/biz/ - Business & Finance

What if it doesnt cost a lot of link to do whatever the banks wanna do with ccip, and the over the counter sales of link sergay has done will allow them to conduct business for 20 odd years before needing to even think about buying LINK

>>55265005
What if they just forked their own link?!

>>55265005
What advantages do banks have keeping the price of tokens low?

>>55264995
but the code for it is already out...

>>55265055
sure it is, cuckold

are we all just killing time now? cmon you can do better

>are we all just killing time now? cmon you can do better

>>55265042
I'm not saying they are or will or can, but why would they need to impact the price at all if they already have a large supply that sergey sold OTC and stave off that for the forseeable. Everyone cries about sergey having sold hundreds of millions of link but I never hear people complaining of the implications of that being prices wont need to increase bc the institutions primed for CCIP already have their tokens and wont need to market buy link and fill us poor neets' pockets

Token not needed

>>55265194
Because higher price=more money? Are you stupid?

>>55265060
No, it really is. You should read it, run it, and try to find bugs.
https://code4rena.com/contests/2023-05-chainlink-cross-chain-services-ccip-and-arm-network

>>55265277
Do you posess any reading or comprehension skills you retarded ESL nigger

>>55265060
https://github.com/code-423n4/2023-05-chainlink
kek fuddies

I’ve actually never heard a good justification as to why the price will actually go up besides speculation, which hasnt even driven the price up thus far, only downwards. All this institutional intrigue and yet not a single one of them is trying to buy the token? It pretty much means the token itself is useless or unnecessary

>>55265643
Price should follow network usage, as nodes will expect a certain return on their stack
But until all of that is in place, its just shitty token that you can use to either swap on a dex or get yourself liquidited on some defi protocol

>>55264995
Yeah I'm seriously stressed. I've been waiting for like 5 years and after the last year and a half things are not looking good. I work 40+ hours a week and basically all of it goes to rent and bills. I'm basically losing the place I've been renting so I have to move again and every single place wants like 60% of my monthly income for rent. I'm slipping under here, 2 years ago I thought I'd surely have money for a house through link, but now that doesn't seem likely anytime this decade. Can't believe it all lead here after 5 years, I should've just taken the vax and prayed for the worst.

>>55264995
Bad fud. The good fud is that using ccip won’t affect price. No one cares about this enough to pay a lot for it like they did eth

>>55265078
We’ve been killing time for half a decade lmao this is what happens when a group of people have literally nothing better to do than wait.

>>55265643
Linkfags will say to wait 10 more years until staking 1.0 lmao. The queens of goal post moving

>>55265643
Which means tnn for another 10 years kek

>>55265643
>I’ve actually never heard a good justification as to why the price will actually go up besides speculation
>he says this in an industry where literally everything has their price driven be pure speculation
>but Chainlink has to trade purely on raw fundamentals because… it just does ok???

>>55264995
>>55265005
>>55265060
>>55265093
>>55265194
>>55265272
>>55265277
>>55265354
>>55265457
>>55265620
>>55265643
>>55265705
>>55265761
>>55265841
>>55265958
>>55265979
>>55266031
>>55266093
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

>>55266369
>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
This is a chainlink labs paid advocate shill

>>55266093
>but Chainlink has to trade purely on raw fundamentals because… it just does ok???
you post about fundamentals and how they will make price go up. when it is pointed out that price went down instead despite these fundamentals, you say that fundamentals don't matter. which is it?

>>55264995
It's a protocol you stupid retard. It doesn't magically make blockchains compatible with eachother. It is simply the language that all blockchains use to communicate with each. Once it becomes adopted it will work as if everything just magically works together because everyone will be using it.

>>55265005
People will be paying LINK to connect to banks, not the other way around. Banks aren't trying to connect to smart contracts. People want to connect to banking API with smart contracts and Chainlink allows them to do that. Banks won't be buying LINK.

>>55265643
New projects that use Chainlink in novel ways to connect different blockchains and build smart contracts with external data feeds will drive demand for the token.

Banks won't be buying the token. You will be buying the token to connect your smart contract to the bank's API.

>>55264995
At this point it doesnt matter desu. Crypto is dead and just like crypto CCIP relies on a thriving crypto ecosystem

This happens when you have a fat fuck who thinks he has all the time in the world to deliver.

Kek fuddies

>>55265643
Because the WEF unironically hate trannies and normies more than we do… they will make us rich and we will be the protection between the riffraff and the elite.

>>55264995
Also one thing: I am fully, fully jaded with this project. What a fucking failure it has been.

Unless you invested at the fucking bottom or at the very ICO, this was not a good investment. Basically unchanged compared to ETH over 5 years, and there would have been a SHIT TON of other projects that have performed better. BNB, Doge, just a few that have been floating around for years here would have been better investments.

Kek, even the shitcoin of Cardano was hanging around for $0.03-0.04 for nearly the whole of 2019 and is NOW at $0.28. Meanwhile this shitcoin of a project was around $2 most of 2019 and sits now at a pathetic $5 after trillions of $ poured into the market. What an embarassment.

>>55267457
Good thing I did buy most of my LINK under $1 then. I've been DCAing another $1k per day the last couple of days too. What a fantastic investment it's been. Really, I'm so impressed with the entire Chainlink team.

>>55267510
That's what you people don't get. You only made a x5 buying in 2018 when buying ETH even as late as 2020 would've made you 20x.

>>55267457
>What a fucking failure it has been.
Chainlink has been an overwhelming success, and is closer to full-blown global mainstream adoption than any crypto before it.

