1) they used swift and other logos on their marketing misleading people to buy the token.
2) The team dumps 1million link on heads a month just like Ripple
3) The only usage is when the chainlink team makes a price feed contract and shoves it down a defi projects throat. Everyone that thinks chainlink has customers. Lets see how many customers stick around when they have to start charging.
4) you said what went wrong...what went wrong is you are still holding after it went from 30mil to 1.5 billion. The money has been made on link. There are better projects with a hell of a lot more upside.
Do you want me to continue?
5) Chainlink claims to be decentralized yet team holds more than half the supply
6) Chainlink claims to be decentralized but runs every single chainlink oracle contract (what happens if chainlink forgets to fill up eth or link?)
7) Chainlink is all big on "oh were blockchain agnostic" meanwhile there is no other blockchains getting 1/10 the traction as Ethereum. Blockchain agnosticism is a meme.
8) The link token was supposed to be needed due to erc677 transfer and call. Not one customer is using transfer and calls as they are only pulling prices from reference contracts ran by centralized chainlink team.
9). It's been over a year since main net. The biggest customer is some dopey defi platforms. Yet sergey will use swift and facebook libra on slides.
Shall I continue?
10.). Type in $link on twitter, you won't find a more cringe community. I keep seeing "we're so early" from soccer moms from Chattanooga. Meanwhile most OG link holders have moved on.
11.). If Chainlink is doing so well, ask any of the customers for the info on what they are paying to use chainlink. You will never get an answer because they are using for free. They have to pay by advertising they use and pay for chainlink.
Why is everyone still bullish on Chainlink?
Other urls found in this thread:
t-systems-mms.com
reddit.com
twitter.com
Meanwhile none of the "sponsors" have to even hold the link token...so what's the point?
Speaking of link token many think they will get to stake their link, they won't. Staking may come to the pre-selected nodes but it won't mean much to the 99% of holders.
Speaking of 21 nodes, why only 21? There are 100+ more on chainlink node listing sites that still to this day don't have any usage. Meanwhile those operators are losing money in infrastructure costs...muh demand
Simeon... be a good boy and sit in the corner over there, will ya?
because chainlink is actually usable and IS used by big companies unlike your unknown shitcoins only bought because they get shilled on biz
also link just broke 8$ again
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.
I read literally none of that and I left you some herbs in the options field.
Pointless fud from a retard
Hahaha SLOPPY JOB SIMEON!!
you really thought you did something huh
imagine having your sloppy ass short position btfo by T-fucking-mobile kek
people are naturally suckers for losing money
Get this gay Reddit fud out of here
This is a LINK board and you fudding faggots have always been extremely gay and retarded. Go get aids and die
IOTA already released their decentralized testnet tho.
>T-Mobile
You mean T-System-mms, a local digital marketing subsidiary of T-systems Germany which is a subsidiary of T-Systems which is a subsidiary of T-Mobile. In short, pajeets that pay to be able to use parts of the T-Systems logo are getting paid by Sirgay to host a node.
Pure marketing stunt, T-Mobile is confirmed to implement BAND
Come on guys. Chainlink is the new XRP. Open your eyes.
Based x 2
Not selling
so t-systems just has the same logo as t-mobile and pretty much has nothing else to do with them? wow we've been duped!
you had 3 years
Informative post about the chainlink scam
Any real counterarguments to all of OPs points yet?
im fine with that, ripple peaked 100bil MC. if thats links fate, I already made it. thanks.
Plenty, go check the archives. No one is spoonfeeding you newfags shit anymore.
It’s a copypasta newfag go to the archives and see the rebuttals for yourself
it peaked at 147b
THIS IS REDDIT FUD. GIVE ME 5 MINUTES AND I'LL LINK THE THREAD.
im not new been here since CL ico and never bought in
Even better
Most people don't understand technology and buy into hype and false promises. Simple as that.
>reposting reddit fud on Zig Forums that was probably posted on reddit by a Zig Forumsraeli to throw reddit off the trail