/biz/ - Business & Finance

Staking in two weeks

The crabbing will continue until morale improves.

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. Happy gambling though anons.

Chainlink will be used by almost every financial institution in the world, from fintech startups to central banks.
Chainlink will be a household name in less than three years.
Sergey Nazarov will be the richest man in the world.
They will write books, they will make movies and they will consume themselves with an unimaginable amount of butthurt and think to themselves "Those useless fuckers got lucky".

This feels very weird.

>sell millions of link to pay WEF to mention your name
>still dumps
Nothing can save you now, see you at $1.

>dumps when btc pumps
>dumps when btc dumps

>>23420842
Just 5 more years

G

>>23207364
God i'm so excited for you guys

>>22953771
if only you knew what's coming

>>22422082
Low time preference short sighted scum. I bet you're a coomer too.

Eh, I'll check. But I don't know man, price action has been really disappointing lately, looks like it will take some time to get over $15 again, if ever. Will defo try to buy the $5 retest though, just hope it won't crash right through it. Oh, and nice pic btw

Link $1keoy

Yeah I did not say staking. Perhaps the question contained the word staking but I did not hear staking when it was asked.

Bitcoin maxis are just embarrassing at this point.

>>21987235
>do you accept eating big macs forever as you get priced out of real meat?
Yes.

Pump is over innit?

>>21422819
https://www.youtube.com/watch?v=kIbEj1CIpuU

They're preparing to dump, aren't they?

To all the linkies out there: just a reminder that there is absolutely nothing wrong with taking profits when your asset performed 20%+ in one day. Taking profits is healthy and the sign of a sound risk management strategy. Remember that the only gains you make are the ones you cash out! With love, anon

The next couple of hours is very critical for chainlink.

>>21151948
didn't read, never selling

Can we have a swingie screenshots thread?

>>20970921


IT'S NOT YOUR FAULT