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

/biz/ - Business & Finance

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49933411 No.49933411 [Reply] [Original]

>celcius and bancor are chainlink's biggest clients
>somehow them going tits up is good for chainlink

>> No.49933423

I microwaved some soup today

>> No.49933502

>>49933411
CeFi not needed!

Look at this!
https://etherscan.io/tx/0x0d50c7739e81b9ff1c954f2f11beddc70c1770e32921ec3067154ae18ce0be12
-46% in one trade

Only bulgarians can do this!

>> No.49933537

>>49933411
They'll be fine long term. it will be a rough couple years for them though

>> No.49934271

>>49933423
might as well drink water

>> No.49934335

>>49933423
>>49934271
Depends. What sort of soup was it?

>> No.49935848

>>49933411
This board has the dumbest retards of all of 4chan. Think about that for a moment. It’s staggering.

>> No.49935872

>>49933411
They both promised high apy for link, they need to get link somehow

>> No.49935877

Celcius will die
Bancor will survive

>> No.49935985

>>49935877
This

>> No.49936099

>>49933502
Better then taking -100% loss. bancor is finished

>> No.49936540

>>49936099
Newfag

>> No.49936588

>>49936540
Oh hi Mark

>> No.49936606

>>49933411
Link holders have not been right in the last five years. Do you really think this time they are? Do you really trust a group of bagholders who have done nothing but bleed long before the rest of the market started to bleed?

>> No.49936652
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49936652

>>49936606
Cant believe I bought stink instead of bnb or sol

>> No.49936692

>>49936652
sol is going down the shitter too

>> No.49936709

>>49936652
For me it's that I could have bought ETH at almost any point after a certain price and done better than LINK and been more up. Kind of depressing to think about really. An alt out performed by ETH

>> No.49936812

>>49933502
so this is the power of bulgaria

>> No.49936886

Fuck Bancor and Fuck Mark Richardson for being a lying piece of shit. Muh 100% protection

>> No.49936985

>>49933411
Niggers Bancor is offering me just over half my stack (((staked))) on there (1200 of 2300) I have the other 9K on my ledger. Do i take the deal and the dick in the ass or gamble for my whole stack by waiting?

>> No.49937173

>>49935985
Explain how exactly, look at the recent exodus.

>> No.49937277

I think if Bancor keeps building their V3 product, people will be coming back and regret taking the loss from not waiting. It's unfortunate these overleveraged lenders had to implode so close to the V3 launch and uproot their long time holdings all at once to try to save themselves. The Bancor 3 product is good, imo, just bad timing with the market conditions.

>> No.49937290

watery demise of the betrayers

>> No.49938431

>>49937277
Their protocol is faulty to begin with, not to mention they've betrayed their users' trust by halting the ILP. Fuck Bancor, but I wouldn't be surprised if there are suckers who'd use V4(if there's one) because they're bloody idiots.
There Mark, your glimmer of hope.

>> No.49938906

>>49935877
>decentralized exchange
>halts services
...uhhhh......

>> No.49939256

>>49933411
I’ve been thinking about this stuff too. It’s kind of weird that Chainlink offers no statements on these things but I think I kind of get it. Chainlink will work with anyone to provide what they’re building but they can’t control all the risks that those other parties are taking. I think Sergey is kind of pro regulation in a way, although obviously in a way that isn’t completely oppressive to crypto, and having these major blow ups happen right at the start of all this is probably a good thing. We’ve all heard Sergey talk about past financial crises, I think in his mind he’s letting the crises play out in fact forward before things really get serious.

>> No.49940478
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49940478

>>49937277
>PLS BRO JUST DEPOSIT BRO

>> No.49940998
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49940998

>chainlink powers defi
>defi yield is created by shorting LINK
>defi dies
>link moons
>but chainlink has no users
its a catch 42 situation

>> No.49941089

>>49939256
This, the same way oracles are being tested on DeFi in general before legacy enterpice use, have to work out the kinks. Chainlink is partnered with literally everyone

>> No.49941147
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49941147

>>49933411

shit i never thought of that OP