/biz/ - Business & Finance

I noticed a pattern with people in crypto.
First, they barely understood the POW or currency part of Crypto. Just as they were getting itand buying Nano on mass, smart contracts were the actual moon.
Then crypto normies finally understood smart contracts better, and started buying the smart contract platforms (currently here).
Meanwhile staking was the new thing already. Now they are finally chimping out over staking projects (see Tezos).

meanwhile, the Oracle side and the area chainlink aims to address still obscure and they haven't moved onto it yet, still barely understanding the implications of smart contracts.

This explains to me the lack of hype for such projects. They only really got into chainlink because it pumped, and normies follow a pump.they don't really understand it or its implications yet even if they are aware of it existing due to the large pump last year. This is why it is so easy to FUD on reddit still but not on here anymore.

>>18695866
>on mass
>>18695800
nice double dubs, though

>>18695925

nice virginity

Sell the news...

>>18695967
It doesn't help your case to spell like a pajeet. I want LINK to moon, too

These sideways are making me insane. I would understand if link pumped or even dumped because of sell the news meme. But it didn't do shit, just crabbing forever

>>18696166

Dont get it either.
I noticed a lack of crypto "journalists" reporting this too.
Normies are simply not being made aware of it.

>>18695800
delete this thread...RIGHT NOW

Even biz doesnt get it

>>18695800
Old news. Priced in.

>>18695866
pretty accurate
a friend purchased eth when it was cheap and when i asked him why it was because he saw it being accepted as payment along btc and ltc, to this day he doesnt even know the basics of a smart contract

>>18695800
>>18695866
Chainlink will lead the charge and be the standard; it's first mover, has the most established reputation, and the best economics to promote a decentralized oracle network.

But I suspect that when oracle's become hot it's going to be the nonames that will make legendary profits

>>18695800
>China approved blockchain
Lol Chainlink is now confirmed dead

>>18697630

Exactly.
And i think crypto normies (these are not real normies, as real normies don't even get smart contracts yet) have only just come to a fuller understanding of smart contracts over the past 2 years. Staking which is a level above that is kind of hot now and a few are getting in there which is why Tezos is pumping.

Oracles are definitely obscure and i don't think true normies will ever get that far, they will only be attracted by the singularity itself.
Crypto normies will likely be all about oracles projects after it clears 100$ or something.

I'm convinced that is why Link doesn't do anything reacting to this news. Oracles are too high level of a concept atm for crypto normies to see the implications and understand the big picture and underlying fundamentals, so they dont really know how to react to it or even notice it(it doesn't get picked up on by crypto normie journalists).

additionally, the ones holding Link or aware of it are super easy to FUD both due to this very low level understanding of the project and its implications, and also the 2 year long Biz Fud campaign of misinformation.
They only hold and know it due to a big pump. It could literally be a Shoetoken and they would act the same if it pumped the same.

>>18697800
how much adderall have you taken this morning?

>>18695800
no one fuckin knows m8, this would have taken us to $100 in 2017

In english, Doc.

>>18697800
I consider myself pretty smart and can probably understand smart contracts better than 90% of this board but when I imagine having to explain them to someone like Sergey it keeps things in perspective in that I realize I’m actually probably pretty ignorant.

>>18697959
chainlink is literally partnered with china yet we are crabbing

>>18698016
Thanks. That's good news. I wouldn't bet against China.

>>18697960

It's because the implications of it all are not very... physical. Or tangible. We don't have a relatable example yet. In fact, even those of us who understand it on a philosophical level are only that far. Even Sergey himself doens't exactly know what will manifest in 15 years from this. He just knows the implications of it and how important it is.
The guy who invented TCP/IP did not envision smartphones allowing Zoom classes for schools for free, or something like amazon. but he certainly understood the implications and potentials of the technology, just not so tangible like that.

Same for cell phones. they were expensive and awkward and niche at first. people investing in them didn't envision 5g or 4g and smartphones back then, but they know the potential.

Oracles and smart contracts are like that. Difficult to shill in that aspect or even to tangible put to words. It is definitely a very good skill to be able to do it.

>>18697800
it went up over 2000% in 2 years. what more do you faggots want?

>>18698049
more because only now do I have money to invest

I for one am excited - if link is in on the ground of BSN - it is destined for global domination for sure. imagine link become as big & influential as tencent - it'll be chaos cause of all the memes

>>18698044
60mg.

>>18695800
https://decrypt.co/26693/bsns-chinachain-launches-globally

OP, I just saw this article and came to post but saw your thread.

This is nuts. I didn't know the China "national" blockchain was actually a global platform play.

This shit could replace the US-controlled financial system. And I thought to myself... There's no way they build it without inventing link or using link. And moving fast as fuck to rush this out before any other country, they are probably going to use open source tools when possible instead of reinventing the wheel with all the delays and problems that come with that, like how the CDC tried inventing its own wuflu tests and how that delayed the US response to let everyone get infected.

This is insane.

>>18698044
take your meds, seriously

>>18698147
>This shit could replace the US-controlled financial system
there's no reason it shouldn't interface with SWIFT though through gpi link, just because china wants to dominate doesn't mean they won't do business with martkets that aren't on their payments network, and if they can enact their preferred financial/monetary governance framework and still play ball with those on SWIFT, i don't see why they wouldn't, the west will only switch to their system if it is both a trusted and cheap system

still incredibly bulish for chainlink though

>>18698196

If anything, Link makes that integration extremely easy. trivial if anything. They cant really stop swift from doing so or anything using their network from doing so on a case by case basis

>>18698211
couldn't have said it any better, chainlink is about connecting disparate systems, after all

>>18697656
>that pic
Why did you have to remind me of this :'(

>>18697656
too soon

>>18695800
>Does nobody see the implications of this?
There is a 90% chance that this is just some bureaucrat's techno-posturing, and another 90% chance that this red date company itself is also just posturing to take advantage of the china gubment through meme hype buzzwords. I mean they didn't put fucking "red" in their company name for nothing.
I don't see why china would be different in this respect than the west.

>>18695800
The space is still too dumb to understand. This is a blessing in disguise. We already made it.

