/biz/ - Business & Finance

No hope for even $10 eoy

philosophy degree having autistic retard won't deliver.

There is no doubt.

We are gonna make it.

>>8098653
https://www.cnbc.com/2018/02/20/mark-cuban-philosophy-degree-will-be-worth-more-than-computer-science.html

>>8098631
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!

>>8098686
You should find a tall building to jump off of. The only degrees worth anything are STEM.

Intel SGX problems will prevent institutional money from accumulating LINK and holding it. Too much rish.

>>8098686
lmfao he's on to us

A lot of things have happened and I'm not so sure anymore. I am not selling but I'm not so certain this was a project that had a lot going on behind the scenes and it's just kind of like every other coin company that will struggle to get any traction. Rn far the only evidence of anyone caring about it is a bunch of no-name fintechs which will hardly cause the price singularity.

>>8098718
pretty weak, spectre has been completely mitigatd.

>>8098718
>Intel SGX problems
baseless FUD

>>8098739
>A lot of things have happened
name one thing that has happened.

>>8098631
1000 eoy would require it to beat ETH, XMR, and NEO. Idk man.

>>8098765
Req Network provided confirmation they are working with Chainlink. Origami has stated the same.

>>8098783
>would require it to beat *THE --->CURRENT<--- MARKETCAP/PRICE OF* ETH, XMR, and NEO, *WHICH WILL RISE THROUGH 2018*

I cannot stress it enough.

Let me aware you on a secret: Link is a huge meme that nobody savvy actually invests in. Everyone promotes it here because the people here are vicious sadists who enjoy seeing other people fail.

Notice how it's only discussed on /biz/ despite being half a year removed from the ICO? That's because this is the only place on the internet where you can meme a "practical joke investment" without being banned by the mods.

Notice how most link posts are low-content shitposts about sergey or copypasta that reminds you of a self-help book? That's because this is the only place where you can spam a coin 24/7 without actually having to defend it

Link is meme vaporware, the devs took 30 million and did nothing with it.

>>8098868
Oh yeah, it won't go to $1000, it won't go to $100 and it won't even go to $10.

$1 EOY if you're lucky

>>8098868
>>8098918
>t. poorfag with no money who didn't predict BTC, ETH, or NEO's rise.

Nope. Nothing is guaranteed. Bitcoin will remain the safest best.

>>8098631
If you had a realistic goal of $5 then sure you'll make it.

>>8098942
I was in Bitcoin since 2012, Eth since late 2016 and Antshares since March.

How is Link the next Eth btw? It's 60 lines of solidity boilerplate.

>>8098979
no you weren't lol

>>8099002
Yes, I was.

>>8098978
Shit if Link hits 5 I'll get a free sports car out of this meme.

>>8098979
sure you were

>>8098942
>the next ETH is an Ethereum token

>>8099006
no you weren't, you're not that smart cuz if you were, you wouldn't be posting here on a sat afternoon [FACT]

>>8099016
Yep, I was.

>>8099032
What's it like being super rich?

>>8099023
>no you weren't
Yes, I was. Do you really think there aren't any people browsing /biz/ here from 2014? Naive faggot.

do you see how many link posts there are here every single day?
Link bag hodlers are getting desperate.
You can literally smell the desperation in the air.
NO YOU FUCKING LINKTARDS
LINK WILL NOT MAKE IT

>>8099043
Feels good knowing you don't have to bet on garbage like chain link just for a chance at making it (kek)

>>8098979
if you actually were please just do a favor and kys right now, wtf are you doing shitposting on biz on a sat afternoon, how much of a sad pathetic loser can you be

>>8099047
you sound way too buttmad to not be lying

>>8098631
I earned a shitload of cash with btc eth and neo and then got out of crypto. Came back to biz in januari and didnt even read the chainlink whitepaper untill februari. Thought it just was some shilling but after i read the whitepaper i unironically bought 60k Link in the februari dip. if it would go to 0 im still fine but im 100% sure it will go up. Will it reach $1000? Probably not this year if they dont annonce something huge but it will be impossible to not make profit.

>>8099047
i was browsing /biz/ in 2014, but i was part of the group shitting on coiners and shilling the stock market... big mistake that was, but at least i can admit it when you're just a bitter nobody

>>8099058
kek, so you spend your valuable time shitting up threads on 4chan. I'm sure you '"""made it""""

>>8099058
Haha, cool. Are you on a yacht right now or something using satellite to post here? What does a biz anon do after making it?

>>8099090
why so salty, ffs iv got 800k out of crypto and i shitpost daily and i even wagecuck, i dont give a fuck man, also bought eth at 50 bucks, but im 50% in chainlinkwith my whole portfolio, this is gonna be huge, just be patient bizbros, eth took 2 years, give this a couple of years, 2020 will be our year.

>>8099082
>>8099089
>>8099090
>>8099112
Don't say you weren't warned about Link.

>>8099152
>>8099085
Will I make it with my 30k linkies?

>>8099184
by a larping poorfag

>>8099152
you'd be surprised what will happen later this year

>>8099187
Nobody knows man, but if link delivers my geuss will be 10$ maybe even 20$ but that would be huge, i never seen a project like link i dont know what companies are gonna pay for using link so no one knows really, all depends on howmany companies are gonna need the nodes, sorry english is not my native language, not a pajeet tho.

>>8099187
depends on what you think "making it" is.
I really think you will atleast earn a million. Probably more but no one can be sure.

>>8099202
tell me more, i mean after the mainnet launch its all about the partnerships, i like the fact that they team up with request aswell, i see request going places this year, not invested in req tho.

>>8099248
Even $10 would be amazing. All I've invested in all my life is boring ass index funds. I've made solid returns over the years but I don't want to lay on my death bed without ever having taken some risks in life, and link seems like a good one to take a flyer on to me.

>>8099184
>empty recycled FUD
thanks for the warning
>>8099152
there's a difference between shitposting, and actively spending time spreading misinformation and baseless FUD. It doesn't suppress the price; it's sociopathic, mentally ill behavior that stems from a superiority complex.
No one in a healthy mindset actually tries to FUD anything unironically, which I don't think >>8099184 is doing, because he could've used much more effective FUD pastas if he wanted
>>8099264
>english is not my native language
haha that makes sense, was just being cheeky, not salty.
It really comes down to how many node-operators and how many users the network will gather. It needs to establish a strong network effect before competition catches up.

The reason chainlink was such a great buy or it seemed like was the implementations sergey allegedly had lined up. Anyone can do oracles; the idea wasn't the main reason why people were interested in this, or it was but it wasn't enough, there is no reason to think a random guy could start a company and have any realistic implementation it would be implemented by important institutions.

But so far there's no evidence there's anything going on behind the scenes. The github revealed its largely small fintechs interested and so far every single financial institution is either going with corda and/or is saying implementing blockchain is so far off as to make chainlinks future highly uncertain by the time smartcontracts really start getting used.

It really may be over before it began. Occams razor says no there isn't secret partnerships and NDAs; it's just sergey being quiet because he thinks he's a stoic and there's really nothing huge lined up. Assblaster's story fell apart, all the riddle anons leads went nowhere or became clear they were obviously just speculation, like project ubin, and Jacob disappeared and all the people who he said were interested have demonstrated no interest. I think we all got memed.

>>8099310
Aka your average shitcoin.
This is what happens when you fell for the memes.

>>8098868
>Let me aware you

>>8099310
Just make sure you sell all your LINK ASAP, then.

>>8099349
>Aka your average shitcoin.
That's what's becoming the concern.

>>8099406
I haven't lost all hope yet but I'm not holding out any hope for the network going live making any difference.

>>8099310
Yeh right - that is why it is up by about 60% sense the market decline in January. Not to mention the info released by Req Network this past week. Give it a rest fudder.

>>8098863
Oh boy
>he thinks it's all up

I recently discovered Chancoin ($CHAN/$4CHN), an off-the-radar coin that I think is seriously undervalued and I see no reason why it can't do a 500x or even 1000x (I'm serious) based on competitor coin market caps.

