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/biz/ - Business & Finance


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File: 197 KB, 1000x1000, ChainLink.jpg [View same] [iqdb] [saucenao] [google]
10737920 No.10737920 [Reply] [Original]

Can someone give me a quick rundown on this coins potential?

Perhaps someone that's more qualified to talk about it than most anons?

>> No.10737937

shit b8 m8...….SAGE

>> No.10737941

>>10737920
$1k EOY dubs confirm

>> No.10737956

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>> No.10737966
File: 169 KB, 307x290, No Linkers at Singularity.png [View same] [iqdb] [saucenao] [google]
10737966

>>10737920

>> No.10737973

>>10737920
Jason Parser? He’s Rory’s dad. He’s got a problem with Sergey because when Rory and Sergey were friends when they were younger, Sergey used to raid the cupboards and eat everything in the house. It cost Jason Parser a lot of money to replace all the food Sergey used to eat. The final straw was when Sergey was staying at Rory’s one night and stole his car when they were 15 to sneak out to a McDonald’s drivethru. Rory’s dad Jason thinks Sergey is a bad influence on his son and does anything he can to stop them being friends or working together. Why do you think we haven’t heard from Sergey in so long? Jason Parser has been staying with Rory and Sergey has been in hiding shitting his pants.

>> No.10737975
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10737975

>>10737956
you are a certified MANIAC!

>> No.10737977

>>10737975
dude... SO ARE YOU
you are in every fucking thread saying the exact same shit

"the definition of insanity is doing the same thing over and over and expecting a different result"

>> No.10738000

anyone with ANY knowledge of C+and Linux custom script integrated GNU compilers knows it's a minimum 2-3 year AT BEST.
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 for mainnet, it is essential it is 100% complete.

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

Sell this shitcoin and buy back later

>> No.10738014

>>10737920
>Can someone give me a quick rundown on this coins potential?
vast

>>10737956

stale boring pasted crap against link that is propagated by idiots who sold and want to buy back at a lower price. Lietally shit.

Just search for it and you will find that this rubbish has been spammed a hundred times before by these people who lie to put people off buying link because they are poor fags that need to try swing trading it to get more. They are morons.

>> No.10738033

>>10738000
more stale pasted crap that makes no sense to anyone who understand link of coding other than boiling down to 'they are d>>10738000

>Sell this shitcoin and buy back later
oing it properly'

Nah. Neck yourself. Not selling to help you. You sold you fucking moron. Tough shit.

>> No.10738070

>>10737920
>>10737956
shitty samefagging replying to self with ancient bullshit pasted her a hundred times in the scam life these sad fuck swing traders live in.because he's praying someone will sell enough so he can buy back in. The desperation seems real.
Never selling,

>> No.10738114

>>10738014
You're stale boring and pasted

>> No.10738173

>>10737920
>>10737956

>> No.10738208

>>10737920
you're such a fucking fag fuck you just fucking google it holy fucking shit why the fuck oh my god fuck you just go to the subreddit or warosu fuck you you fucking moron i hate you you stupid no linker CHAINLINK $2500 EOY

>> No.10738246

>>10737956
This faggot gets it. REAL businesses run on regulations and contracts enforced by courts of LAW, nationally as well as internationally. Holy shit, blockchain ain't shit in a real world usecase.

Why can't you brainlets understand this? OH RIGHT - you never had a REAL job in a corporation above flipping burgers. MBAs, JDs and anyone else who has just a bit of edumacation you sorely lack, understands this and is laughing their ass off about crypto.

>> No.10738515

>>10737920
JOHN SNOW -> JSON WOHN

>> No.10738591

>>10738246
Unironically true.

>> No.10738632

>>10738246
Eh, you've never had a job clearly know absolutely nothing about business or more particularly automation in business and ate just spewing out this shit to put people of buying link or even selling. You only bother because you are a swing trading paste spewing brainlet fail.

>> No.10738646

>>10738114
yeah but at least I'm not a sad nolink faggot who made a bad swing trade and is desperately trying to put people off the project so he can buy back in. I mean how sad is that?