>>18698894
if we had Chinese anons to find some chinese resources to find mention of Link it'd be good

>>18698985
This is another thing right, it's so easy to hype/pump shit based on china/india/venezuela because literally nobody we trust is actually there to see if it's real.

>>18699044
Only the makers and shakers there know if it's real or not, speaking of such things is not in their best interest, so they won't.

>>18699044

I speak some Chinese and i just tried googling it so didn't find much. but in all honesty >>18699102
is kinda right on this.

We'll have to wait and see. it'll be apparent from network usage if it is legit.

>>18697800
well every step takes a solid understand of the steps below it is my theory
Say they have a loose concept of btc as a currency but no real understanding of cryptography and the PoW behind it.
The same goes for smart contracts and ethereum. Its easy to understand the "contract" part but ask why or how this is useful and there will be no response.
The majority have no interest in learning the deeper mechanics that operate under the hood per say. For staking it is simple to understand it as gaining interest on a principle investment. Again this doesnt fully cover the hows and whys but its simple enough to get initial interest which most do not follow up on.

Now we come to oracles, especially the concept of a universal decentralized one. This require a deeper understanding of the mechanics behind cryptocurrencies... what truly makes them useful i.e. btc isnt just useful to send money from point a to point b it offers security against many threats and alternatives to a system that is imperfect.

Ive found it very challenging to explain decentralized oracles to others for this reason. Its nearly impossible to explain to someone the potential benefit of having a working decentralized network in the first place so then by trying to incorporate how a decentralized oracle network could be valuable to companies whom are already (((trustworthy))) while incorporating concepts such as crypto tokens and smart contracts it becomes even more of a challenge

>>18695800
any marines holding Cosmos? it seems to have the highest staking rewards of all the major contenders (Tezos, Algorand, ETH 2.0, etc). should I buy a stack?

What are the best resources for understanding the implications of crypto, smart contracts, and oracles... to go in-depth so to speak?

>>18699310
for double digit niggers
my theory
level 1 = deep understanding of decentralized networks and its benefits vs centralized networks
level 2 = understand working of cryptoCURRENCY
level 3 = smart contracts
level 4 = Proof of stake
level 5 = how to integrate this all into the real world and harness its potential benefits = decentralized oracles

most will never really pass level 1. Without this knowledge it is impossible to advance to the next level as an early adopter. Those that are able to truly understand the value see where this train is going and get in early. Those that dont will buy late in the game (or sell early), same as they did for every other moonshot

It is only when one truly understands the value behind something they then have the balls to take the risk and buy it before its a moonshot and then hold it until its potential is reached.. selling early is just as bad as buying in late

>>18695866
Yesterday I saw a video on youtube that did TA on Chainlink. The guy was saying he was now a Chainlink maximalist and how crazy the chart looked and he was going to buy on the next dip etc.

The guy has a crypto channel and had no fucking idea what Chainlink was. He kept saying that Chainlink is a blockchain that can be used for swaps.

We are this early

>>18699378
4th industrial revolution Klas Schwab

who knows if current cryptos will be the ones in use decades from now but one way or another the technology will lead to a new revolution.
old revolution: factory= foreman with 100 working producing 100 units of a good per day changing to 10 working utilizing technology to produce 1000 units of goods per day

new revolution will be the same but instead of using technology to replace "dumb" it will be replacing "smart" workers... to put it simply

>>18699310

It's like trying to shill email back in the day i guess.
"why do we need information that fast? we have internal teams handling it already, and divisions for this, and we already compile it and send weekly information to other branches. how will doing that instantly vs 24 hours save us so much money? it worth spending all this time and money on setting it up"

Or maybe even trying to shill internet shops was like that. "everyone wants to see what they get before they buy it anon, who wants to order online without knowing what you will really get? and how is that secure, it could be some hacker! I can TRUST big retail outlets."

>>18699378
Philosophy

>>18699378
https://bitcoin.org/bitcoin.pdf
https://github.com/ethereum/wiki/wiki/White-Paper
https://link.smartcontract.com/whitepaper
browse through the associated wikis and/or investopedia to answer any questions you have
abstract of the abstracts:
bitcoin moves money without having to trust a bank to do it for you and the movement of your money can't be arbitrarily frozen, bitcoin leverages public key cryptography and a new technology/data structure (11 years old now) called a blockchain to achieve this

ethereum does the above and works like a computer too: events (conditional logic) other than direct user authorization can trigger actions on the ethereum, which can in turn trigger events outside of the network, you can write programs (smart contracts) that listen for real world events to trigger uncensorable payments, e.g. flight is late => flight insurance pays out

chainlink connects ethereum to real world events and other similar systems without sacrificing the security guarantees that bitcoin and ethereum offer, without chainlink the chief value proposition of smart contracts is ultimately unachievable

>>18699427

This is why i dont give a fuck about twitter normies or whatever.
90% of them only know of Links existence because it pumped so hard last year, or because it's chart looks so nice.

As soon as the chart (say, after about 365 more daily candles) starts to look worse perhaps at 10$ or 90k sats, they will sell and move onto the next thing, all while never really understanding Link that much other than typical normie surface understanding. The are not buying Link, they are buying the pump and the chart. Most of them wouldn't have the balls to all in on it forever like autists here have since 20cents when the chart looked shit.

They'll sell early because the next beset thing/pump/chart will make a wave, or take profit way too early etc.

>>18699378
also blogs.chain.link

>>18699427
kek yea can't remember his name but it's pretty interesting that he thought the chief usecase was a token bridge

Additionally Link always has very violent shake outs and i think it is for this reason. lots of normie pump buyers come on its extreme pumps, and get flushed out by stomach churning(for them) corrections.

>>18699496
Yes this is a great metaphor to use.
Then to really drive the point home tell them how investment firms that started utilizing email early to send data from coast to coast started killing firms that used snail mail.
Eventually leading to firms buying up the space closest to NYSE computers and paying ridiculous amounts for direct fiber lines in and out to cut mere milliseconds off the data transfer times.

What will the example be for chainlink or crypto that people decades in the future look back on and say wow look at those idiots who turned down the chance to save/make billions because they didnt want to adapt?

