/biz/ - Business & Finance

>>29700852
Greater the gains = greater the FUD

>>29700852
Longest running scam in crypto

Everyone knows it's literally a russian scam coin.

>>29700852
It will never end. Start to worry when it disappears.

>>29700852
Plebbit invasion from brainstop made the discord trannies turn the fud to new levels. If you've been here since 17/18 you're probably comfy. If not good luck getting demoralized kek

>>29701247
I’m in six figure hell, sometimes they get to me but then I remember oh wait they’re retarded.

>>29700852
in the end, the chad holder who forgot he evened own x coin always wins.

ETH has been fudded since before it hit double digits. Now there are more people in crypto to fud and link is even more of a sure thing. Don't expect it to stop

>>29700852
i am gatekeeping for as long as there are still plebbitors making threads about GME and AMC. almost gone though

Warned you stupid fucks at $0.59 but you just wanted Sergey's dick up your ass. Sell now before the price is $0.01. You thought you were getting rich off LINK? No smarter than a street shitting pajeet, you spent your savings on a useless scam token. He got $32 million and is laughing (trust me, he really is) all the way to his Bank of America branch. He's even part of the private wealth division now that he has all your money (trust me, I have a friend at a downtown branch who has signed him up)

because price low and not high

>>29700852
I genuinely believe Chainlink performed so poorly these past few months because of all the LINK that had to be sold to subsidize node gas fees. Now that OCR is live I hope the sell pressure dissipates, and we finally moon.

Full disclosure, I have been shorting LINK with x5 leverage at obvious local tops with a small stack because it's so fucking weak right now. Ridiculous how easy it is to print money this way if you have been spending years looking at the LINK chart.
>tfw too scared to actually short LINK with big boi money since I still believe in Serg

>>29700852
You can't say there are no demoralised OGs. I know it's kind of a meme that everything's a psyop, but not everything is a psyop.
I've held since 2017. I'm demoralised as fuck.
$20 was great as you say, but we've done fuck all since. Plus I think the point is if we lose $20 we've fucked it this year.

>>29700852
Cos it’s funny and also reddit newfags dont deserve it

>>29702138
>Plus I think the point is if we lose $20 we've fucked it this year.
This makes no sense. Also we are 2 months into this year. What kind of logic is this?

>>29702138
Yea without the dilution I think we would have been at $40. Guess we gotta see how impactful OCR is these coming weeks. I’d like for us to be at $50 end of march.

>is it actually trying to get OGs to fucking sell?
I refuse to believe anyone is that retarded. It's just smokescreens for newfags.

>>29702138
>up 100x
>demoralised
if you're not happy at 100x you won't be happy at 10,000x. That's on you, anon.

>>29702328
How does it make no sense? $20 is obviously key support. As far as being fucked for the year, how much longer do you believe we can sustain these bull market conditions at our market cap? They don't last that long and link is already flailing.

>>29702481
Come on man. I could easily say if $35 was truly your brightest expectation, "that's on you".

>>29702138
You're in that discord spamming FUD.
You deserve to all be wagies as punishment

>>29700852
Are you new?
Much fud is alwayys bullish.

>>29702138
If you have held since 2017 then why are you demoralized? You should already know link does fuck all in a bullrun

my bet is Binance bots

LINK threads for the next little while are going to be filled with nolinker discord trannies posting demoralization tactics, which is what happens every time links crabs or bears. If you are an emotional nulinker with weak hands you are better off just putting link out of your mind for a while. OG linkers know whats going on and find the fud laughable

>>29702563
>How does it make no sense? $20 is obviously key support.
Why is LINK fucked for the year if it doesn't hold $20? Besides $20 being strong mental support, it just means that LINK can dump some more in the short term if it's broken. It doesn't say anything about what LINK will or can reach after that. Don't get too hold up on TA, it's dumb.

>>29700852
I remember feeling pretty low back in summer of 2018 when it seemed that Link would never cross $.60 let alone a dollar ever again. There was SEC fud then, and tons of Discord shits like Astro shitting up the place. They’re probably still here, but just dropped the tripfagging.
I feel nothing now, and nothing will dissuade me at this point. I’m just enjoying the ride.

