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27812693 No.27812693 [Reply] [Original]

Oke guys, I need some visionary help with GRT.

I'm an oldfag who bought LINK between 0.14 and 0.20 and my first BTC in 2013. I remember posts here as early as 2017-2018 explaining how LINK would tap in to the trillion dollar derivatives market and what that would do to the price and possibilities.

Now, a few years later, we have talk of SNX actually starting with crypto TSLA etc. derivatives. Of course built with chainlink. And slowly, that 2017 LINK vision is becoming a reality. It's fucking scary how early we STILL are.

Now having said all this. I am a fucking retard when it comes to any actual computer science. It's not my field at all. My only real +130IQ strength is to think logically and be able to with remarkable effectiveness separate low tier noise from valuable breadcrumbs and DD. And here I am. Almost a crypto millionaire.

On to my question. Given my above described (only real) strength in crypto, GRT is definitely giving me LINK vibes. I've accumulated GRT at around 0.38$ on average. HOWEVER, I have yet to fully understand the GRT analog to the "LINK trillion$ derivatives" argument. Can anyone make this for me?

>> No.27813200

Bump

>> No.27813517

>>27812693
good quality post anon.

>> No.27813903

Fucking bump. I need this answered.

>> No.27814015

you've made enough money. you don't deserve more if GRT is too much for you to understand

>> No.27814450

>>27812693
Do you have a grasp of IPFS?

>> No.27814578

>>27814015
Seethe.

>> No.27814603

GRT is....
>the nintendo of blockchain
>the duckduckgo of kentucky fried chicken
>the opposable thumbs of fingers
>the uber of mushrooms
>the blockchain of google
>the double-decker of party favors
>the plug of butts
>the barloid of the garloid
>the askjeeves of bike locks
>the yahoo of door handles
>the backbone of defi
>the google for web3
>the google of crypto
>the bitcoin of cryptocurrency
>the catholicism of finance
>the sausage of hotdog
>the garlic bread of money
>the API for APY
>the sanrio of blockchain
>the mahatma ghandi of these cocaine calisthenics.
>the zippo of crypto
>the lamborghini of ferrari
>the doordash of runscape
>the uniswap and coingecko
>the yoo-hoo of chocolate drinks
>the sasha grey of anal porn
>the thai ladyboy of trannies
>the starbucks of coffee
>the katrina of hurricanes
>the never of womanhood
>the strawberry milk of roofing tiles
>the blacked of pornhub
>the anal fissure of ass problems
>the bag of hodling of bags
>the tranny of blockchain
>the bing of chainlink
>the chai latte of iraq
>the chicken of barnyard animals
>the kerrygold of butter
>the big up to your chest
>the pnd of /biz/
>the xenophobe of xenogeny
>the squat plug of web search engines
>the sneed's of seed and feed
>the dyson of vacuums
>the pappy van winkle of bourbon
>the grey goose of vodka
>the rinnegan of visual prowess
>the torn condom of my love
>the malena morgan of lesbians
>the toyota of cyberspace
>the yahoo of sickening losses
>the amazon of worker exploitation
>the amazon of blockchain
>the orange man of the democrat party
>the yandex of yolo
>the 4chan of reddit
>the red robin of APIs
>the epstein of pedophiles
>the Epstein of kids
>the morton's of sea salt
>the dd cup of bra sizes
>the apocalypse now of war movies
>the white person of people
>the quadroon of niggers
>the white of supremacy
>the mcdonalds of blockchain
>the webcrawler of rock&roll
>the pajeet scam of crypto
>the walmart of tokens
>the corona of viruses
>the chainlink of arby's

>> No.27814752
File: 280 KB, 695x328, fgdh.png [View same] [iqdb] [saucenao] [google]
27814752

>>27814015
Also, GRT is not "too much for me to understand" in it's basic form.
Just like LINKs Blockchain > link (oracle) > real world. Is not too much to understand. But then extrapolating that to a trillion $ derivatives market is not so straightforward for most people. And I am looking specifically for THAT kind of analogy with GRT because respectable anons have convincingly made the comparison between LINK and GRT afaic.

>> No.27814753

>>27814603
this

>> No.27814844

>>27814752
what part of google of blockchain did you not understand faggot?

>> No.27814897

>>27813903
>Fucking bump. I need this answered.
stop using chainlink memes to get an answer for GRT you leech

>> No.27815039

>>27814603
>the alpha and the omega

>> No.27815396

>>27814015
Why are you on this board if you know everything, anon? Is it because you're a miserable little cunt?

