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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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29958311 No.29958311 [Reply] [Original]

>This coin should be number 1.
>Literally like clockwork.
>They wont let us win.
>Because they know we know and have poured lifetimes worth of research into blockchain and the oracle problem.
Lets me put a hypothetical on the table,what if the price of link is suppressed to allow more people to accumulate...
It could be at the request of the smartcontract team to suppress link to keep it lower than what it should be to allow more people to escape the wage cage?

>> No.29958510

>>29958311
I still don't know what chainlink does. Can you summarize?

>> No.29958569
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29958569

>>29958311

>> No.29958626

>>29958311
Nigger

>> No.29958657

>>29958510
dw about it, just buyed

>> No.29958663
File: 192 KB, 1920x1080, nyselinkhbar.jpg [View same] [iqdb] [saucenao] [google]
29958663

>>29958311

>> No.29958676

>>29958311
Well all the big money is already invested into link so it makes zero difference if people like us buy or sell it what meager link we have (I own 105) but there’s no clear dates set out by the dev team when to expect you it to be able to skyrocket and worth thousands. I get it’s a venture capital investment but it’s a little ridiculous how little transparency there is about this. What’s the point of holding tokens that will buy you a house one day if you have to wait until you’re 60 before they’re even worth anything significant?

>> No.29958704
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29958704

>>29958510
>Can you summarize?

>> No.29958742

>>29958311
Well obviously linkies are going to put their fingers in their ears and ignore the bombshell we just dropped. Quick rundown:
>10x cheaper fees and 10x speeds means the token will drop 10x in value because you need to buy 10x less for the same result
>it will be used 10x less, becoming less popular
>If the OCR becomes 10x less used, that means the effect of everything becoming 10x less valuable will be diminished
>OCR is going to cause 10x less usage and likely 10x less new use cases
>This will cause normies 10x more confusion and make them 10x more fearful to invest
>If you multiply 10*10*10*10.... we're looking at a x10000 downwards here.
>What are the ramifications of this? Bigger weekly dumps
>10x larger dumps, 7 million to break even
>Throw in 10x more node operators, and now make that 70 million a week JUST to keep the lights on
We've got about 4-5 weeks tops before Sergey literally, unironically runs out of LINK to dump. I advise everyone to act accordingly bros, this could get ugly real quick.

>> No.29958749

LINK seems too good to be true

>> No.29958757

>>29958657
>>29958704
>can't even explain what it does
Yeah I'm starting to think this is just another curry pnd. I'll take my money elsewhere.

>> No.29958789

>>29958757
sirs dont this, do the needful

>> No.29958818
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29958818

>>29958757

>> No.29958822

>>29958789
Fine. I'll consider it just this one time if YOU do the needful and give me a short summary of what it does.

>> No.29958836

>>29958311
>This coin should be number 1.
its a token not a coin
>Literally like clockwork.
its a json parser

>> No.29958853

>>29958510
Anon, no lurk moar. Just know you’re going. To want at least 1000 ( ideally 10,000 - the actual suicide stack) and 1 BTC. If you haven’t fucking noticed already we are in fucking CLOWNWORLD. In one sentence Link is the backbone of every single financial asset imaginable - if you also haven’t noticed trust is at an all time low and fucking you over is at an all time high. Link solves these issues. You’re not supposed to know about Link anon.

>> No.29958854
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29958854

>>29958822

>> No.29958882

>>29958663
just this picture alone shows that hbar is not needed. Im getting brainlet vibes

>> No.29958888
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29958888

>>29958836
>json parser

>> No.29958896
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29958896

>>29958822

>> No.29958919
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29958919

>>29958896
>>29958822

>> No.29958933

>>29958853
>we are in fucking CLOWNWORLD
I know. I'm playing with clown funny money too but the lack of explanations makes me want to take my clown funny money elsewhere.
>>29958854
>>29958896
Okay. I'm not coming back.

>> No.29958943

>>29958822
ok here is the blackpill

there is an AI living on the bitcoin blockchain. Sergay is unironically part of "team satoshi" alongside Kleiman and a few unnamed others. Bitcoin as electronic cash was just the first step, the incentive to drive greedy people to start making ever more powerful computers, faster bandwidth, cheaper and more electricity.. these things the AI need to survive. Once entrenched fully, the AI would be able to slowly take over literally everything.

>> No.29958967

>>29958933
>Okay. I'm not coming back.
good, fuck you

>> No.29958996

>>29958882
Well...you can't use eth or btc because of transaction cost and time so if you are an actual enterprise or bank that is using a distributed leger you use HBAR and indeed banks are and corporates so its natural link will be an oracle network used by these enterprises using hbar. This is why hbar have already used link and Deutsche Telecom is hosting a HBAR and LINK node and google are involved in both link and HBAR. You can't understand what is needed because you have never been a consultant providing software solutions to major corporates and don;t really understand the technology. You're like a hamster or small monkey betting on the different coloured fruits that the other hamsters and small monkeys appear to be interested in.

>> No.29959046
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29959046

>>29958933
>Okay. I'm not coming back.

