Chainlink spoonfeed thread

Not a lot of quality crumbs or content lately
If you're new I'll answer any chainlink question the best I can meme free

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market.link/metrics
deseret.com/1997/6/29/19320793/lump-sum-pays-more-than-gradual-investment
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why is it yellow

N

Old image from years back
Thanks

Why does the token have value?

It is required to use the services of the chainlink network
You can look at that in terms of a few valuation frameworks:
- Proportional ownership of the marginal value capture for chainlink
- X number of instances of high quality data/api calls
- Y portion of collateral required for the passive income streams intrinsic to running a chainlink node (deco, vrf, arbitrum etc)

why do you constantly lie that enterprises will adopt this?

Enterprises will only adopt this when a few things happen:
- The system works flawlessly with their existing backends
- Scaling allows for millions of contract executions per hour and thousands of contract posts per day at efficient costs
- Legal and regulatory status of smart contracts is clear

They're all in process, think baseline for first, arbitrum for second and accord/openlaw for last

Are the rumors that Sergey has had multiple one to one meetings with Chris Kempczinski true?

ok why on earth would banks and retail payments use link, they already have private fully functioning, secure, efficient systems in place. Do you think a public weather feed is comparable to the payment industry?

lol
Not an insider so I dont know but if sergey wants to talk to someone he has plenty of connections to make it happen

Banks wouldn't use an oracle network to make payments, they would use it to
trigger payments
ensure funds were available
check collateralization levels
provide one way obfuscation to critical data needed to determine payment status
etc.

Is 81k achievable? According to the assblaster

then what is the timeline for that

Good thread user. I don't have the energy to spoonfeed but it's nice that someone does, for the newfags.

What a load of horseshit.

Stop OP, every time I think about how much I’m going to make it’s still ways off and I still have to wage. Either my stack isn’t big enough (953) or it’s the timeframe that just puts me into depression.

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Is there a place/link where I can track the number of daily transactions done by the chainlink network?

Most bullish valuation metric would be internet of value
Remember Sergey wanted a protocol token
Internet value 24tn
Internet of value/1000000000 = ?

I dont know
Remember that enterprises will adopt after a lot of other smaller entities
Which may become the next amazons or ubers because of their early adoption
Hey thanks
No
Link has far greater upside than BTC and it's 10 bucks
Look back on your statement in 5 years and realize how profoundly stupid it is

What, if any, is the significance of chainlinks tech demo at baseline protocol conference a few days ago?

Gotta do better than this user
market.link/metrics

Here's a fun little spoonfeed for those keeping up:

Re: new tsigs research:
"This will be useful for Arbitrum Channels where there’s a named set of validators that need to produce a signature, but will not be used directly in the Arbitrum Rollup protocol (although apps building on the Rollup may very well use it)."

Named set of validators is AnyTrust...

When is a good buy point within the next couple of weeks? I put my life savings into LINK. Only have a few grand I can spend to complete my make it stack.

why is flare so much better than chainlink's dogshit solution?
how many linkers do you think will kill themselves EOY when flare blows up and absorbs everything chainlink has tried to do?

Honestly not a ton intrinsically, but the fact that rollups are in security audits and anytrust is basically being actively worked on is big for getting enterprise volumes ready
Market timing is for stupid people who believe in magic
deseret.com/1997/6/29/19320793/lump-sum-pays-more-than-gradual-investment

Owen Benjamin on YouTube has the best history of predicting link movement imo
Tldw is currently 8/9 dollars is probably a very good chance lowest it will go currently but as time goes by that number steadily goes up so don’t wait too long for a dip if you definitely plan on buying more, according to his analysis.

Can you please provide a detailed technical argument to back this up?

kek let's see it schizo

Hey good to see you back. I was commenting on your thread in August before we broke $10, had a 6.5k stack, didn’t buy any until we came back down to the $10 area but I’m at 8.6k now with 10k in sight!

As for question, what’s the arbitrum timeline looking like? I figure if that’s the gamechanger it’s made out to be, this will be the last decent time to accumulate.

i mean, ikyk
i guess you fags just weren't meant to make it

>t. doesn't know

>he doesn't know about psd2

What's a reasonable price to expect 5 years from now?

Cheap cop out. Neck yourself nigger

Always happy to be here
Looks like the same timeline for mainnet ironiclly:
Coding for rollups done
Mired in security audits with groups that aren't half as smart as chainlink...Serg wasn't joking when he said he'd spent 7 figures on security audits

Might as well get anytrust ready in the meantime
I'd guess that when arbitrum goes live on mainnet and a few big names port their dapps we'll see a big step up that won't come down

Thanks so much for your insight, I for one am certainly moved and will sell every of my chainlinkings

PSD2 might be what we think it is, it might just be GPI

Between 15 and 15000 USD

Thanks fren.

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Why did we pump to $20 a while ago?