/biz/ - Business & Finance

>>50093089
When price go up

>>50093089
How big is your penis?

>>50093089
Thank you for your effort as always.
Is becoming a neet after making it with crypto and pursuing different interests not centered around a job a bad idea to begin with?

>>50093105
When effective token supply decreases or effective token demand increases
or both

>>50093105
You got him with this one, because it's never going up

When LINK tops out at $8 after the 3rd smartcon is a dud, how will you pivot? When do you sell all your LINK for ETH like smart money?

Recession pushed smart contract adoption back 5 years. If you deny this you're delusional

>>50093089
When fucking staking?
When fucking ccip?
When fucking deco?
Town crier?

WHEN FUCKING ANYTHING DAMNIT

>>50093129
7.5"x6.5"
>>50093137
It is a reasonable idea if you have already done enough in life such that you can honestly tell yourself that you are satisfied with your accomplishments
If not, no

Practically speaking it goes something like this:
Someone who is already doing OK decides to take on a hard project. They do it and it ends up being even harder than they imagined. At the end they want to cut loose and never work again. They spend 3mos-2years mostly having fun before the shine wears off, then they re-enter their prior field but in a role where all of their activities are enjoyable to them (mentoring, investing, doing specific parts of projects where they have unique expertise)
And then they're generally happy
>>50093151
I'll continue to hold link so long as they have the highest quality team in all of crypto and they keep producing the highest value offerings
At current i do not see this ending

>>50093158
Staking and ccip this year
Deco likely after that
If deco is successful it generally renders most of towncrier obsolete, so unlikely that it would be high priority

do we really need to move from web2 to web3?

can you explain chainlinks tech in 2-3 sentences?

>>50093304
web2 is the temporary internet of untrustworthy data
because the data is untrustworthy it generally cannot be used to automate value transfer
web3 is the tamperproof internet of trustworthy data
because the data is trustworthy it can be used to automate the trillions of dollars of trust services that are currently serviced via legacy systems

What will the enterprise abstraction layer entail? I have a killer application that I am building for my company but I need to have a structured way to be able to trigger fiat payments from the smart contract in order to successfully sell it

>>50093089
Please, you have the meme of the Japanese officer speaking to his squad, some of them leaving after hearing bad news, then the rest staying with his officer?

>>50093089
Why Fatoshia Betrayamoto us?
>>50091111

>>50093338
What are some examples of these trust services?

What is your take on various cefi platforms shorting link and the possibility of them going under if link pumps too high? Do you think the robinhood listing is in any way related? Do you think picrel is a viable prediction?

>>50093225
No way your dick is that big 6.5 girth my ass

>>50093492
dicklet cope

>>50093506
Not what your mother said

>>50093447
Nice hopium pic.
I need those from time to time to keep from falling into despair

How high can this coin realistically reach?

>>50093089
Which coin is going to disrupt Chainlink and eat its smart contract lunch since it is clear Sirgay et al. are incompetent and can't get anything done?

>>50093374
I think it's CCIP applied to legacy systems
With specific antifraud DONs bespoke to each legacy system
It makes sense that you would include an antifraud netowrk as a required portion of ccip if you were designing the protocol with enterprise needs in mind
>>50093379
Not sure what youre talking about
>>50093396
Would be really interesting to see what happened there
Best case they say: we understand that our brand is now damaged by our actions and we are now implementing x y and z chainlink services to provide greater transparency and trust to our users
Worst case they want to plead their case and will get shredded by ari/ben and everyone else who understands their business model
>>50093439
The entire derivatives industry
The entire insurance industry
The ~1.5tn in BIR costs the us healthcare system pays (maybe 2-3tn globally?)
The entirety of non-criminal contracts courts
The entire accounting industry
Most of finance
Most of banking
The entire overhead of trade settlement
etc

To be clear I'm not saying that these industries will be replaced by chainlink
Just like newspapers still exist in the age of the internet
I'm saying that every one of the entities in those industries will have to be a customer of decentralized smart contracts through chainlink if they want to survive

>>50093532
my mother has been dead longer than you've been alive zoomzoom

>>50093579
I’m almost 40 retard

>>50093492
This. Please post pic of this monstrosity

>>50093089
Does it ever cross your mind that Chainlink could fail (or Sergey's ambitions never come to fruition at the level/scope we're all hoping for) and all we've invested goes down the drain? I keep buying and am close to 1000 but it's hard not to feel like I'm throwing my money away.
Maybe the pain is a bullish sign long term? I don't know man

>>50093566
Its an og yt video that an Japanese army officer speaks to their soldiers and some soldiers stay with him. It was called linkmarine vow

>>50093447
Outside of direct on chain evidence I have no way to know
I think people want to believe the interesting conspiracy rather than the simple truth: to 99% of people, even "smart" people, chainlink is data feeds and nothing else
And if you can invest in other defi stuff that pays you yield
While chainlink doesnt (yet)
Then you're not buying chainlink (yet)
>>50093492
Remind me to show you next time we hang out
>>50093542
Estimates from using existing markets with conservative value capture/market penetration were 4-5 digits
I'm more interested in what it can do when it generates novel value and markets that haven't even been thought of yet
Just like the internet did

Also, this is another reason why you should be publicly telling people about chainlink: highly concentrated wealth is less fun than slightly less concentrated wealth. If 4chan's knee jerk hipsterism does keep normal people out, you'll be unable to enjoy your wealth as much as you'd like
>>50093543
Nobody is even within 5 years striking distance
And there is no human talent available to start closing that gap even if you wanted to
Because CLL hired them all
Maybe one of the best parts of the project

>>50093089
Celsius just dumped another 350k LINK on FTX:
Removed 350k LINK from Aave:
https://etherscan.io/tx/0xc84186200b0ea401fc0d615931441039bb421459f3998375b179176a73eeab90

Moved to FTX:
https://etherscan.io/tx/0x363a13c4fb0bcb313e2cd7cd7d9b483ff081243b369040a201253300b7796e62

>>50093089
Hi Spoonfeedy, I asked this last time but you missed it. How do you feel about Ari Juels having collaberated on that AI book with 99yr old war criminal Henry Kissinger? It fills me with dread when I think how I'm invested in something that is even loosely linked to that despicable man. Wtf is a 99yr old political adviser doing co-writing something like that anyway...

