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/biz/ - Business & Finance

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13435063 No.13435063 [Reply] [Original]

Is this coin any good????

>> No.13435072

NO
NOW FUCK OFF
SAGE

>> No.13435076

>>13435063
Fuck no. Don't do it, anon

>> No.13435081

>>13435063
Only if you like money. Otherwise buy some link

>> No.13435084

>>13435063
Have at least 133 of it in 6 years. Some very good devs think it's bitcoin 2.0, so it very well may become that.

>> No.13435101

It’s just bitcoin in 2020.
And is the next ETH in term of gain

>> No.13435195

which coin is more promising, nano or chainlink?

>> No.13435197

Yes, losers here have a vested interest of stinky old inefficient coins that need to be mined though, so they'll say it sucks. Any half wit that uses nano should be able to see that it'll replace bitcoin within a few years. If you don't buy nano you literally hate making money.

>> No.13435237

download natrium wallet, go to a nano faucet and see for yourself

>> No.13435302

>>13435063

Chainlink obviously


One LINK token will be worth close to $1000.

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

Now, there is infinite collateral available, because the token price can simply rise to meet it.

This means that the marketcap of LINK can go sky high. How high?

Consider this: the World Bank just issued a $1 million dollar bond on the blockchain.

What does this mean for LINK?

As of 2009, the size of the worldwide bond market (total debt outstanding) is estimated at $82.2 trillion, of which the size of the outstanding U.S. bond market debt was $31.2 trillion according to Bank for International Settlements (BIS).

There are 1 billion LINK tokens. (65% are not in circulation right now). There are 1 thousand billions in 1 trillion.

So, imagine if link captured 1% of the $82 trillion bond market. That would be $820,000,000,000 flowing through the network. If the value of all transactions = total value of collateral requested, and the amount of collateral needed = marketcap of LINK…

Then divide the mc by the number of tokens. What do you get?

Now this is only the derivative market. Chainlink will also be needed in Insurance, Sports betting, banking, escrow, pretty much every industry.

math Neets are welcomed.

>> No.13435315

>>13435063
One of the best.

>> No.13435514

>>13435063
It will flip BTC in the next bull run when BTC transaction fees goes up to about $200 and it takes 1 week to get a single confirmation.

>> No.13435663

>>13435514
wont people just buy eth or ltc to transfer faster?

>> No.13436092

Nano $1000 soon bois