ChainLink is getting really close.

[Jaxx]

Wow Link is not stopping. I had to take some profit $15. Learned from past losses. Nothing goes straight up forever? Except maybe CHAINLINK!

[alb]

Whew. Whatta rush.
Page 19 https://t.co/A3Xh4m9o5a?amp=1
Notice the hexagons? coincidence ? I doubt it. Time will tell...that SWIFT roadmap is approaching fast.
SWIFT and derivatives will be the biggest catalyst.

DeFi has a short track record but it’s making money. When these smart contracts get audited and insured(through nexus)
Every freaking broker around will dump tons of capital into these protocols fielding 5-8% APR(for now)
Eventually 3-5% is supposedly sustainable, I have no idea, I’m just basically repeating projections.
Some wild liquidity pools are producing 600% yields. Incredible.
ChainLink is used by these protocols as it’s oracle. This is just 1 use case in for LINK in DeFi while in it’s infancy stage , it’s worth billions as a protocol.
With Aave, you can deposit LINK and gain small interest...you can also borrow 70% of its value in USDC or DAI in seconds. Do whatever you want with it, like buy more link , or add usdc to a liquidity pool and gain the fees generated.
Y Earn has opened a link vault where you’ll be able to store your link in there vault where fees accrued are compounded into more link and added to the vault which is basically a whale long
DeFi is here to stay and powered by ChainLink.
IMO DeFi the reason we’ve been gaining major traction this summer.

Ok I did the coinbase thing a year ago through my England bank as per your advice. Thanks for that.. But now I got no clue what you are saying about Aave, Y earn, fees accrued and vaults. I did put half my stuff into a coinbase vault recently although I have no idea what the difference is. So what I am supposed to do now in normal talk?

[tulah]

DocuSign!
T.Gonser is a Advisor on the Chainlink team.



https://www.artificiallawyer.com/202...n-with-clause/


At this rate I’m getting $100 vibes in 2021.

Hold tight gents.

[tulah]

Ok I did the coinbase thing a year ago through my England bank as per your advice. Thanks for that.. But now I got no clue what you are saying about Aave, Y earn, fees accrued and vaults. I did put half my stuff into a coinbase vault recently although I have no idea what the difference is. So what I am supposed to do now in normal talk?

Sorry I don’t frequent the site as often these days.

All the options I listed all come with risk.
Farming was good but has dwindled to tiny apy
Safest options are liquidity pools with ETH/USDT or ETH/USDC. You want USD as one of the pairs to minimize impermeable loss. Your hoping for ETH to gain value while it’s in the LP. if eth is $350 the pool splits your total amount invested between the 2 pairs in USD value. So if u got $10k it’s buying $5k worth of eth and $5 worth USDT. As long as ETH is above $350 you don’t lose any money. Above $350 you are making $.
I use uniswap but you can do bancor or balancer too. Bancor now offers single sided liquidity but I have not used it.

Today you can use Celsius network as your wallet and make 4.6% apy interest on your LINK.
It’s like aave but you need to get verified. Also NEXO too but I have not used it.
Pays out weekly. Im still waiting for a pc version. It’s only for mobile app today. It’s suppose to be released though. They’ve announced that a few times.

[tulah]

https://www.jpmorgan.com/onyx/liink.htm

Christine Moy is running this project for JPM.
She also has a working relationship on CanDID with Ari
https://www.arijuels.com/wp-content/uploads/2020/07/

Christine moy connected with Fan Zhang and Ari
>worked on CanDID together using DECO
>DECO owned by Chainlink
>Fan and Ari hired by Chainlink
>JP quorum acquired by Consensys
>Interbank Information Network run on quorum now called Liink operates by Christine Moy
>Liink needs CanDID
>DECO runs CanDID
>Chainlink is DECO

More pieces of the puzzle. More bullish news. Hold tight.

[tulah]

Identity system: CanDID leverages an oracle— specifically, either DECO [84] or Town Crier [83]—to port identities and credentials securely from existing web services. These services can be social media platforms, online bank accounts, e-mail accounts, etc. The oracles used by CanDID allow it to scrape websites in order to construct trustworthy credentials without providers needing to explicitly create DID-compatible credentials or even be aware of CanDID, easing the way for ecosystem bootstrapping.

