/biz/ - Business & Finance

[Anonymous No.17503297]

Just sold $50k worth of Link. Still have some links, don't worry faggots.

I'm predicting we're going to see a massive attack on crypto from world governments very soon. We're about to get hit with the first wave of supply lines being shut down from Asia, which includes all kinds of shit from non-essentials to medicines that people need to live.

In order to prevent panic, the Fed will step in and control interest rates to drive money back into the market, and simultaneously hear news about heavy crypto regulation in first world nations which will sink the price.

What stock should I invest this into? I'm trying to move out of crypto because this shit is so fucking gay.

Yes, I have made assloads of money. But it's obviously a fucking ponzi scheme. It LITERALLY goes up for no other reason than people buying in, and ever since I've been in this since 2017, it's just people pumping and dumping on one another. I have owned over 25 cryptos, made over 700 thousand dollars over 3 years, and I literally have NO IDEA what any of these shit coins do nor do I care.

[Anonymous No.17503338]

>>17503297
DR;NS

[Anonymous No.17503359]

Same post as yesterday and still nobody cares about your dumb sell

[Anonymous No.17503364]

>>17503297
Enjoy the rope

[Anonymous No.17503366]

>>17503297
>I'm trying to move out of crypto because this shit is so fucking gay

>But it's obviously a fucking ponzi scheme

>I literally have NO IDEA what any of these shit coins do nor do I care

Get out and never come back

[Anonymous No.17503376]

>>17503366
>reddit spacing
gtfo plebbitor this is a Kleros board

[Anonymous No.17503377]

>>17503297
at least you put your money on your prediction

[Anonymous No.17503387]

>>17503366
tell me what link does.

Oh, you don't know either? I see.

[Anonymous No.17503393]

>>17503297

texiles.tard

ngmi

[Anonymous No.17503396]

imagine selling now just as the bull is about to happen,

wow OP - big retard

[Anonymous No.17503404]

>>17503387
numbers go up

[Garry No.17503450]

>>17503297
Lol it's just the flu dude just wash your hands and stop coughing

[Anonymous No.17503456]

>>17503387
You'd need to spend 10 min on this board and not be a drooling retard to find out what it does there are shitposts dedicated to over fudding and over hyping in any CL thread made. If you cant infer from them then I'd reccomend using that 50k to pay for cryogenic freezing so that one day, hopefully, doctors from the future can cure your ostensive retardation

[Anonymous No.17503486]

>>17503364
This

[Anonymous No.17503509]

>>17503297
congrats on taking profit at the top anon

and the supply chain interruption is extremely serious markets havent even begun to crash properly yet

very astute

[Anonymous No.17503520]

>>17503297
what app is that anon?

[Anonymous No.17503527]

>>17503456
If you know, why can't you just tell me?

Let me explain to you why smart contracts are LITERALLY retarded.

The word "contract" means nothing unless there is a governing agency to enforce it. Therefore a "decentralized contract" or "smart contract" is an oxymoron.

Let's say I buy a condo, which I have with crypto money. When you use an escrow agency, they charge a fee. It was like $1,500 for my $550k studio, so not even a fucking quarter percent.

If I didn't use a lawyer and filled out the paper work totally wrong, and even the bank wired money to the wrong address, and literally EVERYTHING got fucked up... I would still get my condo for the price agreed upon because the escrow company handles it, and if they don't, the US government comes in and makes the compensate me for my errors.

This is called a "contract". If I use ETH or chainlink to do some kind of smart contract, it's still literally just between me and the other person. There is no liability insurance or third party to make sure the contract is enforced... so if something goes wrong, there is NO RECOURSE.

Why not just use venmo in that case? At least they might refund you.

[Anonymous No.17503563]

Not to burst all your bubbles, I do plan on buying back in to Link but I really think crypto is going to eat shit very soon. I also want to use this opportunity to move more investments into legit stocks like Tesla, which might actually go parabolic very soon.

Crypto has been great to me but it's fucking retartded and autistic and I hate coming here for information because you're all gay retards. Maybe it's time to grow up, for me at least.

[Anonymous No.17503564]

>>17503527
agreed. let alone the amount of time they spend on development for simpleton shit. crypto is a ponzi and none of the ideas are even remotely revolutionary. The hype is over and will NEVER come back

[Anonymous No.17503608]

>>17503297
>I have owned over 25 cryptos, made over 700 thousand dollars over 3 years, and I literally have NO IDEA what any of these shit coins do nor do I care.
you are clinically retarded

[Anonymous No.17503687]

>>17503527
thats not a great example, anon

consider the use-case of derivatives settlement contracts
consider the use-case of insurance settlement claims
consider the use-case of P2P lending/borrowing services

in any of these cases, the "smart contract" doesnt need to be exceptionally detailed and coded with 2000 failsafes
it simply relies on a number of events in order to execute payment to the receiving party

flight gets delayed? instant API call authenticating that occurred and instant flight insurance settlement with no human intervention
selling/buying/trading derivatives? smart contracts allow for pre-defined conditions to execute buys/sells based on an infinite number of contributing factors

really i dont know why im even writing this, it sounds like you've made up your mind and despite what anyone says you will find a reason to disbelieve the value of self-executing computer code based on an infinite number of data points supplied via an Oracle network

[Anonymous No.17503751]

>>17503297
>no idea what any of the shit coins do
>think he's an expert of the crypto market, gov and the feds

[Anonymous No.17503755]

>>17503527
>Let me explain to you why smart contracts are LITERALLY retarded.
Dunning Kruger. You're like a guy in the 90s explaining that ecommerce is retarded.
Understand how Maker and defi work, then you will start to understand smart contracts. Right now it is obvious you don't.

[Anonymous No.17503793]

>>17503755
Do you know? Why don't you tell us then, retard.

[Anonymous No.17503807]

>>17503687
Here’s a lesson brother. Never spoon feed or waste time dealing with those retards. You probably spent 5 min writing. That’s 5 minutes of this precious life lost into the void all because you try to explain a obvious thing that anyone with a brain could realize ... to a bumbling idiot with speaking through pure bias. Don’t waste your time speaking with fools. Let them suffer and learn like everyone else.

[Anonymous No.17503822]

>>17503687
Wow, let's point out the obvious fucking flaws in a system like that, shall we?

Flight controller enters in the wrong information. Whoops! Just triggered an automatic cascade of insurance pay outs for literally no reason.

Does the smart contract also take money out of your account once it's realized that there was a mistake? Sounds pretty shitty to me. What if you spent it already?

There is a REASON for delays sometimes, especially for shit like insurance pay outs because people need to make sure no fraud was involved, numbers are accurate, ETC.

Can you give me a better example, of something not retarded and useless perhaps?

[Anonymous No.17503829]

Haha look how defensive this guy is getting. Coming here for some validation that he did the right thing

[Anonymous No.17503855]

>>17503807
I'm not a greedy man. I already made out like a fucking BANDIT with crypto.

Did I make hundreds of millions like some guys from 2010? No.

Did I make almost a million dollars from fucking 40k over the course of 3 years? Yes.

Do I still have considerable crypto and (now) cash on hand to invest? Yes.

I'm not butthurt over this, I'm literally just asking why the fuck you guys think smart contracts are good. No one has refuted my central argument that "decentralized contracts' are an oxymoron because you need a centralized figure to enforce the contract.

If you burst into my house with guns and force me to initiate a "smart contract" with you.. who will help me with fraud? If you tried to do that with a bank, overtime they would like prove coercion and return the money to me. Would never happen with a "smart contract"

[Anonymous No.17503864]

>>17503829
I mean I was, but now I'm battling a phalanx of retards who can't deny my central argument, and can't even come up with what a smart contract is or why it'd be useful.

