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File: 6 KB, 225x225, the future is now.jpg [View same] [iqdb] [saucenao] [google]

3991192

I've finally understand Anonymous Sat Oct 21 17:53:03 2017 No.3991192 [Reply] [Original]

I didn't understand, but I do now. I started looking into LINK when it was 20 cents. It took me until last night before I realized something. Buy this, now. As much as you can. If you look at the overall picture of what's happening and the wealth being poured into crypto, you'll see that this is just the beginning. And LINK owns over 80% of that space. All the money in crypto flows through this coin. That's it's value, that's what's going to make it rise. What makes LINK valuable? It's LINK. There are around 7.8 billion people in the world right now, and only 1 billion LINK will ever exist. Let that sink in. Not even every person would be able to own a single LINK. Some analysts predict a million dollars per LINK isn't far off. It'll become a status symbol. We memed a president into the white house, this isn't a stretch. I used to laugh at the green text about tipping an escort .000000001 LINK. This is where it's headed, not laughing anymore. Spend 90% on LINK and hold, use 10% to play with alts and grow your LINK stack. Buy now, you're running out of time

>>	Anonymous Sat Oct 21 17:56:49 2017 No.3991239 >a milion dollars per LINK >isn't far off >status symbol Jesus fucking Christ.

>>	Anonymous Sat Oct 21 17:58:24 2017 No.3991251 People don't realize that this will mostly be a backend thing that corporations use, not something you'll hear about a lot. SWIFT isn't even a meme you just think so. >its all in your head

>>	Anonymous Sat Oct 21 17:58:44 2017 No.3991255 File: 225 KB, 587x331, delusionism.jpg [View same] [iqdb] [saucenao] [google] >>3991192 Linktard exposed!

>>	Anonymous Sat Oct 21 18:05:35 2017 No.3991340 $1 million per link? No. $5 per link in 3 months. Yes

>>	Anonymous Sat Oct 21 18:08:14 2017 No.3991386 So if I'm a big business that wan'ts to link it's internal systems to blockchain systems and vice versa, why would I not just bootstrap my own link or use cheap variant?

>>	Anonymous Sat Oct 21 18:09:17 2017 No.3991400 >>3991386 After all, the LINK part should be invisible to end-user, right?

>>	Anonymous Sat Oct 21 18:09:22 2017 No.3991402 idk why there aren’t more reasonable takes on LINK... it’s either absurd FUD “going to 0 soon” or shit like this. $5/10/20 is possible, a million is not, especially with this supply level

>>	Anonymous Sat Oct 21 18:10:29 2017 No.3991420 >>3991386 You can already do that but the data feeds will not be trustless.

>>

Anonymous Sat Oct 21 18:10:42 2017 No.3991425

>>3991386
the idea is that these companies are too slow to do this and even though crypto hiring is up like 600% year over year, most of them just don’t have the people to do it themselves. LINK is a working product early enough into the industry that it has the chance

>>	Anonymous Sat Oct 21 19:34:21 2017 No.3992529 >>3991251 This, it's totally a back-end thing and OP is deluisional, but I'm still salivating thinking about mass adoption in enterprise for it.

>>

Anonymous Sat Oct 21 19:36:07 2017 No.3992551

The answer: Oracles. Right now the answer is "hey we can hire Oracle X to do the translation to represent this bank dollar transaction on the blockchain." The "oracle problem" with this is that you are 100% TRUSTING that oracle to act prudently. That they don't tamper with the data. So we can kill coinbase but now we have to trust the oracle instead of coinbase. This is a HUGE problem for Banks who want to get into blockchain but have to trust a centralized oracle to translate data. This Oracle can be hacked, falsified, defrauded, really all the problems that come with cenralization.
ChainLink - this service DECENTRALIZES that translation process of the Oracle. Now, the translation is trustless, and you have a trustless data feed that informs the trustless smart contract.
Multibillion dollar institutions can rely on distributed blockchain technology and know the data that informs their smart contracts is tamperproof.
So that's what ChainLink does. ChainLink is the first decentralized oracle that allows anyone to securely provide smart contracts with access to external data, off-chain payments, and really literally any other API you can dream up.

Anyone can now engrain off-chain data directly onto the blockchain in an actually decentralized way and use that data to directly inform trustless smart contracts, and since the oracle is decentralized you know the data feed is secure and you’re not concerned with tampering on the oracle’s part. This is like a skeleton key to actualize the data on the blockchain and apply that data to real use cases.

>>	Anonymous Sat Oct 21 19:40:31 2017 No.3992605 File: 66 KB, 720x960, EULA.jpg [View same] [iqdb] [saucenao] [google] So where's it trading at now? For that matter, where the fuck could you even buy it?

>>	Anonymous Sat Oct 21 19:41:25 2017 No.3992619 >>3992551 Yup. I've been hard as diamonds for this thing ever since I read the WP. It's physically impossible for me to break even a drop of sweat at this Binance manipulation. I know too much about the inevitable.

>>	Anonymous Sat Oct 21 19:46:28 2017 No.3992667 >>3992619 And the inevitable is a shitload of cash all around