bancor

[Anonymous No.49748748]

it was great talking with all the bancor employees defending their protocol. lets do it again! THREE MILLION LINK PENDING WITHDRAWAL.

[Anonymous No.49748770]

>>49748748
over 3 million LINK pending withdrawal
>https://etherscan.io/token/0x516c164a879892a156920a215855c3416616c46e?a=0x857eb0eb2572f7092c417cd386ba82e45eba9b8a

[Anonymous No.49748807]

>>49748770
people are getting around 60% of their LINK back, the rest in BNT which they promptly sell to try to make their LINK stack whole. heres one of the latest withdrawals
>https://etherscan.io/tx/0xaecb5486d17445b515e119cc68ca1c67f68dd0ff2ad7aed5d0dd1399833fee57

[Anonymous No.49748995]

>>49748807
is this v2 or v3? I thought v3 did away with the BNT thing to make it whole

[Anonymous No.49749076]

>>49748995
this is v3. as we know from yesterday, v2 still instantly withdraw and you get all your link, but BNT rewards locked for 24 hours. V3 you have to wait 7 days, and then you get back 60% of your LINK + fresh BNT

[Anonymous No.49749344]

>>49748770
>>49748807
>>49748995
>>49749076

Link short squeeze possible, thread here:

>>49727432
>>49727432
>>49727432
>>49727432

Don't keep a single link outside of your wallet. There likely aren't enough to go around across CEXs

[Anonymous No.49749426]

>>49748807
Honestly the timing of this with the LINK short squeeze is pretty epic. Some percentage of 3 million LINK being market bought by people withdrawing. Bad for BNT but an extra bit of flavour in the "fuck the LINK shorters" narrative.

[Anonymous No.49749453]

Why are people so fucking stupid
We've had the highest volatility lately in a long time and liquidity is still fragmented and not as high as it will be
Literally the dumbest time to withdraw
But hey that's how markets work
I profit off your fear and your mania

[Anonymous No.49749487]

>>49748748
>>49748770
>>49748807

Excellent thread my nigga. Glad I can be of some service.
-Jason Parser

>>49749076
you're a stupid nigger. IL happens on v2.1 as well and has been for months.

[Anonymous No.49749528]

>>49749453
Except if bnt goes down u lose ur link, so is it worth it?

[Anonymous No.49749575]

>>49748995
You would be wrong.

[Anonymous No.49749709]

>>49749344
This is funny to the shorter though. 3 millions withdrawal on bancor, most of them will receive bnt and then they will market buy their stack back. Meaning the shorter is going to get rekt hard with this one

[Anonymous No.49749806]

where can you short BNT?

[Anonymous No.49749817]

>>49749709
Don't forget to pay your taxes when bancor swaps your link to bnt!

[Anonymous No.49749829]

>>49749817
Tax or lose ur link. Not a hard choice

[Anonymous No.49749848]

>>49749709
It's honestly perfect timing. Pretty much guaranteed 500k-1m LINK getting market bought. I hope the chink shorters are reading this right now.

[Anonymous No.49749849]

>>49748748
fucking lol

[Anonymous No.49749876]

>>49749453
its celsius bro
they had a shitload of eth and link on bnt and had to withdraw

[Anonymous No.49749912]

>>49749848
I have a feeling it’s Celsius. They are really shooting themselves in the foot with this one. Short link because they are going bankrupt, disrupt bancor causing a mass withdrawal and going to squeeze their shorts when people buy back. Hahahahah

[Anonymous No.49749925]

>>49749876
And they dumped literally millions of BNT. Sucks as a BNT holder but honestly if your protocol can't survive this sort of shit then it doesn't deserve to make it.

[Anonymous No.49749958]

>>49749912
That would actually be the worst outcome as Celsius would dump their BNT but not convert it to LINK. It would be better if it's LINK whales covering their asses who intend to buy straight back into LINK with whatever BNT they get paid out.

[Anonymous No.49749967]

>>49749487
buddy give me some on chain evidence from yesterday then. yesterday we had people taking their LINK off v2 and getting it all. i got all my link when i took it off v2 several months ago

[Anonymous No.49750004]

>>49749426
the timing is NUTS and there is no such thing as coincidence in my frame of reference

[Anonymous No.49750040]

>>49749958
I don’t think that 3 millions belongs to them, maybe partial. I know most are marines, I myself included

[Anonymous No.49750094]

It's a dumb ponzi. You solve the IL by printing but, it's literally been this way the whole fucking time.

When the bnt price dips you get a death spiral.

[Anonymous No.49750181]

>>49749344
>>49749426
>>49749709
>>49749848
Delicious.

[Anonymous No.49750257]

so mass withdrawal, linkies swap bnt back into link, those still LPing rake in massive fees, bnt dumps but afterwards stabilizes and then recovers as people realize this wasn't some LUNA death spiral situation, people realize the protocol works as intended and Bancor proves its robustness. sounds good to me

[Anonymous No.49750329]

>>49750257
For ur sake I hope u are right. For bancor they better slow down the dump or stabilised bancor before their short get squeezed lmao

[Anonymous No.49750383]

>>49750329
>For bancor
I mean Celsius not bancor

[Anonymous No.49750573]

>>49750257
Bancor surviving and the link shorters getting squeezed and link going straight to $20 would be really something.

[Anonymous No.49750748]

>>49750573
it's definitely unchartered territory for Bancor, but this is exactly the type of stress test a protocol needs to be able to endure to gain trust for mass adoption.

[Anonymous No.49751407]

I bought some BNT yesterday so you fags better be right.

[Anonymous No.49751473]

>>49748748
i started withdrawing my link from bancor last saturday.
how fucked am i?
6k stinkers in there

[Anonymous No.49751595]

>>49751407
you want them to be wrong dingus

[Anonymous No.49751733]

>tfw staked my 1k link on v3 three days ago
How bad did I fuck up? Should I withdraw? Afaik v3 didn't have BNT exposure.

[Anonymous No.49751931]

>>49750257
This kek. Thanks for the fees faggots

[Anonymous No.49751938]

>>49750573
bancor foundation could hypothetically make some moves, they have ungodly amounts of ETH

[Anonymous No.49751979]

>>49749528
You don't though lol

[Anonymous No.49751988]

bancor more like scamcor

[Anonymous No.49752017]

>>49749849
OH NOOOOO WHAT ARE WE GONNA DOOOO????

[Anonymous No.49752101]

>>49751979
This moment is a test of its endurance. I refused to participate though, Ill wait until the storm settled

[Anonymous No.49752148]

Did the fees earned by the protocol migrate from 2.1 to 3? Because if there is only the V3 fees being used to compensate for IL then it's no wonder that bnt gets minted

[Anonymous No.49752260]

>>49751595
I meant these guys:
>>49750257
>>49750329
>>49750573
>>49750748

[Anonymous No.49752299]

>>49749967
What is this shitty v2.1 argument thats coming out of the bancor community right now?

First and foremost, the protocol was built to do this from scratch. Dumb niggers pretending this is a new problem either don't understand what they are investing in or are being intentionally obtuse. People have been complaining about this for months.

Second of all, what the fuck do you think is gonna happen? The team is gonna roll back to 2.1? What argument are you even making?

[Anonymous No.49752691]

>>49750748
oooh that cope; can't you smell that cope. It's ogre, BNT bagholders. Say shalom to your stack.

[Anonymous No.49752970]

>>49750040
Celsius withdrew 1.3 million link from bancor in the past few days.

https://etherscan.io/address/0x4a65e76be1b4e8dd6ef618277fa55200e3f8f20a

[Anonymous No.49753476]

>>49751733
If the price didn't change ever since you opened your position you're fine

[Anonymous No.49753530]

>>49752691
Wait a minute are you saying I've been tricked by /biz/ into buying BNT?

