/biz/ - Business & Finance

it's ok :} i hear linkies are just 'in it for the tech'
i'm sure they are perfectly fine waiting 30-40 years for their poomperino :}

Either way though, $1 or $10M in annual revenue for a billion dollar valuation is head scratching. No wonder price does nothing. Not only does this have shit fundamentals, its also not speculative

>>55605470
That's with only developers using it. So, we'll see what habbens, with time.

>>55605435
that's for ccip that launched two days ago with two users retard

>>55605435
I agree with your analysis. Best tosell your link now, or even better short it.

>>55605435
>1.6 million anual revenue
>Sergey dumped over 140 million link ($840 million) year 2022 alone

I’m starting to think Sergey is really just a fucking fat scammer

Explain how this is bullish you fucking filthy nigger piece of shit

>>55605435
Imagine a software company with no product, no sales, no growth, a skeleton staff of HR personnel, registerered offshore in a tax haven away from US regulatory scrutiny with a BILLION dollar valuation...

WHO IS PAYING FOR THIS NONSENSE?!

>>55607684
>Sergey is really just a fucking fat scammer
he is

>>55607712
I’m starting to see the board’s sentiment turn against Chainlink. Not funny ironic FUD, but now you can really see anons unironically calling Sergey a retard.

My guess is that he has so much money on his treasury from the massive dumps these last 3 years that he just doesn’t care about the price action. FUCKING FAT ASS, GET TO WORK

>>55607684
LINKcels literally do not have ANY answer and go into an NPC blank stare the moment you show them evidence of persistent token dumps to the exchanges that dwarfs any claimed revenue from their software services.

>>55605435
Sorry btw man, thought you were saying it was undervalued kek

The fat man is so shit at his job that seeing even the slightest hint of a shill makes me see red hah

>>55607749
How do we open their eyes? Can their eyes even be opened?

This project is salvageable if Sergey stops being so fat and gets to work. He should trim down the fat of his business as well as his own.

His bodily dumps are directly proportional to his business dumps and they must diminish.

Sergey and Chainlink labs have become one

>>55605435
>>55605445
>>55607652
>>55607684
>>55607701
The Chainlink token (Ticker: Link) is going to $1,000 ea by EoY

>>55607786
>This project is salvageable

It isn't. A software company that funds itself illegally with public money via an unauthorized security (aka the token) and then after 6 years produces nothing and uses the money to pay off celebrity endorsements and spots at software conferences, would be put out of its misery and its founders thrown in prison within 12 months.

>>55607796
No one, NO ONE, is going to pay more than your break-even purchase price on this shitcoin.

>>55607808
>>55607674
kek

>>55607832
At this point I hope the fudders are real and don't actually hold link. Their only choice would be to rope

>>55607855
What’s your price prediction for link?

>>55607855
just so you know
>>55607868
and
>>55607808
are the same anon

>>55607875
Cute.

Now, price prediction?

>>55607905
you don't want to lie but you also don't want to tell the truth. it's almost like you're being paid to post. you're obviously not a janny but i can't quite rule out the possibility that you're a tranny. your question is meaningless without a time frame. bitcoin went from 50 cents to $60k over the course of 12ish years.

>>55607749
just a blank stare
link incels are the low iq normies they claim to hate
reddit tier trash

>>55607919
>Incel bible

Nigger, why the fuck would I get paid to post in this nest full of retards like you? Is that was the case whoever paid me would probably be more stupid than you.

Now, state your price prediction or stfu man

>>55607684
It's actually incredible that the token price is still as high as it is with this in mind. One wonders where that money is going, is Sergey Nazarov a billionaire?
>>55607701
>Skeleton crew
I wouldn't be surprised if they ran overhead of seven figures a month.

The fact that the US government hasn't taken interest in Link is a bit of a mystery to me. Maybe a jurisdiction question, but still. I'd think they'd want to litigate to at least de list it from exchanges; maybe Sergey is spending to lobby big wigs like Brin to pull strings at the SEC for him

>>55607930
price when? tomorrow? 5 years? 20? max all time?

