/biz/ - Business & Finance

[Anonymous No.15585062]

Okay, faggots. I usually don't do this, but it seems that some retards, that have been around for a while, are finally getting FUDed out of LINK, so I'll drop you a breadcrumb.
I'm not an insider or any bullshit like that, just someone with more than 2 braincells.

Santander recently issued a $20MM bond on the Ethereum network, most of you know this.
Now if you read past the headlines, you'll see they used $SUSD (source: https://blockonomi.com/santander-ethereum-bond/).).
If you're like me, you probably haven't heard of this $SUSD thing before. Well, it appears these guys are behind it Synethetix (https://twitter.com/synthetix_io).).
How does it tie in with Chainlink, you may ask? Here's a link to a recent tweet by Chainlink https://twitter.com/chainlink/status/1172066763049246720
Notice anything?

You're welcome and buy the dip, retards.

[Anonymous No.15585067]

DeFi

[Anonymous No.15585080]

Nobody that has held LINK longer than 2 months if getting fudded out of LINK.
The idea that these discord faggots have any effect on the market has been well and truly BTFO. Lenocineum comes to mind.

[Anonymous No.15585092]

Very nice thread

>vapourware
>devs display tech in real time and btfo of doubters in real time

[Anonymous No.15585094]

>>15585062
>Bullish because of connections

[Anonymous No.15585104]

>>15585062
>If you're like me, you probably haven't heard of this $SUSD thing before. Well, it appears these guys are behind it Synethetix
the susd was for 'santander usd'. It's a pilot.

[Anonymous No.15585111]

> can fetch the price of eth for a small fortune in eth
Brilliant

[Anonymous No.15585135]

>>15585094
Another "connection" I failed to mention is that Santander is always included in graphics made by chainlink. Probably one of the hundreds of banks they're working with.
Keep in mind they don't have to work with them directly. As long as Synthetix uses Chainlink, and Santander uses Synthetix, Santander is effectively using Chainlink. I swear there's a word for it. Middle-ware, perhaps?

>>15585080
People are either pretending to be selling or they're actually selling. Nobody from plebbit has more than 2k linkies, and I'm being generous.

[Anonymous No.15585150]

>>15585111
Checked, but you're a brainlet. Couple of dollars isn't shit when you're issuing a multi million dollar bond. Not to mention Ari (((Jewels))) is working hard to reduce the fees through off-chain computation.

[Anonymous No.15585159]

>>15585111
>doesnt understand how the futures decentralized trustless flow of commerce and information will occur and that the groundwork for those systems are being put into place right now. We are unironically on the precipice of the next generations financial systems that the human race will use going forward into the future.

[Anonymous No.15585172]

>>15585150
>>15585159
Flllllluuusssshhhhh

[Anonymous No.15585176]

>>15585062
If you read the source article buried in your link, it sounds fishy as fuck...

> One division of a company creates a bond
> It is bought by a different division of the same company
> they pay interest

https://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Press-room/2019/09/12/Santander-launches-the-first-end-to-end-blockchain-bond.html?linkId=100000007936797

[Anonymous No.15585193]

>>15585062
literally bought 1000 more linkies

[Anonymous No.15585201]

>>15585176
Consider this...

> Issuing division pays interest
> gets to deduct the entire amount as an expense
> receiving division collects interest
> it gets taxed at a lower rate than sales

Translation... money flows through, and is magically cleansed of its tax burden

[Anonymous No.15585238]

>>15585062
im so glad you guys are actually unironically delusional. its glorious to know that most of you will actually hold this to zero. dont just hold, buy it. buy all you can

[Anonymous No.15585372]

>>15585238
what are you holding?

[Anonymous No.15585385]

>>15585372
Unironically my cock

[Anonymous No.15585390]

>>15585385
>different ID

[Anonymous No.15585434]

>>15585372
>>15585238
He's holding BAND Protocol.

[Anonymous No.15585437]

>>15585390
Surprise?

