/biz/ - Business & Finance

>>13839901

>>9711809

getting nervous nocoiner?

>>7998375
>super super niche product

i've seen this posted a lot the last couple of days, new subtle fud?

>>7954316
>>7954191
>>7953840
>The bigger the market a project is trying to capture the bigger the barrier to entry
This is elementary, however, this is why I believe LINK is in a unique position.
NO massive tech monopoly started out going after a big market. Amazon started with fucking obscure books, before becoming the e-commerce giant it is today. Facebook started with ivy league college students. The list goes on.

LINK can literally take its pick of a handful of promising small but growing markets via a number of entry-pointsL automated data-driven agreements in derivatives, open banking APIs, stablecoins, smart-contract adoption.
It just needs to work on one specific solution, and it will establish itself with a strong enough network effect that it could take over adjacent markets sequentially. It could start with high-value contracts between two investment banks, eventually move toward the broader derivative market, then automated bond coupon payments, then stock market, and then insurance contracts, and then trade finance etc.

Finally, LINK will have multiple reinforcing network effects, just like BTC had, to ensure it can maintain a monopolistic advantage:
>contracting parties
>node-operators
>stakers
>devs
>speculators

Although I'd love to hear of other projects with similar fundamentals with as good a risk/reward profile.

>>7943402
>>7943539
>Why is LINK garbage?
It's not. At the very worst, maybe it's somewhat overhyped on /biz/, but we'll never know except in hindsight. Maybe it's actually being underrated by /biz/ right now.
pic related is why LINK has the upper hand in the race for decentralized oracles

>>7818571
why is it useless? debunk >>7818453 ? or pic related?

absolutely pumped

>>6560022

The reason LINK is so cheap right now is because the founders are working closely with major institutions. They're keeping the price artificially low by being as quiet as possible and not attracting public attention. An absurdly low price means more large institutions buy in, which in turn means it becomes the industry standard.

You weren't supposed to even know about LINK.

Remember this.

It's not worth trying to convince them anon, so many bizrealites are too retarded to do basic research on LINK. If they didn't buy by now they just aren't going to make it.

>>5014073
You can use ETH, make a coinbase account, buy ETH or BTC, make a binance account and send the money there, then buy LINK. Wait for a year for it to moon, wait another year for alpha centauri. Wait one more year, and the Earth would be engulfed in the sun before the light reflected off of you could be seen by the hubble telescope.

>>4957849
This, biz helped me. I'm a giver not a taker.