/biz/ - Business & Finance

>>21657763
bart

>>21657763
Bitcoin 2.22: You Can (Not) Make It

>>21657763
thats the BUY THE FUCKING DIP pattern

>>21657763
The Meme Chart

Meme Bubble chart

>>21657763
Hmmmmmmmmm not sure but definitely not a bubble!

>>21657763
ETH retrace and pop to 100$ pattern

Correcting upwards.

PnD

>>21657763
Stop and reverse.

>>21657798
somebody post the EVA pepe

That's called The Hollow Promise

>>21657763
premoon, priced out edition

>>21657763
>Plebbit notification
kys

>>21657763
The 2017 run

>>21657763
The Chad Fad

>>21658002
But in 2017 everything pumped 1,000x and more.
This time, Chainlink is the only top coin pumping, and it's only at x160 since ICO.

This is in no way comparable.

P&D

Friendly reminder that before this mess, chainlink had 3bil market cap, now its around 5bil. The normie/dumb money discovery seems minimal

>>21658123
>The normie/dumb money discovery seems minimal
Chainlink only did a 4x since the start of price discovery at $5.

>>21657763
That's called ETH January 2017 pattern

It's only just getting started friends

>>21657763
>hurr it's a bubble
>line clearly go up fast durr

How are there so many retards on this board? It did a 5x into a 25% retrace in 2 months. There was a shit ton of new money entering the market during that time. LINK has a potentially amazing use case and was undervalued for a long time. If this was a bubble, it would do an ETH 2017 run, still might. Not a bubble yet morons.

>>21658210
this man is delusional

>>21658210

> a network running at a 2M$ deficit per day supplying price data other exchanges can do for free (Uniswap, dydx) is undervalued

Lmao, you fucking retards

>>21658396
>supplying price data
look at the retard and laugh
if crypto has a future, it relies on LINK

and crypto is the future

>>21658396
>a factory producing a few thousand electric cars at a loss worth 20 billion
>only retards would buy

I bet you tought this way about tesla in 2014

>>21658298
he's not. it's absolute logic and you're a cunt

>>21658464

That is what chainlink does LMAO. Also, the LINK token has 0 current use. Way to totally ignore the exchanges with their own oracles working perfectly well (uniswap/dydx)

>>21658474
>compares two completely unrelated and fundamentally different things
>got you retard!

also way to ignore the in house oracles that have worked better than chainlink and dont cost 2M$ a day.


Thanks for holding retards, I made 28BTC off your stupidity.

>>21658396
>supplying price data other exchanges can do for free
You're a fucking retard

>>21658597
Cope

>>21657763
first sell off

>>21658599

Bet you won’t explain why. Bet you don’t know the largest decentralized exchange doesn’t yse chainlink oracles and has their own inhouse oracle that has never failed, unlike chainlink 2M$ a day oracles. Bet you don’t know coinbase is building their own oracles. Stay deluded faggot, I love taking your money

>>21657763
Standard hysteric meme buying pattern followed by a dump.

Billy

>>21658621

The real cope is your response.

>>21658396
>a network running at a 2M$ deficit per day
lmao, where the fuck are you getting that?

>other exchanges can do for free (Uniswap, dydx)
Uniswap is ETH only you absolute PLEB.
Expanding beyond that is exactly why Chainlink exists.

And dydx only has ETH-USD as its sole external price feed. And maybe stablecoins like USDC if you count those.

>>21658646
If you ever wonder why maker dao won't use link (which is a legitimate question), just read this, you'll understand.

Also, no need to be le epic troll xD to get answers about Link nufags. Ask politely and there'll always be some anon happy to help. It's gonna be ok nufren, just hold and be patient

>>21658597
>the LINK token has 0 current use
Except every single node operator, including T-Systems (Deutsche Telekom), amirite?

>>21658716

Show me the Chainlink oracles running on another blockchain LMAO. You think Uniswaps oracles can’t be replicated on another network? Deluded moron.

>how’d u calculate the cost from an open ledger network?

Nice DD on your investment retard.

>>21658751
To be fair, Rune is the founder of Maker and he's all for using Chainlink.

>>21657763
>Name this pattern
The Beginning

>>21658803
correct, they know its the best solution, but head of their oracle team doesnt want his MKR fees cannibalized

>>21658764

Nice little propaganda piece. Sure does a good job fooling the new idiots around here.

Explain what the Chainlink token does in this scenario aside from being a Sergey subsidy, i’ll wait.

>>21658794
>Show me the Chainlink oracles running on another blockchain
You are absolutely retarded.

