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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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6214866 No.6214866 [Reply] [Original]

When I started learning about crypto, Ethereum was $76. I remember I understood very little, and believed even less. How could a coin no one can touch have actual value?

As 2017 continued, I progressively began to look into crypto. I built a miner to mine coins like ETH, UBIQ, and SIA, and started breaching the normie barrier.

Today, Ethereum stands at over $1,300 (I know it needs to correct, my point is no one saw this coming). Bitcoin is at over $14,000: I remember watching CNBC one day last summer, and they brought in people familiar with crypto who began throwing price targets like $5,000, $8,000, even $10,000. I remember the hosts with these pompous looks on their faces- it was impossible.

A few months ago, /biz/ started shilling Chainlink. I thought it was just another shitty copycoin or a shitcoin, but I couldn’t have been more wrong. I remember sitting at my laptop when LINK was $0.20. I didn’t buy. In fact, I didn’t buy till we hit $1.00. This will probably always haunt me a little, but then again, there’re people who won’t heed this advice, wake up one morning and find that LINK has crossed $5. Then $10. Then $20. $50. $100.

I beg of you, I PLEAD with you, buy some LINK. It doesn’t have to be a lot, maybe throw a few bucks at it, but DO IT. This coin has such powerful applications, I.t boggles the mind.

We’re on the verge of completing the cup-and-handle, and rocketing up. If you’re not getting on board, PLEASE promise me you won’t FOMO in at the new ATH when we turn around and correct and then fill /biz/ with bullshit FUD because you don’t understand how markets work.

Links for LINK:
https://www.smartcontract.com/link
https://link.smartcontract.com/whitepaper

If you have any questions, ask and I’ll try my best to answer them.

>> No.6214966

op is for once not a faggot

>> No.6215203

The Marines stand with you OP. The tide of our has finally swung and we now march onward with momentum at te no-linker enemy.

>> No.6215253

tfw bought during pre-ico

>> No.6215331

>>6215203
>>6215253

We will prevail.

>> No.6215400

Lmao you guys are taking this shilling too far now, I cant tell if we're still memeing or people have actually became this deluded.
Please explain to me how a glorified json parser project with 2 developers and zero communication is ever going to be anything comparable to ethereum?

I mean It's a fucking erc20 token for fuck sake, I loved the memes but you retards are taking things too far now you should be just be happy link is above 1 dollar as many of us never thought it was possible before the december altcoin bull run

>> No.6215415

I held link from 16BTC at peak to below 3BTC at bottom because I knew how important this was.

>> No.6215477

Original 7/10

>> No.6215511

>>6215400
>Please explain to me how a glorified json parser project with 2 developers and zero communication is ever going to be anything comparable to ethereum?
Ethereum: crypto smart contracts
Chainlink: mainstream smart contracts

>I mean It's a fucking erc20 token for fuck sake
No it's not. It's a decentralized free market network of nodes.

By your logic an airplane ticket is "just a fucking piece of paper".

>> No.6215512

I will buy 1000 LINK right this instant if you can make me understand how their proposed decentralized oracle will work, on a technical level. I don't need to hear why decentralized oracles would be revolutionary, I want to know how chainlink is going to make it a reality.

>> No.6215536
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6215536

im in captain

>> No.6215539
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6215539

Linkies act as if solving the Oracle problem will automatically make Smart contracts useful in all branches of life/economy possibile and it's only this that keeps you from buying a house using a Smart contract
My question to OP (or possibly others) is what are the other obstacles that need to be adressed in order to achieve the widespread use of smart contracts?

>> No.6215612

>>6215539
And one more question - why did the devs need 32 million $? Surely an office, secretary and a few computers shouldnt cost that much

>> No.6215614

>>6215539

You're thinking of personal uses which will come later. The vanguard of use will be business transactions in which a simple comparison shows that smart contracts are faster, cheaper and more reliable than existing systems.

>> No.6215629

>>6215511

>I mean It's a fucking erc20 token for fuck sake
>No it's not. It's a decentralized free market network of nodes.

>By your logic an airplane ticket is "just a fucking piece of paper".

Holy shit thank you

>> No.6215635

>>6215612
McDonalds fund

>> No.6215639

>>6215400

Have you read their whitepaper? Have you been to their site?

I'll grant you that yes, communication is bad. But ask yourself this: would you rather have a coin where the dev team is devoting almost all their time and energy in the project, or a coin like fucking Tron, where Justin literally tells people to "keep buying as much Tron as you can"?

>> No.6215679

the road to riches is not easy but if you send me the Link i will get there

>> No.6215691

>>6215512
>1000 LINKs

get out of here with your pajeet money, research it yourself, nobody cares because you will have no effect on the market, if you stay poor WE DONT CARE, you can watch us get rich and kill yourself.

>> No.6215701

>>6215400
https://www.youtube.com/watch?v=o1o5o2m6Stg
your fud is mud

>> No.6215733

Honestly tempted by all the biz shillin, or am I falling for a meme?

>> No.6215761
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6215761

>>6215203
Fuck the marines we are ze Waffen-CL now

+ Officer Ranks
- Reichsführer CL : l Sergey Nazarov
- CL-Oberst-Gruppenführer: 500001+ LINK
- CL-Obergruppenführer: 250001-500000 LINK
- CL-Gruppenführer: 175001-250000 LINK <--- Me
- CL-Brigadeführer: 125001-175000 LINK
- CL-Standartenführer: 75001-125000 LINK
- CL-Obersturmbannführer: 50001-75000 LINK
- CL-Sturmbannführer: 35001-50000 LINK
- CL-Hauptsturmführer: 25001-35000 LINK
- CL-Obersturmführer: 20001-25000 LINK
- CL-Untersturmführer: 15001-20000 LINK
X<><><>X<><><>X
+ Non-Commissioned Officer Ranks
- CL-Sturmscharführer: 10001-15000 LINK
- CL-Hauptscharführer: 9001-10000 LINK
- CL-Oberscharführer: 7501-9000 LINK
- CL-Scharführer: 5001-7500 LINK
- CL-Unterscharführer: 3501-5000 LINK
X<><><>X<><><>X
+ Enlisted Ranks
- Rottenführer: 1501-3500 LINK
- Sturmmann: 501-1500 LINK
- Schütze: 1-500 LINK

>> No.6215896
File: 854 KB, 1487x1917, chanlink (2).png [View same] [iqdb] [saucenao] [google]
6215896

>tfw only 40k link

I'm gonna be haunted for the rest of my life aren't I /biz/

>> No.6215917
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6215917

My favourite LINK videos:
This one because it covers partnerships/work with Barclays, Santander, BNP Paribas, SWIFT and talks about bonds/derivatives (QUADRILLION dollar industries) as being the easiest/first to switch over to smart contracts:
http://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

And this because it explains the project so well:
https://www.youtube.com/watch?v=kW27zYIxZhY

>> No.6215954

>>6215896
40k is fuckloads dude. How rich do you want to get? you know it doesnt buy happiness right?

>> No.6215957

Nice, just sold 200k

>> No.6215974

>>6215511
>No it's not. It's a decentralized free market network of nodes.
No it's not it's a fucking erc20 token and a whitepaper how can you be so deluded and treat chainlink differently? It's literally no different to every other speculative new project in crypto 99% of them will never come to anything, but just because biz decided to meme this coin to greatness due to the huge amount of presale wallets that we grouped in on (myself included) doesn't change the facts.

Besides there's still literally no reason for this token to hold any value as it stands which is the reason why it's so cheap and if it wasn't for biz it would still be <20 cent.
Only usecase given for the tokens in the whitepaper is to host nodes, and nodes can still be hosted with 0 chainlink so there's no benefit to stockpiling huge amounts of link and any actual institution that wanted to use link already has 350m link reserved for them and ZERO LINK is required to actually communicate and use these nodes, honestly the whole token use case is a bit of a afterthought on everything, this project could be completed without ever introducing a token at all.

>> No.6215980

Specialist reporting in

>> No.6215994

>>6215512
Read the white paper for the technical description and details.

