/biz/ - Business & Finance

1. Lack of confidence in most major CEXs (Binance CEO stepped down, MEXC and Bitget fud etc.)

2. Major platforms like Celsius or BlockFi went bankrupt, Nexo was also under criminal investigations.

3. No major or legit competitors on the market.

4. Fideum is a fully regulated entity in EU (MiCA regulations will hit hard everyone else this year). The company is not registered in Bahamas or in other shady location. They comply with all the latest legal requirements in EU. Big difference.

5. They are not a meme token which suddenly found the CEX narrative, just as a meaning to pump now and dump later. Fideum is developing their project since early 2021, having a long term vision and already working with institutional partners.

6. $FI supply is already fully circulating. There will be no tokens vesting releases, neither emissions to inflate the supply. This is always an accelerating factor for price growth, because in the long term, the sell pressure becomes a lot weaker.

7. Fideum combines multiple use cases and narratives. Most of them are already live, the rest of the products will be probably released this year.

CEX
DEX
OTC swaps
Borrowing & Lending platform
Staking platform
Launchpad
AI financial advisor
Fiat on/off ramps
Card payments & cashbacks
Own L1 blockchain integration

8. $FI is trading only on DEXs, few T1 CEXs will list it, probably this month, bringing more exposure and more volume.

Fideum will finish their rebranding this month, with a new website/app. So get ready! Monthly announcements for new releases and partnerships, listings etc. are programmed.

At just $73M market cap, $FI can go easily to a few billion mcap this year. Remember $CRO hit $25B mcap at the peak of the last bull run.

$FI is the comfiest 50x-400x you'll ever find.

>Bored Ape Yacht Club

This was Chainlink's NFT phase, partnering with every scam NFT company. By "partnering", I mean a total scam that has no merit, NBA NFT's anyone?

>Celsius

Does this company exist anymore? Well, only in bankruptcy. A total scam. CeDeFi anyone?

>Baseline

Another one for the OG's, remember when Wolpert was working with Coca Cola on bottling using Chainlink oracles? He had people convinced this was a real thing, total scam and shady behavior, probably for some sort of exit liquidity

>>54967510
Yessir. I keep tagging them on twitter as well and sending links of the posts to the whistleblower site. I also have saved CL posts (now deleted of course) where they shilled Celsius. Its the equivalent of them shredding documents. Very shady look

>>53728909
A typical example.
>when the normies come over i am gonna fud for so much fun
So many LINK holder fudders fit this pattern perfectly. They don't want to make it, they want to feel smarter than everybody else. They'd rather continue sabotaging their speculative investment in a hype-driven market FOR YEARS than admit they've ever made a mistake.
Let me address you directly.
You nigger. You inbred kike. You snake. You groveling goblin.
If it was not for you, LINK would have been triple digits during the bullrun and $30-$50 now. The hype would have been enormous. There would be no exploitable aura of uncertainty for shady actors like Celsius, NEXO and others to exploit by borrowing and shorting. Sirgay wouldn't have had to get handouts from the WEF, selling out his dream to the highest bidder. He tried to save you from this life you created for yourself and you betrayed him, fully and gleefully. I have no pity left to give you. Your hell is of your own making and frankly, too merciful for you. I hope you kill yourself before LINK's bullrun in 2030. Because yes, there will be no LINK bullrin in the next few years. You made sure of that, and are doubling down now because doing anything else would mean admitting you aren't the smartest puppeteer in the world and you can't have that, can you?

The good thing with blockchain is that once a shady big player is in the red there is no possible bailout, they are fucked and they will stay fucked. They can try to present themselves as if everything is going smoothly, but once they are liquidated that's literally it, no way to go back.

Now imagine the equivalent of a big player like FTX or Celsius existing in the TradFi market, they would still exist to this day and be bailed out 50 times if needed. With blockchain, all bad players get flushed out in the long term, a much more efficient market which cleanses itself naturally with time.

