Two more tidbits for chainlink investors

[Anonymous No.9339054]

Lots of fake info floating around right now and investors in link deserve a little break.
Here are two points i haven't seen discussed much here:
Post and call
Actual price action estimates

To be clear: this board has figured out about 30% of the overall "known" information about ChainLink but "gets" it far better than any other public source. Hats off to you for that.
Remember Assblaster? one think he said a few times but that hasn't really sunk in here is that this is a truly corporate project. This is true in every way. This is not even a corporate-friendly project, it is directed, driven and conceived to save corporations tons of money, make them rich and give them a near monopoly in the business of monetizing APIs. You really weren't supposed to be a part of this.
Look at the post and call function. Many here think they will be able to get an external data feed that they do not generate and "farm" this using LINK for passive income. This is exactly not true. Link was very careful to include a game theory (I think that's the field) driven mechanism of preventing this and making sure that the data generator (read big company, bank, etc.) was the only one who would get rich off their data. They do this through the intrinsic function of post and call.
If you have multiple parties looking to get paid for supplying the same information and you want to prevent "copying" you use post and call. What that means is that every party writes down their answer and then at a later time they are all revealed at once, that way nobody can "copy." Chainlink explicitly includes this to create a data cartel that benefits established data providers.
What does that mean for you as an investor?
(cont'd)

[Anonymous No.9339156]

>>9339054
>Post and call
You mean transfer and call and it has nothing to do with what you're saying
https://github.com/ethereum/EIPs/issues/677
4/10 fud

[Anonymous No.9339181]

>>9339054
>What does that mean for you as an investor?
it means the link token is worthless, and why the price has only ever moved downwards since its ath

[Anonymous No.9339193]

1000 eoy MANIACS

[Anonymous No.9339203]

Where is the second post? You're posting as you write it?

[Anonymous No.9339221]

>>9339054
It means all the posts fantasizing about living like a king off a data feed that isn't yours and passive income are unrealistic. That's not good, but what is good is that the project has the full interest of every establishment player behind it. What is going to kill nearly all crypto is incompatability with regulation in the real world. How is a project built from the ground up to be a corporate friendly entity which will preserve existing corporate revenue streams going to be treated? Very, very well. If you are a pure investor this is indeed getting "keys to a network that will eventually be too expensive for all but large and medium sized businesses to access."
This leads into the other topic: price estimates. The reason bitcoin will eventually die but ethereum won't is that ethereum has a lasting use case. XLM can do everything bitcoin can, faster and for less money. If ethererum actually achieves what it set out to do, it will save a truly unbelieveable amount of money for business. Long term, it will move like a stock, with experienced investors and slow, steady growth.
So who is investing in Chainlink? Those same wealthy, patient investors and a small amount of new-rich crypto millionaires. What that means is that you should expect the price to move slower and with less volatility than for nearly any other crypto asset, because people are what determine the price (and the new rich inexperienced investors aren't interested enough in it to make big moves). Will it "moon"? absolutely, but moon like a wildly successful stock ("I'm up 80% in the last 3 months!), not like a crypto ("50x or KMS!>?!?!?!?!?!).
Ironically this is how most of you are going to stay poor. Many have complained that they're missing moon missions because of Link's slow price movement. This is true, and this is how "whales" are going to shake out everyone who is impatient from what may be the best 3-5 year investment opportunity I've ever seen. You may get a "singularity"

[Anonymous No.9339275]

"If i type a lot of words no one will see that I'm really not saying anything at all and I fundamentally don't understand what I'm talking about."
I'm noticing fuds getting longer, but the quality is way down. Quality>quantity dude

[Anonymous No.9339287]

LINK is moving passively with BTC/ETH paring because there's no hype and no mainnet yet, not because of your convoluted explanation.

[Anonymous No.9339330]

what does the "singularity" mean?

[Anonymous No.9339333]

>>9339287

This. Volume is down from what it has been, so the price sags/trades sideways. Any time volume comes back, the price spikes and then drags again when it subsides.

Once hype kicks in this rocket is going to make Trons look like a little blip.

[Anonymous No.9339356]

>>9339221
(cont'd) but it will be small, early and driven by baby money. The real upside of Chainlink is the endgame: Chainlink is what the truly big sharks are going to use to eat mere whales.
If you have a network that requires Link and that saves even 10% of business costs, you CANT EVEN STAY IN BUSINESS unless you're in. Corporate profit margins are thin, that's why cost savings are so sought after. The real explosion, my guess, will be in 2020 after early adopter business start seeing real cost savings using the network THEY BUILT. If you were a business and you had a thing that gave you a huge competitive advantage over your peers, how much would you charge them to get in?
Price is always supply and demand, and when that happens there will be a small amount of supply and a HUGE amount of totally inelastic demand.
Like I said, i do know more about the project than is posted here. I can't post any of it and I'm not going to timestamp anything. You shouldn't take this post as anything other than a reasonable viewpoint. That said, here are realistic price predictions (with 90% CI's based on my own data) so that you can make an informed decision on whether you want to try to get crypto rich fast or just ride the link train to slow riches:

EOY2018 1.5 (0.5-8)
EOY2019 3.5 (1-45)
EOY2020 15 (5-700)
EOY2024 1500 (75-45000)

[Anonymous No.9339369]

>>9339333

[Anonymous No.9339381]

>>9339156
This is not what I'm referring to, I'm referring to statements Sergey has made when talking about this specific problem, especially as it relates to customer needs/SGX

[Anonymous No.9339390]

>>9339356
>Those estimates

Anon, just stfu and hold LINK & wait for mainnet like the rest of /biz.

