/biz/ - Business & Finance

[Anonymous No.16741280]

It's unironically over. staking wont happen for another year.

[Anonymous No.16741285]

>>16741280

[Anonymous No.16741292]

>>16741280
Good. Looks like I can accumulate another make it stack.

[Anonymous No.16741302]

Nice, more LINK below $1 to buy

[Anonymous No.16741309]

do they have over 5 employees now with the new hire?

[Anonymous No.16741328]

fake news

[Anonymous No.16741333]

>>16741280
>black lady

Thanks just sold 100k

[Anonymous No.16741334]

Too lazy to figure out what the renamed the service agreements took

[Anonymous No.16741359]

pretty obvious staking won’t be anytime soon. what is more concerning is that the big „industry project“ that is working with all the „big boys“ is getting mainnet traffic only by literal who’s that are completely irrelevant

[Anonymous No.16741380]

>>16741280
"So Thomas said that this year expect atleast testnet for staking"
you thought you posted fud but this is actually fucking great
ty retard

[Anonymous No.16741400]

Accumulation then it seems, never selling fuckers

[Anonymous No.16741438]

>>16741400
Kek I fucking love coming to biz and laughing at brainlets like you

[Anonymous No.16741474]

The smoke is cleared and the mirrors are broken

[Anonymous No.16741477]

>>16741280

You moron. They confirmed staking on testnet this year. What's wrong with that? Staking still could be this year after testing.

[Anonymous No.16741488]

>>16741280
Wait until sub 50 cents, start accumulating.

Buy FRM in the mean-time and stake that.

[Anonymous No.16741498]

Nothing is confirmed. It’s just a goal, but delays happen all the time, but who cares? Ethereum hit over 100 billion market cap years ago and Eth staking still isn’t out today.

[Anonymous No.16741510]

>>16741477
>two integration engineers
>testnet staking might be ready later this year
It could become everything it's been memed to be, but it will take half a decade before use drives price.

[Anonymous No.16741516]

Lmao the dump plus the ico is like what 90 million? This is what you paid for 90 million? Zero users.

Wasn't the joker made with like 90 million.

[Dutchbro No.16741523]

>>16741359

So much this

[Dutchbro No.16741529]

>>16741498

Eth reached those heights due to a speculative frenzy ponzi scheme. It had nothing to do with the quality of ethereum itself.

[Anonymous No.16741533]

>>16741280
Selling and buying sub $1

[Anonymous No.16741550]

>>16741529
seems pretty obvious that link has more speculative potential than eth ever had or will have

[Dutchbro No.16741568]

>>16741550

You want to gain due to real value creation not wait/hope for a speculative boom.

[Anonymous No.16741572]

>>16741510

Projects are using mainnet now.

It will take less then half a year after staking for chainlink to be at $100 because clients will already be using the network while hundreds of teams have already integrated

[Anonymous No.16741576]

>>16741529
Exactly. ETH hit $1500 as an incomplete project and today Eth is still no where close to completed.

[Anonymous No.16741581]

>>16741568
if you're doubting that there will be real value creation then you haven't done all your research. if you know you know

[Anonymous No.16741600]

>>16741572
There's not going to be a precipitous climb like that except over the course of years. Everything has happened in small, deliberate chunks. Contracts requiring only one oracle function took over six months to implement, and this was for early adopter blockchain specialty teams. Trad businesses are going to move slow as fuck compared to them even if they know that they can be assured of cost savings, and they won't be assured of those things until they stress test the tech for themselves and see other people with similar needs succeeding with a mainnet implementation. There's a whole assload of work and bureaucracy that needs to happen before the memes become reality.

[Anonymous No.16741601]

Half finished chainlink will moon after they have a dao type event and then fork chainlink to save it. Normans will interpret this as bullish because they're tards

[Anonymous No.16741613]

>>16741516
The joker is jew brainwashing for the goyim so whats your point my little goy?

[Anonymous No.16741656]

>>16741523
>so much this

Edit: Thanks for the gold kind stranger!

[Anonymous No.16741824]

>>16741302
You can make it by then by simply dumping Chainlink and buying BCH.
But you missed $4, and you'll miss it for yet another year.

[Anonymous No.16741852]

>>16741600
Fomo will spearhead the usage of the chainlink network. Trad companies won’t wait for their competitors to take the risk and try new technology because it could cost them everything. Android was late to the party by 2 years and you can see what that cost them. Technology is moving at a rapid rate and not adopting new technology could potentially cost you market segments lost to competitors. Companies aren’t retarded like Bizlets

[Anonymous No.16741863]

>>16741852
>companies arent retarded like bizlets
Say what you want but i got my stink stack and wont sell it.

[Anonymous No.16741865]

>>16741280
>>16741285
Whoa, some guy is posting pics of another guy saying that another guy claimed THAT??

[Anonymous No.16741880]

>>16741865
>hodges is just a guy
The absolute state, please remove your genes from the pool.

[Anonymous No.16741881]

>>16741292
kys faggot

[Anonymous No.16741886]

>>16741880
When he's two degrees of separation removed in the order of gossip, he's just a guy yes.

