/biz/ - Business & Finance

>>55308753
imagine staking your link for pathetic 4% while they inflate the supply every year by 7% and dump it back to ico prices lmao

>>55308753
Ok thats enough for me. I'm out. Where's the unstake button guys?

>>55308753
hey at least you got the dollar sign in the right spot

They said all along this was the plan. Why are you acting surprised? It was in the Whitepaper.

>>55308813
still not selling
>>55308822
fudnigger you don't even hold any to begin with
>>55308831
yawm

>>55308753
I could put all my eth into to get 30k link. What do you think?

>>55309072
Was meant for
>>55308831

>>55308753
ihatechainlink.com

>>55308753
Kek this shit will literally go to $3.

Remember that the best thing you could do in the last month was to short link at $8 top kek.
The only way to win with this garbage token

>>55309089
fudders are now trying to grab linky ips these people are deranged

Imagine patiently waiting to go in with 85k, pulling the trigger, and then the very next day the team dumps 70m on you.
Poor guy, but now he's a real link marine.

>>55308753
It will dump to $3 and crab for one year

AHAHAHAHHAHAHWHAHHA its so over for linkchuds
Didnt they just get done dumping like 50m a couple of months ago?

>>55308753
Nobody lied to you this was all outlined in the whitepaper. You don't think the market can absorb 150m dollars in 8 months? DAILY volume on a slow day is over 100m dollars. Not to mention a large portion of the tokens will not be market dumped but distributed to staked linkies who will continue to hoard their tokens. Yes it has been a rough couple years but please refrain from projecting your excessively neurotic feminine personalities which brought you to 4chan in the first place, or sell and fuck off.

>>55309327
this post was written by a ChainlinkLabs employee or CLG himself

>>55309327
Here comes the Chainlink advocate damage control with false numbers.
- it's 70m tokens which is approx $350m USD at the moment, not $150m
- the majority of the tokens will not go to stakers. 5% on 25m tokens is only 1.25m tokens. Even if they raised the pool cap to 75m tokens as intended, that's only 3.75m tokens distributed to stakers per year. WTF happens to the other 66.25m tokens that the intend to dump?

>>55309327
Ahhhhh that sweet sweet link cope.
So while the US is rugging everyone trying to get to 2% inflation, linktards are aiming for a nice steady 7% while they stake for 5% "gains" resulting in a mathemstically guaranteed -2%

>>55309366
It was supposed to go to institutions as laid out it in the whitepaper, but we all know that's just wishful thinking. It's going to be dumped on exchanges so that Sergey can fuel his ever growing Big Mac addiction. This shit is going to zero.

I made so much fucking money off you retards KEK. I bought most of my Link in 2019 for under $4 and sold my whole bag at $47 just below the ATH. Enjoy my bags you dumb cultists.

>>55308753
7% honestly isn't very much.
So all Chainlink will be in circulation in 7 years? by 2030?

>projects committing a portion of their native token supply (often 3-7%) to be paid to Chainlink service providers, including stakers
>paid to

>>55308753
>I placed my buy orders at $2 $1.5 $0.8
The important question is, where did you set your sell orders?
$1000?
$81,000?

>thread full of seething kekfuddies
look at them all writhing about like snakes in a bucket lolol
>pleeeeeeaaassee sell your link!!!!!
kek -lmao even

>>55309433
So whats the monetary value of 3-7% of a jeet nft shitcoin? Hint: its 0

Take into consideration the fact that staking v1.0 will be released this year and the pool max supply will increase to 75M.

>ONLY 7% inflation
>meanwhile eth has 10x the retail demand due to it being absolutely necessary to play the shitcoin and nft casino all the while it has maximum 2% inflation, and perhaps just deflation if gas stays above 20 or 30 i forget

linkies are in for another brutal few years

>>55309468
cope

$1 EOY

>>55309468
bro this reads like long term hodlers desperate for an unstake button but you drown them underwater like they were newborn kittens in a sack!
this is such unusual FUD!

