/biz/ - Business & Finance

ATTENTION NEWFAGS

Don't buy LINK. Link bagholders are desperate for new money to buy their bags. Don't fall for their larps. It's a useless shit token that nobody needs or wants (else spamming wouldn't be needed).

If i can save 1 person from buying LINK this post was worth it.

>>50197272
I got some questions actually:

Celsius liquidation level has gone down significantly. Does that mean cefi is back to shorting link again? If so, doesn’t that mean chainlink is fucked?

>>50197352

Are you going to answer all questions honestly and meme free?

>>50197272
Agreed and I have accumulated 220 link so far. Unfortunately 150 is trapped on Bancor but I genuinely think it will be ok in time.

>>50197272
excuse you?
LINK spoonfeed?
link is what we call a dead shitcoin
do not even THINK of shilling it here
newfags: PLEASE do not fall for this scam
look, it fell from $50 to $6 (and dont get me started on how much it fell on the link/eth pair)
shitcoins that do this do NOT recover

>>50197416
>he fell for the chainlink scam and now his money is lost
fucking sad

>>50197385
How do I find a woman freaky enough to do this shit with?

>>50197415
Of course.

>>50197352
>>50197352
I haven't kept up enough with the cefi situation if I'm being honest here. However, from what I've read it seems like 3AC is going to be the only casualty, so far. I personally wouldn't take out my stack if its just 150 LINK, but if I didn't have other means of accumulating over the next 4-6 months though I wouldn't risk it.

>>50197461
>>50197320
>>50197385
>>50197480
Bitter oldfags that lost their stack. Seeth faggots.

>>50197272
token not needed

Glad to see these shill threads sliding. You can't drum up anymore support for this dead shitcoin. What are they gonna do, stay quiet until Smartcon and then announce something we care about? Of couse not, they're quiet because they have nothing to say

>>50197615
Thanks for dropping by. What is your take on the recent BIS report regarding tier 1 and 2 crypto assets. More specifically, how does link fit into this paradigm? Do you think tier 1 assets refer to pre-existing assets that are digitized?

>>50197272
It's over bros. LINK is not new tech, a hidden gem, or a coming 10-100x. LINK is mainstream and is in Twitter roasties bio. It’s a corporate entity now, so Sergey has to dump another 750k LINK to hire talent managers and diversity officers. LINK hasn’t been the biz token for over 2 years now. Just sell anons... i-i-iit’s over. It was a good ride.

>>50197615
So bitter.

>>50197803
The token completly not fits into anything of this, so buying the token would be completly useless.

>>50197845
Didn’t ask for your opinion

>>50197793
Who is “they”?

>>50197856
This is the spoonfeed thread no?

>>50197272
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.

>>50197272
The more you understand crypto, the more you understand the insane asymmetry between betting on oracles vs betting on settlement.
If you bet on oracles, you bet on Chainlink, No other serious project is even pretending to do what Chainlink does. There is no credible competition, and all of the ostensible competition, API3, Mobius, BAND, Witnet and all the other absolute garbage bullshit, is literally nothing.
Whereas in settlement, you have this insane mess of competition between L1s, L2s, subnets, zk rollups, optimistic rollups, modular blockchains, hub-and-spoke blockchains, permissioned v permissionless, Cosmos, Eth, Algorand, HBAR, R3, Corda, Optimism, Arbitrum, zksync, Starkware, Avalanche, Solana, Fantom, Harmony, etc etc etc
If you claim to understand who is going to win at settlement you're a fucking delusional retard. If you claim to understand who is going to win at oracles than there is absolutely no question or ambiguity. Chainlink are the unchallenged king of their domain.

Imagine that the first computers were being invented and there were 30 companies all competing to make the best CPU, but only one company making monitors. Why even go down the CPU rabbit hole when you can just invest in the monitor company and win no matter what?
Buy Chainlink. Fuck Bulgaria.

>>50197912
You are a midwit!

>>50197320
It's clear that Chainlink (Ticker:LINK) is a scam to be avoided. What coins/tokens do you recommend newfaggots like myself purchase instead?

>>50197272
I think for now its good that my biggest stack is Ethereum
I bet Chainlink is waitng for the merge to announce things
So they play will be to swap at some time
But still, the Ethererum tokennomics will be better for now

>>50197272
I think for now its good that my biggest stack is Ethereum
I bet Chainlink is waitng for the merge to announce things
So they play will be to swap at some time
But still, the Ethererum tokennomics will be better for now

>>50198003
This is the place we come to larp as trannies dude, shut up

>>50198085
Coins that are actually coins (not tokens) meaning they have their own blockchain and aren't a contract on ETH or BNB.
Recent example: Solana, although that chain seems a bit faulty.

