/biz/ - Business & Finance

>>9101666
checked, but I dunno if Ih1ve the patience to wait till then

>>9101666
Hmmm that’s quite a lofty prediction... however let’s agree on this: LINK will unironically hit $1000 one day, and could potentially usurp Bitcoin as #1

ChainLink is secure blockchain middleware that allows smart contracts on various networks to connect with the critical resources they need to become useful for 90% of use cases. Basically, ChainLink helps to solve a huge problem by linking real-world data to the smart contracts. With ChainLink, banks such as HSBC, Citibank, Wells Fargo and many more will be able to securely provide smart contracts to key external data. ChainLink is an ICO created by a company called "SMARTCONTRACT" which has been around since 2014. The company has been developing this technology since the early days of Ethereum and Bitcoin.

Source: https://link.smartcontract.com/

The big thing for ChainLink is their involvement with SWIFT. SWIFT is founded in 1973 and remains the gold standard for secure financial messaging services. There are over 11,000 banks and securities organisation using the SWIFT technology as a form of communication between intermediaries. In 2016, ChainLink won a competition called, "Innotribe industry challenge 2016", organised by SWIFT. As a result, ChainLink was awarded a contract to integrate the proof-of-concept technology with SWIFT. If you are aware, Ripple and SWIFT are competitors in the block chain technology (https://www.finextra.com/newsarticle/31000/gloves-come-off-as-ripple-preps-toronto-conference-during-sibos).). SWIFT is out to get the most cutting edge technologies to introduce it to its 11,000 clients, and ChainLink is one such technology. On 16 October 2017, ChainLink is going to showcase its product (ChainLink integration with SWIFT) at SIBOS to over 100+ exhibitors such as Bank of China, Barclays and Citibank.

Ripple Market Capitalisation - $8,640,478,018

ChainLink Market Capitalisation - $134,865,500

Ripple has 64x higher market cap than ChainLink. This is your one time opportunity to invest in an excellent ICO that liaise with SWIFT dealing with a trillion dollar industry. Is not too late to invest into ChainLink.

>>9101777
sounds great, I'll invest in LINK for sure, thanks for the info!

>>9101666
1K EOY check that shit

>>9101777
Trips of prophetic truth. Checked!

Is there any truth to the "there are other coins solving this problem" FUD I hear so commonly?

>>9101666
Beast has spoken

1k sats EOY

>>9101848
1000k sats eom

>>9101777

>>9101666
At $100k, I would be an actual billionaire in USDs and my LINK stack is pathetically small. If it actually hits $100k, there'll be a whole new social class of rich as fuck /biz/raelis. Crazy to think about.

Anon, when was the last time you spent a day without thinking about the oracle problem?

I thought so. It's ultimately the only problem.

Better question is how would IBM researchers miss the connection between cryptlets and chainlink, instead analyzing them as two seperate solutions?

This thread is the epitome of Link delusion, the result of a sick mind. Loosely related extrapolations passed off as some kind of "proof" that the content of the information is "secretly" referring to Chainlink. This mental illness is the result of months of collective delusion, believing that billion dollar companies are under strict NDA's, believing in the "insider" LARP's, believing that randomly generated numbers on a Somalian LGBTQ Support Group BBS are literal "magick". The fact is the only confirmed partners are a few small projects, and the confirmation of these partnerships is still dubious at best.

It will take at least a few years for the mainnet to mature and work out the bugs. You will all have nothing to look forward to but an empty network and a slow trickle of fixes coming in for the bug bounty period. 99% of you have no experience or insight into software development, much less the ins and outs of development in the Blockchain space. Most of you couldn't explain in simple terms what a Blockchain is, what bitcoin is, what ethereum is, or what an "immutable decentralized network" is(tip, it doesn't exist as of this writing).

You are invested in technology you don't understand, holding out for a mathematically impossible return on that investment, and your primary source of information is anons with giant bags who are going to dump on you for their own amusement. $1.50 EOY is a bullish prediction. $10-$20 per link by 2021 is a bullish prediction. You will deserve the fate you are dealt if you continue to steep in these deep delusions.

>>9101666
>>9101777
In one thread? Something fishy is going on here.

>>9101994
Another day, another pasta fud. Link 1k EOY!!

>>9101764
>$1000
>beat bitcoin
Gotta have to pump up those numbers

>>9101777
>>9101666
yo wazzup

>>9101666
Never is not before never op

>>9101666
(((chainlink)))

literally used by refugees from aid given by jewish organizations.

>>9101666
>>9101777
Checked. I got 555 yesterday. Link 1k eoy

>>9101777
Good find, was worried I wouldn’t get my bedtime story tonight.

