/biz/ - Business & Finance

[Anonymous No.10946746]

For the last fucking time, there is LITERALLY NO WAY THAT CHAINLINK WILL EVER MOON TO ANY SIGNIFICANT LEVEL.

How do I know? Simply because too many biztards who are destined by the stars to be forever poor own it.

Think about it, if chainlink actually went to 50-100 dollars, many retards here would actually be worth something financially. Not happening. Based on this impossibility alone chainlink will never moon. Please stop with the shilling we have better things to talk about.

[Anonymous No.10946784]

I hold link and I agree. Too many retards here are way too sure of this mooning, but the universe has a way of fucking people who are too full of themselves.
Never gonna happen, pic related.

[Anonymous No.10946846]

>>10946784
This. I sold my stack a couple of weeks ago because people started getting to sure of themselves.

Hubris is always punished. ALWAYS. If its God, the universe or karma I do not know. Whatever force guides the invisible hand of fate hates hubris a lot.

[Anonymous No.10946865]

>>10946846
I see three fools.

[Anonymous No.10946874]

>>10946865
It is but a warning Anon.

[Anonymous No.10946893]

>>10946865
The only fool is someone who feels certitude at getting rich off of a highly speculative investment: especially one in a completely new space being developed by a team that has no previous success at developing valuable entities of any kind. Furthermore, your certitude is most likely derived from dot connecting on 4chan. Good luck. Ethereum holders got lucky that a bunch of idiots speculated on a largely useless project. That may be ChainLink’s biggest hope at unrealistically huge value growth. Getting rich off of the stupidity of others doesn’t suggest intelligence either...

[Anonymous No.10946901]

>>10946846
Trump couldn't win either right? LINK is literally surrounded by Hermetic synchronicity that you couldn't understand, if you want to be stuck in your "loser" programming go ahead but don't project it as some sort of cosmic truth.

[Anonymous No.10946941]

>>10946784
LINK will moon, just like btc, eth, ant shares, xrp etc all did.
and just like all those coins, most of /biz will sell too soon. so no, millionaires will not be made en masse, just like millionaires were not made en masse with btc, eth, ant shares, xrp etc

[Anonymous No.10946964]

>>10946901
>Comparing a binary presidential election to a completely new and emerging tech center

I know you pol fags love talking about people’s IQ: you’re lacking in your ability to make lucid analogies,

[Anonymous No.10946974]

>>10946964
I'm sorry you don't understand abstractions anon, they say those with a higher than average but not quite high iq often get lost in them.

[Anonymous No.10946987]

>>10946746
>when you can't handle uncertainty and dump your unpleasant thoughts onto an anonymous imageboard in the hopes that somebody responds and validates your suffering.

[Anonymous No.10946990]

>>10946901
>that you couldn't understand
No anon, this is an anonymous board and it doesn't punish free speech, so it brings people who give a fuck about truth despite all the dopamine inducing enjoyable social media out there.
>To be able to figure everything that's said there is bluepilled and a lie you need to be smart enough
>so we have a group of smart people
>somehow it creates an emergent system, like a big brain or living thing
>somehow this group of smart people have no agenda at all since anonymous and can't stop talking about this single project
You see? even if you don't believe in the project, it's like getting advice from an alien that's really wise since its brain is literally made of many intelligent faggots.
>>10946941
Iron hands brother, unironically never selling

[Anonymous No.10947011]

>>10946974
>they say those with a higher than average but not quite high iq often get lost in them.
KEK THIS, I have this repilled friend who's exactly like this, we'd get drunk and he'd get 90% of what I'm saying, but the metaphors just fly over his head.
Read the Gervais principle, he talks about people who are too literal and how they fit in the workplace or even society's hierarchy

[Anonymous No.10947022]

10000 people getting millionaire is fuckin nothing its not even a drop in the bucket

[Anonymous No.10947032]

Sound logic. It’s going to fail because a few hundred incels on a racist messaging board like it. Has nothing to do with the product or the team or the companies that are planning to use it. Solid argument. The absolute fucking state.

