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/biz/ - Business & Finance


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13986931 No.13986931 [Reply] [Original]

>I cant believe I still come here
>OK
>ETHCC will have Link be the designated oracle for polkadot
>In April the first uses of what you call mainnet will be live; this is because some projects which absolutely need on chain crypto and real world asset >prices are confident enough to use essentially centralized feeds over chainlink given that those feeds will be from trusted data providers (lookup the nodary service from chainlink consulting group)
>Those will be the nodes most in demand before payment APIs are integrated; once those are up and running smoothly linkpool will let all the neets to get ready with their neet nodes
>Hence the may-aug window for "real" mainnet
>But the cherry on top won't come until the end of 2019: remember how this all started. The reason anyone cares about chainlink is SWIFT, full stop.

>Why did the most powerful banking collective bankroll sergey and back link? Because they're so nice? I know you all are fucking retarded and won't get it so here it is: SWIFT is how establishment banks comply with PSD2 and, instead of getting their lunch eaten, make MORE money.

>Oh, you're an ambitious startup that needs access to our customers balances? we've mad our data fully available through the industry-standard, trusted, decentralized Chainlink network, you're free to access them there at any time. And just in time to meet the regulations of PSD2.

>What's that? You're upset that each access costs more than you have allocated for such transactions and now you can't compete? Well that's just a shame. I mean we did have LINK available for over a year at less than a dollar. Why didn't you buy then? And you're mad that we hold 30% of the supply? Why wouldn't we? Look at what a fine investment it has been, friend.

>Screencap or pasta this or whatever. You're all too fucking dumb to even understand what is above. I hope the next generation of lonely introverts feeling pol/b/fit are smarter than you idiots.

https://yuki.la/biz/12912320

>> No.13986959

bollocks.

>> No.13986982

>>13986931
well he said he was just like us and made it, he learned how and hes smarter now, id do the same thing once in a while. just come back to the place you used to call home and shoot the shit for a little bit

>> No.13987002
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13987002

>> No.13987012

>>13986931
Except none of this has been vindicated yet. Literally a larp until proven otherwise.

>> No.13987035

>>13987002
I would like to solve the puzzle, Alex

>> No.13987312
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13987312

>>13987012
psd2 goes live september 14th
but we already knew that before OP in archived thread

>> No.13987327

>>13987012
how the fuck it hasn't been vindicated?
the polkadot thing is true
the linkpool listing service to allow neet nodes is true
the nodary service is exactly what link is implementing with their 21 trusted nodes.
this last one was impossible to predict, nobody ever implied this shit was going to happen outside of him.

btw there was a very old larp (more than 1 year ago!) that said in the end of 2019 there was going to be a big announcement about link. In my opinion that will obviously be swift and how they are involved in the project.

>> No.13987462

>>13987327
I have saved every larp but cant find this one

>> No.13987468

>>13987462
remember the puzzle anon? it was in one of those threads.

>> No.13987529

>>13987327
Even if a larp was a legitimate insider, how could they possibly know the time of an announcement 2 years in advance?

>> No.13987563

Literally a bunch of nonsense. On march 14th banks where supposed to have whatever their apis accessible by any fintech. Meaning anyone of you tards could make a stupid simple fintech company like an app that transfers 5 bucks to your friend or whatever and then be able to request a demo from any bank in the EU. So why haven't we heard of a single example of a bank aiming to use blockchain as their api endpoint? Because they aren't using blockchain at all. The banks are all struggling to get their end point sorted. Almost half of the banks missed the deadline. There are IT companies such as digicert that are providing specialized service to the banks, helping them integrate into psd2 and none of it has to to with blockchain at all.
You think your all so smart because your autistic and socially retarded but literally 5 minutes on google would be enough for any of you to see how retarded this larp even is.

>> No.13987576

>>13987529
Big projects tend to set clear deadlines.

>> No.13987584

>>13987529
By being an insider you dumb truck.

>> No.13987617
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13987617

>>13987529
The Sibos 2019 event happens every year. This year it's in September. Easy to predict if there's going to be a SWIFT announcement it'll happen there

>> No.13987644
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13987644

>>13987563
You don't understand ChainLink.