Being early is absolutly key in crypto and being able to spot a hype also. Binance for example does good research, keep an eye on new binance listings do a bit of research and you can find good projects. Another tip is don't get greedy is you multiplied your money by a set goal, just put in sell orders you might miss some gains but it's better then be left holding the bags.
Good example for this was GMT. But i can't pinpoint a specifc coin you should buy right now, it's a bit checking the market. There was a lot of hype for LUNC and there was money to be made, but patience is good.

>>50198085
eth and boomercoin
icp if the memes are real

https://www.cast-challenge.com/
Winner will be announced 18th July. In the discord:
>Anastasia_mel — 05/27/2022
>Hey there ! I'm from Kaiko, working on the Challenge #5 ! we finished the full tech part but don't know which format we need for the final presentation.
>Do you have any informations on the deliverable for May 31st please ? Thanks

https://www.chainlinkecosystem.com/ecosystem/kaiko

https://www.sgforge.com/

>>50197824
thank you for that gif, it really made me laugh
the facial expression were sublime
and fuck the tranny janny who bans all fun posting
you will never pass, go and 42% already

>>50198445
>Challenge #5

>>50198445

I watched the lex friedman interwith with Sergay recently and still don't get why people would trust their money with these contracts.

One fuckup, hack, etc and you're shit out of luck with the contract. With centralized banking, there's a myriad of systems in place to get your money back in terms of security or hacking.

People always bring up the weather system for Chainlink and I can't think of anything else that would benefit from it.

>>50197272
You posted too early in the day fren. It seems this cesspool just has jeets and salty fudders at the moment. I hope you stick around to get some real discussion going with smart Linkies or make the post again later in the day.

Will CCIP be released at SmartCon? And do you expect a new ATH before EOY?

>>50199169
With time people will grow to trust the contracts. I'm old enough to remember when people were regularly finding serious security holes in operating systems. There were e-commerce naysayers who said nobody would ever trust computers and Internet enough to buy things online because the security wasn't there. Look where we are now.
You're going to see various risk-reducing fail-safes in code developed by professional teams, e.g. the transaction consent engine in DTCC's DSM, and Chainlink's Anti-Fraud mechanisms. There will be hacks for a while and people will lose money, but eventually these things are going to become ultra-reliable and secure. The use cases are there. Would you use a version of Uber or Doordash that was open source and didn't take any middleman fees beyond what was necessary to execute the contracts? More money in your pocket, more money in the delivery driver's pocket. If that can be built, nobody is going to say, "you know, we really need to insert a middle man here who will take a cut of this money." It's going to happen like that with everything.

>>50197272
And fortunately with it coping link redditors have diminished, you;ll go too soon enough

>>50199413
What incentive is there for this "new Uber" to be created? It takes millions of dollars and hundreds of highly qualified engineers to create Uber!

>>50199096
>>50198445
https://www.sgforge.com/

is this shit the a whitelabel of link or part of the enterprise layer?

this is not the usual guy that does these threads btw

>>50199413
good post.
what do you invest into besides link?

>>50199736
yeah it's not nfcdl

>>50198445
if you dig into sgforge they issued security tokens with the Luxembourg Stock Exchange which happens to have a guideline.

https://www.bourse.lu/documents/guidelines-for-the-registration-of-DLT-financial-instruments.pdf

crtl+f "oracle"

Interesting to see that chainlink is used in these intial legacy finance DLT projects, indeed the "standard".

>>50199387
>smart linkies
pffff hahaha

>>50199387
>CCIP

>>50198003
Fucking based

>>50199586
If a person can extract less value overall but still make money, there’s the incentive.

>>50199169
>dude who would possibly buy things over the Internet, one fuck up and you're shit out of luck!

>>50197415
I don't think it's him, you know

>>50200177
Yeah i realized that. He usually posts that phrase in each thread, i was being ironic. Either way i figured i’d ask a question. Unfortunately it was answered by a retard

>>50200235
to be fair the way you answered your question invites a yes from people who don't intend to do that

>>50200235
>it's the same 4 spamming bagholders bumping their own threads again
who could've seen that one coming?

i barely finished my 2k stack...what am i in for boys? I'm holding onto dear life over here.

