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/biz/ - Business & Finance


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File: 112 KB, 1918x578, Screen Shot 2020-06-21 at 2.22.31 PM.png [View same] [iqdb] [saucenao] [google]
19845004 No.19845004 [Reply] [Original]

idk if you guys are really stupid or just straight up autistic

but here ill spoon feed to you


defi = new money


comp = moons.

ave follows.

maker will soon follow.


defi projects are all going to increase 2:1 on btc and eth


world crisis we want privacy normies flee to crypto.


volume increase, market follows.


chain link is one of the back bones of any defi project
chainlink is also using the tellor platform
tellor and chain link and binance and maker are partnered.
if you still don't understand then you don't deserve the money

>> No.19845032
File: 99 KB, 626x939, meatthecafe.jpg [View same] [iqdb] [saucenao] [google]
19845032

so chainlink 50eoy

>> No.19845092

Just bought my first bag, fren. Pls don’t dump on us.

>> No.19845093

>>19845032
Ill give you 20$ eoy

but in terms of just gains.

tellor is literally gonna 100x by the end of the year,

And god i hope one of you faggots screen cap this

TELLOR PRICE 7.3$ 21 June


if its not 70+ by jan 1st 2021

ill give everyone in this thread 1 eth.

don't miss this one u fucks.

>> No.19845429

>>19845093
leave ur adresses you weak cunts

>> No.19845444
File: 68 KB, 1022x731, It's_All_So_Tiresome.jpg [View same] [iqdb] [saucenao] [google]
19845444

FOR FUCK'S SAKE YOU MORONS (yeah, hey frens. it's another Tellor scam post.)

>> No.19845476

>>19845093
Can you give a quick rundown on Tellor and why I should buy for 1k USD?

>> No.19845494
File: 159 KB, 2336x660, Screen Shot 2020-06-21 at 2.59.41 PM.png [View same] [iqdb] [saucenao] [google]
19845494

>>19845444
holy shit dumb fuck wasted trips on this retarded statement yeah dude


FUCK MAN

FUCK HOW MUCH DO I HAVE TO SPOON FEED U FUCKERS


U retard please dont buy into this scam im fed up

>> No.19845525

>>19845494
Where do I buy this fren? I took the DeFi pill last week and have been looking for projects that didn't moon that hard yet. Also picked up a bag of BNT because I like the concept.

>> No.19845531
File: 150 KB, 3358x830, Screen Shot 2020-06-21 at 3.01.28 PM.png [View same] [iqdb] [saucenao] [google]
19845531

>>19845476


I hope you can read,

here is a link to the website

https://tellor.io/


I have also attached their investors, if you would like to take a look


if you haven't figured it out

ill give you a little more

https://medium.com/@tellor/tellors-consensys-grant-journey-ec18c64b55a2

here is a medium article

tellor has received a grant from consensys

now if u don't know consensys then god help you


its a billion dollar company. please refer to google.

the founders networth is estimated to be in the billions.


other two partners are maker and binance
I cant spoon feed anymore then this

Godspeed anon

>> No.19845557

>>19845525
now here is a smart man

defi is the future man and we are in this bitch earlier then we would like to believe, people really underestimate things in the longterm and well these retards also overestimate things in the short term...

https://idex.market/eth/trb

thats ur link

top trading volume on idex


its gonna get some solid listings very soon, refer to the investors


good on u my friend.

>> No.19845639

>>19845531
Thanks for the info. I'll look into it. However, can you tell me why it's called "Tribute" on IDEX? If I go to CMC>tellor>markets and click on the IDEX TRB/ETH pair, it says "Tribute" on IDEX, as if that's the name of the token. Just want to make sure I'm buying the right one, if I decide to buy.

>> No.19845642

>>19845639
yeah thats the right token.

>> No.19845654

>>19845639
It's Tributes, with an s, sorry.

>> No.19845657

>>19845639
if ur worried about buying something else

well $TRB tracker is for tellor/tribute name changed*

also its top volume on idex so its kind of hard to miss


https://coinmarketcap.com/currencies/tellor/markets/

and here if u wanna just go directly to markets from there you can go through that as well

>> No.19845659

>>19845642
Okay. Thanks. But why is it called that on IDEX. do you know?

