Serious discussion.
We all know oracles will be the new miners if chainlink succeeds, but if chainlink will be used by banks for smartcontracts and becomes the new industry standard. (4th industry revolution blablabla). Wouldnt the "miners" have almost complete control? Especially when fucking biz owns a lot of the circ. coins.
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This is the idea. Jow Forums will rule the world.
Biz owns less than 7% of the circulating supply.
Paretto's Law is very much as aspect within Chainlink HODLERS and its not mentioned much. The top 100% accounts own slightly more than 84% of the total supply.
Look here: etherscan.io
In fact, when one glances at the numbers, we see than 84.65% of total supply is owned by the top 100 accounts. Within the top 500 accounts, it's quite evident that a large percentage of this token is slowly accumulated and held.
I would think given the real life demographics of Chainlink Holders, a large majority of the top accounts [barring team/advisors/early investors] are early node partners, VCs (I personally know a few), banks, and developers.
When looking at the patterns for how LINK is held among top accounts, it reminds me of the early days of Ethereum HODLers. These people are in it for the long-haul and plan to capitalize on the growth of a new network in just the way early Bitcoin adopters acquired a large portion of the token during its network infancy.
You know psyops being conducted isnt too farfetched. Jews wouldnt us to have this power.
biz has like 100 guys owning link. you can check this in most link marines threads all over time. most don't even that much. you guys make it sound way more than it has.
we are just very vocal.
What about the 650m tokens sergey has. Is it meant for banks and stuff that will use chainlink services as a mean to reward the nodes.
Banks, partners, investors, and strategic long-term partners.
These guys are playing the long-game.
a lot of that is also for the company itself.
With long-term vesting schedules to incentize continued development on the chainlink network.
Jow Forums could in fact rule the world. Imagine if Jow Forums owned the token fueling the 4th Industrial Revolution and smart contract adoption.
Buying up at these prices so early would potentially produce an outcome where the outcome of a wealthy biz is the outcome.
And for this very reason, a psyop campaign deterring Jow Forums from buying LINK would make plausible sense.
And that's why they will buy link from us for 1000$ each.
It is possible but they will break a lot of holders with the waiting game. I expect 1000 usd over 5 years or more. But i can hold that long. Just think of btc.
Deluded.
Link will be out paced by a real Oracle solution by then. A team more normie friendly too
Btw Sergey has a big stack to cut deals with institutional investors. There is absolutely no chance they are gonna market buy on am exchange.
Meaning your singularity pump will never happen.
Sorry to pop your delusion bubble
There was a study forecasting that in 5 years there may be as many of half as many smart contracts in existence as there are websites published online.
If LINK is a tool bridging not only off-chain data into the smart contracts (which today should be worth on the scale of $50 Billion as a valuation of its network presently).
But as Chainlink grows and gains more market share in sync with the market dominance of smart contracts... I leave the reader to run the numbers of how big this project could get.
does Anyone of you linkies want to make a smartcontract to give me a million when you have enough for your own? i own link but don’t have enough to make it probably, sharelink that’s How the lord Sergey preaches it
I found this from a post earlier:
well, think of it like this.
Someone is into crypto and they hear about Jow Forums. They already have their portfolio into things they believe are great tech, like NANO or Vechain. They visit the threads about those coins and see people talking about how crypto needs instant transactions, RFID technology to bring physical objects onto the blockchain and they seemed even more enamored with their investments.
Then they keep seeing this blue cube as they refresh their page. First they just ignore it. Eventually they keep seeing all these threads about this blue cube and finally they decide to see what the hype is about and they click on the thread and view it.
Its filled with people spamming ridiculous memes, no talk in sight about the technology aspect of the platform, and people just replying ridiculous things like "1k EOY check these digits."
Now, it would actually be very very dumb for someone to see that and not instantly think "Wow, these people are retarded." So its only logical for them to come up with the conclusion that LINK investors are a cult and the community is cancer. But what they missed was months and months before this stage where the technicals were talked about constantly, the ideas went through a social Darwinism, and people argued and eventually agreed about smart contracts needing a network of decentralized oracles in order to properly facilitate large scale transactions.
They are just viewing that stage where LINK investors are bored out of their minds, spamming shit the pass the time, and FUDding for fun because they already went through the trouble of explaining everything about it. And to a person viewing just that aspect of it, we seem like absolutely crazy fucking schizos.
I believe in oracles and smart contract, but not convinced banks would go for a decentralized oracle. Cant yet believe that they would have thousands of important data be reviewed by linkies. Just seen a video of barclays promoting smartcontracts on corda but centralized.
If a bank is creating a smart contract in form of a interest bond payement with another bankw why wouldnt those 2 banks confirm the smart contract by them self?
I will only buy this shit when they can bring some of those big bank and industry come to use this shitty ass tech. Otherwise it just another gud ideal but overhyped coins
just look at the pivotal dummy. link will be extremely normie friendly. you will be able to run nodes, provide jobs and perform those tasks very easily.