>>29701337
As long as you know what you're holding let these trannies run their mouths. Guaranteed they're just a bunch of 10k stacklets that think fudding on foreskin will drive the price down lmao

>>29703111
Checked. Those were the days

because secretly all these neets on 4chan know they dont deserve to make it. Thus, they fud and drive prices down.
>haha memes
they think its funny and unironic meanwhile, other coins are skyrocketing and laughing at Link. Plus Sergey dumping every week doesnt help

>>29703111
checked and 100% agree. pretty sure all us OG's feel the exact same. i still FUD cuz it's funny rereading through the pastas

>>29700852
>Why is there so much fucking LINK FUD?
>I thought we were passed this shit after $20
Why would you have thought that?
Oracles is a meme that the Linktards fell for.
It's not FUD when it's all true - so of course there's always going to be FUD around this token.
Because scams get called out.

>>29700852
You could have made more money off an exchange coin.
AN EXCHANGE COIN.
You don't need to fud chainlink, it fuds itself.

>>29702714
this. All discord trannies should be forced to get jobs.

>>29700852
DICK IN MOUTH

This

1billionEOY HOLD THE LINE MARINES

>>29703501
and there he is! posting this kike demoralizing bullshit in yet another link thread.

MY LINKIES STAY SUPER STINKY $1K EOY IS FUD

WE ARE GOING STRAIGHT TO $81K AND THERE'S NOTHING YOU CANIVING DIRTY KIKES CAN DO TO PRY MY DIAMOND GRIP FROM MY LINKIES

IM NEVER FUCKING SELLING EVEN IF THIS SHIT GOES TO $0. SUCK MY DICK AND LICK MY BALLS HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAJAJAHAAHAHAHAHA

They created good, well documented software to push API responses into smart contracts
They even managed to make it much more scalable with OCR
However, the actual oracle problem is not answered beyond “do a weighted average of everyone’s responses who have been personally vetted by the chainlink team.” I’m sorry to all linkies, but this isn’t a solution and this one line is precisely why the majority of top Devs in ethereum loathe chainlink. Now, that hasn’t stopped big projects from picking it up and using it, like aave and snx, but both essentially deal with synthetic assets through the price feeds. The collateral helps in both, but don’t be fooled — this is a game of musical chairs that is propped up by being able to leverage prices from other exchanges that are entirely disconnected from your own exchange/dApp. If you think that is scammy, that is because it is. Again, there are valid use cases, but you really need something better than a medianizer of API calls.
Maybe not? But that’s the prevailing opinion in the ETH Dev community. Hasn’t stopped link from rolling into top10 though, so who knows.

>>29703501
CZ is a chink so why would I buy his chinky scam? Funds are NOT safu

>>29702691
This. I was told 10k is a make it stack, you're god damned right I'm demoralized after 3 years, plenty of us
Now the new narrative is "10k LINK??? lmao poorfag ngmi"

>>29703885
Shitting on 10k holders has always been a thing. In our heads 10k LINK still only equals around a few grand.

>>29703812
yeah just wait until the central bankers begin to see data is the new oil and then begin a massive investment into apis to open up and monetize the data economy in competition with the data hoarders like Google. Government will likely be regulating around the fences set up by these competing ideals.

>>29704056
What you described, API networks, are very much already in production and have been for ~6 years.
Look up Plaid. They were the first and are the top dog. They have created an API network that connects to almost any bank in the world and can provide user data/connection into their accounts/etc. upon user consent of course.
That’s the thing. Technologically, link is not revolutionary at all. That said, they are the current leader in “decentralized” api networks on eth

newfag here is link dead?

Likewise Facebook and Diem will go through legal problems because Corporation Services Company controls a whole bunch of legal and registration stuff but is really a gatekeeping organization that keeps watch on developments for the central bankers. You will be bored to death by their website but that's the sort of shit bankers love. That's how they get their information: by looking into compliance and regulatory stuff. They speak pure legalese.

