/biz/ - Business & Finance

Fuck 1btc become a link bro, bro

LINK

>>12076959
split it between link and eth. btc is kill

>>12076959
LINK sentiment doesn't change dramatically, you retard. It's just brainlets having their strings pulled.

>>12076959
If you are serious, you will fail in life no matter what you do.

>>12076959
The sentiment doesn't change, you just see shitposting vs serious discussion, also those discord faggots

>>12076973
Im fairly fucking certain BTC will become 500k+ in my lifetime. Will ~16k link be enough to make it?

>>12076989
The misspellings on their website has me worried anon

Yeah I dunno. If the project is honest, it could be very big in the next few years. However, the market is continuing to shrink and correct, and has not stopped - or shown any indication of stopping that trend.

I think LINK might be a good gamble, but the market itself will devour any gains in the next few months.

chainlink is irrelevance, and only is discussed in this one tiny board . in the crypto space you will never hear any conversations about this sorry

>>12076959
BTC is not hodle worthy just yet.
>mfw “1000 eoy” was actually a reference to price of BTC.

Buy LINK

BITCOIN HAS NO FUCKING USE
Seriously? what the FUCK is wrong with you fucking bitcoin loyalists?????
ITS BEEN OBSOLETE SINCE 2014
GET OVER IT
Just
>bitcoin this
>bitcoin that
THE COIN HAS AS MUCH USE AS DOGE COIN AT THIS POINT

The only reason why its up at all is because of first mover advantage. THIS. DOES. NOT. WORK. IN. A. MARKET.

Just because the magnavox odyssey was the first video game console, does not mean magnavox went on to dominate nintendo, sony, and microsoft
Just because Kodax invented the first digital camera, does not mean they went on to dominate Samsung, apple, etc
JUST BECAUSE BITCOIN WAS THE FIRST CRYPTO, DOES NOT MEAN IT WILL GO ON TO DOMINATE LINK

JUST
HOLY FUCKING SHIT
IM SICK OF YOU FUCKING BITCOIN LOYALISTS AUTISTS. YOURE THE REASON THE MARKET IS DYING. ITS ALL YOU.
I HOPE YOU FUCKERS DIE

>>12077065
someone needs to read pic related

>>12076959
OP dont listen to anyone but me, 99% of answer youre going to get is either fud or misleading. Chainlink is heavily fudded and memed because its one of the most promising projects in this space yet, its no ones but our fault for letting other people do the thinking for you, so shame on you for not dyor. I can already tell youre super new because youre comparing apples and oranges with that question. First, what is your end goal? Im assuming you wanna make some good money off your investment. The thing is btc has already exploded. Lets say you get that 1 bitcoin and bitcoin reaches 50,000 in 3 years. Well you just made 47,000. Not bad thats good i guess but its no where close to rich. Chainlink on the other hand is extrmely undervalued. Lets say you get a stack of 10,000 linkies with your 3grand. Lets say the same 3 years goes by and chainlink reaches just 10 dollars. This comes out to $100,000. Double of your btc investment. YOUR RETURN ON INVESTMENT WILL BE HIGHER BUYING LINK THEN BUYING ONE BITCOIN DUMBASS
Please Op start thinking for yourself and stop relying on random people on the internet to explain things for you fucking retard

>>12077130
What if BTC goes to 10k and stabilizes, while chainlink reaches .01-.02 cents?

>>12077002
16k link will turn into 30+ btc way before 1btc becomes $500k

>>12077130
I'm a november 2017 newfag, but I've been following this board consistently since then. I've held LINK before in the past, and looked into it alot. I just wanted to see what the sentiment was like for link versus bitcoin. You've redpilled me enough for me to send my bitcoin to binance. I'll more than likely buy.

>>12077178
for what reason would it do that? What kind of market sentiment would cause that to happen? Stop making shit up and start doing research as to why the whole blockchain sphere needs chainlink to operate in relation to the real world. Ill start ya off, find out how Eth's smart contracts are going to use real world values to get triggered, ill give ya a clue its a meme on biz. Theres three techs. One is bitcoin, the OG blockchain tech. eth is the next step with smart contracts, self executing agreements. So how do we make those to techs "talk" to the real world? Like how would we trigger a smart contract to execute on the blockchain using a value outside the blockchain?

>>12076959
it's a scam

>>12076973
yes, ultimately 0 = 0

>>12077263
You could pay some neet to press a button to execute the contract, so he can do that instead of dancing at Texas Roadhouse.

