/biz/ - Business & Finance

>>55706773
pools closed nulinky

But isn't LINK supposed to be the price of a cup of coffee? how can it go up if its just a fee token?

>>55706773
>incel manifesto
reported. not reading your sicko incel revenge fatnasy

>>55706773
>So it's very unlikely we get a significant pump in the near term.
At this point nothing will pump this coin. Only speculation. So basically it’s just another shitcoin
>v1.0
Nigger you’re barely on v0.2 it’s going to take at least 5 years for v1 at this pace IF you’re lucky kek

>>55706773
cool FUD but you're wrong
even if what you say about staking is true, people will front run this. it's already happening in fact

>>55706773
v0.2 is going live at smartcon, is going to be audited soon
it will allow withdrawals but we don't know if anything else
it would be really nice to get build airdrops as they will wake up r eddit and ct, there's nothing they like more than airdrops as it's still 95% a scam market
we will likely get a pool expansion to 50m or 75m, probably to secure some other mainnet feeds
also they will likely tighten the parameters to allow opportunity to report, for example, if individuals nodes go down. (currently reports are only for whole feed going down)
v1 is at least a year off, probably much longer

in terms of a major link pump.. could happen tomorrow, could happen in a year with the bull, we just don't know
look what that guy did by buying $6m of link the other day, doesn't take much to move it
ct charters have been posting about it non stop since ccip too so never know

anyway main thing to rememeber is that this a scam market, adoption hardly drives price, just speculation and we will be in that phase for years to come

HOWEVER chainlink has the ultimate speculative material with swift, expanded staking etc

>>55706773
yeah my impression was NOPs can stake on their own nodes to take on jobs with stake requirements already, but no, the nodes can report bad data without slashing at the moment. Didn't know staking V1 was also required for NOPs.

If V1 is released things are mooning instantaneously, since only demand is on the payment side.

Staking v0.2 hasn’t released and people are talking 1.0. You kidding? We aren’t touching double digits for 3-5 years

v1 staking is probably about 3 years away

>>55706773
pool’s closed.

>>55707352
That sounds so shitty, 3 more years of virginity and wage.

v0.2 coming September-October. 100% before or at smartcon, likely in conjunction with economics 2.0 going live.

With econ 2.0 going live, linkies will likely begin to become eligible to claim their BUILD rewards, and revenue from agreements like GMX and services like CCIP will be given on top of the current 4.75%. This could equate to linkies earning 15+% apy, not even that crazy in this space. SNX niggers are getting 30%.

>>55707492
this

>>55707492
I thought we’d be another year off build rewards and CCIP revenue, seems way too quick.

>>55706773
You’re missing the fact that staking V1 will not launch at smartcon you fucking retard.

>>55707048
Where did this v0.2 shit come from they literally have 3 tiers of staking in their writeup, 0.1, 1, 2

>>55707247
idk even with v1 you still need to have a reasonable reason for nodes to not dump everything instantaneously (they will need to want to accumulate). It's possible simply having pools be fully open will be enough, I'm sure the restricted pool right now is basically doing fuck all for price appreciation but lots more LINK locked will clearly help.

>>55707419
Cool glad I have 10k in then

>>55707492
again where did this v0.2 thing come from? First I heard of it was here on /biz/ the team has only ever mentioned 0.1, 1.0 and 2.0.

I honestly doubt we get BUILD airdrops in Sept., that would surprise me but it sure would be nice to at least have some confirmation of what we're owed.

Also

>>55706796
>>55706811
>>55706816
>>55706838
>>55706863
fuck you low IQ wagies

>>55707668
>where did this v0.2 shit come from.

Retard go home. You’re putting in too much effort to sound smart.

>>55707686
this
top kek

GM based kings

>>55706811
I think it's the transaction price that will be the price of a cup of coffee, which I imagine will be updated by CLL as the price of the LINK token fluctuates up and down desu. Isn't that why there is 18 decimal points? If that's the case it won't matter to the companies that use Chainlinks services what the price of a single LINK token is as long as the transaction fee costs a cheap amount of LINK

>>55707668
Yeah Chainscam Labs didnt say anything about a v0.2 until everyone was already locked in staking. Pic is from their blog

>>55707719
whats this based kings shit

>>55707761
Avacados have been instructed to raise morale on biz

Still mad at community advocates for turning what used to be organic into pajeet shilling

>>55707776
Makes sense. Bro I am suicidal rn fr. Luckily I found based Jebus YouTube Treasure hunter and I am seriously thinking of dumping LINK to invest in storage unit auctions and reselling old crap. I need that nostalgia rush man
https://youtu.be/2iawptW5XXM

>>55707729
Jesus fucking christ how did I miss this. Why does this team continuously do shit like this?

>>55707916
Kek it’s a long road anon. Whatever you think 2025 looks like, it won’t until 2030.

