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/biz/ - Business & Finance

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File: 130 KB, 1244x765, chainlink-price-prediction.png [View same] [iqdb] [saucenao] [google]
9950980 No.9950980 [Reply] [Original]

Do i do it? Loan is for 50k, total repayment over 5 years is 68k.

If i take this motherfo and hold LINK for 5 years, with 300k LINK in my pocket, i'll make it right?

>> No.9950991
File: 780 KB, 1536x2374, 6A2415DB-2C57-40BB-82D6-5F5FCDE2B8E3.jpg [View same] [iqdb] [saucenao] [google]
9950991

>link

>> No.9950995

>>9950980
You won't be able to buy 300k at this prices lol.

>> No.9951004

>>9950995
>You won't be able to buy 300k at this prices lol.
£50k x £.17 = 295k LINK

>> No.9951091

>>9951004
The orderbook is thin as fuck thus you can't buy 300k at these prices, that's what he meant.

>> No.9951104

>>9951091
Not all at once, but you can buy 300k.

>> No.9951127

>>9951091
I wouldn't brainlet and market buy. would be funny to do it if I had the money though

>> No.9951136

>taking out a loan to go ALL IN on a /biz/ shitcoin. Were you diagnosed at birth OP, or did your parents find out over your development period?

>> No.9951143

yes you should absolutely do it but I doubt you have the balls.

>> No.9951149

>>9950980
Are you truly this retarded?

>> No.9951153

>>9951136
*SNAP*

>> No.9951154

>>9951136
Previous biz designsted shitcoins -
BTC
ETH
ANS

>> No.9951162

do it, you no regret sirs.

>> No.9951170

He just sets buy order and wait for it to get filled. It will be filled so fucking fast. There are people just waiting to unload their bags right now

>> No.9951177

LOW IQ
O
W

I
Q

>> No.9951192

>>9951170
Pakeet?

>> No.9951202

F A T
A
T

>> No.9951204

>>9951154
previous biz designated shitcoins-
a bunch of coins that were actually shit and crashed that far outnumber BTC, ETH, and ANS

>> No.9951468

>>9951204
Yeah but LINK gets 10x more hyp and fud than any other shitcoin.

>> No.9951516

If you have no problem paying back the loan then yes. It's a gamble because Link might not get adopted, but it has huge upside potential.

>> No.9951530

You’d probably be fine and get quite rich. The question is, can you imagine scraping your life together if, for some reason, the project fails or doesn’t moon? If the answer is no, take out a loan at a level for which the answer is yes.

>> No.9951680

if you buy chainlink you are Guillaube as fuck

>> No.9951958

This is how crypto is gonna crash hard fucking loans.

>> No.9951980

>>9951154
Let me explain it to you

>BTC
Has it's own blockchain
>ETH
Has it's own blockchain
>ANS
Has it's own blockchain

>LINK
ERC20

>> No.9952162

>>9950980
im jealous op I'm not in the position where I can get a loan

Link only needs to get to ~.55 for you to 2x your money from here, assuming order books are thin and you need to buy high for some bags

but then nobody knows when mainnet will be ready so prices could stay this low until june 2019

>> No.9952349

>>9951980
It's not an ERC20 coin firstly faggot. Secondly, regardless of LINK being based in Ethereum, it's blockchain agnostic as you know. It can work with ANYTHING.

>> No.9952356

>>9950980
he bought? Dümp eet.

>> No.9952398

>>9952349
Yeah, it has a different number beind ERC, still pretty much the same. Also, pleas show me an example of how LINK gets data out of NEO, ETH or BTC to make it a contract, that then gets executed (only on ETH?). That should be possible to proof at this point, right?

>> No.9952431

I would go half link and half babb. Babb will easily be .50 1st qtr 2019

>> No.9952447
File: 55 KB, 1135x518, Capture.png [View same] [iqdb] [saucenao] [google]
9952447

>>9952398

>> No.9952464

>>9952447
Maybe a technical explenation instead of a picture that shows 100110 and an arrow?

>> No.9952473

>>9952464
Have you read the white paper? That's about as technical as it gets.

>> No.9952483

>>9952473
Yeah, it's over complicated imo, can't seem to get a normal explenation of how link should work.

>> No.9952488

>>9952464
No. Fuck off. You should have been here months ago when that was the discussion.

You get a picture and a fuck you

>> No.9952538

>>9952483
Browse the archive, read the whitepaper

>> No.9952539

>>9952488
face it mate, you can't explain it, and nobody on biz can. That's why you fall for the easy larps. (assblaster) The white paper is too technical to understand on porpuse.

I don't get why you guys get so angry all the time? I'm generally intrested in your coin, but nobody can explain it. And you'll get a "fuck off", "retard", "pajeet" awnser. Just explain it in normal words please.

>> No.9952541

>>9952398
You have no idea what link does and how it will work.

Your question is nonsense.

>> No.9952555

>>9952541
You are right, would you mind explaining?

>> No.9952565
File: 5 KB, 232x162, cf8.jpg [View same] [iqdb] [saucenao] [google]
9952565

>>9951143
this. you don't have the cobbles.

>> No.9952574

>>9952539
Nope.avi

>> No.9952582

WHOA. so yesterday AXA went live with their smart contract. Someone asked if they are using chainlink, he said no. But his comments are deleted referring to chainlink. The conspiracy thickens

>> No.9952590

>>9952555
Link takes off chain data and shares it on chain. Nodes come to a consensus on which data is valid. Users pay for that data. Node holders supply that data, and they get paid.

Basically it's a json parser.

