ITT I spoonfeed newlinkers

[Anonymous No.16042878]

Lots of you have no idea what etherdelta was or why the flush is funny.
I'll answer anything you've wanted to know, been confused by or have been scared to ask for the rest of the day honestly and unironically.

Fire away

[Anonymous No.16042892]

wen steaking sir

[Anonymous No.16042893]

>why the flush is funny
They don't even know about the flush anon

FUCK NIGGERS
FUCK KIKES
FUCK JANNIES

[Anonymous No.16042908]

>>16042878
I understand the flush joke because of sibos in 2017 but I dont know how staking works exactly. Its collateral for smart contracts and you provide data inputs, but how do you get paid in tokens? do they pay a fee to make a contract and it goes to you if successful? or does it come from the 350M wallet?

[Anonymous No.16042918]

Before you buy, let me tell you a story.
I was visiting San Francisco to see one of my friends. We went to a strip club, and while I was there, I saw Sergey, surrounded by women. He was throwing tons of money at them, but not just bills. It was stacks upon stacks of $10,000, sealed up with the white paper bands, like he had just come straight from a bank.
I went up to him and congratulated him on the success of Chainlink as of late (this was about a month ago), and he started laughing. He took a hefty swig from a bottle of Dom Perignon, and said, "Yeah? You think I care, stinky?"
Confused, I asked what he meant, and said that he had obviously put a lot of work into LINK and he should be proud.
"Fundamentally, I don't give two fucks about Chainlink, kid."
He was about to say something else but one of the strippers tapped him on the shoulder. Sergey pulled out from his pocket the biggest ziplock bag full of cocaine I've ever seen in my life. It looked like one of those gallon bags, almost bulging at the seams. The stripper ran off into a back room with it.
He then pulled out a Zippo lighter.
"You wanna know what I think about Chainlink?"
He snapped his fingers and a stripper handed him a bottle of Hennessy. He then pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured cognac all over them, flicked his Zippo, and dropped it onto the pile. Almost instantly the whole stack caught.
I stared at him, speechless.
"It's called a 'PUMP and DUMP,' kid."
He laughed as he watched the pile burn before losing interest and going into a back room with his entourage of strippers following carrying duffel bags full of what I assume was money and coke.
This is the man you are supporting by buying LINK.

[Anonymous No.16042919]

>>16042892
I don't know and the team is, at this point, smart enough to not tell anyone dates outside of sergey, steve and whoever has to know on the partner side
Their irl meetups are >50% 4chan at this point

That said, in general they underpromise and overperform. pivotal is looking like late nov, so if I had to place an over/under it would be mid-late nov 2019.
>>16042893
That's why im here

[Anonymous No.16042932]

>>16042908
>>16042918
>>16042919
Lurk more, faggot

[Anonymous No.16042940]

>>16042919
What part of pivotal makes you think it's mid to late November?
Even according to the guidelines for "service agreement" on pivotal, it'd be late November, however that doesn't include auditing the code etc.

[Anonymous No.16042942]

>>16042878
What is a realistic price for LINK in the future?
How important is solving the oracle problem, really?
What is the flush?
How can LINK explode in value, being an eth based erc20 token?

Pls enlighten, this board is vicious.

[Anonymous No.16042944]

>>16042892
You too mate, lurk more

[Anonymous No.16042952]

>>16042940
>>16042942
Lurk more faggots

[Anonymous No.16042964]

>>16042952
I've been here since pre-ico. Just asking this person to justify his baseless claims.
Surely you have something better to do than type "lurk moar feggit" to every reply. Perhaps watch some furry tranny porn with your fellow Discord members?

[Anonymous No.16042978]

>>16042964
Sadly not, lurk more:(

[Anonymous No.16042980]

>>16042952
Honestly this, some people refuse to accept that link is a scam. If they lurked more they'd see it for what it really is

[Anonymous No.16042987]

>>16042878
why does he wear the shirt?

[Anonymous No.16043031]

>>16042878
Been lurking since 2018; became a regular in May and there were some questions I was always afraid to ask:

What's up with the fat Sergey and McDonald's memes? When did they start? Same thing with the Sibos toilet fud.

[Anonymous No.16043076]

>>16042908
As with all decentralized networks the end answer will approach the game theory optimal answer.
In the short term staking and slashing will only exist for non-response which is easy to mark/measure.
In the long term I would anticipate a high value contract would have 15+ inputs and those outside 1sd of the median 5 high quality data providers would get slashed and would actually participate at cost to get their rep up to become one of those sentinel providers.
>>16042918
This is pasta bullshit which stupid people use on 4chan when they can't keep up
>>16042940
Exactly what you said- the team sets goals and over delivers
there are a few people on the team that are genuine geniuses and might just decide to do it over a week. I'm not kidding on this
>>16042942
You should be fucking thankful this board is viscous
This is the only place on earth where ideas survive on their own merit. If you dont understand that then you're missing everything

Link price until staking and swift payments are live is speculation. Speculation from the same investor population who buys tron. You would have to be an idiot to try to predict that

Once it goes live it depends on marginal utility and value capture just like everything else

The oracle problem is the most important problem with respect to delivering real world value from decentralized systems. It is the most important problem and chainlink is the de facto monopoly solution

Chainlink presented next to the toilets in sibos 2018- it pumped and crashed because the network was still a year out

Value is demand over supply. CL supply is fixed and demand will be driven by a desire of the top worldwide corporations to not die

[Anonymous No.16043131]

>>16043076
>>16043031
Did he really present next to toilets? Sauce on that? Also wasn't it in Sibos '17? Also sauce on le big mac meme?

