/biz/ - Business & Finance

LINK POOL was the most stupid play from the START. So many peopled warned anons of fucking STUPID it was to buy that instead of more LINK. it was stated so many times, buying more LINK makes more fucking sense.

Not much was known back then, and the idea of LINKpool was literally that it would be difficult to stake. not only that, we had NO IDEA when staking would come, and LINK itself was risky at that time. we also had little to no idea on HOW staking would roll out. it was completely irrational to buy LINKpool instead of more LINK considering the massive risk reward of LINK itself. why speculate on top of speculate?

On top of THAT, it was pretty obvious to anyone without a room temperature IQ that multiple ways to STAKE could crop up if LINKPOOL or any other nodes wanted peoples tokens, which, many competitors may not even require a token to stake. if it was to be that damn profitable alternatives would spring up instantly. so even that rhetoric was ridiculous.
Turns out chainlink themselves directly offered staking.... which is EXACTLY THE KIND OF REASON we said to just buy more LINK back then. too many unknowns and no need to speculate on top of speculate like that.

Not only that, but LINKPOOL team was incompetent as fuck. They outright refused to list the token on any other exchange but their own for so long, and it was extremely obvious they were fucking wash trading the shit out of that, while smug posting on BIZ to try get some liquidity here and there. they made money from that, and its fucking obvious. they started a massive seethe campaign on biz when some other exchanges like BANCOR were going to list it because it was the end of their wash trading games.
Retard anons got duped by these faggots and thought all the smug posting was other anons, but its been Jonny and the team the entire time doing that shit to rope in a few suckers. They even called their Limted company "POOLS CLOSED" in the UK for fuck sake.

>pools closed