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/biz/ - Business & Finance

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52464090 No.52464090 [Reply] [Original]

FTX imploding is literally a golden opportunity for Chainlink's Proof of Reserves, yet no one in the crypto space even knows about it even though it's been out for years. It's basically an unknown product lol. Why is that? What can we do to fix this?

>> No.52464130

>>52464090
We don't need to do anything. Adopting Chainlink isn't a choice, and I don't even mean that in the "Ari's going to hack you" sense. Anybody who adopts Chainlink has a massive advantage, and eventually it will reach the point that companies will have to do it in order to survive.

>> No.52464146

>>52464090
nobody gives a fuck about your overpriced neet oracles linkcel binance is sending you to 0

>> No.52464174

>>52464090
token not needed

>> No.52464183

>>52464090
Nobody wants to touch your WEF coin, chud

>> No.52464227

>>52464090
>What can we do to fix this?
according to the retards here, nothing because Chainlink's marketing is already top notch, it is truly a mystery why nobody seems to care

>> No.52464263

>>52464227
Chainlink has been harping on about proof of reserves endlessly for years now on every platform available to them.
If nobody knows about it, it's because there's no community drive.

>> No.52464322

>>52464263
bro ChainlinkGod has been tweeting nonstop what do you want Sergey to travel back in time and appear on david letterman like bill gates talking about the internet?

>> No.52464335

>>52464322
You quoted the wrong guy, my dude.

>> No.52464347

case in point, the retard already claims that Chainlink did everything right
also the retard can't understand sacrasm lel

>> No.52464353

>>52464335
my bad
>>52464263
bro ChainlinkGod has been tweeting nonstop what do you want Sergey to travel back in time and appear on david letterman like bill gates talking about the internet?

>> No.52464367

>>52464090
Erc20 not needed

>> No.52464371

>>52464353
I can't believe you did it again you absolute madman.

>> No.52464387

>>52464227
>it is truly a mystery why nobody seems to care
Maybe it’s the years of fud carpetbombing.

>> No.52464407

>>52464387
yeah, it's obviously the community's fault, they didn't shill hard enough
in any case, we can all agree than Chainlink did everything correctly!

>> No.52464415

bruh it's like everything we do gets mid reception, always. i'm legit going mentally ill holding this shit ong

>> No.52464430

>>52464407
>it's obviously the community's fault
Compunity is a massive factor.
It’s how BTC came up in the first place, and how Elon found out about Doge.

>> No.52464432

>>52464407
>we can all agree than Chainlink did everything correctly!
How didn't they?

>> No.52464437

>Chainlink's Proof of Reserves

you know proof of reserves was a thing in crypto years before chainlink ever existed?
nothing more bearish than them trying to associate their worthless token with generic concepts that don't need one.

>> No.52464439

>>52464415
why don't you start shilling anon? you can't expect Chainlink to efficiently promote their product and dispel the nonsensical fud, help the cause yourself today!
>>52464430
yes! if your community sucks it's over, it doesn't matter if you're offering a quality product!
maybe next time Serg will have a more supportive community..

>> No.52464458

>>52464407
>linkies just now realising their own fud campaigns ruined their one chance at becoming multimillionaires in early life
well at least those 5 redditors didnt buy, worth it I guess

>> No.52464481

>>52464130
Bruh, grab a sheet of paper and make two columns, assets and liabilities. I think the world has had this covered for years.

>> No.52464494

>>52464439
>it doesn't matter if you're offering a quality product!
Apparently.
Chainlink puts out the absolute best and most adopted oracle network, and has been shilling PoR since 2020 or something, but without an active community, awareness is abysmal.
As we can see now.

>> No.52464501

>>52464494
yes! it's over, pack it up

>> No.52464503

>>52464481
Worked great for Luna and FTX lol

>> No.52464512

>>52464439
>you can't expect Chainlink to efficiently promote their product
Chainlink does this. They put out more tweets, youtube vids, blogs, ... than pretty much anyone.

>> No.52464516

>>52464512
dude I know, but the heckling community sucks!
it doesn't matter anymore

>> No.52464522

>>52464501
This could change on a dime.

>> No.52464525

>>52464522
how so? the community will most likely remain retarded

>> No.52464536

>>52464525
Says who?

>> No.52464542

>>52464536
reality? empirical evidence of almost 5 years? why do you think it will suddenly change on a dime?

>> No.52464559

>>52464542
>why do you think it will suddenly change on a dime?
Because popular sentiment is one of the most fickle elements in recorded human history.
If all those other coins that don’t do a fraction of a percent of what Chainlink does (Doge, XRP, QNT, ADA, …) can have devoted fanbases, then so can Chainlink one day.

>> No.52464568

>>52464559
so you're basically praying and hoping sentiment will somehow reverse by it's own?
what if sentiment gets even worse? that could happen as well!

>> No.52464578

>>52464437
same with oracles

>> No.52464590

>>52464568
I’m expecting sentiment to one day accurately reflect reality.

>> No.52464606

>>52464516
You're changing the argument from "the community is negative" to "the community can never change".
That's called moving the goalposts.