>> No.19845675
File: 238 KB, 1200x1200, TRB tip.jpg [View same] [iqdb] [saucenao] [google]
19845675

I'm already all in on Tellor easy x100

My prediction is $1k-6$k end of 2021. Super comfy right now.

>> No.19845688

>>19845004
>>19845494
anon who gives a shit about them. if you know you know, you know? fuck everything else

>> No.19845733
File: 540 KB, 1200x756, TRB TELLOR.jpg [View same] [iqdb] [saucenao] [google]
19845733

>>19845688
Yeah I gave up on trying to spoonfeed them, they just attack you and call it a scam lol, their loss I'm just chilling

>> No.19845761

>>19845733
>>19845688
you know what you dub boys are right

im actually giving up on this board


lets ride this baby out boys

cheers

>> No.19845793

>>19845093
Let's make that gamble, then. Note this address and make sure to do the needful you fucking pajeet, you made me buy a top and so far I've been down in TRB so you better pay up if your prediction doesn't come true.
0xA50f1A3E266e0Cba54dE6390CBf038B899325F7E

>> No.19845833

>>19845793
you know what motherfucker. SCREENIT.


January 1st 2021

Ill be looking out for ur post.
I want some green wojaks with the screencap when you make it though.

>> No.19845883
File: 181 KB, 2120x946, Screen Shot 2020-06-21 at 3.27.00 PM.png [View same] [iqdb] [saucenao] [google]
19845883

IDK if anyone of you have any basic sense of TA or how altcoins move.
but if this ain't the most bullish chart I ever seen.

>> No.19845902
File: 193 KB, 1354x552, Screen Shot 2020-06-21 at 3.29.05 PM.png [View same] [iqdb] [saucenao] [google]
19845902

>>19845883
the break through is gonna hit soon boys strap the fuck in.

>> No.19845905

>>19845883
why should I be get tellor instead of more link?

>> No.19845926
File: 413 KB, 811x767, FsDrg0BoZ3ZnJTZbVTKF6JdEovJ-zSva1A3mmYdc9_4.png [View same] [iqdb] [saucenao] [google]
19845926

>>19845557
Thanks for the info lad. About to buy 100 Tellor to test the waters. With the way things are going this shit will be $8 before my deposit reaches my Metamask wallet dammit

>> No.19845958
File: 236 KB, 1950x908, Screen Shot 2020-06-21 at 3.31.02 PM.png [View same] [iqdb] [saucenao] [google]
19845958

>>19845905
man u guys are really asking some dumb questions


dude this is a defi oracle valued at a 9 million dollar marketcap partnered with some of the biggest names in the fucking game


Link is a solid buy, good long term hold I reckon eth is a good long term hold as well

coming from a guy who holds

320+ eth

and almost 5k link


but if you want some big gains im taking 100x potential, without any moon boy shit

tellor will take you there at least from my experience in this space, its free advice take it or leave it.

>> No.19845984

>>19845833
Don't worry, I took a screenshot too. I will make sure to post this everywhere I can and shame you if it doesn't moon as you've promised.

>> No.19845988

>>19845958
I hope you guys take a look at the volume of tellor on idex

this is gonna be a big trader on dexes'

wait until they fund the uniswap pool.


once its on bincane then its really over for anyone who didn't get in


Ive been spending way to much time bumping this post with information


really hope you guys took away something from this if not then I cant help you boys.


good luck friends. don't fuck this opportunity up I say that as sincerely as I can

>> No.19846005

>>19845984
you sound like a cuck, but its good that once you make some money you will waiver from your faggot ways and maybe even become more of a man

good luck and hey maybe I do end up sending you an eth although probably unlikely since I think I know my shit.

>> No.19846059

>>19845958
I'm asking because I currently hold 5 figures worth of link. Link and Tellor are both Decentralized Oracle. Why should I bet on two deoracles? Long term speaking

>> No.19846174

>>19846059
The new money wants an accurate, manipulation free, valuation on their trades. Tellor solves this and will operate in unison with the functionality of link, as an adjunct, not against it.

>> No.19846194

>>19846059
Look at their respective market caps for starters.

>> No.19846231

>>19846174
>will operate in unison with the functionality of link
alright ill buy some

>> No.19846246 [DELETED] 
File: 488 KB, 1780x673, 9d8b27b226657bd2a54d8b43fcedaa40.png [View same] [iqdb] [saucenao] [google]
19846246

I'm gonna COOOOOOOOOOOM

>> No.19846322

>>19846231
There is potential for a bridge between teams, but no official partnership.... yet.

