Prove me wrong. Protip

Imagine still making these threads. How pathetic must you be to still make these threads on Jow Forums after all this time. I'm begging you to please get help.

ANOTHER fag with no argument. Nice

If you read the whitepaper you'd know the answer to your question.

Wrong moron. Lol

I've read the wp
All it says are node operators will be paid in link but it doesn't say why and why there can't be side agreements to bypass that cost and just settle in USD or btc

You're missing the point.
Peer-to-peer oracles are absolutely vital for public oracle adoption.
Here's ETH's Joseph Poon explaining it:
youtube.com/watch?v=vAUHmram7RU&feature=youtu.be&t=346
5:46

Banks and companies can use private oracles and blockchains all they want, peer-to-peer oracles are the true gamechanger that could even largely make them obsolete (think peer-to-peer financial products like loans and insurance).

>Companies can use the tech and just agree to pay in btc or fiat and bypass the over valued link token
Oh sure.
But they could also just write their own in that case. In-house oracles (and centralized oracles) have existed for many years now.
Instead they're using Chainlink, which in itself says a lot about Chainlink's reputation and place in the market.

Great but none of this tells me why link token will go up
The tech can and will be copied
You're making wild assumptions
Also no one except literal who's are using link. Remember confido? Yeah. Total shit coins and nobodies are gonna use link, and mainnet isn't even out yet so no one is fucking using it. It's all a big unknown and yet biz acts like huge companies are stock piling link tokens for future use. And yet it's down 70% from the highs. Really makes me think that biz is full of shit

k

Another faggot who has no argument
At least you tried but you can't even last more than 2 posts before being btfo

Can you PM me? I have some of these same doubts but no one to talk about them with.

You're trying too hard, it's too obvious.

You seem upset OP. You doing alright buddy?

You do realize that you’re not buying a stake in the company behind chainlink when you buy tokens, right? If a company forks chainlink then your tokens won’t increase in value.

Yes, the price of XRP makes absolutely no sense, but betting on the market making the same obvious “mistake” twice seems like a pretty bad strategy. Especially when it will be a lot easier to short cryptos in 1-2 years from now (bakkt, custodians, new derivatives etc.).

wow, thanks OP, really makes me think

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>Lebron James gets his Nikes for free, he doesn't contribute to Nike's bottom line at all!

OP: smoke some good weed and just think at how the world can be drastically altered by trustless finance.

Understand how Link tokens would be beneficial in such a system. Understand the mini economies that could even kind of evince around such a system. You’re lacking the vision for how things are going to be within five years. Imagine peer to peer loans without the (((middlemen))) taking cuts. Imagine the (((smart))) Contracts that’d be necessary and the info needed for that one process. The (((system))) becomes the middlemen. (((We))) are going to be the first node operators, (((OP)))

You don't need link tokens though for p2p loans or even decentralized oracles. The tech can be used and then settlement made in USD or gold or btc or whatever the fuck. Not link, dumbass!

Oh hey another fag with 0 argument. Seems to be a trend itt

If Lebron James made copies of Nike’s shoes and sold them to his own customers, then no, it would probably not be good for Nike’s bottom line. Do you think Chinese fakes are good for Nike’s business? Why don’t you have a look at how much money Nike spends on protecting their IPs.

I bring this up in every LINK thread. All year long these stinky link marines told us how chainlink is blockchain agnostic middleware. So what's the token for? Why add all that friction? I want my contract settled in an asset with some liquidity.

You can't embed USD or gold into deterministic blockchain code to provide the guaranteed and immediate compensation that is vital to financial smart contracts.
Using crypto other than a dedicated network token is retarded for a variety of reasons.

I’m noticing a trend alright

You. Bring a faggot.

I just don’t think he “gets it.”

Except nobody's selling off-brand Chainlink tokens to anyone, the fuck are you babbling about.

LINK tokens are used as collateral value. Smartcontracts use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

You don't need a link token to use the tech. It doesn't matter what Sergey says. People will copy, fork, knock off the code and run it at lower cost. Or find alternatives. The link token is a useless piece of the puzzle. It's like Walmart selling shit and demanding to be paid in their own token which will cause it to moon. Totally stupid and unnecessary

Sean Rutherford is well versed in off brand niggerdom.

>People will copy, fork, knock off the code and run it at lower cost.
They won't be able to copy, fork or knock off the network.

You're an amateur fudder.

Accord project alone puts link way ahead of any other project near it's market cap. Town crier is huge too. Just leave.

Look at ethereum. Private network forks by reputable companies is super bullish for the public price.

You're pathetic and trying too hard. If you've been around you would know all this fud has been thoroughly refuted countless times.

Do some research.

Still waiting for someone to explain why the network needs to use the LINK token

And yet link is down 70% from ath
Even with all the biztards buying and holding forever. It never mooned more than 10x. The market disagrees. Even fucking req mooned 20x.

I still believe that 10,000 ChainLink brand ethereum tokens is enough to become financially independent within 2 365 day periods. You may call this “cope” if you wish. But this is what I, as a white Christian male, strongly believe.

