How do you price in hundreds of thousands of potential new users and investors who will suddenly become aware of Chainlink at SIBOS?
Parker King
To be fair, you have to have a very high IQ to be a chainlink investor. The hints are extrenely subtle, and without a solid grasp of the banking system most of the hints will go over a typical newfags head. There’s also Sergies optimistic outlook, which is deftly woven into his characterisation- his personal philosophy draws heavily from satoshi nakamoto's literature, for instance. The investors understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realise its not just brilliant- is can change peoplea LIVES. As a consequence people who dislike chainlink truly ARE idiots- of course they wouldn’t appreciate, for instance, the humour in sergies existential catchphrase “See you at SIBOS” which itself is a cryptic reference to the international banking conference. I’m smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as the chainlink development team's genius wit unfolds itself on their binance trading screens. What fools.. how I pity them.
Julian Robinson
>"LINK is only doing a demo at SIBOS because they won a little contest bro!"
And yet LINK is the ONLY ONE doing a live demo. Why? Because SWIFT NEEEEDS smart contracts to complete its blockchain initiative.
You see; SWIFT's premier overarching blockchain project basically consists of two things: 1) Hyperledger (already rolling out) 2) smart contracts
Source: swift.com/node/39911 (this is a PDF download of an official SWIFT doc. If you don't trust my link, google "Information paper Distributed Ledgers, Smart Contracts, Business Standards and ISO 20022")
Chainlink is by far the closest SWIFT is to a smart contract solution, for three reasons:
- Chainlink is very low-threshold for banks - Chainlink has been in the making for four years, it is not simply shat out or replicated - SWIFT is under increasing pressure to adopt blockchain tech
You better catch the vibe here, anons. Things are about to get very real.
Connor Murphy
OP btfo
Dylan Harris
>"We don't know if the demo will be successful or exciting bro!"
It's a fucking demo. It'll be like clicking through an installation wizard.
And of course it's not going to look exciting, it's a fintech presentation. Ever watch a basic presentation on derivatives? Boring as all fuck, but derivatives are still one of the single greatest money-making machines in existence.
Hudson Jackson
Look again, muchacho.
Asher Green
>"Ripple is going to bury SWIFT/LINK, bro!"
LINK has nothing at all to do with the feud between SWIFT and Ripple. LINK can perfectly coexist with either, both, or none.
Just like LINK is perfectly viable in a fiat world as it is in an all-crypto world.
Brandon Smith
The better Ripple does the more SWIFT will work to implement chainlink desu.
Hudson Harris
Pretty much.
And the pressure on SWIFT to adopt blockchain tech isn't just coming from Ripple. For isntance: coindesk.com/barclays-joins-cls-blockchain-consortium-search-swift-alternative/ These are major finance companies that are (sort of) distancing themselves from SWIFT to explore blockchain solutions because they feel SWIFT isn't adapting to the blockchain quickly enough.
Nolan Butler
...
Samuel Turner
Anybody selling at SIBOS is literally retarded. The devs have stated there will be news coming out at or shortly after the conference including "well known" investors in the project.
Cameron Watson
LINK and Ripple aren't actually competing against each other, but there's still a lot of fun to be had.
Grayson Johnson
I don't understand this
The moment I was finished reading the whitepaper I thought "damn.. this has some sick potential"
And then a place in sibos
I invested big after these 2 facts
But people call this shitcoin
Carter Kelly
If it hits $2.11 at SIBOS, I'm selling it no matter what you biztards tell me
Gabriel Peterson
>supporting the jew banker coin
Nolan Powell
back to your containment board
Christian Myers
It's connection to Swift makes it a threat to Ripple. Which has actual paid shills.
That and the fact that most people who wanted to get into the public sale didn't created a lot of salt. This would have been shilled ten times as hard if everyone who wanted to get into the public sale did.
Logan Nelson
>(((SWIFT))) >(((SIBIOS)))
Christian Cook
It's probably almost purely FUDing from people who want to keep the price down while they accumulate (or keep it down so that they can wait for the right time to buy), and to a much lesser degree, people who are unfortunate enough to not be able to put two and two together. It extends beyond Veeky Forums, too; because of its initial popularity over here, people in other places (reddit, youtube) thought that this was a scam shitcoin. Reddit has its own Chainlink subreddit now, so that probably does help somewhat.
Oliver Howard
It's a middleman at best. Ripple is (((Their))) coin. Fucking Bernanke is talking at Swell.
Oliver Lopez
Think it's more people trying to capitalise on selling before the big dip and buying back in before the news. If the dip doesn't come before the 16th I'm probabaly just going to hold. Only other things I've held from beginning are ETH at 2 USD and OMG at 36k sats
Aaron Lee
LINK is at its core a peer-to-peer contract solution that can easily cut out middlemen like banks.
It just so happens to be the perfect plug&play blockchain and smart contract add-on for banks.
Literally best of both worlds.