>>18699496
Partially agreed but this is also a bit of a "people thought Galileo was wrong but he was right, people think I'm wrong therefore I'm right" kind of argument, if you catch my drift.

Thank you, everyone, for dumping resources.

>>18699830

thats kinda the point. If it wasn't that too it wouldn't be such a lucrative opportunity because it would be obvious to everyone.

thats why we linkies called each other deluded till breadcrumbs started manifesting.

>>18699546
Kek.. less than 0.5% people will actually understand shit if you put it like that

So... I should buy link?

>>18699974
yea should have made it more analogy based, but im not trying to explain to shaniqua here

>>18700008
Go back to rdditt faggot

>>18699546
dude as a brainlet and someone that only now has money to invest I thank you a lot

>>18700205
Always do your own research and be sceptical
Be aware that there are fud and hype cycles on biz for chainlink, and we are currently in heavy fud season.
This doesn't mean that you should trust my word that it is fud, but if you do your research well you can usually see right through it

>>18700346
This time i will remember to sell when taxi drivers are buying.

>>18700369
if taxi drivers know about chainlink we're already past 10k eoy

>>18697656
too soon anon

Dopamine running low, is my 50k stack enough to make it? Why didn't I buy more? Instead I cucked myself on hotels and clothes courting my now wife. All the money I've spent on her could have left me with a bit over 110k. I have 8kusd in emergency funds and will get 3.5k payout from leaving my last job within the next two weeks. I know timing the market is always a bad idea but I want to get as much as I can. When moon? Wen steak? It's got to the point I'm considering degenerate shit like using aave to make up the difference after buying to get my 100k, risking victimization by 2x leverage. I just want to make full bird or brigadier general. I don't want to get bullied at the yacht parties.

>>18695800
As soon as this came out, a whale starting moving hundreds of thousands of Link tokens at a time in a dozen or so transactions in rapid succession.

So I wouldn't say this is being ignored lol, it's being suppressed as hard as humanly possible.

biz still falling for muh china hustle
pathetic

>>18695866
High quality post
Big brained digits

>>18700591
that could be related to BSN. It's clearly a whale, but it might be related to actual usage.

supposedly that network is live since today.

>>18701112
> Link partnered with China
> No evidence a part from some articles
> Supposed be be live
> See above still no evidence
Gee wizz guys I wonder why no moon. We need concrete usage anyone can be linked to.

>>18699974
Really. That was essentially my understanding of the three and I'm only involved because of link. He seems to have explained it quite well? Or an I just autistic

>>18695800
I sold 10k link for ETH today so OP is right

>>18701463

shit rhetoric. Any genuine scam coin would pump hard on this even if it was fake news. thts how they work. If link was a scam it would have an organised pump along with that china news.

>>18698330
story time?

>>18701794
Being this new

>>18701112
OP lets put the cocks down for a second and take out the dildos from your asshole and think for a few minutes.

Link was never intended for normies, if it was you wouldn't have experienced this slew of steaming shit fud since it was created. Any person who fully understood what link is immediately began fudding because they know NOTHING they say or spread will affect this project. Think of it as a great filter.

Without going down the schizo rabbit holes on the memetic aspect of this project, the simple business model is not aimed at "investors" and in no way was meant to make plebs get rich but through some sheer amount of luck, lets call it destiny, it grew a following here.

Enough about philosophy, let's get down to /biz/ness (see what i did there i used this boards acronym as a word pee pee poo poo).

Now the end participants of this network are massive f500 and f5000 throbbing cocks the kind you are not used to. I'm talking cocks as big as several small states and even countries.

All of these big bois have a fiduciary obligation to increase shareholder profits. Now along comes link a project that offers this opportunity with the alternative being that if you do not join, the other big bois WILL RIP YOU A NEW ASSHOLE AND GANG RAPE YOUR BUSINESS INTO THE GROUND AS THEY CUT TREMENDOUS AMOUNTS OF COSTS AND SHIT IN YOUR MOUTH.

This Darwinism mechanism will usher in a new era referred to as the 4th industrial revolution because during every industrial revolution some breakthrough arises that allows literal who's to gain inter-generational wealth like the railroad rushes during the first industrial revolution and Google during the 3rd.

You are on the cusp of witnessing the 4th launch into action and you are asking about the importance of some retarded normie faggots on some normie platform.

I urge you to consider a change in perception as the one you currently hold will not make you strong enough to maintain your position. (1/2)

>>18701962
>Any person who fully understood what link is immediately began fudding
and yet here you are shilling

>>18701962
>you were never meant to invest in ChainLink!!

Then why did they do an ICO and their shitcoin is traded on 100 shitcoin exchanges...?

Why wouldn’t they do an accredited investor ICO?

Stop constantly exaggerating ChainLink. It’s just another shitcoin project that seems to have some promise that has yet to accomplish anything like the entire ahitcoin space.

>>18701962
Anon, that line of thinking is just a way to keep the slave class toiling.
Any great invention that holds the potential to upset the apple cart will be denied and it's inventors removed.

>>18701794
>>18701762
Now the reason of my persistence on your change of perception is a simple realization that we are all inter-connected in this life and a domino effect is present around us at all times.

Whatever destiny awaits you has led to this interaction which you are reading, not from a person but from a thought arising in my head which is simultaneously your head (no not cocks focus now).

Whatever your final decision will be up to you, but you have been given an insight, a voice in your head so to speak, forever imprinted into your subconscious.

As an anon interested with statues once said, "If you sell your link you are only holding it temporarily for its rightful owner" (2/2)

>>18701962

Arguable, but I think they probably wanted at least a few randoms to accumulate some Link to ensure decentralization. they just didn't shout about it and through it in the wind instead.

>>18697960
>>18698044
>It's because the implications of it all are not very... physical. Or tangible. We don't have a relatable example yet. In fact, even those of us who understand it on a philosophical level are only that far.
Both of you guys need to get off your giraffes and humble yourselves. These applications have been discussed for at least 3 years since I've been on this shithole of a board, and most definitely longer before that when ETH was just taking off.