[Anonymous No.17503877]

>>17503793
Obviously I know. Fix your attitude and you might get some answers. You wrote a whole fucking blog post explaining why smart contracts are retarded. If instead you had spent that time reading about smart contracts you would realize that you are the retarded one.
>>17503855
>I'm literally just asking why the fuck you guys think smart contracts are good.
No you're not. You're telling everyone why it is retarded. Ask questions then stfu and listen and you might learn something.
>No one has refuted my central argument that "decentralized contracts' are an oxymoron because you need a centralized figure to enforce the contract.
I don't refute flat-earthers either, doesn't mean they are right.
Like I said, go learn about Maker and defi. It's the easiest way for brainlets to understand the value of smart contracts.

[Anonymous No.17503883]

>>17503822
>completely ignores p2p borrowing and lending example
>completely ignores derivatives settlement example
be honest OP, there is literally no words on this planet that could encourage you to change your mind. you are beyond stubborn and at this point, masturbating your own ego and reminding yourself of just how smart you are compared to everyone else who must be wrong; to feel better about the sale you just made

[Anonymous No.17503885]

smart contracts will never be adopted due to the opportunity cost of locking funds up and the fact that people dont like immutability

[Anonymous No.17503905]

>>17503877
O-Oh yeah! wow you know I saw this crypto called "confido" one time, and it was super great. It was a smart contract crypto for delivery services!! so useful, I wonder how it's doing now a days

[Anonymous No.17503914]

>>17503883
p2p lending. ok

You lend me $500, I don't pay you back. What are the consequences that smart contracts will impose, again?

[Anonymous No.17503931]

>>17503914
loans are over-collateralized

you have just proven that you have quite literally no idea how Decentralized Finance works, and how smart contracts fit into the ecosystem
i will now quit responding, do your own research and understand why someone might enter into a lending contract with an over-collateralized loan

[Anonymous No.17503954]

>>17503527
You’re thinking about it wrong anon.
Smart contracts can be used to facilitate computing tasks. Not used as literal contracts between people

[Anonymous No.17503957]

>>17503931
>loans are over-collateralized

uh, ok, so the solution is zero collateral?

Why is decentralized finance better than centralized finance? With centralized finance there is the ability to litigate which lessens the ability of people to scam successfully.

oh you're not responding anymore, because you're a retarded faggot with shit memes for brains

[Anonymous No.17503966]

>>17503954
Why THE FUCK does a computer need a "smart contract" to facilitate computing tasks? It's a fucking computer.

There are computers that can predict the weather for the next ten thousand years, but those computers can't make flight insurance pay outs of a flight is delayed? What the fuck are you guys even talking about?

[Anonymous No.17503969]

>>17503905
wtf how is this relevant.
>>17503914
>You lend me $500, I don't pay you back. What are the consequences that smart contracts will impose, again?
You don't get back your collateral.
If you had even the most basic understanding of defi you would understand this.
Seriously anon. Instead of replying immediately with more stupid comments, take ten minutes to educate yourself. Until you do that you just look like a fucking idiot.

[Anonymous No.17503970]

>>17503855
Here:

You retain a viewpoint of the world of someone who has never accomplished anything. You’ve never run a large corporation with complex agreements relating to supply chain, intellectual property usage, etc. You have no use for smart contracts. You’re proving your idiocy twofold by showing your nescient view of the world and by coming to biz to ask all these poorfags to explain smart contracts to you.

Your method is older than ChainLink itself. No one is going to waste time explaining shit to someone like you because your world is so simple. You’ll never engage in any complex business agreement, so don’t worry about smart contracts.

[Anonymous No.17503985]

>>17503966
If you think there are computers that can even predict weather 7 days in advance...again, you’re an idiot.

[Anonymous No.17503989]

>>17503969
It's relevant because it's an amazing real life example of how a "smart contract" employed in real life is completely bullshit and unusable, but can be made to sound like the future of commerce.

What the fuck is my collateral in the case of a smart contract? Why wouldn't you just download a loan contract and have your friend sign it, so you can enforce litigation if he doesn't pay? Why bring "collateral" into the equation at all?

[Anonymous No.17504001]

>>17503520
looks like coinbase.

[Anonymous No.17504009]

>>17503527
Drooling retard detected. Buy stocks, you deserve them.

[Anonymous No.17504014]

>>17503957
>uh, ok, so the solution is zero collateral?
i have no idea what you mean by this, in centralized finance yes you might get away with a zero collateral loan. but not in defi.

>>17503957
>Why is decentralized finance better than centralized finance?
because you dont need to do any paperwork. any credit history. any KYC. any anything. you just log on and get your money in seconds.

you can not "scam" someone if the loan is over-collateralized because once its about to drop under the collateral value, it gets liquidated.
again, i refuse to explain exactly why somebody may want to enter into a contract with these stipulations. do your own research. MakerDAO is a great starting place for you to learn.

consider yourself lucky i even responded to this. good luck with your investments, OP

[Anonymous No.17504016]

>>17503855
Trying to explain smart contracts to you is like trying to explain the importance of complex/imaginary numbers to a 6th grader when teaching him algebra.

[Anonymous No.17504036]

>>17503970
>>17503985
funny how you retards keep telling me to "educate myself" on smart contracts, because whenever you give me an example of why it would be useful I BTFO it immediately.

Again, why the fuck does a computer need a smart contract to do things? Computers can literally do anything, they can use lasers to take down jet fighters that are going super sonic speed while simultaneously release flares to confuse the laser trackers... but they can't fucking refund you for a delayed flight??? lol

[Anonymous No.17504063]

>>17504014
What is the collateral in these scenarios, more link?

>because you dont need to do any paperwork. any credit history. any KYC. any anything. you just log on and get your money in seconds.

oh yeah, that won't be a gold mind for scammers and fraudsters. Not like paper work, KYC, credit history have any value or anything.

What happened with Salt? That was what you described, and yet, Salt lost 99% of it's value and everyone who invested in it, a p2p lending crypto decentralized smart contract system, lost all their money...

weird

[Anonymous No.17504073]

>>17504036
>Again, why the fuck does a computer need a smart contract to do things? Computers can literally do anything, they can use lasers to take down jet fighters that are going super sonic speed while simultaneously release flares to confuse the laser trackers... but they can't fucking refund you for a delayed flight??? lol

Whoever responds to this obvious bait is the problem with nu/biz/

[Anonymous No.17504074]

>>17504016
It's definitely not, you just don't know why it would be useful or better than the system we have now

[Anonymous No.17504077]

4/10, better FUD thread than most, but this shit is still too obvious. Git gud.

[Anonymous No.17504085]

>>17504073
lol how is that bait?

Why can't a computer execute a smart contract without chainlink? How many times do I have to BTFO you guys?

[Anonymous No.17504089]

>>17503822
Linkies are comletely deluded cultists, logic doesn't work on them. Just ride the wave.

[Anonymous No.17504095]

Retarded. Asia just realized what chainlink is and a huge money is gonna flow into the market.

[Anonymous No.17504103]

>>17503989
Anons please stop responding to him. He’s just trolling, it’s pretty obvious.

[Anonymous No.17504113]

>>17503297
Ok

[Anonymous No.17504121]

By the way, what you are saying about smart contracts and law is 100% correct. Not to mention oracles are by definition trusted parties. Multinationals and banks will use their APIs and building some redundancy/remove single point of failure is trivial.
Here is the red pill: there is no difference between smart contracts and business logic. It's a rebrand.

[Anonymous No.17504124]

>>17504074
Yes it would, and yes I do. The fact that you don’t already grasp the significance proves it’s point. You view the world from the perspective of a UPS truck driver. The person interested in smart contracts is the UPS CEO. Just be honest. You’ve never run a business, you’ve never worked in a corporation (unless it was as in a wagie tier position), and you’ve never even run a small business where you had to supply multiple parts and or ingredients from multiple different companies where you needed to engage in a complex working agreement that included exchanging lots of information and agreeing to lots of terms. What have you ever done professionally in your life? Honest question.