>>9101777
Fucking checked

>>9101994
>anons with giant bags who are going to dump on you for their own amusement
you better be troll, kek

>>9101666
>>9101755
>>9101777
>>9101855
>>9101899
>>9102466
fuuuuuuuuuucccckkkk

>>9102524
holy mother of fuck

>>9102540
kek

>>9101939
yeah but who seriously thinks it will go that high? and it what timeframe? i only have 258 link but if this $100k thing would be even remotly true it would crash the economy and ultimately lead to infaltion

>>9102524
Yeah. My linky about to get real stinky.

Literally just set an order for 108k links

>>9102662
People won't hold.

In economics it's known as profit sharing motivations, where 1 individual sell something at 10 bucks (say, having made 10x gains), to somebody willing to buy and hold until 100 and so on and so forth.

Very few people ACTUALLY hodl for 1000x gains.

>>9101666
checked

>>9102662
No. You're not printing money, you're moving money from the people that have it to the people who sell their LINK.

I know using your brain is hard.

>>9102524
Fuck, why does Kek love linkies so much?

>>9101812
Patents pending. Just presented at an invite only conference with CISCO (they provide oracles if you didn't know). Keep ignoring it, maybe it will go away lel

>>9101666
>>9101777
>>9101855
>>9101899
>>9102466
checked. It's really going to happen, isn't it brehs?

>>9102662
realistically, if it went over 50; most current holders would sell. if it went to 100 and dipped to 75, many would sell out of fear.

>>9101777
witnessed

>>9101777
so ripple did a x4 while chainlink is still stagnant

>>9103071
>massive Overhyped digital IOU with media marketing directed to normies
>under the radar fintech oriented Middleware.


Gee, wonder which is gonna attract more people short term in a market ruled by hype and speculation

>>9101666
Checked.
>>9101755
Checked.
>>9101777
Checked.
>>9101855
Checked.
>>9101899
Checked.
>>9102466
Checked.
>>9102900
Checked.

>>9101939
that won't happen cause most people would have sold by then.

>>9101777
thanks just bought 100k

>>9102790
I’ll stick with the coin that’s already patented thanks

LINK + ETH = ETH layer 2 storage access to IPFS

This alone is worth $100 per LINK

>>8999999
>>9000000
>>9099999

Who here read the entire LinkPool whitepaper? You should all remember that the price of LINK won't necessarily correlate with staking revenue. If your staking generates you $20 a month, it will do that forever even if LINK reaches $50,000
Just something to consider.

>>9102724
How strong of hands are needed to make it? This is the thing that gives me hope. Everyone says Link can't moon because too many people would be rich. What's the cutoff for making it these days? 25k Link stack? That's within the top 1700 wallets. Of those, how many will have hands of steel for long enough?

>>9104080
Say we got rich off link. That would be because x amount of lawyers and bankers etc lost their jobs. It wouldn't break anything, it would be a redistribution of wealth

>>9104052
No, what it says is that revenue is tied to the USD value of staked Link rather than the sheer number of tokens staked.

A staker with a node with 20k Link when Link = 50 cents will have a value of $10k. However when Link rises to $100 they will have $2 million, and could stake 200 nodes with a value of $10k each. Therefore they could have 200 nodes each bringing in revenue rather than one.

>>9104052
Brainlet here. How? I thought the whole point of Chainlink was that nodes were being paid in Link? I guess they just gonna utilize them Link decimal places and reduce the actual output of Link.

Also

>we speculate

>>9104080
there's 21k addresses.
its literally fucking nothing.
there's 25 million millionaires in the world. Individual ones. Now imagine companies.
those 21k, could all become millionaires and its still fucking nothing.

>>9103599
Explain to brainlet please

>>9104220
Thanks for the take, I've been meaning to discuss one other thing I didn't understand in the LinkPool whitepaper. It's pic related, and it references the following article:

https://medium.com/chainlink/chainlink-an-overview-and-our-focus-14f03335b803

Where 19,000 people told Sergey they'd like to be node operators. That was around ICO time, before LinkPool was even conceived. Isn't it safe to assume that LinkPool will be dominating a lot of that node operator interest (as hobby operators use LinkPool to stake instead of running their own servers), which would
>decrease the estimated number of nodes
>therefore increase total requests per node
>therefore increase node profitability
Am I just a brainlet or was their estimate even more conservative than it looks?

>>9104225
Nodes are being paid in LINK. LinkPool is predicting that companies will measure their oracle pricing in fiat and not in LINK, so you'll be getting smaller and smaller amounts of LINK as the token price rises, as opposed to more and more money.

