/biz/ - Business & Finance

>We're moving into the global, open API ecosystem, and there is no choice.
>So all of the large organizations will come - kicking and screaming in some cases.
-Alan Lockhart, head of open banking and fintech solutions at RBS

The relevant EU directive is PSD2 (Payment Services Directive 2)
https://www.wikiwand.com/en/Payment_Services_Directive#/Revised_Directive_on_Payment_Services_.28PSD2.29

Ignore at your peril.

Here's Swift talking about PSD2 in the wrap-up report for last Sibos:

>"The European Union’s second Payments Services Directive (PSD2) and the UK’s Open Banking Initiative, due to come into effect from 2018, both mandate use of standardised open APIs to facilitate access to bank customers’ transaction and account data."

https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

(the UK's Open Banking Initiative is a similar directive as PSD2)

what will the dollar value of a link token be when it's blockchain is operating?

>>4677613

Excellent post

>>4677623
forgive him anon

>>4677613
$20

>>4677623
>>4677661
if it's not a blockchain why do the tokens have value?

>>4677723

They don't. Don't buy link. Too complicated and confusing. Stick to safe bets like btc

Honestly who gives a fuck about the price when info like this is around. Link could corner the entire EU banking sector with their tech in the next 6 months. Holy fucking shit.

This is not a moon mission anymore.

This is a mission to Andromeda

>>4677849
>Honestly who gives a fuck about the price when info like this is around.
My thoughts exactly.

>>4677849
next 6 months lmao, is there even a roadmap. At this point LINK could be Confido 2.0. No news and communication from sergey all we here is some vague shit from rory. Don't get me wrong but I hope things turn out well but don't look like a cult follower.

Pajeet here. Thank you to all you sir who dropped bag cause of our fud. You did the needful thank you good sirs ;) p.s. the fud was timed for this news

Honestly, /biz/ is so good at identifying coins. Its terrible at hodling.

>>4678318
>is there even a roadmap
Yes, finishing and releasing the main net.
This was literally said many times by them.
That's the general roadmap. Done.

If you want technical specifics, see pic related.
And if you want more info in technical specifics, ask Steve in the Gitter. He'll likely respond within the day. He even responded on thanksgiving.

>>4678354
I'm doing it again, aren't I?

I'm listening to biz.

>>4677404
Comfy hold is comfy.
Any bag holders who sell are feeding the Pajeets cheap Lambos. You are giving them a bigger control of the market. Do not feed the Pajeets and do not buy into the FUD!
If you sold to make a proffit somewhere else then rebuy what you can afford to HOLD for 6+months right now so they don't make any more money! Take their flipping bags now while the price is still low.

>>4678374
Remember that this is crypto after all. Never invest more than you can afford to flush down the toilet.

But this is honestly one of the most promising crypto projects.
Everything just seems to be falling into place.
I mean, fucking governments FORCING banks to put out open APIs? This is one of the very best-case scenarios you could imagine for Chainlink.
And if you look at the use case for Chainlink (mainstream fucking smart contracts), it's difficult to stay calm.

But still. See the first line in this post.

>>4678354
That's not what a real roadmap looks like, it's too vague in both description of the development it requires and the time (short, medium, long term could mean many things)

True

>>4678318
>>4678354
>>4678374

/biz/ is retarded. Sergey basically told us exactly what he was going to be doing 1 month ago and acknowledged the lack of communication. Sorry he doesn't hold your hand and post clickbait everyday on twitter like mommycoin

>>4678374
you are listening to the real /biz/, not the Pajeet /biz/ trying to FUD LINK so they can flip it and accumulate bags and gain a greater control over the market.

>>4678350
Yes, they are. That's why I come here to get some fresh information and hints. Aside ALL MASSIVE GARBAGE, there is like 3-5% quality information that I don't want to miss. Just have to learn to distinguish between retard FUD and actual logical argumentative FUD. Usually when no source is given: ignore.

