/biz/ - Business & Finance

>>8753711
its just a delayed crash, sell some link now and buy back in a week for easy increase

>>8753733
evil post

>>8753711
Everything is getting updated for ropsten. Ropsten will be within a few days at most.

https://github.com/smartcontractkit/devnet/tree/bugs/fix-ropsten-command

thomas hodges is updating all internal testnet info/ports/readmes for ropsten. Not saying price will pump because of this but we will see Ropsten this week and most likely see....the validation and consensus code.

Things are going to start speeding up exponentially.

>>8753769
watch and see

>>8753774
Within a few days seriously? We’ll have the alpha? What will be the next step/timeframe from there?

>>8753733
Probably this. Remember this thing was like 70 cents a few months ago, it doesn't have much more to crash so maybe it just recovered. Whales playing whale games, PnDs, nobody really knows. I'd like to believe it will recover now, somehow I just know it won't.

we already know the meme OP

>>8753806
Few days will be ropsten. This will be similar to what the alpha is now but you won't have to run a local network. The biggest reason for getting on ropsten is to get the consensus/validation code up and running/testing.

Now remember before the simplified main net was live you did not see the code? This is exactly how the consensus/validation code will be. Once on Ropsten I can see a lot of new code getting added almost immediately.

If you follow along how Thomas and others answer questions they are answering with a lot more knowledge than what the whitepaper offers and are not just "taking notes" from Sergey and Steve. They have already been reading/interpreting and possibly improving this code and are very familiar.

i will post something else that has is very important in a few seconds.

>>8753812
Fools price it in $.

Watch the sats and eths shit's been sideways for over a month. The $ value just shows you what we already know, that BTC and ETH have lost value.

>>8753779
oh u dev o lish

>>8753878
continue

>>8753878
The amount of pressure the SmartContract / Chainlink team is under is extreme.

There are big players that expect results asap. You are thinking swift, right? Exluding Swift there are other banks, insurance companies, etc. I don't know the other companies off hand and if I did I wouldn't say.

3 very interesting projects that are implementing Chainlink.

Microsoft's Bletchly Cryplets
JPMorgan Quorum
IBM Hyperledger

Its down 5%?

Fuck u on about

>>8754075
> I dont know the other companies off hand
> The other companies are Microsoft, JPMorgan, and IBM

What gives value to the token? Can't someone just copy paste the code? There is no value in the token, it's only an incentive to a run a node. The code can be copied, a better company could take it and improve it. The token is not linked close enough to the code to be worth the purchase. Prove me wrong.

>>8754141
I've been thinking about this as well. how in the fuck are they going to monetize the token? It seems like everyone involved would want it to remain cheap, like REQ, except for the dev team and us?

>>8754112
I don't know the banks and insurance companies...there are some big players that Sergey and co are keeping close to their chest. The others have been provided via Sergey talks, IC3 talks, and whitepapers/research.

>link is up 5% and looking bullish

Rapid descent to planet .10

>>8754075
Aaaaaaaaaaaaaaaaaaaaaaaaand there it is
Old speculation presented as new info
The hallmark of the dreaded LINKIE LARPER

>>8754141
the value of the token is not relevant as all the companies will think in dollar terms. With that being said as adoption occurs more and more nodes are going to lock up Link tokens creating scarcity and driving the price higher. The great thing is the price for consumers will not go up as they just think in dollars. For example lets say they spend $1 to to query chainlink nodes. Today this would cost about 3 link. In the future it may cost .03 link but the price to them is still just a dollar.

>>8754167
>y haz 18 decimibles places, durr?
>y how we makee not dumb swap wit puterz?

>>8754087
Jesus fucking christ, newfags still don't understand sats.

>>8754167
>It seems like everyone involved would want it to remain cheap
The base price of link doesn't matter to a network customer. whether link is $1 or $100000 you just specify the amount you need.
What is a problem is there doesn't seem to be any mechanism to maintain price, other than basic crypto fomo. Which, as we see with etherium, is not reliable.

>>8754167
>>8754141
i thought about this recently. LINK is divisible by whatever amount right? and oraclize charges like a cent per call or something along those lines. this isn't normal staking, like you don't get a percentage of whatever amount you're staking over a period of time. it's fixed in USD amount most likely. so your returns in staking will only grow if the volume of requests increases. how does this affect the price of LINK? well, unless they collude, esp considering that there would be rampant speculation regardless of its actual use case, game theory suggests that there'd be incentive to hoard LINK. nevermind the fact that after hoarding, they, whatever large entities would be interested, can pump LINK's price so that they'd pay less LINK afterwards. if they have 1k LINK, and its current price is $1, they'd have 100k API requests or whatever you call it. if they pump it to $2, they'd then have 200k. that's like incredibly basic shit but i think i'm on the right track regarding token economics. i'd appreciate if someone cares enough to shit on my idea because this was just a superficial thought anyway

>>8754218
Is there any proof it works like that? I know what you describe is similar to REQ but I never saw any outline of how LINK the token works. Yes, I have skimmed the whitepaper. It seems to me Sergey is more interested in solving the oracle problem with code and the tokens use is just some incentive to run a node with no clear link(despite the name ironically) to the code. He talks nonstop about muh contracts and oracles but where is the token in it all? Skimming the whitepaper again, I fail to see where the token comes in.

>>8753711
it does this every April dumbass. nothing to see here. Why don't you go back to eating crayons and glue while we profit off your stupidity.

>>8754203
What is speculation?

