LINK is getting hammered

[Anonymous No.52887210]

Why is it selling off more that the broader market? Investors don't seem to care about staking v0.001??

[Anonymous No.52887227]

>>52887210
stinkysteakers already lost beyond their 4.75%...

[Anonymous No.52887234]

>>52887210
Stakers are already down 20% in a single week

[Anonymous No.52887258]

SOMEbody once told me
chainlink would make me money
but i ain't the sharpest tool in the shed
i was lookin kinda dumb
searchin for a breadcrumb
and the shape of an L on my forehead

well the cringe starts comin
and it just keeps comin
etc.etc.

[Anonymous No.52887288]

did we really fuck up? Is LINK just like every other shitcoin, price wise? Is it really over for us?

[Anonymous No.52887289]

>>52887210
Staking drives up the price, perfect time to sell.

[Anonymous No.52887297]

>>52887289
I can't unstake

[Anonymous No.52887301]

>>52887288
what do people use LINK for right now? like im talking actual utilization/redeeming the tokens for executing smart contracts on a commercial scale. it's a simple question.

[Anonymous No.52887307]

>>52887234
holy shit lol how many years of 4.75 (or less) apy is that

[Anonymous No.52887309]

>>52887210
>>52887227
>>52887234
Yeah, but theyre staking and, heh, CANT SELL! They're immune to FUD now. They're illiquid, and an objective decrease in price is just FUD, chud!

[Anonymous No.52887316]

>>52887288
man i hate r edditors
also op has at least 10k link

[Anonymous No.52887320]

>>52887288
it's not a shitcoin trust me, just hold 5 more years bro ;^)

[Anonymous No.52887323]

>>52887301
what does chainlink even do?

[Anonymous No.52887328]

>>52887323
Pays node operators

[Anonymous No.52887329]

>>52887316
>also op has at least 10k link
keep telling yourselves that everyone is a retarded bag holder to cope lmfao

[Anonymous No.52887344]

>>52887320
>mfw 7 cent link is back on the table

[Anonymous No.52887349]

>>52887328
to do what tho? i heard it was meant to grab data from the real world for chains, but with staking chains wouldn't it be better for the nodes to just do that as they are already being trusted with the network?

[Anonymous No.52887362]

>>52887288
When has it performed better than the never-ending basket of other shitcoins, 4-5 years ago? It underperformed the bullrun, and is getting slaughtered this bear market in comparison to other midcaps. LINK isnt just similar in price action to other shitcoins, it's substantially worse.

[Anonymous No.52887426]

>>52887301
>what do people use LINK for right now?
For their services. Calling a node aint free my guy.

[Anonymous No.52887449]

>>52887426
yeah but what services? what is using it?

[Anonymous No.52887488]

>>52887449
You are asking the right questions. I don't really use ETH beyond as gas payment for DAI but I recall ETH having its own SC feature. Why would people prefer to use LINK over ETH? What would justify LINK going higher and higher and "2 the mooooon" if it will be increasingly expensive to execute SCs?

Stakers do not provide any node operation, they are not actually providing any processing power; just a source of payment to these nodes. the only reason that LINK can justifiably hold value in utility is that it becomes a beacon for SCs that nothing else can compare. How does it surpass ETH in that case?

[Anonymous No.52887491]

Remember when it was gonna break out because celsius, bancor, nexo, ftx all stopped shorting

Remember when it was gonna break out because staking was being released

Remember when it was gonna break out because its a bear market coin

Remember when it was gonna break out because of smartcon, swift, ccip


AHHHHHHHHHHHHHHHHHHHHHH this is torture

[Anonymous No.52887520]

>>52887491
Link bagholders (other crypto bagholders too) are on par with Qtards. They'll just keep moving the goalposts and start blaming someone else for the "price suppression"

Sergey is 90% responsible for the abysmal price performance but those faggots have stockholm syndrome and will never blame him

[Anonymous No.52887536]

>>52887227
>>52887234
LOL
LMFAO EVEN

[Anonymous No.52887548]

>>52887488
yeah, like with ETH nodes why wouldn't they offer the service instead. It would probably be cheaper and faster too as the processing is on those nodes anyway.