Also, join the gitter and ask your TECHNICAL questions there: https://gitter.im/smartcontractkit-chainlink/Lobby
Steve or Hodges usually reply within hours.

If you want semi-technical info, just ask me.

Basically, the network runs on the tokens, which are used for three things:
1) node staking (to help determine priority)
2) contract staking (different nodes "bid" Link on prospective contracts, with the winning node's Link then held in escrow as an insurance)
3) node compensation (the winning node gets the Link he bid back, plus the agreed fee in Link)

As you see, it's a free marketplace of nodes competing with each other.

0xe18F4F6D19ab17ba6f978146fBf13b698407887f

>> No.6216014

>>6215512

You mean how it'll operate? Basically, once the mainnet comes online, anyone who holds LINK tokens will be able to use them to build a node for the network. The system will be proof of stake, based up on execution of said contract.

>> No.6216044

>>6215974
>No it's not it's a fucking erc20 token
No it's a decentralized free market network of nodes.

By your logic an airplane ticket is "just a fucking piece of paper".

>> No.6216048

>>6215974
Lol who gives a shit about trying to convince this goy otherwise, let him stay poor, in 2-3 years he will be hanging.

>> No.6216071
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6216071

>>6215917

That first video is baller. Sergey has only ever talked about this shit in the 3rd person, as if he's not specifically talking about his own company being the one moving from PoCs to production in these quadrillion dollar industries.

One presentation or interview he's gonna make that switch to talking about what the fuck smartconract.com has been up to and it's going to be everything we've been waiting for.

>>6215954

What you talking about willis, I was a shrimp among the presale buyers. Also no fud but I'm more of a chainlink can go up to $10 to $20 person so 40k really isn't that much.

>> No.6216083

>>6215896

>tfw only 11.3k LINK

>> No.6216091

If you're reading this you have a chance to invest into something huge very early. Banking industry and various DApps will be the first ones to implement blockchain tech and ChainLink is already dealing with the biggest players in both fields SWIFT and zeppelin_os. Buy now and live from link gains from 2019 onwards

>> No.6216112

>>6215761

lol this guy is trying to kill Link with autism.

powerful strategy

>> No.6216135

>>6216071
Don't sell at $10-20, you'll regret it desu. Thats like selling ETH at $50-100

>> No.6216141

>>6216083
Answer my question faggot OP

>>6215539

>> No.6216161

what I dont understand is why you would beg people to buy link if you believe link has great value. Wouldn't people eventually realize it if link is good shit? or you are a good person who enjoys getting other rich

>> No.6216195

>>6215974
>Only usecase given for the tokens in the whitepaper is to host nodes, and nodes can still be hosted with 0 chainlink
Actually, there are three main uses for the Link token:

1) node staking (to help determine priority)
2) contract staking (different nodes "bid" Link on prospective contracts, with the winning node's Link then held in escrow as an insurance)
3) node compensation (the winning node gets the Link he bid back, plus the agreed fee in Link)

And yes, you can run nodes with 0 Link being staked on the node itself or on contracts. But that will put you in the bottom tier.
That's the beauty of free markets like the CL network; you get all kinds of performance levels.
You could start out with a zero-Link node, and work your way up to superwhale. Like an RPG.

>> No.6216220

>>6216141
eth needs to scale is one i can think of. while link can be used for any other platform, eth is still the center of attention, and our best shot for penetrating the mainstream

>> No.6216235

>>6216161
Exactly, don't fucking buy any, stay poor and regret it. I'd love for you to do that.

>> No.6216236

im gonna buy 150. see you next january when it's 500 dollars each.

>> No.6216274

>>6214866
>This coin has such powerful applications
where can l read about it? I need some details

>> No.6216289

>>6216161
The best idea in the world is worthless without some kind of marketing.

>> No.6216292

>>6216161
we aren't. please normans stay the fuck out. that's a great part of the anti hype - you don't see sergey on tv like sun hyping his shit, or skateboards with apple logos and deliberately curated partnership rumors. you can go on their website right now and see the work with firms out there - sergey doesn't tout it though.

crypto, like life, is in many ways a meritocracy. if you can't see why CL is a good bet compared to vaporware coins out there you probably don't grasp the underlying fundamentals or importance of crypto, despite kind anons handholding through explanations like the 'how she know when u nut' copypaste...you deserve to miss out.

>> No.6216314

Where dou you hold your LINKs long term?

>> No.6216342

If I put £1k into this, DBC and neo when will I be a millionaire?

>> No.6216382
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6216382

every time I see a LINK meme in here, I buy put another $100 in it. It better buys me a house.
For fucks sake, I have a finance degree, wtf is wrong with me.

>> No.6216386

>>6216289
LINK is for enterprises, the neet money on 4chan means fuck all honestly dude. LINK will be pumped and people will still have no clue what it will do. People will use LINK everyday and have no clue its being used. Best way to think of it in the internet of things is like HTTP.

>> No.6216436

>>6216044
Again deluded and terrible comparison did you even read any of my points? That ticket is for a plane that exists with a flight number scheduled and destination.

A more accurate comparison is plane ticket for a plane that doesn't exist yet (and may never exist) and the destination is still unknown and many other people have already reserved first class seats for free (due to the 350m reserved for free use institutional investors)

Listen I don't hate link and I still hold a little but a lot less than I once did because the actual plebbit style circlejerking that surrounds this coin really fucks me off and I don't think it deserves the shilling and promotion it gets for free here, just think of how many of the newfags joined in december came to this board in december during this alt rush, saw like 8 chainlink threads an hour and invested without knowing what their in for and this whole board just blindly praises chainlink when the devs have done nothing to fucking deserve it, I mean sergey took a fuckign month vacation and hasn't communicated at all since funding 32million and the other developer may as well not fucking exist outside of 2 or 3 comments hes made on github.

>> No.6216451

>>6214866

I just got into this shit game yesterday. How do I even buy anything? I bought some ETH on Coinbase, but cannot register a user on Coinmarketcap.

I use the Exodus wallet.

>> No.6216494

>>6216141
The virtual machines of the platforms are not powerful enough. Blockchains can't even handle the transactions so we are far from having the computing power needed to run all the dapps that will come with wider spread usage

>> No.6216507

>>6215761
stop with this cringe ass shit, literally makes me want to sell my link so I wont have to come to link threads and inevitably see your autism

>> No.6216531

>>6216382
>finance degree
>buying a scamcoin

Shows how much that degree is worth.

>> No.6216542

>>6216436
Can people stop explaining LINK to this guy, we just need him to stay poor and watch as LINK gets adopted in many areas. He will continue to argue on why it isn't used until his jobs require him to understand how to program smart-contracts.

>> No.6216575

>>6216382
>wtf is wrong with me
you fell for the degree meme

>> No.6216587

>>6215400
Link is going to reach $100 EOY. Stop the FUD.

>> No.6216589

>>6216141

>>6215614
He already did, but I'll try to: chainlink WILL make smart contracts infinitley more useful. Right now, the vast majority of use cases aren't possible because smart contracts can only be one of two things:

1) Outside of the blockchain
This is useless because there's no way to secure it and make sure it doesn't change

2) Inside the blockchain
This makes it immutable, the problem now is that data cannot be tracked, so they're extremely limited.

After Chainlink comes online, the only other obstacle is simply time. Google the Law of Diffusion of Innovation. We're so early to the table, I don't even think we can be considered innovators. The mainnet isn't even online yet.

>> No.6216610

>>6216386
Link is indeed the ideal low-threshold blockchain connector for banks and enterprises, yes (top-down implementation).
But at its core, Chainlink is a peer-to-peer contract system (bottom-up implementation).

Smart contracts mean cutting out middlemen like notaries, attorneys, state institutions, and yes, banks.
Imagine a world where mortgages, insurances, savings accounts, ... are run by crowdfunding smart contracts. This is what mainstream smart contracts could lead to.

>> No.6216638
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6216638

$1,000,000 by EOY if dubs
$1,000 EOY if not
look at the graph and sergeys beautiful face
LINK cannot fail

>> No.6216657

>>6216436
So your issue is that the main net isn't up yet?
In that case, wait until the main net is up and then invest.

