/biz/ - Business & Finance

>>50777890
staking is not released yet hence the price action, the token is not very needed at this point.

It's simple, we rebrand it to Corgi Nazarov.

Think about it.

Solution:
Sell this piece of shit and short it too. Use profits to buy Ethereum.

>>50777908
>supporting pedo furries and their pre mine scam
not even once

>>50777908
I just bought eth before the dip and it became the currency with lowest gain today, at least link can hold bottoms properly

>>50777903
/thread

>>50777939
staking is not required for price action
adoption is not required for price action
main net was not required for price action
this applies to all cryptos except chainlink

why is chainlink held to such an unreasonably high standard?

>>50777962
Because it doesn't have any dogs.

>>50777890
The high price was it's hype, $8 is pretty good for what it is

>>50777962
I can smell the curry from here

>>50778008
most than likely
>>50778050
where is BTC adoption? which shops use it? Can I shop at Amazon with the money of the future?
What about the EEA, which major companies are currently leveraging ETH?
>but but curry breath chainlink needs all of those things (adoption + tech) otherwise it cant moon!
Never stopped any other token or coin from mooning before in the history of crypto. stop kidding yourself dumb fuck you have fallen into the fudders trap by putting high expectations on chainlink.

in my culture i could kill you where you stand faggot

>>50778144
...so you're a sand nigger then?

>>50778050
You know you can't refute what he said. If anything, the drive by fud farts from pajeets like yourself carry the smell of rancid curry through this board

>>50778167
>ignores every point
>puts chainlink to unreasonable expectations
>no other crypto has to release tech and gain adoption
>focuses on the identity of the poster on an anonymous german bird slaying forum
you dont watch stargate do you bot?

>>50777890
>we all know
We all know its a scam. Its been proven a scam time and time again. Only cultists keep shilling this scam.

Its all good though, their punishment for scamming is being down 95% vs ETH in the last 2 years.

Its called karma

>>50778337
Scam in what way?

>>50777890
maybe... just maybe... its actually a well organized, sophisticated scam

>>50777890
>how do we explain the price action
in case you haven't been paying attention, in every single instance of bullish news for LINK, BTC would crash within minutes

this trend has been going on since the beginning with no exceptions
so that's all. you either choose to believe that it has all been a huge coincidence or you join the schizo club

>>50778503
every four years crypto gets a pity pump from (((institutions))) so they can test the new tech for vulnerabilities they can take advantage of and fix for their fake decentralized systems. No adoption required. New tech is mostly rehashed shit like nfts and games.
The point is to control BTC as the old financial system has been expanding to consume BTC. As the old system expands every unit it emits becomes worth less than the previous one. But the point is the brr allows more units to be converted into BTC.
this is why few have repeated pumps against btc in sats including eth.

why do they want BTC? the original and the king, the grassroots mining movement that swept the world a decade ago? the one that came from military tech?

And interestingly is it BTC that is dumped to prevent chainlink from mooning because chainlink decentralizes inputs for value to flow into smart contracts.
Right now most markets it not all are guaranteed to be something/BTC. Everything is valued against BTC. So control the referent valuing "money" control the entire system more or less.
Do you see how important chainlink and smart contracts are now?

>>50778631
I think you guys are looking into this a bit too much. This is really just a dog thread.

>>50778631
meds ASAP schizo

>>50777890
Im genuinely beginning to think chainlink actually shills here. Thought it was genuine but really unsure now.

>>50777890
>So we all know that Chainlink is by far the most promising project in the crypto space.

You meant to say RLC

>>50778639
No it's a thinly veiled attempt to get your minimal effort dall-e images turned into Chainlink lore.
It is cute though, so I have saved your images and will post them in the future.

>>50779075
It probably took about as much effort as presenting the exact same powerpoint slides for 4 years.

SCAM PEOPLE

>>50777962
Because Sergey can't hype his project and doesn't want to advertise it.
He decided to let results speak for themselves instead which means he needs to deliver something else than hype and real usage and network growth.

You can either take the ADA route and hype with no project or take the Amazon route, but in that case you need to have a great product and insane growth.
We are stuck in the starting point because of Vitalik and the adoption exponential growth stalled.
Sergey needs to restart the engine soon.

>>50779420
>experimental cutting edge tech has defined routes that must be taken
>blaming another project when chainlink is blockchain agnostic
kek no faggot he can do whatever he wants because this is supposed to be a bleeding edge tech space not rehash yesterday's shit because crypto is uncreative

>>50779509
He certainly did what he wanted, which was to ignore his investors and community and dump on them during the bull run with no staking release.
I don't care if Chainlink is supported by Jesus and Aliens, if the network has no staking and proper income then it's shit.

And yes Vitalik fucked up everything with his constant delays and fuck ups.
He was so slow that others solved the problem of scalability in his stead, but even then he was still too slow to change ETH to support it.
Autism is no excuse for incompetence and constant delays.

>>50779509
Boomer bankers only care about ETH and do not want to use the constantly failing and centralized L1s like SOL to run their derivative contracts.

>>50779601
>the so-called market maker jew has a solution no one wants to use
yes and the timing of the solana password "hack" is very interesting too in the lead up to smartcon
>everyone loves ETH
JP Morgan is not (((everyone))) close though
>>50779575
>eth bad
but bro blockchain agnostic? maybe blockchains have nothing to offer users beyond false promises. eth is only loved because mev guarantees some sort of profit. all the eth foundation have to do is create hype and profit from the madness.