Here is proof of Microsoft Bletchly Cryptlets and IC3.

https://youtu.be/ytv8U0bejPA?t=45m48s

>>8754141
The people who run nodes dictate which version of software to use and what to receive as payment.

>>8754325
NO

>>8754075
hmmm... tig if brue.
bust jought 100k

>>8754301
LINK is an erc677 token (not erc20), which has some technical role in how the network works, so it will be necessary.

>>8754301
There are 18 decimals w/ link similar to req. Companies will think in dollar terms and will not care if its 1.0 link per oracle request or .001 link or even .00001 link.

DESU as a node operator it would be very beneficial to have link be a very low price as main net goes live as it would be a great way to earn link that will exponentially grow in value with adoption.

>>8754245
Link token liquidity providers + dex + payment processor like req = on demand use of link

>>8754346
fun fact. Steve Ellis created ERC677 specifically for Chainlink

https://github.com/ethereum/EIPs/issues/677

>>8754337
Uh, yes. Suppose Link is forked and there is another token or payment scheme. Node operators have the choice to remain with the original (LINK as payment) or the new one. The network with the most reliable nodes and users will win.

>>8754353
Uh, what? No.
Also, I'm sorry anon but req is a funding token ie. a donation to the devs

>>8754379
big if true

>>8754346
Any specific info? This the problem. You literally don't even know what you're buying. I see nothing on how the token is used which should be the number one thing. Where in the whitepaper or anywhere is a section outlining the tokens role? We just have to assume the token is useful, which it probably will be, but to what extent is unknown.

>>8754415
its true. Also I know of another product/insurance company that will use chainlink if you guys really want to be spoonfed

A glistening turd in a sea of shit

>>8754470
Axa are not confirmed
>>8754448
sorry my dude I'm not going to do an investment presentation for you. /r/chainlink and youtube are your best bets.

Can you store link in nano s ledge? Just bought One

>>8754448
How do you think the on chain part of the contract is going to work?

>>8754531
not axa...and this one I have already confirmed with the company and once again has never been mentioned. My computer is going to die. I need you guys to promise to spread the news...

>>8754539
Sure. Make it good, linkies only accept the best larpers.

>>8754413
>there will never be a payment processing system that provides neqr instantaneous liquidity between all payment methods

>>8753945
Kek

>>8754539
he ded

>>8754552
KEK

>>8754531
>sorry my dude I'm not going to do an investment presentation for you
I don't need a fucking investment presentation I just need a fucking paragraph ANYWHERE the describes the tokens role. You idiots bought a fucking token for 30cents+ on code hype and memes, you don't even know how it works yet. Will it burn like REQ? Who even fucking knows.

>>8754552
ok...had to change computers

>>8754552
>>8754539
>>8754535
>>8754448
>>8754408
>>8754353
>>8754220
>>8754245
>>8754301
Still unclear on why this shitcoin should ever moon...

>>8754535
Anything that can store eth can

>>8753733
>ever parting with your precious linkies

>>8754680
This

>>8754075
are you that faggot that claimed in some thread that contributors, any contributors get invited to a private slack/gitter where this kind of info is available? and that there's ~30 of you and youre surprised this doesnt leak anywhere?

>>8754740
Most likely is

>>8754740
Yes I am in the private slack. Ok here is the company research away.

Jumpstart Recovery
jumpstartrecovery.com

External event driven insurance company with automatic triggers powered by Chainlink.

Want to paid a certain amount $ based on earthquake size..no problem. Missed a flight, an event canceled etc. This is an insurance company that is built from the ground up based on what Chainlink offers. Look into the founder etc this is the real deal and I figure this company will grow very large.

Oh by the way I already reached out and confirmed they will use Chainlink and check the official chainlink twitter to see who they follow, you may notice a certain company.

link 1k eoy

>>8754680
As far as I remember there was a paragraph in the whitepaper about the tokens being used to transmit data. Be honest anon, did you read it all?

>>8754774
post proof that the private slack exists
anything will do

>>8754774
That's actually a new one anon, well done.
Looks about as reputable as that Hatletes game thing, but nevertheless.

>>8754814
check the ceo linked and tell me its hashletes level.

https://www.linkedin.com/in/stillwellkate

>>8754774
well, the chainlink twitter IS following them. interesting.

>>8754791
I will not break a promise of confidentiality. Everything I have said is allowed. There is A LOT more I am not in a position to talk about. No I do not have an NDA or have some crazy amount of insider info...just more than a lot of these /biz larps.

>>8754774
I love these connections. Makes me smile and think I'll be set for life in 2 years or so. Thank you anon. Thank you /biz/. I still can't believe you guys will make me rich.

>>8754839
dump what you can say. At this point everything about chain link has been a larp. even assblaster

>>8754839
Ty bro. Whats your eoy prediction for link price?

>>8754787
>I vaguely remember there was something in the whitepaper that mentioned it....
Thanks for confirming you have no clue what it does.

Imagine living in Southern California and wanting to be paid $5,000 if an earthquake 5.0 or bigger has an epicenter with 30 miles from you. This company will make this a reality. Now imagine that payout being automatically triggered by a Chainlink node providing USGS info. This is just scratching the surface of what this company will offer.

I forgot to add. Sign up for the company updates, follow them on twitter etc but please for gods sake don't blow them up with memes etc. pppleease

>>8754877
Fuck off with this shit meme.

>>8754839
Hm, alright. I can respect that. We'll see in "a few days" if ropsten happens as you said. Thanks for bringing jumpstart to our attention here.