[Anonymous No.17504153]

>>17504124
So when a supplier fulfills your order wrong, how is a smart contract superior to a "normal" contract?

For the smart contract to be useful, there would need to be a third party (such as the US government) to enforce any errors in the contract. How does decentralizing contracts improve b2b relationships in the case of errors in supply chain delivery?

[Anonymous No.17504161]

>>17504153
If the order is fulfilled wrong then payment is not released.

[Anonymous No.17504172]

>fudding your investment in order to learn more about it instead of doing actual research

oldest trick in the book, sadly it's not 2017 anymore and all the smart anons left. sorry op

[Anonymous No.17504182]

>>17504085
Mate if this isnt bait...you take the cake for the most retarded faggot I have ever had the displeasure of reading.

You say "I'm gonna buy back into Link" whilst simultaneously believing it has absolutely no future - which one is it?

Jesus christ, I would seriously fucking bash you if I ever saw you.

[Anonymous No.17504194]

>>17504161
Um. How stupid are you people?

I buy and orange from you, you ship an apple to me.

You think you sent an orange, I got an apple. You could be lying, I could be lying. When and how is the money released in the scenario, and HOW THE FUCK DOES A SMART CONTRACT SOLVE THIS? It's hard enough in retail, places like amazon spend billions in research on how to prevent these scenarios and prove their shipments are accurate.

And don't fucking say QR codes. Those can be swapped as we've seen with expensive goods in China, etc.

[Anonymous No.17504195]

>>17503297
unironically bullish
dumb money has to leave before we can moon again

[Anonymous No.17504205]

>>17504195
>dumb money has to leave before we can moon again

it's over anon

[Anonymous No.17504208]

>>17503527
ITT:
>spoons are dumb and being fed is stupid

[Anonymous No.17504210]

>>17504182
You're not taking any bait, this is called "reality is seeping into your delusional mind" and guess what, that's good for you!

I'm literally asking the most basic, common sense questions that have to do with real world logistics applied against "muh smart contracts", and you bubbling morons can't even answer the most basic inquiries into how this would be even remotely useful or preferred over current b2b, p2p, b2p, whatever systems in place...

[Anonymous No.17504217]

>>17503297
Jesus Christ.

Imagine shorting link because of some outlandish theory. What a moron.

[Anonymous No.17504218]

>>17504153
Hey man, I really don’t have time to explain how an international business agreement works to you. I don’t have time to explain how complex pieces of software are outsourced and completed, etc. None of this will ever matter to you. If you want to capitalize off of this and be comfortable in your investment, the impetus is on you to broaden your world view. Otherwise, by all means, continue thinking you’ve got it all figured out because you made $50k off of ChainLink and have an understanding of the world on par with the average 4chan surfer. Good luck.

[Anonymous No.17504221]

>>17504210
Ok you have blown your cover, this whole thread is bait...

Nicely played.

[Anonymous No.17504223]

>>17503563
>I really think crypto is going to eat shit very soon
>more investments into legit stocks like Tesla, which might actually go parabolic very soon.

Crypto will eat shit after a 2 year bear market, but Tesla will go parabolic after a biggest pump of the last 10 years.

You seems to have a logic problem

[Anonymous No.17504229]

>>17504218
>muh webscraper

[Anonymous No.17504231]

>>17504194
It’s just sad that this is your view of smart contracts. I’d be surprised if you’re over the age of 20 and you’ve had a job.

[Anonymous No.17504247]

>>17504229
The fact that you thought I was referring to ChainLink when I said “complex pieces of software being developed” again illustrates my point. You can’t even follow along with an explanation because your so limited in scope.

[Anonymous No.17504249]

>>17503297
I'm 80% in DAI (almost $100K now) gaining 8% while this all plays out. Have 5M FRM because I just can't bring myself to sell it knowing I could be priced out any moment.

[Anonymous No.17504264]

>>17504231
Based

[Anonymous No.17504277]

>>17504218
>>17504221
>>17504223
You guys don't seem to understand.

I have been in crypto since 2017. I have been HERE since 2017. I have written some of the most convincing shills for bullshit coins like DGB, Power ledger, and DBC, the last of which I made 200k off of.

You can't trick me with nonsense like "asians are finding out about it". I invented that nonsense you faggots.

You're right, I am sort of baiting you guys in a way, because I KNOW there is no answer to the questions I'm asking because crypto is gay as fuck. Unlike you, I'm not going to jew my brain and live in fantasy land, I guess I was looking for answers when I knew there were none.

Crypto is likely to continue going up because it's a fucking ponzi scheme, and I still own signifignat amounts of crypto so IDK why you fags are so butt mad, I do however, refuse to be jew brained and lie to myself about "muh smart contracts" when it's obvious they're just a buzzword.

fucking faggots

[Anonymous No.17504293]

>>17504277
Ok, so you’ve made up your mind. Good luck and congratulations on your success in shilling shitcoins.

[Anonymous No.17504294]

>>17504247
that wasn't me, try to follow the conversation retard

[Anonymous No.17504307]

>>17504293
No, I genuinely was asking for an explanation of why smart contracts would be useful.

So far I've only gotten WELL IF UR FLIGHT IS DELAYED YOU GET INSTANT PAY OUTS!!11!!

cool, that would never work in real life as I explained multiple times.

[Anonymous No.17504318]

>>17504247
oh sorry you were talking about smart contracts, I didn't read your post because you're retarded

>muh byzantine fault tolerant replicated state machines are going to replace real world contracts

two words anon

WALLED

GARDEN

[Anonymous No.17504321]

>>17504277
Congrats on the gains OP. And Enjoy getting raped by taxes meatloaf IQ motherfucker

[Anonymous No.17504337]

>>17504277
>Crypto is likely to continue going up because it's a fucking ponzi scheme
Who is offering the returns exactly? It's a speculative asset but not a ponzi.
Fuck off.

[Anonymous No.17504348]

>>17504277
You sound like such a douchey edge lord...

"I been 'ere since the dawn of time! I'm heavily respected in the 4chan community..."

Fucking cringe!

[Anonymous No.17504349]

>>17504321
Yes, taxes are part of being an adult and also you pay taxes when you make money, so obviously you've never paid taxes.

[Anonymous No.17504373]

>>17504294
I honestly don’t care to follow this conversation. I’m writing replies while sitting in the back of a car in traffic.

>>17504307
The sad part about your story of any of it is true is that you’ve equated biz with making easy money and now that entire culture is dead and it is all ignorant morons trying to leech off the knowledge of others. Instead of independently learning in the past two years, you just continued shitposting on 4chan thinking you’d just keep making 6 figures every year on shitcoins. All of this further illustrates your immaturity. If you have really made over $500k off shitcoins post tax, I strongly suggest you invest in your own education or else you are going to have a very depressing life within three years. You’re far behind the curve if you think smart contracts’ purpose are to prevent Ling Tsu from sending Jerry Goldfelt a box of rocks instead of a GPU.

If you’re not intellectually inclined, you should start a simple business like a barber shop.

[Anonymous No.17504383]

>>17504349
>so obviously you've never paid taxes.
most of biz are unironically posting from india or have bernie stickers on their cars

[Anonymous No.17504398]

>>17504373
What can a smart contract do that a computer program can't also accomplish?

literally name one thing.

[Anonymous No.17504399]

>>17504349
>Taxes are what da adults do

IM A BIG BOY

[Anonymous No.17504401]

Litteraly no one in here can answer or refute his claims, lol. Biz is just a shitboard for retarded gamblers

[Anonymous No.17504406]

>>17504277
Checked.

Dudes got a point you know.

Decentralization can only work so far without centrlazied authorities enforcement.

This is actually the biggest problem with all crypto.

Take LINK for example.

Some node duckes over a contract worth an aggregated value of a fuckton.

The node takes the collateral hit yes, but what about the aggregated effect of the fuck up? Who is going to aort this shit out - some decentralized robot-lawyer?

