/biz/ - Business & Finance

>>49272568
I'm going to be fucking rich aren't I

>>49272606
I hope so.

>>49272640
Thanks
You too

Cosmos IBC already solves this and is released. CCIP is just going to be regurgitating something that is already solved.

>>49272654
10 days

>>49272697

>>49272654

What a (You) faggot

>>49272568
because they aren't smart.
its just that simple

>>49272568
https://twitter.com/hasufl/status/1531204918304022528

Looks like the Aave Head of Relations tweet was deleted.

Bullish or larp?

>>49272568
> "we need ccip 6 months ago"
lmao even the industy is dunking on sirgay

>>49272997
*Bullish is OP's pic photoshopped?

>>49272688
>Cosmos IBC already solves this and is released. CCIP is just going to be regurgitating something that is already solved.
WTF? Someone refute this.

>>49272568
VCs invest in 'track record' or 'credentials'. Nothing else. This is because analysts do not want to be fired. Compare the following scenarios:

>"this investment has absolutely tanked. explain yourself!"
"everything they've done prior was a success and they're Stanford PhDs! There was no way of knowing!"
>"you're on a warning anon"

>"this investment has absolutely tanked. explain yourself!"
"bu- but it was a great *idea*"
>"you're fired anon, clean out your desk"

>>49273091
>>49272997

Oh, I'm just retarded.

https://twitter.com/lemiscate/status/1531236315144065026?s=20&t=rv3RAos9WrS9GKLWh1MM-g

Bullish as fuck.

>>49272606
no you'll be fighting in the global crypto wars with the rest of us.

>>49273121
I've never liked listening to investors from major investing firms because they generally invest money but not stake, specifically emotional stake in projects. If you have a fund of $300 million, investing $3 million in a project at pre ICO prices is not going to give the same of level of commitment and desire to see the project succeed as some retail investor investing all of his savings. The latter has skin in the game as a significant percentage of his wealth is contingent on its success so he should be more obsessed and knowledgeable than a major investor just dipping in lump sums (that are only modicum of percentage of his total wealth) at prices they'll generally always get a return on.

Vcs didn't miss chainlink.
Chainlink missed vcs.
When there's no insider allocation and preseed/seed bullshit, vcs don't care.

>>49273521
They will buy my bags when they all rushed in from their Luna bags

>>49273596
Public markets are for dumping on retail only.

>>49273596
patients anon smart contracts are just starting.
Just live off your stake.

>whats ccip
kek fucking bullish

>>49273656
Correct vc will be retailers, except instead of dumping they will beg

>>49273521
Chainlink labs has had 3 funding rounds, dear newfag

>>49272870
it really is.
i learned this lesson over many years trying to red pill "smart people" on 9-11

>>49274218
which VCs invested in Chainlink?

>>49274389
the wef italian salsa man and boomer gonser

>>49272568
They’re actually retarded

>>49273121
>track records
< vc goes into luna
>kwon is known for reking one project already

>>49272568
i own 3.7 Aave will i make it?

>>49274743
Depends, will AAVE collateralize their staked aave into link and the stake with node operators to generate yield while also simultaneously allowing those staked aave tokens to be used as governance?

>>49273120
no one uses the cosmos IBC i guess?
ive never heard of it
believe me i will buy any competition the second it comes up. but i see none so far.
I dont understand that well but some claim ICP has comparitive features but i have never seen any proof

>>49274851
All cosmo product are inferior version. Band for an example, it did pump when link pumped but I’m not sure if it work again

friendly reminder; once staking is out EVERYTHING changes. nothing operates under the previous "rulebook" and you can safely forget everything you ever knew
things like "bitcoin will always be #1" or "there's no way LINK marketcap goes 100x in a single year" can be safely disregarded

chainlink staking isn't just your average shitcoin staking where you just "lock" your funds and a background function does some unimpressive things and rewards you
with chainlink staking you sell information and you collateralize your funds as a guarantee that you will not lie. even if you decide to lie (against your best interests) the consensus mechanism will detect it, penalize you and reward honest players instead
it provides an enterprise-level framework that monetizes chainlink not just as a token, but also as a service that will be desperately sought after. the price of the LINK token, currently determined mostly by speculation, will thus transform into something directly proportional to an exponentially rising demand for real-world usage

SWIFT, ECB, BoC, GS, JPM, you are about to discover the real impact of these announcements
no, the impact was NEVER "m-maybe le good news will pump my bags"
the impact is the fact that global institutions that dominate the world's economy are aware of chainlink, and incredibly eager to begin integrating its services into their systems

you will see some shit, you will think you are dreaming
some of you might legit go crazy and go on a killing spree or something, that's why we keep trying to prepare you for what's about to happen
you are about to become oligarchs

>>49275042
holy shit the json parser really became the orwellian truth machine

>>49274477
>the wef italian salsa man
WHERE'S MY MONEY SALAMI SANCHEZ???!?

