/biz/ - Business & Finance

You must go back

>>10871036
Where?

>>10871022
checked
don't buy link its a scam made up by biz for newfags like you

>>10871022
get on the train shlomo, you gotta go back.

>>10871046
Why is it so shilled in here then?

go back to your home, poor fag

>>10871054
Go back to r eddit?

Also why the system thinks my post is spam?

LINK is a shit scam won't amount to nothing. lets all dump this shit coin.

>>10871070
You're really asking here on 4chan?
Just research for your self, you've got a brain up there don't you?

>>10871087
Why is everyone talking about it then?
Everyone tells me it's a scam but no one tells me why.

And for the assholes that keep telling to go back. This website is free for everyone, you don't own it and I can post whenever I feel like it. Whether you like it or not.

>>10871093
Yes buy everyone calls it a scam or say that it looks scammy on crypto subreddits. I just want to know why is it so shilled in here if everyone says it's a scam.

If you can convince me that it's a good project I can even make a post about it in the nano and ethtrader subreddits. I have a lot of karma so they will listen to me.

>>10871085
yes, get your kike ass back on the train and go back to plebbit, if you don't, we will send you to be deloused at the aushwitz summer camp with no pool or brothel privileges.


It thinks your post is spam, because you IQ doesn't register with the AI system here. The site thinks your a fucking chatbot. Now off with ya.

>>10871120
I don't care about your opinion asshole. If you don't like my post, feel free to leave this site and go somewhere where they'll appreciate your racism like stormfront or something.

>>10871103
it's a big joke. you know how people used to post advice animals or fffffuuuuuu comics or fake links to 'never gonna give you up?' it's the same thing, just a bunch of people fucking around. nobody actually cares about link, it was just chosen as the joke for whatever random reason.

>>10871118
Oef, yoy shouldn't have said those last lines. People here really don't wat normies coming in XD.
Just ask yourself this simple question:

Why is there so much fud that doesn't make sense?

>>10871139
Link very good sir. Buy now sir, price go up tomorrow. Thanking you very much sir!

>>10871152
Why was chainlink chosen instead of another coin?

I can make a post about it in multiple subreddits if you convince that it's a good project, you do realize that right?

This would be good for chainlnk. BUT only if it's a good project, I don't want my karma to get all fucked.

>>10871070
just fuck off and buy scamlink so you lose your cocksucking money you reddit faggotttrrrrreeeeereeeeeee

>>10871103
>>10871103
just look at what happened with digibyte that was shilled alot here with meme's etc...
this chainlink shit is no different, be wary anon 4chan is a dark and cruel place

>>10871022
Hey Twit, if it was a scam they would be blowing smoke out of their asses Everytime they did anything at all. Instead they just keep working.

>>10871170
I don't know, there's a lot of fud in shitcoin subreddits too. If you mean to say that a project having a lot of fud is a good thing, then I think you're entirely wrong.

Also I'm not a normie I knew about bitcoin since 2015 but bought into it in October last year.

>>10871223
I haven't seen any posts regarding digybyte, but it seems like a cool concept. Kinda like litecoin.

He is falling for the link meme hahaha what a redditfag

>>10871257
How do you know they are working right now? You are kinda convincing me to make the post lol

>>10871263
Are you a baitbot?

>>10871296
What's wrong with coming from r eddit?
This is an open site.

>>10871139
faggit, do you know what part of the internet you are in? You just prequalified for our special, once in a lifetime, direct to oven, acceleration program. Get in the train has now become get in the oven. Take you kike questions and bake yourself.

>>10871336
Nope, but chainlink is extremely shilled in here so I found that interesting. That's why I'm asking what's up with that.

>>10871357
Again, I don't care about your opinion asshole. If you don't like my post, feel free to leave this site and go somewhere where they'll appreciate your racism like stormfront or something.

>>10871263
alright, you gave yourself up kid. nice play tho, your b8 was 8/10 up until you got greedy with this lame attempt. you need to learn to blend you b8 with realism, anything to good to be true, usually is. Stay classy faggit, you still gotta get in the oven tho.

