/biz/ - Business & Finance

>>54558130
>>54557398
"Chainlink has no product"
>price feeds
>OCR
>VRF
>Automation
>POR
Soon...
>DECO
>CCIP
>Functions
>AI Guardrails

PiNKy boys BTFO

>>25367942
PNK is designed by actual developers.
'nuff said.

So, I pooled together with some friends back in 2017 and got 200k from an ICO buyin. Cost almost my entire stack back then. I actually believed in the product, if Swift was working hand in hand in them, as they so strongly implied, it must be something great.
Since then I've been doing thousands of memes for Chainlink and Sergey and got a lot of people to buy in
I felt like an absolute genius when my networth neared 4 million dollars is August.

I recently made friends with a developer who knew about chainlink from the start and told me the reason I don't understand the whitepaper isn't that I'm stupid, the reason is that its only purpose is to deceive the technologically retarded (like, I admit, I am).

He told me medianizers have near 0 developer costs, and quoted Bitmex as example that have been doing price estimations just fine for a billion dollar business without any price oracle. He told me it takes a few minutes on top of an already existing project to take the price from the top n exchanges, ditch the value of the m highest and lowest prices, and average the rest. Which is all that Chainlink ever promised to do, just in a way that results in WAY slower and less accurate results.


I am absolutely conflicted. I feel like people have just started to realize how much the project lacks any strong technological foundations, due to the project only gaining widespread knowledge recently, and this is why we're seeing the biggest dump in the project's history.

I am sure selling half of my stack for a milly if we see $10 again, but also thinking about selling it all, at latest when it reaches $5, so I still get a million out of it.


What do you guys think? Are you still going to hold on? Should I keep 10k just in case they somehow create something of value now that they have this insane capital?

>>22569510
>no real world use case
sorry fren, but you're way too low iq.
nobody will ever actually use chainlink for anything other than marketing purposes. not a single deveoper with anything of value under his belt has ever talked about it in a positive context.

building your own medianizer often takes less effort than using chainlink. take price from N sources, e.g. top n exchanges, ditch the m lowest and highest prices, and avg the rest.

sergey just didn't understand the problem. he can't understand the problems that developments actually face, because he can't code for shit. he's a philosophy major and his only ever contribution to chainlink was updating readme.md.

his only achievment worth mentioning is writing a whitepaper that's obscure enough to fool the tech illiterate and the low iq. you seem to be part of both groups so have fun losing all your imagined gains when high-profile people actually meet him, realize he has nothing to offer beside scamming retards and start to disassociate themselves from him.

>>22540515
>>22540423
w-we are not retarded for not selling the top! memetokens with nill long term potential will go just as far as BTC and ETH!!

>>22423923
>LINK and PNK
lesaege is a foolish heretic nerd. he's a fucking developer. completely unable to comprehend the grestness of those contributions and how they put chainlink so far above all conceivable oracle solutions

>>22168762
umm bros what the fuck is this

>>22168796
all those years talking about
>never selling
and
>iron hands

were to prepare you (low iq, tech illiterate retards) for these days, so those who actually knew link has no fundamental prospects, could dump their multimillion ico stacks at $18-20 without you retards catching on in time and holding this scamtoken back $0.20

>>22027875
>he doesn't know that there are dozens of projects solving the oracle problem on ethereum alone, that were actually designed by tech-literate people not some random philosophy major

Today I will remind them that CL is a scam, confirmed by the CIO of Kleros.

Reminder that Kleros CIO, literally BTFO LINK in message.

Do not invest in LINK, the CIO of a respected project has confirmed there is no working product.

Reminder that one of the most respected and tenured professional in the crypto space blew the fuck out of chainlink.

Reminder one of the most respected figures in the blockchain and crypto community BTFO of Chainlink and Sergey.

uhh guys... why is it mooning there no product...

uhhh guys...

>>17456221
>trust me bro. just 10 years bro. give me all that money and in 10 years i'll have a working product! only plan to dump a few billions on you until that. i know what i'm doing i'm a not a tech illiterate philosophy major!!

>>17439749
the funny thing about link is, even if those tech illiterate founders somehow did make their idea work, they're only providing data, and they're providing it without ID verification. it's impossible to determine who is using the data you gave them and how. only 1 entity will have to pay fees and distribute it freely and boom.
there's absolutely 0 utility for the token even if the whitepaper wasn't gibberish gimmick without the slighest hint of a strong technological foundation.

biggest bubble in crypto

time to accept that we were all scammed and find a /biz/ coin that's not a blatant scam
i say either BTC or ETH, and let's just stick to it.

>>17419811
>>17419831


IS THIS TRUE
IS LINK REALLY JUST A SCAM UNDER THE SURFACE THE SHILLS AND ALL THE MEMES?
ARE ELITE DEVELOPERS REALLY REJECTING THE WHITEPAPER AND SAYING IT'S NONSENSE, AND ONLY PEOPLE WITH NON-TECH BACKGROUNDS PARISE IT?
WAS THE WHITEPAPER REALLY JUST MADE SUPER OBSCURE ON PURPOSE BY A PHILOSOPHY MAJOR WITH NO UNDERSTANDING OF TECHNOLOGY IN ORDER TO FOOL PEOPLE WHO CAN'T UNDERSTAND SHIT ABOUT SOFTWARE DEVELOPMENT???

What are the biggest scams that have ever been shilled on /biz/?
pic unrelated

>>17231870
stop trying to wash link together with BTC or ETH
link is still a scamcoin that'll never have fundamental value even shit like PNK has better actual base