How high will it go for its first bubble?

ok buddy. carefully read chainlinks own words.
read others opinions
>reddit
reddit.com/r/Chainlink/comments/8gcix9/chainlink_as_a_security/

Read the howey test which classifies securities
>It is an investment of money
>There is an expectation of profits from the investment
>The investment of money is in a common enterprise
>Any profit comes from the efforts of a promoter or third party
>Although the Howey Test uses the term "money," later cases have expanded this to include investments of assets other than money. The term "common enterprise" isn't precisely defined, and courts have used different interpretations. Most federal courts define a common enterprise as one that is horizontal, meaning that investors pool their money or assets together to invest in a project. However, other courts use different definitions.

And make up your own mind. There is a reason they didn't allow USA in the presale. There is a reason they have wording they do in their TOS.

You cannot run a node, expect profit from a "common enterprise" and say its not a security. it is. you just dont want to be in too deep when that happens. and fuck you $100 is literally impossible. DYOR

pee pee poo poo

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Maybe MAYBE a dollar
Don’t bet on it

Most of biz posts are uneducated garbage but I keep coming back for the rare, truly insightful posts such as this

My money is on 0.1$

.0001 Zimbabwean dollar

swift partnership is literally listed on their website, not only that they did an actual presentation showing how swift is using their PoC. If they need for formally announce on twitter 'WE ARE PARTNERED WITH SWIFT BWT HAHA XD", then I fear for the future of humanity.

you realize anyone can be a swift partner?
>swift.com/about-us/partner-programme
it means sergy paid swift to write a connector with their service, not vice versa.

That was priced in ages ago you delusional retard

>burgers can't own securities
wew

Swift is american afaik

1$ EOD
10$ EOW
100$ EOOctober
1.000$ EONovember
10.000$ EOY

>SWIFT is a cooperative society under Belgian law owned by its member financial institutions with offices around the world. SWIFT headquarters, designed by Ricardo Bofill Taller de Arquitectura are in La Hulpe, Belgium, near Brussels

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LINK network will be much more useful than ETH ever will be or ever was.
It's easy to understand why. ETH is a shitcoin factory. That's all it does. But LINK will financialize APIs to an unheard of extent. Literally the future of finance could be LINK-based.
>and that's true even if ETH folds and goes to zero

So when’s it gonna happen?
When’s it even gonna make the smaller little step towards that?
The damn thing doesn’t even have a release date yet

explain yourself
>Literally the future of finance could be LINK-based.
Give me one good use of a smart contract. So far ive seen shit like pic related which literally doesn't make sense.

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pajeet pajeet he shits on a street

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That didn’t answer a god damn thing I asked

Jesus fucking christ you are worse than the goldbugs

Ok, these are 'practical' simple 'real life' types of examples that usually get cited because they are easy for a non-financially-literate normie to understand. "If it rains, I won't get paid." etc.
But the real value of smart contracts is the possibility to create self-executing derivatives contracts based on data such as the prices of securities--automation of pure finance at an unprecedented depth and scale, trustless contracts derived from the financial market with multiple chains of causality.
The possibilities for this are practically endless.

have you read coinbases PDF? Node staking and profits from running nodes makes it a security.

coinbase.com/legal/securities-law-framework.pdf
>Nevertheless, it would seem to us to be the case that where the issuer of the particular Blockchain Tokens uses the funds derived from the issuance to create, support or maintain the system, a court might find the common enterprise element satisfied.

link is the access to decentralization to every company/state who wants it access to it. period. if it gains traction, it will not be big. It will be huge.

>government ruins everything again for the 8383738737373838372872837484847372847483rd time

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If there's another bubble LINK could be $100-200 and only be a fraction of ETH's market cap

>link, which does nothing
boy you're dumb lol

$1-$5 absolute MAX and that is IF we get an insane bullrun (probably won't happen).

No, you clearly don't understand--LINK got above $1 with no finished product--the network in operation means actual business, actual value creation, not just NEETs speculating on an ERC token. $10 is still a good price early after the network begins operation.
Many assets remain undervalued for much longer periods.

calm down they haven't even finished writing the code yet

truly the land of the free

>You cannot run a node, expect profit from a "common enterprise" and say its not a security. it is.
Nodes won't profit from investment in a 'common enterprise' or from the 'efforts of a promoter or third party.' They'll generate profits by selling a service (api data to smart contract parties). The Link token is explicitly a tool for that, the network will not serve smart contracts without the token. The disclaimer in the ico is a hedge against arguments like yours in the case that somebody tries to pull some SEC shenanigans prior to the release of a functional main network. Nice try but your fud has been btfo since 2017.