>>10871376
>>10871336
>>10871139
maybe he is a b8 bot

>>10871022
3/10 bait

>>10871382
Yes I'm a bot you stupid idiot. Is this something a bot would say?
Fuck you.

>>10871344
What's wrong with us that we want to fuck with your head?

Don't blurt right and wrong, winners are right and losers ard wrong.
Now stop being stupid asshole and man the fuck up.

>>10871407
This goes for you too.

>>10871359
its just an inside joke. none of us actually hold link faggot

>>10871022
I had the same questions as you weeks ago, I did heavy research into Chainlink and found it was indeed just being shilled by people who bought pre-ico bags at less than a cent. Don't fall for it man.

>>10871043

>>10871444
This doesn't even make any sense. All of you are fucking stupid (with a few exceptions of the guys that tried to help me out).

>>10871344

I refuse to believe this isn't b8.

>>10871467
yes we're retarded. now go back nig

>>10871462
Lol good to see other guys from r eddit in here. Started to think it was full of assholes, I know this site has a has reputation but good to know that it isn't that bad.

>>10871510
*bad reputation

>>10871471
Yes this is bait, now go away and stop infesting my post.

>>10871510
Has to be bait. Either way kys and dont ever talk about chainlink again. The cult isnt gay enough for you

>>10871510
Wait this is hundred percent bait, you're not seriously thinking he posted this in good will?
This can't be true.

Lol at the newfags in this thread, ya’ll not graduated from /b/ yet faggots

>>10871552
no newfags only truefags

>>10871510
Get out nigger faggot

A bunch of us in /biz/ are faggot niggers and we love link! link is gonna make the world a sjw paradise, so buy link and tell all your faggot friends to buy it too OP.

>>10871022
8/8

>>10871540
Well that's the mascot from reddit fused with the kept meme. Why would it be offensive?

I don't know if every chainlink thread is called bait or if that's an inside joke or something. Care the explain?

>>10871437
I hope that if you ever have any daughters, that they only fuck niggers.

>>10871619
Big lipped recently escaped from prison niggers too, none of them off brand beat niggers neither.

>>10871022
>plebbit

fuck off faggot

>>10871610
*fused with the pepe meme
Lol autocorrect

>>10871610
People who FUD LINK are newfags or bag holders who are doing it ironicly, we are surrounded by edgy newfags and sarcastic niggers get /comfy/

>>10871648
Roving bands of nigger rapists rapping and raping.

>>10871648
holy shit you're a faggot

So far every idiot in here has convinced to stay away from chainlink.

Any good hearted people that can explain the strong points of chainlink?
Remember that it's in your best interests, I can make a post about it in multiple subreddits with 100k+ subscribers thus resulting in increasing the coin price.

>>10871648
So link is not a meme?

>>10871674
It takes a hard heart to kill, pajeet. What makes the street grow? Shit! Shit! Shit!

>>10871674

It's literally the only decentralised oracle that will power the smartcontracts. How much more do you want to know?

The hype phase of crypto is long gone. Projects will now succeed or fail based on deliverables, not promises. But realistically, most promising crypto projects (what few of them are) absolutely require off-chain data to be useful in any non-trivial context. Without it, you can build as many crypto services as you want but the only thing they will be able to do is facilitate the transfer of chuck-e-cheese tokens back and forth between autists and moonbois.

ChainLink is not a sure bet, it may or may not become the industry standard oracle solution. But there is sort of no point holding anything else (except maybe daddy BTC) until the fate of ChainLink is decided. If it moons, then it enables the mooning of the rest of cryptospace. If it dies off, then crypto projects are still stuck wallowing with their thumbs up their asses waiting for a true decentralized oracle project to succeed. Even on the off chance that LINK fails and another decentralized oracle gains prominence, there would be plenty enough time to see the writing on the wall and move back into your other alts before they moon.

