/biz/ - Business & Finance

pool is closed :^)

>>59119715
>In reality, Sergey keeps the payment, releases uncirculated supply LINK at a 10% up rate from market
They have never said that's how it will work, and unless you can show where they said it it's just your own personal speculation

>>59119715
your retarded post makes no sense and you talk like a fag

>>59119715
>>59119455

>>59119720
You make more with Central bank interest rates in T bills lmao. The average bank account vastly out performs LINK staking.
10k invested in an average shitty account in 2021 would be worth 12k today.
10k invested in Chainlink in 2021 staking, assuming it released then, would be worth $3400 today

there will only ever be 1B tokens. even if what you say is true (pure conjecture at this point) it will expedite the release of the remainder they made very clear from the beginning would be used to fund development

>>59119715

>>59119745
>>59119736

You niggers are in straight up Denial. That is exactly how it works and you KNOW it. Its all paid for with uncirculated supply. You KNOW this.
Nobody is paying for LINK services without using their own shitcoins they all minted fir free themselves, to which a 10% upmark is no big deal and preferable to buying LINK on the market. If anything it keeps LINK lower for them as paying in their own token means no buy pressure for LINK but still results in sell pressure from nodes.

Meanwhile Sergey keeps the cash. I cant believe you niggers actually think this conversion happens on the market

>>59119755
>That is exactly how it works and you KNOW it
No, we don't know because they haven't specified. If you are right I will eat humble pie but it's pointless to make assumptions before we have all the answers

>>59119755
This positive feedback of fees -> link is already in the works and ready to be audited.

What do you think the "Payment Abstraction Layer" does?

>>59119762
some dumb breadcrumb which turns out to be nothing and results in years of dumping
>OMG 81k EOY ITS HAPPENING SINGULARITY KING MADE

meanwhile, a very plausible concrete financial situation
>NOOOO ITS ALL CONJECTURE AND NOT CONFIRMED WE CANNOT CONSIDER THIS

Retards

>>59119773
why does it make you so upset

>>59119715
seriously, >>59119745 perfectly sums it up. i love how fuddies can't seem to wrap their heads around the fact that we knew what we signed on for from day one, like we ever thought the supply would be less than 1B. they *really* want me to sell my link, but sorry -- i'm just not gonna. uuugh, i know! it's just that i'm not selling is all.
>>59119755
here you go again -- nobody's in denial about anything. even IF what you say is true (it may be, it may not, who cares?), eventually all 1B tokens will be in circulation, and then what? if the network has proven itself to be indispensable, then it will become exactly what we always thought it would. otherwise, it's dead with the rest of crypto. the only question that actually matters is why you spend so much energy trying to get me to sell.
>t. waited 15 minutes to post this drivel.
i hate what they've done to this site

>>59119715
>Sergey keeps the payment, releases uncirculated supply LINK at a 10% up rate from market, then pays nodes who dump it.
This would be asinine if true. They need to keep as much LINK locked up as possible to deploy when times get rough. These locked tokens are earmarked to bootstrap the network during the phase of low-usage. If times are good, and a lot of node operator fees are being generated, then why would he release the locked supply? They would still release tokens as scheduled to subsidize less revenue-generating parts of the Chainlink network, and I suppose partially to fund CLL, but more network usage shouldn't actually accelerate token dumping.

>>59119807
The way you write is very effeminate.

No, i did not know this from the start you little shit. The deception of how they unrolled this is almost evil and you know it. They have deliberately milked this at the expense of holders as much as possible and as long as they possibly can. Nobody “knew” that. Fuck off

>>59119715
Such a nice guy, always finding new ways to BETRAY. Bravo, Sirgay. Bravo.

>>59119826
nice ad hom
if you didn't realize that the team held 70% of the tokens and that those tokens would eventually be released by the team as they saw fit (including selling them to raise funds), then you're the retard here, not us.

>>59119807
>. even IF

dude it's not an "if"... that's 100% what's happening. So yes you're in denial

Wow thats a lot of words that I won’t be reading. I should also let you know I’m never selling.

>>59119838
NOBODY EXPECTED THEM TO LITERALLY SPEED RUN DUMP ALL OF IT ON HOLDERS WHILE EMPLOYING 800 PEOPLE AND THROWING LAVISH PARTYS YOU RETAD.

Almost anyone back then was expecting them to use it wisely, and then keep the remainder locked up for good like Satoshi wallets, or something much more intelligent than literally dumping it at lightning speed.

Jesus christ you are such a cock sucker for sergey no wonder your write so effeminately

>>59119800
Because nobody buys his shitcoin and or he has a double digit stack and or he’s paid to say what he’s saying and doesn’t actually have any idea what any of this is

>>59119864
Do you resonate with this photo?