>>55707847
this is really interesting thanks for posting anon

>>55707916
Are you being retarded on purpose?

retard, it was originally going to be v0.1, then 2 years until 1.0. people complained that waiting 2 years just to withdraw was way too long so they decided to do a 0.2 in between. learn about your own god damn investment.

>>55707916
don't know if you're fudding but initially it was going to be v0.1 -> v1 -> v2
v1 was going to take up to 2 years
the community and nops got pissed off at not being able to withdraw for that long and made a fuss. then chainlink changed it so a new v0.2 would come within a year to enable withdrawals

>>55707847
>bids on storage units
>resells whatever is valuable
>keeps what he wants
>chucks the rest in the trash
pretty based ngl

>>55707563
Yeah. It does. But I agree with the previous poster that 0.2 will go live in the next couple of months

I remember buying this for like 16 cents.

You baggies still care about this shitcoin?

>>55707847
kino

Kind

>>55706863
> exchange supply increasing for months now
> "people are front running the fourth industrial revolution! bubbafox told me!"

>>55706773
Getting really tired of LINK literally enabling all of crypto on the backend and getting ZERO for it.
I'm talking about holders because Chainlink Labs is pretty happy with us paying their inflated salaries.
God forbid them having a fiduciary duty towards holders.

OG Linkers that basically bootstrapped all of this shit barely made between 10x and 50x since 2017, while VCs and the protocols that sit on top of our subsidized services made billions.

Tired. Very tired.
Especially after seen how much it's getting shat on by everyone after literally saving DeFi and the media blackout.

>>55706773
>Staking v1 and opening up staking to the public is basically mandatory for the fundamental price of the token to increase
Funny, this was never a requirement for any other crypto.

>nodes are being subsidized or paid and in both cases the nodes have no reason to hold so they dump
Same with any miners, including BTC miners.

>>55706773
If the token pumps, it will prove that the token was sold to investors with the expectation of profit. This would be detrimental to Chainlink as it would put an SEC target on its back. The regular and thorough dumps ensure that the price remains at a moderate level and every upwards move is controlled and brought back to a reasonable level.

Look at this simple refutation of the logic of LINK:

>be me
>corruptible or malicious party looking to fuck someone over on a big deal
>deal is based on a smart contract which pays out based on a 1 or 0 output
>spin up some shitty Chainlink nodes and open them up to staking
>retarded marines stake with me
>I report false data
>I win the deal and fuck over the counter party
>watch dogs report that I fucked him over
>my link gets slashed and reimbursed to counterparty
>retarded link marines have lost everything

This and any other example shows that you cannot delegate stake, it's a fake concept. Nobody needs to stake LINK except for the nodes themselves, if they take other people's stake they still have no direct skin in the game so there are no security guarantees like promised by Sergey. Try to refute it without dodging to "but there's many factors at play that hide this obvious flaw"

>>55709899
>it will prove expected profit
Could make a better argument that it proves profit was unexpected, hence low token price performance.
Either way it doesn't matter. The big boys need chainlink and a little fly like gensler will be swatted away in an instant

>>55709930
how are you going to build reputation to be used as a node in the first place? you will never "win any deals" because you have no foundation to do so. you wouldn't even be able to "fuck over the counter party" because other nodes would likely catch the misreporting in the first place and you would have just wasted your time.

>>55709986
ah okay got it, so it's basically now a closed system vetted and KYC'd by Chainlink and nobody can join because they cannot get any jobs, got it. Seems even worse than I thought

>>55709996
i refuted your bullshit fan fiction and now it's suddenly "worse than you thought" lol. fudders are fucking pathetic. spin up all the fucking nodes you want, but if you want to actually make anything out of it, you'll need uptime, security and a history of honesty.

>>55709646
that's fucking rich. you've been *handed* an opportunity to be set for life along with whatever progeny you may spawn, and you're pissed that it's taking longer than you want. i understand being upset at the opportunity cost, but hindsight is making you think you would have partaken if only you didn't have all your assets tied up in link, which only netted you 10-50x in the last 6 years! first off, nigger, you wouldn't have. maybe you would have bought something that mooned, but you wouldn't have taken your profits just like you didn't take them in link. second, you are owed absolutely nothing. you have done absolutely fuck all to assist CLL's efforts, and you're acting as entitled as a nigress. fuck you, fuck YOUR timeline, fuck your sense of entitlement. at this point, i hope it takes another 5-10 years to take off (which it probably will) just so faggots like you capitulate or rope before it happens.

tl;dr revolutionizing commerce doesn't happen overnight, or over several years. CLL literally owes you nothing, and you in fact owe them a shitload.

>>55709996
>having my node's reporting history available for potential clients to see makes the whole system centralized and KYC'd!
i actually know a couple NOPs, and let me tell you -- the hardest part of the job is bizdev. they're wizards with the infrastructure, but bootstrapping themselves into a position to be given jobs by people who need data for the SCs was much harder. i can't wait for you to rationalize why you're still right after link has swallowed the entire crypto space.