Do you see what I'm saying? ChainLink can't possibly do worse than other crypto projects in the near term, because their success is contingent on ChainLink being successful. It is like investing in automobile technology when paved roads haven't even been invented yet. You may think you're managing risk by keeping LINK a small percent of your portfolio, but in actuality all you are doing is hamstringing yourself. All those other coins won't and can't moon until after (or if) ChainLink does.

Look at REQ as a prime example. They promised fiat integration Q2 but needed ChainLink mainnet to be operational before they could pull it off. Why would you invest in REQ when it can't be successful until after ChainLink succeeds? It's madness.

>>10871674

OP, I care about niggers, spics, kikes, and chinks. We all do in /biz/! That's why you need to tell you and alllll your lil nigger kike friends to buy LINK because we want them to be rich! So buy it up because us whites believe that the unfortunate races deserve a chance too.

>>10871674
100k redditor >investors
=~$10,000
we dont need you

>>10871022
Read the first second of every

>>10871510

Kek, no. That was not a compliment. Nice larp though.

>>10871704
So chainlink is needed for REQ to take off???

Do you mind if I copy paste your post and post it in the reqtrader subreddit?

>>10871674

The reason why Link will moon is our intense practice of meme sorcery. Pic related. The power of Oracles bridges the long divide between Science and the Occult, and will lead to an era of rule by an elite class of transhuman technowizards. Make sure your fellow redditfags understand that they need to buy Link unless they want to wind up as our playthings and in our experimentation pens. They need to make sure to fap while visualising Sergey every single night, to feed energy to Kek as a sacrifice and ensure our victory.

>>10871713
Underrated

All these people replying to a bait thread. And now I will too.

>>10871674
Fuck off, as if your 2000 karma account is going to post and pump the price. Link is a scam

>>10871746
Meh, I don't care. I know there are a lot of good hearted people from r eddit in here because that's where most of you came from anyways. Nobody goes straight into 4chan.

The process is reddit crypto subreddits->biz

Not the other way around.

>>10871775
22,000 karma. I made a very popular askreddit post, that's why I know that I can pump the price of a coin.

>>10871734
No wait. Of every every

>>10871779
no

>>10871022
LINK is a meme. God cube, and Sergey are a great material for creating memes. We all know, that there is bear market now, and most of /biz/ is not that stupid to waste their money on catching falling knifes.

>>10871757
Yep basically, try to research more about smartcontracts. You can't even imagine what market Chainlink is entering. This project isn't for chump change, but this could literally be the next ethereum, probably even bigger. We are all waiting on the big partnership announcements and mainnet.

>have a node with 10k staked LINK
>LINK is at 1k
>Bond smartcontract worth 50MM will transfer ownership and needs to verify new address of receiving bank
>Issues job to 10 high rep nodes with enough LINK for collateral
>My node is chosen as 10k LINK is high enough to discourage sybil schnanigans
>Stake my 10MM worth of LINK on the answer
>Takes .3 seconds to complete job, takes 2 minutes total to verify results and exit the Chainlink contract
>Got paid .6 LINK
>Bank just paid $6k to do something that would have required multiple salaries and taken over a week to do and tied up liquidity.
>If my node is used like this 100% of the time, I make $157,680,000 a year
>Not a bad rate of return

What you can expect of mainnet . That number is pretty riduculous, so just imagine even 2k passive income every month. Not a single crypto project will give you this chance mark my words.

>>10871779

I've been here since 2006 or so on /b/ originally. Sorry redditfag. Your site gives me aids. I hate it when I have to go there to do shit with my sockpuppets as I get actively triggered by the absolute cancer of the place & the obvious shill ops that you fuckers seem to buy into.

