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/biz/ - Business & Finance


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11952618 No.11952618 [Reply] [Original]

LINK tokens are literally fucking useless. How does it feel now that the dream is over, stinkies?

https://www.reddit.com/r/Chainlink/comments/a1hdbs/will_private_permissioned_blockchains_use_link/

>> No.11952628

Imagine using a chat room with avatar pictures where everyone is a namefag lmao
discord fags find it so hard to cope on /biz/ because they can't handle being anonymous. they need to constantly signal to their discord "friends" what they doing and they even tag their memes like the worst of insta/twitter faggots. THEY CAN'T EVEN MAKE A MEME WITHOUT EDITING IT FOR RECOGNITION. holy fuck the absolute state, lol, imagine a whole chat room of these cunts hahahahhah
your fud is boring and brainlet tier and you all use a chat room with avatar pictures fucking kek

>> No.11952650

>>11952618
you fucking absolute piece of shit of a retard, you think ethereum is also worthless cause you can, today, set up a private blockchain and run solidity smart contracts on it?

>> No.11952673

>>11952628
fucking based, discord fags piss me off really bad

>> No.11952695

>>11952618
Thank you op. Just sold 100k stinkers

>> No.11952699

>>11952650
>you think ethereum is also worthless
Yes. Ethereum is a piece of shit.

>> No.11952728

this is the first FUD thats actually getting to me

>> No.11952733

>>11952728
Then you dont understand shit and should sell your 1k stack

>> No.11952738

>>11952628
what really makes me laugh is they probably think they are making a substantial difference to this market lmao

>> No.11952742

>>11952728
then you're retarded. send your link to the contract address and be done with it.

>> No.11952746

>>11952699
But not cause of the possibility to deploy private blockchains

>> No.11952747

>>11952728
its not fud it's fact, you should listen to your fellow (more deluded) bagholder >>11952733
and dump unless you wanna see your shittoken bleed for perpetuity

>> No.11952749

>>11952728
its not even fud. People tried to use walled gardens too. Public chains are the future.

>> No.11952763

Can anyone smart debunk this? This seems like legit fud

>> No.11952770

>>11952746
any blockchain can do that retard is that supposed to be impressive?

>> No.11952773

>>11952738
It's literally been proven 100% without doubt that they have zero effect on the market. Their "magnum opus" of FUD, a fake website, got categorically BTFO when Chainlink mooned through the entire period they were fudding.
But when you're an egotist you never let anything like concrete, incontrovertible evidence get in the way, so you just keep up with the same "market manipulation" pretending you're some gran puppetmaster when in reality you're a bunch of teenage poorfag retards in a chatroom who get categorically BTFO every time they try another "campaign" on /biz/.

>> No.11952777

bagholders coping lol

your LINK token is worth shit now

>> No.11952792

Why is link crashing

It can’t be because of this 0.5/10 fud

>> No.11952794

I've been trying to tell this board this for weeks. I really thought you all were playing dumb, but it's stunning this comes as news to a lot of people.

there are no autists or technical people left on /biz/. it's just a bunch of normalfags circlejerking now.

>> No.11952795

>>11952770
You mongoloid you just said eth is a piece of shit. Im just saying its not because you can deploy a private one, because that is irrelevant.

>> No.11952799

>>11952763
>why use the internet when we can all set up our own intranets?

This applies to Ethereum as well.

>> No.11952810

>>11952763
It's already been debunked, chainlink nodes on a permissioned blockchain can't stake any link to use as collateral, meaning any contracts worth a damn won't be collateralized. This is fine if everyone knows each other, however most people going into contractual agreements don't know each other and would have to use a public network to A) contract with each other and B) be secured against bad actors.

>> No.11952825
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11952825

>>11952795
>ETH isnt a piece of shit because of one of its features, its a piece of shit because of every other feature
OK dickweed great point

>> No.11952832

>>11952810
What if contracts are being used on Microsoft Corda or Hyperledger? Surely most people will trust MS and IBM

>> No.11952833

Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

>> No.11952851

>>11952825
You fucking mongoloid it was you that said it was shit.

>> No.11952857

>>11952792
It's because I bought in

>> No.11952870

>>11952851
And? What is your fucking point you grade A brainlet? It is fucking shit.

>> No.11952878

>>11952618
Listen u absolute brainlets, dont let this fud get to you, they need people running nodes, else this shit wont work, we will get paid... calm ur fucking tits.

>> No.11952880

>>11952832
Why give up the option to have your contract collateralized though? You could lose fucking everything.

>> No.11952881

>>11952773
what was the fake website?

>> No.11952890

>>11952618
Oh and you guys know what to do, upvote this fud to plebbit.

>> No.11952892

LMFAO i cant believe anyone fell for this blatant shill campaign p&d that is chainlink. Its like none of you fags even remember when DGB was being shilled to absolute hell on here. Fucking newfags. Rule #1 on /biz/ never throw in even a cent into whats being shilled the hardest on /on here

>> No.11952903
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11952903

>>11952618
oh no no NOOOOOOOOOOOOOOOOOOOOOO
WE GOT SCAMMED LINKBROOOSSAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA*breaths*AAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.11952915

this is a legit concern... you nerds on here too dumb to understand

>> No.11952928

Fuck fuck fuck

>> No.11952934

>>11952880
I see your point, but I have a feeling that most enterprise grade smart contracts will run on MS and Hyperledger...limiting the use case of link tokens.

>> No.11952938
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11952938

>> No.11952950
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11952950

>>11952628
>>11952673
>>11952738
>>11952773
>people use Discord to sow discord

Who woulda thunk it.

>> No.11952998

>>11952618
Wow. I guess lawyers are useless to since people can just make contracts between their friends.

>> No.11953006

Absolutely rekt
Stinks who actually look into the problems with Link on suicide watch.
You know every coin sounds God tier and perfect when you are deluded and only read what they 'want' to happen in the meme paper.

But when you are open to reality it's a diff story
>they think everything in stinks white paper is gonna be pulled off by a 2 man team whose ceo is a philosophy major at corporate mc Donald's

*breathes in*

>> No.11953007

>>11952934
Please tell me how many current businesses are you aware of where the customer and the business "trust" each other or business to business "trust" each other that they will act objectively and fairly, unquestionably, at all times. It's zero. Money is spent everyday to fill the trust gap between parties. Chainlink replaces that "trust filler" at a lower price.

>> No.11953008

>>11952618
Please sell, so i can buy lower. Thanks.

>> No.11953027

>>11953007
Sounds great genius
How far are they in actually accomplishing their protocol where every type of information can be fit in and used on their smart contract.
O yea, it's not happening
Not now , not ever.

>> No.11953033
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11953033

>>11952618

This FUD is even more concerning when you realize the real time transactions that would use lots of gas and link tokens would simply be done through private blockchains to avoid long term costs and public blockchains would be done for one-click deals which will be uncommon as fuck

>> No.11953059

>>11952738
I used to think that, but now I realize they're just shitposting for (You)s.

>> No.11953088
File: 46 KB, 1181x321, swift oracle.png [View same] [iqdb] [saucenao] [google]
11953088

>>11952618
Also this proves that their whole "collab" with SWIFT is what I've been saying all along. SWIFT just used the chainlink "tech" to build their own oracle. They will be running on a private chain and will NOT be using the LINK erc20 shittoken for anything.

