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55691358 No.55691358 [Reply] [Original]

Here's the thing about Chainlink's monopoly.

VCs were fine with letting them monopolize the price feed layer because the price feed market doesn't generate meaningful revenue, and as a matter of fact, operates at a loss. Chainlink was actually used as a cuck layer for the first years of defi, they enabled entire use cases while paying out of their own pocket and receiving nothing in return, while the VCs made money from the dapps and chains using Chainlink.

The cross chain and bridge market though? It's a completely different beast, because whoever crosses the bridges has to pay the toll. Value extraction is built in and it scales with usage. Let me tell you they won't let Chainlink replicate the same monopoly on this front, because it's a sector they want control over for themselves. VCs fund their own ecosystems and because they control most of the chains and dapps they will internally veto the adoption of CCIP and instead strong-arm their devs into using their own cross chain projects so value can flow back to themselves instead of letting a competitive entity extract their value. Remember this. It's all about value extraction and ccip is the biggest threat to the only thing they care about.

But their resistance will be futile because Chainlink has institutions like Swift and dtcc in their corner. VCs aren't real whales, they are goldfish compared to them.

Which is why they're all funding cross chain competitors now. Just like previously you saw a new L1 every week, and now a new L2 every month, the next narrative will be them trying to shill new ccip killers.

And here's the thing no one has seemingly priced in about ccip. It's percentage based, and it's 100% user charges. It's not a flat payment and there are no subsidies. The crazy thing is that Chainlink as it currently stands is only priced in for the price feed model, which is actually worthless and tiny compared to the enormous value extraction and profit generation potential of ccip.

>> No.55691366

>>55691358
Please shut up faggit

>> No.55691380

>>55691358
here's the thing about your high effort turd: nobody cares and you've wasted your effort.

>> No.55691403
File: 477 KB, 700x479, looking.png [View same] [iqdb] [saucenao] [google]
55691403

>>55691358
zomg thanks for hopium fellow marine!!!!

>> No.55691439

>>55691358
except that VCs have been trying to push the crosschai agenda for so damn long through all those "bridges" they endorsed. i'm convinced they are starting to get tired, they don't have what it takes to challenge chainlink, so it's a lost battle before even starting.

chainlink has waited for practically all the bridges getting hacked. who's left? what VC didnt invest in some bridge that got hacked?

it's literally over for them, before it has even started.

>> No.55691645

But can chainlink be worth the big bucks soon so I dont have to wage 14 hour days 3 days a week just to live?

>> No.55691661
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55691661

I'd like the time to pursue my own endeavours and I dont want to have to wage anymore.

>> No.55691751

tldr
chainlink is a bridge troll
utility creation is a game of attrition
vcs might get in early but they all will pay up for blockchain services
vc cant afford their oracle bill
so they are forced to leave crypto for greener pastures ai and superconductors
these are not easy money spaces like crypto
so they also fund niche capital intensive choose your own oracle protocols.
chainlink is losing market share due to the creation of controlled environments with controlled oracles feeding them false data.
chainlink is the only game left looking to protect users. even arbitrum fell victim to the vcs and launch another new token not needed with a special vc premine

>> No.55691759

>>55691358
Summarized well

>> No.55691932

>>55691358
Top post and they can't stop what's coming.
>>55691366
>>55691380
Look at these 2 clowns. The fud is looking more desperate and weak with each day. I think quite a few of the fudders have abandoned ship or ha e stopped being paid or whatever it is, leaving only the likes of these bozos and that screeching arsebandit Michael.
We're all going to be quite happy by the year's end, I feel.

