/biz/ - Business & Finance

>he doesn't know that $BTC.D decides

>>25124891
Can't tell if BTC.D has topped out here or if it's about to shoot up to 75%

TA says headed to 104%

>>25124970
Yes huge cup and handle back to 95%

>>25124774
>only 106 nodes in a private KYC network
>out of those, 83 have ran 0 jobs (!)
>only 22% of the network is used
https://market.link/search/nodes

>only 255 data feed available after years of development
>99% are all price feeds
>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
https://market.link/search/feed

Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation with a founding team that still holds 60%+ and does dumps on a weekly basis?

>>25124774
dis you op?

>>25126852
>Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation with a founding team that still holds 60%+ and does dumps on a weekly basis?
Yes.

>>25126852
They do. They’ve been thinking that. They’re retarded.

>>25126852
I can post pasta too.

>only 106 nodes in a private KYC network
It's not a "private network", they're private contracts.
Contracts will always be private, they are whatever the client/contract operator want them to be.

>out of those, 83 have ran 0 jobs (!)
You have no idea what "jobs" means.
The nodes are ALL providing oracle inputs at every single interval (barring some catastrophic temporary event).
Which is their only task.

>only 255 data feed available after years of development
>99% are all price feeds
And they provide the back-end for many billions of USD in Defi.

>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
You have no idea how many times users (Aave, Synthetix, ...) are using the feeds lmao. Only they can know.

>Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation
Valuation isn't about the current state of things, it's about future potential.

>ignores the hundreds of presentations where sergey posts 100 million little cubes representing the entire financial system and the 1 small cube representing DeFi and claiming that we are early
I wonder what he was trying to tell us with those slides!
Face it. All your shitcoins will come down and you will cope

>>25127329
Imagine reaching this hard lmao

Garlinghouse spent years literally saying "price go up" before he actually got slapped by the SEC.
Sergey never even mentions the price of the token, let alone promise future gains.

>>25127387
Ok lets do the test. Did that slide along with the fat scammer yelling "MUH POTENTIAL WE AR3 SO EARLY" led you to an expectation of profit? It did? Then it failed the howie test. Congratz you are holding an illegal securities and you will lose all your money soon

>>25127639
>Did that slide along with the fat scammer yelling "MUH POTENTIAL WE AR3 SO EARLY" led you to an expectation of profit?
The company selling utility tokens being successful =/= leading people to believe the price of the token will go up.

Obviously.

>>25126852
Based.

>>25126852
absolute godly FUD

>>25127891
>>25127925
It's complete nonsense.

>>25127889
Is that why their investors bought even more of the shitcoin when they saw those presentations? The fucking mental gymnastics of this fella lmao im gonna love to see you do those mental gymnastics when the fat scammer gets hit with a SEC lawsuit.
Also, as the SEC already mentioned, creating a forced utility doesnt make it an utility token. The LINK token is not needed but they decided to create it in order to profit as they are doing now with those 1 million link token weekly transfers. Therefore, link is a security.

>>25128090
Sergey never ever said or implied the token price will go up.
All he said or implied is that his company is poised to be successful.
And there is nothing Sergey said or designed that is meant to make the token go up.

What speculators do is irrelevant.
Speculators buy trading cards and children's toys expecting they'll go up in value.

>>25126852
I have to say, this is why I really love this place. I can always count on my friends from /biz/ - Business and Finance to always look out for each other. The sense of commaraderie is really special, there isn't any other place on the internet where I just know my friends on /biz/ will make sure I'm not making any silly mistakes. For anyone new here, the guys here really go above and beyond to do their research on projects like Chainlink. Chainlink is a project that has tricked a lot of people over the years, they've done some really sophisticated tricks to hide the fact that they're a scam. But we have some of the best detectives in the world who uncover the real deal behind projects like Chainlink, they put hours and hours of work to research and share all the weird and shady details going on. These guys are honestly saints, I'm really grateful for their help and support because we're all just a bunch of people from all walks of life with the same goal: we just want to make it. The thing is in order for us to make it we need to make sure we avoid all the bad projects out there just trying to take our money, and the /biz/ community has been saved by these thankless saints for the last 3 years -- always reminding us the dark side of Chainlink. For me, I've been tricked by Chainlink quite a few times, but posts like these always help me out and I make a quick trip to Binance to quickly market sell what I've got. THANK YOU.

>>25128223
I already sent a list of the etherscan transfers with a fully detailed proof of address ownership to the SEC but if you wanna keep coping be my guest. Enjoy the financial ruin that is coming to you

>>25124774
This is giving me
>polls
Vibes
Link chads?

>>25128223
How does Chainlink Labs generate revenue?

>>25128350
>>25128390

Selling tokens has nothing to do with being a security.