[Anonymous No.9339405]

>>9339381
>I'm referring to statements Sergey has made when talking about this specific problem,
Stop talking out of your ass

[Anonymous No.9339444]

>>9339356
A final thought for anyone who cares to hear:
In very high net worth investing, there is basically one formula that gets used over and over to generate the really big fortunes (9 figures and above):
Take young entrepreneur team (young in investing is anyone under 45) with good idea and have established players vet the regulatory/business side. Then partner the two and have the old guys keep the young guys out of the reeds while the young guys provide the insane amount of work needed to get things done.
The people who always end up rich are the old guys and its for one reason: the have patience and discipline. The number one thing that will determine how much money you make investing is your ability to find out about good projects early AND to sit there holding them while they progress. Use that how you will.

[Anonymous No.9339470]

>>9339390
stop hyping up mainnet like it's gonna make more than a 5 -10 percent move before falling

Did you not see what happened to REQ?
NOTHING

Yall tripping

[Anonymous No.9339504]

>>9339221
>bitcoin will eventually die
Stopped right there. You’re an idiot if you think the most secure blockchain in the world will just die because it’s not as sexy and exciting as all the bullshit people have been flinging lately

[Anonymous No.9339519]

>>9339405
Chainlink whitepaper pgs 34-38

[Anonymous No.9339542]

>>9339504
Cope

[Anonymous No.9339585]

>>9339504
It will die because technology based assets always approach their real world value savings over time in an asymptotic fashion.
There was a time where transferring $1mm in 40 minutes for $2 on a blockchain was impressive, now it is not.
The above applies rigidly to technology assets, somewhat to business assets and somewhat inversely to collectible assets.

[Anonymous No.9339589]

this has to be the worst LINK thread so far this year. if youre going to larp, at least say something interesting or, at worst, true.

[Anonymous No.9339636]

>>9339470
>REQ let's you buy crypto with fiat on their platform
>Much revolutionary

Nobody gives a fuck. This project is not a scam but it's not a game changer like LINK.

[Anonymous No.9339646]

>>9339589
All of what I have said is true.
If you doubt me, "screencap this" and recheck it in 1-2 years.

[Anonymous No.9339684]

Why does sergay own 65% of the supply? How do you justify that?

[Anonymous No.9339692]

Someone prove him wrong about not being able to compete in node environment

[Anonymous No.9339695]

>>9339356
Hey bro, what are the numbers in parenthesis?

[Anonymous No.9339717]

>>9339636
>what every person tells them self holding a bag
that coin is shit but MY coin will do this
fuck off
5-10% as i said, cap this right now you faggot

>>9339684
So he can sell it for 75% off to large buyers / corporations making our measly 1k ,5k ,10k absolutely nothing in the grand scheme of Link

[Anonymous No.9339735]

>>9339684
Remember that this is a corporate project.
Sergey doesn't have that SWIFT, AXA etc. have that supply.
I would guess (I do not have information on this) that when the network starts saving those groups money, they will sell to their competition at a price just low enough that it doesn't put them out of business.
Better to cut the legs off your rival and keep him than to kill him and spawn a younger, healthier competition.
50 California St aint cheap "brah"...

[Anonymous No.9339751]

>>9339692
I will be happy to provide you with the most logical counterargument to that statement if you would like (even though it will be mostly wrong).

[Anonymous No.9339766]

The thought ChainLink failing makes me feel bad.

[Anonymous No.9339780]

>>9339695
Those are 90% confidence intervals for the estimates, based on valuation estimates of other tech companies for which I have historic data.

[Anonymous No.9339815]

>>9339766
You should not fear chainlink failing
That is unlikely
You should fear yourself failing by impatience
Becoming a "trader"
And spending the rest of your life as a joke to people like me
As all traders are

Also, if those truly are your crypto holdings you have made some good decisions. Sit on your hands for the next 3 years and then retire rich.

[Anonymous No.9339822]

>>9339780
Can’t wait for that $45,000 Link

[Anonymous No.9339931]

If this really is a project as corporately conceived as you say, there's literally no way it's not going to multibillions market cap once that gets out to the public and there's nothing they can do about it. It was already at $1.4 dollar with zero hype and literally only biz knowing about it.

