- Celer IS a working (right fucking now for real) example of a scaleable network that can allow the kind of throughput and obfuscation for widespread adoption of simple smart contracts - Celer made the decision within their trilemma to weight heavily in favor of needing large amounts of high asset value liquidity to function - The thing that will allow any on chain asset to be used as liquidity backing is a decentralized network to provide always on, reliable prices for those assets - Smart contracts can exist right now in the real world with the following: Access to data Access to scaling Access to traditional payment rails
Ever wonder why a blue chip project abandoned a guaranteed 30mm ico?
Because smart contracts can't exist without Celer and Celer can't exist without Chainlink and Chainlink will be the dominant value reserve asset for the network on which nearly all smart contracts run
>>Ever wonder why a blue chip project abandoned a guaranteed 30mm ico?
Which blue Chip did that?
Joseph Hill
They didn't "abandon their ICO" they sold millions of USD of equity to insider VCs, and will dump their tokens on you, marked up 1000x, at a time of their choosing. It'll be the singularity except you're not invited.
is this related to the tim gonso announcement? 1000 satoshis eoy
Ayden Evans
I don't watch this shit, I just read the Jow Forums response and buy more LINK. I have no fucking idea how LINK can even be worth something without its own blockchain but im gonna be so fucking rich :D
Elijah Roberts
thank you OP im a retard and cant understand things like this. really tho thanks man ill hold off killing myself for a couple more weeks haha
Hope your boipucci can handle green dildos Thanks for sharing Its a reasonable long term target Everyone here has the patience of a 14 year old Because they are The one with phds from princeton uiuc and mit behind it So youre saying they didnt abandon an ico They just said they were gonna do it Then didnt Then got magic money Cool Work on your life Money only makes you more you If you suck and get rich youre fucked
Jack Bennett
>So youre saying they didnt abandon an ico >They just said they were gonna do it >Then didnt >Then got magic money I'm saying they did a private equity sale to VCs for iirc 20m USD. How will those VCs get their money back? Probably by dumping tokens on you. Is that "magic" enough for you?
Ayden Walker
And btw they have announced their intention to do a token sale at some point in the future
Dylan Miller
Tell me more about where I can find celr tokens Have you been able to locate them on etherscan? Or buy them on decentralized exchanges? Please, tell me what you know Wise one
Noah Howard
>Tell me more about where I can find celr tokens They haven't been released yet. As per my post above.
Bentley Roberts
You seem very confident in that On what is your confidence based? Fact or pride?
Luis James
So how will they dump them on people who don't own them?
What blue chip project abandoned a 30mm ico? Celer? Someone aware me
Eli Campbell
Holy shit dude this board does not deserve your intellect. I stopped trying here a long time ago re: actual investment advice. Most anons here are fucking braindead and/or 15 year olds who even when spoonfed can't even comprehend and won't bother to try to. I just come here now and give sage wisdom to anons in need with personal life matters, and occasionally shit all over scam projects like LTO and 0xBTC for fun.
Elijah Cooper
when moon?
Luke Diaz
>On what is your confidence based? It's not a secret. Go check their tg. >So how will they dump them on people who don't own them? This question makes literally no sense, you have some misunderstanding about either the word dump or the mechanics of the process.
Zachary Wright
lol nice samefagging
Jordan Kelly
So you are basing your confidence on something said in a telegram group? Have you spoken with any VC groups listed as investors for Celer to confirm this? Do you generally base your life on hearing a rumor, trusting its authenticity and making financial decisions without looking at objective data?
Blake Robinson
The board is the sum of its contributors Im selling my business this year You can puss out Ill be here more
Liam Nguyen
>So you are basing your confidence on something said in a telegram group? Yes when the CEO makes a direct statement I tend to take that as a "hint" lol. >Have you spoken with any VC groups listed as investors for Celer to confirm this? This isn't "insider info", this is basic DD available to anyone who doesn't get literally all their investment advice from biz. How have you spent so much time watching videos but you haven't done basic research on how they are funded?
William Lewis
Time delay between meaningful information and price action is tied to the sophistication of the underlying investor base Crypto is still 90% dumb money Earliest for major price action is Q3 2019 after everything is spelled out in excruciating detail with multiple well-lit explainer videos from "crypto celebs" Realistically Q1 2020 The network will be more valuable on paper than IRL for a significant portion of 2019 When that happens all the anons asking about taking out a personal loan to buy link will have a logical basis to do so
Brayden Gonzalez
My opinion of you is that you are a person who likes to feel sure but doesn't put in the work If you were actually smart you would have taken the 5 minutes to do the following: Find the VC groups supposedly in celer Register a BS domain name that sounds like a family office or angel fund Email from that domain asking about the availability for an investment in Celer that one of your UHNWIs is seeking Learn the truth But you haven't done any of that And you are confident in your knowledge Do you think that is wise? Now?
Alexander Baker
OK I just watched the entire ducking series, which felt like sticking a fork in my eardrum listening to that chunk accent
1. Only the 3rd video is fucking relevant to OP’s point
2. Chainlink is mentioned NOWHERE in the explanation
3. For the on-chain currency that is used to back the off channel celer token locking, they use the example of ETH not fucking link
I hold link but OP is just blindly speculating. You fags look hard to see what you want and connect a million dots that aren’t fucking there.
Stop getting everyone’s hopes up and stfu
William Jones
Thank you for sharing your thoughts I would imagine you're able to command 20 maybe even 30 dollars an hour for that kind of wisdom Quick Q from those not as smart: how does Celer know the relative asset values between the liquidity auction asset and the supposed celr token?
Henry Powell
Fair enough, so there’s a very strong chance they’ll be using links oracle service to determine the differential. How does that imply they will be using link tokens as on-chain liquidity auction asset? Maybe maybe not, but in the example in the vid they used eth. That was your entire point, not that celer would be using the link oracle service, which we already knew given that they are partners
Alexander Allen
Don't know if you're serious or not but "ducks in a row" means getting your shit in order.
Xavier Taylor
Haha why are you getting so mad? Listen. Here's a real, no trickery, good-faith question for you: how is the celer project being funded right now?
Ryan Nelson
You sound like you might actually have the discipline to be smart Have you read Celer's whitepaper? They made the tradeoff in their network I mentioned above Using a SUPER rough estimate, how much "liquidity" do they need in their network to function Assume 0.1% of global derivatives action points and 0.1% of global insurance action points flow through their network
OK, enough for me tonight, I'm drunk and ready for bed. Expect more of me whether you like it or not. I'm going to make Jow Forums the GS of the 2020s
Leo Brown
They could use either link or eth for their liquidity requirements, in fact given links market cap eth would be a much better choice right now.
Blind speculation. That being said I’m still accumulating more link
Caleb Johnson
>how is the celer project being funded right now? >OK, enough for me tonight, I'm drunk and ready for bed Lol ok bro
Eli Lopez
If this is actually true, it at least wasn't Celer's initial plan. Celer didn't decide to start working with Chainlink until they saw projects being built with the two at EthSF.
Henry Hall
i guess this is the whole point of going to these conferences and marketing at them. teams find teams