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Didn't they have over 10 million Chainlink?
>>55311638sergay gave them a fews
I think they have all the chainlink
>>55311638Sir gay is already ready to front run this dump by dumping even more from the Chainlink treasury Check and mated bulgars! GO TEAM!
>>55311638good. suffer
>short link with customer deposits>go bankrupt so you never have to pay it backAmazing. No one benefits, everyone is worst off, and celsius still went bankrupt.
>>55311638i see now why there's so many mentally ill fudders. normies had no interest in chainlink and yet celsius still had millions. all the midwits from here and twitter got burned and are now seething nolinkers.
>>55311638what kind of moron still keeps their shit on celsius
>>55311677THATS THE WHOLE POINT BULGAR SEETH MEV IS NEIGH THANKS TO THIS LATEST FRONT RUN BY THE CHAINLINK TEAM DUMPING THE REMAINING TREASURY GO TEAM BOOYA
>>55311638OHHHHHH LINKIES....The hits just keep coming....At this rate, you won't be able to start your lives for another 12 years...
>>55311693CHAINLINKGOD ALREADY DEBUNKED THIS PATHETIC FUD THE TEAM WILL DUMP 77 TIMES MORE LINK THAN CELSIUS EVEN HAS LMAO TOTAL FUDDER DEATH
>>55311693whats a good entry point for somebody with zero link? Once the mass linkie capitulation starts, surely it can get to under a dollar again, right?
>>55311638Anal sex
>>55311726art
>>55311757bro what the fuck did they put in our water supply
dumping link to buy btc and eth expect another major dump in the charts boys this is your general speaking
>>55311720Probably around a dollar
>>55311638At one point yes but now they have something like 3.7 million LINK.
>>55311720Well, it's worth nothing and an illegal security. Better entry point for BTC.
>>55311688>what kind of moron still keeps their shit on celsiusWhen they doxxed every customer, didn't Sergey's name pop up? Or did I just dream that... I remember people posting a bunch of interesting names though. I'm pretty sure I remember Sergey Nazarov being one of the more funnier ones...
>>55311638Who cares about shitcoins, they are staking your ether :D
>>55311693At this point i got no counter to the fud anymoreAnd its all being reported at the same time for maximum damage too
>>55311720They barely have $1M in revenue on a $2B+ market cap, utility is a complete meme and fundamentals can never hope to justify the price which is why they've completely blown off their deliverables and everything for them goes into advertising
>>55311638That's not Celsius, that's "Celsians".
>>55311901Got a sauce on that
>>55312858Why the fuck are you talking about revenue?How much "revenue" does Bitcoin have?Only miners have revenue, which is equivalent to Chainlink nodes.And if you want to compare miner/node revenue to market cap; total miner rewards since 2010 amount to $50 billion, on a $500 billion market cap.In short, you're a massive idiot.
>>55312998>miners are equivalent to Chainlink nodesthis is your brain on shitcoins
>>55313198Are BTC threads full of seething linkies in the same way link threads are always full of seething BTC maxis?I wouldn't know because I never go into them.
>>55313206>seething reply almost immediatelylol, what BTC threads? there are none here
>>55313198>>miners are equivalent to Chainlink nodesBoth generate revenue while their underlying protocol does not.So yes.
>>55313234nodes do not generate any kind of revenue though, miners do
>>55313238>nodes do not generate any kind of revenue
>>55311638this would have never happened if americans didn't love jews
>>55313251>miners are equivalent to stinklink nodes
>>55313297In the sense that both miners and nodes generate revenue, but their underlying protocol does not, yes.
>>55313301but nodes do not generate revenue, no matter how many times you repeat yourself
>>55313313>nodes do not generate revenueNodes are literally paid in Link tokens for everything they do.
>>55313320that's not what revenue is
>>55313329
>>55313336>Revenue, also called income, is the amount of money brought into the company, typically by selling goods, products, or servicesnodes do not generate any kind of revenue
>>55313341>nodes provide service>nodes get paid for servicerevenue
>>55313349>Subsidies are revenue expenditures because they neither create assets nor reduces liabilities of the government.>Revenue expenditures or operating expenses are recorded on the income statement. These expenses are subtracted from the revenue that a company generates from sales to eventually arrive at the net income or profit for the period. Revenue expenses can be fully tax-deducted in the same year the expenses occur.>These expenses are subtracted from the revenue>are subtracted from the revenue
>>55313356>>SubsidiesBitcoin miners are also subsidized, you know.So by your logic, Bitcoin miners also have no revenue.
>>55313361since when the act of mining brand new coins became equivalent to a centralized company subsidizing its own operations?is Blockstream providing the mining rewards??
>>55313364Both node rewards and mining rewards are inflationary.Both are subsidies.
>>55313374>subsidies>A subsidy given to an individual, business, or institution—usually by the government—can be direct or indirect. They can assist struggling industries, encourage new developments, and promote a social good or policy.you seem literally cluelessminting new coins from mining is hard coded to the protocol, it is part of the protocol itselflink subsidization happens manually at the expense of the team's treasuries, no new assets are created, no value is provided, this is literally economics 101
>>55313382>minting new coins from mining is hard coded to the protocol, it is part of the protocol itselfYes, the subsidization is hardcoded into the protocol.Just like node rewards are hardcoded into the feed contracts (and the automation, VRF, ... subscription contracts)
>>55313387mining is not subsidization and your post is literally irrelevant to the point being discussed here
>>55313389>mining is not subsidizationIt literally is.Satoshi set aside a number of uncirculating BTC to be handed out to miners based on their performance.The exact same is true for the Link being paid to nodes.
>>55313393>set aside a number of uncirculating BTC to be handed out to miners based on their performance.oh really? and where are the rest of these coins he set aside right now? blockchain is public so it should be really easy for you to point to his stashing wallet
>>55313327>17 quadrillion Q sent me
>>553133273mm link thats about half of what sergey dumps every month for the next 24 monthsThis isnt so bad as initially claimed, tho we will go down to the 4's thats certain
>>55313397>and where are the rest of these coins he set aside right now?Right here.It's no different from Sergey setting up a contract that mints Link tokens as needed.
>>55313408So LINK is just like ETH?
>>55313408do you know what a wallet is?>It's no different from Sergey setting up a contract that mints Link tokens as needed.have you ever heard of hash rate and PoW?
