/biz/ - Business & Finance

[Anonymous No.15784848]

G-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-g-guys?

Are we m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-m-ooning?

[Anonymous No.15784934]

>>15784848
Let's think :
There is an oracle market for people to sell data.
You write a smart-contract.
You want your smart-contract to self-execute on a certain event.
You don't trust a single oracle because that would break the who point of the tech.
you call the info from many oracles to have precise data.
Request data, pay some linkies
That data goes through chainlink node operators.
There is money on the line, nodes must validate the data.
If they are right. Good, more reputation for the nodes, some linkies for you
If they are wrong, BAD, get that linkies from you because you lost us money.
.....?????
1000$ a linkie

Am I missing something? I'm still trying to understand the economics and the tech behind this shit

[Anonymous No.15784943]

>>15784848
we only moon when ((they)) allow it

[Anonymous No.15784957]

>>15784943
Unironically this
I’m worried about there being a massive dump to sub .30 to traumatize anons

[Anonymous No.15784967]

>>15784848
Use your words properly you fucking mongoloid.

[Anonymous No.15784968]

>>15784943
so basically never then

[Anonymous No.15784972]

>>15784968
never say never

[Anonymous No.15784978]

WTF WAS THAT

[Anonymous No.15785002]

>>15784957
Lmao that would unironically provide some of the funniest times that money could never buy.

[Spaceman Spiff XgwhYn9d No.15785025]

We’re not exactly mooning but I’m so used to the dumping this just feels nice.

[Anonymous No.15785049]

Buy order set at 1.2, pull back will be a bitch

[Anonymous No.15785070]

>>15785049
Jesus fucking christ. Have you looked at the chart. It's going one fucking way dude. Bitcoin will also start going up. Good luck you massive faggot.

SAY IT WITH ME
>>15785025
SPACEMAN SPIFF IS A COCKSUCKKKA AHAHAHAHAHAHAHAHHAHAHA
A MASSIVE COCKSUCKKKAAAAA

[Anonymous No.15785081]

It's a fucking scam just sell now before btc dumps again retard

[Anonymous No.15785085]

>>15784848
Literally climbing the ranks slowly

[Anonymous No.15785088]

>>15785070
>Bitcoin will also start going up.
It is literally crashing right now back to 8k

[Anonymous No.15785092]

>>15785070
Screencapped

[Anonymous No.15785099]

>>15785088
zoom out bobro. We got like 1 month of sideway. Chainlink will be top 10 by then

[Anonymous No.15785105]

>>15785092
please post it when I'm right, or else you are one massive cock suckkaaaa like spaceman spiff

[Anonymous No.15785144]

>>15784848
https://www.youtube.com/watch?v=KTf5j9LDObk

[Anonymous No.15785340]

>>15784934
Most (all? Because who would stake with that pool otherwise?) staking agreements will be so that the node operator covers any losses. Your stake will be in a separate SC, which will technically be "in use" but never has to be in physical control of anyone else....released by date or by contract completion trigger.

The price per link comes from scarcity (literally risk free, no one can touch staking links besides you...who wouldn't take even 3%? 10%?)

The requestors will be very willing to pay some money because of the costs already associated with their business. I can't remember if it was openlaw or someone else, but the figure was 20k and up for a medium complexity normal contract over it's life cycle. Per contract. 5k and up for a basic one time agreement/swap factoring employees, lawyers, and execution. That's the target audience for chainlink...pricing a contract execution at 3-4k and saving a significant spillage percentage of donothing office employees that are now unnecessary.

There's also huge considerations for operating capital and trade financing in general. Normally payments are done at huge delays, traditional contracts like shipping being 30/60/sometimes 90 days. The SC triggered payment is effectively instant, or a min or two back into SWIFT banking accounts. This cuts the need to carry 30/60/90 operating expenses, or realistically the need to finance and borrow for these costs (kinda the overnight shit the fed is bailing out right now). Some/most of it switches to being frontend on the buyer, but also throws a nice gap of being able to borrow from defi/peer lending instead of institutional sources...again cheaper, faster, easier, trustless.

I've done the numbers for trucking a few times in threads, but a top20 trucking company spends something (conservative estimate) 75% of costs on contracts, and a huge staff to enforce and manage them. They clear 5-8% net as profit normally...so 5% to 80% profit. Pretty insane jump.

