/biz/ - Business & Finance

fuck off dyor

>>15856119
YOU HAD
2
TWO
FUCKING YEARS
LOOK THROUGH THE ARCHIVES
WE ALREADY HAD 1000000 THREADS LIKE THIS
ITS SO FUCKING TIRESOME

>>15856119
Not now. Too high. It would be fomo

>>15856119
>he cant read the whitepaper

HAHAHAHAHAHAHA

>>15856119
Buy whatever has the dankest memes

>>15856119
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

>>15856119
nope, js neck urself

>>15856119
you can only cross the river by paying the ferryman in LINK (which btw has a finite supply), being able to cross this river will allow large enterprises to lay off half of their back end staff, which if they don't do will result in their destruction

>>15856119
No, you shouldn’t. It’s literally a pump and dump scheme used by faggots here. Look at the chart. They hype people up, get them to buy (like they are now) then dump it.

Why do you think the relationship is so fucked up regarding link here? Basically everyone has been burned by this shitcoin.

Here are some of my anxieties about cryptocurrency: Each coin is a form of digital pyramid scheme where the makers enlist waves of buyers to buy the coin at bigger and bigger prices. Each wave of buyer is encourages to enlist more buyers (suckers) that will buy the coin after it has risen in price. For the pyramid scheme to work, fresh suckers must be brought in to buy the coin, until eventually the bubble pops and prices fall back down to Earth. It seems whoever controls the largest amount of each coin controls the supply (top of pyramid scheme) and affects the market of that coin. It's like playing 'hot potato' but eventually someone is left holding the potato/bag; those people will lose their money and when the coin crashes, another altcoin has to be created for fresh blood and new suckers to grift because no one believes the old coin is valuable anymore. Each coin is only real if we collectively agree it's a real entity. Bitcoin is the most successful coin because it was the 1st coin, leading people to believe it is more legitimate. Hence, people are still buying it and propping up its price, despite that it's already been 'pumped and dumped' many times with fresh waves of suckers. In summary, Bitcoin only still has some value because people collectively believe it has value so they still buy it. It's like some mass delusion where we all agree the emperor has clothes when he's naked or that the world is on the back of a giant turtle when it's not.

This board is so surreal sometimes. It feels like dozens of e-grifters trying to get you to buy into their scam-coin of choice, carefully crafting their propaganda so that you'll take the plunge and become the next sucker in the pyramid scheme. Why is it that every queer that buys some some shitcoin starts shilling it and wanting others to buy it too? Self-interest.

>>15857556
gonna take me abit of time to read that there mate but thanks i will read it eventually