COINBASE ORACLE Breakdown

This is probably some of the most bullish news I've have seen sometime. Its basically the move/event many of us have been waiting for, institutions/corporations to enter. A few things.

-Coinbase Oracle will likely be consumed by Chainlink. He means added to the network which gets paid out LINK for jobs, and holds LINK for collateral to do said jobs.

-Coinbase has a staking service available. They will likely add the function to Chainlink holdings soon, will be one of the first most likely. I'm sure Linkpool isn't far behind.

-They needed to create a monetization stream first to capture the profits, thus an oracle that provides their own price feeds. This will be insane for them as more people will buy rising the price, transfer and lock in on Coinbase, while lessening the circulating supply. The exchanges likely have a large supply of their own to start making passive income, Binance and Gemini as well.

-All corporations will have oracles of their own for each data feeds. It reduces costs for their own usage and will likely create a net positive for the ones they output.

-Welcome to the Singularity

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PLEASE
For the love of god we’ve waited so long I’m an insane alcoholic now I just want to make it already
Why are we still here
Just to suffer

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In essensce the Singularity is corporations created a technology that creates cost savings and a new profit stream for everyone involved.

AI and IOT, oracles, and blockchain will manage the system core.

-LINK is seriously overunity because its design creates an endless positive feedback loop as they will use the passive income to buy more LINK and so on and so forth.

81K by 2026 is probably real

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>Welcome to the Singularity

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You better start changing your ways now. I hope you never sell its going to reach unbelieveable levels value in a time frame that will feel impossible.

How long though
I have about one more year in me before I lose it completely

Idk your basis point but $100 is possible imo within 12-18 months. Probably closer to 18 months however LINK will go on a run first, retrace a lot and then BTC will go on its run 3-6 months into 2021 bringing up the rest of the market/alts.

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>Biggest crypto exchange chooses direct Chainlink competitor and releases competing product TODAY
>Linkers: This is bullish!

>institutions/corporations
>coinbase
lmffffffffffao

How can you people say things like this, it’s never correct, granted you can say link will go up but you yourself have no idea what the value and what timespan that entails. You are lying