[Anonymous No.49753963]

>>49753530 it will be fine don't fall for the fud

[Anonymous No.49754133]

>>49753963
Why did you take soo long to respond I just sold wtf!

[Anonymous No.49754167]

Can't devs do something?

[Anonymous No.49754195]

>>49749528
it's a smart contract. Smart contracts don't go "down" dipshit

[Anonymous No.49754487]

ok could someone please spoonfeed me? There's something I don't understand, and no amount of googling, looking up aave faqs and bancor faqs will help.

Say I deposit my link on aave (I'm assuming it's the same on bancor). cool, now I have aLink in my wallet, to show I've deposited my link into aave, and I'll earn whatever if any interest rate is currently available, paid in aLink to me.

However now comes those that want to short link, they deposit their eth on aave, and use that as collateral to borrow link to sell in exchange for eth or more usd.

But what happens to my original link if the shorter never covers their short? Say they're happy to get their eth liquidated for whatever reason. I want to remove my link from aave, but my linkies are currently with someone else! does aave have to pay the gas fees to swap the deposited eth into link in order to repay me?

I'm sure I could figure this out by reading the aave smart contract code but I wouldn't even know where to start.

[Anonymous No.49754653]

>>49754487
When you borrow an asset using another asset as collateral, liquidation is done with the asset that was borrowed. Meaning, someone will buy LINK to liquidate their vault and get the ETH.

[Anonymous No.49754672]

Imagine being able to scoop up cheap BNT and knowing it has survived a hack, it survived Luna collapse and Celsius and 3AC collapse, getting its model stolen by Uni and Sushi, weak handed linkies and came out the other side just earning more fees, with higher TVL and improved risk rating, what a comfy place to ride out the bear

[Anonymous No.49754723]

>>49754487
There's still millions in pending withdrawals that will become available next week. That means a ton of BNT is set to be minted to cover IL and then get dumped onto the market, furthering the BNT price depression. Anyway able to sell their BNT before then should get out ASAP.

[Anonymous No.49754766]

>>49754195
Wow u are fucking retarded

[Anonymous No.49754785]

>>49754672
Link is good. I'm accumulating both.
I don't know why so many Link marines act like retards online. Offline they are all very nice.

[Anonymous No.49754894]

>>49754766
says the guy expecting an ethereum smart contract to go down like it's a fucking server

[Anonymous No.49755007]

>>49754894
I think he means that the price of BNT goes so close to 0 that even minting all the BNT in the world wouldn't be enough to buy the necessary LINK.

[Anonymous No.49755173]

>>49755007
exactly so it's a self-limiting system. why would people continue to withdraw their liquidity if the scenario more likely to product a better financial outcome is to just leave the liquidity in the pool and hope the token recovers. honestly this whole situation seems like whales trying to fud people out of the link pool and simultaneously drive the BNT price down to pick up cheapies.

[Anonymous No.49755185]

>>49755007
If that happens on the back of a dump this size, and it shouldn’t, then the protocol wasn’t sustainable. This is extreme market conditions but certainly not so extreme that it shouldn’t have been anticipated as a possibility.

[Anonymous No.49755212]

>>49755173
or maybe i'm wrong...it's just odd that we get a daily Bancor fud thread updating us on the pending withdrawal amount (which is cancelable btw)

[Anonymous No.49755278]

>>49755185
Celsius was known to be the largest LP on Bancor. So if they didn't disaster plan for this type of scenario then that's on them.

[Anonymous No.49755302]

>>49748748
So glad I never migrated my link, I was able to pull it out of V2 right away

[Anonymous No.49755450]

>>49755278
Yup agreed. There are so many unknowns, like how much treasury they have, or are willing to deploy, to backstop BNT redemptions, that it's very hard to say.
It's also worth factoring in that just because 3m LINK is in the queue doesn't mean all 3m are going to withdraw. It's game theoretically optimal for an LP to join the queue just in case, while they wait to see how the 1.3m affects things.
Anyway we're in for a hell of a week.

[Anonymous No.49755551]

i have 2 days and 15 hours until my cooldown ends to withdraw, set an alarm so i can immediately sell whatever BNT they give me for LINK once that cooldowns over. We will see what happens.

[Anonymous No.49755852]

>>49755212
Hmmm

[Anonymous No.49755962]

>>49755852
lmao SBF needs liquidity to short BNT into the ground.

[Anonymous No.49756030]

3.1m LINK pending withdrawal

[Anonymous No.49756072]

>>49756030
last person to withdraw 49.9k LINK received 28k LINK and 244k BNT. you are watching a ponzi collapse in real time. they havent even had a chance to sell their BNT to reclaim their LINK

[Anonymous No.49756104]

>>49748748
>>49748770
>>49748807
>>49756030
>>49756072
thanks for the updates chief kek

[Anonymous No.49756349]

>>49756104
no problem fren
>>49755212
and its remarkable and certainly thread worthly. i mean this whole 7 day withdrawal period did not start long ago. but i disagree that the simple act of making a thread to discuss a newsworthy item for which a thread does not exist, does not consistitute making a 'fud' thread. i dont give a shit if bancor survives or not. i dont have anything on the protocol at this time.

[Anonymous No.49756396]

>>49756349
looking forward to your identical thread tomorrow updating us on the withdrawal amount

[Anonymous No.49756448]

If Bnt goes below 2k sats I'm going to slurp and leave it in the protocol until the next bull run

[Anonymous No.49756514]

>>49756072
244k BNT is worth roughly 21.2k link right now so he does have the chance to recover his link

[Anonymous No.49756522]

>/biz/ is starting another bankroll because they are so autisticly attached to their linkies
kek, have never used bancor, how much liquidity do they have?

[Anonymous No.49756533]

>>49748748
>>49748770
>>49748807
oh my God I put my entire stack on bancor a week ago im a fucking retard

[Anonymous No.49756546]

>>49755962
https://twitter.com/banclord/status/1537907923250053120?s=21&t=tPvF98gD05UIj4XSwm_KVw

Hahahaha

[Anonymous No.49756563]

>>49756522
Woops meant bankrun
Kinda looking forward to how this all ends

[Anonymous No.49756572]

>>49756522
51 million dollars worth of link

[Anonymous No.49756606]

how do I short BNT?

[Anonymous No.49756689]

>>49756606
See:
>>49756546
Funding rate is 100% though. Sam lacks the liquidity hahaha

[Anonymous No.49756711]

>>49756349
>claims to not have anything on Bancor or care if it survives
>still takes time out of his day to post on biz to help others out of the goodness of his heart
>claims it isn’t fud
Really activates the almonds

[Anonymous No.49756838]

>>49756396
thanks fren ill see you there
>>49756514
for sure people right now are getting very close to requiring their stack. the issue is more and more people are going to be getting BNT at the same time, and will be looking to sell that BNT for LINK at the same time.
>>49756533
checked and oh nononononononono. never all in one spot (never go full retard)
>>49756711
checked and thanks for putting such a high value on my time. i was out working the chainsaw ealier, took a break made this thread, went to play cornhole with the neighbors, came back, here we are. ya, again, thanks for valuing my time so highly, its actually appreciated

[Anonymous No.49756839]

That shorted on ftx is asking to ger rekt

Barely any bankies printed today to cover IL but fudders don't want to mention that

[Anonymous No.49756871]

>>49756689
ftx is kyc kikery, too bad, BNT is basically guaranteed to death spiral at this point

been warning marines for 14 months now to withdraw

[Anonymous No.49757104]

>>49756711
it's LINK on BNT
/biz/ is obsessed with LINK
so yes, it's relevant

[Anonymous No.49757115]

>>49755185
inb4 we see our second death spiral in just a couple months

[Anonymous No.49757139]

>>49756838
>10 posts by this id
>this isn’t taking up any of my time plz believe me
Kek you expect us to think you’re just making Bancor threads for fun between doing yard work and hanging out with your neighbors? Your fake normie facade is completely see through. I wonder if you work at Celsius or just want cheap BNT. It’s amazing there were hardly an Bancor threads on biz and now suddenly there’s one daily filled with fake fud, and from someone with ZERO stake in the situation? Lmao fuck off faggot

[Anonymous No.49757211]

>>49752691
thanks for playing, goys

[Anonymous No.49757219]

>>49757139
literal template copepost kek

[Anonymous No.49757238]

>they FUD to scoop up cheap XYZshitcoin, HODL marines!

