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/biz/ - Business & Finance


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52897059 No.52897059 [Reply] [Original]

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaahahahhahahahahahahahaha


the absolute state of chainlink

>> No.52897076

>>52897059
more like chainshit am i rite haha

>> No.52897138

LINK hit the floor, next thing yo know the price went low low low low.

>> No.52897152

bought at 0.20 still up bigly

>> No.52897165

thats barely anything wasn't it sub 6 earlier this very bear market?

>> No.52897176

>>52897059
I don’t understand this market. What are people even investing in? Who is selling this at $6?

>> No.52897184

>>52897059
Wake me up when we are below the June lows

>> No.52897221
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52897221

>>52897059
STAKER KEKOLDS ARE DOWN -25%

THEY NEED 5 YEARS OF STAKING TO BREAK EVEN HAHAHAHAHAHAHAHA

>> No.52897233

>>52897176
>What are people even investing in
don't know if you noticed, but most people around you are trying to save not invest

good news is that that's exactly when you should start investing, but you also have to be prepared to keep "investing" while the price remains shitty and possibly becomes even shittier for a long time

>> No.52897238

>>52897152

You could have sold for $50, what the fuck

>> No.52897242

>>52897176
people who will buy back at 6 cents. >>52897221
linkniggers will literally never recover lmfao

>> No.52897255
File: 272 KB, 1600x900, keep buying.jpg [View same] [iqdb] [saucenao] [google]
52897255

>>52897059
thanks, bought'ed 10k

>> No.52897262

>>52897059
oh no stinkie bros, I guess we should have not entered other people threads to act smug about finally staking our shitcoin...... Guess it's karma hitting....

>> No.52897265

>>52897152
you're down 91% on your investment

stop coping faggot lol

>> No.52897290

>>52897059
Rent free.

>> No.52897296
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52897296

Christ almighty I hate this shitcoin, every single fucking time BTC has any kind of downward price movement LINK will be guaranteed to dump even more sats. This has been my worst investment ever, I'm not even married to my bags I just can't find a position to exit where it won't be a catastrophic loss for me.

>> No.52897299

>>52897290

im not losing money.

>> No.52897304

>>52897152
iill be buying some at 20cents too

>> No.52897317

>>52897304
nice, LINK is a good investment yeah

>> No.52897319

>>52897152
It's actually getting to the point that this may not even be an applicable larp anymore.

>> No.52898098
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52898098

No Linkers staring at Link charts all day. What did they mean by this?

>> No.52898176

>>52898098

i just like watching linkers losing 25% of their money in 1 week because they fell for the shistaking.

cope harder linktards

>> No.52898211

>>52898098
We are FUD demons consumed by malice and spite. We subsist on their wailing and suffering of the linkers

>> No.52898237

>>52897152
i would NOT be bragging about that lmao

>> No.52898243

>>52898211
this
they are literal demons
sure they may have human forms
but demons have taken FULL control

>> No.52898256

biggest c ucks in crypto

>> No.52898265

>>52898098
I love fudding Chainshit

>> No.52898311
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52898311

>>52898176
>price action is permanent.

>> No.52898350

>>52897265
>$6.60/$0.20=.09
The math doesnt check out
>>52897238
Is this your first market cycle? He could have sold at 1.40 before it dropped to 15 cents. He could have sold at 4 before it dropped to 1.50. He could have sold at 20 before it dropped to 4. Repeat ad infinitum.

>> No.52898471

>>52898350
>Is this your first market cycle? He could have sold at 1.40 before it dropped to 15 cents. He could have sold at 4 before it dropped to 1.50. He could have sold at 20 before it dropped to 4
he could have been a millionaire but instead choose to baghold, why are linkies like this?

>> No.52898569

>>52897059
You gotta wonder what all these supposed employees at Chainlink have even been doing all year long between smartcons. Counting suckers money? Tanning in the Cayman Islands?? What?

>> No.52898603

STOP THE REDEEM SIRS

>> No.52898782

>>52898350
>muh market cycles
lol that was only from 0 interest rate environment. that is over. bitcoin has never existed without ZERP and QE. it’s over. the cycles were fake.

>> No.52899452

I just unstaked my 7k tokens and market sold. Fuck this shit.

>> No.52899459

>>52897152
And you still didn't sell.

Lmao.

>> No.52899475

>>52899459
they're unironically going to baghold all the way back down below $1

>> No.52899525

>>52897152
why didn't you sell? or a better question, why don't you sell?