>>10871787Listen, LINK is a false flag coin. Think about it for 5 seconds and you'll realize I'm right. It's designed to play on human emotions, namely: hype, fear, greed, and hope. Hype because smart contracts generate buzz. Fear as in fomo or fear of missing out. Greed, meaning 1k eoy. And hope when you're stuck holding heavy, heavy bags.
From wikipedia:
A false flag is a covert operation designed to deceive; the deception creates the appearance of a particular party, group, or nation being responsible for some activity, disguising the actual source of responsibility
Sound familiar? Huh? What?
Also notice how sirgay hails from Russia. Who's public enemy #1 in America? Go ahead, I'll wait. Oh, yeah times up. Russia! Coincidence? You tell me.
Listen, it's easy. Whales are playing you and are out in force. They own most of the supply. They control the price action. And they want your BTC. Trade wisely, anons. You've been warned. That massive, 5 million link sell wall was not a mistake. It was not an error. It was a head fake. 5k sats, then doom. Beware.

>>10871817
Don't go to r eddit then? How dumb.

>>10871826
damn, you know your shit.
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning

>>10871808
lmfao the delusion in this post

if op posts this on reddit, he will be a laughing stock

>>10871808

Yeah OP, link will make you rich! If you buy now, you'll be able to pay off you next student loan payment, and even take your wife's black son to a private school! If they take in darkies that is. I wouldn't my send my son to a school if they did.

>>10871757

>>10871808
Thanks for this info man.

It just sounds kinda shill'ey.
How can you assure that every Chainlink will be $1000? You do know that that would require a higher market cap than it was at All time high right?

I'm not saying it can't happen but it does sound scammy. Any guys that can refute this?

>I saw your post in r/cryptocurrency and was wondering if Chainlink it's a meme or not?
stopped reading

dumbest fucking question I ever heard

>>10871869
Use cases of chainlink

>>10871704
>>10871808
hahahaahha good job tricking him my friend
he'll post it and get laughed at what a silly man to fall for this.
*upvotes your post*

>>10871862
The Itty Bitty Kitty Committee meets every Tuesday and Thursday to discuss kittens and kitten related accessories.

>>10871871
It al depends on how mainnet plays out. If Swift is indeed fully parterned with Chainlink, then 1000 is no biggie.
Just read the whitepaper, if you still have doubs. Can't chew everything for you. I myself hold 30k Links.

>>10871916
No! You keep chewing right now!

>>10871826
I did notice that the team owns around 70% of the total supply. A lot of people in r eddit explained this when saying that it was a scam.

However, I heard that they would use that reserve to pay you at the beginning. This is what concerns me the most. I don't wanna fuck up my karma and if people notice this fact they'll start calling me a shill and downvoting me.

Is there a legit reason for the team to have the majority of the supply? I just want to be able to explain to redditors in case they ask me about it.

And what does Russia has to do with anything?

>>10871940
If Seth Rich was able to use ChainLink to leak his classified information he wouldn't have gotten murdered by the Russians.

>>10871674
Look at Sir High & Mighty over here, offering to *help* us with his special connections on Reddit -- get thee the fuck hence; go the fuck back to Red, dit!

>>10871991
Lol you must not be very bright huh?

It's basically free marketing. I could pump the coin to at least 50 cents.

>>10872013
Jesus Christ, stop posting please.

>>10872013
holy shit, cmon dude. no you couldn't pump the coin to 50 cents. stfu

>>10871940
You're a fucking loser dude. Good luck being a faggot

>>10871103
Your a fucking nigger OP

>>10872036
I won't post until someone gives me a good answer as to why the team hold 70% of the supply.

Easy for you to say "just go ahead and post it" because it isn't your karma the one you're putting in the line.

>>10872090
This thread has been some pretty good bait op. Good job.

>>10872028
I could. On Christmas I posted a shill post for raiblocks and the price literally doubled overnight.

More than 1500 responses too. I feel pretty confident about my ability to pump a coin.

>>10871118
Why don’t you research the fucking tech yourself faggot? Quit shitting up the board because you want to be spoon fed information which is what I’m sure you expect for everything in life.

>>10872102
Blah blah, bait this, bait that. Get a life.

