/biz/ - Business & Finance

>>11656442
Conference next to the toilets

>>11656442

It might take longer to get to $1000 EOY than previously thought

>>11656442
-it's just an API
-bandaid solution
-deluded linkies
-1000000000 token supply
-racist coin
-nonews november
-shilled by bagholders
-TA
-priced in
-sergey is fat, loves bigmacs, stutters, has stage freight
-any company will make their oracle
-1$ token defeats the purpose
-what's the point of decentralized oracles if the source of data is centralized
-on other boards : racist coin
-on this board : sjw coin
-whales will dump at every conference or announcements

>>11656442
no working product.
ceo has no programming backround. he will encounter problems he hasnt thougth about when he planned the project and due to his lack of skillz, will fuck everything up. anybody not selling before the mainnet release hates money.

>>11656442
Jason Parser

>>11656442
there is no oracle problem to begin with

>>11656452
This is actually really sensible and convenient. Sergey being in close proximity to the restroom when he needs to relieve himself of the 4 bigmacs he ate for lunch

>Verdict: not FUD

Nail salon

chainlink has never mooned since it started. It's been 13 months.

Dyslexic founder
Could not type Chanlink properly
But decided to keep the typo because he's too busy pumping his own belly

>350m tokens in circulation
>1b total
>Sergey can nuke the token at will, and will at some point

>>11656598

>-it's just an API
DECENTRALISED
>-bandaid solution
Bandaid solution that will make holders incredibly wealthy
>-deluded linkies
Therefore more likely to HODL
>-1000000000 token supply
normies like low token prices as they can't grasp the concept of buying fractions of coins
>-racist coin
This is a good thing
>-nonews november
Time to load up then
>-shilled by bagholders
No different to any other coin or pyramid selling
>-TA
One whale buying in will render TA irrelevant on this coin
>-priced in
It's barely above ICO prices despite massive progress and partnerships
>-sergey is fat, loves bigmacs, stutters, has stage freight
Autism is good, we don't want a flashy CEO
>-any company will make their oracle
Sergey will distribute LINK to companies to ensure they use us
>-1$ token defeats the purpose
???
>-what's the point of decentralized oracles if the source of data is centralized
Still other benefits in that it introduces penalties and means data must be tampered with at source instead
>-on other boards : racist coin
Good keep normies away while we finish accumulating
>-on this board : sjw coin
False
>-whales will dump at every conference or announcements
Wales are accumulating if anything, they won't start dumping until much higher prices, at which point bigger whales will be entering

>>11656723
THIS. I asked sergey friendly where the remaining tokens are and he told me he didnt put 6 Gorillion tokens into gas chambers... idk what to think about him.

>no consensus algo
The team doesn't pretend to have a working product, so it's not that much of a problem. This task is also supposedly delegated to the able hands of IBM. Pluggable consensus.

>>11656611

>no working product.
No but more progress than 99% of shitcoins. Github activity is impressive
>ceo has no programming backround. he will encounter problems he hasnt thougth about when he planned the project and due to his lack of skillz, will fuck everything up. anybody not selling before the mainnet release hates money.
Even if true he has some impressive contacts and partners who can help, and could hire talent using ICO money, as he hasn't squandered it on mozzarella and private jet rentals like other projects have

>>11657002
> he hasn't squandered it on mozzarella and private jet rentals like other projects have

sure he hasnt. instead he squandered it on big macs.

>>11657076

>> he hasn't squandered it on mozzarella and private jet rentals like other projects have
>sure he hasnt. instead he squandered it on big macs.

32M raised in ICO = roughly 10M big macs. Even allowing for Sergey eating 10 per day there should still be a significant cash buffer available for other dev resources

>>11656723
>Sergey will crash his own plane with no survivors

Brainlet.jpg

>>11656442
The biggest pump and dump group on biz is all about chainlink. Cant wait for you guys to get arrested, one by one.

>>11657613
We are actually a dump and dump group

It is too late to buy in. The highest LINK will ever be is MAYBE .90

Good for you guys, stinkies, but you’re not going to be millionaires

It may be a successful network long term, but if you think this token distribution looks attractive for investment purposes, you’re deluded as fuck

>>11656442
This is going to be one of the hardest dumps on main-net and the project will basically fail because people will never use it for anything other than to PnD, which will completely fuck the tokenomics and make the whole thing useless. Sergey will realize this and just disappear along with the rest of the team. SWIFT and co will realize this, and begin to quietly remove any references they have to this embarrassing experiment which - who knows, might have succeeded if it wasn't for the retards who infest this place and run painfully obvious shill and fud campaigns. Many of you will experience the kind of hopium crash which actually kills people, and I suppose suicide is a fitting reward for some of the more smug retards who clutter up this board, but I hope it isn't all of you.