I realize this post so far has sounded very scammy but below I lay out fundamental reasons for my valuation.

Use Case
In simplest terms, Chancoin wants to allow meme creators to be credited each time their original content get's shared. This means that when you, the memelord, create a dank ass meme on 4chan and it makes its way to Instagram, you're getting credited for each share that it took to get from 4chan to Instagram. Chancoin does this now by posting your Chancoin public key for tipping but ultimately will implement steganographic technology.

In this way Chancoin is like Dogecoin, Reddcoin and Monacoin, coins that are used to incentivize, reward and promote content creation, each geared toward a specific type of audience.

Development
Chancoin was a fork of Litecoin and has four active developers led by Gossamer Socks. The developers recently implemented an upgrade to the protocol called Cloverhash that allows for CPU mining and will allow for GPU mining in the near future. Progress is happening extremely quickly.

Community
Chancoin is active on Bitcointalk, Discord, Trello and Twitter. There are two Discords, both with hundreds (yes) of contributors. The developer Discord tracks Chancoin's progress. The other Discord, called Chancoin City, has an endless supply of Chancoin-inspired memes. The community around Chancoin is tangible

Valuation
Chancoin's market cap is $450K has 7.5m coins ($0.06/coin). Based on Chancoin's 4chan origin alone I think this means it is insanely undervalued. And based on the market caps of competitor coins like Dogecoin ($637B), Monacoin ($314B) and Reddcoin ($246B), I am of the firm belief than Chancoin can do a 500x to 1000x.

And that's my case for Chancoin.

>>8098631

>>8098833
sshhhhhhh
he means negative things
>>8098765
https://youtube.com/watch?v=4hR4rDbJPM4

>>8099310
AB might be a larp, who knows. But he’s still holding the 100k link he promised not to sell for a year

I unironically think fudders are keeping it down to accumulate

>>8099490
Bad bot

>>8099505
There's no way to know that because he never posted a wallet. There's real reasons not to want to do that but for the sake of credibility it'd be easy enough to show it off then wash the coins through an exchange and send them to a new wallet. It should be a major red flag that he kept saying he would then never did.

We're all going to make it, the first LINK ads are starting to roll out thanks to the director of marketing

https://www.youtube.com/watch?v=ydGEYxE2PF8

>>8098718
>The only degrees worth anything are STEM.
Philosophy major here and I'm a mayor of a small town. If I play my cards right I will be running for senate in the near future.
Watch me as I rule and regulate your STEM ass.

>>8099463
Everything's up since the bottom of the crash, some back to the december highs. Req may be good but their still a small fintech that has yet to even launch a product and could very well be a failure.

>>8099310

>>8099023
>[FACT]
>Thinks hes not here forever
>>>/r/eddit

>>8099529
He did.
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xfe9e8709d3215310075d67e3ed32a380ccf451c8

>>8099550
Then there's stuff like this that could very well sink it and makes everyone holding it feel retarded. The constant stream of zero-value threads has made chainlink into a joke and I'm sure the endless counting the chickens before they hatch doesn't help on a cosmic/spiritual level.

>>8099310
>>8099432
I think it's always good to be sceptical, and open to better investments and solutions out there, but:
>every single financial institution is either going with corda and/or is saying implementing blockchain is so far off as to make chainlinks future highly uncertain by the time smartcontracts really start getting used.
I really think people are underrating the broad implications of a decentralized oracle network, if LINK or anyone else can pull it off and grow it. It will basically augment inhouse blockchain projects, so I don't see it as inherently competing against corda, rather it will expand the capabilities of off-chain data exchange, and smart-contract platforms, UNLESS someone can build a better decentralized oracle network, which seems to be unlikely considering how high-demand smart-contracts are becoming
I didn't invest in 2016, but I was in touch with banking and fintech execs, and there has been strong interest in smart contract solutions, and these suits are a lot more forward-thinking than the general public thinks. If LINK has a working PoC with someone like SWIFT, and get some small-scale usecases off the ground from the get-go, we might see crazy shit.
That being said, I agree with being conservative and holding a decent stack until at least 2020 and beyond

>>8099589
>https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xfe9e8709d3215310075d67e3ed32a380ccf451c8
Please tell me you're trolling. This is a binance wallet.

>>8098698
I love you, visualizechan, even if you are a bot

>>8098739
>I'm not so certain this was a project that had a lot going on behind the scenes
Do you idiots just choose not to stay informed about things you invest in just so you can worry and complain? In the last month we have found out that there are six people working around the clock. The github is being updated constantly. Sergey keeps making public appearances and networking. What in the absolute fuck more could you ask for? They have accomplished more in a few months than some shitcoins that have been around for years.

>Only crypto project working directly with SWIFT
>Smartcontract.com directly endorsed by Founder & CEO of the world economic forum.
>Just a meme.

>>8099666
Still drops like a rock. Will always drop like a rock. No one needs this shitcoin. People need hype coins they can make money with.

>>8099666
It's hardly six people. In any case it's not that that worries me; everyone should know that not having a large team isn't inherently better. Like I said it's not the technology or development that is the hard part, it's getting it implemented and used by companies.

>>8098868

>>8099701
>no one needs the internet. People need hype IPOs they can make money with.

>>8099609
Curious what you think of this? Pretty odd coincidence wouldn't you say?

>>8099683
Except all those references to the company in various publications are one line throwaways that aren't specific to the company at all. Smartcontract.com is literally just the lowest hanging fruit when you start researching smart contracts. If you actually think klaus schwab read anything relating to chainlink and didn't just have an underpaid ghost writer write that book I have a bridge in arizona to sell you.

>>8099734
No one will ever use open source shitcoins made by literally who. This is what you can't understand. The tech is interesting, but the whole market has no real world purpose. All crypto has given to the world is cryptokitties and PnD. So if a shitcoin can't even pump is has no purpose whatsoever.

>>8099701
Obvious shitpost. Don't respond to me.

>>8099609
>some small-scale usecases off the ground from the get-go
I like that OpenZeppelin, who manage $4.5 billion in digital assets, and are making what could be THE toolkit for EVM dApp/SC development, are "small scale". Although, in ChainLink's case, this is fairly accurate.

>>8099728
>it's getting it implemented and used by companies
Which is why Sergey is networking at these conferences and not sitting posting empty promises on twitter all day.

Best part is, that you don't need the token. It's not needed for the project. They could just use ETH. You can't stake it and you don't need it for chain-links idea.

>>8099557
nice larp

Reminder that we have a Tesla developer contributing to the ChainLink source code.

>>8098631
It's real, but if you really think 1k is possible end of the year, you're kidding yourself. It will be more than $5 when the contracts are used by companies. If they don't use LINK, it's over.

>>8099825
But the more you read about ethereum the more you realize it's inherent limitations and solidity's problems means it's never going to be put into production by big companies, beyond the fact that they're all largely only interested in permissioned distributed ledgers. The hyperledger people seemed to think chainlink was completely inappropriate for permissioned blockchains as late as December.

>>8099749
It would be absolutely hilarious, and would unironically give up $1m of my networth to be in that timeline and see the reaction on /biz/.

But the simplest answer is that Sergey has openly stated he's been interested in blockchain tech since 2011, maybe earlier, and started actively working in the space, and specifically on smartcontract.com before ETH; which is around when he figured the regulatory environment would dictate the general landscape of how smart contract adoption would realistically happen. Hence why he started focusing on a project that would make it more likely for regulated capital and legacy system devs to get on board in the blockchain world (by focusing on end-to-end secure smart contracts, external data, and legacy payment methods).
But that's why I laugh at shitposters like >>8099793 who pretend to not understand (I hope they're not pretending, because that would be sad) that the only reason we're still stuck with limited use cases is precisely because getting off-chain data on a blockchain, and securing payment messages to legacy systems, is still a problem; which is holding back a lot of regulated capital and developers from getting more involved, which is when we'd see an dotcom-esque boom, or possibly even greater.