[Anonymous No.49757241]

>>49757139
I think you're right. I remember searching through the archives for any new information about Bancor a few weeks ago right when v3 was coming out and I couldn't find a single thread about it. I even checked several times over the course of weeks and SOMETIMES I'd find one thread, MAYBE two.

[Anonymous No.49757280]

>>49756572
Guess it could hold if only linkies run for the door

[Anonymous No.49757326]

>>49756533
what the fuck do I do, do I start a withdrawal right fucking now? I'm panicking.

[Anonymous No.49757339]

>>49757219
Except none of what I posted is wrong. Just explain what would make someone make daily threads about this when they claim they have no stake in the situation. That’s not cope, that’s just reality

[Anonymous No.49757354]

>>49757211
memes never lie

[Anonymous No.49757362]

>>49757219
>no argument

[Anonymous No.49757424]

>>49757280
bleh, it's less than 50m now
Link is also their second biggest pool just behind eth
If all linkies decide to fuck off it could very well destroy any confidence left in bancor

[Anonymous No.49757429]

>>49754785
Because fuck you.

[Anonymous No.49757525]

>>49756448
why would you slurp a token that is undergoing an inflationary crises? The token is down 60% in a month and continuing to crash rapidly to zero as they keep having to print more and more of it. Do you even understand what is happening?

[Anonymous No.49757651]

>>49757339
some people simply enjoy the shitshow
I, for one, warned fellow marines more than a year ago to distrust bancor out of camraderie
as for bnt bagholders, you can all rope for all I care

too bad I can't short your shitcoin, thus the entertainment will have to be a sufficient reward

[Anonymous No.49757948]

>>49757525
>inflationary crisis
I think the market is just taking a shit and you guys are trying to scare people

[Anonymous No.49758025]

>>49757948
it all goes perfectly, until shit starts moving exponentially
it's still algorithmic, just like LUNA/UST, only difference is instead of a stablecoin it prints more BNT
good luck

[Anonymous No.49758152]

>>49757525
the total circulating supply is around the same as it was a month ago
most of the minted tokens are minted and kept on-pool and are burned before they ever see the light of day
I believe bancor is a solid protocol and should be able to weather this out, so I will slurp if it goes down another 25%

[Anonymous No.49758189]

Is there a more based team than Nate and Mark?

Enjoy the road to their vision of top 10

[Anonymous No.49758216]

>>49758025
What about the BNT that gets burned? Look at the chart, dumbass.

[Anonymous No.49758220]

>>49757139
you cant
>10 pbtid
when im the OP, faggot. its my thread ill post all the fuck i want. this tells me you arent from here.

[Anonymous No.49758250]

>>49757424
there is over 30k eth on withdrawal line while the vault holds 28k eth
all of the withdrawals will have 20 - 80% eth bnt ratio thats 24mil sell pressure for eth withdrawals alone when they convert bnt back to eth.
you have to be quite confident in this if you are not worried

[Anonymous No.49758253]

>>49757651
you sir are based

[Anonymous No.49758297]

>>49758216
liquid goes up faster than burnt
much much much much faster
again, good luck

[Anonymous No.49758298]

>>49758220
We're just pointing out how odd it is that someone with supposedly no stake in any of this is making daily threads shitting on Bancor after weeks of no new Bancor threads. Also, don't act like it isn't at least a little suspicious that you had over 20 posts in your last thread given your indifference to the situation and all.

[Anonymous No.49758301]

>>49758220
Guaranteed I’ve been here longer than you, which is why it’s so easy to spot a coordinated fud thread you clown

[Anonymous No.49758315]

>>49758250
i haven't held anything on bancor since late last year so im waiting for the perfect moment to slurp and go back in as i believe it will eventually recover

[Anonymous No.49758323]

>>49757139
>>49758220
holy kek, he thinks i work for celcius. are fucking kidding me? i woulldnt touch that kike show with a ten foot pole unless jessica really did some convincing. i am a community member who holds chainlink and linkpool and ENS digits

[Anonymous No.49758325]

>>49758297
Look at my chart, you fucknut. You can clearly see they go up equally.

[Anonymous No.49758352]

>>49758301
i found this shit hole in jan 2018, i browsed b back in like 2009 and shit. i bought link in feb 2018

[Anonymous No.49758376]

>>49758325
a small difference on a massive massive exponential, makes all the difference in the world
last time, good luck

[Anonymous No.49758381]

Reminder that Jason Parser is Jonny's alt account.

[Anonymous No.49758395]

>>49758352
>He wasn't around for the ICO/Sibos 2017 threads

[Anonymous No.49758438]

Trade fees on v3 the last few days through the roof, so comfy

[Anonymous No.49758475]

>>49758395
it is what it is fren. i typed the entire conversation between sergey and lex, it took fucking forever

[Anonymous No.49758623]

>>49758352
I also bought Link early 2018, eth in early 2017. Calling you a Celsius employee was hyperbole, but you claiming to be an early Link buyer now puts of a schizo Linkie fudding for fun vibe. In either case keep entertaining yourself I guess

[Anonymous No.49758655]

3.2m LINK pending withdrawal. theres only 4.5m LINK in the v3 wallet

[Anonymous No.49758699]

>>49758655
Why is it a mystery about how/when the LINK will be distributed. None of this is manual, right? Isn't everything that is supposed to happen, including the BNT-equivalent forced payout, on their smart contracts? Shouldn't people know when this is going to happen (in line with Arbitrum rollup?) and exactly how the payout will unfold?

[Anonymous No.49758728]

>>49758623
thanks fren, im happy that you also bought LINK in early 18. i dont consider what im doing fudding at all thought. thats not the intention at all. fear uncertainy doubt. similar to the LPL/bancor threads i've made, its just about getting people to realize that you really need to hold this in your own wallet. seeking yield thru mystery sources by depositing it to someone else is what caused alot of people who used celcius harm. history repeats

[Anonymous No.49758783]

>>49758699
well i learned in the thread yesterday that you need to 1) initiate the withdrawal of your asset from bancor (in v3) and then 2) after 7 days have passed, you have to make another transaction to actually get your shit (60% your shit / 40% bnt). so there is a manual component to it, and then of course people will sell their bnt for their preferred asset.

[Anonymous No.49758809]

>>49758655
Holy fuck it’s going up fast! All LINK should be requested for removal from Bancor in about 36 hours. No way the platform survives this. OKEX LINK shorters will get squeezed raising LINK price into 20s just as Bancor goes into its death spiral and BNT nukes due to the masses dumping BNT to get what little $LINK they can buy back. Glorious.