>> No.13987667
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13987667

>>13987644

>> No.13987681

>>13986931
shill me on polkadot

>> No.13987833

>>13987644
>>13987667
nice digits but shit rebuttal
How many of the current API solutions that the Financial Institutions are currently legally obligated to have up for external testing for anyone that gets the PISP or AISP stamp by the EU have anything to do with blockchain, let alone chainlink? Would none be an accurate estimate?
Now let me ask you this. How would the banks benefit(or anyone for that matter) from putting the api info requested by fintechs onto blockchain? Oh and let me remind you that the api info is confidential, private information that does not belong on a blockchain.

>> No.13987916

>>13987327
>btw there was a very old larp
Hi guys

>> No.13987948
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13987948

>>13986931
>>13986982

>> No.13987994

>>13987833
no one can refute this

>> No.13988010

>>13987833
ChainLink is a payment facilitator with the benefit of automation and security.

>> No.13988015

>>13986931
>imagine being such a link brainlet that you have to shill 6 paragraphs on biz.
I'd necccccccc reeeee

>> No.13988110

>>13987994
Blockchain is essentially digital money. ChainLink helps normies get access to it in commerce. Refuted.

>> No.13988179
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13988179

>>13987833
>He doesn't know why we aquired Town Crier & SGX technology

>> No.13988191

>>13987916
Hmmmm

>> No.13988246

>>13987529
Time travel.

>> No.13988259

>>13988010
>>13988110
This is your average linkie. Can't refute any part of a nuanced criticism, resorts to memepics and busswords.
>>13988179
You can hide data from a chainlink node operator using SGX but once it's on the blockchain it doesn't matter how it got there. It will be up for display. Jesus Christ. do any of you so called nerds know anything about this shit.

>> No.13988316

>>13988259
execution on the blockchain will have a unique identifier. only the backend will know who's money went where.

>> No.13988317

>>13988259
You have no idea what ChainLink is.

>> No.13988327

>>13988259
Jesus what made you think private data will enter the public’s blockchain in the first place.

>> No.13988337

>>13987529
It's Sergey himself.

"I can't believe I still come here" gave it away

>> No.13988338

>>13988259
Zksnarks you idiot

>> No.13988362

>>13987529
Truman show nigga

>> No.13988384

>>13988259
dude im pretty sure private blockchain will be used for private things, fucking retard how hard is that to udnerstand, that information will be computed in town crier/sgx and spit back out on the private chain.

>> No.13988398

>>13987833
the whole point of the link network is you can monetize your api feed FUCKING RETARD

>> No.13988477

>>13988317
I'm done with you
>>13988316
>>13988327
>>13988338
>>13988384
>>13988398
The only benefit in putting api data from financial institutions on the blockchain before its accessed by fintechs is that when fintechs fuck up (like OP's larper alluded to) the banks can easily prove without any legal hassle that the fault is not with them. Now how exactly are you going to do that if the data is encrypted.
What on earth would be the benefit of that.
>You need blockchain to monetize apis.
Dude... what?

>> No.13988506

>>13988327
Dude, you're ID's wack

>> No.13988562

>>13988477
>>13988259
obvious swinglinker fud is obvious
swing from a rope

>> No.13988582

>>13988562
some woman sued the producers of drive cause the trailer made it look like a fast paced car chase movie and not just some autist fighting jews

>> No.13988713
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13988713

>> No.13988735

>>13988713
>Basically, banks must have a back-up plan – known as “contingency measures” – in case their open APIs don’t work. They must give TPPs an alternative way of accessing their customers’ data, allowing them to use end-users’ login credentials while indicating that they are not really the end user.

>> No.13988754

>>13988735
>But there is one condition under which banks can do away with these contingency measures: their open APIs must have been widely used for at least three months before the September 2019 deadline.

If any of you stupid fucking leeching niggers took 15 minutes, just 15 minutes per week to read about any of this, you would stop asking retarded questions and know what the fuck to do.

>> No.13988850

>>13988582
Drive has no right to exist

>> No.13988863

>>13988754
based and swiftpilled

>> No.13988871

>>13987529

I can't tell if you're being sarcastic, a monkey could predict it, it's the regulation deadline.

