Chainlink Burned Through $30mil

[Anonymous No.15007757]

How did Chainlink burn through $30mil and why do they need $millions more with these dumps?

[Anonymous No.15007783]

>>15007757
Paying salaries
Legal consultations for compliance
Travel costs for dev team
purchasing Town Crier
giving out links for node operators
electricity and rent for office
tax

30 million is almost nothing in the business world

[Anonymous No.15007784]

>>15007757
its not necessarily that they need the money, but they want the money. You pumped it to 4 billion $ evaluation at the highest point and they own 3 billion, did u expect them not to cashout and be set for life?

[Anonymous No.15007792]

>>15007757
imagine thinking they actually sold that link, either you are just still fudding which has no effect on anything, or you are genuinely that retarded
>inb4 cope

[Anonymous No.15007795]

>>15007784
this.

anyone who thinks the chainlink team is still working on the project is retarded
its so obvious they just cashed out and are set for life, never to work on chainlink again

[Anonymous No.15007825]

>>15007792
no buddy they shoved it up their ass, do you think they are dumb like biz users? Any person on earth would slowly start cashing out at those prices

[Anonymous No.15007891]

>>15007825
the only reasonable person posting in this thread

do the rest of you retards seriously believe that a startup company wouldnt cash out after existing for 2 years and being live on mainnet for less than 6 months?
its so obvious they know they already reached the peak of their company and are slowly cashing out all reserves.
why the fuck would the chainlink team have any reason to continue the company after 2 entire years? its been far too long. its over, they know it, we know it, everyone knows it.

[Anonymous No.15008067]

>>15007757
So they can get an increasingly interested population (businesses most likely) enough supply to be a part of the network without impacting the open speculative market, while also not being seen as "those greedy assholes" that held their funding stack into the hundreds of billions of dollars?

[Anonymous No.15008107]

As just one point of contact, how much does an office in San Francisco cost per year, 3 mill? 5? 10? Depends on how big the office is but it's been 2 years of that alone.

Plus how do you know they even sold? They moved it to binance but they could just be waiting. My bet is they know they have something big coming up where the price will increase and want to secure funding during that period.

[Anonymous No.15008134]

>>15007891
it's all so tiresome

[Anonymous No.15008139]

>>15007783
>be able to easily slip away with $50 million each and live like a literal king in any 1st world country of your choosing
>set for your great grandchildren to be rich NEETs and oligarchs
>stick around to try and ‘solve’ the ‘oracle problem’

Imagine being this naive. They’re not starry eyed faggots like you, they took the money like anyone else would.

[Anonymous No.15008233]

God you cunts are stupid. Chainlink can cash out solid now and ensure they’re solid financially for a long time in case there is another crypto crash.

[Anonymous No.15008235]

>>15008139
That guy in your pic is so hilarious!
My grandfather sent me the video of this guy via Myspace.
Laughed so hard I knocked over a pile of 5 1/4" floppy disks.

[Anonymous No.15008246]

>>15007757
>*While you were posting images on 4chan, I was mastering the blade*
>*While you were staring at your computer for hours, I was honing my inner discipline through hours of silent mediation*
>*While you were chasing worldly gains, I gave up all my possessions and traveled the world with nothing for one year to learn self-sufficiency*
>*And now that the Chainlink team is regularly selling 700,000 LINK tokens and crashing the price, you ask me for help?*

[Anonymous No.15008249]

>>15007757
>How did Chainlink burn through $30mil
Like I have to say in every thread, they bought a company. TownCrier.

[Anonymous No.15008397]

>>15008249
For how much?

[Anonymous No.15008419]

>>15007891

This.

Why would you bother trying to solve some fucking computer science program with a bunch of greasy computer scientists, when you can cash out millions each and go fuck whores?

[Anonymous No.15008478]

>>15008419
For a little over 2 years of ‘work’, is day they did very well for themselves.