>> No.19846332

bumping for more anons to see

>> No.19846350
File: 45 KB, 360x585, c35dff0a3b87e3f7681d3c0279b66763.jpg [View same] [iqdb] [saucenao] [google]
19846350

I'M GONNA COOOOOOOOOOOOOOOMMMMMMMMMMM DELETE THIS

>> No.19846360

0x65FB6DBed15097973788129b86C81960C4ba74De

Remember OP , Jan 1st 2021 .. I just bought 100

>> No.19846370

>>19846332
bump

hopefully, these idiots can finally make it to something early

>> No.19846386

>>19846360
there we go

what is this now 2 eths, I hope you boys are screen capping this

and trust me Ill shit out 2 eths to you cocksuckers but when this thing moons, which it will

I want some praise.

>> No.19846403
File: 48 KB, 1478x409, take off.png [View same] [iqdb] [saucenao] [google]
19846403

OH MY...

>Looks like we're about to take off lads, strap yourselves in. This is not a drill, I repeat, this is not a drill!

>> No.19846419

>>19846403
ITS TIME FOR FUCKING TAKE OFF BOYS

>> No.19846452

Even if there’s a retrace, so what? Viable DeFi with a total supply of 1.36 million? Fug...

>> No.19846454
File: 49 KB, 498x573, 1547495357090.jpg [View same] [iqdb] [saucenao] [google]
19846454

>>19846059
I'm balls deep in LINK and did some digging. First of all the way they tackle the Oracle problem is completely different. From their website:
>The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point and the company takes a 10% dev share to support the development of the ecosystem.

So instead of selling premined tokens to cover dev costs (like Chainlink), Tellor uses something called "dev share" as mentioned above. The way these 2 projects differ is a bit much for me to explain right now, but I urge you to compare them.

My conclusion is that even though Tellor and LINK are both Decentralized Oracles, their approach, funding and staking mechanisms are so completely different I don't think it's a bad decision to bet on both of them. ChainLink has the first mover advantage, the name and network, while Tellor (from what I gathered this past hour) has some pretty solid connections, a low marketcap and a small but competent team. They also seem to focus on finance more, while ChainLink is aiming to encapsulate everything by becoming a protocol layer.

I will do more research the coming days but I'm picking up a small bag of 100 TRB just to be sure. I also picked up 1000 BNT 2 days ago and will be looking into a few other DeFi projects. I feel like DeFi is going to kick off the 2020 bullrun like ICOs did in 2017 and buying in at the (relative) ground floor for these projects can net you insane returns.

>> No.19846513

>>19846454
ill give you the one most important thing that you already sort of mentioned but I feel like your surpassing how valuable it is
tellors. complete focus is on becoming a defi oracale like u said focus on "finance" I don't u understand why or how that will cause this to moon.

100 million marketcap for a defi oracle is literally nothing, especially something already functioning like tellor.


in boxing we refer to this as the best boxer pound for pound.


in the oracle space ill give you the best project pound for pound

at the moment it is tellor, once again I am already on board with 20k+ invested in link but tellor just has more potential from a strictly price/profit perspective and lets fucking be honest 99% of us are here to make some money.

looks like your doing some solid research anon. hope you got ur moon bag this thing will take off

>> No.19846525

>>19846513
lmao sorry for the fucking gibberish im writing all of this from my fucking phone.

anyways boyos I think ill head off now, keep this thread alive hopefully more people see how fucking undervalued this coin is

>> No.19846603
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19846603

>>19846525
Sure thing

>> No.19846643

>>19846513
>tellors. complete focus is on becoming a defi oracale like u said focus on "finance" I don't u understand why or how that will cause this to moon.
Oh don't worry, as an avid Chainlink cultist I know why that is import, and it's making my mouth water.

>in the oracle space ill give you the best project pound for pound
I agree, it's certainly looking like a very solid buy at these prices. Like you said, 100m marketcap for a project like this is easily attainable. There are other DeFi projects already firmly in the top 100 and I think Tellor will follow suit.