>>9104341
IPFS is decentralized file storage, kind of like torrenting, except if you run your own node you can permanently store data on it, so a company can use chainlink and IPFS+ ETH to only store critical logic inside smart contract and data on layer 2 aka on IPFS, then inside smart contract they can request to read that data using chainlink and save massive amount of storage cost and increase useability of ETH smart contracts

>>9101666
My suspicions have been confirmed yet again: LINK will make us all wealthy.

>>9101666
Kekus Luciferus confirms

>>9101777
Thx some new elevator pitch pasta.

>>9101666
Checked, LINK posters keep nailing so many GETs I think the universe is trying to tell us something.

>>9104942
if trips link $1000 EOY

Don't trust these pleb gets... pink ID coming through and my dubs confirm chain link is going to 0

>>9104971
You cannot force Kek. You know it.

Can I run a node with 6K Links?

>>9104734
Brilliant

>>9105134
you can run a node with 0 LINK, but they allow you to stake tokens to make the node more trusted.

>>9104734
Genius.

>>9105134
Nobody knows.

I'm mostly on-board with ChainLink but can somebody tell me why the global finance community would WANT the crypto revolution /biz/ dreams of? Banks in particular seem to profit a lot from the centralized finance world, especially if they're the only party people "trust". Why would they embrace changes like this especially if they had trillions at their disposal to fight back?

>>9101666
Fucking kys faggot stinky all of you are so god damned homo

Also does ChainLink's development now going on via a public GitHub not make it much easier for closed-source chink competitors to try stealing the code?

>>9105217
they hate crypto but at this point they know there is no way to stop it. The bitcoin network is too big and they missed their chance. The only option now is to accumulate as much as possible and attempt to centralize it with things like LN.

>>9105268
yeah but who are companies going to go with? the people who were smart enough to create chainlink, or the pajeets that stole their code and don't understand it on the same level? It doesn't matter if their product does the same thing. On top of that chainlink will have a much stronger, more reliable network of nodes.

>>9105316
Whichevers cheapest

>>9105217
businesses that resist technological evolution get rekt by it.

as srgeys puppet at cryplets said "it will change the dna of business". The companies using it will save money and time in orders of magnitude compared to those who don't. He even said the companies getting involved mindset is that they don't want to end up like blockbuster

>>9105217
cause European Commission is obliging them too. https://www.cnbc.com/2017/12/25/psd2-europes-banks-brace-for-new-eu-data-sharing-rules.html
EU always the savior of this world.

>>9105367
chainlink would be cheaper but that doesn't matter they care more about security

>>9105367
and first, right? LINK is at risk of losing its first-mover advantage if they don't speed up. I swear I'm not FUDing but don't they only have one onboard technical dev?

>>9105427
bingo. the exact reason why chainlink will fail hard.

>sergey: "lol, look we found a treasure map! there's tons and tons of gold buried at this place, fucking great. we're going to take our sweet sweet time to get to the place and start digging, maybe next year or something"
>meanwhile thousands of other people arrive at the place not even a day later and dig up the treasure chest within a week.

>>9105540
bad analogy, sergey is the only one with the map, and the only person who knows where to look. Everyone else is just digging blindly.

>>9104188
>implying I'm not gonna employ my own lawyer and banker when I take my new amassed wealth and create an ethical bank

>>9105600
nice

Ey, Playerhater guck, der Überpimp ist back
Lässt die Bitches laufen im Japaner-Schülerinnen-Dress
Und bitte rede nicht, die Uhr und der Ferrari seien Luxusgüter
Ich zeig dir den Wert in Bar wie ein Luftdruckprüfer
Betätige den elektrischen Fensterheber des Cadillac Escalade,
Fahr shoppen mit 'ner pechschwarzen American-Express-Magnetcard
Und schaue nicht auf Preis- und Sonderausstattungspakete
Sondern auf Handschuhfachgröße und Kofferraumfassungsvermögen
Yeah, während vor meinem Haus mit Kameras in Rosenbüschen
Schlampen abends Fotos knipsend spannen so wie Bogenschützen
Ticke ich gelbe Paste aus Amphetamin-Drogenküchen
An Junkies auf dem Schorestrich und manchmal auch an Modepüppchen

>>9105427
>don’t speed up

Lmfao obvious LINK holder fudding. Last time I checked they are doing quite well, in fact Steve just moved up the date to start implementing ropsten to the Apr 29 - May 6 slot, so we will be seeing some action VERY fucking soon boys.

>>9105540
What makes you say its not making a first move advantage? Chainlink is literally ignoring their marketing branch so that they can have a working product first. They have partnerships that havent even been announced, i mean chainlink is working underwraps with swift and microsoft...tell me what other oracle company is doing that?