Token = not needed
simple as

>>55711640
>tl;dr revolutionizing commerce doesn't happen overnight, or over several years
lots of time to "pump" and dump this garbage

>>55711640
I'm getting second-hand embarrassment from the hubris and delusion of this poster
I truly hope to God you keep on holding for the next 10 years, while everyone else moves on, this is truly the only thing you deserve at this point you sad reject

99% of crypto is a scam. Chainlink is working on fixing this. Now ask yourself why they hate it, why they won’t talk about it and why they short it. Bitcoin is compromised and has fifteen years left max. Link is the new universal gas.
All you have to do is forget about it and maybe get more Link by slinging shitcoins.
Good luck, I’ll see you all on the other side

>>55711821
>while everyone else moves on
lol, let me know when that happens

>>55711640
Top post - he knew better than to try and respond. I do enjoy seeing fudders being dismantled and shamed in public like that

>>55711842
Idk anon, I'd still bank more on BTC and ape like 10% in LINK. While also exploring new innovations in the space like the multi-chain machine IDs from fetchai agents.

>>55711959
It's happening right now. Remember that chainlink "saved defi" today and nobody gives a fuck because defi is nothing and crypto as a whole is literally nothing.

>>55713105
>ape
Kill yourself nigger faggot

>>55711640
You are the first to be purged at the annual SmartCon purge, run by Francisco. We'll see you there

>>55713179
And you'll be here every day to keep saying it, even though you have no clue and actually hold chainlink anyway

>>55706773
Nice fud but even without swift CCIP will pump the price and it will be a steady grind up .
But with swift and staking v.02 i also expect
1kEOY

>>55707048
The major pump will be from hardware deployments. We're a long ways off from that.
1/X (error: our system thinks you're spam)
Fuck jannies

>>55713446
I know more than most people on here and am smart enough to know that chainlink won't have a major pump for at least 10 years. Cope, seethe and baghold.

>>55714017
3/3
Fuck jannies, pic-related is 2/X

Sure there are plenty of defi applications that'll soak up more and more stake as time goes on, and that'll be nice. Still, we'll be in the 'cup of coffee' zone.
But in a few short years, you're going to see a lot of robots flying around, scooting down the bike-lanes, doing little jobs. Every swarm you see will be required by law to carry loads of sensors and be an active data-provider to oracle services. Every street camera, light post, and park bench that's equipped to keep you caged will require some tiny little bit of stake in order to to stamp the data it feeds. THEN you'll see a network effect. When the quantity of devices exceeds the quantity of tokens, even while the majority of tokens are held by NEE Ts and staked to aggregators? That's when the price has to rise at a geometric rate to meet the demands of all competing parties.
Even then, don't expect a sudden single-day bump. There might be a few of those as institutions onboard, but heavy hitters tend to be very polite to one another in terms of price collaborations. More likely, you'll see a project like Worl dcoin deploy a million orbs, and LINK bumps a tad. Then another deployment and we step up. Slow infinite stairway to heaven.

>>55714050
This is hilarious cope. So when do you guys see $1000. 10 years? 100? lmfao

>>55707048
>v0.2
>>55707305
>v0.2
>>55707492
>v0.2

false.
The next staking release will be
v.0.1b

We're still about 2 years away from v.0.2
And a good 10-15 from v.1

>>55713336
Will Francisco actually do something? I'm kind of nervous about it desu

>>55713621
It wasn't a fud attempt. I do wonder if CCIP will become the de facto bridge. We don't have a main net timeline, right? Just like EOY at some point is the goal?

>>55714050
This is a fantasy world

>>55714147
we'll be lucky to see v1 in our lifetimes
link is more for our grandchildren than us

>>55709646
they literally don't have a fiduciary duty towards holders
Sergey and others have made it abundantly clear that they are not making financial products and theres no return expected
the only goal is to facilitate the functionality
this has been repeated so many times
and also this >>55711640

>>55714446
yes, all the whining is getting old
speaking of getting old, that's what you will be when link finally goes past ATH
and that's a good thing
just imagine, you'll be living in the swankiest retirement home. the envy of all your elderly peers :}

>>55714070
define cope in this context

>>55714407
>link is more for our grandchildren than us
This is the only healthy outlook.

>>55713336
Based francisco enjoyer

>>55713336
>incel revenge fatnasy
cringe

>>55706773
Honestly, don't expect anything major to pump that coin. It's all just wild speculation, anon. Total shitcoin vibes. Personally, I'm gonna stick with BTC since it's a safer bet. But hey, I'm also keeping an eye on some new innovations like BALD, CRV, and DUA. Gotta stay on top of the game

>>55714030
This is why I am not throwing funds into that shit like many fucktards here instead into projects that have products to offer. I already joined is
BrillionFi zealy quest and test net for rewards in DUA token

>>55707668
>Reads the rest of your posts
Fuck off retard nigger