/biz/ - Business & Finance

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Anonymous Mon Oct 28 10:12:14 2019 No.16061632 [Reply] [Original]

Yeah sorry, I'm out. First they couldn't even get 50. But that's beside the point. Just look at the list, it's a bunch of nobodies. Half of which look like basement dwellers creating their crypto webpage a few weeks ago. Find me ONE legit company on that list. There is none. It's a bunch of crypto nobodies serving as references for each-other with no tangible product or service. I'm out, this is pure hype that's got nothing to do with the real world.

>>	Anonymous Mon Oct 28 10:13:20 2019 No.16061638 >>16061632 S T A R T U P S T A R T U P S

>>	Anonymous Mon Oct 28 10:14:03 2019 No.16061648 >>16061632 kek

Anonymous Mon Oct 28 10:14:15 2019 No.16061651

>>16061638
GFY linker

How did it get to this?
A 4chan meme is now worth $1,000,000,000 USD.

Chainlink competitors (oracles):
https://bandprotocol.com/ ~ marketcap $4.4 million: https://coinmarketcap.com/currencies/band-protocol/
https://mobius.network/; ~ marketcap $3.2M: https://coinmarketcap.com/currencies/mobius/

Chainlink has limited to no revenue to date.

Investors are currently paying a 300x (30,000%) premium over competitors.
Generally, for a company that has monopolized it's industry, the risk ratio is justified, yet in this peculiar instance
investors are paying a massive premium for a company that no established marketshare with less than <100 active customers.

It's biggest claim to fame: "Swift Partnership on the horizon"... Never became a reality.
The shills constantly talked about Swift and how much token appreciation it would bring to the project.... well Swift is now developing their own oracle and the shills have gone quite on this.
https://www.reddit.com/r/LINKTrader/comments/9r8l5n/so_what_happened_to_swift_partnership_chainlink/

The shills have moved on to EOY $1000 claims with no substance.
A $1000 LINK price would equate to a market cap of $349,783,945,220 ($349 billion USD) a feat not even Bitcoin has achieved and would put it's value close to JP Mogan Chase, one of the world's largest banks
with over 250,000 employees. Chainlink has two core employees, the rest are office shufflers.
The biggest thing to happen to LINK has been, wait for it.. A Google Cloud blog post.

colorsdontlie: "News outlet and journalists keep reporting on "partnerships" with Google and Swift. But if you actually read the source for the
"partnership", it's just a blog post by Google Cloud that promotes their own service (BigQuery) and shows an example about how Chainlink users
can use Google Cloud if they want. In no way is Google partnered or planning on using Chainlink themselves.."

>>	Anonymous Mon Oct 28 10:47:33 2019 No.16062004 File: 236 KB, 642x690, 1558607540743.jpg [View same] [iqdb] [saucenao] [google] >>16061651 Sergey really has played us hasn't he? God oh god why was I so easly sucked into this cult.

>>	Anonymous Mon Oct 28 11:28:02 2019 No.16062484 >>16061632 Dont let the door hit you newbie

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