What's happening with CHAINLINK?

[Anonymous No.10750490]

First of all, sorry if I used a clickbait/shill natured picture for my OP, I'm just a wanderer looking for answers and this was one of the first pictures I could find related with this coin in my /r9k/ folder. Why is this coin shilled so hard, even in other boards outside of here? Is it the new Bitcoin or Ethereum? What does it do? What is it's purpose? Where can I find reliable and somewhat non biased sources in order to understand how this whole thing works? Should I FOMO?

[Anonymous No.10750497]

>>10750490
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

[Anonymous No.10750557]

DO YOUR OWN RESEARCH

START HERE:
Web: https://developers.smartcontract.com/
Gitter: https://gitter.im/smartcontractkit-chainlink/Lobby
Whitepaper:https://link.smartcontract.com/whitepaper
GitHub: https://github.com/smartcontractkit/chainlink
Pivotal Tracker (Allows you to see what the development team is working on this week and in the near future) : https://www.pivotaltracker.com/n/projects/2129823
Node setup Videos: https://www.youtube.com/playlist?list=PLwgCEgUfxhLZ3hb93ooES72OhBzibHhWJ
ERC 677: Transfer and Call Token Standard https://github.com/ethereum/EIPs/issues/677

Team:
Sergey Nazarov: Co-Founder and C.E.O.
Steve Ellis: Co-Founder and Lead Developer

Developers:
Dimitri Roche
John Barker
Alex Kwiatkowski
Thomas Hodges: Technical Community Manager and Integration Engineer

Operations:
Mark Oblad: Head of Operations
Daniel Kochis: Global Director of Business Development
Adelyn Zhou: Director of Marketing
Chris Barrett: PR and Community Relations
Rory Piant: Community Manager


COMMUNITY RESOURCES
Web: https://chain.link/
Technical F.A.Q.: https://chainlink.readme.io/docs/faq
Official Reddit: https://www.reddit.com/r/Chainlink/
Slack: Email [e-mail] and ask for an invite
Blog: https://medium.com/chainlink
Chainlink Twitter: @chainlink
SmartContract Twitter: @smart_contract
Email: [e-mail]


Audio and Video
SuperBitcoin Conference and Alpha Node Announcement: https://www.youtube.com/watch?v=vd4VnkuCjI0
SXSW Panel Discussion Video - Smart Contracts: Are we getting rid of lawyers? https://www.youtube.com/channel/UCnjkrlqaWEBSnKZQ71gdyFA
SWSW Panel Discussion Audio Only: https://soundcloud.com/officialsxsw/smart-contracts-are-we-getting-rid-of-lawyers-sxsw-2018
Devcon3 November 3, 2017: https://www.youtube.com/watch?v=kW27zYIxZhY
Coinfund Q&A: https://www.youtube.com/watch?v=MfH1B85YyFU
SF Ethereum Developers Meetup: https://www.youtube.com/watch?v=nMlpTgxKtAY

>>10750490
also funfact I made that picture many many months ago

[Anonymous No.10750567]

>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.

If I correct understood what you said, nothing major was born from the event, and the coin dropped hard in value, leaving a great amount of people holding it?

>The coin is HEAVILY manipulated
By who? How?

[Anonymous No.10750574]

>>10750497

this is FUD. if you are new to crypto, google it.

many believe it is the new Eth. it is a token and is used in nodes for smart contracts. smart contracts can replace lawyers, bankers et al. Reliable and no biased? Good luck, most hate it because of us. anything from 4chan must be a scam mentality exists so i would take a grain of salt with any thing you look up. yes, you should.

[Anonymous No.10750589]

[Anonymous No.10750593]

poor dilusional linkies

[Anonymous No.10750604]

>>10750567
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Eth hit. Happy gambling though anons

[Anonymous No.10750613]

>>10750490
chainlink is a pajeet scam. dont listen to anyone on here. sell it if you have

[Anonymous No.10750626]

>>10750490
im gonna start dumping everything i have..

[Anonymous No.10750634]

>>10750626

[Anonymous No.10750639]

>>10750604
i love this pasta

[Anonymous No.10750645]

>>10750604
Thank you very much. I think that I will definitely refrain from buying LINK, then.

[Anonymous No.10750648]

>>10750634

[Anonymous No.10750650]

>>10750648

[Anonymous No.10750662]

>>10750650

[Anonymous No.10750669]

>>10750662

[Anonymous No.10750676]

4chan not always right... they didn't shill Bitcoin or ETH much back then. they all hoping to get rich off LINK now cuz they missed the fukin boat twice

[Anonymous No.10750679]

>>10750669

[Anonymous No.10750685]

majority of ppl on 4chan will be broke as fuk betting on LINK and it fails

[Anonymous No.10750690]

[Anonymous No.10750692]

>>10750679

[Anonymous No.10750697]

>>10750685
think of it as a brainlet tax

[Anonymous No.10750700]

>>10750692

[Anonymous No.10750714]

>>10750700

[Anonymous No.10750719]

>>10750645
Don't fall for the fake fud man..

[Anonymous No.10750725]

>>10750714

[Anonymous No.10750727]

>>10750690
why is that bitcoin logo orange and facing down and right instead of green and up and right?

[Anonymous No.10750733]

[Anonymous No.10750736]

>>10750676
They shilled the fuck out of ETH

[Anonymous No.10750740]

>>10750725

[Anonymous No.10750750]

>>10750740

[Anonymous No.10750756]

[Anonymous No.10750761]

>>10750676
not true at all, kek

[Anonymous No.10750766]

>>10750750

[Anonymous No.10750771]

[Anonymous No.10750784]

[Anonymous No.10750790]

>>10750490
>>10750567
>>10750645

lmao i really hope this is legit and not a larp

[Anonymous No.10751596]

OP...you better get you sum