/biz/ - Business & Finance

>>56011547
They're not Swift. That's why.

>>56011547
they wanted to make it a decentralized network
only way to really do that is let anyone buy it
otherwise it's obviously just centralized shit

They didn't really want neets in their club, but they somehow needed to appear decentralized therefore the ico.

because it has to be free and open to everyone so when it moons to trillions people cant say 'whaaa you just made this closed technology and made yourself rich its not fair', then they will point to us and say look even those pathetics neets figured it out so dont complain normies eat shit and use our product lmao

>>56011597
exactly, it all makes perfect sense when you think about it

>>56011547
It's a brilliant idea, SWIFT didn't want to have to fund the development of the tech themselves so they got Sergey to spin up Chainlink and do an ICO so retail funded it while SWIFT and their member banks get all the benefits of the technology. Pure genius really.

>>56011744
Too bad your fantasy falls apart when we have proof token is needed for CCIP

They didn't even list the token on binance. Cz listed it without asking

>>56011547
look up the assblaster posts
look at staking, the community pool, they can claim broad decentralization
this is also why the big crypto vcs hate them, they refused to offload link directly to them for cheap
they retained their autonomy and independence, and that's all that matters long term

>>56011547
Otherwise they wouldn't be able to claim decentralization. Believe me, they wouldn't have sold a thing if that was an option. This and link twitter are liabilities

>>56011810
Wasn’t assvkaster wrong on many accounts?

>>56011810
>assblaster posts
Man, this is getting more pathetic by the minute

>>56011796
Which was then a new shit chink exchange. People here were reluctant to even sign up there because they didn’t trust it lol. I’m still wondering why it was listed

>>56011918
It was listed because binance was listing as many shitcoins as they could, including link

>>56011882
not really

>>56011893
shut up newfag. search the archives

>>56011547
You needed $1,000,000 to join the ICO. The only way anons got around it was pooling capital.

>>56012086
>begs me to shut up
hah, linkers are pathetic

>>56011918
back then you didnt need to sign up, it was actual anonymous. then china annexed hong kong and everything went to shit

>>56012140
>"if someone told me to s-shut up they must be begging"
you're an obvious newfag and a retard, this is why you're being told to shut up you ESL subhuman

>>56011882
What gave you this idea?

>>56012141
Right you didn't even have kyc for hardly anything, then there was ethdelta

>>56012134
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnerships came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during the alt bear market lots of anons and took advantage of this and fudded this coin to all the late money and newfags that bought in January and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team.

>>56012217
>he keeps begging
LOL! (Laughing Out Loud) the absolute state of low iq linkers

>>56011918
Uhh what?? Back then most of this board used Binance. It’s how I got most of my stack around $.22. Then they made the US version, now hardly anyone here uses it.

Probably worth pointing out that the ICO public sale had a $32 million dollar cap, and when it OPENED the pool was already $29.5 million full.
Part of this would be due to the fact that the presale pools were overfilled and all presale buys were honoured (links would get posted to /biz/ of a presale pool for "up to 100 ETH", it would get 150 ETH put into it, but then everyone that put money into the pool got their LINK), but this still wouldn't account for $29 million.

It seems like it was another case of "open to the public" theater where they were toeing a line between creating a plausible paper trail of the public having plenty of chances to get in, when it reality it was very difficult. I was sitting with my PC and my laptop, separate wallets open on each, 7ETH loaded in each ready to go. I submitted both the second that the public sale opened and still only got one wallet in. It was sold out in 2 minutes.
Yes, it was the 2017 feeding frenzy. Yes, there would have been bots. But there's no getting around the fact that >90% of the public sale allocation was already "gone", for one reason or another, when the public sale opened to the public.

>>56012395
well it hardly matters since tons of us including me bought at 15 cents shortly after ICO. so w/e

>>56011547
>Why did Link do an ICO is they are basically SWIFT themselves why let neets make it?
Literally no one know about this project but biz. But You do realize biz is at most 200 people right? That number is so small that it’s laughably negligible. A handful of beers making it doesn’t do any harm. We all just got lucky we found out.

>>56012910
What if they hunt us down

>>56011893

>>56012929
Kek for chump changes? Get over yourself. Real whales will make way more than your pathetic stack every month as nude operators. Can’t even start to image how much they will make through staking.

