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

/biz/ - Business & Finance


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50729490 No.50729490 [Reply] [Original]

The original OG’s made such good points as to why Chainlink was clearly the best investment of all time at the beginning of this year. I still agree with them now but now all the smart anons have seemed to clear shop. What happened?

>> No.50729508

>>50729490
I also posted ab 20 of these old crumbs in a FUD thread, and jannies deleted it almost immediately after. WTF is going on???

>> No.50729536

>>50729508
Give up Anon, what’s link at from atl(not counting the Binance wick from 2020) a 30x? Give or take? Big woop just admit you picked a shitcoin and OGs have left because they either cashed out at 50 or are beyond demoralised right now.
>In before, y-y-you’re fudding!
Look at the chart idiot. It speaks for itself. You got the cucked.

>> No.50729615

>>50729490
linkies are mentally broken

>> No.50729698
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50729698

>>50729490
The shills were no match for the fudders. They got btfo repeatedly and ran off to the safety of twitter where they get little to no pushback since twitter is a globohomo platform

>> No.50729723

>>50729698
Yep, it makes fudders seethe and foam when we use twitter because we can just hit 'block' as soon as we see a fudder.
Love doin' that. Twitter rocks and I spend a lot of time there following the good Link tweets. Comfy af with my huge Link stack, too!

>> No.50729780
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50729780

>>50729723
>we can just hit 'block' as soon as we see a fudder.
>Love doin' that.

>> No.50729782
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50729782

Simple; no one wants normies in on this. They don't want people that made fun of them for having BTC internet monies pre-2018 to be wealthy too, so fuck'em. Let them stick to their DOGEcoins or whatever celeb shitcoin is circulation. I want those normies to buy in when it's too late to actually get life changing gains. Keep it stealth.

>> No.50729791
File: 2.05 MB, 3400x5466, 1636635198626.jpg [View same] [iqdb] [saucenao] [google]
50729791

>>50729782
>Keep it stealth.
Normalniggers dumped on you at $50
>Says "normie" instead of normalfag or normalnigger
Hello newfag normalnigger you should go back to twitter.

>> No.50729964
File: 14 KB, 692x102, we.jpg [View same] [iqdb] [saucenao] [google]
50729964

>>50729536
>>50729615
>>50729698
>>50729780
>>50729791
>we
these are the retards who angrily make threads like pic related every day because you won't sell
they seethe even more because the rare link discussion / spoonfeeding threads reach 200+ replies easily and are still worthwhile after all this time, while their 24/7 fud spam threads die after a few replies, and those few replies are usually just them replying to their discord friends or even samefagging

>> No.50729980
File: 88 KB, 963x1024, 7D84DD68-74AD-42E4-8C88-44970BBC0FFD.jpg [View same] [iqdb] [saucenao] [google]
50729980

>>50729490
Link is a forced 2015 /biz/ meme.

>> No.50729996

>>50729490
they stopped when assblaster left

>> No.50730010

>>50729490
Chainlink's 15 year plan destroyed my 8 year investment plan, and their development went a completely different direction from my initial plan which is to be expected for a business, but it fucked up my token economics, adoption rate and potential growth previsions.
Capitulation doesn't feel good with a token supposed to have reduced volatility because it is used to pay for services which certainly don't want to add a 90% volatility to their income stream.

Waiting for staking and CCIP to be released before deciding if I exit this on the next pump or take a second round of suffering and delayed features.
I have no reason to keep my investment in Chainlink after the SmartCon and the following pump now that my investment thesis is invalidated.
I can only trade it instead as it has no other short term value than as a speculation object.

As for the lack of discussion it's because Chainlink's current discussion would be extremely bearish and considered as fud because the most important topic would be to re evaluate the possible future outcomes of this investment after the original expectations can't be fulfilled in a short time frame and the way it was initially expected.
Everyone became cultists who think discussing Chainlink is being a paid shill working for Nexo to fud.
In that case everyone who is not insane will just keep their own thoughts and let the cultists crash in the next bear market after missing out on the next bull market.

>> No.50730025
File: 203 KB, 1892x643, Screenshot 2022-08-03 220001.jpg [View same] [iqdb] [saucenao] [google]
50730025

>>50729791
>Says "normie" instead of normalfag or normalnigger
lol did someone taught you wrong on purpose. You're trying so hard to not be a tourist. By the way, there's two instances of someone using normalnigger, and I'm pretty sure both of those post is you. Good try though.

>> No.50730047

i buy 1 chainlink per post about chainlink and i can tell you that i've bought more chainlink due to retarded fud than shills

>> No.50730050

>>50729490
I still lurk now and then.
This place is just absolute shit since obsessed fudders can spam spam spam until even scanning a thread becomes a soul-crushing parade of inane fud points.

>> No.50730071

>>50730010
> the original expectations can't be fulfilled the way it was initially expected
Lol what, of course they can.

>> No.50730078

>>50729964
>we
>>50730025
>No u

>> No.50730100

>>50730050
Pretty much this. Speculation about who the fudders are doesn't really matter, the point is they have successfully sucked the pleasure out of discussing Chainlink here by just being loud stupid retards in nearly every thread. Which I'm sure was their goal in the first place.

>> No.50730108

>>50730071
Do you believe derivatives will switch to the blockchain this year or until 2024-2025 and make Chainlink a lot of money?
DeFi wasn't even part of the Chainlink initial speculation as it didn't exist.
CCIP is their workaround to this delay and attempt to find another profitable niche quickly until the rest catches up.

However we can't evaluate CCIP until it is released.
My expectation is that we will see a repeat of the DeFi summer and those using the new features will giga pump while people ignore Chainlink is responsible for the feature.
Chainlink will pump from the staking requirement of CCIP instead, but the risk/reward and economics of this feature need to be evaluated.

>> No.50730123

>>50730100
Love how it doesn't work for them on Twitter though. They just get insta-blocked and their screeching isn't even seen by anyone. Funny af.
>inb4 go back
That's their last line of defence against this lmao

>> No.50730136

>>50730108
> Do you believe derivatives will switch to the blockchain
Yes.

>> No.50730158

>>50730123
I can't stand twitter link holders unfortunately. The only effective way to beat the fud here is, when there is news, to just have a conversation where the fudders get completely ignored. The best /biz gets is when there is a bunch of people discussing a link happening and the fudders are just getting zero replies, they usually capitulate pretty quickly and the conversation prevails. That's pretty rare these days though.

>> No.50730192

>>50730136
In the next 12-18 months?
The market only looks forward up to 6 months at best and with Chainlink this might as well be blind.
We have been too early for 5 years. How long can it last?

>>50730100
The moment Nexo scammed /biz/ to use Aave to gamble with their Chainlink collateral this place was done for.
Being anonymous only works as long as there is no group effort to manipulate discussions.
That's why people moved to twitter where a pseudo anonymous identity can remove the paid shills and market manipulators.
Nobody wants to create an alternative to /biz/ and the best migrated to twitter.

>> No.50730215

>>50730123
Go back to twitter then commie

>> No.50730220

>>50730192
> In the next 12-18 months?
Could be tomorrow for all I know.
Point is the original expectations can indeed be fulfilled the way it was initially expected. Contrary to what you said.
In fact it’s looking more likely than ever.

>> No.50730264

>>50730078
it's okay you got called out anon. Don't be a nigger-faggot about it though.

>> No.50730288

>>50730220
Time was an important component of my expectations.
Chainlink proved their ability to delay their release of every feature greatly for security purposes.
They have also been helped by ETH fucking up everything.

In order for derivatives to be adopted we are still missing important components like a privacy oriented blockchain with a high speed of executions and features like DECO.
We should use Arbitrum as the benchmark for the release speed of new features.
I can't remember how long their beta test has been going on.
I first thought it would be released and then tested for 1-2 months.