>>50779742
>yes and the timing of the solana password "hack" is very interesting too in the lead up to smartcon
So this is the curse of the SmartCon. This time it activated before they appeared in it.

>JP Morgan is not (((everyone))) close though
JP Morgan has been suppressing the price of Chainlink with BTC dumps for years while making money from ETH.
If you want the token to pump you better do something about them.
Assassination smart contracts would be the most efficient solution, but creating strong economics is another way to do it.
Unfortunately they are one of the main "partners" of Chainlink through Swift...
CeFi being shit scams does not mean the older finance is not shitty too.

> maybe blockchains have nothing to offer users beyond false promises
Chainlink can't scale without real use and working blockchains...

>>50777890
For me it’s ROSE

>>50779857
>JP Morgan has been suppressing the price of Chainlink with BTC dumps for years while making money from ETH.
does not compute. ETH never regained ath in sats. If anything they are staying in BTC and dumping BTC because of LINK. ETH is just the current most reliable blockchain on offer by the market. That may change but the relationship of BTC dumps to LINK news has a history unlikely to change (unless steaking really changes things dramatically but nothing ever happens so I'm not holding my breath)
>Assassination smart contracts would be the most efficient solution, but creating strong economics is another way to do it.
these shooting and bomb threat memes are exactly what an assassination smart contract would be like. dump my shitcoin and someone will blow up your offices and gun down your family or kill them cia style with a heart attack or car crash. anons should embrace the idea of grassroots violence if they want to ensure fairness in the markets kek
>CeFi being shit scams does not mean the older finance is not shitty too.
its all shit bro just accept that you are trapped like me in this hell on earth
>Chainlink can't scale without real use and working blockchains...
what is "real use" when all of it has been about distributing value to specific players while selling on something that loses value when retail get their hands on it. I have accepted this entire space is just as predatory as the old financial system. the dream of financial liberation is dead

>>50777903
the problem is that we can't tell how bullish staking is at this point
it's going to be rolled out slowly, piece by piece
we could be in another situation where link seems crazy bullish but other shitcoins race past us

>>50780113
>does not compute
https://nypost.com/2022/07/08/ex-jpmorgan-metals-traders-face-trial-on-racketeering-charges/
If you want to find the culprit for a crime look for who has the most experience to do it and can profit from it.
JP Morgan hid Chainlink in their customer focused documentation on blockchains while being invested in ETH...
Just take a look at the number of companies who were caught in the Celsius scam to see that they are already in this space and thus will certainly replicate their previous behavior in an even less regulated space.

>anons should embrace the idea of grassroots violence if they want to ensure fairness in the markets
remove jews and create a utopia...

>what is "real use"
Adoption in the real world and automation of real world contracts through the blockchain.
But for that they need a working and scalable blockchain with privacy and Swift needs a UI extension from Chainlink for their derivatives. Maybe CCIP is this Swift interface.
They must be confident thinking their network to be able to scale finally if they release staking now with CCIP.
We will find out soon if it was a scam, but something tells me we are going to wait another 1-2 years until CCIP is officially released in its v1.0 and not v0.1...
Maybe they will rename the V1.0 to V2.0 to release the V1.0 sooner kek

>>50777906
topkek

>>50777906
Sadly this would pump the price more than staking.

>>50777908
I sold my bags for RIDE, looks like a great move because RIDE has a better utility and it's a metaverse project

>>50777890
>>50777906
>>50778008
>>50778639
>>50779120
anon remember "safety dog" and "ni hao wealthy china man"? if you can come up with a one liner like that for Corgi Nazarov I will do my best to repost it every day until Chainlink hits $81,000

>>50780286
I prefer the -99.3% returns of COPE.
At least it reminds me to cope!

>>50777908
Missed out on this trade due to health issues.
It seems I am cursed to hold LINK for some reason...

>>50779923
>rose
The new link
>sad

>>50777890
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.

>>50780410
still not selling

>>50777890
If “he” would’ve just used this logo at the beginning… we would’ve flipped Bitcoin.

>>50780472
>>50780326

>>50778335
Akshually.jpg that was star trek
>inb4 bait

>>50780113
Why not try swatting the Jews that are suppressing stuff? Seems like people get away with getting peoples doors kicked down by the swat team all the time?

>>50779420
>We are stuck in the starting point because of Vitalik and the adoption exponential growth stalled.
CL should be pivoting to BTC and not just rely on ETH for their bread and butter

>>50780625
kek swat work for them faggot they do not knock down JP Morgan's door because some NEET said bomb
>>50780606
bait
see
https://youtu.be/aTWTYklBWhc
>>50780209
like I said man JP Morgan are using ETH because it is the current best in space. If the furry spammers stop being effective and some other blockchain gained dominance they would jump ship. Regardless they will continue to use BTC to suppress LINK and probably many others in the space
>fuck jews
yes.
>chainlink are slow
yes and this is holding back the space while the wolves circle. never forgetti they want delays and hacks so they can improve their institutional grade centralized solution. BIS keeps arguing as such

>>50780662
Why is the BTC token needed?
What does it do?
Confirmation time which takes hours, an inferior UI and user experience, no smart contracts...

