Rational Link Investors

They were very available for discussion. I’m not implying I have some sort of special contact with them. They were very available for Q&A both during and after presentation...

and what exactly was the point of your post? It is nothing of substance beside "I talked to some people at Microsoft Azure and they didn't know about ChainLink." Ok? And now you want to sell your bags? Sell 'em. Who gives a fuck?

Man link just dips a little and the spirit is already wavering. We still have 4 months to go till EOY. It will be guaranteed 100€

I’m not arguing that, I’m arguing that people are deliberately manipulating information to make this seem like it has entirely more potential than it does due to corporate interest that doesn’t actually exist.

Then sell, faggot.

More was hoping that anyone has done some ground work regarding their investment besides reading biz posts and could share their findings.

Here's my take. If smart contracts take off, something like chainlink needs to exist. There doesn't seem to be any compelling alternatives right now, so linkies it is.

i can tell by your syntax that you shit on a street so i just don't care, pajeet.

So why didn't shill them chainlink and told the practical applications it has for them?

It's not going to be 100 euros at eoy. This is a long term project.

You can't talk to link cultists, they're too far gone. It's especially sad watching the newest members of the cult latch onto any little 'breadcrumb' or old piece of rehashed info about the POC for SWIFT (unrelated to the meme token you hold sweetie) as reassurance they made the right decision to take out that loan and go all-in. Like most cults, this will ending in mass suicide.

digitalchamber.org/assets/smart-contracts-12-use-cases-for-business-and-beyond.pdf

you may need to lurk more, desu.

Glad I sold my bags in early January

Tell what's long term, it seems people think 1 months is long in this volatile market.
Much can change in a short period of time. Especially as mainnet will probably be released in the upcoming months.

I tried to discuss it with them. They described how they make their own oracles and how the information going into the smart contract applications they’re putting together is sourced from trusted entities.

You may need to get out and actually interact with some of the companies leading the way in these endeavors, like IBM and MS...

Yup, decentralized oracles are a meme.

I’m not a pajeet, regardless of my ethnicity, why don’t you try to take some time to be objective, think for yourself, and try to have a thought that hasn’t been hashed out here ad infinitum. To me, the fact that a bunch of literal WHOs are announcing their interest in ChainLink isn’t good. Ethereum was the opposite: huge entities were fascinated by it and showed support. Huge entities already established in lucrative economic sectors. ChainLink is solely garnering attention from blockchain consortiums and unheard of projects that surely generate little to no revenue. If huge entities were very interested, they’d surely be talking about ChainLink now and its test net and potential...

>passive aggressive.
>refuses to revise a document
>document contains such movers and shakers

Please go back to plebbit.

I honestly don’t know the site probably won’t give you the answer you’re looking for OP. LINK is a interesting project i’ll buy a little more soon and stop accumulating because this coin is just too overhyped, lots of larps etc.

And look, I’m not trying to fud, I’m genuinely looking to discuss this with other speculators (especially anyone who has done some real world ground work...not autistic dot connecting in matching individuals’ names that show up on websites, Twitter follows, etc).

>Swift is an unheard of project

People who bought bitcoin in 2012 had to wait 5 years until it finally took off.

Why go through the hassle of a trusted entity if sergey will be done soon?

I don't like calling it investing. I think this will go somewhere in a couple of years, not sooner. Maybe. Nowhere close to 1K. I talk more about crypto because it's more exciting, but most of my money is on other shit and most of my crypto money isn't on LINK. I don't know, to this day I still believe Ethereum is a huge piece of shit.

If you feel the position is too big and you want to put more on other assets by all means go ahead, it's your money and it's only going to affect you, my only advice, don't rush a lot out and don't rush into moving it into something else, your other shit will probably have to wait too if you want good payouts. But it's fine to change your mind. I don't believe swing trading is affecting the price "inorganically", it's more like there's not much more to do with the token than trading it now. The price of all these things stays alive on speculation, it's not like people are spot buying because they need to stake TODAY.

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>Make their own oracles.
If it's not end to end decentralized, then what's the point of using smart contracts?

I’ve read the document. It doesn’t mention ChainLink. Smart Contracts are not equal to ChainLink.

to be honest, i think ChainLink only contributed to Microsoft Cryptlets Bletchley by discussing an oracle standard, rather than being the oracle service itself

Since the team didnt mention microsoft on their website, but DID mention SWIFT, i think the SWIFT thing is actually legit

To cut out a lot of redundancy and extra work/costs associated with existing contractual paradigms. I don’t know why decentralization is necessarily important. I think cost saving is the biggest driving factor.

