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/biz/ - Business & Finance


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3912228 No.3912228 [Reply] [Original]

I have seen a lot of FUD lately surrounding ChainLink and a lot of people losing faith. While everyone is waiting for news to drop, here is what we know about ChainLink as of now.

PARTNERS:
Here are some names of companies that ChainLink is working with, or at the VERY least has contacts with.

SWIFT: This one should be obvious to everyone by now. They just gave a working demo for SWIFT at SIBOS. They even state on the smartcontract website that they are indeed WORKING WITH SWIFT. The cheeky bastards even have SWIFT subtely underlined, as shown here:
https://imgur.com/a/UcnTf


SONY & AXA: We all know who SONY is. Axa is the largest holder of financial derivatives in the world. It's a trillion dollar market. All three parties have signed a smart contract that deals with varying levels of insurance coverage depending on firewall uptime on May 9th 2016, viewable here:

https://create.smartcontract.com/#/contracts/317764c5bf532e8b33572b6e77ae2133
https://imgur.com/a/uzRH1


FACTOM: Factom and ChainLink have been working together since 2016. You can view Factom's announcement about it here:

https://www.factom.com/blog/smartcontract-factom-announce-collaboration
https://imgur.com/a/Lf6vr


CONFIDO: A new company that is using ChainLink to pull shipping data from off-chain. See following website about this here:

http://confido.io/
https://imgur.com/a/7Visz
Short video explaining how it works: https://www.youtube.com/watch?v=1SX0buv4bCc

>> No.3912232

MICROSOFT: This one is a bit of speculation, but let's take a look.
https://imgur.com/a/VLmP0

In this video, Sergey states that they are indeed "working with Microsoft..." on the development of their cryptlets at 46:13 (Link below)

https://youtu.be/ytv8U0bejPA?t=2773

If you feel like reading up on what it actually is, then check the link below and scroll down to "Bletchley Introduces Cryrplets, which is a "Secure Blockchain Middleware into their architecture"

https://github.com/Azure/azure-blockchain-projects/blob/master/bletchley/bletchley-whitepaper.md

Also, an article stating that Microsoft recently joined Cornell, who is a ChainLink partner as stated on the Smartcontract website.

https://www.coindesk.com/microsoft-joins-cornell-blockchain-research-group/


DATA USED FROM BANKS AT SIBOS DEMO: Now keep in mind that these banks are NOT announced partners, but ChainLink has used them for their POC in their demo at SIBOS:

Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

https://www.coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms/?utm_content=buffer4ffb0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

>> No.3912234

Better bust out the bullshit copy pasta in the hopes some anon is stupid enough to buy my bags!

>> No.3912241

COMMON FUD: I have seen a lot of the same FUD repeated on 4chan, lets take a look and see if we can dispell some of this shall we.

The big one that seems to be going around now is an old picture from a completely different presentation that Sergey is giving in what appears to be a small room. Here is the floor plan for the Metro Toronto Convention Centre, showing that the largest room is where the SWIFT presentations are in. (The room is actually next to restrooms though KEK)

https://imgur.com/a/4dSj4

"THEY ARE USING A SHITTY ERC20 TOKEN" : The token is only used to incentivize NODE operators. ChainLink itself can operate on the BTC blockchain, Ethereum blockchain, AND Hyperledger, as stated on the smartcontract website.

"THIS IS A PUMP AND DUMP SHITCOIN" : The developers have been working on ChainLink for over 3 and a half YEARS now. They haven't made any hype surrounding it or posted any skateboard pics. The largest wallets holding LINK have mostly not moved since ICO or are acquiring more LINK tokens. If this were a pump and dump they would be hyping the shit out of this coin and dumping it on us. This is clearly not the case.

"THE TEAM ONLY HAS 2 DEVS": This is true. However, they clearly already have a working product that is on their website, which they have already demo'd in front of a large crowd at SIBOS today. ChainLink is already a working product, unlike a lot of other shitcoins with a much higher market cap.

>> No.3912243
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3912243

>>3912228
>They just gave a working demo for SWIFT at SIBOS.
Pic related. No one fucking watched it, all the important people had other things to do and sent their secretaries and shit instead.

>> No.3912254

RECAP:

So let's recap, ChainLink is working with or at the VERY LEAST have contact with the following companies/organizations:

-SWIFT
-Gartner
-Cornell
-World Economic Forum
-Sony
-Axa
-Microsoft
-Factom
-Confido

Is their any pie that ChainLink doesn't have their fingers in? Their tech is literally revolutionary. Smart contracts are fucking useless without being able to pull real world data from off-chain. This coin is already 4x up from ICO price without them even releasing any news yet. It is brand new and still in it's infancy. Do not let these 4chan biztards FUD you into selling a fucking goldmine.

If they release an announcement stating all of their partners + exchange listings, this thing will be the

BIGGEST. COIN. EVER

Let this sink in for a moment. I'll wait.

>> No.3912269
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3912269

>>3912241
>The big one that seems to be going around now is an old picture from a completely different presentation
No, it's from today. Pic related

>> No.3912271

>>3912234
Copypasta about an event that just ended. Riiight.

>> No.3912281

>>3912234
This. These chainlink guys with these threads are so fucking desperate it's pathetic.

>> No.3912286
File: 2.81 MB, 1280x720, 1194_01_dandylonglegs_4.webm [View same] [iqdb] [saucenao] [google]
3912286

40 cents seems to be the new support now, LINK is also slowly but steady going up which is good.

