/biz/ - Business & Finance

>>55141300
Chainlink just partnered with Tencent cloud, it will be interesting watching global economic war between the US and China where Chainlink literally wins either way.
We’ve found the only asset on the planet that is an actual safe haven against what is coming, and we found it first.
I love you, bros. Could not have done it without you.

>>55141332
Things like this are cool bc they make BUILD more attractive and I assume Chainlink will amass a pretty sizable war chest of tokens from the BUILD program while also helping grow the web3 ecosystem at a rapid rate and creating further dependency on the Chainlink network... BUT, this is definitely a long game overall. I think it'll take 1-2 years from here for BUILD to really have meaningful impact on the market.

Most BUILD projects realistically will likely fail, though I'm sure some will come out as huge players in the web3 space.

I'll sell part of the Build airdrops to get cash in rl and to buy more Link. I'll only sell off whatever i get as passive income. I'm never touching my original stack.

>>55141300
SIX SIGNS YOU'RE IN THE LINK CULT:

>Opposing critical thinking
Link will reach a 1 trillion market cap because of 4channel memes and assblasters pathetic “predictions” even if after 6 years nothing came true

>Isolating members and penalizing them for leaving
Fudders, swingies, discord trannies, Bulgarians, NEXO shills, CZ bots, Thomas...etc are all "slurs" made up by delusional Link marines to counter valid points that are raised

>Emphasizing special doctrines outside scripture
cringe copy pastas, stale memes, meme "magic", kek are used to pump (it never happens lol) their token.

>Seeking inappropriate loyalty to their leaders
Sergey is literally an untouchable prophet, everything negative that happens is due to outside forces like Bulgarians, the MEV mafia and fudders.

>Dishonoring people who aren't in your cult
no-Linkers, swingies and other people are "salty" because they are missing Link's colossal losses and shitty price performance

>Crossing Biblical boundaries of behavior
Sergey is a prophet (pure blasphemy)

>>55141332
Holy fuck i saw that tweet but didn't realise how huge tencent were until i just googled them. You're right about winning either way. Wow.
>>55141300
Not selling apart from rewards. Am 95% staked and will only sell enough to live comfortably over next few years. The rest is being restaked.
My main concern is the taxman and how he will treat Link staking rewards. It's a bit vague atm.

>>55141300
>I am curious to know how other [retards] are planning on playing the future.

>>55141370
>>55141393
I think if BUILD airdrops come this year I'll probably sell most of them instantly but some might be worth holding onto.

I am hoping when the day comes there is good discussion here amongst stakers of how good of prospects each of the tokens really are.

Re: taxes don't worry so much. Just report as $0 cost basis and pay what's owed on that and stay out of trouble. Sound sleep and peace of mind > making another 5-10% or whatever you might be able to looking for loopholes.

Why is BUILD stylized in all caps? Does each letter represent a word?

In any case - I'm not going to get too hung up on the immediate response to CCIP. The network will capture a % of the value of crypto, so I don't necessarily expect that until the ecosystem as a whole grows. But boy wouldn't it be nice to see some speculative price action after the God Protocol goes live.

>>55141350
chainlink will dump those build tokens so hard for their diversity hire program that the entire web3 ecosystem will dump to zero in one candle

>>55141443
>Beta
>Ugly
>Incel
>Linkies
>Deranged

>>55141300
What happens when early staking doesn't end and you keep getting strung along for years with the promise that soon you will be able to unstake or get rewards?

>>55141443
It’s an acronym for “Big Upswing In Link Demand”

>>55141480
Let me guess...the demand will start in two more weeks?

>>55141443
I think since CCIP seems like it'll come first (and soon) I also won't instantly react, but it would be a huge boost to confidence if they had even ONE impressive/high use partner announced, especially if it wasn't someone who was in the Chainlink ecosystem beforehand. Like, it'd be cool of Aave announced some big launch on CCIP, but way cooler if a bank did.

>>55141455
D is for deluded. Ffs i fud my own bags better than paid shills

>>55141439
I wonder what form these Build rewards will take, ie will these projects use mainly ERC-20 type tokens. Just thinking about getting them off my Ledger HW when the time comes. There will likely be a ton of different ones by then. If they're ERC-20 that makes it simpler. Tempted just to keep them all anyway

i have 10k stinks
7k are staking forever
3k are for selling in stages at $200+

>>55141610
It seems most are not building protocols and yea I imagine they'll be based on existing protocols probably mostly ETH so majority ERC-20, but I would think we'd eventually see L1's, certainly tokens on more obscure chains. But CCIP should actually make offloading everything that much easier as well, right?

>>55141622
Checked. Any reason for $200 as your number? Do you have a plan on scaling out like X at $200, Y at $300, etc.?