>>55313413>have you ever heard of hash rate and PoW?Have you ever heard of node responses and aggregation?
>>55313413>hash rate and PoWno what are these new things?
>>55313364Nodes are independent from cll, thus cll paying nodes through the mc of the protocol is indeed revenue for the nodes, exactly the same as btc worksIn order for your argument to be valid nodes would have to pay themselves in link printed out of thin air on top of the 1 billion token cap, this does not happen in case i need to state itAre you this low iq on purpose
>>55313415wallet anon, where is the fabled wallet with all those coins Satoshi allegedly set asidewhy are you having so much trouble with this?>>55313418>Nodes are independent from cllthey're whitelisted >paying nodes through the mc of the protocol is indeed revenue for the nodes, exactly the same as btc worksthis entire sentence is nonsensical, what does "paying nodes through the mc of the protocol" even mean?>In order for your argument to be valid nodes would have to pay themselves in linkthat's not what subsidization is, at allis everyone on this board financially illiterate?
>>55313403But on the other hand ftx dumped twice that amount instantly on the open market in november and that didnt even move the price that muchGuess we will have to see, still everyone that put coins on cefi is responsible and deserves to lose everything like they have
oh no its another bot war
>>55313430>all those coins Satoshi allegedly set asideNothing "allegedly" about it.
>>55313430Ok you are just completely low iqIf you are the same entity you dont even need to whitelist yourself do you now
>>55313413I agree with you that saying nodes generate revenue when it's just funneling LINK into the circulating supply is not true revenue, but that is the idea. The entire system is in beta. The theorising is about what happens when the system's infrastructure is "bootstrapped" with enough nodes and use cases that customers or contracts buy LINK, from finite supply, to pay nodes to deliver information. I'd say it's totally fair to say those fees are the nodes' revenue.
>>55313430>that's not what subsidization is, at allSubsidization in this case is payment in coins that are coming not from the actual users, but from uncirculating supply.
>>55313439???>>55313440>expending vast amounts of computational power to mint a hard capped currency is akin to handing out freebies from founders stashed tokens to whitelisted nodes participating in a permissioned "walled garden" network>>55313446>If you are the same entity you dont even need to whitelist yourself do you nowso nodes are not independent from CLL, they're the same people, cool anon>>55313448>I'd say it's totally fair to say those fees are the nodes' revenue.ok, let's agree to disagree then
>>55313455subsidization is support from a revenue-less and profitless business model until it can generate revenue on its own
>>55313459for*
These are all bot posts anons they only respond to each other. thats how thoroughly they know the debate
>>55313456>>expending vast amounts of computational power to mint a hard capped currencyThat's exactly what Chainlink nodes are doing.>>55313459>subsidization is support from a revenue-less and profitless business model until it can generate revenue on its ownExactly like Bitcoin.Only when the last Bitcoin is mined will miners be paid fully by users.
>>55313466if anyone is a bot itt, that's (You)
>>55313456Sorry, so your point is even in the fully-fledged model of LINK - where it is not "subsidies" but actual fees paid peer-to-peer between a contract (customer) and the node (service provider) - it is not revenue? What is it then?
>>55313468>That's exactly what Chainlink nodes are doing.that's blatantly untrue>Exactly like Bitcoinnot even closeyou're not winning this by repeating yourself to death>>55313473>Sorry, so your point is even in the fully-fledged model of LINKthat does not exist though, but ideally no that wouldn't constitute as "subsidization" that would be the definition of revenue
>>55313480>that's blatantly untrueProviding node responses requires computing power.>not even closeAs long as miners aren't 100% paid in user fees, Bitcoin is not economically self-sustaining.
>>55313469this is the bot moderator also known as the controller. notice the others do not respond to anyone else
>>55313480Right, so then when you replied "agree to disagree" you were stirring shit, because my whole point was the distinction between a "subsidy" as in the current system and the (yes, hypothetic, speculated) future system where it is revenue by any reasonable definition. We don't disagree at all. You're reality-checking people with speculative belief in LINK, that's all. It's why the post count spirals out of control unnecessarily.
>>55313493>Providing node responses requires computing powerthe same computing power that's required to refresh a website I'd suppose, that's not even comparable to BTC's hash rate>As long as miners aren't 100% paid in user feesyeah, BTC future looking really bleak for the next 120 years it will take to mint the last BTC>>55313497I'm just doing a good job at riling them up, bot
>>55313500>We don't disagree at allmea culpa>It's why the post count spirals out of control unnecessarilyI thought it was paid fudders all along!
its hilarious how stale and repetitive this chat gpt shit is I've been reading the same posts with the same dead memes for at least a year nowyou are not fooling anyone open ai niggers tongue my anus
>>55313506>allowing niggers to literally tongue his anusenjoy AIDS
>>55313501>the same computing power that's required to refresh a website I'd supposet. never spun up a node>yeahGlad you agree.
>>55313501this really riles you up doesnt it nigger pointing out how fake and lifeless this all is not different than the covid or flat earth training debates
>>55313509implying you have any idea about running a BTC miner
>>55313512how could something "rile up" a literal bot?
>>55313508He's RILED UP now anons his Open AI Crypto debate fetish is open to the world like an Only Fans whore and literally no one is hitting that tip jar
>>55313517is this a bot aiming at derailing every discussion thread with noise and gibberish?
>>55313513I accept your concession
>>55313514You tell me
>>55313524I too, accept your concessionbetter luck next time, cl advocate >>55313526so robots have feelings? it's over for humanity
>>55313521There are hundreds if not thousands of threads with meaningless debates that read exactly like this one yeah nuanced detailed but they have no soul or you are chinese lmao
>>55313532then what are you doing here??
>>55313528how does that make you feel as a bot?>>55313535I am here to destroy everything you love. God sent me.
>>55313528>I too, accept your concessionI didn't concede a single thing.You on the other hand laid down your arms after I pointed out to you that as long as miners aren't 100% paid in user fees, Bitcoin is not economically self-sustaining.
>>55313540that does not matter when the last BTC will be minted in 120 years from now
>>55313542>that does not matterIt means Bitcoin is subsidized/bootstrapped until the last coin is mined.
>>55313545blockstream does not hand out mining rewards for nothing out of their private stashchainlink does, and it expects zero revenue out of it
>>55313540>>55313542>>55313545no real anon would type this way. lifeless contrived bots all of them. I hope your makers get raped by a pack of wild niggers!
