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/biz/ - Business & Finance

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11484081 No.11484081 [Reply] [Original]

Protip: LINK is a steaming pile of garbage

Bunch of 4channers tried to force it as a meme and /ourcoin/, during the presale ICO phase of ChainLink there was a minimum requirement of 300 ETH 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 took advantage of this and shilling this coin to all the new money and newfags that joined in December 2017 didn'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 the actual project that ChainLink is 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 the 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

TL;DR: Read it faggot if you want to understand ChainLink. Its shit

>> No.11484088

So you're telling me this project has confirmed ties to the banking cartel, the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, IBM, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives and insurance possibly trillions in saving, AND its the only project of its kind due to its decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 60 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market? Do you realize how delusional and insane that sounds? Personally I'm all in.

>> No.11484098

Ignore this faggot OP and buy LINK and WIN.
You will just keep WINNING.

>> No.11484350

>>11484088
>So you're telling me this project has confirmed ties to the banking cartel, the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, IBM, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives and insurance possibly trillions in saving, AND its the only project of its kind due to its decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 60 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market? Do you realize how delusional and insane that sounds? Personally I'm all in too.

>> No.11484358

>>11484081
you
are
so
mad


kek

>> No.11485327

>>11484081
*loud toilet flush*

>> No.11485376
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11485376

>>11484088
>>11484098
>>11484350
>>11484358


Shoo stinky linkies. Link is trash tier.