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/biz/ - Business & Finance


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11620791 No.11620791 [Reply] [Original]

Hey, cross boarder from /r9k/.
Could someone please tell me what the deal is with this thing and why everyone thinks they'll be rich?

>> No.11620800

go kill yourself faggot

>> No.11620810

>>11620791
Cope mechanism for losing all the past moonshots.

>> No.11620812
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11620812

>>11620791
get the fuck out migrant trash! not welcome

>> No.11620815

>>11620791
It won't. 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

>> No.11620820

god protocol

>> No.11620826
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11620826

>>11620800
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

>> No.11620828

>>11620791

If you're truly the autismo you think you are then you'll lurk here and decipher this information for yourself.

>> No.11620836

Someone is into crypto and they hear about /biz/. They already have their portfolio into things they believe are great tech, like NANO or Vechain. They visit the threads about those coins and see people talking about how crypto needs instant transactions, RFID technology to bring physical objects onto the blockchain and they seemed even more enamored with their investments.

Then they keep seeing this blue cube as they refresh their page. First they just ignore it. Eventually they keep seeing all these threads about this blue cube and finally they decide to see what the hype is about and they click on the thread and view it.

Its filled with people spamming ridiculous memes, no talk in sight about the technology aspect of the platform, and people just replying ridiculous things like "1k EOY check these digits."

Now, it would actually be very very dumb for someone to see that and not instantly think "Wow, these people are stupid." So its only logical for them to come up with the conclusion that LINK investors are a cult and the community is cancer. But what they missed was months and months before this stage where the technicals were talked about constantly, the ideas went through a social Darwinism, and people argued and eventually agreed about smart contracts needing a network of decentralized oracles in order to properly facilitate large scale transactions.

They are just viewing that stage where LINK investors are bored out of their minds, spamming stuff to pass the time, and FUDding for fun because they already went through the trouble of explaining everything about it. And to a person viewing just that aspect of it, we seem like absolutely crazy schizos.

>> No.11620838
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11620838

>>11620791
Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life. Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night. Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over. Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology. Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over. Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY. This is a 4chan meme to siphon money out of the hands of the already vulnerable.

>> No.11620849

>>11620791
no spoonfeeding, channel your autism productively

>> No.11620854

>>11620828
This. If you can't focus your autism long enough to figure it out, you aren't autistic.

>> No.11621444

>>11620791

It's literally just a JSON parser. Don't get suckered into it. Go look at the charts, it's just experienced a huge hype pump do to the string of conferences over the last month. Now it's No News November, the team is going radio silent. It's going to tank over the next month.

>> No.11621463

>>11620828
>>11620854
>autism is something good
the iq of link holders

>> No.11621471

>>11621463
Depends what your priorities in life are.

>> No.11621517
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11621517

>>11620791

>what the deal is

>> No.11621537

>>11621463
Fellow arcanine here. Autists are superior to the nt scum.