Shill me this without resorting to muh partnerships and secret connections. Why is it useful? No token burn means price increase is only based on demand. And 2/3 of supply isn't even on the market.
Shill me this without resorting to muh partnerships and secret connections. Why is it useful...
Landon Ramirez
Other urls found in this thread:
pivotaltracker.com
twitter.com
Ryder Campbell
It’s a literal scam, don’t waste your time. It’s something boardmembers do to trick newcomers.
Funny enough, I think some people who were newcomers a few months ago actually believe it to be for real and haven’t caught on yet.
Caleb Gonzalez
>make a smart contract
>can only do a ponzi dApp due to no access to offchain data
There you fucking go
Isaac Bell
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.
Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.
Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.
The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.
In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team
Juan Green
DYOR, nobody here gives a shit if you spend your allowance money on link
Christian Wilson
Just found this place and I'm amazed at how much support for Sergey Nazarov you guys are showing. Let me tell you guys a story. I think you'll appreciate it.
You may not know this, but Sergey is actually a pretty decent golfer. I remember last year attending an event at the American Cup. I was part of his crew at the range and let me tell you, we were in Awe when he whacked a ball 572 yards. It was incredible.
What's even crazier is what happened next. Tiger actually walked up with a bucket of balls, apparently getting ready for his comeback at the Masters. Sergey looked at Tiger and said "Man that's all you ever do is practice. Practice, practice, practice." Tiger looked at him and said "Well if I had your talent Nazarov I wouldn't have to practice so much."
Crazy
Joseph Thompson
buzzword-filled kremlin scheme controlled by whales (like literally anything under 50c) being shilled by the same putin spambots that put all that nazi shit on Jow Forums
enjoy getting dumped fucking HARD like the venfags and then blame it on the jews like the retarded little pissbaby fascists you are. i will be waiting to point and laugh
Asher Anderson
You can buy it OP. It won't make you rich and there's high probability that you'll lose your money. But this shitcoin isn't necessarily much worse than 99% of other scammy shitcoins on the market. So, if you decided to lose your money you might as well lose it with link. Just don't listen to delusional shills on Jow Forums and don't get your hopes too high. Consider it gambling, like if you went to a casino. That way you won't turn into a Pink Wojak if you lose your $$ (which is almost certain), and if you actually make some money it will be a nice unexpected surprise.
Dylan Parker
This could turn out to be very, very accurate.
Lucas Long
Token burn is coming with req partnership, link saw how well it worked for them
Julian Wilson
Its consistent top 100 coin on cmc and over the last week or two has moved up to 66.
Jackson Adams
why does the chainlink research thread keep getting deleted???
Parker Price
>Muh token burn
Kek
Joshua Carter
>No token burn means price increase is only based on demand.
Protip: even with a token burn, price is only based on demand as well.
The price of literally everything is based on supply and demand.
Also, gold, land, securities, stocks, ... don't "burn" either, yet they represent much of the world's wealth and have been gaining in value since forever.
Someone has taken advantage of your relative ignorance on economic matters, and bamboozled you into thinking "burning" tokens is somehow key (or even important) to token value.
Brandon Hernandez
I could argue gold burns in a sense, when it becomes jewelery, etc it gets taken off the market. Land is valuable as the worlds population increases.
LINK is more like a rewards token for node operators than something with inherent value in itself.
Truth is I have a small stack of stinks but don't see the huge value in the token that people here claim.
Andrew Fisher
reminder that these conspiracy theorists believe that the 20 people who shitpost on Jow Forums are buying millions of dollars worth of chainlink
Benjamin Ward
t. chelyabinsk damage control gang
maybe when they dump and cash out they'll give you the bonus they promised for shilling. LOL
Michael Williams
Companies use their own nodes there will be 0.0 neets making money off running nodes
Kayden Perry
explain this, bigots
Nathaniel Perry
>muh wall of text
explain it yourself mr. krayevsky
Leo Clark
Has crypto become a giant joke?
My answer via a story:
A wannabe butter monk messaged his Master about an altcoin he wanted to buy. The Master told him it was fated to moon. "It's only $0.10 per coin." "Buy me 1000 coins," replied the wannabe.
The following day, the coin was at $0.20. Seeing this, the monk texted his master and told him to buy him 5000 more coins. The day after the monk checked his exchange and the coin was at $0.40. Eager to contact his master, he told him to buy 10,000 more coins.