>>29703812
>the actual oracle problem is not answered beyond “do a weighted average of everyone’s responses who have been personally vetted by the chainlink team.
When “everyone” includes trusted API endpoints from the sources themselves then what better guarantees could you possibly hope for at this point? “Solving” the oracle problem is not a binary outcome that is only met with a perfect solution. The question is do Chainlink’s security and redundancy guarantees meet the requirements of clients, for which the current answer is yes for defi and not yet for legacy but there’s no other better answer anywhere even close.

>>29704293
Of course these things exist. Electric cars were a thing for decades but the cult powers that be didn't want it to happen. My guess is with the changes to the data emissions (m1) they may want to expand their data modelling for control purposes then their octopus business model will take over. They will have no choice but to leverage chainlink in the short term but ultimately it doesn't matter how much bullshit data is generated by mafia apis. What matters is how the nodes deal with that data. Nodes and providers should be subjected to the same penalties and incentive structures to close the loop and create a proper closed system data model.

>>29703885
You'd think Mr Big Boy up there would have grown a little thicker skin by now.

>>29704689
trufax. the issue is trust. like credit cards in the early days. People will learn to trust the new ways but this will happen slowly and once the chasm is crossed those companies using distributed ledgers will push for it. You can already see the government pushing check in apps that will eventually lead to a central ID / check in registration everything app that will release only required information on command. Ari talks about this with the prostitute Alice being of age for hardcore sex.
Right now moon boys are just buying random shit because muh logo muh innovation.

>>29704689
All true, specifically for price feeds, the data for which starts in the digital online world of crypto exchanges.

However, what if the question is “has there been a car crash?”, “what is the temperature in Baghdad?”, and so on. Your mechanisms need to do a lot more than just medianize the data. In fact, depending on centralized actors to deliver this information would be dangerous as well, as we inherit their security flaws as they capture the data themselves.
Link is good when all you need to do is have the link nodes capture data that you know is pristine and bring it over to the blockchain.
Link has no solution, in the works or otherwise, to answer questions that don’t necessarily have a pristine data source, but the truth clearly exists. That’s the real oracle problem, and that’s all I’m saying. It is no surprise that Chainlink was on the brink of its end start of 2020 after not being able to secure any use case except for aave and snx at that time. Then defi summer happened, and clearly there is a fit there with price feeds, but that’s not all that there is to it.
You’ll hate me for this, but Kleros court is unironically a better answer to the oracle solution because there is a clear mechanism of getting the correct answer no matter the circumstances around data.

>>29705277
Checked. Yes an electronics shop selling data producing equipment worldwide could make a killing long term but they need to get that information out there to be consumed by oracles.
Link is good for mitigating market risk when dealing with multiple markets that can be subjected to manipulation. Also I like their fair ordering solution to kill bots .
>kleros
oh no you're timo the tranny or one of those api3/chainlink group shills?

>>29700852
OGs don't give a shit about FUD
>>29702138
This anon is not an OG, he's a newfag who probably bought in at $10-$15 and is depressed it hasn't mooned further, this fag will sell too early
>>29703111
An actual OG

OCR going live on mainnet is a great milestone that hasn't been reflected in the price, likely because normies don't understand what it means, but then again that's why normies didn't buy LINK when we did, it's only a matter of time before the penny drops.

>>29700852
>>29700852
It's gatekeeping newbies so that LINK doesn't enter positive price discovery and crash the entire market by having neets leave it with several billion dollars in hand. The wash trading to keep it tethered to a mediocre 15-23% over the #11 market cap is expensive. There is constant loss to arbitrage and people getting excited about LINK accelerate that to unacceptable levels.

They don't actually care if old fags start selling.

>>29702138
You have no link you are not an OG, and you are not demoralized. You are, however, either an Indian or a Transexual Discorder

>>29705643
LINK always has a delayed reaction to major releases and that is a good indication of how close we are to the information. The rest need time to digest and to see through the noise.

>>29705616
Kek, no I’m not, but I like Kleros. Have no opinion on API3 as I haven’t looked at it.
I’m just saying the oracle problem is about a mechanism to generate the truth, the one true answer, not just transfer it over from another data source and medianize it — although clearly for some data types it indeed is the answer.

>>29702481
You're a goof. If I hit a number that lets me cash out half to buy a house in my home city, I'll be ecstatic. $20 and $35 doesn't quite do it for me with taxes and average house prices in shitty neighbourhoods climbing past two million.

