/biz/ - Business & Finance

Anonymous Oldfag here again with the facts.

When Ethereum was shilled a couple of years ago the majority of /biz/ was dismissive of it, but it did have a following. People were frustrated with the stagnant prices between $7 - $10. It hit $15 the day it was added to coinbase, but then fell back to the norm until the spring 2017 run up.

A lot of people sold before the run up, many claiming they “fell for the Ethereum meme” instead of hodling.

That was then, though, and this is now. That was before *advanced* coordinated shilling happened. Shilling did happen, but not to the sophisticated degree it happens now. It was also before the invasion of normandies and a $500b market cap.

Chainlink is cool if it can truly serve as an inexpensive TRUSTLESS decentralized oracle reporting system. If it’s able to prove itself with a mainnet and gain partnerships it will potentially gain traction assuming the ERC20 has useful utility and a scarcity model.

But it’s also been in development since 2014. That’s a bit scary.

Look, guys. (le reddit spacing)

When I tried to talk about EOS here, only 3 or so months ago when it was at $0.50, I was met with mostly skepticism and silence in favor of shill threads about shitcoins being bumped by frantic bagholding lunatics.

tl;dr tried to tell you about eos, nobody cared because it wasn’t chainlink, chainlink is promising but overshilled and considered a meme /biz/coin. if link is good, keep it consolidated to 1 or 2 threads and answer questions about it on and 1 on 1 basis. right now a lot of the space is turned off by it because it’s spammed so mercilessly on 4chan.

we should be trying to help each other, not mindlessly promote our bags.

Disclaimer: I hold EOS and am thinking about buying LINK, ADA and IOTA as well for long term holds.


(We should also use disclaimers to say what we hold and be able to argue the merits of our holdings without cognitive bias)

- Anonymous Oldfag