/biz/ - Business & Finance

>>49746043
rundown

>someone opens up a 1M LINK short with ETH as collateral
>immediately LINK/ETH starts pumping for days
lmao

I market bought some LINK, have you done your part anon?

>>49746128
this

also keep in mind, around 5 hours after >>49729897 was posted, the 6th wallet (and only one standing out, the rest being OKEx ones) decided to pay his LINK debt

>>49746043
Reposting my stuff from the 300s last thread.

Someone posted a link to pic attached last night. Ryan Lovell is a dev at Chainlink, the patent describes the tech without naming Chainlink, and the patent was filed by Vanguard. Also relevant is patent US20190377724A1

Looks like there are much bigger players here than a few idiot "Crypto VCs"...they might be playing a losing game against one of the biggest funds on earth.

I'm so sick of the evil link suppressors
just FUCK OFF
let us have our $1000 link

>>49746225
>Ryan Lovell is a dev at Chainlink
He's a bit more than a dev, he's Director of Capital Markets.

there's been a noticeable absence of screeching link fudders on biz these past few days. wonder if they took their foot off the fud petal for a little bit to gear up for one lasts big fud push to assist their shorts.

>>49746225
Pretty sure he worked at Vanguard before Chainlink

>>49746043
there's been a noticeable absence of screeching link fudders on biz these past few days. wonder if they took their foot off the fud petal for a little bit to gear up for one lasts big fud push to assist their shorts.

>>49746225
>>49746225
>>49746225

The publication date of April 19th, 2022 on that patent is significant. This coincides roughly with the deleveraging that started even before Luna crashed.

Could it be that this info entering the public domain caused Crypto VCs (who understood the implications) to start selling their assets (that will become undervalued compared to Link very shortly)? Did big money (i.e., the non- "Crypto VC small fish) change gears when they saw that Vanguard was involved about two months ago?

My first instinct is to go "Chainlink moving the entire market, that's schizo retard garbage". But if players like Vanguard are involved (and this info becomes public domain) other MASSIVE market makers start to put the pieces together and reallocate capital accordingly.

Then maybe the purpose of this shot is "price suppression for the purpose of accumulation". I don't have the economics background to understand that, but it was a theory put forward by last thread's OP. Someone else will have to QRD that.

>>49746297
This
It's doesn't mean anything really.

>>49746128
kek someone couldn't take the "link is dumping against eth" fud anymore and is now ultra rekt

>>49746405
If anything that is more meaningful

>>49746367
>But if players like Vanguard are involved
You literally have no proof of this. All you have is some dude who worked at Vanguard, as if it means anything.

>>49746172
Lol didn't know that. It means the guy is lurking here and said fuck it didn't want to be mixed up in this okex mess

>>49746106
hi anon, how do you make that kind of thread screenshot pic?

>>49746446
the proof is right there in the pic related....

>>49746367
Welcome to hell anon

>>49746550
>>49741657 made it, i just edited it a bit to be postable here
probably he did it simply with screenshots

>>49746446
>>49746446
>>49746446

Hey idiot, THEY FILED THE FUCKING PATENT APPLICATION

It's really nice seeing you and whoever you work for losing ground. You people have no power over the free market in the long run. Enjoy liquidation

>>49746225
Thanks for posting this
Missed it in other thread

>>49746609
screenshots+mspaint

>>49746043
It’s common knowledge that 90% of LINK OG’s came from /pol/, and are thus unironic Nazis and extremely racist. This is evident when you look at the chats whenever Chainlink presents at conferences such as consensus or smartcon. It’s always N word this, N word that.

I personally don’t want to put my money into a project like that and keep that sort of company. Moreover, I question the intelligence of people who shill LINK given their backwards and racist political views.

What nationality are OKex?

>>49746367
dumb ass BTC is in a bear market and everyone is going risk off. Wtf are you smoking?

>>49746646
here they come

>>49746656
chinks

>>49746405
mf the patent itself deals with oracles and DONs, look at the pictures
even a toddler can look at pictures and do basic pattern recognition, right?

>>49746367
Wouldn't this imply that Ryan Lovell invented Chainlink on behalf of Vanguard? What am I missing?

>>49746225
>>49746225

And sorry, I fucked up that post.

Also relevant is patent US11308488B2.

>>49746732
uh oh Sergey is stealing vanguard's patented tech

>>49746646
>>>/r/eddit

>>49746739
In good faith, I don't really know the implications of this. Just saw it posted last night in a thread that got about 15 replies and 404'd silently.

Need anons more familiar with patent stuff to take this and run with it.

>>49746739
It means Vanguard most likely has their own oracle. But I would avoid these hopium huffing retards. They probably think this is some kind of partnership between chainlink or something.

