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

/biz/ - Business & Finance


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49241739 No.49241739 [Reply] [Original]

https://www.youtube.com/watch?v=oBjq-cV2BkI

>> No.49241768
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49241768

>>49241739
Discord are trying to do their old game where they overhype Consensus and then "mock the LINK holders" when it doesn't meet their hype.
Jokes on them, I've been non-stop bullish for the last 5 years and I will be non-stop bullish for the next 10, and there's literally nothing they can do about it.

>> No.49241775
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49241775

three years of misery

>> No.49241784

>>49241775
You mean three years of explosive adoption, Defi dominance, legacy industry adoption, and zero fundamental exploits or failures?

>> No.49241829

>>49241739
Damn concensus has really increased its budget in recent years

>> No.49241851
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49241851

>> No.49241874

>>49241784
what about price dominance?

>> No.49241893
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49241893

>>49241874
The market is literally retarded, no surprises there.

>> No.49241902
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49241902

https://www.youtube.com/watch?v=0KuGAUuoNFo
my favorite LINK vid
3 years... the cycle repeats
we will be redeemed

>> No.49241936

>>49241874
so greedy
it had a crazy bear market where it went from $0.20 to $20
retired basically anyone who was here from that time

>> No.49241948

>>49241936
Yeah but not everyone, like me. And probably you

>> No.49241961

>>49241874
>>49241893
The switch will be flipped this year. staking ccip abstraction layer are going live. the big boys need these features to use crypto. this can push us to 50 and beyond this year alone.

>> No.49241986
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49241986

from mainnet's 1st year anniversary
1/4

>> No.49242003
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49242003

>>49241986
2/4

>> No.49242024
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49242024

>>49242003
3/4

>> No.49242040
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49242040

>>49242024
4/4

>> No.49242068

>>49241902
nothing like the mainnet.
what will be the new peak after staking and ccip?

>> No.49242080
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49242080

>>49241784

>> No.49242119

>>49241902
One difference, the meme magic completely disappeared.

>> No.49242185

>>49241948
i quit job last year but can't say fully retired. have living costs set aside for quite a bit longer and if staking goes well then should be set though. have quite a lot of lpl which is nice

>> No.49243867

>>49242119
it would have been too easy if it hadn't

>> No.49244159

>>49241784
Based Patrick Collins level optimist

>> No.49244216

>>49244159
It's 100% pure objectivity.

>> No.49244223

>>49244216
when until we get a pump above ath?

>> No.49244245

We've been bleeding for 2 fucking years. ATH last year was just us getting dragged up by the market. Chainlink has literally not pumped for over TWO FUCKING YEARS.

>> No.49244261

>>49244245
And during those two years Chainlink came to dominate Defi, and onboarded Deutsche Telekom, Associated Press, etc.
And yet it got outperformed by literally everything.

How does that make sense to you?

>> No.49244315

>>49244261
Yes, because bitcoin dumped any time bullish news released for link

>> No.49244320
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49244320

>>49241739
>>49241768
>>49241902
>>49241986
>>49242040
>>49242080
>>49242185
Given this, you must ask yourself very carefully — what will they choose to do, next time they're given orders? It's well-understood that, once you've given into a small thing against your conscience, it's much easier to get you to agree to a bigger thing the next time. Not at all coincidentally, this is exactly how they're getting people to take the boosters — they gave into the first two, so why wouldn't they agree to a third, or a fourth? People in this situation often tell themselves "the next time I'll say no", but make no mistake, however begrudgingly, they'll still say yes — they just haven't come to terms with that reality yet.

Consider the implications. If the remaining workforce is given an escalating series of orders, culminating in them sending you to a concentration camp, why wouldn't they do it? No judge, police officer, or prosecutor is going to intercede in your behalf — they're all jabbed and have conclusively proven their loyalty by sticking in the employ of the regime. It's not like anyone can stop them — all of their colleagues who would have protested such an order are long gone or terrified into silence. Do you think that crowd will harbor any empathy for you at all? Even if they had empathy in the abstract, do you think they'll stick their neck out for you? Protip: they didn't even stick their neck out for themselves. And they're all working for an organization that, not that long ago, already encamped tens of thousands once.

Are they really going to escalate into historic levels of evil? We don't know — it's anyone's guess. What we do know, however, is that the effects of the mandate certainly facilitate that outcome. If an order removes power from scrupulous and empathetic people, the order's purpose is to empower unscrupulous and callous ones. The purpose of a thing is what it does.

>> No.49244336

>>49244261
It doesn't. I feel suicidal over it and my life has taken a turn for the worse because of how much of a disaster the last 2 years have been.

>> No.49244347

>>49244336
>It doesn't
exactly

>>49244315
>bitcoin dumped any time bullish news released for link
also exactly

>> No.49244361

>>49244245
The ATH last year LINK was pumping against BTC, it reaching 100k sats coincided with the start of the BTC dump

>> No.49244411

>>49244361
Well that's what I mean, anytime LINK had something that actually kind of resembled a pump we saw BTC get nuked and take down the whole market. Call me a faggot but at this point I feel traumatized from the last 2 years. I just can't fundamentally see any future where LINK ever pumps again, I get this sick feeling and anxiety knowing that BTC is just going to dump and destroy any momentum LINK has. Something fucking changed in 2020 and I fucking hate it.

>> No.49244427

>>49244411
ccip and staking will change the demand for the token and the dumps will stop.

>> No.49244457

>>49244427
the dumps stopped last year, dumbass

>> No.49244470

>>49244457
btc dumps when link is about to break out.

>> No.49244477

>>49244427
Honestly I'm just so demoralized at this point. My brain is completely fried and I'm 100% expecting that we'll go down to $2 or maybe even less once staking and/or CCIP is out because it doesn't make any sense.

>> No.49244501

>>49244477
Stay strong and keep short term expectations low

>> No.49244543

>>49244477
checked one anon wrote that most won't make it till 1000 and you can see why, patience anon your brain is fried and your attention span is that of a goldfish work towards establishing a natural brain again, limit screentime read a book go outside. They want you to act as you do be smarter than that.

>> No.49244565
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49244565

>>49244361
This happened when Link was a little over $30, shortly after the first ATH.

>> No.49244566

>>49244501
>>49244543
Thanks bros. Nice to actually have a somewhat serious conversation and not just endless TNN shitposting retards.

>> No.49244589
File: 110 KB, 1200x800, demoralised linky2.jpg [View same] [iqdb] [saucenao] [google]
49244589

>>49244501
I'm in the same mindset as the other anon. It's not only expectations for the future for me but the fact that the lower we go down the more pointless it has been to have invested in LINK 4 years ago, all because I didn't sell at any point in the last 2 years.

>> No.49244614

>>49244457

>> No.49244828
File: 1.90 MB, 480x270, Sergey has left the building1547432182249.gif [View same] [iqdb] [saucenao] [google]
49244828

>>49241784
more like three years of explosive dumping and growth of Sergey's networth

>> No.49244873

>>49244828
Nearly every crypto in the top 20 dumped more than Sergey did in that same timeframe.

Solana dumped more than 30x as much as Sergey.

>> No.49244885

>>49244873
and yet solana is #9 on cmc and link is... #27

>> No.49244889

>>49244885
And how does that make sense to you?

>> No.49244893

>>49244566
If they affect you that much, you need to take a break from /biz/.
This place has been redesigned to inflict maximum pain on people like you, a lot of effort went into it and it's paying off with most wallets <10k capitulating.
And it will get much worse when OP is proven right.
Just stop coming here for a few years.
Same goes for
>>49244589
You are targeted and attacked, constantly. Just DNS block 4chan and read some books, walk in a park, exercise, talk to people in real life. Staying here until LINK is pumping again might permanently damage your mental health.

>> No.49244912

>>49244893
>when OP is proven right
meant to say
>when FPBP is proven right

>> No.49245072

>>49244828
>>49244885
You are one dumb motherfucker lmao

>> No.49245074

>>49241739
Is there any better? I made a promise not to wash until staking. I seeded myself with psilocybin spores and now have growths all over me. They've burrowed into my blood. Into my brain. I'm in a constant state of extreme agony and glorious clairvoyance. The mycelium chews at my flesh and rewards with visions more real than the air you breathe. Chainlink has already reached $1000, it has always reached it. Time is just sinking round and round to that inevitable point and you are scrambling at the sides trying to climb out, but my mushrooms will have you in time.

>> No.49245260

I rode all they way up and down for like how many times by now? -90% drop every few years. My conviction is as strong as it has ever been. Seeing price manipulations this elaborate made me not want to sell any. The best time was when mainnet went live with google's blogpost /biz/ was so comfy that time.

>> No.49245329

>>49241961
this. they are just rugpulling the average plebs liquidity so they cant buy into the reset assets.
some of which are in the list
[silver, LINK, gold, XRP, iso-20022 compliant]
they dont want you owning that.