I’m in on LINK but this dude actually has a point. No decentralized enforcement without an centralized authority. And gee, I wonder if the centralized authorities want to see money from their pockets going to some decentralized tech nerds.

Think about it.

[Anonymous No.17504407]

>>17504398
Be decentralised you utterly retarded faggot.

[Anonymous No.17504413]

>>17504398
>What can a smart contract do that a computer program can't also accomplish?

if you turn your program into a byzantine fault tolerant replicated state machine it is a smart contract by definition

there's no difference between a program and a smart contract except (de)centralisation

that said most smart contract platforms today are total garbage because they are deterministic and synchronous, if you can't connect out it's basically useless

[Anonymous No.17504414]

>>17504247
No, I was literally talking about a corporation having a complex piece of software developed by offering work contracts on an international market. I’m not talking about smart contracts, ChainLink, cryptocurrency, or whatever. I can’t tell if you’re really this dumb or just think you’re funny...

[Anonymous No.17504436]

>>17503527
Dude I'm a lawyer and that's not at all how a contract works. Anyone can make a contract with another party as long as there's an offer, acceptance, and consideration. Written contracts by lawyers are just as enforceable as two guys writing an agreement on a napkin which is just as enforceable as a digital contract agreement. You can use the courts for digital agreements as well.

[Anonymous No.17504460]

>>17504436
AND meeting of the minds and legal capacity

the difference between a smart contract and a real contract from a legal standpoint is actually that the smart contract can't be sued

what are you going to do take the blockchain to court and order it return funds? the court can't bend the laws of mathematics, cryptography is as cryptography does

[Anonymous No.17504462]

>>17504436
If you read the rest of the thread, you’ll understand you’re arguing with someone with a high school education that has never had a real job. It’s a waste of time.

[Anonymous No.17504493]

>>17504413
That's not what I asked. I didn't ask what a network of computers on block chain can do that a single computer program can't.

I ask what a smart contract can do that a computer program can't. Stay on topic.

[Anonymous No.17504525]

>>17504436
You're not a lawyer, and if you are I would never hire you because you are dumb.

Smart contracts aren't even really contracts. They're a series of commands, basically if x then y, or if z then a then b, or some shit. There is no "spirit of the law" when it comes to smart contracts, whatever is programed IS what happens and there is no recourse.

You can't argue against a smart contract, because it's just a math equation which is either executed or not... So why THE FUCK would you want to use that over a legal system that can protect you from fraud or intent to fraud someone???

[Anonymous No.17504536]

>>17503297
hey faggot, you're a fucking swinglinkie that got rekt. STFU and just move on - don't create a fucking thread for it you retard fuck

[Anonymous No.17504537]

>>17503855
Is Reddit one person? Is this you? Go back please.

[Anonymous No.17504557]

>>17504536
>don't create a fucking thread for it you retard fuck
nervous are we

[Anonymous No.17504573]

>>17504536
Not a swing linker, you can't swing at my level because the fees are too high. I rarely sell or buy, but I think we're going to see a massive retrace in both the stock market and crypto.

The first wave was corona fear, the second wave is actual supply chain disturbance effecting the global economy. Coincided with the fact that we're due for a major recession, I decided to play it safe for once in my financial career.

[Anonymous No.17504585]

>>17503527

You are a drooling smooth-brained nigger. Also you must be over 18 to post on this site.

[Anonymous No.17504590]

>>17504210
>and you bubbling morons can't even answer the most basic inquiries into how this would be even remotely useful or preferred over current b2b, p2p, b2p, whatever systems in place...
I have answered it many times. So have other anons. But you won't be swayed from your opinion.
>>17504277
>You're right, I am sort of baiting you guys in a way, because I KNOW there is no answer to the questions I'm asking because crypto is gay as fuck.
No, you just don't get it. I'll try one last time.
https://www.ing.com/Newsroom/News/ING-founded-blockchain-trade-finance-platform-launches-in-Singapore.htm
Why would a literal bank be building a smart contract based platform to handle letters of credit? Seriously, that's not rhetorical, try and think of reasons why a bank would do this. Think of it as an intelligence test. If you don't get it after this, you never will. Then we will know you are either a literal retard or a master baiter... either way we can let this stupid thread die.

[Anonymous No.17504639]

>>17504398
This is a brainlet forum where we all invested because of the memes and we are all sucesfull so far and we are ready to kill ourselfs if it didnt plan out. If you want some serious smartcontract discussion please follow the Consensus or Smartcon in May. I believe there will be many smart people who could answer your questions and give a proper arguments on your doubts. We are not a developers or a smartcontract activists kek.

Try to read those and message the authors, he will answer you better than any of us fren.

https://www.capgemini.com/consulting-de/wp-content/uploads/sites/32/2017/08/smart_contracts_paper_long_0.pdf

https://www.capgemini.com/wp-content/uploads/2018/10/Digital-Blockchain-in-Supply-Chain-Report.pdf

https://www.pwc.com/gx/en/issues/blockchain/blockchain-in-business.html

https://www.pwc.de/en/newsletter/it-security-news-en/blockchain-and-smart-contracts.html

https://www2.deloitte.com/tr/en/pages/finance/articles/cfo-insights-getting-smart-contracts.html

[Anonymous No.17504734]

>>17504590
Did you really just shill me some dumbass shill site to pump crypto? That article is less than 200 words long and says nothing.

It tries to intentionally confuse you with this line:

>Today, blockchain-based trade finance platform Contour, co-founded by ING Ventures, launched into the $18 trillion global trade finance market.

It tries to tie Contour with 18 trillion, when in fact contour is just some faggoty nothing TESTING to see if they can bring block chain into an 18 trillion dollar industry.

Hate to burst your bubble, but we've been in the information age for FORTY YEARS at this point. IVY league MBA graduates literally do nothing but optimize for business solutions and logistics.

Meaning that, if the paper work for shipping stuff across the ocean was so fucked up and difficult, someone would have likely figured out a better way already.

The problem with international shipping isn't contracts, it's VERIFYING the contents of the massive cargo containers which takes a lot of technical understanding and man power. The contract part is basically fucking irrelevant in terms of what importer/exporters have to deal with.

[Anonymous No.17504781]

You fucked up and will regret this moment for the rest of your life. I literally want to KMS for thinking exactly what you do several months ago. I promise you the chances of you hero’ing just went up. Buy back in a move on with your life for now. Nobody is selling chainlink I’ve never seen a herd of people just not sell but they won’t fucking do it.

[Anonymous No.17504787]

>>17504734
>ing.com
>some dumbass shill site
Bait exposed. Anyone replying to this thread after me is as retarded as OP. Let it die while he refreshes over and over again hoping for another (You) dopamine hit.

[Anonymous No.17504797]

>>17504585
why are you on here then, kid? go back to playing with your priest.

[Anonymous No.17504811]

>>17503527
Trust me OP. you fucked up. Chainlink is going to $100. Look at the people ITT they won’t sell.

[Anonymous No.17504836]

>>17504781
>>17504811
I still have link lol.

[Anonymous No.17504860]

>>17504787
link is sliding down... like I said, expect a 30-40% retrace in stocks and and crypto. Corona chan is upon us

[Anonymous No.17504899]

>>17504860
You should buy stocks! No, really! You deserve it!

[Anonymous No.17504936]

>>17504899
I'm thinking about it.

[Anonymous No.17504940]

>>17503527
hahaha you are really stupid anon.

This is the worst example possible. Think about the banks,insurance,EFT,wall street, investing funds, and thousands more can use ChainLink and they will.

[Anonymous No.17504972]

>>17504940
Ok faggot, please explain to me this.

When I go onto Robinhood and buy or sell stocks, and everything happens instantaneously, and there is liability for things that go wrong, and they are insured... how will smart contracts improve that process?

