/biz/ - Business & Finance

Also reminder that if you're not a NEET, but in an industry that could utilize smart contracts, don't be a fag. Yesterday I stood in front of the entire management of my company (with some 15k employees) and shilled the fuck out of smart contracts because they'd quite literally save us tens of millions a year, and of course I namedropped LINK when explaining why no one has been able to utilize smart contracts until now.
Do your part, faggots. Smart contracts will revolutionize just about every industry. We just need to force the fuckers to take the leap.

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

idk man im losing hope, the copy pasta is getting to me

Guys please fuck off with the pastas

I really believe in LINK. It's a great project that normies don't understand. Market is weird, BTC is still useless but going up. $1000... but maybe not EOY.

>>7826964
EVERYTHING IS ENERGY AND VIBRATION
ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU

MEDITATE DAILY AND VISUALIZE LINK REACHING $1000 IN THE PRESENT MOMENT FROM YOUR HEART CENTER

WE WILL ALL MAKE IT

>>7826791
Ppl like to lose money and buy this shit

people who ask about price predictions have got to be the most mentally retarded group of people in biz

>>7827266
You might actually have full blown autisto retardation.

When the mainnet launches, and coins are locked down for staking, it could go to $10-100 overnight.

>>7827409
YOU MUST BE CERTAIN THAT THAT YOU WILL RECEIVE WHAT YOU DESIRE
CERTAINTY CREATES INTENTION
INTENTION CREATES BELIEF
BELIEF CREATES UNDOUBTEDNESS
WHEN THERE IS NO DOUBT THERE WILL BE NO CHOICE BUT FOR IT TO MANIFEST INTO REALITY
NOW WE ARE CERTAIN, IT IS IMPOSSIBLE TO FAIL
DON'T JUST THINK ABOUT IT WITH YOUR CONSCIOUS MIND
FEEL IT - FEEL WHAT IT'S LIKE TO MAKE IT
FEEL THE EMOTIONS YOU WILL FEEL WHEN LINK HITS $1,000
FEEL THE EMOTIONS OF YOU BUYING YOU DREAM HOUSE AND CAR
FEEL THEM ALL AS THOUGH IT IS HAPPENING RIGHT NOW IN THE PRESENT MOMENT
IF YOU CAN FEEL IT BEFORE YOU CAN SPEAK IT, THEN THE MANIFESTATION IS WELL ON IT'S WAY!

>>7826791

Its either worth $20,000 or nothing

>>7826791
Ive ran many simulations. My final price is based on BTC price.

BTC $5000 - LINK $14
BTC $10000 - LINK $28
BTC - $20000 - LINK $56
BTC - $40000 - LINK $112

>>7826791
$77777 EOM cause OP is a faggot

>>7827409
Jesus christ fuck off reddit

>>7826791
I'd like to know how they're going to guarantee the security and decentralisation of the network when there are a handful of whales holding 1million+ each

>>7826791

5$ Late march
25$July
450$October
1000$ eoy

1000$ eoy

$1000 EOY

>>7827519
So your concern is basically whales tanking the value of by dumping or manipulating? How would it impact the security of the platform?

>>7826791
The funny part is you cannot calculate atm the value of chainlink.
- How many business will be using chainlink
* partnerships
* which kind of financial products
- How much do you get from running a node
- How long do your chainlink get locked
- Will chainlink deliver a solution to pay the nodes in dollars instead of chainlink?

etc.

Based on market sentiment : few large partnerships announcements , working tech and active marketing, and good node returns. 50 bucks.

Realistic I think 15 eoy.

Would love 1000, but I can't see it happen.

>>7827438
you are a MANIAC

ive heard 1k EOY

Considering the marketcaps of the top 10 coins, what's planned for this year, and that this is easily a top 10 coin, I think this could easily break 30 dollars this year. There's no way this is worth less than coins like cardano.

>>7826791
2$ EOY at best

>>7827690
>>7777777

if Link works as intended, it will be worth a fucking lot. that's really it. like... a lot.

>>7827524
one can dream

>>7827651
this

I am confident link will spike to $5b MC, just shy of $20/coin within the year.

>>7826791

This all depends on partnerships, or in other words adoption.

Some signs Swift/Tesla/Airbnb are on board, at least some of their developers. If this turns out to be true easy 5-20 end of year (depending on the state ofcryptomarket) with accumulation of more coompanies adopting 20-50 realistic.

some bad scenearios:

1)chainlink being a self-shrill coin. for all we know sergey getting fake linkin profiles to work on the code.