>The top 100% accounts own slightly more than 84% of the total supply.
>top 100%
Underrated topkek
OP,
To put it very simply:
The reason why Chainlink has faced a large amount of memes, shitpost, fud and the like is because behind the smell of some of what would be seen as a vile representation of man in polite society, is a gift of genius find within a platform where we are one within the hivemind.
Jow Forums has a representation for finding the next big thing, and that is Chainlink.
It has been inspected, vetted, and researched from many angles.
I'm going all in.
We're onto something special.
I agree. No one gets rich easily. The fud, shitposting etc is our wall. If we ignore and keep holding we will make it. With Link I make or I dont. Dont care if link short term does 2x while other coins go 10x in the end. Perseverance.
Unironically believe 100x or more.
Which would be life-changing for nearly all of us.
Addendum: they won't check the github, see the commits, specific use cases being tested & simply the fact that it isn't vaporware. Yep, psyop. Sadly it'll be pretty ineffective, I'm happy to just keep accumulating it for the next 5 years+ personally. Too much larping from faggots claiming to do a x100000000 every week makes people impatient, the fact that people think having to hold for a few years to become a billionaire is too hard is just brainlet city.
deluded
They should feel very lucky to have the opportunity to buy in now and hodl for a few years for the chance, the offchance that chainlink revolutionizes both businesses and the blockchain world.
I'm hodlin' my linkies near and dear in case LINK takes off. I can only imagine the excitement of biz on that day when it comes.
Why do they need to be normie friendly? So that we can see Twitter hype pumps? This team is very industry friendly, and that's all I really give a fuck about. Of course they are going to sell those 650M to large organizations. That's fine. That's what is going to get the adoption going. Are you this retarded or are you just trying to fud?
I doubt we have even a few months before LINK explodes in value. The team has been very good on staying ahead of schedule. Their partners want to get this show off the ground.
plus psd2 goes in effect 2018
Clueless post, you don't get it at all.
Node operators wouldn't be able to see the data of the smart contract, what goes through their oracle is supposed to be encrypted
OP... it's not going to succeed.
It's time to stop. It's an ERC20 token. There's no production. It's a dead meme forced by Jow Forums.
It's time to stop.
Jow Forums willed Bitcoin, Trump, and Ethereum.
I've never seen anything meme'd the way Chainlink has been. If the memes and constant attention alone are to judge, we may be discussing the very next "it" thing to hit the world stage.
Expand your mind, user. It's a new world.
The platform isn't as big as it once was and biz isn't as big either.
If you're going to get behind a project, don't get behind one that is destined to fail.
Don't feel offended, the vast majority of coins are going to fail in the longrun. You're just so happening to choose one that is almost certainly going to fail.
You'll be in the screencap
He certainly will be in the screencap as an user and IRL a wagecuck who once had the chance to invest in the next Ethereum at a mere pence and fucked up his chance at life. Pity.
Then what is your moonshot coin your holding ? TRX ?
Anyone doing a lot of effort to fud LINK is a bullish sign in my eyes. You are probably holding link or wanting to accumulate low, only sensible option.
He loaded up on these prices and wanted to mislead people who want to escape a life of wagecuckery.
What an asshole
Mainnet will be around September
Jow Forums did nothing of the above
talk about being deluded
kekistan virgins
if anything, Jow Forums makes people gay and/or becoming traps
Real posting hours.
Source? That has never been confirmed
I'm, in disbelief at the fact that there are still only 22k wallets.
$1000 eOY
Just mined 100k Chainlink.
THIS YOU FAGGOT
BELIEVE IN THE POWER OF AUTIST
Didn't you see my earlier post here's a closer look. You might say
"oh user fag kys that was last year next to the toilets".
>Connect the dots...
>DYOR Faggot
>Flush yourself
hxxps://www.sibos.com/about-sibos/sibos-2018-sydney
I have not and never will hold LINK.
We're moving into the stage of crypto where working products are going to be the coins that succeed in the end.
Don't be fooled by the highcap meme and thinking it won't meme.
If you're investing into a mid-to-late stage project in terms of development and it's top 30 you're going to be amazed when this market is well over a trillion dollars.
We're going to see a shitcoin apocalypse. The SEC has claimed that every ICO they've examined are considered securities. Securities that they didn't register as such.
Most ICO's are what? ERC-20. Do you really want to have your almighty "BLOCKCHAIN AGNOSTIC" project to fail to even scale on the Ethereum platform? We both know Sergey didn't register as a security, either.
If you're primarily in LINK I feel genuinely sad for you. This isn't to be insulting or "FUD."
It may pump in price when the market turns primarily bullish again, but the project will never really come to fruition. There are technological barriers that simply cannot be met under their current circumstances.
When that day comes, use by financial institutes 100% confirmed; Link will jump to $10 each in a matter of minutes.