>especially something already functioning like tellor.
I haven't been able to check out the github yet but they mentioned in an article that they already have their decentralized oracle model working on mainnet. If so, that's pretty impressive and I'm eager to see it in action.

Just deposited 4 eth to Idex and as expected TRB is now almost $8. Just picked up my first bag lads, let's hope we see some returns.

>> No.19846731

>>19846643
Baste.

>> No.19847053

another bump for my omigo

>> No.19847151

>>19847053
Biz doesn’t deserve to know. Marines that memed me out of link at $0.40 deserve to feel the pain I’ve felt for years now. I hope everyone passes this up while they’re busy frog posting.

>> No.19847196
File: 649 KB, 1440x2960, Screenshot_20200621-225945_Delta.jpg [View same] [iqdb] [saucenao] [google]
19847196

>>19847151
I was one of those anons, I'm sorry fren. Let's hope we all make it with the coming DeFi boom.

>> No.19847222

>>19847196
Is that YOUR portfolio? All that does is make me feel lousy. I haven’t eaten anything in days..

>> No.19847330

>>19847222
That is my portfolio. I squandered like 10k LINK with bad trades and unlucky entries, but at least I managed to scrape together 5k.

>I haven’t eaten anything in days..
Why not anon?

>> No.19847401

>>19847330
Sleeping 5 hours per night due to OSA, despite having an 8 pack and 17 years of lifting and an impeccable diet. I’m going to lose my job and be out on the streets before long.

>> No.19847442

I have been burned by XIO and ESH. I just put 2 ETH into this. Don’t fuck me, anon. If you fuck me ill fucking stick a finger in your ass.

>> No.19847453

>>19847401
That sucks, any other options to combat it? I'm assuming you can't afford one of those machines to alleviate OSA. I know a guy that also suffered from sleep apnea and they burned the sinuses in his nose away so more air could pass through. It didn't fix it completely but at least made it a lot better. He didn't have the throat blocking kind of apnea though.

>> No.19847479

>>19847453
Tried cpap, I sell them and other respiratory equipment for a living. Pressure changed, 5 masks, couldn’t get used to it.

>> No.19847495

>>19847453
And I have 500 link that I paid $2100 for; my first bag. Please don’t fret being a future millionaire too much.

>> No.19847573

>>19847495
bumpidy bump

>> No.19847608

>>19847479
>>19847495
Sorry to hear that man. Good job on the LINK bag though, it's going to be a wild ride. Play your cards right these next two years and you might be able to retire. People turned $2k into millions in 2017.

>> No.19847705

>>19847608
here's another

>> No.19847932
File: 21 KB, 523x384, tellor trb icon.jpg [View same] [iqdb] [saucenao] [google]
19847932

Lets get this educational thread going again. BUMP

>> No.19847986

I'm a retard I just swapped 1 eth for it on uniswap

>> No.19848086

>>19847986
It’s has the endorsement of consensys and MKR, man. People are too disenchanted with the discord scams to see a diamond in the rough..

>> No.19848117

>>19848086
I meant I lost my eth not that I don't believe in the project

>> No.19848239

>>19848117
Absolute rip, don't wanna know how that must have felt

>> No.19848313

>>19848239
Not good

>> No.19848324

>>19845833
>banned newfags
>>19845793

>> No.19848387

>>19848324
>implying /biz/ janny gives a fuck

>> No.19848490

>>19848117
I’m sorry, man. That’s actually not comfy at all.

>> No.19848621

>>19848490
yep

>> No.19848861

>>19848621
bemping for education

>> No.19848877

Hm link didn't go up in price because it was a decentralised oracle...
Link went up in price due to connections to Google, Swift and Libracoin.
Amongst many many others.
This piece of shit has got no direct connections of that promise.
Ideas are meh, go for the coins that have connections to big players.

>> No.19848940
File: 622 KB, 840x443, tellor-interview-11-13-19.png [View same] [iqdb] [saucenao] [google]
19848940

>>19848877
Dude let me put this straight...

>You're a straight up retard, who didn't bother to read any of it, or completely missed the point.

Sorry not sorry, face up to the facts. Your loss at the end of the day, keep on holding your shitcoins or what ever you've got going in your basement.