[Anonymous No.16043132]

>>16042932
>>16042944
>>16042952
>>16042964
>>16042978
>>16042980
The fud and insecure responses are a result of the population that inhabits biz
About 10% are smart and often are societal leaders larping as neets
The rest are hateful failures at life who provide the caustic idea proving ground that the former find valuable. They have to act this way because they have nothing else in life and their fragile psyches will be destroyed if they are wrong so they hedge their bets
>>16043031
Sergey has gained weight over the course of the project as anyone in his position would. The original registered offices in SF were near a McDs and it became meme gold.
Ironically Sergey is a bit sensitive about his weight, not an unreasonable amount but he's the guy who identified the main pain point in the next 30 years of global economy and the real heavy hitters all slob his knob but his public facing image is essentially fat Sergey memes. How weird is that

[Anonymous No.16043149]

>>16043132
What about the toilets?

>Ironically Sergey is a bit sensitive about his weight

Kek, sauce on that?

[Anonymous No.16043173]

>>16043132
>How weird is this
Not weird at all

[Anonymous No.16043213]

>>16043149
Sergey's presentation was right by the restroom and you could audibly hear men grunting, farting/shitting sounds and toilets flushing.

[Anonymous No.16043224]

>>16042878
Tets

[Anonymous No.16043280]

>>16043132
Lurk more faggot, if you get triggered so easily into writing a blogpost about your faggy psychology course then you have to go back, kys

[Anonymous No.16043304]

>>16043131
Yes it was sibos 2017, not 2018
>>16043149
A few anons who have met him have said this. I've also heard it from a few people in the space
>>16043173
dicks
>>16043280
Exactly this. They have nothing else because they are nothing

[Anonymous No.16043317]

>yes we need new money for our shitty ERC token.
>yes that's why we "feed" you lies and force to make it a meme
all the spoonfeeding you need newfags

[Anonymous No.16043332]

>>16042878
who was AB in real life?

[Anonymous No.16043339]

>>16043031
> What's up with the fat Sergey and McDonald's memes
1) he is fat
2) he got fat by eating 10 big macs per day while backpacking through Thailand and blowing coke off bbw asses with the ICO funds
Lurk moar newfag

[Anonymous No.16043357]

>>16043132
>The rest are hateful failures at life who provide the caustic idea proving ground that the former find valuable. They have to act this way because they have nothing else in life and their fragile psyches will be destroyed if they are wrong so they hedge their bets

[Anonymous No.16043363]

>>16043213
That was actually sergey farting and shitting his pants on stage to assert dominance over the crowd like an alpha
>t sibos 2017 attendee

[Anonymous No.16043370]

>>16043304
The whole team seems to be a bit insecure about their look. Johann especially. He started to lift and pulled his caterpillar eyebrows.
I think it is hilarious

[Anonymous No.16043371]

>>16043304
Kys pretentious faggot

[Anonymous No.16043378]

>>16043332
>https://en.m.wikipedia.org/wiki/Blythe_Masters
I fucked her. 6.5/10

[Anonymous No.16043386]

>>16043378
WEN STEKING?

[Anonymous No.16043389]

>>16043317
Another core tenant of biz is that baseless or tard tier fud is bullish- this is an example
Anyone posting "charts that make you salivate" is baiting retards, just like "html/css devs" fudding chainlink is bullish

>>16043332
Likely a low level fund/banker from EU. He admitted he liked the attention and that was his motivation. He clearly didn't have true c suite inside info but did have more knowledge of what was important to legacy banking than 99% of biz. And who isnt going to respond to a guy named assblaster

>>16043339
Another reference to pasta because:
>>16043357

[Anonymous No.16043404]

>>16043389
>yes, SWIFT is using chainlink like we've been telling for years.
>no, ofcourse we don't shill link 24/7 because we need new money incoming from retards. It's a great investment! Great investments don't need shilling!

[Anonymous No.16043413]

nail salon fud
good times

[Anonymous No.16043415]

What partnerships get announced on Monday? What are some other upcoming "buy the rumor, sell the news" events? Where do you get all that info from? I rarely see these insider threads on biz

[Anonymous No.16043442]

is there anything new you can tell us about chainlink?

[Anonymous No.16043505]

Be wary, newfags. It’s rare someone so generous takes time out of their day to answer your dumb pathetic questions on this board

[Anonymous No.16043517]

>>16042878
Story behind this pic?

[Anonymous No.16043567]

>>16043304
Years later when they write books about him, his greatest obstacle as a CEO was overcoming the fat memes.
Think about it. Who else can stand the torrents of hundreds of strangers editing photos of you, but you still press on to deliver a product to solve a fundamental problem?

