/biz/ - Business & Finance

>>23386101
why I think you are wrong, although I don't quite understand everything about Chainlink I do understand the following. As long as Ethereum is not scalable, smart contracts are probably not going to get used in the real world, this means that Chainlink is not going to get used in the real world for a while. Ethereum 2.0 takes a lot of time still. Now during that time things can happen, competitors may rise up either from the crypto world or the non-crypto world.

>>23386101
Cope.

>>23386134
lol

link's chart is identical to the typical pump and dump chart. the DEVs are also dumping their bags regularly, which should tell you something about the longterm prospects of the project.

>>23386134
ETH 2.0 is only 2-3 years out, tops. There are no other ethereum competitors. Other networks will have their place, but all will end up being roads to ethereum. Self-proclaimed “eth killers” will die a slow death. Don’t fool yourself

>>23386174
Based and retard pilled

>>23386185
what do oracles do exactly? They connect off-chain data with smart contracts? please explain to me like I am a retard.

>>23386228
you will understand one day soon anon, or not, its of no consequence to me

>>23386134
>2020
>still getting meme answers
this is so tiresome, I've been here for what? 3 years? bought a huge stack of link during these past years, I unironically put everything I had in link because I believe in the 4th IR, the smart contract economy and the importance of a ...decentralized oracle...no...CHAINLINK to this piece of shit meme market.

if there is 1 thing that has any value, and is actually used and is being useful, no matter the scalability or price, it's a fucking working secure decentralized oracle.
any fucking project that gets shat every day, is complete garbage without an oracle, chainlink doesn't need any fucking real-world adoption to become huge, since it's powering this whole meme billions $ space, it will naturally grow no matter what, usage can only go up, and chainlink can only deliver more products, they started as a simple decentralized oracle, now chainlink are solving big problems like scalability (tsigs), anonymity (DECO + TC), Randomness (VRF), L2 and much more...

Ari juels officially became head of chainlink research, and they are working on the whitepaper v2, which will focus precisely on scaling chainlink.

now imagine you (the brainlet you are) holding link for a sec, by holding it, you are actually holding a share of whatever ari juels will ever produce for chainlink, the greatest mind of this fucking space, no fucking Chinese or whatever the fuck scientist can get to his level. you will be holding a share of the future of this whole fucking space, and a share of what the greatest minds of this shit space will ever produce, and when I mean produce, THESE GUYS FUCKING DELIVER, they aren't some gooks trying to scam you.

>>23386255
according to wikipedia;

An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination.

So with Chainlink Sergey is the oracle right? I don't get why this justifies a 4 billion dollar market cap, he is not the only oracle working on a blockchain project. Is it because people think he is Satoshi Nakamoto?

Bot thread, human passing through

>>23386134
This is a board for whites only

No one cares what braindead normies think,. We already know link is going to $1k, its not a debate anymore. We are now questioning whether link is going to hit $81k. Make your analysis about THAT.

>>23386134

>>23386287

>>23386264
I think you are too focused on Chainlink, iExec also has decentralized oracles you know.

>>23386306

Yes

>>23386264
Based asf, biz doesn't deserve these posts anymore

>>23386328
INDUSTRY FUCKING STANDARD.

>>23386306
if link is going to 1k or 81k, why are the link developers dumping their bags every week at ~$10?

>>23386134
What part of blockchain agnostic do you not understand?

>>23386185
And this is irrelevant, but ETH's failures actually benefit link. The more ETH shits the bed (which is what its doing right now) the more desperate other solutions become, and it doesn't matter if it turns out to be arbitrum or avalanche or fantom or optimism, or if Ethereum gets it together even if vitalik said eth 2.0 is never coming out because link is behind all of them. LMAO if you think Sergey and Ari would rely on eth of all fucking things for link's future. why do you think vitalik hates sergey so much? sergey has trump card'd him and he knows it

>>23386365
How many coins do they have left?