>>49273120
It's wrong lol. They didn't solve shit

>>49272568
Fortunately Twitter anons are taking it upon themselves to spread the gospel right before liftoff.

>>49273120
> IBC can be used to build a wide range of cross-chain applications, which include token transfers, atomic swaps, multi-chain smart contracts (with or without mutually comprehensible VMs), and data & code sharding of various kinds.

IBC will be the future for many chains that are based on the cosmos sdk.

But the entire space doesnt use the cosmos sdk.

Polkadot will implement IBC, solana perhaps, but definitely not ethereum.
Sergey stole the idea of their keepers product and CCIP. That doesnt mean that they cant thrive in their own niche.

Chainlink wont be a monopoly, neither will the Cosmos eco

>>49275308
>many chains that are based on the cosmos sdk
terra (oops) and uh

>>49274958
Did they eventually find out how vrf works? Lmao

>>49272568
That Hasufag is such a retard. I remember him back when all the MEV shenanigans were exposed.

>>49275042
>you sell information and you collateralize your funds
just to emphasize that this is an active process, like the aforementioned shitcoins where all staking gains are equal inflating shit, in chainlink even if you stake you aren't guaranteed gains
your node needs to get (high) paying requests to generating yield
this means that as an individual you will not run your own node and big boys will quickly consolidate the biggest rewards as a newfag your best hope is probably the serviced staking coinbase will provide you for a fee of course
but regardless of this the token will appreciate equally for all holders

>>49275042
Are you excited for us kids though?

>>49272568
I've been saying this. CCIP will make redundant dapps, tokens and even L1's obsolete. Imagine using one wallet and navigating across chains without knowing what chain you are on. That's what it's going to look like.

I know im tuning in.

>>49276448
Is anyone streaming?

IBC is a quick yet inferior solution. Chainlink implements staking for security of assets and is able to transmit data/commands across chains. CCIP is a bigger deal than staking alone.

>>49272688

>>49276381
L1's still have a place. Big name dapps will move on to creating their own L2 rollup chain. Because they're a roll up, their security will be derived from Ethereum's security. But smaller dapps that aren't big enough to justify their own chain will be using rollups. Alternative L1s like FTM and Polygon will eventually pivot to become full on L2 solutions for Ethereum. But what makes all of these things possible is CCIP.


For example, here's a strong argument for Uniswap (which recently hit $1 Trillion in lifetime transaction volume) becoming its own chain and Hayden even hinting at CCIP to make it possible

https://twitter.com/haydenzadams/status/1528580636029640705?s=20&t=rv3RAos9WrS9GKLWh1MM-g

>>49275083
He grew up and changed his name to Tom Parser, arbiter of truth

>>49276448
read the highlighted text.
Does it click anon?

Also they added 2 more speakers from CLL now 5 in total.

>>49276619
Holy fuck
Time to all in uni

>>49277077
Checked. Im so excited. My linkies finally get to move out of cold storage.

>>49276054
If you happen to have exclusive information earlier than everyone else then you can make plenty doing your own staking. Corporations are lumbering beasts who take years to get into new technology. Plenty of room for startups here.

>>49275042
Shut up nigger. I'm still buying but link will only slowly crab into the triple digits over like 10 years and by then a cup of coffee will be $300.

>>49275042
if you find yourself in the small group of anons who have actually had the foresight and conviction to hold link thus far through everything, even if you are a "newcomer"(you're still early) having recently or are currently accumulating a bag, I am praying for you. Start thinking about what it will mean to you when money is no longer an object of oppression in your life, or an object of desire - this is the real goal of accumulating wealth for the distinguished mind. Our emotional and ultimately spiritual state are the work, the real deep work we have to hone in on if we want to live truly well and do more good than harm in this world.

Look around here, or anywhere. Isn't the concept of spiritual battle obvious? We are engaged in an invisible war, and ultimately our souls are the prize of victory, or the penalty of defeat.

>>49277517
Christ is king, brother. Alleluia.

>>49274851
>>49274958
>>49275308
https://twitter.com/0xbrainjar/status/1519244211052232705
>With xcvm, an IBC-connected contract environment and trustless bridges to other L1s we will unlock a new level of interoperability that will eventually be called composability.
Cosmos is going for the same prize as Chainlink with CCIP. The idea that just CCIP will be powering all of these usecases is a pipedream; they're not the only competitor here.

>>49277149
>Corporations are lumbering beasts
thats the issue, it will be in the end the biggest beasts that also pay the biggest rewards
which node do you think chevron is going to pay for securing its insurance contracts for storm damage against its gulf oil plays
neet node 45687 who happens to parse barometer data 2 minutes faster or trusted big weather institution handled on jpm's node
put your thinking cap on anon, most rewards will come from real world shit not just shitcoin gambling across the bsc casino

>>49272568
Because no one outside of biz cares this much about chainlink, also because they have no link stacks

>>49272568
Kek. Funny thing is I don't know anything about chainlink other than they're partnered with Allianceblock

>>49276448
>>49276481
you have to pay to get into this?

