/biz/ - Business & Finance

>>29828581
A vast majority of the supply is being moved from CEXs to private wallets and staked on uniswap dex clones
>https://www.viewbase.com/coin/chainlink
A useful website that most anons should bookmark to watch flows of coins from exchanges.
>what are the dev wallet dumps?
Every 2nd week Serg/Big dev wallet sends 700k+ Stinkers to binance to be "Sold" on the open market.
I don't think this is entirely true as we don't see the amount of link being sent into binance leaving, rather I believe these as being moved into nodes.
Currently the cost to run 1 chainlink price feed node is in the ballpark of 500k-700k USD per month with current ETH and infrastructure.

>Should I just sell my chainlink then since I can get x1000 on random alt coins?
Sure, if you think thats the faster play to getting rich then be my guest. You could alternatively lock your current link in staking pools or vaults like yaxis up and coming vault. You can use it as collateral for aave loans the list goes on.
Just keep in mind bot suppression can be turned off at any moment, and we may be allowed to moon finally. I guestimate we should be $50-60 by April. The team delivers real value unlike most shitcoins.

>>29828581
The Great Suffering is upon us.

https://www.youtube.com/watch?v=cooh9qXDlxI

>>29828581
I genuinely don't think there's any suppression - just huge downpressure from token sales and chinese buyers hate it.

>>29828581
just look at the link/btc pairing and the 7 day MA they are keeping it just below it

>>29828600
>viewbase.com
nice thanks

>>29828600
Moving link to nodes via binance would by definition involve that volume leaving.

I don't trust a smart contract or a fucking cex to hold my linkies. People put their tokens in these pools or sites then bitch about price suppression. guess where they find the liquidity to suppress the price geniuses

not your keys, not your crypto

>>29828732
This I disagree after witnessing binance/huobi orderbook api buys/sells of 0.1 link being bought and sold to deliberately print candles to fake volume. Not to mention the countless times Maintenance periods during times of high traffic when chainlink passes critical TA indicators.
>TA is a meme
Depends on the coin and who is having a bad day really.
>>29828785
Enjoy I found this useful in the past.
>>29828799
I initially thought this, which could be supported by the weekly and monthly withdraws of link from binance but there could also be a solution in place that obfuscates funds being moved around from hot wallet to node wallet.
>>29828896
I agree 100%. If more link wallets didn't send everything out to LPs or random smart contracts for farming I would expect to see more price movement.

>>29829131
But every token has exchange wash trading - I'm not sure link has any more than most other projects. If we were being harshly suppressed you'd expect to see spikes when we break through resistance levels but every time we just limp up $1 then maybe hold there or fall.

>7 figure hell

>>29828581
>>29828600
>>29828690
>>29828732
>>29828760
>>29829131

>>29829392
Anon if your in 7 figure hell getting to 8 figures so t going to do shit. Sort your life - you shouldn’t be feeling hell with 7 figures I get that it’s still not made it but youre one 10X away then you’ve truly escaped

>>29829682
I was in 7 figures hell 2 days ago when Fantom pumped. now its gone. The "hell" is having to decide what will hurt most, cashing out and watching it pump knowing you missed out, or holding it when it crashes while you are either sleeping or not home so you can't sell and miss out.

Imagine staking comes out, do i have to keep my linkies on a cex to stake?

>>29829868
I entered 6 fig hell briefly around a week ago and now I'm below 80k.

Such is life as a stinky linkie. I want to buy into other shit so badly but I could realistically only put in around 3k more. It's such a small fraction of my portfolio that I'd rather not, I'll keep some liquidity around in case shit really crashes.

Linkies on FULL suicide watch

>>29830108
no, but cexes will likely compete to offer staking services

>>29829131
Good info. Say I wanted to borrow $100k from aave in usdc while waiting for link to moon. About how much collateral of link would I need to not worry about health factor too much? Like $300k at current prices?

>>29828581
>Most chainlink holders are stuck in 6-7 figure hell
h-haha, yeah...that gosh darn six figure hell, am I right guys?

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>>29830227
You get used to suffering. I did, a long time ago. No suicide watch for me.

>>29830337
Truly, this organic and genuine post has convinced me to invest in NEXT Chain (ticker:$NIG), the next generation of blockchain technology from Uttar Pradesh.

>>29830294
on AAVE you can borrow max 70% of link collateral, and get liquidated if loan value goes over 75%.

It's still so stupid to think I'm gonna be a multi millionaire just from shit posted on 4chan

WAGMI everyone, I have top news, Bot Ocean algorithms will be Q2 2021

don’t use this shitbots that every nibba try to shill here

Don’t go for their ref links and etc, ths is STUPID SHIT

>>29830337
Walter - a strong white man's name if I ever saw one. This makes me implicitly trust you and your token. Unlike if your listed name were to be something like Ranjesh or Ping.

>>29829868

Its 7 fig hell because 7 figs isnt enough to cash out and retire young, say, 27, and live off of interest after reinvesting for a decent middle class or more life. Once you get enough for 100k passive income (3% a year of entire portfolio, so around 4MM before taxes.