I don’t care if this is bait or real. Either way OP you should kill yourself for being such a fucking faggot.

>>10872151
I literally don't care about people like you. Your life revolves around trying to make people's lives shittier, but guess what?

I won't go down to your level.

Can anyone give me a legit reason for the team holding such a big percentage of the coin supply?

Read some posts and it would be disappointing leaving empty handed.

The way some guys in here described it, it really sounded like it was a big deal.

>>10872090
>35% - going to Node Operators and to Incentivize the Ecosystem
>35% - will be sold in the Public Token Sale
>30% - will go to the Company for Continued Development

35% for Node Operators and to Incentivize the Ecosystem has generally been understood as giving big corporations the likes of SWIFT or MSFT tokens at a private OTC rate to get them on-board and able to operate nodes of their own, or kick start the network (think swift oracles and cryptlets) without buying from binance

Good to remember there was some concern at the start when 29m of the 32million worth sold in crowdsale was sold in pre-sale. Is this the signal capitals of the world? perhaps... i think its a sign of what we always thought, this was never for us, this was always a business grade utility token

>>10871022
Greetings fellow redditor, whatever you do don't buy chainlink! A 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

>>10872218
If all Link was currently on the market, an entity could buy up the majority of the supply cheap which would thwart the purpose of a decentralized network. Some of the Link the team holds is to incentivize institutions to use the network without capital expenditure, thus accelerating adoption. The rest is to be distributed to node operators over time.

>>10872262
>The rest is to be distributed to node operators over time.

Jonnys comments about linkpool supporting airdrops starting to make more sense

>>10872229
I still think 35% to incentivize node operators is a huge amount. What does incentivize means anyways? Are they just going to give node operators free money just for the sake of it?

Regarding the other 30%. If it's going to the company for continuous development why are they going to be receiving a part of every transaction directly to their wallets?

And if a company bought 90% of the rest of the ICO tokens wouldn't the real circulating supply currently be much more smaller. Making link a prime objective to be manipulated?

This are the hard hitting questions that I expect from my post. And that's why I came here for a second opinion.

This sounds extremely fishy to me.

>>10872125
Ok then prove it with LINK

>>10872239
Finally someone is willing to tell the truth and help a fellow redditor out

>>10872125
There :
https://chainlink.news/

If you're legit then prove that you can do what you say.

>>10872368
Prove with Link what exactly?

>>10872453
A link to your Reddit post showing your ability to shill

>>10871839

Nah, I need to so I can shill bags or fud things. Combined with other tactics you can make bank off Redditors easily. They then go retweet it, post it on Telegram etc and magnify the effect. It's amazing, to the ripples of a well placed shill spread.

>>10872345
>Free money

You're providing a service brainlet, operating a node will require a small amount of time, some operating costs and handling risk for end users. Same as any business. Of course people need compensation.

>>10871961

Daddy Putin can finally pay all of us Russian bots directly for our shilling via the use of Chainlink. Hook an Oracle up to the board and it's able to be easily automated. Shit will be so much easier than it is now needing to wait on the whole transfer rubles to XMR -> transfer to DNM -> buy stolen cards and coke -> convert to cash pipeline.

>>10872501
Why would smartcontract.com pay node operators?

Wouldn't companies need to make the payments instead?

This seems like smartcontract is begging node operators to provide a service while still making bank with the other 30% of the supply used "for company development".

It's like if Apple begged you to buy their cellphones and then pay you for using them.

From a business standpoint, it doesn't make any sense.

Also, why did you only answered a little bit of my post? Why didn't you answer it all?

>>10872379
Upvote :^)

>>10871207
>I can make a post about it in multiple subreddits if you convince that it's a good project, you do realize that right?
Wow. you have that kind of power?

>>10872543
put your spoons away and let these niglets figure things out on their own.

>>10872602
do your own research you fucking nigger. no one is going to spoon feed you. read the whitepaper.

Ive seen like 40 link threads in the last week and im getting tired of it, so im gonna lay it out nice and clear for anyone who cares.