>>8754884
Anon if you didn't read the whitepaper then fuck off with your lazy ass

>>8754877
I predict that even biz does not realize the amount of adoption chainlink will have by the end of the year.

Do you guys understand why Sergey and co don't even bother answering stupid update questions. This is one of the few blockchain projects working with the biggest players in the fintech and insurance industries.

>>8754932
I hear ya. Tbh its hard to imagine since smartcontract adoption seems far out.

>>8754787
>>8754680

I haven't read it, and have never acted like I did, could you please just answer the question?

>>8754932
You're out of your mind if you think Sergey and his team are working with big players in fintech and insurance.

Something else I can say based on the info I provided.

Chainlink will bring new innovations to existing industries. The obvious ones are event driven insurance payments or bond payments etc. Once again, this is just scratching the surface, these are day one products. There will be successful companies that will be created based on what Chainlink offers. Chainlink's decentralized oracles will touch more industries than many can imagine.

>>8754927
I've skimmed the whitepaper, I've also read the blog post "Chainlink, an Overview and Our Focus". Contracts contracts oracles oracles blah blah vlah.
No mention of the token and no one here has provided an answer. Hey, maybe because it doesn't fucking exist. NOBODY KNOWS WHAT THE LINK TOKEN DOES, it could be overpriced at 20cents already. Enjoy bagholding nigger. Maybe I will buy in when, get this crazy idea, they reveal what it is. Hahahaha.

>>8754959
Companies wont be screaming to the world they will be using smart contracts. Someday they will just use it and when the time comes Link will be ready

>>8754961
Anon, do you know the type of insurance projects Lloyds of London offers?????? So many "event driven" payouts etc.... Just imagine

>>8754987
>>8755015
okay anonymous youre starting to sound like a shill

>>8754982
gtfo out of here. Sergey was invited to SIBOS twice and has already finished phase two of the bond payment poc. for SWIFT

JPMORGAN

>>8753711

Meanwhile I'm up 17% currently...

>>8754839
hey anon what other breadcrumbs can you offer. I'm down to do some digging tn

>>8755085
There is literally so much going on behind the scenes. Sharing a panel with gonser is a huge indication

>>8755003
>The LINK to-ken is an ERC20 token, with the additional ERC223 “transfer and call” functionality
of transfer(address,uint256,bytes), allowing tokens to be received and processed by
contracts within a single transaction.

So a little bit of functionality, and it gets used in staking and payments. Note the bit about erc20 has changed, it is now its own thjng - erc677

LINK is literally, and I mean 100% here, God-tier crypto.

>>8755135

>>8755085
find the whole pdf yourself gl anons

>>8755176
Is that the stupid Boston University paper?

my stinky linkies mmmmm mmmmmmmmm

>>8755085
Anon, pretty much this
>>8755107

I am going back and forth with what I can say but here is something that keeps getting overlooked. Chainlink will be a FEATURE within many other projects. For example, as I mentioned above, Microsoft Bletchly Cryptlets is none other than Chainlink. If you need proof check out the video of Sergey admitting they were working on creating Cryptlets and also Jonny Huxtable from Linkpoolio posting on reddit about them using the exact same schema and many other similarities aka its chainlink under a different name....but most importantly using chainlink nodes.

The other companies - JP Morgan Quorum, IBM Hyperledger and others

>>8755229
can you explain why chainlinks price is tied to bitcoin?

still haven't heard a good rebuttal to that

>>8755202
its actually not. different font, i have the law paper saved on my comp

>>8755202
no, it's from an accounting firm

>>8755229
Thank you for all this info, anon. I'll name my future kids after you.

>>8755229
Can i assume once mainnet launches, chainlink will be used immediately?

>>8755255

>https://www.aicpa.org/content/dam/aicpa/interestareas/frc/assuranceadvisoryservices/downloadabledocuments/blockchain-technology-and-its-potential-impact-on-the-audit-and-assurance-profession.pdf

>>8754680
I'm pretty sure we're being fucked with...

>>8755277
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/audit/us-audit-blockchain-technology-and-its-potential-impact-on-the-audit-and-assurance-profession.pdf

>>8755270
No reason to assume otherwise, the product is in the code right? It's not like a currency coin that needs adoption. If they release the mainnet without the token being used you are truly fucked.

>>8755176
This is definitely just talking about the hashed blocks chained together to form a blockchain. They just happened to say chain link lol

>>8754680
dude DYOR. are you that fucking lazy. you're literally the type of person to google chainlink and give up after not finding shit on the first page.

>>8755270
main net yes. But expect at least a month of Ropsten maybe longer depending on how many issues.

I am checking to see if I can provide some new info...let you know in few minutes

>>8755293
>If they release the mainnet without the token being used you are truly fucked.

Pretty much this
Read this part carefully you deluded linkies
There's a big chance token might not even be used because Sergey and co are catering towards the big guys in the banking industry. Why would he break his back working his ass off just to make a bunch of neets rich? He already knows about us because of your autism and nonstop shilling. You brought this upon yourselves stinkylinkies. Now it's time to pay the price

>>8755323
thanks if you are truthful
fuck me if you arent

>>8755308
Do you believe?