[Anonymous No.16742048]

yeah, i'm thinking i'm going all in bsv

[Anonymous No.16742054]

I'm under the impression that no one knows jack shit except Sergey and Steve, Thomas is essentially a code monkey.

[Anonymous No.16742058]

>>16742048

This is what I did at $3.20 and $2.85

[Anonymous No.16742061]

>>16742058
i'm a bit late but better now than never

[Anonymous No.16742070]

Enigma staking will soon he possible. Like in 2-3 months.

[Anonymous No.16742073]

>>16742061

I'm so glad it dipped down to double digits again, god bless this stupid ass market

[Anonymous No.16742077]

>>16741280
I’m getting $200K next month. I’ll buy so many fucking Linkies if it dips under $1

[Anonymous No.16742096]

>>16741600
Correct.
>>16741852
Incorrect.

[Anonymous No.16742100]

>>16741852
Such wishful thinking. Look at how long it took for US hospitals to switch to EHR systems. Literal years even though it was obvious that they would save a lot through adoption. Shit, it still took years even though they got tax breaks to do it.

[Anonymous No.16742109]

Time to switch to Fantom linktards. Staking has been out for a week.

[Anonymous No.16742120]

>>16742100
The exception is another massive btc-led bullrun similar to 2017 when everything was mooning violently. That’s likely the only way we will see even double-digit chainlink before eoy 2021.

[Anonymous No.16742133]

i fail to see how this is fud. this sounds good to me, integration is extremely important right now above all else. and testing staking first is important as well. link will create so many projects on many levels. we are early

[Anonymous No.16742156]

>>16742120
I don't see why that would happen though. Halving will generate gains for btc if demand doesn't drop, but there's no big meme like icos and btc forks to bring in suckers and churn 10x gains on every project like in 2017. Link could bring that kind of attention to itself, but we know that's gonna be slow.

[Anonymous No.16742177]

>>16742120
>That’s likely the only way we will see even double-digit chainlink before eoy 2021.
3 or 4 google/coinbase tier events could do it

[Anonymous No.16742254]

>>16742054
I second this sentiment.

[Anonymous No.16742706]

kek what a shticoin

[Anonymous No.16742741]

>>16741280
>he thought a memecoin would make him rich

[Anonymous No.16742790]

>>16741280
>>16741285
lmao, if they thought they could do some actual business they'd have a team of people. having one developer at a time is a ploy to buy time so they can unload on bagholders slowly before the entire market realizes that this shit is worthless, along with all other erc20s

[Anonymous No.16742806]

>>16741328
Whether Thomas has said that or not, it's the most probable roadmap. Staking testnet in Q2-Q3 2020 and staking in mainnet along 2021. I've been saying this for a year already. I'd rather have it this way, with users

>>16741477
The network took 15 months in testnet before going live to mainnet

[Anonymous No.16742821]

>>16741280
>staking wont happen for another year.

Staking will be announced in the final half of the golden bullrun. CNBC will shill it as "The next Ethereum, a unicorn crypto startup working with Google, Oracle, Microsoft, and the SWIFT network of over 11 thousand banks! Staking the coin gives you 15% returns! It's a Strong Buy! Here's how to stake it on Coinbase..." This will push the price of LINK to over 1000 USD as normies and boomers flock to stake LINK on Coinbase for passive income.

Waiting will be the hardest part, but the patient will be rewarded. We're all going to make it.

[Anonymous No.16742855]

>>16741280

lmao, you faggots do not get it

No one in the "team" has been qualified for *anything* what they are supposedly doing.

Sergay cannot analyse or design (no math background), cannot code or even test (no cs background) cannot do anything but stay on stage for another shitshow.

The rest are mere nobodies, mediocre at most.

What kind of things are you expecting? $1,000 eoy? It is seems more like $0,001 eoy faggots.

Just stop daydreaming and consider this lmao

[Anonymous No.16742862]

>implying staking is important at this point

[Anonymous No.16742863]

>>16742855
thanks ranjeesh, just sold all my link

know any sweet desi aunties who want to choos my lund?

[Anonymous No.16742901]

>>16741852
Trad companies are slower than anyone. Most companies just don't give a shit because guess what they have billions and billions of revenue. Do you think the CEO gives a shit about some irrelevant little technology or any of the major employees who are pulling in millions of salary yearly? You've got no fucking idea how corporations work. The bigger they are the less shit they will give about any new technology popping up. Their interest is in consolidation of power under one single umbrella, not some decentralized shit.

[Anonymous No.16742905]

>>16742821
it's actually been confirmed that the Swift, Google and Oracle partnerships are fake and fraudulent so no, that won't happen.

[Anonymous No.16742924]

>>16742901
That is true only when tech development is stale, in the long run they risk becoming dinosaurs.

[Anonymous No.16742954]

>>16742905
Sorry I'm not meant to say anything in these threads but it pisses me off when people talk shit about our project.

All three partnerships are real and I'll give everyone in this thread 10k LINK each if isn't confirmed by said entities numerous times through 2020 as adoption is formalized.