[alb]

Sorry I don’t frequent the site as often these days.

All the options I listed all come with risk.
Farming was good but has dwindled to tiny apy
Safest options are liquidity pools with ETH/USDT or ETH/USDC. You want USD as one of the pairs to minimize impermeable loss. Your hoping for ETH to gain value while it’s in the LP. if eth is $350 the pool splits your total amount invested between the 2 pairs in USD value. So if u got $10k it’s buying $5k worth of eth and $5 worth USDT. As long as ETH is above $350 you don’t lose any money. Above $350 you are making $.
I use uniswap but you can do bancor or balancer too. Bancor now offers single sided liquidity but I have not used it.

Today you can use Celsius network as your wallet and make 4.6% apy interest on your LINK.
It’s like aave but you need to get verified. Also NEXO too but I have not used it.
Pays out weekly. Im still waiting for a pc version. It’s only for mobile app today. It’s suppose to be released though. They’ve announced that a few times.

Holy.....sorry I asked! haha Guess I'm doing nothing and I will just wait until you advise to sell. That making interest while it sits sounds good but I only have chainlink with coinbase (UK funded).

[ocballer]

Sold my bags a while back. Ughhhh. Tulah you see any other alts you like ? Alt season is coming and would like some heavy bags. Thanks

[tulah]

Sold my bags a while back. Ughhhh. Tulah you see any other alts you like ? Alt season is coming and would like some heavy bags. Thanks

DIP(etherisc) and UBT look interesting.

UBT and Baseline Protocol will be doing a demonstration for coke cola bottling company on December 10th.

[tulah]

Identity system: CanDID leverages an oracle— specifically, either DECO [84] or Town Crier [83]—to port identities and credentials securely from existing web services. These services can be social media platforms, online bank accounts, e-mail accounts, etc. The oracles used by CanDID allow it to scrape websites in order to construct trustworthy credentials without providers needing to explicitly create DID-compatible credentials or even be aware of CanDID, easing the way for ecosystem bootstrapping.

Some reading material for you guys.

https://www.weforum.org/agenda/2020/.../11/2020+14:30


Shaping up to be ginormous.

[tulah]

ETH 2.0 is a go for December 1st 2020.

I got a good feeling this will be a catalyst for LINK.
LINK Team members have said many features will not go live until ETH 2.0 has been launched.

Also the overall crypto market sentiment is way up this quarter.
The accumulation phase’s have ended.
Fireworks in the forecast. Hopefully you’ve accumulated some low cap bags .
Do not buy into green candles fellas.
In the last bull run many OG projects had a moon phase.
Look at the charts for the last 2 weeks.
If u want action, buy blue chips. This time around the infrastructure is in place and useful projects will see big gains.

Good luck gents!

[tulah]

This is from the World Economic Forum and coauthored by The ChainLink team.



http://www3.weforum.org/docs/WEF_Int...oject_2020.pdf


The 4th industrial revolution, The Great Reset , build back better. All relevant to ChainLink having a major role in the new economy. Chainlink is playing a big part of all of it.
Hold tight gents.

[tulah]

www.chainlinkhub.com

Great place to get more info on the project and packed with videos too if you don’t wanna read.

[tulah]

Xbox soon ?


https://www.uxsequence.io/news/how-c...king-together/

And

https://www.coindesk.com/microsoft-e...mpression=true


More from the World Economic Forum and Sergey Nazarov
https://www.weforum.org/agenda/2020/...c11bnUvgXRLM5c


2021 is shaping up to be very interesting.

[tulah]

https://github.com/microsoft/Reactor...implementation

More LINK/Microsoft crumbs.
Microsoft Reactors. Notice the hexagonal presence?

Scroll down to “below is a sample implementation “

Chainlink in multiple code sections.


So freaking bullish it’s insane!