[Anonymous No.15585450]

[Anonymous No.15585466]

>>15585176
>>15585201
Didn't look into it that deep, but I guess it's just banks doing dodgy shit as always. If they elect to do it on blockchain and I make money out of it, I'm all for it. Though this sounds unlikely, as blockchain is way more transparent unlike their standard methods.

[Anonymous No.15585482]

>>15585372
the only thing that is worth holding: bitcoin, you filthy shitcoiner

[Anonymous No.15585644]

>>15585062
Isn't it most likely that the Chainlink team just tweets crap about other cryptos that are having success and new developments?
It's actually pretty standard public relations: associate your own name with others that have credibility.
Sounds to me like you're emotionally invested in CL, and are falling victim to confirmation bias.

[Anonymous No.15585656]

>>15585080
>Nobody that has held LINK longer than 2 months if getting fudded out of LINK.

This. But thank you OP for the solid bread crumb.

[Anonymous No.15585737]

Related to this thing maybe?
https://eth-usd-aggregator-staging.chain.link/

Cert for that subdomain only got created on the 11th. https://crt.sh/?id=1871468006

[Anonymous No.15585784]

>>15585062
>>15585067
>>15585080
>>15585135
>>15585193
>>15585737
He inhales deeply then takes out a Cuban cigar. Lighting first a $100 bill then using it light the cigar. You can smell the ashy scent lingering in the room as the smoke drifts up.

"Th-they said... $32 million dollars isn't worth my Oracle solution. Fuck vitamin and his scrawny ways, a real man weighs at least 400 pounds like myself..."

Ecstasy over-flowing your body, you prepare yourself for the joy. You can smell what's coming.

"Just imagine all the data being sanitized by reputation, like Uber. No sybil attacks, all ERC20 based."

He lets out another fart and grunts again.

"Another 700k!"

You shout ecstatically, "build that oracle solution, buy that towncrier! hire more devs!"

"I've give you something to cry about" He replies. Once more he grunts again and shits a violent flow of diarrhea, this time getting on your chin and lip.

"Who needs toliets?" He questions a shadowy figure in the corner.

"One of my Pajeet devs" He says smiling.

"I'll shill for you Master!" As you cry out, the sloppy heap of shit covering your body as it slides down.

"1k EOY is FUD!"

"No... I will give you the fud." He grunts again and proceeds to let out a gassy fart.

"Another 700k!" He cries out as he lets his sweet, hairy cheeks flap as another shit dumps out.

"Di-di-", the shit overflowing your mouth, "d-didn'... arghhh, didn't read, not selling"

[Anonymous No.15585800]

Do pajeets really believe they can come here and pretend this mass fud shitposting isn't from an organized campaign?

Whats the target? Make autsts sell? For what?

[Anonymous No.15585836]

How are these dumb, baseless claims of alleged connections any different from the Chinks from VeChain claiming to be partnered with everyone and having nothing to show for it?

[Anonymous No.15585837]

>>15585062
Nice fucking find op. Was not aware of the synthetix $susd and Santander crumb.

[Anonymous No.15585852]

>>15585737
FUCKING DELETE THIS RIGHT NOW

[Anonymous No.15585884]

>>15585852

Received

[Anonymous No.15585895]

>>15585884
Way to do someone else's bidding you pussy beta tranny.
Other than a pic of your mom marathoning huge black cocks, what did you post fren?

[Anonymous No.15585897]

>>15585884
>>15585737
>provider: microsoft, mozilla, google

[Anonymous No.15585906]

>>15585895
ill post it because i'm not a bitch like him and actually want to assuage biz bros of their worries
https://eth-usd-aggregator-staging.chain.link
https://crt.sh/?id=1871468006

[Anonymous No.15585923]

>>15585906
I like how you can left click+drag the aggregator itself and make it fly around like an octopus

[Anonymous No.15585927]

nice find op, thank you. we are on our way.

[Anonymous No.15585929]

>>15585062
Isn't Chainlink that pump and dump scam the news was talking about?

[Anonymous No.15585933]

>>15585923
that's a a buy signal, unironically

[Anonymous No.15585942]

this pic tho

[Anonymous No.15585943]

>>15585176
Pretty sure it was just a test

[Anonymous No.15585968]

>>15585923
fundamentally bullish

[Anonymous No.15585975]

>>15585923
Yeah this thing is simple but fucking nice. It just gives an amazing visual of ChainLink and what it actually is.