>>12077246
Lmk if you got anymore questions, good time to start entering, dont be suprised to see link in the teens if btc keeps shitting the bed.

were full go buy nano u fuck

>>12077277
Yeah because a company would love to be paying someone instead of using contracts that are fractionas of the cost it is to hire a person, good thinking dude we should have you as president.

>>12077065

Anon, I suggest you leave this board. You will only find desperate HODLers deluding themselves into believing bitcoin will go up. Nobody wants to face the fact that they invested in a market they barely understand and will ultimately lose money.

Anyone with sense figured out bitcoin years ago and moved on from that dinosaur coin. Once the blocksize was pinned at 1 mb the smart ones moved on

>>12077065
Once you taken out the flaming, this is the truth.

Bitcoin is the first and the oldest, sure. But it isn't an ico platform, it isn't an agreement to loan out collateralized debt, it isn't a portion of a webcam show revenues. Bitcoin doesn't actually do anything.

If you think of Bitcoin as software instead of a commodity (even though it's both), you realize there are a ton of alternatives with far more features and functionality.

If you view it as a commodity, its value comes from it's perceived value. No, this is not like gold/silver/uranium because those have unique atomic structures that no other element has, in additional to industrial use. Bitcoin's use case is transferring value .. which every crypto does. Take away the hashrate and the value becomes more susceptible to fluctuation or outright attacks. Then it is literally good for nothing.

>>12077065
chainlink will make bitcoin work, don't worry.

>>12077289
Last time I followed LINK news and info was when I held for last SXSW where nobody had a fucking stream. Went to youtube Chainlink and fuck Sergey has gotten so fat since I last seen him.. anyway, is there any good youtube vids or warosu threads for Chainlink you would recommend?

Don't spend too much on this, OP. Artificial inteligence will make Chainlink obsolete sooner than you think.

>>12077318
This is actual based advice.

Worried for the people advocating entering the market right now - it's clearly crashing downward. If you want to 'invest' in a LINK gamble, wait a few days/weeks. See what happens. You'll be a lot happier getting in at .10/LINK than .22

>>12077351
I CAN SMELL YOUR CUNT

>>12077308
Yeah I was fucking with you ya frickin mong

>>12077377
My B

>>12077360
I already told him to not be suprised if link reaches the teens, put on your glasses faggot

>>12077409
>put on your glasses
I left them in the car and its cold outside

>>12076959
Sentiment changes depending on whatever directive is being pushed on discords that week, but the autistic rock-solid research behind the project doesn't change. There is no other token in the space right now with so much potential upside. Literally has the potential to be the HTTPS of blockchain. Industry standard protocol servicing trillions of dollars worth of digital agreements and transfers of value.

Of course it could implode and cede the throne to an unlikely successor, but that's true of any project no matter how promising. The risk is no greater than any other crypto project, but the potential rewards blow every other project away.

>>12077422
yeah i understand its cold here too

>>12076959

Its been said many times but you keep missing it then.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day LINK tokens power the network.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

- It is a self feeding machine. this means the higher the LINK token price the more smartcontracts the network can handle.
-The higher the LINK token price the more stable the network.
-The bigger the smartcontract economy the higher the LINK price goes. on and on and on.

Basically if you believe that smartcontracts/automated contract are the future and believe experts predictions that in a couple of years that the smartcontract economy will be north of 10 trillion dollars then Chainlink will be worth a minimum af $1000 easy.

>>12077657
How much LINK to make it? 50K?

>>12077668
50k is a good amount. You will be rich in less then a year

>>12077683
Isn't that way too optimistic? How do you know when the smart contracts really take off?

Also nobody, not even the most deluded linkholder would have iron hands all the way up to $1000 even if it was possible in some timeline

>>12077701
Tell that to the guy who sold his eth at $14 because he didn’t think it would get to $50 for years and years

>>12077683
holding more than 50k link myself. I agree with >>12077701 in that it very well could take more than a year after mainnet for there to be enough traffic and interest in smart contracts to really increase the value of the token, assuming everything else works out perfectly. Linktards act like this is such a sure thing, but really it isn't. A lot of things are up in the air still

>>12076959
Listen, I am really worried about the financial happiness of anon. Not only do you work 9-5 in the rest of your life, it is difficult to progress in your life. If you start saving early, you can live earlier. Chainlink is Mimi launched by 4chan (infamous bait board) to guide people to financial devastation. This is not a joke. Please do not keep you accumulated wealth overnight. The final x 100 or x 1000 days are over and those who did the second most famous encryption said that the time passed. Now, 4chan will try to make people lose more money in December / January after bloodbath. Smart money has already left the world of encryption. Cryptography is basically a highly specialized database, but companies do not need this. They just create their own block chains. You do not need to bind the encryption string until you need to run the node. Consider XRP when considering string links. Company ripple (smart contract) works well, but XRP (chain link) is not necessary for corporate technology. Taking into account what Vitalek said, "Days passed by doing x100 or x1000 returns" Chainlink needs to raise the price of 399900% to $ 1000 in the coming months, but this is ridiculous It is. Do not be fooled, it is Mimi who commits you. The string link at the current price is $ 1, and up to EOY it needs a 700% increase or 233% increase every month. This is 4chan M to move money from weak hands already.

