Can someone explain to me what is this chainlink? and why it got 90% in 24hrs?

not a coin. no blockchain. shut the fuck up, newfag.

PnD shitcoin.

This

Chainlink is a gay sex organisation. Many men linked by dick and anus.

Chainlink IS reddit.

did all the ogs left or something?
has this board become reddit 2.0?

Unironically only newfags taking this bait

yep

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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 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 partnerships came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during the recent bull market lots of anons and took advantage of this and fudded this coin to all the late money and newfags that bought inJanuary 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, which is close now.

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.

1B valuation on an ethereum token that can only fetch the price of ethereum created by a founder who refuses to change his shirt

Its a JSON parser that is meant to use the ETH blockchain to facilitate smart contracts. Its a good idea, but the codebase is shit and the fundamentals can be replicated elsewhere by professionals. It stays afloat because everyone else in the FOSS community is too retarded or too lazy to implement improvements.
tl;dr- dump your paycheck into LINK right now before its too late.

FUD

The website sums it up well: "Give your smart contract provably secure access to data feeds, APIs and payments."

It gives smart contracts running on Ethereum the ability to operate using data that isn't exclusively on the blockchain. There are tons of possibilities here. Payment processors like Visa and banks, data about sports games for betting etc.

The big news was Google adding integration with BigQuery which will give smart contracts the ability to query tons of different data that Google has. Then it was added to coinbase and the FOMO went crazy.

>normie meme
HAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHH
Anons look at this normie

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The saying that every chain is as strong as its weakest link so it's a game like the patented formula on TV but in a new version where the weakest link is told you are the weakest link. Goodbye!

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 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 Etherum hit. Happy gambling though anons

this

Unironically some user named Assblaster made me buy link, made 100k lmao

If not 1k, then what will Link reach?

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