Mixed Signals Chainlink

[Anonymous No.50446976]

>Newfag here 6 months in. I've done research, read articles, looked at partnerships, projects on chain, etc. and I still can't definitively put this into the Shitcoin camp or non shitcoin camp.

Maybe the FUD is super effective but I figured I've lurked enough for one thread. There's no in-between on this coin. It's either literal token not needed Sergey dumping pajeet style long running scam coin or its revolutionary and will make millions of stinkies fresh and clean lambo drivers in a few years.
Every signal is mixed.
>Staking coming soon good!
>Long term holders only initially bad!

So are there any Bizitens who don't have an arbitrary hatred of this coin who can share some insight on this one? Is a make it stack even attainable now without a $100k investment? Nonmarines only please. If you held this up to $50 and back down to $7 I already know that you know this is the best investment of our lives since you would need that mantra in your head daily to avoid offing yourself.

Just looking for advice on Biz so I can do the opposite. Thanks in advance.

[Anonymous No.50447135]

>>50446976
if you cant tell if its a shitcoin or not then maybe its not for you

[Anonymous No.50447198]

>>50447135
Maybe not, but I figured I'd see if there were anyone eloquent Bizanons who sorted through FUD already. Frankly it looks like a duck but it's barking.

[Anonymous No.50447224]

Token not needed. No one needs a premined token for a price feed API.

[Anonymous No.50447257]

>>50446976
I think I’m not the only one on here that realizes that the Chainlink discussion on here isn’t organic at all.

A complex mix of paid shills and bots post memes and start conversation. Real anons browsing /biz/ think these convos are real and start making convos themselves. Then when things die down, the bots and paid shills start again to capture new bagholders.

[Anonymous No.50447336]

>>50447224
I appreciate the input honestly.

>>50447257
Exactly! I'm aware I'm sorting through shills, bots, desperate all in marines, etc. Other shitcoins are quite easy to spot after some research and time, but this one just has so much noise around it its hard to separate.

[Anonymous No.50447368]

>>50446976
The only question that matters. Niggers, Jews…what kind of news?

[Anonymous No.50447452]

>>50446976
The real redpill is that smart contracts aren’t needed. OP from this thread yesterday made some fairly good points, and only got memed at in response: >>50431131

Chainlink has some potential within defi, but we really don’t know how long that circus will last. Also, read about vitalik’s opinion about oracles vs. merkle proofs.

[Anonymous No.50447498]

>>50447452
Based biz anon thank you very helpful insights. Will definitely check that thread and Vitaliks thoughts.

[Anonymous No.50447563]

>>50447257
It will never not be funny to see anons reply to this spambot as if he is a real person, while complaining about speaking to bots lmfao >>50447336

[Anonymous No.50447586]

>>50446976
There are a lot of moonboys in the Chainlink community who have a fundamental misunderstanding of the actual implementation and use of the tech. For example CCIP or ISO20022. Those are literally just messaging standards, but link marines act like they’re some kind of holy grail that will cause tokens to be bought up by the hundreds of millions (they won’t). Chainlink has some awesome tech, but I wouldn’t say it’s the most bullish project in all of crypto. Also, not sure if you were around last year, but there was a ton of hype around arbitrum and how it would kick off the “singularity”. We can all see how that turned out. It was a nothingburger.

[Anonymous No.50447650]

>>50446976
>Bizitens
bizraeli

[Anonymous No.50447673]

>>50447452
>Also, read about vitalik’s opinion about oracles vs. merkle proofs.
Vitalik came back on that when he finally realized Merkle Proofs don't do shit for off chain data. See pic rel, Vitalik RE: stablecoins. Vitalik knows Oracles are needed, he just doesn't want Chainlink to steal the show. This in turn led to the absolute embarrassing display of Vitalik practically begging his buddies at Uniswap to pivot their governance token into a fully fledged Oracle token in an official Uni governance proposal:
>https://gov.uniswap.org/t/uni-should-become-an-oracle-token/11988
>Uniswap does provide an “oracle” for the price of ERC20s traded on the exchange, but this is not a true oracle as it does not provide the price of anything in the outside world.
>I recommend that Uniswap and the UNI token step in and provide such an oracle
In other words, Chainlink as a project very needed, Chainlink token very needed (as per Vitalik RE: Sybil resistance), mETHeads forever seething and Vitalik WILL bend the knee.

[Anonymous No.50447764]

>>50447673
cope

[Anonymous No.50447811]

>>50447673
>>50447764
To emphasize:
>BUT THIS (UNISWAP) ORACLE IS NOT A TRUE ORACLE
>AS IT DOES NOT PROVIDE
>HE PRICE OF ANYTHING IN THE OUTSIDE WORLD
>t. Vitalik Buterin
Cope, seethe, dilate, do whatever you need to do to live with this fact, for a fact it is.

[Anonymous No.50447822]

>>50447563
Dammit they got me again. Kek.

>>50447586
Much obliged on this explanation. I see a lot of hype around CCIP from clearly nonbots holders but it didn't make sense to me. Perhaps I'm giving holders too much credit in understanding their own investments. The tech and projects on Link are really what have kept me peeking at this project though.

[Anonymous No.50447831]

>>50446976
Chainlink is the OFFICIAL coin of /pol/. We will see $1000 before the end of the year, and once that happens we can proceed with our plan to EXTERMINATE all niggers and Jews. Heil Hitler!
>>50447368
BAD NEWS!