>>8755328
>token not being used meme
kys, newfag

>>8755314
>dude dyor
>dude of course its going to be required in some way, I have no idea how
k

>>8755328
unironically convinced

>>8755338
>Any reasonable FUD against link is a meme
Haha okay see you in a couple days kid when mainnet launches. You deluded linkies will get fucked. Screenshot this

>>8755364
the token being abandoned by the developers is not "reasonable FUD". literally kys

>>8755328
>>8755293
Lol you pair of useless buttmunchers I have ALREADY posted how the token is used in this thread.
But whatever

> tfw Binance charges $8000 to withdraw your linkies

>>8754706
Good. Stay poor

>>8755375
PSA
This a baitpost to lure more newfags into buying his bag

>>8755399
No, this is bait.
To PREVENT the buying of bags

>>8755328
SWIFT along with larger players in the banking industry is actually pushing for an open banking initiative and explicitly stated that they want to achieve this via “community driven decentralized networks”. They did that by launching an ICO. Except that the pool requirements prevented small fish from getting in from the ground floor. ChainLINK is basically a secret project that by its nature MUST be openly developed, so the entire goal is to keep it as under the radar as possible until the exact right moment. I dont get why people are so skeptical. Name one project aside from Ethereum and Bitcoin with major enterprise support..

>>8755424
Then post link to the post explaining it faggot
Talk big no action. That is a classic method of stringing along the newfags on false hope.

>>8755323
Thanks bro. All the people that ive talked to who are in the inner circle (private dev channel) and know whats going on behind the scenes are all extremely bullish. Its just hard to see it from the outside. I think link is pretty much a slam dunk in being a decentralized oracle network. This is a gonna be a big deal that we cant imagine

>>8755435
No quoting AB. We dont do that any more

>>8755435
You're just copy pasting what assblasted said when he was proven to be a larp
>Muh secret project
>Under the radar
Nice buzzwords to attract gullible newfags

https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xe93381fb4c4f14bda253907b18fad305d799241a

This guy is accumulating a huge amount of LINK while hiding it with a bunch of small sales. Probably one of the people trying to suppress the price.

>>8755435
and when I say major enterprise support, I dont mean some apple skateboard rumor or BMW chink blockchain company tweet.

>>8755454
we gotta wait till aprox. 2020 to make it, right desu?

>>8755435
AB is a larp. is there any evidence swift explicitly stated that they want to achieve this via “community driven decentralized networks”.

>>8755459
what do you get out of fudding? have you not had enough time to accumulate? its been what, almost half a year.

>>8755470


https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x236f9f97e0e62388479bf9e5ba4889e46b0273c3

Another big ass wallet clearly running a bot

>>8755470
Whats to suppress nigger? Bear market and its a token with a lack of relation to its vaporware product. I remember a few months ago you linkies said 50cents was some fud. How low can we go?

OK I cannot say any specific company but if you guys google what companies are looking into this solution you will be able to piece it together...maybe.

An industry that no one talks about but is big on Sergey and Co radar is construction. There are already companies on board with this and I wouldn't doubt this information comes out right around main net. I suspect Chainlink will be at the forefront of construction specifically it will be used by Building Information Modeling or BIM.

If you don't know what BIM is google it even better see if there are any companies using bim that are interested in blockchain. Here is a scenario - a large construction project along with multiple smart contracts are entered into BIM. Based on the progress of the project - companies will be paid, insurance adjusted, notices sent, etc.

Smart Contracts with Chainlink as the backbone will revolutionize construction management. This is going to happen and companies are on board...now do you realize why poor you is not getting updated by Sergey and Co? Your 10k linkies will probably retire you in a few years regardless if bitcoin is $50,000 or $50.

>>8754448

>>8755531
Im so hard rn

Anon, will I make it with 2k linkies? It's not much to you fags, but it's a lot to me.

>>8754737
My nigga with that old school kyle

>>8755531

Look at where this pussy went after I called him out
>>8755375
>>8755440

Notice how nobody in this thread was able to provide an explanation on how much link tokens will be used. When other anons kept pressing for specifics, the only response you get are DYOR or some shit like that when there are probably people that saved copypastas that explain it. This just proves that delusional neets bought into the non-sense from a group of LARPERS and didnt actually do any research.

>>8755493
Fuding is beneficial for everyone stop being a fucking dumbass

>>8755531
My goodness.. so are you a developer?

>>8755541
>durr ur dum

Oh you linkies. It's gonna be big guys, I swear those whales are accumulating, just keeping the price low right before some meme breakout. Tons of secret partnerships! Meanwhile in reality, no product, tiny team, no clear outline of what the token is for.

>>8755251
Anon, go and try to buy USD by selling LINK in a single trade. I think you'll find that LINK can only buy you BTC which you can then turn into USD. The link/btc price did not change as drastically as the usd equivalent during this whole bear market

>>8755583
it's similar to the REQ burning mechanism you larp, people will be paid out in link but people will think of the cost in USD.

>>8755591
and don't forget

kys

>>8755583
Huh? Are you a bot?
Did you actualky read the comment you pointed to?

>>8755611
huh? are you a faggot?

>>8755591
>>8755583


Yup you 2 aren't just FUDing you're trying to break through to help all of the LINK holders out right?? You don't have a nefarious reason for FUDing LINK so hard?

When I'm not interested in a crypto I just don't go in the threads I don't sit in them FUDing all night.

>>8755604
>it's similar to the REQ burning mechanism
Source?

>>8755613
Do you have brain damage? Do you know what an id is you stupid fuck?

I will see if I can post one of the companies working on BIM & Chainlink...give me a few min if not..i will at least point you guys in right direction to give you an idea.

>>8755605
and don't forget

token not connected to the oracle

>>8755613
Or did I just catch a samefag :D

>>8755632
fuck? stupid you is id an what know you do damage? brain have you do

>>8755628
He has no source, pushed him or someone earlier in the thread on this. This is the first time I ever heard of it being like REQ.