I actually think Linkies have a chance that this a huge announcement. Sergey and team purposely release huge updates in a bear market.

Now we know that there will be a LINK fee for every CCIP transaction, do you think Stakers will be given a portion of these fees? Because if so - that is fucking terrifying how rich we’re going to be. Linklets will be 8 fig USD chads.

>>55141641
just have a hunch that the next "link bull run" will get us above $200, so I'll start selling there. yes in stages, that's the smartest way to go about it. we'll later dump to like $50-70 and hang around there for years, just like we're doing now at $5-7

If DECO turns out to be a nothingburger then I'll sell.

Same plan of action since 2017, sell staking rewards and that's it.

You don't even have to read nu/biz/ anymore, just go read old threads on warosu and get all your answers if you want answers from actual OGs.

i only have 100 stinkers

I'm kind of at a loss currently. I don't have the Link I once had. I've made it through the depression stage. Now I'm just trying to decide what to do with what I have left. Do I sell it all and move on with life, or do I hang on to the future that can only be destroyed by the government? Before Biden started attacking crypto I never felt any fear holding Link. Now every day I'm unsure what my government is planning to do to fuck up my life next.

I have 0 doubt in Link itself. I only doubt the US government's competency.

Nothing's changed for me except the fact that I decided to accumulate other coins/tokens as I no longer feel confident in the future price action of LINK.

>>55141656
You're talking about the Tencent announcement?

>>55141664
My hypothesis is that as the network grows nodes will really want to attract as many jobs as possible and they'll need LOTS of LINK staked, so this could result in an APY war at least to a point... where nodes who want to acquire more staked LINK are just offering premium APYs, and this could send APY up as long as it makes sense for them to do that.

>>55141674
My "hunch" number was always $300 based on some math I did early.. pretty shocked to still see us sub $10 at this point, but if CCIP does what it sets out to then I can't imagine we're hanging sub $50 for very long. The problem here mostly is the market is all upside down still and scams and shitcoins are doing just fine.

>>55141677
Checked. Why DECO of all things?

>>55141300
I've thrown an extra 10-15k recently just to catch this guaranteed wave to $25-35 in the near term (3-6 months after CCIP). An easy and secure 4-6x without having to touch my main stack. But really, I won't be selling any of my main stack until Economics 2.0 is more mature. It doesn't really kick off until CCIP, and even then it will take time to grow (albeit rapidly). If we do get a speculative pump over $100, I'll sell a few thousand. But again most serious sell targets are at $240+. Never selling my last 7k tho. Kek fuddies

>>55142068
no was talking about CCIP launch

>>55142068
>My hypothesis is that as the network grows nodes will really want to attract as many jobs as possible and they'll need LOTS of LINK staked
Why aren't they doing this now then? They have the same info you do, if not more, so they know what's coming. If your hypothesis is true and the NOPs are rational actors they'd be stacking now, not after staking v0.x/v1.0 goes live.

Friendly reminder to everyone to completely blank any fud, as OP suggested.

Thank you, Gentlemen.

>>55142068
It's very easy for me to think of profitable use cases for DECO. Basically all instances where you have to obtain a document from one entity and provide it to another entity can be replaced once DECO is live. Instead of emailing a picture of my driver's license and proof-of-whatever documents to a person who them has to run verification checks on those documents, DECO can automate the process. They know the information came from a particular source on a particular date and that I didn't fake anything. That's just the beginning. I can think of dozens of SaaS offerings that would generate millions in profits with very little effort. Faster, cheaper, more secure, less fraud. For me, DECO is where things get interesting.

Why is this shit not pumping back to 50 bucks?

>>55141455
>Butfucking
>Users
>Increase
>Linkholder
>Delusion

>>55141573
the whole point is for you to not boost confidence
if sergey and chainlink are to do what you think, then they have the go ahead
otherwise someone's tesla would've crashed into sergey already killing him.

This means that chainlink is working with them to get OGs to sell like you say you are considering doing (i dont blame you btw) and to keep out new anons from starting to accumulate (perhaps more important as they keep price surpressed)
the new anons that are accumulating deserve it at this point.

>>55141300
It's not a good idea to share your plan here as multiple bad actors are actively spying on this board to counter trade you.
Keep your plan private.

>>55141674
based but dont be too confident in your price targets
read the room that is the worlds macro economic environment
but with that 7k stake youll do fine.

