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/biz/ - Business & Finance


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53809303 No.53809303 [Reply] [Original]

If chainlink is supposed to be the end game of the new financial paradigm, and all big banks and enterprises are to hold LINK in order to participate in the network, then why is the team going out of their way to pander to retard twitter and tiktok retail customers?

Explain to me like im 5 how this doesn't reek of gyspy swindle.

>> No.53809328

>>53809303
Retarded title, reddit spacing... yep, you aren't gonna' make it.

>> No.53809331

>>53809303
>supposed to
According to who? Desperate bagholders? I bet you believe the BAT fags too when they say they're revolutionizing the advertising industry.

>> No.53809347

>>53809328
>gonna'

>> No.53809362

>>53809331
Why would you bet that I'd believe anyone blindly when I'm question the LONKMARINE narrative itt?

>> No.53809441

>>53809331
BAT has more utility thank LINK

>> No.53809503

Do you question anything else in crypto and make threads about it.

>> No.53809508

>>53809347
>give

>> No.53809531

>>53809303
If it walks like a scam….

>> No.53809647

Where are the giga brain LANK MARINES? i need answers

>> No.53809724

>>53809303
Chainlink is the endgame for both big institutions and the masses.

>> No.53809763

>>53809328
>>53809503
>>53809724
ChatGPT post

>> No.53809898

>>53809303
> look at their data feeds..
> https://data.chain.link/recent
> https://data.chain.link/popular
> not used for anything but for pulling shitcoin prices
why do big banks and enterprises want to know shitcoin prices?

>> No.53809916

>>53809898
>why do big banks and enterprises want to know shitcoin prices?
They don't.
They want to use Chainlink for showing something else.

>> No.53809964

>>53809362
Because you're wasting time making yet another one of these gay threads. Stinkies need to be relegated to a general, rather than shitting up the board with a dozen threads at any one time.

>> No.53810001

>>53809916
https://data.chain.link/ethereum/mainnet/nft-floor-prices/coinbase-bored-ape-yacht-club-floor-price-eth
like what? bored ape yacht club? there isn't any data that enterprises banks and enterprises are puling out of chainlink oracles. a few things might be useful like completely centralized accuweather data that is fed to chainlink and can be pulled through chainlink but even shit like that is never ever pulled. all that is pulled is shitcoin prices.

>> No.53810013

And just like that, OP BTFO LINK shills to oblivion. Lol. Lmao even.

>> No.53810036

>>53810001
>like what?
Whatever they need and want.

>that is never ever pulled. all that is pulled is shitcoin prices.
Feeds are pushed, not pulled.

>> No.53810041

>>53809303
Yeah basically the math is:

(Smart Contracts + Connecting to Real World Data + Blockchain) / Token Not Needed = $0

So basically the Intrinsic Value of Link is $0. The only reason it is above that is memes and market inefficiencies.

>> No.53810091

>>53810036
> https://data.chain.link
> SHOW ME SOME REAL WORLD FEEDS BESIDES SHITCOIN PRICES...

>> No.53810106

>>53810091
Why?
The ones the banks will use can be set up in minutes, and probably won't be public to you, ever.

>> No.53810110

>>53810036
my friend, if (((THEY))) are so keen on utilizing LINK and the "war was won before the first shot was fired" and blah blah blah <insert dumb and gay narrative here> then why the project being shilled to the absolute lowest common denominator?

>> No.53810117

>>53810110
Because >>53809724

>> No.53810163

>>53810106
> zero evidence of real world utilization
> zero transparency
> unrelenting dump
> muh banks will use it
sounds exactly like Ripple schizos getting scammed and bagholding

>> No.53810211

>>53810163
sounds like you should sell, anon!

>> No.53810240

>>53809303
"a bit of chainlink in everything you do" were eric's words at Smartcon '23. Chainlink will be used in everything and it's smart branding to get normies familiarised with the name, as it will come to be associated with trust and secure data, to the point that anything not secured by it will be rejected.
These actions might not make sense to your midwit head, but you can rest assured that people who know what they're doing have thought about it carefully. Thanks for playing.

>> No.53810278

>>53809303
Hi, 50k LINK since 2017 holder here.