[Anonymous No.17504986]

>>17503297
>What stock should I invest this into?
tools, materials, solar, machines

[Anonymous No.17504995]

>>17503527
>The word "contract" means nothing unless there is a governing agency to enforce it.
code enforces it dummy. Automated swap

[Anonymous No.17505093]

OP this is cringe

[Anonymous No.17505107]

>>17504995
you're missing the point. If fraud is involved, "code" isn't a robo-lawyer and isn't going to do shit about it. Read through the rest of the the posts here before you make some low IQ response to an answer that's been refuted multiple times.

[Anonymous No.17505212]

>>17503338
>>17503359
>>17503364

The amount of FUD lately has been aggressive and more insidious. The LINK/BTC looks so fucking sexy this shit is about to parabolic within 2 weeks if not sooner, I wouldn't be surprised if we got one more shake down though, but holy fuck these people want every fucking single LINK we own.

[Anonymous No.17505239]

>>17503297
The good news is you can buy some really nice rope for $50k :^)

[Anonymous No.17505281]

>>17504573
>34 posts
Who are you trying to convince? Us? Or yourself?

[Anonymous No.17505286]

>>17505212
Why is everyone so defensive? I still own link, I just want cash on hand right now so I can re-diversify.

Whether its stocks or crypto, expect another hit as corona fear 2.0 hits again... that was the original point of my post until you retards started attacking me for questioning the usefulness of smart contracts, which you idiots don't even know the point of.

Whether or not the supply chain disruption is bad or not, the fear of it will effect the market. If fed lowers interest rates, crypto will crash. Crypto rises when fed interest rates go up

[Anonymous No.17505299]

>>17505281
I'm not trying to convince anyone of anything, except that smart contracts are fucking retarded and useless and completely a meme to shill ETH

[Anonymous No.17505342]

Why are people still bumping this faggot's post? He already exposed it as bait by pretending to confuse a bank site with a crypto project. Nobody is that stupid. Why are you continuing to feed his desperate need for attention?

[Anonymous No.17505343]

>>17505286
I'm gonna give you an example of how much you fucked up.

SWIFT the monetary banking system sends out 24 million transaction everyday times that by 365 and you get 8.76 BILLION transaction. not quantiative numbers but actions of order.

If you can even make .001 off of every transaction that would be $8.76M annually through staking.

Reminder that SWIFT is only a small piece of the pie, everyone will have to go through LINK, EVERYONE, I feel so fucking nausous thinking about it.

[Anonymous No.17505353]

>>17503297
>>17503297
I'd grab some coronacoin ($nCoV) before the normies buy in during the weekend bc it just hit MSM https://nypost.com/2020/02/28/coronacoin-cryptocurrency-lets-traders-cash-in-on-coronavirus-outbreak/

Forkdelta - https://forkdelta.app/#!/trade/0x10ef64cb79fd4d75d4aa7e8502d95c42124e434b-ETH
Saturn - https://www.saturn.network/exchange/ETH/order-book/NCOV
Bamboorelay - https://bamboorelay.com/trade/NCOV-WETH

[Anonymous No.17505393]

>>17505343
This is literally the dumbest thing I've ever heard.

So what, Sergey is going to become the world's first trillionaire?

You do understand that the code for chainlink is publicly available, right? Meaning that banks can just... make their own version, right? They aren't going to allow some faggot like yourself to make 10 million dollars a year off owning some meme coin.

Do you honestly even believe your own words?? what the fuck is wrong with you people.

[Anonymous No.17505427]

>>17505286
Dude we had the most savage stock market decline since 08' and Chainlink went fucking up on those days the last week. We are 15% from the USD top which is nothing, most people are in the profit. Stocks down, bonds down, precious metals down, fiat down, BTC down. Everything has been red without bouncing back besides LINK. IF you were here during the Golden LINK breadcrumb days you wouldn't sell a single one. Its apparent You don't understand the point of smartcontracts. You think people won't have recourse and lawyers will be non-existent. Lol If you have at least another 10K than fine swing your stack, but at this rate just play futures for the short term. You can even short if you are so sure we are getting another Corona hit

[Anonymous No.17505440]

Good exit, consider buying Kleros soon.

[Anonymous No.17505484]

>>17505427
I don't do futures with crypto because the point of futures is to increase volatility and crypto is volatile enough as is. If you option cryptos I think you are retarded or a masocistic self-hating gambler.

By the way, I've owned link since 18 cents. I know all about the bullshit that goes on here. I'm not saying I don't like link, I still own some, I'm just predicting another huge downturn before the real upswing begins.

Link was more stable than other cryptos, but other cryptos remained stable even during the stock crash, link isnt that special

[Anonymous No.17505532]

>>17504899
>Corona chan
yikes, he's a lobotomized /pol/ incel. and everything is now clear.

[Anonymous No.17505584]

>>17503527
I am impressed with your ignorance. The entire point of the smart contract is that it automatically executes based on certain criteria. It doesn't need to be enforced. And if you're so fucking worried about the human aspect, just ask Vitalik Buterin what to do, to which he will say "Just use Kleros." Now you have smart contracts (ETH), with the ability to interact with oracles (Link), and a decentralized arbitration platform for disputes that code alone cannot handle (Kleros/PNK). What else could you possibly need?

[Anonymous No.17505600]

>>17505484
Again you are clearly not as informed as you think you are. Futures in tadem with holding the underlying LOWERS your risk if you know what you are doing. You can hedge as the most basic strategy. Also going long is great if you hold sufficient margin I.E. positions no more than 10% of your portfolio at 10x leverage is doable but probably a tad too high. Its hard to lose when you martingale in on something when you know the monthly trend is insanely bullish. You just need patience.

[Anonymous No.17505643]

>>17505600
spoken like a true broke person

>>17505584
no one wants to use that, especially businesses who have their own logistics in place already.

Contracts are more than just a series of executable equations of if true than this. There is liability and real world factors that smart contracts can not address

[Anonymous No.17505654]

>>17504836
Yeah hopefully it’s 100k+ or you truly fucked up hard.

[Anonymous No.17505657]

>>17505643
>no one wants to use that, especially businesses who have their own logistics in place already.
they will if they can save money, dingus

[Anonymous No.17505700]

>>17505657
how are smart contracts better than amazons current online platform?

Like instead of using vague marketing words, tell me literally how chainlink would improve amazon's ordering and fulfillment service.

[Anonymous No.17505770]

>>17505643
Ah yes resorting to unbased personal attacks with no added constructive points because you have no other recourse. I haven't made 750K (I'm skeptical you did as well but many have made more than that here so its possible) but I turned 2500 in to 20K over the last month from what I mentioned in my prior post. That is in addition to my long term holding which I'll never sell.

[Anonymous No.17505772]

>>17503297
>$3.90
kek

[Anonymous No.17505789]

>>17505700
hey newfag, these conversations were had long ago. no og is gonna indulge you. you're firing off the most basic fud. enjoy your cash

[Anonymous No.17505802]

>>17503822
why the fuck would a controller have to input that data? how hard is it for a computer system to detect that a 90,000 pound hunk of metal shot off the ground at lightning speeds? they have all sorts of unique tracking systems and identifiers, you're retarded if you don't think a system of smart contracts can't automatically execute based on delayed flights

Let me explain this to you:
>sensor linked to docking bay
>ground sensors on runway 5
>control tower radar
>oracle linked to company flight schedule, airport version, and FAA version
>sensor linked to an atomic clock
If it's a 7:00pm flight and lets say flight insurance is for 30 minute or more delay
>sensor shows plane has not left docking bay
>ground sensor shows no physical signs of a takeoff on runway 5
>flight 337 not on radar
>schedule systems show "delay"
>clock shows 7:30pm
then payout is executed.

You severely underestimate the capability of technology. If there is enough contradiction in the variables (sensor doesn't show it left the dock and FAA shows no take off, but the ground sensor confirmed and the plane is on radar) the contract doesn't execute yet and humans get involved.