[Anonymous No.49758811]

>>49758699
Checked. Yes exactly. You know EXACTLY what you’re in for.
>>49758728
Comparing this to Celsius is completely disingenuous as it is a CEX vs DEX. Do we understand the difference?

[Anonymous No.49758825]

>>49758783
>60% your shit / 40% bnt
Is it possible it gets as low as 0% of your shit?

[Anonymous No.49758907]

>>49758825
If the pool loses its peg due to spiraling BNT, it may lose LINK due to arbitrage, while increasingly cheap BNT is pumped into the pool, to the point where you get almost entirely everything in BNT - but in an extreme scenario it might already be close to worthless. I don't think that's what's going to happen in this situation, though.

[Anonymous No.49758982]

>>49758809
going to take a little longer than 36 hours. each withdrawal needs to wait 7 days, from checking images in my trashcan, we were at 1.5m pending LINK ~36 hours ago (yesterday 8:30am EST). so up 1.5m+ LINK which is the biggest chunk which will be available to withdraw after the 22nd of the month.
>>49758811
CELCIUS WAS ONLY MENTIONED BECAUSE YOU CALLED ME A CELCIUS EMPLOYEE. holy fuck kid. i would not have mentioned their name had you not, faggot

[Anonymous No.49759003]

>>49758907
yep I initiated my withdrawal, gonna lose overall LINK from my initial but I dont care, just want my precious linkies back
please let bancor survive another week before it implodes like celsius

[Anonymous No.49759061]

>>49758982
You specifically said Bancor will pull a Celsius. It has nothing to do with me saying you had a relationship to Celsius. Bancor is a dex, not a cex. You’re once again proving how much of an uneducated faggot you are and clearly fudding for some ulterior motive

[Anonymous No.49759109]

>>49758982
I meant 4.5M will be requested for removal within the next 36 hours at the very latest. This is looking terrible for Bancor along with the OKEX short squeeze on LINK about to happen. I’d make sure I was removing all assets into my own custody. No one has any idea how far this market contagion has spread. I’m not a retard though, my cubes are safe, waiting to be deployed for staking, and because I didn’t fuck with kikes I’ll be getting early staking access.

[Anonymous No.49759188]

>>49748748
Perfect, now I can finally accumulate some bnt cheap and get in on the future pools while you all fight over link staking LOL

[Anonymous No.49759198]

>>49759109
>into my own custody
Do any of you retards know how a dex works?
>early staking access
Weird how you claim that, yet nobody knows who is actually going to be staking the first amounts with Link. More coordinated fud kek

[Anonymous No.49759210]

>>49759061
sorry are you implying that a dex cannot go tits up? i dont own any bancor. dont use bancor. dont work for anyone. you are turning out to be quite the faggot yourself

[Anonymous No.49759278]

>>49759198
smart faggots own linkpool, we dont need to worry about silly things like 'staking details'. the moment that staking of LINK is available, we will just stake with linkpool, one of the original THREE nodes in the network. nice.
>>49759109
yes i have a feeling we will see the ratio of LINK to BNT recieved to change over that time. right now ( the last person to withdraw) got 57% of their LINK in LINK, rest in BNT

[Anonymous No.49759312]

>>49756533
>>49757326
Leave it bro it’s way better that way

[Anonymous No.49759330]

>>49759210
I’m implying you enter a SMART CONTRACT and know the exact possible risks. They are laid out in code. Not like Celsius where they make a disclaimer and call it a day. It’s not “history repeats itself” if it’s 2 completely different examples.
>I don’t own Bancor, I’m not invested, etc.
then WHY. ARE. YOU. HERE.

[Anonymous No.49759369]

>>49758315
High IQ, stop telling them

[Anonymous No.49759390]

So short squeez on Link, what price can we expect my linkies stinkies?

[Anonymous No.49759414]

>>49759278
Big yikes! It’s gonna flip to Majority in BNT very soon. Then the mass selling into LINK begins when the masses unlock. LINK price soars, squeezes shorts and soars even more. Some BNT link marines left with sweet fuck all.

[Anonymous No.49759459]

>>49758315
the BNT nadir, i think thats when you LP. get fat aprs and protected from downside of BNT if you mistime. slurping bnt is also a decent play

[Anonymous No.49759506]

>>49755278
are Celsius and Bancor the two biggest Israeli crypto companies?

[Anonymous No.49759507]

Uh oh… ETH Whales are already dumping their bags and front running the blood bath that’s about to ensue over the next week.

https://twitter.com/whalestats/status/1537945263574089728?s=21

[Anonymous No.49759510]

>>49759330
i can be on 4chan and make threads about what i see as a previously stated community member/ link holder/ lpl holder/ ens digit minter. you're running on thin ice pal
>>49759414
c'est la vie. havnt used french in years but thats just what came to my head. is what it is. such is life

[Anonymous No.49759532]

>>49759330
OP is massive retard who probably lost a few link because he withdrew from bancor at a dumb time and didn't understand the protocol

now he's like a jaded ex having a massive meltdown and being a disingenuous irrational cunt

bancor will be fine and will likely go on a massive run when there's another defi summer as it's one of the best defi out there and one of the few bad actors in the space (it's anit-MEV etc)

[Anonymous No.49759561]

>>49749817
imagine declaring let alone paying taxes on token swaps, lol. lmao, even.

[Anonymous No.49759707]

>>49759532
i withdrew from v2 as i already stated in this thread here >>49749967
try reading the thread. i suffered no loss months ago. even if i did, i'd sell the BNT for LINK and be on my way, no worries. theres no one yet that would be 'jaded' as you describe. but by next week, oh boy... good luck bnt bros

[Anonymous No.49759739]

>>49759707
>out of bancor months ago "happily on his way"
>23 posts by this ID

[Anonymous No.49759751]

3.3m LINK pending withdrawal
>nothing to worry about ^tm

[Anonymous No.49759780]

>>49759739
congrats you are the second person making the muh too many posts reeeeee argument. its my thread i will post as many times as a fucking feel like it. is that clear?

[Anonymous No.49759859]

>>49759780
its friday night anon, stop obsessing over something that has nothing to do with you and go outside

[Anonymous No.49759864]

I don't know whether to panic withdraw my 600 link or slurp BNT at 10 cents. It's a cool protocol so I really hope for the best

[Anonymous No.49759950]

>>49759859
thats actually good advice, you're probably a decent chap
>>49759864
i hope bancor survives, i used it anytime im swapping something for something else.

[Anonymous No.49759965]

>>49758811
>it is a CEX vs DEX
Literally irrelevant. It's the Tokenomics that count and bnt has garbage Tokenomics.

[Anonymous No.49760058]

What’s with the concern shills attacking OP? BNT is super safe so there’s no worries about a little fud right? Faggot kikes, can’t wait to see you lose everything cause you were too impatient and had to get your apy now. Watching all these houses of cards burn while link gets stronger is incredibly cathartic.

[Anonymous No.49760322]

>>49759751
>26 posts by this ID with similar shit
okay this is sus

[Anonymous No.49760336]

What possesses someone to make these threads. This is your 3rd thread 3rd day in a row. Anon are you austitic? I recommend using that savant level attention span for something actually useful. Or perhaps you have some incentive or profit motive in moving the BNT price downward?

[Anonymous No.49760384]

>>49759330
>know the exact possible risks. They are laid out in code.
lmao implying anyone here can actually read code

[Anonymous No.49760405]

>>49760322
congrats you're the third bancor employee pointing out my post count in my own thread. i can post as many times as i please, is that clear?