[Anonymous No.16043609]

i kinda feel like if there was a button to kill everyone who has posted on /biz/ instantaneously sergey would do everything in his power to press it

[Anonymous No.16043619]

how do you know that chainlink isnt the myspace of tech that will solve the oracle problem

[Anonymous No.16043644]

>>16043619
no one does

but give me a better decentralized oracle solution to invest in and i will.
too bad it doesn't exist.

[Anonymous No.16043664]

>>16043413
indeed
for those that don't know the original registered SF address for CL was not the 50 california st coworking space but another office that could have been misconstrued as a gutter nail salon

>>16043415
Think about what you're saying. The quintessential insiders have been shown to be fake. The only people with any good information have been smart anons without inside info. Inside info is a lot less valuable than you think it is.

Oracle is committed to monetizing APIs through chainlink. that starts oct 28 and continues forever

MSFT is committed to openzeppelin backing its blockchain offerings. CL is integrated de facto for openzeppelin

just sit back and watch

>>16043442
Again im not an insider- here's something i don't see talked about much. anyone remember those lockheed/mcdonnell threads that kept getting deleted? and tyler tech? that is all, from what i can tell, real too

>>16043505
a motherfucker with millions of dollars a beautiful wife and kids that will one day own yours

>>16043517
yet another shoop

>>16043567
amazing how important public opinion has become
in the past the sentiment of the top was that if the public knew about you, you were doing it wrong

if you're truly at the top there is nothing that the middle or bottom can do to make your life better and a whole hell of a lot they can do to make it worse

[Anonymous No.16043684]

>>16043664
will i make it with 119 link

[Anonymous No.16043708]

>>16043132
you claim to not be a newfag yet don't even know that fudders are holders? how retarded are you?

[Anonymous No.16043718]

if you’ve ever done it you know: staying in shape while on the road like that guy right now is not impossible but it is far from easy.

[Anonymous No.16043724]

>>16043664
what fraction of your assets is in link?

[Anonymous No.16043773]

>>16043718
When I had to do it I had to combat it by not eating which is worse than overeating

[Anonymous No.16043777]

was the big data big mac bloomberg cover a coincidence or are those the sorts of jokes people with billions of dollars make with one another?

[Anonymous No.16043785]

>>16043777
che-ked

[Anonymous No.16043811]

did you just suggest that the chainlink team has the power to delete threads on /biz/ ?

[Anonymous No.16043867]

>>16043664
>The quintessential insiders have been shown to be fake
Wrong. I have been in every link thread for the past two years. There have been atleast three who've proven to be authentic larpers and the information was very valuable.

[Anonymous No.16043883]

>>16042878
The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

[Anonymous No.16043923]

>>16043664
Can I add you on discord please?

[Anonymous No.16043954]

Assuming Link reaches 1000, do you anons plan to cash out or stake?

[Anonymous No.16044023]

bump

[Anonymous No.16044030]

>>16043386
Before end of year. Even when that happens don't expect the price to pump. There is near zero actual smart contract usage right now. I'm not sure where people are expecting all these data requests to come from.

[Anonymous No.16044036]

>>16043609
So would I

[Anonymous No.16044048]

>>16043954
the plan is to lose my private keys and bitch about it on /biz/ for the (you)s

[Anonymous No.16044069]

>>16043777
Checked. Bloomberg confirmed linkmarines.

[Anonymous No.16044094]

So I'm really lazy, like really fucking lazy, but I want to join da occult elite too like my idol sirgay. How do I accomplish this, please keep it simple I also have a very short attention span

[Anonymous No.16044109]

>>16043132
tell Sergey we understand his job is stressful and eating burgers is good coping :^)

[Anonymous No.16044114]

>>16042878

Why should I buy LINK if there is no commercial demand for smart contracts?

[Anonymous No.16044124]

>>16044094
post timestamp picture with
>My Linky stays super stinky
>1000eoy
on your ass cheeks and put sharpie in pooper

[Anonymous No.16044128]

>>16044114
good conclusion, maybe don't buy LINK then

[Anonymous No.16044144]

>>16044114
Why should you not KYS if there’s no demand for you

[Anonymous No.16044217]

>>16043777
Checked. You do know Bloomberg provides the most robust data and insights platform in all of finance right?

[Anonymous No.16044281]

The Telegram ambassadors said that only halal node operators will be validated and that Iman Sergey will personally check to make sure any APIs used on the chain link network represent Muslim values. Could you please elaborate?

[Anonymous No.16044290]

>>16044114
don't

[Anonymous No.16044312]

Thomas told us in Slack that Sergey makes the whole team call burgers "sergers". Has this been trade marked and will Macdonald's release the nothing serger in time for Christmas and most importantly will it be nutritious?

[Anonymous No.16044314]

>>16043609
If you read his quora stuff you can be sure he wouldn't
hes one of the top 0.001% of the world in terms of human quality

>>16043619
That is a risk, but look into the sybil chasm if you don't understand why the risk is low

>>16043684
Maybe in 10 years and if you live in a low COL place

>>16043708
They are holders with weak egos and uncertainty

>>16043718
This anon knows what he's talking about

>>16043724
~20% of total, 75% of liquid

>>16043777
Never attribute to malice what you can attribute to coincidence or blind stupidity

>>16043811
No, but the people who accidentally dox themselves do

>>16043867
Post yuki or warosu

>>16043883
Not sure if this is a question? The flipside is that this poster doesnt understand the difference between nominal and actual value. A deterministic derivatives space will have the same hedging and rederivatizing as the current, just better

>>16043923
You already know who I am just like everyone here who's been around a while

>>16043954
why not be a smart investor and set defined percentage sell points?

