/biz/ - Business & Finance

>>11160921
stream?

Cordas there too. Aren't going to use link?

What is this OP?

>>11160921
>child bearing hips

>>11160921
Bump for interest. I lack information. This is all I could find on the internet

https://medium.com/corda/join-the-barclays-derivhack-in-london-on-sept-20th-9ff4ac32f466

>>11160921
CRDA, R3, HYPERLEDGER

all relevant, any ctrl+f+chainlink tho?

>>11160993
https://www.coindesk.com/barclays-is-pitting-blockchains-against-each-other-for-a-cause/

>>11161003
>One goal of the hackathon is to suss out which of the commonly used enterprise DLT platforms – R3's Corda, Hyperledger Fabric or ethereum – handles derivative life cycle smart contracts most elegantly.

This looks like a low key competition, but really interesting, thanks anon

>>11161003
Also
>"If the industry is to realize potential efficiencies and reduce costs via the adoption of standards, then there needs to be greater compatibility across different solutions in capital markets."

>>11160998
Accord team was one of the contestants
If Accord becomes an important collaborator of ISDA/ISDA joins Accord? this could be really huge

http://www.fasterpayments.org.uk/barclays

>>11161131
ACCENTURE= LINK

http://www.fasterpayments.org.uk/sites/default/files/Faster%20Payments%20Access%20Programme%20Economics%20Report%20-%20Online%20Version.pdf

>>11161131
>>11161147

https://www.finextra.com/newsarticle/31807/barclays-propels-coinbase-into-faster-payments

Mommy must be furious

>>11161131
>>11161147
>>11161166

https://www.bmmagazine.co.uk/in-business/advice/business-will-quickly-benefit-faster-payments/

https://www.pymnts.com/news/b2b-payments/2018/barclays-crowdz-procurement-blockchain-supply-chain-faster-payments/

>>11161216
I hope we get some big Hyperledger announcements soon because Corda's been getting all the good headlines lately

>>11161216
Why would you tag anything with @chainlink and have a bunch of spergs tweet at you for a month and turn you into a meme

>#DerivHack2018 @xceptor and @JDX_Consulting win an award for completeness

Bump for QNT

>>11161337
Which smartcontract platform did he use?

>>11161337
#DerivHack2018 http://blk.io win for flexibility
#DerivHack2018 Industria win for best presentation
#DerivHack2018 best overall solution winner @digitalassetcom for completing all six uses cases and additional functionality

There's some things from the chainlink code that I like, but there shills are annoying. Go build something.

>>11161403
See what happens? No collective positive thinking for him = bad results
WE ARE ALL IN THIS TOGETHER DAN

>>11161366
Wow, good shit from Digital Asset taking out the top spot. Sounds like they killed it and had more to spare with the additional functionality.

>>11161464
Would like to know if they used Corda? I thought Hyperledger belonged to DA

>>11161366
Does this mean chain link l ...l...lost?

>>11161422
Check m8, based

>>11161526
Business relationships will still go on behind closed doors
Digital Asset are also connected to Link, both part of ic3

>>11161507
>ELEVEN of the fifteen entrants in London chose to use @Cordablockchain!

>>11161216
>Can’t wait to go even further!

>>11161554
That's not a straight answer. Is this why the price is tanking while everything else is up?

>>11161708
Link always dips when other shits go up

>>11161248
>>11161352
>>11161464
>>11161507
>>11161526
>>11161625

Ok gonna give you guys alittle info

digital asset is an ic3 project and will use chainlink. Digital asset used to be part of accord project but they are now big competitors with daml language vs. accords language. There are 3 major languages openlaw, accord and daml. Chainlink being used for all. This little competition between smart contract protocols is really good for link

>>11161737
link is shit

>>11161904
>The problem is, everything with Chainlink is speculation at the moment. Plenty of promise and apparent connections, but you see things come out that appear to be eating Chainlinks lunch, like Qubic and IntellectEU.

Is this bad for chainlink?

t.brainlet

>>11161921
>https://hub.digitalasset.com/hubfs/Press%20Releases/DA_GoogleCloud_FINAL.pdf
>“We’re partnering with Google Cloud to provide developers with a full stack solution so they
can unleash the potential for web-paced innovation in blockchain,” said Blythe Masters, CEO of
Digital Asset. “This will reduce the technical barriers to DLT application development by
delivering our advanced distributed ledger platform and modelling language to Google Cloud.”

