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/biz/ - Business & Finance


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49799019 No.49799019 [Reply] [Original]

I have no idea what Chainlink is or what the fuck it does

>> No.49799047

>>49799019
solves the lambo problem

>> No.49799079

>>49799019
Just buy it now you lucky new fag

>> No.49799092

>>49799079
It’s going to 75 cents

>> No.49799217

>>49799019
well just so you know it is currently valued at $2.7 billion dollars

>> No.49799263

>>49799019
It does nothing, you’re welcome

>> No.49799265

>>49799217
pretty ludicrous marketcap for the most prestigious technology company in the world

>> No.49799288

>>49799217
So it's better than Bitcoin?

>> No.49799295

>>49799019
It shows price of coin on chart

>> No.49799328

the only utility the chainlink token has is paying the salaries of hr roasties at chainlink labs

>> No.49799332

>>49799019

Its an oracle which is a way for a smart contract to know something about the real world. The biggest use case so far is the USD value of a coin, usually used in lending protocols to determine how much someone's collateral is worth and how much they can borrow.

>> No.49799440

>>49799288
It's just another stupid altcoin

>> No.49799464

Chainlink is the api of crypto

>> No.49799465
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49799465

>>49799019
It makes crabby patties.

>> No.49799470

>>49799019
It's a tokenized rss reader.

>> No.49799963

JSON parser

>> No.49800109
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49800109

>>49799019
I don't know how any of these coins work. I did those quizzes on Coinbase, but I still have no idea what the hell any of this is. I haven't read a single whitepaper, either :)

>> No.49800305

>>49799019
it makes early investors rich at the expense of later investors

>> No.49800347

>>49799328
and their only utility is sucking sergey's tiny cock

>> No.49800423

>>49799019
Nobody does lol, the token is literally not needed for an oracle.
It's like the Cel token to fund their operations and to exit scam when it collapses.

>> No.49800464

It solves the happiness problem.
Its an efficient protocol powered by decentralized blockchain which is designed to lose all of your money so you can own nothing and finally be happy.

I can tell you it works perfectly. After holding this great token for 5 years, I am perfectly numb, no matter what happens i am completely desensitized, I have practically achieved nirvana and perfected the art of stoicism.

>> No.49800492

>>49799019
it's an elaborate mechanism for transfering wealth from poor tards to a certain fat russian fuck so he can stuff his face with bigmacs

>> No.49800536

>>49799019
Solves the Oreo Problem

>> No.49800570

>>49799079
Kek i love how /biz/ still tries to get normies to lose their money.

>> No.49800685

>>49799470
Based

>> No.49801075
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49801075

>>49799019
dude, nobody knows what any of these shitcoins do. they mouth off all these 'use cases', but none of it is anywhere to be seen irl. these are literally casinocoins u buy hoping it takes off and makes u rich. watch some turbofaggot nerd blow a gasket about this post.