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/biz/ - Business & Finance

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22057644 No.22057644 [Reply] [Original]

Imagine selling your ticket to generational wealth for 16 bucks

>> No.22057701

>>22057644
Honestly that slide is bearish. Sergey shouldn't care about price

>> No.22057752

>>22057644
>Imagine selling your ticket to generational wealth for 16 bucks
imagine taking opportunity loss right now when it's alt season? what a faggot

>> No.22057771

>>22057644
Imagine believing Chainlink will exist when Flare does everything it does but better.

>> No.22057782

>>22057701
Sergey wasn't talking about price.

>> No.22057875

>>22057701
It's not about price. He's just saying how much room there is to move these products over to decentralized infrastructure. The bad thing that most linkies don't realize is that it means fuck all for the token price so long as link is just onchain price feeds. They need to get the staking and paying customers worked out before a real moon mission can take place, but I'm honestly starting to worry it will be 5+ years before there's any real action. This entire pump has been nothing but twitter shilling and braindead retards fomoing in. Bluchip DEFI coins are probably a better bet for the next couple of years. But then again it's crypto and tokenomics matter very little to the average retail pleb.

>> No.22057887

>>22057644
Token not needed
has this ever been refuted?
Also I will never trust a faggot named Sergey

>> No.22057916

>>22057887
Token is needed for staking.

>> No.22058186

>>22057887
>Token not needed

wrong.

>> No.22058303

Anybody that took typing class in high school can make that chart

>> No.22058470

>>22057644
but i only have 500 links? should i sell?

>> No.22058527

>>22057644
Reminder if that slide is even remotely accurate (which it will be) and Chainlink makes up even 5.5% of the total derivatives you're looking at almost 60k per link

>> No.22058575

>>22058527
We are set for life, holy shit.

>> No.22058771

>>22057887
Ari explained why the token was needed

>> No.22058778

>>22058575
>>22057916
But this anon said you've to sell

>> No.22059095
File: 59 KB, 800x701, 1518501268710.jpg [View same] [iqdb] [saucenao] [google]
22059095

Does ANYONE have a link to Sergey talking at smartcon? I watched it live, but lost the link and want to save it for posterity.

>> No.22059136

>>22059095
This isn't the help desk, little lady.

>> No.22059140

>>22058527
Yea, but it’s going to take time unfortunately. I’d like to be rich now please.

>> No.22059151

>>22057782
here comes the semantics shills. that slide is textbook shilling
>the remaining market for smart contracts is TRILLIONS
fucking go kill yourself shill

>> No.22059206

>>22059151
Stay poor bitch. We're getting 60k per link.

>> No.22059230

>>22058527
implying kikes are gonna give you any money lmao you absolute morons. they'll simply buy chainlink off sergey and use it without the token. the absolute state of all you retards

>> No.22059239

>>22057887
imagine asking this in the year 2020. go back to where you came from broke normie faggot nigger

>> No.22059262
File: 42 KB, 693x496, 1530104564356.png [View same] [iqdb] [saucenao] [google]
22059262

>>22059136
But I want to watch it again.

>> No.22059328

>>22058771
of course he said the token is needed, him and the team are making 7 million dollars every week off of it.
reality is when they are done milking the shitcoin, they will sell the tech and the people that buy it will use it without any shit token (hyperledger already doesnt use the shitcoin and most of these high value contracts will be running on hyperledger) and you will baghold worthless shitcoins for the rest of your life

>> No.22059335

>>22059239
Oh no you didn’t answer the same question that gets asked everyday by the same guy? That means you don’t have an answer the absolute state of link morons.

>> No.22059376

>>22059230
>implying kikes are gonna give you any money lmao you absolute morons.
We are feeding their God and ambitions, so yes, they will. You are a fucking brainlet and I'd be surprised if you didn't kill yourself within the next few years.