Smart contracts == contracts that are automated and trustless. Trustless == You can't weasel your way out of a commitment. Automated, self explanatory.

What this means is that if you have a deal with someone that they'll do something for you if you do something for them, you don't need to worry about them walking away from their end of a bargain.

Real life example: Insurance. Insurance companies will fight tooth and nail to get out of paying their dues. This happens EVERY SINGLE TIME there's a hurricane in my area where car insurance companies will delay, give a hard time to their customers, or flat out not bother. Medical insurance companies too will fight tooth and nail not to pay what the contracts says they'll pay. Smart contracts address this by removing the human component out of the equation. As soon as confirmation that X,Y,Z factors are in, boom, automatic payment. You should understand Chainlink plays a role here.

Real Life Example 2: New payment schemes. Smart contracts are essentially "If X, then Y". As long as you have the inputs and outputs, someone can get properly compensated for their work. Ari Juels' lab has someone working on a project that uses satellite data to monitor select Forests with the intention of plotting their growth and if they meet a certain standard, the local planters and ones responsible for maintaining the forests will get compensated. No need for human intervention.

Continued...

>>18702086
Holding link doesn’t ensure decentralization. The majority of tokens are centralized anyway.

>>18699374
answer my question niggers. is Cosmos based or is it chink scam?

>>18702105

These are very easy examples though anon. These are the go to examples for smart contracts and some tangible way to use them.

Just like email was the most easy to visualize use of TCP/IP. hence it being the first.
Nobody back then visualized Amazon, google maps, 4g smartphones, online lectures to hundreds of students for free, Youtube or, to go even further blockchain itself.
These ideas were in no way foreseeable, but the early visionaries knew of the potential for something to created later from them that they couldn't envision just yet.

thats more my point. We are kinda there. Some shit will be made from Smart contracts that we cant even imagine yet.

>>18702105

Future Goals: The intention of smart contracts is to distribute the wealth as smart contracts have the ability to replicate COMPANIES.

Uber? Why have a middleman taking a cut of every ride when you can replicate that same platform with a smartcontract to connect drivers with passengers?

Youtube? Why have a middleman for a videosharing platform where they take a cut and have a nebulous criteria for what content creator gets monetized and what does not when you can have a smart contract to facilitate the platform of videos and have a set and transparent monetization scheme for all content creators. Take the human component out!

And the list goes on and on and on. You guys need to read read read and have an imagination.

https://blog.chain.link/44-ways-to-enhance-your-smart-contract-with-chainlink/

And we have another topic right now that's a big discussion on the potential of smart contracts.

>>18692893

This isn't called the 4th industrial revolution for nothing. We're going to see industries devoured, braindead repetitive jobs lost between blockchain tech and AI.

>>18702201
>Nobody back then visualized Amazon, google maps, 4g smartphones, online lectures to hundreds of students for free, Youtube or, to go even further blockchain itself.
>These ideas were in no way foreseeable, but the early visionaries knew of the potential for something to created later from them that they couldn't envision just yet.

BULL SHIT. They couldn't have been made if no one visualized them. People did talk about having a P2P e-currency where you didn't need to know the identity of the recipient, the old geezer George Gilder talked about having TVs on your hand, basically the smartphone back some 30 years ago (and people want his opinion on everything nowadays when he really doesn't know shit about the blockchain).

https://www.youtube.com/watch?v=rWRbTnE1PEM

Start reading what people have said before in the past and start being imaginative about the future. Smart contracts allow you to piece together Rube Goldberg machine-esque virtual contraptions. Thanks to IoT we have the tools to connect the virtual world to the real world so shoot the breeze and keep visualizing what you want in the future.

>>18702318

I agree. some people had a loose idea, but TV on hand? that is a huge difference compared to a smartphone with internet connectivity and the endless host of abilities you can do on it anon. cmon.
Many of the potentials of smart contracts we can't really see them yet, they are bury at best. However, that is almost the best part. al lwe know is chainlink is central in this process of possibilities, and we can at least see this potential of what it can bring even if it is blurry.

>>18702318
The web was growing 2300% per year.

Smart contracts are still not growing. Blockchain has been stagnant for 3+ years.

>>18702454
No, he talked about basically the components of the smartphone today on your hand. There's a field dedicated to what you believe is impossible for humans, futurology.

>>18702598
Chainlink bridges the web to blockchains. What do you think will happen to smartcontracts then?

>>18703189

interesting. Will have to look more into it.
I dont doubt it entirely. It's more that we all know the future is not crystal clear and we are fools to think so.
No doubt some visionaries live among us. Bezos is probably one himself, even if his vision may not have been quite as profound as the guy you mention for example. Bezos had the business sense to pair it which is why hes rich as fuck.

Sergey is an interesting figure himself for this reason. He has the vision, kind of like vitalik, but hes not shrouded and clouded in autisim limiting him, and he has the business sense and professionalism too.

>>18695800
There was a thread last night man about all of this. Lol

bullish for freedom that the communists chose the system that can't work

https://youtu.be/K1N9yE_I1ng
https://youtu.be/QJ1DTeexpvA
https://youtu.be/MwGRfJ0L5eQ
https://youtu.be/moA7KASx3WE
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3265157
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3160279

https://patentimages.storage.googleapis.com/ec/ed/00/e98927885825b9/CA3013173A1.pdf
https://patentimages.storage.googleapis.com/35/6f/c7/a253a63926e1b7/WO2018078584A1.pdf
https://youtu.be/mOLiwmudaws
https://nakasendoproject.org/Threshold-Signatures-whitepaper-nchain.pdf
https://youtu.be/GUg2mocV9TI
https://medium.com/coinmonks/access-external-data-from-bitcoin-smart-contracts-2ecdc7448c43
https://nchain.com/app/uploads/2018/09/Rabin-Signatures-in-Bitcoin-Cash.pdf
https://youtu.be/5_G0mY9Pqz4
https://medium.com/@Stas33496115/bitcoin-script-engineering-part-ii-ba8095f093c0
https://craigwright.net/blog/bitcoin-blockchain-tech/neural-network-threshold-oracles/

https://youtu.be/UFDCC6sRDr0
https://youtu.be/hbDumta-yXQ
https://youtu.be/0eXmW9jJIHw
https://youtu.be/EWSfCI-VRLc

>>18703387
hardly any replies and very room temperature. /biz/ ain't what it used to be
>All I can say is congratulations. We fudded this shit into obscurity for so long that it's actually worked.

