/biz/ - Business & Finance

[Anonymous No.19089892]

Goldman banker here (pic related for proof) working for our crypto department. Chainlink is a massive sell right now. The technology is great, the idea for centralized oracles is great. Unfortunately chainlink itself is not. There is literally no reason for a token to be used for this type of technology. It is completely redundant and an attempt to make the early holders rich. Unfortunately for chainlink anyone can develop the same thing and not require people use their token. That’s what banks are doing right now, including my own. No change major banks are going to trust some token for their major transactions.

We have a small short position in chainlink, we can’t go too big here since crypto can get very irrational, but the long term fair value of chainlink is precisely zero.

[Anonymous No.19089911]

>>19089892
We know

[Anonymous No.19089934]

Fuck outta here yid

[Anonymous No.19089935]

already sold and put it in btc

[Anonymous No.19089967]

>>19089892
> GS has a small chainlink holding
I know for a fact they do not

[Anonymous No.19089975]

>>19089892
Link solves the lambo problem. Make sure you park it out front for me so everyone can see it.

[Anonymous No.19089976]

>>19089967
He said a small short, retard

[Anonymous No.19089980]

Not selling

[Anonymous No.19090044]

>>19089911
I now have an irl friend that believes this chart. You Jewish vampires should be ashamed. I hope you choke on your own vomit.

[Anonymous No.19090138]

>>19089892
You got the stinkies sweating hahaha

[Anonymous No.19090373]

>>19089892
>Goldman banker
>Trading unregistered securities
Give your dad back his bloomberg 2fa

[Anonymous No.19090379]

>>19089892
We all know you work equities in Dallas. Not impressed, fag.
Also, link token quite literally needed as it has a call & transfer function not available with ether. Dipshit. Learn to code, maybe you'll finally be able to move to the big apple.

[Anonymous No.19091179]

>>19089892
kys

[Anonymous No.19091180]

Ahem...

I hope you are sitting down...

You're missing the glaring inescapable fact that they ran an illegal fundraiser generating 32 million dollars and did nothing for 2 years other than get some chick to make a website last month. ChainLink is a scam, the tech isn't there, the idea even isn't there. It's so fucking obvious. Sergey is a massive scammer who's managed to keep people trailed along for a while. There's a reason they never advertised wildly or made huge public appearances. It's a slow vapourware exit scam. The idea is to vanish when people finally get fed up with their lack of progress in anything at all. That's the con, make it look like you're taking a very long time to do something until people leave, at that point it's not an exit scam but a 'oh well we tried but people lost faith and we couldn't continue bye guys I'm off to suck puréed Big Macs out of a Filipina's butthole'.

Weren't his lethargic repetitive speeches enough? The whole concept technically doesn't make much sense and practically can't fucking work. That's why nobody cares about ChainLink. You didn't keep it a secret for 2 years, everyone saw, no one cared. His average crowd was 8 people.

[Anonymous No.19091203]

ChainLink was issued as an unregistered security under United States law, this is a fact. ChainLink was an illegal ICO. ChainLink will never be listed on any mainstream exchange because it does not serve the average person it is for enterprise (as the scam script goes at least) ONLY. No average person is going to be running a 'node' or 'pooling'. This is irrefutable fact. Sorry about your victimhood, it's not too late to sell before it plummets and never returns due to being illegal in the US to ever use commercially.

Fucking retard.

[Anonymous No.19091214]

>>19090138
I am literally sweating here, fren

[Anonymous No.19091372]

It was obvious LINK was a scam from the very beginning. Asshurt faggots who missed out on ETH tried to shill LINK, but I could smell the bullshit from a mile away.

Sorry link faggots, maybe next time!

[Anonymous No.19091422]

If anyone can develop the same thing then how would you go about replacing town crier?

[Anonymous No.19091560]

>>We hold zero positions, the desk literally has 6 ppl and works on blockchain projects not crypto holdings

[Anonymous No.19091567]

>>19089892
I can tell just by the way you type that you’re retarded.

[Anonymous No.19091797]

Just look at how these link shills foam at the mouth when faced with the cold hard truth that they've been scammed KEK.

I cant imagine being emotionally invested in such a blatant scam.

[Anonymous No.19091837]

>>19089892
xrp is going to be the standard. ADMIT IT

[Anonymous No.19091956]

>>19091180
based and puréedpilled

[Anonymous No.19092156]

>>19091837
OP is Melon

[Anonymous No.19092227]

>>19090373

>Goldman
>Telling anyone, much less their own investors, what they truly believe.

We all know that LINK/BTC is at critical support right now. Let me make myself clear:

Ahem. YOU WILL NEVER EXTRACT ONE SINGLE SOLITARY LINKY FROM MY FAT FUCKING WALLET YOU FILTHY LYING COCKSUCKING DINOSAUR FUCKS. DIE SLOW.