If chainlink is what you say it is your 2018 estimate is way too conservative.

[Anonymous No.9339954]

Give us some joocy deets that aren’t public, or at least a hint you roody poo

[Anonymous No.9339969]

>>9339695
Lower and upper limits given the confidence intervals (CI's) (Most likely 95% chance that the link token value will fall between those values).

[Anonymous No.9339988]

>>9339931
though the ranges on the rest of them are reasonable, if silly considering what marketcap they would represent and what things like Tron have at the present. If people are upset hearing it could be $8 eoy 2018, they are children.

[Anonymous No.9340005]

>>9339815
I actually agree with what you're saying it makes a lot of sense. Cheers to you and here's to 3 years down the road.

[Anonymous No.9340006]

>>9339931
You may be right, for that reason the 90% CI is right skewed pretty far.
That said, everyone (and I mean everyone) falls into the trap of overestimating short term volatility and underestimating long term impacts.
There's a reason that's maybe the most frequently used rule of thumb in tech investing.

[Anonymous No.9340044]

>>9339954
It is a total cop out but I would if I could.
The potential downside for me to give away anything directly here is very large, even though it would feel good to get the ego boost.
The best I can do is basically this:
All the stuff I know that isn't here is essentially confirmatory. It would change very little to none in how I would invest in the project, it just makes more confident in my investment.

[Anonymous No.9340092]

>>9339751
Please do. I plan on running a node so this is discouraging.

If they dont know which Oracle provided their data . How could we be outcompeted

[Anonymous No.9340125]

>>9339735
ICO makes any sense if this were an actual corporate project.

[Anonymous No.9340158]

>>9339751
Also it wouldn't make any sense neither that the Chainlink team itself has encouraged the community to run nodes. I was interested at first, but you are full of bullshit

[Anonymous No.9340170]

>>9339054
Rory has already said that biz has helped find projects which may end up using CL.

This means that it isn't just a corporate project and how I know you are Larping.

I was going to say "good try though" but it really wasn't.

[Anonymous No.9340175]

>>9339815
suck a dick bag holder
While you sit there reading 4chan biz threads all day holding with NO price action

I'm swing trading all 5 of my coins, and adding to their stack

You just suck at trading , admit it. You sell at the wrong time. It starts pumping a little, you panic and fomo in
It immediately starts selling off a little , then you sell for a loss

[Anonymous No.9340280]

>>9340175
The way you felt that you needed to stress the most basic aspects of trading shows me you're a brainlet, on drugs, or pajeet

[Anonymous No.9340293]

>>9339054
>If you have multiple parties looking to get paid for supplying the same information and you want to prevent "copying" you use post and call. What that means is that every party writes down their answer and then at a later time they are all revealed at once, that way nobody can "copy."

This is to prevent a malicious node operator from just having one node retrieve the data and the rest copying, so it seems decentralized but in reality it's just hundreds of nodes mirroring the one that actually has a real result. This has literally nothing to do with preventing node operators from making money off of API data.

[Anonymous No.9340342]

>>9340092
The most logical counterargument is simple:
This is an open source project that easily meshes with an open source blockchain (eth). So literally any data feed, even one you could rent or generate yourself would have potential value and be monetizable. So some data (bond rates, stock prices etc.) will be proprietary but most can be used for whatever a company wants.

This is incorrect because the value of data in this instance is its frequency of use and how critical it is that the data is accurate. The most profitable data streams (which would execute high value contracts and be highly reliable) will indeed be cash cows, but they will be tightly guarded by their originators. One silver lining: everyone isn't making billion dollar deals. Providing niche second hand data will always have value, but it won't get you a megayacht.

[Anonymous No.9340363]

>>9340170
If you were a corporate entity and had built a hugely profitable network that you basically owned, would you want more people to use it and make you richer?

[Anonymous No.9340377]

>>9339684
nice fud

[Anonymous No.9340389]

>>9340175
This is an excellent example of the phenotype of a trader.
I always hear about how much money they're making. They're very vocal about it. But somehow they never end up rich.
It's the funniest thing.

[Anonymous No.9340397]

>>9340175
He's saying that instead of doing that shit, spend time on developing an original Idea, and you will be a 9 figure boy.

But your omg I HIT MILLION brain can't comprehend.

Thanks for the based viewpoints OP.

[Anonymous No.9340404]

>>9340342
what would you like to say about the probability of facebook using chainlink?

[Anonymous No.9340441]

>>9340175
Wow such a loser, trying to flex in a thai ladyboy appreciation site. Lmao

[Anonymous No.9340445]

>>9339054
Good stuff

[Anonymous No.9340504]

>>9340280
You got one of those right, i won't tell you which

[Anonymous No.9340521]

>>9340404
Social media and anything "cool" is way out of what I know.
I would guess that if Facebook tried to integrate blockchain, I would view it as a desperate attempt to co-opt something "hot" to help with increasing bad press.
I would generally view that as a negative long term prognosticator. But again, I am the opposite of cool and don't claim to have the slightest idea about valuing social media companies.