>>11161921
>igital asset is an ic3 project and will use chainlink. Digital asset used to be part of accord project but they are now big competitors with daml language vs. accords language. There are 3 major languages openlaw, accord and daml. Chainlink being used for all. This little competition between smart contract protocols is really good for link

>source onthis?

>>11161921
this isnt an info.
this is you saying random shit. there's not evidence of this, outside of very far fetched connections.

>>11162027
See pic related here
>>11161904

>>11161994
http://www.initc3.org/partners.html

Also check the archive for accordproject you will see them as a partner but recently removed after the falling out.

>>11162039
i know this. still no evidence with link.

>>11161921
>https://medium.com/daml-driven/how-difficult-is-it-to-write-correct-smart-contracts-depends-on-your-tools-5f6bceb2d510
DAML has built in formal verification. Nice.

>>11162081
IntellectEU has their own SWIFT blockchain middleware?

>>11161737
Link's up 28% on the week you greedy zoomer

None of this shit has anything to do with Chainlink.

You absolutely stupid bottom feeders don't seem to understand that you'll never see an @chainlink or @smartcontract from big, relevant companies. Chainlink is just a cog in the machine, yes - a very crucial cog, but a cog nontheless. You don't need normies to get in on this, you only need to fucking wait it out.

>>11162268
Finally some fucking sense

>>11162268
wrong
you wont see it on the cutting edge launch partners
you will see it by the second wave institutional products trying to jump on the bandwagon
those are the people buying link at $1000

>>11162098
are you guys really that fucking stupid. Let me spoonfeed you guys. Smartcontract.com has been making oracles for years and years. Sergey knows all about SAAS he even used a SAAS lawyer (borders) to create the SAAS agreements. Now a bunch of companies (intellect eu etc) claim they have middleware etc. They are customers of Smartcontract.com ffs. Everything I just said is verifiable. If you don't know what SAAS is look it up

>>11162430
this anon know their stuff. thanx fren

Alright listen here now you guys pissed me off I'll give you another truther.

MONAX - they will use chainlink...here is your proof if you want. Spoonfed ass beggers

https://monax.io/blog/2018/09/20/the-monax-stack-what-makes-legal-products-go./

>>11162430
Won't these existing customers migrate to the LINK network? What would make their oracles a better alternative?

>>11162509
y thank you..some peeps on biz ungrateful and just want to be fed info.

IM SO FUCKING COMFY HOLDING MY LINK

>ALL THESE FUCKING OPPORTUNITIES AND LEADS

>>11162529
I just want you to stop shitting on streets. Too much to ask for? Obviously.

>>11162529
I've pretty much figured out everything you're dropping on my own, too. Don't give the plebs on here too much anon.

>>11162517
>Posts broken link

>>11162529
Why doesnt link announce any of this shit?

>>11162517
Looks good.

To everyone in the thread, be careful about projecting too much of Chainlink on this. A lot of players vying for the same pot of gold.

>>11162430
thanks anon for explaining for a brainlet like me

>>11162575
Why? Sounds like a shitty attitude

>>11162581
It doesnt mention its using link.

>>11162607
Or any other oracel...

>>11162598
DYOR. I'm buying as much cheap link as possible for as long as I can. Enjoy being fudded and then spoonfed months later.

>>11162629
I dis thats why i bought link. I dont have time to search for clues every other day.
>>11162624
True. But the point was that it was “obvious” it was link when its not clear at all.

>>11162529
Hey, we got a small Telegram group. I think you would fit right in. We do our own digging and are really into the tech part of Chainlink.

No cring and p&d stuff

If you want to join send me an email 213456@protonmail.com send in the email a code then post it there. That way I know it's you.

Other people please don't reply

>>11162430
based and redpilled

>>11162517
Like being an arms dealer when war breaks loose and selling to all sides

>>11162268
If you knew how Chainlink works then youd know that this cog will consistently hog up LINK tokens to run on the node network.

We are talking massive amounts of LINK used as collateral for smartcontracts worth into the 10s of millions. And thats just bond or derivative smartcontracts. think of all the other applications smartcontracts will be used for. Then think of the network and the demand for LINK to power decentralized oracles. yes, its cog. its a billion dollar market cog.