>>18702140
So it btc but you would argue that it is decentralized no?

>>18703403
all proven fake already my dude. DYOR newfag

>>18703441

Oh like the "considering" faggot is here with his usual repetitive pictures and shitty fud

>>18695800
Hello. OG Linkie here. The reason is simply that every China partnership is some weird scam. There is no need to even look at them.
No? Name a single muh Chinese crypto partnership that worked out. Remember NEO? You probably don't.

SIRGAY BETRAY

>>18703441
>>18703484
pic related ends communism

>>18703511
Chinks are doing wonderful things in Kenya.

>>18703403
should also add this https://youtu.be/IsPaQBLLncA

fuck link

>>18703417
BTC isn't "decentralized" based on token distribution retard

>>18702212

>>18695967

>>18697648
If you bought when link WAS a noname, it will make you legendary profits

>>18695800
>Link announces staking is live when it's already a foundation of BSN.
Nobody knows if chainlink

>>18703811
Nobody know if chainlink. Will announce steak. Buy bitcoin

You linkies think this is bad. How the fuck is this being ignored. My guess is biz is 90% reddit now trying to offload ripple and Cardano.

>>18703838

zeno is ignored because all it has going for it is "jack Dorsey"

so fucking what?
Chainlink has some iron hard fundamentals and its an intimate part of the future of smart contracts. it doesnt even need celebrities or any names to endorse it. its fundamentals are just that important it speaks for itself as a project.

>>18704002
So, how many to make it.

>>18703784
Still is a noname. 100k wallets. Kek

>>18704002
This.. I'm not sure if zeno is actually related to Dorsey or just a biz pnd scam but even if it is, Twitter is related to Dorsey and has been struggling. Just being touched by Dorsey doesn't seem to be enough. It would probably be a better shot than a random shitcoin but link already is a very good shot imo.

>>18699378
https://twitter.com/CryptoDavid_/status/1244720066790412288

>he

>>18695866
This man is my hero. I love you with all my heart.

>>18699421>>18697800
>>18699550

You faggots need to quit blowing your own dicks.

>>18703371
Lurk more newfag. You type all of that and say nothing

>>18702055
>Then why did they do an ICO
Buddy, most of the Link tokens were sold at presale, where the minimum buy-in was 100 ETH.

People had to pool together to buy into the presale.
Only like 3 million were sold at public ICO.

>>18702318
>BULL SHIT. They couldn't have been made if no one visualized them
You're legit retarded.

>>18702598
>Blockchain has been stagnant for 3+ years.
3 years ago we didn't have the Fed, ECB, French government, etc. talking about a virtual blockchain currency.
Or Facebook, the Chinese government, ... diving ass-deep into blockchain.

>>18703441
That faggot has a crypto fund with a buy order for Link at $1.21.

>>18697648
>it's first mover
LOL there is no first mover advantage. The technicals are relatively trivial to implement and there is no network effect to speak of.

>>18698842
>>18700440
Oldfag s :’)

>>18695800
Chinks cannot be trusted.

>>18707978
>there is no network effect to speak of.
Of course there is.

>>18695866
>normies follow a pump
Pretty much this

>>18695866
>on mass
It's En Masse you illiterate fuck.

>>18708013
Yeah? CL has a nice big network, does it?

>>18708784
It's coming along yeah.
But I was talking about the network laid out in the whitepaper and subsequent papers.

Because youre cherry picking you dumb faggot nigger fucker

Cosmos is mentioned 4 times in the article. Its obvious atom will play a huge role in BSN, while link is mentioned only once.
Cosmos is a lower market than link, yet it plays just as big of role as Link in BSN, so by your logic, we should go all in ATOM since itll play as vital role as link and has higher growth potential
>um, no. ATOM is a shitcoin UwU
then why is it mentioned alongside link in BSN
>um, um. Theyre just being nice, link will play a bigger role eventhough its mentioned once

yeah, youre a bunch of selective faggots. And dont give me that they are using Cosmos, but not ATOM. If that was the case, then i could say they are using ChainLink but not LINK token
bottom line. The fact that linkies are bullish only for link, but not atom from this tells me the article is not significant at all. Because if it was, you would switch Link for atom since it has greater growth potential.

But you wont, because this article is a nothing burger and you are biased towards link.

fuck yourselves.

>>18708809
>It's coming along yeah
Unironically what makes you say that
>I was talking about the network laid out in the whitepaper
That’s not real tho. We’re talking about FMA

>>18708982
>Unironically what makes you say that
The fact that the network keeps growing, with more nodes and users added on the regular.

>That’s not real tho.
I know that future-oriented thinking is absent in subhumans, so just leave it to the white man, ok?

>>18695800
>Chainlink
>Chnlink
>Chink

wiggers are retarded low IQ apes, it was in the name all along

>>18695866
Don’t worry twitter scum is taking care of that.

>>18697800
Nah you fucking idiot. With the case of link normie money doesn’t pump it. Actual usage will. To shill it to every “normie”(which you are) is so counter productive it’s not even funny

>>18709096
>With the case of link normie money doesn’t pump it.
Of course it does. That's what's been pumping Chainlink so far.

Normie money is also largely what launched ETH and BTC go from cents to thousands.

>>18709048
Is there anything more disgraceful left over from 20th century than the substituion of animal fat for hydrolised plant fat in mayonaise.

>>18709109
Short term pumps are so short sighted faggot. Stop using the word normie like you’re not one. Go back to twitter

>>18709135
>Short term pumps
Link's been on a constant uptrend since mid-2018, what in the fuck are you talking about.
Also, BTC and ETH did not have "short-term pumps".

Whatever kool-aid you're drinking, lay off it.