>>53291517
imagine how many shady people have accessed the celsius user info, and will access many other exchanges that aggregate millions of crypto holders KYC, and then have one security breach

>>53057178
https://vocaroo.com/14eDKttnv86E
ill let stink shady, a former chainlink shill, explain the current ecospheres for brick level iqs still bagholding

>moab partnership
sergey partners with a another known exitscam project rewteets on his personal and main chainlink page, he sells the absolute top and then gives the green light to dump it, moab exitscams, price dumps to zero autists enraged again, sergey scrubs tweets and acts like nothing happened
>celsius partnership
sergey partners with yet another scam project promising huge apy rewards for no effort, endorses the ceo, does interviews with said ceo, turns out the funds are being overviewed by jessica khater an actual girlsdoporn whore who had no idea what she was majoring in is responsible for over 400m. celsius exitscams, shitlinkers who have ponzilinks on there lose everything, price goes to zero, sergey cuts ties yet again
>linkpool
co founder cokehead mat beele exitscams his own project dumps on linkpoolers and flees to malta to avoid lawsuits, yet another scam project endorsed by king bigmac himself
>sergeys father
a picture captured by a random anon snags a picture of sergeys father in a cherry red lambo huracan cutting up the hills having a great time, yes these link dumps provided the liquidity for sergey to pick his father up a brand new lambo at the enspense of ponzimarine investors
>smartcon
sergey spills spaghetti and can't even properly explain the project at all, looks like an absolute conman being exposed, eric schmidt runs circles around him without even being involved in the project for a couple months, let alone invest a single cent of his billions in the project itself
>staking finally arrives after almost 6 years
locked for years with no withdrawals, shit apy

you cant even make this shit up kek!

https://vocaroo.com/14eDKttnv86E
ill let stink shady, a former chainlink shill, explain the current ecospheres for brick level iqs still bagholding

me and unc perfectly called the top of shatlink and ponzimarines called us deluded when we said we were shorting, someone cracked uncs trip and shilled glink and you idiots actually bought? kek!

>moab partnership
sergey partners with a another known exitscam project rewteets on his personal and main chainlink page, he sells the absolute top and then gives the green light to dump it, moab exitscams, price dumps to zero autists enraged again, sergey scrubs tweets and acts like nothing happened
>celsius partnership
sergey partners with yet another scam project promising huge apy rewards for no effort, endorses the ceo, does interviews with said ceo, turns out the funds are being overviewed by jessica khater an actual girlsdoporn whore who had no idea what she was majoring in is responsible for over 400m. celsius exitscams, shitlinkers who have ponzilinks on there lose everything, price goes to zero, sergey cuts ties yet again
>linkpool
co founder cokehead mat beele exitscams his own project dumps on linkpoolers and flees to malta to avoid lawsuits, yet another scam project endorsed by king bigmac himself
>sergeys father
a picture captured by a random anon snags a picture of sergeys father in a cherry red lambo huracan cutting up the hills having a great time, yes these link dumps provided the liquidity for sergey to pick his father up a brand new lambo at the enspense of ponzimarine investors
>smartcon
sergey spills spaghetti and can't even properly explain the project at all, looks like an absolute conman being exposed, eric schmidt runs circles around him without even being involved in the project for a couple months, let alone invest a single cent of his billions in the project itself
>staking finally arrives after almost 6 years
locked for years with no withdrawals, shit apy

you cant even make this shit up kek!

you're just blinded by greed. Look at the project objectively:
-The team overpromised and didn't deliver
-The team dumped tokens multiple times against their holders interest
-The team partnered with and promoted shady projects and companies (Bancor, Celsius, Linkpool, LadyLuck)

>>52571882
holy shit kek even stink shady has abandoned ship?