chainlink is literally just late adopter cope. they managed to miss out on 10 years of bitcoin, and they were still too stupid to buy into ethereum when it was <$5. even late adopters got in to ethereum, it came out in 2015.

having to pin all of your hopes and dreams on one alt that is entirely unremarkable out of hundreds of others is just depressing.

>>12077718
>>12077711
My selling depends what causes the price to go up for Chainlink.

If Smart Contracts become a thing, gaining only more momentum year by year, and Chainlink having a huge advantage in the oracle stuff etc. Why would I sell? It would only increase in value, I would only keep my eyes open for potential threats to Chainlink and maybe some tech that could possibly replace it, but I would not sell, literal steel hands

But on the other hand, if we see crypto bullrun when there is literal panic fomo going on: I am getting out of this fucking ride before it crashes again. It could destroy chainlink for good and if blockchain based smart contracts aren't even thing by then, they probably never will.

>>12077759
That’s what people told me when I bought and held NEO at $7. Late adopter cope. Kys

>>12077718
link WILL be worth more than a 1000$ at this point 1000$ is just FUD sell you fkin cunt you dont deserve it

what happen to $1000 link EOY? pfftt hahahahHAHAHHAHHAAHAHAHHAHAHA
A FUCKING PHILOSOPHY MAJOR.

>>12077683
Imagine unironically thinking this.

>>12076959
>LINK sentiment on this board changes dramatically on a weekly basis
no it doesn't it either stays the same or goes even more positive
t. NEET browsing biz everyday

>>12077817
>sell you don't deserve it
Observe here the defense mechanism of the brainwashed linky. This is what they say every time when they are confronted with reality. My post isn't even fud, it is a pretty realistic scenario that adoption will in fact take a long time.

>>12077908
Doesn’t mean a speculative price explosion couldn’t happen far sooner.

>>12077933
checked and that is what i'm hoping for, in the meantime I'm not quitting my day job.

>>12077958
Want to test your marriage for weak spots?

>>12077018
Seriously?
I can’t fathom people actually caring about typos on a website when you’re talking about the technology that will power the 4th industrial revolution?
Even World changing, peer reviewed journal articles, written by experts in their field and checked by multiple editors and other world experts, STILL sometimes have typos.
It isn’t indicative of ANYTHING.
Being worried about this kind of thing is really indicative of a lack of critical thinking skills. Clearly you lack the ability to discard irrelevant minutae, and in fact, focus in on the one thing that matters least.
The only real concern at the moment is public vs private chains, not whether spelling mistakes occur, nor whether ETHA is a scam....

Times like this i realise what a genius I actually am.

Hey guys, poorfag here, how do i buy LINK?

>>12077968
kek

>>12077975
buy bitcoin, send it to binance, buy link.

>>12077970
>The only real concern at the moment is public vs private chains

What is there to be concerned? It is clear that most companies will first go for private chains. Public chains will be adopted much later later, this was exactly the case with Internet.

>>12076959
LINK

>>12077998
OK thanks anon. Does it need to be bitcoin? I saw a post on /pol/ which said to buy ethereum which brought me here. Gonna gamble on it. Does it matter?

>>12077814
When did you buy it at $7, last month?

>>12078042
u can buy it with ethereum aswell anon, does not matter, yeah im 95% link but thats a gamble, u could go 50% ''safe'' picks like btc and eth, and 50% link or something like that, good luck.

>>12078097
Yeah no im also going in all the way with LINK. I was just wondering if it matters which coin you buy it with. If it doesn't matter I'll go with either. Cheers

>>12078145

>He doesn’t even have a basic understanding of how cryptocurrencies work
>these are the retards we are going to make rich by shilling link to

You need to go back, polnigger

>>12076959
$1000 EOY ITS STILL HAPPENING!
0
0
0

E
O
Y

10 cents EOY

>>12078145
Yikes. This is bad.

