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File: 49 KB, 646x188, singularity.png [View same] [iqdb] [saucenao] [google]

Binance is getting ready for the price singularity Anonymous Thu Feb 8 12:29:10 2018 No.7462073 [Reply] [Original]

>>	Anonymous Thu Feb 8 12:34:05 2018 No.7462211 The Bitcoin Super Conference IS right around the corner...

>>	Anonymous Thu Feb 8 12:44:03 2018 No.7462464 >>7462211 >green id and double dubs He is with us

>>	Anonymous Thu Feb 8 12:44:08 2018 No.7462469 you didnt think kek's power was limited to 4chan did you?

>>	Anonymous Thu Feb 8 12:45:46 2018 No.7462512 Is binance back up yet? I want to buy more.

>>	Anonymous Thu Feb 8 12:46:00 2018 No.7462518 File: 398 KB, 710x594, LINKLOL.png [View same] [iqdb] [saucenao] [google] >>7462211 Thanks for the comforting post Anon. Chekd Kekd Praised

>>	Anonymous Thu Feb 8 12:46:45 2018 No.7462540 File: 503 KB, 1082x695, 1515282214541.png [View same] [iqdb] [saucenao] [google] >>7462211 Yes

>>	Anonymous Thu Feb 8 12:46:56 2018 No.7462545 File: 148 KB, 1280x720, photo_2017-12-09_18-41-44.jpg [View same] [iqdb] [saucenao] [google] Is this really happening?

>>	Anonymous Thu Feb 8 12:51:41 2018 No.7462682 >>7462073 my uncle works for binance and he told me they had to migrate to a larger data center to accommodate for the singularity. their old infrastructure only allowed 5000% gains per day which is not enough.

Anonymous Thu Feb 8 12:58:30 2018 No.7462891

>>7462211
WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>>	Anonymous Thu Feb 8 13:00:20 2018 No.7462946 >>7462891 Stop posting this so often, you're making LINK look like some mystic bullshit.

>>	Anonymous Thu Feb 8 13:00:23 2018 No.7462947 File: 53 KB, 1024x1024, depositphotos_7357780-stock-photo-chinese-calligraphy-om.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Thu Feb 8 13:00:53 2018 No.7462967

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>>	Anonymous Thu Feb 8 13:04:17 2018 No.7463057 >>7462946 Good. The less normans buy LINK the better.

>>	Anonymous Thu Feb 8 13:05:53 2018 No.7463113 >>7462073 u guys are worse than ripplecucks talking about being listed on coinbase jesus fucking christ

>>	Anonymous Thu Feb 8 13:08:57 2018 No.7463220 >>7462967 Occultist thread yesterday. HyperLedger e-mails leaked and binance crashed. Synchronicity. Singularity. What or who is the divine being making the grass green?

>>	Anonymous Thu Feb 8 13:10:27 2018 No.7463262 >>7462682 big

>>	Anonymous Thu Feb 8 13:10:56 2018 No.7463273 File: 770 KB, 940x724, 1502558538198.png [View same] [iqdb] [saucenao] [google] >>7462891

Anonymous Thu Feb 8 13:11:05 2018 No.7463277

>>7462073
I unironically market dumped my stack of LINK yesterday and put it all into Mobius. I'm sorry but the lack of updates, developments, communication and quite frankly the tasteless overshilling of LINK around these parts has ruined my enthusiasm for it. I don't really think Sergey has his heart in Chainlink anymore. Something changed along the way, I can feel his enthusiasm for it waning similarly to how he just up and left NXT like a thief in the night. He probably had a great time raising millions of dollars with the ICO and being a famous celebrity on biz, and I'm happy for him, I really am, but he lost his hunger for success along the way and now he's just hungry for Big Macs. The Bitcoin superconference will likely be a total shitshow. I've no doubt the price will dump within minutes of Sergey staggering off stage after another tedious regurgitated speech where he doesn't even mention Chainlink. He's probably just going there for the free buffet, alcohol and hookers. Look, I really enjoyed holding LINK, it was a pretty cool bag to carry for a while, but Mobius is definitely the new wave of oracle tech and has all the momentum now. I can't let it pass me by.