>> No.10738656
File: 159 KB, 300x437, linkbanksy.png [View same] [iqdb] [saucenao] [google]
10738656

>>10738591
>Unironically true.
stop replying to yourself. No one is selling to suit you looser. No one. Get in or fuck off.

>> No.10738843

>>10738246

Exactly! Do you Linkies honestly think that a bunch of businesses all around the world are going to use a decentralized oracle network developed by a morbidly obese russian philosopher that is basically run by a cult of NEETs from a racist anime/meme forum who call themselves "The LINK Marines". You really think this shit is going to $1000 one day? In what fucking universe is this sequence of events even remotely possible to actually happen? Wake the FUCK UP Linkies, you're seriously D E L U S I O N A L.

>> No.10738847
File: 67 KB, 380x570, Bagged.jpg [View same] [iqdb] [saucenao] [google]
10738847

>>10737920
Biz larper over shilled this project with manipulated facts and info. Flipped it into something that will change the world and manipulated it even more by saying he has inside info and is sure of it.

Biz are up the shills and kept it going for months which spread like cancer and never died. Memes and a community formed around it. Easiest way to explain it, you're welcome

>> No.10738881

link will never go above a dollar again. i won't allow it.

>> No.10738893

>>10738881

This. Me and a couple of my whale friends have been slowly accumulating during this bear market. None of us planning to hold this above $1. Expect MASSIVE dumps all the way from $0.5 to $1.

>> No.10738921

>>10738893
>This. Me and a couple of my whale friends have been slowly accumulating during this bear market. None of us planning to hold this above $1. Expect MASSIVE dumps all the way from $0.5 to $1

Something something. So if link was rising steadily you would in your imagination, dump at an arbitrary price? Foolish but whatever. It will bust through 1.20 easily and move straight to 2. Watch

>> No.10738927

>>10738881
>i won't allow it.

But you will suck my dick. Buy kneepads I'm coming in hard

>> No.10738940

>>10738847
Sorry you fell for the swing traders and PnD groups posting crap. Your loss.

>> No.10738962
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10738962

>> No.10738963
File: 3.15 MB, 2000x1377, linkwef.png [View same] [iqdb] [saucenao] [google]
10738963

>>10738843
yes and so does this man founder of the world economic forum and he actually specifically mentions sergeys website smartcontract.com in his book the forth industrial revolution. Go have a read. Maybe you should contact him and share your shit fud.

>>10738847
>Flipped it into something that will change the world
see above

>> No.10738976

>>10738962
O I would not say swift is unofficial chainlink won a competition run by swift and is a listed partner on their site

>> No.10739001

Sergey Nazarov s “The ChainLink Network is proud to offer a solution to the pressing connectivity problem between smart contracts and external data by creating a fully decentralized blockchain middleware that serves as a conduit between smart contracts, data feeds, APIs, bank payments and back office systems, while making it accessible to smart contracts that need these resources via our LINK token.”

>> No.10739029
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10739029

>> No.10739044

ISO 20022

ISO 20022 is an ISO standard for electronic data interchange between financial institutions. It describes a metadata repository containing descriptions of messages and business processes, and a maintenance process for the repository content. The standard covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information, credit and debit card transactions and other financial information

>> No.10739098

https://www.swift.com/your-needs/iso-20022

SmartContract and
RISE Technologies have
completed their proof of
value projects
The inaugural Innotribe Industry
Challenge focused on the use of
distributed ledger technologies in
the securities industry. Attended
by 28 representatives of SWIFT’s
customers in securities markets,
and five fintechs active in this
space, the workshop asked
participants to imagine the lifecycle
of a short-dated bond on a
distributed ledger. In the months
following the workshop, two of the
five fintechs successfully completed
‘proof of value’ projects funded
by SWIFT and involving SWIFT
customers.
SmartContract demonstrated how
distributed ledgers could integrate
with existing bank systems using
a technology called Oracles.
Their project showed how market
participants could contribute
interest rate quotations to a smart
bond. The bond then uses these to
calculate a market rate and make
a coupon payment via ISO 20022
compliant SWIFT messages, with
a final update to track all payments
and their confirmations.

https://www.swift.com/sites/default/files/resources/swift_swiftatsibos_innovation_pioneering_inno_for_community_brochure.pdf

>> No.10739203

>>10739098
Bullish, very bullish. Very comfy.