>>23386381
well I don't like Chainlink, I don't like Chainlink because I never understood Chainlink, I saw you guys post about it back in 2018 and never gave it serious attention, I never gave it serious attention because usually everybody here is a bunch of retards. And now I have missed out on a 30-60x already, so I fucking hate it, it has gone up enough now, can we please not talk about this project too much, it just hurts me okay? it's sad but it's the honest truth. Have there been real suicides related to this project? I mean I must not be the only one suffering right?

>>23386419
Buy or cry

>>23386287
>according to wikipedia

>>23386287
> Sergey is the oracle man
yes and he has to independently verify each oracle call which only happens during business hours 9-11am Eastern Standard Time every second Monday.

>>23386419
I can guarantee there was a retard somewhere, that said the same fucking thing when bitcoin was mere dollars, and didn’t jump in. Now if you want to continue missing out on the single most valuable project in this entire space, be my guest.

But do keep in mind, you are buying chainlink at $10, not $1000. Don’t be a retard.

To maintain the values of ETH in the Hot Potato's system all the ETH collected from the Hot Potato's presale are to be allocated to Uniswap to provide liquidity for them.

>>23386440
well not going to buy now! I mean i could have bought Chainlink for 30 cents back in 2018 but I didn't, I laughed it off as a nothingburger. Not going to buy now for friggin 10 dollars! that's insane!

>>23386419
>>23386419
I can guarantee there was a retard somewhere, that said the same fucking thing when bitcoin was mere dollars, and didn’t jump in. Now if you want to continue missing out on the single most valuable project in this entire space, be my guest.

But do keep in mind, you are buying chainlink at $10, not $1000. Don’t be a retard.

>>23386328
what the fuck are you talking about?
know your fucking place you fucking mongoloid,i'm pretty sure you have like tops 2k$ in this shit market tops and you're talking like you know what the fuck you're talking about.
iexec cannot deliver any fucking working oracle, thas why they had to use chainlink, because they don't have the knowledge and the energy to build an oracle that can secure billions if not trillions of dollars.

you really think any company can handle that stress? gilles that fucking cuck he have no balls, he just wants his lambo and big mansion that's all there is to it.

>>23386486
the past is the past, look to the future. I bought at 10 bucks too. Your pride is getting in the way, I think

>>23386487
1000 dollars that would put Chainlink at 400 billion dollar market cap, that is insane, come on now, that is not likely to happen within the next few years.

I missed my opportunity, I remember in 2018 what to do, I saw all these videos on youtube about XRP predictions of the bearable guy with 589 dollars or something, so I bought it back then, fucking did nothing! Could have bought Chainlink but didn't, I think about it a lot lately, even makes me feel suicidal, I feel like I have missed out and be left behind in the dirt. it's so unfair. Can't you guys just meme another project like iExec and make it the next Chainlink? that way I get another shot at being financially indepedently.

>>23386486
So if you could go back in time and buy BTC at $10 you wouldn't?

>>23386515
We are talking about trillions son

>>23386101

>>23386496
I am just a small little fish yes, no need to be rude about it, I believe iExec gives developers the opportunity to build their own decentralized oracles, so maybe this has some advantages compared to Chainlink I don't know, but even without it they target different markets, I think iExec is the only decentralized cloud computing project in the world and has a lot of potential also.

>>23386419

>>23386486
>that's insane
it's over boys, pack it up, 10$ link is insane.

sell it all boys it's over

>>23386520
>>23386524
you guys are talking insane numbers! think about it like this, if oracles become too expensive for usage nobody will use them right? I mean the money has to come from somewhere right?

>>23386524
you're talking about nothing, because as smartcon demonstrated, the chainlink token is not needed and chainlink has no actual corporate partnerships nor a clear pathway to obtaining those partnerships. further, chainlink itself is a JSON parser, IE; something anyone can already get for free.

>>23386515
You missed out on being super fucking early. So what? Instead of having a mansion, a 70 foot yacht, and a super car collection, you’ll have to settle for a penthouse, a 30 foot yacht, and a GT2 RS. Is there really a fucking difference? Don’t let remorse cloud clarity

>>23386101
Defi is a race to the bottom. It's a good proof of concept/demo/background network useage...But you don't get rich off dealing with penny (well millionths of a) stocks.

