/biz/ - Business & Finance

>>22909848
Buy walls getting eaten like candy. Seriously wtf is happening though tremendous sell pressure and someone won't let it dump properly.

>>22909848
Dumpening

>>22909904
The market is gearing up for Q3 rolling over into Q4 with no Oracle integration.

>>22909975
>the tranny and fiverr jeet fud squads are gearing up for Q3 rolling over into Q4 with no Oracle integration
Fixed. /biz/ is going to be flooded again with these faggots in a few days.

>>22910141
>/biz/ is going to be flooded again with these faggots in a few days.
Well what did you expect?
Get mad at Sergey for passing up on Oracle's offer.

See. They will spam this narrative that any relationship between LINK and Oracle is officially and undeniably over.
Only retarded newfags would fall for it but I guess that's a big portion of the /biz/ population now. Never sell to these kikes.

>>22910251
>this narrative that any relationship between LINK and Oracle is officially and undeniably over
Well it's not a good sign to have many months of absolute radio silence on the relationship, and then having a major milestone simply go by with zero news.

>>22910315
Then sell. What are you even trying to say?

>>22910341
>What are you even trying to say?
This: >>22909975

When Oracle? Was it fake? What will happen? Please help me frens!!

>>22910355
Oracle called the partnership off

>>22910355
>When Oracle? Was it fake?
It was definitely real on Oracle's side; they actually did want to integrate Chainlink.
But it seems Chainlink didn't want to do it.

Sell.

https://twitter.com/chainlink/status/1310928476007010313

>>22910435
>>22910425
>dude just trust me

>>22910516
How else would you explain the complete radio silence, and lack of any news on the deadline?

>>22910435
>>22910435
So chainlink itself messed it up? How do you know? It’s all so tiring. They never messed things up publicly...

>>22909848
just DIA taking LINK market share, the usual late 2020 stuff

>>22910141
Fiverr jeets XD Do they spam the entire board for $5? Show proof

>>22910341
>>22910516
Why are you retards getting so defensive?
So is this a good sign?

>>22910525
>Q3 and beyond
Try harder tranny faggot

>>22910463
I knew there was a reason we were dumping

>>22910530
>So chainlink itself messed it up?
It appears so.

>How do you know?
Oracle already has the use cases lined up, pic related.
All that needed to be done was Chainlink simply had to expand mainnet beyond Defi price feeds.
In other words: all they had to do was deliver a mainnet as described in the 2017 white paper.

Oracle asked for this in February, nearly 9 months ago, and Chainlink appears to have flaked.

>>22910564
BTW can anyone confirm that Q1 and Q2 milestones have been achieved?

>>22910551
>Why are you retards getting so defensive?
Lol?

>>22910546
>XD
This is either weak bait or they need to coach better

>>22910564
Ian Keane was the last point of contact between Oracle and Chainlink, and he said the integration was expected to happen in Q3.

>>22910592
I'm all in LINK retard this is not FUD stop dismissing everything you don't like.

let it crash more so I can get some more cheap linkies
I'm so late to the party, let the newfags in plz

>>22910600
doubt they would wait til' the last day of q3 so its not gonna happen this month at least

>>22910463
How is this a bad thing?
Real question, I'm dumb

oracle is so dumb, how do they not do business with the man who solved "the oracle problem"?

are there any other companies with problems that sergey can solve?

>>22910641
I will never understand why this integration prospect didn't light a massive fire under Sergey's ass.

>>22910649
Chainlink always dumps on good news

>>22910657
>oracle is so dumb, how do they not do business with the man who solved "the oracle problem"?
What? It's the other way around, Sergey appears unwilling to do business with Oracle.

>>22910608
>this is not FUD
>doesn’t even have source to back it up
Who’s getting defensive?
>>22910600
>expected
I know English isn’t your first language pajeet

>>22910692
Source to what retard?

