/biz/ - Business & Finance

>>11463236
more like main net in 2020 pal.

Maybe a simplified mainnet by then but full mainnet impossible

>>11463236
why do you guys desperately want a mainnet? a mainnet without clients is the end of a project most of the time. this mainnet fetishization is weird as fuck.

mainnet release was the reason i sold funfair and req way before they did it release it, cause i knew they had 0 real clients. no business whatsoever thrives without clients. i'm optimistic about link cause i remember rory words saying they only have 1 shot at this, which is the only truth that matters.
what people should be waiting is for clients to announce they will be using the network. not the framework itself, which is irrelevant without big players using it.

>>11463267
you know more shitting on streets than the code review process.

>>11463260
>>11463267
>>11463294
This. There were 8 guys on 4chan that tried to force it as /ourcoin/ during the presale ico phase of chainlink but there was a minimum requirement of 300eth to enter the presale. They convinced a bunch of anons to pool up together and shared presale links to fill them with their eth. They continued to get Link 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 12 people next to the public toilets that were out of order due to a sewage backup and it was blocked off with yellow tape and cones, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of 4chan bagholder anons. The coin is manipulated & the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ and Dash) and these people have so much room to dump on all of you faggots to still be in profit when the time comes-- it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself. Even Vitalik told everyone he does not understand why this would be worth 32 million and he created Ethereum and therefore knows more than anyone when it comes to smart contracts. literally making links whole concept pointless and definitely no need for a token. they have only 2 developers and a scam business pitchman from South Carolina 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. He even is rumored to be a “stress eater” that got kicked out of McDonalds in 2017 after a meeting with Swift where it was rumored they lost the “partnership” they advertise still on their website --- just what I heard from an insider, believe what you want.

>>11463236

>>11463294
unironically based/redpilled

>>11463294
the clients have 0 reason to announce anything

I'm bullish on link and I think they will have customers right off the bat, otherwise I don't know what Sergey, Dan and Mark have been doing if they haven't scored any meaningful partnerships.
I'm selling at some point next year, that's for sure. If somehow this thing doesn't have any demand fuck it, I'll dump my bagds and move on

what a joke

>>11463236
stay poor nolinkers

>>11463294
Some people here actually plan on running nodes, so mainnet launch means getting to use a more sophisticated version of the software/network than the test net. That's why people should be hype about it.

Anyone saying links mainnet will be like all other mainnets is going to get so justed i cant wait lmao

reminder that anyone who says "main net" and not "the main net" is a pajeet with a poor grasp on English.

>>11463471
that depends of the clients. we've seen chainlink is kind of an hype coin, so in the crypto space its meaningful to present the idea of being a client of link. if its a big company, showing they are about to enter the blockchain/dlt space can be quite big for investors. finally, there's always pressure within companies for teams to present results. you can bet there's always middle-managers wanting to show they are actually doing something, and positioning their companies in the dlt space is undeniable a kind of showing-off (a positive one).
i also agree with you that I hope that's what Sergey has been doing all year. getting people to know what link is, and how can the companies take value from using it. cause if it ain't it, then i have no idea what the fuck he has been doing.

>>11463670
a node will need to have calls to actually mean something. both requesters and data deliverers. without any, you can have as many nodes as you want, and its a bit worthless.

>>11463294
There are clients waiting you idiot. You fucking dumb autistic retard how the fuck do you tie your shoes in the morning God fucking dammit

>>11463713
This. Hardly anyone talks about how the Ruby network albeit centralized has been running for years with existing large clients. These clients will be moved onto the Chainlink main net at launch presumably.

>>11463294
Sick of you fucks being impatient and fudding because you're bored and your autistic self can't wait a few more months. How fucking hard is it???

>>11463236
>Main net launches
>weirdos start launching nodes and looking for jobs
>I post a job
>Wow it's a contract moving $80MM of ETH
>Collateral required for each of the 10 nodes: $8MM LINK
>No problem, that's only 8k LINK these days (early January)
>Nodes query the API in the smartcontract
>Whoops I own the smartcontract AND the API
>API programed to give out correct answer of "1"
>API also programmed to give out false answer of "0" 4/10 times
>6 nodes submit 1, 4 nodes submit 0
>Contract closes ($80MM eth sent to my other wallet)
>6 nodes get a pittance of a fee
>4 nodes get their $8MM swept into my contract as penalty for trying to defraud me

The first week is gonna be a lot of fun before this whole thing collapses.