>> No.52899547

>>52897238
i boughted at 1.10, i sold half at 20 on the way up and the other half at 20 on the fall.
i do hate myself, but not as much as I would if i were still holding...

>> No.52899584

>>52897233
$500 a month DCA
Down 4k already lmao
>goingdownwiththeship.jpg

>> No.52899622

>>52897059
i really do want to die. 5 years of my life wasted.

>> No.52899629

You faggots realize the founders/VCs got in at 30 cents... right? You understand that, right anon?

Look at that long term graph... Fuck me some of you are beyond hope.

>> No.52899647

>>52897176
CL has performed terrible both during the bullrun (where it went from top 5 in marketcap to outside of top 20) and during the bear market.
Either we go the schizo route and hypothesis that the market is manipulated specifically against Chainlink/that the market participants are to dumb to accurately price CL (which is doubtful since during the last bear market it basically had a mini bullrun, rose to $20 while Eth was sub $400. was the market able to accurately asses CL then but not now?)
..or the market is capable of accurately pricing CL in relation to the crypto market, and deem it's one of the worse investment amongst the top 20 marketcap projects.

>> No.52899649

>>52899547
That's still a 20x jesus you should be fucking thrilled

>> No.52899771

>>52899647
>deem it's one of the worse investment amongst the top 20 marketcap projects
well objectively untrue as chainlink has created and monopolized a new niche for itself, we know chainlink didnt fail on tech
so the only recourse you have is that the entire concept of oracles is deemed as worthless by the market, thats a pretty far stretch

i am going with the retards that posted their massive link stacks on aave for a pittance of an apy caused massive shorts to be build against their own bags, but hey they got 2% extra link right

>> No.52899774

>>52899629
/biz/ bought at 11 cents lol

>> No.52899815

>>52899774
and /biz/ didnt sell at $50
and /biz/ will hold all the way back down to $0.11
there is no reason to be cocky anymore. if we keep trending like this it's over

>> No.52899833

>>52899647
It is not us who are wrong but the rest of the market. We need to come up with new theories why chainlink isn't priced at its appropriate level of $100

>> No.52899836

>>52899774
Anyone who bought at 11 cents and never cashed out doesn't deserve money.

>> No.52899842

>>52899774
like 100 people or less bought at ICO and are still holding today
stop coping

>> No.52899852
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52899852

>>52899774
>Link stays 2 days at 11 cents
>WE ALL BOUGHT AT THE EXACT ALL TIME LOW!
yeah sure faggot, I'm sure you didn't Dollar Cost Average all the way up

>> No.52899871

instant 3 replies all a minute apart on a dead board just because I posted a mere factoid lmao

>> No.52899888

scratch that, FOUR instant replies on a dead board

really makes one think

>> No.52899898

>>52897059
Holy shit I didn't realise Link was so cheap rn i'm gonna scoop up another 100
Thanks OP, sometimes worthwhile popping into /biz!

>> No.52899923
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52899923

>>52899871
>>52899888
>WE ARE BEING RAIDED BY THE BULGARIANS WAKE UP MARINES!

>> No.52900072

>>52899852
>!
I'm so hungry but I don't want to sell my linkies

>> No.52900105
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52900105

I'M FINANCIALLY RUINED IRREPARABLY. I CAN'T EVEN UNSTAKE

>> No.52900215

>>52899771
CL is not worthless, i think the main reason why it is priced so low relative to expectations is that there has been virtually no progress in connecting offchain data with on chain.
All progress the CL team has been working on is in Defi, that is the only use case, there are no "insurance for Amazonian banana farmers" - in the pipeline. Let me reiterate that, it's not that they aren't used in the real world, it's that they are not even trying.

So if you exclude all "real world" examples of what CL is, then it becomes a price feed. Which, intuitively speaking, you would not price that high.. you would value that actual services/smartcontracts that are in need for these price feeds much higher than the price feed aggregator.

Recall CL surge from 3$ to 20$, it began with a microsoft tweet, at that time there seemed to be real interest outside of crypto for CL, connecting offchain data to onchain. It was in the aftermath of this that it reached the high valuation.

tl.dr. CL has shifted away from being an oracle network that could connect the real world with crypto, to becoming a price feed. As such as time progress and without any news of the contrary, the price will continue to trend lower until the true value as a price feed aggregator is discovered (which i think is somewhere between top 30 and top 100 in marketcap).