>> No.11953111

What is the incentive for someone to mine a permission ed block chain? What's the point if there is no decentralization?

>> No.11953118
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11953118

Why is no one talking about this?

>> No.11953131
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11953131

>>11953088
>Chainlink doesn't have any tech, it's a 0 progress project
>Chainlink tech have been stolen before mass usage

>> No.11953141

>>11952777
Cheched

>> No.11953147

>>11953118

Wow, there is a suprisingly amount of either FUD or FOMO lately in LINK, we are reaching fucking critical mass now

>> No.11953160

Oh no a big company is going to use Chainlink for their in house oracles.....
Oh nooooo business connections and relationships are being made and when the company decides it needs off-chain data it can then use the Link Token.
Oh nooooo this is awful news.

>> No.11953169
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11953169

>>11953118
Woah hold up, guys guys Nick Szabo just retweeted a tweet about himself omg and guess what it was from a chainlink fan account! Haha, take that fudders! Prepare for the moon to $0.36! That's right fellow stinkies, $1000 eoy!

>> No.11953176

>>11952618
>"its over"
>implying it ever started
this was the most obvious scam since the beginning. people that fall for it are deluded

>> No.11953180

>>11953160
Um why would a company need to use the link token to fetch off chain data?

>> No.11953183

>>11952628
LINK fud reeks of desperate cries for attention. Let me be pasta! Please let me be pasta! Discord users minds are completely warped by their constant namefagging and little avatar pictures. It makes them desperate for recognition and accolades in a way that means they really struggle to function in an anonymous environment where nobody gives a fuck about them day to day.

>> No.11953186

>>11953169
8 posts and all complete shit way to go.

>> No.11953191
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11953191

Should i be concerned if i didn't understood a single sentence of the message OP posted? I'm a brainlet normie who bought some links just because it was shilled here. Can i have a brainlet quick rundown of what it was about?

>> No.11953201

So... LINK is not used in blockchain environments where all parties are trusted? Good to know, since these don't exist fucking anywhere that blockchain will be meaningfully implemented. Celebrating this FUD is like saying blockchain as a tech is worthless because... there are a few enclaved networks where all actors know and trust each other?

The whole POINT of blockchain is to create trustless interactions because every realistic environment has bad actors, and any meaningful implementation of Chainlink will operate on these public blockchains that require staked LINK tokens to incentivize accurate reporting of information. Don't worry we will get paid

>> No.11953202 [DELETED] 
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11953202

Oh,by the way,if you think that the next bull run will pump your alt coins like LINK,TRON,XRP that are sitting in the hundreds of millions market cap,prepare to be FUBAR'd

There are tons of blockchains with high potential that sitting under 10M in market cap.Those will be the ones who replace most of the SHIT you see in the top 200

FLO will RISE like EMERALD COBRA
10-20x

https://medium.com/@valueprop/florincoin-the-tzero-connection-66697c81c873

Reasons why Tzero/Overstock use FLO

1.floData is accessible and easy to read. You don't need to decompile a smart contract or have a special software to read it. It's in plaintext on the chain.This helps with auditing and explaining how it works to regulators. Any extra steps are a barrier to adoption.
2.floData is easy to write. It is appended to the blockchain using a simple RPC command. This makes maintaining the software around the solution less costly.
3.FLO is a fairly launched blockchain with no premine or ICO. Again, this helps for practical regulatory reasons, but also is a philosophical choice made by those who maintain the software. It guides the decision making for our software and also allows those implementing it to check off a box they couldn't check using another chain without those features.
4. FLO has open source software built on top of it (OIP) that can be used for building more advanced applications (this is how etdb.caltech.edu became a thing).
5. FLO's main use-case is floData, unlike other chains who support complex smart contract languages and operations unrelated to storing data. Sometimes it's best to use a tool that's meant to perform best at a single job rather than bringing around a Swiss army knife and using it for only 1 of its functions.

Look for free and fairly launched coins.They go to BINANCE.

Follow @cz_binance. Retweet.
Back to listing. Ravencoin, no ICO, community project, humble people, no listing fee.

Check out the binance description page for FLO.Look how similar it is to RVN

>> No.11953209

>>11953191
>OP regurgitated latest FUD
>proceeded to stroke his little penis with each (You) he received
>???
>profit

>> No.11953217
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11953217

>>11953201
>any meaningful implementation of Chainlink will operate on these public blockchains that require staked LINK tokens

>> No.11953228

Lets pray to kek this newest fud takes link back to $0.10 so I can accumulate more.

>> No.11953238

>taking this seriously

the question comes from someone who literally has the name 'brainlet'


https://www.youtube.com/watch?v=ovWO3iqXFww&feature=youtu.be

>> No.11953243

>>11953217
>implying these laughing roasties know anything but Tyrone's cock

>> No.11953267

>>11953180
Because that's what it costs, dummy

>> No.11953281
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11953281

>>11953209
ok but that it was about?
I guess it must be legit since no one here tried to disprove the content.
It's about a limitation in the way of how CL can be used?
Will it provoke more dump or it wont have any consequences?

>> No.11953308
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11953308

>>11953217
>le I can't refute anons post so I'll just repeat what he said in greentext and post 4 laughing roasties

>> No.11953314

>>11953006
>*breathes in*
*breathes out*

>> No.11953315

>>11953267
No, not on a private chain, dummy. They don’t need to use a public chain to retrieve off chain data, dummy.. which means they don’t use the LINK token, dummy.

>> No.11953322

>>11953209

"[Not getting paid for operating a node or having to stake link] is useful in an environment where all parties are known and there no transaction fees, which is exactly what a permissioned blockchain is."

The whole point of chainlink and blockchain is that these enclosed, trusted systems are rare and we will want trustless smart contracts in settings where we don't necessarily trust the other parties involved. I believe the overwhelming majority of Oracles will be entities not owned by or trusted by a requester of information such that they won't be paid... or have to stake LINK.

>> No.11953329

>>11953281
Kek. This new FUD.
>what is decentralization

>> No.11953347

>>11953315
You're retarded mate you don't understand how private chains work and why the oracle problem exists.
The company can't reach public blockchain data without using the token.
Good job though you probably made some mouth breather sell his 1 k stack.

>> No.11953372
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11953372

>>11952950
>thunk

>> No.11953373
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11953373

>>11953329
>what is decentralization

i don't have any idea. All i want to know is when i'll get rich thanks to my links as i was promised here. I don't give a shart to know if it's the future of humanity or a ponzi scam, as long as it get pumped.
All i know about this shitcoin is sergey love bigmacs and wear a blue-check shirt. And that i bought it for 0.50$.

>> No.11953377

>>11952628
cringe

>> No.11953396 [DELETED] 
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11953396

>>11953377
>Goy ID
NPC kike golem plebbit namefag confirmed

>> No.11953409

>>11953396
>4 posts by this ID
L*nkies truly are (mentally) underage cultmembers who can’t handle genuine criticism without shitting their pants

>> No.11953423

THIS IS WHY PRICE HAS NOT BEEN INCREASING WITH THESE PARTNERSHIP ANNOUNCEMENTS!!! ITS BECUASE THEY ARE USING FAKE LINK. ITS OVER

>> No.11953425

>>11953347
>private or permissioned blockchains do not use public tokens to function
Steve’s words. A company using a private chain doesn’t need to use public blockchain data retard. There is no incentive for them to use the LINK token. They can get off chain data on their private chains with their own oracle.

