/biz/ - Business & Finance

Link holders are absolutely delusional.

Link is the perfect normie coin. It's got a cool logo, it's $25/coin, and "muh oracles" is just technically sophisticated enough for normies to understand but too sophisticated for normies to dive deep enough to realize Link just isn't needed.

If smart contracts actually start being used in the real world (no, making ERC-20 scamcoins doesn't count) then some will require Oracles. But an Oracle is just a JSON parser with some voting mechanisms baked in. It's not something you need BILLIONS of dollars and YEARS to develop. It's not something you need "partnerships" for. You sit down, write the code, and you're done. Chainlink isn't in the Oracle business. They're a branding machine. Their sole objective is pumping the price of their asset, Link. An asset, by the way, they own 60% of. Yes, 60%.

When the time comes Oracles will be written on the native platform (probably Ethereum) and they'll use the native token (Ether). No one is going to need Link, no one is going to buy Link. Nobody will care. This project, along with all the other fad-projects will fade into obscurity. I won't speculate on price, this entire market is an irrational frenzy. Perhaps there is still room to grow, more money to be made

right, so the entire flash crash of a $1.5t market cap asset class all revolves around the fact that whales are suppressing the price of chainlink because it hit $35 and they're not "ready yet"
just read that through OP and realize that you need actual help. i'm talking therapy, drugs, the works. the cope is too much.
we smart ones took profits on xx% of our link gains that we held for so long now as well as made the same gains in much shorter times on defi natives.
all while sergey was too busy getting his personal info leaked in the ledger leak and starting to prove that he can't do anything right.
we got lucky that it was the best solution for defi and defi protocols happened to blow up, otherwise we'd still be staring at $2-3 link.
enjoy your gains and move on schizo. fuckin link community starting to sound like the xrp retards.

DEAD
SHITCOIN

>>25003903
its fucking over

DEAD SHITCOIN

its over

Are the rumors true? Did Jason Parser resign from chainlink?

>>17434685
we will never truly be free

>20 literal whos

>>15519652
you say that every fucking night

>>15486143

>mixicles

>>15462632
>he doesnt know