[Anonymous No.52887549]

look at this beautiful chart

[Anonymous No.52887566]

Look guys I'm just gonna sell my LINK for the CIA's preferred asset BTC or the Globohomo golden token ETH just because mmmkay?

[Anonymous No.52887584]

>>52887566
>he didn't trade his glownigger tokens for physical assets at ATH
ngmi

[Anonymous No.52887585]

>>52887210
Link is the perfect normie coin. It's got a cool logo, it's $7/coin, and "muh oracles" is just technically sophisticated enough for normies to understand but too sophisticated for normies to dive deep enough to realize Link just isn't needed.

If smart contracts actually start being used in the real world (no, making ERC-20 scamcoins doesn't count) then some will require Oracles. But an Oracle is just a JSON parser with some voting mechanisms baked in. It's not something you need BILLIONS of dollars and YEARS to develop. It's not something you need "partnerships" for. You sit down, write the code, and you're done. Chainlink isn't in the Oracle business. They're a branding machine. Their sole objective is pumping the price of their asset, Link. An asset, by the way, they own 60% of. Yes, 60%.

When the time comes Oracles will be written on the native platform (probably Ethereum) and they'll use the native token (Ether). No one is going to need Link, no one is going to buy Link. Nobody will care. This project, along with all the other fad-projects will fade into obscurity. I won't speculate on price, this entire market is an irrational frenzy. Perhaps there is still room to grow, more money to be made. Just know you stand on 0 fundamentals and in the end fundamentals will prevail.

[Anonymous No.52887605]

>>52887584
Im still all in ETH because I like niggers pods and veganism just like Vitalik!

[Anonymous No.52887633]

>>52887605
I literally used bitpay to purchase silver and gold when shitcoin was still 60k lol, I am at break even still on them mostly but would have lost 70%+ if I hadn't traded it. May as well have gone into USD but I fell for the meme but it still saved my ass.

[Anonymous No.52887681]

I can't take this anymore.

[Anonymous No.52887724]

>>52887488
>>52887449
Fundamentals don't matter in crypto. We need ZIRP and QE again for crypto to go up.

[Anonymous No.52887725]

>>52887449
price feeds
smart contracts are using it

[Anonymous No.52887726]

>>52887329
oh yeah i always just go and make random threads about projects i'm not interested or invested in

[Anonymous No.52887756]

>>52887725
which tho? do eth dex all use chain oracles?

[Anonymous No.52887834]

>>52887488
imagine being this fucking stupid
>>52887756
https://data.chain.link/

[Anonymous No.52887898]

>>52887834
why is this worth $3.2 billion dollars?

[Anonymous No.52887911]

>>52887898
because i feel like it

[Anonymous No.52887938]

>>52887724
There is no fundamental in link, it literal a fucking scam
>muh security
Yea whatever nigga, 5 years and u still don’t have a product

[Anonymous No.52887953]

>>52887210
Pretty sure it’s just retarded nulinkers selling off because they can’t stake.

[Anonymous No.52887968]

>>52887898
because it secures 95% of onchain value that relies on external data. no chainlink means no aave, no synthetix, no gains network, no gmx, no curve, no frax, no dai, no compound, etc.

[Anonymous No.52887971]

>>52887953
It will take you four years to recover those losses with staking.

How's that 4% APY going lmfaooo

[Anonymous No.52887989]

>>52887898
don't post for the next three months, just read
https://www.comp.xyz/t/oracle-infrastructure-chainlink-proposal/1272

[Anonymous No.52888005]

>>52887491

(you)

(i push my linkies into my)
eeeeeeeeyees
it's the only thing
that slowly stops the ache
but it's made of all
the dumps i have to
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF THE DUMPS GO ON
HUUUUUUUUUUERRRGH

i have screamed as the price collapsed
i've waited as staketime's elapsed
now all i do is live with so much steak
i've wished for this, i've bitched at that
i've left behind this little fact
there is no possibility to unstake

(sergey)

i've gotta dump what i've gotta dump
and then i swear link will pump
but i can't promise you'll enjoy the price
i guess i'll save the rug for last
my dumping is an IQ-test
you're left with link 'cause you left me no choice

