LINK 1k EOY

Never sold, but the implications of companies being able to use only their nodes with 0 Link stakes are nothing to ignore. We were led by the team to believe that the token would be key to the reputation system and securing contracts, but now they've revealed that it can totally be bypassed and companies can essentially plug in their own reputation and identity to their nodes.

>but the implications of companies being able to use only their nodes with 0 Link stakes are nothing to ignore
Then why did you ignore them for almost a year?

2/10 FUD
>companies can essentially plug in their own reputation and identity to their nodes.

0 link to run nodes, lots of link needed to bid for high value contracts where collateral is needed.
This means you average joes soap can use the link network but you can be sure he wont be getting selected to supply data to a contract

>high value contracts
with multiple parties involved..

who the fuck is gong to trust a node with 0 link ran by the same people supplying the data?

The "0 link required to run a node" wasn't a big deal at all because of the reputation/collateral system. But now, they've revealed that that system can be totally bypassed by the companies we were banking to use our nodes, the token has far less potential value now. I'm talking about a small fraction of what it could've been. $1000 eoy is dead.

This was misrepresented to us since the inception of Chainlink. It's something that should lead to a class-action. By misrepresenting the necessity of the token under potential widespread adoption of the network, smartcontracts.com inflated the value of the token. I think this was deliberate. don't believe Sergey, Rory, or Steve were behind this, but probably some of the other developers intentionally leaving out this piece of information that it crucial to the staking system. I believe this was done so these developers could sell the tokens they were paid in for a higher value. We were duped. And that is just a theory, but it is either that or they are wildly incompetent at informing potential node operators.

no one. the more link you have, the higher the collateral. the more trust there wil be. big business wil not trust some 100 link neet node.

So what's the dump price?

what the fuck are you on about? they didnt inflate shit you idiot. have you been following the project since ICO? no, so then you should shut your mouth.

Or companies that will be supplying data and running nodes can have 0 stakes and have a public ID for their nodes, that essentially uses the reputation of the company itself rather than what the originally believed node operating standards would be

Just a theory, but they have a duty to accurately represent their product. Since they failed to do so. They led people to believe the token was essentially a stake in the network, and they pulled the rug out from under the feet of anyone who invested based on that premise. They profited from this, and they should be sued

No one even gonna try to refute anymore? Cmon biz

>But now, they've revealed that that system can be totally bypassed by the companies we were banking to use our nodes
They didn't reveal that "now", this has been common knowledge for nearly a year.

You're just clueless.

delete this thread
NOW

Who is ass blaster?

Do you guys think that sergey fucks her?

No, it was just recently revealed. It was unclear (but generally mentioned by the team as being totally decentralized) how nodes would be selected and how exactly the reputation system would be determined, but now we know. It appears that the network will be largely centralized around companies and their nodes (with 0 link staked) with a very small decentralized chunk consisting of random node operators with Link staked and the original reputation system in place. The use case for the latter will be miniscule.

Attached: Sergey Symbiont connection.jpg (1080x1920, 912K)

She's not, but the name was based off her

>No, it was just recently revealed
No, it wasn't.

People have been trying to milk this ignorant "they'll use their own nodes" fud for many months.
In fact, for nearly a year the website proudly stated that Chainlink was proud to be helping SWIFT develop its own smart oracle.
And retards like yourself tried to make even bigger retards believe that this was somehow a bad thing.

Again, you are simply clueless.

Die

Google, but someone still needs to pay to access the data. Data ain’t fucking free

When LINK makes me rich I am going to have a forest green lambo and blast lil pump everywhere I go, I will be the ultimate dickhead nuisance to my newfound poorfag peers. I will pay them sums of money for my entertainment, and make them pay money for events I hold.

Attached: 1530986557695.png (319x322, 78K)

Attached: Big guy sergey.jpg (900x1200, 800K)

>have a public ID for their nodes, that essentially uses the reputation of the company itself
fucking KEK
You really dont get it do you.
You have no come back using "the reputation of some other company".. how do you know the contract wont be so big that its in their interest to fudge the data?

Also.. suppying the data and writing the data to the blockchain are two completely different but both necessary processes. Falsifying the data at the API level is really hard, a single node (oracle) writing the data is much easier to falsify.
Hense the need for a decentralised oracle network.

I don't even need $1k to make it. I just need $200 or so.

Buy why wouldn't someone just trust a google node to supply and write their data?

