/biz/ - Business & Finance

>>50439337
token not needed

>>50439337
I have bad news for you - LINK does nothing and never will.
you own nothing

I have to buy ETH if i want to use LINK or anything else

Hi yes I have 10k transactions on eth and have used a total of 0 chainlink for those transactions can you tell me why I need it? Thank you

>>50439352
You have to buy link if you want to use eth or any other l1

>>50439358
>t. bought link without knowing it

>>50439342
>>50439348
>>50439358
>these posts brought to you by the serbian rape-baby discord, sponsored by nexo (insolvent)

>>50439342
Not yet that is, after 2.0 Link will be in high demand due to operation nodes hoarding as much as possible

>>50439401
>>50439397
cope linkchuds

>>50439337
let the methheads have their day. soon it will be ours.

>>50439397
Fuck nexo fuck link baggies fuck Jews fuck niggers

>>50439367
Nah you bought it for me, thank you for subsidizing my profit

>>50439361
I really, really don't though... Maybe the defi protocols have a stack somewhere to pay a couple bucks for keepers, the price feeds are free to use and I don't mint nfts so that's all

>>50439480
Thanks for admitting you bought it. It was just hidden in your fees

>>50439447
and it will be glorious wagmi fwen

>>50439361
I can just buy eth and always have

>>50439337
BECAUSE IT IS INFLATIONARY!
IF THE TOKEN IS NEEDED OR NOT IS BESIDES THE POINT, IT'S INFLATIONARY WITHOUT STAKING MEANING THE DUMPING PRESSURE IS COMING FROM SERGEY AND THE TEAM.

>>50439337
I've been here since early 2018 and never bought link even though it was 30c back then, because when I asked about the utility people always came up with ridiculous bullshit use cases. I wish people would have told me "yeah it's worthless thrash, but we're gonna shill the hell out of it so it's gonna pump, grab a bag"

>>50439337
they dont make memes like this anymore

>>50439551
>INFLATIONARY
No its not there are no new tokens being minted. max supply is fixed, Sergey dumping his dev bags on the public doesn't count as inflation

>>50439337
Because ETH announced a hard date for staking, LINK hasn't
That's as simple as I can make it

>sold my last eth for link 1 month ago
what was I thinking

>>50439337
>Eth cannot function without link

Are you fucking retarded or what lmao. Eth has been functioning before link was even a thing and is fucntioning just fine without it. Delusional link baggies kek

>>50439876
>Because ETH announced a hard date for staking, LINK hasn't
It has to go hand-in-hand with ETH staking, right?
That's the only possibility that makes sense to me, that LINK staking is dependent upon the POS Merge.
Otherwise what the fuck have they been waiting for?

>>50439551
This is why you need to favour deflationary tokens like QANX. All the tokens will be released this year, so no more inflation.

>>50439588
>because when I asked about the utility people always came up with ridiculous bullshit use cases.
You're retarded and deserve to stay unmade.
Chainlink powers defi.

>>50439876
But they keep pushing back their "hard dates"

>>50439498

>>50439695
>this is your average link holder

>>50439337
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.

>>50439337
LINK is born on hallucination.... Thought they would be goal driven like their partner, Alliance block.... Never gonna succeed ...

>>50439342
>>50439435
bot

>>50440079
defi is a worthless ponzi though

>>50441130
We ain't gonna risk our investment here again.... It's over for Link bros.... Time to think about projects with real life use case ...

>>50439337
LINK's refusal to pump and insistence on dumping only is becoming ASTOUNDING. I really am starting to go crazy holding this PIECE OF FUCKING TRASH.

