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File: 4 KB, 250x250, chainlink.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Thu Jan 7 10:05:07 2021 No.25646383 [Reply] [Original]

Last year, Chainlink was integrating projects at one per working day with breaks for the weekend. This year they are already averaging 2 integrations per working day with new things on weekends. We are starting to see the network effect.

>>	Anonymous Thu Jan 7 10:05:50 2021 No.25646408 File: 50 KB, 600x800, FAF5C703-C368-45BC-B652-2796F0944D0D.png [View same] [iqdb] [saucenao] [google] >>25646383 >We are starting to see the network effect.

>>	Anonymous Thu Jan 7 10:06:05 2021 No.25646413 >>25646383 I stopped following integration a long time ago lol. Just waiting on staking or other huge news

>>	Anonymous Thu Jan 7 10:06:21 2021 No.25646425 >>25646383 im seeing the betrayal in effect

>>	Anonymous Thu Jan 7 10:07:00 2021 No.25646446 >>25646383 fuck off enough false information you piece of shit

>>	Anonymous Thu Jan 7 10:07:04 2021 No.25646447 >>25646425 Sirgay does not betray

>>	Anonymous Thu Jan 7 10:07:24 2021 No.25646460 >>25646383 bearish, until Arbitrum goes live (assuming it succeeds)

>>	Anonymous Thu Jan 7 10:09:28 2021 No.25646549 One thing you are all missing. For the chainlink team to start posting two a day, it means their backlog is so big that they cant keep up with posting one a day for the forseeable future.

>>	Anonymous Thu Jan 7 10:10:37 2021 No.25646597 >>25646413 this, I am a moon boy

>>	Anonymous Thu Jan 7 10:10:46 2021 No.25646603 >>25646460 arbitrum failed thats why it dump they giving up on it

>>	Anonymous Thu Jan 7 10:10:57 2021 No.25646610 >>25646549 Yeah this. Unironically the best FA to Price ratio in crypto

>>	Anonymous Thu Jan 7 10:17:22 2021 No.25646842 >>25646383 sir, DIA, check it out. Literally shaking. Link no more.

>>	Anonymous Thu Jan 7 10:18:24 2021 No.25646874 >>25646603 you memeing on me son? say it aint so

>>	Anonymous Thu Jan 7 10:18:34 2021 No.25646881 >>25646383 That's nice and all but when staking?

>>	Anonymous Thu Jan 7 10:19:18 2021 No.25646918 >>25646383 ..if that is true, then how come we down 97% in sats?

>>	Anonymous Thu Jan 7 10:20:41 2021 No.25646963 >>25646603 you typed this with one hand, didn't you, wanker

>>	Anonymous Thu Jan 7 10:21:19 2021 No.25646983 >>25646918 who cares. when was the last time you went to ikea, walmart, bought a car, or bought a house with sats?

>>	Anonymous Thu Jan 7 10:22:16 2021 No.25647021 >>25646413 same, its just a bunch of literal whos atm we need a big one right now its been such a long time

>>	Anonymous Thu Jan 7 10:22:38 2021 No.25647039 >>25646983 When's the last time you bathed in the Ganges and begged Krishna for forgiveness?

>>	Sage Thu Jan 7 10:22:40 2021 No.25647041 File: 222 KB, 678x623, ahh.png [View same] [iqdb] [saucenao] [google] >>25646603 you FUDin on me faggot? you better not be

>>	Anonymous Thu Jan 7 10:23:54 2021 No.25647078 >>25646383 ITS ALL SO TIRESOME

>>	Anonymous Thu Jan 7 10:26:46 2021 No.25647184 >>25646918 If we rebound even halfway over the next few months it’s gonna we break orbit.

>>	Anonymous Thu Jan 7 10:29:32 2021 No.25647284 >>25646918 Your dollars went down 80% in Tesla stocks.

>>	Anonymous Thu Jan 7 10:29:34 2021 No.25647286 >>25646408 Quoting it in green doesn't change it. But yes, it doesn't matter and is actually bearish with the token dumps to support the nodes.

