/biz/ - Business & Finance

>>55591316
:} starting to think its ogre for stinkies

>>55591316
We need to get the next million investors into $Link so it can pump the price and I can dump hard on their heads
t.sirgay

>>55591349
This. You only make money with link by selling it. Anyone buying link is willfully lining the pockets of those sellers.

completely unhinged

My weekly DCA for LINK just executed. I'm gonna be rich in 3 years when LINK finally pumps.

>>55591316
fudders are getting more unhinged. first it's the network isn't profitable. now it's profitable in its early access phase but it's not a lot. it's not even open to the public yet you bunch of crazies.

>>55591316
Um no sweatie $3507 every day for a year is about $1.28m. If you compare to treasury bonds which have a rate of 3-4%, say 4%, then that means chainlinks market cap only needs to fall to $32m for this revenue to be 4% of the market cap and match the yield from buying bonds. And that means as soon as chainlink goes farther down, say to $30m, this will be even more yield than bonds give.

>>55591316
so unhinged

>>55591526
>not even open to the public yet
Oh yeah I'm sure it'll be much better when the public can use it just like today's swift network

>>55591526
>>55591558
cope
price is dumping
chart

>>55591526
lol chart

>>55591476
Would be a cool mr beast video

>>55591316
I just want to know why Sergey is so fat. Chainlink be damned, what’s the reason for Sergey’s obesity?

>>55591595
He's a stoic philosopher that practices temperance and control over emotions and desires.

most cryptos are vc scams that will never make revenue so this is really positive to see

>>55591615
nice cope
i bet you think great oaks come from small seeds kek

HAHAHAHHAHA $3k?! Wow that covers like maybe 5 out of the 700+ employees daily salary.
The writing is already on the wall, chainlink makes 0 revenue and is overvalued at billions. Its entirely funded by dumping on increasingly demoralized and upset bagholders. One of these days the bagholders wont buy sergeys dumps and then you will have the death spiral to 0. I suggest you to be sitting in a chair before the music stops.

>>55591316
wait wtf what is right, says here cumulative revenue is 20k per day and growing with only two apps deployed on mainnet?
https://dune.com/ericwallach/chainlink-ccip-revenue

>>55591526
>profitable
Lmfao I dont think you know what that word means.
Profit is the leftover revenue after expenses, and chainlink is deeply in the red, they make no money for their services while they have a very expensive and bloated team of hr roasties and african WFH devs. They have to dump nonstop to pay them. But its a death spiral because due to them dumping they get less money for each link creating a negative feedback loop. Thats why every other coin has had a recovery while link is stuck flat.

>>55591749
and this is only a day after ccip officially launched?

>>55591316
Hope you bought back in op

>>55591749

>>55591553
You're leaving out that the $3507 would be split 1 billion times evenly between every token. So the real return is 0.000003507% per token. This is why Chainlink has to subsidize everything by dumping more tokens. The network isn't profitable and has a built-in timeline to scam retail.

>>55591798
this
even with staking and CCIP fully online, node staker wallets will make PENNIES at best

>>55591508
How to get such low fees?

>>55591798
>>55591880
>>55591893
care to explain? >>55591749

>>55591526
>unhinged
Erm, they're not unhinged at all, rather they're simply assholes. World is full of these morons, if you hadn't noticed. They're like NPCs in many ways. When you begin to realise this you quickly learn to ignore them. They're just nothing, Sent as an obstacle to prevent you achieving your aim.

>>55591939
lol. that is just a simple misunderstanding of the total lock value vs the transpositional throughput value of the typical smart contract network signature.

>>55591963
Be careful with that attitude you are likely to trigger a combat encounter with them

>>55591967

>>55591986
>>55591963
Just call them fags and move on frens

>>55591893
Maker/taker fees are lower. I run a script that places limit orders for me every week automatically.

>>55591606
I think he’s an n-word (nigger)

>>55591798
There are 25m LINK staked currently, there will probably never be 100b LINK staked once they are all released either.