FYI Googles Cloud Plattform is collaborating with Digital Asset

>hub.digitalasset.com/press-release/digital-asset-and-google-cloud-collaborate-to-bring-blockchain-solutions-to-the-cloud

Attached: C8F92C4D-8EB1-4C33-9B94-CA134A101F87.jpg (130x131, 9K)

They will have to trust them until AI becomes more ubitquous. It’s just how it’s going to work. It’s like AI self driving cars why aren’t they everywhere on the road. They will be but it’s a process. You guys are expecting too much.

why refute? we’re trying to keep prices low for a reason

That's not true. I don't think anyone believed that you absolutely had to stake link in order to run a node. If you want to stake link in order to try to take on higher valuable smartcontracts, then that it within your prerogative to do so.

what's gonna be considered a lot of link in the future when mainnet is out though. Isn't that going to be determined by the price of link?

>that essentially uses the reputation of the company itself rather than what the originally believed node operating standards would be

Even though that might be the case, you're not going to want to use only one company's nodes. You are going to want to use nodes all over the world. You should be able to put a higher valuation on trustworthy nodes. So for instance you use 1000 nodes, but you want to give google's nodes a higher valuation than jo blo's node. You're still going to use jo blo's node because the whole point of chainlink is decentralization, but you realize that jo blo's node has a higher risk. And jo blo can increase the valuation of his node by staking link in it, but it isn't necessarily in his interest to stake link in his node because there is risk involved. If his node goes down then he is shit out of luck.

>"You're having a whole Link, user? Whoa, is it me, or did it just get really hot in here".
Woman in 2022.

for real though if link is worth 1 dollar and it's a million dollar contract they probably want something like 500,000 dollars worth of link in collateral or maybe even less, depending on whatever the contract needs and is requesting. so if someone is holding 20k link and link ends up being worth 1000 link, those nodes have a significant amount of capital to put up on these contracts as collateral

Attached: 1526234538871.jpg (3000x2000, 3.28M)

Attached: apigee.png (1647x798, 350K)

From Synchronize 2018

Attached: baldet.png (767x849, 816K)

>Singularity University 2017

Attached: googlelink.png (1191x762, 129K)

bump

oh, she also worked at JP MORGAN

Attached: helenaltshiller.png (991x873, 91K)

Attached: 1530926206652.jpg (250x249, 7K)

I am, a bunch of bullshit of no value, go neck yourself Fudder.

I really gotta update that one, probably gonna be too large for Jow Forums to handle tho

Attached: important call you cant miss.jpg (189x263, 36K)

1 thing Stinkers haven't taken into account is the competition

Oracleize may be shit, but there are other projects that will give Link a run for its money

Only link holders are so deluded to think their coin will be the next BTC or ETH

Of course, who really knows at this point. It has first mover advantage so we'll have to see what happens, maybe they're really working with big players and that could lead to massive gains

Even then, it will take a miracle for link to gain the hype it needs to moon, no marketing means no gains

Oracles will be important, but probably not to the point where Link shillers delude themselves into believing, take everything with a grain of salt.

You'll have to make a decision to join the linky cult and drink the koolaid or buy coins that will actually go somewhere, don't spend all your money on memes

Attached: IMG_0803.jpg (158x179, 25K)

There is a PnD group who mainly post here and use bots and their holdings to swing the price of link up to 40% but normally 10% to milk money out of small buyers. They spam the board with shill or fud depending on whether they are pumping or dumping or recycling back in. They use algo step buying, fake buywalls and milk retards on here who think they are part of a special club. The truth is in this post. It's pathetic and ugly but the truth and its been going on since the ico

Good work OP

1 thing Stinkers haven't taken into account is the competition

Oracleize may be shit, but there are other projects that will give Link a run for its money

Only link holders are so deluded to think their coin will be the next BTC or ETH

Of course, who really knows at this point. It has first mover advantage so we'll have to see what happens, maybe they're really working with big players and that could lead to massive gains

Even then, it will take a miracle for link to gain the hype it needs to moon, no marketing means no gains

Oracles will be important, but probably not to the point where Link shillers delude themselves into believing, take everything with a grain of salt.

You'll have to make a decision to join the linky cult and drink the koolaid or buy coins that will actually go somewhere, don't spend all your money on memes

FOR THE LAST TIME. THE TEAM HAS STATED FOR A LONG LONG TIME YOU DONT NEED TO OWN LINK TO RUN A NODE. THIS ISNT NEW. WE ALL KNEW THIS. THESE ANONS JUST WANT YOU TO SELL

0.5 / 10 FUD

Someone needs to update it.