However, I don't give a rats ass about the FUD anyway and usually buy once 4chan is mostly out. PND groups are attracted when there is massive FOMO on biz. One should VERY wary of that and never invest into something that already pumped when it his shilled hard. People should usually know at this point how things work. I myself bought into Chainlink at 0.19$ and 0.17$. Not the best entry point considering the current price, but at least I waited until after the pump/bleeding.

>>4677613
0.11$ if not less

vitalik said it was very overvalued even at its ico marketcap desu

>>4678441
who cares about a roadmap? did satoshi have a fucking roadmap?

>>4678441
So don't buy Link.

>>4678441
K so kys

>>4678469
>vitalik said
Let's not listen too much to what Vitalik says for a while.

>>4678447
All that text and it's literally nothing.

>"also in the process of making a plan for keeping the community better updated"
>goes missing, communication is at the all time worst
Sure thing Sergey, you really improved the communication.

>>4678476
>>4678478
>>4678479
Hahahaha here they come, the delusional bagholders with no argument as to why the project doesn't have one of the most basic things: a fucking roadmap.
They salty my friends.

>>4678496
>claim others have no argument
>have no argument yourself

Oh boy.

>>4677404
obviously banks will use chainlink and not implement their own <openAPI>
enjoy holding those heavy bags anons

>>4678496
Here's the roadmap: turn Chainlink v1.0 (which was used in the Swift PoC) into the main net and release it.

>>4677723
Link doesn't have it's own blockchain. Its an ETH token. It's whole thing is smart contracts. Contracts that are so smart, lawyers can't read them.

>>4678469
he said eth was overvalued 7$ too

>>4678506
>banks will implement their own <openAPI>
That's what the EU will force them to do, yes.

You seem confused lol.

>>4678506
Yeah, they will pretty much invest millions and millions to build their own infrastructure with yearlong development instead of just paying a fee for using an already developed network to not fall behind all the other banks that are already doing so.

>how do I market?

>>4678354

> short medium and long term goals
> SMART goals, writing them down every day
> keep your eyes on the prize guys

>>4678505
Can you read you stupid nigger?

In my previous post I said that the roadmap is the pic is not the real roadmap.
It was created by another bagholder taken from the whitepaper and did a summary of them for shilling purposes.

The team has no official roadmap with specific requirements and time limits, you know, the things real roadmaps have.

>>4678513
>take a PoC and make a functioning product
Nice

>>4678447

what is this gobbledygook what the fuck is ISO20022

le 11000 banks, none of which bought our coin btw

>>4678553
>The team has no official roadmap
See >>4678513

>>4678561
>what the fuck is ISO20022
According to Swift, it's "the bedrock for global interoperability".
In other words, the future of global financial networking.

And Swift lists Chainlink as a key example of ISO20022 implementation, right alongside Swift's flagship GPI project.

>>4678553
You have no argument because you are the stupid nigger yourself. If you need a "shiny picture" roadmap to imagine things that have been repeatedly stated, you better go back to school and try actually reading some stuff in books instead of just looking at animes with pictures. Just because there is no flashy gif to sum up the information spoonfeeding you doesn't change anything about the fundamentals.

You still didn't answer where the fuck Bitcoins roadmap is and why it succeeds nonetheless.

>>4678566
see >>4678553

https://request.network/#/
Scroll down, this is what a decent roadmap looks like

>>4678615
Wew lad, that's a lot of angry projections. Are you alright?

I can't take someone seriously after saying "did satoshi have a roadmap".
This is some reddit tier delusional thinking and my friendly advice for you is to take Sergey's dick out of your ass and start thinking for yourself.

We have 0(zero) idea where they are with development.
The only thing we know is they are "porting the core to Go language" and we wouldn't even know that if we weren't spamming Rory to say something.

>>4678494

This. He may be good coding and such but people seem to forget he is an autist 23yo, as if they would listen to other people his age...

There are not enough LINK threads on /biz/ Show them the true meaning of cancer Marines!
>>4678607

>>4678615
bitcoin doesnt have a road map becuase it was the first.
it also took 5 years to gain traction.