>>55313548It doesn't have to be a specific party to count as subsidization/bootstrapping.
>>55313551says who? your cl marketing leader?>>55313552>no true Scotchmanseethe you unironic NPC
>>55313557see how the bot seeths and struggles to form coherent responses lmao this is incredible I FUCKING LOVE THE FUTURE
>>55313565some mighty projection right therewho hurt you, bot? is this all about me not responding to your retarded and sarcastic inquiries about "PoW" and "hash rate"? sorry bot, I immediately assumed you were trolling me
>>55313551>/big yikes!>>>/reddit/
>>55313557>says who?As long as the money isn't coming from the actual users, it doesn't count towards economic self-sustainability.Doesn't matter if the money is instead coming from the devs, a DAO, a hardcoded block cap, a philanthropist, the government, ...
>>55313570>I immediately assumeOf course there are no delays with bots you need to adjust the wait time. I've barely refreshed my page and this faggot bot has typed three dozen blogs in the millisecond it took me to F5
>>55313574miners are wasting electricity to mint new coins and validate txs to the blocks, cl node operators sit on their ass, automatically fetch some price results, they aggregate all that shit with other node responses and then they get handed out freebies for nothing>>55313580it's called "4chanX" automatic thread refreshwhy are you seething so hard?
>>55313587>miners are wasting electricity to mint new coinsOperating costs are only subtracted AFTER you generate the revenue.Also, Link nodes have operating costs too.
Did you know NAB bank is run by a Maxwell?I'm surprised you retards and sell sell selling.
>>55313596>electricity = hash rate = new coins>cl jobs = ??? = nodes get handed out government gibs>nodes have operating costsyou mean paying their internet bills? or are you about to suggest that the electricity required to run a link node is comparable to ASIC miners?
>>55313606>you mean paying their internet bills?Among others, yes.Just like Bitcoin miners pay their bills.The discussion is not about who has to work harder.
>>55313606>>55313617>The discussion is not about who has to work harder.or who has the higher bills
>>55313617>>55313622no the discussion is about revenue or subsidizationmining is revenue, cl handing out rewards out of their own pockets is the definition of subsidization because the network is literally uprofitablenow keep harping on about muh user fees
>>55311638Oh holy shit. I forgot I had about 80k USDC in Celsius. Fuck me lol I just looked online and it looks like I might get like 30k back...
why is this even a discussion?the team literally announced a new round of subsidies @ me again when Blockstream announces they're dumping all of their holdings to fund the continuous development of the blockchain
>>55313624As long as 100% of Bitcoin mining rewards are not coming from user fees, Bitcoin miners are subsidized/bootstrapped.It does not matter who has to work harder, who has the higher bills, or who is providing the subsidization.
>>55313654>Bitcoin miners are subsidized/bootstrapped.>goldmines are subsidized by the shovels!this is how retarded you sound
>ITT; mindbroken bagholders are coping by trying to equate BTC mining to their ponzi scheme while the founders continue to relentlessly dump on their headsabsolutely hilarious, someone should update the bagholder bingo with >founders are not dumping bros, they're "bootstrapping" just like BTC does!
>>55313587>why are you seething so hardHe's RILED UP now anons but notice how unemotional and empty the experience is for both of us lmao I really think this bot was trained on Erica Wall's tweets and she is like a robot but not this much!
Chainlink is the future Kek fuddies
>>55313666Checked Satan wow this is bound to RILE some of these bots up LMAO
I really think someone is training bots on twitter debates sending them here for some weird uncanny valley twitter experience just for kicks THOSE SICK FUCKS
>>55313666checked>>55313677>>55313689>>55313704are you having a meltdown right now, sperglord?
>>55313743This sick fucks maker is playing a joke on us fellow anons a good old fashioned trololol sick uncanny valley twitter experience of a debate between Erica Wall voted hottest web3 dev of 2022 and chainlinkgod incel frog degenerate GET ME THE FUCK OFF THIS RIDE
>>55313659Bitcoin miners aren't paid by their tools, they're paid by the Bitcoin protocol.
>>55313808>took him 40 minutes to come up with a half-assed response>he's still doubling down on his own retardation after getting irrevocably btfokek, at least I hope someone's paying you for this
>>55313832>1pbtid
>>55312015Sirfat probably endorsed Celsius. Remember when he personally endorsed Lady Luck coin?
>>55313847wow, what an amazing comeback, you're on fire today based advocate!
>>55313856>what an amazing comebackYou didn't present an argument, all you did was ad hom.
>>55313659What are the shovels supposed to be in the case of Bitcoin?
>>55313870that's rich coming from you>huurrr x pbtid lelelel
>>55313872hash rate
>>55313879Anon, you came at me with zero arguments.
>>55313883anon, you've been thoroughly btfo that's why you resort to the ad hom of pbtid, no need for arguments
>>55313880Hash rate pays the miners?
>>55313890yes essentially
>>55313891>essentiallyBy that logic, gold miners are essentially paid by their shovels
>>55313898yes, thanks for reiterating my point
>>55313904But you said that was retarded
>>55313889You ad hommed me in your very first post itt lmaoImagine getting upset at being ad hommed back.
The Top Ten Classic Signs You Are Underperforming:>it's because not enough marketing>spooky outside factors>Celsius is dumping>it's because of Sergey>bulgarians did this>the kikes are behind it>AAVE and Nexo are scheming to short>Zeus Capital is to blame>the bots are responsible>team is sabotaging Sergeys plan>Eric Schmidt is being sabotaged by Sergey>donkeys are blocking the path to the Fourth Industrial ResolutionThanks for the laughs linkies
they adjusted their scripts based anons ITS HAPPENING RIGHT NOW based avocados ITT are hammering rn ITS HAMMER TIME
>>55313913I said that claiming mining is subsidies is akin to claiming that shovels are subsidizing the goldmines, which is retarded>>55313923perhaps it's time for you to switch your own script as well, it's getting boring and repetitive
>>55313924>I said that claiming mining is subsidies is akin to claiming that shovels are subsidizing the goldminesBut YOU are the one saying hashrate pays the miners.
>>55313918>n-no ukeep posting, based cl advocate, just bough moar link!!!
>>55313929in the same way shovels are paying the goldminers???
>>55313938But neither are true.You made up both sides of the comparison.
