Link is dead, isn't it

[Anonymous No.16722111]

What could possibly pump it

[Anonymous No.16722116]

>>16722111
L
I
B
O
R

[Anonymous No.16722122]

only thing will pump it will be adoption

[Anonymous No.16722127]

>>16722111
SCAM

[Anonymous No.16722141]

>>16722122
I honestly thought maybe sibos, google or something would have made a dent in the price but obviously it's going to be a long wait if anything is to come from this crap

[Anonymous No.16722143]

Steaking will pump it

[Anonymous No.16722148]

>>16722143
When?

[Anonymous No.16722151]

>>16722111
This may with 1% of the top holders still accumulating.

[Anonymous No.16722158]

>>16722141
me too, but i think the singularity is one long drawn out one that will have to be zoomed out in like 10 years to witness

[Anonymous No.16722159]

>>16722111
Might moon in late 2020 or def 2021.

Buy Pegnet in the mean time.

[Anonymous No.16722188]

>it has just begun
>therefore, it's over

[Anonymous No.16722204]

>>16722122
nah there will be two more speculative pumps and the second one will immediately precede adoption

[Anonymous No.16722217]

>>16722148
Sometime before Jan 12

[Anonymous No.16722223]

>>16722122
There is no way that Chainlink will gain adoption with the current gas rates, and desu it looks like they're not even trying with the whole focus on DeFi. Now what you need to know is that DeFi, and Synthetix even more so, is just a pyramid scheme with asset trading volumes literally the size of a fly's shit on the wall. Notice I said trading volumes, because that's not what they want you to focus on. Synthetix would want you to look at the amount staked, because $200M (or whatever it is currently) in tied up capital looks much better than whatever pennies people are actually trading their shitty synthetic assets. It's like the Herbalife businessmodel, they have close to a quarter of a billion dollars as the counterparty for non-existent trading, because nobody gives a shit about the synthetic assets, they just want muh 150% APR.

Long story short, Chainlink is currently so focused on pandering to a pyramid scheme that they have not produced anything technologically meaningful since launching their shitty mainnet, and they don't seem to see anything wrong with this, literally introducing heartbeat price feeds for synthetix assets with 0, I'll say that again, ZERO trading volume. At the same time, we also have not gotten any news about real-world (non crypto scam) adoption for over 6 months now, and it doesn't seem like we'll necessarily ever get any again.

For added keks, whip out your calculator and see how much a single price feed with 21 nodes would cost at market rates (call it $0.3/call to be conservative) and realize that nobody, NOBODY will ever use this shitty network unless Chainlink subsidizes 100% of the calls, which they have been doing, and we have yet to see 1 mainnet call that wasn't paid for by cucked LINK holders. Synthetix, the second biggest DeFi app could literally not afford link for a single price feed if they had to pay for it themselves.

Chainlink is absolutely, utterly fucked beyond belief.

[Anonymous No.16722236]

>>16722223
thank goodness i sold

[Anonymous No.16722469]

>>16722223
>muh gas rates
>muh Defi is a pyramid scheme

gj shitting out that wall of text to obfuscate the fact that this is what your little fud boils down to.

[Anonymous No.16722476]

>>16722223
This

[Anonymous No.16722477]

>>16722111
Token not needed. Read the white paper, it was shadowforked

[Anonymous No.16722500]

>>16722477
>Token not needed.

[Anonymous No.16722523]

>>16722151
if they are still accumulating that just means it's in their interest to suppress the price for as long as they accumulate

which tends to be years

[Anonymous No.16722524]

>>16722469
A+ for reading comprehension. How about you try to counter my "little fud" you silly little moonboy? I'm serious. If you can provide a convincing counter argument to the points I laid out, I'll send you 100 LINK right now.

[Anonymous No.16722545]

>>16722524
As for the gas cost thing:
1) even current gas prices are nothing compared to the cost savings related with the automation provided by mainstream smart contracts (derivatives, bonds, basic financial products, ...)
2) many efforts are underway to reduce gas costs, both on the side of ETH and Chainlink
3) Chainlink is blockchain agnostic, so gas costs are all but irrelevant

As for DeFi being a pyramid scheme; DeFi stands for "decentralized finance", which is basically why crypto (starting with Bitcoin) and "smart contracts" (invented in the 90s) were even invented.
Calling that a "pyramid scheme" is like calling all hammers "murder weapons" because people have been killed with them.