>>4678666

Req's roadmap is for children. Naming your steps? Lol sergey and the boys have better things to do than appease autistic neckbeards on 4chan. I'm cringing so hard looking at their page my socks are getting wet. Literally fuck off.

>>4678666
>call others stupid nigger
>get offended and calls it angry projection when other random guy calls him stupid nigger

Not much to argue there, I guess. Can't take you seriously either, you are a pathetic waste of human existence.

>>4678757
lmao.
>ChainLink Certification Service, alright who the fuck cares.
>Implement MIGFLAG for Contract-Upgrade Service? What the fuck are those words even? This project is fucking doomed.
>WOW! Request Colosseum?
>Request Stonehenge!
>REQUEST FUCKING PYRAMID!
>Now THAT is something else! Take my fucking money!

>>4677613
Impossible to say now, but it is 90% sure that LINK will be in the top 10, and then its market cap will be tens of billions, if not hundreds

>>4678757
Exactly that I was referring to multiple times now. Nothing changes because you throw in some fancy gifs and waste time, money and effort to appease some retards who can distinguish information by reading and abstract it in order to draw an own conclusion if they should invest or not.

Those are usually the bottom tier school dropouts that will never be successful in anything, because they lack exactly that: reading comprehension and abstract thinking. Every nice picture appeases them and they get constantly lured into traps and don't recognize when actually something solid is in front of them. That and lack of basic understanding of how markets move and how companies are successful. If the fact that SWIFT and several banks that are willingly getting involved with Chainlink don't make you understand that they are also staking their reputation by getting advertised by and through Chainlink and that it is therefore not a "scam", then seriously, you are in for a lifetime of poverty and unhappiness due to your low intelligence. This is just sad.

>>4678532
>millions and millions
yes, banks will spend millions to implement their own solution rather then use chainlink or anything ether based that a bunch of faggots shill on the interwebs.
how can you be so fucking delusional?

>>4678757
WTF are they serious with that? They really are a bunch of right out of collage soy boys, aren't they? I bet they have inclusivity training and equality lectures twice a week and a social justice grad as their HR manager. This is the BuzzFeed of crypto.

:-(

>>4678870
why are you even in crypto if you don't understand basic principles of blockchain, you dimwit? just leave and never look back.

>>4678523
you seem butthurt that even though link has been shillend like crazy for almost a week no one is buying your bags

>>4678757
Who cares if they name steps, why are you fucking butthurt about unimportant things you salty bagholder?
The only important things are the requirements and the timeline, Chainlink doesn't have any of those.

>>4678769
Nice reading comprehension retard.
Here's your projection:
>try actually reading some stuff in books instead of just looking at animes with pictures

>>4678827
Kek
>I'm cringing so hard looking at their page
Look at the Chainlink website.
They are so fucking lazy and incompetent they haven't updated the website since August presale.
It still has all the ICO details on it, fucking embarrassing.
Not to mention they literally copy-pasted Tierion's website.
Anons found old test pages that contained Tierion information on the smartcontract.com domain.

>>4677613
Less than $0.40 which I bought them for

>>4678959
Oops, the website part is for >>4678757

>>4678863
This. If Chainlink suddenly turns out to be an exitscam
>SWIFT gets put in the spotlights for "supporting a 32 million dollar scam"
>Sergey Nazarov, who has shown his face countless times, gets jailed for life
Confido happened because the devs were a bunch of nobodies noone's ever heard of that used fake pictures and stolen identities on their site
there is absolutely no fucking way link is an exit scam. I cannot fathom how it could possibly happen.

>>4678959
Your stupidity is beyond measurable levels. You are just getting more pathetic by the minute.

>>4678989
Nice ad hominem lmao.

You linkies really should try better than just attacking people for not following your delusional beliefs.
Maybe try using some facts and logic instead.