1 million is worse than 6 fig hell

Link will 10x this year.

>>29830337
I have not done any research on next chain so I can't answer any questions but your writting style is already setting off a lot of alarm bells please create your own thread.
>>29830227
I've held since ICO, nothing you post can deter me.
>>29830323
You can do it, we all have different starting points find low cap coins below 1 mil and go from there...if I had to pick GIL/arte/dfohub tokens might be worth it I'll keep on the chainlink manipulation topic.
>>29830964
Currently I sit mid 6 figure due to poor swinging and being impatient.
If I could achieve this I would quit working entirely but until staking most will just have to gamble in the erc20 casino.

>>29830337
Fuck my wife Walter

>>29828581
>>29828600
Greyscale just created a trust for LINK investments as well as other holdings. No guarantees on them choosing to move forward and buying in but its certainly bullish LINK was included.
>https://www.globenewswire.com/news-release/2021/02/26/2183479/0/en/Grayscale-Investments-Announces-Exploration-of-New-Investment-Products.html

>tfw the bot suppression finally stops

>>29828581
suppression, holy shit. the link community was the greatest. now it's just xrp 2.0
i guess the best way to capitalize on this is long biotech that makes schizo meds
it's over bros. you guys ain't the same guys i met years back.
try and get some sleep or something.

>>29828581
I don't know what to say anymore OP. I'm at about $400k. $1m and I'm ready to cash out like 15% to move out and start a complete new life where I can wait 3 years for LINK to reach $500+ with staking. All I need is that $60 or so LINK. However LINK is about to drop from rank 9 to rank 10 if XLM pumps another 5% or something like that. It's something fascinating really how the only useful thing in crypto with huge potential and a good track record team just doesn't pump in a bull market.

>>29831738
I can tell you're not an OG.
You're probably not in any discord groups either.
If anything you probably hold only top 100 coins.
>>>/leddit/

>>29828581
For months now, Chainlink pumped the least and dumped the hardest.
I’m going insane at this point.

>if price goes down things will get better

t. CEO of WEF

>>29832050
>being a discord tranny
God I fucking hate everyone who uses Discord with a burning passion. Worse than reddit. Worse than facebook.

Psychic here. When I buy a token each one gives me a vibe, like it has a spirit of sorts. Chainlink gives me bad vibes so I had to ditch it.

>>29832168
This absolutely, utter gaymer trash, cringe avatar board.

t. OG not on discord

>>29832035

Well this is the problem really. Everyone wanting to cash out some at $60 LlNK. Also sergey dumping which i hope stops after the dev wallet runs out of tokens

>>29832088
Because it mooned you fuckwit. It's currently resetting to normal.

>>29828732
>I genuinely don't think there's any suppression
Pic related was Binance at 6AM EST
>(1/2)

>>29832326
... okay?

>>29832290
Theres plenty more wallets where that one came from chief

>people actually believe the suppression doesn't exist
I bet you don't even understand how selling fire insurance works, do you?

>>29828732
>I genuinely don't think there's any suppression Pt 2
>>29832326
All these totally real buyers and sellers sure love the number 25... not to mention they kept this up for about an hour before eating up every sell wall to $26.30

>>29831569
When will you learn. Something that is bullish always has the opposite effect for LINK. So fuck Grayscale, they’ll be responsible for us dumping even more.

>>29832362
>thousands of LINK being sold in batches of 25 for hours on end moving the price up and down 2% in each direction while accumulating average seller’s sell orders

For a good 20 minutes there wasn’t a single order that wasn’t in a batch of 25. That’s not natural market movement — tbf there’s nothing illegal about it but to say the price isn’t manipulated is ridiculous there’s just too much proof

>>29832414
Not only is this no different to any coin trade history but if anything it's slightly LESS suspect as the volumes are exactly what you'd expect for people just making quick market buys/sells.

>>29828600
>uniswap dex clones
Bancor dex clones u mean

>>29832470
My bags are open and ready to accumulate.
>$10 plz

Where is WhaleKiller when we need him the most bros...

>>29829868
There is no way out anon, both sides of that coin fucking suck.

>>29828600
>Currently the cost to run 1 chainlink price feed node is in the ballpark of 500k-700k USD per month with current ETH and infrastructure.
This really doesn't sound good. This sounds devastating, can anyone whitepill me on this?

>anon Chainlink is the future
That's great.
>anon the God protocol though
Yeah that's fuckin great
>anon OCR and don't worry staking is definitely coming
Ok yeah fucking great
>anon the 4thIR
I don't give a FUCK. I would like to move out. Hurry the fuck up you fat fucking mcbagger I know you're here reading this shit after the 0.9.10 release you fat bitch.

>>29830488
Jesus christ, imagine doing this on purpose with shit as volatile as crypto.

>>29832509
I can definitely see us getting one more solid dump to drag us under $20, $10 would be pretty insane kek. You never fucking know though, wouldn’t say it’s impossible in this dumb clown market.

