/biz/ - Business & Finance

>>26210691
eoy?

why will link be $1000

>>26210691
Moon when sir?

why do we never get to hear steve speak? why does sergey keep him locked in the basement and deny him bigmacs?

PRQ or LINK?
I feel like LINK has kind of had its "great" growth potential already, especially now you see lots of people here with 20K - 50K LINKs

Do you think that LINK being in the top 5 marketcap is possbie?

honestly though what in the fuck is a "smart contract"

Is 100% in link stupid? Plan to stake most of it.

>>26210691
Fuck off and die

>>26210749
This. I’m in love with Steve. Please let him talk.

Who is Jason Parser?

>>26210691
Also is Swift still happening?

>>26210710
He doesn’t do price predictions anymore but I will
I said since Jan 2020 link eoy 2020 would be $8-12 and I nailed it
This year I’m predicting $50-80

Why is it pumping so hard right now? Will it ever be under $15 again?

>>26210691
Are you concerned about Chainlink remaining within ETH architecture? Is it actually blockchain agnostic?

>>26211189
it is in fact the opposite of stupid. Samuel Hyde said so!!!

>>26210691
What do stinkies smell of?

>>26210691
Why do projects like GRT Release with staking and Chainlink has no staking network? Is chain links price ahead of its price in comparison to other projects?

How did /biz/ catch this so early? How did they catch RaiBlocks when it was just a GitHub repo?

>>26211346
Combo of the entire market going up, maturation of product, and increasing network activity.
I doubt it, and if it does happen it’s very unlikely imo that it’ll be anything more than a wick

>i look frighteningly like the man in the op
im ngmi bros

>>26211826
pic in OP is pretty handsome though, has some good features.

>>26210691
will it really reach 81k per link within the next 10 years?

>>26210710
Depends on passive income from default functions of the node (VRF, Arbitrum, DECO, CanDID etc.)
>>26210721
Because (value capture)*(value add)*(speculative multiplier) will eventually be > $1000
>>26210742
Sometime between now and when all of the following are finished and live:
- Tier 1 (default node function only) staking
- Arbitrum
- DECO

Adding job specific staking via service agreements is the cherry on top
>>26210749
I have never met him but often times those types negotiate with their cofounders that they specifically never have to do any of the public facing work.
While working with some subsegments of the general public is fun, interacting with everyone who is interested in something like chainlink is definitely not
>>26210923
If you take every crypto project in the top 200 and give them the benefit of the doubt that they fully deliver on their use case, then chainlink captures more value than the entirety of the rest of crypto combined.
Also good news that the team behind chainlink is the absolute definition of delivering on promises (though not as fast as /biz/ would like)
>>26211074
Code run on a decentralized network that uses parametric inputs to execute without the need for a trusted third party

Is it still worth buying at this point if you don't have any?

will there be a <100 LINK club someday?

>>26211334
God that's extremely depressing. You're actually saying Ive got what looks like AT LEAST another 2 years lurking this dump before it hits $200 then? This is worse than a prison sentence

>>26210691
What happens to the Link set aside for incentivizing the network once a scaling solution is in place and customers begin paying for data with their own link?

Thanks fren.

>>26210691
How do you respond to people that say chainlink is centralized?

why did sergay betray? is it true that their two man team of philosophy majors has been squatting in a mcdonald's bathroom in the cayman islands? when big mac index on feeds.chain.link?

Why did they choose the name Chainlink instead of something cooler? Chainlink makes me think of a fence. If they named the coin "Skybound Crypto Slayer" or "Infinite Price Targets" or "The One Coin You MUST Own" or "One Million? No, One Billion" or "Targeted Strike Capability" or "Tomorrow Just Died" or "Primary Colors" or "Sevendust" or "Tricky Robotics" or "Serious Money" or "Don't Hate This Game" or "Two" or "Laser Birds" or "Ben Folds Five" or "Explosions" or "Immediate Success and Immediate Justice" or even something else it seems the project would be going a little better. Yet they settled on Chainlink, and a lot of us are wondering why.

>>26210691
what percentage of my link holding should i be staking right now? What kind of returns should I expect and is it safe?

>>26211189
So long as you have other investments (house, stocks maybe PMs) then it's fine
Everything in crypto is still an emerging asset class even if it feels like it's been around forever now
>>26211215
Will do
>>26211286
Chad 'O Fork's worst nightmare
>>26211326
Swift kind of can't not happen
Imagine you're a bank and there's this thing that is setting up to use the back end infrastructure you already have in place and trigger millions of payments/balance checks and pay you every time it does any of that. Is there any way you're going to say no?
>>26211346
Anything is possible in crypto, that said we're in a post halvening period that has historically been good for BTC and the overall crypto MC. Given that CL continues to be developed and the overally crypto outlook is fairly bullish I'd put the likelihood of that under 50%.
>>26211447
Ironically CL being native to ETH is insanely bullish pricewise:
- ETH is slow, this pushes traffic to things like arbitrum
- If you want to bridge CL to another chain, you need to lock ETH based CL to do so
- If you want to lock that CL, you also will likely want to pay CL nodes to verify that those locked/minted amounts are equal, further increasing link demand
- All of the above is true for literally every chain that link wants to "run" on. Imagine 2-100mm link locked up on ETH for every Corda, Hyperledger, Stellar, polkadot, BSN, and every other execution chain that wants to play in the big leagues. It could even get to the point where an execution chain isn't considered legit without having a certain threshhold of link ported to it so that it has relevant contract inputs and outputs.

And there will only ever be a billion Chainlink.
>>26211519
Cotton, Linen and cocaine

>>26212222
Basically ya, on the upside you got quads.

>>26211567
Staking means different things for different projects. The kind of staking chainlink is working on (two tiered for default node operations like an execution network plus job specific staking) does not yet exist.
>>26211678
A place where ideas are evaluated only on their own merits is a powerful thing
>>26211826
Steve is a chad tho
>>26211884
See?
>>26211889
Not sure if 10 years but I would guess that the entire offering will be done by then; at that point all that matters is how quickly the network's use permeates all aspects of the economy.
>>26212080
Yes
With every early stage project plan on buying and not starting to sell for at least 3 years
Do that with Link and you're likely to do very well
Just like everyone who bought sub $1 in 2017/2018
>>26212154
Already is
>>26212222
Checked
And if you're upset about a +900% outlook over two years the problem is you
>>26212247
I would guess it gets used for:
- Bridging token to other execution networks as above
- Buying more apex tier talent like Benedict Chan
- Incentivizing other top tier infrastructure providers to launch nodes like T systems did
- Perhaps allowing temporary collateral to the absolute highest value contracts that nodes might not otherwise have access to if something like ISDA starts funneling traffic

>>26211826
>>26211884
you know who that is right?

>>26212299
I would direct them to the documentation showing them how to spin up a node and start offering node services right now
Just because nobody wants to use anonymous low uptime nodes now doesn't mean that will be the case forever
>>26212381
delet
>>26212467
It's almost like the project is put together for extremely high functioning people and institutions who are smart enough to see value without the pop and sizzle need to market makeup to the overweight general population.
>>26212524
Link network staking is not live yet

>>26210691
>>26212878
Second question anon!
Is Arbitrum just a temporary patchwork solution until Eth 2.0 comes along, since ETH 2.0 will allegedly run 100k TPS??

>>26212987
no, who?

>>26210691

What would you add to a reading list for LINK newbies (besides the WP of course)

>>26210691
how many link do u own and what are your sell targets? what APY will 'staking' yield? will neets and holders be able to benefit from staking or just token appreciation?

