/biz/ - Business & Finance

[Anonymous No.52753132]

I'm starting to think that Chainlink is not the wise investment I thought it was.

[Anonymous No.52753171]

>>52753132
why is this pic funny

[Anonymous No.52753189]

Is that Timmah? I miss the daft cunt.

[Anonymous No.52753336]

>>52753132
>highest crypto adoption
>highest real-world company adoption
>working with swift on the future of finance

I'm thinking I was 100% correct in picking the crypto with the absolute best fundamentals.

[Anonymous No.52753344]

>>52753336
Buzzwords that has no real usecase

[Anonymous No.52753351]

>>52753344
The use case is preventing hundreds of millions in losses.

[Anonymous No.52753357]

>>52753351
Didn’t prevent the haircut today for those held lpl haha

[Anonymous No.52753393]

>>52753132
Is this edited? Why is he depressed in the mirror? He knows chainlink is dogshit?

[Anonymous No.52753398]

>>52753357
>lpl

[Anonymous No.52753416]

STAKE ME BABY ONE MORE TIEM !

[Anonymous No.52753951]

>>52753393
it's a manifestation of his mental decline into schizophrenia

[Anonymous No.52753958]

>>52753132
>#1 most shilled coin on 4chan
>not wise investment

wow who would have thought

[Anonymous No.52753967]

>>52753958
>>#1 most shilled coin on 4chan
lol it's never the most shilled at any given time.
Right now ICP and FTM have more shill threads active in the catalog.

[Anonymous No.52754056]

>>52753336
Here's the thing.
What CL does isn't really that valuable.
So it's price will not rise much.

You have to think of marginal utility versus other options.
Meanwhile, smart operations like Ripple chose a VALUABLE problem to solve.
Using XRP I IMMEDIATELY save thousands of dollars in bank and settlement fees on my imports and once I can take it as direct payment I save 3% on every sale once Visa is out of the way.

CL simply operates in a non (relatively) valuable arena. There isn't that much marginal utility compared to other options.

[Anonymous No.52754077]

>>52754056
of course it's a ripple baggie kek

[Anonymous No.52754087]

>>52754056
>What CL does isn't really that valuable.
See >>52753351

Untold hundreds of millions would've been lost without CL.
"Secured value" can be taken very literally with Chainlink.

[Anonymous No.52754110]

>>52754087
That doesn't change the price of the token though. It's utility comes from being used, not held as an investment

[Anonymous No.52754119]

>>52754110
>That doesn't change the price of the token though
Just like Bitcoin adoption doesn't necessarily change the price of BTC.

[Anonymous No.52754131]

>>52754119
Which exposes exactly why it's all a ponzi, including btc.

[Anonymous No.52754135]

>>52754131
>all speculation is a ponzi
lol

>including btc
And including XRP

[Anonymous No.52754138]

>>52754135
not an xrp baggie, what's your point?

[Anonymous No.52754142]

>>52753171
because the photo shows his face and the reflection in the mirror on the right his soul

[Anonymous No.52754143]

>>52754077
Look, I'm not a "baggie".
I'm a USER.
I do imports and they cost A LOT OF MONEY to process.
XPR immediately solves that. Several thousand dollars a month for me, just little 'ol me.

The marginal utility of XPR and the XRPL is the ENTIRETY of what I pay in fees. Probably $40,000/y for me once you add in CCs.
I'd say it's probably a good long term hold, but you don't have to even hold it to use it to advantage.
Which is probably why it's price won't rise that much either, but mostly just because it's too efficient to rise much when people can just use it for the short term advantage of avoiding fees.
>>52754087
Yea, I'm aware of what is "does". But there is still going to be a point of failure in the chain of data. At the beginning inputs are inputs.
It doesn't actually prevent these errors because humans are entering data at some point.

It's an efficient system, it's just alternatives exist that are much closer in relative value to chainlink than you think.
It's not the only way to do this.
And yes, same with XRP. But they have a big start and you need a lot of liquidity to do what they do.
You don't need much at all to do what CL does.
You can even do it manually.

[Anonymous No.52754150]

>>52754143
>But there is still going to be a point of failure in the chain of data. At the beginning inputs are inputs.
>It doesn't actually prevent these errors because humans are entering data at some point.
It's not supposed to prevent these errors.
It's supposed to get data on-chain trustlessly.