>>29832602
I take it youre new here....

>>29832635
Based. Some of you faggots really don’t understand. We’ve been struggling for years and we want to just get our own fucking place.

>>29832695
No

>>29832476
Are you joking?

>>29830964
>1 million is worse than 6 fig hell
This is true in the sense that its close enough that you start to believe it can actually happen....last weekend when btc went nuts i was at 1.9m and literally was completely dazed, totally distracted. Weird, barely more than a 2x away from totally making it....

>>29832702
kek I don't even have my own proper room lmao

>>29832702
Like goddamn dude, I fuckin understand I'm gonna be a billionaire in ten years. I also fucking understand I want to move along NOW.

>>29832663
Wouldn’t be shocked if we saw a scam wick down to $16 followed by a quick rebound to $20-22 like we saw this week when we dipped to $21.50.

If we do see a scamwick though it‘s likely a whale group trying to trigger liquidations for a quick bag fill up because retail is starting to buy in force
>retail and non-dolphins are largely tapped out atm (on average)

>>29832796

If I ever get to 1M I’m taking half and buying land in the great white north so I never have to see a nigger ever again

>>29832317
>Link mooned
Shit like BNB and ADA mooned multiples of Link’s gains, and they are allowed to just go crazy while Link gets suppressed every step of the way.
Stop being this incredibly new.

>>29832663
If it hit $10, it would liquidate a lot of AAVE loans, dropping it a lot farther.

>>29832930
People said this on the crash from $20 and we met good support at $8.

>>29832741
Not at all. There was a LINK /comfy gen/ for about 12 hours yesterday where anons said to watch Binance early in the morning burger time. Shit was insane, could have gotten 30+ screenshots like these
>>29832414
>>29832326
Market makers and liquidity providers have always been a thing but this was the equivalent of picking at scraps a few small retail investors decide to sell off.
>nobody was buying or selling beyond the bot lol

>>29833022
do u have the link to that thread?

>>29832326
How can we profit off this

lmao
what are you waiting for?
still don’t know about fucking great Justliquidity??
>>how dare are u? how can u use farming on erc?
Follow great yield farming on Binance Smart Chain

>>29828732
>I genuinely don't think there's any suppression
pic related

>>29832741
>>29833022
Which can indicate a whale or market maker isn’t getting the amount of sell orders they’d normally expect so they’re just propping up the market waiting.

Then all of a sudden around 7AM EST someone started aggressively eating up the sell walls. Anons in the last bread said it’s been happening all week (and likely longer it just wasn’t discussed)

>>29831238
>will just have to gamble in the erc20 casino.
I don't think its worth gambling on shit tokens if you have 6 figures in chainlink atm

>>29833022
>>29833077
>>29833111
gotta check em and have a bump

>>29833111
I don't get it.

>>29828600
>uniswap dex clones
anon i...

Market maker here. Just having breakfast with uncle oldf

>>29833077
Gotchu fren

Link to bread
>>29764278
>>29764278
Some of the many posts discussing price manipulation
>>29766996
>>29768852
>>29770108
>>29772069
>>29773499
>>29793187

>>29832594
Calling captain Ahab

>>29833298
tfw you’ve always traded the exact opposite of uncle oldfag and made profit
>then one day he calls it spot on and we dump from $36 -> $25 kek

Chainlink is going to totally miss out on this bullrun isn't it?
Fuck I can't wait another 3 years, what a fucking waste

>>29828581
>link will dump the hardest

*dumps harder*

>>29832642
i've made more than twice your salary this year already doing this. fucking midwit

>>29833022
You actually have to be joking anon, please. I will market sell all my link IMMEDIATELY if you are being serious.

>>29832876
a beautiful dream

>>29833553
Read the entire bread before you dump. The reasoning anons came up with for a scam wick dump is because a whale group / market mover is overextended and a second or third group are punishing them by buying up all their liquidity.

If retail investors get some steam back in the engine and the whale groups buying everything up hold out it’s moon time. Can happen at any moment but again; read the entire bread and spend a day looking at the charts yourself before making a decision.

>>29833658
I'm not going to bother reading a thread from someone who thinks the PRICE of orders was the order size and suspicious as a result.

>>29833553
We just broke a $26.20 sell wall

>>29833701
Multiple anons were involved but it was more about active price suppression within a preset range across a long period of time.
>do whatever you want anon I could care less lol

>>29833553
>extremely rich and well informed people are doing everything they can to accumulate as much LINK as humanly possibly
>big sell signal

Unironically ngmi

>>29832842
And the thing is I'm not asking for a fucking 100x or whatever now. a 5x is good enough, I can achieve my short term goal of moving out while still keeping the vast majority of my stack. Scams have done insane pumps so far and LINK hasn't even managed a 2x from the pre-bullrun ATH.

56k anon here. No doubt 7 figure purgatory hurts but when u got 56k you can't be dislodged from your first million until 17.85$. No matter how hard the whales dump I don't flinch cuz they never gonna get there.

