/biz/ - Business & Finance

[Anonymous No.23013720]

It's not a matter of if, just when. You guys have no idea how early you are. I'll be surprised if even 10% of you actually make it to see the real rise, though.

[Anonymous No.23013752]

pretty accurate picture for how it feels to hold chainlink

[Anonymous No.23013782]

you burnt your own field

[Anonymous No.23013804]

>>23013720
You're genuinely suggesting it's not valued out. 35% of it is held by one wallet. Sergey would be the richest person in the entire world in these scenarios.

[Anonymous No.23013809]

1k eo2030 confirmed.

[Anonymous No.23013830]

I'm HOMOSEXUAL and I hold chaiNLINK

[Anonymous No.23014157]

>early

It had its moment in the sun and there is basically no journalism or any normie awareness anymore. It's literally over until that fat faggot actually releases real working features which he never will. You're delusional.

[Anonymous No.23014187]

More people that bought LINK <$1 will hold to $1000, than people who bought at $10.
That's why oldfags need to stop stressing about muh normies and muh secret club. None of the latefags will make it anyway.

[Anonymous No.23014191]

People new to /biz/: Yes, Chainlink seems like a promising project. Yes, it seems like the team is full of geniuses. Loads of partnerships. The world is going to run on LINK! Right?
Before you buy, let me tell you a story.
I was visiting San Francisco to see one of my friends. We went to a strip club, and while I was there I saw Sergey, surrounded by women. He was throwing tons of money at them, but not just bills. It was stacks upon stacks of $10,000, sealed up with white paper bands like he had just come straight from a bank.
I went up to him and congratulated him on the success of Chainlink as of late (this was about two months ago), and he started laughing. He took a hefty swig from a bottle of Dom Perignon and said, "Yeah? You think I care, stinky?"
Confused, I asked what he meant, and said that he had obviously put a lot of work into LINK and he should be proud.
"Fundamentally, I don't give two fucks about Chainlink, kid."
He was about to say something else but one of the strippers tapped him on the shoulder. Sergey pulled out from his pocket the biggest ziplock bag full of cocaine I've ever seen in my life. It looked like one of those gallon bags, almost bulging at the seams. The stripper ran off into a back room with it.
He then pulled out a Zippo lighter.
"You wanna know what I think about Chainlink?"
He snapped his fingers and a stripper handed him a bottle of Hennessy. He then pulled about 20 stacks of bills from a duffel bag, threw them on the floor, poured cognac all over them. He flicked his Zippo and dropped it onto the pile. Almost instantly the whole stack caught.
I stared at him, speechless.
"It's called a 'PUMP and DUMP,' kid."
He laughed as he watched the pile burn before losing interest and going into a back room with his entourage of strippers following carrying duffel bags full of what I assume was money and coke.
This is the man you are supporting by buying LINK.

[Anonymous No.23014207]

>>23014191
This is a gay copypasta. No newfag should believe this shit!

[Anonymous No.23014214]

>>23014187
This. All the normalfags will get shaken out by 50% corrections along the way, like we have just seen.

[Anonymous No.23014222]

>>23013804
We know. The thing is, he’s already loaded. Even if he isn’t Satoshi, he was cloud mining bitcoin from the very beginning and has obviously ridden both ethereum and yield farming.

[Anonymous No.23014224]

>>23014207
there hasn't been any new fag on here for a long time

[Anonymous No.23014259]

>>23014207
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

[Anonymous No.23014299]

>>23014224
there was a brief influx during the pump to $20 then the yield farming shitshow, but they're all gone again.

[Anonymous No.23014366]

>>23013720
Ye ye ye 1000 eoy we get it.
EOY 2035 because we’re soooo yearly.

[Anonymous No.23014371]

>>23014259
I know this is just bull shit but even if it weren’t: if Chainlink goes to $350, like ethereum is at now, I’ll have nearly 18 million dollars.

[Anonymous No.23014388]

All of the OGs are just holding and waiting. As a nulinker I must bear the shame of wasting my life posting on /pol/ instead of trying to get rich. Now I have only a few linkies but they are mine and I shall buy the dip.

If you get Fudded out of your links you are a fool. I wouldn’t even sell if it crashed to .01

[Anonymous No.23014395]

>>23014299
they are still here, you see lots of XRP threads

[Anonymous No.23014404]

God I'm so excited for you guys

[Anonymous No.23014406]

>>23014371
I have a PhD in crypto economics and mathematics. Crypto incentives in Chainlink are a legitimate concern. I saw Ari Juels speak at a conference recently where he mentioned tokens and asked him about the token economics of a node staking system like the Chainlink network is planning to use. The problem is that node operator incentives are fuzzy at best and not even figured out fully by the team (see the gitter for Steve stuttering about this). When I brought it up to Ari Juels, I told him that in the way the network is expected to be used, the fees payable to node operators would actually decline as requests become more ubiquitous because as the network grows it becomes cheaper to use. This makes sense if you took a few advanced cryptoeconomics courses. Ari admitted that it was a great question but that they were "actively pursuing research in that area." I sold my LINK immediately after that and saw a significant dump on the binance charts. It's pretty clear these guys are pulling you along making you think they're doing something revolutionary when the incentives aren't even fully determined yet.