>>56011597
>because it has to be free and open to everyone so when it moons to trillions people cant say 'whaaa you just made this closed technology and made yourself rich its not fair', then they will point to us and say look even those pathetics neets figured it out so dont complain normies eat shit and use our product lmao

And why exactly couldnt they? These are the same people that do exactpy that by printing paper money for free and making you work for it.
Link is just a wishful thinking fantasy for coping newfags who missed eth.

>>56012370
But only for chainlink

>>56013324
they could but why risk it
making a few neets rich doesn't really matter

>>56011547
That's a face I trust.
>IMMA SECURING

>>56012966
> The important people, the experts, all know that most of the shit coming is useless vapourware and the incesant decentralisation/tokenisation of everything is ridiculous
My my how things have drastically changed over the course of half a decade.

>>56011547
REMEMBER:
WE WERENT SUPPOSED TO BE ABLE TO BUY INTO THE PRESALE

YOU HAD TO REGISTER WITH THEM AS AN INSTITUTION OR JEWISH INVESTOR OR WHATEVER AND THEN THEY SENT YOU AN ADDRESS TO SEND YOUR ETH TO

WHAT THEY DIDNT REALIZE IS THAT BIZ SHARED ADDRESSES AND USED THEM AS "PRESALE POOLS". WE ALL SENT ETH TO THESE POOLS AND GOT OUR CHEAP LINKIES

THIS IS HOW LINK BECAME /OURCOIN/, FOR YOU NEWFAGS

>>56013936
You could literally buy it for like 10 cents when it got added to all the exchanges
>they dont want you to own link!!
is such a huge cope when everyone knows that sergey dumped over 300m link on all the public exchanges, half of that at sub $10. Not to mention chainlink is trying hard to market it to retail normies.
All of this is just 100% pure all natural grade AAA copium

>>56011547
maybe he said decade because it sounds better than 8years brainstorming with sergeys

>>56014128
PRESALE WAS EVEN CHEAPER NIGGER
COPE NO PRESALER

>when it got added to all the exchanges
It wasn't added to any exchanges at $0.10. You could buy it on EtherDelta because any token with an ERC contract address was tradable on ED, with direct order matching.
The only actual exchange that listed it was Binance, months later, and that was only because Binance was listing everything.
Chainlink's Coinbase listing was around the $2 mark.

>>56011893
don't come to this board again
AB retired many who were here in 18 and 19, including me

>>56011547
We're the scapegoats.
Do you think the general population will like wearing their new chains? They let us on the boat, so when things start moving the general population's hate is aimed at the ones who 'sold their souls' more than the entities that already sold them centuries ago.

>>56014305
AB was a larp faggot who is idolised by brainlets who need someone to look up to because they don't understand what being anonymous is actually about.

>>56014190
>>56013936
Based OG presaler

>>56014128
I doubt you were around when LINK was listed on EtherDelta

>>56011597
This is the most compelling explanation for fud i've ever read on here.

bought on ED post-ico but had to sell it all after an ato (aussie tax office) intervention.
god i miss the sibos 17 toilet days.
spent the last 4 years clawing my way back to a meager 2k link stack. glowies robbed me of my future

finally realizing you guys were the exit liquidity for chainlink instead of being given a magical opportunity that's perpetually 12 months away?

>>56015345
>magical opportunity in 12 months
What is claimed is happening in 12 months?
Genuine question

>>56015345
Oh hang on.. do you mean like mainnet, staking and CCIP, none of which ever happened?
Gotcha. Thanks bud.

>>56015345
unironically in one year ill be happily retired and linkies will still be living rent free in your head.

>>56015388
>none of which ever happened
with linkbtc as it is most linkies would rather none of those things ended up happening, at least the dream could continue.

now its more spurious "adoption" in 12 months after all the other narratives failed to materialize any demand for the premined token.

SWIFT oversaw more than $150 trillion worth of transactions last year.

>>56015418
>rent free
oh no, you guys have been paying dearly over the past 3 years.

>>56015426
>most linkies would rather none of those things ended up happening
you mean most fudders, i think? i'm delighted they happened, and i speak for others in my fully staked, future-secured position. cope, little kekfuddie, cope.

>>56012395
that hardly matters since in the subsequent 2018 bear there were 2 distinct moments to buy at ico levels
i guess to wager most /biz/ linkies were bought around there
i know i put my eth gains from the bull in back then not at ico

>>56015560
most people bought at double digits around here, I've seen plenty of screenshots of people buying thousands of link at around $20-40. This project ruined so many peoples' lives.