>It is an investment of money
>There is an expectation of profits from the investment
>The investment of money is in a common enterprise
You're not investing in anything. You're just buying tickets to the theme park. The network is coded to use the token. People who think link is an investment are defining it as such themselves, but it isn't an investment. There are people who will be getting it for free when the mainnet is up.
>Any profit comes from the efforts of a promoter or third party
And how often have they promoted the link token? 0 absolutely 0 promotion of the link token. All promotion surrounds the network. The chainlink token is a ticket that gives you access to the network.
>You cannot run a node, expect profit from a "common enterprise" and say its not a security. it is. you just dont want to be in too deep when that happens
2 things you're not taking into consideration.
1. the SEC doesn't have time for this shit. They seriously lack the funding and the manpower to take this shit on. It's not worth it for them. They have bigger fish to fry. And what chainlink is doing isn't even illegal. They're not selling or promoting an unregistered security.
2. if the SEC does decide to take this on, the courts themselves will decide if it's an expectation of profits from a common enterprise. I doubt they will see link as a security for the reasons I said above.

Kewl. Stay poor burgers.

>coinbase.com/legal/securities-law-framework.pdf
explains it more clearly. read it on the shitter sometime its not too legalish so it is easier to understand.

From CB
>Nevertheless, it would seem to us to be the case that where the issuer of the particular Blockchain Tokens uses the funds derived from the issuance to create, support or maintain the system, a court might find the common enterprise element satisfied.

From Link ICO:
>35% will go to the node operators incentives fund to incentivize node operators to provide key data feeds, APIs, and off-chain payments to smart contracts, 35% will be sold in the public token sale, and 30% will go to the company for continued development.

Regardless if SEC sees it a security, coinbase will never add it - and their definition says its a security. What happens when SEC goes after exchanges allowing US users access to the token and cant cash out?

The token will have no value to end users, if the only people that can use link or run nodes is businesses.

>No, you clearly don't understand--LINK got above $1 with no finished product--the network in operation means actual business

Problem is with crypto the speculation is the whole game basically. Once the actual product is out it always just dumps when people realize no one is actually using any of these.

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>he doesn’t know that mainnet will reveal partnerships
>he hasn’t seen the effect of crypto used in enterprises
>he thinks only 1-5bucks

Seriously FUD HARDER. You will witness the biggest adoption / biggest fucking green candle that will write it self into history text books. They will have to Invent a new chart reading pattern called the right angle singularity boner. Get wet user get wet

Yeah, just looking at this, I can tell that chainlink is following all of the rules set out in this guide. It would baffle me if the SEC claimed that link is a security.
>Regardless if SEC sees it a security, coinbase will never add it
Why would coinbase users want to buy link? I'd wager 99.99% of coinbase users would have no use for the link token.
>What happens when SEC goes after exchanges allowing US users access to the token and cant cash out?
Not going to happen. The SEC has enough shit on its plate. They're not going to go after foreign exchanges unless you can start exchanging your dollars for crypto on them.
>The token will have no value to end users, if the only people that can use link or run nodes is businesses.
Yes that's exactly the point. Start a business and run a node. Stop relying on digits and 1keoy prophesy. American users can run nodes and should because that's how the network gets built. People running nodes, even if it's a shitty node on your home computer (just don't stake any link in it). Every node will bring value to the network because the network is decentralized.

have you not been following any news?

bitcoinexchangeguide.com/sec-shuts-down-1broker-as-crypto-community-says-binance-and-bitmex-are-next/

lmaoing@u

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That's not news dude that's click bait. And guess what? You got baited.

so ignore it. whatever. crypto is a big enough gamble as it is. last thing I need is SEC to shut them down, have to use a VPN to get my funds, then the site decides to KYC you or someshit and steel everything. Not worth the risk.

USD props up most pairs. look what happened when china banned bitcoin, the dump we took because everyone from china tried to get out whatever way possible. Once USD gets taken away because its labeld a threat, rip price.

I stick to the regulated pairs. BTC / ETH / LTC / ETC / Zcash

They took down 1broker. Keep gambling buddy but just make sure in your risk/reward calcs you are assuming counterparty risk now more than every.

1Broker is down, try access it yourself

The government isn't going to touch anyone with that big of business connections like SWIFT

1broker was a signal to the others. The SEC is basically saying, we don't want to have to come after you too so get your shit together.
Do binance and bitmex ban American IPs from using their service? If they do then that is good enough. If they don't right now then the SEC may come after them.

First of all dude, if youre basing your judgment on that news article, Binance does not have a BTCUSD pair, this point alone does not justify a SEC closure on them. Bitmex does not allow Americans to play on their website.
Secondly, Marshall Islands count as US territory since they have a military base there and 1broker is a literalwho exchange you probably just heard this week since the latest fud comes out.
But yeah go ahead, keep parroting stuff gubment tells you, im sure they very much care about the security of your money.

SWIFT is not a big business connection. Its something anyone can pay to get. see Neither is salesforce. See
>developer.salesforce.com/

Could you guys stop spamming the board please. You've been wrong for a year now. I don't see anything changing soon. Thanks guys.

I mean I hope so, I hold a tiny bag of LINK myself lol but somehow it feels too easy.

>been wrong
>service and network has not yet finished or been implemented yet because its going through rigorous testing.
shut the fuck up faggot and kill yourself. you literally have the patience and mind of a goldfish. i pity you.

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I only come to Jow Forums a couple of times a month and every time I come its
>LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK
>LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK LINK
How much % of it is it people trying to get rid of their bags, just being a Jow Forums meme, and not being a shitcoin?
My guess is 50/50/0 by the amount of shilling that goes on here

It won't even get to $1 by EOY.

