/biz/ - Business & Finance

Seeing posts like this lets me know that it is time to sell.

1. Store of Value (BTC)
2. Smart Contract Network (ETH at the moment)
3-6. FinTech (XRP at the moment, maybe REQ/LINK will enter as well)
7. Fast Currency
8. Supply chain coin
9. Decentralized computing
10. Another FinTech

Screencap, I guarantee this will be crypto in 2 years

>>10198499
This basically. Ultimately its in the interest of the Chainlink team and the initial big companies who are gifted link to keep prices low for a year or two so they can accumulate/get there partners in on the network but afterwords their only goal will be to inflate prices as high as possible so they can have high collateral nodes and run as many API calls as they could ever want. Us NEETS don't even register in their vision but we will still benefit from their plan. It's the genius of the token-economics but it all depends on the partnerships going on behind closed doors and NDAs so the general crypto crowd doesn't flock to Link and inflate its price before they are well established, hence why there is zero communication from the team to us besides some technical conversations when they are bored on slack.

I'm not even joking when I say Link will go to $100+ assuming the network gets any reasonable level of adoption, it just won't happen as soon as biz hopes.

there is ONLY one threat to chainlink, and that is if some new dev team creates an oracle with an objectively better node reputation system a year or two from now

It's basically guaranteed at this point that CL will work as intended and achieve success as a decentralized oracle but the node rating system is honestly pretty weak, albeit better than anything else out at the moment

I also worry about IOTAs Qubic since we know so little about it. Hopefully they focus primarily on the tangle and not decentralized applications for blockchains. I've also heard rumors that they might utilize CL which is interesting (especially with the isometric cubes flying on the screen in their preview)

>>7866623
it takes only 10-20 minutes of looking at an ico critically to determine whether or not its actually worth going into 90% of the time if you have experience. The difference between Antshares and live-edu in terms of quality is insanely easy to see, thats why the oldfags went for the former and FOMO kids go for the latter. But go ahead and look for mine-only coins and have fun being decimated by farms and pre-mining devs, it might actually be your best choice if you don't have much capital

>>7276026
i am the ceo of binance and our discord is only for chinese millionares sorry kid not today