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/biz/ - Business & Finance

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26899563 No.26899563 [Reply] [Original]

IF ONLY THERE WAS A TECHNOLOGY WHICH COULD PREVENT A SINGLE ENTITY FROM FREEZING TRADES AND NON-CONSENTED SELLING.

>> No.26899667
File: 1021 KB, 1462x2048, 1610568130085.jpg [View same] [iqdb] [saucenao] [google]
26899667

>>26899563
>HELP THE KIKES ARE SHORTING OUR CUBES

>> No.26899716

>>26899563
explain how link does this

>> No.26899880

>>26899716
it doesn't it's literally a known /biz/ scam

>> No.26900099

>>26899716
it literally doesn't the claim that link is decentralized is a myth

>> No.26900158

>>26899716
https://chain.link/solutions

>> No.26900277

>>26899716
smart contracts fulfill rewards to all parties when the correct conditions are met. A broker could not decide to just shut it down.
>>26899880
seethe

>> No.26900396

>>26900277
faggot i'm still accumulating, reddit fags don't deserve to buy sub $1k

>> No.26900557

>>26900277
Price target?

>> No.26900657

>>26900396
>faggot i'm still accumulating
accumulate $ROPE its fucking over for you kid

>> No.26900772
File: 109 KB, 800x640, 3F0BEFD9-F23E-4044-9B79-80A337D57C01.jpg [View same] [iqdb] [saucenao] [google]
26900772

LINK $100 end of Q1

>> No.26900776

>>26900557
$350 eoy

>> No.26900804

>>26899563
TNN

>> No.26900845
File: 394 KB, 1127x1500, weeekly zoa soojin.jpg [View same] [iqdb] [saucenao] [google]
26900845

>>26899563

didn't coinbase freeze xrp?

it wouldn't let me buy xrp after it had that major dumping

>> No.26901086

>>26899563
link is a trusted third party data intermediary

>> No.26901136

>>26900657
3K link says I own way more than you retard

>> No.26901225

>>26899563
what is this technology, pic doesn't seem to be related

>> No.26901299

coinbase can prevent people from buying crypto. this idea that crypto is exempt is bullshit
coinbase prevented people from buying xrp

>> No.26901356

>>26899563
The shine from smash bros?

>> No.26901515

>>26900845
coinbase wasnt powered by chainlink

>> No.26901647
File: 92 KB, 800x450, cover1.jpg [View same] [iqdb] [saucenao] [google]
26901647

>>26901136
>tfw only 20k stacklet
yeah... you probably do...

>> No.26901651

>>26901515

yeah but coinbase is a major crypto exchange
preventing people from buying link would definitely hurt link

>> No.26901668

>>26899716
It’s literally just a meme coin

>> No.26901697

>>26901299
The SEC shut down XRP trading, rabbi.

>> No.26901788

>>26901647
Gay larp anon but i dont like roasting fellow linkers

>> No.26901812

>>26901651
reddit really is here

>> No.26902024
File: 6 KB, 249x244, 1611807283452s.jpg [View same] [iqdb] [saucenao] [google]
26902024

If only there was a decentralized exchange with crosschain capabilities

>> No.26902052

>>26901651
you're misunderstanding op, he isn't saying crypto as a whole is the technology preventing a single entity. read up more on chainlink then get back to redit and tell your friends about it

>> No.26902408

>>26901788
Uh oh, sounds like you're the stacklet here

>> No.26902434

>>26900277
If the stock market freezes trading a fucking oracle won't help anyone lmao. All Link would do is help read stock prices via the blockchain, but it won't help move those stocks around

>> No.26902644

>>26902434
Couldn't you theoretically create a mirrored stock market with "wrapped" stocks using Link's price feeds to keep them consistent?
Essentially a Robinhood that cannot be halted?

>> No.26902682

>>26902434
exactly what i was thinking lmao

>> No.26902729

>>26900396
You had three years shut the fuck up. It's time

>> No.26902842

>>26902434
I'm talking about brokers not the actual market. What happened today on rh was of their own doing irrelevant to whether the market was open or halted.

>> No.26902907

>>26899563
Holy shit this will go to 30$ over the next few days. Then Arbitrum will be released and it will jump to 45$ immediately

>> No.26902913

YOU HAD FUCKING 3 YEARS YOU FUCKING CUNTS

DR;NS

Buy now or pay the price of forever coping and saying "Oh, IF ONLY I BOUGHT MORE LINKIES"

>> No.26903059
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26903059

>>26899563
I bought 20 link today, how did I do?

>> No.26903249

>>26899880
based FUDer
don't let the redditors grab our stinky linkies

>> No.26903343

>>26902644
No, stocks are issued under the SEC and do not exist on the blockchain lmao, you can't wrap them
>>26902842
>robinhood being able to halt the market is irrelevant to whether the market was open or halted
what the fuck are you talking about anon

>> No.26903469

I was here when link was sub 50 cents and I didn’t buy any

>> No.26903487

>>26899716
you had 3 years

>> No.26903618
File: 58 KB, 1024x556, betray.png [View same] [iqdb] [saucenao] [google]
26903618

>>26902729

>> No.26903659

>>26900845
coinbase be centralised

>> No.26903736

>>26902434
You cant halt trades on an open platfrom relying on digital tamperproof agreements faggot learn DeFi or stay poor accumulating shitcoins

>> No.26904073

>>26903736
ERC-20 tokens are decentralized and can be built into a decentralized platform, there are dozens of them out there right now. Stocks are issued by financial regulatory bodies, they don't exist on the blockchain, they cannot be wrapped into an ERC-20. You trading an ERC-20 called GME is fucking meaningless because there is no way to convert that token into SEC approved stock lmao. Reddit go back

>> No.26904349

>>26904073
Yeah stay back in 2017, buy xvg omg and vtc youll be rich

>> No.26904400

>>26903343
>>26903343
I never said that learn to read. I'm talking about individual brokers halting their users from trading. Not the entire fucking stockmarket.