>> No.22059941
File: 23 KB, 1876x224, Futures Price Manipulation.png [View same] [iqdb] [saucenao] [google]
22059941

>>22059151
>that slide is textbook shilling
showing that you have a market is not shilling

>> No.22060433
File: 37 KB, 960x640, 72esjqfzpseiomdwmigyky5c5rdbl66d_hq.jpg [View same] [iqdb] [saucenao] [google]
22060433

>> No.22060528

>>22059328
thanks just sold 100k

>> No.22060547

>>22057644
Boomer Smart money is STILL accumulating.
>>22059626

>> No.22061444

>>22059335
Imagine not going a single google search or /biz/ archive search to see if token is needed. You are a worthless faggot and not worthy of Link

>> No.22061509

imagine a whale dumps 5 million into chainlink tonight and we go to $25

>> No.22061527
File: 1.59 MB, 1800x2250, enrique MM.jpg [View same] [iqdb] [saucenao] [google]
22061527

>>22061509

>> No.22061615

>>22061527
crazy to think about how wealthy some people will become from Sergey’s price target he mentioned yesterday. ($2800)

>> No.22061635

derivatives is ALL debt
it's the self perpetuating bubble

>> No.22061647

>>22061527
ELABORATE A LITTLE MORE

IF YOU PLEASE

>> No.22061696
File: 2.30 MB, 2275x1649, enrique t salem.jpg [View same] [iqdb] [saucenao] [google]
22061696

>>22061647
this is a graphics comparing the Insider sellings of Enrique T. Salem, selling docusign shares and how each ones coordinates perfectly with pumping of the link chart. Draw your own conclusions
https://finance.yahoo.com/quote/DOCU/insider-transactions?p=DOCU

>> No.22061746

>>22061615
I've held link for 2 years and I call bullshit. No fucking way Sergey talked price target. Give a source or you're a faggot

>> No.22061759

>>22061615
Link?

>> No.22061790

>>22061746
trust me, he didn't.

>> No.22061824

>>22061790
It wouldn't make sense for him to

>> No.22061869

>>22061790
>t. dude, trust me

>> No.22061928

>>22061696
i wish i understood how LINK is relevant in on those quotes

>> No.22062033

>>22061759
>>22061746
watch smart con, actually the keynote speech where op’s slide came from. If you were doing anything besides fapping and gaming or whatever during smartcon yesterday you would have gotten the implied hint of a price target. It’s in the keynote speech. Just cause a price target is hinted at doesn’t mean it’s the top of the coin’s value, it means the team has built and succeeded in the project’s theoretical application and can move onto the quadrillion market cap. The key note was actually really bullish

>> No.22062180

>>22062033
i watched it at the time, and did not see any mention of this price target

>> No.22062264

>>22061759
Yes, Chainlink

>> No.22062299

>>22057644
TNN: Token Not Needed

>> No.22062390

>>22058527
It will never capture the price of the derivative, but the price of securing the derivative contract. To secure a 1 million contract you will not pay 1 million on top of it, more like 100 bucks. That's still lots of potential but not as crazy

>> No.22062422

>>22062390
>To secure a 1 million contract you will not pay 1 million on top of it, more like 100 bucks.
Are you a retard?

>> No.22062477

>>22062422
Or maybe 1000 bucks I don't know, certainly not 1 million that's for sure

>> No.22062496

>>22062477
You really are a retard

>> No.22062521

>>22062299
>conference talks about zero knowledge proofs where your contract doesn't have to know who was talked to or what the exact value is, so long as you and the oracle do
>smart contract is going to trust that the oracle and consumer of the contract are not colluding or self-interested and gently kiss them rather than ask the oracle for collateral
TNN. So profound. Much dubs. Me sell now.
You'd have to collateralize in the chain you are executing on and would need to trust a price feed for this to work.

A chain could pirate all of the patented technologies I guess. This would not help with interoperability at all though since your oracle network would be trapped in, instead of tapped by multiple chains. Just sad and weird.

>> No.22062582

>>22062477
You to have amount of link that is worth more than the contract to be used as collateral

>> No.22062586

>>22062477
You would need to collateralize the full amount. You might be able to do it fractionally like an insurance company, but the contract needs to know you're good for it if you fuck up. In the simplest scenario, you would need to guarantee it 1 for 1 and would chunk it into multiple transactions if you couldn't collateralize the full transaction all at once.

>> No.22062661

>>22062180
i’m too busy rn to dig for it but it’s something along the lines of him talking about a partnership, how the partner uses chainlink, and then the potential amount of money the partner could use chainlink for. My calculations are probably off but he said the partner was liking chainlink. It’s not an outright endorsement of a price target which you are correct to state, but it seemed like an “if partner fully adopts then token price could be such and such” moment.