You are literally Paul Krugman posting.

[Anonymous No.17505814]

>>17503297
Tldr; OP is a scared faggot.

[Anonymous No.17505816]

Did you really only have a 15k link stack before you sold?

[Anonymous No.17505827]

>>17503527
brainlet

[Anonymous No.17505844]

>>17505393
>So what, Sergey is going to become the world's first trillionaire?

[Anonymous No.17505872]

>>17505643
>There is liability and real world factors that smart contracts can not address
Have you ever heard of an oracle?

[Anonymous No.17505878]

>>17503404
KEK

[Anonymous No.17505951]

>>17505393
>>17505844
2nd, the Rothschilds exist.

But also, yes. Yes, he will.

[Anonymous No.17506045]

Now i understand why oldfags left biz. Its so annoying to explain to brainlets with facts and they resort to memes to feel smart. Fucking cancer for any community.

[Anonymous No.17506068]

This is the bull signal, $10 end of March.

[Anonymous No.17506080]

i thinkin about taking out 10k to finally get my driving licence. costs around 2,5k and to do the hunting licence. should i? or keep hodlninginndejdhbjgwhef?

[Anonymous No.17506095]

>>17505951
>these two hundred people combined have a large net worth!!!!
>i can't prove it but they do and BE AFRAID!!!

Low IQ

[Anonymous No.17506212]

>>17503885
Immutability will be a benefit in some use cases.

[Anonymous No.17506225]

>>17505393
Did everyone just get here from reddit?

[Anonymous No.17506462]

>>17506225
>everyone who uses double spacing aka plebbit spacing is from plebbit
It's just easier to read fuckass

[Anonymous No.17506595]

>>17504525
>You can't argue against a smart contract, because it's just a math equation which is either executed or not
>So why THE FUCK would you want to use that over a legal system that can protect you from fraud or intent to fraud someone
you answer your own dumb question then you forget about it literally 2 seconds later

[Anonymous No.17507101]

>>17503297
>40 posts by this ID
Mentally ill.

[Anonymous No.17507134]

imagine making that much money and still being too stupid and weak willed to actually learn something, it's like his fate to be poor

[Anonymous No.17507187]

>>17505802
>>17505802
This is the right answer. Jeez if every anon just gave this answer to that specific FUD instead of skirting around why smart contracts are actually the future, no one would be flipping out right now.

As soon as he this retarded brainlet said

>Flight controller enters in the wrong information

I knew he’s way in over his head. It’s fucking automated you dumb fuck. No one is manually entering information in that specific scenario because automated weather stations exists. That’s the whole fucking point of smart contracts to prevent malicious actors or some fat fuck with a fat finger.

Buy a fucking rope with that 50k you dunning kruger dumb fuck. You’re gonna need it.

Also

>We have computers that can predict thousands of years.

How the fuck did this go unnoticed? I thought there’s a bunch of high iq autists in this board?

[Anonymous No.17507257]

>>17504436
>>17504525
>has common law contracts explained to him
>dude you're dumb lmao
Definitely ngmi, a digital contract is legally enforceable in a court of law you absolute mong

[Anonymous No.17507297]

>>17505802
This is the right answer. Jeez if every anon just gave this answer to that specific FUD instead of skirting around why smart contracts are actually the future, no one would be flipping out right now.

As soon as he this retarded brainlet said

>Flight controller enters in the wrong information

I knew he’s way in over his head. It’s fucking automated you dumb fuck. No one is manually entering information in that specific scenario because automated weather stations exists. Also the whole fucking point of smart contracts to prevent malicious actors from acting up or some fat fuck with a fat finger from messing up.

Buy a fucking rope with that 50k you dunning kruger dumb fuck. You’re gonna need it.

Also

>We have computers that can predict thousands of years of weather.

How the fuck did this go unnoticed? I thought there’s a bunch of high iq autists in this board?

[Anonymous No.17507300]

Jesus guys if ever there was a good example not to swing your link this thread is it...op is actually genuinely spazzing out trying to buy back his links. He'll probably kill himself soon so just say a prayer for the poor swinglinker

[Anonymous No.17507319]

>>17505802
This is the right answer. Jeez if every anon just gave this answer to that specific FUD instead of skirting around why smart contracts are actually the future, no one would be flipping out right now.

As soon as this retarded brainlet said

>Flight controller enters in the wrong information

I knew he’s way in over his head. It’s fucking automated you dumb fuck. No one is manually entering information in that specific scenario because automated weather stations exists. Also the whole fucking point of smart contracts to prevent malicious actors or some fat fuck with a fat finger.

Buy a fucking rope with that 50k you dunning kruger dumb fuck. You’re gonna need it.

Also

>We have computers that can predict thousands of years.

How the fuck did this go unnoticed? I thought there’s a bunch of high iq autists in this board?

[Anonymous No.17507348]

This is the right answer. Jeez if every anon just gave this answer to that specific FUD instead of skirting around on why smart contracts are actually the future, no one would be flipping out right now.

As soon as this retarded brainlet said

>Flight controller enters in the wrong information

I knew he’s way in over his head. It’s fucking automated you dumb fuck. No one is manually entering information in that specific scenario because automated weather stations exists. Also the whole fucking point of smart contracts to prevent malicious actors from acting up or some fat fuck with a fat finger from messing up.

Buy a fucking rope with that 50k you dunning kruger dumb fuck. You’re gonna need it.

Also

>We have computers that can predict thousands of years of weather.

How the fuck did this go unnoticed? I thought there’s a bunch of high iq autists in this board?

[Anonymous No.17507845]

>>17507300
He stopped replying. Honestly at this rate it would be funnier if he bought back in now and it dumped back to 3.50 again in short term

[Anonymous No.17507846]

>>17503297
You looking to get court martialed, marine?

[Anonymous No.17507914]

>>17503527
>implying there won't be popular contract templates with only IDs and money amounts as variable inputs.
That's a blockchain company right there, providing this stuff.

[Anonymous No.17507946]

>>17503297
Cool story faggot

[Anonymous No.17507950]

>>17503387
>tell me what link does.

[Anonymous No.17507980]

>>17503527
>he word "contract" means nothing unless there is a governing agency to enforce it.
It's a deterministic contract retard, enforcement by code. Our current paradigm of contracts are literally probabilistic and not guaranteed to be upheld.

[Anonymous No.17507983]

>>17507950
if ETH literally went 1400x, makes me wonder how much LINK will go.

[Anonymous No.17508024]

>>17507983
I dearly hope you haven't been dissuaded by the $1,000 eoy meme. Nobody actually knows when it will happen, but it's a serious possibility.

[Anonymous No.17509226]

>>17508024
I work with financial service company, I really see the value of chain link.

[Anonymous No.17509724]

But for real, how do smart contracts protect against fraud (OP’s argument)?

t. smooth brained nufag finding value in OP’s devil advocacy

[Anonymous No.17509792]

>>17509724
the general idea is that in cases where there is a dispute, it may in fact require human arbitration to occur
however in 99% of B2B scenarios, fraud isn't a high concern, these are businesses which have existing partnerships/contracts/business_relationships with other businesses, and they (in the overwhelming majority of cases) act honestly.

smart contracts enable massive amounts of money saving in these overwhelming majority of B2B transactions, and when there is a hiccup, they just use the method theyve been using for the last 50 years, humans

[Anonymous No.17509818]

>>17503297
Coinbase
Whatever normie, you were never belong here anyway

[Anonymous No.17510425]

>>17503297
Central banking has nations in a debt spiral. Everyone has already been planning for a recession, this Coronavirus is just us being pushed off the cliff rather than jumping.

Crypto is about to become extremely viable as fiat deflates and people's wealth evaporates.

You exited right before takeoff, there are no stocks worth investing in while the traditional economy is in full-scale collapse.

[Anonymous No.17511137]

>>17503297
If you know it's going to go down then why keep any at all you LARPing piece of shit?

