/biz/ - Business & Finance

>>12827958
first

bump

>>12827958
In for the larp

>>12827958

It's going to be pregnant sergey

LARP

Heading to the gym now, and depending on how much attention this thread gets, the more I may share. Really depends on the sentiment in this thread.

What is LINK fails and the team does not deliver? I looked up this Sergey guy and it says he has a philosophy major. Seems like a small team. Just pretty much 2 guys, the other is some guy called Rory. How can you be confident that the will deliver anything?

>>12827958
Give it to me

>>12827958
looks like you failed
chainlink will succeed anyway tho

Well, I'm desperate enough to bump even if it's pregnant muslim Sergey.

Non. Stop. Larps.

>>12827976
Uhh it's a gay bath house, not a "gym". If you can't be honest with yourself you'll never be honest with us.

Gibsmedat

>>12827958
This image just illustrates a ponzi.

>>12827958
Checkem. Make dump now OP!

>>12827958

Please op one your our only hope

Bump

>>12827958
this is a comment

>>12827958
Hey op fuck yourself

Nice larp /biz/ doesn’t lift.

>>12827985
if this is another pregnant sergey then LINK is FINISHED

>>12827958
Oh boy! Pregnant Sergey copypasta, my favorite!

Why do you brainlets always bump this thread. How many threads until you learn it is just a larp

Link!

pee pee poo poo
e
e

p
e
e

p
o
o

p
o
o

>>12827958
Gimme

>>12828050
Because this >>12828046 is funny

When you’re so desperate you post in a blatant LARP but don’t mind

memery

Pee pee

>>12827976
tell us then you fag

>>12827958
Fuck you dan, im sure you get a bonus if 100 tards reply

Are

>t. nopants

lets get it boys

ugh I don't even like biz but discord said to leave a reply

>>12827976
Kys stupid faggot muslim man who feels attracted to pregnant sergey

>>12827958
prove it

Link 1000€ EOY!

>>12827958
Have a (you) with some herbs and go fuck yourself.

>>12827958
Op has no ass

>>12828125
junko!
suzuki!

allahu akbar

No larp pls and thank you

I love you all! Can't wait OP.

48 replies? those are some rookie numbers

what’s up sergey’s shirt

Another shitty pasta thread

>>12827976
The sentiment is that you're a faggot and you should stay in discord with the rest of the trannies. Eat a bag of shit.

>>12827958
Love larpers. They make my pathetic life more exciting

>>12827958
Let’s go

>>12827958
Larpers like you make my life more bearable

>>12827958
(You)

Hungry for pasta

Honk honk

>>12828218

>>12827958
Dangle.

>>12827958
give us a teaser

Someone’s shirt told me to leave a comment. So here it is.

>>12828242
Yeah? Well the Nigger Store called and they're all out of Finrekt.

I'll do my part
pls explode

>>12828239
$1.4 Quadrillion

they haven't researched the Chainlink utilized Utility Settlement Project yet. Not going to make it

release the kraken

In Egypt's sandy silence, all alone,
Stands a gigantic Leg, which far off throws
The only shadow that the Desert knows —
"I am great OZYMANDIAS," saith the stone,
"The King of Kings; this mighty City shows
"The wonders of my hand."— The City's gone,—
Nought but the Leg remaining to disclose
The site of this forgotten Babylon.

We wonder,—and some Hunter may express
Wonder like ours, when thro' the wilderness
Where London stood, holding the Wolf in chace,
He meets some fragment huge, and stops to guess
What powerful but unrecorded race
Once dwelt in that annihilated place.

Looks a lot like this graphic from this old post. My guess is this is gonna be a load of horseshit.

>>/biz/thread/12054340

+1

>>12828271
Old news faggot
Just release the info you greedy fuck
Here I'll do it
https://twitter.com/LawSnap/status/1098819710366375936

>>12827958
Fucking pajit

sergeys shirt youre such a faggot. also fuck your discord mods too

>>12827958
Op is a moron

Per pee poo poo

>>12828271
Aren't you supposed to be at the gym.