For me, the whole point of investing in crypto is to be AHEAD of the curve, but you do you.

>> No.6216668

>>6215511
The airplane ticket analogy is spot on.

>> No.6216669

>>6216161

I'm trying to point out that it's not a meme. It's your choice whether you buy or not. I just don't want you to miss the option to board the boat.

>> No.6216697

>>6214866
I have a PhD in crypto economics and mathematics. Crypto incentives in Chainlink are a legitimate concern. I saw Ari Juels speak at a conference recently where he mentioned tokens and asked him about the token economics of a node staking system like the Chainlink network is planning to use. The problem is that node operator incentives are fuzzy at best and not even figured out fully by the team (see the gitter for Steve stuttering about this). When I brought it up to Ari Juels, I told him that in the way the network is expected to be used, the fees payable to node operators would actually decline as requests become more ubiquitous because as the network grows it becomes cheaper to use. This makes sense if you took a few advanced cryptoeconomics courses. Ari admitted that it was a great question but that they were "actively pursuing research in that area." I sold my LINK immediately after that and saw a significant dump on the binance charts. It's pretty clear these guys are pulling you along making you think they're doing something revolutionary when the incentives aren't even fully determined yet.

>> No.6216721

>>6216274

I posted links to their website. They also have a Reddit page I think.

>> No.6216746

>>6216610
I know how fkn LINK works stop explaining it to me, I'm saying its going to get adopted like a new programming language gets adopted. Its simply faster and cheaper so people will use it. No need to shill it, no need to market it. You think HTML5 or Python was marketed?

>> No.6216764

>>6214866
Lmao you convinced me OP

>> No.6216767

>>6216697
Screencapped for when LINK crosses $5, $10, $20 etc and we all celebrate
We will bathe in nolinker redwojak spam

>> No.6216788

>>6216451
leave we don't want you here

and some tips for you newbie if you really want to make money buy tron, Verge, ripple and confido.

be glad that you got that much and get the fuck outa here

>> No.6216796

>>6216746
>I know how fkn LINK works
Then you wouldn't have said "LINK is for enterprises".

>You think HTML5 or Python was marketed?
The products built on them sure as fuck were.

>> No.6216806

>>6215974
Retard, the LINK erc20 token is the currency you use to use the Chainlink network, which is blockchain agnostic. The network is valuable not the erc20 token by itself. Everytime someone says chainlink is just an erc20 token I know they are clueless morons.

>> No.6216811

>>6216767
>falling for pasta

>> No.6216819

>>6216697
More nodes and more clients and a bigger network would increase the demand for tokens though

>> No.6216840
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6216840

>>6216811
file name

>> No.6216841

I'm holding this and other coins until it goes high enough that selling some gives me a nice "crypto experience" to tell, or until it disappears completely.
I don't have real investments in this, bought all with cheap ETH, so zero pressure for me.

>> No.6216844

I am buying 10k links now

>> No.6216859

How many linkies do I need to make it?
Is 1000 enough?

>> No.6216884

>>6216859
5k

>> No.6216890

>>6216796
What the fuck are you talking about, LINK is for enterprises mainly. What are contracts for now? Now ask yourself who will be the biggest users of these contracts? Enter.Fucking.Prises.

>> No.6216904

>>6216451
Binance

Registrations are closed but you can get in by referral

goo ( dot ) gl /6Lhy6s
Go to My Orders
Then Register

>> No.6216914

absolutely but I'm actually being paid to study because I'm not an us fag

Cheers from the communist europe

>> No.6216928

Holy shit dude, ETH had a working blockchain, tens of thousands of users, revolutionary smart contract platform, 100k lines of code and dozens of devs when you found out about it.

LINK still just has two dudes and a white paper.

>> No.6216931

>>6216697

What's the problem with declining fees? The price of LINK will rise as the amount of LINK you receive for staking decreases. This is just like proof of work.

>> No.6216936

>>6216796
Thats exactly my fucking point dickhead, the products that chainlink will make will advertise themselves. Hence no need to market the fucking token.

>> No.6216979

>>6216890
In the current world, a top-down implementation of CL would be the quickest road to success.
But at its heart, CL is a peer-to-peer contract system that could very well replace the banks and enterprises you're referring to.

>> No.6217039

>>6216979
Oh my god. You and I are talking about different things. You think I'm saying chainlink is gonna be an enterprise. I'm saying they're gonna replace them by being used by them.

>> No.6217065

>>6216904

Seems there's an overall "Registration pause". I just get a pop-up asking to wait for an official announcement.

>> No.6217068

>>6216936
>Hence no need to market the fucking token.
Better tell Sergey to cancel that marketing director, then.

In the end, the more people know about Chainlink, the more potential nodes there will be and the more Link will be reserved for long-term investments and trading.

>> No.6217117

>>6216936
You try explaining chainlink to normies then. It doesnt fucking work. They can barely understand a smart-contract, let alone blockchain. Just let technology be adopted.

>> No.6217119

>>6217039
I'm saying CL is much more than "for enterprises".
The enterprise potential is enormous, but the peer-to-peer potential is absolutely gigantic.

>> No.6217144

>>6216928
That's great man. ETH has a blockchain. So does everyone else now. I couldn't count all the blockchains that exist now and will exist soon: shipchain, vechain, Neo, Eos, iota, omg, etc etc. It's not another blockchain, retard, it's a plug and play middleware that can connect any blockchain smartcontracts to external data with the highest level of decentralized security we know of. It's a first mover in decentralized oracles, not another blockchain, you worthless faggot.

>> No.6217206

>>6216610
This guy knows what he's talking about. I don't know why but I'm going to give it out to all the newfags here, so... We have the platform which is eth, you can code digital agreements inside blockchain. The virtual machine is not powerful enough to run all these smartcontracts, this is where iExec comes in, buy RLC on bittrex. Blockchains can't connect to outside data or to the off-chain computations done by iExec, this is where chainlink comes in, buy Link on binance. This makes decentralized banking possible, but we need to fund it, this is where Ripio Credit Network comes in, buy RCN on binance. You can add some REQ there as well. All of these are for the long term 2020 and on

>> No.6217208

>>6216806
so you could just use fiat in place of the token? or am i misunderstanding

>> No.6217209

>>6214866
>We’re on the verge of completing the cup-and-handle
This is true, however, does the pattern and its implications actually apply if the handle is created by external factors? (ETH eating every coins mcap)

>> No.6217331
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6217331

lol, ChainLINK was started by a philosophy major. it has no backing, just some shitty idea.

you better believe that when it corrects, even if i didn't buy, i'll be here 24/7 spreading FUD to make sure no one buys this shitcoin again

OP is a faggot

>> No.6217364

Binance isn't taking any new users, bittrex isn't taking any new users. Even if this was a shitcoin how does someone new get into this. I'm only holding ETH right now.

>> No.6217381

I'm selling my link, I can't stand you faggots.

I only had 25k from my 180k presale, I sold most of them off at the sibios pump and run up but i decided I would keep 25k on my ledger because I found the project promising which is the reason i invested in the first place and i held those links all the way down to 1k sats too, I was part of a few of the big pooled biz presale funds last year.

Even if I wanted to buy back in I have no doubt there will be better entry points between now and the future, this pump is literally sibios 2.0 except this time we're just taking advantage of the dumb normie and newfag money that flowed in since december and haven't experienced how brutal links PnD's are or any sort of bear market in general. Regardless even if it doesn't dump every alt is totally inflated right now so there will be better prices.

So long link marines, you guys are fucking deluded and I have a suspicion that a select few /biz/ whales with several 100's of thousands from the original pools is what keeps this coin so heavily shilled. Not even a month ago it was common to see 100's of thousand and millions of link traded on the books now it's dry as a desert, completely artificial supply and demand, plenty paper millionaires with no demand to match.

>> No.6217388

>>6215896
40k is plenty fyi. Pat yourself on the back if you bought below 50 cent, and give yourself a handy if you got it at 15 cent. Whatever about LINK going back to 50 cent, it will NEVER touch 15 cent again.

