/biz/ - Business & Finance

based

>>50351615
Eric schmidt looks like a devil trying to hide inside a kind old man

up to 5% percent interest just for 1 (one) price feed in the middle of a damn bear market

just think for a second what happens when it's thousands of feeds in a bull market. not even counting for any additional network effects

>>50351551
I don't fucking care anymore. How many more years until this shit makes me rich with my 3k stack?

>>50351551
The risks of a cross chain protocol are many:
- The incoming chain can have issues
- The bridge can have issues
- The antifraud network can have issues
- The recipient chain can have issues

Only two of those issues are addressable by the DON providing the cross chain bridge.
And most importantly, the bridge DON can't really do anything to protect one chain from misbehavior of the other, it simply can prove that it did or did not receive a message/payment and that it was or was not successfully transmitted.
Whether that message was right from the originating chain or whether the recipient chain did the correct thing is out of the oracle network's control.

>>50351751
Patience is a virtue

>>50351751
Sorry anon yu will never make it off a 3k link baby stack.

The link token is not meant for you to hodl and hope for the price to moon. It is a utility token.

Unless you are a bank or a node op you literaly have no reason to hold link. You are emotionally attached to this fat fuck called Sirgay for some reason, but fat fuck does not care about your financial well being.

>>50351784
The final responsible arbiter is then the anti-fraud network.
It must be hyperreliable to stop the protocol if actions are detected on either chain or on the bridge DON that warrant stoppage. And if it fails, the theoretic potential losses are equivalent to the total value secured by the bridged chains.

In order to properly secure such a network, the amount staked within the security model of the antifraud network should be at least a large portion of the value of the chains being linked. Practically this is somewhat mitigated through quadratic staking, but the amount needed to bridge a 100mm asset pool across two chains should be in that same ballpark.
Note also that CCIP bridges have effectively no additional marginal overhead for the DONs participating. It is in their interest to be participants in as many as possible because the revenue is pure profit as no data APIs need to be purchased and no heavy computation like asics are needed.
This is also why CCIP requires staking to be live to make sense.
Once CCIP antifraud networks start staking link, there will be an extreme supply side crunch for link tokens that will not stop until the vast majority of CCIP bridges are staked. This is why everyone who has real knowledge of node dynamics sees 95%+ of link being staked.

The psychology of markets is such that people don't believe things can happen outside of what they've seen until it actually happens. They then start re framing the world, become euphoric and have parabolic blowoffs and crashes.
The 2017 euphoria for ETH is thought to be the model for rapid growth utility assets, but the tokenomics of ETH are supply side use from one source that is inconstant. Link will experience continuous increasing demand from node payments alongside continuous increasing demand from staking on data feeds alongside continuous increasing demand from CCIP. At the same time the link token will experience increased investor demand from generating passive income.

>>50352031
...of the poor.

>>50351551
ok so?

>>50351784
Theory: most of the chains that CCIP bridges together will be private corporate networks. There will essentially remain one single settlement layer, probably Ethereum, but even that will be heavily enhanced by various other chainlink capabilities. Agree or disagree? I think 99% of crypto will die before it even had a chance to walk. Such is Chainlink's complete dominance at this point.

>>50352110
tl;dr

just buy lpl and matic

>>50352110
The decentralized space has never experienced a combined multifaceted single asset supply crunch at the same time as that asset increases demand through passive income. In an asset that offers passive income this generally results in one outcome: extreme price action that vastly outstrips appropriate valuation based on revenue and an eventual bubble. This bubble, for the above reasons, will be at least one order of magnitude greater than what was seen with eth in 2017.

Expect the following:
- Within the next year link above 300 with retail level staking yields through established nodes of 2-3%, 5-8% for new nodes looking to build reputation
- Within the next three years link topping out between 4,000 and 12,000 with retail yields under 1%
- Once the retail yield of link stays under 1% for 3 months, consider selling some as a significant drop of over 80% will occur
- The market will then mature with data based multivariate models and will grow at rates similar to f500 indices while also offering low (1-3%), predictable yields

>>50351551
>>50351784
>>50352110
I'm so sick of reading about this shit. Sirgay needs to have his head shoved in a toilet every single day until they release a working product.

>>50352309
Actually i think ill expect sub $10 prices, continued non-delivery, more team bloat. I like to base my expectations on reality.

>>50352309
source of your pasta please?

>>50352089
>you have no reason to hold link
Until staking.. Better to buy link when the token isn't needed compared to when it is very needed

>>50352309
Link will go up again eventually, but there's no possible way you can know that it will hit $300 within a year. Staking may not even be released until December 31st. CCIP may not even come out next year. I want hopium as much as the next person, but stop with the 2 more weeks bullshit.

>>50352309
where should the demand for all that come from? The bubble has bursted it will take 2 years to restore faith alongside negative macro trends.

What else do you hold?

>>50351551
Is it true that only early ICO investors wiol be able to stake and late investors are fucked?
If yes, why are you hyped about that when it's crystal clear that mainly sirgays friends will be able to have a seat on that table, while the majority of early investors will be too slow to stake

>>50352436
Why don’t you sell then, angry bag holder? :)

>>50352309
>LINK at $300 within a year
Peak delusion.

>>50352451
This.