[Anonymous No.23014411]

>>23014259
Too true, it's why they never moved the stock market to those clicking clack number counting wires and metal plates.

[Anonymous No.23014428]

i dont understand these threads
like, isnt the entirety of crypto considered in a bullrun rn?
it's super likely we get a 2017 level pump again
wtf is special with chainlink then? literally every pajeet and their grandma is going to make it

[Anonymous No.23014429]

>>23013720
Please don't pump it yet.

[Anonymous No.23014465]

>>23014428
Nothing
Just OG stinkers looking to dump their bags on newfags.

[Anonymous No.23014477]

>>23013720
thats if sergey stops selling links

[Anonymous No.23014505]

>>23014429
you’re good anon it won’t ever pump again

[Anonymous No.23014506]

>>23014395
You are very smart anon

[Anonymous No.23014548]

>>23014366
you're being sarcastic, but actually 2030.

[Anonymous No.23014577]

>>23013720
So you're telling me this project has confirmed ties to the banking cartel (Iso 20022 compliant, just in time for the Psd2 directive), the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, Microsoft, IBM, docusign, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept himself, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives, logistics and insurance possibly trillions in saving, AND its the only project of its kind due to its blockchain agnostic and decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 12 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit and ACTIVELY fud their own investment instead of shilling it, because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market, the same neets who first called btc and eth when no one was taking crypto seriously and have harnessed the power of weaponized autism and meme magick to put Trump in the white house? Do you realize how delusional and insane that sounds? Personally I'm all in.

[Anonymous No.23014627]

>>23014577
So you’re saying it’s xrp 2.0 and we bleed down to $0.16 from here????? Wow personalee im all in!!!!!!!!

[Anonymous No.23014636]

>>23014577
Kek I remember when I first read this I eas like holy shit. Too bad it was all fake

[Anonymous No.23014702]

>>23014577
Checked and basedpilled

[Anonymous No.23014723]

>>23013720
>1 post by this ID
Every time.

[Anonymous No.23014993]

>>23013752
Lmao

[Anonymous No.23015076]

>>23014406
This one is one of the best pasta

[Anonymous No.23015115]

>>23014577
LINK is /biz/ crack, plain and simple.

>Plausible but overly technical use case that makes people investing in it feel smart
>Plausible relationships between coin creators and an existing industry that make people investing in it feel smart
>Plausible "industry insider" LARPers who come to /biz/ to divulge SECRETZ, which convinces the aforementioned wannabe-smartypantses that they're part of something revolutionary that has flown under the radar so far

Truth is, the decentralized oracle problem doesn't have a market yet, and won't for many years.

We're at a phase where smart contract adoption will happen regardless of centralized/decentralized oracles, because smart contracts solve several existing business problems. No one gives a fuck whether their oracle is centralized or decentralized yet, and when Linkies realize they're investing in the crypto equivalent of the Sega Dreamcast, LINK will dump faster than anything you've ever seen.

The Wojaks will be delicious.

[Anonymous No.23015168]

>>23013720
So early they're still writing an actual white paper FUCKING KILL ME NOW ITS BEEN THREEE YEARS NO STAKING AND NOW THEYRE WRITING ABOUT WHAT THEY WANT TO DO AGAIN THEY DIDNT EVEN MANAGE IT THE FU+IRST T+FUCKING TIME AAAAAAAAGHGAHAGHGHGAHGA

[Anonymous No.23015273]

>>23014259
Like >>23014411 says, TV and newspapers have nothing to fear from this web thing. People want news from trusted sources, and advertisers like knowing who they spend their money with.

[Anonymous No.23015280]

Is this thread just a bunch of fud pasta? Hmm why are we trying to disperse them? Dump soon??

[Anonymous No.23015352]

It's good to see the fud starting back again. That is defo bullish for Link.
Thanks guys, I was getting a little worried then for a while.

[Anonymous No.23015400]

>>23014157

The network is literally being used every day. Jobs and nodes are steadily increasing. What the fuck would you expect from a new kind of network, except gradual adoption and use?

[Anonymous No.23015669]

>>23015400
ERR MayBE SOME USAGE THAT INVOLVES SPENDING MONEY AND NOT CHANGING THEIR PLANS AFTER 3 YEARS WITHOUT STAKKING YOU FUCKING STUPID FUCKKKK OMG ITs ALL jUST A CUNTING PRICE FEED RUN BY FUCKING SERGGEY AND HIS BROS WHY DONT THEY JUST USE A SINGLE ORACLE THEY RIN IT WOULD BE FUKING CHEPAER

[Anonymous No.23015717]

>>23015669
You have the vision of a boomer. If you hold link you'll sell before it hits $100.