It's just sad that there are definitely people right now who cannot see further than their noses. It's just like the fools that were laughing at Pets.com, while not understanding the implications of the new economy that internet was going to bring

>>8099898
>>8099825

This is basically what we'll be seeing regarding ethereum
>Due to unpredictable nature of the language used primarily in smart contracts development it is advisable to consider this solution as a proof of concept only until more reliable tools are created or adopted from other industry tested ones. Smart contracts that are a feature making Ethereum solution so attractive should be predictable if any production environment application is concerned. Otherwise risks in terms of business continuity seem to be too high.

>>8099761
How is 2 straight years of being invited to present at SIBOs, and developing a PoC to automate bond payments a just a throwaway? And Klaus Schwab's book was published early 2017, so chances are the name Chainlink was not even conceived at the time of writing. Even if your ghostwriter statement is accurate, itd be foolish for him to have his name endorsing something that he himself didnt agree with or know anything about. Chances are his is aware of what the technology is and what it will bring; ghostwriter or not.

>>8099898
Clearly there is no future for Chainlink, that is why Sergey continues to speak at conferences and is exchanging tweets with the likes of Marc Benioff.

>>8099793
>nobody will ever use open source shitcoins created by literally who
There are some who would laugh at that Incredible blindness

>>8099184

Wow, if you really were in BTC since 2012 and caught ETH and NEO early, I’m really surprised you aren’t smart enough to see Link’s potential...

>>8098718
>Too much rish.

I have an easier solution and a better one than sgx pondering joining the link stack
t.kernel driver developer for a long tim

>>8098979

Send 0.009 ETH from a wallet that received ETH in 2016. Go ahead I'll wait. :)

>>8099793
>Being able to send a limitless amount of money instantly, anonymously across territorial boundaries all without the need of a third party escrow is useless
>programs that trigger transactions automatically once certain conditions have been met is useless
Wew. Really starting to feel sorry for boomers at this point

>>8100077
>Wew. Really starting to feel sorry for boomers at this point

I'm 47 and fully understand smartcontracts. I also have written a lot of code and am retired, with adult kids in stem. Aside from hitting lucky with change from buying pot what have you done?

The public blockchain and chainlink have no future. It's wishful thinking to think it will usher in some revolution that will make all of you rich.

The code is shit, golang is a fisher price technology

https://github.com/smartcontractkit/chainlink

>>8100077
Im not feeling sorry for boomers at all; theyve had a whole lifetime of hogging opportunities.

>>8100110
>The public blockchain and chainlink have no future. It's wishful thinking to think it will usher in some revolution that will make all of you rich.

I think you are mistaking distributed with public and the possibility of a system that can hold both private and public blockchains for contracts yet use the same distributed oracle infrastructure

>>8099972
Is that from Zeppelin? Isn't that just an argument for a standardised development toolkit?

>>8099966
I have seen photos of Sergey and Vitalik together on a stage speaking together long before Eth was introduced. Personally I think a handful of innovative genius types are working together to bring this new technology to fruition. Isn't about the money to them. I remain confident that Sergey is part of the plan.

>>8100154
A bit like millennials really. Entitled useless fucks that are into faggotry and socialism.

>>8100128
this.

>>8098631
of course nobody is sure. LINK is risky as hell, you should only hold if you have iron hands and are willing to sit on it until at least next year. what LINK is trying to accomplish with the technology is profound, and many industries will be disrupted if it sees wide adoption. there are many challenges in front of us, and truthfully, david may not be able to take on goliath on this one. but LINK is by far the most exciting project in the space, hands down, nothing else can compare to the product itself. does that mean it will make anybody money? i dont know. i, for one, plan to hold and ride this bitch into the ground if i have to. im not selling

#hodlfast

>>8100011
you should
email support @ smartcontract.com
or join the gitter:
https://gitter.im/smartcontractkit-chainlink/Lobby

>>8100196
I'd like to think so; Sergey has had a consistent message since at least 2014 that I'm aware of. He seems like a sincere guy. There are a lot of technological and regulatory risks that LINK will have to navigate, but that's the name of the game.

>>8098868
let me aware you on an even bigger secret... savvy people dont advertise their holdings to the world, because that wouldnt be savvy

>>8100285
2017
>LINK is risky as hell, you should only hold if you have iron hands and are willing to sit on it until at least next year.
2018
>LINK is risky as hell, you should only hold if you have iron hands and are willing to sit on it until at least next year.
2019
>LINK is risky as hell, you should only hold if you have iron hands and are willing to sit on it until at least next year.
2020
>LINK is risky as hell, you should only hold if you have iron hands and are willing to sit on it until at least next year.

Etc, etc.

>>8100077
>Being able to send a limitless amount of money
It doesn't have a stable value, so if you send $1000, the recipient very well might get $100, if there is a dump.
So it's unusable as currency.
> instantly
More like 6 hours. Or 2 days. Paypal is way faster.
There isn't a single shitcoin, that has solved the scalability issue and the scalability issue won't ever be solved, because the whole premise of decentralization makes it impossible. Once there is a decent volume it comes to a screeching halt.
>anonymously
Right. Because no once can tie your wallet to you, by looking up your IP and follow your transaction on the explorer. Sure.

>programs that trigger transactions automatically once certain conditions have been met is useless
They actually exist for decades. The whole :smart contract" craze is there, because they are supposedly decentralized.
In reality you can only use it for pyramid schemes and for producing tokens with funny names.

You are an absolute retards and don't know a single thing about crypto.

>>8100310
Interesting convo, now all we need is Assblaster to make an appearance and really stir it up.

>>8100444
Checked. I thought he said he would be gone for a while the last time he posted.

>>8100170
Something tells me if a company decides it doesn't want to use a public blockchain it's not then going to want to use public oracle nodes to get data on the blockchain and pay node operators. Corda already can do this natively and it won't be long before Hyperledger has it's own solution.

>>8098631
just buy 500-1k link and join the ride.
You might profit or you might lose, but don't be like those idiots buying over 50k links.

>>8099701
>coins
and that's how you detect a troll/someone who haven't read the fucking white paper. Do the world a favor and become fertilizer plz.

>>8100358
I knew you were shitposting, but holy shit, kek.
>It doesn't have a stable value
>unusable as currency
Even if you were referring to an actual unstable cryptocurrency, you could literally use a smart-contract derivative via the LINK network to mitigate against this; you know, like that's what the whole point of the derivative market is meant for?
>More like 6 hours. Or 2 days. Paypal is way faster.
>scalability issue won't ever be solved
>decentralization makes it impossible
Yea, just like a decentralized internet was "more inefficient" that a corporate intranet or local area network. That decentralization sure created a scalability issue which was never solved, huh.
>They actually exist for decades.
No shit, they're called digital financial agreements, but they're limited to their respective markets, and still require various protocols and overheads to ensure their security
>The whole :smart contract" craze is there, because they are supposedly decentralized
No, it's the automation without needing an unbiased 3rd party for authority, over two or more separate contracting parties, which would literally be a historical achievement, creating the foundation for a trustless economic and political landscape, as the technology grows.
>You are an absolute retards and don't know a single thing about crypto.
You don't know shit about crypto, finance or technology.
Get some better info in here or get the fuck out.

>>8100579
Boom ...

>>8100579
That may leave a mark.

>>8100579
you will make it

>>8098631
>this has been a huge meme to create a mass-panic among poorfags losing their life's savings when it goes defunct
Finally someone gets it.

>>8100579
>an actual unstable cryptocurrency
Evey single crypto is unstable. "Stable" means something grows or depreciates steadily and slowly over time.
Hence all crypto is unstable.
> corporate intranet or local area network
If need arises corporation will make their own pseudo-decentralized networks. Ripple is first such attempt, but it's still a shitcoin. Networks like Ripple are actually the future, but they won't be speculated on and their price and inflation rate will be controlled centrally.
>No shit, they're called digital financial agreements
They are actually called "scripts". You can make one yourself using the programming language of your choice. Ever wondered how the loot and quest system in MMOs worked? That's exactly what the brainlets are trying to market as "the future". That's at least 30 years old and you don't even need crypto for that.
>it's the automation without needing an unbiased 3rd party for authority
You are a retard, the 3rd party authority is the law, in any case of any contract. Blockchain smart contracts are useless,because they can be disputed in courts all the same.

