/biz/ - Business & Finance

>>16331118
$2.50 EOY!!!!

Chainlink needs to start bringing online more nodes this shit is moving so fucking slow

>>16331283
Your thinking to small. We hit that today. $1 EOY

>>16331118
alright I think we got the whole Ethereum price on lock, can we move to derivatives now please?

>21 NODES

>>16331321
says the child sitting behind a screen

>>16331118
POSITIVE THOUGHT NO JUTSU 1000 EOY

AAAAAAAAHHHHHHHHHHHHHHHHHHHH

>>16331498
No hes right, sergey is a garbae cock sucking ceo who is ruining this project. It took his team of cucks and soibois 5.5 months to release v0.7.0 for v0.6.0 at mainnet, at this rate we'll have to wait another 16.5 months for v1 which if you're not a dumb faggot would understand v1 should have been released at mainnet, but instead we got a fucking eth price fetcher, wow amazing. This kike satanic technology was shilled by Klauss Schwab saying it will lead the 4th industrial revolution and instead of telling the world this sergey has given the same fucking shit speech 37x about a problem that doesnt even exist. Hes a terrible ceo who sucks jewish corporate cock because they only reason he doesnt do any marketinf is becauze he wants his kike bosses and their friends to be able to buy cheap link. Go gargle sergeys cum you dick riding faggot

>>16332450
shut the fuck up retard

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>16332465
Truth hurts. Garbage ceo and garbage team, ari juels should be running the project because kikes actually get things done, unlike this fat fucking philosophy major who thinks hes doing the right thing by not marketing chainlink.

>>16331321
This, at this rate $50 eoy 2030 no joke

>>16331118
Yup, Sergey promised to expand mainnet after reaching 21 nodes.

So when are we thinking he'll get things going?
In 6 months? 2 years? Or am I being too optimistic?

>>16331118
Guys I just realized that 21 x 2 = 42

>>16331118
I'm going back to bed.

>>16332450
>>16332521
>>16332641
>muh ironic FUD

>>16332651
Enjoy your AIDS, faggot.

Sooo... the ones that didnt get 171.34.. do they look a portion of their stack? lmao 0.15$ eoy

>>16332684
Jesus where to begin.
The ones that didn't get 171.34 got their price data from a different source that gave them a different price.
Just because their result differs from the consensus doesn't mean they didn't relay the source data perfectly.

Also, these are oracles feeding data, with a generic aggregation. There are no conditions attached to this current setup.
How much is staked, what discrepancy threshold triggers penalties, how many different nodes/sources are used, how aggregation is done, how reputation is impacted, ... all depends on how the user/node write the contract (or what off-the-shelf contract they use from a third-party listing service).

>>16332684
Yes, they must also sacrifice a newborn to Moloch

>>16332785
Don't waste you time. This is the steak when free passive income crowd. Just good to dump on

I dont know about this chainlink coin anymore, I just read a thread on reddit /cc and everyone agrees it's not going to be used.

It's going to end up like xrp

>>16332785
cope.

>>16332785
Its centralized anyways so it doesn't matter

>>16333108
3 nodes from day one, sport.

Maybe we’ll get staking now, that’d be nice

>>16332684
penalty fees are determined by an individual contract’s SLA

>>16333039
Reddit is fudding LINK? Time to buy

>>16333221
Then you should've been buying since ico :D

21? Only 21? Muhhahaha you'll have to do better than that

>>16331118

Im gonna do everyone here a favor.

With many Defi projects pushing Synths we will soon have an incredible spiderweb network of nodes supported by the Chainlink oracle network.

21 nodes for ETH heartbeat

So, in the latest SNX tokens released each synth will need nodes supporting it.

LINK x 21
MKR x 21
ZRX x 21
SNX x 21
REN x 21
LRC x 21
KNC x 21
BNT x 21
MLN x 21

Nodes = 189
189 nodes x 10,000 LINK = 1,890,000 LINK

im assuming each node carrying/staking 10,000 LINK.....for now? (Might be less in the distant future)

Now, think for one second.

Defi is attempting to synth as many assets as it can and offer decentralized derivative trading not only crypto but commodity assets along with equities.

So, lets start with top 100

Crypto top 100
100 Cryptos x 21 nodes each = 2100 nodes
2100 x 10,000 LINK = 21,000,000 LINK (staked)

3,812 tradeable stocks in the stock market
3,812 synths x 21 nodes each = 80,052 nodes
80,052 nodes x 10,000 LINK = 800,520,000 LINK

Thats 80% of Chainlinks total supply. That is insane but ok. lets narrow it down some. Maybe just the S&P 500.

