/biz/ - Business & Finance

Users of chainlink price feeds has cratered. Even CCIP wouldnt cause a significant pump right now. Like 80% of the crypto userbase left after they couldnt make money from flipping nfts to each other. Theres actually very few DAPPS for how long crypto has existed, at best you have some yield farming ponzi shit or leverage trading, but this is just more of the same classic crypto bullshit.
No useful dapps or enterprise adoption, it has failed to find a way to actually improve or streamline anything in the real world. 99% of crypto is just a vaporware scam grift.

>>52813208
Staking = financial cuckoldry

The fact that even OGs staked most of their stack is the ultimate proof that most of them are colossal midwits. Imagine unironically being proud of 4% APY while Sergey isn't fucking staking lol

>>52813208
Staking was a bad idea, it increases token inflation in a bear market. Link will hit 2$ before next bullrun

token not needed

>>52813208
Is Sergey paying the 4% by manually depositing foundation link into their wallets?

>>52813208
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 bios. 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.

>>52813208
token not sneeded

>>52813346
>Sergey has to dump another 750k LINK to hire talent managers
this but unironically, CL is a huge vaporware bluff. Imagine unironically falling for their meme buzzwords

>>52813208
LINK is a great project but there is no more hype. Crypto is about hype.
I had link...i had RSR...they are both great companies, but there is no hype

I abandoned them for newer projects that can generate hype. I could name a few but I wont. Just DYOR

>>52813208
the tape is being painted. this isn't exclusive to link - most of crypto is tape painted manipulated bullshit. there's ~500M link out there and with ~23M locked up there's still plenty - though less - liquidity available. however, any potential upwards moves will be sharper since supply is locked up.

of course the price is shit the markets bottomed and no new capital is coming in.

>>52813379
memecoins like Doge will always outperform cryptos that are too focused on the "tech" or whatever that means. Link simply has no hype and the memes are only posted and understood on 4channel therefore the price will never pump

In the end this is a clown market and having a portion of normie friendly coins is always a good idea

what does link even do? ive seen it around ages and don't see it

>>52813208
>should i like, accumulate even more link
no, you should have, like, sold Link for Eth in 2020. Or for BTC/Fiat in 2021

>capped at 25M LINK
>half of that reserved for long-time holders
>the other half for whale bots
it's not the real staking.

>>52814104
When I see coins like LINK, ROSE, ICP, or whatever else, I imagine they conjured a hypothetical scenario, "What if x number of parties needed to perform y", and then they build an L1 to solve it. Then they take that foundation and build more random shite on top of it to solve more hypothetical problems which said parties may encounter - should such parties ever exist to actually convene on the L1 in the first place.

This is why I only hold BTC, XMR and a dog bat.