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24417455 No.24417455 [Reply] [Original]

https://www.isda.org/2020/11/30/legal-guidelines-for-smart-derivatives-contracts-fx/

>> No.24417604

>>24417455
Checked. Link will collateralize against 40 percent of the 1.4 quadrillion dollar per year derivative market.

>> No.24417623
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24417623

>>24417455
Why spoonfeed? Schwab is in.
Let shills post pink wojaks and jerk eachother off and be comfy with your bag.

>> No.24417651
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24417651

>>24417455
wtf biz you told me this was a scam coin only shilled as a nazi private joke

>> No.24417662

>>24417623
It’s funny klaus schwab was a literal who up until this year for most normies.

>> No.24418039
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24418039

>>24417455

>> No.24418120

are you guys not tired of pushing this pathetic hopium for YEARS now.
linkers will still post the same shit in 2024 as they did in 2017 without actually delivering. your /pol/ infographics screenshoting one google search shows you probably never finished high school

>> No.24418269

>>24418120
If the Portal, Services and/or the Chainlink network are rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which Company services can be provided.

>> No.24418380

Lool this has nothing to do with link its XRP, sbi tests 6.6t dumbfucks lmao

>> No.24418709

>>24417455
>>24417623
>>24417604
What will the price of 1 Link be?

>> No.24419099

>>24418709
Just enough.

>> No.24419148
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24419148

>>24417455
Linkies are so retarded they unironically believe oracles means Chainlink explosively as if XRP didn’t have decentralized oracle patents. Best part? This is an article about FX trading. Guess which crypto is aiming bulls eye at FX?

>> No.24419864

>>24419148
>Linkies are so retarded
>patents
rent free

>> No.24419909

>>24419148
ari and sergey have already the patents they need

>> No.24419911

>>24418709
$14

>> No.24419946

Can someone explain to me why link has to rise price to cover contracts? Is $100 in LINK is not enough to cover it?

>> No.24419955

>>24419148
Holy shit XRPajeets are literally shitting themselves right now. You couldnt possibly sound more nervous kek

>> No.24420015

>>24419946
COLLATERAL
Link is used as collateral. You aren't gonna want to secure quadrillons on a network worth billions.

>> No.24420146

>>24420015
Thanks anon. I have linklet stack 1k. Still comfy

>> No.24420183

>>24419148
>decentralized
>patents

>> No.24420232

>>24417455
This is flare and XRP, not chainlink

>> No.24420261

>ctrl+F "Chainlink"
>0 results

>> No.24420276
File: 321 KB, 1800x1200, made_it.png [View same] [iqdb] [saucenao] [google]
24420276

>>24418709
$81,000

>> No.24420289

>>24418380
>>24419148
>>24420232
When did biz get overrun with newfags? ISDA has been a LINK breadcrumb for three years.

>> No.24420333

>>24420015
how will this play out? nodes will decrease the circulating supply of tokens = price goes up. this is known

collateral for derivates will decrease availability of link on nodes. less link is available for other contracts and collateral? will this cause price increase and if so - how and why?

>> No.24420334

>>24420289
Doesn't mean it's true.

>> No.24420355

>>24417455
Every time an oracle is mentioned linkies just assume it’s chainlink. This has nothing to do with chainlink. There is no standard oracle and there never will be

>> No.24420389

>>24420334
Dilate.

>> No.24420400

>>24420276
So I'll be able to make it with 100 LINK? That#s even more schizo than the XRP holders, they at least assume that you have to have several thousand shitcoins to make it.

>> No.24420434

>>24420389
Top kek. Salty because losing 75% of sats already?

>> No.24420440

>>24420289
Sbi did a test on that 6.6 with xrp two weeks ago.

>> No.24420445
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24420445

>>24420400
>he doesn't know about the time traveler

>> No.24420462

>>24419148
Its pretty funny right?
They think everything has to do with chainlink
NEVER MIND THE XRP PATENT
THAT DOESN'T MATTER ANON
DON'T WORRY ABOUT RIPPLES ORACLE BASED SMART CONTRACT SYSTEM
IT DOESN'T MATTER

lmao stinky stinky

>> No.24420485

>>24417662
I wish Schwab invited me to his little meetings with his frens. I have interesting ideas to add

>> No.24420490

>>24420440
So they are unironically the more believable schizos?

