A senior dev at Oracle, the #3 largest software company on earth valued at $150 Billion dollars with 400,000 unique customers, got up at CloudExpo in front of thousands of people and told the world that Oracle would be working closely with Chainlink over the next few months to develop custom oracles and endpoint adaptors for a lineup of no less than 50 startup companies all of whom are eager to start monetizing their API data via Oracle's Blockchain-as-a-Service offering, and the node operators are going to need to stake LINK and be paid in LINK, both of which they're going to need to buy off of exchanges.
But he didn't show a giant slide that said 'ORACLE X CHAINLINK' on it, so the price immediately tanked 20%.
also oracle is a shit has-been company that has fallen from grace to being a patent-trolling shell of itself.
Aaron Lee
Small pump and dump for the buy the rumor sell the news meme
However long term this is insanely good for link, the maturity of the link network, and hopefully for the pocket book of some of those startups, oracle, Fernando and his Indian friend, the chainlink team, and most importantly all of the great lads on Jow Forums
This is one of the best link announcements yet instead of random shitcoin X it will be random offchain data provider Z
And in the end we all win
Easton White
If you’re not literally selling your organs as fast as humanly possible right now to scoop as much sub $3 LINK as possible then I don’t know what to tell you Jow Forums
Nathan Brooks
I'm already leveraged the fuck in with a $40k personal loan and a $20k 401k loan. Average buy-in 50c, I'm up like $240k so far on initial. Peeling a little of my stack off every month now to pay back the principal. I'm not shaken by this price action, I'm in it to win it. But still, what the fuck is wrong with moonbois and with this market. It's so irrational it makes me want to puke sometimes.
Daniel Ross
There's nothing logical left in this world. But at least you see the true path, hold steady...and one day, once the final oracle question has a "final solution".. the LINK will rise again.
How do expect LINK to be viable in aiding smart contracts if one LINK is worth $1000? For the oracle network to be efficient it needs a lot of oracles. How do you expect that to scale if the cost increases exponentially?
Luke Murphy
it fell 14% from its newly established high
and a lot of people probably retired in the process of it all
John Martin
What are decimals
Nicholas Carter
I'd say we're less than 3 months from "take off" in that chart.
Dylan Harris
We found the retard in the room. Links are divisible, just like Bitcoin...
Kayden Nelson
Takeoff was mainnet/google you retard. We are in awareness already.
>We haven't even hit media attention yet You know if you're gonna scare the newfags into selling at least make it convincing, tranny
Jordan Williams
Sell the news.
Is this 2016 or something?
Why so many newfags
Eli Reyes
It doesn't. The token is worthless. ERC20s in general are all worthless.
Brody Flores
This Shadow forks are the real deal
Leo Robinson
That's not what I meant. What would keep someone who owns 0.001 link from handling the same amount of contracts as someone who owns 1000 links? I couldn't find an answer to that on their white paper. But it's obvious that the amount of tokens matter.
Julian Ross
Sell the news.
Tyler Barnes
>What would keep someone who owns 0.001 link from handling the same amount of contracts as someone who owns 1000 links? Because LINK is collateral and 0.001 of collateral is not the same as 1000? How is this hard to understand?
so if link kept dropping sats but gaining fiat value you'd be perfectly alright? why don't you just invest in btc then at that point? the point is to be outperforming btc
Adam Ross
people are going to fomo this shit so hard if it doesn't stop
Xavier Howard
the point is, in nearly a decade when one link is worth a tremendous amount and we're the global elite, bitcoin won't be very relevant anymore. i only care about link value.
>Because LINK is collateral Where did you get that from? The node operator will attach a penalty payment. It doesn't need to be link.
Zachary Sanders
“Eaten” you imbecile
Asher Sanders
lmao just lmao
absolute state of you
Oliver Bell
Why you think this?
Owen Gray
Because that is what's written in their document.
Noah Perry
I do not see any reference to use third party tokens
Wyatt Perry
I screencaped this from their website. Also I read somewhere in their site that at they plan on making link compatible with other tokens beside ethereum.