>>26210691
LINK ALBT QNT OCEAN . That's ALL you need

>>26212467
You need to take a while fucking guess why they called it chain link, neckbeard.

I made a thread the other day and no one gave me a satisfactory answer.

To make a long story short I currently operate an API that feeds weather data with very high resolution (you can have micro climate information across a city) to clients. I'm scaling this project and I was looking into how this could be implemented on a chain.
How does link allow my data feed to be used for contracts? Wouldn't it need to check my data against other providers to validate I'm not feeding bullshit?

Where is Sergay from? Russia?

OP why are things like eea and interwork so stealth?

>>26210691
Should I buy now or wait for a dip?

>>26210691
how much can Dan rep on the bench

>>26212222
What I think people are forgetting is the mania of a bullrun. Most of us have been here since below a dollar. I won't speak for other anons but it's caused me to curb my expectations tremendously. Like summer 2019 when a lot of people thought for sure it would bust through $5 and 1k eoy was reality, and then crabbing for 8 months. This time it's unironically different. My bet is $200 by June and my genius TA says it could go higher or lower than that by eoy. If eth could hit 1300 last run I don't see why Link would be any different but Eth also didn't experience a lot of the price suppression Link's endured

>>26210749
if my boyfriend looked like that i wouldnt let him out in public. someone else would snatch him up! id keep him chained to my at home ;D

>>26212878
what's the hottest top 2 coins to buy right now, apart from Link.

Also what do you think of PRQ honestly

In your own opinion, how likely do you think it is that link will succeed and be a major component of the economy one day?

>>26213898
Your question did get answered and you just answered yourself again. Your data is only "true" if you can compare it to other data sources in the same area that agree with your data. If you set up multiple data points, or others set up multiple data points, then an average data conclusion can be drawn and "verified"

>>26212222
Ill post a reply with hopium but only because you got the quad little ducks in a row. He said eoy. He didnt say how high it will go to throughout the year. When bitcoin shits the bed from ath at eoy it will drag all the market down with it. Maybe

>>26214580
>economy
it's not a payment mechanism or a store of value, it's a network middleware. think a global computation infrastructure that is incentivised. if you run nodes you could be paid in LINK but odds are you will be able to choose any currency you want to be paid out in and the network will swap LINK for that currency. the value of the network is enormous but it won't be like you're buying shit on amazon with LINK, its all backend.

How can neetnodes participate in baselining?
How can neetnodes participate in VRFing?
How can neetnodes participate in Arbitruming?
How can neetnodes participate in Chainlink?

>>26213059
I think we talked about it in another one of these threads but I would guess that the network that controls the outputs ends up controlling the entire SC flow. Put another way, if your enterprise software interfaces with CL it will likely default to link inputs, arbitrum execution and link outputs unless you specifically select otherwise. For things like dex backends I'd guess the creators will work hard on minimizing execution costs, but for normal users CL basically has the whole offering.
>>26213293
I'd start by searching youtube for sergey nazarov and watching every video of him in chronological order (oldest videos first)
>>26213354
Plenty
I sell a small amount every month (as i do with every asset in my portfolio that ends up being a disproportionate portion of its value)
For staking: the moment it goes live the price of the asset will quickly adjust to APYs of just staking income being <5%. If you got to hold link and get reasonable passive income it would be too good a deal, especially with the network expected to grow. I would expect several years of significantly appreciating link price with low default staking APYs in the 0.5-3% range until the network becomes fully mature.
>>26213384
I agree with 1 of the 4
>>26213898
It only needs to check against other providers if there are other providers offering the same granularity of data
Alternatively it could accept a city temp with +/- x% variation within city.
I assume you've talked to Thomas Hodges? If not start there. You'll definitely be in line as there aren't big markets waiting on your data but I would strongly recommend you make those relationships now and get your place in line.
>>26213992
Firstmark
>>26214060
Public facing images take work. That's why PR exists.
If you don't have to pay for it now, would you?
>>26214069
In general buy now lump sum outperforms DCA and waiting for dips for long term assets
>>26214094
Looks decently in shape and on the shorter side- over 200lbs

>>26215027
Also DECO/TLS

What happens when few wallets hold majority of a coin? Doesn't this imply decentralization going out the window. Ownership via equity = Still a central authority at play in manipulating the value of the coin

https://cointelegraph.com/news/more-than-80-of-link-is-controlled-by-125-wallets

>>26212987
WHO IS IT

>>26215091
boring fud is fake and gay

>>26210691
Still worth to get in now?

I like these threads altho i‘ve been here since assblaster and dont need the info im happy others can get serious info as well

In simple terms, what exactly is chainlink and what is the value and use of its token?

>>26210691
where should I keep my bags?
should I park them in celsius?

>>26214148
This is true, the downside is that assets that are marketing smoke and mirrors do best in mania and chainlink is the opposite.
CL appreciated 500% in a bear market, it probably won't be the next tron or verge in any coming bull market
>>26214461
I don't talk about anything other than Link in these threads
>>26214580
>70% during the life of the project
>>26214967
This is a good perspective
How many people know the development of HTTP? How many consumer level people even know what HTTP stands for? Or TLS?
What do you think the marginal value of those protocols is?
>>26215027
No
Yes
Yes
Yes

Would I be retarded to buy in now?

When do you think that Arbitrum will be released? And do you think that it will be released in beta stages, similar to Optimism?

>>26215410
One of the last times you talked about orthogonality features of assets you are looking for. Do you like DIP in this regard?

>>26210691
I have 800 linkies. How do I stake them to get to 1000?

>>26215091
There not whales.. those are funds to incentivize the network growth.

>>26215084
Yes
>>26215091
In an execution network this is partially true
It is not true for an oracle network
Also note many of the wallets you referenced are exchange wallets that represent the holdings of many individuals
>>26215094
Steve Ellis the cofounder of Chainlink
>>26215146
Yes
>>26215166
Yes, see above
>>26215223
Glad to have you here
>>26215296
Chainlink is the internet of trusted data and real world value
Ownership of the link token is proportional ownership of the value of that network
>>26215359
You can but you should wash them after jess gets done with em

>>26215627
haha but seriously do you think there's a better option?

>>26215410
>chainlink is the opposite
Good point. Thanks for sharing knowledge with the nulinkers. I've been here for years and been in most big threads but can't articulate a lot of what I've learned

There's been no discussion on Biz about some of the new node operators that have been onboarded such as Finage, Twelve Data, Trademade bringing thousands of potential data feeds on indices, stocks and FX.

What do you think is the significance of such data providers starting to onboard? And will OCR/ threshold signatures allow the Chainlink team to deploy new feeds more rapidly?.

>>26215671
I've got some of mine in the alink yearn vault, just make sure gas prices are low when you want to get out or you will end up with less than you started with.

Thank you op.

What other projects do you have your eyes on?

Where can I stake my Link and earn some interest now?
Any trustworthy DeFi project backed by smart contract to lend my Link?


Great thread. We definetely need more of these. Please come back.

>>26215834
theres hundreds of more nodes incoming, they've been accumulating OTC for years behind the scenes. no one wants to make the first move. it's just a matter of time and patience. think dominos.

>>26211953
>chainlink captures more value than the entirety of the rest of crypto combined.
I intuitively understand how being an important middleware and the biggest attack vector is the essence of value capture, but could you take a game theoretical point of view and expand more on this?

>>26215069
>I'd start by searching youtube for sergey nazarov and watching every video of him in chronological order (oldest videos first)
This is actually great advice for newfriends

Once it goes below 20 we going back to 20

>>26215627
>no yes yes yes yes yes
But how? "Just run a business bro" is hand wavey.