Larp

Its gonna be the muslim pasta
Every single time

pee pee poo poo

nigger off you uberkike

Kek

Rolling

>>12827958
cmon op, gibs

>https://www.isda.org/2019/01/30/legal-guidelines-for-smart-derivatives-contracts-introduction/

>>12827958
dubs and OP doesn't deliver.

>t. no pants

>>12828349
getting closer

>https://www.lawsnap.com/smart-contracts-are-set-to-transform-the-trillion-dollar-derivatives-industry/

wearing pants

>>12827958
Bullshit

>>12828349
Fucking it, I can't wait any longer. I'm a dedicated marine, I was going to post a close reading of the ISDA document along with the link. But since the ISDA smart derivative's report is rather dense for most, I'll provide some basic outlines to what this document means for smart contracts within the derivatives sector.

Dubs and op delivers new pregnant Sergey

Inb4 SmartPiggies
https://www.smartpiggies.com/

>>12827958
Dump please, sir

>>12827958
Smurf post, no gay muslim please

this better not be another larp

>>12828371
plz post understanding of adams blog am brainlet

As a primer, you must understand the role for the ISDA:
https://en.wikipedia.org/wiki/International_Swaps_and_Derivatives_Association

Taken from Wiki:
"he International Swaps and Derivatives Association (ISDA /ˈJzdə/) is a trade organization of participants in the market for over-the-counter derivatives. It is headquartered in New York City, and has created a standardized contract (the ISDA Master Agreement) to enter into derivatives transactions. In addition to legal and policy activities, ISDA manages FpML (Financial products Markup Language), an XML message standard for the OTC Derivatives industry. ISDA has more than 820 members in 57 countries; its membership consists of derivatives dealers, service providers and end users.["

>>12828271
What connection does link have to derivates again? Maker Dao correct? Sorry I've been breadcrumb hunting since 2017 and I've ready so many link threads that its blurry at this point.

crumbs please quack quack

>>12828380
Prime photoshop material
Someone get sergey's face in there with some bigmacs

There's multiple angles to read into the report published by the ISDA:
1. Riding off the back of the CFTC report on Smart Contracts published in November 2018 for the U.S., this signals that smart contracts will soon be adopted not only in the U.S. for the OTC derivatives markets, but the international markets as well (think $1.4 Quadrillion opportuunity).

I have more...

>>12828420
do you have more than
>>12828357
this
if not gtfo

I remember that Brad Pitt helped two jews to get an ISDA licence in that movie with Christian Bale

>>12828397
>I just watched The Big Short: The Post

ISDA literally rolled out on a silver platter, "Hey guys, we want smart contracts for the OTC markets across the globe...here are our concerns, here is what we'd like the service coverage to address, and here's some issues technical developers must consider when doing business with us."

Do you understand how bullish this is for marines once they get it?

>>12827958

ISDA sets the global standard and bylaws for the OTC Derivatives sector... This is truly mind-blowing.

>>12828446
>$0.44
You're telling me no insiders in the entire derivative industry know about link. Give me one good reason why they wouldn't rush out and buy some link right now?

>>12828446
I think *most* of us understand it, but this is still old news... Derivatives have been the single biggest possible use-case for ChainLink since the beginning. It's in the fucking whitepaper.

>>12827958
Another day, another LINK larp post.

>>12828471
And it's finally getting regulatory support in order to give it obv credibility and acceptance. It's really happening.

>>12828470
You know Anon, I started to believe that it will all be about adoption. Chainlink was never intended to be build on hype or anything. Even for those who are in and know about Chainlink. They will profit because of the services the network will offer. Not because of the short-term speculation on price and PnDs.

>>12828470
Who's to say that anyone within the financial sector with a tech leaning wouldn't immediately get the need for such a service and aren't buying the token as we speak?

I've noticed LINK is now gaining roughly 100 new wallets a day. Pretty soon, 100 will turn into 200, 200 into 300, so on.

We're going to make it. Adoption.

We have known this for like couple days now

https://www.lawsnap.com/smart-contracts-are-set-to-transform-the-trillion-dollar-derivatives-industry/

>>12828500
The news was published, but not many got it got it

Link 1000€ EOY

>>12827996
>ponzi

network effects, brainlet.

Thank you OP.