>>18709027
>more nodes and users added on the regular
“The ChainLink network currently has usage” said no person ever

>a white paper is my FMA
>a fucking white paper

>>18709143
>“The ChainLink network currently has usage” said no person ever
Actually, said Synthetix, Loopring, bzx, ... and all their users.

>a fucking white paper
lmao, so go buy a project that's already completely finished.
See how much money you make.

>>18709141
>muh constant trend

So has btc,again go back to twitter

>>18709152
>So has btc
Yes, I literally said this in that same post you're replying to.

BTC also trended up for years largely on normie money.
That's my fucking point.

Fuck you're actually braindead.

Just stop shilling it anywhere, it's not that hard. Just keep buying it and say nothing, are people really this mentally weak they need validation on how they've spent their money?

Buy. Stop shilling. Stop creating these threads. Please

>>18709167
>he doesn’t know what tether is
Go back to twitter

What’s funny is I can point things out to you and know your response. It’s like a script. You never have an idea of your own you just take things you have read and repeat them.

>>18709189
We need another fud campaign. The issue is twitter shit lords constant shilling

>>18709201
>muh tether
Normie money is what pumped Bitcoin.
And ETH.
And normie money is what has been pumping Link.

Normie money is also what institutions lust after and run on.

>>18699427
Diy investing

>>18709212
It's funny because anyone shilling without memeing are either poor pajeets or brainlets that don't understand what they're holding.

I wish they were held off for so much longer.

But there's a positive in this, they'll be the first to sell. Way too early. So that makes me feel good

>>18709247
You are the normie you nit wit.
Also you weren’t around to know what you’re talking about with they way that you answered. Go back to twitter

>>18695800
Its quite well established in crypto that anything in China is a scam. You must be very fucking new.

>>18709275
Normie money is what made Bitcoin and ETH moon the way they did.
Trying to keep it out is retarded.

Google Cloud started shilling Chainlink almost a year ago, blowing the gate wide open for normies. And you've been trying to unring that bell ever since.

>>18708850
>no replies
guess Linkies got btfo

>>18709332
You are the normie

>>18695866
There is a literal "chainlink army" on twitter deluded nigger, you're at the top.

>>18709374
I bought at 11 cents.

The only reason you're so desperate to fud is because you're a poor newfag who was late and needs more time to "accumulate".

>>18709377
>Chainlink still in early restricted mainnet stage
>Oracle integration around EOY
>"th-this is the top!"

>>18709333
Checked but CL would stand alone without BSN, it’s icing, that’s why

>>18709398
No you didn’t. You wouldn’t make this thread and write the way you’re writing nufag. Go back to twitter

>>18709096
Actual usage won’t pump it, because there is 650 Million tokens reserved for the actual usage and they won’t ever enter the market, because they will be traded OTC. It’s literally in the whitepaper.
The 350m currently on the market is what decides the price. This means unless the normies buy in it will never pump.

>>18709412
>No you didn’t.
But I did.
I joined a pool for the presale and get in on one of the early blocks for the ICO.

Keep trying to make up for being a raging newfag by trying to suppress a project being actively shilled by Google Cloud, Oracle, ETH, ...

>>18708296

Hows the virginity

>>18709150
Network escape velocity reached?

>>18709426
Yeah because people that know French are known for not having sex

>>18709433
C'est la première fois que tu dis la vérité là, gros pd.

>>18707987
newfag

>>18709438
Network escape velocity not reached then, got it

>>18709448
‘07 reporting in

>>18709465
also '07, so newfag just like me

>>18709433

Yeh people on a Mongolian basket weaving forum That feel the need to only contribute a grammatical error correction out of a long 150 post thread when it was clearly already understood are likely quite autistic hence virgin

>>18695800
>This is one of the biggest happenings in crypto so far even without LINK
>LINK
>being relevant or big for crypto
how to prove that you are retarded and your opinion is worthless in one easy step

>>18697648
>Chainlink will lead the charge and be the standard;
>3 years
>0 users
>KYC centralized oracles
>basic pajeet tier coding
>worthless token
>solves the alchemy problem turns silver into gold
Nobody gives a fuck about your chainshit lmao get fucked linktard

>>18709499
Dude, how can I put this gently, you’re not gonna fucking make it

someone give me more shill points from the linkies to find fud for

>>18709612
>0 users
>doesn’t know about Synthetix, Loopring, bzx, ... and all their users
>doesn’t know in general

>>18709680
The network currently has usage

>>18709680
Imagine actually thinking you have any impact.

Remember Jessica? /biz/ was plastered with fud non-stop for 24 hours, even spilling onto Twitter in a big way.
And then Link pumped. Against the market.

>>18709815
thanks. ill research that in archive today

>>18709846
dont care about impact, just want to prove link is technically shit. This is just part 1
after this infograph, i will make one specifically for every single partnership shilled here

>>18709861
Imagine being this obsessed.

>>18705610
O ffs is dragoncoin 2.0 out with something something Disney scam?
Like Disney stock is not fucking compost anyway let alone some fake news crypto scam trying to go something Disney. At least lets have some new pathetic scvams

>>18695800
chinkscamcoins. The king of pozzed cryptoscamming.

>>18708012
>Chinks cannot be trusted.
This, especially in crypto. Every chinkcoin has been a flat scamfart with chang hype glitter and then an exitscam. Not one exception

>>18695866
Chainlink is on a whole other level to OPs scamcoin always was and always will be as was/is eth everything else can fuck off

>>18709846
I thought tether didn’t have any effect on the market?

>>18710003
what?

>>18709846
>Remember Jessica?
Explain

>>18710100
A few weeks ago Chainlink partnered with Celsius, a company run by a guy who helped invent VoIP among other things.
One of the chicks working at Celsius apparently did a porn at one time, so /biz/ (and even Twitter) was absolutely wall-to-wall with fud about how this was the end for Chainlink.
This went on for at least a full day, and then Chainlink pumped against the market.

>>18709873

He is the most pathetic poster ive ever seen on biz. Even pajeets are at least trying to make money.

He is spamming on here in his easily identified writing style from the moment he wakes up to the moment he sleeps

>>18710169
>wah, people disagree with me

>>18710132
Kek

>>18710132
To be fair, while celsius was bullish the memes from that were pretty top notch

>>18709465
>>18709489

Shut up roody-poos.