People keep debating stupid shit. What people need to be talking about is how the LINK token will be used. From there you will understand the $1000 price tag.

>>11162906
Everybody makes this more complicated than it is. If Link gets adopted the supply stays the same and demand goes up for individuals making a living running Nodes. Nodes cash in some through an exchange and hold some to drive more opportunities for verifications. If the Link system is adopted Link is going to go up significantly in value. I would add, holding down price so future node operators could set themselves up is/was critical. My guess is that is what bots have been doing all along (buying/selling) to hold the price down.

>>11163413
Also for the devs to get paid a lot more LINK. Its been in their best interest for sure to keep quiet and keep price low.

>>11163413
Agreed, seems like now though we may start to see some serious movement in chainlink. its obvious the team is ready, not only for promotion but for the price to rise.

they hired thier adv/marketing person and the listing on Bithumb gives us clues. they wouldn't be adding themselves on another exchange if they weren't ready.

This is it. Strap in. Chainlink about to take off.

>>11163882
D E L U D E D
E
L
U
D
E
D

>>11161366
>winner

Here you are, reward is 0.3 BTC worth of $ 2,010 ... no 1970 ... wait 1840 ... nvm

>>11162863
Like oil

Can anyone break this thread into significant facts because I’m drunk. Drunk captain reporting in for duty.

>>11165303
chainlink $1000 EOY

>>11165362
It’s $10,000 eoy. Im drunk. Not stupid.

>>11162906
I keep bringing up link to a coworker and he says 'oh, it's just a meme, blah blah blah'
I bring up the financial institution savings, etc. but he just doesn't like it for some reason.

I'm still linking up as suicide insurance, I don't give a fuck if it fails. I'd rather lose a few grand than miss the LinkTrain™.

$666 EOY

Everyday another dot another dot another larp

>>11163413
Funny thing is too, that nodes will be run virtually with no actual hardware (unlike mining), and free tier providers are enough to run them. The downward sell pressure from nodes will be minimal because the only thing they really have to pay for is whatever paid APIs they are using. Correct?

>>11165820
1000 EOY

>>11165820

>>11165303
what i think i've gathered is that lots of smart contract devs (no matter the blockchain) are going to need a decentralized oracle, chainlink is the only option

also>>11162430 was right that chainlink has been selling (or at least been offering publicly) SAAS oracles, but I wasn't able to verify any specific firms that have been using them

Will this shit just moon already.
I think I've aged twice as fast during this bear year.

>>11160984

OH fuck yeah

I mean the thing that kind of keeps me up at night and the thing that gets me super excited is that right now someone in Papua New Guinea can discover oil, they can discover a natural resource, they can discover something of value. And within the current system they can make a bunch of promises that they know at the time they won’t have to keep because the legal infrastructure and banking infrastructure and all these nice things that are supposed to enforce their promises, they won’t. This is why a lot of folks who control resources make false promises. So I really think in the future the really cool thing I think would be if someone gets a natural resource or someone gets a piece of a company or something that does belong to a larger group of people and instead of them going out and making a bunch of vague promises like we have a vision, we have a this, we have a that, instead of all these nice terms to get the placate people into doing their will, they will make a smart contract - Sergey Nazarov

>>11166172
more like 10x normal

BREAKING

AT ETH ATL MEETING, THERE WAS A PERSON WITH CHAINLINKS LOGO, BUT IT SAID "PROVIDE"

IT WASN'T LINK OR CHAINLINK, BUT THE SAME LOGO THAT SAID "PROVIDE"

THE SHADOW FORK FUD IS GETTING TO ME

>>11166397
Spoken like a true visionary

>>11165303
>>11165403

Based, redpilled.

>>11166419
At least you got 10x gains on something.
I just traded sideways >>11166419

>>11161131

>banks

Is this 2008? Who the fuck thinks banks are the future? Governments are going to collapse and banks are government institutions at this point

Patrick Boot - Counsel & VP, Legal and Regulatory Affairs - SunTrust Banks - 200bn assets
shilling chainlink on linkedin
https://www.linkedin.com/feed/update/urn:li:activity:6442756951599308800/

>>11166677
>Patrick Boot - Counsel & VP, Legal and Regulatory Affairs - SunTrust Banks
No Patrick boot on LinkedIn

>>11166677
>https://www.linkedin.com/feed/update/urn:li:activity:6442756951599308800/
AHHHHHHHHHHHH MY LINKS

>>11166744

did you even click the link?

https://www.linkedin.com/in/patrickjboot/

>>11162517
ctrl+f chainlink: nothing

>>11166397
f u c k i n g

BASED sergey so lucky to have found link suppose it was my destiny all along

>>11167241
Well well well

>>11167241
ahhhh boots and cats and boots and cats and boots and cats and boots and cats

>>11166397
Praise be our Lord and Saviour.

pee pee poo poo

>>11167480
BASED

>>11167480
This is my favorite forced meme.