>> No.24420513

>>24420289
>When did biz get overrun with newfags?
ever since they got bullied out of reddit

>> No.24420523

>>24420434
I’ve made over a hundred thousand dollars.... from like 3k.


https://www.linklaters.com/pdfs/mkt/london/Smart_Contracts_and_Distributed_Ledger_A_Legal_Perspective.pdf

Original breadcrumb pdf for OGs and newlinkers who wants to learn.

>> No.24420563
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24420563

>>24420232
Cope

>> No.24420630

>>24420523
https://blog.chain.link/embedding-smart-contracts-into-our-legal-fabric-2/

Sergey namedropping ISDA and Linklaters about a year ago.

https://bitcoinexchangeguide.com/openlaw-and-chainlink-distrupts-12-trillion-dollar-derivatives-market/

ISDA are clearly working with OpenLaw also (who use chainlink).

>> No.24420709

>>24420333
>collateral for derivates will decrease availability of link on nodes
From my understanding the node address has to hold a specific amount of link to take on specific contracts. The LINK doesn't go anywhere, it's just literally collateral so that damages can be paid for in case the data provided was incorrect.
Price will go up because most link will be tied up in nodes as people want to earn interest.
Personally I have very conservative estimates for what the interest is going to be, since the risk is low and and new link aren't being printed, unlike in most proof-of-stake coins.
As more and more link is tied into nodes to take on higher value contracts, the circulating supply will dry up completely.

>> No.24420762

>>24418709
Exactly 81 thousand United States federal reserve notes. Or whatever the collateralization rate for the value in the contracts using link oracles at any one given time.

>> No.24420784

>>24420762
/1000000000

>> No.24420803

>>24420630
>>24420523
OGs who have watched Sergey’s talks throughout the years understand that Sergey created Chainlink specifically to target these high value financial markets like derivatives - he recognised the need for extremely high security oracles for large $$$ smart contracts. This is why fags coming and saying “this is clearly xrp, I read one post saying so last week!” is so pathetic and annoying, when you’ve spent the last three years researching everything to do with this and how Chainlink is connected to it all.

>> No.24420824
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24420824

I have 1095 linkies and trying to get more little by little. I just want to enter six figures territory.

>> No.24420940

>>24420762
I'm most excited for those sweet passive staking gains.

>> No.24420964
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24420964

>> No.24420968

>>24420824
Don’t worry, it seems like yesterday that my pathetic 15k stack was worth nothing. Now it’s considered a larp. Linklets will know this feel soon enough. $1000 eoy

>> No.24421019

>>24417651
We are nazi's your dumb fuck

>> No.24421098
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24421098

>>24418380
>>24419148
>>24419955
>>24420232
>>24420334
Oh I almost forgot the ISDA conference a few months ago where it was made explicitly clear that OpenLaw (Which uses Chainlink) works with ISDA.

You literally had 3 years. We were saying so since the Linklaters PDF from 2017.

>> No.24421193

>>24421098
WAS XRP AT THIS CONFERENCE???
NO?? LMAOOO

>> No.24421335

>>24420709
>From my understanding the node address has to hold a specific amount of link to take on specific contracts. The LINK doesn't go anywhere
when a node accepts a contract the link will be locked on that contracts life time as a collateral so essentially the node wont be holding the link anymore. how long does a contract last it depends on the terms. personally i dont have a clue how derivates would play out on link node network and how much link it would require to be locked in contracts -> decreasing the availability of link to other contracts. will this effect increase the price? I think yes because I think the price for a contact will be dynamic and the availability of link in nodes will affect the price of a task but this is just my opinion.