>> No.52900269

>>52900215
to add onto this:
the token is not needed for price feeds. CL tokens dont represent an ownership or right to revenue CL makes from price feeds. CL can provide a valuable service and the token can still go to $0
after 5 years there is still no purpose for CL tokens,

>> No.52900334

>>52900269
staking was supposed to change that, but we all know how that went

>> No.52900385

>>52900334
Sergey promised staking and CCIP by end of this year. He's failed on both fronts and people are starting to lose confidence in the chainlink project. Most people have moved on.

>> No.52900400

>>52897059
anyone who thinks staking crypto is a good idea deserves to lose everything

>> No.52900401
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52900401

>>52897059
where are the stakers now? here it is again for you. here is my only reply. here is my fancy hat.

>> No.52900885

>>52900269
woozers token not needed is still used 4 years later
>>52900215
lol price feeds are actually more important than the underlying service as has been demonstrated that poor oracle price feeds result in massive losses of funds due to scamwicks
the only conclusion is either link is criminally undervalued by the market right now and you should dca in at every dip or almost every usecase of crypto other than holding btc as digital gold is now worthless

>> No.52900913

>>52897152
greed will be your downfall

>> No.52900973

>>52899771
>so the only recourse you have is that the entire concept of oracles is deemed as worthless by the market, thats a pretty far stretch
No, that's pretty much it, nobody with real money cares about your shitcoin or oracle rubbish

>> No.52901079

>>52899833
Because its intrinsic value is approximately $0.00

>> No.52901615

>>52899649
>That's still a 20x jesus you should be fucking thrilled
>>52899836
>Anyone who bought at 11 cents and never cashed out doesn't deserve money.
he should be thrilled with a 20x but anons that went 60x dont deserve money?

>> No.52901649

>>52898782
>ZERP
it's ZIRP, retard. Zero Interest Rate Policy. maybe dont talk economics

>> No.52901655

>>52901649
>he made a typo therefore what he said is wrong b-b-BECAUSE OK?

>> No.52901756
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52901756

>>52897221
Meanwhile you get more interest with government bonds than chainkstink.

>> No.52902140

What fudders are now faced with is a 'the boy who cried wolf' scenario whereby even if they DO have a legitimate negative point about CL, no one listens anyway because it's lost among all the other fud. This subtle point I find hilarious, and I know they know it's true. I don't even read the lengthy fud posts anymore, and I'm sure I speak for others.

>> No.52902180

im buying like a mad man

>> No.52902232

>>52901615
If they were up literally 60x and did not take profits, no. They are hopeless. Greed blinds them.

>> No.52902245

>>52902140
>I don't even read the lengthy fud posts anymore
This. Since I come here everyday and have been since March of 2018 I have become incredibly well equipped in spotting a fud post. I can usually weed out a fud post within 3 to 5 words of the first sentence, but often simply by how the post is formatted, or the image used, or a combination of the two. If I actually read on I can usually figure out whether it's sincere or not, and why the poster is fudding - schizo, wants a lower buy-in, bitter, paid etc.
I have become very good at this. I make a game of getting the bitter ones to reveal themselves by dropping their act and the pretense that they are concerned with our investment.
It's very fun. Anyway, never selling.

>> No.52902497
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52902497

And you fucking niggers told me I was committing the worst mistake of my life because I bought DOT, KSM and XOR AHHAHAHHAHAHA

ENJOY YOUR STAKING REWARDS IN TWO YEARS

>> No.52902505

>>52902180
yeah bro just keep "slurping" that good asset that will definitely pick up over time. good shit.

>> No.52902515

>>52900105
Two more years bro.

>> No.52902539
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52902539

>>52897152
>1 post by this ID
excellent troll, I am serious. i'm taking notes.

>> No.52902559

>>52897152
My average is $15 and I’m getting an extreme sense of fear and dread

>> No.52902568

>>52902505
this is crypto nigga
shit dropping 90% from all time high isnt new, it has always bounced back

>> No.52902612

>>52902505
Thanks brother WAGMI

>> No.52902754
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52902754

>>52902568
>something happened in the past so it will definitely happen again!!!

This is the worst logic ever.

>> No.52902792

>>52902754
This is surely illegal, right? There must be some kind of legal precedent against this. Sergey belongs in fucking jail for what he's done.

>> No.52902802
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52902802

It's over for linkies

>> No.52902817

>>52902792
Imagine if a company which has zero product or cash flows paid their investors a dividend of more shares instead of in dollars, this would be considered a ponzi scheme. But apparently when sergey does it he’s a genius.