>>9094610 (OP) #
one main concern of mine is that, if all of these people are working with chainlink like microsoft, swift, etc. then why haven't insiders already bought up a lot of link? there should be demand, and I don't see as much as we'd expect if companies were really going to use link. After all of these dots we are connecting and pieces that seem to be falling in place it still doesn't seem like anything is fucking happening on the outside.

am i wrong to think like this?

>>9105614
thanks :)

>>9105800
Already price in senpai. It is a Meme 1k EOY. Link will just not dump to 0 like every other shitcoin outside BTC and ETH.

>>9105832
Idk how it could be priced in though sure doesn't seem like it nobody is connecting dots except people here and then the other people who already know the dots that are connected bc they're insiders

>>9105800
How do you know there isnt? I mean, if chainlink will change our world, theres still plenty of time to go in, linkies under ten will still be a steal.

>>9104734
Can you break this down further for someone with brain damage? I dont understand why link and eth would be used for data storage?

>>9105886
I think you're starting to see the way.

>>9102747
The ancient one has chosen us to enact his vision on earth

>>9102790
Tell me the name of the conference and the country it was held in.

Fat chance.
The two are fucking intertwined

>>9102790
Pajeets are literally making a worse version of the protocol and then seeing how many jews they can chink on their way down.

>>9106136
the street shitting conference in bombay.

>>9101994

December 31, 2018 and every subsequent December 31 will be such funny days for me full of pink wojacks

“Biz, you told me this would be $1000 EOY. WTF, Even fucking ripple is $8, I’ve been holding this piece of shit 50 cent token for 15 months.”

Screen cap this.

>>9105917
This is broken down pretty far already

>>9106493
my worst nightmare.

>>9106644
I’m sorry. I don’t really even like being mean to linkies anymore. I’m more just fascinated by the willful delusion. It reminds me of that Charlie Day meme where he has all of the “connections” mapped out. It’s a very intriguing case study in human psychology.

But I definitely will still be here EOY to laugh.

>>9106716
don't be sorry, only 20% of my portfolio is in LINK. people that go all-in on some meme token are daft cunts. but hey, some daft cunts win the lottery too.

I was reading a thread about a week ago of linkies talking about eating only oatmeal and chicken for months and working extra jobs to buy link.

Interesting cult similarities.

>>9106867
somehow i still believe the whole cult thing is 100% satire, or at least meant to be ironic.
or maybe i just keep underestimating how retarded most people are.

>>9106867
why are you mocking oatmeal guy?
he's a biz legend.

>>9105401
>savior of the world
>needs USA to save its ass from national socialism
el keko

>>9106867
>>9106941
>taking memelink seriously

I listened to the epicentre podcast with Ari Jules, he said IC3 works closely with Intel in dvelopment. Ari Jules also has access to the SGX, which isn’t even on the market yet. How could any company be possibly farther then chainlink when they don’t even have access to an intel SGX, when the man literally wrote the chainlink paper. Ari Jules also was WAY inb4 bitcoin was even conceived. The guy threw away his job as chief RSA because his ideas were not becoming concrete. This man is driving innovation into our lives. Listen to the podcast if you don’t believe me, go look at the numerous amounts of parents he’s filed, this guy is more valuable to have on your team then satoshi. Get wet

>>9106941
Have you heard about the order of Delphi?

>>9107143
Kek

It's funny but he doesn't need to do all that. If your reading this bro. Go eat some veggies . You can't survive off tendies

>>9107544
no

>>9106867
>" linkies talking about eating only oatmeal and chicken for months and working extra jobs to buy link."
>eating oats and chicken
>getting swole
>getting dosh
>putting it in an investment you believe in
>other people doing the same
>not seeing the party you're missing out on because you're too cheap to put even $20 in
>cult

:thunking:

>>9107542
Funny that you should mention SGX.

https://ethereumfoundation.org/devcon3/sessions/secure-decentralized-oracles-applying-intel-sgx-and-towncrier-to-external-data-payments-and-off-chain-computation/

>>9106444
>>9106450
brb, archiving this to print on various clothing as a fast fashion way of making money off the absurdity of life

>>9107688
https://inlove.kz/watch/Sergey-Nazarov-SmartContract-ChainLink-@-Devcon3-November-3-2017/kW27zYIxZhY

is it realistic for chain link to reach $10k in 2019?

>>9104971
You're a fucking retard - even kek knows this.