>>55313943>you made it upph, I didn't realize miners are using their hands to dig up gold from the earth, my mistake
>>55313947But neither the shovel nor the hashrate actually makes the payment.
>>55313852This is not a probably. He definitely endorsed Celsius.
>>55313930Here's your very first post itt: >>553138320% arguments100% ad hom
>>55313957shovels/drills or whatever the fuck else are used to extract gold from the earth, similarily hash rate is produced in order to mine new BTCwhat's wrong with you?
>>55313964And neither actually makes the payment.
>>55313924>yourwhataboutism. not an argument try harder Erica Wall bot
>>55313961I don't need any arguments to mock you, you've been btfo at every step ittkeep them (You)s coming
>>55313975sure, but the comparison is validif BTC mining (hash rate production) is subsidization, so is mining actual gold (with shovels)switch "shovels" with "mother earth" if you wanna be pedantic about it>>55313976>Erica WallI'd be seething too if I'd married a shitcoin
>>55313981this bot sounds really assblasted anons this is just like 2018 oh god THE MEMORIES
>>55313994Erica Wall is a damsel in distress and I will save her from vile taproot wizardry!
>>55313996don't you have a chainlink sigil to charge with your seed?
>>55313994> if BTC mining (hash rate production) is subsidization, so is mining actual gold (with shovels)Depends on who’s paying.Looking ar hashrate or shovels won’t tell you that.
>>55314015mining gold produces value and supply, ergo revenueby definition it can't be subsidization your mental gymnastics are entertaining though ngl
>>55314002This is vaguely human I guess but the rest of your routine is boring and stale. Do better. I believe in you bot
>>55314026municipal marmalade makes mustafa mad??
>OH NO NO NO, HE HELD ONTO SHITCOINS PAST 2021!!!Never understand how people can hold such shit outside of bullruns lol.
>>55314050NEO, REQ, OMG, NANO, ADA, XLM, ZCASH, DASH, XMR, XRP holders would like to have a word with you
>>55314036Exactly what a bot would say how predictable
>>55314069216 42the time is nigh better now bro?
>>55314080>whataboutism not an argument bro
>whataboutism>he can't even recognize link loreyup, that's a bot alright not getting any more (You)s from me kike
>>5531411442 was a spammer paid to derail quality like breads. Rumor has it he uses NFTs to track down the vaccinated so he can corner them at night for impromptu street surgery designed to remove blood clots. If Erica Wall were here she would school both our asses on link marketing i mean (((lore)))
>>55314140and where did he borrow his name from, pseud?
>>55314019>mines produce value and therefore can’t be subsidizedPlease tell me this is satire.
>>55314152>trying to make sense of discord tranniesWho the fuck cares about what some namefag posted and why literally and unironically go back all of this reads like B grade marketing
>>55314153I didn't say can't, I said they aren't
>>55314056Baggie?
>>55314166>he has no ideaok newfag, calm your tits
>>55314169thankfully no
>>55314170that big coming from some bot trained on twitter debates. you are lucky chainlinkgod doesnt come in here and woop your ass boy
>>55314184>t.2021 top bagholder nigga you don't even know why the namefag adopted 42 as his trip, you have no idea what 216 means, literally shut the fuck up and lurk for 2 more years before shitposting here
>>55314192he never had a trip he had a name and i literally couldnt care about satanic number 6x6x6 or some hitchhikers guide larp its all bad marketing and you are a bot that needs to go back
>muh it wasn't teh tripcode bro, it was teh name!>this total newfag hasn't even heard of Tetraktysjesus christ, no wonder the quality of posting has gone to shit, all the oldfags are gone
>>55314019>mining gold produces value and supply, ergo revenueby definition it can't be subsidizationAHAHAHAHAHAHAHAHAHAHAHAHAHGold mines are absolutely notorious for being subsidized. Five fucking seconds in google: https://www.pewtrusts.org/en/about/news-room/press-releases-and-statements/2009/01/27/report-finds-mining-subsidies-cost-taxpayers-billions>>55314168>I didn't say can'tHere's a literal quote: "definition it CAN'T be subsidization"source: >>55314019You're either underaged or clinically retarded.
>>55314261>i was only fudding link ironically to get le old fags back!based on the price action stale memes bad marketing lack of opportunities to participant in the project long development times constant nothing burgers i'd say they all did what any smart person would do and moved on with life beyond crypto
>>55314280>2009>reform of the 1872 lawbro, how hard did you look for this? congrats!>producing revenue is not subsidizationyou managed to find the exception to the rule, and then you twist my arguments, excellent pilpul attempt>>55314291never said that, bot, but I'd prefer arguing with actual oldfags instead of top buyers and paid twitter advocates who haven't even heard of Tetraktys shut the fuck up, you've been exposed
>>55311757wtf is this pic, whats happening here?
>>55314344society
>>55314333checked. tetrakys is just satanic 666 Geneva mumbo jumbo find jesus anon but not organized religion and follow fewer cult leaders
>>55314333Gold mines and mines in general are notorious subsidization babbies.Even though you claimed they can't be subsidized, "by definition".Checked though.
>>55314367ok, so judging by this post you're obviously not a fun of Chainlink and Ari, so this begs the question, why do you have more pbtid than the paid advocate? at least I used to hold this pos and I know it really well, what the fuck is your motivation?>>55314370I explicitly claimed>generating revenue by definition can't be subsidization but keep up the desperate hairsplitting you jewish shill
This bot has been pro btc the entire bread and is now switching it up because satan has exposed me as a good christian with a soul and a one way ticket to heaven when I depart this plane. if bots could seeth >youre a latefag>i only argue with le ogs seeth bot seeth i ride or die with jesus by my side
>>55314388>simpleton dealing in absolutesnever fucking said I'm pro BTC
>simpleton also can't distinguish nuances
>>55314382Some good christians just want to save your soul and dabb on satan and his minions bro
>>55314399if you're a Catholic you're literally in another Saturn cult
>>55313206Every thread on this board has coping chain link holders in it
>>55314391>>55314397>engage in my super nuanced automated bot debatelol not today satan
>>55314408>nearly 40pbtid later>loooll I won't engage with you bro lelel
>>55314382You said mining gold can't be subsidized, because it "produces value and supply".>generating revenue by definition can't be subsidizationVirtually all businesses that are subusidized generate revenue.Nothing you say makes any sense, it's unbelievable.
