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/biz/ - Business & Finance


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12923758 No.12923758 [Reply] [Original]

http://boards.4channel.org/biz/thread/12912320/
Believe me yet?

Nah, I'm sure pic related will swoop in any minute, right? That guy sure sounded like he knew what he was talking about

>> No.12923796

Let's say everything you said last time was accurate. Does Vitalik know it too? Is that why there appears to be some animosity between him and the Chainlink project?

>> No.12923817
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12923817

Are you the guy who says mainnet is already done months ago and the pivotal is just a big charade? Then you are retarded sir.

>> No.12923842

>>12923758
im still in disbelief
the only possible way to undo what i witnessed
is for sirdelay to call jesus down from from heaven and turn a coffee into a bigmac
even then i will know its a scam cuz vishu its here
HE IS HERE!!!!!

>> No.12923846

>>12923796
Vitaliks vision: an advanced decentralized ETH with most transaction volume happening on a sharded chain...just wait 5 years i promise itll be ready and cryptoidealism compatible

Sergeys vision: I have real people who want to do real shit. If you don't want to scale I'll just run shit through a second layer partner. ETH will be an anchor chain we interact with in the instance of dispute, which will become exponentially rarer as our networks mature and smart contract language becomes standardized. Good luck with all that scaling shit moneyskelly, just make sure eth1.0 still works cos we still kinda need that a little to transfer link tokens. Oh yeah, and I'm gonna make a bunch of legacy bankers rich as fuck using your commie idealistic shit. Shove your cryptoidealism up your anorexic asshole.

Get it?

>> No.12923862

>>12923817
I said that the code required for the project could be done audited and public in 6 months by a team of this caliber.
The fact that it's not out now is not because they can't do it. Its because they have motivation to not have it done.

>> No.12923867

>>12923846
and yet ethereum has the attention of the financial world, and chainlink for all of its desperate attempts at attention has no interest whatsoever.

>> No.12923869

>>12923846
>Get it?
Yes...

>> No.12923890
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12923890

>>12923862
fair enough.
Do you know anything about pic related?

>> No.12923896

>>12923867
Please tell me how much ETH is held by banks?
What are their wallet addresses?

then tell me how much LINK is held by the banking collective which sets standards for inter bank messaging

>> No.12923949
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12923949

>>12923896
What does PSD2 have to do with blockchain?. How can the legacy banking system force fintechs to access their api through chainlink when they are mandated by law to just display it on the internet.
Also what do you think about pic related?
Can't you just convert one api format to another?
Sorry if I'm a brainlet but I really can´t connect the dots here.

>> No.12923954

>>12923890
Nope, like I said before, I am not an insider
Literally nothing I have said is based off of anything but basic logic and experience with high functioning people
What should I know about this IBM guy

>> No.12923983

>>12923896
cringe. the financial industry is looking at and currently running ethereum code. link is not even on their radar, and it never has been. there has been literally nothing from the finance world talking about experimenting with, using, or even looking at chainlink. to think otherwise is just bagholder delusions.

>> No.12923988

>>12923846
does anyone know how the 32mmico funding has been allocated to date? ITDOESNTMATTER WHERE THAT FUKING MEASLE ROODY POO ASS, CANDY LIL WHO ASS RUSSIAN FUNDING ASS MONEY WENT

those niggas are fucking loaded since vishnu bless them with 4 purr on gaynance
at worst they will face a large fine, i dont see it being over 500k but who knows, all the weaponized autism here could probably find a away to fuck him more
but regardless, you lose in the end
class repeat after me
thank you cz

>> No.12924022

>>12923758
What makes you think there will be an announcement as big as the Town Crier acquisition this week?

