/biz/ - Business & Finance

Collateral: 1 btc of link
Debt: 0.25 btc
Position: 0.25 btc worth of link at time of purchase with loan.

Right now binamce doesn’t show a liquidation price. Why? Im assuming if it dumped and my link collateral was woeth 0.25btc it’d liquidate?

UGHHHHH, YEAHHHHH

reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

on a personal note, sorry guys but you chose the wrong horse. you even probably fudded a project that should have taken link's place. this is nobody's fault but your own and that fat walrus sirgay. it'll never happen, fr, fr this time.

>>26642182
the irony, if anyone is getting sec'ed, it's you bubs

tell your master sanjay that he's gonna have to flee

>>26577958
>>26578141
>>26578360
paid link faggots, eat shit and die

>>26578373
it doesn't matter, when the last penny stops coming, it ends in a bloodbath. unlike nearly every top crypto, link is entirely useless.

biz is officially dead and sirgay and his shills killed it. i'm moving to wsb over on leddit. it's a sad day but i've really had enough of the constant link tier shilling.

do you know what a ponzi is? it's when new investors float old investors money because the company isn't (and will never be) profitable as the ceo says. that's by definition what link is. a gigantic ponzi perpetuated by shills.

it'll end badly but probably not for sirgay as he flees to russia.

>>26115088

1. arrest the google cloud dev for insider trading
2. arrest sirgay for securities fraud
3. well first, you'll have to extradite him after he flees
4. arrest ari for money-laundering
5. fine binance for allowing millions upon millions of chainlink tokens to be discretely sold OTC

What you can do

>>report all chainlink posts, count them up, report them
>>expose shill groups in discords with screenshots
>>petition jannies to ban chainlink on sight
>>report to the sec, the more reports, the more likelier they are to look into it
>>post and write about the ongoing scam

>>24585150
scam

>>24322082
fucking faggot scammer

>>23748703
i love how he calls you a scum when it's his relentless pajeet fucking ass shilling that is the actual scum.

>>23000131
> from behind an enormous coffee mug Sergey laughs maniacally as he clicks the special needs mouse to dump yet another hot load on unsuspecting neets

>>22906620
>Based in the cayman islands
>Gives same presentation past 3yrs
>Nothing is intellectually patented
>nothing burgers starting with sibos 2017
>JSON Parser
>Countless "insiders"
>Confirmed security by law group
>Manipulated price action
>Rest of the year = same presentation
>More covert price action
>Hire more shills to promote
>Price dumps to hell
>Associated with money laundering
>Washing in and out of exchanges causes minor pumps, but 1000 EOY, right?
>Ungodly price pumps with insider trading and a false accusation from Zeus Capital (actually chainlink)
>Slow drop to the several dollar range (You are here)
>SEC launches investigation
>Sergey Disappears
>Dev wallet dumps all tokens
>Team freaking out
>Confirmed edit scam all over the news

>>22496893

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.

He inhales deeply then takes out a Cuban cigar. Lighting first a $100 bill then using it light the cigar. You can smell the ashy scent lingering in the room as the smoke drifts up.

"Th-they said... $32 million dollars isn't worth my Oracle solution, that skinny, pedophile, meth, twink vitamin can kiss my neet asshole. when the verizon singular happens, everyone will know...."

"No master, let me kiss your whale 65% ass. Dump it on me. I'll wait for the singularity."

"How about this singularity marine!" He screams as a shit flies out onto your chest.

Retarded delusions creep your mind as the raw gas of his asshole makes your delirious, you prepare yourself for the joy. you pucker up and smooch sirgay's asshole, the sharpie still twitching in your little link boipucci.

"Just imagine all the data being sanitized by reputation, like Uber. No sybil attacks, all ERC20 based."

He lets out another fart and grunts again.

"Another 700k!"

You shout ecstatically, "build that oracle solution, buy that towncrier! hire more devs!"

"I've give you something to cry about" He replies. Once more he grunts again and shits a violent flow of diarrhea, this time getting on your chin and lip.

"Hey man, where's the bathroom?"

"Oh sorry bro! we're jus-just doing a little thing here, we're actually the link conference here, bathrooms are to your right."

"uhhhhhhhhhhh" says the confused onlooker as he quickly scuffles away.

"I'll shill for you Master!" As you cry out, the sloppy heap of shit covering your body as it slides down.

"1k EOY is FUD!"

"No... I will give you the fud." He grunts again and proceeds to let out a gassy fart.

"Another 700k!" He cries out as he lets his sweet, hairy cheeks flap as another shit dumps out.

