[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 215 KB, 946x2048, 20230717_203118.jpg [View same] [iqdb] [saucenao] [google]
55577732 No.55577732 [Reply] [Original]

The CCIP terms and conditions are interesting and warn that rapid adoption could lead to increased price of link token.

>> No.55577743

>>55577732
DECO will make Chainlink moon.

>> No.55577749
File: 237 KB, 946x2048, 20230717_203121.jpg [View same] [iqdb] [saucenao] [google]
55577749

>> No.55577764

>>55577732
>>55577749
SO WHAT THEY'RE SAYING IS... WE WILL KEEP PRICE LOW FOREVER :}

>> No.55577800
File: 433 KB, 1626x646, LOL.png [View same] [iqdb] [saucenao] [google]
55577800

>>55577749
oh hey, look what i found stinkies. this part of the ToC should interest you :}

>> No.55577831

>>55577764
Around the price of a cub o cobbee.
But wasn't that about average cost of each tx?

>> No.55577838

jesus christ... so it's basically guaranteed this will never make anyone money. Can't wait to see the advocate spin job on this. Can we please just get back to like $30 so I can leave this nightmare

>> No.55577847

>>55577732
>increased price of link token
thankfully Chainlink Labs LLC has about 462,000,000 solutions left to this problem

>> No.55577850

>>55577831
did the whitepaper actually say that? I always thought it was just a meme

>> No.55577882

>>55577732
So does this mean that it's possible it was Chainlink Labs fudding the whole time to get the price to be low so the network could succeed long term?
*Takes a rip of bong* that's crazy bro

>> No.55577945

>>55577882
No shit, why do you think so many link holders FUD their own bags?

>> No.55577955
File: 412 KB, 1660x1234, IMG_0927.png [View same] [iqdb] [saucenao] [google]
55577955

>>55577850
>he thought it was a meme

>> No.55578003

>>55577955
well i'm about to throw up...what is the point of holding this then. Someone give me some hopium

>> No.55578019

>>55578003
The price of a cup of coffee will be 15 dollars in a few years.

>> No.55578046

>>55578003
sergey might forget to sell for a few years, maybe you can front run him

>> No.55578048

>>55578003
you are waking up from the matrix, neo :}

>> No.55578057

>>55577732
Lmao the price rising is considered a risk lmao

>> No.55578058

>>55577732
So it will always be in a predictable range. Tradebros we won

>> No.55578091

>>55578003
fuck off faggot we all know you're samefagging. It never said that. Everyone can go check for themselves.

>> No.55578107

>>55578019
that's pretty funny I hadn't thought of that


seriously though why the fuck does biz pump this so hard if the actual team won't let it moon. I've never heard of this on another crypto, this is insane

>> No.55578122

>>55578091
I don't know how to "samefag" and not even sure what that is. The guy above posted a screenshot of it dude

>> No.55578129

>>55578107
I only buy tokens that have holders who actively FUD and try to keep the price down on their own investments. (LINK, XMR).

Maybe something like PEPE or SHIB is more your speed.

>> No.55578135 [DELETED] 

Still waiting for a baggie to explain this. It literally says for chainlink ecosystem to function the price must be low.

>> No.55578136

>>55578122
>muh i'm a clueless newfag what is 'muh samefag'
you glow nigger, we're not stupid. Obvious samefag fudder is obvious.

>> No.55578170

>>55578122
It's fake man. I really should let you believe it, but dyor.

>> No.55578240

>>55578122
>The guy above posted a screenshot of it dude
wow a real heckin screenshot?

>> No.55578263
File: 496 KB, 727x622, 1610903644887.png [View same] [iqdb] [saucenao] [google]
55578263

>>55578135
They are saying that market prices for link token may exceed the computational value from the link network. This in turn could create a situation where you have to pay double or triple the costs because of token scarcity on the market which could deter usage of the network. I think otherwise. I think they will pay the toll. The singularity is near boys.

>> No.55578271

>>55577732
Imagine one day when there's a exploit on a chain that's linked and everyone is rushing to get their funds off that chain. Hundreds of billions all at once. I wonder if Chainlink would shutdown that lane and leave them stranded or allow them to leave

>> No.55578297

>>55578263
Utter copium.
But what else can be expected from someone that didn't sell at $50

>> No.55578329

>>55578297
Shut up nolinker, nostaker

>> No.55578340

>>55578263
why would i pay artificially inflated costs?
i will just use one of many competitors

>> No.55578343

>>55578329
How's that CCIP pump?
>Checks price
BAHAHAHAHAHAHAHAHAHAHAHA
not even 1/10th the pump XRP got

>> No.55578395

>>55578343
I got in at 30 cents and have a 5 figure link stack with multiple fully staked wallets.