>> No.49245413

>>49244543
i wont sell
though i am getting a job soon :(
but i will use this to buy more LINK and a small list of other assets i view as undervalued.

>> No.49245508

>>49244893
>Staying here until LINK is pumping again might permanently damage your mental health.
This is true.
t.2017 original stinky.

>> No.49245562

>>49244336
>>49244477
You're both weak af twats. I've been in crypto since 2014 and link since 2017. It always amazes me to read your kind of shit. What the fuck is the problem? All you had to do was do nothing for a few short years. Most successful people have to work their backsides off for many years in order to achieve a fraction of the success you will, holding link for a few years and not selling. Fucking he'll anons, how is that difficult? Yet you whine and moan and groan, talking about SUICIDE ffs. Grow a set of balls and man up, both of you. Dicks.

>> No.49245652

>>49245562
It's true but you need strong mental attitude for that. The reason many don't make it.

>> No.49245711

>>49245562
Yeah, just sit around and watch scams and dog coins vastly outperform us for the last 2 years and watch the world burn in real time. But nah bro we're so damn lucky to slurp at these prices right? Fuck yeah I'm so fucking stoked to slurp this dipperino. I'm not selling and I'm complaining about a very specific thing, so don't give me this bullshit about hurr all you have to do is nothing.

>> No.49245746

>>49245413
Share crumbs please anon

>> No.49245796

>>49245711
He’s right though, if someone told you to buy link in 2017 and it will outperform bitcoin and ethereum and you’ll make it by 2024, you would have done it in a heartbeat. Everything else is noise, distractions, if timing the market was easy everyone would be a billionaire.

>> No.49245889
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49245889

>>49245746
share crumbs on what?
if you are here you know about LINK and its prospects.
if you are unfamiliar with the silver market see pic rel and know that the AISC (all in sustaining cost) of mining silver is ~$21.50 / oz
it cant stay this cheap and historical prices put it at + $250 quite easliy
I can't spoonfeed it all cause im not articulate enough to share all the info big brain anons have instilled into me.
but its clear the powers that be control the markets
they dont want zoomers selling their TSLA and having the ability to buy meaningful amounts of underpriced assets
so they are removing this value temporarily via a depression so the important assets can moon first.

>> No.49245935

>>49244261
Token. Not. Needed.

>> No.49245964
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49245964

>>49245935
tell that do Deutsche Telekom

>> No.49245981

Not that it's important but if thee's nothing at consensus i'm unironically killing myself. My life has completely fallen apart in Job tier ways this past year, don't have my health, don't have my career, retroactively had my degree taken etc etc etc. Been desperately clutching my link for years now and either it pays off in june or it's all done.

>> No.49246004
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49246004

>>49245260
I feel the same way.
I've never been more excited about Link.
I think even the days when I first heard about it and started reading and discovering the potential it possessed didn't seem as exciting as the times we're in now.

Now we're on the precipice of the most exciting adventure any of us have ever been on.
Most of us were too young to really grasp the possibilities of BTC in the early days, and ETH never had such a treasure hunt aspect to it.

Through the years of holding, buying, reading, laughing at memes, researching possibilities, we've all grown up in this adventure.
You can see in the rankings that there are only a few thousand of us early adopters left who bought in heavy from the start.
We're about to see all our dreams of adoption and price explosion come true, and our lives will never be the same.

If you have 10k Link or more, by 2024, you'll be able to live almost any life you can dream of.
Want to spend a few months in a beach villa in Hawaii?
That'll be 10 link
Want to buy some land and build a house for your family in the mountains?
That'll be 1 year's staking rewards.

The possibilities are endless and we're just getting started.

>> No.49246017

>>49245711
All that you complain of should demonstrate clearly to you that you are a lazy, greedy faggot. Not to mention spineless. Your complaints are non-complaints. I've held since 2017 and never sold a Link. I don't sit and whine about it, though. It's the easiest thing I've ever done, for the reward it will bring. Go and get a job or something. Volunteer at a homeless centre. Get some perspective on your meaningless life. You've been blessed with all this good fortune and what do you do? You complain. You need to sort that out, anon. Otherwise the money will make things worse, not better. I promise you.

>> No.49246054

>>49245964
That’s it?

>> No.49246167
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49246167

I don't remember where I got this image but it was from an official LINK related something. I really like it, flag aesthetics.

>> No.49246173

>>49241986
Anon, the first image isn't displaying correctly, please repost for my nulinker enjoyment

>> No.49246192

>>49246167
Oh it was from OpenLaw relationship I wanted to post it to reverse image search anyway

>> No.49246229

>>49245981
thats their whole point of the demoralization
so you capitulate and sell
hype the news, and then dump the price (remember they control the liquidity and people are back to living normie lives since "covid" is "over"

>>49246004
same, though i dont think 2024 will make 10k LINK the fuck you money stack you are representing it as
what itll do is make me comfy

>> No.49246326

>>49246004
What I think some anons aren't realizing is there is a point in the future, nobody knows when, where if link realizes its goals, just in order for the network to function, the token will have to be valued in the thousands of dollars, if not tens of thousands. That point where it becomes a fundamental requirement is probably around 2030 or beyond. Right now speculators see more short term value in the market pumping and dumping meme coins, ETH and competitor L1's. However, there will be a point where there will be an overlap between link's fundamentals beginning to demand a certain baseline value, and speculators attempting to frontrun this. When that happens is completely unpredictable. It probably won't happen immediately upon the release of staking. But the market won't wait for you to sell your stack now, then put up a sign that says "OK everyone, link is NOW fundamentally worth x minimum so you should rebuy." Rather, speculators will simply slowly begin to see it happening, or want to frontrun other speculators, and it'll turn from a snowball into an avalanche. So unless you have the sort of money that you can casually speculate millions (which is what the people you're competing with can do), your best bet as a pleb is to simply be earlier than them, and wait.

>> No.49246366

>>49246017
Just drop your holier than thou bullshit. I'm a human being and I feel frustration and emotions like anyone else. It's about how out of every single thing we've been fucked in the ass harder than anything else and it defies all logic. It's not possible to rationalize just how bad the performance has been. Why does a complete bullshit scam like SOL continue to be up +65% over the year when they literally shut down their "blockchain" whenever there's a problem? Meanwhile Chainlink is down -70% over the year. I know you're playing it cool but bro, we've been sent back 2 fucking years. Don't bullshit me and tell me you're happy about where we're at right now. It's bullshit and you know it. Daring to even criticize the performance of LINK is seen as a personal attack and people like you start projecting hard about getting muh job and stop being lazy/greedy. I grew up as a poor fag my whole life and the last 2 years have been hell, I see scams all around me going nuts and Chainlink barely moves and ends up dumping the hardest.

>> No.49246454

>>49246366
Because the money in SOL isn't real, and if you haven't realized that yet you're lost. Its pumped by Sam himself, it attracts retards, and then he slowly sells into retail plebs buying more. When the market is quiet he pumps the price to attract more retards, rinse/repeat. Link actually doesn't do this, so its got to make it on its own, which is why it looks so much more pedestrian. Same thing with BNB btw, watch both tank horribly if we go full bear (which I'm starting to doubt simply because all the talking heads are predicting a long bear market and capitulation, and usually when all the talking heads agree on something, its a direct counter indicator).

>> No.49246529

>>49246366
Well, I didn't have too many problems. Sure i'd have been happier if it had come sooner, but I don't expect any special sympathy. I invested in something that I thought would be a winner, and desu it didn't bother me that people were making money on dog coins and other shit. I wasn't about to invest in those. The low profile of Link whilst all the time onboarding top tier talent was an added bonus as i was able to keep adding to my stack. I wasn't about to sell any of it so what did I care about price? If you held out all that time then how come you didn't see it that way? Are you saying if the price had gone up you'd have sold by now? If so, then you were never going to make it anyway. Always baffles me about Link holders, that. They always say 'never selling' then whine about the price. Makes no sense.
I really hope you don't spend the rest of your days telling people how tough it was, having to wait 4 or 5 years while your asset matured. They'll just think you're a wanker.

>> No.49246540

Can someone describe to me how chainlink currently works, vs what it intends to become?
Like, nodes are currently handpicked, and kept an eye on by CL correct?
Is that way the billions in defi can be kept safe by a 3B marketcap coin (with way less stacked)

>> No.49246589
File: 112 KB, 960x640, Link Dutch Boy.jpg [View same] [iqdb] [saucenao] [google]
49246589

>>49246326
To add to that, another thing most anons don't realize is that if the Link price were to pump out of nowhere through retail speculation, the path to what you described would be exponentially harder.
Link needs adoption first before any kind of substantial pump.
Users need to be hooked on cheap fees, build enterprises dependent on those fees, and only then will the price be able to pump without threatening the future of Chainlink.