>> No.3912295
File: 416 KB, 1080x1069, 1508194797144.jpg [View same] [iqdb] [saucenao] [google]
3912295

Desperate chainlinkies...

>> No.3912297

LINKies are truly deluded and I'm not even memeing. This is going to end in tears and an heroes.

>> No.3912300
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3912300

>>3912269
bad angle

>> No.3912328

>>3912281
Its just so obvious what they are trying to do when these threads pop up during a tanking

>> No.3912336
File: 274 KB, 2048x1536, DMSZCcLW4AEA3qa.jpg [View same] [iqdb] [saucenao] [google]
3912336

>>3912300
Better idea of the size. Note this is from a different presentation. It's from the GPI payment one.

>> No.3912367
File: 59 KB, 522x583, 1506900276957.jpg [View same] [iqdb] [saucenao] [google]
3912367

you cunts cant see the forest through the trees

>what is chainlink?
ChainLink is blockchain middleware that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments.

By providing smart contracts secure access to these key resources, ChainLink allows them to mimic real world agreements that require external proof of performance and need to make payment in widely available payment methods e.g. bank payments

>what problems does chainlink solve?
Smart Contracts are unable to communicate with external resources on their own. Data feeds, any/all APIs and traditional bank payment systems are all inaccessible to smart contracts without blockchain middleware like ChainLink.

This limitation is inherent in how smart contract data is secured on a blockchain, and is due to the way that consensus is reached by miners around blockchain-based transaction data, this limitation will remain for all smart contracts for the forseeable future.

The way this problem is traditionally solved is through the use of a blockchain middleware called an "oracle", which is the role ChainLink plays in the smart contract ecosystem.

>> No.3912377

Dat SONY & AXA contract doh.

#STAYPOORFAGS

>> No.3912384

>>3912281
Spotted the cRipple

>> No.3912410
File: 690 KB, 866x1300, sergeytoilet.png [View same] [iqdb] [saucenao] [google]
3912410

>made a shitcoin
>gave the speech in a shit receptacle
pottery

>> No.3912416

LAMBO
A
M
B
O

>> No.3912431

>>3912377
AXA owns blockstream
why would they partner with anything else?

>> No.3912433

Look at how quickly the FUD fags swoop in after every comment about chainlink. If you guys dont see through this charade then you are fucking retarded.

>> No.3912454

>>3912336
So crypto, which is a <1% of pop market, has a smaller room that is jam packed w people, people without good views still trying to listen in... and this is bad? Why would you expect chain link (even in crypto, plenty haven't heard of
This) to have a giant conference hall? Have you never dealt with the outside world... at all? This is exactly what I would expect, thanks for the picture.

>> No.3912495

How will LINK inherently increase its value...meaning who are the primary consumers of the crypto going to be that send it to the moon?

Easy to answer with BTC and ETH. LINK seems more way more niche. Too niche?

>> No.3912503

>>3912433
Look how quickly the shills bust out the copy pasta to try keep their coin from tanking further
Its transparent dude.

>> No.3912540

>>3912503
At least the shit im saying is true. fag.

>> No.3912581

This shit is the easiest moonshot to spot. You have to be completely retarded not to see it at this point.

>> No.3912591

>>3912367
man that's vintage TK right there

>> No.3912653

>>3912234
>>3912297
>>3912503
>>3912328
It literally isn't tanking and is STILL 4x ico price and this isn't copypasta since the event JUST HAPPENED who are you even trying to convince? Can you read? Do you actually think the fud will work?

>> No.3912683

>>3912269
yeah we are all gonna make it. hold through the trolls. moon is coming. 100x by q2 2018

>> No.3912693

Somebody is making a lot of money by paying people to post all of the FUD. It's so fucking obvious. There was even a post about it on here earlier

>> No.3912699

>>3912693
Where?

>> No.3912704

>>3912683
We definitely will not all make it.

>> No.3912723

>>3912699
Some shitty larp where op said he was paid to fud then never posted again

The literal state of link fags
Everyone us a fudder but no such thing as shills

>> No.3912735

Confido is a shitcoin vaporware by four community college kids who have never held real jobs. Nobody gives a shit.

>> No.3912746

>>3912704
>>3907755

>> No.3912768

>G-goys, don't s-sell. There a-are paid f-fuders.
No, we just got tired of you shilling your fucking scamtoken.

>> No.3912812

>>3912241
To go along with this, they just had ICO. I expect them to hire more devs and an augmenting staff. Potential red flag if they don't over the next few months.

>> No.3912856

>>3912454
this. 90% of /biz users have never left moms basement.

>> No.3912865

Don't mean shit to me if people sell. I just feel a little bad that they would sell NOW, right before the team even makes their first announcement and LINK gets listed on exchanges. Right now would literally be the most fucking retarded time that u could possibly sell this.

>> No.3912997

>>3912768

S A L T

A

L

T

>> No.3913154

>>3912254
lol poo poo pee chain coin deludang xD

>> No.3913208
File: 99 KB, 750x750, 1505134667066.jpg [View same] [iqdb] [saucenao] [google]
3913208

>>3912723
>>3912746
lol

DESPERATE

OBSESSED

>> No.3913262

>>3912865
This shit is reminding me of the "I am now officially a #cruzemissile" threads during the election lel

>> No.3913277

>>3912228
They have no partners. Please stop lying. You bought at the high and you need to sell and take the loss. Sorry.

>> No.3913314

>>3913277
So the companies whos websites that literally say that they are partnered with ChainLink are what? Lying? Bitch please.