The core thing for you to understand is currently no crypto is worth anything. None of them do anything valuable. Literally zero of them. The best case you can make for "value" is they created a new kind of gambling and helped surface-level legitimize ponzi schemes (All "DeFi" ever shook out to be).

That's not to say there isn't fundamental value being built, it just doesn't exist yet.

So, all valuations on all tokens are purely speculative. A Chainlink token doesn't need to be 10 cents let alone $7, and the same goes for a Bitcoin at $25,000. What does a "Bitcoin" actually solve for? Nothing. In fact, the whole "replace money!!!" narrative died and pivoted to a "store of value!!!!" which it clearly is not BECAUSE there is zero value proposition for Bitcoin which is why the VAST MAJORITY of the world does not use or even think about it.

When you create something of high value, the usage grows exponentially, which is why things like the Internet, computers, cars, etc. are found globally.

This doesn't happen over night, it takes sometimes decades. Blockchain tech is in its infancy.

LINKies are betting on it being a core part of the infrastructure for when value is actually created. Until then we just pray speculative value makes us rich like every other shitcoin holder, because otherwise it's possibly going to be a 10-15 year wait.

>> No.53810295
File: 33 KB, 657x527, 1674268466139102.jpg [View same] [iqdb] [saucenao] [google]
53810295

>>53809303
crypto has always been a bottom-up. that's why its first communities were born here and why we will make it. as above so below is not just a meme.

>> No.53810317

>>53810240
Do you actually believe this? For the longest time the narrative has been that LINK will be an invisible backend, through which all important data is passed. Now this pivoting narrative by you states that we must accustom the normies with the name so they are not shocked by the implications of the projects' importance and magnitude? Give me a break dude. And if they're so, so important, and big institutional players have already been locked down and are chomping at the bit to leverage the network, then why was their advertising crew BTFO'd and replaced less than a year ago? Why does such an important project which is already positioned to win even need a brand new marketing team? cmon man. The only thing you got right is that I'm a midwit, but obviously so are you.

>> No.53810333

>>53810278
But in 15 years we're all gonna be old and retarded, what's the point of making it by then?

>> No.53810359

>>53810278
Bitcoin does offer a lot of value in having a trustless international monetary system. I can send money to anyone in the world anywhere at any time in a matter of minutes and the recognized value makes this possible. This same can be said for most cryptocurrencies. You just want to continue living as a slave to the kosher people so you want them to give their “stamp of approval” to “legitimate” money because it is all you know.

>> No.53810374

>>53810317
>this pivoting narrative
What pivot?
The masses are pretty much the only ones who used Defi, which is largely powered by Chainlink.

Chainlink was targeted towards the masses AND large institutions.

>> No.53810376

>>53810317
They have been focussed on the technicals and only since eric came on board are taking it to the marketing stage. You can sit here and talk shite about it all day if you want, but we all know you're fudding your little socks off and probably hold a ton of Link. Thanks for killing 5 mins with me but my groceries won't buy themselves. Catch you on the flipside, monkey boy.

>> No.53810399

>>53810333
Checked trips of truth
But the idea is speculative value will always frontrun actual value, so if you wait until it happens you’ll miss it.

>> No.53810407

>>53810376
>catch you on the flipside
>thanks for playing

I MAY nmi but you are certainly NGMI you weird fedora cringegod

>> No.53810409

>>53810278
>Blockchain tech is in its infancy.
btc is has been around for ten years you stupid faggot

>> No.53810413

>>53810359
You can do this with Banks & FIAT systems

>Muh I don't have a bank!!!!

Do it with fucking Paypal, Venmo, Cashapp, etc. then

>Muh I don't have an ID!!!

Then you're living in the middle of fucking nowhere Africa or wherever and what are you going to do with Bitcoin exactly?

You can't spend Bitcoin, so you need to be able to trade it for cash somehow. If you can't use ANY cash transfer app, you also can't fucking trade Bitcoin for cash. It does NOTHING, your use case is just theoretical. I'm not saying it won't pan out, but in the real world, today, that is simply untrue.

>>53810333
There isn't a point, and if that's what it takes 99% of today's marines won't make it there.