>> No.11953432

>>11953409
>genuine criticism
>genuine
The only genuine thing about you is that you are a genuine retard

>> No.11953453

https://www.reuters.com/article/us-blockchain-oil-trading/blockchain-platform-goes-live-for-north-sea-crude-oil-trading-idUSKCN1NY0X6
Reminder that blockchain tech is not just a meme, but that companies also aren’t fucking stupid.

>> No.11953473
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11953473

>>11953409
apparently you didnt read my previous message where i say i don"t have any idea about what link does nor know shit about cryptoshits, all i want is to become rich, and i wanted to know if this fud will compromise my lambo acquisition.
Please explain me what is happening with this shitcoin fren, should i be worried for my stacks?

>> No.11953474

>>11953228
Well that's not happening you broke faggot. YOU'VE HAD AN ENTIRE FUCKING YEAR.

>> No.11953485

>>11953425
You're brain-dead obviously they don't need to use public data if they don't like BUT if they do need public data they HAVE to use the Link Token you gimp.

>> No.11953500

>>11953432
and here we have genuine butthurt

>>11953473
shut the fuck up loser nobody cares

>> No.11953505

>>11952618
thanks just sold 100k

>> No.11953507

>>11953485
>if they need to
Yeah, like literally never.

>> No.11953509

>>11953500
i do care you stupid goy

>> No.11953519

>>11953473
Your lunchmoney is safe.

>> No.11953522

>>11953507
It will be necessary to achieve proper decentralization and offer collateral. LINK $820 EOY

>> No.11953525

I regret egging anons on to ask Thomas that question today. Jesus I didn't realize this would come as devastating news. People have been trying to tell you this Kaleido announced chainlink was on their marketplace.

>> No.11953531

>>11953507
Fucking christ stick to your lane mouth-breather.
Some of us have experience with big data and there will be tonnes of need for offchain data its literally a trillion dollar market you goon.
I'm not replying to single celled ameoba's like you anymore and for anyone reading this ready to sell.
Don't you will regret it.

>> No.11953532

>>11952777
checked. sold another 777 LINK. biz BTFO again.

>> No.11953533

People taking this FUD seriously are not thinking big picture. Who will use the permissioned networks? Big companies? Centralized services? The very entities that blockchain seeks to make obsolete? Imagine the fucking overhead required to basically owning and managing your own stable of oracles such that all actors in your network are "trusted." Owning and maintaining equipment, buildings, salaries, benefits. Will it really be cheaper and more nimble than paying into a public marketplace for oracles, as needed?

The entire point of blockchain is to create a peer to peer economy of services with low cost for trust. Imagine the possibilities of being able to manage a small or personal company or service that can selectively pay for trusted oracle information... again, as needed. Use your imagination and think beyond where you currently picture big money is found/concentrated. This tech is going to allow individuals and communities to organize services and movement of money without--- dare i say--- the sorts of mega-powerful, trusted, centralized entities that traditionally fill that role.

>> No.11953534

>>11953522
Guess what, they don’t give a flying fuck about “decentralization”. I’m sorry you fell for the socialist meme.

>> No.11953543
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11953543

>>11953519
nice, thanks fren

>> No.11953549

>>11953531
You have experience with big dicks you flaming faggot. Enjoy your painful ass bleed to $0.00.

>> No.11953558

>>11953549
Look out giga iq's about.
Nice strawman lad just remember me when Link hits 100 $ and im on my Yacht.

>> No.11953559

>>11953534
Well with decentralization comes a higher degree of security which will be desirable for the high value contracts that are going to use the network. The users will give a fuck about their money being legitimately secured.

>> No.11953561
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11953561

>>11952763

Chainlink is entering and capturing market share of both public and private ecosystems, regardless of whether or not its participation in the ecosystem will directly generate revenue for network participants. They are cornering the oracle market regardless of if they can make money off of it. The fact that permissioned blockchains do not use external tokens has been known for years and does not change anything. Chainlink's ultimate success depends on what it always has, providing oracle services on public blockchains. Your outlook on public blockchain adoption by dApps, companies, and industries should be your primary gauge for Chainlink's success. Do not blame the team for your oversights.

>> No.11953562
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11953562

>>11952618

>>11952940

>> No.11953567

>>11953533
Checked. Panic sellers will be btfo.

>> No.11953578

Sergey and anyone else who got into crypto didn't get into it and isn't passionate about it because of private chains. It's probably why the chainlink team has not acknowledged kaleido until today when Thomas did a bit. The entire promise of crypto is based around chainlink adn ethereum supplanting the way things were, and things like PSD2 are moving everything in that direction. Even SWIFT acknowledges it in the report from the SWIFT institute Assblaster first brought to our attention. The focus was and always will be on the public network.

>> No.11953592
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11953592

This fud comes out every few months usually after a pump. "OH NO WHAT IF COMPANIES DONT WANT TO USE PUBLIC CHAINS11!!!1"

They save money using public chains. Now stop posting this shitty fud.

>> No.11953596

>>11953533
Checked and wise. If you're a newfag who gives even 1% credence to the discord fudding retards then just read this post and read it again.

>> No.11953610

>>11953147
>we are reaching fucking critical mass now
there's like 32 days till EOY.
only need a daily 20% increase to reach 1000k eoy.
we're gonna do it, we're actually gonna make it.

>> No.11953614

>>11952794
>>11952832
I can't believe we're entering 2019 and this many retards are still clueless about how chainlink or even blockchain in general works. this shit has been discussed here every single day for 14 months if there was actually a fatal flaw this simple and obvious do you honestly think nobody else would have figured it out until right now? this is the same old recycled fud of the week. you still should market sell whatever you have just in case.

>> No.11953625 [DELETED] 

>>11952618
>>11952628
fucking kek get fucked OP you discord faggots
you're all a bunch of fucking XRP and ENG niggers, literally a bunch of subhuman trash like 90% of the monkeys who larp as sentient humans who hold those coins

>> No.11953628

>>11953610
EDIT: just need a daily 30% increase to hit 1000 eoy

>> No.11953655

>>11953500
OOGA BOOGA
kys you discord nigger you're the only butthurt faggot here who needed to post that reply and defend himself because he realized this anon >>11952628 was right and you're all a bunch of complete fucking losers who jerk each other off as a momentary abatement to your absolutely worthless and pathetic lives that you hate so much

oh and XRP is a 40 billion supply kikescam coin and is never replacing swift. ENG is also worthless along with mobius.

>> No.11953656

>>11953614
every thread makes it more and more obvious the level of chainlink, let alone blockchain, on this board is extremely rudimentary.

>> No.11953687
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11953687

>>11952628
How will discord trannies ever recover?

>> No.11953724

>>11952881
the lenocinium "paid shilling" site

>> No.11953757

>>11952832
Its not about Microsoft Corda or Hyperledger.

Its the other party your transacting with. You guys don't know each other. so yeah, why would you not use some sort of insurance or collateralize agreement in case they were trying to rip you off.