>> No.27815572

>>27812693
>”My only real +130IQ strength is to think logically and be able to with remarkable effectiveness separate low tier noise from valuable breadcrumbs and DD.”
>doesn’t see why GRT could possibly bring the same value as LINK as critical defi infrastructure
Ngmi

>> No.27816292

>>27815572
>Ngmi
I pretty much already made it retard.

I just wanna make it even more so that people like you will have to seethe even more.

>> No.27816445

>>27812693
Based. Are you still holding your link? How much did you bought? If you can buy a 10k bag of grt and pretend its link all over again and hold for a few years.

>> No.27816585

>>27812693
Here's my best explanation. 1/2

Websites can be thought of as having two halves: the frontend and the backend. The frontend is the stuff you the casual user see: the posts in this thread, the charts on Uniswap.info, the links to other videos you see on youtube, etc. The backend is where all that stuff gets stored and organized: the database. The servers where all the images in this thread are stored and associated with the thread and post they belong to, the current price in uniswap pools and the recent transactions in them, and the mechanisms that decide which videos are recommended based on what attributes they have, those are all backend things.

Now normally, you just have your backend servers, your frontend client software or browser, and you get them to talk to each other and you're all set. But wait a minute... uniswap's backend isn't on a server. That price data, those transactions... those are on a blockchain, not an actual physical server. This creates an odd situation where you have to build a server that gets the data off the blockchain for your own project, and then that will arrange it into a form that the frontend can access for you. This is not an easy thing to do, and the challenge will be different for every project you have.

Enter The Graph.

This ends the need for that awkward, finnicky custom server, by making a network that functions as one giant fits-all server. It queries the chain for you, and it gives that to the frontend as needed. Simple As. This network works for all projects on all chains. The best thing I can compare it to is the invention of common standards in the early days of the internet. Originally everybody's network had its own way of doing things that probably wouldn't work with yours. The solution was to come up with a common standard that everyone could abide by so that everyone could communicate. And this time around it has a token.

>> No.27816949

>>27816445
I have more than 10k GRT for sure. And yes, Link 1000$ is not a meme anymore.

>> No.27817219

>>27812693
>I'm an oldfag who bought LINK between 0.14 and 0.20 and my first BTC in 2013.
>+130IQ

None of these things are true. You are a newfag Indian trying to shill GRT. If you really were an OG linker you would know that GRT projects come and go. There's been hundred of projects like it - the new shiny things. And everytime pajeets will say "yeah I bought Chainlink at 0.20 but sold all of them for this garbage shitcoin". This is not organic at all, Rajminkhar.

>> No.27817279

>>27816585
2/2

The token is necessary since the work of syncing up all that data is forever ongoing. Those graphs won't index themselves!

With me so far? Cause this is where it gets similar to LINK's scope. This service is not specific to DeFi, or any one application. It is equally useful to ANY webapp that needs blockchain data. When you want to see a map of Decentraland, you'll probably get it through The Graph. When you want to track a parcel through blockchain-verified shipping, The Graph. When you want to compare OCA of ETH and DOT, The Graph. When you load a page that includes recommended videos on a blackchain-based video site like Odysee or DTube, The Graph. EVERY project where info goes from the chain into the world is a potential use-case for The Graph.

It's essentially the equal opposite of LINK, come to think of it: LINK is for getting data from the world onto the chain. GRT is for getting data from the chain into the real world. They're yin and yang, taking equal parts of the whole.

>> No.27817384

>>27816949
Do you want to gift me 380grt so me, a poor negro entrepreneur from south america can have a 2k bag?

>> No.27817508

>>27817219
Retard

>> No.27817600

>>27817219
Fud detected.

>> No.27817720

>>27812693
>>27816585
>>27817279

I kind of understand the usecase and value capture of GRT, but Chainlink itself was the BEST pick in the bear market 2018 because it had established itself as the sole oracle winner and was so far ahead of the space it wasn't even funny.

Fast forward to now and even current competitors can't seem to compete with all the functionalities Chainlink will bring (from VRFs to OCR to DECO etc).

My question is does GRT have monopolistic capture and can it be outcompeted by a future protocol? What competitive moat does it have against other projects trying to eat its lunch?

>> No.27817868
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27817868

>>27815396
nah it's because I enjoy seeing seething posts like yours

>> No.27817960

>>27817720
>My question is does GRT have monopolistic capture and can it be outcompeted by a future protocol?
Maybe in a few years(5 or 6) but its unlikley.

>> No.27817986

>>27817384
Vai se fude Brasileiro pidoncho

>> No.27817998

>moons casually
you just win

>> No.27818001

>>27817720
Parsiq does everything the graph does, but in real time.

>> No.27818053

>>27817219
Can you name these projects?

>> No.27818095

>>27812693
shut up larping faggot. GRT is garbage.