Some people note that Arbitrum has already lost to Optimism (despite having a superior product) as they have captured big names in DeFi e.g. Synthetix - what is your view on how this plays out?

I’ve heard the graph is chainlink in reverse. Is the graph as important as link in a sense?

>>26215429
If you bought BTC 3 years after launch and held it for 3+ years would you regret that investment?
>>26215473
I would guess Q1 given offchain lab's public facing statements about trying to launch Q4 and now working overtime because they missed that date. That said they are apparently using the same audit strategy as CL uses (effectively exhaustion of auditing) and we're all familiar with how safe but slow that approach can be.
>>26215475
DIP is effectively a use case for smart contracts. I would view DIP as orthogonal to non-overlapping use cases like AMMs or DEXs but not to core smartcontract architecture like link.
>>26215536
Link staking is not live yet
>>26215611
Yes
>>26215671
Cold storage until there are significant APYs available in excess of anticipated link price appreciation with staking outfits with provable collateral
>>26215824
Glad to have you here
>>26215834
I think you're right on point.
No reason to onboard providers of high granularity rapid data unless there is an immediate plan to drop the cost of the price feeds by orders of magnitude.
Best guess is many of these will launch as OCR only and maybe as beta Tsigs feeds. If that goes well for a long period of time the pure ETH based feeds (except maybe Eth/link and Link/USD) may go away.

>>26210691
Anyone else on 8kun /biz/ aswell?

What's going on with the rumors about Chainlink and China?

>>26216679
how many actual insiders or CL teamsters drop real crumbs on biz?

r u spooktheducks

>>26216787
no but want to make the change. Last time i was their noone was posting and you couldnt talk aboout crypto

I've been lurking for 2 months and I started investing this year, I brought 10 linkies for $13 each one... I'm going to be dropping $200 per month into crypto, should I buy only linkies? I'm planning on holding for a while.

>>26215992
I don't shill any projects except link in these threads
See above for seeking yield in link now
I currently just hold it in cold storage
>>26216049
Bitcoin is permissionless inflation resistant value transfer with 100% uptime 24/7 and a number of drawbacks (transparent ledger etc). It's reasonably mature with respect to price
Chainlink is a replacement for third party trust services in value transfer. Think the total value of contracts lawyers, non criminal courts, accountants, trade finance, payment processors etc.
Chainlink makes all of these services cheaper and higher fidelity and captures a portion of their current value while opening up a large number of currently impossible or non-feasible use cases.
>>26216077
He really gave away a lot in the early days when nobody knew who he was or what chainlink was
>>26216113
OK
>>26216122
Chainlink has excellent node operator documentation
>>26216351
It depends on what the scaling user needs. I think in the end the project that controls the contract flows is the one who controls the smart contract inputs and outputs so long as the execution layer is of acceptable price and throughput.
>>26216467
Either I'm not smart enough to understand graph or it's a project trying very hard to make a splashy argument for investors by charging nothing for its services and onboarding use cases that will never pay them.
Honestly no idea which it is

>>26217137
>Chainlink has excellent node operator documentation
I think you're deflecting, like everyone deflects this conversation. ~30 nodes sure are killing it rn, Framework made it right in!

>>26217003
Current portfolio

>>26216993
I've been shilling it to based posters, but growth is slow. Wouldn't want it filled with newfags.

>>26210691
how much do you expect link to go up in 5 years?

10?

what do you think about

anatha
orai
ap13
grt
polyient games
monero

>>26217281
dooing good work anon

>>26210691
what do you think of PRQ?

>>26216798
I know for a fact that many core team members browse biz.

>>26210691
thanks anon, i've been following these spoonfeeding threads for a while
ever heard of a project called decentr? i havent felt this way about a project since link 2017 in terms of its ambitiousness

>>26216787
there's a biz on 8kun?

>>26217510
So if devs browse here then:
>Print this in the office and glue it on the fridge or a coffee maker. Make it happen!

>>26217625
Yes.

What Total Market dominance do you think Chainlink will achieve in terms of % in the following years?

>>26216788
Chainlink is integrated into the chinese national blockchain project BSN
We're way past rumors now
>>26216798
Maybe in the early days
Once anons started posting nazi memes to Chainlink's twitter accounts any hope of that died
>>26216948
No
>>26217003
So long as you have other real world investments and savings, sure
>>26217211
Its not that hard anon
Read as above
Start node
Prove you can run node
Contact chainlink with your performance and do their proof of legitimacy
>>26217244
See above
>>26217293
A lot
I don't talk about other projects in these threads
>>26217436
See above
>>26217510
I wish they could chime in on these threads and just correct me where I'm wrong
Over the years I've been mostly right but I've definitely been wrong too, wish they could drop the embargo just for that
>>26217594
Glad to be here
Looks a lot like many other "you own your data decentralized web" projects. I'd be careful unless they have a world class team full of veterans who have successfully launched decentralized networks in the past

>>26217244
I'm of the opinion that when you're investing with peanuts diversification doesn't make sense. Invest with conviction. Maybe Cardano or Stellar or even Link doubles. Cardano and Stellar you've got $40 and $12 respectively. Read these threads and maybe you drink the koolaid and believe Link will achieve what we all think it does. Would you rather have doubled your $20 in a few months or be holding a piece of the 4IR in 3 years?

>>26217868
>Contact chainlink with your performance and do their proof of legitimacy
That seems to work for the VCs that funded this centralized scam with extra steps. Hate to see it, anon.

>>26217868
cheers fren
are you *F**L?

>>26217594
wasnt that part of holochain?

>>26217840
Depends on what you call and how describe a "market".
Chainlink will own 89%+ of agreements and digital signature market.
Transaction markets will still be owned by eth and those binance chains or what are those...

>>26217868
your favorite vtuber is..?

>>26211826
So? He's a normal looking guy

>>26210691
Does Chainlink have connections to the nwo?

>>26217868
Can I apply for a job, my qualifications are that I have been here for too fucking long and I know a little bit of HTML.

Based

>t block 478

>>26210691

>>26218006
don't want to ruin the quality of this thread
in brief: they're in collaboration, but decentr and its tech are blockchain-agnostic

>>26218026
I meant total market cap value. For example right now Link has 0.9% from the 1.03 trillion dollar value

bump

>>26210691
Do you see the time traveler horseshit about 81k in 5 yrs or so being remotely possible?

Thoughts on this? Has staking been delayed?

>>26210691
How many more wallets does Sergey have to dump? I only have this one, and it has 11 million remaining. Also, what's going to happen to the 350 million LINK that is supposed to support the network once it gets going?

https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db

Let me spoonfeed you

I used to see linkpool at 12K an LP and thought it’s too expensive who wants to keep their link in someone else’s hands anyway and I bought the FUD here. That bitch is trading at 100k an LP now. What gives is this the easiest way for non technical people to stake, or will we have other ways or will they too put up 100k barriers to entry? Kind of assume price appreciation will be enough for us OG big stack holders

New financial overlords

Why a token? What justifies the team to have 35% when Chainlink is a decentralized oracle network, it's basically done?
Can you justify that it's "it's for financing the project" and not a scammy/greedy choice?

>>26217868
you're all good man. they do chime in and shitpost but you'd never know it. they mostly browse to feel out the sentiment. I personally know of 3 core team who read here, but not all the time yknow.

>>26217822
lol they even have the haircomb pajeets there. But does not seem to have a lot of activity though...