Aslong as you're not all in you're fine, gotta have 15% in shitcoins to moon to grow your stack, day trading LINK isn't worth it anymore. LINK was probabaly the easiest tradbale coin 2 months ago

>> No.6217392

>>6217208
You use the Link token instead of fiat for the same reason you give the lady at the gate your airplane ticket instead of a wad of cash.
Just like an airport, the CL network is an independent system that is best served with a native "currency" that holds internal data for quicker processing.

>> No.6217414

>>6217381
The thread earlier revealed to the world the stuttering shitposters that frequent this board.

Thread quality has already tanked 10%. Once it breaks through the 50 reply resistance the panic will begin and small lurkers and tripfags will begin to log off, with the pajeets already long gone.

Once it shoots through the 20 reply mark, unabated FEAR will ripe through all /biz/ies. With all those who dumped their spare time into this scam twitching at their arsehole continuously while refreshing the catalog.

The 10 reply mark will be met, the largest panic in history will ensue. The final deluded threads will begin to 404, and NEETs with their NEETbucks loaded up in chancoin will be left with it stuck in their wallet, unable to move it to etherdelta to salvage some self respect.

The thread quality WILL tank at this point to sub 5 replies, and most probably sub 2010 levels

From that day forward the deluded NEET lonely nerds who bought chinese shitcoins thinking they had fundamentals will go back to their mcjobs, with no money in their current accounts, to be made redundant by the next wave of third world shitposters arriving to undercut their memes.

Deluded /biz/ies will hold memecoins FOREVER, with no job, no money, no OC, and no crypto.

I warned you /biz/ies. There's still time to get out. Leave NOW.

>> No.6217445

>>6217381
Congrats on your emotional trading, anon, seriously.

>> No.6217451

>>6217381

lol ok. why do you need to post this? I sold off 2000 OMG, yet didnt go join an OMG thread and say how their hype is unsustainable.

Poor fud faggot

>> No.6217470

ChainLink 6 month long cup and handle. We're about to go fucking parabolic, folks.

>> No.6217481

Bought 25 of them this morning when they dipped to 1.15 now they sit around 1.10 not even mad and not sure if they will ever go over $2 dollars I highly suspect it’s a /biz/ over shilled meme coin but they look like they have a good team and I wanted to be able to say I’m a stinky Linky to get in on the memeing.

>> No.6217532

>>6217331
>it has no backing
Weak fud
Shiggy diggy doo

>> No.6217583
File: 48 KB, 800x729, 1514692679210.png [View same] [iqdb] [saucenao] [google]
6217583

>>6216928
>>6217144
kek talk about getting BTFO

>> No.6217602

>>6217470
>6 month long cup and handle

Just based on this alone, how can people say "hurr durr deluded stinky linkies" still?

Let's say I grant you naysayers the notion that CL will have limited real world use in the next year. That doesn't change the TA, and that doesn't change the fact that shittier tokens have mooned much, much harder with worse metrics.

I'm sitting on 50k stinky linkys and couldn't be comfier.

>> No.6217605

>>6217209
I still think it does a little. The chart looked all geared up to keep testing the ~9.5k sats wall and skyrocket. LINK is still holding it's value fantastically compared to other coins.

>>6217331
Shouldn't you be bleeding money on Ripple somewhere else?

>>6217381
>Selling at the cusp of mooning
Yeah, that makes sense to me

>> No.6217724

i was thinking about throwing around 100$ in link
is it to late?

>> No.6217750

>hurr muh cup and handle

STFU
whales don't give a shit about technicals. those of you who think that it MUST do something because
>muh technicals
are setting up yourself for being poor

better strategy is to enter now and define your risk (stop value) and if it does complete a handle, you can add more later to bring your average down

>> No.6217808

>>6217724

No, this is the dip.

>> No.6217824

>>6217602
If it's a cup and handle thats implying a 20-30% dip is incoming to form the handle, and to match the scale of the cup that would have to be over several days/weeks. Even if you believed in that TA selling your link right now would be the best scenario and rebuying the bottom of the handle before it shoots up

The real TA for LINK is just a slow grind up like every other alt this month, the previous peak of link was only ,45 cents at 10k sats, it's already at over a dollar.
Also this same pattern of a pseudo cup and handle is basically there on every ICO that pumped at release then failed and then picked up again this month during the alt bull run (Bancor and Ethbet is the two that comes to my mind but I'm sure there's plenty more)

>> No.6217845

>>6214866
You're right, took me a bit to figure it out aswell. But this really is the next step in the mission of Ethereum.

The most powerfull purpose of crypto is to ''bank'' the unbanked, or give financial services to those who can't access them trough regular means. That is the biggest industry crypto could unlock. Well over 10 trillion dollars is inaccesible because of the current financial system.

ChainLink can actually unlock all that. Its pretty crazy, this coin as an oracle if it succeeds goes well over 350B value.

>> No.6217919

>>6215400
How do the nodes know how to read and respond to the information? How is this information protected from being viewed by unwanted eyes? What industries will use this and can you give a specific example of how a transaction would go down?

>> No.6217926

>>6217824
>selling your link right now would be the best scenario and rebuying the bottom of the handle before it shoots up

I don't disagree, but I have a high degree of faith in the technology and the use case. I bought the majority of my stack at $0.17 and $0.50 and I have no desire to sell. I did swing trading up until it hit $0.60, but haven't touched it since (except to accumulate more).

Best of luck to anyone with the balls to sell now with the intention of buying back in. I'm hodling for sure, though.

>> No.6218031

>>6217824

This isn't a traditional cup-and-handle. This coin has so much upside pressure, it's crazy. While the whole market is down, this is thing has basically bottemed out at 8k sats. It simply refuses to go any lower. The fact that it didn't keep coming back to immediately retest 9.5kish sats is the handle.

>> No.6218080
File: 27 KB, 1263x417, link safety.png [View same] [iqdb] [saucenao] [google]
6218080

>>6217919
pic related

>What industries will use this
all of them

>> No.6218101

>>6217208
Yeah, sure. Whenever you need data off the network just stuff an envelope with some cash and mail it to the node operator...

>> No.6218117

Wait so link is an erc20 token and all it is is transaction fees? No wonder it’s only shilled on an anon forum, it’s fucking trash

>> No.6218200

>>6218117
>so link is an erc20 token
... and an airplane ticket is a piece of paper.

I literally wipe my ass with pieces of paper, therefore airplane tickets are pretty much worthless.

t. you

>> No.6218239

>>6218117
Wow you're a real life potato aint ya

>> No.6218282

>>6218031
Look at the two other coins i mentioned in my post, the graphs are identical to LINK.. and there is probably many more ( I don't keep track of every shitcoin on the market )

The graph was formed by the overall alt market sentiment this isn't something exclusive to LINK, any coin that dumped after ico and was worth nothing has started pumping this month, for comparison 93 out of the 100 coins on the front page of coinmarketcap have at least doubled their market cap in just this past month.

>> No.6218424

>>6217824
>Bancor
Only started uptrending mid-December.
Chainlink's uptrend has been going on for two weeks longer.

>Ethbet
Only started uptrending a week ago, and blasted off with very unhealthy-looking growth.

You're not easily going to find another crypto with the same kind of uptrend like Chainlink has been having since Dec. 1st.

>> No.6218547

How can I buy some linkies w/creditcard

>inb4 coinbase
Not avaliable in my third world country

>> No.6218576
File: 34 KB, 461x319, IMG_1152.png [View same] [iqdb] [saucenao] [google]
6218576

>>6215761
CL YOUTH REPORTING HEEEEEEEEEEEEEIIIIIIIIIILLLLLLLLLL

>> No.6218591

I think everyone on /biz/ is owning a few link already.

>> No.6218647

for those of who are thinking of FOMOing, do realize that LINK is already at 400M market cap

>> No.6218675

Is link good first investment?

>> No.6218756

>>6218647
What kind of retarded point are you trying to make?

