/biz/ - Business & Finance

Is it a good idea to participate? Does price usually drop after the IPO? I have some extra money to throw at this. I would appreciate any advice, when it comes to stocks, I don't know shit.

LINK is intrinsically worthless. Node operators can be paid in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA.

here's what will happen:

Interviewer: So...XRP is the only top 5 coin not on Coinbase. Any plan to add it this year?

Coinbase President: We will add several coins in the next few months, but we can't say which.

*XRP continues to moon*