/biz/ - Business & Finance

>>55351456
It's like buying bitcoin at 5$

>>55351456
just wait for 10 more years, bro. LMAO

only 7 more years, goy

Fuck you fuddy. 1k eoy. Checkem.

.>>55351456
>2030
>token not needed
kek baggies

>>55351456
>hurr durr link can't moon until inflation is zero, unlike any other coin cuz reasons
kys

>>55351456
>just hold for 7 more years

hahhahahhahh

>just wait until 2030 bro

If you don't have an off grid residence by then, you'll never have one.

>>55351456
Never selling is not just a meme, it is a goal.

>>55351464
It’s better actually. Everyone in hindsight wishes they bought bitcoin early and another opportunity punches then in the face and they still won’t buy. I completely understand why elite view most humans as cattle after holding this shit and seeing the vax.

>Chainlink Labs should have a treasury in the dozens of billions, ensuring continued support for the following decades

How? The price would have to increase substantially for them to raise that much from selling the token. We don't even know what their expenses are.

>>55351456
anyone actually has a chart of the ratio of the remaining uncirculated link between cll share and node operators share

>>55351456
So this was the real reason Chainlink messaging started including stuff like
>"I could work on this for a long time"
>"like ten or twenty years"
Link is vaporware

>>55351456
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth
AVAX & LINK are the only alts with tangible worth
>AVAX & LINK are the only alts with tangible worth

I've been on this board for like 7 years and these posts have happened literally daily the entire time.

>>55351456
No need to wait ten years. You already know right now the Great Reset is dead on arrival.

reminder that it's literal r/buttcoin redditors that fud here

>>55353852
>its just fud
>please buy the piss yellow bags
>blackrock go..uys
>guys?

>>55353852
they also creep into r/cryptocurrency and fud link

>>55351575
483m tokens right now are not in circulation. At $5.17 a piece, that's $2.5B.

i can't actually think of crypto ogs backing chainlink
the ecosystem looked at sergey at another of those irrelevant hustlers who are not outright scammers but don't add much to the space either
think you're confusing ogs with chan newfags who hopped on board because they heard of crypto during the early 2017 rally then ico bubble

>>55353973
there were many that were actually looking to solve the trillema. The issue is, staking isn't the solution due to game theoretical issues. Afterwards one is always smarter, except zoomers, the need to learn it the hard way. I blame the everyone gets a medal mentality

>>55351456
Never seen so much Fud, 7 years NGMI. I sold all my link a while ago but will soon ape some if they actually develop , rather than making 4chan buzz, I am better in investing my money in index funds using AstraDao

>>55353990
agreed on all counts. sergey isn't dumb, oracle discussions were all the rage in 2016 and he capitalized on the ico boom to sell his story. i don't think he himself expected for the token to succeed that well

>>55351484
I can wait, I'll be 25. I'm going to use the 30k my dad gave me to buy Link.

>>55354092
the issue is staking and one can say that after mainnet, and when the question was walled garden or decentralized, that with the failures of other oracles it became very clear that an oracle cant be secured from human greed in an open space. Quadratic was tried and other patch work, but you cant change human nature, and human don't co-operate when they can make a profit, theory of common goods is collectivist bullshit that sounds nice in theory but doesnt work in reality

>>55351456
>>55351473
>>55351484
>>55351521
>>55351530
>>55353721
>>55354071
You old disgusting CHUDDY CHUDS. If waiting for 2030 means you're going to hit the 4-O in 2030 you should rope your geriatric asses NOW AHHAHAHAH

>>55354140
btw, the reason why pos is going to fail down the road and eth killed itself with going pos

>>55351456
I don't have children...

>>55354140
>theory of common goods is collectivist bullshit that sounds nice in theory but doesnt work in reality
>common good
This is not the working theory at chainlink labs as far as i can tell. Literally all they do is talk about the need to minimize trust which is the exact opposite of assuming people are trustworthy.

