/biz/ - Business & Finance

>>21567686
South Korea was the first public bone thrown to the Chainlink team, a kind of production proving ground to back real crypto custody and flush out any price feed issues. I do not have any special insider information on when this kind of information will be made public, though I suspect Smartcon will provide further insight.
If you are hard up for money or you are an active daytrader then do what you will with your tokens. When this type of information goes fully mainstream in a delivery format that they can actually digest the demand for Chainlink will be astronomical.
The data flowing through this new financial web will fuel the entire market, this is not just simple cross border bank to bank transfers we are talking about. They have been writing financial instruments into Solidity for years now. Part of moving money around is you never let it not make you more money when it is sitting somewhere. Money has velocity and it never goes unused at this scale, Chainlink will be automating it all in a trustless manner with complete transparency to it's vested parties.

>>21567695
>>21567686
Undervalued thread. Thank you, Anon. I must ask, though- I thought the Swift partnership was debunked? Or is that more fud? I was told repeatedly that Swift is not 'parterned' with link and that it's merely a PoC that may not even get used beyond something interesting for nerds to poke at. Am I tard, or am I missing something?

Not trying to FUD, I am legit asking.

>>21567686
Nulinkers, weak hands, and redditors are all getting shaken out right now because none of them have read the white paper and none of them actually know anything.

>>21568041
It does hurt to see number go down but I’ve been here since 2017. No way I’m gonna act like a weak handed faggot now

>>21568041
Agreed. I only hope they find their way before they are truly too late. Everyone who hodls will make it. I can feel it. We've had worse dumps for longer and crabbing before.

this incessant psyop
fuck satanists

>>21568099
the problem is the pile on comes from our fellow man, who have been turned against us in hate due to pure greed

ever wondered why does a btc whale not want others to make it now?
this changed at some point, og whales used to want to share, and would encourage others to get involved in the space
now there is so much hate and competition

cant we just all be friends like in elementary school?

>>21568091
I've been here since 2017 as well, somehow making $10,000 in an hour doesn't have as much impact as losing the same amount of money. No emotions here.
>>21568096
We shouldn't even be done with this pump yet according to most people's TA. I'm expecting a giant green dildo later this week.

>>21568203
Shit, we're pumping now. I still don't hold much stock in TA, positive or negative, but we'll see how things turn out. I think most folk need to zoom out and take a breather. Shit, I'm convinced we'll need a few more years before Link is truly ready and we see the singularity. Wouldn't be surprised if we hit 20 something and crab for a while like we did at four.

>The initial rollout will not be tied into ETH in any meaningful way
You better be right. ETH is a fucking dumpster fire and unless chainlink phases out of it it's ogre.
Do you have anything to substantiate this claim?

>>21567836
im not op but do yourself a favor and watch https://youtu.be/o6frxYOk4fA
keep in mind that sergey is at the "family table" and that the two hosts of the event, both directly responsible for decisions that affect literal trillions of dollars of capital movement, repeatedly ask those in attendance to network with sergey. just imagine how much their time is worth and then think about how much effort they're making on behalf of sergey at the risk of their reputations.

>>21567836
It is confusing, the "debunking" as you put it was the R3 Corda project meant to be backed by Ripple.
But unlike Chainlink Swift actually had a complete breakdown of negotiations due to RippleNet being a direct competitor.
Since that time they have not changed course and still are going live in November with price reference feed oracles that are described as decentralized.

>>21568099
LOL, we are the Satanists.
What do you think the Hexagon means?
Your god will bow before us.

>>21567836
No one actually knows the substance of their work. We know they have done work in the past and it seems likely that there's something substantial going on. Important to keep in mind is that they have never claimed having a partnership with Swift

>>21568262
Oh, thank you. I'll have to watch this. I still believe in the project pretty deeply, but I was just curious. Thank you, Anon. :)

>>21568271
Oh. Well. Good to know. I guess others got confused. Full steam ahead.

>>21568312
I guess people are putting words in eachothers mouths, then. Typical fud. And to think, the banking sector is only *ONE* place where Oracles connecting data to the blockchain for smartcontracts can be used. Just one, and it's massive. We're in for a good run.

>>21568041
This.
>t. newfag linklet who actually read the white paper.

>>21568251
I'm looking at $28 as being the semi optimistic top for this pump and $38 as my optimistic prediction for post smartcon announcement price. I put quite a bit of stock in fractals and they've nailed most of the piece action in this pump so far, although last week was a lot better than I anticipated. We'll see though. Not like I'm selling anyways.