>>12078190
I don't mind being made rich

Thank you

>>12078229
.7 EOY
E
O
Y

>>12078145
>I was just wondering if it matters which coin you buy it with.
Wtf?
Does it matter if you buy your starbucks with cash, credit card, notes, or coins? You'll still get the same coffee.
I suggest you get a rudimentary understanding of wtf you are doing before you fuk it up.

>>12078066
Back when it was still ANS

>>12078309
How will i fuck it up? Yes i have somewhere between 0 to nearlyzero understanding of cyrpto, but this just seems like fancy betting. If i buy whatever LINK i can afford now, and then lurk in biz and copy you guys. The worst that will happen is that I'll lose a few hundred, im not betting big.

>>12076959
>1 BTC thread turns into a 70+ response conversation
>3k USD soon to be 1k

the absolute state

>>12076959
Don’t bother. You need to Hold 6.28 BTC worth of link to make it.

>>12078365
This is the state of 60% of this board, probably far more.

So depress.

Don't waste your money.

Or better yet, don't waste your money yet.

Just watch the market and try to understand it before you literally throw your money away.

>>12078709
I will do as you say based bizsenpai.

Thank you for your words of wisdom.

-polnigger

>>12078797
both him and you are retards
he's a stuck up dunning kruger victim and you're a retarded /pol/ phoneposter

>>12078365
you dont even understand if there is a difference between buying LINK with BTC or ETH.
You will fuck it up and end up transferring your linkies to a BTC wallet or something and then neck yourself when hits $1000.

>>12078797
Fellow polfag here. You can always DCA (Dollar Cost Average). Buy some LINK at $0.20, $0.15, $0.10 etc. And on the way back up.

>>12078934
I've used coinbase before. Bought btc when it was too late. Other than i have not dabbled. I think i can carry out a simple series of transactions. Buy bitcoin. Transfer to Binance. Buy link.

I already bought a bongdollars worth and transferred to binance to make sure i didn't fuck up.

>>12079006
So I'll wait a while, see if it goes to .10 then buy. I need to keep this relatively simple for my simple brain.

>>12077263
>start doing research as to why the whole blockchain sphere needs chainlink to operate in relation to the real world
Newbie/proto-brainlet here. What exactly is so special about chain link when other companies seem to be investing in their own private blockchain technology instead? ie facebook, google, apple, etc. If facebook's blockchain tech hits they've already got a marketplace to absorb it into. Can you redpill me bro? I was just about to make one of these threads. I'm all for doing research but would appreciate the resources to learn about it.

And doesn't chain link use Eth instead of bitcoin? Why am I seeing graphs where the price of bitcoin is correlating with the price of link?

>>12077701
You are deluded to think there aren't anons autistic enough to Hodl until $1000 just to say I hodled until 1000 Eoy and post timestamps.
I bought 50k in etherdelta pre Sibos. The same 50k stood in the wallet from 10k sats to 1k to 9k again and now 6k.
I will hodl link probably until 0 or 1000. Of it works $1000 is just a matter of time, if not it goes to 0. Will hold either way and maybe cash out 25% of my stack at a set price, stake other 25% and let the rest ride. I know I'm not the only one

>>12079144
A coin or token doesn't have to be an asset on the same blockchain as the thing you are swapping it with. Trading pairs are entirely up to the exchange

>>12079144
>What exactly is so special about chain link when other companies seem to be investing in their own private blockchain technology instead?
That's exactly what is so special about Chainlink. It's a general tool that connects blockchains to non-blockchain data in a unique way that makes it "trustless". I can't be fucked laying it all out again, but "trustless"ness is a big deal and something you need to get your head around.
So one of the great strengths of Chainlink is that, even if all those big companies release their own blockchain projects and blow out all the existing coins and tokens, Chainlink is still a necessary tool. As long as there are blockchains in use, Chainlink is useful. That alone makes it an excellent hedge against whatever direction the market decides to go.
>And doesn't chain link use Eth instead of bitcoin? Why am I seeing graphs where the price of bitcoin is correlating with the price of link?
Chainlink uses the Ethereum network to pay people running nodes, but the reason you're seeing LINK/BTC graphs is because Bitcoin is the "reserve currency" of cryptos, that the value of other cryptos is measured against. It is still seen as the sort of basic barometer of general faith in blockchain tech and, for now, the value of everything moves with it.

>>12079223
>>12079235
Cool thanks. Any resources I could use? Text/Videos that some senpai made? I think bitcoin is going to continue to tumble, so there should be time to gather a bankroll and wrap my head around this.

