/biz/ - Business & Finance

>>27134128
Reasons why Link will fail

1. Zero customers, zero need. No one is going to pay for information to be inserted into a smart contract. That's what an oracle is supposed to do. The problem is a x100 calls costs a x100 times whatever Link charges. If you have to make thousands of calls, that's hundreds of dollars in Link tokens. If I were a dev, it would be much simpler to just make my own call to whatever data I needed.

2. Zero development, all marketing. Link has hired shills, link started on biz and Sergey himself got the inspiration to post, network with and contact people on biz. That's why begging is not allowed on biz, because after link a lot of other tokens tried to copy them. There's a lot of disingenuous shills saying that Link was only made for business cases and biz was never supposed to discover it. Quite the opposite, it was made first as a marketing token.

3. Deceitful. The Link team lies continuously; they'll attend a conference (SIBOS) and say they're partnered with Swift which is a banking protocol that handles these bank conferences, implying that they're going to handle data for big banks. They contacted the Google dev to make an offical blogpost and thus said that they're "partnered" when in fact, it's just a mention. They stretch the truth.

4. Zero transparency. Link raised 32 million in it's ICO. Since then, we have no accounting of their funds. They market dumped twenty to thirty million worth of chainlink (we still don't know the full amount) and never said a word about it. They're still dumping here and there, even larger amounts and believe they are free to do so at any time.

5. Cult-like behavior. 90% of the memes made by Chainlink pose Sergey as this kind of messiah. They encourage zero compromise grounds that anyone should sell their token. They encourage people to buy their tokens despite; mortgages, spousal issues and even when their "investors" are homeless they'll encourage people to buy more.

They turn a sharp corner and Sergey angrily slaps the back of the head of one of his employees. "God damn it Rory."

"What, what did I do" he stammers out.

"Nothing. Fuck you, that's what." Both Sergey and his Father burst into laughter as they turn another corner, "This is my office, just a black telephone and a oneahole to blow off steam and... of course" He opens up a closet and there in pristine condition are thirty different shirts, all of the same type.

"The classic Steve Jobs. Son, I am impressed. You've learned big business so well, I only wish your Grandfather was here to see you. He would be so proud how you've milked these internet losers for money."

"NEETs, Dad, they're called NEETs. And I couldn't have done it without your backing."

"Ah, I see your philosophy degree is hung up here."

"Yeah, they made fun of me for it, but I can't help but think it helps me out-think the Fudders. Every time they almost catch us and every time we cover it up."

"And your exit plan."

"Russia of course. They won't extradite."

>>15803066
>>15803288
>>15803295

The only reason why I don't follow chainlink is because it's been clear from the start that sergey does not know what he's doing. He saw that airdrops work here and he decided to promote it, so he came up with an idea on the fly and went with the first name that came into his head. Then he recruited his buddies and started fudding every coin here in August, September and October of 2017. Afterwards, not realizing that he went in way over his head, he decided to promote his shitcoin as much as possible. By some miracle they launched a halfass mainnet that could have been coded in under two months, if they knew what they were doing. Sergey has never had this much money in his life and so he's blown through pretty bad, including paid promoters and marketers. Afterwards, he's been dumping realizing that you can't really build much on ethereum. He tries to delay the thoughts that's he stuck and realizes that he can never deliver. So ultimately his goal is to just wait it out, keep the crowd waiting, keep them biting until maybe Ethereum improves then have the infrastructure or maybe known as the first crypto oracle company, either way he's kind of stupid and not as smart he portrays himself. A boring and uninteresting individual, he is ruthlessly cut-throat and morally ambiguous. He just isn't a good person and his been notorious since his high school days for getting into schemes way over his head. Except this time it's in the millions and with real people's money.