/biz/ - Business & Finance

I am physically, emotionally, psychologically, and financially RUINED

it's literally dumping rn

Back in your place you little bitch

GOING DOWN, I WILL BUY AT $3.

>>20000000
Very cryptic message from Kek there.

Oracle integration, whatever comes out of the WEF thing, constantly expanding DeFi = big quarter for BlueCube.

why number no go up?

This is truly a blessed LINK digits thread

is now a good time to buy?

is this legit the comfiest hold?

I'm a big dumb faggot. $1kEOY.

what went wrong?

Holding anything other than LINK is a major opportunity cost and low IQ. If you want to stack as much BTC or ETH, you should be holding 100% LINK.

Are you niggers fucking SURE about this? I'm about to dump my entire stimulus into it and you better not be fucking me.

I'm actually more qualified to talk about this than most anons. I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

Should I sell?

Satsgang pump and dump

In terms of the next economic crisis / collapse, can this be considered a safe haven next to btc?

So what the fuck needs to happen to actually make it go up?

The real takeaway from the Oracle startup release is that the biggest companies in the world are scrambling to get early market share of blockchain smart contract base layer infrastructure.
Literally the biggest tech companies in the world. Microsoft. Oracle. Google. They all understand how important it is to get early traction, which is why Oracle is putting questionable startups on there because just having volume makes it more likely that you will be seen as the platform of choice.
The biggest tech companies in the world are trying to fight over a pie, and the tasty golden crust of that pie is secure, tamper proof inputs and outputs that can only be provided by a single company powered by a single glorious ERC-20 token.

Nodes want to compete to serve data to smart contracts. High value contracts require higher collateral. The more collateral a node is holding, the more jobs it can take, and higher value jobs, so the more profit it can make.
Competition among node operators to hold the most collateral (which must be denominated in the LINK token) could drive individual token price to astronomical heights as supply dwindles and demand for collateral increases.
Ethereum, while likely to be the world's first decentralised computer and the grandaddy of smart contract platforms, only needs the token to fuel transactions on the network.
The economic case for the Chainlink token has a much stronger potential for both growing in value and maintaining that value. There is no reason at all why Chainlink's market cap would not exceed Ethereum's, in fact I fully expect it to do so in the next 10 years.

>>15553888
i couldn't check this more if i tried

IT IS CONFIRMED. WATCH VIDEO

>the average link holder on this board btw

https://www.youtube.com/watch?v=62BN2cCiUaQ

What's your target price?