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/biz/ - Business & Finance


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8513868 No.8513868 [Reply] [Original]

>keep in mind there are 1 billion stinky linkies

>if it reaches thousands it will surpass Bitcoin

I read some crypto pasta that if chainlink gets merely 3% of real world usage in the smart contracts it will be worth $500 and that this industry will be worth 66 trillion

>> No.8513895
File: 222 KB, 970x980, 48204.jpg [View same] [iqdb] [saucenao] [google]
8513895

LINK is intrinsically worthless. Node operators can be paid in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA....

>> No.8513917

I just started mining link. I'm getting like 20k Links each minute. This is over.

>> No.8513938

lol wtf look at this guys

www.youtube.com/watch?v=dwZvm8xUnvw

>> No.8513992

link 1000$ eoy

>> No.8514013

Congrats stinkies you're the most shilled coin on /biz/ a place known for shady shit coins and P&Ds. This project will never be taken seriously by anyone

>> No.8514027
File: 86 KB, 390x438, chainstink.png [View same] [iqdb] [saucenao] [google]
8514027

1 link = 1 flush

>> No.8514048

>>8513868
>keep in mind there are 1 billion stinky linkies
Check coincapmarket. There are "only" 350.000.000 right?

>> No.8514061

>>8513895

This pasta would be more convincing if you left the last line out

>> No.8514060

>>8513917
where can one mine link?
I cant find any sites that offer it

>> No.8514078

>>8514060
>he doesn’t know how to mine link
Not gonna spoonfeed you it’s literally the easiest coin to mine

>> No.8514089

>>8514078
you just take a shit and then search for links in it

>> No.8514091

>>8514060
lmao, its the most straight forward coin to mine. DYOR homo

>> No.8514094

>>8514078
no seriously man I cant find a damn site that offers chainlink mining so that's why I am asking. If you think that's being spoonfed cant help that cuz I sure as fuck am not finding shit googling chainlink mining or chainlink coin mining or anything involving those phrases.

>> No.8514108

>>8514027
Thats going to be one expensive flush by q3

>> No.8514126

>>8514094
Lol...U r an idiot.
You deserve to be poor then.

>> No.8514128

>>8514094
You're just not meant to make it lmao. How do you think people hit numbers like 100-200k link? It's like mining btc in 2011, tons for minimal effort. If you can't figure it out I don't know what to tell you.

>> No.8514153

>>8514094
It's a non-mineable token bruh, you can't mine it

it's pajeet-tier FUD

>> No.8514158

>>8514153
Shhhh!!

>> No.8514162

>>8514094
They are just teasing you because you're a "newfag"

You can't mine chainlink. It's an ERC20 TOKEN which means there is no mechanism for mining it.

It's not a currency lol...

Know the difference between a currency and a token...

This bullshit with mining chainlink and making tens of thousands of coins is new level FUD.

The /biz/ trolls are getting more creative now

>> No.8514171

>>8514060
link tokens can only be mined on the erc20 blockchain

>> No.8514177

>>8514094
Read what an ERC-20 token is please.

>> No.8514182

>>8514126
>>8514128
heh of course you guys would shit talk instead of being useful. You guys wanna make it but dont wanna see someone else make it or help them make it. all good I know how life tends to go for people like you.

Well gonna go check some of these pay to mine sites out that I found and hopefully that works out. If not I got a few other coins I can keep mining.

>> No.8514198

>>8514153
>>8514162
>>8514171
>>8514177
Ah see I didnt realize it was a token and I am reading up on erc20 blockchains right now. Thanks guys for filling me in and giving me a direction to go and stuff to read up on and learn. Much appreciated and thank you.

>> No.8514202

>>8514182
Mining is a waste of time my man. Just go all in chainlink (not joking.)

I have 120k links and 800 nanos..

I'm gonna end up putting all my nanos in link once I break even on nano...Chainlink is releasing mainnet soon which will allow people who have link tokens to host exit nodes for api data retrieval which will generate us passive income...

It's gonna be better than mining my friend..

>> No.8514214

>>8513895
If you leave the last line out people will actually believe it. the last line ruins it for anyone not retarded which are the people actually putting in/taking out money.

>> No.8514216

>>8514094
You are honestly retarded.

Do even THE TINIEST bit of research before coming here expecting to be spoon fed about BASIC INFORMATION

>> No.8514218

>>8514182
Link is not really mineable in the straight sende of actual bitcoin type mining where you dig out new bitcoins. In link you more like so transactions based staking.

