/biz/ - Business & Finance

>>8911743
OP IS A NIGGER

>>8911743
high iq people made money off crypto 5 years ago

>>8911768

If you don't bring anything of value to the conversation, refrain yourself from posting.

singularity soon

LINK $1000 EOY CHECK EM

>>8911743
this is high level FUD

>>8911784
that is a valuable comment,

but link unironically 1000 united states dollars in october of 2018

>>8911743
nigger nigger nigger nigger

>>8911743
I agree with you OP. People can't comprehend the importance of smart contracts yet, let alone realise what a network of decentralised oracles actually stands for, and how big it can get.

hahaha nigger. sergey got btfo'd by the dude you linked on twitter. lmfao, nigger. NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGRE NIGGER NIGGER NIGGER NIGGERNIGGER HAHA LINKIES ARE NIGGErS

>>8911877
>I agree with you OP. People can't comprehend the importance of smart contracts yet, let alone realise what a network of decentralised oracles actually stands for, and how big it can get.

Honest opinion is the article you linked is almost a month old so is stale. They commit pretty frequently; windows node code a couple days ago, eth/btc code a bit before that, etc. They still have a ton of work to do, but they’re doing it. Still bullish.

There's no doubt in my mind LINK will be the next mega moon. Use cases are vast:
>insurance
>banking
>construction
>legal
>use by other crypto projects
Even if Sergey and company only get 1-2 of the above, the racist anonymous image board wins again.
>redditors FOMO in too late and get 10% boomer level gains

>>8911758
Well said

Nigger, oh nigger, oh my dear niggers Haha NIGGER! Absolute fucking NIGGERS. Darkydark Niggerdarkies NiggeryDark Nigger Narky DIgger NiGGER

>>8912003
How long have you faggots been saying this though? Every single day there are dozens of the threads about how today is the day. Then nothing happens and tomorrow there are dozens more of the same threads. Over and over again

Nigger

>>8912441
Since October. Didn’t read the rest of your novella though

>>8912003
15 million links are locked up in Linkpool straight away. Similar to a token burn

Blackity black, black nigger clack

>>8911743
>[Objective-Opinion]
>https://mobile.twitter.com/kylesamani/status/912463811243888640
The guy is shilling Augur and his investment firm wrote multiple articles on Augur how they were bullish on it lmao.

>https://multicoin.capital/2018/02/13/new-models-utility-tokens/
>https://multicoin.capital/downloads/augur-rep-analysis-valuation/
>https://multicoin.capital/2017/08/24/rep2017/
Objective opinion my ass

Second thing regarding the code, we didn't even know they were 3 months into testnet development before they made the github public.
An outsider can never know the progress and some of the things he wrote were already disproved by people that actually worked with Chainlink code (Linkpool guys).

>>8912678
Funny how you attack the person instead of his argument. If his opinion was actually tainted by bias, it would be easy to dismiss with facts. Very telling that you couldn't come up with a better counterargument.

Also their Github is public now, so there is no hidden progress anymore.

Niggerooni

>>8912940
you know how github works right? it's not github that's public, but repositories brainlet

>>8912940
>Also their Github is public now, so there is no hidden progress anymore.
factually inaccurate, thomas has said there's stuff they'll be able to share soon multiple times and you're a retard if you think they've done nothing on the contracts and consensus stuff. They unleased Nick Johnsons contribution all at once well after the alpha was out.

>>8912940
Are you serious? The argument is that the guy has objective opinion while he obviously does not have one because he's shilling the project he's invested in. I even provide the links to 3 different articles that cover Augur and a screenshot of his profile where it says Managing Partner at that same firm. I'm not gonna go into details because frankly I'm not a technical person.
All I know is that Augur is basically a "dead" project with no use. Nobody's talking about it, no adoption, no price action, miserable volume. While I'm sure you're aware of all the buzz surrounding Chainlink and potential implications.

>Also their Github is public now, so there is no hidden progress anymore.
They could be working in private repos on those things that are supposedly missing in his code review, you know? A few days ago a core Ethereum developer that was previously contracted by the Chainlink team, contributed to their Github. They could have more people working on it behind the scenes for all we know.

Has anyone ever seen the GitHub conversation with steve ellis and Vitalyk gets involved?