[Anonymous No.50447939]

>>50447822
>Dammit they got me again. Kek.
Happens. This particular schizo has been spamming the same copy pastas for years. I recommend you check the archives for genuine LINK discussion, especially between 2018-2020

[Anonymous No.50448016]

>>50446976
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. Happy gambling though anons.

[Anonymous No.50448167]

>>50446976
>i want to bet one a crypto coin, and only one, once. i don't want to ever reinvest winnings or bet again. i really don't want to even think at all.
Kill yourself.

[Anonymous No.50448226]

>>50447452
Here’s a little tip for you for being such a polite OP. Celsius has been having money trouble. Check out which counterparties they have made whole. Figure out why they paid them back and not the others that they owe money to. Figure out what that means for the financial system.

[Anonymous No.50448295]

>>50447822
Chainlink is the real deal but its value add is more quickly and discretely realized by the niche products which use it. Anons who followed the Link early partnership playbook (SNX, AAVE, AMPL etc) made several hundred X more than dr;ns limpers.
The "investment value" of Chainlink comes from understanding what profitable ventures it can enable and either building them or buying into them.

[Anonymous No.50448301]

>>50447452
He got memed on because weve had that exact discussion hundreds of times in the last 5 years. If he wanted answers he should dig through the archives.

[Anonymous No.50448308]

>>50446976
idk i bought 10,000 in 2017 for a couple thousand bucks and havent bought or sold since then

i have not added any more to my stack.


im broke as a joke making 15,000 a year living with mom at 33 years old...


just have 10,000 link..

it gives me hope i guess....
dont care literally my life. is already over...

[Anonymous No.50448314]

>>50447198
Days of spoon feeding are over

[Anonymous No.50448367]

>>50448016
>The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable AUM in a coin on a blockchain called bitcoin, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have stock buyers and liquidity providers we trust
t jp morgan in 2017
this is how retarded you are anon

>>50446976
but anyways to answer op's question
the serg is royally fucking his own creation he has supported the biggest shorters of his own token the whole past bull run and still has about half the circulating supply to dump on all his investors
the link fundamentals don't matter as sergeys stupid has left the door open for a competitor to jsut upright steal most of chainlinks work and ride in at the last mile before the finish and win because they pump their token rather than actively suppress it
every link holder lives in the deepest fear of this, for past bull run proved how dangerous this is
just look at fucking sol its a piece of shit tech that is effectively run by proof of discord but it pumps to mars because big boys are riding it up
now imagine if sam backs a new oracle that favors his exchange in 1 year and pumps it like he did sol
its game over and books shut for chainlink at that point

[Anonymous No.50448475]

>>50448314
How about some spork feeding then?

[Anonymous No.50448560]

>>50446976
I'll help you out. Go research Link anywhere other than biz. If you still don't know the answer after that then nobody can help you.

[Anonymous No.50449168]

>>50447673
>Vitalik WILL bend the knee.
he already did once he conceded that L2 rollups were the path forward for ETH scaling. Chainlink owns the entire smart contract stack at this point. Vitalik has been relegated to a twitter e-celeb who will be used to influence smart contract narratives and further the globohomo agenda.

[Anonymous No.50449341]

>>50448308
Your life is about to begin fren

[Anonymous No.50449817]

>>50449341
In 14 days right?

[Anonymous No.50451211]

>>50446976
>newfag reading articles
I hold 20k link and have never even read a full book let alone an article
Stop over thinking and just go with your gut
Also I have never used a stop loss

[Anonymous No.50452680]

>>50449341

[Anonymous No.50452711]

>>50446976
>>50447135
>>50447198
>>50447224
>>50447257
>>50447336
>>50447368
>>50447452
>>50447498
>>50447563
>>50447586
>>50447650
>>50447673
>>50447764
>>50447811
>>50447822
>>50447831
>>50447939
>>50448016
>>50448167
>>50448226
>>50448295
>>50448301
>>50448308
>>50448314
>>50448367
>>50448475
>>50448560
>>50449168
>>50449341
>>50449817
>>50451211
>>50452680
pre-mainnet marines is a chainlink unofficial discord subreddit filled with left side bell curve niggers that only let in people that pay the moderators.

[Anonymous No.50452774]

>>50452711
Stop killing Link threads with this post

[Anonymous No.50452843]

>>50452774
pre-mainnet marines is a chainlink unofficial discord subreddit filled with left side bell curve niggers that only let in people that pay the moderators.....

[Anonymous No.50452897]

>>50452711
All me :)

[Anonymous No.50452904]

>>50452843
pee pee poo poo

[Anonymous No.50453919]

>>50452897
Dh just sent in the last report needed to get the whole server shut down ;)

[Anonymous No.50454544]

>>50446976
>Is a make it stack even attainable now without a $100k investment?
A make it stack is 10k. That costs less than $100k so yes. If you cannot do simple math like this you probably shouldn't be trying to get your head around link. Either buy and hold or fuck

[Anonymous No.50454831]

>>50448475
How about you take your gay shitty Reddit jokes and shove them up your nigger ass. Post hands to prove you’re white and maybe then we will give you the information you seek.

[:^) No.50456803]

>>50446976
Assmangler here, do not buy the LINK token.