/biz/ - Business & Finance

>>54620931
+++++
++++
+++
++
+

We need to break $8.5, please let it pump.

all our hopes and dreams when we were young, the things we imagined, they will come true think positive thoughts

When does FAGMAN become FLAN MAN?
https://web3awsdeveloperday.splashthat.com/

>positivity thread
No go fuck yourselves you faggots ruined my life.

The rejection at $9 will sting again

>>54620966
> he didn’t buy below a dollar, he’s a salty pajeet or Reddit faggot who had to wait to 5$ plus to buy in

>>54620931
heh

>>54620974
>puts the dollar sign after the number
>accuses others of being a pajeet.
Nice try Ranjesh.

Give me a reason to FOMO into this shitcoin boys. I've got a $1000 burning a hole in my account.

>>54621000
Your digits

>>54621004
Kek has spoken.

>>54621000
Because it's going to reject hard.
1k now will be $790 by morning.

Chainlink will become the greatest investment of all time. There will be several films made about it. About us. In a decade I'm going to be worth more than one hundred million dollars. It's incredible. I love you all.

>>54620931
when is ccip coming out? at smartcon at beginning of october?

Zoom out lmao

>>54620931
And down she goes.

>>54621039
Consensus end of april

>>54620931
Okay guys I bought back in.

>>54620931
I just bought back in on that dip. So, let’s hope you’re right.

>>54620958
Well I thought it was clever

>>54621218
I'm not clicking that shit nigger.

Wake me up when we're past ATH

>>54621272
FAGMAN…FLANMAN

>>54621226
>>54621272
>>54621279
Wrong person

>>54620931
Have a feeling its to do with this recent publication from the IMF: https://www.imf.org/en/Publications/Policy-Papers/Issues/2023/04/12/IMF-Approach-to-Central-Bank-Digital-Currency-Capacity-Development-532177

CBDC's are clearly inevitable at this stage. Chainlink is a requirement for their functionality. It's all coming together.

>>54621039
>>54621125
lol
lmao
lmfao even

>>54621292
CBDC's are reliant (or going to be) on Chainlink for providing reliable, accurate, and tamper-proof data to the CBDC network. Even from a laymans perspective, it's obvious they'll need it for basic functionality like access to up-to-date and reliable information to make financial decisions, such as calculating exchange rates, monitoring inflation, and other important economic indicators. And obviously, they will all require CCIP as well.

i JUST bought over 100 link for like 8.50 and change.
i hope it helped.

>>54621292
>>54621347
And sorry to multipost like this... But I just realized that with this publication from the IMF (April 11, 2023), it's a likely indicator that CBDC development is at a pivotal moment right now. It's highly probable banks are running on Chainlink testnet(s) right now, and likely this is going to lead to them buying the actual token for when they need to go live. I don't know when this will happen, but it's going to cause LINK to moonshot overnight when it does. "Seemingly out of no where". It's not surprising, but the media is going to make it seem like it is.

>>54621373
I’ll believe it when I see it. I’m cautiously optimistic at this point.

>>54621373
>It's highly probable banks are running on Chainlink testnet(s) right now, and likely this is going to lead to them buying the actual token for when they need to go live. I don't know when this will happen, but it's going to cause LINK to moonshot overnight when it does.
all the prophecies are coming true

>>54621424
>>54621373
>$54
>It's gonna moonshot
>2 years later
>$7 unstable shitcoin
>BANKS ARE TURTULLY GUNNA BUY IT
>could have at 0.18
>could have earlier this year for $4
>OH THEY ARE DEF GONNA BUY OUR BAGS HIGH
>CCCP RELEASING THIS WEEK

>>54621394
It's not hard to believe though. If you just read the Chainlink documentation it will become clearly apparent. It's not ever been a question of "if", but "when" - And this has not changed. CBDC's are not a shitcoin, they are mammoth projects that have to be carefully thought out. The first big hurdle is/was getting to the PoC stage. After that their will be Risk Reduction Activities that take anywhere from 12 ~ 24 months, where the PoC goes through a High-Level Design > Low Level Design > Build > Deploy > Test > Lessons Learned > "Multiple Potential Outcomes [Expand on PoC, Scrap it and build a completely new design, etc]. Most likely there will be more than one PoC occurring at any one time. CBDC's are coming, and Chainlink is an essential tool for the development and implementation of CBDC's. It's not even a debate, it's simply a fact that anyone can go and verify for themselves.

>>54621125
heck yeah cant wait
https://cryptoevents.global/consensus-2023/

>>54621453
>Muh strawman greentext
>can't explain at all why Swift would go on stage with Sergey at Smartcon and state their love of Chainlink and their intention to continue working together.
Get back to me when you have an answer that isn't dishonest bullshit.

>>54621468
>Can't explain why financial institutions wouldn't load up on this pre $1 when they could for years
>XRP schizo garbage.
Your shitcoin will be under a dollar by eoy.

>>54621459
My skepticism is more about the timeline than it not ever happening

>>54621477
they have their deadlines, anon

>>54621486
>>54621477
Meds
Also buy an ad faggots.

