/biz/ - Business & Finance

[Anonymous No.21236331]

>up 223% in one month
>only $0.11 per, up from $0.03 just a few weeks ago

Imagine not bagging and missing out on yet another opportunity to financial freedom

[Anonymous No.21236543]

Kleros is a bullshit token ... seriously NOBODY on the employer site want this shit, why would they want a few fat sweaty pajeets to choose about their contracts?

[Anonymous No.21236819]

>>21236543
Same fud from before we 20x’d our bags. Alright.

[Anonymous No.21236960]

>>21236819
He's not wrong. Kleros is a reddit court token run by a beta french moralfag.

Who is going to want to this shit as the arb layer in their contracts when all you have to do is cry about some perceived slight and not have to live up to your end of the bargain.

I know you retards are making money and that's fine but the project is a larp court.

>muh ether shovel
>muh tuk tuk to moon siires

[Anonymous No.21237019]

>>21236331
This has nothing to do with chainlink

[Anonymous No.21237228]

>>21236960
Pretty much every competently drafted contract includes an arbitration clause. This is because, even though courts are much more competent and fair, court is expensive and fucking slow. People would rather have some kind of impartial decision maker settle their disputes. Google "arbitration clauses" to see what I mean.

For this reason, a token that CONTAINS an arbitration system is a huge value. Obviously the vast majority of PNK contracts will never use arbitration (just like real world ones). But you know, most arbitrators aren't judges or even lawyers, they're just regular people that it's agreed will settle a dispute. That's exactly how it works in the real world. All the more reason it would work in a smart contract.

[Anonymous No.21237299]

>>21236331
I found 500 LINK I forgot I had and since I have 10k already I sold 150 to buy PNK. Thinking of selling all 500. Kleros is going to be a top 10 Token

[Anonymous No.21237446]

>>21237228
>courts are much more competent and fair

At least you admit this central point. As to the "impartiality" of the court, just cry on social media that someone the supplier leaked your nudes as a buyer and skip court and payment.
If this sounds far fetched to anyone they haven't been paying attention. The arb layer has great potential, just not in those hands.

[Anonymous No.21237476]

>>21237446
Christ you’re beyond help

[Anonymous No.21237526]

>>21237446
>At least you admit this central point.
Well, of course I admit that. I guess you don't understand the concept of an arbitration clause or the reason they are used in contracts. Which is why I suggested consulting google.

I'm not accusing you of being stupid or anything. This isn't common sense. It's just something you are ignorant of and you can easily educate yourself on it.

[Anonymous No.21237709]

>>21237446
You should look into something called ADR to get an idea of what the other anon is talking about - alternatives to litigation are a huge growth area in the real world for a variety of reasons, with dispute resolution mechanisms baked into all sorts of commercial contracts these days.
>t. a reasonably fresh-faced arbitrator

[Anonymous No.21237753]

>>21237526
What's the point if you can't make it to the dispute resolution because the rules of this "court" forbid it due to breaking Clement's subjective rules of morality?

You're refusing to engage with the "refuse to arbitrate" portion of the guidelines.

[Anonymous No.21237986]

>>21236543
It's unironically one of the best token use cases in this entire market you obviously don't get it yet

[Anonymous No.21238386]

Between the refuse to arb and should not rule in favor of the side that did something "bad" this court sounds like a mess waiting to happen.

Saying I don't understand how pajeets resolve ebay conflicts is missing the point. Enjoy your moon mission and tuk tuks, until the guidelines are better thought out I wouldn't think of using it.

[Anonymous No.21238725]

This is just a startup with a concept. The fact that they haven't figured out every potential flaw in their system that some anon spouts off doesnt mean the entire project is a pajeet scam.

[Anonymous No.21238795]

>>21237299
checked

[Anonymous No.21238891]

Poorfag here. How much should I buy?

[Anonymous No.21239040]

>>21238891
it's been pumping so dollar cost average if you can
try not to get eaten alive by gas fees

[Anonymous No.21239079]

>>21236331
Let’s do this shit bro’s! Just got half a suicide stack. Waiting for a check to clear and I’m In deep. This is the next Moon mission. The memes are already showing promise. Once I stack enough I’m taking the memes to Twitter we’ll make our gains on the back of normies.

[Anonymous No.21239089]

>>21238891
10k minimum.

[Anonymous No.21239109]

Thank you sirs please do the neeful

[Anonymous No.21239156]

>>21239109

[Anonymous No.21239188]

>>21236331
I put this on my watchlist a few months ago thinking that it was a scam, and I looked back and shit this is printing like most other coins.