Boom....

No marketing YET. they literally just announced the marketing director 3 days ago

Even more pathetic fud. Just stop you are making a fool of yourself.

I'm on it.

Attached: comfy frog.png (2000x2000, 1.49M)

Fud? I think you're missing something

Attached: IMG_0803.jpg (158x179, 25K)

Attached: 1527668977633.png (1082x695, 503K)

All you have to do is look at the people on that stage and think about others that have been somewhat connected to Link and you can clearly see what the most important project in crypto is for future adoption. If you are not either already holding a large stack or buying like a madman right NOW you are clueless, don't let the fud of some greedy azzed pos pump and dumper like the lowlife in this thread stop you from getting your lotto ticket. Just my opinion, dyor.

i'm so glad there are still a few of us here that aren't actively trying to fuck over other anons.

The network will get sybil attacked to the ground and the only way to stop this a centralized certification process. Unless you believe in some magical reputation system. Sure, I mean people also believed in Bitconnect's trading bot.

Chekt
$555 by December 1st confirmed

Blythe Masters is a big name outside of crypto. She became known as the key player in the manipulation of gold and silver prices after 2011.

Holy fuck
Check this assblaster video
youtu.be/RGcZyUK5oLE
This conference funded by Symbiont.io

We fucking made it
We are pre-rich

I don't want any anons to sell, I shill 98% of the time. Sometimes though I play devil's advocate when there is a legitimate debate to be had. It will only make Link stronger in the end.

$1000 eoy

woah

Attached: 1523316973041.jpg (900x900, 165K)

>JP Morgan
>Santander
>Digital Asset

ok all of these firms are in someway connected to LINK

- Santander was a part of the POC at Sibos
- JP Morgan part of IC3
- Digital Asset part of IC3

all stand to benefit from ChainLink's success

Also AssBlaster worked at all of them

1 link worth 1000 link

Wait whut

You should be ashamed of yourself imo. Your 2% non shill could have fucked over some weakhanded holders that could lead to them losing a huge financial windfall not only for themselves but to their families and others in need. If you want to debate issues fine, but why not say up front you are a solid investor and believer ib Link. Karma dude, what comes around goes around.

chainlink is the best thing ever made by a human, prove me wrong

if he were fucking her she wouldnt even be alive anymore. not because his body would sufficate her, but because hes that good at fuckin'

You're wrong, Sergey isn't human, he's an angel

Attached: IMG_0517.jpg (225x225, 22K)

Try a God...

Oh Juny it’ll be much higher than that.

Attached: 38375202-F78A-44BA-93B5-86EB2C9B096D.png (500x281, 129K)

linkflation

Man I really hope it goes below 20 cents. I'm about to go FOMO on this.

>moitering
MAKE IT FUCKING STOP JUST SOLD 100K LINK FUCK THIS SHIT

Attached: 1530782425913.jpg (1680x1680, 250K)

WHY THE FUCK CAN NOBODY SPELL WTF MOITERING FUCK THIS SHITCOIN SOMEONE GIVE ME A REASON FOR THIS BULLSHIT FUCKING HELL

Sergey is fudding his own project in order to keep normies out.

Attached: LMAO.png (400x414, 287K)

I already own almost 9k link, but want some more. Should I give a frick and wait for dip or fomo now? Dip when?

you should probably wait a bit. we're still in a bear market and link probably still isnt going to rocket away any time soon.

if they can not even spell monitoring it will never rocket anywhere. god bless their code or we are done for.

Attached: 1532489485283.jpg (2209x2921, 3.17M)

>moitoring
have they fixed it yet damn. wtf i could use proper grammar in a foreign lang i do not even know because we have INTERNET

I WWANT AN EXPLANATION FOR THIS NEGLIGENCE JUST USE SPELL CHECK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LOL BUTTHURT

If they cant DYOR and see the value in this project then they don't deserve it.

It could but could also to continue upward trend. Only about 45 days to mid September and there is speculation main net is in September. You could have to buy in at a higher price. If any announcements are confirmed publically then or before it is going higher, to what extent, who knows?

Who wrote moiterring? I want to talk with them. They realize I got 20 thousand dollars on the line and they are jacking off not using spell check!? fuck them

I mean, Assblaster said once that it would be very obvious why she chose that name ... ...
>...