[Anonymous No.15585984]

>>15585906
>https://crt.sh/?id=1871468006
Wow thanks, that is actually impressive. I appreciate the bone.

[Anonymous No.15585989]

>>15585984
the other link has the gems in it
look nearer the top

[Anonymous No.15585994]

>>15585989
wait never mind my bad

[Anonymous No.15585997]

>>15585906
Does anyone know why there is such a variance of prices from all the oracles? Are they all querying different APIs? Or just slight time differences?

[Anonymous No.15585998]

>>15585975
Yep, super clean, no wacky colors

[Anonymous No.15586006]

>>15585997
slight time differences
watch it a bit, they don't all respond at the same time
the idea is to average it over such a large pool of data that the difference is negligible and actually more reliable than a current real life transaction

[Anonymous No.15586058]

>>15585135
>pretending to sell
HAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.15586069]

>>15585466
Yeah right, and they're just trying it out. If they issue it to themselves and fuck it up it's not as big of deal. Also checked

[Anonymous No.15586079]

>>15585836
Because Chainlink isn't making the claims. Autists are digging them up

[Anonymous No.15586108]

>>15585434
>.in domains
>literally Indian domains

CAN CHAINLINK GET ANY MORE PAJEETIFIED LMAO

[Anonymous No.15586128]

>>15586006
Actually I have noticed that a few of them always match the same price. And 2 seem to be written to etherum chain at same time, and the rest come in on a different block. I think it must be both factors.

[Anonymous No.15586173]

>>15585062
>>15585135
>>15585150
>>15585466
An actual fucking cogent high iq op
Go on

[Anonymous No.15586192]

>>15585998
Yeah it's perfect. Here is some follow up info since I like op's style. This was taken from a podcast that I ironically listened to the other day with Kain Warwick.

>Let’s talk about the billion dollar mistake. Quick backdrop, there was an oracle bug that led to a 1000x price discrepancy admist some of your assets, based on the KRW specifically, that a trading bot was able to exploit and at least on paper make 11 billion dollars. Did that wake you up?

I woke up at about 6:30 and Jordan called me and he said we have a problem. And it’s kind of interesting when you have such a complex system. Immediately you start cycling through where could this problem be? We essentially realized the oracle had failed. There was an outage in the oracle. We had to negotiate with the bot owner to try and roll back the transactions. We were able to do it. There was no loss in funds. It does speak to the way that the mechanism works. We’ve got around 40 million dollars worth of collateral. There was 40 million dollars backing 11 billion dollars worth of debt. So the whole system was under collateralized. So there would have been no way for the bot to take those gains, if you will, but essentially it broke the system. The system was frozen at that point.

And so we said to the bot owner, you found a bug, you exploited it, we’ll give you a bug bounty. It was a fairly tense negotiation because they wanted a lot of money. So we were eventually able to work out something that was reasonable on both sides. And so I think it sort of speaks to the risks of these highly complex systems and particularly when you have an oracle that controls all the prices in the system, that is centralized. And so we’re looking at a bunch of oracle solutions including ChainLink to remove some of the centralization. And I think the most important thing about that it was the only closed source piece of software in our solution and it was the only one that failed.

[Anonymous No.15586224]

>>15586069
I came to the same conclusion Anon

[Anonymous No.15586227]

>>15586192
>warwick
midge

good post though fren

[Anonymous No.15586243]

>>15586192
Thank you for this breadcrumb, anon

Of course they'll use chainlink - chainlink is the industry standard

[Anonymous No.15586274]

>>15586227
Is there a dating site just for midgets? I would ask Google but my profile is filthy enough.

[Anonymous No.15586280]

>>15586274
use another search engine

[Anonymous No.15586283]

>>15586280
I've already lost interest.

