/biz/ - Business & Finance

The usual discord nufudders are actually a lower form of life than unpaid internet janitors:
>constantly making 50+ pbtid fudding in discussion threads over 10+ hours whenever they're up
>the rest of the time they seem to be seething, samefagging, and monitoring in up to 6 fud threads at any one time during their "rush hour"
>sometimes when they're really upset because no one takes them seriously, they'll spam the board with nikado avacado's asshole threads
>they have been doing this possibly since 2021, when a lot of them bought the top and never recovered
>others lost their stacks on bancor and celsius
>some even think that they're "fighting the wef" by posting on here - yes they're that retarded
>lets be generous with the math and say that they've only done this for five days a week (including holidays) for one year (50x52=2600 hours spent doing this maybe, not including the time they've spent making low quality memes and looking at pictures of the best cock cages to use)
>all over an apparently shitty and unimportant crypto
>on a board that doesn't even affect the prices
>all for FREE

>>54441544
>Imagine the smell of this lonkie patrolling the board 24/7 and posting this shit

>>54441536
Nothing. It's all going according to plan. Sergey is getting ready to stop subsidising the DONs that are now integral to the functioning of the entire ecosystem as we know it. It's about to become as profitable as Ethereum. We will see $267 per LINK within the next 12 ~ 18 months, and it will only grow from there.

>>54441563
>ill just cope by saying a popular pasta used to shut down fudcucks must all be posted by the same person!

Nope. I do it too.

The usual discord nufudders are actually a lower form of life than unpaid internet janitors:
>constantly making 50+ pbtid fudding in discussion threads over 10+ hours whenever they're up
>the rest of the time they seem to be seething, samefagging, and monitoring in up to 6 fud threads at any one time during their "rush hour"
>sometimes when they're really upset because no one takes them seriously, they'll spam the board with nikado avacado's asshole threads
>they have been doing this possibly since 2021, when a lot of them bought the top and never recovered
>others lost their stacks on bancor and celsius
>some even think that they're "fighting the wef" by posting on here - yes they're that retarded
>lets be generous with the math and say that they've only done this for five days a week (including holidays) for one year (50x52=2600 hours spent doing this maybe, not including the time they've spent making low quality memes and looking at pictures of the best cock cages to use)
>all over an apparently shitty and unimportant crypto
>on a board that doesn't even affect the prices
>all for FREE

>>54441571
where tha fuck does 267 per link come from

The usual discord nufudders are actually a lower form of life than unpaid internet janitors:
>constantly making 50+ pbtid fudding in discussion threads over 10+ hours whenever they're up
>the rest of the time they seem to be seething, samefagging, and monitoring in up to 6 fud threads at any one time during their "rush hour"
>sometimes when they're really upset because no one takes them seriously, they'll spam the board with nikado avacado's asshole threads
>they have been doing this possibly since 2021, when a lot of them bought the top and never recovered
>others lost their stacks on bancor and celsius
>some even think that they're "fighting the wef" by posting on here - yes they're that retarded
>lets be generous with the math and say that they've only done this for five days a week (including holidays) for one year (50x52=2600 hours spent doing this maybe, not including the time they've spent making low quality memes and looking at pictures of the best cock cages to use)
>all over an apparently shitty and unimportant crypto
>on a board that doesn't even affect the prices
>all for FREE

>>54441592
It's over
>>54439237
As soon as Sergay won't find his big macs he will instantly market dump 9 billions chainlinks

>>54441536
Bro they’ll make movies about us one day how we fucking held the future of the Internet itself all the way to ridiculous evaluations lmao

>>54441594
It's in AUD, so I can see why it might be confusing. It's a rough estimate based on the assumption of LINK reaching ETHs current marketcap. Eth circulating supply is roughly 1/10th of LINK. So ETH at 2670 / 10 = LINK at $267.