If the pump to $50 last year had continued or even had been sustained, the essential period we're in would be much harder to navigate.

Over these next few months and years, we need to be working hard, buying, and holding until Link is at least $1000.
Stopping your buys or, God forbid, selling before then is literally robbing your future generations of life changing wealth.

>> No.49246603

>>49246540
Yes more or less. When staking is released, nodes will be required to stake an amount of link that backs the value of the jobs being done. This will both raise the floor of the value of the link token, as it will be required to access the network and also secure the network via staking, and enable true decentralization, or NEET nodes, as anyone can purchase tokens to stake and then run a node themselves (you can technically run a node yourself now but you won't receive any jobs).

>> No.49246669

>>49246589
While true, speculation can still enhance the "virtuous cycle" so long as too much of the network isn't controlled by a small handful of entities. I think that was the true reason for the 350 million wallet that's being held back, to make sure that doesn't happen too early when the price is low and someone could afford to do that.

>> No.49246714

>>49246054
Actual cope

>> No.49246782

can someone redpill on why i might need LPL or can i just stay comfy with LINK

>> No.49246794

>>49244873
Chainlink 13% of ATH. SOL 18% of ATH despite some of the strongest sell momentum in the market. You cannot make this up

>> No.49246815

>>49246540
It's a useless erc token bagholders trying to shill you in order for newfags to pump their bags. The team is trying to shill you in order for them to cash out. All on the head of "new investors" That's how chainlink works. Don't fall for it. It's despicable that it's even allowed on /biz/

>> No.49246838

>>49246794
Not to mention the multiple fundamental chain failures Solana had. Their chain was out of time sync just a week ago.
Also XRP vastly outperformed Link despite being under active lawsuit from the SEC, while Chainlink did nothing but rake in the adoptions from both most of Defi and massive legacy institutions.

The past two years have been a complete and utter farce.

>> No.49246874

>>49246838
>why yes my token which is a contract on an actual blockchain did not fail.
Honestly fucking neck yourself

>> No.49246944

>>49246589
>Link needs adoption first before any kind of substantial pump.
No it doesn't.

If anything, a high token price would be positive argument to bring to institutions like Swift, since the total MC of tokens available for staking has to be high enough to serve as collateral for things like securities.

>> No.49246999

its been a rollercoaster

>> No.49247017

>>49246782
Linkpool is probably going to be the first "staking as a service", meaning you get to give nodes your Link for them to stake.
This is a lot less involved than actual staking (which requires running a chainlink node of your own), so if you want to make passive Linkies it's a good route.

There will definitely be other staking pools, but Linkpool is the most closely involved with Chainlink itself, so there's that.

>> No.49247068
File: 11 KB, 208x250, Mr Wonderful.jpg [View same] [iqdb] [saucenao] [google]
49247068

https://ercwl.medium.com/whats-wrong-with-the-chainlink-2-0-whitepaper-for-simpletons-d50f27049464

>> No.49247085
File: 152 KB, 2041x553, eric wall shorter.png [View same] [iqdb] [saucenao] [google]
49247085

>>49247068
>Eric Wall

Thanks for the blast from the past

>> No.49247103

>>49246944
>If something is expensive, that means its good

Collateralizing securities are a long ways off, and if there was a retail lead pump, that wouldn't do anything to encourage that.
It would just look like another scam wick ridden shitcoin like all the others.

>> No.49247137

>>49246944
Also, to add to your post I really don't get these posts that talk about "LINK can only pump when staking because muh utility..." it's like ok... I'm not disputing that staking should create some incentives that by all accounts SHOULD increase the price of the token, but holy shit have you all forgotten where we are? Literally EVERYTHING in crypto is complete, 110% speculation. Why on Earth is Chainlink always held up to this absurd standard where people are arguing over the tokenomics and why it's going to be valued at $X or whatever. I just don't get it. Utility doesn't and probably will not matter for many years to come in this retarded industry.

>> No.49247180

>>49247103
>>If something is expensive, that means its good
lmao it is if "being expensive" means "providing enough collateral".
If you say to anyone "this token with an MC of $3 billion will serve as collateral for many dozens of trillions" it's kind of a hard sell.

>> No.49247207

>>49247137
Exactly.
That's just one of the massive double standards against Chainlink.

>> No.49247288

>>49247103
>>If something is expensive, that means its good
Literally yes in the case of collateral.

>> No.49247447

>>49246603
Ok cool, do you have an idea as to how fees will work when you want to use the network
I recall reading the contract of a NFT, where everytime the random number had to be called, it would cost 2 link. At the time it was essentially 50 bucks.
How is this going to evolve overtime, I cant really find any info on this

>> No.49247486

>>49247180
you don't understand how staking will work. The token price will rise to reflect network usage. You need to read up more. Ther'e no need to 'sell' the token price to anyone. Network users will need to buy enough Link (be it 0.0000001 Link or 25 Links) to pay for the network services they need. If you don't understand this, you need to go back and learn. Link is a utility token. Token price will reflect utility.

>> No.49247487
File: 155 KB, 1246x689, chainlink data points onchain may 30 2022.png [View same] [iqdb] [saucenao] [google]
49247487

Official Chainlink channel just posted a 3-year anniversary video:
https://www.youtube.com/watch?v=SZnWbzRogt4

>> No.49247545

>>49247486
If the token price is not high enough, then there is not enough collateral, and this will actively PREVENT further expansion of the network.

>> No.49247607
File: 1.19 MB, 870x696, 1641942354178.png [View same] [iqdb] [saucenao] [google]
49247607

>>49247137
That's why all these speculatively pumped cryptos aren't going to make it to where they actually perform what they've been designed to do.
People pump the price in speculation way past the point where anyone would use it in any kind of utility.
These projects die before they ever get a chance to live.
The teams become lazy and think price manipulation is a sign of their genius.
Every promising crypto except for Link has been killed prematurely by price speculation, and that's why crypto hasn't made its way further into industry.
Most solid crypto projects honestly need another 90% downward correction before they'd attract actual utility.

Link going through this period of frustrating price action will turn out to be the best thing for its future.
It's got a lot shorter of a road before a healthy pump can be sustained than almost any investment out there.

>> No.49247647

>>49247085
I mean he has made money shorting Chainlink as it's collapsed in value on the ETH and BTC ratios. Also, his analysis of the technicals are correct, it has a nonsensical security model that is entirely based on people not exit scamming.

>> No.49247648

>>49246229
>hype the news
they've been "hyping" the news pretty fucking incompetently then if LINK has only been falling in CMC rank for the past 2 years
there is no selling the news if there is no news pump

>> No.49247666

>>49247607
Stfu nigger. Link is a speculative asset like any other coin

>> No.49247718

>comfy as hell
>playing csgo waiting for consensus
>fudders can't stop me
>mfw

>> No.49247762

>>49247447
Also the contract ended up guzzling 1k+ link
How is this sustainable with a token price that pumps?

>> No.49247796

>>49247137
If link received a similar speculative pump to your average shitcoin, it would receive a similar dump into nothingness when the market turned bearish. I'm not talking 90% down from its high, that's nothing in crypto, try 99%. Because that's where most shitcoins go in a bear market.

>> No.49247816

>>49247545
Yes, and if there is not enough collateral, users will need to buy more tokens until there IS enough collateral. This is what drives the price up. As the price goes up of course, less tokens are needed to pay for jobs. If everyone wants to stake their tokens, which they will, this will reduce the available supply on exchanges, increasing the price, until someone sells. It's a beautiful model, and I can't wait to see what happens.

>> No.49247835
File: 35 KB, 871x219, eric wall fud.png [View same] [iqdb] [saucenao] [google]
49247835

>>49247647
Eric Wall is completely wrong about literally everything he says (about Chainlink at least).

See pic.
He's basically saying Bitcoin is not decentralized because each individual node is "centralized".

>> No.49247886
File: 78 KB, 768x719, 1644416864131.png [View same] [iqdb] [saucenao] [google]
49247886

>>49247487
>2:07
they are hiring literal trannies now
HAHAHAHAAHAHAHAHA

>> No.49247889

>>49247447
>>49247762
Note this is just my understanding, but contracts will be priced in dollars, they'll just require the amount of link to pay that amount. When you see an anon say "18 decimals", what they're referring to is the link token can be broken up into 18 decimals, so if a job is determined to cost 1 dollar, but the price of the link token is say, 10 thousand dollars, you can simply charge .0001 link for the contract. If the token drops to 1 dollar, then you charge 1 link for the contract. The price of the token being higher will allow nodes to run more jobs with less link staked, increasing network activity. Increased network activity will help to further the price of the token.

>> No.49247892

>>49247816
>and if there is not enough collateral, users will need to buy more tokens until there IS enough collateral
Yes, but if the difference is too big, contracts will simply not be able to function and prospective participants will be turned away.