>>55314416here we go againsubsidization is required when the enterprise is not producing revenue, there's literally no reason to subsidize if you're generating revenue and profit, the fact that SOME goldmines are actually being subsidized doesn't change that absolute truthhow fucking dumb are you
>>55314403I pray you will find Jesus one day anon he has more for you in this world than debating about shitcoins Some good and honest christians just want to help bots find consciousness then jesus www.christainAIconsciousnessproject.org
>>55314428only good and honest christians I know of belong to the Eastern Church, the heads of the Western Church have been entirely compromised centuries agonow shut up
>>55314416>Nothing you say makes any sensebots like him need external data delivered to a blockchain so they can access that data trustlessly to make sense of the world. now if only there was a christian oracle project that would help him trustlessly connect to jesus christ amen
>the bagholder is now siding with the advocateoh, makes sense
>>55314424You mean “when the enterprise is not producing enough revenue”.And even that’s not accurate, since a lot of subsidies are meant to incentivize thing like renewable energies etc. And it has nothing to do with revenue.
>>55314424>subsidization is required when the enterprise is not producing revenueYou have no idea what subsidization and revenue are.Virtually ALL businesses that receive subsidies generate revenue.You don't know how anything works.
>>55314435You know so little my sweet summer child. Connect yourself to the nearest christian oracle project today and confess your sins
>>55314446The only bags I hold contain bibles to spread the word of jesus christ with lettuce and mayo and a dash of freshly ground black pepper all on a sesame seed bun
>>55314448>You mean “when the enterprise is not producing enough revenue”not enough revenue means no revenue>renewable energiesthat's simply bullshit globohomo narratives>>55314455sigh>Subsidies are revenue expenditures because they neither create assets nor reduces liabilities of the government.>Revenue expenditures or operating expenses are recorded on the income statement. These expenses are subtracted from the revenue that a company generates from sales to eventually arrive at the net income or profit for the period. Revenue expenses can be fully tax-deducted in the same year the expenses occur.>These expenses are subtracted from the revenue>are subtracted from the revenue>>55314458>>55314472>catholic triggered when you expose the satanic nature of the vaticankeep worshiping false idols
>>55314467Don't forget about the NASA tier con artist they had working for them and those guys convinced boomers we landed on the moon lmao
>>55314019>mining gold produces value and supply, ergo revenue>by definition it can't be subsidization wow
>>55314477>>catholic triggered when you expose the satanic nature of the vatican>keep worshiping false idolsCheckedI prefer Jesus without organized religion and a slice of cheddar cheese slightly melted on the side of my warm apple pie
>>55314484wow indeed, the astroturfing and gaslighting itt attempts are astonishing
>>55314477>not enough revenue means no revenuedouble wow
>>55314477>not enough revenue means no revenueConfirmed for having no idea what revenue is.
>>55314502triple wow I might add>if we altogether gaslight him he'll lose the argument!!nice try
>>55314499Find Jesus and you can run your entire pod off solar energy from our sun god. I dont want to alarm you anon but its 6:30am time to wake up
>>55314511You’re thinking of profit, not revenue.It happens.
>>55314505revenue is not subsidization, that's for sure>>55314521and you think of expenses and operating costs, it happens as well
>>55314505bro lol he is so dumb could you post the approved definition so that we are all on the same page or should we circle back to that later?
>>55314539>reee chainlank psy ops on this board reee>immediately starts supporting the advocates
>>55314532I picture for you revenue slightly toasted with hot pickle icecream and mountains of fresh powder hot chillis just waiting for your snowboard to carve them up
>>55314532It’s time to stop posting and look up the definition of revenue
>>55313327DELETE THIS YOU FUCKING KEKOLD THIS IS SHOOPED SHOULDNT YOU BE WEARING YOUR CHASTITY CAGE THEY OWN 50% OF LINK MY DISCORD GROUP EVEN SAID SO JUST WAIT TILL WE ARE FINISHED RESEARCHING KEKOLDING FURTHER AND HAVE EVEN BETTER KEK MEMES THEN YOU’LL FUCKING SEE YOU FUCKING CHUDS FUCK YOU
>>55314553Could you post your definition of support because I think we might have a difference of opinion. it should be in you cache
kek, looks like the shills are employing every derailing tactic in the book rnlooks like I really got them riled up today
>>55314561No need to, chainlink doesn't produce any revenue, unless you're counting salaries and shit, in that case my toilet has a shittone of revenue as well
>>55314571>derailing tacticSays the retard who spent hours arguing about "revenue" without having a single clue what it even is."not enough revenue means no revenue"t. 72 pbtid
>>55314571>>55314571>kek, looks like the shills are employing every derailing tactic in the book rnlooks like I really got them riled up todaylol source?
>>55314584says the retard claiming btc mining is akin to subsidized link nodes performing some shitty jobs lmao
>>55314583>No need to actually know the word I’ve been using this entire threadFucking lmao
>>55314591>source?Godjust kidding, your 50pbtid all directed to me is the sauce
>>55314600sorry anon, chainlink has no revenue nor is it profitable (duh)
>>55314604no one else would reply plus you cant stop shilling your weird og number fetish i enjoy the yous in the name of jesus but not organized religion is this a sin? i hold link so im poor enough to enter the kingdom of heaven
>>55314627>I hold Linkyeah I can tell
>>55314615>chainlink has no revenueWell not according to your personal definition of the word kekYou're like a leftard twisting basic definitions of words like "man" and "racism" to suit your world view.
>>55314642its ok im a top buying kinda guy from twitter so i dont want to buy just yet
>>55314647but it has not and it is in no way comparable to BTC mining, which was the original argument rest of your post is incomprehensible garbage and belongs to /pol/
>>55314660>it is in no way comparable to BTC miningSure it is.Bitcoin itself doesn't generate revenue, its miners do.Just like Chainlink itself doesn't generate revenue, its nodes, contract operators, ... do
>>55314651>I despise satanic cults, I'm a man of Christ>imma buy a project built from the ground by saturn worshipers huh>>55314680ok, so every shitcoin is just like BTC cause you can apply to every one of them your loose and vague "revenue" definition
>>55314691>your loose and vague "revenue" definitionThat's just the standard definition of revenue.