>>55354248
and how do they want to achieve that, with staking, which at the heart assumes that through "incentivizing" one can solve the prisoners dilemma and create pareto optimal situations, which is such a fucking bullshit born from the heads of theorists as the last 40 years or so of "social market capitalism" has shown

>>55354276
>can't back out of agreement because it is settled automatically through smart contracts
>can't jew while staking because you lose your stake
How is this akin to assuming that through ""incentivizing" one can solve the prisoners dilemma and create pareto optimal situations"? I don't think they're looking for a pareto optimal situation anyway, just one where you aren't jewed on every possible occasion (e.g MEV fags).

>>55354276
>which at the heart assumes
It assumes the exact same thing you assume, that people will act in self interest financially. Therefore matching the 'common good' as you keep calling it, with the individuals financial interest is the only logical solution.
>last 40 years or so of "social market capitalism" has shown
They were not actually trying to solve these problems 40 years ago, too much profit to be made in corruption due to less awareness of the problems and there was limited technology usage preventing viable solution.

>>55354323
The assumption is that due to positive and negative incentivization in an environment where every player can have perfect information, that non of the players is going to exploit that for personal profit. Not going to happen in a evolutionary game; its going to be exploited because it can, because it is human nature and it will always create the situation where either the smartest player profits and the honest player gets fucked or the worst outcome for all players happens; mev is perfect example and the reason eth is a predatory network that is going to eat itself down the road, and the reason why chainlink is never going to be distributed in a non walled garden

>>55354334
The Europeans tried. The result is the current fuck up, where internal and external players exploited the system so far that it has become irrational to produce for a rational players while it is rational to exploit the system

>>55354384
You're talking political, not financial. Not interested in your opinions. Politics is fake and gay. Only the numbers are real.

>>55354384
And same as europe, eth will collapse when they fail to find enough suckers to keep the system somehow stable. Only that we are currently in a high interest rate environment and the pool of suckers is drying up faster than a pussy in menopause

>>55354434
Political is dependent on financial. What happens if the interest on future debt becomes so high that the common goods financed with debt to incentivize "good" behavior become too high while still being exploited and less people being incentivized to produce. It collapses

>>55354371
your argument is that current models (and their probable improvements) for ensuring message fidelity are the optimal mix of low overhead and fault tolerance. it's not at all clear, or likely, that this is the case

>>55354459
Look how far you took this fantasy political nonsense with minimal stimuli. Ending with a post completely unrelated to the topic.
De-screen yourself for a month.

>>55354465
Path dependency is a bitch and the resources are invested into trying that path because leaving it is too expensive, well its going to lead down a cliff, but they are of course free to try

>>55354477
>fantasy
its a fucking reality and the revolution of "good" intentions has literally eaten its children

>>55354477
also go fuck yourself, and keep pumping your debt wherever you want you are going to choke on it, promised and deserved

>>55351456
Stay in your containment thread >>55354251

>>55354490
naturally, but that's where the value of the bet is. there are several costs arising from the incentives offered by opacity and institutional lash which can be dramatically reduced given more easily (albeit paid for) quantified guarantees of transparency. despite the evocative wording in sergey's presentations, chainlink isn't in the business of completely eliminating these costs; they intend to reduce them and make them more easily hedged against, which is probably not as daunting as your argument would have it seem.

>>55354656
keep trying but the outcome is going to either going to be never a real open distributed network or one that just waits to be exploited

>>55353689
No DiD and AI narratives? Ngmi

>>55354723
>narratives
The reason why crypto is dying. It depends too much on social engineering and trying to refill the pool of victims and suckers by obfuscating the predatory nature, especially of evm scams

>>55354669
that's a tautological argument. every system is one that 'waits to be exploited.'
including the best 'real open distributed networks.' even bitcoin merely probabilizes and displaces the exploitable content of information asymmetry at the end of the day.

>>55353689
Not avax

>>55354786
Bitcoin cannot really be exploited du to pow and the implications of limited energy resources, hardware and the relative prices. If you don't understand that, you are either disingenuous or haven't lurked enough. Anyway This board is totally
pestiferous with scammers; it dies deterministically, there is really no reason to stay here anymore

>>55351456
What is the make it stack?