>> No.55691971

FSS has the same kind of revenue potential as CCIP

>> No.55692181

>>55691358
but everything that was vc funded has been a blatant pump and dump on retail jsut to extract as much money as possible and leave the project to die, just look at icp nice tech on the surface but was strangled before it even began
so how are vcs ever gonna build a ccip competitor that doesnt get hacked in the first few weeks
every big exchange and most defis have tried to stop paying chainlink and even them found out the link fee is the far far cheaper option
so yeah the vcs can try but they will fail and their funding isnt as gargantuan anymore in a high rates environment where they have to pick and choice their battles

that said this is about actual utility the real joke is that in this cycle so the next 2 and a half yearish these scams will see bigger appreciation than link itself but like all the l1 scamcoins only the real deal link in this case will exist by 2028
clownworld is gonna clown i guess

>> No.55692242

>>55692181
You're talking like they are working on thin profit margins or dealing with complicated investors here. The game hasn't changed, only the timeline has, but as long as they can dump on retail its near infinite profit. They are going to push it until either genuine adoption and/or serious regulation makes it impossible to do so.

So your last line is correct, but even if only link is left standing, they're still going to siphon as much retail money as possible as long as the casino remains open.

>> No.55692469
File: 429 KB, 839x2089, vc3.jpg [View same] [iqdb] [saucenao] [google]
55692469

>>55691358
>>55691439
based. makes me wonder what the retail narrative landscape will look like over the next few years. their projects are dying off and real infrastructure already has insurmountable moats but the VCs still control the crypto media. maybe they'll just get bought up by legacy media.

>> No.55692504

>>55692242
i should have specified i mean most vc firms do not have the necessary credit lines opne anymore to really fund a ccip competitor that has a real chance of winning
for not only do they need to catch up to 6 years of hands on development of cll by some high tier autists with their pay to play mercenary grifters
on top of that they also need to subsidies their network to even have a chance of taking off
few of these clowns have the depth of pocket necessary for that without compromising their other ventures
and to emphasize all that not to win the race, but simply to build a grift to stop the real competition

so yes they will marketing push a bunch of garbage that will get most exposure scam a lot of new retail
and sergey and his fucking cuck mentality on fighting back is to blame for a lot of this
and at worst they can stop some silly chain from adapting ccip in the next 2 years, but thats it
all the big relevent ones and all the big real defi products are on board with sergey
just watch them squeal once real cross chain smart contracts get deployed
they have nothing and i stress NOTHING to throw against that
however doesnt mean we the holders will see good returns this year or next

>> No.55692532

>>55692469
30 to 1 multiplier on their funding and people wonder why we hate vcs
thats a massive dumpage on any retail when they can get in at first simply on that alone
this retardation is what icos fixed by given anyone a fair entry, but fucking gary had to kill that so the usual suspects dont lose their unfair trading edge of riskless dumps on retail

>> No.55692545

>>55691358
Niggers.

>> No.55692566

>>55691358
I honestly don’t give a shit where the price of link goes. I don’t care if it goes to 100$ tomorrow or 5 years from now. All I’m concerned about is having the least amount of black people owning this coin as possible. That is why I FUD this coin. I don’t care if some white reddit faggots get on board because they find out more and more about it before it takes off. If it takes 5 years for link to moon and that means more black people end up selling because they need to buy more pork rinds... then that is the optimal mooning timeframe for me.

And make no mistake all you black linkmarines out there. You will undoubtedly be invited to the yacht party when it happens and I’m personally going to sell 50 or so link to build you your own seperate faucet to drink cheap malt liquor out of on a seperate area of the yacht while the rest of us have a faucet with Grey goose vodka pouring out of it.

>> No.55692588
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55692588

>>55691358
Except you have been claiming VC supression for the past 3 years, not just since CCIP. And even if it were true that they dont care about price feeds themselves, they would have been able to see that something like CCIP would eventually come as a result of chainlink's long standing performance in the price feed category.

Also who tf is making all these hopium posts today with the same writing style?