>>22910692
>>expected
>I know English isn’t your first language pajeet

Literally what?

Ian Keane literally said "I am told it will be Q3 2020".
This means the integration was expected to happen in Q3 2020.

Are you on drugs right now?

>>22910661
maybe they wanted to make sure to get integrated in as many defi projects as possible lul? or they have something more important happening?

Is this basically an admission that LINK can't actually achieve the goals it set out in the whitepaper? It's not a great sign when huge organisations are begging you to do the job you outlined three years ago and instead you walk away to play with price feed apis

>>22910577
Alright. Shit. So there is no mainnet? Think I will sell my 2345 link now. It just sucks from an investors perspective that the team is in complete radio silence and doesn’t focus on major players aka Industrie adoption. Instead they partner with these shitty defi scam products. I am out frens.

>>22910577
You have no clue what they have or have not completed brainlet.

>>22910736
Neither do you. Nothing is set in stone.
I believe in LINK, I'm almost convinced that it will lead the alt rally, but you have to be delusional to think that it can never fail.

>>22910713
Why are you sperging angrily out like a retarded?
>>22910715
>expected
>adjective
>regarded as likely; anticipated.

>>22910733
I'll never recommend selling Link.

>>22910736
Unless they actually deliver on the absolute last day of Q3, we do know that they haven't completed whatever needed to be completed for Q3 Oracle integration.

>>22910807
Because you remind me of XRP schizos with your zero insight and dismissive responses.

>>22910807
>>expected
>>adjective
>>regarded as likely; anticipated.

Yes.
And apparently Chainlink failed to meet the expectation.

>>22910722

lol, no. sergey set out to solve the oracle problem and did it, like the mad genius he is. oracle is about to become a tiny relic company, and linkies are about to surpass bitcoin in price.

>>22911002
Yes and XRP $2000 EOY

>>22910836
We’ve been deluded for the past 3 years newfag lurk moar

>>22911070
You know why I've been all in all this time?
It's because /biz/ has been able to disprove any FUD time after time.
So no, if you were truly an oldfag you would know that LINK hype had nothing to do with delusion.

>>22911154
>>22911070

How about that dead cat bounce?

>>22910166
>Get mad at Sergey for passing up on Oracle's offer.

Oracle's "offer" was probably: please run chainstink on Oracle(r) Cloud(tm). The fact linkies though Oracle would have any partnership outside of oracle selling them services was peak delusion.

>>22911175
newfag

>>22911249
>Oracle's "offer" was probably: please run chainstink on Oracle(r) Cloud(tm).
No.
See pic in >>22910577

That was a Chainlink-themed presentation by Oracle's Ian Keane early this year.

>>22911272
pic related doesn't say anything about chainlink retard. ALl of those "use cases" can be done with Oracle(r) CloudReady(tm) Hyperledger(r) as a Service(tm)

>>22911262
yawn. Wake me when we hit $20 again...

>>22911330
based

CHAINLINK SUCKS

>>22911324
>pic related doesn't say anything about chainlink retard.
Yeah, I'm sure the Oracle guy doing a Chainlink-themed presentation just displayed those for show.

>ALl of those "use cases" can be done with Oracle(r) CloudReady(tm) Hyperledger(r) as a Service(tm)
With the use of oracles, sure.

>>22911362
>Chainlink-themed presentation
"themed" in what way? post the whole slide deck or talk at least you schizo retard.

and you're wrong. businesses don't care about oracles for this usecase. a distributed ledger with select trusted nodes is suitable for every use case posted in your shitty pic of a slide deck.

>>22911154
The fud isn’t even good anymore. Easily debunked bullshit these days.

>>22911416
Debunk it then.

>>22911402
>"themed" in what way?
Themed in this way: https://www.meetup.com/Chainlink-Great-Britain-Connected-Smart-Contracts/events/268608685/

"special Chainlink event"

>>22911501
post the slide deck. that pic has nothing to do with chainlink and you're a highly delusional.