>>12828508
Bless you anon

https://www.youtube.com/watch?v=BDncbqo7T70

>>12828558
assuming isda needs chainlink, this looks like it'll kick in a good 5-10 years down the road. chainlink has massive room to grow for longtime holding.

>>12827958
Here's a comment for you: you're a fucking moron.
Chainlink, like all crypto, is shit, and you're a fucking idiot for spending your money on it.
Don't get me wrong - you're free to do as you like, but for literally anyone with a brain, from small time investor to financial professional, the sight of you is like watching the neighbor's obnoxious kid leaving his bike parked behind his parents' car. You kind of think you want to say something, but nah...just let 'em learn, not my bidness.

>>12828497
Because Im in top 1000 wallet. I check etherscan everyday for the past year. It moves up 10 spot, then down 10 spots. My worry is superior tech, or industrial acceptance does not equate to economic success.

Go back to the OceanProtocol video, sergey admits
-mainet will roll out without reputation or even that many nodes (just want to start feeding data)
-Freely admits, no idea how much people are willing to pay for decentralization. Derivative smart contracts doesn't mean multiple nodes will be necessarily used, they may end up using 1 single trusted and free nodes.
-Sergey says he doesn't know if intel sgx enclave will work in the long term. He kept saying " i was promised that it would work"

I'm already all in... but it's still huge bet. At this point still a 0 or $1000 eoy thing

Bump

>>12828621
Subtle fud

>>12828613
5-10 years? Dude the ISDA more than likely issued this report BECAUSE of the CFTC's report on smart contracts. I noticed even the UK has had govermental sessions at Parliament on the usefulness of smart contracts for the shipping industry. Support at the highest-levels.

http://researchbriefings.files.parliament.uk/documents/POST-PB-0028/POST-PB-0028.pdf

>>12828558
I FUCKING HATE YOU YOU PIECE OF SHIT, LOW TEIR LARP...WE FUCKING KNOW THIS


*****WE FUCKING KNOW THIS****** FUCKING NEWFAG GET THE FUCK OUT OF HERE


YES CHAINLINK IS DOING DERIVOTIVES HOLY SHIT WOW!!!!!

Did i mention ***WE ALREADY FUCKING KNOW***

NEWFAGGOT


STOP WASTING TIME, DO SOMETHING OF VALUE LIKE FIND OUT WHICH COMPANIES NEED LINK BUT DONT KNOW ABOUT IT JESUS FUCKING CHRIST

Oldy, but goody:
https://publications.parliament.uk/pa/cm201719/cmselect/cmtreasy/910/910.pdf

>>12828665
Topkek
you spelled derivatives wrong, brainlet.

>>12827958
I fixed your IMAGE OP

>>12828672

>>12828708
I can tell two things from your post:
1. You lack the intellectual ability to understand the implications of the report.
2. Due to your lack of understanding, you also want to sow the same belief pattern into people falling for your ignorance disguised as being informed. You don't want them to make it, and you, yourself haven't made it in life.

>>12828735
>not realizing that all debate is just a powerstruggle identical to violence

>>12827958
>I've got info you need
>but I wont give it
>I have to leave for X soon!
100% enraging fake bullshit every time

>>12828750
Is the ISDA shit, too?
Or are you just a tad bit jealous my post has more engagement than your miniminally contrived threads?

>>12828627
Not fud.
-26:00 Sergey says no idea how much people will pay for decentralization.
-28:58 Admits SGX may or may not work, its only a promise right now
-36:30 First version of mainet will NOT have reputation.... they will just start data feed. (like a centralized oracel)
https://www.youtube.com/watch?time_continue=1571&v=XYiEPFRHV9A

>>12828765
You didn't post any proof, you just said reports were released. The reports dont exist.

>>12828738
no I'm just describing the whole /biz/ chainlink community, and it's just fucking horrible as fuck.

we make people who are legit interested in the project run away.

>>12828772
I can immediately spot a newfag to fud. Nice attempt, I can tell you put a lot of time into that post. KEK

Did you know that event was in part sponsored by the European Commission?

