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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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29262110 No.29262110 [Reply] [Original]

I’m starting to think that chainlink is not the essential technology biz makes it out to be

>> No.29262153
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29262153

>>29262110
then sell/short

>> No.29262164

>>29262110
its literally not needed at all
sergey has to subsidize the nodes by selling off 1MM LINK each week

>> No.29262280

>>29262164
Is this real? That is too funny to be true.

>> No.29262342

>>29262280
gas fees are murdering LINK nodes
circulating supply went from 350MM to 408.5MM and 1.5MM increase was this week alone

>> No.29262407

>>29262280
It's false, it's 1.5m lately. PAIN.

>> No.29262422

>>29262110
Link is a 4chan meme. Don't fall into it. It is literally just a JSON Parser and no one needs it. Also it is outperformed by bitcoin most of the time

>> No.29262476

>>29262110
The problem it pretends to solve is actually untractable but linkies are too stupid to realize this

>> No.29262512
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29262512

>>29262280
It is and it's hilarious.

t. LINKBTC shorter

>> No.29262578

>>29262422
I was big into link until I realized this. Everything a smart contract interacts with will literally just parse the info itself/at the edge/whatever. It's unnecessary, still made a fair bit of money from it though lol

>> No.29262713

>>29262512
Fucking clown world man.

>> No.29262744

>>29262110
Are you retarded howd it take until 2021?

>> No.29262918

>>29262512
AAVE and CREAM use Chainlink, maybe they should be paying more if they're able to generate so much money.
Also CREAM just got flash loan attacked what i presume was their own devs

>> No.29262993

>>29262918
Nevermind im retarded. I'll leave it up so you can make fun of me

>> No.29264055

>>29262512
>>29262280
fucking sergey market sells link for eth to give node operators eth to pay for gas fees
only the miners are making it, wish I got me a couple rtx cards before they went extinct

>> No.29264463
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29264463

>>29262110

>> No.29264554

>>29262512
does any oracle do it better? API3?