The whole thing will blow over in 2 years, I'm enjoying flipping my shitcoins and dumping my bags on retards like you thinking there is any actual value in the ponzi market.

Ive spend alot of my savings on chainlink, but I think with high risk becomes high reward

>>8100776
>18k holders
>mass-panic

kys brainlet

>>8100782
someone will fall for this bait, surely

>>8100310
But LINK is the most shilled coin on /biz/. What did you even mean by this?

>>8099849
how do people come up with this line of thinking, it really makes my mind boggle...

OK, so a guy is going to start a company based on paying people in ETH, which would mean that he has to buy ETH and then transfer it to node operators. which means he would have to give away billions of dollars that he doesnt have. or, instead he can create his own currency out of thin air and issue that on the network instead. which seems more sensible, anon? do retards like you honestly believe that someone would start a company just to give away ETH to strangers?

people who fixate on the actual token are really missing the forest for the trees on this one. it really is amazing to me how something so obvious escapes people. i think i know why though, its because they dont actually understand anything about the project.
>just use ETH
>ERC20 hurrrr
you dont understand the project on a fundamental level, like not at all. you havent done your homework. you deserve to get left in the dust on this one, youre unworthy anon. but let me throw you a bone...

1. in order to incentivize node operators and API developers, they must be paid for their work
2. processing oracle data and feeding it to the blockchain is how this token is "mined", i.e it does real, actual work. this work is paid out in LINK.
3. why on earth would they pay node operators in ETH when they can pay people in LINK? they dont have ETH to give people, they have LINK. thats what you arent understanding. they dont HAVE the ETH to give people. how do you pay somebody with something you dont own??? i cant stress this enough. that would mean that every transaction cost ChainLink money instead of making them money. pants-on-head level of retardation going on with these nolinkers.
4. so now that weve established the very obvious logical necessity of the token, let's remember what it is also used for... it is also used for bidding on the contracts. each bid, whether it is won or lost, (cont)

That volume on binance though, holy fuck dead coin

>>8100857
I agree focusing on the token is dumb but I don't see why basically conceding it was a cash grab so they could give away money to get people to use the network is a positive thing. It has yet to be shown whether the whole tokenization model will be a flop or not, and in fact it may be a much better decision than using the platform coin for reasons other than them being able to basically print money.

The whole industry is trying something new, by tokenizing stuff, but no there is no real inherent reason why you couldn't just incentivize node operators with ether.

>>8100782
I love how nocoiner bait inspires arguments and research that actually shills the shit out of crypto:
>crypto is unstable

https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5

https://multicoin.capital/2018/01/17/an-overview-of-stablecoins/

We're talking about overturning decades and centuries of broken and corrupt financial systems, and not even TEN YEARS in and we're already looking at that very solution to stability. And guess what:
>All stablecoins must address the oracle problem. If stablecoins are pegged to the value of some external asset like the US dollar, the system needs some way to get data about the exchange rate between the stablecoin and the asset that it is pegged to. There are three fundamental approaches to this problem.

Also, I think Jibrel Network may be able to provide a solution to that very problem.

>pseudo-decentralized networks
kek. So you mean a database?
>scripts
Yes, and scripts are only as secure as their inputs and outputs. Kind of like how people try to hack stuff when lots of money is at stake? You know, kind of like why we're even talking about securing the inputs/outputs of a secure smart contract platform?
>Blockchain smart contracts are useless, because they can be disputed in courts all the same
No, contracts are disputed in courts because they HAVE to be, because contracting parties, like insurance companies, can try find loopholes or outright not honor their end of the agreement.
The whole point of smart-contracts is to make agreements immutable, data-driven, objective, and reducing the need for legal and administrative costs; hopefully democratizing access and distribution of resources, and reducing corruption, and increasing market efficiency and economic growth as a result
>dumping my bags on retards like you thinking there is any actual value in the ponzi market.
The irony is that retards like you get to make some easy fun money precisely because there is potential value here

>>8100904
IMO - The team could care less about volume on Binance as they are not in this to make john q public wealthy.

>>8099849
4. in order to bid on a contract, you will need to use LINK. when you bid, that bid will be placed in an escrow until the appropriate node is selected for the task. once that happens the bid is either returned to the unsuccessful bidder or taken.
5. since you can only bid with LINK, the more LINK means the more bids you can make simultaneously, which means more contracts your node can process at once, which means the more you make. remember this point. this is why people want LINK, not for holding but for eventually staking it on the nodes, and the nodes will only understand LINK as a currency, nothing else. because CL needs to incentivize using a node (the upshot of this is that accepting any other currency in bidding makes operating a node pointless, since they can only pay out in LINK since again, theyre not going to just give money away to people as a business model. if nobody wants LINK, nobody will run a node), and they cant pay nodes with something they dont have thats really what it comes down to at the end of it. i hope you understand that point. their goal as a company, i assume, is to make money not fucking give it away.
6. ergo, since the token is actually used for something, it has an inherent value tied to the value associated with processing these transactions. LINK will be sold and bought by others in the market when people want smart contracts processed, so theoretically, when node operators want to sell the LINK they have mined, there should be someone in the market who wants to buy it, that person being the company or entity that needs their smartcontracts processed. this isnt like bitcoin, it doesnt exist just to exist and process transactions for the sake of itself, LINK does actual work. the amount of money that companies will be able to save using this tech, theyll be able to clear out entire floors in their offices because those workers wont be necessary anymore.

if you think holding LINK is a bad idea you are literally retarded

im a brainlet but the way i understand chainlink is that it will solve huge problems. potentially it could be used by every major part of the economy.

this means atleast in my opinion that 10000 per link wont seem that farfetched

>>8100940

>>8101111
Quads of fuck you. Thanks for blowing that faggot away and saving me from typing anything.

I miss last year when the FUDders actually seemed really intelligent and informed. :(

>>8101149
I'm curious how will they decide how much link is required for each transaction? Or will that be decided by the node operators so it'll pretty much end up being what the market decides with the different node operators competing against each other?

>>8101378
9/10 clicking on these threads is a waste of time and energy. I'm probably going to start filtering them soon.

>>8101379
Determined by node-operators, so basically market-related. Not necessarily competing against each other, as users can choose how many nodes they want to pay for, in the interest of security/reliability

>>8100940
>because youd have to pay node operators in ETH
the word youre looking for is charity. chainlink isnt a charity, theyre a business and their objective is to make money not give it away every time a node triggers a smart contract. ETH costs money to them whereas LINK does not. know what im saying? you cant just pay cunts ETH all over the place

>>8100782
>Networks like Ripple are actually the future
no, anon. theyre the past. the future is a currency that is totally free from any institutional control.

>>8100310
link-holders and savviness arent exclusive. there are link holders who arent savvy. youre saying why arent the savvy people talking about link, and im saying probably because theyre savvy or they dont know about it. nobody even knows what this shit is yet. i hold link and im not savvy so i talk about it

>>8101280
Ever since Skelly sold his ETH at $8 he's been trying to overcompensate for the fact that he got kekked by his own coin.

As uncertain as it is, there are a lot of very serious people in the chainlink slack and following the repository on github.

For some reason I doubt they would join the slack purely for fun.
https://www.linkedin.com/in/andrey-artyukhin-91487a104/

>>8101111
>stablecoins
Exist only as a vague idea. Like everything in crypto. You have just proven my point.
>of broken and corrupt financial systems
The financial systems are okay, you're a crazy fedora libertarian, aren't you?


>Yes, and scripts are only as secure as their inputs and outputs.
Crypto exchanges and coins were hacked over 800 times.
NYSE and it's smart contracts were hacked 0 times. See, there isn't any problem with security in the real world. There is only a problem with crypto.
Brainlets like you are proposing a non-secure solution, to a problem, that doesn't exist in the first place.

