No-Linkies ONLY

You also need link for shart contracts between toilets

>Link is just transaction fees.
But user, Chainlink is an entire decentralized network that wouldn't exist without the token incentives.

Nice try, but saying "Link is just transaction fees" is the same thing as saying "Link is just an erc20 token".
It's bullshit, worded slightly differently.

the network doesn't need the token. a competitor with better marketing will surpass link. it's an erc20 token. banks will provide all the data themselves. sergey's a libertarian socialist who doesn't care about money and failed with his earlier projects. vitalik said it's overvalued. the circulation supply is too big and they will distribute 2/3 more.

Kek what competitor? You fucking nolinkers are pulling theoretical scenarios out your asses again

DYOR, good luck user

Actually it's vitalik who is libertarian commie... also, nice pasta pajeet faggot

>the network doesn't need the token
Yes it does you fucking faggot.

>comparing demigod Vitalik to some random russian and a retard just out of college

Just swallow your pride and admit this time you got scammed OP, you just got lucky with eth.

OP was asking for fud and i came up with some. what's the problem here. fud getting into you?

I think I saw an ICO for some oracle marketplace a while ago, not sure if it was decentralized though but it did have a reputation system of sorts.

The competitors they are probably talking about are probably ETP or Aeternity. Both of which are not purely oracles. Aside from the fact that they do not have working oracles right now, these oracles will only work for their own blockchain.

LINK works with Ethereum, Bitcoin, and Hyperledger blockchains.

socialist=commie, DYOR on social systems, burger

You fucking inbred. Socialism is the path of construction towards Communism.

Get hit by a car. No ambulance please. I'll just die here. Im not a filthy socialist.

keywords: cooperative society, government

>the network doesn't need the token
Then tell us how you would incentivize this network.

Nice word salad of weak ass arguments

Is Link below ico price currently?

It is double ICO price.
What does it tell you that fudders lie about that?

2x ICO price in the middle of bitcoin fork bullshit kek. hmmm i wonder what will happen once the bear market for alts ends.

this network already exists, chainlink itself isn't bringing any new data to existence, it's a middleware. there's no need to incentivize.

This middleware is a network that consists of nodes; the more nodes the more network.
So how would you incentivize these nodes in order to maintain and grow the network?

are nolinkers really this stupid?

what is the new data that has to be brought into the network of nodes? who are the people providing this new useful data? i understand your point of view guys and i'm not arguing with you, but i'm not sure if you understand mine. you believe it's useful to decentralize centralized data, i don't. we all invest in what we believe. no worries guys

>what is the new data that has to be brought into the network of nodes?
What do you mean "new data", are you this clueless about what Chainlink does?

Chainlink allows for mainstream data to be used with blockchains, with the goal of implementing smart contracts based on mainstream data.
Before Chainlink (and the blockchain), mainstream smart contracts were always a theory.

>you believe it's useful to decentralize centralized data, I don't
1) it's also about decentralized data, like collating interest rates from different banks; or processing very different data within the same network to allow for complex transactions that would be impossible if every party used their own centralized oracle
2) even with centralized data in simple transactions, having a number of oracles perform the same computations at least rules out flaws in the oracle phase

just letting everyone know this is me fudding. im invested in link. just came up with some stupid fud and people got mad. i recommend everyone to DYOR on chainlink so you can get comfy and not so insecure about your own investments like these guys on this thread

> we live rent free in your head

its not like ETH is just gas for the network. kek

>Link is just transaction fees
no

>what is the new data that has to be brought into the network of nodes? who are the people providing this new useful data? i understand your point of view guys and i'm not arguing with you, but i'm not sure if you understand mine. you believe it's useful to decentralize centralized data, i don't. we all invest in what we believe. no worries guys

this!
linktards call anyone stupid but they cant answer these simple questions

what fucking data are we talking about?
why does it have to be decentralized?
how does link make it trustless... when in reality now you just have 10 centralized data sources instead of one?

none of this shit makes any sense whatsoever
and even if it DID make sense, they would still have to get the entire banking industry on board and it would take YEARS and a huge team to pull it off

this shit aint habbening and link is going nowhere
if you want banking gains youre better off just betting on XRP

The network would be fine, you just pay operators in eth. The token is just another erc20 shit coin it is nothing special

But the value and supply of ETH has nothing to do with the Chainlink network.
Staking for instance would make zero sense.

Link is the perfect use case for why tokens even exist.

Kek so what happens when hyperledger becomes the dominant smart contract platform along with ChainLink as the dominant decentralized oracle?