>>12828765
******WE FUCKING KNOW******
TELL US SOMETHING WE DONT ATTENTION SEEKER


*******WE ALREADY FUCKING KNOW*****

holy shit


****WE ALREADY KNOW THIS****

NEWFAG CATCH UP

>>12828786
******YOU ARE THE FUCKING NEWFAG******

>>12828816
Nice job sharing old news. Bonus points for breaking down the good this provides for the ecosystem. Bet ya can't do that, can you? Didnt think so.

We’re all gonna make it
https://youtu.be/ku907MHdll4

>>12828010
Is this a true fact? I've gotta read Ford's books. Hes gotta be one of the best engineers next to Von Braun.

>>12828786
Smart contracts will save money, not oracles. A smart contract with a single trusted oracle will save more money than a group of oracles. Yes, it will be more prone to attack and bribe and downtime.... but Jesus himself said he doesn’t know how much (or if) people are willing to pay for decentralization.

I'll give you another nuggest of wisdom:
Did you know Tom wore a Chainlink pin on his jacket during the fireside chat? Heard it here first. Those with the time of their hands can confirm.

>>12828900
That's just Sergey being modest. :)

>>12828878
It's why they subverted the Ford Foundation into a globalist NGO. They gave the same treatment to Walt Disney.

>>12828911
What do you anticipate will happen when mainnent is released? Do you think well see activity and price movement?

>>12827958
im so far into this shill, my only option is to keep pressing forward

Thanks,
OP

>>12828911
i appreciate your dive into isda but i'm pretty sure everyone knew this. tom's been on board from the beginning.

>>12828911
DUBS CHECKED. What's the timeline you think we're on right now?

He
re is another hit from the same OP as the current "Larper" from a previous thread.

https://www.linkedin.com/in/jonas-hal-envisionrisk/?originalSubdomain=dk

Anyone know where this guy fits in?

>>12828911
Timelines are the hopium I need. Wen mainnet?

Also I really appreciate your posts. The ISDA report was an interesting read

>>12828992
He is just a freelance developer with a company in Norway (or was it Denmark?) who decided to collaborate with Chainlink.

>>12829022
He's part of Nova. Definitely not just a rando freelance dev.
https://novatalent.com/

>>12828911
Bollocks.

>>12829056
Not bollocks.

>>12829063
How tf can you even tell? It literally could be anything.

>>12829098
Zoom in, brainlet. Do you want us to see for you, too?

I-is this enough to make it? pls no bully

>>12828900
If they are more than 0% prone to attack, their value proposition falls to 0 brainlet. Such is the tradeoff you make when you elect to use a perfectly deterministic contract. And the reason why this 'small' benefit that chainlink confers vs centralized oracles actually makes all the difference in the world.

>>12829122
What kind of fud are you trying to share, brainlet? The value in having deterministic contracts are the premium derived when engaging in high-value enterprise contracts WITH LEGAL RECOGNITION that operates in a programmable fashion. Do you understand how game-changing this will be? Chainlink is the ALL-SEEING EYE for the incumbent systems to leverage blockchain and dlt in a synergistic fashion.

>>12829056
Told ya so

>>12829063
Based Anon, BASED TOM.

>>12828613
derivatives shipping and insurance on mainnet before eoy

>>12829119
Youre in the top 1,000 wallets faggot

Thabks for sharing OP

>>12829312
No prob, Anon. The Crowd is naturally skeptical, but the aim was to leave quality info which shows HUGE things are underway. Very excited for what's to come.

>>12829371
Yeah...we know

>>12828256
what does this mean
>t.finrekt

>>12829384
kys

>>12829429
stop being a pussy and come find me on twitter #flannelman kek you fucking triggered cucks i love it

>>12829371
sohowmuchtomakeit?

>>12828747
>words are violence

>>12829455
true reddit tier response, fuck off with your pathetic identity subhuman

>>12827958

MAKE IT PUMP U BASTARD

>>12829530
the underlying power of words is violence. thats why nobody listens to neets

>>12829535
C O P E
O
P
E

life has completely bitchslapped you, it won't get better from here

>>12829552
>projecting his wrecked status
enjoy being poor

>>12829631
no
it's buy link or stay poor
fucking brainlet can't even anon right

I just bought 2000 more LINKies. Did I do good or bad?