lets do a quick rundown on the shitlink ecosphere
>assblaster
duped a shitload of autists into buying a pump and dump scamcoin, exposed as a larper ico whale who sold early and moved to romania to avoid neet revenge
>moab partnership
sergey partners with a another known exitscam project rewteets on his personal and main chainlink page, he sells the absolute top and then gives the green light to dump it, moab exitscams, price dumps to zero autists enraged again, sergey scrubs tweets and acts like nothing happened
>celsius partnership
sergey partners with yet another scam project promising huge apy rewards for no effort, endorses the ceo, does interviews with said ceo, turns out the funds are being overviewed by jessica khater an actual girlsdoporn whore who had no idea what she was majoring in is responsible for over 400m. celsius exitscams, shitlinkers who have ponzilinks on there lose everything, price goes to zero, sergey cuts ties yet again
>linkpool
co founder cokehead mat beele exitscams his own project dumps on linkpoolers and flees to malta to avoid lawsuits, yet another scam project endorsed by king bigmac himself
>sergeys father
a picture captured by a random anon snags a picture of sergeys father in a cherry red lambo huracan cutting up the hills having a great time, yes these link dumps provided the liquidity for sergey to pick his father up a brand new lambo at the enspense of ponzimarine investors
>smartcon
sergey spills spaghetti and can't even properly explain the project at all, looks like an absolute conman being exposed, eric schmidt runs circles around him without even being involved in the project for a couple months, let alone invest a single cent of his billions in the project itself
>staking finally arives after almost 6 years
locked for years with no withdrawals

you cant even make this shit up kek!

>>52501117
Extremely unlikely. Gemini is too boring and insignificant (>>52501137). The one slight risk they did take- offering customers access to Genesis- has blown up on them and caused significant reputational damage. They'll just continue becoming less and less relevant and probably wind down retail to become the crypto equivalent of a family office.

FTX was obviously spending insane amounts of money- adverts, donations, VC activities, sponsorships. CDC is the same. Celsius, Genesis, 3AC, BlockFi were all offering absurd yields/returns. It's not hard to see where the remaining risk in crypto institutions lies at the moment, and that isn't Gemini.

>>52501176
This is pure truth. Crypto.com has to be losing money at an absurd rate. They go down within the next six months. Coinbase either does something drastic or withers into obscurity within the next two years. They seem to be pre-Musk Twitter-tier in terms of work culture, management and output.

>>52501600
Agree. Exchanges relying on fleecing dumb newcomers- Coinbase, Crypto.com- are in trouble. Until the next bull kicks off, the exchanges that survive will be the ones that can attract the traders who choose to stick with crypto. Exchanges are now fighting over a much-smaller and more aware user base. They survive either through trustworthy reputations- Coinmetro, Kraken, etc (Gemini should have been on this list but blew it)- or through continuing to offer the casino experience to committed degens- Binance, Bitmex, etc. Obviously the latter exchanges are at risk of falling prey to their own shady practices or a potential upheaval in regulation post-FTX.

>>52493386
Do they though? The price doesn't seem to be going up. Are you watching the right chart?

>>52493603
Huh? I definitely own this and am fucking pissed how it's being run. Time to update that tired ass copy paste comment

>>52493691
>imminent
2 more weeks. They can't even give us a date for CCIP

>>52493805
Source on the $50M? I'd love to see that. Also if it is happening, how does that come back to token holders?

>>52493994
> this is the future
the official motto of every altcoin holder. Nothing is guaranteed.

>>52494362
Thank you for being one of the few that can actually admit they're currently losing money. That wasn't so hard was it? It would be really nice if you could see what this "warchest" looked like though. If there's on positive we get from regulation, it will be more transparency from all these shady fucks


>>52494641
good fucking question...I still want to know if they lost our money on either Celsius or FTX

>>52494957
finally an adult enters the convo. Thank you

>>52495048
Lol

>>52495063
You know what would really show confidence? Him rebuying tokens the same way CEOs buy their own stock back on dips. But of course we don't get that here, just more dumping.

>>52495130
>The tokens meant for fundraising will be used to raise funds, and that's that.
ehhh that sounds like cope to me...They could throw the community a bone and hold off for now. A good leader knows when to pivot.


>>52495227
So you're implying these employees are actually needed before staking is released? I doubt that.

