/biz/ - Business & Finance

>>21874725
pnk feels like the LINK of the next 3 years. I think we have a very long painful road ahead of us and PNK will probably sit on the sidelines not doing much this run. If it does the same thing LINK did though the bear market will prove it's value

personally I got my 100K stack on the side stored away until the promised time. Depending on what the price does in the next few months I'll likely be quadrupling that

>>21874725
It's pretty much the only coin that I can say serves a niche purpose in crypto and which has an advantage over traditional systems, and which is still small.

loominati nigger reporting in

PNK is a flavor-of-the-week solution-in-search-of-a-problem. There is no room for subjectivity in blockchain. The whole premise is fucking idiotic.

>>21875074
That's cool, but I didn't ask if it was a real solution, I asked if I would make money.

>>21875074
i know you're just fudding but its just so moronic please come up with better shit.

>>21875074
Blockchain is unfortunately used by humans. Thus subjectivity is essential

>>21874725
Yup, if you have a big enough stack. Also, it pays out in ETH, so you aren't just doubling down on your initial bet.
People still don't realize how big this is going to be if it succeeds at reducing costs for dispute resolution. It's going to be the Uber of online dispute resolution. The gig economy offers clear advantages over traditional employment. You don't have to pay for your pajeets' health care or offer other perks. You can easily deal with surges and downturns, and you never have to pay people to stand around. Your workers can work in their free time without needing to earn a living wage. Plus, it allows you to outsource some responsibility. It allows small businesses and contractors access to independent arbitration that would otherwise be unaffordable.
If PNK succeeds, it's going to be the thing that takes crypto mainstream. Your plumber is going to use PNK for escrow. The teenager making a few extra bucks drawing commissions on DeviantArt is going to use PNK. People are going to use PNK to settle bets between friends. And international business deals will rely on specialized courts with verified credentials to settle disagreements when national authorities are unreliable.
People will try to make a living as jurors just like they do with Uber. When you tell them you bought for under $0.20, they'll look at you with disbelief.

>>21876096
>Your plumber is going to use PNK for escrow. The teenager making a few extra bucks drawing commissions on DeviantArt is going to use PNK. People are going to use PNK to settle bets between friends.
i don't see this happening for 10 years at least
but it'll probably happen

>>21876189
I'm hoping we start seeing at least a few dozen cases daily well before that. In three/four years, I'd like to see at least a few major companies start trials. Getting the first pioneers on board will take some time, but once small businesses can say not "I'm using an unproven model with a cryptocurrency you've never heard of to settle our disagreements" but "I'm using the new service eBay uses for fairer customer/seller dispute resolutions" I think things will move pretty fast. Dispute resolution contractors absolutely will be replaced by gig workers sooner or later, the question is who gets their first, and Kleros looks well-positioned.

>>21876664
>In three/four years, I'd like to see at least a few major companies start trials
hopefully just 1-2 years, but i do know this is a long-term hold
>I'm hoping we start seeing at least a few dozen cases daily well before that.
this would be good but honestly it'd be nice if it waits until ETH 2.0 comes out fully so that gas prices won't be 20 dollars on a 10 dollar dispute reward

>>21875074
KYS idiot

>>21874725
>>21875074
This pretty much. The coin is pretty much a pure investment gamble hoping to fly or die.
Decentralized arbitration and courts is something a ancap crypto geek would jizz himself over but it's not realistically possible to utilize any time soon in this world.

>>21875074
>no subjectivity on the blockchain
Kek leave Ranjeesh

>>21877044
You’re a fucking tard. Do some research first. Have you ever heard of Colin Rule? Probably not so I don’t expect you to understand. Faggots like you have already missed the 20x. Ggwp

>>21877090
cope, not buying your bags

>>21874725
nah pnk is literally just a bunch of newfags that missed out on LINK and are desperate to convince themselves that they found the next big thing even tho the idea behind it is so retarded. like I’d be shocked if anyone who owns pnk is over 25 or has ever had a real job or any real life experience.

>>21875249
yes I’m sure plenty of humans would love to have important legal contracts decided on by a bunch of anonymous racist neets and indians pretending to be neets

>>21877117
You couldn’t afford them lmfao

>>21877135
>>21877186
PNK FUDDERS GET ABSOLUTELY BUTTFUCKED. LOOK INTO THE DUNNING KRUGER EFFECT FUCKHEADS.
>he thinks it’s for courts of law
>he doesn’t know they’re in Thomson Reuters incubator
>he doesn’t realize pnk holders act like pajeets for fun
>he doesn’t realize it’s done a 20x since Feb
>he doesn’t know it’s shilled by vitalik
>he doesn’t know it’s one of the largest holds for the top 5k link wallets
>he doesn’t know they received $500k and $1M grants
>he didn’t check kleroscan.com to see that the project has already brought in over $1M to the users
>he doesn’t know what dispute resolution is
>he doesn’t know who colin rule is
>he doesn’t know about Tyler technologies
>he doesn’t know about modria
>he didn’t turn $5k to $100k holding pnk
>he doesn’t realize kleros has 8 diff dapps besides their court dapp
>he doesn’t realize kleros helps link solve the oracle problem
>he doesn’t realize link cannot handle subjective data
>he doesn’t even know what subjectivity is
>he doesn’t know 1 whale just put over $400k into pnk during ATH last week
>he doesn’t know about the coinbase email leaks
>he doesn’t know the token sale in February sold out in a week and a half
>he doesn’t know they raised over $1M in their token sale
>he didn’t see link whales put 500-1000 eth each into the token sale
>he unironically and unequivocally thinks pnk is actual Indians
>he doesn’t realize kleros is one of the most advanced teams in all of crypto
>he didn’t believe 4MOONXGG
Congrats, you failed the IQ test.

>>21877135
Seriously. Anyone who’s been around crypto for a few years can see this coin is hyped up useless trash. This is like bazinga coin “jokes on a blockchain” level of uselessness

>>21877309
link is hyped useless trash and it did fairly well until now