The higher the value contract the higher the collateralized oracle network you will need.

>> No.11953792
File: 33 KB, 310x394, dr sage and mr hide.jpg [View same] [iqdb] [saucenao] [google]
11953792

>>11952728
Anon, you apparently are a newfag. This is literally some of the more completely and utterly retarded FUD about LINK. None of what is in the OP is anywhere even remotely true and the poster doesn't even understand Chainlink as a system. The poster being from Reddit should be your major red flag, but since that didn't do it for you - I guess you are as retarded as I thought you were initially when I decided to respond to you.

>> No.11953795

>>11953610

im not as retarded as you, but 1k eoy could be possible in 2021 with the next bull run

>> No.11953802

>>11953347
>The company can't reach public blockchain data without using the token.
The company doesn't need or want public blockchain data because they misunderstand the tech and they're going full retarded on permissioned blockchains.

>> No.11953805

>>11953792
You know who that plebbit poster is, right?

>> No.11953810

>>11953533
>Imagine the fucking overhead required to basically owning and managing your own stable of oracles such that all actors in your network are "trusted."
You don't need a stable of oracles if you trust your own nodes. You just need like one. And that's what kaleido's let's you make and charges you for hourly- your own chainlink node.

>> No.11953814

>>11953792

That's Thomas who works for Chainlink you dummy

>> No.11953815
File: 3.99 MB, 459x258, 1540323877010.gif [View same] [iqdb] [saucenao] [google]
11953815

>>11953238
date vape?
lolocaust?

LINK is the new DOGE

>> No.11953824

>>11953561
Swift communicating with other Banks would be using public chains and not permissioned chains right?

>> No.11953835
File: 2.71 MB, 320x272, 1411155774437.gif [View same] [iqdb] [saucenao] [google]
11953835

>>11953792

lmfao hahahahahahahaha

>> No.11953847

>>11953824

No, they will be using a private network. They will not use the LINK token.

>> No.11953866

>>11953824
Why the fuck would they use public chains to conduct their business. You all fell for the decentralization meme, socialist idiots.

>> No.11953885

>>11953847
Most likely.
If link reaches 1000 like it was prophesized, the overhead cost of buying into a trustless oracle network is going to be pretty damn expensive.

That's why link will never reach 1000 fucking deluded stinkers

>> No.11953890

this isnt gonna happen only with chainlink. every single shitcoin on coinmarketcap is useless. blockchain is here to stay but mass adoption will happen in PERMISSIONED BLOCKCHAINS and not in these fucking chaotic illegal shitcoin shitshow. there wont be shitcoins at all.
if you really think you will get rich off holding shitcoins you are in for a RUDE awakening soon

>> No.11953904

>>11953890
No you dumbass fudder

Token will still be used for high value contracts as collatoral

>> No.11953906

Btw, these people laughing about swift using eth are the same ones shilling ripple

>> No.11953908

>>11953885

Yes, it's over, we all know there is a shadowfork chainlink account which dumps supply tokens everytime the price goes away from 0.5usd until it reaches balance, it will NEVER get to above 1 usd

>> No.11953909

>>11952618
Wait, does these mean the shadowfork is real?

>> No.11953915

>>11953904
Why do that when they could just use a private oracle network? You really think SWIFT will sent money through some fucking public chainlink network?? LOL!!!

>> No.11953924

>>11953810

What does the node do or provide? Is it an oracle itself or is requesting/verifying data from an oracle?

>> No.11953930 [DELETED] 

>>11953906
t. Pajeet

>> No.11953931

>>11953792

this post is some next level fud

>> No.11953942

>>11953866
decentralization is not the end goal retard it is the means to an end

>> No.11953947

>>11953915
Yes they can use a private chainlink node and not have to buy our neet public tokens. But that's because both parties know each other and have set up contracts and shit beforehand. The extra security and guarentee of using a public chainlink network just becomes redundant. However, that doesn't mean they won't use public chain for high value contracts that require collateral to be put on the line EVEN if both parties know each other.

>> No.11953958

>>11953909
it means what anyone with a 3 digit iq already knew long ago. permissioned blockchains like hyperledger, where no unnecessary shitcoins are spent to use the services, are the one who will be used by institutions. plebs, like you and me, stay in public blockchain playing with their ponzi games and their shitcoins. you really thought (((they))) would let their slaves get away that easily? lol

>> No.11953976

>>11952618

So your saying Chainlink has cornered the oracles market and that public blockchains and private blockchains will ALL use Chainlink.

Bahahahahahaha you had a year to accumulate!

>> No.11953977

>>11952628
Very based and extremely red pilled.

>> No.11953979

Discord is good for technical analysis and sharing trading ideas. Retail investors are not shit. The only market movers are banks. Also you fags dony realize that LINK Fud is irrelevant. Only price action matters. Link had an excellent run and like all markets, pulls back. All crypto is shit and going to zero. 90% of all crypto buyers are only here to speculate. Not actually use this shit. I hope you fags lose all your money. Go back to plebit and stop linking threads.

>> No.11953991

Seriously tho, fuck all those posters who said shit like "chainlink is a b2b token" "we don't need fomo from Reddit"

Seriously fuck all those guys

>> No.11953998

>>11953942
It’s the meabs to an end for socialist fags and cringe lolbertarians

>> No.11954004

>>11952618
This is like saying.

Chainlink will handle a percentage of the trillion dollar smartcontracts going through public blockchains using the LINK token. But private blockchains will also have the privilege of using chainlink without LINK tokens. Both were already known

Whats the problem here?

>> No.11954010

>>11953976
More like the link token won’t be used for anything serious ever

>> No.11954013

>>11954004

The fact that it is confirmed that private blockchains will use Chainlink is just an added bonus, brainlets.

>> No.11954017

>>11953792
that is a post made by a chainlink employee. you people are delusional beyond saving

>> No.11954026

>>11954010
this

all the big/serious projects will be in private networks

>> No.11954040

guys...i dont feel so good...this is worse than btc dump

>> No.11954041

>>11954010
You still don't get it. Anything added to the public blockchain usage is a bonus.

High value contracts will move through decentralized public chains. The more value the smartcontract the more need for collateralize system. Its about protection you dumbshit.

>> No.11954052

>>11953998
why are you on this board if you think blockchain and smart contracts have no value?

>> No.11954053

>>11954041
>the decentralization meme continues

>> No.11954056

>>11953976
damn i cant wait to get rich off the traffic of those 2000 neckbeards that play games like cryptokitties! maybe ill get rich off the other 500 NEETs playing illegal dice games!

you realise that any serious contract/project with actual high volumes of money being moved is gonna be on a permissioned blockchain right?

>> No.11954061

>>11954041
>protection
>decentralized condoms are the future!!!!

>> No.11954067

>>11954052
>blockchains and smart contracts can only have value if they work with muh decentralization meme

>> No.11954081

>>11954026
Why do you say that? Any contract between parties with conflicting interests (so, the majority of transfers of value that occur today) can't use private chainlink nodes because one or the other party will not be able to trust them. All these contracts need to happen on a public system.

Permissioned ledgers are like the intranet, Public ledgers are like the internet. They're both useful, but intranets aren't a trillion-dollar technology because they don't connect billions of people around the globe. The internet does. The same will be the case for public ledgers.