>>12079179
>tfw people will unironically hold onto link and ride it into an absurd price

not because of lambos
not because of financial independency
not because of living their dream life

the anons will hold to prove to some smug trolls on an annoynmous basket weaving forum just to be able to timestamp a bunch of zoomers in 3 years

i wonder why the fuck i even browse this board in all honesty

>Chainlink is an oracle network, which is inherently blockchain agnostic.
At the minute, it's a token on the ethereum network
>Having its own blockchain would make zero sense
So therefore it has no native tokens.
>Which is good for investors
Not if they want to buy or sell, which is a significant component of investing
And it's bad for the users, which has been and continues to be my point that you're ignoring.
>The exchange rate of Link is entirely irrelevant, since the dollar value is all that will matter.
You're really that confused that you thought I was talking about the exchange rate? It's the cost to make an exchange, just like exchange fees, but it increases with lower liquidity. This is a cost to the user
>It absolutely does not.
Okay, you actually don't know what liquidity is. Google that, and then come back
>Like I said, you can transact 1 cent worth of Link even if Link is 1 billion or more per token.
You keep bringing this up, as if this is some sort of supporting argument. I know how blockchain transactions work. It's the exchange that's the pinch point, where liquidity comes into play.
>aeroplane tickets AGAIN
The crucial difference which has not yet penetrated your astoundingly thick skull is that a ticket is an allocation for a seat on a plane. It is in direct 1:1 correspondence with the product. LINK however is just a token that you must then use to buy the product, for an as yet undetermined price and terms. You are adding a market, not just a convienient way to prove to gate staff that you have paid.

>>12079179
You definitely are not.
Remember the fud about listing on a "litteral who" "chink scam" exchange?

>>12077130

If

>>12079006

Hahahahahaahahaha

>>12079611
>>12079583
Thanks for your contribution

Two words:

Chester. Bella. Nigga.

>>12077683
2 to 3 years more likely.

>>12079678
wait a minute, thats 3...

>>12079799
Mane, nigga ain a word nigga...it’s juss like, uhh...a nigga.

>>12079777
With these digits it confirms we are gonna be rich, unfortunately it also confirms it is going to take a year or two longer than most Link Marines on this site are willing to wait. Must have patience and not cave to Fud.

>>12076959
>>12076959
1 btc would be worth maybe 1 mil in 2021
1 btc worth of link gets you about 15k link, which would be worth maybe 15 million in 2021

>>12079870
Oh yea, definitely gonna make it based on that post number on 4Channel.org’s SFW Business and Finance sub thread!

>>12079925
You are literally dumber than the love child of a Somalian and a Pajeet Nigger.

>>12076959
it's a scam

>>12079927
I am going to make it because I read the white paper and invested based on the merit of the technology and also understand this process will take time to evolve. I got a few years to wait but am fairly confident my investment will have a large return, the trip 7's, just fucking around. Good day M8.

>>12080021
And what aspects of a white paper ensure in your mind that you’re going to get rich off of a post-bubble cryptocurrency?

>>12080000
you're a scam

Was it the part about green cheese?

>>12080104
your face is a scam, just like scamlink

>>12080106
Do you think 100k shares is enuff?

The white paper is A) a fucking white paper, and B) not that special. I don’t understand why Linkies always say “read the white paper.” It’s like Christians that base their lives on the Bible and are happy living in their trailer.

>>12080128
your mom got scammed last night
multiple times

>>12080129
I honestly don’t think ChainLink is going to be that valuable.

I know from a good source that Link will likely pull a verge sometime in the future (don't ask when), but that won't happen until some fags get shaken first, you've been warned

>>12079373
I have plans far greater than just having a life where I don't have to work and I only have so many tokens in my wallet. For others, if they can live off of just a portion of their shares, why cash out all at once when they know it can go higher?

>>12080169
the rise of crypto will usher in a new era marked by the revenge of the neets

>>12080081
Smartcontracts will happen, decentralized API info is required. Link provides that. Additionally, the entire reward system is genius. I pay attention to people like Ari Juels and Gavin Wood. I also pay attention to the top wallets who have increased, not decreased. If they start unloading bags I will have concern, but it isn't going to happen. Feeling comfy with my stack, then again my expectations were not get rich in a year.

>>12080136
This explains much, you aren't gonna make it.

>>12080204
Why is “decentralized” API info needed? APIs are inherently centralized and it is very easy to make oracles for ones you’d use heavily in an application. What am I missing...?

>>12080000
confirmed, based and absolutely redpilled

>>12080204
I think you’re a little over confident about smart contracts and way too confident about the need for decentralized oracles.

>>12080279
Interefering with individual IoT devices is more difficult than you're implying, and can be mitigated with decentralization (multiple IoT thermometers reporting the temperature for frost crop insurance, for instance).

