/biz/ - Business & Finance

[Anonymous No.15706549]

>Rent free

1k eoy

[Anonymous No.15707396]

reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

[Anonymous No.15707409]

>>15707396
Fundamentally, I’ve noticed a lot of new posters in the last 69hr (SIXTY NINE) asking about Chainlink and just wanted to warn you. Chainlink is shilled HEAVILY here and it’s very hard to understand so this background is crucial to ensure you stay safe.

Basically, a bunch of RACIST WHITE CIS MALE 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.

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 (IT WAS BESIDE THE FUCKING TOILETS FOR FUCK'S SAKES, YOU COULD HEAR THEM FLUSHING), literally no news or partnership came from the event.

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.
The coin is HEAVILY manipulated by a literal TRANNY DISCORD who pump and dump this coin more than their boyfriends pump and dump hot cum into their asses, and the supply is dried up from huge fucking chink whales (xi jinping is rumoured to hold link) who accumulated below ICO price to create a artificially lower supply.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser (OH MY GOD ITS JSON PARSER...) for smart contracts (LOL HOW CAN A CONTRACT BE "SMART"???), would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. You're literally just buying a wh*tepaper.

They only have 2 devs who are literal pajeets who are payed in big macs (non beef) and Surgay NAZAJEET is a literal psychologist (trusting a shrink? is he gonna tell us to go clean our room next?). So FUNDAMENTALLY, it's a scam, ok thanks.

Now go do the needful and fundamentally buy a real coin with fundamentals like [insert pajeet p&d #23457].

[Anonymous No.15707428]

>>15707396

P E E P E E
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P
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[Anonymous No.15707464]

Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life. Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night. Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over. Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology. Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over. Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY. This is a 4chan meme to siphon money out of the hands of the already vulnerable.

[Anonymous No.15707945]

>>15707396
This is actually pretty decent FUD anon. It's all true, for now. Once these partners DO start using Chainlink's network, it will moon just like ETH did during the shitcoin ICO explosion. The difference is that people will actually need smart contracts to do something other than give retail something new and shiny to throw their money at. If it really starts cutting costs and bringing data to automated DLT solutions, it will 20-50x from here.