>> No.9952602

>>9952582
I’m talking about reddit by the way.

https://www.reddit.com/r/ethereum/comments/8rxtcu/fizzyaxa_smart_contract_finally_shared_with_the/?utm_source=amp&utm_medium=comment_list

>> No.9952619

>>9952555
I mean, it is a lot to explain in the format given here and I’m on my phone...but by your question, it is pretty clear you don’t have much of an understanding of smart contracts or blockchain in general. ChainLink solves a major issue that allows sources of data outside of blockchain to have their data input into those blockchains/smart contracts without there being a single point of attack/failure.

Again, it is hard to explain in simple layman’s terms to someone who doesn’t conceptualize the issue that Link is being made to address.

>> No.9952627
File: 218 KB, 1426x656, 1.png [View same] [iqdb] [saucenao] [google]
9952627

>>9952464

>> No.9952630

>>9952590
Thanks, that's what i tought. It just gets data from BTC chain and ETH chain. Makes it into a new contract and executes the contract. Basically GET, parse json, GET, parse json, POST to new contract. I fail to see why anyone would need data from multiple chains though, while they can just do the GET's themselves.

>> No.9952639

>>9952619
Ok, thanks makes sense, will google

>> No.9952641

>>9952630
Exactly right. Now you can go buy Tron and be happy.

>> No.9952650
File: 60 KB, 700x500, 1512225800872.jpg [View same] [iqdb] [saucenao] [google]
9952650

>>9952602

>> No.9952657

>>9952630
Data is sent via SGX enclave which then talks to a link node.

>> No.9952664

>>9952641
why tron?

>> No.9952676

>>9952630
Think of data sources not already onchain. Like API data, banking data, markets, weather, etc.

>> No.9952678

>>9951127
actually you should buy it all and cause the singularity to happen yourself.

>> No.9952689

>>9950980
>36% interest
never gonna make it. what kind of "loan" is that anyway

>> No.9952696

if you have the balls to do this (and don’t fuck it up and lose it somewhere along the line, use a ledger + hidden passphrase pls) you will be as a living god within 5y

>> No.9952723

>>9952630
No its real world data. If you wanna write a bet like who wins the world cup into a smart contract, how does the decentralized computer know which team wins? Link solves that by providing the information and proving it through consensus

>> No.9952738

If anyone is skeptical just tell them to invest in Intel. Intel will be the de facto for securely making encryption chips.

>> No.9952745

>>9952602
https://www.removeddit.com/r/ethereum/comments/8rxtcu/fizzyaxa_smart_contract_finally_shared_with_the/?utm_source=amp&utm_medium=comment_list
Looks like they think this shitcoin is pointless.

>> No.9952757

>>9952582
Can some one explain why all those questions about link were deleted?

>> No.9952760

>>9952745
Unless (((they))) told him to shut up.

>> No.9952762

>>9950980
im supposed to tell you not to do this
but winners with balls deserve the glory
DOIT
O
I
T

>> No.9952763

>>9950980
all the loan offers say i cant play the lottery with it or buy securities or stocks and stuff

>> No.9952792

>>9950980
If you are already asking if you should then you have great confidence in the project. I know a few people who took out loans and bought crypto. They cashed out near the peak and turned 10k into 300k. Just hedge a little so it's not a complete loss if chainlink fails(it wont) so 30k Link 10k ETH 10kBTC. The hard part is when on your 5 year timeline to cash out and repay the debt in full. If you have the income to support the loan use that to your great advantage.

>> No.9952816

>>9952760
>I am Laurent Benichou,the project leader of fizzy and i can confirm we never tried chainlink with fizzy so far. it does not mean we will never use it. we may want to try it. i don’t know. the decision is just not made.
Sure. More like they had no idea this meme even existed.

>> No.9952865
File: 470 KB, 2436x1070, AB438141-6AB0-4B66-97F0-5385E574CA90.jpg [View same] [iqdb] [saucenao] [google]
9952865

>>9952816
How could they try it when it’s not even developed yet? Also it will be Swift selling the PoC to them. Not sergey. Swift wants to be the one handling payments for insurance companies. Look at evercontract.

>> No.9953076

>>9952816
Ugh someone must have violated an NDA every comment about fizzy responding about Chainlink has been deleted.

https://www.reddit.com/r/ethereum/comments/8rxtcu/fizzyaxa_smart_contract_finally_shared_with_the/e0vnlh2/

>> No.9953094

>>9952630
It’s not getting data from chains it’s getting data from off chain api and bringing them into the chain smart contracts

>> No.9953106

>>9950980
Yes all in

>> No.9953107

>>9953076
anyone have screencap?

>> No.9953139

>>9953094
Kinda, it’s going to a SGX, the encrypted data is stored on the Blockchain. Or else everyone could see it.

>> No.9953155

>>9953107
Read the thread Christ.

>> No.9953225

>>9951004

OP I 100% absolutely think you should.

If you buy in right now LINK is only at 20 cents, and you wouldn't already be considering this if you didn't understand what LINK is.

Don't you think at the absolute minimum LINK will return to 40 cents by the end of the year? Even if the mainnet isn't out? By the end of the year Bitcoin should rise, which will also bring up LINK. At that point you could just cash out half the LINK pay off the loan in full and still have over 100k in free LINK. And that was the worst case scenario. Best case scenario is mainnet comes out around september, and LINK rockets into oblivion.

As long as you can afford the minimum monthly payments on the loan until end of year, what's the big deal?

>> No.9953238

>>9952539
Why?

>> No.9953252

>>9950980
LARP