[Anonymous No.9340573]

>>9339054
Op, I'm not saying you're a larper. But one of the largest investors and holders of the link token expects a $20 dollar per token long term. What makes you think you would know the price better than them?, when they have insider info and are the 4th largest holder of the link token.

If you can't name the company I'm talking about (which is public info) i have no doubt you're a larper.

[Anonymous No.9340583]

>>9340521
Out of interest, what is your background anon. What did you study as a degree and what type of function do you have, just a broad description.

And thanks again.

[Anonymous No.9340603]

>>9340521
fair enough. do you expect link/usd on any exchanges before mainnet launches?

[Anonymous No.9340703]

>>9339822
To be fair, that is based on >70% market penetration for the use of smart contracts in feasible use cases in B2B and assuming ChainLink is the oracle provider for 70% of those smartcontracts.
But dreamin aint bad...and sometimes you're right.

[Anonymous No.9340786]

>>9340573
>Op, I'm not saying you're a larper.
he is a larper. for some reason CL threads attract them like flies are attracted to shit.

[Anonymous No.9340812]

>>9340573
I'm not sure I even understand what I'm LARPing as. I'm an investor who has conducted research. Some of that research contains information that isn't on Biz, other than that I'm not claiming anything. If that other, larger, better informed investor thinks $20 is a more realistic price target, then they're probably more likely to be correct than me.

[Anonymous No.9340813]

>>9340342
You do know Smartcontracts will reimburse node operators in links for providing external data right ?

[Anonymous No.9340822]

>>9340342
who are you OP?

[Anonymous No.9340858]

>>9340786
Who knows if he's a larper. I'm just open for some interesting discussion.

[Anonymous No.9340882]

>>9340583
I've been called by my friends the "most average rich guy there is"
In general rich guys follow this path:
Education in something hard (generally business or hard science), early career in that thing, make money, learn to invest, make more money, semi-retire and focus almost entirely on investing (because the money from time spent in that dwarfs any other non-self-directed use of time).

That describes me perfectly.

[Anonymous No.9340891]

OP what are your holdings?

[Anonymous No.9340899]

>>9340603
I have no idea and no information on this outside of what is posted here. Some other anons may know more though?

[Anonymous No.9340915]

>>9340813
Do you mean the ChainLink network will do this?

[Anonymous No.9340934]

>>9340822
See a couple posts down.

[Anonymous No.9340946]

>>9340573
What's his basis for $20?

[Anonymous No.9340969]

>>9340882
can you go in a little more detail? i find myself very similar to the position that you may have been in before, early career in biz, stashing away savings year after year and made a nice profit from crypto and want to leverage that in more safer investments, but have a nice holding in link too for the long term and would like to make investing my main source of income (key here not trading) but fundamental investing.

[Anonymous No.9340971]

so OP are you saying that stakeholding non-corporate catered coins would be better than LINK? ie OMG or VEN

[Anonymous No.9340978]

>>9340891
I have three tiers:
- Index funds
- Stocks in the field I understand best/have connections
- Crypto: Eth, Link and tiny investments in a few fun longshots

I take profits from each rung and move them to the next rung up. Every so often I sell some index funds when I want/need money.

[Anonymous No.9340981]

>>9340882
Other times, rich guys study something bullshitty like philosophy, get millions in funding from suckers at the height of a bubble, and eat for free at McDonalds for the rest of their life.

To each rich man his own

[Anonymous No.9340990]

>>9340812
they don't understand what larping is. if you're not outside at a park with a sword and cardboard shield you're not live action role playing. you're not even role playing, you're just some anon speculating and giving advice; that's not a role nor is it role playing.

[Anonymous No.9341035]

>>9340969
See two posts down.
Also:
Generally I've heard that once your holdings become 2-3x your annual salary it's more important for you to spend time optimizing your investments and minimizing your tax burden than it is to work on improving your skill set to get more job money.
I've also heard that after 25x annual expenses or a 4% sustainable withdraw rate you can consider semi-retiring.
Both have been true for me.

[Anonymous No.9341038]

>>9340812
Thank you for replying OP.

>Like I said, i do know more about the project than is posted here. I can't post any of it and I'm not going to timestamp anything.

Why can't you post any of the info that you supposedly know and biz don't? To me that would imply that you're an insider and posting that info would put in danger your career, that could be seen as larping.

[Anonymous No.9341058]

>>9340978
this is a good investment strategy. when did you realize the key to investing and wealth long term is to understand the power of compounding returns? was it something that struck you working in the corporate world hours upon hours that time would be better spent researching for yourself instead of renting your time out?

[Anonymous No.9341078]

>>9341035
thanks I really appreciate it. this makes a lot of sense.