>>50197272
Evidence that Sergey will die with this project and won't abandon like Andre?

>>50200318
Cope

When will linktards finally fuck off. Just look at this thread everybody hates your guts. Nobody wants a spoonfeed thread, it's not happening tonight and it never will happen are you sad fucks going to keep bothering everybody? Hope you just die to be honest

>>50200436
Cope for what? You're just getting a cheap bump in once again.

>>50200517
Does that anger you? You’re free to leave the thread

>>50200545
Kek no else i wouldn't awnser thread is fucked anyway.

>>50200545
Everything related to chainlink just got a bit pathetic to be honest. It's just sad at this point.

>>50200576
>9pbtid

>>50200595
yeah?

How do oracles handle private data. Say my medical record that says my penis is 12cm long fully erect?

>>50200613
There he goes again bumping the thread. Pathetic

>>50200638
It's a pro chainlink thread and i hate it i'm doing you a favor you should be thanking me here

>>50200647
Thank you

There aren't actually people still holding chainlink in 2022 are there? This is a joke right?

>>50198074
It's a copy pasta

>>50197272
Rolling for 1k by 2026

>>50198003
based

>>50197803
>>50102484 pic related
"The only token that is potentially unfucked is LINK since it will likely be used to track the tokenised regular assets.
For example, banks will only be allowed to hold 1% of btc. Now given how shit most alts are compared to btc, you can pretty much kiss institutional investing goodbye."

>>50198003
Nice OC anon.

>>50198153
Refer to >>50198003

>>50198445
Have my calendar marked.

>>50199169
A system that relies on the cryptographic security Chainlink and smart contracts offer have better provable security than any centralized banking infrastructure.

>>50199387
Staking is likely first, CCIP after. I don't do price predictions.

>>50197824
what was this pic from?

>>50200974
Webm that keeps getting posted of a woman with mentos and coke up her asshole

>>50199413
>The use cases are there. Would you use a version of Uber or Doordash that was open source and didn't take any middleman fees beyond what was necessary to execute the contracts?
A middle-manless Uber could be made now. No one's not making it because of lack of oracles. They're not making it because it would fail without recognition and market share. That's why drivers use uber because it's easier for them to get work. There are probably plenty of good use-cases, a new uber is definitely not one. Also, those fees will always exist. Those fees are largely related to administrative, bureaucratic/legislative costs, and marketing. Those will get passed along. Will there be a bigger piece of the pie, sure, but you could make it now and it would fail--with or without oracles. It's another ten years away at least.

>>50198003
But this is a valid point. Chainlink is so far and away recognized that it is hard to see someone usurping the spot. But it's possible, but you'd see it coming so easily you can trade bags to it

>>50198003
Where did this sensible post come from?
We're supposed to shit on LINK, didn't you read the pinned message in the discord?

>>50201014
wtf there was mentos in there?

>>50200974

>>50200974
>>50201386

>>50200974
>>50195247

>>50201375
yes, kek

>>50200097
what is this

>>50201030
> Those fees are largely related to administrative, bureaucratic/legislative costs, and marketing.

Fuck off back to plebbit if you don’t understand what smart contracts do retatd

>>50201467
I understand them perfectly, but the value and demand for uber is in its marketshare. If you don't understand how businesses operate you're never going to understand investments.

>>50197320
also buy API3 or KENSHI those are the new up and coming oracles
chainlink is ancient tech, just a json parser really

Sup niggas
Chain link is real shyt, homies.

>>50198905
>swift connectivity

I already though Serg had this one in the bag

>>50201478
I need to talk to the CEO of Bitcoin, got his email?

>>50200974
>>50201375
>>50197824
Found her on fetlife. She’s completely insane.

>>50201911
checked, honestly she sounds like the average link holder

>>50201863
Is this really your shitty counter-argument? Proving me right I guess. Thanks

>>50201911
This doesn't sound like the lady I saw in the bathtub drinking Coke the other night. I don't believe it. Someone is trying to defame her, probably a jew.

>>50201911

>>50201863
satoshi@nakamoto.gov

>>50202015
Don't believe a word of it.

