/biz/ - Business & Finance

[Anonymous No.29238153]

>DOT is now nearly TRIPLE Chainlink's marketcap
We live in a clown world don't we?

[Anonymous No.29238225]

Do you know what either of these coins even do?

[Anonymous No.29238261]

>>29238225
No one cares

[Anonymous No.29238262]

>>29238225
wait they actually do something?

[Anonymous No.29238324]

>>29238225
If you genuinely believe a blockchain is more important than LINK, you're hopeless

[Anonymous No.29238340]

>on a market based upon mindless speculation sergay had the great idea of claiming the token must not go above a cup of coffee
Doomed.

[Anonymous No.29238467]

>>29238340
For the newfags, this isn't actually in the whitepaper.

[Anonymous No.29238533]

>>29238340
classic fud

[Anonymous No.29238613]

>>29238153
Chainlink is KYC centralized oracles with barely any users so sounds about right

[Anonymous No.29238621]

>>29238467
It is lol. Why would you lie about something that anyone could look up in under a minute?

[Anonymous No.29238702]

>>29238621
Believe it or not. Most people won't look that up if they don't know the answer

[Anonymous No.29238705]

>>29238621
Lurk more. You'll oust yourself as a newfag if you don't

[Anonymous No.29238956]

>>29238340
>>29238467
>>29238621
>>29238702
>>29238705
Actual newcoiner here. Teach me of your strange traditions, I've looked up the actual whitepaper and suddenly feel the urge to repost the fake excerpt every couple of days or so for fun. Is that how this works?

[Anonymous No.29239030]

This past 5 months have been worse than the 2018 bear market by far. Because back then we had these huge in depth discussions about how big Link was going to be when mainnet was released and the smartcontract revolution in 2021. But here we are, at rank 10 while chink wash trading scams have a higher ROI than link in only a few months. It's really getting to me lads.

[Anonymous No.29239113]

>link is a ERC-20 token like millions of its clones
>DOT is a world computer that can absorb ethereum at will
Yeah. I'm thinking DOT is still undervalue.

[Anonymous No.29239210]

>>29238324
The absolute state of LINK maxipads.

[Anonymous No.29239221]

>>29238153
Department of transportation?

[Anonymous No.29239457]

>>29239030
Staking won't be released until the bear market, and by then no one will care because we will have already dropped 90%. Sergey will scramble to salvage what's left of his life's work, but by then it will be too little, too late. We literally won't have a bull run.

[Anonymous No.29239479]

>>29239210
But where's the lie? Half the reason I'm in on link is the fact that any one of several different chains/tokens, or a dark horse we don't know about yet, could ultimately win out over the others as a de-factor currency actually used in trade and LINK would still be relevant.

[Anonymous No.29239501]

bunch of crybabies cant stand to hold a 2x a month coin

[Anonymous No.29239692]

>>29239210
Lol he's right though.

[Anonymous No.29239847]

>>29239113
>DOT is just one among so many ETH and BTC wannabes
>Link is the first, biggest, and pretty much only bridge between real-world data and any blockchain you want

hmmmmmmmm

[Anonymous No.29239949]

>>29238153
DOT is more than three times better than LINK. Gavin Wood is top Chad compared to Sergei

[Anonymous No.29239997]

>>29239479
coin not needed

[Anonymous No.29240010]

>>29238340
>10^27 link tokens
>each one a few bucks
I'll take it

[Anonymous No.29240184]

>>29239847
Chainlink is centralized KYC oracles. It wasn't the first, and there's like 100 competitors.

If it was decentralized that would be a different story, but it still requires Sergey to KYC every node manually to get jobs, and they literally have no plan to change that since it's been 4 years and they haven't even hinted at a technical whitepaper that would explain how they actually do sybil resistance.

[Anonymous No.29240262]

https://www.youtube.com/watch?v=Pqsy7V0wphI
Meanwhile the patient people with diamond hands will make it throught the tunnel.
https://www.youtube.com/watch?v=Pqsy7V0wphI

[Anonymous No.29240282]

>>29240184
>Chainlink is centralized KYC oracles
Chainlink was decentralized from day 1.

> and there's like 100 competitors.
Oh god yes, each more hilarious than the last.