[Anonymous No.16722556]

>>16722148
This year propably

[Anonymous No.16722565]

>>16722524
>what are threshold signatures
gas costs irrelevant

[Anonymous No.16722566]

>>16722524
you say you have proof of your claims yet you dont put out any specific references to them. yet you tell us to do the math ourselves on buzz words. if you actually understood what you were trying to claim you wouldn't sound like an idiot trying to sound smart

[Anonymous No.16722633]

>>16722223
>Chainlink is currently so focused on pandering to a pyramid scheme that they have not produced anything technologically meaningful since launching their shitty mainnet

https://chain.link/mixicles.pdf
https://blog.chain.link/threshold-signatures-in-chainlink/
https://arxiv.org/abs/1909.00938
https://blog.enigma.co/enigma-and-chainlink-announce-collaboration-and-integration-7d2a21ae5d91

[Anonymous No.16722705]

>>16722633
Yeah, that part was pretty baffling.
Arguably the highest output of technologically meaningful progress by Chainlink came after mainnet.

[Anonymous No.16722890]

>>16722633
>More whitepapers and shitcoin partnership announcements.
Meanwhile the original wp is about 10% implemented and Chainlink isn't live on any other chain than Ethereum because they don't know how to port over the token. The network is a KYCd POS, but it doesn't even matter because literally nobody is using it (CL paying for their own heartbeat calls is not usage). See you guys in 2030, and that's being optimistic.

[Anonymous No.16722900]

>my shitcoin will moon any day now, the other shitcoin holders say so as well!

[Anonymous No.16722929]

>>16722545
>As for DeFi being a pyramid scheme; DeFi stands for "decentralized finance", which is basically why crypto (starting with Bitcoin) and "smart contracts" (invented in the 90s) were even invented.
Calling that a "pyramid scheme" is like calling all hammers "murder weapons" because people have been killed with them.


24h total volume 178k. DigiByte, fucking DIGIBYTE ALONE has almost 5x that. 90% of all Synthetix assets have ZERO TRADING VOLUME, and IETH/SUSD, the 9th most traded asset has $7.91 of volume in the last 24h.

*inhales* BHHHHHAHAHAHAHAHAHHAHAAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHA

A literal *killer* usecase!

[Anonymous No.16722930]

>>16722890
>wah wah wah wah wah
lol seethe more. keep researching my investment, faggot, keep doing my homework lmao

[Anonymous No.16722933]

>>16722929
forgot pic related

[Anonymous No.16722939]

>>16722900
>>16722556
>>16722500
>>16722477
>>16722477
>>16722930
>>16722890
>>16722705
>>16722633
>>16722476
>>16722566
>>16722565
>>16722929
>>16722545
>>16722524
>>16722469
>>16722236
>>16722223
>>16722217
>>16722204
>>16722188
>>16722159
>>16722158
>>16722523
>>16722151
>>16722148
>>16722143
>>16722127
>>16722141
>>16722122
>>16722111
you were the greater fool

[Anonymous No.16722944]

>>16722930
I am researching your investment kid, and it's not looking good for you, kek. Maybe you should have done your homework before you invested.

[Anonymous No.16722948]

>>16722944
lmao absolutely seething

[Anonymous No.16722965]

How does the Reddit mind process this thread?

[Anonymous No.16722967]

>>1672252

You just admitted you hold link you immense poofta

[Anonymous No.16722987]

>>16722111
did we all get memed by pajeets? can it be? is it finally over?

[Anonymous No.16722996]

>>16722524
You just admitted you hold link you immense poofta

[Anonymous No.16722997]

thanks. just sold the stinkies for more quant

[Anonymous No.16723000]

>>16722141
All those things got us to $4, which was a 20x from ico

[Anonymous No.16723006]

fuckin ingrates, youll be punished now

[Anonymous No.16723065]

>>16722996
>>16722967
Stop using that derogatory term

[Anonymous No.16723125]

>>16722890
If you had actually read those whitepapers you wouldn't be worried about current call rate.
They're experimenting with SNX because that's how this works. Small steps, experiments.
Amazon at first was a complete mess too, it wasn't launched completely ready.

