/biz/ - Business & Finance

My take on your post:
COPE

>>13930737
Admit that you got dumped on and are bagholding

chainlink just left the meme stage and just showed that its the real deal.
the two blogpost posted just show that the project is solid and that competition should be VERY AFRAID. sergey is niot launching with fireworks and announcement of announcements, he is betting on trust and reliability. the goal of this mainnet is to show that they can be trusted and have a bulletproof product.
there will be 21 node operators but for now only 3 have been launched on the 30th of may (mainnet day),
1 chainlink team node
1 linkpool node
1 fiews node

soon we will get a stream of other oracle providers announcing their node going live, and when they will add new apis, we will also get new announcements, pretty convinced the new apis added will be strategic to the partners they have, so they won't pick a random api. this will slowly create credibility and will get bigger players attention.

About the cost of transactions it's an issue that is right now being solved and have been addressed in this blogpost:

https://blog.chain.link/threshold-signatures-in-chainlink/

the threshold signatures will allow for cheap transacton costs when calling multiple nodes.

chainlink has officially left the meme stage. we are now officially the most serious project on the blockchain since ETH

>>13930770
The problem was people were expecting much more usage on day 1 and we didn’t really get it. I’m still a marine tho. $1000 EOY.

>>13930737
>>13930770
Yes to everything you said.

>>13930825
>The problem was people were expecting much more usage on day 1
Those people aren't very bright.

To add; the ONLY reason Chainlink dumped is because people didn't see big company names flashing in bright neon in the blogpost titles.
I for one am very glad they sold, and I hope they keep selling every single linkie they ever had.

>>13930770
Hi Adelyn!

>>all these shill replies in this thread
So the Russian Maccy D Destroyer is still paying you guys? Can you at least tell us when the next pump will be?

>>13930865
lmao i'm not adelyn, shut a fellow linkmarine that knows his shit, just spoon feeding other marines that still don't get it.

not all linkmarines undersstand whats going on, so they might get shaked by cheap FUD.
i'm looking forwards to the other node operators that ill go live in the next few days, as they ave already been testing on testnet.

>>13930884
>lmao i'm not adelyn
why live?

>>13930878
>Can you at least tell us when the next pump will be?
Never, better sell every linkie you have.

>>13930737
>>13930770
Agreed. we will continue to see rollouts and adoption take place as chainlink is a serious project that doesn't want or need hype. Comfy af. Ground floor here bitches. Average price .39c

>>13930884
>I'm not adelyn
nice try adelyn

>>13930907
If I send you some, will you make some new LINK memes or pastas? The current ones are getting stale.

>>13930737
Thank you anon for this, this is a comfy thread

>>13930770
Chainlink is more serious than ETH was at launch.

https://www.zdnet.com/article/chainlink-launches-mainnet-to-get-data-in-and-out-of-ethereum-smart-contracts/

the real question is why would I pay link to see cryptocurrency prices when I can just browse like two sites to get them accurately 24/7?
bot implementation?

>>13931045
So just program a smart contract to browse coinmarketcap then. Oh wait you'll need a oracle because smart contracts can only do ICOs.

All chainlink had to do was name Samsung as a partner and you betcha britches I would have been all in like no limit holdem poker. How hard would that have been?

>>13931045
You might be able to do this for you smart contracts and watch them like an autistic hawk but what about major corporations? Normies will not spot check prices for their contracts. Imagine stacies looking up the spot price of Eth and making a mistake. Plus eventually people are going to be paid hourly on the hour for every hour worked automatically through smart contracts. I'd be watching the USD pricing tasks in the pivotal very closely.

>>13931088
>You might be able to do this for you smart contracts and watch them like an autistic hawk
I sure wouldn't go for any contract where I have to rely on the other contracting party's personal observations of the ETH price lmao.

>>13930827
>bright
>biz
Pick one

>>13931071
I doubt they’re actually “working with” or “partnered with” Samsung or any other big corporations for that matter. The second blogpost made it clear the team care more about advancing this tech responsibly than pursuing clients who will be forced to use their platform anyways from the cost cutting savings alone.

