/biz/ - Business & Finance

>>51719645
nice ESL amigo

>>51719645
Because nobody wants to hear someone complain with no proposed solutions and nothing to back up their angst. If you're not going to sell, or make the price go up, just shut the fuck up.

>>51719664
>implying pointing out flaws does not help the project evolve or the community detect a scam or a bad investment

Literal tiny IQ

>>51719645
What was the flaw?

>>51719645
>fair criticism

>>51719748
It was that positive news don't pump the price

>>51719645
because there is no good criticism
all you have is "bad price action recently heh"

>>51719645
I think the frustration stems from critics missing the forest for the trees in such a profound way that their stated concerns about the project can't really be reconciled with the idea that said critics are actually engaging the matter in good faith.

>>51719728
all the "flaws" and "criticisms" are almost always about the fact that it's taking too long. we just had live tech demos of financial world changing infrastructure and retards are still crying. then you have the other retards spreading misinformation like token not needed. it's all so tiresome. just fucking sell if you have any doubts. it's the only project in crypto producing things worth a shit.

>>51719728
What flaws? Where are you pointing it out? Sounds like just another fud post with zero substance.

>>51719728
Until Link is top 5 at least, just shut the fuck up because any "flaws" you find will absolutely pale in comparison to shit like Cardano, Ripple, etc.
Once Link is top 3, you have my permission to whine about every little thing you can find.

sell

>>51719659
yeah, alright.

>>51719799
exactly

Well just sell then

>in good faith

>>51719728
i think most of the problem is people with limited understanding making bold assertions that are either false or already addressed in the design itself. there are more productive ways of "helping them evolve" than sperging on /biz/

>>51719799
PoC's, tech demos, testnets, fireside chats, bla bla bla. Means jack shit until they actually release it into production.
Remember the first SWIFT PoC from 2017? Whatever happened to that? SWIFT Smart Oracle, bond interest payments? Ring a bell. How many bonds are getting interest rate resets from Chainlink Oracles right now? Oh, none, oh wow amazing PoC, 5 years later and not in production. Quick, better give Sergey another blowjob before his next fireside chat.
Delivering the product is the only thing which matters and will cause Chainlink to increase in price.

>>51719923
You just proved his point, moron.
If you cannot wait more than 5 years for fucking smart bonds, then you should absolutely sell.

>>51719728
>be OP
>have shorts / be seething bancor burn victim or whatever
>spam biz with dozens of link moronic fud threads a day for years, and shit up discussion threads with 50+ replies over the course of 20 hours just to derail
>get laughed at and told to fuck off
>"i-it was just fair criticism of a token I don't like or hold, no ulterior motives fellow biz anons!"
You retards are absolutely terrible at your jobs and I hope you understand that jannies can be bribed, and you'll end up going from your fetid third world apartment into a van, and then a barrel full of acid in someone's basement one day.
All fields

>>51719918
This. None of the criticisms are in good faith and if you've been here for long enough, if you have high enough IQ, if you know enough, that becomes staggering obvious, and it's cringe as fuck, frankly.

>get btfo in the other thread
>start this thread to cope
I don't care if you buy, sell or send everything to a burn address. Just stop shitting up the fucking board.

>>51719936
When's the first Chainlink serviced smart bond coming then faggot?

>>51720076
The second you sell your last link.

>>51719923
Every day we do this, anon. Every single day. Yesterday I answered this question and maybe I'll answer it tomorrow or the day after, but today I'm just gonna call you a faggot.

>>51720109
Maybe the real singularity was the demoralization that gradually broke our willingness to help other anons we met along the way.

ICP unironically makes Link unnecessary complexity, I still hold some Link tho

>>51719923
ignore the seething bagholders anon, you are absolutely spot on

>>51720151
>seething bagholders
He's the seething bagholder; he holds Link yet seethes at it.
Just sell.

>>51720170
okay, bagholder, now calm your tits and go watch your epic fireside chats

>>51720190
>go watch your epic fireside chats
Well the last one I watched announced a Swift partnership, so yeah.

just one example:
>there will be an insurance pool
>in link
uhh? bancor anyone? are we still doing the whole insurance in the native token think this has proven to create a systemic risk. for the slow witted:
>link fucks up
>price goes down
>more link is realeased from the insurance pool and dumped on the market
>price goes further down
>etc..