>> No.3913355

>>3913277
/thread

>> No.3913373

>>3913355
>oof

>> No.3913441

>>3913355
Posting just because you were about to be /thread

>> No.3913598

guys, i don't care what "side you're on". you have to be real here, if ANY crypto has a chance of ACTUAL USE and REAL ADOPTION by the current world outside of just us crypto-tards...THIS IS ONE OF THE VERY VERY FEW.

>> No.3913643

the legitimate FUD is the lack of communication from the team has been disgraceful.

>DUDE we'll take your $32 million but we wont take five minutes to send a few tweets and emails to get link on legit exchanges lmao

>rory: dont fud we are working on the project xd

>> No.3913656

100% fucking agree. These cucktards panic selling is funnier than 2 niggers fighting over a chicken bone.

See you faggots when you're mowing my fukkin lawn for minimum wage

>> No.3913661

https://twitter.com/DanaBrants/status/920028496138784770

>> No.3914577

I swear these fucking idiots are all the same fucking person or a coordinated group effort. Look at how ALL the LINK posts swing from FUD to shill within 10 minutes. It's no coincidence

>> No.3914647

>>3912865
Pretty sure another competitor will come and create decentralized oracles before they get listed on another exchange with the way things are going.

>> No.3914672

>>3914647
yeah because making a decentralized oracle is so fucking easy that teams can just shart it out

>> No.3914763

They've been working on this for more than 3 and a half years. Do you really think they just decided to have their ICO now just for the hell of it? Fuck no, they have a plan for this.

>> No.3915036

>>3912495
It IS too niche. Which is why it'll never moon even if chainlink itself is a success.

>> No.3915294

>>3915036
deluded nonlinkes

>> No.3915306

>>3915036

It’s actually the opposite of niche.

>> No.3915332

>>3914763
THEN GET IT ON MORE EXCHANGES

IF THEY'VE BEEN WORKING ON IT FOR 3 YEARS WHY DONT THEY FUCKING TALK ABOUT IT

IM LOOSING MY MIND LADS

>> No.3915338

>>3915306
HAHAHAAHAH these nolinkers are dumb as fuck. LINK is a niche crypto? Are these guys daft?

Any smart contract that needs external data outside of the blockchain, needs chainlink. In other words, almost every smart contract that wants to do something other than ICOs needs it.

>> No.3915407

>>3915036
Pathetic fud attempt. Just stick to toilet jokes if you haven't done any research.

>> No.3915444

>>3914763
If "there is a plan" and "big partnerships" are a "sure thing" then why the fuck would they go to the public to get funding
This has amazed me for weeks

>> No.3915476

>>3915444
They don't care about the money from the funding. They wanted to distribute some LINK to the public. Just distributing the tokens between the banks would not have been a good sign for the project.

>> No.3915478
File: 3.82 MB, 4032x3024, 20171016_224949.jpg [View same] [iqdb] [saucenao] [google]
3915478

From October 9th 23:58:28 till now the total amount of LINK in the top 150 wallets has decreased by 2.145% from approx 4.66
e8 to 4.56e8 LINK. I will send you my full detailed data set for 200 l
LINK. I will send you my etherscan wallet crawler script for 1000 LINK. Email me sigseg95@gmail.com

>> No.3915484

Dont be a bunch of sheep guys. Link is worth infinitely more than 24 hours ago if you look at the facts. Be patient

>> No.3915489

>>3915484

This is the truth.>>3915484

>> No.3915507

>>3915476
And they held onto most of them specifically for this purpose, it's an incredibly fair distribution in my eyes

>> No.3915517

>>3915476
And do you think non-stop /biz shilling is a good sign?
If banks would actually need it, nobody would give a fuck about whether it's a good sign or bad. Truth is that banks will have their own private middlebank blockchain and will set up oracles by themselves without middlemen. And they won't buy anything from you.

>> No.3915521

>>3915517
*interbank blockchain

>> No.3915621

>>3915517
>And banks will use their private ETH chains + make their own cryptorubles. Why even bother buying into open source cryptos?

Bankers don't understand much about cryptos yet and definitely wont make their own ETHlike ecosystems with their own oracles. There is just not enough good blockchain programmers. Most good blockchain programmers wont be willing to work under a bank anyway. So they just contact the best group that is working on an oracle and partner with them. In the process, lock the partnership down to work with them only and not release too much information for the competitors until the project is already almost finished.

>> No.3915655
File: 446 KB, 800x437, SIBOSroundup.png [View same] [iqdb] [saucenao] [google]
3915655

>> No.3915703

>working with billion dollar companies since 2016
>great use case
>price is still in the dogshitter

I own $5k worth of this garbage, why hasn't the price fucking budged

>> No.3915722

>>3915621
>Most good blockchain programmers wont be willing to work under a bank anyway
They would just outsource a team to build a private blockchain for them or (which is most likely) with ask a big IT company they've been partnering since the 80s to built it for them (inb4 Microsoft can't do better than Cayman island based startup of two). Absolutely no reason to conduct a public ICO and then buy anything for 5x ICO price from basement-dwelling neets.

>> No.3915781

>>3915517
so thats why we should dump our ripple and probably stellar too? lol fcking idiots.

chainlink is beside the banking shit useful for a lot of projects because there are no decentralized oracle networks - chainlink is the first mover.

>> No.3915784

I am a Certified Public Accountant and I have worked with small and medium business owners, and and currently in law school, and also a businessman myself. And I honestly think anybody who says link isn't the easiest and most likely moon mission is deluded. I can guarantee you that you will get rich from LINK, as long as the project isn't cancelled or some other bullshit business risk doesn't happen.