>>21568390
Agreed. Don't we dump after presentations and conferences, though?

these crashes are nice, they get rid of the weak hands and line my wallet with more linkies

>>21567686
Looking forward to smartcon. Gotta Quarantine from work for the next couple of weeks. I had a scary dream that LINK plummeted to $5 and the only thing I could think of was to buy more. Ive been in the game since sept 2017 buying in at seventeen cents a goddamn token. Im all in baby no matter what happens. This is a project you want to HOLD for as long as fucking possible. The most of my stack I will ever fucking sell is 10%. Just depends on how staking goes.

Considering how new this space is I have been thinking about coding on solidity. Imagine if you were able to create a Chainlink node for a popular video game like Dota, DFO, TF2, etc. They have already came up with a smart betting system for Path of Exile powered by Chainlink.

>>21567836
It is also important to note the "Flare Network" and it's timing is not a coincidence. The announcement and unorthodox full media blitz from Ripple was in response to them learning how far along and how much Swifts next gen protocol was going to leverage smart contracts.
This was the key talking point in the industry, that Ripple simply lacked the basic tools needed to write effective automated financial instruments.
Ripple is in the end just a ledger with metadata attached to it, the escrow system it designed as a stop gap to fill basic needs was not complex enough to do much more than hold and release funds. It is also not inherently trustless. Which when talking about two parties and huge sums of money is truly invaluable.

>>21568255
Checked and yep. Haven’t heard the Eth thing before but I have NOT seen the eth thing where I thought I would. sold all my eth couple days ago for tezzies and sats

>>21568466
Source:
https://blog.chain.link/showcasing-the-winners-of-the-2020-hackmoney-virtual-hackathon/

It is the first place prize of the Colorado Hackathon

>>21568483
That one I knew about. I saw the first post about Flare here and it immediately set off alarm bells as being completely inorganic. People talk about shills quite a bit but Flare and Ripple really, truly, has paid shills. I follow your logic on the technicals but the way they posted the exact same copypasta bullshit trying to be an oldfag while shilling flare was so obvious.

>>21568506
from the FedNow website

Holy shit, we are gonna be rich?

>>21567686
>In November 2020 all banks using swift will be required to use the new ISO 20022 standard
I thought ISO 20022 was due to be implemented by Nov 2021 and had been since postponed to end of 2022
https://www.finextra.com/newsarticle/35764/ecb-steps-in-over-swifts-iso-20022-migration-delay

>>21568430
Not if we hear anything about steaks. That could change everything. But realistically yes we will dip after the conference. I'm swinging 20% of my stack at whichever target we settle at so I can accumulate more if the dip takes us down sub $20 again

>>21568651
I really don't think we'll hear about staking at the conference. Something tells me they're gonna just tweet about it at random one day and everyone will lose their goddamn minds simultaneously, they seem like they'd do that.

>>21567686
>>21567686
>In November 2020 all banks using swift will be required to use the new ISO 20022 standard
False
https://www.swift.com/standards/iso-20022-programme/new-approach-iso-20022-adoption

Its November 2021 for testing and transition is from 2022 to 2025

>>21568680
HOW MUCH LINK DO U NEED TO STAKE UR LINKS I ONLY HAVE 100

>>21568271
How can we confirm this?

>>21568714
We know as much as you do, anon. 100 probably won't be enough, and neither will my 800, most likely. C'mon. Nobody knows anything about staking yet.

>>21567695
there gonna use Band

>>21568714
Long term that will be plenty. Keep piling up your bags while you still can.

>>21568262
that video
wow this is the most elaberate scam ever pulled

>>21567686
Oldfag here, mid 5 fig stack, never selling

nChain will soon drop the patent hammer. There's still a little time to sell

T. Fren who knows

>>21567686
pic related

>>21568533
Dubs checked, we are all going to make it

I am a literal new faggot and don’t know shit about anything but just got into crypto tonight. Just painted a house a threw it all into linkies.

I’m just going to hold until I die because I’m too retarded to be a day trader and I can accept if everything I just bought goes to zero. Painting is easy money you just move your arms and listen to podcasts

Not sure how you guys deal with the stress of /biz/ because every other thread makes you second guess yourself. Been trying to educate myself about it but way over my head sounds pretty revolutionary though. Guess everyone has to start somewhere

>>21568600
>>21568699
This, completly false information in the OP. Now watch OP dissapear and brainlets ignore this. You wont beat the FUD with such a lame SHILL

>>21568900
Thats dank as fuck bro. I too will be holding with you. Its great to be an oldfag.