Please sir be kind of considerate.

>> No.8514256

>>8514216
I didnt come here to be spoonfed I came here trying to learn some stuff and ask a few questions and the mining chainlink caught my attention. Maybe you should work on being less of a tough behind a moniter shithead and learn to be useful in life past a cumdump for your brother and dad. fuck off troll you're useless online just like irl. See I can shitpost too lil bitch. now run along and suck your dads cock some more and dont forget to tuck

>>8514202
Thanks also noted. I plan on getting big into chainlink in the next week as soon as more money comes in. The more I read up on chainlink the more I think damn this sounds awesome if they deliver. And with so many high up's taking note of them and the invites to various events it's hard to just go it's a meme. One of the few coins I think has some serious long term value to sit on.

Anyways thanks to those that helped me out and filled me in on a few things. This erc20 stuff is really interesting readings so far

>> No.8514276
File: 965 KB, 2040x1888, icebrg.jpg [View same] [iqdb] [saucenao] [google]
8514276

>> No.8514338
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8514338

>>8514276
>blog chain

>> No.8514358

>>8514048
650 million left to be mined. One anon is getting 20k per minute so remaining supply is dwindling.

>> No.8514382

>>8514256
Man mining Chainlink isn't easy 2 mine and doesn't give that much profit for the effort, these guys are trolling you. I would recommend you to just mine x Rapid, most profitable right now.

>> No.8514663

>>8514198
no worries, just make sure you never connect to a centralised erc20

>> No.8514683
File: 221 KB, 1065x886, Screenshot 2018-03-11 at 8.32.58 PM.png [View same] [iqdb] [saucenao] [google]
8514683

>>8514276

>> No.8514747

>>8513868
Where's the OP that said this yesterday about the 3%? He knew what he was talking about. Where's he at someone go dip up his thread it was a nice thread.

>> No.8514786

>>85z14358
I wonder what's the hashish rate for to mine such amount? I'm trying but the max i can reach is like 5k per hour, could the problem be my ram or should i just upgrade to an SSD?

>> No.8514790

Do not forget that you can't leave your coins in ledger/mew cold storage when mainnet launches or you'll lose your coins because LINK is not an erc20 token it's an erc677 which means you'll have 36 hours tops to send all your LINK to Linkpool.io or else you'll lose all your Link tokens forever. This is a tough process as you'll be jumping through several hoops and only a few will survive.

>> No.8514857

>>8514108
just like last year right faggot?

>> No.8514941
File: 223 KB, 496x384, 1516833725063.png [View same] [iqdb] [saucenao] [google]
8514941

>>8514790
Not sure if you're trolling or not but LINK is most definitely an ERC20.

Care to elaborate further on what you said?

>> No.8514962
File: 223 KB, 1367x944, 1521558668183.jpg [View same] [iqdb] [saucenao] [google]
8514962

It's a good project but It will not make serious gains.
It'll get to at least $1 for sure unless Sergey dies of burger overdose.
$10 is a maybe because crypto is retarded. And btw $10 would involve a mcap of 10 fucking billion dollars. Literally a top 5 coin. You don't think there are 5 more coins in the entire world that would do more business than link? You don't think all those coins that have marketing campaigns and hundreds of employees will get more exposure? Yes it could start the smart contract revolution. So fucking what you retard? That means that the platforms that do the actual heavy lifting, like ETH will still be the big dogs.
$100 literally impossible and $1000 is obviously a joke.

>> No.8514965

>>8514941
its a trollolololol

>> No.8514995

Just got home from the chainlink mines where I work as a welder
Fuck those miners and their tiny wage, i earn wat more then those shitdiggin peasants. slaving away in the dark, the can have their link diamonds. I'll be welding Stacy to my bed tonight

>> No.8515031
File: 457 KB, 960x720, allthelinks.jpg [View same] [iqdb] [saucenao] [google]
8515031

>>8514027
Wow, thanks for the cheap Links, Mister!!!!

Us stinkies love us some toilet linkies, it's the secret marinade sauce for makingit pasta!

>> No.8515478

>>8514094
Mining an erc677 token is even easier than mining erc20 tokens. I'm mining it on my hp windows 360x tablet. I'm gonna be at 198,981 link in no time.