Ethereum's price would plummet despite ChainLink's network being a success. The ChainLink node operators receiving payment in ETH are fucked. This is why the token must be tied to the ChainLink network itself.

If eth price goes down they can charge more eth for their service

The point is the price of ETH could go down for a million reasons that have nothing to do with Chainlink or Smartcontract the company.
With the token, at least every bit of use you make of the Link token helps support the value of that token.
And that's just one of the many reasons for using a token.

Look up why tokens exist in the first place.

> Vitalik is a deluded autistic 19 year old
They ain't wrong about that

>2017
>eth is at 308$
>Money skeleton is now a demigod
>Go back to 2015 in a time machine
>Vitalik was a deluded autistic 19 year old that created a shitcoin

Yeah, LINK is going to the moon. FUD like this just assures me even more that heavy accumulation is taking place.

Lol before they say LINK is no way like ETH. Remember that LINK is the only crypto right now aside from BTC and ETH that is a first mover with a general use case.

KEK Confido even confirmed their use case. How much longer till other projects start using ChainLink

That isn't a good enough reason to create a token. This is the problem with erc20 shit coins and why none of them have long term hold value (other than Walton and omg)

>That isn't a good enough reason to create a token.
Except it is, and it isn't the only reason. Like I said.
Look up why tokens exist in the first place, then come back with your concerns.

Because right now you're questioning the very existence of tokens, and pretty much ETH.

My stack is 50% LINK, 25% BTC and 25% ETH

I just accumulate more each month

Saves a lot of stress

You must be crazy to want to hold this shitcoin LINK. Everyone knows that the next coin to pump to the heavens is Metaverse ETP.

Get your shit right. Get rich and don't stay poor.

>t. pajeet with 50 bucks invested in ETP

t. Increasingly nervous linkie

its strange, i can tell from the text alone that he is a pajeet :^ )

You must be crazy to want to hold this shitcoin ETP. Everyone knows that the next coin to pump to the heavens is Metaverse ETP.

Get your shit right. Get rich and don't stay poor.

Sell now linkies

Never

...

...

...

At this point I don't care if it drops to zero.
I'm not even going to consider selling as long as LITERALLY the only reason to sell is bad price movements.
Only way I'm selling is if something fundamental changes.

Same reason I wouldn't sell a new boat simply because there's a storm every time I take it out to sea.

Kek be praised, praise him.

>7799

It was hilarious how all the linkies came out of the woodwork yesterday to brag about their 1 cent bounce after a tremendous JUST'ing and now even that's taken away from them.

>I'm not selling my LINK until its $190
Man, this is not possible, at least not in many, many years. We have a circulating supply of 350M. We would need a market cap of over $66 billion to reach such price. That is more than double of current ETH market cap.

And if they release all the total tokens? That's 1 billion circulating supply. We would need $190 billion market cap. More than total crypto market cap.

It is just deluded. And I'm holding LINK.

Best case scenario is $25 each imo. That puts it around ripples market cap, but that is still highly unlikely.

It's pretty accurate. But he is also a coding master.

I'd say, if they really deliver partnerships and stuff, $7-10 by the end of 2018.

This year would be nuts if they can at least get in the $0.6-1 range by december.

Why do you think BTCs price exploded this year?

Because of ETH and ICOs. What you have to understand is that if Link lives up to its connections and pedigree Crypto will have serious institutional and business money flowing into it.

Link would be able to hit 100B cap easy because the whole market cap on Crypto will have gone 10X. Link has the potential to make crypto totally mainstream. The only thing is if it can deliver.

...

Request will also use Chainlink.
It's way below Ico price now though.
Who knows if and when will the Devs deliver

>Man, this is not possible, at least not in many, many years. We have a circulating supply of 350M. We would need a market cap of over $66 billion to reach such price. That is more than double of current ETH market cap.

He doesn't understand LINK's true potential. It's literally bigger than ETH, friend. Literally bigger than ETH.

Source on Request using it?

Lucky quads confirm.

It's in the whitepaper

Yeah, there’s really no way to tell. I think it could be stuck at .20 for the rest of the year(unlikely), or it could get to $5-10 by early 2018(also unlikely) if they are a key part of the hyper ledger project that is now confirmed happening with five banks, some of whom link demoed with. I am excited by this project and had a relatively cheap entry point, so I don’t think I’ll sell until mid 2018 at the earliest.

Supercomputes on every city?? No say it ain't so...

Tanking like an anvil on our heads

>hello what are Bitcoin fork and other alts pls raep my faec

>master