It's nice to show actual industries that matter "look we secure X trillions" for their trust and faster adoption, but Chainlink is a premium service not a bargain basement undercutting chink scam.

>>23386547
>I believe iExec gives developers the opportunity to build their own decentralized oracles, so maybe this has some advantages

No anon, just no, this is stupidity. this goes completely against decentralized oracles in the first place. How is it a decentralized oracle network if everyone is using their own fucking oracles? This is absurd.

>>23386547
iexec and chainlink have nothing in common, and no, saying that anyone can build an oracle on iexec is as retarded as saying anyone has internet and a computer so nayone can build an oracle.
iexec is a retarderd project, bring computation to a fuvking market that isn't scalable, what a fucking genious idea.... seriously people why buy into the iexec mele shitcoin should kys.

>>23386365
Why do you go to work?

>>23386566
18 decimal places

>>23386566
if it secures trillions of dollars, price doesnt matter.
also chainlink with tsigs is solving the scala ility and cost problems

also you dont seem to understand that chainlink is blockchain agnostic and cost of transactions can be addressed by simply using other chains than ETH, but ETH 2 is coming and other chains have no usage.

>>23386569
You had 3 years. You know that the new technology banks shifting to is all about API

>>23386584
computation with iExec happens off-chain, I think it's due to the proper combination of on-chain and off-chain technology iExec is a competitor in world of cloud computing.

>>23386566
Smart contracts cut the normal cost of doing business hundreds if not thousands of %. You really need to dyor and understand what value in society SC-CL is trying to capture...literally all of it.

It's not valued as a company or even a market share in crypto...It's valued in % global GDP, and that number will end up north of 50 quite easily.

The absolute cope of stinkies

>>23386657
I guess I should buy some linkies then just in case...

>>23386677
checked

>>23386723
thanks for the check.

Will 50 Chainlink tokens allow me to have a decent life in 5-10 years?

>>23386629
but there's no reason to use chainlink and buy these expensive tokens, that's my point. you can do what chainlink is doing, without buying a token.

>>23386762

Jesus we've literally recycled back to 2017-2018 FUD.

I literally sold chainlink a month before the 30-60x

fml

ITT: delusional cultists

>>23386813
I know how you feel, I didn't buy but you are worse than me, you DID buy but you sold too soon. I hope you make up for it in some other way.

>>23386831
I had to leave daytrading and was fed up bc I lost a significant portion of my portfolio in Vechain (fuck the chinks), so I sold everything to btc/xmr. Came back to check few months later.

>>23386849
I feel you man, did you miss out on life-changing gains though?

>>23386101
> Op is wrong and chainlink will fundamentally hit $1k because Sergey is Satoshi and accidentally almost came out with that recently.

It was fun back then at the beginning but now shills are becoming desperate and pathetic in those threads, which makes anons finally selling.

>>23386101
xrp will hit 2k. chainlink will hit 10 cents eoy

>>23386134
L2's and ZK rollups already increase Ethereum output capacity by several tenfolds. Optimistic rollups and Arbitrum released in mainnet before eoy

really wanted to take this post seriously and then you said eth would 100x to 4000x

fucking delusional

I'm just pissed that in 2017 everyone only said to buy 10k links and put it away. Why didn't you fuckers say 50k is a make it stack. Fuck. Instead I bought req and quantstamp and airswap and only 10k linkies

>>23387529

Ethereum is literally the future of crypto you brainlet.

>>23387675

right and it's going to 100x to 4 THOUDAND x

fucking stupid moonboys. You are between 18 and 22 years old

>>23387529
>>23387765
He is talking about TPS you absolute cuck.

it's a sad pill to swallow, knowing I put my own financial interests above my ideological beliefs and chose to invest on the dark side winning rather than futilely attempting to fight it, once I become a millionaire thanks to my dear token hitting one thousand american dollars by the end of the year, it will be a sour celebration for me, for by joining the elites I will have also betrayed my own community, while I will be enjoy caviar, champagne and cocaine off the anuses of prestigious prostitutes, the rest of you all will have nothing to eat but spiders and ants and other disgusting insects thanks to the progress of the fourth industrial revolution and the ushering in of the great reset.