[Anonymous No.10947033]

>>10946974
There’s nothing that I don’t understand. Comparing the possibility of a presidential candidate winning (that has a huge fan base and following) to getting the world to adopt a completely new tech is a shit analogy. Just because media outlets said Trump couldn’t win doesn’t mean his win was miraculous: it was quite predictable. Chainlink’s Adoption is HIGHLY less probable. What factors have you quantified to consider the probability of Chainlink’s Adoption? Because there are countless important factors to consider. Trump’s election was simple in comparison.

[Anonymous No.10947037]

>>10946746
>Simply because too many biztards who are destined by the stars to be forever poor own it.

it is literally the opposite of this. we are the chosen ones, because of duality. you are too stupid to figure it out and that is why you won't ride with us.

[Anonymous No.10947042]

>>10947033
Youre on the spectrum aren't you? Don't lie, there's nothing wrong with that.

[Anonymous No.10947052]

>>10946990
You think the people here are much more intelligent than they are. There are a few that are really smart and understand the development of blockchain/Smart Contracts, there are WAY more idiots that parrot information and don’t understand why a project like ChainLink has countless obstacles and how even in best case scenario, it is a temporary solution toward an ultimate goal of the internet of finance.

[Anonymous No.10947062]

That’s exactly what uncle amex oldfag keeps shouting. So far, he’s right. I would put my money on a millionaire over plebs

[Anonymous No.10947074]

Can't wait for all of you losers to get B O G G E D

[Anonymous No.10947077]

>>10947033
1.its not a new tech
2.Adoption happens not because of thin air but because of reducing costs due to trust factor being cheaper
3.its already getting adopted check partnerships
4.Meme powers of kek is basically free speech off 4chan coming together as a hivemind.Post something uninteresting and you are removed from the system by getting zero replies.

[Anonymous No.10947112]

>>10947042
No, I’m not autistic for thinking ChainLink has a low probability of being a huge wealth-generating investment.

[Anonymous No.10947118]

>>10946746

You guys are all fucking pussies. Watch these trips, it means we're all going to be so filthy rich...

[Anonymous No.10947127]

>>10947077
Your argument is probably that when the network is live, use will be so high that token price explodes. What’s the probability that it definitely happens, with large corporations. Seems unlikely they give power to an external entity without agreement of a large alliance, like the EEA. If that’s happening, why hasn’t it been announced?

[Anonymous No.10947140]

>>10947127
Whois ChainLink.foundation

[Anonymous No.10947149]

>>10947077
Good luck with your kek-based investments.

[Anonymous No.10947163]

>>10947140
Has that been confirmed as their EEA? If so, I believe EEA rocketed ETH price when it was announced

[Anonymous No.10947170]

>>10946746
When I hear somebody here owns 100k link, I just... nope, next.

[Anonymous No.10947182]

>>10947118

[Anonymous No.10947193]

>>10946746
You are a moron, read the Swift thread that is on the board now, you may learn something. Another dumbasses bizboy genius that thinks Sergey is doing this project on his own. The state of these dense no Linkers are comedy Gold.

[Anonymous No.10947199]

>>10947127
token price is irrelevant you are missing the key point you are removing the trust cost of the firms.They will not have to deal with the shitty middlewares.This is the main point.Cost removing of course means profit increase and profit margins are low if you can increase the swift yearly profits by 1 % you made a fortune and thats only the one firm.

[Anonymous No.10947215]

>>10947163
Have you been following link at all? They're not announcing anything until mainnet.

[Anonymous No.10947226]

>>10947149
do not underestimate the powers of free speech

[Anonymous No.10947235]

>>10947199
Makes sense, thanks

>>10947215
2018 or 2019?

[Anonymous No.10947249]

>>10947226
Free speech isn’t relevant toward Chainlink’s Success.

[Anonymous No.10947323]

>>10947249
free speech mechanism applies to anything including trump elections to link shilling for 10 months constantly.If something comes out of 4chan you may want to pay attention to it. 4chan looks like a chaos for an outsider and that is the beauty of it.

[Anonymous No.10947579]

>>10947052

Doesn't matter. The emergent whole is greater than the sum of the parts.