Also don't expect banks to wait until right up to the deadline, the ones with their shit together will go live with buffer, they could very well go live soon or during the summer

>> No.13988939
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13988939

>>13988871

>> No.13988940

>>13988562
Oh well. You know, fud used to be addressed on here back in the day. Now Its like trying to debate someone that's ideologically possessed.
Only the brainlets will hang.

>> No.13988981

>>13988850
Yes it does, if you watch this
https://youtu.be/rqbckoIEJGo

>> No.13988995

>>13988754
>you would stop asking retarded questions and know what the fuck to do.
What do?

>> No.13988997

>>13988940
If you're actually genuine I'll answer: the whole point of having SGX enabled nodes is that writing sensitive data to chain doesn't have to be done except at the discretion of the contract producers. With SGX you can write a hash to the chain that only the two parties of the transaction can interpret: the first to show they did the work and the second as cryptographic proof that their particular computation, API execution etc was completed correctly.

This was why all the autists sperged out at the TC merger, because it unlocked all of the highest value use cases of link.

>> No.13988998

>>13988871
I've watched enough National Geographic Mumbai to know pajeet isn't being sarcastic.

>> No.13989020

>>13988995
He's saying buy link because SWIFT member banks option is to either provide a separate access route to the fintechs trying to kill them or just redo their transfer infrastructure with corda/link and shut them out

>> No.13989050

>>13989020
What is your opinion on Eth? I already ahve 80k link, I'm thinking that's enough and want to invest in another project...I'm thinking ETH has the best longterm ROI besides Chainlink.

>> No.13989074

>>13989050
ETH has more paths to success than link but less room to grow
I'd equate it to buying the crypto equivalent of an index fund with all the additional variance and upside of crypto

>> No.13989085

>>13989074
Hmm...very good point. What other project do you like besides chainlink? In terms of long term ROI, meaning I'm willing to hold for 3-5 years...maybe more.

>> No.13989152

>>13989085
I generally look for stuff with non-overlapping use cases
XMR as fungible non-confiscation value asset
ETH as a distributed execution layer
XLM as interbank and international payments rail
LINK for obvious reasons

>> No.13989176

>>13989152
Very logical choices, assuming one is done accumulating chainlink, what other project would you invest in?

>> No.13989197
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13989197

>>13987681
anyone?
polkadot?

>> No.13989199

>>13988981
Based and kikepilled

>> No.13989218

>>13989197
how about you shill yourself you fucking lazy piece of shit.
>https://polkadot.network/

>> No.13989246

>>13989176
He just said fucktard, people like you are why anons with an IQ > 105 stopped coming to this shithole

>> No.13989273

>>13989246
I was asking which one of the 3 other projects he would choose, no need to be feisty.

>> No.13989304

>>13989176
I'm a solid value investor and a shitty market timer- if forced I'd buy XMR because it typically does well when BTC does well and is trading at historically lower BTC ratios. I also get the feeling that people haven't "got" XMR yet but that an inciting incident that will force them to (eg investor buys 1000 btc, turns out they were recently a part of a dirty transaction and now has to sell his "hot" BTC at a significant haircut).

Either that or the real use case of XMR starts getting underway; once the people of some shitty third world despot country start firing their government by moving their assets to XMR and crossing borders, it's over.

>> No.13989333

>>13989304
The thing about XMR though, is it's one of the few cryptos that are actually in use...which is why I think it's a terrible investment since it won't moon as hard. Also I was under the impression that nobody really holds funds in XMR, but rather uses XMR to wash funds then parks the clean funds in btc since btc is the most secure. ALso XMR can't scale

>> No.13989362

>>13988997
can that hash trigger a smart contract on-chain?

>> No.13989363

>>13989304
With that said, would you say an investment portfolio of ETH and LINK will be solid for long term holding?

>> No.13989403

>>13989333
All valid concerns, although BTC moons came after its first initial use case on dnms.
People currently use XMR to wash BTC...what happens when the end cash fiat gateways to BTC dry up because of chain analysis...

With respect to scaleability the trilemma is real. Only something like XLM will ever trump visa. That's fine for buying coffee in portland, not fine for fleeing maduro to chile.