[Anonymous No.9341103]

>>9341038
Let's say you and I were friends and we both researched investment ideas together. One day we found a really good one and put in a lot of time making sure it was really good. We promised to keep our findings between the two of us so we could both benefit.

Then one day I saw that you had taken my work and posted it to a public anonymous image board. How would I feel?

[Anonymous No.9341124]

>>9340915
Sergei said if you pay for data you will be reimbursed in link, by Smartcontracts, and that they have links for this. That's not counting the link you get as rewards.

[Anonymous No.9341155]

>>9341058
I generally do the same thing for most things in life:
1. decide if that thing is important or not
2. if its important, read as much as i can about it
3. try it out, if the book stuff works, great, if not keep asking around/learning/trying until i get it

I basically did that with investing because I thought it was important.

[Anonymous No.9341160]

>>9340946
Hi, it's a company not an individual. However $20 per token does not mean that's the maximum price it can get.
Companies like that have goals that have to be reached, even if they have to let go after their investment reaches 40x instead of the potential 10,000x.

Companies are not speculators and have goals.

I believe link has the potential to reach op's prices within his CL's. However i don't know if he's larping or not.

[Anonymous No.9341177]

>>9341078
No problem happy to.

[Anonymous No.9341193]

>>9341103
one more question. kind of directly related to this one...is there something that we need to maybe pay more attention to in terms of corporate developments as time goes on for chainlink? we saw a lot of ties with Tom Gonser/Salesforce/Mulesoft last month at SXSW and know Sergey is well connected in the VC space, but this is mostly speculation right now and don't know for sure. We also haven't heard any newer development with regards to the SWIFT smart oracles. I'm trying to figure out if there is somewhere to look more indepth to get confirmation that this speculation is true.

[Anonymous No.9341211]

>>9341124
That does not sound correct as I understand it.
I believe oracle-derived data is paid for by the requesting party as part of the smartcontract. That payment (ar at least a large part) is paid in link and goes to the node supplying the data.

[Anonymous No.9341245]

>>9341038
>Why can't you post any of the info that you supposedly know and biz don't?
for the last time: BECAUSE HE'S A FUCKING LARPer!!!!!

asking a LARPer for anything concrete is utteryly futile. what's so hard to understand???

[Anonymous No.9341263]

>>9341103
So you are either Jason Parser or Chad O'Fork.

[Anonymous No.9341267]

>>9341035
how do you protect yourself from market crashes? own any precious metals?

[Anonymous No.9341284]

>>9341103
So... You're Assblaster's investment buddy? Did you really feel hurt when he started sharing your findings with us?

[Anonymous No.9341289]

>>9341193
I think all of this has already been posted on biz but: the swift implementation will likely be one of the last with full use maybe in 2020 due to the slowness of banks/the financial world.
I think that use case will be huge, but it won't be online before a large number of private enterprises are using/developing the network for their own ends.

[Anonymous No.9341305]

>>9339054
OP do you think you could post the price calculation with a 95% confidence interval?
I do not know where you got the data but it would be interesting to know how much increasing 5% the CI's would close the price boundaries.

[Anonymous No.9341310]

>>9339054
This makes a lot of sense. I re-read Assblaster's first thread the other day, and it struck me that even though he was most definitely not larping (retards will disagree) and gave many of us our first indication of the scope and corporate nature of this project, he, as a product of 4chan, fell victim to the habit of overestimating price movements, by a lot.

This should give a sense of relief to all of us who plan on continually stacking LINK until the market dynamics that OP described kick into effect.

Smart anons will walk away filthy rich from this if we're patient.

[Anonymous No.9341319]

>>9341284
I honestly don't even know if AB was who he said he was. He did say a number of things that would be consistent with him being who he said he is.

[Anonymous No.9341342]

>>9341310
but it begs the question, why accumulate and wait 6 years when other people are going on moon missions and achieving their goals in one year from riding microcap pumps?

[Anonymous No.9341349]

>>9341211
>oracle-derived data is paid for by the requesting party

Yes, but it is paid to the node operator in LINK, not to the API provider. And besides, banks will be required to provide free API data streams which the nodes will connect to and monetize.

In what way will the API providers be able to take the data monetization for themselves when they're obliged to give said data away for free?

[Anonymous No.9341364]

>>9341267
Without getting too deep, I try to spread my investments across potential future scenarios weighted on their probability. Most arguments for precious metals involve some degree of societal recession or collapse. For those scenarios I view simpler investments as more optimal (eg rifles, ammunition, non perishable food, toiletries etc.). For that reason I hold very little (less than 1%) of my portfolio in precious metals.

[Anonymous No.9341366]

>>9341245
You have to keep your mind open. You never know who is browsing these anonymous forums. Even if he's larping i like to discuss about chainlink because I'm a big fan of the project.

[Anonymous No.9341369]

>>9340342
Another silver lining is you can still be profitable on non proprietary data up until the point the proprietor party starts providing the data themselves. Combining this with OP's CI and timeframe, small node operators will still have at least a few very profitable years.