[Anonymous No.10947614]

>>10946990
>Iron hands brother, unironically never selling
me too, fren. my life basically depends on LINK mooning.

asbestos coated nano-kevlar & lonsdaleite composite hands all the way!

[Anonymous No.10947651]

For the last fucking time, there is LITERALLY NO WAY THAT CHAINLINK WILL EVER MOON TO ANY SIGNIFICANT LEVEL.

How do I know? Simply because too many biztards who are destined by the stars to be forever poor own it.

Think about it, if chainlink actually went to 50-100 dollars, many retards here would actually be worth something financially. Not happening. Based on this impossibility alone chainlink will never moon. Please stop with the shilling we have better things to talk about.

[Anonymous No.10947667]

>>10947651

[Anonymous No.10947708]

>>10946746
>Think about it, if chainlink actually went to 50-100 dollars, many retards here would actually be worth something financially. Not happening.

May I direct you to 0:42 of this video: https://www.youtube.com/watch?v=jb8q8lAl2m8

[Anonymous No.10947710]

>>10947651
Fud levels reaching to Astrology
KEK

[Anonymous No.10947757]

OP is kinda right, but for the wrong reasons.
LINK will moon, but to a $1.5-$5 range TOPS. There will be too much sell pressure from all the greedy people holding. This isn't the early days of ETH or NEO anymore. We've seen how hard these little shits can go up and there is a lot more awareness.
Before, $50 ETH or $10 NEO was insane. Now everyone expects $50 LINK easily. Sorry, not happening. We missed these kind of gains when 2017 ended.

[Anonymous No.10947797]

>>10946746
People said the same thing about ETH a couple years back.

[Anonymous No.10947806]

>>10947757
damn, you know your shit.
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning

[Anonymous No.10947818]

maybe they should just hire a racist marketing director that hates white men or something, that might help link shake off biz.

[Anonymous No.10947841]

>>10947757
Do you think human psychology has changed? That greed isn't still present should an immense bullrun happen? Yes, it can easily get to $1000. Even more.

[Anonymous No.10948128]

>>10946746
>Think about it, if chainlink actually went to 50-100 dollars

Yeah, its not going that high. Maybe if they have some major partnerships with a huge bank, salesforce or something, but even that might not even make the price pump nowadays. I still believe chainlink is an interesting project and perhaps $5-10 is a possibility. I hold a bit of LINK incase it does something, but I've been thinking about researching other projects due to people overhyping chainlink so much on here. I'd be scared to have 30k invested into this it's too much of a risk.

[Anonymous No.10948251]

>>10947032
this. probably the dumbest thread i've read on this board.

>what is logic

[Anonymous No.10948291]

Fudders trying to drive down their rebuy price. Anybody selling Link is either desperate for cash right now or is a complete effing moron. Lol

[Anonymous No.10948375]

>>10947323
Yea, just like 0xBTC, Turtlecoin, Boomer memes, Shrimp Farming, etc...all super valuable

[Anonymous No.10948463]

>>10948375
Not to mention VeChain, AMB, Ethpyramid, and a ton of other “great projects.” Link just has memes, that is the biggest reason it is perpetually discussed here. Memes and constant echo chamber repetition that has convinced a bunch of lazy, unmotivated kids that they’re the early investors into the most valuable investment imaginable. This gives them hope and they constantly discuss the same shit just hoping to get some reassurance that they have indeed made a decision that will change their life. I know this because one of my best friends does this and talks about it incessantly and so many people here seem EXACTLY like him: think they’re way smarter than they are, no motivation to accomplish anything in the real world, delusions of grandeur, etc. It’s sad because this guy has kind of even put realistic aspirations on hold because he’s convinced himself that he is going to be coming into extraordinary wealth within the next 18 months.

[Anonymous No.10948474]

>>10948463
Just let them learn the hard way like others have had to in the past. When someone is so emotionally attached to something, this is the only option.

[Anonymous No.10948559]

>>10946746

>be op
>mfw

[Anonymous No.10948592]

>>10947651
Yep oldfag said the same thing

[Anonymous No.10948608]

>>10946846
So you sold your LINK stack because a bunch of fags with 1k LINK we're so sure of it? Whew lad. You will not make it.