>>50093656
its only 1k link faggot, not the end of the world if it goes to 0. How many other chances will you get to make a million+?

>>50093654
Currently not in a location where it would be appropriate
But am having drinks with a great group later
If I'm feeling it I'll phonepost one

>>50093683
Link?
>>50093656
Extremely high performing people generally don't fail in the way you're discussing
A group like Chainlink will keep iterating ideas until something works (and to be fair every one of their ideas thus far has worked)
Or until the entire space/project has been exhausted and no value has been found

Put another way, knowing who is on the CL team I would invest in them regardless of what they wanted to work on
Its just awfully nice that what they chose to work on has a higher TAM than anything else in existence barring perhaps the global cumulative military
>>50093705
So you have on chain evidence for removal of link from a lending platform
And movement to an exchange wallet
I agree that could be consistent with dumping
But it could also be consistent with providing collateral for another underwater position
Or trying to use the assets to daytrade out of a loss

Again, I'm not saying you're wrong
But you don't have definitive evidence either

>>50093706
Generally I'd ask this when you see any such connection with a prominent person

How many papers/books/articles has this person authored?
How many of those were done with this person I dont like
Am i aware of any long term agreements/payments between those two

To give you context I am not as prominent in my field as Ari is in his
However within my field most people who are in leadership positions in that field globally know my name and I've collaborated with probably thousands of people on projects/papers in some way
If you went through everyone Ive ever authored with, spoken with, taken a picture with, been on a workgroup with I'm absolutely certain you could find rapists, murderers and every other kind of bad behavior
Simply because of the numbers

Put another way: if someone has in the past taken a picture with jeffrey epstein, it's honestly meaningless
If they've traveled to his island and lied about it, it means a hell of a lot

>>50093744
You actually think... that 1k link will give you the chance to get to a million+. You faggots sure are delusional. LINK is a dead project with close to no demand that people are abandoning. The only way to make money from this thing is to short it, which I have been doing since $30. Losers like spoonfeedanon can baghold this to zero but I am pretty sure the only ones making money on /biz/ are intelligent people shorting these retarded cryptos.

>>50093089
Since Icp makes chainlink obsolete, what are you gonna do with your chainlink tokens?

>>50093945
I was wondering how long it would take you michael
How are those ans bags?

>>50093906
Now I'm convinced your just another fucking Larper

>>50093970
This is probably the fifth time you've called me "Michael" in these retarded threads you keep making and the fifth time I've told you politely to stop making them (you are lowering board quality). Also I have to let you know the braindead Michael person to whom you are referring has turned bullish on LINK

>>50093966
Dfinity is on par with BSV in terms of all talk no action
Backed by confident stupid people
Internet.
Computer.

>>50093823
They also moved 6.7 million LINK to FTX from which they quickly removed 5.8 million to move it to Aave after it was found out...
They are slowly selling it, but each time their transfer was timed with a positive news like the Robinhood introduction where they dumped 1.5 million LINK or the staking news when they dumped 1 million LINK...

There are no coincidences.
This LINK belongs to their customers and they are using it to short them.

>>50093945
>LINK is a dead project
That's not what on chain metrics show. Plenty of calls going to oracles.
https://market.link/overview

>>50094000
I call myself niggerfaggotcumdumpsterlarper for a reason
>>50094017
>I'm not michael
>But here's what michael thinks
Anyhow, always good to have you bumping my thread

>>50094031
You are welcome to think that
And you may be right
But you haven't proven it
And to be clear I think Nexo is a scam outfit and anyone trusting them with assets is a fool
But i'm not going to make a statement without evidence, even if it fully agrees with my views

>>50093089
What's stopping Chainlink from accepting CBDCs staking in the future, making LINK indeed a token not needed? Pros: CBDCs are stable and trusted and do not fluctuate, exactly what the system needs. It would reduce frictions, while increasing marine suicides.

>>50093492
have you considered he is a euro and using cm?

>>50094049
And that adds next to no value to the project as shown by the cratering price... nice one.

>>50093695
>Estimates from using existing markets with conservative value capture/market penetration were 4-5 digits

I said realistically, dude. The best it did was $50 on a bull market.

>>50093906
I get your point and it's a balanced answer, though I think the example of Epstein is poor, since Epstein's crimes only came to light towards the end of his life, and so there's plausible deniability for anyone who had met him previously. Kissinger's crimes are well documented and happened in the 1960s and 70s. I find it unlikely that Ari wasn't unaware that Kissinger is a mass murderer at the time he co-wrote the book with him. To me, agreeing to such a collaboration only reflects badly upon Ari, despite the political benefits I'm sure it will bring him and Chainlink.

Ok brainlet with a lot of link here. I have a brainlet question. If I lend my link to a node operator for staking, what incentive does the node operator have to report truthful data? If he lies it's not his link being slashed.

>>50094087
You're asking why the chainlink team
Who owns 1/3 of the chainlink network in perpetuity
Would destroy the value of everything they've created
And give power to a centralized entity that is antithetical to their key value prop
Hmmmmmmmmmmm
>>50094139
He asked long term with full network implementation
At current there isn't yet staking
So the max speculative value was $50
Looking forward to seeing the intrinsic value
>>50094141
Again you're making unrealistic assumptions
Ari can be trusted to know computer science and network security
Knowing literally anything about kissinger is extremely rare
To assume he does is about as reasonable as assuming a politician has a deep understanding of chainlink

>>50094199
In the short term: he reports bad data and suddenly he no longer gets all those juicy revenue streams from being a node as no projects will use him
Long term: he loses both his staked link and his jobs

>>50094283
No, I am telling you link is an open source project. The whole point of staking is to have skin in the game: get punished if you fuck up, and show your commitment. LINK is a unregistered security that will need to be converted back and forth to fiat. You could replace LINK to a more stable asset, and improve the ecosystem. The bags of the team are irrelevant in the long run, unless you accept the network will remain centralised forever.

