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/biz/ - Business & Finance


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18034981 No.18034981 [Reply] [Original]

For the longest time I fell for the breadcrumbs. The false partnerships.

The dream of retiring.

Then I realized after 3 years this shit coin was all speculation. A great idea but fundamentally set up to fail as oracles can’t be decentralized.

So many crypto couch analysts that shill on this board YET can’t provide any evidence or context that shitcoin isn’t a scam in non meme format which anyone can make

>> No.18035002

>>18034981
STOP
I can't even..just STOP
Your hurting me frogman. STOP

>> No.18035008

>>18034981
DR;NS

>> No.18035051

>>18035008
of course you wont thats what all the cultists say its part of your cult mantra. just repeat it a few more time and cling to your special token that had 2.5yrs and did nothing accomplished nothing is nothing and just repeat it a few more times like a good cultist

>> No.18035070

>>18035051
DR;NS

>> No.18035074

>>18035051
woah a whole 2.5 years?? WOAH HOLY SHIT. How could anyone ever consider buying something that doesn't make them a millionaire overnight? I bought Amazon in 1998 and sold it 2.5 years later cause I soon realized it was a fucking scam.

>> No.18035125

>>18034981
i got high one day and realized how delusional i was being about crypto. Sometimes you have to be in a different state of mind to appreciate how deluded you can be. It was pretty painful.

I now expect nothing from my "investments" but am hopefully they will generate a return during this halvening.

>> No.18035150

>>18034981
Why can't oracles be decentralized?

>> No.18035191

>>18035074
What kind of retard analogy is that¿. Amazon wasn’t shilled by autistic paneers and is fundamentally real and solves real problems. Meanwhile your shit coin does nothing. Amazon had users. Your shit coin has zero.

>much corporate partnerships
Hey I use amazon to ship my shit too. Does that ,make me partnered with amazon¿

Care to explain the flash dump¿ this is penny wise pump dump 101 and you in breds fell for cartoons

>> No.18035333
File: 498 KB, 1387x640, 1581347974258.png [View same] [iqdb] [saucenao] [google]
18035333

nuh uh

>> No.18035348

>>18035333
checked and rekt op

>> No.18035361

>>18035333
^ cant argue with that..

>> No.18036411
File: 368 KB, 1312x1312, 216two.jpg [View same] [iqdb] [saucenao] [google]
18036411

>>18034981
Who is paying you people honestly. The breadcrumbs are getting even sexier lately no one discusses them anymore because we don't need to. Its over we are heading to a digital trustless smartcontract based society. Everyone is just waiting and the rest are clearly new or got shaken out and don't understand what is happening. Go check the board of ID2020.org

>> No.18036551

>>18036411
how does it feel to be a retard please sign my smart contract to be awarded with a million dollars. Just put your social security bank account and full name . mine will be omitted because smart contract

>> No.18036697

>>18034981
brah you about 2 years late, couldve saved yourself years of agony

>> No.18036698

>>18036551
Imagine calling me retarded. Are you ESL? They are hiring pajeets at .02 per post I guess Yea I must be retarded beating the markets and hedge funds by 45734058490 times over. Maybe you are just retail who didn't buy after countless signs and being spoonfed. God I miss 2018 here which is sad.

>> No.18036768

>>18034981
The problem is that you can't introduce

Say Chainlink works as promised and the oracles all prevent fraudulent data from being provided at the API level.

Chainlink does nothing to prevent fraudulent data from being fraudulent at creation. All Chainlink nodes will just report the fraudulent data as correct and there will be consensus that the fraudulent data is correct, providing a false sense of security.

By trusting the data creator, you are always introducing a mechanism of trust into what is supposed to be a trustless system. For this reason, it is pretty much impossible to get offchain data onto the chain without trusting a third party. By introducing decentralized oracles, you are merely pushing that point of trust back from the API to the creator of the data.

The oracle problem is fundamentally unresolvable and Chainlink is a scam

>> No.18037078

>>18036768
Lmao You literally have no idea how this works. Go read the white paper.

>> No.18037118

>>18037078
I read it. The problem is fundamentally unresolvable.

