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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55620532 No.55620532 [Reply] [Original]

I just bought 500 chainlink tokens what am I in for?

>> No.55620537

>>55620532
anal stimulation

>> No.55620538
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55620538

>>55620532
pain

>> No.55620706

>>55620532
damn, right now?, should have waited for the dip

>> No.55620711

>>55620532
endless ridicule from people who also hold chainlink

>> No.55620720

>>55620706
I did but it didn't dip even when btc went -%1.74 yesterday
>>55620538
>>55620537
Very encouraging

>> No.55621275

Homelessness

>> No.55621418

>>55620532
youre a winner now, congratulations

>> No.55621424

>>55620532
Enjoy the weekend staring at your underwater position wondering if you should sell

>> No.55623162

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. /biz/ 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.

>> No.55623199

>>55620532
heh. you remind me of myself when i was younger kid.

>> No.55623449

>>55620532
youre going to see your money slowly and digitally disappear.

>> No.55623458

>>55620532
You are in for lots of feels. Strap in.

>> No.55623464
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55623464

>>55620532
no spoonfeeding.

>> No.55623478
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55623478

>>55620532
Bring flowers

>> No.55623482

>>55620532

Lamborghini and unlimited burgers

>> No.55623553

>>55621424
Do people actually do that instead of just holding until after the halvening

>> No.55623836

>>55623553
>literally everyone thinks le bull run is gonna start cuz le halvening
gonna go ahead and say le halvening is MASSIVELY priced in already

>> No.55623960

>>55620532
>what am I in for?
so much pain, you have no idea anon hope you have a high threshold for emotional instability
the dune meme was the most accurate one so far

>> No.55624092

>>55623836
>it's different this time

>> No.55624652

>>55620532
This
https://www.youtube.com/watch?v=9YjfoCd3wH0&ab_channel=HarryAggots

>> No.55625602

how does $500,000 by eoy sound?

>> No.55625666

>>55620532
how does $500 sound?

>> No.55625667
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55625667

>>55620532
Sergey will come to your house and take a shit in your toilet and not flush

>> No.55626111

Dump to $6 followed by coping

>> No.55628185

the pump is over, back to the scheduled dumping. sergey sends his regards, the liquidity was excellent he says

>> No.55629586

>>55625602
You're delusional anon, Link was never there in the first place. I for one would just focus on accumulating the blue chips like BTC and ETH and locking in self-custodial wallets away from hackers.

>> No.55630005
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55630005

>>55623553
Kek, its better to DCA over the months before we arrive at the next cycle chad. I'm already doing that on Dot and Ltc which have a strong profit factor of 1.2 on an AI analysis tool.

>> No.55630020
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55630020

You're in for a rug by a discord of 100 or so users paid for by whales to shill and post about a coin all day over multiple threads with no real value. Look at every other crypto last six month and then look at link's last six months and you will see you are very close to being left holding the bags.

Source: shilled for these guys as a full time job last few years, pumping and dumping coins