[Anonymous No.23015892]

Idiots discussing about tripple digits LINK are so cringe. 1 BILLION tokens you retards.... sirgay keeps dumping. It’s just impossible

[Anonymous No.23015912]

>>23015892
Imagine how you're going to feel as it flies past $80,000 per LINK

[Anonymous No.23015953]

>>23015912

[Anonymous No.23015984]

>>23015912
I'm a developer and I looked over the Chainlink white paper and documentation, as well as the blog post by Google. Here's a few reasons I would not use Chainlink for my own apps:

1. The current "mainnet" is not decentralized. there's no way to decentrally assess if an oracle is any good or not.

2. It took them 2 years to basically build centralized oracles, which is extremely unimpressive (and already exists). I do not have much hope for the future or the competency of their engineers.

3. The white paper doesn't coherently describe how they plan on making their centralized design decentralized one day. They broadly go over their "decentralized" reputation strategies as if creating sybil resistant decentralized reputation is something of an afterthought, when it's actually an unsolved computer science problem. They've had 2-3 years and 30mil in funding to actually publish technical specifications for this and instead they decided to build trivial centralized oracles. Extremely worrying. It kind of reminds me of IOTA "we'll remove the coordinator later". No you won't. You don't know how.

4. News outlet and journalists keep reporting on "partnerships" with Google and Swift. But if you actually read the source for the "partnership", it's just a blog post by Google Cloud that promotes their own service (BigQuery) and shows an example about how Chainlink users can use Google Cloud if they want. In no way is Google partnered or planning on using Chainlink themselves. The Chainlink codebase is extremely trivial to rebuild if Google wanted to get into the blockchain oracle space.

While there's certainly profits to be made by trading Chainlink, I recommend you do not HODL it with the hope that one day developers will adopt it as their source for decentralized oracles. That certainly won't happen.

[Anonymous No.23016051]

Is it true guys? Is the dream really over?

[Anonymous No.23016079]

I'm really excited for all you chain link holders out there, you have no idea how rich you're all going to be!!

[Anonymous No.23016089]

>>23016051
I unironically market dumped my stack of LINK yesterday and put it all into Mobius. I'm sorry but the lack of updates, developments, communication and quite frankly the tasteless overshilling of LINK around these parts has ruined my enthusiasm for it. I don't really think Sergey has his heart in Chainlink anymore. Something changed along the way, I can feel his enthusiasm for it waning similarly to how he just up and left NXT like a thief in the night. He probably had a great time raising millions of dollars with the ICO and being a famous celebrity on biz, and I'm happy for him, I really am, but he lost his hunger for success along the way and now he's just hungry for Big Macs. The Bitcoin superconference will likely be a total shitshow. I've no doubt the price will dump within minutes of Sergey staggering off stage after another tedious regurgitated speech where he doesn't even mention Chainlink. He's probably just going there for the free buffet, alcohol and hookers. Look, I really enjoyed holding LINK, it was a pretty cool bag to carry for a while, but Mobius is definitely the new wave of oracle tech and has all the momentum now. I can't let it pass me by.

[Anonymous No.23016751]

>>23013720

i only 64 link. i wont make it

[Anonymous No.23016779]

unless each link is 10k like bitcoin i won't make it with 64 link

[Anonymous No.23017296]

All so fucking tiresome.

[Anonymous No.23017335]

>>23016779
So you have to wait 6-8 more years... you can do that, right anon?

[Anonymous No.23017337]

>>23014428
>wtf is special with chainlink then?

[Anonymous No.23017347]

>>23014191
I sold all my link to get core, but Sergey sounds like a pretty cool guy

[Anonymous No.23017354]

>>23016751
how?
just set up a dollar cost average weekly buy and have 10% of your paycheck into this crap.

[Anonymous No.23017411]

>>23017347
Sergey is a fucking nazi and an anti-semite! See the pic!

[Anonymous No.23017477]

>>23014259
Damn. Sounds like you really know your shit. Thanks for the insight Anon.

[Anonymous No.23017571]

It’s a pandemic and few have any spare funds to throw at link or any other investment. FUD is the IQ test, but most wont have the liquidity to buy even a 1/3 suicide stack.

[Anonymous No.23017840]

>>23013720
Threads like this give me alot of hope for the future and for chainlink. Your Fud is healing my soul.

I know you sold at 15 and want to get in again. But no chance im not selling a single linkie. Get reckt when we go to 20 again and beyond.

[Anonymous No.23017986]

>>23017354

i am a neet. i have no income

the money i used to buy link was from odd jobs

[Anonymous No.23018041]

Is this the thread where we copy paste old Chainlink FUD?

It's literally just a json parser you faggots.

[Anonymous No.23018295]

>>23014259
One of the best pastas, remember seeing this upvoted to the top of cc posts back in 2018 haha

[Anonymous No.23018404]

>>23014259
Thank you for caring about our financial well being.

[Anonymous No.23018424]

>>23013720
There’s another year of dev dumps in the dump wallet. Come back next year.

[Anonymous No.23019177]

posting in a spooky thread

[Anonymous No.23019359]

Sage.
This is no longer a Chainlink board.
You lost.