oh well, however bittersweet a victory it may be for me I'm sure I'll eventually be able to let go of my guilt and simply enjoy my hedonistic pursuits with very little concerns or conscience issues after a while; perhaps I'll simply donate to a good cause once in a while, yes I'm sure this will fill the void, after all isn't that how they all do it, the ego must preserve the illusion, twisting, rationalizing its own actions as ultimately driven by a selfless goal, a grander design, yes surely this all serves humanitarian purposes, too large, too complex, that the general public couldn't even possibly grasp, therefore it is our duty as rulers in the dark, rulers from above, to guide the masses, against their own will, but for their own good, with our invisible hand, a just hand, iron but fair hand, we must never compromise our resolve, whether you like it or not, you will eat them my friends, oh yes, you will eat the bugs

>>23386306
Google Chainlink Labs careers, those roles cost money. SmartCon1 will be 2-4 times as big as last year, that will need funded ahead of time. Think about future acquisitions that Sergey may be lining up. You can’t turn to Ed Felton and offer to pay for Arbitrum when Link hits 81k in 2030... They are financially positioning themselves for longevity. You need to amass a full war chest to play games with the big boys, think of what is happening similar to slowly DCAing into a long position, that’s what they’re doing. Sergey knows he will be rubbing shoulders and striking meaningful deals with very wealthy and powerful institutions over the coming decade, he is building a position of stability for his project of which he can’t be out levered or pushed around in these dealings. Everyone’s worried about staking not showing up in the next 3 months, but Sergey is preparing to go to war with banks, Wall Street and governments. He has the means to make them even more efficient, wealthy and powerful, but he will make them change their ways through decentralisation. Can he convince them to make their money not through centralised corruption but through new decentralised enduser friendly means. I think he’s convinced them the gig is up and decentralisation is inexorable. They must change of be left behind. They listen because Sergey is of their ilk, a cold cut capitalist at heart, but with a deep mind and fair heart. He foreseen a financial ecosystem where users AND institutions can both win. And I dare say we’re at the acclivity of the chain of events that will make his vision a reality. 1K is fud.

>>23387923

the only people that think like this are the ones with a mind idle enough that they hold less than 2k link, which is you my friend

>>23387955
Checked. Solid post

>>23386134
Fucking hell at least spend a little and hire some whites that speak English for fudding

>>23386751
god I hope so

>>23386264
>it's a fucking working secure decentralized oracle.
token not needed though

>>23386134
Arbitrum bro.

>>23386566
The cost of use is in fiat. I keep seeing this argument and its dumb. There are 1i decimal places for Link.

Lets say the cost to use Link for a price ref. is $.50 - if Links price rises to $1000 then the cost is .0005 Link (please check my math here)

The point is the price of Link services does not necessarily rise with Links price action.

>>23386569
>Link token not needed

I dont need Visa to shop either, but using it is easier than starting up my own internationally accepted banking system.

And this is why its being adopted.

>>23386751
No, keep buying every week/month, anon. You won't get rich with 50 link but you will get a nice stack of cash.

>>23386365
If they were exit scamming, they’d be timing local tops. They don’t, though, because that money is being used to subsidize node operators for the time being.
You’re a retard.

>>23386101
>No unique use case
>Atrocious transaction times
>Astronomical transaction fees
>Not scalable
>Has all the problems of all PoS coins

Tell me again why this PnD shitcoin will get to $1k when it's entirely valueless in the face of better projects.

>inb4 we will fix these problems some date in the future

Why should anyone give a fuck what your old boomertech MAY do in the future when there are already projects that blow it the fuck out?

>>23390103
>subsidize node operators
that's one funny way of saying throwing cash at family & friends

>>23389863
This is a false equivalency. Visa works in varying regulatory environments where link can just be copy-pasta'd. You can't just subvert visa and unlike chainlink, visa isn't obtrusive or expensive.

>>23387529
>>23387765
OP was talking about the eth scaling not price you retarded boomer kys

This thread is full of 2017 fud, it's already been debunked.