>>18708850

Most people holding Link don't care about any other coin at this point even if they look bullish. Link has a very high number of anons who are all in or almost all in and just waiting for 1k EOY and dont care about anything else because they already have 10k stacks.
You have to remember, Link was explored and shilled while every other shitcoin was mooning in bull mania back in the day, and Link was the ONLY coin that didn't do shit. anons still went all in on it and largely missed out on other gains because they knew the project was fundamentally the best and most important.
Why do you think anons with Link are suddenly going to chase after something else after going through that when they know its a matter of time?

Atom will likely to well out of it too. where in my OP did i infer otherwise? you are going on some long autistic strawman argument mate.

>>18710363
>spending months obsessively fudding a project you don't like every single day in every single thread with extensive research and preparation
>"I-I'm just disagreeing"

>>18710541

I know right. lmao.

Back in 2018 Dec/January i got caught in the Vechain chink scam. I actually made 5x off of it even though i didnt sell the top as i got in so early.
I realised it was a scam. However I didn't go on some long months-years long autistic mission to try Fud it even though it was actually a scam.

This guy is fucking weird. I think he has some fantasy about how he can say there was a massive FUD campaign and he priced out normies or something when in reality he was the only person doing it and it didnt effect the market at all. some fucking weirdo.

>>18710582
>I think he has some fantasy about how he can say there was a massive FUD campaign and he priced out normies or something
Either that or he genuinely missed out on Link while holding some shitcoin that's still at -99% from the January 2018 peak.

>>18710505
It makes much more sense to buy good smaller cap coins and reinvest that moon into link. I caught the tail end of UBT and 3x my link stack. Holding would have got me fuck all, but you need big balls to trade

>>18710739
>it makes much more sense to gamble on garbage rather than hold the chosen one
Yeah, nah.

>>18710739
>chasing random shitcoin pump and dumps, risking your ticket to financial freedom instead of DCAing into the god protocol
NGMI

>>18710739

Im not disagreeing here.
The logic is sound. But for most, it rarely works well. Also, we know Link moons violently and rapidly at random moments. you could make gains but then end up buying back in for less or the same Link. This has happened so many times to people.
If you can time the market you are god on earth. most people cant. holding Link is clsoe to a sure thing, so most of us from back then with 10k stacks or more just wait patiently now.

I cant remember who said it but some investing god buffet i think said "it doesn't matter when something will happen as long as you KNOW something will happen".

>>18710739

In fact i have a fucked up story.

In march 2018 I realsied the oracle problem on my own. Gave up on crypto.
Then i aw Link shilled and i realised the answer was here and i knew this was all i needed. Kept an eye on it, bought a 10k stack and was about to all in for 140k stack.
Then i thought i could trade on bitmex for a few months, as mainnet wont come for ages, and buy back in with gains for like 300k stack or something.
It went well and i made a lot on mex, but then i lost a lot. and had a bad streak. This compounded by Link going up from Aug 2018 right till March 2019. I finally bought back in at march 2019 a few days before mainnet announcement lucky as fuck, and now i only have 28K link.

If i had just went all in with 140K link i would have beat the market and had more link... I learned a fucking shit lesson through that. Timing the market is for retards.

>>18707917
Yes we did. We had even more corporations talking about how “revolutionary” blockchain is.

>>18710869
You’re just an idiot who doesn’t know what he’s doing. There’s a huge difference. I sold more than you hold this past weekend because I know with a degree of certitude that Link is going down.

I’m also not a retarded Link hype boy

>>18710996
No.

>>18711025
If you're so smart and such a good trader, then why are you so upset?

>>18711025

Yeah mate, you will learn eventually. everyone has to experience it first hand.

My advice if you are going to go down that path:

Keep some Link, and by that i mean a lot of Link, and if Link is dumping hard, you move your winnings into it asap. do not delay it.

If you have 10k link, and 1 BTC on bitcoin trading/bitmex, then any profit on that 1btc, you move it into link straight away. dont try compound your shitcoin gains with more capital.

What is extremely likely is you make good gains with shitcoin trading, but then Link goes up to 120k Sats, or does a 3x in price, and you end up with the same number of Link after months of stress and hard work, or you make a loss.
but yeah, you need to experience it the hard way. nobody ever takes tht on face value because they all think they can time the market till they cant.

Link went 5.5x in price last year over a 6 month period and never corrected. If you can seriously make a 5.5x gain trading shitcoins in 6 months then you are a god trader and you dont even need to invest in link. you can just make 5.5x returns every 6 months for the rest of your life so why are you even investing?
chances are you do make gains like that and then lose it, or end up with average market returns by the end, while link moons.

hundreds of anons have made that mistake and posted wanting to rope, see you next.

>>18711089
I’m not upset. I just think the people here are ignorant and have clearly never tried to use a blockchain for anything

>>18711117
>IDIOT! RETARDED LINK HYPE BOY!!
>I’m not upset.

>>18711097
My goal isn’t collecting Link. I don’t believe in any of these shitcoins.

>>18710541
>dont discuss the technicals of a coin ever
>just shut up and watch people shill it
>just trust me, everything you say has been discussed before, and no one is ever allowed to bring it up again
>you dont hate link, you are just secretly fudding
censorship at its finest.

>>18711097
Also, my advice is to not give out your shitty advice until you’ve got a track record where more than 50% of your trades historically are successful over at least a 5 year period

>>18711135
>spending months obsessively fudding a project you don't like every single day in every single thread with extensive research and preparation
>"I-I'm just discussing technicals!"

>>18711171
Should add "while furiously samefag id swapping".

>>18711158

Enjoy your gains. IDK why you are in this thread if you dont care bout Link in the long term, as this is the point of the thread.
You don't need Link because you are a trading god :D

5.5x gains per 6 months on even 1000$ will net you 161 million dollars in 5 years, i am very envious of someone with such skills that can even out perform bitcoin and ethereum itself with simple trading

>>18711171
>dont discuss the things in the image, just focus on the person shilling it
>the stuff in his images are of no importance

>>18711195
haha what?