>>52495252
haha. The lack of basic business acumen here is breathtaking sometimes.

>>52461834
I lost 0.9 BTC on Celsius. I had pulled some out a week before shit went down but not enough. I moved everything to a hardware wallet. I don't leverage trade so would never have looked at FTX. Not quitting Crypto but no longer stake or lock my tokens up anymore for "rewards" Still DCAing every couple of weeks. I figured Crypto companies had their shit together better then some newb startups from people with no experience at mature companies to bring into it. MLMs have less shady business models.

>>52297567
People who listen to Richard do well no matter what the subject is. Where has he ever steered anyone wrong? Called the top on the day. Called out crypto scammers like CW Celsius etc. Created best performing crypto asset anyone who bought early still way way up. Wrote self help book full good advice. Told people not to keep coins on shady exchanges like FTX. Like what more do you want from the guy?

>>52286673
Theres a lot more to it than that. Once its a registered security theres now an obligation to investors. And Serg will be on the hook for the Celsius endorsement. With all of the shady shit theyve done, the sec can easily bankrupt CLL.

>>51298592
>locking large amounts of funds in a shady smart contract on a proof of stake security product for 20% apy paid in shittoken
you might as well give it to celsius

>>51242528
It just means that the time of "Link has some good news, price -3% shortly after" is now over. If it's being held back from now on it's by shady WEF types and glowies, not Celsius-types.

The interview reminds me of the Celsius interviews. No real logical answer to the question. Shady stuff going down at coinmetro.

>>50883311
>20% to team
>10% to Insiders
>these same cunts have been farming it since day 0 with ludicrous yields and are the reason for its dump to oblivion
>affiliation with siesta and sifu amongst other shady kikes
>artificially propagated since its early days, sam kikeman & friends played a significant role in this
>have zero real innovation and rather resort to copy pasting everything like some spoiled child that wants everything but does it all poorly
sJoe veJoe cockJoe ballsJoe are absolute DeFi memes and responsible for why DeFi isn't being taken seriously right now because of such bumfuckery
>>50884842
right.. until it isn't
Celsius yields were so legit right anon ?
How about Anchor Protocol.. wonder how that's doing right about now hehe
These cunts want (you) to be poor, your avax stolen, your gf molested, and they think it's funny.

>>50761537
it's crazy that they didnt do any due diligence on celsius. the celsius crew was known to be shady. how didnt they have intel on this

>>50686015
>burned
>crypto firms
Unless you dumped your money into some shady 3rd party shitcoin casino, what "crypto firms" burned people besides celsius going bankrupt?

>>50339958
Don't give up. LINK is at historical lows.
You can still buy a smaller stack and may have 6 months to 2 years left to accumulate and can still make it with a smaller stack.

The lesson to learn from this is that there will always be warning signs when something is off and you should not ignore those signs.
If something feels shady don't ignore it because of your greed and run away as quickly as possible.

The Celsius whore meme should have been the warning sign that something is not done properly at the company and someone recruited a whore through sex promotions for an important role.
This meant someone is morally corrupt in the company and should not be trusted with money.
If you can learn to recognize warning signs this won't happen again to you.

>>50323213
>every other cefi platform in the shitter (celsius, voyager, etc)
>oh jeez I hope I don't fall for fud and lose my 0.4% a month
You are saving yourself a 100% haircut, leaving your bitcoin on some shady gambling website defeats the whole purpose of self-custody in the first place.

>>50283314
Link is a failure, that’s why it only works with so many obviously and overtly shady projects like ladyluck etc. But hey, ladyluck was willing to pay, so Sergey was okay with it. The price was right. Same goes for celsius and bancor, the offer was right so Sergey took it regardless of wether it was a scam or not, in fact it’s better if it is a scam because they’ll pay you more.

Now you understand link. That everything link does is based solely on how it can enrich sergey, which is why every single partner or associate they’ve ever worked along has been a scam artist, some big, some small, but all scams nonetheless