/biz/ - Business & Finance

>>24469377
checked
Holding 1 million PNK

let them cope.

>>24469377
Solution x r p

>>24469377
One of these is not like the others

I have 285k PNK.
1750 LINK
about 17k USD in my trading account to play around with
recs for best way to spend it this week?
SIRS

>>24470308
>recs for best way to spend it this week?
More PNK

>>24469377
But, sir, shitting streets are free.

>>24469377
100k pnk is a make it stack in 4 years

>>24470313
Thanks for the reply fren.
Why exactly?
Not doubting you....just curious as to your reasoning.

>>24470507
Because I think PNK is the best bet right now. Relatively low cap, being integrated into more and more projects (API3 recently). Seems like there's a good chance it will keep growing. Not a stretch at all to assume it will break its old ATH, which would already be a 2x from here.

>>24469377
>Imagine not having a 100k Kleros stack

>>24471049
aye copy that.
thanks again for the insight

>>24471158
No problem. Short term I'd assume the price is going to depend a lot on what BTC and ETH do (if they dump hard PNK would most likely follow), but in the longer term I think PNK will eventually make new highs.

Why will contract disputes be so valuable? What are cunts going to disgree over, if a contract is set up correctly then there shouldnt be dispute.

So dont get me wrong, i like the idea but why isnt this coin even on binance yet?
Also it seems to be one of those perma 1 million or less volume coins.
In other words a shitcoin.

>>24471932
The fuck are you talking about? Multi-stage contracts have disputes all the time (think construction), PNK will streamline this.

>>24471954
Ecosystems take time to grow, my young patawan, it took long for LINK to be on reputable exchanges, but biz had already figured out it's potential long before.

>>24471991
I think it took link like or two at the most to get listed on binance.
This coin came out before january of 2019.

>>24469377
Why do you need kleros to decide that?
Cant an escrow just be programmed in the contract

>>24471932
>decentralised airbnb is already a dapp
>they posted a bond before coming to your house
>you want to claim the tenant's bond because they trashed the place
how are you going to solve this problem in a decentralised manner?

>>24472166
So kelros and pnk is only relevant in a fully developed blockchain world? Like you cant use it today to solve a problem like link.

>>24472289
Except you can. It just comes down to imagination. Lets use your example. You could fork LINK and create an aggregator contract. Instead of nodes, you have a curated list of trustworthy exchanges providing price feeds, eg. Balancer, Coinbase and Uniswap. You average the price of any coin in the TCR from these curated exchanges in the aggregator contract. Suddenly, you have achieved everything LINK has done, but you don't have any nodes to pay whatsoever. There might be some upkeep costs involved but it would be a hell of a lot less than $5b US.

Kleros can solve most problems. Even the problems better solved by machine, like price feeds, will have Kleros behind the scenes ensuring the system is running smoothly.

>>24472366
Thanks will buy 100k
>genuinely

>>24472440
No worries. We're all still very early. That example I gave you is exactly what Maker is doing. Within 4 months, both Maker and DAI will have kleros on the backend. But Kleros is going to solve problems which don't even exist yet.
The next stage is derivative contracts which pay profits from longs/shorts into escrow, and you can challenge to recover funds held in escrow in the event of collateral attacks/scamwicks/etc. For just .21 ETH you'll be able to completely ruin CZ's business model.

Now don't forget to post pictures of indians to scare away reddit.

>>24472366
>be Timo
>sell early
>reeeee
>find new project
>oh wow "governance" that's a big word for a tranny
>buy in early
>lmao we're just like pajeets
>hey maybe we should shill using a pajeet
>great minds think alike but on discord
>haha governance solves everything nevermind the subjectivity

>>24469377
>a open

>>24472636
>everybody on /biz/ is Timo
take your meds. API3 would also be completely redundant in the scenario I described.

>>24469377
Am I gonna make it bros???

>>24471972
Don't those kind of contracts need people who know the field to help settle disputes? You can't just outsource this to a bunch of token holding randos.

>>24472527
>both Maker and DAI will have kleros on the backend
What makes you say this? And how would it work?

>>24469377
250K is the suicide stack so I hold 1M and I am NEVER selling.

>>24472774
You can join any court if you think you have the expertise required to produce good rulings in it.
The more specific the cases in that court, the more PNK you need to stake.
Jurors are incentivized to stake in courts they have expertise of and to produce good rulings, because otherwise they lose their stake

>>24472660
>heh good guess, kid
>api3/Zeus Capital isn't important
>kleros has other nothing burgers I swear!