Reason:
bad code
We know he has a tendency to plant swift logos where he can

2) Oracles being built and maintained by companies themselves or other 3rd parties

Reason:
Ripple's interledger (will rival chainlink for swift)
just makes mroe sense to maintain code themselves

3) Chainlink tokens useless for upkeep of oracles

Reason:
Just not a strong reason why a token should be involved, besides staking/vouching for the nodes.

What's a good wallet for stinky linkys?

>Oh Anon, it's so hard finding a stable job these days... Since 2021, that is for the last two years almost everything is automated! But hey, wait, I haven't asked you what do you do!
- Where do I work? To be honest I don't really have to work these days, I'm living on a passive income that is enough for me to have a lot of time for my hobbies and travelling.
>I don't believe you, you won a lottery or something? *laughs*
- Well, you heard about this thing called LINK, right?
>*bites her lip* o-of course I did, everyone has
- So In 2017 I was mastering advanced computer science. I was researching blockchain technology which back then was a nerdy niche. For example, I was digging through hundreds of thousands of posts on a very specialized Internet forum dedicated to cutting-edge cryptocurrency trading methods. In short, after becoming a self-taught expert in this field...
>*looks at you with mouth wide open*
- ...I decided to buy LINK tokens for around 0.1$ at this thing called ICO... Anyway, you can guess the rest!
>*blushes and gently pats your shoulder* Haha, you must have a lot of them!
- Nah, in fact I sold them all when their price reached 10$... Pretty silly of me, but who would have thought! I'm still happy with what happened, I can do what I want and I paid all my parents' debts!
>*looks awkwardly on the floor* Haha Anon, what a crazy story, you're so smart! Emm you see, It was fun talking with you but I have to go now. What a coincidence... you know Chad? He bought LINK at 10$ after seeing it on CNBC and… you’ve seen his hands? Haha, they are so big and strong... Anyway, today he's throwing a party on his yacht and he invited me, can you believe that? I need to go now, I don't want to be late! Bye Anon!

>>7826979
if LINK hits $1000, even just $500, then I'm a multi-millionaire.

i actualy find that hard to believe. it cant possibly go that high, can it?

>>7828021
she really has a punchable face, dont know why.

>>7828021

i love creative shill stories

>>7827340
>people who ask about price predictions have got to be the most mentally retarded group of people in biz
why? isnt that essentially the essence of investment?

>>7827964
a good ether wallet since theyre erc20 tokens

$25 by EOY if its an average year. Cuz that's relatively normal growth in this market and mainnet + zeppelin_os and the ICOs that launch using it will easily cover that gap.

$50 EOY if there's a major partner announcement we don't know about (cough Facebook).

We'll be crossing $200 by EOY 2019, because the SWIFT/bank DLT projects will be closer to launching and will have updates that November, plus 2018's ICOs will be coming online.

We'll be crossing $500 in 2020 when bank DLT projects all start coming online.

By 2022 when I'm cashing out, $1000-1500 easily.

>>7828021
you have issues. clean your room

>>7826791
$20 eoy, the real profit from link will be staking.

>>7828268
2/10 FUD

The best part is the big companies using Chainlink will not care about the price as they will be thinking USD. It wont matter if the node wants 1 or .01 link - they are going to look at it in dollar terms.

>>7827506
is that real? Does he actually look like that?

>>7828498
Our future is in the hands of that sandal clad man.

>>7826810
Shill us on how to shill Smart contracts

>>7826791

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/what-it-really-takes-to-capture-the-value-of-apis

API economy is worth 1 trillion USD, if LINK captures 3% of this that will make LINK worth 30 billion, however we are in a speculative bubble so it could easily be overbought by 500%, leading to a 150 billion market cap. So roughly 150 USD.

Now before you insult me for 'pulling numbers out of my ass' someone did this with ethereum and how much revenue law firms earned from contracts between two parties and came up with a figure of like 300 USD. They were laughed up, but look at us now. And ethereum isn't even used for that yet, so 1k LINK is possible in this speculative bubble.

>>7828598
its pasta my boy

it will be around 10 dollars EOY

but only because market cap will be 5 trillion

>>7827651

stinky linky here but in all honesty cardano is going to go on a killing spree this year

>>7828612
very interesting.