>> No.52464611

>>52464590
but we've already seen that sentiment in markets almost never reflects reality
>>52464606
more like why should the community suddenly become positive but ok

>> No.52464618

>>52464568
Don't you know, this is all a 4D chess master plan by the team. Yup, the team knows exactly what it is doing, and losing 90% of the token value and smashing community sentiment is all a secret strategic move.
You'll see, they're only just pretending to be incredibly incompetent and fumbling the bag. Didn't you see Ari's cryptic tweet? Bro I'm sure there was a secret masonic code hidden in there signalling that Linkies are going to make it. Just two more weeks bro, then they're going to flip the switch.

>> No.52464649

>>52464611
>why should the community suddenly become positive
Because Chainlink is the most groundbreaking, secure, and adopted new blockchain system since ETH.

>> No.52464659

>>52464611
>but we've already seen that sentiment in markets almost never reflects reality
What we’ve seen is that Chainlink isn’t judged by the same standards as the rest of the market. Hence its ranking.

>> No.52464668
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52464668

>>52464618
>Chainlink is incredibly incompetent and fumbling the bag

>> No.52464671
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52464671

>>52464649
kek
do people actually believe this?

>> No.52464675

>>52464649
so why doesn't the sentiment reflect that fact?
>>52464659
you still haven't answered why you expect that to reverse

>> No.52464704

>>52464671
>do people actually believe this?
No, nobody believes Zeus Capital.

>> No.52464719

>>52464675
>you still haven't answered why you expect that to reverse
Because reality tends to catch up to delusion.

>> No.52464749

>>52464675
>so why doesn't the sentiment reflect that fact?
Lack of community drive.

See >>52464430
>It’s how BTC came up in the first place, and how Elon found out about Doge.

>> No.52464762

>>52464719
stockmarket begs to differ?
>>52464749
so we're supposedly talking about "the most groundbreaking, secure, and adopted new blockchain system since ETH", yet the community doesn't give a shit? why would that eventually change if it hasn't already?

>> No.52464774

>>52464762
>so we're supposedly talking about "the most groundbreaking, secure, and adopted new blockchain system since ETH", yet the community doesn't give a shit?
No, the community actively shits on it.
And as a result, the broader public doesn't give a shit.

>> No.52464780

>>52464774
>the community actively shits on it
....
why? and why would this ever change? do you even have an answer or you're simply wasting my time here?

>> No.52464787

>>52464780
>why?
Ostensibly to keep muh normies out.

>why would this ever change?
Lots of reasons.
If you don't even think it CAN change, then why would you keep holding Link?

>> No.52464800

>>52464787
>Ostensibly to keep muh normies out.
that has been achieved seeing how nobody cares about Chainlink, so why don't they stop and they remain overly negative about the project? your reasoning doesn't make sense at this point
>Lots of reasons.
you keep failing to mention even one though

>> No.52464806

>>52464800
>that has been achieved seeing how nobody cares about Chainlink
Yes.

>you keep failing to mention even one though
You're right, there are literally zero reasons why this would ever change. Damn. I just sold, and you should too.

>> No.52464822

>>52464806
I think you're afraid to openly admit you're entirely relying on hopium at this point
it's ok anon, hopefully le bad community will suddenly start shilling en masse instead of being jaded and demoralized and Chainlink will finally shine!
I hope...

>> No.52464824

>>52464668
Wow a collage! Let me go quickly check the price, must be in the three digit range by now.....oh no wait, it's only $6. Oops, guess that collage of random screenshots doesn't mean jack shit for value capture. What a failure, just like you lol

>> No.52464828

>>52464762
>stockmarket begs to differ?
Lol the stock market is the posterboy for this effect.
To quote Jeff Bezos quoting famed investor Benjamin Graham: “in the short term, the stock market is a voting machine; in the long term, it’s a weighing machine”.

>> No.52464834
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52464834

>>52464824
>Let me go quickly check the price
lol you're literally the guy from the collage.

>> No.52464836

>>52464822
>you're entirely relying on hopium
That's what investment is about: the hop of future benefits.

>> No.52464842

>>52464671
>An entire condo in the Upper East Side
is only worth 2.5m$
wtf nobody told me american house prices were so low! must invest!

>> No.52464845

>>52464828
but the stocks are completely detached from whatever "fundamentals" each perspective company has?
pets.com, GME, TESLA, META, NETFLIX are the posterboyz for this effect
hell, the NASDAQ has been on a parabolic uptrend for 15 years while the actual economy keeps getting worse!
>>52464836
no anon, that's gambling

>> No.52464850

>>52464845
>no anon, that's gambling
No, that's investing.
You buy at a price and hope to sell at a higher price.

>> No.52464854

>>52464850
>You buy at a price and hope to sell at a higher price.
actually that's a ponzi

>> No.52464871
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52464871

>>52464854

>> No.52464872

>>52464834
Funny how that guy is right though. Imagine being wrong compared to people you think are retards. Makes you a turbo retard doesn't it lol Quick, make another collage turbo retard hahaha

>> No.52464880
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52464880

>>52464872
>that guy is right though
Yeah, Sergey sure is fucking up.

>> No.52464892

>>52464880
He sure is, hence why hardly anyone knows about Chainlink or its PoR product and is the reason why the token is only $6. Thanks for agreeing.

