/biz/ - Business & Finance

https://medium.com/cotinetwork/coti-is-deploying-its-global-trust-system-gts-on-chainlink-e440a30eab27

>LOCAL GAS STATION PARTNERS WITH STANDARD OIL

>>15214463
>inb4 literal who
seriously, when the fuck will we actually see some network usage though.

kek chainlink is a bottom fag getting its outlet reamed

>>15214479
Give it time. We're going vertical. The spring is being compressed right now.

>>15214477
Local gasstations unwilling to partner with standard oil. Stock plummets due to inability to provide product to market.

See how this works?

>>15214463
Im tired of eating nothingburgers

lol @ nolinkers who missed their chance getting butthurt that there's a team out there making actual moves while they dream their projects would do literally anything.

>>15214463
WHY ARE THEY NOT USING THE SUPERIOR ORACLE RLC AAAAAAAAH MY BAGS I WAS TOLD RLC WAS SUPERIOR I HAVE BEEN BAMBOOZLED

>>15214463
Necer

Brrrrrrinnnnnnggggg brrrrrriiiinnnnnnnnggggg attention wagie wojak this is your decentralized alarm clock announcing that it is time to wage slave again

>>15214479
>when the fuck will we actually see some network usage though.
After the initial mainnet phase is over.
Read the fucking May 30th blogpost you pleb.
https://blog.chain.link/chainlink-live-ethereum-mainnet-connected-consensus/

>>15214479
dude chainlink is a scam, why do you think the company is registered at Cayman Islands?

There is no direct taxation of companies, which means the team can increase their profits from selling those 700k bombs every 2nd day.

Sorry you guys cannot be helped. If you didn't buy at cent value and didn't sell yet you're in for a slow death, like every other alt coin. Those projects are "invented" to make the teams rich, not to change the world. Fucking morons.

>>15215387
When Link moons I want to start a vidya company, should I go to the Caymans and set up my company there? Thing is if I need to hire programmers and shit, I will need to have offices elsewhere. Can I avoid all tax if my company headquarters are in the Caymens though? How expensive is it to found a company there?

Fuck taxes, Sergey is based and smart for setting up there BTW.

>>15215456
What sort of vidya anon?

>>15215470
I've spoken about it before on /biz/. But I want to make vidya great again. No fucking bullshit pay 2 win microtransaction lootbox season pass garbage. Just make games how they used to be in the 90's, a full product, a middle tier budget, full of creative risks, not a clone of anything popular. Money is passion fuel and I just want to make my dream vidya ideas come to life. But since I am not going to be fucking my customers in the ass with penny pinching bullshit, I will probably make less money than all the big AAA studio's, so I can't afford to be tax raped. Or else I wont be able to make anymore games.

>>15215456
income taxes are usually paid where the employees reside. Also depending on their nationality they might be subject to double taxation.

Sergey is not very smart, check the project's go-code at github. He is just a regular thieving russian, s'all.

reminder that Sergey can dump 1Link/Second for 20 YEARS STRAIT and still have tokens left.

He can dump literally 1 million tokens EVERY. SINGLE. DAY. for 2 years.

>thanks for the money comrades.

>>15215969
350 million of the tokens they hold are for node operators.
That's more than half of the amount you're using for your "calculations".

Also, Sergey can buy Chainlink's way to the top.
The higher the price, the more this is true.
Don't be jealous.

>>15215591
Also if your offices and employees are in the USA, you owe to the IRS, no matter where your "company" is incorporated.

The reason Google, Apple, etc get away with incorporating in Ireland is because they have offices with hundreds/thousands of employees in Ireland.

Sergey has no offices or employees in Cayman. If he's not paying taxes in the US, he's doing tax evasion. Though he probably doesn't care, he's gonna be in Russia with his millions in a few years away from all this.

>>15215997
>350 million of the tokens they hold are for node operators.
Nope, they are unlocked and can be dumped any time they want.

Also even without those tokens, Sergey can still dump 1Link/Second for 10 years strait, or 1 million LINK per day for 1 year strait.

You've been scammed and will hold all the way down to 0.2

>>15215997
>That's more than half of the amount you're using for your "calculations".
also why are you putting calculation in quotes? Are you too low IQ to do the math yourself and realize what I said is a fact?

seconds in 1 day = 86,400
seconds in 1 month = 2,592,000
seconds in 1 year = 31,104,000
seconds in 10 years = 311,040,000
seconds in 20 years = 622,080,000

>>15215998
I don’t understand how this is bad even if it is true? Rich elite have been doing this for decade, this is what happen when tax and regulation are to heavy on them.

>>15216013
Still x8 during bear market, don’t see the scam, sry if you don’t buy when you should

>>15216013
>Nope, they are unlocked and can be dumped any time they want.
See pic.
Protip: it's from BEFORE the 2017 presale.

Imagine being this much of a raging newfag.

>>15216027
>why are you putting calculation in quotes?
Because it's based on 650 million, and not 300 million like it's supposed to.
Retard.

>>15215997
or maybe you're a paid pajeet that Sergey employs to scam neets? There's nothing organic about the LINK shilling. It's the same few guys spamming the same shit in every thread.

>>15216041
Same guy that talk about chainlink in google and oracle Twitter account

>>15216039
You are 100% a paid pajeet. This graph proves nothing. The tokens are unlocked (look at the code) and be be dumped any time Sergey presses the button. Now fuck off to some other thread and make your 50c for lying.

