In case you're still unsure about the importance of mainstream smart contracts, here's a report by Capgemini Consulting (one of Europe's biggest management consulting companies): febelfin.be/sites/default/files/InDepth/smart-contracts.pd_.pdf (or google "Smart Contracts in Financial Services: Getting from Hype to Reality")
Smartcontract.com (=Chainlink) and Sergey Nazarov are mentioned by name multiple times as the only providers of smart contracts that can use external data.
>Sometimes, external inputs such as prices, performance, or other real-world data may be required to process a transaction, and oracle services help smart contracts with inputs such as these.
Chainlink (Smartcontract.com) is the only player in the entire report that is associated with oracles.
Oliver Jones
shhhh let them sell us their bags user
Joshua Gonzalez
The Gartner research paper stated that Sergey already has lined up top tier data providers ready to go to provide data to the ChainLink ecosystem.
Owen Hughes
Here's an excerpt from the report talking about the need for smart contract solutions to have low-threshold integration, to save on costs: >Smart contracts need to be integrated with the industry’s existing systems, raising significant questions about the effort involved and the investment that will be required. >Thomas Hardjono, CTO at MIT Connection Science, believes that it is a key cost component that needs to be factored in early on. >“When a company, a big bank or a big company is trying to bring in new technology, this integration is a cost item”
Chainlink (Smartcontract.com) is VERY low-threshold for industry players, as it's basically a plug&play add-on thanks to its decentralized network.
Isaiah Collins
TOP TIER O P
TIER I E R
Mason Kelly
Link is
s
Joshua Ross
It wasn't my words. It is literally word for word how the research writer wrote to describe the data providers. Go read it yourself.
Samuel Lee
u
Evan James
delet
Benjamin Young
Please delet i need to accumulate still
Carson White
Yeah no shit Chainlink is going to be huge.
It will partner with all smart contract platforms (eth, neo, qtum, ubiq, lisk etc)
I'd say it is probably one of the best long term potentials right now. Who cares what it is dipping at right now if it is gonna be huge down the road, buy the fucking dip
Jackson Jenkins
Is reddit also all in like us or they missed it?
Jacob Ward
Damn. Nice. Although it's obviously true
Zachary James
please explain the accumulate meme
why didn't you buy a 30k sats ? why now ? for how long ? why are you not just going all in now ?
Levi Gutierrez
At first they were being their usual idiotic self, still clinging to OMG and the old guard like ETH and BTC. Firmly investing their egos in whatever they know and trust, so they view promising newcomers like LINK with distrust and derision.
Not sure if things have changed by now.
Brayden Martin
>there are people on this board RIGHT NOW who believe ChainLink won't be used by the institutions Feels so good to be balls deep on this
Blake Powell
I can only put like $50-130 a week into crypto. i'm still accumulating pls
Gabriel Robinson
There's a "what alts should I buy" thread that has a few LINK mentions but nothing comprehensive and nothing enthusiastic.
They'll figure it out in a week or two.
Levi Allen
GODLY RUMOR
Brayden Sanchez
I went balls deep on the 7500sat dip yesterday. Feels good. 20k LINK rdy.
It is actually funny how people rather invest in generic shitcoins all over instead of taking the time and assessing the big potential here, only to FOMO in near the top and panic selling at the first dip.
2x is a 100% safe bet in the next weeks 3x is still very conservative evaluation 5x until december is expected 10x would be a bit unrealistic but not out of reach in a 6 month time frame
Holy fuck this nigger was not lying about Capgemini being fucking massive.
Camden Rodriguez
>5x EOY nice memes
Logan Green
Not a rumor. Some dude from Slack acquired that 500 dollar research paper and it stated Sergey has had these bitches lined up since 2016.
Gabriel Scott
Capgemini Consulting is a massive consulting operation; and the parent company Capgemini is "one of the world's largest IT consulting, outsourcing and professional services companies".
It's not just a consulting giant, it's also an IT giant. So a topic like smart contracts is right up their alley.
Joshua Howard
i am all in i need time to get more money to put into LINK
Noah Carter
>"not a rumor" >rumoring without evidence solid
Camden Miller
Yet LINK still lies dying in the gutter
Dominic Diaz
then buy it
Ethan Diaz
Stay poor though
Colton Stewart
... at more than 3x ICO, while still on a beautifully stepped uptrend.
