/biz/ - Business & Finance

>>13771324
What do we do after mainnet when it goes down

>>13771348
Buy more, like always

>>13771348
>we
Nolinkers? Prep the rope

>>13771324
>3 more times

it hasn't even 10x once yet

>>13771368
When do we moon?I don't like waiting

>>13771390
it has

t. bought at 11 cents

>>13771380
Fuck off faggot I have link,just worried about it going down

It's dumping hard right now after decisively violating a clear parabolic rise. That's how.

>>13771409
>just worried about it going down
You won't make it

>>13771348
We buy the dip.

>>13771324
The Question Is: Will Chainlink be pegged to the notional value of the derivatives market (estimated to range from 500 trillion to 1.2 quadrillion) or will it be pegged to the value of the underlying asset/securities (estimated global gross market value = to around 13 trillion dollars)?

Because, even if Link was pegged to a mere 1% of the gross underlying asset value of the global derivatives market, and, even if the 1 billion supply were in circulation (much of it will be staked in Oracle nodes generating passive monthly income) then that would put the price of 1 link token at $130 USD.

And that’s just 1% of the market value of securities underpinning the derivatives market; LINK will also be used in insurance products and supply-chain trade finance products. I’m not sure what the market cap of those industries are. But it’s a at least a couple trillion in total.

That said, if Chainlink truly is the industry standard, then it will be facilitating much more than 1% of the aforementioned forms of commerce.

>>13771324
How exactly is chain link useful?

>>13771324
>Only
its a long hard road anon..

>>13771478
Pic related explains what it facilitates vs what ETH and Bitcoin facilitate.

>>13771478
it isn't, go away.

I wasted all of my money on memes and im proud fuck this gay earth. people starve to death and could be saved with a mere fraction of what i've spent on these currently useless tokens that may or may not go to $0 in my sleep this very night but you know what? It was worth it for the one ray of light that is hope that I could too one day escape the rat race of modern society by ironically being the first investor into the future

fuck this, fuck all of you, and im not fucking selling

>>13771470

>>13771499
you know I am a business insider in one of the most biggest food manufacturing companies in the united states. We are currently using block chain technology for basically problem number 3. So how is chain link better then the system these companies are making for themselves. Is chain link basically just a package tracker or what?

>>13771561
In order for maximum efficiency and real world application, smart contracts need to be connected to external data. In order to do this is the most secure fashion, Chainlink is the best option.

In your example, chainlink can be used to verify the location of a package, but it could also be used to trigger a smart contract that would automatically compensate you if your package arrived later than promised.

>>13771348
its not going to go lower than its current price so ur better off buying now

>>13771533
>i'll let you do the math on your own for maximum effect.
>actually did the math
>$100
$100 is great and would make quite a few some money, but it's no $1000 eoy

>>13771395
How long did it take Bitcoin to moon?

Brainlet here. I don't trust myself enough to be able to put up a node or keeping it online 24/7 (although this is more due the shitty connection I'm having at the moment).

How can I stake my LINKs? Linkpool? Do I need Linkpool shares for that, or can I stake them without them?

>>13771348
Im not selling a goddamn link but i do plan to buy more in any dip.

>>13771638
> 9.000.000.000.000 / 90.000.000 = 100

>>13771729
lol yeah i was thinking he left off a few zeroes

>>13771638
Nice one retard

>>13771638
I did the maths and it came out as $1, which fits with the stable coin white paper plan.

>>13771701
eventually anyone will be able to stake on linkpool, although for their first launch they are only including shareholders

>>13771561
Chainlink ultimately reduces the cost of Trust.:
Its a smart contract protocol enabling Decentralized Oracles that allow people to build Smart Contracts with the ability to communicate with external onchain and offchain sources of data, a use case whose implementation can facilitate and power financial products like derivatives, insurance products and supply-chain trade finance products.

It’s value, again, is ints it’s ability to reduce the cost of Trust.

>>13771395
>I can't wait anymore. I don't want to see steady gains in the thousand dollars day after day. I want to become trillionaire overnight. And no, I don't want to learn about nodes and staking.

Your weak hands are showing. You will buy high, sell low, try to recover via swing trading, and then rope yourself and swing –this time– from a tree.

>>13771785
ah shit, guess that means we go home now boys

>>13771638
> 9.000.000.000.000 / 90.000.000 = 100.000

>>13771638
oh forgot a zero

>>13771832
Yeah i imagine when sergey nexts checks the price he'll realize he has to bleed some of his 80million supply to lower it and last time he did that he fudged the numbers and tanked it. Im hoping we see 5¢.

>>13771533
This nifty little middleware is going to create more billionaires and millionaires than any other technology in human history.

Bottom Line: A suicide stack could be worth anywhere between 10mm and 100mm

>>13771874
a few of them, yeah.

>>13771470
And that isn't even taking into account normie fomo and the next overall crypto bubble in 2020/2021. XRP hit 140 billion usd mcap at its ATH, link at this mcap would be $400. And xrp had no real life uses at this time.
Link will be top 5, total crypto mcap will be in the trillions. 1k by 2022 is fud

>>13771532
based

brainlet here, are my linkies safe on Binance? Do i need to buy a hardware wallet?

>>13772052
SAFU

>>13771823
i guess ill throw a few hundred bucks to see how it goes.

>>13771532
Fucking based. I bought 1500 Stinkies yesterday and I will buy more just to give you autists my money, because you deserve it

>>13771886
Good god.