>>50780745
>yes and this is holding back the space while the wolves circle. never forgetti they want delays and hacks so they can improve their institutional grade centralized solution. BIS keeps arguing as such

I feel despair despite the current situation of staking and CCIP getting released "soon"
I fear CCIP is going to take the same route as Arbitrum with a 1 year or more beta phase after months of delays.
I should be bullish at the thoughts of the token economics improving finally, but my PTSD is telling me I am going to revive the past experiences of great news followed by very slow changes and improvement which largely overshoots the shorter patience of most investors which is 3 months when looking at the time it took to erase the positive effects of the January news.

Is it going to be different this time?
Will they release CCIP and staking in a useful state and manage to increase the network income quickly?

I AM EXPERIENCING THE EMOTIONS OF FEAR UNCERTAINTY AND DOUBT ABOUT MY INVESTMENT IN CHAINLINK (TICKER: LINK) TOKEN

>>50780907
no public testnet for ccip or staking makes me think they are happy to hide behind extended marketing threads on twitter. this follows basically every crypto marketing pattern
hype
shill
delay release
distract
hype something else
shill
delay
repeat

>>50781028
>feeling feels
you shouldn't feel anything newfag

I also completely forgot about the top 20+ wallets having made preparations to run staking for the validation of Arbitrum.
It seems the EIP 48xx update for ETH is what's missing for this to come online, and that may be why the even has been delayed to after the ETH update.
In this case Chainlink may have managed to find a way to siphon some fees away from ETH and to use it to pay for the staking collateral usage.
Maybe they are just waiting for the merge to switch this.
The fact that the wallet movements happened half a year ago would prove that even the Chainlink team didn't expect the current delay.

They may have genuinely thought they could release staking in April or May.
Did ETH cause this delay? What was the initial date for the ETH 2.0 merge?

When looking at this
https://youtu.be/KSS8Gk5UxE4?t=886
It seems that CCIP was supposed to be released in Q2 of 2022, because the income from it increases by 50%-70% in 2023 in their estimation. This would fit with a release around May and running for 7 months only and the income increasing next year with a full year.
When was the last ETH 2.0 delay announced? Was it around April-May?
Why did Sergey use deprecated and invalid slides for his presentation at Consensus?
If we are lucky we may get CCIP in October.
According to this slide it should have been 30% of the network income this year.
If the income in 2022 was planned to double from 2021 then it should have brought a 30 million income this year for 7 months, or 4 millions per month, which could double the network income.

Sergey made no announcement on this delay to keep his promises hoping to release it before the year ends, and just let the token crash into despair territory after a bullish news.

>>50781044
In that case would the release be in a working state and avoid us years of beta testing?

I think the ETH delay caused the delay in the staking and CCIP release because of the inconsistency of the growth slide with the current state.
Sergey initially planned an earlier release when he made the announcement in January, but everything got delayed once more by ETH.
We are now in despair because he didn't say anything to make it look like everything was going according to plan...
But it doesn't make sense for the staking collateral to be sent to wallets if there was no plan to use it soon after.

>>50777906
Based and cute

I just realized this was chart was smart contract growth and not income growth.
It may not represent correctly the increase in network income and profitability because an increase in high income services would generate more income than an increase in low income fees like NFT random generators.
In that case the CCIP growth could generate more income than what we see on this chart if they have higher fees because of the higher security costs, and higher complexity of the service. But we also don't know their economic model at the moment.

>>50780326
Somebody do the needful and make this happen please

>>50780410
You can tell this pepe is like generic or off brand kek They really aren't sending their best shills its fucking sad

>>50777962
It's not. Chainlink's price action is however brutally, soul-shatteringly suppressed.

We need more corgi nazarov

>>50781355

>>50781355
>The face he makes before getting in yet another Zoom meeting with SWIFT

>>50778431
Yeah man you figured it all out dude. Ignoring everything about the fundamentals…… fucking moron Lmao. You have the game figured out.

>>50777962
>why is chainlink held to such an unreasonably high standard?
Because it's not got any normie-appeal. Therefore, the price is based more on its actual fundamentals compared to meme-coins. Hence,
>staking IS required for price action
>adoption IS required for price actions

>>50781554
This. Anons don’t even understand its unironically a good thing that nobody is talking about LINK yet.

>>50778631
i just realized that one day in the future assets will be valued against link the same way they're valued against btc today. link's price and it's rewards rate will be the unassailable benchmark for all of crypto.

>>50777903
>>50777939
The token has been needed for LITERALLY every single mainnet transaction since May 30, 2019.

>>50777962
This, it's pretty amazing.

>>50779420
>>50781554
>Sergey can't hype his project and it has no normie appeal
Chainlink is hyped and advertised by fucking Swift, Citibank, Bank of America, Associated Press, ...
Don't be retarded.

>>50781554
you realize "staking" is not a fundamental?

thats like saying im going to stake my dirt cookies i made its still worthless

if you have not made a actual chainlink application that actually uses the protocol urself then u have no business saying anything about anything regards to chainlink being a valuable asset and youre going to magically "Stake" your way into wealth
like you would stake a dirt cookie

>>50777906
send it to the team

>>50777906
This. Imagine the heckin snoots wentheyb00p

I just bought 1000 LINK. How did I do?

>>50781907
Link's staking mechanism is a fundamental.
For your "dirt cookie" analogy:
>Node operators: "Yes, I will do your valuable job. However, I only accept payment in dirt cookies, which have a finite supply, and me and my friends (the "stakers") have locked up 90% of the supply."

>>50781902
>Swift

>>50781902
>Citibank

>>50781902
>Bank of America

>>50781902
>Associated Press

>>50781902
I didn't know what Swift was until /biz/'s obsession with Chainlink.
Why should it be different for NPC #2785222201?
I don't see Swift being shown in TV with the exception of when Russia got kicked out of it because of sanctions.
All I see is propaganda.