[Anonymous No.23019449]

>>23019177
checked

[Anonymous No.23019476]

>>23014222
Checked

[Anonymous No.23019514]

>>23014371
I'd take a fat 20x damn

[Anonymous No.23019738]

>>23013752
How?

If you bought 6 months ago, you are ahead.

If you bought 3 years ago, you are way ahead.

Maybe you thought comfy as a bubble bath. Hell yeah bro

[Anonymous No.23019843]

>>23014187
this.
based and red pilled based and red pilled. based and fuckin red pilled.

[Anonymous No.23019897]

>>23014577
Is there any better? I made a promise not to wash until staking. I seeded myself with psilocybin spores and now have growths all over me. They've burrowed into my blood. Into my brain. I'm in a constant state of extreme agony and glorious clairvoyance. The mycelium chews at my flesh and rewards with visions more real than the air you breathe. Chainlink has already reached $1000, it has always reached it. Time is just sinking round and round to that inevitable point and you are scrambling at the sides trying to climb out, but my mushrooms will have you in time

[Anonymous No.23019928]

LINK still has the most upside potential. There is one caveat though - you need to look up how to safely Jelq if you're going to hold LINK for any significant amount of time. For the last 9 months I've been stacking LINK and I've also been Jelqing a ton too. It's like the price of LINK and the frequency at which I Jelq are somehow correlated. At work today, I hid in the bathroom three separate times to check the price of LINK and Jelq. By holding LINK I am literally compelled to Jelq, it's like I don't have a choice.

[Anonymous No.23020509]

I saw Sergey Nazarov at a grocery store in Los Angeles yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything.

He said, “Oh, like you’re doing now?”

I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying.

The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.

When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

[Anonymous No.23020575]

>>23013720

nice copepost but uh......................... *dumps another 500k*

[Anonymous No.23020595]

>>23020509
Drake and Josh was a cool show.

[Anonymous No.23020615]

>>23015115
Enterprises don’t want to get hacked

[Anonymous No.23020634]

>>23020615
Chainlink is a 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.

[Anonymous No.23020650]

Who else here holds a 10k stack? Reply if you got it.

[Anonymous No.23020657]

>>23013720
This is true desu. I think links bottom in five years is $50 desu.

[Anonymous No.23020676]

>>23014191
based
>>23014207
>teeeeeeacheeeeeerrrrrrrr anon posted a pastaaaa
>newfags don't even know it's a pasta because it's kind of old but I know
fucking hell, don't be such a killjoy
>>23014388
checked and are-you-me-pilled
I'm constantly praying for the strength to forgive myself for waiting so long to leave the containment board. If only I'd given /biz/ a sniff after the inauguration . . .

[Anonymous No.23020693]

>>23020650
>>23020657
Don't you fucking stinky linkies fucking get it? You're not gonna make it with your fucking erc20 shit token. You need to invest in other opportunities. Seriously just market sell all your chainlinks, ASAP. Sergey is already backpacking throughout Southeast Asia as we fucking speak telling people he's retired. It's over. Sergey's salty surprise is gonna be the exit scam announcement. Datadash was right, SWIFT cancelled the partnership because Sergey's a fucking russian scammer. It's a pity too, the project had so much promise but that's because it was never real in the first place. Steve isn't even a real fucking person. Rory said he's never actually heard Steve's voice in the Slack. The building their website says they're at is a run down hole in the wall indonesian restaurant. The house of cards is falling and Sergey knows people are starting to smell his exit scam. That's why he's vanished from all social media and forms of communication. He's in hiding backpacking asia filling his money belly until this all blows over.

It's fucking ogre guys just fucking sell those heavy ass bags.

[Anonymous No.23020867]

>>23014388
>>23020676
How'd you schmoes find your way over here from containment anyway?

[Anonymous No.23021287]

>>23014299
i got here when chainlink fell to $8 and then bought my first 15 at $9. I know a bottom when I see one.
im late, yeah, but im also a zoomer that has gotten his first job this month I had no money to put in before (sans Ether back in january after a summer job, which was a success)

[Anonymous No.23021389]

This coin already blew up, if you got in when it was a few cents you made your money. Just walk away and don't be too fucking greedy or get rekt.If you missed the ride, it's too late. Chances of blowing up again are very very small.

[Anonymous No.23021413]

Link 24h volume is 900 BTC at the moment

It has never been this low, I think it's dead

[Anonymous No.23021436]

>>23021413
Yes, declining volume during a downtrend is very bearish, you should sell everything right away.

[Anonymous No.23021459]

>>23013720
>>23013720
hey uh. I'm gonna go buy some chainlink. what wallet do you all use? And what site do you use to trade?

[Anonymous No.23021566]

>>23015984
Goodpoints , im a dev myself and u spoke my mind

[Anonymous No.23021579]

>>23021389

You are so fucking retarded and you have no idea how retarded you are.