And certainly I've left my mother's basement. Fuck you faggot.

>> No.3915824

>>3915784
>biznezman
Nice larping, dickhead. Those bags are heavy I see.

>> No.3916133

>>3912243
>Pic related
No it's not, actually.

That was an event from a year ago.

>> No.3916151

>>3912295
That pic of Sergey is another even from a year ago.

>> No.3916193

>>3915703
The price has quadrupled in two weeks. If you want quicker ROI go gamble in a casino. Also gtfo with your chump change.

>> No.3916720

>>3912228
>>3912232
>>3912241
>>3912254
Good info, thanks.

I wasn't expecting any news to come directly from SIBOS, but news did come.
And how:

AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

All we were expecting was a demo with SWIFT integration, not this list of heavy hitters.

Everything we know puts LINK firmly in the top 5 most promising cryptos IN FUCKING EXISTENCE.

LINK only needs more exchanges to finally fly free.

>> No.3916751

Can a high IQ crypto whale answer this honestly? How many LINK do i need to accumulate to actually buy a lambo in 8 months?

>> No.3916764

>>3916751
Current circulating supply + a few dozens of bitcoin

>> No.3916886

>>3916720
None of those are partners
So desperate

>> No.3916891

>>3916886
All were directly involved in the demo.

>> No.3917092
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3917092

Let me give you some hints about investment strategies, why there is so much FUD and how to dispel it.

People just need to think from a rational point of view: All those morons flooding threads instantly and creating lots of FUD where people are trying to do informative, objective analyses. And it is not even good FUD, but just low argumentative 15yo spam dedicated to the low attention span of the new millenial "investors" who shit their pants when something tanks 3% after it gained 300% in the hopes they sell when they repeat "SELL SELL SELL" often enough.

So why would they do that? Think logically. Would they do it if they were not invested or don't want to invest? Right, they wouldn't. They have something to gain from it (most of the time, otherwise they are really sad pathetic human beings, seriously). They either want to short it or just accumulate at a low price. It may only be some sad 4chan guys who didn't buy in early enough. Or maybe it is even whales themselves who order some people to create lots of FUD and shake out all the weak hands. Otherwise they wouldn't waste their time if they had nothing to gain. They wouldn't just put up the sell walls repeatedly and remove them over and over again to make it look like the price will tank. Nobody who wants to sell would do that. They could just leave and move on elsewhere.

But they also see the obvious potential - one must have an IQ <75 to not see it - and everybody knows this is as legitimate and promising as it gets in the cryptospace. Think back to ETH and other coins like OMG before they surged dramatically. There was endless FUD and it usually is a very good sign. You just have to analyze the facts with a clear, rational mind. Read the arguments and judge for yourself. Check the sources. Things have mostly been true for Chainlink. Just ask yourself why you would rather invest some other shitcoins. Don't go all in but invest in Chainlink, since there are not many better coins with more potential around.

>> No.3917208

>>3917092
Lmao this post is hilarious
Literally can't deal with the fact sibos was a failure.

> $1 before sibos and $5 after the presentation
Trading flat at 30% below the ath
Lmao

>> No.3917222

>>3917208
Do you even have some self-respect or are you just very a very low intelligence breed?

>> No.3917267

>>3917222
I'm here to rub it in rhe faces of all the shills who shat up the board for a month with crazy ass price predictions
Sadly none of those retards are to be found. Just some level headed anons.

>> No.3917273

>>3917267
I take that as the latter. Thanks for clarifying.

>> No.3917287

>>3917208
>SIBOS
>a failure

AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

>> No.3917302

>>3917287
Let's see what the market things
>under 7k sats and falling
Yep, a failure

>> No.3917315

>>3917302
>the market
You mean Binance manipulators?

>> No.3917322

>>3917208
>Literally can't deal with the fact sibos was a failure.

this is just getting boring now

are there any other non cucked moneymaking forums?

>> No.3917376

>>3917322
If it was at least some good FUD, but this is just 5yo children insulting the average guys intelligence. It is just pathetic on a whole different level.

>> No.3917387

>>3915478
MY LINK IS GOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAANNNN

>> No.3917396

NEETs with no real life experience in these threads don't realize that banks never, ever give out their internal data to anybody. I've had some colleagues who wanted to do their theses on certain banking systems and it was impossible to obtain any concrete data from the banks.

The fact that the demo ran on inputs from this very internal data signals to everybody with even slight knowledge of how banks work, that this is very serious. Banks will not give you data unless they have you by the balls with legal paperwork and have already decided they will move forward with the project.

You are all in for a big ride.

>> No.3917440

>>3917396
good tidings

>> No.3917496

>>3917396
How do we know that this internal data was actual bank data and not hypothetical/fake data created for the purpose of demonstration? Is there a source for this? Cause if so you have a pretty strong point

>> No.3917540

>>3915338
this.

>> No.3917632 [DELETED] 

>>3917396
>banks never, ever give out their internal data to anybody
They did exactly that for the demo yesterday.

Better call the banks and tell them all about their big mistake lmao.

Read the fucking whitepaper, there's a lot more going on than you think.

>> No.3917640

Lol I wake up this morning and all of the FUDers are magically gone? This shit is so fucking obvious good god. Bottom line is, there's definitely a chance that LINK won't be a straight moon shot, but it's got HUGE potential. Anyone that sells NOW when we could be literally days away from a huge announcement, is a god damn retard and deserves to be a poorfag

>> No.3917658 [DELETED] 

>>3917496
No he doesn't.
Banks aren't bound to participate in SWIFT demos or projects AT ALL.
They wouldn't participate in Chainlink's demo if that wasn't something they were interested in.