>> No.53810420

>>53810413
>Do it with fucking Paypal
So they can take money out of my account when I say the word nigger on twitter?

>> No.53810422

>>53810409
It took the Internet 30 years to achieve the abstraction and development levels it needed for mainstream adoption. Now you are the stupid faggot.

>> No.53810441

>>53810278
You say you’re a 50k link holder since 2017 like that makes you smart or something. I had 55k link and I started with $500 in 2017. I rode XLM from 1.8c to 75c then dumped my money into Link throughout 2018. I was a retard then, but I somewhat let myself feel smarter than I actually am because I turned $500 $1.5M in 4 years. But I sold half my Link above $30 and haven’t worked since 2020.

I am as retarded now as I was in 2017, just lucky. But I read all the same breadcrumbs and other BS as you and you know what? I don’t feel nearly as confident about Link’s future as you.

Plus, now it is clear that web3 tech is just going to be used to control us more and it’s all fucking gay and pozzed. So stop trying to sound smart because you lurked 4chan.

>> No.53810442

>>53810422
post the time line dates

>> No.53810467

>>53810413
Yea, you can. But it is way easier and way more seamless to do it with crypto. You can also send letters through the postal system to most places in the world. Doesn't mean I want to do it that way.

>> No.53810503

>>53810413
Additionally, you sound like such a naive American faggot when you say this. Travel outside of your bubble sometime. You're going to get really hard when the petrodollar dies and I hope you remember me when you're thinking about killing yourself because you trusted the jewish financial system so much.

>> No.53810525

>>53809964
Yeah, the board is like 50% linkposting. There is almost no eth- or btcposting in comparison, explains why link is getting so much flak for every dumb decision of the team while there is almost nothing for eth for example. Still, general thread sorely needed

>> No.53810545

>>53810525
The vast majority of Link threads are fud threads like this very one.
Always has been.

>> No.53810559

>>53810278
> What does a "Bitcoin" actually solve for?
are you stupid?
> bitcoin has led to hundreds of billions of dollars of capital outflow in countries that have capital controls like China. One of the reasons why China has banned Bitcoin many times over the years
> bitcoin gave rise to the darknet markets. Silk road, alphabay...buying drugs online wouldn't have been possible without the invention of decentralized censorship resistant money
> backpage online escort service survived for 2 years using Bitcoin after Visa/Mastercard/Banks banned them until the Feds finally shut them down
> various services like Strike use the Bitcoin network and BTC worldwide markets and liquidity for money remittance
> a ton of people including various investment funds and pensions use BTC as store of value and an investment

>> No.53810561

>>53810409
And bitcoin has expanded at an incredible rate in 10 years, are you kidding? 5 years ago, hardly anyone had even heard of Bitcoin and they JUST started hearing about it thanks to the golden bull run of 2017. Two years before that, you had to be a huge nerd to have ever interacted with Bitcoin.

Bitcoin is also fighting a battle against the global financial system. They are waging all kinds of psychological warfare against it. Do you really think the money changers and the money printers want to lose their grip on the reigns of the slave class?

More and more, I'm seeing projects like Chainlink and the Hashgraph as devising ways to still extract labor from the goys by the "elites"

Chainlink has lost all excitement to me though. I really think it was from Smartcon last year (I still ironically wear my smartcon sweatshirt almost daily). That really made it clear how shitty the future will be.

>> No.53810564
File: 94 KB, 1080x1646, 1677083212850.png [View same] [iqdb] [saucenao] [google]
53810564

Its a scam grift. heres Sergeys previous project NXT, look familiar? Thats because sergey dumped his ico bags and abandoned the project.

>> No.53810574

>>53810545
not every criticism is FUD

>> No.53810576

>>53810559
BRO WHY CAN'T CHINESE PEOPLE JUST USE VENMO? TF?? WHY DON'T YOU JUST USE A FUCKING CREDIT CARD BRO?!?

>> No.53810593

>>53810574
The question in your thread makes zero sense, it's retarded fud just like the absolute majority of Link threads these past 5 years.

>> No.53810602

>>53810593
which part doesn't make sense to you?

>> No.53810604

>>53810545
It's because there are many bagholders that feel they are owed something. Especially since they were millionaires less than two years ago and now barely have 6 figures. They forget that before that they were utter poorfags without a hope in the world.

