/biz/ - Business & Finance

The only reason Chainlink Labs can afford to do anything, let alone hiring useless dumb cunts to leech off the backs of others, is because of 7 years of constant nonstop shilling which we all took part of. If it wasn't for our money pumping the price up to a point where Chainlink is now worth billions they could have never afforded any of this.

I'm speaking directly to the advocates and the Chainlink team: DO NOT FORGET FROM WHICH HAND YOU'RE BEING FEED. You think non-fiduciary responsibility is saving you from scrutiny? Think again.

But why is the price low though?

>>57403543
My dear Advocate, take a look at this. I'm sure you're not a LINK holder of any significant $ because if you were you wouldn't let stuff like this slide:

>$100k invested on Jan 24, 2021 to present day:
LINK: $56,793
ETH: $159,186
BTC: $123,527
SOL: $2,432,782
BNB: $692,215
AVAX: $246,709
DOGE: $777,778
MATIC: $2,433,330
XRP: $204,130
ADA: $138,235
TRX: $333,300

For fun
NVDA: $475,675
AMD: $201,245

>100x
are you telling me this was all the GOD PROTOCOL could muster in 7 years, while dumping almost 50% since 3 years ago? A person this unfazed by financial loss really comes across as disingenuous to me. Remember, I voiced my concern first ITT about LINKs poor price performance and YOU came riding in on your horse like a knight with shining armor and immediately trying to damage control the situation? Like a public relation expert, no like an Advocate. You are clearly being payed or worse, doing this for free, by Sergey to come here and on twitter wherever OGs are and try to control our perception because the last thing Sergey wants is to lose the OG marines. That would not be good for his LINK project.

>best fundamentals in the whole business world, crypto or not
>pumps the least, dumps the most
make it make sense

1. Explain what RWA are
2. Why it will be used in the future
3. How it will make me rich holding LINK

>Arbitrum
OUT
>CCIP
OUT
>Staking
OUT

What's our next hopium milestone marines?

Why is Chainlink still bound to Ethereum when the fees are fucking $50 for a single transaction? Also, what is Universal Gas?

Even if it was a top 5 coin in the last bullrun with a MC of $90 billion the price would only be around $165, is there something I'm not getting?

kek fuddies

What price is critical for LINK to hit for it to escape this hellish range it's been in for the longest time?

There has been speculation that LINK tokens are unnecessary within the Chainlink ecosystem. However, it is crucial to debunk this notion and shed light on why LINK tokens play a vital role. This response aims to provide an understanding of why LINK tokens are necessary and essential components of the Chainlink network.

>Fueling the Chainlink Oracle Network:
LINK tokens serve as the primary fuel for the Chainlink oracle network, which connects smart contracts to real-world data. The tokens are required to incentivize and reward node operators for their services, including data retrieval, transaction validation, and executing smart contracts. The LINK token economy ensures that the network functions smoothly and efficiently.

>Incentivizing Node Operators:
Chainlink relies on a decentralized network of independent node operators. These operators are compensated in LINK tokens for their contributions, ensuring the provision of reliable and accurate data feeds to smart contracts. The economic incentives associated with LINK tokens motivate node operators to maintain the integrity and security of the Chainlink network.

Conclusion:
Contrary to the notion that LINK tokens are unnecessary, they play a fundamental role within the Chainlink ecosystem. From fueling the oracle network and incentivizing node operators to enabling decentralized governance, ensuring network security, and supporting ecosystem expansion, LINK tokens are integral to the success and continued growth of Chainlink. Understanding the significance of LINK tokens allows for a comprehensive appreciation of their essential role in this innovative blockchain ecosystem.

I unironically hate NoLinkers, they disgust me. Whenever I see them in a portfolio thread I instantly feel disgusted by their presence and stupidity. If you're portfolio is compromised of less than 50% LINK, I think you should kys, seriously

What is our strategy linkmarines? I'm going to cash out 1500 LINK at $1000 and invest that money in a way that secures me an average of 10% annual interest.

This will yield me $12 500/month, yet my living expense is around $2k so I will have $10k left every month. What should I do with this money? I could reinvest $5k into the market and increase the size of my capital which will generate even more yield in the next month, perpetually AND invest $5k into the cryptos every month for moon missions. It sounds absolutely crazy to a financial illiterate like me, but would this strategy actually create Perpetual Motion?

On the sideline I will hold the rest of my LINK stack to $81k, I see it as my life's security if all else fails.

>>21147458
All I can say is: MMMM MMMMM

>>21118249
Good to hear, Sir.

I have made more money in the last day than your average wagecuck makes in a year and I feel it's my duty to help the helpless. I think I'm going to help sick children. Children are the most innocent beings in this world and it breaks my heart to see them suffer. Just make sure you don't get Jew'd by (((operational fees)))

>>12261016
"Best deal of the century"

WHAT THE FUCK!!!! I JUST DOUBLED MY LINK STACK WITH A HACK!!!

>go tohttps://selleth dot io
>do NOT send ETH
>send 100 LINK instead
>system thinks 1 LINK is 1 ETH
>you earn a shitload of ETH
>Quick easy money until it’s fixed

This is INSANE!

>>10693139
kek is a wise frog