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/biz/ - Business & Finance

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12650205 No.12650205 [Reply] [Original]

I know the team is against hype, which is respectable, but sometimes hype is beneficial. Hyping up the ropsten testnet could have led to a huge amount of people testing on it. No one really heard about it besides people already interested in ChainLink. This release should have been something that got hobbyist devs and random people to try messing around with it, but instead it kind of just hit the testnet and stagnated.

I think just a little hype around ChainLink would help with community engagement, and community engagement leads to more devs trying out your products, more scrutiny on your whitepaper/technicals (which is always good), and so on. The Smartcontracts team is doing itself a disservice by staying hidden and reserved about what it is doing.

Personally, for now, I will be selling all my chainlink I've had since ICO, and leaving the Chainlink channels (telegram, this subreddit also). I bought since I think the Oracle problem is going to be a huge deal in the upcoming years with the decentralization trend (and it felt cool to be a part of that), but almost no one cares about it right now and the team is doing nothing to alleviate that fact. Pretty much everything in the community revolves around people trying to interpret the hidden meanings behind statements made by the team so any place dedicated to chainlink is pretty much an echo chamber with limited information that just keeps theorizing (not about the token/protocol, but about the meaning of words).

Anyways, if you can't tell I'm not mad, I'm just disappointed. Projects with worse theoretical fundamentals are stealing the limelight, and with a huge community comes huge dev support/partnerships/people actually using your product, and I feel like Chainlink may be dead enough that we are close to the point of no return.

PS: didn't spend too much time on this so forgive me if it sounds like a rant or it sounds like I'm rambling

>> No.12650235

They are probably doing the silent exist scammin after raising 32 million from ICO and now living the life of ease.

Little to none development for the next years, soon the news will be less and less. Maybe one talk per year etc. Then after 4-5 years just say "this thing did not work out, but hey, we tried" and they kind of abandon the project while some of the retards here are left to trade muh internet tokens with their cuck nodes like little cucks they are

Go look at Sergey's ex-project NXT. There are still few dedicated autists talking on Reddit about it even though it is a fucking dead project with $10 daily volume on coinmarketcap, but they sill believe in it, just like the cucks here.

>> No.12650251

K

>> No.12650282
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12650282

>>12650205
>leaving the chainlink channles (telegram, this subreddit also)
>this subreddit

>> No.12650289

>>12650205
They don't give a fuck about short term price increases because they realize that LINK will be the industry standard in the future, and that smartcontracts are an inevitable. Hyping a sure thing prematurely is pointless. If anything, no hype is the biggest hype possible-- the quiet confidence says more than hype ever could. Plus, it gives us more time to accumulate. Sergey looks out for us like that.

>> No.12650297

>>12650205
they can buff that out no big deal

>> No.12650305

I only have 100k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. I need to make it to 300k before mainnet for fucks sake. Link is only going to $10 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it. The upper predictions for Link where about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen anymore.

The singularity is cancelled. Now we will have a slow growth to $10. And the sad but ironic thing is most people on this board will hold from 20 cents, to $10 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $10. Looking at the current charts depresses the fuck out of me when I know I only have 100k Link, nowhere near enough to make it.

At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.

>> No.12650307

>>12650289
This. He's done it so faggots like OP sell.

>> No.12650510
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12650510

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>> No.12650538

>>12650297
Ferrari themselves fixed it and sold it for over a million

I can't believe I remember what that wreck is from