>>4678979
honestly m8 I don't think anyone seriously thinks LINK is going to do a confido - not with that whitepaper and their presentations

It's the kind of FUD that doesn't even warrant a reply

>>4678935
it's not about <the principles of blockchain> faggot
it's about banks having no fucking reason to use chainlink

>>4678989

>>4679027
why do you even care to get involved in the argument? Just don't buy LINK and move on

>rent free

>>4679037
ah you're right, Ari Juels' reputation would be fucked for life as well

>>4678469
>>4678518

>>4677404
Yep, SWIFT is very eager to start using the blockchain. It's only a matter of time that my 20k link buys me a house.

>>4679065
any one of the reasons you gave would be sufficient to show how ridiculous the scam argument is

here's another one:
registering smartcontract.com 5 years ago so you could hold an ICO (not yet invented) on a platform (ethereum) that had also not been invented yet

It's the weakest FUD going

>>4679061
Because Sergey wasted 3 months of my life I'm never getting back + cost opportunity.

And I've made it my mission to fight the delusional bagholders with real facts.
It's the only way to set this project on the right path. Maybe if they realize that Sergey is a lazy nigger and stop defending his coalburning lover minion, maybe they'll be able to see this project for what it really is.

>>4679061
It is a coping mechanism for being to fearful and stupid to actually recognizing and grasping the opportunity, because deep down subconsciously he hates himself even more because of that. like most of the LINK FUDing dimwits.

It is like knowing a girl you like wants to have sex with you and yet you are too afraid to make the first move because you are weak-minded, ultimately leading to missing out the opportunity and hating yourself afterwards.

>>4679123
yes it's definitely not a scam, but that only makes sergey disappearing completely from the face of the earth all the more curious.
what has he been doing the past couple of weeks?

>>4679147
Keep up with the projections m8, you've yet to form a single argument against anything I've posted in this thread.

All of your posts are basically "muh feelings" and "you're stupid". That's not how you win arguments.

>>4679158
maybe work, but who knows?

>>4679130
>+ cost opportunity
Don't pretend LINK cost you any opportunity. If you knew that LINK was going to tank and BTC was going to rise, then you'd have bought BTC and sold LINK. You clearly don't know what you're doing so why delude yourself that you'd have made money if you weren't holding LINK?

Are you going to start FUDing BTC in 6 months time for the 'cost opportunity' that it prevented you from holding LINK?

You made your decision. You're just an ADHD kid who's angry that decision wasn't vindicated in a couple of weeks.

>Buy high, sell low

>>4679191
>muh need fancy roadmap, or no good project

to be imagined in pajeet voice

>>4678870
The lead tech at SWIFT just said that he would be happy to onboard some outside tech solutions to complete their projects as long as he agreed that the tech would benefit SWIFT and it's customers. It was in one of those PDFs floating around.

>>4679158
Networking IRL probably. Business networking, not computer. He probably doesn't want to spend 5min on slack, that's why he hired Rory. He is helping Rory care for his wife's children. Sergey is a nice guy like that.

>>4679207
>people always implying they can or """"could""" predict the market

Yeah, it is actually a quite dumb argument. If you KNEW it would happen, you'd do so. It is always the own fault in wrongly predicting the market. And nobody CAN actually predict the market.

>>4678666
Lmao, I knew that type of roadmap would appeal to you.

Meanwhile, here's the official roadmap for Swift's flagship GPI project.
It's about as vague and generalized as Chainlink's roadmap is.

Substance >>>>>>>>>>>>>>>>>> form.

>>4678827
Fucking lmao, exactly.

>>4679300
Oh wow, what a roadmap!

BUY BUY BUY

>>4679320
>>4679319
>>4679300

/biz/ is too dumb to connect dots. It's why most of the posters here will stay poor.

>>4679211
The visual design of the roadmap has nothing to do with the roadmap's content you absolute mong.

The content is requirements + timeline, why is that so hard for your tiny nigger brain to comprehend?

>>4679300
Pic related only is still better than whatever Chainlink has, 3 very clear objectives plus Q1 2017 timeline.
CL has nothing except linkie fanart and whitepaper contains vague and highly technical words only people working on the actual architecture are familiar with).

