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File: 36 KB, 768x275, vitalik.png [View same] [iqdb] [saucenao] [google]
20609755 No.20609755 [Reply] [Original]

Was Vitalik right?

>Oracles are awesome. Oracles are awesome. Much harder to argue oracles are worth $32m

>> No.20609781

>>20609755
not he was wrong
typical midwit

>> No.20609788

>>20609755
Vitamin is funding to accumulate link

>> No.20609804

Vitaldent was fucking FUMING he didn't develop Link

>> No.20609811

>>20609755
ETH is Vitaliks weak point. His ego can't handle other projects successes well.

>> No.20609838

>>20609755
Doesn’t matter we have kek and meme magick with us.

>> No.20609850

Is ETH worth 260+ dollars?

>> No.20609867

The internet is awesome. Much harder to argue arpanet is worth $25m

>> No.20609880

>>20609850
nope

>> No.20609890

>>20609850
probably more

>> No.20609896

>>20609755
he's right, it's worth so much more

>> No.20609912
File: 25 KB, 788x650, A2978397-A227-4C87-A42B-842A728C42EA.jpg [View same] [iqdb] [saucenao] [google]
20609912

Look at this guy, you’re really going to take him seriously? Fucking kek he said 90% of ICOs will fail

>> No.20609960

None of this shit is 'worth' anything. The only reason anyone invests in this shit is to try to make money off it, thats what investment is. When/if any crypto besides btc is actually used for any kind of purpose beyond speculation (hint: none of it is atm) then you can assess its value. Currently the value of all of it is zero

>> No.20609976

>>20609960
LINK tokens have inherent utility and thus are valuable.

>> No.20609980

>>20609755
Vitalik is irrelevant

>> No.20609993

>>20609912
>Fucking kek he said 90% of ICOs will fail
Yes, and?

>> No.20610510

>>20609755
considering Coinbase has free oracles, yeah.

>> No.20610577

>>20610510
Correction: Coinbase has a signed API that oracles like Chainlink can use to great effect.

>> No.20610619

>>20609912
>Fucking kek he said 90% of ICOs will fail
he was wrong, should be more like 99%

>> No.20610653

i made a token vending machine and i think child porn is ok, listen to my opinion
its over, vitalik

>> No.20610655

>>20609755
He's terrified that L1 will become a glorified document printer, a settlement layer for smart contracts. That the revolutionary larps who want the one world blockchain with the one world currency will be left in the dust when real enterprises start co-opting blockchain technology into a legitimate ecosystem of public and private blockchains, and Ethereum will cease being a currency and become a denomination in which you pay fees to miners to secure a contract.

>> No.20610773

>>20609755
>>Oracles are awesome. Oracles are awesome. Much harder to argue oracles are worth $32m
this tweet made me miss out on link from 0.20 to $9

>> No.20610795

>>20609960
That's the entire point of our financial system anon. Do you think derivatives are worth anything?
They aren't, it's just one big casino.

>> No.20610804
File: 102 KB, 1200x1115, 1547503957393.jpg [View same] [iqdb] [saucenao] [google]
20610804

>>20610655
Vitalik fears the L2 scalability prowess. Guess he shouldn't have been so slow with developing L1. Eventually the free market catches up and gets rid off inefficient slow entities.

>THE COUNCIL HAS DECIDED TO DOWNGRADE ETH TO GLORIFIED DOCUMENT PRINTER.
>SIMULTANEOUSLY LINK HAS BEEN UPGRADED TO ERC-30 TOKEN.

>> No.20611013

>>20610577
still not using link though, link still doesn't work see silver price glitch sergey will dump

>> No.20611049
File: 332 KB, 629x1473, coinbase dispels chainlink oracle fud.png [View same] [iqdb] [saucenao] [google]
20611049

>>20611013
>still not using link though
That's like saying "gas pumps still don't use cars".

>link still doesn't work see silver price glitch
That wasn't a glitch, it was a contract typo.

>> No.20611093

>>20610653
He said possessing child porn probably has the same societal damage as being a heroin addict, that's all, he never said it was ok you fucking dick

>> No.20611158

>>20611049
coinbase does not use link for it's oracle. contract typos affecting pricing mean the oracle is not decentralized or trustless and thus flawed. there is no way to fix this.

>> No.20611213

>>20611049
is that pic supposed to support links value proposition?

>> No.20611231
File: 33 KB, 700x700, edward_felten4_0.jpg [View same] [iqdb] [saucenao] [google]
20611231

*cucks your life's work into a settlement layer*

>> No.20611243

>>20611093
lmao he didn't even say that either. he only mentioned heroin possession.
heroin ADDICTION can have highly negative societal impacts (i.e. increase in burglaries and other thefts to support their habit).

>> No.20611301

>>20609976
Keep copeing. In the end there is going to be only one blockchain, thus making link's use case worthless, as it's main goal is to connect blockchain between each other. And connecting with data outside of chain doesn't need chainlink's help.

>> No.20611344

>>20611243
Technically simple possession of both heroin and cp have negligible effects, the purchasing and other market making behaviours of them though pose a risk through the creation of a market and thus do pose a risk. Its literal legal autism kek.

>> No.20611632

>>20609755
He means $32m per LINK

>> No.20611652

>>20611344
exactly, certain individuals would not create further issues from possession of either, however as a collective they do pose a risk as you say. vitalik is correct in that simple possession does not inherently cause problems, although in many cases they obviously do indirectly contribute to them which he didn't address.

the fact that mere possession is an offence is more of a deterrent to stay away from that lifestyle entirely to prevent big issues occurring later. it's similar to a "thought crime" in that respect - punishing someone for something they haven't yet done, or may never even do, just to try and push them away from potentially doing it later

>> No.20611671
File: 421 KB, 1024x768, 1590506776616.png [View same] [iqdb] [saucenao] [google]
20611671

>>20611632
this

>> No.20611677

>>20611158
>>20611213

Try actually reading the pic I just posted.

Coinbase is merely signing its API, which allows oracle users to verify on chain who the source was.
This is hugely beneficial to oracles, and Coinbase specifically mentions Chainlink.

>> No.20611716

>>20611158
>contract typos affecting pricing mean the oracle is not decentralized or trustless
lmao

You're saying the contract and the oracles are the same thing.
The absolute state of your cognitive ability.

Protip: the contracts themselves aren't meant to be decentralized.
They're meant to be whatever YOU want them to be.

>> No.20611758

>>20609755
Vitalik said MPC is the next bubble, so I'm all in ARPA. Made a good 30x off LINK tho but it's time to move on.

>> No.20612181

>>20611677
>reddit spacing
Nice. Yes I read. there is still no incentive to use specifically link as an oracle. His tweets are pure cope.
>>20611716
I never said they were the same. It doesn't matter effectively link oracle gave bad price data which shouldn't happen. there is still no way to fix this.