>>56015430
Daily reminder stakers will also share a portion of the revenue from certain projects that use Link.

In 30 years, owning 1 Link will make you a god amongst men.

>>56011597
This makes zero sense. One of the most insane / idiotic things I see posted here often. Pure delusion

>>56015493
you've lost more money during staking than you'll ever earn back from it in your lifetime.

staking is a scheme purely designed to stop you from selling, and you midwits fell for it.

>>56015087
Assblaster shilled link at 20 cents. Anyone who was there made it easily. Show some respect

>>56015493
How are you staking when they havent released it yet? You arent referring to the token lockup / inflation program as “staking” are you?

Also, chart

>>56015835
you don't need to be jealous of link stakers, fren
there will be other opportunties

>>56015913
>yes i would refer to this as staking if it was any other coin, but since it's link, it's NOT staking
>heh, gottem

>>56015605
Wait what?
I bought at 0.3-0.5...
wtf, who bought at those prices? Tat was stupid...

>>56015305
Dafuq, how did they even find out? Why did you hand them over. I'd be trezor-in-ass and swimming to NZ if I was you.

>>56015607
When can I start staking? I have like 400 link and been waiting for something streamlined for normoids like myself but I don't want to miss out on all the build shitcoins

>>56015605
i ment most link tokens were bought there, not most people bought there
the very nature of its PA kinda made sure that the buying wave of 2018 could never be replicated
the odd one out that funneled all of his 2021 eth gains into link during the past year notwithstanding

>>56016010
You have to wait til they expand the pool. There's currently like 22.5 million link staked, but they will expand it to 45 million when staking v0.2 comes out. You gotta get it in that day. It will probably fill up fast.

>>56015432
>Dumb Linkies, I ate my marshmallow already, theyre so stupid waiting for 1k of them later.

>>56011597
>whaaa you just made this closed technology and made yourself rich its not fair
literally how every tech company works. you really need to go outside more

>>56016217
this isn't just a tech company
you have no idea how big chainlink is going to be, sweetie

The AB shit? It was all true. Yet price is at less than 6 dollars. I legit don't know how to cope.

>>56016237
you cope by buying more
it really is that simple

>>56016237
Imagine complaining about the chance to buy 6$ BTC.

>>56016234
>is going to be
after 6 years, it's doubtful. they are branching out into blockchain gaming now, those are not the actions of a company that has a clear goal apart from finding buyers for their tokens

>>56015087
Assblaster literally called 50 dollars as the first top. Youre a retard. N

>>56016379
Did he call a second top? If so, what was it?

>>56016290
By total supply it's more like buying $285 BTC

>>56016395
he said 60, then 10, then 150 to 200

>>56016544
That sounds pretty reasonable and accurate.

You're poisoning my water here too?

>>56015985
How many coins? I want to calculate the massive loss from ‘21

>>56016234
>le secret

>>56011547
question. Did these guys pay for they early shilling to us neets in 2017?

>>56016906
No assbalster came by a fluke

>>56016070
in reality: you waited until you were being offered millions for your marshmallows and instead made the same mistake as those who sold immediately and held all the way back down.

>>56016556
Then after 250 back to 50 what's the next stop? 500-1000 in another cycle.

>>56017266
The best part about LINK is that since all transactions are actually calculated in US Dollars it doesn't matter what the token price is in order for everything to just work (because fundamentally the token isn't needed for a centralized price feed/CEX implementation)

>>56013936
Anyone who bought it on Binance a year later got it at a fraction of a price and didn't have to do anything of this pool faggotry

The company with “smartcontract.com” as their domain manually ran their ico because they didnt trust smartcontracts enough. This is le future of finance

>>56017415
Imagine thinking they doled out 350 million tokens to literally thousands of addresses in the span of a few hours.
They absolutely used smart contracts.

>>56017435
Sergey pulled a few all-nighters to get those token orders fulfilled. He just mailed out slips of paper with the wallet keys on them.

Also remember how deceptive Sergey was during ico? He literally danced around the truth for a week after getting called out by reddit? He has mastered the ability to snake around saying anything of substance. He is such a fucking dishonest coward. Cant wait until it all crumbles down.

>>56017435
Were you there?

Sergey initially told people he would get their ETH back from his oversold ICO in a few weeks and then had to backtrack and then was genuinely shocked when they were upset.

