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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56099687 No.56099687 [Reply] [Original]

Why does he need a war chest that big? No other company in crypto so aggressively dumps on its own holders and screw them over like that. Especially when the coin anticipates to rise so he is losing potential value of the coins.

>> No.56099691

>>56099687
Because the tokenomics is absolute garbage and you can’t make any money off of chainlink.

>> No.56099697

He’s an ebin tech companyrino that’s gonna hire epic developers to do epic things, it’s all very based he’s literally apple 2.0 bro!

>> No.56099716

>>56099687
Oh the things he’s gonna build… you have no idea

>> No.56099728

Ok so from what I understand link is like buying a can of coke and expecting Coca Cola's growth to make you rich because you hold the can of coke.

In the meantime, coca cola has millions of cans of coke (links=coca cola cans) they’re selling to the market to make money.

How does holding a can of coke (link) benefit you exactly? Answer me.

>> No.56099731

>>56099687
10x long $MCD

>> No.56099749
File: 60 KB, 299x168, A99C343E-FC1C-4899-8102-F5696A4767F1.png [View same] [iqdb] [saucenao] [google]
56099749

>>56099728
Nobodies ever not once sold an unregistered security in a private offering without the intention of returning massive gains. Defucking bunked nerd

>> No.56099811

>>56099728
Coca Cola will continue to produce cans of coke, forever. Chainlink will not. Staking LINK will cause scarcity. I am buying for that reason and I am not the only one doing this.

>> No.56099823

>>56099811
>dude stake your link so you can earn more link to stake your link to earn more links
What an absolute shitshow

>> No.56099844

>>56099749
Link is not stock. Sergey has no financial obligation to disclose the state of the company, nor financially benefit link holders.

>>56099811
Isn’t link divisible by 18 decimals? That’s the same as infinite link. Also, why do you say staking will cause scarcity when you have no access to the financial statements of the company because Sergey has no obligation to disclose them? Are you speculating?

>> No.56099852

>>56099728
I think linkies are vetting that the use case takes off and staking gives legitimate returns. then everyone will want to buy to stake. if so, scarcity drives coke can values up.

>> No.56099862

>>56099811
beat me too it.

>> No.56099873

>>56099687
Do you also wonder why McDonald's has so many burgers? What a dumb fucking question, it's how they make money you idiot.

>> No.56099878

>>56099852
>>56099862
And why the fuck would anyone stake this scam? Where does the extra link come from? Literal ponzu scheme

>> No.56099890

>>56099878
speculation

>> No.56099895

>>56099811
If the price of 1 Coca Cola can ever goes higher than a cup of coffee, why wouldn't customers just switch to Pepsi?

>> No.56099901

>>56099890
That’s what I thought

>> No.56099915

>>56099890
>speculation
Bearish if anything

>>56099895
The real questions would be:
>why would anyone buy chainlink?
Coke is tasty, that’s why it has demand. What about link?

>how much demand is there for link?

The price depends on that

>> No.56099918

>>56099901
me too

>> No.56099924

one day nulinkers will stop replying to obvious bait. unfortunately today is not that day.

>> No.56099930

>>56099687
Big belly, big war chest
False narrative, link is currently at 14% inflation (and will taper down to 7) which is average for the top 100, Solana got far worse yet pumped more etc
No VC backing like more recent scams
They have +500 employees, need to pay nodes, costs like audits, conferences etc
'need to decentralize the supply because SEC' lol
They likely see beyond 2030 when they run out of tokens and want to make sure their treasury could still cover the next decades of operations

>> No.56099945

>reasoning through analogy
this is eric wall tier retardation

>> No.56099953

>>56099930
That sounds very bullish for Sergey’s company. Is there any way to invest in chainlink labs?

