/biz/ - Business & Finance

I didnt put $2k into the ETH ICO because the command line wallet spooked me.

Devs hold 82% of the supply KEK makes Sirgay look generous....

RSR has 6% circulating supply???? do the devs own 94% no one has answered this with source for 6.2 months

https://www.youtube.com/watch?v=ibzJOQrHHSk

I'm kind of pissed guys - is this good or bad?
might keep normies out longer but damn..

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.

>>18175616
The hero is defeated.

Ok frens i cant stand it any longer im selling 100.000 LINK. Who wants them?

>>16511664
LARP, Link hasn't $1000 yet noob.

already priced in just like the halving

Only the LinkChads will survive this next crash.

>>16233000
only after ETh Flips BTC. Then Bitfinex (USDT) and Bitmex will be forced to Mt.Gox since they were short ETH x99999, and BTC would crash to >$1000 since 85% of it's volume is from tether (not the case for LINK or ETH). Sergey is satoshi.

>>16054029
Stock Market that is

Don't work for money, have money work for you.

This doesn't just apply when you've "made it". It also applies when ur just starting, for you see working for many days or months on an idea without pay would only make sense if you don't work for money.

>>15858039
inverse biz for maximum gains

>>15705085
ironically true, not even LINK can connect to it without using some centralized 3rd party. Only Smart Contract capable crypto can connect to LINK directly.

LMAO!!!! Socialism falls apart when you realize its not the 1500s and you can just get up and move to a less taxing Country (plenty of 1st world countries on the market, thx Globalism xDDD). Srry Boooomers but ur bonds and stocks will get seized by Bernie when you try to Transfer them to your new Foreign bank or when you sell to fiat (even Shedule 3 banks). Me and my Linkies can move way more freely. #Multi-Mutli-Citizenship #patriotic=poor

>>5014404
>>5014838
sounds good bro
i hope you're right and not a liefag
i guess we'll have to hunker down for a long winter until march. whatever, dont care anymore

its me pepelink