>>16044048
as this is biz this may be unironic

>>16044094
Buy link and have patience

>>16044109
You tell him- you're more likely to see him again than me

>>16044114
Because in any market the buyer's demands are the penultimate
If you could buy a derivative that might pay out or one that will pay out, which would you buy?

>>16044124
This has started bullruns

>>16044128
>>16044144
Thanks gents

[Anonymous No.16044322]

>>16044314
no I dont, please give discord contact, I dont have time for questions today

[Anonymous No.16044343]

What did Sergey mean when he said makes sense to vitaliks suggestions of light chains and merkle trees? Will Ari Jews cook up some of that black machine computer science?
Naming is important to chainlink so maybe they will call their merkle trees Merkle Links: decentralized Trees?

[Anonymous No.16044359]

>>16044314
>why not be a smart investor and set defined percentage sell points?
If the ROI from staking is greater than dividend stocks, why would anyone sell? Hopefully staking ROI is at least 5% annually.

[Anonymous No.16044361]

Op are you a discord tranny? Why dont you make a trip to make the (you)s far more enjoyable

[Anonymous No.16044367]

>>16042878
I've been trying to get a straight answer to this question for awhile. Why do LINKers "didn't read, never selling"?

[Anonymous No.16044396]

>>16044367
Because we already generated all the FUD you could possibly have generated and proved it all wrong. That’s why we could hold through everything, even 700k dumps.

[Anonymous No.16044426]

>>16044396

This, honestly. The self-FUD is why /biz/ is so powerful.

[Anonymous No.16044439]

>>16044281
A sad attempt at new pasta
sage

>>16044312
in the course of our lifetimes there is a 50/50 chance that some new rich autist neet pays mcdonalds australia to name the bigmac the serger for a week under false pretenses and thereby becomes the hero biz truly deserves

>>16044322
Sorry your schedule is so packed. You must be very important

>>16044343
Effectively something that is an autoregulated branched blockchain like what polkadot is proposing is hard. Giving the same security assurances to that as to eth mainnet is harder. Wouldn't it just be easier to use a decentralized network of trusted witnesses to bridge chains until all that gets going, if it ever does...

>>16044359
Again, roi and asset price will still vary greatly based on speculation and asset class sentiment. Which is why you could be mature and just be rich in all weather

>>16044361
fuck discord and fuck trips
i'll take a trip when i timestamp my balls

>>16044367
there was a prolonged argument a few months back where various phrases were used to argue over whether shilling or fudding was appropriate after mainnet. That is kind of the pussy third way answer of those who didn't take a side

[Anonymous No.16044454]

>>16044439
Is 540 Link enough to make it?

[Anonymous No.16044477]

>>16044439
Do you think bitcoin's movements over the last couple months was really to mess with link as it's been suggested?

[Anonymous No.16044517]

>>16044477
Further to this, is big dogg right? Have BTC whales been moving over to LINK or is it just a big psyop?

[Anonymous No.16044533]

>>16044454
depends where you live and if you can hold for a decade

>>16044477
Partially yes but mostly no
There are blockchain insiders who have been moving into link, but the real btc sentiment is becoming long term bearish for a few reasons
The original major high value use case was illicit transactions- this led to speculation and margin trading
The issue is that chain analysis is now a potent law inforcement tool, so that use case of BTC is dead. without that there isn't the most important underlying buy pressure
and add this
BTC also used to be the default decentralized asset trading pair. If you wanted to buy some shit like OMG you HAD to buy BTC, if only to then trade it. Now for the most part you don't

So BTC's #1 and #2 demand sources are dying. Supply is of course slowing down as well. Which dies first will determine a lot of long term price action, but trying to grab those pennies between sawblades is a game im not playing

[Anonymous No.16044613]

>>16044533
What are your sellpoints approx?
Was CL founded by Sergey or is he just the frontman?
Why no one's sees the potential of CL outside of biz?

[Anonymous No.16044695]

>>16042987
I need to know

[Anonymous No.16044739]

>>16044533
Is 10k Link enough to make it?

[Anonymous No.16044747]

>>16044533
How often do you visit biz?
How do you minimize the bad influence of being addicted to this place and all news chainlink related?

[Anonymous No.16044764]

How do nodes decide on bad data? In the eth price aggregator for example there is some discrepancy between values but only by a few dollars. When and how is it decided that a discrepancy is false data and that node loses it's collateral.

[Anonymous No.16044769]

Will I make it with 3k link?

[Anonymous No.16044815]

>>16043718
It's incredibly easy. Maintaining a weight is the hard part.

[Anonymous No.16044829]

Been here a long time so I know mostly everything. Just curious about your opinion. Imo the type of industries Link is attempting to leverage itself in possesses the most value and most to lose. So progress is slow and methodical. That being said, I see 2021 being the year of “adopt or die”. Mainet will be fully fleshed out, competition will increase and if a business doesn’t have SCs in their line of sight they will be facing serious loss of market cap

[Anonymous No.16044830]

>>16044533
Which industry and usecase will be the largest network user/demand driver?
What is the next big thing to look for?

