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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15222065 No.15222065 [Reply] [Original]

10. The reason why Chainlink is made is because it will be used as the bridge from crypto to the real world. However, this doesn't really work since in order for a crypto to have a price, it must be backed up by something physical and functional. Chainlink does not currently have these features.
9. Chainlink current price is $2.38 which is overpriced and overbought. Actual Chainlink worth should less than a buck considering that this coin doesn't do anything besides being a "concept" coin that gained commercial and advertising advantages from Facebook (NASDAQ:FB) and Google's (NASDAQ:GOOGL) Twitter mentions.
8. As stated earlier, Chainlink is just riding Google and Facebook's popularity. So basically, Google and Facebook advertised Chainlink for FREE.
7. Following the mentions and announcements, it is quite mysterious as to how Chainlink suddenly pumped to the overpriced value of $4. There's a possibility that some whales or a syndicate doing a PnD on Chainlink.
6. Chainlink's use-cases are as speculative as its price.
5. There's no way Chainlink will be accepted in the real world if most of its investors are racists, bigots, and fascists. Chainlink investors are the most homophobic of kind, and they masturbate to cartoons all day. They live in their parent's house and let their parents do all the hardwork for them.
4. Chainlink is considered as a security and is systematically fraudulent.
3. The developers hold 70% of the entire coin supply, meaning these developers could dump their entire stack and move on to a new scheme, Bitconnect style. UPDATE: They dumped 700k as predicted.
2. Actual volume is fake and manipulated by exchange bots.
1. The developers are in cahoots with Vitalik who might possibly be a paedophile.

>> No.15222082

DR;NS

>> No.15222117

>>15222082
>Team owns 65%
>Team aggressively selling
>Linkers: this is bullish

>> No.15222129

>>15222065
I have trust the concept of chainlink will be very usable, but you're right I don't see the 1k potential yet because long term adoption is very slow.
This adoption might boom but not right now, and probably only after the next bullrun somewhere 2024-2027.
This bullrun will be pure speculation, with the added difficulty of normies not understanding the concept and this peak chainlink will be around 50$.

>> No.15222140

>>15222082
You are deluded. Don't cry if you get dumped on.

>> No.15222146

>>15222117
You rather be glad they sell as much early, then they have less impact in future stages.

>> No.15222179

>>15222117
what prof you have that they "really sold" than just that they transfered 700k links? NON

Thank you. Nolinkers BTFO's ultimatlly. So fuck you stupid tranny

>> No.15222214
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15222214

>>15222179
>what prof you have
My legendary thread.
>>15062117

Why do linkie newfags think they’re welcome here?

>> No.15222258

>>15222214
because it's /biz/ and link wether anyone likes it or not is business related. cry moar tears of dispair thinking you or anyone else has ANY say who posts here as long as it's business related. back to plebbit you go elitest queer

>> No.15222273

>>15222065
lol it's still over $2?

>> No.15222285
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15222285

>>15222065
You said link will be sub $1 by this time you lying piece of shit faggot

>> No.15222402

>>15222285
Shall we dump on them? Or should they dump on us?

http://sys.4channel.org/derefer?url=https%3A%2F%2Fcryptoiq.co%2Fchainlink-link-devs-kill-rally-and-precipitate-46-drop-in-price-by-dumping-9-8-million-tokens-around-275-million-tokens-still-held-by-devs-and-350-million-tokens-earmarked-for-staking-yet-to-be-tou%2F

>> No.15222438

>>15222065
Good FUD, very bullish

>> No.15222477
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15222477

binary betting options using the linkpool nodes or some shit that has a small % fee?
lets get some ideas of how we can build stuff using LINK oracle data.
thanks frens

>> No.15222688

>>15222438
>Team owns 65%
>Team aggressively selling
>Linkers: this is bullish

>> No.15222689
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15222689

>>15222082
FPBP

>> No.15222717

>>15222688
>LINK up 800% since last year
>Team aggressively expanding
>FUD: All time high

>> No.15222741

>>15222065
>5. There's no way Chainlink will be accepted in the real world if most of its investors are racists, bigots, and fascists. Chainlink investors are the most homophobic of kind, and they masturbate to cartoons all day. They live in their parent's house and let their parents do all the hardwork for them.
HAHAHAHAHAHAHAHAHAHAHAHAAH *inhales* HAHAHAHAHAHAHAHHAHA
This was the funniest part.
>3. The developers hold 70% of the entire coin supply, meaning these developers could dump their entire stack and move on to a new scheme, Bitconnect style. UPDATE: They dumped 700k as predicted.
>total coin supply 1 Billion
>developers hold 70% (700 million)
>dump their entire stack
>they dumped 700k
>they dumped 0.07% of the total coin supply
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAAH

>> No.15222801
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15222801

>>15222741
Laugh while you still can.

>> No.15222832

>>15222065
100% agreed with all your points
and this is exactly why I’m still all in

>> No.15223475
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15223475

>>15222065
nice one OP

>> No.15223534

>>15222717
It's not. They have not prepaid and signed a hundred staff + purchased office space. Their capital raise does not align with labour expenses.

>> No.15223542

>>15223534
>dude trust me