This is a very rough generalisation though. If you do it by marketcap (rounding off 10 Billion / 300 Million = 33.3*). So current LINK price x 33.3 = ~ $330 per LINK. While LINK is blockchain agnostic, it's likely a significant portion of the oracles will continue to utilise Eth nodes. I know a lot of DONs utilising LINK are on other chains (Solana, NEAR, FTM, etc, etc) - But I think the majority are utilising the Eth network still. In the long run this is likely to change, but for the next decade at least I think once subsidies by Chainlink for the functioning of the DONs ends LINK and Eth will remain intertwined, with LINK constantly being around 1/10th of the Eth price until Eth either a) loses a monopoly as the predominant L1 chain for smart contracts or b) Eth continues to make significant developments and resolves its issue of gas congestion (ie. Via sharding or some other unique solution) and therefore remains relevant - I think Scenario b is unlikely though and competing chains like AVAX, SOL, NEAR, etc take larger and larger shares of the network with LINK being integral for each L1s functioning and continued coexistence.

That's just my opinion though. I haven't kept up to date on this scene for a few years now.

>>54441594
When they added the second moon, the one meant to be a gift like the Statue of Liberty or the statue of Christ in Rio de Janeiro or the Eiffel Tower I got a little spooked. I know it was supposed to bring humanity a sense of peace and tranquility but I just don't know why it needs to be there.

Choinlonk threads become always such a shizo parade, LMAO

>>54441974
How old are you? No really, I'm curious to know. I'm 31 years old and have spent the last eleven years working in the technology industry. I've worked as a Systems Administrator, a Systems Engineer, and now I've pivoted to DevOps. I understand technology and have followed Blockchain in spurts here and there as a hobby, just for fun. It's been clear to me for years now that LINK is the most impressive project to come out of this dot-com style bubble since Ethereum. When I see you posting things like "choinlonk" it just makes me think you're some sixteen year old edgelord that hasn't grown out of the joy of trolling yet.

Is this the case? I try to avoid /biz/ because people like you are clearly idiots. But once in a while - very rarely - someone worth speaking with enters the chat.

>>54442078
retarded nigger

>>54441939
send me a youtube video about this second moon

>>54441895
why would you assume chainlink gets to eth's marketcap in the next 2 years, if ever? extrapolating from the very fair assessment that eth is at its current mcap because of the various means by which it disincentivizes selling (gas costs, cdps, lending, validator lockup, burns/reduced emissions etc), you must consider that chainlink will have to offer a similarly attractive suite of token lockup incentives to reach the same mcap as eth. given the state of earnings of non-kyc node operators (0), the number of SLA's requiring collateral (0), the publicly available information about how ccip works (0), and information regarding how well sergey's "no more subsidies" plan is going (0), it's hard not to call your price estimate a complete fantasy. would you mind explaining why you believe chainlink will ~30x in less than two years given that none of the incentives that would lead to lrice appreciation are in place or even publicly announced?

>>54441536
Everything went as expected

>>54442467
Sure, it's pretty straightforward. The token lockup incentive is staking. Staking provides Chainlink ecosystem participants with the opportunity to earn rewards for increasing the security guarantees and user assurances of oracle services by backing them with staked LINK. The Chainlink staking model is unique because it’s designed to protect against an extremely broad class of well-capitalized adversaries, as well as achieve a super-linear staking impact - a mechanism where malicious actors are required to have a budget significantly larger than the combined deposits of all nodes within a DON, creating increasingly greater security guarantees for high-value smart contract applications in a cost-efficient manner.

Chainlink has enabled more than $7T in value, delivered 7.4B+ data points, onboarded 900+ decentralized oracle networks, launched on 15+ blockchains and serviced 1,700+ Web3 projects. The Chainlink ecosystem currently accesses over 1B data points, securing over $75B in value through 1,000 project integrations with 700 oracle networks. (Ref: https://blog.chain.link/the-chainlink-network-in-2023/))

All of this value is currently being subsidised by LINK holders. It wont be subsidised for every (ie. Sergey betray dumps will end). A 33x is worst case scenario, it will likely be more.