>> No.12924024

>>12923867
in theory, chain link is genius
in reality, its been almost 2 years and in a perfect position only to show nothing
someone give me bogdown on his professional past, more importantly, how long was he conceiving this idea before ico

>> No.12924055

if servemegay bombs tomorrow
you will see a sick eth run, i didnt even know they had beef, they are both faggots

>> No.12924061

>>12924024
Yeah. A paradigm shifting new protocol should take AT MOST 3 or 4 months to create.

>> No.12924069

>>12924024
his last name is nazareth..

>> No.12924309
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12924309

>>12923949

>> No.12924315

>>12923949
Swift has a mandate to offer API access (payment initiation and balance verification) to anyone who wants it. Does Swift want to make that easy or hard?
>>12923983
Cool, its helpful sometimes to type out your feelings. Feelings are important.
>>12924022
To me that makes sense. Two presentations by the team at a big conference and one being pseudo-intentionally co branded. Saying that it's in the polkadot stack basically puts to rest any question of long term viability, especially with respect to having the option to jump chains (which the team has no intention of but has also said they have a contingency plan, like any well run project would)

>> No.12924387

March 14th is an important date. Nothing will get announced and I'm not expecting price to do anything at all but March 14th is the beginning.

>> No.12924390

>>12924387
Evidence or hints?

>> No.12924488

>>12924387
>>12924390
Stop falling for bait, start thinking for yourself

>> No.12924564

No bait. March 14th is a milestone date that has been set for over 12 months.

The day will come and go without most of you knowing what has changed.

>> No.12924586

>>12924488
On thinking for one's self, how do you do it?

>> No.12924635

>>12924564
That's the date the ups store said I should check to see if they have any available boxes for rent for my dildo business. Maybe this is a sign?

>> No.12924642

>>12924390
Here you go
https://softjourn.com/blog/article/are-you-ready-for-psd2-s-new-tech-standards

>> No.12924677

>>12924564
PSD2 stealth minimum-6month API internal testing start, did i make that less fun for you

>> No.12924678

>>12923758
This aged well

>> No.12924720

>>12924677
keep in mind the testing does not start until auditing is confirmed

>> No.12924742
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12924742

>>12924678
Let's bump it!

>> No.12924744

March 14th is the start of opening baking in the EU. Financial institutions have to roll out their sandbox for 6 months of testing before open api's become required by law on Sept 14th.

I read somewhere that over 80% of the 9000 European FI's are ready to go live on that date to beginning testing.

March 14th through September 14th will be mission critical for Sirgay's lovechild's long term viability and success.

>> No.12924793
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12924793

>>12924315
>Swift has a mandate to offer API access (payment initiation and balance verification) to anyone who wants it. Does Swift want to make that easy or hard?
I get it. They want to make it hard. Now the question is: Can they? Are they allowed to just go: Yeah uhm they only way to get our data is through chainlink and the blockchain.
If they are allowed such gymnastics then why not just encrypt the apis and sell temporary access keys or something like that?

>> No.12924849

>>12924642
>>12924564
>>12924677
What are the punishments for failing to meet soft non-public deadlines?
Has anyone here run a professional organization? How do you make things happen while guaranteeing the outward appearance of the organization and its members remains untarnished?

>> No.12924854

>>12924744
Checked. We’re ready to roll.

>> No.12924895

>>12924793
You're thinking from a tech perspective
Think from a business/pr/political perspective

This:
"We will offer open banking behind a secure API that only we can open via a cryptographic key to comply with the open banking directive" (and fuck all the competition)

or this:
"We are proud to announce open access to all member banks customer APIs through the global contracts standard network chainlink which has worldwide support from the foremost thought leaders in law, business and technology." (and oh yeah, anyone looking to challenge us, you're already forever fucked beyond survival)

Honest question: is there anyone else here who is actually successful? Is /biz/ literally nothing but failures lying to each other to feel better about their lives?

