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

/biz/ - Business & Finance


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11448461 No.11448461 [Reply] [Original]

>He opted to hold instead

How are those Big Macs, stinky linkies?

>> No.11448475

>>11448461
How sad is your life? Investing so much time into something you don’t care about?

>> No.11448489

>>11448475
Took me 10 seconds to post that shitlord. I had a great day. Sold some puts and made real money. How's LINK?

>> No.11448578

>>11448461
This.
Chainlink will be worth somewhere between dog shit and a pile of garbage eventually - oldfag knows what he's talking about every single thread and has been right the whole time. I'm sick of seeing people shill this garbage and pretending that meme companies like factom or towncrier would be relevant in any way, and their sgx enclave solution is trash compared to what eng has.
1k suicides eoy

>> No.11448605

>>11448461
>being a chink

>> No.11448635

>>11448578
They know it. Despite all of the bullshit

>Dubs in every thread
>Nobody companies announcing they'll use a product not even in main net
>Relying on global powerhouses to use a shitty 20 cent token
>ICO'd without a smart contract or a working product for $32 million
>Nobody listed on their website even knows what it is

All of these facts and the price being under a medium fry and mcrib and people still believe the pajeets that it'll somehow not only pass $1, it will get to $5, $10, $25.

Somehow, a small group of bagholders make daily threads with memes like

>it's too late to accumulate
>binance has low supply

and it's not even 50 cents. You idiots think somehow, it will get to one thousand dollars a token, with a billion supply, because of a product no one needs.

>> No.11448651

>>11448635
Is the mcrib back?

>> No.11448652

>>11448635
Lol

>> No.11448665

>>11448578
Oh one more thing, that pathetic rebrand to try and appear more "serious", the meme cube was at least respectable. They go with a generic POS logo that doesn't even distinguish them from any other nobody company. My source says that the programmers hated that one. But their retirements got paid for by some neets buying useless tokens so that makes them feel better, especially Dimitri

>> No.11448747

Most old heads either cashed out or invest in legitimate projects. The only people that care about this erc token exist on this board. Any legit investor will look at this and see it’s irrelevant and unrealistic to increase in value

I think that’s why it never went 50x in December

>> No.11448750

>>11448665
I must not be part of the meme team, but if we're gonna be a consortium of LINK moguls I do have some information that I think is super valuable that no one's thought of on either side of the wall.

What's the discord/telegram/signal/matrix/irc/email/penpal so I can act accordingly moving forward?

Also don't worry about this post no one's gonna see it, just hit me with a reply at 10 minute mail,

g2921767@nwytg.net

Thanks fellow marine.

>> No.11448789

>>11448750
Link moguls kek

>> No.11448873

>>11448750
Sent

>> No.11449138

>>11448873
wayy late I typed up the wall of text, but I'll give you one more chance though in the interest of fairness.

g2941559@nwytg.net

Seriously though, 10 mins from now at 11:15pm it expires and if I don't hear from someone, I will dump a wall of text and sentiment in here.

>> No.11449166
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11449166

Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life. Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night. Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over. Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology. Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over. Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY. This is a 4chan meme to siphon money out of the hands of the already vulnerable.

>> No.11449278

>>11448489
10 seconds? But you do it everyday, 30 times a day. It’s an obsession for you. Here’s a hint. You won’t shake out real Marines. You’re best doing this on plebbit.

>> No.11449290

>>11449138
Where's the wall of text and sentiment lmao

>> No.11449295

>>11449290
So here comes the wall of text I promised...

As general advice for everyone with LINK... when mainnet launches, people will dump their coins they get from being node operators. This is a real concern. It's going to destroy the price the same way a company issuing new shares does. It is what it is, and this is a weakness of the "token sale" coming back to haunt us. Seriously though-- it will dump and you can't do anything about it.

This coin should be worth nothing according to fudders. But when there's 0 link for sale under $10, someone's going to have to pay $10 or decide to not use a decentralized, trustless oracle solution when they have already sunk innumerable hours into adapters for this technology... They will.

Full disclosure: The company I currently work for relies heavily on sunk cost fallacy and it has not failed us in 2 decades..

I could talk a bunch about this, but that's probably reserved for AFTER main net launch.

>> No.11449296

>>11449278
if it's known that biz is the place where most link holders congregate or at least casually check in a few times a week, this would be ground zero for FUD. If Link works and is worth a lot of money, investors will want and do anything to try and get the biz kids to sell right now.

>> No.11449301

>>11449295

I recommend holding it. You should also stake the coins you're getting now. That way you'll be above the people who decided to wait until main net with nothing in their wallets, hoping for an easy payday.

My intention is to work on software that will be part of the brick and mortar solution for bringing clients on board. There are real problems with LINK and a lot of that CAN BE SOLVED by the community of developers and our ability to code solutions to them. They are actually really easy problems to solve too, it's just that no one's thought of them so no solutions have been created/implemented. This is where I intend to make my capital. Overall, the tech seems solid folks.

I've posted on here before with bullish sentiment under different tripcodes.

This is literally your last chance to be a major player in the last game that crypto can EVER have available. Once this takes off, it doesn't matter what coin you invest in. There will be a chainlink adapter for it. If you missed investing in AAPL when iPhones came out, if you missed investing in GOOG when android was launched, if you missed the 100x moon missions of BTC, this is literally it. It may not 100x, but my guess is that it will be worth more than 0.4 USD in less than a year.

Thanks for reading, I hope we all make it, and I will continue to accrue lots of LINK, per paycheck, while it's under $2.

Anyone with any sense will understand what problems this market space has, and how we can solve them using the marketspace itself.

>> No.11449304

>>11449295
you really think there will be a massive amount of LINK generated instantly by the launch of main net? Are you fucking retarded?

