/biz/ - Business & Finance

Should I buy it? I have about 20k to spend.

It's happening!

make money aside from their LINK holding?

You guys have almost sold me on this. But, am I “too late?” $2.72 right now. How high do you think this could go in the next 5 years?

Will you yeet or get yaught?

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?

am i going to make it? what's my rank? what's my name? what's my name? say it. say it. who's your daddy? and what does he do?

HOLY SHIT

Boolish AF

CHAINLINK IS GOING TO BLAST OFF!!!!

IT'S HAPPENING BOYS!!!

How long do smart contract audits take? anyone got an idea? Days? Weeks? Months? Years? I NEED TO KNOW NOW!!!

IS ABOUT TO BOOM!

WE'VE MADE IT BOYS

6000 SATOSHI

NOLINKERS ON SUICIDE WATCH

LINK FOUNDATION ON THE RISE

>biggest partnership in crypto thus far

>price does literally mother

Chainlink might break .00006 tonight boys!!!

GET READY!
IT'S HAPPENING!!

>le epic pump

A FUCKING POLOGIZE YOU FUCKING FAGGOTS

TODAY AT THE CONFERENCE I LITERALLY SAW PEOPLE PULLING THEIR SMARTPHONE AND DOING MARKET BUYS ON BINANCE APP

FUDDERS AND DISCORD BABIES BTFO

It is FUCKING over. This is the last straw. You are an absolute RETARD if you do not sell RIGHT this INSTANT.

SELL

Alright, this will be considered a LARP by most people but make of it as you want. It's nothing but the truth. My name is MichaelFour (nickname) and I have been part of the inner circle of Delphi since it was invented. It started as some sort of renaissance group of long lived bitcoin enthusiasts on usenet. We started out as an IRC channel on Rizon, but early 2017 switched to discord because it is more convenient. We were looking exclusively for high value, high investment assets and by sheer luck we stumbled upon the Chainlink private sale. The group consists of some really bright people. Think software architects in top level Fortune 500 companies developing and orchestrating enterprise applications. They merely knew by reading the white paper Chainlink was going to be a good opportunity. Needless to say, we got into the private sale with quite some allocations and filled them to the brim. Think an high xx million amount of LINK as combined portfolio asset. Our goal was to wait out high volume exchanges, dry out circulating traded volume by buying strategically placed sell walls and minimize price movement after by creating a sales funnel (artificial sell/buy wall). As evident from the thin order book and statistical analysis on hot wallet movement of popular exchanges, we mostly succeeded.

However, there was one invonvenient problem.

1/4

What went wrong?

SIDEWAYS

DREAMFORCE PUMP

YOU ARE ABOUT TO SEE SOME SHIT