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/biz/ - Business & Finance


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9022273 No.9022273 [Reply] [Original]

Is chainlink worthless now? If so, why hasn't it dumped yet?

>> No.9022291

>>9022273
its worthless now because the network hasnt gone live yet. how much was google worth before it launched?

>> No.9022326

>>9022291
The difference is that people weren't buying Google shares before they had a working product.

>> No.9022347

>>9022326
...Yes they were. Not retail investors (the "public"), of course. You do know that companies routinely issues shares even while they are in their very formative stages as a means to raise capital, right?

>> No.9022373

>>9022273
Vechain coming for Crypto as whole. You thought Jim Breyer and Goldman Sachs was going to sit on the sidelines, you must be stupid. One day ya faggots will realize its about who you know, not what you know. Thundernode in this mother fucker, stay poor faggots

>> No.9022405

>>9022347
Okay point taken. But even by that stage Google would have had a functioning search engine.

What does LINK have right now? Not a damn thing. Is there even an ETA on the mainnet?

>> No.9022508

Stinky linkys blown the fuck out. Dump those worthless bags asap.

>> No.9022584

This is a really big deal and nobody on biz is taking it seriously, especially stinky linkies. Do they not know about it or is it simply because they don't want to mention the elephant in the room?

>> No.9022836

>>9022584
Most people are in denial because they watched China Hustle and now think everything with moon script is a scam trying to get their hard-earned lunch money.

>> No.9022875

>>9022584
We fucking know we are fucked and we have assumed the fetus position and trying to figure out what the fuck is about to happen and how we fucked up so bigly we don't know what to do in life anymore WE ARE SO FUCKED.

>> No.9022895

>>9022836
No, it’s because we see through this obvious scam.

>muh bmw partnership
>muh pwc

Kill yourself partnershit chinkscam bagholder

>> No.9022901

have fun linkies

>> No.9022929

>>9022895
Cope overdose

>> No.9022938

>>9022895
probably has 100k link nice bags faggot

>> No.9022940

>>9022875
>We
It's cute when nolinkers try to fud

>> No.9022957

What happened?

>> No.9023030

Vechains oracle solution is not a threat to chainlink. If anything there is room for both to succeed in the market. The oracle problem is massive and you idiots act like there is only room for one successful project.

>> No.9023323

>>9023030
you don't think a 140+ dev team with VC backing and massive companies behind them implementing a mass-adopted system that can be used with or without normies realizing they are using it, without having to own a VET or Thor token, doesn't threaten a project thrown together by 2 philosophy drop outs?

ok

>> No.9023370

>>9022373
This, they are solving problems/overcoming barriers to adoption other projects don't even know exist yet

>> No.9023422

Its just an Oracle for their chain. There’s tons of oracles already

Do you not understand what Chainlink is? It amazes me how little /biz/ understands the bings it is investing in

Vechain now has an Oracle for their chain. As do many other chains. Chainlink is an Oracle that works for ALL chains, whatsmore Chainlink is decentralized, which is the entire ducking point of it in the first place

This Vechain Oracle And Chainlink ir not competing or even in the same space at all. Is Biz really so dumb that they only need to see the word “Oracle” and assume that’s the entirety of chainlinks function? What dis you think the “Oracle problem” was referring to?

>> No.9023427

The devs market sold 5MM Link yesterday !!!
Now this shit !
I am out, 16k Link to Ven.
Sorry chinkbros, please let me take your bags.

>> No.9023428
File: 43 KB, 336x328, c1a.jpg [View same] [iqdb] [saucenao] [google]
9023428

When you have both link and ven:

>> No.9023443

>>9022273
Yes it's over unfortunately.
BMW will use VeChain oracles and directly replace SWIFT as the financial giant.
We tried.

>> No.9023460
File: 302 KB, 936x960, 1523271932133.jpg [View same] [iqdb] [saucenao] [google]
9023460

>>9023427
Bye

>> No.9023491

I work for BMW and searching for VeChain in our Intranet returns 0 results. Blockchain as a whole has 1000s of hits, though. Don't buy into this shitty fud.

>> No.9023567

>>9022347
#rekt

>> No.9023568

>>9022895
This.

>2018
>Investing in chink coins.

It's going to be glorious when the small dicks exit scam and we are at 100 (0) EOY

>> No.9023734

>>9023491
Says the grease monkey that works for a franchised dealer and probably has nothing to do with the corporate side BMW.

>> No.9023775

>>9023422

This. Why do i have a feeling this board is getting floded with get rich quick idiots who dont understand shit?

>> No.9023827

>>9022273
yes
the market lags smart people like you and me friend!
better market sell now before they catch on *wink* *wink* ;)

>> No.9023849

>>9023443
I heard this too
definitely doomsday for chainlink
the project had so much potential, darn

>> No.9023870

>>9023775
generally it is
but don't let that distract you from your superiority complex

>> No.9023888

>>9022901
paralyzed by fear but inaction destroys

I am gonna sell all my LINK for VEN

it’s hard tho I love my coinz

>> No.9023917

>>9023030
the problem for LINK is we have no customers

it is sounding like Vechain IS the ACTUAL backbone of the next internet how the fuk is this happening explain to me how

>> No.9024462

>>9023917
you sound like a fucking moron

>> No.9024491
File: 110 KB, 1000x1000, 1524237474676.png [View same] [iqdb] [saucenao] [google]
9024491

>>9023917
no customers. kek. you sad, sad, little man.

>> No.9024503

>Be Sergey at business meeting giving pitch

... so that's why if you are running a blockchain function that requires external information, you need an oracle service.

CEO: ok, and you provide such a service?

Sergey: Yes, through decentralized nodes.

CEO: ok great, and you ensure the accuracy of the off chain data?

Sergey: ...no.

CEO: wtf? So what happens if we get incorrect data?

Sergey: the node operator loses LINK tokens.

CEO: Who is the node operator? What the hell are LINK tokens? Barbara, get me Oraclize on the phone.

Oraclize: Hello?

CEO: Do you provide blockchain oracles?

Oraclize: Yes, proprietary ones specific to your needs.

CEO: Do you ensure accurate off chain data?

Oraclize: Yes.

CEO: Great, book it. Sergey, you and your LINK tokens gtfo.

>this kills the linkie

>> No.9024548
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9024548

>>9024503
>Who is the node operator? What the hell are LINK tokens? Barbara, get me Orac

>> No.9024586

>they fell for "muh chink scam" meme
>they actually bought more link
stay stinky

>> No.9024742

>>9022938
You need at least 200k Links to even really "make it" anyway. They might be $5 in the next few years

>> No.9025098

>>9022273
Why would it be worthless because of some shitcoin's promises?

>> No.9026132

>>9023775
Because you’re here for starters

>> No.9027103

>>9022405
Not really they only had the concept and some guy invested 150k$ to help them build the first prototype the fuck you on about