>>55605435
>Chainlink is overvalued, look at its revenue
Compared to what?
What revenue do BTC and ETH have?

Also that chart is just for the current mainnet CCIP transactions, which is a couple hundred transactions by Aave and SNX. That fact that it's already at 28k after a few days is pretty insane.

>>55607938
End of year for each of the next 10 years

>>55607801
Which begs the question - then why hasn't any legal action been taken? It seems so incredibly cut and dry.

>>55607947
>why hasn't any legal action been taken
Because Chainlink never shilled the token price, unlike XRP.

>>55607945
The Chainlink token (Ticker: Link) will be $1,000 ea EoY

>>55607955
Fair enough - is it really just a small group of dedicated shills like CLG? Seems like the hype around Chainlink is always - ALWAYS talking about price action, which is strange since you're right, I've never actually seen anyone affiliated with it talk directly about price action.

I'm no expert but is it really just as easy to skirt securities laws as just not talking about price action directly and just implying it with jargon about TVL and staking etc?

>>55607976
The more indirect and vague, the harder it is to prove in court.

Look at the latest Ripple pronouncement: the court found that Ripple was indeed trying to sell securities by shilling the token price, but the tokens they sold anonymously via exchanges are off the hook because nobody can prove that the buyers knew they were buying from Ripple.
Only the tokens they sold directly (to institutions) count as securities.
The standard is pretty damn high at every stage of the entire shilling-selling-buying process.

chat gpt bot thread

>>55607995
Nah just OP circlejerking himself with all his IDs.

>>55607998
fuck off bot

>>55607963
Sure anon. We’re almost there at $7

>>55607994
>Only the tokens they sold directly (to institutions) count as securities.
And only because Ripple shilled the token price so much.

>>55607994
If it's really that hands off I applaud the SEC for treading lightly. I personally would not touch CL with a ten foot pole (for reasons stated in >>55607801 >>55607701 >>55607684) but I'd people want to do that shit because some anonymous Twitter hype account with a Pepe avatar said it was gonna 1000x who is the SEC to tell em no.

>>55607995
I can prove this is not a bot thread. Ahem…

YOU ARE A NIGGERRRRRRR

Bots can’t say the n-word

>>55608013
>>55608014
>>55608019
chat gpt bots

>>55608014
>some anonymous Twitter hype account with a Pepe avatar said it was gonna 1000x
They only say that because it's true.

>>55608022
Well what does it say about you then that IDs you think are CGPT bots contribute more to the discussion than you do faggot
>>55608023
Sounds like hopium but OK. Y'all are always saying that $1000 EOY cope. I could see $20 EOY tops.

>>55608041
>incoherent bot dribble
not surprised

>>55607749
Concern trolling

>>55608041
Kek the squirrel always gets me

>>55608079
Shit I hadn't seen it in that one yet
>>55608014
Gets me every single time. The cursive writing - every historical era of EVROPE represented. it's just perfect.
>>55608077
Checked but is it though? If Sergey has a burn rate on the order of hundreds of millions a year that's quite a gap to bridge with CCIP.

>>55608094
>If Sergey has a burn rate on the order of hundreds of millions a year that's quite a gap to bridge with CCIP.
Funny how this logic only applies to Chainlink.
Bitcoin's inflation rate was like 90% per annum during the early years, and yet that is precisely when it made its biggest gains.

>>55608109
Ok cool but you can probably understand why people would be skeptical when you start implying CL would need an adoption rate or marker cap similar to BTC to become a viable project for its stakeholders right?

>>55608122
Chainlink's adoption rate has been skyrocketing for many years now.
And adoption by Swift would absolutely dwarf Bitcoin's home miner adoption, which was all it had before end of 2013.