>>4679225
Yes, in the 2017 Sibos wrap-up report:
https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

Here's a quote from a top manager at Deutsche Bank on this matter:

>"David Watson, head of digital cash products at Deutsche Bank. “If someone else can deliver a part of the value chain better than I, and provided that I am comfortable that the experience will benefit my client, I am happy to provide 80% of a service, and bring in a startup to offer the other 20%"

This echoes the sentiments across the entire legacy financial world.

>>4679130
You mean you bought into FOMO and do not understand how coins will often pump and dump let alone LINKs whitepaper. LINK was always a longer-term hold. It will make it into the top coins eventually but it was never going to go up there after SIBOS. You are a monkey for believing that. Its value currently is being manipulated by Pajeets accumulating. If you wanted a quick moon mission then start buying at ICO and selling the initial pumps or go gamble on some shit coins and pray. This is a sure thing but it will take time like all good things. This whole mindset you have is endemic of the entitled ADHD generation. It is why communism is rampant, they want everything now now now and do not realise that good things take time. They bitch about the rich and why can't they be rich but none of them are prepared to put in the 40 years of hard work and sacrifice to get there. Now now now. You are the one being emotional over this and looking for instant gratification, not us. You are probably trying desperately to fill a void in you left over from your childhood. What is it, too much hugging, not enough, beatings, extra friendly uncle or aunt, bullied, parents left you in daycare?
>Now
>Now
>Now
>waaaaaaaaaaaaah waaaaaaaaaaaaah
Just stfu and buy some LINK and HOLD for 2 years. It is not that hard. This project is golden. Gamble with whats left of your portfolio and write any LINK off as an investment in your future. Do not even add it to your cockfolio. It is not that hard.

>>4679367
>3 very clear objectives plus Q1 2017 timeline
Lmao, those are three maybes.
The leader of the DLT PoC project (which was about Fabric) literally said it might not even lead to the adoption of Fabric.

And the Industry Challenge is also entirely non-committal for Swift.
Last year there were three winners (including Chainlink), but only one got to do a PoC: Chainlink.

>plus Q1 2017 timeline
They're saying it was "ongoing" in Q1; that was when they posted that roadmap.
We're now Q4 2017, and the decision on the DLT PoC still has to be announced.

>>4677404
can somebody please explain me how they kickstarted 33million with 2 people with no progess whatsoever and still looking for coders

Anyone thinking what I'm thinking... Monetary unions hq is in Bryssels BELGIUM, they are making APIs AGNOSTIC. What were the other hints?

jus' hold on, my friends. the lambo calvary is on its way.

>>4679677

Are you the guy who was leaving uppercase hints or just repeating his? I knew BELGIUM was one. I didn't know AGNOSTIC was; did you get it from him?

I think that guy may have been trying to point us to the report rory shared yesterday. Realistically I think the point is is that SWIFT and Chainlink are much deeper in bed and more of a sure thing than either has publically acknowledged. I'm fairly certain that's what he's trying to tell us and agnostic fits in with that perfectly too.

>>4677404
>EU is about to force banks to make their info available through open APIs in 2018

Explain this to a brainlet - does this mean all EU banks will publicly share everyones bank account info?

Are you saying everyone's money deposit will be for everyone to see?

What?

>>4679737
Im just repeating. AGNOSTIC was one of the hints given on /biz, but there were more.

>>4679781
Bump, spoonfeed me as well please, I tried understanding with my own research but I can't into financespeak

>>4679737
European union is also in belgium

Could mean that all the banks in europe and Engeland have to use it

>>4679477
Are you seriously comparing a private project vs a project that publicly raised 32 million?

They seriously don't owe anyone any updates or explanations. They are working on a system that they themselves funded.
Sergey on the other hand asked the strangers for money and then went on a vacation and stopped interacting with the community.

>>4679947
>GPI
>private project

Lmao. Do five minutes of googling. I'll wait.

>>4679947
>then went on a vacation
proof of this, please.

>>4679940

If that's the case, if they're pushing for fucking publicly available account info, I'm moving all into crypto whatever the fluctuations might be.

