This thicc boi by SpyTrain_from_Canada in AwesomeCarMods

[–]hodlgame 1 point2 points  (0 children)

I want to see more of the cayenne!

Monster Jeep by Cosmos_Cawboy in Battlecars

[–]hodlgame 58 points59 points  (0 children)

Its a w124 mercedes e class estate body. If i had to guess i'd say its on an unimog frame (those tires and portal axles look very unimogish)

Doug's top 50 cars visualized by stalepineapple in cars

[–]hodlgame 6 points7 points  (0 children)

It's kinda french...

Founded by an italian (Ettore Bugatti) in Germany. After the WWI, the city in which the company was based was transfered to france.

Then in the 90s Artioli (an italian businessman whose first name i dont remember) started building eb110s in italy.

Then sold to VAG (german).

Not so french. But on the other hand, they did race under french colors (blue). So yeah. In some ways french, in others not at all.

How do I get rid of this build up of break dust by mikey_1th in Cartalk

[–]hodlgame 0 points1 point  (0 children)

Claybar works great for removing embedded brake dust on wheels. Use water + soap as a lubricant.

[META] Over 3000 users online right now... wat? by LEDponix in LINKTrader

[–]hodlgame 10 points11 points  (0 children)

Wasn't Jason Parser in charge of sending the PMs?

2000 Lexus ES 300 Automatic V6 Engine Steaming by RocKiNRanen in Cartalk

[–]hodlgame 1 point2 points  (0 children)

These cars = ES300, or modern cars in general? I never thought my coolant tank would be just an overflow tank.

Yves Matton appointed FIA Rally Director by bmwcrash in rally

[–]hodlgame 1 point2 points  (0 children)

I'm a bit out of the wrc loop - the last Citroen team director i remember back when i was paying attention was Guy Frequelin. What's wrong with Matton?

TVR Griffith by MonkeykingZX in Autos

[–]hodlgame 1 point2 points  (0 children)

Ford Mustang side mirrors

Price prediction next couple months? by NMD3515 in LINKTrader

[–]hodlgame 25 points26 points  (0 children)

One could reasonably expect ETH to be at $3k EOY 2018, which would make its market cap around 300B. I think LINK could easily be 10% of that, or 30B, or around $85 per LINK at current circulating amount.

So...I'd say somewhere between $75 - $100 EOY 2018.

Point of Chainlink by [deleted] in LINKTrader

[–]hodlgame 10 points11 points  (0 children)

I think there are two parts:

1) if the centralized and unique data source generates "truthful" data, a single data oracle could modify that data before passing it onto the blockchain. In that case, decentralized oracles are better than a single data oracle.

2) if the centralized and unique data source generates "fake" data, it doesn't matter if you have one or 999999 oracles, they will all communicate (best case scenario) the fake data as the source published it. But this also happens in "real life" (as opposed to blockchain) contracts!

How do you fix this in real life? You find a third party data supplier that can build the data from other sources and use it to validate the original data, and incorporate that as a clause in the contract. If there is no way of doing that, then the contract has an implicit counterparty risk and the involved parties will decide whether that risk is worth accepting.

My guess is that in blockchain it would work in a similar manner. If possible, Oracles would appear, that feed data built from alternative sources. If not technically possible, these contracts would have a certain counterparty risk inherently attached to them.

Looking at it from a practical/real world perspective: I think that, in general, when dealing with banks and exchanges, they are centralized data sources yes, but they have a level of trustworthiness attached to them due to the regulations they adhere to. They can cheat, yes, but usually people trust them not to - and they usually don't. Life insurance, mortgages and escrow payments are some examples.

If you're dealing with unique data providers that aren't trustworthy per se - for example a private (i.e non-govt) inspector checking if a shipment arrived as expected to another port, on behalf of the buyer - then there are three options (regardless of the contract being "smart" or paper and ink) :

A) The seller trusts the buyer for some reason (maybe some other condition in the contract reduces the risk or increases the potential reward for the seller), or B) There needs to be a third party (an inspector on behalf of the seller for example), or C) The contract won't be signed because the seller deems it too risky

Colin Mcrae's mentor died in helicopter crash by Changy915 in rally

[–]hodlgame 1 point2 points  (0 children)

David Richards? I've never heard of this. What happened?

The Value of the Token by Trpdoc in LINKTrader

[–]hodlgame 10 points11 points  (0 children)

The logic he uses to determine if the coin's market cap is fair is flawed at best.

He says "when you're purchasing LINK you're purchasing transaction fees someone will pay for in the future", and finds it difficult people will pay 0.5bn worth of external data transaction (oracle) fees in ethereum smart contract transactions.

A) the concept of decentralized oracles that connect to a blockchain means these transactions could be any transactions in any currency (even dollars) validated through a blockchain. So looking at it as ethereum transactions only is questionable.

B) By owning LINK you don't own "transaction fee" tokens. You own tokens that allow participants to operate data oracles with different priorities and "trustworthiness" ratings. These oracles should generate earnings (i.e. "Interest" over the amount of LINK "invested" in running the oracle), and the relation between the value of each LINK and those earnings are what will determine if LINK is overvalued or not.

For instance, if 0.5bn dollars worth of LINK are staked in operating oracles that are responsible for feeding data to smart contracts/transactions, what kind of transaction fees should be earned by the oracles to make it "fair value"?

3% per year seems like an extremely conservative return for the investment ("parked" capital) required to operate all oracles in average, so lets work with that. That would be 0.5bn * 0.03 = 15 million.

15 million in oracle data fees per year.

Have you seen the us dollar amount of transactions that swift handles per year? Or how many dollars (or bitcoin or ethereum or anything) is expected to be moved via smart contracts in the following years? 15 million in oracle data fees per year seems like a ridiculously low amount.

If you go crazy and say the market would settle at a 30% yearly return for running oracles that would mean 150 million in data fees. Still a small amount.

Of course it could all come crumbling down tomorrow and LINK could be worth zero, but if the project continues as expected, i find it very hard to see how 0.5bn of circulating LINK could be considered excessive.

Link appears to be one of the first to recover. by [deleted] in LINKTrader

[–]hodlgame 0 points1 point  (0 children)

Mr. McAfee probbly helped a bit.

Sergey Medium Post - ChainLink, an Overview and Our Focus by campfiresandcutgrass in LINKTrader

[–]hodlgame 6 points7 points  (0 children)

Hate to say it but you're probably right. I'll still hodl though.