/biz/ - Business & Finance

questions = FUD

bulgarian

>>59314516
Actually, that's a good fud point. It's either:

>well actually they're not getting paid millions for price feed
Or
>they're getting paid and abusing their position by stealing from the pot reserved for subsidies


At least this fud makes some sense

>>59314516
Good question.

I look at it like this: if they really were raking millions you'd have a competitor emerge. So it's either the network is so obscure and centralised no competition can access it, or they're not making money out of this.

>>59314524
>>59314539

Since when is asking legitimate questions considered fud? I hate nulink

>>59314516
current government overreach preventing crypto-based reward mechanisms that threaten the stranglehold they have on the banking system. i might have forgotten a few parentheses. expect this to change after inauguration

>>59314617
It was a joke you triggered artist

>>59314629

>>59314516
Ok let me put it in simple words for you.

Imagine you are a middle man selling burgers from Mc Donald's.

Your clients give you 1 million dollar to buy big macs.

Now you have retards giving you 1 million free Mcdonalds voucher to buy big macs.

What would you do? Pay for the big macs or use the free vouchers?

>>59314539
Theres a third solution where they're just dishonest and trying to make money on both ends

November 29, 2020:
DOGE: $0.003
SHIB: $0.00000000016
LINK: $12

November 29, 2024:
DOGE: $0.40
SHIB: $0.000025
LINK: $17

THE premier…KEKOLDS of crypto

>>59314516
Occam's razor: they're just scamming you.

Now wait for the 10,000 word essay from an advocate to tell you how actually scamming you is the only solution in the short term and you should be buying more.

>>59314901
During those 4 years, linkies spammed 'DRNS' and price projection cope all while making 0 gains. Truly...

Their hubris was their downfall.

>>59314901
>>59315023
>>59315044
oof but not selling

>>59314516
Anyone? I'd like to know the answer too

>>59314516
Bump. The lack of actual replies is a bit concerning to me I have to say

>>59315606
The Americans are sleeping. They bag hold the most

>>59314516
They'd just be buying LINK to pay the nodes in LINK, but they already have a bunch.

>>59315841
thread is nearly 6 hours old
don't cope

>>59315859
I don't own any link faggot. Didn't check the post time.

>>59314760
Lol at that analogy. It actually kinda works

>>59314516
BYTE isn’t just crypto, it’s the only dog I’ve ever trusted to give me life advice. Your alts could never SAY SHIT to you

>>59314516
Because they have expenses (500+ worker, conferences, etc).

>>59314516
Damn that's a nice thread, looks like you finally broke the advocates. The scam is falling apart.

What happens to Chainlink after 2030 when the team runs out of tokens to dump on open markets?

Will LINK go up because no more dumps, will the network be abandoned because it still won't be able to operate without subsidies or will it finally become sustainable and profitable?

Where will team salaries, node payments and staking yield come from?

Will CLL the private entity continue to fund the network with their accumulated reserve of other currencies or will Sergey just run away with that money?

Will the team modify or fork the contracts to emit more tokens?

Will /biz/ and crypto still be around in 2040?

>>59316216
sauce

>>59316616
link will go to 0 long before that

>>59314901
>>59315044
>>59315606
>>59316507
THE hammerheads of biz lmao

Technical details and fundaentals don't matter, stop bitching.

Look at XRP
>no users
>a fraction of a % of Link's institutional prospects
>MASSIVE inflationary dumping by the execs
>on record saying their tokenomics don't impact price
>???
>never leaves the top 10 during 4 years of SEC lawsuit, and now pumping hard against the market

>>59314516
you'd think with with billions of dollars of liquid capital they'd saved via their oracles being shit they'd have some sorta revenue but NO.

Enjoy buying/bagholding one of the oldest memecoins known in brypto midwits.

>>59316714
Ripple has half of Chainlink's Dune revenue.
It does not matter.

>>59316716
>xrp profits x while chainlink profits y
thank god for normies like you to let me gauge what is in the zeitgeist, make sure to top long it lil bro.

>>59316722
You brought up revenue

>>59316730
are you that fucking retarded to not understand what his img's statements plus his equate to?

holy fuck, i love this new zoomer market. Please stay in so i may make more money from you midwits.

>>59316737
You type like an angry highschooler

>>59316716
>Ripple has half of Chainlink's Dune revenue.
>>59316730
>You brought up revenue
>>59316740
>You type like an angry highschooler
And you think like a zoomer that is lacking a developed pre-frontal cortex

>>59316744
The convo actually starts here: >>59316714
>you'd think (...) they'd have some sorta revenue

>>59316744
I know you are sweatily typing these posts at mach speed. Your only response is to lash out with insults. sad.

>>59316750
the retarded zoomer realize that because scrolling up is too hard on mobile.

>>59314516
Anyone? It's a simple question. If they get millions in revenue, why are they using the subsidies? Why is no one's else acting as a contract operator? Looks like a great business idea.

>>59316836
You should post this on their YouTube videos or twitter and see what response you get

>Why is no one's else

>>59316848
Oh no I made a typo what are we gone a do. Your an faggot.

it's a private company. the only thing that's certain how they make money is that they sell a token. it could be entirely possible they have other sources of revenue that doesn't involve on-chain traffic, because that's verifiable, and that nobody can figure out because they are geniuses. is it likely? no. they are selling tokens, that's the business

>>59316714
>>59316722
>>59316737
>>59316744
>>59316757
Second hand embarrassment reading this. Thanks for the unfiltered cringe.

>>59316952
>thinks this is my first linkfaggot thread
I'm glad i tilted you enough to (You) each of my posts. You did more than you think first cycle retard. Enjoy your 2-3x.
I hope you hold long enough to realize it.

>>59314725
The average IQ of niggers in here is alarming.
How have you not died by forgetting to breathe already?

fuddies havent had their 4th fap today and are feeling FEISTY

>>59316616
It will be abandoned just like Sirgay's previous project, NXT.
>>59316675
>le Adem boogeyman
Cope, seethe and dilate.

>>59314516
Bump

Imagine being a dev donation scam like xrp but somehow getting mogged by it

Link team last 24 months
>we cant do build airdrops bc of regulatory issues

Hyperliquid this week
>airdrops $1.8B to users


LMFAO

THE Cuckolds of crypto

just bought my last Links at $18.40 t-he train is about to leave the station you can totes feel it. exciting times. we're all going to be so rich soon.

>>59317560