[Anonymous No.49760422]

>>49759198
>>into my own custody
>Do any of you retards know how a dex works?
if the protocol can liquidate you for other shit then no, you don't have full custody

[Anonymous No.49760450]

>>49760336
theres nowhere to short BNT, i checked aave the other day. thank you for your concern about my mental wellbeing. its tuned into link pending withdrawals from bancor right now. its absolutely relevant to the interests of this board, and there was no pre-existing thread so you're dam sure ill make one every time. see you tomorrow with 4.5m LINK pending and 4.5m LINK in the bancor wallet

[Anonymous No.49760483]

>>49759864
that's 6 make-it stacks anon, at least taking out a couple hundred to hedge isn't the most insane idea

[Anonymous No.49760521]

>>49760405
Anon let me run you through something that's served me EXTREMELY well
>NOBODY spends an autistic amount of time convincing other anons of something unless they have a financial incentive to do so

I've been seeing this for a few days now and my only guess is that you're the one posting this thread day in day out. Maybe you aren't, and that's fine, but now you're falling onto the
>UHHH BANCOR EMPLOYEES HAVE INFILIRATED /biz/ TO DEBOONK ME. You can do what you want, but I urge anons to keep track of shit like this because nobody worth listening to has this much time in the day to be this autistic out of the kindness of their heart.

[Anonymous No.49760531]

BLACK
NIGGER
TRANNY

[Anonymous No.49760542]

>>49760058
Ultimately not concerned. Ironically enough it makes sense for us “concern trolls” to have a conversation. Unlike OP who talks out of his ass but “doesn’t have a stake in any of this” kek. And wtf are you on about with the apy? Bancor literally eliminated LM rewards to fight inflation and these unsustainable degen apy’s you see marketed that are too good to be true
>>49760384
That may be so, but my point still stands and on principle it’s true

[Anonymous No.49760567]

>>49760521
To be fair to him it is a pretty big deal whether Bancor collapses or not and this is absolutely a subject worth a permathread right now

[Anonymous No.49760611]

>>49760567
I really don't see it collapsing from what I've seen, but if it does guess my 1000 Link are screwed anyways. it is what it is

[Anonymous No.49760654]

>>49760058
based
>>49760542
ok bancor employee thank you
>>49760521
kek its no secret bancor employees regularly are on here posting. they havnt debunked anything. all ive posted are the withdrawal amounts of LINK from Bancor. apparently is a concerning amount given the attention its getting.

[Anonymous No.49760686]

>>49760654
see this is your problem
>all ive posted are the withdrawal amounts of LINK from Bancor. apparently is a concerning amount given the attention its getting.
only attention it's getting is from your thread. I went poking on other social media sites, barely a peep. People have called you a retard and youve just called them employees
>it's no secret
oh really? source? you can post transaction hashes all day but let's substantiate your claim kek

Also don't get too full of yourself nobody gives a shit about stinkies myself included. Let's see the other bigger withdrawals on pools that matter. Linkies add nothing of value to most platforms other than just sucking up liquidity for no good reason (pretty much every lending protocol)

[Anonymous No.49760728]

>>49749426
>Some percentage of 3 million LINK being market bought by people withdrawing. Bad for BNT but an extra bit of flavour in the "fuck the LINK shorters" narrative.
why would link need to be market bought when it's being withdrawn from a pool? lmao are you people really this fucking stupid here?

[Anonymous No.49760757]

>>49760567
thanks fren.
>>49760686
oh im sorry have i not replied to people calling me a retard in the correct manner for you? oh my! and thats the nicest thing you've said today, that these threads are the only attention. that means all 3.3m LINK pending withdrawal is practically organic right? oh uh you just admitted that!!

[Anonymous No.49760770]

>>49760654
It gets attention because there’s more than enough liquidity to handle, and then some. Each post you make about it adds to how much of a colosal retard you are

[Anonymous No.49760773]

>>49760757
uh oh stinkie you don't have any proof anybody is a bancor employee you're just a fag. cheers, please withdraw your shit. I'm begging you if you're in it. Begging everyone to do it.

[Anonymous No.49760808]

>>49760728
sorry fren. you're gonna need to look in the mirror for this one. its been previously explained and evidence has been provided that the people trying to withdraw LINK from bancor v3 (tm) are receiving only 60% of their LINK back, with the rest of the value replaced with BNT. they then sell that BNT for LINK to try to make up that other 40%. the issue is the more and more people that do that, pushes the price of BNT down more, and then the next person gets even more BNT printed, and sells, drives the price down, etc.

[Anonymous No.49760822]

>>49760686
link me the pending ETH withdrawals from bancor. you wont...... you literally wont

[Anonymous No.49760863]

>>49760770
nice
>>49760773
kek as if theres proof anyone is anyone on this board. YOU ARENT ALLOWED TO SPECULATE NO SPECULATION ALLOWED HERE.

[Anonymous No.49760867]

>>49760542
You’re incredibly concerned because you fucking faggots are scared you’ll be left holding worthless bnt from a bank run. That’s why you fucks keep responding to op’s thread, if you didn’t care you’d sage and slide but instead you’re deboonking like a soi faggot. Here’s another bump for you op.

Remember anons, based and redpilled 42 says to put all your link on bancor! Israel is our greatest ally, shalom!

[Anonymous No.49760896]

>>49760728
Because they don't get 100% of their LINk, but the other portion in BNT. And then they dump that BNT to market buy LINK to try to get to their original stack

[Anonymous No.49760923]

>>49760822
Burden of proof is on you???

>>49760863
oh well you're the one who said it was no secret bancor employees are posting here. Yet again you're a delusional link poster still holding linkpool as well expecting staking to come ANY DAY NOW BROS?!?!?!?!?

I can speculate that the world is going to end tomorrow and we're going to be flung into the sun but that doesn't make it true and everyone can call me a fag for it.

>>49760867
I've got nothing better to do. I'd love to lose all my link actually. I just want to be done holding this shitcoin. I could have bought ethereum and instead I bought chainlink. What a scam

[Anonymous No.49760955]

>>49760867
kek based. unironically i checked 42's wallet (forty-two.eth) the other day and saw that he started to withdraw his LINK from bancor, and then learned that theres actually a 7 day waiting period to do so.

[Anonymous No.49761027]

>>49760058
If you think a 7 day lockup is bad, just wait until v0.1

[Anonymous No.49761088]

>>49760896
based facts
>>49760923
HOLY FUCKING KEK. EVERYONE LAUGH AT THIS ANON. he says here >>49760686
>Let's see the other bigger withdrawals on pools that matter
i ask him to post an etherscan URL of the ETH withdrawals from Bancor and he goes >>49760923
>Burden of proof is on you???
OMEGALUL. just hilarious. thank you for providing that in real life laughter. uh oh. i just might source your loose faggot ass.
>https://etherscan.io/token/0xab05cf7c6c3a288cd36326e4f7b8600e7268e344?a=0x857eb0eb2572f7092c417cd386ba82e45eba9b8a
8.7m BNT pending withdrawal. i wonder if people will sell 100% of that or only 99%?
>https://etherscan.io/token/0x256ed1d83e3e4efdda977389a5389c3433137dda?a=0x857eb0eb2572f7092c417cd386ba82e45eba9b8a
wait theres 30k ETH pending withdrawal. >>49758250 this anon wasnt fucking around
holy shit. thats $30m in ETH
>he needed a source

[Anonymous No.49761106]

>>49760955
checked, I just have a seething hatred from all these kikes who basically ruined the bullrun and turned this into crypto's second dotcom crash. There was an anon in one of the other short squeeze threads earlier today who admitted he wanted to see link go to zero just because he got liq'd on AAVE, these are the type of people you're dealing with, gambling kikes who want you to burn because they're paying for their own reckless greed. And they're so goddamn stupid they don't even understand how to sage a thread properly. Buy link, get it the fuck off exchanges, do not put it on aave, do not put it on bancor, do not put it on celsius (not like we have to worry about that anymore), stake properly with link staking when its out, and you will make it.