>>8755613
Faggot confirmed

The funny thing is someone just posted a link to this thread in the private chainlink slack channel. I have been careful with my words and don't think i crossed any line but may settle down for a sec.

The funnier part is no one has posted anything in the general channel...not even about jumpstart recovery

>>8755645
Really didnt think adoption was gonna come this soon.. since the meme chart says mainstream adoption in 2020. I cant imagine what that means for link

>>8755628
>>8755664
HAHAHAHAHAHAH
ABSOLUTE STATE OF DELUSION

>>8755003
> nobody knows what the link token does
Nah, only complete fucking retards who "skimmed" the whitepaper.
I'm talking about you by the way. Just in case you couldn't figure that out either.

For any anons reading along,
>>8755655
and
>>8755628
are the same person switching accounts.
Fuck knows why, some pageet thing probably.

>>8755674
Lol so theyre onto you

>>8755682
No, wait! Don't you see. He's an insider. He accidently just leaked us the burn mechanism because he thought it was public already. $10000 EOY baby!

>>8755674
lol the general slack has been tumbleweed town the past few weeks. biz literally is more informative.

10/10 Excellent larp. Haven't seen a good one of these in a while.

>>8755687
Look another DYOR fag
What? Don't have a simple pasta that you can paste on here? Cause you don't know? Lmao
>>8755688
>Being so emotionally asshurt that the only response is to claim samefagging

I am amazed that people would take this much time and go to such effort just to troll newfags.

>>8754167
The node operators have an incentive to pump the price so they can sell as little as possible for maintainence costs and keep their hoard of linkies big for reputation

>>8755744
You are absolutely samefagging.

>>8755768
Lol you are a moron
And you still haven't responded to me
See >>8755375
Pay attention newfags
This is how link shills operate

>>8754987

This is how I feel about it. It will be a platform used beneath the surface of many apps, without the end user even knowing it's there.

why the fuck are you fags bickering about unimportant shit? I'm here reading about BIM. Seems interesting. Jfc, this could be my way out of this third world country faggotry. It hurts so bad, I can't wait. Maybe all the suffering was worth it.

>>8755674
>Seen this before

>>8755531
I have been here from the ICO sand have done a shit ton of research. To reinforce that there is a good chance IMO this gentleman isn’t larping, that construction management oversight is very expensive. We’re talking manual labour and often times sloppy management. If systems like that could be automated, it is a revolution. SmartContract will be google and Sergey will be Sergey Brin

>>8755830
what country?

>>8755744
> look another dyor fag
No no, I don't actually want you to do any research. I'm not invested in your future so why would I be bothered to explain any of this to internet trash like you? Give me one good reason to do so.

https://arrow.dit.ie/cgi/viewcontent.cgi?article=1032&context=bescharcon

>>8755854
Panama :(
Just as expensive as NY with a third world country minimum wage.

Another thing to think about. This may make some of you mad. So many of the so called supply chain tokens...will not be needed. People love these because people can see the use but don't realize it is so easy to reproduce.

Once again, Chainlink will be a big player in logistics. How? If you look above I mentioned Chainlink will be a FEATURE of Hyperledger. Look at what BIG company has finished a POC with Hyperledger regarding logistics and triggered payments based on events using smart contracts.

Now, this shipping company is in no way partnered with Chainlink but will without a doubt be using Chainlink nodes to verify external events. I don't expect Chainlink to have many "partners" but the adoption of Chainlink will be phenomenal.

>>8755884
>: ( didn't know it was so shite there

>>8755839
Haha yes you have.

>>8755844
Dubs confirms. Get ready Linkes

>>8755894
What about my SHIP, anon?

>>8755872
Don't think I have read that article. Nice find.

BIM needs looking into to fully understand how big it is.

>>8755894
https://www.maersk.com/press/press-release-archive/maersk-and-ibm-to-form-joint-venture

>>8755872
What's the source, desu? I'm definitely feeling that last paragraph before the two bullet points.

>>8754234
Because Sats aren’t dollars. Duh.

>>8755926
Hey you may make money and hey they may partner with some shipping company but guess what...if they want to automate payments or need external data with consensus...im sure they will just use chainlink

Remember how Rory worded this comment. Pretty interesting

Guys this thing is gonna be big and part of this huge revolution but I'm not telling you why thing is actually needed for this big revolution. Let me just throw some vague shit your way about the revolution. Like I said I don't care about you also never mind that thing is extremely questionable in its relation to the revolution, you're just dumb and like I said I don't care about you. :^) DYOR

>>8755901
It was alright before but shit is getting too expensive. A friend of mine has relatives in London. They came to visit after Brexit to evaluate the option to come live here, on their first trip to the supermarket they just went like "nope" they spent like 30usd and got like 4 things. They legit said London was cheaper.

>>8755984
Oops forgot Pic of comment

>>8755894
so I should dump VEN?

>>8755996
Surely not man, London is completely fucked. Not fucked for groceries iirc but for pretty much everything else, especially rent.

>>8755988
this is noise now. stop.

>>8756005
So many red flags, but what do I know.

>>8755894
Maersk?

>>8755894
What would that mean for the price? I’m doubting there will be mass adoption, just curious how what you’re saying would specifically affect the token price.

