/biz/ - Business & Finance

LINK is gonna dump hard, why? Cause market is disappointed. We were promised high quality partners, detailed information about network usage, and what's happening with the 650M tokens now that mainnet is announced, but they didn't delivered.

If you want to LINK moon again you need to refute this statements with logic and reasoning, otherwise this shit is going down until a black swan event happens (microsoft, sap, aws partnership) for the next 6 months, slowly bleeding like all the other shitcoins (OMG, kyber, rlc, zrx)

The current statements are

>T.signatures are in conception phase, not audited and not even on the icebox of the pivotal tracker. It might take months of testing before being a mainnet feature.

>SGX isn't supported by current mainnet, shit still need to be audited. It's month away

>No info about token distribution, how the incentives for node operators are being handled, and no clear level of usage in network

>staking and penalty contract are still in building phase, and they want to use real data to build them, so it might take months to be done

So, in the end we can say that this shitcoin did a cardano tier mainnet announcement, failed to deliver key valuable features, and despite fundamentals are bullish as ever on the long term, there isn't a single reason for this current marketcap to stay like this or grow in the next 3 months. On top of that, og link Marines bought between 12 and 22 cents, so even at 50 cent they did a x3.

Refute this to save link