John Rogers
>making excuses for (((BankCoin))) >"A-at least it's not Ripple..." >"I-it could cut out the bank middleman if it wanted to..." What the fuck does that even mean? Banks are target customers here and the only reason this coin might even have value. How are they in any way just a "middleman"?
Jonathan Green
It means it's a peer-to-peer contract solution.
If you wanted to set up a contract/agreement with a number of other individuals (like a loan or insurance), you would need a trusted middleman to act as arbiter; like a bank or notary.
With mainstream smart contracts, you don't have to trust anyone as the contract clauses are automatically executed. And because the proof is in the blockchain, it's there for all to see and no refutation is possible.
Logan Rodriguez
Because literally all it does is allow businesses to use smart contracts without changing their infrastructure.
That's it. The token is just for paying node operators that validate information.
Nicholas Diaz
lol implying banks with ever fucking use a "token"
William Campbell
any one knows what's SWIFT's value I dollars?
Samuel Nguyen
They could just as easily give the fiat equivalent to the node operator who then procures them in their place.
There are millions of ways to do this, but the tokens are instrumental to the network.
Nolan Price
When is this SWIFT ICO? How do I sign up for the whitelist? Spoon-feed me, please.
Luke Garcia
LINK is the crypto that's doing development work for SWIFT. They're doing a live demo at SWIFT's SIBOS conference on Oct. 16th.
Landon Gray
>jews are traditionally wealthy >doesn't back something they support
m8 I've been a /pol/ faggot since pre-zimmerman, you gotta leave that shit at the door here. money is money
Brody Adams
The only reason this coin even has value is because of SWIFT lol. You are delusional if you think it would be anything without them
Robert Scott
They're the first actual solution to mainstream smart contracts, with pretty much a working product. This isn't some hopeful mumbo jumbo either, go take a look at their whitepaper and who co-wrote it. The only peer-reviewed whitepaper in all of crypto, I might add.
The above alone puts it firmly above 99% of all altcoins out there.
Asher Mitchell
underrated
Jaxson Roberts
Why does it keep dropping though.
Joshua Kelly
my favorite pasta
Ayden Parker
So that I can get another €5k into Coinbase and buy more sweet LINKs before it shoots up to the moon, of course. Thanks, based Sergey.
Lucas Cox
Pretty much all altcoins are. People are trying to get as much money into BTC as possible to benefit from the Bitcoin Gold hardfork on October 25th.
It's a trap though. Suppose the airdropped Bitcoin Gold they receive is 10% of Bitcoin (i.e. $ 400-500); chances are they won't be able to sell their Bitcoin Gold and get their money out of Bitcoin before the inevitable post-fork crash exceeds 10% and it was all for nothing.
Tyler Cox
I dunno user, what do you think will happen next?
Joshua Parker
There is 0 relationship between these short term selloffs and the long term price.
Hunter Baker
Bitcoin Gold won't be 10% though, it'll likely be like $10 or $20.
Noobs gonna noob. Whales will probably dump on them a day or two before the actual fork.
Noah Cook
because retards want short term profits, they can't see the potential in this coin, it could be the #3 coin in the market within a year
Isaac Scott
As a newfag here, do you guys usually have threads were you watch these boring ass presentations or...?
Isaac Bailey
>jew Except it's decentralized, which kikes hate.
Ryan Russell
But muh Bitcoin fork! You gotta sell all your alts at a loss now so you don't miss the bitgold goy!
Adam Cook
Regardless if it has any effect on ChainLink at all but Wall Street is coming with the money machine and going to pour trillions into this market next year according to researchers.
We will be talking trillion dollar cap Bitcoin by this time next year.
Who knows where the other coins will be.
Carter Evans
This. I'm in at 8800 says. This hurts
Angel Price
On the 16th this board will be unusable Imagine /v/ when they announced red for super smash Brothers.
Luis Garcia
...
Brayden Turner
and then buy back cheap alts.
Daniel Gomez
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA CANT BE HAPPENING CANT BE HAPPENING
Jackson Powell
And the fomo is starting to creep in
Julian Reyes
can't find this ChainLink. where do you buy it guys ?
Tyler Lee
Binance.
Michael Richardson
>zimmerman Those were the best days, definitely the height of /pol/
Logan Perry
To be fair, you have to have a very high IQ to be a chainlink investor. The hints are extrenely subtle, and without a solid grasp of the banking system most of the hints will go over a typical newfags head. There’s also Sergies optimistic outlook, which is deftly woven into his characterisation- his personal philosophy draws heavily from satoshi nakamoto's literature, for instance. The investors understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realise its not just brilliant- is can change peoplea LIVES. As a consequence people who dislike chainlink truly ARE idiots- of course they wouldn’t appreciate, for instance, the humour in sergies existential catchphrase “See you at SIBOS” which itself is a cryptic reference to the international banking conference. I’m smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as the chainlink development team's genius wit unfolds itself on their binance trading screens. What fools.. how I pity them.
Julian Rogers
Hear hear.
Carson Adams
>bought at $0.44
WE ARE SUPPOSE TO BE AT $1 BY NOW. YOU LIED Veeky Forums