So if they're not the security hole preventing your smart contract system from being trustless and secure end-to-end, then what is? The data provider.

Thus the need for a decentralized data provider.

>>12080370
I think you're an idiot that has considered the smart contract economy for approx. 5 minutes.

>>12080398
Ouch, that may require stitches.

>>12077018
Considering that Adelyn doesn't code, this should not worry you.

>>12080279
>What am I missing...?
A brain cell?

>>12080398
>multiple IoT thermometers
Yeah but won’t all these thermostats be in the same place which will basically be nullifiing the “decentralization” part? Or will you just be happy that 1 source can’t tamper with the data and it’s much harder even if 6 oracles are reporting from the same 1 source?

>>12080613
Steve Ellis does code and misspelled “assistant” teacher.
>teaching

>>12079373
damn fucking straight.
I already /madeit/
eternal summer, girls, no work, surfing on a beautiful island
but I'm holding a 40k stack bought at 50ct each just so I can btfo those suckers joining this board in 3-5 years
not even larping lads

>>12077814
>NEO
lol $6

>>12080668
Lol, the data "source" in this case is the weather. A couple court cases are determining whether or not people can be held liable for tampering with it, but not in the way that this use case is discussing.

Lets say for simplicity's sake that it is impossible to selectively tamper with the temperature on a 10 mile radius of farmland.

Lets say that you have 8 farms that own some chunk of land on that 10 mile radius. There are 8 IoT-enabled thermostats on those 8 farms, let's say built by 4 different companies.

In order to tamper with the frost insurance contract, you would have to be present on the night of the frost (tough to predict), find and physically manipulate all 8 thermostats (tough to do, breaking multiple laws and pissing off gun-owning farmers), and have the specialized knowledge to tamper with thermostats made by 4 different companies. Essentially impossible to do, which means those thermostats are going to send their data to the oracle in a secure way.

What happens next is that the farmers are happy because they were paid as per the conditions of the smartcontract: it hit a frost-level temperature, so the code executes. No litigation needed. Even the insurance company is happy: they're saving money because they don't have to drive someone out to say 'yep, it froze' and then drive back. Their losses due to fraud have also all but disappeared. Everybody wins and everything's great, because smart contracts are paradigm-shifting.

But wait. The data providers are decentralized and trustless, but what about the party that actually writes the data to the blockchain? The oracle?

If they are centralized, they are prone to downtime. If they go down the night of the frost, the farmers get screwed and have to sue and everybody's unhappy because there go the benefits. Additionally, a centralized oracle has the power to tamper with the data before writing it to the chain -- and might be so inclined, if the insurance company pays them off.

See?

>>12080779
>that rich
>only has a 40k stack

>>12080891
>Stick the end of the thermostat in ice
>Contract now thinks the crops froze
bah-dah bing bah-dah boom

>>12080930
> Farmer Gary's thermostat froze
> Farmer Jamal, Tyrone, Ken'yon, and Miguel's reported 38 degrees
The contract can be set up in such a way that it doesn't pay out because the company knows whitey is up to his usual tricks.

Here is the black pill, anon. Nobody needs chainlink. Nobody needs blockchain. It's a solution for a problem that doesn't exist, yet is desperately searched for. "Decentralized" oracles are a meme, you don't need a $300 million network to add some numbers and print the average value. Even a freshman CS student could do that. Did you ever wonder why does the pivotal move so fast? That's because there's nothing to solve, it isn't some miracle. People already know how to set up a system like that but they don't. Wonder why? Because NOBODY NEEDS IT. It doesn't improve anything. Sergey and co. are just another tech startup, nobody cares about them. There are no connections, no breadcrumbs, no SWIFT partnership (Hell, SWIFT even goes out of its way to emphasize THEY WON'T USE BLOCKCHAIN), there is NOTHING. The only way this charade hasn't collapsed yet is because they haven't released their little project yet. Just wait and see. When the main net is released, the catalog will be full of link memes, anons will be shouting frantically about the $1000 eoy memes, choosing lambos and all that stuff. But the excitement will start to dwindle down in the following days. There will be no activity on the network. The price will plummet HARD. Some of the most delusional ones will pick up even more of this useless shit, thinking they're getting a huge deal, not realizing they're eading themselves off a cliff. Then there will be threads popping up, asking "What did go wrong?", "I thought we were gonna get rich??".

Spoiler: You won't get rich. You're just one of the millions of people who got scammed by someone who is smarter than you. That's just how the world works. Don't take it personal.