[Anonymous No.29240347]

>>29240184
>but it still requires Sergey to KYC every node manually to get jobs
Sergey is the contract operator you dunce.
Of course he gets to pick the nodes, that's how it works.

[Anonymous No.29240350]

>>29240184

[Anonymous No.29240380]

>>29238153
LINK is dead.

[Anonymous No.29240386]

>>29240282
No, Chainlink required KYC to get jobs from day 1, and it still does.

If you require KYC to be a USEFUL participant, you're not decentralized.

I recommend you learn to code brainlet

[Anonymous No.29240517]

>>29240386
>No, Chainlink required KYC to get jobs from day 1, and it still does.
1) that has nothing to do with being decentralized or not

2) Sergey is currently the only contract operator, so of course he gets to pick the nodes.
Every contract operator will get to pick their own nodes.

[Anonymous No.29240548]

>>29240347
And that's 100% centralized, and there's countless centralized oracle competitors, most of them released before Chainlink.

Chainlink is the biggest scam in crypto, the holders are just too dumb to know that it's fully centralized.

[Anonymous No.29240615]

>>29240517
yes, KYC equals centralized.

If you disagree, you are incorrect, and you have the IQ of an ape. Extremely bearish for Chainlink that their holders don't even know the definition of decentralization.

[Anonymous No.29240715]

>>29240548
>And that's 100% centralized
No, that's a centralized contract picking the decentralized nodes it wants.

>and there's countless centralized oracle competitors
Oh yes anon, thanks for continuing to remind me; I could use a laugh.

>>29240615
>yes, KYC equals centralized.
"Decentralized" means not under centralized control.
Sergey doesn't control any nodes other than Chainlink's own node.

[Anonymous No.29240917]

>>29240715
>>29240517

Even Vitalik argues that Chainlink is centralized.

[Anonymous No.29240987]

>>29240917
Vitalik has a seething hatred for Chainlink, almost from day 1.

[Anonymous No.29241016]

>>29238225
they make number go up?

[Anonymous No.29241087]

>>29240987

No doesnt hate it, he is just indifferent.

That doesnt take off the fact that it has a centralized model to prioritize the node jobs.

[Anonymous No.29241183]

>>29239847
>>DOT is just one among so many ETH and BTC wannabes
just stop, buddy. You don't know DOT if that's all you know. Name one clone of DOT? there's no other parachain competitors. meanwhile Link is token #721321 with token #218321 as its competitor

[Anonymous No.29241194]

>>29240917
Hahah it’s amazing vitalik is going to get blown out of the water. Arbitrum just around the corner

[Anonymous No.29241219]

>>29241087
Vitalik always tries to stay neutral to stuff built on ETH
the whole 'sergey vitalik rivalry' is dumb /biz/ bagholder shit

[Anonymous No.29241247]

>>29238340
Let's assume it's 5 bucks.
That makes one full sticky chain link a quadrillion worth!!!

[Anonymous No.29241300]

>>29241087
>No doesnt hate it, he is just indifferent.
lel, no he actually hates it.

>That doesnt take off the fact that it has a centralized model to prioritize the node jobs.
Vitalik said the "security model" was centralized. Not whatever you're saying.

>>29241183
>Name one clone of DOT?
Holy shit you have the reading comprehension of a brick.

[Anonymous No.29241375]

I see this announcement, "BAEX is a new gem," almost everywhere. Did you see that? I checked this exchange, this is a defi binary system with different shares, indexes, fiat & crypto pairs. Does anyone use it? They also offer a bonus system to earn on the invitations: #baex

[Anonymous No.29241378]

>>29241194
Vitalik doesn't like the fact that Sergey is okay with on-boarding existing central entities because Vitalik is a much more full blown idealist. They differ in their philosophies. Sergey is arguably a better businessman

[Anonymous No.29241454]

>>29241219
Vitalik said Chainlink wasn't worth a 32M ICO.
But he actively shilled Kyber; which was another Dex among many, and their ICO happened around the same time as Link but raked in nearly double the money.

Vitalik hates Chainlink.
You're just too new to even know.

[Anonymous No.29241551]

>>29241300
>That doesnt take off the fact that it has a centralized model to prioritize the node jobs.