[Anonymous No.16044841]

>>16044281
I heard the same too. The Adhan node is also just about the leave testnet.

[Anonymous No.16044863]

Why are people acting like this is an "insider", he's clearly an anon with a pretty typical level of chainlink knowledge.

[Anonymous No.16044864]

>>16044830
ISDA CDM

[Anonymous No.16044867]

>>16043664
>anyone remember those lockheed/mcdonnell threads that kept getting deleted? and tyler tech? that is all, from what i can tell, real too


What makes you think they are real? this would be considered insider info.

[Anonymous No.16044973]

>>16042878
Did you say spoon?

[Anonymous No.16045066]

How long do we have left to accumulate?

[Anonymous No.16045127]

>>16044533
Will there be a minimum amount of LINK required to stake with Linkpool?

[Anonymous No.16045138]

>>16044533
besides technological aspects, have you learned something from chainlink?

[Anonymous No.16045292]

bump

[Anonymous No.16045352]

>>16044439
Only a telegram ambassador would find fud offensive.
Why McDonald's Australia only this is worldwide. No more chains only links

[Anonymous No.16045519]

Brainlet here, here's an interesting one, perhaps.
Even if you think BSV is a scam, what if something like it takes off? And by that, I mean that institutions and big players just put all their data on a big public chain. Regardless of a simple chain swap, would LINK survive in it's current form?

[Anonymous No.16046043]

>>16044314
Link to the quora stuff? I figured anyone with a background of philosophy and/or history would be greatly amused by the real time evolution of the memes. The nazi shit probably makes them uncomfortable but what can ya do

[Anonymous No.16046044]

>>16043883
>something requires $100k collateral
>LINK at $1000, 100 LINK needed for collateral
>LINK price moves up any amount, what happens inside and outside of the contract?
These are the questions that keep me up at night. I should honestly fucking build something.

[Anonymous No.16046204]

>>16046044
It just uses the same tech that trezor uses to lock in BTC prices.

[Anonymous No.16046674]

>>16043076
you mean sibos 17.

[Anonymous No.16046934]

>>16046204
How the fuck can you lock the price of a crypto ass fucker
The market determines its value

I can’t take a 10k bitcoin offline and have it hit 7k in the market and expect my 10k bitcoin is still valued at 10k

Holy retard

[Anonymous No.16046948]

>>16046044
the transactions are instantaneous, that’s the point of the network. It’s not going to fork over an incorrect amount, in the event that collateral is necessary the link will be automatically converted into the currency type specified by the contract (if it specifies one)

[Anonymous No.16047016]

>>16046934
holy fuck you are a newfag extreme

[Anonymous No.16047052]

>>16046934
Kys

[Anonymous No.16047095]

>>16046934
Don’t procreate

[Anonymous No.16047146]

>>16042878

I missed the flush joke can someone explain

[Anonymous No.16047149]

New cryptofag here. So Chainlink works as the following, right?

Some fags want to put data, any kind, on a blochain for everyone to have their eyes on it so 2nd parties or whoever else can't cheat their way out a contract / change the data, stuff like that. The Chainlink system hires a bunch of PC operators and their machines (oracles) to do the work to convert that data into stuff that can be recorded into the blockchain and awards then Chainlink token for the work they've done.

Correct?

[Anonymous No.16047156]

>>16047146
>doesn't even try reading the thread
Kys
>>16047149
You need to lurk more faggit

[Anonymous No.16047192]

>>16047149
contract issuers will define smart contracts with parameters based on whatever needs they have, while contract takers will meet those parameters to do the job. chainlink oracles will read out data in real time to verify that those parameters have been met, with the contract issuer choosing beforehand how many nodes they want to use and what level of reputation they want and how much collateral they need. qualifying nodes will all send info to a different node that will aggregate their responses and forward data that has the biggest consensus. if the contract executes correctly, the contract issuer pays a fee of which all the correct nodes receive a share. if there was a mistake, the contract goes awry, and the network verifies a monetary loss by the contract issuer, the incorrect nodes will split the cost of the collateral between them as a penalty

[Anonymous No.16047227]

>>16047192
If the collateral is split between nodes but, let's say 3/30 nodes fucked the contract up, and the amount fucked was more than the collateral those 3 nodes had staked. What would happen in this situation? Would the correct nodes be penalized to make up for the incorrect nodes?

[Anonymous No.16047248]

>>16047227
The 3 nodes couldn't have participated since they didn't have enough collateral brainlet.

[Anonymous No.16047271]

>>16047248
So each node has to have the full collateral of the entire contract? Isn't that cost prohibitive to the clients? There has to be sufficient payment to have the value of the contract multiplied by 30+ as collateral.

[Anonymous No.16047275]

>>16042878
This threddit needs to die

[Sage No.16047280]

>>16047275
Yep
Sage

[Anonymous No.16047282]

>>16047227
that’s next to impossible because only the consensus data set is forwarded, I assume there will be some kind of mechanism to halt the contract’s execution if consensus goes below a certain percentage because that would indicate massive systemic uncertainty

[Anonymous No.16047364]

idk man do I buy this or what do I buy

[Anonymous No.16047394]

>>16044312

FOMOYOLOMOFO?