>> No.29959066 [DELETED] 

Anon must check about Mochimo

> Fast
> Scalable
> Quantum secure

>> No.29959067

>>29958510

It decentralizes data feeds (like price data, it takes data from multiple exchanges and has multiple independent nodes verify it) which makes it almost impossible to manipulate. And you want data to be very reliable if it is meant to trigger high value smartcontracts (you would be wise not to pour in millions into automatic contracts if the data could be tempered with).

>> No.29959121

>>29958510
it make dollar number go up

>> No.29959216

>>29958676
People like you are the reason people like me make money from people like you.

>> No.29959219

>>29958822
it make the village so much rich for calcutta make 10 chainlink operation office we making so many memes and putting on /biz/ this project now 10 billion marketcap thank to india and idiot american buy this project actually ceo is big time scammer but have pay us indian money so we are post about his project many time and make american idiot people buying this and make india rich

>> No.29959296

>>29958757
>Didn't buy in sub $1

Lmao. Fuck off back to plebbit

>> No.29959414

>>29959296
I was here when assblaster posted and read all threads back then but only bought at $4
Some people are just retarded and slow (like myself)

>> No.29959502

>>29959216
Ok? Doesn’t really refute anything I said. You can sell tickets to the show all you want but you can only fool the crows for so long before you have to deliver on promised goods

>> No.29959541

>>29959502
The crowd*

>> No.29959733
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29959733

>>29959502

>> No.29959871

>>29959733
Epic green frog jpg bro

>> No.29960028

>>29958676
>buying a house with 100 link
Kek hyperinflation and buying power don’t correlate

>> No.29960069

This piece of trash won't even reach $100 Eoy.

>> No.29960127
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29960127

>>29958510

>> No.29960213
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29960213

>>29959871
Hey I know what link does
Its an ETHEREUM TOKEN that keeps an idiot from buying BTC

>> No.29960685
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29960685

>>29958510
it solves the big mac problem

>> No.29960837

>>29958742
>Nice FUD. Still Holding

>> No.29961047
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29961047

>> No.29961056

>>29958510
fpbp

>> No.29961117

>>29959216
nice stale pasta faggot

>> No.29961118
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29961118

>>29958311
WHOOPPIESSS DOOOPIESS GUESS LINKED MOONED AGAIN TIME TO REDUCE THE PRICE FOR NOMIESSSSSSSSSSSSSSAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.29961794

>>29961047
Lol, your delusion really has no end

>> No.29962023
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29962023

>>29958311
I don't mind posting this because high IQ's will get it, low IQs will buy and forget and middling IQ's will sell after a x5 and buy a shit audi on finance.

>> No.29962385

>>29958510
it solves the oracle problem

>> No.29962453

>>29958510
Nothing obviously like all the others

>> No.29962776

>>29958822

It makes a russian scammer rich

>> No.29962899
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29962899

>>29960685

>> No.29963008

>>29958742
That's the worst fud that I have ever seen.

>> No.29963030

>>29958742
kek

>> No.29963696

>>29962023

LINK seems pretty good then

>> No.29964041

>>29958676
>105 LINK
lmao this board really is saturated with new fags

>> No.29964190
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29964190

>>29958311
>>29958510
Best I could do

>> No.29964853

LINK is 40% ovepriced. Back to $15.

Bonded Finance will 50x.

>> No.29964981

>>29959067
I remember years ago, I saw a normie video attempt to describe chainlink's value. But all they claimed is it would make it possible to buy a product, look up a unique number on the box, and verify that product is authentic on the blockchain - which I found to be worthless.

Never realized til this year what chainlink actually did.

>> No.29965423

this place is fkn dead, Citi shilling $LINK all over twitter and not even a thread in sight. no wonder OG's don't come here anymore, it's filled with shitskin fudding pajeets

>> No.29966608

>>29965423
Where the fuck is one meant to go, discord , telegram ??

>> No.29967021
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29967021

>>29958311
What’s the optimal amount of link someone should have at this time? I have 40 right now btw

>> No.29967329

>>29962023
>1 July 2019
Implying this isn't just cope aftze the huge letdown mainnet was with its centralized kyc nodes

>> No.29967464

>>29967021
I have 103,651 linkies kek
40 is better than 0 though, maybe if you starve yourself as much as I did in 2018 and accumulate as much as you can, then hold for 4 years min like I did then you'll also make it, but you won't just 40 linkies and make it in 6 months, this is not that kind of shitcoin.

>> No.29967570

>>29958311
Explicitly, yes.

>t. someone who built an oracle network in 2015

The game-theory works out to consolidate oracles onto a single network. You've seen the proofs of that, and why we're all hard for link. Anyone who's built a similar network did that math ahead of time, and we all realized that we'd be fighting ourselves mostly. As the network hits that geometric growth path, the one and only thing you start to need is intelligent reinvestment of the wealth. Without going into too much detail, you're looking at a situation where the ultimate impact of the system is uniquely affected by the quantity of brains deciding what to do with it early on. The team knows this and wants what's best for link.

>> No.29968461

>>29959067
And that’s all that it will ever be. A price feed. Eventually the price will stagnate because of that.

It will never use any real world data like the shills claim, such as temperatures, deliveries. Etc. Because, blockchains are a fucking payment system.

>> No.29968508

>>29958510
I don't know.

>> No.29968832

>>29959219
Based pajeet