>>49746693
Thanks anon. Watching them squeal after the staking post was one of the highlights of my year.

>>49746746
This was applied for in 2019, but we only know about this now because the application was only recently granted?
Is that right?

>>49746821
See
>>49746273

Is this Vanguard funding their own bags on /biz/?

Holy shit gents

>>49746875
That's my understanding -- that the knowledge of this patent's existence became public on April 19, 2022 when it was granted

Again, I need someone more familiar with how patents work to comment

>>49746925
whats the source of the pattern? who found it do we know, did it come from twiiter?

>>49746897
cool story faggot. Show me where Vanguard partnered up with chainlink and is buying up the link token.

>>49746897
FUDDING Fuck me

See this desperate attempt
>>49746446

Maybe this is why there's been so much Link fud here all along

>>49746405
>>49746432
Not impossible that if he did anything chainlink-like at Vanguard, Vanguard are filing preemptively in case they can sue over IP later.

>>49746144
Sergey is a soiboi faggot covid hypochondriac confirmed

>>49746229
they want $1000 more then you you fucking retard

When the borrows started, we peaked in volume (selling volume) and now they are despaired and scared af because LINK/ETH is pumping despite this crash.

LINK MARINES CAN STAY DELUDED MORE THAN THE MARKET CAN STAY SOLVENT

>>49746043
>>49746043
>>49746043
>>49746043


I'd also like to redirect attention back to the OP topic, which is probably more significant at the moment. Read that thread if you haven't already.

The vanguard patent thing probably deserves its own thread. Putting it here only so that anons who missed it last night are aware.

>>49746367
>price suppression for the purpose of accumulatio
hey its this retard again spamming his copypastas! welcome to crypto i see its your second day here! congrats on learning that bigger fish want to supress prices to accumulate more. i cant imagine what youll learn on your second day of crypto!

>>49747099
the last thread was amazing because people mostly ignored the derailers like this one until the end. let's keep that trend going here and stay on the topic(s) at hand.

>>49746225
https://www.youtube.com/watch?v=O8IavGgtQMA

AHHHHHHHHHHHH

Guys I found the main NEXO wallet
https://debank.com/profile/0xb60c61dbb7456f024f9338c739b02be68e3f545c

Can track several 1M LINK txs out of their exchange and into loan platforms

>>49746987
Show me where Vanguard has its own oracle you bad-faith tumor.

Qrd? Do I short or long?

>>49746646
Sad that this is what fudders have resorted to

>>49747197
I mean, some biz anon must have the analysis software to find exactly how much they're still leveraged in LINK shorts, right?

>>49746225
>>49746367
>>49746621
>>49746746
>VANGUARD
https://www.youtube.com/watch?v=q4Vpk99VpsM

chainlink-vanguard connection, posted almost exactly 2 years ago
never found this before today despite browsing this place almost daily for 4 years
watch it

https://www.youtube.com/watch?v=q4Vpk99VpsM

>>49746897
I see that Ryan Lovell, the guy that invented the oracle this patent is about, is working at CL currently. However, the patent itself is still held by Vanguard. Is that not a danger to CL? Can Vanguard file a cease and desist? Do we have any actual confirmation CL is on the same team as Vanguard?

>>49737806
>In the past 2 hours when this thread started they withdrew 500k LINK from FTX and repaid their loan?
>It seems they were late to the party and gave up after they saw this thread.
>>49738139
>Like vampires they fear the light of public exposure.
To expand on this, one of the biggest leverage traders in the crypto space tweeted pic related a few days ago in reaction to Celsius getting liq hunted. The premise of the book he mentions (for those who haven't read it) is that every civilization in the universe (and there are billions of them in the book) have fallen into an unescapable social phenomenon dubbed "the Dark Forest". Any and all intelligent life is deemed too dangerous to let live, lest they find out where your civilization resides and decide to pre-emptively destroy you to secure their own existence. Thus, there is huge incentive to destroy them first. Due to this stalemate, every indication of the position of your civilization is akin to lighting a fire in a darkf orest full of hunters. The moment you (or someone else) highlights your position, you have to douse the fire and make a run for it before the hunters target you.

In the book this plays out when the coordinates of a star are broadcasted, after which at least one nearby civilization decides to blow it up, their motivation being self preservation. In the cryptoworld, the positions are not coordinates but on chain positions and their liq prices. The hunters are not civilizations, but other traders. The motivation is not self preservation but monetary gain.

All in all, the analogy makes perfect sense. Dark Forest doctrine dictates that whenever your position is known, you pack up shop and move. I.e, close the position/repay the loan. If you don't you WILL get targeted at some point. It's not worth the risk once you are exposed.

