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/biz/ - Business & Finance


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23946348 No.23946348 [Reply] [Original]

Not a lot of quality crumbs or content lately
If you're new I'll answer any chainlink question the best I can meme free

>> No.23946350

why is it yellow

>> No.23946353

N

>> No.23946378

>>23946350
Old image from years back
>>23946353
Thanks

>> No.23946386

>>23946348
Why does the token have value?

>> No.23946421

>>23946386
It is required to use the services of the chainlink network
You can look at that in terms of a few valuation frameworks:
- Proportional ownership of the marginal value capture for chainlink
- X number of instances of high quality data/api calls
- Y portion of collateral required for the passive income streams intrinsic to running a chainlink node (deco, vrf, arbitrum etc)

>> No.23946468

why do you constantly lie that enterprises will adopt this?

>> No.23946496

>>23946468
Enterprises will only adopt this when a few things happen:
- The system works flawlessly with their existing backends
- Scaling allows for millions of contract executions per hour and thousands of contract posts per day at efficient costs
- Legal and regulatory status of smart contracts is clear

They're all in process, think baseline for first, arbitrum for second and accord/openlaw for last

>> No.23946513

>>23946348
Are the rumors that Sergey has had multiple one to one meetings with Chris Kempczinski true?

>> No.23946551

ok why on earth would banks and retail payments use link, they already have private fully functioning, secure, efficient systems in place. Do you think a public weather feed is comparable to the payment industry?

>> No.23946552

>>23946513
lol
Not an insider so I dont know but if sergey wants to talk to someone he has plenty of connections to make it happen

>> No.23946572

>>23946551
Banks wouldn't use an oracle network to make payments, they would use it to
trigger payments
ensure funds were available
check collateralization levels
provide one way obfuscation to critical data needed to determine payment status
etc.

>> No.23946579

Is 81k achievable? According to the assblaster

>> No.23946584

>>23946496
then what is the timeline for that

>> No.23946608

Good thread anon. I don't have the energy to spoonfeed but it's nice that someone does, for the newfags.

>> No.23946624

>>23946572
What a load of horseshit.

>> No.23946628
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23946628

>>23946348
Stop OP, every time I think about how much I’m going to make it’s still ways off and I still have to wage. Either my stack isn’t big enough (953) or it’s the timeframe that just puts me into depression.

>> No.23946669

>>23946496
Is there a place/link where I can track the number of daily transactions done by the chainlink network?

>> No.23946690

>>23946579
Most bullish valuation metric would be internet of value
Remember Sergey wanted a protocol token
Internet value 24tn
Internet of value/1000000000 = ?

>>23946584
I dont know
Remember that enterprises will adopt after a lot of other smaller entities
Which may become the next amazons or ubers because of their early adoption
>>23946608
Hey thanks
>>23946624
No
>>23946628
Link has far greater upside than BTC and it's 10 bucks
Look back on your statement in 5 years and realize how profoundly stupid it is

>> No.23946701

What, if any, is the significance of chainlinks tech demo at baseline protocol conference a few days ago?

>> No.23946706

>>23946669
Gotta do better than this anon
https://market.link/metrics

>> No.23946762

Here's a fun little spoonfeed for those keeping up:

Re: new tsigs research:
"This will be useful for Arbitrum Channels where there’s a named set of validators that need to produce a signature, but will not be used directly in the Arbitrum Rollup protocol (although apps building on the Rollup may very well use it)."

Named set of validators is AnyTrust...

>> No.23946793

When is a good buy point within the next couple of weeks? I put my life savings into LINK. Only have a few grand I can spend to complete my make it stack.

>> No.23946864

>>23946348
why is flare so much better than chainlink's dogshit solution?
how many linkers do you think will kill themselves EOY when flare blows up and absorbs everything chainlink has tried to do?

>> No.23946867

>>23946701
Honestly not a ton intrinsically, but the fact that rollups are in security audits and anytrust is basically being actively worked on is big for getting enterprise volumes ready
>>23946793
Market timing is for stupid people who believe in magic
https://www.deseret.com/1997/6/29/19320793/lump-sum-pays-more-than-gradual-investment

>> No.23946873

>>23946793
Owen Benjamin on YouTube has the best history of predicting link movement imo
Tldw is currently 8/9 dollars is probably a very good chance lowest it will go currently but as time goes by that number steadily goes up so don’t wait too long for a dip if you definitely plan on buying more, according to his analysis.

>> No.23946879

>>23946864
Can you please provide a detailed technical argument to back this up?

>> No.23946912

>>23946879
>>23946864
kek let's see it schizo

>> No.23946967

>>23946348
Hey good to see you back. I was commenting on your thread in August before we broke $10, had a 6.5k stack, didn’t buy any until we came back down to the $10 area but I’m at 8.6k now with 10k in sight!

As for question, what’s the arbitrum timeline looking like? I figure if that’s the gamechanger it’s made out to be, this will be the last decent time to accumulate.