>> No.52464894

>>52464871
usually you expect some return from your investment based on something tangible, not hopium
if you use the broader term of "investment" from Investopedia, you can argue that ponzi schemes or gambling bets are investments as well
tl;dr you're gambling, and that's okay

>> No.52464896

>>52464894
>investing is gambling and ponzi
k

>> No.52464901

>>52464896
>You buy at a price and hope to sell at a higher price.
using that definition, yes, that's a ponzi

>> No.52464904

>>52464845
>tesla
The model Y is the most-sold single car model in Europe.
Their valuation is based on the reasonable assumption that their shit is the future.

>meta
>ntflx
Rightly crashing and burning.

>> No.52464910

>>52464901
Welcome to the world of investment.

>> No.52464912

>>52464904
>Their valuation is based on the reasonable assumption that their shit is the future
that will age like milk!
>Rightly crashing and burning.
not before going on a parabolic 10 year run
and they're still way higher than what they should be
are you seriously arguing that the stock market reflects reality? lmao
>>52464910
welcome to the world of gambling!

>> No.52464918

>>52464892
>hence why hardly anyone knows about Chainlink
Except Swift, Citibank, T-Mobile, Bank of America, Associated Press, etc.

>> No.52464923

>>52464918
so why aren't they constantly promoting this groundbreaking technology? all of these entities haven't even mentioned Chainlink for years at this point?

>> No.52464926

>>52464912
>investing is gambling
k

>> No.52464931

>>52464926
investing based on hopium is gambling, yes!

>> No.52464938

>>52464923
>so why aren't they constantly promoting this groundbreaking technology?
They are. They put out more tweets, youtube vids, blogs, ... than pretty much anyone.

>>52464931
Future price increases are always based on hopium.

>> No.52464946

>>52464912
You need a hobby.

>> No.52464950

>>52464938
no, these entities you mentioned
AP, Citi, T-mobile, BoA etc
even SWIFT refrains from mentioning Chainlink at all apart from the two previous SmartCons
>>52464946
you need better arguments
>TSLA is the future!!
https://www.drive.com.au/news/tesla-semi-electric-truck-conks-out-weeks-before-production-is-due-to-start/

>> No.52464956

>>52464950
>no, these entities you mentioned
They did shill Chainlink. That's how we found out.

>> No.52464971

>>52464956
>past tense
my question is why are they not shilling Chainlink right now? all of these entities you mentioned have tweeted Chainlink twice, tops

>> No.52464974

>prove your reserves to us, exchanges
>nah
>but.. but we can use this tech

>> No.52465013

>>52464950
>you need better arguments
Increasingly outselling literally everyone is the best argument there is.

>> No.52465058

>>52464918
Ah yes, let me count, we have 2 PoCs so far neither of which have gone into production, a blogpost, a couple of Smartcon appearances, and 2 subsidiary node operators. Whoa! Groundbreaking. Those entities sure are all-in on Chainlink! Maybe next year we'll get another blogpost! Maybe the Chainlink team should take a picture standing in front of JP Morgan, partnership confirmed!

>> No.52465130

>>52465013
>Tesla's success stems largely from the profitability of each of its cars. The Toyota group sold 2.62 million vehicles in the quarter, 7.6 times as many as Tesla's 344,000
they're not outselling nobody bro
>b-b-but muh EVs!!!!
they represent a tiny percentage of the overall market, and they certaintly don't warrant a larger valuation for TSLA than the entire top 5 car manufacturers value combined
plus, their shitcars are already failing as we speak
you have no leg to stand on bro, you lost at the moment you tried to argue that the stocks accurately reflect fundamental values

>> No.52465179

>>52464971
>why are they not shilling Chainlink right now?
Swift is, so are AP, T-Mobile, ... by continuously running their nodes.

>> No.52465186

>>52465058
That's 1000x more than any other crypto lol.

>> No.52465207

>>52465179
could you point to me the latest tweets of these entities about Chainlink? could you also point to me where exactly are these node operators broadcasting to the world their support of Chainlink and the utilization of the technology?
a quick google search indicates that these entities have been dead silent since 2020-21
as for SWIFT, their promotion is limited to the two previously mentioned SmartCon events
so I ask again, why aren't these entities relentlessly shilling Chainlink right now?

>> No.52465219

>>52465186
>That's 1000x more than any other crypto lol
Except Ethereum has had actual 100m bonds transacted on-chain, executed by major banks. You know, like real in-production usage lol do you fuckwits not know anything lol

>> No.52465231

>>52465207
thread has 86 replies, 18 posters
>26pbtid
kek

>> No.52465244

>>52465231
thanks for your contributions!

>> No.52465264

>27pbtid
How many will he go this time? 40? 50? 60?

>> No.52465274

>>52465264
well, as long as people try to engange in a decent conversation I'll keep posting? does that bother you?

>> No.52465307

>>52465207
>could you point to me the latest
>could you also point to me where exactly are these node operators broadcasting to the world their support of Chainlink and the utilization of the technology?
Nah, I made it all up haha you got me.