When you are fighting JP Morgan's price suppression all you have is fundamentals or hype.
If Sam posted a proof of JP Morgan shorting Chainlink for tens of millions of tokens and their liquidation price then we could start a short squeeze, but even then they have infinite capital and did this with metals for decades.
The only advantage would be that they can't print paper tokens for Chainlink like with gold and silver and would finally discover the reason why BTC was created.

Without this all we have is staking creating buying pressure and Nexo in a hole for 8 million tokens already at a loss of a few millions.
Interestingly Nexo may have blocked the withdrawal for their bigger clients in complete silence and indifference because this is not normal:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xffec0067f5a79cff07527f63d83dd5462ccf8ba4#tokenAnalytics

Their withdrawal reserves have been low for days and no big movements.

>>50782108
>>50782115
>>50782123
>>50782128
fucking exactly.
Especially love the last one, it's literally pic related.

>>50782148
So ignore Swift (although let's be honest, "biggest banking network in the world" is as normie friendly as it gets); that still leaves Citibank, Bank of America, Associated Press, Accuweather (which every single American knows), T-Mobile, the Google CEO who fucking made Google, etc. etc. etc.

>>50782182
>the Google CEO who fucking made Google

>>50782182
I would suggest Chainlink to do some videos on Swift and what they represent on their youtube channel and to explain their partnership with them in it.
It could be useful for advertisement.

>>50782204
Somehow I completely forgot Eric Schmidt was their advisor after all the dumps and price suppression.
I don't know how they can change this when I forgot about all the positive news.
JP Morgan is certainly good at manipulating the price of Chainlink.
I can see all those decades of experience at price manipulation being put to use...

>>50777890
>>50777906
hmm you may be onto something OP, and by "something" I mean AI-aided shitposting

>>50782148
>>50782182
Let me break down what SWIFT actually is. It is a payments messaging rail. Every Bank, and every branch of a bank has a specific code that connects the bank and the branch. If you know the Swift code of the bank, this allows you to send a message payment to any other bank in the world and the transaction will settle ~4 hours or so. Assuming the bank is solvent, the user is solvent and the messaging rail is actually functional. If you read in between the lines, you can see how important this is when it comes to automated settlement. Example, person A wants to send money to person B but A is located across an ocean on the other side of the world. As long as B uses a bank within the SWIFT network, the A will be able to send money directly to B in a matter of hours. You can expand on this in terms of business, in terms of bets and hedges on the business etc. Because of Chainlink, this can all be automated, confirmed and also opens up an entirely new ecosystem. Everyone on this planet has access to internet, and contrary to popular belief, even countries like fucking South Sudan and Somalia have an SMS based banking system that allows for customers to pay for goods and services by just inputting a phone number. The internet enabled a lot of things, Ethereum created smart contracts, Chainlink connects the two. And considering there isn’t an Oracle or an Oracle Network that even comes close to a Chainlink I’m fairly certain this is the one opportunity that a lot of folks have to invest in a top to bottom monopolization of data from a p2p, b2b and p2b standpoint. Assuming of course Chainlink does what it is supposed to, and actually be the missing link. But I believe they’ve reached that point and the test run is finished. Reality will set in sometime soon. Probably after the super shemitah.

>>50782108
Do we have a signal that this stopped?
The last time Chainlink went to $9 BTC crashed from 30k to 17k...

We are either going to get another BTC dump soon or the Chainlink price suppression is getting weaker and this accumulation phase may be ending soon.

Why is Sergey not doing anything directly against JP Morgan?
They finally managed to slightly fuck up the Consensys dump efforts, and I think there were more people than Celsius and Nexo involved, but this was a stalemate.

They didn't manage to break the $5.5 support but prevented an early recovery on the staking announcement.
It would be best to wait until we get a signal that Sergey is having some success at fighting them and the price recover to $10. Until this happens there is a risk of another dump.

>>50777890
Most Promising in the sense that they make the most promises? Yes.

>>50777890
Because be it a coincidence or a conspiracy, bitcoin have consistently dumped each time chainlink started to pump for the last two years

>>50782327
It's certainly revolutionary.
I hate sending money through the banking system after doing transfers through ETH in seconds.
It costs money, is very slow, needs a lot of KYC for bigger amounts of money and makes you fear for a failure.
Blockchains would at least improve their transfer speed and reduce their costs, but I am not sure how it would impact the KYC process. Would older banks lose customers over time to the more modern ones which were more crypto friendly?

When is this super shemitah and what happens on that day?
Do we get a final dump or do we get a mega pump?

>>50782012
"This whole system is needlessly complicated, we'll just pay you a monthly fee in dollars like we do for every third party and you push your data onchain. We don't want to involve ourselves in your hare brained ponzi scheme, take it or leave it."

>Modern Jews claim that the period of time from sunset September 6, 2021 through sunset September 25, 2022 is a 'Shemitah year.'

The Chainlink event was moved to 28-29 September.
Does this mean they learned this Jewish scam this year?
Was this the reason to delay the event to start it on a good day and hope to not get BTC cancelled by the banks?
In that case we may not be out of the woods yet and could get another BTC dump.