>>8913131
nope. post it pls

>>8912940
>>8913053
I'll just add this one bit, this is my understanding.

He's basically saying that the network of distributed centralized oracles with SGX are the best solution.
Might as well use ChainLink at that point since it's already a packaged, more advanced and inherently more secure product, the only major difference is having a token economy that incentivizes the network instead of paying for fees in fiat.

But dear God, lets not forget that oraclize meme picture floating around, you'll have a hard time if you're going to trust oraclize with all your oraclize instances.

>>8913246
with all your API instances*

>>8913235
https://github.com/ethereum/EIPs/issues/677

One intereting thing, this ETH core dev (Arachnid) I was talking about in my previous post.
He's here in this discussion even before ChainLink had an ICO and we just found out about him a few days ago.

>>8912441
You have probably seen the TONIGHT threads everyday. That is just one guy though and you should understand the concept of a joke by now.
Nothing might happen for anywhere from a week to a few months. But if you expect to get rich overnight from an investment,
you are a stupid nigger and this is no place for you.
Good or bad posts there is a reason it is so popular
either way i just bought some more and am excited to see where it goes.
no amount of fud posts or happening posts are going to change my mind.

>>8913320
Thanks couldn't find it.

VB comes across quite hostile there. I wonder if he still feels that way?

Hes probably convinced that Ethereum will solve world peace and why are these guys working with Swift

>>8912678
what is even the point of augur kek

a coin shilled as much as chainlink can't lose

>>8913477
Exactly.
Augur had their ICO 2 years before ChainLink (Oct 2015), where's the real life usage?

>>8913563
>hurr decentralized prediction market with users paid for correct predictions
>no one even uses centralized prediction markets

>>8913246
Lmao @ run the whole thing on AWS.
Yes let one company host all the nodes, so decentralised.

>>8911743
https://www.youtube.com/watch?v=kTg3OdmtA9s

>>8913636
The point is that Trusted Execution Environments provide tamper proofness through hardware and cryptography, making decentralization unnecessary. The only benefit then is uptime, but that can be solved without all these complications with oracle networks and tokens etc.

Nothing personal linkies, but I would love for this to stay sub $1 forever. I like the token itself and think it has great potential, but the owners are annoying as fuck. I swear to god about 20% of them have forgotten that $1000 EOY is a meme. Also, swallowing the bait hook line and sinker from any larper that can string a sentence together. You're all going to learn that nothing is certain in life or crypto, and I hope it makes you all shut up and stop spamming this board with your bullshit.

>>8911743
Kyle Samani's twitter thread has been dis proven with recent events.
1) His thesis is why have reputation when you can trust hardware. If anyone goes back to sergeys talk in New York from Spring 2017 (the one where he announces Chainlink working with Microsoft), you will see that he questions 100% trust in intel that while there might not be a weakness now there might be in the future. This was followed in Jan 2018 by news that Intel chips were compromised http://money.cnn.com/2018/01/03/technology/computer-chip-flaw-security/index.html
Thus validating sergey's suspicion and disproving Kyle samani.

2)He argues for centralized oracalize with "trust in hardware". Oracalize has been a shit show with downtimes. Companies that rely on oracle have had service outages because of them. Yes this has little to do with the reputation system, but this flaw in his argument stood out to me.

>>8913830
Kek, if your threat model is that you can't trust computer chips, you're shit out of luck no matter how decentralized you are. There's really nothing you can do against that.

>>8913737
Whats the incentive to run nodes and provide correct information?

>>8914103
Your LINK is held in escrow. If you provide bad info you don't get your LINK back. If you do your job you get paid in LINK.

>>8911743

>>8912940
suck my taint

>>8913737
Its always interesting when someone is smart enough to get 90% there and then shits the bed at the end. 1 company hosting = 10000000% unarguable centralisation.