[Anonymous No.17511775]

Oh look, link is plummeting as I predicted :(

[Anonymous No.17511802]

>>17507348
You're aware that things that are automated can still fuck up, right?

Take a chicken nugget factory, why do you think they still have people at the end of the assembly line checking the quality of chicken nuggets before they're boxed? Machines make mistakes, even highly automated ones...

Oh wait you work there, so you'd know better than me

[Anonymous No.17511871]

>>17507950
Was that supposed to be informational or something?

9/10 points were like, "block chain is like the dot com bubble, but better!!" or "block chain is the future, very speculative!!"

Do you really think I can't tell the difference between a shill and an actual piece of information? Faggot.

[Anonymous No.17511885]

>>17507980
no one wants that. Large corporations do not want their funds to become immutable because of muh links

[Anonymous No.17511896]

>>17509792
>however in 99% of B2B scenarios, fraud isn't a high concern

LOL. Literally one of the most retarded things I've ever read here. Don't pretend like you know things when you clearly know nothing

[Anonymous No.17511924]

>>17511137
because I still want to have more LINK than 99.9% of you fags in the 0.1% chance that it goes interstellar, linklet.

[Anonymous No.17512068]

THIS THREAD IS KILLING ME NOOOOOOOOO GO UP TO $1000 EOD NOW!!!!!

[Anonymous No.17512140]

>>17503527
>It was like $1,500 for my $550k studio

>Not wanting to save $1,500 bullshit costs
Would you want to buy a gallon of milk for $1,500? Why not? Because it's a lot of fucking money. You're treating $1,500 like it's nothing and are part of the problem. Being content with getting fucked in the ass with exorbitant fees.

[Anonymous No.17512434]

>>17512140
Can you not read?

The $1500 was for the escrow company to control the funds. They are insured, and will take full responsibility for any errors, even on my part.

For example, if I give them the wrong routing number for the wire transfer, they literally check with the other party to make sure everything is fine and the addresses are accurate, then recheck with me. If something goes wrong, they will COVER anything lost. Meaning if they wire the money to some fraudulent company in the Cayman Islands by accident, they will reimburse me.

Will a smart contract do that? Or will they just send off the money into the abyss after a few criteria are met, with no recourse being possible at all?

[Anonymous No.17512599]

OP is a moron and this thread is cancer

[Anonymous No.17512811]

>>17512434
You're literally the dude with the horse and cart ranting about cars meme. Just because YOU can't wrap your head around smart contract use cases doesn't mean it will never become mainstream.

[Anonymous No.17512908]

>>17512811
Umm... Can YOU wrap your head around the fact that any kind of technology that would save Amazon and google and Apple and whatever the fuck else trillion dollar market cap companies would be instantly co-opt and repurposed by these tech giants?

Do you REALLY think the engineers at Google, Facebook, Tesla, Amazon, etc are sitting there, twiddling their thumbs waiting for some fatass to finish working on Chainlink?

With Google's resources and tens of thousands of genius level engineers, they could make super turbo chainlink in like 72 hours or less.

Do you retards ever think about the real world? Do you think Jew Bezos and his team of tech hunters haven't already looked over chain link? All blockchain tech is decentralized, thus able to be copied, BY NATURE. Hence why we have like 40 different bitcoin clones.

Link is a cool concept, crypto is fun and I do enjoy it... but get real, it's fucking pokemon mixed with gambling for adults. It's like tech baseball cards on steroids.

[Anonymous No.17512929]

>>17511775
It's still above $4, the absolute state of FUDfags

[Anonymous No.17512937]

>>17503297
>48 posts by this ID

That many posts to get your point across autismo? See ya

[Anonymous No.17513026]

>>17512937
Yeah, 48 posts BTFO'ing everything you retards say.

I didn't come here to fight, y'all forced my fucking hand.

[Anonymous No.17513039]

Imagine being such a loser in life that you get rekt swinging your link and then spend a whole day fudding trying to buy back...a whole fucking day hes kept it up...stinks of pure desperation no matter how he tries to cut it, i can imagine him not sleeping tossing and turning at thoughts of being such a lonely dumb retard

[Anonymous No.17513050]

>>17512908
>super turbo chainlink in 72 hours
Lmfao. Is this the new supercompute on every city FUD? You are so fucking clueless. Just sell and stop asking 4chan to validate your decision.

[Anonymous No.17513074]

>>17511885
>no one wants that
except they do :) honk honk!

[Anonymous No.17513110]

>>17513074
Why are you acting like I don't have any chainlink, and that I want chainlink to fail?

I literally still have more link than you, I'm just pointing out obvious flaws in "muh smart contracts" that no one can seem to address (probably because you're all retards).

[Anonymous No.17513169]

The whole point of this thread was just for me to express my opinion that we're going to see a corona dip round 2, as we're about to see how global supply lines are ACTUALLY effected, and not just how they were perceived to be.

Fucking faggots.

[Anonymous No.17513186]

>>17503563
> also want to use this opportunity to move more investments into legit stocks like Tesla, which might actually go parabolic very soon.

larp confirmed, Tesla already went parabolic, it won't break it's ATH for years now

[Schiff Will Win !!L6zziHG8/KZ No.17513203]

Ponzimarines eternally BLOWN THE FUCK OUT
Unbelievably BASED OP
You actually got out of the ponzi
Don’t let these idiots get to you, you just market sold the entire sum of seethecoping idiots itt times TENFOLD.
Haven’t seen an OP this based in months

[Schiff Will Win !!L6zziHG8/KZ No.17513238]

>>17513186
The point is that its investint in REAL companies, with REAL employees, REAL profits, REAL products and REAL buildings
Crypto by and large is NOTHING but numbers on a screen, LINK was an ETH cashgrab from the getgo

[Anonymous No.17513304]

>>17512434
Sounds like $1500 retard insurance for you.

[Anonymous No.17513359]

>>17513304
Yeah and you need it.

[Anonymous No.17513399]

>>17513238
I think investing in real companies is great. Especially now with the market downturn, you can get some good stocks on discount. I just don't think Tesla is a good bet right now after their huge run up right before the crash.

In the world of stocks, Tesla is a ponzi scheme

[Anonymous No.17513444]

>>17513399
drive a tesla, they're amazing cars

[Anonymous No.17513503]

>>17513444
Yeah I have no fucking doubt they are great cars, I'd like to buy one. But the idea that Tesla as a company is more valuable than Ford, GM, or even Toyota is fucking insane and disconnected from reality. I don't think $200 or even $300 a share is unreasonable for Tesla. But $950 per share as it was a little over a week ago? Absolutely fucking insane. Maybe if they were selling as many cars as Ford or GM that valuation would make sense

[Anonymous No.17513532]

>>17513359
I don't need it. I've sent hundreds of transactions. How many to the wrong address? 0

[Anonymous No.17513595]

>>17513039
>>17513039
This is legit getting me hard. He really thinks FUDing here is going to affect the price enough to buy back in. Faggot OP conveniently didn't respond to my last post where he clearly had no response, but hes been "BTFO'ing" everyone. I don't know whether to feel pity or just better about myself when I see threads like these.

[Anonymous No.17513627]

>>17513444
So what would you advise to a person that wants to start investing? I really think you made some good arguments and now I’m kinda conflicted where I should start, if you could help me I would appreciate it bro

[Anonymous No.17513642]

>>17503563
>I also want to use this opportunity to move more investments into legit stocks like Tesla
Obvious bait.
I honestly miss the old days, when there was radio silence from the team, nothing on the calendar for months after Sibos, and the fud was actually scary. It was enough to make me doubt myself and wonder if I would lose everything.
Now even the fudders admit that they made a ton of money on Link and are going to buy back in. The fud doesn't even concern the particulars of Link's oracle system anymore, it has to attack the very concept of a smart contract, something that has obvious utility. Boring.