Chance of "blowing up again"... You dumb fucking nigger. We haven't even BEGUN to be adopted yet. Staking isn't even out. It's basically confirmed that it will be used by every other company in the SP500. Get the fuck out of here with your "probably won't blow up again" dumbass bullshit. Holy shit.

[Anonymous No.23021592]

Comparing the market caps of projects we invest in here with tech startups in the $10-100 billion range presents /biz/ with a riddle: Are we fools or are we early?
The riddle is particularly intense for Link. On one hand, there is this huge dissonance between what Link marines see as the future of CL labs/SC and what the tech is actually being used for on a day-to-day basis. On that front, even a $10 billion valuation for a company that provides price feeds to defi projects seems way too high
But on the other hand, Link marines see the potential that this tech has. They see the Amazon of 2011 in a project that's still trying to figure out how to make its online bookstore economically feasible. They reason that if Link follows such a path, ICO prices aren't IPO prices, they're Seed Funding prices
That last point is why we're so excited. It's largely about the money, but not just that. How many of us would a guy like Sergey Nazarov have approached for seed funding? Fucking practically none of us. Yet here we are, because he decided to take the novel step of funding his project via ICO, and the weaponized autism of this board identified the opportunity
It will take years to see this thing out. 2025 is only 8 years from ICO, and 8 years is a lightning-fast trip from seed to IPO in today's startup scene, especially for a worthwhile company
Taking the x15 (or more) after last summer's announcements would have been a totally reasonable thing for any investor to do. Similarly transformative opportunities pop up here surprisingly frequently. Nobody is holding a gun to anyone's head forcing them to hodl
But fuck man--the Link marines are the first of their kind. We're a decentralized, anonymized VC that memes. Just this month we've coordinated farming and mass-moved our liquidity off exchanges. It's an awesome thing to be a part of. That's why I'm
Never
Selling
$1000eoy
/blogpost

[Anonymous No.23021693]

>>23020634
Fuck you. If you grab data from single API, you would get hacked or you can pay more for different APIs. Chainlink help enterprises reduce costs. The data from Chainlink is centralized but at the end it will be decentralized even 1-2 API provider get hacked at the same time.

[Anonymous No.23021862]

>>23020693
Can you imagine Sergey hiking through a jungle in Cambodia and climbing up to the highest peak to take in the majestic view of a 500 year old temple. Then he pulls out his satellite connected phone and right on schedule market sells another 500k.

[Anonymous No.23021881]

>>23017411
>>23014222
>>23014299
>>23014366
>>23014388
>>23014411
>>23014477
>>23014577
>>23015400
>>23017477
>>23019177
>>23021566
toasting in ebin bread. Deserves Sergey's Dad pasta:

[Anonymous No.23021893]

VROOM! VROOM!

Sergey's Dad zips through traffic and does a screeching handbrake 180 into the parking lot all the while revving the engine. He then spins the car around once more as he hits the clutch and proceeds to hop out of the vehicle, vertical doors and all and tosses the cigarette to the ground, "Son! It's so good to see you, I just want to thank you and your "investors" for the car."

Sergey beams as smile back and scratches his beard, "you know what they say Dad", he chuckles, "you only raise money from the three Fs; fools, family and friends."

His Dad bursts into laughter and slaps his back as they begin walking along to the temporary Chainlink offices in downtown San Francisco. "But son, what will they say when you're spending so much money?"

"Well, I'm not spending the money" his son sheepishly grins. "The company is, based in the Caymen's, it's outside of US jurisdiction. We just vaccum up the money and drop it there, then we'll just keep piping it to you under your names so if they investigate me, they won't find anything. In fact, I haven't bought myself anything new, I still wear the same shirt day after day." He lifts up his jacket and the familiar plaid shirt is there.

"I see" his Father nods. "But you'll have to show, these i-investors, hahaha" he barely contains himself then wipes away a tear as he keeps laughing. "These investors, they'll want to see something."

"Easy. We hire temporary shills, well basically market promoters all across Asia and North America to keep marketing our token, it's an ever expanding market." And then, he pauses, "as for progress, we set-up some real easy APIs quoting prices and keep drawing out the timeline, so it looks like work is being done but it's not. We show up to some conferences and we never open up any offical offices, moving from here to there so that if anyone does come and knock, they'll see a bunch of wires everywhere and some weird programmers in the corner."

[Anonymous No.23021907]

>>23021893
His Dad wears an expression of approval and almost admiration. "You know in Russia, everything was about scheming and scamming. I almost got sent to the gulag for scamming the entire village outside of Leningrad. Ahh those were the days..."

"I know Dad, but things are different now. America is easy. They're fat pigs begging to be ripped off..."

His Dad responds worringly, "but then the market will respond. If you're not actually doing work what will you do when rumors or "FUD" as you call it spreads?"

"This... is the best part Dad. I found a kleptomatic internet culture, essentially an entire internet board of people to parade around our token and market it for us. When people doubt us, they just say, "didn't read, never selling." They... actually belive it! They just keep spouting off "never selling!" They actually believe it Dad! Best of all, I convinced these idiots that this token was never meant for them and it was built for business to business scaling. That they were never supposed to discover it in the first place."

