/biz/ - Business & Finance

[Anonymous No.58915901]

just a coincidence haha
whoa that's crazy haha

>chainlink ticker link powers future of finance in hong kong
>price is dumping

[Anonymous No.58915930]

When will you faggots finally understand that Sergey has engineered this in such a way that the token price is completely irrelevant to anything to do with the network - he’s engineered this to have absolutely no demand at all intrinsically but massive sale pressures instead as its purely used to pay nodes from a massive uncirculated supply then dumped, or dumped directly to pay CLL operation costs which are massive and the largest of any blockchain project by orders of magnitude(thats just payroll alone).

Speculators have left, so there is no means for the token to actually pump anymore. It doesn’t matter what kind of jews or breadcrumbs or “usage” is implied or whatever: the token is completely decoupled from the network.
Look at it this way: you have CLL, the token, and the network. These are three independent entities. You’d be forgive for treating them as one thing. Sergey has engineered this to be the case.
The network doesn’t have any intrinsic demand or need for the token, as Sergey has not engineered any(you can pay in anything and they’ll keep profit and then pay nodes from non-circulating link).
You then have the token itself, which serves as nothing but a means of funding CLL and paying nodes who sell it after receiving it from a massive supply which never need to be purchased first(no buy pressure baked in).

Finally, you have Chainlink labs, a LTD for profit corporation with sole control over the network and all developments. They use the network to create profits, opting for not baking in and building intrinsic demands for it. This would easily be done if they wanted but they dont want to.

The network could be very decentralised by now. Anyone could launch a contract, set up dons, and have uncirculated supply distributed to nodes at a low rate set by CLL to perhaps match gas costs for anyone, but also requires anyone to but link to pay the link fee part. There could be hundreds of such contracts by now and god knows how many dons.

[Anonymous No.58915933]

>>OP
this correlates with the coordinated whale shorts opened on avax and link a few weeks back

I can understand HSBC trying to accumulate cheap before dumping on Hong Kong retail. but are these guys connected to Cornell? I knew avax was popular in Asia, but I never heard about chainlink having Asian connections.

[Anonymous No.58915938]

>>OP
nice collage anon. Unfortunately there is no new money flowing into alt coins currently. If the market was less unsophisticated, news like this would get priced in much more. unfortunately our peers are retards. Thankfully that will slowly change as smarter money enters.

[Anonymous No.58915940]

>>58915930
The bad performing ones dont get used much and CLL could serves as a means to give out reputation early on while the non-corculated supply is being doled out to prevent abuse.

However instead we have a fat fuck who got greedy, turned the non-circulated supply into his piggybank, decided to play big shot CEO and employee 700 people on large uncompetitive salaries, deliberately not engineer any demand for the token as it makes draining it for himself easier.
CLL wouldn’t need anywhere close to this number of employees and the operating costs would he dramatically lower if they operated it in such a way. 7 fucking years and not even a hint they are going towards decentralising it and using the funds to bootstrap properly. Not even a hint. Dumping a billion worth a year to not have it even close.

Sergey has molested the original vision and what could be as he’s greedy. Hes a fat shit who ha got even fatter, and is basically a liar. He’s turned the “boot strapping” funds into a personal account so he can play mr bug ceo with 700 employees. He is not interested in actually making it decentralised and giving the token demand because he doesn’t need to with all the funds available to him, and it would be too much work and less lucrative for him if it didn’t go perfectly or took a decade. Easier to have hundreds of millions of tokens at your disposal as long as they are worth more than $3 each or so.

So none of this matters, it wont pump it, it cant pump it and your an idiot for not realising this

[Anonymous No.58915941]

While I understand your request, it's important to clarify that Chainlink, launched in 2017, does not have a 100-year historical performance to analyze comprehensively. However, significant events like the 2020 DeFi boom, where Chainlink's role as a decentralized oracle network became prominent, influenced its price positively. Despite this, its volatility has been stark, with price fluctuations ranging from less than $0.20 to over $50 within short time frames, reflecting a high-risk profile. When compared to established cryptocurrencies like Bitcoin and Ethereum, or even some stable returns from traditional assets like stocks or bonds, Chainlink has shown less consistent growth, particularly when assessed over a multi-year horizon. Factors contributing to a negative investment outlook include a crowded oracle market with growing competition, reliance on the broader Ethereum ecosystem, and regulatory uncertainties that challenge the adoption of blockchain technologies. Investors should weigh these risks carefully against potential rewards.

