/biz/ - Business & Finance

Dude it's a fucking meme... No one actually buys this shit. It's probably the same dozen or so people spamming link threads all day.

I have been wondering the exact same thing. I still don't understand why ChainLink will be necessary for Oracles.

Why wouldn't Ethereum build their own on-chain oracles? Why is the ChainLink token necessary at all?

Furthermore, if a bank or an insurance company wanted an oracle for blockchain use, why wouldn't they build one in-house so they know they can trust their data verification and munging processes?

There's literally no reason for ChainLink to exist right now, especially since they don't even have a working product (the chainlink token is literally ERC20 solidity boilerplate code). Correct me if I'm wrong.

You're right. Don't buy. Tell all the other newfags not to buy either.

>>7910780
If you are aware of a way to build a decentralized oracle solution that can plug straight into Ethereum then you should contact Vitalik RIGHT NOW and give him the good news

>>7910780
Ok what the fuck. How many threads do we need? Biz is fucking dead. I hold 300,000 LINK myself, but Jesus FUCK!

>>7910780
>>7789641

>>7910780
It's a useless coin that will be made redundant by the next generation of blockchains. Don't bother buying LINK

>>7910840
Realizing it's spam, yet? idiot

>>7910780
Just watch this - https://www.youtube.com/watch?v=KzWjpjnRf-s

>>7910780
32m ico. No devs hired. Where did dollars go? Scam coin.

>>7910780
Well basically anon, we are all in this together

>>7910822

I have been wondering the exact same thing. I still don't understand why ChainLink will be necessary for Oracles.

Why wouldn't Ethereum build their own on-chain oracles? Why is the ChainLink token necessary at all?

Furthermore, if a bank or an insurance company wanted an oracle for blockchain use, why wouldn't they build one in-house so they know they can trust their data verification and munging processes?

There's literally no reason for ChainLink to exist right now, especially since they don't even have a working product (the chainlink token is literally ERC20 solidity boilerplate code). Correct me if I'm wrong.

dont buy its a scam :)

>>7910780
Stinky Linky larping as brainlet to create new and innovative ways to start yet ANOTHER FUCKING LINK thread.

Mods need to fucking autoprune LINK threads. They're fucking killing /biz/ more than it already died

>>7910873

HOW HAS NO ONE REPLIED TO THIS LOL WHAT THE FUCK

>>7910780

You're welcome

>>7910924
I have been wondering the exact same thing. I still don't understand why ChainLink will be necessary for Oracles.

Why wouldn't Ethereum build their own on-chain oracles? Why is the ChainLink token necessary at all?

Furthermore, if a bank or an insurance company wanted an oracle for blockchain use, why wouldn't they build one in-house so they know they can trust their data verification and munging processes?

There's literally no reason for ChainLink to exist right now, especially since they don't even have a working product (the chainlink token is literally ERC20 solidity boilerplate code). Correct me if I'm wrong.

>>7911030
That doesn't answer any of my questions.

>>7911035
I have been wondering the exact same thing. I still don't understand why ChainLink will be necessary for Oracles.

Why wouldn't Ethereum build their own on-chain oracles? Why is the ChainLink token necessary at all?

Furthermore, if a bank or an insurance company wanted an oracle for blockchain use, why wouldn't they build one in-house so they know they can trust their data verification and munging processes?

There's literally no reason for ChainLink to exist right now, especially since they don't even have a working product (the chainlink token is literally ERC20 solidity boilerplate code). Correct me if I'm wrong.

>>7910817
There are less than 6 thousand true linkies in the wild

>>7910780
>>7910817
>>7910822
>>7910858
>>7910911
>>7911067

>>7910780

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

>>7910780

You're right, anyone can build their own, but you could say the same about literally any project in crypto. Why would anyone use btc, they can just build their own, why would anyone use eth they can just build their own. You can even expand it out to real life industries; why would a company use certain software packages, they could just write their own, why would manufacturers import components of what theyre building they could just make their own, you could apply that logic to literally everything on the planet. Why would a fruit shop buy fruit and resell it? they could just grow their own! The reality is much like all these examples, link specializes in doing 1 thing and 1 thing well, the entire company all the devs, its all they do. So yes you could spend millions of dollars and tens of thousands of man hours developing your own- or you could just integrate something someone has spent years working on and have it instantaneously

>>7911468
I hear a lot of people screaming about this shit in the art world. I COULD HAVE DONE THAT. yeah you fucking didn't, and that dude is rolling around in it. also, you wouldn't have even if you could. you aren't that person, you never will be.

>>7910873
can someone build a Link box for the Big Mac??