Fuck red pepe and cool wine aunt. Give me pee pee poo poo every day.

Hey guys I am from Papua New Guinea, and have been selling claims to my “oil” for years. I had a vision, I had a this , I had a that, I really did. It has been going great for me and my family, until this smart contract company came around. Now I cannot promise “this or that” to my investors. Fuck Sergey and fuck chainlink. -

>>11167480
kek based

>>11160921
bump

>>11162517
>https://monax.io/blog/2018/09/20/the-monax-stack-what-makes-legal-products-go./
>>11166769

ctrl+f this you bitch

>>11168646
thank you...im drunk gonna do an ama if anyone interested. I have more knowledge of chainlink than most of these spoonfed bitches combined.

>>11162863
you are correct! This is a win win situation and the war just started. Look at the shot Digital Asset took at Gendel brown today...

>>11168666
satan numbers. speak to us

>>11168721
you ask i deliver

>>11168682
how many linkies you hold anon?

>>11168739
is there anything we should actually expect this month and/or next month?

>>11168739
As proof against larp, share something you know that hasn't been shared on biz yet.
As a followup, how do find and follow up on leads?

>>11168666
what's the deal with the mainnet? is it actually almost finished (the theory that 3rd parties developed reputation and consensus contracts) or is it still months away (Q1 2019)?

>>11168744
300k give or take

>>11168759
expect to see use cases from big names but not enough dots for you neets to figure out the connection.

>>11168761
gimme a second

>>11167576
kek'd

>>11168771
main net 2019

>>11168761
There is another conensys project very low key that is using chainlink. The project is called Adhara you will be hearing about it soon enough.

>>11168779
Link seems like a sure thing now. I'm hoping 12,500 + 2 eth in linkpool can take me to retirement in a couple of years.
Do you think this is likely?

>>11168779
What is Sergey doing atm?

>>11168779
based, thank you for the breadcrumbs anon

>>11168779
>Adhara
Noice, going to sibos.

>>11168779
https://www.sibos.com/exhibition/about-exhibition/exhibitors/adhara-consensys
for anyone who is curious about what this dude is talking about.
I noticed it a while ago but CL has so many fucking dots to follow I find it hard to remember what people know about / don't know about.

>>11168799
It will depend on crypto in a whole. Lets say bitcoin price is the same...I would say yes. We may have a scenario where bitcoin plummets to 1k..less likely in this scenario. Link is top 5 end of year regardless of overall marketcap.

>>11168803
no idea

>>11168799
Definitely doable but obviously depends on what you want your standard of living to be.

>>11168779
What moment are they waiting for to reveal Chainlink as "the oracle provider". Also is it going to be the defacto oracle provider among every company? Or are they looking for other solutions?

>>11168779
are you gonna run a node?
do you think it will moon enough to make people with 20-50k rich or the most money to be made will be by running node and the tokens itself won't be that valuable? I kinda don't like how they went away from decentralization to reputation providers basicly making it a group of centralized entities (large "registered" node operators)?

>>11168806
>>11168809
>>11168812

de nada. while you are at it. There is a bank in one of the sibos talks. There is an interview of them speaking and bring up using chainlink (without saying the word) too drunk to find but its out there. A sibos bank using chainlink and they are talking at sibos this year.

fuk it ill try and find

>>11168819
I-is 11k stinkies enough to make it by itself or am I gonna have to git gud and learn to code for a node?

>>11168819
Here is the thing...lawyers are working on making smart contracts legally binding. In order to due so they are showing the legitimacy of decentralized oracles. There may be a scenario where the only way for a smart contract to be legally binding is if the input data came from decentralized oracles. Think big contract items here.