Checking online the following day the monk now saw the coin was valued at $0.90. Thinking what a windfall profit he had made in just a few days, the monk raced to see his master and told him, "Sell all my coins!"
"To whom?" the master replied. "You were the only one buying that coin."
And thus the butter monk was enlightened.
John Wilson
Hi guys, long time no see, how's it going?
Do you really believe the effort could be worth it? Nobody is going to understand it, it's not going to be good, it's going to be frustrating, it's going to be shit. If only you had money, but you don't have it. In addition, friends buttrape you with their own ideas and in the end they fuck everything. It's better to live in constant agony and resign yourself to the worship of death, there's no colour.
This is my advice, if your own curiosity is trying to guide you towards attempting something, run as fast as you can in the opposite direction my dudes. Also, it's better to criticize the effort of others while you're playing with your balls. What others do is always shit and/or a LARP. It's good to criticize and argue until someone manages to find a precise algorithmic solution that suits you for all eternity friends, because it's free and doesn't compromise.
William Flores
>I could argue gold burns in a sense, when it becomes jewelery
Then tokens burn when they're in use.
That's not what "burning" means, it means disappearing and actually reducing the supply in a transparent manner.
>Land is valuable as the worlds population increases.
There's tons of useless/undesirable land in the world that decreases in value too.
The point is that something does not need to be "burnt" to gain value. Burning shit is a very artificial way of increasing demand.
This is a completely bunk way of thinking that goes against the very basis of economics.
Jacob Ross
what
Jacob Bennett
multi-dimensional layered cryptic fud
$2500 EOY
Lucas Kelly
The magic word is 'collateral'
LINK reduces the cost and complexity of two parties that dont trust each in a large financial transaction. The parameters that would trigger a payout are checked by third party (CL nodes).
To ensure complete trust in the system these third parties need to collateralise (ie stake) the equivalent amount of USD value in the system as the contract they are servicing. This is to protect the parties in the contract if bad data is served.
So... you have contracts worth 1 billion on the line using LINK, then the value of link staked in the system should be 1 billion.
Isaac Richardson
Nobody said it needed burning to gain value, the point is that there is nothing to connect high usage to high price. The token is only there for node operators. Take USD for example, people can pay with it all day long, but it's all going in a circle.
I find this much more convincing as an argument. I could at least see companies holding large amounts for security reasons.
Blake Nelson
post of the day
Nicholas Lee
>Nobody said it needed burning to gain value
What the fuck?
Here's you in the OP: "No token burn means price increase is only based on demand."
That's like saying "this car doesn't eat roof tiles so it can only run on fuel".
"Burning" assets is a very alien way of making the asset go up in value; it has nothing to do with economic principle and virtually zero precedent. In fact, it's borderline scammy.
Yet here you are implying that "burning" tokens is somehow a premier mechanic for token value increase.
Dominic Price
Link's so good people from dimensions are investing
Jose Jackson
100k ethereum from an ico that rushed a white paper out the day before pre-sale opened
pre-sale was a failure and way more tokens were sold than should have been. crowdsale was also a failure and the dev team had to manually refund all contributors who got in after the cap. no smart contract for the ico? ironic.
almost zero communication from the team. sergey promised regular updates but fails to do this more than once every six months.
registered in the cayman islands.
unsubstantiated rumors and bullshit partnerships based on nothing more than someone mentioning "smart contracts" and it being used by pajeets to shill as a hidden connection. someone looking at github means partnership. Twitter follow means partnership... a whole bunch of delusional bullshit
it's a nice social experiment and I enjoy watching it unfold
Jonathan Powell
I fucking hate you retarded newfags
1000$ EOY
Dominic Clark
>I find this much more convincing as an argument
Yeah. Replace 'staking' with 'collateralize' and it becomes much easier to undertand.
Now look at the value of transactions based on LIBOR rates and how LINK network would prevent the LIBOR rate scandal that happened a few years ago. Thats why the 1000 EOY meme may not be a meme afterall.
Wyatt Williams
>the dev team had to manually refund all contributors who got in after the cap
>no smart contract
lmao
Everyone who believes this deserves to sell and miss the boat.
Logan Cox
Thanks, I knew it was a meme but I never heard the full story why. Good summary user.