[Anonymous No.16047519]

>>16042987
he does it for us.

[Anonymous No.16047527]

>>16047519
For you

[Anonymous No.16047571]

>>16042878
How do Mixicles work?

[Anonymous No.16047573]

>>16043378
I always imagined her as a dignified but kinky fuck. Like she'd let you eat her ass to a modest and appreciative giggle, all the while elegantly concealing her ribald lust for a tossed salad because she's a lady of esteemed upbringing.

[Anonymous No.16047578]

>>16042878
WHAT EVEN IS CHAINLINK. GIB TLDR

[Anonymous No.16047586]

>>16044533
Where can I find the Sibos 17 presentation?

[Anonymous No.16047623]

>>16046934
Go back to your Facebook group nufag

[Anonymous No.16047695]

>>16042878
How dependant is link to eth.
Yes i know what "blockchain agnostic" parroted by every marine means but
>every new reaserch by team is eth-centric
>rorry answered me in slack its it's basically eth or bust

Are we really tied to eths fate?
I mean it could be worse i guess its leading sc platform for now but it makes usmore exposed to risk of failure right?

[Anonymous No.16047708]

>>16047695
>How dependant is link to eth.
Not at all.

>>rorry answered me in slack its it's basically eth or bust
Because if ETH doesn't succeed, smart contracts are likely not going to succeed. That's not to say link can't switch to a different blockchain should it become bigger than ETH.

[Anonymous No.16047729]

>>16047708
>Because if ETH doesn't succeed, smart contracts are likely not going to succeed

Thats my fucking point its not directly dependant on it but indirectly it needs it to succeed .

[Anonymous No.16047733]

"Chainlink Suspected of Being Pump-and-Dump Scam"
https://cryptonews.net/en/news/analytics/213373/

"Chainlink cryptocurrency trading shows signs of pump-and-dump scam"
https://venturebeat.com/2019/09/10/chainlink-cryptocurrency-trading-shows-signs-of-pump-and-dump-scam/
https://cointelegraph.com/news/researchers-publish-evidence-of-chainlink-token-price-manipulation

why is link a scam?

[Anonymous No.16047750]

>>16047733
What a waste of digits you worthless faggot. Chain link $1000 EOY

[Anonymous No.16047822]

>>16047750
>4
$1000 EOY lol

Fuck off with your scam linkies

[Anonymous No.16048076]

>>16042878
are linkpool shares worth holding?

[Anonymous No.16048155]

>>16047733
>linking to a low traffic, low quality advertising blog
Are you even trying to fud

[Anonymous No.16048187]

>>16048076
Probably not at their current price. Staking is not going to generate huge returns for a while, and there will be a competitive range of staking options. Even LP itself doesn't require you to hold shares to stake, it just gives you priority access while the network is young.
I could write a fucking essay on the completely fucked behaviour of the people who bought the LP share crowdsale, but I'll keep it down to just saying it's not worth buying in at this point.

[Anonymous No.16048707]

How long for 1558 links to make it do you think?

[Anonymous No.16048725]

>>16042878
I've always wondered what is stopping huge companies from monopolising nodes pushing out the same tampered data for their own gain whilst flagging smaller nodes for corrupt data? I assume that collectively these companies will have more nodes as the average person won't be able to afford 10k link as price goes up.

[Anonymous No.16048758]

>>16048076
>>16048187
If you are being honest, you should also mention this exact thing was said at 5 ETH, 10 ETH, 15, 20, 30, 40, and now around 50

[Anonymous No.16049485]

>>16044613
I have time dependent sell points as cl has become big enough to affect the trajectory of my life
At certain financial milestones I will be leaving my current job and starting a business
smartcontract was founded by sergey which is how he figured out the trust/oracle problems in digital agreements, chainlink is exactly what he says it is
#1 the important people fully get it like Gonser
#2 the fact that every public facing normie portal is full of autist fud isn't nothing

>>16044695
Probably the played out decision fatigue trope that marks lots of tech nerds

>>16044739
Yes, especially if you have the discipline to not sell it all before complete market penetrance

>>16044747
Every day
It keeps you mentally strong and skeptical- it's my version of upright citizens brigade's ass pennies

>>16044764
See above, this is use case configurable. More value means more redundancy

>>16044769
See above, 3x slower than the 10k guy

>>16044829
I generally view cl as keeping with other technologic projects in that the initial value demonstration will be of the easiest implementations but the greatest value add will be the harder implementations with multiple parties and data providers that currently eat up huge amounts of human labor and business cost

>>16044830
Early on insurance and derivatives
Mid B2B
Late everything

>>16044863
That's exactly what I am

>>16044867
A few private conversations. To be clear these were not hard confirmations. The kind of people who have that kind of knowledge aren't that sloppy

>>16045066
Under $10 basically until 4chan decides to pull down the veil and leverage that same energy into shilling
After that like serg says it just take one earnings call where a legacy institution suddenly has $10mm more revenue or $10mm lower back end costs and accumulation is over

>>16045127
I know almost nothing about LP except that their initial staking limits will be low, which is why i didn't buy

>>16045138
Cont'd

[Anonymous No.16049523]

>>16045138
It confirmed the best piece of investing advice ive evert got: the earlier stage the project, the more human quality matters. Human quality specifically being intelligence x experience x morality. If you're investing early stage don't give them a cent if you wouldn't let them raise your kids

>>16045352
Greatest hits

>>16045519
Scams in emerging markets will always pump because the investors are dumb. The only people who get rich off those pumps are the original scammers dumping on retail money

>>16046043
Its pretty easy to find

>>16046044
Many options:
1. price mark for the contract that lasts for the duration
2. required overcollataralization by x%
3. The smart answer: a secondary market of smart contracts that provide gap coverage in this instance (for a small fee of course :)

>>16046204
I can't believe people fell for this one

>>16046674
Yep, correct

>>16046934
Getting leveled?