>> No.11449308

>>11449304
Explain to me why they won't seed nodes.

>> No.11449318

>>11449308
35% ICO, 35% to "fund development" and 30% left for institutional investors/paying staff.

Am I wrong? I thought that was the breakdown.

>> No.11449334

We are all in this together.
Nobody leaves this boat alife

>> No.11449362

>>11449301
What are the problems with link?

>> No.11449371

>>11449318
The rub here is that there are definitely people who are larping for the nodes and then will just dump on community when main net launches. If you haven't realized this, you're off to a rocky start.

Though to be fair, I can't recall the exact wording of their agreement with the community.

In the end it doesn't even matter (.jpg)-- create nodes, buy now, hold through Ropsten and when main net launches stake real tokens. This project is one of the best in the crypto space since ARK. Which you shouldn't compare this to. ARK and smart bridges made people fortunes, but the technology fell flat.

Chainlink is eth compliant out of the box, asking nothing of the devs of other tokens, just that someone build an adapter and it "just werks"

You'd be stupid not to be in this.

>> No.11449506

>>11449362
Main issues I see:
> I'm an NPC with a lot of liquid capital and haven't had a unique thought in years, how do I buy LINK?
The solution I'm working on should solve this. I won't go into details, but anyone with an INT score above 13 can figure it out. Execution is everything.

> Why would I, as a bank, want to use LINK?
This is clearly a marketing issue. Anyone who knows LINK knows... Oh wait, no banks know LINK. To be compliant in the EU? Everyone knows that's not enforceable except for the biggest few companies. So why would some eastern bloc Moldovan bank want to use LINK? It might be that they have an agreement with a third party on loan fund settlement, or they are creating an easier way to pay loans (think Stripe) for the common person rather than logging into a proprietary portal. The easier they make it the more likely they are to see returns instead of defaults.

> I'm not technical, how do I set up a node?
I'm going to be actively working on scripted solutions for AWS, DO, Linode, debian, and raspbian once I get the time. If these aren't already done, then not only has the team failed to see a major problem with single point of failure (protip: they did because the only articles out are how to set it up on AWS for noobs) but they're banking on a single publicly traded company for a distributed solution. allofmywut.jpg. The point is DISTRIBUTED.


I haven't addressed these with the team because I refuse to sign up for a reddit account. It's against my principals. But more importantly because I see these as spaces that I could expand into and create API/scripted solutions for non-technical folks that I can then leverage to make tons of LINK off of.

There are tons more problems like this, but these are the major issues I see from a developer standpoint at this time.

>> No.11449543 [DELETED] 

>>11449506
hey if you screencap / repost this... just refer to me as "Hero". Here's a tripfag code to validate against later.

>> No.11449564

>>11449506
Regardless, I hope you recognize me from my writing style later when we're in the top 5 coin on CMC, I have no idea how to tripfag so it is what it is.
Good luck. See you on the other side of 1m USD.

>> No.11449581

>>11449506
You can reach out to the team in their official slack or telegram and also it doesn't seem like you're aware of fiatrelay or link's connection with swift.

>> No.11449803
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11449803

>>11449371
Thanks for your analysis m8, actually made me challenge my investment.

I think it's important to realize just how little information has spread to the wider community / last world. We're in this tiny bubble on a small section of the internet (believe it or not) that deliberately nullifies any outside information to get out (since 0 marketing).

Once random business execs see the potential in Smart Contracts.... roughly late 2020(runs in combination with the current timeline given by SWIFT etc) .... the value of LINK will begin to snowball - you must remind yourself this wasn't an investment you hold you a month, remember why you held it in the first place and envision the API economy for the future.

Your theory that people will dump the tokens they gain from running a node is very hard to fathom - this ones again runs along a snowballing amount of eyes wanting a piece of this network that operates in scarcity. There's currently 100 billion floating loose in the Crypto world waiting for the golden project that actually makes sense of this weird world.

It's generation 3, people know there's something here but are just waiting for the light to shine in their face,

>> No.11449829

>>11449506
Ok I just realized what I wrote was a high drivel that made no sense.

I'd just like to summarize you underestimate just how many eyes will be all over this in a few years. They're so fucking far ahead of everyone. They have so much banking on them. They will save people billions of fucking dollars. Do you really think they'd give up that offer? We're in the "public knowledge" mindset, we truly have no idea what happens in the high level SWIFT board rooms.

>> No.11449846

>>11449829
You must be high as fuck

>> No.11449852

>>11449846
You guys arent?

>> No.11449870
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11449870

>> No.11449873

>>11449829
While you're probably right, I don't want to overestimate the impact this project has.

Our guy has been making advances in the business space, but we're not sure on mainstream adoption so I tend toward the pessimistic estimates.

>> No.11449922

>>11449873
I am gonna be 100% honest because I am not 100% sober.

We all thought 0x or Stellar was gonna be the coin of the future, but none of them solved inflation. Futhermore, none of them have value in the real world

Having worked with those types of business, the reason I say 5+ years is because that's a reasonable estimate from my perspective.

This isn't a short term project and if you're in it for that, please sell the ATH so I can accumulate :P

>> No.11449935

>>11449870
A permanent reminder of the time you lost all your money

nice

>> No.11449936
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11449936

>>11448635
thanks just bought 100k

>> No.11449948

>>11449506
>no banks know LINK
Brainlets and newfags actually believe this

>> No.11449952

>>11449564
>I've posted on here before with bullish sentiment under different tripcodes
>I have no idea how to tripfag so it is what it is

>> No.11449970

Uncle Oldfag is probably a salty bear who got liquidated..

>> No.11449978

>>11448635
So is the mcrib back or not?

>> No.11450006
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11450006

>>11448461
>2018
>Not owning over 10000 links
>Thinks he is going to make it