Also, this whole crypto meme, I hope you're aware that it's the actual mark of the beast shit, few more year down the line when blockchain gets adopted and every single movement you make, travelwise, internetwise, gas station, mall, food, internet purchases, income, taxes, everything will be on you, thanks to blockchain.

The commie sperg libtard faggot neets (like Vitalik) will introduce living hell on earth. You won't be able to blink without everyone knowing about it - thru blockchain. It actually disgusts me.

wasn't ethereum also popular here and also fudded until it took off?

>>4679941
Haven't you heard of brexit?, But yeah you're right that all the EU countries have to start using open apis

>>4679977
Did they have an ICO collecting funding money from complete strangers online?

Didn't think so, ICOs have certain responsibilities if you haven't noticed.
Or projects lose credibility very fast, LINK is the perfect example of this.

>>4679982
I think someone posted Rory saying this, I don't have the screenshot.

>>4680077
>I think someone posted Rory saying this, I don't have the screenshot.
no, they did not. get the screenshot or shut up.

>>4679781
>>4679940
Smart contracts are automatic.
In order to have smart contract, you need extreme levels of confidence, to the point where you don't have to "trust" anyone (i.e. "trustless").

Smart contracts were invented in the 90s by Nick Szabo, but they were a theory, there was never enough trustlessness.

Until the blockchain came along; which is as trustless as it gets thanks to its decentralization (i.e. hundreds of thousands of independent "nodes" hold all proofs ever generated).

But until now, smart contracts were only available within crypto; like via ETH.

If you want MAINSTREAM smart contracts, you need to input external data into the blockchain. This is done via "oracles".

However, they also need to be decentralized, otherwise you have a single point of failure, defeating the purpose of the blockchain's decentralization.

So: you build a decentralized network of oracles. Chainlink.
This means there will be hundreds of thousands of independent oracles, all processing data.

Where does this data come from?
For instance from APIs, which are sources of information basically.

Currently, banks already perform BILLIONS of API calls every day. But many of them are internal.

Now, the EU is forcing banks to open up those APIs to the public.

So now Chainlink nodes will have ready access to all those APIs.
Chainlink was already a promising project, but this is absolutely incredible.

Hence the dandelion analogy in my OP.

>>4680077
>Did they have an ICO collecting funding money from complete strangers online?
Because ICOs are the only way of gathering funding, right?
Lmao.

Even if you are a venture capitalist in a major tech company, you'll be lucky to get quarterly updates.
Chainlink is spoiling us with info compared to how mainstream business works.

>>4680099
>EU is forcing banks to open up those APIs to the public

So...could this mean my bank acc. info will be publicly available to anyone?

>>4680037
No, whats Brexit? RUUULE BRITANIA!!!!

>>4677404
>Netscape pages need HTML
>IEEE is about to force everyone to use HTML

Wew lad!

>>4680127
Yes dear. Also, you will be required to fund and join the EU army soon. This is why you need to buy LINK so you can escape the communist nightmare the EU will become.

>>4679941
>Could mean that all the banks in europe and Engeland have to use it
PSD2 (from my OP) is going to force banks in the EU to open up APIs.

The UK has a similar directive called "Open Banking Initiative".

And there is no doubt this will extend to the US as well: https://www.mx.com/moneysummit/api-europe-us

>>4680126
>Chainlink is spoiling us with info compared to how mainstream business works.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

I just can't sorry, I forgot this wasn't crypto I didn't realize we had a Chainlink IPO and are trading stocks.
The mental gymnastics linkies go through to justify their losses.
You sound like a bunch of abuse victims.

>>4680156
IE didn't have an army or political dominion.

>>4680086
Sergey is dying. His weight gain coincides with the progression of his illness. As his illness progresses and his body deteriorates, he has to take more and more time off. He and Steve are trying to get the oracle network up and running before Sergey passes. After Sergey dies, his 300,000,000 LINKs will be locked away forever. If Sergey and Steve succeed- that 300,000,000 LINK will be the greatest untouchable wealth the world has ever seen.