[Anonymous No.49761123]

OP loses all credibility by announcing he's a LINK and a Linkpool holder. Have LINK cultists ever been right about anything in the last 5 years now? Sergey has been dumping coins for years yet I've been reading the same hopium over and over again. Maybe if he hadn't outed himself as one of those mentally ill retards, I'd give some thought to his claims, but look at how he types. Total autism. He gets asshurt when I ask him to source shit >>49761088 for things other than his disgusting link bags. don't worry stinkie, staking is coming this year :)

[Anonymous No.49761154]

>>49761106
words of wisdom anon, glad you're here

[Anonymous No.49761160]

>>49761088
checked again, ALSO ironic how they keep accusing you of having a financial incentive here and that's the only reason you're posting, MEANWHILE, why the fuck would they respond to your htread if they didn't have a financial incentive? They'd just let it die. But no, they KNOW there's an issue with bancor and IL that can't be solved if people withdraw too quickly, and they're fucking scared, because they don't want to be left holding bags of fucking BNT.

[Anonymous No.49761163]

>>49761106
>muh LINK on loan platforms killed the link bull run
oh my god nobody tell him

[Anonymous No.49761176]

>>49761123
kek i sourced you now make sure to distract from it completely. staking is coming this year faggot.

[Anonymous No.49761212]

>>49761123
>>49761163
anon you're on a fucking link board, who tdo you even think you're shilling your bancor shit to? kek I'm loving this. you fucking NEED our bags, that's all you've got.

[Anonymous No.49761216]

>>49761160
kek i am glad you're here anon. it gives me a chuckle too, i'd have to bring it back to an old saying
>the jew cries out in pain as he strikes you

[Anonymous No.49761275]

>>49761176
Hey I don't have an argument -- but I think there's enough liquidity. So we shall see. :) IL is a long term thing. If you weren't gonna stick around for a year or so then bancor wasn't the place to drop it either
>IT'S COMING GUYS I READ THE STARS FROM SERGEY'S BIG MAC TWEETS
Awesome, maybe a 5 percent guaranteed return on my chainlink will save my -90% shitcoin from dumping. We're fucking SAVED bros!!!!

I'm just "speculating" and my speculating is that a shill who has convinced me not to sell my bags at ATH because it's going to recover and go to the moooon!!!! See you in a year when this turns into a nothing burger, but thank you for your service I'm sure you have been making this thread for days because you just care about your /biz/bros

>>49761212
this hasn't been a link board in years you stupid homosexual. First year here? Everybody hated you faggots in 2018. Then you got your bullrun in 2021 after you shut the fuck up for a while and we got overwhelmed by BSC pajeets. Perked up and then we got to watch you bleed like stuck pigs as your coin dumped against ETH and USD. I could have sold all my link for six figures and now it's barely worth five figures.

[Anonymous No.49761306]

>>49761216
I just can't get over the irony of a bancor shill shittalking link like it doesn't matter at all... crypto is such a fucking joke, the entire market is shitting itself because of how worthless all this kikery is, link's the only project in the space actually attempting to do anything more than shuffle shitcoins around, and these fucks have the audacity to act like link is a shitcoin, when bancor does NOTHING except let you trade fucking shitcoins like pokemon cards. I'm loving this bear market so far, think we need at LEAST another 6 months of wreckage though.

[Anonymous No.49761332]

>>49761275
>we
get the fuck off this website you fucking foreskin sucking demon.

[Anonymous No.49761355]

>>49761306
It's worth so much that Sergey dumped 25 percent of the token on the market in 2021. Maybe 2022 will be better? Pretty convenient how you ignored my post >>49761163 to call me a shill. Come on anon, lemme guess
>I-IT'S GOING TO NODE STAKERS GUYS

[Anonymous No.49761422]

>>49761355
>goy respond to my pilpul don't talk about bancor link is a shitcoin goy

[Anonymous No.49761491]

>>49761332
>nooo it's the JEWS that are the reason that my token is performing like shit and not the fact that nobody really sees a point in buying a token that has no use for the average retail and institutional investor if you aren't in
>>49761422
shhh it's okay. Just post your BNT short and everything can be avoided. I know that's why you and captain faggoty OP are here.

I love taking the time to piss off you stupid stinkers too. My only regret is I bought LINK instead of Fantom. I'd still be in massive profit while I'm barely in profit on my LINK. Thanks again guys.

My shilling's been pretty effective too. I am sure I'm gonna make big bank on derailing this thread

[42 No.49761497]

>>49760955
>unironically i checked 42's wallet (forty-two.eth) the other day and saw that he started to withdraw his LINK from bancor
after reading through multiple threads and speaking with the Bancor team themselves, I've decided to cancel the withdrawal
I will ride out the volatility and earn passive income from the panic
exciting things coming in the pipeline with Linkpool and Bancor collaboration

[Anonymous No.49761548]

>>49761491
I'm not shorting shit because I don't play jew games, I bought link and held it, probably just like OP. You're a fag who thought he could play market maker and now you're scared you're gonna get left holding worthless BNT so you're responding in vain. And again you're still too stupid to even know how to properly sage a thread and keep it from being bumped. But here's another bump for you OP. Let's all enjoy the ride.

[42 No.49761578]

>>49761027
>If you think a 7 day lockup is bad, just wait until v0.1
hopefully there will be mechanisms in place to prevent a LIDO type stETH situation when link staking is released

[Anonymous No.49761611]

>>49761548
based fellow holding-spot chad

[Anonymous No.49761638]

>>49761548
I am not saging. Saging and letting everyone know is pretty easy actually but you're probably too new to even know how to get around that. I used my LINK to take out a loan in USD, buy Fantom, and then sold it. Nice consolation prize. At least I don't need to play mindgames to convince myself that my worthless token is being manipulated as the creator dumps on me and whales dump on me.

How do you cope knowing that you could have sold at life changing wealth and didn't? How many bag holders do you think are waiting to dump on you the moment link returns to double digits? Honest quesiton. I'm sleeping okay. No wonder you need to shitpost about BNT. Just the latest boogieman that's suppressing link kek

[Anonymous No.49761671]

wait a second here my jew detector is going off, sorry for all the noise
*BEEEEEEEEEEEEEEP*
its just really going off i think it detects something let me check. oh!
>>49760611
>but if it does guess my 1000 Link are screwed anyways
>>49761275
>this hasn't been a link board in years you stupid homosexual. First year here? Everybody hated you faggots in 2018.
so wait. he claims to own 1000 LINK. okay fine maybe you do. But then he calls 2018 link holders faggots???? LOL. thats questionable. If i was a 2022 person with 1k link, i'd call 2018 persons with link absolute legends. smells like more jewish tricks. we can go all night if you want

[Anonymous No.49761693]

>>49761497
BNT gonna take a hit though over the next week. like .10 or .05 or some shit

[Anonymous No.49761715]

>>49761497
hey fren i hope all works out and anything related to Linkpool gets me excited. hope the garden is doing well

[Anonymous No.49761741]

>>49761671
>wait a second here my jew detector is going off, sorry for all the noise
having that same problem right now

[Anonymous No.49761742]

>>49761671
>maybe if I keep coping about jews my link will go up
kek

I actually hold 2000 link. 1000 LINK was in aave, 1000 was in bancor. I withdrew the LINK on aave since I didn't really need it there anymore. How the FUCK can you call anyone who held up to 50 dollars and then back down "legends?" Being a retard isn't praise worthy. Or let me guess -- everyone in /gme/ is a financial genius too for bag holding their retarded tier schizo shit?