"Mhm... the same guys you talked to, to give them low prices on the ICO and hold the token so that they could spread it and reap in profits."

"Well, yeah Dad, that's how good scams work, you cut the profit a little bit each way so that everyone benefits. I even messaged the moderators and admins, they're called "jannies" and got them to look sideways for all the paid shilling and corruption, to spread the token further. Things are looking great Dad, I tell ya"

"Hmh, of course, now let's get some lobster and steak."

"You betcha, I already had three today. But first, let me show you where we operate. We're in San Francisco to convince these dumb neets that we're in tech capital and attend different shows. These- thes-these hahaha, these morons... sorry, they promote our tokens through so called "organic groups" hosting their own events. I swear, this is a carnie level of theatricalism."

[Anonymous No.23021924]

>>23021907
They arrive in the offices, Sergey flings his coat and throws it in the corner. "Pick it up wagie!"

"Yes Master" a kowtow employee humblly slinks off to pick it up.

"You should've seen the guy who tweeted that dumbass MOAB token tweet, I nearly beat his ass." Just then, Sergey's phone rings, "yes, yes... yes... no..."

"What was that about?"

"The guys from gravel coin called me asking for free link, I told them to buy it off binance."

"Binance"

"It's a chink exchange that I network with. They help handle the money laundering. We sell tokens over the counter from wallets we recycled from the ICO."

"This is much- much too complicated for me son."

"It's simple. Before we ICO'ed I made some threads and recruited some guys. I then fudded other tokens and paid Indians to promote it over the internet. We had the ICO then recycled funds back into it to make it pump. Theoretically we sold 35% but it was probably closer to half, maybe even a quarter, I don't remember the numbers."

"Ah, the classic distraction. Like a magician you lure your targets away from the trick."

"Exactly. By making it seem highly in-demand and creating false group-think, we made it seem many more people buying than they actually were. Then we needed money, we contacted the exchange, shuffled the tokens through there and got the funds. In exchange they got discounted prices and we made money."

"I see... and Google?"

"Same process. Bribe the devs with tokens, assure them a pump will happen then we contacted Coinbase and told them if we got a major company to mention us they would list us. Hey! Hey, give me the big mac, now god damn it!"

An employee scurries to hand Sergey a big mac, unwrapped and ready.

[Anonymous No.23021937]

>>23021924
"But Sergey, we are going to go to the restau-"

"Nonsense. I eat at all times and do what I want, hey, blow."

An employee scurries over the Sergey and his Father with a mirror loaded with glistening white lines and two shot glasses.

"Ah, classic Russian snack. Don't mind if I do" he says as he picks up a small cut straw. A loud and an almost snorting sound comes from Sergey's Father as he tilts his head back and comically begins to swallow. "Good shit. Nostrovia!"

"Nostrovia." They gulp down the shots and smash them on the ground. "Pick it up wagie! Anyway, let me give you a tour." They proceed to walk around the cramped offices.

"So when are you going to pull the plug?"

"Well the money machine just keeps going. To be honest, I don't even know what the fuck oracles are."

"Here's what I don't understand. If it's a good making machine, there's sure to be Jews and Russians and sometimes both in the mix."

"Oh they are. Chinks too. There's this twinked out meth-head named Vitalik. He blew me off because he saw through me and he refused bribes because he has his own scam going."

"The guy you're developing for?"

"Well... it's complicated. I promised investors, hahaha, I love saying that word. Investors... anyways, I promsied them something something, derivatives, basically data would go through us for a stock exchange."

"Why?"

"Because, they're stupid. Just connect big words together. Blockchain agnostic. Smart contract oracles. Decentralized node protocols. And bam you have money!"

"Huh, let me try... mhmm... Real time node operators..."

"Hahaha, you got it Pops! It's easy."

[Anonymous No.23021950]

>>23021937
They turn a sharp corner and Sergey angrily slaps the back of the head of one of his employees. "God damn it Rory."

"What, what did I do" he stammers out.

"Nothing. Fuck you, that's what." Both Sergey and his Father burst into laughter as they turn another corner, "This is my office, just a black telephone and a oneahole to blow off steam and... of course" He opens up a closet and there in pristine condition are thirty different shirts, all of the same type.

"The classic Steve Jobs. Son, I am impressed. You've learned big business so well, I only wish your Grandfather was here to see you. He would be so proud how you've milked these internet losers for money."

"NEETs, Dad, they're called NEETs. And I couldn't have done it without your backing."

"Ah, I see your philosophy degree is hung up here."

"Yeah, they made fun of me for it, but I can't help but think it helps me out-think the Fudders. Every time they almost catch us and every time we cover it up."

"And your exit plan."

"Russia of course. They won't extradite."

"Well, you've raised so much damn money... is there a chance to actuallly of pulling it off?"

"Not a chance. There is zero need for a token, you know I thought about it for a while but most of these protocols could be funded just as progress goes along. I picked something intentionally easy to obsfucate but also very easy to develop, but just added a layer of decentralization to make it extra hard."