I get 1200 dollars usd on celcius a week now too in link and it's just makes me so happy I can get to 75k link in 3 years

>9 dumps at $35 all day
>manages to just barely creep past $36, almost hit $37
>violently dumps down, entire day might as well have just been deleted from your memory

>>29833766
If you wanted that then show atypically large volume, repeated dumps to keep it under certain levels, especially price action not reflected in BTC or ETH. That shows someone is intentionally trying to keep link below a certain price.

It's literally demoralizing as fuck to think a whole thread were watching orders go through at $25 and think there was a conspiracy of 25 link buys and sells.

>>29834032
explain this sherlock

>>29833773
I've found i've kept sane by having some other token to follow. Not going to shill any particular one but i sold 1/20 of my link stack at $35 into something else and it's nice to follow that and not pay attention to link whilst it's floundering around.

>>29834112
The financial form of shitposting

>>29834032
How are anons discussing consistent sell orders of 77.77, 44.44, 23.45, 1.47, etc indicative of them watching the chart stagnant at $25? Maybe you’re reading it differently or perhaps anons started one way and corrected themselves idk still need my morning coffee.

KuCoin all morning was flooded with 2.37 LINK buy and sell orders for about an hour before the pop back to $26. All good either way, if it’s not apparent the price is suppressed then Godspeed to you on your conviction

>>29834112
Looks like someone parked a fat sell wall on $26. I'm sure you could see it on the books. If it moved after becoming clear it was being eaten then it was intentional suppression, if it got completely consumed it was just some whale selling.

I don't have any issue with evidence of suppression or manipulation - it's just the misunderstanding of basic orders that disconcerted me.

I'm siding with the schizos here it's too fuckin suspicious how Link is the only e20 to do this shit price wise

>>29834164
Nice one, I'm too much of a pussy to try that now. Just feels like most shitcoins are already pumped to hell and the second my buy order goes through it'll dump. I've been bogged too many times in the past to try again.

>>29834288
It stops being schizo after you watch it happen several times with the same exact conditions present

>>29834379
Anon it never stops being schizo, but that doesn't mean schizo = fake.

>>29834209
I didn't read the thread but looking at the order book you posted there's not really anything suspicious in the order sizes, there's some repetition which could be bot action, a while ago people theorized some of this could be drip selling of the binance dumps. It probably is bot wash trading but this is really the norm for crypto, you see that on every token. As said you'd have to show particular repeat high volume dumping patterns at specific levels to support intentional suppression. Even then it would also help to prove the opposite isn't happening as well in order to make wider claims about manipulation.

>>29831738
Link schizoids need to start a regimen of the nicotinic acid form of niacin. It’s the cure and the truth has been suppressed for far too long. Schizoids are overmethylated with copper toxicity. Wouldn’t hurt to add zinc to their regimen, but niacin is the key.

Friends, I would like you to hear me out for a moment. This screenshot was just taken showing the LINK/USDT chart on Binance. Now, here comes by daring, bold and brave prediction: within 5 minutes Chainlink (ticker: LINK) will start dumping down to $26, where it will shortly go back to $25.

>>29832050
>discord
enjoy your datamining botnet retard

>>29834688
Then sell.

>>29834792
No.

>>29834725
>*shits out her eggs*

>>29830964
7 figure hell is not worse than 6 figure hell - I know where I’d rather be Anon. And you do to.

>>29834688
we need Sergey to dunk on the whales with some huge news

>>29835037
But that will make it dump even more, though.

>>29835104
not if the good boyo whale group says so

>>29835181
We all know what's going to happen...

>>29834688
And there it is...

>>29835386
Look at the fucking sell pressure when they push it down kek, fucking faggot whales.

What can be done about the whale problem?
I genuinely want to crush the faggot's fucking windpipe for making LINK miss the bullrun.
If I had names/addresses I'd genuinely murder this fucking whale cunt responsible.

>>29835497
You could start by taking out CZ on his Minecraft server.

>>29835595
Why does that yellow chink faggot hate Link so much?

>>29834463
True, schizo just has a negative connotation
Idgaf what people think of me, I know I'm right

>>29835707
I wish I knew, friend.

>>29834688
>>29835386
Like clockwork lmfao

>>29830964
If I was still stuck in 7 figure hell in 2021, I'd convert everything to ETH and send all it to this address:
>0xdEfD23276b60e97Af762E2689C71e71C1EbAbE11
And then kill myself.

>>29835497
someone on /biz/ must know something that can lead to them, they are definitely sometimes on /biz/. i mean if we can piece together breadcrumbs and find link we can piece together breadcrumbs about them and make them feel the pressure

How about a four-figure Eden of Hope

>>29835497
>>29835439
>>29835181
Why exactly are whales targeting chainlink specifically? This just sounds like cope to me.

>>29836576
because link is the most important piece of technology on crypto markets, if they can make profits why not?