[Anonymous No.21239252]

>>21238725
Their "potential flaw" as you call it is the antithesis of western law. Obfuscations and red herrings don't do anything to negate the fact that it doesn't matter if it's judges, sworn in juries or neets sitting at home in their underwear judging cases, the basic guidelines of entrance to arbitration is so flawed it's laughable.

[Anonymous No.21239299]

Please stop advertising PNK on /a/, those autistic weebs should not be allowed to make it.

[Anonymous No.21239337]

>>21239188
Exactly Anon we ca easily reach like $2-4 especially with the golden bull run around the corner.

[Anonymous No.21239381]

>>21239299
honestly. im still trying too get a 50k stack please guys just give me a month

[Anonymous No.21239478]

>>21239381
you had 9 months

[Anonymous No.21239517]

>>21236331
I dont need a 4x. I need 1000x

[Anonymous No.21239670]

>>21239517
You missed Link, you're gonna have to wait a few more years for another coin like that.

[Anonymous No.21239694]

>>21239381
Agreed ive only got a 5k stack rn. Need a lil more time

[Anonymous No.21239869]

>>21236331
please PLEASE stop pumping I need to get my 10k guys tell me it’s not going to go up more

[Anonymous No.21239909]

>>21239869
You have time Anon dollar cost in.. https://youtu.be/IMDLJgTKDNw

[Anonymous No.21239978]

>>21239909
Also not going to lie bro’s I’m getting a bit of Fomo the shirt they have is pretty bad ass going to try to get my hands on one and flex on the normie Crypto Thots here in LA

[Anonymous No.21240522]

Never selling

[Anonymous No.21240619]

>low nominal price
Are you retarded?

[Anonymous No.21240666]

why does it cost so many eth to stake and vote :( i just want to be able to help make decisions and stake but all my eth are in stinky breeder :(

[Anonymous No.21240671]

I am going to post this in here because I feel like I am safe from STA people. Do you guys think STA is a scam? I can't get over their telegram and the STA posts on this 4chan. I can understand if you think PNK isn't the best, but at least there are people working on the thing who believe in it. I have hope for the future of this coin

[Anonymous No.21240715]

>>21238891
I got 2.5k and I'm a poorfag too

[Anonymous No.21240726]

>>21240671
the posters do not seem like genuine human beings

[Anonymous No.21240733]

>>21240666
checked
it's because of ETH network congestion, no fault of kleros

[Anonymous No.21240823]

>>21236331
literally waiting on my deposit to go through so i can buy in.
these 3-5 business days feel like an eternity.
AHHHHH HURRY

[Anonymous No.21240830]

>>21237446
Bro what the fuck

[Anonymous No.21240929]

>>21240823
this is why people stopped using banks, anon

[Anonymous No.21240931]

>>21240733
no thats not it, you need 4 eth to become a juror in blockchain and english. ill get there one day but at these prices its undoable for me. sorry all of u but i hope this coin dips so i can join the pnkers >:)

[Anonymous No.21240964]

>>21236331
someone tell elon musk about this

[Anonymous No.21240978]

>>21240823
Should have done wire

[Anonymous No.21240993]

>>21240931
oh you mean in cost of PNK to stake
yeah damn price has gone up a lot in terms of PNK in USD
they adjust the staking minimums over time so keep an eye out for updates

[Anonymous No.21241048]

I really do hope all of you become wealthy for whoever invested, but I can't get over how you could possibly regulate these arbitration courts. I just can't see how anyone would really be okay with PNK holders making all of these decisions. The idea itself is okay, but in practice this would get so messy. What if it is adopted and there aren't enough jurors to go around? What if people are just stupid and there are multiple instances where the Kleros court is totally wrong despite having all of these jurors trying to make the right decision. How can you really vet these people? Why would you even want to vote knowing if you are out voted you lose money? Wouldn't this make you essentially want to only vote with what you think the consensus would be even though it could be wrong? Can you appeal a ruling?

[Anonymous No.21241051]

>>21240978
didn't feel like paying the fee

[Anonymous No.21241167]

>>21237476
>>21240830
>it's decided by the people!
>haha but here's the zeitgeist the people have to decide in, no natural sociopolitical evolution and nuance for you guy
>what's that? you scammed someone or plan on scamming someone? quick, dig up and pubish as much dirt on them as you possibly can, something's gotta stick so we can get away with publicly-sanctioned theft

Never, ever, EVER put an oversocialized, preening faggot in charge of morality, unless you're actually looking to create an authoritarian powerplay

Congrats on this, seriously.