>>22911477
There is nothing to debunk. Explain why you’re fearful, uncertain and doubtful. Beyond “thing didn’t happen in big neon flashing lights by day they say so thing will never happen.”

>>22911501
also from your "event" page

>Oracle Blockchain Platform allows businesses to reliably share data and conduct trusted transactions with suppliers, banks, and other trade partners through integration with existing or new cloud-based or on-premise applications. https://www.oracle.com/blockchain/

sounds like a literal sales pitch. You're reading way too much into things that literally aren't there.

>>22911535
>slides shown during "special Chainlink event" by Oracle, who wants to integrate Chainlink
>nothing to do with Chainlink

>>22911569
rebunked

>>22911569
Jesus you people are so retarded, you literally got married to your shitty investment and can't see the reality around you. I'm not even sure you have any real world experience or ever even been to a business related expo.

>>22911569
I'm going to further point out how retarded you are with literal screenshots to the linked page as well.

>Preassembled block chain as a service that jus werks(tm)

where is chainstink mentioned? where is smartcontracts mentioned? nowhere retard.

>>22911565
>>22911605
>>22911646

You're truly picking a mighty strange hill to die on.

See pic, the slide that started it all.
Note how it says "trusted data source - Chainlink integration".
This means the Chainlink integration was related to data sources.

you spergs are overthinking this

buy linkies + don't sell = price moons

bitcoin hodlers figured this out years ago, the problem was all the noobs didn't hodl and panic sold.

>>22910617
This.
LET ME IN.

>>22911656
why don't you post the whole slide deck dipshit?

also that doesn't say anything. All oracle is saying is, hey you can also shit all over your dick by wasting money dealing with chainlink nodes. You're literally reading the wrong message from the advertisement slide deck.

>>22911724
>why don't you post the whole slide deck dipshit?
What would that change?

We have the original slide saying "trusted data source - Chainlink integration", and we have Ian Keane from Oracle itself showing slides of Oracle's blockchain use cases being developed right now; all of which need external data and thus oracles.

>>22911763
>all of which need external data and thus oracles

wrong. Hyperledger Fabric can store "external" data. You literally don't even know how distributed ledgers work huh?

>>22911831
>wrong
haha k

>Hyperledger Fabric can store "external" data.
Hyperledger Fabric needs oracles to access external data.

You're just hilarious at this point.

guys where is he now? he would had 1.7MM XRP with that link stack, now he barely gets even half of that.

absolute state of link zoomers, they got meme'd holding russian made project instead of legit, american project.

>>22911943

sergey bought a place in NYC, hardly a russian project, retard.

>>22911993
even his name is as russian as it could be, whos the retard here. keep holding those cyberpunk fantasy nerd coin projects instead of legit american technology companies. stay poor, zoomer

@riodefiofficial and its Nodes are developed with RUST as it's created to be a language for highly concurrent and highly safe systems and programming in the large to be able to provide boundaries that preserve large-system integrity.

>>22909848

>>22911546
For starters everything that had to do with Oracle turned out to be a giant nothingburger. What happened with Oracle startups? Where are the rest of them? Where is the Oracle blockchain integration and why are there no news for it's progress?
What about Libra and Evan Cheng? Is he still on board?
Why did Chainlink remove Paypal NASDAQ and SWIFT logos completely from their site?
Where is the evidence suggesting that SWIFT actually uses LINK?

>>22912187
And why is LINK dumping harder that the rest of the shitcoins after a brutal 60% correction?

>>22912230
>brutal 60% correction
Honestly I want Chainlink to dump to like 2 cents at this point.
Maybe when Sergey reaches into his coffers and finds nothing but dust he may start to consider actually delivering something instead of just taking taking taking untold millions.

>>22909904
>Seriously wtf is happening though tremendous sell pressure and someone won't let it dump properly
It's at 9.91

>>22911693
> bitcoin hodlers figured this out years ago, the problem was all the noobs didn't hodl and panic sold.