>> No.23947066

>>23946879
>>23946912
i mean, ikyk
i guess you fags just weren't meant to make it

>> No.23947095

>>23947066
>t. doesn't know

>> No.23947112

>>23946551
>he doesn't know about psd2

>> No.23947138

>>23946348
What's a reasonable price to expect 5 years from now?

>> No.23947161

>>23947066
Cheap cop out. Neck yourself nigger

>> No.23947177

>>23946967
Always happy to be here
Looks like the same timeline for mainnet ironiclly:
Coding for rollups done
Mired in security audits with groups that aren't half as smart as chainlink...Serg wasn't joking when he said he'd spent 7 figures on security audits

Might as well get anytrust ready in the meantime
I'd guess that when arbitrum goes live on mainnet and a few big names port their dapps we'll see a big step up that won't come down

>>23947066
Thanks so much for your insight, I for one am certainly moved and will sell every of my chainlinkings

>>23947112
PSD2 might be what we think it is, it might just be GPI

>> No.23947189

>>23947138
Between 15 and 15000 USD

>> No.23947228
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23947228

>>23946348
Thanks fren.

>> No.23947233

>>23947177
Why did we pump to $20 a while ago?

>> No.23947317

Am i dumb for holding some RLC? Im like 80/20 mostly link tho

>> No.23947377

>>23947095
>>23947161
>>23947177
lol low iq link fags coping when xrp is undeniably the standard and will be used by almost every financial institution on earth, while all link does is shuffle shitcoins and yield farming scams

>> No.23947382
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23947382

>>23946348
what's the latest speculation on what the ROI for staking might be?

>> No.23947405

>>23947382
is that andy kaufman?

>> No.23947421

>>23947317
its not xrp but almost anything is better than shitlink
it'll get to like $3 and then dump again probably

>> No.23947484

>>23947377
You have a containment thread for a reason.

>> No.23947530

>>23947228
Welcome fren
>>23947233
Normal cycle for early stage asset without known valuation metrics and held by inexperienced investors
>>23947317
I honestly don't know. I looked into it a while back and couldn't get anyone to give me a reasonable use case or valuation metric, even if speculative
>>23947377
Wow you must be smart since the market is panning it
You should buy lots lots more because you're so smart
>>23947382
Time value of money + speculation

>> No.23947543
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23947543

>>23947484

>> No.23947676

Anyone on biz right now who needs spoon-fed doesn't deserve it.
You can either buy LINK and make insane gains in the next few years holding something you don't understand or you put the effort in and understand it.

Then you'll understand why nobody wants to spoon-feed you and why we don't need normies buying it.

Word of warning though, if you don't do the research you'll sell way too early.

>> No.23947772

>>23946628
I mean yeah obv it isn't big enough, you don't have a make it stack. you don't even have a suicide stack. you'll live forever in regret newfag

>> No.23947804

>>23947772
>newfag
>you’ll will forever in regret
I know it’s enough for him

>> No.23947806

>>23947676
Disagree
Most of the really high quality info came out when the team was more loose lipped in late 2017 and 2018
If you didn't come to /biz/ until 2019 or later you missed most of it and didn't get a warm reception because of the self important idiots who leeched off the original anons and used their work to feel special about themselves

>> No.23947850

>>23947804
english please, ranjeesh

>> No.23947870

>>23947806
If you understand how blockchains have trouble interacting with real world events you dont need soon feeding post mainnet with what they achieved

>> No.23947888

1. How many actual developers are working on LINK? GitHub shows just a few users committing.
2. Is there any roadmap, even a rough one, for upcoming features?
3. If you were to guess, when will service agreements go live?
4. What can we optimistically expect from whitepaper 2.0 and when do you think it will be released?

>> No.23947892

>>23947806
>cope
The breadcrumbs was the work we put in to confirm our assumptions on the value of the network.

The team have never been loose lipped.

All of what was discussed is in the archives and available to anyone who wants to learn without all of the uncertainty, all the hard work is done and now it's just waiting.

Nulinkers have never had it easier to go research the archives and get the answers or affirmations they could need

>> No.23947964

Would you keep adding to your stack if you held 20k but now pretty much priced out and could only add like 50-150 monthly?

>> No.23948018

>>23947870
Wrong
Bridging real world data to blockchain is easy
Doing it in a way that:
- Incentivizes honest behavior correctly
and
- Provides payment in proportion to the utility of that data/access
Is very hard

>>23947888
1. Core code only a few. Adapters, userr facing integrations etc. a lot
2. Never has been, probably never will be
3. See above
4. Team said before EOY. They typically deliver earlier than they promise. I would guess WP 1.0 is "this is what an oracle is" and WP 2.0 will be "the chainlink protocol is all you need for a smart contracts based economy"

>>23947892
Sounds like my ignorant hangers-on comment hit close to home

>>23947964
Honestly no
Since you have 200k+ in one early stage investment I would take that 1k monthly and diversify into lower risk things

>> No.23948041

>>23947964
Yes, I currently buy weekly no matter the price, have been buying for 3 years and my stack is over 20k.

