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

/biz/ - Business & Finance


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52714127 No.52714127 [Reply] [Original]

>staking in literally 4 days
>$7.00
This coin is dead.

>> No.52714134

staking not needed

>> No.52714186

>>52714127
Staking only open to people who bought a shit ton years ago, closed to everyone else. Why did you think it would pump at all?

>> No.52714191

>>52714186
The pumpamentals are still there

>> No.52714223

>>52714127
all coins are dead giganigger, get out before the house of cards falls

>> No.52714262

>>52714186
OGs have the privilege of locking their link for an indefinite amount of time while the team dumps on them.
Yes indefinite. The team can always change their mind on release dates.

>> No.52714448

>>52714127
>enough chainlinkers kill themselves from OP's gay FUD
>keys get lost as chainlinkers die en masse
>those who resist become rich

Thank you for your service faggot OP

>> No.52715386

>>52714127
It's a great business model for Chainlank Lebs.
Token holders are cucks who exist to be dumped on for profit. Simple as that.
It's quite literally not in their interest or business model to have the token spike up to 1k eoy. Consistently dumping the token to offset demand makes sense.
Of course the demand to push the token to that price might exist in a world where they weren't suppressing the price via dumps for profit.
But that world is not our world.

>> No.52715426

>>52715386
Before you say
>well of course its in their interest to get 1k eoy
The amount of demand it takes to sustain 1k is quite high. And once it gets to 1k, who's going to keep buying in? Isn't it better to milk it for another 5-10 years rather than have one giant boom bust cycle where a bunch of /biz/ people make it with their fabled 1k eoy and sell out?
The hope based holder driven business model with consistant demand and excessive corporate spending to justify it it, with no actual legal obligations to token holders is simply a phenomenal business achievement that they'd be crazy to squander by allowing some kind of crazy blow off top to happen.

>> No.52715491

>>52714127
If by staking you mean a contract that lets people deposit a maximum of 7000 LINK tokens for maybe 5% and maybe Chainlink will let you withdraw those tokens and rewards (and maybe this will include BUILD rewards) after 9-12 months then sure, staking is well and truly here within 4 days. It is indeed a mystery as to why the price remains so low...

>> No.52715574

>>52715426
You hit the nail on the head. The long (smart)con is waiting until all the bags are emptied out. That will take another 5-6 years

>>52715491
You also hit the nail on the head. What a shock that no one cares about Vanguard Chainlink dividends with lots of risk for little reward

>> No.52717383
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52717383

>>52714127
>This coin is dead.
Up 86% against BTC in the last 6 months, cope and sneed nigger

>> No.52717426

>>52714127
i mean, that's the business model, right? they produce slides and tweets that promise a great future. people then give them money for this by buying a token, which they reinvest in even grander claims. it's essentially a confidence trick but in the tech domain, so some actual development is necessary to keep it going.

>> No.52717467
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52717467

>>52714127
I'm staking 7k the moment it opens, and would stake much more if I could.

>> No.52717470

>>52717467
You anger us.

>> No.52717733
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52717733

>>52714191
More like dumpamentals

>> No.52717902

>>52714127
>25 million locked
Why would it pump? There is x10 more free floating on the markets lol

>> No.52717928

>>52717902
i think the hope is that the market sees this as some technological breakthrough that signifies increased development velocity. but obviously we know better at this point

>> No.52717968

>>52717928
I had high hopes for link in the 2017-2020 era, but then it became a bloated sillicon valley type company. Raising billon + dollars and doing basically nothing with it. Point this out and you’ll get attacked by the hordes of link cultists. What can you do, it’s all a wait game by now.

>> No.52718523

>>52717968
Why don’t you sell then? It’s obviously making you miserable

>> No.52718590
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52718590

>>52714127
Sergey should be beaten up along with the hordes of subhuman HR roasties he hired

>> No.52719139

>>52718523
>duuuuuuuude you have to sell the bottom if you disagree with muhh cult

Even litecoin pops when the overrall market rises, idiot. Now go jerk off to your tvl graphs

>> No.52719171

>>52719139
>"duuuuuuuuuude" phoneposting seether is back
duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuude

>> No.52719317
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52719317

>>52717467
Same. Im literally skipping work to get my spot to stake 7k. Fuck FUDders and the 20x1pbtid in the thread. Your seethe and agony invigorate me.

>> No.52719335
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52719335

>>52719317
>WOW ANON WE'RE SO JEALOUS ABOUT YOUR LOCKED LINK!

>> No.52719374

>>52719139
imagine seething while continuing to hold LINK lmao you buck broken little mental midget

duuuuuuuuuuuude I hate this coin but I can't sell!

>> No.52720370
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52720370

High supply and low demand : low price
You thought "token not needed" was just a meme?

>> No.52720394

>>52714191
>>52719317
>>52717467
>watch me lose money and seethe!!

LOL
LMAO
LMFAO even

>> No.52720404

>>52719139
>sell the bottom
This isn’t the bottom for oldfag like me. My highest buy in price was a dollar…

>> No.52721487

>>52714186
>7k link
>shit ton
You fud faggots really are priced out already. Bwahahahahahahahahahahahaha

>> No.52721618
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52721618

Brainlet here can I steak through walletconnect on phone or should I skip work and do on pc