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re: Official CryptoTalk Thread
Posted on 4/15/21 at 1:36 pm to JayDeerTay84
Posted on 4/15/21 at 1:36 pm to JayDeerTay84
quote:
Right now, Link doesnt exist without ETH.
Been 3.5 years now and you all still don’t get it
2
Posted on 4/15/21 at 1:43 pm to CE Tiger
quote:
Been 3.5 years now and you all still don’t get it
Get what?
I am not saying Chainlink is bad, but it will never outpace ETH in the long run. Ever.
Chainlink is just an oracle. Its not new. Its not revolutionary. Chainlink is middle-ware.
Sure, it will make some money, but its middle-ware at the most basic level.
This post was edited on 4/15/21 at 1:44 pm
Posted on 4/15/21 at 2:01 pm to JayDeerTay84
quote:
Get what?
quote:
Chainlink is just an oracle. Its not new. Its not revolutionary. Chainlink is middle-ware.
It’s more than a price feed. Off chain computations, dynamic NFTs, threshold signatures, proof of reserve... the list goes on and on
Posted on 4/15/21 at 2:06 pm to CE Tiger
I've read a lot of different Crypto sub-reddits where people dislike certain crypto over others. I can't honestly tell where the money is fixing to go so I decided to spread out the alts over the ones that seem to have some kind of backing interest or community support.
I like both Eth and Link
I like both Eth and Link
Posted on 4/15/21 at 2:06 pm to LSUJuice
quote:
I have a lot of link and like the technology potential for it. But my FUD kicks in and tells me the best technology/ products aren't necessarily the ones that will have the most valuable tokens. Just curious about your thoughts on that.
Metcalfe's Law
Posted on 4/15/21 at 2:09 pm to CE Tiger
quote:
It’s more than a price feed. Off chain computations, dynamic NFTs, threshold signatures, proof of reserve... the list goes on and on
Chainlink's Fair Sequencing Services will be a big one to counter MEV problems.
Posted on 4/15/21 at 2:09 pm to CE Tiger
quote:
Off chain computations
AM I off base in my belief that off chain computations will, over time, decrease as more is built "on-chain"...
Isn't this the point of blockchain? Build on the chain?
Posted on 4/15/21 at 2:12 pm to JayDeerTay84
What is going on with DOGE?? Why is it going so high this week?
Posted on 4/15/21 at 2:14 pm to CE Tiger
quote:
Been 3.5 years now and you all still don’t get
pretty sure I get it and... that's why I'm skeptical of the valuation.
Posted on 4/15/21 at 2:14 pm to WhodatLSU95
quote:
What is going on with DOGE??
who the hell knows. it's pumping again and it's the best performing crypto so far ytd lol
Posted on 4/15/21 at 2:21 pm to rocket31
maybe they'll have a billionaire market cap instead of a coinmarketcap website in the future, where it shows doge holders moving up the rankings
Posted on 4/15/21 at 2:31 pm to rocket31
quote:
then can someone explain why ADA uses Wolfram alpha (not a crypto) for their oracle?
I'm not sure I know the answer to this, except to say that LINK is expensive compared to BAND and other oracles, but you get what you pay for most of the time. A lot of defi LPs that got exploited was due to not using LINK.
Also, ADA is hardly a standard.
This post was edited on 4/15/21 at 2:32 pm
Posted on 4/15/21 at 2:38 pm to TigerBite
yea but Oracles are also partly human and it's not like chainlink hasn't had errors as the xag/usd was wrong for over 6 hours last year and they had to pay out thousands in damages
with that said, not many switched to band after this so who knows
also I'm even more skeptical of ada so do not take my words for some type of endorsements there
with that said, not many switched to band after this so who knows
also I'm even more skeptical of ada so do not take my words for some type of endorsements there
This post was edited on 4/15/21 at 2:44 pm
Posted on 4/15/21 at 2:43 pm to bayoubengals88
Posted on 4/15/21 at 2:54 pm to DVinBR
Posted on 4/15/21 at 2:59 pm to DVinBR
quote:Hey! Glad you are still checking in.
DVinBR
Posted on 4/15/21 at 3:04 pm to WhodatLSU95
quote:
What is going on with DOGE?? Why is it going so high this week?
I dk man but I converted some sports bet winnings to Doge just for fun several months ago and I’ve made over $3k off of it... I’m holding this shite, it seems completely illogical but if it actually takes off and becomes legit then wow I’m going to look smart
Posted on 4/15/21 at 3:06 pm to TigerTatorTots
own any dogecoin? if not you are missing out on that trip to the moon!
Posted on 4/15/21 at 3:07 pm to Tiger1242
quote:What do you mean? It has already taken off...it is the 8th largest coin out of thousands in existence
if it actually takes off and becomes legit
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