I don't see staking V1.0 being released before December this year, and CCIP in more than a beta version similar to Arbitrum.
For such a big feature public testing will take a lot of time.
The official release will give more information on what to expect, but I don't see derivatives moving to the Blockchain before the end of this decade or maybe next decade.

That's the reason why Chainlink is betting on CCIP, because they need to fill the gaps and this was the highest risk and highest reward feature they could support.

>> No.50730302

>>50730050
TruffleCon will show the world what ChainLink is all about!

>> No.50730368

>>50730288
> Time was an important component of my expectations
The timing was a different point you made (one which is also easily debunked sonce Chainlink never stated a timeline).
I was addressing your point about expectations being met in THE WAY they were initially expected. Which is looking better than ever.

>> No.50730522

>>50730368
There would be no speculation and bread crumbs if the only thing we based our expectations on was Chainlink announcements.
As for expectations for big scale adoption the date was around 2025 and we had Swift integration expectations since last year which was supposed to take place this year.
7 years is a good time for an investment and an average time to build a company.

The reality is that we underestimated the time it would take for the blockchain space to mature into a state that would allow real world adoption on a massive scale.

Chainlink may reach the original expectation one day but it will likely not be in this decade, but only after 2 or 3 market cycles.
Then the question is what to expect until the next bull run and how the crypto market can be expected to grow in the next years.

All we have at the moment is an initial staking release expectation soon and the promise of the CCIP release this year.
Then we can only speculate on this without more information on future features or bread crumbs from an insider.

>> No.50730562

>>50730522
checked
you're wasting your time on a retarded shill, anon
>timing has been deboonked

>> No.50730597

>>50730522
You’re upset at your own headcanon, you absolute retard.

>> No.50730601

>>50729996
Assblaster was wrong on all counts, that or "pandemic" delayed his predictions.

>> No.50730665
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50730665

>>50730597
I'm thinking you're a 2020 tourist
>https://cointelegraph.com/news/deutsche-bank-required-governance-for-crypto-could-arrive-by-2023
pic also related, look at the first paragraph
if you've been holding since 2018, you can't tell me you're satisfied

>> No.50730740

>>50730665
The original expectations are perfectly intact in the way they were expected.
This is the opposite of what you said.

As for timing; all kinds of projections have been thrown around by all kinds of parties. If you get upset at this, then stop believing random projections about massive sea changes. Cainlink on the other hand never set a timing.

>> No.50730827

>>50730740
the original expectation of the vast majority of holders was that LINK would have experienced an ETH-like run by now, everything else is pure cope
I've been here for 5 years, you can't bullshit me

>> No.50730854

>>50730827
That’s a completely different point from “the original expectations can’t be fulfilled the way it was initially expected”.
What a strange pivot.

>> No.50730886

>>50730854
they can't because they have been already invalidated
keep coping and gaslighting /biz/ all day long with muh short squeeze, muh staking release and whatever hopium narrative you'll come up with next

>> No.50730952

>>50730886
You sound desperate

>> No.50730967

>>50730886
The original expectations have been invalidated in the way they were originally expected?
Fucking how?

>> No.50730993
File: 21 KB, 1028x259, aave and defi hater is a link fudder.png [View same] [iqdb] [saucenao] [google]
50730993

>>50730010
>>50730108
>>50730192
>>50730288
>>50730522
Hey (You)

>> No.50731016

>>50729490
>The original OG’s made such good points as to why Chainlink was clearly the best investment of all time at the beginning of this year.
>What happened?
chainlink turned out to clearly not be the best investment of all time

>> No.50731075

WOOOOOOOOOAAAW THIS IS JUST LIKE WHEN HECKIN BEZOCHAN SCALED AMAZOOOOOONNN!!!!!

>> No.50731096

See even in this thread look how easy it is for bad faith actors to derail. It's hard to even pick a particular moment that /biz/ really died, but the Google tweet was probably the beginning of the end. Mind you, a lot of the 2018 namefags were pretty intolerable as well. I imagine they became the twitter marines because they never seemed to handle being anonymous.

>> No.50731248

>>50731096
>It's hard to even pick a particular moment that /biz/ really died, but the Google tweet was probably the beginning of the end
That's my feeling too.

>> No.50731456

>>50731096
Mainnet-Coinbase listing/Google tweet was the end of comfy times
Mid 2019- mid 2020 was nice since we pumped against the market but everything since has been a nightmare with regards to sentiment and price action
But the actual technical progression and quality of CL labs acquisitions and growth have been beyond all expectations, which is reason enough to keep holding.

>> No.50731552

>>50730601
He was an obvious larper and it pusses me of that most oldlinkies bought much more than me back in the days because unlike me they were stupid enough to believe him

>> No.50731577

>>50731016
>chainlink turned out to clearly not be the best investment of all time
If you showed me the current state of Chainlink back in 2018 (dominance of Defi, most adoption since ETH, more actual enterprise participation than ETH, Swift/Citibank/BankOfAmerica/... all shilling the real-world potential of chainlink, etc.) everyone would've assumed Link would be top 3 right now.

>> No.50732043
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50732043

>>50729782
>2026 is halfway there

>> No.50732202

>>50730288
>We should use Arbitrum as the benchmark
Why would we use a product not even produced by CLL as a benchmark on their speed of delivery?

>> No.50732245

>>50730288
>>50732202
Fucking lol
>we should use a project not developed by Chainlink as the benchmark for how quickly Chainlink releases developments

Imagine if Link fudders put this level of dedication and creativity to work on something actually productive.

>> No.50732346
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50732346

Zkniggers btfo

>> No.50732539

>Why did all the good Chainlink threads suddenly stop?
Average price per link for them was close to 50c. I'll give an example so it's clear.

1) You put in a small amount like 5 grand to buy 10k link at that price.
2) You try to put a positive spin on stuff like delays. You talk big and compare it to things like Amazon stock. (like the picture)
3) You're shilling to create hodlers and people that will buy dips
4) Chainlink reaches price levels like $30, you're talking about close to 6,000% ROI
5) These people sell to dumb money they've shilled in 3)
6) They have zero reason to create threads or participate in Link threads now. They've made good money.

$5k got what, maybe 0.5 BTC, in around February 2018 (when link was hovering around 50c). So even if they used their 300k to buy Bitcoin at the last peak at $60k, they'd still be up x10 in Bitcoin with 5 BTC. Not bad at all.

>> No.50733005

>>50732539
>They have zero reason to create threads or participate in Link threads now
... after Chainlink fulfilled like 2% of its true potential and right before staking and CCIP lol
Makes sense.

>> No.50733103

>>50733005
gotchu bro, 4 more years until we get another 2% fulfillment

>> No.50733378

>>50733103
Not with staking and CCIP around the corner.

>> No.50733409

>>50733378
yes, yes, 2 more weeks/months/years

>> No.50733457

>>50733409
Anticipation of future events is what investing is all about.

>> No.50733534

>>50733457
reevaluating your investment thesis after a certain period (4 years) is also part of investing
4 whole years, and the only thing that has been shipped is vrf and keepers, but sure this time v0.0.1 of staking reserved only for long term holders and enterprise nodes, will make it pump
2
more
weeks
btw, could you stop pretending you're an "investor"? we both know that in case smartcon/staking launch proves to be a nothinburger regarding the price, you'll still find a way to justify this
just be honest man

>> No.50733581

>>50732539
haha yeah we all sold at the top haha totally

>> No.50733586
File: 221 KB, 1183x739, staking suppression.png [View same] [iqdb] [saucenao] [google]
50733586

>>50733534
>4 whole years, and the only thing that has been shipped is vrf and keepers
You forgot about mainnet.

>but sure this time v0.0.1 of staking reserved only for long term holders and enterprise nodes, will make it pump
Staking starts out exactly like how mainnet started out: small.

