Looking back at Link

Why was so good about LINK back in 2018 when it was < $1. Is it just pure luck?

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what*

What? It was “so good” because it hadn’t gone up as much as it has now or as much as it eventually will.

Kek what? It was more undervalued back then relative to the value of its utility

the memes

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I mean, it could have been just an other shitcoin. I want to understand why people held on

You had to be there

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if you know, you know

I remember lurking few times here in 2018. I had no knowledge of finance back then but I kept seeing link everywhere. Well it was a big opportunity missed

Good project fundamentals. But that doesn't mean it was guaranteed to moon.

ass blaster

It's was just gambling in a certain way ?

Didn't read, not selling

Yes they got rich cause they just got lucky and nothing more

I have no idea how you could have missed it user
Those were some of the absolute best threads of all time
Crumbs everywhere. Tons of autistic investigating. Those were the days

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Gambling that crypto needed reliable data from the real world rather than exclusively within itself.

Yeah, I didnt care back much then. I hadn't got my shit together yet

True, today its just one integration after the other. Its even hard to keep up with all the hackathons, new products, the best of the best of academic cryptography solving one core crypto issue after the other with LINK. Feeling old

It's gambling in the sense that there is risk and no guaranteed outcome. This is like any investing though. Nothing is truly certain to make money, just varying shades of likelihood. Even term-deposits have a technical risk, because the bank might collapse - unlikely, but it happens. But if you research and understand the project/company, it can help you as an investor make an informed decision about what you are investing in.

thanks user

>Is it just pure luck?

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>Is it just pure luck?

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Oracles are necessary and nobody else was doing as much as LINK

>it could have been just an other shitcoin
This was literally never even possible. If you think this is the case then you don't know anything about chainlink.

If you had spent as much time as we did theorizing use cases, and digging crumbs.
It may have been delusion, but it's a sure thing. It was a sure thing.
The Sergey/satoshi crumbs, and all the things you'd need an oracle for!
And a big community of frens to hold with, and to sell would be disloyal so that helped to hold.
And the memes, oh the memes!

I'm a loser and I didn't contribute as much as I'd like, but I watched the ropsten transactions and found linkpal, the vote, and the usps (for the hackathon) transactions, a week before the hackathon! I brought the new price feeds home back when there was only eth and I still feel proud.
The community though, we all talked each other certain that link was a sure thing and it really was.

All this money, but still I miss my secret club

The main reason I held was that while every other team was making constant blog and twitter posts hyping their product, everyone involved in LINK refused to shill. That compared with what LINK was trying to do made it obvious they were serious about what they were trying to create. The old shitcoins of the past also tended to have super specific use cases or were trying to copy bitcoin and ethereum. Chainlink does something unique and it can pass off any data the user wants vs only rfid data or price feeds or finance related stuff.

i like to ask myself about how many years you need to educate a normie to a point when he would be able to make an educated conscious decision about investing in chainlink in 2018. just how many degrees would you need to give to a normie?

More so a gamble based on that if anything in crypto, eg blockchains and smart contracts have any potential value they probably need data to function. A blockchain can't be decentralized if the data source isn't. Link were literally the only ones trying to solve this issue. Speculating on Link was like speculating on the market as a whole.

unprecedented level of high quality astroturfing and an insane level of effort put into promoting shit arguments

As much as we hate to admit.. we actually did get lucky. Let's face it, 90% of you probably stumbled upon it by chance instead of googling shit like "who is trying to solve the oracle problem". Yeah nobody ever did that. A handful of anons realized its importance early on and shilled it, then everybody just rode their coattails.