>>50202072
such a pure maiden, why do they slander her

>>50199169
>would trust their money with these contracts.
>One fuckup, hack
My employer uses Paypal as one of many payment options. A few months ago we received a large order that vastly exceeded anything we had received on Paypal before. We are a long time customer, onboarding almost as soon as it was available in our country over 15 years ago. Once we received this transaction our account was locked for withdrawals on all funds it contained. We do not withdraw frequently so there was the last 2-3 weeks of funds + this extremely large transaction. To rectify the situation Paypal asked we provide shipping information for the last three months worth of transactions. Once done this did not unlock the account.
We did nothing and they fucked us over for over a month. We lucked out and got some other large direct payment orders in the interim, but without those to pay our outstanding accounts we would have needed to get a loan - which we haven't ever done for day-day business expense. The existing platforms are not your friend either. We are now considering accepting crypto purely because of this plus credit card chargebacks

>>50202134

>>50201999
digit pilled and red pilled

>>50197272
Realistic long term price predictions

>>50202782
$2-$10 eoy
$5-30 2023
$20-200 2024

>>50197615
what do you consider to be the achilles heel of chainlink's future success?

>>50202935
The teams poor record of feature delivery. They massively bloated the company and even then couldn't keep up. Now we've seen the email suggesting they've got to cut back so I wouldn't be surprised if some of their targets also get pushed back. Meaning we'll probably be fully exposed to the bear market.

>>50199169
insider here chainlink will partner with uber and a pop up message will ask the driver "how is the weather in [location], Prajesh?" and when the driver responds they go into a prize pool and have the chance of earning worthless tokens not needed if they are selected by the VRF machine. Basically, this is the future libs want for us

If you retards and seethers only understood what Chainlink is building, you would see that it's bigger than you can imagine. Could it go down to under $2? yeah, of course. Sergey and Eric don't care about the price of the token and never talk about price, simply because they know in time it won't matter. (Price will be up massively in the future, if you can't read between the lines).

Chainlink will be the network that capitalizes on the connectivity of EVERYTHING in this digital age. IT IS IN THE NAME. It will LINK the CHAINS. ALL the chains. Your basedlana, tardano, and other normie tokens will ALL bend the knee.

Why does mainstream media never talk about chainlink? "Bread and circus keeps the people happy"... bitcoin and ethereum are the bread, dogecoin and shiba inu are the circus, and chainlink is the real shit behind the curtain.

These prices are meant to shake you out, and force you to give up believing. Don't fuck this up, anon.

>>50200813
That picture will be up there with this one day.

>>50198003
>Competitors: Unknown.

>>50203315

>>50203399
checked

>>50203369
im thinking based
>>50203397
mikey likey

>>50203315

A little insider alpha, just for you anons. Waste Management is looking at chainlink for many reasons (tracking their supply chains for fuel, monitoring carbon production by the company, and others they probably are just now finding).

If Waste Management is interested in Chainlink, what other companies (with market caps over 50 Billion USD) do you think might be getting curious? Think people higher up at Waste Management don't talk to their homies at other companies? LOL. Cope and seethe harder NoLinkers.

When these larger enterprises see how the 75+ use cases might increase efficiency or reduce counter party risk for their company, you'll be thinking back to this thread and wishing you bought at single digits.

Stack juels, not sats.

60k link anon here just withdrew everything from blockfi. any other OGs still here?

>>50203836
this will be memed like gravel coin was

>>50203857
>og linker here

utilities will never run again

there's no point in holding a utility coin that might 5x during a bullrun(only to dump 90% afterwards) when you could hold a meme coin or nft that might 100-1000x during the bullrun(and dump 99% after)

>>50203836

>>50203909
never forget

>>50203836
lmao no, they're not. just as all predictions of 'x' industry is about to use link! from years ago wasn't true.

actual industry interest in blockchain beyond meme investment is still 5 years away

>>50201911
what does it mean if i think she sounds reasonable and worth fucking despite her non-standard interests?

>>50200328
How does $2,000 sound?

>>50197352
They sold 35999 ETH belonging to their customers for this.
Celsius is selling every altcoin their customers own to become BTC maximalists.
https://etherscan.io/tx/0xd4ddb6503923a4fe5693e9c97955d499b98aab46d1e6574f58c5293e1af21638

They still have some altcoins left to sell, but I think they are going to make more trading losses from this.

You can check here for the wallet they use to remove their tokens from Aave:
https://etherscan.io/address/0x8aceab8167c80cb8b3de7fa6228b889bb1130ee8
It still has 4.2 million LINK left to dump.

>>50203857
how does it feel to know you're gonna miss the first two versions of staking just for being a greedy faggot?

>>50198003
WE

>>50204615
they're gonna become BTC maxis right as Link reverses against BTC aren't they? kek.