>in case smartcon/staking launch proves to be a nothinburger regarding the price, you'll still find a way to justify this
You mean like pic related?

>> No.50733611

Same as what happened with GME. Smart anons already sold their LINK for a profit and moved onto new projects and only midwit bagholders are left.

>> No.50733623
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50733623

>>50729980
But fat Sergey meme is organic and great so I tolerate stinkers on my board.

>> No.50733658
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50733658

>>50733586
oh it's (You) again
>Staking starts out exactly like how mainnet started out: small.
minor correction: mainnet is still small and still does primarily price feeds, just like in May 2019
I've seen you debating anons countless of times these past 2 years, and it's safe to assume arguing with (You) is a waste of time
averaging 50 posts per thread, always using the same arguments, always resorting to nuances and semantics, always blaming BTC for every retracement, always avoiding to explain why the rest of the market has grown 10x compared to link, and so on.

>> No.50733769

>>50733658
>oh it's (You) again
What?

>mainnet is still small
Compared to Chainlink's real-world potential, sure.
But in crypto it's a giant.

>> No.50733792

Im not buying your json parser

>> No.50733815

>>50733769
>what?
come on man, you stick out like a sore thumb
>compared to real world potential
no, compared to it's actual launch state, it still has the same basic functionality plus keepers and vrf, but price feeds are overwhelmingly the majority of the network's utility.
keepers in particular seem like they're not actually utilized at all.
but as I've said, it's entirely pointless arguing with (You)

>> No.50733838

>>50729964
Dude look at the chart. Face facts you fucking idiot, link got outperformed by nearly everything. I wish you Linkies luck but stop and take your meds incel.

>> No.50733848

>>50733815
>come on man, you stick out like a sore thumb
Sounds like projection to me.
What the fuck are you talking about?

>>50733815
>no, compared to it's actual launch state
So 1 feed with 3 nodes is in the same order of magnitude as 2,000 feeds with 300 nodes?
You're insane lol

>> No.50733873

>>50729490
It’s common knowledge that 90% of LINK OG’s came from /pol/, and are thus unironic Nazis and extremely racist. This is evident when you look at the chats whenever Chainlink presents at conferences such as consensus or smartcon. It’s always N word this, N word that.

I personally don’t want to put my money into a project like that and keep that sort of company. Moreover, I question the intelligence of people who shill LINK given their backwards and racist political views.

>> No.50733924

>>50733848
>What the fuck are you talking about?
bro, nobody is getting convinced it's not (You), do you want me to start linking archives of your insane shilling? your posting format is distinct, you always post like this and you always use the same language
>2,000 feeds with 300 nodes
yes, essentially it's the same thing, ETH/USDT remains after 3 years the most popular and used feed, by far
>gazillion nodes
most of them are dead, look it up yoursefl, no jobs, no traffic, no rewards, the nodes that do work are whitelisted and few in number, rewards have been subsidized up until at least December 2021, nobody can join the network in a decentralized manner, none of the extra security features that have been promised have been integrated, we're still at square one
>inb4 TVL!1

>> No.50733956

>>50733924
>1 feed is essentially the same thing as 2,000 feeds
yeah sure haha ok

>most of them are dead, look it up yoursefl, no jobs, no traffic, no rewards
lol source pls

>> No.50733973

>>50733956
>haha
yeah, it's hilarious I agree
>source pls
https://www.chainlinkecosystem.com/ecosystem
check them one by one, go on and tell me how many out of ~300 of them are actually active

>> No.50733994

>>50730158
>I can't stand twitter link holders
Why? Other than a childish sense of tribalism akin to supporting a football team and hating rival supporters, is there a reason for your feelings?
I'd like to hear in your words what it is you feel strongly about. I find it a curious phenomenon. If you can't articulate it, just say so. We're all friends here.

>> No.50734049

>>50733973
>it's hilarious I agree
Thinking 1 is essentially the same thing as 2,000 is absolutely hilarious, yes.

>check them one by one, go on and tell me how many out of ~300 of them are actually active
Clicking node operators doesn't give any statistics regarding activity on that site.

>> No.50734124

Bro we're the NeXt AmAzOn!!!!

Year 5 revenues:
Amazon - $2.7Billion
Chainlink: $0

But hey at least there's a big mac eating contest at the nerd convention

>> No.50734143

>>50734124
Chainlink isn't supposed to gain revenue.

>> No.50734175

>>50734049
if the vast majority of them are useless, the number is irrelevant
>Clicking node operators doesn't give any statistics regarding activity on that site.
my bad
https://market.link/overview?searchView=false&searchSection=NODES
out of these 300 nodes, how many are actually active?

>> No.50734211

>>50733658
You’re a fool if you don’t believe in the BTC suppression. I’ve personally seen it about 10 times right after positive LINK news, I’m not even that much of an oldfag either.

>> No.50734294

>>50734175
>if the vast majority of them are useless, the number is irrelevant
Pretty sure not a single feed gets made without user demand upfront.

>how many are actually active?
A lot of nodes are active on private custom DONs or testnet. There are tons of those. Just look at all the name brands among the nodes with supposed zero daily rewards.
In any case, the network is currently huge in the context of crypto, and especially compared to the first day of mainnet.

>> No.50734299

>>50730010
You may be correct anon, I’m sorry you ran out of time. I personally plan to keep holding forever. The ones that made the most money on BTC and ETH bought early, believed in the project, and held like hell. If I already know LINK will be phenomenal there is no point in trying to time the market and potentially get rekt. I’ll just keep accumulating.

>> No.50734322

>>50733848
>>50733924
I’ve seen these two go at it in multiple threads and its fucking hilarious every time it happens.

>> No.50734338

>>50733994
Because they're redditors and block you as soon as you say the nigger word. Every other project in crypto also hates them because they'll flood their posts with le epic link marine memes.

>> No.50734824

>>50734211
I used to think that too, up until the point I could not explain to myself why this "suppression" works exclusively on link, when everybody knows that all crypto follow BTC's price action, yet for some reason, link has done fuck all since 2020.
"suppression" won't cut it for me anymore, and these "positive movements on good news" have always been abysmal, not even a full 20%
it's confirmation bias and apophenia at this point
>>50734211
>not a single feed gets made without user demand upfront
what happens if the user no longer wants to utilize it? does it get removed? no, it remains there, bloating the total number of feeds.
>A lot of nodes are active on private custom DONs
I suppose the source on that is your ass, right?
>or testnet
not even going to comment on that

>> No.50734825
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50734825

>>50730192
>That's why people moved to twitter where a pseudo anonymous identity can remove the paid shills and market manipulators.
>That's why people moved to twitter where a pseudo anonymous identity can remove the paid shills and market manipulators.
>That's why people moved to twitter where a pseudo anonymous identity can remove the paid shills and market manipulators.

>> No.50734860
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50734860

>>50730192
>twitter
>remove the paid shills and market manipulators
That moment you realize that the Chainlink shills are the manipulators

>> No.50734917

>>50734824
>when everybody knows that all crypto follow BTC's price action
Yes, that's why they dump BTC on Link news: so everything (including Link) would go down, stopping Link from pumping.

>> No.50734967

>>50734917
do you remember when link used to pump against the market during strong downturns? cause I do
do you remember back in May 2021 how despite everything shitting the bed, MATIC and a couple of other high market cap shitcoins pumped STRONGLY against BTC and managed to regain their valuation in fiat?
I do
if there was any kind of meaningful buying pressure (due to speculation or usage, doesn't matter) dumping BTC would have been entirely pointless
just some food for thought

>> No.50734975

>>50734824
>these "positive movements on good news" have always been abysmal
I guess you're too new to know about the Google pump, mainnet pump, hell even the Jan 1 staking announcement pump (40% even with Bitcoin desperately dumping to stop it)

>> No.50734996

>>50734967
Nothing pumps during acute Bitcoin dumps. Not Chainlink, and not Matic either.