>>54441594
He made it the fuck up. Incidentally, he also happens to be correct. Any further questions?

>>54442546
7t in network value and yet it is still worth $7, what changes about this equation in the future?

Why the fucking fuck can I post this restarted useless post but my last thoughtful fucking question was regarded as fucking spam. Fuck this retard place

>>54442788
>what changes about this equation in the future?

> It wont be subsidised for ever (ie. Sergey betray dumps will end). A 33x is worst case scenario, it will likely be more.

Put it together you fucking brainlet

>>54442835
sergay hasn't dumped in a fucking year dude. price isn't down because of sergay dumps

Is buying link at 7 dollars in 2023 really like buying eth at 5 dollars in 2015 or is this just more ripple delusion

>>54443009
It’s like buying eth at $80

>>54443009
It’s unironically similar, but different

>>54442835
you really have no answer to this?
>>54442957

>>54443208
He hasn't dumped on binance but the smartcontract that subsidizes the DONs is still live so you could say the dumps are still going on

>>54442957
The have been subsidised the entire time regardless of whether Sergey has betrayed recently.

>>54441536
Linkies thought they were outsmarting the market.

Turns out they were holding a premined 2017 cuckold token while Sergey got incredibly rich dumping on them

>>54441536
bump

>>54443009
Yes.

>>54441621
>>/biz/?task=search2&ghost=&search_text=The+usual+discord+nufudders&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post
the sad part is it's not even a good pasta to begin with

it's just bagholders unable to admit that their investment sucks. happens all the time

>>54441571
Why the hell you value token for +200$? It is not the token to get more value. Data is the key, not token. Don’t you fucking get it?

>>54448077
The token secures the network and thus needs to be valued highly enough to properly back the (vast) monetary value of data being through-putted.

>>54441536
nothing

>>54448422
>The token secures the network
does that mean the security dropped over 90% from ATH?

>>54448466
The network is currently working entirely differently to how it will eventually work. You can learn more by reading the Whitepaper. I assume you can read and aren't a nigger with a low IQ, of course.

>>54448630
>currently working entirely differently to how it will eventually work
so the token is, currently, not needed?

>>54441895
I remember I would read crap like this a few years ago and think man these guys on biz are really onto something. And then you get a few years older, and a little wiser and you realize it’s all bullshit. Using a lot of words to appear smart. Essentially a confidence scam. It makes sense that you mentioned you haven’t kept up with the scene, using shill language from years ago.

>>54441544
Checked. It's literally the samefag TG trannies from Linkpool Outcasts. A bunch of bitter losers who fell for scam after scam despite every anon on /biz/ telling them not to.

>>54442078
Intelligent aryan man

>>54448773
Imagine how high the price would shoot up if it were suddenly to become very much needed

>>54449117
following that anons logic it's been 6 years of not needed, i wouldn't get my hopes up

>>54442467
It wont. Chainlink reaching ETHs market was an extremely wrong assumption by biz, who had considered it a foregone conclusion 2018-20. Now, instead of admitting things haven’t happened the way they predicted, they have moved the goal post to say it was always a 10 year investment or more. By that posters own admittance, he has not followed the space in years, which is why he is still saying things like that.

You see this very commonly w crypto, which, by its very nature is littered with the most amateur and unsophisticated investorsz Given that an inexperience, there are countless examples of people becoming emotionally attached to their coin of choice. There are still people from two cycles ago waiting for IOTA to moon for example. After all, they have so many “partnerships” right?

In the next bull run, there will still be a group here posting value secured graphs and warning of imminent coin appreciation, based on “x” event. And consistent with years prior, none of supposed “value” will flow to the coin. Sadly, it will take a lot of you two missed bull cycles to realize.