>> No.49247911

>>49247886
That's not a tranny, you tranny.

>> No.49247917

>>49247487
On the one hand the globo homo levels in that video make me sick. On the other hand, investing in globo homo in the last decade was a winning play, and it'll probably stay that way for the forseeable future.

>> No.49247972

>>49247796
>If link received a similar speculative pump to your average shitcoin, it would receive a similar dump into nothingness
You mean like BTC? Or ETH? Or fucking BNB?

You're coping.

>> No.49247992

>>49247892
>participants will be turned away.
If the Link token price rose to $10M/Link on exchanges, Would you not consider selling a few? This is how the model works. I'm not saying the price will get that high, but all that needs to happen to fund these contracts is for the sell price to go up. Remember the token price can rise to infinity in thoory, and the token has 18 decimals.

>> No.49248004

>>49247889
You are literally saying to people the token is not needed

>> No.49248007

>>49245652
Holy fuck you people are retarded. This is literally the easiest time in world history to hold link despite it being down a lot. The world is irrevocably fucked with everything being totally fake and gay since the covid pysop. Soon people won’t have a pot to piss in because of mass inflation and destruction of the middle class. It’s starting to get really nice and comfy weather-wise outside. Go pick some random nice suburb and drive thru it in the early evening before the sun goes down and you’ll see NOBODY outside. No kids playing. Nothing. Everything is fucked in society, and you faggots act like being rich will make a difference in a society that isn’t conducive to anything fun or positive anymore. Everyone is demoralized. It isn’t like you got fucked by not selling with eth in 2016 when the world was still normal. It doesn’t matter that much anymore. Your link will save you from being destitute and not having to eat bugs in some UBI camp. Be happy you got it. It’s about survival at this point. The fun times are fucking over, which is why you shouldn’t sweat it that much. If what happened with link happened in 2016, I’d be suicidal. But since it happened after the timelines shifted for the worse…. I literally don’t give a fuck at all.

>> No.49248043

>up 11%
Oh boy time for BTC to dump :^)

>> No.49248048

>>49247972
BNB will dump further just like it did last cycle. BTC is the refuge that swallows up dead shitcoins, that's why it persists. ETH is legitimate technology (first functional smart contract platform) underneath its pumpamentals. I'm not coping, its just facts. And ETH still hasn't recovered vs BTC this cycle.

Of those 3 you just named, Bitcoin has persisted for 13 years, and the other two have failed to hit their highs vs Bitcoin in sats. Link is the only one that peaked vs Bitcoin while the market was going sideways, and peaked higher than it did in a previous cycle (it existed in 2017).

>> No.49248064

>>49248004
Until staking.

>> No.49248087
File: 642 KB, 1536x2048, 1641594409419.jpg [View same] [iqdb] [saucenao] [google]
49248087

>>49247992
The higher the token price goes, the easier it will be to not sell and live off staking- even if it's only a couple percent.

The higher the price goes, the less people will want to sell it.
The less people want to sell it, the more people will be willing to pay for it.
The more people are willing to pay for it, the higher the price will go.

And on and on it goes, this thing of ours

>> No.49248086

>>49247992
Right now Sergey has to go to major players and tell them that his $3 billion token is meant to collateralize TRILLIONS.
It is not an easy sell.
And the market doesn't just work like that.
If contract operators jointly need a few dozen billion in collateral, but all there is is $3 billion, it's a non-starter.

>>49248048
>sats
We're talking about USD.
ETH right now is still at x10,000 ICO, and that's after a monumental meltdown.

>BNB will dump further
Wishful thinking.

>> No.49248126

>>49248086
If you're focused on a quick USD flip, then create a memecoin, pump it yourself, and dump on the people that buy in. Its literally that easy.

>> No.49248143

>>49248126
>If you're focused on a quick USD flip
I'm not.

If YOU are focused on keeping retail out, create a memecoin and don't tell anyone.

>> No.49248146

>>49248064
Staking will be released in the next 24 hours. Inside source confirmed to me

>> No.49248172

>>49248086
>Sergey has to go to major players and tell them that his $3 billion token is meant to collateralize TRILLIONS.
>It is not an easy sell.

BS. They didn’t set up and work on all of this for years just to leave it up to a coin flip on if corps will buy in. All part of an agenda. You don’t think corps siding with trannies going in their preferred bathroom was organic, right?

>> No.49248201

>>49248172
Headcanon galore.

The higher the token price, the more collateral, the more attractive the Chainlink network becomes for major players.
Everything else is cope.

>> No.49248245

>>49248007
How many levels of cuckoldry are you on right now, Mr. Bond?

>> No.49248305

>>49248143
I understand what your argument is now, had to read through your posts. What I'll say is, link can be pumped like a shitcoin and not have it destroy the network. However, there is little incentive for someone to do that, when they can just use a shitcoin with far less liquidity and get away with it.

If your goal is to quickly flip your investment into USD, would you use something that you envision to have lasting long term value? Or would you use a useless asset that you know you can freely and easily manipulate?

>> No.49248321

is now the time to accumulate link?

>> No.49248346

>>49248305
>when they can just use a shitcoin with far less liquidity
Like BTC, ETH, BNB, fucking XRP, ... ?

Because they all massively outperformed Chainlink these past two years.

>> No.49248355
File: 436 KB, 1280x720, file.png [View same] [iqdb] [saucenao] [google]
49248355

>>49248321

>> No.49248373

>>49248086
It doesn't have to go to trillions overnight, anon. It'll grow, and grow quickly, I hope. Exponential growth is a thing, only in crypto land we are used to that growth being followed by a massive drop. There is no reason for a token in such demand as Link to bust, unless of course there was a catastrophic failure with the network. I'm confident enough in the team to invest, in the belief that will not happen.
How do you think anything comes to be worth a lot, anon? Do you think companies and projects just suddenly leap into being at that value? Chainlink will grow fast. If you don't see it, don't invest. Good luck with your Litecoin or whatever you see potential in.

>> No.49248380

>>49248321
The tranny will tell u to do so, but it’s they are currently hyping it up to dump it on u during consensys

>> No.49248387

>>49248373
>It doesn't have to go to trillions overnight
Obviously, but the higher the starting number the better.

>> No.49248410

>>49248380
Just like the 2019 Consensus dump after the mainnet announcement, heh heh heh

>> No.49248426

>>49241739
Congratulations!
To a better future and hopefully to the end of our suffering.

>> No.49248430

>>49248387
What is your point? A moment ago you were asserting Chainlink will fail because the current value is too low. Now you've shifted to 'the higher the starting number the better'. I'm not sure where you're going with this.

>> No.49248447

>>49248430
>you were asserting Chainlink will fail because the current value is too low
No, I said Chainlink would have a harder time the lower the current value.

>> No.49248453

>>49248321
Buy the rumor sell the news.
Are you buying the rumor to sell the news of staking and CCIP release?
Or selling the rumor of the releases to buy the capitulation if nothing happens?

What a dilemma. How to chose?

>> No.49248475

>>49248447
What is 'a harder time of it' exactly? Will people point and make fun of it? Oh no, I hope that doesn't happen....

>> No.49248489

>>49248475
It means the lower the current value, the lower the collateral, the less attractive Chainlink becomes to major players.

>> No.49248498

>>49248453
The only option is to make it unprofitable as possible for the trannies for 2 years of pain. They deserve what’s coming, they will lose all their link and money

>> No.49248506

>>49247835
>He's basically saying Bitcoin is not decentralized because each individual node is "centralized".
That isn't what he's saying at all. Bitcoin achieves Sybil resistance through PoW, which is how the game theory works. Colluding nodes don't compromise the "security layer" of Bitcoin as you actually need to throw a brute force attack (in the form of gargantuan hash rate) to actually overtake the system.

Or think of it like this. Imagine if instead of the PoW system that secures Bitcoin, it instead operated where simple node operators had direct control over what gets deposited into your wallet, and you were told the reason you can trust these nodes is because there was a second layer of nodes behind the first who were taking money out of an escrow if anyone on the first layer lies to you. To anyone with an IQ of 90+, the very obvious question becomes
>well couldn't the first and second layer nodes simply agree to steal from me? In fact, I can't even prevent them from being the same person.
>Furthermore, if there is no "backstop" against that second layer, couldn't they simply choose to dishonestly accuse first layer nodes of giving me incorrect wallet information and run away with the escrowed Bitcoin?
This entire idea is just a recreation of trust-based, centralized model as the one and only thing preventing someone robbing you (or more accurately destroying you financially by taking up a massive short/long position in the asset of a price feed they control) is that they're going to lose out on all the money they would have made running the business normally (i.e. not exit scamming).