[Anonymous No.16049525]

>>16049485
Okay, now the price target for EOY 2019 and 2020

[Anonymous No.16049602]

>>16049523
why is the price so low if everything's true?

[Anonymous No.16049622]

>>16043609
That would kill Thomas though

[Anonymous No.16049625]

>>16046934
Normies get out Reeeeeeeeeeeeeeeeeeeeeeeeee

[Anonymous No.16049651]

>>16042878

When will linkfags realize this shit is a scam and finally dump their bags and realize they are newfag shitcoiners?

[Anonymous No.16049669]

>>16049523

How does it feel to be a shitcoin promoter?

[Anonymous No.16049687]

>>16049651
>>16049669
https://www.binance.com/en/blog/394373386380349440/Connecting-Binance-Data-to-NextGen-DeFi-Applications-Using-Chainlink-Oracles

[Anonymous No.16049693]

>>16043777

Checking those big 777

[Anonymous No.16049704]

>>16047146
See above about sibos 17

>>16047149
Kind of yes, but the most important aspect is data assurance by aggregation for triggers and secure/verifiable API actions for outputs (especially bank payments)

>>16047192
This is how the late stage data trigger portion is supposed to work. Initially it won't be that complex and will just slash for nonresponse

>>16047227
No, the contract would not let those 3 nodes participate if they were not adequately collateralized

>>16047248
This

>>16047271
Only if the contract creator wants that. In reality there will be derivatives of derivatives just like there are today

>>16047275
Nah

>>16047282
All definable by the contract
Why do you think contracts law groups and arbitration groups are so into this stuff?

>>16047364
Maybe you should look into it

>>16047394
loredeepest?

>>16047571
Read the whitepaper
Essentially multiparty execution scheme that allows for obfuscation of some aspects of a smart contract. I suspect that was built expressly for one big customer

>>16047573
The quintessential grande dame

>>16047578
Its not for you

>>16047586
I don't have a link off hand. The early meetups were better for info anyways, they can be found on youtube

>>16047695
CL is dependent on eth right now only for the transfer of the link token for payments. Most of the initial executions of smart contracts will be on permissioned chains. Hence the "chainlink transfer network" meme

>>16047729
The team is smart enough that if ETH does anything short of outright dying, they can work around or port to another chain...ever wonder why they're so big on chain interconnectedness as a use case?

>>16047733
If you think its a scam I'd recommend following the pivotal and paying someone facile in golang to review their github for you

>>16047750
Maybe not this EOY, but an EOY not far away

>>16048076
Depends on if they get lots of competition and if their rentable contracts take off.

[Anonymous No.16049710]

>>16049687

Are you fucking retarded?

>omg partnerships
>omg binance!

You’re either a newfag or a scamming shitcoin promoter, there is no other option.

Bumping this thread for new fren visibility.

[Anonymous No.16049728]

>>16049710
>binance itsellf will also use chainlink
>oMg r U rEtArdEd, I duNt HeV aN ArgUmEnT, wY wuD u BuY dIs ScaAm? xd

[Anonymous No.16049730]

>>16048187
This is a good downside argument

>>16048707
How much do you need to make it

>>16048725
Read the sybil chasm post i referenced- if you were a corporation would you pick
- one big payout and ruin your reputation forever
- lots of little payouts and the death of your competition while maintaining your good name

>>16048758
This is a fair bullish point

[Anonymous No.16049748]

>>16049728

Binance is a centralized exchange retard,
What difference does it make if they are “using” chainlink

They never will because it’s just another shitcoin promotion to dupe you newfags into hype and promotion so you’ll buy more so they can dump on you retards.

[Anonymous No.16049760]

>>16049525
I don't have a price target, i have time dependent sells
It would surprise me if cl was above $10 this year and below $10 net year, but what do i know

>>16049602
Dont underestimate the power of hateful neets driving away all retail speculation

>>16049622
It would surprise me if Thomas ever came here since he seems like such a kind person. But literally everyone lurks biz so maybe

>>16049625
Exactly

>>16049669
Good

>>16049710
Are you just mad to be mad?

>>16049728
I don't know who is trolling who here

[Anonymous No.16049761]

>>16049730
>How much do you need to make it
depends on what you are happy with.
1K is enough for a shared flat with an unemployed stoner, in some rundown midwest suburb and enough bus tickets for 5 years to get you to your wagecage, if you sell eoy

[Anonymous No.16049796]

>>16049760

Re-examine you’re life anon. Do you want to be 85 years old and remembering back on how enthusiastic you were at promoting a scam to people over the internet?