[Anonymous No.15586287]

>>15586283
a real man spends days to acquire the most prime fetish material

[Anonymous No.15586292]

>>15586128
To expand on this after watching some more. I saw an instance where 3 nodes that were consistently returning the same answer had their answer written to the eth chain at different times. But in the end they still returned the same response as each other. So you can't tell if it's a time difference from watching the aggregation on that site. Must be different APIs and query times or something like that.

[Anonymous No.15586302]

>>15585135
>Santander is always included in graphics made by chainlink.

[Anonymous No.15586308]

>>15586302

[Anonymous No.15586327]

>>15586308
>excellence

[Anonymous No.15586349]

>>15585135
>Probably one of the hundreds of banks they're working with.
peak dellusion

[Anonymous No.15586392]

Bump

[Anonymous No.15586401]

>>15586192
"A bunch" Reeeee there's literally only one oracle solution

[Anonymous No.15586419]

>>15585062
that has nothing to do with chainlink..

[Anonymous No.15586430]

chainlink = scam

[Anonymous No.15586434]

Fuck! Should I buy now large quantities or wait until the price goes lower?

[Anonymous No.15586445]

Bump

[Anonymous No.15586450]

all it takes is one liar for anons to ignore their figurative house burning down around them? good to know.

[Anonymous No.15586465]

>>15586450
read the rest of the thread

[Anonymous No.15586780]

Fuck the Mumbai FUD squads. Bump.

[Anonymous No.15586918]

>>15585906
>https://eth-usd-aggregator-staging.chain.link
oh shit dawg thats cool as fuck

[Anonymous No.15587005]

>>15585104
Correct. This has nothing to do with Synthetix. Also, Synthetix is still "in talks" with Chainlink and hasn't confirmed they'll be using Chainlink anyway. Total nothing burger. Delusional LINKIES as always.

[Anonymous No.15587018]

Will not read thread, please dont tell me some faggots i here are still trying to justify this scam

The absolute state

[Anonymous No.15587197]

>>15586401
I think he means that they’re looking at a bunch of solutions to fix their particular issue, and one of those options is to use chainlink

[Anonymous No.15587246]

really you nerds talking about Santander bank? let me know when they working with BOA, GOLDMAN SACHS, CHASE, aka the real big banks

[Anonymous No.15587353]

>>15585434
look at the forks on chainlinks github, there’s a microsoft dev on the list

[Anonymous No.15587645]

Only good thread on /biz/ kill yourself fudders

[Anonymous No.15587657]

Chainlink 1000k EOY

Check'em

[Anonymous No.15587666]

Chainlink 1000k EOY

Check'em

[Anonymous No.15587683]

>>15587246
>N-nooooo Santander is no real bank stinkies, let me know when they work with a real bank AAAAAAAAAAAAAA

[Anonymous No.15587730]

>>15587666
Checked, also still holding. Swingers get the rope etc.

[Anonymous No.15587743]

HAHAHAHAHAAHAHHAAHhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaHAHAHAHAHAHAHAHAAHHAAHahahahAHHAHAAH FUCKING KEK PATHETIC SHILL ... HOLD LINK = STAY POOR AND FAG :D:D:D:D:D:D:D:D

[Anonymous No.15587748]

RIP Sugoi

[Anonymous No.15588037]

>>15585062
>>15585067
>>15585111
>>15585172
>>15585434
>>15585450
>>15585784
>>15585836
>>15585852
>>15585897
>>15586058
It has been officially announced, the Chainlink Harmony alliance is now official.
>The Chainlink community joins the Harmony community praying and worshipping Gizem feet for good luck and high profit.

[Anonymous No.15588081]

>>15585062
Why they did not use Link tokens as a collateral instead of $SUSD?

[Anonymous No.15588084]

>>15585062
So Chainlink is feeding fake breadcrumbs as they have for 3 years. How is that bullish? Are you retarded?

[Anonymous No.15588105]

>>15586243
>0 users
>industry standard
choose one

[Anonymous No.15588108]

https://twitter.com/synthetix_io

https://blog.synthetix.io/synthetix-and-chainlink/

https://www.coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms

[Anonymous No.15588204]

>>15585984
Can you please explain to a farmer what that certificate tells us?