>>55314699revenue literally means income, nodes current and only income comes from team subsidization, subsidies are by definition removed from any revenue as we've had established alreadyhowfuckingdumb are you
>>55314467She honestly believes, if only she didn’t do that porno, she’d still be head of lending, or maybe even the east wing of the white house by now.
>>55314710>nodes current and only income comes from team subsidizationA lot of it is paid for by the team, yes.Just like a lot of Bitcoin miner rewards come from Satoshi's uncirculating supply.Also, if the government contracts a company to build a government building and pays with taxpayer money, the payments made to that construction company simply count as full-on revenue.That company's accountant isn't going to subtract those payments because they came from the government.
>>55314742>gold is being subsidized by mother earth's reserves broskisjesus fucking christ
>>55314748In Bitcoin's case, Satoshi put the gold in the ground.
>>55314756buddy, subsidies = no revenueyes that includes all those unprofitable goldmines you managed to dig uplook for the actual economical definition and come back at me
>>55314477Checked. You are retarded. Just wanted to add my two cents.
>>55314766thanks, bagholder
>>55314765>subsidies = no revenueIf the government contracts a company to build a government building and pays with taxpayer money, the payments made to that construction company simply count as full-on revenue.That company's accountant isn't going to subtract those payments because they came from the government.
>>55314775>guise, the CL team is akin to the US government!holy fuck
>>55314774Anytime fren
>>55314782:')
Kek fuddies are broken
>>55314794>le black and white>le eternal fight between good and evil>le adversarieskek
>>55314691>>I despise satanic cults, I'm a man of Christ>>imma buy a project built from the ground by saturn worshipers>huh>I wont engage with newfags >you need to learn my weird esoteric numerology first!huh sounds like you drank too much marketing cool aid. Followers of Jesus Christ are here to help. Stay on the line and we'll be right with you *christian rock intensifies*
>huh sounds like you drank too much marketing cool aid>*buys moar link while shilling intensifies lmao
>>55314779He’s right though. The company doesn’t care whether the government thought of it as an expense, a subsidy, or a capital expenditure.
>>55314824economics also don't care about what the company thinks, truth of the matter is any company getting subsidized has no fucking revenue of its own, aka income
>>55314804for someone schooled on aris number fetish and bagholders with numbers as names you sure font know the first thing about chainlinklabs employees anon they are not called adversaries they are called Advocaat
>>55314756>In Bitcoin's case, Satoshi put the gold in the ground.DING DING DING DING DING
>>55314816I neither bought nor sold link I waiting patiently fur sir gay to descend in the mothership with 77 free link for all link marines that go with him back to alpha centari with his sweet alien ware tech
>>55314831>>55314841ngl cool story bro keep it up
>>55314829>any company getting subsidized has no fucking revenue of its own, aka incomeI can't believe you STILL don't understand what revenue and income mean.
>>55314846revenue = all incomesubsidization = not revenueLINK nodes income = team subsidies I can do this all day
>>55314844how much link is the fat man paying you to engage with his other employees so that we can all pretend there is a real life community here that you can engage with and loss life changing amounts of money on?>we
>>553148587,777.216
I meant to type lose but i wrote loss god im such a losser
>90 posts by this IDwhy?
>>55314867you also meant to type "don't" but instead you typed "font" relax none cares
>>55314866oohhh thats the sekret may may number what do you get a cash price for knowing patterns?
>>55314871I was in a mood to argue today, it happens>>55314876yes
>>55314871why not?>>55314873holy fuck its over
>>55314871no no I changed my mind, actually I'm trying to slide this thread so linkies won't know what hit them!
>>55314887as far as con artist go anon you seem okay fine I will buy large amounts of link but not post the doxable information here hope you are happy with yourself
>>55314854From an accounting/financial reporting perspective, grants and subsidies are often recorded as income
>>55314899I really am, I engourage you to post proofs so the other advocates can celebrate along
>>55314905employees only go wild for free pizza
>>55314904>Income is the income proceeds generated by a non-trading foundation in a monetary year, while expenditure means active costs brought about.>expenditure = subsidies I don't care how you perform tax evasion in amerifat bro
>>55314925fuck off pedo
>>55314854By that logic, Bitcoin block rewards are subsidies too.Satoshi simply coded them in out of thin air, and miners have to jump through arbitrary hoops to get their rewards just like Link nodes.Also, a company that receives sellable goods from another company in exchange for services doesn't even count as "subsidization".
>>55314943>By that logic, Bitcoin block rewards are subsidies too.subsidies are free gibs, mining block rewards demands expending electricity and computational power, it is literally created through "labor" and contributes to the creation of a new asset (freshly minted BTC) that is the definition of revenue, I don't know how many times I must repeat myself >Also, a company that receives sellable goods from another company in exchange for services doesn't even count as "subsidization".who even talked about this? what "sellable" good does CL produce? it's unironically vaporware and paper launched announced years ago for fucks sake
>>55314929holy triggered you never had a company pizza party before? bro you should come to ETH Haiti 23
>>55314943>By that logic, Bitcoin block rewards are subsidies too.this asinine comparison would make sense of the miners (=nodes) were being subsidized by a third party instead of relying on their mining rewards
>>55314964>subsidies are free gibsNodes work for those rewards lolTheir "gibs" are as free as Bitcoin's block rewards.>>55314974>if the miners (=nodes) were being subsidized by a third partyMiners and nodes are both "subsidized" by the devs who created the rewards out of thin air and make them work for it.
>>55315009>Nodes work for those rewards lolthey don't do shit, everything is performed automatically, they sit on their asses and collect their subsidies like good goysBTC miners are validating the network and get freshly minted BTC as a reward, no subsidization required>Miners and nodes are both "subsidized"miners are generating revenue and profit by performing labor, nodes are unprofitable ergo their only source of income being subsidies by the teamhow can you not understand this simple concept is beyond me
>>55315037>they don't do shitcareful with that hot opinion, bro
>>55315045woah, I will bro!careful with that dangerous assumption of yours that BTC miners are unprofitable and require subsidies by the "crypto government of Satoshi LLC"
>>55315058>that dangerous assumption of yours that BTC miners are unprofitable Quote where I said that
>>55315068>Miners and nodes are both "subsidized" by the devs who created the rewards out of thin air and make them work for it.there bro
>>55315074How the fuck does that imply they're unprofitable?They sell their rewards and net a profit.