>> No.10739214

>>10739203
https://create.smartcontract.com/sibos17

>> No.10739225
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10739225

>>10739203

>> No.10739250

>>10738246
Business is a joke school is a joke businessmen are spewing shit out their mouths and don't know anything except how to talk to other businessmen.
Link is going to change the world. 10000 EOY

>> No.10739251
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10739251

>>10739203
.

>> No.10739297

>>10739251
Ty for reminders Anon, just increased stack.

>> No.10739313

>>10737920
it has good memes

/thread

>> No.10739330

>>10737977
this is pasta newfag, some link shills just spam shit for fun. get lost to whatever board u came from

>> No.10739506

>>10738962
HHHRNNNNNNNGGGGGG

>> No.10739521

>>10739330
what you are responding to is also pasta my friend. how ironic.

>> No.10739547
File: 46 KB, 497x395, 1530243155714.jpg [View same] [iqdb] [saucenao] [google]
10739547

>>10739330
The comment you replied to is pasta as well. I think you're not pasta. Polite sage.

>> No.10739617
File: 125 KB, 1281x720, ey-blockchain-how-it-works-microsoft.jpg [View same] [iqdb] [saucenao] [google]
10739617

Don't forget this picture- it basically confirms Microsoft and EY will be using Chainlink

>> No.10739956

>>10739617
...The cube in the infographic actually says smartcontract....this can't be link can it? Too good to be true

>> No.10739973

>>10739547
Roger Ver, Jihan Wu, Calvin Ayre, The 8btc mod (19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k), Jiang Zhouer, the bitcoin.com cofounder, the Coinbase founder - all BILLIONAIRES who can complete the flippening with their own cash TODAY.
They're not doing so because they'd rather invest in BCH adoption. BCH adoption is skyrocketing while btc adoption is dropping.
In a few years both St Kitts and Antigua will use BCH as their main currency (Roger is working on St Kitts, Calvin is investing in Antigua more money than their GDP exclusively because of BCH adoption), Craig Wright will increase transaction counts by circumventing corrupt governments in Africa for money transfers (this one is not certain but very possible considering his funding), Roger is speaking to VIP-s every other day, including Japanese bank CEO-s, stock exchange owners, etc. Brian Armstrong will push BCH and shit on BTC subtly every chance he gets, bitcoin.com wallet is the most popular mobile wallet and it literally shits on BTC, propaganda/censorship effects are fading, Purse just added BCH meaning that normies can use it to get 20% discounts on amazon, Koreans love BCH and they seem to matter at least as much as Americans and significantly more than eurofags, miners are looking for ways to destroy BTC in the next few years otherwise their profits will crumble, LN is proving more and more of a failure every single day, Wright will patent-troll startups into moving into BCH, tipping on github is now possible with bch, smart contracts are coming in November, stress tests are a massive success, charities are popularizing BCH in struggling countries (Venezuela today, others will join in if trouble arises), Free Society project is progressing well, Circle is adding BCH next few weeks, Ayre who became a billionaire from gambling is going to create BCH-only online casinos

>> No.10740495

>>10739956
Its tru...

>> No.10740696

>>10739330
Kys newfag>>10739506

>> No.10740706

The simple fact that Sergey shared the same stage with TOM GONSER shows that Docusign is in bed with Chainlink. Why else would TOM do the panel? LINK is absolutely an insane project and will help crypto become mainstream. the whole LINK $1000 EOY is total BS but I see 15-20 easy.

>> No.10740878
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10740878

Shitpost turned into a comfy thread

>> No.10740979

8700 eoy kek wills it

>> No.10741080
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10741080

IMPORTANT QUESTION:

Will LINK hit $100k before Bitcoin does? Which has a better chance of hitting $100k in 2019?

>> No.10741107

>>10741080
Bitcoin for sure bit Link will see the most increase in the next year.

>> No.10741200
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10741200

>>10737920