>>	Anonymous Thu Jan 7 10:33:54 2021 No.25647456 File: 21 KB, 287x319, D27A1255-AF49-46F3-B0A5-E7AFAF074858.jpg [View same] [iqdb] [saucenao] [google] >>25647039 He's right you know. Until I can buy my groceries with coins, dollar is still king.

>>	Anonymous Thu Jan 7 10:40:39 2021 No.25647737 I'm making about the same(less) money with this than I am with GRT. They both just go up and down and average up over time. I am trying to DCA into both. Should I keep buying link? This might 10x in a year but idk

>>	Anonymous Thu Jan 7 10:45:20 2021 No.25647918 >>25646383 how long before network usage increases? that part has diminished since the summer

>>	Anonymous Thu Jan 7 10:46:23 2021 No.25647954 File: 734 KB, 1402x897, Screenshot 2021-01-07 104557.png [View same] [iqdb] [saucenao] [google] >>25647918 network usage has been increasing. Next fud please.

>>	Anonymous Thu Jan 7 10:51:31 2021 No.25648184 >>25647456 None of us is gonna buy groceries with LINK dude. It's our retirement fund and USD is shit at retaining value

>>	Anonymous Thu Jan 7 10:52:52 2021 No.25648248 >>25647284 kek

>>	Anonymous Thu Jan 7 10:54:07 2021 No.25648311 >>25647954 this chart was all I needed to see, thanks. I'm going to keep buying LINK

>>	Anonymous Thu Jan 7 10:56:26 2021 No.25648403 >>25647954 The only valid FUD LINK I know of is that subsidies from Sirgay are the only reason nodes are profitable. Subsidies are paid in LINK and immediately dumped by the node operators who received them. Has this FUD been debunked yet?

>>	Anonymous Thu Jan 7 10:56:46 2021 No.25648418 >>25648184 I’m going to market buy real estate properties with half of my links.

>>	Anonymous Thu Jan 7 11:01:40 2021 No.25648649 >>25648418 Yeah, real estate is another asset class showing how much of a shitcoin USD is. 2MM for a cuckshed in CA? Please. I'd never sell my LINK for USD, but I will put some in BTC when we hit 0.05.

Anonymous Thu Jan 7 11:03:49 2021 No.25648741

>>25648403
depends on the data being provided. To an extent, every node that transmits price feed data does without request does cost money in terms of subsidies. That being said, a node operator launching a node that can be requested for other data is paid for by the requestor and not the team. 350 million links were set aside for the purpose of encouraging people to broadcast pricing data for free so more defi protocols can use it and generate network effect. Eventually these nodes providing price data will be getting paid to offer other services by requestors and thus can afford to freely offer price data and no longer require subsidies from the team.

>>	Anonymous Thu Jan 7 11:05:25 2021 No.25648805 >>25648649 That’s how the Jews do it. They get into real assets while the dollar value goes down. But everything in the world is still tied to the dollar. That’s why I’m saying dollar is still king but your also a retard if you hold onto it.

>>	Anonymous Thu Jan 7 11:07:03 2021 No.25648872 File: 35 KB, 498x594, 1609942266154.jpg [View same] [iqdb] [saucenao] [google] >>25646408 Good one!

>>	Anonymous Thu Jan 7 11:07:08 2021 No.25648878 >>25646383 take your meds effect

>>	Anonymous Thu Jan 7 11:07:54 2021 No.25648903 >>25646383 A lot happening with Chainlink. Arbitrum, Optimism, staking... aside from the numerous projects now using Chainlink.

>>	Anonymous Thu Jan 7 11:12:51 2021 No.25649137 >>25648741 Thanks, fren. It seems that LINK price growth is at least partially use-based and unrelated to the BTC bubble, then? How will the inevitable BTC blow off top affect us? Are there some hopium infused predictions you can hook me up with?