But what does it matter what my stack size is, all I know is the money I use today to buy LINK will have much better purchasing power in the near future, I don't need it now so why not.

>> No.23948051

>>23948018
Such as? Stocks? Investing such amounts won't make me 'rich', right.. (aiming for $1M here)

I also hold about $20k of some shitcoins. I am leaning towards selling it all for LINK.

>> No.23948082

>>23948018
Thanks. But regarding my question 3 - what is YOUR guess as to when service agreements could come? Or would you rather not speculate or create false hope or whatever?

>> No.23948154
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23948154

what will be the impact of arbitrum going live on mainnet? is arbiswap a threat to uniswap? can you say anything about jpm coin and liink? what might be the effect of jp morgan achieving profitability with their blockchain work? is widespread adoption of l2 solutions bearish for the price of ETH? thanks for these threads. lots of good food for thought.

>> No.23948196

>if if and if

holding this shitty ERC-20 after 1000x in the upcoming bull and not holding xrp not ghonna make it with this russian textbook tax-haven drawer "company" from cayman islands and the "CEO" is russian hahahahah. this must be the biggest newfag zoomer crypto bait in the decade.

token not needed.

t. bought at 20cents sold near the 20$ ATH

>> No.23948221

>>23948051
I started buying link in 2017. Honestly I dont anymore. But contrary to OP, I'm "diversifying" into riskier assets that I expect a higher roi but wont destroy me if they fail. So I've been going for DeFi. I look for assets that have a highly demanded platform that I think will continue being important in the future, and have cashflows directed back to token holders.

>> No.23948224

>>23946348
Any thoughts on how staking will be implemented? Outlier detection?

>> No.23948259

Thoughts on PRQ? It's trying to market itself as a kind of reverse Chainlink but it doesn't make sense to me that getting data off-chain is as valuable as getting it on-chain.

>> No.23948305

Isn't Chainlink an unnecessary middle man?

We have centralize oracles that do just fine.

Won't corporations just introduce their own proprietary Oracles?

Does Chanlik have any patents?

What's going to keep a country like China from just copying and pasting all the source code?

>> No.23948412

>>23946348
seems like you are up to interoperability here. just look at BoringDAO and you wont have that problem anymore

>> No.23948422

>>23948305
>What's going to keep a country like China from just copying and pasting all the source code?
Nothing.

Would you rather trust an oracle network centralized in China or a decentralized network for event data to your smart contracts?

The network and the connections Sergey has made for years is what gives his oracle solution to the jump start that no competitor could catch them

>> No.23948513
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23948513

I've got some good schizo pics for you newfags. Lemme know if you want more

>> No.23948519

>>23948422
kek this is something china CANT copy and buy. no one trusts a chink and no one trusts a chink in triplicate

>> No.23948570

halo frens

>> No.23948597

monitoring this bread thanks OP

Do you think buying Chainlink is a deal with the devil aka Klaus Schwab?

>> No.23948695

>>23948221
with my current stack I still need 5x to reach my goal. It might take years to reach that who knows..

5x with current mcap seems like a lot for me

>> No.23948838

>>23948695
Blockchain is internet 2.0, in internet investing terms it’s 2002

>> No.23948918

>>23947964
That's still, realistically, a small house/condo for rental cashflow per month. Paid in full.

I tend to think of it in terms of McLarens...but you get the idea. By living like a monk now, and not wasting 800-1.2k per month on a sports car today, I can buy one in 3-5 years cash. Every month is a new lambo to me.

>> No.23949203

>>23948513
schizo posts are welcome

>> No.23949210 [DELETED] 

>>23948221
Which projects do you find interesting right now?
>>23948695
5B is not a lot if the market will turn bullish for alts.

>> No.23949296

>>23948051
Any of the following:
Other good blockchain projects you believe in
Stocks in your area of expertise that you feel are undervalued
Equity in local startups or businesses
IP in your field (if relevant)

All of the above are assymmetric bets just like chainlink
>>23948082
If you really want a guess just realize that I am pulling this out of complete thin air:
Staking is needed for the passive income functions of nodes especially once existing KYCd nodes are flush with traffic. I would guess that staking will be released along with arbitrum or shortly thereafter. Service agreements in their final form would be some iteration after that and after some basically closed beta testing with known defi customers and known nodes

>>23948154
Arbitrum will allow most large scale gas consumers to cut costs, and will absorb some (but not all) of that value. Link up eth down.
Arbiswap is a POC and basically puts uniswap in the position that they have to port to a rollup once they're live or a high quality rollup will do it and take their customers (who would greatly appreciate lower gas fees per swap)
JPM coin is not something I have any real knowledge of, so I'll refrain
Widespread L2 is bearish for the short term prospects of ETH but enshrines it as the base layer which is long term bullish (and may make Eth2 unnecessary)
>>23948196
Wow you really are smart! We're so lucky to have someone like you around
>>23948221
This is basically what I recommended?
>>23948224
Likely non-response as the only indication for slashing initially (more complex once it gets applied to data returns rather than simple node functionality)
>>23948259
Don't know anything about it but it looks like they're just targeting the outputs side of chainlink's offering? And the team appears comprised of people with mid level degrees and no real world products/liquidity events?
>>23948305
It appears you don't understand the problem. Chainlink has a number of excellent articles on their site.