[Anonymous No.9341376]

>>9341342
because you can easily get burned on one of these pumps and lose a significant amount of your capital. the key is keeping your wealth and LINK has more potential of it being a sure thing that most microcap projects at this time. why gamble when you can just be patient.

[Anonymous No.9341383]

>>9341364
but how will you buy more rifles, ammo, non perishable food, and toiletries?

[Anonymous No.9341384]

>>9341319
That's... totally not what I asked. I like how you evade points you don't want to talk about tho

[Anonymous No.9341387]

>>9340812
OP stop discussing your background.
I already have a clue of who you might be and these faggots will do everything in their power to find your identity like they did to Assblaster.

[Anonymous No.9341398]

>>9341305
I could but honestly it would take me 30 minutes to open the file, do it and post here and I would rather enjoy my life with that time.
I would guess it wouldn't open them up enough to be interesting.

[Anonymous No.9341408]

>>9340293
This. This thread is quite an elaborate FUD. Look at the amount of /biz/tards who took the bait. Even if we assume what OP is saying is true, it's actually still not that bad. See my other post.

[Anonymous No.9341431]

>>9341369
This is a good point, especially because most businesses don't even understand what a smartcontract is much less a decentralized oracle network.

[Anonymous No.9341441]

>>9341408
I dont mind this kind of FUD though. its realistic and allows you to try and see if there are any holes in your investment strategy or plan. the one that is fucking retarded that i had are the ones that dont make sense (being over $1 etc)

[Anonymous No.9341462]

>>9341408
This thread is full of stock market bullshit. LMFAO. OP is a fucking faggot for TRYING to say the price will be a slow climb.

hahahaha. fucking pajeet. This is crypto, take your shit back to wall street.

LINK has seen an underlying bid most recently. Main net, announcement and this thing is gonna blow hard initially.

[Anonymous No.9341467]

>>9341349
You might be missing the point here. Banks can still be node operators and they can structure the APIs in a way that's publicly available, but to efficiently utilize the data the best way is to request through nodes operated by them. The open data directive has nothing against that.

[Anonymous No.9341468]

>>9341383
The hope is that my current supply would be adequate for any such scenario.
Sad but true: if you read the Eastern block diaries for what happens in true societal collapse, all that matters is force multipliers. Guns can get you food, supplies, gold, anything when there is no law.

[Anonymous No.9341482]

>>9341384
I don't know who AB is and have never even met anyone claiming to be him.

[Anonymous No.9341489]

>>9341211
It's in one of the videos. You can look it up. I think it was the interview with the old motivational speaker guy on youtube

[Anonymous No.9341506]

>>9341387
I do appreciate your concern. I can nearly guarantee you do not know me and that I am not who you think I am.

[Anonymous No.9341530]

>>9341462
If this is true I would be happy.
I have no reason to want any price action but up at this point.

[Anonymous No.9341534]

this thread is actually better than 90% of LINK threads where people just spam shit and not contribute any serious discussion

>but this is FUD!
>oh geez, so you're saying we discussed all the possible negative scenarios, the possible overestimation of price predictions, and in depth details of the node payout system and corporate governance for nothing?!

[Anonymous No.9341540]

>>9341506
Go back to delphi, pajeet

[Anonymous No.9341545]

>>9341467
This is a key point that has been overlooked by so many people on this project.
This was absolutely not by accident.

[Anonymous No.9341611]

>>9341530
How big is your link stack op? Come on don't be shy

[Anonymous No.9341623]

>>9341540
Thanks to all for a good talk, I'm going to go have a few drinks with friends.

I hope you all get rich, even the whiny bitches.

[Anonymous No.9341653]

>>9339585
Not happening mate, there are a lot of ways to write contracts and very good reasons why a core adapter on BTC isn't a waste. The one hint I give you is from the Chainlink whitepaper.

> Modularity for simple, flexible system design. We appreciate the philosophy of building small tools which do one thing well. Simple components can be easily reasoned about and thus securely combined into larger systems. We believe that modularity not only enables upgradable systems, but facilitates decentralization. Wherever key pieces of ChainLink depend on or are managed by too few parties, we will seek to design an ecosystem which allows for competing implementations to be used.

Some of the stuff BTC has going for itself can NEVER be copied.

[Anonymous No.9341661]

>>9340882
What longshots are you investing in?

[Anonymous No.9341721]

>>9341342
Keep 50% of your net crypto worth in LINK, use the rest for a mix of mid and low cap missions, continually sell half your profits for more LINK. Rinse and repeat.

[Anonymous No.9341737]

>>9341035
>Generally I've heard that once your holdings become 2-3x your annual salary
What kind of advice is this. It's retarded. I guess since I make 50k a year and my portfolio is now over $150k I should quit my job and focus on investing. This makes zero sense.

