Should I dump this? I can't see how it won't get lower so it's essentially like throwing money into a furnace

I’ve noticed a lot of new posters in the last 48hr asking about Chainlink and just wanted to warn you. Chainlink is shilled HEAVILY here and it’s very hard to understand so this background is crucial to ensure you stay safe.

Basically, a 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.

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, 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.

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.

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FUCKING DUMP AND CRASH IT FOR FUCKS SAKE I NEED TO BUY MORE

HODL

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Link lost the first mover advantage as an Oracle solution, and now there are several contending projects that do the same thing or more, faster and better and without being ponzi schemes(nodes).

It's going to dump and I really hope these faggot spammers kill themselves when they miss a second bull run (already have) by holding this garbage.

And you would be way better off holding chainlink since then compared to any other coin. This is quite the opposite of harming you brainless idiot rofl

Name them.

i can NOT see how it will NOT go lower. Learn to english brah

cope

Komodo, Rhombus, Iota Qubic, Mobius

One or more of those will succeed, while nobody in the Chainlink team can write an error free sentence. (I wonder why we don't get the audit results).

None of which have Towncrier. The future is Link, they will bend the knee.

nope

>35 million link tokens.

all these impatient losers who sell are going to neck themselves in the near future

There's like a 5% chance LINK takes off, relax bro you're fucking gambling with a high risk speculative play.

cope

its fucking 2 years, why are we impatient?

Please sell. Thanks.

This Coin has been fairly stable even if it crashes to 10c I'm only at like a 50% loss lol

>bull market starting to show it's first signs
>WAHH MOMEE IT DIDNT 100x YET IM GONNA SELL AND BUY MY GAMING PC

we going to miss out the bull run again