Do you have proof that he hates it other than fake pictures?

>> Vitalik said the "security model" was centralized. Not whatever you're saying.

I dont care what vitalik says or not, what you say or not.. wether its good or not.. it wont take off the fact it has a centralized model to prioritize the node jobs.

[Anonymous No.29241578]

>>29241378
>Vitalik doesn't like the fact that Sergey is okay with on-boarding existing central entities
Vitalik was perfectly fine with on-boarding existing central entities too, remember the EEA?

No, his hatred for Chainlink stems from something else.
Maybe it's just jealousy, since ETH is just a token dispenser without Chainlink.

[Anonymous No.29241592]

>>29238613
It has a few orders of magnitude more users than DOT. LINK also didn't let a twelve year old delete the withdraw function for their ICO wallet and beg Vitalik to fork ETH to get it back.

[Anonymous No.29241732]

>>29238153
I'm going to be real with you. The reason LINK hasn't gone up is because I haven't sold it.
I just sold Trustswap last night and it skyrocketted from $2.30 after floundering for a week to over $3.
I sold LTRPA after holding it for months and it went from $3 to $5 in two days
I sold UNI for $7
I haven't sold LINK. So one day I'll get fed up and sell LINK and it'll skyrocket to $500+
But not today bros, sorry. I have a worthless bag of ROT though if I sell that it'll go to $6.

[Anonymous No.29241744]

>>29241551
>Do you have proof that he hates it other than fake pictures?
The pic is accurate.

Link ICO: $32M for the first ever decentralized oracle network
Kyber ICO: nearly twice that much money for another Dex among many.

Vitalik said Link wasn't worth $32M, but he openly shilled Kyber.

And whenever oracles come up, he goes out of his way to mention every competitor of Chainlink, but he only ever mentions Chainlink when really pushed; and then he badmouths it.

[Anonymous No.29241770]

>>29241551
There is interview with vitalink answering this meme. Basically he tells - people take things to seriously and meant oracle not what is being build by Sergey. Sergey builds smart contract platform. Those are two different things, like signatures and other shit.

[Anonymous No.29241808]

>>29241551
>I dont care what vitalik says or not
Fucking lol, then don't quote him.

[Anonymous No.29241988]

Dot does 1000 things
Link does 1 thing on an outdated platform

[Anonymous No.29242218]

>>29241592
This.

[Anonymous No.29242246]

100k was always the make it stack retards
You could have easily gotten one of those for 20k

[Anonymous No.29242333]

>>29240715
>>29240987
>>29241300
>>29241454


12 posts. holy shit

You must be mad that your Link shitcoin is underperforming so much right? Your level of cope is insane.

Hey! Guess what! Look at the charts .. it is literally dumping right now again.

[Anonymous No.29242419]

>>29242333
Do biz posters really watch the 5 or 15m candles or is this some weird meme?

[Anonymous No.29242656]

>>29240380
>consistently up 80% over a month
>dead

[Anonymous No.29242854]

>>29242656

Sorry but he is right.

If dead shitcoins from 2017 are performing better than Link in this bullrun.. I dont know what else to argue.

[Anonymous No.29242890]

>>29242656
That would be impressive were it not for the fact that we are in the golden bull run and literal shit is being pumped up higher than this. Fucking REQ is up over 200% in a month.

[Anonymous No.29243252]

>>29242890
It genuinely doesn't make sense at this point other than genuine price suppression

[Anonymous No.29243357]

>>29242854
because dumb money is back in the market looking for xmen nodes
you don't actually think any of this shit has anything going for it, do you anon? It's a giant pump and dump

[Anonymous No.29243413]

>>29242890
>>29242854
>It can't climb as hard as literal pnd scams
wtf i hate chainlink now

[Anonymous No.29243487]

>>29238153
Isn't LINK part of Polkadot ecosystem?

[Anonymous No.29243644]

>>29243252
It didn't perform very well in the 2017 bullrun either. Although back then nobody except /biz/ knew about it and now it's a top 10 coin. The other times I've put money into something that I thought was undervalued I've found out in short order that it wasn't actually undervalued.

>>29243357
Yes, most of the value in the market is speculative. The issue is that LINK is gonna crash along with everything else. So instead of going up very high and then crashing down it's gonna crab at the pace of an ETF and then crash down. The associated opportunity cost is large.