[Anonymous No.15785384]

>>15785340
the dopamine hit didn't last long but I appreciate the write up

[Anonymous No.15785406]

>>15785340
bullish or bearish? just give us a definitive answer you retard

[Anonymous No.15785437]

>>15784848
>are we mooning
>was $4.50 like 2 months ago

[Anonymous No.15785456]

>>15784934
>>15785340
Which means 500-800mm a year for again, a high teens company that traditionally has the lowest to the ground/streamlined workforce already. Call it 250mm they're willing to spend on SC and executions...that's 5-8 billion on the very low side for the top 25ish carriers (reality is waaay more, the ltl and container guys have insane employee overhead and 2-3% on 3 billion numbers).

This is an industry that isn't even being targeted or developed directly for, just simple collateral damage. Add in real shipping, and the numbers get out of hand. Not including the actual focus of this tech, derivatives. Can't find the volumes as easily on those...but literal quadrillion dollar markets where simple instraday contracts again cost companies 5k-20k.

[Anonymous No.15785476]

Link is a scam
If link as described in the white paper is 100%. Right now they're at 15%

OMG allover again

[Anonymous No.15785517]

>>15785384
Boomers can 10x their annual profits in 2-3 hours of setup with one IT guy and customization of relatively basic SC's (X agrees to pick up and deliver product, for Y dollars, triggered by esig or canceled by 2 key/esigs from both sides)...which now legally just trigger by scribble from a warehouse employee and taking a picture on your phone of it.

These are niggers creaming over a non existent self driving meme to MAYBE double revenue just off doing more work. This is doable today, no setup or trial period, and would also help automate other outside systems (algorithmic planning for more effective per truck operations like is done with planes already).

[Anonymous No.15785547]

>>15785384
Whups
>>15785406
>>15785517

There's also insurance, both physical and freight. New markets/opportunities for that with digitized contracts and going to a per contract basis.

Basically going to make what is already considered relatively cheap shipping costs insanely cheap and streamlined...giving us even more access to cheap chink shit.

[Anonymous No.15785639]

>>15785144

[Anonymous No.15785669]

>>15785547
>giving us even more access to cheap chink shit
even more cheap chinese goods?
Now you're talking my language, sign me the fuck up!
Love me some cheap-ass disposable defective products!

[Anonymous No.15785672]

no

[Anonymous No.15785682]

Mudda fuckin PAMP IT

[Anonymous No.15786682]

>>15785002
He’s right. And if you’re a true marine you’re still not selling. The marines go down with the ship.

[Anonymous No.15786825]

No, we are steadily climbing against btc (and USD). And in some ways it's better than mooning. Sure, it'll take a bit longer, but corrections won't be as severe as after mooning. As long as the chart points up, I'm satisfied.

[Anonymous No.15786844]

Calm down guys, we still have some issues to iron out that require some additional resources.

I've spoken to Sergey and we'll be resuming batch token sales from tomorrow 9am Eastern.

He knows that the 700k thing is a meme and is actually considering selling off in 750k batches just to poke fun at you guys.

Best regards,
Daniel.

[Anonymous No.15786872]

>>15786844
>foot rubbing intensifies

[Anonymous No.15786883]

>$1.91

BROOOOOOOO CHILL LMAO

[Anonymous No.15786917]

$6 weekend?!?

[WhaleKiller !!GkZaQSwrrji No.15786918]

I told you.

[Anonymous No.15786937]

>>15786918
Imagine thinking your incorrect trip would fool us
Kys

[Anonymous No.15786959]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.15786968]

>One post by OP
>30 retards reply
Never change new fags and sub 70 IQ tards

[Anonymous No.15786988]

>>15784957
Kek if that was to happen I would start selling my stuff in order to buy more. And I’ve been buying every month for two years.

[Anonymous No.15787137]

running a business in the future requires being able to manage the costs of production. That's all well and good: if you can make a living off what you produce, you need only focus on producing better products, not more expensive ones. And in this world, we often have to accept that what we've made will be bought, not only to feed them, but perhaps even to use for food—not to mention the myriad other problems that result from producing food that is too expensive to the point of being unaffordable to the majority of people who need it. For the foreseeable future, however, it is much more likely our lives are going to focus more on maintaining our current food supply and our own survival, and less and less on our ability to produce better products that, as a society, we want. In short, we will start consuming less and less of what is available, and will be living off what is most likely going to be available. This is more or less how it has always gone.

I find that it's almost impossible to imagine a world in which we do not need to adapt