>>18711237
>never address any of the posts in this image >>18709680
>just look away goys. And allow me to proceed to spam 50 more link threads in the biz catalog
gotcha

>>18711267
>never address any of the posts in this image
Every single one of those "arguments" have been addressed to death, samefag.

>>18711282
prove it. I give you the posts, show me the posts that address each one.
go ahead

>>18711194
Markets are a tool for gaining cash/liquidity. Why would I continue rolling over my gains into the markets in the hopes of getting some big number on paper?

I think it’s funny that people really just have the strategy of: “I bought Link, I’m gonna be rich forever!”

This thread is filled with newfags and their plebbit spacing. If you’re reading this, abandon the thread. It’s not worth your time. You have been warned.

>>18711355

Because pretty much if you have a make it stack, all you have to do is wait, and not even care about the liquidity issue of compounding trades, paying tax on all trades, stress of opening positions and closing them.
If you can buy 10,000 Link a 0.2$, literally a 2,000$ investment and just wait 10 years and it reached 500$, resulting in 5 million with only 1 tax payment, and almost no stress or managing, why the fuck would you do an unsure thing like trading?

Warren buffet is the god of investing and even he advocates going all in on some things that are close to certain and just waiting however long it takes.

Obviously when it comes to Link, or even BTC and eth in the past, it depends on you thinking it will moon. If you do not believe so then it is pointless to have this discussion.

Found this in another thread, but I don't know as much as some of the faggots in this thread. Can anyone explain why pic related is or isn't accurate?

>>18711539

read this >>18699546
no more spoonfeeding

>>18711571
I've already read through that, but that doesn't make me as knowledgeable on the subjects as others itt. To me, the plebbit post sounds true. I want to know if there's some obvious thing I'm missing that someone can point out.

>>18711714
Its fud for reddit faggots, if you believe it you are a reddit faggot

>>18711824
But how? All 4 points seem valid.

>>18709499
Just playing doubles advocate here. For all intensive purposes it doesnt look good when you cant use basic figures of speech. It suggests poor reading comprehension. It takes a real dime in the rough to get ones point across!

Seriously. Nobody is taking investment advice from pic related.

>>18711838
thats very basic fud. All the real extensive fud is in this image>>18709680
theres a lot more you could say to link being a piece of shit other than "its centralized"

>>18711875

Then you are proposing the antithesis of what 4chan is and what made Link come to be on here.
Gatekeeping with certain attributes you qualify as allowed to spread an idea, rather than the idea itself. The point her eon biz is that if an idea is powerful enough it will survive through many different people continuously proposing it and arguing about it and it surviving. Not about WHO is saying it.

Unironically you need to go back to pleddit

>>18711298
lol, I actually like and support Chainlink but I'm not obsessed enough to make that much effort.

Where you get the motivation to do all that for something you don't even support is beyond me. Something must've hurt you BIGLY.

>>18711920
Held link since sept 2017. Blow me.

If someone types like an idiot, there is a higher chance that they are an idiot.

>>18711539
1, 2, 3: Chainlink had three independent nodes aggregating a single response from day 1, its was always decentralized

4: pure semantics

>>18712119
here is an entire image that proves link is not decentralized in any way >>18709680
nice try. better luck next thread

>>18712167
Three oracles aggregating a single outcome = decentralized oracles.

>>18712184
addressed here >>18709680
sorry

>>18712238
There isn't a single word in that pic that changes the fact that Chainlink's mainnet launched with three oracles aggregating a single output.

>>18712261
wrong, read again

>>18709803
>muh fake partnerships
>doesn't address anything else cause he knows it's true
LMAO

Betrayal is imminent...

>>18712291
Chainlink's mainnet launched with three node operators querying three separate sources of ETH/USD, aggregating a single response.
This is not a matter of opinion, this is verifiable fact.
Nothing you say will ever change this.

>>18712293
>fake partnerships
Those are active users.

>>18712420
except the image does. give it a read >>18709680 lol
ive seen that image multiple times in the archive. ill make sure to include it getting fudded in the next update

>>18701898
Sir I’m not a trumpet player but switch all my tezos to link was it a smart move?

>>18712450
>except the image does
It does not.

It is objective fact that mainnet launched with three nodes.

>>18712470
thats literally addressed in the image LOL

>>18712482
Quote me where the image says mainnet did not have three nodes at launch.

>>18699478

I found it pretty terrible. There's a page or 2 on it max, and its basic level stuff.

>>18712493
Your claim link is decentral. Not possible. Even with number of nodes. Read the image.
I want you to read all of it, so all of the fud absorbs in you just so you are aware of how fucked the project is

>>18711437
thanks for the warning sir.

>>18712561
Multiple oracles aggregating a single response = decentralized oracles.
That is literally the definition.

>>18712630
literally addressed in the image LOL. too scared to read?

>>18712690
Decentralized oracles = multiple oracles providing a single outcome.

Centralized oracle = one oracle providing a single outcome.

>>18712167
You don’t even know what decentralized means tard

>>18712630
>Multiple oracles aggregating a single response
That’s not what’s going on in your pic though. Pictured are three oracles receiving three respective data feeds. I thought there was averaging involved.

>>18712902
>I thought there was averaging involved.
There was. The averaging hasn't changed since day 1.

>>18699502
RIP Syd Mead

>>18702055

They had to do the ICO to give cause to the decentralized grassroots. Most were pre-ICO, so they were accreddited.

Fuck off newfag

>>18711355
>Enjoy your gains. IDK why you are in this thread if you dont care bout Link in the long term, as this is the point of the thread.

>>18695866
you joined /biz/ in 2017 or later, and so does everyone who agrees with you
fyi decentralized oracles were a hot item in 2015-2016. as one part of the entire protocol
one smart guy who had a previous shitcoin venture on his record decided he could capitalize on the ICO bubble when it happened, used paid groups and traditional ponzi tactics repurposed for the crypto world
the rest is history

https://medium.com/irisnet-blog/irisnet-integrating-with-chainlink-to-support-interchain-interoperability-using-real-world-data-75751ff1eea7

pic related.