>> No.50735039

>>50734975
I'm talking from 2020 and beyond, yer mighty "oldfag"
>Jan 1 staking
textbook dead cat on btc/eth pairs on abysmal volume?? do you want to see something even more strange and funny? ICP has behaved the exact same way during the Jan 1 pump, now what could that mean?
spoiler: absolutely nothing
>>50734996
oh, so you're not an actual "oldfag", huh, you almost had me convinced
>during acute Bitcoin dumps
no, these strong performers tend to pump right after the dump
couple of hours after that at least

>> No.50735072

>>50734338
>block you as soon as you say the [redacted] word
This is a feature. If you want to be racist and homophobic you can do it here, no problem. The problem with it is that people like you hijack intelligent discussion and derail decent threads. That's fine, but proper conversation needs a forum for decent people. They don't hate you (though there's probably an element of pity) so why would you hate them? Same goes for Reddit. No one forces you to use it. I suggest you stop acting like a little boy and try to think like an adult. Your immaturity will only hold you back, and you won't get a girlfriend. Then people will think you're likely gay. But that's okay too. Being gay is accepted now. You're in a bit of a pickle, though. Sitting in here hasn't done you much good. You should try Twitter. It's fun.

>> No.50735090

>>50735039
>>Jan 1 staking
>textbook dead cat
It's a 40% pump directly caused by good news, completely BTFO-ing your claim.

>these strong performers tend to pump right after the dump
And in the case of Link, Bitcoin simply dumps again if Link pumps after the dump.

>> No.50735102

>>50735072
>can't even say the nigger word on an anonymous fly fishing forum
GO BACK NIGGER FAGGOT

>> No.50735117

>>50729490
Everything already happened

>> No.50735118

>>50735072
niggers, jews...BAD NEWS!

>> No.50735122

>>50735090
40% in crypto is nothing, especially after a -70% drop across every pair, plus, it got fully retraced and found a new bottom
wow such pump
>Bitcoin simply dumps again if Link pumps after the dump
apophenia, sorry anon, your terrible observation skills do not constitute as proof or fact

>> No.50735155
File: 3.66 MB, 3536x3368, 1657407093158.png [View same] [iqdb] [saucenao] [google]
50735155

>>50730100
this. pic related

>> No.50735163

>>50735122
you:
>Link never even pumped 20% on good news

you after being BTFO:
>so what if Link pumped 40% on good news, 40% in crypto is nothing

Look at those goalposts fly lmao
Surely arguing in good faith, eh

>> No.50735194

>>50735072
You are a dumb nigger. You are the blackest retard gorilla nigger I have ever seen.

>> No.50735199

>>50735163
stop switching ids all the time
during these past 2 years, you got 1 40% dead cat that retraced in less than a month, and you're completely ignoring every other anemic move link has made, and then you have the audacity of claiming I'm arguing in bad faith
I got it man, no matter how many facts are presented to your face you're just gonna repeat your arguments like a broken record
waste of time

>> No.50735223

>>50735072
kill yourself nigger lover

>> No.50735253

>>50735072
I have a girlfriend and we both fucking hate niggers, kikes, and trannies.

>> No.50735791

>>50730665
what if institutions just don't use crypto?

>> No.50735886

>>50735199
you:
>Link never even pumped 20% on good news

also you:
>noooo I meant after 2020

you after being BTFO:
>s-so what if Link pumped 40% on good news after 2020, th-that's nothing in crypto

Imagine thinking anyone is going to continue arguing with a snake like you.

>> No.50735944

>>50735791
betting on link is essentially betting on institutional adoption, so we're all fucked
>>50735886
there we go with the retarded nuances, congrats, you keep exposing how retarded you truly are
there you go>>50734824
>link has done fuck all since 2020
see? now keep harping on about muh 20% and muh 40%

>> No.50736008

>>50735944
btw it's truly hilarious how you completely ignored the nodes being dead part and price feeds not being utilized once you got decisively BTFO, so you pivot to
>muh link has pumped more than 20% hah, gotcha!
and pretending you don't understand basic, clearly stated shit
you're truly pathetic

>> No.50736145

>>50729490
Blackrock are realizing that the jeet coin doesn't actually exist and that there are 50 million different types of link most of them completely untraceable for a bank.

>> No.50736189

>>50729490
Link got kinda gay over the last year. Even though I'm a longtime hodler and used to be super into, I honestly don't give a shit about link or anymore.

>> No.50736190

They ended in 2018 when the boat was already sailed and it stopped being a good investment. Just move on ffs. Would you rather literally miss crypto opportunities just to hang on the same missed opportunity? You are like a less conventional Shiba investor who bought the top.

>> No.50736341

>>50730288
Nice FUD bro
The classic "it's gonna take too loooong"

>> No.50736482

>>50736341
nice rebuttal bro, the classic
>we knew from the start it would take 15 years at least
newsflash: it has already took too fucking long, and as the prominent shill itt has already stated, they have only fulfilled like 2% of the full potential
compared link's progress to BTC or ETH, which are considered the benchmarks in crypto
do you know what crypto is comparable to link at this point? XRP, that's fucking right, and even that absolute piece of shit has a higher ALT ROI% than Link
now either Link will turn out to be the TRUE outlier in this market long term, or we (I) made a terrible fucking mistake

>> No.50736530

>>50730827
If you’ve been here for 5 years you remember everyone saying it’s a 5 year hold.

>> No.50736555

>>50736530
>12 more months

>> No.50736988

The only good link thread remaining is spoonfeedanons and even that's getting worse and worse due to fudders pretending to be concerned investors. Link discussion is just dead now, period. The fudders are simply too mentally ill to compete with. They're willing to dedicate all their free time to fudding and shitposting. Not to mention how many newfags have fallen for the fud and now repeat it even in unrelated threads. The only anons smart enough to generate proper discussion have either already made it, are too demoralized, or realized it isn't worth the effort. After all, anyone still holding link at this point will never sell and anyone who still hasn't bought will never buy. What's the point of having a shouting match with schizos when all we can do is wait and focus on other things anyway?

>> No.50736990

>>50730665
>first sentence says "blog chain" instead of "block chain"
you were the one rused all along

>> No.50737016

>>50736990
kek

>> No.50737074

>>50736988
checked
despite all the "fud", all I see is newfags asking for make it stacks, price targets, TA, yada yada
the "spoonfeeding" anon is a total joke, unable to answer even the most basic questions, it's only logical that threads will rapidly devolve to shitposting
the ugly truth is that link has overpromised, underperformed and under-delivered

>> No.50737503

>>50732202
You can also use the time it took for the release of main net or staking as a benchmark if you want.
It doesn't make a big difference.
What I implied is that when you release something as risky and big as CCIP you don't do it in a week.

The fact that we have a staking v0.1 and v1.0 in the roadmap should help you have healthier expectations.
There will likely be a v0.1 and v1.0 of CCIP too.
Staking should be an easier feature to release than CCIP because it's a lot less complex and I still don't think we will get to see the v1.0 of staking this year.
Staking v1.0 doesn't change a lot for us because adoption of the network is more important to generate fees to pay for it and make it profitable than slashing, but staking v1.0 will be needed for CCIP v1.0 which can give us an estimation of the time it will take to see it.

>> No.50737690

>>50736988
There's nothing to discuss. The team never does anything...8 months in, now it looks like staking won't be til q4. The baby testnet version of staking of course that prob none of us can use. What a joke

>> No.50737753

>>50734299
Thank you.
I remember someone said the best investment in the world is something you can hold until your death and never sell.
That is certainly true, but life happens in that time frame and there are times when you need to take profits if your goal was to improve your life.