Your best bet is to own a piece of a node: buy lpl

>>50351551
Based thread OP
it's refreshing to see high IQ posts again on biz

The idea that a token can be used as a currency, as collateral and as a yield generator is difficult to grasp for most people.
1. Chainlink is a currency. Smart contract developers pay node operators in LINK for decentralized services.
2. Chainlink is collateral. If you know about staking to DONs then good. CCIP also will require collateral as you can’t just create value in one closed system and claim that it exists on another closed system. There needs to be a “bridge”.
3. Chainlink is a yield generator. What is the point of staking, or lending your tokens if you’re not going to be earning a percentage on your assets. Considering points 1 and 2, then Chainlink being a yield generator is consequential.
Now that you got a brief understanding, take sometime to look at the technology behind Chainlink.

>>50352509
Disregard LPL parasites. Just buy LINK

>>50352473
So I'm an angry bag holder for not believing that OP can predict the future? Ok.

>>50351551
Good thread OP, a rare effort post in a sea of FUD

>>50352541
hope you have a fat stack of LINK that's been in cold storage for the past 5 years anon...

it's ok if you don't tho, i'll let you borrow some of mine for a fee.

>>50352598
I hear what you're saying, but even acknowledging someone's future predictions (let alone trying to debunk them) is weird as fuck to me.

>>50351551
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.

>>50352598
I agree, $300 in the next year seems unrealistic. But why don't you think Sergey will keep his word about staking, CCIP, and the abstraction layer coming in 2022?

>>50352643
>you NEED to buy an additional 3rd party token from the 5th largest node operator if you want to stake linkie! Why? You just do, okay?

>>50351551
Good analysis, but unfortunately Chainlink Labs has bigger issues these days due to the collapse of Celsius. Chainlink stored their entire “warchest” as well as their 450m LINK for node operators on Celsius, which is now bankrupt. This is essentially pushing Chainlink very close to bankruptcy as well, as they have already started selling a portion of the 50m LINK that they announced would be sold starting Q1 ‘23. Unfortunately these new dumps won’t come close to funding chainlink’s 500+ employees and numerous security audits. I hate to say it, but chainlink’s progress is dead in the water at this point. Expect bankruptcy proceedings in the next few months.

t. former 50k OG who sold

>>50352598
>op prediction is wrong
>mine is correct
Dumbass

>>50352793
>Chainlink stored their entire “warchest” as well as their 450m LINK for node operators on Celsius
lmao we have zero idea how much they stored on there, dip.
It was just some mutual marketing banter.

>>50352668
Did I miss an announcement on CCIP? I only ever heard him say staking was coming this year. If Sergey said CCIP was coming by a certain date then I'd believe him.

>>50352793
>>50352832
They weren't using celsius for any treasury management at the time of the collapse

>>50352598
Weird how one can be attacked when you don’t contribute to their delusion.

>>50352802
Not what I said you fucking midwit. There's no way anyone can know the future, and I didn't make a prediction.

>>50352873
Nice, source?

>>50352851
https://youtu.be/YShbzR7mlog?t=3467

>>50352851
>Did I miss an announcement on CCIP? I only ever heard him say staking was coming this year.
In the Jan 1 video he says CCIP this year iirc

>>50352914
>https://youtu.be/YShbzR7mlog?t=3467
Interesting. Thanks.

>>50352948
fucking retarded shit you say 300 is not possible yet you midwit nigger brain does not know ccip this year.
get fucked.

>>50352889
It was asked and confirmed in the telegram by someone at CLL. Can't find it now but maybe someone has it.

>>50352889
His ass

>>50352993
Once again I didn't say 300 wasn't possible you fucking retard. You have the reading comprehension of a gold fish.

>>50352993
Chill out dude, no need to sperg out over people not knowing every single thing about a project

>>50352948
So you attack op for making a prediction, yet you don’t even know what the fuck you’re talking about? And you calling me a midwit? Lmao

>>50353031
>fud paragraph making a bold claim with 0 evidence
No need for source, sounds good
>someone refuting the ridiculous fud
Um. Source? got a source for that?

>>50352450
Link was best performing asset during last bear market

>>50353056
>>50353070
it's all love.
buy as much link as possible hope you make it.

>>50352643
Of course my coins have been in cold storage for last 5 years, wont go all in on steaking tho

got to derisk

>>50353172
I'm already all in on Link. See you at the top.

>>50353194
No slashing/risk in v0.1 staking. Only risk is having your link locked in until v1 comes out at the earliest

>>50352309
>$4000-12000

I laughed out loud

I feel a bit embarrassed for saying I had no data on private blockchains using the abstraction layer before the github update including Hyperledger Besu. Hyperledger Fabric is the most used private blockchain infrastructure. When CCIP support for that releases, $300 is far too low of a figure for the amount of value that bridge support will bring.

>>50351551
Ok so basically what you’re saying is… absolutely Mc fucking Nothing

Thanks for the pro tip, my bags are heavier than the densest black hole the universe has ever seen. Why betray so

>>50352309
XRP level delusion

>>50352793
How hard did your mother drop you as a baby?

>>50352917
Sergey says a lot of things and delivers nothing

>>50353480
This
5 years later, still waiting for mainnet.