There will be no more memes, no more dreams of lambos or whatever NPC tier 'rich person's car' you've picked out in your imagination as you're left in the dirt holding a bunch of link bags. Even a fraction of the money some of you invested in link could have helped you make it during the next bull-run in a legitimate project. Imagine that. THAT is what you should be visualizing. Not your stupid fucking holiday home, not your imaginary future "faithful" gf / wife, nor an early retirement where you don't need to toil away at menial tasks for your betters from inside your 9-5 existential prison cell - you should instead be visualizing yourself scraping together what little money you have left in the wake of your devastation to try and ride something like BAT or Holo up, and your dream of MILLIONS OF DOLLARS suddenly becomes a much more realistic 100k-200k at most. I mean it's not bad - more than you intellectual runts probably deserve. You'll all see I was right. I always am.

>>11658727
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>11657749
This. The scariest fud

>>11656598
You forgot that they communicate through walky talkys

>>11656442
The token distribution is shit.

It's a problem that has no solution; no token has ever figured out a way to fix shit distribution.

There is no mechanism for fixing it and the team wont even talk about it.

>>11657674

But I have 1.200.000 LINK. Checkmate faggot.

>>11656442

This is simply discord data mining for those who don’t know. They’ll launch a fud campaign which won’t do anything but price will prob go down because of no announcements and markets and they will increase their stack from 2000 to 2008 LINK

>>11657749
You don't know specifically how the team will use their share of the tokens, or how they'll use the portion set aside for incentives. If you believe sergey and team are putting in a good faith effort, then there is no reason to think they will misuse the funds and jeopardize their chances. This fud is limp.

>>11658909
>no token has ever figured out a way to fix shit distribution
How about drafting a rigid plan as to how and when the tokens will be mobilized? Token Burn/Lock.

>the team wont even talk about it.
Now this is some very legitimate FUD here

>>11657749

>>11658909
But the tokens set aside are not going to be entering circulation until chainlink is a decent way towards its objectives. At which point its market cap is going to be in the tens of billions.

Chainlink is an API is the best fud I've heard and I've been holding it since SIBOS. Still not sure how to respond to that or if its not true.

>>11658981
Isn't an API just a way to interact with a piece of software?

>>11656452
https://youtu.be/lLB07EApoXI?t=4099

not FUD, next

>>11658928
>>11658963
>>11658964
I believe the devs have good intentions and that their incentives are aligned with the success of the project.
The problem is they literally don't know how to get those tokens out there.
If you sell them you piss off your investors/ node operators. If you burn them you're in danger of SEC attention. If you give them out for free you dump the market.
They have no published plan and they never talk about it.

>>11645507

This thread, unironically.
Link will never get to high price because big institutions will hedge/short it so they can buy links for cheap price.

>>11639526

Sorry, i mean this thread ^

>>11656442
Oxymoronic. Fud cant be best because it lacks any positive or true qualities. All
Fud is bad, because there’s nothing to fud. ChainLink is literally GOD reincarnate as a technological revolution. Bend the knee or go to hell

>>11659070
You'd feel at home with Skycoin people. Think that project is better suited for you.

>>11657749
To be honest the tokenomics to most crypto projects are shit.

>>11659070
Exactly. That is why it's called the god protocol.

>>11657076
>>11657147
Big mac have good value for money spent on them. But seriously someone needs to tell him he is gaining weight. Unless he is going for the physical and spiritual opposite of vitalik he needs to cut it back a bit.

>>11659710
Who cares

This is a good project, but the link tokens will only be used for hobby projects built with their own erc20 coins. While some of the stuff is true here, chainlink is open source so many big name companies can drag and drop their own network. Think of chainlink like a futuristic playground, where you can test projects and test how decentralization will work in a low $$$ environment. Don’t believe me? Sergey even big name people have no idea what the price of decentralization will cost. Chainlink is solving this issue for big name companies. While yes chainlink price will increase as it will have some adoption in this “Ethereum simulation”. It will not reflect the ridiculous prices people speculate on. JP Morgan , Microsoft Azure.. etc are making private Ethereum clones, and it’s exactly what it is. Private. You won’t be running sensitive data through your own nodes. That’s completely wrong. There’s no incentive for you to personally use a chainlink token.