No, the problem is that the bitcoin infrastructure requires the electrical input of a small nation to operate, which means that without new money entering bitcoin it will simply bleed out value over time. It's doomed from the start. So are most blockchains.

>>22910733

This was so convincing that I just market sold my stack from 2017.........thanks fren

>>22912280

he's delivered plenty.

sergey solving the oracle problem and getting shit for it is like einstein splitting the atom and being called a fraud.

>>22912187
Blah blah more recycled fud (the logos were changed in January you’re either retarded or really bad at this).
Wake me in 2022.

>>22912338

the energy is the security of bitcoin. all the money spent securing the infrastructure is reflected in an increasing bitcoin price.

>>22912319
When I posted this 2 hours ago it was at $10.11
Right now it's struggling to stay above $9.80

>>22911154
>I was spoon fed for 2 years and now that the OG’s are gone my hands are shaking

>>22912359
>he's delivered plenty.
No.

The 2017 white paper promised staking, reputation, order matching, aggregation, threshold signatures, TEEs, Service-Level Agreements.
This was three years ago.
Guess how many of these features he actually delivered so far.
One: aggregation.

>>22912402
No they weren't. I am a LINK holder dipshit.

>>22912423
OG's taught me to question everything. That's why LINK survived on this board.

>>22912441
I didn’t say you weren’t retard. This is accurate >>22912423

>>22912439

he's very close on the rest, and accomplished the biggest part of the challenge. 3 years really isn't much time

>>22912473
If your confidence remains unshaken then you will have no problem refuting my points. Go ahead.

Obviously, this is still early-days. But so far, this is all looking like the last big wedge we formed before the pump to $20. If it's similar to the last one in terms of height and distance, then we'll be hitting $350-400 EOY 2021 (which is coincidentally when this cycle is poised to top out at)

>>22912536
>spoonfeed me now please

>>22912546
also, it's worth pointing out that that big dump after the top wedge was the covid-crash. so had that not been the case we would have gone parabolic sooner.

>>22912546
When do I sell ?

>>22912532
>he's very close on the rest
Doesn't look like it.

>>22912546

good analysis, but too conservative. 10k by eoy 2021.

>>22912584
up to you anon. how much have you got?
I live in bumbfuck nowhere so im selling my 4K LINK at $300 to retire, but keeping the remaining 1K link for the fun of it.

>>22912569
You asked me why I'm fearful uncertain and doubtful. I provided the answer. It's your turn.
Stop trolling. This is not FUD it's an attempt on serious discussion about the project. I cannot see why this constitutes as spoonfeeding to you.

Why did op post that image, my holdings are red, will this price keep going down? Should I just sell and wait for the price to fall so I can buy back in? Why am I going to start seeing green

>>22912608
I'd obviously love that but I don't see it being that early anon.

>>22912546
according to Cowen (intothecryptoverse) the peak for this bull run will be around eoy 2022 early 2023 and he is pretty sound in his calculations I do not believe 2021 will be the bullrun (the fact that all clickbaiting youtubers are saying 2021 as well is pretty bearish senpai)

>>22912696
okay, I'll have to look into intothecryptoverse. thanks for bringing it to my attention fren.

>>22912404
How does energy consumption result in increasing price? Do you think that by having to pay more money to operate the infrastructure, the product of this infrastructure (bitcoin) gains value? It might seem so at the first glance but it is in fact false.

The people who run the miners have to pay electricity. They get paid in bitcoins. They sell bitcoins to gain fiat currency with which to pay electricity (and possibly other life's expenses). By selling they are driving the price down. To be able to sell for fiat currency at all, there need to be buyers of bitcoin who have fiat money.

And if the interest of new investors goes away, holding of bitcoin by existing investors does not preserve price, the miners must still get paid by investors entering the bitcoin.