The problem is we are currently in a market that thinks getting sued by the SEC is more bullish than massive adoption.
And you personally are a part of this massively retarded market, so you should seriously consider removing yourself from it, and preferably from the gene pool as a whole.

kek baggies $5.09 lmao

>>55267517
>you people
buying chainlink nets you greater supply than buying any other corrupto and the goal is decentralization not buy muh vc bags

>>55267539
>Chainlink is fine, it's the market and the holders who are retarded and can't appreciate the tech! (Proof of Concept betas)
it sounds like this market isn't for you bro, perhaps you should pivot to a more mature one

>>55267563
>it's the market and the holders who are retarded
Obviously.
And if you can't see that, then you're part of the retards that make up the market.

XRP has massively outperformed Chainlink during the years when it was under the SEC lawsuit, even though Chainlink adoption exploded during that same time.
There is no amount of pilpul or fud spam that will ever explain this away, and that's just one example.

>>55267577
>t. twitter paid retard
good luck trying to convince the rest of the market bro

>>55267585
Look up the prices of XRP and Link respectively in December 2020 when XRP's lawsuit dropped.
Now compare to today.

What does CCIP do better than current bridges like wormhole?

>>55267593
provide copium for bagholders

>>55267590
no need to do that, the comparison is moot since XRP has been dead for over 7 years by now, pic rel
you're not convincing anyone, CLG

>>55267598
if he is chainlinkgod based king then you are chainlinkthomas

>>55267602
this is the only Thomas I know and acknowledge

>>55267608
https://twitter.com/TNTJohn1717/status/1667917224957427713
go back

>>55267598
>XRP has been dead for over 7 years by now
And this "dead" coin massively outperformed Chainlink during the years it was under an SEC lawsuit.

What is wrong with your brain lmao

>>55267598
The fact that it’s dead AND sued by the SEC makes it even more clear how stupid the current market is.
Surely you realize that.

>>55264995
Fuck it I'm gonna DCA into Chainshit until I get 100. If it goes to $30 or so next bull run it's easy money.

>>55267652
>>55267671
>>55267682
https://twitter.com/peckshield/status/1668072853802037248
major chainlink oracle fuckup guys go back to twitter see for yourself

>>55267690
fucking lol

>>55267701
>sturdy oracles
lmao they obviously spelt chainlinklabsbrandoracles wrong
here is a react go back to twitter to see it
https://twitter.com/cctvidiots/status/1667964055049605121

>>55267706
>>55267690
What are you even doing man go to sleep

>>55267719
go back to twitter and see for yourself

Ooooh marines I have very bad news guys, our leader mr sirgay nazurov died in a boat explosion last night, I’m very sorry marines

>>55267808
>+.02%

>>55267808
Is the boat okay?

>>55267517
What? Link is literally a 25x right now during absolute despair for anyone who bought early lol. You're actually gay and retarded

>>55268044
Could’ve better bought LADYS

>>55268044
Not really, for most of its early life it ranged about 40-80¢. You can count the time it spent under 20¢ in days. So the overwhelming majority of early buyers would maximally be 10x. Over 80% of link buyers are down from their cost average and furthermore highest volume range was $4. Meaning if we get there you'll see near 100% down on investment.

>>55268044
Link 25x? Only if you bought at $0.20. That would be literally timing the bottom. If you could time the bottom on DOGE, ETH, Cardano .. you would be up 100x+

But yeah thats how dishonest LINK shills work: "Bro you just buy the bottom and sell the top, easy 100x lol youre retarded". Intellectual dishonesty seems to be a trademark for these shills - they must have learned from Sergey.

>>55268258
I unironically bought 95% of my stack at $0.20 after selling off my ANS (now NEO). Even still, I feel like shit. I can't imagine anyone how anyone who bought above $1-2 (let alone $10+) can justify holding beyond not wanting to sell at a loss.

>>55268258
LINK bottom was at 11 cents, which I'm sure you're aware of. LINK top was at $53, which I'm sure you're aware of.
If you bought the bottom and haven't sold anything you're still up 47x. And at the very top you would be up around 480x.

Now is the time where you pretend no one bought the ICO even though anyone can check on warosu what actually happened. Have a nice day!

>>55268258
>you outperformed 99% of other crypto investors so i will fixate on the tiny fraction of people who outperformed you and try to use that to argue that you did terrribly
do you actually think this sort of retarded nonsense causes even a single person on the entire planet to second guess themselves?

>>55267163
>dear customer, to use our banking features from now on, you will be required to purchase an unforseeable and ever changing amount of chainlink tokens from an unregulated exchange. best reagards, ur bank
right

>>55264995
>(I
wet

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.

>>55268329
but bro in this larp banks replace exchanges and swift uses chainlink so that banks can offer customers access to potentially thousands of different blockchains that haven't been created yet

>ITT: link bagholders coping by LARPing as the absolute bottom buyers
can't wait until this pos reaches $2

>>55268998
flush it

wait so I'm supposed to believe that a bank will pay chainlink labs for their conversion services and then chainlink labs will take the money and buy their own coin? I can't believe we fell for this shit

>>55269844
Banks love to give free money away, just go in and ask

>>55265013
Now this is some good fud. Maybe the kek fudders will pick up this fresh new fud

>>55273506
We’ve been through it already

>>55273532
What? No way man

>>55265958
Nah. We are just aware of negative micro. So we just avoid it. The hardest thing to do in this market is holding and waiting. Everyone else just lost their link stack or a big portion of it. Perhaps there's a few exceptions but most got rekt

>>55271807
Banks unironically love paying third parties for tech.