Julian Johnson
>Coin up 3x since 2 weeks, already corrected down from 4x. >"Lies down in the gutter"
Classic biztard.
Levi Brown
That's a nice pdf.
Tyler James
And in case you REALLY aren't sure just how big smart contracts are; here's SWIFT talking about two major pillars of fintech: 1) distributed ledgers 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")
John Peterson
wellp i will drop another 500€ today
Carter White
this will reach $700 mil MC by the end of november screencap this cunts.
William Williams
Not everyone has $50,000 lying around in savings they can afford to throw into crypto. Some people take longer to accumulate because they rely on weekly paychecks to fund their investments.
basically poor wagecucks can't afford to go balls deep in LINK because of wagecuck shit like bills
Nathan Hernandez
Very first line of that SWIFT document: >Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers.
Nicely outlines the two main pillars: DLT and Smart Contracts.
Elijah Jenkins
That's it. I'm going all in
Nathaniel Russell
>tfw 100 link
FUUUUUCK SIBOS IS IN 5 DAYS I WONT MAKE IT IN TIME AAAAAAAAAAAAAAAAAA
Austin Gutierrez
You know a wage isn't paid all at the beginning of the year, don't you?
Jacob Brown
Thanks for the article, I'm glad I went all in. Looks like it was the smartest decision in my life
Gabriel Evans
We're all gonna make it bro.
Jackson Moore
Lmao, just found out that I have access to Gartner research through my university. I can confirm that the screenshot is from a Gartner report.
Kevin Edwards
Nice.
Jacob Foster
I'm deeply jealous of people with 400k+ Link.
Owen Parker
I'm afraid that ripple might have something new too though. their market is already more established even if chainlink has a wider spectrum of use cases
Isaac Stewart
Everyone already know ChainLink will be huge enough already
Owen Wilson
I'm thinking about selling my other holdings and go full yolo on link before sibos. Pretty much set on it, just don't know how much time I have left until the price pumps pre-sibos. Any idea?
Bentley Ross
When the babbies get their asses to them by this shit coin, remember the one who will rule them all.
Eli Brown
tfw only 5k link :(
Noah Lee
I also work at a university and found this trolling through Gartner research. This article is directly based off a Gartner article published 04 May 2017.
LINK is entirely outside of the feud between SWIFT and Ripple.
LINK can perfectly coexist with either, both, or neither.
Mason Adams
Anyone have a pdf of the Gartner document? My uni does not have access and it's $500
Jaxon Smith
Can someone explain me by which mechanism Chainlink tokens will be distributed to node operators? Who pays them and how? Not fudding, I'm all in on LINK myself.
Carter Baker
how can you be so sure?
Smartcontracts are not mainstream yet, possibly in less than 3 years is when we will see the most movement from this LINK but its gonna be massive
Daniel Hall
Things could develop a LOT faster though.
Austin Gray
They could if we meme it hard enough
Noah Watson
theres 350m tokens for node rewards i think according to the whitepaper, not sure if there are tx fees added as well
James Long
So its like the bitcoin mining, they get paid for every piece of data they provide?
And then the node operators sell them and then what?
They would be bought by the general public. So how do they get back into a position to be paid to the data providers again?
I have 8.5k link so i need to know
Connor Jones
Huh?
Then what?
Adam Watson
Okay I found out how it works from the white paper.
Basically whoever is running the smart contract buys the LINK off the open market and then pays it to the data feed operator.
They do this continuously and most likely automatically.
David Gray
My high school crush works in that company
Grayson Brooks
>I'm afraid that ripple might have something new too though.
No they don't, if they had they would've announced it by now. Hosting your own sad little event right next to SIBOS, on the same fucking day screams desperation. It's a last resort strategy, they're TRYING to steal attention from the big boys.
Ayden King
Considering selling my ARK and OMG to go all in on LINK. The former aren't doing shit and those skateboard photos leave a bad taste in my mouth.
Levi Miller
Definitely sell OMG to go into LINK. I'm not as sure about ARK -- likely also undervalued at this point, though not to the same degree. There's something to be said for spreading your bets at least a little bit though