Guys guys listen, don't fomo into btc/eth/xrp/ltc it's already at 400m market cap

Trust me on this I'm subscribed to investopedia

>> No.6218844
File: 5 KB, 256x170, yhbw.jpg [View same] [iqdb] [saucenao] [google]
6218844

>>6216342
dbc is a meme anon
neo link vechain & snek - 1 or 2 of these will make it

>> No.6218857

>>6218756
point that those who are expecting a 10x gain short term are in for a huge disappointment

>> No.6219050

>>6218844
snek will make it 100%
even a blind person with an eyefold can see it

>> No.6219075

>>6218806

>> No.6219142

>>6217331
Rent free

>> No.6219210

>>6217845
Too bad they cant afford cell phones with data or computers with Internet

>> No.6219215
File: 211 KB, 1072x1322, 1513538317588.jpg [View same] [iqdb] [saucenao] [google]
6219215

>>6215400
Remain poverty stricken

>> No.6219326

What's the main difference between this and QSP?

>> No.6219419

>>6219326
Decentralized oracle network
Vs.
Decentralized verification/validation of smart contracts before they go live

How do you seriously not know that though? Have you never gone to either website?

>> No.6219625

>>6219326
do you know what an audit is? QSP is for auditing smart contracts to make sure they're safe. LINK is for making smart contracts actually usable.

>> No.6219632

LT GENERAL here.
Stand guard and hold boys.
Some of US will be rich as fuck.

>> No.6219757

>>6214866
what do you think LINK will be EOY

>> No.6219872
File: 429 KB, 399x614, 222.png [View same] [iqdb] [saucenao] [google]
6219872

>>6215400
guys link this will be hanging from their own closets by 2019

>> No.6220075

>>6217206

You get it.

>> No.6220314

>>6216451
>cannot register a user on Coinmarketcap
fuck off

>> No.6220343

>>6217364
EtherDelta

>> No.6220393
File: 86 KB, 680x672, c9f.jpg [View same] [iqdb] [saucenao] [google]
6220393

>>6217206
>>6220075
b-but if I buy Link, RLC, RCN and REQ a-aren't I effectively putting all my eggs in o-one b-basket, anon?

>> No.6220451

>>6220314
yeah i gotta say I lel'd at that one too LELELELELLEELELLELELELEELLELELEELLELELELELELPPPPPPPPPPPPFRAAAAAAABBBBBP

>> No.6220497

>>6219757
Anywhere from .50c to $50

Any update on the viability of the network could cause the Chad singularity. As the information about it's use becomes more clear, there will be less and less incentive to sell.

>> No.6220602

>>6216451
LMAO

>> No.6220604

>>6215994
lmao, fucking pajeet beggar

>> No.6220615

>>6215400
This desu

>> No.6220647

>>6220393

Not really. You're putting your faith in smart contracts, without which crypto would just be limited to being a digital currency and not the revolutionary technology disrupter it can be. Also, I haven't heavily researched into RCN, but my main stacks are RLC and LINK for the reasons that anon laid out.

>> No.6220762

I just want to say /biz/ I wasn't sure about this, and frankly I still ain't. But just bear in mind that the biggest market crypto can unlock is the underbanked (an estimated 10 trillion dollars) Smart contracts can unlock this but it can't do it without an Oracle such as ChainLink.

You're looking at a potential $500B currency.. Like OP says you don't even have to go big on this.. the payout is so immense when this succeeds that you can litterly coast on just a $1k investment.

500/0,391 = 1278,77

thats 1278,77x return. Put in 500-1000$ now and you can cruise on a swiss investment fund for the rest of your life

>> No.6220836

>>6216436
>fudder admits he holds link and is just fudding so people won't buy
Really makes you think lads.

>> No.6220840

>>6214866
Just comparing the lack of professionalism and transparency from this coin to XRB

>I'll stick to XRB for my biggest 2018 gainer, thanks.

>> No.6220868

The chainlink shilling reminds me of when Antshares was being shilled nonstop on biz before it rebranded to NEO. I knew i had to throw some money at it i dont have much, but im gonna try to at least get 10k link before the year is over. We are gonna make it.

>> No.6220928
File: 119 KB, 1080x1920, Screenshot_20180110-101923.png [View same] [iqdb] [saucenao] [google]
6220928

THE FORETOLD PROPHECY

HANDLE IS FORMING GET THE FUCK IN

>> No.6220986

in the last threads yesterday i told you all to set buyorders at 75000 eth everyone laughed at me and now its becoming reality fuck you biz

i told oyu so

>> No.6220987

>10 trillion market can be unlocked trough smart contracts
>ChainLink will enable it to be unlocked
All you need to know, if you're really this fucking stupid then please... get an education

>> No.6221085

>>6214866
From day 1 we the marines understood this. We stacked up like motherfuckers when nobody was looking. Even then I never actually thought this could go to 30B marketcap, how could it. Now that we see what’s going on I have little doubt it will. I stood at the airport last week when hundreds of people were walking around me and just thought, these people have no clue what chainlink is these poor souls. Yesterday when at the grocery store I stood there looking off into space and smiling thinking that shit, 30 B marketcap is nothing if this actually works. It’s insane.

>> No.6221122

>>6221085
Try 300 Billion by the least..

>> No.6221164

10 TRILLION MARKET CAN BE UNLOCKED WITH SMART CONTRACTS

10 TRILLIONS 10 TRILLION

THATS THE BIGGEST FUCKING INDUSTRY UNTOUCHED TO THIS DAY!

>> No.6221332

>>6220840
Hm good choice my kind sir! May our paths cross in fortuitous wonder on the website within which the narwhal bacons at a certain time ;)

If you can decode this message I do wholeheartedly congratulate you.

+1 BernieSanders /u/cuckoldtipbot

>> No.6221378
File: 106 KB, 810x307, capgemini.jpg [View same] [iqdb] [saucenao] [google]
6221378

Smart contracts = game changer

>> No.6221803
File: 3.00 MB, 640x480, 1515059492976.webm [View same] [iqdb] [saucenao] [google]
6221803

https://youtu.be/NDh2IW-pcrQ

>> No.6221871
File: 2.97 MB, 640x480, 1515133069212.webm [View same] [iqdb] [saucenao] [google]
6221871

>>6221803
https://youtu.be/Ulpk02znNaQ

>> No.6221927
File: 1.94 MB, 1280x720, 1515547780963.webm [View same] [iqdb] [saucenao] [google]
6221927

>>6221871
https://youtu.be/xnH2u2jXD5E

>> No.6222065
File: 690 KB, 866x1300, 1512357514634.png [View same] [iqdb] [saucenao] [google]
6222065

>>6214866
>I beg of you, I PLEAD with you, buy some LINK
The absolute state of LINK bagholders.

>> No.6222204

>>6220928
looks more like a tiny dip like the two before it desu but idk

>> No.6222263
File: 35 KB, 640x616, 1515510579247.jpg [View same] [iqdb] [saucenao] [google]
6222263

I got 4k link ~.50$, i know its won't make me rich but it will make a me a decent chunk of change? Every one on biz is talking trading and making profits but I threw 60% of my crypto money into link, and i feel like theres more money to be made chasing pumps n shit. Im still trying to figure out "what is correct crupto strategy" im like 50/50 xlm/link with a decent bag of fun for my income

>> No.6222443
File: 58 KB, 607x629, 1513710684559.png [View same] [iqdb] [saucenao] [google]
6222443

In the end LINK may go to say $30 by EOY, but ICX will be $1,000 EOY.

You can pick any coin and it'll go up, a lot, but don't try to tell me that some shitcoin 30x while others 100x is a good deal.

You can even tell now, in the past week some coins went 2x, which looks great until you see a lot of others went 4x in the same amount of time. Link falls into the 2x category... aka a shitcoin.

>> No.6222697

>>6222263
It isn't easy, I always take some coins for longterm and then use the rest of my money for short term flips depending on market trends etc.

Works pretty good

>> No.6222738

>>6222443
Untill those 4x'ers plummet and Link goes 100x because of its real world use case

>> No.6222819

>>6220928
That's one smol handle.