>>7829180
kek

>>7829180
10/10

LINK truly has the best memes.

>>7828085

Imagine Sergey announcing FB partnership at SXSW. I'd die

>>7829180
When will the taunting finally cease????

>>7826791
unironically $1000 eoy

My trips say $1000 eoy but what do I know

>>7827492
This is the most retarded thing I've seen and I've seen some really dumb shit

>>7829581
sorry, fixed now

>>7826831
you are a MANIAC

>>7829795
hold on I got it for ya

>>7829795
Stop embarassing yourself, child.

>>7829812
I’ll take it from here

>>7826791
pic related

>>7826791
$44.20

I think link will hit about $5. This is purely due to meme magic. It's fucking retarded but I believe in meme magic even though it is kind of a supernatural thing. I was confident Trump would win in the year leading up to the election and I'm just as confident about link. It's not based in anything because I know jack shit about tech or crypto but you don't need to for meme magic to work.

On a side note, I believe 4chan is dying and this is the last time MM will work for any board

>>7830294
>I believe 4chan is dying and this is the last time MM will work for any board
I have the same feeling

It's chaos now

>>7828061

me too

>>7827641
i've heard your mum gay

There's 1 billion LINK tokens. Even assuming 90% of them get locked up in nodes, that's still 100,000,000 LINK in circulation. With 350m in circulation right now, you have .70c per token give or take. So give it roughly ~x3 value for supply, and allow for x10-x20 growth with adoption (generous), and you still only get $20-$40 per LINK.

All this $100-$1000 dollar stuff is delusion for the next decade, let alone EOY.

>>7830592
nice pasta

1k eoy
Derivatives
Checkem

>>7830592
MOMMMMM, HE POSTED IT AGAINNN!!!!!

If there's a definitive answer to the question: why did NEO (Antshares) moon on June 16th-17th from $1.80 to $3.60, we can begin to look at when/ how LINK mooning will look like.

For reference, on June 16th, NEO volume was $10million, the next day, it was $87million. DYOR

Why does nobody think $100 EOY is possible? That would be a market cap of around $35B. Everyone forgets the whole market cap of crypto will be going up as well while LINK moons.

Right now the total mcap is $0.5T. A lot of people are saying $20T by 2020 is possible. Let's say we make it 1/4 of the way there this year, to $5T. Let's assume a 10x for all crypto projects this year then. That means LINK would only have to reach $3.5B in terms of today's money to be worth $100 EOY.

What's worth $3.5B today? Literal vaporwave coins like TRX and XEM. And let's not forget ADA with no product whatsoever is worth $10B for some reason. So is reaching $35B ($3.5B in today's money) attainable for a project with a first mover advantage that promises to link smart contracts to markets in fintence and derivatives worth easily $100T+? It would only need to absorb .004% of a $100T derivatives market to reach $35B. Easily done for a project with this much potential.

$1000 EOY is bit rich if you ask me. But by 2020, entirely within reach. Basically, if you have at least 1k LINKs, you WILL make it by 2020. Remember LINK can only go up from here, the hype train hasn't even left the station for this coin, nobody has even heard of it outside /biz/ and a few subleddits. Once they hire a marketing director and have an active twitter, things are going to get fucking real in a hurry.

>>7826791
>real link price predictions
>$0.78 eom
>$1.12 by march
>$0.88 by 2q
>$1.66 ath by eoy
>$0.36 again before 1q 2019
>$1.89 by 3q 2019
>$0.80 by 4q 2019
>$5.86 by 2q 2020 because the full implementation will have been perfected and fully deployed with plenty of the right players in enough industries to cause adoption to snowball and the price singularity to reached quite suddenly at that time

>>7830728
wouldn't even surprise me one bit to be honest.

>>7830719
I wrote that yesterday, and lo and behold, their twitter is now active: https://twitter.com/chainlink?lang=en

Only up from here (whole altcoin market dips notwithstanding)

>>7826791
WE ARE DONE, LINK MARINES
THE SPACE ODISSEY IS OVER
BACK TO PLANET 0.60

>>7830592

>$20-40 is considered fud nowdays

>>7830803
PIC RELATED

>>7827941
I’m starting to not believe the swift partnership. Just because they have the logo on their site doesn’t mean anything

>>7830828
Stop being autistic and looking at the price every minute. Look at dips like you'd look at a fire sale instead. God has given you another opportunity to get cheap stinkies. Praise be with him.