He probably has the same sentiment about anyone complaining about being down 90 with no hope of recovery. He cant help it. His slav genes dont have the guilt trait. Him taking your money without remorse is just like an animal drinking water, basic instinct

>>56017551
>Sergey initially told people he would get their ETH back
source pls

For all the shit people here give reddit, they realized he was a sociopath 6 years before you did. You wasted over half a decade getting scammed by a Russian grifter.

>>56017579
Start with this thread: https://www.reddit.com/r/ethereum/comments/713y2a/potential_chainlink_ico_deception_chainlink/?rdt=40825

Theres some other ones too but this will give you a good background. Sergey has always been a disgusting sidestepping weasel. Look at all his responses in that thread. He can never answer anything directly.

>>56017601
>Reddit
So no source.

>>56017601
We feel it’s important to let people know their individual cap before the crowdsale begins so that all participants can be well prepared for the crowdsale, for this reason we need to set the USD/ETH conversion rate at the time when we are setting the initial individual cap of all participants. The setting of the USD/ETH conversion rate, also tells us how many LINK we are able to sell for every ETH, in order to meet our target of raising $32MM (the "Target Cap") during the crowdsale.

The USD/ETH conversion rate we are using is the rate on CoinMarketCap at approximately 15:00 UTC time today, September 18th.

At the USD/ETH conversion rate of $285 USD for every 1 ETH, in conjunction with an effort to maintain our target cap, we arrive at a crowdsale conversion rate of 2600 LINK for every 1 ETH for the first 24 hours of the crowdsale.

This new rate does apply to all presale transactions, meaning that the percentage increase gained on our initial pricing, will be applied to this new pricing. So that any purchasers percentage gain as a presale participant will remain intact.

>>56017615
Look I get it…Youre in denial and emotionally attached to your cult so having to read through that thread where hundreds of people go into explicit detail about what happened would probably be difficult for you. Reality can be heavy, especially for a low T pussy. You should probably stick to Chris Barretts tweets (aka buzzword copy paste) as your official source.

The more time passes, the more people wake up and realize how accurate Kushti’s description of Sergey was. You probably dont even know who that is, pathetic

>56016871
>56016876
>56017415
>56017506
>56017551
>56017592
>56017601
>56017674
>sirs sirs pls sergey is scammer sirs look at the reddit post with all the sockpuppet accounts and mev ethtards
>sirs also pls the kushti says this even though he's a butthurt retard who got dropped from the project early and makes up whatever lies he wants while failing to launch a competitor
so convincing, my pic rel friend
just sold 100k

>>56011547
Idk man, and frankly, I don’t care. Am getting myself as much KAS and FUN as I can atm, and anticipating that bullrun with great attention

Adem Kayser -Voorburg, Zuid-Holland - third world import leeching off of Netherlands taxpayer dollars when he isn't working for actual MLM scam companies doing paid stock bashing along with a small collection of other parasites with similar backgrounds also living in the Netherlands.

He immediately shut down his twitter @chainlinkthomas when a pic from his facebook was posted along with his name. His twitter used to be @geoxadem (literally had his first name in it) when his porn addiction posts were initially discovered and he shut his account down and scrubbed it the first time to change it over to @chainlinkthomas. Now it's back up and he's trying to pretend nothing happened even though he still stupidly referenced deleting his account when he said he was "back" and going to war with an equally retarded faggot, CLG. Also has a linkedin with a netherlands location in the same city that he lives in, listed as a "crypto investor" at a very shady looking netherlands company (The Success Factory) that apparently tried to run a failed DAG ponzi / MLM pyramid scheme style grift and was busted.

>>56017710
Yeah bury your head in the sand because you cant handle the reality of the situation. Your hubris has lost you so much money. So not only are you poor, but also ugly. Link mooning was the only chance you had at getting laid. Sucks man (for you)

>>56017601
You should probably come up with better FUD than my 2017 reddit shitposts which Sergey responded to in full anyway.
God I hate these paid nufudding brownoids. No creativity or soul in anything they do.

>>56017772
rolling for quads

>56017770
>sirs sirs pls this is the reality you have lost money while being up 50x somehow sirs
>*starts angrily projecting his experience as a top-buyer with no patience*
just sold another 100k

>all news is fake
>I I need an official source that cant be from (insert every single website here)

Please tell me, what is considered a good “source” when it comes to crypto history? Where would someone go to read about how an ico went down if not forums?

(Crickets)

>>56017790
etherscan

>>56017772
Wait so are you saying every single post in that reddit thread was you shitposting? Man that must have taken a long time.