>>12080960
you shut you're whore mouth

>>12080960
>thinks this fud lifted directly from Jason Parser's blog will dissuade a LINK MARINE from enlisting

>>12080960
1/10 fud at best.

>>12080960
All transformative technological innovations were first derided as solutions looking for a problem. Books, radio, phones, cars, computers, internet. All lambasted as overcomplicated whizbang scams destined for history's dustbin. Until one influential player adopted them and showed the utility/savings to be had in utilizing them. After which point, it became a bonanza for adoption. The same will happen to smart contracts and oracles as soon as the first major legal/fintech player discovers the cost savings that fully automated trustless digital agreements can provide them. Once they get that first leg up over the competition, everyone else in the space will scramble to follow suit.

>>12076959

Are you an idiot?

No joke?

4chan memes everything. FUCKING EVERYTHING.

Do you think they would talk about meme LINK for a year straight if it was dog shit? Honestly?

Read this article and actually try to absorb the words into your brain

https://blog.goodaudience.com/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab?gi=352471b3946f

>>12076959
he inherent value of LINK is immensely limited by its outdated payment system that operates on the Ethereum blockchain using the LINK ERC20 token. No reasonable person will want to participate in a network that does late payments and has large fees for its transactions. The cryptokitty game exposed the flaws of the Ethereum network. How can a project that seeks worldwide adoption possibly operate on a network that can't even handle people sending virtual cats to one another for fun? The answer is that it can't. No platform currently exists that can handle what LINK wants to do. It'll forever remain an experimental piece of technology until an infrastructure is developed for it. This may be years in the future, up to even a decade. Its like trying to invest in social media, before the world wide web was even born.

Also "muh LINK is blockchain agnostic" means that it can do CONTRACT payments in a different currency, but node operators will still be getting payed in ERC20 LINK tokens on the Ethereum network.

>>12076959
there is literally a thread open right now on this board with an anon that got out of prison and into crypto who has 15k LINK
he was a failed drug dealer and his new career is in the crypto market, trading
LINK is such a high IQ investment its a miracle there are even any investors in it
but it gets to a point where you simply have to understand this one fact: over 90% of the use cases for crypto rely on oracles providing offchain data to smart contracts - when you see that Chainlink is the final solution to this problem, the tendency is to typically go all in
even if you are stuck living on SSI

think about that for a minute

>>12081404
I kept increasing LINK as a percentage of my portfolio over the last year until I finally went all in two months ago. I started the year with fucking two dozen picks I thought were thoroughly vetted and could never lose, like NEO OMG REQ VEN ICX. One by one they proved to be vaporware scams that couldn't deliver on even the meagerest of their promises. Only LINK kept underpromising and overdelivering and by the close of Q3 honestly looked like the only project outside of BTC XMR and ETH that wasn't a complete bald-faced money grab turboscam. And I realized that maybe the reason all these other projects ended up being scams is because the various things they were trying to do - make a blockchain product that does something useful in the real world - was inherently hamstrung by the unavailability of secure oracles. For REQ this is basically a known fact as to why they couldn't deliver fiat/crypto payments on schedule.

So I said fuck it, none of these meme tokens can moon until LINK has mooned, so why the fuck bother keeping a 'diversified' folio. I'm all in LINK with 76k now, adding more each week with my paychecks, and even as we've nosedived from 60 cents to 20 cents I've never felt more secure in my investment in my life. Daily market fluctuations don't phase me anymore. I just look at the LINK ticker price once in the morning, see that it isn't $1000 yet, and happily bide my time for another day. Every day under $1 is another blessing that I can use to accumulate more LINK on the cheap.

>>12081554
this post made my day. many internets to you fren an stay stinky

>>12081554
Great post, feel the same.

>>12081554
i liked your post so much theres a crypto consultant website that probably shills LINK the hardest of any website online right now. on the site near the bottom they have a link to a zip file with over 1,500 Chainlink memes. its worth a download if you are locked into a serious LINK meme collection. its all pictures and a text file with some cl info. thanks again anon.

http://tricitiescryptocurrency.com

>every day under $1 is another blessing
i feel this same way building my bag of 36k currently, trying to get to 100k before this spaceship takes off.

>>12081627
>downloading a zip file from an unofficial crypto website

...anon

>>12081627
35k that just got promoted today. do you think 50k would be okay? just another broke college student

But what about Rhombus Sirs?

>>12081824
>50k an okay amount to hodl?

im in this to create a family fortune for generations tbqh. so of course i'd say no to that question. you can never have enough LINK, like at all. we're all going to be insanely rich even with just 10k LINK bags.

>>12081554

Your comment about REQ is so point, and it's true for practically all of these tokens.