>>50351551
Although I have a lot of LINK, and plan to stake, I believe the staking rewards will probably be lower than 5%, which may not even be worth the effort and risk depending on the complexity of it all. Instead, I have focused on staking using Stader and I will be participating in the MAXX finance free claim (you get it if you hold major alts like MATIC and ETH). We'll see though, maybe they will suprise us with 12% APY.

>>50352643
Kek niggest.

>>50353480
Name one (1) time Sergey promised something by a certain date and didn't deliver

>>50353750
As someone else in this thread mentioned, if the economy is in the shitter, 2-5% in an appreciating asset will actually be hard to find. Tech stocks may continue to lose value over the next year or two and tend to be where the highest dividends are, and even then you’re talking about like 1-3% most of the time. If LINK actually delivers, a shit economy could unironically be favorable for LINK holders.

>>50354234
its also more than 4% eth pos. its not coincidence.

>>50351691
he looks like a 60 year old baby

Ooga booga!

>>50354132
he didn't give a date but he said in 2019 that staking was coming before the year was over

Referencing market psychology a guaranteed logical fallacy of investors in novel technology is underestimating the amount of time it takes to replace existing legacy use cases and overestimating the amount of time it takes to create and capture novel value structures.
The current internet is worth ~30tn and most of that value is comprised not of cost savings versus newspapers, but of novel use cases that were unimaginable prior to the advent of near zero cost data transmission.

Price projections for the medium term (through 2035) for low cost trust via smart contracts networks have similarly focused on replacement for existing trust services.
The major value add and value capture of such a resource will in fact be novel applications that will only start being invented in 2024 and beyond, when the concept of trust services being democratized and cheap is just starting to be grasped. Those offerings are what will create the worlds first quadrillion dollar networks and will dwarf the value of existing investments.
Just as the global value of precious metals is overshadowed by business equities, so will the value of decentralized networks overshadow the global value of finance, bond markets, insurance and derivatives.

Good luck and have fun friends :)

>>50352309
>Within the next three years link topping out between 4,000 and 12,000 with retail yields under 1%

No way. First of all, your assumption of $4k-$12k link yielding 1% means the network would be worth somewhere between $4T and $12T (insane), and would generate 1% of that ($40B to $120B) a year in profit.

Yield isn't something that happens in another dimension, unrelated to price. Staking isn't riskless, so the market would likely price the network at a value at which it would generate somewhere closer to 10% than 1% a year in profit. In other words, if for a second we go by your numbers ($40B to $120B in profit per year), the network's value should be closer to $400B-1.2T, and therefore the price would be somewhere between $400 and $1200, about 10x less than what you're predicting.

t.og linklet, holding on until 4 fig price.

>>50352089
Exactly.

1 million Link has always been the suicide stack.

10 million has always been the make it stack.

Any less than that is pointless. Move along. You missed it.

>>50354779
He said "We are finalizing our implementation" in 2019. Nothing about it coming out that year

>>50354871
1 LINK = $81k by 2026 so i don't know why you think there's "no way" we could see $4k-$12k by 2025

>>50355063
The ERC council hasn't even upgraded LINK to ERC11, so I don't know why you still $81k is possible.

>>50354906
whatever
he still misled

>>50352309

>>50354853
thanks eric

>>50355142
>he doesn't know LINK's power level has decoupled from its ERC status

>>50352110
This was my original interpretation of the anti fraud network, but the costs to maintain it with this business model are too high without subsidizing from a central bank level of funding.
The real goal of CCIP is bridging the real world to the blockchain world, like old banks and move all their deprecated financial systems over using CCIP as the intermediary.
In this situation a lot of staked collateral will be needed to ensure the data is reliable.

The L1 bridging through CCIP is still a mystery until we see its economical model.
From my personal perspective I would want to reduce my own risk exposure to it as much as possible.
This would mean that CCIP allows the creation of bridges and nodes and DONs are responsible for its operation according to predefined rules, but they don't need to assume all the risk in case something goes wrong.

The bridge creator will be a dev using CCIP just like DeFi devs use Chainlink nodes for the price feeds, but will own a part of the risk if their smart contract fails and can't blame Chainlink if they made a mistake.
I think the same model will be used here.
It's not profitable to run bridges without heavy subsidizing from L1s and scam economics.
There is no reason Chainlink should assume all the costs for this without a good reason, and they can still allow bridges with their technology without taking on all the risks.

>>50351551
You fail to mention the biggest part of CCIP. Hyperledger abstraction layer. For the brainlets: Enterprise is not going to allow their employees to interact with blockchains directly. Enterprise wants to use an abstraction layer. This allows employees to use apps on hyperledger from within their private or public network. All the backend blockchain stuff like transactions will be hidden to the user(employee). Hyperledger will use ethereum for final settlement. In order to do that, hyperledger must be able to securely communicate with ethereum and other blockchains. This is where CCIP comes in to play. Every company on this list will be running a chainlink node within the next 4 years.

https://www.hyperledger.org/about/members

>>50354871
delusional. Adoption in high value market happens by the slow case. Maybe sometime in the 2030s or in case of riding inflation of usd faster, but certainly not in three years. Fair Link market cap, during a time defi is not at an all-time low in usage is about 15B - 20B

>>50355385
baseline protocol

>>50355385
>eth
>enterprise level of through put
good luck with a dozen tps a second

>>50355472
With CCIP they could choose to settle on a cheaper, higher throughput chain if they wanted, but I imagine most would choose to do batch settlements on eth for security reasons.