>>55309478
Its not 7% inflation. Its inflating the current supply with FOURTEEN % next year, for whatWhere they need 350m for. What happened to the distinction between ico allocations. Chainlink needs to be sued honestly but cucklords will find a way to justify this.

>>55309468
Havent you heard? You dont need to sell your link, sergey will sell link on your behalf :)

>>55309469
SpaceandTime is my favorite jeet shitcoin

also
>a portion of the fees from this proposal are planned to be sent directly to stakers as user fee rewards for increasing the cryptoeconomic security of Chainlink services used by GMX
GMX made 3millions in fees just yesterday during this dead volume market, what a good shitcoin

>>55308753
what's the source for this screenshot? post link please. It's not on twitter

>>55309530
GMX? Sounds like FTX?
>>55309530
Any buidl rewards are now null and void thanks to fatty fat mans lust for inflation

>>55309475
I'm sure it will

>>55308753
they never lied or betrayed, this is fully explained and expected, inflation is still low compared to other things from last cycle but that part is never mentioned by the fuddies is it now kek
the only betray you can blame sergey is continuing the dumps into the may 2021 crash he should have stopped for 3 months there, but all in all not that big a deal
somewhat surprised they are still releasing this much considering there own supply is running out steadily now

>>55309530
Thats great im sure youre very rich with all the airdrops you have.
5% inflationary staking = 0% net gain plus another 7% inflation with sergey dumps, -30% dump in usd since staking (6+ years of staking to break even) im sure those shitcoins will make up for all these losses.

pic related btw hopefully you'll even be eligible for the good ones ;)

>>55309478
>t. retard that doesn't know how high ETH inflation used to be

>>55309593
i forgot what was it in 2017 during its max gain, it was also max inflation right

>>55309563
>if i say kek i won't look like an underwater overinvested shill

You're gonna need to kek it up a bit more than that kekker

WHERE IS CHAINLINKGOD TO DEBUNK THIS FUD???

>>55309684
show me the inflation rates of all the coins that mooned in 2021 and find one with a lower than links current rate excluding eth

>an entire thread filled with fudders that cant do basic math and clearly never read the whitepaper
Yawn
Absolutely terrible work today, fudcucks
All fields and hidden

>>55309685
he has already done max damage control hours ago
i mean its not terrible, but spinning it as great like he does is a bit over the top

>>55309881
>t. Nervous sweating bagholder

>>55309366
checked and kek'd. immediately called out on fake numbers. The token isn't needed and you retards are in a cult.

oh wow 35 million tokens over the next 12 months will be sold. we've been in a massive phase of accumulation over the past year with single days that get near that total in usd. not selling, not unstaking, you cannot have my links fudcucks.

>>55309994

Wow link baggies really spend most of their time on this board seething.

>>55308753
Jesus Christ.
How many more billions of tokens (not needed) do they still have from the premine?

>>55309994
>35
its 70 million, they said 7% of the total supply, not 7% of their holdings.
It looks like sergey has increased the rate of dumping because he wants to fuck off and enjoy his billions, which he will do as soon as he runs out of tokens to dump

>>55310066
go outside

>>55309906
thank god for chainlinkgodbasedking
I dont understand why cant protocols just pay up

>7% total supply
Jesus fuck, thats like 12-13% inflation
Who are these tokens going to? If its to nodes, I dont see a problem, they will dump what they need to to cover their expenses
If its Sergey market dumping, he can and fuck himelf

>>55310243
probably both

>>55310243
They have to fly first class to teach minorities computer skills…on your dime. Diversity is our strength

>>55310312
>diversity is our strength
basedo leftie
https://twitter.com/ChainLinkGod/status/1669431338322247680
>inevitable
this new brand name marketing line rings too close to Q storm is coming its inevitable etc. for me but im white so okay *flashes occult 666 sign*
I dont understand they say they have thousands of paying users now why are they still using the chicken and egg problem as an excuse five years later?
someone is lying and I bet its Chainlinkgod based king
>Historically, Web3 protocols have overcome this challenge via token subsidization
>Token incentives are provided to service providers to participate in the network's operation (supply side) and/or to users to utilize the platform to attract more usage (demand side)
>To celebrate this magnificent history of subsidization Chainlink, in conjunction with SEC award winning exchanges like Binance and FTX 2.0, are proud to announce the 7% Dumpening
what the fuck man

>over the last 3 years market has been absorbing 50M tokens/year
>now, in order to be sustainable, we must dump 70M/year for the next two
Wtf are these niggers even doing, are they making sure link wont pump next bullrun?