[Anonymous No.17514116]

OP vindicated, link is crashing hard

[Schiff Will Win !!L6zziHG8/KZ No.17514312]

>>17513399
Checked and Very High IQ
I’ve been saying for years Elon is running a ponzi scheme
NO profits still

Elon took hundreds of thousands of $100 deposits for preordering the cybercuck ALL INTEREST FREE and NO REFUNDS

Then he runs to VC’s “look at all these orders, 500k+ orders for this truck, i need more capital to build these” = more money to run the ponzi

Charges the maintenance and upkeep as “goodwill” = TAX FRAUD

Only reason he’s still up and running is by the good graces of SEC and Goldman Sachs

“we will make 500k cars in 2019” - Elon musk = lies and fraud
“My mission is to burn short sellers” -Elon Musk = fraud
Many fraud tweets by musk to juice the stock
Jay clayton = SEC chairman
One of jays clients = Goldman Sachs
Goldman Sachs = making millions off $TSLA

Everything EM does is to pump the stock, should be in jail, straight up mocks SEC laws and reg like he’s is above it
Same shit with happened with madoff, $JPM made a shit ton off madoffs trades and business

Elon also has no disposable cash and is in debt
Lithium batteries take a shit ton of emissions to mine, so all these people buying this “eco friendly” battery are fucking retarded
Also the lithium battery LITERALLY CANNOT BE PUT OUT, you’ve got to just let that shit burn to its finish if it sets ablaze
If you crash a tesla its a deathtrap, the doors lock you in, cannot be opened upon impact, and you roast alive by lithium with no escape
The supercharger stations take a year to charge because they are always packed with people waiting, theres not enough charging stations
The battery slowly dies over use, costs a arm to replace
In home charging stations cost too much
There is no range on it, you cannot go anywhere where this is not a tesla charging station
Elon is a fraud and a liar who conned everyone into buying shares, look how much this tanked already He will be completely exposed within 3 years. Short $TSLA

[Anonymous No.17514350]

>>17511802
What the fuck did I just read? I think my iq just dropped by negative 69 just by reading this retardation right here.

Just stop anon you sound like a edgy 7 year old who thinks they have world figured out.

[Anonymous No.17514358]

>>17514350
just screenshot this thread and include it in the bloodbath when LINK moons.

[Anonymous No.17514429]

>>17514312
This is very funny, I had this exact same conversation with my friend last night and he said everything you're saying. It may finally be time to short Tesla and make bank

[Anonymous No.17514490]

>>17503527
>>17503563

Fuck off Joe Macarone

[Anonymous No.17514520]

>>17514312
I work in trade finance, my company negotiated a funding deal with Tesla for an addition to one of their factories at one point so I've seen their financials. This shit is blown way out of proportion by the shorts. The period we were dealing with them was at their lowest when they could barely keep up with production and they were still a solid investment, we extended them a $100 million line of credit.

The truth is that Tesla does just well enough to scrape by with some accounting magic and Elon's other ventures like Space X are considered so fucking important by the US and everyone else that they will never let anything happen to him. I don't really understand why he has such a dedicated base of shorts.

[Anonymous No.17514552]

>>17514520
Oil and boomer car interests hate him

[Anonymous No.17514587]

Post link memes

[Anonymous No.17514591]

>>17514552
I know they step on a lot of toes because they are trying to cut distributors out of their business model which is a big deal. Suppose its possible that a bunch of these companies might be making deals to get all these wealth management funds to shit all over Elon. The shorts have been saying the same thing about Tesla for ages and it always does the opposite of what they say.

[Anonymous No.17515083]

Why is everyone so buttmad? Is link imploding as we speak?

Like I said, it’s not link, it’s corona fear wave 2.0

[Anonymous No.17515116]

>>17503297
>stocks
this is a Link board you retarded nigger

[Anonymous No.17515151]

>>17509818
I use coinbase and I have a larger stack than you

[Anonymous No.17515192]

>>17513595
>Faggot OP conveniently didn't respond to my last post where he clearly had no response, but hes been "BTFO'ing" everyone.
This. I've never seen someone get btfo so hard in their own thread, but he is too dumb to recognize it. I was certain it was bait but he just kept on going, maybe he really is this stupid.
>I don't know whether to feel pity or just better about myself when I see threads like these.
Both. Feel proud that you did not end up such a loser. Pity this guy because all he could do on a saturday night was embarrass himself in front of his intellectual superiors.
Just imagine how many times that loser clicked the update button on this thread. Absolute kek.

[Anonymous No.17515207]

>>17503297
Smart. It’s called taking profits.

These autists and children here don’t get it.

We will buy in at a lower price. As is part of trading.

[Anonymous No.17515224]

>>17503297

> It LITERALLY goes up for no other reason than people buying in

...that's how this is supposed to work OP are you retarded?

[Anonymous No.17515351]

ok so OP fundamentally doesn't understand smart contracts but what is the realistic price Link can really reach? Surely it can't hit 100+ because then the cost of getting reliable data would be in the 4-5 digit sum, at which point it wouldn't make sense to use Link

What am I missing?

[Anonymous No.17515386]

>>17515351
Declining supply and increasing demand. Combine that with speculative fomo and the price could get really stupid.

[Anonymous No.17515391]

>>17505212
this is shit fud go back to twitter faggot

[Anonymous No.17515408]

A Ponzi scheme because the price goes up and down. Imagine being this retarded.

[Anonymous No.17515497]

>>17515351
The price of link isn't relevant to its utility to end-users. End-user behavior in transactional crypto systems has consistently been just-in-time purchases for transfer, followed by immediate sale into a stablecoin or BTC/ETH.

So LINK price will always be 'Something * (transaction velocity / token supply)' The transactional *volume* is irrelevant.

[Anonymous No.17515744]

Oh look, it’s at my sell price now

[Anonymous No.17515768]

>>17515351
>What am I missing?
The fact that transactions can be denominated in USD but paid in LINK. e.g. if the fee is $10 and LINK is $10, it costs 1 LINK. If the fee is $10 and LINK is $100, it costs 0.1 LINK.

[Anonymous No.17515876]

Bump.

This wasn’t originally a FUD thread but you faggots forced my hand

[Anonymous No.17515891]

>>17503527
Do you really think Sergey didn't consider all the stupid shit you wrote before he even started the company? This is nothing like what you're imagining faggot

[Anonymous No.17515904]

>>17515891
And yet, no one here can refute my arguments and everyone just gets BTFO’d by me repeatedly. Weird.

[Anonymous No.17515912]

And we’re below my sell price

[Anonymous No.17515970]

>>17503297
damn...reading this thread makes me realize there's some really troubled swingies out there. They sell low and buy high losing linkies in the process then create a thread to bump themselves and stare at for hours to try to make themselves feel better. I almost feel sorry for them lol

[Anonymous No.17515993]

>>17505532
Yeah he really discredits himself severely for thinking corona will be anything

[Anonymous No.17516011]

>>17503297
You are a fucking brainlet. Also if you had sold that exact same amount on coinbase Pro you would have saved hundreds of dollars in fees and then simply transferred back to your normiebase wallet

[Anonymous No.17516065]

>>17515904
You’re getting hung up on the semantics. A smartcontract is an if/then program basically and it is really one of the only good uses for blockchain. It can be programmable money, legal contracts, data exchange etc.

[Anonymous No.17516090]

>>17515912
And we're still above my buy price

[Anonymous No.17516091]

>58 posts by this ID
Mentally ill.

[Anonymous No.17516125]

>>17515391
Are you retarded? That wasn't even FUD. There is clearly a concerted effort to get our LINK. Just because I said it might shake out again before lift off doesn't mean I'm saying sell, just buy on the dip. The USD chart didn't look great, but LINK/BTC does and that dictates the price more anyway.

[Anonymous No.17516180]

I'm not trying to "get your links"

I literally still have more link than 99% of the people who come to this board.