It is obvious. It is the final piece of the puzzle that will usher in the blockchain revolution. It is that which finally brings external data to blockchains.
And yet it crashes. Why?
It is obvious. It is the final piece of the puzzle that will usher in the blockchain revolution. It is that which finally brings external data to blockchains.
And yet it crashes. Why?
Because its not complete yet.
Because most of the people buying and selling it know nothing about it.
checked. because in its current form it cannot be used for derivatives or anything important. without reputation and staking its basically just another centralized oracle. also, smart contracts are a long way from mainstream adoption. I'm still holding a fair amount but not expecting the real moon mission to start until end of this year or later. in the meantime I'm chasing pumps like Harmony so I can buy more linkies for $.50 later in the year.
because it's 200 lines of code that anyone can create
have you ever stopped to think that maybe youre actually deluded and brainwashed by years of coming here and worshipping link/sergey?
the ETH foundation has less than 1% of the supply and spent all the ICO money (16mil raised) hiring 100 devs to complete Ethereum within 1 year.
Sergey holds 65% of the supply and hired 3 devs with a 32mil dollar ICO.
maybe one day you'll realise that the vast majority of the projects that began after 2016 are ran by people exploiting the masses (you and most of biz) of dumfucks running after the crypto craze in hopes of getting rich like the actual early adopters did
equally possible and both likely unless you did YOR, then the picture is crystal clear
because it's a scam. Look at how it's virtually unknown outside of this hell hole.
Has anyone noticed how Chainlink is only partnered with "Academic" endeavors like OpenLaw and Accord (aside from a proof of concept). Do you really think a bunch of multibillion dollar tech companies wouldn't be chomping at the bit to get this tech? Do you really think they wouldn't have horded tokens long ago if this platform was SO necessary and needed?
Because everything is tied to BTC still, and because the team waited to release a thorough and working product to mainnet instead of half assing it like so many others in crypto do. This is still incredibly early to the party.
DYOR = believing in things like:
>the literal who microsoft MVP has real connections to microsoft (even thought hes not part of microsoft at all) and its not just some fucking dude that runs around promoting microsoft products
>the AXA guy is deeply interested in chainlink because he heard a presentation by sergey, even though he probably attends these types of meetings hundreds of times throughout the year, listening to hundreds of presentations
>chainlink is working with swift because sergey said so
What gives a Link token its value?
If it's not a shitcoin based exclusively on hype pumps then it has to rely on major adoption
>Let us disclose our crypto blockfolio tiger mommy so no CEO
Eoy derivatives and insurance will be on it, Swift will be on it for psd2 compliance smart contract adoption begins Eoy 100-200 dollars per link . Withe the recession in full swing for January 2020 link is a strong choice to wealth selling at least 1k or 2k in 2020 to invest in other assets then waiting until 2021 to sell another 1k and put in other assets then sell 1k in 2025 at 1600-3000 depending on smart contract adoption
Only speculators are buying now.
Trucking companies dont stock up on fuel when its cheap, they just buy it when they need and pass the costs on to the customers. Businesses will do the same.
If LINK is 1, 10, 100 or $1000 per token, the costs to use will still be the same.
18 decimals...
one month ago we worth .50 cents. we are still bullish just hold
Manipulation, drive down price and create sell off by weakhanded Hodlers. They want as much Link back as possible before price goes vertical. Anybody in this that sells before eoy 2019 is a brainlet.
Some people had insane hopes for the mainnet launch and the blogpost. And when no SWIFT, M$, Jewbook and no insurance and derivatives on mainnet from the start, it crashed a bit. After that it has been pretty stable in USD and bled slow in BTC. Amd now that BTC took a dump it went down with it. Don't worry, buy more.
This
>no insurance and derivatives on mainnet from the start
I refuse to believe there are anons that actually thought big suits would be on board from the very beginning.
jesus you're dumb
yeah people are going to trust rando "node operators" and pay them for the privilege when they could set up their own
smart contracts will never be used because it requires payouts to be locked up until released. no one will ever accept the opportunity cost. no one wants an immutable system, which is why society developed courts to claw back such things.
People said the same thing about the internet as well user. Smart contracts will be utilized, the idea is too widespread and useful to not be.
smart contracts already exist for years retard and they dont need to be decentralized
Sergey is a fat McDonald's eating alcoholic. Have fun holding your stinky linky bags
people are too dumb to understand it and also they are greedy
>linky lecturing about greed when they are the ones talking about 100x + returns everyday.
>calling others dumb when in reality hes the one who is too retarded to understand that smart contracts do not need to be decentralized at all.
oh the irony. i take great pleasure in knowing that financial ruin is your unavoidable destiny
With the amount redditors and nulinkers in the past couple of months and given that Jow Forums has it's fair share of deluded dreamers I seriously think that is very realistic possibility.
How does a permissioned blockchain interact with other blockchains/platforms?
>Link rises in price
>GUYS WE'RE ALL GOING TO BE MILLIONAIRES
>Link falls in price
>LOOOL LINKYPOOPIES BTFO
>I AM FINANCIALLY RUINED
>Link rises in price
>GUYS WE'RE ALL GOING TO BE MILLIONAIRES
...
etc.
The wojak index has been very low for link this past year. We're gonna make it, in the end.
Guys he's starting to get it
lol KYC
ahahahaha
who bother holding when this thing is gonna hit 40 cents before it hits 1.50 again
take some profit now!
this is how i trade
>Link rises in price
>GUYS WE'RE ALL GOING TO BE MILLIONAIRES
SELL
>Link falls in price
>LOOOL LINKYPOOPIES BTFO
BUYYY
>I AM FINANCIALLY RUINED
>Link rises in price
SELL
>GUYS WE'RE ALL GOING TO BE MILLIONAIRES
its not that hard. you noobs i have been playing since 2017
checked
>Has anyone noticed how Chainlink is only partnered with "Academic" endeavors like OpenLaw and Accord (aside from a proof of concept).
Yes good point. I actually applied to RocketLawyer University but my SAT scores were too low.
I didn't personally but I will admit their insane hype prevented me from swinging the top of that big pump like I wanted to. I still managed to swing around $1.11 though so I made some solid gains.
It's a fucking API call lmao
Because it infact doesn't do anything and serves no purpose dumb fuck. It's an over extended ICO scam
>in the meantime I'm chasing pumps like Harmony so I can buy more linkies for $.50 later in the year.
Smart move. I'm glad I sold most of my link above $1.2. I've fallen for so many "great" project memes before. Not this time.
Because perceived value/price is relative to price action: It looks like a bargain trading at .80 cents; spurs new investors.
Regardless, LINK will make new ATHs and swing linkers will be bragging how they bought back the "massive dip" to 1.50 from 5 bucks come late summer/autumn.