>> No.23949356

>>23948412
I dont understand this comment
>>23948513
Bear in mind these have not all been right
But a surprisingly high proportion have
>>23948570
hi fren
>>23948597
Not at all
Here's an interesting thought that I think will become an existential challenge for the Sergeys of the world:

Imagine your worldview is that group 1 has been unfairly suppressing and exploiting group 2. So you build a totally fair system where no exploitation can take place.

Imagine then you discover that, rather than helping group 2, you expose that group 2 provides no benefit for group 1 and is in fact effectively a parasite of it.

Even if you are an incredibly high quality person it is very very hard to acknowledge you built something great because of your world view but that great thing revealed your world view to be exactly wrong.

>> No.23949437

what's your response to people saying chainlink is centralized? also thoughts on other oracles like band and tellor?

>> No.23950196

bump

>> No.23950209
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23950209

op tell it to me straight, is 1k LINK enough to make it

>> No.23950383

>>23950209
I think if you wait long enough and make proper swings then yea 1k is enough by the end of the decade

>> No.23950670
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23950670

>>23949296
>>23949356
good thread op glad to see someone still has the energy.
Sorry for the negativity of late frens but it's all so tiresome. I would help but I'm burned out.

>> No.23951416

Is Sergey attending the WEF in Davos this January?

>> No.23951838

>>23946864
>>23947066
>>23947377
>>23947421
>makes empty claim
>refuses to provide argument
>gets angry and insults people
>more insults
XRP "investors" in a nutshell

>> No.23951964
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23951964

What is Link’s Price eoy 2021?

>> No.23951986

10K MLK

>> No.23951992
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23951992

>>23951964

>> No.23952050

>>23946378
haha, underrated post

>> No.23952103

>>23946348
If the team believes link has a multi trillion dollar valuation and will generate it’s own staking income why are they so willing to to take profits at such a tiny fraction of that?

>> No.23952109

>>23947892
>Nulinkers have never had it easier to go research the archives and get the answers or affirmations they could need
And god forbid they discuss what they find, making new threads to do so.

>> No.23952116

What do you do with the linkies?
I've got most in uniswaps Link/Eth pair, some in yaLink and celcius.

>> No.23952158

Do you mostly care about the BTC or USD pair? Why?

>> No.23952198
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23952198

what sorts of use cases are enabled by completion of threshold signatures, vrf and multiword responses? thanks again.

>> No.23952231

why would chainlink be the thing that ends up adopted other than first mover advantage? Why wont a bank or any other entity just develop their own oracle?

>> No.23952266

>>23952109
If you can’t answer >>23952103 you shouldn’t be so smug.

>>23947892
The team is on 4chan shilling non stop. It isn’t anons doing research.

>> No.23952298

I bought 10 tokens about 6 months ago just for shits. Kinda surprised it's already gone up so much. Is it likely to dip again or should I buy more asap? Am I already too late?

>> No.23952342

>>23952231
They will have their own oracle, but it will be a chainlink oracle. And why wouldn't they? Fast to implement, cheap and have every advantage of any oracle they can implement on their own.

>> No.23952430

>>23949356
> imagine if your AI turns racist
I don’t know why anyone would think algorithms would not be completely cynical and free of illusion. People say “oh capitalists don’t have a heart, it’s all about the cold numbers to them” and then act surprised when algorithms have even less heart.
In the same way
> imagine if the AI determines the gender gap doesn’t exist, so can’t be exploited
> AI doesn’t agree that diversity is the company’s greatest asset
> AI actually (redeemingly to some) doesn’t care what sex you were born with, but does determine that high suicidal rates doesn’t make prime material for critical employees
Etc etc etc.
Yes, Serg will have a problem when he discovers the oppressed would be even worse off without the oppressive subsidies and that the nefarious world elite are basically a bunch of philanthropists (like they claim to be) simply because that is actually economically expedient for them.

>> No.23952505

>>23952266
Did my subtle sarcasm not register? Irony-free version: I encourage discussion because I don’t think the answers to questions such as the one you link are obvious to everyone.