And there's a lot more going on than "banks give up internal data to third party!".
For one thing, they've been working with SWIFT for a very long time, which supposedly entails the exact same mechanism.

>> No.3917661

>>3917640
it's doing what it's been doing for the past 2 weeks: slingshot back and forth between the same price from bot manipulation

>> No.3917691

>>3917396
>The fact that the demo ran on inputs from this very internal data signals to everybody with even slight knowledge of how banks work, that this is very serious.
This.

And until yesterday we had no idea actual banks were participating in the demo.

For all we knew, the demo was going to use some made-up info from made-up parties.

Shit is about to get real.

>> No.3917728

Btw, I wonder how many people the coordinated FUD worked on and actually sold. They obviously wouldn't do this if it didn't work.

>> No.3917756

>>3917728
Well, they have to try anyway even if it doesn't work. But I supposed it does work. Shake out the weak hands, make some more mind games and it will net you another 15% in the long run. Most whales play a rather long game while biztards only want to get rich in 2 days.

>> No.3917880

>>3917756
I hate to admit this but those fuckers were almost getting to me last night. Obviously not even CLOSE to getting me to sell but GOD DAMN they really do make you doubt yourself lol

>> No.3917887
File: 12 KB, 403x195, 7665445646.jpg [View same] [iqdb] [saucenao] [google]
3917887

Ok so explain this to me: CL partners with SWIFT and big partners are announced at SIBOS, yet the price fucking falls to the lowest it's been in a week. Is Binance manipulating the price? Are there huge whales keeping it down? Absolute shitcoins have gone over $5 on much much less, yet LINK is struggling to go above $0.50.

>> No.3917901

>>3917880
They're actually a vital part of the ecosystem, money shouldn't come easy.
Fuders and manipulating whales are there to shake out anyone who doesn't do their due diligence and who doesn't have the fortitude.

>> No.3917915

>all this FUD makes me comfy af
When your shitcoins get mentioned in the same sentence with any of the insitutions of the caliber mentioned here >>3917287 let me know.
I'm gonna baghold the shit out of this one.

>> No.3917923

>>3917887
the price dropped because lot of people are here to make money from day trading, not to hold long term

the price will recover

>> No.3917930

>>3917901
Best thing is just to jump on early, delete Blockfolio and wait 3-6 months. Ignore all the shit.

I did that with ARK when I bought in at 0.25$. So I didn't care at all for some fluctuations when I was 3-4x anyway, no matter what.

>> No.3917954

>>3917923
To be honest I don't intend to hold long periods either, but selling at 0.53 cents seems early.

>> No.3917977

>>3917887
It's because binance manipulates the price and it's not in major exchanges yet. Also no announcements have been made by the team yet. This thing is still in its infancy. Hold strong brother

>> No.3918006

>>3917954
if you buy at 0.33 and sell at 0.53 you make 0.20 on every coin

it's not about how low you think they are selling, it's about the profit they are making with the transaction

>> No.3918016

>>3917977
bullshit

how does Binance manipulate the price? sorry buddy, but it's not the exchange, it's the whales

>> No.3918023

>>3918016
the problem is rather that it is only on 1 halfway usable exchange.
if it gets listed on bittrex and polo it will be much harder to manipulate.

>> No.3918037

>>3918016
that's the point

less volume => more easily manipulated
bigger exchange => more volume

>> No.3918057

>>3918023
sure

If you want to be involved in LINK, you have two options:

1. buy, HODL and stop following all the movement for some time
2. ride the waves, try to day trade

LINK has bright future either way...

>> No.3918069

I'd be more worried about the FUD if it wasnt almost entirely baseless.

I think it's really, really important to think critically about your investments and as such I think biz's FUD culture is part of what makes it useful - flaws you might have missed will inevitably be found and announced 5 times in the same day.

LINK FUD is all so baseless. I dont believe for a second the guy who made the thread about being paid to FUD actually was in that scenario, but the people going bearish here are posing no valid, new information: (see also >>3912241)

>the 5 big banks article didnt mention a partnership
This is true, but it still indicates interest from 5 top 20 firms who would have spent their time elsewhere if they found it worthwhile, and given their visit was declared early, it obviously captured their interest long ago. It also hasn't been priced in at all, as when the market tried to do so bulls got dumped on harder than anything imaginable.

>If they're so good how come they only have a tiny conference room?
They dont need a big audience, they need an influential one, and they got it. Besides, you think SIBOS would allocate a large room to an up-and-comer? The project is still in its early days in terms of adoption and naturally it will be treated as such by huge-scale financial conferences

>deluded linkies + tears/red wojacks/an hero coming
Literally no information, just outright fearmongering.

The "top wallets havent moved" meme shouldnt be thought of as a concrete indicator that they will not dump at a later date. You can see some profits were taken during the moon yesterday from several of these wallets, but for the most part they havent moved.

So, to the fudders shitting on LINK, I ask you: Why should I dump? What is the fundamental reason this coin will not break $1, $2, or more? If someone can answer this question well enough to make me sell I'll give you 10% of the BTC I get upon selling for saving me greater losses.

