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/biz/ - Business & Finance


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10567299 No.10567299 [Reply] [Original]

Take a step back...

There's a lot of crypto projects out there. A lot of start ups in general. Every one of them has a community behind it, absolutely convinced that their investment is the one that's going to change everything and make them rich. Their arguments are no less convincing, their data is no less false, their theories are no less valid, their assumptions are no more ridiculous.

What are the actual chances that you've picked the right one? Seriously. YOU'RE going to be a millionaire? Some fucking neet? Because you saw something that no intelligent investors, banks, programmers, futurists etc saw coming? In this future you've imagined for yourself, where you're a multi-millionaire, you realize that Sergey and everyone on the team would have to be richer than the richest men on the world right now?

I think at a certain point, you just have to admit to yourself that this is yet another doomed to fail start up by yet another yuppie 'entrepeneur', that already has half a dozen failed start ups to his name. Just check his Linkedin, 'CEO of company that WAS...'. Perfectly sums up Sergey. CEO of was. Get back to work anons, you'll need that overtime to invest in stocks. You might retire by 55 if you're lucky, and keep working hard, and stop trying to rely on shortcuts in life. Your get rich quick schemes are just like any other, and they're not going to help you.

>> No.10567323

>>10567299
/g/ was always better at being ahead of the curve on the next big thing. They predicted bitcoin years in advance, and ETH as soon as it was announced. They also don't care about LINK and think it will be worthless. It's just retards on /biz/ that hype it.

Really makes you think.

>> No.10567351

>Their arguments are no less convincing, their data is no less false, their theories are no less valid, their assumptions are no more ridiculous.

This is a real Plebbit mindset. 'Pure' cryptocurrencies are dead. Many projects do not need blockchain. The important thing is about the decoupling of the blockchain tech and accommodation with legacy actors and systems. This is where the real value add is, not in idealistic "let's overthrow the bankers" bs.

>> No.10567407

>>10567351
Only a fraction of the top 100 are pure currencies. Most of them fill a specific purpose for particular industries, but every one has a community convinced that it will revolutionize whatever it is they're doing.

In simpler words, for the same reasons you reject the hype of other coins, we can reject the hype of yours.

>> No.10567421

>>10567299

You're not getting my bags. Don't you think it's pointless to spread this FUD, when the project hasn't even started (mainet not being out). Every year some company makes a fortune, with it's investers cashing in with it. If you are content with wagecucking for the rest for of your life, so be it. Not doing that shit bro. You can keep your mindset, but just remember that it will never make you rich (or dependent on the system is a better way to describe it).

>> No.10567575

>>10567407
Sure, all LINK FUD is good and useful. But this thread has no specifics, just truisms and generalities.

The main argument for LINK is that in opening smart contracts through a secure and decentralised oracle you render the business case of many of these projects moot overnight.

>> No.10567971

>>10567407
Its pointless to try and extrapolate data from a project by reading unnecessary and baseless hype on an image board. You must realize at one point all the hype sounds the same and attempting to compare a projects hype to another projects hype is a pointless and fruitless task.

We are here for moon missions. The majority of anons here don't have a couple million lying around they can throw at safe stocks/bonds and make yearly dividends off of. We are here for the moonshots to hopefully get us to that point.

This is why you must realize the majority of people here love LINK because it is that moonshot. It is that ticket. If it went to 0 sats tomorrow most of us would continue on with our lives and look at it as "what could have been". There is no other project on the scope of what Chainlink is trying to produce. No other project looking to connect Off chain data. We all realize that if Chainlink can accomplish what is looking to accomplish, then it will be miles ahead of any other project in this space. Its is the final piece to the puzzle, the middleware that could allow smart contracts to exist outside of tokens.

You don't have to tell us its a gamble. We already know that. None of us know if Chainlink will be the one to finally solve this massive issue, but if it is the one then we are in for one hell of a ride. And thats why we invest in it.

>> No.10568432

>>10567575
>But this thread has no specifics, just truisms and generalities.
Just like Chainlink...

>> No.10568628

>>10567323
Source?

>> No.10568665

>>10568432
I don't really get what you're saying? Chainlink has been debated ad infitium on this board in great detail and depth. FUD is welcomed and encouraged but this thread is adding nothing to that debate - it's simply stating something that is self-evident.

How has the debate about LINK been filled with generalities? So much of the research has focused on trawling through corporate reports and documents, on the background of each team member and advisor. Of course, the project could fail but with the available information we have, it's a worthwhile bet that would led to monumental gains.