>>52465219
>Except Ethereum has had actual 100m bonds transacted on-chain, executed by major banks
This pilot project was in 2021, and involved three institutions: Goldman, Santander, and Societe Generale.
Chainlink did a smart bond pilot in 2017 with FIVE institutions: Barclays, BNP Paribas, Fidelity, Societe Generale, and Santander.

>> No.52465316

>>52465130
>>Tesla's success stems largely from the profitability of each of its cars.
It has more to do with the expectation that the trend will continue.

>they’re outselling nobody
https://www.drive.com.au/news/tesla-model-y-best-selling-new-car-europe/

>> No.52465337

>>52465307
still waiting
>>52465316
>However, other than these fleeting appearances, no Tesla cars have been inside the Top 10 in any other months this year.

>Year-to-date European sales for the Tesla Model Y are estimated to be between 85,000 to 90,000, which ranks it outside the Top 10 sellers when all months so far in 2022 are combined.
next time read your sources

>> No.52465349

>>52465274
Do you hold link? If yes, why do you hold link if you don’t think sentiment will change and their marketing is a complete failure? If you don’t hold link, why do you spend hours arguing about specific details of a token you don’t hold? Either way it’s a bit strange to me

>> No.52465356

>>52465337
>Tesla outsells everything in September
>”OH YEAH BUT WHAT ABOUT THE OTHER MONTHS???”
Topkek

>> No.52465369

>>52465349
I hold a small bag and I'm actively reassessing my position by engaging in this convo
what exactly do you find weird here?
>>52465356
lol the irony
>Tesla gets rekt for the entire year
>OH YEAH BUT WHAT ABOUT SEPTEMBER!!!!
genuine retard

>> No.52465377

>>52465356
and it was just in Europe you desperate retard lmao
touch grass

>> No.52465397

>>52464090
Chainlink Labs lost their treasury on FTX, so will never show proof of reserve themselves. That's why it's not being pushed

>> No.52465416

>>52465307
lol you really are retarded. The bond was executed on-chain, you know, in-production. Chainlink's PoC was done off-chain in a closed environment, not in-production.
It's quite funny how you'll do all kind of contortions to defend Chainlink's underperformance, like some kind of snake oil salesman. Hey that's what I'll call you, Fakey Snakey.

>> No.52465437

>>52465356
jesus christ, I'm ashamed we're holding the same bags
where the fuck did all the smart anons go?

>> No.52465507

>>52465369
It’s odd because the ‘bad marketing’ narrative is relatively recent, and all you’ve done is talk about how bad their marketing is and shot down any counterargument, without proposing anything meaningful on how they can improve their so-called terrible marketing
>>52465207
For example in this and other posts you’re insistent that these entities need to be ‘relentlessly shilling’ chainlink. It’s not good enough that they’ve adopted the technology, or have entered a PoC/partnership that did receive initial marketing. Instead, they need to ‘relentlessly shill’. Weird take in my view

>> No.52465523

>>52465507
no, I'm actually accepting the premise of "overly negative community severely impacting Chainlink's perception to the market participants"
so, if we accept that, how does that get fixed? do you have any insights?

>> No.52465555

>>52465507
>these entities need to be ‘relentlessly shilling’ chainlink
well, if Chainlink truly is groundbreaking, why wouldn't they? this is what I find much weirder and inexplicable

>> No.52465580

>>52465523
Probably through price action which one would think will improve as features release (staking, ccip, deco, fss, low latency oracles). I have no faith the market will come to these conclusions on their own without the price increasing

>> No.52465596

>>52465580
sentiment drives the price though, markets are just a game of psychology
so the solution will come from an external force, it's entirely out of (((our))) grasp
you seem to be describing an unsolvable problem here

>> No.52465598

>>52465555
Checked. If these entities understand the long term big picture plan with chainlink, would you want to relentlessly shill it? Would you want your competitors to start looking into the tech and adopting it early? From chainlink’s point of view, yes, but from a company’s point of view, i would think no. I also don’t think it’s common for companies to relentlessly shill the back end tech theyre adopting or looking to adopt

>> No.52465625

>another episode of 50pbtid samefag
13 posts ITT unfiltered cool

>> No.52465636

>>52465598
then why even bother mentioning it at all? why bother announcing nodes, integrations, PoCs, why does SWIFT even attend SmartCon etc
you really think their competitors (who the fuck is even competing with SWIFT lmao) aren't already researching every aspect of their competition to gain some edge?
your reasoning truly doesn't make any sense
>>52465625
yes, all of /biz/ is me!

>> No.52465670

>>52465598
Actually, if you're a bank you do want your competitors to adopt the same technology. It makes things 100x easier if you're all on the same platform, hence the role that SWIFT plays in helping standardise messaging. This is why ISO20022 being delayed is causing headaches, since it means you've got some banks that are ready to use ISO20022, some who are stuck on MT messaging, and some who have no clue what they're doing or when they might be able to transition over.

>> No.52465732

>>52465636
When I mentioned competitors I wasn’t talking about Swift. Did i specify Swift? What about AP, Deutsche Telecom, etc?
And no, i don’t think companies research every little thing their competitors are doing to gain an edge, although they may try to. But if they are, why bring light to something that gives them an edge over their competitors?
>why mention it at all
It could be part of the agreement with chainlink. Impossible to say without seeing the actual terms

>> No.52465735

>>52465416
>The bond was executed on-chain
Oh yes it was, on Hyperledger Fabric.