[Jaxx]

SEC going after XRP. Getting delisted on coinbase. Some saying Link could be at risk? I don't listen to Zeus but I do listen to Chico Crypto. He does not think it is out of the realm being an ICO. Not trying to spread fud as I own. Just would like to hear your opinion!

[tulah]

SEC going after XRP. Getting delisted on coinbase. Some saying Link could be at risk? I don't listen to Zeus but I do listen to Chico Crypto. He does not think it is out of the realm being an ICO. Not trying to spread fud as I own. Just would like to hear your opinion!

Not worried at all.
Just the latest fud campaign among many.
IMO the ICO $ was secured at SIBOS 2016.
ICO sold out in a minute or two. US investors was not allowed.
Flew under the radar for 2 years longer because of organized fud.
Only group of folks that knew the potential was /biz/.
The team has never discussed monetary value, only use cases and LINK place in the system.
Also worth noting that Gemini has strict listings and they have LINK listed.
Again, I’m not concerned at all.

[MadJack]

Not worried at all.
Just the latest fud campaign among many.
IMO the ICO $ was secured at SIBOS 2016.
ICO sold out in a minute or two. US investors was not allowed.
Flew under the radar for 2 years longer because of organized fud.
Only group of folks that knew the potential was /biz/.
The team has never discussed monetary value, only use cases and LINK place in the system.
Also worth noting that Gemini has strict listings and they have LINK listed.
Again, I’m not concerned at all.

Sorry I missed this one and I had it pretty good at one time too. I'm happy with my bitcoin though. Bitcoin worked out even better but both would have been great.

[MadJack]

LEND too.

[tulah]

LEND too.

I held over 4M LEND at one point in 2018 for a year. Brutal.

[tulah]

Bullish!
https://www.occ.gov/news-issuances/n...cc-2021-2.html

From Forbes;
Today the OCC published Interpretive Letter 1174, which explains banks may use new technologies, including independent node verification networks (INVNs) and stablecoins, to perform bank-permissible functions, such as payment activities. Said simply, a bank may use stablecoins (cryptocurrencies designed to minimize the price volatility) to facilitate payment transactions for customers.

In doing so, a bank may issue stablecoins, exchange stablecoins for fiat currency, as well as validate, store, and record payments transactions by serving as a node on a blockchain (INVN).

The OCC’s guidance opens the possibilities that banks will use INVNs and stablecoins to transfer funds between financial institutions faster and without the need of a government intermediary.

[tulah]

Great start to 2021 for the market as a whole(not ripple) 🍻

If you’ve held this long, Congratulations
If you just found crypto, your still early.
LINK has $100 per token potential....much more once adoption spreads.
Implicit(standard staking) and explicit staking (node operating) still to come. 1 podcast from stake dot com interview in December said it was scheduled for q4 but looked like q1 to him
Staking video by Sergey yesterday. Optimism roll out on Jan 15 and offchain labs on final test network. Im thinking a working product with enterprise use this year...finally!

[tulah]

https://initc3org.medium.com/making-...d-231d9ffe3154
CanDID digital ID crumbs.

Chainlink has purchased both Deco and TownCrier from Ari Juels , Juels also participated in the CanDID whitepaper , also the chief scientist for chainlink labs .

Proof of concept with JP Morgan . Date TBA.

Not sure if you guys use YT. I follow Chico Crypto for a while now.
FWIW his research is pretty good. DTCC connection with Chainlink in this video.
Assblaster (aka Blythe masters of Digital Asset at the time) on /biz/ laid this out during 17-18.

https://youtu.be/vqGSGmnUE3Y

I did not think I can be anymore bullish but today, somehow I’m more bullish.

[tulah]

Whew. Whatta rush.
Page 19 https://t.co/A3Xh4m9o5a?amp=1
Notice the hexagons? coincidence ? I doubt it. Time will tell...that SWIFT roadmap is approaching fast.
SWIFT and derivatives will be the biggest catalyst.

