Something is seriously wrong with chainlink. The usd, btc and eth charts are weak as fuck. There are no buyers stepping in at all. Meanwhile the team are adding integrations, Sergey is speaking at a major financial conference and ocr is close to being delivered.
Are we heading back to $6?
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sell faggot!
$1000 EOY
Nope. Volume is just overall low for everything. Wait for btc to make a move.
Also buyers have been stepping in, but they always wait for the price to drop before they do.
So glad I sold at 16$ lol
Good luck user
>arb mainnet soon
>OCR soon
>"omg something is wrong"
Shut the FUCK up
$2
I'm one of those waiting on the sidelines but everything is clearly extremely manipulated
Incorrect. Volume is sky high for defi tokens, and the other majors. Link is bleeding down to key supports on multiple pairs and timeframes, plus putting in lower highs on the weeklies. It’s fucking over, $7-$8 inbound.
Weeklies
Look at the Tezos chart. Chainlink is next
Crypto is beyond at joke these days, kinda feels like we had the exit pump and are being prepped for a massive dump
>Meanwhile the team are adding integrations
In Defi.
The saturation point for Defi is long gone, and it's fucking time the team start putting out actual progress instead of running in place faster and faster.
Maybe when you totally stop development on a project, go silent and start mass off loading stock people get spooked.
>we're heading back to [random number] pliz let me buy lower
No, incel. You had 2 years. Cope.
They're not even real integrations, you can see the cumulative jobs run and it's not rising as if new clients are adding. It's just crypto scams using an announcement for some free advertising, it's been the case for well over a year. Even fucking oracle had it with the startups where most just took the link grant and disappeared, some without ever setting up a website.
Think lower
pretty much this
there is no real demand for this (yet?)
I mean how many people are really using stuff like blockchain crop insurance? my guess would be zero
technology and possibilities are promising but that’s just about it for now
precisely. Chainlink was marketed too hard for something that's not even being used yet
Why would anyone want the showboating scumbags who hold chainlink to have any money in their hands at all?
All of my bets are in opposition to chainlink. I even hold some XRP. the only altcoin I'm not fucking crazy enough to hold onto is stellar because it's just XRP with a different name and fewer developments.
>They're not even real integrations
They are.
>you can see the cumulative jobs run and it's not rising as if new clients are adding
The "jobs" don't rise as new users start using the price feeds you retard.
I agree its tiresome with the daily defi owl announcements
Yes they literally do lmao. What do you think chainlink is fucking kek - just an aggregate feed you look at? What are you oh no no no
>Yes they literally do lmao.
No, they don't.
The "jobs" is the nodes adding their input to the feeds. How many parties use the data from the feed has zero impact on that.
>Chainlink was marketed too hard
Now THIS is satire.
>something that's not even being used yet
Chainlink is the backend securing many billions of USD in Defi right now.
the absolute state of biz in 2020. if you had spent time testing a node instead of wasting your time here youd get this
>Chainlink is the backend securing many billions of USD in Defi right now.
It's not exclusively doing this job, hence the bubble will continue to deflate.
>It's not exclusively doing this job
lmao yeah you're right, there are other "oracles". Pic very related.
You act like one fuck up is the end of all competition.. putz
>one fuck up
still not buying your bags, Gomez
>I'm never buying what you're never selling
ok
The problem is even if Link is the greatest tech ever the prospect of the team dumping 600 million tokens on the public is just too much for the market to accept.
Why is chainlink superior to other oracle providers?
If imma get dumped on why Sergey I need some hopium to go on
Algorand has the same problem, devs are holding 80% of the entire supply. wtf
>the prospect of the team dumping 600 million tokens on the public is just too much for the market to accept
Pic is from before the ICO.
The token "dumps" were priced in from the very beginning.
We need a compilation of shit like this.
you realise it won't all be dumped right? that is what they're using to get the big guys on board
>Why is chainlink superior to other oracle providers?
Chainlink as it is now (without staking, reputation, enclaves, mixicles, threshold signatures, ...) is miles ahead of any competing oracle because it's simply built right from the ground up.
Chainlink mainnet was launched with three independent nodes calling three independent sources, and things only got more decentralized from there.
Everyone else is playing catch-up, and eating tons of shit while they're at it.
And that's before Chainlink even reaches its second form.
Yeah, but the slow roll is so satisfying.
I hate newfags