>> No.12924903

>>12924849
-certain death
-no, I have standards
-by building the game and making the rules

>> No.12924992

>>12924895
Nah man, I’m with you. Foresight and big business... been in CBD 4 years and laughing at everyone thinking they’re gonna jump in now. I’m working with some very large 250+ retail business corporations... CBD is about to blow this year too. When we go public we’ll be considered a unicorn. I’ve been on 4chan over a decade and I think your other thread was one of the top link threads at the very least this year. Have you been in here yet tho??
>>12923987

>> No.12925022

>>12923758

" Its because they have motivation to not have it done."

What do you think the motivation could be? Why are they intentionally delaying this?

Also, does the timing have anything to do with ETH Fork? Or timing of something else?

Thanks for the breadcrumbs.

>> No.12925029
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12925029

>>12924895
>>12924992
This was the relevant post. it vibes w u

>> No.12925148
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12925148

>>12923954
Why

>> No.12925159

>>12925029
if vibing with empty promises is your thing.. do your thing
ill eat 1000 brazilian dicks if you ever land ANY test trail with ANY american bank
the team is incapable and lacks necessary contacts to fuck with american banks
these delusions are reaching all time highs
cant wait for tomorrows words

>> No.12925160
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12925160

>>12923954
>>12925148
You

>> No.12925179
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12925179

>>12923954
>>12925148
>>12925160
Should

>> No.12925196
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12925196

>>12923954
>>12925148
>>12925160
>>12925179
>>12925159
Fuck off

>> No.12925205

>>12923954
>>12925148
>>12925159
Just curious, what’s the first major use case Sergey keeps talking about? What are IBM guys specialties? Hmmm
>quack quack

>> No.12925206
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12925206

>>12925196
oh

>> No.12925213

>>12925205
derivatives......and then insurance

>> No.12925225

>>12925022
I went over this in the last thread
Chainlink is paid for by legacy banking, so they serve the needs of legacy banking first, regardless of end result.
Swift banks have to comply with psd2. psd2 could kill swift banks. Link is the answer to that problem.
>>12925148
I dont follow
>>12925159
This post is meaningless
If you're saying something incredibly bullish without logic, provide proof
If you're saying something logical with a reasonable argument, just say it
>>12925160
ok, thats an interesting start
If you were actually someone pushing around a few million for a family office or fund, how would you go about finding out if your circles on a website are real?
I went over it in the other thread, basically getting information by digging on the internet is the start, not the finish. Soft skills and a little bit of bluff is where at least this biz nigger aids cum guzzling fag larper has found most of his successes

>> No.12925231

>>12925205
Any idea which bank Chainlink is talking with (top 10 bank)?

>> No.12925318

>>12925225
Yeah I’m with you, if you missed the last post where I told >>12925159 to fuck off, it shows R3 (partners w calypso) is also prtnered with Accord who is working with SmartContract.com / using ChainLink for legally binding smart-contract standards and implementation.
I could call one of the parties larping as someone interested in automation and API access, asking what to look for or prepare for... I may just do that, but my decade+ of 4chan, watching BTC/ETH/ANS blow, witnessing the Trump /pol/ experience of ‘15/16, and my now ~17months of digging into Link has me pretty high in confidence.

>>12925231
Just hunches but I’d be looking at Barclays, Citi, JPMorgan Chase, PNC. All top 10... all with a low degree of separation to our favorite crypto project

>> No.12925330
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12925330

>>12923846
You have a good general idea, but ETH's use is not limited to dispute resolution.
It's trustless, distributed, and global. No one owns it.
If you were running a distributed, multi-cloud microservice-based set of services (ex: social media site, banking, finance, Netflix, etc.) That required user authentication, and needed new identity compliance...
Where would you, and all of your competitors save/store/validate user data and authorization?
Imagine if all the big tech companies could agree to use one set of standards for identity management (user, Alice agreed to login to her bank account with her Facebook creds for auth/validation).
Imagine how easy and invisible the backend auth would be for the end user.

Only issue is, do you really trust Facebook to abide by European identity standards?
No.