Oraclize, bloqone iq...etc are going to take some low hanging fruit...who gives fuck

Keep an eye on the law firms people working on making code law

>>11168825
If you run a node you will be running a node alongside some worldwide banking institutions. If you really look at circulating supply that is not in top wallets there are not many large holders. I expect many to get rich but like always many will sell too early. Let me give you an example, you have 10k. I would only sell your node profits. Don't even touch the 10k. Really going to depend on your patience etc.

>>11168832
what is your definition. 11k link without staking gets you 88-125k eoy. and 400k-500k eoy 2019. Sell and you have less.

>>11168842
>There may be a scenario where the only way for a smart contract to be legally binding is if the input data came from decentralized oracles

This is underrated as fuck. I except this to be posted on threads in the future. Hello future /biz/.

This is seriously one of the biggest things EVER said about chainlink.

If a project is opensource why would you need to "patner" with it. Swift needs to implement their own smart oracles to compete with fintech offerings including ripple. Ripple is the one that is forcing swifts hand. If you think chainlink is going to plastered all over sibos you have another thing coming. Chainlink is part of the implementation.

>>11168872
code will be law but garbage in will create problems.

>>11168814
>>11168813
Hope this is true, realistically I only want a good amount to reinvest into safe area's long term and generate more income (dividends, property etc). Ultimately to not have to ever worry about losing a job and being able to travel comfy and support a good family.

>>11168826
Is this the video you're referring to? Immediate call of information.
https://youtu.be/ruWGU20txrU

>>11168874
Why does anyone partner with RedHat?

>>11168874
WIll you use linkpool? Just a personal question.

Also what do you think this means for World Economies? Is this an exclusive attack on asia as Australia UK Canada and America are usually the only companies seen working on this.

Let's say everyone uses these oracles and profits supported by these companies is verified through this way. Now lets say china wants to trade with the US, can't the US say well how to we fact check you? Use our system. Buy chainlink. Is this probable?

Get on my level w/ me

https://www.sibos.com/conference/2018/programme/delivering-potential-enterprise-ethereum-trade-finance-and-payments

>>11168889
Whatever amount you have, take half for linkpool and half for your own node. You want to replicate linkpool w/o the 30% fee.

>>11168891
nope...ill find it...may be audio but you will trip

>>11168865
How could we possibly see $8 end of 2018 if mainnet isn’t even out? What will causes 30x fomo?

>>11168891
https://bluenotes.anz.com/posts/2017/12/How-the-NPP-will-digitise-the-payments-landscape

listen at 9:22. NPP has a talk at sibos

https://www.sibos.com/conference/2018/programme/npp-and-common-api-framework-overlay-services

>>11168896
no idea

>>11168898
if you are a neet and don't know code you can see how a legitimate company is setting up and replicate

>>11168921
SPECULATION (and some dots connected)

>>11168945
By the way I expect to see $3 in October..regardless of what bitcoin does

>>11168912
Thanks Anon!

Any suggestions on data sources? Been thinking about just becoming a middleman for paid API's.

I'm in a fairly senior position at my company and have access to a number of execs+designers across major Aus banks and insurance companies. I have access to the right people to discuss smart contracts with but have such limited knowledge in the area. I need to get cracking on this so I can get our investment moving.

>>11168941
Once again chainlink is just part of the opensource infrastructure. Some may be waiting for something official but most of the realization will come from actual use of the network. Chainlink partners with company A. Company C partners with Company A and has an exact use case for Chainlink...do the math in most cases.

>>11168962
Keep an eye on the progress of banks and others opening up api access. I have already heard of 2 or 3 third party companies creating directories that I expect to release coinciding with main net.

>>11168858
If mainnet as you say is 2019

Why would it reach top 5 THIS YEAR?

Thank you!

>>11168813
>SAAS oracles
top 5 end of 2018?

>>11168991
Once you see who is going to be testing on test net with confirmation you will better understand. In all honesty chainlink should be top 3 eoy but I understand how stupid people are and for all i know ripple and tron may be top 5

>>11168980
Few more question

Where do you store your link?
I don't want millions but I want £500k


How many link do I need I can hold until June 2019

What do you think if Bitcoin Cash?


Thank you

>>11168998
Top 5 with 60% confidence. Top 10 with 90% confidence.

Dreamforce will be a bust...October going to be fireworks tho

>>11168872

Agreed

>>11169011
Good bless.

