/biz/ - Business & Finance

GOOD LUCK SERGEY

one week away!

40 minutes to go

>>52776895
holy based

>>52697423
based post in a sea of shit

>>52646121
see >>52637537

>>51025207
plumbing

>>50875444
man.

I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE

>>25360255
well i thought the q1 staking estimate was complete bullshit at first desu, but i recalled that the first most practical application of LINK staking would be to faithful arbitrum computations, LINK staking must be bound to on chain service agreements, and while chainlink has done much to solve the problem of oracle response veracity (in the case of asset prices, weather events, CPI, and related data), it isn't perfectly solved, so having "correctly responded" be a parameter against which LINK is staked isn't quite ready yet; so, that means staking needs to be piloted on deterministic parameters, arbitrum has been working with chainlink for nearly a year publicly and will be going live on mainnet likely eoQ1, arbitrum produces deterministic EVM state if at least one honest validator is present, those validators have been confirmed to be chainlink nodes at least, the initial LINK staking model will be against honest computation of EVM state through arbitrum rollups, therefore some iteration of staking Q1 seems like much less of a baseless rumor and much more of a tangible breadcrumb

>>22665557
>>22665699

WHAT THE FUCK IS HAPPENING HERE?

100k EOD

Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

>>21067625
im not holding my breath on that sweatshirt but it'll feel like christmas if it shows up

>>16539327
me too

The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

>>15698000
Checked. Just bought 100k more Link

>>15499444
>>15499466
>>15499511
Checked

>>14040077
checked

>>14030399
T

>>13896222
>>13896241
There’s enough for all of us fren

>>13726687
i've only shilled it with full clarity, hopefully one of my shills convinced you