However, what if the identities of the users were on a distributed database that no single entity managed. What if you didn't have to worry about Microsoft or Facebook controlling the world's identity management infrastructure.

ETH has the potential to be the back bone of Web3.0

>t. J work at IBM and read internal docs all day waiting for the singularity
>(Hyperledger is losing customers to Corda in droves due to many variables)
>LINK is the last sure thing I've learned about after BTC and ETH.

>I am the moron that provided the doc showing LINK was being looked into by IBM on a public mailing list. I had to wait for public docs to share.

>> No.12925349
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12925349

>>12925231
Any of them.
PSD2.
Open APIs.

>> No.12925378
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12925378

>>12925225
PSD2 =! SWIFT
Swift isn't a 'Bank'
Swift's GPI is their development for Web3.0.
Sirgay pitched them the benefit of APIs being used for payments.

This opened their services to a new, modern market.

>> No.12925379

>>12925330


So if ETH becomes the worlds identity management infrastrucuter how does Chainlink fit in with that? Relaying information from and to Web2.0 to Web3.0?

>> No.12925385

>>12925318
>it shows R3 (partners w calypso)
now, define their partnership
do you know any details?
its not a partnership until there is confirmed value/profit generated, where is value being generated from chain link right now

>> No.12925413
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12925413

>>12925379
Yes, and no.
My point was that ETH is still a great buy.
With that being said, ETH is trustless.

If you want to get data, continuing with identity example, onto ETH, you'd want to keep that trustlessness as much as possible.

But....you don't want to trust random, garage dwelling, node operators with your customers keys.
Enter Town Crier.
Enter LINK.

These glorious bastards are so ahead of the fucking curve it blows my mind.

>> No.12925459

>>12925413
keep going. really enjoying your posts

>> No.12925472
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12925472

>>12925385
>>12925413
>>12925385
I see it like physics, as potential energy vs kinetic energy. Potential value is massive, it will become kinetic with use.
Calypso Technology Inc., a leading provider of capital markets and investment management software, and R3, the financial services industry’s largest distributed ledger consortium, are developing a DLT application for trade matching confirmations with a group of global financial institutions.
>Connecting to the Calypso Cloud application, R3’s Corda platform was used to carry out trade matching tests in real-time across four time zones. Participants included Westpac Banking Corporation in Sydney, ING in Amsterdam, BBVA in Madrid, Banco de Credito del Peru (BCP) in Lima, and a large investment management firm in US. These institutions each used a node on Corda to enter FX trades, seamlessly from within Calypso, with one another, validate them and confirm matching, leveraging Calypso’s industry-leading post-trade processing capabilities, in real-time.
The project participants will continue working with Calypso and R3 in the next phase of development, moving into a live pilot and subsequent production application.
>Tej Sidhu,Chief Technology Officer at Calypso Technology, comments: “This is a leap into a new era. Calypso provides a completely integrated experience with the Corda [R3’s] DLT platform where golden copies replace a series of electronic messages, and where technology replaces human intervention and manual reconciliation. Calypso recognizes DLT and Blockchain as new standards of operation efficiency and transparency. We are very pleased to reach this milestone.”
Todd McDonald, Co-Founder at R3, comments: “...This test is a perfect example of its ability to meet banking requirements in areas such as identity, privacy, security and scalability.”

>> No.12925543
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12925543

>>12925459
One of the OG creators of Hyperledger (considered the father of Hyperledger) left for ConsenSys.
He's a fan of ChainLink.
We are on the edge of some big shit happening with Web3.0.

We will be taking control of the internet back.
We will move the control of our identities and permissions away from the mega tech companies and give it back to the people.
There will be resistance.

The big push in favor of net neutrality was one of these battles.
They lost.

The push for socialism is another battle.
They want people to be dumb and complacent, so they can keep control of the internet and keep the money in their coffers.

Imagine a YouTube where the videos you upload are forever associated with your personal key/identity. All the ad revenue could be paid to you without trusting a central authority (Google).

