/biz/ - Business & Finance

When moon

>>8930479
More than likely this year.

>>8930470
Simply give 5 companies that have been discussed in the slack as being heavily linked to ChainLink

How many link in a node

>>8930470
what is a private slack?
I would much rather have a private work, fucking slacker sergey asshole stop playing with my money and give moon

>>8930470
$1000 eoy?

Will 10k be enough?

Will 2500 stinks give me at least 100k usd?

post screenshots

>>8930512
Bump this question

>>8930567
Lmao maybe in like 6 years.

>>8930512
AXA, EY and A.P. Moller have all been discussed recently.

Tell us something we don't know.

>>8930675
what involvement do they have with LINK

>>8930675
also what quarter this year should we be expecting main-net?

This private member larp needs to fucking stop. I've actually contributed to the github and there is no private slack. Wonder why there hasn't been a single proof?

>>8930844
Hi Gage

>>8930675
Even If you are Larping Ernst & Young have released a blockchain assessment.

>Blockchain technology will likely power innovations in micro-insurance and micro-finance. These peer-to-peer networks for mobile payments of premiums, claims, loans and other transactions will pass from mobile phone to mobile phone in a smart contract-based cloud environment and require authentication of contracts and customers in new markets to operate distributed authenticated corporations.

>>8930470
Just post some proof, like the member list.

Send me 1 link and I'll believe you.

0xcCef123243BFa9A655734fc4eA486d53cf5C0123

>>8930470
Hi Soof

Post a screenshot. Oh wait, you're not actually in a private slack.

>>8930805
You've probably heard of AXA's involvement already. Well EY and A.P. Moller have similar use cases and requirements. That is, mainly, the need for a decentralised oracle network which is robust enough to be able to handle the demands of a global trade digitization platform, which is essentially what is being built. Have a look at A.P. Moller's partnership with IBM to see what they're trying to achieve.

>>8930470
what price do you see link at eoy? also, are you a developer?

>>8931086
so essentially maersk+hyperleadger shit that we have been talking about some time ago?

>>8930470
stop larpin Pashish its shit time lets go!

>>8931086
http://www-03.ibm.com/press/us/en/pressrelease/53602.wss

>>8931314
of course it's bullshit. A private slack larper claimed they were launching the network on ropsten over the weekend two weeks ago. Literally zero of the 100s of chainlink larpers have had any of their claims borne out in reality. This particular one is one of the lowest effort larps I have ever seen.

You need to be in the top 1000 wallets in order to make it.

>>8931243
Essentially, but now major international freight forwarders have been given the green light to embrace blockchain tech. They're now actively working with Smart Contracts. I can't say too much more, but the team is in regular, direct communication with Agility Logistics.

>>8930470
how much link do you own?

>>8930470
OP, you have been summoned.
>hands OP an empty big mac container
>Inside it reads:
>You linky shall stay super stinky.
>discord tSwUrjN

>>8930819
2 or 3

>>8930470
When you're actually LARPing, try to come up with new stuff that'll get people excited.
You can't LARP and only mention thing we already knew from before.

That being said, sage.

>>8931562
Agility CEO was at Davos this year. could be that they are ushering in and embracing the new blockchain technology along with using smart contracts.

>>8930470

1 - will big companies ever buy the LINK token?
2 - why will they buy or not buy the LINK token
3 - if yes, when will big companies start buying the LINK token
4 - if yes, how many tokens will they buy
5 - ones they end up buying those token under what conditions do they intent on selling them

>>8930470
post proof
take picture of convo without identifying your info
otherwise you are a stupid larp faggot and your mother will die in her sleep tonight

>>8931562

>he left 40min ago

>>8930844
You are wrong. Also, op is a larp. I am in the private slack and also can easily prove the existence.

>>8931944
>1 - will big companies ever buy the LINK token?
nope, sergey gives them to the big companies for a discount, check out how the tokens are distributed.
>2 - why will they buy or not buy the LINK token
nope, no need for it as I explained in 1
>3 - if yes, when will big companies start buying the LINK token
never because they got them for cheap from sergey
>4 - if yes, how many tokens will they buy
around 35% of the tokens are already in hands of big corps they won't buy much more and will most likely dump the price
>5 - ones they end up buying those token under what conditions do they intent on selling them
they simply market dump them, their nodes will at that point already be trusted and they don't need that much stake in the system so they will market dump them.

Is Assblaster y‘all‘s marketing puppet?

>>8932160
>check out how the tokens are distributed.
To be honest, this isn't mentioned anywhere.

>>8932102
No; I'm in the private slack and so is my wife.

>>8932227
>this isn't mentioned anywhere.
another red flag

>>8932160
>around 35% of the tokens are already in hands of big corps they won't buy much more and will most likely dump the price
35% is reserved for node operators, not for customers, this is a common misconception.
Sergey however might use the team reserve to sell OTC to strategic partners at a discount with signed contract that prevents the customer from dumping on open market.

>they simply market dump them, their nodes will at that point already be trusted and they don't need that much stake in the system so they will market dump them.
kek

>>8932278
No, I didn't say that distribution isn't mentioned anywhere but you said
>sergey gives them to the big companies for a discount
This isn't mentioned anywhere

You're obviously talking out of your ass and have no idea about anything, kindly kys

>>8932298
see >>8932283
>Sergey however might use the team reserve to sell OTC to strategic partners at a discount with signed contract

>>8931944
1) That appears to be their intention
2) It's in their financial interests to. LINK is an appreciating digital asset. There is also an element of vanity to it. "Blockchain" is going to be the buzzword in the media over the next couple of years. Companies with leverage want in, but they're genuinely enthusiastic about the technology. It's in their interest to invest in a pioneer in the field with who they'll be sharing a business partnership.
3) Some purchases have already been made. Others privately agreed, contracted. More to come in Q2.
4) I can't speak for all the companies mentioned, but I do know at least one of them intends to make a purchase of 7 figures plus, by Q2.
5) I can't comment on those companies' future intentions, it's not my business.