KUHLERRROSSSSS

>>24472838
https://blog.kleros.io/kleros-maker-fellow-on-decentralized-finance/
MAKER approached kleros with an offer - integrate Kleros into the sublayer which maintains the DAI backing, so that they can choose collateral in a decentralised way. It will very likely end up being a "DAI collateral" badge on the TCR which will have *extremely* strict requirements as to what the Maker DAO should purchase to back their DAI with. Half of defi runs on DAI. It's critical infrastructure at this point, so the requirements will be monstruously complex compared to what has previously been done by Kleros. They will probably need to create a new subcourt for very experienced Solidity coders to stake in.

>>24473114
This is why volume has gone from $10k a day to millions.

Few still even understand Kleros.

It's Chainlink all over again, and never forget it literally began the Uniswap bull run.

>>24473158
we're in a bull market retard. Random shit moons all the time for no reason other than money laundering.

>>24473192
>he doesn't know

oh anon. you are literally not going to make it. Kleros *WILL* hit $1 next year. All you had to do was listen and you'd be 13x right now.

>>24469377
Imagine not owning a stack of api3 and pnk after realizing pnk will be handling their disputes.

>>24473158
I've been following plenty of the PNK threads and I think people on /biz/ who hold PNK are either
>actually accumulating no matter what price and do not plan on selling or
>just getting in because they see memes and are going to sell at $1
Both will do well, but the second doesn't understand kleros, like you say, and will miss out on the 1000x.

Then there's people who don't hold Kleros. They're the kind who will bend the knee and consolidate all their useless shitcoins into PNK at $1. They'll eventually be the people on /biz/ with 5-10k LINK stacks now - doing well, but they missed out on the real make-it gains. Like this guy >>24473192

>>24469377
Pajeet info graphic full of grammatical errors

>>24473576
>arbitrary price prediction
>non existent volume
>just listen to Indians anon!
>>24473735
>pnk jeets idolize anons with 5-10k stacklets of stinkies
you had three years of spoon and now you want to begin again with you don't understand lmao

>>24473735
Why would I consolidate my stack of eth/link/btc kek
I have some hashies like 1k worth maybe I'll buy gay unicorns or food cryptos

>>24473735
>actually accumulating no matter what price and do not plan on selling or

yep

poor cookie here only have 30k PNK will I make it

>>24473804
>pnk jeets idolize anons with 5-10k stacklets of stinkies
I said they missed the boat.

>>24473840
>eth/link/btc
These aren't shitcoins. There are plenty of anons holding garbage tokens (STA, RSR, etc) which should never have made it past the drawing board, but the real money currently locked up in these shitcoins will flow into PNK when they realise what they're missing out on.

>>24473936
no they're just in time to board the link rocket
>STA/RSR
>Shitcoin flow into PNK
are you like an actual poo?

>>24473965
stinky nulinker

>>24473804
what is reading comprehension

>>24473965
this. The LiNK rises

I currently hold 1 BTC I bought back in January. Should I hold the Bitcoin, hold LINK, or hold Kleros for the next 3 years?

Also, I know LINK has some screenshots of people in 2017 posting their due diligence. If such screenshots exist for Kleros, I'd love to read them.

>>24473971
>>24473972
Lmao all in since .40c anons what is your excuse?

>>24473988
Checked. No fren it's just low tier spam

>>24473991
Sure you have nulinker. Anyway, links time is over. The only thing that awaits you is sergeys weekly dumps and no development, while the price is being outperformed by ethereum.

>>24474022
KEK Spergy dump fat peepee poopoo
No develop two man team stuttering potheads

>>24473991
>40 cents

newfag

>>24474062
New yes very new too new for indians

>>24473988
There are infographics floating around but honestly you're better off reading the yellowpaper or the book and making up your own mind.
https://kleros.io/static/yellowpaper_en-28d8e155664f3f21578958a482f33bd1.pdf
https://kleros.io/book/

BTC is always a good hold, LINK depends on multiple factors, Kleros is imo extremely undervalued. Depends on your risk profile and personal understanding of how the crypto space will evolve in the next 3-4 years.

>>24474103
this reads like a board game rule book and the graphics are annoying and unprofessional

>>24474171
And you read like a dumbfuck kek

>>24474103
Thanks.

>>24474181
nice response tard glyptos court will solve this hahahaha

>>24469463
lollll are you serious? don't even try to come at me with xrp vs pnk it's just dumb

>>24474197
You’re the epitome of a newfag

>>24474236
>everyone I don't like is a newfag
Yes!

>>24469377
I have 40k
Could buy 10k more

>>24474255
Smart

HAHA PNK GO UP IGNORE STRANGE CHART GOY!!

>>24474264
or is he?

>>24469377
>solutions looking for problems
lmao buttheads

>>24474103
HAYOOOO

Just did a quick read in the white paper. Sounds like a nice project. Thinking about buying 1000$ worth of PNK.