>>7827941
Never mind take that back. You are more level headed then the idiots on here. I wish people could have legit discussion instead of trying to doom idiots into buy link

>>7827941
2) and 3) show you don't understand crypto, 1) shows you don't understand coding. Nice try, but try again.

>>7829381
The singularity would really happen then

nobody can get rich off link unless they already have 50,000 bags bruh

>>7830857
>>7830907
What's level-headed about being stupid? There is no reason to not believe that SWIFT is involved based on the evidence presented. Do you think they'd let a clown run around publicly and make millions with their name? His "technical" points have 0 substance and show that he either is clearly fudding or has no idea where crypto is going. Either way, ignored and advised to DYOR. People who understand don't want to waste their time on you guys.

>>7829381

Seems like he'll be announcing the DocuSign partnership at SXSW

>>7826964
WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

FAGGOT

>>7830592
What's with the butthurt stinky linkies calling this pasta? Has their delusion seriously gotten to a point where they non ironically think that LINK can reach $100? Jesus, I knew it was bad but not this bad.

>>7830781
>I wrote that yesterday, and lo and behold, their twitter is now active
>literally one tweet
let's talk again in 2 months when they tweet again anon

>>7831023
Doubtful

>>7831120
Three weeks
Big conference
Big tweets
Big marketing
It begins

>>7831053
you are a MANIAC

>>7830717
Greetings, newfag. There was a conference where they announced their rebranding.

>>7826831
drugs or mental.

>>7830719
>What's worth $3.5B today? Literal vaporwave coins like TRX and XEM. And let's not forget ADA with no product whatsoever is worth $10B for some reason.
Don't forget that money from these shitcoins will eventually start moving into more promising ones as time goes on. Even at the current market cap the price could start going up if people start moving their money around for better investments.

>>7830728
I'm pretty sure Antisthenés used to be pussy slayer.

>>7827438
i like this one

>>7828021
look at me. im the chad now

>>7826831

>>7829812
jesus. let me handle this

>>7832132
Fukkin casuals

>>7830803
you should be celebrating, fag. accumulate

It would not shock me if link was worth 100k-1m in 5-10 years.

>>7830717

Mr. Sergey, you will hire me to make many more good advertisements like these :
https://www.youtube.com/watch?v=kTg3OdmtA9s
I will make you many link kind sir, very please let me help you

>>7832541
>mfw that would make me the richest man in this shitty third-world country
Even kek is not that merciful

>>7828021
> I was digging through hundreds of thousands of posts on a very specialized Internet forum dedicated to cutting-edge cryptocurrency trading methods
fucking kek

>>7832541
maybe in 50 years when hamburgers cost half a million dollars

>>7832815
Not necessarily likely, but the usecase would justify it.

>>7827436
When does mainnet launch?

>Here, run this Link node.
Why?
>It'll give you Link tokens.
What can I do with them?
>You can stake them on your Link node.
Why?
>It'll give you even more Link tokens.
What can I do with them?
>Stake them on your Link node.

Sounds very useful thank you goodbye.

>>7833062
Once they announce the partnership with McDonald's you'll be able to redeem them at a rate of 1 link to 1 big mac

>>7833062
I actually don't think you'll be able to stake them on the same node right away. I think at some point the amount of link you put in a node is locked in and can't be added to unless you withdraw your original link. But If you withdraw, you lose your reputation and could hinder your node in the long run.

This makes sense, because the people getting paid in link would keep holding it, the link needs to be sold to recirculate.

>>7828049
Yes it will, anon- just believe.

>>7833062
Had this exact conversation with someone today. I was you.

LINKies are deluded into thinking the token has utility. Someone could set up another, similar network and take payment in BTC or ETH just as easily. The token will stymie network growth. Sergey played you all for free ICO monies, enjoy your bags.

>>7833173
Why would anyone buy them when their only use case is staking them on nodes that do nothing but provide more Link tokens.

>>7777777

>>7833222
checked

>>7831006
gee uh lets see. I could stretch the truth and say that i was in talks with swift when in reality i had lunch with the janitor in their lobby. That's like saying people don't lie on their resumes. You take shit for face value all the time?

>>7833231
>Someone could set up another, similar network and take payment in BTC or ETH just as easily.

This would be 100x more useful because those two are actually used as currency unlike Link tokens.