>>50094313
Does anything prevent him from simply starting a new node if he gets shut down? Couldn't a malicious person continually make new nodes to gather more staked link from people? Are you required to put down link of your own as a node operator, or can all of it be borrowed from stakers?

>>50094376
>You could replace LINK to a more stable asset
In English we replace things WITH other things.
>Bangladesh

>>50094376
This is a profoundly stupid argument
I can fork eth or btc tomorrow and have a network with no value
Just like you're proposing
>>50094413
How many projects are going to trust their jobs to nodes with no reputation/proof of past performance?
>>50094552
lol

>>50093447
Damn he called it.

>>50093089
that fat fuck betraying piece of shit

I don't know if you're associated with the team, but from my perspective, Sergey & Ari must care about the token price since it's tied to their company viability and funds.
Link has been in a downtrend against btc since August 2020 (almost two years), it was only pushed to $50 by bitcoin and the market going up (rising tide, all ships).
It seems to me that Sergey is focused on creating a sustainable product and doesn't have much interest on generating any hype or speculation around link. Do you think this strategy is actually harming the project by limiting its potential funding?

It seems it will be excessively difficult to break this downtrend against btc after all the early community hype from 2018-2020 was squashed.

>>50093695
>Estimates from using existing markets with conservative value capture/market penetration were 4-5 digits
How long do you think that’ll take? How long until we have happier days? How long til this reaches at least 100$
>I’m more interested in what it can do when it generates novel value and markets that haven't even been thought of yet
Now that’s interesting. Got any ideas?

>>50093242
>Staking and ccip this year
it's not full staking

>>50094283
I find it extremely difficult to believe that someone of Ari's mental ability would have written a book with someone like that without knowing what is readily available in the public domain and many people know about. It's not as though Kissinger is a 40yr old computer nerd from Palo Alto. His historyt is well documented. There's even been books written about his crimes ffs (see picrel). If it really was complete ignorance then I'm totally shocked. Frankly, I'm quite certain he knew all about it. It worries me. Not just because of Kissinger's history, but because it suggests to me the project has serious deep-state ties which might not be all about benefitting society
>inb4 all tech can be used for good and bad
Not exactly a good start though, is it

>>50093089
Is token needed?

>>50093447
Honestly is 2500 tokens enough to make it? I'm flat broker right now and not sure if I should buy more.

>>50094673
I am not
The CL team has sold quite a few tokens since ICO
Increasing circ supply from 350mm ico to 467mm now
They should have runway for at least 2 years at current burn
And i also disagree that loss of moonboy hype from 2018 is bad
Right now everyone holding long term knows exactly what they have
And is extremely unlikely to sell anything but their staked revenue once staking is live
>>50094684
No idea re timelines
Remember the project is already 2-3 years behind because they had to solve eth's scaling problem for them via arbitrum

For unknown unknowns i could see something like bespoke industry specific insurance becoming the standard for all employees within a sector
eg all airline workers get insured against black swans making them downsized (jet fuel spiking, global lockdowns etc) as part of their compensation package just like health insurance and retirement accounts

What do you make of staking being targeted at 5% apy? I remember some past discussions where you mentioned link could exceed 100% apy if the price stayed this low for a while. How much of the revenue listed on market.link do you think is subsidy from CL considering they mentioned that "oracle rewards" are still ongoing?

>>50094961
>behind because they had to solve eth's scaling problem for them via arbitrum
This is just false, what the fuck does arbitroon even solve? The scaling problem is still unresolved.

>>50094770
Did i say it was?
>>50094779
It sounds as though you have no experience interacting with highly successful people
Whether you like it or not, your ideal is not reality
If youd like to change that you need to work bvery hard and become successful yourself
But sitting on the sidelines being upset by choices made by people doing important things is a pathetic way to go through life
Not to mention a completely immoral one
>>50094787
Critically

>>50093089
What is going on with this NEXO stuff? Is there really heavy shorting going on against Link?

>>50094779
Christopher Hitchens is a death atheist neoliberal cuck and Henry Kissinger is utterly based. Read this book instead.

I have zero faith and expectation is chainlink now and so i am free. My link assets are worthless and i can move on. Maybe one day something changes but then it will be a pleasant surprise. No more watching boring industry talks, worrying about the price. If sergey had a stroke today it wouldn't faze me. It's just like a lottery ticket now, not a big deal and maybe one day will pay off.

>>50094993
Arbitrum is the most technologically advanced and performant rollup
Eth's entire plan for scaling is rollups
>>50094964
It sounds like he's setting expectations for staking subsidy
I think that once more traffic is shunted to arbitrum (and perhaps chainlink gets a "fastlane" on arbitrum, eliminating their link transfer gas costs) nodes will be >50% profit
At that point i would expect subsidy to be specific to "public good" feeds only
Eg l1 eth/usd
I also think that CCIP, arbitrum validation, FSS for arbitrum and optimism and POR are all poised to grow rapidly in usage
And the narrative that dapps can't be trusted without using chainlink services makes these growth verticals intrinsic monopolies

>>50094118
Every crypto is cratering. Does that mean every crypto project is dead? Not even a single one will be successful long term?

>>50095097
Realistically how long do we have to accumulate at single digits or even 20$?
Staking will not be complete for some time but I’d like to know if ccip and staking will shoot the price to 50-60$

>>50095021
There is on chain evidence that they've taken link from aave and sent to exchanges
No evidence of what was done from there

Another harsh truth is that the nexo ponzi may just be exploding
And they're selling user link to keep afloat
And just like celsius, after they implode
Those funds are simply lost for users

>>50093089
What is the purpose of this now that ICP can do oracles? Why would you use chainlink instead of a much cheaper one on the IC? I understand there is a first mover advantage but it seems kind of.. pointless

>>50095059
If that's how you need to structure yourself mentally, ok
>>50095174
Your guess is as good as mine
One thing that does frustrate me: buying link sub $1 in 2017 does now have an arguably worse risk/reward profile than buying link in mid 2022 sub $7

>>50094961
I'm also looking forward to staking since it will more than compensate for the incoming token release. It appears the initial allocation is all based around the USD/ETH price feed. Is it right to assume that 25M/50M/75M tokens will be required to support this one feed alone?
The reason I ask is there are hundreds of feeds.