Chainlink doesn't solve the problem of Sybil resistence and trust-based models, it just throws more layers of an identical system on top to hopefully, maybe make it slightly more difficult to organize collusion. Neither the original (current) implementation nor the Chainlink 2.0 Staking mechanism do anything to actually make their centralized oracles decentralized.

>> No.49248534

>>49248506
>That isn't what he's saying at all.
It literally is.
He's saying Chainlink is not decentralized because its individual nodes are "centralized".
He even confuses "price feeds" and nodes.
He's a clown.

>> No.49248546

>>49248489
Do you know what 'investing' means, anon? If the market cap was already in the trillions, we wouldn't have the opportunity we still have. If you only invest in high value projects, why the fuck are you in this thread? Go and buy Fang stocks or something.
Jesus, what is with these idiots?

>> No.49248555

>>49248546
>If the market cap was already in the trillions, we wouldn't have the opportunity we still have
Listen to yourself

>> No.49248586

>>49248555
>Listen to yourself
Have you finally given up? Thank god

>> No.49248598

>>49248586
>if I were already rich, I wouldn't be excited about becoming rich!

LITERAL cuck mentality

>> No.49248645

>>49248346
But not the past 4 years. If you are using lower timeframes, Shiba outperformed everything since January 2021, and is still up more than everything.

>> No.49248672

>>49248645
Two years is a long time for utter insanity. Even Doge is the result of short bursts of positive price action.

>> No.49248691

>>49248645
That’s the sad part, 5 years and get outperformed by shiba and still in the top 20. The power of trannies

>> No.49248718

>>49248598
I get it. You're salty bc you didn't understand the staking idea until I showed you it. Instead of being a dick, you could try exercising a little humility and just have thanked me. Instead you doubled down. Poor show, anon. You can do better.

>> No.49248720

>>49246366
The core facts of your argument are true. We have been unnecessarily punished over the last few years. That being said the reaction is low vibrational and base. Can you do anything about the suppression? Can you do anything about the clown market? Can you personally do anything to contribute to the fundamental development of the Chainlink project? If you answered yes to any of these then your sentiment is deserved. If not, then you need to accept the things in which you cannot change. Have more serenity, command your emotions. Dont be a slave. Every marine that understands what power structures chainlink disrupts, should also understand that it doesn't come easily. Hold tight fren, were almost there.

>> No.49248732

>>49248672
>utter insanity
Yes I agree. That is what crypto is, its an emerging asset class that is 99% scam and 1% genuine world changing technology. Also the other anon is correct, if everything were exactly priced to what its projected value should be, there would be no room to actually make money investing. You can either play the market to try to make money in the short term, or you can invest and wait for true value to emerge.

>> No.49248752

>>49248718
I understand staking just fine, it's about collateral.
And the lower the available collateral, the less attractive Chainlink is for major players.

>> No.49248765

>>49248732
>if everything were exactly priced to what its projected value should be, there would be no room to actually make money investing
This is so dumb that you simply have to be samefagging.

"hurrr if I already made it there would be no room anymore for making it"

>> No.49248772

>>49248598
Are you one of those people who don't realize they're retarded?
Because nothing you say makes sense, unless you're just cowering from your idiocy by lashing out.
Then it makes perfect sense

>> No.49248805
File: 618 KB, 926x758, d46ee63a3bc52d1f0a1af570ec3b6b64.png [View same] [iqdb] [saucenao] [google]
49248805

>Chainlink is simply not attractive to big players
Then sell.

>> No.49248823

>>49248772
"hurrr if I already made it there would be no room anymore for making it"

This is what you're defending

>> No.49248837

>>49241739
why did chainlink succeed while LINK failed as a token?

>> No.49248839

>>49248765
I'm convinced you are baiting to derail what was a legitimately interesting link thread. You also appear to be the autistic anon who misinterprets everything as link fud.

>> No.49248843

>>49248805
Literally never said this.

>> No.49248863

>>49248839
"hurrr if I already made it there would be no room anymore for making it"

>> No.49248871

>>49248498
They already lost it. That's why they resort to fuding every day.
They are certain to get max pain no matter what happens.

>> No.49248873
File: 415 KB, 480x238, IMG_0361 2.gif [View same] [iqdb] [saucenao] [google]
49248873

>>49248823
Why is it that every decent link thread get derailed by people like (you)?

>> No.49248884

>>49248873
Explain the logic here, seriously.

>> No.49248892

>>49248843
Sell anyways you nigger.

>> No.49248906
File: 54 KB, 533x68, Audience Cheering.png [View same] [iqdb] [saucenao] [google]
49248906

>> No.49248921

>>49248752
You do not understand the chainlink staking idea. That much is painfully clear. Also, I've had enough of you. You're either trolling or a genuine idiot. Probably both.

>> No.49248931

>>49248921
GREAT post, anon!
Bye now.

>> No.49248964

I don't know why you retards entertain these retards. Sell and shut the fuck up or don't and shut the fuck up. When is consensus?

>> No.49248990

>>49248871
They are the same niggers that’s changing the sentiment after killing it during the most easiest money making year. I am not going to play along with their bullshit, hyping up the events. I hope they longed and get dumped on and then moon after

>> No.49248991
File: 54 KB, 364x67, Clock Ticking.png [View same] [iqdb] [saucenao] [google]
49248991

>> No.49249029

>>49248506
Go away eric

>> No.49249041

>>49248921
Staking is literally about collateral though.
It’s described for the first time in whitepaper 1.0 from 2017 as the “penalty amount that would be lost due to misbehavior”.

>> No.49249054

Bump

>> No.49249053

>>49248964
June 11 is the big speech- i think

>> No.49249162

>>49248772
>>49248732
>>49248546
Three (3) people itt defend the logic of "if I already made it, then there would be no more room for making it".

This is the absolute state of /biz/; unabashed financial cuckholdry.

>> No.49249206
File: 34 KB, 349x69, Crowd Boos.png [View same] [iqdb] [saucenao] [google]
49249206

>> No.49249322

>>49249162
>principalskinnermeme.png

>> No.49249354

>>49245711
Go do something instead of staring at charts all day.
And remember: comparison is the thief of joy

>> No.49249370
File: 57 KB, 514x592, 1653567669265.jpg [View same] [iqdb] [saucenao] [google]
49249370

>>49245074

>> No.49249412
File: 44 KB, 653x655, palpatined.jpg [View same] [iqdb] [saucenao] [google]
49249412

>>49249162
>if I already made it, then there would be no more room for making it
Every time you repeat that phrase you made up as if it's some grand, damning evidence that you're right, it makes you look more and more insane.
What the fuck are you even trying to say?

How about you get back on your meds for a few days and then come back and try to explain yourself?

>> No.49249423

>>49246366
You're attempting to buy your way into the NWO. It was never going to be easy.

>> No.49249454
File: 34 KB, 447x66, Crowd Cheering.png [View same] [iqdb] [saucenao] [google]
49249454

>> No.49249486
File: 609 KB, 1600x948, Screen_Shot_2018-02-06_at_3.37.14_PM.png [View same] [iqdb] [saucenao] [google]
49249486

Bros im worried... Holding for 5 years and i still havent made it, usually if a coin has make it potential, it would of happened before 5 years.

>> No.49249660

Wow an actual good link thread? Wtf?

>> No.49249851
File: 151 KB, 828x644, 1653049112409.jpg [View same] [iqdb] [saucenao] [google]
49249851

>> No.49249955

I feel like LINK just needs to pump 20-30% against the market in a day, and then FOMO will take us off to the races. Hopefully Consensys opens the gate.

>> No.49250005

>>49241739
lmfao and the price hasnt changed a bit

>> No.49250368

>>49248720
Chad master mentality, thank you based anon

>> No.49250457

>>49249412
>that phrase you made up
Let me literally quote: "If the market cap was already in the trillions, we wouldn't have the opportunity we still have".

>> No.49250482
File: 20 KB, 901x123, Untitled.png [View same] [iqdb] [saucenao] [google]
49250482

>>49249486
>still haven't made
>would of happened
bro...
how do you use "have" correctly then replace it with "of" later in the same sentence?

it's "still haven't made"
and "would have happened" ...

it's the same use for the word "have" in both phrases

>> No.49250499

>>49244320
Holy based. I'm but 10k worth now

>> No.49250510

>>49246454
>usually when all the talking heads agree on something, its a direct counter indicator
you are completely delusional, they're admitting the fact because they have no choice anymore, it's coming

>> No.49250697
File: 40 KB, 352x74, Crowd Roars.png [View same] [iqdb] [saucenao] [google]
49250697

>> No.49250884
File: 77 KB, 743x664, f65.jpg [View same] [iqdb] [saucenao] [google]
49250884

>>49241739
You lost you had YEARS and you lost. Fell below monero, and now monero is beating bTRASH into the ground where it belongs. DEFI is a scam. You need to sell you need to capitulate. Pathetic bitches. No one liked you in 2021 shitting up this board. Your hero betrayed you, the fatass is dumping the thots at his shitty project are going to drain your liquidity dry. Get FUCKED. Greedy pigs. No one will miss you. Proof of work always wins. Or you can be like the cucks over in XSG seething for the next decade. I will never stop bullying and I will keep bullying, let sirfatass live rent free in your heads and turn you into mental lunatics. Theres your "truth" NIGGER.