>>7828612

>API economy is worth 1 trillion USD, if LINK captures 3% of this that will make LINK worth 30 billion

3% sounds extremely conservative to me considering that LINK is leading the pack by miles. Do you think +50% is realistic? I'm not sure how to gauge what a reasonable market share would be in this space.

>>7833322
thats the thing nobody knows how exactly to gauge anything right now. Take Ripple for example.

>>7833311
isnt this what ass blaster was saying?

>>7833311
The smart contracts and oracle required to perform that transaction would also require LINK to function.

>>7833222
He can't keep getting away with it

>>7828021
A+ great unexpected ending.

>>7833362

If anything that just means we should be very bullish when gauging LINK's price.

>>7833272
gee uh let's see. Sibos

>>7826791

>>7833432
Link tokens aren't even needed for chainlink oracle to function.

They're just useless tokens that you get for running a chainlink node. They have zero utility value.

>>7826791
10k eoy
screencap this

>>7833663
500 eoy

FUCK dudes my ProfitTrailer sold my linkies and then I FOMO'd back in at like 82c and now we're diving

>>7833549
Thanks, just sold 100k

>>7833400
No, assblaster was saying that you have to view tokens as permissions to use a certain network. So link is a strong token because it's used to pay for the use of links oracle/node network. Eth is basically only valuable in this sense because you need it to pay the transaction fees when you make a transaction on the eth blockchain.

>>7831316
>newfag
https://www.youtube.com/watch?time_continue=1&v=V2basIRwTgs

back to plebbit

>>7833549
Cash isn't even needed for the economy to function. We could just barter everything. FIATFAGS BTFO

boys im scared, why are we diving

>>7829381
imagine if sergey broke into your house and put millions of dollars in your shoes wowee you fucking idiot

>>7833248
because you can sell those LINK for other things

>>7833823
It was a P&D

>>7826831
merry me pls

>>7833530
so show me a contract. I want concrete evidence not /biz/ fomo. I dont want alex joins tier conspiracy type shit

>>7833762
wouldn't the valve of ehteium go up too then?

>>7834008
Is it too late to cash out for now?

>>7828488
Checked.
Also this, I'm that annoying anon that answered every "Link price over $1 defeats the original intended purpose of this token..." fud post with
>18 fucking decimals

>>7830719
I can give you a prediction for the EOY price, as long as you give me the following:

>how many nodes are there?
>what is the average staking amount of each node?
>what is the buy pressure for new nodes?
>how much LINK is being committed to smart contract execution?
>how much LINK is performing liquid transactional work within the ecosystem?
>how far along is adoption?
>how hot is the speculative frenzy at the moment?
>is linkpool operational and successful?

Just get back to me with all of those, and I can give you an EOY prediction that isn't a piece of shit pulled directly from my ass.

>>7834160
Sell now anon, the dump will push this down to $0.57-$0.59

>>7834222
pasta trips

>>7833972
You can't sell them if nobody is buying.

>>7834008
lol shut the fuck up

>>7833823
BTC took a nosedive, seems to have leveled out. All alts just had a good dip. Link has gone back up a bit. It's up to you to sell if you think it's going down more, but I would suggest hold

>>7834238
maybe you're just saying that SO YOU CAN GET MY BAGS DISCOUNTED

Shill me on EOS. I checked their website and the FAQ seems more concerned with tokens than what problem it solves.

>>7834296
People will be buying them, fuckwit. People will want access to the network to charge fees for staking it. As long as Link is adopted, it will go high

>>7834296
provide a valuable service and a way to track transactions and prove honesty of actors


LINK

stop being a faggot

>>7833737
Everything dipped, it wasn’t just Link. Also anything sub $1 is a steal anyway, it won’t matter when we’re at $100 and the present is just a blip on a zoomed out 1 year chart

>>7826791
MY LINKY STAYS SUPER STINKY 1000 DOLLARS EOY

>>7833173
>>7833248
LinkPool's developer here clear many of these doubts

https://www.reddit.com/r/LINKTrader/comments/7xhax0/do_linkies_actually_realize_the_size_of_linkpool/

How do you go about buying LINKs? I want to actually get in on crypto currencies but I’m dumb.

>>7834505
buy eth from coinbase. Send it to binance. Go to the link exchange and there you have it.

>>7834380
>People will want access to the network to charge fees for staking it.
This makes zero sense when you think about it.