Fud. Kill self

We see through your obvious FUDing. Creative but nonetheless transparent. Swing trading with a 100k link stack? Yeah ok

Seems easy enough to make profit trading, with a large amount of unnecessary risk. I feel comfortable living my life and saving my energy for living.

stop shitting on streets, pajeet. bad.

Where is this pic from? The location.

I agree...and unfortunately I don’t think that’s as big of a deal as the type of smart contract development scale that will implemented in private industry by the likes of MS and IBM. If these types of huge players aren’t concerned with decentralization, no one will be. I understand there is a push for DLT, but you don’t necessarily need the oracles to be decentralized also to achieve this end...

ever heard of psd2 faggot? ever heard of the open banking initiative and LINK's role in it? stop larping with your " I met with Microsoft Azure"

DLT isn't D without the DO (Decentralized Oracles) retard. This FUD thread looks big brained but is actually quite small.

All chainlink threads are rational my man.

>Are any other Anons viewing the hype created here rationally?

being rational on the internet just means pessimistically listing off every reservation you have on a topic in as even-hinged of a manner as is possible, usually on a relevant subreddit, but to anyone here who has even a cursory understanding of chainlink lore it's pretty clear that you're wrong about literally everything. but that's beside the point: you *seem* reasonable so now we have to engage you as if you were.

anyways, thanks for posting your critique. really made me think.

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1. All other projects in the space are garbage for the most part.
2. Most can be replaced with an oracle.
3. Where else are you going to put your money?
4. Wait for the mainnet.
5. If you believe in blockchains future they need an oracle. Without it you have pointless tokenization.
6. Watch Marley Grey - the lead architect behind Azure describe the future of blockchain to put things into perspective.
7. I invest 2-3 years ahead in the future before people wake up about sleepers.
8. All it takes is a couple projects announcing a partnership to launch eyes onto the project and send the chart flying (why would the team want this before mainnet , they will be bombarded with questions)
9. Who else has such a powerful first mover? The network effect is impossible for other firms to recreate and its barely even started yet.
10. Look at the scarcity / token valuation modes engrained into LINK. ITS DESIGNED TO INCREASE IN PRICE.
11. Understand the future of the API economy and it’s sheer scale (Mulesoft)

Come on man don’t get restless feet. Use your gut. If you’re scared you’re putting too much emotion/size on your position.

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Here's the sensible value proposition of Chainlink:
A reliable and easy to use platform for connecting API data to smart contracts is a great idea.
It's not technically that difficult (compared to the leap of genius it took to solve other crypto problems) and can be useful even it isnt perfect.
The team is professional, experienced and well funded.
There are so many coins in the top 20 that are literally useless and which a working oracle platform would deserve to replace that a fair valuation would probably be 2 or 3BN in today's market.
This gives a valuation of $3-$10 per LINK (depending on how you count mcap) for a functional mainnet.

Yes, where is there any evidence of Chainlink’s involvement with PSD2 besides breadcrumb suggestions on biz?

Distributed doesn’t mean completely decentralized. We can have a discussion without name calling. I’m not trying to “insult your investment” or make you feel bad. Just trying to take an objective perspective which doesn’t seem to happen here...well...ever

Why would anyone praise a tech that is (still) non existant?

Gl with the trades though
Dont do anything stupid these next couple of days

read the connections:

sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

Let's check out some of the relevant passages.

Most of this is from the section "Friend or foe?", but the entire doc is full of gems.

1) "The European Union’s second
Payments Services Directive (PSD2) and
the UK’s Open Banking Initiative, due to
come into effect from 2018, both mandate
use of standardised open APIs to facilitate
access to bank customers’ transaction and
account data."
>FANTASTIC news for Chainlink, which relies entirely on external data sources like open APIs.
>This also means anyone can run a very desirable node, since previously internal bank info will become externally available APIs.

