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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23904066 No.23904066 [Reply] [Original]

I can't believe someone from the livestream chat asked about the coffee standard and Patrick confirmed it. I've held Link since ICO and I just sold it all. It's unironically over.

>> No.23904106

hope for inflation to make coffee worth 1000$ KEK

>> No.23904114

>>23904066
who is patrick and what is the coffee standard?

>> No.23904132

>>23904114
It’s FUD. it’s literally fake and not worth getting into.

>> No.23904210

>>23904114
Patrick is an engineer at Chainlink. Streamed a node setup with GCP demo at the Baseline conference this morning with John Wolpert and somebody from Google. John brought up a question from chat about the "fake" coffee standard (Chainlink is intended to be pegged to the price of a cup of coffee) and when John read out "Hey Patrick, someone in chat thinks the coffee standard is fake, do you want to speak on that?" They both started laughing. Patrick went on to explain that for Chainlink to work as intended the price shouldn't be over $4.50 USD and they expect it to adjust back down within a couple of weeks (as it's been designed to do). If you think I'm lying you can go to the stream yourself, it was about 35 minutes into Patrick's presentation. The link team doesn't give a shit about price, nor should they.

>> No.23904664

>>23904210
post source then

>> No.23905168

>>23904210
Wait, is this really true. This is really worrying for me as a 3k Link holder. Maybe I should sell and buy something better like Band protocol

>> No.23905200

>>23905168
you mean ocean protocol

>> No.23905252

>>23904664
https://youtu.be/yC5MtwfVDLc Here's the stream. Go back about 2 hours
>>23905168
I wish it wasn't true, but it is.

>> No.23905259

>>23904210
share the stream then

>> No.23905275

>>23904066
Thx just bought 100k

>> No.23905308

>>23905252
I can't find it

>> No.23905495

>>23904210
The thing is people have a right to be annoyed, Patrick has already said that they made mistakes with the governance token to let it get that high and they had to lose collateral fast. I have heard stories behind the scenes of running around like headless chickens as investors of so annoyed at the weekly 500k dumps to get it back to the coffee standard. For December they are stepping back to 700k dumps but I will buy back in at 4.50 as it’s so badly coded it’s easy to see it going up by accident again in feb/jan

>> No.23905551

>>23905308
Keep looking

>> No.23906121

>>23905551
kek

>> No.23906237
File: 161 KB, 1200x797, 7h78h78h787h787h78.jpg [View same] [iqdb] [saucenao] [google]
23906237

>>23905308

its definitely there. he says it really quietly under his breath and his mic kinda distorts at the same moment but its there

>> No.23907124

Bought more linkies, never selling

>> No.23907182

>>23905495
Yeah if anything I'll buy back when it hits $4.50. I remember the breadcrumbs from about a year back saying that they failed with coding in their hard cap at $4.50 and it unintentionally bounces to $5.40, so it'll be a quick $.90 bump before it dumps again. There are far too many failures for an open source project, you'd think they'd listen to programmers telling them "hey guys there's more than a handful of critical flaws" but maybe that's asking too much. No wonder they have to expand the team. They're in over their heads. That's the second biggest sell signal to me.

>> No.23907223

>>23904210
Holy shit if you listen a little bit further into the stream, he corrects himself and says the price should be 45 cents to work as intended and they plan to sell off their supply until that price is reached.

>> No.23907242

>>23907182
>>23905495
>>23904210
Is this some elaborate fud? Link to the conference plz

>> No.23907255
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23907255

>> No.23907401

Fucking crazy actually listening to it. I might sell half of my stack just to get ahead and then wait.

>> No.23907429

WHAT THE FUCK

>> No.23907540

THANKS JUST BOUGHT 100K stinkies

>> No.23907603

>>23906237
If you can't pinpoint the time it's all just an elaborate trolling.
suck my dick i won't waste my time on this

>> No.23907666

>>23907603
op literally said at the 35 minutes mark

>> No.23907674

Did you just make me sit through 2 hours of the shiftiest fucking demo I’ve seen in a while

>> No.23907755

>>23905551
>>23906237
$15 eod. Dubs confirm.

>> No.23907766
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23907766

>>23907755

>> No.23907837

>>23907766
>>23907755
checked

>> No.23908659

>>23907755
>>23907766
fud BTFO

>> No.23908754

>>23907766
>>23907755
checked

>> No.23908930

>>23905259
Gotta wait for baseline protocol to upload it. It is still going on I believe. Weird hours because these assholes are on Singapore time.