Screencap this.

Lel. Keep it up

can you not read? its literally an advertisement shit companies pay for and you faggots are herp derp swift.

you are getting scammed. DYOR
>swift.com/about-us/partner-programme/join-our-partner-programme

your SWIFT fud is just stupid and factually inaccurate, which gives away the fact that you don't believe the rest of the regulatory stuff (especially w/r/t 1broker and possibly binance being forced to stop taking americans), which is actually a pretty good an undeniable point.

to be fair the majority of normalfags have no idea what swift is

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read for yourself please >Participation in the SWIFT Partner Programme is a great way to gain additional credibility for your SWIFT-related products and services while enhancing your commercial opportunities. Qualified participants are entitled to a wide range of benefits, including:

>Online access to SWIFT documentation and support, including the SWIFT User Handbook (UHB) and Knowledge Base tips, ordering and billing, and case management.
>Eligibility to apply for SWIFT Certification of your applications, interfaces, and service specialists.
>Eligibility to register and participate as an official Sibos exhibitor.
>Access to SWIFT developer and testing tools to facilitate development and testing of SWIFT-compliant solutions at standard prices and conditions.
>Access to additional SWIFT products, services and training at standard prices and conditions.
>Registration is mandatory in order to take part in the SWIFT Certified programme or become a SWIFT Business Partner.

>Please note that initial registration for the SWIFT Partner Programme does not provide any formal recognition by SWIFT. Those registering for the SWIFT Partner Programme will not be listed in SWIFT collateral or on our website.

has swift officially recognized chainlink? if not they are just a partner, which anyone can pay to be.

are you not from usa? just go to the 1broker website?

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>have they officially recognize them?

They gave a panel at their own con.

Absolute state.

>Eligibility to register and participate as an official Sibos exhibitor.

thats part of the partner program, are you not reading?

>won innotribe
>presented POC
>2 years at SIBOS
>already registered as per your piece of shit explanation ages ago (REGISTRATION IS MANDATORY)
whats your fucking point?

I really hate dealing with retards like you.

coindesk.com/swift-completes-blockchain-smart-contracts-trial/

>Interbank messaging platform Swift has completed a blockchain proof-of-concept in partnership with startup SmartContract.

>The proof-of-concept, revealed today, is the first project to use SmartContract's ChainLink v1.0, which lets users connect smart contracts to data feeds, web APIs and a number of payment methods.

are you an idiot? that's completely separate from being a winner of INNOTRIBE. they didnt register to sign up to have a little kiosk with pamphlets and shill some unknown tech. what you are thinking of is the following:

sibos.com/conference/exhibitors

this is NOT related to any POC or competitions at SIBOS

Registration is available for anyone who fills out a form, pays EUR 2,500 per year, and that comes with a booth at SIBOS. That does not mean its endorsed. It means they paid SWIFT to advertise.

>Please note that initial registration for the SWIFT Partner Programme does not provide any formal recognition by SWIFT. Those registering for the SWIFT Partner Programme will not be listed in SWIFT collateral or on our website.

Look here
Then kys

whatever makes you feel better brainlet.

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Why do linkies always have to revert to personal insults?

aw did you get your feelings hurt sweetie?

innotribe
>Through global events and research initiatives, Innotribe brings together innovators and investors from leading financial institutions worldwide to identify, develop, and implement transformational innovations.

>Innotribe is ranked 12,461,457 among websites globally based on its 1,161 monthly web visitors.

its a low tier, paid-fud investment conference. thats all swift is is advertising. it means nothing but you paid a fee. have you ever been to one of those shill conferences? they suck and everyone is just there for the booze/free airmiles.

you sound like you are 12, fucking do some real digging. maybe watch one or two of their conferecnes on youtube. read some pdfs.

>it’s his first time on Jow Forums

You need a minimum of 2 years to post

YOU ARE A RETARD
Stay fucking poor.

i'm here longer then you.

Observe link threads, it's only insults.

No your not I can assure you on that.

youtube.com/watch?v=o6frxYOk4fA&t=1206s

>low tier conference.
>paid fud...
what the absolute fuck are you on about? i have to wonder how on earth you were able to tie your shoes this morning big boy. easily dumber than rocks.

Ok, i'm here from 2013

you have to go back newfag.

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>personal
Tries to get personal

Absolute state of nolinkers

The partnership was already confirmed fucker

is chainlink a swift business partner? a swift application? they will have to display this logo if so.

if not they are just paying a yearly fee to promote their shit.

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??? i'm not insulting anyone

If your asking questions then DYOR . I really could careless if you make it man.

all i see is this, which means they paid the fee. they need to display that other logo somewhere if its the case.

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Insulting someone is objectively the same as directly comparing to someone

Both are trying to have a superiority complex over the other person.

A new medium post is about to drop about chainlink

no. I hate Jow Forums being here longer feels like a failure

Uh, yes. Insulting someone vs. Comparing to someone is exactly the same meaning.

Also you Look retarded saying you hate Jow Forums yet actively post here.

yeah, i have the same with weed.

Where

Investment pool is in. They’ll be running 100+ nodes