/biz/ - Business & Finance

[Anonymous No.15875205]

Why is Chainlink considered a scam?
>LINK + any smart contract platform = DEFI
>DEFI is going to exist in hundreds of instantiations on multiple different smart contract platforms
Doesn't it have something incredibly unique and valuable?

[Anonymous No.15875218]

[Anonymous No.15875221]

>>15875218

[Anonymous No.15875227]

It's a scam because I didn't buy below 30 cents when /biz/ told me to and now I feel hurt when I see them shilling it now and see the price above $2

[Anonymous No.15875235]

>>15875227
Totally legit post right there

[Anonymous No.15875260]

Chainlink = scam if you dont have enough chainlink yet

remember that whenever you read any fud

[Anonymous No.15875277]

>>15875205
it's considered a scam because the actual product doesn't resemble the whitepaper in the slightest. Chainlink is a centralized piece of shit. It's not revolutionary. The managed to waste 3 years now and produce nothing of value. Meanwhile BTC & ETH were up and running in a year.

[Anonymous No.15875296]

These LINK PAJOOTAS are starting to shit up every single thread on the fucking board.

[Anonymous No.15875322]

Its not so much a scam as it is a very shilled and overhyped erc20 token.
If it really did what it claims to do, I personally believe it would be *substantially* higher TODAY, but it isnt despite it being well recognized by people who would definitely know its uses.
It has staying power and its run up in an otherwise bull market is good, but the longer it goes without being used by big names, the more likely it will be replaced by in-house tokens or newer tokens.And don't give me 'muh google' or 'muh swift' because those turned out to be bluster hype, and this token seems only to thrive on hype, not actual, in real life uses.

[Anonymous No.15875334]

>>15875260
I only have 4k which don't consider to be enough, but I really only fud when its funny

am i a brainlet?

[Anonymous No.15875353]

>>15875277
BTC had 7 years between its ICO and its first transaction.

[Anonymous No.15875381]

The problem with "decentralized oracles" (The "God Protocol") is that it's sci-fi -- a hypothetical idea, kind of like a warp drive. Just like the entire cryptospace in general. Which is why public interest, even amongst institutions (BAKKT), is low. The only people showing genuine interest are a bunch of philosophers, idealistic enthusiasts and sci-fi nerds. I mean, sure, it's cool to follow. Just be aware that you are investing in what is an idea that is not grounded in reality. Because, in reality, we won't have a God Protocol. Nor will we travel with warp drives between solar systems. Instead we will all die a horrible death either due famine induced by global warming, a pulverizing nuclear war, or ultimately, be burned alive due to the sun's corona expanding.

Consider investing into more realistic projects like Mars colonies or generational spaceships instead...

[Anonymous No.15875412]

>>15875322
Is he ok? It looks like he was still standing at the end.

[Anonymous No.15875973]

>>15875381
>global warming
Absolutely bluepilled

[Anonymous No.15875983]

>>15875205
It’s not considered a scam. Some people insist on calling it a scam to lower the price and allow them to buy more.

[Anonymous No.15875989]

>>15875334
I have 4k, I fud out of annoyance at the team not doing enough so try to make them see their core fanbase is turning against them.

[Anonymous No.15876052]

>>15875989
You’re not a part of their fan base. You’re a literal whose whining absolutely nothing to them. The Chainlink “community” are the node operators, developers and people who run legacy finance infrastructure.

[Anonymous No.15876076]

>>15875353
what the fuk are u even saying btc was made in 2009 and a pizza transaction was made in 2010 you fucking dumbass

sage