When is this pnd over? I want to spend my 1 BTC on chainlink when it hits 19 cent again

>What does it have to do with anything I said?
You literally said "a Json parser that could be programmed in one night".

Do you have brain damage that you forgot already?

>IBM would ever relate themselves officially with a project so far fetched and yet so underdeveloped like Link lmao.
Well Swift did. You do know Swift, right?

Accord is using Chainlink, and IBM is using Accord. Specifically for smart contracts.
Christ you're retarded, lmao.

No it didnt dude swift probably said it looks interesting we`ll keep an eye out for your cool blockchain technology

Nobody serious in any bank will ever give 2 fucks about this

Swift asked Sergey to develop a PoC, and Sergey was the only external crypto dev to present at Swift's 2017vSIBOS.

Swift also listed the Chainlink PoC as one of the primary examples of ISO 20022, right alongside flagship projects like GPI. See pic.
And if you don't know how important ISO 20022 is to Swift, then god help you.

In short: you're a dumbass lol.

Attached: Swift press release smart contracts 2.png (1672x722, 254K)

crypto can never be used for anything seriously because the price is too volatile

nobody making deals will ever use something that can double in price the next day

its just stupid to use it

This.
Dumb, emotional shill.

Then I guess you're in the wrong thread, huh?
Also, better call IBM and Swift and tell them that.

>directly quote Swift
>get called a dumb, emotional shill
k bro

Also,
>namefag as "Crypto Bobby"
>believe that crypto can never be used for anything
Just how retarded are you?

Classic failed fud cope

Assuming Link goes live (which I really doubt) , price volatility and lack of clarity when it comes to determine network trust renders Link essentially useless. You are forgetting that, even though Link is an utility token, its price is bouncing an will continue to bounce like a psycho monkey for years to come. What real tech company on its right mind would bother using link to solve a problem using an unstable, unreliable and untested solution?

Here is a solution for your oracle problem: buy an Enterprise level licence Oracle DB provider.

you dumbfuck. let's say a call in CL newtork costs 1 cent. it doesn't matter if you pay for it 0.1, 0.0001 or 0.007546342 chainlink tokens until it's 1cent.

if you sell a watch for 100$ and then when you wake up you only have 20$ worth of chainlink

you go out of business

no business will ever use crypto

fiat is more stable even though it decreases in value over decades

>price volatility
It literally does not matter if Link is 1 USD or 1 billion USD.
1 cent worth of Link is 1 cent worth of Link.
Brainlet.

>lack of clarity when it comes to determine network trust
What?

kek. you have no idea what Link is doing Rakesh. Link is not a currency bitchboi.

Are you talking about node operators?
Their work/success directly impacts the price of the token, which means they have every incentive to do well.

As for the users, they'll barely even know they used a token.

its even worse when youre dealing with real companies making real business deals with insurance and loans and stuff

hurr i make a smart contract to loan you 10,000$ woops now its worth 2,000$ we just lost 8,000$ on a loan we thought we were going to charge you interest for little do they know the interest is impossible to calculate

no bank wil ever use this shit

Why aren't you paying in $ then? Also, let's say a smart contract is deployed and is set on paying a node an amount of chainlink. The data needs a day to be created and to be transferred (let's say it's horse betting or something and the event is the next day). Wtf happens when LINK collapses or moons? Either the node owner or the client gets ripped off and won't ever use this shit again and will choose the centralised, safe, stable and reputable alternative.

>Why aren't you paying in $ then?
You are.
Brainlet.

Keked so hard at your first paragraph. Regarding your question, I know link is a meme but let's just suppose it works, even though I'm 99% sure it won't: node operators are supposed to be always accountable when a client request some data, what's the strategy to deal with malicious participants?

>node operators are supposed to be always accountable when a client request some data, what's the strategy to deal with malicious participants?
Guillotine. It's right there in the white paper.

My god, you people are still thinking LINK is a currency... LINK is just used for the data. The payout isn’t in LINK.. Jesus.

>probably

Attached: FC8E5386-380B-4F07-9F91-0F8B19583AA7.png (324x454, 10K)

if link moons it means the network itself could become paralized because no one on its right mind would bother wasting their time and resources validating some shitty data in exchange for some shitcoin Link when they could be dumping those links for profit instead lmao

You’re an idiot and you haven’t done your reading

>i make a smart contract to loan you 10,000$ woops now its worth 2,000$
AAAAAAAAHAHAHAHAHAHAHAHAH

You have Z E R O clue what Chainlink is or does, jesus fucking christ this is hilarious.

Well good luck with that

Just stop posting man

Oh my, he doesn’t know

Thanks bro!
It pays to actually know what you're talking bout.

You asked a question that is literally and directly addressed in the white paper, which came out almost a year ago.
And the answer is: malicious nodes get the guillotine.

Why would anyone want to hold then?

What the fuck are you babbling about?

Link could literally be 1 billion USD per fucking token, and you could still pay people 1 cent worth of Link.
How would the network be "paralyzed" if Link moons?

Also,
>no one on its right mind
Hi Ranjeet.

Because if they don't hold long enough, they get the guillotine.
Right there in the white paper.

>Link 1 billion USD

For the love of God please STOP my sides LMAO. And yes, I might not dominate the English language, but at least I try to do my best.

What about your sides?
Link could be 1 billion USD, and you could still pay people 1 cent worth of Link; so please explain how Link mooning would "paralyze the network".

Why would they hold of Link really goes to the moon? C'mon, they would be dumping like there is no tomorrow if that was the case. After that the network would never be functional again.

ChainLink network will die the very day it decides to moon.

>Why would they hold of Link really goes to the moon?
Because there's money to be made running nodes, for one.

>if something moons, people just sell and then it just dies
How many times has bitcoin mooned?

You don't know what you're talking about lol, not at all.
To give you an idea about how you sound, if you said that a Bitcoin is a waterslide and Ethereum is a chinese t-shirt brand that'd still be less retarded than what you wrote.

brainlet. my english is a bit bad, so I didn't understood everything in the whitepaper but I think I got it anyway. let's say you hold 100k usd worth of CL. so you can work with smárt contracts worth of max 100k usd because your link is the guaranty that you won't give false data. so it solves the muh you don't need link to run a node fud. yes you can run a node...for contracts that's value is 0, because you can't guarantee that you won't give false data...because if you give false data, they can't "punish" you.
again if I get it right,

as if the gook didnt ruin it

You mean the marketing director with high-profile Forbes and Amazon connections?