/biz/ - Business & Finance

>>20991239
no

>>20991239

take a gander over at the graph and you tell me

>>20991239
This whole thing is crazy. I thought the white paper said LINK shouldn't rise over $1. Were they lying?

>>20991303
it never said that, the coffee cup meme was just a meme

No sell for 7.0p and fill my buy order

>>20991303

>>20991239
Do you know how high the market cap would need to be for $10 link? You're delusional, get yourself to the infirmary.

10 dollar coffee is not unheard of

>>20991239
are you kidding? this shit finna pop off to above $15 in just a couple days.

>>20992298
>>20992392
These in my town they sell blue mountains coffee for 15 dollars a cup

>>20991239
Let's see for how long this fat Russian fuck can manipulate and artificially pump the price.
My bet is $12 is the limit.

>>20991239
Scientifically impossible due to the fundamentals of combining mixicles with smart contracts. We are now a $9.60 stablecoin.

>>20992119
It was $9.75 an hour ago

I expect the price of a cup of coffe to rise significantly in the coming weeks

>>20991239
Theoretically anything is possible. Theoretically we're all made of cheese.

>>20991303
>He sold $1000+ tokens for network utilization for a cup of coffee
NGMI

Damn LINK will only go to $100 apparently. Sad

LINK NEEDS TO STOP MOONING, ITS CAUSING MY MORNING COFFEE AT STARKEKS TO BECOME TOO FUCKING EXPENSIVE I CAN'T AFFORD TEN GODDAMN DOLLARS FOR A CUP OF MORNING BEFORE WORK EVERY DAY

>>20992061
Coffee in America is $7 anon. When people say cup of coffee in America they are taking about millennial $7 coffee, not boomer $1 trash.

>>20991239
Mathematically, no it is not... I am a seasoned dev and cryptography enthusiast and what is apparent to me looking at the code for Chainlink is that Sergey et al. did not account for a rise to double-digit price in $. Simply put, the cryptographic integrity of Chainlink's protocol would be compromised due to a bug in the code that will execute if the price breaches $10. It's similar to the Y2K scare with business-oriented accounting software, except this is real.

When this comes out I expect the price to drop about 50-75% and my group has shorts in place should we break that $10 threshold and the truth about this bug comes out. In truth, I fully expect the 700k dumps to start coming in once we are around the $9.90 level to drive price back down and suppress the truth about this oversight.

Plan accordingly as this will be the only "heads up" I suspect you will get on the matter.

Peace.

>>20993883

Sloppy Job Simeon!

>>20993320
FUD

>>20991303
That wasn't in the whitepaper and you're retarded for believing it.

>>20991239
any minute now

>>20993883
Are you fucking retarded?

>>20993883
Thanks for confirming anon. All makes sense. Glad to see my gut feeling was right on this one

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.

>>20993883
>>20994234
Also glad I went with my intuition on this one. Not a single user of chain link is a major factor, to me.
Traded all my stinkers for xrp. Time will tell if that was the right decision..

>>20994234
What projects do you believe will have significant real world use?

>>20991303
that was 0x retard

we'll be retesting $8 maybe even $7 eow before we touch $10

>>20994884
you had 2 years

>>20991239
my wifes boyfriend told me it isn't

>>20991239
Fundamentally, Yes.

>>20992794
HYPOTHETICALLY

>>20994921
I've got 20k I've been holding since .40 cents you nulinker retard

>>20992623
NSW?

>>20992119
Have you even glanced in direction of a price lately? Lmfao sitting like half a dollar away right now.

>>20993883
This is incredibly bullish. Based retard.

>>20993883
post shorts you larping liar

mathematically speaking its going to happen tonight

strap in

>>20993320
kek

>>20991239
here is a math problem for you: how many big macs do you have to eat to be this fat

>>20992716
>>20995023

based autists