(you)

I PUSH MY LINKIES INTO MY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
IF THE DUMPS GO ON
I'M NOT GONNA MAKE IT

put link back together
or separate the shadow from fork
sell me all the linkies
i want more of sergey's pork
tell me that liquidity
is better than to stake
but i'll find out the hard way
THE PARTNERSHIPS WERE ALWAYS FAKE

I PUSH MY LINKIES INTO MY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
BUT IT'S MADE OF ALL
THE DUMPS I HAVE TO
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF HIS DUMPS GO ON
I'M NOT GONNA MAKE IT

(6x)

LINKS I'VE GOT
LINKS I'VE GOT ARE WORTHLESS

I PUSH MY LINKIES INTOO MYYYYYYYYYYYYYYYY
EEEEEEEEYEES
IT'S THE ONLY THING
THAT SLOWLY STOPS THE
AAAAAAAACHE
BUT IT'S MADE OF ALL
THE DUMPS I HAVE TO
TAAAAAAAAAAAKE
WITH SERGEY IT NEVER ENDS
HE WORKS HIS WAY
INSIIIIIIIIIIIIIDE
IF HIS DUMPS GO ON
I'M NOT GONNA MAKE IT

[Anonymous No.52888110]

>>52887971

[Anonymous No.52888138]

>>52888110
imagine bragging about $40 fucking lmao

[Anonymous No.52888166]

>>52888138
That’s more than one month salary for your whole village.

[Anonymous No.52888167]

>>52888138
did they even do the math about how much capital they locked up for such little gain? they cant even hedge their positions. i really just hope these are larps and inspect elements.

[Anonymous No.52888179]

>>52888166
cope more fag, it's hilarious

[Anonymous No.52888182]

>>52888166
My village will be very poor, at the rate sergay is dumping. Top kek

[Anonymous No.52888187]

>>52888167
22.5 million tokens? you can bet your ass that these are real, nowhere else is such a high concentration of linkholders.

[Anonymous No.52888192]

>>52888167
Thanks for your concern weirdo

[Anonymous No.52888206]

>>52888167
he staked 7k Link (42k USD) just to earn $40 per week

what a fucking deal...I swear stakers are mentally retarded boomers

[Anonymous No.52888214]

>>52888182
>>52888179
I just made .01 link while you seethe.

[Anonymous No.52888227]

remember that staking fud will continue as the pool is expanding to 75m

[Anonymous No.52888235]

>>52888214
Hello Ranjeet, not everyone on here has to brag about their daily $3 earned

[Anonymous No.52888241]

>>52888214
I’ll buy shittylink ticker stlink when it’s under $1 and still be eligible for build token.

[Anonymous No.52888253]

>>52888227
>linkies literally and physically cannot sell
>fud staking anyways
I always knew fudders were retards

[Anonymous No.52888289]

I think fud has turned super sadistic, because fudders either didn’t buy in below .25 cents a piece, and are molding because of that, or didn’t sell when they should have. That’s the only reason they revel so much in being annoying - because they are absolutely seething that people bought 10k stacks for 2k. It eats them up inside so they take it out on anons.

Bet it hurts. :)

[Anonymous No.52888310]

>>52888289
I think they are Lpl holders desu

[Anonymous No.52888330]

>>52888253
nah it's not retarded at all, any way to suppress people going to stake at next expansion is worth it
at least in their minds, not sure how much impact it actually has
but yeah there was a guy here who fudded staking everyday for months and got 40k link into staking
that's 2100 link a year + staking rewards
if link goes to $50 in near bull then that's $105k + airdrops that will pump like all crap does
when there's that kind of money at stake then yes flooding the board with fud is worthwhile

[Anonymous No.52888342]

>>52888206
No, no. Even mentally ill boomers know to sell weekly puts on SPY. This is something else.

[Anonymous No.52888348]

>>52888310
LPL holders are still frens. But you are right they could be angry about SDL and Johnny. I believe it’s a bunch of asshurt though, I don’t even think they get paid for fud. It’s just a source of attention for their everlasting butt bruising for being retarded and not buying in early, or missing the sell date at 50.