>> No.6223226

>>6222819
It will probably take at least another week if not more before anything happens. Could be a month

>> No.6223243
File: 23 KB, 633x758, 1431225777612.png [View same] [iqdb] [saucenao] [google]
6223243

>>6215896
>tfw only 310

>> No.6223358
File: 171 KB, 700x368, DQmWpnKTQACtbAtJwicDCn5Xu67ppSZbgfmwUDvQvWKGvBz.jpg [View same] [iqdb] [saucenao] [google]
6223358

>>6223243
>tfw 14,000

>> No.6223517
File: 6 KB, 236x199, 1472763592640s.jpg [View same] [iqdb] [saucenao] [google]
6223517

>>6223358
dont even care

>> No.6223571

help fellow linkies should I buy the dip now or wait for potentially lower floor?

>> No.6223636

>>6223571
wait. the handle is still forming. it could potentially dip to 6000 sats atleast

>> No.6223659

>>6223571
It's scraping it's logarithmic trend line right now.
It will probably not drop further. If it does, only for a short time.

>> No.6223665

https://www.frostbrowntodd.com/resources-events-healthcare-blockchain-and-smart-contracts.html

>> No.6223691

>>6222443
>calls LINK a shitcoin
>but ICX will totally 100x guys, seriously!!

Be ashamed, dirty shill

>> No.6223703
File: 58 KB, 1390x832, 1_Atp7KMH1Qfs_Egrh7FLY_g.png [View same] [iqdb] [saucenao] [google]
6223703

>>6223636
We're not looking at a cup and handle.

>> No.6223711

Linkers,
Would today be a good day to enter? I have about $1k of ETH ready to fire.

>> No.6223739
File: 13 KB, 532x562, 3567356766566-2.gif [View same] [iqdb] [saucenao] [google]
6223739

>>6222065
sir, please do the deedful and buy more link. You may not understand, now, or whenever, but sir, is of utmost importence to buy as many link right now as you can. Sir, please, sir. You don't want to stay poor?

>> No.6223772

>>6214866
Do you need this coin to rise a bit more so you can dump your load you filthy fucking cancerous whale?

>> No.6223786
File: 56 KB, 677x535, 1515531977759.png [View same] [iqdb] [saucenao] [google]
6223786

>>6220868
>Tfw been sitting comfy on a 13.5k LINK stack for a while now

get the fuck in, we're all gonna make it

>> No.6223861

>>6217364
You can buy link at Coss
Non-ref: https://coss.io
Ref: https://sso.coss.io/api/invite/YGNM30I826

>> No.6223864

>>6223711
$1 has had strangely strong support.

It is possible it is tested yet again but it's also possible a breakout may happen at any time.

Perhaps buy in chunks? If you feel comfortable spending 1/3 now and then watching and buying more over time if the price either dips or suddenly spikes?

>> No.6223937
File: 138 KB, 680x545, LINK IN SPACE.png [View same] [iqdb] [saucenao] [google]
6223937

10.7k LINKs. 10k was my goal so I'm willing to daytrade the 700 to hopefully reach 13-15k someday. Should I just wait for the downtrend on the weekly's, however far out that is? Or should I take a bet now? I think it's close to flooring out but what do I know. I guess the time to sell was at 1.47

What would you linkies do? and am I gonna make it?

>> No.6223957
File: 4 KB, 165x115, IMG_1577.jpg [View same] [iqdb] [saucenao] [google]
6223957

>>6215896
>mfw only 70k link

>couldn't buy the extra 30k at the time because australian banks cucked me

>> No.6223964

>>6223937
hodl

>> No.6223996

>>6223937
Don't daytrade link anymore. It's too dangerous at this point.

>> No.6224036

>bought at $1 like a brainlet
>it’s going to corrrect to .60c
My sweet sweet summmer child

>> No.6224065

i would have bought this shitcoin if Bittrex wouldnt have my money locked up due to failed verification

>> No.6224086
File: 150 KB, 602x800, tonight.jpg [View same] [iqdb] [saucenao] [google]
6224086

cuck triangle on the depth chart, ideal time to buy if you haven't already.

>> No.6224218
File: 1.77 MB, 500x278, wpUPY1l.gif [View same] [iqdb] [saucenao] [google]
6224218

>tfw 250k Link

patiently waiting to run my nodes...

>> No.6224373

>>6216071
Then you don't get LINK

>> No.6224437
File: 60 KB, 600x450, 1501306866631.jpg [View same] [iqdb] [saucenao] [google]
6224437

I currently have 2k LINK, 2k REQ, 2k BAT and around £10k in other altcoins.

Should I sell everything else and go 50:50 in LINK and REQ whilst they're still relatively cheap?

>> No.6224470

>>6224437
is that vitalik

>> No.6224990

looking at the chainlink website and partnerships makes me uneasy. This is unreal. Good things like this cant happen to me. Unbelievable. Cheat code to life and people are chasing shit coins.

>> No.6225035

>>6224990
i only wish we could get just a LITTLE bit of action from the team. they are radio silent after taking $30 million from ICO investors

not even 1 tweet a month and i cant even get in the slack

>> No.6225052

Stupid question:

Should I sell my DGB for LINK?

>> No.6225123

>>6224470
livin it up

>> No.6225143

>>6225035
You can get in Slack. Just email Rory and ask for an invite.

support@smartcontract.com

>> No.6225176

>>6225035

Look at sergey's liked posts on twitter and his old quora answers and his u/smartcontract reddit posts if you haven't already. It's all extremely intentional.

>> No.6225250

>>6225143
Spoiler: he never tried to get in beyond a single direct sign-up attempt.

>> No.6225984

>>6217119
someone post the infographic about the proportion of the world's economy that is taken up by bonds and derivatives.

You and Johnny down the street will never use CL for a smart contract. Sergey says it himself. It's for banks, big data, and financial institutions.

>> No.6226055

>>6225035
Why do you think LINK weathers every storm, and will stand tall if Bitcorn decides to shit the bed tomorrow? It's the most FUDed token in history. Primarily by its very own holders, because they wanted to keep the price as low as possible.

https://venturebeat.com/2018/01/06/with-cryptocurrency-buy-the-substance-sell-the-hype/

>> No.6226103

>>6225984
>You and Johnny down the street will never use CL for a smart contract.
Lol. Do you even know what CL does?

>> No.6226148

>>6225984

dude i will never use any of these coins.

>> No.6226151

if i could make a fucking account on binance I would

>> No.6226226

>>6226148
you'll use OMG bitch

>> No.6226365

>>6225984
>You and Johnny down the street will never use CL for a smart contract.
Look up AXA Fizzy.
It's a flight delay smart contract, running on a proprietary oracle (for the time being).
CL would be a much better choice for it once it's out.

This is one of the millions upon millions of practical use cases you and I will personally find ourselves using in the future.

>> No.6226377

>>6224437
That's what I've done, except I keep 10% in ETH in order to 2x it every few days on risky short term moon missions, and accumulate more REQ/LINK, whichever is dipping at the time.

>> No.6226417

>>6226226

how come it's down so much in the 6month graph? serious question.

>> No.6226503

>>6225984
Here, file too large for 4chin.
https://imgur.com/a/8Rr2U

Derivative market is estimated to be between $630 Trillion and $1.2 Quadrillion. And LINK is perfect for them.

>> No.6226669

>>6226417

oh wait, my blockfolio graph isn't anything like the one on coinmarketcap

wtf

>> No.6226829

>>6223243
Tfw 250 link, kill me pls

>> No.6226945

>>6222443
lmao more like a buck fiddy

>> No.6227004

>>6223703
YOU CAN STILL HAVE CUP AND HANDLES WITHIN A MACRO J CURVE

JESUS YOU GUYS ARE IDIOTS

>> No.6227065

>>6218675

no, but make sure it's your last

>> No.6227113

>>6220393

nice pic reddit faggot

>> No.6227143

when would be a good time to get into link with a couple hundred bucks?

>> No.6227347

>>6227143
Right fucking now. And don't touch them for a year, no matter what happens tomorrow, next week, or next month.

It reaches $0.5? You hold. It reaches $5? You hold. It reaches $10? You hold.