Just thought I'd share since I just finished the trilogy and was taken aback by the synchronicity and aptness of the analogy.

>>49747150
concluding that whales want to suppress price to accumulate doesnt really add to the conversation anon. it does when its your first day here but most of us have been here for 4-5 years already, please catch up or stay out/go back to redit

>>49747237
Read through the last thread, fren. Anon goes into the exact details of their leverage/liq prices

>>49747150
Good call. To expand on why I mentioned price suppression for accumulation purposes in this context, see OP's guesses on why some entity is so short link. It was his number 2:

"i can come up with only 3 scenarios:
1. some whale plans to short LINK or is very bearish on LINK
2. some megawhale wants to make a massive LINK purchase, but is worried of slippage. so he will instead "buy" indirectly by borrowing LINK and eating up the liquidation penalty, as it will be a small price to pay for getting to "buy" LINK for cheap. in that case you should get your link the FUCK out of aave ASAP
3. some defi/cefi platform is running low on LINK and they use AAVE to make up for it. there has been a lot of cluster fuckery recently"

>>49746229
shorting makes the price go up. Every short order is a pledge to enentually buy

>>49746977
It was Kooter from Twitter. Bit of a fag but he dredged this patent up like over a year ago. Never got traction during the bull and the despair of LINK not doing anything.

>>49747295
Nice post anon, great analogies.

>>49747216
Buy spot and go long. Every link off the open market is a fag swinging from the rope.

>>49747091
>visible mustache
your taste in "women" is horrible

Do we need to remove LINK from AAVE specifically, or is it sufficient to move LINK off exchanges to create liquidity issues for them? I don’t use AAVE

>>49747276
Interesting. So this patent appearing 2 months ago represents conformation of 2020's shizo-posting

>>49747295
So the fact that whoever has this huge short public either means they're desperate and can't hide it anymore or it's some sort of decoy?

>>49747424
both, ideally.
But exchanges more. On AAVE, the shorters need to pay interest on the LINK they borrow to short, and the more is borrowed, the higher that rate goes.
On exchanges, they simply sell their users' LINK with no interest paid at all, they just do fractional reserve

>>49747424
both
exchanges increasingly act like banks, using defi platforms for yield
remember when binance started offering 10% apy on link for a very limited period? they were clearly dangerously close to a bank run, that's why they did it

>>49747295
great books yeah, still to read the third but my friend said it goes a bit over the top

>>49746646
> everyone that owns like are nazis
KYS, dumb nigger

>>49746144
More of LINK and more of their partner ALBT, all ready pajeet

>>49747276
uhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

>>49747340
A pledge yes, in the future. But first and foremost the tokens are sold the moment the shorter shorts.

>>49747373
Thanks anon.

>>49747438
To me it makes it even more evident that the holder of the positions WANTS to get liquidated because he is actually buying LINK (option 2 in this post >>49747330). From a Dark Forest/Game Theory perspective it is a suboptimal move to let an exposed onchain leveraged position sit there for all to see (and attack) without an ulterior motive.

>>49746646
Don’t implicate us with this russian scam coin we are ICP chads

>>49746225
>>49746367
>>49746621
>>49746746

And just to recap on the logical reason Vanguard would be interested in a technology like this, and why it's not necessarily schizo retard garbage.

Chainlink has essentially arrived at a means of commodifying data itself, in the same way that Google figured out how to to commodify people's attention/use of the internet (i.e. advertising) earlier in the century.

A technology that commodifies data itself is potentially the most valuable tech on the market currently.

None of this is to say "Muh NWO Great Reset" etc is a thing. But it's potentially the most valuable blockchain based tech, so you'd think that one of the biggest firms on earth would be involved and invested. None of this needs to be NWO conspiracy shit to make sense/be a reasonable explanation for the involvement of players like Vanguard

>>49747490
>>49747554
Ah ok ty. My poorfag stack is in my personal wallet so I’m doing my part. Might slurp a little but we’re gonna need some serious slurping power to liquidate these OKikes.

>>49747627
https://twitter.com/fidelcashfloo/status/1537485578899439616?s=21

>>49746043

SWINGIE ARE U OKEX? ARE U OKEX?

>>49746990
> Sergey is a soiboi faggot covid hypochondriac confirmed

>>49747276
WTF
T
F

>>49747710
Enterprise abstraction layer comes this year as well.

>>49747557
The third is a very "woman moment" book start to finish. Still has very interesting ideas and is worth reading, but you'll see what I mean. The dark forest is the best of the three IMO.

>>49747801
https://twitter.com/fidelcashfloo/status/1537485578899439616?s=21

>>49747557
>>49747815
Exactly this. Still really enjoyed the first half of Book 3 where they don't focus on the poor wahman. 4d -> 3d shit was very well described.

