/biz/ - Business & Finance

>>14753564
Chainlink™

>>14729055
>>14729055
>>14729055
>>14729055
>>14729055
>>14729055
SORRY OP LOL

>>14728630

I’m still accumulating and waiting, glad I got my stack when I did, if I had waited would be priced out like most normies.

It’s just so hard to wait.

Im on the team, call me an insider, whatever

The plan right now is to sell off 1 billion LINK, so yes this will be added to the overall supply.

It cost a lot to acquire Mcdonals, but we have two more entities we want to acquire as well. We are also hiring a lot more people to work on the team. This costs a lot of money. And 32 million just isnt enough.

I keep seeing this fud about the devs dumping, but trust me its going to be worth it in the end.

We have also had some big macs looking to buy us out, but Sergey is holding strong, just like you.

This is the only post im making

>>14708759

My only regret is not having more. But I have enough to make it.

>>14703111
tripfag rolling trips, waddyakno

HAHAHAHAHAHAHAAH

lmao OP is a huge troll stopped reading after he thought theyve been working on this for only 2 years

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?

>>14667717
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?

>>14665937
chainlink token is no ordinary token its an erc677 token read up on it nulinker

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?

>>14662032
what is happening in this chainlink wallet?
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x2c0fa2d84200d14826d72271d1ea74f778cc2e81

2 year oldfag linker here, never been so excited for chainlink. things that we were hoping to be true are literally coming true before our eyes, coolest thing ive experienced.

>>14597105
They must say that
Normies are really that bad and would blame you for giving them the idea without taking any ownership of their decisions.

>>14596086
You think they’d finally get that lol
Journalists are intellectual prostitutes, nothing more.

50 year old boomer here, my dad has been a stock broker all his life and I followed in his footsteps. I always knew stock was a natural hedge against inflation so I have most of my fortune in stocks.

I bought 5 shares of brk a when it was 7.2 k a share.
Bought 1000 shares aapl at 20$.
Bought 1200 shares amazon at 70$.
Bought 1000 shares mcd at 13$ a share.
Bought 100 shares goog at 100$.
Finally I bought 1000 shares of both visa and mastercard at 10$ each.

You can say I have a most impressive track record. I never bought bitcoin, always wrote it off as something risky without understanding it, but during the bear market I did some reading into it and now I have bought 2 btc as well.

However I bought 200 k shares of LINK because of the memes at 0.60 cents, and If I understand it correctly LINK will be the toll booth that gets paid a fraction of a penny everytime data needs to be verified. This data spans across all industries and imo it acts as visa/mastercard but because it spans all industries and create new industries , it should be more of a modern BRK once it gets going.

You are in for a wild ride boys, everything I buy goes up in the long run, and I bought Link.

*Attention all, I have an announcement to make*


>When every shitcoin’s team was hyping and shilling, we were radio silent and hard at work.

>When every shitcoin’s team was bragging about their 200 man team, we were resource efficient and settled with just 2 and now 10.

>When every shitcoin’s members +CEO was wasting time wearing fancy suits and doing weekly video updates and eating steak, I only had the same shirt and settled with big macs.

>When every shitcoin’s members was wasting time on their health, we were getting fat to get all the ducks in a row.

>When every shitcoin’s mainnet had nothing to show for themselves, our mainnet launch has google, oracle and Salesforce within 30 days.

Now that LINK is discovering it’s TRUE value, YOU mother Fuckers have the decency to compare us to SHITCOINS and P/D’s? Heh, sell and don’t buy in, see if I care.

We already won.

>>14482700
Dubs confirms we're in lads

>>12200350

>>9029121

agreed. very nice.

I am wishing for a spurdo

>>8952327
It says he specializes in maintaining multi-million dollar partnerships

>>7806444

new one