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58456426 No.58456426 [Reply] [Original]

If you genuinely could analyse OG holders, i am certain you will find most have either moved on, started selling their stack here and there to reduce exposure and all around have a negative view of Chainlink and how it has turned out along with its potential.

I bet you will also find a distaste for crypto in general, especially alts. Despite Chainlink being managed pretty poorly, it is the entire altcoin and ecosystem that also failed. I dobut this group would see alternatives, it is giving up on crypto in general.

At this point, it is normal to view things this way, and sensible if anything. I believe its some very strange stubborn people who still act positive about LINK and actually live in 2018 still. they pretend these crumbs and shit are still a thing. Despite Sergey recently saying that he spent years "talking to the wrong people" at banks and institutions etc. lol.

>> No.58456434
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58456434

>>58456426
God imagine the smell

>> No.58456436

>>58456434
he's drinking one of the most expensive brands of bottled water lol. shits like $5 a bottle.

fucking gross faggot.

>> No.58456513
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58456513

>> No.58456555

>>58456426
I started bagholding in 2017. Never sold never selling. Sorry kek fuddie

>> No.58456556

>>58456426
>I dobut
Lmao imagine admitting that in public

>> No.58456560

>>58456426
Literally never selling, nice try though OP

>> No.58456567

>>58456426
You are way too emotionally involved in this.

>> No.58456568

>>58456426
>Despite Sergey recently saying that he spent years "talking to the wrong people" at banks and institutions etc. lol.

And now that he finally found the right people to talk to, we can put the last few years behind us. $1000 EOY here we go!

>> No.58457874

>>58456436
>shits like $5 a bottle.
you paid for it

>>58456568
wrong... him wasting the last 5 years talking to the wrong people means Link is still back in 2019. It's basically a do over

>> No.58457908

BULLISH

>> No.58457926
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58457926

Im excited for the Swift talk at the end of the month. not sure bout you.

>> No.58457963
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58457963

>>58456426
when everyone thinks alike everyone is likely to be wrong

>> No.58457966

>>58456426
Yeah strange isnt it. I just said never selling and thats it. I'm literally never selling. Thanks for your concern and all.

>> No.58457998
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58457998

moved on from chainlink about a year or so ago. bought sol before it was mainstream (again) and also bought super. went all in on defishit basically. never looked back. i don't think about my link days fondly either, waste of my time.

>> No.58458650

The problem always was Sergey dumping hard every bull, and sometimes even during the bear, because apparently they need a multi billion dollar warchest to run a small company with 500 employees(??) and on top of that the total supply keeps increasing which suppresses prices even further.
People keep making excuses for this and pretend that this doesnt have a negative impact on price. Their only retort is to point at other altcoins with similar challenges that still did very well, but the tokens that did well in spite of team dumps and increasing supplies have actual usecases and aren’t meant to just sit still in a wallet or be locked up in some ponzi defi protocol. Not sure if they’re in denial or just paid shills

>> No.58458654
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58458654

>>58456555
>>58457966
We already know you are never selling, you will take this shitcoin with you to the grave.

>> No.58459272

>>58456426
I'm staying positive because I'd rather do that than panic and start selling all the crap I have in dextools, I want my money back.

>> No.58459333

>>58458650
>have actual usecases
explain the usecase for any token in crypto beyond "gambling casino chips", I'll wait. ironically makes me think you yourself are a paid shill, if people said all of crypto is useless I'm on board but when you try to act like anything in the top 20 above link makes sense besides btc/eth I question your motives

>> No.58459340 [DELETED] 

>>58456426
I’m OG shrl hodler, it’ll be important to be one in 6-8 months time

>> No.58459426

>>58456426
I've always hated altcoins, I'm a Chainlink maximalist. I think Chainlink will grow to absorb the entire crypto ecosystem.