You buy tokens so you can charge fees from using those same tokens that will make you more of those tokens that are only used for charging fees for using those tokens? Link tokens provide no utility whatsoever, they're completely useless in this equation.

>>7833062
>>7833248
>>7833311
>>7833549
>>7834296
ChainLink nodes will revolutionise the world. Off-chain computation and APIs can be connected to smart contracts through chainlink nodes. The tokens are a necessary collateral to ensure that the smart contracts go as planned, with penalties and rewards for data that are bad/good. It's quite simple but such a sweet idea, I love sergey's vision

>>7834548
So it’s not something you can just as easily hop into as you could other cryptos due to its nature as the middle man? How does the exchange work out if LINKs are super cheap or a coin is really expensive (relatively speaking)?

I feel like even with new pieces coming out, having missed Bit or Eth basically removes me from the game.

>20 LINK? But I wanted a Big Mac
>20 LINK can get you many Big Macs
>Shill me on this
>LINK can be staked in decentralized oracles for trustless smart contracts

>>7834579
Charging fees? I don't think you understand what the LINK token is for.

>tokens that are only used for charging fees for those tokens
That's not what a ChainLINK node is for. Ultimately a ChainLINK node will spur further economic opportunity, with limitless possibilities really, it will make it easy to bring real-world data to smart contracts, the token just makes sure the smart contract goes well, the real value will be in money saved for the companies, selling data, and making money from the smart contract itself

>>7834618
Either you're retarded or trolling
say you buy 500 worth of eth then buy link. You still have 500 worth of link,

>>7834455
You're right I should probably be thinking long term here anyway. It just sucks because I know I'm not getting the max links for my bucks I guess

>>7826831
MADMAN

>>7834085
Yes you could say that Eth is so valuable because alot of people are using or see potential in the use of its blockchain. Incidentally, thinking of coins in this way makes it easier to judge strengths & weaknesses. Omg is also super strong because the token is needed to validate the network itself through being staked (I think, some anon less retarded than me can explain it better

>>7834618
I don't think you understand this at all, maybe read more before you do anythin

You can buy all cryptos on exchanges such as binance, with bitcoin or ethereum, which you can buy in turn from coinbase.

?How does the exchange work out if LINKs are super cheap or a coin is really expensive (relatively speaking)?
Let's say coin A is worth $1 per token.
Coin B is worth $2 per token.
You have $10.
That would get you 10 A tokens.
Or it would get you 5 B tokens.
Are you retarded?

>>7834662
>Ultimately a ChainLINK node will spur further economic opportunity, with limitless possibilities...
Someone's really drinking the Kool-Aid. :)

>>7827626
Nodes are paid in LINK only, that much we know now

>>7834725
Like I said, I don’t know much about cryptos. And no one ever seems to be willing to share more than the intro because “muh schemes”.

>>7834736
You do realise that psd2 was intended to make banking more open (i.e. less evil) but ALSO to SPUR economic opportunities in fintech? Europe wants fintech growth, this is one reason they've implemented psd2. You do realise that ChainLink is poised to bring these new APIs - which are ready and intended to be monetised - to smart contracts? Then what happens anon?

>>7834797
Can anyone access these APIs?

>>7834791
Lurk more. And just compare the price of each coin by USD. Divide the amount of dollars your spending by the dollar cost of each coin you're buying.

Buying $500 worth of a $1 coin gets you 500 coins

Buying $500 worth of a $100 coin gets you 5 coins.

>>7834882
What reading materials are recommended to understand crypto markets and how to “play the game” so to speak? I don’t want to keep missing out on this train until it (possibly) collapses.

>>7834821
I'm not entirely sure but I think it's basically the bank's data on their customers. That they can basically sell. But I'm not sure what psd2 states about who they have to provide this data to. Like I even if anyone could access them, through a ChainLink node let's say, but you wouldn't be the one selling the data itself (by staking on a chainlink node)

Interestingly, I found out that USA medical insurance providers are also forced to provide similar APIs to the psd2 banking ones due to a new law. So medical records can be monetised as well. In fact there are cryptos that are focussed on this, like you could sell your heart rate from your fitbit for some medcoin token. One of these projects was founded by Andrew Hoppin, the guy behind the ChainLink Crypto fund. fucking suspicious huh? I speculated before

>>10732519

>>7830592
40$ Link gives me 12 million. Fine by me.

>>7834618
the post you responded to is the best advice you're gonna get

>>7827626
If it hits 100 I'm done wagecucking for life.