To be fair, you have to have a very high IQ to understand LINK. Sergey's genius is extremely subtle, and without a solid grasp of theoretical physics most of LINK's features will go over a typical poorfag's head. There’s also LINK’s solution to the Oracle problem, which is deftly woven into it's source code - it's mooning trajectory draws heavily from Antshares, for instance. The LINKies understand this stuff; they have the intellectual capacity to truly appreciate the depths of this cryptocurrency, to realise that Sergey is not just a genius - that his smart contract solution will change your LIFE. As a consequence people who dislike LINK truly ARE idiots- of course they wouldn’t appreciate, for instance, the appeal of LINK’s true creator “Satoshi Nakamoto,” who's name is cryptically referenced to "Sergey Nazarov". I’m smirking right now just imagining one of those addlepated simpleton Arkies scratching their heads in confusion as Nazarov’s genius wit unfolds itself on their computer screens. What fools.. how I pity them.

>>8914303
Lol. I'm sorry are you suggesting Linkpool will be the only pool and that there will not be enterprise pools?

>>8914601
he's talking about aws you stupid fuck

Niggery

>>891430
Decentralization isn't a value in itself, what really matters is trustlesness.
Yes it's centralization, but if they can't tamper with the data it only matters in terms of uptime.

If you're paranoid about being shut down, decentralized oracles would probably be worth it. But as long as you're not doing anything illegal something like AWS + Azure should cover most use cases.

>>8914303

Cooniggery Niggertopia Niggeriny Ninininiggergergerger

We are talking about billions and trillions dollar markets ie derivatives, bonds, insurances etc. In Sergey words, for very high value transactions like that in millions and billions, we need an end to end system that is highly reliable and trustworthy. Centralized oracles and TEE can not offer both. Chainlink is the only project that is trying to provide 100% uptime with game theory based trust on machines(unlike Augur with human REP). Hence big businesses can automate the high value transactions via smart contracts with oracle network that has reputation system and penalty provison in case some oracle nodes goes rogue.

>>8914771
Nigger nigger nigger?

Augur is just shit, Endor will stomp them.

>>8911743
there can be a high iq debate about link because all the retards against it are low iq so they cant produce anything high iq

cant*

>>8914807
Heh, I'm sure 4chan neets are smarter than a guy that manages 100s of millions for a living.

>>8914620
AWS has servers on most continents

>>8914807
nigger nigger

>>8914620
Jfc you are retarded. He's saying not all nodes will be run through aws. Kys.

>>8914771
Finally someone that understands how big this shit will be.

nigger nigger nigger nigger nigger

For only having a two-man team and Sergey having a philosophy background, they sure are going through updates on a computer-based super weapon at an amazing rate. Where did the two-man team FUD come from? There's no way two guys are doing this.

>>8913830
Why the fuck would trusted hardware have anything to do with trustworthiness of nodes?

Anyone - good actor or bad actor - could run their node on some theoretically 100% secure (i.e., no bugs, no vulnerabilities, even unknown ones) Intel chip and it wouldn't mean shit. You'd still have bad actors running nodes.

Is the idea that you'd be verifying nodes' hardware identities so you'd only work with known nodes, thus not needing reputation?

>>8913737
What makes tamper proofness so great?

So I can run a malicious node that provides bad information and you think it's fine because you're guaranteed that no other malicious actor has tampered with my alreasy-malicious node?

>>8915460
>>8915482
SPICY

>>8915430
The prototype was already finished in Ruby in sept last year. They are just redoing the whole thing in Go and testing it on the ethereum testnet. This will be done by end of August for sure.

>>8915482
SGX provides something called remote attestation, which enables the customer to verify that it's running what the node operator says it's running, even if he doesn't trust the node operator. Meaning the node operator can't run malicious code without the other party knowing.

>>8914771
what is TEE?

>>8915976
TNiggertrusted ENiggerexecuted ENiggerenvironment

>>8911743
Will I Am ?

>>8916056
Guess iKek answered.
Praise iKek!

>>8916042
proactive niggery. commendable

€1000 EOY

>>8912441
you deserve any money you stupid fucking faggot... clearly never built anything before..

everything
takes
time

>>8911743
>March 25
Shit thread kill yourself

>>8915347
Trusted Execution Environment like Intel SGX
>>8915976

>>8911743
Kyle Samani asks "why decentralize oracles when we have trust hardware"

>implying everyone will run trusted hardware

>>8913580
kek

>>8913928
right, so you know banking systems accross the globe run on computers right? implying they use computer chips

>>8916130
thanks, i try. nigger nigger

>>8911743
>missing some production experience, they seem far from achieving their whitepaper goals, for now they are a standalone application that can listen to Ethereum only events and do basic HTTP requests.
this was already refuted when it first came out
someone already likely posted this but I don't care to look

>>8914961
do you know what a hedge fund does? they hedge against what they don't know for certain. so the premise is they don't know everything

What’s the purpose of LINK (use <=3 sentences)?