[Anonymous No.58915946]

>>58915930
>>58915940
did not read lmao

[Anonymous No.58915951]

Sergey is much more interested in flying around meeting bankers, low level government employees, forcing POCs so he can associate with people he deems high status. He wants to feel like a real CEO or some large tech company.

If he treated the network as i mentioned already, his role would be much smaller, more like w foundation nurture the growth of its network and if it succeeded organically these corporations would use it and do POCs without him forcing them or ever getting involved. However he’d be more like Vitalik or BTc devs. Not mixing with the status he wants. Wouldn’t get to play mr ceo of 700 people. Would not be flying around meeting the people he wants to play with and feel high status.

He’s absolutely not interested and probably never was: he just never expected to get so much cash from the token so early to realise what he really wanted and is doing now

[Anonymous No.58915952]

>>58915951
yup. sergey craves status. he's like a school girl who wants the "cool kids" to like her

[Anonymous No.58915961]

>>OP

[Anonymous No.58915986]

>>58915930
The token is only needed for the transferandcall function and there is no lower bound on the amount of tokens required to use transferandcall. Since the token has 18 decimals, contract users could "pay" a DON 0.000000000000000001 LINK times the number of nodes in the DON to deliver the data payload of each call, while paying them outside the purview of the on chain oracle contract.
What's more, the network has so far proven that you don't need to stake LINK in order to assure individual nodes (and therefore DONs) faithfully transmit data, but if ever they needed to put up collateral, they could easily use other tokens.

[Anonymous No.58916005]

>>58915930
whoa thats really crazy haha
so crazy how this only applies to link but not other tokens haha

[Anonymous No.58916009]

>>58916005
it's basically XRP 2.0
haha crazy, I know

[Anonymous No.58916015]

>>58915946
Same

[Anonymous No.58916027]

>>58915946
Me neither, I did just buy one (1) Link token though.

[Anonymous No.58916030]

>>58915986
Yeah, this is true, there are various ways to look at it. However my point is simply that all this is a by-product of how Sergey hs engineered the network. It could be completely different, have hard required LINK payments, all the things i mentioned.

As it stands, dons only care about getting their subsidy from sergey. They just do whatever he requires them to do, and unfortunately his requirement is the end result of engineering the network as it is and no demand for the token, no real decentralised network.

The things you stated are true due to that but wouldn’t have to be if Sergey actually gave a fuck. Building a decentralised oracle network is hard, even if you boot-strap it properly more like block reward than hand picked gibs list as is. Chainlink could have only a role in dishing out reputation, which although would be centralised it’d be far more decentralised than their current role. Once the pre-mine bootstrapping funds had all been dished out as rewards to dons and contracts anyone could set up, the reputation would become autonomous with no need for them to set it anymore as the network would be mature and there wouldn’t be pre-mine funds to get from gaming it wt that point.


As it is now, you dont need them to stake link to get them to behave exactly because they just do what sergey wants and get the gibs or dont and wont get them. Thats the shitty way hes engineered it becomes its easier for him, he can drag it along for over a decade and drain the pre-mine this way.

Point is all these issues which are correct are simply by-product of the fatfuck not even trying to make this a real decentralised oracle network. I cant believe how many retards tht been here from dayone have had the wool pulled over their eyes on this. Sergeys constant pivoting and betrayal is obvious but they suck his shit up. Staking in its current form is USELESS and only inflates supply and was done only to keep baggies selling. It serves absolutely no purpose.

[Anonymous No.58916044]

>>58916030
Hello there fudster. Just to show you how pointless your job is. Here’s the proof that I just bought one (1) Link (ticker: LINK) token.

[Anonymous No.58916048]

>>OP
Link token does not equal an investment in the company chainlink labs. The token is only for build airdrops

[Anonymous No.58916232]

>>58915930
>the token price is completely irrelevant to anything to do with the network
Same with any crypto.
Bitcoin and Ethereum worked absolutely fine when the price was just a few cents.

[Anonymous No.58916504]

>>58916048
And for securing decentralized oracle nodes, which is the prime purpose of LINK as a protocol, with all nodes being paid in LINK or fees being required to be converted to LINK and then paid to stakers for putting up their own LINK as collateral. The more valuable the token, the easier this gets and the less LINK you need. This will be important in ten years when 99% of world trade and derivatives are tokenized and secured by LINK. 1 Joule will = $1 at some point.