>>22910675
Think of it as your nutsack constricting before you spew baby batter everywhere

>>22910733
>>22911002
based and triple checked

Yes fud the price to 5 so you can get back in get off your computer and stop staring at the price every fucking 10 seconds

>>22912627
>tfw only 235 LINK
I buy $150 more every week. By EOY 2021 I should have about $80k to reinvest, if I do it right I might be able to retire within the next 5 years before I’m 30? Sweet.

>>22912763

no, the price of bitcoin represents all the energy that goes into mining and maintaining bitcoin.

when people pay an electricity bill with fiat, they are divesting themselves of fiat, and investing it crypto.

>>22913046
144 link here. neet loser degenfag reporting for duty. considering wageslaving again for when it drops back to $4 and just put every slave shekel earned for the next year into it. but fuck man every second spent doing something i dont want to do is soul sucking im too weak of an individual to suck it up and deal with it so instead i stare at a wall for 4 years

>>22913137
Once they run out fiat (i.e. when all their income is crypto from mining like those chink miners), then they cannot divest themselves of fiat, which they don't have. Then they need to buy fiat with crypto.

What you're basically saying is that when, for instance, euro countries buy dollar priced product like oil, that they are divesting themselves of dollars, but that's simply not true, since they have to buy dollars. Similarly, miners whose main income is the mining, have to buy fiat with their crypto they gain from mining, selling crypto for dollars (or whatever).

>>22913270
>when it drops back to $4
not gonna happen sorry bud

>>22910315
>many months of radio silence
Have you not watched any of the fucking webinars? Either by Chainlink or Oracle?

If I get green ID, I'll buy more Linkies!

Wee hee!

>>22910564
>https://twitter.com/chainlink/status/1310928476007010313
Finally someone else that doesn't have blinders on...I thought I was the only one to notice this.

>>22912187
They have said in multiple webinars now that COVID shutdown would likely delay different aspects of rollout. I’m disappointed too and it seems like we’ll have to wait longer, but it’s still smart to hodl

>>22912187
>>22913580
also SWIFT and other logos are very much still on the site in multiple places, just not the landing page anymore. Check the jobs section descriptions.

>>22913424
its happening as we speak

>>22913436
>Have you not watched any of the fucking webinars? Either by Chainlink or Oracle?
Have there been any since May?

>>22913580
>>22913613
>>22913643
>>22913662
Honestly guys I'm thankful to /biz/, I bough at 0.80 cents and I'm up more than 10x, there's not many investments in this world that will get you that. Sure I could chase pump and dumps but just by holding LINK I have made hundred's of thousands out of thin air. Of course I want more and I want LINK to moon but I'm also thankful when I compare myself to normies who buy homes and wait 5 to 10 years for a 2x of their investment.

>>22909848
Did it drop below $10?

>>22912463
They also told brainlets like you to DYOR and to not trust everything they say. So congrats on not only being a retard, but also being a massive limp wristed faggot. Saged

>>22914422
Are you ok there anon lol

>>22913580
So all bets are off at this point.

>>22914663
I’m fine thx just enjoying the view where faggots like you aren’t getting spoonfed anymore. Gratz for holding this long hope u sell

>>22914888
So you don't see any scenario where LINK MIGHT fail? I think at this point you're emotionally invested to your investment.

>>22915014
>emotionally invested to your investment
>what happens when a bunch of autistic man-children make tens of thousands off link
yes.

>>22915014
>link
>failing
LOL
HE DOES NOT KNOW

>>22915103
Shit happens anon.

>>22910657
Well, Sergey's business is kept alive by toxic financing from his main competitor. It's not a good look that he needs CZ, who essentially controls the knockoff BAND, to keep his lights on through weekly dilution. If you're a traditional company like Oracle this looks exactly like it is.

>>22915014
Link made it into the top 5 without
>mixicles
>tsigs
>staking
>DECO

You tell me retard.