Regarding the loss of hype, I am just salty that link has gone down against eth and btc on a solid steady trend for two years.

>>50095239
Dfinity billed itself as an l1 eth killer
when that approach failed
They pivoted to oracles
Just like every other failed crypto project
They have zero idea how to secure an oracle network
And they understand nothing about the cryptoeconomic security needed to build what chainlink has

And to top it all off they're paying stupid people like you to come into threads about competitors and desperately shill their failed project
Pathetic

>>50095278
I should stay clear from ICP? What other projects do you recommend?

>>50095244
Agreed, oh how I miss these days

>>50095251
I dont blame you
And from a fairness perspective it is frustrating to see all of the work CLL has done not yet be rewarded by the market
On one hand the eth/usd feed is the most important/valuable feed CL delviers, so stake for that will likely be higher than other feeds
On the other hand, the myriad of economic forces staking unleashes are hard to time
If could be that new nodes won't have a shot at jobs unless they have X staked per y reputation they dont yet have
It could be that CCIP requires the dons operating each instance (the CCIP don and the antifraud don) are required to have quadratic staking equivalent stake to the value of the networks secured
This would require very large node dons to achieve, which may increase network volume by a lot

All of this is what the big brains at CLL work out and code all day every day
I'm just happy to capture the value of that work

>>50095433
I dont ever shill other projects in these threads
I do miss those days, but they were also boring
Now there's new stuff to discuss every day
And real hard implementation dates to get excited about

>>50095244
are you saying that because we know more now compared to 2017 its less risky?

>>50095244
>One thing that does frustrate me: buying link sub $1 in 2017 does now have an arguably worse risk/reward profile than buying link in mid 2022 sub $7
I respect that you said this. I wrestle with it a lot. Holding for this amount of time has given me perhaps a silly sense of deserving something which hasn't happened yet but should have. It pains me people could seize a better opportunity now than I had back then and make it in a fifth the time. Maybe you could speak on this.
I still don't believe your dick is that big.

Very based op. I got myself a small stack in 2018-2019 and didnt really put much thought into what link actually was. However during the bullrun i started reading about link and basically became obsessed with it. I was trading shitcoins like crazy just to accumulate as much link as i could. I started the bullrun with 500 link and 1 eth and after countless shitcoin flips i have 17k link and 1 btc. Im so excited to see what happens in smartcon, especially erics speech.

https://twitter.com/Smart_Contract/status/1542885751888777225
que pares negro amigos!

>>50093089
When does staking go live and how are they utilizing their partnership with ALBT?

>>50093089
Would you rather have your thumbs replaced by pinkie fingers, or your pinkie fingers replaced by thumbs?

>>50095507
Exactly
in 2017 you could buy a brilliant whitepaper and a high quality team for 20c
in 2022 you can buy a live battle tested network with a clear roadmap and the best team in all of tech for $6

From a pure investment perspective the first is a smart calculated risk and the second is a dream come true

>>50095509
It's simply reality
Some people are born smart beautiful and rich
Others are born ugly poor and stupid
Life is absolutely not fair
And the only thing you can do is have the maturity to take complete ownership of the things you can control
And do the best with them possible

The harsh truth is that there's a very real chance people buying right now will have better % yields than those that bought in 2017-2019
Or at least an easier time with fewer severe downturns

But again, life isnt fair
Get used to it

>>50093089
It's over for Chainlink (ticker: Great Reset)
Here is the WEFs and Schwabs right hand man "Doctor" (((Yuval Noah Harrari)))

https://youtu.be/VZP5lIzGNT8

In your fear and uncertainty it will be tempting to put your trust in some person or group who emerges and claims to have a "way out", which will involve sacrificing some of your liberty. You must resist this urge. These self‑proclaimed saviors may appear in many forms, under any number of banners: "intellectuals", "influential people", "progressive thinkers", "billionaires", "the UN", "the EU", "self‑selected multinational coalition", "global leaders", "world governments", "radicals", "revolutionaries" or some combination of these. They may appear charismatic. They may appear to have your best interests at heart. They may stand united, arm‑in‑arm, proclaiming "We know the way forward", advancing some form of "people's revolution" or "Global Reset" where "you will be in charge", hawking various "‑isms" and promises of a better tomorrow. These people are not your friends. They are not to be trusted. They are the same global banking elites using the same fear tactics, shilling the same magic potions and snake oils as always. They want only one thing: power.
https://www.youtube.com/watch?v=Cieu5nDDssc

>>50095509
My only argument in favor of "how we had it in the old days" was at least back then /biz/ was a relatively niche and united place to get excited about Chainlink.
New entrants in 2022 may have much more total information to work from, but there isn't a single place on the internet where you can just come in from the blue and find a community as passionate and single minded about LINK as we were back then. All the wells have been poisoned, the /biz/ archives are even gone, fud is everywhere, especially on /biz/.

I think it's easy in retrospect to convince yourself that you "figured LINK out yourself" but in reality it was a huge communal effort and I probably would not have retained anything like my current level of delusional commitment if I hadn't been around for it.

>>50095561
Sounds like you've done well for yourself
Congrats
And yes, once you go link you never go back
>>50095574
Later this year
It appears that ALBT is a chainlink customer
And their entire use case is contained within CCIP
>>50095605
Pinkies->thumbs and its not close

>>50095624
Agree on your take. It's where I landed, but doesn't eliminate the entire frustration.
Also jk about your dong size. What's funny is my dick is the same length, bit less girth. I've had measurements witnessed by chicks purely because every time I say my size I worry I sound like every other man reactively lying about 2 extra inches, so guys always call you full of shit but mine actually is that legitimate size, but then I realised I did the same to you kek
On topic though one thing I haven't wrapped my head around since I tried unplugging from CL fundamentals a little since the Aug 20 blowoff for my own sanity is this ETH cannibalisation shit. I don't understand in simple terms the hypothesis LINK can eat ETH. Can you explain?