>> No.55578396

>>55577749
It's nice to hear them actually talk about the token for once

>> No.55578428

>>55578135
It says that the price should be stable. Ridiculous gas prices never killed Ethereum, so it isn't a huge deal.

>> No.55578448

>>55578297
>doesnt understand the singularity. NGMI
>>55578340
>many competitors
Topkek

>> No.55578470

2024 year of the link bidding war. You think if demand is that high institutions won't be willing to pay for secure offchain computation? They wont have a choice.

>> No.55578589

>>55578003
Photoshopped, read the WP yourself

>> No.55578613
File: 1.06 MB, 905x611, 1513224367502.png [View same] [iqdb] [saucenao] [google]
55578613

>$300 mill+ volume
>up 1%
i wonder who is selling into the CCIP news

>> No.55578621

>>55578613
Bitcoin is.
As always

>> No.55578651
File: 244 KB, 1785x733, image_2023-07-17_134637600.png [View same] [iqdb] [saucenao] [google]
55578651

It's the beginning of a new age...

>> No.55578669
File: 177 KB, 512x512, 1689619727280.png [View same] [iqdb] [saucenao] [google]
55578669

>>55578170
>>55578240
>>55578589
>inb4 fake screenshot
>chain(dot)link/terms
>CTRL+F: risk of rapid adoption
>results
>same text word by word
Have some self decency at least fags

>> No.55578687
File: 9 KB, 236x291, gil.jpg [View same] [iqdb] [saucenao] [google]
55578687

>>55578470
>They wont have a choice
indeed

>> No.55578706

>>55578621
like clockwork
holy fucking shit

>> No.55578719

>>55578706
Everytime

>> No.55578721

>>55578170
ok i'll look into it after work, thanks

>> No.55578737

>>55578136
you're unhinged

>> No.55578847

>>55578343
>big news for XRP (or any other alt)
>Bitcoin pumps along

>big news for Link
>Bitcoin dumps

>> No.55579035

>>55578669
They're talking about a different screenshot you absolute retard

>> No.55579053
File: 41 KB, 564x563, 1625524118823.png [View same] [iqdb] [saucenao] [google]
55579053

holy KEK its fucking OVER for stinkies. after all is said and done your shitcoin json parser truly cant be worth more than a cup of focffee!

>> No.55579062

>>55577749
So they finally talk about price and the issue is that they don’t want price to rise?!!! Are they the fucking ones dumping btc to stop any pumps? This better be the hiding strategy

>> No.55579100

>>55579062
>Are they the fucking ones dumping btc to stop any pumps?
Yes. And they will dump as much as necessary to keep the price around a cup of coffee. at BEST link can be like $20, the price of a gourmet coffee drink in an expensive area :}

>> No.55579141

>ccip suprise release without prior annoucement
>celsius stack starts moving
>btc dumps
God damn, luckily I only own a bit, this shit could turn you schizophrenic

>> No.55579220
File: 134 KB, 640x544, 1678903455778426.jpg [View same] [iqdb] [saucenao] [google]
55579220

>>55577732
>that rapid adoption could lead to increased price of link token
So they're saying that the LINK token will rise in value due to the efforts of Chainlink labs? Sounds like an unregistered security to me.

>> No.55579234
File: 59 KB, 655x527, glassesfrog.jpg [View same] [iqdb] [saucenao] [google]
55579234

>>55579220
"Could," not "will"

>> No.55579258
File: 221 KB, 838x383, 1673267707188983.png [View same] [iqdb] [saucenao] [google]
55579258

>>55579220

>> No.55579275

>>55579100
You keep repeating this. But have you seen the size of Sergays coffee cup?

>> No.55579295

>>55577732
Is this your first time reading a TOS of anything at all

>> No.55579310

>>55579258
>entirely outside of our control
>is in close contact with SWIFT and the other major players who are supposed to make up 90% of the volume, even delaying the release of the product at their request
Still sounds like a security to me

>> No.55579339

>>55579310
You tried

>> No.55579434

>>55577732
Most bullish possible scenario is chainlink rivals can fuck with chainlink by buying the shit out of token to moon and so damage the network. So Bulgarians will moon our bags maybe

>> No.55580081

>>55579434
i think the team included something like this to cover their asses. in this scenario, due to link having 18 decimal places, every single link circulating would have to be locked in staking and consumers would have no link to purchase. that is so far down the road, i can't imagine the need to even talk about it. even if link were to hit 1k eoy meme, you could still buy pennies worth of it.

>> No.55580246

>>55578589
the whitepaper V1 was changed in that part because it would make chainlink a security (price predictions). it was in the original white paper.

>> No.55581462

>>55578003
0.0000000000001 link can be the price of a cup of coffee. What don't you get?