>> No.24421461

>>24419148
>>24420462
ON TOP OF IT ALL ITS LIKE THEY ALSO ARE FORGETTING THAT XRP IS THE CURRENCY BEING TESTED WITH WAIT FOR IT... $6.6 TRILLION/DAY BWAHAHAHAHAHA. STINKY LINKTARDS FUCKING COPING.

https://dailyhodl.com/2020/11/07/financial-giant-sbi-to-test-xrp-in-6-6-trillion-foreign-exchange-market/

>> No.24421584
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24421584

>>24417455
>THIRD PARTY oracles

oh my

>> No.24421613

>>24421461
What does this have to do with derivatives? Nothing. XRP holders are truly completely uneducated in financial markets.
Do you seriously think the ISDA deals with simple transactions of cash? Wut?

>> No.24421637

>>24421461
You're right anon. Just sold all my linkies.

>> No.24421649

>>24421613
shhhh
dont tell them.

>> No.24421774

>>24420462
So why wasn’t anyone from XRP at the ISDA conference this year if they’re working together? But OpenLaw was there?

>> No.24421785
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24421785

>> No.24422028

>>24417455
>dopamine running low
>curtains closed
>vitamin d depleted
>feeling the depression coming on
>"w-we're going to be rich a-arent we??"
>breathe a sigh of relief
>other anons are reassuring you you're going to make it
>ten minutes pass
>the feeling has worn off
>time to make another thread
>"link price prediction thread"
>yeah that's nice... look at all those numbers
>put all the posted numbers and multiply them with your stack
>haha wow, thats a lot of money
>imagine what all you could do with that money
>maybe i'll finally have sex...
>sun peeks through the curtains
>you hear your parents waking up
>hehe, fucking wagies
>the depression comes back
>the dopamine rushes dont last as long as they used to
>time to make another thread
>"is 300 link enough to make it?"

>> No.24422121

>>24421098
There was already a full blown demo of automated trades/swaps trustlessly transacting, late last year. The OLE stack as they called it on twitter, O for openlaw, E for etherium. The L for XRP.

>> No.24422222

>>24421785
Since then he's literally only tweeted about XRP or Bitcoin related crypto tweets so this is just more cope LOL.

https://twitter.com/realwillmeade/status/1280928501080735745
https://twitter.com/realwillmeade/status/1330881097975164928
https://twitter.com/realwillmeade/status/1331232320418947075

>> No.24422259

>>24421335
That's pretty interesting. Links should be extremely rare if this type of a system was operating at peak capacity.

>> No.24422390

>>24422121
>the L for xrp
Kek

>> No.24422407

>>24417651
sergey is left wing so no worries comrade.

>> No.24422446

>>24422222
Absolutely wasted

>> No.24422449

>>24422222
Nothing to do with ISDA. Can you stop shitting up the thread please? Unless you have some tasty crumbs suggesting ISDA is in fact working with XRP and not LINK?

>> No.24422538

>>24421098
Sir please stop spoonfeeding the masses of XRP retards. The world needs poor people, they are simply filling their role. They were never meant to make it seeing as they lack the intellectual capacity to even comprehend what a network of tamperproof inputs and outputs means for DLT adoption. 99%+ were never meant to make it, you're seeing evidence of it here firsthand.

>> No.24422724
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24422724

>>24422259
It won't be the retarded numbers the 3 digit stacks keep wishing for. Especially with forex and other "one and done" trades. Things like in the commodities markets used to cost a ton to float (finance) over the 2 weeks it traditionally takes to fulfill a contract. Those can all be executed and completed in seconds, if not minutes.

This won't make CL be worth (6.6x5 business days) 33k a piece. Much more realistic numbers require you to calculate the returns/fees generated from that volume...significantly reduced from current (to implore adoption) obviously.

>> No.24422799

>>24421019
speak for yourself. I'm a black trans muslim and I want sergey to impregnate me

>> No.24423018
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24423018

>>24422724
Longer term contracts with monthly/quarterly payments like credit default swaps and other deep jewishness have always perplexed me as to the best solution for collateralization.

Probably a separate "credit" system and ranking/rating much like they do now, with a minimum required pool of real funds the swappers are required to maintain. But this defaults back into the conundrum of CL forcing the use of link to collateralize in the first place...it's worth significantly less if companies can just use USDC or ETH or w/e.

