/biz/ - Business & Finance

Kys new fag

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Ethereum hit. Happy gambling though anons.

Blockchains are 1s and 0s on a computer it isnt wworth shit and nevernwill be

Bunch of 4channers tried to force it as /ourcoin/ and I poo poo pee pee chainlink haha poolink

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>10572839
Acthually, you are chatting shit. Companies will and want to use trustless systems when they will eventually automate every aspect of their systems. This includes banks, insurance companies, shipping etc. There's a reason why they are investing in AI and machine learning.

>>10572826
2020 is the year. But ill keep coming back for my research autism dopamine hits

Bunch of 4channers more qualified to talk about this than most anons, during the presale ico phase of chainlink a cyber-techno machinations company pooled up together and shared presale links. Open source, decentralized, APIs, partnerships, you name it.

sibios hates banks, and traditional data providers. our bosses would give us the go ahead if we approached them next to the public toilets.

this alt bull run lots of anons and took advantage, but is that really a good thing? the supply is dried up, doesn't that defeat the whole point of your coin?


The fact is, LINK is going to share the same fate as ETH. Would take a lot longer to get it working with bitcoin. going to come close to the $1k that Ethereum hit, think that's something worth noting.

>>10572846
It already is moron

mainnets are nice for pre pumps but nothing else. especially dapp utility tokens are suffering when they are launchon on mainnet (look at req) because then you can also see how much the dapp/network is really used. and based on usage price will go up/down

>>10572826
Are you 5 years old?

>>10573026
>mainnets are nice for pre pumps but nothing else
Only when their specific release date is announced in advance.
Chainlink's mainnet is going to come unexpected.

Vechain = the china hustle movie. watch the trailer for it. It's vechain written all over it.

>>10572988
yeah...I plan to hold until 2020 - 2025.

we gonna make it if we're patience

>>10573045
>>10573026

no rory said the date will be listed on the pitvol tracker.

there most likely will be a mainnet dump as everything is priced in and it will launch to crickets

The idea that companies will put their transactions on a public blockchain for everyone to see is frankly ridiculous.

>>10573021
Kek

>>10573123
Not going to (You) you anymore on this because I'm not sure which way I want the masses to think on this matter.

>>10573153
Imagine STILL not having read the white paper.

>>10572960
replying to pasta

>>10572839

Fuck this is great copy pasta FUD, thank you based Anon!

>>10572839

Bravo and good counter perspective from a real world potential customer.

P I S S
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I N M Y A S S
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>>10572826
A small step for block chain but a massive leap for humanity.

>>10572839
REEEEEEEEEEE

delet

>>10572846
Kek what is software

>>10572826
>dev tool kit
Holy shit should I buy back into Lamden?

>>10572826
weak fud
link 1000 eoy

>>10573123
Convert all endpoints to Json = mainnet?

>>10572839
Dumb post, play on words. The fact Link is trustless based on any single party makes it extremely trustful. Weak fud, even newbs will see your post as bullshit.

>>10572839
I'm actually more qualified to post shit pasta about this than most anons.I'm employed with a shit shoveling discord, I do a lot of lying and spam posting work. Open spamming, lying, shit spewing, sliding, you name it. We'd be one of the first discords in line to fuck up something like Chainlink, if the discord lying evil blnd scum had more value over traditional buying. There's a catch though, an underlying flaw more deeply embedded in the bedrock of fud than the very code itself. The flaw is with the concept, and it's this: discords won't actually go through the hassle of making up swing trade losses their members get burnt by dumping.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates link fudd, and traditional prajeet discords. But actual prajeets, liars, and scammers do not. There's an old saying you might have heard of: "If its you ain't broke, don't join our discord !". The idea that any of our bosses would give us the go ahead if we approached them to say we shoould stop spewing shitty pasta fud about Chainlink,, we'd be laughed out at best and kicked out on the spot at worst.

'But Chainlink is great!' I hear you cry, but is that really a good thing? Just listen to the sound of it. swing trade fud and pump discords don't want to spend all their ten thousand dollars of dollars on something that is great, they want something that they can manipulate. 'But the market system!', doesn't that defeat the whole point of your fud? etc

so kys

>>10574354
>weak fudlink 1000 eoy
this

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team