[Anonymous No.16742956]

>>16742924
WHO risks becoming a dinosaur? all massive companies eventually become replaced by someone else. chainlink is too small of a project for any real institution or corporation to reach out and use it. tell me WHICH PERSON inside those institutions is going to do that? all of those people are pulling in millions annually and their interest is to MAINTAIN status quo and create monopolies, so that NOTHING happens and they can keep pulling in millions of salary until they die or switch places.

The only institutions interested in Chainlink might be those who are already at this point in danger of going underwater and need a radical solution against their competitors OR new small to midsized institutions who need a radical technological advantage to make that jump to big players.

What the fuck is Sergey doing marketing with this idiotic meetups and focusing crypto space? I have no fucking clue. If he knew anything about business he would have a working case sample and have it delivered to every company that fits the above description. But I have a sneaking suspicion that he is doing none of that and that he has nobody hired who is doing that. Because he is a PHILOSOPHY major and thus completely clueless as to how actual business works, just like most of this board. If Chainlink succeeds it's going to be in spite of itself, because it is clear the business know-how of the team is ridiculously low.

[Anonymous No.16742968]

institutions will buy link because believe in sergey, they wont care that his team is only 3 deep part-timers that won't be able to provide support

[Anonymous No.16743005]

>>16742956
I have never seen a project raise more money and accomplish less and at such a slow pace as Chainlink. This Russian bastard actually thinks going to Google and them saying "hmm interesting" is a positive sign. This philosophy major went to the biggest business in the world and shilled them an idea that should be shilled to businesses who are interested in subverting the status quo not maintaining it. Can you believe that? He has a tool for competitive advantage and he shills it to the one company that does NOT need it. So of course they go "yeah that's a nice idea Sergey, how about a blogpost?" with a pat on the back. My god, I'm holding Chainlink just for the idea but the business incompetency of the team is making me consider selling everything.

[Anonymous No.16743102]

>>16742954
no, all partnerships have been proven fake and fraudulent.

Undeniable proof:
>1+ year test net
>6 months main net
>nobody can name a single dapp with users using Chainlink oracles in production
>(with proof link to dapp.com/dappradar/etherscan)
>Linkers: this is bullish!

>>16743005
Decentralized oracles would be awesome. Chainlink has literally no clue how to accomplish that. Their centralized KYC oracles literally have no decentralized component and didn't push the research or development of decentralized oracle by even 1%. It is literally a confirmed scam at this point.

And yes I have read the whitepapers and I am a developer. Nothing in the whitepapers describe how they will accomplish decentralized oracles. It's just high level concepts that have a million flaws each, and no rebuttal or implementation details about those flaws, i.e. it's a literal scam.

[Anonymous No.16743111]

>>16743102
Thanks for looking out for my financial wellbeing anon!

[Dutchbro No.16743125]

>>16743005
This, I get more the feeling that its just an experimental academic project instead of a real business. A lot of “what ifs” , and theoretical blog posts of what “could” work. The “adoption” which isn’t real are just shitty crypto projects with no real worle value. I still have small hope of them building huge things behind the scenes

[Anonymous No.16743134]

>>16743125
you just defined this whole crypto experiment

[Anonymous No.16743142]

>>16743125
>I still have small hope of them building huge things behind the scenes
It's been 3+ years and 40 million in development, plus considering how scammy they've been with all the fake partnerships, if you still have any hope at all you're a literal retard. The entire project is pure fraud

[Dutchbro No.16743145]

>>16743125

Also if the huge upside potential is so huge, why don’t they hire a big team of developers funded by VC money. The whole thing is so amateuristic.

[Anonymous No.16743147]

>>16743005
>This Russian bastard actually thinks going to Google and them saying "hmm interesting" is a positive sign.
Jesus Christ the spin you guys put on these things.

If you spent half that creative energy into actually doing something constructive you'd be insanely rich.

[Anonymous No.16743155]

>>16743142
>fake partnerships
Why would Google Cloud do that?

[Anonymous No.16743168]

>>16743155
Google Cloud was thoroughly exposed as a fabrication. It doesn't exist.

[Anonymous No.16743240]

>>16743145
with the amount of money they raised you'd be expecting them to have an army of geeks working on tech development and then an army of pro marketing experts and most importantly Sergey himself walking DOOR TO DOOR to EVERY SINGLE DAMN institution that DESPERATELY needs competitive advantage with a USB in his hand and presenting the exact numbers Chainlink could do FOR THEIR COMPANY. This is not so hard guys, this is how business works.

Instead you have the guy going to the one company like Google who are mostly interested in consolidating and maintaining the status quo in the market and shills his Chainlink idea around in some sort of meetups for geeks and shit and the only adoption you see is by other literal crypto whos.

I get if Sergey is shy and awkward and can't deliver pitches to institutions, but with all the money already invested into Chainlink, which is millions of dollars, why doesn't he then hire competent people who can do that for him? Why does this with such a large amount of money raised still feel like a bedroom project when it is supposedly being marketed as a real-world application? Come on. It's not that freaking hard to understand what needs to be done, especially with the amount of money they have. But I'm seriously starting to think I overestimated Sergey's business IQ, this guy might be more interested in crpyto space, changing the world, meditation and philosophy.

[Anonymous No.16743253]

>>16743240
>Sergey only went to Google and nobody else

What the fuck is wrong with you?
Why are you spending all this time shitting out headcanon like this?