>>29828896
Bancor you literally stake from your own meta mask wallet. They don't have your private keys retard.

>>29828581
Staking delayed for over the year and real oracles axed main goal swift integration and ALL OF THIS WAS MEMORY HOLED god damn bubble we are in atm

>>29836975
>Staking delayed for over the year and real oracles axed main goal swift integration and ALL OF THIS WAS MEMORY HOLED god damn bubble we are in atm

>>29837089
Nigger they been hyping staking "any moment now" by end of 2019

>>29833252
Look how perfectly the candles are stopped at $26.

>>29837191
what? no they haven't lmfao, what's up with this gaslighting

>>29834277
I was watching this live, there was no singular sell wall.

Also see >>29833111
This shit happened on at least two exchanges.

>>29834688
>>29835386
Isn't is amazing?

>>29831733

>>29828600
>Every 2nd week Serg/Big dev wallet sends 700k+ Stinkers to binance to be "Sold" on the open market.

it's now 1.5 million stinkers every friday

>>29831213
Yeah but I need link to be $1400 before I make it

>>29832035
Why should the ranking matter? Surely the market cap is what's important?

It's actually funny if you look at the top 10 (excluding Tether, obviously) and they've all mooned pretty fucking hard since the bull run started. Except Chainlink, of course. Really makes you think...

>>29828581
Chainlink is just too complicated to explain to your average room temperature iq normie.

They see "google of blockchain" or "binance exchange token" and it makes a lot more sense to them then the "oracle solution". Even though we all know Chainlink is probably one of, if not THE, most important project in crypto. It's super complex.

Sell me this coin.

>>29828581
>incredible painful bag holding experience

My bags did a 200x from $0.15 to $30
Been diversifying some into GRT and AVAX to make even more gains. and BTC obviously.

>>29839965
>Sell me this coin.
It's too risky not to hold.

>>29828581
sorry but 7 figures isnt hell. thats just an indicator youre fucking too stupid to know how to make money with money.

>>29840774
>painful

THEY HAD 3 YEARS

>>29828581
>>While BTC pumps ALTS dump but LINK will dump the hardest.
>LINK will dump the hardest.
this happen also with rlc

NEVER FORGET

>>29828600
>Currently the cost to run 1 chainlink price feed node is in the ballpark of 500k-700k USD per month
why?

>>29828581
https://www.youtube.com/watch?v=00GygFIQ9QI

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

If you truly understand the technology and the vision laid out by Chainlink and Sergey then you should realize that the current valuation is ridiculously low. $10b valuation is absolutely NOTHING.

Chainlink has one of the strongest possible fundamentals out of every crypto out there. It's a completely new thing, comparable to nothing, underpinning applications on every thinkable blockchain out there. It's an absolutely critical piece of infrastructure for the next wave of decentralized applications.

It's not a blockchain It's not a DAG. And it's not a fucking smart contract application. It's a fucking decentralized oracle network servicing blockchains.

>>29842315

>>29842315
Fundamentals don’t matter in crypto though.

>>29842315
>>29842315
>Chainlink has one of the strongest possible fundamentals out of every crypto out there

>>29842582

>>29842582
True. Luckily Chainlink also has the strongest memes

I only have 1,000 link. Will I be ok?

>>29842715
It’s unironically the only trump card we have.

>>29830964
absolute retard. proves my other post correct that people stuck in "7 figure hell" are too retarded to make money. get a life faggot with "muh passive incomes"...learn how to make money instead and it will blow any passive income out of the water

>>29842227
You are a MANIAC!

>>29831238
>Currently I sit mid 6 figure due to poor swinging and being impatient.
And you're giving out advice?
I have >100k linkies even though I only accumulated around 15k because swinged on good projects and patient.
Also I don't know what to believe stop being a cultist.

>>29842886

How does 100,000,000 pennies (USD) sound?

>>29841895
kek based paul-walker-murdered-to-cover-up-eric-holder's-illegal-gun-running-operation-fast-and-furious-anon

>>29839692
It's just a way to look at things

>>29842932
dude... SO ARE YOU
you are in every fucking thread saying the exact same shit
>the definition of insanity is doing the same thing over and over and expecting a different result

>>29842889
Not the only, we have the fundamentals too.

There are just powerful forces out there that doesn't want Chainlink to moon yet. Chainlink is not a marketing scam. It's a keep your head down, develop and expand type of project. The challenge is for (You) to be patient enough for it to come into fruition. Other projects like Cardano just meme their valuation up and crashes violently afterwards because they have nothing other than memes.

Chainlink is the long con and it's going to be so much more profitable. I'm actually happy to see LINK climb slowly. It's persistent, it doesn't stop no matter how often the momentum "dies". It's because it's fucking strong as shit.

I'm also happy to not see BTC overextend too far and crash violently. As I said, this shit can go so much higher if it's stretched out in time.