>>26218508
Go back to papers and read up on what is 350m tokens for

>>26218368
It will be used as a vehicle for speculators and bagholders to subsidize the handpicked cartel of nodes that "power" the network. It's just a token grab hiding behind a veil of non-existent decentrality.

>>26216948
his name is Bryn bellomy

>>26218370
>>26218397
kek the mortal kombat memes are my favorite rn.

>>26210691
How many LINK to run a node?

>>26212222
Absolutely based post

>>26217137
Thanks for the answer and for a great thread. The currently impossible and all the other upcoming innovative usecases are pretty exciting to envision. That's partly why I'm thinking about doing something to support or build the ecosystem. What skills would you recommend learning for someone who might be interested in working for Chainlink in the future? I'm a programmer so it would be ideal to hear about some very niche skill. I'm thinking about learning some functional languages in addition to Solidity. Do you have something that you could point me to?

>>26218508
LINK is a utility token meant to pay node operators. There will never be more than 1B. Think about all the data in the world, and all the data to come. If chainlink truly succeeds as the defacto Oracle network virtually every dApp, blockchain will utilize its oracles to cut costs and basically devour entire markets. Think about the staking, and the fact that inorder to receive true & correct data from a network you'll need to pay the node x amount of link. Although 1B tokens is a lot, when compared to how much data & $ the network will consume it really isn't much. Chainlinks success proves that Blockchain & Smart contracts will be the pinnacle of human/entity agreements. Basically, once staking (risking LINK as a collateral for y amount of dollars by providing accurate data from your node) is live we can expect the price of LINK to skyrocket, and will only continue to skyrocket as more and more link is removed from circulation. You know that singularity thing people have been talking about for some time? That giant green dildo? It will be real, if and only if the network delivers on its promises. But based on historical data from 2017 - 2021 (present) chainlink has followed through on everything. We've witnessed a US election recorded on a blockchain fed by chainlink oracles, DeFi is finally starting to pick up and provide APY that is greater than tradfi. The chainlink team has been hiring like crazy, late 2020 they founded chainlink labs (led by Ari Juels), recently just hired a CEO of some exchange that I can't remember. In order to follow through on the promises made, they need to hiring quickly and hire the best talent they can, which is funded by that Token reserve, which in long term is a good thing because, those tokens won't be held by the team but by node operators and other hodlers. Long story short, invest at your own risk. lastly, I've been watching sine dec '17 and I haven't been let down yet.

>>26219360
you are absolutely trying to overtalk and bullshit me.
You literally start by saying "there will never be more than 1B LINKs", that's not what I'm asking nor saying. Chainlink is a data service: you pay x$$ and you get your oraclized data, that's all.
> once staking (risking LINK as a collateral for y amount of dollars by providing accurate data from your node) is live we can expect the price of LINK to skyrocket
WHAT, so you're saying there is no collateral right now backing each oracle's behavior?
WHAT THE FUCK HAS CHAINLINK TEAM DONE IN 3 YEARS OMG THOSE RETARDS, LITERALLY WORSE THAN EOS

>>26219360
>We've witnessed a US election recorded on a blockchain fed by chainlink oracles
Oracle*. Wow anon, groundbreaking stuff. An API.

>>26210691

What would you advice to a young poorfag anon who is finishing college and is holding 2100 LINK? I can see it go to 300-500$ in this bull market but I'm not sure if I as a linklet should sell or not? On one hand it would give me a good kickstart to life even with my small stack in that price range, on the other hand if link is going above 1000 or even more long term, I could lose opportunity of a great wealth. I could afford to hold (and maybe later even stake) and rent and pay that from my job for example. Maybe sell a portion and keep the rest? Maybe sell a portion and buy back lower in the bear market to increase the stack? What would your advice to a linklet be senpai? Thanks!

>>26219542

Oh and one more question. Do I have enough to make it long term? Give me real answer even if it hurts kek. Thanks fren.

>>26217868
>Maybe in the early days
>Once anons started posting nazi memes to Chainlink's twitter accounts any hope of that died

I told you guys to tone down your autistic b.s. when you engage with IRL Link movers and shakers. Making us look bad ffs.

>>26219542
honestly, I want you to make at least some money. LINK is NOT going >200. If it reaches 150, you'll be a lucky man and that's where you sell all, while everyone is apeing "LINK $1000 EOY!!!". 300 billions dollars (2x current Ethereum mcap) is just not going to happen this cycle, and likely won't happen ever

>>26219542
Flush yourself down the toilet.

>>26219745
We are bad, slave. Know your place. They hate us.

>>26219906

Hmm, I'm not sure about that. Reaching the market of ripple in the previous bullrun would put it at 300$ and we know every bullrun is bigger and link is much better project than ripple. Don't see why it can go to at least 300$.

I have no idea what chainlink is or does and I dont know what half the techno mumbo jumbo in this thread even means. I just want to make some money. So should I invest?

>>26220290
xrp had huge hype and floods of normies ready to buy in on the back of "banking" rumours

>>26219906
$300 would only be the equivalent mcap of ETH last cycle. Bitcoin and ETH will climb substantially and LINK will be the #3 crypto. XRP is already dropping down to 4th/5th, so the spot is open.

I jusy have one question and its a doozy.

How do you feel about the WEFs adoption of Link vs their Great Reset "you will own nothing" plans? Meaning isnt all this buying Link and hodling stuff pointless if the only way Link moons is if we're in bed with the devil who plans to reduce us all to chattel slavery?

>>26212878
>Staking means different things for different projects. The kind of staking chainlink is working on (two tiered for default node operations like an execution network plus job specific staking) does not yet exist.
But isn't GRT's staking the same as Chainlink's Tier 1 staking (which is not live yet, whereas GRT's is)

>>26217137
So graph is a scam?

>>26210691
will i get a second chance to make it? price correction $3? thoughts?

>>26220355
No, if you dont know what you're buying you will have weak papery fingers that wont be able to hold through shitty periods of price action, you'll get shaken out to buy the next shitcoin you don't understand.

>>26219906
Reminder

>>26210691
Why has staked.us stated (in interviews and on their website) that they expect to begin staking services for Link in Q1 of this year? Is that BS, or do they know something everyone else doesn't? Or is their idea of staking something completely different to everyone elses?
Thanks in advance

bump

>>26210691
why does Link survive the inevitable wave of TEEs and MPCs that are going to wipe out 99% of shitcoins?

where is Link's moat to prevent protocols that let oracles just stake whatever the fuck asset they want?

OP
I have accumulated 233K LINK
Been a early supporter.
How would you utilize it?

>>26221073
it has nothing to do with what I said. "it can pump hard because the market is bullshit", yeah but no.

>>26215146
I need this link really bad, guys.