>scam a NEET
>don’t shit where you eat
>scam a NEET
>don’t shit where you eat
>eat a Mac
>gotta eat a Mac
>dump a LINK
>don’t hold till you’re pink
>shill on
>dump it
>shill on
>dump it

[Anonymous No.15008576]

>>15008139

There are plenty of autist-engineer types who like to stick with their projects --- maybe he wants billions not millions.

gates/bezos/zuckerberg etc

[Anonymous No.15008603]

>>15008249
>paying $30M to acquire one man company which has zero revenue
N-not a s-scam anon

[Anonymous No.15008623]

>>15007757
Millions is not a lot of money
Wealthy businessmen and women in NY spend like 20-30 million on their housing in a top notch location

Expand your mind
Realize millions to us is a lot
To the world is not

[Anonymous No.15008730]

>>15008623

>>expand your mind
>>a scam is not a scam

SIRGAY FOR PRISON 2020

[Anonymous No.15008887]

>>15008730
I want discord trannies to leave.

[Anonymous No.15008929]

>>15007757

I said this in another tread already... NOONE KNOWS.
This /biz/ bullshit is as good as some retards' dice game

[Anonymous No.15008936]

>>15008730
>2016 meme
Holy shit, the Trump election memetic artillery fire really gave you guys PTSD. No wonder Sillicon Valley is going full fascist to keep every shitposter off their platforms.

[Anonymous No.15008937]

Paying an entire ghetto to entertain Rory's wife.

[Anonymous No.15009087]

>>15008603
>what is buying intellectual property
Imagine buying the rights to Facebook from Zuck early on in 2004 when there was no revenue at all.

[Anonymous No.15009104]

>>15008139
>filename
You are a mentally I'll faggot along with all the bother Mac users.

[Anonymous No.15009168]

>>15007757

You are asking questions that nobody can or is allowed to answer.

[Anonymous No.15009997]

>>15007795
Aw shucks too bad I promised to never sell. Whatever will I do

[Anonymous No.15010023]

>>15007757
oh gosh here we go again another link holder fudding his own project pretending that $20 should be enough to make the 4th IR

[Anonymous No.15010059]

>>15007784
>>15007792
>>15007795
>coordinated team FUD
C’mon guys, you’re so obvious.
This isn’t reddit, nobody here ever agrees with each other, and why would anyone care enough to post about how mad they are at someone else making a bad investment? Who gives a fuck if people don’t sell their chainlink coins? Nobody does, that’s who. Well except maybe people trying to buy in cheap...

[Anonymous No.15010096]

>>15009087
Gee I wonder how Chainlink managed to beat all those billion dollar tech giants to acquire this revolutionary tech

[Anonymous No.15010273]

>>15010096
This is an important question. Anyone?

[Anonymous No.15010301]

>>15007757
>Open bars
>Big macs
>High quality escorts
>Personal income
It adds up pretty quick

[Anonymous No.15010349]

>>15007757
listing fees for nyse ;)

[Anonymous No.15010412]

>>15007757
>>15010349
>>15010301
God damn Chainlink’s transparency sucks. Dunno how investors are okay with silent dumplings.

[Anonymous No.15010509]

>>15010273
The same way Facebook did

[Anonymous No.15010538]

>>15007757
Is it known exactly when they sold their ICO ether? I doubt it

[Anonymous No.15010540]

>>15007783
What salaries? They were 3-4 guys for months. Most jobs are remote. They didn’t spent more than 2M in salaries until now.

[Anonymous No.15010615]

>>15010540
Don't pretend like we know when they hired their team members

[Anonymous No.15011057]

>>15008139
> have a shot at being literally the richest person on earth, on par with Saudi family etc.
> be content with just being a regular millionaire

Well, sure, being risk-averse has its benefits, but can you imagine thinking those what-ifs?

[Anonymous No.15011738]

>>15007757
sergey is building a chainlink node farm.
he needs that money for equipment and operating costs.