Hohoho it’s another episode of “LINK is about to go up by a dollar, stop eet”

>>29830964
>so around 4MM before taxes
If LINK reaches $1000 I will have exactly $4 million after taxes
So in case the prophecy really comes true, I will not have to kill myself

>>29843309
I completely agree with you. I’m just bored out of my mind and want to make it as soon as possible. No chance I’m gonna break and sell.

>>29842886
yea you will be ok, just hope you dont get yourself in a pickle where you have to sell any of it under 1,000 dollars.

>>29839965
>>29842315
This. OG’s and no-LINKers like to FUD but the no-LINKers don’t understand that there is NO room for error. Only one shot at the moon and so far Sergey and his team have checked every box necessary for success.

In an Oracle protocol stability, reliability, and efficiency are everything. The project potentially has an unlimited high end value assuming they can remain the go to oracle for the entire space. As long as the market continues to grow so will LINK.
>2024
>your shitcoin is pumping?
>good. that value is flowing to LINK because we’re providing the data feed

>>29843239
>He thinks it's the same two people giving the same response to each other in every thread.
That's cute.

>>29843309
Also Sergey is unbelievably based. Not only does he prevent Chainlink from having a blow-off top, he also secures the financial health of the company and network with his selling.

It's genius. The more valuable Chainlink becomes, the more money they have to continue subsidizing, building and willing themselves into existence. It just increases the chances of success.

Sergey perfectly predicted the explosion of applications that would precede the launch of mainnet. DeFi summer happened only because of Chainlink and he knew it would take off. He knew beforehand that price data on the blockchain would be the catalyst.

He's in perfect control and just wait until you see what's next in the coming years. If you can predict it you'll be a millionaire in no time. Who predicted that DeFi would explode after Chainlink launched? If you did then you'd invest in Aave or Synthetix and have made it already.

>>29843309
this as i tell everyone, link is a long term hold. you wouldnt want it to moon like doge. for what? link still has one of best looking charts of any market in the history of the world.

>>29843532
>2024
I'll be a god damn 24 year old boomer by then. Wow I'll have $10m if LINK hits $500 by then. Yipikayee.

band n tellor are better oracles.

>>29843750
You wouldn't feel this way if u bough t more. If link gets to 500 $ I'll have 31m which is 3x the make it amount

>>29843761
>he doesn’t know about mobius
ngmi

>>29843309
what the fuck are you talking about? a $20 pump to an $8 bottom is not steady strong growth. the current price action is purely the rest of the market going up. we're seeing dead 2017 shit like ICX 5x, DOGE, IOTA etc etc LINK is just being dragged up with the rest of it. this is evident by its lack of stability in this recent dump from $37 to $24. i'm convinced posts like this are whales convincing retards to hold while they do whatever price action they need LINK to do for their endgame. its pathetic.

>>29844042
Bought more with what? I have never waged and never will. The wage that I would get would be so small compared to my stack so it's pointless.

>>29843633
Seriously. All the high time preference niggers should just sell their link
Unless they are developing their own apps using link oracles like stani or Andre they have no right to complain
There's a reason why Sergey doesn't pump it to 100 overnight. Sergey is the most serious businessman in crypto. You look at Charles and you look at Sergey and it's not even a comparison. 98% of "ceos" or whatever the fuck are complete jokes in crypto
Hold link, stack link, trade shitcoins if you want
I bought a big bag of Ada at 6 cents because it always moons when normies are entering the space.
Normies who will never use blockchain manually love Ada so don't be mad at the normies . Just dump on their heads. Then thank Sergey the price of link is still low because you can now buy more link with your normies pump and dump gains
Sergey is a fucking genius and anyone with half a brain is thankful link is staying under the radar

>>29843309
>Chainlink is the long con
kek

>>29844173
you know why those complete shitcoins do 5x?
because market makers accumulate 90% of the floating supply then mark it up like crazy and start a half baked advertising campaign to convince normies to buy the bag
This is why those shitcoins only get lower high after lower high. They are in a period of distribution.

>>29843750
kys you subhuman piece of shit. You will never be happy

Real problems for real people

>>29839965
1000 eoy

>>29845033
They seem to be cheering the pandemic on here
Weird, I wonder why they would do that

>>29842315

>Chainlink has one of the strongest possible fundamentals out of every crypto out there.

Not for the token itself though.

>>29844955
no shit retard. how does that in anyway make LINK's price action any better?

>>29845345
They arent marking link up like crazy = they still want to accumulate more
market makers start marking up and advertising to normies when they want to distribute the cheap lines they have accumulated at bargin prices

>>29842227
>>29842932
>>29843239
I think by now even >>29843575 is just pasta.

>>29845333
Do you really think that?

>>29835707
He’s one of the most bullish Link holders in the world.
Definitely one of the earliest big players to understand the value of Link back in 2017.

>>29828581
7 figure hell lol

>>29846023

Yes, it's been nearly four years since the ICO and the LINK token itself has no other use case than for Sergey to dump on our heads. I'm very doubtful this will change any time soon - staking still seems like a long time away. Until then, there is no organic demand for the token. There is absolutely nothing you can do with it that pertains to the value of the Chainlink network. Notice how the majority of their open roles still haven't been filled after months? No wonder they're having such a hard time finding talent when the token is so divorced from the network itself. There are no incentives.