But locking up 10mm in link on a contract that rewards 1k over the lifetime (1-3yrs) of the contract is an abysmal roi

>> No.24423145
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24423145

>>24420968
lmao are you coping? its still pathetic and ur a linklet

>> No.24423203

>>24423018
Why not use an external adaptor? Hodges has a few spun up, pretty sure user on front end could transact with any currency (even fiat) while the conversion to LINK occurs behind the scenes. Outputs do the same, external adaptor makes all necessary conversions so user is never under the assumption hes using LINK even though its behind the scenes.

>> No.24423437
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24423437

>>24423203
The problem is that whatever nodes take up the contract, will require that much collateralization. Not the customers. It very well may be that it's easier (for now) to keep the long ongoing contracts on paper. They just also happen to be the most costly and human intensive...which is the entire point of switching to SCs.

The requestors will still pay in fiat, it was a question of how you float a year long contract that now actually needs assurance/actual money behind it to work. Normally it's just a couple of big banks that are buddy buddy and consider the swaps as theoretical, with no need/trust to establish an actual funded contract like our boolean system requires.

>> No.24423458
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24423458

>>24419955
You couldn’t be more wrong faggot. I’m laughing at the fact that you literal retards think every single time the word Oracle is mentioned it’s automatically Chainlink. I’d be nervous if I saw pictures of SirGay with IMF and Fed but there is none to be found.
>>24421193
>>24420289
Fucking copelets LMAO all link has is literal WHO partnerships. You retards don’t even know there’s tokenized derivatives platform centered around FX and XRP. Let me know when a bank as big as SBI holds any Chainlink top kek get fucked retards.

>> No.24423475

>>24421098
Note the 3 components of the OLE stack:
(O)penLaw, ripp(L)e, (E)thereum

>> No.24423503

>>24421613
Here’s your spoon feed retard. Derivatives WITH XRP.
Cope and seethe forever. https://www.sologenic.com/solonex

>> No.24423558
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24423558

>>24423458
Even if you got 6.6 trillion your xrp would still be worth $25~ dollars lmao.

>> No.24423564

>>24423475
Much more nicely executed.

>> No.24423728
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24423728

>>24423558
6.6T is only from SBI Japan. Nostro Vostro is 26T, and you just posted derivatives is 500T but it’s actually 1.4Q
COPE. WHERE IS THE CHAINLINK BASED DERIVATIVES PLATFORM? WHERE????

>> No.24423961
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24423961

>>24423728
Go back to the XRP containment threads lmao you have 0 sense of basic mathematics

>> No.24423965
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24423965

Up and down.

So much rain today...
so much flooding...

i want moon so i can build a house with no flood issues....

what a dream....

dry feet...


-_-

>> No.24424050
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24424050

>>24422222
OooOOOooo check.

>> No.24424079
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24424079

>>24423961
Get btfo’d you retard. XRP is everywhere. We called everything you’re excited about years before you and now that it’s happening it’s suddenly all about you and you can’t cope.

>> No.24424174

>>24423558
Thats a 100x from when the price was crabbing between .20-.25. Laughable gains right?

>>24424079
kek 2keoy.

>> No.24424197

>>24422222
This is a get that makes me ponder.

>> No.24424200

>>24424079
>Why yes, I do poop on the streets of Mumbai. How could you smell?

>> No.24424248

>>24423503
Solonex is a literal who. ISDA sets the regulatory framework for the ENTIRE 4 QUADRILLION DERIVITIVES MARKET, and everything suggests that Chainlink will be part of this framework. $1000 link is fud.
I can’t wait til LINK flips XRP, gonna be glorious. I’ve screencapped this thread to post on that day.

>> No.24424258

>>24422724
So, what might be a liberal estimate for the high end price of a chainlink if everything goes as planned for smart contracts?