>>26221198
I posted the above and have just checked the staked.us site which has now changed its expectation of Link staking to Q3 of this year

>>26217840
Depends a lot on what btc/eth do in the coming years
CL has done a decent job of uncoupling itself with mostly USD pairs as evidenced by its performance in 2018/19
>>26217932
You hate to see people with experience running high value network architecture running link nodes?
>>26217993
Yes
>>26218031
I don't watch any of them
>>26218141
It has connections to the current world order
>>26218155
From me or CL?
>>26218161
Based ICO buyer
>>26218209
Yes
>>26218299
Best case adoption and development, sure
Anything is possible in emerging markets
Don't think it's likely in 5 years though
>>26218319
Few possibilities:
After his podcast thing where he said Q1 CL contacted him and corrected him
or
It caused them to get flooded with 1000 link holding /biztards/ and they put that up to deflect
or
They just don't know and don't have inside info and so are hedging their bets
>>26218368
I would guess that much of that is reserved for the biggest partners (swift, arbitrum, google etc.) when they provide their end of network support and run their node giving the network legitimacy
>>26218381
I think LP will keep killing it so long as there is no other way for a random link holder to enjoy the fruits of what these early nodes are raking in. Once level 1 staking goes live and you can actually earn on your link, I'd guess competition stabilizes or drops the price.
>>26218508
Chainlink is basically done? Are you an idiot?
>>26218523
I would guess that given the team's public facing stance towards 4chan that the risk/reward for doing that just wouldn't be there
But hey, what do I know?
>>26218643
That's not my name
>>26218931
0 at current
>>26219322
I would first make sure I could run a node or had access to a current node operator. Then I would focus on generating data derivatives that were "OK" in instances where the competition is zero. Imagine having a way to at least spot check weather, financial or credit score data and just act as a backstop to existing data

>>26222222
Uhh checked

>>26221662

Are you retarded? Do you have low IQ? Or are you just counterattacking our arguments so we spoonfeed you and validate your intentions of holding Link?

BTC going to 200k would push the market to 7 trillion. Even if Link has 5% dominance (which is very conservative for how important it is); it would put it at $750. Even if bitcoin doesnt reach 200k, lets say 100k ; it would still be more than $300. And even if BTC doesn’t pump, chainlink had always had its own independent pump.

Also, forget about all that crap that people compare market value against companies; this is a different VOLUME. If institutions decided to utilize chainlink and obtain Links.. they would buy large amounts and pump the price. Today’s volume cant handle institutional money. Look at the bids and tell me if an institution can just go and buy a large stack. OTC? Sure but there wont be enough if the demand is high and holders are already staking.

>>26222222
lmfao

>>26222222
From whoever, give details and I'll apply citing here.

>>26222222
meh get

>>26222222
Is it bad to take a 50k loan for more LINK when I already have low six figures in LINK and a mid-tier job?

>>26222222

$2222 confirmed EOY

What is your opinion on the FUD that Biden will regulate crypto?

>>26222222
this post made me lose faith in teh power of get

>>26222222
Woah.... chegged

>>26222222
checked. based thread. i've forgotten most of this stuff as its been cemented in my mind long ago chainlink is only project in crypto that matters

>>26222340

Yes, its a bad idea. Dont gamble and FOMO in, just accumulate.. Opportunities will always be there.

>>26219360
This all seems pretty reasonable with the exception that it sort of mis states how Sergey has described staking as working:
- Node staking a default amount for basic node functions (irrespective of data)
- Staking additional amounts in response to specific data feed and payment output needs

All nodes will likely have Stake #1, only nodes with valuable data to sell will likely have more staked in #2
>>26219482
You are wrong as to how the network works
Read above
>>26219534
This is an important point: any parametric input that is from a single source only can guarantee that the data is accurate from that source
In an election you can accurately record who the AP says won the election
Even if that person in fact was not the legitimate winner by having the most citizens of that country vote for him
>>26219542
Finish college, get a job and get to the point where you earn more than you spend. Save and invest in stocks, crypto etc every month
Every day that goes by there is the chance that your link will make you financially independent. Even if it doesn't you'll have a solid basis for life.
>>26219592
Sure, so long as you're patient enough to hold for a few years
>>26219745
It's also the canary that means real free thought and speech still exists
>>26219906
I disagree
>>26220089
Here's a big boy secret of life: most people hate everyone who isn't from their country and of their race. Get used to people who don't like you and, paradoxically, they will be drawn to your confidence and accept you as a leader.
>>26220355
I would say link is a good early stage investment
>>26220730
Everyone who thinks there are geniuses plotting global conspiracies has never actually met a world leader.
They're all fucking idiots surrounded by craven political types. They have no idea what is coming and are likely supporting technology that will invalidate their entire worldview in that it causes more value to go to value generators rather than rent seekers. Pareto Wins.

>>26222222
Nice digits.

>>26222244
>>26222255
Checked

>>26222222
checked

>>26210691
do you think its wise to take out a stablecoin loan against my link stack collateral in order to buy more link? (on aave)

>>26222222

>>26222222
checked

>>26215069
>I agree with 1 of the 4

>>26220732
I don't think this is even remotely close to right
>>26220902
I don't know and in crypto it is hard to tell
If the team is still around making profits and people are paying large amounts for their services in a year then I am likely wrong and it's a decent project
>>26220962
You have a chance to make it right now
>>26221073
AB said something to the effect of "bubbles are easier in DLT because there is no office space to rent, no electricity to pay for and so valuations are much more flexible"
>>26221198
I responded above, but I honestly don't think they have any deep insider info. I think that was their best guess based on what CL said publicly and now they've changed their site to Q3 to be conservative.
>>26221489
I would recommend learning about what makes market monopolies.
Hint: it's not hash rate
>>26221530
You're a millionaire many times over
Unless you have significant obligations (young children) or large financial costs (care for elderly family etc) I'd start enjoying the freedom of not having to work or working part time while not spending much. Take out the max amount you can at the low cap gains tranche in your country and put into boring index funds.
As link appreciates and staking goes live, stake as much as you can across 3-5 high quality providers and be proud that you had the balls to commit and the will to hold.
>>26221662
It sounds like you don't understand his post
>>26222113
See above

>>26215069
would you show your current portfolio?

>>26212222
He’s got the mindset of a Boomer and doesn’t realize in crypto anything can happen, as long as the MSM tells normies to FOMO (which they will since several billionaires have skin in the game) this bull run will make 2017 look like child’s play. 1k EOY isn’t a meme, we can see that by December easily and if Link accomplishes what it set out to we may see 10k+ in 2025.

How is chainlink going to defend from forged documents provided by one of the smart contract party? For example any KYC data or evidence photos for insurance Contract? How to do that without 3rd party?

Will chainlink node operating be an industry in of itself?

>>26216679
too depressed to keep accumulating, my goal is 1k
>t. 800 link newfag

>>26222222
$22 stablecoin confirmed

>>26223849
noooooooooooo its the new 12.65

Do you expect LINK to dip anytime soon?

I’m a bit of a retard but am I right in assuming link will rocket once staking is live?

>>26210691
How likely do you think is atm a 2018-level crash all over the crypto market?

Do bitcoin whales really dump btc to stop link pumps? Sure seems that way.

Seriously how is chainlink decentralized? I heard it was nine nodes that are kyc’ed.
Does link staking mean anyone can run an oracle node?

Hey bro. In one of your other very informative threads you said you would make another thread on "how to spend money on women". Any plans to do this? Could you maybe give us the gist here? Cheers

>>26224214
Tell them you have some and they'll sort it out for you

>>26215069
>I would expect several years of significantly appreciating link price with low default staking APYs in the 0.5-3% range until the network becomes fully mature.
I told everybody here, unless they operate a node, they won't be able to stake without LinkPool, but they never heard me

Im scared of this thread bros ...
>>26218875

>>26222732
> You are wrong as to how the network works

Bro I actually don't know how the network works then. I read the whitepaper multiple times and I feel like the actual network has NOTHING to do with what's written.

Really unprofessional vibes from Chainlink, both beause they hold 35% of a token that nobody can really explain why IT HAS to exist (chain agnostic or economical abstraction makes 0 sense in this context).

