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/biz/ - Business & Finance

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25980062 No.25980062 [Reply] [Original]

Why do you guys pretend that this is bullish. They are literally only talking about simple price feeds. Pathetic

>> No.25980094

>not using LINK exclusively for crabbing

ngmi

>> No.25980117

>>25980062
Because it's fucking critical infrastructure underpinning everything you faggot

Imaging having smart contracts without Etheruem, it wouldnt work. Not imagine having any useful applications of smart contracts without Chainlink, it wouldnt work.

>> No.25980129

>>25980062
seems like you're scared of something there anon

>> No.25980447

>>25980062
Because most people here are now indians and eastern europeans with 80iqs.

>> No.25980897

I fucking hate chainlink and price feeds are a joke
However they are talking about proof of reserve which could be important. Still not implemented, but, if they do, it’s something

>> No.25981123

>>25980062
>Paypal gets its crypto prices from Paxos
>Paxos just partnered with Chainlink for its own price feeds

Yeah, if you don't want to see where this is going, you're just a seething swingie and nobody respects you.

>> No.25981164
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25981164

>>25980062
It's not. We're just pretending. The last 6 months have been disastrous for Link, all its price dynamics have been invalidated, we're never seeing ath again, let us have that at least.

>> No.25981398

>>25981123
We get news like this every days. It just means that they spin up some new price feeds and that's it. The price doesn't even move since no one is actually using the price feeds.

>> No.25981474

>>25981398
We don't get news about partnerships with projects that supply prices to Paypal, no.

Fucking lol, my dude.

>> No.25981480

>>25981398
Thats why Chainlink is valued at 7 billion marketcap and why linkpool network went up up up this month with 500k link rewards

>> No.25981620

>>25981480
Chainlink should be valued higher since it secures $10B in defi, at times reclusively so should value even higher. XRP doesn't have a single higher end users, it's a crypto exclusively for moving tokens around and has a market cap $10b greater. You will see chainlink at .01 Sats each by the eOY

>> No.25981771

>>25980062
>>25981398
Also, Paxos is a federally regulated bank, and now Chainlink is providing Proof of Reserve for them.
https://www.coindesk.com/paxos-becomes-latest-crypto-firm-to-file-for-federal-bank-charter

Banks are now allowed to trade in stablecoins: https://www.coindesk.com/occ-banks-stablecoin-payments
So Chainlink is poised to provide Proof of Reserve for all banks and institutions that will deal in stablecoins.
The Fed, the EU, France, ... have all shown a definite interest in stablecoins.

This is getting to be pretty huge.

>> No.25981942
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25981942

If God was a crypto, He would be Chainlink!