/biz/ - Business & Finance

lightning fees dont go to Core (L1) miners. Lightning at 100% adoption makes bitcoin irrelevant and the blockstream kikes win. Thankfully i sold all my bitcoin for LINK before it gets taken over by blockstream or wraped into a Erc20 token and loses all purpose.

Ripple in the top 5 makes crpto as a whole look like a joke, LINK needs to flip the scamcoin so that the bull run can finally commence.

>>22952871
>22952871
well said

THIS DESTROYS ALL FUD
ETH KILLERS BTFO!!!!
OOoOOoooO

TOP kek at the boomers saying bitcoin NEEDS to reach 20k lmao link is decoupled, $1000 EOY.

BTC Dominance: 58.6% and decreasing

LINK will flip BTC at this rate

This is now a LINK thread

>>21009893
LINK is king

$4 EOY!!!

>your economy is litterally made up of people who buy and sell goods

Crypto will change that, The Machine2Machine economy will send LINK to $10,000 (relative purchasing power of today in the future) by 2022. AI buying and selling goods from one another never sleeping always on and they will all be pay their tax to LINK Stakers. LINK $1000 PNK $400 EOY

>>20603378
Yes

Is one of

>>20569114
Cancel that, LMAO

hes referring to the Machine 2 machine economy
where AI buys goods and services from other AI. This will all be powered by crypto and will send LINK to $3000 and Zeus capital will be seething.

Nexo offer 5% interest on chainlink deposits. This was always highly suspect as demand for chainlink borrow is next to nothing and is trading at 0% on Aave. Either they have been subsidising chainlink deposits with funds from elsewhere or they are paying new users with old users funds or are converting the chainlink into higher yield currencies (fiat) or speculating.

The recent events make it look highly likely that the latter was the case. Nexo likely do not have enough chainlink to cover all user deposits. In other words, nexo has less chainlink than users have deposited on the site.

This is fine when all currencies are relatively stable but after the recent chainlink rise it likely means nexo are in significant negative equity on their link deposits. They’ve likely taken a huge hit. It’s noteworthy that they have stopped paying interest in LINK and this further confirms the theory.

This would explain the recent short report, they certainly would benefit from a decline in LINK.

It looks very bad for nexo right now.

>>20077999
Comfirmed

100k pnk is official make it stack

OMG ITS REAL

May Kek have mercy on the Pinkless NoPnkers

Theres a trend among the LINK whales.

>>19628729
Every Link whale has PNK, etherscan doesn't lie.

pnkies are ironically going to make it with ease.