>>8916836
I actually work with a company involved with multicoin. They're smart but I wouldn't trust Kyle samani's word as law. My boss doesn't really respect him. Also, Paul sztorc treats him like a laughing stock on Twitter. He really isn't the be all end all

>>8916905
yeah, he also doesn't have a background in technology

>>8914620
what is aws

>>8912940
Augur isn’t even competition. It’s oracle is not general purpose.
ChainLink will be the first decentralized Smart Oracle network.

>>8917602

>>8915460
Exactly! kyle samani's argument is bs

lol you guys are getting scammed

Didn't even finish reading the discussion about this guy saying why decentralized oracles when you have trusted hardware. Got seriously triggered, I've read a lot of dumb shit on this board so I don't even know why that got me. Anyway, even the most deluded linkies may not understand the scale in which trustworthy self executing contracts are going to change the world. The whole world is based on trust, smartcontracts are the holy grail, the "trust machine". Determining trust is one of the core functions of human cognition. Trustlesness will change us neurologically, I'm dead serious. There's no need to talk about business applications, this technology is the new paradigm and fundamentally more so than the internet. This is the future and the last step is solving the oracle problem. The singularity is no joke

So this is not FUD
It is true, proven fact
Assblaster was wrong in his prediction
He may be intelligent, but he fell in love with his investment
And he shilled it like he meant it, as have anons for a hundred different coins
Either that, OR he bought bags early and did a pro shill to get his cheap bags pumped so he could obviously dump

$3 in April he said, yea... we are no where close to 3 dollars
What makes anything else that stupid fucking liar said have value?

You cannot prove me wrong, you will never see Link above $5
Link will never reach it's goal, and i say that as a 20% holder

I'm just not a deluded child like you guys, i have seen many such shills in my years here

Proud coin holders , with autism saying how great their coin is. How it will do A B and C

You are forgetting the biggest part of the puzzle though, IF

IF it can pull it off, IF normies fomo in and never sell, IF it pulls ETH like growth, IF the market recovers

TLDR: with all the IFs associated with link, there is a roughly 3% chance link will ever reach $3 and above. Enjoy your deluded NEET freedom dreams

/thread

>>8916888
1: Translates data from the real world
2: Puts em on the blockchain
3: Makes me rich

>>8918367

IF your mom swallowed you the world would be a tad bit better.

>>8912441
Lol those are a joke dude. But for real though tonight it’s happening. Strap in boys.

>>8918367
Cappd your ass
Cya in a year faggot

>>8918367
who the fuck cares what some larper thinks nigger. does that even change any of the strong evidence we've seen the past few weeks that LINK will be working with billion dollar enterprises? nice fud you imbecile. but you are going to have to try a lot harder.

>>8918296
this. whoever thinks smart contract technology is a meme is fucking brain dead.

>>8918476
awww did i hurt your feelings with truth?
I'm sorry anon, you will unironically not just buy a shitcoin as a late adopter
Listen to a 4chan larp
And expect to get rich off sitting on your fat ass and doing nothing for the rest of your life

0 percent chance, only early adopters of BTC ETH and NEO got that priviledge

I'm still in the crypto game, but i don't have my head up my ass like you deluded cucks. Grow up, get a fucking job. And if link makes you 20-30% gains ... be happy

>>8918533
NEO...LMAO.

>>8918506
I'm not trying for anything besides getting people to see reality. That is all

You guys really thought Link would be at least $5 by now. Then you just think to your self, it'll come eventually. If ETH can do it so can LINK

Wrong...
The abnormal growth of ETH and BTC is very, VERY unlikely to ever occur with another coin ever again. People have snapped into reality, they don't just hold bags while getting dumped on. They take profits now

When people take profits, a coin can not have consistent parabolic growth. It'll just pump and dump over and over and over

/
t
h
r
e
a
d

>>8911743
RE the suchi review - The consensus code isnt out to my knowledge? Thats why ropsten deployment is so important, we get to see the consensus and validation code.