>> No.24424289

Lmfao linkies and xrp fags completely BTFO when they realise ISDA has an actual working partnership with ALGO, chainstink and xrpeee left in the mud

>> No.24424338
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24424338

>>24417455
Gee, who could this article be talking about? If only there was a cryptocurrency firm partnered with the ISDA... That would be real swell, that'd make things real easy to decipher...

>> No.24424349

>>24420563
5 linkies
That’s a lot of link

>> No.24424376
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24424376

>>24419148
>>24420232
>>24420434
>>24421461
>>24422222
Xrp tards absolutely assblasted lmao

>> No.24424387
File: 1.02 MB, 1528x833, Fuck BTC fuck ETH fuck China fuck Russia and fuck Jannies.png [View same] [iqdb] [saucenao] [google]
24424387

>>24424289
>Not holding ALGO and XRP
>Not being BORN IN THE USA
Comfiest hold in crypto desu. I am thinking of going all in ALGO with my XRP stack though, could have 100k ALGO then.

>> No.24424418

>>24420289
Jeez, I'm so sick of reading these commments. I can never understand why so many anons place so much emphasis on when someone discovered something. Are you really that childish that it bothers you that someone on this forum hasn't been here as long as you? Fucking grow up, anon. Who gives a flying fuck when they 'discovered' Link? You don't own the network anymore than anybody else. Stop acting like a child.
Oh and before you start going on about coping and seething, I have 50k+ Link and I bought in at the ICO in 2017, so don't bother.

>> No.24424449

>>24420355
> J-just because the WWW is the biggest internet protocol doesn't mean everyone will use it over the Gopher protocol!!!

This is how you sound right now

>> No.24424480

>>24424248
>literal who
Ask me how you haven’t even looked into it because you can’t read
Everything else is cope. You don’t even understand how the derivatives market works lmao and I’m not spoon feeding you on which derivatives market makers are ripple partner and looking at XRP.
>>24424289
>>24424338
Even this makes much more sense than LINK considering ALGO is an actual ISO20022 member.

>> No.24424519
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24424519

lmao nice link thread shitted up by xrp tards. Still not as bad as 42 derails into schizo town.
Gtfo and kys ripplecucks.

>> No.24424530

>>24423437
this is way too technical for me, just tell me what the end goal is in terms of Link price if it's not $81k lmao

>> No.24424552

>>24424387
Same XRP is a nice pump and dump, ALGO will be legitimate gains.

>> No.24424563
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24424563

>>24424449
Post YFW Ripple donated DLT to the WWWC LMAO XRP is literally the internet of value.
>>24424376
Where is your chainlink derivatives platform? I posted XRP derivatives platform. >>24423503
Partnership with Ching Chong Bank is not derivatives you faggot.

>> No.24424636

>>24424376
It's not my fault if you don't get it, fren. You have been spoonfed to the brink of vomiting. Now it's all up to you. We tried our best.

>> No.24424690

>>24424563
>I'm lost and new
why are you even here jeet. This isn't a ripple thread. We're discussing oracles.

>> No.24424733

>>24424636
ITT paid ripple shills appear virtually overnight to scam a new generation of speculators

>> No.24424740

>not having a make it stack of link and xrp

>> No.24424742
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24424742

Keep seething stinkies, admit it u out.

>> No.24424763

>>24417455
Sergay and Steve pooled together and bribed a professor from their old NYU days to get their vapourware start up into the annual SWIFT PoC programm. Both are billionaires now

>> No.24424808

>>24420276
This is what I want for my family and I. I want all 8 of us to be under the same house and just having an awesome time. Get family member having their own home and we have a family home in the center of it. That would be fucking awesome man.

>> No.24424851

>>24423018
that man has shit on his inner thigh

>> No.24424876

>>24424530
bump cause i need somebody much smarter than me to tell me if i'm gonna make it

>> No.24424908
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24424908

>>24424690
>p-please bully I-I know xrpee is the standardino just please no more

>> No.24424931

>>24424418
Chan culture involves lurking and reading before posting. You need to go back.

