Volume unironically collapsing

OP thought it would go up forever LMFAO fucking retard

Link marine reporting in to save the thread:-)
To all you haters (and probably nolinkers): Inform yourself about smart contracts before you talk shit about volumes.

its literally still going up

bloomberg just shilled it; my sister and her boyfriend both bought it; normies are buying it like crazy

there are a lot of people now who are selling to realise gigantic profits, but a flood of normshits buying in will soon bring it back on track

try and get them to short it
better long run strategy to impoverish the enemy and we profit simultaneously.

The absolute state of linkies kek.

Linkfrendo reporting. I bought this shit but have no idea what a "smart contract" is. Can you explain it very simply? Like no more than 2 sentences.
or One sentence.

>1 sentence or less

SWINGIES DESERVE THE ROPE $1000 EOM LETS FUCKING GOOOOOOOO
youtube.com/watch?v=MIyBFNjc1kY
ITS MONKEY SEASON WOOOO WOOOOO WOOOOOAOOWOOWOOOOOO

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A contract, like a forward, future, option, or swap, or a synthetic version using put call forward parity that is dynamic to conditions and therefore “smart”

Short it faggot

It's a program running on chainlink that serves companies and they'll pay lots of money for the service as it will replace lawyers and all clearing. Therefore our tokens we bought will gain value as they are the fee used to pay for chainlink operating.

Alright I'll just buy more. This is too hard

Eliminates the need for authority to babysit business transactions.

Makes Ethereum worth something, as the price of Ethereum is nothing but speculation of what it’ll be capable of in the future. Ethereum is great, but we want mass adoption, and to do that you need some crypto software to link smart contracts to the real world. (Link Ethereum to the real world).

Btw, it is not one thing chain link does, it kinda just opens Pandora’s box.

Price will be collapsing soon enough

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Friend, i was just larping, chainlink stinks to the sky. Smart contracts are the biggest meme only believed by anons lacking basic knowledge about business processes. A few lines of code cannot replace clearing, there would need to be excessive negotiations before any company would apply a smart contract with another company for handling complex issues. And of course they won't pay a cent for that service to be executed as any enterprise software or it interface is able to do the same.

It doesn’t matter. It’s sitting here Bc basically nobody is selling. We all know that

Also a smart contract is a contract that executed by itself without anyone’s help. It’s an “if then” “true do” statement that moves shit in reality. It is delegating authority to node operators, who get paid to feed smart contracts true information about the world. If the contract knows the temperature, and it also knows I left a pallet of ice cream outside, it will execute in 30 minutes to fire my ass.

>shilled it
Bloomberg said it was overvalued and copy pasta'd Zig Forums fud in their article.

I’m sorry I’m on mobile my grammar sucks.

Don't tell them nigger. There's too many r*dditors lurking here.

its a data structure used to route money