[Anonymous No.19092277]

What’s ur kerb chado?

[Anonymous No.19092299]

>>19090379
Based and EXIF-pilled

[Anonymous No.19092356]

>>19092227
Sweetie, sorry you fell for this scam. you're only hope is the greater fool. This scam has broken cfc/aml/series funding regs. It has untold future liabilities.

[Anonymous No.19092444]

>>19092356

The scam has been ongoing long enough for regulators to regulate. Instead we have Google, Oracle, Microsoft, EEA, Baseline, etc propping them up and doing their DD prior to doing so. Get fucked with your low rent FUD. What jurisdiction does the CFC have over the Cayman's BTW?

[Anonymous No.19092472]

>>19092299
>>19092444

Also, checkem faggot.

[Anonymous No.19092504]

>1 post by this ID
>30 replies
And I thought Linkies had abandoned the board

[Anonymous No.19092516]

>>19089892
>We have a small short position in chainlink, we can’t go too big here since crypto can get very irrational, but the long term fair value of chainlink is precisely zero
This last sentence exposed you larper

[Anonymous No.19092529]

>>19089892
Obvious LARP

Jews dont share intel like that

[Anonymous No.19092549]

>>19092444
>google
three blogposts about a collaboration confirmed by dev month ago
>oracle
headed by a balding fat mutt soi named fernando that held link bags and got demoted
>EEA
several sources sources confirm this is a pay2enter ordeal and non of the companies take links membership serious
>Baseline
EY partnership proven fake 4 days ago

kys my dude. Also stop lying about R3 corda integration

[Anonymous No.19092637]

>>19092549

I can't wait to drink your fucking milkshake too. I will eat you and bury you underground.

[Anonymous No.19092690]

>>19092549
>>19092549
I wonder if there are any retards that actually listens to shit like this

[Anonymous No.19092739]

Reminder, LINK is absolutely fucking useless unless youre paying for fees on a pseudo decentralized collateral system. Azure, Corda and Compound do what LINK does and better.

[Anonymous No.19092747]

>>19092444
>The scam has been ongoing long enough for regulators to regulate.
These things take a while, took 5 years for btc to be regulated. still tones of these US based ICO scams running. took 10 years for madoff & he was dealing with a large amount of money. this is small fry.
>What jurisdiction does the CFC have over the Cayman's BTW?
kek, CFC is Controlled Foreign Corporation, its a law to stop this shit. Set up a company in Cayman but run it from the states, you've got a Controlled Foreign Corporation. So retard, Chainlink/smartcontracts is a US corporation that has to follow US law & pay US taxes.
Look it up
InB4 MUH Nominee director

[Anonymous No.19092753]

Sorry but investment banking firms (i.e. Goldman et.al) know fuck all about where prices of any asset are going. Next time larp as someone in a hedge fund.

Nice try though.

[Anonymous No.19093102]

>>19089892

You're delusional to believe that any of its short term value reflects fundamentals. Speculation combined with the hype around its technology and success so far will make the token explode in this coming bull run.

Nonetheless the fundamentals are good and your not understanding the need for a token is the biggest giveaway that you don't really get the tech. The ERC-667 token is necessary to avoid bogging down the ethereum network because it combines multiple functions into one. More than that, the whole point of tokens is to create economies surrounding particular services, so a token's value reflects the demand for and value captured by its respective service. That's all so you don't have to have the network run/collateralized by cryptos or fiat whose values respectively are affected by many factors completely unrelated to the network in question.

[Anonymous No.19093230]

>>19093102
Imagine typing up a blog post in a LARP thread, maybe OP has a point

[Anonymous No.19093265]

>Goldman banker here
You have no power here, schlomo.

[Anonymous No.19093346]

>>19093102
>buzzwords buzzwords buzzwords
90% of the shit in the original chainlink whitepaper isnt even complete. Its a fucking useless token. You links always larp that T sigs and Mixicles are complete. But theyre not (and never will). Its a fucking JSON parser fundraiser token

[Anonymous No.19093430]

>>19089892
same but first off youre not in IBD if youre doing crypto bs. which floor u on? 4?, pussy quant loser?

[Anonymous No.19093900]

>>19092356
really? because all I see is text on the internet

[Anonymous No.19094396]

>>19092529
we do
it gets mixed up in the pilpul tho

[Anonymous No.19094514]

>>19093900
I've already answered the other link cultee
>>19092747

You know you can use google to look things up! It's an amazing tool that can teach you things. That is assuming you have the ability to learn.

[Anonymous No.19095128]

>>19090044
Your friend is a retard

[Anonymous No.19096151]

DR;NS