>> No.3918082

>>3918037
more volume is not necessary better

low volume also means you can make more money on day trading, because the price tends to jump more

if you can't ride the waves then just HODL

the coin will be eventually listed on bigger exchanges

>> No.3918094

From a chainlink holder,
You retards who still believe in chainlink are just delusional. No news eveyday, sibos came and fucked us, massive manipulation, this shits over gg. Im only holding in the hopes that itll come up a few sat so i can recoupe my inital. The token is useless and thats why they dont give a fuck about promoting it. This whole crypto sphere is full of tech geniuses who are social retards. Dont fucking kid youself saying "good time to accumulate" or "Theyre working on the project". No ones too fuckin busy to tweet more than once a month. If youre more than 2k sat away from even, cut your losses or prepare to lose more.

>> No.3918107

>>3918016
That's what I meant. My bad.

>> No.3918138

>>3918094
C'mon dude you have to FUD way harder than that, you're not putting in the effort...
You guys are actually so hopeless, I'm stunned to think that anyone has considered selling LINK after your contentless FUD posts.

>> No.3918140

>>3918069
You realize the room Link used is the one Swift used for all SwftLab stuff right?

The important thing isn't the size of the room. It's the fact that Serg was presenting on behalf of Swift and is the only person to be doing so in that room without being a Swift employee.

>> No.3918144

>>3918094
Ripple's token is also useless and has a 10b market cap

>> No.3918151

>>3918140
Yes, which is why I said the room size is irrelevant

>> No.3918158

>>3918138
what your thick skull cant grasp is its not fud, its a genuine warning to the retarded kids out there who read this board as legit investing advice. If youd have asked me monday morning I was a believer, but now its clear this coin is fucked

>> No.3918176

will chain link become as big as eth?

>> No.3918186

>>3918176
considering chainlink is build ON eth... you tell me

>> No.3918189

the team running chainlink is so small. That's the only thing that concerns me.

>> No.3918203

>>3918140
>>3918151
Thanks for the good points. This FUD isn't making me want to sell,but certainly making me doubt myself. Seeing informative good posts helps

>> No.3918205

>>3918186
That tells me it will become bigger whenever eth rises but will never reach the heights of eth.

>> No.3918226

>>3918094
you haven't stated one valid argument in your rant

now fuck off and KYS

>> No.3918229

as far as i can tell ripple is link's main competitor. why isn't ripple going to win?

>> No.3918232

>>3918016
>>3918082
If a crypto is only on one decent exchange, all it takes is a single sell wall on that exchange to influence the price.
The more exchanges, the less chance of this.

>> No.3918236

>>3918082

Not true. It means greater liquidity.

>> No.3918242

>>3918094
>sibos came and fucked us

AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

>> No.3918247

>>3918226
lmao you must be down quite a bit with all that rage pent up

>> No.3918249

>>3918186
Thats a fair call. It is worrying that they havent taken time to shill on twitter etc, but they do have a history of being pretty quiet given nobody heard of them until 3 and a half years after they claimed the domain and began conceptualizing. I dont think it should warrant selling though, which you said yourself you havent done.

If the coin is fucked, why are you still holding?

2/10

>> No.3918258

>>3918242
>24hr change -6.8%

>> No.3918259
File: 19 KB, 80x80, 1507746546012.gif [View same] [iqdb] [saucenao] [google]
3918259

>>3918094
SIBOS goes till the 19th tho, and the last day is when stuff's announced at conferences.

>> No.3918260

>>3918094
>The token is useless
You can't have a decentralized network without incentives.

inb4 "just use ETH".
There's a reason tokens even exist, and that's to dissociate the underlying asset from any blockchain that is itself a distinct asset.
Chainlink's use case for its token is the very reason tokens (and therefore largely Ethereum itself) even exist.

Retard.

LEARN

>> No.3918270

>>3918258
>number of decent exchanges: 1 (known for manipulation)

When the news is this amazing, and the price still this low through artifice; that's a major buy signal.
There's still time anon.
Mount the pony or get left behind.

>> No.3918272

>>3918247
actually I'm doing well

are you just mad you missed yesterdays selloff? LOL stay mad

>> No.3918274

>>3918249
to get my initial... im not a fng who sells on a red day. itll retest but its not gonna break .50

>> No.3918283

>>3918158

"now its clear this coin is fucked"
Yeah righto mate every argument is one by saying ____ is fucked.
Now how about you actually say something worth posting or stop. How does that sound?

>> No.3918287

>>3918258
>24hr change

>> No.3918291

>>3918272
ive been in since .14¢

>> No.3918298
File: 391 KB, 686x598, 1467450829243.png [View same] [iqdb] [saucenao] [google]
3918298

>what is chainlink?

ChainLink is blockchain middleware that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments.

By providing smart contracts secure access to these key resources, ChainLink allows them to mimic real world agreements that require external proof of performance and need to make payment in widely available payment methods e.g. bank payments

>what problems does chainlink solve?

Smart Contracts are unable to communicate with external resources on their own. Data feeds, any/all APIs and traditional bank payment systems are all inaccessible to smart contracts without blockchain middleware like ChainLink.

This limitation is inherent in how smart contract data is secured on a blockchain, and is due to the way that consensus is reached by miners around blockchain-based transaction data, this limitation will remain for all smart contracts for the forseeable future.

The way this problem is traditionally solved is through the use of a blockchain middleware called an "oracle", which is the role ChainLink plays in the smart contract ecosystem.

