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/biz/ - Business & Finance

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49272570 No.49272570 [Reply] [Original]

But from my understanding from this site and youtube videos, Chainlink is basically a pool of useful data that's stored in a blockchain. And whenever someone wants to use that data, they have to pay link to use it. Kind of like a stamp on us postage.

Is this correct?

>> No.49272939

Very close! Chainlink wants to deliver vast amounts of information over the Internet. And again, the Internet is not something that you just dump something on. It's not a big truck.It's a series of tubes.And if you don't understand, those tubes can be filled and if they are filled, when you put your message in, it gets in line and it's going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material.[

>> No.49273029

>>49272939
I get it.

>> No.49273144
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49273144

>>49272570
Niggers, Jews…

…BAD NEWS!

>> No.49273258

If we are not existing in a clown world where dog and meme coins are pumping to high heavens, what in the hell is the actual real and fair price Chainlink is supposed to be at this current moment?

>> No.49273437

>>49273144
based

>> No.49274022

>>49272570
Bought in 2017 as a joke and not only haven't i read the whitepaper, but I still don't understand why it's supposed to be that valuable

>> No.49274133

>>49274022
You don't need to have read the white paper desu. One only needs to look at the talent flocking to Chainlink and connect the dots. I've said it before and I'll say it again; IDGAF if chainlink are selling decentralised oracle network tokens or paper cups. I'm parking my money where Eric Schmidt, Ari Juels etc etc are. No question. Keep your L1 funfair bets, Chainlink is a sure thing. 100% in.

>> No.49274191

>>49274022
Because
>Sergey Nazarov = John D Rockefeller
>Chainlink = Standard Oil
>data = oil

>> No.49274248
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49274248

>>49272939
Pretty much. Their tech sucks at this among other things.
The token isn't needed, except to trap normies into it, and steal money from them.
They are close to WEF
I could keep going, but schizos will call me a fudder anyhow.
It's better that you didn't wate time on lank, but I encourage you to dyor on API3 and read their whitepaper, will be worth your while

>> No.49274578

>>49274248
See >>49274133
Also, you hold Link

>> No.49274827

>>49272570
There's no human being more fat and disgusting than this man. He expands like the universe. He reeks of sulfur. His excess skin could cover another grown man like a blanket. He's such a fucking fat fucking fuck. God I hate him.

>> No.49274923

>>49274827
You too, hold Link

>> No.49274971 [DELETED] 

Haha, you're losing your money on the shit and then cry on 4ch on every topic. Be smarter, kids, check Fulbo Galaxy

>Play-and-Earn game that is really fun to play
>Gleam campaign where people can win up to $1000!
>Giveaways and presale events soon

>> No.49275098

>>49274191
Oil is needed, token is not needed.

>> No.49275161

>>49274971
how much do they pay you to post?

>> No.49275922

>>49274248
If the LINK token isn't needed, please explain why the API3 token is needed

>> No.49276145

>>49272570
Chainlink isnt the pool of data, it's a verified link between offchain, real world data to a blockchain. Afterall, if this data was verifiably true then it would be worthless.

>> No.49276171

>>49276145
*Wasn't

>> No.49276183

>>49272570
>>49273144
>>49274022
>>49274133
This has to be the dumbest investment community in the history of mankind

>> No.49276240

>>49272570
>>49272939
poo = information
toilets = smart contracts
chainlink = better pipes

>> No.49276279

>>49272570
why the fuck would you read the white paper?

>> No.49276289

>>49272570
>>49276240
data = poo poo
old contracts = shitting street
smart contracts = toilets
chainlink network = pipes
chainlink token = water

>> No.49276320

>>49275098
Token = oil rig
Try again

>> No.49276423

>>49276240
Sadly, the token = indian toilet paper, TP not needed

>> No.49277700

>>49276183
We're actually the smartest, yes we're dumb but everyone is worse.

>> No.49277738
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49277738

>>49276183
I just noticed that you quoted 3 dubs out of 4.

>>49277700
Fourth dubs

>> No.49279154
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49279154

>>49274248
Hi Ugur

>> No.49279617

>>49274022
The token is not valuable at all, that's why they are slapping the magic staking bandaid on. That's always the last ditch effort when there is really no point to a token existing, give it staking so people don't sell. Doesn't work of course, but the developer have to keep up appearances so they can continue to siphon all the money out of the system by structured selling.

>> No.49279926

>>49279617
they haven't sold a single token since November
worst exit scam in history

>> No.49279976

so why do I have to hold it?

>> No.49280121

>>49276183
You can thank twitter and all the dipshits who migrated from there to /pol/ after getting banned, and then from /pol/ to /biz/. It's like being surrounded by high school kids except 10x dumber and more pathetic.

>> No.49280314

>>49275922
to be a member of their sham dao

>> No.49280360

>>49279154
based delphi fudder