2) "You can see that the rhetoric around fintech
has changed from disruption and revolution
to collaborative outcomes."
>Extremely relevant to Chainlink, which is set to enter into the biggest collaborations ever between crypto and traditional finance

So many simple procedures , clearing houses , lawyers etc will be replaced. You need a decntruwlized web for those procedures. Private blockchain infrastructure running on closed Oracle infrastructure defeats the purpose of a blockchain doesn’t it? The trust / immutable nature is gone (and are the costs the same? Are they cheaper?) with models like LINK YOU GET REWARDED FOR HOLDING IT / INVESTING IN THE NETWORK(could you say the same about a private system)

this is the 'red.ditor' from yesterday. same style, same comebacks to insults

put two and two together. you managed to make it to three different blockchain conferences after putting on your big boy pants by yourself. why don't you use your brain for once and think about it. Chainlink is on the verge of supporting the very formats that will run the post-PSD2 banking world. It is not a coincidence that mainnet will most likely launch around the time most of these banks will have to comply to the new PSD2 laws.

ya ok fine sure whatever great i guess, but do you have any
p Ro o F

Please no one answer idiots like this. Pointless bumps.

also what on earth makes you think equities is a better idea to transfer your 15k into? risk management much?

Thanks for this reply. I’ve admittedly been researching more and more into the potential for future API economy and it is my hold out reservation. I’m just not sure it might not be simpler to penalize an API provider for providing bad data for a smart contract and use a secure oracle in the way Microsoft Azure and IBM are now. Seems like there could be several solutions, not all involving an added expense in the smart contract...?

But there’s been no actual suggestion as to Mainnet’s release or Chainlink’s involvement. Unless I missed something?

you get upset with the namecalling. do you wanna know why people here are pissed off? because you come in here knowing fully you have 90% of your networth invested in LINK, yet somehow you have serious reservations about the project that stem from a complete lack of understanding of the project's history and development.

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when there is proof, LINK will be at 1k

OP, all of crypto is a meme. Of course CL isn't 1/10,000 of what a handful of retards here are shilling. The majority of this bs is to sell bags. I've taken part in that months back myself, as I got caught up in the hype of the ICO here and bought after it was listed on Binance.
Take your profits swing trading, and GTFO before the game is over. Nobody wants this shit and it is moments away from its last breath.

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Link is a meme scamcoin

Just sell it and buy BTC or split it on Monero too, many alts will die in this bear market and you don't want to hold those bags forever, do you?

tezosfoundation.ch/news/clause/

all fud btfo
tezos using accord which uses chainlink
all fudders can suck my hairy shlong ya fucking shlomoes

You have to imagine a world in the future where thousands upon thousands of people will try to connect with each other with all differing information.
You need 1. A connector to any blockchain.
2. A web of random people that will be rewarded for doing work.
3. A model that takes coins out of the circulating supply (scarcity)
4. A reputation system to flush out the bad actors.
5. Proper aggregation so you identify the correct API call.

Now how do you determine who made the right call and who didn’t by sending their API information? Is there a central figure that will authorize these? Are they going to use an aggregation formula?

You slowly start to realize these concepts will only work with a bunch of middleman processing information retrieval’s that don’t know each other. I remember an user breaking down exactly why a decentrialized network is the only answer. I wish I could provide it to you but it’s darted my mind.

Random businesses will want to join the network in the simplest form possible so they can wipe out as much jobs as they can. Further automating their whole process. Once they see xxx Corp reaping the benefits they’ll all want a piece of the pie. They’re always going to choose a model of random nodes given the opportunity to process the information through reputation because it will be the cheapest most reliable option.

Would be grateful for that description. Was it here, and therefore will be archived?

haven't read others posts yet but a few things i wanted to say:
a) rational is believing that link will value itself considerably. If you had the delusion of 1000 eoy, off course that's irrational and it will lead to disappointment.
b) nda's tend to be justified for big companies and or companies that are present in the stock market. Its perfectly normal small things can be announced, while bigger ones can't be announced through the twitter of some random con. this is actually kinda bullish cause we know there is a collaboration with swift but there was never a need to promote it, because you can bet if it was just some random one time thing, another crypto project would have announced it right away.
c) this also aligns with sergey's article eoy 2017. The goal was to build the chainlink network. You can have big players using their system but chainlink objective is a global decentralized network of oracles. Everything matters, from shitcoins to smaller companies. Right now you have seen shitcoins announcing they will be using link and some new players announcing they will be using chainlink
d) accord is big as fuck because, not only it confirms several breadcrumbs, it also opens up an entire area of legislation that was expected in the near future, but not necessarily (at least i didnt expect) working right away with chainlink to make smart contracts actually functioning complex legal mechanisms.
e) ic3. how is that not big?

Also use Corda which doesn’t use Link...

I don’t consider it big because it doesn’t involve actual private industry. That is where money is made.

>consumer facing businesses don't make money
wew

this is how I know you are actually retarded. without a doubt you are trolling. do you not have anything better to do? here you are asking for helpful, meaningful replies and this is what we get in return.