>>49276550
Ari, NO!

>>49278012
>>49278128
Yes

vcs only care about shit they can buy at 0.0001 before retail is allowed to buy and then use retail as exit liquidity during a bullrun for a 10000x. fundamentals dont even matter

>le VCs
did you faggots already forget about salsa salami?

also look into this hafu guy
he must know what ccip is
just look, he's from the mev mafia
>Our primary focus is to enable a permissionless, transparent, and fair ecosystem for MEV extraction. This falls under three goals: Bringing Transparency to MEV Activity, Democratizing Access to MEV Revenue and Enabling Fair Redistribution of MEV Revenue.
ari is going to take these guys out with fss
https://www.coindesk.com/markets/2021/04/07/miners-front-running-as-a-service-is-theft/
remember at the core of eth these guys run the show and extract and extract

>>49273123
kek he stops replying after chainlink is mentioned
also this was interesting the other day I was range banned for mentioning chainlink in an twap oracle thread. the torgin.eth paper they were discussing does not mention chainlink once. fucking insane considering their lead in the oracle space

>>49272568
How? I've been trying to explain Link to people since assblaster and they still don't get it. One of them recently said he just didnt see the point in blockchains and couldn't see how anyone would use Link. I shit you not. Mf has watched me study crypto for years and profit to the point of retirement and he doesn't see the point.

>>49278817
When i started learning about ethereum, and i am by no means that intelligent, one of the first thoughts i had was how useless smart contracts are without any external data. It’s fucking baffling how most of the market hasn’t asked that basic question

>>49275308
>Sergey stole the idea of their keepers product and CCIP.

>>49276550
>>49278128

>>49273521
And that's a good thing.

>>49277880
It's not need node 38573, it will be some silicon valley startup with 20 millions VC dollars who spent half of that on marketing.

>>49278999
Checked.
I wonder who will be the first person to be killed by an assassination smart contract.

>>49278978
>open source
>stole the idea

>>49278961
The problem is the people who are making it in crypto right now are highly incentivized to keep it a closed off shitcoin casino that doesn't generate any actual value, because they're profiting greatly off of it.

>>49274244
checked and me too

>>49279276
the change comes from weaning everyone off of their stupid scam coins and playing the 4 year long investment game

Unironically if enough people step out of their bullshit games and stop paying premium on VC shit, we can start seeing shotgun VC faggots die off

That will be a relief

>>49276619
>Uniswap becoming its own chain
isn't uniswap pretty well all over optimism?
if optimism already has a working L2 not sure why uniswap would spend the time/effort to make their own

>>49278978
topkek

>>49279120
I hope it will be simeon

>>49278978
based and theft pilled. karma finally caught up with him. this is a feel good moment

>>49278284
>>49278477
I noticed the flashbots part too but he doesn't seem completely opposed to chainlink. Not sure what to make of this character.

>>49280401
it's that three arrows chink that is to be despised and not trusted
the hasu one at least seems sensible enough to eventually change his mind
but if he's a flashbot person then likely he'll try and kike some more

>>49272568
Reality is that these VCs and larger institutions will have to buy our bags are higher prices. Their LPs will want exposure to the next Bitcoin and Ethereum. By the time they realize what is happening, I bet link will already be over $150-200 dollars. VCs might not care as many mentioned their spray and pray methods, but large institutions will want significant exposure to a blue chip like link.

>>49279932
Kek same. But he's almost not worth whatever the necessary Link bounty would be.

>>49280401
>>49280509
>flash rape is okay if everyone else is doing it
dividing up who are the sensible rapists and who are not is fucking stupid just quietly

>>49280671
VCs will buy my bags when we reach 10k/link.

>>49280509
zhu & kyle are both top signal indicators. i specifically keep my notifications on for them. and they haven't failed me once.

>>49280401
he had literally said before that his concern was that chainlink would become a monopoly and ramp up prices long term
that has to be a wilful misinterpretation of chainlink as it's designed to be the very opposite with dons being able to created at will
being charitable you would say its simply lack of research and understanding. being cynical you would wonder if they hate chainlink as fss is going to bring down their criminal enterprise

ari called out flashbots by name twice in that coindesk piece.
>MEV has been a serious problem for some time, but things are now getting worse.
Miners are realizing that they control transaction ordering and can profit from this power. (Anything that bots can do, miners can do better.) Some miners are embracing an idea called front-running-as-a-service (FaaS) (aka MEV Auctions (MEVA) or MEV optimization), as realized by Flashbots.
>FaaS is analogous to the theft auctions we (facetiously) suggested at the beginning of this post. Instead of miners developing front-running expertise themselves, in a FaaS system, miners auction off the right to front-run users. Specialist arbitrageurs can bid off-chain in real time to place their front-running transactions in mined blocks.
hudson then went on the attack on twitter about it. this is how deep it runs
https://mobile.twitter.com/hudsonjameson/status/1379928873308200968
but don't worry flashbots is "grassroots/punk"!!!