>>50095714
BULLSHIT thumbs are more useful im selling all my link

>>50095671
Fully agree on your last parag, believe me. Funnily enough if I'd stuck with the investment I sold to buy LINK in late 17 when I did so I'd be filthy stinking rich, so I developed very little ego about this all-in. It just compounds the disappointment.

>>50095278
They never pivoted to oracles, it's just something you can build on it. I'm seriously asking, my bladder is already full, so I'm looking to pick up other bags. But link seems to be replaceable by what is essentially an http call. Is this false?

>>50095671
Fair points
You described the rosy view of communities specifically that they generally start with a highly committed group of enthusiasts and homogenize
But the other side is not often discussed and also present here:
those early adopters are generally less stable people and are often trying to escape from failures in other parts of life
One reason for all of the fud is that most early buyers have lost their link gains through leverage, shady defi shit, selling for life expenses etc
They're not noble people with good jobs and they hate more than anything the project succeeding without them
They're even so immoral that they would rather the project fail than succeed after they lost their portion
That's why the fud is so bitter and craven
And this happens with nearly every novel thing
Say what you will about "normans" and "muh reddit" but they're also generally not hateful and vindictive about things that are their own fault

>>50095034
Kissinger is based if you think carpet bombing hundreds of thousands of innocent people in a country you're not even at war with is based. He may have achieved a lot for some people, but he's 100% a mass murderer and I'd like to hear you deny it.

>>50095834
" -> " means "convert to"

>>50093089
Are there any brainlet guides to starting a neet node? Like an alerter node or something to get my foot in the door.

Also I have 1/3 of my stack on Bancor - over 5,000 link, will I ever see those again?

>>50093579
>>50093587

No winners here

>>50095898
>They're even so immoral that they would rather the project fail than succeed after they lost their portion
>That's why the fud is so bitter and craven
Do you 100% believe this? I'm not saying you're incorrect but this kind of thinking/rationalisation is utterly alien to me. I can't imagine behaving that way. At the same time I don't have a better explanation for the distinct flavour of FUD on here. Bitter is exactly the right term for it.

>>50095996
everyone got old waiting for link...

>>50095834
That's what i said?
>>50095819
Theres a good chance i shoot a dickpic later in a restaurant bathroom after a few drinks so enjoy
The thought is this
Eth goes POS, eth nodes no longer require high computation hardware
Arbitrum's nitro upgrade includes a geth instance, which is also resource non-intensive

On the same hardware you as a node operator can operate

An eth node that stakes eth and pays eth staking rewards

or

A chainlink node which gives you
A geth instance via arbitrum to stake/validate eth
An arbitrum instance which gives you arbitrum validator/batching rewards, also eventually FSS rewards
and
A chainlink node which pays you in link for all the default node functions that don't require even delivering data:
VRF
POR
CCIP
etc

Outside of idealistic affinity to eth, there isn't an economic argument for eth or chainlink stakers/node operators to not just run pure chainlink nodes and capture the value of the entire stack

>>50095892
Http call has no cryptoeconomic incentive to deliver correct data as the target has nothing at stake
This has been tried by at least two other protocols and failed miserably
But im sure it will be different this time
>>50095958
This
>>50095987
I'm sorry for your loss
https://docs.chain.link/docs/running-a-chainlink-node/
>>50096013
I do
We even have examples of people like michael who have being doing this as tripfags for years
>>50096023
Painfully true

>>50095958
oh fuck now i have to buy them all back

>>50096152
Too late liquidity dried up.
You had 15 minutes.

>>50096013
Absolutely. There are various different flavours of fudders here but one of them is absolutely the bitter ex or non-linker who is conspicuously a highly literate native english speaker with an extremely detailed understanding of everything that has happened to LINK since the beginning, but then matched with an absolute seething loathing towards the project.
Holding LINK through the last 5 years has not been an easy or straightforward or even consistently rewarding process. It has been hard, and no doubt many have been lost along the way.

>>50096039
Fully understood. Ty and gl

>>50096152
Wise move
>>50096179
I remember when 100 link was 20 bucks on etherdelta
and gas for the swap was 15c

>>50096355
God EtherDelta was garbage UX. Trying to manually match orders in periods of high volume was hell
>click best offer
>wait 30 seconds
>This offer is no longer available
>UI updates
>click best offer
>wait 30 seconds
>This offer is no longer available
>UI updates
>click best offer
>wait 30 seconds
>This offer is no longer available

>>50096355
Here's my question for you - why do you keep coming and breastfeeding this shithole? This board is fud central for neurotic gamblers who lost it all and can't handle the thought of the project succeeding without them. It's not a place where you can learn something new and exciting about the project, have a meaningful discussion about the technical details or a good-faith argument about a feature of yet indeterminate importance and impact.
For me it's like visiting my dying and resentful wife in the cancer wing of the hospital, I get nothing from it, it's just something that I do because it's something I do. But you go and invest a lot of effort, why? What makes it worth it?
(my wife is fine, it was a metaphor)

>>50093379
its literally on youtube

>>50093089
When at least ONE of these payment providers listed on the image will announce that they have anything to do with chainlink? and I mean directly. Not something like: hey MC has a stake in literal who company and they work which chainlink which means MC is using CL network.

>>50096424
Especially during cryptokitties
>>50096509
Because just like visiting your dying spiteful wife, it is moral to provide everyone reasonable information about the project and allow them to make their own decisions, good or bad
Moral action is correct in and of itself

>>50096536
Likely sometime after CCIP is live so that they can use their legacy architecture without exposing it to blockchain directly (and with the backup guarantee of an antifraud network that stops the CCIP instance when parameters that they choose are met)

>>50093144
checked

>>50093089
When were you last diagnosed with clinical schizophrenia?

>>50096509
weakest fud attempt so far today, congrats. Speshul prize to you

How much do I need?
What is a good average price?
What is a realistic sell price?
What does chainlink do?
Is buying the token like buying stocks?

>>50096133
>Http call has no cryptoeconomic incentive to deliver correct data as the target has nothing at stake
Staking and slashing is not difficult to implement. Native http calls across a subnet with threshold consensus is a DON. This is what ICP can do natively. What kind of moat does Chainlink have? They are a centralized off-chain service.

