/biz/ - Business & Finance

Who would you rather trust, educated experts or autistic neet virgins who still live in mommy's basement?

>>10790530
It's verifiably not a scam by now. As to whether or not they can pull off mainnet, that's a different question. High risk, but the risk is offset greatly by the potential to Bitcoin-tier skyrocket if it works
Just don't expect to retire off a $100 investment

>>10790575


>>10790575
>Who would you rather trust, educated experts or autistic neet virgins who still live in mommy's basement?

((((educated experts)))

>>10790530
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>10790577

I've worked enough to afford a better computer which I'm also mining off of. I'm trying to use money I earn through that to slowly feed into my portfolio, but it's hard to tell which (if any) cryptos to feed into to get a good ROI by second quarter 2020.

>>10790645
mining link is how most of the money will be made in the first few years desu

>>10790641

not tryna be condescending, but say you want a strong ROI within 2 years. where do you trickle your money into today.

also thanks for the background. i think I'll sell after a 10% gain and redistribute.

Here's some basic stuffs to get you started fren:

OVERVIEW

Understanding ‘blockchain’: https://blockgeeks.com/guides/what-is-blockchain-technology/
‘Smart contracts’: https://digitalchamber.org/wp-content/uploads/2018/02/Smart-Contracts-12-Use-Cases-for-Business-and-Beyond_Chamber-of-Digital-Commerce.pdf
Current problems and challenges: https://hackernoon.com/oracles-help-smart-contracts-resolve-subjective-events-d81639d8291c?gi=a3697164290b
What is ChainLink?:
(a) https://imgur.com/a/szBYE1f
(b) https://www.youtube.com/watch?v=AfJiRsYpgyc&feature=youtu.be

To conclude:
Blockchains are essentially very secure databases.
Smart Contracts are lines of codes that automatically executes a function when given an input - just like biological cells or vending machines.
Chainlink is a form of digital infrastructure that secures data transmission.

Most uses cases outlined within “Smart Contracts: 12 Use Cases for Business and Beyond” cannot become a reality if there isn’t a way to verify legitimacy of information being fed into smart contracts.
POTENTIAL CONNECTIONS

Section 1
https://www.afr.com/technology/asx-blockchain-to-go-live-at-end-of-2020-20180427-h0zcgx
https://www.afr.com/markets/equity-markets/asx-says-its-blockchain-will-slice-super-costs-20180816-h14270
https://hub.digitalasset.com/press-release/goldman-sachs-and-ibm-join-13-investors-in-digital-asset-bringing-funding-round-to-more-than-60-million

IBM & Australian Government
https://www-03.ibm.com/press/au/en/pressrelease/54124.wss

Australian Banks & Blockchain
https://www.zdnet.com/article/australia-to-force-big-four-to-open-banking-data-by-july-2019/

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

Marine blockchain insurance platform
https://www.insureblocks.com/blockchain/ep-18-insurwave-the-complete-story-with-ey/
https://www.ey.com/gl/en/newsroom/news-releases/news-ey-worlds-first-blockchain-platform-for-marine-insurance-now-in-commercial-use

Artificial Intelligence, IoT, Blockchain and Smart Contracts
https://www.seal-software.com/blog/blockchain-why-we-need-intelligent-contracts-aka-smart-contracts-30
https://www.gartner.com/smarterwithgartner/anticipate-and-exploit-future-work-trends/
https://aragonresearch.com/artificial-intelligence-vs-blockchain-two-innovative-approaches-in-digital-transaction-management/
https://www.ecmconnection.com/doc/aragon-research-reveals-first-globe-for-enterprise-content-management-0001

Docusign, Salesforce, SWIFT, AI
https://www.docusign.com/sites/default/files/resource_event_files/DocuSign-Rise-of-Modern-Systems-of-Agreement-White-Paper.pdf

Additional readings:
https://www.artificiallawyer.com/2018/05/18/ambiguity-is-the-killer-of-smart-contracts-seal-software/
https://www.artificiallawyer.com/2017/08/04/linklaters-sets-out-support-for-smart-contracts-blockchain-tech/
https://azure.microsoft.com/en-au/blog/enterprise-smart-contracts-resolving-the-truth-for-blockchains/

Global Legal Blockchain Consortium
https://www.lawsitesblog.com/2017/08/consortium-formed-drive-blockchain-adoption-legal-industry.html

Artificial Intelligence and Law
https://www.artificiallawyer.com/2017/04/18/artificial-lawyers-spring-review-green-shoots/

>>10790530
you did okay but it's most probably gonna dump now
im comfy though cuz I bought pretty damn low

>I mean no (mainstream) "expert" has discussed it at all, but is that a good thing?

Of course its a good thing you retard. The people who got super rich by holding Bitcoin - do you think they did it because someone told them to? You can bet your sweet ass that when BTC was 9 cents or whatever nobody would advise you to invest in that weird shit. But they took a risk, and wow, did it pay off. Some of them probably took the risk blind, some of them were probably smart enough to see the potential - but even then it could fail. Investing is always risk and getting in before its mainstream.

If the news is talking about it, you missed your chance.

>>10790727

yeah, this would be the stage that a "wise investor" would jump in. however, that's assuming that it gets anywhere at all. while the news covers investment opportunities only when it's too late, it also doesn't cover altcoins that end up fruitless. it's a gamble no matter what.

>>10790575
Considering the autistic neets got a person elected to the presidency...

>>10790530
BUY MORE LINKS DECLAN YOU FAGGOT. DONT STOP AT $100

>>10790530
>decides to invest $100
>actually spends effort and energy asking something thats been asked hundreds of times before on here.
>HAI GUISE IS LINK A SCAM? IS IT A MEME?
kys.

>>10790670
Yeah if you get a 10% gain off link you should definitely sell. Put that $10 profit into a hedge fund and bam. Retired.

>>10790669
Not a fan of what youre doing here. Using my picture.

>>10791217


>>10791217
>>>10790530 (You) (OP)
>>decides to invest $100

there are no sudden market fluctuations, putting money that I stated I could afford into the market for short term gains is safe.

>>actually spends effort and energy asking something thats been asked hundreds of times before on here.

sorry that I don't live on this board 24/7 but the catalog didn't have it so go figure. and normally I don't ask biz spergs for advice but might as well be comprehensive.

>>10791453
>but the catalog didn't have it
We all know that's not true

>>10791532
i wasn't gonna put this in a thread of link fanboys or clear larpers; no objective, constructive thread existed.

>>10791560
And still, none exist. Congrats on this, seriously.

>>10790683
Maniac!

>>10791262
tf you talkin bout

>>10792201
Dude so are YOU!

>>10790530
You need to invest $3300 if you can. 10k link is solid enough to really make it.

100$ is useless
come on, take a 5000$ loan, dont be a pussy