>>49277864
>Cosmos is going for the same prize as Chainlink with CCIP. The idea that just CCIP will be powering all of these usecases is a pipedream; they're not the only competitor here.

That's the thing, the big name DeFi projects like Aave are waiting on Chainlink because they don't trust the other projects working on bridging tech while chainlink has a proven track record. And once CCIP releases, it'll have the network effect that'll drive more people to use it because everyone else is using it and already proves to be secure (assuming they don't fuck it up)

https://twitter.com/lemiscate/status/1531236043688640513?s=20&t=7wVKnIxgWpsPpvgGRvgREA

>>49281167
>Fudson Jameson's "beautiful dance"
Kek. I forgot about this clown. Surprising number of gremlins crawled out of the woodwork when Ari wrote that article.
But something odd I've noticed is that the MEVfags have been pretty quiet as of late. Any idea why?

>what's ccip
>strategy lead @ http://Flashbots.net research collaborator @paradigm
podcast http://uncommoncore.co/podcast/ delegate @MakerDAO
angel investor

That's inaceptable for someone in his position, almost pathetic. Even if you don't like chainlink you need to know about the market you are into, holy shit what a terrible professional

>>49281392
yet he is some magnitudes wealthier than you'll ever be.

>>49279768
In the link, the main arguments for a Uniswap chain were the fees users pay for for usage:

Gas transaction fees
Market Maker fees
Miner extractable value fees

Uniswap only gets a cut out of the market maker fees. If they run their own chain, they get all 3. If they have a heart, they'd also work to minimize MEV as well.

>>49281392
Yeah literally destroyed my view of him.
I have to be honest most "researchers" in the cryptosphere aren't doing a better job than I would do, and I'm not brilliant at all.
Ari, Ed & Co. are in a league of their own... when “grown ups" are going to flood the field, it's going to be bloody. All the current roster of VCs will get wiped.

>>49281392
I think he's just being disingenuous. LINK always makes those in the ETH community act in bizarre ways.

>>49281461
>All the current roster of VCs will get wiped.
god i can't wait. these people are nothing more than ponzi marketers larping as VCs

>>49281461
You can see the mystique of the intelligence in this space fall a part when watching https://youtu.be/TNqItbWInHE for example and when you start to realize that everything is a clone of a fork of an abandoned failed project

>>49273521
I’m inclined to believe this. It’s come to my attention that a lot of vc’s rely heavily on “deal flow”. Where they are essentially getting a seat at the insider table through personal connections.

>>49281527
https://eprint.iacr.org/2022/445.pdf
here is the paper about TWAP oracle attacks and MEV tldr MEV is cheaper with TWAP oracles almost as if it was by design

Chainlink is neither cited nor is it mentioned as a possible solution. From the conclusion
>We illustrated the need for a manipulation-resistant oracle with the under-collateralized loan attack on a lending protocol. Any protocol that relies in the same way on a TWAP oracle is vulnerable. We analyzed the manipulation resistance of TWAP oracles against different types of attacks and showed that the cost of manipulation for TWAP oracles is lower than expected.
Bare in mind TWAP oracles only work for onchain data and not offchain or cross chain data so the "research" presented here is decidedly ETH-centric without consideration as to how that data ended up on chain in the first place i.e. it assumes the data is trustworthy because it is onchain already

>>49279768
>working L2
Eh that airdrop crashed the chain today. Optimism is dead on arrival

>>49281539
The infrastructure is not there yet but yeah.

>>49281613
The space became absolutely disgusting to me because of this.
Everything post 2019 has been poisoned by VC boysclubs and nepotism.
The projects allowing this while masquerading as parangons of justice and decentralisation are all the more disgusting.
Personally noticed this because for whatever reason I still follow Bankless and the Daily Gwei, every fucking episode they would talk about a new project and "disclose" they've been in seed rounds.
And then you understand that all these groups do is partying together in "closed-to-normies" afterparties at Ethereum conventions.
Absolutely awful. Vitalik is somehow blind to this but is lucid enough not to participate in these.

>>49281762
>And then you understand that all these groups do is partying together in "closed-to-normies" afterparties at Ethereum conventions.
Where they strike deals and pull each other in funding rounds

Lol, you're losing your cash on trash and then cry on 4ch on every topic. Be smarter, kiddies, look at Enegra

> Token backed by actual equity
> Real company operating for 10+ years
> Multi-billion $$$ assets backing the shares!

>>49281808
>eNEGRA
Who's gonna tell him?

>>49281761
oh lmao
nevermind then

>>49277864
irritable bowel cyndrome?