>>55591749
>Ericwall watermark
kek that fucking loser is still spamming himself here

>>55591316
HAHAHQHQHQHQHQHQHHAHQHQHQHAHAHAHAHAHAHHAAHHAHA OH MY GOS HAHAHAHAHHAHAHAHA

>>55591963
Well they're unhinged in the way an asshole is unhinged. Arguing with people on the internet and being a troll can feel fun and satisfying but eventually most people realize what a waste of time it is. I don't think the fuddies will ever realize this. They'll grow old and look back on their lives and regret spending hours upon hours every day shitposting.

>>55591986
>>55592010
>>55592395
lol
chart
lmao
chart
lmfao even
chart

CHAINLINK GONGO DOWN

enlarge staking rewards haha

>>55592407
He's talking about how sad and pathetic you are.

>>55591893
>>55591939
coinmetro

>>55591526
>$6.87

I can FEEL your absolute desperation, holy fuck

>>55592673
see
>>55592808
kek

>>55591939

>>55592374
Eric Wall and Eric Wallach are two separate people. One used to always argue about link on Twitter with clg. The other is a link marine who makes useful charts about usage and profit.

>>55591749
DELETE THIS PLEASE PLEASE PLEASE

>>55591749
for reference, the cumulative revenue of the price feeds was $2000 after 2 MONTHS of the earliest figure, with 4 customers

https://dune.com/ericwallach/chainlink-price-feed-revenue-by-node-operator

1 week of early CCIP and 2 customers has produced in 1 week 10x what the price feeds had to produce in 2 months, or 80x times the revenue

>>55593043
token literally headed for $300 this cycle

>>55593087
yah.. in dream world

>>55593135
it's a 6x from previous ath with significantly more value lol this isn't even considering fomo from retail. Retail is not needed where we are going, but they'll be buying anyway.

In other words, 6x is modest.

>>55593162
Nice FUD

>>55593162
Nice shill

>>55593087
btw if we were to assume that CCIP revenue growth will continue in a conservative/linear manner for this month, we get 40k by the end of july

and if we were to assume that CCIP adoption speed will be similar to that of the price feeds... by january/february next year we will have ~$3.6 billion in CCIP fees alone, that is almost the entire current LINK marketcap

it's an eerie feeling, i feel like i've already won and i'm just waiting for the crowd/the other players/the referee to realize it

>>55593043
Based

>>55593210
How many CLINK to make it

>>55591316
Do you mean to tell me ive interrupted my daily fapping session with the shibart girls just to hear another batch of badly made linky advertisement
come back when you raise those prices lol

>>55593210
CCIP mainnet is currently in early access.
The testnets open up to everyone on the 20th.

It's important for the team to see how the network handles a large amount of request with unrestricted access.

>>55591749
>cumulative revenue is 20k per day and growing
>cumulative revenue is ... growing
You are misinterpreting the word cumulative in this context.
"Cumulative revenue" in this dashboard shows "revenue since inception", so it can only stay flat or go up. So the fact that it is growing is meaningless, what's important is how fast it grows (aka, how much daily revenue there is).

>cumulative revenue is 20k per day and growing
>cumulative revenue is 20k per day
So, when the stat shows around 20k of cumulative revenue (It's actually closer to $25k, but his dune dashboard isn't adding up polygon revenue correctly) it just means that *since the beginning of available data*, the total revenue has been $25k. The only "per day" thing here is how often a new bar is drawn.

>>55593326
and there u have it stinkies
thread officially over
you were all huffing copium over nothing
you are seeing mirages, fake bull signs
nothing is there

>>55593326
Why are there bars that are shorter than previous bars? if it's truly cumulative the bar should only grow.

