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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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15285537 No.15285537 [Reply] [Original]

Let's be fair, you have no idea of LINK has real users. Users on any network can easily be faked, and it unfortunately happens all the time in the tech world.

And LINK going to "low" volume is an understatement. It was completely dead, a few thousand in bot trades a day. Nothing has changed fundamentally about the project as far as I can tell. The only thing that changed is that on July 11th a shill army came to /biz/, Reddit, and a number of other crypto forums and started scheming people into putting money in. It was OBVIOUSLY coordinated, you'd have to be a total brainlet to not understand that.

Whether or not LINK is a real project I don't even care, the use case is paltry. It has no long term chance at survival, and the recent price action absolutely STINKING of PnD doesn't help it in my eyes.

That plus the volume is still embarrassingly low. Any real money in will be hard to get out if this price action continues at this amount of volume. The real fear is that volume dies off and you're literally stuck for another 2 years with not even being able to sell. That opportunity cost is high because you will, in the meantime, miss out on plenty of solid tokens & coins continuing their upwards trajectory.

Anyway, you do you, but for me the LINK risks vastly outweigh the potential rewards, and not being able to put in more than $1,000 or so without worrying about if I'll get my money back even after a pump makes it multiple levels beneath my stack grade.

Good luck to those of you chasing the pump, I hope you come out on top, but for me this is a hard pass.

>> No.15285547

>>15285537
You're right, post your eth address, everyone should give you their link so they can be safely protected from this bad outcome

>> No.15285879
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15285879

Describing the usecase of chainlink ''paltry''.

Never gonna make it...

>> No.15286115

wtf bros he's right...

just converted all my LINK to SENT

>> No.15286237

>>15285537
>no idea if LINK has real users.
Actually anon, we know quite well that no one is using this shit. You can check out the explorer yourself. The only thing going is the heartbeat. Still checking the price of ETH. "Muh 100's of teams."
t. Linkholder since early last year.

>> No.15286263

>>15286237
Yep. Which also explains the price, the radio silence after muh Google, and the lack of confirmed partnerships

>> No.15286290

>>15286263
wtf bros he's right... this whole LINK project is going fucking no where. It's over. I just sold

>> No.15286332

>>15286290
Well, he is right, sorta. And you know it. It's just that all of us delusional cultists are clinging to this token thinking some day it'll get real use, and some day we'll /make it/ when it pumps to $1000 some day.
in b4 dr;ns

>> No.15286363

>>15286290
>I just sold
Me too buddy, me too. FUCK CHAINLINK!!

>> No.15286411

>>15285537
I sold 80% of my link at 4.17$ and moved it all into other coins to see what those do. Did I miss out on link gains? idk... but I do know im up 12% on a coin and a few others are 2-6% gains so far. And those have alot of volume going on so no problems selling again shortly when it gains a certain %

>> No.15286650

>>15285537
https://market.link/

>> No.15286667
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15286667

we're gonna make it, like, next month (this month)