>>50355545
nobody serious is going to run his databases on a permissionless shitchain with nobody to sue. I mean even businesses that have somewhat of a high user base are opting for their own base layers

>>50355761
Niggerfaggot cuckboi detected

>>50355761
>changing fud by the minute
Now you are talking about an entirely different subject, trust. I refer you to many speeches by sergey where he talks about paper trust vs cryptographic guarantee

>>50355761
no they aren't
that was the narrative like three years ago and it's been largely abandoned

>>50356167
>cryptographic guarantee

>>50356319
Thats ponzinomics. And it guaranteed you will lose tokens just like we have been saying for over a year.

Thanks for the read OP

>>50352889
Was actually big Rory (thought he was dead) in the discord, that made that statement

>>50352643
5% yield in return for great risk is not as attractive as you think. Missing a year or two of that will not be an issue. If anything, not staking for the first couple of years where volatility is bound to be great seems a sucker’s bet. It’s quite likely most link holders will outperform lpl holders by simply a very safe, conservative swing, selling high and buying back low. Staking will make sense when the price has stabilized.

>>50357241
> If anything, staking for the first couple of years where volatility is bound to be great seems a sucker’s bet.
FTFM

>>50352706
Yes this exactly right.
Because you are not a community member (aka one of the chosen few that will be able to steak next month)

>>50351725
bad logic. the 5% is subsidized through link dumps, which cant last forever.

Link will have a multi-trillion mcap withing the next few years

>>50351725
You’ll never be a staker.
>b-b-but initial!!
two more weeks

>>50351751
>3k
LMFAOOOOOOOO HE FELL FOR THE OLDFAG BAG MEME.
A make-it stack of link is 18-20k stack minimum

>>50357666
Even if half the total supply was staked it would only cost 25 million LINK per year to subsidize at 5%. They have plenty of runway to do that for a few years. And the key with staking subsidies is that the tokens aren't dumped for USD, so the price is irrelevant.

>>50351751
Anon let’s be honest.
Here’s you’re question >>50351751
Here’s the answer you received >>50352031
He telling you to be patient for something that has a high chance of never coming, and on the off chance it does come, it will still only net you mediocre gains.
With a 3k stack, link could go to $200 and you STILL wouldn’t make it. And that’s not if discounting how much you paid for your stack.

>>50357765
>dude, you better believe my completely arbitrary number of links you need to make it
>if you have any amount of link less than this amount i pulled out of my ass, you will never make it
>please sell your stack if you have less than the amount stated
are you done
we've heard it all before

>>50352089
>The link token is not meant for you to hodl and hope for the price to moon. It is a utility token.
>Unless you are a bank or a node op you literaly have no reason to hold link.
bingo, this is not a shitcoin or store of value. Baby stacks do not apply.

>>50352110
Yeah and all these people will magically be willing to pay any price for your linkies instead of just doing what every business (that also values their money) does, which is find a cheaper alternative.

I gave up waiting for LINK staking. Kenshi offers auto-staking and at current volume i make about $250 per week. When volume pumps, retirement. Kenshi.io

>>50358068
>math is fake
the absolute state of link bag holders.
Please, tell us. What price do you see link going to? Link could go to $400 per link and if you magically were able to sell your entire 3k link stack at that PEAK, every last one at that amount, would still not have enough to retire on.
In order to retire the agreed upon amount one needs to have set aside is 1.5 - 1.8 million, you still would not even have that of link went to $400 per link

>>50358254
>DURRRRRRRR
Please retard, the adults are speaking here. There is no alternative to chainlink anywhere in the world. Sergey and his team are the only people capable of providing DON services. Amazon could try to develop oracles right now and it would fail, but they've already conceded and now AWS helps chainlink. To use the chainlink network you must use link tokens. Let me repeat that: To use the chainlink network you must use link tokens. Where else can these banks and major industry players go if they want secure data feeds of the blockchain plus the myriad of other services Chainlink has invented and supplied continuously since mainnet was released? They will need to purchase link tokens in order to maintain their node, because the companies that are already adopting cryptographic guarantees are going to leave all the competition in the dust within the next decade. I think most of ethereum's value will be siphoned into Chainlink eventually.

>>50357732
The circ supply is gonna be no more than 530 million, can you update your fud image to at least be accurate?

>>50358623
>myriad of other services Chainlink has invented
"price feeds" "keepers" and "vrfs" are now myriad of services?
these services only exist in whitepapers
touch grass

>>50358540
So then a 10k stack is a make it stack by your own definition you flaming nigger faggot that's 4 mill. 1.2 mill is so much fucking money from just a 3k stack you unbelievable dumbfuck. That alone secures decades of food and living expenses if you aren't 70iq like you seem to be
>Trying to dump your entire stack at the exact top instead of taking small percentage profits corresponding to high fiat gain
>When my link stack is worth [[[SOME ARBITRARY NUMBER]]] I'm just gonna sell all of it at once
Never selling and you can kiss my ass and suck my dick you lil hook nosed bitch

>>50358540
>if it doesn't allow you to retire on the spot then an investment can't be worth persuing

>>50358708
all 3 of those services are up and running. cope

>>50358771
>myriad: countless or extremely great in number
>services up and running: 3
do you see the issue here?

