/biz/ - Business & Finance

For all intensive purposes, I bought

Fudders coping all the way up KEK. Get yourselves comfy, boys. This won't stop all the way to Smartcon. Take the week before it off and relax with a cold drink. This is one party we'll always remember. They're deleting these threads so let's keep them going. We're winning.
Also, Nexo is insolvent.

Fudders coping all the way up KEK. Get yourselves comfy, boys. This won't stop all the way to Smartcon. Take the week before it off and relax with a cold drink. This is one party we'll always remember. They're deleting these threads so let's keep them going. We're winning.
Also, Nexo is insolvent.

>>50257304
NGMI

>>49827002
I put most of my cash in at $7 because I thought single digits was the best it could get.
I got a little at $5.50, but I’m happy I got what I did.
In the end anything you buy at these prices is a win because we’re getting close to seeing link break out when staking and ccip are released.

>>49541561
>viable?
It’s inevitable

>>49519735
He, with the guidance of super demon Jew Henry Kissinger, has said that the cross chain potential is what he’s most excited about.
That’s why I think CCIP will be released at smartcon during his speech.

I don’t think the powerful people like Eric Schmidt necessarily care about a truth machine unless they’re able to decide what the truth is and who gets access to it.

Why is Chainlink such a contrarian protocol? No wonder it's so misunderstood when it does everything so differently from the rest of the market.

With 99% of protocols staking out there, the rewards start high to attract users and then get lowered over time. They're all short term ponzi musical chairs, unsustainable and artificial.

Chainlink doesn't need this since it ALREADY has the users. They did all the heavy lifting before tokenomics, when others launch lazy tokenomics hoping it'll attract usage.

Chainlink rewards will start at <5% but will easily grow beyond that, in a sustainable manner. It's simply unheard of, absolutely industry shattering and as a result nobody can even wrap their brains around it.

The initial plan, a few months in, is to reward 5% for 75M staked. Out of ~400M circulating. For one (1) single feed. Which will later be scaled up to all feeds.

There are ~1000 feeds. So you do the maths. They want the whole supply staked.

There are at least 4 revenue verticals mentioned. Incentive wallet emissions, user fees + the new partners pool reward program + a premium loss protection service fee. That's still all only for initial price feeds rollout.

Then comes VRF etc. We still have zero information about how ccip could shift nodes to direct fee capture for bridged assets, how ffs could capture major execution layers fees instead of mev, etc. These are even bigger revenue sources and the plan is to roll them out in phases, once total monopoly is secured and adoption is the norm.

It will take years for chainlink to even be understood by so called experts at this point. It's all very reminiscent of Schmidt keeping Google profitability hush hush for so long, or how Bezos had to reassure shareholders that all the key adoption/profit metrics were rocketing while stock was plummeting following the dot com bust. Market participants can't see the forest from the trees without years of hindsight, despite major unique players hiding in plain sight.

>ripple effect

What's going to be the %APY from staking?

What happened to LINK? Why can't we moon anymore? Small caps are gaining massively but LINK only moves several percentages every week. Also, LINKBTC looks really depressing. We didn't manage to get back into the growing channel

>>26284155
>yay
>id is pink
>ends in wj
>pink wojak

f..fuck

>>21669649
>Dump incoming

Wrong. Weak hands are being shaken out.

Next stop $23 USD.

Screen cap this.

>>21269722
>18 decimals corresponds to the "granularity" of the chainlink protocol memory capacity

Is there a service providing info in how the LINK token is distributed among wallets? I want to see if normies are really buying

>>20941017
I stayed up all night too, high out of my fucking mind on lsd. I was on chilling on biz, watching it all play out in real time. Giggling like a little schoolgirl while reading the threads about algo traders getting btfo.

I tell you what, there is nothing more comfy than sitting on top of a mountain alone, drinking coffee while watching the sun rise up over the valley below, while simultaneously watching chainlink moon. I'm talking levels of comfy that shouldn't even physically be possible. We are gonna make it bros

>>20520447
>I was hoping for a bunch of extra price feeds
it's more than that
but you'll just have to wait and see for yourself

>>20444854
>would be interesting to have "mathy" videos talking about how consensus algorithm dynamics work
https://eprint.iacr.org/2020/269.pdf

Get in here guys!!! It's really fucking happening

https://cointelegraph.com/news/chainlink-rises-15-amid-chinas-blockchain-network-launch

>>19886096
>DEUS EX MACHINA
https://www.sciencealert.com/physicists-have-reversed-time-on-the-smallest-scale-with-a-quantum-computer