/biz/ - Business & Finance

>>17703195
Img search my other posts in the archive you stupid nigger. I've read hundreds if not thousands of pages of government studies and reports on economics, gdp, and derivatives.

The potential problems of undercutting I already covered, but there's also some uncertainty with average length of a service agreement...especially when it comes to trades and trade finance. SCs condense the time from 10-14 business days to seconds. Hypothetically x=5 or however many nodes it ends up as could handle a significant portion of the derivatives market because of the fast turnaround, and solid constant reputation earned.

That would sway the balance to like thousands per year per link for them and little for neet and unlucky pools. There would still be a large run/high demand for those lucky nodes to secure collateral...driving up the base price of link, but throws off my calculations for staking rewards. So keep in mind those numbers aren't balanced or averaged...it's going to depend greatly by what contracts your pool ends up landing (circling back to undercutting and huge "mining" operations running at a loss to drive out competition, effectively killing link for anyone but them).

I've put slightly more effort into thinking about this than your average moonzoom or faggot micro cap gambler.

>>16809325
I spread my autism/hopium once in a while. Can you search from img filenames? I always post the same fat girl.

Due for another rehash...but I'm a phone fag most of the time and it takes forever/no copy-paste or actually bookmarking all this shit (I re-research it every time like a retard).

Basically just start googling industries that SCs will take over, and takeover they shall due to competitive advantage. Gaming (sports betting/slots/tables not fag gaymer sjw shit) is the baby of the group, and the first I see being fully engulfed/replaced. About 70b online, almost a trillion brick and mortar. Rough 15% for a chainlink backend, assuming no crossover for verifiable/provable fairness gaming with little to no kyc won't steal b&m traffic (it will)...comes to 30usd per link per year. Business pricing 3-5x or 90-150 valuation. Boomer pricing as an investment vehicle puts it at 300-600 (10-5% roi).

That's just gambling, and assuming no new growth and no new segments like utilizing the trustless steam skin trader (hackathon) to gambol on z-sports.

>>16310842
Useage. Requestors pay in link (mandatory) so the demand grows with network useage.

Staking/collateralization; your node/api call provider is more reputable by holding more link (money). Do you trust some African node with 5 dollars worth of link to insure your transaction, or 50 million on a known named company node, who would you choose/pay to trigger your contract?

Basic calculations can be made ie: 350 million dollars in fees is a dollar per link per year...hence link returns a dollar per link per year, so the price should be 3x-5x returns as a business valuation...or 10 dollars for a 10% roi.

The average fee derivities traders pay to legacy platforms now ranges from a few hundred dollars per 1mm for commodities trades up to thousands of dollars per mm for interest rate swaps and other credit default type swaps. The market just for swaps in the US is 268,500,000,000,000 yearly outstanding. The fees for using Smart contracts to do these trades is approx 5-7 cents in gas/eth fees to deploy on chain, plus whatever the oracle/nodes want to charge for secure reliable data. It also lowers the time of transaction/clearing from 5-10 business days to seconds...these traders also pay a decent sum to finance/maintain their margin on trades while they're being completed/processed (80-200+ per mm depending on trader credit and risk).

Tl;dr derivatives costs 5k-25k+ per trade in fees, SCs makes that 5 cents...and those traders would suck your dick and be excited to pay 3k per trade split between X number of oracles for 5 minutes of "work" from the oracle side (putting up collateral (link) to insure a safe transaction for as long as it takes 2 parties to e sign and deposit assets for the trade). Times something like 2.5 million trades, just for swaps.

Then add insurance, shipping/trucking, gaming/sports betting, etc etc.

>>16236396
The slants played biggay off the stage yesterday before he could announce steaking, they're dead to me.

>>16224632
Pushed 10+mins by vechink and then mic cutoff early. Re no rike roundeye.