/biz/ - Business & Finance

>>16677447
If you have a 50k stack you can make long-term income when staking is introduced
Otherwise the pump has already come and it's currently priced and what the price should remain stable at for many years to come (read the whitepaper)

>>16677447
Sergey, himself, essentially said LINK will be obsolete in a decade. Take that for what it's worth

It's a shitcoin that will be going to $0 in a couple years. It's pumped by pajeets. The team has no sense of direction and keep saying the same shit over and over again. The job positions on their website have been there for months. How long does it take to hire for a fucking remote job? And they're sitting on millions...

>>16677652
>>16677845
>>16678664
LAUGHING OUT LOUD

>>16677447

>>16678749
So clean, so neet

>>16677447
>>16678776
Chainlink is the next logical step in Blockchain technology. If chainlink fails then everything else will die in the long run, but if chainlink succeeds then the Blockchain as a whole (especially smart contracts) will flourish, which in turn will raise LINKs market cap significantly.

>>16677447
Seeing how hard it is for banks to stop using COBOL after a few decades, I suspect that LINK will be used until the end of this century once it becomes the reference for smart contract oracles.
Even if a better technology appears later it won't be used as the effort to move to a new technology will be too big.

>>16678749
so instead of getting your data from a trusted 3rd party, you will get your data from an untrusted third party, and then go get it yourself to verify its correct? $1000 EOY confirmed

>>16677447
Its blockchain agnostic. Its value is in the network of node operators. The token is simply a means of incentive for participation in the network. You arent investing in ChainLink[LINK], are investing in Ari Juels and Sergey Nazarov(and to a lesser extent that chink from Faceberg).

boracle broblem

>>16678664
What coins or projects would you recommend

>>16679038
It's called FUD... He would recommend LINK.

>>16678887

Why are the fudders so stupid? Any intelligent FUD anymore?

Zero.

Token not needed.

>>16679146
>trustless trustless is trustworthy!
double negative doesnt make a positive retard
>>16678749
that's funny, because there are many oracle solutions already being used on mainnet that work perfectly fine, which DONT REQUIRE A TOKEN

>>16677447
DUMP NOW. Vaporware scam. See you at 50 cents faggots

>>16677447
It's an erc20 token that can be printed from thin air. The network will succeed, but third parties will just enable stablecoin as collateral, which is infinitely better. Invest in MKR.

>>16679157
The oracles that don’t require a token are run by the team that created the dapp, which is a glaring central point of failure. Maker might claim their price feed is decentralized but they could be (and probably are) running all 14 nodes or whatever their config is. It’s all fuckin smoke and mirrors with so called “defi” until you have something like chainlink handling the data

>>16678699
Look for yourself if you don't believe it

>>16679303
>unless you are using my unnecessary token, it's all smoke and mirrors
lmao

Link built freeways before there were cars. Think about that.