>>55351484
Is that or waiting +20 years for retirement. Make your choice.

>>55355048
zero

>>55354521
>>55354532
This is the point at which the pseud's brain broke entirely instead of conceding.

Before you de-screen yourself like the other guy suggests - you should actually read both whitepapers and watch a few of Serg's talks. I mean that. There will be no more "good intentions" when it comes to the contracts which will be using links protocol in its matured state. Only agreements and the mathematics which will enforce them.

>>55355287
... Sycophants. Collectivist sycophants..enjoy cannibalization.

>>55355301
IM GONNA KEEP BUYING LIKE THE DIRTY HORNY SCYOPHANT I AM

>>55355435
based, fuck the fuddies

>>55355435
Go on. There not many suckers left and there are likely not many suckers to come anytime soon, every sucker needed, only that crapto is a niche epistemic community with blinders and not a greater society

>>55351456
Weird becomes deflationary at top of next cycle

>>55355456
Every sucker needed, just like the token. I’m buying more. Oh yessss I hate holding gay fiat dollers but my self-custody LINK Tokens make me feel incredible!

>>55355435
gay muslim chainlink buyer here and I endorse this message

>>55355435
based!
21/6 tomorrow
fednow in july
hold on tight friends we might see one or two more desperation moves

The token isn't needed

>>55354875
the idea with BTC is to get more people consuming energy from some grid and paying tax on that energy consumption. BTC has nothing to do with stopping bank bail outs and ending the FED or whatever you guys keep spamming. BTC is just a way to keep you reliant on grid energy, dependent on the system you are apparently trying to defeat

>>55355301
>s-sycophants.... p-psychopants
Not an argument. Get off the pc, midwit.

>>55355556
And leave you epistemic community of blinders wearing collectivists just use this platform as another hub to scam people. Cannibalize yourself while I comment from time to time on it

>>55355647
>i-it's a scam, honest!
>c-cannibals! sycophants!
>ill just comment from time to time on it (every single day)
More nothing
Yawn

>>55351456
I'd just like to say when I make it with LINK I plan to open a steak house in Florida, with a
Grass fed morally raised and killed beef
As linkies we have a duty to spread good in the world.
That's how I choose to make my contribution

>>55355726
Not a scam. A theoretical idea that doesn't work in reality in a distributed ledger without training wheels. A failed idea, like the entire distributed ledger bloat past btc. A path that was tried under assumptions that don't work in reality. And some are bound to continue the path and either fall off a cliff or cannibalize each other on the way

>>55355923
>i-it's a failed idea!
Swift, Schmidt, Citibank, and a decent amount of other institutions planning to use it / currently using it disagree, which debunks your entire argument several times over. Is this where we circle back to
>>55354521
>>55354532
because you're at an impasse due to your own ignorance or disenginuity? Those are the only two reasons I see for you continuing to make an ass of yourself anyway.

>>55353689
Based

>>55356503
Swift is a cooperative, shitybank is a bank, non of those are "institutions" non of those have anything whatsoever to do with distributed ledgers that run in the open but are part of the most walled garden one can imagine yes a failed idea

>>55351456
I'm not having kids.

>>55356522
>w-well t-those institutions and groups dont matter, f-failed idea!
So you're just a disingenuous midwit trying to gaslight. Very well. Don't let that stop you from doubling down in your defeat I guess.