[Anonymous No.16743274]

>>16743253
it is unprecedent that a project would have such poor business development. its a good idea, but the execution has been abysmal so far. there's really no way around it. unless they are doing major pitches behind the scene, but based on what's out there, it seems incredibly unlikely.

[Anonymous No.16743284]

>>16743274
The users they have right now perfectly correlate with the utility they offer right now.

But that has nothing to do with you making up stories about how "Sergey only went to one company to shill Chainlink".

[Anonymous No.16743287]

>>16741280
Just sold 100k

[Anonymous No.16743290]

Meanwhile sirgay is tweeting that he's busy playing flash video games... It's over

[Anonymous No.16743298]

>>16743125
honestly the whole „industry project“ narrative and that link is playing with the big boys should be accepted as dead by now. no way they would only mess with literal whos the way they do right now if they had all the institutions lined up. they never meant insurance etc they meant shitty decentralized insurance startups that will take years to even have a chance of having success. they didn’t mean banks they meant defi projects that will have some hundred dollars of trading done over the network a day.
meanwhile they are shilling to literal whos and calling for the community and new devs and projects to approach them. the fucking CEO is attending shitty crypto conferences to shill to low market cap crypto startups while having partners that literally exit scammed because they can’t come up with actual usage by a real company.
the whole fairytale of the big banks and the „industry token“ basically came from assblaster who was proven to be a larp by now and you faggots should actually lean back and maybe rethink your investment because last years was most likely as big as it gets for yet another „imagine if we used blockchain for everything“ project that is destined to either fail or at the very least is going to loose you all your money because you were retarded enough to fund a research startup that only makes money the exact same way ripple does, by dumping on absolute donkey brains like you „marines“
meanwhile you will discredit everything as fud while even actual investors like NR are telling you that this cultlike behavior is clogging your vision with bias.

wake up from your little dream world and start working on yourself and don’t rely on a one in a thousand chance that you’re gonna get rich from a 10k investment in a space that’s basically going to completely get raped and copied by the actual financial elite you cucks

[Anonymous No.16743300]

>>16743111
Checked. Always feels comfy when biz anons try to save me

[Anonymous No.16743301]

>>16743284
you just posted cringe bro

[Anonymous No.16743305]

>>16743298
The users they have right now perfectly correlate with the utility they offer right now.

[Dutchbro No.16743306]

>>16743284

I offer shit, therefore pajeets are using it. This is bullish in your eyes. What a stupid anology.

[Anonymous No.16743322]

>>16741400
>Accumulation then it seems, never selling fuckers
my original investment thesis was proven wrong, but nevermind i'll just kms.

[Anonymous No.16743329]

>>16743298
t. bought sep 2017 and sold after googles „partnership“ announcement. you fucking nuggets should go back and look for some of the things that were predicted that were more than just off but plain wrong. nothing is true, you are living inside your own reality while feeding it with extremely biased delusions that you made up off obscure connections and muh-dots

[Anonymous No.16743332]

>>16743306
>shit
I wouldn't call 7 months of perfect oracle data integrity "shit", anon.

And you're supposed to start small.

[Dutchbro No.16743350]

>>16743332

Right and who is using it ?

[Anonymous No.16743352]

>>16743350
The point is to prove that decentralization yields perfect data integrity.
And if you build it, they will come.

[Anonymous No.16743378]

>>16741359
Can someone elaborate on his concerning this actually is?

[Dutchbro No.16743391]

>>16743378

We all thought chainlink was some corporate project but it turns out its just limited to shitscams producing nothing of value in the real world e.g. Synthetix

[Anonymous No.16743396]

>>16743391
>We all thought chainlink was some corporate project
lmao no we didn't.

Smart contracts are peer-to-peer contracts, which largely promise to cut out middlemen like banks and other large corporations.

[Anonymous No.16743413]

>>16743284
>But that has nothing to do with you making up stories about how "Sergey only went to one company to shill Chainlink".

you are functionally illiterate. read more so that you can grasp the meaning of the text.

[Anonymous No.16743414]

>>16743396
>Like banks and other large corporations
You mean companies like Google and SWIFT? The absolute state of bagholders

[Dutchbro No.16743419]

>>16743396

Yes we did. Thats why Vitalik is so salty about Link, its pro corporations. They are supposed to improve business efficiency, not make them obsolete.

[Anonymous No.16743427]

>>16741523
>>16741529
>>16741568
>>16743350
>reddit spacing this hard

[Anonymous No.16743435]

>>16743305
so after hundreds of millions and years of development their utility is shit and scamcoins? bullish

[Anonymous No.16743443]

>>16741280
>>16741285
Unironically bullish

[Anonymous No.16743449]

>>16743419
>Yes we did.
No, we literally didn't.

Smart contracts are extremely beneficial to corporations, but in essence they are peer-to-peer.
Like Bitcoin was peer-to-peer cash, smart contracts (with oracles) are peer-to-peer financial products.