"Di-di-", the shit overflowing your mouth, "d-didn'... arghhh, didn't read, not selling"

>>22472607
>>22472653
>isn't vaporware

>>chainlink meme photo
>>i am so excited for you bros
>>imaginary ranks
>>just keep buying bro, just keep buying
>>no matter what don't stop buying
>>HODL the imaginary line bros
>>bitch boy captain, general, whatever makes it seem like we're tough internet boys and not retarded faggots getting gagged, hooded and branded by our master sirgay
>>implying any of these memes are fucking organic
>>two thousand seventeen hype, convinces other anons since this fat fuck browses here, uses the money to make meme artists and pay oracle and google to blogpost and waste their time
>>stuck in the water with a useless ERC721 protocol despite the fact ERC20 worked better
>>fud the shit out of other tokens and strangle organic growth. why? because im a fat faggot with a philosophy degree and dont understand tech but know how to be a cut-throat ruskie
>>shelled out, dried out assholes running a literal fucking scam
>>SEC GET ON IT

>>22154278
>>22154314
>>22154339

>>22036483
BBBBBBBBBRRRRRRRRRRRAAAAAAAAAAAPPPPPPPPPPPPPPPPP snnnnniiiiiiffffffffffff...oh yes my dear....sssnnnnnnnnnnnniiiiiiiiffffffff....quite pungent indeed...is that....dare I say....sssssssnniff...eggs I smell?......sniff sniff....hmmm...yes...quite so my darling....sniff....quite pungent eggs yes very much so .....ssssssssssssssnnnnnnnnnnnnnnniiiiiiiffffff....ah yes...and also....a hint of....sniff....cheese.....quite wet my dear....sniff...but of yes...this will do nicely....sniff.....please my dear....another if you please....nice a big now.... BBBBBBRRRRRRRAAAAAAAPPPPPPPFFFFFFFFLLLLLLLLLPPPPPPPPPFFFFFF Oh yes...very good!....very sloppy and wet my dear....hmmmmm...is that a drop of nugget I see on the rim?...hmmmm.....let me.....let me just have a little taste before the sniff my darling.......hmmmmm....hmm..yes....that is a delicate bit of chocolate my dear....ah yes....let me guess...curry for dinner?....oh quite right I am....aren't I?....ok....time for sniff.....sssssnnnnnnniiiiiiiiffffffff.....hmmm...hhhmmmmm I see...yes....yes indeed as well curry......hmmm....that fragrance is quite noticeable....yes.....onion and garlic chutney I take it my dear?.....hmmmmm....yes quite..... BBBBBBRRRRRRRRPPPPPPFFFFFFFFFFFFFFFFFFFFFTTTTTTTTTTT Oh I was not expecting that…that little gust my dear….you caught me off guard…yes…so gentle it was though…hmmmm…let me taste this little one…just one small sniff…..sniff…ah….ssssssnnnnnniiiiiffffffffffff…and yet…so strong…yes…the odor….sniff sniff…hmmm….is that….sniff….hmmm….I can almost taste it my dear…..yes….just…sniff….a little whiff more if you please…..ssssssnnnnnniiiiiffffffffff…ah yes I have it now….yes quite….hhhhmmmm…delectable my dear…..quite exquisite yes…..I dare say…sniff….the most pungent one yet my dear….ssssnnnnniiiifffffffffffffffffffffff….yes….

>>19388831
>>19388757
>>19388847

The problem with LINK is that it's like the shitcoin flavor of the week that never died. It's anything but organic.
You want to talk about "having 3 years" and who/who isn't a newfag? It took 2 years of obsessive, cult-like marketing for Link to see the kind of gains that dozens of easily-forgettable 2017 shitcoins took a month or less to pull, and half of that was only because you all lied about a bunch of fake partnerships.
The anti-LINK threads are more than justified considering that you clearly either paid off the mods or they don't give 2 fucks about the board despite all the complaints about it. It's exactly what you deserve for shoving this shit down everyone's throats for so long.

If LINK weren't dependent on /biz/ and reliant on a team of private Discord shills that conveniently begin shilling around the same exact time everyday (6 AM EST), they clearly wouldn't need to have 25 threads up at the same time to prove this convoluted point... For that matter, why do so many Linkies have to step up and try their hand at justifying themselves in this thread if it really doesn't matter that much? If it doesn't matter, why are you all so defensive, so easily triggered, so quick to project and insult when the smallest of things don't go your way?
I'll be honest in saying that, had it not been for the obnoxious level of spam, I might have bought a bag. At this point? I wouldn't touch it with a 12 ft pole.

link posters win because there is a prolonged and dedicated effort by you and others like you to spam incessantly to the point that moderation can't begin to keep up or is in direct collusion with you. there's nothing organic about it.

>>19146498
>he knows and is still caught promoting a well-known scam

for anyone else besides a scammer or shill, link is a confirmed scam and no one else is buying link at this point

>oracle
>gravel guy
>fernando almost fired
>50 "startups"

you should be ashamed

>>18405804

>>18368073
>>just believe
>>trust me the source
>>weird esoteric shit that has nothing to do with tech
>>trust me it'll take off
>>it'll moon anytime
>>it'll be worth 42,000,000 per link easily
>>billions on billions marketcap, zero risk goy!
>>overthrowing jews and globalism
>>muh cope
>>muh hiring team
>>muh partnerships
>>muh dderivatives
>>muh radio silence means it's coming, next month!
>>muh, muh, muh

all we ever hear from you faggots

>>18019449
how did it taste?