>>21569045
That is a very smart thing to do Anon. Read my link I posted earlier. The best thing to do right now is read about how other people are using LINK. Keep on buying.

>>21568600
this. OP is out of date

>>21569047
It's just an error in his piece. End of 2022 is less than 17 months away. And who is to say it won;t be implemented before the cutoff?
I'm still VERY bullish on Link, I just wanted to point out his mistake.

>>21568900
My silly wiccan sister drew that card for me the other day.
Dat shit's a sign senpai

>>21568099
Checked. Praise Christ.

>>21568099
All currency is a psyop. Gold is a shiny rock.

Anyone got ethereum chart pic?

>>21569187
for real? big if true

>>21569138
>End of 2022 is less than 17 months away.
Huh?

>>21569542
I don't lie about memes senpai

>>21567686
Took fat profits near 20. Anytime something runs hard there will be lrofit taking and weakhand Fomo buyers will panic sell.

Let it come back down for a bit and then start the pump again.

.t cryptogod

>>21568759
So i should stop buying DMG and RSR and go allin link ?

>>21569622
Yeah but it kept pumping over and over, how the fuck do people know $20 is the top

>>21567686
INCREDIBLY BASED THREAD NEVER UNDERESTIMATE THE RAW POWER OF POSITIVE THOUGHT, ESPECIALLY COLLECTIVE POSITIVE THOUGHT
https://www.youtube.com/watch?v=MIyBFNjc1kY
ITS MONKEY SEASON $1000 EOM LETS FUCKIN GOOOOOOOOOOOOOOOOOOOOO

>>21568176
What are you talking about /biz/ is fren central and our mantra is "were all gonna make it"

>>21569045
This is the most intelligent newfag I've ever read. If I had done this I would have ~3k more linkies than I do today.

>>21569679
Never forget where you come from

>>21569711
wegon may-kit is a legend in my country

>>21568274
>he assumed I wasn't referring to him

>>21569835
At what point can we just draw or use a cube without it being satanism?

>>21569930
the cube isn't necessarily bad that's another roman empire associate other foreign religion with saturn psyop.
the cube within a cube is bad it represents inescapable slavery, men as gods to other men as god is god to men.
chainlink is the WEF, CCP etc

>>21569187

>>21569138
>End of 2022 is less than 17 months away.
Huh?

To be fair, you have to have a very high IQ to understand how Chainlink works. Its superiority is only hinted very subtle, and without a solid dose of advanced autism most of the Lambos will go over a typical investors head. There's also Sergey Nazarova very nihilistic outlook, which is deftly woven into his characterisation- his personal philosophy draws heavily from /biz/ shitposting.
The real frens understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realize that it’s not just funny- it also says something deep about society.
As a consequence people who don’t trust Chainlink truly ARE idiots- of course they wouldn't appreciate, for instance, the genius in Nazarov iconic catchphrase "Get in here faggot, we’re gonna save the blockchain," which itself is a cryptic reference to the Russian epic 'Crime and Punishment' or the struggle of life itself.

>>21568099
>>21569835
>This demonstrates the "work" they are involved in, which they blatantly represent as the rebuilding of the Temple in Jerusalem. The Masons are trying to build their own cube around the white cube.They want to form an artificial temple around the real temple, which, as St. John said, is God himself (the new Jerusalem having no temple other than him).
Clock Shavings by Tracy Twyman, page 414

>>21569644
Depends anon. Chainlink tends to have these big runs then crab for a while. If you think RSR or something might get better short term gains then use that to make money & buy more. Beware though, I did that (sold my Link while it was crabbing to play other things) and Link jumped fast enough I basically lost half my stack.

>>21567836
>>16316123
>>16315503

>>21567686
S

>>21567686
Last night I saw two different license plates with 777 on them. After seeing the second one I looked down at the odometer and it ended in 77
Peepeepoopoo

>>21567836
>>21568262
https://www.youtube.com/watch?v=8f0KJc4Lj3Y
https://www.youtube.com/watch?v=NG5kcgCJLpc

Don't doubt our queen

>>21568274
Jesus Christ has already won.

yall bought the dip? dont start crying again when we pump past ath.

>>21571331
>complains about being titfucked
>our queen
no