[Anonymous No.16743451]

>>16743419
>namefag is a fudder
Imagine my shock

[Anonymous No.16743459]

>>16743413
Her's what you said: >>16743240
>Instead you have the guy going to the one company like Google

[Anonymous No.16743470]

>>16742133
They're just dumb poor pajeets trying their damndest to FUD, fren

[Anonymous No.16743474]

I’m out I’m done I’m free.

I bought 15,000 of these rotten scam coins for $3.09 each costing me almost $50,000.

Ever since that day I’ve been living in a constant state of anxiety and fear. Refreshing my portfolio ten times and hour and scouring this shithole for glimmers of (false) hope.

Now there’s no denying that it’s a scam and I know with certainty that I will never recoup my losses so I may as well exit now.

Yes I have lost $20,000 but I have gained peace of mind and freedom from this god damned poisonous pit of lies and deception.

Fuck that fat Russian pig, fuck his harem of oafish sows and fuck the mods for protecting scammers by hiding their pajeet flags.

I can’t wait to watch this scam crash sub-zero.

[Anonymous No.16743475]

>>16743352
>And if you build it, they will come.

this is the mentality of Sergey and its not how business or institutions work. If they didn't have the business IQ of a brainlet they would call insitutions that are either: 1) growing but can't break into larger market segments and need a competitive advantage 2)former or current big institutions who are rapidly losing share to their competition and need competitve advantage to re-shape themselves

and ask them, how can we make this work for YOU. instead their biggest acomplishment years and hundreds of millions dollars later is an ETH price feed. Not that there is anything wrong at using price feeds as a usecase to shill to institutions, but nobody will just come to you with their suitcase full of money open because you have a crpyto price feed.

[Anonymous No.16743480]

>>16743298
>going to completely get raped and copied by the actual financial elite you cucks
this is the phrase that always shuts up linkies.
>critical thinking human: why wouldn't the cftc, nasdaq, jp morgans, etc etc just make their own oracle? in a situation where its all about connections, what is chainlink bringing to the table?
>dumped on linkie: 1000 eoy! you're jealous!

[Anonymous No.16743481]

>>16743459
you've never read books and don't understand metaphors, allegories or allusions do you? fuck this shit makes me want to sell even more.

[Anonymous No.16743484]

>>16743475
>someone took the time out of their precious life to write this

[Anonymous No.16743487]

>>16743475
Chainlink is about decentralized oracles.
The first thing they did was prove that their oracles can inherently provide perfect data integrity, proving their superiority over centralized oracles.

Everything else follows from there.

>>16743481
How the fuck is that a metaphor, allegory, or allusion?

[Anonymous No.16743493]

>>16743480
And how are they going to decentralize it, retard?

[Anonymous No.16743494]

>>16743480
>why wouldn't the cftc, nasdaq, jp morgans, etc etc just make their own oracle?
Because they won't have the network.

[Anonymous No.16743500]

>>16743487
prove to whom? you don't realize this isn't about a crypto space revolution do you? that's never going to happen without large players ok-ing and subverting the movement, the only way to do large-scale business is by playing with large-scale players. fuck me there are people on this board who are completely retarded.

[Anonymous No.16743505]

>>16743493
It’s literally twelve lines of code that an UpWork pajeet could come up with in 2 hours for $12.

[Anonymous No.16743507]

>>16743500
>prove to whom?
Everyone who has or will have an interest in smart contracts.

[Anonymous No.16743513]

>>16743487
it is a symbolic statement. when i say Sergey should be going door to door, I don't mean he would be ringing on a bell of literal doors. now apply a similar metaphorical logic to the sentence you are quoting and start reading some books.

[Anonymous No.16743515]

>>16743505
The value is in the network.
The code is open source; it's literally free.

[Anonymous No.16743520]

>>16743513
>it is a symbolic statement
And what does it symbolize?

[Anonymous No.16743529]

>>16743520
his low iq

[Anonymous No.16743530]

>>16743513
If you know so much about business maybe you should go make one of your own instead of raging on the internet, i dunno, just a thought fren :^)

[Anonymous No.16743540]

>>16743507
you don't understand do you? no major institution is going to have an interest in smart contracts unless there is someone who shows how this thing is going to make money for THEM specifically. this is what Sergey should be doing, instead he is trying to create some kind of crypto financial space revolution like the brainlet philosophy major he is. which is why he has NOTHING to show for it millions and years later. there is NO institutional business marketing program in Chainlink so far, it acts as if it was a research program or a NGO instead of a business with investors. that is why it is either going to fail or succeed completely in spite of itself.

[Anonymous No.16743546]

>>16743540
>no major institution is going to have an interest in smart contracts
Except they already do.

[Anonymous No.16743549]

>>16743540
blah blah blah

[Anonymous No.16743551]

>>16743540
Imagine not knowing what any of the biz dev hires are for or what they do

[Anonymous No.16743555]

>>16743520
it symbolizes the idiotic institutional strategy of Chainlink. what else do I need to spell out for you?

[Anonymous No.16743562]

>>16743555
So when you said Sergey only went to one company to shill Chainlink, you actually meant what exactly?

[Anonymous No.16743564]

>>16743494
>Because they won't have the network.
yes because jp morgan will never be able to get other people to align with them because history has shown ppl hate money

[Anonymous No.16743569]

>>16743546
again. "oh cool, let's see how this works and write a blog about this cool quirky technology" doesn't qualify as interest in the business world. have you guys even handled a transaction with more than $100 in your life? i refuse to believe this is what people believe on a business board.