>> No.19848987

>>19845004
CEO is female

>> No.19848997
File: 84 KB, 750x930, original.jpg [View same] [iqdb] [saucenao] [google]
19848997

>>19848877
Or maybe you're at such a loss right now that you haven't got the balls to cut you'r losses so you've been holding bags for the last year or two, so shitting on other projects which are actually good gets you off and makes you feel better about your life lol

>you be you though, I just find your level of autism pretty funny

>> No.19849013

>>19848987
Thx jst bought 100k and dumped all my Link back to your hands

>> No.19849250

>>19846603
thats a sheep

>> No.19849372

bumping for OP y'all

>> No.19849410

This thing doesn't move at all. I'm considering selling after only a few hours because the project isn't that promising

>> No.19849626

>>19849410
I see it as my strongest hold in a long time, read about all the stuff that’s up and coming from Tellor.

>Guis it’s gone up 39% in two days and now its only been a few hours on a Sunday night and its not moving anymore, I think I’m selling!
>Listen to yourself Anon

>> No.19849690

>>19849626
Let him sell it lol, hes a fgt by the sounds of it, if you are that much of an incel then you just don’t deserve to ever make it. Probs the most pathetic thing I’ve heard anyone say on /biz today

>> No.19849765

>>19849410
Do it fag, I’ll happily buy your bags

>> No.19849790

>>19849626
>>19849690
>>19849765
Nice samefagging. Just sold you fucking niggers

Nah just kidding. I'm shitposting in order to bump the thread

>> No.19849806
File: 45 KB, 600x600, 1526086093_reee.jpg [View same] [iqdb] [saucenao] [google]
19849806

>>19849790
REEEEEE

>> No.19849960
File: 20 KB, 160x160, 1592680044637.png [View same] [iqdb] [saucenao] [google]
19849960

>>19849790
Wow a bunch of (TRB) exchanges have just hit $8.05-$8.50. Niceeee. Must be the Chinese

>> No.19850014
File: 581 KB, 584x642, Ane Naru Mono Chiyo Pout.png [View same] [iqdb] [saucenao] [google]
19850014

>>19849960
Am I retarded for looking at the price on Uniswap?
Last time I checked, the highest we've ever been was something like 7.9 USD
I guess if we managed to hit 8 USD somewhere else, that's a good sign.

>> No.19850018

>>19845004
Who is using it though? What DeFi projects are actually using Tellor oracles?

>> No.19850150
File: 554 KB, 2424x746, 1592751964373.png [View same] [iqdb] [saucenao] [google]
19850150

>>19850018
Just quoting OP here:
>chain link is one of the back bones of any defi project
chainlink is also using the tellor platform
tellor and chain link and binance and maker are partnered.
if you still don't understand then you don't deserve the money

>> No.19850168

>>19850018
More info in this thread, try scrolling up

>> No.19850204
File: 230 KB, 1489x685, cmc.png [View same] [iqdb] [saucenao] [google]
19850204

>>19850014
I'm using CMC

>> No.19850217

>>19847932
I'm back after doing some more research. Currently watching this interview with the CSO: https://www.youtube.com/watch?v=frHL3J2NAOo

Read the whitepaper, skimmed the audit paper (fucking 110 pages). Did some digging into the blockchain project that audited Tellor's code base (CertiK) and arrived to the conclusion that they are legit.
CertiK Foundation is founded by Computer Science Professors Ronghui Gu of Columbia University and Zhong Shao of Yale University and is a non profit.
Also when you look at the actual audit report you will see the correspondence between the auditors and the Tellor team, in which they discuss and point out flaws and errors in the Tellor codebase, which of course have been fixed in later revisions.

So as far as code base goes I'm 99% sure Tellor is legit. However, I'm still not completely sold on Tellor's use case, especially with ChainLink already having captured so much of the market share. In this article: https://medium.com/@unitimes_/unitalk-with-tellor-team-why-we-need-decentralized-oracles-1a545d6de62b, the CEO (Brenda Loya, MA Applied Economics from Johns Hopkins) is asked what Tellor's use case is, and she replies by pretty much explaining the Oracle problem in DeFi. So in other words Tellor is going to provide price feeds in order to eliminate the centralized point of failure in DeFi. This is only one of Chainlinks use cases, and depending on how well Chainlink is going tackle this problem it's going to be very hard for Tellor to onboard users. In the youtube video I linked above the CSO shortly mentions how they are too small to capture big DeFi projects, and how they are struggling with onboarding users (starting at around 28:20).