>> No.8515650

Circulating supply != Total suply
Only the nolinkers would want to buy LINK, cos all the linklets gonna be raking node fees.

This is a perfect situation for market manipulation: you operate a node, you receive fees in LINK. Those who want to use the service will have to buy their LINK to pay fees from you, the node operator. This gonna be a seller's market.

Linklets gonna be the ones to decide how much LINK costs. We will make sure to make it so expensive you'd have to spend a fortune to organise a competitive node. We can limit the supply to 1kk LINK and make you pay $1000 for 0.1 LINK and you gonna buy that 0.1 LINK we have just received from you as a fee.

>> No.8515651

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.8515719

>>8514060
Mining it rn with 650 MH/s. getting about 90~ per day

>> No.8515726
File: 382 KB, 875x1010, 7A34183E-F9D4-4F04-B00D-5B47EF22ECA9.png [View same] [iqdb] [saucenao] [google]
8515726

Salesforce just bought, for $6.5 billion, Mulesoft Inc., a company that's about making APIs externally available:
>https://blogs.wsj.com/cio/2018/03/21/the-morning-download-salesforces-bets-6-5-billion-on-the-api-economy/
This is the most expensive acquisition Salesforce has ever made. That's because they know how important APIs will be, and ChainLink is poised to connect this API economy to this emerging Smart Contract economy. Salesforce are connected to ChainLink via the dev Dimitri Roche, and Sergey tweeted the Salesforce CEO.

Yes, the API economy is huge and it's growing. How huge? Well, the research consulting company Ovum says that the size of the API economy is going to be 2.2 trillion dollars during 2018. There were ~15,000 public APIs available in 2016, growing by 40 new ones per day during 2015. In 2016, Netflix alone received 5 BILLION API requests PER DAY.
>An API request is equivalent to a "job" that an oracle would do.
>For comparison, Oraclize claims to do "thousands" of jobs per day. That shows just how much room for growth this API/Smart Contract economy has.

If ChainLink can capture just 3% of the $2.2 TRILLION global API economy, that gives it a market cap of $66,000,000,000 - 66 BILLION. Consider that Sergey said there are 19,000 people interested in running a node: that's over 100% of the available public APIs in 2016, so 3% of the market is very conservative. That's not even considering what % of the smart contract economy ChainLink can capture, for which I can't find much on predictions for its value or its current value.

Price per coin multiplied by number of coins determines market cap, so marketcap divided by number of coins gives us coin price. So if LINK captures 3% of the API economy, that gives us a price of $188.

>> No.8515796

>>8513895

This pasta is so fucking boring

>> No.8515834

> mainnet here
> /biz/ sends all their money to linkpool
> "code error" leads to a permanent lock on these tokens
> bizlets btfo
> circulating supply massively reduced
> tfw /biz/ shilling and linkpool has been a scheme to burn LINK all along
> LINK reaches $100, but not a single bizlet has a single LINK now

>> No.8515840
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8515840

>>8513868
If you believe $100k EOY I doubt you have the brainpower to understand how it works or why it's useful.

>> No.8515858
File: 441 KB, 1050x700, how big is chainlink.jpg [View same] [iqdb] [saucenao] [google]
8515858

>>8514276
this version is shit

>>8513868
look at this

>> No.8515957

>>8514358
Well played anon

>> No.8515988
File: 153 KB, 1013x1000, NaziLinkCube.png [View same] [iqdb] [saucenao] [google]
8515988

>>8514256
You'd be better off learning to speak english and grasping a basic understanding of syntax and grammar, Pajeet. "Thanks also noted"
You are a total faggot. Don't buy LINK - buy your own country's coin - Mobius

>> No.8516068

>>8514256
Holy shit dude. Have you never been on 4chan before?

People are just like that here. Its the culture. Its rude, harsh, abrasive - but that's how you know its honest. Nobody is fanning each others balls here, like on Reddit.

TL;DR - Chill the fuck out you sound like an angry middle schooler

>> No.8516176

>>8514256
Nice b8 m8 r8 8/8 top tier iq m8

>> No.8516276

>>8515988
>thinks Mobius is a coin
>thinks the newfag is
Back to /pol/ mein kiker

>> No.8516326

LINK is going to be the first ERC21 coin. That means 4D blockweb.

>> No.8516486

>>8514941
It's erc677, actually. Obvs everything else he said is shitpost