>>49281762
they still need retail to dump on, and retail is nowhere to be found and those left are aware and have abandoned defi. not necessary good for link, but its cleaning the space as the vc try to fuck each other over to get out

What's CCIP?
Fucking KEK, no way

>>49273521
how new are you

>>49282038
the same shit they tried to hype 8 months ago with cross chain bridges, while nobody cared about any dapps beside bsc casino

STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP STAKING MIXICLES DECO CCIP

>>49282177
>everyone cares about brand name blockchains
people care about saving money on fees dipshit

>>49281643
Kek the audacity of these rent seekers. They can keep pretending to ignore LINK at their own peril I suppose.
>it assumes the data is trustworthy because it is onchain already
Lmao no wonder ETH is still a shitshow all these years later.

>>49282454
sure. ftm, one, wax and others had virtually no fees. And, nobody cared. Blockchain is years away from producing anything of value. for now its an indian casino secured by chainlink and the way the casino runs, nobody actually needs defi or chainlink, for now

>>49282542
Once the link price matures and collateralizes some serious assets on a large scale, then a lot of these bullshit defi projects can die because they won’t be able to afford to use Chainlink.

>>49282542
nobody cared because the money in the space is so centralized if rent seekers want to maintain their monopoly they will ignore everything they cannot extract rent from like Hasu has done
>nobody actually needs defi or chainlink, for now
yeah totally bro crypto is NOT about speculating on emerging tech and getting in early it is about listening to podcasts where fags who got in early sell you things so they can dump on you

>>49282653
>we want a monopoly
>but not you, you are poor lol
>>49282680
as long as perpetuals exists and exchanges that act as counter party there is no need and no demand for defi

>>49278978
Keepers of various kinds existed before Andre.

>>49283002
>regulatory bodies swoop in
>cefis pivot to defi and decentralize whatever is regulated
>sorry big government body we have no control over that part of the tech you regulated because it is decentralized
>we do not control user funds so we cannot freeze accounts etc.
you really are stupid

>>49283036
People want an accountable counter party. A pseudnymous unaccountable DAO that is controlled by insiders and sharks, no sane person throws their capital in such a pool. The most used coins in defi are usdt usdc and other stables with legal counterparties for a reason. Tech sold as trustless isn't enough

>>49272568
We'll because LINK was an ICO boom token
It was before Vacs could gatekeep ICOs

>>49272606
Yes. How many you have friend? I'm sitting at 11K LINK its never enough.

>>49283113
true, paper laws are more important to the established money than code. I think when regulators come in the tech will adapt and decentralization is what will happen to adapt the tech and for that reason Chainlink is valuable as it is already built with that ethos in mind.

I also think there are several hard rules that can be applied to DAOs in terms of distribution and all of them fail Rawlsian mind experiments like what system would you design if you were not sure of the position you would have in that system?

>>49277517
>>49277815
We do not wrestle against flesh and blood, but against the rulers, against the authorities, against the cosmic powers over this present darkness, against the spiritual forces of evil in the heavenly places. Therefore take up the whole armor of God, that you may be able to withstand in the evil day, and having done all, to stand firm.

>>49280509
>it's that three arrows chink that is to be despised and not trusted

That faggot and Kyle both post bullish tweets while they sell. Its fucking on-chain. In modern asset trading you no longer have to pay off the news to influence exit liquidity. That faggot gets it for free now via Twitter and its targeted too.

That being said they are selling ETH if I remember correctly. Remember people like Zhu and Kyle think they are God's gift to mankind. While they are clearly more than above average people in merit, people like that tend to think they are miles above everyone else, only to realize that they are just willing to employ strategies that more moral people already contemplated and decided against because of its impact.

>>49283183
chainlink is too optimistic as the past 4 weeks have shown, it cant account for human misjudgment. I still blame the luna oracle failure on chainlink, so the ethos might be okay, but its far from the one key.
About Daos, they will sooner or later be regulated and integrated into the system, there are already dgs on the eu level that whisper about how to regulate daos

>>49280509
hasu is literally a paid shill

>>49283375
>words, words, words

You didn't actually say anything kek

>>49283375
>I still blame the luna oracle failure on chainlink

This is just factually untrue and made up nonsense.

>>49283464
the team was aware
they warned venus
venus refused to act misjudging the situation
users lose their capital

its ultimately a fundamental design flaw.
imagine it wasn't some Filipino chinese money laundering operation but a quadrillion in derivatives

>>49283515
Yes and the onus is on Venus. They didn't trigger the fail safe. Basically every other project did without an issue. Its now obvious that they couldn't handle the responsibility of running their protocol and as such they no longer have one.

>>49283375
oh you are that dude that spends 1k hours eoy fudding LINK, strange life, no?
>7 pbti
you have work to do
human misjudgement sounds very ESL, no?

You can hear whispers? Are you in the walls?