See and

Because Sergey says so is their answer. And they believe it and invest without actually thinking it through. To be fair most here have $5k or less invested so it really doesn't matter

More bullshit. See crypto bear market.

Link is the bitconnect to smart contracts

>BUY 10 LINKS AND EARN 10 MORE...with "staking" ;)

Sergey might as well be posting on twitter
>SEND 5 LINK AND GET 10 BACK

Face it linkies. "staking" is the new way of "doubling your eth"

-based anti linker

During the golden bull link pumped from what, 15c to $1.25? Wow. Tron and xrp did 1000x. Link is holding up now but still barely in the top 50. Nowhere near even shit like 0x, it needs to double just to reach that project. Easier said than done. Unless you're delusional

Have you asked your favorite kike upon a stick what he thinks of your hopes and dreams, worm?

they would use eth anyway, because chainlink's entire stack is useless without a smart contract layer, which will be ethereum for at least a long time. so either they concede and support eth or they get removed from the equation by developers and users not interested in paying a middleman fee.

Link fudders are so desperate that they describe the simple concept of "return on investment" as a ponzi scheme.

Because decentralized oracles almost haven’t seen any real world uses yet. Chainlink doesn’t have any significant economic moats. There’s nothing keeping people/companies from making their own version of Chainlink if decentralized oracles really are the future. Inagine if Amazon (or another tech company) decided to dedicate just 1% of their R&D budget ($23 billion) to making a better decentralized Oracle network. And unlike Chainlink, Amazon would most likely patent as many of the improvements to the technology as possible.

>There’s nothing keeping people/companies from making their own version of Chainlink if decentralized oracles really are the future.
They won't when they can simply set up private Chainlink nodes at zero cost.

>using an ERC token means you're defying ETH

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This. Look up the Kaleido partnership. Private blockchain with a private link faucet like on the Ropsten testnet. Free link and ETH for everyone.

"passive gains" isn't classified as a ROI dumbass. They would be dividends. ROI would be a token price increase.

The only thing is there will be no dividends on this because no one will be using a public chainlink. & There will be no ROI because the value of the tokens won't be increasing.

THE ABSOLUTE STATE OF LINKIES NOT KNOWING SIMPLE INVESTMENT TERMINOLOGY.

Why can't the contract be settled using a different digital currency? One that people actually want? Getting paid in LINK and then being forced to sell that LINK creates unnecessary friction.

>Free link and ETH for everyone.
Only if you think you trust the nodes.

>Kaleido
Pic related.

Attached: kaleido decentralized btfo private fud.png (1160x920, 342K)

The node collateral has to be in Link. People won't choose nodes without collateral for high value contracts, or most contracts.
Also, does it matter if the payment to node operators is in BTC/ETH/Link/USD when the rate is the same? It won't be more expensive to pay in Link.

>"passive gains" isn't classified as a ROI dumbass. They would be dividends.
So the money you make from selling real estate is called "dividends", and isn't ROI?

Be more stupid, I dare you.

Because Chainlink is its own network.
Same basic reason you show the people at the airport gate a ticket with relevant information instead of a wad of cash or a bus ticket.

You guys don't understand how this will pan out because your IQ is too high. People don't give af about actual utility. Once they hear big dick companies playing around with chainlink in a bull market they will buy it aimlessly like in 2017. You'll see an insane valuation on hype. Stop thinking about whether LINK will ACTUALLY be used or not. That's the wrong question. Has any company actually used ETH or 0x? What about XRP or XLM? Drop down your IQ, you'll have less anxiety.

HOLY FUCK YOU ARE DUMB AS FUCK CUNT

Selling real estate is a ROI because you are selling the same thing that you bought which is your original "investment"

Selling link tokens you've earned from staking is the equivalent to dividends you fucking idiot.

You can't get more stupid than your post.

You've been posting since 2pm est, you must be one fat loser. It's almost been 4 hours, get a life incel

>Selling real estate is a ROI because you are selling the same thing that you bought which is your original "investment"
Thanks for admitting that you're retarded for saying "passive gains isn't classified as ROI".

When will linkies understand that oracles exist already? If LINK was some big revolution then you would see tons of companies trying to substitute it with Oraclize, right now, waiting for LINK. It's like cars vs horses. LINK may be cars and superior to horses, but nobody is even using the horses. So why would companies suddenly jump onto LINK? Prior to the release of the decentralized network we should have all these companies looking at alternate solutions but we have nobody. Because nobody is using crypto for this type of thing, it is all speculation. It costs 10 cents a LINK call, there is very little profit in oracles. It is not worth the ico price.

The whole thing is a meme larp psyop to take your money. Oracles are not worth 100m let alone the billions linkers are looking for. You already bought high. You should buy ETH instead for when it moves to PoS, people actually use that so you can make actual money. LINK is garbage and will become the new REQ.

fucking retard ive been posting since a few weeks ago

Its true though you dumbass fucking cunt. It's dividends.

Thanks for thinking selling real estate is dividends. No seriously, thanks for this.
ABSOLUTE STATE

>Its true though you dumbass fucking cunt.
So the money you make from real estate isn't ROI.
lmao

>Thanks for thinking selling real estate is dividends.
That's what you said though.