>>12829643
enjoy your twitter circlejerk

>>12829535
t. nopants

>>12829758
based

>>12829155
>high-value enterprise contracts WITH LEGAL RECOGNITION that operates in a programmable fashion.
So that's a smartcontract. Doesn't address single vs decentralized oracles to be used. Smartcontracts are going to be huge... that does say much about how much people are willing to pay to have decentralized oracles.

Mfw a delphi reposts research done in delphi and is then fudded and admonished by other members of delphi right before other delphees post a series of delphi memes culminating with the best of delphi memes, t. Nopants, on a greek monument cataloging forum obsessed with a philosophy majors attempt at solving the oracle problem.

>>12829155
LINK is not smart contracts. LINK is decentralized oracles. Smart contracts are the oil, people will use it no matter what. Decentralized oracles are the helicopter, people might use oil for something else but our way solves a lot of problems.

>>12829933
fuck off Delphi

I'll post something new, mainnet will be available on May 4th, one of there bigger users has indicated this as a last possible release milestone for them to deliver their product in the 3rd quarter.

Buy as much as you fucking can now, if chainlink don't hit mainnet beginning of May, sell and rebuy 2 months later as there'll likely be publicity with negative sarcasm but hoping it'll arrive soon sentiment from them

this thread was literally an attention grab about a report we all have access to. this place is pathetic.

>>12827958

If you believe in the near future that we will be bridging real world data to blockchains then you need Chainlink to do it.

>>12828772
not bad fud

>-26:00 Sergey says no idea how much people will pay for decentralization.

what's the issue here?

>-28:58 Admits SGX may or may not work, its only a promise right now

literally a couple mins after he says that you don't need to use a TEE and that there are others which you can use.

>-36:30 First version of mainet will NOT have reputation.... they will just start data feed. (like a centralized oracel)

how does a lack of reputation make it like a centrilized oracel?

>>12828911
There was a few threads during the live feed pointing out the pin

>>12830279
Everyone with their eyeballs on saw the pin. You can't gaslight me!

>>12829371

Whats your guesstimate of when all this will fall into place? 2019?

>>12830340
Nah pretty sure what you saw was swamp gas. It's very common in San Francisco.

>>12829849
Your still not getting it.

its not only what they will pay for decentralized oracles but ALSO what the data is worth.

LINK tokenomics is not just about fees and transactions. Its that the token collateralizes the data running through it. This small design is to keep node operator honest.

The data becomes so valuable along with the LINK within the node and forces everyone to be honest.

>>12828911
*******WE FUCKING KNEW THIS TOO HOLY SHIT YOUR NEW TO THIS*****

>>12830225
>what's the issue here?
Are you ok with smartcontract taking off, but the link token never ever moons.

>literally a couple mins after he says that you don't need to use a TEE and that there are others which you can use.
Because he's been selling it as a additional layer of secure CONFIDENTIAL way of doing smartcontracts... now it sounds like he's not so sure any more.
>how does a lack of reputation make it like a centrilized oracel?
Without reputation, any smartcontract creators will only pick nodes that they know or "trust". At mainet launch, CL network, jesus christ of decentralized oracle network, will began providing data feed just like a centralized oracle service. You don't see the irony in this?

>>12827958

This larper didn't even get repeating digits

>>12830415
So a derivatives smart contract creator setups a contract, chooses only 1 node to trigger the contract. If that node is owned on the CL team, because in theory the CL node can put up unlimited tokens at collateral, and everybody trusts Sergey. Are you going to be ok as a node operator, and a fellow token holder? Without contract creators choosing decentralization, the rest of us won't get jack., regardless how much the data is worth.

Imagine wanting attention this bad

>>12829971
>T. Nopants

>>12830527
the whole point of chainlink is a decentralized node network.

Most likely a smart-contract creator will pick many nodes, 10, 20, 30, 100. Get it?

The idea of a contract creator picking only 1 node is nonsensical

>>12830527
The reason I say nonsensical is because it puts the smartcontract users at risk.

The more nodes the safer more secure the smartcontract.