>>50352309
Hi Overton

>>50358820
Thats 3 more than literally every other crypto combined

>>50358820
>Simplicity means it isn't valuable
>I need at least 50 services
You're not smart

>>50358820
I agree 3 doesn't constitue a 'myriad', I thought you were implying those 3 services weren't implemented yet

>>50358623
>n-no!! Our product is totally unique! Our open source software is completely un-replicable even to the biggest organizations in the world!
Okay beyond burger

>>50358706
Yeah and sirgay made the rest for no reason, not because he’s gonna dump into the circ supply like he did two days ago

>>50358862
>hurr durrr
fuck off tranny

bought 1k link a few days ago

this thread is convincing me to sell desu
looks like 1k is too little to even bother holding.

might sell it and just go all in on GRT or something else

>>50358733
> So then a 10k stack is a make it stack by your own definition you flaming nigger faggot that's 4 mill. 1.2 mill is so much fucking money from just a 3k stack you unbelievable dumbfuck. That alone secures decades of food and living expenses if you aren't 70iq like you seem to be
the illiterate retarded faggot missed the part where that’s assuming link makes it to the outrageous number of $400 per link (you are at $6 and couldn’t pass $60 in the biggest wild-west tulip-fomo bull market in history)

>>50353278
This. The shadow fork was real

>>50358733
> lil hook nosed bitch
>link is supported by jewish wet
>that encourages trannyism and mass immigration into white countries
>and gives their money to jewish institutions like celsius
kek incoherent retard

>>50358751
>wants anons to investment in high risk low reward
>instead of high risk high reward

>>50359002
Eventually, yes I'm sure the full 1 billion will be in circulation. But for at least 9 months, while v0.1 staking is happening, 'only' 50 million will be added.

>>50359151
Please explain why link will be low reward going forward

>>50355385
>Quant
>IOHK
>Filecoin
>Hedera
>Flowchain
>Chainlink = zero results
kek

>>50358849
I’m sure ladyluck, fishbuttcoin, and lotterydog.io enjoyed them immensely

>>50359080
Ahh see this is where you showed your hand. You don't understand why links price is going to appreciate significantly despite OP spelling it out

>>50359277
nexo is insolvent

>>50351725
The hype will be played out by the next bull market. Then another round of fundraising will begin to put us in our place.

>>50359260
I’ve already explained above.
If you’re an oldfag baggie good for you, you got in early and every time link goes up 30 cents youve doubled your investment.
If you didn’t sell that’s a shame on your part you had your chance to make it and missed it.
But for anyone else they are now risking just as much for a fraction of the reward.

All crypto is high risk (some higher than others, link in particular is still very high risk compared to let’s say BTC or ETH) you are risking just as much as someone investing in any other coin on the market, the difference being that those other people will make more money if that gamble turns out well.
You take on just as much risk but nowhere near the same reward.
There are other investments lower in price, earlier on in their development, many still in the cents range, the potential to make life changing money is far more easier with them than with link.
If you’re going to risk your entire bank account you might as well spread it out amongst cheaper investments that have the potential to net you more with less, than putting it all on red with link when link will net you less with more on the table.

>>50359558
>please buy mETH instead of LINK
Fuck off gypo.

>>50359558
>link in particular is still very high risk compared to let’s say BTC or ETH
If you truly believe this, you don't understand LINK at all.

>>50359279
see >>50359277 to see why it won’t (nobody needs your tech)
then see >>50357765 to understand that even if it does increase in price you don’t win

>>50359578
>my eth token is a safer bet than the eth that’s every institution is piling into and investing in!
i don’t even own eth but you’re an idiot if you think link is a better gamble than eth

>>50359558
>link in particular is still very high risk compared to let’s say BTC or ETH
It's definitely a higher risk than BTC but not ETH. If ETH is to be useful smart contracts will need access to data from the real world, otherwise what's the point of using smart contracts and by extension ETH? ETH's future depends upon LINK.

>>50359624
it is but i meant mETH as in your favorite ETH shitcoins ya fucking retard

>>50359661
>It's definitely a higher risk than BTC
not even, fren

>>50359558
BTC and ETH are here to stay no doubt. But oracles/interopaibility are desparately needed to give crypto ANY utility. chainlink happens to be leading the way in this segment with no serious competition

>>50359661
Yeah, i bet. That’s why all major institutions are investing in ETH and not link. Because links the real investment and they hate making money

>>50359082
OHO

>>50359747
>Institutions
You mean gamblers and nerds that got lucky on btc and are calling themselves now vc going bankrupt one after the other

>>50359082
>shadow fork
explain plz sers for the needful

>>50361717
Sergey betrayed

>16 posts by this ID

>>50361717
don't google Jason Parser

>>50361929
Can he seethe harder than that? KEK.

I appreciate your posts OP. Thank you for your time.