>>49283515
I don’t think a bank would be that negligent. They’d test and audit the code extensively rather than copying and pasting it from some other protocol without actually knowing what they’re doing.

>>49283561
but why make it a static integer and be in need of a fail safe if one could simply solve the issue with a simple function adding a decimal depending on last x price readings. Its just poorly designed and not addressed at all. Like just create hype pushing the next product

>>49283580
inflation high in bulgaria. pay not good. family hungry send ruble

>>49283608
>Like just create hype pushing the next product
sounds just like ETH

>>49283632
There is no money in the walls foolish Bulgarian gypsy

>>49283639
eth is more than guilty of it, no question about it. People think 2 terra chains is funky, they will rofl when 3 eth chains exist. But this is Link and if link wants a monopoly on the messaging system of the casino it needs to account for its customers retardation

>>49283608
>but why make it a static integer and be in need of a fail safe if one could simply solve the issue with a simple function adding a decimal depending on last x price readings. Its just poorly designed and not addressed at all.

You could argue its poorly designed which honestly I don't know what is the truth in that regard, but I do know that every other protocol had zero issues. There are always exceptions to the rule, but it doesn't look great that Venus failed and the rest didn't all using the same Chainlink oracle feeds. There might have been one other protocol that had issues besides Venus actually if I remember correctly but again the overwhelming majority didn't.

>>49283002
>no need and no demand for defi
>over a trillion of dollars exchanged on uniswap alone
sure thing bud

>>49283608
You don't run your business based on a superior but still hypothetical oracle design, you run it based on the design you're working with. Fitting with their name this is woman-tier absolution of accountability.

>>49283765
between 120k unique wallets in 30 days
that is not impressive considering binance alluded to something like 5% of the world population had contact with crypto

>>49283811
>trusting the binance chink over wallet stats
you are a faggot for believing his allusions

>>49283665
>LINK needs to be held to impossibly high standards because of morality that does not apply to the rest of the space
and there it is

>>49272568
>What's CCIP

>>49283778
Sorry no, chainlinks aspiration to be the key to mass adoption requires perfection
>>49283861
the number by binance is probably grossly overblown, maybe 0.5%. I can imagine 5% said they know what crypto is.
>>49283875
yes. I don't care about the other, they are replaceable, and maybe link as well. Then I wont care and fud it anymore

Is it too late to buy link

I have $50k in savings and I'm 34 and single.and desperate to quit my job some day while I'm still kind of young

>>49283665
forest, trees
could the documentation been better? yes but they are scaling rapidly and shit does happen, things can be improved. it's easy to be the critic but they are _doing_
but this is overwhelming on the two shitty forks on bsc of all places who didn't understand what they were implementing.
they apparently didn't even talk with the team despite having millions on the line. that is fucking insane
as for the design, this is what teams like aave were happy with had implemented and which they used without issue as they expected
its not like the team is just making arbitrary design decisions, they are consulting with users

>>49284018
I'd buy $25,000 worth right now and start DCAing in the rest. Unless you can handle the potential of seeing that money temporarily decrease substantially. I don't personally don't think it will but its crypto so. I remember my first LINK purchase was about $0.58 and then I watched it plummet to $0.17 within a couple months at that time. I just bought more.

Lump sum investing is supposed to have better returns than DCAing though if you can handle the volatility.

You can always sell calls or puts on LINK via Lyra.finance to hedge some risk too

>>49284129
Just a little hopium but if you subscribe to this time isn't different and this cycle will be exactly like the last... at this point in the last cycle link had bottomed out in sats already vs btc. So when btc had its final capitulation in December of 2018, link actually had a higher USD value than the summer because it had more than doubled in sats from that point.

So even in a worst case scenario in terms of the market (we are in a bear, it will be just like last time, and btc will have a final capitulation) if we literally just follow the last cycle link won't even lose any value in USD and will gain on btc from here. And this is completely ignoring all of the potential upside of things like staking/ccip/enterprise usecases. Basically this is arguably the best time to be buying link other than 4 years ago.

>>49284436
>link won't even lose any value in USD and will gain on btc from here. And this is completely ignoring all of the potential upside of things like staking/ccip/enterprise usecases. Basically this is arguably the best time to be buying link other than 4 years ago.

I think this is a good assessment. It really feels like we are rehashing the momentum from Consensus 2019 where Mainnet, Google, Coinbase listing etc were all announced back to back

>>49281762
>Personally noticed this because for whatever reason I still follow Bankless and the Daily Gwei, every fucking episode they would talk about a new project and "disclose" they've been in seed rounds.

I follow Bankless and I do see that they're advisors to a number of different projects.

>>49272568
>>49272568
they didnt miss it, they skipped it because its fucking shit

>>49284018
Dude, my average buy was at 40 cents, my lowest buy was about 25 cents and my highest buy was $33.00. If I were still working, I'd be jumping for joy at these prices.