>>55141332
nice, Tencent also Partnered with Avalanche not too long ago.
>Chainlink + Avalanche Subnets = Blockchain Mainstream Adoption

>>55142815
yeah I might sell some at $150

>>55141332
Here is how the market reacts to this "partnership"

>>55141300
>>55141350
>>55141332
>>55141439
>>55141573
kys you fucking bagholders

The bottom line is the one sure way to make sure you don't miss the boat is to never sell your stack.
Whenever Link moons, there's always going to be some who are caught with their pants down, and they'll be the ones who regret it for the rest of their days. I wouldn't want it to be me. I sleep well at night, knowing i'm all in Link with almost all of it staked in the community pool.

>>55142563
They might be, but there is a large cost to this so maybe it's not tenable with current incomes and maybe CCIP changes that? Idk.

>>55142666
Checked trips of satan, ty for explaining

>>55142183
Lots of positivity around CCIP, if it didn't pump at all 6 months after CCIP would that change your entire mindset?

>>55142563
>why aren't more people smart and making good investments
gee i dunno m8.

>>55141300
When i say "never selling", i mean it.

>>55143175
Ignore ze fud, remember

>>55141332
similar to the thousands of other partnerships, this brings no value to the token

>>55141370
everyone has this strategy, assuring they'll be worthless. Also you don't even know if you'll get any because CL is a blackbox.

>>55141439
>I think if BUILD airdrops come this year
Don't worry, they won't.
>how good of prospects each of the tokens really are.
they're not

>>55141478
This is exactly what will happen. It's an absolute guarantee. Anyone thinking otherwise is delusional.

>>55141573
>how good of prospects each of the tokens really are.
they won't

>>55141664
>Now we know that there will be a LINK fee for every CCIP transaction
There isn't
>do you think Stakers will be given a portion of these fees?
absolutely not

>>55141674
Next time you have a "hunch", do the opposite. Take a zero off all your predictions and that's closer to reality.

>>55141677
Deco doesn't even exist, nor will the idea of it enrich you in anyway

>>55141707
you can research Vechain the same way, see if it brings you any gains

>>55142068
this guy's predictions are off 90%+. Following him is a sure way to lose money

>>55142563
the harsh reality no "marines" ever wants to confront. It's such a "secret" that even the people that know about it don't buy

>>55142804
LOL. The old message board conspiracy angle. Literally every investment forum on the internet has people who say similar. From stocks to PM to crypto

>>55142953
>Whenever Link moons
already happened...unless you have a time machine you can't profit from a prior moon

I came from /pol/ in 2016. Got into crypto at the luckiest time you can ever imagine. I put $25k into ETH at $10 and sold off around $400 later in 2017. During that time I noticed LINK and got my 1st bag from ED.
I have held a top 100 wallet spot in 2018. Without selling any throughout 2019 and 2020 , I dropped down to top 200.
It was gratifying to see some other big guys join the game. During the 2021 run up I sold about 25% of my stack between $30 and $45. Took $3M off the table but have fantasies of where I sold every last fucking 1 of em. Im retired and have other investments that I live off so I was in no rush to sell . I was also greedy about giving $3m to $4m to the IRS. I guess hindsight really is 20-20. Shoulda , coulda , woulda, yabadabado. It’s led to depression for sure. But end of the day it falls onto rich people problems.
Nobody I. The fucking room is gonna sympathize for the guy the made turned $60k into $3m but it could been $12m. I mean ya get what I’m saying.
I didn’t stake 1 link. Not 1. 100% true.
I don’t trust anyone. Will wait and see approach. Also I don’t believe the build project will be offering air drops to anyone. It’s more in the language of support amongst the network.
Only a few actually say reward the staking community. So don’t be disappointed when space and time doesn’t give away useless tokens.

If we get out of this funk we’ve endured for 2 years and test previous ATH’s I would do the same exact thing.
Sell off about 25% from $30 to $50.
Then see how things have unfolded.
We’ve been fed breadcrumbs for 6 fucking years and too many have lead to dead end streets. When does these things lead to value? Im at the prove it already stages.

i am stuck and have confused the hell out of myself always fantasizing about how to hypothetically play the future. i have 10200 link, and have thought many times about maybe selling 1k at 50, 1k at 100, 1k at 200, so on and so forth, keeping at least 5000 to never sell. but i don't know why what am i doing i have ZERO exit plan all i know for sure is that i want to bash my head in for not buying 10k more in 2018 so this would all be solved. all i want to do is have 1.5mm in liquid cash for real estate and also never ever sell my links. i'm so married to my bags its retarded. but unshakeable. i also have zero staked because i wanted to wait and see how it played out.

>>55143653
that was all based until you said you had 0 staked

>>55143514
>When does these things lead to value?
cool story, ESL

>>55141300
DR;NS
Moon or bust

I'm just holding. LINK is either a moon ticket or money lost gambling.

>>55143721
Anon, I have more than 20x more than your 10k LINK you hold.
I have been to the early San Fran meet ups, I’ve met Sergey 2 times.
Attended SmartCon NYC
and still holding my link bag.
I obviously have faith in the project .
Not everyone is here to fud.