>> No.23952574

>>23952103
> why does serg sell a few coins before $1k EOY?
Because he wants to pay his team members a monthly salary before EOY? Because he has to pay for a complete set of Ari’s latest projects? Because he has to arrange costly extravaganzas like the smartcon conference? In short, because he can put the money to good use in the effort to accomplish the $1k EOY.

>> No.23952582
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23952582

>>23952298
Anyone telling you they know is just lying you have to judge for yourself retard. It's asking can you predict the future about this useless token utilizing a volatile market? I would say it will probably go up cause the metrics look good but nobody here has a crystal ball (Except Sergey)

>> No.23952630

>>23952574
If Ari is a part owner of the chainlink foundation why do they keep having to pay him to do work for the project? In what world is this not self dealing?

>> No.23952657

>>23949437
The code is open source and literally anyone can spin up a node right now, so in that sense, no
however
The reality is that data feeds are all of CL right now and people arent going to buy data feeds from non KYC'd nodes.

Once the nodes have objective functions like VRF, deco, candid, arbitrum etc. expect non kyc'd nodes to get more nodes and this argument to be null

>>23950209
Depends on if you have a few years worth of patience

>>23950670
Good opportunity to work on building the life to which you want to retire

>>23951416
Don't know but would doubt it

>>23951838
But it's THE STANDARD!!!!

>>23951964
15-750?

>>23952050
Glad someone got it

>>23952103
If they don't continue developing it that valuation is incorrect
Chainlink isn't close to finished

>>23952109
This

>>23952116
Hold in a cold paper wallet with a small amount spread around exchanges

>>23952158
USD, as a generational gap widens in crypto buyers (many have never bought BTC to buy alts) BTC pairings become less relevant

This will piss off the maxis, but think about what happens to BTC's per coin valuation the moment BTC is no longer #1 in total market cap...

>>23952198
tsigs reduced gas costs for data aggregations and for node quorums in AnyTrust executions per above post
vrf anything with gaming, one time pads, selection of verifiably random node quorums for high throughput contract executions
multiword responses anything requiring a non integer/boolean or human facing response

>> No.23952690

>>23952657
Thoughts on linkpool? Will you be giving them your linkies, or are you setting up your own node?

>> No.23952696

>>23952582
Thanks for your input, I don't understand anything about its uses so it's basically gambling for a guy like me. I saw people saying the team was dumping and a price drop is imminent, I'm hoping that's true.

>> No.23952746

>>23952231
Why don't banks design their own word processors? Would make so much more sense than buying microsoft office, right?
>>23952266
The team has likely never once posted on 4chan
>>23952298
Chainlink
- Has no mainstream understanding of what it actually is
- Has effectively zero marketing to retail investors
- Is maybe 3 years from being feature complete
You're early
>>23952630
This is a standard arrangement in most startups for top flight talent: equity+salary

>> No.23952780

>>23952103
along with the other responses, it isn't also more fair to us (early investors) if he's selling at regular intervals all the up rather than selling the top?
I've never understood why people complain about them selling at these prices

>> No.23952815

>>23948018
Chainlink incentivises cartels gaming smart contracts.
It cant scale.
Reputation will be an arbitration by an authority and will be completely corrupt

>> No.23952825

OP I just wanna say I love you and wish you all the best, you are a great person. Maybe it's just you trying hard not to meme and you come off as sad, while in reality you're a happy person. In any case, I'm sending you a virtual hug. Take care

>> No.23952889

>>23952780
The issue is the effect of the sales. If one was ahead of the curve and switched to btc 3 months ago knowing the effect that dumps have on the prices their same money would have doubled. We don’t get 40 lives. We get one shot to properly compound out money. Every day time link dumps it looks more like an enormous miss. What if they continue this for 3 years btc doubles and link goes to $3? It will be an unmitigated disaster for the token holders.

>> No.23952921

>>23952780
Also there is no way to know if the permanent top isn’t already in. This is crypto after all.

>> No.23952924

So are we dropping to around $10.90-$11 by November 27?

>> No.23952963

When is staking coming?

>> No.23952985

what is deco?

>> No.23952987

>>23952657
>Hold in a cold paper wallet with a small amount spread around exchanges
But it will be years. And even with a shakeout like there was up to and after the ATH protocols like Aave and Yearn worked flawlessly. Why not take advantage of this? Especially for people like me who only have ~1k link.

>> No.23952988

>>23952690
I was a complete idiot for not buying more
At launch of staking they will either be the only real high revenue pool or the overwhelming leader
LP is nosebleed expensive and likely worth it
>>23952780
It also allows him some power that is hard to see
Imagine his warchest is only in link
Crypto market crashes, he's in the same boat as many other projects and can't take advantage
Now imagine its link/eth/USD
One or two of the three crash
He's now in a great position to take advantage of the situation

>>23952815
Wrong
Heard of arbitrum/tsigs?
Reputation is literally whoever you choose to pick as your rep provider
You can choose the provider you feel is fair
>>23952825
Love you too
>>23952889
Your point would be better if the price of chainlink thus far had not vastly outperformed the overall market
And as more link enters the market, each sell is a proportionally smaller bit of the liquid supply

>> No.23953011

>>23946468
But PayPal did adopt link.. oh wait. It adopted BTC, LTC & ETH.