[Anonymous No.10948640]

>>10948463
why are you trying so hard to save me from losing my money ? i already made my decision you think i only bought link because of memes and without research ? we will see who is right sure i could lose my money but hey at least i had balls to do something about my life. regret from not buying LINK is greater than regret from it knowing about LINK and not buying. Get your suicide insurance or left behind train is leaving soon or dont buy i dont care.

[Anonymous No.10948648]

>>10948463
some people are actual insiders here. the kinds of kids who frequent 4chan are the kinds of kids that will be most relevant to worldly change in the coming decades. just like there exists power in the proletariat, there exists power in the NEETs. we believe in them, and we want to help them.

[Anonymous No.10948706]

>>10947033
>What factors have you quantified to consider the probability of Chainlink’s Adoption? Because there are countless important factors to consider
Because before Chainlink SmartContract.com used to provide regular, centralized oracles, you think Sergey would've started decentralizing the entire project just for the lulz? No, they've been in this space for a few years and saw the shortcomings of centralized oracles.

[Anonymous No.10948737]

>>10947062
then go suck his dick you loser.

>>10947052
>it is a temporary solution toward an ultimate goal of the internet of finance.
Lmao go buy jibrel then you brainlet, go tokenize the world

[Anonymous No.10948753]

>>10948640
I’m not, I actually don’t care if you lose money. I just like making arguments as to why I think ChainLink is not nearly as important as people make it out to be. I guarantee I’ve spent more resources researching this project in the real world than 95% of Anons here. That is why I feel strongly in my position. I’ve done the ground work of attending conferences, meeting people, having calls, exchanging emails, etc. A lot of people clearly haven’t.

[Anonymous No.10948807]

>>10948753
name one oracle solution superior to chainlink

[Anonymous No.10948834]

>>10946746
You realize bitcoin was being used by drug dealers, hitmen, and sex traffickers for years on the dark web? Many of these people became millionaires just by forgetting about their wallets with bitcoin change.

[Anonymous No.10948861]

>>10948706
Yes, in some circumstances “it was an issue.” There are several other really advanced entities creating Smart Contracts for big business: Microsoft Azure, who everyone here insisted NEEDED ChainLink, is just one (turns out they don’t need a decentralized oracle network to meet their clients’ needs).

Understand that Sergey and his company are marketing a product and released it at the apex of a hype driven market. You’ve all been convinced that the ONLY way to get off chain data onto a blockchain in an acceptable way is through a network of decentralized oracles because you only research what smartcontracts.com is doing. You don’t look into Azure, Corda, Codius, etc, etc and see the menagerie of different solutions that are being and have been developed. No one is sitting around waiting for ChainLink.

[Anonymous No.10948951]

You all literally believe the entire economy is sitting around waiting for ChainLink. Just because they got the URL smartcintract.com and company name doesn’t mean they’re the only ones, or even the most significant ones developing smart contracts. Do you know how many innovative people this endeavor requires? Do you know how much successful development has occurred with absolutely zero contribution from smartcontract.com?

You all should just humor yourselves and research other entities. Don’t just take 4chan’s word that Möbius is a pajeet scam: research why that is the case. Don’t just accept that Azure needs ChainLink because Sergey once said he’s worked with MS on Cryptlets a couple years ago or because someone followed a ChainLink Twitter. ChainLink isn’t the only group figuring out oracles and Smart Contracts. The amount of innovative people in this space is impressive.

[Anonymous No.10948958]

>>10948861
it's either decentrlalized and trustless end to end or it isn't, private/closed/centralized oracles aren't much different from what Oraclize already does and if it was so great smart contracts would be mainstream already.
Chainlink has 0 competition

[Anonymous No.10949043]

>>10948958
You’ve bought that end to end decentralization is an absolute must because all you read is content put out by ChainLink.

Everyone was saying public blockchains are a must...well, turns out anything of any significance is being developed privately. Just look into Azure and Corda for starters. Pretend that ChainLink ISN’T Needed by everyone and see what is being developed.