>> No.49250903

>>49250510
I didn't tell you to sell your home or take out a 2nd mortgage or use leverage. However, if you aren't trying to counter trade the mainstream narrative, you will literally never make money in investing. Also people use soijacks to try to psyop you into not doing smart things, like avoiding spending money you can't lose, or "slurping the dip", and if you haven't realized that yet then they're working as intended.

>> No.49250924
File: 46 KB, 888x630, shitcoin.png [View same] [iqdb] [saucenao] [google]
49250924

>>49250884
>monero
no thanks

>> No.49250991

>>49250903
I do get what you're saying, but I think you're seriously missing the bigger picture here
do you seriously believe the great depression was just a "mainstream narrative"?
inflation is not a meme, we've been aware of that since at least 2008, that's why literally BTC was created for.

>> No.49251008

>>49241893
It's only going to get more retarded as more new trading platforms lower the barrier to entry

>> No.49251036

>>49250991
for fucks sake, they wouldn't even ADMIT inflation was out of control until this year, let that sink in

>> No.49251092

>>49241948
I'm gonna give you some potent high-grade hopium fren. There has never been a better time to actively trade with so many retards having access to the market now. I don't know if link or btc will moon again, but some asset will. It's just a matter of paying attention to this tranny basketweaving forum and having a small amount of capital ready to go.

>> No.49251104
File: 548 KB, 990x695, 1638750283099.png [View same] [iqdb] [saucenao] [google]
49251104

>>49250924
mhmm tell me linktard what you plan on using your stinkcubes for? I'm sure another year of breadcrumb posting eric schmidt is going to have impact on demand for your ICO scam project. Stablecoins cant even stay stable and you still drink the koolaid the fat russian feeds you.

also
>XMR/ETH
only retards compare against ETH and ETH had more pumps this bullrun cause of shib normie nigger gambling. Now please bring up the link/BTC charts big boy.

>> No.49251189

>>49250457
What the hell are you trying to say?

>"If the market cap was already in the trillions, we wouldn't have the opportunity we still have".
That's called opportunity cost, and yes it exists.

>> No.49251201
File: 58 KB, 1542x734, uttershitcoin.png [View same] [iqdb] [saucenao] [google]
49251201

>>49251104
>buy my bags
no thanks

>> No.49251253
File: 165 KB, 1008x1008, 1653933474714.jpg [View same] [iqdb] [saucenao] [google]
49251253

>>49251189
>opportunity cost is if you already made it and no longer have the opportunity to make it

I'm pissing and shidding myself laughing over here

>> No.49251296

>>49251201
>trends up in bear market while link returns to the floor

yeah still more then 5x down from past ATH quite a bit more then XMR last ATH please cope more

>> No.49251316
File: 84 KB, 609x76, Referee Whistle.png [View same] [iqdb] [saucenao] [google]
49251316

>> No.49251372

>>49251316
I enjoy these

>> No.49251420

>>49251189
his bags are already filled and he's been waiting for a long time, your argument about being thankful to still have the opportunity to accumulate does not relate to him
ETH holders have been blessed with almost instant gratification on their returns, so why the fuck does it make sense for linkies to wait almost half a decade+?
that pretty much sums it all up

>> No.49251455

>>49251296
>5x down
>past ATH quite a bit more then XMR last ATH
>autistic incoherent screeching ensues
relax Kabir, you're gonna have a stroke or smth

>> No.49251505

>>49250991
I'll put it this way, every couple of years someone is predicting the next recession or great depression. That is the entire narrative around /pmg/ boomers. So obviously you should prepare for that, but there's not really much you can do in terms of the markets, if that's really what you think is happening, you're better off investing in ammo and land and getting the fuck out of big cities. On the other hand, if you put all your eggs in that basket, you'll just watch every bull cycle from the sidelines and never be able to actually build wealth.

>> No.49251521

>>49246366
This, it’s honestly bullshit how shitty it has performed and how manipulated the coin has been and I say this as someone with a top 2k wallet yea the team is full of talented people and have positioned themselves well but Jesus Christ how about throw your investors a bone we def should have made it by now but of course we needed a once in a century event chink flu and new war to breakout smack during the “bull run” worst current bull run in the existence of crypto despite all the shilling to normies via social media and other platforms. We are 100% allowed to be pissed at the dog shit performance when we did our due diligence and had to sit by and watch scams take off and make massive profits while we get BTC dumps every time we pump more than 5%. I don’t think the kikes understand that we aren’t selling I’m more likely to sit in the woods sniping off top members of the financial industry than sell my stack at this point all (((they’ve))) done is pissed me off I don’t even care about their kikery anymore if they want to keep trying to play god by all means manipulate the goyim all they want just give me my payout and let me retreat peacefully innawoods and get out of this clown world. I just want to pursue art, spirituality and not wage anymore.

>> No.49251534
File: 242 KB, 1600x900, 0_UQ6MMOtwyq-JJvUG (1).jpg [View same] [iqdb] [saucenao] [google]
49251534

>>49241739
friendly reminder; once staking is out EVERYTHING changes. nothing operates under the previous "rulebook" and you can safely forget everything you ever knew
things like "bitcoin will always be #1" or "there's no way LINK marketcap goes 100x in a single year" can be safely disregarded

chainlink staking isn't just your average shitcoin staking where you just "lock" your funds and a background function does some unimpressive things and rewards you
with chainlink staking you sell information and you collateralize your funds as a guarantee that you will not lie. even if you decide to lie (against your best interests) the consensus mechanism will detect it, penalize you and reward honest players instead
it provides an enterprise-level framework that monetizes chainlink not just as a token, but also as a service that will be desperately sought after. the price of the LINK token, currently determined mostly by speculation, will thus transform into something directly proportional to an exponentially rising demand for real-world usage

SWIFT, ECB, BoC, GS, JPM, you are about to discover the real impact of these announcements
no, the impact was NEVER "m-maybe le good news will pump my bags"
the impact is the fact that global institutions that dominate the world's economy are aware of chainlink, and incredibly eager to begin integrating its services into their systems

you will see some shit, you will think you are dreaming
some of you might legit go crazy and go on a killing spree or something, that's why we keep trying to prepare you for what's about to happen
you are about to become oligarchs

>> No.49251601

>>49251521
Well nicely worded. Fuck those likes, suppress it all u want and I’m not selling. Also fuck sergay for fucking his investors

>> No.49251721

>>49251455
bulgarians still rent free? Sad. Not even that deep into bear market and link was dropped faster then monero. The fat guy must be running low on funds and needed to dump extra hard.

>> No.49251754

>>49251534
What will really change is the expectation of the new economics more than the use itself.
That's how shitcoins pump with no products, and why Chainlink under performed without it.
A change in expectations can create a new giga pump and euphoria.

>> No.49251772

>>49251420
I guess it blows my mind that someone who otherwise seems normal would be autistic enough to zero in on how he interprets someone else's cope and then go into this weird shit fit about it.

>> No.49251880

>>49251534
I'm cooming

>> No.49251936

>>49251534
Why would we go crazy?
Wasn't the past 2 years already enough to make us insane?
I think you may be a bit too optimistic short term.

>> No.49251955

Link is somewhat like youtube. lt's an essential service that doesn't generate profit revenue. One possibility for link is that its expenses will get incorporated into layer1 transaction fees as some sort of essential service tax. Actually several important non revenue generating projects will probably go this route. It makes more sense to just hold the layer1 token in terms of value maximizing .

>> No.49251967

>>49251534
>2 more weeks it’s gonna HAAPPOOOON
People say something like this every couple of months I’m not selling but good god I’ll believe it when I see it I’m tired and just want to freaking make it and get out of the wage cage.

>> No.49251976
File: 33 KB, 983x539, totalshitcoin.png [View same] [iqdb] [saucenao] [google]
49251976

>>49251721
>bulgarians
I apologize, Dragan

>> No.49252005
File: 356 KB, 1338x747, 4FE88B12-C202-4144-8A14-D67579599BF8.jpg [View same] [iqdb] [saucenao] [google]
49252005

>>49251955
Link already has multiple revenue streams, the fuck are you talking about

>> No.49252026

>>49251104
Do linkholders shit up monero threads? Nobody was talking about your coin here.

>> No.49252104

>>49251936
Same shit over the last 5 years. Fucking pipe dream.

