/biz/ - Business & Finance

>>54765480
>he thinks things pump the moment certain people find out they're important
Amazon took a decade to take off and I guarantee there was a small group of Amazon early autists who seethed that whole time

>>54765480
it's not pumping so retards like yourself don't buy it till it's too late, stick with animal coins and meme coins OP

>>54765480
pay pig shitcoin

>>54765480
Capital is very centralized in crypto. Only a few hands move markets. They want to control the oracle network but based Sergey is incorruptible. imagine their seeth kek

>>54765813
Sergey calling them out directly was a huge narrative shift, especially at Consensus where he's talking to a room full of devs, many of whom would be complicit.
Devs have two options: Take the blue pill, side with the market makers/VCs/extractors, make as much profit as you can from retail before superior trust minimised options take all your lunch.
Take the red pill: Use Chainlink, take part in provably and verifiably superior forms of finance, participate in a movement that grows to coalesce with the entire global financial system as an early visionary.

It's literally grifters vs idealists and this is a rare, rare case where the idealists have the technological and financial advantage as well as the moral one. Sergey has put himself out there as a leader in the battle for crypto's very soul.
MEVfags absolutely seething lmao. It is INSANE how much the wider space has ignored the content of his Consensus speech. The grifters can see the sand falling through the hourglass now, and know it's only a matter of time.

10 more years trust the plan

>>54765480
It's up from 10 cents to $7 in 6 years, a 70x.

Microsoft stock debuted at 10 cents in 1986. 6 years later it was trading at about $2.50 per share, a 25x.

I get it, crypto had a BIIIIIG speculative bubble and everything shit itself including LINK, and it's easy to zoom in.

But being realistic, the performance has been fucking amazing. We all should have sold at $50, simple as. We might not see that number again for a decade or more. But with any luck, shit really rockets within the next few years and we're all vindicated.

>>54765813
It’s kind of crazy that this seems to be the Cold War of defi all along, most of the players in the space are trying to work against what’s inevitably coming. I hope Ari hacks them all, the retards

>>54765490
Did bezos constantly dump millions in the beginning years?

>>54765894
This. We all bought at 10 cents in 2017.

>>54765490
>>54765789
cuckolds lol

>>54765935

>>54765935
Any of this feel familiar?

>>54766017
But look at how many products and services it has always had
It could use AWS profits to keep them running at losses in every department and extorting the market thus forcing competition out.
Also, it was their plan not to be profitable until they built reserves.
You guys also planned to suppress profit and price right?? Just like Amazon.


You don’t have a single use or purpose for your product or service.

>>54766028
at least the mainstream media was kinder to Bezos and didnt censor him like the crypto media do with chainlink

>>54766081
>https://youtu.be/KSS8Gk5UxE4?t=1094

>>54765480
When are you guys going to get this: Chainlink CANNOT be allowed to pump. If Chainlink pumps a bunch of nazi memelords get out from under the boot and start snowballing the redpill ideology. Every nigger on /biz/ thinks Chainlink's shit price action is about money and suppression and some mind-war to keep what Sergey built out of the hands of the masses, but nobody seems to realize it's about US here reading this. Chainlink's suppression has nothing to do with Chainlink, it's about suppressing us and draining away our time. Most of us og channers are going into our 30s now and if they can just suppress us for a few more years, even if we "make it" financially we'll be too old to get loving waifus and actually do anything except bitch and moan all day while fucking hookers.

>>54765490
>He just compared Chainlink to Amazon

My god Linkies are delusional.

>>54766118
Half of /biz/ will move to off-grid homesteads and the other half will live in penthouses and do cocaine. Only a very small minority will become politically active, and I imagine they will just get murdered.

>>54766148
As long as we're not building families and being active in our communities with all the free time we would have it's enough for them. Any project a playable character would pursue is a threat to them so they need us to get old.

>>54766118
You vastly, vastly overestimate your and everyone else on this board’s own importance. Capital is used to suppress LINK because it forces the space to mature and adopt a degree of honesty. Frankly, it’s kind of absurd that TPTB in tradfi are allowing chainlink- I suppose there is just too much money to be made otherwise and what’s more, they get to shepherd it’s inception. You wana know why CCIP can’t be released yet? I’m willing to bet sergey doesn’t even own the tech or patents it’s based on. They got the lad by the fuckin balls. I imagine he has a degree of leverage because he and his team are the only people on the planet capable of making this thing real

>>54766963
Who owns CCIP?