[Anonymous No.58916581]

Do I buy AVAX? I haven't bought into the settlement meme for years because I've been a link maxi, but it always seems like AVAX is sneaking in to these institutional adoption signals with almost no fanfare, and the price is still fairly low.
Do I diversify out into a bit of Emin coin?

[Anonymous No.58916596]

>>OP
>tfw have 3 months to accumulate before link price explodes
>still will barely be worth anything because poorshit
It's so over

[Anonymous No.58916643]

>>OP
https://youtu.be/EnGiGeNYciM?si=RqWiI_uH0gRSNlYB

[Anonymous No.58916815]

>buy the news
When will stinktards realize that they were supposed to buy in 2019 and sell in 2021 during the wild speculation phase? Link news today in current year isn't going to move the price. Also, this chink looks like Ari.

[Anonymous No.58916818]

Chainlink does nothing that ICP can't

[Anonymous No.58916872]

>>58916581
Better have MBM if you want easy profit anon. be a richfag right now.

https://dexscreener.com/solana/drabjbk3eh8f6shq1fnyhxffc9nk1t8z6daabsfokeyj

[Anonymous No.58916912]

>>OP
>>58915940
>>58915941
>>58915951
>>58915986
>>58916030
the more of these walls of text that fudders dedicate all their time to composing, the less likely anyone is to sell. no fucking way i'd sell with this much co-ordinated fudding going on. pretty damn obvious Link is the one.
buying more this weekend. stakemaxxed already.

[Anonymous No.58917034]

>>58916912
good, no one really cares though, so keep mass-quoting the fudders until someone acknowledges you

[Anonymous No.58917038]

>>58917034
>no one really cares though
was my point

[Anonymous No.58917081]

>>58915933
> but I never heard about chainlink having Asian connections.
then you arent paying attention.
their stock market has been experimenting with tokenization (via LINK for years)

>>58915930
>>58915940
>>58915951
holy shit you write so much to say nothing

[Anonymous No.58917082]

>>58917038
so you had no point

[Anonymous No.58917090]

>>58917081
I'm afraid you haven't been paying attention, because all of Chainlink's experimentations always end up as nothinburgers
>lalalala I'm not reading all that holy shit durr derp it's nothing!
what was the point of you mass-quoting effortposts and simply dismissing them with one liners? if you're going to do that, why not ignore them entirely? do you actually think anyone's getting convinced by this?
kek

[Anonymous No.58917116]

>>58915930
look at this nigger type out his whole head canon like it means anything at all. seriously, if you spend this much time fudding your own bags, you have much bigger problems to worry about. and if you believe anything you spent the time to type, you're just retarded. i started to respond point-by-point, but said fuck this once i realized i'd rather you stay retarded.

>>58915986
literal mouth-breather take. why would NOPs and DONs undermine their own interests? why wouldn't they want the token to be more expensive? the higher the price, the more contracts they can collateralize. that would be like a company only accepting BTC for services and someone saying "but they could always accept one sat for the service and get paid in fiat under the table!" why the fuck would a business that expressly advertises acceptance of only one form of payment then undermine that very form of payment?

[Anonymous No.58917122]

>>58917082
no one cares for the fud. makes zero difference. pool closed, no one sells, no one cares. we all know what we hold. capeesh?
jeez they're not sending their best today lol

[Anonymous No.58917132]

>>58917116
>you're a nigger you're a retard
>I-I would respond point-by-point, but fuck you you're a retard lol
wow
>>58917122
>no one cares
but you do care, a lot

[Anonymous No.58917134]

>>58917116
>why the fuck would a business that expressly advertises acceptance of only one form of payment then undermine that very form of payment?
because he says so and if we don't believe him we're stupid. if we're really clever and bright we'll market sell all our Link right away. i think that's his answer

[Anonymous No.58917143]

>>58917132
i care a lot for Link. no one cares for your fud.
did you lose most of your stack on Bancor, Celsius and Linkpool?
Bet you did and if so... HAHAHAHAHAHAHA you retard serves you right for being a mean, greedy little man (which you are)

[Anonymous No.58917152]

>>58917143
but you do care for the fud, that's why you always mass-quote fudders and keep engaging with their threads
>projection
no, but a lot of people did, thanks to Chainlink promoting and working with them
what was your point again here?
>you're a retard you're greedy blahblah reeee
holy fuck you people are genuinely psychotic and you probably don't even realize it

[Anonymous No.58917170]

>>58917152
You see, the reason you lost it was because you're mean and greedy and so gambled. God knows you're that sort and does not approve, so he lay that temptation in your path, and you fell for it hook, line and sinker. Look at you now, you're like Gollum or something, lost in your own misery, trying to do to others what happened to you because you're still mean and greedy and haven't learned a thing. That's how karma works. You deserve it and no one is selling. you lost. you'll never get it back. how does it feel?

