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/biz/ - Business & Finance

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13484647 No.13484647 [Reply] [Original]

Please give me usecases. Tell me how big the market is. How often people would use it. How much they'd be willing to pay for the service. And what effect it would have on the marketcap.

>> No.13484655

>>13484647
What’s chanlink?

>> No.13484659

>>13484647
Imagine being spoonfed for literal fucking months and then asking some stupid shit like this

>> No.13484665
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13484665

>>13484647
there are none it was all a meme and now I'm financially ruined

>> No.13484664

>>13484655
It's /biz/ now basically

>> No.13484678

>>13484664
Never heard of it.

>> No.13484683

>>13484647
Just shut up and buy or be poor forever.

>> No.13484692

They going into the coffee business

>> No.13484717

>>13484647
every single fucking market you bozo

>> No.13484729

>>13484647
The market doesnt exist yet, thats why its only $0.47. How much people are willing to pay is kind of irrelevant, you can have tiny fractions of LINK as payment. It all depends on how big decentralized oracles, and smart contracts get. If they become even half as important as I think they will be, LINK will 10x your investment.

>> No.13484736

>>13484647
No usecases, non existent market, never used. People will pay nothing for it, obviously. The market cap can only diminish.

>> No.13484757
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13484757

>>13484678
Reacted lol

>> No.13484781

>>13484647
it is t supposed to make anyone better off. its to link everyone to an inescapable "blockchain" which means a boot stamping on a human face. forever.

>> No.13484806

Vitalik was right all along. Stink chain going into the negatives.

>> No.13484853

>>13484647
I will answer your question so a brainlet can understand.
>Please give me usecases.
Chainlink makes you money by monetizing data onto smartcontracts. You act as an oracle with data you buy from API's that you then monetize to someone who wants to use it in a smart contract. It can range from Finacial data, insurance, weather or sport API. The list goes on.
>How often people would use it.
anytime a smart contract creator/developer needs data that exists off-chain
> How much they'd be willing to pay for the service.
probably 2-5 cents per request although its unknown at this point because the free market has not had the opportunity to sort it out.
>And what effect it would have on the marketcap.
retarded question

>> No.13485208

>>13484853
At least you're trying to explain it. But if these are such stupid questions, then there are better answers than "you is a retarded".

I don't know if tracking weather or sports scores or flight schedules haven't been solved. I believe prediction markets like augur and gnosis have provided a proof of concept. Truthfully, it's not all that compelling.

>> No.13485377

>>13484729
When LINK 10x? I'm positive btc will go 100x. Might as well get btc.

>> No.13485397

>650 million unaccounted tokens
Kek

>> No.13485402

>>13485397
Oh they're accounted for
They're in the Sergers back pocket

>> No.13485417
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13485417

>>13484647
This anon I'll tell you this seriously. I've spoken with the team but I'm not an insider and I asked them the same questions and they told me their software is modular and can be upgraded at will and a whole bunch of other stuff but at no point did they tell me one concrete use case. I pressed the issue and they gave me a weird look and told me to check the pivotal and walked away in a huff.

>> No.13486265

>>13484647

feel free to enlighten yourself, fren

http://bizpill.online/LinkPill.html