saucenao] [google]
10210520

>>10210385
>how do you broadcast the transaction?
https://etherscan.io/pushTx

>If you do it with a usb stick, then how can you be sure the usb stick is not compromised?
everything is encrypted, I'm not worried.

>> No.10210601

>>10202007
>personally i'm done accumulating so i'd actually like to see the price begin to shoot up, but most people on here don't want that and i respect that

NICE/LINK HODLERS ARE DESERVING FUTURE RULERS

>> No.10210612

>>10201530
we are fren
freight trains must start slowly...

>> No.10211055

>>10207582
This. If you ever buy even one single LINK token your teeth will break into pieces and you'll pee red.

DON'T DO IT.

>> No.10211455

I think we are over estimating guys, i mean how much do you "really know" can you get a node up and running? do you know how all this is going to be actually implemented? have any of you actually tested on ropsten? is linkpool.io safe? idk.

I bought link because i dont see how smart contracts can have any value if they can not communicate with real world data feeds. I do not understand how any of this will end up changing the world if we can not take it beyond tokenization.

but then i read this:
>The pure delusion. You retards actually think you have fundamentally analyized link and are some sort of elite investor. You know about link because its been shilled to fucking death on this shitty board with terrible infographics and extremely far reaching claims with no evidence. I guarantee none of you have actually even tried to use the testnet or have even considered the token economics at play here. The testnet is a peice of trash centralized (it uses one source) API scraper that uploads data into a non self executable smart contract. A fifteen year old could write the code to do this, it tests nothing envsioned in the whitepaper. Now for the token economics 35% of the total supply is in the hands of Sergey himself. The top 100 wallets control 85% of the supply of this coin. Your investment can be quite literally wiped out overnight without a moments notice. Going all into this project is probably one of the stupidest things you can do with your money but retards like you keep lining up thinking you are the next Warren Buffet. Chainlink is so far from a sure thing.

and it really brings me back down to earth because i realize im a complete fucking idiot.

>> No.10211699

>>10211455
Wow, if you are not being facetious you are one of the first realistic chainlink investor i’ve encountered. If you don’t have the technical know how to try out the testnet, this article does a good job explaning what can be done on it.
https://medium.com/@jonnyhuxtable/smartcontract-test-net-and-technology-evaluation-b5023d750f6f

Nodes are not incorporated in the testnet, ethereum contracts do not self execute, data is sourced from ONE website with a json parser and added into smart contract and the contract does nothing with this data.

You have to ask yourself, what is this testnet even testing? It is adding centralized data source into a smart contract completely bypassing the token and node utility outlined in the whitepaper and the smart contract cannot read the data and execute based on the results even with only ONE data source. All this does is add outside data into a smartcontract which has been done, it is easy to do and not a new breakthrough. The system still relies on a centralized data source, skips over nodes (making your investment worthless at this point), and requires somebody to execute the contract themselves completely defeating the purpose of the entire system. What are they testing?

>> No.10211731

>>10207477
I thought the same thing and I'm actually considering buying link...

>> No.10211739

>>10207477
>>10211731
Try a pool cleaner vacuum while underwater, especially with a heated pool, it will give you the best orgasm of your entire life. the fans rapidly but gently smack the head of your dick while giving really strong suction. obviously stick your fingers in first to make sure it's safe, not every pool vacuum is the same. I've had blowjobs from 3 different women and 4 different men, I've used vacuums, cock-pumps, fleshlights, vibrators... and NOTHING compares to the pool cleaner. I'm not even fucking kidding right now, if you get the chance, try it. the only thing that is even remotely close to how good that pool vacuum felt was straight up vaginal sex with this fat chick who had a really warm snatch, it was like sticking my dick into a wet loaf of banana bread straight out of the oven, and yes this fucking pool cleaner vacuum was better than that. I don't own a pool or else I'd be doing it every day. unfortunately the owner of the pool caught me doing it so I'm not allowed to be within 1000 feet of his house anymore but it was so fucking worth it, I'm telling you that fucking pool vacuum is like heaven. honestly the only reason I even want to make it is so I can afford my own house with a heated pool and of course a pool vacuum. I can't wait to buy a dozen different brands and styles of pool cleaners and fuck them all. I live for that day to come.