>>49746043
It's over for linkies. The Great Short draws near

these past few days have killed any pretense of fud4fun existing
it's literally just kike funds gambling and trying to manipulate sentiment to either buy cheapies or get rich out of shorts

Threads like this moving quicker than anything else that is posted on tgis board bar SMG really does show that 90% of this board are link holders. You guys all actually held all the way down?

>>49747949
We know what we hold. Toucan needed.

>>49747949
I sold a few dozen link only because I needed ETH for my own project. I feel this is morally justifiable as it's my own thing instead of selling for FUD. I'm never going below a sui and I rebought all the link I sold + moved out the remainder link I had on coinbase to a hardware wallet as of last thread.
Notable >>49745054
Unanswered: >>49734568

>>49747949
just moved into the market for a quick swing trade because i liked the chart. seems to be more going on in the background than i understood. perhaps, i need to re-evaluate, and stack chainlink for the longterm.

>>49746043
does your monitor has jaundice anon. shut it down.

>>49748086
Yeah maybe you need to re-evaluate

>>49747801
>>49747276
>https://www.youtube.com/watch?v=q4Vpk99VpsM&
huge

>>49746990
Sirgay is obsese and thus at risk. Its a 150 iq move. He doesnt want to die before completing his magnum opus

>>49748109
Kek

>>49747710
>reason Vanguard would be interested in a technology like this
It's also possible that they're *not* interested in it, but they're taking steps to increase their chances of profiting via litigation if someone else makes a success of it.

>>49748247
sirgay wouldn't be considered obese even in europe, much less in america where he's probably in top 1% fittest americans

>>49747295
Are you spoiling the book? I haven't read it yet.

>>49746646
FOCE
(Fuck Off Chainlink Employee)

>>49748086
I think a lot of CEXs and VC firms are getting caught with their pants down, and that things are going to start moving pretty fast due to contagions. Not sure what it means either.

I'm going to start re-posting stuff from OP last thread, because we need eyes on it. I'm not savvy enough to comment on the technicals here.

>>49748302
See>>49747289

Not sure what it means. Patent held by Vanguard but authored by >>49746273

>>49748055

Aavewatch. Its never had more than 1-3% borrowed

>>49747295
doesn't zk-snarks protect against this?
>>49748365
>axiom 1: civilization must grow to survive
>axiom 2: limited matter in universe
is from the first chapter everything else he said is derivable from those axioms.
>>49748397
ty

>>49747910
I fud out of seethe of being down 90%. I bought in 2017.
But this is a good thread so i will partake.

Anyone post this on link twatter yet? ITS TIME MARINES! WERE GOING TO WAR HURRAH!

>>49746043
>>49746043
>>49746043

From last thread's OP:

as of today, ~40% of AAVE's total supply of LINK is currently out in loans
if you've been paying attention LINK loans in aave have been pretty rare, with the platform typically having a 1% total borrowed/total supply ratio on LINK, thus storing your LINK there never really got you any interest
but as of today, you get 2% APY on your LINK

so what the FUCK is going on? it appears that this deviation from normal started as of barely even a month ago
some party has been slowly but steadily borrowing up AAVE's LINK throughout these past few weeks, but to what end? what is the motivation for one to owe LINK?

i can come up with only 3 scenarios:
1. some whale plans to short LINK or is very bearish on LINK
2. some megawhale wants to make a massive LINK purchase, but is worried of slippage. so he will instead "buy" indirectly by borrowing LINK and eating up the liquidation penalty, as it will be a small price to pay for getting to "buy" LINK for cheap. in that case you should get your link the FUCK out of aave ASAP
3. some defi/cefi platform is running low on LINK and they use AAVE to make up for it. there has been a lot of cluster fuckery recently

anyone got any leads or could help in any way with this rabbithole?
i've been here daily and nobody has pointed this out, kinda surprising (and scary) actually that nobody even noticed

>>49747949
Yeah. I sold my eth for 12$ no cap I will kms if I let link get away from me so I will just hold until im rich

>>49747834
He went from shilling LINK, to researching, to shilling shitcoins, to creating a paid group, to becoming a furry. Disgusting.