"Why? Why not just deliver oracles?"

"Because they're fucking useless Dad. Like tarot cards or any other indicator, you just need an API to connect. All we're doing is technically setting up a layer for people to create their own APIs to act as a node to deliver data."

"Ahh, yes data... yes certainly Data is a great scam, but it's old no?"

"Of course, "big data, data is the new oil, yada, yada", but just throw a token on there and the word decentralization and bam! You have big money."

[Anonymous No.23021971]

I was at eth denver the other day and I went to the bathroom to take a dump. Midway through this guy starts talking to me about smart contracts from the next stall. At first I didn't respond because I thought he was on the phone but then he knocked on my stall and repeated the question. I said "umm not really" but he just kept talking about psd2 and sibos and iso20022. I said okay thanks for the information (trying to be polite). Then he asked if I wanted a t-shirt and pushed it under the stall. I said umm no thanks but he kept insisting. When I tried to flush and got up to leave he was pounding at the door yelling something about big macs and 1k eoy. I couldn't leave and had to call the police before I could leave the stall. After the police dragged this official member of the Chainlink team away I opened the stall door and saw feces spread all over the door. There were massive hand and foot prints of shit everywhere. About a dozen shitty chainlink shirts were on the ground and I had to step over them to leave. Wtf guys is this normal for chainlink?

[Anonymous No.23021989]

>Sergey waddles onto the stage to introduce the next speaker
>"Uh yeah, so, fundamentally... We invited Spencer to talk about how blockchain technology and smart contracts can help level the playing field for the poorest communities in America in an era of unjust socio-economic inequality"
>50 Cent - "in the club" plays
>Sergey gets down on one knee
>Spencer Dindu swaggers onto the stage in a haze of weed smoke, pants sagging
>"YEAAAAAAAAAHHHHHH DAS RITE! WHATS GOOD SMART CON"
>The livechat is flooded with 'N' letters, Rory can't delete and block fast enough
>"AYO HOL UP WE DEM BLOCK CHAINS NOW"
>"SHIIIIIIEEEEEET WE GOT DEM CHAIN LINKS TOO, NAMSAYIN?"
>"BLACK LIVES MATTER WATERMELON ASS BITCH NIGGA"
>LINK dumps to zero on all pairs in an instant
>mass neet suicides EOY

[Anonymous No.23021992]

Why would ANYONE buy Chainlink in 2030 if Hypothetically, Polkadot or Cardano is already the new standard after Ethereum 2.0 inevitably fails. You're buying something on an outdated Web 2.0 platform when Web 3.0 is around the corner. Why?

[Anonymous No.23022027]

I saw Sergey Nazarov at Burning Man last week. He was wearing his blue lucky T-shirt unbuttoned, a pair of butterfly wings, and literally nothing else. I was taken aback at the size of the guy (seriously hung), but anyways I introduced myself and said I was a big fan of his work and was interested to know what he was doing out here. He took a while to respond, I think he was stoned or coming off some acid or something but then he giggled “I am here for alternative networking. I just got kicked out of the google tent so I am exploring the possibilities of decentralizing my presence on the playa.” He was obviously out here to have a good time but then I thought back to my link stack, which I had to sell half of to buy my ticket to the burn and got a little ticked off. I asked aren’t you supposed to be working? Isn’t main net supposedly right around the corner? And he said “supposedly, main net is made of cheese” and that was the final straw and in my mind I decided to go back to camp, get on binance on my iphone and dump my link. I politely wished him a good burn and went to leave as he mumbled something about checking out the “orgy tent” which was “permissionless.” What did he mean by this?

[Anonymous No.23022071]

Insider here: the team had a huge fight after ethdenver. Thomas and Steve left the project and Sergey can't code so that why there's been no progress lately. Rory tried to deflect attention by calling a screaming match a "team meeting" in the telegram and the community leaders have been deleting posts that contradict the official story.

Sergey tried his best to restore calm but in the heat of the moment some awful things were said. Basically Thomas wanted to wait until more audits were completed but Steve was trying to force an early release by cutting corners.

Chainlink will now fork into chainlink TV ( Thomas's Vision) and chainlink SV (Steve's Vision). Chainlink original sgv (Sergey's Vision) is dead in the water. Token swaps will not happen but coinbase has already agreed to side with chainlink Thomas's Vision.

You can see Steve deleting epics in the pivotal tracker to move to chainlink SV. Chainlink Steve's vision is going to be better than TV or sgv because Sergey can't code and who cares about normie base.

Sergey decided to put Alex K who used to handle the UI in charge as lead developer. Tom G. disagreed and seven ventures capital pulled out from their investment in chainlink original. All nda agreements have now expired and the agreements they were protecting have dissolved because of the upcoming fork.

Who am I? I'm the quiet team member who welcomed you to the telegram official channel. I'm a real person you know. I'm just cleaning out my desk now. I know you people here had some obsession with link so just thought you should know.