A question for you.....who else is testing out untrusted oracle's? And recently made news ?

>>11169022
3 accts 100k each on individual Ledgers w/ metamask access. A good amount on binance for some trading fun.

If you have undeer 100k just use metamask. But do the offline version so you be more safe.

Honestly it works but I don't have much faith in crypto in general with exception to smart contracts and some permission ledgers connecting to public ledgers etc. The whole currency thing is sketchy in my book.

What I do know is businesses like to save money and smart contracts with decentralized oracles are going to save millions; therefore, be adopted with ease.

>>11169031
Trustless? As in link or you talking about centralized oracles?

I'm thinking link. Australia loves stinky linkies. that is all i will say

>>11169050
when will we get a digital asset using chainlink verification?

A question you should be asking the link team is why they are slow rolling aggregation. They finish just a few tasks and boom its done.

>>11169050
What's your backup and how do you get these clues?

Anything else you could drop that's new?

I don't have alot of money. How many link roughly would I need to make £500k and can hold till June 2019


Do you think the meme's and stupid pics on twitter may harm the professionalism of Link?

The fat Sergey pic on twitter

>>11169060
When is testnet?

>>11169055
Digital asset is selling a service. not for a while.

>>11169050
are you Australian friend?

>>11169060
Hey truly appreciate the info thank you fren

>>11169062
What's your background

>>11169067
>Once you see who is going to be testing on test net with confirmation you will better understand

i mean this

>>11169070
is stellar a competitor in any way as they want to tokenize assets? or is it complementary since they need an oracle service. or just unrelated

>>11168980
Great Chainlink information Anon. Appreciate it.

>>11169062
If you are a half decent developer or firm you have access to who's working on what etc. This is a baby industry where inside info gets leaked without issue.

Not new but listen - third party company wants to use a chainlink oracle. I keep hearing "but that means they have to buy link" WRONG. All they will need is a tad bit more eth. There will be contracts that convert eth to link to pay node operators on the fly. So when the team says "Node operators get paid in LINK only" They are not lying but they are also not being completely truthful.

Twitter people are cunts and its embarrassing but the team handles in stride. A lot of non-deserving people going to get rich off link but I guess this has happened before and will happen again.

>>11169071
not saying shit on this one.

>>11169072
thanks

>>11169074
programming and some fintech

>>11169075
Others will see it and it will be on biz.

>>11169090
nope. anyone can tokenize assets...easy. Oracles are easy too. The decentralized network is the money maker.

>>11169095
thanks..

throwing in the towell in a few if there are any other questions specifics you are looking for. I typically will hop on here once in a while and laugh at you guys but fuck it throwing a bone tonight.

>>11169110
thanks for your info. Any big juice you wanna drop before we have to ask?

what's happening in October

>>11169120
hahah. I think singularity stage 1 happens in october. Sergey and team start the month at eth sf, then have web 3 and devcon. Attending all 3 and there are announcements at each.

>>11169100
Our of pure speculation just how high do you believe the token can go, and what kind of returns would node operators see?

>>11169138
I expect $3 minimum but can guarantee we will never see sub $1 link by eoo

>>11169116
>>11169120


This. Anything else.


Also you mentioned how people will see who's using link when. The test net will be running


Roughly WHEN will this happen and info come out

God bless annon!!

Thanks.

How many links please to make it? And WHEN do we hold till?

What's the END price realistically

>>11169138
one more question. what are you drinking tonight? ;)

>>11169144
Speculation aside I can see $100 link just basing on the returns one can receive from running a node. I expect 8-10% annual returns not including link price appreciation. If you start your node early on expect each link to appreciate a couple 100%

>>11169167
Thanks MATE. Appreciate the response.

>>11169151
The clothes come off in October.

Link is criminally undervalued compared to the rest of the market. I mean dogecoin (made as a fucking joke) is 6 times the price.

Lets say you want a million $ by next year. If you want to play it safe go 50k link, this is guaranteed in my book. 10k should get you there though.

The key is stake early and try not to sell any if possible. The ROI through price appreciation going to be insane

Is $1000 LINK really just a meme?

>>11169161
scotch i want a link cube ice cube though

>>11169189
yes...looooong enough timeline maybe not.

>>11169167
I have no technical knowledge. Is it difficult to set up a node?

