/biz/ - Business & Finance

>>22149398
clown world

>>22149398
Supply and market cap that’s it. But yes fuck this it must be binnance manipulating the fucking price desu no reason we’re under $20

People don't want to buy stuff that already mooned.

So overbought if you can't see that you're retarded.

>>22149532
It feels like all of sudden there will be a major breakout but I can’t for the life of me figure out what it can be. All the crumbs are out on the table including arbitrum, deco, fucking ari Jules, icd2020, Oracle, fucking openlaw and MS it’s all out there an the response is 30% down. So what’s possibly left for link

>>22149398
Everything from $5-$20 was the result of inflated Twitter hype, realistically link is still only worth $5 or so.
No adoption or real major uses yet, it'll truly be worth a stable $100 once it gets some more serious backing, probably in a year or two. In the meantime expect deviation anywhere between $4 and $30.

>>22149569
With all this shit on the table how tf is price not going absolutely parabolic right now. Seriously blowing my mind

>>22149618
And if arbitrum hits in movement? Link is the, the only, validator for arbitrum don’t forget

>>22149569
staking left... to be honest its known already...
so i don't understand why it should pump when staking live when its known that its coming live already

>>22149398
Price manipulation by big players coinciding with old marines unloading their bags

>>22149632

Its too literally fatigue and demoralize you. Lol They can fleece new buyers relatively easy but the only people that hold a significant amount of LINK are OGs who understand what they are holding. (((They))) don't want you to have a single fucking LINK. They are also running out of time because within 12 months of staking actually being live the price will be well into 4 digits. LINK tokenomics are a perfect positive feed back loop that will raise the price in the process.

>>22149746
forgot the image

>>22149398
Normies are too stupid to understand, and boomer businesses lack the foresight. It sucks to wait, but enjoy the last 12-24 months of humanity before shit gets wild and 90% of the workforce is replaced.

We're in calm before the storm period. You can see band trying to stay relevant and is only doing so because it's being helped by cz and other chinks to fleece you.
Rugs pulls exist to gather resources to buy the victor of the oracle war (link). Everyone is an expert from the token era of shitcoins (2017 and before) and doesn't understand the new wave of thinking that is upon us.

>>22149398
$100?
It isn't even over $15 right now. Sooner that'll be $14, then $13, then.....you get the picture.

>>22149398
those scams will fall as fast as they have risen. just keep holding and chill, we are all gonna make it.

Link solves the problems that eth pretended to. Vitalik is such a faggot he can't see beyond his own echo box. He loves eth as a closed system for him and his pals. He doesn't want connectivity to the real world because he is not part of it.

Welcome to biz my fine redditors, an upvote for the lot of you!

>>22150003
>He doesn't want connectivity to the real world
hes afraid the real world will ban him like they did his world of warcraft account.

>>22149662
Arbitrum mainnet goes live in Q4. That could potentially be next month. There are other Oracle solutions but no one is doing what Chainlink is doing.

>>22149618
crypto is all about speculation and hype. by the time they achieve real adoption (3-5 years) chainlink will be worth as much as microsoft.

Bro, link was always just a meme to trick redditors and newfags, we all sold at $20. Not sure how you didnt figure it out

Surprised by the loopring incident? Guess who also mentioned loopring recently... Vitalik. If everyone is ganging up on Sergey it explains why Sergey wasn't pleased during the conference. The premier link event and Sergey treated it like another shitcoin/eth type event.
This is how far ahead link are.
>>22150032
>>22150096
Back to discord pls trannirs

>>22149398
CZ

Also we're probably going to have to go it alone for awhile anons
Big partnership only exist it is a cost effective and safe solution. Pray for total anarchy and smart contracts will deliver us from tranny into a new type of tranny. After a while the bars disappear from every cage as you begin to accept them.

>>22149398
sibos 2.0
now with nexo and celsius instead of discord trannies

One think you'll never see from Chainlink is the bullshit BAND pulled today. That have to lie and misrepresent themselves to look better. Chainlink is so far ahead they own the space.

>>22150078
If arbitrum delivers it makes me wonder if these food rug pulls are not an excellent way to clog the eth network which makes everyone desperate for a solution and in comes big Ed to save the day. After all, the only times I've heard sushi and yam mentioned were here and smartcon

>>22150114
>If everyone is ganging up on Sergey it explains why Sergey wasn't pleased during the conference. The premier link event and Sergey treated it like another shitcoin/eth type event.
explain?