Link may or may not have a future. It may or may not get adopted by 3rd parties wanting to communicate with on-chain shit. It may be a complete scam. IT DOESN'T MATTER. The only things that matter are:
1) if i buy link at price x will it appreciate to x+a
2) will i be able to sell at x+a and make a profit that i am personally happy with?

The answer to both of the above is yes, and everthing else is completely irrelevant. I have about 300 link. If it does nothing, big fucking deal i lose like a few hours pay. If it doubles, great. If it gets near ATH again, even better, i dump.

The only people who actually should care about the 'true nature' of link are the 0.001% of crypto holders that are link maximalists, and there is nothing any currency can do for these people anyway.

>>10872345
Any knowledgeable person that can answer this?

gr8 b8 m8

>>10872789
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 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 Etherum hit. Happy gambling though anons.

>>10872789
it's just a fancy JSON parser holy shit don't fall for the meme you absolute retard

>>10872788
link maximalist here
comfy

>>10872827
It is true that big companies go by the saying "If it ain't broke, don't fix it!".

Even more when doing so would cost them millions of dollars for a minuscule increase in security.

But that's no the point I was asking. I was asking specifically about the supply.
Why does the company hold so much % of the supply?

Why would they pay node operators with their own supply?

They created the token out of thin air and node operators are supposed to get paid with it? I would understand if companies that were being supplied the data were paying the node operators, but why would smartcontract.com would use 30% of the supply to pay them? What's propping up the value of the coin, then?

I just can't wrap my head around it. I have so many questions.

When other people describe link they make it sound like the next Bitcoin but it has so many shady things that I just can't understand. This could be the reason why it's only shilled in biz.

Please someone help me out. I'm open to opinions and ideas.

>>10872919
Guess chainlink it's really a scam. How disappointing.

>>10871022

0xBTC is great, but you have to do your own research and not take it from a Greek fart-sniffing forum. Check out the discord and the subreddit.

>>10873024
as disappointing as being denied admission to mumbai technical potty training academy?

>>10873184
I wouldn't know. How did you feel when you were denied admission to mumbai technical potty training academy?

>>10873228
it broke my heart, sir.

Link is a meme is a meme is a meme is a meme

Comprendo?

>>10872919
Like I stated before, the team currently holds most of the supply because if the whole supply was on the market right now, an entity could purchase the majority of the tokens for cheap, which would defeat the whole point of a decentralized network. As for the amount that is set aside to be distributed to node operators, it will likely be done by "paying" node operators as a company would. This keeps things flowing in the beginning when there may not be a lot of traffic, and prevents a massive flood of tokens coming into the supply. Remember that most of those added tokens will mostly end up locked away in nodes. The total supply is already priced in regardless.

>>10871022
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 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 Etherum hit. Happy gambling though anons.

Also you should like that "oldfaggot" guy

>>10871022
kill yourself reddit scum I hope you lose all your money investing in the link meme

>>10873312
Rebecca?

>>10871022
>LINK WILL CHANGE BUSINESS AT THE DNA LEVEL:
>https://www.reddit.com/r/LINKTrader/comments/7ve3kb/my_research_on_the_bletchley_cryplets_and_why_i/
>Basically Jonny, founder of Linkpool.io, provides a great deal of evidence that Microsoft Cryplets is an SDK which uses Chainlink. If all the evidence wasn't enough here is a video of Sergey stating that he is helping create Cryplets. https://youtu.be/ytv8U0bejPA?t=46m2s [Open]
>Ok. Here we have proof Sergey and team has helped create Cryplets and the damning evidence of cryplets utilizing the Chainlink network. Now, here is the newer stuff. Microsoft has another name for cryplets, Enterprise Smart Contracts.
>https://github.com/Azure/azure-blockchain-projects
>Here you can see the readme states - enterprise smart contracts (a.k.a. cryptlets) Coming soon, ESC Test Drive and cryptlet sdk preview...Now realize they are going to open source their code but have not made any new progress publicly for months. Marley Gray is the main contributor and Principle architect for project Bletchley at Microsoft. He has shared a meetup with Sergey in the past. He recently was interviewed in January found here.
>https://www.watchfintechtv.com/video/blockchain-business-disruptor-or-opportunity
>listen from 5:00 min on, he is basically selling Chainlink. I would pull some quotes but hopefully some of you can pull the interesting stuff.
>Now an even better interview from last month can be found here -
>https://www.softwaredaily.com/post/5abcc791b23a5d0004b339b7?platform=hootsuite
>with a rough transcript here - https://softwareengineeringdaily.com/wp-content/uploads/2018/03/SED550-Enterprise-Blockchains.pdf