>> No.11954087

>>11952618
Another swingtrading Fudder, hope you lose your entire stack someday soon.

>> No.11954101

>>11954056

theres just too many poor fags on here that don't know what they are talking about.

Security and insurance does not come through permissioned blockchain. the higher the value contract the more security and insurance they will request. You can only get that through LINK.

>> No.11954109

>>11954067
Well yeah, faggot, because on the permissioned chains they wouldnt be monetized. This is literally what you and your discord buddies have been saying this entire thread, now you're saying otherwise, make your mind up you massive wanker

>> No.11954118

>>11952618
Discord is a loser containment system for all of you unplanned accidents. Mass suicides imminent. What went wrong? Idk, many factors: end of nuclear family, end of social values, etc. All you guys were your roastie mom's "little tiger" and "kiddo" - the perfect fashion accessory to show off to her circle. Then you hit puberty and became nothing more than a nuisance. Being alone with no friends and a half a family that resents your creation you come to anonymous image boards and shitpost - because why should anyone have hope when you have none? Amirite? At least that carefully crafted avatar you spent hours on in Xbox Live config and that clever namefag gets you points with all of the other bastard children on that gay version of a blackscreen plebbit with avatars. At least for now.

>> No.11954124

>>11954067
executing a contract between 2 parties without a 3rd party mediator literally requires decentralization otherwise its just one parties word against the other. if thats the case there zero reason to use blockchain you might as well use a google spreadsheet.

>> No.11954127
File: 83 KB, 900x900, flat900x900070f.u1.jpg [View same] [iqdb] [saucenao] [google]
11954127

>>11954087
>posts screencap of chainlink employee saying "tokens are useless on private blockchains"
>FUD FUD FUD FUD FUD FUD EVERYTHING IS FUD 1000 EOY EHEHEHEEHHEEHEHEHEHEHEHEHEHEHEEHEHEHE

>> No.11954129

>>11954101

so what? doesn't mean SWIFT etc will actually use it.

>> No.11954133 [DELETED] 

>>11952810
>can't stake tokens on a permissioned blockchain
Yes you can faggot. The entire Chainlink network operates via Etherrum smart contracts. Every API call through it requires an Ethereum transaction, it's just the data that goes through the call that isn't written to the blockchain. External adapters transfer data from APIs to a permissioned blockchain, but staking is still possible because of this.

>> No.11954142

>>11954101
But imagine the price of link if all the big boys didn't use private chains and all used public chains
Literally 100,000 USD per token.

Now it will be just a measly 50 USD per token maybe 100 if we lucky

>> No.11954176

>>11954101
holy fuck this meme has to STOP
decentralization is seen as security because the premise is that the node operators are RANDOM FUCKING NAMELESS PEOPLE.
on permissioned blockchains, the node operators will be THE TRADITIONAL DATA PROVIDERS. THE SAME ENTITY THAT IS THE OWNER OF THE DATA OFF CHAIN. therefore decentralization IS NOT NEEDED.
FUCKING COPE

>> No.11954178

>>11954124
“Decentralization” only requires one mediator, brainlet. They don’t need or want your decentraland utopia where every loser neet is running a node for global institutions and getting rich sitting in his mom’s basement. And yes that’s precisely why blockchain has yet to see major adoption. Because it’s not good enough yet.

>> No.11954183

>>11952618

>*take massive whiff*
> OP (You) smells like a desperate brainlet

It's not too late OP, swallow your fucking pride, admit you were wrong in the past for buying ETH at ATH and not buying LINK at ATL, LINK is still rock bottom compared to what it will be.

At some point you have to question your own behaviour and line of thinking, swallow your pride, find the lesson, learn from it and move on.

Most people have no idea what they're holding when it comes to LINK, I can assure you they'll let go too soon, just be ready to pick up their stack on the cheap

>> No.11954212

>>11954142

that's still $3.5-$7 million in the worst case scenario for me lmao

>> No.11954215

>>11954109
So what you really mean is “Wahh I cant get paid if they don’t use my shittoken on a public chain, therefore blockchain and smart contracts are useless”. Put your dummy back in faggot.

>> No.11954230

>>11954176
RHEEEEEEEEEEEEEEEEEEEEEEEES
IM ABOUT TO DUMP MY LUNCH MONI LINKIES RIGHT THE FUCK NOW
SERGI FUCKED US

>> No.11954279

>>11954215
You said value, not use. Nice attempt at spinning your retardedness onto me but it ain't gonna work. Say hello to maddoggo for me and call him a faggot

>> No.11954314

>>11954279
Same logic applies you brainlet cultist. Go fucking have a cry you big baby.

>> No.11954327

>>11954176

Your a full blown idiot. Clearly you don't have a clue on security and insurance when dealing with financial products. Are you really that much of an idiot that you think a permissioned blockchain is different then what they are using now?

The reason public chains + decentralized oracles will be used is for enhanced security and insurance for high value contracts.

I repeat, if you are a victim of fraud a permission blockchain is not liable. get it?

Its so simple but dumbshits keep missing the point.

>> No.11954335
File: 4 KB, 160x314, 1540386519126.jpg [View same] [iqdb] [saucenao] [google]
11954335

This is some of the strongest FUD I've seen.

Guys? Can anyone disprove it? I'm sweating

>> No.11954342

>>11953533
Based and checked 33 degree mason. You need a little vision to get what's coming. This permissioned chain stuff is a mere bridge and ultimately you will companies start experimenting with public chains and eventually adopt them as scalability and confidentiality is solved, both with chainlink is focused on. Public chains are just a better technology and will be alot cheaper as whole departments can be done away with and all the money spent on disputes, reconciling accounts, dealing with regulators. All that can be in one spot with privacy still in tact. Companies who don't adopt will lose out. We are just in the early stages and all you moon bois are going to panic sell your golden tickets. Please sell, you don't deserve it.

>> No.11954353

>>11954178
dumbshit. Its about collateral value insured for a contract. You can only get that through Decentralized oracles.

>> No.11954364

>>11954178
it actually requires no mediator. thats the whole fucking point you braindead faggot. if you and I bet $1,000 on some event occuring we have 2 options:
1) hire a 3rd party that neither of us knows (a bookie) to decide who won and transfer the money to the winner. in this case we can use a private chain or a database or a spreadsheet since we have a mediator.
2) place our bets on a public immutable blockchain and use chainlink to decide the winner based on whatever data inputs we agreed on. no mediator required.

>> No.11954368

To put simply,

Some people will use AOL others will want to use Google.

Guess which one is permissioned and the other public.

>> No.11954379

>>11954314
No it doesn't you mong. Ad free YouTube videos are useful but have no value, kys nigger

>> No.11954384

>>11954364
This anon knows his shit.

>> No.11954404
File: 15 KB, 210x260, 1525797789862.png [View same] [iqdb] [saucenao] [google]
11954404

Tokens as collateral is in the white paper? Isn't this like adding the internet is completely useless and with no value because a company isn't paying an ISP for an internal intranet. Are people seriously this retarded? Data doesn't come from a public sector? Brainlet tier fud hiding behind jargon.

