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/biz/ - Business & Finance

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22472607 No.22472607 [Reply] [Original]

hypothetically speaking whats stopping this man from slowly selling 500k link per week for a year or so and then sell Chainlink (smartcontract.com) to some big corporation that wont use the link token?

>> No.22472637

>sell Chainlink (smartcontract.com) to some big corporation that wont use the link token
Who the fuck would want to buy this shitcoin

>> No.22472653

>>22472637
assuming the tech has actual value and isnt just vaporware, i'm talking about the tech itself and not the token

>> No.22472660

ronald mcdonald has a very compromising video of sergey and threatens to release it when sergey doesn't tow the line

>> No.22472668

>>22472653
There is nothing worthwhile in smart contracts or any chainlink bullshit

>> No.22472684

It wouldn't work. Like literally, the network would not function

>> No.22472685

>>22472653
>yes, I'd like to buy a simple json parser
>that'll be $8-12 billion dollars, depending on the day of the week
>sure

>> No.22472688

That's the plan
Team holds billions in locked tokens

>> No.22472696
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22472696

>>22472607
>>22472653
>isn't vaporware

>>chainlink meme photo
>>i am so excited for you bros
>>imaginary ranks
>>just keep buying bro, just keep buying
>>no matter what don't stop buying
>>HODL the imaginary line bros
>>bitch boy captain, general, whatever makes it seem like we're tough internet boys and not retarded faggots getting gagged, hooded and branded by our master sirgay
>>implying any of these memes are fucking organic
>>two thousand seventeen hype, convinces other anons since this fat fuck browses here, uses the money to make meme artists and pay oracle and google to blogpost and waste their time
>>stuck in the water with a useless ERC721 protocol despite the fact ERC20 worked better
>>fud the shit out of other tokens and strangle organic growth. why? because im a fat faggot with a philosophy degree and dont understand tech but know how to be a cut-throat ruskie
>>shelled out, dried out assholes running a literal fucking scam
>>SEC GET ON IT

>> No.22472700

>>22472684
why

>> No.22472704

>>22472653
Any value chainlink has is from exclusive api partnerships
Technically they can afford it now

>> No.22472727
File: 253 KB, 906x572, all roads lead to our nodes.png [View same] [iqdb] [saucenao] [google]
22472727

>>22472653
SC loses so much of its value if Sergey leaves. Same story with any company this early in its lifespan. If it weren't for the ability to ICO, Sergey might have already sold 51% interest in the company in exchange for a 10 year contract at Oracle to further develop the tech. But the ICO gave him and the team the freedom to grow without needing to seek out investors, because WE are the investors
Same answer to why he won't just dump his link and split. He's already rich OP--next on the list are the power and respect that come from building a great company

>> No.22472739

>>22472607
You could ask this same question to any ceo of any company.
"what if they sell their stock and quit"

Well fags, THEY DON'T

>> No.22472750

>>22472727
ok, and whats legally stopping him from using the ICO funds, the 650 million tokens and then sell the tech to make even more money?

>> No.22472769

>>22472739
they legally cant because of regulations and laws. same doesnt apply to the crypto world

>> No.22472772

>>22472607
It's not about the money, it's about sending a message.

Securely, onto the block chain, using oracles.

>> No.22472826

that fat fuck went too many Thailand sex trips using your money, retards

>> No.22472854

>>22472750
OP, the tokens are the tech. A little over half of the Link currently out of circulation is intended to reward node operators; SC already uses these for the price feeds that are operating as we speak
The rest is held in dev wallets, and this is what gets sold periodically so SC can pay rent, salaries, cover operating costs like ETH gas fees, etc. The fudders on here that say Sergey is personally cashing in on every dev wallet dump are either brainlet-tier or OGs trying to keep newfags away
Also keep in mind that everyone knows the dev wallet addresses and that it would absolutely tank the price of Link if a significant amount suddenly moved to an exchange / if the rate of 500k dumps (used to be 700k at a time, btw) suddenly increased by a substantial amount

>> No.22472931

>>22472854
>change the part of the code that rewards node operators with link to reward them with BTC or ETC
wow that was hard

>> No.22472958

>>22472931
kek, then don't invest faggot
You won't be as early as most of us anyway. Try pickle finance, I hear it's an easy x20 from here

>> No.22473617

>>22472668
make sure to write Ari an email all about it
if you have the balls, show us the response later you priced out little cuck lmao