>> No.23953034

>>23952657
>This will piss off the maxis, but think about what happens to BTC's per coin valuation the moment BTC is no longer #1 in total market cap
Disagree with you here. Gold has a higher mc than BTC. So does MSFT. Both those assets have a SoV use case. But BTC have properties that make it a better technical fit for SoV, which is why all capital seeking SoV hasn’t abandoned BTC for gold and MSFT.
I’m a BTC “maxi” in that I think BTC is both all you need and the best you can get when it comes to crypto SoV. But other use cases could be served by other cryptos, and may well be worth even more. Eth is a distributed smart contract platform, probably worth loads. Chainlink is a game theoretically sound data source framework, probably worth loads. If one of them get a higher mc than BTC, it doesn’t imply they are suddenly a better SoV for that reason, just as MSFT shares aren’t. They are just kings of an even more valuable use case. BTC would continue to be king of SoV and would keep growing in proportion to the value of that use case.

>> No.23953091 [DELETED] 

>>23952988
Do you hold anything else besides link?

>> No.23953092

>>23946608
Did you know spoonfeeding with shit is actually beneficial?

>> No.23953177 [DELETED] 
File: 24 KB, 1259x450, picture.png [View same] [iqdb] [saucenao] [google]
23953177

>>23952988
Top wallets like aave and ren.

>> No.23953190

>>23952988
Buying when there are founder dumps versus buying when there are no founder dumps huuuuugggeeeely different value propositions from an investor standpoint. Smarten up. The point remains. 1k link now in doubled bitcoin is $24000. If at the same it goes to $3 a suicide stack holder loses 20gs in opportunity cost. Now imagine this is a make it stack holder. Devastating. My point is salient.

>> No.23953207

When $81k?

>> No.23953220

>>23946624
Thanks to this horseshit im up 30x

>> No.23953246

>>23952924
Maybe
But probably not
>>23952963
Best guess between now and EOQ1 2021
>>23952985
Oversimplification: software version of what towncrier/SGX was
>>23952987
There is always a risk those liquidity pools could fail in an unanticipated way or be subject to a flash loan manipulation etc
Its up to you to determine your risk tolerance
>>23953091
Yes but not shilling anything
>>23953092
?

>> No.23953296

>>23953190
>Your investment could go down.
>You would lose money.
>My point is salient.
Thanks anon for blessing us with your intellect

>> No.23953314

>>23949296
>Likely non-response as the only indication for slashing initially (more complex once it gets applied to data returns rather than simple node functionality)
Then what happens when a node reports a wildly incorrect price?

>> No.23953382

>>23952746
>Is maybe 3 years from being feature complete
Given the ambitious nature of the project and the vast amount of work required to get it fully working isn't there still a large risk that this fails?

>> No.23953390

>>23953190
You are welcome to allocate your money however you please
You should know that your thought process is flawed
But you know that
>>23953207
~2028?
>>23953220
If only every investment could be this horseshit

>> No.23953582

>>23953314
Pre-staking: it is removed through aggregation mechanism (pick median 7 of 15 responses etc)
Staking: whatever the data consumer stipulates in the service agreement
>>23953382
Interersting question
Part of link is like eth now in that it is foundational to major projects
In that sense (link as just a price feed) failure risk is low
This is also why security checking will continue to be the limiting factor in feature development

In the sense of chainlink being the major value capture of a smart contract economy, yes there is risk of failure
However, every time they take part of the stack that risk lowers eg scaling, data inputs, vrf, identity, one way data obfuscation through deco etc.

>> No.23953613

>>23953390
Thoughts on STAtera?

>> No.23953631

>>23953390
Investors thought process is subject to arbitrage boundaries. Of course all thought processes are flawed but trust me brother you don’t want to see my p and ls if you think I’m some scrub. It would really hurt your feelings as a one note person.

>>23953296


You ignore the important detail that many do Tesla investors are also bad about this. Accumulating a project when a founder is dumping is one or the most surefire ways to lose money across many investment classes and over history. As long as the team is dumping and it could continue for years you Have a very huge chance of suffering life altering opportunity cost hits for the next few years. This process has already begun for link token holders. Furthermore these things tsigs and staking that we have been hearing about for 4 years, the Lindy effect says we will likely wait another 4 years to see them. Not saying this will be the case only that the potentiality should be a factor in your decision making

>> No.23953687

>>23946348
Can you name a single real life application that would need chainlink?

>> No.23953711

chainlink is trash
shame on you for still shilling a $10B json parser

>> No.23953731 [DELETED] 

>>23953582
No need to shill what else you hold, but could you give a hint at least?