>> No.11954414
File: 83 KB, 1000x1000, 1518555638635.png [View same] [iqdb] [saucenao] [google]
11954414

>>11954327
how long until pic related is using chainlink

>> No.11954420

>>11954364
Any company worth more than your mother’s crusty knickers on a Sunday morning will choose option 1 you limp wristed socialist faggot. Companies work with other companies they know and trust already. They don’t want to pay you for your shitty 10k LINK node while you eat Cheetos and watch cuck porn all day.

>> No.11954445

>>11954353
Just shutup newfag. You literally have no idea what you’re talking about.

>> No.11954461

>>11954335
No, all they can try and do is force shill their vision of a socialist decentralization utopia on you.

>> No.11954487
File: 207 KB, 1200x600, paul-krugman-internet-fax-machine-QUOTE.jpg [View same] [iqdb] [saucenao] [google]
11954487

>>11954420
Enjoy being a poor faggot with no vision to see into the future of technology. You're just like Paul Krugman in his Internet analysis or everyone that said SaaS companies would never be adopted because companies want to control everything themselves. No vision

>> No.11954495

>>11954364
The mediator is the contract itself brainlet. You can agree on data inputs on a private chain, there's no need for it to take place on a public chain.

>> No.11954496
File: 534 KB, 250x250, tenor (1).gif [View same] [iqdb] [saucenao] [google]
11954496

>>11954445
>STOP BTFOING ME IN FRONT OF MADDOGGO

>> No.11954575

Some of you literally have no imagination. The fact that Chainlink will be pretty much ubiquitous on private chains is the most bullish thing you could possibly hear, but no. You shit on it because you don't understand the implications. There is already extremely valuable information on the public chain (talking Ethereum here obviously) which private chains can benefit from massively. What does this valuable data enable? What does this data plus being able to do off-chain compute and API queries enable you to do? What token must be used to fulfill these requests to and from the public blockchain? What happens over time? How much more "valuable data" will be stored on the public blockchain over time as adoption (the most important factor in all of this) occurs? What is exponential growth?

>> No.11954624

>>11954420

>Companies work with other companies they know and trust already.

wew

>> No.11954629

>>11954420
>Companies work with other companies they know and trust already
way to out yourself as neet that has no idea how business works. besides being faster, more efficient, and more scalable, option 2 will save companies billions of dollars. Docusign + public blockchain + chainlink = a secure trustless self-executing contract that can automate your fucking legal department.

>> No.11954682
File: 65 KB, 676x581, 1542351449979.jpg [View same] [iqdb] [saucenao] [google]
11954682

>>11952618
Shit FUD
It may work on those that can't look past
>muh swift
but the use of public blockchains will greatly outweigh any private permissioned chains.
An entity like Swift should have a private permissioned blockchain. If their goal is to simply migrate to blockchain tech, they will essentially be adding it as a layer on top of their existing infrastructure. The obvious benefit being little to no change in operating costs for their clients, along with limited, if any, downtime dealing with the integration. They want to be able to maintain their standard without re-inventing the wheel, and banks sure as fuck don't want to experiment. They gladly pay for what works. Besides, what the fuck financial institution would want/trust a public ledger for their transactions? Think about all the literal sweep under the rug shit that goes down with banks. They NEED to be privatized. If all banks ledgers were public, even if completely immutable, there would be blood in the streets.

On the converse, in terms of contractual agreements and claims, a public ledger is the only way to go. Both parties need it public in order to establish trust, because the private aspect is precisely how trouble arises. Couple a public immutable ledger with decentralization and a choice of data providers/oracles for you to leverage the value of your contract, and you have established all you need in order to successfully maintain terms.

>> No.11954691

>>11954629
How is a public blockchain necessarily faster, more efficient or more scalable than a private one? Ethereum crashed when a few manchildren tried to trade shitkitties on it you idealist cringe lord

>> No.11954694

>>11954495
And what happens if there is collusion or a bad actor in play. then what?

>> No.11954713

>>11954694
The same as would happen on a public blockchain?

>> No.11954734

>>11954495
we can use any chain private or public as long as its immutable but then I still have to trust you, a nigger faggot who I don't know that has money on the line, to be the oracle and not fuck with the input data. no chance nigger.

>> No.11954746 [DELETED] 

>>11954691
>How is a public blockchain necessarily faster, more efficient or more scalable than a private one?
That isn't the point. The point of it being public is the no bullshit aspect, and that those propagating the network all have a copy of it. It is akin to torrenting, minus the fuckery that can go on with sharing a torrent.

>> No.11954755

>>11954691

>18 posts by this ID

Press S to spit on desperate swing trader

S.

>> No.11954794

>>11954691

>How is a public blockchain necessarily faster, more efficient or more scalable than a private one?

it's not, but offchain computation will more than make up for this. what public blockchain offers, that private cannot, is that it eliminates the need to trust other parties. this is the real value and why public will win out.

>> No.11954810
File: 94 KB, 1422x300, Screen Shot 2018-11-29 at 7.58.10 PM.png [View same] [iqdb] [saucenao] [google]
11954810

>>11954575
Also, proof that I'm right in pic related.

>> No.11954818

>>11954691
ethereum is only one of many options and the speed of the blockchain isn't that critical as long as it is immutable/neither of us can tamper with it. if I have to wait 20 minutes to get my insurance payment who cares. hyperledger is also immutable if set up properly.

>> No.11954865

>>11954713
private or public blockchain doesn't matter as long as its immutable. he's talking about collusion between you and the oracle you dumb bitch. you can't collude with a decentralized oracle.

>> No.11954880

>>11954755
S

>> No.11954902

>>11954810
thank you. I've been trying to explain why private hyperledger chains can still use the public chainlink network for data input but these fucking cucks absolutely cannot grasp that a blockchain and a middleware oracle network are 2 completely different and interchangeable things.

>> No.11954904

>>11954865
>you can't collude with a decentralized oracle
You know if the Swift oracle has more than 2 nodes running it it's decentralized, right? They don't need the public chainlink network for anything. that's why literally no one is testing on it and why all the chainlink "partnerships" are with literal who shitcoins.

>> No.11954917

>>11954755
S

>> No.11954918
File: 102 KB, 746x500, 1522064423919.jpg [View same] [iqdb] [saucenao] [google]
11954918

>>11954902
>can
>if they wanted to
>hehe surely they'll someday want to
>r-right?

>> No.11954923

>>11953625
Underrated

>> No.11954925

>>11954755
>0.34
>revolutionary tech

>> No.11954929

>>11954918
>18 posts by this ID, all as abhorrent as each other
Press S to spit on desperate swing trader
S.

>> No.11954933

>>11954794
>muh decentralization
Say something new you socialist pleb

>> No.11954941

>>11954918
Does someone pay you to be retarded or did your mom not get the job done right with the coat hangar?

>> No.11954945

>>11954818
>20 minute waits
>revolutionary tech
The link delusion continues.

>> No.11954947

>>11954933
>Say something new
I was fisting your mum the other day and I swear somebody shook my hand

>> No.11954948

>>11954902
why won't companies just use and trust Microsoft azure?

>> No.11954953

>>11954929
>all as abhorrent
You take a lot of dick, don’t you.

