/biz/ - Business & Finance

>>50005249
IT KEEPS HAPPENING

Simpin ain’t cheap incels

They're preparing for staking so all the retards lock in and then dump while they can't sell. Prove me wrong.

We NEED more HR roasties

>>50005249
There is a difference between locking up liquidity and paying LINK token owners and selling OTC to long term investors.
But you should know it already as you seem to make low level fud to hide your panic after shorting the bottom.

Linkies pay for this kek

>>50005568
Holy shit rosties win again hahahahahahah

>>50005249
Good.

>>50005249
They unironically don't have much saved. The wages they're paying with the company bloat they performed is an insane cost.

Plus there was that job opening stating they have been paying employees partially in link tokens - with the dump fewer are likely to be taking this option and so they'll need more funds still.

>>50005249
Staking rewards, dumbass.

>>50005568
Those salaries are fake btw

BETRAYED

>>50005249
you guys realize that they are saying "not more than 5% in the first quarter". that is absolutely insane and if they continue this it means 20% per year. wtf? its over unironically? holy shit

>>50005249
Those 50m are being paid out to OG linkies who stake on v0.1.
I never knew life could be this based.

>>50005702
yes, i bet they service sergey for free

>>50005249
Nexo is insolvent

>>50005777
you should sell!

WTF SATOSHI NAKAMOTO IS DUMPING BITCOIN VIA "BLOCK REWARDS", IT'S OGRE

>>50005956
kek

>>50005832
staking rewards are a max of 5% of 75 million, nowhere near 50 million

>>50005249
Nobody needs defi
Nobody needs smart contracts on a blockchain
This is not worth billions of dollars
Sell before it goes to zero

>>50006019
The total stake at the end of Q1 2023 could be a hell of a lot higher than 75M.

>>50006059
>Nobody needs smart contracts on a blockchain

>>50006019
5% of the remaining Link in team wallets into early 2023

>>50005249
the sheer amount of threads to fud link is amazing here
you don't see anybody spending this much time on any other coin, really activates the almonds

>>50005568
How do you impress Ms. Feinerman enough to get hired at chainlink labs?

>>50005540
They never sell OTC. Shit always ends up on Binance.

Thank you for caring about my financial well being anon. You are an angel. No, dare I say it? A saint for giving me fear, uncertainty, and doubt during these hard fought times, there's no doubt in my in that you have any other ulterior motive but to care about my personal financial well-being. A gentleman and a scholar.

Truly, I thank you and I will be promptly heading to the Binance cryptocurrency exchange to market sell all my cold storage ICO bought never traded Chainlink (ticker: LINK) tokens as soon as possible. I've held for so long, but this thread was the last straw. To my fellow OG ICO Chainlinkers, let's sell together! And don't forget to thank anon for helping us all out, what a nice guy. Thank you sir and have a good day.

>>50005249
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.

>>50006109
Potentially, I didn't think we would see v1 here that soon

>>50006157
Yes I'm aware, was just saying how only a fraction of that 50 million will go to stakers

>>50006377
I'm not racist I just don't understand why niggers and Arabs need to flood our countries and why we need to accept that, I have nothing against them if they stay in their countries.

>>50006133
Literally fake news. Charles Hoskinson and Cardano is the real version of this inspection element fraud you lying fuck

>>50006377
Nice pasta, anyway. YES

>>50005249
also 50 mil tokens per quarter
thats 10% of their remaining wallet, they will either kill the market off for good or run out of dumps soon enough
if there was a real competitor to link i would be worried but as there is not i will jsut take this time to accumulate more
from the looks of it they will run out of tokens to dump right with the next moonshot in the wider crypto market, 2 more years to increase my stack and then moonmission
not bad at all

>>50005249
Does anyone on /biz know how to read or does everyone just take dick in the ass and mouth without reading the fine print.

the fucking pic says "no more than 5% of the 50million tokens" through 2023.

Jesus christ you fucking idoits.

What in the literal fuck is your IQ.

>>50005475
burden of proof is on you, you are making a claim

>>50005832
>The Foundation expects that these token releases into circulating supply will be small in the near term and will be focused on the already occurring oracle rewards
>already occurring oracle rewards
so no, they're going to be granted to existing node operators in existing DONs

>>50007714
are you serious?
>he Foundation expects that no more than 5% of total supply (50 million LINK tokens) will be moved into the circulating supply, over the next 9 months
>5% of total supply

>>50006133
This clearly fake news anon.

The entire global financial systems is NOT about to rely on a "Compliance Oracle" for any fucking thing.

>>50007714
You good?

So with 75 million staked, and a 5% reward, that gives us 3.75 million linkies for rewarding stakers. 50 million minus 3.75 million gives us 46.25 million tokens...what is the 46.25 million going to be used for? How is this good news?

>>50005777
It’s not more than 5% apy in the initial rollout. Then it goes down.
>Still not a fan of staking.

>I thought they had the best treasure chest of crypto.
In English we say "warchest" but there's something really cute and hilarious about this particular bit of Bulgarian ESL, so I'll let it slide.

>>50006163
You should really look into Almond Retention. Try not activating them for a couple weeks and you'll notice improved vigor, concentration, and your acne will clear right up.

>>50005249
Nexo is insolvent.

>>50007925
FFS. Stop tipping them off.

>>50007941
Token not needed.

>>50005956
Underrated comment

>>50005249
They never stopped the weekly dumps, they just do it using secret wallets.

>>50007941
yes let's keep spamming this! it'll derail another thread, no need to deal with facts we were presented today!

nexo is insolvent
nexo is insolvent
nexo is insolvent

>>50006331
I too shall be selling my Link tokens as it seems the only option left after this dreadful news. I'd been considering holding out for staking but I really don't see the point now. Also, CCIP tastes like ash in my mouth, while the enterprise abstraction layer is nothing but a dream, a fantasy. It's officially over, and I'm off now to plug up my Nano S for the last time. Sigh. Goodbye.

>>50005777
>anon can't read
It clearly says throughout the first quarter of 2023, which means 5% over the next 9 months

>>50005249
Nexo just bought back 400k LINK on Binance kek
https://etherscan.io/tx/0x3b216d911a164d2f1263d5200480fbb66f57841715f2838d9f1f52c30c4c9fd2

Is Nexo feeling despair over the latest Chainlink announcement?

>>50005777
Sergey needs money more than we do. We can wait another 20 years to make it, but he needs the money now to build the company