[Anonymous No.29243779]

>>29243487
yeah but pretending they're rivals somehow is more fun

[Anonymous No.29243865]

>>29243252
Its not price supression, thats a stupid idea that link schizos have. Just look at the low volume Link has compared to other Top 10 coins, the btc trend vs Link, its just an underhyped shitcoins that is tailgating btc price and will dump whenever BTC crashes.

>>29243357
>>29243413
You are correct, but those pnd already made me 2x more gains than Link. Its called opportunity costs.

[Anonymous No.29243937]

>>29243865
Yeah you're right im going to sell half my link and start buying pnds. Wish me luck! Thanks so much for the advice btw

[Anonymous No.29244102]

>>29239030
I know, I need to get the fuck out of this shitcoin right now. Jesus. Why am I doing this to myself? All thse new scamcoin newfags are literally gfoing to surpass all the 2017 oldfags who have held link since ICO. They are going to make more in 6 months off scams and having fun while you sit watching like a cuck, with your heavy slow bag.

[Anonymous No.29244342]

>>29243865
not everyone is here for pnds. it really just depends on what kind of trader you are

[Anonymous No.29244550]

>>29243865
>survivorship bias says I'm stupid
50 pink wojaks call me a nigger for shilling crypto and ruining their lives, 50 green wojaks call me a retard for settling for an easy 2x-10x on my savings that never loses me any sleep. c'est la vie.

[Anonymous No.29244623]

>>29238340
i pay $100 for my coffee
it comes in colombian girls asshole

[Anonymous No.29244689]

>>29244550

Chainlink will dump hard like anything else when BTC crashes

[Anonymous No.29244702]

>>29240262
This is a really dark movie.

[Anonymous No.29244964]

>>29240715
your IQ is insanely low.

Decentralized means no single point of failure. It means open. Chainlink is a closed system with a central point of failure: Sergey's KYC.

The nodes can do whatever they want, sure, but Sergey can prevent them from getting any job, by unKYCing them.

Chainlink is LITERALLY centralized. Sergey is LITERALLY the single point of failure. Sergey LITERALLY must require to see the passport of each node that gets jobs. That is LITERALLY the very definition of centralized.

Imagine thinking that something where each network participant needs to show their passport to the CEO to do anything meaningful is "decentralized".

Please do an IQ test and report here, I think everyone here would be fascinated to see the results.

[Anonymous No.29245070]

>>29239457
Sell everything now it's over

[Anonymous No.29245143]

>>29238261
NGMI

[Anonymous No.29245250]

>>29244964
>Chainlink is a closed system with a central point of failure: Sergey's KYC.
This is completely nonsensical.
All the nodes are independent parties, and they've been blowing the fuck out of all competitors because the network is decentralized.
You're just confused because Sergey is currently the only contract operator, and contracts are always going to be "centralized".

[Anonymous No.29245273]

>>29244689
Why would this entire market dump like a 2018 repeat? That bear market happened when the traditional economy was thriving, traditional dollars were strong, and competitive pressure for normal people in the West to make any big changes in the way they do business or handle their money was low.

Think beyond the traderbrain and the graphs. Do you really think present conditions are comparable, or will become comparable any time soon?

[Anonymous No.29245501]

>>29239030
Chainstink is done for. No progress, at all just vaporware.

[Anonymous No.29245774]

>>29244964
For all of you in this thread, this post is literally saying nothing.

[Anonymous No.29245874]

>>29238340
This fud actually made me sell before link hit $8

[Anonymous No.29246167]

>>29238621
This whole project is fucked, cant even pump while chinkcoin is on euphoria mode.

[Anonymous No.29246246]

>>29238153
YOU HAD THREE YEARS

[Anonymous No.29246456]

>>29238153
>DEFI bullrun
>defi backbone is crabbing
>shitcoin meme eth killer that's totally unrelated to defi is 4 times the defi backbone's marketcap
HONK HONK NIGGERS

[Anonymous No.29246606]

>>29238467
I feel for this fud 3 years ago but came back with the vengeance and bought my stack @ .50 range

[Anonymous No.29246986]

>34
yeah man golden bull