>>50782148
>they can't print paper tokens for Chainlink

GLINK

>>50782395
/thread
It's hilarious how you don't realize the entire premise of this is retarded, but keep drinking the kool-aid
>muh god protocol
>muh ponzi derivatives
>muh iso20022
>muh Arbitrum release, eerr I meant Nitro
>muh Enterprises!1!
>muh BSN and muh Korean banks11!
>muh deco, mixicles, town crier, fss, vrf, super linear staking, trust minimized technobubble word salads of vaporware empty promises
>muh angel investor sandro salsano
>muh military involvement "municipal marmalade"
>muh cultist Ari Juels
>muh former CTO of White house
>muh million ex FAANG employees
it's so painfully obvious this is a fucking scam

>>50782395
"No problem!
Do you want the most secure service for your industrial contract? In that case we will use the highest quality nodes (with the most staked collateral) to perform your service."
-> Goes to buy 5 million tokens in secret to be that node before announcing the new contract.

>>50782484
I don't know what it's supposed to be but it better use Proof of reserves and I won't buy or accept it in exchange for LINK.

>>50782516
>Proof Of reserves!!!!!111
oh yeah forgot about that lmao
2 more weeks marines

>>50781953
How does $1,000,000 by December 31st sound?

>>50782749
pretty conservative, try $10m

>>50782333
>Do we have a signal that this stopped?
We have a signal that this did not stop.

>>50782395
>>50782493
The complication of staking is entirely on the node operator and/or staking pool end. And it's not complicated at all.
The users on the other hand only benefit from staking, with zero downsides.

You complete and utter morons.

>>50782493
You are really well informed and up to date on the happenings of a project you believe is a scam

>>50782863
hence why my conviction that it's a scam is stronger ;)

>>50782868
No you obviously own Chainlink

>>50782891
I used to, not anymore, I gave up holding it after Smart Con 1 and their "surprise guest attendees" turned out to be a total nothinburger and there's absolutely nothing you can say to convince me otherwise.

>>50782907
Assuming you are telling the truth there is nothing I need to say. I'll continue to hold and become insanely wealthy more than I already am

>>50782960
no no no, don't just hold, keep buying as well kek

>>50782968
I don't need too I bought a metric fuck ton in 2018. I just simply have to do nothing

>>50782204
Until he explicitly talks about chainlink and what he's doing for it this doesn't matter. Advisors are a dime a dozen.

>>50782994
>I just simply have to do nothing and one day I'll wake up only to find out I'm obscenely rich!
keep drinking the kool-aid lmao

>>50783004
>Until he explicitly talks about chainlink
Are you some kind of retard?
Look up the tweet in that pic and listen to the clip.

>>50783018
*More obscenely rich. I fixed that for you. Yes that is how exactly how it happens one day it just started pumping after I bought for literal pennies. That is how you want investments to usually work. They go up over time. Weird.

>>50777903
I can't really place why projects like LINK can't be staked, token just lying dormant in my sylo smart wallet doing nothing. At least I can bake tezos there with a low risk APY whilst storing Dogami, a tezos NFT herein. Coming to the sylo token I have them in liquidity mining pool for over 40% APR
>so LINK has got to place things in the earlier the better.

>>50777903
I can't really place why projects like LINK can't be staked, token just lying dormant in my sylo smart wallet doing nothing. At least I can bake tezos there with a low risk APY whilst storing Dogami, a tezos NFT herein. Coming to the sylo token I have them in liquidity mining pool for over 40% APR
>But yet LINK can't, devs has got to place things in order the earlier the better.

>>50782148
For what it's worth we don't KNOW Nexo was shorting, we know they were at least selling customer's tokens to pay debt like Celsius did

>>50782815
Celsius dumped 2 million tokens on that news.
I don't know how much effect they had on the price, but that effect should have been negated now because they only have 2 million tokens left and declared bankruptcy.

If the effect hasn't stopped yet then we are going to see another BTC dump soon because they can't short the token directly and the CeFi participating have no more liquidity left to dump which would signal the end of this accumulation range.
If this effect doesn't stop for the event in September Chainlink could genuinely go bankrupt after some time or have to strongly reduce their R&D efforts.

There is a time when this will have to stop.
Is this a new form of economic mafia war?
Did SOL get hit because Sam tried to help Sergey?
What is happening in this space and how far are they planning to go in their insanity?

>>50783099
What debt? They are short 2-3 million LINK owned by customers, and we can safely assume they borrowed most of the shorted 5 million LINK on Aave.
To find a culprit you need to see who profits the most.
/biz/ receives constant fud from them because they are that exposed.
The other fund which borrowed 500k immediately closed the loan when the first thread started.

Every entity shorting Chainlink through Aave must constantly monitor /biz/.
The fud a few days ago caused a whale size liquidation pump.

Nexo has 520k LINK on this wallet (from Binance buyback and Fantom bridge) it's using for withdrawals:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xb60c61dbb7456f024f9338c739b02be68e3f545c

It lost 130k in 3 days last week and then only 26k 2 days ago.
Why did the withdrawals decrease?
There was a post from otteroo about customers complaining on frozen withdrawals some time ago.
Did Nexo freeze the withdrawals for their bigger customers or are they delaying withdrawals?

There has been no big movement on the Celsius wallet since 20 days.
https://etherscan.io/address/0x41318419cfa25396b47a94896ffa2c77c6434040#tokentxns
It still has 2.2 million LINK tokens and received 1.6 million CEL tokens 3 days ago.

This would signal the accumulation phase is ending with no more forced seller.
The low price on the 26th July could be a spring for an accumulation with no more sellers.