[Anonymous No.52754169]

>>52754150
Data that exists and is fed to CL.
It's an API dude. It doesn't prevent shit. It just passes data through.
Your infographic seems to imply it can stop what happened from happening, but I see more clearly your point.
Although my main point is that what you think is so valuable, isn't.

It's all about alternatives and marginal value. Yes, CL can do everything you say. It's how marginally valuable is it that matters.

[Anonymous No.52754172]

>>52754169
>It's an API
Yes anon, and cars are roads.
Stop posting.

[Anonymous No.52754177]

>>52754169
you are a brainlet just kys

[Anonymous No.52754206]

>>52754172
>>52754177
>doesn't address marginal utility
Look brainlets.
THIS IS HOW YOU MEASURE VALUE.
CL only has value to people scamming crypto markets currently. Yea that's some value for sure.
But where does the average person benefit? Where do trillions and trillions in value add up?
I'm asking.
I've held CL and made money, only 5x on the original $3-$15 run up, I don't think it sucks.
I'm just telling you.
You have the same issue the XRPtards have.
You can't measure value very well. You don't even EVER consider what value you are attempting to measure.

XRP provides much more immediate value to everyone on the planet. But the XRPL is so efficient it still wont' go up too fast.
CL provides immediate value to some niches but it's not essential to any operation, alternatives exist, and etc.

Marginal utility.

[Anonymous No.52754228]

>>52754206
I dont understand what you mean. Could you summarize you're post?

[Anonymous No.52754231]

>>52754206
>marginal utility

[Anonymous No.52754285]

>>52754228
If I have a shovel that can move 1 lb of dirt.
And sergay invents a shovel that moves 1.25 lb of dirt.
Sergays value is not 1.25 lb of dirt.
It's .25 lb of dirt.
And if there is another option (API3 shovel) that can do 1.1 lb of dirt for the same cost, then CL value is now .15 lb over alternative.

Now you can add that .15 up over and over and over for every scoop and it adds up to quite a pile.

CL's marginal utility is on a percentage basis over alternative and existing solutions.
XRP is the same way except it is nearly a 100% cut in costs compared to alternative.
The problem with XRP is that the ledger allows for an incredible amount of operation without a price increase because the price of XRP is irrelevant for almost any sized transfer.

[Anonymous No.52754289]

>>52753132
He tried to warn us

[Anonymous No.52754291]

>>52754228
Point is that neither is mooning to $1,000, but for different reasons.
CL marginal utility isn't high enough.
XRPL is too efficient.
>>52754231
>sergay writes an article

[Anonymous No.52754297]

>>52753189
thats brenden fraiser

[Anonymous No.52754298]

>>52754289
kek
Imagined being psyopped by a literal octogenarian and loving it.

[Anonymous No.52754300]

>>52753344
used for dai

[Anonymous No.52754323]

>>52754142
how do I get my soul to protrude in reflections real time?

[Anonymous No.52754332]

>>52754285
Sounds like you a confusing Chainlink's former CEO and now Co-Founder Sergey with a dirt farmer selling a shovel. Dirt has no intrinsic value unlike data and APIs cannot do blockchain stuff without ChainLink brand oracles so you're analogy is fundamentally flawed.

[Anonymous No.52754346]

>>52753132
Better late than never?
>>52753336
Absolute retard lmao.

[Anonymous No.52754350]

>>52753132
what happened to Nick Land

[Anonymous No.52754351]

>>52753132
The tranny fatty fappy rabbi crappy jabby groomy farty glowy banny niggy faggy trappy lefty shitty janny on biz must go

[Anonymous No.52754359]

>>52754332
kek
/biz/lets are hilarious.
Ever bought dirt? It costs a shit ton.
I have a large pile of dirt out back worth probably $10,000.

Also, and it's hard to believe you are serious with this response...
The example was not about the dirt, but about how to determine the value added by a new and superior product.

If there is literally no shovel at all in existence. That's how retards link holders value their product.
Good luck with that.

[Anonymous No.52754400]

>>52754359
When Master Ishii of Sengoku Castle once commented in the marketplace that dirt has no value, a yield farmer from the nearby province proclaimed the lord incorrect spurging out that dirt grows food and sustains life. Master Ishii slayed that farmer right there in the marketplace for his insolence.

[Anonymous No.52754452]

>>52754400
So seething butthurt trannies have existed for ages?
My dirt is worth more than CL literally.