Accumulation and holding is a valid strategy, but one which will cause you to endure the same suffering I did after your wealth reaches certain levels. After that you may become like Vitalik and dump your tokens at the top of the next bull run to buy them back at the next bottom.

An investor told me that we are all schizophrenic as investors because we want different things at the same time.
We want both risky and safe investments at the same time. The solution is to allocate different % of your portfolio to different strategies.

An example is to diversify in different asset classes with lower returns and to keep high risk investments in crypto.
Another possibility is to mix shorter term trading with longer term investments.

For trading the goal is to increase your $ value even if you lose your crypto value, in order to reduce your volatility and downside risk.
You may only make 70% from the 100% you make from holding, but you also don't lose 70-90% of your $ value during a bear market.
Taxes may come and affect the profitability of this strategy, but the main focus of swing traders is to reduce their risk exposure and have predefined losses they can accept from each trade.

>> No.50737847

>>50734860
You just don't know how to use it.
Follow someone who seems okay and discover their own network of friends.
Don't follow their advice or anything, but check their track record for 6 months or a year.

Avoid every influencer who have no clue and traders who display narcissism.
There are however CEO of investment firms and some good advice hidden in there if you can go through the shit to find it.
the difference with /biz/ is that once you have found those people you can always find them and you have also filtered the shills and high amount of people who don't know anything.

You should also avoid on chain analytics people and don't take their information as more than noise.

>> No.50738013

>>50730288
>I don't see derivatives moving to the Blockchain before the end of this decade or maybe next decade.
>muh derivatives
>just wait 10 years bro
>bro literally never sell bro
>your real life will start in 10 years bro
>trust me bro
it was always over for us, I held since 2017 and didn't sell anything at the top because I actually became delusional.

>> No.50738067

>>50729698
This. The simple truth is, threads pointing out why it’s needed stopped, because there aren’t many points why it’s needed anymore. Logically.

>> No.50738120

>>50729490
We already made it and are drinking caipirinhas on the beach having our dick sucked every other hour by another bitch while thinking about our precious metal collection.

>> No.50738171

>>50730050
Anon, it’s only soul crushing fud if you can’t argue a better point against those fud points. That’s why all linkies are quiet. Because the fur isn’t due it’s reality. If bull points were reality fudders would be btfo

>> No.50738247

>>50729490
They sold at $50

>> No.50738287

>>50738171
the fud isn’t fud*

>> No.50738300

>>50738013
You will still get a chance to take profits in the near future.
We should see Chainlink revisit its previous ATH in the close future and maybe get closer to 3 digits when it does.

Chainlink is working to create new use cases to generate income as a workaround to this delay.
The most important ability of startups is to be able to adapt their product to the needs of their customers and not get fixed on a specific product. This is the mindset of wanting to help people vs the one of wanting to make money only which would not create long term sustainability.
CCIP could cause a change in perception of the Chainlink network if they can sell the idea of a L0 and help it attract more investment.
And maybe it will enable an initial Swift integration too.
Swift needed someone to make them a front end that would extend their existing software to blockchains.
CCIP is more than what they needed for this, but it has the core functionality for what Swift needed.

I suppose we won't be disappointed in the SmartCon.
A possible expectation is that Swift announces an initial integration with Chainlink there after getting more details on CCIP.

>> No.50738346
File: 24 KB, 352x264, 1631711233780.jpg [View same] [iqdb] [saucenao] [google]
50738346

>>50737847
>having a twitter account

>> No.50738444

>>50735072
If you're so uncomfortable here you should fucking leave you FAGGOT NIGGER GAY RETARD.

>> No.50738486

>>50738444
checked trips of truth. Fucking faggots have plenty of subreddits to police speech. I CAN SAY WHATEVER I WANT NIGGER FUCKING NIGGER. LINCOLN SHOULDNT HAVE BEEN SHOT AND WE WOULDNT HAVE A PROBLEM WITH THE NIGGERS KILLING AND RAPING ACROSS THE CITIES

>> No.50738560

>>50738346
the smugness towards twitter on 4chan, especially biz, is hilarious
more people have gotten rich from crypto twitter than from biz

>> No.50738652

>>50738300
I will hold to $150 and take enough profits for a minivan, 1 acre of barren land ($5k) on the Colorado Plateau, a tiny home, solar panels, generator, and water tank/basic vac and plumbing setup. This should cost me about 500 link at triple digits.

I will then hold for the crash back to $10 for another 10 years, and one day wake up a decamillionaire - though my youth will have passed I will at least be guaranteed to never work against my will again. I will find a delusional hippie breeder health foodie girl who is mid +1, and have children to create a warm home and cultivate a subsistence family farm to be passed down for generations.

>> No.50738733

>>50738013
Many professional investors got surprised by this market crash too.
However they have investment strategies they follow as professionals.
Traders exited the market with a small loss earlier, but many investors didn't sell anything and certainly not in the current rage as this is more likely seen as a re-accumulation phase.

Because the BTC crash was so violent to the downside, the volume of tokens exchanged in the middle of this crash is very low meaning the crash upward could be even more violent than what we just experienced.

It only needs a catalyst.
There is 12% of BTC liquidity available on exchanges which is in the extreme danger zone for exchanges and market manipulation and ETH is getting close to this.
What we saw with ETH is an example of what awaits us in the future if the current dynamic reverses.

The moment there will be buying pressure the price will instantly pump because the market makers don't have any liquidity left at those low prices.

>> No.50738839

>>50738652
Good luck!
You should try to be more flexible in your price targets and investment methods.
Life is not a direct line towards your goals but trying to get closer through multiple experiences and failures.
This applies to both dreams and investments.

It won't crash back to $10 again after the next cycle.
We will likely never see Chainlink at current prices again after it exits this accumulation zone.

>> No.50738878

>>50737503
Staking is def coming out this year, dummy

>> No.50738943

>>50738171
>>50738287
Nobody is going to waste their time debunking the dumb FUD of 10+ schizos in every link thread

>> No.50738944

>>50730601
>Assblaster was wrong on all counts, that or "pandemic" delayed his predictions.

Uhhh… do you not realize the scamdemic was done in order to bring in all those great reset bull shit that Link facilitates?

>> No.50738995

>>50738560
Source: nothing

>> No.50739074

>>50738995
if you knew how dumb you were being you'd be shocked and ashamed
you're ignoring a source of information due to tribalism

>> No.50739220

>>50738878
V0.1 yes, but I don't think we will see the v1.0 this year.
Maybe Q1 of next year.

>> No.50739280

Nobody cares if the project is revolutionary and amazing in every possible way if nobody's buying and the thing's dying the smarter thing to do is to cut your losses and gtfo.
There are multiple food products out there that can be made literally out of O2 and other contamination gasses. Shit could feed the entire world unironically. And yet nobody fucking cares.
Anyhow I ended up swapped all my LINK (at $10 mind you) for BTC CHAMP SHIB and ETH just to diversify. 80% of it is BTC actually.

>> No.50739289

>>50739220
>dude sergey is le lying
>well ok technically staking will come out but only for 2 nodes with a maximum of 100 stinkers staked total, even though that's not what he said would come out this year

>>50739074
Lol ok bro
Guess you're right
I forgot about all the totally legit dogecoin and NFT millionaires

>> No.50739553

>>50739289
He didn't lie.
Staking will be released this year.
But every product has a roadmap with different iterations and improved version on it.
Slashing will be implemented in the second iteration.
And no you don't make a roadmap with different iterations if you don't expect there to be some time between those releases.
Releases are planned on a 3 month basis for the smaller time frame.
At the minimum v1.0 won't be released earlier than 3 months after the v0.1, but they don't have to rush to release this second iteration if there is no urgent need for the slashing feature.