>>55310388
checked. yes the holders like me said some mean things on the internet for years now so the team basically owe us nothing. punished for speaking freely on the internet by our masters who want control

WEF want to control your mind so fall in line sheep you will never make it and you will get a job and you will get vaxxed until you DIE
but you will be medicated to appear happy

These people are scum.

Charge your customers. Whatever happened to pay up.

Fuck the team they owe me pay me nigger

>>55309327
True, and last year they reaffirmed some extra bag dumping would take place to "finance projects and the infrastructure".
Thing is, i'm not sure they will stick to their 7% projection (was it even 7% in the previous talks?), as the price continue to tank, they will probably unlock more.
Also, the entire shitcoinsphere is dying, if i was Betraymoto, i'd think every day of the close to 500 millions tokens war chest still left to dump on baggots.
But do it in such fashion the token's value doesn't crater down to zero will surely prove to be a harduous task. The buying pressure simply isn't here.

Any real stinkies ITT? Just bought another 100 post your recent buys marines

>>55308822
srs can I redeem my stake? early penalties are fine but this is the last straw for me. i want to leave with what little i have left :/

>>55309293
I would literally nut
I could buy so much LINK
I assure you this wont happen for these reasons

>>55310516
Why would you buy now when you know 70M tokens are about to doomp? At least save up in USD and slurp in a few weeks/months. It will be $4.30 by then. OK it's not even a dollar below the current price (lol), but still, a hundo is a hundo!

>>55309399
checked

>>55309388
>>55309366
digits in link thread

>>55310632
Bruh, link breached the $4 range yesterday. $3 doesn't require much imagination..

>>55308753
> staking rewards will be less than supply inflation
T-t-thanks Sergey

>>55309475
9 to 12 months. They routinely lie about release dates

Was it worth it stinkers? $4 on this day 3 years ago. You told me staking would send it to $1000. You told me SWIFT would send it to $1000. You told me it was a bear market token

You lost the war. Rory is a big time cuck but he's got you under his boot on this one

>>55308753
more like 700%. GET FUCKED. Chainlink is old boring garbage. Biz nolonger likes it except for a couple of die hard spergs

>>55311549
You told us ANS would go to the moon

not sure why people are upset about this, basically the same inflation that we currently have
in june last year they put out a blog with:
50m over the next 3 quarters = 16.6m per quarter
https://blog.chain.link/sustainably-growing-chainlink/
this is 70 over 4 quarters = 17.5m per quarter

at the end of the day the supply has be released and having it released sooner is better for optics longer term anyway
again it just shows the fucked up double standards link is held to when you compare the token supply of other projects

>>55312128
yea no shit, people are fucking tired. GL holding them bags, faggot

>>55309507
Id be very interested to see a securities lawyer research and give a detailed opinion of Chainlink. Having done some work in the industry, the regs are insanely tight. Inb4 it's not a security. It's a security.

>>55312216
i made it out good as sold lots on way up when everyone spammed tl;dr but yea it's fucked up
hope you make it too

>>55312233
kek dr;ns
>>55312220
>Having done some work in the industry
kek

>>55309327
he mad lmao

Holy shit I also read Celsius is selling 17M worth of Link tokens in July

>>55308813
Those that staked are actually really stupid because they gave up custody of their coin, and also for a mere 4%.
That is even something we can get in a bank and if we stake stablecoins on SpoolFi, Beefyfinance, and some other yield aggregators we will get 4x of that

>>55312248
forgot to switch ids bro?