>>55593326
Fuck off with this weak ass FUD can’t wait for assassination smart contract for fuddies

>>55593381
>already flatlined after 4 days
Kek baggies

>>55593360
>>55593381

because as I previously said, he's not adding polygon revenue correctly.
Look at the 13th, 16th, 17th and 18th.
Those were days with zero polygon revenue, therefore the orange bar should be the same size as it was before, but for some reason the number goes to zero, which is incorrect.

It's not fud.
Add the numbers up, you'll see that the orange sections going to zero on the 13, 16, 17 and 18 are a glitch.

>>55593410
wow this guy is a smart cookie
good detective skills
you stankies could learn a thing or two from him :}

>>55591427
How to sell link before buying it bros?

>>55591606
Then shouldn't he be skinny? If he practices temperance and self control?

>>55591798
You are literally addicted to this aren't you. Like a crackwhore, you want to stop, but you just can't.

>>55591316
Am I missing something here? 0.002*365 = 0.73. So they make back 73% of the 2021 dumps per year at current usage levels, with a product that’s still only in a very limited mainnet release? Sounds fucking incredible to me

>>55593381
>>55593410
ps: I don't appreciate being called a fuddie for merely mentioning basic facts that can be checked if you have a couple of functioning eyeballs.
Verification not required.

>>55593560
>implying revenue is profit
>implying sergay won’t dump
>implying it all gets paid out to linklets while linklets eat the entire dilution and future dilution

>>55593560
>Am I missing something here?
You *are* missing something.

The revenue number is nice to have (it's the most we'll have), and fun to play with but there is no way of knowing what percentage of that revenue is actually profit, and how much of it is cost.
Why is that relevant?
Because most running costs (electricity, computing, etc) cannot be paid in LINK. So a portion of revenue NEEDS to be sold in order to cover costs. We don't know which portion. Hopefully it's a small one, but we can only speculate. So this revenue number needs to be multiplied by an unknown factor (<1) in order to get to the actual number of LINK being "made" by chainlink.

Verification not required

>>55593586
Not sure how else they fund the roasties but this was based on comparing revenue to the 2021 dump total. I don’t know how the money from the dumping was used, but I assume it was mostly to fund the company, unless that was all VC funding and the dumping was just to feed sergey? But many companies are not profitable in the early stages, just look at Uber. Whether they can turn a profit later depends on adoption, but if it’s doing this wel right now, it seems like a sure thing to me

>>55591316
You mean a few test transactions they did themselves?

>>55593625
it's live on mainnet for select users (snx, aave and 20 to come)
testnet goes live tomorrow

>>55593604
What exactly are the costs to the Chainlink node? I mean, they don't run on a POW system.

>>55593633
So it literally hasn't been used for a single real transaction yet. All of this revenue is from employees at Chainlink testing the network on main net.

>>55594039
>What exactly are the costs to the Chainlink node?
I don't know.
All I know is that the "commiting DON", the "executing DON" and the "ARM network" all three need to be run, and they aren't free. They have offchain components don't run for free. I have no idea how to even begin estimating running costs.

>>55592395
A) its clearly gotten to you and B) eveything youre saying also applies to you. Youve wasted 5 years simping for a cult that scams you.

Dont come on here w alligator tears. Linkies are the most arrogant group in crypto. You guys brought this on yourself

>>55592980
This is one of the most cringe takes on biz. You actually think youre privy to some elite secret investment hahahahahahahahahahaahahahaha man what a loser

>>55594175
>Dont come on here w alligator tears. Linkies are the most arrogant group in crypto. You guys brought this on yourself
this
so much this
have 500 upvotes

>>55591316
Should I exchange a few eth to complete half a sui stack?
>3500 LINK
>9 ETH

Big brain autists I kneel, please.

>>55593326
>6 years and billions in fundraisint
>$25k total revenue

AHHHHHHHHH HAHAHAHAHAHAHAHAHAHAHAHAHHAUAHAHAHAHHAHAHAHAHAHAHAHAHAAHAHAHAAHAHAHAHAHAHAHA. dude stop Im literally choking. This may be the worst company of all time. Didnt Theranos actually have some sales?