Hahahaha, man you boyscouts have really lost it. You clearly didnt read that thread did you? Just be honest man. Also, can you really call someone else uncreative and use that same ol tired “y youre brown” line? Come on little boy, youre better than that.

Your goal going forward should be to stop being such a faggot, and instead, be more of a man. We can get you a tshirt that says that to help remind you (to stop being a faggot, which is what you are)

>>56017674
for everyone new
in the bull run TAKE PROFIT
set a sell schedule now, 10% at $15, $10% at $30 for example
emotion and greed WILL fuck you up
you don't want to end up like this guy who has posted old fud in eight posts in this thread because he doesn't want to take responsibility for his actions
it's actually really quite sad to see, link is still 10x up from the ico in eth and yet this this retard spends his time here posting from his link fud folder

The best source is chart.com

>>56017674
I know exactly what happened, it was all explained and can be verified on chain.

>11pbtid spouting 7 year-old fud that was debunked 7 years ago
and you say I'm the one in a cult lmao

>>56017817
where did i say i was every single shitposter?
do you have reading comprehension issues because English isn't your first language?
i know you actually believe this is your nufudder Eureka moment but most of those responses were people from biz fudding (including myself) to make reddit fuck off, mixed in with some actual retarded redditors who got filtered
but you're probably going to switch over to larping as a "fellow OG" now though, right? because you totally knew that yeah?
fucking moron

>>56017833
Thats good advice. Also for everyone new:

- do not buy anything from slavs for obvious reasons

- do not take advice from larpers claiming to have taken profits. This guy above was the same guy posting $1,000 EOY last year and now has to save face saying he knew $50 was the top all along. Hes also probably a cuckold

- do not buy last cycle’s altcoins (ie Link). They never return to last cycle’s high, so risk reward is way better on new alts

-dont buy anything with a gay community (like Link, cardano, etc)

-“utility” coins are a meme. Link still does nothing after 7 years other than hold conferences. Sell any alt after its one and only pump

-do not invest in coins where the owner has a documented history of scamming people (ie Link). Sergey’s last coin (NXT) bankrupted all of its investors

-do not invest in anything where the loser community claims there are tons of conspiracies holding it back (ie Link). This can become cultlike and will do nothing but lose you money

>>56011547
just coat tail riders making stuff up

>>56017856
No like I said youre in denial and theres no fixing it. Youre too far gone. That reddit thread explains in detail what happened and you just cant accept it. Youre a very weak man

>verified on chain
Shut up nerd, go wash my car

>56017883
>sirs sirs pls do not the cult
>pls listen to me because i fud on biz 24/7
>look at the manifesto i have written sars
>here is my advice for your financial wellbeing sirs pls do the needful and sell the token
>sincerely yours, a literal brown person who barely speaks english
alright alright
just sold another 100k

>>56011597
Desu

>>56017869
You implied that thread was shitposting done by you. I was around when that thread was made and it wasnt shitposting for the most part. Youre trying to save face by downplaying it as a big inside joke, but sadly, that just wasnt the case in that scenario. I know it absolutely crushes your ego to see your Russian hero talked bad about, but someone needs to call him out.

And then you double down on the esl line hhahahaha. Bro get.some.new.material. Its kind of weird youre in denial about a white guy talking trash to you. Sounds like you have a little bit of a fetish bro. You know theres people you can talk to, theyre doing wonders these days with mental health.

I almost want to roll up to one of these scam conferences just to meet some or you hardos in person but I just can’t bring myself to hangout with incels. Its just so creepy/awkward.

>>56017883
three questions:

- what's the most link you have ever held?

- how much link do you hold now?

- how much profit in usd have you taken from chainlink?

are you the guy who had a 14k link stack and then lost 13k of it by going long kek?

>>56017899
>painfully unfunny incel language
>same washed up 3 jokes
Yeah I know Im in your head bitch. If only you spent more time doing pushups versus living le edgelord life, youd look less like fat Serg

>>56017883
Newbie, OG here to help you out

-dont buy link

-dont buy link

-please dont buy link

>(you) should put the money you get for this reply toward some biryani

>>56017961
$100 says this moron is still a virgin

>>56017961
aw sorry lil fella, did i hurt your feelings?
i mean it's your choice to be here 24/7 sharing what a retarded ESL fag you are
maybe find a better job instead of being such a braindead loser lmaoooo