>> No.13989421

>>13989362
Go back and watch the portions of devcon and the early eth meetups where the serg talks about private key management within TEEs being a key function of an oracle layer

>> No.13989451

>>13989363
Nobody would ever fault you for this
Its hard to understand emerging markets unless you've been through a few- nobody really knows what will happen and who wins up winning or losing is often pretty arbitrary
That said most of the big players that survive the inital cleanses don't die. There's always a chance link or eth is myspace, but more likely link/eth are early microsoft, oracle, ibm, apple or alphabet

>> No.13989460

>>13987833
Imagine being such a smoothbrain that you believe actual sensitive data is going “on the blockchain”. Jfc kys.

>> No.13989864

$1000 EOY faggots

>> No.13989936
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13989936

>>13986931
>they fell for the link is a meme meme
>they fell for the $1000 is a meme meme

>> No.13989940

>>13987948
>Mfw this meme actually made me emotional
You are more friends than my real friends guys.

>> No.13989951

>>13986931
yeah but ur gay sooo

>> No.13990077

Predictions for what will happen wednesday? More of the same slides? What will become of my already heavy bags?

>> No.13990116
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13990116

>>13990077
I Doubt much new will surface. I would wait for some of the bigger conferences like Oracle and of course September will be big as well.

>> No.13990170

>>13989940
i have literally one friend and the rest are anons

>> No.13990212

>>13990077
I have no idea what to think from here forward. Everything with respect to important partners still hasn't been announced. there is a time coming in the future where it will be essentially impossible for that information to not become public. Really the hard end of that is widespread use of the network.

I guess the only think I believe anymore is that chainlink answers to people other than retail investors. They really don't give a fuck about us. I would guess we get to know when they decide or when they just can't hide it anymore.

>> No.13990294

>>13988754
Holy fuck. I have 600 link and .5 BTC. What do frens

>> No.13990326

>>13990294
Have sex.

>> No.13990346

>>13988259
Your truley an idiot.

Writing the answer to a problem on the ethereum blockchain is not the same as making public the variables that got you the answer.

You sir are a moron.

>> No.13990378

>>13988754
Wait, are you saying that there will be major useage in the next couple months?

>> No.13990628
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13990628

>>13988997
Don't forget this is a premium service
>Chainlink the new marketplace

>> No.13990740
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13990740

>>13987916
Hey Assblaster how are you? I solved the puzzle and figured out your connection but don't worry, I'll never tell biz. Your secret is safe with me.

See you on the other side.

>> No.13990861

It's exhausting constantly seeing people tout Chainlink as a solution for everything. Chainlink won't be used for PSD2 compliance, there is no evidence suggesting it will be. I'm still waiting for anyone to post evidence of there being vulnerability in any oracles.

>> No.13990917

>>13990861
Wont have anything to do with PSD2 compliance, will just be ahead of the game for any fintech companies who want to do digital only banks utilising smart contracts

No vulnerabilities, but look at the outages oraclize have had. Also, look deeper at the working groups on the legal side of smart contracts, they are building standards for the legality of trustless digital agreements, with one component of that being "tamper proof". Without decentralized oracles, the end to end workflow will never be trustless, so this will likely work its way into those standards.

>> No.13990952

>>13986931
The price makes me wish I took my 10k in profits at 1.20 and left

That could of really helped me with my situation. Guess i’m Going down with the ship, unless we make it to our destination

>> No.13990965

>>13987327

>this last one was impossible to predict, nobody ever implied this shit was going to happen outside of him.

Lol you guys are stupid af, sergey himself said that link would go live without reputation or stacking and only a few nodes throwing data, we didn't believed that because we wanted SWIFT

>> No.13991009
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13991009

Its all jappening lads. And whereas LINK has already touch and retraced from its ATH's, king Shitcoin hasnt even made equal 20K ATH yet, nor has it retraced 50% on this recent rally.

>> No.13991043

>>13988754
Holy shit

>> No.13991096

>>13988754
>their open APIs must have been widely used for at least three months before the September 2019 deadline.
I'm curious about this. What is the standard for "widely used"?