These tokens need decentralized data to be worth anything at all. So if LINK fails their all going to fail.

>>12076959
Red Pill

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day LINK tokens power the network.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why we are seeing everyone in this space partner with Chainlink

- It is a self feeding machine. this means the higher the LINK token price the more smartcontracts the network can handle.
-The higher the LINK token price the more stable the network.
-The bigger the smartcontract economy the higher the LINK price goes. on and on and on.

Basically if you believe that smartcontracts/automated contract are the future and believe that in a couple of years that the smartcontract economy will be north of 10 trillion dollars then Chainlink will be worth a minimum af $1000 easy.

>>12082428
LINK used in the ChainLink platform.. so will third parties later create and develop tokens to function in the ChainLink platform ? LinkThomasVision LTV

>>12080891
>farmers conspire to put ice packs on all the thermostats
>laugh heartily at how dumb the city folk are with their robots doin’ all tha thinkin’
>receive fraudulent insurance payment which will involve lengthy and expensive legal processes to rectify (falling back on ‘dumb’ contracts involving, ew, real people)
>farmers spend their illicit gainz on real life moonshine while lambo cucks cry over their worthless monopoly money

>>12082573
The oracle would also have access to local weather stations showing that the local temperature was 38 degrees and that the farmers thermostats dropped in temperature far to fast to be natural.

>>12082573
The IoT will be more widespread than you can possibly imagine.
Those farmers that conspired to foil the crop smartcontract? Their plot will be unraveled by their satellite dishes
Decentralization. IoT. Data that can be written to the blockchain.
This will change the world, and Chainlink is the cog.

>>12082779
It's horribly depressing.

>>12082846
Only if you're a luddite.
I find Zoomer attachment to phones heartbreaking. I'm a teacher; it's my job to poo-pooh these new developments.
Smartcontracts, though, are an advancement that might just return power to the hands of those being used by it/using it.
Law with less legalese. A ToS that you can fully understand.
I'm manic depressive, and if the smartcontract future depresses you you're not thinking hard enough.

>>12080204
>pay attention to the top wallets who have increased, not decreased.

Where can I follow these wallets?

>>12077263
Congrats on being a link holder for an entire three weeks.

Holy fuck, anyone who has held for a year can easily see how bullish this thread is. So many newbies asking question. So many more people getting interested in it. I can see the new wave of investors ushering in.
Best honest with me anons, how many of you here are new (Less then 3 months) or hold zero LINK but its catching your attention?

>>12081554
Absolutely cringe. You're going to be very poor and you deserve it.

nice

>>12083624
Been holding for 2 years. 100k link here.

>>12082954
Etherscan.. will show you top wallets

>>12076959
This is probably the best way I can explain it
Bitcoin is kind of like a tree, right? And ethereum is kind of like the leaves.
Chainlink is the nigger jerking off on the base of the tree.
Hope this helps.

>>12084138
>look mom i came to 4chan from reddit and now I can say nigger!
Go back

>>12084145
> trying to police people's usage of the word nigger on 4chan
> accuses others of coming from plebbit
Intredasting

>>12084138
More like bitcoin is snail mail ethereum is email and link is the internet. snail mail will still exist but only faggots use it. email is cool and all but basically useless without the internet

the choice is yours. own the internet or fucking snort anthrax from snail mail. honestly if u don’t have 1m link by now you are NOT going to fucking make it. you had 1 year to accumulate u fucks

>>12084194
You are so new it's painful. Please lurk at least a little bit before attempting to make a post and making a fool of yourself. This will be my final reply to you

>>12084145
shut the fuck up u normie newfag cunt bitch. buy more nano and go back to plebbit faggot

>>12084202
first 10k now 1 mil.. wtf is this, a ponzi scheme?

>>12084208
> y-you're a newfag
> this is my FINAL reply to you, I do not deign to speak to uncivilized people who use the dreaded N word and offend vibrant and diverse PoC
You're right about one thing. There's definitely a babby tourist in here.

>>12084223
it’s called fucking life newsflash u stupid price of shit. u have the opportunity to finally make it while doing almost next to nothing and u call it a ponzi...fine stay poor bitch

link mooning is inevitable the amount of suicides from no linkers that autism biz 23 hours a day 364 days a year (1 day for shabbat) will be unreal. the great fucking purge. they had their chances and they blew it. are you going to blow yours?

>>12084235
it really doesn’t matter cuz ur a loser basically a shit tier shitcoin that no one cares about in this world.

just kill urself u sad fuck

>>12084237
No Linkers are confirmed subhuman

>>12080680
gay people literally cannot speel