[Anonymous No.58917180]

>>58917170
>you see, the reason you lost it
stopped reading right there, I'm not your target audience pal
whatever you're saying right now doesn't even get through me, I would suggest changing your attack angle
>no one is selling
but somebody is selling, a lot. how else do you explain the 4 year downtrend against the broader market?

[Anonymous No.58917181]

>>58917132
>you're a retard if you don't put in the effort to make me less retarded!
see, if you or your ilk were acting in good faith, i would.

[Anonymous No.58917187]

>>58917180
>stopped reading right there
oh, i know you read it. we all know you read it
>somebody is selling
it's no one from here, i guarantee you that.
what made you like this? was it something in your childhood? did your mother not love you?

[Anonymous No.58917192]

>>58917180
>how else do you explain the 4 year downtrend against the broader market
i would explain it as "the market" consisting of people like you while the LINK network is still in its infancy. i would tell you that the token is still completely within the territory of speculation, as the supply hasn't been completely diluted yet and network usage has not ramped up to allow supply/demand dynamics to create actual price discovery. but no, go put your money in memecoins.

[Anonymous No.58917205]

>>58917181
if anyone's acting in bad faith, it is your ilk
your ilk was literally flat out telling to anons that swapping their LINK for BTC was "evil", about six months ago
>>58917187
frankly you're boring
>>58917192
>market participants are retarded like you (me)
>we're still early
cool, in investing, being extremely early also means being wrong

[Anonymous No.58917225]

>>58917205
>your ilk was literally flat out telling to anons that swapping their LINK for BTC was "evil", about six months ago
Imagine getting triggered this hard by shitcoin shills on fucking /biz/

[Anonymous No.58917228]

>>58917225
imagine getting triggered this hard by shitcoin fudsters on fucking /biz/
???
do you people even listen to yourself?

[Anonymous No.58917229]

>>58917228
calm down

[Anonymous No.58917232]

>>58917229
I am serene, anon, take your own advice and stop getting triggered, it's only fud!

[Anonymous No.58917292]

>>58917205
>frankly you're boring
i don't find you interesting, either. you're like an annoying fly. and you never answeredso i'll ask again. what made you like this? was it something in your childhood? did your mother not love you?

[Anonymous No.58917407]

fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you

[Anonymous No.58917408]

>>58917292
stop engaging himmrm00

[Anonymous No.58917413]

>>58917407
hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink hate stink

[Anonymous No.58917415]

>>58917408
no. i like speaking the truth. no one behaves like these people unless they have an issue and often it'll stem from childhood. combined with his probably losing a lot of his stack, it's a recipe for the behaviour he exploits. he seems to have gone quiet. coincidence, maybe?

[Anonymous No.58917508]

>>58917415
But when you feed him attention he sticks around. Sure he’ll eventually kill himself, but that takes too long. And meanwhile I have to waste 5 seconds of my valuable life to filter him.

[Anonymous No.58917532]

>>58917508
>when you feed him attention he sticks around
where is he, then? i strongly suspect you're him but it matters not. i want him back so i can mock him further

[Anonymous No.58917590]

>>58917116
>why wouldn't they want the token to be more expensive? the higher the price, the more contracts they can collateralize.

>he thinks they're ever going to implement slashing
shiggy

[Anonymous No.58917606]

>>58916581
Emin and Sergey have been tight since before avax even launched. They're both part of the Cornell mafia after all. I hold both but far more link than avax.

[Anonymous No.58917885]

>give me (You)s
no, and your projection is boring and pathetic
I never touched Bancor and I never lost any stacks
your desperate attempts to mask your massive insecurity are completely transparent, otherwise you wouldn't obsessively seek fudders just to "mock them"
you constantly need validation about your heavy, heavy bags from anonymous strangers, and when you find the opposite of what you seek, you immediately lash out in anger
seriously, what made you like this? kek

[Anonymous No.58917945]

>>58917885
It's that faggot fishy doing paid damage control since the chainshit scam is unravelling in real time and they're realising they ran out of retards to dump on after stringing bagholders along for 7 years
people woke up to the scam

[Anonymous No.58918138]

>>OP
That's cool and all.. token not needed

[Anonymous No.58918149]

>>58917090
Pools closed

[Anonymous No.58918163]

>>58917885
>>58917945
Awh you guys get a lil upset? Don’t worry because everything you do is absolutely pointless anyway. I will NEVER sell my stinkies.