Also not to mention that slashing was supposed to penalise bad actors and they would have to pay with their collateral but guess that Sergey does not want his handpicked frens that run the whitelisted nodes to face any consequence
> but muh just have faith

>>51720210
good for you!
you're still seething though, try rewatching it

>>51720248
Insurance pools will come from third parties.
You can't stop people from building them.

>>51719771
You rhetoric resembles that of a nigger. Do you listen to too much jungle mumble? Watch too much nigger ball? Are you a nigger?

>>51720286
no no I'm talking about the ones CL mentioned in the steaking blogpost

>>51720140
>>51720151
You are both acting out and playing pretend to cope with losses you sustained during this bear market. I don't know if you got fucked by Celsius, Bancor, or degen leverage but this isn't the answer. It's fucking weird and you guys really need to grow up. For your own sakes just stop coming on this website.

>>51720320
Source?

>>51720248
>bancor failed so therefore everything is exactly like bancor

I remember when the FUD was at least somewhat interesting. What you're saying now doesn't even make sense.

>>51720337
???
anon, are you ok?

>>51719645
Fuck it I'm gonna say it.. glorified json parser. Also be ready for the shadowfork

>>51720382
>i..it...it does not make sense

ok lol thanks

>>51720460
Bancor is not Chainlink, I know how much this upsets you but you need to accept it.

>>51719659
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>>51720382
Holy shit stink shitters are seething hard ITT, good job OP this disgusting discord trannies should stop raiding /biz/ they are not welcome here.

>>51720481
never said this, but nice slide attempt. Focus on this post and this post only if you want to provide a rebutal >>51720248

or you can just tell me to sell if you want

>>51720523
>All insurance pools are exactly like Bancor!
You have a learning disability

>>51720535
never said this

>>51720422
I agree with >>51720320 The pair of you are just a couple of annoying little shits and should just fuck off. We don't want you here with your endless negativity. Kapish?

>>51720541
You did actually lmao

>>51720170
how the fuck do you expect to have a function company that can stand on its own two feet with out a product. its not even about bag holding at this point. its been almost six years and they have yet to have a working product.

>>51720210
>Well the last one I watched announced a Swift partnership, so yeah
the same swift partnership we have known about since the last POC and still no working product

>>51720577
how do you expect smart people to fall for this when everyone has access to search engines, youtube, and the official website/documentation?

>>51720577
data feeds were proven profitable months ago, hence staking finally being rolled out. try again.

>>51720504
Why am I in the mass reply? I simply was asking the color of OPs skin as I caught him using ebonics.

>>51720248
anyone?

lol, not so smug anymore now that you can't tell me to sell uh?

>>51720611
its a beta version of staking, stop coping.

>>51720621
I will never not be smug holding LINK

Guys.
Frens.
Seriously.
We are all in this together.

>>51720577
>they have yet to have a working product.
So what are Chainlink running most of Defi with?

>>51720597
>the same swift partnership we have known about since the last POC
Pretty sure CCIP did not exist yet in 2017.

>>51720544
kek, is this a bot?
this thread is a total shitshow btw lmao

>>51720629
>idk how rnd phases work

>>51720650
subsidized by token holders price feeds
>>51720650
so then where is the progress from the last POC with swift.

>>51719850
>there are other scams in the top 5 so it doesn't make sense that our scam isn't in the top 5 and that means you have to stop fudding it!!!!!

>>51719645
I dont know anything about it
What's it's utility? What keeps people from selling?

>>51720698
>there is no working product!
>ok there is a working product, but it's subsidized!
>ok a lot of them are actually self-sustaining, but where is staking!
etc. etc. etc.

>>51719923
yeah, it's bad. imagine funding development and then they spend it on everything except progress

>>51720734
kek, another bot had a meltdown
update your scripts guys

>>51720621
and by the way, same issue with slashing

> oracle fucks up
> billions lost, makes the news
> link tanks
> collateral is released and dumped on the market

BRAVO Sergey

I can't wait to see all the bots that will be scanning for an oracle fuck up and short the fuck out of it when it happens, this will be grandiose

>>51720734
everything the tema has prodcuced so far has no value. defi include since sergey is subsidizing the network.

>>51720797
>I can't wait to see all the bots that will be scanning for an oracle fuck up
that implies v.1.5 staking getting actually released, this won't happen any time soon anon lel

>>51720831
>that implies v.1.5 staking getting actually released, this won't happen any time soon anon lel
wait you cant say that, its fud

>>51720831
>>51720861
kek

also, where have all the shills gone? Looking for a new narrative in the discord?