>>50439588
it delivers accurate data securely
if link didn't exist, defi would work like shit as a result of everyone's shitty oracles getting exploited
you and everyone else not seeing this means you completely take it for granted

chainlink should be charging everyone five to ten times as much for queries, because clearly, nobody values something no matter how useful it is until it's something they have to spend large amounts of money on
people today are so used to accepting bad deals they no longer know how to accurately assess something's value

>>50439985
>It has to go hand-in-hand with ETH staking, right?
absolutely not, you need more chainlink education
>>50440619
the dev team historically never gave a hard date, just roughly's and maybe's, they've put POS through enough testing to be confident enough to go live on a specific date

I don't care about ETH POS at all btw, but that's the reality of the loss against the pair
why didn't the TA fortune tellers warn everyone?
>kek

>>50439337
>incorrectly placed comma
>opinion discarded

>>50439337
Chainlink is great.
But the token is useless and therefore worthless.

>>50439337
its a clown world i tell ya

>>50441500
i think i get it now
"token not needed" posters are bots and should be treated as such

>>50441873
>people provide a perfectly valid reason for why you're shitcoin won't pump
>hmm no that can't be right I'm gonna call them a bot

Crypto normie here

I buy BTC and ETH because they seem like they won't rug eventually like the rest

I'll bet the big institutions think the same way I do and don't give a flying FUCK what "utility" your shitcoin has

>>50439985
>It has to go hand-in-hand with ETH staking, right?
No it doesn’t lol

>>50439904
Are you new? Eth is nothing more than shitcoin flipper without link.

bulgaria is really a shithole, and nexo is insolvent

>>50441897
https://market.link/overview
anyone who has ever visited this link is able to instantaneously verify that you're wrong
>7d link rewards (link tokens paid to node operators for service over the past 7d)
>149.11k link
all txns that make up this volume are documented on the "live updates" page
if you're not a spambot, you sure as hell behave like one
given that you behave like a spambot, you're gonna ignore proof that the token is what has to be paid to node operators and reply with "token not needed", inviting retards to follow your example and lowering the standard of discussion in this and every link thread

>>50441949
>institutions think the same way as me, a retarded crypto normie!
Well at least you admit you’re a midwit

>>50439904
makerdao was the most impressive thing happening on ethereum prior to chainlink mainnet
if we're gonna give credit to ethereum for making smart contracts easy to deploy, we're gonna give credit to chainlink for similarly standardizing decentralized oracles, which is where the value capture is anyway

>>50442148
>https://market.link/overview
why is polygon updates so high but ethereum has way more fees?

>>5044313
chainlink's minimum base fee to a chain is determined by that chain's transaction fees
chainlink can service other chains much cheaper and still make a profit, because they are much cheaper

gns, which is on polygon, is one dapp that decided to take particular advantage of cheap chainlink service to offer what are very fair, complex derivatives markets whose liquidations are based on aggregated prices (much lower chance of getting scamwicked)

>>50443135
chainlink's minimum base fee to a chain is determined by that chain's transaction fees
chainlink can service other chains much cheaper and still make a profit, because they are much cheaper

gns, which is on polygon, is one dapp that decided to take particular advantage of cheap chainlink service to offer what are very fair derivatives markets whose liquidations are based on aggregated spot prices (much lower chance of getting scamwicked)

>>50439352
nope, you can just buy Matic, or Avax, or Sol, or any of the other COUNTLESS L1s LINK is used by

>>50443965
N-N-N-NOOOOOOOOO
TOKEN NOT SNEEDED
TOKEN NOT SNEEDED
DELETE DELETE DELETE
JANNIES DO SOMETHING!!!!

>why is <useless token> constantly losing value against <useful token>?
gee I wonder why you retarded excuse of a human being.

>>50444072
$20+ tx fees are very, very bad for a settlement layer
what's worse is that these tremendous fees actually being paid (i.e. eth is being bought off the market to pay for them) still can't justify ethereum's value

you and everyone else who thinks in these terms all gonna find out the hard way that your approach to value is totally wrong

>>50444056
is that the actress from Aquaman?
is this from one of her earlier community theater roles or something?

it doesn't take a lot of range to act "angry."
it's sort of "the easy way out" for bad actors and new actors to just play everything as anger. yell, shout, and "act" angry.
this is probably from before she took acting lessons.

>>50439337
Market is retarded and thinks a pos settlement layer is the play, but we all know what the real play is.