>>54443009
No, it's like buying Eth under $100 in 2020

>>54449480
I think it's actually like buying NANO at $5, it just feels like a massive steal

>>54449569
they should really work on their wording, it sounds chainlink is stealing investor money

>>54449165
>There are still people from two cycles ago waiting for IOTA to moon for example. After all, they have so many “partnerships” right?

The difference between things like IOTA is that there still hasn't been a defi summer for oracles yet.
We're moving closer and closer to a world where cryptocurrencies are worthless and blockchain is becoming part of everyday finance.
In that world, oracles are the most important part because you can't have smart contracts and CBDCs in a vacuum not being fed with real world information.

All these niche cryptocurrencies were always bound to fail because there are too many points of failure.
Chainlink is one of the only projects working toward the future where blockchain is used in finance.
Even BTC has shifted away from the cryptocurrency use and has become a decentralized store of value as a way to try to adapt.

Everyone needs to get realistic with themselves when it comes to their bags.
While Link seems to be working toward a more realistic future that involves blockchains being fed by oracles, there's still no guarantee that they'll be relevant in 5 years, let alone 10.
I still think it's the best bet though because no matter what the adoption is, there's probably going to be another big speculative crypto pump when the Fed turns on the gib spigot in an attempt to save the failing banking sector.
That's when we'll have to decide whether to sell or double down on the future of oracles.

>>54449631
>there still hasn't been a defi summer for oracles yet.
anon that happened almost 3 years ago, where have you been? even band briefly outperformed chainlink back then lol

>>54448902
>>54449165
It's really transparent that you're a fucking Jewish piece of shit. LINK has already been outperforming the market since staking began in December, just as it was predicted.

>>54449904
kek is this bait?

>>54449996
Found another jew

>>54450230
shalom rabbi, would you mind explaining in what universe has LINK already been outperforming the market since staking began in December?
cause in the current timeline, it's like -40% against BTC since December 6th lmao

>>54442546
This is a stake demon.

Dysgenic freaks who succumb to staking and token-lock addictions become demons.
They always think they are winning no matter what happens.
As long as they're being stimulated according to the pattern that allows them to receive their yearly circle jerk rewards nothing else matters to them.
There is no incentive for them to logically analyze anything, least of all themselves.
They can always just retreat back into their autism and receive the greatest false hopium they know and all else can be forgotten.
Staking on demand accompanied by rewards hopium, the most common forms of hyperstimulus, have deleted the souls of the majority of the link bagholders.
Staking is the jew's greatest weapon and its casualties are piling up and choking out real humanity.
We have to impale them all.

>>54442546
Tu es cuckold
Tu es dans une secte
Vous avez investi dans une chaîne de Ponzi
Vous perdez de l'argent
Vous glorifiez un gros escroc russe appelé Sergey
Vous êtes un incel

>>54448029
Lmao the tranny seething

>>54451886
check the charts, quick!

>>54451856
bonjour

>>54452107
I remember when stinkies were hyping staking in december as a major turning point

>>54442078
Based midwit

>>54452153
bonne soirée you uncultured swine
>>/biz/?task=search2&ghost=&search_text=&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=1680097094987317.jpg&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post

>>54452153
now post the collage of you posting the collage so everyone can see how you're a no life loser

dr;ns

>>54442078
>How old are you? No really, I'm curious to know. I'm 31 years old and have spent the last eleven years working in the technology industry. I've worked as a Systems Administrator, a Systems Engineer, and now I've pivoted to DevOps. I understand technology and have followed Blockchain in spurts here and there as a hobby, just for fun. It's been clear to me for years now that LINK is the most impressive project to come out of this dot-com style bubble since Ethereum. When I see you posting things like "choinlonk" it just makes me think you're some sixteen year old edgelord that hasn't grown out of the joy of trolling yet.

>Is this the case? I try to avoid /biz/ because people like you are clearly idiots. But once in a while - very rarely - someone worth speaking with enters the chat.

>>54442078
choinlonk