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14431037 No.14431037 [Reply] [Original]

It's obvious now that reddit is aware that chainlink isn't just a meme with the coinbase listing. We're no longer in stealth mode, we are now in shill or chill mode. Redditors are buying, albeit in increments due to skepticism. HOWEVER, they are completely unaware that $1000 at some point in the near-future is actually very much possible, so we're gonna need a linkmarine who is extremely knowledgable in chainlink to post on reddit. This in turn will raise their confidence in the project and shill it to other redditors and normies alike. Imagine a well-written, well-organized, comprehensive EXPLANATION on what chainlink is capable of, all while accumulating more upvotes than that chinkcoin vechain redditors get so wet over

>> No.14431116

The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

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.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

>> No.14431137

This is a good info post on Chainlink to shill on reddit:

>This is probably the best way I can explain it.
Bitcoin is kind of like a tree, right? It has rings and stuff which can't be changed and you can open it up and look at the history and agree where all the rings are. And ethereum is kind of like the leaves. They're scattered around the branches off of the tree and have veins and shit on them for writing things on. But when you write on one, it copies over to all the other leaves. Which is good because if you look at 1 leaf you'll know that it is legit if it says the same things as the rest of the leaves.
So this is where Chainlink comes in. Chainlink is like a nigger jerking off on to the soil at the base of the tree. His cum is kind of like the external data which your bitcoin tree feeds to the ethereum leaves. So basically feeds the tree with stuff that it needs to give to the leaves which are asking for nutrients and stuff. Hope this helps.

>> No.14431155

>>14431116
That's good but make sure to throw in some more of that emotional appeal redditors love that

>> No.14431165

>>14431037
Link doesn't need normies to pump our bags, it only need Banks and large Corps which it already has. so stfu about shilling link, it's not needed.

>> No.14431170

fuck off, its not the time right now

>> No.14431186
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14431186

>>14431037
>HOWEVER, they are completely unaware that $1000 at some point in the near-future is actually very much possible.
You know that a major part of r/cc is browsing /biz/, right?

>> No.14431201

redditors know it's not a meme by now, coinbase is the npc code injection they were waiting for.
it'll just keep climbing to 1000$ by now

>> No.14431241

>>14431116
That's all debunked bullshit, though. There's no incentive for anyone with real world money and real world assets to adopt this system run by a literal who.

The status quo has and always be the safest bet.

>> No.14431243

honestly...we should hold off and let industry accumulate and keep reddit in the dark awhile longer.

>> No.14431316

Reddit is not ready at this time, maybe maybe after 10$

>> No.14431329

>>14431116
To be honest, that needs some work. It’s has decent info about chainlink, but it’s pretty dry and boring. Your explanation doesn’t do a good job of leading the reader’s mind towards imagining the possibilities that chainlink will enable. You gotta lay out the puzzle pieces and let them put two and two together, it will make them understand much better

>> No.14431782

>>14431329
Exactly what I meant. More emotion

>> No.14431818

>>14431037
>$1000 is actually very much possible
absolute delusion

>> No.14431861

DO NOT SHILL ON REDDIT

All that's important is to not post FUD which would deter developers (many of whom are unfortunately redditors) and therefore institutional interest. Anything else is charity. Let them discover and learn about LINK organically, we owe them ZERO favors to help them get rich.

>> No.14431877

>>14431241
t. Horse carriage owner in 1914

>> No.14431910
File: 1.84 MB, 2000x2000, 1549527376203.png [View same] [iqdb] [saucenao] [google]
14431910

>>14431316
totally based

>> No.14431911

>>14431818
Knowledge enables one to become impervious to FUD. This is why you can never truly make wise value investments without knowledge to back them up. But once you have the knowledge, FUD becomes your best friend because if it's able to drive the price down of what you know is an asset with intrinsic value, below that intrinsic value, it allows you to buy the asset for less than it is worth. So FUD away, fellow anon, more power to you.

>> No.14431956

>>14431861
>trying to control the flow of FUD.

Give up, Jack. That is not in your control. If LINK is valuable and has the capabilities we think it does then it will be found and realized by those who are smart enough to see through the FUD, which there are plenty of. It's just time.

>> No.14432388

>>14431243
AHA I knew you 4chan racist's were tricking me all along AHAAHAHAA.

>> No.14432404

>>14431818
Yeah, 1k is absolute FUD.

81k by 5 years confirmed

>> No.14432445

This token is about to Bart.

>> No.14432454

It's gone too far. Stop this ridiculous meme campaign. Chainlink is Theranos x 10. People are going to lose their savings fro this scam.

>> No.14432493

>>14432454
Anyone who has read the white paper sees the writing on the wall. It’s a meme token.

It doesn’t solve any problems for businesses. No one is going to adopt it.

>> No.14432498

>>14432454
The only people left in this bear market went all in LINK and they're up tremendously while everything else is dead in the water.

>> No.14432516

>>14431137
That’s not so helpful bro. Thanks

>> No.14432522

>>14431037
I vote chill over shill. You don’t need to shill chainlink the money is in its commercial usage

>> No.14432579

>>14432498
It’s just biz readers.

>> No.14432614
File: 457 KB, 816x2820, REDDIT.jpg [View same] [iqdb] [saucenao] [google]
14432614

>> No.14432621

Anyone else getting Feb-March 2016 vibes when people started waking up to ETH?

>> No.14432654
File: 2 KB, 125x113, 1472525390156.jpg [View same] [iqdb] [saucenao] [google]
14432654

>>14432614
>r/4chanbiz

>> No.14432719

>>14431186
they don't, they afraid their eyes might accidentally witness the words NIGGER or CUNT and melt their tiny brains, so they avoid this place like the plague

>> No.14432755
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14432755

>>14432719
Don't forget KIKE. The redditor fears the Crypto Nazi.

>> No.14432757
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14432757

link has treated me well.
only thing keeping me alive tbdesu

>> No.14432802

>>14432654
just post the 0xbitcoin spam in there