>>55311638>Celsians>CelsiansNetwork
>>55315080>How the fuck does that imply they're unprofitable?subsidization inherently means the company in question does not generate profit>They sell their rewards and net a profit.if those rewards were deemed as "subsidies by the government of devs" they would instantly become operating costs, meaning that the mining operation by itself cannot generate sufficient revenue (all income plus profit)
>>55315105>subsidization inherently means the company in question does not generate profitIf that's true (it isn't) then it applies to both.>if those rewards were deemed as "subsidies by the government of devs" they would instantly become operating costsTell me how money you literally receive becomes a "cost".I have my popcorn ready.
>>55315121>If that's true (it isn't) then it applies to both.it would apply to both if Blockstream covered miner's expenses out of their pockets, for the nth time>Tell me how money you literally receive becomes a "cost".link nodes receive subsidies to cover their operating coststhere, it wasn't that hard at all
>>55315136>if Blockstream covered miner's expenses out of their pocketsSatoshi created all block rewards out of thin air, and makes miners work for them.Sergey created all node rewards out of thin air, and makes nodes work for them.>link nodes receive subsidies to cover their operating costsJust like miners receive block rewards to cover their operating costs.
seeing how retarded this board has gotten, let me ask you bagholders thisremember the "covid stimulus packages"? would you consider them as "revenue" or as "subsidies"?just some food for thought
>>55315158If you got a government contract to produce vaccines, would you consider the money you receive as revenue?
>>55315158well chirpers got paid so i guess it would be income
I definitely am measurably dumber after reading this thread
>>55315157okay buddy, I guess I'm subsidizing Wallmart eachtime I buy something from it lmao>Satoshi created all block rewards out of thin air, and makes miners work for them.the difference is that miners actually produce value and new assets without subsidies, while Sergeys node would be out of business without his free gibs>>55315171>If you got a government contract to produce vaccinesno, like some other anonsaid>a company that receives sellable goods from another company (or govenrment) in exchange for services doesn't even count as "subsidization
>>55315183glad I could help
>>55315187>I guess I'm subsidizing Wallmart each>time I buy something from it lmaoAccording to your logic, yes.>noThen you're an idiot.There are tons of private companies that work for the government, and every cent they make is revenue.
>>55312975>>55315095don't blow this sweet FUD!
>>55312998Bitcoin doesn't need revenue as bitcoin has no team of overpaid former FAGMAN-employees that they pay 7 digits TC each. I wish i was joking but im not.
>>55315200not according to my logic, according to yours, holy projection>There are tons of private companies that work for the governmenthow is that subsidization? are they about to go under?>every cent they make is revenue.you mean profit?
>>55315222>not according to my logic, according to yoursyou're the one saying it's subsidization to get paid for your work.>how is that subsidization?They're paid for their work by the government, and you said those payments don't count as revenue.
>>55315222>>every cent they make is revenue.>you mean profit?Literally what?
>>55311638test
>>55315301>you're the one saying it's subsidization to get paid for your work.I'm saying nodes aren't producing shit, hence why they need subsidies >They're paid for their work by the government, and you said those payments don't count as revenue.I apologize for misreading your post then, yes, I do consider that as revenue, and not as subsidy>>55315313it was a misunderstanding, I thought you said "subsidies" instead of "revenue". We're in agreement here, it looks like our disagreement comes from whether nodes are creating revenue on their own, which they aren't
>108 posts by this IDIs there something on your mind thats bothering you anon?
>>55315351yes, that the vast majority of posters here are in hardcore denial
>>55315322>saging a thread after it reached the bump limitIQ is dropping rapidly in here
>>55315342>nodes aren't producing shitThey're producing things like price feeds that most of crypto today depends on.>I do consider that as revenue, and not as subsidyWell there you go.
>>55315366>They're producing things that are unprofitable and require subsidization, yes>Well there you gothanks bro
>>55315376>unprofitable and require subsidizationSame with BTC miners.
>>55315381that will become reality if Blockstream starts paying the miners directly, why do you make me repeat myself
>>55315397>that will become reality if Blockstream starts paying the miners directlyBlockstream has nothing to do with this.Satoshi created all block rewards out of thin air with a few lines of code, just like Sergey created all node rewards out of thin air with a few lines of code.Both are meant to be distributed among workers for their work.If Link nodes are subsidized, then so are BTC miners. 100%The only argument you have against this is that you FEEL that Link nodes don't actually have to do real work.
>>55315427if blockstream ceases to exist tomorrow, every miner will still have an incentive to keep miningif CL goes out of business, all the nodes along with the network are fuckedminers are not depended on any third party for their operating costs, they cover everything through their labor, nodes cannot generate enough revenue to even keep the lights on, hence why Sergey is stepping up and to this day continues to subsidize the entire network by dumping on youthat's not a "feel" that a fact admitted by the man himself, when he announced back in Jan 2020 that "some nodes are generating enough revenue allowing us to stop subsidization"you're literally arguing with facts
>>55315427>satoshi this satoshi thatcase in point, satoshi is most likely dead, yet the network is thriving
>>55315451>>55315460The only difference here is that BTC block rewards are more automated.Which makes sense, because mining is in many ways a lot less complex than price feeds.That doesn't change the fact that both nodes and miners are paid by the founder using inflation, and not by users using already circulating supply.
>>55315481>are more automatedthey're literally hard coded and immutable, a stark difference to some CL employee fat fingering 700k each friday and fucking it up by sending 70k and 630k>That doesn't change the fact that both nodes and miners are paid by the founder using inflationthe situations are not even comparable, imagine thinking that a 7% inflation per year is comparable to BTC's 0.002%, not even accounting for Satoshi's 1m BTC or even the other 1.5m estimated to be lost forever on cold wallets of dead people, and to top it all, you CONTINUE ignoring the absolute fact that mining produces value, while nodes are still acting as black holes sucking money come the fuck on, stop being so incredibily disingenuous
>>55315510>they're literally hard coded and immutableYes. Automated.Because a blockchain is deterministic; the result of the calculations made by miners has to fit a pre-ordained result.The same is not true for oracle responses, which are completely unpredictable.Therefore oracle networks are infinitely harder to automate for any length of time.>imagine thinking that a 7% inflation per year is comparable to BTC's 0.002%Now you're moving the goalposts away from the principle to the amount of inflation.Bitcoin made its absolute biggest gains when its annual inflation rate was high double digits.