>>50783182
It’s up to Chainlink to defeat them but they refuse. Release some goddamn news or product and this all ends. The longer Sergey waits, the more it looks like he’s in on it

>>50783383
Every news is getting suppressed.
The only thing which could change this is a greater change in the token economics or a big feature.
Or the manipulation being publicly exposed and the one doing it getting negative attention.

Big exchanges must know who is doing this.
There must be a way to leak this information.

>>50783383
Releasing news would just trigger a dump.
Only the full tokenomics of staking will end the suppression

>>50783383
also, I'm sure Sergey is aware of all this, but he's not 'in on it', IMO. His incentive is for the price to rise

>>50783359
Have celsius moved any tokens or coins at all since their chapter 11?

>>50783383
From my earlier posts >>50781105 >>50781190 it seems that the CCIP and staking releases got delayed probably by the ETH 2.0 delay.
This is also responsible in some way for the delay of the SmartCon.

The delay caused ETH to dump with the staking issues of CeFi and take down the rest with it, the announcement of it happening earlier than expected cause the ETH rally we just experienced.
Chainlink depends on this too and should see some form of rally now that the delay is ending.

The fact that we didn't see the same rally yet means that investors expect the releases to take longer than the ETH merge or that they don't understand the implications for Chainlink.

However we should be close to the end of the accumulation phase if nothing happens.
BNB may show the way for other altcoins.

The only unknown is how the stock market will move now that it's close to a resistance.
BTC has been lagging behind the stock market lately and needs to catch up to the last quick movement.

>>50783507
I didn't check them lately but they haven't moved tokens to FTX for more than 20 days:
https://etherscan.io/address/0xfdc8eb4815e58152c956c367323b5e08d29f0438
https://etherscan.io/address/0x76a05277b81b9ca6c06c9ab4136116fc53e9c9e1#tokentxns

Seems like they won't do anything until the customers start the recovery process for their funds.
For those who had Chainlink on the platform it would be better to ask the return in the original token instead of $, as this would cause them to buy back and make other users pay for the difference since they sold.
I don't know when this process will start but I expect it to take a few months and may happen after the change in token economics and Smartcon.

There haven't been any notable movement by CeFi for weeks outside of Nexo getting desperate from customer withdrawals and likely freezing some customer withdrawals.

>>50783483
So we have to wait staking 1.0 for suppression to stop? I’m not holding this piece of shit for that long.

>>50783657
You are not holding anything since you shorted the token.

What moves the price is not only the full release but its expectations and a change in token economics.
V0.1 of staking will do that as it will show a real use of staking and make investors reconsider the token economics.

Ever wonder where the "Sergey Betray" spam came from? It's actually from the betrayers themselves.
>the jew cries out in pain as he strikes you

>>50783383
What makes you think "releasing news" will do anything to the price of the Link token under these macroeconomic circumstances? Most of you are absolutely retarded.

>>50777890
https://ercwl.medium.com/whats-wrong-with-the-chainlink-2-0-whitepaper-for-simpletons-d50f27049464

>>50782375
Chainlink has a few privacy enabling features, allowing for your personal information not to be used against you. Anon, Older banks are the more modern one, just wrapped in a new fancy name and logo to attract the growing youth population. And you also won’t believe the day the Super Shemitah ends.

>>50785335
That's true but if you want to trade link/btc and link/eth there will be opportunities in the coming months.

>>50782375
My theory is end of September you will see every type of market crash like 2008, possibly worse. As this is happening you will see LINK shoot to $1000 a LINK nobody will be focused on it as everything around is crashing or they won’t want to buy the “hurr durr crypto ponzi”.

>>50783681
Delusion. Staking 0.1 pumps us maybe 40-50%, which immediately gets sold off

>>50781891
The problem is that holding the token doesn't change the price action because it hasn't been monetised yet, when the token is monetised it will increase demand as the supply dries up.

At the moment there is too much liquidity because there is no current incentive to hold.

>>50786536
How is the current situation different from Bitcoin?

>>50780326
Break The Chain (TM)
t. professional adman

>>50777890
>So we all know that Chainlink is by far the most promising project in the crypto space.
That's arguable. I'd pick ORE network over it.

>>50777908
At least, you admit that there will be some profits.

>>50780326
Next-Gen Corginazation (TM)

>>50781682
That is more likely to happen with crypto bring all blockchains all to a single point of access.

>>50777890
>we want the tiktok audience
what the fuck is this tranny zoomer shit? first the big mac pinned tweet and now this?? what the fuckkkk??? eric schmidt advising and millions dumped every week, supposedly the most professional team and hundreds of FANG tier marketing hires and this is the best marketing they can do? what's this amateur hour nail salon clown garbage??? patrcik has to go, fire his clown ass

>>50786555
Because they are completely different things with different uses, histories and market caps. Bitcoin exists solely based on historic nostalgia as the first of its kind, it is a store of value and nothing more.

If the potential for Bitcoin is a currency then the potential for Chainlink is the entire financial system. This isn't something that happens overnight but when the engines are finally turned on there will be no return trips.

>most promising
How do you not recognize the echo

>>50777890
Could we reach 10k per link

>>50785428
It ends the day before SmartCon... You got to be fucking kidding me. We live in a jewish simulation

>>50777890
Indeed, it is among the most promising projects. Same goes for any project facilitating interoperability considering the number of blockchains we've got and the number keeps rising.