>>50093089
What will become of corporate tax revenue raised by Chainlink? Will it be paid to the government of the Cayman Islands? I know this is a British Overseas Territory but so is Gibraltar and taxes paid there stay there (I think). If this happens, and Chainlink is as successful as we hope, the Caymans might find themselves up to their neck in money..

>>50095470
and also today you can get involved and actually start building products that will change how the world works
there is so much to do in the space, so many apis to consume and create financial products with its actually hilarious

>>50096611
How low do you think LINK could go assuming macro and BTC continues going down?

>>50093089
How many Burgers does Sergay eat on an average day

Do you think Chainlink regrets hiring so many people now? Hearing that they increased employee numbers by 6x in the last 18 months.

>>50097612
They're still hiring, anon

does it matter what chain I have link on? I have it on polygon and bsc

>>50096749
Never
>>50096805
If you're asking when to sell chainlink you're not getting it
>>50096842
Please describe a staking/slashing scheme that is game theory optimal whereby nodes call data from http sources they don't control
>>50097004
I'd guess that as of now chainlink as a corporate entity has not reported profits
>>50097378
Agreed 100%
>>50097488
No idea, but any asset can always go lower if its market goes down
>>50097612
They were hiring for two reasons
- to service user need for integration of their services
- to scoop up the best minds in the space

These are both +ev moves so I doubt they regret it at all

>>50093379
https://youtu.be/6C3Y_QkeUIg

>>50097753
It marginally increases your risk by adding the risk of the non-native chain/bridges

>>50097823
desu i cant afford to have it on eth because of gas fees. Should i use arbitrum or optimism instead?

>>50093089
it's basically a price API. lol this is nothing special. anyone can copy their tech. LINK is the biggest vaporware in financial history

OP what part of a female body do you admire and/or desire?

>>50097612
Sounds like you don't get it.
They're literally taking over the space. Don't fall for the HR roastie nonsense you see on here, most their hires are proper

>>50098012
Nexo is insolvent

>>50098122
i should add "the most" aswell

>>50097804
Ok
How about the other questions

>>50096579
Based spoonfeeder, if I had the energy I would be doing what you do with around 1/10 of the elloquence.

What would you recommend a poorfag with only 3k LINK should do? I have been DCA’ing evenly throughout the last year and safe to say my average purchase price is WAY above $7.

I still feel that LINK has the best risk/reward in crypto and I won’t sell but I do not feel comfortable buying any more. At this point the majority of my net worth is riding on this and it feels reckless to continue buying.

I mean I’m never going to feel that I have enough… so the line has to be drawn somewhere. I need it to seriously explode to change my life and at that point what’s the difference between me having 3k or 5k LINK?

I think I will just start DCA’ing into an index fund or something, and treat the LINK like a lottery ticket.

>>50093089
What do you think the price action will be like after staking is released?

>>50093089
I'm a mid twenties neet with no degree and no job experience. My plan was to learn to code but it seems like the market is already oversaturated and with no degree/exp I'll never find a job. So I figured I'd specialize in blockchain/smart contracts to try and give myself an edge. How do I go about this? Learn a coding language then just jump into learning how to code on Eth? Try and make a killer dapp to put on my resume?

>>50099436
you still need to learn to code even if you don't get a job because it's a basic skill for anons like learning to read shitposts

>>50098122
Face and pussy
The two most direct sources of apex female beauty
>>50098243
It seems as though this is likely
But not yet confirmed
>>50098777
Checked
Digits say you should
>>50098785
Sounds like you've outlined a very reasonable plan and the only reason you're not doing it is you're concerned your future self might be less rich than you otherwise could be
>>50098857
No idea
>>50099436
Before you do anything, get any job you can
Work experience and earned income now is more important than idealization of your future
Seems like you and the above anon are two sides of the same coin

retard here
cant the chainlink team just go "welp" or be silent for a few years and completely kill the project?

Why do you think we've been a flop so far compared to most alts? Intentional suppression? Bad timing?

Syscon relies on the most widely trusted and thoroughly tested security model in the industry Bitcoin's Proof of Work through a process called merge mining.

>>50099779

>>50099622
it's equivalent to a fagman in 2002

>>50099436
>>50099470
as anon said. it's pathetic to not know how to write some basic code for an autist in the year 2022. just do it, takes a few weeks

>>50098777

Checked

>>50094055
hi niggerfaggotcumdumpsterlarper.
Its been a while.
t. 100k OG

Great thread OP.
My question: who are you? Are you an insider, or just an avid researcher of Link + retail investor? Or neither? Are you qualified to make such a thread?

>>50098785
based 3k anon I also have around 3k that I got for $1 per link many years back now. I'm just holding. I've put unironically $25k into crypto and made some absolutely terrible choices and got hit bad by this recent situation so I'm just holding and praying. I can't put any more fiat into this

>>50098777
Based trips for a chad meme

Who are you faggot?
Are you one of those ex-/biz/realis that spend their time on twitter?

im a newbie with 350 link will i make it by 2025?

>>50099620
If they did that all of crypto would be kill. Sure they could, it's a centralization aspect that will decentralize over time as the Chainlink network becomes an open source public good.

>>50103242
no
you should legitimately take out a loan to buy more

>>50093695
>Also, this is another reason why you should be publicly telling people about chainlink: highly concentrated wealth is less fun than slightly less concentrated wealth.
>If 4chan's knee jerk hipsterism does keep normal people out, you'll be unable to enjoy your wealth as much as you'd like

There's where you're wrong.
If I alone had all the money and every one else was my personal debt slave, that would be an acceptable outcome.

It is not enough that I should succeed
Others must fail

How are nodes profitable if the price of the token has crashed?

>>50104070
That's why he specified slightly less concentrated. If you and others who think like you are wealthy, you can control the world (think the jews). If you alone are wealthy, you will always have to sleep with one eye open and can't trust anyone.

>>50104133
The price is tied more to token supply than fees.
That's why everyone is hoping staking will pump the price because that will take a large amount of tokens out of the available supply.

Also, the more services CL offers, the more people who want to use those services are going to need to have access to Link tokens in order to pay for those services.