>> No.24424955
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24424955

This is now a Schwab thread

>> No.24425002
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24425002

Your future on "CHAIN" link

>> No.24425020

>>24424908
Every decent link thread 2020 has been infiltrated to prevent legitimate conversation... must be some reason for that otherwise you wouldn't be here

>> No.24425079
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24425079

>> No.24425173
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24425173

>>24425020
Dont mind me, just out here doing Gods work. Carry on schwabmarines, I'm not shilling you any shitcoin anyway

>> No.24425214
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24425214

>> No.24425215
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24425215

>>24425020
this. No one goes into "xrp schizo threads" to discuss anything it's just an echo chamber.

>> No.24425241
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>> No.24425245
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>>24425173
>>24425079
>>24425214
>>24425002
>>24424955
based

>> No.24425246

>>24424174
The sad thing is that Chainlink is where I envisioned XRP would be today. Both were like $0.3 a few years ago. One has done a meager 2x, the other significantly more. Its depressing to know Chainlink sits at a price XRP might attain this bull market. Its also depressing XRP tards stole chainlinks "$1k EOY" meme and tried to make it their own. Unintelligent and uncreative community. I feel bad for XRP tards who think they hit the jackpot with a meager 100%+ while chainlink had a 500%+ year last year and is now on target for a 600%+ year.

>> No.24425280

>>24424289
Even if and that's a huge if algo becomes the isda blockchain of choice it would still require an oracle layer and of course that would be chainlink since it's integrated with algo

>> No.24425287
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>> No.24425339
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>> No.24425358

>>24425020
Pretty sure XRP threads are full of linkies stealing info and making it about them while shitting on XRP with muh chart fud lmao.

>> No.24425365
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>>24423475
>L for Lipple

>> No.24425367

>>24424338
Algorand is one of many settlement layers, and every settlement layer is unable to reliably fetch off chain data you brainlet. Algorand will be just as reliant on LINK as every other settlement layer. Blows my mind how few understand the importance of both tamperproof inputs AND outputs to their settlement layer

>> No.24425474
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>> No.24425482

>>24425358
>pretty sure I'm a faggot who was never here during the bear and now am being paid by ripple to post
ftfy

>> No.24425491
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24425491

>>24424742
may 1, 2019
>LINK = $0.43
>XRP = $0.30
today
>LINK= $14.05 (32.6x 5/1/19 price)
>XRP = $0.645 (2.1x 5/1/19 price)
in other words, stay poor you seething faggot

>> No.24425514
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24425514

>imagine shilling for the Schwab Reset in the year 2020 of the Lord
Not so fast demons

>> No.24425531
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>>24423475
>Note the 3 components of the OLE stack:
>(O)penLaw, ripp(L)e, (E)thereum
this level of cope lmao

>> No.24425537
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>> No.24425540

>>24425514
Is there a way I can sign up to get paid to shill XRP?

I will take Link as payment.

>> No.24425569
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>> No.24425607

>>24425537
>>24425569
How much link will you pay me to spam these pictures?

>> No.24425648
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>>24425540
I am not shilling you anything you vile subhuman demon. Desperate much?

>> No.24425705
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>>24425607
Seethe and dilate schwabdemon

>> No.24425753
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>>24425482
There you are! Come on, post the /pol/ screen cap of le super secret plan to steal your glorified shitcoin!
How do you feel about the Jews not coving XRP price action while institutions are going balls deeps in your 1Mb block size shitcoin?

>> No.24425757

>>24425648
I'll accept bitcoin if you don't want to pay me link to shill your terrible retard coin for losers.

Watch, ready?

XRP 2k EOY FAGGOTS, SERGEY IS A DEMON. SCHUAB? YOU WANT SCHAUB RULING THE WORLD? XRP SMART CONTRACTS WILL DEFEAT LINK!

There, now pay me my Link.

>> No.24425794

>>24425491
Is that why xrp has 6 times more the market cap, gtfo anus licking faggot

>> No.24425854

>>24425794
xrp is a better store of value than gold. I have unironically 120k ripple but I don't expect it to moon

>> No.24425935

>>24425753
>block size
>jews
>non existent price action
lmao I think >>24425854 is right XRP is like a precious metal: a decent hedge for wealth preservation.