PARTY TIME

>>54621486
I’m also skeptical they’ll actually be buying link on the open market

>>54621347
Cope harder XRP tier baggie

>>54620987

>>54620931
43 replies in 1 hr
totally not paid dunghill cultist shills

>>54621279
>building decentralized protocols on top of centralized corporate protocols
go diego go

>>54621519
Doubtful they'll be buying LINK on the open market. That said, once the first CBDC is rolled out (Looks like the Reserve Bank of Australia might be the first to do this) their will be a panic and a scramble for others to do the same. The competitive advantage is enormous. The real (monetary) value to LINK won't come in the form of banks acquiring initial huge lump sums of it for necessary technical reasons, but in the post-implementation phase where most likely they will be converting their CBDC currency directly to LINK via a smartcontract.

>>54621606
... via a smartcontract in order to pay for services rendered.*

Probably should have clarified that in the original sentence. Of course, the implications of the current "PAY UP" model when applied to CBDC's is staggering. 1K per LINK starts to look like a joke when put into this perspective, it will likely go much higher than that.

>>54621635
yes, 1k has always just been the floor
the real mooning begins after 1k

its time I made us a snack lads

>>54620931
Would like to see us reclaim double digits ffs
Holding this piece of shit throughout the bullrun instead of migrating to ETH in 2020 was the biggest mistake of my entire life

was just listening to a twitter podcast and some room temp iq mexican guy was bragging about going all in for 21k link at $6 and how he's very happy with his investment. not financial advice.

>>54621473
>Still can't explain
>throws ridiculously low price
>no logic
>no explanation
kek I'll take that as your surrender. Disappointing. You guys usually do better than that. Are you getting tired?

>>54620931
>up 1%
>t.stinkies: ZOMG WERE FINNA MAKE IT FINALLY
Kek

My story with chainlink begins in 2004. Someone told me something on a phone dating Chatline. I feel God will show me a sign when it's time to share my story.

nothing makes me happier than knowing twitter fags switched their LINK to everest and lost all their money in a scam coin

>>54622219
Looking forward to finally hearing your story anon

>>54622219
Based OG

>>54620931
Bump

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.
Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.
'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.
The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>>54622374
that's my favorite one, haven't seen it in a long time, thanks anon

It's over

>>54622491
its pasta newfag

>>54621606
>>54621635
Consortium groups like SWIFT will run the nodes/DON's and earn the LINK profits themselves, not hand all these revenues to random public DON's. Still good for token value of course but this flexibility is why Chainlink will be kingmade.

>>54620931
The whole market is up why do you think this is anything special for Link? Serious question.

>>54622374
Listen up newfags, I'm a tcp ip developer at a fortune 50 big data company with 25 years experience in database infosec, I've looked into chainlink and all I can tell you if that the cryptographic measures implemented in regards to the decentralized security paradigm in the API and IoT structure of chainlink's github code is fundamentally flawed after the Pivotal tracker server crashed due to the core attacks on the network enabled by its corrupt data inputs and outputs, what this really means is that by attempting to solve the oracle sybil resistance issue it instead allows customers to bypass the encrypted hardware and even hack into the smart contract Intel SGX mainframe, unless they manage to increase the signatures and scalable nodes, which isn't likely considering the Google backend isn't compatible with the legacy JSON systems and Solidity language from the EVM in the Truffle stacks, that's why the ic3 and SWIFT engineering teams developed the ISO 20220 standards but it's centralized and susceptible to the 51% front running program so yeah basically Sergey didn't foresee that the enterprise customers and cloud blockchain dapps would never allow their protocols to rely on these permissioned host mechanisms thus rendering the LINK ERC 677 token obsolete and no serious developer would consider DLT technology in these conditions, sorry linkies I'm just telling it how it is.

>>54622709
Mmh yes. The flux capacitor is shot.

>>54622709
The javascript has been hacked and now all LINK nodes are being affected, meaning they will go offline one by one.

But here's the real trick; every node that goes offline first has to be validated by other nodes, Thus the first node won't go offline until EVERY SINGLE NODE has verified it actually has gone offline

LINK will be in an infinite javascript loop. Maybe if you're a programmer you will recognize FOR and WHILE loops. Well.. This is a FOR loop that NEVER ends.

The price will TANK to at least 100 satoshi. Maybe even lower when the nodes are actually verified being offline.

Sergey is now busy setting up extra nodes to undo this process. Called contra-hacking. He has injected some GO-language code, pseudo-offline code, into the ChainLink network. This means nodes will appear the be online, while they are struggling to go offline, but in the meantime they cant because it isnt verified yet. Neat trick if you ask me, but it wont last long before the other nodes will know whats really going on.

>>54622709
This is like what my grandma hears when I try to teach her to email.

>>54620931
biz was depressed when link was $16 and now euphoric because its $8. I remember everyone making fun of a guy who sold at $12 claiming he was making the worst mistake of his life. That was a year ago and here we are. You never know we could be at the foot of another huge rally but I'm not getting my hopes up after almost 3 years of disappointment.

>>54622709
big if true. just sold 100k link erc 677 tokens.

>>54620931
Nice art. Green needs a little work tho.

>>54621606
Cope harder schizo, Australia doesn't exist

>>54622526
Um. That's what he meant dimwit

>>54620987
Chain link will give me 10 lakh USD and we will see who is Rajesh motherfucker

>>54623638
Kek and Ranjeet pilled

>>54623292
>I remember everyone making fun of a guy who sold at $12 claiming he was making the worst mistake of his life.
well he's probably not buying back in until $1.50 or whatever, so yeah, he made a big mistake

>>54621272
That might be during the next bull cycle anon. Are you staking LINK too? I do that alongside other alts like Near and Sylo on Huobi which earns me a fair yield.

>>54621272

So never then?

It is pumping because of radix partnership