CCIP would have such a requirement, and as always with software development you don't make the mistake of giving a release date because you know it's going to get delayed. Sergey accidentally pushed himself into more pressure to deliver.
A workaround to this earlier than optimal release is to either delay it like Vitalik, or release an initial beta version to fulfill your promise while giving yourself time for public testing.

>> No.50740361

>>50737503
>What I implied is that when you release something as risky and big as CCIP you don't do it in a week.
id' rather shit be slow, and work perfectly
than rushed, and fail
one single fuckup on that scale and their reputation is ruined permanently
even if one hates the linkies, at least root for them to do well, since even a decent case would bring more institutional interest in the space as a whole
same with XRP- never owned it, never will, think it's retarded, but i hope more than anything they win that lawsuit against the SEC kikes

>> No.50740944
File: 105 KB, 1567x1300, 1650235025507.jpg [View same] [iqdb] [saucenao] [google]
50740944

>>50734143
>it doesn't have to generate revenue
>in fact
>IT DOESN'T EVEN HAVE TO DO ANYTHING

damn bros, the 4th industrial revolution is looking brighter than ever

>> No.50740956

>>50739553
Whats the point of staking without slashing being in effect?

>> No.50740986

>>50739553
>Sergey accidentally pushed himself into more pressure to deliver.
Nice gay FUD.
Sergey made le mistake
Link is in trubble >.<

>> No.50741065

>>50740361
The problem is that there are people here who think saying this is fud.
How will they react when they get a v0.1 of CCIP or a delay?

Sergey fucked up by giving a release year for staking and CCIP.
Staking is not a problem but CCIP can bankrupt Chainlink if it fails.
Nobody in this space wants the failure of a big project.
Just look at the damage Luna caused to this space.

For all these reasons CCIP will need time until we get an official released version and not the initial beta version.
If Arbitrum did it, CCIP can take time to test it on a public test net too.

The SEC is just a bullying mafia full of state paid parasites who want to get big targets for their "personal achievements" and see fucking with real companies providing real value as an achievement.
The world would be a better place if they all were executed for treason against the citizens who they prevent from investing.

>> No.50741104

>>50741065
>Sergey fucked up by giving a release year for staking and CCIP.
Says who

>> No.50741135

>>50740956
Giving token owners a return and changing the token economics to make the token useful.
That's the only thing they care about and they don't care what the source of those staking returns are.

Slashing is only needed when using staking for high risk investments.
Even without slashing by using staking the node owners increase their implicit staking risk as they would have more to lose if they made a mistake which impacted the token price.


>>50740986
I also said there is a workaround to that.
Releasing a public beta version for initial testing would both fulfill the release date obligation and give them more time for testing.

>> No.50741185

>>50729490
Because of the fud etc etc the only winning move is not to engage
go outside. exercise. read a book. Check your portfolio less frequently.

>> No.50741205

>>50741135
Maybe they are farther along than you think. Ever considered that?

>> No.50741333

>>50741104
He made the announcement on the 1st of January, as he must have been very eager to share the news, but this had the opposite effect of causing a capitulation half a year later when nothing was released and the market crashed.

When you work in a company and have to deal with planning you would know that it's always a pain the keep your schedule because customers always want products as quickly as possible and management is usually unable to go against their customer desires and over-promise causing intense pressure on the developers to deliver instead.

Sergey created a similar situation where his developers are under a lot of pressure to deliver while they discover new issues that need to be addressed for problems they didn't originally see in their initial planning.
Every developer knows that plannings are worthless and just used to give managers the fake feeling of having control.

The scrum development model removes release dates to allow quick cyclical development without promising any release date.
I don't know what development model they are using, but release schedules on high risk projects are rarely respected and it' best to delay a release than to cause an explosion in your space rocket because you divided an integer value and got a 0 result by mistake after ignoring tests to speed up your release.

>> No.50741518

>>50741205
What I learned from manipulators and psychopath is to not listen to what they say but to their action and incentive and to make a psychological profile from it to understand their point of view and possible situation and future actions.

If I learned something in the last years is that everything takes more time than I expected and I would be greatly surprised if this changed.
Chainlink prioritizes extensive testing and extreme security at the cost of speed.
For them to be ahead of schedule would imply a miracle or manipulation and hiding their situation.

Sergey would not lie which removes the second option. Then we have the first option.
Maybe some of those developers he recruited were world leading experts who could accelerate the development of some features.
I can think of Ben Chan for such a high profile expert, but CCIP is a lot more complicated than WBTC.
Also when you recruit new people into your organization it takes time for them to learn the knowledge required for their work and for them to be efficient.
The effect of adding new people to a project is usually a slow down initially.
I don't know how much time it takes for someone to be efficient in this space after joining a new company but the complexity is high meaning the learning curve is also steep. We should at least expect 6 months to 1 year for a new developer to get to know the Chainlink code base enough to efficiently add to it.

Chainlink recruited heavily last year.
We would now be in the phase where those new recruits are starting to produce value.

So from one side Chainlink is known to prioritize testing over speed, and on the other side we may finally get to see all those new devs increase the development speed.

>> No.50742255

>>50741333
>Sergey created a similar situation where his developers are under a lot of pressure to deliver while they discover new issues that need to be addressed for problems they didn't originally see in their initial planning.
This is far from Sergey's first rodeo. Many people forget how incredibly early he was to this space, Chainlink is not his first blockchain project and he spoke with SWIFT before any of the real mani kicked off in 2017. One thing we know about Sergey is that he does not overpromise, or underdeliver. You're suggesting he is some kind of hyped up CEO, couldn't be further from the truth.

>> No.50742278

>>50729490

ICP is the answer

>> No.50742309

>because
>token
>not
>needed
>inb4 le heckin stakerino ponzi

>> No.50742319

>>50741518
proof of reserves is a component of ccip jlyk

>> No.50742528

>>50734322
We really are just the same 50 people arguing with each other over and over again every day, aren't we?

>> No.50742659

>>50733924
>most of them are dead, look it up yoursefl, no jobs, no traffic, no rewards, the nodes that do work are whitelisted and few in number, rewards have been subsidized up until at least December 2021, nobody can join the network in a decentralized manner, none of the extra security features that have been promised have been integrated, we're still at square one
imagine thinking having thousands of bootstrapped nodes gearing up for years to serve the link network is somehow not a good thing

>> No.50742711

>>50734322
yeah it's kinda funny

>> No.50742722

>>50738839
when do you know how much to sell to protect your capital? With staking the hold group should have less of a problem to sell at all no?

>> No.50742956

>>50742255
I don't remember the last time he gave a release date for something.
Maybe he did something for main net but I can't remember.

It's human psychology to want to make your investors happy when the market is looking bad and Sergey may have had a moment of weakness when he made those announcements.
The only explanation I had for the announcements on the 1st of January was the expiration of NDAs or the strong belief that those features would be released soon.

The other possibility is that they were already trying to shake out the CeFi shorters at that time and were planning to use this as a catalyst to stop the price manipulation after they stopped selling tokens.
From our current perspective it failed and added more selling pressure when the market collapsed.
They finally managed to put a stop to it when they made that announcement before Consensys.