Right now Sergey is in Sri Lanka because he is a virgin and he wants to get laid before he dies. He confided this to me right before SIBOS began. He's on one final vacation, where he plans to lose his virginity and then come back and complete the Chainlink network full steam ahead and a new man.

Sergey knows he'll never live to see Chainlink at it's fullest, but he wants to be remembered. That's why the 300,000,000 will be locked away. He will be the richest man who never lived, and all of humanity will know.

>>4680127
Not "publicly", the parties handling the info need to comply with legal regulations and privacy and licencing conditions.

Consider it an open sourcing of banking info.

>>4680189
Even if you are a major stockholder in a massive company like Swift, you'd be lucky to get quarterly updates.
Weird huh?

>>4680189
chainlink is still 2x ico price, even during this arse wrecking bitcoin mayhem.

>>4680271
>parties handling the info

Oh, ok.

So, banking data will be publicly available.

For fuck sake....we're really reaching the tipping point, the hell...

>>4680219
bullshit there's no evidence of any illness, just stressed the fuck out. Anyone would be in his shoes. There is a photo of him from Sri Lanka with a recent time stamp. Slightly worrying but like other anons pointed out you can write solid code no matter your geographical location. To my eyes helooked pretty happy in the picture too, so should be alright. Can someone post the pic?

>>4680219
thanks for confirming you're just a troll

>>4680077
>Did they have an ICO collecting funding money from complete strangers online?
Lol SWIFT has shareholders you double nigger.

Way to broadcast what a clueless cryptard you are.

>>4680271
>reading comprehension
This is crypto, it moves fast, I don't care about stockholders.

>>4680273
Presale was 9 cents, crowdsale 11 cents. Current price is 15 cents.
Looking at the BTC value, it sits at 35% loss for presale and 45% loss for crowdsale.

So no, it's not 2x in any sense of the imagination.

>>4680326
He's dying, man... you need to make peace.

>>4680350
>again with the reading comprehension
Bunch of apes, all of you

>>4677499
what do you mean by this?

>>4680370
>I don't care about stockholders
What?

>>4678447
how dare you insult powr

>>4680315
>banking data will be publicly available.
To licenced data processors, yes.

Exactly like now.

This just occurred to me: one of the hints was SINGAPORE. Vitalik lives in Singapore and now Sergey is in Sri Lanka which is not far from Sing. What does it mean tho?

>>4680458

I hope you're not being serious.

I started that Sri Lanka meme. We have no idea where he actually is.

>>4678047

>>4678350
Pencil dick fapper Rory strikes again. Stonewalling with one hand, skinning the one eyed eel with the other

>>4680387
I mean pay attention.

>>4680476
now you see how bullshit rumours start.

>>4680476
Can you post the pic then? Seriously

How are you not buying this at the moment along with other altcoins?

>>4678506
>banks
>investing in their own IT infrastructure
top fucking kek. They haven't moved in ages, and are still stuck on their old cobol mainframes from the stoneages. But surely they will hire pro IT faggots en masse, now that they've outsourced everything to poos in the loos.

>>4680476
Chinese whispers.

>>4680370
>>4680077
>hurrdurr Swift didn't do an ICO so they don't have responsibilities to any financers
>I DON'T CARE THAT THEY HAVE SHAREHOLDERS THO

>>4680667
They pretty much literally said they actually want small independent fintech companies to handle part of the service provision, see >>4679388

We should just store those archive links of threads like these for future references to masturbate into the face of any cockmongler who is willing to suck cock for 0.01 Link in the future because he was too stupid to throw a few bucks into Link and hold in 2017.

>>4677404
>This is like forcing farmers to grow dandelions after Sergey invented a car that runs on dandelion juice.
But also forcing farmers to let anyone pic those dandelions from their farm for free. Why pay some neet for access to another persons API when you can just get it yourself?

