/biz/ - Business & Finance

Day 1 of not fapping until link hits $1000

Anyone else really concerned about Sergey’s weight gain over the years? Seems like he’s stress eating a lot. I hope he’s not in over his head and coping with burgers.

>>19130798
interesting

AHHHHHHHHHHHHHHHHH!!!

AHHHHHHHH!!


FUCK, SERGEY GOT IT. CHAINLINK IS DONE FOR!!!!!!

Only leaked pic I found

>>15841007
WHAT DID THEY MEAN BY THIS

OOOOH LIIINKIIIEEES! Where are you stinkies? Stinkers have been getting AWFULLY quiet as of late!
Please remind us about that Google partnership and how these large conglomerates have bent the knee! Tell us more about how your stinky asset is like the oil of all the blockchains! You pick the color of your new Lambo yet, stinky?
O-oh what was that? The dev teams are dumping on you now that Coinbase has gone stinky? Sirgay is getting cold hard cash in return for your stinkers? Those swift "rumors" were baseless and you all fell for it hook, line, and stinker?
Oh no no no no no no no no…..

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

The funniest thing about Chainlink is that most of the holders haven't even read the whitepaper, and everyone knows this, so it's super easy for whales to just say
>this white paper is incredible! you're missing out if you don't buy this
>DYOR tee-hee
Yeah, well I did read the whole thing, and if you actually put the time in to read the damn thing, you'll realize that the what they're trying to do is impossible, and they know it.
Basically it boils down to this two man team came up with a philosophical question, attempted to answer it with a fancy white paper, and are selling it to the unwashed masses to make a profit.
>two people
>1 philosophy major
Get the point?

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.

OH NO NO NO
He unironically thought that a middlewear shitcoin, thats been 40 cents for two years, that has no use-case, whose team presents in rank rape-dungeons, who mainnet continuously delays, whose inventor is an obese russian philosophy major, whose only use after two years is a fucking alarm clock, a json parser, a band-aid solution, a scam coin, could be no more than a cup of coffee (as said in whitepaper), would unironically make him rich

oh no no no look at these dudes

I cant believe I still come here
OK
ETHCC will have Link be the designated oracle for polkadot
In April the first uses of what you call mainnet will be live; this is because some projects which absolutely need on chain crypto and real world asset prices are confident enough to use essentially centralized feeds over chainlink given that those feeds will be from trusted data providers (lookup the nodary service from chainlink consulting group)
Those will be the nodes most in demand before payment APIs are integrated; once those are up and running smoothly linkpool will let all the neets to get ready with their neet nodes
Hence the may-aug window for "real" mainnet
But the cherry on top won't come until the end of 2019: remember how this all started. The reason anyone cares about chainlink is SWIFT, full stop.

Why did the most powerful banking collective bankroll sergey and back link? Because they're so nice? I know you all are fucking retarded and won't get it so here it is: SWIFT is how establishment banks comply with PSD2 and, instead of getting their lunch eaten, make MORE money.

Oh, you're an ambitious startup that needs access to our customers balances? we've mad our data fully available through the industry-standard, trusted, decentralized Chainlink network, you're free to access them there at any time. And just in time to meet the regulations of PSD2.

What's that? You're upset that each access costs more than you have allocated for such transactions and now you can't compete? Well that's just a shame. I mean we did have LINK available for over a year at less than a dollar. Why didn't you buy then? And you're mad that we hold 30% of the supply? Why wouldn't we? Look at what a fine investment it has been, friend.

Screencap or pasta this or whatever. You're all too fucking dumb to even understand what is above. I hope the next generation of lonely introverts feeling pol/b/fit are smarter than you idiots.

People who create real value will never be beholden to those first generation rent seekers who bought electronic hashmarks.
Gold prospectors mined so their children could live like kings. Rothschild sent his sons all over the world to establish banks. The American founding fathers risked execution so their children could be the blue bloods of a new world. Etc, etc, etc. No poor person, like yourself, ever just bought something they could afford and sat on it till they ruled the world.
I hope Sergey and team become fabulously wealthy for their ambition, but I know you'll always be poor. Why? Because you do not offer the world value, and you never will. You're a leach and a hitchhiker, and you'll never make it.

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.

Only once will I post this. Only once.

Those of you who have been blindly following the chainlink shills are absolute fucking retards. If you had an IQ above 90 and spent 30 minutes researching, you'd actually understand why you are making the worst investment of your lives.

The problem with this board is literally most of the Chainlink shills could not explain to you why Chainlink is actually an amazing shitcoin. The few anons that do get it's a scam and post legitimately useful information get ignored because most of this board is dense and dumb as fuck and when they can't understand something is a scam they act like it wasn't even posted.

Chainlink is next gen ponzi. It will make all current holders with 10k+ bankrupt. You may have to wait 2-3 years, which most of you will be too dumb to do. You'll see a decrease a year from now and because you've been checking the price every fucking day for over 1500 days you'll think "fuck it, I'm selling, this isn't going anywhere!". When the token actually goes to zero you'll be holding the keys to your piece of shit Pontiac and those of us who weren't total brainlets and didnt buy will be having you park our Bentley's because you work as a fucking valet now.

This is not pasta. Do not repost this. This is simply the truth. Fucking screencap and check back in 2021. You know I'm right, I always am.

Here is the black pill, anon. Nobody needs chainlink. Nobody needs blockchain. It's a solution for a problem that doesn't exist, yet is desperately searched for. "Decentralized" oracles are a meme, you don't need a $300 million network to add some numbers and print the average value. Even a freshman CS student could do that. Did you ever wonder why does the pivotal move so fast? That's because there's nothing to solve, it isn't some miracle. People already know how to set up a system like that but they don't. Wonder why? Because NOBODY NEEDS IT. It doesn't improve anything. Sergey and co. are just another tech startup, nobody cares about them. There are no connections, no breadcrumbs, no SWIFT partnership (Hell, SWIFT even goes out of its way to emphasize THEY WON'T USE BLOCKCHAIN), there is NOTHING. The only way this charade hasn't collapsed yet is because they haven't released their little project yet. Just wait and see. When the main net is released, the catalog will be full of link memes, anons will be shouting frantically about the $1000 eoy memes, choosing lambos and all that stuff. But the excitement will start to dwindle down in the following days. There will be no activity on the network. The price will plummet HARD. Some of the most delusional ones will pick up even more of this useless shit, thinking they're getting a huge deal, not realizing they're eading themselves off a cliff. Then there will be threads popping up, asking "What did go wrong?", "I thought we were gonna get rich??".

Spoiler: You won't get rich. You're just one of the millions of people who got scammed by someone who is smarter than you. That's just how the world works. Don't take it personal.

I wanna be positive but the fact that after 5 years of working on this project they came out with an alarm chainlink. Let that sink in, 32 mill and 5 years of developing smart contracts and oracles and all we get is a chainlink alarm.