[Anonymous No.9341757]

>>9341193
>and know Sergey is well connected in the VC space, but this is mostly speculation right now and don't know for sure
This isn't speculation. Sergey worked for First Mark and we know specifically a lot of the project he worked on. He's well connected, philosophy major memes aside.

[Anonymous No.9341775]

Crypto exchanges and lack of liquidity will always make crypto extremely volatile.
Yes, when chainlink is worth 10k, it might become very stable.
Yes, when crypto is change through fiat pairings and nyse and everywhere, you won't see this movements.
that is not the time yet.

[Anonymous No.9341793]

>>9341611

M I L K I E S


So will I not be able to run a node? It's for businesses only?

[Anonymous No.9341798]

>>9341408
Yea the fact that he never responded to this proves he doesn't know what he's talking about, because it is true and a fact that Thomas has discussed. Unfortunately the average understanding of chainlink on this board is fairly low so nobody else is calling him out and the thread moved from that part of it to him giving out random shitty advice.

[Anonymous No.9341831]

>>9340377
check'd for dolphins

[Anonymous No.9341872]

>>9339585
You dont seem to understand blackchain and crypto
Stop talking out of your ass

[Anonymous No.9341916]

>>9341467
While that does make some sense, any tricks banks use to "stay ahead of the curve" can be easily copied by other operators on an open network.

Honestly the best FUD right now is that SWIFT will use centralized oracles based on chainlink but using a closed interpretation/fork of the system (the chainlink website even says as much "partnered with SWIFT to provide them with their own link-based oracles" - emphasis on OWN)

Even if that's true though, the rest of the usecases are still very lucrative for the average node owner.

[Anonymous No.9341928]

>>9341737
He didn't say that. Jesus fucking christ can't you read? Re-read the sentence 10x, you duning kruger brainlet.

[Anonymous No.9341954]

>>9341928
>t. doesn't have 2 to 3 times his salary net worth

[Anonymous No.9342034]

>>9341928
he said u need to 25x before you even consider semi retiring. lol brainlets itt

[Anonymous No.9342089]

>>9341916
It's their OWN oracle because they own the data they are providing to the network. Does anyone else have access to swift / bank apis other than swift and the banks themselves?
I sure dont

[Anonymous No.9342099]

>>9339735
50 California St. Ste. 1500 is a Regus shared office facility. It ain't cheap, but quit making it out to bigger than it is. There are dozens of renters on that floor, from simple mailbox renters who just use the address and never set foot in there up to groups that actually rent offices. Which one do they have, Mr. Insider, a mailbox or do they actually rent a room?

[Anonymous No.9342127]

Damn nigga so this larper says LINK will only be $1.50 EOY? 3.5 EOY 2019?

The fuck man that seems kind of low. If LINK had ripples market cap it would be $40+ and Ripple is a shit token with no use

[Anonymous No.9342325]

Hey does anyone have the wallpaper with all the chainlink on the wall with the different blocks?

Also anyone have the Chainlink Vector? I lost a bunch of Chainlink folder moving hard drives

[Anonymous No.9342366]

>>9339815
excellent manipulation to make people hodl their bags
I smell a whale dump incoming, your posts are preparatory farts

[Anonymous No.9342413]

>>9339054
OP my two biggest holdings are LINK & REQ. Is REQ a meme? I can't tell anymore.

[Anonymous No.9342423]

>>9339356
OP IS BILL GATES

[Anonymous No.9342487]

>>9342413
>Is REQ a meme?
If by 'meme' in this context you mean a shittoken, yes.
The economics of req burning are insane, the token is very close to worthless.
The same is true of ripple btw. Exact same burning model. At least in ripple case they were always open (at least in the earlier days) that the only point of xrp is to work as antispam.
Equivalent function to pow in nano. Later on, well, they smelled money and shut up.

[Anonymous No.9342840]

Is this thread worth reading?

[Anonymous No.9342858]

>>9342840
Fuck no

[Anonymous No.9342892]

>>9342840
No. Now that you mention it I don't even know why I didn't close the tab sooner.

[Anonymous No.9342955]

>>9339815
So, with my 55k stack of link I should be good in 5-10 years?

I plan to wait that long.

[Anonymous No.9343070]

>>9340044
I was the anon that made the corelogic connection.

Was this guess correct?

[Anonymous No.9343141]

>>9339333
the prophets told of awesome digits that would come before the explosion in price

[Anonymous No.9343180]

thanks OP.

one thing I don’t understand though, is that if this class of informed investors have the same long term price outlook and timelines, what stops the price from converging towards a time and risk-discounted fraction of the future, potentially very large, price?

to me that would seem to imply a very heavy discount rate, and excellent opportunities available elsewhere to give that high opportunity cost.