>>7834923
you're either 12 or 65 just use fucking google holy shit.

>>7835137
>how to spot a no coiner

>>7833222
>>7833000

U GUYS NEED TO STAHP

>>7834938
Interesting anon, thanks. Especially about this new law firm medical records. Theres absolutely no doubt that that chainlink cryotofund is there for link, & hoppin et al are intending to run nodes in the medical area. I mean this has literally got me into seriously thinking about running a node, & just how niche I can go with the data. I think the beauty of this is that ALL kinds of data will potentially be useful, & the wider the selection of nodes, the more successful it will be. & Plus it doesn't seem like providing standard data will be bad, as even if there are lots of weather nodes, certain contracts might want data from multiple sources, so it doesn't matter of lots of people are providing the same data.

>>7835199
phew... fucking checked. this is getting out of hand

>>7834705
Yea I’ve felt that way since I got my first ever BTC from an online gambling site and then was buying 20 dollar ETH after that. Sometimes you get in early, sometimes late. I’ve made bad trades and good ones. I don’t day trade because the market is too volatile and I lose money. It is what it is. But my end goal is to just jump in and hold what I believe is a coin/token in its early stages. It’s a simple concept but easier said than done. Either way all my holds are long term and this one is no different. I got in around 70 cents so when I see it drop to 40s or 50s for a bit I don’t fret because I know this is a long con. Could I have had X more Links? Sure, but it’s not THAT important long term.

>>7833549
>>7833311
>>7833248
>>7833062
>>7834296
>>7834579
kill yourself you fucking retard. Without the tokens you won't even be able to bid on any serious assignments. But you probably have no idea what I'm talking about.
they give you access to work in this network, and payments will be done based on fiat valuation. You can sell the tokens for btc/eth or directly fiat in the near future. Doesn't matter what the price of the token is. The node operator will be paid enough tokens to cover the node running costs + whatever the free market decides is the value of providing data.
You anime posting degenerate idiot


Dirty Nolinkers aka Subhumans please kill yourselves

>>7826791
Will probably go to 0.00004500 after 2 weeks. Screenshot this.

>>7834238
You were supposed to sell when /biz/ was at peak of shilling.

no use case. will go to zero

>>7826791
After it topples the entire system, $20000 minimum

Can link be worth more than the blockchain its token runs on?

>>7835243

I was thinking about this too. Maybe I’ll create a company and lease out my nodes to 3rd parties. They get a cut of the profit, I get the passive income and everyone gains.

It would let mid/small companies set up a node for free basically, only paying with access to their data

>>7826810
New pasta

>>7835920
>The node operator will be paid enough tokens to cover the node running costs + whatever the free market decides is the value of providing data.
This is where the potential lies for getting a node up and running early. This is what will drive people to start up lots of nodes initially and grow the network exponentially. It makes a lot of sense for it to run on its own token when you look at it this way. You want to earn something that has potential to increase several fold, not something that already has and is subject to wild changes that are entirely out of their control. Crypto is volatile enough, no need to introduce more volatility.

>>7833549
>t. someone who didn't read / understand the white paper

>>7837049
exactly, once the tokens are too expensive is gonna be too late to be a big player in this business, only big companies/ funds will be able to afford to make up for the early adopters, buying a shitload of tokens

I'll probably run my own node too

>>7834923
there isnt any. You either get lucky to get in ealry on something good or wait till the whole market goes on a bull run

>>7836248

Practically I doubt it, but *purely* theoretically it could. The ChainLink network is outside the Eth chain. I’m sure at some point I history a token might be worth more than the parent chain.

1$ within the next few months after this next dip.
3$ at the end of the year

10 years might be harder, but it could get to 10$.
ignore 1,000$ hypemen, but if you are unsure, always keep 1,000-10,000 of a coin just in case it explodes.

>>7837292
Smartcontracts are not even viable without a decentralized oracle like chainlink, so it's possible.

>>7837150

I think big players will still be able to move in bc they might be in a position to offer really valuable data that lots of contracts want. Then it would be worthwhile for them to buy link, or their node would be in high demand and their profits would let the easily acquire more link?

t. brainlet

>>7837292
well bud were witnessing history in the making. our linkies will always be stinky

>>7834618
Lmfao

>>7835162
what do you need help with?

>>7832008
heavily underrated

>>7827964
my ether wallet