So they ultimately resent Chainlink because they feel like they were promised something and it was taken away. They had no experience in markets, didn't understand anything about crypto, and this was the one thing they got very lucky with (so they feel they were successful with it)

So they built an entire worldview based around Chainlink being used for everything and as the price rose, it only solidified their perspective. Now they have to see reality for what it is, and it sucks.

>> No.53810611

>>53810602
The part where you claim Chainlink was never meant for the masses.

>>53810604
>It's because there are many bagholders that feel they are owed something
It was the exact same back when Link was destroying the entire market.

>> No.53810648

>>53810564
This is old, shitty fud. Sergey wasn't behind NXT. Sergey was behind SAE (Secure Asset Exchange) which was a dapp built on top of SAE.

It's like blaming Sergey for Ethereum failing.

>> No.53810661

>>53810574
Yes, it literally is. Criticism inherently implies "uncertainty" and or "doubt"

>> No.53810673

>>53810611
I guess what I'm trying to ask is why does a project which is poised for greatness, need to advertise to the masses? giga altruism? pumping the price? something else?

>> No.53810679

>>53810611
No it wasn't. I was here. People were rejoicing and posting "WTFWT" posts. Also 2018 and 2019 were all entirely comfyposting and breadcrumbs for the most part. Sure there were token fudders like Astro and UncleOldFag, but everyone knew they were link holders.

>> No.53810714

>>53810661
FUD is disingenuous and malicious, I am being neither.

>> No.53810727

>>53810673
> Max Supply 1,000,0000,000
I wonder why

>> No.53810729

>>53810673
It's because Chainlink isn't as "poised for greatness" as we've been made to believe. It is still a startup. They clearly have connections in high places, but in order to be successful, they need to attract talented and innovative people, they want people to understand what it is that they do, etc.

Chainlink making a stupid tweet doesn't mean they are spending all their time "focusing on the masses" also. It is literally free to send out a tweet and that one was probably sent out by some faggot like Chainlinkgod.

Also, the higher their token price, the more money they can garner to accomplish all of their goals. So if they can put out very easy-to-make content on platforms that can garner a lot of eyeballs and more people buy their token, the pros far outweigh the cons. The only downside is faggots on 4chan being upset about it.

>> No.53810731

>>53810673
The more adoption, the greater you are.
What is wrong with your fucking brain lmao

>>53810679
>No it wasn't
Buddy, Zeus Capital made a huge compendium of Link fud from before early 2020.
The fud was absolutely wall to wall.

>> No.53810747

>>53810714
No it isn't. FUD just means "Fear Uncertainty Doubt" and the acronym has existed a lot longer than crypto has.

>> No.53810771

>>53810747
It's different in the context of crypto and we both know it.

>> No.53810808

>>53810731
Zeus was a normie filter as far as I could tell. Only low IQ retards believed that. The future just seemed a lot brighter back then to me.

Now I'm generally pretty disgusted by crypto as a whole after this most recent bull run. It is such a toxic waste dump. It changed my life financially, but it is embarassing what it has become.

I remember Ari Juels mocking crypto kitties in 2018 or 2019 now he is unironically NFT-posting on Twitter and it is clear that blockchains aren't as useful as people were hoping.

>> No.53810813

>>53810278
now this is some subtle fud, well done i guess

>> No.53810816

>>53810731
yeah dude, im sure the zoomer who just watched someone get hit in the balls, scrolled up, watched chainlinks spiel about getting into a bar, got bored, scrolled up again, and watched some 15 year old do a sexy dance is going to somehow strengthen the adoption rate.

give. me. a. break.

>> No.53810817

>>53810714
You wish you were disingenuous. Instead you're just plain retarded.

The absolute endgame for crypto is to delete banks etc. and decentralize finance at every level. Smart contracts and oracles are the key to that.
And even if this weren't the case; why the flying FUCK would you ignore the same masses to whom the banks themselves relentlessly market?

I don't know what kool-aid you've been drinking, but you have severe brain rot.

>> No.53810828

>>53810808
>Zeus was a normie filter as far as I could tell.
Zeus was the manifestation of years of wall-to-wall Link fud carpetbombing.
The same years when Link kept destroying the markets.