>>22150224
Sergey is a philosopher and thinks ahead like really far ahead in terms of the implications of things impacting his vision for link and scs.
Band, loopring, vitalik, cz are probably all a single problem of bad actors to him but bad actors that operate outaide an enforceable reputation system (literally who doesn't care about a tarnished rep and cz and the others are smart enough to use rhetorical tricks to save face).
Sergey also commented recently that there's a lot of misinformation and disinformation out there and I thought he was referring to us and the Reddit disinformation campaign but that's been going on for years.
So it must be this band/loopring bullshit. I'm expecting more of the same from filthy chinks trying to make a few bucks short term.

>>22150216
Look at the catalog here. It's loaded with new farming / ponzis. The clogging will only get worse.

>>22149398
It has a strong market cap. Perhaps the market is not mature enough yet to see the gains you wish to see?

>>22150348
Yes it's a great way to accelerate and benchmark eth in realtime.

>>22149746
I’m an OG my stack is 65k not crazy amount but good. I’d be happy if people made it too why do people say they don’t want a single person getting their links.

>>22150003
Dude eth holders are fucking multi multi Multi millionaires, imagine holding 40-50k erh. Link well not so much

>>22149398
binance manipulation. on one hand its awesome CZ gave us a chance to buy link, but on the other he is manipulating it.

>>22149569
thats all nothing without staking. we need that to break through.

>>22150426
That’s an awesome stack. I have 45k. Wish I had at least 50k.

>>22150465
Man I didn’t have to buy that shit from cz literally bought on eth delta. I hate that piece of shit so much how is that manipulation allowed to fucking exist

>>22149398
There is literally no use for it, and were in a bull market. People would rather throw their money at ponzi schemes with uses than chainlink.

This thread will probably get 404'd, but there's a reason that LINK is only trading in the low two figures.

>>22150463
Crypto tribalism will hopefully disappear as link and other cross chain interoperability middleware become normalized. Also you will be able to seamlessly hedge which may control for volatility somewhat.

>>22150485
Can you pls explain how that’s all nothing without staking. Also wtf why is staking so hard not like it hasn’t been done a thousand times before. Worried about all the hype for staking too feels like it’ll fall flat, the team doesn’t even fucking communicate with us

>>22149398
oh no no no linkies out of the top 5 flipped by literaly who hahaha

>>22149618
$60 end of the month. Faggot.

>>22150555
Wtf. What is polkadot

>>22150502
Are you inside her? Please larp away

>>22150562
Haha dude we can’t even stay above $15 any longer. We’ll just magically 4x? Hahah

>>22150555
Checked.

>>22150555
Yes because chicks own the website and own the exchanges which pump their shitcoins, they can do whatever they want until we glass them.

>>22150465
Chink giveth, and chink taketh

>>22149569
Lmao
> openlaw
> ari juels
Total memes

>>22150606
Yup, just like we did over the last half year. You niggers are fucked!!
>>22150620
Chinks***

>>22150519
I don't know a lot about staking, but what I took away from smartcon is that they really want to do it correctly. They started this research department to think ahead. Jumping the gun to just get a staking solution out to appease people on 4chan is a terrible move.

>>22149569
The market needs to forget that the whole point of smartcon was to sneakily tell us that "staking is harder than we thought and we really hope we can figure it out once we get started"

>>22150620
dot isnt chinks though
its a vc scam ran by the pedo who created solidity and eth with the other pedo, joke is link is the default orakehl

>>22150465
https://medium.com/amber-group/cornering-the-ethereum-fee-market-6513a1efcb6c

>>22150682
Same fucking thing, they work for jews and chinks

>>22150654
Haha I mean literally every crumb is out there guys I can’t possibly see anything coming about that’s really that amazing now, unfortunately we’re in pretty big trouble here

>>22150661
fud. they are buying tech like deco. why the fuck would you if you couldnt create staking. lmfao dumb faggot.

>>22150698
Maybe you should swing then.

>>22150692
This was posted elsewhere earlier what’s the point

Oh so no one's going to tell the truth in this thread, cool. OP, ever heard of 2017? Link is a pos just like Antshares and Dash

>>22150555
How will they cope when YFI flips 3 years in 3 months?

>>22150718
Next pump I’ll sell around 40-50k of my 65k stack and I’ll post proof here. I’m out around 15.75-16 when it happen. Just looking at the chart makes me want to vomit it looks like shit just not sure what happens with the link hype feels sad

>>22150692
biz should go crazy about this, how is it under the radar lol... ari just created his own hobby token in a weekend and it outperformed link in a month, and now he can steal the tokens from his slave students devs and funnel the gains to fund his own "ic3 research" into assassination contracts by underage loli assassins
and despite a x200 its still completely unknown and low mcap
fucking hilarious

>>22150730
>How will they cope when YFI flips 3 years in 3 months?