>>10871022
>But it's extremely shilled in here, so it cannot be a scam.
WHAT KIND OF UNGODLY TIER RETARDED REASONING IS THIS!?!!???!1111

My favorite thing about biz is the zoomers and boomers that invest purely based on other peoples word.
Why not just learn about block chain and the syntax used then look at the source code that's publicly available.
I'll say this once more, ignore the fud.
Chainlink is genuinely impressive from a technical standpoint and in 2 - 5 years it will be atleast 60 $.

>>10873746
>2 - 5 years it will be atleast 60
nice fud, 2.5k eoy

>>10871022
Chainlink is just a meme, don't fall for it.

>>10873310
Sure they will. Fintech will be first, with PSD2 as the catalyst.

Good, OP went back to plebbit. at ease gentlemen

Hi OP, I would really appreciate it if you FUCKING KILL YOURSELF YOU PIECE OF SHIT.
DIE!!!

>>10872602
How the fuck do you expect to kick start a decentralized network? It’s literally the same principle as IOTA having a centralized authority to babysit the Tangle until it can exist on its own.

>>10872919
Hi OP. I'm anon. Welcome to /biz/. Let's lay down a few ground rules.

Firstly, FUCK OFF AND DIE. That's all the ground rules we have for you

>>10871022
>>10871022
>>10873228
Hi I am from Reddit


LINK is a overblown scam. The ICO was sold out very quickly and I suspect BIZ own most of the supply or some of them.


The price doesnt reflect anything special and there are dozens of projects out there.

75% of the Supply is not Circulating, look what happend to VEN - Ven had a cuirculating supply for 234m and then 384m and then 58xm

The price tanked when the owners dumped.


The reasons for the MEMEs are, because the owner wore a shirt and someone edited him with that in McDonalds.

Most people here and basement dwellers.


Why dont you post your Reddit account on here?

Hi OP, having read your posts in their entirety I can see you had some very logical questions, the kind of questions that should be answered before investing in any crypto utility token.
It seems no-one here could answer them honestly, proving that Chainlink is very likely a scam and should be avoided completely.
I am also glad you didn't decide to write a red,dit post about Chainlink as that would have put your Karma at risk. Being so respected on red,dit takes time and knowledge, you wouldn't want to put your reputation at risk.
t. based anon.

If you unironically thin you are replying to a le dditer,

you have fell for the bait and are never going to make it.

>>10874536

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

Unironically please try and figure it out on reddit you faggot

>>10871022
this is some 3D chess tier FUD anon 10/10

>>10871808
Keep in mind if the returns were this good when link is 1k then people would be buying like crazy. Token price would increase but staking rewards would decrease, until equilibrium was met.

>>10875964

Yeah i took it with a grain of sal though. Honestly if you can get 2k passive income out of this, it would already be worth 1000$ dollars or more. Don't get me started if it reaches 5000$ or more monthly. That's fucking tax free income.

>>10871070
You want everything handed to you ? Fuck off and do your research

Low quality b8 m8 sugma

>>10871118

If you have so much karma, then make a thread telling everyone else

is a scam, you'll help fellow redditors tremendously by doing the needful.

Thanks anon, w

ubalubadubdub eheehhhe