A third party doesn't become trustable just because decentralized oracles all agree that it's trustable. The data could still be incorrect.

Explain how pushing the point of trust back from the API to the data itself makes importing third-party data any more trustless. It doesn't.

>> No.18037159

>>18034981
>oracles can't be decentralized

Nulink literally had one running in days and its fully decentralized

>> No.18037213

>>18036551
Imagine being this retarded.

>> No.18037363

I get that the satsgang pump and dump team is making the LINK memes and does the shameless shilling on this board.. but who are those faggots that constantly try to fud link? The same retards on weed? Butthurt shitcoiners? BSV pajeets ?

>> No.18038449

>>18037118
Imagine thinking there is only once source for each specific facet of information you are talking about. The instances you speak of there might never be a use for decentralized oracles. The use cases you are trying to frame as an inherent problem for all of it are rare at best and incredibly complex and non-determinstic. The best use cases are deterministic and data is easily acquired and verified; insurance, supply-chain, trade finance, derivatives. Obviously the first industries being used will not have that problem and they they are also the most valuable. I know you want this FUD to stick but it doesn't because you are talking about use cases that don't matter.

>> No.18038522

>>18034981
I sold my 4k for 65 cents. It's not a scam. LINK is unironically going to 1k. and I won't be a part of it because I ruined my future selling and now only have 115k of ONE. Don't ever sell your LINK. EVER. biggest mistake I've made.

>> No.18038642

>>18035333
KEK WILLS IT

>> No.18038860

>>18038449
why couldnt these be implemented through trusted apis such as amazon? or another chain like stellar lumens? what is gained by creating trustlessness where is the cost save to the business or consumer and furthermore how is sergey targeting the otc derivatives market when there are other projects doing just that?

>> No.18038920

>>18038449
>Imagine thinking there is only once source for each specific facet of information you are talking about.
Then I do not need chainlink. I can simply evaluate whether there is an "outlier" source in the multiple sources I have and discard it.

>> No.18039215

>>18038920
Or you could have a formula within the smart contract calculate outliers more proficiently than you..

>> No.18039226 [DELETED] 

(((Discord))) banned the /biz/ server, get in the new one bros
discord gg kjGsbrW
djy

>> No.18039508

>>18034981
I completely agree

>> No.18039877

>>18038860
>>18038920

Trust is being monetized through the decentralized oracles. You can't have a single centralized source controlling the data out puts that's the main issue and where LINK comes in. To everyone thinking this will cost more than what is happening now is incorrect because the savings through automation and running the nodes will be much greater.

>> No.18039912

>>18039877
or having a centralized source controlling the data aggregation for that matter. If you aren't just FUDing and want more information I suggest you go the archives back in 2018. Every facet of this has been torn apart over and over and LINK came stronger each time

>> No.18040078

>>18039912
Moral of the story? Never, and I mean NEVER, bet against autism

>> No.18040155
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18040155

>>18040078
Its beyond autism at this point fren

>> No.18040228

>>18035191
Wtf can’t you use questions marks correctly pajeet?

>> No.18040414

>>18040155
I dont know what the 42 pill is :(

>> No.18040654
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18040654

>>18040414
If you seek out 42 and ask he will answer the call fren. Check the archives...things are coming together and this has already happened sort of.

Follow the White Rabbit

We are all in this together. Godspeed

>> No.18040824

>>18040654
I will do my best anon...I only accumulated a measly 43k over the last two years. I hope we make it

>> No.18040944

Friend,

it is with immense pleasure that I inform you that your letter has found safe travel to my destination and landed on my screen.
However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you,
knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to read it.
Surmising your intentions, I have no doubt in my heart that you sincerely care about my financial well being, but indeed your attempts to convince me
to modify my trading strategies shall regretfully remain futile, as my decision in this matter has been sealed irrevocably and no other voice shall
rock its imperturbable foundations

Sincerely yours,

Your beloved friend

>> No.18040964

>>18040824
LOL you'll be just fine "measley 43K. hahhaaha

>> No.18041001

>>18035333
based and chekeked