>> No.10211827

>>10211739
Fucking hate this board

>> No.10211858

>>10211739
dont do this anons...

>> No.10211882
File: 741 KB, 1200x1200, 1497047054162.png [View same] [iqdb] [saucenao] [google]
10211882

1000$ EOY unironically

>> No.10211915

>>10211731

DON'T. they are all praising that the mainnet is online soon and al l the "innovations" happening on the github, but Nah, anyone with ANY knowledge of C+and Linux custom script integrated GNU compilers knows it's a minimum 2-3 year AT BEST till it goes online

Link devs took the hard route of going for a SE Linux hardened kernel integration into their scripting tool - PRO TIP, since they are using it as part of the back-end mainnet core, it is essential it is 100% complete.

Even Linus Torvalds (creator of Linux) took 2 years to compile a similar scripting tool.

>> No.10211968

>>10211915
...so this means more time to accumulate?

>> No.10211998

>>10211915
Reminds me of when i waited for the ICON mainnet and got dumped on like a fucking toliet

>> No.10212006

>>10211998
Good thing link can't fucking dump much more than this.

>> No.10212063

>>10212006
And how do I know that? Is this the bottom?

>> No.10212075

>>10207406
>>10209361
>they think the price is going to stay at .22.

gee i wonder how much money im giving up when link its even 15.00

>> No.10212143

>>10211915
how do i verify what you are saying to be true?

>> No.10213112

The moment you solve the oracle problem, which I'm sure chainlink will do, you are essentially moving the goal post and moving the single point of failure further back.

How do you get api into the chainlink network? Sensors that provide api cannot be decentralized to the extent chain link nodes are decentralized. Sure you can have competing companies provide their own sensors and multiple different sensors can send the real world data to the contract, BUT that's not decentralized enough and much more susceptible to a 51% attack.

>Inb4 read the white paper and learn about link tokenomics
I already did.
This encourages people staking their link in their nodes to find a good data provider so that your nodes retain good reputation.
Let say that company x provides consistent correct data. You, as a node runner, are incentivized to get data from company X (see passive income).

Suppose you stake 1000k worth of link in the node as collateral for a high end contract by company X. There is always a possibility of bad actors colluding and perhaps interfere with the development of sensors (let say add a backdoor). And during this critical moment, multiple different sensors provided the incorrect data onto the contract. You just lost the 1000k worth of link you staked as collateral.

Even if the company is financially invested in sending the correct data to the contract, it only takes a few bad actors for this to happen.

Solving the oracle problem is NOT ENOUGH for smart contracts to be adopted by mega corps who literally put billions on the line.

> if bloomberg wants to offer data to a contract he could do it himself without outsourcing node running. So why would it benefit from sabotaging himself?
Good point but significantly limits the number of use cases for smartcontracts. And also if every big corp ran their own node, who would use the nodes ran by us neets?

My estimate is 10usd max per token by 2022

Refute this

>> No.10213410
File: 132 KB, 949x854, Chain Link Info.png [View same] [iqdb] [saucenao] [google]
10213410

>>10201530

>> No.10213432
File: 181 KB, 1206x589, Screen Shot 2018-07-09 at 9.47.54 PM.png [View same] [iqdb] [saucenao] [google]
10213432

>>10201530
yes, shill this on other boards so you can make the 9 people posting these threads super rich

>> No.10213557
File: 147 KB, 759x819, BitGold Szabo Info.png [View same] [iqdb] [saucenao] [google]
10213557

>>10201530

>> No.10213622
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10213622

>>10201530

>> No.10213631
File: 65 KB, 1116x935, October 22, 2014 Sergey.png [View same] [iqdb] [saucenao] [google]
10213631

>>10213622