>>24474544
pink id and dubs
both checked

>>24474544
they make the white paper sound really nice then you realize it's a s.o.y.i.m court token designed by a preening french faggot that adds more subjectivity than it purports to solve

might be able to squeeze a 2x out of it before people realize it's a power grab for globohomo bullshit

>>24474622
kek it's like a jew court shekel

>>24474544
>quick read
Go read the book, the chapter abut usecases. It's somewhere towards the end. You'll want to buy more.

Chainlink = objective truth

Kleros = subjective truth.

It’s really that simple. They are competing ideologies and as we know from history people who believe in subjective truth are dumb commie assholes who want their opinions to have material effect on reality. They are a death cult. Any project that integrates PNK is a massive Sell flag as their allowing subjectiveness to infiltrate their project and it’s doomed to corruption.

Don’t give up on a deterministic world. Reality exists. 1 is 1. A is A.

imagine not buying CVP month ago

>>24469377
checked.
imagine having to piggyback off of successful projects to shill your pajeet shite.
ffs op now is not the time to be holding anything other than the top 3, if you want risk/reward go with the third.

Anyone who isn’t super bullish on PNK doesn’t understand crypto

>>24474860
What is this even ngmi desuuu

>>24473913
what could you do with 600k?

Just bought a small stack of 2k PNK, which courts should I join?

>>24471972
How exactly will they streamline it? Seems like you still need to go through a judiciary process to get a solution.

>>24475109
This, it's unironically the next chainlink

>>24475632
non-technical blockchain is the only game in town for now if you're desperate for cases

>>24474803
This is the most retarded fud I've ever seen

I bought while it was 0.09, and now its 0.10, thats a 10% rise in just two weeks. Any chance of going to $1?

>>24475777
Oh you better believe it. Checked.

>>24472861
this sounds like a fucking retarded system
1. no metric of "specific" for stake size
2. no metric for "good ruling" for stake loss

>>24474803
I hold both

>>24474622
Nothing about those guidelines sounds bad, was this FUD? I don't get it.

>>24475644
Checked, Kleros would be the judiciary process.

>>24474622
Wtf I hate Kleros now

>>24469377
Only one of those needs direct human intervention. The bottom shitcoin

>>24476636
>missed the point

>hardware wallet still isn't here
>to paranoid to generate an ethereum wallet on a networked computer
>can't just buy PNK on an exchange because my government is cucking me
>haven't been able to throw money at PNK and start judging cases for a WEEK
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>24474171
>it's not shiny and the pictures aren't pretty enough!
Can I interest you in stock investing? How about the bond market? Perhaps some commercial real estate?

>>24476060
>2. no metric for "good ruling" for stake loss
Basically if you vote in the minority on a case, it's assumed that you're an idiot who didn't understand the material and you lose your stake. I'm not sure exactly how that works with appeals that overturn prior decisions (do you get your stake back when it's proven you were right all along?), but even if you don't it'll encourage people who can't coordinate to converge on an honest answer as best they can. If you don't understand Kleros you legit just don't understand game theory and schelling points, which really aren't complicated concepts when you get down to it. Blockchain verification via cryptography and proof of work is way more complicated.

Oh, my hardware wallet arrived. Sweet! Now to spend 3 hours figuring this shit out.

is 120k enough to make it?

>>24478692
Yes

>>24469377
OP is based and gmi

>>24478692
Bitcoin will reach 1 million in 2028-2030, the crypto market will be worth Trillions in dollar, PNK is niche but mosltly the kleros project is anachronistic if it find somehow adoption among industries then 120k fine.

>>24480008
PNK solves a real world problem that everyone basically understands. The only real problem to widespread adoption is getting Kleros court rulings upheld by default by the state legal systems. Kleros could very easily take over small claims court and just get rubber stamped by a judge and completely take over simple arbitration and ADR systems. The biggest problem I see is the need for real life courts to ensure that every juror on a given case is from the right state (ie, limit jurors to PNK holders who are citizens of a given state, eg california for california cases). That shouldn't be too hard to implement though.

>>24480635
This FUD is hilarious. Thanks for the laughs anon. Stay poor btw

>>24472689
no luigi.finance so NGMI

>>24469377
don’t have to imagine, extremely comfy not holding one of the worst performing cryptos this year no wonder this shit is controlled by a few whales paying third worlders to shill here

>>24470308
API3

>>24475647
MY CURRY STAYS SUPER SLURRY PNK $100 EOY

>>24480822
>What is a chart

>>24473991
I was the person posting this and it was a bullshit larp, I was bored at the time. Proved it recently in a few other threads. You're debunked.

>>24481966
DRNS

>>24472689

tell me this is larp.

>>24482253
Are you retarded?

>>24472689
what

>>24480870
What's the big deal about api3?

>>24474622
calling a coin reddit isn't exactly an insult since you're speculating on the value of, literally, nothing. the more tards emotionally invested. reddit is probably the highest praise you could give to a coin because it means it's likely to take off