>The whole point of smart-contracts is to make agreements immutable, data-driven, objective,
I sure hope they also comply with all the laws and regulations put it place.
And the regulations state, that the full contract agreement in plain text must be available to all parties, and if there is a missing comma, it's just as invalid as a normal contract.
I can take you to court and take all your belongings if you didn't provide me the full textual explanation of the contract or if you did and the wording is off.
So now you need a programmer AND a lawyer to make a smart contract. And if you don't do that, the other party is incentivized to fuck you over.

Confirmed for a libertardian autist, who doesn't know how the real world works.

>>8101413
Hope that isn't the case because those of you that truly understand the project and share info helps some of us that are trying to increase our knowledge. Posts like the ones in this thread are very helpful to many. So thanks for taking the time.

>>8100336
a likely scenario. but if youve actually looked at what this technology does and not bought, at least even a tiny bit, then maybe youre the brainlet

>>8100846
>link-holders and savviness arent exclusive. there are link holders who arent savvy so they talk about it, im one of them. youre saying why arent the savvy people talking about link, and im saying probably because theyre savvy so they dont talk about their holdings or they dont know about it. nobody even knows what this shit is yet.

>>8101576
My only hope is that, when smart contracts do what they are inevitably going to do over the next 5-10 years, you actually take a moment one day to think back to what you thought now, and how wrong you were.

Dropped my stinky bags. Good riddance. So embarrassed that I fell for the meme. Thanks anons, for educating a newfag on what happens when you listen to /biz/.

>>8101575
another interesting one https://www.linkedin.com/in/andrewvieyra/

There are hundreds of people like this. I'm sure a lot of these are just personal interest, but most coins don't attract this kind of interest.

The problem with link is that it solves a problem that doesn’t even matter unless a smart contract platform really takes off (hasn’t happened yet) and if a platform does take off it will probably try to solve the oracle problem in house.

>>8099860
I have to emphasize that this blows away a lot of the FUD in this thread.

If this is true, we can assume without a shadow of a doubt that:
1. Companies have an active interest in the development of ChainLink
2. Companies are SO interested in ChainLink that they're willing to actively commit their own resources to hasten its development
3. It confirms that Sergey is indeed being secretive about a number of projects; something as big as this would've been shilled nonstop by any other crypto company

This blows a lot of the FUD regarding ChainLink not being useful, the Oracle problem not really being a thing, etc. out of the water.

>>8101631
I will tell you what the smart contracts will do after they are done with collectible games and pyramids - create a new class of scams, where people make smart contracts robbing unsuspecting retards through javascript (that's already starting), then the smart cotnracts will be regulated and it will start a new wave of scams where people will look for non-compliant smart contracts and sue the other party for money.

>>8101667
Aaaand there isn't a single substantial proof for your fantasies.

>>8101379
im unclear on that part. i think with the bidding it goes to the lowest qualified bidder. i think the person requesting the contract sets the "bounty" so to speak, so the more attractive bounties the more bidders competing for it. i mean it will all run on a computer at hundreds of thousands of these bids/contracts/data retrievals per minute so thats all the stuff that will need to be ironed out, who sets the pricing and all that. the relationship between bidding and bounty payout will end up being somewhat synergistic i assume

>>8101657
But I think the working theory is that we know Sergey has been involved with SWIFT since 2015 and smartcontract.com and chainlink are not just another ICO. They have been groomed by big players and are the "in-house" solution.

In any case several pieces are missing for smart contracts to really take off, oracles being a main one. You can see sergey evolve on this from focusing on smart contracts via what he showed off at SIBOS to focusing on the chainlink network and SGX and workign with TownCrier, the two pieces that needed to be in place for people to take smartcontracts seriousy.

>>8101667
>Companies are SO interested in ChainLink that they're willing to actively commit their own resources to hasten its development
He can do this in his free time/at work if he is bored. A dev getting bored at his day job isn’t the same as a Teska committing to developing some crypto.

>>8101723
Aaaand I guess in the fairly near future we will all find out what is and isn't, until then that happens I think you would have to be a complete fool not to have some cash invested in CL. Opportunity for very high returns without spending a fortune to get a seat at the table - seems well worth the risk to me.

>>8101745
Oracles are a potential problem to implementation of smart contracts but a bigger problem is that no one has found them useful enough to really hit these restrictions. There needs to be a killer dApp that draws in users before the problem Link solves even gets attention.

>>8101667
>3. It confirms that Sergey is indeed being secretive about a number of projects; something as big as this would've been shilled nonstop by any other crypto company
Dude, you don't even have to read between the lines. OpenZeppelin manage $4.5 billion in digital assets and not only did Sergey not announce anything when Zep confirmed the partnership, but he literally said "Smaller partners will announce first with larger ones to follow".
You're right. 98% of other tokens would have a social media extravaganza saying "ChainLink partner's with multi-billion dollar Eth toolkit development company". The complete lack of hype in the presence of real, confirmed news has been known to anyone following the project for months.

>>8101709
There's a reason Sergey is drawing comparisons with SaaS. Smart contracts are the next SaaS. Early FUDders think that companies will never relinquish control to third parties, but the fundamental efficiency gains of trustless systems can only be denied for so long. It literally comes down to the very simple fact that, to the extent that smart contracts can automate any exchange of value/reconciliation of payments/execution of agreements, they will necessarily be more efficient because they are automated. You seem hellbent on denying that very basic foundational premise, and your wallet and ego will suffer as a result as this industry hits its stride.

>>8100358
holy shit

>>8101379
so what i assume is that price would be set depending on the bounty just as a matter of practicality, so the outside user requesting the contract settlement is the one that controls the price. if they pay peanuts there will be lower bids but if they pay a high bounty for the settlement everyone will bid higher. i dont think theres any kind of minimum or anything as far as i know. this is the dynamic of the project that excites me the most, is that it basically ensures hardcore competition among node operators and that arms race should push development of the network even further as it mutates and becomes more effective. its pretty goddamn elegant, imo. CL is proper cyberpunk shit

>>8101830
>no arguments
Nice self-portrait you have there, m8.

>>8101576
>Exists as a vague idea. Like everything in crypto
Just like a peer-to-peer cash system was a vague idea in 2008, and is now a global force to be reckoned with.
>The financial systems are okay, you're a crazy fedora libertarian, aren't you?
2008 and millions of people would say otherwise
annnd, ad hominem, yes I know you're running out of steam.

>I can take you to court and take all your belongings if you didn't provide me the full textual explanation of the contract
Dude, are you a first year law student or something. I've been in and witnessed real-world disputes. They usually arise BECAUSE of textual agreements AND/OR because either party veered off that agreement. The whole point of data-driven agreements is not to replace all fucking agreements, you fucking know-it-all, it's to improve upon existing data-driven agreements, and capitalize on the fact that we're moving toward a data-driven world with a LOT of decentralized data-providers and payment solutions coming into play.
>Crypto exchanges and coins were hacked over 800 times.
And you're ignoring the fact that the most attacked blockchain has NOT been hacked, which is actually shocking. The longer it goes on, it's increasing the evidence that the technology is viable; or at least that better solutions will continue to emerge
>NYSE and it's smart contracts were hacked 0 times
I don't think you know what a smart contract is; nor do you understand the implications of centralization versus decentralization.
>proposing a non-secure solution, to a problem, that doesn't exist in the first place
This is where 110-IQ smug assholes stuck in crowd-think get it wrong. Whenever you invent something new, it comes with problems, but it opens up new possibilities that weren't there before. Smart-contracts are opening up new categories of abundance, cost-savings, and automation that simply aren't going to be possible in any other way. I spoke with enough execs and managers in 2016 to know that the demand is there

i no longer care if it makes it. i've sold some of my stack so that i can buy 5 mg fentanyl. Once that arrives, I'm leaving out my paper wallet with 15k linkies for my brother to find when I stop answering phonecalls to become an hero. good luck everybody, don't give in to the fud

>>8101874
lmao you're the dumbest person on /biz/ you got BTFO by all the other anons here, I don't need any arguments. I'm just here to laugh at you.
You are extremely dumb.
so very, very dumb.
does that irk you?