>> No.6227392
File: 1.20 MB, 848x7714, 1511902265849.jpg [View same] [iqdb] [saucenao] [google]
6227392

>>6225984

figures are a bit old now but you get the idea

>> No.6227458

serious question... why does blockfolio not match coinmarketcap? OMG shows down 60% on blockfolio 6 month

>> No.6227515

>>6227458

it's a shitty app in general but it's really been fucking up the last two days.

>> No.6227545

>>6227515

fuck i hope i'm not actually down more than it says. i should switch to delta i guess.

>> No.6227570

I'm almost sure that the old guard of digimarines (legend tells that even to this day they are still NOT SELLING) became the linkies somehow

They both share the same traits

>> No.6227584

ChainLink github has been dead for 2 months. What's up with that?

>> No.6227646

>>6227584
Steve and Sergey are backpacking in Polynesia for a couple of months. Don't worry about it.

>> No.6227704

>>6227646
I heard that they are continue working next months so no worries

>> No.6227707

>>6227458
coinmarketcap is an average of many exchanges, so no app is ever going to match it.

>> No.6227722

>>6227584
they are working on a private repo porting the project to Go.

>> No.6227723

>>6215761
>This is a great idea
>plz spread this

CL-Sturmbannführer reporting is

>> No.6227792

>>6227392

you need to add a tiny pixel to represent LINKs current size

>> No.6227922

>>6224218
Nodes will be easy to run right? I can pool my link with some other marines and take a cool 5-10% income per year? (minus pooling and hosting fees)

>> No.6228000

>>6227922
There are already a couple of instruction videos out.

But don't worry. If you're holding a substantial portion, you'll be able to hire a couple of IT guys to maintain everything.

>> No.6228004

>>6227922
LinkPool is no work other than sending your link to the address, and the ROI is accordingly probably lower than doing it yourself.

>> No.6228060

/thread

>> No.6228068

>>6228000
>>6227922
But there will also be pools, yes.

>> No.6228221

>>6215511
Airplane ticket is just a piece of paper

>> No.6228280

>>6215896
>only 78K

just FUCK my life up senpai

>> No.6228368

>>6214866
I will never send what little Link I have. I mean I will, but I'll never sell the whole stack.

>> No.6228501
File: 215 KB, 1920x1080, houseepitom H3cqooD.jpg [View same] [iqdb] [saucenao] [google]
6228501

>>6215512
https://medium.com/@garrisonxci/how-a-death-oracle-will-manage-your-money-in-2058-934dc61355bb

>> No.6228521
File: 342 KB, 1080x1346, Screenshot_20171202-132255.jpg [View same] [iqdb] [saucenao] [google]
6228521

>>6214866
Genuine concern trying to get peopple to invest in a solid company to make money and improve their pathetic lives? OP is legit

>> No.6228645

>>6216451
Fucking leave faggot

>> No.6228664

>>6216161
>or you are a good person who enjoys getting other rich

I've spent 3 months FUDing the fuck out of LINK so that I could accumulate at low prices. But as mainnet launch approaches, it's time to let others in on the fun.

I genuinely want my /biz/bros to succeed alongside me.

>> No.6228928

Fuck you i have 3 links. Should i buy more?

>> No.6229040

>>6228928
If you need to ask that, then no. Don't buy more.

>> No.6229128

>>6227004
No you are :3

>> No.6229158

>>6229040
Go fuck yourself. I can afford only 30 more. Probably still going to do it. Cause nobody believes a dirt poor pajeet making gains from nothing

>> No.6229204

Bought 2.2k links, will accumulate 'till 5k. I like the project very much and I hope it great success. I hope you all make it too. A toast for financial independence!!

>> No.6229232

>>6229158
Then do it and stop asking stupid fucking questions that you already know the answer to.

>> No.6229290

>>6229232
For a linkie you are toxic

>> No.6229330

>>6229290
Because you reek of normie newfag, and I don't want you to succeed.

>> No.6229351

It would be a miracle if link crashes to 50cents. So i and some other late comers could get in this shit

>> No.6229409

What website are you buying Link from?
I have Bittrex and Kucoin but it's not on either exchange
and Binance isn't taking new registers

>> No.6229421
File: 32 KB, 640x480, 1501828841679.jpg [View same] [iqdb] [saucenao] [google]
6229421

>>6216451
Sweet Christ

>> No.6229502

when will companies start to use chain link?

>> No.6229529

>>6229409
You could always go to ED or Okex if you're willing to pay a couple of extra cents.

>> No.6229727

>>6229502
I'd expect a few early adopters (banks/insurance) upon, or in the weeks following the mainnet launch. And then it'll only snowball from there.

>> No.6229834
File: 455 KB, 1024x773, llynch.jpg [View same] [iqdb] [saucenao] [google]
6229834

>> No.6230056

41k Major reporting in. What do you think the realistic chances are that I make it

>> No.6230118

>>6228928
Buy more or kys immediately

>> No.6230236
File: 277 KB, 510x359, 1501436096737.png [View same] [iqdb] [saucenao] [google]
6230236

>>6215761
This will help to keep the price low longer to buy more!

>> No.6230341

>>6230056
you are a stinky linky already, no way falling deeper, only up

>> No.6230491

>>6227584
why would they share their valuable proprietary code?

>> No.6230667

>>6228221
That's what I said, yes.

>> No.6230906

>>6216746
Both of these are heavily marketed to developers, retard.

>> No.6231036

What are the EOY most likely + best case predictions?

>> No.6231131

>>6231036
Most likely 30-50$ best case 100$

>> No.6231216

>>6231036
Link will retrace down to sub 50 cents and then stabilize at 1.50 after testnet is done. 22 dollars eoy. Market sell while you can and buy back in 3 months.

>> No.6231308

>>6231216
selling link, not happening.

>> No.6231392

>>6229204

That’s exactly how much LINK I have, and my hoped-for goal before the show starts. Good luck linkbro

>> No.6231516

>>6231036
Wild guess would be $27.

But guessing is useless at this point. News of partnerships with institutions along the way will greatly affect the price.

>> No.6231549

>>6230056
I plan on making it with 26k

>> No.6231581

>>6214866
>A final plea

I really wish it was true but I'm totally doubtful.

>> No.6231592

>>6231216
>Market sell while you can

Autism. The post.

>> No.6231611

>>6231581
Then don't buy. It's that simple.

>> No.6231709

>>6231581
If only it was... amirite /biz/?

>> No.6232063

>>6214866
BTC works, because china miners pay nothing for power and then sell their BTCs as soon they have them. Then wait it dips due to whales taking money in and use their own mined coins to create fake demand. This cycle will work until its something to mine.

As soon mining dies, BTC is a commodity, like western union. The transaction fees will superior lower, but thats all. This will drop to unseen depths because there are coins v2.0 or 3.0 who do all this better. ETH is the same. As soon mining stops, money stops.

LINK is pump and dump. I see no reastion for the kikes to keep up the network when they became millionaires. The only reason to continue is, if they had an own exchange.

>> No.6232159

>>6215917
Nobody switches to smart contracts. There is a escrow problem here and nobody secures any of this shit with some open sources students claiming any bank will move 100s of billions this way. For a speck of that money they build something themselves. SWIFT is already investing in like 10 blockchain companies who don't have coins.

>> No.6232166

>>6222443
>guys you don't want to 30x your money because it is too slow
Holy shit what has this crypto market become? In literally any other market you would be saying not to 30x because there is no way it could be true.

>> No.6232183
File: 66 KB, 700x560, 1515530560220.jpg [View same] [iqdb] [saucenao] [google]
6232183

LT. Col., will I make it?

>> No.6232261

This is indeed the next first mover, like Ethereum was for decentralized smart contracts

>> No.6232270
File: 224 KB, 728x538, chainlink PoC.png [View same] [iqdb] [saucenao] [google]
6232270

>>6232159
>hurrr banks will build their own oracles
Good luck getting pic related to work without a common framework.

>> No.6232464
File: 15 KB, 318x405, 1480966634970.jpg [View same] [iqdb] [saucenao] [google]
6232464

>>6232159
>Every bank will sit on their own centralized oracle

Oh, so back to square one?