>>8756030
DYOR :^)

>>8755908
<:^)

>>8756030
listen faggot. we are all playing with speculative toilet paper money that comes out of thin air. Nobody knows what the fuck is going to happen. Stop being a little faggot

>>8756021
such as?besides overhyped marketing

what do you hold besides LINK good sir

>>8755894
Whats your definition of partnership?

>>8756041
>>8756047
I meant to say I don’t* doubt there will be mass adoption. And I’d like to hear it from the guy that’s actually positively contributing in here unlike some FUDing faggits

>>8756011
Yeah, man. I meant groceries specifically.

>>8755583
The token is permission to use the network and to pay/penalize node operators. I am a brainlet yet I understand that it must have its own token for its specific use. Having its own market makes incentive for people to participate, and the more decentralized and spread out the better, so we can eliminate the need for trust. You need a a single coin so everyone can participate in the same network and market which are inextricably linked. Now fuck off then kys yourself.

>>8756005
Shoulda dumped VEN at
>*robotic voice* WELCOME ABOARD VECHAIN THOR

>>8754313

@ 28:55

"Here's my smart contract, here's my oracle setup, here's my product, time to pay me."

>>8756093
Fair enough, that fucking sucks dude. What country(ies) would you escape to?

>>8755894
https://www.joc.com/maritime-news/container-lines/ibm-maersk-blockchain-gains-steam-while-trying-allay-forwarder-fears_20180321.html

>In a Q&A style dialogue, Rometty and White revealed new information about the venture, which is focusing initially on documentation and visibility and was originally announced in January. That included the number of partners it has signed up and has in the queue (“25 companies onboarding, another 30 in the queue, and another 40 after that,” White said); and included possibly inviting in additional ownership into the venture, and how it is transitioning from the proof of concept stage to actual product. Finally, they revealed the possibility that the venture could expand beyond its initial concept on visibility and documentation into areas such as finance and insurance, areas specifically not covered within the initial scope of the venture.

“We’ve been working on this for 18 months. This is not a new concept, this is going into production,” Rometty said.


This has to be related.

>>8755003
Good nodes are rewarded with token. Poor nodes get penalised by losing tokens. Tokens are in place to "regulate" nodes. So that poor nodes get weeded out eventually.
What makes tokens valuable? Once industries start fomoing in and locking up tokens in nodes, Those late to the party will realise theres not much tokens freely available and thats when supply and demand kicks in, in the favor of linkies.

>>8754448
You've had enough time to accumulate

>>8756094
>vague shit
People want clarification dumbass. People want a clear outline of " THIS IS HOW THE TOKEN WORKS" not "well its going to be used on the network as an incentive for node operators and uhhh".

The world's largest technology and management consulting company, Accenture, are hyping smart contracts in their Technology Vision 2018 report - a report on the trends within strategic technology use from a management perspective.

>In the very near future, any company that wants to do business with these institutions will need a framework for doing so via blockchain—or the relationships they’re relying on for growth won’t be possible. For these reasons, 60 percent of executives we surveyed report that blockchain and smart contracts will be critical to their organizations over the next three years.

[https://www.accenture.com/t20180227T215953Z__w__/us-en/_acnmedia/Accenture/next-gen-7/tech-vision-2018/pdf/Accenture-TechVision-2018-Tech-Trends-Report.pdf#zoom=50 page 56]

Why are you not all in on ChainLink yet?

>>8756150

thanks just bought 1k

>>8756150
Because the smartcontract revolution doesn't need LINK token, stinkies.

The meme chart is pretty accurate. While company adoption will start this year, your dad or co-worker is going to be talking "smart contracts" and the "api economy" by end of 2019.

>>8756052
Haven't looked into them too much but it seems to be an erc20 supply chain token. Now the one thing they may have going for them is chinese govt connections and the backing of Jim Bryer but overall think there are better options. Not saying it won't blow up though.

I like utility projects that will grow the space - Link, Req, Eng and others.

>>8756062
When two companies have a working agreement. Many large co's will be customers of Chainlink node operators who act as independent contractors. Now these companies may come out and say hey were using smartcontract.com or Chainlink but some may not and Chainlink may just be the engine below the surface of a product like Jumpstart Recovery.

>>8756108
I'd like to go to one where I could unclench my butt when I go out. Somewhere I can feel safe, you know? I'm tired of always being on alert mode.

I picture a small, Mediterranean town or something like that. No dangerous cities. A peaceful life. A nice wife. A calm life.That's all I want, bro.

>>8756150
I am.

>>8756186
Thanks based anon. I believe you, please consider making a trip, if ropstein comes out next week you’ll be validated. Don’t want you to jeopardize yourself but really appreciate these crumbs, definitely food for thought.

>>8756189
Fair enough, best of luck hombre.

>>8756221
This
>not being all in

>>8753711
Serious question now...can we expect the price to go lower? I really wanna buy more, but I only got 100usd to invest. I'm hoping maybe it could go down to .15 cents?

>>8756243
Thanks, man.

>>8753711
i know that this will hurt your feelings, but chainlink is a flaming pile of shit that will never get mass adoption. just a lot of shills barking out delusion

check out these dubs tho, they're legit

>>8756264
Only scenario is if BTC goes to 4k or lower...might happen but who knows for sure?

>>8756272
If you can stomach the weather Scotland is pretty safe fwiw

Another question. How many online gambling companies are going to created using Chainlink as consensus? Do you realize how big smart contracts with decentralized oracles will be for gambling. So big gaming authrorites are getting ahead of the game with potential regulations.

For example - http://www.mga.org.mt/
click the link on homepage for a pdf of how they "plan" to regulate.