>>13931071
>A thing I wanted to happen didn't happen
>There's no other time that that thing could happen in the future

>>13930737
3 audits
One was done by one dude literally who instead of a company
One was done by quant stamp which is legit
One was done by Sigma Prime, which we know is an Australian company that approached Sergey during some meetup, timo the tranny filmed the part where they approached him
We thought there would be another firm, due to larps but it was bullshit. The audits showed some severe issues, apparently. Been resolved but it shows how easily fucked it could get. I don't know how you guys feel but having read the reports, it made me think they should have hired at least a fourth firm to confirm.

>>13930737
>5. We heard from Sergey that by the end of this year, derivatives, insurance and shipping (probably via hyperledger) will use Chainlink.

Source?

>>13931045
Smart contract (like a bot). Right now it's zzzz with one piece of easily gettable information, but sooner or later it's going to be a truck shipping contract for example.

The smart contract calculates the weather, traffic/eta, load weight, fuel price and usage, and is a safe escrow between shipper and receiver that immediately deposits into the correct accounts no delay once the stipulations of the contract are met. Reduces tons of paperwork on both sides, tons of overhead for hundreds of retards sitting in offices "working" to confirm that yes. we did receive that product, and the variables will allow for up to the minute shipping lane prices..which currently lag behind 3-6 months minimum.

Trustless escrow/betting/staking/loans. Literal one tap car/house buying, all paperwork and carfax/title/deed/tax shit pre-done and certified legit, automatically filed and filled out and sent to appropriate gov entity (eventually they'll be on blockchain).

1000 other uses. This is the "AI" that's going to put tons people out of office jobs, not actual physical robots.

>>13930737
>We heard from Sergey that by the end of this year, derivatives, insurance and shipping (probably via hyperledger) will use Chainlink.
Source?

I have been a link marine since 2017 but I lost a lot of hope yesterday and decided to take some profit. We keep moving the goalposts for when it’s really going to take off and mainnet launch and no singularity seems like a good line in the sand at which to temper expectations. 5x profit is nothing to be sniffed at.

>>13931188
https://blog.chain.link/sf-fireside-chat-docusign-tom-gonser/

Pic related is the only reason I went all in in fall of -17
You are all degenerate gaylords if you think that Tron/Vechain like hype shit with mainnet launch would really mean anything. Sergey said that mainnet is ready to lauch but NOT COMPLETE

>>13930878

Have sex incel

>>13931045
>>13931211
And to give an estimated idea of what the cost savings looks like on that.... there's something like 600-650 usd in overhead for an average trucking contract minimum.

The company I'm contracted with will save 300m or so per year, or over double their revenue.
>hey boomers, do you want to make 110% more money a year?

>>13931296
based

what's ground floor going to look like for link do you reckon lads?

>>13931365
It’s already in you idiot. We will be above 1$ next week

>>13931383
swingers will get cucked.

>>13930737
Your take is deliusion

>>13931296
and that's on a top20 carrier. the top 10's will all potentially make 500-3b average maybe 700.

Not factoring the further automation and efficiency that comes with digitizing and linking this information with other warehouse management systems and product on demand/just in time ordering capabilities.

Really going to fuck things up, but literal trillion dollar potential, just in this sector.

>>13930861
I actually prefer the mainnet launch like this, sure i would have taken a flashy blogpost with all the big players and a pump to 50$ or so
But just not their style and not how it works either if you want to be taken serious
But at least this way all the twitter/reddit and newfag brainlets bought high and probably dumped at lose after the “disappointing” launch with their weak ass hands

The Chainlink team have done software delivery incredibly well, it's very rare for delivery to be like this, usually immature teams get too excited, put on cowboy hats and go nuts, Chainlink has held their composure very well with a drip feed release process.

They did mention that it has to go smoothly, they're taking every precaution and I'm sure their partners are impressed.

I'm really excited about what's to come.

>>13932170
exactly, no one ca compete srsly, they are betting on reliability...sergey is a chad, i cant wait to see vitaliks feedback on the threshold signatures

You’re braindead if you’re selling right now, that’s all.

Buy the dip.

>>13932219

Literally confirmed they will be the Oracle/data provider in relation to crypto for NASDAQ yesterday.