Don't get me wrong, I bought it 0.5 and sold @20 because hey, that's good and want small caps now. But wtf, I don't get why everyone like this project so much.

no hate, thanks for your answers, but honestly, still nothing is explained, the #staking1 and #staking2 feel like this project seems to be carried out according to the mood of the team and the weather. I'm gonna get insulted, I don't care, made 50k out of this, but I don't see it >200 & 1000 is a fucking meme.

>>26224960
that's what I'm saying. Fucking imcompetent dumping on us. You know what they do better than anyone? Shill their token and explain to everybody why it's a new paradigm and why its existence is completely needed. Fucking huge joke. IMO they try to implement more & more utility by implementing useless staking that has no purpose in the system, it's no ETH, it's no GRT, it's no SNX. The token is useless, a decentralized oracle is a service where you pay x$ or xDAI/USDC for having data being oraclized to you and that's it. Nobody ever refuted that

>>26224166
>I heard it was nine nodes that are kyc’ed.
Because that’s what it is kek

>>26222255
Checked
You're right he's being willfully ignorant
>>26222319
I'm not hiring and CL has a page with job offerings, can't help you past that
>>26222340
Its especially stupid if you already hold significant amounts of link
>>26222431
Crypto already has institutional custodians and reasonably well established regulation
The era of "outlawing" crypto is long gone
>>26223404
It's nothing special or impressive and link is the dominant asset
>>26223495
I wouldn't put it outside the realm of possible
I also think you're underestimating how long doing novel things takes
>>26223550
Like I said above, Chainlink can't tell you whether your credit score is correct, it can only say what transunion says your credit score is
Like with credit scores using multiple data sources when possible helps this issue
>>26223735
Looking that way
>>26223757
Still ahead of 99.99% of the world
>>26223849
Ouch
>>26223878
Double ouch
>>26223923
No idea about short term price action
>>26223931
It looks like an event that will reduce liquid supply and increase demand
Moon is relative
>>26223971
Always possible but mostly those kinds of events happen in times of euphoria, not when everyone is scanning the room looking for the crash
>>26224062
Or they're true true unrelated
>>26224166
You need to read more before joining this discussion

>>26210691
How much of a breakthrough is Chainlink VRF? Do you think it's a good replacement for using VDFs for consensus?

>>26223123
any thoughts about this?

>>26224214
I did make the thread
The gist was that a part of a man's overall valuation is how well he guards resources he's acquired
Spending money on women then is directly undermining your own sexual market value; properly utilizing money, just like properly utilizing any other tool, increases your sexual market value
>>26224914
This is currently true, but again you can't even use linkpool to stake link now, only to receive passive node payments for their unstaked node
>>26224960
The world must be a scary place for you
>>26225258
Good for you

>>26225755
yeah right, continue to pretend you're answering everything so precisely and saying I'm fudding or being ignorant. You're not even refuting anything I said, you can't explain why there is a token, why the team holds 35%, why it has to be like that in the ecosystem, why should chainlink take 100% of the market of "data oracling", why the whitepaper explains nothing about different type of staking, centralized node registration, why nothing was done in 2 years even though they have basically unlimited funds, why the fuck? It's a fucking network of trusted entities aggregating any kind of public data and making you pay for that. That's it, you can't explain why I need link for that shit, why should its market cap get into the hundreds of billions or trillions, why there needs to be staking of different types, etc.

Basically, this whole thread shows how ridiculous you are, larping as a LINK OG, while everyone balls deep in LINK is sucking your dick.

>>26223338
Thanks for the reply.

Im in que for a LINKPOOL node.
100k minimum. I probably won’t see that node live till 2022. I want to gain some kind of APY in the mean time but to scared to use Celsius or Nexo.
I seriously doubt I’d be able to successfully join 5 different staking nodes
with 45k LINK in each. And with my paranoia towards Celsius and nexo I don’t think I’d trust another company.
Just LINKPOOL. I won’t pay 75 eth for 1LP. I just can’t justify it. Am I crazy?
I guess many bigger wallets are having the same problem

>>26225931
thanks for making thread fren also how many linkies you holding and since when?

>>26226028
this nigger is actually based. OP is a faggot.

>>26225931
was the women thread on biz? anyway id be able to locate it? very interested desu

>>26226028
>a fucking network of trusted entities aggregating any kind of public data and making you pay for that.
Bingo. Subsidized by token speculators. Muh Sybil resistant if I control every node!

>>26222222
checkd WAGMI

>>26226183
If you force high stakes on all nodes, use VRFs to do random selection + implement a reputation system (that was in the whitepaper,
and still don't exist btw) you'll end up with a very trustable network. That's basically why there are other projects like BAND/API3/ZAP,etc.

how can there be any speculation on link is beyond me (and I've bought this crap at 0.5€..). A service is a service, you pay, you receive, end of discussion. I can't see ANY argument explaining why it's basically NOT a very elaborate scam, wrapping an actually useful service inside a useless token made to make founders rich. OP you can't.

very based thread, thanks for the posts OP.

>>26226463
Omg... OP in shambles.
But hey, nothing new under the sun, as long as there are more retards buying our bags. Just let's keep quiet before we pull the rug

>>26226463
Do you have a problem with Jeff Bezos getting rich off holding Amazon stock too?

>>26226463
Every node from Framework down to Patrick and Devlin are insiders Johann recruited. The team pretended to have an open review period, though!

>>26226028
I actually don't have any LINK and I haven't dived much in their documentation, but what I understand is that the LINK token is what the node pays as collateral in case of failure. At a fixed number of 20 billion LINK tokens, their price will rise as the value of the transactions increase.

>>26226642
I guess so...
>>26226682
Lol are you actually making the comparison? between an oracling protocol and Amazon? lmao...
>>26226696
I don't understand what you're saying mate.

>>26226137
>>25942590
>>26226183
>>26226463
You should both sell
>>26226487
Glad to be here
>>26226642
>>26226696
You really are butthurt about link's success arent you?

>>26226755
> what I understand is that the LINK token is what the node pays as collateral in case of failure
Well it could be USDC/DAI/ETH. That's what people mean by "token is useless" and literally made to make Sergey filthy rich. Btw the only dude involved in Chainlink that I respect, his elaborate scam is well done.

>>26210691
if i have 4000 link, 1 btc, and 400k in cash, should i just retire now at 32?

>>26225822
Its a breakthrough in terms of it's a needed product in the space and will provide passive income to nodes
In terms of cryptography or computer science it is not particularly revolutionary
>>26225863
This is nothing more than leverage trading
Which is foolish to do in established low volatility markets
And much more foolish in emerging markets
>>26226028
Sell
>>26226054
Sounds like we're in a similar situation
For me cold storage is better than relying on the morals of a group like nexo or celsius
I have a lot of confidence in the team to continue to deliver value and grow the project, I have no confidence in satellite groups offering me non-transparent yield
>>26226063
I hold enough to not work if I don't want to

>>26226803
>Lol are you actually making the comparison? between an oracling protocol and Amazon? lmao...
Why not? Chainlink is providing service on the structure they built.

>>26226845
that's your answer to this guy who actually have an interesting view? Or at least valid thoughts?
I'm gonna side with this nigger then, go fuck yourself OP, get off /biz/ you tranny

>>26226852
Just go persuade chainlink to switch payments to anything other than chainlink you fucking brainlet with your midwit tier fud that was dealt with three fucking years ago. Just be better. Thats all. Put an iota of fucking thought into your shit you mouth breathing jackass.

>>26226845
hero you lad

>>26226913
Do you have a rough estimate regarding when will Tier 1 staking be released? I've been hearing a lot about this, but I don't think it makes much sense while Chainlink keeps this vetted nodes model

>>26226927
But there is KEY difference here. Amazon doesn't forces you to buy its stock to pay with it to use their services. Chainlink forces you to pay its service with its "stock", because if it wouldn't, then its stock=token would be near worthless.