>>55143853
>I have more than 20x more
cool story, ESL

2nd reminder to not respond to fud itt

>>55143745
i used to feel this way when i first invested years ago.
now i understand what I own and have zero doubts.

>>55143951
This was like right after my last sell at $45 when the price was ready to tank more.
Literally 23x your stack.
Im here responding to OP’s topic genuinely.
Im a OG and hold over 230K Link tokens.
All true.

I'm never selling.

>>55141300
I feel what you're saying, but to sell any link in the next 2 years due to lack of news would be a big faux pas imo.
Still though, I think we're going to see things move rather quickly in the coming months, and you're not going to need to worry about the lack of meaningful news this year.

I've been in this from the beginning, and here's what I see happening in the next few years:
CCIP release this summer/fall and a decent speculative pump to follow.
Then the real test begins.
CCIP needs to be successful with major organizations and spread in popularity to maintain that pump.
By the time the next halving/bull run rolls around, we'll probably see $200+ with link following the rest of the market.
Another big crash after the bull market
If CCIP, staking v1.0, etc are up and running with no issues and lots of clients, then we'll have adoption leading a serious pump to end all pumps that push us to a sustained $1000+

A lot needs to go right for this all to play out, and I wouldn't blame anyone for selling at $100+.
However those who can afford to hold 10k+ stacks through another cycle are going to be rich as hell.
The desperate twitter baggies who spend all day fretting over this shit day in and day out aren't going to make it.
The guys with a few hundred or thousand link are also going to be wiped out because the amount of time it'll take for their stacks to be worth serious money.
This isn't fud at all. I'm more excited for the future than I've ever been, but I'm realistic.

>>55144138
nothing short of a signed address is proof

>>55141332
Literally hu

>>55144297
yes, this makes sense

>>55144297

So we’re talking like 2030 and beyond for 1K stack hobbits to make it.?

>>55143157
>there is a large cost to this so maybe it's not tenable with current incomes and maybe CCIP changes that?
Chainlink nodes have been very profitable. Average profit margin for financial service companies is about 30% and over the last twelve months in this bear market Chainlink nodes have been operating at about 26.5% profit margin.

>>55144564
Once CCIP goes live gas costs will decrease as volume moves from Ethereum to faster blockchains, and in turn profitability will increase. Static overhead like data, operational expenses, and taxes won't change much but gas costs will only continue to diminish.

>>55144633
Where you getting the data from?

Till we know the value cost in link per transaction on CCIP im unsure whether i should sell into the hype pump (if it happens at all) or sit on my stack waiting for mass adoption

>>55144861
Dune.
Everyone here is going to continue to hold longterm and a minority will sell below the ATH because it benefits their particular situation, but anyone still here holding serious bags is not going to be running for the door at a pump to $20 and the halvening right around the corner.

>>55144938
price prediction for 2030?

>>55144333
checked and yes, literally the cantonese

>>55145121
ten cents

>>55142666
satan where do you see DECO fitting in with existing companies that do these kinds of verifications? You mention drivers license - there are a number of kay why see (misspelling to avoid bot triggers) companies - are they forced to adopt DECO as their competitors do? Or does 1 superstreamlined company come out and replace all of them?

>>55144309
nobody cares. thread has nothing to do with you or your shitposts

>>55141332
I love you to bro. All glory to God. Thanks and praise to God as well.

>>55146219
Who can say? Many identification verification (IDV) companies provide other services as well. Some of them use AI models to detect fake IDs but will that be necessary when the user can prove beyond all doubt, using a DECO proof from a government website, that their documentation is valid?

>>55146300
true, friend.
i should ignore the FUDers

>>55146863
at first I thought lots of companies would go out fo business but I think the middlemen currently offering DL verification will have to switch to deco.
easy to see that a handful dominate the space though - maybe it can all be done on chain, devs integrate directly with the verifiers.

>>55146863
>DECO proof from a government website
how does the chain of trust work here -- a network of verifiers agrees to relay requests about the ID to the gov site which is integrated to sign messages about the IDs?

>>55144297
Exactly what im thinking prettymuch.
I have 4500 and ill probably make it to 5k, please tell me ill make it. The realization that ill have to wait another bull cycle is setting in, unless Chainlink completely changes things forever.

>>55147890
Just focus on being a nice lady and getting right with the Lord. An additional 500 LINK is not going to get you through the Pearly Gates.

i am working on a project and slowly running down stack but have enough
just want to keep 10k long term
a price bump this year would be nice

>>55147914
Outside the Church there is no salvation. If sergey turns out to be THE anti-christ i will sell everything and post proof.