>>29832264
This.
I read the other day it's 3 different whale groups fighting the price to make money from all their swing trades.
Its all so tiresome.

>>29847125
>no other use case than for Sergey to dump on our heads
That's not true and you obviously do not understand the technical architecture of Chainlink. Hint, it's not an ERC20.

LINK is already used to pay node operators. But it's true that staking may be far away, or it may be launched in 2021. It's all game about speculation and patience. Chainlink has done nothing but overdeliver so far, do you think that will change?

>>29847879
>overdeliver
deliver is barely in sergey's vocabulary

>>29828896
so true. fuck all you greedy ass stakers. just wait for real staking like a man

>>29830964
grow up and get some perspective. im tired of this gay meme

>>29832635
>>29832702
try getting a job you whiney retards. if you have good income you can hold your links better

>>29831733

Based Gary

>>29828600
What happens when he has no more wallets to keep the nodes running?

>>29847879
>Hint, it's not an ERC20.
yes it is you retard. doesnt matter if it has a "muh call function"...still lives on the eth network retard.

>>29850466
it's erc667, doofus

>>29847146
sauce thread? i must have missed it..

if link reaches 1k this run it means any of us 1k to <10k linklets will have spent less time in 6 fig hell than our bros in the 10k+ range

>>29836861
anon i...

>>29842893
is this post the closest thing we have to pure cope?

There are just powerful forces out there that want Chainlink to moon. Chainlink is a marketing scam. It's a keep your head up, develop and expand type of project. The challenge is for the Founder to be patient enough for it to come into fruition. Other projects like Cardano are solid and have actually decentralization their valuation is up and not suppressed by a criminal element that wants to keep it down, caradano goes up because its decentralized and can't be shut down like LINK

Chainlink is the long rug pull and it's going to be so much more to scam the entire crypto market with its centralized eth coin. I'm actually happy to see LINK crab slowly. It's persistent, it doesn't stop going down after BTC prices goes up no matter how often the momentum "dies". It's because it's fucking centralized as shit.

I'm also happy to not see BTC overextend too far and crash violently. As I said, this shit can go so much higher if it's stretched out in time.

>>29828600
>Currently the cost to run 1 chainlink price feed node is in the ballpark of 500k-700k USD per month with current ETH and infrastructure.
What is the plan to get this price down? That is ridiculous.

>>29851361
its a middle man until something like ada replaces it

>>29835497
don't know if he's the one doing it actively but maybe
https://twitter.com/ercwl/status/1364262371745820674

>>29850519
Lord knows how busy things get in the shitting streets of Mumbai, Ranjeet. You are forgiven.

>>29831569
Nice can’t wait to buy link at 10% discount like gbtc

>>29842582
they don't until they do

Everyone needs to be patient. Chainlink has literally 10x’d every year from its lowest point per year. OCR literally makes gas prices cheaper allowing 10x more data to be used in smart contracts. 10 * 10 = 100. Depending on where the local minimum this year is, we will easily reach a point where a 100x is within the realm of possibility before the year ends. Personally for me, any price that isn’t $100 yet is a good fucking purchase point.

>>29851412
Ada need oracles too you retard, no one wants to build oracles cause it fucking hard.

>>29852326
yea but LINKS oracles cost like 100 grand a month to keep running and they are centralized .

>>29852696
if they were centralized to the extent you're implying then they wouldn't cost 100k a month to keep running

>>29852751
You are not speaking logically you are emotionally attached to Chainlink. The end goal is suicide when this crashes to 8 cents.

>>29852751
They cost so much to run because ETH gas fees are fucking ridiculous, how can they be decentralized if staking isn't even available to the public? I am a fully believer in Sergay but you're not making sense dude.

>>29852872
this is too retarded to refute

>>29835497
Based and v&pilled

>>29852985
>>29852696
You're confusing centralization with anonymization.

That's honestly pretty dumb.

>>29854627
its hard to tell if they're smart people pretending to make dumb arguments as fud, or if they're actually that dumb and thats just the quality of the board these days.

>>29854872
Decentralization means there is no centralized control.
Chainlink is a collection of independent nodes.

>>29854936
yes, i'm agreeing with you. The argument they should be making is that because the network is still being built out, it isn't "really" decentralized because they're mainly handpicked kyc nodes. But you can make that same argument for bitcoin or ethereum. Decentralization is a continuum where the more nodes exist independent of eachother, the more decentralized a network becomes. If the number of ethereum node operators doubles next year, you could say it's more decentralized than it is today, but that doesn't mean ethereum isn't decentralized right now. This is the case with the current chainlink network. It's a continual process.

>>29855166
>it isn't "really" decentralized because they're mainly handpicked kyc nodes
Chainlink is the contract operator.
The contract operator is typically going to be the one to hand-pick the nodes for any given contract.

