/biz/ - Business & Finance

>>11038659
Fucking this. 100€ fucking EOY

Does it matter? crypto is heading back to 50 bil overall marketcap. Just buy back in in 18 months.

>>11038659
Wew good times ahead

>>11038673
Yup, but 50% of that 50 billion will be in chainlink :^)

15,000 eoy

>>11038673
>OD niño, EZ
What did your ID mean by this? Also each LINK token will be worth 50 bil in 18 months.

fuck off delphi you bunch of girls

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>11038659
Well well well

>>11038669
>€
The world doesn't run on your third-world fiat

>https://media.consensys.net/bridging-the-fiat-crypto-divide-431eee00d5bf

literal fucking quote:
>Chainlink Oracle Integration is a Game Changer

Hahaha were going to be soo rich.

YOU HAD YOUR CHANCE

>>11038817
Not just a quote, a title.

>>11038761
pls no bully

>>11038844

>>11038845
Pls rate me

>>11038817
>>11038844

>>11038844
>>11038817

>>11038910
>game changer

G A M E C H A N G E R
A 1
M 0
E 0
C 0
H E
A O
N Y
G
E
R

>>11038659
>ctrl + f "chainlink"
>15 matches

We will change the game.

OpenLaw? More like... Hope and Jaw... jaw on the floor because you put your hope in a literal who partnership and get to watch your portfolio burn hahahahahahahahahahahahaha

>>11039001
PAJEETS ARE HERE

>but but but consensys has nothing to do with chainlink

>>11039001
you dumb motherfucker......Openlaw = ConsenSys but you'll probably say "literal who" to that as well

>>11038854
Lel filename

>>11039045
so when Lubin says 'link' to Bloomberg normies he actually means chainlink?

>>11039001
>>11039001
Portfolio burn? More like... scenario turn... turn because you're going to be turning the pages of the scenario of your life so fast because it's going to be so exciting to read because you're going to be rich.

Take that.

>>11038720
this goy gets it

>>11039087
kek

>>11039001
Joseph Lubin on Stage at Disrupt SF wearing literally who's Shirt, yeah what a funny joke

This is huge
>checks 1D chart
>-0.5%
Crypto is really over isn't it

https://www.youtube.com/watch?v=6ipVDo2wYoo

6:37

"you LINK it in"

Can't wait to start staking

Everyone should have at least 500-1000 LINK as suicide insurance by this point.

>>11039289
lel

twinkle twinkie stinky linkie
sergey good day big mac payback
sir gay, workday stay away
payday pathway come my way

10 000 linkies obtained today
sooo happy with my linky

>>11039314
prefer my 1m link affluence insurance

>>11038807
kek

>>11039289

>>11039289
I love you /biz/

>>11039001
>Stinky Linky dumpety doo
>I've got another puzzle for you
>Stinky Linky dumpety dee
>If you are wise you'll listen to me

>Who do you blame when your coin takes a hit
>And the market stinks worse than Pajeet shit?
>Blaming yourself is a lie and a shame
>You know exactly who's to blame

>Some random anon on /biz/

>Stinky Linky dumpety da
>FOMO in now and you will go far
>You can drive in lambos too
>Like the Stinky Linkies dumpety do

>>11039289
Fucking saved.

>>11038969

>>11038659
>>11039038
>The views expressed by the author above do not necessarily represent the views of Consensys AG.
there's a stinky at openlaw.
Currently chainlink has only fully trusted nodes and it's doubtful it's ever going to change.
No linky has ever explained what makes tokens valuable. They made a nice api but it's open source.

>>11039249
BOOMER VITALIK IS FINNA BOUTA MAKE US RICH BOYS

>>11040233
More decentralization is the argument. Is it necessary is another question.

>>11040262
>More decentralization is the argument
I asked what makes tokens valuable. It looks like the tokens are completely useless and there's no logical place to put them it. How is that an answer?
The problems with working 'decentralized' solution are separate. I looked at what link actually does and the current path leads to a marketplace of centralized nodes that follow the link protocol, rather than a decentralized network.