>>8101535
selfcucking is a rare and delicious treat

>>8100358
>what is a vpn? I’m new from reddit. You can seriously hide you IP what to heck?!?

>>8101906
You're going to make your brother find your body and leave him with that memory for his entire life?

>>8101881
>is now a global force to be reckoned with.
>Hurr durr
Name a single coin with a working product, that does what it's supposed to do.
>muh 2008
>muh ad-hominem
>we will surely go up forever!
>because muh future!
The craze is over, faggot. I cashed out in december and you're holding my bags and will be holding them forever.
>The whole point of data-driven agreements is not to replace all fucking agreements,
Not possible. Every smart contract has to have a textual agreement anyone can read and understand, faggot. Because the law said so. You aren't replacing anything.
>I don't think you know what a smart contract is
I don't think you know what a smart contract is. NYSE was already employing them, when you were a still cumstain in your mom's whore cunt.
What you don't understand is, that no one needs or wants decentralization.
> I spoke with enough execs and managers
Haha, now you're resorting to LARP. Pretty pathetic, brainlet.

>>8101576
>>8101709
>>8101723
>I sure hope they also comply with all the laws and regulations put it place.
That's actually a key goal, which Sergey has been confirming at every step of the way, to encourage regulated capital to enter into the blockchain world. But of course, you didn't research this deeper than whatever would give you a quick 2-5x, because you're a gambler and got lucky.

http://tabbforum.com/videos/powering-smart-contracts-with-oracles-sergey-nazarov-smartcontract

You can find this stated in one of the many interviews, and you can dig deeper to understand how banks and other financial institutions are going to eventually require blockchain solutions and a solution like LINK to stay regulatory compliant:

https://www.reddit.com/r/LINKTrader/comments/7pqo5t/anyone_know_if_link_is_involved_in_the_europes/dsjn7vh/

>Confirmed for a libertardian autist, who doesn't know how the real world works.
Confirmed needing to resort to ad hominem because you cannot argue properly. But the bait was tasty, I'll admit

>>8101578
I'm glad you see it that way. I enjoy the utter chaos of imageboards, and the hunt for gems of insight and tips. So I think it's only appropriate to at least try to contribute some effort, even if it's not perfect by any means

>>8101993
>Name a single coin with a working product, that does what it's supposed to do.
Nano

>>8101993
>Name a single coin with a working product, that does what it's supposed to do.
LINK

>>8102028
>That's actually a key goal
What's the goal? Make every smart contract have a textual agreement, that is compliant to existing laws and regulations?
Do you have a mental disability or something?

>>8101827
to be fair those 4.5 billion dollars in digital assets are 99% scam or somwehere slightly north of scam tokens and ponzi scheme games that only represent a fraction of that amount in fiat

>>8102069
oh and add in gambling and decentralized exchanges in which you can trade scam ico tokens with other idiots

>>8102043
No. The product is being able to pay for anything in the real world, says right on their page.
You can't pay for anything with nano.

>>8102054
That's a pretty bad example. It doesn't have a working product.

>>8101723
You're right, that's why I'm going to do a little digging around to verify that this developer does indeed work at Tesla. We already have proof that he contributed to ChainLink's code, go check their github history.

Which leads to..

>>8101761
If you look at Jordan Bonilla's github you'll see that prior to his ChainLink commits he showed ZERO interest in anything related to cryptocurrencies. Furthermore, he works on "autopilot maps" at Tesla as shown on his LinkedIn profile, which fits 100% with the theory that Tesla is using ChainLink for autopilot insurance, as stated by anon in the original pic I posted above.

This is such a tiny leap of faith that you can't even call it a "leap"

FOLLOW THE BREADCRUMBS. UNDERSTAND THE IMPLICATIONS OF CHAINLINK WORKING WITH TESLA

>>8100109
Holly shit he actually is a boomer!!

>>8098631
We'll know after SXSW. No partnership announcements means a slow bleed out over the next 6 months.

>>8101993
>Name a single coin with a working product, that does what it's supposed to do
0x, Monero, Ethereum, Factom,
>You aren't replacing anything.
You are replacing legacy reconciliation systems that require a trusted party, with a trustless, automated system. But you're so intent on missing the point I'll just laugh at you in years to come.

>>8100109
i havent hit anything lucky yet. but as for what ive done, ive killed dozens in defence of my country, so now every year on a specific day i wear the medals i earned and men buy me drinks and women try to fuck me. ive travelled to 10 countries and slept with dozens of trashy women, ive ridden in gigantic helicopters over warzones, fired rocket launchers and thrown so many hand grenades i cant count them, ive worked with foreign special forces teams and seen people die, and skydived and scuba dived and ridden motorbikes at high speeds and been in car accidents and fires, ive tried almost every drug there is to try, i own a small business and i have a large penis which i use to dick code writers wives. my friend asked me to fuck his wife, and i did. i once had a tranny offer me almost $10k to kiss him. i just took the money and didnt even kiss him. thats a true story too. my friends tell me that i should write an autobiography because i am literally a madman who has done everything there is to do. i am also a LINK investor which i consider by far my biggest achievement. the fact that you tried to brag about your accomplishments is kind of hilarious but really more depressing. im glad you like what you have going though, i hope i can say the same when im 47.

>i wrote code and had kids

youre probably an alright guy, im just being a dick. buy LINK man, seriously. just a little bit and hold that shit.

>>8102159
This is not a proof. A proof would be an official statement from Tesla. The rest are just your delusions.

>>8100109
Hey Jeff, it's Justin your former boss. Your code has always sucked monkey balls because you thought more was better. As a result anything you wrote was the main source of the company's technical debt. Also adopting kids doesn't make your genetics look any better, and being married to Tyrone doesn't help them either.

>>8102159
>If you look at Jordan Bonilla's github you'll see that prior to his ChainLink commits he showed ZERO interest in anything related to cryptocurrencies.
Not actively working on crypto on GitHub doesn’t mean he had no interest. Plenty of people who can code and are interest in crypto don’t actively work on a specific coin. This isn’t “Tesla committing resources to link” any more than raiblocks had “PayPal developing a payment portal for xrb” both cases are just bored workers doing some crypto work in their spare time.

>>8100358
kek at this guy still trying to FUD crypto technology. the ship has already sailed m8. its happening.

>I BELIEVE THAT SHE WILL WIN
this is you:

https://www.youtube.com/watch?v=NmxiCi7l7y0

>>8101993
>Name a single coin with a working product, that does what it's supposed to do.
>Peer to peer digital cash
>Smart contract platform for tokenization and ICOs
Those are pretty significant, but of course you will minimize them to make your argument sound smarter than it is

>The craze is over, faggot. I cashed out in december and you're holding my bags and will be holding them forever.
I knew you were a nocoiner. It's easy to tell the difference between "r/buttcoin" bait, and salty nocoiners who think they made the right decisions in hindsight.
>Every smart contract has to have a textual agreement anyone can read and understand
You're not reading; the point is to augment contracts by making them data-driven where possible, NOT REPLACING ALL TEXTUAL AGREEMENTS THAT ARE SUBJECTIVE.

But of course you're no longer reading any arguments or looking at the research I provided, because you've drilled it into your brain that you made the right decision to sell after a bullrun

>Haha, now you're resorting to LARP. Pretty pathetic, brainlet.
I just happened to be in the right place at the right time, and around 1,000 people in the industry who were interested in learning about fintech through MIT. I'm not gonna pretend I'm an insider, but I spoke with enough people at banks like HSBC, Lloyds bank etc., and fintech startups like pic related, to know that they're looking long-term mate: 2019-2021, for adoption. Not like your ADHD gambler-mindset timeframe.