>>22150519
The 'academic' answer: staking has game theory issues like the drive to centralization that occurs which requires a mature, comprehensive node and financial system to prevent.

The actual answer: they likely don't have the big users onboard to warrant staking, will need to sort out eth congestion first.

>>22150719
the eternal trenchbrain/midwit

>>22150519
i hate nufags but ill quickly explain. you need staking to have features like DECO. if you dont have staking, theres no penalization if you have wrong data. chainlink staking is more complex then the other shitcoins baisc staking features. obviously youre new because you dont know the teams whole thing is radio silence while they are producing a top notch product. nufag.

>>22150730
> How will they cope when YFI flips 3 years in 3 months?!

>>22150794
This. This is why they're stress testing the eth network with food. They're feeding it to see what happens and where problems appear. Last time it was acute. This time it is chronic.

>>22149569
>what’s possibly left for link
Something proprietary
A business model that makes sense

>>22149569
Sept 7th Labor day

>>22150463
Chainlink will be a more valuable project than ETH in the future.

>>22150806
Ok I know staking I get it personally I felt it would be used for bigger things than just stock price and weather desu. That feels like building a condo building just for a dog like they’re making something super complex but for elementary functions

>>22150661
This is it exactly.

Smartcon was a waste of time. I get the importance of such things from the perspective of building a new sector through networking but from your perspective as a chainlink holder it ought to have brought nothing of which you weren't already aware except the emphasis on how complex the staking mechanism is.

We are almost at Q4 CY20 and there is nothing concrete by way of staking, despite inferences people have drawn from generalised quotes they found somewhere that could have implied it would've been released by now. Johnny Huxtable is always visually intimidated by the conversation, as was the host of his panel session at smartcon who mentioned how overwhelming it was but "exciting to be part of laying the groundwork for a system that is secure". Deniz Omer answered tough questions by falling back on the defi infrastructure being extremely complex and that we're all "only just building the very base layer now". Sergey sells ideas and concepts well but the opaqueness towards a staking roadmap is suspect to me at this point.

I find it funny how every bit of the optimism for chainlink's future price is expressed with the assumption that staking is inevitable and that when it happens, oh boy, it'll be a singularity. people just skip over the implication of this when they say it, which is that anything that would theoretically cause a price explosion for anything in this world must be associated with a high degree of improbability. People present this like it's a value proposition or an opportunity rather than a representation of inherent risk. I know that's fundamentally the difference between bulls and bears, but you're talking about a project that is at this point avoiding the topic.

Every bit of optimism on chainlink and the idea of price explosion is dependent on staking, and all of that optimism takes staking as inevitability.

>>22150692
>>22150776
It's abandonware, the github hasn't been updated in years, since shortly after its release. It was just a short project.

>>22150886
Implicit and explicit steaking was the model they were going with

>>22150875
Seems like a major risk still. You need staking to be a provider for arbitrum? Why? How can that possibly work fast enough anyway

>>22150850
I don't think they're orchestrating it, it's just a natural result of the poor turnover of current blockchain systems. Hopefully arbritrum is actually near but im sceptical that we'll see it for a few months m.

>>22150426
he's not talking about OG marines he's talking about elites who only found out it was going to be the backbone of the fourth industrial revolution some time in 2019-2020 and don't want incels from a racist anime board to get rich along with them.

>>22150886
>I felt it would be used for bigger things than just stock price and weather desu
are you stupid? seriously...am i talking to a wall? do you understand that DECO enables the blockchain to privately see, for example, if you have enough money for a loan? thats a lot more then just a stock price check stupid newfag. go back to redit fucking faggot.

>>22150902
imagine typing this out. this is 2020 biz summed up in four idiotic paragraphs

>>22150921
> Seems like a major risk still, You need staking to be a provider for arbitrum? Why? How can that possibly work fast enough anyway

>>22150959
non response as standard

2020 biz in a nutshell

>>22150959
It's trannypasta

>>22150902
Ebic blackpills fren. Yeah but white paper V2 might answer the questions. But then we might have to wait another few years

>>22150923
So there are really scammers out there reading through a menu and creating scams based on what they read in the menu?
Peak clownworld

>>22150902
Yep this was well stated. The idea that we even get staking is fundamentally flawed to be taken for granted. Tbh it could well be an impossible thing to do well and they can only manage it for like 1-2 use cases and that’s it. That singularity will turn upside down real fast. It all makes sense now smart money is withdrawing on this exact money. Maybe not fully withdraw but maybe 40-50%

>>22151003
Ebic blackpills fren, Yeah but white paper V2 might answer the questions. But then we might have to wait another few years

>>22150902
reddit hands typed this

>>22150986
>>22151030
Kys

>>22151026
> Yep this was well stated, The idea that we even get staking is fundamentally flawed to be taken for granted Tbh it could well be an impossible thing to do well and they can only manage it for like 1-2 use cases and that’s it, That singularity will turn upside down real fast. It all makes sense now smart money is withdrawing on this exact money, Maybe not fully withdraw but maybe 40-50%

You had 3 years is not a meme at this point. There is not a single project that touches what Chainlink is doing to bring real world outside data to blockchain. It's going to be the Google/Amazon of this space.

