/biz/ - Business & Finance

>new announcements practically everyday now
>all competitors actually being absorbed
>mainstream beginning to take notice (WSJ etc)
>breadcrumb about Steve Eaaterbrook being onboard CONFIRMED
>price stil below 50c
>50c

WHY IS IT STILL SO LOW?

>January 2021
>link price €2.56

What do?

>>12801443
>been a Link marine since Sept 2017

I am financially ruined

Meanwhile the link selloff continues as weary chainlink bagholders trudge through the land of empty dreams and promises leaving a trail of lost money and opportunities behind. Occasionally on this trail of tears a figure can be seen weaving off weak with a skeleton bent from the weight of link bags and collapses, raising their finger in their dying moment to press the sell button. The others trudge on past the corpse of the once proud linky too lost in pain and fatigue to even notice the corpse. No conference now. No hope. Only death and bags. Death march of the linkmarines lead by general wojack.

>>12104577
checked but delet this

>>12050778
Sergey can't affowd it

>heading to 20c
>eoy t minus 4 weeks
>mfs feel humiliated, embarrassed, ashamed

>>11992503
fuuug. Me sad now

It's tanking hard guys, feel so stupid for falling the memes

welcome to the link dump roller coaster

Just panic sold 1k omg for link. How badly have I just fucked up ?

Linkmarines, is this legit fud?

I didn't know anything about NXT or Secure Asset Exchange. Sergey would never exit scam right?

Basically every entrepreneur has to have a few failed companies under his belt to be considered successful right??

Any oldfag that can destroy this fud?

Post that I'm talking about:
>>10928765

The link rollercoaster is going down

Economist andNew York Universityprofessor Nouriel Roubini is perhaps best known for calling the 2008 financial crisis in a series of articles and presentations starting in 2006. However, Roubini is no one trick pony – his research on emerging markets makes him an expert on speculative bubbles of all sorts.

It’s no surprise, therefore, that he’s now sticking pins in the entire cryptocurrency/blockchain bubble of bubbles.

At last week’sBlockShow conference in Las Vegas, Roubini did not mince his words. “There has been a total collapse this year in the cryptocurrency game,” he told an audience largely skeptical of his point of view. “It’s a crypto apocalypse.”

Deflating Bitcoin and all other Cryptos as Well

Nouriel wasted no time poking holes in every Bitcoin sacred cow. For example, the claim that Bitcoin can serve as money. “Bitcoin is not money. To be money it would need to be a unit of account, means of payment, and a stable source of value and purchasing power,” Nouriel explained. “Bitcoin is none of these. Other cryptos are worse.”

He contrasted Bitcoin and other blockchain-based payment technologies with modern payment systems likePayPal,Square, and Alipay in China. “Today’s digital systems are used by millions of people per day, and have nothing to do with blockchain,” he said.

Bitcoin’s second sacred cow to fall to Roubini’s withering arguments: decentralization. “Decentralization is a total myth,” Roubini explained, as crypto miners (transaction processors), exchanges, developers, and wealth are all in fact centralized.

While in theory, anybody can be a crypto miner, successful mining requires an immense investment that leads to pooling of mining resources. As a result, “the top five mining pools control 70% of all mining,” Roubini pointed out – mostly in places like Russia, China, Belarus, and other places where organized crime syndicates dominate the crypto world.

>>10836396
It's a biz larp for lulz

we all know link will dump to 20 cents fagg

this eventually

Why would anyone want to use our small-fry chainlink nodes when there are sure to be big players operating nodes like SWIFT, Microsoft, Docusign, etc. Even if you need like 5 oracles to ensure trust, you could just use nodes you know are operated by big companies. Will staking even be possible for us?

>>10777777
Yay

lol vechain have performance than link

sergey is our only hope