>> No.27818575

The FUD that always gets me on Graph is that the team and VC investors control a huge portion of the supply that isn't in circulation anymore. Once this supply gets unloaded and included in the market cap calculation, GRT will skyrocket into the top portion of coingecko. For me, the main problem (that has stopped me from buying into it) is that I don't know how to effectively calculate how much upside potential GRT has. Whereas LINK's upside was obviously massive.

>> No.27818596

>>27812693
how the fuck are you not a millionaire already
ngmi

>> No.27818713
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27818713

>>27818001
elaborate
>>27817279
pic unrelated.
Thank you based anon. I appreciate you taking the time. If I may be so bold: What you're describing makes sense to me. But feels to be on the level of analogy to chainlinks real world/blockchain > oracle > blockchain solution. However, what's really going to drive the price of chainlink towards 1000$, if you ask me, is this new emerging class of solutions it offers that touch on the T$ derivatives market etc. This was something that seemed far fetched 3 years ago, yet some anons already saw it back then. Given that many obviously high IQ anons (as opposed to morons who try to do the same with 'their coin') are now giving GRT the title of the next LINK, is there any vision for GRT that resembles this 1T$ derivatives move potential for LINK?

>> No.27818801

>>27818575
But t5his is basically the same fud that LINK team hold 700M tokens. Who cares? Apparently no one.

>> No.27818930

>>27818575
Priced in

>> No.27819002

i have same concerns op. i sold grt for more inj. if grt does have the same potential that directly finance related projects do, then that potential will be much slower to come

>> No.27819151

>>27819002
link is different though because of the token needing to be locked in contracts meaning inevitable price rise

>> No.27819232

just threw 100$ into it. see what happens lol

>> No.27819420
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27819420

>>27818713
>is there any vision for GRT that resembles this 1T$ derivatives move potential for LINK?

I'd suggest studying or comparing this to Sun/Oracle. They made MySQL. Now, it's a "free" solution for small consumers and devs but costs for enterprises. Look at their rise and fall. GraphQL is a decent enough system. If blockchain really is web3.0 (4.0 whatever) then The Graph should be analogous to Sun because this new trend in web architecture will need a new/better query language for it's data storage

t. buying more right now

>> No.27819456
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27819456

>>27814603
Indeed.

GRT is...

>The Epstein of pedos. What Jeffrey did to children, GRT does to blockchain.

If OP's 130 IQ couldn't help him to grasp that simple yet profound concept, then I don't know what could.

>> No.27819462

Lol, they still try to shill this dump on topic

I am not an idiot to go for it
>wanna bring profit? join stakenet and forget about cheap scam shitty coins
Check XSN! Listed on Bitfinex. Layer2 DEX!

>> No.27819512

Where can I buy this coin

>> No.27819534

>>27817279
thank you annon

>> No.27819748

>>27819512
binance

>> No.27819963

lets stop talking about it now so we can CUMMMMMULATE MORE

>> No.27820044

>>27818053
RLC, NKN, LIT, ZIL, VET, FTM HOLO
And you can go on and on for three more posts. They all come and go, Chainlink stays.

>> No.27820102

>>27819420
>Sun/Oracle. They made MySQL
No they did not. They bought it.

>> No.27820160

>>27812693
GRT BROKE $1. Better jump in before it turns to $2. T. Oldfag with 15k graphies

>> No.27820800
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27820800

>>27817720
The Graph protocol has been used for 4 years by multiple large companies/projects like Uniswap etc. Any competitor to GRT in the future would really need to have better tech, ecosystem, cost efficiency etc in order to win those companies/projects. GRT's first mover advantage pretty much blocks any future competitor's chance to take over the market share of decentralized indexing protocol.

>> No.27821041

>>27819512
Off Coinbase binance kracken from me... 25 GRT for 1 eth

>> No.27822788

>>27817219
Incorrect. GRT is the closest we've seen to original LINK. However, as with LINK, the fud will be strong. If GRT survives it, then we will know it is the chosen one.

>> No.27823331

>>27818001
Is padsiq really a competitor? I was under the impression that Parsiq worked as sort of a reverse chainlink oracle that allowed for on chain events to trigger real world actions. From anons long post it seems like the graph is used to allow for quick searching of blockchain data, not necessarily providing a tool that devs can use to programmed event based decisions like Parsiq.

I hold a small amount of GRT and and debating on getting some Parsiq but I'm still trying to grasp what it does.

>> No.27823385

>>27817219
wtf are you talking about fucking retard? Where did I say I sold my chainlink? You can't even read correctly that's how hard you're seething.
What's the matter my boy? Did you miss all the good coin trains? Feeling bitter?
I'd send you 0.1 LINK to cheer you up but alas the ETH fees are too high.