You nig nogs took a day and a half off. Then had a faggot pow wow and came up with this..
Reddit tier predictable

>>55594211
there are so many startups that are even worse valued in the billions and literally are losing money. Welcome to tech

>>55593210
Remember, there's a separate "Internet of contracts" for banks' private blockchains that Chainlink is servicing with CCIP.

>>55591749 only gives half the story.

>>55591316
The token is not needed. LINK is going to 0

>>55594309
this :}

is 5.6k LINK enough to make it by 2025?

>>55594558
is it staked? :}

>>55594558
Make it where? Skid row?

>>55594558
how does 5.6 million dollars sound?

Patrick Collins is absolutely seething Chainlink CCIP has dropped.
He has been paid millions in cash (tax free) not to mention it.
In two weeks Patrick Collins will begin his nonstop nauseating shilling of Dan Elitzer from Paradigm totally fucked up oracleless scam.
Anon expert commentators on Crypto Code called this project "the worst fucking code I have ever seen in my goddamn life; what sort of retard wrote this code". Time will tell if Patrick Collin's pivot plays out
Like Subscribe and Share for More Crypto Twitter Hot Takes 'On Twitter, Where All the Good Posters Went'

>>55594719
Didn't he used to work for Chainlink?

>>55594777
Checked. Unfortunately Patrick Collins believes that toxic incels, racists, and the LQGBTi LINK marines are not welcome in his VC funded utopia so he did us all a solid by betraying his former employer. Not sure if they left on good terms. I heard he wanted to set the building on fire like Milton from Office Space. Luckily Chainlink has no office for him to light on fire.

>>55591316
Wow only 1400 years!!!!

>>55594558
how does $0 sound?

>>55591316
We just need to bide our time stink-marines. our day will come! see you guys at the citadel in the year 3423!

>>55594777
Checked. Yes and then he left to create his own company. I'm not sure what the new company is but Patrick will be speaking at SmartCon.

>>55594558
It's $6 and it's 2023. You work it out based on the trajectory since 2017.

>>55593043
nobody used defi back then
now 2 biggest apps aave and snx are already on mainnet and usage is low. adding more chains won't change much

>>55594175
t. unhinged poorfag

>>55594175
>A) its clearly gotten to you
Says the faggot who proudly states how triggered he got by Linkies.

>>55594844
>faggots eject themselves from Chainlink because le ebil nazis
Bullish

looks like the CCIP pump is already finished. maybe economics 2.0 literally means $2.0

>>55597062
>looks like the CCIP pump is already finished
No shit, they dumped Bitcoin below $30k the second it was launched.

>>55597084
schizo detected
doctor, someone needs his medication :}

>>55591339
>>55591568
>>55591626
>>55591880
>>55591967
>>55593135
>>55593200
>>55593339
>>55593418
>>55594196
>>55594318
>>55594618
>>55597119
Oh look its the curly braces faggot again

Absolutely seething

>>55597119
Look at the charts.

>>55597186
nice mass reply. i think we can safely say you are triggered :}

>>55597188
oh I can assure you, I have. and link certainly looks like a dead shiitecoin :}

>>55595781
Price feeds are free for users, ccip is not

>>55594777
Is an advisor now. Sacred trips but ignore that shitposter, Patrick does incredible work for the industry in teaching Web3 development.

>>55595517
Started an auditing company since security and debugging is his shindig.