So let's summarize. (Cont)

>> No.19850223

>>19850168
It’s endorsed by consensus and MKR. An endorsement is not utilization. I know LINK does like Aave and Synthetix data (don’t quote me I think it’s these) but does Tellor do any DeFi related price feeds like that? Or is it just in development

>> No.19850237

>>19850217
(Contd)
Pros:
+Solves a real problem in a rapidly expanding industry
+Working product (this is huge, 99% of crypto is vaporware)
+No ICO, no premine (also huge, there are no devs or ico whales about to dump on you)
+Codebase has been audited
+Team of dedicated white Americans (scamming potential significantly decreases with this)
+CEO and CTO have master degrees from accredited university (Johns Hopkins)
+Received two funding rounds, one by Consensys one by Binance labs (big players, possible Binance listing)
+Low marketcap. <10m currently, similar project like Band has a marketcaps of 25m. Chainlink is at 1b+.
+Hybrid PoS/PoW looks interesting, not sure if it's more than just a novelty

Cons:
-Competition is widely regarded as the to go to oracle solution and has signed all the big players. Is set out to be THE standard and might leave no room for a small competitor like Tellor. This is the biggest FUD desu
-No users. They went live in august 2019, but have yet to announce any real users. Since the security of their network relies on the token price going up, they really need to start onboarding users
-Very barebones oracle solution. They have a lot of upgrades scheduled for V2 though.
-According to the white paper, the supply will increase from 1.3m (currently) to more than 3.5m within a year. After that the inflation will decrease. Still, that's a lot of coin dilution.
-144 queries per day. Tellor queries it's miners for data every 10 minutes. Chainlink promises to do it in real time. If CL manages that and stay secure, Tellor is obsolete (there is of course, an IF there).
-Female CEO (Not a sure negative but hey who knows)
-Went up 300% in the last month from $2.00 to almost $8.00. Might retrace to $4-6

(Cont)

>> No.19850268

>>19850237
(Contd)

So in conclusion, I would never bet on Tellor to win a large share of the decentralized oracle market. Chainlink is miles ahead in that regard with more funding, better backing and a way broader use case. However, Tellor could very well one become a small subset of this oracle eco system and do very well since the team seems trustworthy and they have Binance and Consensys backing.

This leads me to believe that investing at these prices, although risky given the recent pump, is not the worst decision. As it stands I believe Tellor is worth at least 25m on speculation alone and might be a contender to breach top 100 if they manage to onboard actual clients. I'm sitting on a small bag of 100 TRB now, but I will definitely keep an eye on them and increase my stack if they make progress on that part.

>> No.19850288

>>19850268
Wow probably the most realistic and straightforward assessment I’ve seen in 9+ months on here. A rarity

>> No.19850341

>>19850217
June 19th is when they're roll out Tellor V2, things will get really interesting then, good read by the way, I'll check out that vid.

I've joined their Telegram, asked a few questions on there, the Mod's pretty active and provides you with various Medium articles depending on your question, so he's rather helpful

>> No.19850358
File: 171 KB, 268x229, gif.gif [View same] [iqdb] [saucenao] [google]
19850358

>>19850217
>>19850237
>>19850268
Great posts, anon. I hope you won't mind me screencapping them for future use.

>> No.19850455

>>19850288
Thanks anon. I've been doing my homework lately on DeFi projects given the pumps some of them received this month, and I thought I might as well share it with my /biz/ bros.
I haven't bought anything but LINK since 2018 but I'm finally convinced that the eco system LINK is realizing will present plenty of opportunities for profitable DeFi plays besides LINK itself.

>>19850341
>June 19th
I think you meant july, and do you have a source? All I could find was this article: https://medium.com/tellor/proposed-v2-upgrades-dd3c325ce49a but it doesn't seem to mention a date.
I'll check out the telegram too, thanks.

>>19850358
> I hope you won't mind me screencapping them for future use.
Not at all friend. I will probably be rewriting them tomorrow though since I wrote all that fueled by coffee and procrastination while it's way past bedtime

>> No.19850456

>>19850237
Wrong. It doesn't actually rely on the token price going up constantly, that's where they've placed smart inflation/deflation so I would correct you on that. Good read though

>Since the security of their network relies on the token price going up, they really need to start onboarding users

>> No.19850544

>>19850237
Another major error. Tellor isn't going up against Chainlink. It's not one wins all. It specialises in its own area of expertise. So there is no direct competition.