S&P 500 (505 stocks)
505 synths x 21 nodes each = 10,605 nodes
10,605 nodes x 10,000 LINK = 106,050,000 LINK (staked)

30 Commodities in futures exchange
30 synths x 21 nodes each = 630 nodes
630 nodes x 10,000 LINK = 6,300,000 (staked)

180 Currencies being traded in the world
180 synths x 21 nodes each = 3,780 nodes
3,780 nodes x 10,000 LINK = 31,800,000 LINK (staked)

you guys get the idea.

Keep in mind THIS IS ONLY ONE INDUSTRY, DEFI.

Chainlink will be tackling many industries, betting, insurance etc... Also, keep in mind I ONLY use 21 nodes per synth as there will be more. And I haven't even talked about transactions paid in LINK TOKENS yet

Honestly, when $1000 EOY isn't that far from the truth. Actually, $1000 becomes fud once you realize the depth of Web 3.0.

Do yourself a favor, be all in Chainlink and take a vacation. Comeback in a year and enjoy your riches.

I've been off of /biz/ since 2017, are you seriously telling me that the chainlink meme is still alive? How?

>>16333374

>>16332450
>they only reason he doesnt do any marketinf is becauze he wants his kike bosses and their friends to be able to buy cheap link
So what you’re trying to say is that industry bosses and kikes are bullish on chainlink? Perfect, looks like $1k isn’t a meme after all

>>16333398
The memes are real

>>16333374
Holy fuck you're absolutely retarded.

First, that shit is paid out of the dev funds just like the heartbeat. Second, it will come through the same approved nodes that are currently doing Eth.

Unless you own one of those nodes that already listed, this will do fuck all for you.

>>16333552

You are a moron and is the biggest reason why you are poor and will stay poor.

>>16333579
t. bought LINK above $2 and not at 25 cents

>>16333374
The "heartbeat" style free (subsidized by CL from node operator incentive funds) datastreams are only going to be for 7? was it of the top pairs; link/usd, link/btc, btc/eth, etc.

These "webs" won't be for everything, just the basic crypto datasets to do memefi shit on literally who dexes.

There's no set amount to run a node, no requirement to even have a stake on a node. Also, many of these nodes (especially the vetted security assured heartbeat types) can preform any number of requests and provide any apis they have access to simultaneously.

It isn't linear, unfortunately...but you have the right idea.

>>16333374
If you look at the 21 nodes now, most of them have between 300 and 700 LINK in their nodes. Where are you getting the meme 10k figure from?

>>16332791
>>16333117
Its literally a JSON parser, the governments gonna shadow fork it and put computes on every city and make link obsolete anyways

>>16331118
Two lines of code.

You need two fucking lines of code to replicate this using php with better, faster and more consistent results.

>>16333889
You have no idea what you're talking about.
See >>16332785

>>16332450
So what you're saying is that he's taking time to make a working products.

>>16333863
Im assuming when contracts and derivatives are in full swing and the contracts are in the millions.

Currently the staking/collateral is not in use. We are only in the start of things.

>>16333915
false, we are already end game.

when is anyone actually going to do anything with this? i thought there was so much demand...

>>16333374
>read this same exact post last year

>>16333889
then why doesnt it exist? oh wait you thats right you have no fucking idea what youre talking about Ok

>>16333889
<?php echo "You're a faggot"; ?>

Only 21 hahahaha you'll have to do better than that spergy!

>>16333925
Your wallet saw end game when you didn't invest in LINK

Talk to me when your clearing more money than this stinkies!

These motherfuckers are working with AWS, which runs a good portion of the surface web, and people have hands weak enough to sell at 3 bucks?
God damn /biz/.

>>16334007
>be me
>Bought at .17 cents on Etherdelta
>shilling got old
>fud be lookin mighty yummy

All you nulinkers are so fun to fuck with

But no seriously, if you didnt sell at 4 after coinbase youre gigatarded

>>16331118
21 new ways to check the price of $ETH! Incredible progress from the Chainlink team! Keep Doing your thing, you guys rock!

>>16334038
Amazon is A Pleb company and that bald fucker can't even cheat on his wife properly!!

>>16334042
You see this link solution is just a scam trying to use tokens to remove our national currency! Help us fight Russian influence!

>>16333374
>buy my bags, the testament, the post

>>16334041
If you didn't buy back sub $2 your the king of retard.

>>16334042
you moron. its a decentralized price feed used for Defi. If you don't know why decentralized data is needed to for smartcontracts then do yourself a favor and do so immediately or stay poor.

>>16334042
I have no idea what oracles are: the post

>>16332450
Good projects take time and legacy business understand that. This isn’t verge trying to deliver wraith or some shit, this is actual built-for-industry tech.

