/biz/ - Business & Finance

>>25119902
Okay, sure, but only if you provide an argument on why? Thanks.

>>25119950

>only 106 nodes in a private KYC network
>out of those, 83 have ran 0 jobs (!)
>only 22% of the network is used
https://market.link/search/nodes

>only 255 data feed available after years of development
>99% are all price feeds
>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
https://market.link/search/feed

Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation with a founding team that still holds 60%+ and does dumps on a weekly basis?

>>25119902
thanks, just sold 100K

>>25120448
Sorry but that's being spammed everywhere as a FUD attempt, do you have anything concrete or are you a XRP schizo trying to play tricks on marines?

>>25119902
>I warned you
oh that's right, you're that anonymous guy on that anonymous board. i remember you.

>>25120550
>post literal concrete evidence with link to proof
>low IQ linker: do you have anything concrete?

>>25119902
not selling. link is an easy $40 within 2 years. i will sell 90% of my stack then.

>>25119950
So? It's only up from here and there is no practical competition.

>>25120448
>>25120576
Kek it's literally the same jeet who spammed
>linkers: this is bullish
thousands of times back in the single digit days. Nasty fucking faggot.

1...2...3... THE SEC'S COMING FOR YOU...

>>25120576
Sorry but you evidently do not know how to interpret the data, a little alarming to say the least. Now can you please review and return to me once you have credible evidence of this, thank you.

>>25119902
Don't worry, just get a job at Mac D, it ain't that bad, I work there, the Link ponzi has started to collapse, the SEC will put pressure on this, they want to squeeze every living dollar out of this illegitmate ponzi, it's now XRP 2.0 and you are no longer a Chainlink marine but an XRP soldier in the XRP army 2.0. Your dreams shall be shattered, you will wonder for the rest of your life, why didn't I sell? why did I believe Chainlink would go to a 100 dollars one day, then it becomes all so clear you got swept away by emotions of your fellow hodlers and there was no rational behind it, you realise it was all a ponzi to enrich Sergey with his philosophical mumbo jumbo, you ll start to realise that he got fat for a reason and the whole project was basically about feeding Sergey.

Does anybody within CHAINLINK especially high up within the ecosystem dump tokens regularly on the market for personal gain?

If so this could be a massive problem

>>25120750
Dumping tokens regularly doesn't make an asset a security.

>>25120750
how else Sergey is going to pay for his Big Macs?

>>25120811
This is my main concern, I am not selling until someone can answer this for me

>>25120619
>>25120700
>t. seething linkers trying to discredit the source instead of refuting the actual facts

don't worry I'd be seething too if I had just lost 80% of my gains vs BTC

>>25120803
nice cope from an imploding ponzi Linkerm truth is Sergey has been dumping 700k at a regular basis, if this goes straight into his bank account the SEC and IRS won't leave him alone, this behaviour might cause the total collapse of the Chainlink Ponzi, Chainlink and XRp are now in the same boat it seems, and the boat is sinking, what are you going to do when the boat sinks anon? are you going to cope till you drown or are you going the wake the fuck up?

>>25120576
>literal

>>25120846
I unironically sold half of my link for api3.

>>25120846
I don't own Chainlink, but selling assets alone don't make it a security. You should read the SEC guidelines and their definition of security.

>>25120835
>No evidence

bsv won already you stupid faggots, we've told you and spoongeed you, dyor or die kyssing

>>25120619
how do you know? yer a janny seeing his IP?

>>25120448
>only 106 nodes in a private KYC network
It's not a "private network", they're private contracts.
Contracts will always be private, they are whatever the client/contract operator want them to be.

>out of those, 83 have ran 0 jobs (!)
You have no idea what "jobs" means.
The nodes are ALL providing oracle inputs at every single interval (barring some catastrophic temporary event).
Which is their only task.

>only 255 data feed available after years of development
>99% are all price feeds
And they provide the back-end for many billions of USD in Defi.

>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
You have no idea how many times users (Aave, Synthetix, ...) are using the feeds lmao. Only they can know.

>Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation
Valuation isn't about the current state of things, it's about future potential.
Pic very related.

>>25120898
smart move I think

>>25120908
it's quite broad, if there is enough envy and politics behind their intentions they will make it a security;

any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

That definition is not meant to encompass everything that may be a “security” though, as the U.S. Supreme Court has made clear that the definition of “security” is “quite broad” (Marine Bank v. Weaver, 455 U.S. 551, 555-556 (1982)) and meant to include “the many types of instruments that, in our commercial world, fall within the ordinary concept of a security” (H.R.Rep. No. 85, 73d Cong., 1st Sess., 11 (1933)).