>> No.23953748

>>23953582
>Pre-staking: it is removed through aggregation mechanism (pick median 7 of 15 responses etc)

Then a minority of nodes can change the result. Like, shift the price up or down as needed.

>> No.23953806

>>23946378
How do I know you didn't just spill coffee on it though?

>> No.23954116

OP, any thoughts on Chainlink and Google Cloud Platform? Didn't seem like there was much hype about that presentation from the team. Potential tutorial from Patrick to come with wider marketing?

>> No.23954131

>>23953631
Your bad example is two of the best performing assets in recent history
You don't have to worry, I don't care who you are at all
>>23953613
Looked into it and failed my initial screens
Doesn't mean im right
>>23953687
I can name a lot more than a single one
>>23953711
OK
>>23953748
That weighting algorithm is exactly resistant to what you just said
Do you understand what I said?
>>23953806
oh shit

>> No.23954172

>>23954131
What's your take on Quant?

>> No.23954218

>>23954131
The investment itself performed well but the asymmetry of investing is that a hugely disproportionate amount of people longed the top and lost a ton due to bull run volume chances. Who I am is irrelevant. What is less irrelevant is my p and l across multiple asset classes.

>> No.23954482

>>23954116
Seems to me a lot of natural synergies
CL allows monetization of data
Goog is the biggest monetizer of data
Plus obvious infrastructure/bundled sales
>>23954172
Looked into it and seemed interesting but a few red flags turned me off
>>23954218
OK good for you

>> No.23954588

>>23954131
>That weighting algorithm is exactly resistant to what you just said
>Do you understand what I said?
I misread the initial response. So you can remove 50% of nodes from the aggregation, for example. What about stakes that get slashed? You're not going to slash 50% of the nodes each round.

>> No.23954616

>>23954482
It is good. Investors should know that in a founder dump heavy environment they are much more likely to buy the top and much less likely to benefit from price increases. This isn’t hard to understand really.

>> No.23954637

>>23953631
Sergey was dumping chainlink when I bought some earlier this year at $1.50. How come the price didn't bleed out to 30 cents?

>> No.23954821

>>23954637
Look at how much founders are dimpinow versus then. Besides you’re just you. Look at the volume and see how many people bought at 16+ when they could have just bought bitcoin. This Is my only point. Acquiring link is now an extremely dangerous proposition much more dangerous than in the past.

>> No.23955022

>>23954588
Again, I think you misread
That was the answer for a non staking/slashing environment
The second answer was for staking/slashing
>>23954616
>>23954821
ok big guy
>>23954637
How dare you bring logic into his argument

>> No.23955116

>>23954821
your fud is really shitty. you should already know newfags are priced out of make it stacks. youve got a 3 figure stack and desperately fudding so you can accumulate more kek

>> No.23955130
File: 254 KB, 1366x713, Chainlink_81K_Breakdown_1.png [View same] [iqdb] [saucenao] [google]
23955130

>>23954821
>>23954616
>>23954218
weak fud. We knew this going in. Tokens not in circulation will be used to incentivise the network and bootstrap adoption. These tokens will be locked up in nodes as collateral. If you bother to read the legal write up the risks are covered there in addition to the white paper.

>> No.23955135

>>23954616
>>23954821
>This is a bad investment because people bought the top!

Ok retard lol

>> No.23955142

>>23946348

Ok, biznewfag here, in need of pablum. Who/where is there a breakdown of honest configuration of the “main”cryptos. There is sooo much shite floating around, not even funny. I was in silicon valley during the dotcom booms. I can tell you that the pajeets picked up on the IPO IPO IPO fraud, along with the “startup” shill. I see this is in full swing with the cryptos.

Has anyone done an overview analysis of the major designs? In order to avoid the chyna frauds, this would be needed for newfag.

I see where CL can have a niche, bridging between cryptos, financial institutions, and other forms.

Tryingtomakesenseofitallfag.

>> No.23955156

>>23955116
Not true. I’ve got a 4 figure stack originally purchased at 27 cents. Used to have twice as much but sold half due to founder dumps. I’m performing better in link than you are.

>> No.23955197

>>23955156
Well I've got a 5 figure stack so lol.

>> No.23955217

Should i wait for the next btc crash to buy some link at a reasonnable price?

>> No.23955226

>>23955142
yeah don't buy chainlink it's a scam that much is obvious

>> No.23955261

>>23955022
>The second answer was for staking/slashing
Cool thanks for the clarification. Any thoughts as to how users would implement slashing in the service agreement? Would Chainlink offer guidelines for such things?

>> No.23955268

>>23955197
Yeah but unlikely that you have more money than me or are as robust across different financial markets than me. Crypto is just a hobby.

>>23955217
It’s impossible to say but what’s not hard to see is that bitcoin is awesome.

>> No.23955343

>>23955268
you're an indian with 30 link

>> No.23955418

>>23955343
Want to wager on this? Taking money from idiots is what I do.

