/biz/ - Business & Finance

Another one of these cringe threads

Why can't we just say how much LINK we have

100k here

Pic related would change my life beyond all anything

>>4771273
What is the point of these threads? Why can't you just say how much LINK you have?

It's cringe

>>4742545
I know m8 the drama alone is worth it

I burst out laughing to myself yesterday thinking about Rory's wife's son. Just when the chainlink saga couldn't get any better. It's the gift that keeps on giving - literally.

>>4682404
>My question is, are these other options as good as chainlink?
You can't know for sure, but I'm pretty sure >>4682422 is right. Sergey recognised this problem and started working on a solution years before these copycats even realised there was a problem at all. This, coupled with the fact that Smartcontract.com/Chainlink have already done a working demo with SWIFT and Barclays, Santander, BNP Paribas, and other huge institutions, they are simply too far ahead for the competition to catch up now.

>>4679130
>+ cost opportunity
Don't pretend LINK cost you any opportunity. If you knew that LINK was going to tank and BTC was going to rise, then you'd have bought BTC and sold LINK. You clearly don't know what you're doing so why delude yourself that you'd have made money if you weren't holding LINK?

Are you going to start FUDing BTC in 6 months time for the 'cost opportunity' that it prevented you from holding LINK?

You made your decision. You're just an ADHD kid who's angry that decision wasn't vindicated in a couple of weeks.

>Buy high, sell low

>>4673201
the prophecy will be fulfilled

>>4653192
seriously grow some balls and hold your links

it's been a couple of weeks, things will be extremely comfy at $1, and mind blowing as time goes on

pic related

http://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

>"Categories of digital agreements that have few participants and already use digital state - things like derivatives. [...] In a period like 5 years you're going to see the high value contracts in spaces like derivatives, spaces like the bond market, all kinds of different securities, even equities, they're going to be the standard. So smart contracts are going to be the standard."

Skip to 6:45 or so. It's worth watching all the way through. Despite the impression you might get from this board, Sergey is not some fat autist selling shitcoins from a toilet. He's the real deal. Derivatives are a QUADRILLION dollar industry and these are exactly the kinds of agreements that will be implemented in smart contracts and so use chainlink.

He also mentions a key theme at the conference as being moving from proof of concept to real world implementation. This fits with their plan for a release in early 2018.

Yes, the lack of communication is frustrating but you've got to see it from their perspective: they have no interest in generating hype among individuals - it's all about institutions. OP is right, no one has heard of this thing outside of /biz/ - it isn't even on Bittrex yet.

Give it time and your strong hands will be rewarded. There have been a ton of moon missions on /biz/ that god FUDded before making it: ETH, PIVX, NEO, ARK, XVG - even DGB was a 10+ bagger despite ZERO fundamentals, no unique product, just some bullshit rumor about minecraft. If you bought early you'd still be up on DGB now despite its massive 'failure'. There have also been tons of other moon missions we missed out on such as XRP and STRAT. They all had no action for months and then boom, 100x+. It will be exactly the same with LINK but bigger. There are still fortunes to be made in crypto.

http://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

>"Categories of digital agreements that have few participants and already use digital state - things like derivatives. [...] In a period like 5 years you're going to see the high value contracts in spaces like derivatives, spaces like the bond market, all kinds of different securities, even equities, they're going to be the standard. So smart contracts are going to be the standard."

Skip to 6:45 or so. It's worth watching all the way through. Despite the impression you might get from this board, Sergey is not some fat autist selling shitcoins from a toilet. He's the real deal. Derivatives are a QUADRILLION dollar industry and these are exactly the kinds of agreements that will be implemented in smart contracts and so use chainlink.

He also mentions a key theme at the conference as being moving from proof of concept to real world implementation. This fits with their plan for a release in early 2018.

Yes, the lack of communication is frustrating but you've got to see it from their perspective: they have no interest in generating hype among individuals - it's all about institutions. This thing isn't even on Bittrex yet, give it time.

>>4648162
>They don't give a shit about any of us

http://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

>"Digital contracts between individuals are kind of limited. The reality is most digital contracts that happen between individuals happen through other services"

What reason would they have for hyping this coin up among individuals? The fact is they've raised the money through the ICO and are now getting on with developing a product for business. They probably expected (unreasonably, given the reaction on this board) that investors understood the project and were in it for at least a year.

I saw an image posted on here recently (please post it if anyone has it) of the expected timeline of smart contracts. 2018 - 2022 was described as the time period in which they will be implemented, which is in line with Sergey's comment:
>"In a period like 5 years you're going to see the high value contracts in spaces like derivatives..."

It's funny that a common piece of LINK FUD is that it's 'vaporware' - when LINK is one of the few products that actually isn't. Sergey constantly talks about external data because he realises this is the thing that will lead to smart contracts actually being USED.

>"Smart contracts are moving away from proof of concepts and closer to actual implementation. And as that happens, they're going to need high quality triggers and high quality outputs."

It's so clear that they are only really concerned with developing a product that is actually USED. The time scale to mainstream adoption is a couple of years, starting with tests that will begin next year. When people realise this then the hype will grow organically and the snowball effect will be as large or larger than XRP, ETH, PIVX (this was hyped on here too), NEO, and other moon missions we missed out on like STRAT. Look at the charts, flatline for ages then moon. Pic related is inevitable.