>>22151026
*On this exact issue

>>22150948
>do you understand that DECO enables the blockchain to privately see, for example, if you have enough money for a loan?

>>22151066
Nigger loving faggot.

>>22151069
The idea is great but if you looked at the team and thought google amazon then you were looking at the wrong screen for sure. Who the hell is genius enough on that team to make a google amazon. That’s hopium.

>>22151067
Kek imagine being the blackest dumbest gorilla nigger. You're a band pajeet right?

>>22151025
Indians are literally automatons. They have been throwing out random word tokens for years, if one actually produces a profit they all writhe in towards it like the 90% tuk tuk employment rate in asia. Last month it was biz meme words now it's food next month it will be historical figures. They do this for dollar profits from a shack.

>>22151095
Really?

>>22151086
That’s an important step in DeFi a major important step which seems that for 3 years the CL team forgot about them scrambled to buy deco thanks to us funding it

>>22151090
>>22151102
Haha I anticipated you're response. The timeline are converging

>>22151102
I'm a LINK American. Your mother sucks my balls every night, for free.

>>22151113
Can't say I disagree anon. A place for every race.

>>22151134
I really don't get how DECO sits alongside chainlink. How can you have trustless multi-node data from discrete, private sources?

>>22151138
> hahahahah your a pajeet, I anticipated you're respond, hahaha I'm totally not a pajeet/chink shill

>>22151145
Mutts law
>>22151160
I'll have to read more but I thought it was a black box type of deal for oracles

>>22150756
I’m unironically doing the same. I have a big life purchase coming up and am looking to offload 30k Link, which is only about 15% of my position anyway, but it hurts to sell this low. If it can get back into the high teens it’d give me so much breathing room and I’ll be good to kick me feet back for a couple years waiting for the real moon mission. This current price action makes me sick

>>22151166
Checked don't worry fren we're all in this together

>>22150986
>>22151001
>>22151003
>>22151030
>>22151049
>>22151067
>>22151090
So to sum up the response to obvious questions and shortcomings visible even the the lowest ranking retards in attendance at smartcon:

>>22150756
>>22151202
Thank you for doing the needful

>>22151095
>The idea is great but if you looked at the team and thought google amazon then you were looking at the wrong screen for sure. Who the hell is genius enough on that team to make a google amazon. That’s hopium.

>>22151276
> Huge unemployment rate
> Chainlink expanding and hiring in current climate
Bullish

>>22150902
DR;NS

>>22151187
Mutt law does not apply to my statement, your mum still sucks my testicles every single day.

>>22151134
>That’s an important step in DeFi a major important step which seems that for 3 years the CL team forgot about them scrambled to buy deco thanks to us funding it
where was the demand three years ago? where are the teams that were trying to do this three years ago today? remember when enigma called link a bandaid, where are they now? if you can't see how/why they're taking the steps they're taking when they're taking them, and can't realize how superior their go to market strategizing is to literally anyone in that space is... they don't "forget", they just do shit realistically and strategically, you don't build a rootftop if you haven't built the foundations yet

>>22151202
>>22150756
Same, got about 100K link, gonna sell like 90% of it soon. Staking def isnt happening any time soon, probably not even in 2021, and the liklihood of link ever even reaching $100 is a fading memory. The wrting is on the wall and im taking profit while i can

>>22150902
fucking 10/10 post, linklets are seething

Lmao the sheer delusion in these threads

>>22151095
Ari juels

>>22149398
We're still in stealth phase.

>>22151441
kek, nolinker

>>22151597
I really really hope this is sarcasm

>>22151465
kek. This is actually pretty good. Still not selling, bought more at the dip today.

>>22151558
All Ari Juels did was give a name to something other people invented. Look it up, brainlet. There's a reason why this guy isn't known for anything.

>>22151382
> Hello my fellow Redditors I'm making an important statement pls reply
Chang's law

>>22150902
Based. Chainlink is a closed-source exercise in deceptive marketing. 80% of what was talked about at SmartCon is being worked on privately while Sergey desperately tries to repurpose a Chainlink nodes to Arbitrum, though how the token will be meaningful here is unclear.