>What's the goal? Make every smart contract have a textual agreement, that is compliant to existing laws and regulations?
I don't think you're bothered to read the info I provided. Sergey stated that the key goal since the beginning was to ensure smart contracts could be considered kosher under the most stringent guidelines. He's been hinting that, should the LINK network work as intended, with t as is laid out in the whitepaper, it will be compliant with regulations related to data-driven agreements

>>8102159
A senior software engineer at tesla also starred one of the new repositories. Jordan clearly was involved moreso than just contributing for fun because he had access to the repository before it was published and said "we" in the gitter post. Hard to say in what capacity he was helping though for sure.

>>8100507
Fuck that put 10k on the line and let it ride. You'll probably be poor either way so go out fucking swinging

>>8101993
>>8102309
Again, well done for having the balls to speculate and make money. But you're easy to read. You're just shitting on people who are excited about the tech, because you think you're "smarter" for cashing out, and think you have a position to argue from, because you got lucky and made money.
You could be contributing insight, instead you choose to parade your smartness, like an utter faggot, and resort to 5th grade insults when you're called out. I think you should fuck off to r/buttcoin where you belong, as they will happily agree with everything you stated. But over here, you're going to actually have to use the full 110 IQ you were gifted with.

>>8102165
Sad!

>>8101667
if chainlink hits $100 i am seriously getting a big ugly portrait tattoo of sergey, like a really rough piece of shit job too

>>8102270
>>8102253
>Only a press statement from a central authority counts as proof

If we can verify with sufficient evidence the following things:

1. Jordan Bonilla is currently employed at Tesla (done, check his LinkedIn)
2. Jordan Bonilla has committed code for ChainLink(done, check the github)
3. Jordan Bonilla has worked on ChainLink for Tesla and not due to a personal interest (this is a bit harder to verify), but we have circumstantial evidence in favor of it:
- He works for Tesla's autopilot systems, which ties into ChainLink in the form of autopilot insurance as posted above
- No prior evidenced interest in crypto
- >>8102319 (new info for me, thanks)

Then we can conclude with sufficient evidence that ChainLink is working with Tesla, and Sergey is keeping silent about it. What are the implications of that?

>>8101635
>selling a low volume bottom

>>8102402
>- No prior evidenced interest in crypto
Actually if you search his name you can find a gitter chat for Etherdelta where he was trying to figure out how to use it so he could sell chainlink tokens shortly after the ICO

>>8101906
Bro dont make your brother find you like that. Thats fucked up he will be scarred for life.

LINK reminds me of IOC (iodigital) in many ways, specifically because the "founder" is a non-technical guy who is basically a glorified Project Manager. if you're young without work experience, you won't understand. but those of us over age 30 with some experience in the tech industry can understand what a Project Manager does. he basically just outsources shit and makes sure his team is doing what they were hired to do. so that's what Sergey does and also what the IOCfag does. they just oversee. and they are basically wannabe Steve Jobs type people. they go to conferences, give talks, make promises, and hope that their "team" gets the technical shit done.

so if you trust in that, go for it, put $hekels into LINK. if not, then consider avoiding. i am not here to tell you what to do. this is just my opinion on why i personally don't trust LINK.

every top 10 coin has, at the very least, a "technical cofounder" or founder who is intimately masterful at blockchain. is Sergey? i don't think so. lastly, the fact that these faggots are based on SAN FRANCISCO, where the rent is incredibly high, shows how wasteful they are. they are LARPING as a techie company based on their location, in my opinion. you can judge that on your own or discard my remarks. up to you. i don't give a shit. just here to vent and shitpost.

Can we all just take a second to recognize Steve Ellis? That boy is a workhorse

>>8101906
>fentanyl
the coward's way out. you must be Canadian, i am guessing, by your faggotry. i really do hope you invest in KYS you fucking weakling.

>>8102561
>LARPING
mazel tov! you've finally used the term correctly. i knew you were still evolving.

>>8102319
>A senior software engineer at tesla also starred one of the new repositories
Who? link to their page?

>>8101576
>banks finance both sides during wars
>banks crash the economies of small nations on purpose to acquire their resources
>banks manipulate currency prices to cause crashes in order to acquire more of that currency
>banks gamble their customers' money without consent and dont pay that customer a dividend on any gains, in fact they usually charge the customer for the privilege
>banks own every politician in the world
>banks support the flooding countries and continents with unskilled third-world migrants so they can have more customers indebted to them. inevitably, when these migrants use public welfare, the public is basically paying the bank not the migrant, again the public pays banks to fuck them in the ass.

banks hack the world, all day every day. concern yourself less with whether they are secure and think instead what they are doing to the world. WE are not secure as long as they exist. they are hacking us instead of the other way around. banks are really really bad anon. for someone who claims to know so much about life youre really deficient on your history knowledge. dont protect a tyrannical master - crypto is life.

>>8101993
Wait....you think central banks are in control? You think if Draghi stops buying bonds they will catch a bid on the market....are you retarded??

>>8102402
>sufficient evidence that ChainLink is working with Tesla
That... that is not sufficient evidence at all. You are literally basing it on one employee not doing blockchain programming on this one profile before and some unsourced 4chan posts.

>>8102689
If this is true
>A senior software engineer at tesla also starred one of the new repositories
Then I think it’s pretty likely Tesla are involved. That would mean 2 of their employees are involved.

>>8101723
>I'll wait until it's confirmed to literally buy the news

>>8102765
What’s the other one?

>>8102765

https://github.com/smartcontractkit/schemas/stargazers

It doesn't really mean anything. He's starred nearly a thousand repositories and there's no other evidence he's done anything else.

>>8102561
Sergey is the most professional project lead from any smallcap moonshot. Every word in every single public appearance is rational and credible.
Compare him to the retarded "CEOs" from the likes of IOTA or AMB, constantly embarrassing themselves across every social media platform.

>>8101993
Did they drop you on your head as a baby?

>>8102253
hahah holy shit what's this guy's problem and why does he care so much

>>8101906
retard. go outside and get some sunlight please. i dont mean that to imply youre a shut-in either, you probably are, but i mean that you probably need some vitamin D.

injecting yourself with fentanyl is a bad idea, because as soon as you press that plunder down and its too late youre going to say "oh fuck what have i done WHAT HAVE I DONE GOD HELP ME WHAT HAVE I DONE JESUS SAVE ME HELP ME HELP ME IM SORRY IM SO SORRY I DIDNT MEAN IT HELP ME I WANT TO LIVE I DONT WANT TO DIE". that survival instinct that is somewhere lost inside you will suddenly be in control and youre going to die in a state of panic and absolute terror rather than the blissful sleep you imagine that you will have. you may think you can hold your hand over a hotplate and fight your natural response to pull your hand away, but you cant.

the human mouth has more than enough bite force to smash our teeth to pieces if we bit down hard enough. but we have nerves in our mouth connected to our jaw that stops you from biting down that hard. try biting down as hard as you can and you feel that mechanism kick in. that is what youre up against when you think youll be able to kys and not die in a state of absolute terror and panic. its going to be awful for you because youll be fighting something inexorable when its already too late but youll fight and fight so hard to not die. maybe it will be the one time you understand what life is supposed to be about, and everything that matters will become clear to you just as its torn away.

youre a selfish faggot for letting your brother find you too. youve honestly told yourself that he will say "oh shit, anon is dead but hey check it out i got LINKies!". thats how low your opinion of yourself is, that you think that some LINK would be some consolation prize. go see a doctor retard, suicidal thoughts are normal in industrialized countries. see a doctor m8, its nothing to be ashamed of and you arent special or unique. if youre LARPing, get fucked

>>8100358
>by looking up your IP and follow your transaction on the explorer
kek. 1985 called, they want you back ASAP

>>8102561
Nice opinion that is incorrect buddy

>>8102309
>He's been hinting that, should the LINK network work as intended, with t as is laid out in the whitepaper, it will be compliant with regulations related to data-driven agreements
stop anon i can only get so hard here

>>8102962

Damn, this is some top quality FUD

>>8101709

i'll tell you what the internet will do after they're done with academic webpages - create a new class of scams, where people make websites robbing unsuspecting retards.