[Anonymous No.52888360]

>>52888289
>DUDE I BOUGHT AT 20 CENTS AND SOLD AT $53 AND BOUGHT BACK IN NOW TRUST ME BRO I'M AN OG
Yawn....another coping faggot who lost the bullrun and comes up with elaborate LARPs

[Anonymous No.52888365]

>>52888330
>any way to suppress people going to stake at next expansion is worth it
at least in their minds, not sure how much impact it actually has
Pool got filled up in 3 days. I don’t think it’s working.

[Anonymous No.52888374]

>>52888348
>LPL holders are still frens.
lol no they arent
they were all smug as fuck and tried to act like you needed their shit token to stake

[Anonymous No.52888373]

>>52888330
another example is that whale who got 150 wallets in... that's 52k link a year or 367k usd at current prices
https://www.coindesk.com/business/2022/12/12/chainlink-whale-oldwhite-used-more-than-150-wallets-to-avoid-staking-limits/

[Anonymous No.52888380]

>>52888360
Mmmmmmm your rage is yummy. :p

[Anonymous No.52888399]

>>52887520
>Weird gay lesbian "immigrant"
Disgusting
>Pearl Jam
It's over, send Link to negative prices.

[Anonymous No.52888403]

>>52888365
i'm not sure if you're a retard but there were two components to staking, a 48 hour early access period where the autistic as fuck team got it exactly half filled
then general access where the remaining capacity filled in less than 3 hours

[Anonymous No.52888424]

same range it's been in for months and months
who seriously feels anything at this point?
wake me up when it breaches the real lows

[Anonymous No.52888455]

>>52887288
Mc is still BILLIONS. Lmao you actually think this shit is worth that much?

[Anonymous No.52888459]

>>52887234
The singularity bros....

[Anonymous No.52888519]

>>52887210
Why don't you all shut up about Link? We've had a long time with little till few real Chainlink threads. Now the last months have been a fudder fest to a point that even linkies ignore link threads.
It would be nice to have board dominance not given to whatever is funded most.

[Anonymous No.52888543]

>>52887210
Honestly because there's nothing on the horizon for it for a long, long time. Staking has been a pretty limp deal and now CCIP is pushed back and we all know it'll be at least Q3 before we see that again. So no-one's going to buy for a while knowing it's going to bear the brunt of the bear market. Anyway who cares, save some cash and get ready to load up at $2.

[Anonymous No.52889333]

>>52887488
Chainlink is blockchain agnostic so it wouldn't make sense to use Ethereum nodes

[Anonymous No.52889393]

>>52887756
No, they use built in TWAP oracles

[Anonymous No.52889543]

>>52888360
Lol. You niggers always out yourselves.

T. Average buy of 0.50

[Anonymous No.52889570]

>>52887210
Just wait until they find out their oracles arent needed

[Anonymous No.52889640]

>>52887491
Don't forget that it was gonna break out because of Arbitrum!
That stupid shit made me miss selling at $50

[Anonymous No.52890788]

>>52887227
In one day kek

[Anonymous No.52890810]

>>52890788
Roaring in laughter knowing they lost bad

[Anonymous No.52890821]

>>52887301
There is an inflation tracker using LINK, it's not very accurate.

[Anonymous No.52890880]

>>52888373
One wallet per person limit, Sergey will slash the remaining wallets.

[Anonymous No.52890901]

Love seeing linkfucks lose

[Anonymous No.52891131]

>staking ded
>build and scale ded
>ccip ded
>deco ded
>sdl ded
it's over

[Anonymous No.52891160]

>>52887585
This is FUD. You need something like Chainlink to calculate LIBOR. That's why banks were interested in it to begin with.

[Anonymous No.52891171]

>>52891160
anon you must understand, chainlink has ended

[Anonymous No.52891572]

>>52887210
>crypto
>investors
>chainlink
holy fuck you might be the biggest retard on this board

[Anonymous No.52892665]

>>52891572
This. Sergey has lived like a king for years and cost many anons here the bull run of their lives. I’m shocked Sergey is as cocky and non-chalant as he is

[Anonymous No.52892790]

How new you got to be to fall for staking...