I agree with this on both a personal and macro level. It’s obvious that because /biz/ got in and held, they’re smoking us out. I guarantee many have sold and moved on because of the opportunity cost. Link and bnb were the same price in 2018 and now look at them

>>54767003
I have no idea and am just speculating. I’ve seen things that lead me to believe that JP Morgan owns the patents for the oracle mechanisms it’s based on

>>54766148
>A bunch of internet addicted terminally online neets are going to get rich so they can work harder than ever before as farmers and homesteaders and live off the land
One of my favorite fan fictions

>>54766118
You were supposed to have wife and kids while waiting and fully enjoy your youth

>>54765861
>the wider space has ignored the content of his Consensus speech
maybe he should stop yelling, it's hard to listen to him

>>54766081
>But look at how many products and services it has always had
Chainlink mainnet is pretty damn huge lol

>>54767234
I've done a lot of farm labor in my life and I will do a lot more when I'm actually working on something that directly benefits me and my family.

>>54765894
The 10 cent pre-sale ICO was limited to $32 mn and probably even much less was "really" public. The average buy-in for most people was 20-40 cent, if you BOUGHT EARLY AND NEVER SOLD. Its like saying "oh if you just had lent bezos $1000 to launch his amazon prior to going public, you wouldve been a billionaire today". Its nonsense. You can only compare PUBLIC TRADEABLE prices.

So its not a x70, but for the earnest buy and holder 17-35x. And this if you literally bought on the open market bottom applying most favorable conditions, whereas you wouldve made 2000x gains from buying ethereum or 30000x if i apply the same logic of buying the literal market bottom and NEVER selling.

Face it LINK-bagholders, you haven't made the returns you couldve gotten from merely buying bitcoin or ethereum. Hell, even DOGE, ADA and even Richard's PULSE have outperformed your pathetic ERC-20 token.

>>54767234
don't group us together with you, shit colored creature.

>>54768083
>even DOGE, ADA and even Richard's PULSE have outperformed your pathetic ERC-20 token
Now ask yourself how much sense this makes.

>>54765935
Yes

see
>>54766017
>>54766028

>>54768110
"Oh noo, the market is irrational, my not-needed ERC-20 token is much more worth if people would just agree with how i see the world"

>>54768123
How needed was ADA for those 5 years when it was an ERC20 token with quite literally zero use?
How needed was XRP when its own devs say it has no use other than speculation?
How needed was Doge when its own creator says it's just a meme and a literal copy-pasted fork?

>>54765480
First rule of /biz/ : If's it's an alt coin chilled masively it's shit to never buy, like LINK, XRP, ICP...

token not needed, neanderthalian approach to oracles

>>54768136
for every single outlier which pumped for no reason, there are 1000 dead shitcoins with the same chart as LINK.
touch grass bagholder

>>54768596
>there are 1000 dead shitcoins with the same chart as LINK
Now ask yourself how much sense this makes.

>>54765490
Amazon had given far better returns start to date at this point than link.

>>54768760
>Amazon had given far better returns
Chainlink is building a p2p platform, not buying and selling products.

>>54768751
it makes complete sense if you accept the premise that LINK is a shitcoin you brainwashed cheerleader

ETH was and is "fucking important", that didn't stop it going from $1400 to $80

>>54768788
If it's a shitcoin, it's a lot less of a shitcoin than nearly all of the coins ranked higher than it.

>>54768818
cope it's still a shitcoin regardless
are you constantly whining about dogebat outperforming shib? does it matter if ADA is less of a shitcoin that SHIB?
obviously no

>>54765480
Because its so fucking important that people with deep deep DEEP pockets have financial incentive to waste absurd quantities of money keeping it suppressed while they either accumulate, or try to catch up as a competitor. If it seems far fetched to you the JP Morgan and others would spend billions of dollars on this endeavor then you have no fucking clue what ChainLink is doing.

>>54769362
>ChainLink
hello gpt4

>>54769207
Yes anon, they’re all shitcoins. There there.

>>54769488
are you implying they aren't?

>>54765490
>my rank 23 premined shitcoin is....LE AMAZON
cuckolds are so dumb it's actually hilarious

>>54765480
https://www.youtube.com/watch?v=lZ1QK4yjzF0

>>54765490
Might as well hold a boomer stock at that point. Do you retards even listen to yourselves?

>>54770302
You underestimate the amount of cope and mental gymnastics bagholders go through

They would rather hold an altcoin for 2 decades rather than admit they got scammed. It hurts their fragile ego too much. That's why they constantly seethe at "fudders".

Reality is basically FUD for them

>>54769500
Chainlink is the only one which isn't. The rest of crypto will be dead within the next 15 years. Chainlink will be worth trillions.
Cope and seethe.

>>54770330
It’s not scam. It’s just that the “elites” don’t care for them. Yes, they understand what an oracle is quite well. They just don’t care or need it.

>>54770488
it's a scam because it's a PoS altcoin.

Only Bitcoin matters, everything else is just fugazi and bullshit to lure in midwits and steal their sats

>>54765480
we're all waiting for you to sell what you have