>> No.6232476
File: 112 KB, 810x1080, mordhau blocks ur path.jpg [View same] [iqdb] [saucenao] [google]
6232476

FUCK OFF AMERICANS

WHY WOULD LINK HOLDERS BE MARINES WHEN SERGEY IS EUROPEAN??

ARE ARE KNIGHTZ NOW

>> No.6232482

>>6232270
The only thing that is different hows done now, that you added the nice Chanlink blocks to it. I talk to banksters all the time, they think blockchain and crypto are an revolution in the making, but they say "Lets keep the middleman coin out of it" again and again.

Chainlink operates like an currency in this diagram. That currency adds to the risk. Why not just feeding fiat into this and lets the computers do their thing based on USD? Exactly. Nobody is crazy enogh to add more risk.

>> No.6232604

>>6232464
Thats their power. Thats the reason you have to go to them. New regulations for FINTech companies requires banks to practically give away all their data to registered parties for free. So there is access to your home account in the future. But they don't need to do anything. Someones has to give you a lever, so banks give up their systems. Blockchain is one part of the lever, but not the whole.

Sell me a crypto bank that keeps my income radically safe, visa card and disposable credit on ETH, and that might be the other side.

>> No.6232647

>>6232482

Knowing the mortgage loan officer at your local US Bank doesn't count as knowing bankers. If that's what you understood from looking at that chart you are a Grade A brainlet, congrats on that seriously.

>> No.6232679
File: 79 KB, 800x587, 1514495148072.jpg [View same] [iqdb] [saucenao] [google]
6232679

>>6232482
>Chainlink operates like an currency in this diagram

This is how I know you've either not read the whitepaper, or was too god damn dumb to understand it.

>> No.6232818

>>6232476
>sergey is european
no?

>> No.6232867

>>6232647
How about the second chief of car loans of CITIy.
You don't refute my arguments adding more risk and a new middleman to the curb, but question my credentials. A sixteen year old with a brain can ask the same questions.

Just adding magic diagrams and claming "Banking has to call us. 2000 billion a day swift banking WILL HAVE TO CALL US" is demented.

>> No.6232881

>>6232482
First off: I'll ignore your Pajeet English.

>The only thing that is different hows done now, that you added the nice Chanlink blocks to it.
1) the process you see in that chart is not "done now" at all.
There are no smart securities yet, but players like Swift desperately want them, which is why they turned to Chainlink. You absolute doofus.

2) that's kind of the point; Chainlink is a very low-threshold solution, and basically all that happens is a CL node is added to a process to make the impossible happen.
Banks won't even have to change their APIs.

>but they say "Lets keep the middleman coin out of it" again and again
Lol, and my dad says you're a homo.

Meanwhile here's an actual high-level source saying they WANT third parties to be involved:
"David Watson, head of digital cash products
at Deutsche Bank. “If someone else can
deliver a part of the value chain better than I,
and provided that I am comfortable that the
experience will benefit my client, I am happy
to provide 80% of a service, and bring in a
startup to offer the other 20%"
Source: https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

>Chainlink operates like an currency in this diagram.
BWAHAHAHAHAHAHAHAHAHAHA
You have zero clue what you're talking about.

>Why not just feeding fiat into this and lets the computers do their thing based on USD?
Same reason you use airplane tickets at the airport instead of handing the lady at the gate a wad of cash.

>> No.6232937
File: 7 KB, 218x126, 1515612805529.jpg [View same] [iqdb] [saucenao] [google]
6232937

>>6232679
Sure, why is there a "fiat part" at the end to swift?

>> No.6232970

>>6232867
You're way out of your depth. You're arguing something you have absolutely zero knowledge of.

Read the god damn whitepaper, then come back and argue your points.

>> No.6233032

>>6232881
>we have better and cheaper tech
Thats the argument? Why then coin shit? If the coin fluctuates wildly in the last step, who is taking the risk for that? SWIFT? Why?

>> No.6233111

From day 1 we the marines understood this. We stacked up like motherfuckers when nobody was looking. Even then I never actually thought this could go to 30B marketcap, how could it. Now that we see what’s going on and the Mcaps of some coins I have little doubt it will. I stood at the airport last week when hundreds of people were walking around me and just thought, these people have no clue what chainlink is these poor souls. Yesterday when at the grocery store I stood there looking off into space and smiling thinking that shit, 30 B marketcap is nothing if this actually works. It’s insane.

>> No.6233116

>>6232063
So that's good or bad for linkers

>> No.6233145

>>6233032
>>we have better and cheaper tech
What?

>If the coin fluctuates wildly in the last step, who is taking the risk for that?
1) because the token is native to the network, the value of the token will reflect the health of the network, meaning nodes have another reason to do well
2) nobody takes any risk. Whether Link is $1 per token or $1 Billion; you can still transact a single $ cent using Link since it's divisible to 18 decimals.

>> No.6233146
File: 145 KB, 645x729, 1512730335676.png [View same] [iqdb] [saucenao] [google]
6233146

>>6232937
Ethereum has existed for a while now, so talking to someone who doesn't even understand the functionality of a smartcontract is a rare occurence. I suggest you first read up on what smartcontracts are, and how they function.

When you've understood what a smartcontract is, you should proceed to read up on decentralised and trustless oracles, and why they're needed.

>> No.6233148

>>6232970
https://www.coindesk.com/three-smart-contract-misconceptions/

>> No.6233157

Reminder that because of the passive income you can earn from Link, each Link will be worth far more than other coins compared to the size of its market cap. $10,000 Link is possible in 5+ years.

>> No.6233208

>>6233116
well he mentions the word "kikes" as a form of argument, so ignore him.

>> No.6233278

>>6230491
Why did they share it before?
Why do they specifically and repeatedly mention ChainLink as a fully open source project in the whitepaper???

>> No.6233309

>>6215761
Fuck off scum

>> No.6233367
File: 56 KB, 677x535, 1515601630248.png [View same] [iqdb] [saucenao] [google]
6233367

>>6233148
HAHAHAHAHAHAHAAH

Did you even read the article, you retarded motherfucker? It was written in 2016, and the author says that one of the primary reasons smartcontracts can't become mainstream is the very same thing that LINK was designed to fix. Which is what everyone has been saying all along. LINK is what will allow institutions to utilize smartcontracts.

You retarded motherfucker.

>> No.6233373

>>6233309
>100% rebecca

>> No.6233409

>>6233146
Who ensures the system against a oracle fail.

>> No.6233428
File: 41 KB, 645x773, 1513802982756.gif [View same] [iqdb] [saucenao] [google]
6233428

>>6232063
>>6232159
>>6232604
>>6232867
>>6233032
>>6232937
lmaoing m ass of @ this pajeet

>> No.6233464

>>6233409
>Oracle fail

It has been explained numerous times in this thread.

Read. The. White. Paper. You. Retarded. Motherfucker.

>> No.6233492

>>6233373
You dipshit nazis don't even realize what you're investing in.
>Who is Ari Juels
Save your $10 for some rat poison and go follow in your fuhrer's footsteps.

>> No.6233511

>>6233367
You added nothing to the discussion than saying "this is a black box thats so special only chainlink can do it". So there are no other smart contract coins? Someone must be shilling. Either LINK or the others.

>> No.6233588

>>6233511
>So there are no other smart contract coins?

LINK isn't a smartcontract coin, you retarded fuck.

>> No.6233637

>>6233492
wow rebecca, how sweaty are you right now?

>> No.6233666

>>6233511
>So there are no other smart contract coins?
Well there's Smartcontractcoin (SCC). Check them out on coinmarketcap, they're in the top 20.

>> No.6233997
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6233997

>>6233588
>>6233666
dubs confirm
guys it's a waste of time, fuck em
let them stay poor. They clearly know they are missing something but are to dumb to understand any of it, otherwise they wouldn't even come here. If I don't like coin x I just don't go to its threads etc.
Let those cucks watch from the corner, don't spoonfeed them

>> No.6234004

>>6233464
The whitepaper muses 20 pages long how hard it is to build a oracle network of trusted sources. And why Chainlink is needed. Nice. Now explain how and don't draw funny diagrams. They claim they solved the problem with Bloomberg gives them secure guaranteed data. Bloomberg will give them shit.