There are companies waiting for link but they're all "literally who" startups who will likely fail. Linkies got excited when confido chose link. How did that end up

>confido
Again, trying way to hard.

Okay fine, name one company using link we've actually heard of. Go ahead, I will wait. The people supposedly using link are shitcoins not even in the top 500 of coinmarketcap. How about a single fortune 500 company? Oh, there isn't one

Why would companies use oraclize when there are some pretty blatant security flaws that go along with it? It is centralized. The fact that it is centralized has actually created issues in the past with some shitty dapps that use it. Why should financial institutions settle large contracts using smart contracts using data provided by a shaky source? Why should they be used for anything? Sergey has addressed this specifically in the past. The reason chainlink will succeed in winning their business and their trust is because it can be proven to be highly secure and reliable end to end. You can't say the same about oraclize

it would be easier to use the token as opposed to having a number of different nodes being payed out in different payments systems for the same contract.

Imagine sitting down at a poker table and instead of everyone having poker chips, one guy is playing using the Euro, Another AUD, and another guy is using physical silver to play. it will add necessary steps when you can simplify the process by having every single entity using poker chips, and then they can cash out the chips in whatever payment method works for them.

This FUD cannot be directly countered as this technology is still so young we have no project that we can truly point to as a succesful model for Utility tokens. Its apart of speculating on its valuation and every single person invested in LINK can make the educated gamble on it.

Show me where i said selling real estate is dividends. Literally quote me.
Yep this is bait.

You said passive gains aren't ROI but dividends, here: >"passive gains" isn't classified as a ROI dumbass. They would be dividends.

You either use a centralized oracle provider, and then you'd have to trust that company to not fuck with your data, and to be available all the time, and to never be hacked....or you just use a decentralized network of nodes, trustless, non hackable (sybil is fucked by the reputation system), tamperproof, that can provide decentralized computation (chainlink).

>10 cents a LINK call

Go to bed user, you are drunk and embarassing yourself.

By your own admission nobody even uses any of this shit, so just sell your ETH too.

You said i said selling real estate is dividends.
Literally quote me sweetie. Not something completely different which is still true. Unless you think selling a house is "passive gains"? In which case you are even more fucking stupid.

Regardless you are dumber than a nigger who got dropped as a niglet.

>Literally quote me sweetie.
I just did.
Once again: "passive gains" isn't classified as a ROI dumbass. They would be dividends."

>Unless you think selling a house is "passive gains"?
Buying land, waiting a few years, and then selling it for profit is "passive gains", yes.

>shitpost all day across 82 threads
>gets BTFO in everyone of them
>is a incel and upset when called on it

Lmao this shit writes itself

So poker chips will have extremely high value? I don't think so. A $5 chip is worth $5. It's not worth more because of more usage or limited supply, it's literally worth $5. Link tokens will share the same fate. No reason for them to be extremely expensive.
>muh decimals
Yeah, okay

QUOTE WHERE I SAID SELLING A FUCKING HOUSE IS A DIVIDEND YOU FUCKING DENSE CUNT

>Buying land, waiting a few years, and then selling it for profit is "passive gains", yes.
LMAO MY ASS OFF. FUCKING RETARD. GO BORROW YOUR MOTHERS DILDO IN HER BOTTOM DRAW AND FUCK YOURSELF THEN KILL YOURSELF WITH IT.

See

Which discord are you a part of?

>Inspects 82 threads and reads all comments to notice the based anti linker comments.

Dude you're as sad as me then because you would have invested the same amount of time reading all my comments. BTFO

You honestly had me going as someone who legitimately didn't understand this stuff until you posted this

It's an arbitrary number incel. You've probably made 100+ posts since 1pmq

Not even bait desu. You're just a fucking brain less piece of shit that your mother probably tried to abort with a coat hanger but fucked it up just like you fuck everything up. You know i'm right. Dont even bother replying to me.

>Dont even bother replying to me.
WHOOPS

Using "arbitrary" figures to back up your insults. LMAO THE ABSOLUTE STATE.

>incel cope the post

do you want to know what a vagina feels like? I'd be happy to describe it to you

But I don't stake my planet tickets as collateral for providing truthful information in hopes to turn a profit off of selling them later you retard

Good for you.

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False equivalency. I used poker chips as an example to show the utility they provide to a poker game, not because of any inherent value they possess.
Imagine a giant Casino. This Casino is huge and everyone who wants to gamble needs to go to this casino. Now imagine this Casino has only one denomination of poker chips, and they have a fixed supply. You cannot make more of these chips and you cannot create false copies of them. If there was a huge demand (IF!) for these chips, then the value of them will increase as more and more people wanted to gamble at this imaginary Casino.
A casino like this would be a much better representation of the Chainlink network. Your argument is flawed in that sense.

Even if i didnt know you'd probably just describe what the inside of your ass feels like, you fucking jew...even your ID checks out.

based

Plane* Elon hasn't brought us to the future yet

>you'd probably just describe what the inside of your ass feels like
looks a lot like projection to me