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/biz/ - Business & Finance


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File: 122 KB, 1170x1155, F4pTxvFbQAEPmd2.jpg [View same] [iqdb] [saucenao] [google]
55965504 No.55965504 [Reply] [Original]

interesting graph for the absolute bottom of a bear market. really makes one think

>> No.55965513

>>55965504
>in b4 "MUH CUMULATIVE GRAPH"

It's forming a parabola. It's going to be basically straight up soon.

>> No.55965514

>>55965504
>cumulative

now post the actual chart

>> No.55965518

>>55965504
do you not understanding of what cumulatice meaning you stupid monkey ?

>> No.55965563

>>55965504
I hold Link but 60k is SHIT

>> No.55965573
File: 62 KB, 1552x862, cumulativetards.png [View same] [iqdb] [saucenao] [google]
55965573

>>55965514
>>55965518
Even though I preemptively dunked on you guys, I'll do this thread a favor.

>> No.55965600

>>55965573
So the usage is fluctuating a bit around a constant mean. In other words, it is crabbing. This is not bearish but its not exciting really. CCIP is, but idk why this chart would be bullish on its own.

>> No.55965613

nothing is live on it so far from twitter chat it seems that a few projects are launching at smartcon

>> No.55965616

>>55965600
wtf are you saying in a month it has gone steadily up from around 100 LINK average to now around 230 average, 2x'd in activity and they're still closed mainnet.

You guys really are the worst human garbage. Just fabricate lies even though the truth is right there in front of everyone's eyes.

>> No.55965631

>>55965616
thats actually great news, I had no idea

t. lazy retarded man

>> No.55965662
File: 297 KB, 2180x350, Screen Shot 2023-08-28 at 3.42.57 PM.png [View same] [iqdb] [saucenao] [google]
55965662

>>55965631
actually, I retract this statement. Its literally nothing. Although, I think thats only true because its too early right now.

>> No.55965677

>>55965514
>>55965518
>>55965563
>>55965600
>>55965662
>quick! we have to REPLY to this LINK THREAD!!

>> No.55965685

>>55965662
You need to discount the first sperg out shit that's way outside the mean. That was all just testing mainnet.

The dead zone is weird but otherwise I'd really look at things starting around 7/19 or whenever everything just fell off a cliff and then slowly started uptick again.

There will always be outlier days but you can see it is much more stable now.

>> No.55965692

umm eric wall stats? no thanks bro that shits tainted af

>> No.55965714

>>55965677
ANZ is testing CBDCs using CCIP testnet right now. This is incredibly bullish. Why not discuss this? It's just too early for CCIP to be generating consistent revenue from defi protocols - these charts are not a bullish argument at all and posting them looks goofy.

>> No.55965726

>>55965685
I mostly agree with this, but I think its probably too early to tell.

>> No.55965729

>>55965714
>CCIP is bullish but it ackshually isn't
hahaha

>> No.55965738

>>55965729
If you hold LINK you will be rich in the next couple years. CCIP is bullish and will kill all the MEV trannies. LINK is more of a blue chip than ETH. I believe all these wholeheartedly. What else do you want? I just think this graph isnt a convincing bullish argument on its own

>> No.55965814

>>55965738
yeah you're right we shouldn't be bullish because success is guaranteed

>> No.55965833

>>55965573
Still an uptrend. Cope and seethe

>> No.55965845

>>55965833
uhh yeah it's actually good but like why would you mention that? things look good but why would you share that information?

>> No.55965880
File: 136 KB, 1227x1204, linkto220sats.png [View same] [iqdb] [saucenao] [google]
55965880

>>55965504
Ummm I'm sorry sweaty but around here we HATE Chainlink.

>> No.55965892

>>55965880
nobody here hates chainlink except ppl who lost their tokens by choosing to "stake" with centralized bucket shops, and poorfags / third worlders who can't afford even 100 link

>> No.55965975

>>55965714
I would like to discuss this, but I don't have new information.
I would like to see one real project with a big backer make a first step towards real use.
It would be great if they became this first big user.
That should stop a lot of the fud and finally change the incorrect perception towards the project.

But when will it happen?
Banks are incredibly slow, and slower than I previously thought possible.
Swift has been doing their 2nd PoC for some time too and I think promised some results before the end of the year.

The good news is that they introduced an initial slashing mechanism in the staking v0.2 meaning they plan to speed up the CCIP scaling process and it should be ready for big players by the start of next year.

>> No.55966021

>>55965975
the fact that LINK isnt already at $100 proves this market is an absolute clown show. LINK should have already flipped XRP by marketcap, considering they just accomplished XRPs literal only selling point.

That being said, after a certain point of publicity, I highly doubt there will continue to be no speculative pump. If ANZ or w/e puts out an official public release stating that they will use chainlink CCIP, by name, I think we'll see another asynchronous pump like 2019 summer. But who knows if any of these banks will bother to do this, SWIFT for example kept their chainlink collaboration entirely under wraps before they officially announced a few months ago... its all so tiresome.

>> No.55966045

Woah! That's like $200 per day before paying $180 per day in eth gas!!!

Hotdog stands and gumball machines look out! Chainlink is coming for your spot on the revenue producers list.

>> No.55966075

>>55966045
that's right anon, link is now gas for the next paradigm in web3

>> No.55966151

>>55966075
>Link gets sold to pay for eth and other L1 real gas
In other news
>rubic stays cubic
Fucking embarrassing.

>> No.55966201

>>55965677
60k is shit dude
We need that per day

>> No.55966207
File: 434 KB, 305x205, grds.gif [View same] [iqdb] [saucenao] [google]
55966207

>>55966151
The summer of Rubic

>> No.55966239

>>55966201
speak for youre own village dear,

>> No.55966241

>>55966151
>any crypto you want can be used for CCIP gas, at a premium conversion rate
you were real close, but had it backwards
>>55966201
"we" lmao, you've never done nor contributed to anything useful in your life

>> No.55966509

>>55965616
dude. i think you are emotionally attach
this is very bad for financial investing

>> No.55966526

>>55965880
this
4chan has always been a link hater board
link is reddit shit, ever since ICO
redditors actually came to /biz/ and FUDed it nonstop like retards

>> No.55966528

sergey's big mistake was not having a tech company (companies) lined up on the side while waiting for the bank reserves to flow in.

Think more nimble tech companies like Datadog, Cloudflare, Snowflake. I'm sure these companies could be amazing partners given their network tech and software flows, and especially with a company like Cloudflare, they could be an amazing node operator. Sergey needs to get the fuck off the couch and start selling to non-banks

>> No.55966550

>>55966526
>link is reddit shit, ever since ICO
careful, reddit linkers will rage at this and call it fud since it's the truth

>> No.55966560

drnr fuddies

>> No.55966572
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55966572

>>55966526