It's so tiresome. I don't even know why am replying to obvious link holders just trolling.

>>23386101
If Link hits 1k Ocean Protocol will hit 10k

Link sits outside of projects capturing some value when they interact. However data flows far more freely within and across projects, meaning the data handler will capture more value. Like Link Ocean has no competitors for what it does.

Link staking will begin once Ocean staking has been shown to add value. Trent is tasked with creating both. He did the tokenomics for both.

Good luck all!

OK so we already know everyone on /biz/ will have 8 and 9 figure portfolios because they bought chainlink. I'm getting tired though I truly believe in link, but I am ready to take things easy now. Working is hard. I'm a covid icu nurse. I especially am sick of this bullshit because nursing is bad enough when I didn't have to put on a spacesuit for every room I go into. Work up a sweat, doff, and then I'm freezing. I max myself because I'm cheap but holy shit is it torture when the furs start coming back and you go from sweating to chillbumps.
I don't need much, $k/wk from steaking and I'm out, will just live off returns. I'm a simple man too, I can't comprehend shit like (stack size)($81k). I'm content with my own nice, little place and money coming in faster than I can spend it even if I try to outpace it. I need it to happen soon because I'm getting sad waiting and I don't like being sad.

>>23386287
Lol yeah dude Sergey is the oracle

>>23386174
Dumping while aggressively hiring and incorporating link into new deals.
If it was a scam he would’ve dumped it all at 16 and never looked back.

You need capital to re-invest into the product.

>>23386134
>He knows

I'm gonna ask you to delete this

>>23386101
Cope

>>23386185
Cope

>>23386209
Cope

>>23386323
Cope

>>23386360
Cope

>>23386487
Cope

>>23386572
Cope

>>23386101
pure delusion, take your fucking meds

>>23386365
Node operators need to stay solvent until steaking.

>>23386287
kek

Sergey dumps millions of LINK each month, but the price still hovers at $10. what happens when Sergey has no more LINK to dump?

>>23386134
You realize that the entire value proposition of most projects in this space except P2P cryptos such as Bitcoin are fully dependent on a functional oracle network to create real world applications.

The value proposition of a blockchain is a secure tamper-proof environment but their only viable use case up to date has been moving tokens around which doesn't really add any value. It makes no sense to have a decentralized network if the data is centralized or easily gamed.

https://www.youtube.com/watch?v=7ECeIK5_tXk [Embed] [Embed] This really covers the use cases of '' a single source of truth'' which a network like Chainlink will enable and just how important Chainlink is for any of this to succeed.

Every single project in this space will be dependent on an oracle provider to have a real world value, speculating on the leading oracle solution ( due to Chainlink's network effect ) is essentially making a bet that blockchains and smart contracts will ever have any real world value

>>23392311
Only 600,000+ left to dump

>>23392528
600,000,000 forgot 3 zeroes lmao

>>23392528
>>23392549
Then sell you pussy faggot. It's as if you need to spend money to make money

>>23386486
>n00bs biting this bait

>>23392087

>>23392599
never selling, just fudding for fun

Newpasta

circ supply just changed to 388M on cmc. should we talk about this

>>23386264
Based af

reddit still doesn't get it. How can this be so?

>>23386287
This guy just solved the oracle problem. Thanks, anon. wagmi

>>23386101
My weekly moonshot channel “Uniswap Chads” previously brought you:

Bnsd finance, 380%+ pump. (Hot tip)
Mafia.network, 35%+ pump. (Moonshot)
Chess coin, 100%+ pump. (Moonshot)
DogeFi, 100%+ pump. (Moonshot)
UniCrapToken, 120%+ pump. (Moonshot)
AllianceBlock, 55%+ pump. (Hot tip)
BaconSwap, 220%+ pump. (Moonshot)
Toast.Finance (House) 125%+ pump. (Moonshot)
Fiscus FYI (FFYI) 60%+ pump. (Moonshot)

I do weekly moonshots and 500+ chads have already joined my channel and many of them are already profiting from these epic pumps!