Imagine an Instagram/Facebook where the photos you upload are yours. When you close your account or remove a photo, the permissions granted to that photo are revoked and as a result the sites hosting the images associated with that permission can't display the image anymore.

The possibilities are near endless.

>> No.12925560
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12925560

>>12925472
Your physics analogy sounds like you're trying to sound smart.
I'm sorry but I quit reading there.

Was your point that once it gains momentum it will be hard to stop?
That's a lot easier to say without a physics analogy.

>> No.12925592

I understand all of this. When does PSD2 take effect?

>> No.12925600
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12925600

>>12925592
Lmgtfy
14th September 2019

>> No.12925607

>>12925560
Ooh, zing! Careful now, your lack of knowledge and understanding is showing... here’s a spoon.

>Potential energy: stored, unreleased energy. A car at the top of the hill. It’s got great potential energy but if you walk into it, nothing will happen to you.
>Kinetic energy: energy in motion. Manifested energy now that the car is rolling down the hill. If it rolls into you, you get fucked.
::
>Potential value: value in theory (no profit generated yet, as according to >>12925385)
>Kinetic Value: value generated as product is commercially available (gains in profit from automation, eliminating manual reconciliation, human error)


Point being: the mere fact that ChainLink is not currently generating profits for organizations does not mean ChainLink is not valuable.

>> No.12925613

>>12925600
Checked and found it before looking at this thread for a reply. September 14th set your calendar boys this is the realest prediction date for Chainlink.

>> No.12925617
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12925617

>> No.12925636
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12925636

>>12925607
I'm not a fucking physicist.
I didn't read past your second sentence.

>> No.12925646
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12925646

>>12925617

>> No.12925654

>>12925472
looks like some good old fashion hopeless jargon
would be funny as shit if r3 and chainlink went bankrupt together

>> No.12925655

>>12925560
The bane of high intelligence is that people who aren’t as smart as you assume you’re “trying to sound smart,” when in reality, you’re just smart. You learn not to take it personally lest you sink into isolation and feelings of despair.
Good luck in life

>> No.12925672
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12925672

>>12925636
>>12925654
Neither am I, but I went to high school once. Fuck.

>> No.12925678
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12925678

>>12925655
And I'm out.
You're a faggot.
Enjoy the rest of your algebra based physics 101 class.
Keep searching for crumbs, fellas.

Hold LINK.
Well make it.
So will you, physicsfag. Don't worry.

>> No.12925682

>>12925617
And yet here you are

>> No.12925688
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12925688

>>12925654
That's what it is.
Using lots of words with no need to do so.

I don't know why I still post on this site.
(It's for the maymays)

>> No.12925697

>>12925678
>fellas
It's always an uppity pajeet who learned to speak English by watching reruns of Andy Griffith and I Love Lucy. Always.

>> No.12925705

>>12925655
If you are actually that smart, then for almost all topics you can explain it in such a way where it is thorough but simple while not sounding like a pompous cock sucking liberal "intellectual" faggot

>> No.12925706
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12925706

I unironically think he is back

>> No.12925726

>>12925705
Link = Valuable, despite not currently saving lots of businesses lots of money. >Not sorry for enjoying analogies
Happy?

>> No.12925744
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12925744

>>12925726
You're still typing.

No.

>> No.12925753

>>12925706
He never left. Just started using different names and writing styles. If you could be a god to a group of retards, why not be more than one god?

>> No.12925760
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12925760

>>12925744

>> No.12925764

>>12925726
It's nothing but speculative at this point but has a high speculative potential...

or in simple terms, it has no value by itself right now, it might have value in the future for a problem it solves and for this,some people speculate that solving this problem will give it value. The value it has right now is based on it's perceived potential

>> No.12925806
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12925806

>>12925764
Good job explaining literally any investment that you expect to increase in value.
Are all of you this fucking dumb while trying to sound smart?