>>51720797
>one oracle reports bad data to a smart contract that sources info from many oracles. the task is completed without fault but the oracle that reported bad data gets a percentage deduction which is paid to the good oracles. business resumes as usual, virtuous cycle continues, catastrophes averted.

>>51720808
>since sergey is subsidizing the network.

>>51721021
>where is a working version of staking?

>>51721032
lol called it: >>51720734

>>51720985


>implying resolution will be instantaneous, even with the multiple tiering system that will require a vote from once again whitelisted entities

>>51721045
you called it because you know what im saying is true. where is the product? selling api pings that cant be sustained on its own with out staking is not a working version of anything

>>51721056
so it won’t work fast enough now? lel

>>51721069
>where is the product?
Out there securing most of Defi, in a profitable manner.

>>51719645
this isnt the place for "constructive criticism" (discord is), this is the place for shilling and fudding because there is zero chance your "constructive criticism" will be read by anyone who can do anything about it and zero consequences for acting in bad faith

>>51721069
>where is the product?
lmao holy shit this thread is entirely bots

>>51721100
DeFi? you mean THE DeFi, which has imploded and cratered by almost 78%??
THE DeFi, where more than 1/4 of the entire volume is through a protocol which DOESN'T use Chainlink at all?
omg, just bought another 100k
>>51721146
ya dude I know! link bots arguing in circles

>>51721100
is the network subsidized right now?

>>51721182
all emerging markets go through a speculative bubble. but you were just forced to face the fact that there is a product, but you pivoted to now say it's disagreeable. posts keep moving. why don't you attack eric schmidt next?

>>51721191
linkies
> the tokenomics are working!
also linkies
>just wait for the 2.0 super fastlanes on layer 7

>>51721243
is the network subsidized right now?

>>51721191
>is the network subsidized right now?
Much of the network has not needed subsidization for over a year now.

>>51721242
we have ids you know
but anyway, no, mainnet without staking is not a "product", no matter how DeFi ponzis this system has enabled
take DeFi out of the equation, what's left? 0

>>51719645
Because most, if not all, of these “fair criticisms” have been discussed at length already. The only reason you would claim them to be fair criticisms worthy of new discussions is either
>you don’t actually want to discuss them, you just want to fud
>you are the newest of newfags
In either scenario, you are not worth being taken seriously.
Use the archives and lurk moar if you unironically want answers to questions, because i can guarantee you that you are not the first person to ask any particular question about LINK here. The answers are in the archives and its not our job to parrot them for every moron who strolls through. If you disagree, then sell.

>>51721182
>DeFi? you mean THE DeFi, which has imploded and cratered by almost 78%??
>THE DeFi, where more than 1/4 of the entire volume is through a protocol which DOESN'T use Chainlink at all?
The answer is yes. Being as deep into this as you seemingly are and still not understanding the transformation coming is precisely why you are dumb. You cannot see the forest for the trees.

>>51721291
>mainnet without staking is not a "product"
Except of course it is.
Staking was always an ADDED security feature.

>>51721291
the "product" is an oracle network. it's currently reporting financial data to smart contracts. that will expand in scope, as all new products do. we now have live demos of ccip and deco on testnet. the product is expanding before your eyes.

>>51719645
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>>51721324
Sorry for the mass reply

>>51721303
>the product just has no flaws ok it's all been discussed already!!!!

ok lol

>>51721392
Answer me >>51720343

>>51721428
>please spoonfeed me senpai

no

>>51721504
There is no such mention of insurance, you made it up.

>>51721324
>the transformation coming
>coming
one word for ya: cope
>>51721329
>"ADDED" ALL CAPS
so by your own admission one could say it's "OPTIONAL" as well?
>>51721350
the "product" is centralized beta technology that currently does nothing meaningful, especially if you consider most of it is being done by utilizing existing legacy infrastructure
that's closer to a vaporware than a finished product
>the product is expanding
I'd prefer the product materializing it's original implementation successfully instead of more feature creep that never get past the stage of PoC and demos, but you do you

>>51721350
>the "product" is an oracle network
nah you're wrong bro, I just checked the whitepaper again

>>51721531
>so by your own admission one could say it's "OPTIONAL" as well?
Of course, if you don't want to compete for top contracts.