>>9107724
>forbes top 20 billionaires of 2019 gets released
>jeff bezos is placed 2
>start sweating
>click the 'next' button
>heartbeat starts increasing
>the picture is already loaded, but after 10 seconds your mind still can't even grasp the combination of pixels on your screen
>it's a picture of sergey in his typical shirt
>$100 billion net worth

>>9108001
As I do more research the more I think that he is satoshi.

>>9108001

here's sergey's head on a transparent background if anyone needs it

>>9108031
Can he code?

>>9108248
He pretends that he can't.

>>9108154
damn...this shit is about to hit the gram huh?

gentlemen...ladies....people...animals....

It was an honor. Thank you. I hope I see your speech patterns again soon.

>>9102524
jesus fuck, Kek is trying to tell us something
better start investing now goys

I am sorry for everyone who is new and falls for those obvious shills

>>9107661
>He doesnt know about the order
Lurk more.

>>9108001
100b/350m = $285/LINK

Not even that outlandish

>>9108342
>trying to tell newfriends to do anything but their own research
shameful desu

>>9108031
He was childhood friends with Hal Finney.

>>9108537
and they both lived in the same town as Dorian Nakamoto

>>9108539
No. Rock and Marty can infect everything else but leave our Linkies alone.

>>9108001

Omfg this is has reach a new level of deluded stinky pinky

>>9108559
>is has reach

>>9105800
what is 5 to 10 million dollars of sustained daily volume for a month straight

bought 100link today to be opened by my wifes son on hes 18th bday.. hes 2 tosay

>>9105388
So you are saying companies will FOMO into the chainlink network or whatever because they won't want to become like Blockbuster Video.

Does this mean that blockbuster video could come back into business and has chainlink and become relevant again?

Literally the first girl I fucked in the ass was a chick I started dating who worked at blockbuster. So I'm kind of nostalgic when it comes to blockbuster and hope chainlink can bring them back to life.

>>9109472
Yes.

>>9105388
>>9105388 #
So you are saying companies will FOMO into the chainlink network or whatever because they won't want to become like Blockbuster Video.

Does this mean that blockbuster video could come back into business and use chainlink and become relevant again?

Literally the first girl I fucked in the ass was a chick I started dating who worked at blockbuster. So I'm kind of nostalgic when it comes to blockbuster and hope chainlink can bring them back to life.

>>9109246
You have a family and gave your kid 100 Link? Which tribe in Ghana do you live in?

>>9109246
Oh my bad. Your wife's son. LOL.

>>9109512
I feel you. Tbh though I bought the dip on blockbuster, aka I went and bought up as many as my favorite movies as I could when they closed. The one near me liquidated all of it's videogames so very few of those were on the table but desu whoever got those probably got some unforseen cult classic that they're dumping for 100% gain now

>>9101666
you guys realize you would be lucky to be at 1 dollar eoy

>>9109685
sure, because 100% gains in 8 months are great.

Bitcoin just went 2x in a few weeks. Link was $1.40 three months ago. This market operates in an arbitrary fashion, <$1 is very possible.

>>9109674
I hope so. I have burned 300K € in Link already, and my cuck bank doesn't let me buy more. I have used all my credit in three different exchanges of € to Bitcoin. I am going to sell my house to put more money so I better start improving my fudding to keep to price low.

>>9109685
nah, i think $1000

>>9108154
Tkanks anon. OC just for you.

>>9110424
Brb spamming this on /fit/ now

>>9104052
What is network growth? The token value will be tied to the sentiment about the chainlink network, so a rising token price will indicate positive sentiment, which will only exist if the network is growing and is profitable

Something to think about

>>9107567
No

$1k EOY

bumping thread

Thread won't die.

Chainlink will not be 1k eoy. I'll tell you why too. It's fucking over. Don't tell yourself otherwise. You are an actual brainlet if you don't understand the implications of VEN's announcement. Even if you ignore the fact that most businesses would just utilize VeChain's smart contract platform with its built-in oracle rendering your shittoken absolutely fucking useless, their announcement also implies the simple fact that literally EVERY SINGLE ONE IN THIS BOARD WHO HAS HIGHER THAN ROOM TEMP IQ. Any smart contract platforms can just have their own oracles. Blockchain agnosticism doesn't fucking matter because everyone would just shit out their own oracle network because IT'S THAT FUCKING EASY. Your "moonshot" isn't anything special, sorry LINKies. Get absolutely fucking fucked lmao. On that note, see how it's currently pumping? That's the whales propping the price up as they finally sell their positions on this gamble of a token. I'm sorry, the dream is over. Go fuck yourselves. It's over

Link will definitely be first to 100k

>>9102662
Also if everyone sold link price would go down as its selling. This is some pajeet brain teir logic

>>9101666
PRAISE!

>>9101777