>> No.52902827

>>52902792
>Le sergy betray meme
topkek you guys are so gay.

>> No.52903240

>>52897238
He didn't buy a make it stack and most like just got like $100 of every coin like a newbie

>> No.52903346 [DELETED] 

>>52902817
Is this was SWIFT said when they partnered with chainlink?

>> No.52903377

>>52902817
Is this what SWIFT said when they partnered with chainlink?

>> No.52903528

UNDER 6 DOLLARS

WHAT THE FUCK NOT AGAIN

AAAAAAAAAAAAAAAAAA

>> No.52903551

>>52903528
basedo marines fundamentally flush it

>> No.52903553
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52903553

>>52903528
HAHAHAHAHAHAHAHAH STAKERS BLOW THE FUCK OUT

>> No.52904835

>>52899647
>every crypto including LINK is moving in lock step with mainstream markets where all stocks are moving in lock step, which makes zero sense
>implying this isn't obvious HFT algorithm manipulation
>implying non-HFT active participants could even react that quickly and across the board in equal amounts
imagine how fucking dumb you have to be to believe that they aren't desperately manipulating the fuck out of EVERYTHING right now...
>in b4 "conspiracy" "schizo"
no motherfuckers no, you are literally retarded or a shill if you don't see that there is MASSIVE manipulation going on in every single market from Gold to Crypto to Stocks to Oil to EVERYTHING. We're living in the most giant pile of fraud in human history and it's not LINK, it's literally the fucking ENTIRE market structure...dear GOD help us survive this fucking MESS these (((people))) have created

>> No.52904841

>>52903553
holders as well lmao , unless you sold, hopefully at 50$, you would have been able to acquire 90% more links

>> No.52905070

>>52899842
Yeah but we do exist. I myself bought 73k lonks in etherdelta because I couldn't get in the ico. 44 cents average. Sold around 30k @ $32. Bought me a 400k house and kept the rest. Now i staked 14 k and just waiting. I don't know how would anyone consider me a loser. Even if you didn't cash out you still wouldn't be. Fud is fine but trying to paint the picture like if you don't sell the absolute top and buy the absolute bottom of every cycle for 5 years in a ROW you are failing is retarded

>> No.52905093

>>52897059
Why is this board obsessed with this crypto?
Is it really as bad as everyone is making out? Been reading about it for the last few days and seems like one of the few legit projects, why do you all hate it?

>> No.52905107

>>52905093
because linkniggers relentlessly spammed the board for years smugly

>> No.52905131

>>52905107
you will address the schizos as sire or m'lord nigger

>> No.52905146

>>52903240
well he could have still made 20k from 100 bucks, not bad

>> No.52905248

>>52905093
>Why is this board obsessed with this crypto?

>be retarded /biz/raeli
>a schizo comes out some years ago and explain how link is the future, 200k eoy and all that shit, his arguments are logical and make sense to why it will be valuable in the future
>anons buy into it, some a few bucks others thousands.
>link was in the few cents range at this time
>they hold for years
>a cult is formed
>for anons is legit their concrete way to make it
>this bullrun comes
>some sell and make it
>some others don't
>link at the end was a really shitty investment since luna and other scam shit performed way better before the rug
>still the point is that this board was really early with it

>> No.52905267

>>52905093
It's actually the other way around. What these low IQ fudders don't realize is that for every normalfag they keep out they reel in 5 autistic men that have board culture and can instantly recognize genuine discussion, paid shills and bad actor psyops. I didn't even browse biz when I got in, i was a pollack, now here I am, biz made me rich and made me hate jews way more than pol alone would have. Now im linkpilled. We will use the power of the cube for the betterment of ourselves, our family, our community and eventually the world.
Ain't it beautiful?

>> No.52905440

>>52900885
it's valued just right because defi is dying, actually it may be overvalued
only the defi shitcoin creators need to fund a price feed, the new dumb money went into defi and not the underlying technology
so i'd say at $6 it's currently a bit overpriced because there's no new defi scamming coins popping up atm to run a feed

>> No.52905561

>>52897059
bought at 3 bucks, sold at 27. feels good to leave the cult

>> No.52905689

>>52905267
Sounds gay bro, but then you're a Linkie so sucking cocks is normal for you

>> No.52905758

>>52905561
imagine leaving a cult

>> No.52907217

>>52901655
e isnt near i on a keyboard. he obviously doesnt know wtf zirp is

>> No.52907232

>>52907217
clearly not given it’s in the sentence before in the same post nigger

>> No.52909164

>>52900215
>All progress the CL team has been working on is in Def
Ignoring the terrible phrasing, how do you know they are not working on other aspects?