>>51721512
yes hopefully there is none because that would be a retarded idea right? Only a ill-intended fudder could have come with this

>>51721554
>Of course
okay! that's why you'll see tnn getting spammed here a lot

>>51721570
The token has been needed for literally every single transaction on Chainlink mainnet since May 30, 2019.

>>51721569
>hopefully
There's nothing inherently wrong with the concept, it's just not in any of the staking blogs.

>>51721582
that doesn't make it valuable you doofus
that applies to literally every shitty blockchain out there, they all have their special shitty tokens that do nothing except giving you access to that unique shitty vaporware ecosystem

>>51721392
Im not saying there are no flaws, im saying every single aspect of the project has been meticulously picked apart in previous threads. They are in the archives. The only reason you would post “but token not needed tho” for the 10,000th time is because
>you arent interested in having an actual discussion and just want to fud
OR
>you are too new/retarded to be posting, instead of just lurking/checking the archives and getting the answers to the questions you mistakenly believe to be original thoughts
There is no other option to choose from. So which category do you fall under anon? Are you a retarded newfag or a troll? Can you see why i dont want to effort post to spoonfeed you? Do you have any idea how many times i have run into what might as well be clones of you on this God forsaken dumpster fire of an image board?

>>51721531
it's the next evolution of this series of technology beginning with blockchain. you're either incredibly daft or intentionally being obtuse. blockchain led to smart contracts which now leads to data feeds to these smart contracts to actually make them useful and not soley for shitcoin flipping. arguing about being centralized in its current form is useless since it's been stated from the beginning it was going to be done this way to bootstrap the reputation system. it's probably going to take clearing houses and accounting departments to get massive lay offs as this technology replaces them for people like you to realize how foolish you currently are; if you even care to.

>>51721679
kek, anon, shit has happened since your epic 2018 breadcrumb hunting threads
I mean, if there's nothing left to be said, why did we all tune to watch SmartCon this year?
>>51721702
anon, let me be perfectly clear, I don't give a damn about the epic technology, all I fucking care about is to make some money as fast as possible and as efficiently as possible
if LINK is going to perform like boomer stock and is actually a 10 year hold from now, it's not for me, gl to you and your bags, have fun experiencing "adoption" when the world around you collapses

>>51721741
>kek, anon, shit has happened since your epic 2018 breadcrumb hunting threads I mean, if there's nothing left to be said, why did we all tune to watch SmartCon this year?
Because the pace of development has been agonizingly slow and we are all hoping for news. But no, your critiques on sybil attacks, stake slashing, price feed update latency, or [insert whatever else you think is an original point here] are not new. Quit pretending like you dont know what I am talking about. Also you sound like Uncle.

These guys r so smart. Bullish.

>>51721828
>the pace of development has been agonizingly slow
that by itself is a good topic of discussion
cope seethe and dial8
>le Uncle
chances are you are the tripfaggot canadian neo xrp bagholding Michael you tranny worshipper

>>51719645
>provide a fair criticism, in good faith
because this part has never happened

>duuuuuuude its gonna change the world because some people attended a conference and said they might use this 5 years from now

>>51721636
>that doesn't make it valuable
Certain peope would disagree

>>51719645
Sergey always wants to talk about economic value while ignoring the multiple billion dollar valuation for his network that earns ZERO revenue and all of its growth has come from paying its users

>>51724188
>earns ZERO revenue and all of its growth has come from paying its users

50 link will probably be a suicide stack. Trips willing…

>>51722068
What is there to discuss about slow development? Its slow. That all the information we have. You can speculate as to why, but speculation is pretty worthless if theres no evidence. The only reason you deem it a good topic to discuss is because you want to advertise the fact that the development is slow to convince others not to buy. You dont actually want to have a conversation. THIS is why LINKies are fed up with answering your criticisms. Your goal is not to discuss in “good faith” as OP says. Your goal is to shit on LINK, which is perfectly fine. I advocate free speech. Just dont be surprised when my response is just a return of your low effort baitposting. For example
>nobody gives a shit about your lunch money, just sell and buy something else

>>51721375
You're welcome

where can i get sergeys shirt

>>51726949
Your welcome

I heard this story over a few drinks at the SmartCon 22 After Party so I cannot attest to the veracity of the claims but, anyways, I'll just tell it verbatim, as it was told to me...