>> No.24425959
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24425959

>>24417455
this is great but i look like this after 4 years. part of me is hoping for a bubble before actual use of all this but im not counting on it and i cant believe this kind of shit is def not a year or two away probably like 3-5.

>> No.24426013

this has NOTHING to do with Chainlink

>> No.24426087

>>24425935
Yeah, it’s designed to be a stablecoin. That’s what the bank documents say you know that right?

>> No.24426193

>>24419148

Once upon a time XRP at .40c was staring at LINK at .40c

sad XRP army. destined to stay poor.

>> No.24426268

>>24423018
they cannot use ETH or USDC because if something goes wrong with those two it compromises the network, and the oracle network should be an independent system. LINK value only depends on the network itself that's what it was designed for.

>> No.24426368

>>24423437
yeah and the "normal" buddy buddy case went catastrophically wrong in 08 when banks defaulted on each other and stopped trusting each other and the gov had to print 8trillion dollars to save the system, enriching the culprits
you are defending a dying system

>> No.24426483

>>24426193
>muh chart
Enjoy your solid deep pocket erc20 partnerships lmao

>> No.24426560

>>24426087
designed to be a stablecoin? You might as well be shilling tether rolf

>> No.24426762

>>24426193
Their goal was to work with CBDC's and this is why they were so ahead of their time. The world governments hadn't even started working on their own CBDC's until recently. In all this time Ripple has been able to make more connections than any other crypto project. It also is finally being put to use as the world is getting ready to push forward the great reset. Part of Klaus's whole agenda is for there to not be 1 world reserve currency anymore. In order for this to even be possible they need Ripple. Honestly there is room for both LINK and XRP to exist but my personal hedge is on XRP as there is literally no competitor to it.

>>24426560
In order for it to work the price of XRP needs to be high enough to provide liquidity on demand. This is why in order for ODL to work the price will rise as the demand for liquidity rises. Basically the damn new paradigm meme chart.

>> No.24426800

>>24426560
>rofl
You’re retarded newfag redditor lmao lurk moar I won’t spoon feed your nigger ass.

>> No.24426830

>>24426483
Did you forget BaselineProtocol? Maybe you forgot Blockchain Services Network? Are you familiar with Hyperledger? Seethe more brainlet. Both were 40 cents a year ago. You chose the wrong one, quit coping and move on

>> No.24426864

>>24426762
>XRP as there is literally no competitor to it
same logic applies to chainlink

>> No.24426941

>>24426762
there will be multiple “one world currencies” XRP is just the most solid one, it’s the most decentralized and the one with most adoption, and like you said, it’s set up to be the back bone of everything crypto before it’s even rolled out, not just remittances. XRP only really has like 3 competitors, 1 being JPM which is fully centralized shitcoin and another one XLM which is diet XRP.
LINK has multiple competitors who are also taking a piece of the pie. Also XRP in itself will be taking a large portion of the pie with Flare and Codius.

>> No.24426959

>>24426762
Theres literally no real competitor to LINK as well....you really think a project started 2 years ago by game developers is going to take it over? This doesnt even account for shit like DECO/TC/TSIGS/Mixicles/VRF. Its laughable to think Chainlink isnt in a league of their own. And we all know a network of tamperproof inputs and outputs is needed to advance DLT past basic tokenization functionality. Its a no brainer at this stage. You'd either have to be a massive retard or hate money to bet against it

>> No.24427031

>>24426941
Holy shit theres actual retards who think LINK has a viable competitor? You realize almost all are fighting for their first real integration right? The closest one with a measly 4 shitcoin integrations is developed by some asians who built videogames before this. Their implicit staking model also does nothing to validate on chain data. Next time just say you're absolutely clueless on the oracle space brainlet

>> No.24427056

>>24424258
1000$ DOLLAR EOY OF YEAR EVERY YEAR

>> No.24427078
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>>24418709
It will be roughly where ETH is now by the end of next year maybe repeat exactly what ETH in the last bull run and break 1k