>> No.19850565

>>19850544
Both compliment each other. It's a /biz/ myth that Tellor is here to "take out" Chainlink

>> No.19850645

>>19850565
And apparently, people believed it on reddit

>> No.19850647
File: 13 KB, 706x143, TellorWP.png [View same] [iqdb] [saucenao] [google]
19850647

>>19850456
Thanks for pointing it out, I will rectify it for my next draft. I meant to say that at current prices and client usage, the network can't be very secure. See image

>> No.19850702

>>19850544
What does it specialize in exactly? What is the niche?

>> No.19850732

>>19850544
>>19850565
>It specialises in its own area of expertise. So there is no direct competition.
I would disagree. Literally all Chainlink does at the moment is providing price feeds (which has been major fud for a while) to DeFi contracts. Granted, technically Chainlink isn't decentralized while Tellor is, but when/if Chainlink reaches true decentralization, they are a direct competitor to Tellor. That doesn't mean that there is no room for Tellor though. In the video I posted as well as in multiple articles, the Tellor team mentions that they believe they can co-exist with Chainlink since a lot of companies might want to be using a multiple or mixed decentralized oracle solution. This has also been Chainlink's philosophy as far as I can tell lately, as they seem to be aiming to become a protocol layer encapsulating (consuming) the whole oracle ecosystem.

>> No.19851029

>>19850732
You, sir, are a gentleman and a scholar. Nice write up with measured points to consider and weigh. I’ll be the delusional optimist and say a functional DeFi product that can do what it purports to do will certainly be a nice investment with the upcoming bullrun and DeFi hype, chainlink success notwithstanding.

Anything else DeFi related on your radar atm?

>> No.19851306

>>19851029
>a functional DeFi product that can do what it purports to do will certainly be a nice investment with the upcoming bullrun and DeFi hype, chainlink success notwithstanding.
My thoughts exactly. I haven't felt this excited about crypto since the 2017/2018 LINK info threads we used to have. I really hope DeFi is going to kick off the 2020/2021 bullrun.

>Anything else DeFi related on your radar atm?
I spent some time last friday reading up on Bancor. I only remembered it as the jew coin that got rekt by a hack in 2018, but it looks like they pivoted hard. They put forward a really interesting solution to the impermanent loss problem plaguing AMM (Automated Market Maker) pools, which supply DeFi with the liquidity needed to actually function. Their V2 platform promises to provide liquidity with practically non existent slippage and no impermanent loss for the liquidity providers. I'm on my phone atm so can't link the articles, but I suggest you google it and read up on it.

Sadly I missed the pump, but I still picked up 1000 BNT in case it pumps further. Looks really promising and marketcap is still decently low. BNT reached an ath of about $10 in the last bull run with an objectively inferior product and team compared to where they are now.

Besides Bancor not much, but I haven't been able to dive into the other /biz/ shilled coins yet. Got any tips?

>> No.19851380

>>19851306
Both my buy ins for Tellor and Bancor are quite small because I'm expecting a retrace by the way, so I wouldn't go all in just yet. These are suicide stacks and I hope to accumulate at lower ranges

>> No.19851627

>>19850237
>>19850217
These are roughly the same conclusions I drew a few months ago. I'm a LINK ico buyer and currently 50-50 LINK/TRB. Patiently waiting for V2

>> No.19851894

>>19845004
bump

>> No.19852037

>>19850647
TRB needs to pump hard for it to bolster security, it's sort of a chicken/egg scenario. So if they eventually onboard clients it practically guarantees a Giga pump. Also something bullish no one mentioned: Binance gets a small percentage of mined tokens as a result of the Lab support, so CZ has a direct need to make this succeed at some point. It's my biggest bag by far right now

>> No.19852082

>>19845004
TRB and DMG and VEO Chad reporting in!

>> No.19852093
File: 138 KB, 382x349, 4AB27D9C-0D86-447F-8875-549F61DF15A4.png [View same] [iqdb] [saucenao] [google]
19852093

>>19852037
Delet this.