>>11463236
It won't be this year.

>chainlink main net is turned on, unannounced
>first use is announced on biz
>it is a top 5 bank
>el singularity
>the price explodes into the tens of dollars as you see the "early investors" buying up the order book
>continues to climb overnight
>the next day the marketing machine begins
>everything was true
>the price goes into the hundreds
>the thousands.
>el singularity

>>11463778
Link is shit

>>11463758
Chill bro. I hope there are several of them.

>>11463791
I almost got those trips tho

>>11463791
Link is the shit you mean

>>11463724
people treat "mainnet" as a standalone word, no one says "main network" in their heads. Take the stick outta your ass mr loicense

>>11463770

>>11463770
This is well thought out FUD.
Don't forget decentralizing API sources will be a thing too although outside of the scope of Chainlink. For that kind of money to move trustlessly you better believe API data will be decentralized. (PSD2)

>>11463770
>>11463773
>>11463842
retard

>>11463670
>>11463713
>>11463740
>>11463758
>>11463762
>>11463807
>>11463810
>>11463816
based and redpilled

>picrelated

>>11463770
>>11463842
it's basicly penalty-farming and to prevent that I don't think any serious company will use any nodes other than the ones they trust.
That's where the dream of neets running nodes out of their basements "making comfy linkies" dies.
It's gonna be an oracle market place with 24/7 serice/uptime.
I think only operations on large scale like linkpool and bigger will survive. You don't need absolute decentralization for everything. A few nodes of a few trusted/recognized node operators will be probably more bulletproof than hundreds of neet nodes with suspiscious intentions/reliabilities. That's why I'll probably sell everything if we enter a speculative mania in the beginning, because the tokens let alone collateral may not have too much usage.

also this, we made it

>>11463770
>be a linkmarine with a node
>do a test call to the api to see what's it about
>just returns a number
>6/10 returns 1 and 4/10 returns 0
>nice try lmao

>>11463907
how am I a retard and based and red pilled?
Its fairly well thought out fud leagues beyond what is usually posted even if copy pasta.

>>11463932
you don't even have to controll the API itself to game the system, just choose majority of the nodes to be your own and make them feed different data than 49% of the remaining nodes, that's why I believe unless your node is named "microsoft big dicks" or "Swift Whales" and registered/verified with all the best reputation providers no one is gonna use your node. Or the collateral won't be used, something has to give.

>>11463960
it's been asked in the telegram before, basicly "reputation providers" was Thomas' answer as far as I remember. It's basicly a sybil attack but directed not towards the contract itself but against other nodes, so the solution will be one of those 2 options >>11463972

>>11463960
you can be right about something and wrong about another. just saying your sybil scenario has been proposed and considered over the past year and if you think this team doesn't have a solution then that's your conclusion.

even if we end up not being able to run neetnodes for whatever impossible reason since
>this network literally has to work for legacy finance to remain relevant
>it has to be as decentralized as possible
>this is literally swift's last ditch effort to onboard old money and it will work
They're saying to the world okay guys work on your api's, we'll build the standard network protocol), and we'll all make more/lose less money together.

>>11463260
>>11463267
>>11463294
>>11463307
>>11463740
>>11463770
>>11463773
>>11463791

>>11464145
it wasnt my scenario and I have no doubt in this team
i also think well be able to run profitable nodes

>>11464378
cheers
*ssssip*

>>11463267
NO SUCH THING AS SIMPLIFIED MAINNET YOU ALL ARE FUCKING RETARDS ITS BEEN STATED HUNDRED TIMES ARE YOU REALLY THIS FUCKING DUMB?

>>11463294
Finally someone with brain cells

>>11464521
Untrue. The team has stated that they will.co tinue to work on the project after mainnet is launched. In particular, different forms of answer-aggregation will come after the initial mainnet.

>>11463294
But there are already a bunch of clients/partners lined up to use Chainlink, like Accord, OpenLaw, ZeppelinOs.

Don't be stupid, anon.

>>11464521
This:
>>11464591
Idiot

>>11463294
You are right, you know.

However, many of us have invested more than they can afford to lose. If mainnet will be announced there will be a pump, which is the perfect opportunity to sell and later buy back at a lower price. The difference will be your bread and butter.