[Anonymous No.16049810]

>>16049796
Thank you for your financial advice. Glad to see there are still people here that genuinely care about the financial well being of others. I trust you and will sell all of my links immediately. Thanks again.

[Anonymous No.16049821]

>>16049810

Go ahead and keep holding friendo, surely you will be greatly rewarded in the coming years lol

[Anonymous No.16049833]

>>16049821
thank you friend :)
also don't forget my dca is around 35 cents :)

[Anonymous No.16049842]

>>16049833

Did you know that there were dozens, if not hundreds of coins that went 10-100x in 2017 that if you kept holding them are now worth nothing with no chance of recovery?

Keep holding strong!

[Anonymous No.16049864]

>>16049842
it's funny because when everything x10-x100'd it was the biggest, craziest bullmarket, but you forgot that link performed the best in the 2018 bearmarket when everything bled out, and still outperforms the entire market by a huge margin :)

the fact that you are so stubborn and literally cant stop fudding a random link thread, and literally cant stop replying, is enough for me to keep holding :)

pic related :)

[Anonymous No.16049877]

>>16049761
Dont forget the element of time
For reference BTC make it stacks:
2013: 10,000btc
2014: 1000
2017: 100

At current 2 years from ICO 500k link is a make it stack...

>>16049796
Learn the difference between you're and your the next time you're thinking about trying to be a cool biz dude

>>16049833
Good for you anon, I hope you get rich

[Anonymous No.16049903]

>>16049864

Have fun new friend, we’ll still be here when you lose all your money

[Anonymous No.16049916]

>>16049877

Triggered by a typo, typical linkfag shitcoiner

[Anonymous No.16049922]

>>16049877
>+- 1 Million dollar
>Make it
ehhh, no, unless you are living in South America

[Anonymous No.16049925]

>>16049903
nigger, haha, biz is fucking dead, everybody got justed so fucking hard its ridiculous, daily post number is almost at an ATL, look it up
meanwhile I just held for more than a year, and I'm up so much currently I cant even, folio is almost at ath, its crazy
literally the only people who didnt get justed beyond belief are link holders
and the most bullish fundamental changes are still coming out
its probably the only ico thats going stronger than ever after 2 years
2 years and things are accelerating
most icos volume and price dropped 99% from 2017
nigger I cant even comprehend how can someone be so fucking stupid as you, putting so much effort into shitposting and fudding link hahahaha like nigga just filter link if it triggers you so much hahahahahah
you cannot believe how comfy I am right now
are you saying you've been here longer than link and still haven't made it, MEANWHILE I'm at an ath? like lmao this is so surreal hahahahahah
keep posting my nigga you are hilarious

[Anonymous No.16049936]

>>16049877

You forgot one thing genius

BTC has fundamental value due to the way it’s ledger is secured

LINK is a centralized scamcoin

prepare to get dumped on like every other scam coin project

[Anonymous No.16049941]

>>16049925

Holy shit look at how triggered this fag is that an anonymous poster on the internet just called his scam coin a scam

Wow
Just
Wow

[Anonymous No.16049961]

>>16049941
>i-im not t-triggered, h-how dare you
>y-you k-know w-what? y-your triggered!
>[reeeeeeeeeeeeeeeees in a link thread because he got triggered]

[Anonymous No.16050086]

What do you think of link twitter?

[Anonymous No.16050249]

>>16049916
You're very upset by this thread
I feel bad for you

>>16049936
By this argument you should only buy gold

>>16050086
It seems some of the smarter biz posters migrated there during the fud/shill wars
A loss for biz but the crucible survives

Have fun and be good anons, goodbye

[Anonymous No.16050271]

>>16049941
this faggot is the pope of cope

[Anonymous No.16050560]

>>16044114
Damn. You really know your shit.

[Anonymous No.16050619]

>>16042878
Does Sergey have a girlfriend? If not, any tips on how to attract him?

[Anonymous No.16050667]

>>16050619
bath in BigMac sauce and be able to talk hours on end about the question of how much risk mitigating contracts is worth and why

[Anonymous No.16050753]

>>16050619

> Does Sergey have a girlfriend?

Yes, she goes by the name of /biz/

[Anonymous No.16050770]

>>16049704
I wanna watch the Sibos presentation to hear the toilets running

[Anonymous No.16050848]

>>16042878
Thanks for this thread fren!

[Anonymous No.16051006]

What about the no one uses it fud? And that the jews wont let something like link happen? Its seriously a threat to their corruption... Also got 7.5k and am so thankfull that i found it early and bought at around 30cents. Should have bought more though...

[Anonymous No.16051164]

>>16049833
But anon-kun, in order for you to sell, someone has to buy.
If the project fails or turns out to be scam, news of this will travel fast and noone will buy.
Surely you haven't invested more than you can afford to lose, right?
Anon-kun?

[Anonymous No.16051646]

>>16049730
plz still be here. just need about 3k per link to make it

[Anonymous No.16051674]

>>16051646
different posting ID cuz no longer on mobile

[Anonymous No.16051693]

>>16051164
>news will travel
you miswrote paid advertising that nobody cares about

[Anonymous No.16052136]

>>16049936
I can smell your cunt.