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/biz/ - Business & Finance


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25128032 No.25128032 [Reply] [Original]

>it's already climbing back up
How many times do we have to tell you, bobo? $1k eoy

>> No.25129489

you mean a dead cat bounce. LINK is one of the better projects in the space, yes, but you have to be a drooling retard to think it (along with most DeFi tech) hasn't been in a bubble.

>> No.25129573

>>25129489
>defi explodes from $650M to over $12.5B, bringing all kinds of new financial products and savings accounts that let you actually make money in a predictable stable way, one of the most important financial inventions to ever exist
>ITS A BUBBLE YOU GUYS GET OUT NOW, MAKING MONEY THROUGH SOUND PRACTICES AND TRANSPARENCY IS A SCAM

>> No.25129633

>>25128032
Based and money lego cubed

>> No.25131064

>>25129489
Excellent project, with all original employees except founders jumping ship

>> No.25131104

>>25128032

Ripple:
Sold XRP tokens to sustain business operations and enrich founders.
Paid for partners with profit from token sales to encourage more token sales
Subsidized partners with token sales so they’d continue using XRP
Office in the USA
Massive supply owned by founding team and company

Chainlink:
Sold LINK tokens in an ICO to US investors to fund business operations
Sells LINK periodically to fund business operations and enrich founders
Subsidizes chainlink network and partners through token sales
Token has no function aside from raising capital for founders and company
Offices in USA
Company and founders hold massive supply

Defi:
Top 4 defi protocols do not use Chainlink oracles. (Compound, Uniswap, Sushiswap, Makerdao) clearly not critical infrastructure.

Chainlink Network:
>only 106 nodes in a private KYC network
>out of those, 83 have ran 0 jobs (!)
>only 22% of the network is used
https://market.link/search/nodes

>only 255 data feed available after years of development
>99% are all price feeds
>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
https://market.link/search/feed

If you think that LINK is not fucked your head is in your ass. LINK is EXACTLY like XRP. The whitepaper is full of false promises of functionality that have not come to fruition for the token. The token has been a fundraising mechanism for years and that is all it has done. It is obviously a fucking security.

>> No.25131125

>>25131064
>all original employees except founders jumping ship
source or you lie, faggot

>> No.25131853

>>25131104
get a load of this retard

>> No.25131873
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25131873

>>25128032
You will be rekt. We've warned you. But you don't listen.

>> No.25132811

>>25128032
WE ARE ALL, ALL IN, IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS TOKEN IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!