[Anonymous No.16743577]

>>16743515
>value is in the network
>0 customers
>0 real users
anon i.....

[Anonymous No.16743583]

This is so fucking bullish for link. Fudders get the rope

[Anonymous No.16743588]

>>16743577
shit bait desu. dilate

[Anonymous No.16743589]

>>16743562
exactly what you are quoting

[Anonymous No.16743593]

>>16743546
why would anyone want an automatic immutable contract? 99.9999% of most companies would never enter into one....

[Anonymous No.16743597]

>>16743505
t. actual retard

>>16743564
Good job dodging the decentralization question

[Anonymous No.16743599]

>>16743564
>yes because jp morgan will never be able to get other people to align with them
Not when there's a much better network already available.

[Anonymous No.16743600]

>it's only just begun
>therefore it's over

[Anonymous No.16743602]

>>16743588
its bait to say: can you show me the customers / users?

[Anonymous No.16743608]

>>16743577
>hundreds of thousands of potential node operators worldwide
a-anon...

[Anonymous No.16743614]

>>16743569
>"oh cool, let's see how this works and write a blog about this cool quirky technology"
That's what initial interest looks like.

>>16743577
You should update your fud.

>>16743593
>why would anyone want an automatic immutable contract?
Ask Swift, Capgemini, Gartner, Google Cloud, ...

[Dutchbro No.16743624]

>>16743608

And 0 users.

[Anonymous No.16743628]

>>16743602
yeah nigger, look up synthetix

[Dutchbro No.16743637]

>>16743628

You can’t be serious

[Anonymous No.16743638]

>>16743608
>potential node operators
hahaha....

[Anonymous No.16743644]

>>16743624
Try harder, we‘re pumping

[Anonymous No.16743650]

>>16743638
So wait until they actually become node operators.
Surely the price will wait for you.

[Anonymous No.16743661]

>>16743600
>I'm early
>therefore I am out

[Anonymous No.16743665]

>>16741302
This

[Anonymous No.16743675]

>>16743637
hey, you can write whatever you want. i am not reading and not selling

[Dutchbro No.16743683]

>>16743644

Do you actually think me talking negatively about link about this shithole board has any effect on the price? I also want Link to go up you dumbshit.

[Anonymous No.16743702]

Chainlink's best strategy would be to position themselves as an option to major institutions, a small functional addition that can capture a small % of the financial world. If anybody wants them to scale up, they can do so later on, they'd be the natural choice by already having a working relationship. You are not going to have some financial revolution happen without sucking up to the big boys. If that's what the hope of Chainlink rests on, it's doomed to fail. If they are such idealists that they truly want to revolutionize the financial space or play some sort of Robin Hood character, they will fail. It only comes down whether they understand how to make their idea applicable in the real world or whether they prefer to go down in fantasy. Well, they won't go down in fantasy as they will all exit as millionaires, moreso their investors will be fucked.

My opinion is that crypto space revolution ideas should be abandoned entirely and that Chainlink should consist of a two-factor structure:

- a tech structure whose sole purpose is to build the tech so that it is practically and easily displayed to institutions, price feeds are not bad but they need more, bigger and faster.

- an institutional marketing structure that tailors the tech to be pitched individually to carefully chosen individual institutions. with established and well-running institutions they should propose a more modest, "how can we help" in a particular small subset of your business activity, to eliminate some of the processing costs you have. hoping to capture a small % of their activity, and as they gain credibility a larger % of institutional activity could be done by Chainlink. with large and stagnating and small and rising institutions, the marketing should be aggressive, showing how Chainlink is their best bet to turn their fortunes around or capture a larger market share. they need to abandon the slow messianic ideas asap.

[Anonymous No.16743725]

>>16743702
>My opinion is that crypto space revolution ideas should be abandoned entirely

Smart contracts that are externally connected will revolutionize crypto, whether you like it or not.

[Anonymous No.16743752]

>>16743702
they should also re-adjust the tech by the feedback they get from institutions and soon enough with one or two institutions hopping on board, more would follow assuming results are produced.

the main danger I see with Chainlink is that they could have a fully functional, useful product but that nobody will touch it because the institutional confidence or track-record will be zero. so at best, it will only operate inside the crypto space bubble with various irrelevant crypto projects in hopes of finally one day causing a financial revolution, but instead resulting in a closed bubble of crypto projects of no real world applications and a few foolish investors.

[Anonymous No.16743759]

>>16743725
it's over for chainstink, don't you get it?

[Anonymous No.16743765]

>>16743725
that is like saying a new watering system will revolutionize the tullip market. the new watering system could be useful but if you're focusing at selling tullips for 100k a piece, then you're not going to accomplish very much.

[Anonymous No.16743779]

>>16743752
2/10 fud
What do you think has guided the entire roadmap to this point?

[Anonymous No.16743781]

>>16743240
based

[Anonymous No.16743787]

>>16743765
A ton of crypto projects (including ETH's EEA) absolutely rely on external data.

Decentralized oracles are the key to making all that happen.