>> No.53810839

>>53810817
not sure why you're getting so upset when I've been nothing but respectful. If you think I'm retarded close the page and stop replying.

>> No.53810850

>>53810817
Also this thread is about LINK in particular which has stated many times that their end game is to work with banks to enhance transparency.

>> No.53810854

>>53810839
because he is that mentally ill shill with his circular reasoning for 80pbtid in every LINK thread
just ignore him

>> No.53810857

>>53810816
>>53810839
>>53810850
Here's a protip: the absolute biggest companies in the world get their money DIRECTLY from normies: Apple, Microsoft, Google, Amazon, Tesla, ...

>> No.53810883

>>53810816
It isn't going to hurt the adoption rate.

>> No.53810890

>>53810817
>let’s just like a run fucking parallel economy since our idea only works with Bitcoin LMAO

God linkies are so dumb

>> No.53810892

>>53809303
How does it make you feel that this line of FUD was so obvious and expected, anons were already making fun of it before you even posted this?
>Muh Chainlink doesn't market to normies, that means it's shit!
>Muh Chainlink markets to normies, that means it's shit!

>> No.53810917

>>53810850
>LINK in particular which has stated many times that their end game is to work with banks
Source?

One of the very first concrete applications for Chainlink brought up by Sergey was farmers in third-world countries.
The past 4 years of mainnet have been ALL about the masses.
Chainlink was ALWAYS about the masses as well as big institutions.

>> No.53810945

>>53810892
kek this
It's only been what, two months since that huge "muh Chainlink has shit marketing" fud wave?

>> No.53810953

>>53809964
>>53810525


>Because you're wasting time making yet another one of these gay threads. Stinkies need to be relegated to a general, rather than shitting up the board with a dozen threads at any one time.

Then maybe the paid fuddies should stop making fucking 389473847389473894392 threads every day kek

Its almost always just a plethora of FUD threads. This is thread you are literally commenting in about LINK has a negative connotation. Its not a "shill" thread

Are you retarded?

>> No.53810958

Crypto is literally only good for tax evasion at this point, and even then that network effect dies if the speculative liquidity dries up.

Chainlink is literally going to become a small business providing boutique software to banks, and will be bringing in less than 10 million a year.

Fucking Kek, Imagine pissing away hundreds of millions. Couldn’t be me dog

>> No.53811043

>>53810892
marketing to normies on tiktok when you're allegedly onboarding SWIFT, BNY MELON, and the entire derivatives market is so unfathomably weak

>> No.53811104

>>53811043
BNY Mellon is on Tiktok too lol
Get with the times, gramps

>> No.53811228

>>53810953
You shitheads have been shilling this garbage to fresh bagholders for years now. Just make a dedicated general like all the other washed up coins and at least the fudposting will move there.

>> No.53811244

>>53811228
Generals are for has-beens like Ripple that are abandoned, getting assraped by the SEC, rugged, ...
It's not for projects that are working with Swift and on the verge of releasing a bunch of major features.

>> No.53811321
File: 150 KB, 568x1200, 1677087041522.jpg [View same] [iqdb] [saucenao] [google]
53811321

>>53810648
Wrong he was a co founder. It was his test run for scamming

>> No.53811359

>>53811244
>generals are for has-beens
Yes, like LINK. Every alt gets one run against Bitcoin, two in the case of Doge, but that's only because Musk was shilling it.

>> No.53811418
File: 681 KB, 822x1237, 1648780430221.png [View same] [iqdb] [saucenao] [google]
53811418

>>53811359
>like LINK

>> No.53811583

>>53810857
The goal isn’t to have them directly buying link tokens though, it’s to have the chainlink network utilized by them on the back end through services they already utilize. Kind of a sloppy example, but nowadays most people don’t really think of Proctor and Gamble when they consider household supplies. You’ve probably heard of them, but you don’t know what products they actually own and yet if you go through your house more than half are P&G. The endgoal for chainlink is even more abstract than that but the idea is similar.

>> No.53811593

>>53811583
>The goal isn’t to have them directly buying link tokens though
It's to have them using Chainlink services, which run on Link tokens.