>>55608132
>Chainlink's adoption rate has been skyrocketing for many years now.

Why hasn’t links price reflected this?

>And adoption by Swift would absolutely dwarf Bitcoin's home miner adoption

Wishful thinking, my negro

>>55608132
Anon if I'm a painter and I go to your house and I ask if I can paint your house for free and do this for you and the whole block how successful am I?

>>55605470
>Either way though, $1 or $10M in annual revenue for a billion dollar valuation is head scratching
I guess, for a retard like yourself..

>>55608150
>Why hasn’t links price reflected this?
Just to give an example: arguably one of the bigger breakthroughs in terms of Link adoption was Compound, and Bitcoin instadumped 10% on that news.
Nothing can pump and gain momentum when every major milestone gets undercut like that.

>Wishful thinking
What?

>>55608154
To use the same example as above: Compound switched to Chainlink because their in-house oracle (which they developed with Coinbase) failed spectacularly.
Guess how many failures their oracle system has had since switching to Chainlink?
Also Compound always had to pay for the Chainlink feeds, there are even receipts.

>>55608167
Ok man we get it, Chainlink is the superior solution. When will the price action stop being putrid shit?

>>55608181
It's a stone-cold fact that Link would have easily reached triple digits if Bitcoin hadn't dumped on every Link news or pump.
Either that series of complete coincidences stops, or Chainlink overcomes another such instance with raw pumping power.

>>55608209
Ok so you don’t know when link’s price action will stop being putrid shit?

>>55608215
I know exactly when that will happen, I'm just not telling you.

>>55608223
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Visit pepefork.vip for more information.

PEPEF will have a market cap of $10,000 at the time of launch.and will be a low-mcap launch. The ETH collected on the presale will be used to provide liquidity for the token. The presale address will be KYC'd.


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>>55608223
You can join the @pepeforkwhitelistbot (Telegram Bot) to participate in the 5 ETH hardcap presale.

Visit pepefork.vip for more information.

PEPEF will have a market cap of $10,000 at the time of launch.and will be a low-mcap launch. The ETH collected on the presale will be used to provide liquidity for the token. The presale address will be KYC'd.


My referral code is: MPECR4 (I get %20 more tokens if you use ty)

>>55608223
haha alright man. I can tell you though, it’ll never happen

>>55608109
>this logic only applies to Chainlink
it applies to every other project as well. we are talking about Chainlink though. are you slow?

>>55608280
>it applies to every other project as well
It really really does not.

This thread is about Chainlink's revenue; what revenue do BTC and ETH have?
Then the point about token inflation; probably half of crypto inflates their supply harder than Sergey and has a fraction of Chainlink's utility, yet they pump no problem.

I truly believe Chainlink is pumping because of all the fags in this thread crying about it. The pendulum is swinging back. Linkies have been truly humbled and now it is the fuddies turn to redeem their karmic debt. Yes, sirs, you will redeem.

>>55608339
Most “fudders” hold chainlink and are complaining about the shit price action.

Everyone would be happy if link pumped, but Sergey the fatass has to dump millions of link to suppress the price after every small pump

>>55608356
>Most “fudders” hold chainlink and are complaining about the shit price action.
boy you should've seen the fud back when Link beat the shit out of the entire market.

>Sergey the fatass has to dump millions of link to suppress the price after every small pump
Funny how that never stopped any other crypto.
Bitcoin itself dumped 90% of its circulating supply per year back in 2010-2011-2012.

>>55608356
Plenty of actual fudders in this thread besides the usual "fud for fun" fags. If you're here long enough it becomes quite trivial to spot them.

>>55608374
>Funny how that never stopped any other crypto. Bitcoin itself dumped 90% of its circulating supply per year back in 2010-2011-2012.

Ok let’s try getting to the bottom of the issue then.