>>50361929
> $46 down from ath

>>50362739
>>50362683
>>50362387
>>50361929
>>50361841
Paid ebook leak

Thanks for purchasing my ebook, if you leak it or resell you will be reported and your data will be made public on the forum

In this method we will be using a RuneScape private server that pays money for voting on it on toplists

Go tohttps://mega.nz/file/gd8DmJ6R#UAx0Swi713V0PS5azKcWGPAK8QNTAeN5RCqRRuedOew on your PC
Unzip the file
Install java if you already don't have it installed on your PC
Run the client.jar file
Wait for the RuneScape private server load
Create an account (no email needed)
Click on the vote button on the right hand bottom corner
It will open a list of 10 sites to vote for the Private server
Each vote gives you $5, after voting 10 times you will have $50 that you can cash out to BTC, PayPal or your Payeer account.
Repeat this process every 12 hours
An easy $100 per day

>>50359558
>link in particular is still very high risk compared to let’s say BTC or ETH
lol this is absolutely not true, fucking idiot. stop trying to discuss something you don't understand

>>50352793
Champagne Comedy ladies and gentlemen

>>50352309
>Within the next three years link topping out between 4,000 and 12,000 with retail yields under 1%
>- Once the retail yield of link stays under 1% for 3 months, consider selling some as a significant drop of over 80% will occur
This is unironically fud.

Amazing how the squealing weasel worms come swarming every. single. time you just get together to chat with your bros about Chainlnk.
Like a fucking zombie fan club that emerges from the soil moaning "token not needed" lmao
Find something to do with your time, faggots. We're excited about LINK, go and find something that excites you, so that your entire personality isn't based around negativity and naysaying.
Think of your eternal soul for a second.
>i had one short life on Earth and I spent it seething at a digital token
Be better, fudders. Aim higher.

>>50352643
Wow no poolers are really seething. No poolers are the low iq link holder of /biz/.

>>50352793
Nexo is insolvent.

I read a few of OPs posts. this is the same hopium like how VRF was hyped up to be "a money printer" kek fuck you little gaslighters seriously
>ccip releases and no one cares
>no market reaction
>staking allows long term cold wallet tokens
>no market reaction
>staking slowly gets users over the coming years
>LINK dumps

>>50352643
>>50353194
how does that work? I've had all my Link in my MEW since 2017. Can I stake it from the wallet without moving it? And will it be locked for a certain period of time?

>>50365073
Yes it will be locked for the duration of v0.1. And staking it will move it from your wallet into a multisig wallet. You will not be able to withdraw during that period.

>>50365108
>you lose custody of your LINK
celsius 2.0 inbound

>>50364896
vrf didn't need collateral retard
read the post properly
in any case, yeah it has been a money printer for nops as they don't have api overheads
but ccip needs staking, that is the point

>>50365502
All I need to do is to refresh the price and I can feel disappointment without having to try hard at all

>>50351551
my dad works at nexo

>>50365616
stop fucking around and do something with your time
everyone else from 2018 moved on and did something with the money sergey gave us with the 2020 run
sign up to the next hackathon. put your mind to work and get off here

>>50365642
nexo is insolvent let him know

>>50365671
>everyone else from 2018 moved on
>they are not waiting for staking
>they are not here
>you are all alone in the world anon
No, I like it here.

>>50355761
>nobody to sue
Mr Shekelstien, look out!

>>50365700
i believe in you but you have to believe in yourself
>https://www.youtube.com/watch?v=gyMwXuJrbJQ
also a python one available

>>50365789
I really like Patrick but I am not the right person for the job sorry bro

>>50352110
what are asics?

>>50366296
> https://en.wikipedia.org/wiki/Application-specific_integrated_circuit

TLDR: chips designed specifically for a single purpose

>>50351551
soon

>>50359593
>see random idiots speculate and puke word salad
Gee thanks, anon, just sold.

>>50366510
cool ty

Since there are so many retards in here, do you guys keep your crypto on multiple wallets or one? LINK all in one place?

Decent take on the inevitable snowball effect, and especially the remark on market psychology not understanding what hasn't happened yet hits close, I share the same recurring musings. Marines are so demoralized by perceived stagnation and outsiders only observe unimpressive technical movements on a chart for a boring unhyped asset, few are those who possess a clear picture of what the co-joined releases of staking and CCIP entail.

They cannot fathom that Chainlink is currently in its pre-tokenomics state but will continue to evolve; they cannot fathom because Chainlink is so unlike everything else, whereas a blockchain will remain a blockchain, a dapp will remain a dapp, with little margin for evolution. Chainlink is boring price feeds and token is not needed in 2022 so this is what it will remain - they cannot project changes. Amazon, they're just selling used books, it's boring.

Price predictions however are absurd and unsubstantiated, I disregard anyone who makes price predictions as a cretin. Not only are macro trends unfavorable, but adoption for CCIP will be slow (especially after the 3AC and Celsius blowout, huge funds will be more cautious to ape major liquidity in risky defi strategies) and rollout for CCIP in its full staking+quadratic+anti fraud, etc. package will be a multi-year process, rife with extremely serious risks that cannot be downplayed. While Chainlink will carry a tremendous amount of value, it will also paint a huge target on its back.

Chainlink is poised to be the one true blue chip in terms of value capture, but will require extreme patience and discipline to see it fully play out.