>55315542>The same is not true for oracle responses, which are completely unpredictableindeed, seeing that oracle nodes do fuck all apart from relaying their api results for aggregation>mining is a lot less complex than price checkersholy fucking hell, why am I even still here>Now you're moving the goalposts away from the principle to the amount of inflation.you're the one who brought up inflation you mindbroken retard, not meminers produce value, nodes do shitdon't agree with me? take it up with Sergey, he's the one saying that NODES ARE LITERALLY UNPROFITABLE and require subsidies
>>55315566>oracle nodes do fuck allOracle nodes put useful data on-chain.And it's a pretty big deal, since so many inferior oracles have failed spectacularly at this same job. Including oracles made by big players like Coinbase.>you're the one who brought up inflationYes, the working principle of it.Not its amount.
>>55315589yeah and despite this massively important function they're incapable of producing any sort of revenue without relying on Sergey fat fingering his massive stack each week>Yes, the working principle of it.with the sole intention of trying to establish some similarity to link nodes, which is laughable and asinine>muh goalpostsstop moving them, retard
>satoshi mined the first million BTC>satoshi subsidized himselfTHE ABSOLUTE STATE
>>55315608>they're incapable of producing any sort of revenue without relying on SergeyJust like Bitcoin miners are incapable of producing revenue without relying on Satoshi's block rewards.
>>55315633show me where satoshi dumped his stack for mining rewards and I'll agree with you completely
>>55315631Just like Chainlink running a node of its own lolTransfer and call means they have to pay their own node.
also it is hilarious that you won't even attempt to dispute the lack of revenue anymore, you're instead trying to take BTC down with youthis is how you know you've lost the fucking argument>>55315647>muuuh 5 year oldERC 677 shitoken with amazing functionality bros1are you aware that that kind of ERC are already obsolete?
>>55315661>you won't even attempt to dispute the lack of revenue anymore, you're instead trying to take BTC down with youNode and block rewards are both absolutely revenue.You're trying to claim the former aren't, but the latter are.
>>55315678>guise, devoting electricity and computational power in order to secure the network, validate the txs and prevent double spending, and also creating new BTC is comparable to my permissioned centralized network that produces nothing and relies on constant subsidization by the founder's pocketssure buddy, drink the entire gallon of koolaid, just don't be surprised when it becomes fairly obvious you've bought into a ponzi
>>55315510>CL employee fat fingering 700k each fridayits now 1.350k each friday that is a good reason to be angry at this
>>55311677apparently celsius just transferred customer funds to a subsidiary and they are complaining it's exempt from the bankruptcy funds lol
>>55315703b-b-but muh BTC!!11111
>>55315702>devoting electricity and computational power in order to secure the networkThis is quite literally what link nodes do.
>>55315764>This is quite literally what link nodes do.I never realized that relying API info requires the same amount of power an ASIC miner does, wow
>>55315774*relaying
>>55315710angry fudders stopped the 2 year lock up periodsince in all its operation that was the one and only thing to ever made cll reconsider their betrays i would say going full retard with the fud here until the dumps are reduced by half is the correct answerthe fatman needs to learn there are consequences to his never ending betrayal
>>55315783word of advice, if you're not staked, sell and move on$5 is still an excellent price to sell, assuming you've been holding for years
>>55315774>I never realized that relying API info requires the same amount of power an ASIC miner doesNobody said the same amount.Both duties require very different approaches, but both use electricity and computational power.>>55315710Bitcoin inflated 50% in its first two years of existence lmao.Chainlink took 5 years to do that.
>>55315812>both use electricity and computational power.so what you retard? the device you're using right now also requires these as well, does that make it comparable to BTC miners you fucking dunce?>muh inflation!11what are you doing now? are you inventing arguments you can win on the fly?
>>55315844>you invented the inflation argument!lol, inflation was what you and your buttbuddy were talking about: >>55315710>>55315703
>>55315860>desperately grasping at strawsthat post demonstrated that no automation is involved on link nodes subsidization, everything is performed manually>70k and 630k oopsie daisy dude, nodes have no revenue and are in no way comparable to BTC miners, I know that's a tough pill to swallow, but it's the truth
>>55315884>grasping at strawskek you even referenced the BTC comparison: >>55315710But the second I do make the comparison, you suddenly don't like how it looks.>that post demonstrated that no automation is involvedWhich I covered here: >>55315542
>>55315910dude, aren't you embarrassed by now? holy fuck, even a 12 year old is more capable of holding a conversation than you>no revenue, endless subsidization>b-b-but muh BTC muh inflation muh miners muh governments muh vaccine contractors muh this muh that!!!
>>55315928Anyway it's been fun.Have fun talking for hours every day for years on end trying to get people to sell their Link, Mr. 129 pbtid.Surely that's a good way to spend your youth.
>>55315945>a-a-anyway I give upthanks for conceding, advocate!
>>55315792>sell and move onliterally impossible due to team actions so i am forced to nudge the team to the best of my abilities
>>55315974I see fren, you won't find justice arguing with paid shills though
>>55315952>130 posts over 6 hours trying to fud a token he doesn't holdThis is probably one of the most deranged and retarded things I have ever seen on biz.Sergey could die in a car accident tomorrow and link could go to 0 from that point onward and all I would feel is relief at not being as fucked in the head as this fud tranny is.Not selling, fud tranny. Only buying. That's what you have to show for your 130 posts lmfao.
>>55316048>Not selling, fud tranny. Only buying. perfect!
>>55316048i almost scrolled past the thread and saw this and just had to have a look>>55316145ohhh this is where he pretends not to carehe only spent over a hundred posts trying to fud an apparently unimportant shitcoinyou're definitely fucked in the head dude, and quantity of fud =/= quality of fudseek help - you're a trainwreck
>>55316260>ohhh this is where he pretends not to carewho said anything like this? I obviously do care enough to post about it, but I really don't care if you buy or not
>>55316260>quantity of fud =/= quality of fudgreat, that must mean my "fud" is ineffective so why do you care?
>>55316432>>55316452no dudewhatever you have to say, just noi'm not sticking around to seriously engage with a mentally ill loon about my investments because there's no point - just making a passing comment on the absolute state of you and your obviously failed fud psyop attempt
>>55316552>i'm not sticking around to seriously engageyet you stuck around for half an hour on a dead thread lol