>>22151441
I wouldn’t sell my whole stack, that’s insane. Unless yours is a demoralizing fud post. I’m selling a small position, I just have to do it within a month which is why I’m annoyed with this price. Either way I’m riding my 200k Link that I have tucked away to Valhalla. It would just be easier to have more of a cushion for the next couple years

>>22151386
I member enigma kek those were the days. I'm waiting for the new white paper to see but it'll still be drns

We must protect Serger at all costs anons. Ari Juels has his own Loli assassins. For Serger!

>>22151807
> A tokenless solution will somehow generate financial incentive
Post potato on head

>>22149398
because link is a scam that already pumped, now it's time for new scams

>>22151441
This is you when Link reaches $81,000 PER LINK

>>22151740
That's a really good point anon. He has been cited in countless pieces of academic material, but I guess that doesn't matter since some random mouthbreather like you hasn't personally heard of anything that he's done.

>>22151898
That’s what I’m implying.
>Chainlink is actively working on making the node less expensive to operate
>Chainlink is making it so requests are cheaper

Yet somehow LINKies think there’s some magic that’ll make their zero-yield asset valuable.

>>22149569
That fat faggot traitor sergay to lose ownership of his keys. No more sergay = no more dumping

>>22149398
At least HOTDOG is an obvious scam, only scamming like 3 people.
LINK is a scam that's clever enough to fool the majority. It has a market cap up there with BTC, the backbone of crypto-trading, ETH, the backbone of most crypto-transfer, XRP, the best blockchain by raw stats and philosophy (the dumping by ripple keeps the price down).

LINK has absolutely no business being valued with these. Its gimmick is "smart contracts" that have yet to prove a value and "oracles" which are glorified feed readers.

DOT overtook link because it provides the community more value. LINK has no business having a market cap that high. BNB and LTC also play a bigger role in the ecosystem.

The fair market value for LINK would in the range of Cardano in terms of market cap... meaning the token should be valued about $8.50.

tl;dr
EOY: >>22000999

>>22152068
Why not? Meth heads seem to be under the same impression

>>22152041
IF you even once googled him, or just looked at the chainlinklabs page you'd know how silly your FUD sounds.

>>22152082
I posted fud in that thread but today I'm defending Sergey's honor kek

>>22152177
Maybe he'll do something with the coin eventually, though it looks to me like he just tacks on trendy functionality.

When IOTA, VET and WTC were popular, he's pushing oracles.
Now LINK is chasing DEFI dollars.

>>22150555
welcome to literally a week ago anon.

the price needs to go up

>>22150756
>>22151202
>>22151441
disgusting, soft, larping hands. all of you kys.

>>22152250
> Same slides for years
> Just tacks on functionality
I think you meant to write
> Defi is a scammy first use case for oracles because it is basically just moving tokens around and tards understand this idea

>>22152288
Chek'd^ Bunch of larping faggots

>>22152288
Digits will always show definitive truth.

>>22152320
>Digits will always show definitive truth
That's a creative/brilliant response and the entire reason for Chainlink.

https://www.forbes.com/sites/benjessel/2020/08/29/chainlinks-new-acquisition-from-cornell-university-could-transform-blockchain-for-good/

>>22152407
We're all in this together anon.

>>22149569
>TSLA crashes
>Normies BTFO'd in any and all timelines forever
>wtfhappened.jpg
>Musk investigated
>Dig up shady stock dealing
>"How could this have happened?? We must prevent this from ever happening again!"
>Enter ChainLink

CHECK. THESE. FUCKING. DIGITS.

>>22152621
We're all in this together. It's been such a comfy ride so far. I'm prepared to go wherever it takes me.

>>22152288
Kek I’ve been holding 200k+ since early 2018. I’m just getting tired of waging day in and day out and wanna enjoy myself. Selling my stack above 200k and am going to kick back. It’s obvious staking won’t be for some time anyway. You faggots holding 10k Link or less can play Link marine and “hodl the line” all you want. I’ve probably owned Link longer than you and will still likely have a larger stack in a few weeks and even years from now. Just wage your prime years away til staking in 2026

>>22152770
> Dude just wage your prime years away
Kek

>>22152861
nice book fren.

Everyone is chasing the stupid Yield Finance bubble that'll pop shortly and then we could see link price action at last.

>>22152861
Obese male makes meme book instead of working out, NGMI

>>22149684
>when staking live
We don't know if they can solve the oracle problem. they are building it. One done we know it is possible, until then we are speculating on the names of the people working on the end product

>>22152621
Kek took me a second

>>22153277
Czeched. I got fifty on an Ari/link moonshot