>>55356590
Swift wants to replace its 40 year old messaging standard, that's all fine and dandy, but has it anything really to do with a public distributed ledger that have to work without centralized third parties, not really no? And with swift having thrown out Russia and initiated the creation of the brics own cooperative, well swift is now an extreme walled garden. It's a shit show and an experiment that started all with good intentions but is likely not going to go anywhere or kicking off any significant paradigmatic change, maybe of a third degree, which is okay. But has again not much to do with public distributed ledgers

>>55356628
>SWIFT is now fud.
We really came full circle

>>55356651
It's like with the xrp baggies last cycle, there isn't really any hope. If you want to specialize in ccip integration for traditional western fintechs, go for it, you have a higher chance to land a job than an xrp baggie, but don't expect chainlink tokens to stay anything but an erc-20 shitcoin that was used as perpetual pre-ipo by a software company that larped as a foundation that is likely going to get sued down the road

>>55354092
Oracles were never talked about until defi you nufag

>>55356628
>doubles down on bad faith posts and still expects engagement
See
>>55356590

>>55356651
It always does. The only people he can really target with this garbage are newfags who haven't seen these discussions before, which is the point I guess. But he's functionally useless in this thread now. He'll keep latching onto whatever he can but it just looks like desperation.

>>55354092
t. joined crypto 2 years ago

>>55356724
You faggots really managed to beat /xrp/shizo army in delusions. Just waiting for the day when m/eth/ addicts join your flock

>>55356752
>He'll keep latching onto whatever he can but it just looks like desperation.

>>55356752
Dude I know this may piss you off but I’m buying more Link still.

>>55356963
i know you are but what am i

>>55356774
>>55356963
I can honestly not tell if you are just language models but are going to assume it

>>55357072
>He'll keep latching onto whatever he can but it just looks like desperation.

>>55354795
only avax

language model here just bought 100k Chainlink (ticker: LINK)

>>55357072
Idk what the fuck a Language model is. But If it has anything to do with me buying more Chainlink than I’m down.

>>55358188
uh oh. the language model is malfunctioning
sergey, u better dump more link to pay for better bot programmers :}

>>55355287
> watch a few of Serg's talks
OBESE MIDWIT AND GENETIC DEAD END KEK

This road has been so tiring. If the fucking piece of shit was sitting at 40usd to 100usd there would be less complaints. I just keep rewatching the bezos 116 to 6 clip to cope

>>55351456
>Chainlink isn't get rich quick and fuck luxurious hookers until your dick falls off, but it is comfortable retirement and inter-generational wealth
How the turn tables

>>55351484
based Cleeseposter

>>55358017
Might be the time to build a diversified portfolio fet agix ocean kas rsr ator are few Altcoinistdao picks for the coming altseason

>>55351456
>Now I realize 2030 isn't a sexy pitch. 99% of retail suffer from terminal high time preference
this post is literally trying to convince you that if you're not willing to hold an unproven altcoin for 13 years you have "high time preference", instead of straight up admitting that LINK is a shit bet for the foreseeable future
being this early literally means being wrong

>>55351456
Hey genius, so why didn't you just wait until now to invest in LINK? It has been the worst performer in the top 20 for 3 years (proven by the fact it dropped out of the top 20), it is down 98% against ETH and even worse against better altcoins. If you knew that LINK will be ready to moon in 2030, why did you sat in LINK for 6 years and just looked on as you missed 2 bull markets? Kek

Why should we buy now? Why not buy in 2028 before it takes off?

>>55353925
that implies someone is ready to give away 2.5 billion dollars in exchange for tokens that just lost value for 3 years straight kek and have no solid reason to exist for the network to work

>>55360553
You can buy whenever you want, man, no need to get so emotional. Do what's right for you.

>>55360529
>making millions upon millions of $ in 13 years (it won’t even be that long, I’ve already made millions) when most normoids won’t ever hold even $100k in liquid capital in their lifetimes, let alone millions

Sure, I’ll take that easy af bet all day

MOLECH worshippers want to drink your children's blood and mev your orders and they think its funny

>>55360577
Bitcoiners did that first, and did it better
face it, you were entirely wrong about chainlink and now you're coping with muh "high time preference zoomzooms"

>>55360694
Ok, I was wrong. Will this help you sleep at night? Not selling by the way

>>55360694
>wrong

Uhm, my $50k investment in 2018 snowballed into $12M in 2021. If that’s being wrong, I don’t wanna be right!

>>55360893
congrats

>>55361200
You weren't even old enough to drink in 2010.