>>8102962
>tfw LINK threads are becoming suicide-prevention hotlines
not sure what to make of this
>>8103043
since you're interested in it, he mentions it somewhere in the middle of this interview, and then you just need to dig deeper into open banking APIs and PSD2, and what standards data-driven derivative contracts operate on (those I'm still trying to wrap my head around):
https://www.youtube.com/watch?v=MfH1B85YyFU

>>8102561
>FUDing by comparing LINK to Apple - the brand that is synonymous with early investments that grew exponentially
this is some 4D shit right here

>>8103118
/biz/ is going to be a suicide prevention hotline once all the nolinkers realize how badly they fucked up. i always talk to faggots who say stupid suicidal bullshit though, its my achilles heel. good friend of mine blew his head off with a rifle.

>>8103087
>tfw LINK actually hits $1000 and his brother actually IS thrilled to find the paper...

>>8103220
>>8103283
>/biz/ is going to be a suicide prevention hotline
I fear this is going to go both ways, no matter what happens. Well, I hope anons like you keep it up. I'd hate it if someone kts just before making it, and on the precipice of the actual technological singularity

>>8103416
Will link moon? Yes. It won't go over 50 on CMC though by EOY. This is a 3 year hold

>>8103628
What's the difference between 50 CMC and $50 per link?

>>8103628
I'm ok with either scenario.
Financially, I'll be fine if LINK never moons, or takes years to do so.
Emotionally, I want to see it moon ridiculously hard, just because it will be one of the greatest things to witness in 4chan's history. I fear /biz/ might self-destruct in the process, though

>>8099666
>not complaining
>on an anonymous board

>>8103628
Agreed, even if LINK delivers, it will take a couple of years for institutional money to hop on and adapt to the technology.

>>8102484
I would argue that still fits within the confines of "no evidenced involvement in crypto aside from ChainLink", although it makes me wonder why he personally bought ChainLink and what that means with regards to him possibly working on Link for Tesla.

>>8102689
It all comes down to "did this guy work on ChainLink for himself or for Tesla". IMO him working on autopilot maps for Tesla is a strong case for him working for Tesla.

>>8103628
That's what they said about eth, neo, etc.

>>8103842
thats what makes me like the project, it has power to make speculative gains and also has a kind of inherent value on top of that due to what it actually does. so as far as this brainlet can see, its a good hodl. planning on holding this for a while

>>8098631
Yeah but we made it into a meme because its so great, so poorfags don't get rich off it and neck themselves when they see the singularity.

Same thing we did with ETH, oh my the amount of suicide threads after ETH skyrocketed and the retards thought it was just a meme.

>>8104235
LINK singularity will be the true day of the rope

>>8104235
Any examples of said threads?

>>8099550
holy shit this really is the singularity the memes have mobilized the market

>>8104541

>>8104541
>>8104608

>>8104586
Looking back to where the memes started to where they are now is wild

>>8104541
>>8104608
>>8104628

>>8104608
>>8104628
Appreciated. I was more so interested in the regretful threads. The ones of despair for missing out

>>8104650
>>8104628
>>8104608
these are shill threads not suicide threads

>>8104608
>>8104628
>>8104650
i hope these guys hodl'd, they had the vision, hope they made it

>>8104666
How does someone who becomes an hero make a thread?

>>8104837
Right before the deed

>>8098868
Should give it all to Steve Ellis to pay Jason parsers for helping him with all those commits

>>8098631
Link is just another meme coin. The problem is that the other projects are much better.

Monero being the one I hope to win it all in the end. Down with BTC, we need anonymity.

>>8099089
I went for years to/r/buttcoin but stopped going there the last half year or so cause content was dying out.

I remember how we made fun about etherbutters when it still was 1,15$ ( in retrospective).

Never checked prices until January by coincidence. No wonder that sub was dead.

>>8098631

>>8105227
>>8105178

>>8099728
If that's the only problem we have with Link then we truly are lucky. What other coins have potentially world changing use cases with a working product and partnerships? Is everybody here trying to make me literally go insane? I cannot believe you faggots will dive ass first into a sea of a shitcoin dildos trying to fuck you, normies, and companies, but when a decent product surfaces, ripe for the picking you fuck it up. It's like finding the lightest bags in the world then out of the corner of your eye you spot some rocks in a burlap sack and using a twisting snapping motion durimg the buying process become a broke back cripple

>>8105292
I'm going to feel pretty smart if link moons. I've literally only been into crypto for a month but I've probably spent 100 hours researching link and followed the breadcrumbs and everything checks out, I'm all in.

>>8100310
Thanks, just sold 100k Ethereum because /biz/ is shilling the fuck out of it.

t. Me in late 2016

>>8105227
you may be in the wrong thread...

>>8105589
not saying that shilling means its a bad coin. holder here. im just saying that "nobody savvy is talking about this coin" is not an argument against it

>>8100358
Embarrassing post

Here are your options Mr Sergey Nazarov....
1. Deliver
2. Live in constant fear of being murder/suicided by brainlets who got memed.
I know your gonna blame 4chan on why so many people lost money, but dude theres no going back now

>>8106130
kek there was an anon a few days ago saying that he basically spends his day accumulating LINK and sending death threats to sergey

>>8102228
ahhh voila!!!! a spicy copy pasta

>>8105426
Got you newfag. Now it puts the lotion on its skin. Sergey does not exist, you do realise that? He's a random kid off a Russian social media network. A bunch of tards put up the smartcontract site in 2014 and we have been memeing the rest for years. There is no such actual project. Its all a creation of different generations of biz piled up like compost. It was originally crafted to divert newfags away from cheap ethereum.

>>8106470
use it, its all yours friend

>>8106495
I have been told by a caller from a private number to tell you that I am just making that up and chainlink is real. They know where I live. They know everything.

>>8105426
same, its the fucking singularity.

>>8106591
I saw the 2008 housing crash coming, but couldn't capitalize because I was too much of a poorfag.
I knew that gold was going to tank a few years ago but was too much of a pussy to short it.
I knew bitcoin was going to moon but didn't trust my gut.
Had the same feeling about Eth but never bought in.
I knew after the banking crisis that the bankers had the politicians by the balls so buying their stocks in the basement was a no brainer because they would recover massively, but I didn't trust my intuition.
I knew Tesla was going to blow up but was too afraid to risk the down payment on my condo that I was saving up on what I knew deep down was a sure thing.
I got straight A's all the way through my econ degree, but for some reason I keep second guessing my financial predictions, only to watch them be right over and over again.
All these things I've known were going to happen, all these times I didn't do anything about it like a big pussy.
I have this same feeling about Link, and this fucking time I'm doing something about it.
All those untold millions of dollars that slipped through my fingers by not doing what I knew was right at the time.
Well not this time, NOT THIS TIME.

>>8106389
bless his heart.

>>8106389
Kek, it was probably just a troll. It stems from some /biz/raeli in 2016 who went all-in on ETH, and proceeded to send Vitalik weekly death threats from a Tor mail to remind him of what was at stake if he failed to deliver.

>>8099849
>Best part is, that you don't need the token. It's not needed for the project. They could just use ETH. You can't stake it and you don't need it for chain-links idea.


I invented that fud. Sorry I'll shut up now

>>8098678
Thank you baller pepe

>>8100110
We already knew that big business would use Hyperledger and private blockchain rather than Ethereum, etc.

But your argument is only strengthening the need for LINK.

>Each industry will create their own specific blockchains for their specific purpose

Yes, we knew that, you dumb nigger. Which is why LINK, a tool that allows each blockchain to communicate with eachother and real world information will be a critical part.

>>8098868
> "let me aware you"

see, this is why we need flags

>>8100110
...doesn't this actually make the use-case for LINK stronger?

>>8107490
It does, but these absolute brainlets continue to argue against the use of public smart contract platforms. Which means they should be FUDing Ethereum, NEO, EOS and Cardano, not LINK.