>>59119864
fuckin lol, you say we're the ones in denial when you tacitly admit to creating narratives in your head that you get inordinately mad at when they're proven totally wrong. just face it, this is a skill issue

here you go

>>59119882
>this is a skill issue

you haven't made money in 4.5 years whereas the rest of the market went 5x+

>>59119891
this screenshot means nothing when there is a confirmed public audit next month where the end result is that mechanism you underlined does get deployed. Hence the token is needed AND the swift product is already live :P

>>59119826
COPE HARDER FAGGOT HAHAHAHAH YOU LOST

>a confirmed preliminary beta audit which will result in the imminent deployment of the initial version of the mechanism
kek, you people won't wake up until the very end
see you this time next year!

>>59119895
5x? psh, you must be retarded. you could have dumped it all into NVDA and you would have made 30x.
see what i did there? there's always an investment that will outperform you in any given time frame, unless you happened to choose THE ONE that did the best. i didn't make it into the ED pool to get it at IPO, but i got in shortly after that, and i hold it because my time frame is decades, not years. you're correct that I would have made more in retarded meme coins, but that doesn't bother me any more than the guy that hits the jackpot playing slots. in the mean time, i'm still up 50x my original investment, which i'm pretty happy with. i understand why you'd be salty if you bought in at $30+, though. i can't imagine only having a 4 figure link stack.

>>59119925
see this is the kind of mental gymnastics which will propel you to XRP baggie status, and suddenly, one day you'll wake up and you'll realize you've been holding a dead alt for a decade, still waiting for the moon!
it's hilarious watching it unfold in real time

>>59119931
it's certainly possible that LINK will not realize it's lofty goals. but the difference between the XRP baggies and LINK chads is that we have proof after proof of real institutional interest. i'm glad you're so certain though. it just means if i'm right I won't have you as my neighbor

>>59119942
>we have proof after proof of real institutional interest
so do XRP baggies, I might not become your neighbor, but they certainly will! KEK

>>59119903
are you an actual person

>>59119925
dont be so dramatic
btc is the sp500 of crypto and that's what you measure against

>>59119931
this

>>59119715
include me in the screenshot you wil post on twitter thank you dear fuddie

>>59120068
and then after he gets 19 views and 1 like he can screencap it and post it back here.
the circle of no life.

>>59119715
Didn't take long for your speculation to be proven wrong did it?

>>59120206
cue the goalpost shuffling

DR;NS

>>59120206
are we gonna make it? hanging by a thread over here my house is falling apart and i skip meals to survive but ill never sell my link stack even if i end up living under a bridge

>>59119715
not gonna read that

>>59120212
Can't wait to see what he comes up with next

>>59120232
bump :)

>>59119807
>eventually all 1B tokens will be in circulation, and then what?
if chainlink is profitable by then, the token will be removed by demand from paying customers. if chainlink is not profitable, another token will be minted, you know, for security

>>59119720
pool is literally open today, as i type this.

https://github.com/smartcontractkit/payment-abstraction/blob/main/src/SwapAutomator.sol#L517
https://github.com/smartcontractkit/payment-abstraction/blob/3f0dc4422eb10e51f9bb4ec3eebde3956db6ce4c/src/SwapAutomator.sol#L584C41-L584C51

/thread

>>59120676
>more fuddie head cannon

>>59119715
tough day op
swapping is happening on uniswap

>>59120733
>this comment
breh ;_;

>>59120831
i mean, that should be obvious. who's going to pay a 10% premium rather than just keeping a wallet funded with LINK?

>>59120831
Fuddies are roping

>Payment Abstraction is a system of onchain smart contracts that aim to reduce payment friction and simplify billing for users and developers interacting with Chainlink services.
in other words: the chainlink token increases payment friction and complicates billing for users and developers interacting with Chainlink services

>>59120953
How many bits of data had to go through the tubes to make this stupid fucking post.

>>59119715

>>59120967
the bits didn't need to be converted to chainlink bits, so it was frictionless and billing was uncomplicated

>>59119715
How many words of this type of drivel have you written about Chainlink in the past four-five years?
Million?

Shoot yourself in the dome, what fucking life is that to lead?

>>59120992
You are going to end your own life one day.

>>59121010
>Million
*Millions

>>59121016
sorry, i couldn't receive your message, you'll have to use my friction inducing token to send it

>>59120865
this. 10% doesn't sound like a lot but to these giga sized organizations that is a massive fucking amount

>>59119807
>we knew what we signed on for from day one
who's we? OH NO NO NO THIS BULGARIAN JUST GOT REVEALED AND DECIMATED

>>59119942
chads are looking into SUPRA and not LINK anymore.

>>59121092
and it's basically confirmed they'll need it. once things start moving with ANZ and China/Hong Kong, there could well be a rush to buy cheap. it's coming. trying to guess in what shape it'll arrive is the fun part. Community stakemaxxers are so comfy.

>>59122396
7 more years linkmarine

and then.. maybe the price will be $20.

>>59119715
and the more this happens while the price is low, the quicker they run out of LINK and the more addicted the world gets to chainlink's services.

>>59124073
Once link hits your yearly salary of $100 it will be funny watching you shit your pants and scramble in an attempt to get your hands on a single Link.