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/biz/ - Business & Finance


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15200507 No.15200507 [Reply] [Original]

>>BTC/USD and LINK/USD have been added to testnet price data reference contracts meaning we will likely see such contracts on mainnet soon!

>>This will enable Bitcoin futures that run on Ethereum, and Chainlink nodes operators can price data request jobs against USD

>> No.15200512

Source: https://twitter.com/ChainLinkGod/status/1160372512263270400

>> No.15200514
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15200514

>>15200507
>Hey LINK, what's the price of LINK?

The absolute state

>> No.15200515

WHO FUCKING CARES. SERGEY IS DUMPING 700k EACH FUCKING DAY.

>> No.15200520
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15200520

>>15200514

>> No.15200523

>>15200507
nobody cares

>> No.15200526

>>15200507
Explain to a brainlet like me what this means please

>> No.15200533

>>15200514
This is actually very important from a programming standpoint, but it is not my job to educate you.

>> No.15200534

>>15200523
Your mother cares, because I am paying her in LINK for that sweet ass.

>> No.15200543

>>15200515
This. Chainlink discord trannies are getting more desperate by the day

>> No.15200544

>>15200526
It means we're going to make it.

>> No.15200558

>>15200507
interesting big fucking news

>> No.15200561

>>15200533
Shut the fuck up linktard. Go pick up Sergeys bags

>> No.15200562

>>15200534
>>15200544
Bagholder cope

>> No.15200565
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15200565

>>15200533
can you explain to a brainlet?

>> No.15200572
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15200572

>>15200514
tfw this is actually how it works

>> No.15200574
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15200574

>>15200565
No kill yourself.

>> No.15200581

>>15200565
its not. its making a simple API call. theres nothing amazing about a centralized json parser pulling data.

>> No.15200600

>>15200574
*teleports behind you*
*pokes your butthole*

>> No.15200612
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15200612

>>15200514
If stinkies were honest to themselves they would admit that's all chainlink will ever be "used" for.

>> No.15200640

>>15200561
REEEEE THE MONEY IS BEING USED TO HIRE MORE PEOPLE AND EXPAND REEEEEEEE

>> No.15200658

>>15200514
why you acting like a bitch, man?

>> No.15200666
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15200666

>>15200658
Because linkies who didn't sell the top like me are delusional faggots. Learn to trade

>> No.15200669
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15200669

>>15200658
cause were 3 years in and the only we can do is make a simple API call for the price of LINK lmfao

>> No.15200677

>>15200562
Street Shitter Rope.

>> No.15200682
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15200682

>>15200666
>like me

>> No.15200692

>>15200526
It means node operators can price jobs in USD, and then it will be automagically converted by an oracle contract on their payment. No more caring about price fluctuations in LINK for node payments

>> No.15200707
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15200707

>>15200692
so how the fuck is this big news brainlet, explain to me. this is set out in the whitepaper, we already knew this. they literally did NOTHING apart from copy/pasting the code for the BTC API call and switching it with LINK... lmao are you seriously getting excited over some smalltime API call?

>> No.15200722

>>15200692
>No more caring about price fluctuations in LINK for node payments
Thats cool. I'd to also see the option to pay in ETH or even a stablecoin like USDC/DAI, might be easier than using Link.

>> No.15200797

>>15200707
>futures contracts
>interchangeable inputs/outputs
yeah definitely nothing to see here

>> No.15200827
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15200827

>>15200797
See this, swamp donkey.

>> No.15200860

>>15200507
How the fuck do I buy link in New York.

>> No.15200863

>>15200860
vpn

>> No.15200907

>>15200565
If a node gets 1 LINK for its services today, that's about $2.50.
If a node gets 1 LINK for its services EOY2019, that's $1000.
Do you see where this is going?

>> No.15200912
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15200912

>>15200863
Okay what’s the best exchange, also wondering best exchange for trading w leverage thanks bud appreciate it.

>> No.15200922

>>15200514
>sybil attack the LINK price ticker
>feed it $1000
>arb bots immediately detect this and start buying up to $1000 on coinbase and binance
>linkmarines offload on bots before the next heartbeat when it all comes tumbling down

This is literally what the price singularity is going to look like. Linkmarines gaming their own system to dump their bags.

>> No.15200933

>>15200565
since no one is willing to spoonfeed you: link-usd oracle is the beginning of fiat on-ramps and the token being invisible to the end user who just wants to pay with fiat
currently listing services are specified in link, which is still a problem because price fluctuation and is temporary
with a decentralized link usd oracle on mainnet, all the different listings will be determined in usd then converted to link value automatically

>> No.15201016

>>15200507
Someday we'll have a whole functioning 'coinmarketcap', cool

>> No.15201036

>>15200514
Imagine being this anon and being so retarded you can’t understand the basic principle of why this is both important and huge. I would hate to be your parent. I would feel shame all the time.

>> No.15201079

>>15200507
Is this what drove the mini pump?

>> No.15201112

>>15201079
>mini-pump
lol that shit isnt a min anything

>> No.15201140

>>15200707
Not exciting at all. Just another feature "turned on" really

>> No.15201142
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15201142

>>15200515
>EACH FUCKING DAY

>> No.15201149
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15201149

>>15200933
Does that also mean that in the future link haters will be using link without even knowing it when getting their wagecuck money?

>> No.15201276
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15201276

>>15200600
Ohhhhhhh yeaaahhhh

>> No.15201279

>>15201142

>each day

>5 days ago

>> No.15201287
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15201287

>>15201142
*Shits all over you*
> Praise sergers

>> No.15201306

>>15200514
lmfao

>> No.15201377

>>15200533
imagine paying 13 cents to query the price of link.

>> No.15201544

>>15200907
Underrated