>>	Anonymous Thu Feb 8 13:11:19 2018 No.7463284 6:09 PM UTC. Won't be ready until 4AM UTC. FUCK! We deserve some free BNB

>>	Anonymous Thu Feb 8 13:12:25 2018 No.7463329 Guys sell link buy mobius superior coin

>>	Anonymous Thu Feb 8 13:12:37 2018 No.7463334 >>7463277 Thank you pajeet

Anonymous Thu Feb 8 13:13:35 2018 No.7463367

>>7462946
>WE ARE ALL IN THIS TOGETHER
>DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!
>THIS SHIT IS GOING TO REACH $1,000 EASILY!
>HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!
>VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>>	Anonymous Thu Feb 8 13:14:22 2018 No.7463383 File: 1.34 MB, 1920x800, 1517043880975.png [View same] [iqdb] [saucenao] [google] LINK

>>	Anonymous Thu Feb 8 13:19:35 2018 No.7463545 >>7462682 kekek

>>	Colonel Damu !!6rIK3ka6TND Thu Feb 8 13:23:53 2018 No.7463655 File: 892 KB, 1048x1034, 1514001093384.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu Feb 8 13:28:06 2018 No.7463782 File: 850 KB, 2795x1437, 1517088088024.jpg [View same] [iqdb] [saucenao] [google] I've seen trips, I've seen 1000$ this year

>>	Anonymous Thu Feb 8 13:41:04 2018 No.7464199 >>7462211 Keks will be done. May Sergey forever have an endless supply of Big Macs

>>	Anonymous Thu Feb 8 13:44:00 2018 No.7464312 Mobius>Link just a fact.

>>	Anonymous Thu Feb 8 13:47:05 2018 No.7464418 >>7464312 ahahahahahahah breathes in AHAHAHAHAHAHABA

>>	Anonymous Thu Feb 8 13:50:12 2018 No.7464508 What does "price singularity" mean?

>>	Colonel Damu !!6rIK3ka6TND Thu Feb 8 13:53:02 2018 No.7464602 File: 58 KB, 645x729, 1511667979334.png [View same] [iqdb] [saucenao] [google] >>7464508 hELP ENLGISH

>>	Anonymous Thu Feb 8 13:53:56 2018 No.7464631 >>7463655 Praise kek

>>	Anonymous Thu Feb 8 13:59:16 2018 No.7464796 File: 110 KB, 2540x3176, 1517851727688.png [View same] [iqdb] [saucenao] [google] praise sergey

Anonymous Thu Feb 8 14:00:22 2018 No.7464819
File: 1.20 MB, 848x7714, 1511902265849.jpg [View same] [iqdb] [saucenao] [google]

Companies have all sorts of contracts for all sorts of things (obviously) but the legal system never works like it's supposed to. Let’s say you agree a contract to sell a table, say, for $20 next week. You give the guy the table but next week he doesn’t pay. Are you really going to take the buyer to court even though he legally owes you the money?

This kind of thing happens on a huge scale between companies. If they do decide to go to court it's expensive and wastes time. Usually, the side who’s owed money settles out of court for much less than they’re owed.

This is where smart contracts come in. Smart contracts are basically code that executes a contract when conditions are met. An example might be “I'll buy $100 of bonds if the base interest rate hits 1%”.

Once agreed, a smart contract will execute as written, no matter what. No one can fuck each other over once the contract is agreed (unless they BOTH agree).

What’s more, the contract is stored on a blockchain and so can’t be interfered with without hacking 51% of the nodes (this is practically impossible).

But there is another attack vector for smart contracts. Returning to the $100 for bonds example above, I could hack the input to the contract to (falsely) tell the contract that the interest rate is now 1%. The smart contract sees this and executes when it's not supposed to. The security of the contract is only as strong as the weakest link, which in this case is the input (also called an oracle).