>> No.22062697

>>22061444
Whoosh

>> No.22062704
File: 239 KB, 480x368, 1587867593092.png [View same] [iqdb] [saucenao] [google]
22062704

>Defi: -

>> No.22062847

>>22062586
>>22062582
I'm not talking about the collateral, I'm talking about the fee paid for the oracle.

>> No.22063129
File: 75 KB, 1408x825, abc.jpg [View same] [iqdb] [saucenao] [google]
22063129

>> No.22063269

>>22062847
Those people are legit retarded. Synthetix has derivatives on chain already. Thomas Hodges literally refuted this shit back in 2018 but people still repeat it ad nasuem.

>muh derivatives 'capture'

it's fucking onchain price feeds you dips

>> No.22063308

>>22059328
any other way to make money off of it? stock market?

>> No.22063378

Does Link have any revenue generating income right now??? Besides from selling 700K, 500k for expansion. If not... then the Token is definitely needed.... how else can Sergey get additional funding then?

>> No.22063387
File: 103 KB, 1280x1358, 1543508346660.png [View same] [iqdb] [saucenao] [google]
22063387

>>22062661
too busy to come up with more bullshit

>> No.22063497

>>22063378
How new are you. Jobs are paid in LINK.

>> No.22063613

>>22063269
DECO vastly expands the use cases.

>> No.22063658

>>22063269
What are you arguing? Against the 1:1 collateral requirement? Because Johnny from LinkPool was providing examples using 1:1 as the base case for serving collateral to a smart contract for staking during the panel discussion he was on

>> No.22063729

Lots of salty no linkers in this thread. You had 3 years faggots

>> No.22063752

>>22063497
Node operators are paid... but it use to be CL team subsidizing they payment for network growth. There's no revenue. It there was any notable income, there wouldn't be a need for the 500K/700K sell off for expansion.

>> No.22063799

>>22062847

You're right homie. Speds are thinking someone is going to pay 1MM in fees on a 1MM contract lmao.

I'm not fudding btw. Link is going to pass $1k one day, but lets not be completely retarded and lets try to understand the basics.

>> No.22064208

>>22057875
>The bad thing that most linkies don't realize is that it means fuck all for the token price so long as link is just onchain price feeds.

Did you not fucking pay attention to Ari's talks?

>> No.22064418

>>22063799
Yeah ofc they aren’t going to pay the 1MM in fees on a 1MM contract, but at the same time them having to own 1MM in link tokens to serve up inherently pushes those tokens out of the circulating supply (albeit temporarily) which causes a smaller available pool of tokens for businesses to purchase. This would obviously cycle (as in not a straight line up kek) as smart contracts begin and complete, however if we assume that the overall adoption rate of smart contracts should largely increase over time, the tokens should continue to overall move slowly out of circulating supply. If less tokens are available, then the price will have to increase to compensate for the shortage to match whatever demand is required for new smart contracts. Sorry for the sperg rant since I know this wasn’t what you were arguing against, but I felt like it’s somewhat related to this discussion since my point is future link value should not be solely derived from the expectation of fees

>> No.22064691

>>22063752
People are paying to use the Chainlink network for their price oracle feeds right now.

>> No.22064713

>>22064208
That they're putting together a whole fucking lab together to get it done. Which means it's not done. Which means we still probably have years.

>> No.22064758

>>22064713
I don't expect DECO to take years at all. More like a year at most.

>> No.22064809

>>22064691
whitepaper 1.0 says contract creators pay the node operator, and Sergey gets a cut of that payment. Are CL team is no longer subsidizing the nodes for network growth?

>> No.22064832

DO WE BUY THE LINK DIP OR NOT

>> No.22064927

>>22064809
Good question, couldn't answer how they pay. But Chainlink has customers. Synthetix, Celsius Network, and a number of projects all use Chainlink price feeds.

>> No.22064960
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22064960

Can anyone refute this?

>> No.22065001

>>22064832
Who the fuck knows desu, imo memeTA says we’re going to ~40-50 but the left over bear market in me says we’re going to ~7-8 because the world is a sad and cruel place right now and we don’t deserve to feel euphoria
>t. 2017 30k link holder

>> No.22065008
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22065008

>>22064960
no

>> No.22065063

>>22065001
Whew, welp I’ll go kms thx anon