/biz/ - Business & Finance

>The company, unbelievably cash rich from its inflated stock prices, also went on an acquisition tear, buying, as Bezos now admits, not only companies in markets in which it wanted to compete, but also in markets it might someday maybe want to compete in.
>To the outside observer, this all started to look like a New Economy version of the Old Economy joke: the one about losing money on every item, but making it up in volume. Don't worry, Bezos kept telling the slack-jawed analysts, we'll just keep getting bigger and — soon — the profits will come.
>But the profits never came. And the skepticism about Amazon that followed, combined with an outrageously high Nasdaq, the surfeit of dot-coms with absurd business strategies, and the government's attack on Microsoft, that finally popped the bubble.
>And now, here we are, two years later, after a thousand or more companies have died, Nasdaq remains under 2,000 and hundreds of thousands of people have lost their jobs, and now Amazon suddenly decides to start making money. It's enough to make a business reporter wish he stuck to obituaries and box scores. No wonder the response has been, "Oh … yeah. That's great. … Congratulations."

>>53569686
i don't look at the price

>>53038529
how is eradicating and destroying Chainlink going so far?

digging up op's body to piss on his corpse and bury his body upside down lmao rekt fpbp OP rekt /thread

>>52317607
Now do it for the 1500 other projects that Chainlink has enabled

>>51419265
>nothing so far is actual "explosive adoption"
Are you insane?

>>51343120
I have literally never seen LINK sentiment as low as it is now, and I've been in at ICO.
If they wanted to beat retail out, they did it. Now it can go.

>>51021293
Amazon stock tanked even though its fundamentals were skyrocketing.
The exact same thing happened to Chainlink during the past two years.

>>50994395
>CEO refuses to engage in marketing
Chainlink and Sergey are marketing machines, what the fuck are you talking about.
It's just that anything they say gets fudded into the ground on every platform in existence.

>>50870076
All the world's verticals. All of them. There has only been a single unifying technology of every financial vertical in history prior to Chainlink, and that was "the internet" itself.
One LINK is literally a billionth of the new hyper-efficient, trust-minimised global internet. $81k is fud.
It is almost impossible to come up with a long term scenario that is too bullish. Our brain rejects that level of change.

>>50782854
There's nothing blind about the faith. There are a mountain of metrics, acquisitions, hires, proofs, confirmations. What are you honestly asking for at this point? And you can settle down, you don't need to keep up the act. I'm happy to engage with you.

>>50623197
>no delivery
Why are the fudders always so angry and the linkies always so chill? You would think at $6 it would be the other way around.

>>50521579
>vaporware

>>50494156

>>50493935
It's extremely alive.

>>50492934
>>dumps in usage
Wrong.
Chainlink's usage is still blowing up exponentially.

>>50164567
>We didn’t see anything out of it

>>50145343
>prove that it isn't a broken project