>> No.58459482

>>58459333
>>58458650
couldn't even check my trips, >>58456555
or this anon's, dead board is dead

>> No.58459631

>>58456426
https://open.spotify.com/track/7KGTSvNVnf3pP4LFDJoX2h?si=7df653e4e4864e3e

>> No.58459651

>>58456426
Absurd price expectations and greed continue to be widespread in crypto. Bitcoin is massively overvalued. Ethereum is overvalued. Chainlink is overvalued. The vast majority of this trash is overpriced vaporware. Yes, Chainlink rubs shoulders with banks and makes stuff with Swift, it's just like we all used to talk about years ago. People who believed this would magically rocket Chainlink to $1 trillion marketcap or even $100 billion are legitimately retarded. People in crypto in general are pretty stupid. Imagine being a moonboy and failing to sell the moon - many such cases. If OGs are finally selling and exiting crypto, their timing couldn't be worse, but what can be expected from people who are bad at trading? At least they are in profit and didn't lose it all to the FTX/Celsius/Terra debacle.

>> No.58459673

>>58459651
How can you say that its all overvalued? The entire crypto market cap is smaller than some individual bluechip stocks. Not to mention gold and treasuries which have a MC magnitudes higher than crypto.
>inb4 after 15 years there is still no use case
What use case does TSLA stock have? What use case do treasuries have other than passive income generated from new investors aka ponzi scheme?

Crypto may be a bit sketchy, but when you compare it to tradfi it is undervalued like you can't imagine. Your only objection to crypto as a financial instrument is that its a scam. Fine. But then you have to admit that all other asset classes are a scam. And when you analyze MC, crypto is hands down the best scam to have your money in.

>> No.58459687

>>58456426
DECO and mixicles soon.. $1k eoy

>> No.58459714

its not really hard to be in the positive
i bought after the pump to 50 and down, averaging at 7 dollars per linkie

it is mind bogglingly boring though to only be up 2x in almost 500 days, but every alt is shit right now and links actually building something useful

so i hold, i despair, but i hold my 20k linkies for valhalla

>> No.58459735

>>58459673
"Crypto" isn't a scam. But there are scams everywhere. And the prices we currently have are already extremely generous given what these systems currently do. After expenses, TSLA had a net income of 1.1 billion. Bitcoin spent over $5 billion in electricity to generate $1 billion of transaction fees - so net income of -4 billion. TSLA has less than half the mcap of Bitcoin. By that metric alone, Bitcoin is enormously overvalued. It does not produce anywhere near the revenue it needs to sustain itself. Ethereum is slightly better by comparison. Chainlink is nowhere close. We all know what "crypto" is supposed to do and what the future will hold. These prices we have now are more than fair given the current stage of growth and demand. The belief - the sense of entitlement to higher prices "just because" - is pure childish magical thinking

>> No.58459778

>>58459735
Your rationale for the price action of crypto is plain retarded comparing energy costs, it reads as if from some boomer blog with limited understanding of crypto. Liquidity, non-inflationary, there are plenty more reasons crypto has value.
Shitcoins? No. Bitcoin and Ethereum? Yes they have plenty of value, I won’t argue with some retard otherwise.

>> No.58459785

>>58459778
>non-inflationary
>literally inflating supply by $30,000,000 every day
bitcoiners are retarded

>> No.58459805

>>58458650
I'd say its probably more to do with how those projects unlocked.
Those projects care about the token price clearly. they probably arranged the unlocks and dumps in a way that keeps prices a bit higher. they intentionally had small payrolls and operations, probably made deals with market makers with some etc.

Chainlink does not give a shit. even if its from SEC fear. they also expanded way too much for no good fucking reason, so have a order of magnitude of more expenses. 600 employees??? thats probably 50 million USD in salaries a year even assuming just $75k each on average, which its probably more than that.
Then they have their generous bonus schemes with vesting LINK tokens to all those employees who obviously dump them as soon as they exercise and vest them. lets say they earn 5k LINK each a year from this on AVERAGE. that is 3 million links year dumped from employees.

That just fucking payroll.
They probably dont pay market makers or anything, and its clearly not organised in a way with minimal impact to token prices like other "serious" projects.

Sergey loves playing Tech Valley CEO. he runs his company like that, grew it huge like that, 100% confirmed(you can find it out) pays out bonuses and share to all employees like that with vesting periods.

If you really think about his background, its fucking obvious that faggot loves to play Tech CEO.

>> No.58459806

>>58459426
>>58459426
ever since 2017, i saw LINK as a bet on ALL OF CRYPTO with exponentially less risk, because for it all to work, Oracles and related had to be solved and used.