[42 No.49761751]

>>49761693
I know, which makes it the worst time to pull out

after deliberating and studying the matter deeper though, it seems pretty clear that bancor will survive and I plan on keeping my LINK parked there until staking comes out, not like I was planning on doing anything with my LINK until then anyway

>>49761715
>hey fren i hope all works out and anything related to Linkpool gets me excited
it should, people are still sleeping on it:
https://www.reddit.com/r/Chainlink/comments/vdpejl/ama_start_with_smart_contract_research_forum_core/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

>hint: linkpool working on chainlink token dynamic pricing and with bancor with LPLa for community staking

https://devpost.com/software/direct-request-coordinator-drcoordinator

[Anonymous No.49761754]

>>49761671
Its all pilpul to distract from the message, they're scared and that's why they're posting in vain to try to derail your thread. Again if what you're saying didn't matter and nobody cared they'd just ignore you.

[Anonymous No.49761763]

>>49761751
dude bancor is going to death spiral. get out now.

[Anonymous No.49761770]

>>49761491
>I know that's why you and captain faggoty OP are here.
im here because its my thread. and yet here you are questioning why im here which makes everyone else ask why are you here?

[Anonymous No.49761800]

>>49761770
I'm here to kick stupid stinkies when their latest conspiracy fails lmao. If what you say is true then I can't get out anyways. If you're wrong, then the only one who is gonna remember is you as you sit in your corner waiting for link to go back up

[42 No.49761838]

>>49761763
>dude bancor is going to death spiral. get out now.
you are completely demoralized and are run by your panic and emotions
>>49761800
>I'm here to kick stupid stinkies when their latest conspiracy fails lmao

[Anonymous No.49761852]

>>49748748
Fuck JANNYS suck my nigger cock

[Anonymous No.49761864]

>>49761497
Thanks for the input

[42 No.49761895]

>>49761715
>hey fren i hope all works out
it's funny, after carefully studying this and reading these threads over the last few days, I feel comfier
counter-trading the market is a good strategy and I am getting greedy again after being completely disenfranchised in December '21

[Anonymous No.49761903]

>>49761751
a lot of people seem to want to jump out then jump back in the pool once this has settled. IF BNT doesn't break a lot will come back with different IL starting points. The max total IL dept is finite though

[Anonymous No.49761923]

>>49761838
LINK is currently just 5% of my portfolio. You're damn right I'm demoralized. It used to be ~40 percent of my portfolio. I was so thrilled that I managed to get enough to have two suicide stacks. What has it done for me? Demoralize me. Shit like ADA outperforms LINK. I could have bought ETH and bought an equally sized LINK stack. So yeah, I'm pissed at this shitcoin and I'm going to make it everybody's problem until it either goes to 1000 eoy or it goes to zero.

[42 No.49761967]

>>49761864
>Thanks for the input
I've only gotten more bullish after being demoralized in December. Working on a few exciting projects now related to Chainlink and smart contracts and it's made price charts and price action a lot less interesting to me

>>49761903
>The max total IL dept is finite though
it is

>>49761923
>LINK is currently just 5% of my portfolio. You're damn right I'm demoralized
that's how the market makers shake out undisciplined retail

>>49761923
>Shit like ADA outperforms LINK.
a flash in the pan, our industry is a marathon, not a race:
https://twitter.com/arvanaghi/status/1537519858233008128?s=21&t=qL8777rmDkx6aa-loN8HRA

https://twitter.com/serjkorj/status/1529058768935194624?s=21&t=qL8777rmDkx6aa-loN8HRA

[Anonymous No.49762000]

>>49761800
kek you're honestly on another level of distraction. like that dodgeball movie. dip, duck, dodge, dive and dodge. Lets take it back. you said no 'real' asset is being withdrawn from Bancor. i told you to check ETH bancor pending withdrawals and you cried "source me daddy". lets discuss the 30k ETH pending withdrawal since its a 'real' asset.
>>49760686
>>49760822
>>49760923
>>49761088
now lets look at the most recent successful withdrawal from the nearly 31k ETH pending withdrawal. this guy withdrew his 9.1 ETH and got back 5.8 ETH + BNT. nice
>https://etherscan.io/tx/0xdd3cc10a30832b246a2b9108a714c5aafac42c0978cd1c4470ae6a55d5aac439

[42 No.49762009]

>>49761903
>The max total IL dept is finite though
>>49761903
>a lot of people seem to want to jump out then jump back in the pool once this has settled
exactly, as more people pull out, yields go up and incentivize others to come in
Bancor has been completely transparent and is a true DeFi protocol. By keeping my link in the LP, I am making a bet that Bancor will survive
If I am proven correct, I will dab on everyone in /biz/

[Anonymous No.49762032]

>>49762000
hey i said i was wrong so you're chillin champ. Maybe you should lead with that rather than link because 3million LINK that generates fucking no fees whatsoever for any platform deposited is not a huge deal to me. Best of luck!

[42 No.49762043]

>>49762000
>now lets look at the most recent successful withdrawal from the nearly 31k ETH pending withdrawal. this guy withdrew his 9.1 ETH and got back 5.8 ETH + BNT. nice
I will bet that as the ratio gets worse, people will just let it ride instead of panicking as they figure it's a wash anyway
what is happening to Bancor right now is a crucible for DeFi
let's see who will win: DeFi vs. CeFi
>hint: I am betting DeFi will win

[42 No.49762148]

>>49761751
>hint: linkpool working on chainlink token dynamic pricing:
https://youtu.be/esRojq4YU6U

[Anonymous No.49762165]

>>49761895
well we know one thing for sure: for the people withdrawing and receiving 60% link/ 40% bnt, we know they'll be utilizing the link pool on bancor to swap that bnt right back for link. big fees going to the liquidity providers coming up no doubt.
>>49762032
have a good night fren, sleep well. im about to myself.
>>49762043
thats a good point, it is good to test this early before we really get going. as sergey has said, we are picking on snacks on the way to our seats at the proverbial baseball game

[Anonymous No.49762182]

>>49761923
>I'm pissed at this shitcoin and I'm going to make it everybody's problem until it either goes to 1000 eoy or it goes to zero.
based agitator

[42 No.49762185]

>>49762165
>we know they'll be utilizing the link pool on bancor to swap that bnt right back for link. big fees going to the liquidity providers coming up no doubt.
>high APY now --> don't withdraw --> protocol survives --> earn more LINK --> withdraw during the good times --> profit

[42 No.49762259]

the time to panic was in winter 2021 and I cashed out a shitton then
the time to be greedy is now, but as usual people are too spooked and panicked to be disciplined

scared money doesn't make money, maybe this game isn't for some anons here, and that's okay, you can just admit that this shit is too scary or complicated to discern or too immature of a market
you would be better off just DCAing spot crypto and holding it in cold storage

>>49762165
>thats a good point, it is good to test this early before we really get going. as sergey has said, we are picking on snacks on the way to our seats at the proverbial baseball game
MFW

[42 No.49762295]

>>49762148
>hint: linkpool working on chainlink token dynamic pricing:
>>49762043
>let's see who will win: DeFi vs. CeFi
>>hint: I am betting DeFi will win
https://devpost.com/software/direct-request-coordinator-drcoordinator

[42 No.49762364]

>>49761578
>hopefully there will be mechanisms in place to prevent a LIDO type stETH situation when link staking is released
this is the real threat to web3 and DeFi by the way but y'all aren't ready for that:
https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking

[42 No.49762403]

/biz/ became full of pussies lately, twitter going harder than you guys these days, what the fuck happened? did your balls drop off?