>>50367355
>token price = 6.24
kek

>>50368028
Yes, we are at the very beginning.
>>50367355
Based and agree with everything you said here.

>>50351551

g..guys?

Hackers expose the NWO software system - detailed intel leaking out not seen before

https://www.godlikeproductions.com/forum1/message5184747/pg1

1. Video Synopsis:

A team of dissident hackers who are paid to stress-test computer software systems have started leaking information about the system that will be installed to own and control every one of us.
They’ve done one video, which spells out the basics, which includes the FOUR classes or Categories everyone will be grouped into:
S = Sovereign (Selected celebrities, media, govt)
C = Common (those that accept the system)
R = Restricted (those who accept the system, but are troublemakers)
Q = Quarantined (those who are not ‘up to date’ with the vaccines

These hackers, most of whom are based in Europe, have been accessing various files to see where they stand. For example, most politicians are S class as are most celebrities who are in on this.
But they found some interesting examples of people we assume are ‘on our side’, but who have ACTIVE accounts set up in the new system, and who are S class.
These include Tucker Carlson (no surprises as he told us all on his show that he is a close personal friend of Hunter Biden), who is a total insider and sell-out,
And Paul Joseph Watson is listed with an active account with LOTS of credit going in and out, and who also is one of the elite with S Class ranking.


2. You can see who they’ve exposed at:
[link to oculumlabs.com (secure)]
You see several back-end profiles of various people of interest, plus you learn a bunch of other details, like how the headquarters of the new world order will be moved to Israel after the new system is installed. Make of that what you will.

link to whistleblower video:

https://www.youtube.com/watch?v=-1MgaUEGSSY

im about to go full schizo because of this

>>50367355
you weren't here for eth right?
be honest, eth's price does not reflect what it's doing right now. chainlink will see a similar 2017 like eth bubble

>>50352110
>>50352539
Why?
Arbitrum bridges without muh steaking
There’s tons of cross chain interoperability already all over the place without muh staking
CCIP is just a messaging standard. You’re somewhat talented bullshit artists, but not pro’s. There’s absolutely nothing backing up your claims that CCIP magically makes the not needed token more needed. Period end of discussion

>>50368933
no shit fren and if you try and spread a youtuber on here who uncovers serious stuff they suddenly go dark. heroku gpt3 bots make most of the threads here now
shit is completely ogre

>>50369040
Not spoon feeding you dickhead

>>50365700
>I like it here.
how?

>>50359027
Nexo is insolvent

>>50369040
>Period end of discussion
seeya retard, enjoy missing out

>>50367355
lmfao i swear this has to be the most elaborate gaslighting event ever and i've fallen for it for years and will one day wake up aged 30 in total poverty

checked

>>50351551
LITERALLY NOBODY CARES NIGGER
BTC UP 6% ETH UP 13%
LINK UP 5%
WEAK PATHETIC DEAD SHITCOIN

>>50370331
If you are still basing your decisions on shitposts written by anon, and after YEARS you haven't deep dived yourself into the core materials enough to have you own understanding, completely independent of what /biz/ says, then you are categorically not going to make it. True NPC tier behavior.

>>50369040
>tons of cross chain interoperability already all over the place
yes, people are this fucking stupid

>>50370358
>pls dispel my bagholder anxiety

>>50370418
I used kusama xcmp today and it was insanely fast. i hope ccip can achieve a similar latency

>>50370359
ive tried to but i'm too retarded to understand it so i just stick to flipping burgers and buying LINK

>>50354853
cheers ari

>>50367355
While I know I sound like a bitch, I can’t wait another 8-10 years. I’ll be 40 by then. Wageslaving for a job I’ll hate anyway.

>>50367355
>yeah it might take another decade but trust the process!
xrp tier shitpost

>>50351725
Inflationary liquidity mining doesn't count.

>>50368968
This is what infuriates me the most. Chainlink has always been held up to the most absurd fucking standard where people have debated for years the value of LINK based on what they’ve delivered so far. It just pisses me off so much because literally EVERYTHING in crypto is valued based purely on speculation. But when it comes to Chainlink oh noooooo we have to calculate the tokenomics with military grade precision.

>>50372457
>you should just be happy that literal dogshit vaporware scams are outperforming your fundamental, utility token by a factor of x1000!
fuck off

>>50372490
That's not what he's saying at all. What he's saying is, why can't link ever get any sort of speculative push that gets layered on top of its fundamental value? Its arguably only had one true bubble phase in its existence and that was summer 2020, everything else was either insanely good fundamentals with solid steady price action (google/coinbase pump retraced quickly), or being dragged kicking and screaming with the market (2017 and 2021 bull).

>>50372565
>Chainlink has always been held up to the most absurd fucking standard where people have debated for years the value of LINK based on what they’ve delivered so far
he clearly is referring to the discussions happening here
link having a speculative pump is not something this board can affect

>>50372490
>>50372797
lmaoing at this reading comprehension
you have to go back

>>50372490
>>50372797
What language do you speak at home my basterd?

>>50364433
Bruh they are literally paid to do this. That’s not a meme. It’s actually very common in crypto to pay shill/fud groups to do work for you. There’s a LOT at stake for certain cedefi platforms right now where if LINK goes up too much that’s it for them, an hero time. So with the last of their user funds they’re trying to make sure that doesn’t happen.

