/biz/ - Business & Finance

>>7909866
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>7909904
thank you anon. so it is nano! should i wait for the dip or should i just buy it tomorrow?

IF YOU SERIOUSLY BELIEVE IN THIS SIT DOWN AND RECORD YOURSELF SAYING WHY YOU BELIEVE IN CHAINLINK. THEN SEND IT TO A FAMILY MEMBER AND THEY WILL TELL YOU JUST HOW FUCKING DELUSIONAL YOU ALL ARE.

>>7909952
Problem is, XRB is one dimensional. It's fast, that's pretty much all its got going for it. The code hasn't changed since 2014, they have no companies using their system. The current price point isn't sustainable for a niche coin.

A coin will come along that will be more secure, faster and better than XRB. It's been hyped here for a month and that's why it's so high, but there's literally no reason for it to be other than that. There's zero incentive to hold XRB, it's going to hurt a bunch of people when reality sinks in.

I've learned a bunch in my short time in the Crypto world and when people Zig, you have to Zag. Stop being sheeple!

OP is a faggot, one post is not enough to figure if an investment is good
enjoy losing all your money

avoid link.

https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca#balances

less than 20 thousand holders after all this shilling?
only 7 thousand holders with more than $1k of tokens?
60% of all tokens owned by just 6 accounts?

oracles are definitely necessary, chainlink and it's token though? utterly discardable.

>>7909952
lol, making a decision based on an ancient FUD copypasta. Not gonna make it

>>7910088
can anyone explain this? this is absolutely ridiculous... have they not yet done a distribution round? it's like ripple all over again

>>7909866
Nano of course

Nano is gonna be $20 next month

>>7910449
worse than ripple, ripple is centralized and a majority ownership isn't an issue. with chainlink it seems it would be trivial to buy up a lot of tokens and you have a real issue with 51% attacking, or at least coming close to.

>>7909866
>Buying the two most shilled coins
Literally the biggest mistake you could make. Don't do it anon.