The difference between mainnet now and full mainnet is that full mainnet will have unlimited contract operators. The difference is not in the (de)centralization.

>>29828581
>7 figure hell

>>29855166
>The argument they should be making is that because the network is still being built out, it isn't "really" decentralized because they're mainly handpicked kyc nodes. But you can make that same argument for bitcoin or ethereum.
Yes, that's pretty much the argument I'm making. I still own and hold LINK because I believe the decentralization will increase over time. BSC is "decentralized" as well, it's all a continuum. What we are betting on now is intent for future decentralization, which I have faith in for LINK.

>>29835439
>Look at the fucking sell pressure when they push it down kek
how?

>>29855779
https://data.chain.link/eth-usd
is 21 independent companies feeding data centralized or decentralized?

>>29836861
>you literally stake from your own meta mask wallet
there's still the risk of smart contract hacking

>>29850615
I wouldn't care. I've had 6 figures with a 20k stack for what?? 7-8 months??? And in that time have went from 100k -500k in 7-8 months. How could you complain about making 400k in 2/3 of a year lol. You stacklets get to 1M by eoy and I get to 20M I'm not going to whine about that.

>>29855892
It's a good start. What also matters is how these nodes are related to one another. If you have 21 nodes but all are in cahoots with each other and Chainlink, then you are more open to nefarious actors than 21 nodes that are all independent. I'm not saying the former is the case but as of right now I would be more confident in the system if staking was online.

>>29855779
well so do I. It's interesting that you brought up BSC as a counterexample. I think CZ actually referred to it as centralized decentralized finance, so it's pretty clear that expanding the network to make it more dencentralized is counter to his purpose, since it's only competitive edge is that achieving consensus with only like 20 nodes in existense is going to be much cheaper than doing that on ethereum L1.

Chainlink will obviously continue down the continuum.

>>29855892
based digits!

>>29839441
>need link to be $1400 before I make it
don't you understand that there will be not the exact liquidity on the buy side for you to cash out those millions?
A lot of people will sell at 40-50 and 60.. there will be a lot of sell pressure at those points
Just immagine the biztards with 20-50k Link.. they will sell
Who will eat up all this selling presure?

>>29856105
>if staking was online.
But staking is online for those 21 companies, no? If they go offline for extended periods or they consistently provide outlier data then their reputation is ruined and they are removed. The implicit guarantees seem to me to already be there, despite the nodes being handpicked. I understand you're looking for explicit guarantees in the form of stake slashing. These companies and the people who run them are staking their continued livelihoods on them.
It seems incredibly unlikely to me that 21 separate data providers (and remember, these businesses don't only provide this service to Chainlink) all collude like that. I don't think practically it could be done.

>>29833869
etf are you not scared of losing your linkies to a celsius hack or something?

>>29856432
It will (and has to be) this way until official staking is released. It's a pretty interesting way to bootstrap the community of professional node operators / data providers required for the fruition of the network. Actually now that I'm thinking about it, staking probably relies less on the teams technical ability to complete it and more on there existing a sufficient pool of professional node operators to drown out the potential bad actors once the network is "fully released" (anyone can spin up a node).
Basically, if you nerds want staking faster, learn to code and run a node. Sergey is waiting. Did you really think you wouldn't have to put in any effort anon?

>>29856332
Who will eat up all this selling presure?

>>29828581
>What is the Chainlink Problem?
>Quite simply an incredible painful bag holding experience

>>29828581
I k is this feel. 32k LINK and several other crypto but have recently been bouncing between a peak of $1.2million to mid $800k region. Not selling any time soon as I plan on staking for all eternity but certainly feels strange to lose $200k in a few hours when things dumped earlier this week.

>>29832642
I’ve made 7k links doing this. The key is to not over leverage. Keep your health above 3.

>>29856332
I will sell at $1399, no biggie.

>>29857131

People that think link will go even higher, and biztards wont sell everything

>>29856860
Right now as far as I can see a smart contract oracle data consumer chooses what oracles to rely on transitively through a feed.

So when staking comes I envision a proxy data feed contract that requires at least a certain amount of LINK (or USD equivalent) of collateral that anyone, anonymous or not, can join as an oracle and provide data to.

This can work for data feeds of publicly available data, ie. it's available to everyone. For other less decentralizable cases I think reputation will be more important.

>>29857313
Know how you feel, mate. I find myself fantasising about how "if i'd only known" i could have cashed that money out and have it sat in my bank account. This is the time when diamond hands are tested.
We'll be glad of it in the end, though. Plus, think of the story we'll have to tell one day.

>>29832876
Is it true that there are no niggers there?

>>29857450
>I will sell at $1399
are you a stacklet?

>>29856332
Yes, because no token has EVER gone above that price, right anon?

>>29832902
That’s because any fool understands the investment thesis “eth has high gas fees, this eth killer has low gas fees, it will take over eth’s market cap”, even if it’s wrong. Try your hand at an elevator pitch targeting normies for link.