>> No.52465749

>>52465555
>if Chainlink truly is groundbreaking, why wouldn't they?
Why is literal adoption not enough?
You're a goalpost moving MACHINE.

>> No.52465756

>>52465636
>why mention massive institutional interest and adoption?
lol no reason.

>> No.52465780

>>52464090
Chainlink is a scam that crypto natives dont want to be associated with. Only boomerfi falls for sergeys tricks.

>> No.52465790

>>52465596
>sentiment drives the price
Not always

>> No.52465814

>>52464090
>be a scamming CEX running rat faced bastard
>gee do I use a verifiable on-chain proof of reserves developed by the genius Sir gay of Chainlink?
>or do I use my own scammy system that I have a backdoor to, while fooling my retarded customers yet again by attaching a trusted name to it, maybe ask Vitalik to promote it
I wonder which one CEXes will pick. Until crypto using public actually starts demanding that things are verifiable and on-chain, they won't be. And people who are into CEXes aren't into on-chain stuff by definition

>> No.52465817

>>52465369
>>52465377
Tesla used to be nowhere and now they outsold everyone for the month.
Tesla is growing explosively while 99.999% of traditional manufacturers keep stagnating.
The speculative appeal is enormous.

>> No.52465831

>>52465817
Their growth is limited by all those scarce resources they have to rely on to produce vehicles. Batteries and chips and all that, this isn't the infinitely scalable IT company you want it to be, it's not google

>> No.52465855

>>52465831
Massive strides are being made in that field too. Cobalt for instance has already been eliminated.

>> No.52465878

>>52465735
Re-read what you quoted idiot lol Fakey Snakey again showing his negative IQ. 100m EUR bond issued on Ethereum,.as I said.
https://trends.aax.com/eib-issues-e100m-digital-bond-on-ethereum

>> No.52465898

>>52465878
Yes, in 2021.
Vitalik did a smart bond pilot four years earlier, with more institutions AND Swift on top.

>> No.52465913

>>52464090
Hypothetically, if Sergey died, who would take over his position?
Probably Ari I guess

>> No.52465918

>>52465898
Got a link?

>> No.52465922

>>52465918
No. I actually made it up haha.

>> No.52465937

>>52465922
Precisely, hence why you're the Fakey Snakey.

>> No.52465954

>>52465918
It should be illegal to be this new.

>> No.52465962

>>52465954
Truth not trust friend, or have you fallen from the Chainlink path. Don't let god Sergey hear that you've strayed.

>> No.52465965

>>52464263
false, it is because the whole industry is run by clowns and if 99% of the crypto companies audited themselves with Proof Of Reserve, they would show how bad things are really are in terms of asset management

>inb4 CZ takes out their balance statement less than 24h of publishing it

>> No.52465999

>>52465962
>Truth not trust
Ya, or you can just look it up.

>> No.52466016

>>52465898
>Vitalik did a smart bond pilot four years earlier
lol meant to say Sergey

>> No.52466037

>>52465999
>Just scour google to prove a negative bro
No thanks, just provide the evidence. Funny how when the mantra you spout is used against you it all of a sudden becomes a problem.

>> No.52466088

>>52466037
https://lmgtfy.app/?q=chainlink+swift+smart+bond

>> No.52466093

>>52466037
I scoured the whole internet and somehow managed to find it
https://www.coindesk.com/markets/2017/10/16/swift-startup-winner-demos-smart-contract-trade-with-5-financial-firms/

>> No.52466103

>>52466088
Read >>52465898
He said Vitalik did a smart bond pilot, hence why I asked for the link.
Learn to fucking read, honestly

>> No.52466113

>>52466103
>>52466016

>> No.52466125

>>52466113
>What are fucking timestamps
Holy shit, I knew you were an imbecile but even imbeciles have more intelligence than you

>> No.52466134

>>52466103
Shiieeeeeeet

>> No.52466150

>>52466103
Yeah well my bad.
Glad you finally conceded the basic point however.

>> No.52466193

>>52466125
I’m pointing out that he corrected himself and anyone with half a brain would know that he was talking about sergey anyway you pedantic loser

>> No.52466196

which exchange would expose their holdings to a third party. Anybody who believes this proof of reserve narrative is going to hold after ftx news blew over is a fool. All you get is html widgets

>> No.52466217

>>52465732
>I don’t think
well I do
>It could be
doesn't sound very convincing
>>52465749
because nobody cares evidently, so, how is that enough? look at the state of the industry right now
>>52465756
then why not keep mentioning it?
>>52465790
ohh so ultimately nothing matters cause the switch will get flipped overnight
gotcha
>>52465817
>20 year old company
>outsold everyone in a specific region of the world for one month out of 240
okay bro
I'm bored, this entire thread can be summarized as
>2 more weeks trust the plan
so long fellas

>> No.52466226

>>52466150
What point? lol You said Chainlink has had 1000x more than any other crypto, yet Ethereum has had more in-production usage as demonstrated.