>> No.50742957

>>50741065
>If Arbitrum did it, CCIP can take time to test it on a public test net too.
i'm imagining that something like v0.1 staking comes out, which will mostly be filled with existing node providers with multiple year track records doing data feeds successfully
then adding a second data feed, then a third, etc
once that's stable and growing for multiple months, then likely a v0.1 of ccip comes out, doing limited low-value transactions as "proof of concept", and no major errors or issues again for multiple months
then when v0.1 of both staking and ccip are stable, then v1.0 of link can come out in full force. months after that, ccip gets expanded more, since now there's real staking via slashing, and with an opening up of who can run a profitable node, bringing that whole "muh super-linear staking" into effect
it's going to be a slow roll, to say the least

biggest delay i've seen i put entirely on delay for ETH merge. first it was spring, then summer, then finally finally fucking finally soft set for mid september
and now smartcon is slated for end of the month of september, long enough for the merge to have happened and then running for a few weeks without issue
they might release v0.1 staking before the merge, but i highly highly doubt it. more than likely 2-3 days before smartcon they announce it via a random blog or tweet, like other shit they've done

>> No.50743024
File: 68 KB, 851x230, 3425452625215.png [View same] [iqdb] [saucenao] [google]
50743024

>>50741333
>He made the announcement on the 1st of January, as he must have been very eager to share the news, but this had the opposite effect of causing a capitulation half a year later when nothing was released and the market crashed.
this is a real sign that you need to get out of the bubble and go outside
also even if ccip doesn't launch then they can just say that ccip-read counts
staking is coming q3

>> No.50743084

>>50742956
Sergey doesn't care about price action. The fact that Schmitt is on board and we know the Hiding Strategy is in play invalidates any suggestion that Sergey was trying to make some strategic 4d Chess play and "failed". If you want to theorize about 4d chess you don't need to look further than Ari and his cult of elite mathematician hackers as being behind hacks and asymmetric warfare tactics to deal with Celsius and Nexo.

>> No.50743174

>>50742319
CCIP is combining many features which exponentially increases the complexity of the system and the amount of testing required.

>>50742722
Investors have multiple income streams to reduce their risks in the case one of those income streams has a problem.
This is a form of diversification.
You cannot remain all in only one project without some form of safety net.

Those who made it in crypto will usually try to buy their home, get cash for a few years, and diversify using the stock market, bonds, metals or other assets.
This way even if the impossible were to happen they could restart and would not lose everything.

Staking is good for speculation and trading, but what really matters for long term investors is the prospect of the network growth and the general economic situation of the world and markets.
That's why CCIP is more important than staking.
But we won't know until it's released the implications of this.
After it's released it will be possible to make new plans for the next years.

For the knowledge to recognize the state of the market you need to learn both trading and investing to understand the behavior of different market participants. With good trading knowledge you would have recognized a good moment to take some profits.
The goal when taking profits is not to buy at the top, but 10-15% from the top.
You can't perfectly time the top and bottom.
You have to accept that you will sell and the token can go up in price after that. This is the trading mindset where taking profit is more important than making the maximum amount of money.

You could try to look up trend following investment/trading strategies to get a better idea of when to enter and exit, and you need to back test it to see if it worked in the past years.
To decide how much profits to take you need to establish your own goals and needs. The goal would be to have a minimum reserve in case a bear market happened so that you would have enough money to wait it out without worries.

>> No.50743435

>>50742957
Yes, this is what I expect too, but look at the responses you get when you say that it will take time.
CCIP being in the initial public testing phase should generate enough positive attention to make people wait for its finalized release, but it's going to be difficult to wait.

ETH really fucked up everything with their delays.

>>50743084
You are projecting your desires for the Chainlink team to be gods and getting blinded to the fact that they are still human beings who can make mistakes.
The hiding strategy is something you do when you have a profitable business and want to get all the market before others realize.
The situation for Chainlink is different because their network is not generating enough income to pay for the development costs and the only income source for them is the token. They already reached a big part of the possible current market and their limitation comes from the ETH network development speed and scaling limits.
They may have used an initial hiding strategy but its usefulness ended when Chainlink became the reference for oracle networks.

They need as much funding as possible to grow bigger, and they used the Amazon strategy of letting users do the advertising for them to focus all their funds on development instead.

Hiding is a risky strategy when you have competitors trying to build an alternative to your product.
There are competitors who are already proposing solutions to the token bridging part of CCIP.
They are hiding the details of their new features until release however to prevent others from copying it.

>> No.50743452

>>50729490

The new schizo coin is dogbat. Do try to keep up, please?

>> No.50743472

>>50743174
meant sell 10-15% from the top
kek

>> No.50743666

>>50743435
>but look at the responses you get when you say that it will take time.
yep
most people have no patience. i imagine doubly so here
it's not "they're going slow, because they suck"
it's "they're going slow, because they're safe"

also my internet keeps fucking up. same anon as above

>> No.50743715
File: 110 KB, 733x627, 1632602210403.jpg [View same] [iqdb] [saucenao] [google]
50743715

>>50732539
This guy just cracked literally all crypto and probably half of all investing period.

This is why everyone forbid usury. Investment and moneyhandling does not naturally produce anything, you must go out and actively convince people to fall into traps and be harmed.

>> No.50743725

>>50743435
>ETH really fucked up everything with their delays.
i put it on ETH 100%
staking is semi trivial, in v0.1, since it's "low risk" via no slashing, as a proof of concept. that shit has been ready for a while now
the wait is making sure that, with LINK staking out, that the ETH merge finally happens a while after- where the merge fails, the chain stalls and is down for hours, and the whole time link nodes are "at fault" for not updating the feeds, due to ETH going down
it'd not be LINK's fault, but it'd still look bad by association

>> No.50743740

I’m losing testosterone by the day… by the time we make it I’m going to have to pay black men to fuck white chicks in front of me to get off.

>> No.50743747

>>50742957
this delayed timeframe puts us in a giant world of risk and pain tho
one the one hand eth merge and all the things link is going to reveal in sept will be bullish and will be frontran

but on the other bearish hand sept is peak fed fud
if jpow is going to shock the markets into submission its going to be in the exact same period and if that happens its another -50% for most crypto projects

so the question then becomes buy in now and beat the frontrunners or wait until after powell cucks out and possible miss on massive gains as eth already did a +80% since the lows

>> No.50743811

>>50743747
>so the question then becomes buy in now and beat the frontrunners or wait until after powell cucks out and possible miss on massive gains as eth already did a +80% since the lows
can never know
is why since january i'd been DCA'ing out of my ETH staking rewards for cash, and then a few months prior had put part of the DCA out of ETH into a DCA in on LINK
already making more than enough to get by on ETH staking alone, and having an even better long term LINK stack, gotten from pure ETH staking, is a good spot to be in
most of the ETH I have, I got at ~$14 in 2016, with "i'm holding for staking" in mind. That one payed off in spades
average buy in for LINK is like $1.10, and same reason- "holding for staking".
The prices on both changed, but my investment thesis remained constant

>> No.50743818

>>50743435
>competitors
lmfao

>> No.50743981
File: 23 KB, 400x400, 1621985323860.png [View same] [iqdb] [saucenao] [google]
50743981

>>50729490
>he's actually going to pull it off

>> No.50744318

>>50743174
Very informative, thanks for the post

>> No.50744601

>>50735072
nigger

>> No.50744610

>>50743435
chainlink users do not advertise chainlink instead it is chainlink advertising the users. the users consume chainlink products. that is the virtuous cycle.
>staking<ccip
goal post moving detected. without major users from the get go ccip will be just another keepers vrf until usage comes along. and usage must be kept constant. projects dying like ico eth scams do not help the network prosper
>generic investment advice
wow thanks bro real professsional like

>> No.50744617

>>50743725
Imagine the ETH merge failing.
The buthurt and collapse would be out of this world.

I haven't followed that part well, but I thought the ETH merge had some implications for the future development of L2 layers and this was the reason for the staking delay.
Maybe they are waiting for it to end to reduce the risks on CCIP.

>>50743747
Didn't this end with the 10 year crashing back to 2.7% from 3.5% after the market started collapsing?
The FED is already printing which should ensure a market recovery.
The mid terms are a good reason to prop up the market before the next vote too, which should give a favorable market for the releases in September.
However everything can happen in this clown market.