How is that wrong?

Ok i fucked up my financial status when i sold Link under 1$ and then abandoning crypto...
Im now back, trying to fix mu past mistakes. I only own 150linkies but sm thinking of faking a loan and put it in Link. Am i retarded and sm FOMOing in a missed oppurtunity,?

>>26225931
Thanks for the thread based anon, you're doing the lord's work. What % of link will you take profits on and what % do you plan on keeping for staking? I know you said you sell a small amount each month, but what are your price targets for larger sells? Thanks fren, Godspeed

>>26226845
>>26226852
>>26226913
>Sell
>>26226927
>>26227026


Yoooooo wtf is this thread. Anon is actually using his brains and all you can say is "sell", "use your brain", "you don't understand the network". Wtfff is this thread?

Fucking hell OP, LINK is my main bag but I agree with the others above, you are a fucking nigger

>>26227026
Yes. Tokens are stocks with utility. Welcome to the new world nigger.

>>26226852
why would they? They designed the network so that it would use their token, why would they give that up to ETH? For a laugh?

>>26227200
That’s code for
>I’ve been found out!
Except I think OP is an actual midwit that never figured out the scam

>>26227282
>Tokens are stocks with utility. Welcome to the new world nigger.
I completely with that. My point is that Chainlink, is not part of this category and is literally a fucking ponzi scam, so far it's working so well.

GRT, for example, is a stock/token that has utility because it's justified. In Chainlink's case, it's not, it's really not. It's not a utility token, it's a payment token that is marketed as a stock.

having the founders own that much destroy the argument of "tokenomics security". There is also no "economical abstraction" needed here, one could design a stablecoin and use it here.

See how your only answers, like the rest, is "bro it's like that and that's all"? Don't you think it says a lot about Chainlink?

>>26227063
dude don't take a loan for this

>>26227455
>GRT
Ok pajeet, you could've started with that.

>>26227455
Extremely based anon. OP is dead and won't answer that.

>>26223338
I have 40k link. Would you recommend the same approach to the one you did the anon with 233k?

>>26227610
Bro, GRT, or MKR, REP, LTO, etc. Don't be a fucking retard like that.

>>26227455
>it’s not, it’s really not
Your reddit msm newspeak is beyond grating. Fuck off.

>>26210691
Thank you OP, most inspirational thread I've seen in a long time.

>>26227716
I'm not buying your shitcoins, stop talking to me.

>>26226927
Shhhh, you'll notices there's now a discord raid in the thread because they don't want people knowing about "their" coin
Despite having done literally nothing
>>26226940
I gave him the resources to show himself how he is wrong
He is being willfully ignorant
Just like you
>>26226955
But this time it's different!
>>26226985
They're not being serious- no amount of reason will make a difference to them
>>26227005
Glad to be here
>>26227023
Q1 as above, but again given the team's stance on audit to exhaustion things have a way of getting delayed
>>26227026
This is an excellent example of someone being an idiot for idiots sake
He obviously knows you have to pay amazon to use AWS or sell on Amazon.com, but he has no real argument except to fake ignorance
>>26227063
Buying Link with earned money is smart
Taking a loan is stupid
>>26227067
I'm in a position where I don't need any more money to keep the current lifestyle I have without working
For now I'm happy with that, but over time I'll start wanting things like classic cars and flying private. I'll think about selling more if that time comes and the slow deleveraging I'm doing isn't providing enough free cash to do it.
>>26227282
This is too complex a thought for them
>>26227339
Again, they're not interested in reasoned arguments
>>26227367
It's code for I know when people are making genuine arguments and when they're just angry and stupid
>>26227455
So it's graph that is paying you?

>>26227610
Exactly
>>26227631
Shoo shoo
>>26227712
Yes
>>26227716
See above
>>26227775
Yikes!
>>26227787
Glad to be here

hello fren europoor here

thanks for the good work it has been a nice read
question, I have a big stack of LINK on binance savings or whatever is called that give about 0.30% APY on LINK. Would you consider taking it to cold storage or is it safe there?

thx fren

>>26227892
YOU FUCKING RETARD OP
YOU DON'T EVEN READ WHAT I SAY

> He obviously knows you have to pay amazon to use AWS or sell on Amazon.com, but he has no real argument except to fake ignorance

That's exactly WHAT I FUCKING SAID YOU RETARD LARPER.
I FUCKING PAY AMAZON WITH MY FUCKING EUROS OR DOLLARS BUT BEZOS DOES NOT FORCES ME TO BUY ITS STOCK/TOKEN WHERE HE OWNS 30% JUST SO HE CAN DUMP ON ME.

THAT MAKES ZERO SENSE AND YOU CAN'T ANSWER.
I win.

>>26227892
>Every node from Framework down to Patrick and Devlin are insiders Johann recruited. The team pretended to have an open review period, though
You have no answer for this because there isn’t one, newfag larper.

>>26228118
what kind of question is that, not your keys, not your crypto

>>26227789
it was examples of utility token, following the conversation, wtf are you on? Are you all retarded americans here. Biden being elected makes you all go to 20IQ? you actually are a nigger.

>>26227892
>Shhhh, you'll notices there's now a discord raid in the thread because they don't want people knowing about "their" coin
OP is saying nonsense, there is no discord raid, lmao wtf is he even saying.

OP is literally a midwit, confirmed.

>>26228167
transferAndCall is the answer to your fud anon. The token delivers the data payload in the same transaction as the token transfer. It would make sense if Chainlink did what they set out to do, but they have not.

>>26228270
I don't know why you talk about smart contract technicalities, it's not my main argument, it's the fact that retards here, but mainly OP, is saying that token is the new stock, and that's why it's exactly like Amazon. Because yeah of course, I have to buy AMZN and pay everytime I order something on amazon.com, right?

>>26228118
I'm a bit old school in that trusting an exchange violates not your keys not your crypto
That said Binance and Coinbase have been mostly transparent and well run
>>26228167
Your argument was that you did not have to buy amazon stock to use amazon services. Now you are changing it because you know you're wrong.
>>26228194
How about the origin story of linkpool?
That directly undermines your argument
>>26228217
I tend to think the same way
>>26228219
It was exactly not
Try to keep up
>>26228270
We're discussing the development of the network and you're complaining its not done?
Again, try to keep up

>>26228426
>14pbtid
Seething. Have a bump OP.

>>26228219
>If I bring up Biden randomly maybe they will think I'm one of them
This is getting too obvious pajeet.

>>26228426
in order to fud you need at least not to sound retarded

>>26228426
Can you show me a place where I said "token is the new stock"?
again, try to keep up

>>26226852
>Well it could be USDC/DAI/ETH
no, it couldn't.

>The LINK token is an ERC677 token that inherits functionality from the ERC20 token standard and allows token transfers to contain a data payload.
https://docs.chain.link/docs/faq#what-is-the-link-token-used-for

the link token can't be swapped out for whatever, it's integrated at the protocol level. this has been answered since day 1, lurk more newfag

>>26227892
Time really is a flat circle huh? Its like every year we go through this cycle of weak, poorly thought out fud. Before it was astro (as an aside if you’re reading this kurt kys) and delphi and all that shit and now its some no names with the least original spins yet. No original research, no looking at pivotal or git, no reference to market.link metrics, its not even funny like jason parser. I think I’m losing my fuckin mind with these clowns.