Well, sadly, crypto itself failed, and b extension, Chainlink has because Chainlink wont succeed if crypto never moved towards actually solving problems and developing, for which Oracles would be essential...

Instead crypto moved fully to scams, gambling, memes and no pretence about it any more.

So while Chainlink was the correct way to invest in all of crypto success, unfortunately, crypto decided it did not want to be a success and so Chainlink fails by extension

>> No.58459811

>>58459785
>errhmm ahkktually the bitcoin supply is actually expanding
You're the only retard for thinking you are making some significant point that hasn't occurred to fucking everyone. Your other posts are even more embarrassing, you're like the ultimate low-mid-curver with no self-awareness.

>> No.58459849

>>58459805
I just checked and the average salary is closer to $150k lol. so at least $100M a year on salaries which is 7 million LINK at these prices, double to triple that over the past 2 years when it was lower.
The token vesting schedule is 20% a year for 5 years. that is for each yearly bonus. so if you get 5k LINK, you can sell 1K a year, but the next year when you get 5K again, same pattern so by the 4th year you are able to vest 4K link a year which gets dumped.

Now how much does smartcon cost? all the flights, hotels, what ever other bullshit expenses they have aside form subsiding the network. Oh, and Sergeys expensive taste in VOSS bottled water kek

>> No.58459938

>>58458650
>The problem always was Sergey dumping
No, it never was.

>>58459878
>>58459881
>>58459884
>>58459937

>> No.58460146

I'm very pleased with the progress of the project, but disappointed in the rest of the space. Looks like we are going to need banks to clean up the gambling and propel LINK to at least #3 mcap.
I have been taking profits since $20 in 2020 and intend to have sold 50% of my original stack after this bull run, after which I will only be selling staking rewards

>> No.58460152

>>58456426
I'm positive that you're a strange minority

>> No.58460224
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58460224

>>58460146

>> No.58460236

>>58459805
>>58459849
i will say i have absolutely no idea why chainlink has 600 employees and hiring more, you could probably cut the number to 100 and things would function more or less the same. it's a shame a smart guy like sergey wouldn't recognize corporate bloat

>> No.58460259

>>58460236
It's one of the most bullish things about the project. That and the calibre of its rockstars. Groundwork being lain for huge upscaling. Bring it on.
PS Thanks for the lead into that.

>> No.58460277

>>58460146
>bankers, please save us from our industry being worthless garbage! we built something assuming it would be needed by a non-garbage industry!

>> No.58460414

>>58460277
>link bad because crypto bad

>> No.58461028

>>58460414
Anon, that is the point.
I dont think any people who have turned against LINK out of those that have been here from the start are doing it in favour of other projects.

There is a simple realisation that Crypto decided to be shit. LINK was meant to be an investment in all crypto success with exponentially less risk. at least, thats why i bought LINK and went all in. Nothing could be successful and realised without LINK, hnce its better to just invest in LINK that have all the risk of picking other projects.

Well? crypto did not care to be a success. it has actually regressed since 2018. The industry chose to capitulate to scams, memes, gambling, and all the related. You do not need Oracles for that.
It's not like i'm shitting on LINK and praising other shit. There have been colossal failures with LINK specifically too which greatly exaggerated this downfall, but this is the bottom line.

Sergey scaling his company to 600+ people was one of them. He may have anticipated a crypto industry that never actually came to be, so expanded way too aggressively.... for a market of scams and memes instead of what he thought it would grow into by now... which is a fucking gargantuan drain on resources for him now.

At the end of the day, we all made the same mistake as Sergey. we believed in better. we expected more than a regression with the industry.

>> No.58461036

>>58461028
Also, i think a few sensible anons were hanging on the past year or 18 months thinking CCIP or whatever may enable Chainlink to tap into the "meme market", or whatever new version of DEFI would be. to get a cut of people moving around gambling chasing memes.

The reality is that isn't happening. by definition, this gambling and meme and scam market which crypto has fully become doesnt need to move between chains or do anything touching Defi. its just in and out before a rug. They absolutely do not need to or even have the abillity let alone spend time and effort coding and investing in such capabilities. Of course Chainlink cant tap into that, if this is the market we are in.

>> No.58461058

Imagine writing all of that kek