>> No.19852129

>>19845004
thanks im buying more chainlink

>> No.19852142

>>19845004
Has Tellor solved the Oracle problem or are they working on trying to solve it? Chainlink has 3 + years in trying to solve it and they still haven't solved anything. The formula applies to the rest of the scams. Bitcoin solves double spending and works as a peer to peer digital currency without a middleman. The price of the coin has no relation to what the projects actually set out to accomplish and what technology they bring to the table.

Pump and dump shitcoins. Never ends.

>> No.19852248
File: 53 KB, 1000x1000, tellor logo 1.jpg [View same] [iqdb] [saucenao] [google]
19852248

>>19852037
Same here, that's exactly what a lot of people don't seem to realise. We will literally hit $1k soon But I estimate the price to be around $3k-$6k

>> No.19852393

>>19852248
We'll hit at least $100 before the end of the year. 1k and up is bull run territory I feel, but with enough hype and a big listing / clients $300-$500 is my personal prediction. Still huge gains either way

>> No.19852646

coomp

>> No.19852653

>>19852393
Yeah I'm prob selling at the 500 mark Tbh another 2x will come easy but 500 is 100x which i csnt wait for.

>> No.19852919
File: 80 KB, 737x503, ahm.png [View same] [iqdb] [saucenao] [google]
19852919

>>19852653
Check this out

>> No.19852959

>>19852919
Based.

>> No.19853087

>>19852919
Based.

>> No.19853389

>>19845004
MOVE THE FUK OUT! TELLOR WHALE COMING THROUGH

>> No.19853462

>>19846454
already uses 50% of links gas desu

>> No.19853638

Looks like we’re about to take off for another run lads, load up

>> No.19853653

>>19853638
This is literally the Make It Coin

>> No.19853875

OMFG JUST REALISED WHAT ONE OF THE ANONS ON HERE MEANT

>IF YOU KNOW YOU KNOW
>$3K EOY 2021

>> No.19854343

where to buy as american?

>> No.19854924

>>19845429
Anon, I’m not leaving my address because you are right.

>> No.19854969

>>19845093
>>19845429
If it doesn't I'm going to take a shit on your chest.

0x6Ec451AA6643339b4Ebc891a1aE7816a6eB

>> No.19855098

Massive shill of a scam that's barely been developed.
No one uses this shit; idc about the devshare shit

>> No.19855458

Yea this shit reeks so hard of a pump and dump group shilling. They pick a random project with low mc that fits into the trendy theme (defi) and then shill the shit out of it. All the super aggressive 1k soon shilling is offputting. There's no proof of anyone using this or having any interest in using it. The "partnerships" are not that impressive at all. Literally just a couple grant programs that anyone can apply to online by visiting their websites. Also no mention of teller on the binance labs portfolio. Might be worth a small gamble because its low market cap but this reeks of a pnd group.

>> No.19855539

>>19848877
Bumping my own post again, so anons don't get scammed by their nonsense.
32 posts by this lousy ID in one chat.

>> No.19855812

>>19848877
>>19855539
>Link went up in price due to connections to Google, Swift and Libracoin.
False. Only one of those names actually tangibly pumped Link, and that's google. Link went up in price because it's the first mover in this scene, poised to capture a very large share of the decentralized oracle ecosystem. Like I mentioned in my summary further up in this thread, Tellor and it's team is legit and perhaps undervalued at 10m marketcap. It's far from a scam.

>> No.19855843

>>19855812
Switched ID btw.

>> No.19855855

>>19848877
If link was 10m mcap i would but it's 1.5bil. This has more gains in it u buy before the connections come up and dump when they do.

>> No.19855877

>>19855855
TRB could be one tenth the marketcap of Link and that's like a 10x from here. If you don't have much to invest buying Link is retarded, tellor has a MUCH greater return on investment opportunity, like magnitudes greater. If you DO have much to invest this is like buying eth sub $10, so good chance to become a whale on the next big project

>> No.19856916

>>19855855
We knew about links connection with Google in August 2018.
Us oldfags know what we are talking about.
Back then the token was around 20 cents.

To be honest I do think this project is a scam, however it does have the potential to perform a 'neo'
For those unfamiliar that was an eth clone which pumped Heavily, quite redundant now, but a good investment.
Could be the new Neo, may pump to 200 dollars

>> No.19857825

bump