>>15216053
>This graph proves nothing.
This graph is literally what Chainlink put up before the ICO.
cope

>The tokens are unlocked (look at the code)
They were never locked.
Doesn't change this: >>15216039

>>15216062
And so what ? He can put x3 token on the market, we will be at x3 since our first buy kek
Sry for you if you didnt buy early

>>15216062
Sergey is lying. The tokens are unlocked. He can dump ANY. TIME. HE. WANTS. The entire 650mil. And he will once he runs out of money. He has no fiduciary obligation to anyone but himself and the team. He will dump and keep the money. That is guaranteed.

>>15216053
>look at the code
>press the button
Ok

>>15216071
>He can put x3 token on the market, we will be at x3 since our first buy kek
Nice English.
I could almost make out what you're trying to say.

>>15216076
Yes he can and so what

>>15216053
>Surely Sergey will decide to dump the tokens and nuke his whole project for no reason except just because

>>15216076
>Sergey is lying.
k

>The tokens are unlocked.
They were never locked.

>He can dump ANY. TIME. HE. WANTS. The entire 650mil.
See pic in >>15216039

>>15216090
And what’s the problem ?

>>15216090
>>15216082
>>15216086
>>15216096
>Sergey owns 65%
>Sergey can decide to dump it all if he wants
>They are already aggressively selling
>Linkers: this is bullish
you guys are paid pajeets. No one is that stupid in real life

>>15216096
I don’t think you are a fudder, you are one of those guys on tg whining. Please sell your bags and leave. Let the smart autists do the fudding.

>>15216101
We don’t care if he dumps 650M. Chainlink is the future, smart contracts will change the world. He can dump 1B tokens, it will not change the fact that chainlink will cost hundreds $ in some months

>be normie
>listed on normiebase
>normiebase seal of approval
good enough for me.

>>15216053
>>15216041
>>15216027
>>15216013
>>15215998
>>15215969
Dude you are trying way to hard and it's cringy. Just stop.

>>15216101
>assuming Sergey is an irrational actor in this game
I know you're fucking with us but still

>>15216062
>>15216082
>so what if I put money into a centralized funding token???
>this unaccountable crypto team said they weren't going to dump on me and I believed them
>they said they wanted to change the world, I don't believe they just wanted to make tens of millions each

Are you mentally retarded? Is the average LINK bagholder 14 years old?

>>15216101
>Sergey owns 65%
Over half of that 65% is earmarked for node operators.

>They are already aggressively selling
Just like Bezos makes a point of selling 1 billion USD worth of Amazon stock every year.
And Bezos sold nearly 3 billion USD worth just last week.
https://www.cnbc.com/2019/08/01/jeff-bezos-sells-1point8-billion-worth-of-amazon-stock-in-three-days.html

It's how companies are funded.

>>15216139
>you must assume this is a scam, OR ELSE!!!

>>15216164
>assume

I'm sorry you can't see objective facts and choose rather to side with anonymous posts on a cartoon website for truths about russian crypto scams.

>>15216191
>it's a scam because I say so, this is objective fact

>>15216144
>Over half of that 65% is earmarked for node operators.
>comparing a bunch of 23 year old script kids running a pseudo-company out the Caymen's to a multi-billion dollar American global company

This is what link baggage handlers actually believe.

>>15216204
Of course I'm comparing them.
They're both using similar funding methods.

>>15216203
>its not a scam because I FEEL like its not :(

>>15216214
So you're admitting, right now, that LINK tokens are a security, like Amazon stock is? He's funding Blue Origin by the way, not Amazon.

>>15216191
You can't into game theory

>>15216215
>PLEEEEAAAASE believe me!!

>>15216225
>So you're admitting, right now, that LINK tokens are a security, like Amazon stock is?
Being a sellable asset =/= security.

>He's funding Blue Origin by the way, not Amazon.
Bezos funds both by selling stock.

>>15216240
>N-NO BELIEVE *ME* PLESE I NEED THIS RUPEE
>Its a utility token but, but.. its used for funding right now but, its issued by them which means... but hold on they said..

Back to the Chainlink Discord Marketing Strategy chat. You're fucking up all over the place. You don't even know what angle you're paid to defend anymore. ICOs are securities, utility tokens aren't funding tokens. Its very simple. Please continue to spaghetti your way into a deep hole that you can't explain.

>>15216261
Holy shit, you're actually losing it lmao.
Never won an internet argument this easily before.

>>15216261
>>15216225
Do you really think that your FUDpost will be the one to make it go sub $2?

Nah. If Link was a security it wouldn't be on Coinbase.

>>15215507
>not a clone of anything popular
Everything good had a precursor. There is something that predates all the big games even back in the 90s. It's good because you riff off the existing designs and improved them. I'm doing the game Dev thing too Anon, but planning on no physical offices for staff and mostly working remotely.

>>15214463
who

>>15216308
Yeah of course, you can never be completely original. What I meant was no following meme trends or suddenly changing an established series to be more like a current popular craze series. Mainstream gaming is way too homogenized because of that.

Also how will you deal with communication issues with remote workers? I was thinking of doing that for maybe the first few games when I am just starting off with small projects, before I've got the funds to get a proper place, but I want a traditional studio eventually.

>>15214477
cheecked, another one, hundreds of them

>>15214463
Memeflag