Why other projects pump and chainlink doesn’t? My guess would be that the Chainlink team is in it and they try to keep the price stable, as their main priority is stability and controlled growth of the network vs pumping the price

>>55608400
Good question. XLM has (had) similar marketcap to Chainlink, same amount of uncirculated supply, same rate of token emission, is a 2017 alt, and arguably fits the description "Dead shitcoin" way better than Chainlink. And yet, it was pumped hard and is STILL pumping harder than Chainlink for some reason. The only explanation here is that some people find it important that LINK does not pump. Whether that is Sergey & Co or another party (or parties) entirely is not something I know.

>>55608400
>Why other projects pump and chainlink doesn’t?
Because pic related.

>>55608428
Who’s dumping bitcoin? Couldn’t it be possible for Sergey or his friends to have a cache of btc and dump it for USD whenever link is pumping?

Wouldn’t this be a win win situation for Sergey (keeps network stable) and his friends (can safely exit btc to usd)?

>>55605435
I also have to say I am happy that it pumps after CELSIUS has dumped all their link tokens.

Fuck you Mashinsky.

>>55608441
Why would they wait until Link pumps to dump their BTC for USD?

>>55608455
So as to keep link within a certain threshold. Let’s say $6 to $8

The link chart has been extremely stable within that range for a long time

>>55608471
That requires two very distinct objectives and motivations.
The only reason you instantly jump to a complex theory like that is because you absolutely want to implicate Sergey in it.

>>55608499
Ok what’s your best guess for link not being able to pump?

>>55608506
Bitcoin dumping at nearly every key Link news and pump.

>>55608511
Why does Bitcoin dump at key points when link is pumping?

Are we able to see who’s doing the dumping?

Can anyone refute this? Why is revenue so low?

>>55608523
>Why does Bitcoin dump at key points when link is pumping?
Either it's a coincidence (unlikely) or someone just doesn't want Link to go up.

>Are we able to see who’s doing the dumping?
Probably not. Exchanges might see the accounts doing the dumping.

>>55608548
Because it's only Aave and SNX making select transactions on mainnet for now. It just got launched.

Why is Bitcoin and ETH revenue 0?

>>55608523
There used to be a few autists tracking LINK shorts on certain DeFi exchanges. Sadly it's impossible to do so on CeFi.

What you kek fuddies don't realzie is that chainlink will never go to zero.
And assuming it will also never go above 7 (kek fuddies) then that means you are here forever, fudding my bags.
kek fuddies

ITT
SWINGIES
NOLINKERS
BAGGIES WHO BOUGHT THE TOP

ALL I SEE IS COPE COPE COPE, I WILL NEVER SELLLLLLLLL
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHAHAHAHAHAHAHAHAHAHAHA

>>55608549
>Probably not. Exchanges might see the accounts doing the dumping.

>>55608651
>There used to be a few autists tracking LINK shorts on certain DeFi exchanges. Sadly it's impossible to do so on CeFi.

What’s the exchange with the highest BTC volume? I think it’s binance no? Cant we just track who owns the biggest BTC wallets in binance by taking a look at the initial deposits into binances wallets?

Chainlink is about to dump btw, it just reached $8.00

I’ll keep an eye on any BTC movements and let you know if I see anything weird

>>55608901
Naw timeline shifted after retail sees what Sergei has to say at ETHCC these prices will never be seen again

>>55608891
Large transactions into exchanges are always tracked by Twitter accounts like Whale Alerts. I doubt you can compile any useful information out of that information though, considering anything that happens after the initial deposit into Binance is dark to us. They could be washtrading some 3m volume chinkcoin indefinitely with that BTC for all we know.

>>55608909
One can only hope the fatman starts shilling link so it can pump

>>55608947
There must be a way to know who’s dumping btc during times link is pumping.

Aren’t there any binance data leaks that we can use or something? I’ll take a look

>>55608986
Keep us posted bud

>>55605435
>How the hell does it even have a billion dollar valuation now?
wow that's it? that seems wildly undervalued in my opinion.