[Dutchbro No.16743832]

>>16743702

Finally a reasonable post

[Anonymous No.16743833]

>>16743493
>an options contract on ethereum for stocks listed on nasdaq
>hmm how do we get the execution price

>option a
>have 30 neet nodes spam nasdaq api with requests and then push the answers to ethereum
>we don't even know who owns these nodes and if they aren't one person, as everything depends on kyc organized by some sf startup with a russian ceo
>there's no legal guarantee that the data is correct and no legal recourse if it isn't

>option b
>pay nasdaq to sign the execution with their private key, with severe legal penalties for incorrect data
>old and respected professional company
>we have to send the signed data to the smart contract and it's done

clearly, the answer is A
LINK 1000 EOY

[Anonymous No.16743856]

>>16743833
>hurrrr they can just sign their own data
Literally impossible with HTTPS.

Why in the fuck do you think even Vitalik admits oracles are the way to import external data, even though he obviously hates Chainlink?

[Anonymous No.16743862]

>>16743856
>Literally impossible with HTTPS.
if only we had the technology to sign arbitrary data with a private key, that could then be trustlessly verified on-chain with a known public key
such a function could be sold as a commercial service
if only

[Anonymous No.16743872]

Has anyone confirmed if the post is even real?

If so i really don't get what they are doing. It's some code, huge multinational logistics companies have been established in a quarter of the time chainlink has been worked on.

[Anonymous No.16743877]

>>16743862
>if only we had the technology to sign arbitrary data with a private key, that could then be trustlessly verified
You can't trustlessly verify who signed what, and if what they signed is accurate; that's the whole problem.

[Anonymous No.16743878]

>>16743702
>- a tech structure whose sole purpose is to build the tech so that it is practically and easily displayed to institutions, price feeds are not bad but they need more, bigger and faster.
already being worked on retard. where the fuck have you been

>- an institutional marketing structure that tailors the tech to be pitched individually to carefully chosen individual institutions. with established and well-running institutions they should propose a more modest, "how can we help" in a particular small subset of your business activity, to eliminate some of the processing costs you have. hoping to capture a small % of their activity, and as they gain credibility a larger % of institutional activity could be done by Chainlink. with large and stagnating and small and rising institutions, the marketing should be aggressive, showing how Chainlink is their best bet to turn their fortunes around or capture a larger market share. they need to abandon the slow messianic ideas asap.
this is in the process as well. you call everyone brainlets but have just repeated LINK's plans and what they've been doing for the last 2 years. christ the fud is so fucking weak now

[Anonymous No.16743916]

>>16743878
Yeah but they're going TOO SLOW dude. I know this because I am a super genius business guy.

[Anonymous No.16743926]

>>16743877
>You can't trustlessly verify who signed what
if only we had some certificate system that connects public keys to domains and companies
>and if what they signed is accurate
if only there was some legal way for one party to oblige themselves to provide correct data, and promise to pay high penalties in case they don't

if only these two things existed, it would mean chainlink is completely pointless

[Anonymous No.16743946]

>>16743916
yeah kek, fucking retards. just since Dec 1 2019 LINK's activity has exploded compared to the rest of 2019. the proof is there, it's live and running with hundreds of millions being secured rocketed across the market. every flight has turbulence

[Anonymous No.16743966]

>>16743926
Signing external data is what oracles do.
The whole point is not to have to trust one single party to correctly transfer that data on-chain, even if that party is the source of the data.

There is ZERO reason why the actual source of the data would be more reliable than anyone else.
Like a weather station API run by a local dude. If it provides faulty data resulting in great loss of money, how are you going to milk that dude for all that money?
If you want accountability, use a KYC node who actually stakes money to guarantee his performance.

[Anonymous No.16744082]

>>16743966
It makes perfect sense. $1000 eoy is not a meme. We're really all gonna make it

[Anonymous No.16744141]

>>16743966
>The whole point is not to have to trust one single party to correctly transfer that data on-chain, even if that party is the source of the data.

And it's not just about "foul play" or "incorrect transfer" either.
Everyone keeps focusing on security, but the biggest problem so far with (centralized) blockchain oracles wasn't "can we trust this oracle not to screw us?", but rather "why is the oracle down again?".
Punctuality, guaranteed performance is a MASSIVE consideration for major users, and it's something Chainlink has unequivocally proven it can provide during the past 7 months of constant perfect on-time delivery.

Of course, as contract value increases, the importance of security will increase too.

[Anonymous No.16744157]

>>16744141
appreciate your replies insider :o)

[Anonymous No.16744165]

>>16743872
It's probably fake news, but this is taking longer than Project Manhattan and these guys aren't mining exotic metal and figuring out how to punch extra neutron into it, this is onions boys writing computer code. My guess is that the real problem is legality of the whole thing or just lack of interest (or courage?) among big dogs to actually start implementing this into their businesses.
Imo, project is done and shadowfork is real, but something is causing this stalemate.