[Anonymous No.58918181]

>>58918163
kek baggie

[Anonymous No.58918761]

THEYRE REALLY RILED UP NOW LOL

BASED LPL CHUDDIE KIDDOS HOW YOU DOING BASED KIDDOS CHUDDIE POOLS FUCKING CLOSED

SEETHE

[Anonymous No.58918778]

i'm not saying that sergey purposefully set this entire operation up to sell worthless tokens to retail, but if he did, he could not have done a better job

[Anonymous No.58918858]

>>58918149
>my sewage pool is closed u can't swim in it neener neener neener

[Anonymous No.58919351]

>>58915930
>>58915940
>>58915951
>>58916030
The real answer. If he wanted to pump to, he could just burn CLL's supply and use link for transactions. Link is a scam, but it'll pump just like XRP did last time. Fuck sergey and his army of liars.
He's going to jail in a few years screencap this.

[Anonymous No.58919399]

>>58917192
Funny how it was able to create price discovery under the same conditions in 2018-2020?

Fucking retard. People woke up you absolutely nigger and nobody is interested anymore. Sergey will deploy a nee contract once he full dilutes. He’s made no effort to use the funds well, decentralise the network with them in 7 years, he wont in 7 more. He’s so secretive about all finances we dont even know how much he pays himself from the dumps.
Either he’ll make more tokens, or sell equity in CLL. Just watch

[Anonymous No.58919409]

it's fucking over for this stupid shitcoin fags

[Anonymous No.58919412]

>>58918858
Thats right NIGÁIR. I just called you a nigger in french.

[Anonymous No.58919663]

>>58916912
You can’t deny a single thing he said, all you can do is screech about muh heckin’ fudders. Pathetic.

[Anonymous No.58919939]

>>58919399
This
They ran out of greater fools, nobody is buying this old busted shitcoin anymore

[Anonymous No.58920927]

Reeem your Chainlink, buy Supra and make fuck

[Anonymous No.58920970]

>>58919409
>>58919663
>>58919939
hey stop seething for a moment and check this out:

POOL IS CLOSED

There, how do you feel after reading that?

[Anonymous No.58921135]

>>58920970
>sewer pool is closed
yeah, traditionally that is what we do with sewage. we close it off so the stink doesn't spread

meanwhile, I'm making more money with my savings account. sure beats dealing with a sketchy token and its sketchy smart contract

[Anonymous No.58922424]

>>58921135
>the grapes are sour anyway!
kek the literal NUCLEAR COPE of this post

[Anonymous No.58922428]

>>58922424
yeah except my grapes are plumper, juicier, and make better wine, stinky. (i literally make more money with my savings account than you do staking)

[Anonymous No.58922430]

>>58922428
>see, THOSE grapes are sour, mine are better
LMAO

[Anonymous No.58922433]

>>58922430
>ignoring facts
whatever makes you feel better, stinky mcgee

[Anonymous No.58922436]

>>58922433
>i'm not seething, i'm just putting out FACTS
here, ready?
P O O L
I S
C L O S E D

F U D N I G G E R

[Anonymous No.58922846]

feel bad for the midwits still getting psyop'd

chainlink will never make an ath. most, if not all, bull posters are paid. memes will continue to outperform every sector for the foreseeable.

buy cult memecoins that experienced at least 2-4 months of sideways price action and havent died. you're welcome

[Anonymous No.58922848]

foreseeable future*

[Anonymous No.58923064]

I am so frustrated with the job hunt post layoff. I have been laid off four times now. No one wants to hear my experience, it’s just depressing and awkward. So I try to you internet strangers. I just want to scream and throw things I am so frustrated with the constant rejection or silence from job postings. My mental health is suffering so much, I am shame spiraling, and I worried about things I never thought of before. Ageism, offshoring, re-skilling, changing careers, can I go into the trades post 40? All I want is job stability. A job I can contribute to and earns a comfortable living. What I have is too much time and the knowledge that I should be providing for my family. Unemployment ended two months ago, savings is all I have to live on. Lord help me if I get sick or have a major catastrophe. In the last six months we have had a sick child spend 9 days in the hospital including a surgery, had the AC go out in my car, had to replace a hot water heater, home ac broke and toilet broke on the same day. I am only wanting to get these off my chest.