>>4680816
Cuz that would be a single point of failure

all right you autists, you convinced me to buy some link. Where do I start? current no-coiner here. pls no bully

>>4680816
>But also forcing farmers to let anyone pic those dandelions from their farm for free.
No.
You still pay for open APIs.

>Why pay some neet for access to another persons API when you can just get it yourself?
Sure, you can set up your own Chainlink node. The more the merrier.
Sometimes it's more convenient and secure to use already established oracles with proven track records and staked asset backing.

If you meant "why not create your own Oracle"; that would defeat the purpose of decentralization; and it would also make complex transactions related impossible, like the one in the OP pic.
Imagine if every party to the transaction in the OP pic (various banks, S&P, Swift) all used their own proprietary oracles; nothing would get done since nothing is connected and there is no reason whatsoever for the other parties to trust one party's proprietary oracle.

>>4680917
buy btc or eth with fiat , then transfer btc/eth on binance. buy link. fuck off for 2 years
COME BACK END OF THE FUCKING YEAR OF 2019 .
NOW FUCK OFF

>>4680792
>dat pic
fkn saved

And I have a nice list of helpful threads already, going back a few months.
If Link goes boom, I'll be showing them to my grandkids.

>>4679191
You accuse ChainLink of not having a roadmap when it's all on the whitepaper and Sergey himself has said on an interview what markets chainlink aims to disrupt in the next 6months, year, 2 tears and 5 years

What other argument you have against link? The shitty website? Yes the website is shitty, but it dosent really need much more, not until the mainnet is out.

Smartcontract.com is the site
The other site was created for the ICO

Everything is going to plan kids, buckle in

>>4680917
Just remember this is cutting-edge venture capital.
Be prepared for anything, including total loss.

But also remember that it's not necessarily what you lose that hurts the most, it's missing out.

>>4678757
>>4678827
>>4678871
Hate to break it to you, but ethereum names all the steps too...
stupid goys, stay poor

>>4681503
The point isn't that naming all the steps is bad, anon.

>>4681503
oh wow. great point. just sold all mah links

>>4681533
Some guys are just beyond help. We shouldn't bully them.

The amounts of prose bagholders create is astounding

>>4681614
Maybe you should try reading it.

>>4680949
>>4680917
don't use BTC to move funds, that's retarded. Takes 20x longer and costs 50-60x more

https://www.etsy.com/uk/listing/560756444/pink-wojak-chainlink-link-vinyl-stickers

C'mon LINKies, get your stickers so you can show the world how much of a bagholder you are, give me yo LINK.

wow you guys literally dont know how data is passed around the internet, do you?

>>4682061
Post it notes and carrier pidgeons you dunce

>>4681844
>Pickle Rick
>Kekistan
>Pepe
>and LINK wojaks
Whelp, I guess LINK really did make it. We are a meme now. I am also pretty sure you are an Asian girl. Business acumen, Kumamon, Kurt Cobain painting, and Mandarin burn etchings. Well, good luck finding somebody on /biz/ with enough fiat left to buy anything :D

>>4681844
I take it back. You sold 6. Nice.

>>4682061
Everyone knows it's passed around via the blood and you can't get it just from shaking hands kissing.

>>4683826
This.

>>4678532
SUPERCOMPUTES

>>4684500
ON EACH CITY

>>4680026
The mark of the Beast is paperwork with our names being used against us legally

I've never bought ETH tokens, can anyone give me a basic gestalt on how they're different for a consumer compared to coins, if at all?

>>4685147
HOLY FUCK YOU NEED TO LEARN THE BASICS ON YOUR OWN. THERES THOUSANDS OF HOURS OF YOUTUBE CONTENT WHERE YOU CAN FIND MANY TRUE STATEMENTS ABOUT BLOCKCHAIN

>>4685207
I don't want to watch thousands of hours of information, though.
I just need to know if storage or transfer fees or stuff like that is different. I don't really care about the differences under the hood.

>>4685147

this is the face of nu/biz/

it's only downhere from here boys,
keep your discord groups closed from now on they are the last bastions of the early adopters

>>4685258
15% transfer fees and 15% feesto change to or from real money.