Also, it would seriously be nice to have passive income from stacking and running a node.

>>11463294
Thank fucking god. Someone that gets it. Every fucking zoomer on here that wants to dump for a measly 2-3x is waiting for mainnet. It's embarrassing honestly. They will be the same jokes that bought a couple Ethereum at the ICO and sold at $10. Nothing like making xx,xxx when x^9 is only an extra 3 years later. Stay poor biz.

>>11463770

What's a verifiable contract? Your fud is weak af but nice written

>>11465189
>i'm 12 and what is this
i had no idea it was a prophecy.

>>11463778
I agree that is what will happen. Don't know about the price action tho

>>11465189
Do you think link can reach triple digits in 2020?

>>11465425
If it's in use, absolutely.

>>11463997
I tend to agree that major player nodes will be most used atleast when they are selecting nodes for their own ecosystems. Like SWIFT banks will choose nodes they know our SWIFT Big dick nodes. Now there will be niches for open api nodes and some bigger nodes like link pool, but neet nodes won't compete so will likely join node pools. It is very similar to bitcoin where now you need to join a mining pool to make money.

This is why I see the price going high since though, since big nodes will be subsidized by the team and can win the market pout if the price is high. Basically make the barrier for entry very high.

>>11463236
Right on track for super stinky $1000 EOY

>>11463810
Yup. My phone's text predictor has even learned "mainnet"

>>11465518
Now that looks like a real prophecy

wasnt mainnet released in 2017?

the fuck has that shitty team been doing this whole time?

>>11463294

100% agreed. I used to say this in threads all the time but eventually just gave up.

>>11466410
the whole point of wishing for mainnet is knowing that there will be clients using it when it comes.

>>11466461
this, whether there are clients and there is demand which means we made it or there is no fucking demand and we either dump the bags or stay deluded/whatever.
I didn't buy chainlink to milk some pathetic 3-4x from here with stupid mainnet anticipation. I bought it to either become rich or it can go to 0, couldn't give less of a fuck

>>11466558
either, not whether*

>>11463236
No there won't be, sweetie.

>>11463294
>>11466410
They know this. The "wen mainnet" crowd are nervous bagholders who feel they've been tricked and they're desperate for "one last pump" so they can get the hell out from under their incredible heavy bags and never look back.
>any update on mainnet progress, rory?
can in all cases be translated to
>WEN PUMP? WE BULLRUN?

>>11466992
>sweetie

>>11463740

I want mainnet to come out with staking while LINK's price is still cheap.

When you're staking you get paid your USD payment in LINK tokens. Which means earning thousands more LINK per day than if LINK was already like $1000.

I'm in no rush for LINK to reach $1000. I know it will.

i love link, it's beyond the point of being emotional, it's spiritual.

if it dies, i die with it.

>>11467343
same. if link dies, i die too.

>>11467343
>>11467758
I will hold till the end
Marines don't abandon their ship

>>11463437
not a single response to this post (except mine) and yet it's the most important factor regarding LINK's success. You people are literally idiots.

>>11468153
you missed the "mainnet live on nov 30" thread some pajeet created minutes after your post. unless that was also you?

>>11463236
Yep

11/30/2020

U are smart good job.

>>11463236
if link were to hit $20 right now i'd be a millionaire at 20 as a first year welding apprentice LMAO

>>11469550
Even if its in 2019 or 2020 you are killing it.

Strap in bud

>>11465425
Double digits would be a lot for 2020. Smart contracts will just be starting to be used in actual transactions by then. It's possible but highly doubtful.

>>11466558
There won't be that many clients if Chainlink launches this year. We really don't want mainnet yet. There aren't enough projects that are ready to use it. Banks will be dragging their feet as long as possible to giving up their API data like they will have to soon enough but it's not time yet.

>>11470767
Even to date, nobody ever used Bitcoin for anything but speculation, or ETH for anything but shitting out shitcoins.
And yet they shot straight for the stratosphere many times over.

Mooning prices aren't about full-on mainstream adoption. They're about legit hype, promise.

>>11470791
>There won't be that many clients if Chainlink launches this year.
Fuck are you talking about, there are plenty.
From big fish like Accord to small fry like Req and everything in between.

>We really don't want mainnet yet.
Cringe