>> No.3918299

>>3918283
to /biz/ if its not a circle jerk its not worth posting. get real faggots

>> No.3918307
File: 34 KB, 607x341, nervouspepe.jpg [View same] [iqdb] [saucenao] [google]
3918307

this is merely universal equilibrium being reestablished after too many neets became future millionares, the elect will hold and succeed - the trash will be flushed back to DGB land

>> No.3918313

>>3918270
>any inkling itll be listed on another exchange: 0

>> No.3918322

>>3918313
>slack posts saying they are under some kind of embargo: several

>> No.3918324

>>3918299
>>3918274
Other exchanges will want it soon given the coindesk announcement. Plus, the AMA is coming soon which should provide a bit more clarity. No doubt this is a grade a fucking circlejerk though, the linkies on around this time are more offputting than the pajeet fudding

>> No.3918335

>>3918291
>14¢
current price $0.38

it was 0.5 yesterday, I don't understand what are you crying about

>> No.3918339

>>3918324
>AMA is coming soon
Source? No? Exactly...
D E L U D E D

>> No.3918352

what is binance's website so I can make a user account and buy chain link? I already own eth on coinbase.

>> No.3918356

>>3918322
embargo, meaning other echanges have banned them from being listed? only post ive seen is just their sly "we cant say shit rn but its on the works" crap

>> No.3918357

The delusion around this coin is dgb tier... Yeah good luck with this.

>> No.3918362

>>3918352
binance.com

>> No.3918365

>>3918356
>embargo, meaning other echanges have banned them from being listed?
lmao no

>>3918357
AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

>> No.3918367

>>391833
i thought it was pretty clear i was saying thats as high as its goin, no $1, $50 bull shit, digits or not

>> No.3918374

>>3918352
Furthermore, you're better off just going to etherdelta, no KYC.

>> No.3918375

>>3918357
Shhhh I want pink wojacks

>> No.3918377

>>3918229
not at all.
swift and ripple are competitors
link encompases more uses than ripple

>> No.3918388
File: 8 KB, 779x89, link ama.png [View same] [iqdb] [saucenao] [google]
3918388

>>3918339
Youre a fucking retard. at least give me something decent to work with, still waiting on a reason to sell. 0.8btc on the line at current rates...

>> No.3918391

>>3918365
>embargo, meaning other echanges have banned them from being listed?
>lmao no

exactly, put down the thesaurus, and stick to words you know... theyre not getting on any exchanges anytime soon

>> No.3918400

>>3918362
That's strange, google didn't list it.

>> No.3918412

>>3918400
That is weird.

>> No.3918419

>>3918374
Is there some reason they don't use KYC? are they bigger than Binance? Is there a chance they could get hacked?

>> No.3918425

>>3918391
>exactly, put down the thesaurus
You mean "forget basic vocabulary"?

em·bar·go (ĕm-bärgō)
n. pl. em·bar·goes
3. A condition placed on the release of certain information

>> No.3918436

>>3918357
>The delusion around this coin is dgb tier... Yeah good luck with this.

not even remotely but what's your reasoning?

>muh minecraft
doesn't exactly ring any bells when i read about chainlink

>> No.3918470

>>3918419
Smaller than binance in terms of market volume, binace controls like 96% and ED's interface is less sophisticated but secure. I've put several thousand $$$ through them with no issue. They're good if you just wanna get into an exchange with minimal effort, but they only control ~2% of total LINK:
https://coinmarketcap.com/currencies/chainlink/#markets

>> No.3918501

>>3918388
Nice.

Anyone who's still wondering why the team hasn't been communicating much, these are the parties directly involved in yesterday's Chainlink demo:

SWIFT
AXA
Sony
Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

The NDAs they signed were likely written onto the embalmed skin of a prominent Rothschild.

>> No.3918542

Either the FUD campaign is over for now, or they switched to shill mode. I started this thread and I don't even know what life is anymore.

>> No.3918568
File: 10 KB, 250x178, senpai-notice-me.jpg [View same] [iqdb] [saucenao] [google]
3918568

>>3918542
we are all just ppl in our rooms

>> No.3918589

>>3918542
they must be exhausted. im really confused myself.

Theres only one thing to FUD about and this IS legitimate and we should be harassing the devs about this, and that is their total lack of communication. they take $32 mil and cant even send a few tweets to investors

>> No.3918650

>>3918589
Agreed.

>> No.3918657

>>3918189
It's a working product already. Why would they need a ton of devs, the bulk of the work is already done...

>> No.3918691

>>3918589
>their total lack of communication
See >>3918501

>> No.3918726

Can't wait for this AMA, fudders can finally STFU

>> No.3918833
File: 300 KB, 1280x1280, 1490676040921.jpg [View same] [iqdb] [saucenao] [google]
3918833

>>3912228
I bought LINK a couple of weeks ago.

I read the white paper. Watched all speeches Sergey gave. And decided that the technology behind LINK is worth the investment.

I didn't sell any LINK during any movement on the exchange. Simply because I bought this for its true potential. Not for some simple profit like doubling my investment.

I will go down with this ship or see it reach the stars. Either way I won't cash out until at least 2018.

If you want to get rich you need to stop day trading and only invest in coins you'd want to invest long term into and truly believe in.

>> No.3918844

>>3918833
Captain reporting for duty, my links are all accounted for sir!

>> No.3918857

>>3918844
Can anyone post the ranks list again?