[42 No.49762486]

>>49762403
>/biz/ became full of pussies lately, twitter going harder than you guys these days, what the fuck happened? did your balls drop off?
>>49762259
>scared money doesn't make money, maybe this game isn't for some anons here, and that's okay, you can just admit that this shit is too scary or complicated to discern or too immature of a market
>you would be better off just DCAing spot crypto and holding it in cold storage
listen to papa Noah, his advice for noobs is to just buy spot and hold:
https://youtu.be/tGsOMoNcrGI

P.S. people sleeping on curve:
https://twitter.com/CurveFinance/status/1537836243156971522?s=20&t=YJhdjN0EjJgQUHxWGd2N4w

[Anonymous No.49762556]

>>49762403
fud shit on twitter you can block an account once and never see again
here it's the same fucks saying the same shit
and it's getting goddamn tiresome. only that recent aave shorting to loan shit, added with possible BNT withdraw (getting 50/50 LINK/BNT, and selling BNT to marketbuy LINK possibly upping the price in a bad way to the short sellers) that came out recently has been the only thing interesting here in the past while now

[42 No.49762560]

>>49762486
https://defillama.com/peggedassets/stablecoins
>many parties don’t want to un-digitize their dollars, doesn’t mean they’ll be used to acquire assets. Also high stablecoin float and imploding asset value drives DeFi lending rates under short term treasury yields. Excess capital supply with low utilization

>ppl deciding if its better to yield farm on chain (cycle low yields), outsource to cedefi (all collapsing with bad debt) or to pull out back to tardfi at decade high rates

[42 No.49762642]

>>49762556
>only that recent aave shorting to loan shit, added with possible BNT withdraw (getting 50/50 LINK/BNT, and selling BNT to marketbuy LINK possibly upping the price in a bad way to the short sellers) that came out recently has been the only thing interesting here in the past while now
yeah that's going to be fun to watch, a perfect storm brewing
I am bullish on the fact that FTXSam doesn't have the liquidity he needs to properly short BNT
it's pretty blatant that LINK is a problem for vulture capitalists, they better make sure v0.1 for LINK staking is bulletproof or else these fucks will try the same shenanigans

IMO this will eventually blow over but given the bad debt insolvencies of CeFi I am once again very bullish on DeFi and we are seeing, in live time, an argument for using DeFi vs. CeFi

Bancor is still permisionless and didn't whore themselves to vulture capitalists and they're working closely with the CL and Linkpool teams and have been good to the CL community
the damage by Celsius has been done (1.3 million LINK) the rest is retail noise at this point, the protocol is fundamentally sound and operating well

[42 No.49762663]

>>49762560
>ppl deciding if its better to yield farm on chain (cycle low yields), outsource to cedefi (all collapsing with bad debt) or to pull out back to tardfi at decade high rates
I am willing to bet that most people will go to DeFi once it's clear that CeFi and tardfi are scams as usual

[Anonymous No.49762780]

is link going up or down when should i buy and where should i buy

american

[42 No.49762781]

>>49762663
>I am willing to bet that most people will go to DeFi once it's clear that CeFi and tardfi are scams as usual
P.S. if the SEC finally got around to approving a Bitcoin spot ETF, this bad debt CeFi leveraged blow up wouldn't have happened
really activates the almonds

[42 No.49762861]

>>49762780
>is link going up or down when should i buy
what timeframe are you looking at?

>>49762780
>where should i buy
bancor or 1inch, store it in a hardware wallet and turn off blind signing and don't connect it to metamask if you're super paranoid

[42 No.49762885]

>>49762781
>P.S. if the SEC finally got around to approving a Bitcoin spot ETF, this bad debt CeFi leveraged blow up wouldn't have happened
>really activates the almonds
https://twitter.com/SquawkCNBC/status/1537783910859304960?s=20&t=FUC8m61fwUUSFEw93m3EIg

>$12,000 BTC…Still a lot for something that we don’t know what the heck it is
>Yeah it isn’t anything…

[Anonymous No.49762923]

>>49762780
The short squeeze is in full force. Not much time left to buy.
No wait, its the other way, not much time left to sell before Link squeezes below $5.

[42 No.49763007]

>>49762923
if the panicked bancor link holders have any say, this squeeze will be squoze
and I will be there to harvest the trading fees

[Anonymous No.49763156]

>>49763007
either or
literally not selling, and have buys laddered in 5, 4, 3, etc

[42 No.49763167]

going to leave a last comment before I play some vidya with frens tonight

in summary: the exit door is too crowded and the biggest damage has been done
we are currently witnessing DeFi fixing the failures of CeFi and I am once again finally bullish on the DeFi industry since it has proven itself. Celsius and 3AC literally cashed out of DeFi without any problems which is actually a bull case for our industry
companies with bad debt deserve to wither on the vine

>>49763156
>literally not selling
based

[Anonymous No.49763211]

>>49762861
next 1-6 months link should be $2? $3?

[Anonymous No.49763290]

>>49763211
Months? 1-6 weeks is more likely.

[42 No.49763298]

>>49763211
>next 1-6 months link should be $2? $3?
I have no idea, but I can say from first hand experience that Link is cornering the market in live time

[Anonymous No.49763718]

>>49762663
>tardfi
if this is a typo, it's the best typo

[42 No.49763812]

>>49763718
Wish it was a typo lol

[42 No.49763929]

>>49763812
P.S. if anyone else is gaming add me:
CoD mobile: Maplejane
Bnet: Frontgecko#1804
Clash of clans/royale: #QV20RCV2V

MFW reading the bancor threads these last few days and I decide to ape back into the pool to harvest fees from the soft boys panicking cuz “muh contaaaaygion”

You guys larp about being hard but you’re weak and easy to spook
Real chads gonna game while this shit plays out and earn that passive incum

[42 No.49763964]

>>49763929
>MFW reading the bancor threads these last few days and I decide to ape back into the pool to harvest fees from the soft boys panicking cuz “muh contaaaaygion”
I crunched the numbers and we will survive but by all means, whoever is worried should definitely pull out their stack ASAP.
When it does survive though, don’t forget that there’s a reason I earned respect from random anons.

[Anonymous No.49764625]

imagine being a linkie and having the audacity to shit talk another project lmao

[Anonymous No.49765206]

What the fuck? This is the longest thread I've ever seen about Bancor on /biz/, obvious cordinated fud to shake out weak hands before the original AMM (arguably inventor of DeFi) gets SENT while CeFi crumbles.

[Anonymous No.49765479]

>>49765206
43 posts from some guy who supposedly has no stake in BNT

[Anonymous No.49765566]

What will happen if I just don't listen to anyone and check my link in Bancor in 5 years?

[Anonymous No.49765791]

>>49765566
Probably increase your stack by 50%

[Anonymous No.49765953]

>>49765791
Okay thanks anon, I'm gonna go play some guitar now.

[Anonymous No.49765960]

>>49765566
You won't be able to check it by that time because the button to migrate from V3 to V7 will not exist.
You will then be forced to learn to manually use the smart contracts to recover your LINK.
After spending 3 months learning to code you finally manage to recover your LINK from the platform and discover it stopped earning yield 1 year after you moved it to the at that time latest version V3 of the interface.