>> No.55692742

>>55692588
chainlink recently acquired themselves a bunch of paid advocates so yeah it is what it is
they arent sending the best, but at least its better than that deranged cuck fud posting

>> No.55693096

>>55692742
>cuck spam stops around the time Fernando Pérez Algaba was murdered
really makes you think

>> No.55693249

>>55693096
literally who

>> No.55693280

>>55693249
https://www.indiatoday.in/technology/news/story/crypto-influencer-fernando-perez-algabas-chopped-body-found-stuffed-in-a-suitcase-2413061-2023-07-28

>> No.55693292
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55693292

>>55691358
Tossing pearls to swine

>> No.55693295

>>55693096
>>55693280
>implying
https://www.youtube.com/watch?v=d-Z_vrXdRF8

>> No.55693351

>>55693295
Sergey can barely afford to cover the costs of DeFi subsidies. This was a straight up VC mafia hit paid for in USDC crypto killer's choice.
I am 99.995% HIV positive on this.

>> No.55693360

>>55691358
They admit LINK is a security.

>> No.55693394
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55693394

>>55691358
yep

>> No.55693395

>>55693351
honestly i think it's just some third world rich fuckface gloating on insta that pissed off the wrong favela monkey or made somebody jealous.
you wouldn't believe for what kind of chump change some people would be willing to do this kind of thing, and never underestimate the stupidity and greed of some poor favelanigger.

>> No.55693474

the way that chainlink's trajectory will play out is almost divine justice I've never seen anywhere else. The fact that 1 company will deliver 3 products like 3 curses on the pharaoh:

Link will cuck the VCs on bridges and make them pay the bridge fee for their shitty L2s.
Link will cuck the MEV parasites on transaction ordering.
Link will cuck the VCs again with DECO, which when rolled out will hit the S-curve vertical in user adoption

Fundamentally, Sergey has soul and is the main protagonist sitting at his own table at lunch. The VCs are like normies who has no legitimate vision for this space.

>> No.55693502
File: 160 KB, 1024x614, 1688134712899350.jpg [View same] [iqdb] [saucenao] [google]
55693502

>>55693474
inshallah stinkies will rise again

>> No.55693507

Metal blockchain ( the layer zero working with FedNow) is cross chain too

>> No.55694168
File: 514 KB, 1425x1120, 1574735403023.jpg [View same] [iqdb] [saucenao] [google]
55694168

>>55693474

>> No.55694354

>>55694168
>that guy and that woman drinking 2 beers

>> No.55694368

>>55693507
Why hasn't Pajeet taken the AI potty training pill yet?

>> No.55694411

>>55692504
>>55692532
>>55692742
>>55693249
>cuck
>cuck
>cuck
stop watching porn

>> No.55695847

>>55694411
cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck cuck
problem?

>> No.55695851

>>55695847
and yes I love watching white women being railed by Big Black Cocks
I also hold link

>> No.55695945

>>55694168
Whatever happened to Kochis?

>> No.55695961
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55695961

>>55695847
>cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck cluck

>> No.55696346

Pure delusion in this thread. No real, non crypto native company will use chainlink services in production. It’s only cloud providers (leeches) and experiments (dinosaurs)

Why do you think Sergey fired his entire enterprise sales team? He knows

>> No.55696375

>>55695945
He drank his sallary, quite literally

>> No.55696388

>>55692566
>And make no mistake all you black linkmarines out there. You will undoubtedly be invited to the yacht party when it happens and I’m personally going to sell 50 or so link to build you your own seperate faucet to drink cheap malt liquor out of on a seperate area of the yacht while the rest of us have a faucet with Grey goose vodka pouring out of it.
This part is the funniest part of the pasta to me, like you're the most retarded racist there is but you're still trying to be nice to your fellow linkmarine that happen to be black in your own retarded way.

>> No.55696400
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55696400

>>55691932
pic related

>> No.55696414

>>55696388
checked
it's basically
>hey there my fellow niggers

>> No.55696416

>>55696375
Oh no

>> No.55696469

>>55696388
>>55696414
Whoa, whoa, whoa, whoa! Stephen! Stephen! Let's keep it funny. Django here's a linkie.