>>50785335
You’re retarded, 100%. The day staking or ccip releases these shorts get obliterated and their market sells roll right into huge market buys. Liquidity will shrink and it will become impossible to move like it has. Don’t be retarded, it’s simple. The team has all the power but none of the balls

>>50787247
>>50785428
>And you also won’t believe the day the Super Shemitah ends.
I just googled this because I had no idea what it was before reading this post.
This is actually quite significant.
Thanks for making me aware of this.

>>50787247
>It ends the day before SmartCon.

I thought Shemitah was over the 26th and Smart Con is the 28th either its maybe one extra day the (((coincidence))) is ridiculous

>>50777906
How do I buy these Corgi Nazarovs

>>50787103
>forst of its kind
What about all the other coins that do exactly what Bitcoin does?

>>50787307
Yeah man, the mythological big pump day that only exists in your head. Looking forward to seeing this released and absolutely nothing happenning other than you and all the faggot shills moving the goalposts.

>broooooo we always told you this was a fifteen year old.
>just put your entire life on hold broooo, muhhhh amazon

After five years, gross revenues:

Amazon: $2.7Billion
Chainlink: $0. Just a big mac tweet

>>50787826
You answered your own question, what about them?
99% of them are completely irrelevant because they're all in the shadow of BTC and unless something major happens and they prove they have more potential they'll probably continue to be irrelevant.

>>50777890
Staking will be released in the next 24 hours. Screencap this

wen moon

Sergey needs to hire more women for his HR department and then step up his diversity quotas by hiring more black talent

>>50789122
no they need charles and emin to appear at smartcon. vitalik too but he is less important than emin and charles

>>50789122
The whole industry is suffering from an acute shortage of black and female participation.
How can Chain Link (Ticker: LINK) say it’s chock full of top talent when it hasn’t absorbed all this readily available top talent?

>>50788285
ORE is next in line to the moon

>>50788235
99% is an exaggeration.

>>50777932
I'll hold your bottom properly

>>50786840
Get an ID at Open Right Exchange. Simple as that

>>50782749
>>50782760
Based thanks

So far feeling good about the purchase, up like $500 so far

>>50785369
>>50785369
>>50785369
reminder to newfags to read this
>>50785369
>>50785369
>>50785369

>>50790137
>reading some twitter clown attempt to string together random words to form coherent sentences
pass.

>>50790137
Eric has walked back his Chainlink criticisms. He's a lot less of a contrarian retard than he used to be, although he does waste a lot of time still going after BTC maxis.

>>50790137
>Fails to get traction and clicks
>Spams a reminder
Classic Eric.

>>50777906
Do it
Check'em

>>50789450
The fuck you mean by this? You have a line for this in your basement cause every ounce of your choice sound dumb.

>>50780326
>>50781262
developer here, working on a token.

>>50790530
We are lucky to be in the presence of a pajeet not so often do we get this lucky.

>>50790796
I don't want a faggy token I want a Corgi Nazarov meme kill yourself

>>50790836
it's going to tax you unless you own chainlink

>>50790828
Says the clown who still lives in his mama's basement, any sane fag knows with QNT pumping and making an entrance into TOP 40 it's only logical to be betting on Alliance Block now especially now that the Fundrs product is live.

>>50790968
What does the growth of QNT has to do with Alliance Block, your bullshit doesn't add up fag.

>>50791198
You came late to the party anon, since you are just coming onboard they are both partners asides from having goals of onboarding TradFi into the DeFi space.

>>50790968
your the man clown!

>>50787861
elegantly put

Kleros is releasing a superior CCIP before Chainlink.
https://twitter.com/JayBuidl/status/1551653911932637187
Linkies are so screwed

>>50792113
>No governance, no tokens/liquidity
so token not needed and useless feature without the minimum functionality of a bridge?

>>50792327
>tokens/liquidity
enjoy getting hacked
>governance
not needed + enjoy getting hacked (malicious proposals)

Chainlink can only handle 'dumb data' like price and weather data that no one cares about or needs, meanwhile Kleros handles complex disputes requiring human intelligence and input. Arbitration is a trillion dollar industry. How much is the "copying-pasting data from somewhere else" industry worth?
Kleros > Chainlink

>>50792593
buy the timo harings token? lol

>>50792593
Bridges are getting hacked because they have real value.
If there is nothing to hack from Kleros then it's because it's worthless even to hackers.

Chainlink handles what it was meant to handle.
Industrial grade automatized contract input and outputs.
Smart contracts are meant to replace human based trust and shitty lawyer systems for counter party risk with an instant execution system with no human disturbance.
The moment you submit the contract you know what will happen.

Kleros is the same shitty human based system smart contracts were meant to free us from.
Shitty NEETs with no knowledge of justice, politics and its implications who can be easily bribed.
Kleros represents what smart contracts were meant to free us from.
The boomer world deprecated world of promises with nothing to back them.

Also the daily just went below 50 rsi.
Now is a good time to open a short on Kleros.

>>50792593
SERRRRRRRRRRR KLEROSSSSSSSSSS SERRRRRRRRR DON'T REDEEEM DO NOT CLOSE THE BROWSER WE ARE IN COURTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT SERRRRRRRRRRRRRRRRRRRRRRRRRR MY BARSTARDDDDD

>>50792983
kek

>>50790274
>Eric has walked back his Chainlink criticisms
sauce?