>> No.53811623

>>53811228
They'll never comply to a general. Spamming the catalogue every day with LINK false flag FUD threads (with filter evasion) is literally the main shilling strategy on this board for 5+ years and it is the only reason this shitcoin still hasn't been phased out. It is quite literally the definition of an astroturfing campaign with constant spamming, it doesn't even matter if holders are doing it for free or not. A LINK general would defeat the purpose of this, only hope is that moderation steps up (lol) but since mods/jannies are bagholders themselves, they are simply tolerating it.

>> No.53811664

>>53811593
Exactly but they don’t need to know they’re using chainlink services. I’m not criticizing chainlink for some tepid marketing either, simply pointing out it’s ultimately a side goal and not necessary for the success of the network.

>> No.53811677

>>53811664
>Exactly but they don’t need to know they’re using chainlink services
In certain cases no, in a lot of other cases they do.

>> No.53811702

>>53811623
I remember a couple years ago we did a voting bracket for most popular coins and Link lost out to Bitcoin and Monero. They spent weeks coping over it, spamming the board with false brackets where they won. Truly pathetic.

>> No.53811729

The fact this thread exists makes me oddly bullish on chainlink and ive never owned it in my life

>> No.53811765

>>53811677
Checked but what cases are those that they do? Ideally they wouldn’t need to know for most if not all cases, one of the major hurdles to crypto adoption right now is abstracting the complexities away of even relatively simple tasks like self custody. If chainlink solves this with DECO and everyone uses chainlink brand wallets, great! If ledger or trezor or whoever simply adopt the technology and use the link network, it’s nearly as good, and potentially better since you get the same network effect without having to spend the money to market and produce your own wallet.

>> No.53811770

>>53811729
>immediately proves my point that "false flag" FUD threads are actually thinly veiled shill threads
I cannot thank you enough for this anon.

>> No.53811812

>>53811770
Being contrarian for contrarians sake isn’t enough, if you aren’t thinking at least 4 layers deep of irony you have to unironically lurk moar.

>> No.53811845

>>53811321
No he wasn’t. Pretty easy to verify yourself…

>> No.53811865

>>53811812
hence why you fell for the
>chainlink is a meme is a meme, meme

>> No.53811884

>>53811812
>Being contrarian for contrarians sake
You just described 95% of /biz/

>> No.53811984

>>53811865
The point is you have no idea how many levels of irony there is, not that you can predict it exactly and know, the most telltale sign of a midwit is overconfidence he knows that which is unknowable.

>> No.53812013

>>53811984
They're on 1 at most, while pretending there's more depth to it, because they're smarter than they think they are. Anyone who uses the phrase "layers of irony" is unironically a moron.

>> No.53812039

>>53812013
*because they think they're smarter than they are.

>> No.53812160

>>53811984
>"There are unknown unknowns"
Oh trust me, I know a scam when I see one lel.
By all means I encourage you to keep arguing with shills about how will shittok zoom zoom mainstream shilling will serve the long term goals of the "God Protocol", which is supposed to be a white-label, back-end, kingmade product primarily focusing on eliminating trust and introducing automation to the derivatives industry.
tl;dr kool-aid is good for you, keep drinking it

>> No.53812771

>>53809898
If you can provide the price of highly volatile assets using a decentralized system that is provable and true, then you can also use the same system for any kind of arbitrary data. Of course, that data can be gamed if the value of it is sufficiently high, but now we introduce a staking mechanism, you put your money where your mouth is and if you’re wrong you lose your cheddar. Oh yeah, you can only stake in one currency and there’s only 1B in existence and that same currency is used to pay for that arbitrary data. TADA, you’re now wealthy.

>> No.53813493

>>53810409
>he thinks 10 years is a long time
hi zoomer

>> No.53813515

>>53810808
>there was no FUD
>ok there was FUD but nobody believed it
keep back pedaling bro

>> No.53813524

>>53812160
>trust me, i spend my entire life in Link threads, yet think it's useless and have no intention of buying it
>i expect at least a few people to believe me, so it's probably worth it
Oh, brother.

>> No.53814762

I wouldn't make a thread like this unless I held Link.

>> No.53814948

>>53811623
This is some good fud