/biz/ - Business & Finance

One little fuddie coping in this thread,
One sold off as his folio bled.
Projects stated paying then Sergey said:
“No more fuddies coping in this thread”

>>54546358
Yes it's retarded. But the old biz with critical thinking is dead. All paid community shills now

>>54546358
it's true. We still have the staking model as last hope though. Sergey needs the nodes to stake to assure the banks with collateral, and for that LINK needs to be worth something as collateral

so it's in his interest to make token needed... eventually...

>>54546358
> still only 1 billion link
I dont focus on what proportion of circulating supply I own for any coin
i focus on how much of the total supply i own

>>54546369
https://www.youtube.com/watch?v=_inUax_RTUo&ab_channel=BasedTubeKids

>>54546470
Grim

>Whitepaper and other documents explain in detail that the network will be subsidies by the premined tokens so as to bootstrap the network and get it up and running
>This is tacitly explained in the ICO documents
>They have been nothing but up front about this and their plans to get the network to a state in which all Link tokens are in circulation with the vast majority being staked thus leading to a virtuous cycle of non-inflationary incentives for node operators
>This is beginning to happen this year with staking .1 and the recent 'switch flip'.
>Fuddies think they have found some le epic secret
>turns out they're either simply too ignorant to understand what has been happening the entire time or being purposefully dishonest so as to obfuscate the truth and turn people away from Link.

This has been known forever. It's a fantastic strategy which has worked. In that time Link has made me a lot of money, and now that they are implementing economics 2.0 I am excited for more spectacular gains.

>>54546592
the whitepaper also explained staking which was then scrapped and completely revamped in WP 2.0, whitepapers literally mean nothing Sergay wipes his ass on them

>>54546608
>scrapped and completely revamped
Made better. The White paper was written by the world's leading experts on cryptography and other assorted highly stable geniuses. What was the last thing you wrote? Have you ever done anything ever? You have a lot of complaints but no solutions. Chainlink is changing the world. Face it, tranny, you lost.

>>54546470
yeah. it's been six years where they did not releasethe one thing that makes the system work, it's about time they got off their asses and stop spending investor money on frivolous garbage

>>54546640
yeah made better for his company but not for us neets who bought the token. Superlinear staking significantly decreased the projected value of the token

I hold more LINK than you will ever have so shut your filthy mouth you retarded shill. At this point LINK is one of my worst performing bags since 2021, to the point where it used to be 95% of my holdings and it is now less than 40% of my holdings.

It will go up a bit but I am not deluded about being betrayed. Fucked in the head, sheep-like retarded shills like you have made the holding experience that much more unpleasant, I loathe being categorized with scum like you. If you even hold LINK that is, and aren't just a shill paid pennies.

>>54546655
>I hold more LINK than you will ever have so shut your filthy mouth you retarded shill. At this point LINK is one of my worst performing bags since 2021, to the point where it used to be 95% of my holdings and it is now less than 40% of my holdings.
You're more than welcome to sell.
Superlinear staking was necesarry. The amount of data which is going to pass through the system requires it. Previously the amount of money required to secure it would have been off-putting to say the least, impossible is a more accurate assessment. Link is going to be worth more now.
Again, you sound demoralised, anon. Just sell. You're a millionaire anyway, right? Sell and be done with it.

>>54546673
>HURR DURR YOU ARE BEING CRITICAL SO YOU MUST SELL THE BOTTOM DURING A BEAR
Kill yourself.

>>54546682
>Kill yourself.

>>54546682
Maybe you should try not sounding like a piss weak demoralised little bitch boy, anon. Maybe you should be the one who kills their self. You sound like you're on the verge of tears lmao.

>>54546682
they don't want negative sentiment, i.e. the consequences of their (in)actions. just ignore the thought police (paid by investor money, of course)

>>54546655
Same boat here. Fucking glad to hear that from another anon. They really let us down and now all the community program cocksukers come in here and pretend that everything is ok it's really pissing me of.

