Here are the problems that have led me to NOT keep any money in Chainlink right now:
> Scalability This is an Ethereum-based token asking to take on capital on the scale of trillions. I do not see any viable way this can occur.
> Fees Contracts may need to run multiple times a minute, creating enormous ETH costs.
> "Definitive truth" use case fundamentally flawed Legal teams in conglomerates are NOT there to solve simple black and white issues that could be handled by an oracle. Such issues never make it to court, since, if the truth is so easy to discern and one party knows it will lose, they simply attempt to get a settlement. Legal teams are there to handle much more complex issues, requiring reading between the lines and using abstract thought. Example: "Is this fraud or bending the rules?", or "Is the delivered product of such a bad quality that we are entitled to a refund?". Chainlink may have few very niche uses, but it is nowhere near as useful as Zig Forums or Sergay make it out to be. No lawyers will be replaced.
> Team not up to the task Even IF these problems were surmountable, we have seen close to zero progress towards solving them in the past three years. This is NOT a team of high-performing autists, but looks more like your typical startup. Even IF they are ever able to deliver, it will be 5-8 years minimum, and I can keep my money in more useful places until then.
> Project entirely built on hype If any other project had failed to deliver any sort of progress for 3 years, it would be worth pennies. As far as Chainlink is concerned, it is only being kept alive by autists sticking their head in the sand while the market is red and making memes when the market is green.
fine. i read your fucking plebbit spaced blogpost. and you know what? your fud is so fucking weak i debunked every single point you had, as i read it. fucking dyor you pissant, all of this has been answered a thousand times before
Jaxson Butler
> scalability Arbitrum > fees Arbitrum > truth Game theory keeps node honest, this is not supposed to be a new venue for arbitration or suing each other over quality of bananas > team Ari
i get where you are coming from tho. either you hodl link and are worried, so you make a retardedly easy thread to debunk to get hopium, OR you got left behind just watching it rise, and are now wondering if 13USD is a good price to buy in on. in which case i will say that anything below 100 is a steal, anything below 1k is a good deal and anything below 10k is speculation. dyor and you will know, instead of making faggot threads like this OP, i aint gonna spoonfeed you nigger
Jason Roberts
this, how new does OP think we are
Christian Scott
we seriously need more threads like this, all those "we're all gonna make it bros" threads are making this board total fucking garbage.
Justin White
pajeet shilling is what ruins the board. when it was 90% LINK threads, this place was golden wether it was fud or shill
all your points are stupid this isn’t even good fud first two points are solved by arbitrum third point middleman/ lawyers included are busy working on useless and simple to avoid issues all the time also big firms playing dirty all the time with each other trustless and automatic enforced contracts would solve this last one yes the the team of phd level researchers is not up to the task you are right
Haha THIS, LINK is literally dumping to oblivion right now
Parker Lee
>falls 2% >dumping to oblivion
Eli Torres
had 3 years to accumulate but you didint. now you realize that its too late to accumulate a sizable stack so you try to fud desperately failing at every attempt. sad.
Mason Green
ready the archives stupid, this has all been discussed and resolved every single day from 2017-2019
Caleb Green
link is in the top 10 mcap you idiot it's way way too late to fud. What difference is it going to make if 4 retards see this thread and sell their $500 stack. Fuck you people are stupid
Xavier Scott
been holding link since sep 2017. just want to say link succeeding means we are cooperating with swift and the financial world, contrary to btc whos aim is to tear it down, link is basically going to be a middleman in connecting data from existing infrastructure to crypto through oracles. seems hypocritical to me that everyone here hates kikes and rothschilds an shit when we are literally making their job easier and more profitable for them.
Thomas Cox
Ari is a jew and sirgay a member of a saturn worshipping secret society...
>we are literally making their job easier "we" aren't doing shit we're just riding the coattails of the 4IR, in my case so I can go off grid and completely bail from society