>>8917473
Amazon Web Services (cloud)

>>8914771
the problem is that tech capable of meeting this vision will be complicated, and the simple shit on the link github so far does not at all fulfill this vision

>>8918588

I'm already way up nigger.

You're just scared as fuck because you're a pussy and sold WAYYYYYYY early and now you're going to miss out. lmao kys

>>8918588
I'll be happy with $5-$10 LINK. Very achievable considering the network will get paid by corporations for pulling API data. Chainlink network will have actual revenue unlike 99.9% of cryptos.

>>8918488
underrated

>>8918756
typical answer
Nigga i bought in pretty low
And swing trade my linkies like they are nothing daily
I keep adding more to my stack while i swing my other coins and slowly add to those stacks

>>8911743
Objective opinion link is a stagnant project that is mismanaged and quickly becoming irrelevant due to better managed competition.

Subjective
OMG LAMBO 1K EOY KEKEKEKEK

Sage all link threads

>>8919060
oyy nice try

>>8911743

Going to be years till LINK is worth 5 dollars or more, and that's IF they can even pull it off. It has tremendous promise and reach, but they aren't technologically there yet and the market isn't there yet.

>>8919232
>>8919232
i kekked, you fkin retard will be on suicide watch EOY

>>8919249

I still hold 10k, nigger.

>>8919257

I hope you sell at $5 faggot.

>>8919284

You all really are niggers. I also think LINK has the potential to be 100 bucks, but know it's fucking long-term and I'm not an ideologue about it. I'm not selling for years AS LONG as they can produce 100% working mainnet.

>>8919327
fucking retard what is antshares? you cuck, you are acting like a piece of shit on a mongolean horse semen trading forum.

antshares went from 15 cents to 160$ in 6 months.

link has more potential you fucking brainlet

>>8919351

No shit it does, but I think the speculative market is over and it'll be actual real-world use that will make choice coins explode in price (like NEO did in the past).

>>8911743
>L IN K
>filter evasion

>>8919392
rekt slut

>>8919351
you're the nigger for wasting your time talking in this thread. kys faggot

>>8919384
you are talking just like the faggots who were bashing bitcoin in the 2014 crash. you sound just like a fking brainlet

>>8919438
>>8919438
after checking my ID + ID color i cannot deny that im indeed a NeiQQer

>>8919478

And you sound like a dogmatic nigger who won't even consider potential "negatives." And they aren't even negatives. It's just taking into consideration market conditions, taking into consideration smart contracts entering the mainstream business mind, the legal barriers for smart contracts - lots of things have to happen for ChainLink to be a 100 dollar coin, which it very well could. Stop being black.

>>8919490
Self-RIP :(

>>8919490

See, there you go, nigger.

>>8919500
>>8919511
check'd but go fuck yourself bro, you're a fucking defetist, who don't believe in whar he invest you're a party pooper .

>>8919511
you absolute fucking retard, what makes you think you're any better? also kys but slowly

>>8919522

Only a nigger doesn't take into consideration his investment has to overcome to come to fruition. I still hold LINK bc it's one of the most promising coins out there, but it's no god damn guarantee. You nigs are like 18-years-old.

>>8918296
Fucking this.

Seriously you guys. Automation will be truly possible in many sectors and areas life due to Trustless Smart Contracts. This is going to fucking change the world. Just one small use case for LINK (USGS data for earthquake insurance payouts) is a revolutionary new business flow for the insurance industry.
Now think what could happen if we can slowly automate society like this. The only it can happen is with trustless environments, in which the first one will be coming soon (API -> Smart Oracle -> Smart Contract).
It’s hard to explain the truly abstract concepts that can be imagined, but it is nothing short of a total paradigm shift.

>>8918296

Thirding this. Come on sergey.

>>8918296

>>8919351
reminder that NEO still mostly does not work and competes with ETH meanwhile LINK has no serious competitors and is NECESSARY for trustless smart contracts to function.

>>8918367
>IF normies fomo in and never sell
this is bigger than normies moving the price by 10% we are talking about tapping into some of the most lucrative markets in the world.

>>8919384
>I think the speculative market is over
lol, ok