>>16331118
PENIS

>>16333947
Because if you had a brain you'd have realized a long time ago that link isn't necessary, for anything, at all.

>>16333889
This is chainlink and we demand a higher quality of fud thanks

>>16334656
>zero iq response
*ten cents has been deposited in your account Ranjeesh!*

>>16334661
How about this?

I destroyed link using basic math a long time ago:

>>16271624

>>16331321
Imagine thinking it's a good idea to rush the development of security software that plans on securing billion dollar contracts in the future. A brainlet like yourself has no idea the importance of incubating trust to ensure a sustainable long term business model. I advise you market sell immeadiately

>>16334706
I advise you suck my balls

>>16334734
please go back to redit

>>16334745
please suck my member

>>16334673
>basic math
You got that right

>>16334734
Awe, zoomer no likie when the adult comes in the room

>>16333374
based and defi pilled

the value of LINK comes with actual usage. sure, we might have to wait longer than say ETH hodlers did, but when that day comes... $1000 is really FUD

>>16334706
You seem to be knowledgeable. Whata your target for link in to next 2-3 years?

>>16331118
>If you are not all in LINK you are not doing it right.

$0.04 non-cow meat Big Mac coupon has been credited to your account.

>>16334784
Kys boomer

>>16334808
That's a hard question to answer. Chainlink looks like it will continue to go up against BTC even if BTC crabs or goes down. The cat is simply too far out the bag for it be stopped before it gets into the top 3. It's also just getting started from the looks of it as new tech and partnerships continue to accelerate. Now the overall slow moving, illiquid market will hold it back and cause slower growth than a full bull market. For me it seems a no-brainer investment over the next two years with a range anywhere from 20 to several hundred. Over the 5+ year tiime frame it could go higher and become a trillion dollar protocol but it takes time.

>>16334706
>billion dollar contracts
>billions in vulnerable pajeetcode
>not even Gavin Wood can make immune contracts

AHAHAHAHAHAHAHAHAHA
IMAGINE ACTUALLY BELIEVING THIS

>>16334873
Thanks. Lets hope that Sergey has more to offer than announced/that the breadcrumbs are just the tip of the iceberg.
With staking and mixicles/ths among others we might reach 20-30 usd next year. Putting us to a 11bn mcap.

>>16334905
I see brainlets on here still can't control themselves from spazing out on their keyboard every once in awhile

>>16334917
Networks like these accelerate over time. You just need to be patient and stay away from some of this low iq noise

>>16334936
Thats the redpill. Buy and hold and stay way from 4chan.

>>16334923
I see retards still haven’t learned about smart contract blunders in the 6 months they’ve been interested in crypto. Every big finance smart contract thing has fucking failed or been hacked. Gavin Wood who WROTE SOLIDITY got REKT by a fucking teenager who found an exploit in a multisig wallet and accidentally locked away 300 million dollar’s worth of ETH, forever. Tell me again how the fucking maker of the programming language is going to be worse at Ethereum contracts than some whatever amateur millennial scrubs that ‘work’ for a bedroom startup. You don’t know shit about Ethereum or programming. Ethereum is dogshit with asinine limits. You have no idea about anything. Take your centralized XRP tier shitcoin back to r/ChainLink.

>>16332645

>>16334136
>implying I’m selling, ever

>>16334966
Sorry sir, it totally slipped my mind that pioneering new software is totallyperfect in the early years of incubation. Also forgot that ethereum secures billions of dollars successfully. Do us all a favor and don't invest. We really don't want a pessimistic idealist who doesn't know how the real world works.

>>16334936
This whole forum is 95% low IQ noise unfortunately. How much LINK are you holding right and are you still accumulating? Also curious as to what price you think you will actually sell at.

>>16335040
I'm holding more than you and I probably value it more than you do. Do with that what you will.

>>16335054
Based

>>16335031
>Sorry sir
That’s ok ChainLink Community Advocate ™ Rajesh.
>pioneering new software

This is how you outed yourself as a clueless retard LARPing as someone with a clue. There is no such thing as ‘new software’, all software has vulnerabilities. Some aren’t discovered until years after release. You do not know anything about software or programming and you’re not even denying that fact which is semi-honest at least. Nobody is putting software’s integrity in control of millions of dollars. Turing complete smart contracts were a mistake. Back to rebbit you go, we don’t buy printed centralized coins here.

>>16335114
Wow great argument. First off you lied because Ethereum already secures billions of dollars. Second, your arguement is "muh there might be security flaws years later...". No shit sherlock but you could say that about literally any software in existence. Ever heard of fixing bugs and improving the software over time?? I get it, you love to circle jerk with your maxis while ethereum cuts into your value and amasses developers, but probably better for you just to keep your comments contained to your safe space