>>55309327
>Yes it has been a rough couple years but please refrain from projecting your excessively neurotic feminine personalities which brought you to 4chan in the first place, or sell and fuck off.
ahh yes as opposed to the masculine men known for holding chainlink that come to mind

>>55313220
?
was just correcting writing tl;dr instead of dr;ns

inside her here. chainlink is not a profitable business. but that's ok because it's just a startup and it's considered a risky investment, so you can't legally do anything and if you physical harm any of the executives society will look down on you

>>55313211
Yea those yield aggregators are better option than staking LINK that keeps dropping

>>55313265
>confused tl;dr with dr;ns
esl?

The only thing that even supports the current price is that the market makers hold it up, thats it. Theris is no new money coming in, there is no use, there is only a manipulation.
At some point even the market makers have to break, the arb bots that balance the pools are going to move the price down.

So why did this asshole even post this today? We already knew they were dumping. Did he really need to remind everyone to introduce FUD to the market at this point in time? Sergey should fire him immediately.

>>55313651
bro you are sounding a bit too anti-Piant for my liking...

>>55308753
>I placed my buy orders at $2 $1.5 $0.8
why overpay? 0.25 is the bottom

>>55308813
>back to ICO prices
man, i'd dump another 6 figures into it if that happened. unfortunately, you're retarded and gay and it won't

No one is using Chainlink for anything meaningful. The nodes aren't profitable and the company has to pay their hundreds of employees who can't deliver any products on time. This is NOT bullish. Think it's safer to just buy ETH for the next cycle and maybe some L2 tokens.

>>55308842
This

>>55308822
You can hedge your position by opening a short on one of the on chain perps that use link oracles and roll the profits back into $2 LINK if you want.
Plus you'll (probably) get paid around 10% APR on the position unless everyone else gets the same idea...
Just don't use leverage.

>>55309424
$1k end of century.
Bet.

>>55309420
Motherfucker, I'm still fucking the shit out of the market with TM trader grade. XRP, BNB and OCEAN have been my best picks this period. Go fuck the market pajeet.

OOOOOOOOH STINKIES

bump for max pain

>>55315765
>and maybe some L2 tokens

I've already secured my bags on MATIC and the tokens within its network. MNI is among those RWA tokens that are securing real-world revenues anon. Good game.

>>55309475
>staking v1.0 will be released this year
you mean staking 0.2. there may never be staking 1.0
>pool max supply will increase to 75M
wow, less potential sell pressure interfering with sirgays dumps.

>>55309475
Have they changed it since declaring in the blog post that v.0.2 will be released this year? Why do people keep saying v.1 is coming this year? Is it a new FUD angle so you can laugh at linkies when 0.2 comes out?

>>55317485
What rwa’s? After this news im selling and buying into other tokens.

>>55308753
>>55309327
>>55309340
>>55309366
>>55309517
>>55310496
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 marines.

>>55309327
>DAILY volume on a slow day is over 100m dollars
This retard actually thinks daily volume means it can absorb dilution. Look, i doubt the dilution story too with graph and i paid the price for with massive losses.

that's actually 14% inflation

>>55317659
I find more hilarious the retard actually thinks that is real volume

>>55309570
Source for pic?
Also it’s 13.54% inflation, not 7%.

>>55317696
That too lmao. Crypto volume is easily spoofed. If link keeps its current mcap then by dilution only it will be $4.5ish by the end of their 12 month dump. Not even counting in that they will probably up the % to reach their target fiat goals as the price drops.

>>55317485
Not sure if you're American but MATIC is going to get delisted on most American exchanges for being an unlicensed security IMO. LINK might too though... besides MATIC is a cycle old. Need to focus on new scamcoins and hype-coins rather than exhausted narratives

just 7 more years baggies hold the line

didnt read
not selling unsteaked
cant unsteak steaks

>>55313211
>staking is a scam
>I'm totally not sour grapes about not being able to stake
>these jeet scamtraps are better than official staking
Yeah I bet Bancor/Celsius cucks thought the same at the time right? Kek

You WILL never STAKE brownoid, get fucked lmao

>>55318696
fully staked and in hindsight I deeply regret it, so do us a favor and keep your shitty opinions to yourself

>>55318711
Sure you did Muhammad. Go back to your brownoid incel chatgroup lmao