>>49748493
>>49748493
>>49748493

>>49748397
that shit is not up to date and even displays the same graph for V1 and V2 for some reason (both just show V1 imo)

>>49748165
https://youtu.be/J3IlqY1CbI0

>>49748535
>>49748535
>>49748535

https://etherscan.io/token/0x0b8f12b1788BFdE65Aa1ca52E3e9F3Ba401be16D#balances

whale #1
controls almost 18% of the debt (nearly 1 million borrowed LINK)
also owns another 0.5 million LINK of his own
loan fully collateralized by wrapped ETH
28 days old address, funded from OKEx

whale #2
14% of the debt, 45 days old
again fully collateralized with ETH, again funded from OKEx

whale #3
12%, 8 days
ETH, OKEx

whale #4
10%, 87 days
ETH, OKEx

whale #5
10%, 35 days
ETH, OKEx

whale #6 (9%) is the only legit looking wallet, you can check it yourself
https://etherscan.io/address/0x712d0f306956a6a4b4f9319ad9b9de48c5345996

whales #7, #8 and #9
7%, 6%, 5%
65, 80, 85 days
all collateralized by wETH (and having no other assets)
all OKEx

so yeah something extremely fishy is up
it feels like all of them belong to the same person, either a whale who uses OKEx or OKEx dabbling in manipulation themselves (looks like they got quite a tarnished record)
divided wallets either for safety and/or to keep their track low, but obviously it's the same person

did my part marines
spread the word, ignore this, try to get some crumbs yourself, do as you wish
WAGMI nonetheless

Vanguard will sue chainlink labs for patent infringement, making it obselete technology since you can't legally develop chainlink related services in the US

anyone else just comfy getting that sweet APR? Jealous non-loaners are making up crap with vivid imagination creating this imaginary boogeyman that doesn't exist.

>>49748676
kek

>>49748394
>Not sure what it means
Vanguard hire blockchain-tech guys to sketch-out decentralized securities as a possible future direction to go in. For whatever reason they decide not to proceed. Blockchain-tech guys move on. Patent filed in case the IP later turns out to be obscenely profitable for someone else.

>>49747289
> Is that not a danger to CL

Correct me if I'm wrong, but as far as I know, it would be a danger, if Chainlink was using that patented technology, but it isn't.
Ryan Lowell working at Chainlink Labs doesn't change anything when it comes to Patent Rights, but its interesting to see that he left one of the biggest and most powerful corporations in the world just to work for Chainlink Labs.

>>49748676
>You would need to make sure there is enough liquidity (not borrowed) in order to withdraw, if this is not the case you would need to wait for more liquidity from depositors or borrowers repaying.

>>49748576
excellent, this is what we needed.
Makes it very clear.

Fact that they borrowed another 350k just 2 days ago means they think it can go way lower.

Leveraged up to the tits.
Liquidation price for whale#1 around $9.30 but he has LINK
other liqs around $13

>>49747330
Theres also a 4th option, and thats people with a lot of influence using an exchange to manipulate the price for them to buy lower. Binance was rumored to be manipulating THETA before every crypto shit the bed so their corporate friends/partners could buy in lower.

This might be one of the more interesting threads I’ve seen. Was recently checking about Benqi, and it seemed like LINK is the most borrowed asset on there too, even though their liquidity was only about 1.4M LINK with a total of ~500k borrowed. It was a few days ago, and I’m not near a computer for me to check what it is now. Yes I am phone posting, no I don’t use crypto on my phone, I use my airgapped lappy.

>>49748797
>if Chainlink was using that patented technology
It differs in terms of the central and intrinsic role of the LINK token, which completely distinguishes the technology and invalidates any claim of infringement.

>>49748843
>>49748847

I'd copy-pasted that from early in the original thread, which you can read here for more info re wallets and movements of tokens. OP and other anons gathered wallets and transaction records; it's all on-chain:

>>49727432
>>49727432
>>49727432

>>49748942
Okay, nice to hear. So what exactly happened, Vanguard wanted to expand into monetizing data and was moving in that direction but CL poached their talent and after researching CL Vanguard decided to fold and bend the knee rather than fight? When I say this it sounds crazy, Vanguard are fucking Vanguard. What's going on?

>>49746144
Someone please give rundown on new shirt, what conference was this? Was it the same one with Ari wearing the mask?

>>49749083
Congratz, you might be figuring out the superiority of the cube-hexagon, and how it reigns over all.

>>49748676

This post kek
>imagine the sweat

>>49746367
you either have LINK in your wallet or you dont
many people have LINK on exchanges, IOUs from AAVE or Bancor.
those people do not own LINK
what will happen is there will be a significant shortage and price will go up.
Im wondering if exchanges will "sell" IOUs because of "volitile markets"

>>49749083
Maybe Chainlink Labs refused to sell out, because they think their commodification of data/information is big enough that they don't need Vanguard's capital. Maybe they let Vanguard keep the patent if they get to keep the tokens, or something.