>> No.52909665

>>52899898
> scooping 100 linkies
wow, these are the people who fud link all day. very impressive kek
we won’t sell because we know the meaning of this project. you can’t stop fudding this project because you know it as well. only difference is you’re priced out. get fucked

>> No.52909670

>>52909665
>seeing every messages as a fud
how bad are you coping?

>> No.52910183

>>52897152
>they hated him because he spoke the truth

>> No.52910298

>>52897152
Desu. Let the fudders seethe

>> No.52910487

>>52909164
just look at the progress so far. they are either not working on them at all or they are absolutely incompetent at it

>> No.52910731

Chainlink has outperformed ETH over the last twelve months plus Chainlink staking offers a higher rate of interest on top of that we will get airdrops.
You just win.

>> No.52910916

>>52905689
NO MORE CHAINS
JUST LINKS

>> No.52911675

>>52910487
Chainlink aren't responsible for the audits.

>> No.52911732

>>52899888
checked. it is incredible.

>> No.52911756

>>52900215
>All progress the CL team has been working on is in Defi

not true, you're living in the past. Chainlink 1.0 was mostly focused on Defi. but giant institutions wanted DONs. Chainlink 1.0 didn't support DONs, everything was on one big network. all their focus since over a year ago has been on 2.0.

>> No.52911847
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52911847

>>52897076
>>52897059
>>52897138

>> No.52911869

The oracle idea seems nice, but what is the token for?

I know very little about chain link, i do understand that the programmers created a popular system that allows actions to be taken on the Blockchain when the oracle program detects/reacts to something outside the Blockchain.

That sounds very useful.

However what is the point of the tokens? Why would they grow in value? What do they do?

>> No.52911882
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52911882

>>52897059
Fuck you

>> No.52911960

>>52897176
People who bought at 12 and want to save 50% of their money to pay off student loans, rent, mortgage.

People who bought at 1 dollar, held to 50 like a retard and are now panic selling low because they realize they fucked up.

Swingers.

>> No.52912016

>staking releases
>dumps

>> No.52912462

>>52912016
as was foretold and greeted by much seething
but that did not stop it from coming true

>> No.52913146

>>52897152
Holy fucking COPE looks at the seething replies to this post

>> No.52913247

>>52905267
Nice post. But they aren't paid shills, they're just anons like you and I, excepts they want to keep out normalfags and people who aren't high iq enough to get it and see through the fud. You would've realised this if you had saw the threads when general access staking got closed. It was basically a huge mask off moment, where tons of anons admitted to fudding staking and link. The fud these days is getting pretty lazy though, I guess people stop putting in the effort.

>> No.52913753

>>52913247
this was admitted many times this past about half a year, its not like this surprises anyone
what is a problem is that the fud has been so heavy and all pervasive that link is getting unpumped due to fear, and this is a problem the retards dont get

>> No.52913774
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52913774

>>52897152

>> No.52913824
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52913824

Trust the process

>> No.52914333

Imagine selling now lmao.
I can't even sell anymore. :')

>> No.52914397
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52914397

>>52912016

>> No.52914557
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52914557

Linkies just cant sell and move on. You make upwards a 50x and dont cash out holding an unregistered security? 2023 exit dump from SEC will be the most comfy day on biz.

>> No.52914597

It is still performing better than other coins. ICP was more expensive than Link just a few months ago. Now it is trying to stay above $3.

>> No.52914712

>>52897059
Stinky linky hahaha

>> No.52915331

>>52897138
Sergey did blow! Sergey did blow!

>> No.52916175

>>52897152
>married to your investment

>> No.52916573

I can't take it anymore. Sergey I hate you with a passion. Why won't it do ANYTHING. It just SITS THERE. AND I CANT SELL BECAUSE IF I DO IT'LL MOON.

>> No.52917592

>>52897238
>Could've sold for x because I knew the top
Fuck off faggot

>> No.52917604

>>52916175
makes a lot more sense than being obsessed with someone else's

>> No.52917661
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52917661

>>52897152
based

>> No.52917683
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52917683

>>52917604
kek burn.