>> No.10568691

>>10567971
What is mobius, unironically? Linkies are so fucking delusional

>> No.10568716
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10568716

>>10568691
Or Oraclize... which actually has the connections that linkies are so desperate for.

>> No.10568735

>>10568691
>mobius, unironically
They're unironically a bunch of street shitters with a terrible product to sell.

>> No.10568758

>>10567323
/g/ banned crypto discussion

>> No.10568777
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10568777

>>10568716
thank you redddit!

>> No.10568778

>>10568716
Oraclize is centralized though, this makes it pointless if smart contracts are the future

>> No.10568800

>>10567299
>we have this great project and made it open source so anyone could chip in and help with it, we are hoping to build a community of devs around it
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>test net released ?
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>accord confirmed partership
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>new website
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>institutions are slowly accumulating
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>marketing starts
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>mainnet released
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>network works
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>uhh it never mooned and never got off the ground
>well at least le le leddit didnt get it and few whales got rich xDdddDddDDDDD

>> No.10568801

>>10568778
And what's wrong with centralization? It's faster, more efficient, and uses way less energy.

>> No.10568818

Bitcoin still waiting on mass adoption. Sure the early investors dumped on the December newbies and made a huge profit. Thinking a new wave of gullible investors is gonna buy your worthless bags. Bitcoin hasn't accomplished anything significant in 10 years. Thinking oracle's will change anything anytime soon. The absolute state.

>> No.10568828

>>10568801
The whole point of smart contracts is decentralization

>> No.10568837

>>10567323
Except /biz/ was created to get crypto talk off of /g/. This is the new /g/, and its picking LINK like it picked ETH, BTC, NEO.

>> No.10568843

>>10568801
You might as well ask what is the point of blockchain

>> No.10568848

>>10568801
downtime and easier to hack

>> No.10568854

>>10568837
the collective autism of biz is not always correct though, remember dgb

>> No.10568855

>>10567299
The fondamental difference between these and LINK is that they need LINK to succeed, just like they needed ETH to become possible.

>> No.10568872

>>10568855
True...without a decentralized oracle, smart contracts are just a meme...and without smart contracts the only useful coins in the crypto space are btc and xmr.

>> No.10568883

>>10567323
biz is basically the crypto version of /g/

>> No.10568918

>>10568872
Exactly

>> No.10568940

>>10568801
>what's wrong with databases, they are faster, more efficient and use way less energy than a decentralized blockchain.

>> No.10568972

>>10568854
if you got into dgb when it first started being shilled here you'd have made out like a bandit, especially if you were smart enough to sell during it's two major pumps getting a 40x and even up to a 100x. sure it didn't turn out to be singularly important but if link suffers the same fate I think you'd be stupid not to be happy about it.

>> No.10568988

>>10568972
True

>> No.10569326
File: 2.15 MB, 320x240, 1522391622297.gif [View same] [iqdb] [saucenao] [google]
10569326

>>10568801
>centralization
>blockchain
kthereguy

>> No.10569391

>>10567299
thx op
sold my 100k btc and applied to 100k mcdonalds
gonna make it

>> No.10569405
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10569405

>> No.10569555
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10569555

>>10567299
>>10567407
>>10568716
>>10568801
kek I hope this brainlet is just very bored and joking around and not actually serious

>> No.10569668

>>10567299
The shit you are saying MAY be true in the future.
But the balls you have on you though, to laugh at linkies when nothing has happened yet.
If LINK actually moons who's gonna look retarded then?
Well I guess it doesn't matter on an anonymous forum. I do hope you hold some LINK for suicide insurance though.

>> No.10569799
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10569799

>> No.10569817
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10569817

I just want to buy a nice plot of land, with a small bush plane, do whatever the fuck I wanna do. Help me Sergay, you're my only hope.

>> No.10569967

>>10567323
This pasta is retarded

>> No.10570025

>>10567323
8biz is the ‘gold standard’

>> No.10570134

>>10568716
Hahaha. Remember those times that Oraclize was down and not working? Hahahahahaha. What a piece of shit. Any big financial entity can't have down time for an oracle.

>> No.10570419
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10570419

>>10568716
https://m.imgur.com/a/szBYE1f
Page 10.

>> No.10570572

>>10569391
>100k mc donald
>100k wagies
>getting dumped n' pumped 100k times
BASED CHAD SURVIVOR