>> No.23955500

>>23946624
At least post something that resembles a rebuttal you small dicked faggot

>> No.23955501

>>23955418

How much of the coin market you figure is degenerate gamblers?

>> No.23955649

>>23955501
90% easily. But the 10% that have their shit together make it worth it.

>> No.23956098

>>23954482
Thanks for taking time out of your day to answer questions.

When staking is implemented, can you use your already bought stack to stake or do you have to put more money in for that? I'm new to this whole thing. Also, any thoughts on SMARTCREDIT?

>> No.23956176

>>23946353
I

>> No.23956367
File: 178 KB, 671x597, 1600456296185.jpg [View same] [iqdb] [saucenao] [google]
23956367

Excerpt from a new chainlink whitepaper we were promised from last week

>> No.23956414

>>23956367
lmao

>> No.23956471

I hold over 1.5m LINK no larp.

Now what?

You do understand that current curve structure makes it infeasible to use LINK as oracles would cause IL, dodo. Updating prices is too slow for AMM, then the pool would be out of balance on trades.

Discuss.

>> No.23956501

Why exactly does an oracle problem exist when the information is generated on-chain in a public ledger? Why do the biggest cexs and dexs think the idea of price feeds is a joke when prices can be calculated by on-chain market orders?

>> No.23956567
File: 294 KB, 434x528, 1547900846355.png [View same] [iqdb] [saucenao] [google]
23956567

>>23956367

>> No.23956606

>>23956367
Does this mean number go down?

>> No.23956662
File: 92 KB, 828x484, AD61A5D9CA144B489BDD45EC656EE896.jpg [View same] [iqdb] [saucenao] [google]
23956662

>>23956367
> not
> erc10
so this is the power of discord trannies

>> No.23956725

>>23956606
why do you think Fatoshi has been dumping his linkies? He is trying to extract as much value as possible before it becomes completely useless

>> No.23956767

>>23956725
You'll never be a real woman.

>> No.23957162
File: 746 KB, 1142x852, youwillneverbearealgirldone_Copy.png [View same] [iqdb] [saucenao] [google]
23957162

>>23956725
stale

>> No.23957656
File: 7 KB, 200x160, pepe-suit-reading-glasses-sideburns-thumbnail.jpg [View same] [iqdb] [saucenao] [google]
23957656

allright, what's this all about then?

>> No.23957725

question: is eth about to dump?

>> No.23957850

>>23946348
Absolutely braindead retarded newfag nulinker 30 link stacklet here

Why do people FUD link so much?
Also ive been seeing people say its dead recently. Is that true? And if its not, how do you know?

ALSO WHEN AM I GONNA MAKE SOME FUCKING MONEY AAAAAAAA

>> No.23957875

https://www.youtube.com/watch?v=uL78w7ovadI

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

>> No.23958330

>>23957850
we used to do it to suppress the price so we could accumulate and especially prevent reddit from buying
now we do it to confused tourists, torture one another, and stave off boredom

>> No.23958356

>>23946513
Underrated kek

>> No.23958451

>>23958330
That makes me feel better. Its just sometimes it seems so serious and i cant even tell if i should be concerned or not

>> No.23958473

>>23958451
there are (probably?) some sincere FUDders, meaning people who really think it will fail, but it can be hard to tell who's who and they're wrong anyways

>> No.23958594
File: 153 KB, 984x756, 07B262B451324714A7EE9717C09F2BD1.jpg [View same] [iqdb] [saucenao] [google]
23958594

>>23958451
The fud was interesting when only a few understood but now you can find out things easily so the fudders are no different than the paid fudders on /pol/
rent free though.

>> No.23959692

>>23957162
N

>> No.23959751

>>23959692
I

>> No.23959757
File: 840 KB, 1686x1836, TimJewl.jpg [View same] [iqdb] [saucenao] [google]
23959757

>>23958594

>> No.23960021

Do you agree that PNK is clearly very undervalued currently?

>> No.23960034

>>23946348
Here's a spoon full of hard to take medicine = DIA is a better spec play until 2022 unless you bought LINK at 10-20 cents AND took profit at $20 and bought more now. Sorry kids.

>> No.23960048
File: 484 KB, 1118x1070, 1591765663648.png [View same] [iqdb] [saucenao] [google]
23960048

>>23946348
Where do I go to learn about chainlink and coins that doesn't involve several months of lurking in coin threads. And where do I go to invest in chainlik and bit/eth? Coinbase seems to get shit on, so what other sites/apps are good? or is it just a meme?

>> No.23960058

>>23954131
>I can name a lot more than a single one

Then please do

>> No.23960135

>>23952103
>why are they so willing to to take profits
That's not how this works. They're not taking profits, they're generating runway to build and expand the company. They're not sitting there shitposting on /biz/ hoping number go up running some faggoty trading shop.