Ethereum was 15 dollars when it was Chainlinks Marketcap. Then it went to 1,400 in less than a year

Ethereum was 15 dollars when it was Chainlinks Marketcap. Then it went to 1,400 in less than a year.

LINK is LITERALLY the next ETH

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No its the next vechain

I'm a developer and I looked over the Chainlink white paper and documentation, as well as the blog post by Google. Here's a few reasons I would not use Chainlink for my own apps:

The current "mainnet" is not decentralized. there's no way to decentrally assess if an oracle is any good or not.
It took them 2 years to basically build centralized oracles, which is extremely unimpressive (and already exists). I do not have much hope for the future or the competency of their engineers.
The white paper doesn't coherently describe how they plan on making their centralized design decentralized one day. They broadly go over their "decentralized" reputation strategies as if creating sybil resistant decentralized reputation is something of an afterthought, when it's actually an unsolved computer science problem. They've had 2-3 years and 30mil in funding to actually publish technical specifications for this and instead they decided to build trivial centralized oracles. Extremely worrying. It kind of reminds me of IOTA "we'll remove the coordinator later". No you won't. You don't know how.

News outlet and journalists keep reporting on "partnerships" with Google and Swift. But if you actually read the source for the "partnership", it's just a blog post by Google Cloud that promotes their own service (BigQuery) and shows an example about how Chainlink users can use Google Cloud if they want. In no way is Google partnered or planning on using Chainlink themselves. The Chainlink codebase is extremely trivial to rebuild if Google wanted to get into the blockchain oracle space.

While there's certainly profits to be made by trading Chainlink, I recommend you do not HODL it with the hope that one day developers will adopt it as their source for decentralized oracles. That certainly won't happen.

Eth went up because there was an actual demand for it aka Ico craze. Chainlink is never going to 1k be happy with 20 bucks

$310 will be the top cap this

eth didnt have the google/microsoft endorsement/partnership right at the start of the golden bull. plus, 2017 was the First Sell Off. The big moon is coming

so why are the owners dumping right now ??? dumb nigger cant even think properly anymore????

dumping it upward is fine by me

This pasta is stale

Major difference being eth was getting tons of use every single day. There is pretty much zero happening on the actual chainlink network right now, its not going to explode like eth did

>golden bull about to begin
>major partnerships for chainlink
>everyday news coming out with proejct says they've integrated chainlink

sure kid

Here's the difference. ETH's moon was heavily exacerbated by people buying ETH to buy ICOs, who then (as most were scams) then sold their free ETH and let it dump from $1k to $80.
There isn't the same sell pressure for LINK. There is only increasing demand as more and more node operators come on line, and even as that reaches an approximate stasis, each node operator will still want more LINK so they have more collateral. The pump incentives in LINK are a lot stronger than ETH and the dump incentives are a lot weaker.

Name one fucking smart contract using link as an oracle, because back when eth was gaining popularity I could have named 20 major projects on eth off the top of my head

Which basically proves $1k eoy is FUD

People saying link isn't going to have use are xrp fags

Guess you just shouldn't buy then, dude. No need to get upset about it.

Link is love. Link is life.

>only has 100x left in the tank
fud

This. We won’t do an eth, well do a slow climb to 10k over the next 5 years

just the barrage of coming announcements alone during a bull run will pump it to insane levels. every week you'll hear a new project integrating chainlink

THIS. But also no ICO craze so I suspect $100-$500.

>at the start of the golden bull
user, they've had these guys in the bag before the ICO.
>zero happening on the network
maybe. let's just say that once this network is fully up and running, it will already be too late.

You guys don't get it. Chainlink can't facilitate anything worth a fuck because its ran on top of ETH. ETH literally got molested by cats a couple years ago and hasn't recovered since.

that's not how it works. keep researching. please, i don't want you to get left behind. if you ask politely maybe i'll give you some vip info. i'm legit starting to feel bad for some of you newfags.

>transactions at ATH
Ummm, you’re gravely mistaken bitfag

Chainlink has time travelers. How could anyone not own at least just a handful for the luls?

oracle corp just said they will code chainlink adapters for 50 starts up lol, name one other crypto start up who has a traditional company coding for their network
google cloud

link is blockchain agnostic muh dude

Blockchain agnostic is a meme. Your value in eth/link tokens is going with you.

forget it. i tried.

Going take a long time to get network and nodes up and runnning. They won’t even announce the starts until sept. The. Develop, then wait for contracts to call on those nodes..... going be years.

mods.

we are early adopters

Get in link now or get ouuuut. Never sell.

Same.

The smart contract craze is going to be the ico craze times 10

>0 happenings on the chainlink network right now
Exactly, imagine how hard it will explode when things start to get rolling. It's going to be a snowball effect, pretty much every blockchain network will have to utilize it

What part of ETH is the bottleneck does nobody understand?

Bunch of developers looked over /ourcoin/ and are actually more qualified to talk about it.

Anyone else see that potential LARP post today where he said at his investment firms their logarithms are predicting $20 eom?

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nice

It will but probably not until 2020 or later unless something happens with psd2 in September. Either way, it will get to $20 just on speculation which is enough to make most of us rich. Everyone else can suck a dick and go back to plebbit where you belong.

And all 20 of those were cash grab scams that died off. Meanwhile chainlink is working with real companies like Oracle and Google.

this
it has way more applications to drive real businesses to invest in