[Anonymous No.52754486]

>>52754452
The morale of the story is that apu2 bulgarians get the rope berekt

[Anonymous No.52754541]

>>52754359
>I have a large pile of dirt out back
I'm not surprised you filthy Bulgarian

[Anonymous No.52754570]

>>52754486
>>52754541
kek
It's so funny how weak the argumentation is.
I actually held API3 and dumped it because it's going nowhere. I used it as an example of how easy this stuff is to do.

You morons really think examples are the point don't you?
Are you ESL?
Let me help you.
Neither API3 nor CL are ACTUALLY shovels.

I have a farm in the midwest USA. If you wanted my dirt you'd also have to pay to haul it away. For that you need more than a shovel.

[Anonymous No.52754582]

>>52754346
those are all objective facts

[Anonymous No.52754584]

>chainlink is shit
agreed
>xrpl is soooo efficient it doesn't even moon hurr durr
you lost me there pal
can't wait for every altcoin to trend to $0 so all delusional shills rope together
>HURRR MY SCAM IS BETTER THAN URS!!1

[Anonymous No.52754590]

>>52754584
BTC maxi has entered the thread

[Anonymous No.52754600]

>>52754584
But that's the actual reason it won't go up.

Did you read the thread. The value in XRP is in ACTUALLY USING IT. I'm not a moontard because I'm a real business person that uses XRP.

I hold a stash for liquidity and payments, but I don't expect that stash to moon.
The reason?
The amount of volume necessary to moon XRP would have to be incredible.
Tokens can be circulated 17,000x a day EACH.

[Anonymous No.52754603]

>>52754291
>>sergay writes an article
That's Swift interviewing him.
They actually do that a lot.

[Anonymous No.52754611]

>>52754603
They already dumped their bags on you at $50.
There. I spelled it out for you.

[Anonymous No.52754621]

>>52754611
That would mean they aren't interested anymore, right?

[Anonymous No.52754624]

>>52754351
He's an obvious infiltrator not trying to moderate /biz/ but to subjugate it to his ideology. It's pretty sad that no-one up top sees what is going on. It will be the death of 4chan.

[Anonymous No.52754629]

>>52754600
>my shitcoin is so adopted it even gets federal lawsuits up the ass!
the absolute state

[Anonymous No.52754767]

>>52754621
No it just means they understand that $50 is too high a valuation for the marginal utility CL brings.
You realize it broke from $50 MID BULL MARKET right?
>>52754629
kek
Not even sure if you are serious.
It's literally adopted all over. I make payments from USA to Taiwan using XRP.
Ripples status or the status of the token are not even part of what I'm talking about.
I don't even need to know Ripple exists to do what I'm doing.

[Anonymous No.52754913]

>>52754767
>It's literally adopted all over.
That's not what Ripple says.

[Anonymous No.52755155]

>>52754285
It's gravel newfag, not dirt

[Anonymous No.52755318]

>>52753132
how is he smiling on the left but his reflection is not??

[Anonymous No.52755759]

>>52753132
Relax crypto has several more years ahead, just find a way to bootstrap the value through staking of other assets like Vet, sylo, Tron and more
dca in/out, etc and it will continue to grow.

[Anonymous No.52755785]

>>52753132
>Chainlink is not the wise invest
A lot of subhumans shilling that shit here. Mistakenly got into it because I trusted what their partner, allianceblock was doing. Paid marketing for Link isn't a good sign anon.

[Anonymous No.52755789]

>>52753336
price >>>>> meme fundamentals

I'd rather have invested my money on Dogecoin than on this piece of shit. Can't believe it's still trading at $7 after 5 fucking years.

FUCK SERGEY
FUCK CLL

[Anonymous No.52755806]

>>52755789
>price >>>>> meme fundamentals
Which is why they dumped BTC every time Link got any major news.

[Anonymous No.52756338]

>>52753132
ive been trying to tell you its a scam for years. open your fucking eyes you retard

[Anonymous No.52757256]

>>52753336
>I'm thinking I was 100% correct
But stupidly you are 100% wrong. Real world adoption only happens through DeFi gateway projects as Allianceblock and not Data oracles as chainlink

[Anonymous No.52757385]

>>52757256
>Real world adoption only happens through DeFi gateway projects as Allianceblock and not Data oracles as chainlink
really