/biz/ - Business & Finance

This is why you brainlets need to STOP FUDDING LINK, especially on Rebbit. We need developers' eyes on this just like EEA.

>>10952412
>I thought we were going to make it :(

Link had always been a scam, smart people pretended to be retards to make fun of link, actual retards bought in, thinking they were in good company

>>10952412
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO! MY LIFE SAVINGS!

>>10952429
I thought Sergey had a BigM- I mean ace up his sleeve :(

>>10952412
Please clap.
We're fucked.

>If your oracle goes down, your contract seizes to function.
How can anyone take him seriously?

Every night I get depressed that I didn't buy into linkpool. If I had just held HYDRO to the pump I would have had the 16ETH I was going to put in, which would have put me in the top 1% of linkpool contributors. Then I could have just staked my 140k link and gone and lived my life. It kills me.

>>10952412
Did you really think it would be that simple to solve the oracle problem?

>>10952412
thanks just sold all my stack im tired of feeding sergeys big mac addiction

>>10952522
That would have given you about 17 grand from every million they make. I wish I had bought in too.

>>10952412
>an incomplete project is doing a great job at what it plans to do but isnt finished yet
SEEEEELLL FUCK

>>10952412
Johnny is just a bit depressed that the nodes weren't that difficult to set up XD. Just set up one myself. Man what am I feeling fucking comfy right now.

>>10952587
You are aware the guy who wrote this plans to run 10% of all ChainLink nodes right?

>>10952527
In fact is cannot be solved. The BTC devs aren't stupid, they would have solved it if it was possible.
Do you guys even know what sybil attacks are? Watch this from 1:24:18 https://www.youtube.com/watch?v=N8XItl65QBM&t=1h24m18s

>>10952604
how much are u staking?
Also this means that mainnet is coming this month right?

>>10952604
Nice thumbnail faggot.

>>10952412
I bet they're going to release a centralized node at first to get the product up and running while nodes are being set up and coming online. Not doing it this way would be impossible.

>>10952618
Oh someone invested a bit too much in LINKPool XD.

>>10952607
Some of you niggers are downright retarded.
He says "initial" version won't COMPLETELY solve the oracle problem. You realise that development doesn't stop once mainnet is live, right? They're so far ahead that ChainLink is going to be the leading oracle provider, and only get better with time.

>>10952626
good speculation.

>>10952637
This, it seems some people have trouble reading.

>>10952616
>unironically linking a richard heart video
Holy shit anon please get checked for brain injury.
This is the same video where he admits he has never heard of the project, and yet pronounces it a failure anyway, correct?

>>10952637
These people wouldn't understand. They think development stops as soon as a product is released. BAKA.

>>10952637
Nah man. They got one week before speculation town BTFOs them and bigs it's way to the next promising Oracle project.

>>10952637
>>10952661
>>10952667
True, but the $1000 EOY prophecy won't be realized.

>>10952575
Wouldnt it be 17 grand if they made a million / month for a year?

>>10952630
I was coming down hard from a nine day drug binge and missed the deadline to contribute to the crowdsale. I'm still less retarded than people who save thumbnails.

>>10952695
>>10952669
>y-you need a 100% fully functional product before you can moon!
There is no such thing in the entire crypto space you absolute trenchbrains, and yet tons of cryptos have mooned.

>>10952695

>>10952706
I have no idea. Its a retarded graph and I assume most of the numbers are pulled out of thin air.

>>10952729
Watch that attitude, fucko

I put in 1 ETH.

Topkek only 183 other Chads in the LinkPool club.

Have 70,000 stinkies too.

>>10952748
1080 is on 1M / month LP rev

1,000,000 (monthly LP rev)
750,000 to Stakers
250,000 Makers Fee
Makers Fees break down as
187,500 to LinkPool
62,500 to Contributors
Contributors break down as
1/701.2=.001426 where 1 is contribution amount
.001426*62,500
$89.13 * 12mo = 1069.60

>>10952849
LINKPOOL meetup when?

I bet you guys are all gonna be massive cunts. Scarastic shut-in nouveau rich assholes.

hey man are you for serious? maybe you could help me out fren
the command line has been doing this for the past ten minutes
>Imported new state entries count=384 elapsed=1.172ms processed=400819 pending=7914 retry=0 duplicate=0 unexpected=0
INFO [09-04|22:21:04.566] Imported new block receipts count=190 elapsed=7.464ms number=210624 hash=700287…e05ac6 size=184.38kB ignored=0
INFO [09-04|22:21:04.597] Imported new block headers count=192 elapsed=25.076ms number=211008 hash=84c543…cf2e2f ignored=0

what am i supposed to do? thodgyboy didnt say anything about this.

>>10952961
Just let it download. It will be done in an hour or so.

>>10952604
>>10952961
replying to this post

>>10952429
This is true. Open source projects that are foundational like LINK need a community of developers to harness its potential. We need to stop the FUD

>>10952978
nice, thank you! is it really that simple? just paste in the commands?

>>10952956

Nah Jonny and Matt seem like good lads, just checked on LinkedIn and I'm 2nd degree connections with them. Thought why not throw some lads trying to make it some ETH rather than them going through the whole accelerator programme / fintech cuckscene that exists in the UK and have to give half their equity away to some VC pricks.

>>10952997
Yep literally did only that. Don't forget to make it a single line of code though.

>>10952412
the problem is that the team is pandering to centralized corporations and allow to choose oracles and so on... the oracle problem can only be solved if the requester cannot choose the node and when nodes are connected ignorantly and randomly to apis.

>>10953019
nice, thanks for pointing that out. there were greentext markers in between the command lines. so its been doing something wrong the whole time, hasnt it? do i just restart the terminal and repeat the process with the proper instructions?

>>10952961
You have to download the entire Ethereum blockchain to sync with it. I've had it open for several hours and it's only 2/3s done

>>10953018
Oh no doubt buddy. It just blows my mind to think how big Chainlink and Linkpool could end up being and there are only 183 of us.

What's gonna happen in the next year?

>>10953099
sorry for asking this newfaggy questions but isnt the ethereum blockchain like +1TB?

>>10953184
Oh believe me, I'm a newfag to crypto too. I just did some Google searches to find out what the fuck I'm running and what's happening. For all I know Thomas sent us all a virus.

>>10953225
All I know is that I'm on block 4319609 of 6272893

>>10953225
kek. godspeed marine!
i gotta sleep unfortunately and will shut this thing down for the night. gotta learn more about this

>>10952432
redditors are falling for it
https://reddit.com/r/CryptoCurrency/comments/9cz376/analysis_of_chainlink_the_decentralised_oracle/

>>10952575
>>10952522
>>10952748
>>10952706

Depending on the amount of ETH you contributed.

6.25% = total crowdsale
701.2 = Total ETH contributed (the unsold portion will be shared among contributors)


then 6.25 / 701.2 * amount of ETH contributed = percentage you own

percentage you own / 100 * revenue you expect = Your actual revenue.

If you donated 1 ETH and LP would earn a million you would have the following.

6.25/701.2 * 1 / 100 * 1,000,000 = $89.1 monthly, yearly or whatever and you would own a 0.008% of LP shares.

Multiply that for 16 = $1,425 for every million of income and 0.128% of LP shares.

>>10952429
I’m actually agreeing to stop fud but also don’t shill for no reason let the organic flow rise and the shit fall.

> If the oracle provides bad data, it looses those tokens
>it looses
>looses
why in the FUCK can't anyone involved with this project spell correctly!!!

Contributed 10eth, now trying to figure out how to setup smart contract to divide the dividend amongst my 4 children and release when they r 18. Am I smart anon?