>>55591963
I have to agree the reaction post-CCIP seems to have swung the needle away from LINK baggies being the ones with unreasonably biased takes. CCIP can't really be seen as anything other than a boon for the industry. Unlike others, I do simply attribute this to the pisspoor price action, but nonetheless it's quite telling how shamelessly the fud evolves states. Even when they deliver something undeniably impressive, fundamentally important, token needed, it's not good enough because no "singularity" occurred. In some ways, I think 2017 set things up to fail where LINK didn't stick the landing in the top 5 after a cycle.

kek fuddies
trying to fud CCIP when the launch has already been better than even the most optimistic expectations. I can't wait for public access opening tomorrow to see revenue start going parabolic

>>55597859
if it was such a success, how come price = dump :}
face it, your investment is a failure
sergey and his team of dorks and roasties have done great
but not you :}

>>55597859
How? The price has gone DOWN

>>55598138
>if it was such a success, how come price = dump
Bitcoin instantly crashed through the 30k support

>>55597859
>I can't wait for public access opening tomorrow to see revenue start going parabolic
Tomorrow opens up the testnet to the public. Do testnet txs actually use real Link?

Wtf? How did Steller surpass Chainlink?

>>55598138
not selling :}

>>55598183
ah yes, the last refuge of the stinkie linkie: insane conspiracy theories :}

>>55598307
ah yes, the second to last refuge of the stinkie linkie: deluded le hodling even when it's obvious they should le sell :}

poo poo and fart fart and wee wee and poop

What cars will you guys be driving when LINK hits $1000 eoy?
For me, it's a 20 year old Aston Martin, costs only around 60k. Besides that I would get some toyota for daily commuting

>>55598391
le sorry :}

>>55591316
>That means in less than 1400 years from today, Chainlink will be profitable!
from link to linkedin...

>>55591316
NIGGER NIGGER IM NOT SELLING

>>55598391
>conspiracy theories
It’s literally what happened

>>55598470
it's called a coincidence

>>55591316
I just want to know why Sergey is so obese :(

>>55598481
Even if it is, it killed any momentum from the news.

>>55598481
>17 pbtd

Just bought 5 more Link
>captcha = S0YH0

>>55598575
>1pbtid

>>55591749
it literally started on the 7th of the 7th 2+0+2+3.....777

We are gonna be so fucking rich buddy boyos

>>55598633
checked

>>55598445
I’ll get a f350 and a fiat 500 abarth imported because they don’t sell it new in niggermerica. As a hypochondriac I refuse to buy old

>>55598430
Honestly this

>>55598199
No. Dunno why anon said that. The price will increase when some craze starts akin to DeFi summer 2020, whether in the public blockchain world or in the private blockchain world.

>>55593360
>>55593381
It's now fixed
picrel and linkrel
https://dune.com/ericwallach/chainlink-ccip-revenue

>>55593418
>>55594318
>>55594618

I have a feeling this is uncleoldfag, and he can't handle being anonymous since he was outed as a fudster. So, he's using the :} smile as his new signature.

Thoughts?

>>55598445
A new family car like a van which is also useful for hauling shit for the house around. I won't buy a sportscar (Porsche 911) until everything else is taken Care of.

>>55598445
For me? A 2003 toyota corolla

>>55594558
Depends what you consider making it. We're all different with different wants and needs.

In my opinion, yes, definitely.

>>55599859
get rekt stinkies
CUMULATIVE CHART
you lose :}

>>55591316
Scam shit. Own land, guns, silver and gold. Food and water. Know a useful trade.

Bomp

>>55591615
Look into Zenon frog fren

>>55601312
not selling :}

>>55603506
but you should :}
if you don't you are consciously self-sabotaging yourself which is sad :} might wanna consult with a therapist about that :}

>>55599834
I remember when screenshots from bscscan were posted on here when bsc launched, before it mooned, I wish I'd bought

>>55603598
Where did you get this picture of me when I was skinnier

>>55603613
can't afford it :}

>>55603598
the bizjannies don't ban for posting 'cado?

Is it worth reading anything into these stats at all on a testnet where the fees etc. are likely set at a unrealistic rate (as it's simply a test system) and where we have no idea what the volume would be in production?

Even when the public test net goes live wouldn't that be the same?

>>55603778
what was it

>>55598445
2023 hyundai sonata hybrid.

>>55597186
>"Absolutely seething"
>Mass reply
KEK

>>55598633
>dusts off link folder