>> No.52466234

>>52466217
>because nobody cares evidently
And how is this Chainlink's fault when they rake in the massive partnerships and shill their shit as hard as they can?

>>52466226
>What point?
That Chainlink did bond pilots way before ETH, and at a much larger scale.

>> No.52466237

>>52466217
>nobody cares evidently
>36 bot responses
Of all products in crypto, chainlink has the most integrations, more than eth to be fair

>> No.52466245

>>52464263
>Chainlink has been harping on about proof of reserves endlessly for years now on every platform available to them.
>If nobody knows about it, it's because there's no community drive.

when they say proof of reserves are they talking about real money or crypto crap?

>> No.52466252

>>52466193
>just predict what's going on in our retarded brains bro
Just get things right for once in your fucking life, stop being such a pathetic piece of shit.

>> No.52466253

Proof of stake is a flawed consensus model more concerned with lining the pockets of stakers at the expense of the ones using the service. It's far more cost efficient to just fork the technology.

>> No.52466287

>>52465307
>>52466252
You were literally conversing about the same PoC earlier in the thread, shit for brains. Not my problem you have the memory of a fucking goldfish

>> No.52466341

>>52466217
>well i do
We’ll have to agree to disagree that companies have the time and resources to investigate every little thing their competitors are doing
>doesn’t sound very convincing
We simply don’t know without seeing their agreement. Any answer you come up with is just as speculative
>the switch will get flipped overnight
Never said that. If you think sentiment is the only thing that drives price action in this market, then i don’t know what to tell you

>> No.52466345

>>52466234
>at a much larger scale
>That contract aggregated the data into a single rate that was then used in a virtual representation of a $1 million smart contact bond
Wow $1m, that's huge bro, massive scale, totally more than $100m. I wonder where that bond PoC is now......oh it's gone nowhere. Let me just see who else has issued actual bonds on-chain though, hmmmm Daimler in 2017 did a 100m EUR bond, CBA in August 2018 for $160m AUD, Santander in 2019 for 20m EUR.....wow, all that usage is outdone by Chainlink's 1m PoC, amazing

>> No.52466353

>>52464503
They did an amazing job, didn't they? lol. Confidence is on an all time low, pretty much people jut wanna be left alone. Chainlink need to build a bond in their community first and I'd advice every crypto user stick to DEX atm. I am a more of an NFT guy to an actual coin, reward NFTs are my thing, so I don't give a hoot what they're offering anyway. Been quite simple for me tho, stake NFTs on LOOP DEX or swap OSMO for LOOP and farm for APY. All these on the Juno Network. Whichever way, it saves me the hassle of the market hysteria.

>> No.52466367

>>52464090
Sergey should be more worried about being criminally charged for wire fraud himself.

>> No.52466383

>>52466287
Hey faggot, I'm not here to cover for your retardation. If you and your discord buddies can't get your fucking stories straight then it's not my fault.

>> No.52466418

>>52464494
>but without an active community, awareness is abysmal.
>As we can see now.
This is correct and it doesn't take a galaxy brain to realize why. People view LINK as strictly the best product, and in traditional markets that's usually good enough to amass a strong valuation, and market dominance - but in a DECENTRALIZED structure, the community is everything, well community is a lot. Whenever someone, anywhere, talks about LINK unless its a team member its always masked behind an EPIC if you know you know style post. And if people dont know, then they just ignore it and dont give a shit. This attitude was created on this board, and has spread to every "linkmarine" on every social media.

>> No.52466439

>>52465814
I second that, the entire concept of blockchain/crypto is to eliminate third parties per se. Why do a CEX? when you can actual be in custody of your funds. CEXs are falling apart these days and it's not paint a god image for crypto, critics jumping in and slandering every which way. I've been a DEX guy from day 1, LOOP DEX on the COSMOS being my preferred DEX of late, I have no problem the CEX guys have. Not 100% but a long way better.

>> No.52466441

>>52466345
>that's huge bro, massive scale
Five institutions AND Swift were involved, not just three.
The amount itself is used only for example purposes.

>I wonder where that bond PoC is now......oh it's gone nowhere
Same for the ETH pilot.
Except Chainlink now has closer ties with Swift than ever.

>> No.52466452

>>52466418
Exactly

>> No.52466539

>>52466441
>EIB 100m EUR bond - Goldman Sachs, Santander and Societe Generale
>Daimler 100m bond - Landesbank Baden-Württemberg (LBBW), Esslingen-Nürtingen, Ludwigsburg and Ostalb
>CBA $160m AUD bond - World Bank
Wow that's 11 institutions bro, guess what, 11 institutions is bigger than 5, Chainlink BTFO. Even by your own extremely narrow logic, Chainlink loses

>> No.52466595

>>52466539
>>Daimler 100m bond
This was on a permissioned chain.

>>CBA $160m AUD bond - World Bank
Link?

>11 institutions is bigger than 5
You're forgetting about Swift. You know, 11,000 banks.

>> No.52466607

Man, my withdrawal is still taking a while.