I like this thread. It's good to get some actual heavy fud every now and again.
Sick of retards like cardfag making discussion impossible.

No...? What has IC3 accomplished? Has it produced anything beyond being an agademic get together to try to solve issues?

he's just trying to come across as an intelligent troll. notice that he can't even refute any of the posters comments other 4 comments.

i was making fun of people who demand proof and can't see the forest for the trees, fellas. jeez

You dumb link bagholders fucking kek, you guys crack me up.

>it's a longterm hold
>EOY
>mainnet soon

No it's not you fags have been saying this for a year now, how does it feel to earn nothing on a whole year?

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mhhh nazarov has some beatiful feet, would love to suck on them

If BCH smart contracts take off BCH will have its own oracle

Ok? His suggestion about NDAs only being for companies on the stock market is completely wrong. NDAs are for anyone to whom you’re presenting an idea of which you do not want any details disclosed. This can be for discussing a formulation with a producer, talking about a business idea with a graphics designer, soliciting an endorsement from a celebrity, etc etc etc. NDAs are used in uncountable applications. I can’t really refute Sergey’s vision because it deals in the future. I feel similarly about Accord as I do about IC3. Neither of these are revenue generating entities and I’m not sure why involvement is considered so exciting. Sure, I could see the potential that could arise from that, but I don’t find it to be that incredible. OpenLaw is kind of interesting too. Swift involvement is the most exciting confirmed involvement, but I don’t feel optimistic that many private/public companies with actual revenue are dying for Mainnet to be ready so they can use it.

a few months ago yes

And please don’t misread that last post. Sure, some potential COULD come from some kind of precedent being developed via Accord...but that isn’t guaranteed, and the likelihood of precedent necessitating the use of ChainLink seems very unlikely. I don’t want to make it seem like that isn’t very interesting conceptually

you've probably heard automation is going to slash costs for the past 15 years and you don't think real businesses are clamoring to use a network that allows them to eliminate costly, wasteful, soon-to-be redundant employees? what in the actual fuck

never follow the general sentiment of Jow Forums
if you sense that it's time to be more rational, double down

Which projects in crypto do you like? I'm in London and there are some blockchain events here but I haven't attended anything.

Where did I say that? Companies don’t need ChainLink for automation and/or smart contracts.

how will they assure the fidelity of the data which triggers their smart contracts if they don't use link?

Tips on swingtrading Link? Can I get to 100k by crazily swing trading a 2k stack? Pls respond

By penalizing providers of bad data. I imagine most applications won't need some sort of "consensus data" or that there won't even be such data available.

Plz help

You'll make like 100 link every couple of days, best case scenario dude

What kind of tips are you looking for? Do you have any experience in trading in any markets? Growing your stack 50x isn't going to happen for a long time with Link's current movement.

How is there this much debate? Dude just sell your 50k stack into btc & wait

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I'm not that interested in any crypto projects anymore. I'm more interested in the platforms on which companies are building their blockchain projects (which aren't token platforms). I still hold a fair amount of BTC though (besides my Link)

You wouldn't be cutting costs though. You would be unnecessarily increasing costs.

If you wanted to cut costs, you would just execute the contract on the computer. You wouldn't use the computer to feed the info into a decentralized computational environment. That would be an unnecessary and expensive step.

how will they penaleze them, and how will they prevent mitm attacks?

Through contractual stipulation

I haven't seen much that's too special about trading it compared to random shitcoin #3543 and I don't think that idea is coming from people that trade too often.

I think this is helpful if you're starting, whatever the market
youtube.com/watch?v=Uzq1jgNKuBc
Even more blackpill version:
youtube.com/watch?v=NDkE6RHke9U

Cryptotwitter niggies I think are smart and post clean shit:
@CacheBoi
@AureliusBTC
@Cryptorae
@Tradermayne
@edwardmorra_btc
@CryptoCred I don't follow his shit much but I know he has a lot of technical beginner content. I think he also started livecommenting on his trades on telegram.

Make it simple, track your progress and then you can start complicating it. You can just trade 1 pair. Shit like risking 1-2% on a trade is not a bad habit, compounding each week adds up don't try to get too far too fast and learn to lose money as well. For all the fancy indicators and shit you'll see people looking at, you would be surprised how well some people do just sitting waiting until they can buy support / sell resistance or altering their biases after lower lows change to higher lows. Keep records, see where you're fucking up and actually do something about it if you want to improve.

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