[Anonymous No.15011773]

Paying an army of biz and discord shills is not cheap.

[Anonymous No.15011815]

>>15010059
imagine not understanding the simple pleasure of mocking idiots that have lost all their money?

[Anonymous No.15011838]

>>15011773

You know, that is exactly what we have been thinking. NOBODY shills chainlink except a few a few /biz/ marines... why they do it is beyond me. BUT the fact that the company never even asked these few little marines means lots. I need no money friend. Yet I did buy link.

[Anonymous No.15011842]

>>15007757
Another shit post by the same brainlet.

[Anonymous No.15011935]

>>15011842

Do u have a problem Anon?

[Anonymous No.15012108]

They have always had a few anons on the team..it's absolutely genius. The best exit scam of all time

[Anonymous No.15012258]

>>15011815
Imagine having sex

[Anonymous No.15012440]

>>15012108

Right friend. I waited for my parents to die, before I went to join z´the Chainlink Team.... in order to not be just some dude... if you are serious I make the offer to you to beat you nose in <3

[Anonymous No.15012507]

>>15012440
Or u can beat my nose in? we will see how it goes fag? In either case.... be aware

[Anonymous No.15012610]

>>15007757
Town Crier acquisition. Basically, most of the money went to Sergey's pals at IC3 who created Town Crier. One of them is Ari Juels, who actually wrote most of the whitepaper.

Now you may ask 'was Town Crier worth anything at the time of its acquisition?' The answer is NO. Town Crier was literally a science project funded by the National Science Foundation. NO ONE would want to buy this shit. The acquisition was just a means of cashing out ICO money without hurting the reputation of the Cornell professors who work on IC3.

MODS WILL TRY TO CENSOR THIS

[Anonymous No.15012744]

>>15007757
>>15007757
How much $$$$ would you LINKIES pay for a HQ link/sergey painting?

>actual painting, not a shitty jpeg print.

[sage hide No.15012811]

>>15008139
>>15008478

> please sell please please sell all of your linkies 2 man team json parser vaporware scamcoin the devs are literally dumping as we speak please spoonfeed me even though i religiously but ineffectively try to fud in every link thread instead of trying to use a filter just ignore everything the team has done and sell your linkies no im not a swinglinker i have anons financial interests at heart i promise
Yawn
Sage and hide

[Anonymous No.15012951]

>>15008139
Could Sergey be a trillionaire?

[Anonymous No.15013318]

they know it's overvalued (btc ratio)
no other reason to dump team tokens

[Anonymous No.15013587]

>>15007795
look at what you are typing you fucking faggot
do you expect anyone to believe you?
holy fuck, you sound retarded

[Anonymous No.15013754]

>>15008246
kek

[Anonymous No.15013832]

>>15011838
>NOBODY shills chainlink except a few a few /biz/ marines... why they do it is beyond me

Cocksuckers realized that Chainlink is a scam and are now trying to sell at a higher price
Cmon its obvious

[Anonymous No.15014027]

So much FUD... the plan hasn't changed Marines

[Anonymous No.15014084]

>>15007757
Its expensive to pay yourselves salaries, imagine only paying yourself less than 10 million a year, not to mention all the yacht parties for moral

[Anonymous No.15014219]

>>15007784
>$4B market cap at peak

[Anonymous No.15014267]

Fresh ranks for fresh marines

[Anonymous No.15014287]

>>15014219
linker here, but see nothing wrong about it. if somebody is true player he do such a shit with every major project in the area he is investing. especially if the case is solving fucking oracle problem.

[Anonymous No.15014300]

>>15008576
>There are plenty of autist-engineer types who like to stick with their projects
Sergey is not one of them, given his track record

[Anonymous No.15014371]

>>15007783
>>muh cope
>>muh hiring team
>>muh partnerships
>>muh, muh, muh

all we ever hear from you faggots