Advocates, please state what the downside of CL stopping the dilutions and giving the fees collected to nodes directly would be for token holders

>>54546592
All that's well and good, but why doesn't Sirgay demand payments to him be done exclusively in LINK? Yes he'd still need to dump some of it on the market to subsidize the network, but it goes net positive, that would act as a catalyst for a bullrun.
If he's ready to "flip the switch", he should flip it all the way, not this gay midpoint.

>>54546719
>community program cocksukers
Are these community people in the room with you right now, anon?
Take your meds you nigger brain.

Chainlink is going to 1k eoy and you fudder trannies aren't going to have enough money left to buy rope. Maybe you can overdose on your estrogen pills kek.

>>54546725
> but it goes net positive
meant to say
> but as it goes net positive

>>54546725
>why doesn't Sirgay demand payments to him be done exclusively in LINK?
If it is more convenient for the client to pay in another token than it is sensible to enable them to do that, at an increased cost to them. This payment is then converted into Chainlink and used to pay the node operators. Chainlink is needed for the nodes to work. This is established fact.

>>54546751
>This payment is then converted into Chainlink and used to pay the node operators

Show us on chain where this happens

>>54546757
Who's "us"? Your discord tranny group?

>>54546730
>maybe if i use crass language he won't suspect me anymore
hello, fellow 4channers

I might come back later to educate those who are genuinely ignorant and not simply seething wierdos who obsessively fud Link, or who bought the top like >>54546655 and have lost all their money kek.
I have to go now and make dinner and then go for a run in the sun. Life is good. :)

>>54546769
>Maybe if I accuse everyone I disagree with of being a company shill I won't have to face the fact that I'm an idiot.
kek you're a nigger brain like that other dude. See you for now.

>>54546775
>just you guys wait, I'll be back with new talking points, my script wasn't prepared for this

>>54546369

>>54546358
Pay up

>>54546751
>Chainlink is needed for the nodes to work. This is established fact.
Yeah, I think even paid fudders don't dispute that fact anymore. But I have no reason to suspect that >This payment is then converted into Chainlink
is true. I don't think Sirgay is buying LINK on the market, at all. And if he isn't forcing clients to do it, the token will simply keep dumping.
>If it is more convenient for the client
If Sirgay is willing to demand payment out of the blue, their convenience is no longer all that important. But he really needs them to pump his token, or his masterplan of collaterizing the global financial industry with LINK tokens staked on nodes won't work.

>>54546592
Dont care about any of this you sycophant pussy. When does the price go up?

>>54546369
>LINK/BTC
-4.3%

>>54546770
Wow a run!!!! What a heckin life. So anyways faggot, go ahead and show us on chain where team gets paid and then converts to Link.

One of the poster up above said the team has been so up front about everything, so surely this is an easy task.

>>54546358
>>54546440
Wait till you find out that Bitcoin miners are paid with BTC from the reserves too, also diluting the BTC market cap.
It'll blow your little minds.

>>54546470
He’s already cashed out a lot of dough if he felt like cutting and running. Remember he is worth half a billion. That could keep him fed for at least two weeks.
Will he? Not while he can still milk it. Just watch the next smartcon but I wouldn’t be confident in this when “staking” can stay locked for an indefinite time, no word on CCIP, no airdrops of tokens into wallets no matter the talk of BUILD (and who knows if they will end up worth anything).
For all those saying it’s a long-term hold, six years are already eons in crypto and an extra 4-10? Could feel like eternity especially with how things could change. Also Gary is still on the warpath and could decide to go after eth/erc etc no matter how little people talk about price due to how arbitrarily he has applied the Howey case. ETH, LINK and others have had ICOs.
But whatever, those locked up can’t sell and those holding will hold to eternity, -99.9999% and below.

>>54546655
>Superlinear staking significantly decreased the projected value of the token
You have no idea what you're talking about.
Superlinear staking goes superlinear the more nodes are involved in the fraudulent attempt.
You still need a very high basic penalty for when single nodes try to be fraudulent.

>>54546890
>I think even paid fudders don't dispute that fact anymore

lol, see >>54546470
>it's in his interest to make token needed

Their narrative is still to literally claim the token isn't needed.

