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/biz/ - Business & Finance


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10867688 No.10867688 [Reply] [Original]

we see a lot of thread about muh 1000$ EOY and how it's gonna pump past eth and btc. but just have a reasonable discussion about link.

regarding token economics:
the crypto's with the biggest marketcaps are almost all pure currencies like btc/xrp/bch/ltc or dapp platforms like eth/eos/neo. so we can conclude that you need a big potential user pool to have a big marketcap. if your coin is too specific it's not gonna be a top 10 coin. since link can be used for all kinds of data requests and can be used on different blockchains (eth,btc,hyperledger) it has a reasonably big potential user pool. also the fact that link can be used as collateral for the insurance that correct data is provided is gonna make the demand of the token high if link is gonna be used for bonds and other financial products.

concerning scaling:
link is currently running on the ethereum network. ethereum is planning on scaling by going proof of stake and sharding and plasma. there is no date known when these functions are gonna be implemented, but it can be expected that this is gonna happen within a year. one of the reasons why chainlink is not really gonna need scaling soon is that it is not gonna need the tokens to be sent for payments on the ethereum network it's just gonna do a rebalance of the tokens every few minutes. so it's not gonna need a lot of transactions on the ethereum network.

concerning partners:
the already confirmed partners are: openlaw, accordproject, zepplinOS and marketprotocol. this means they are working with already established big law firms and tech companies like IBM. they are also working together with swift for a long time. but there isn't many info provided by swift on the importance/substance of this partnership.

>> No.10867695

>>10867688
Nuce fud

>> No.10867720
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10867720

Had my injection today and am feeling even more emotionally insecure than usual. Can someone list off some reasons why they like trans girls? I just want to feel like I might be able to be loved some day..

>> No.10867759

so what i'm hoping for: more conformations of partnerships. and in the long run direct partnerships with companies outside of crypto. more marketing ( there are only 7 tweets, 1400 telegram members, and 9 medium articles).

>> No.10867778

What are you trying to discuss, OP? Why do Linkies feel the need to make endless repeat posts daily? Why can’t you wait for news, discuss the news, then fucking wait for more news? No one knows what the price is going to be or whether or not it fails. No matter how many posts you make, no one knows the future and no one has the ability to accurately speculate what the price of Link should be. It’s similar to asking how much a time machine in the year 2500 that can go 1000 years forward or backward in time would cost. There’s no precedent, no one knows what level of use it will have, etc. Why is this so hard for people to accept?

>> No.10867806

>>10867720

What injection did you have, i noticed you post the same thing in different threads.

>> No.10867852

>>10867778
there is almost nothing known about time machines or if they can even work. with link you can discuss process on the pivotal and small breadcrumbs. the reason /biz has discovered so many breadcrumbs is why i went all in on link. so i just like to find new breadcrumbs. this almost happens weekly

>> No.10867924

>>10867852
I don't think almost any of the 'breadcrumbs' will turn out to be real connections as of now. I do think that biz has likely predicted the future, though.

>> No.10867944

From anon in another thread

>>10866775
>LINK WILL CHANGE BUSINESS AT THE DNA LEVEL:
>https://www.reddit.com/r/LINKTrader/comments/7ve3kb/my_research_on_the_bletchley_cryplets_and_why_i/
>Basically Jonny, founder of Linkpool.io, provides a great deal of evidence that Microsoft Cryplets is an SDK which uses Chainlink. If all the evidence wasn't enough here is a video of Sergey stating that he is helping create Cryplets. https://youtu.be/ytv8U0bejPA?t=46m2s [Open]
>Ok. Here we have proof Sergey and team has helped create Cryplets and the damning evidence of cryplets utilizing the Chainlink network. Now, here is the newer stuff. Microsoft has another name for cryplets, Enterprise Smart Contracts.
>https://github.com/Azure/azure-blockchain-projects
>Here you can see the readme states - enterprise smart contracts (a.k.a. cryptlets) Coming soon, ESC Test Drive and cryptlet sdk preview...Now realize they are going to open source their code but have not made any new progress publicly for months. Marley Gray is the main contributor and Principle architect for project Bletchley at Microsoft. He has shared a meetup with Sergey in the past. He recently was interviewed in January found here.
>https://www.watchfintechtv.com/video/blockchain-business-disruptor-or-opportunity
>listen from 5:00 min on, he is basically selling Chainlink. I would pull some quotes but hopefully some of you can pull the interesting stuff.
>Now an even better interview from last month can be found here -
>https://www.softwaredaily.com/post/5abcc791b23a5d0004b339b7?platform=hootsuite
>with a rough transcript here - https://softwareengineeringdaily.com/wp-content/uploads/2018/03/SED550-Enterprise-Blockchains.pdf

>> No.10867972

>>10867852
The “breadcrumbs” are mostly bull shit. If you want to find something to relate two things together, if you try hard enough, you can. This doesn’t mean any of it is related. This is the major issue with Linkies.

>> No.10867974

>>10867688
All link threads are rational my man

>> No.10868039

>>10867944
thanks for this anon

>> No.10868063

>>10867972
when there are so many some will be true. where there is smoke there is fire.

>> No.10868101

>>10867944
Only problem is that Microsoft Azure isn’t using ChainLink. I know you’ll call this fud, but I was at Consensus this year, saw every Microsoft presentation and spoke with several devs: no one interested in or had even heard of ChainLink. I was holding 250k Link, sold 200k at 60 cents because of that solely. Since then, I find it very difficult to take the “connections” made here seriously.

>> No.10868159

I wonder how regulations will affect this, is earning LINK considered generating income? What if your node gives service to "forbidden" contracts? That will take a while in any case.

>> No.10868185

>>10868101
Enlighten us all on what they are using then, fren.

>> No.10868280

>>10868185
Every dev with whom I spoke said they make their own oracles. I asked “what about that presenting a single point of attack/centralization where the data being input could be altered to affect the whole application/contract” and they either looked at me like I was asking a weird question, or implied that the data being input was from enterprises and therefore provided directly from existing, largely used, verified sources

>> No.10868315

Someone needs to look at the connection between Sergey & Steve Easterbrook