At best I can see REQ-style token burning per each request... with the exact same problem, ie. burn rate enough for thousand of years.

>>11040318
Only somebody who has read the whitepaper and liked what they saw would know to make this kind of brainlet fud.

>>11040233

>entity: "i want data for my smart contract"

>nodes: "ok, pay us"

that's it. tokens for services rendered. as network adoption increases the value of a token will have to increase to meet the present demand, and the fewer nodes there are the more they can charge for their services. this is not that hard.

>>11040318
I know where you can put your FUD.

>>11039289
fuckk forgot to add the cube

>>11040385
no argument
>>11040387
the value of link as a forced temporary medium of exchange token is ~zero, because it's bought and them immediately dumped.

>>11040318
I think Chainlink is a good project with a lot of potential, so I don't necessarily agree with your post, but specifically, I want to talk about "decentralization." It's a bit of a buzzword on here. Retards around here just throw around that word as if it instantly means something is going to moon, or that the attribute of centralization means that a project will die (Ripple.) I just find that ridiculous. Basically everything you love and enjoy is centralized to some extent.

>>11040404
That is a work of beauty.
+1 internets

>>11040404
I think it's better without

>>11040318
The token incentivizes the nodes that aren't otherwise trusted. Penalty payments for not doing the job and payments for doing the job. Instructions for doing the job can also be written and passed on in the token. For the instructions function the token needs not to be valuable, but for the payment part it has to have value. The value of the token is relative to the value of the transactions made in the network

multitudes of ico erc20's panic dump and that $ funnels into link. this is how $100 eoy happens. this is the prophecy, as it was told by that nigger morgan freeman.

>>11039289
TOP FUCKIN KEK

>>11040404
Checked.

More like holding ChainLink.

>>11040447
>Penalty payments for not doing the job and payments for doing the job.
except the team confirmed link is not needed for nodes.
If I was running a node I would certainly prefer to be paid in ether, or even USDT or GUSD, not link with its illiquid market. It's very hard to prevent that - and according to the screenshot, they're not even going to try.
Remember than penalties and all that are smart contracts. It's trivial to make a slightly changed contract that doesn't use link

>>11040404
unironically the only chainlink meme I saved

>>11040406
The answer to your question is in the white paper.

>>11040406

no tokens = no use of network

the network is the value of link

>>11040444
>>11040455
>>11040499
>>11040511
Holy kek check'd

>>11040504
Yes it is not needed, but if your contract is of value you might want to have the nodes involved incentivized. Most of the people using the network will probably prefer their native currencies, or their cryptocurrency of choice, and this will be a possibility. But I think it's most efficient to use a single native currency inside the network, that is the link token

>>11040318
>hurrr what gib value?
Same thing that gives everything value: supply and demand.

The token is unique and intrinsic to the network, and thus reflects the merits of the network. It functionally allows for things like penalty payments and contract staking, plus some more technicalities that are explained in the white paper.

>hurrr only thing that gib value is burn
Burning tokens is a completely artificial way to reduce supply, and thus borderline - if not outright - scammy.

>>11040504
>except the team confirmed link is not needed for nodes.
You don't need insurance to physically drive a car either.

>>11040607
Set up a node, have it make payments straight into your bank account (by an app that utilizes bank apis using chainlink), have link staked in a node and set your limits for the contracts you accept and let the smartcontract users send programmed link tokens for you nodes and it does it's job without you doing anything

Own 100k link got to 32 ETH with recent price drop hope we make it.

>>11039289
Unbelievable.

if u don't have at least 10k, your chode will be thin and cumless.

>>11040528
the whitepaper is obsolete, link isn't going to be required for nodes.

fuck. it wasn't supposed to be this soon. I guess it's consensys employees that got linkpilled who have pumped link to 120m and kept it from being as devastated during bear market, then.

>>11038659
LINK $20k by 2020 cap this

>>11040934
>linknotrequiredfornodes.bmp
Have you been reading the archives from december or something?

>>11041506
no I saved it when it was first posted, why?

>>11038845
I feel so comfy investing with autists like this.