[Anonymous No.9343545]

what a shit thread. fuck off OP you boomer

[Anonymous No.9344220]

>>9339470
Bruh. Req's real deal shit is just sitting at the station waiting in the link train to show up. God I hope the singularity comes so I can get a big fast Req stack before it takes off

[Anonymous No.9344390]

>>9339221
>The reason bitcoin will eventually die but ethereum won't is that ethereum has a lasting use case. XLM can do everything bitcoin can, faster and for less money.
Oof. You had a good first post, but yoh got greedy.
I rate this LARP (larping as someone who knows what theyre talking about) 6.5/10 and award it a grade of "Moderatly Stinky".

[Anonymous No.9344518]

>>9342099
>mark and jez

[Anonymous No.9345160]

>>9339969
Is $10 possible for link?

[Anonymous No.9345213]

>>9341623
Is ten dollar link possible ? If link hits $20 I'm out.

[Anonymous No.9345263]

>>9339333
digits of truth

[Anonymous No.9345322]

>>9345213
>>9345160
shut the fuck up loser

[Anonymous No.9346093]

>>9340389
LMAO ... hilarious. This has to be AB, same humorous tone. If it is, welcome back, I missed this shit.

[Anonymous No.9346183]

>>9346093
except assblaster actually sees and understands the value of bitcoin

[Anonymous No.9346198]

>>9342127
it's just a larp. link was $1.4 end of last year when it was literal vaporware with 0 info available at all. We've come a very long way since then. BTC would have to be 4k for that prediction to even have a chance at being true, but that aint gonna happen, not before a soros sized pump

[Anonymous No.9346238]

>>9346093
>LMAO ... hilarious. This has to be AB
The only way it's AB is if he decided to larp as an idiot

[Anonymous No.9346257]

Can you guys help me with a question? So the sell stop limit on Binance I understand the stop price and quantity but about the limit price, if it drops to the given stop price will you get paid whatever you put in as your limit price? And if it doesn’t reach your stop price within a day do you lose those shares? Thanks in advance for helping a noob

[Anonymous No.9346458]

>>9346257
Once price meets the limit price, the condition is activated to place a sell order at your stop price. If your sell order finds a buyer then you sell until the sell order has been completely filled, if it doesn't get completely filled, you can cancel whenever and keep whatever remains. Pretty sure I got baited.

[Anonymous No.9346502]

>>9346458
You didn’t get baited I really am just a little dumb. Thanks anon

[Anonymous No.9346588]

>>9346502
I don't think it's a dumb question, but it felt like a random thread to ask and I don't see many people calling them shares. Whatever, happy if it helped you.

[Anonymous No.9346682]

>>9340175
>PROJECTING
>THIS
>HARD

[Anonymous No.9346837]

>>9339356
Those are retarded predictions because LINK is not measured in dollars, but sats. You cannot say with even a moderate degree of certainty what the price of king shitcoin will be by those dates, and hence you can't predict LINK's price.

[Anonymous No.9346856]

>>9346837

He's not talking value in fiat. that's value in BTC.

[Anonymous No.9346923]

>>9346856
bait?

[Anonymous No.9347011]

>>9346238
That may be true but if I were you guys that swing trade these pumps and dumps I would stop. If this truly is a project that we were not intended to be a part of, you could be getting set up to lose your stack if you do it one time too many. Not worth the risk.

[Anonymous No.9347039]

>>9339181
>the price has only ever moved downwards since its ath
Kek

[Anonymous No.9347055]

>>9347011

ya each one becomes more likely to be the one by virtue of it being a finite time series. these charts though. it might go down far enough for you to make some gains, but you've had enough time to acquire. if you're short stacked enough to still be swinging the FOMO will end up hurting you more than any gains you'll make.

[Anonymous No.9347086]

>>9339636
>REQ let's you buy crypto with fiat on their platform

This is not what REQ is about. You have no idea.

[Anonymous No.9347228]

>>9339470
amb nothing aswell

[Anonymous No.9347331]

>>9347011
>>9345612
The cool thing about this shit is that there are no real rules, it's going to sound gay, but it gives you a way to express yourself in a very unrestrained way that may be hard to find anywhere else in life. You can hold, you can daytrade, you can quartertrade, you can swing trade, you can TA, you can look at news, you can look at wallets, you can all in, you can buy 100 different microcaps... When you see a kid playing with a knife you can ask him to stop and it's probably a good thing but it's still indoctrination, let him lose an eye and see how long it takes him to learn or maybe the kid with more bravery than sense becomes a good knife thrower.

[Anonymous No.9347427]

In regards to the 'monopolization' of nodes under entities that wish to safeguard their 'API IP', what are your opinions on the profitability of Linkpool.io nodes? Whitelisted to crowdsale and considering a very decent investment. Your 2 cents would be much appreciated.

[Anonymous No.9347518]

>>9339444
I listened, screenshot it. "Gets" don't lie.

[Anonymous No.9348107]

>>9342099
I fucking ran a business out of a Regis and I am a fucking piker. I can’t fucking believe people think this rates. It’s like renting a room from your parents as an adult.