>>50777906
Kek

>>50793576
test

>>50792593
Courts and arbitration are defective because honest people don’t pursue fake claims.
Truth > Arbitration
Chainlink > Kleros

>>50792729
>year 2033
>court: node curation
>subcourt: chainlink_nodecourt
>evidnence_time: 0.01 sec
>vote_time:0.01 sec
>appeal_time: 0.01 sec
>min_stake: 10,000 pnk
>active jurors: 9,859
kleros is the ultimate form of hybrid smart contract. all the truth and trust minimization blogposts by CL are actually about the gay pink koin. The future will run by cyborg pajeets.

>>50787231
Youre thinking too small.

>>50781105
>When was the last ETH 2.0 delay announced? Was it around April-May?
i remember back in fall of 2021, the ETH team shilled hard for "early spring" merge release

>>50777890
>So we all know that Chainlink is by far the most promising project in the crypto space.
Linkies have sucked on more red dildos than any other fag on this board. I would rather buy MATIC, eGLD and SYLO as they're favorites to make a run. Sylo made over 24% movement upward anon

>>50777908
[Same tag ID here / replying to myself]
Jokes aside, I have 19k LPL and 4.5k Link. Never selling

>>50777906
Based rebranding

>>50788235
>what about them?
You said Bitcoin has value because it's the first of its kind, so how do all the other coins that do exactly what Bitcoin does gain value even though they're not the first of their kind?

>>50787861
>>50791633
Tell me, dear faggots, how would a decentralized protocol gain revenue?

>>50796326
Tell me, dear midwit, if Chainlink is so great, why has it failed to gain revenue and capture value?
checkmate stinker

>>50791633
>>50796354
>8 hours between posts
holy fucking kek my sides

>>50796389
I post 24/7, does that make you seethe?

>>50796411
how could I seeth when I cant stop laughing you sad fuck kek

>>50796420
I'm very happy my posts amuse you

>>50790530
DYOR on ORE and see how dumb you sound.

>>50796354
>why has it failed to gain revenue
Tell me, dear faggot, how would a decentralized protocol gain revenue?

>capture value
How does Bitcoin capture value?

>>50798001
first things first, "decentralization" is a huge fucking meme that doesn't exist
>inb4 chainlank is decentralized!
it's not, eat shit
>How does Bitcoin capture value?
speculation and manipulation by market makers
eat shit again

>>50798046
>first things first, "decentralization" is a huge fucking meme that doesn't exist
You did it anon, you fudded Chainlink.
And all it took was to fud all of crypto.

>speculation and manipulation by market makers
You did it anon, you fudded Chainlink.
And all it took was to fud the very concept of speculation.

Congrats!

>>50798064
well duh, Chainlink is a leveraged bet on the entire industry's success, midwit ;')
so no rebuttal? gotcha

>>50798084
It's so strange to focus your efforts on Chainlink when you hate all of crypto and indeed the very concept of speculation itself.

>>50798135
this is a chainlink thread, should I post this on a /smg/?

>>50798188
>hate all of crypto
>hate the very notion of speculation
>open Chainlink threads on a forum about crypto and speculation in general

>>50798202
>hate all of crypto
wrong
>hate the very notion of speculation
wrong again lol
>open Chainlink threads on a forum about crypto and speculation in general
I used to hold your trash, that's why kek>>50782493
next time, please refrain from engaging in rampant projection kek

>>50798216
you:
>"decentralization" is a huge fucking meme that doesn't exist
also you:
>I don't hate crypto

you:
>Bitcoin only has value through speculation and manipulation
also you:
>I don't hate speculation

>>50798241
yes, I can acknowledge the fact that decentralization is a pipe dream and keep speculating on crypto lol
>hurr black and white
kek, you're not the sharpest tool in the shed, are you?

>>50798267
>I can acknowledge the fact that decentralization is a pipe dream and keep speculating on crypto lol
Then why hate on Chainlink if it's the exact same as everything else in this regard?

>>50798307
because this is the only crypto that it's community pretends it's not an actual shitcoin, but le god protocol
it's just another shitcoin to speculate on bro

>>50798316
>because this is the only crypto that it's community pretends it's not an actual shitcoin
Every single crypto "community" pretends their coin is not an actual shitcoin.

>>50798331
well, I've only been part of this community so excuse my limited knowledge, yer mighty crypto guru

>>50778013
Seeing LINK, KDA, and SCRT on Binance top gainers today made cum so hard. I hope they attain double figures ASAP.

>>50780363
You are not cursed. Maybe you are just a retard that's too afraid to make life-changing decisions. You can never go wrong with ETH but other low caps like SCRT is also good alternatives due to its growing reputation as the defender of privacy in web3. Have fun being a retarded bag holder.

>>50782333
checked
larry fink sold 8% of his stock
this is a signal the broader market is about to crash
historically LINK dumps the hardest, maybe this time will be different (unironically, with merge, smartcon, and end of shmitvah)
>Why is Sergey not doing anything directly against JP Morgan?
why bother?
no need to be hostile when in 10 years they will be a nobody compared to LINK

>>50798657
aaah yes, the classic, "hold on for 10 more years"

>>50798671
no, hold forever
passive income in a finite supply asset whose demand will only increase is not something I will sell
i have a job, I will buy more LINK until I feel it isn't cheap
then I will focus on assets I think are cheap.
I have my personal list, if any of these assets offer passive income its likely I wont sell any
maybe a bit if I feel they are over priced
at this point LINK is certainly not expensive.

>>50799219
>hold forever
>passive income
>drink the kool-aid: the post