Every single Chainlink feed that involves fiat like USD, GBP, JPY, ... or real-world assets like gold, silver, ... or legacy indexes like FTSE, N225, ... or even non-ETH crypto like BTC, ... are all non-native to ETH and therefore unusable for Uniswap.

>>21658857
>propaganda piece
That's from Makderdao's own forum lmao.
https://forum.makerdao.com/t/using-chainlink-oracles-for-link-usd/2670/15

>>21658751

What exactly do you think you are proving? No shit they are competing products. Chainlink is only big because sergey subsidizes everything by dumping 500K-700K stacks on the delusional heads of yours. This does not make chainlink the only pony show in town but it does number its days. Uniswap/dydx have their own oracles that don’t cost 2M$ a day to run, Coinbase is developing their own oracle solution. Notice how neither require erc20 tokens,

>>21658857
> what does link do?
Keep T-Mobile on the straight and narrow.

>>21658929
>Chainlink is only big because sergey subsidizes everything
Nope.
Chainlink users have to pay.

>>21658923

Way to avoid the actual question!

>>21658902

None of those things can be traded on Ethereum. They all have to be pegged to an erc20 derivative which Uniswap can easily do. Again, show me a Chainlink oracle running on anything other than Ethereum

>>21657763
BASED NEW PARADIGM PATTERN FAGGOT
https://www.youtube.com/watch?v=MIyBFNjc1kY
ITS MONKEY SEASON $1000 EOM LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
>>21658944
checked

>>21658979
>Way to avoid the actual question!

You: "nice propaganda piece"
Reality: that's Makerdao's own forum

And violá

>None of those things can be traded on Ethereum.
That's my point, yes.

>They all have to be pegged to an erc20 derivative
lmao, you need price feeds for that.

>>21658979
You had 3 years to learn and understand, pussy.

>>21658944
Hmm I wonder what those data feed providers get paid in

>>21659071

I’ll say it again. Explain what the Chainlink token does in that scenario aside from being a Sergey subsidy.

>they need price feeds for that
Which goes back to their in house oracle which tracks the price of multiple assets INCLUDING the USD which doesn’t exist on the ethereum network. As soon as the money dries up chainlink dies. They need the gullible bag holders to keep buying useless tokens.

>>21659084

Oh I totally understand it, i’m just not deluded enough to think this will last. I made 28BTC from LINK. The only price for the chainlink token long term is 0, it has no use or function aside from a fundrasing mechanism for Sergey.

>>21658929
If you knew anything about blockchain, you would know that paying for the service is how you ensure that the system is trust less. If you do not think that oracle services should be decentralised and trust less then yes you can continue using traditional data feeds. Then you're basically saying the service is too expensive, the market will decide on this. And stop with the highly emotional attitude, are you a woman?

>>21659129
>Explain what the Chainlink token does in that scenario
See pic in >>21658764

>Which goes back to their in house oracle
Ya, or the vastly superior legacy and crypto markets-encompassing decentralized oracle that is Chainlink.

>>21659129
>3 years
The first of our /bizlets/ has been priced out. Commence pump in T-minus 8 days.

>>21659165
that Redditor got btfo. notice how he won’t stop replying

>>21658979
>show me a Chainlink oracle running on anything other than Ethereum
Noone can show you any test transaction not running on Ethereum because they’re not being done on ETH so they are not on a public blockchain ? Can you see any R3 transactions ? Hyperledger ? BSN ? NO. There is no other blockchain than ETH worth developing on right now, and enterprises are more likely to choose R3/Hyperledger or BSN, and actually BSN is integrating six public blockchains and what do you think which decentralized network will maintain the data flow between them ?
https://www.crypto-news-flash.com/chinas-blockchain-initiative-bsn-first-integrates-chainlink-ethereum-tezos-neo/

>>21659129
>Which goes back to their in house oracle
Wait, whose in house oracle?

>>21659221
Yeah, what's annoying is that it's probably a nufag or someone that missed link and not sure if he should hop on the link train now so he's trying to clear all his doubts by aggressively fudding in order to get the answers he needs

>>21659288
Oh you know, everyone's.

Because everyone out there will waste time and effort building their own in-house oracles that no other contracting party will trust instead of simply using the already existing industry standard oracle that has crypto and legacy industry approval, and features academically conceived plug-and-play features like TEEs, mixicles, T-sigs, etc.

>>21659159
swingies get the rope. Just reminding you.

I don't care about your FUD, it's not all that great. But I'm reminding you. Don't be stupid bro, buy back in soon.