>> No.11954958

>>11954941
Laffing at this is going to make ah me late ah for my spin class.
>ha
>ha
>ha

>> No.11954965

>>11954904
I agree swift banks won't need the public chainlink network to transact amongst themselves as long as they trust the swift oracle. many other types of transactions will though.

>> No.11954966

>>11954953
Yes son

>> No.11954996
File: 39 KB, 381x353, 894C7964-B62A-4CAB-8DCD-7BD2D69CF1C0.jpg [View same] [iqdb] [saucenao] [google]
11954996

>>11954947
>>11954966
Kek. So much salt. Being a link bagholder must be a truly miserable existence.

>> No.11955013
File: 46 KB, 500x500, artworks-000195096784-5l7hcp-t500x500.jpg [View same] [iqdb] [saucenao] [google]
11955013

>>11954996
Its not my fault your mum's a slag

>> No.11955015
File: 3.01 MB, 350x193, 1527370846089.gif [View same] [iqdb] [saucenao] [google]
11955015

>>11954918

>> No.11955034
File: 80 KB, 813x551, 3BD7C9EE-0D9C-4437-9E01-C7F97E9BD3C5.jpg [View same] [iqdb] [saucenao] [google]
11955034

>>11955013
>y-yuhmum!

>> No.11955040

>>11955015
holy shit you really are a retard! you're responding to your own post! now this is epic.

>> No.11955046
File: 224 KB, 645x773, 1521428949703.jpg [View same] [iqdb] [saucenao] [google]
11955046

here we go

>> No.11955050

>>11952618
POWR bagholder here.

It's become clear that all the the resource coins offered last year were essentially crowdfunded venture capital raising. No doubt the Chainlink guys are doing some great tech, just like Power Ledger team is. But us bagholders wont see any of that.

Fuck me when I consolidated my POWR position, it was worth $1000, now it's worth $80.

>> No.11955061
File: 96 KB, 500x492, 1543513903824.jpg [View same] [iqdb] [saucenao] [google]
11955061

>>11955040
Yes and? I literally just read over it again and had a hearty kek

>> No.11955078
File: 705 KB, 996x868, 1534311739555.png [View same] [iqdb] [saucenao] [google]
11955078

>>11954941
SEETHING

>> No.11955118

we's pumping boys

>> No.11955169

>>11955118
Next stop, 9000 sats. Get your Vegeta memes ready

>> No.11955201

>>11955050
Protip: don't buy anything linked to Australians

>> No.11955358
File: 378 KB, 1200x1600, 1486716353185.jpg [View same] [iqdb] [saucenao] [google]
11955358

here we go

there is literally nothing wrong with swing trading some of your links. this is the perfect time to be doing so and increasing your stack

>> No.11955374

>>11955358
AGREED. Sell RIGHT NOW and buy back in at ~8200. Easy.

>> No.11955390

>>11952699

this

>> No.11955406

>>11952618
OMG it is dumping upwards.

>> No.11955469

>>11952618
What is the point of permissioned blockchains? couldn't you just use like, a database?

>> No.11955527

>>11955050
POWR was obviously a useless crowdfunding token from the beginning. There was never any incentive to hold it. Not sure what this has to do with LINK which has great tokenomics.

>> No.11955538
File: 70 KB, 630x630, 1543077122480.jpg [View same] [iqdb] [saucenao] [google]
11955538

fud so strong its going upwards

>> No.11955552
File: 56 KB, 1157x653, link.jpg [View same] [iqdb] [saucenao] [google]
11955552

>>11955169

>> No.11955605

>>11955469
Use cases are extremely limited. Intranet vs internet. But you can set up a hyperledger fabric that is immutable: https://stackoverflow.com/questions/48611238/immutability-in-hyperledger-fabric

>> No.11955626

>>11955605
That's nice and all but I still don't get the point. The point of blockchain is to have trustless, decentralized ledger. If you have only a trusted, centralized ledger, well, you have a database. I just don't get it, are these companies brainlets just trying to ride the hype?

>> No.11955637

fuck bros...this fud is inarguable..its over..

>> No.11955640

Swinglinkers GET FUCKED

>> No.11955717

>>11952618
>his source is a reddit post
You know what. I think I'm finally done with this rotting board. I'll see you all again in a few years.

>> No.11955741
File: 124 KB, 1200x943, 1517746200520.jpg [View same] [iqdb] [saucenao] [google]
11955741

>>11955717
>he doesnt know

>> No.11955742

>>11955640

THIS. IS. WHAT. IT. LOOKS. LIKE.
THIS IS A MOON MISSION

>> No.11956632

>>11955527
Not if you don't need the tokens to use the platform it doesn't.

>> No.11956769

>>11952628
FPBP and OP eternally BTFO

>> No.11956913
File: 182 KB, 1102x337, 1517057827077.png [View same] [iqdb] [saucenao] [google]
11956913

Mandatory posting.

>> No.11957097

>>11952628

>imagine being so butthurt about not having money or friends that you mock others for using the main medium of internet community communication.

if you had anything worth saying, you would realize that not reading or using any one site on the internet holds you back from potentially valid information.

>> No.11957103

>>11954013
>>11954004

OP's pic sounds like it would be a good thing. why is it being shown negatively?

>> No.11957107

Suicidal thoughts are back again

>> No.11957855

>>11952628
Perfect 10 m8

>> No.11957940

Hold the fuck up
People can just use private chainlink and not use our LINK? Why the fuck is this allowed?

>> No.11957954

>>11957940
people can also use a private ethereum chain (fork) and not use ETH as gas

>> No.11957956

>>11953007
>Chainlink replaces that "trust filler" at a lower price.

ChainChink is vaporware. Can't imagine there are so many deluded bagholders still thinking otherwise. Well it's not that big of a surprise knowing the fact that thousands of /biz/tards pooled their money in to buy in the ICO and are now left holding the bags and desperately shilling.

>> No.11957971

>>11957954
Why am I just now learning about this? Why was this held a secret for so long?

>> No.11957973
File: 276 KB, 632x395, 1543530728069.jpg [View same] [iqdb] [saucenao] [google]
11957973

https://www.youtube.com/watch?v=ovWO3iqXFww&feature=youtu.be

>> No.11957988

>>11957971
He just showed you why this was never a secret.

Since the early days, you could just fork bitcoin on your own. You, sitting at home at your computer. Same with ETH.
And tons of people have done exactly that, from unknown individuals to major companies.

The thing with decentralization though is that bigger is almost always better.

>> No.11957995

There will always be permissioned, private shit, even in crypto. Not everyone trusts actual decentralization (yet).
But when even the permissioned, private shit is turning to Chainlink, that speaks volumes.

Chainlink is cornering the oracle market in every way possible.
Decentralized AND centralized; permissioned AND permissionless; public AND enclaved, ...

>> No.11958096

>>11953131
this sums up this stupid fud. you can't have both. either link is really good tech or shit. if big companies want to use it in their intranet, the answer is easy.

>> No.11958126
File: 140 KB, 863x633, Uten navn 2.png [View same] [iqdb] [saucenao] [google]
11958126

Thomas answered the fud here

>> No.11958130

We all know that the only true winner is Sergey

>> No.11958155
File: 139 KB, 500x622, 1537623674417.png [View same] [iqdb] [saucenao] [google]
11958155

chainlink is fucking dead man.our only way of escaping wage slavery is gone

>> No.11958207

>>11958126
This shows that the post by Jonny from linkpool is indeed misleading: just because Chainlink is being used on a private chain doesn't mean it can't be a regular public node.