>> No.52466673

>>52466595
>This was on a permissioned chain.
Indeed, I didn't say it was on a public chain. Only the EIB bond I mentioned I said was on Ethereum
>Link?
https://www.commbank.com.au/guidance/newsroom/cba-helps-world-bank-raise-a-110-million-with-launch-of--bond-i--201808.html
2 tranches, $110m AUD first tranche and $50m AUD second tranche. The above link is for the first tranche.
>You're forgetting about Swift. You know, 11,000 banks.
Lol bro I sent a SWIFT message earlier today, do I now have a partnership with 11,000 banks? Let me just call up Bank of America here who I do not have an account with and ask them about our partnership

>> No.52466704

>>52466673
>Indeed, I didn't say it was on a public chain
lol you said it was on Ethereum you complete moron. Your whole argument was about Ethereum.

>https://www.commbank.com.au/guidance/newsroom/cba-helps-world-bank-raise-a-110-million-with-launch-of--bond-i--201808.html
ctlr+f "eth"
1 result: "togETHer"

What the fuck are you doing.

>> No.52466729

>>52464481
Brainlet. Assets equal liabilities PLUS equity. There’s a lot of room for fuckery there.

>> No.52466804

>>52466704
>Let me just see who else has issued actual bonds on-chain though
^^ where the fuck does it say Ethereum here dumbass. Fucking learn how to read you stupid cunt.
Not only did I provide evidence of an actual executed bond on Ethereum in-production, I supplied two more bonds also executed in-production on other DLT platforms, and you're still arguing that Chainlink has more in-production bond usage from their PoC. You are the 100% most dumbest cunt on this board, there is literally no other individual who posts here who is more retarded than you.

>> No.52466842

Everyone is ignoring because they are all grifting scumbags. Nobody can profit from truth right now only lies.
We will win but it’s a slow process as the network grows and Link grows with it. Lots of protocols need to collapse because of their failings first.
People will only adopt these services after they have lost everyone’s money.
Don’t hold on CEX’s, Dex’s and certainly don’t use lending protocols.
Keep your Linkies safe and wait it out.

>> No.52466852

>>52466804
>where the fuck does it say Ethereum
This whole argument was about how Link vs Ethereum.

>on other DLT platforms
Yes, two permissioned chains that were set up specifically for the purpose and then abandoned.

Chainlink arguably has more real-world adoption than Ethereum; they are number 1 and 2 respectively in terms of crypto adoptionn.

>> No.52466891

Sergey himself said ‘we are early’ not very long ago. He compared it to a ball game and said ‘we aren’t even seated yet’.
Occupy your mind with something else in the meantime.

>> No.52466963

>>52466852
>That's 1000x more than any other crypto lol.
^^ this you bro? Pretty sure you say ANY OTHER CRYPTO and not ETHEREUM. Get rekt cunt.
>Chainlink arguably has more real-world adoption than Ethereum
Lol and here come the fantasies, you're fucking delusional, you just make things up in your head and think that they're true to hide the fact that Chainlink has massively underperformed. Fakey Snakey lives in a dream world.

>> No.52467004 [DELETED] 

guys, throw away yar ideas. They're shit. take part in Bspin.

> Strong casino with a BTC as the playing currency.
> Huge Giveaway with 15,000$ Prize pool.
> Fast deposits with variety ways

>> No.52467031

>>52466963
Ethereum is rank 2 right now.
Not a single permissioned chain is ranked.
Chainlink having arguably more adoption than ETH means it should be ranked at least in the top 3 (not counting stablecoins).

>here come the fantasies, you're fucking delusional
In terms of actual real-world adoption by legacy corporations, the closest ETH comes to Chainlink is that bond pilot. And even in that specific anecdote Chainlink arguably beats ETH.

>> No.52467052

Can anyone explain to me how oracles are used for proof of work from a technical perspective? I'm starting to understand a bit more about using Merkle trees to compare exchange holdings to user liabilities, where does the oracle come in?

>> No.52467229

>>52467031
>Chainlink having arguably more adoption than ETH means it should be ranked at least in the top 3 (not counting stablecoins).
Hahahaha "muh token should be ranked higher", guess what cunt, it's ranked 21st. All your PoC's and testnets and betas don't mean shit unless they go into production, and until that happens you can't count it as adoption. That's the facts.
>In terms of actual real-world adoption by legacy corporations, the closest ETH comes to Chainlink is that bond pilot
Why do you keep referring to the bond as a pilot, it wasn't a pilot, it was an actual proper legal issuance. The only part that was a test was the settlement of the legal underwriting of the issuer using a representative CBDC. The initial investment and the repayment is done in traditional fiat (no interest since it's a zero-rated bond)

>> No.52467254
File: 207 KB, 826x767, 1605657814002.jpg [View same] [iqdb] [saucenao] [google]
52467254

>>52464090
https://youtu.be/VZP5lIzGNT8

In your fear and uncertainty it will be tempting to put your trust in some person or group who emerges and claims to have a "way out", which will involve sacrificing some of your liberty. You must resist this urge. These self‑proclaimed saviors may appear in many forms, under any number of banners: "intellectuals", "influential people", "progressive thinkers", "billionaires", "the UN", "the EU", "self‑selected multinational coalition", "global leaders", "world governments", "radicals", "revolutionaries" or some combination of these. They may appear charismatic. They may appear to have your best interests at heart. They may stand united, arm‑in‑arm, proclaiming "We know the way forward", advancing some form of "people's revolution" or "Global Reset" where "you will be in charge", hawking various "‑isms" and promises of a better tomorrow. These people are not your friends. They are not to be trusted. They are the same global banking elites using the same fear tactics, shilling the same magic potions and snake oils as always. They want only one thing: power.
https://www.youtube.com/watch?v=Cieu5nDDssc

>> No.52467374
File: 593 KB, 748x630, file.png [View same] [iqdb] [saucenao] [google]
52467374

>>52467229
>All your PoC's and testnets and betas don't mean shit unless they go into production
kek tell it to ETH

>Why do you keep referring to the bond as a pilot, it wasn't a pilot
It literally is.