>>13932237
we can only go up from here, mainnet can only get more adoption

>>13930825
Anyone that was expecting usage from day one is retarded and deserves poverty

>>13931235
Smart move. LINK has Always been a 2020 moon mission. All the annoying $1000 eoy muh singularity people are newfags that got memed. I still have 50k in cold storage but sold the rest of my stack yesterday and will chase other moon missions until I see real adoption (next year probably).

>>13932764
Any tips?

>>13932777
Whoa didn’t mean to get trips sorry

>>13932777
Checked. I'm planning to make a play on ONE (Harmony) but not sure exactly when to jump in yet. It begins trading at midnight eastern. I'm also holding a huge bag of NKN and a smaller bag of HOT.

pee pee poo poo

>>13931164
>One was done by quant stamp which is legit

Quantstamp are a joke. They have cleared defective code more than once.

>>13930737

It seems that there are clever people here, can you refute this faggot and end his baseless fud? im a brainlet ^^

>>13931976

>>13932777
Buy moar Chainlink

>>13930770
I think an issue should be addressed with audited code and a roll out, not some cringy brainac formulas on the blog of a tax evader company located on the cayman islands

LINK is gonna dump hard, why? Cause market is disappointed. We were promised high quality partners, detailed information about network usage, and what's happening with the 650M tokens now that mainnet is announced, but they didn't delivered.

If you want to LINK moon again you need to refute this statements with logic and reasoning, otherwise this shit is going down until a black swan event happens (microsoft, sap, aws partnership) for the next 6 months, slowly bleeding like all the other shitcoins (OMG, kyber, rlc, zrx)

The current statements are

>T.signatures are in conception phase, not audited and not even on the icebox of the pivotal tracker. It might take months of testing before being a mainnet feature.

>SGX isn't supported by current mainnet, shit still need to be audited. It's month away

>No info about token distribution, how the incentives for node operators are being handled, and no clear level of usage in network

>staking and penalty contract are still in building phase, and they want to use real data to build them, so it might take months to be done

So, in the end we can say that this shitcoin did a cardano tier mainnet announcement, failed to deliver key valuable features, and despite fundamentals are bullish as ever on the long term, there isn't a single reason for this current marketcap to stay like this or grow in the next 3 months. On top of that, og link Marines bought between 12 and 22 cents, so even at 50 cent they did a x3.

Refute this to save link

>>13931365
Around 85 cents I bet. I tethered at 1.35 and will buy back in around then

>>13933222
Irrefutable pasta, checked. Marines may now break for summer. See you fags in September.

i dunno what to make of this 'mainnet dump'. other alts dumped bad yesterday thanks to bitcoin shitting the bed. link's down 16% but you have top 20 alts like cardano, cosmos, and tezos which dumped 11-12%. could this just be normal correction?

>>13933222
>We were promised high quality partners, detailed information about network usage, and what's happening with the 650M tokens
No were were not.

>T.signatures are in conception phase, not audited and not even on the icebox of the pivotal tracker. It might take months of testing before being a mainnet feature.
>SGX isn't supported by current mainnet, shit still need to be audited. It's month away
>No info about token distribution, how the incentives for node operators are being handled, and no clear level of usage in network
>staking and penalty contract are still in building phase, and they want to use real data to build them, so it might take months to be done
A project in the early stages of development finds itself in the early stages of development, more news at 9.

Any body figured out how to monitor network activity yet? I want to watch and see if people are using the ‘net

>>13933222
High IQ post. Sorry newlinkers, you will be shaken out. This is going to take a while.

>>13933328
yes there is the chainlink explorer

>>13930861
What’s funny about this is that Chainlink is a middleware for BLOCKCHAIN and are working with some of the biggest and most legitimate blockchain companies, who in turn are being implemented by F500 companies, banks and more. The writing is on the wall, just most of /biz/ is too fucking stupid.

All that talk about this being a corporate project build from the ground up was bullshit. Interesting project, but really long term hold.

>>13934106
>really long term hold
Whoa, thanks for letting us know anon!
Damn...

>>13930973
>0.39 is the ground floor
Lol not even close. Literally more than double.