And what do you mean "if you start your node early on expect each link to appreciate a couple 100%. Are you saying this with annual returns? I took this statment as only Node operators will experience 100% appreciation.

What happens when you have a chainlink node that listens for when you receive link payments. This triggers a smart contract to take the link and market sell on exchange for eth, then send eth to coinbase etc to cash out. This is going to happen by launch. You will be able to make cash if you want running nodes. Not sure I know of any other project capable.

>>11169204
There will be youtube videos that should be pretty easy to follow. Once again split it half way w/ linkpool to not have all eggs in one basket etc.

What i am saying is lets say you earn 10 link and the price of the link when you earn is $2. You earned $20. Well that $2 link is going to be $20 link in a few months. So that 10 link you earned will seem like 10% but actually be a lot more if you hold.

>>11169215
A chainlink node with no data to verify is useless though. Linkpool will rent their node as a service to businesses who need to use an oracle but don't have link.

"Consultancy & Managed Nodes
Private And Fully Managed
If you have a lucrative API or are an organisation looking to utilize Smart Contracts & ChainLink Oracles, we can provide consultancy and assist in implementing a solution as well as fully managing and hosting your ChainLink nodes. Please get in touch directly for more details!"

>>11169149
What's the biggest competitor to LINK in your opinion?

>>11169237
that is an option as well. All going to depend on your tech knowledge etc. The key is to get the link staked and earn.

>>11169242
There is none! I mean you could argue permissioned chains are the biggest competitor but there are so many already that they need to communicate w/ eachother etc and will once again want a decentralized oracle option

Alright that is it for me. Accumulate and appreciate the beauty that is link

>>11169258
have a good night fren. ty for the bedtime.

>>11169237
Sounds dumb desu

>>11169215
Doesn't this put tremendous amounts of downward selling pressure on the network as it's used? Sounds like a high token velocity when the network is mature.

>>11169271
not everyone is going to want cash, i believe it's an option. it's a "nice to have".

>>11169258
Thanks and goodnight

Let's all DELETE THIS post and this thread and get back to accumulating

>>11169280
Yeah, assuming there is enough of a return on penalty-staked link, it'll continue to be locked up in nodes until the market reaches a price equilibrium (ie once all demanded APIs are monetized in this way.) I just worry that the current demand for basic Oracle services is going to remain low for awhile (see: oraclize.it's abysmal adoption).

If it's only SWIFT and other such partners running their nodes up front on the mainnet, there's not likely to be enough immediate demand there to drive that speculative godl rush.

Great thread. Bless you anon.

Great info. Cheers from across the ditch.

>>11166440

>>11168907
Based drunk anon

>>11169050
>Australia loves stinky linkies. that is all i will say
yeet
shout out fellow Brisbane marines

>>11169979
Sunnybank chink side represent

>>11162580
Because they don't need to and it's likely detremental to the project at this point. Just feel lucky you are here reading this now.

>>11169356
Did he actually tweet this?
>>11170001
based, east side here

Finally a sensible link thread, thanks drunk anon

>>11169979
>>11170001
Inala marine who will be able to get out of this dump once I make it.

Is this thread LARP or real? Fuck it imma believe anyway, I literally have nothing else to look forward to in my life apart from my 11k LINK stack

results = back to 0.33$

PROVIDE
NOT LINK
SHADOW FORK

>>11170240
PROVIDER MALES

Thanks drunklarp for making anons fall for the hodl meme

Well, his prediction is ONLY 100usd per link :/ i need at least 200. :(

>>11170636
just double your stack m8

I believe what he said, but in the end it’s also just all speculation. Big partnerships are coming but seeing 3$ in octobre without mainnet out in this bear market, don’t see that happening. would love to be proven otherwise

>>11170031
He did. Deleted it before the CL ICO.

>>11170688
Does it really matter though? As long as no one beats LINK to the first decentralized oracle network, we are good. This fall will just be about spreading awareness. New projects and mainnet will come online in 2019. We good.

>>11170714
no it doesn’t for me, Well i want mainnet as soon as possible so i can start staking but for the rest i can wait for another year for 10$ link.

what bothers me though is the people with information like AB and this guy spraying around numbres, it makes them unbelievable in the end cause people pay to much attention just to that instead of the rest they said. i’m gratefull for the info but just leave the price speculation away

>>11170701
ginormous if veracious