[Anonymous No.10949100]

>>10949043
if it is the way you say it is then the entire crypto space besides btc monero and a few others is going to 0, which wouldn't be really that bad for me because I'm a btc maximalist mostly
Also good luck investing in corda/azure/whatever.

[Anonymous No.10949200]

>>10948753
share your research

[Anonymous No.10949239]

>>10949100
This is ultimately what will happen. There will probably be some transfer token like XRP too.

But no one is using these other shitcoin tokens for any real world applications. I’m actually interested in seeing what happens with ChainLink and swift and such. I’ll be surprised if they convince any company with large revenue to use ChainLink tokens. They clearly are trying to work around the cryptocurrency issue as much as possible because the bottom line is no one wants to use tokens.

[Anonymous No.10949269]

>>10949239
I'm not saying it won't happen, but out of all the coins on the market (excluding btc monero ect like I said before) Link is the only one I could see being used because the project actually needs to be decentralized to make sense, everything that doesn't desperately need to be decentralized will simply get forked and the tokens will go to the dumpster.
I'm like 70/30 btc/link and I couldn't be comfier

[Anonymous No.10949353]

>>10949269
Doesn’t necessarily need tokens though. They could distribute a bunch of intel SGX hardware nodes and such and decentralize the service and centralize the payment to use that service. (Not saying that will happen, but I know of a service that is approaching the issue this way: no shitcoin tokens needed)

[Anonymous No.10949377]

ofcourse it's never going to moon, it's utter shit.

[Anonymous No.10949414]

>>10949353
I agree and I raised similar concerns before but I believe that smaller customers will use the tokens. The big companies, I'm not sure, they could indeed use eachother's nodes and set up fiat payments between eachother for service instead of dealing with a volatile token

But why do we always apply double standards to link? there has been tens of coins that mooned into billions and none of their tokens were ever used as planned. You don't even need xrp to use ripple and it still went into tens or hundreds of billions at the peak. Speculation isn't going away that fast and I don't even need to wait till link hits 1000 or $100 to make it. $10 let's me retire for life

[Anonymous No.10949633]

>>10947077
Check’d. KEK WILLS IT

[Anonymous No.10950121]

>>10949414
People have seen that cryptocurrencies are useless. They won’t pump again off useless hype. Especially all these ERC shitcoins.

[Anonymous No.10950161]

>>10950121
people are brainlets, once they hear that something like SWIFT is asociated with link they won't even bother to check if the tokens are used, 99% of people in crypto still think that holding tokens = holding company shares and that there is a direct correlation between the project's utility and the price of the tokens

[Anonymous No.10950269]

>>10949239
They won't have to convince anybody to use/buy link tokens. It will be a service where customers pay fiat which is automatically converted to link behind the scenes to pay node operators.

[Anonymous No.10950668]

>>10946990
>>10947032
>>10947037
>>10947062
>>10947118
man i really fucking love you faggots

[Anonymous No.10950697]

>>10946746
Damn, you know your shit.
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning.

[Anonymous No.10950724]

Also at this point if you visit /biz regularly you should consider getting at least 1k LINK or so just incase it actually does something.

[Anonymous No.10950811]

>>10950724
That is a retarded way to invest money

[Anonymous No.10951414]

>>10950811
It used to be.

[Anonymous No.10951433]

>>10946746
>he thinks 99% of people on /biz/ are smart enough to hold all the way to the top
You're right. They are going to be poor forever. That doesn't mean LINK won't moon.
See >>10946846 for an example.

[Anonymous No.10951641]

>>10946746
You are right in certain respects of your argument. Where you go wrong is thinking outside the box for what is new and coming. Any dApp/use case made on Ethereum, NEO, EOS, Idc will use what oracle provider? Go through the hassle of a centralized provider? Or use the endless available data and nodes that LINK will provide. We may not see institutions use this thing at all, but if the latter use case is in fact bestowed on LINK you know damn well it will be worth more than $10.

[Anonymous No.10952379]

20k, 15k in a node ASAP and 5k selling increment Ally, fuck you dumb cunts I will be a big boi and by my own big boi boopies make mommy so proud woowww

[Anonymous No.10952548]

This will never moon because it is an erc20 shitcoin