>> No.52467406
File: 453 KB, 875x711, 22CA3EFA-DFAF-4105-B641-AA4EB606FD3F.png [View same] [iqdb] [saucenao] [google]
52467406

>>52464090

>> No.52467554

>>52467374
Hahahaha you're looking at the wrong fucking bond bro, hahahaha checking the fucking dates. The EIB bond was issued in 2021, your screenshot is from 2018 hahahaha you even got the issuer wrong. I even sent you the link to the EIB bond and you still fucked it up hahahaha I'm done, there is literally no saving this idiot.

>> No.52467804

>>52467554
>coupon: 0.000$ (annual)
In other words: they manually created ERC tokens and promised they were worth $100M total.
And nothing came of it since.
Literally a dumb contract, not a smart contract.

Was there ever even on-chain proof?

>> No.52468135

>>52467804
Every post you make just shows how little you know. You seriously need to do some reading on debt instruments and how they work. Zero-rated bonds are fairly common, where the yield is all contained in the redemption price. The redemption hasn't happened yet since the bonds dont mature until April next year.
>literally a dumb contract, not a smart contract
Oh the irony, coming from Mr I Can't Even Get The Right Bond screenshot.

>> No.52468164

>>52468135
In other words: they manually created ERC tokens and promised they were worth $100M total.
They could've done this on any blockchain, like they've been doing for years on custom permissioned chains. Zero smart contracts involved, other than the token creation.

>> No.52468328

>>52468164
Haha what the fuck are you even arguing? That the contract is dumb because it doesn't have an interest rate? Jesus fucking christ, even if the bond had a non-zero fixed interest rate it would enact exactly the same process as a redemption, the contract triggers a payment to all the bond holders.

>> No.52468362

>>52468328
>That the contract is dumb because it doesn't have an interest rate?
Yes. They're manually transacting and zero external data is being introduced.
This isn't a smart bond.

>> No.52468632

>>52464618
Say thanks joe Biden for crashing tech stocks and crypto

>> No.52468705

>>52468362
Hahahaha so now you agree that bonds have been issued on-chain, but YOU don't believe they count because they don't have an interest rate. Maybe you should call the EIB and tell them their bonds aren't real lol

>> No.52468787

>>52468705
This was not a smart bond issuance, nobody cares that you can shit out tokens. What matters is what you can do with them:

>> No.52468873

>oh boy a LINK thread with 100+ replies, can't wait to read it
>it's the same autist again with 50+ posts
anons, can we ignore this fucker please?

>> No.52468885

>>52464090
It would be a golden opportunity if CCIP and super linear staking were live. Instead it's a golden opportunity for CZ to gain network effect with whatever kludgy solution he pushes to this.

>> No.52468912

>>52468787
No no no, you said Chainlink had currently more real world adoption than any other crypto because of two PoCs and a couple of blogposts. I've proven that more institutions have transacted greater value across multiple chains than what Chainlink has done. That is true adoption, and you cant hand wave that away. I don't care how much of a tantrum you throw, how much you stomp your feet, how many tears you cry. You're wrong, you always were wrong, and likely you will always be wrong. Deal with it retard.

>> No.52468927

>>52468912
>across multiple chains
lol

>> No.52469098

>>52468927
>The beta Linkie kneels
As it should be

>> No.52469126

>>52469098
>Link has the most adoption of any chain
>n-no because if you COMBINE a bunch of different chains...

>> No.52469211

>>52469126
>m-muh PoC is real world adoption, n-no it's not in production yet b-but it's real in my head!
>W-what? A EUR 100m bond on Ethereum? IT'S NOT REAL, IT'S NOT REAL, IT'S NOT REAL

>> No.52469242

>>52469211
Excuse me, I thought we were talking about smart bonds. Not tokens with a value set by some dude.

>> No.52469286

>>52469242
>I came up with something in my head and didn't read what was actually written because I'm a retard
Whelp no surprises there

>> No.52469353

>>52469286
>>I came up with something in my head
lmao I definitely did not come up with the concept of smart securities.

>> No.52469648

>>52469126
>duuuuuuuuude link adoption!!!1111
>Dinosaur nft games for 6 year olds

yeah, groundbreaking

>> No.52469987

>>52464090
>be in shady industry known for scams, ponzis, profiting off misinformation and knowledge gaps
>"Hey guys this product will keep you honest and truthfull to your investors and clients!"
>"h-hey why are you walking away?"

>> No.52471895

>>52464415
Kill yourself zoomer
t. Zoomer