>> No.50745524
File: 127 KB, 432x259, Screen Shot 2022-08-04 at 5.55.15 PM.png [View same] [iqdb] [saucenao] [google]
50745524

>>50730108
>Staking requirement of CCIP
There is none.
CCIP is just a standard for messaging & data transfer.
Yes, many adopters of the CCIP will also naturally utilize chainlink nodes, which stake LINK
However, it's not hard to imagine that many adopters of the CCIP will not want to utilize chainlink nodes, for what should be obvious reasons.
CCIP is just a standard that may or may not catch on.

>> No.50745600
File: 562 KB, 1046x1401, 1658413710694631.png [View same] [iqdb] [saucenao] [google]
50745600

>>50729723
>because we can just hit 'block' as soon as we see a fudder.

>> No.50745732

>>50745524
Bridges are getting hacked everywhere and you think that something even more complex than that does not require staking and some form of risk collateral?
They are releasing both features in the same time frame which means it's not a coincidence and there is a dependency somewhere.

I doubt CCIP is just a simple messaging standard where Chainlink has no risk.
When you are trying to combine operations from multiple chains and not only tokens someone is taking on a very high risk.
The nodes supporting these operations need staking to be held accountable for their operations.
The Anti fraud network is there to reduce risks too.

That's why this is a great mystery.
The implementation and economic model of CCIP is currently unknown and is going to be a revolution.

>> No.50746069

>>50730010
You and me both. I got btfo and ran out of extra cash for this bear market because they took longer than I could afford. I needed at least $50-75 by now for sustainable self employment. Sergey owes us

>> No.50746987

>>50743715
Yes, anon hqnyCqZx is clearly based

>>50733581
Yes, it makes perfect sense, because wise men. see that all of nature, existence and human nauture is cyclical. Markets are cyclical.
Chainlink is still pure speculation. Perhaps too early. Perhaps perfect time to buy again, for the next cycle, as it was perfect to buy at $0.50
The odds are certainly against it now. You look back. and see that thousands and thousands of shitcoins pumped in sats only one time. Chainlink pumped gloriously in sats one time. The odds are vastly against that ever happening again. As soon as defies all odds and does it again, all the OG's will flood back to biz just to reminisce

>> No.50747095
File: 368 KB, 1312x1312, 216two.jpg [View same] [iqdb] [saucenao] [google]
50747095

>>50729490

We are still here just waiting bro. Its been 84 years though but most of us literally can't be shaken out of the 4th Industrial Revolution because we aren't retarded and know its just a matter of time. These elites have their own timelines to meet as well. I literally can't lose because I won't play their game.

I can stay retarded longer than they can keep the market and pricing irrational. They don't know who they are dealing with here.

>> No.50747176

>>50730078
are you excited about starting middle school this fall?

>> No.50747334

>>50729490
they sold at 40-50 like any rational person

>> No.50747385

>>50734211
humans are pattern recognition AI's, and not very sophisticated ones. You see a "pattern" just like clouds forming before the rain, but clouds can form with no rain equally possible. You're no meteorologist
Good luck reading tea leaves

>> No.50747559

>>50745732
The risk is between the counterparties of the smart contracts. The terms & conditions are laid out in the smart contracts. CCIP is just the universal language or grammar of the smart contracts, in order for many various counter parties to communicate universally, and take on the risk level so desired in each contract
The staking of collateral by nodes is only theoretical at this point, as is the so called 'slashing'. These are not much more than metaphors, basically alluding in an artistic way to the bitcoin network and nakamoto consensus. You want a fair, decentralized way of ledger writing. You want trustlessness.
Chainlink already abandoned trustlessness because it is not possible way to solve the so called "oracle problem" in this world of sin
So they opt for "trust minimization." It means that all the staking of collateral and node slashing is a sort of larping, because it is weaker consensus model. As long as it fools the masses it will work magic

>> No.50747887

>>50747559
Not going to read your post but I can tell that it was gay

>> No.50748792

>>50747095
>I can stay retarded longer than they can keep the market and pricing irrational. They don't know who they are dealing with here.
based

>> No.50749224

>>50729490
One question, maybe it's been answered before.
But, is the token needed?

>> No.50749300

>>50749224
imagine the first proto-humans to exist in a hunter-gatherer tribe where you knew everyone in it but eventually started to coexist with other tribes that you didn't recognize the other proto-humans in wouldn't that be weird

>> No.50749353

>>50747559
Everything is recorded on chain. That's what trust-less means.
In the case of CCIP Chainlink nodes are executing multiple operations across multiple chains and outside of the blockchain space.
Without staking it would be possible for one node to cheat on the execution of an operation if someone tried to move billions across chains.
Thus CCIP can only exist with staking and slashing, because a bad node operator must be prevented through a sustainable economic model.

The MEV mafia exists because they can profit from it.
Without staking it's economically viable for a node operator to sacrifice its implicit reputation if it can receive a billion dollar operation and steal all the money.
That's why CCIP will require a high staking collateral and also why staking got delayed until CCIP was ready.
Without CCIP there is not enough demand currently to grow staking quickly.

>> No.50749493

>>50747095
At least I'll be rich at 25, that's a pretty good time investment.

>> No.50749524

>>50747559
Trust minimization is the process of moving the currently older human based contractual systems over to the blockchain to reduce the amount of human interaction with contracts.
That's what companies will start doing once ETH stops delaying their updates and it can scale.

>> No.50749747

>>50737074
>>50730288
>13 + 23 = 36 pbtid

And he undoubtedly has more IDs itt.
Why are fudders like this lmao

>> No.50749990
File: 335 KB, 683x520, 1618947418463.png [View same] [iqdb] [saucenao] [google]
50749990

>>50749747
I am everything in this world including you.

>> No.50751817

>>50733873
Okay nigger lover

>> No.50752808

>>50741065
My guess would be that they only announced CCIP and staking because they were basically finished on those projects and are doing closed tests to make sure there are no errors or potential vulnerabilities.

The reason most of us like LINK is because we can see that the team are serious people who scrupulously dot their i's and cross their t's, they aren't just cowboys who are likely to put out a faulty product or lose interest down the line after producing nothing.

I'd rather they were thorough than putting out garbage, if Sergay says that CCIP and staking are coming out this year then I believe they will deliver, especially as they haven't shown any signs that they're rowing back on that.

>> No.50753052

>>50752808
You don't understand, some random anonymous posters said staking and CCIP would be released by now but they aren't, so that means Sergey lied!

>> No.50755709

>>50744617
>However everything can happen in this clown market
pretty much this
i said we are at peak risk which also means peak opportunity, the bonds markets were wrong about the fed in the first half of the year and wildly wrong
the move up in yields this year is really insane compared to historical averages, crypto traders might think meh, but this is shib tier in exploding
so right now the savvy traders are calling powell bluff, but jpow dont give a fuck he can still crush the markets like he did in eoy 2018its all a risk

>> No.50755814
File: 37 KB, 517x594, images (7).jpg [View same] [iqdb] [saucenao] [google]
50755814

>>50729615
Kek. I've been waiting for LINK to have staking for so long. Diversified into their partners ALBT. Since then LMaaS, Fundrs, the DEX and TIDV is about to launch but LINK's staking still hasn't.

>> No.50755829

>>50729490
No point in making a quality thread. Who am I trying to convince? I don't care about any of you. No one else cares about having a real conversation, so why should I?

>> No.50755939

>>50755814
Shut the fuck up, anon. Every time they launch something, it's testnet or not on very network. Like the DEX was supposed to be on AVAX and the likes but is only on EWT

>> No.50755958

>>50755939
Take that up to the team then. Kek. The DEX is supposed to launch on HBAR, GLMR, MATIC, AVAX, ETH eventually. And Moonbeam or something. Nothing happens overnight, you retard.

>> No.50756032

>>50755814
>>50755939
>>50755958
Shoo shoo back to fiverr curryfaggots

>> No.50758616

>>50745732
just wanna say based for your effort posts