Remember that they probably sold at $50, which crashed the price short term and killed Link's bull run, but left them less dependant on outside capital as a result. Don't they hold like 30% of the total tokens? If it takes off like schizo anons always claim, that could put them on par with the big-boys

Just spitballing here, no idea

All the legit old school autism surrounding LINK makes me bullish

How many Links do I need to be able to afford a respectable and nice but not too extravagant house in 2030?

>>49748676
>>49748263

>>49749083
No
Vanguard is using symbiont
Symbiont has been spouted by link schizos since 2018
If you ctrl f the patent and read the oracle parts, they specifically mention using oracles for things like fx rates.
You don’t have to be over 100 iq to figure out they will use chainlink.

>>49746144
I did and I'll do it again

>>49748924
Lol if this is true it means someone is scrapping all the link liq left. Either desperate or has a huge alpha

>>49749240
>2030
Probably 1k or less.

500 eth at one point only cost 2k, I remmeber people were demoralized thinking its not enough, link has the potential to be bigger then eth

next gme?

>>49747949
I sold at $40 but I plan to buy back in with some of my gains when we bottom out, so I’m still here

CMON RICH /BIZ/ NIGGERS DO SOMETHING I KNOW YOU LURK HERE.

>>49749330
>what is market cap

>>49746367
These are the types of LINK threads that I miss deeply from 2018/2019. Thank you for the hopium during these dark days.

>>49747276
i remember this guy's channel from his video about ari being satoshi. had forgotten about the vanguard thing. also can someone post the picture of ari with the pokemon/satoshi scarf? that's a really fantastic picture, and i have no idea how i lost it....

>>49747949
What part of "never selling" do you not understand?

>>49749407
Everything the anon said is correct. Honestly crypto mcap is so fucked it doesn't take much to pump it disproportionately

Where is the proof of a short?
Show me on chain or in an order book not with a loan
Fucking schizos

https://www.youtube.com/watch?v=NnMpw-G_OgQ

https://www.youtube.com/watch?v=4SuCMVmVwBE

ZE PROOF IS IN FRONT OF US

>>49749407
Mcap is pretty irrelevent at this point.
Doge, shib, xrp are garbage with huge supply and still pumped to the top.

Fact is crypto is a drop of water compared to the ocean that is the global financial system

>>49746821
Yes because Vanguard would want to invest the time and energy into developing and maintaining their own oracle solution instead of using the most widely adopted and trusted open source technology. With the involvement of Chainlink employees in the patent application. Makes a lot of sense.

Is it not a problem for link that it runs on the ETH blockchain?
I heard it has a shitton of fee’s and is slow for real application purposes.

>>49749560
Borrowing link with eth as collateral is essentially a link short
Anons don’t mind explaining this, but your attitude is making you look like an idiot.
This whole thread has gone over your head.

>>49748676
WHO is behind this post

>>49749560
>>49749560

See
>>49748576

And read the thread I copied that from for more + context

>>49727432
>>49727432
>>49727432

If link is about creating decentralized services where the user has full control of their asset , isnt it contradictive to not use protocols like AAVE which feed the chainlink network with fees? Where does chainlink really profit from real world usefull applications right now?

Is it just me or does link look like it's priming the mother of all God candles?

>>49749638
I’m not sure what is going on here exactly but staying in usdc until we see

>>49749621
its chain agnostic, already on avax, bsc etc and just deployed on solana and moonriver as well

>>49749691
aave being used is good yes but parking your linkies on there works against your self interests since it enables shorters
use it with other assets like depositing stables

>>49749638
borrowing link with eth just as the link eth chart reverses, the fuck were they thinking

>>49749820
Yikes, RIP whoever's shorting this.

It's so obvious that it gives creedence to

>>49748493

#2 on that list

>>49749820
The thing is im slowly leveraging my stack as i buy more on the spot and add to my collateral . Could this pottentially hurt me? The only risk i have is like a 1M 60% candle , is this a scenario where it could happen?

>>49749890
>>49749890

Yes, read through this

>>49748748
>>49748748
>>49748748

I'd get out right now

bamp

>>49746621
IP law fag here

Call me when it’s registered , link fags are getting desperate

>>49749953
Can you elaborate? I genuinely want to know why it wouldn't matter -- not sure about Patent law and want to understand

link bros get the fuck in here were becoming #1 coin by marketcap >>49749327
>>49749327

>>49746621
it's literally over
the claims fuck chainlink's business model up

>>49750285
Can you elaborate please? Asking in good faith, what do you mean?

Apparently there's around 3 million linkies stuck on withdrawal on Bancor, with people getting only around 60% of their LINK back, the rest in BNT which they promptly insta sell to try to make their LINK stack whole. Check the thread here >>49748748

That means there's around 500K-1M linkies being market bought at the same time this desperate LINK short fuckery is going on.
The plot thickens.

