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/biz/ - Business & Finance

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27165902 No.27165902 [Reply] [Original]

So what makes LINK so special and hyped on this board? Does it have an advantage over other coins? I believe in the usefulness of Monero so I’m gonna buy tons of Monero, but I’m skeptical on LINK.

>> No.27165967

>>27165902
the shilling is all ironic, LINK is a shitcoin

>> No.27166067

Fuck you, OP.

>> No.27166132
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27166132

Avoid it at all costs

>> No.27166145
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27166145

>>27165902
I'm so fucking tired of you newfags.
WEF Chainlink
DECO Ari Juels
Arbitrum
VRF Chainlink
Sergey Nazarov Klaus Schwab
SWIFT Chainlink
Do your own research that's all you're getting and you don't even deserve this

>> No.27166236

>>27165902
xmr is a great coin with a real usecase
link is a json parser (centralized) with a lot of bagholders from twitter

>> No.27166262

>>27165902
link is a scam it is a little json parser I could write something like that in one afternoon with some coffee. Speaking of coffee it literally says in the white paper that the price should be no more than a cup of coffee for this crap to function at all meaning it already is way to overpriced (because of the pump and dump going on with this scam) DO NOT BUY! stay safe out there :)

>> No.27166381

Link is a pump and dump scheme created by a Russian guy who doesn't even know how to code and a friend of his. It only pumped because some ICO buyers organized on 4chan and they keep the scheme going by manipulating the market. It literally have 10 lines of code and it's a useless price checker. Stay away at all costs.

>> No.27167006

>>27165902
They’re not going to tell you but it’s much much bigger than what gme just did. Enjoy

>> No.27167151

>>27165902
link is a scam and you're probably better off avoiding it altogether.

>> No.27167363

>>27165902
Everyone knows that white supremacists have a stranglehold on the coin, they'll dump on you, to fund for their own purposes. Stay away from it.

>> No.27167543

shitcoin that was at the right place at the right time. doesn't even do anything in real world use

>> No.27167674

>>27166145
I can't believe /biz/ is more retarded than wallstreetbets.

>> No.27167710
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27167710

>>27165902
i dont actually know anything about crypto i just meme this one and grt and accumulate both

>> No.27167785

>>27166262
>implying coffee doesn't cost $20

>> No.27167794

>>27165902
its a complex russian scam dont fall for it!!!

>> No.27167828
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27167828

Chainlink cryptocurrency tokens are a known scam

>> No.27167879

In all seriousness this piece of shit is $22 overvalued

>> No.27167916

>>27165902
dont buy it dumbass
its a shitcoin scam

>> No.27167973

>>27165902
Three years. DYOR and fuck off.

>> No.27167999

Chainlink (ticker: LINK) is very very bad, it's a scam OP trust me don't buy it just so bad will go to zero so very soon don't buy

>> No.27168031

Put a small amount your not afraid of losing link has the potential to pump. Sell off for a profit once pumped. However I could be wrong though.

>> No.27168032

>>27165902
Link holders are absolutely delusional.

Link is the perfect normie coin. It's got a cool logo, it's $20/coin, and "muh oracles" is just technically sophisticated enough for normies to understand but too sophisticated for normies to dive deep enough to realize Link just isn't needed.

If smart contracts actually start being used in the real world (no, making ERC-20 scamcoins doesn't count) then some will require Oracles. But an Oracle is just a JSON parser with some voting mechanisms baked in. It's not something you need BILLIONS of dollars and YEARS to develop. It's not something you need "partnerships" for. You sit down, write the code, and you're done. Chainlink isn't in the Oracle business. They're a branding machine. Their sole objective is pumping the price of their asset, Link. An asset, by the way, they own 60% of. Yes, 60%.

When the time comes Oracles will be written on the native platform (probably Ethereum) and they'll use the native token (Ether). No one is going to need Link, no one is going to buy Link. Nobody will care. This project, along with all the other fad-projects will fade into obscurity. I won't speculate on price, this entire market is an irrational frenzy. Perhaps there is still room to grow, more money to be made. Just know you stand on 0 fundamentals and in the end fundamentals will prevail.

>> No.27168060

its for interaction between cryptocurrencies and the real world

>> No.27168138

>>27165902
It's made by the guy who programmed zelda.

>> No.27168167

>>27168032
Yawnnnnnn

>> No.27168221

>>27168032
>Their sole objective is pumping the price of their asset, Link. An asset, by the way, they own 60% of. Yes, 60%.
INSANELY BULLISH

>> No.27168231

>>27165902
It's mostly the quality of the memes

>> No.27168332

>>27167674
4chan autism is a powerful thing

>> No.27168822

>>27165902
so buy monero, not spoonfeeding you room temp iq tourists anymore you had 3 years

>> No.27169049

>>27168032
This.

>> No.27169078

>>27165902
I'm actually more qualified to talk about this than most anons. I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.