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.
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.
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.
Christian Nelson
How long though I have about one more year in me before I lose it completely
Julian Clark
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.
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
Joseph Ward
You are dumb Coinbase is Compound. As I said each company will have their own oracles providing data feeds so they profit from Chainlink's Oracle network, its brilliant all around.
Ayden Parker
Its called speculation. Based on past performance, currents events unfolding like today's news, and the future timeline I'm aware of a 33x is a conservative estimate honestly. Its my best educated guess breaking triple digits is possible once things are actually up and running.
Are you serious about that $100 prediction How confident are you because of it actually hit $100 that would be the greatest thing ever Id be a multi millionaire
Thomas Morgan
Idk why you are laughing Oracle software company, Microsoft, Salesforce, Swift and countless others will be doing the same soon enough. I won't have to even think about money by 2022. I barely do now I just live swining LINK and never selling my main stack.
Nolan Allen
If you become filthy rich, TO be honest it sounds like you'll just be a filthy rich alcoholic
Daniel Howard
I believe you, but i want to know your reasoning behind this. Also checkedd.
That’s fine with me I just want to move somewhere comfy I have a smokin hot cute feet goth waifu already just need a Michael Corleone stile compound in Lake Tahoe
Aaron Edwards
Absolutely, but definitely 18 months probably, and I'd have some sell orders at $35, $50, $70, $84 etc Its impossible to call the tops in parabolic trends. Always have a stack to swing and one you never touch. You can't just wait until $100 to sell, it might not hit that completely this cycle then goes back to $20 then on to $1000 etc. You HAVE to take some profit unless you really don't mind working and don't need the extra money then don't sell until 2025-2028 and have intergenerational wealth
That was a meme and likely someone just made a script bot to capture those digits its not hard. I think it will hit $1000 one day, basically guaranteed, but I can't give an accurate timelink based on what is known now.
Evan Wright
>smokin hot cute feet goth waifu Six words I thought I'd never read in that order kek. Good for you user, I'll be smiling when you make it.
Brody Gutierrez
timeline* lmao my hand just auto spells link
Hudson Lee
Lol can’t believe you’re falling for his fud.
Carson Wilson
My sell plan is as follows Sell 40,000 link at $100 for 4 million Keep my remaining 10,000 link staked If it hits $1000 gg I’ll sell for 10 million That’ll probably be enough desu
>coinbase makes chainlink obsolete in a move that was predicted for years >This is probably some of the most bullish news ??? there's literally zero reason to use a link node to get a coinbase price rather than coinbase directly. Once more exchanges add this capability, it's over.
Joshua Cooper
So you don't believe LINK will be a trillion dollar network?
Zachary Wright
If you don't get it you really need to read the Chainlink white paper to understand what an oracle does in combination with IOT, blockchains, and potentially AI. Corporations of infinite amounts of data for clients, customers, inventories, specs and so on so forth. They can attach that information the blockchains from various cloud services and then sell it essentially by creating their own oracles to do jobs in the Chainlink network. Again read previous posts its incredible, it both creates costs savings and new monetization streams. Anyone who doesn't participate will be at such a disadvantage they won't be able to compete.
James Foster
Hello, big corps. You can either get data straight from the source or add another middleman and potential point of failure into the mix.
I wonder what they will choose.
Luis Gonzalez
Its going to easily hit 5 digit total like BTC, I just have no idea the timeline as of right now. There isn't enough concrete information.
Nicholas Rodriguez
Is this good specifically for chainlink or bad
Owen Cook
You don't understand what Chainlink is, which is a decentralized oracle network. It adds all oracles to its services to create a decentralized enviroment. Coinbase will be included and the first business to monetize an API through it. Once more exchanges do this LINK will rocket in value. Its literally the opposite.
Isaiah Hughes
This is literally what it was intended for. Lol
Mason Diaz
>18652101 Its going to $1000, minimum, my dudes.
Benjamin Gonzalez
Its the singularity. Chainlink creates a feed positive feedback loop for all companies that make oracles that get included in the network to essentially sell their data, automate jobs, and profit from the passive stream.
Lucas Green
Yep, there's no space for middlemen at all. Chainlink and other oracle networks/companies too. All data is going to be signed directly by the source. The penalty for incorrect data is going to be enforced by courts - the signed data is going to be an undeniable proof.
In this scenario, chainlink is going to be worse than useless - it's going to make the security much worse, by adding an additional layer of middlemen that can fail. except everybody can get signed coinbase data without link, so why use link even if it's added as an option?
Jeremiah Harris
The one that adds more security and less points of failure through decentralized nature. You don't get it. Its not a middleman its a necessary component for corporations to monetize their data feeds in an automated way.
Levi Watson
Im 10 and what is this
Logan Hernandez
The opposite is true the decentralized nature allows for more security. An aggregation of price feeds is safer if one fails.
If coinbase fails, there's no data from coinbase and nothing can be done about it. Adding link changes nothing about it, but it adds the possibility of link nodes failing and costs more. Thus, there's no advantage. >An aggregation of price feeds is safer if one fails. signed data allows anyone to put up a data point on-chain. It's enough to offer a payment in eth for this. That's maximum possible decentralization.