I was at SmartCon 22 and needed to use the bathroom, so I went in and before long there's the sound of the door opening and a guy comes in and knocks at my stall.

*KNOCK* *KNOCK* *KNOCK* *KNOCK* *KNOCK* *KNOCK* *KNOCK*

He knocked seven times exactly, apparently, at least according to the person who told me this story after a few drinks.
"Umm yes?" I murmured, a little unsure of what was going to happen next.
"Its ChainlinkGod, open up!" came a loud voice in reply.
"I'm sorry?" I responded in a questioning way
*BANG* *BANG* *BANG* *BANG* *BANG* *BANG* *BANG*
"ITS CHAINLINKGOD FROM TWITTER OPEN UP" The yelling and banging were enough to set my teeth on edge and send chills down my spine but I gathered up all my courage and I challenged him in my bravest voice
"how do I know it's you?"
"You know who I am don't you?"
"I dont know your face" I admitted
"I'm from Twitter" he repeated again as if it gave further truth to his claims
"OPEN THIS STALL WE NEED TO TALK" He shouted and began shaking the door with all his might. The hinges began to buckle and I thought all hope was lost so I tried to get him to calm down, "prove it" I squeezed out in a squeaky voice.
He stopped shaking the toilet stall door for a moment and asked how
"Are you wearing your famous mask?"
He said he had forgotten it on flight to SmartCon 22.
I thought for a moment but this "Chainlinkgod" character was impatient and began shouting and shaking the toilet stall door again "YOU KNOW ME IM FROM TWITTER"
I asked if he could tweet something to prove who he was and he stopped shaking the door and asked for a special code word, I said use Big Macs and he did. I checked Twitter and sure enough there it was a certified on-demand Big Mac tweet from the account he claimed to be.

I apologized and Chainlinkgod now real after verifying his identity, he said "you can never be too careful" so I got up flushed the toilet, pulled my pants up and opened the stall.

And after that there was a silence as the guy who told me this story finished chugging his seventh beer of the evening. He looked at me and said, "do you know who he saw when he opened the door?"

Obviously the answer came to me straight away and I said "Chainlinkgod" but the guy shook his head and said no there was no one there.

>>51720210
Only 100-200 more years brothers! It's like buying oilfields before the railroad was invented.

>>51719645
Oh right another weird thing. After York's presentation I went over to say hi and there were a few others around him so I joined the group but every time someone mentioned their project or developing he would interrupt and take a selfie with that person then say "this is going on my Twitter" then just ignore the person and talk to the next one. When I tried to push the issue saying I am interested in developing with ZKs he changed the topic to Vitalik and his Twitter account always he would mention that he could message Vitalik on Twitter sometime during the conversation. I got my photo taken with him after that and he said "this is going on my Twitter" then he just walked away.

>>51721828
>the pace of development has been agonizingly slow
Are you serious Nigger.
5 years ago dlt was the equivalent of exchanging rocks online, since 2 years we have onchain futures contracts and money markets.
The London stock exchange needed a few decades for this transformation

>>51719799
how about the fact that they've totally abondoned tradfi and instead decided to be a centralized price feed for ponzis

the momentum is completely gone

>>51719645

>>51729093
you disingenuous fucking scum. they literally just demonstrated zero knowledge proof authentication in the form of deco to bring traditional finance into this new era. they also showcased ccip, a protocol that seamlessly connects everything, live on testnet.

>>51729404
you guys are so cult like lol, i have no idea what you're talking about. ever think maybe im just a regular dude who's out of the loop, not a discord-tranny-bot-fudder?

>>51729404
and does ccip make REN useless or what? i've known about ccip for awhile

>>51729522
>how about the fact that they've totally abondoned tradfi and instead decided to be a centralized price feed for ponzis
>oh wow take it easy anon. i'm just a regular guy who is out of the loop hehe
google any of this and you will have your answers

>>51729522
Fucking kill yourself you dirty nigger bastard.

>>51720504
Chainlink labs employees spam the board relentlessly and one of them just came out of the woodwork to expose exactly what’s going on

>>51729348


>>51729348


>>51729348


ASSBLASTER WAS CREATED BY CHAINLINK LMAO

>>51719645
I can only buy in the bear, selling is a sin for me.I recently added ORE, SOV, RIN to my bag hoping that they moon in the bull run because they have great potential to do.

>>51719645
>provide a fair criticism
the blue hexagon is jewish, obviously.