>> No.12925823
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12925823

>>12925764
In other words...

>> No.12925827

>>12925806
your the type of person who would use a phrase like speculative potential...use it incorrectly at that then make fun of people for not knowing what you are talking about. In any discussion, you find a way to call the other person stupid or insult their intelligence, even if they are right and are actually agreeing with you. I see right through you, and everyone else does in real life, they just humor you so you'll leave and go about your business.

>> No.12925836

>>12925823
That picture is accurate. Maybe add a rocket to the middle and a 10% probability of ignition switch.

>> No.12925901

>>12925697
yoo have a keen sense of poo
+2

>> No.12925904

>>12925600
Would you say September 14k is a "soft launch" or is there a soft launch prior like very near and September 14th is full implementation Mainnet.

>> No.12926004

>>12925225
Listen here “smart guy”, you keep shilling CL to these buckless neets here promising them big money as long as they hang onto a 5k LINK stack. XRP is already at full speed in Japan, what the fuck has CL done besides give a high school level presentation in a basement with 5 people in the audience? Keep your facts straight, XRP is the banker’s coin and it’s already miles ahead of where CL wishes it could be. If you believe in the whole “they’re keeping it on the down low for a surprise attack singularity day” thing dude put down the crack pipe. This guy definitely has no idea what he’s talking about all he does is pepper irrelevant comparisons like physics and other inapplicable bullshit to what a shitcoin chainlink actually is

>> No.12926007

>>12925543
thoroughly enjoyable post and a total mirror of my thoughts on the future application of these technologies. your description of web3 is on point and easily digestible, almost exactly how i attempt to present my vision of the future to normans and the technologically illiterate. the shadow readers on this board continue to be blessed by those who have seen the light. the internet was pioneered by idealists, they perverted the dream, and we will indeed take it back.

>>12925607
weak analogy brah

>> No.12926079

>>12926007
I watched a web 3 foundation video.

Don’t get it

>> No.12926086

>>12926079
That's hot.

>> No.12926105

>>12926086
Well if that makes you hot

I watched two of Gavin Wood PolkaDot Talks and have no idea wtf he was talking about.

>> No.12926172

>>12925330
Thank you IBMfag. I remember your very comfy threads from back in April.

>> No.12926436

>>12924742

>/mu/

>> No.12926601

>>12925330
I remember you and I salute you.

>> No.12926614

>>12925543
Why is net neutrality a bad thing?

>> No.12926625

Here you go fren.


5c7cfc0000322

>> No.12926717

>>12926614
Net neutrality is bad because it gives regulatory organs more power over the internet.
On another note, what's with the link shilling lately. It's always been prominent but it's starting to sound desperate. Are the ones running that scam ready to dump it and go long on BTC / ETH ? Do they know something we don't?

>> No.12926735

>>12925678
>Enjoy the rest of your algebra based physics 101 class.
Kek

>> No.12927139

bump

>> No.12927485 [DELETED] 
File: 74 KB, 640x480, SHAMEFURDISPRAY.jpg [View same] [iqdb] [saucenao] [google]
12927485

>>12925827
Your quite far off.
Your the asshole here, man.

I try to remain humble, so that people like me.
Your just a pseudo intellectual.

>> No.12927493

>>12926717
I'm always long ETH.

>> No.12927524
File: 20 KB, 301x299, 1524356248277.jpg [View same] [iqdb] [saucenao] [google]
12927524

>>12926079
youtu(dot)be/l44z35vabvA
This is the best explanation I've come across.

>> No.12927528
File: 493 KB, 589x2244, 1534298772597.jpg [View same] [iqdb] [saucenao] [google]
12927528

>>12925823
No, link is on the launchpad in pic related.

>> No.12927763

>>12925607
>Spends two posts and five sentences making an analogy
>Sums it up in one sentence without the analogy
pride hurts, it never helps.