>>54547464
>the token isn't needed.
they're right, the token isn't needed

>>54547472
>price going down means it isn't needed

>>54546358
It's 2023. You niggers still saying "dapp"?
>2016 oldfag

>>54547486
>my 2017 premined ponzi scheme will make me rich...in 2 more decades!

>>54547486
>price going down means it is needed
this is your brain on a cult

>>54547517
he probably believes you're paid to make him sell his bags lol

Linkies are peak cuckolds with an IQ averaging between 85-95 points. Even XRP schizos are smarter

>>54547517
>>price going down means it is needed

quote the post

>>54547525
>give me more (You)s
sure there you go buddy

PAY UP

Chainlink Labs need to pay their paypigs and give the fees to stakers. Also build rewards

>>54547608
>Linkies are paying for this
oh no no no non on oahgahahgahahahahaha

>>54546553
kek

>>54547330
this jeetnigger is predictable

>>54546751
This is just speculation on my part but I think one reason the door is open to pay in other tokens is more to provide a convenient way for up and coming projects that don’t necessarily have a treasury to buy LINK. This is where BUILD comes in and the deal is getting projects to commit a % of their token supply. Otherwise how would these new projects realistically do it? Chainlink needs some kind of up front commitment and as long as there’s a premium charged for it, and more importantly, those tokens are converted to LINK at some point then I think it’s all pretty reasonable. The problem is this is just me speculating, though.

>>54546682
The only fact LINKies is that they continue dwelling in the past while the MATIC and NXRA Jews aims for the future. I'm not sure those sycophant can tell you this.

>>54547523
>even XRP schizos are smarter
Thanks

so by "paying up" companies are actually helping to dump and devalue the token?
absolute STATE of the cuckolds of link :}

Yup. Token not needed

>>54548988
Sadly this is actually true

>>54549061
linkies can just never win can they :}

>>54549146
Pay. Up

>>54547330
A WHOPPING -4.3% WOW ITS TRULY OVER
you guys are hilarious

>>54546358
1 post by this ID

>>54546730
Nah, in 2030 maybe, not even trying to FUD.

>>54550957
>pretends it's only been dumping today
it's been 3 years cuckold boy

>>54546358
>>Chainlink gets link from reserves and pay nodes, thus diluting the marketcap
Yes we have known since 2017

>>54549146
Definitely not. Link has never made and will never make any single millionaire in crypto. Had to shift my life savings to NXRA immediately I learnt this. Better for jeets here to take similar step to avoid being left alone for exit liquidity.

>>54546655
>Superlinear staking significantly decreased the projected value of the token
The view that the collateral requirement makes the token valuable has always been retarded. Its like people saying BTC is value = the value of the electricity to mine it. The value is derived from how useful the service is. Superlinear staking makes the network more secure therefore more valuable. Staked tokens will gain value from the usage of the network, ie customers paying fees.

>>54554189
{: {: {: sergey lies :} :} :}--{iamantichrist}
oogabooga
{: {: {: sergey lies :} :} :}
aruga aruga
{: {: {: sergey lies :} :} :} {: {: {: sergey lies :} :} :}
{: {: {: sergey lies :} :} :} {: {: {: sergey lies :} :} :}
i am the antichrist i am the antichrist i am the antichrst i am the antichrist :}
{: {: {: sergey lies :} :} :} {: {: {: sergey lies :} :} :}
{: {: {: sergey lies :} :} :} {: {: {: sergey lies :} :} :}

>>54546358
>linkies slowly realising that even their dear Sergey can be a greedy fuck

Lol

>>54546655
Right. Pretty crazy how community advocates still try to turn this into something that's normal and was planned all along. Just wait for them to tell you that build rewards were never supposed to be distributed to stakers

No gay sex

>>54557348
big think. yeah I don't hold out much hope for anything community advocates are some of the worst niggers I have ever encountered. the more they post the less I want to get involved in crypto

>>54546651
>investors
Chainlink does not have investors, and token holders do not have guarantees or a stake - literally.

>>54546655
HOLY BASED

>>54546369
Lel

>>54546470
As things stand nothing in crypto is currently needed for anything, the whole market relies on the belief that it will one day reach full adoption in the marketplace and take over from traditional finance tools.
So although the token isn't presently needed that can be said for every project on the market.