>> No.49252238

>>49246454
BNB 10Xed off of DOGE and SHIBE. It was wash traded on Huobi and OKEX while Binance raised funds arbitraging to Kraken and using the ETH & BTC gained to buyback BNB.

This happened several times if you were watching the trade volumes and deposit/withdrawals. The fact that this can happen and that the biggest Chinese exchanges are involved, means that these groups are probably part of the shitcoin casino group that would sink huge resources into suppressing any project that might force crypto to grow up and move away from napkin math companies.

>> No.49252286

>>49252238
the project is not suppressed in any way though, only the price is
it literally DOESN'T make sense

>> No.49252353

>>49252104
This retarded Block couldnt even stop the Luna event. Oracle my ass hole.

>> No.49252425

>>49252005
Does link pay for itself without speculation bux. Could it pay its own bills on the virtue of the services it offers. No, but to be fair neither can eth

>> No.49252447

>>49252238
I know and you know, I'm just surprised how many people who claim to have bought link 4-5 years ago don't know that this goes on. Or they do and are purposely feigning ignorance to fud, I don't fucking know anymore.
>>49252286
The point is that link isn't being actively suppressed, rather most of the money in crypto is fake. If everyone in crypto did a bank run tomorrow it would be ten times worse than the actual bank run scenario we joke about with fiat funny money. Anons are either ignorant of this fact, or they want link to get its own fake manipulated pump which will mean you can no longer go to bed at night without one eye open and the possibility link can drop to zero tomorrow, because that's what people who are holding BNB and other related shitcoin casino tokens face.

>> No.49252492

>>49252425
Sergey said in his new years address that the nodes were profitable, which is why they stopped the weekly link dumps.

>> No.49252540

>>49248506
>identical system
assuming this isn't a post in bad faith, what system is that? The closest to the Chainlink price feed mechanism is LIBOR and it is a lot more opaque, centralized, and historicaply manipulable than Link.

>> No.49252606

>>49241986
>>49242003
>>49242024
>>49242040

This never stops being entertaining.

>> No.49252756

>>49252492
theyre still depending on subsidies to keep the fees down until more users are on board and the fees lower

>> No.49252939

>>49246366
Anon, the price suppression is designed to make you feel jealous of the other coins with greener price pastures and want to dump your link. Ignore them. In fact, go do something meaningful with your life, build yourself up as Chainlink builds its network up.

This is the biggest investment in history. Most people don't know this and they'll miss out even with massive gains from other projects.

>> No.49253463
File: 39 KB, 432x68, Crayon Clatters.png [View same] [iqdb] [saucenao] [google]
49253463

>>49251372

>> No.49253631

>>49252756
>lies
Based

>> No.49253677

>>49252756
You called it a non-revenue generating project. Give it up already

>> No.49253766

>>49251534
/comfy/

>> No.49253903

>>49253677
you have nothing but insults im not replying to you anymore until you show me some hard numbers. The project ,still trying to get to self sutaining economics, is held up by VC and you wonder why no moon

>> No.49254455

>>49241739
happy bigmac day

>> No.49254608
File: 28 KB, 379x67, Toilet Flushes.png [View same] [iqdb] [saucenao] [google]
49254608

>> No.49254676

>>49252492
mainnet feeds get a few thousand in revenue a month, not enough to cover gas on heartbeats even with low fees.

>> No.49254968

>>49254676
Source?

>> No.49255297

>>49254968
the latest info we have is that users pay $150 per month per feed
https://www.comp.xyz/t/oracle-infrastructure-chainlink-proposal/1272
https://data.chain.link/ethereum/mainnet/crypto-usd/eth-usd
eth/usd has 66 users
150*66 = $9900
however many mainnet feeds don't have anywhere near this amount of users

>> No.49255534

>>49255297
The entire point of arbitrum, which isn't going to be realized until November (maybe sooner but if there's something else its being kept close to the vest) was to onboard enterprise level volume due to ethereum gas prices making that unfeasible. Its a chicken/egg situation, need staking and layer 2 to attract enterprise, need enterprise to make staking/layer 2 money makers, except Sergey and link are in bed with globohomo so they've already got their in.

>> No.49255965
File: 43 KB, 1191x538, 1651210126875.png [View same] [iqdb] [saucenao] [google]
49255965

>>49255534
why november? cos of this larp?

>> No.49256090

>>49255965
No, because of swift.
https://www.swift.com/standards/iso-20022/iso-20022-programme/timeline

>> No.49256179

>>49256090
>opt-in basis
>banks to adopt at their own pace
Just 10 more years

>> No.49256210
File: 57 KB, 569x62, Squeals Like an Ewok.png [View same] [iqdb] [saucenao] [google]
49256210

>>49256179

>> No.49256453

>>49253903
You literally said it is non-revenue generating. That is significantly different than whether a particular node is profitable. Now you want me to provide #’s. Why don’t you provide some #’s since you made the original claim?

>> No.49256501

>>49256090
yeah that posts references swift and the nov date too

>> No.49256657

>>49256501
Well larp or not that's the date, its happening. For years people said link and swift have no connection, now they're blatantly in bed with each other and the only thing to cling to is that somehow swift won't be using link even though they've gone out of their way to wank sergey off in interviews and have explicitly mentioned needing interoperability for iso 20022.
>>49256179
>just time the market and predict exactly when its going to happen bro
If you knew amazon was going to skyrocket at some point in the last decade, would you not have jumped at the opportunity to throw every dollar you have at it? Or would you have said "ha who gives a shit I need a stock like Enron or Pets.com, or better yet the powerball, those guys make it in 1 week."

>> No.49256746

>>49250482
Damn u rite bruh
Is jus be a stupid negro frfr
Finna use da rite grammer n shieet

>> No.49256778

>>49250924
Oh no no monerosisters weve been overperformed by ETH down 90%

>> No.49257300
File: 16 KB, 400x300, 1599023858245.png [View same] [iqdb] [saucenao] [google]
49257300

>>49251534
praying this is true. i want to live in the woods

>> No.49257940
File: 140 KB, 1498x325, become monk escape wagie.png [View same] [iqdb] [saucenao] [google]
49257940

>>49248720

>> No.49258039

>>49245260
>My conviction is as strong as it has ever been.
the price changed, but my investment thesis hasn't
Bought ETH at $16, held "for staking" years later, and it's paid off in spades
Bought LINK at $1.50, held "for staking" years later, so let's see if lighting strikes twice

>> No.49258246

>>49247180
you act like they'll roll up with 30 trillion to dump on it all at once
they'll take shit small and test it out before they randomly dump dozens of trillions in

>> No.49258313

>>49241739
>three years since chainlink went live on mainnet
Yes and it was only fun for about 1 of those years, the other 2 sucked massively.

>> No.49258452

>>49248598
>64 posts by this ID
jesus where do these people come from?

>> No.49259633

>>49256179
They have to be ISO compliant by end of 2025

>> No.49259999

>>49245981
>slaps, as bullets whizz and shells explode nearby
Get a hold of yourself marine. That's an order.

>> No.49260025

>>49259999
Checked. That marine will survive a dud of a consensus.

>> No.49260088

>>49246004
They'll say we got lucky. What They'll never understand is how we weathered 4+ years of intense psychological warfare to make it. I've grown a lot in this time, and I've got many of you to thank for it. Understanding and embracing one's destiny shows true nobility of purpose and spirit.

>> No.49260408

I'm a Hbar and XRP holder, but I'm thoughly impressed with you Link holders, in XSG we get the annoying fudders who always shill link this making us think you have disdain for majority of us. I admire the intellect displayed by many of you here. I'm going to start a thread some point this week discussing coins with globohomo ties. Did you know in the very start they were going to use Rainbow, but backed away as there was superior technology? Anyhow, with all these coins with ties makes you wonder which will they make the standard.

>> No.49260463
File: 3.32 MB, 480x490, 1645248003140.gif [View same] [iqdb] [saucenao] [google]
49260463

>>49259999
checked
>>49260088
checked.
>gambling huge sums of money over four years
>yOu gOt LUcKy
fuck normies

>> No.49261095

>>49260408
They're all part of the standard. XRP for bank-to-bank, XLM for p2p, LINK for the privacy functions to sell both to everybody. HBAR for extreme TPS requirements (microsecond trading, etc.)

>> No.49261943

3 years and absolutely nothing to show for it

>> No.49262073
File: 13 KB, 300x300, amiewchehvehv.jpg [View same] [iqdb] [saucenao] [google]
49262073

>>49241739
Three years waiting yet I'm still sure most degens that are leaving the project will get fucked... I've been waiting for their oracle integration with Dot Finance soon which sounds explosive asf.

>> No.49262385

>>49261095
SWIFT is not handing over B2B fren, Chainlink is like their baby and how they will retain their position.

