/biz/ - Business & Finance

>>4921093
The thought of that literally makes me want to vomit

>>4723947
Iron Hands reporting in
how are you all doing you soon-to-be rich bastards?

>>4530147
>>4530147
thanks, I have the same strategy, keeping the retirement 2019 pack, safely stored, and a few k on binance to play with

also:
>>4527999
>>4530222

>>4530147
thanks, I have the same strategy, keeping the retirement 2019 pack, safely stored, and a few k on binance to play with

also:
>4527999
>4530222

Why I went all in on Chainlink:

Someone recently asked me why I bought 20,000 LINK coins and this is what I told them:
1. Eth and smartcontracts. We all know smartcontracts are revolutoinary, but their use cases are limited. Smartcontracts are awesome, but they are confined within the blockchain and data on the blockchain. In otherwords, right now smartcontracts are "you send 1 eth and I'll send back 1000 McTokens", and this contract is verifiable/trustless/amazing but its stuck within the universe of Ethereum and the data Ethereum understands
2. It is possible to use external data to inform these contracts, but right now that process is centralized. This is a problem. Lets say the external data is a transaction of Dollars for ETH. So you send 300$ to bank account X, and then I send one Eth to your address. Right now you either do that through a third party (CoinBase), OTC (LocalBitcoins) or whatever else centrlized system you want to use.
Knocking out that centralization, where you have to trust someone, is THE key to SmartContracts having a real world use case. But how do you get that information -- the fact that the $300 has been sent -- onto the blockchain using data that the smartcontract understands?
3. Oracles. Right now the answer is "hey we can hire Oracle X to do the translation to represent this bank dollar transaction on the blockchain." The "oracle problem" with this is that you are 100% TRUSTING that oracle to act prudently. That they don't tamper with the data. So we can kill coinbase but now we have to trust the oracle instead of coinbase .This is a HUGE problem for Banks who want to get into blockchain but have to trust a centralized oracle to translate data. This Oracle can be hacked, falsified or defrauded.

1/2

go all in on chainlink

>>4489501

>>4465768
It’s a sign to stop making fud memes and use your GIMP skills to help people get rich.

>>4431456
months for a finished product
2 years untill it goes on full steam, but many neets will probably be able to retire earlier

>>4417649
thats a complicated way to spell "buy my bags".

>>4399075
>tfw

>>4360793
Most people who want money are at this point.

Ever thought that maybe they aren't shilling and trying to get it listed because they don't want it to be listed as a security?

>>4300848
look at ripple
everyone was saying the token is worthless, and for the banks it indeed doesn;t matter whether the coin is expensive or not, they can adjust the sent amount accordingly to its price, and yet it skyrocketed, the day Swift or other big company announces implementation is the day the rocket leaves the ground, and you bet your ass once this bitch hits 5-10bn MC it ain't leaving. Look at NEM or Dash or other shitcoins sitting there doing nothing. It's because bahgolders refuse to sell cheap.
I'm don't even need LINK to hit the famous $50 mar, at $20 I'm already gonna be a millionaire

Guys
Look at all the JUNK in top 10. Like Dash, NEM, what the fuck is that, who even uses that shit?
And now imagine LINK with a real fucking demand because of multiple use cases
If literal shitcoins can have a 2bn$ market cap I don't see a reason why LINK wouldn't be top3 coin
Most of those shitcoins you see on CMC are fucking worthless, all they are driven by is pure speculation, once the greater fool theory dies, people will either quit or switch to fucking useful projects like LINK
anything between $10-$50 is possible by 2020

>>4270561
also this

You have to realize how dumb this market is
even if a token is completely useless/not corelated with the product, people will still buy it based on the hype
it's all about self fulfilling prophecies here
people treate tokens as company shares, they don't even know how 99% of all this stuff works

>>4265735
No LINK, you stink.

THIS IS OUR TIME LINKIES

>>4250765
maybe read the caption on the pic you just posted?
and start making some sick ass gainz with other xtremists on binance exchange

>mfw when we gon' be rich as fuck

>>4237962
>2025.
weird way to spell "late 2019" but agree with the rest

>>4237842
and you claim to be a dev?
HAHAHAHAH
nigger you don't even know what the fuck you're talking about.
>without tokens
good luck finding node opeartors doing it for free you idiot
or a dev like Sergey who decides to do the entire thing as a volunteer without tokens
let me laugh at your ass once more
HAHAHAHA

>>4178526
1G44PP9BvCuiPF888QH1ijdagMZaiUBrUM

I'm already all in on LINK. Need Moar!

>>4128798
this
>mfw I let the game come to me