>>8930470
You lied about ropsten releasing last week

>>8932340
Yes, I'm saying hypothetically you imbecile, that Sergey could sell SOME from the team reserve , if need be.
They would never give up a major part of their stake in the network for pennies just so someone could dump it on the market.
That's 30%, you were mentioning 35% and stating it as a fact when it's obvious from the image I posted that those LINK are meant for node operators.

WTF is this chainlink shit im seeing on /biz/? this is my first time on here in about a year.

>>8932406
>They would never give up a major part of their stake in the network for pennies
still making millions of dollars, whats your point? you think after already making over 32 mil they are greedy for more?

>>8932406
Big companies won't buy it anyway as the tokens will go to companies that build the smart contract environment, like symbiont.
they will manage most of the nodes for their clients and once the nodes are 'trusted' there is no need to stake too much LINK on it anyway, they will market dump it.
not saying there is no money to be made with the chainlink token but you gotta put your expectations way waaaaay lower than 1k per token, it will probably remain below a dollar forever.

Private slack member here, sergays going to market sell the entire reserve to fund the development of his new project. More info on the new project q2.

>>8932448
Buy buy buy, its one of the last legit moonshots and u can stake it.

>>8930470
Lying, larping, FUDding faggot.

>>8932102
fucking prove it faggot or your mum will die tonight in her sleep

op, give me your price predictions for eom, summer, eoy

If I want the highest passive income should I sell of my 16k VEN Strength X node to top up my link stack to 180k for staking?

I see there is confusion once again about the purpose of the link token. Let's just clear this up now: the token is absolutely essential for system participation, because you need them as collateral for contract completion. There will be a constant cycle in and out of circulation, but overall it's in one's best interest to maintain a steady supply, or you'll be limited in the jobs you can complete. So sorry, no market dumping will be occurring.

>>8932453
>you think after already making over 32 mil they are greedy for more?
You think that this 32 mil will sustain the company forever? This is what every ICO does, but only in cases when LINK is being discussed this is suddenly a huge issue that we need to discuss in every thread.

>that second paragraph
Lmao, just pure delusions and made up bullshit.
First of all, I see you don't understand how staking works and how it affects the reputation.
Second, you don't understand Sergey's vision and his intentions to make this network a complete community open source project.
Third, you make another false assumption that Sergey will be giving away LINK for companies so they could run their own nodes and centralize the entire process, completely defeating the purpose of using this network and going against Sergey's vision that he's supposed to fund in the first place by giving them LINK from his own pocket.

There's no point in arguing really, I see that I'm dealing with a grade A newfag and any further discussion is just going to give me a headache.

>>8932650
>You think that this 32 mil will sustain the company forever?
yea should be enough for 2 people.

>Lmao, just pure delusions and made up bullshit.
so no counter arguments? just proofs my point

>First of all, I see you don't understand how staking works and how it affects the reputation.
it doesn't matter because the legit nodes will provide good data anyway, doesn't matter how many LINK they stake.

>vision and his intentions to make this network a complete community open source project
so what? open source doesn't make money.
sounds like another red flag.

>companies so they could run their own nodes and centralize the entire process
no every company will have their own LINK nodes, nothing is centralized there but of course the nodes giving the actual needed data will be highly valued with or without LINK tokens in their nodes.

>There's no point in arguing really, I see that I'm dealing with a grade A newfag and any further discussion is just going to give me a headache.
you mean you have no arguments, literally communist tier argumentation here.

>>8933251
yea, the smart contract creators won't demand any collateral/penalties locked in the contract, they will just keep choosing their favorite node over and over until it gets hacked 1 day.

anyone who cares about decentralization won't be choosing the nodes manually, and AFAIK manually chosen nodes won't gain reputation (although this is yet to be decided probably).

Reputation is 1 thing, collateral is another.

Typical double standard fudder, attacking one of the most legit proects with top tier token economics, while probably defending scams with their useless gas tokens in other threads

>>8933251
>2 people.
false

>it doesn't matter because the legit nodes will provide good data anyway, doesn't matter how many LINK they stake.
false

>open source doesn't make money.
false

>no every company will have their own LINK nodes, nothing is centralized there but of course the nodes giving the actual needed data will be highly valued with or without LINK tokens in their nodes.
false

>you mean you have no arguments, literally communist tier argumentation here.
Every statement was simply false, now you see why there's no point?
I'm sorry, please do more research I won't spoonfeed you.
>inb4 no arguments
I provided them, but you just turned it around again and said the same thing twice, headache...

>>8933534
>they will just keep choosing their favorite node over and over
which certainly will happen because were else you will get data from lets say barclays, how could you even choose another node if you need their info? simple logic.

>(although this is yet to be decided probably).
another red flag about the project, even such basic things are still not figured out

>>8933615
>literally no arguments
lol

>>8933652
anyone who cares about decentralization won't trust data coming from 1 or 2 nodes. You may as well use oraclize or other centralized shit. But something tells me there is a decent reacon why no one used high value smart contracts yet

>another red flag about the project, even such basic things are still not figured out

yea, they're gonna reveal all the details about the network security now. I'm sure other projects dealing with consensus and reputation mechanisms are super eager to reveal everything right away.

>>8933652

> which certainly will happen because were else you will get data from lets say barclays, how could you even choose another node if you need their info? simple logic.
read about PSD2

> another red flag about the project, even such basic things are still not figured out
no he just doesn't know. ofc any manual node selection won't gain reputation because it'd be a direct api call rather than initiating through contracts.