>> No.49262479

>>49241739
I'm not pissed on what LINK achieved with the past 3 years, the market is just gruesome. Been also holding TEN and their keeper integration is absolute a mindblown for me because it resembles true DeFi

>> No.49262737

>>49260088
Brother all you had to do was buy in 2018 and live your life. That's it. Check back in every few months to see how things are going lol. If you sat around here seriously considering every tranny fud post and not moving other areas of your life no wonder you feel like a tortured prisoner

>> No.49262776

>>49262737
THE DELPHI FUD TRANNIES OWE YOU NOTHING

>> No.49263031

>>49262737
Chainlink has allowed me to be free of the wagecage since 2019, and henceforth have had too much time on my hands. It's true that I've spent too much time here. But I also have a young family, so the time has hardly been wasted.

>> No.49263214
File: 88 KB, 946x1024, mmmmpahtaters.jpg [View same] [iqdb] [saucenao] [google]
49263214

>>49263031

>> No.49263230

>>49262385
I think no matter which cabal wins, they'll use LINK. It honestly matters not a whit to my finances.

>> No.49263421

>>49263214
For you anon, I'll make them with cream.

>> No.49264504

>>49258246
It does not matter in what state or at what stage the network is; the rule is simply thus:
>the higher the token price
>>the more collateral
>>>the more attractive the network is to use for major users

The lower the price of the token is when staking is released, the smaller the scope of the initial rollout.

>> No.49265176

>>49264504
Kek this retard from yesterday is still here fudding. How's the 'chainlink is too cheap' fud coming along? You made lottsa friends?

>> No.49265200

>>49265176
>fudding
You are literally (LITERALLY) retarded

>> No.49265663

>>49264504
>the smaller the scope of the initial rollout.
>scope
>initial rollout
you expect it to fit the whole 100 trillion on day one?

>> No.49265692

>>49265663
The more potential the network has at the time of rollout (or at any time), the better.

>> No.49265969

>>49265692
he didn't ask you this though, stop being purposefully retarded

>> No.49265991

>>49265969
His question is retarded.
I'm saying the higher the Link token price the better. In no way am I saying they'll throw 100 trillion at Chainlink all at once.

>> No.49266022

>>49265991
how long until we get good PA again?

>> No.49266565
File: 4 KB, 225x224, s.png [View same] [iqdb] [saucenao] [google]
49266565

>3 years of no need
You had 3 years to sell
And almost a year to ape into API3
Seethe and sneed

>> No.49266849

>>49241893
Except bezos wasn't paying fat hr roasties 300k$ a year, and didn't hire 30 of them.

>> No.49266880

>>49266849
>Except bezos wasn't paying fat hr roasties 300k$ a year
Neither is Sergey.

>> No.49267010

>>49251534
>ECB
>GS
I know the crumbs for the others but is this new? Was gone for a week or so.

>> No.49267676

>>49241739
Why does chainlink need a 'community'?

I don't get it?

Is this some esg bullshit to get big corps onside?

>> No.49267706

>>49267676
it's part the triad and they copy the github model for open sources initiatives

>> No.49267783

>>49246366

there is this silly commercial about a guy with an innovative solution to spray crops with drones, but it's set in the 50's.
offcourse investors laugh it away.
now take this idea this current year to investors.
just wait.

>> No.49268036

>>49267706
Don't they want to nurture a collection of autistic code monkeys for that purpose?

You don't get them through 'community' events with loads of outgoing NPC's.

>> No.49268619

>>49252026
I only shit up kadena threads, as I think kda and link will be a power combo. They don't compete and they also do what they aim to do better than any other competition

>> No.49268676
File: 2.27 MB, 1838x3244, 1653846004186.jpg [View same] [iqdb] [saucenao] [google]
49268676

>>49266565
Lol api3 pajeets not only got outperformed by link during a bull run. They also are as of yesterday waiting longer for mainnet than linkies had to.

>> No.49268789

>>49267676
>>49267706
>>49267783
>>49268036
>>49268619
>>49268676
can someone answer my question?
>>49267010

>> No.49268890

>>49268789
The answer to your question is;

NO.

You had 5 years.

>> No.49269070
File: 2 KB, 336x77, connorwstein.png [View same] [iqdb] [saucenao] [google]
49269070

Fellas, it's been 4 days since last commit was merged into develop branch in core repo. Yesterday it looked just like a fluke, today I'm pretty convinced they entered some sort of code freeze, probably merging public repo into some major development that happened in a private clone... also interesting - Connor Stein (senior dev on core team who's usually working on big features like OCR2 recently) has made 50 commits to private repos recently and very few on the public Chainlink repos... I'm really starting to believe they'll release something BIG soon.

I know this may seem like low level hopium, but I'm a senior dev myself and tracking their github is kind of my hobby (once my current contract ends I plan to apply for a job at Chainlink Labs so I want to be up to date)... and I gotta say I have not felt this hopeful in a long, long time.

>> No.49269099

>>49268890
I've been here five years, don't recall anything Goldman Sachs or ECB, I think they are made up or a stretch that I've disregarded, but maybe there was something I hadn't seen

>> No.49269198

>>49268890
The news is less than 5 years old tho

>> No.49269250

>>49269070
Hello.
Do grades matter?

>> No.49269473

>>49269250
Not sure what you mean friend

>> No.49269555

>>49269473
Grades in university/ college.
I’ve had a shit run this semester due to chronic illness causing my grades to tank. Will this affect my job prospects or should I be fine so long as I have a projects related to the field I’m interested in to show?

>> No.49269629

>>49269070
Thanks for sharing. Would private repos indicate onboarding enterprise?

>> No.49269764

>>49269555
What are you studying and what kind of jobs do you think you'll be interested in? I don't have any general advice because I'm sure it's different depending on industry etc. I've studied computer science / software engineering specialization and to be honest in retrospect I think it was a waste of time, should have spent that time actually gathering work experience (which I did but only part time). I've also been involved in ~50 tech interviews of candidates for companies I worked for and honestly not once have I looked at the "education" section of their CV. All that matters is experience to be frank. So this is a long way of saying - no, I don't believe grades matter very much. Sorry about your chronic illness friend, I hope you get better soon!

>>49269629
Unlikely to be honest. Connor is mostly doing work on core (Chainlink node software), so so he would not be involved in stuff like onboarding or external adapters.

>> No.49269914

>>49269764
Thanks for taking the time to respond. Studying in the same field. Take care.

>> No.49270871

>>49269099
>ECB
https://www.ecb.europa.eu/pub/pdf/other/ecb.20210412_useofdltposttradeprocesses~958e3af1c8.en.pdf

>> No.49270916

>>49241936
I just started accumulating in fucking March. Idk why I ignored link shills for five fucking years. Kill me

>> No.49270921

>>49270871
>quant
the absolute state of these boomers

>> No.49270930

>>49269070
Hello fellow senior dev. Thanks for sharing.

>> No.49271112

>>49269070
what do you think this could be CCIP, staking, Fss or something else?

>> No.49271780

>>49271112
No way of knowing. All we know is there's code changes being committed to their private repo(s). Given that Connor does work on the Chainlink node software, it doesn't seem unreasonable to guess it's any of those things.

>> No.49272510

>>49271780
Agreed. But out of those three I think staking is most likely, CCIP needs staking in some form, otherwise nobody is going to use those relays/bridges. Staking is also unironically easier to implement in my opinion, they already have a working mechanism for reaching consensus off-chain (libocr), the missing pieces are (1) smart contracts to hold collateral (2) alerting mechanism (3) logic for forming committees of nodes to make judgements on those alerts.

>> No.49272584

>>49272510
As for FSS - my hunch is they'll launch it once Arbitrum Nitro is ready for mainnet, because I don't really see it being used anywhere else apart from Arbitrum sequencer. MEV mafia would not allow it.

>> No.49272667

>>49272510
Interesting to note, while people like Benjamin Cowen will push back on link being a bear market token claiming btc has to be above bull market support for link to rally, it was actually in an uptrend vs btc as far back as July 2018, where it hit a low of 2.7k sats. If we are 1 month ahead of schedule for the bear market as some predict, 22k sats may be the low. If we see something similar to last cycle, when btc had its final capitulation link had already more than doubled in sats, meaning it didn't even change the price in USD. Of course, last cycle link didn't have any positive fundamentals until 2019, whereas this time you've got staking/ccip about to be released. And you can't ignore the fact that link has been in a bear market against btc for almost 2 years now either.

>> No.49272732

>>49241902
I made that, glad you enjoy fren. Time really flies.

>> No.49272739

>>49272510
Yeah, if I had to guess it's staking. All of their recent activity on Twitter certainly seems to be hinting that's what we're getting.

>> No.49272787

>>49272667
Also watch link/eth recover hard in the coming months, when the shitcoin casino closes down. Unless link making a move reignites the btc bullrun, but that's unlikely given macro conditions.