RED PILL ME ON CHAINLINK PLEASE. Hi there, Jow Forums, Jow Forums user here. Im a 3D designer, and a year and a half ago I started mining using my rendering cards for it. I've amassed a decent amount of shitcoins (Ravencoin, Zelcash, etc), and I'm just keeping them for the future, tho it looks like it was a waste of timeand electricity.
I keep coming to Jow Forums regularly to be updated, and I'd like to request some help regarding the purchase of Chainlink, since there is so much discussion in the board about it. Can you help a bro out and redpill me a bit, in favour and against this coin? Are all this threads just shilling, or is it really the coin that will get us lambos? Regards, and thanks in advance.
I know fren, I do my best, actually spend a lot of time DMOR.
But I can use a helping hand anyway.
Caleb Collins
You see constant threads here discussing it non-stop, yet feel entitled to be personally spoon fed an enlightened opinion. You are LITERALLY never going to make it user.
Caleb Wilson
Don't buy. It's a typical Jow Forums meme-troll-scam. Bet you would delete System32 on windows if Jow Forums told you.
go back to pol basedboy. Link is too complicated to understand. Life's short and spend your time with your loved ones.
Xavier Green
Appreciate the concern bro. I'm just a 3D designer with no idea of code or technical knowledge of crypto, but I sure want financial freedom and I'm willing to dedicate the time and the effort.
Gavin James
Apparently not dedicated enough.
Sebastian Nelson
if you buy chainlin you get chinese woman like that yes
Ryan Lee
Put everything you have in Link. Sell your home your car, everything. and buy Link.
Blockchains can't connect to real world data. Chainlink connects blockchain to real world data. Do you understand how important this is?
Elijah Davis
Basically it's what we call a "soft exitscam". It's a scam where you first raise a lot of money. Then you go silent and make it seem like you are doing a lot of work. Then you attend some conferences by just paying for the stage time. About $800-$5000 depending on the conference. Now you need some volatility in your token to trade it and make additional money on it. You don't just start straight out shilling on twitter from your companies account. You create fake users on reddit and post some "breadcrumbs" about your token that you discovered. You also post on Jow Forums as well. It's very easy to shill here since there are no accounts. Then you trade the pump and dump. Then you go silent again for "work". And basically you repeat the process, conferences, pump, dump, silent, conferences, pump... etc.
This is the redpill that most anons don't want to swallow. This is the reality. Now I'm not saying you can't profit from LINK. You can, by swingtrading it. Just be safe ou there user. Don't lose your money.
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. Jow Forums 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 high 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 Ethereum hit. Happy gambling though anons.
You don't want your high-finance smart contracts being backed by oracles that aren't absolutely IMPERVIOUS to failure.
Aaron Clark
I dislike chainlink but I really like gooks. How do I reconcile with myself.
Brandon Cook
suicide
Nolan Bennett
Oracles are just one of the futures of cryptocurrency, chainlink may not be the best oracle that will come out in the decade or so but it's the first which I ultimately believe will make chainlink grow. This is obviously a bastardized explanation of oracles but I don't have enough time to explain and you can do your own research.
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 (unironically pic related), 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 the alt bear market lots of anons took advantage of this and fudding this coin to all the late money and newfags that bought 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.