[Anonymous No.21241344]

But he DINDU NUFFIN. Dat whyte gurl waz askn 2 be raped n gang banged by da Bois.

Now lick ma dick antifa whyte boi mutha fucka cracka

[Anonymous No.21241576]

>>21241048
While I understand that you are raising really good points, I would encourage you to look at the hundreds of pages of papers and research. These guys are fukin legit. I watched a sweet sperged out PhD lady give like a 2 hour speech about Kleros today. I just bought my first stack yesterday, but I guarantee the founders have thought of all these questions.

[Anonymous No.21241600]

>>21238386
Agreed

[Anonymous No.21241732]

>>21240823
Coinbase is instant bank deposit if you're verified

[Anonymous No.21241787]

>>21241576
I am sure they have, but what's theorized on paper and what happens in the real world are different. I figure a string of bad rulings will get this completely dropped.

[Anonymous No.21241925]

>tfw 100k pnklet

[Anonymous No.21242106]

>>21241732
using coinbase pro

[Anonymous No.21242371]

>>21241576
>I watched a sweet sperged out PhD lady give like a 2 hour speech about Kleros today.
link?

[Anonymous No.21242606]

>>21241925
gonna make it

[Anonymous No.21243501]

Im literally considering fudding this for the next few months to stock bags...

[Anonymous No.21243533]

>>21243501
fag move
whatever though i've already got my 250k

[Anonymous No.21244250]

>>21243533
Pnk is guaranteed to dump. Rip

[Anonymous No.21244479]

How's my fellow top 200 anons doing tonight? Ready for the pump to 20 cents?

[Anonymous No.21244607]

>>21243501
Do it.

[Anonymous No.21244610]

>>21244479
Hey fellow Olympian.. I'm psyched for .15 right now. We spiked to .14 today then dropped back to .1, can't wait to test that again. Cheers Pnkbro

[Anonymous No.21244646]

I have a 10k stack right now. I probably won't buy anymore because I can't afford anymore, but feel good about it.

[Anonymous No.21244784]

>>21240671
I'm almost certain STA is a scam. But I threw $500 at it when it was 10 cents and am riding the pump. Just watching for the dump.

[Anonymous No.21244985]

>>21241048
That's the thing about game theory mate, and I suggest you do some reading up on it. Essentially the incentive of a majority decision (i.e winning some coin), forces jurors to go with what is their most rational and logical decision, even if particular juror is a neckbeard retard like us, the fact that a retarded vote can end up in the minority will lose them cash.

Game theory is the central concept behind the whole idea.

[Anonymous No.21245136]

>>21244610
kek

[Anonymous No.21245244]

>be newfag on /biz/ in 2017
>someone posts a link to a whitepaper for a new project called "ChainLink"
>hmm, actually sounds like a necessary component for real-world applications of smart contracts
>don't trust /biz/ enough to pool my Eth for the pre-sale
>still buy about $1000 worth for an average of something like $0.35
>sell most of it at around $4.00, can't believe my luck
>later see post about Kleros crowd sale
>feel the same epiphany, buy a good stack
>freak out as Covid starts spreading in the US
>this could absolutely wreck the economy for years, no one's going to be able to afford shitcoins
>almost sell everything
>fuck it, I believe in the project, I'll just take the risk
>sell a lot of bitcoin and Eth but keep my remaining Link and PNK
I'm glad I held it, but I could have so much more money if I just knew when to sell. I'm grateful that I have good judgment when it comes to picking projects but I'm still not a very good judge of the market.

[Anonymous No.21245490]

>>21240671
I don't think STA is a scam. I've got 40K PNK I bought for $0.009 and 20K STA I bought for less than $0.005 when it crashed. I'm not selling either one any time soon, but I do feel more comfortable with PNK than STA for some reason. The dev team sticking with it even after the hack says a lot to me though.

[Anonymous No.21245756]

>>21236543
>Kleros is a bullshit token ... seriously NOBODY on the employer site want this shit, why would they want a few fat sweaty pajeets to choose about their contracts?
Literally every real-world contract contains an arbitration clause. Yes, anon, people prefer dispute resolution mechanisms that do not involve going to court. The reason is not that they are more fair, the reason is that they are faster and less expensive. That is why Kleros is the future of contracts.

[Anonymous No.21246251]

>>21245756

Good perspective, thanks anon.

[Anonymous No.21246857]

[Anonymous No.21247223]

>>21236331
I don't care for fomo, but my gut has a feeling about this one