>>8756141
ok please kys now ty

>>8756284
I'll keep it in mind, desu. Thank you.

>>8756141
How much link are you holding you gay ass roody poo?

>>8756286
ok this guy is clearly links new marketing director cause he has sold me on so much link, just when i thought my bags were big enough. yeeesh

>>8756286
Basically, skys the limit for link

>>8756311
No worries senpai, stay safe.

>>8756286
Bro $50 eoy? Lol

>>8756327
roody poo
havent heard that for a while

>>8753711
Yes. Invest in promising crypto that went down. srsly

>>8756286
What use are decentralized oracles for gambling? Why ask dozens of random nodes for data when they could just go straight to the source? Neets in a basement plugged into the NFL api are going to be more trusted than the NFL api itself?

>>8756388
>doesn't understand why it should be trustless
the absolute state of biz

>>8756327
I have about 200 just in case memes become real and it suddenly moons when I'm not watching and becomes the leading oracle for smartcontracts. Also because it's connected to REQ, a project I like. Don't have much faith in it though. May buy some at 10cents. Would be great to know what the token actually fucking does.

>>8756409
You need 1k link for suicide insurance

>>8756403
Youre an idiot. Why pay a dozen fees instead of just paying one?

>>8756262

brah

Guys, 10/10 post.
Really, well done.

>>8754987

This is what I'm interested in.

I want ideas of what companies/ideas might blow up that would utilize chainlink.

I love how link is mooning while
>>8756409
is trying to fud out of his mind

>>8756409
fckn
nice ID you fckn cunt

>>8755531

This is the type of post that makes me wanna take out a loan, second mortgage, sell my kidneys, and pimp my girlfriend to buy more LINK.

>>8756443
I’m the original creator of the flag LINKs and many others

>>8756481
>mooning
Holychit inverse Bart confirmed
What's really going on?
Someone hold me

>>8756539
Oops forgot pic

I am out for the rest of the day. I'll create a trip just because I'll provide more info when the time is right. Also, decided to make it fun, the trip is a clue of where I come from and another place link is going.

>>8756523
:^)

I created the LINK sephirot

>>8756575
3i?

>>8756575
Thank you so much man, this thread has made a lot of LINKies that more confident in the success of the network. We’re all excited to start supporting it, even it its small amounts staked in a pool.

Lol sold half of my Req yesterday to buy link

>>8756575
Thanks. Looking forward to hearing more from you. Though I have no idea what your trip means, haha
And since we’re taking credit for memes, here’s mine inspired by post sibos fiasco.

https://b3i.tech/home.html

I keep believing more and more. In fact I don't think I was ever so sure about something in my life.

Blessed are the LINKers, for they shall inherit the lambo.

>>8756601
Req will have its day too anon. I plan on reinvesting some of my link gains back into it depending on how long it takes to get to moon launch.

>>8756684

Yeah I am shure about Req, but I was all in. Yesterday I just got the feeling, that chainlink is a must with Req.

I will retire with these goldbars

Mr. B3i

The Blockchain Insurance Industry Initiative (B3i) is a collaboration of insurers and reinsurers formed to explore the potential of using Distributed Ledger Technologies within the industry for the benefit of all stakeholders in the value chain.

>>8756388
And what will be the mechanism for bringing that api data into a smart contract? We are talking about smart contracts here. Obviously we can all turn on espn and see who won the game ya dingus

>>8754680
This question has not been answered because no one knows. The devs have likely taken private money for the development, and will abandon the link token entirely when they are closing on release.

>>8756409
this faggot spent 3 and a half hours spreading link fud on a taiwanese massage parlor review forum

https://www.lexology.com/library/detail.aspx?g=a94913aa-9135-4547-a5e4-5a114dc3d502

>>8754313
Thanks for the link.

>>8754978
She's hot

>>8753711

Thanks Ranjesh just bought more of your bags! Always a pleasure!

>>8756744
it hasn't been answered because it's a stupid fucking question
>pic related, from the whitepaper

>>8756805
He wasn't alone. Y'all are full of shit. no one ever answered any of our questions because no one has a clue how link tokens will ever be worth anything

>>8755388
Fucking Check'd!
$1000 EOY
Praise Sergey and Heil Hitler

>>8756903
kys idiot

>>8756903
you're not being serious are you?

LINK is the definition of a utility.

>>8754774
Or maybe you're a larper that found out that company through ChainLink's twitter, and there is no secret slack?

>>8756652
>>8756720
>>8756720
>>8756807
Neat.

The poster is probably form Switzerland or Bavaria.
>He said IBM Hyperledger will implement LINK
>IBM has a joint venture with Maersk to improve global marine trade through blockchain tech
>B3i also works together with IBM to implement a smart contract management system

Now let's look at B3i:
>B3i has members from several major firms
>Ken Marke is marketing and communications lead at B3i, also Head of Strategic Futures at Ageas
>Fei Zhang is Chief Operating Officer at B3i, also Head of Blockchain at Allianz Group
>Philipp Tölle, technical SME at Swiss Re
>Andre van der Heijden works on smart contracts (Solidity), also Data Scientist at Achmea

These firms are big players wew lads
Guaranteed moon mission if these projects take off

>>8754075
whats your price estimation long and short term if you had to give one?

>>8756575
You're dead if we don't get ropsten by next week

>>8757125
what does it matter? enough about these price predictions. can't you people stop being babies?

>>8756185
you're wrong. Link will be the easiest way to connect companies and businesses to blockchain and smart contracts. That what they meant by "framework".