I am making my own set of rare, limited edition, NFT’s which will be distributed to the people in my channel. The use case of these NFT’s will be announced once they have had a few weeks to become more distributed (I will give away 6 NFT’s per week, which is 3 per moonshot, since I do 2 moonshots per week). The winners of the NFT’s will be decided by 3 criteria. 1 NFT will be awarded to whomever purchases the most amount of the moonshot token, 1 NFT winner will be randomly selected from all participants and 1 NFT winner will be awarded to whomever buys the token first. (If multiple Ethereum addresses all managed to buy in the first block after the moonshot is announced then it will go down to a random draw between those that got into the first block.) Moonshot participants have to purchase the token in the first 20 minutes or they will not be considered to receive an NFT. The utility of these NFT’s has yet to be announced although I can say that holding them will have some very sweet benefits.

Next week’s call is going to be an ultra-low cap coin with STRONG pumpamemtals!! I'm predicting a MASSIVE pump.

t.me/uniswapchads

>>23386101
>10.28 while BTC pumps
Fundamentally, congratulations on this stinkies. Seriously

HAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAGAHAHHAHAHAHAHAHGAGAVAGAGAGHAHA HAHAHAHHA AHAHHAHAHAHHAHAHAHAH HAHAHAHHAHAHAHAH AGAHAHAHHAHAHAHAH

>>23393968
>>23393926
Wait for the pump. 1000 EO2021

>>23393968
Did you buy it 7 days ago?

>>23386333

Absolutely checked

>>23393968
Zoom out, buddy.

The banks will just come up with their own coin if crypto gets mass adoption

prove me wrong

>>23394965
>bank makes its own crypto
>thinks anyone is gonna trust them after the dollar tanks

>>23386101
MC of link is $1B. Value of defi secured by link oracles is $4B. Link is currently undervalued by a factor of 4 and we are just getting started. I dont even pretend to try at work any longer. They'll probably fire me but idgaf cause my linkies stay super stinky. We are all gonna make it.

>>23393508
That seems bad

>>23395118
about how many do you hold to achieve this comfiness? I think im close but im only moderate levels of comfy ad not trying very hard at work

>>23386287
at first i thought this was dumb but now im starting to understand you're right

>>23386264
>...decentralized oracle...no...CHAINLINK
Quite the elegant simplification of terminology, right?

>>23393542
still remember this thread. was cool.

I agree with OP. And its not because of memes. Just DYOR. Watch Sergey's videos about it. He touches a real issue with smart contracts. Chainlink will link Ethereum to real stuff, thus allowing for a real system of payments.
Forget about bitcoin becoming a currency. It will never happen. The Core team (financed by AXA) just killed it. Ethereum have all the prospects, and LINK will make this possible.

>>23392086
Nolinkie detected

>>23386287

>>23386419
Holy....Just buy now dude, you have the opportunity to make 100x. Suck it up and buy it now.

>>23390103
>If they were exit scamming, they’d be timing local tops. They don’t, though,
thank G-d they don't do that

>>23386486
Bait, reads too much like that ETH guy

>>23387306
The reverse

>>23387923
Why not use the $$ to help your community?

>>23387955
Epic check

>>23390154
>xrp
LOL youve been at 24 cents for 3 years when you could have been accumulating The Link

>>23387923
Nice pasta, I think I'll take it

>>23393121
Top kek

>>23391099
5 years tops anon. You can do it. The future is now!

>>23391099
1k eoy 2021, prob 5k+ eoy 2024

>>23387923
>gets rich
>turns Jewish
Tale as old as time

>>23394137
>$9.97
Congratulations on this, seriously.

>>23396842
>tfw $9.97 is FUD
Bros... We're all going to make it still.

>>23396735
Let’s break $25 first moonboi

>>23386287
Imagine chainlink 2.0 decentralized sergeys

>>23386515
this guy is some kind of chainlink shill, theres no way

>>23386264
There is one thing which concerns me a bit.
Why do they need a v2 for their whitepaper when they already have a initial product and planned known extensions to it for the next years?
Wouldn't a live demonstration of use cases be more useful?
A whitepaper means they need more investments for their future and have longer term plans for then ext 10 years.
Do they plan a new ICO?