Read over the posts and go through the twitter links posted to get a grasp of how big CCIP will be.

Ethereum is going to have a very very difficult time justifying its value post CCIP as it'll be a race to the bottom for all blockchains to be hosting the main contracts for each dapp. All the while, Chainlink will be the toll booth for every command, and every transaction in the new generation of dapps that work cross chain.

>>49281613
congrats you figure out how kikes invest

>>49285321
Of course this is assuming we aren't in an absolute worst case macro scenario where we hit a long recession, or even potentially a depression, but in that case there's very few solid investments to make anyways, and link will still be one of the first crypto assets to see the light of day after.

>>49275042

>>49272568
because racist chudcels were invested so everyone naturally ignored

>>49275308
Lmao.
>If everyone uses the cosmos ecosystem then CCIP isnt needed!
You really don't understand

>>49285985
Nicely put

>>49285985
I can't see how we can fail really. Virtually everything is going to need the Link token, going forward, and I feel we'll be laughing regardless of the economic climate. The system needs to function and well soon own part of the infrastructure

>>49285985
Oh sweet baby jesus, that felt nice

He does know, hes probably trolling to piss of linkies.
Keep in mind his part of the crowd thats into flashbots, Maker, and even once made tweet against LINK due to CipherTrace

>>49281762
Yes its a shitshow of grifters and bloody basterd psyoppers trying to squeeze out every drop from retail. The list goes on and on
3ac, bankless, "twitter influencoors", alameda, etc

I think people don't realize that since 2019 everything is fucking stacked against you. The house always wins. early investors arent really that smart either, which is why some of them got fucked on LUNA. In crypto if ur early u pretty much get the chance to dump on everyone as long as it doesnt go down luna/bitconnect style

LINK is unironically the best to accumulate

>>49285985
This right here. There used to be this high iq spoonfeeder guy who mentioned a little about this

Basically the value capture of l1s is much less when compared to the input/outputs that comes through the CL network. L1s usually have a race to zero (due to minimizing gas cost for competitiveness). Add to that some of them have shitty tokenomics and vesting schedules. Emperor has no clothes

>>49286807
True, but the macro/economic climate is going to be the real test and FUD for link (in terms of price anyway).
network and stuff will grow but things don't look good for any risk-on assets (yes crypto is still risk-on) for now.
probably will continue slurping and stacking once people capitulate due to psyops from trannies overhyping consensus or something again

>>49278477
>stops replying after chainlink is mentioned
Why does this keep happening?

Why doesnt anyone talk about Link, and if they do people have to pry it out of them?

Its absolutely mindboggling it isn't talked about more

>>49286891
Because most are eth maxis/grifter fags and they know clock is ticking and LINK unironically mogs all of this shit post ccip, post arbitrum

just check the old archives of mev threads when people started digging into why these fags got their jimmies rustled on that

can u imagine it tho?
prior to link mainnet eth literally useless
prior to arbitrum scaling was meme

now u have fss that tackles mev, ccip that promotes a multichain ecosystem (protip maxis dont want that), and capture infinitely more value than muh triple ultrasound money reddit onions meme

>>49286951
Thanks, Im a midwit that invested in 2018 by listening to people much smarter than me lol

>>49273121
Depending on if you are a newfag analyst or a shitbag founder or partner that thinks muh Luna Terra GUYS!!!! HECKIN ALGORITHINO STABLECOIN BY A CHINAMAN!!!! HECKIN TO THE MOOOOOOOOOON

>>49276619
How high will ftm go?

>>49286891
o think its literally because its teh case of "teh retarted autist racist frog posters from 4chin were actually right, and actually right baout the tech too" not just getting lucky on a literally ponzi like all the elon dog shiba coins and such

>>49283162
What would you do if you’d lost $15k initial on shitcoins and now only have 200 link, with $8k cash to spare

>>49277517
You are gay

>>49285985
I’m a noob at life so I need to pose you and other posters in this thread this question: I take home $3700 after tax every month. I have 200 link and $15k in savings. How much link should I buy now and dca with from now on. I’m scared

>>49286882
>

So sell my FTM for link?

>>49287760
200 is a joke. Bright side is… you can easily multiply your stack. You should really buy 10k worth and have 1,500 link. That number probably puts you at the bottom rung of making it.

>>49287760
Id try and make it to 1k link personally, then make small purchases as time goes on

>>49287925
If it went to 100usd, and you only had 20k dollars instead of 100k, would you be annoyed?

>>49287964
Huh?

>>49274851
Keep coming across ICP for their NFTs but the most NFTs I've ever gotten before was from MUST's P2E. Kek. No idea if the other is worth it

Hasu you fucking blind fool, can't see it when you're being told it.