>> No.24427156

wait isn't chainlink itself supposed to be an oracle service for any blockchain? only the token in ERC20 (or 677 or whatever) so why does it even matter if XRP becomes the defacto standard, they'll still need a reliable oracle

>> No.24427180
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>>24427031
>chainlink is the only oracle
Wew you retards don’t get tired of huffing hopium

>> No.24427204

>>24426941
you must very ignorant when researching chainlink. i dare say that you are not being very gentleman like by not fully researching both sides. im not here to argue for one or another just correcting your false accusations on link. XRP is part of the 1000's of "cryptocurrencies", chainlink has much less competitors then xrp. even some oracle chainlink competitors integrated chainlink in their system. how did you miss that? if you believe in this whole crypto thing do you realize a company using its own oracle is less decentralized then a company using a third party oracle? do you also realize how tech chainlink has bought? the handful of chainlink competitors, if there is even, are already years behind due to chainlink acquisition of tech. in general your tripping over yourself. both are cool, but youre a retard for not taking a stake in chainlink too.

>> No.24427223

>>24427156
XRP has its own oracle solution lmao
God you retards are so diluted from constant hopium you don’t even know what’s going on inside of chaincringe.

>> No.24427262

>>24427180
i guess you have missed the abundance of companies who have been hacked/crashed thru out these years because they were using oracles that werent chainlink lol. thats a shame for you how new you are.

>> No.24427269

>>24427180
This was a pretty weak rebuttal, kinda just embarrassing to be honest. I just provided you with facts on the features/patents that differentiate it. Not to mention they are 5+ years ahead in development and network effects. Im not surprised a literal retard like yourself is so bullish on XRP. All makes sense now

>> No.24427272

>>24426864
Its not likely to take over all smart contracts though as even Ripple is launching Flare through their investment arm Xpring.

>>24426941
Yeah I agree on everything said here.

>>24426959
>>24427031
There are though. DIA and Flare? Chainlink won't be taking over nearly every smart contract. There are some viable competitors and either way it is marginally easier to make a LINK competitor than it is to beat Ripple/XRP.

>>24427204
Same goes to you for not looking into Flare.

>> No.24427293

>>24427223
see
>>24427262

>> No.24427321

>>24420015
This is exactly why bitcoin itself will win out in the long term with discreet log contracts. It is already the pristine collateral and has enough volume to support a liquid derivatives market

>> No.24427339

>>24427223
hahahahaha he fell for the XRP oracle patents meme lol. I just cited things like DECO/TSIGS/Mixicles/TC/etc that make Chainlink a standard. The entire thread knew you were retarded, now I'm thinking you're just braindead. Ripple poorfags are the epitome of unintelligent

>> No.24427368

>>24420824
Don't you fucking dare swing. There's more than hope waiting. You made it. Do not fuck it up now.

>> No.24427389

>>24427272
hahah did you forget about the outputs portion anon? These protocols may offer inputs (very narrow selection at that) but they do not offer outputs. It blows my mind how late people still are to chainlink. As they say, not everyone was meant to make it

>> No.24427392

>>24417604
API3**

>> No.24427423

>>24427392
Already debunked. God how early are we?

>> No.24427851

>>24427272
>Its not likely to take over all smart contracts though
XRP largely looking into a specify market maybe some more. chainlink oracles for smart contacts are aimed at almost every industry on earth so idk if youre point stands. maybe it does because yeah its not going it 100%, but that would go same to XRP, so if its not XRP its chainlinks. youre really shooting yourself in the foot here.
>Same goes to you for not looking into Flare.
yes i did it is nowhere close to what chainlink does, but it may do well with its specific use i guess.

>> No.24428623
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24428623

>>24426268
The alternative is an XRP-esque fantasy where link would have to be well into the 7 figures per token to properly collateralize everything it will be used for.
>100 MILLION USD EOY VERY GOOD SIRS PLZ BUY
>>24426368
I'm being realistic, because link isn't going to just replace 90% of "usd" sitting in computers and on jewish balance books because a fat Russian scammer says so.