>> No.3918872
File: 626 KB, 1539x2183, 1507136338097.jpg [View same] [iqdb] [saucenao] [google]
3918872

>>3918857

- General of ChainLink: General Sergey Nazarov
- General: 5000001+ LINK
- Lieutenant General: 250001-500000 LINK
- Major General: 175001-250000 LINK
- Brigadier General: 125001-175000 LINK
- Colonel: 750001-125000 LINK
- Lieutenant Colonel: 50001-75000 LINK
- Major: 35001-50000 LINK
- Captain: 25001-35000 LINK
- First Lieutenant: 20001-25000 LINK
- Second Lieutenant: 15001-20000 LINK
X<><><>X<><><>X
- Sergeant Major: 10001-15000 LINK
- Master Sergeant: 9001-10000 LINK
- Sergeant First Class: 7501-9000 LINK
- Staff Sergeant: 5001-7500 LINK
- Sergeant: 3501-5000 LINK
- Specialist: 1501-3500 LINK
- Corporal: 501-1500 LINK
- Private: 1-500 LINK

>> No.3918961

>>3918833
Well put. I'm in the same boat and feel the same way homeslice. I'm not fucking selling till it makes or breaks me, it's the closest to a sure thing I have ever found in this market

>> No.3918962
File: 48 KB, 600x600, space.gif [View same] [iqdb] [saucenao] [google]
3918962

>>3918833
>only invest in coins you'd want to invest long term into and truly believe in.

I firmly believed in this, until that sudden bitcoin explosion last week...Man, that was fucking depressing. Everything was going so well up to that day, I started out not long ago with about 6 BTC, and last week it grew to about 16 BTC, then that BTC bullrun started...It instantly crashed to 14, then it quickly bled to 12. I thought that it would only be temporary, but even though btc has been fairly stable for the past days, it never recovered. Now I'm down to 10 because LINK is being manipulated to hell.
I'm so fucking nervous another btc run might happen any moment and deliver the final blow to my investments.

>> No.3918982

While I believe in it. There are too many coins. This is why this is happening. I mean think about it idiots. I have 30k coins. And who the fuck am i

>> No.3919040

>>3918982
Hurr durr too many coins. Number of coins is meaningless you tard. Look at market cap

>> No.3919156

>>3918962
keep half of your shit in BTC and you don't miss out.

>> No.3919182
File: 100 KB, 374x400, 1427698323985.gif [View same] [iqdb] [saucenao] [google]
3919182

>>3918425

>> No.3919189
File: 603 KB, 1116x1448, 1507730250993.jpg [View same] [iqdb] [saucenao] [google]
3919189

Major reporting in, all LINKs accounted for!

>> No.3919191

>>3919156
yep...i got too greedy and i paid the price.

>> No.3919201

>>3918982
there are 4 billion coca cola shares nigga

>> No.3919231

>>3915332
Take your Adderall

>> No.3919277

>>3918962
https://steemit.com/bitcoin/@haejin/bitcoin-btc-big-picture-analysis-a-massive-top-approaches-use-extreme-caution

>> No.3919342

>>3919201
Owned by a billion people nigga. This is 350 million coins owned by like 1000 people. I literally can manipulate this on my own with my own stack. In the 2nd wk I put a 30k sell order up and boom it fell 5%. Just from my sell wall!!

>> No.3919362

>>3919342
Because it's only on one exchange.

>> No.3919401

>>3912241
What about supercomputes on every city? I heard some major banks are working on this.

>> No.3919418

>>3919362
We'll it's on fucking sale right now. Maybe it'll get on more exchanges and we can get some more motherfuckers in on this.

>> No.3919469

>>3919418
I'd be buying more if I hadn't bought everything I could two weeks ago.

Until LINK gets a fair shake in the exchange department, the price doesn't represent its value.

>> No.3919473

>>3919342
this >>3919362 im afraid

until we got on a different exchange we're not going anywhere. I pray to god something is coming

>> No.3919475

I believe in it. Contemplating a 10k buy Order. That's only $3700 which is cheap AF

>> No.3919687

I'd encourage people to keep loading up. You don't become a winner by running away when others are

>> No.3920213

>>3919687
I Know that's what I've bee

>> No.3920251

These prices are too good to be true, I have been topping up all day. I seriously need self control, but with the announcement yesterday and the sony, axa talk this opportunity doesnt come by often.

>> No.3920262

>>3920251
Sadly Im in REQ so no free capital till then.

>> No.3921122

I feel devastated after SIBOS.

On the other hand, I gained consciousness and now can claim that LINK is gonna be big. The only action you are allowed to take is BUY MORE LINK while it is under radars, small and associated with severe pnds.
You might be dazzled by other coins mooning, but that moon stops in days or even hours. LINK is here to stay and keep steady BTC-like growth. All you need to do is wait. It is easier to hold for x10 gain than to trade many coins and double your stack every month.

>> No.3921216

>>3918691
NDAs are biztards' way to justify their silence.
All we have is this Rory guy that answers vaguely on every question. He might not know shit about how's Chainlink going.

If he claimed that they have an announcement scheduled for a date that would be an NDA-like case. But now we have no fuel for the hype train

>> No.3921285

>>3921216
>NDAs are a legitimate way of preventing sensitive information from leaking

ftfy

>> No.3921304

>>3921285
Rory never said they legally can't make any claims. He never said when they will be able to provide them also.

>> No.3921443

>>3921304
>Rory never said they legally can't make any claims.
He said something to that effect.

>He never said when they will be able to provide them also.
Except he said there would be announcements after SIBOS, and that an AMA is in the works.

>> No.3921635

>>3917887
Its being Heavily Manipulated on Etherdelta for 2 weeks now. Its very clear for any real trader that big boys are working hard behind the order book.

>> No.3921941

>>3913598
Exactly. This is what the fuders either don't get or are afraid of too many people knowing. Not to mention that it's not even listed on the most popular exchanges yet. I buy & sell every single day to accumulate as much as I possibly can. Anyone with sense would be doing the same.

>> No.3922564

>>3921122
Well put homeslice.