Right now there are plenty of tokens available to people using link oracles and price feeds.
Soon, when staking is up and ccip is live, there will be a supply shock that could drive the price to batshit crazy levels.

>>50093089
>Chainlink spoonfeed thread
Just wanted to say thanks, OP.
Thanks for doing these.
You're a pillar of the community and a righteous dude.

>>50104315
what's funny is after 5 years we've come full circle where people won't see it coming again. the first meme was that link was just a meme, that one's over and people know its a serious project, the next meme is that the singularity was just a meme... no, its actually going to happen, maybe not in one single massive green candle, but its definitely going to catch people off guard and there will be swing linkers that miss out forever.

Good info OP.

>smart /biz/ anons bought at 2k sats >began fudding to stack bags.

Almost 5 years later; I don’t see the need to fud anymore. I know my fellow fudding whale frens are also not doin it anymore. I can tell from the writing style when I’m amongst other whale fud specialists. They are gone.
I dumped 75K LINK from $40-$47 range. Been watching this play out with $3.8M up. Paid $1M in taxes. I wanted to neck myself but it is what it is.
Still holding and brutally scared a lil bit. I only wish I had sold more during it run.
Thanks for the hopium OP.

>>50104573
There aren't any addresses with 1.12M Link in

>>50104721
He holds 184k

>>50104573
You are the lowest piece of shit in the depths of hell phaggot.

>>50104573
>I dumped 75K LINK from $40-$47 range.

You must have a good job to afford that much even if you got in 2018.. 100k link was about 30k which is a lot to invest in a obscure project at the time. You've dumped more than enough money to live pretty well regardless of location imo.

>>50104802
why? because he has money?

ive noticed zoomers *cannot* handle feelings of jealously

when im in power that kind of behavior will be met with savage beatings

>>50093089
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.

>>50105004
As they say…niggers, Jews…BAD NEWS!

>>50104721
184k . Held 256k at 1 point.
I agree with the Kissinger stuff.
That cocksucker is evil!
Ari is a fucking weirdo. His writings tell the story. If you read the Bible, maybe you’d agree that LINK unveils the tech behind the mark of the beast. Likely powers it data and fetching tools. Makes the thing possible. Nothing is what it seems.

>>50104315
How does CCIP going live contribute to token supply shock?
Token not needed for CCIP ser

>>50105109
Based 2^8 appreciator

>>50105109
I can't believe anons are going to look at 10k stacklets the way they look at you now, in 3-4 years. This has been a helluva ride.
For some perspective, 10k stacks are in the top 0.5% of wallets. If you believe link is going to be as important to the space as btc or eth, there is no 0.5% wallet in either of those projects that doesn't have make it money yet (and in btc, fuck you money).

>>50093089
will it be a top 20 coin in 2025?

>>50093492
That’s slightly above average. Average dick size is 7’’ long by 5.5’’ girth. Sry you a duck let bro, I am also. Feels bad man

t. 6.3’’ by 4.8’’ I hate my pencil dick….

>>50105199
>in 3-4 years
Lol. Lmao. Lmfao even
Maybe in 30 to 40 years if the stars align picture perfectly. Face it anon, purchasing 10k lottery tickets is a much more realistic path to fuck you money
10k stinky Links will continue dumping in sats, dumping and dumping to zero, the fate of all shitcoins

>>50105109
Woops, my mistake, I blame being tired.
Yeh it's downright sinister, that association with Kissinger. I'd like to know what someone that age could possibly contribute to a book of that nature, but I'm not inclined to buy it.
I've thought a great deal about this investment, since I began realising what it could be used for. This whole concept of 'definitive truth' is a technocrat's wet dream. Kissinger's involvement, albeit tangentially, doesn't inspire any thoughts to the contrary.

>>50093338
This is a very good concise answer.

>>50105417
>Lol. Lmao. Lmfao even
you stink of reddit and black cock, sir, gtfo my board

>>50094021
This kind of discredits you as an intelligent person when you can’t see the potential of ICP and have fallen for fud. ICP is action, they have working dapps that have never been done in the blockchain space before that work and have tens of thousands of users. To say they are all talk no action is completely wrong

How will staking work ?
In the current version of the network does the nodes relaying the eth/usd feed need to stake links? When staking comes out does it mean anyone will be able to relay the eth/usd feed or it will only be to act as alerters?

>>50097599
81k

op is dead rip so i'll take over

>>50099620
chainlink labs is b2b and integrate new customers daily since there's big demand from dapps devs
chainlink the protocol is open source with devs pushing new commits on github all the time

>>50099622
it was the single best performer in 2019-20 when everything else performed poorly, it had a cycle inverse to btc/eth and had to cool off
it's backend tech not marketed to and understood by retail, and had a fair ICO launch so now VC backing to pay off influencers
bull markets are ruled by retards and marketing and bear is when adoption and innovation projects survive and triumph

>>50104133
i think there are OTC deals between nodes and cl labs so current payouts are negotiated but in a post staking market ruled by pure market demand nodes could just set their fixed operational prices to usd and still get paid in dynamically converted link, the irony is that's another use case for oracles!

>>50105168
token extremely needed for ccip, but it won't be rolled out immediately, you have to realize there's a very complex equilibrium to achieve between staking for both data feeds and ccip since it's a singular staking mechanism for two very different services types, with various layers on top (anti fraud, quadratic steak, loss protection insurance, etc)
the whole killer feature of ccip would be the high value collateral securing the network

>>50105340
certainly deserves top 5 post steak+ccip but as we've seen, never under estimate clown world

>>50105709
read the blog post
currently there's no staking yet
post staking only nodes will report data sets, but retail stakers will be able to work as alerters
retail stakers will likely be able to delegate their tokens to specific nodes or join alerters pools
retail nodes will also become more viable but that'd still require running a reliable node and having access to valuable data sets, you probably won't get access to price feeds jobs and have to compete for collateral and reputation etc

>>50095034
He is only based if you are a kike for the Jewish globohomo agenda

>>50093089
Is it true that ICP makes LINK obsolete?

>>50106099
icp has zero use case, zero demand, zero devs, zero adoption, zero dapps, all it has is a stupid name and some low iq pajeet bagholders shilling their dead shitcoin on some obscure manga otaku anonymous forum so sorry but the answer is no

Realistically how long do I have to accumulate?
Happy with my QNT and ICP stack so time to join the stinky linky club.