[Anonymous No.23022100]

>>23020867
unironically pic related but in January 2018
Yes, I did buy Link
>>23021862
kek. I heard last time he was at that same temple he dumped 700k though

[Anonymous No.23022357]

>>23015115
>Truth is, the decentralized oracle problem doesn't have a market yet, and won't for many years.
>what is defi
>what are derivatives
>what is baseline

[Anonymous No.23022551]

>>23019928
Post your gains anon.
On the fence here. 6 inch long x 5.5 width. At 7x6 id go man whoring through every gilf city in America.

[Anonymous No.23022554]

>>23021992
>Why does bank not upgrade their system?

[Anonymous No.23022687]

>>23022071
fuck I haven't seen this one before.
it's pasta, r-right?

[Anonymous No.23022718]

>>23016751
Get it to 100 Anon!!

[Anonymous No.23022744]

>>23013830
PRereq

[Anonymous No.23022801]

What does link so that internet couldn't already do? This is our grandpas snd dads creative mom marketing their internet infrastructure to us, their degeneration Why(?) offspring

[Anonymous No.23023175]

>>23013720
yeah this shit is going nowhere, you can fuck off now.

[Anonymous No.23023806]

I’ll tell you retards this once and once only.
Flare kills your shitcoin in a matter of months.
Repent now or be pic related

[Anonymous No.23024193]

>>23014187
Are you still thinking this shit will go to $1000? AHAHAHAHAHAHAHAHAHHAHAHAHA

[Anonymous No.23024201]

>>23013720
I feel like we are still early with Safex too

Is it even fully launched?

[Anonymous No.23024249]

>>23024193
It's going to $81,000USD per LINK.

[Anonymous No.23024294]

>>23021693
>>23022357
>>23024249
Friendly reminder SWIFT won't even be using Chainlink when it does finally start using distributed ledger technology (which is in at least 4-5 more years by the way).

Here's what it says on smartcontract.com:

>"We're proud to be working with SWIFT on their own SWIFT Smart Oracle."
Get it? Their own SWIFT Smart Oracle. NOT the chainlink oracle. Get it through your fucking heads stinky linkies.

Never forget that banks are interested in the blockchain technology, NOT some fucking ERC20 shittoken made by a Russian scammer/journeyman who walked away from NXT. All you autists who are constantly harping on about "the SWIFT announcement" are absolutely deluded. It's like you just conveniently ignore what it actually says on smartcontract.com itself simply because it doesn't make you feel good.

[Anonymous No.23024340]

> two man team

[Anonymous No.23024366]

>>23024340
The funniest thing about Chainlink is that most of the holders haven't even read the whitepaper, and everyone knows this, so it's super easy for whales to just say
>this white paper is incredible! you're missing out if you don't buy this
>DYOR tee-hee
Yeah, well I did read the whole thing, and if you actually put the time in to read the damn thing, you'll realize that the what they're trying to do is impossible, and they know it.
Basically it boils down to this two man team came up with a philosophical question, attempted to answer it with a fancy white paper, and are selling it to the unwashed masses to make a profit.
>two people
>1 philosophy major
Get the point?

[Anonymous No.23024654]

>>23023806
>Insecure ripple fag invades a LINK fud thread to shill his shit
Flare attempts to make XRP "programmable", just like ETH. It does not compete with LINK now GTFO and let us Fud in peace.

[Anonymous No.23024687]

>>23024654
ALRIGHT, time to talk about ChainLink's price.

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 didnt actually do any research.

[Anonymous No.23024956]

I’m still not selling my stack. Get wrecked Reddit

[Anonymous No.23024967]

>>23024956
Intel SGX is a central point of attack. LINK ISN’T DECENTRALIZED.

Critical exploits have already been found in Intel SGX: https://en.m.wikipedia.org/wiki/Software_Guard_Extensions

What the FUCK do you think would happen if banks and fortune 500s employed LINK? Spoiler: hackers would undoubtedly exploit the LINK network, intercept and alter data, profit and/or destroy.

They haven’t “solved the oracle problem” they’ve probably just created new problems.

/biz/ holds and shills LINK to feel like elite hackers, but you guys are actually fucking retarded. Wasn’t their whitepaper plagiarized too?

Stay poor if you hodl this long term. It’s a piece of garbage with an ERC20 token associated with Ethereum which can’t scale to meet enterprise needs and maybe never will.

Linkies are *actually* retarded. Your bags are Pajeet-tier and going nowhere. No important project will ever use LINK because it’s WAY too easy to program *MORE SECURE* internal oracles / oracle nodes.

Oracles are not difficult to program like blockchains. You’ve all been sold techie buzz words and think you’re smart/hackers/etc.

Unfortunately, you gentlemen are shilled bag holding retards trying to swim in waters you don’t understand.

Sell now because LINK isn’t secure, nor will it be adopted by actually important projects.

[Anonymous No.23025036]

>>23015984
More copypasta from when Link was $1.50

[Anonymous No.23025074]

Interesting pasta pajeet