>>49750426
wow, finally a thread that has the memetic magic of 2018 back. feels comfy, thank you for all the contributors.

had ~2k stinks on aave, yanked them out for the cause. will be market buying more later today.

>>49749705
It's just you

>>49750352
>>49750285
>>49750060
>>49749953

Not one response from either of these. With every post you people make, the game being played here becomes more transparent.

This is verrrrrry bullish

>>49750828
it's probably just people pretending to be them but anyway, the onchain data and timing is bullish enough.

>>49747949
Yes. Literally never selling. It’s not even about the money at this point I just want to be right.

>>49746043
looks like someones about to make a shitload of money shorting link because link is going to crash to nothing

Okay. If someone can connect this back to
>on the eave of hippasus demise we’ll see Chainlink in the skies
I’ll literally sell my house and all in on Chainlink.

yea fuc you guys i have sold 3,000 link the past year and dont regret it kek....

average sell price 39 dollars...


will start buying back in slowely now

Pulled my remaining link from Binance. Feeling really comfy rn. Vanguard has probably granted an exclusive license to CL for commercial exploitation of the patent discussed in this thread (if it is even needed that is). What’s the chance of Vanguard commercializing Oracle services on its own with CL being the industry standard.

>>49747306
Answering newfag questions helps the entire board succeed you dumb nigger. We want to pull in more capital.

>>49751367
the chances are pretty close to 420% my fren

>>49751367
> What’s the chance of Vanguard commercializing Oracle services on its own with CL being the industry standard.
high but other competitors (see IBKR and company) will compete with their own products

It's starting to spread on twatter
Exposure is the last thing these shorting faggots need
Use this as an opportunity to get the mass of linklet newfags to pull their stacks off all platforms

Any way we can stop them? Post this shit on twitter I know some of you guys crosspost there

>>49749865
>RIP whoever's shorting this
why? it could easily crash again and make a lower low, it literally happened 6 months ago

>>49750828
>spoonfeed me

>>49752572
you underestimate the collective autism of this board and the frog gang on twitter. nexo got absolutely destroyed last year and this is going to be a blood bath. tie into the fact that eth is performing veeeery poorly and will likely continue while chainlink is being bought up.

>>49747949
You didnt read when we said we're literally never selling?

>>49746043
This is literally the most pathetic attempt to get anons to buy your shitty bags before the entire market tanks lol
Fair play if people fall for it but jesus christ how fucking dumb do you have to be to buy anything right now

>>49752806

Your noose is being tied by anonymous autists from all four corners of the earth in real time, fren.

Enjoy your liquidation. Really, I mean that

>>49752806
You're irish

CLG retweeted
https://twitter.com/ChainLinkGod

That Z faggot is missing a good LARP opportunity

>>49746043
beautifull. fuck Link and fuck biz

>>49746225
schizo meds now

IS THE SQUEEZE SQUOZE??????

nah seriously though this guy is gonna get blown the fuck out

>>49753248
checked and based

>>49748676
These posts remind me of when nexo were being short squeezed. Bulgarians in every thread with a combination of seething and 'anyone who doesn't lend to nexo for 6% is a cuck'. Then they got fucked, glorious.

The difference is, today, they are desperate for liquidity on EVERY exchange. Exciting.

>>49746128
He was from /biz/ for sure

Not to be 2spooky but what if instead:

1. big whales exposed to link on bancor see the death spiral occurring
2. initiate withdraw which takes a week
3. short link
4. withdraw goes through, they sell both the link and the BNT they get
5. their shorts print absolute bank
6. they close their shorts and rebuy link much lower

>>49753386
markets always go for maximum pain because that means maximum profits. get fucked linknigs

>>49753386
oh yeah and I forgot, they could also have enough spot link set aside to defend the buys from autists, enough to defend the price from going up before their bancor withdrawals go through.

>>49753469
It's not the autists they should worry about.
They got caught with their pants down and the biggest whales don't mind eating some real meat with their plankton. In fact, they vastly prefer it.

>>49746106
hi anon, how do you do fit those dick in that ass, that ass?

https://etherscan.io/address/0x0548f59fee79f8832c299e01dca5c76f034f558e

tetranode you faggot we know you withdrew over a million link to ftx few days ago and now spamming link threads

>>49753541
ok but the biggest whales that actually want more link could buy way way more if this goes down the opposite way that /biz/ is thinking, they would love to get it cheaper...

bump

>>49753115
Nice!

>>49746128
>>49753382
kek
Buy high sell low..
However trying to defend the stETH peg shows we don't see everything in these wallets and this may be the final part of their game where their investment plan turns against them.

>>49753602
动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门

>>49753386
I believe this is what's happening. The two events are connected.