>>26228460
>its not done
It’s literally not anything but a slow motion ICO scam

I only have 100 LINK am i gonna make it? :'(

>>26228467
Always happens when a thread gets popular
>>26228472
Exactly
>>26228491
They're trying so hard
>>26228667
You're right
But they're dumb and determined
>>26228691
On the plus side there are still people falling for this
Still so early
>>26228911
If only they'd formed the backbone of defi, patented hardware and software TEEs and ushered in a new level of legitimacy for the entirety of decentralized assets through proof of reserve
Nah, you're right
>>26229035
If your hands are strong enough

The difference between 2018 fud and 202-21 fud is that in 2018 we were just having fun and trying to keep plebbitors out with the dumbest possible fud. Nowadays there’s a bit of that still but a lot of really salty nolinkers who missed out and want revenge (kek good luck with that you room temp IQ poors)

>>26218678

>>26213046
>would direct them to the documentation showing them how to spin up a node and start offering node services right now
Please direct me to that documentation. Also, thanks for the thread. I also get excited when a thread is up on biz with people who have real solid knowledge about LINK.

>>26229314
Show me where it’s trustless. Newfags can’t.

>>26210691
what cold storage do you use?
ledger or trezor?

>>26229459
Its hard to not derive joy from their righteous suffering
>>26229581
https://docs.chain.link/docs/running-a-chainlink-node
>>26229646
https://arxiv.org/pdf/1909.00938.pdf

>>26229867
Whats the purpose of running a node? Does it get me anything?

>>26217868
>So long as you have other real world investments and savings, sure
I’m just saving money and investing in LINK. What other real world investment would you suggest?

>>26230134
Yesterday it earned you a part of $510,000
https://market.link/metrics

>>26230245
Index funds and precious metals from known entities sold direct from the mint

>>26230252
Who paid that?

>>26230432
Are you literally too stupid to even use a search engine?
https://feeds.chain.link/

>>26230661
I dont understand what that link has to do with who paid
I also have no idea what the info on that page means

>>26228691
>falling for the delphi meme

>>26230661
Wow Chainlink paid that! Who chooses which nodes report to each of these feeds?

>>26217137
do you hold linkies using a Trezor or a Ledger?

>>26230871
me

>>26222222
chiggggittty check yo self before u wreck yourself.

>>26228691
it's a new era, link fudders this cycle are literally bitter poorfags that missed out, it's not the same as having competition from other moonboys trying to meme and fud their way into biz supremacy

>>26217137
>Either I'm not smart enough to understand graph or it's a project trying very hard to make a splashy argument for investors by charging nothing for its services and onboarding use cases that will never pay them.
It's almost exactly the same setup as the Chainlink tokenomics, but with (I think) some improvments.
Why would investors be excited by free services? Why wouldn't their use case get paid? Like Chainlink, they provide a service that makes the writing of smart contracts magnitudes more cost effective. Chainlink frees you from creating the costly infrastructure for putting trustworthy data on the blockchain. Graph frees you from creating costly infrastructure for querying the data on the blockchain. Both are needed by most smart contracts. Both a radically cheaper alternative.
Both rely on a distributed network of permissionless nodes who can be trusted due to staking collateral. In fact, if we call the service they provide X, where X can be "oracles for putting trustworthy data onchain" or "indexers for querying onchain data", then I bet if you describe the network and tokenomics substituting the actual service in your description for "X", it wouldn't be possible to know if you're talking about Chainlink or the Graph.
It's exactly the same idea:
- Provide a service needed by smart contracts
- Have smart contracts pay service providers with a utility token
- let service providers be a permissionless network of node operators that instead of obtaining permission prove their reliability with staked collateral using the utility token.
- let token holders pool their tokens with the service providers' staked collateral for a share of their revenue.
Did I just describe Chainlink or the Graph?
Disclaimer, I have about 50/50 of both.

Why was TransferAndCall needed for ChainLink specifically? What does TransferAndCall actually mean? Can other ERC-20 tokens either transfer or call, and not both?

>>26212530
>Imagine you're a bank and there's this thing that is setting up to use the back end infrastructure you already have in place and trigger millions of payments/balance checks and pay you every time it does any of that. Is there any way you're going to say no?
What is Swift and how does ChainLink actually interact with it? It's an international banking payment network, right? Would ChainLink be receiving data from Swift, or would ChainLink be REPLACING Swift?

does Chainlink really have a killer?
how about API3, BAND?

>>26230285
>Index funds
Would something like VTSAX suffice? What about international funds?

>>26222732
>Even if that person in fact was not the legitimate winner by having the most citizens of that country vote for him
Is this a jab at the electoral college (I presume not) or the observation that an Oracle reporting the statements of a liar will accurately put his lies on the blockchain?

>>26210691
ChainLink is a scam. That’s all I don’t have a question.

Is Sergey looking for a boyfriend?

>>26223338
>I don't think this is even remotely close to right
Implementations obviously differ, but from a functional perspective it's pretty straightforward if I have understood it at all. Service providers lock up their stake in a way that lets the network remove from their stake if they fail their SLA. The Graph also has some dispute resolution mechanisms etc, I expect that to be different, but the important part is that in Tier 1 you simply stake against your SLA...right?

>>26231959
thanks for this Coventry

>>26210691
wtf did they mean by this?!?!?

>>26228691
Delphi wasn't real, schizo

>>26210691
Should I put some money on LINK? Missed the last 10 trains but it seems US is regulating stable coins for banks and "self driving" banks which will most probably make use of LINK
What are LINK competitors, why are they inferior if any and is it safe to assume LINK will do its job good enough that it'll stay around for at least 5 years, maybe 10?

>>26210691
where can I find documentation on node setup? I want to get in on the eng but have no clue what I'm doing.

>>26234317
*rng

how many stinkies do you need to hold in order to make it in 3 years? ps im the retard that havent bought any yet

>>26227892
>This is an excellent example of someone being an idiot for idiots sake
>He obviously knows you have to pay amazon to use AWS or sell on Amazon.com, but he has no real argument except to fake ignorance
No, he is making the following argument: If Amazon required that people pay for things using AMZN stock, that would create additional demand on the stock and it would go up. The same applies to Chainlink.
I think he is trying to imply that this is a bad thing, however, or has some scammy component. I think it is not. Furthermore, Amazon could create a utility token, perhaps with rebates for tying your cash to them (maybe you can't cash out, only use it to pay on Amazon.com) and that could be good for Amazon, the consumer, the stock price and the world. Don't see why creating value would be scammy.

>>26233527
I don't know what you mean. What is Coventry?

>>26234317
he posted a link further up

>>26210691
aren't you afraid of a 'dot com bubble' style crash?
and then having to wait 15 years for the crypto market to get back to that point

>>26234734
Nvm found it:
To send someone to Coventry is an English idiom meaning to deliberately ostracise someone. Typically, this is done by not talking to them, avoiding their company, and acting as if they no longer exist. Victims are treated as though they are completely invisible and inaudible.

My first search only yielded hits about some town.

>>26210691
How disruptive do you really think this will be? Breadlines and UBI tier, or mandatory sterilization tier?

>>26234735
no they didn't, link?

Alright retards you literally have team members and big brain devs spoonfeeding you now.

>>26235386
https://docs.chain.link/docs/running-a-chainlink-node

retard

>>26235900
calm down, trannies are in the white house now that word will get you blacklisted soon.

>>26229314
Since you are an og what is the official suicide stack?

>>26221073
Funny thing is mcap is becoming more and more of a meme in the stock market too thanks to the index fund bubble, normie robinhood traders and fed brrrr