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/biz/ - Business & Finance


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16845447 No.16845447 [Reply] [Original]

It's clearly dead. Bsv i s going to go to 1200+ and the rest of the market will be a arid desert for a while. When is a good time to buy back in? June?

>> No.16845543
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16845543

Reasons why Link will fail

1. Zero customers, zero need. No one is going to pay for information to be inserted into a smart contract. That's what an oracle is supposed to do. The problem is a x100 calls costs a x100 times whatever Link charges. If you have to make thousands of calls, that's hundreds of dollars in Link tokens. If I were a dev, it would be much simpler to just make my own call to whatever data I needed.

2. Zero development, all marketing. Link has hired shills, link started on biz and Sergey himself got the inspiration to post, network with and contact people on biz. That's why begging is not allowed on biz, because after link a lot of other tokens tried to copy them. There's a lot of disingenuous shills saying that Link was only made for business cases and biz was never supposed to discover it. Quite the opposite, it was made first as a marketing token.

3. Deceitful. The Link team lies continuously; they'll attend a conference (SIBOS) and say they're partnered with Swift which is a banking protocol that handles these bank conferences, implying that they're going to handle data for big banks. They contacted the Google dev to make an offical blogpost and thus said that they're "partnered" when in fact, it's just a mention. They stretch the truth.

4. Zero transparency. Link raised 32 million in it's ICO. Since then, we have no accounting of their funds. They market dumped twenty to thirty million worth of chainlink (we still don't know the full amount) and never said a word about it. They're still dumping here and there, even larger amounts and believe they are free to do so at any time.

5. Cult-like behavior. 90% of the memes made by Chainlink pose Sergey as this kind of messiah. They encourage zero compromise grounds that anyone should sell their token. They encourage people to buy their tokens despite; mortgages, spousal issues and even when their "investors" are homeless they'll encourage people to buy more.

>> No.16845575

>>16845447
all the anti-link shit here just makes me buy.
i don't get it.
cryptocurrencies have never been anything other than speculative tokens.
does it go up and down?
that's all that fucking matters

>> No.16845628
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16845628

>>16845575
Unless CEO holds 2/3 of all the tokens, and can dump them anytime

>> No.16845677
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16845677

>>16845447
You don’t Craig has patented it, linkys lose

>> No.16845680
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>>16845628
this

>>16845677
and this

>> No.16845689
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16845689

>>16845628
>>16845677
>>16845680
who cares, i've made 27% last week and finna do it again this week.
do you guys really think this e-celebrity means shit for most buys that are buying and selling it?

>> No.16845712

>>16845689
I made 75%
STIFF