>>50093089

>>50093089
How can a node operator possibly provide incorrect data? If he is getting his data from some API, either the data is sent or it is not. Walk me through how data can be changed in the API--> Node journey.
And can you provide past examples where this has happened?

>>50106305
until august/september

>>50106344
kek

>>50093089
this fucker said he was going to snap a pic of his fat dick and he didn't. always knew this guy was a scam

>>50099561
What do you anticipate Eric Schmidt will talk about at SmartCon? Is there any light you can shed on his role that hasn't been speculated on in other threads (hiding strategy, scaling, etc). Seems like he might have an AI angle with Chainlink but for some reason I don't expect him to talk about that.

>>50106576
faggot

>>50106709
show. the. dick.

>>50095008
>doing important things
>destroying the world for likes
Uh oh stinky linky larper exposed himself

>>50095898
>One reason for all of the fud is that most early buyers have lost their link gains through leverage, shady defi shit, selling for life expenses etc
You seem keen to not say Nexo is insolvent without proof but then claim this? What are you basing that on. "Most"

>>50094077
You're talking to brainlet schizo migrants from /pol/ who always have to be the victim of a grandiose conspiracy with a clearly defined enemy. They don't know how to operate outside those parameters, so they'll connect all the dots they need to.

>>50106099
Different uses cases.

>>50093695

What “demand?”
The 75m pool thats already filled? How will it create demand if nobody new can participate.

For the record i don’t believe it should matter. LINK shouldn’t have performed the way it has. But i see no way to explain it other than the clear on chain evidence pointing to Cefi shorter collusion

>>50094077

You’re just being hoity pointy and trying to sound like some morally high character. Please drop it you have decent threads but this really gets in the way of you helping others. I know your ideas revolve around reaping what you sow, but seems you are taking it too far and ignoring small leaps of logic to capitulate into that attitude.

We ALL KNOW NEXO shorted LINK in May 2021 and in 2020. The smear campaign and on chain movements. We dont nees to see their CEX account to prove it. You are a Linkie which requires these small leaps of logic and dot connection which turned out to be true for years. Why the inconsistency?

what actually happens if link is labeled an unregistered security?

>>50093492
circumference you absolute retard. think

>>50093225
>they have the highest quality team in all of crypto
ahahahahhHAHAHAHAHAHH

>>50093089
Should I buy LinkPool or nah? Thanks

>>50106076
>steaking with various CCIP word salad layers on top
Pop quiz: How is the token in any way needed for the so called cross chain interoperability protocol?
Trick question. Token not needed
CCIP is just a communication standard
Nobody here can explain in plain English without resorting to techno babble jargon Mumbai jumbo
Describe the mechanics of the so-called cross chain interoperations and how the LINK token facilitates muh interoperability. You can’t
The token is a scam and Sergey is a scammer

sergey is dumping again 0xb9b012cad0A7C1b10CbE33a1B3F623b06fAD1c7C

>>50093089
is it possible to overdose on copium?

>>50093105
When it stops being shorted and Sergey stops dumping, so never.

If I want “trust minimization” I just order a few Big Macs
Same taste every time
Super size pufa soaked fries and a high fructose corn syrup cola beverage getting fat like Big Serg
The Fat Guy minimizes trust left and right interoperating my happy meal. Ronald McDonald is less of a clown
Moonman said the token sneed
Thsvks for reading my blog

>>50093542
wtf there's a bug crawling on your post

>>50111496
Interesting
https://etherscan.io/address/0x75398564ce69b7498da10a11ab06fd8ff549001c#tokentxns
Sergey has been moving all wallet funds around.
Yeah, he is going to dump again. Finally. It is time chainlinklabs runs out of funds because of its wasteful employees

>>50093089
OP, why should amazon pay with pre inflated token to execute on chain requests to know where their parcels are?
Why do you think a few lines of code in automatically executing smart contracts could replace complicated business contracts dealt with by lawyers and negotiators.
>you won‘t have a proper answer OP. But i can give the answer: You believe this shit because you have no real business experience and therefore are not able to adequately assess the usability of chainlink thus vastly overestimating its potential.

>>50111885
https://blog.chain.link/sustainably-growing-chainlink/

they are not going to dump to the market. they created new wallets for the foundation.

>>50093089
What's the point? Defi?

do i slurp btc or link if i hold neither

>>50112626
70% Link
20% btc
10% eth/bnb/avax/...

Great thread thank you,
Does LINK and QNT directly compete with each other ?

>>50095898
>normans are not hateful and vindictive
lol. lmao

>>50093579
I guess thats why she didnt complain about the size.

badumtiss.

>>50095953
>>50095034
>>50094779
>>50094283
>>50094141
>>50093906
>>50093706
Ari did not collaborate on an AI book with Kissinger. Eric Schmidt did. There is video of Schmidt on the Tim Ferris podcast acknowledging Kissinger’s controversial background and saying he vehemently disagrees with his politics. That’s life, you have to work alongside people you don’t agree with. And it’s really the culture of this board in a nutshell if you think about it. I don’t agree with most of the viewpoints on here, but I come for the deep discussions which are more thought provoking and organic than they would be elsewhere

>>50111998
Kek, not one answer from these chainlink stinkers. Retard level maximum in here

>>50093089
When $2?

>>50105199
If you look at the equivalent wallet rank of 10k Link it’s about 3000 ETH right now.
So in the last bull market that was worth over $12,000,000
If Link continues to follow the trajectory of Eth, $1200/Link is not out of the question in the next bull run.

>>50094779
Kek you retards really thought the satanic link stuff was anons joking

>>50094834
Bump

>Chainlink spoonfeed thread

>technical questions ignored
>half the thread is linkies discussing penises

Now it all becomes clear

>>50117545
This. So much this

>>50112626
If you don't have a whole BTC, I'd get there first.
After that, you should be doing what you can by hook or crook to get at least 10k link
You've got a couple years to get your make it stack together, but this market is so unpredictable it could happen tomorrow.