Chainlink (LINK) solves this problem by decentralizing the oracle – i.e. the information that goes into the contract. It means smart contracts can't be triggered by false inputs (i.e. the attack vector I described above) without hacking 51% of the nodes (again, impossible).

And the bond example is just one of millions of use cases.

>>	Anonymous Thu Feb 8 14:00:25 2018 No.7464822 >>7462073 what is price singularity

>>	Anonymous Thu Feb 8 14:01:21 2018 No.7464856 File: 179 KB, 1246x711, BF4184C2-3FC5-4A90-A0B2-B561339FC71F.jpg [View same] [iqdb] [saucenao] [google] >>7462073

Anonymous Thu Feb 8 14:03:04 2018 No.7464899

>>7464508

Once LINK takes off, there won’t be time to FOMO. The price will literally 5x overnight and within the course of an hour.

Once that happens and it jumps to the top 50 on CMC and people see 400% gains, idiots will call it a pump and dump. Except it won’t dump, it’ll keep climbing, people will research what it does and it will rocket to the top 10.

>>	Anonymous Thu Feb 8 14:03:41 2018 No.7464918 Last two digits is Sergey's waist size at the conference. Dubs is the number of reporters he eats. Trips is the number of minutes he spends in the bathroom. >Rolling

>>	Anonymous Thu Feb 8 14:04:19 2018 No.7464938 What's the absolute maximum Link could realistically reach? I mean, a realistic market cap / top 10 coin

>>	Anonymous Thu Feb 8 14:05:34 2018 No.7464965 >>7464938 1T

>>	Anonymous Thu Feb 8 14:06:11 2018 No.7464988 >>7464938 2$

>>	Anonymous Thu Feb 8 14:06:13 2018 No.7464989 blue id and trips and Sergey stops eating big macs and gets sober enough to make it to the conference red ID and he ODs on Mayo

>>	Anonymous Thu Feb 8 14:06:42 2018 No.7465001 >>7464938 It could reach anything that Ethereum could.

>>	Anonymous Thu Feb 8 14:09:49 2018 No.7465077 >>7462073 explain price singularity or you will be terminated

>>	Anonymous Thu Feb 8 14:11:10 2018 No.7465117 Join us and watch your money grow. We have all the tools you need.... https://discord dot gg/pbN4G73

>>	Anonymous Thu Feb 8 14:16:30 2018 No.7465261 File: 480 KB, 640x1136, 1BF9871C-D423-4944-8814-B885BF5CBC9E.png [View same] [iqdb] [saucenao] [google] >>7463113

>>	Anonymous Thu Feb 8 14:22:57 2018 No.7465451 $100 September 1st.

>>	Anonymous Thu Feb 8 14:24:49 2018 No.7465517 Just seeing how cheap stinky linky is, how it's constantly shilled on here, its meme power, and how much it's made fun of really, really makes me want to buy some. Is there any truth to the FUD that Sergey gave up on the project though?

>>	Anonymous Thu Feb 8 14:25:32 2018 No.7465535 >>7465117 I hope you die in a car crash you fucking faggot for posting these fucking links

>>	Anonymous Thu Feb 8 14:29:12 2018 No.7465623 File: 275 KB, 1252x1252, z0auawqq.jpg [View same] [iqdb] [saucenao] [google] >>7462967

>>	Anonymous Thu Feb 8 14:41:01 2018 No.7465970 >>7464899 >it has been foretold

>>	Anonymous Thu Feb 8 15:01:53 2018 No.7466550 >>7463277 I wish there was standup comedy like this. Semisubtle and good taste.

>>	Anonymous Thu Feb 8 15:10:15 2018 No.7466773 File: 186 KB, 1024x1009, 1517379746096.jpg [View same] [iqdb] [saucenao] [google] >>7463277 KEK has spoken

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