>> No.11958237

>>11958207
Jonny was talking about kaleido specifically, as we all were in that thread till some morons turned it into generic fud

>> No.11958247

>>11958237
He made a clear causal connection though: "won't use regular Link tokens SINCE it's on a private chain".

He probably didn't mean it that way, but even non-fudders understood it like that.

>> No.11958307

>>11958155
you are a MANIAC

>> No.11958319

>>11958207

It could be a public node, though. Why would a company want to be holding all the tokens and operating its own nodes? That defeats the purpose of trustless security

>> No.11958333

>>11958319
>It could be a public node, though
That's what I said.

>> No.11958533

>>11952833
b-BIG MAC

>> No.11958635

>>11953792
Wow this post didn’t age well

>> No.11958641
File: 278 KB, 419x435, sergs.png [View same] [iqdb] [saucenao] [google]
11958641

>>11952728
how is it fud? explain with 1 sentence

>> No.11958987

I hope Hilary takes every single one of you fuckers Link and kills you all.

This fucking thread is so toxic and full of stupid bullshit for no reason. Fuck all of you

>> No.11959174

You people forget this was known for the past 6 months at least. It's actually bullish.

>> No.11959497

>>11957940
It's open source - anyone can fork it. The thing is, if I'm betting on tomorrow's weather with you, I want to make sure I'm not getting scammed on the outcome. The only way I'm making the bet is if the oracle is decentralized.

>> No.11960571

>>11953308
where is the fourth ? OwO

>> No.11960622

>>11959497
Yup. It’s like saying btc has no value because you can make your own btc on a private chain. It’s brainlet fud from 2016.

>> No.11960656

>>11960571
One of them is a double roastie

>> No.11960806

>>11954420
Imagine being this retarded

>> No.11960859

>>11958641

we have seen things we have never seen before

>> No.11961061
File: 54 KB, 774x384, 00 jonny.png [View same] [iqdb] [saucenao] [google]
11961061

>> No.11961106

>>11961061
FUDers BTFO

>> No.11961119

>>11952618
NOT LIKE THIS
NOT LIKE THIS
NOT LIKE THIS

>> No.11961291

>>11961061

That's Jonny Huxtable from LinkPool btw

>> No.11961650

>>11954081
Thank you.

>> No.11961704
File: 904 KB, 1902x1059, chainlink eva lance.jpg [View same] [iqdb] [saucenao] [google]
11961704

>>11961061
Was going to post something similar, the whole fucking point of chainlink is the decentralization, if you don't need that then just fucking use any other oracle

FUDers are either trolls or dipshits who fundamentally don't understand chainlink and will this miss out on our moon mission

>> No.11961764
File: 56 KB, 1174x321, swift smart oracle.png [View same] [iqdb] [saucenao] [google]
11961764

>>11961704
>then just fucking use any other oracle
Heh, thanks for the "tech", kid.
t. Swift

>> No.11961844

>>11961704
>if you don't need that then just fucking use any other oracle
Right, but instead of doing that, they're also using Chainlink.

This is huge.
Even semi-centralized oracle users are turning to Chainlink.

>> No.11961897

>>11961061
/thread

>> No.11962402

>>11953033
lol!!

>> No.11962542

>>11961061
BULLISH AS IT MOTHERFUCKING CAN BE. I'M EVEN MORE EXCITED ABOUT THIS THAN I PREVIOUSLY WAS. $7777 EOY

>> No.11962622
File: 75 KB, 701x706, chaotic neutral.jpg [View same] [iqdb] [saucenao] [google]
11962622

What's his fucking problem? Doesn't say a word about the token for a whole fucking year then suddenly says its basically worthless out of nowhere. What a jerk.

>> No.11962652

Seriously, this has been one of the cheapest fud in the last year. Doesnt deserve the 288 replies.

>> No.11962676

>>11961764
This utilizes the ChainLink network right?

>> No.11962692

>>11962676
Nope.

>> No.11962725

>>11953724
what are you even talking about? The link team is all legit are you seriously fudding with lies?

>> No.11962729

>>11962692
>he's still here
Jesus Christ you discord faggots are dedicated, I'll give you that

>> No.11962776

>>11952618
>>11952618
It's Segerys goal to get adoption not to increase the price of the token. It's simple, why else he will use 35% of the supply to incentivy the network.
Moreover adoption will take years and years with unknown result for chainlink whatsoever.

>> No.11962826

anyone have chainlink discord invite for me?

>> No.11962832

> a chainlink fact that's been know for months and confirmed with kaleido announcement
> 300+ replies of COPE

and this thread doesn't even mention Sergey's personal stack.

>> No.11962940

>>11962692
Think this is just the smart bond PoC they did a while back.

>> No.11963173

>>11961704
> then just fucking use any other oracle
why would you bother coding your own or paying for oraclize when the Chainlink team will deiver everything to you on a golden plate, so that you can set up your own quasi-decentralized but immutable and reliable network?
decentralization is a spectrum and companies like to be in control.

if the world was a simple as
>heh why use blockchain if it's not decentralized
we wouldn't have all those private eth forks/permissioned chains.
just because not using neet nodes doesn't fit your narrative doesn't mean it's any less true. We all want to get rich but no need to get angry, you aren't invested in the chainlink protocol but in the link token itself, that's a big difference and many things can go to shit on the way

>> No.11963185

Just sold my stack with a 24% loss.

>> No.11963234

>>11963173
I wonder if ChainLink could be cheaper than traditional Oracle solutions due to lack of overhead otherwise required by centralized oracles to sustain their business, and less pricing up to maximise profit margins for the company.

Or if ChainLinks gonna be more expensive to utilize because blockchain

>> No.11963248

Thanks just bought 100k

>> No.11963478

>>11962826
go look up linktrader on reddit side panel

>> No.11963959

>>11963234
see this anon:
>>11953592

>> No.11963973

>>11963234
that question is raised way to little. No one thinks about the business side, only muh demand, muh disruption etc.

>> No.11964033

This fud is PROOF that chainlink price hasa HARD ceiling. If token price reaches 1000, the cost to buy the oracle service and using their decentraclized network would OFFSET the cost savings you would get by removing the middle man. Big companies literally have no incentive to switching to public ledgers if they can get all the efficiencies of using smart contracts and pay literally nothing by using a chainlink shadowforked.

They MIGHT see some incentive if the price of chainlink was kept low at around 1-5 USD though.

You can't refute me disgusting stinkies

>> No.11964065

>>11964033
Lol retard, the token has 18 dezimals. It will be valued similar to satoshis. Brainlet leave this board.

>> No.11964102

>>11964033
18 decimals. refuted. flush yourself.

>> No.11964291

>>11964065
>>11964102
Will we call them Sergeys?

>> No.11964825

>>11953534
>Guess what, they don’t give a flying fuck about “decentralization”
Lmao yes they do you single celled organism

>> No.11964868

>>11954575
Private chains won't utilize link tokens though

>> No.11965267

>>11964291
The accepted term is Sergoshi

>> No.11965277

>>11953805
of course anon, I'm Thomas and I posted it.