/biz/ - Business & Finance

>>22786737
based
OP what the fuck are you putting in your coffee that makes it so expensive?

>>22556109
This. Already at a 2-year low for Link on exchanges and getting lower each day. CT did a good job raising awareness of this and encouraging Twitter marines to get their shit off of binance and coinbase
>>22556052
We don't talk enough here about how Sergey addressed this very problem during his keynote
On the slide just before pic related, he talks about how high yields should incentivize a lot of the ~$360billion in non-defi crypto to move into the then-$2.5billion of defi. Just this week CL Labs rolled out a template for build-it-yourself defi
The message is clear: Tokens are either sitting in cold storage doing nothing or providing liquidity to someone to make money. That someone can either be 1) the community at large, farming for yields, or 2) a handful of exchanges getting rich off of leverage

>>22481451
This. The absolute nastiest fud anyone takes seriously anymore is "dumping to $8." aka x40+ ICO
So fucking comfy frens, $1000eoy

>>22126881
>paper wallets from etsy
kek, replying to this anti-defi anon for at least being funny
I posted something similar elsewhere and forgot to include an important caveat. I'm not going all-in into any yield-farming project, and I acknowledge how risky it is to put your link there. But holy fuck, have you seen the daily roi? Even if everything rug pulls in a couple of months, by that point you will have been able to use yields to double your stack
Start with whatever part of your stack you feel comfortable with and use your yields to buy more link. At current ROI this shit only has to survive until the end of the month for you to have printed out replacement link (at a higher cost basis) for all of the link you're farming, at which point it becomes house money. Slowly increase the amount you farm as your hedge link stack grows. Then put that hedge stack in cold storage or stake it in cefi like >>22127193. 6% apr is better than nothing but I'm not sleeping on 1500%+apr while it lasts
Go back through your slides from Sergey's keynote and look at the one right before the ever-popular pic related. This was literally planned. Smartcon is the fucking reason Y-series defi projects have gone crazy this past week
$1000eoy (principal + yields)

>>22104009
>1 billion less than Ethereum
kek, eth has a mcap of 54.4 billion desu. 1 billion less would mean $53.40 per link fully diluted, or $139.06 at current circ supply

>>22037000
Nice trips
Good answers from both anons
Process described here >>22037172 unfortunately continues until the passive-income-generating potential of chainlink nodes is undeniably clear to the wider market. Until then, whales are making a killing off of selling the top of pumps to the new money and then dumping the price back down to buy back what they sold
Still, >>22037095 is absolutely right. The closer we get to staking (and we get closer all the time), whales won't be able to pull the same shit. They'll change their focus to earning income from staking. At that point--no more downward price pressure from whales--10x is genuinely fud

>>22031603