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/biz/ - Business & Finance

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18482272 No.18482272 [Reply] [Original]

I don't give a fuck who's tweeting about Chainlink. We're still gonna make it bros.

>> No.18482281

>>18482272
$1000 EOY

>> No.18482308

>>18482272
>>18424242
sergay betrayed us all, we were supposed to be all in this together

>> No.18482324

>>18482281
fud $10K EOY

>> No.18482341

What was the crypto market cap during the previous bull run?

>> No.18482521

>>18482341
Bitcoin MC was 7 billion in May 2016

>> No.18482636

Chainlink is network that reads JSON files and sends the data to smart contracts. (That's called an "oracle".)
Useful, but not a good investment since the idea can easily be copied and 66% of the tokens available are not in circulation.
Also, although they claim that it solves the "oracle problem" (The oracle problem being that oracles are centralized, not decentralized.), it doesn't, since the data being fed through the ChainLink network still comes from a centralized API feeding data to ChainLink through a JSON file.
For some reason link holders think this gives it a future valuation of at least $100,000,000,000, which is absolutely delusional.

>> No.18482698

>>18482272
btc is 6k rigght now while link is 3.00

>> No.18482723

>>18482698
The chart was made in February by someone on twitter

>> No.18482739

>>18482636
My dearest friend, 'tis with immense pleasure that I inform you that your letter has found safe travel to my destination and landed in my hands. However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you, knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to open it and refused to read the message contained within. Surmising your intentions, there exists no doubt in my heart regarding your sincere worries for my financial well-being, but alas your attempts to convince me to modify my investment strategies shall regretfully remain futile, as my stubbornness in this matter has indeed been sealed irrevocably and no other voice shall rock its imperturbable foundations. Allow me then to reiterate my will once more, and do your best to forever remember it for no change will follow: I shan't part ways with my beloved asset for it is my utmost belief that I have invested wisely and foresee infinite potential in its future, and therefore no other possession in this world shall change my decision, not even a mountain of gold! For my possessed asset is indeed fated to be worth more than any other riches in the world. We shan't speak of this no more. Sincerely yours, your beloved friend.

>> No.18482765
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18482765

lambo fucking wen

>> No.18482804
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18482804

>>18482765
the fuck is this retard doing

>> No.18482895

>>18482739
I've been crunching some numbers, researching how much api providers charge right now, looking into Oraclize and other oracle services customer-base and how much are they paying...
And I've came to the conclusion that LINK holders are completely out of their mind. The network just WON'T have nowhere near the fee revenue to justify the price predictions that are thrown around in this board.
If we're LUCKY, we might see a 10MM USD a YEAR at the beginning at the network. It's fucking ridiculous.
Even if we the network eventually gets adopted by a few banks for derivatives trading purposes (which WON'T happen in less than 03 years, you idiots have no idea how far away smart contracts are from being actually usable) it'll be HARD to get over 100 MM usd a YEAR in network fees. Shit just isn't that profitable.
So yeah, LINK is basically overinflated in price because delusional neets bought into the non-sense from a group of LARPERS and didn’t actually do any research.

>> No.18482940

>>18482895
My dearest friend, 'tis with immense pleasure that I inform you that your letter has found safe travel to my destination and landed in my hands. However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you, knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to open it and refused to read the message contained within. Surmising your intentions, there exists no doubt in my heart regarding your sincere worries for my financial well-being, but alas your attempts to convince me to modify my investment strategies shall regretfully remain futile, as my stubbornness in this matter has indeed been sealed irrevocably and no other voice shall rock its imperturbable foundations. Allow me then to reiterate my will once more, and do your best to forever remember it for no change will follow: I shan't part ways with my beloved asset for it is my utmost belief that I have invested wisely and foresee infinite potential in its future, and therefore no other possession in this world shall change my decision, not even a mountain of gold! For my possessed asset is indeed fated to be worth more than any other riches in the world. We shan't speak of this no more. Sincerely yours, your beloved friend.

>> No.18482978

>>18482940
Oh, my delusional linkies. When will you ever learn?

>> No.18483671

>>18482978
$1000 EOY