>> No.23909081

>>23908930
Can't wait til they upload. It was insane. For a minute the camera panned to a 500 lb Sergey covered in McDonald's wrappers and paper yuan. This shit is getting so crazy.

>> No.23909133

HOLY SHIT A CUP OF COFFEE JUST FLEW OVER MY HOUSE AND DUMPED ON ME

>> No.23909846

>>23909133
are you ok, bro? they serve that shit too hot IMO.

>> No.23910163
File: 428 KB, 1024x576, IMG_1642.jpg [View same] [iqdb] [saucenao] [google]
23910163

PATRICK BETRAY

>> No.23910236

What times the Google presentation? How do I watch it?

>> No.23910302

>>23910236
you missed it but you can scrub back on this video to see it
https://www.youtube.com/watch?v=yC5MtwfVDLc&feature=emb_logo
it wasn't very good desu
Patrick had to leave before he really finished and wolpert was part of the problem because he wouldn't STFU and I say that as someone who likes him generally
this wasn't really meant to be the public unveiling
it was like a sneak peak for corporates and developers which is why it wasn't really marketed at all
but look at all the tutorials Patrick has done recently
how much do you want to bet there's one in the pipeline on exactly what he was trying to show this morning?

>> No.23910351
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23910351

>>23904210

>> No.23910412

>>23904066
let the retards be retards

>> No.23910485
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23910485

>>23904210
Fuck it’s over

>> No.23910518
File: 69 KB, 1054x526, pepe sings.png [View same] [iqdb] [saucenao] [google]
23910518

Dear Serg, I bought LINK but you won't stop dumpin'
I filled my wallet and ledger last March at the bottom
I sent two big macs in autumn, you must not of got 'em
There probably was a problem with the gas prices or somethin'
Sometimes I type addresses too sloppy when I jot 'em
But anyways, fuck it, what's been up man? When's $1000?
I hope EOY, lotta FUD on the board I've been browsin'
If it pumps further I'll just walk out on my employer
I'll never have to worry
I read about Zeus Capital, I'm sorry
I had a Jeet scam me with some coin I thought would moon
I know you probably hear this every day, but I need a milly soon
I even bought that sui stack with my last couple grand
I got a drive full of LINK memes and your pictures, man
I like the shit you did with SWIFT too, that shit was phat
Anyways, I hope you see this, man. Hit me back,
Just to chat, truly yours, what it is,
This is /biz/

>> No.23910537
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23910537

DEAR MR. I-DUMP-SEVEN-HUNDRED-THOUSAND-ON-MY-FANS
That'll be the last link I'll ever buy from your ass
It's been three years and still no grand - I don't deserve it?
I know you saw my last two posts
The reposts on your twitter that you checked
So this is my shitpost I'm sendin' you, I hope you read it
I'm on coinbase right now, I'm about to market sell
Hey Serg, dare me to do it, we still vertical?
You know that vid by Bizonacci, "Bogged?"
About that guy who coulda helped that other guy make it
But didn't, then Bog had him killed, then found another target?
That's kinda how this is; you coulda helped me make it
Now it's too late, I've tethered thousands now - I'm swinging
And all I wanted was the 4th industrial revolution
I hope you know I threw out all the memes and that I'm done
I loved you, Serg, we coulda made it together - think about it!
You ruined it now, I hope you can't sleep and you dream about it
And when you dream I hope you can't sleep and you scream about it
I hope your token goes to zero and you can't breathe without me
See, Serg - SHUT UP RORY I'M TRYING TO TALK
Sergey, that's your community manager in the trunk
But I didn't betray him, I just tied him up, see? I ain't like you
'Cause if you dump he'll suffer more and then he'll dump too
Well, gotta go, I'm almost at coinbase now
Oh shit, I forgot, how am I supposed to cash this shit out?!

>> No.23910552

>>23910302
Thanks for the qrd anon appreciate it

>> No.23910583

>>23904210
Fuck. This is annoying.

>> No.23910644
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23910644

>>23910537
>Oh shit, I forgot, how am I supposed to cash this shit out?!
I fucking lost it kek

>> No.23911443

>>23904210
>The link team doesn't give a shit about price, nor should they.
all they care about is the hundreds of millions of link they've already sold and the mansions they bought with it.

>> No.23912100

Dang I remember this fud right before we ran to 20$ I unironically just bought 1k more wish me luck lads