/biz/ - Business & Finance

>>10884368
also, dont an hero like a faggot. you'll be crazy rich and we will need all the financial help in fighting the satanic pedos that rule the world.

http://www.sys-con.com/node/4305948

LINK = $1000 EOY
XRP = $10 EOY
VET = $1 EOY
BTC = $50K EOY

Screencap this.

>>10696323

>>10695798

Singularity approaches, don't get left behind

>>10683540
Sergey's face calms me an extensive amount, its like looking at a warm, fatherly figure just waiting to say "I believe in you son, you can achieve your dreams"

it honestly will probably dump again, let's not be stupid here.
we're still going to be rich though. $2500 EOY

>>10503054
>>10503114
>>10503158
>>10502131

....holy shit. We might actually make it frens.

So anybody know what he talked about? General ramblings, partnerships or what?

>>8116323

>>8055845

>>7775511
>>7775522
>>7775533
>>7775555
Hhioolllyyy fuuuckkkk

>>7768396
we're literally going to save BTC from crashing

>>7756732
Probably will if it goes near 1 dollar. Dont want to sell at loss. Its just 70e so it doesnt matter that much. Could change that to 150 Link though, so it would be 150k dollars soon right?

test

Having worked in finance for a long Time I can tell you these institutions are deeply invested into their legacy technology and will not adopt blockchain any time soon simply because the investment required would be too large. The investments into these legacy systems represent decades of effort and billions of dollars in some cases. Many legacy system are Frankenstein’d together with base aspects of them being incredibly archaic which is not easy to port over to a DLT solution.

So what does ChainLink provide? A method in which these institutions can utilize Smart Contracts securely, save millions/billions annually because of the processes they can automate, AND they get to keep their legacy systems. It’s a gravy train and I guarantee you there are many NDA’s becaus anyone with half a brain knows Sergey has pretty much been guerilla marketing to get data providers and institutions on board.

Think about it like this in regard to price as well. Sergey is busy making these deals. He is more than likely asking these partners to run their own nodes and provid data and he can say “the tokens have not appreciated in value significantly, we can make cost effective purchases for you to run you nodes (and you will make a shitload of cash when it DOES appreciate)”.

This is why there is no communication or hype. Sergey is busy networking and if we went around with a fucking pumped up token that was already $10 these institutions would laugh. I understand the BIG BOYS probably get free tokens from the 350 mil that is locked up in the top top wallet, but not everyone is going to get handouts so in that case the token needs to be affordable to get people on board to have a strong main network.

$100 EOY

>>7709414
>prolific couchsurfer
kek.
>>7709115
Reasonable EOY is $5-10, maybe with a spike to $20-60 in a massive bullrun.

Why?
>secure API / data-feeds for inputs
>secure payment messages for outputs (Bank payments, PayPal for retailers, cryptocurrencies)
Secure end-to-end, tamper-proof, unstoppable financial agreements, in a world where there already exist agreements that can be 100% automated with objective data feeds and payment outputs, if only they were 100% tamper-proof: hence ChainLink. It is an elegant solution if there ever was one.

These basic points need to be reiterated until it sinks in: this is the solution for connecting the legacy world to the promise of DLT and smart-contracts.

How will LINK do this?

It needs to establish itself where it beats existing solution by a factor of 5-10x in cost/time savings. The most talked about one is the derivative trades between no more than two parties, entirely data-driven. Establish itself in that market, to build a robust network effect, before expanding to adjacent markets like insurance, and eventually trade finance.

Here's another one I saw today:

http://ori.network/wp-content/uploads/2017/11/Origami-Network-Whitepaper-0.1.pdf
pages 17-18

Other thoughts gathered from the Origami team:
>Depending on the demand, they could use ChainLink between the carriers API, and payment API, to automatically pay/refund users based on delivery or failure-to-deliver

>>7709254
Speculative shit. Just a dev who was in the gitter who was associated/working with Tesla. More relevant is the big potential clients/partnerships under NDA with SmartContract and ChainLink right now. Gotta wait and see.

>>7702649
THIS

Can't wait to see you fags cry when this shit catches on.