>> No.13991139

Will a marketplace of reputation providers actually work? What if the reputation providers started forming cartels? Regulatory capture.

>> No.13991201

>>13986931
>How did he know?
He DYORed, it's literally all public information plus a little sperging from the autists here, nothing new or fancy. He's right when he calls you dumb fucks tho

>> No.13991216

>>13990965
Swift in due time.

>> No.13991841

>>13990212
There are no important partners.

>> No.13992036

>>13987563
youre wasting your breath. nothing can save them from being ruined, its pointless to try to make them see how delusional they are.

>> No.13992183

Reminder that basically the entire mainnet pump has been wiped out and we're not even done dumping yet. If you think this token isn't going the way of REQ you're delusional. /biz/ whipped itself into a frenzy over nothing.

>> No.13992302
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13992302

>>13991096
PSD2. There is no way you could be this stupid

>> No.13992946

YES I’M GAY AND I HOLD CHAINLINK AND I SUFFER FROM PTSD2

>> No.13993080
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13993080

>>13988997
shut that nigger right up

cheers

>> No.13993400

>>13987563
You got the timeframes wrong, kiddo. From 14th March till 13th September is the open testing phase for banks. Banks have to be PSD2 compliant on 14th September. Read the law deadlines

>> No.13993525

Imagine the massive delusion that will go off on 14th September when LINK will only have 6 oracles and nothing else

>> No.13993750

>>13993525
Still, after all the research and posts about chainlink and you guys still dont get it.

Fudders keep trying to pick apart LINK. What you guys arent u understanding is that the whole crypto space is dependent on LINK "making it". Dont you see if chainlink fails all of crypto fails. Smartcontracts are dependent on decentralized oracles. Theres no way around it. So if chainlink doesnt develop there is no real world adoption.

Chainlink and all of crypto has no other option but "to make it"

>> No.13994104
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13994104

Regardless of how accurate his predictions were or not, there is genuinely valuable information found in his posts

I honestly wish I had his contact information because I would kill for a mentor that wise

>> No.13994928
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13994928

>>13986931
I read this, all of it, yet I cannot stop claiming that Chainlink is the next Bitconnect.

Fuck reddit-plebs, fuck everyone, the world will burn, while I live in the mountains of Taiwan with my Asian Waifu

>> No.13994951

>>13990628
I swear I will get this as a tattoo on my back so everyone can see what I'm waiting for while I chill at tropical beaches

>> No.13995195

Everything isn’t true.

>> No.13995216

>>13990628
Right on schedule

>> No.13995783

>>13994928
>Life is 10% what happens to us and 90% how we react to it.

What did he mean by this

>> No.13995794

>>13995783
You can't generally predict (and thus control) what happens to you. But you can control how you react to things happening to you.

>> No.13995829

Buy link faggots

>> No.13996325

>>13987468
puzzle ? u mean this riddle ?
https://yuki.la/biz/12582910

i have no other puzzle larp saved :/

>> No.13996361

>>13987833
Have you never even heard of smart contracts? The benefit of making your API available to ChainLink is that once smart contracts take off properly you can fire half your employees.

>> No.13996420

>>13989363
I have the same portfolio, except with a small suicide stack of VIDT.

>> No.13996431

>>13986931
jew here. thanks building up the linktardism. now fuck off goy it is our turn now.
>sergey is a jew
>trust him

>> No.13996438

>>13991009
This is actually a really good point. LINK has been the best performing crypto asset of the past year. How anyone could be upset with this retrace is shocking to me.

>> No.13996577

>>13996438
The only people who are upset with this retrace are ones who bought at $1 plus.
The fact that they're angry basically paints a gigantic fresh meat target on their back. It's fun to fud them.

>> No.13996696

I think this quotes killed this larp

>If you believe the shit on the pivotal for one second you are a sucker. If you think the project hasn't been done and production ready for a year you're a fool.
>Lets say you were smart enough to write software that allowed for a decentralized oracle network. Would you be smart enough to write software that updated a public github from a private one after a set or variable delay?

>> No.13997352

>>13996577
I bought LINK both at 20 cents and well over a dollar last week. Still comfy and 0 regrets. If it dips further I'll just buy even more