If some judge decides it's not fair Sergey is able to afford to stuff more Big Macs in his belly than him he will deem it a security.

>>25120693
Not a chance.

>>25121083
funny how such rich corporates can be such retards, don't they have laywers?

sell link buy dexg. IL solved. shhh.

>>25121012
>>25120750
>>25120846

See >>25121083

The Howey test has been standing SCOTUS case law since 1946.
And so long as the Howey test stands, Chainlink will never be a security in the US, because they NEVER discussed the price, let alone price expectations.

>>25119902
Imagine if you morons who smugly post fake sell posts actually did it. Pic related would be up by NEARLY HALF.

>>25121133
You really have to wonder what Garlinghouse was fucking thinking.
He basically spent years and years tying the noose around his own neck.
See pic related.

>haha crypto is useless as a currency
>guys buy XRP it's totally a currency ;)

>>25121207
you can't chase wealth instinctively without anticipating potential legal clusterfucks and walk away from it, let this be a lesson, always use a laywer as a proxy/filter. No way Garlinghouse is going to walk away from this without having to pay a big sum to the IRS.

>>25120448
>https://market.link/search/nodes

What a low tier Zeus Capital FUD

>>25121310
It's very obvious Garlinghouse is an intellectual mouse compared to the blue whale of intellect that is Sergey.

>discord tranny thread
it's all so tiresome.

>>25121342
if he kept it strictly utilitarian he should be clean.

is this your first LINK dump or something?

>>25119902
Ripple:
Sold XRP tokens to sustain business operations and enrich founders.
Paid for partners with profit from token sales to encourage more token sales
Subsidized partners with token sales so they’d continue using XRP
Office in the USA
Massive supply owned by founding team and company

Chainlink:
Sold LINK tokens in an ICO to US investors to fund business operations
Sells LINK periodically to fund business operations and enrich founders
Subsidizes chainlink network and partners through token sales
Token has no function aside from raising capital for founders and company
Offices in USA
Company and founders hold massive supply

Defi:
Top 4 defi protocols do not use Chainlink oracles. (Compound, Uniswap, Sushiswap, Makerdao) clearly not critical infrastructure.

If you think that LINK is not fucked your head is in your ass. LINK is EXACTLY like Ripple and XRP.

>>25121375
Yes.
If he had done that, none of Ripple's exaggerations, lies, empty promises, ... would make for actual ammunition to be used against them in legal court.

But since the constant references to future price increases mean XRP clearly fails the Howey test, everything tangentially related is thrown at them as aggravating circumstances.

>>25121423
This makes me worried

>>25120576
These newfags believe this fud. Thats how fucking thick they are.
True sign of someone who ngmi is pasta link fud.

>>25121423
>Sold LINK tokens in an ICO to US investors
US citizens were explicitly forbidden from entering the ICO.

>Subsidizes chainlink network and partners through token sales
Nope.
Chainlink is the contract operator, they're supposed to be the one paying the nodes.
And Chainlink is being paid by the clients (all those Defi projects that use it)

>Token has no function aside from raising capital for founders and company
The token is the on-chain currency received by all nodes ever since day 1 of mainnet.

>LINK is EXACTLY like Ripple and XRP
Link will never be a security in the US.

See >>25121083 (You)
The Howey test has been standing SCOTUS case law since 1946.
And so long as the Howey test stands, Chainlink will never be a security in the US, because they NEVER discussed the price, let alone price expectations.

>>25119902
Merry christmas anon

>>25119950
>but only if you provide an argument on why
so you dont lose all you rmoney, dumbass

>>25120898
similar thing here, sold 50% for ETH, 40% for API3 and boy am I relieved

>>25121491
>Chainlink will never be a security in the US, because they NEVER discussed the price, let alone price expectations.
where did the "cup of coffee" meme come from then?

>>25122805
From "funny" anons on 4chan.

>>25120448
>still holds 60% dumps on weekly bais
Isnt that good for their case tho?

>>25119902
>sell the bottom
No thanks faggot

>>25121205
If you sell once, you will sell again sooner or later

Thats what (((they))) are banking on

DR;NS is the only viable strategy

>>25123320
Yes.
Unlike Ripple, Chainlink didn't employ "distribution strategies that we expect will result in a stable or strengthening XRP exchange rate against other currencies".

i.e. they didn't time their dumps to maximize the token price.

>>25122805
please tell me you’re kidding and you aren’t really exposing yourself as a nufag