Are you really going to have only one data source with an automated contract worth 2 million USD. Also, that no one is overseeing?

That doesn't make sense. Automation requires trustless data for execution.

>>12829371
WHEN THE FUCK IS MAINNET THOUGH,REEEEEEEEEEEEEEEEEEEEEEEE

I JUST WANT A FUCKING TIMELINE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>12828911
Checked but who the fuck didn't know this? If you were here for the threads you know two things.
>1 Sergey is a sperg sharing the stage
>2 Tom is bananas for link

>>12830663
This anon is right. I want to know when is mainnet. I've held forever and want some legit updates.

>>12830478
>Are you ok with smartcontract taking off, but the link token never ever moons.

The price people are willing to pay for decentralization is only half of the picture, you also have to consider the quantity of people using chainlink in order to determine its price. Only one person willing to pay $1m is almost the same as 1m people willing to pay $1, the difference being the distribution of the payout to operators.

That being said, link is the pioneer of decentralised oracles, it would be pointless to speculate how much people would be willing to pay, given the context of the discussion.

>Because he's been selling it as a additional layer of secure CONFIDENTIAL way of doing smartcontracts... now it sounds like he's not so sure any more.

He still sounded confident in its added security, they literally discuss that for an SGX TEE to be compromised, it would have to be from a hardware issue on Intels part, which is considerably more difficult to exploit than if a TEE wasn't used.

The guy in the front row who was discussing this was talking purely semantics and trying to flex his opinions. The other guy in the front row just wanted to be part of the conversation, regardless if he was talking out of his ass, which is noted by Sergey when he chuckles at what he said.

>Without reputation, any smartcontract creators will only pick nodes that they know or "trust". At mainet launch, CL network, jesus christ of decentralized oracle network, will began providing data feed just like a centralized oracle service. You don't see the irony in this?

Given the limited amount of nodes relative to the number there will be upon future adoption, reputation isn't 100% necessary. In the beginning, people creating low value smart contracts will probably choose their nodes however they think fit, where as large value smart contracts will be limited to nodes which have enough colat to cover their transactions.

>>12830663
SERGEY WHEN JUST FUCKIN TELL US REEEEEEEEEE

>t. Block 478

How are people still so bullish on erc tokens?

>>12830708
its been so long... tfw dont remember what block i am anymore

>>12830727
>so bullish on erc tokens?
Stop and call function.
LINK is hands own the number one prospect to provide the ISDA on a sustainable and compliant re-vamp.

>>12829989
who? and my honest opinion it will be march

>>12830777
Checked. Can relate to that feel

Kek is here with us.

>>12830632
And how you do think fintech does contract settlement right now? They still go to a trusted party for data. With a smart contract, it will be automated. Guppy size node operators won't get jack, if not selected.

He's got his own personal oracle. How big you think his stack is?
https://twitter.com/tgonser/status/1099049077482930177

>>12828085
Poo poo

>>12831108
Fintech does it with a bunch of oversight. The banks confirm it with a bunch of oversight.

smartcontracts = no oversight

Understand now? in an automated smartcontract economy. In an economy in which smartcontracts are triggered depending on the outdcome of other smartcontracts and so forth and so forth...OR smartcontracts are triggered on certain evens....which ever scenario you have in mind, Oracles IS the oversight

>>12831108
Also, your not making sense.

Of course, if you node is not selected you won't make any % fees.

You made the biggest argument for Node operators to stack LINK.

$1000 EOY

>>12831108
>https://twitter.com/tgonser/status/1099049077482930177

Im guessing hes staking 2.5 million LINK

>>12831464
>@adelynsbrap
Fucking kek

>>12831464
that's a cool 2.5 billion in 1 year

>>12830478
>Are you ok with smartcontract taking off, but the link token never ever moons.

Why would this happen. Last bull run literal shitcoins that offer nothing and have never been used went on insane % increases.

There is enough information surrounding link now for it to behave the same way even if there is no mainnet. On pure speculation. Combine it actually being used with previously displayed trading behaviour and we have a winner. But even without usage it has legs given how many connections there are.

>>12828911
kys newfag everything you’ve dropped here is old news
>t. OP is FAGGOT