>> No.56099976

>>56099823
Chainlink is the backbone of Web3 and DeFi. Traditional financial institutions will be bringing business on chain using CCIP, tokenized assets are coming too. This will bring trillions of dollars in revenue being processed by the LINK network. Unlike you I have money to bet with, and I’m betting that LINK will increase in value beyond $6. While my bet is placed I will be earning additional LINK at a rate of 4.5%, forever. I am not the only one doing this.

>> No.56100009
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56100009

>>56099687
He gives no fucks about his company anymore, he only loathes and abhors you idiots, glad I flipped this garbage for kava right on time

>> No.56100016

>>56099976
Yes yes, but what the fuck is the token even for, besides your shitcoin ponzi piece of shit?

>> No.56100022

>>56099976
>Chainlink is the backbone of Web3 and DeFi. Traditional financial institutions will be bringing business on chain using CCIP
Is this speculation? I’ve heard of swift’s EXPERIMENTS with chainlink. But is there any confirmation of said assets tokenization taking place?

Is link like those revolutionary lego-like houses that claim they’re about to solve homelessness every year, just for them to not be used by anyone?

>> No.56100031

>>56099976
it's a plus that you are not the only one doing this.

>> No.56100033

>>56100009
Thanks anon, you opened my eyes

>> No.56100034

>>56099945
/biz/tards learn with stuff like that only

>> No.56100035

>>56100009
Somehow you managed to fuck up still kek

>> No.56100040

>>56100022
yeah dude. It's speculation. Welcome to crypto

>> No.56100045

>>56100009
I'll have to disagree with you, he loathes himself more than us

>> No.56100049

Nobody explain anything to these retarded fudders and newfags.

>> No.56100071

>>56100040
Speculation without reach to the masses barely pumps the price of crypto. Chainlink doesn’t seem to be particularly good at marketing so I don’t think these breadcrumbs will make the token go up in price. I was under the impression that the chainlink team had “fundamentals”, but I was wrong, it seems, by the look of link holders. There are far better speculative plays in crypto.

>>56100049
You don’t want more people holding link? How will it pump then?

>> No.56100079

>>56100049
>I don’t want people to pump my bags
You fucking retard Kek

>> No.56100085

>>56099844
>conflating dividing something with multiplying something
The absolute state....

>> No.56100097

>>56100085
Why don’t you tell us where the actual value of link comes from then? Or are you just going to say DYOR like a little faggot? Kek

>> No.56100117

>>56100071
you could be correct. you should short it.

>> No.56100133

>>56100117
I’ve noticed link dumps on very specific ranges. There are probably some entities that detected there are no people providing price support and proceed to short link.

That might be a good idea. Any suggestions on the best place to short link?

>> No.56100176

>>56100133
no idea. just come here to goof off, when on the shitter. Good luck, kiddo!

>> No.56100264

>so much kekfuddie samefagging in this thread
as per usual i guess
thanks for putting so much effort in but im just not selling, sorry

>> No.56100347

>>56099687
its a whole new technology that has never existed before with a new approach

>> No.56100373

>>56100071
retail not needed

>> No.56101172

>>56099687
Chainlink bery not good token. Pls sell now

>> No.56101267

>>56099716
I’m legitimately worried, it’s like owning part of the federal reserve or the bank for international settlement. It’s gonna become extremely jewish and institutional. That’s why it was suppressed so long, this shit is all gonna be controlled by JP Morgan & Co and the Rothschilds. Chainlink is gonna be the biggest thing since the Jekyll Island conference. I’m glad I got some but I’m not gonna be proud. This Big Mac scarfing fat faggot is gonna forge the most recent link in the chains enslaving mankind.

>> No.56101280

>>56099687
Who gives a fuck dickwad.
Buy something immutable if you're worried about the big guy dumping.
Then watch Satoshi shart his 1 million coin wallet onto the market in 2028 lel

>> No.56101427
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56101427

>>56099687
>No other company in crypto so aggressively dumps on its own holders
If you want legitimate answers don't lie in the second sentence, nigger.