In fact, Sergey kept "selling" tokens on schedule, regardless of price development.
Ripple on the other hand specifically timed their dumps to benefit the price. Another nail in the coffin.

>>25124774
>keywords
Cup of coffee. IYKYK

>>25128399
Ever since link broke into these ridiculous price ranges of $8+ sergey has been selling 500k to 1 million link a week. Thats been 4 months now going into 5 months. He has never done this before and you know it. The most he sold was a couple million with thise 700k transfers 2 years ago.
His schedule is "sell when price is high" . The SEC isnt dumb and they can see through the scam. Keep coping

>>25128539
>ridiculous price ranges of $8+
You had 2 years, ripplecel.
>muh SEC
Nobody gives a fuck

>>25128438
They unironically deleted that portion from the whitepaper. Newfags have no clue what’s coming kek

>>25128539
Sergey was "selling" long before and during you absolute newfag.
If anything "sold" more as the price was already dumping than the other way around.
Ripple on the other hand made a point of timing the dumps to benefit the price.

Selling tokens is only the icing on the cake btw, it has very little to do with why the SEC is dickslapping Ripple as a security.

>>25128875
>Nobody gives a fuck
Sure about that? LINK about to suffer the same fate as XRP and join the ranks of other dead vaporware shitcoins

>>25129127
Only difference is: XRP is done by literal billionaire wealthy kikes with huge connections. they'll pay their fee and get away chuckling, shit will go on as always. LINK on the other hand will be buttfucked sideways because it is just a useless erc20 shitcoin developed by two weed smoking jackasses for the lulz.

>>25127107
This.
Clearest response I've seen on \biz\ in days since this ridiculous shit started.

>>25129286
>Clarifies nothing
>Clearest response on /biz/
Never change you fucking brain dead mongoloids

>>25129127
>LINK about to suffer the same fate as XRP
Nope.

>>25124774
Based. Keep dispelling this third rate fud not to help out newfags but to specifically agitate and give the fud spammers and the swingers a hard time. Fuck those greedy fucking faggots.

>>25129443
>Clarifies nothing
>also the sun isn't round

cope cripplet

Sergey ??
Avoid. Totally. Need to know nothing more.

Signed,
A Bitcoin Purist

PS: sneed

>>25124774
link is erc 667 .. the utility is in the token.. there is no way link is a security

>>25124774

DAMAGE CONTROL

Ripple:
Sold XRP tokens to sustain business operations and enrich founders.
Paid for partners with profit from token sales to encourage more token sales
Subsidized partners with token sales so they’d continue using XRP
Office in the USA
Massive supply owned by founding team and company

Chainlink:
Sold LINK tokens in an ICO to US investors to fund business operations
Sells LINK periodically to fund business operations and enrich founders
Subsidizes chainlink network and partners through token sales
Token has no function aside from raising capital for founders and company
Offices in USA
Company and founders hold massive supply

Defi:
Top 4 defi protocols do not use Chainlink oracles. (Compound, Uniswap, Sushiswap, Makerdao) clearly not critical infrastructure.

Chainlink Network:
>only 106 nodes in a private KYC network
>out of those, 83 have ran 0 jobs (!)
>only 22% of the network is used
https://market.link/search/nodes

>only 255 data feed available after years of development
>99% are all price feeds
>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
https://market.link/search/feed

If you think that LINK is not fucked your head is in your ass. LINK is EXACTLY like XRP. The whitepaper is full of false promises of functionality that have not come to fruition for the token. The token has been a fundraising mechanism for years and that is all it has done. It is obviously a fucking security.

>>25126852
markets are foward looking retard.

>>25130871
I think you're right anon, Chainlink is probably the next big coin to get shit on by the SEC. I was a huge bull in chainlink for awhile but since the last few months I felt its lost momentum. After the Ripple situation, all I can think about is exactly what you pointed out on how this all sounds so similar to chainlink, glad I sold my stack back into eth on its last pump to 17$

>>25130871
>Token has no function aside from raising capital for founders and company
>Top 4 defi protocols do not use Chainlink oracles. (Compound, Uniswap, Sushiswap, Makerdao)

but you're wrong

>>25131370
this. token is essential to the protocol and is being used as intended. paying node operators.

>>25130871
Stinky Blackpill

>>25130871
Liars like you will burn in hell.

>>25131566
fudsters never let a crisis go to waste

>>25124774
Sergey & his pozzies talks about price all the time, It literally has it's own subheading in the whitepaper; "The price of a link token should be around the price of a cup of coffee" (paraphrasing).
So yea, unless you can go into a starbucks and get a frattelatte for 11 cents, then they led investors to believe that the price would increase.

>>25124774
Love me some FUD for Xmas. t. swingie