>>50204624
everyone will have access on v1.0?

these are the same people that believe 19 year old Sergey created bitcoin

kek

Hello anons, how long will this accumulation period last. I need more cheapies

>>50200628

DECO, and Mixicles. They will come after staking and CCIP

>>50204794
Yes. Celsius will own nothing and their users won't like it kek
That's what revenge trading will bring you when you refuse to recognize bankruptcy and block your customers.

>>50198003
>Buy Chainlink. Fuck Bulgaria.
Pathetic coward, like all amerifats. No mention of the fucking jews in charge of celsius and bancor, no mention of the chinks at OKx, who combined amount for 20 time the totality of LINK shorts NEXO does. But you've been chain whipped so hard you can't even think about speaking against your masters can you? Sniveling dog. Death to shitsrael, death to the bugpeople of asia. And death to america.

>>50205961
>t. Bulgarian

>>50200439
Who's keeping you in this thread, faggot? Get out

>>50197272
>Morgan Stanley publishes paper explicitly breaking down LINK and explicitly discusses price action dynamics and staking
Pretty fucking surreal that this shit barely gets a reaction anymore. I’m so fucking tired bros.

>>50206931
Link would've shot to rank 3 in a heartbeat in 2017 with like 1/100th of the news and coverage it's been getting.

>>50203909
Anyone got the webm? Asking for a friend

>>50204041
Actual cope. LexisNexis is already using Chainlink for flight insurance. You do know LexisNexis, right? It's not some shitty defi company.

>>50204041
The chasm is real but it will be crossed in time. Slowly at first....then....all at once.

>>50197272
Sorry, Chainlink is circa 2018 tech. Check out ICP's native http request capability along with threshold consensus.

https://twitter.com/dominic_w/status/1544608625636904961

Don't fall into the trap of investing in 2018 technology. Chainlink remains nothing more than a shitty ERC-20 token with poor development progress and midwits in charge.

>>50207327
>nodes download resource
You mean "nodes perform oracle function"?
lmao

>>50201710
ngmi

>>50207814
how am I "ngmi" literally saying that CL has said they have been partnered with swift since '17.

t. 13k link

>>50207938
>CL has said they have been partnered with swift since '17
Pretty much, and?

>>50207938
you don't have 13k link lmfao

>>50207938
you said you thought they had it in the bag. chainlink node operators joining cast challenge doesn't imply that.

>>50207948
so why is this challenge even needed then?

>>50199897
Have a (you)

In 20 years time are we still going to sitting here waiting for some of these breadcrumbs and huge partnerships do something meaningful? Holding link and all this waiting is bizarre. Ultimately I feel we are approaching a crossroads where the scams die this industry matures and from there we can see real world adoption. I think there will be some huge black swan such as tether collapse prompting regulation a new age tech emerging.

>>50208280
This challenge isn't coming from Swift.
Are you like 12 years old or something?

>>50197615
>Bitter oldfags that lost their stack. Seeth faggots
Your stack is down 95% vs ETH in 2 years. Even if you didn't lose it, you lost 95% of it kek

>>50197320
/thread

>>50208620
>"THIS GUY ENDED THIS THREAD"
>same guy then spent many more hours posting in this thread

>>50206931
Where can I find this report? I'd like to read it!

>>50197320
based

>>50202836
Those are midterm numbers give long, 10+ years

>>50208477
Zoom out

>>50208477
What do we say in English? Come on, anon, we’ve been over this many times.

>>50198003
Bought 779 LINK because of your post.
Closing in on 8500 now.

t. self-sustaining finfag

>>50199897
https://www.sgforge.com/luxse-admits-security-tokens-societe-generale/

>This admission takes place within a larger context marked by the acceleration of market digitalization using blockchain technology, notably through the imminent adoption of the EU Pilot Regime, which is expected to enter into force in 2022, and which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations within a transitional period.
>Due to their innovative characteristics, native security tokens have the potential to significantly improve efficiency and transparency in financial markets and make transactions safer and more resilient – all while offering benefits similar to those of financial instruments issued in a conventional way.

Syscon recently introduced their NEVM; ushering in the next evolutionary step forward for blockchain technology. But what is NEVM and why is it so great?

>>50199897
They mention fiat priced + est friendly dlt : is it Hbar ?

>>50208477
Why do you actually care? That's SO childish..

>>50203315
>>50198003
Oh linkies

you are down 9.5x vs eth lmao oh linkies stupid banchod

>>50197320
NEXO is insolvent