Anonymous Thu Jan 7 11:23:01 2021 No.25649575

>>25649137
chainlink will continue to have increasing price supports due to its integrations I believe and partnerships like the WEF. That being said, it is hard to say if the current price is merely the price catching up to the network value or the bull run. I suspect the price now is due to the bull run we are in as other projects are going up. The downside will be more limited I think due to the integrations. So when the BTC blow off happens, I think we will see a rise in sats to counteract it somewhat to mitigate the fall. Chainlink was the best performer in the past bear cycle and has never been around for a market bull run so its hard to say how it will react. It seems chainlink has been 10x every year which I assume is due to its integrations so we can expect it to be 50-100 by the eoy. Hopium would be 1000 eoy

>>	Anonymous Thu Jan 7 11:24:17 2021 No.25649622 File: 77 KB, 634x703, 29CA7891-E8B1-4878-820C-7932EF05234A.jpg [View same] [iqdb] [saucenao] [google] >>25647284

Anonymous Thu Jan 7 11:35:08 2021 No.25650138

>>25649575
Link was there during 2017, we didn't really pump (up to ~$1.20 I believe) but also never went below ico when it all collapsed. This combined with its performance during the bear market makes it seem that link price has a way lower correlation to btc/eth movements that the average coin/token. So yes, 100 eoy is quite doable.

>>	Anonymous Thu Jan 7 11:39:55 2021 No.25650365 >>25650138 >>25649575 >only 10x during golden bull market Come on fags your backend pajeet curry scam do at least 50x during gbr. I can guarantee link will go to at least 500 bucks

>>	Anonymous Thu Jan 7 11:40:06 2021 No.25650377 >>25646983 doesn't matter when its just as easy to sell btc for usd as link for usd. Easier, even.

Anonymous Thu Jan 7 11:43:40 2021 No.25650549
File: 696 KB, 791x533, Screen Shot 2019-12-22 at 1.29.52 PM.png [View same] [iqdb] [saucenao] [google]

>>25646383
> We are starting to see the network effect.
I would disagree and say we have still only seen what amounts to a staging phase. The network is being bulwarked with features and data providers.

Baseline and Offchainlabs are about to ignite this engine, then we will see some serious shit.

>>	Anonymous Thu Jan 7 11:47:01 2021 No.25650693 >>25646408 This, betabasedboys hold LINK.

>>	Anonymous Thu Jan 7 11:47:31 2021 No.25650716 >>25650377 We all know it’s easy. It’s all about convenience. Why would I go through the trouble of going into exchange, paying gas fee, and waiting for at least a day when I can just go and buy beer right now

>>	Anonymous Thu Jan 7 11:48:06 2021 No.25650745 File: 237 KB, 797x708, 1609970808946.png [View same] [iqdb] [saucenao] [google] >>25646408 This fag holds LINK lol

>>	Anonymous Thu Jan 7 12:03:07 2021 No.25651420 >>25648403 It’s true, this is the reason arbitrum was needed yesterday.

>>	Anonymous Thu Jan 7 12:05:23 2021 No.25651524 For those who didn't see it: https://decrypt.co/51492/chainlinks-plans-for-blockchain-and-beyond-in-2021?amp=1

Anonymous Thu Jan 7 12:08:59 2021 No.25651675

>>25648403

No, the valid FUD is that the only important data that needs to be confirmed by nodes is data that also needs to be private. Contracts, Finance, Voting, etc

Right now LINK only has on avenue to keep the data private that goes to a node something like Intel SGX to make sure nodes are secure and the data is kept private. This is why ChainLInk purchased TownCrier in 2018. They're going to work on integrating SGX into their nodes. The issue is TownCrier is centralized. How can mega corps trust that TownCrier doesn't simply build in a backdoor to see that private data?

Sergey was even asked about this exact problem and he didn't have an answer. He just said it'll hopefully be solved.

Checkout the link below at the 30:00. The dude asks "LINK is cool and all, but what if this trusted 3rd party is compromised?"

https://www.youtube.com/watch?v=XYiEPFRHV9A

>>	Anonymous Thu Jan 7 12:23:11 2021 No.25652354 >>25651675 Oooh yeah I remember forgetting that one on purpose so that it doesn't bother me, since I don't have any idea how this can be solved.

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