>>29702791
This LINK doesn't do well in a bullrun stuff is ridiculous. Last run the team didn't even have a Twitter account and were essentially silent. Sergey had to be basically bullied into making that EOY announcement.

I don't get it. This thing went from 15c to fucking 30+ USD. When it broke 4 and dumped to 1 dollar, you guys were fudding and crying. When it broke 8 and dumped back last year, you guys were fudding and crying. When it when to 18, and dumped hard, you guys were fucking fudding and crying. What the fuck, you guys really are gigantic faggots.

>>29700852
Absolute ponzi scheme zero use case shit token, just ask uncle, me and him have made millions shorting LINK, they are shilling you vaporware. Don’t believe me? Look at pic related. Nazarov himself, sitting completely alone in a room full of institutional investors who don’t even want to talk to him. Words lie, pictures do not lie

>>29705887
The only person shilling kleros is timo the tranny so by definition you are Timo the tranny. The problem with kleros is that it introduces friction to a system that wants less friction.
The oracle problem as chain link seems to define it is about the correct transmission of data from source to contract then from contract to output. There is no one true answer when you're dealing with multiple sources that's why they need to medianize to create that truth. This is what Sergey calls definite truth.

>>29700852
I feel really bad for linkbros. You put so much money into it, dedication. But this is the most depressing piece of shit cryptocurrency there is.

>>29706252
>uncle and me
samefag

>>29706284
My name is Robert Paulson

>>29703711
You are a MANIAC!

>>29702138
As an OG who is holding a top 1% bag fuck this guy, I feel nothing when my bags pump/dump now. I know I should because gaining/losing a million (on paper) is big shit that other dream about. But don't' give a shit anymore. No idea if there is something wrong about me or this is what happens when you get out of 6 figure hell.

>>29700852
Linkie swing, linkie fud

>>29702138
Same boat, ngl. Long wait and a hard pill to see bullshit pull huge numbers while link sputters and all because there's dedicated groups of whales playing games instead of letting this pop off like it could.

>>29705643
they fully well know what OCR is. they pumped link to $37. Then the release of OCR caused selling
>buy the rumor
>sell the news

>>29706202
/thread

>>29706202
You’re 100% right
But to be fair, this pump was pretty pathetic to warrant this massive of a shit. I think most aren’t mad it’s dumping, it’s that it pumped the least and now is dumping the hardest as if it went parabolic and not the other shit kek. But beyond that 100% agree

>>29710613
It’s absolutely fucking pathetic.
>releases ocr
>crashes

>>29700852
It’s just for a laugh relax OP. I love link but FUDing it with the boys is fun.

>>29709493
>they fully well know what OCR is. they pumped link to $37.
That joke of a pump was just following Btc trend you retard

>>29710817
this is normal for every major link event
In fact we used to pre pump conferences then sell them regardless and spam nothing burger same slides in every link thread.

LINK is a bear market coin. looking forward to the next one.

>btc:+10%, link:+1%
>btc:-1%, link:-10%
fud isnt needed for this shitcoin, its underperformance speaks for itself

>>29706566
severely underrated

>>29707550
I am losing millions on swings now and I'm somewhat concerned with myself since I have zero emotional reaction. I fear that all of my emotional capabilities have been erased from hodling this token. Almost nothing gets me excited anymore, but still I am frustrated we aren't above $60 by now.

>>29712992
Sorry to hear, i still enjoy the small thrills of $40 profits here and there, slow and steady my friends

>>29707550
>But don't' give a shit anymore. No idea if there is something wrong about me or this is what happens when you get out of 6 figure hell.

You and me both. This is why we will make it. We don't know when but eventually you will wake up and see your networth well into 8 figures because you ALL ANYONE HAD TO DO WAS BUY AND FORGET ABOUT IT. Its weird when I broke 5 figures I was ecstatic. Then 6 figures came and I was happy. Now I'm bordering 7 figures and I no longer get dopamine or euphoria from seeing massive gains. I think to get to this point you have to disconnect yourself and emotions from the money anyway or you will fail