[Anonymous No.16723139]

Price reflects its need. It’s still overvalued

[Anonymous No.16723143]

>>16722929
Synthetix is one of the projects currently using Chainlink, and is trying to make its way.
In case you missed it, DeFi absolutely needs oracles to even exist, and Chainlink is just getting started.

>I'm early, and for this reason I am out
This is you.

[Anonymous No.16723148]

>>16722890
>th-those don't count!

[Anonymous No.16723156]

>>16723139
Price reflects speculation.

[Anonymous No.16723183]

>>16723156
this

[Anonymous No.16723243]

>>16722111
>What could possibly pump it
Unirocically what og Marines knew would cause the Moon mission. Network usage. If you don't understand this you don't understand link.

[Anonymous No.16723600]

>>16723243
Network usage will play a part in it, sure.
Link's market cap will have to reflect a certain proportion of the total value being transacted via the network.

But what will also drive the price is the thing that's 100% responsible for the Bitcoin and ETH pumps: pure speculation.

[Anonymous No.16724626]

>>16722929
just kys

[Anonymous No.16724795]

>>16722111
chainlink is a scam

[Anonymous No.16725244]

>>16722122
>>16722222

[Anonymous No.16725354]

>>16723125
Amazon wasn't a complete mess. And what does Amazon have to do with Chainlink?

Decentralized Finance is a meme that no one will be talking about in 6 months, just like no one was talking about it 6 months ago. Just like IEOs, decentralized exchanges, privacy coins, smart contracts, and every other bull shit application for a blockchain.

Blockchains are so incredibly far from being able to compete with current databases in any way. No one is going to use any of this technology for a LONG time...if ever.

[Anonymous No.16725439]

>>16723125
>In July 1995, the company began service as an online bookstore.[14] The first book sold on Amazon.com was Douglas Hofstadter's Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.[15] In the first two months of business, Amazon sold to all 50 states and over 45 countries. Within two months, Amazon's sales were up to $20,000/week.[16] In October 1995, the company announced itself to the public.[17] In 1996, it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15, 1997, at $18 per share, trading under the NASDAQ stock exchange symbol AMZN

What a complete mess!

If you want a complete mess: look at Chainlink. Mainnet out for over six months and not a single viable use case. They're trying to push the DeFi meme...I work in Finance. No one in the industry has heard of nor has any interest in this nonsense. You really think you're going to have p2p financing anytime soon? Do you know how ridiculous that sounds? 1000 Haitians in Miami would take loans with stolen identities and a penny wouldn't get recovered. Then what? Is your decentralized insurance company going to bail you out?

Come on.

[Anonymous No.16725479]

>>16725439
Unironically just sold

[Anonymous No.16725532]

>>16722111

Link is not our board culture. Leave.

[Anonymous No.16725703]

>>16725439
>I work in Finance. No one in the industry has heard of nor has any interest in this nonsense.

So you’re saying we’re early adopters? That’s really flattering, now fuck off back to your boomer wsj papers and cross fingers that trump keeps making the Fed his bitch so your stock market can pump out some more gainz. Fuckin finance my ass. It’s all a pyramid scheme, the trick is convincing powerful people to back your particular scheme

[Anonymous No.16725771]

I've honestly lost faith in Link. Never selling, but been holding since day 1 and can't take this shit anymore. We got pump and dumped. There will be no eth like bullrun. We are going absolutely nowhere but down unless crypto as a whole enters another bullrun. I hope the network can get some real usage soon.

[Anonymous No.16725826]

>>16725771
>I've honestly lost faith in Link.
Me too and I am an OG ICO buyer. I've had enough and already sold this dogshit. It's clearly fucking over.
Going all in BSV now like the rest of the OGs.

[Anonymous No.16725869]

>>16725826
lol. good one.

[Anonymous No.16726603]

>>16725354
>Internet is a messy shit that only uber nerds understand and nobody will ever use it.

This is you

[Anonymous No.16726857]

>>16725826
whats so special about BSV? everybody and their pajeet driver is shilling this

[Anonymous No.16726881]

>>16726603
No it's not. Stop comparing Chainlink to the fucking internet.

[Anonymous No.16726901]

REPEAT AFTER ME

RENT. FREE.

[Anonymous No.16726983]

>>16726857
It’s creator is Satoshi