[Anonymous No.16744166]

>>16743872
No it’s fake fud

[Anonymous No.16744176]

>>16744141
how will meet node operators play into all of this? I've had my entire own failover capable ETH and Chainlink node infrastructure running for months hoping to join in

[Anonymous No.16744201]

>>16743946
all flights land, dude...its over

[Anonymous No.16744204]

>>16744176
How will they not?
Staking means you don't have to know who you're dealing with; if the node fucks up you get compensated.
Not to mention all the other systems lined up to obfuscate contracts, data, nodes, ...

[Anonymous No.16744219]

>just hold for...ten more years

[Anonymous No.16744232]

>>16744204
wen tho? I've already spent a few thousand $$$ on my infrastructure and AWS bills with hopes and dreams to join. Also, didn't Dan say CL would compensate neet node operators like me ?

[Anonymous No.16744249]

>>16744232
>I've already spent a few thousand $$$ on my infrastructure and AWS bills with hopes and dreams to join.
Did you get a helium tank for just in case?

[Anonymous No.16744270]

>>16744249
imagine being so poor that you can't spend any real$$ experimenting with and investing in ground breaking technology

[Anonymous No.16744299]

>>16744270
Just kidding, but this whole situation is kinda comical. We're the real life caricatures of underpants gnomes from South Park, we have all the underpants collected and ready, but now what?

[Anonymous No.16744306]

>>16743966
>There is ZERO reason why the actual source of the data would be more reliable than anyone else.
What the actual kek. Like if everyone just gets their copy of the data from single source how would they be more reliable?

[Anonymous No.16744344]

>>16744232
>wen tho?
who knows

>>16744306
And why would the data source's oracle be more reliable than an oracle with solid on-chain reputation and actual money staked? Or more realistically, several such decentralized oracles?
Btw, nothing stops data sources from running their own oracles. If that's what you prefer then more power to you.

[Anonymous No.16744414]

>>16744299
>pop culture reference
dear god fuck off back to r*ddit you fucking faggot.

[Anonymous No.16744440]

>>16744306
>>16744344
In fact, having the oracle tied to the source is a security threat since it requires that the oracle actually knows where the data is coming from, and can thus more easily set up an attack.
It's much safer to keep the oracle from knowing who the data source is, or even what the data is.

[Anonymous No.16744565]

The amount of anonymous people who are very concerned with other anonymous people's financial wellbeing and who are taking hours out of their day to hammer out multiple paragraph long FUD essays has got to be one of the biggest buy signals I have ever seen.

[Anonymous No.16744950]

>>16741280
So its coming during the bull market? Based

[Anonymous No.16745311]

>>16744565
>not writing FUD essays while holding LINK yourself
not going to make it

[Anonymous No.16745341]

>>16744565
This is assuming that >>16745311
>not holding better investments while dunking on neet retards in their own threads just for the fun of it

[Anonymous No.16745355]

PoS = Proof of Scam

[Anonymous No.16745840]

>>16742954
Good god I’m excited for you guys

[Anonymous No.16745967]

>>16742821
Delusion

[Anonymous No.16745973]

>>16741280
imagine still holding this scam

[Anonymous No.16746023]

>>16743474
You should have bought silver when it was 14 dollars or gold when it was 1100. Insanely cheap for assets with zero risk of ever going to zero. Instead you bought a literal scam digital token and this is after the bit connect thing, you still didn't learn.

[Anonymous No.16746075]

how come Google purged everything crypto related but they integrate chainlink? seems like it will take 10 years for non-KYC oracles to be actually used, yes sir very bullish indeed

[Anonymous No.16746250]

>>16744299
nobody wants to use stinky underpants

[Anonymous No.16746294]

>>16741550
>obvious that link has more
If link had occurred during 2017 with all the breadcrumbs this might have been true, but things have changed

[Anonymous No.16746314]

>>16742901
>Do you think the CEO gives a shit about some irrelevant little technology or any of the major employees who are pulling in millions of salary yearly?
that’s what they are paying them to do
steer the company
this especially involves new tech

[Anonymous No.16746353]

>>16743274
>it is unprecedent that a project would have such poor business development
excuse me? in crypto?
ya blew it anon, and after all that effort you put in too
btw eat a shotgun

[Anonymous No.16746701]

>>16746023
ok boomer.

[Anonymous No.16746788]

>>16746075
Google literally reposted their blog tweet right before they started flagging youtube crypto channels. They have chosen the horse they are backing and purging the scam coins/ casino/ ponzi aspect that is tainting blockchain.

[Anonymous No.16746824]

>>16746023
fucking boomer

[Anonymous No.16746979]

>>16744565
This. What the fuck is going on with the FUD lately? It started out as low effort shit posting and it’s quickly become a 9-5 job for some of these people.

[Anonymous No.16747040]

>>16746788

They only flag fraudulent youtube channels that promote ponzi schemes for money you dumbshit.

[Anonymous No.16747054]

>>16746979

The FUD is actually genuine criticism about the project but obviously your peanut brain can't comprehend it. FUD is stuff like Sergey died in a car crash or the nail salon FUD. The spam lately has been actual real criticism.

[Anonymous No.16747130]

>>16747040
You'd be wrong, dumb cunt.

[Anonymous No.16747150]

>>16746788

[Anonymous No.16747521]

>>16741333
No one checking this guy
Based

[Anonymous No.16747614]

>>16744565
Dis