>>49748593
Retard. Try to keep up

>>49747289
inb4 chainlink pays some sort of royalties to vanguard to use shit
but if so they can pull it at any point
but also, patents only apply in the US. what the fuck are they going to do about a decentralized oracle, sue the CEO of bitcoin?

>>49753386
or they baiting people to withdraw from the pool, cancel withdrawals and just prior to link pump, make bank from trading fees from link's god pump in a now less diluted liquidity pool

>>49753248
checked and we did it reddit!

>>49746854
it was fun to see the "3% HAHA LINKIES" Posts fall off in a single day when staking + 5% were announced

should I open a leverage long on stinkies?

>>49754000
checked

>>49754000
>this gets posted
>thread basically dies

hmmm

>>49755537
We have been talking about this for almost 600 posts now.

>>49747710
>commodifying data
Yes, price data and random numbers, used by hundreds of people that gamble with worthless chuck e cheese money online. That's similiar to Google, yes.

>>49746144
I bought more ATOM, RFOX, and MANA. I already have a heavy bag of LINK.

>>49755755
checked but you're an idiot

>>49746144
I buy every Friday regardless of the price

>>49748086
Now is not the time for swing trades. Now is the time to accumulate cheapies at a discount. I'm buying RFOX and staking it on Rfox finance for 40% APY.

>>49755755
Cute

>>49755856
gmi

>>49749673
This is accumulation with no slippage (or greatly reduced). It has already happend before. When link ran to 20bucks for the first time and "zeus capital" aka simeon from nexo published their fud. Now when you take into account nexo trying to buy out celsius who has 6.7m link in anvault as collateral on makerdao, then bancor has a few million link which wont go back to then lenders if price jumps up very fast. They will get usless bancor. Interesting times ahead

>>49756270
>nexo trying to buy out celsius
I completely forgot about this fucking lmao

>>49747949
been holding since june 2018
checked out for the duration of the fud but back again

>>49756270
this meqns we going up or down? I want $3 link

>>49747949
What part of 'never selling' don't you bulgarian trannies get

>>49747276
What the fuck, I browse this shithole DAILY and didn't see this.

>>49747949
What else would you expect?

>>49757288
Same. Stuff gets deleted all the time if it's about Link. It's obnoxious.

This is going to end up being a nothing burger and you guys are going to be shitting up all link threads for a month like the nexeo shit, aren't you.
AAVE utilization is going down, we're at about 10% utilized.

Oh, something else to remember: The nexeo shit was to all keep news about Link still getting further integrated with swift suppressed. So while chasing this red meat, don't ignore big news.

>>49746043
so what in the fuck does this mean?
big dump in the short term moon in the long?

>>49746144
Not to >twitter screenshot, but thankfully he did not bring this himself, I remain bullish

>>49746144
I did get 80more cubes and withdrew all of it from AAVE.
THE FIGHT IS ON AUTISMO BROTHERS

So basically this entire link dump shit show is because you greedy faggots can't wait for actual staking so you're loaming it out to smarter traders who are fucking you for -90% gains in exchange for 1.5% returns per annum? Good job you fucking retards. I know it's all the people in this thread. Only biz and wed faggots own stinklink. You did this to yourselves.

>>49746144
What the fuck

>>49746646
Good bait, well written

>>49758407
Don’t forget people like me who keep everything on exchanges because we’re too scared of being responsible for our own keys

>>49758489
anon are you retarded?

>>49746815
Built for BGC

>big gringo cock

>>49749194
This is a mischaracterization of the situation.Chainlink Labs did not sell out. They have not sold any shares or equity in the company. They have not sold any IP or patents.What they did was agree to a business partnership with an organization called "Vanguard." This partnership allows Vanguard to use Chainlink's software to help power their investment products. Under the terms of this partnership, Vanguard has also agreed to pay Chainlink Labs a percentage of the profits generated by their products that use Chainlink's software.This partnership does NOT give Vanguard control over Chainlink Labs or its technology. It does NOT give Vanguard any ownership stake in Chainlink Labs. It does NOT give Vanguard any say in how Chainlink Labs runs its business.Chainlink Labs is still an independent company, and remains 100% controlled by its founders, Sergey Nazarov and Steve Ellis.

>>49760041
Why would Vanguard need to pay Chainlink Labs to use Chainlink, instead of just using the fee mechanism? Does their agreement including additional payments (percentage of profits) because Chainlink Labs is going out of its way to build the product that Vanguard wants?

>>49746144
I added 240 linkies

>>49760400
Yes, Vanguard likely pays Chainlink Labs for its services because Chainlink Labs is going out of its way to build the product this customer wants. This may include additional payments. It helps to offset the cost of developing and maintaining the product.