DeFi has a short track record but it’s making money. When these smart contracts get audited and insured(through nexus)
Every freaking broker around will dump tons of capital into these protocols fielding 5-8% APR(for now)
Eventually 3-5% is supposedly sustainable, I have no idea, I’m just basically repeating projections.
Some wild liquidity pools are producing 600% yields. Incredible.
ChainLink is used by these protocols as it’s oracle. This is just 1 use case in for LINK in DeFi while in it’s infancy stage , it’s worth billions as a protocol.
With Aave, you can deposit LINK and gain small interest...you can also borrow 70% of its value in USDC or DAI in seconds. Do whatever you want with it, like buy more link , or add usdc to a liquidity pool and gain the fees generated.
Y Earn has opened a link vault where you’ll be able to store your link in there vault where fees accrued are compounded into more link and added to the vault which is basically a whale long
DeFi is here to stay and powered by ChainLink.
IMO DeFi the reason we’ve been gaining major traction this summer.

The recent OCC news allows for financial institutions to participate in DeFi.
The floodgates are about to open!

[tulah]

More support.
The banks are coming in due to
OCC decision for public blockchain and stable coins

https://mobile.twitter.com/USOCC/sta...25828072529924

A blob post from Brian Brooks of OCC

interest in Defi tokens have increased as well.

[Spud69]

Thanks Tulah.
Great reading. Still difficult concepts.
What are your favorite coins now?


Sent from my iPhone using Tapatalk Pro

[tcon142]

Hey Tulah, I'm late to the game on crypto, I remember back years ago when jack started the bitcoin thread, I was in and out reading but kicking myself today of course when I never pulled the trigger on anything. I did pick up a little sliver yesterday and reading up on etherum. Any suggestions to read or view that can bring me up to speed. May have to take some time and go back through the threads.

Have a hard time grasping the whole concept of blockchain and the mining process and what is solid and what's not. Any info you can point me to is appreciated.

The sliver of bitcoin I picked up was through my paypal account, never know I could buy through there. it seems like there is a spread in there too, not sure if that's the fee to buy and if you pay when you buy and/or sell and if that's normal. More questions than answers but anything you can suggest would be helpful. Thanks man

Knowledge is power!

[tulah]

More support.
The banks are coming in due to
OCC decision for public blockchain and stable coins

https://mobile.twitter.com/USOCC/sta...25828072529924

A blob post from Brian Brooks of OCC

interest in Defi tokens have increased as well.

1st to join the party. Anchorage digital bank.

https://medium.com/anchorage/introdu...k-7f9b9b4e0fd5

[tulah]

Thanks Tulah.
Great reading. Still difficult concepts.
What are your favorite coins now?


Sent from my iPhone using Tapatalk Pro

LINK is my primary holding. Over 95% of my crypto portfolio
Medium bag of UBT Unibright and ETH
And also ALBT alliance blockchain (ties to World Economic Forum)
Very small holdings DIP decentralized insurance protocol
And LCX (ties to World Economic Forum)

[tulah]

Hey Tulah, I'm late to the game on crypto, I remember back years ago when jack started the bitcoin thread, I was in and out reading but kicking myself today of course when I never pulled the trigger on anything. I did pick up a little sliver yesterday and reading up on etherum. Any suggestions to read or view that can bring me up to speed. May have to take some time and go back through the threads.

Have a hard time grasping the whole concept of blockchain and the mining process and what is solid and what's not. Any info you can point me to is appreciated.

The sliver of bitcoin I picked up was through my paypal account, never know I could buy through there. it seems like there is a spread in there too, not sure if that's the fee to buy and if you pay when you buy and/or sell and if that's normal. More questions than answers but anything you can suggest would be helpful. Thanks man

Knowledge is power!

This is a long read. Start here.

https://smartcontentpublication.medium.com/

technical yet easy to understand.



BTC is $ and a store of value. Other Projects attempting to be $ are litecoin, XLM , ripple, verge , among many

ETH is a platform to tokenize and create smart contracts on private or enterprise use of blockchain
Also being recognized as $ because you can actively trade 1000’s of crypto vs ETH

Currently many other platforms are attempting to challenge ETH
Like polkadot, cardano , Cosmos, EOS , NEO, among many.

LINK brings current world data to your blockchain through a decentralized oracle
The article will explain in detail