>>8757231
That will surely scare him away from ever larping again.

>>8755531
yes there are softwares like Autodesk Navisworks that allow contractors to monitor the project in 5D ecosystem (space-time-cost), but I am not sure why link is necessary, as there's only a single data source in this case

>>8755999
Delectable digits anon!

>>8756551
Rip stinkies

Lol you guys are delusional.

>>8755628
reddit/whitepaper you fucking nigger. Just go to reddit find /u/vornth and read his post history

>>8757373
single points of data source are single points of data source. you can't escpae that. but how do you connect that api to smarcontracts? right now, oracles like oraclize are the only solution.

>>8757381
maybe we are. but chainlink/oracles/smartcontract.com are heavily mentioned in every relevant information about the future of smart contracts and their adoption.

>>8755830
You aren't welcome in any 1st world country.

>>8757381
jesus i fucking hate normies

>>8757311
it doesn't
its just nice and comforting and i like to dream about my linkies while im at work
how can you deny me that

>>8757454
it depends of the adopting.
if, half of what is mentioned in this thread, ends up being true in the next few months, link will the hottest thing on crypto for quite a while.

>>8757424
well you'll need some signature from project engineer. That signature will allow to make changes to 5D model. Then the model data can be exported to any format you prefer. This is an essential feature of Autodesk softwares and why the company is so successfull. Their formats are interoperable and flexible. Autodesk provides cloud services that allow you store your model online.

>>8757431
Smartcontracts are heaviliy mentioned not chainlink.

>>8757472
but smart contracts can't fetch that data right now. unless you manually input it there or have frameworks like oraclize.

>>8757431
>>8757441
Don't listen to that weak FUD, nocoiners have always been around and keep pulling the same shit for years. They're just jealous brainlets who don't even understand what a blockchain is.

>>8757454
$1000 EOY

>>8757454
Well here's a prediction: 70$ eoy. Happy?
Why would a random number said by a random anon mean anything to you? If you're invested in link, you should know it's not a matter of IF but a matter of WHEN.
When the time is right, you will have made it. Don't sell at 10$. Wait for 50$.

>>8757487
yeah that was my point, you can you something like oraclize. I do not see the need for LINk in this particular case. There will be a single authority assuring quality control in construction for foreseeable future. Insurance component of the contract is better to be handled by link though, hence it may make sense to use one solution for both centralised and decentralised cases. So long-term link may be preferable to oraclise as long as the Sergey delivers on his promise to remove the technical burden from smart contract owners.

>>8757478
not true at all. go read capgemini report about this issue from 2 fucking years ago. its all there. oracles, sergey quotes, sergey's startup smartcontract.com mentioned, yada yada.

>>8757521
Why are you replying?

>>8757512
the whitepaper foresee this issues. oraclize uses a notarization service which is hard to verify on chain.
he mentions this article (https://eprint.iacr.org/2017/578.pdf)) which explains why centralized oracles are problematic, as well as being another layer of possible trustless information.

>>8757549
cause i fucking hate fud that tries to pass as well informed lol

>>8757521
The only reason why sergey is relevant is because of his fucking domain. And you know it.

>>8757509
look dude i work a shitty job that i hate 6 days a week and sometimes i like to pretend
same goes with AB its just nice to hear even if you know that its larp
and yes it doesnt matter
why does this bother you so much?
i wanted the larper to give me an estimation based on his "knowledge"

>>8757630
It bothers me that you're sub-par. Even without saying it in your post I knew you were the person you described yourself as.
Hang in there, you'll be okay if you hold link. You can buy a lambo and takes trips and shit. Cheers.

Hey faggots, stop spoonfeeding the dumb niggers who didn't even bother to read what LINK does and what is the token used for but still come to FUD regardless.
You're just spamming up the thread with the most BASIC questions and answers that everyone who spent 2 days on this board would know about.
Ignore plebbit posters.

>>8757512
to clarify on this, it doesn't apply to all construction related data. For instance, validation of the fact that frame beams on the second floor have been erected to required standard can be laser scanned and no authority is required to sign off the data. However, it's hard for me to imagine how hard would it be to code a smart contract that has the capability to interpret that data deterministically, as there are plehotra of variables.

I know something you don't. A good coin, unlike your linkies.

>>8757956
honestly bro, my main issue is that bim is still barely used, at least where i live. can't see it gaining traction when companies lack examples of it saving costs.
i can tell you i know some big firms who were involved in bim projects and that shit was a nightmare for everyone.

>>8758100
yes, given how construction industry adapts to chyanges, it will take a while, however in UK it's now a regulation to deliver all publicly funded projects to Level 2 BIM standard, so corporate giants like Jacobs, WSP, ARUP will have to adapt to that in order to compete for government contracts.

>>8758198
i actually knew about that and I sorta believe uk rolled with such strictness in their procurement to protect uk companies in an initial phase. bim adoption in south europe is extremely low and right now those companies are fucked cause they can't participate in those procedures.

>>8758259
yes sad story with middle-sized companies as a lot of resources required to transition to BIM since there are a lot of software infrastructure that needs to be configured and these companies do not have enough surplus budget for that. It led to a situation where for every big government contract, there are only 5-7 competitors which are also slowly merging together (eg. ch2m and Jacobs) Middle sized companies switched to small jobs like bridge inspections for Network Rail, ground investigation for Lidl stores etc.

It's much healthier with architects though.

>>8756575
Thanks undercover marketing person :3

bompety