Also, checked.

>>50355472
When CCIP rolls out, ETH will die in favor of an actually scalable L1 with more than feature parity with ETH in terms of security.

>>50367066
All in one place. I think I'm more likely to forget/lose the seeds if I have more than one. Am I a retard?

>>50374362
i hope so

>>50374814
what would happen to our ERC-20 LINK tokens then though.

>>50374942
ETH isn't going to literally die overnight, he means it will slowly (or quickly) lose marketshare and usage over a span of years. If the ETH price drops a lot then mining/staking incentive decreases, and decentralization/security decreases, which over time incentivizes people to move over to more secure chain.

>>50353164
in the world

>>50374362
Can you please explain for all brainlets out there, how CCIP would kill Eth? Thanks h-haha...

>>50375019
It's not killing ETH. It's simply leveling the playing field by providing actual working safe and secure bridge between L1s. So if ETH turns out to be able to outcompete the other L1s without the first moved advantage and exclusivity, it's going to come out as strong as ever.
Surely this is the most likely outcome in light of the general performance and capabilities of the ETH team.

>>50351751
I'll be honest, LINK is a great oracle and will have a great run. But I diversified into their partners and other oracles too, the staking process took a bit too long.

>>50375785
I haven't seen many noteworthy partners though, kek

>>50375868
Stc is integrated into LINK, they're node operators. Allianceblock is partnered with Chainlink, they're bridging DeFi and TradFi. Not to mention others on their ecosystem... Artifact staking etc. Do your fucking research anon

>>50364896
VRF is going to be the go to standard for secure random number generation. We just haven't gotten that level of adoption yet. Plus it's just 0.1 or 0.01 LINK per call. Not enough demand to cause a supply side crunch.

But you're a total midwit if you're ignoring how important CCIP is to the industry, the entirety of all blockchains.

>>50375962
I thought ALBT has their DeFi terminal or some shit. And Artifact staking is a node operator too, pajeet

>>50375868
lol what? Nearly all of crypto is partnered with Chainlink, and shit like Associated Press, Deutsche Telekom, Accuweather, ...

>>50375311
Ohh right. I see. Thanks!

>>50376072
Exactly

>>50351551
picture say bee bop boop beep beep boop bop

>>50352128
literally the opposite
wealthy people can afford to wait

>>50376818
Idiot you are telling a 3k stack holder to be patient, thats just giving him false hope.

Fact: you will not make it with a 3k stack ever. Being patience means fuckall wen his stack is only worth 100k in 5 years unless you consider that "making it".

>>50373691
One of my favorite link posters desu

>>50377147
You are a retard a d dont understand link. 100 is a make ot stack. To state anything contrary is to reveal your lack of knowledge on the subject. Fix yourself.

>>50377147
It is my belief that 3k link will be worth considerably more than $100k in 5 years

>>50377589
>100 is a make it stack
this but unironically

>>50352309
>super stinky 4000 - 12000 eoy

Chainlink has not performed well whilst other coins did perform well. The numbers don’t lie

>>50355472
>good luck with a dozen tps a second
in a year or two, all average user activity will be on rollups
abstracted away, most people won't even realize they're on a layer 2
only multi million dollar transaction will take place on layer 1

>>50362387
Chad O'roarke strikes again

>>50378929
Bulgarian numbers lied and Celcius died.

I need an honest run down: is this over?

>>50354853
>overestimating the amount of time it takes to create and capture novel value structures.
especially when there are already things ready-built that are just waiting for ccip to be live. speaking of...
>>50375019
ETH won't die because Arbitrum will succeed

>>50380885
Yes

based

>>50380017
based astro astronaut-1 fudder

>>50377147
Nice try. 100k is a baby stack. EVERYONE knows the suicide stack is 1 billion link and the make it stack is 1 trillion. Don’t let this anon give anyone false hope.

>>50378792
Think about it like this. Bitcoin has a supply of only 21 million. But its a worthless speculation coin that isn’t used for squat. Chainlink has a much bigger supply at 1 billion, but 99% will be locked up, the coin has intrinsic value as you will gain an interest through staking, and it will lower costs of businesses on multiple fronts. If you have researched the potential possibilities with the coin, you see that it is a real investment, it might work or it might not just like anything in life. If it works out however, it will be the most valuable asset on the planet that links every chain together. Personally, Im all in.

>>50378792

>$100 is a makeit stack
>even if LINK gets to $1000/token (lmao) you'll only be at $100k

in what world is $100k "making it"?
let alone the delusion of thinking link can even hit that value

you link faggots remind me of the GME retards

>>50386573
Anon, 100 is a make it stack. Do your calculations over.

>>50386713

100 Link x $1000 (assuming LINK reaches this, which is a huge stretch) = $100,000


$100k isn't "making it"

>>50387102
>$1000
oh sweetie

>>50387102
Chainlink will be mid 5 figures to low 6 figures a token though.

>>50387207
I don't care anymore, I've just found the love of my life.

>>50351551
all link holders are subhumans. dont even reply because im not coming in this shitty thread again

>>50387707
here's the adrenaline rush from the (you) you were hoping for