>> No.26904514

>>26899563
Except coinbase and binance prevent me from trading link all the time. Wtf are you talking about.

>> No.26904654

>>26904514
jesus christ I'm done with this board. You win reddit.

>> No.26904759

>>26904400
but the brokers still controls who can buy or sell you fucking retard, an oracle does not give you control over a brokers liquidity to buy and sell nor does it give you the ability to print shares.

>> No.26904767

>>26903736
chainlink isn't tamperproof it's a medianizer and if there's an conflict reputation is centralised arbitration. It's a trusted middle man

>> No.26904895

>>26904349
Faggot you haven't even caught up to 2019 to figure out how defi works lmao

>> No.26904906

>>26899563
Link holders are absolutely delusional.

Link is the perfect normie coin. It's got a cool logo, it's $20/coin, and "muh oracles" is just technically sophisticated enough for normies to understand but too sophisticated for normies to dive deep enough to realize Link just isn't needed.

If smart contracts actually start being used in the real world (no, making ERC-20 scamcoins doesn't count) then some will require Oracles. But an Oracle is just a JSON parser with some voting mechanisms baked in. It's not something you need BILLIONS of dollars and YEARS to develop. It's not something you need "partnerships" for. You sit down, write the code, and you're done. Chainlink isn't in the Oracle business. They're a branding machine. Their sole objective is pumping the price of their asset, Link. An asset, by the way, they own 60% of. Yes, 60%.

When the time comes Oracles will be written on the native platform (probably Ethereum) and they'll use the native token (Ether). No one is going to need Link, no one is going to buy Link. Nobody will care. This project, along with all the other fad-projects will fade into obscurity. I won't speculate on price, this entire market is an irrational frenzy. Perhaps there is still room to grow, more money to be made. Just know you stand on 0 fundamentals and in the end fundamentals will prevail.

>> No.26905005

>>26904514
>Except coinbase and binance prevent me from trading link all the time
holy shit youre a retarded nigger

>> No.26905121

>>26904759
its like you've never heard of a dex

>> No.26905123

>>26904767
Im talking about the open trading platform not the oracle middleware that makes its data reliable
So many newfags
You guys are right, borrow link and sell it
Its going to 5 cents

>> No.26905143

>>26903469
Me too fuck

>> No.26905207

>>26905121
see
>>26904073
I literally program smart contracts for a living, off yourself

>> No.26905237

>>26902644
That would be an illegal derivative. Tokenizing securities is trivial. Enforcing what regulations say a person can do with them is not possible.

What could work is a platform that you have an account on that does all of its transactions on a sidechain and operates in code is law and which also uses Oracles for price feeds and whether or not trading is halted. It wouldn't be that different other than being very auditable and having less levers to be capricious with.

>> No.26905270

>>26899563
...a blue hexagon?

>> No.26905396

>>26905207
my dad is literally the president of nintendo

>> No.26905412

>>26905123
the thread is about link

>> No.26905568

>>26905412
An open data platform that actually works relies on chainlink, the only viable solution out today

>> No.26905641

>>26905396
? It's not hard to develop on ETH. You can learn solidity and javascript in a few months if you have an above room temperature IQ

>> No.26905770

>>26905270
Lurk more nigger

>> No.26905790

>>26905270
please be bait

>> No.26905962

>>26905207
>I literally program smart contracts for a living, off yourself
so is LINK worth buying right now?

>> No.26905987
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26905987

>>26899716
...no

>> No.26905986
File: 170 KB, 2048x1339, 1611107145872.jpg [View same] [iqdb] [saucenao] [google]
26905986

>>26905568
if it relies on link it doesn't prevent what happened

>> No.26906260

>>26901299
Coinbase doesn't control all of chainlink, what the fuck are you talking about. CB was like the last exchange to even list it.

>> No.26906381

>>26901299
xrpee isn't crypto

>> No.26906399

>>26905986
It all depends on how it is coded
You can build an unstoppable trading platform using link
Wa are all waiting for a great layer 2 to scale the shit out of eth then cefi is gonna be a thing of the past

>> No.26906896

>>26906399
>cefi is gonna be a thing of the past
I've been informed that your post triggered my digits checker smart contract.

>> No.26907064

>>26906399
it's already here tdxp.app.
2nd layer scaling isn't scaling it requires middlemen

>> No.26907099

>>26905962
I am a code monkey anon, fuck if I know. Most platforms (including ETH) plan on making a native oracle system like >>26904906 says but that doesn't mean anything about the price atm since about 98% of crypto is vaporware to start with

>> No.26907119

>>26899716
Synthetix.io does, but since they rely on Chainlink price feeds, Chainlink is part of that solution

>> No.26907365

>>26902408
You sound like a faggot

>> No.26908316

>>26901299
chainlink will help give us automated fiat to crypto DeFi
it will happen, the revolution is near.

>> No.26908465

>>26899716
you literally don't know the most basic thing about chainlink

>> No.26908565

>>26905987
KEK
IKR

>> No.26908676

>>26899716
if you have to ask, you don't deserve it

>> No.26908688

>>26899716
10k LINK holder here.
I have no idea

>> No.26910325

>>26903469
>bought sub .20
>only 65 links because poor college student back then
FUCK