>>49274682
>>49281929
>>49282177
>>49282542
>>49283002
>>49283113
>>49283375
>>49283515
>>49283608
>>49283632
>>49283665
>>49283811
>>49283960
>someone actually pays this retard to write this garbage
>once this thread is archived he'll go back to pumping out 6 fud threads an hour that no one ever sells over and he has to samefag to keep alive
the absolute state of you

>>49272568
I can't stop laughing at how irrelevant this memecoin's "fundamentals" were all along. Nobody actually gives a single fuck. Lmao.

>cause they went over to Hedera
>they liked it
>theyre staying there
>even started funding HBAR foundation with billions of dollars

>>49287643

So right now you can have a bit over 1200 LINK. Buy up to 1000 LINK and use the remaining USD to sell LINK puts contracts. You pick the strike and if the price is at or over than you must buy their LINK at the strike price. Its its under the strike then the put you sold expires worthless and you keep the premium for selling the put. Either way you keep the premium but if you are force to buy the LINK you get a discount.

I'd learn about options a bit more but its what I would do. People don't realize it but options are about hedging risk not creating further risk but they can be used improperly

>>49288659
Wait what u can sell puts on link?

>>49272568
Their entire business model is making “can’t lose” back room deals where you are literally guaranteed free money at seed, to dump on retail.
Chainlink didn’t play that game so they completely ignored it. I read recently that the average VC buys 0% on secondary markets. ZERO. They literally aren’t buying anything for sale on exchanges because they don’t have to.

>>49288682
cough lyra.finance cough now delete thread kek

>>49272606
only if you hold pnk too

>>49286882
>This right here. There used to be this high iq spoonfeeder guy who mentioned a little about this

I know that post you're referring to. I wish someone would post it. I didn't want to believe it at first, but the more and more I think about CCIP, and hearing about that prediction that other L1s will become L2 rollups and those tweets about Uniswap becoming its own chain, it becomes harder and harder for me to justify ETH's importance as king of the industry. We won't be in a multichain world for much longer, it'll be a cross chain world and Chainlink will power it with the Link token as the gatekeeper. That poster was on point.

People don't care about security. Or decentralization. They just want something that works, aka low gas fees and good transaction speeds. We're fast approaching a world where people interface with the application first and choose a blockchain later, it's going to be difficult to sell security as it's like insurance, you want it when you need it and don't think much about it otherwise. On top of that, the rollups basically don't compromise on security but it's hard for me to surmise its effect on ETH on whether it would drive the value of ETH up.

>>49286807
This is why I never seriously invested in any other token than Link. Everything is going to use Link so why bother invest in anything else right now?

>>49287760
Anon, I've been investing for 4 years and I don't know shit about 'dca'. I will tell you that Chainlink is the blockchain equivalent of the WWW, HTTPS and TCP/IP equivalent. When I buy Link, I bought them with mindset that they will support my great grand kids should I start a family in this world.

If you are asking what you should do with your money, go read this topic over and think about what Chainlink will be in the future and what you would rather your savings do for you.

>>49288928
>People don't care about security. Or decentralization
I’m so tired of this line. Retail ape retards don’t give a shit about that stuff, because they’re retards, and their total market value is a drop in the bucket.
Institutional operations DO care about that shit, a lot. Do you think they are going to settle global derivatives on BSC?
Literally everything happening in crypto up to today is prologue. The prize is not winning retail faggots over for 6 months with flashy marketing and token emission. The prize is acting as baseline infrastructure for trillion dollar payment flows, at which point literally every degen, ape, founder, influencer and all the other faggots instantly become completely irrelevant. ETH has a good chance to address the mature institutional market. LINK is guaranteed to. That’s why LINK is the most important project in crypto.

>>49281329
When you shine a light on rats they scurry.
The second you turn the light off they return

>>49289040
What about PNK?

>>49289040
Luna collapse was healthy, a lot of people starting to realised how important security is, except for zoomers

>>49282398
Very impressive.

>>49287971
You’re dumb.
Hold onto all of your money.

>>49288928
i know the posts your talking about. i didn't save them unfortunately
and i think eth will retain its security properties. but the thing will be that people can use arbitrum with fss to ensure fairness. then that it just written to eth mainnet which will be reduced to a settlement layer. no more mev mafia.
chainlink will run everything

>>49288928
Do you have any predictions/estimates regarding price action

>>49289040
>Literally everything happening in crypto up to today is prologue
This, and i couldn't agree more. Everything you're seeing right now is setting the stone for the big revolution that cryptos are. What, you thought that a big market revolution that could potentially replace fiat money will come in a decade? Ha. No, this is just a major first step we're taking, but itll be at least until 2050 to get a crypto with mass usage that really leaves fiat money behind, until then everything you see is just baby steps, like the first steps of a revolution, laying the groundwork. DAGs are a first step, and a major improvement from traditional blockchain like BTC, and if you see memecoins like VINU pumping it's because, even in the memecoin community people already realized that transactions speeds are ultra fasts, and have already started choosing those instead of the others (like doge). So even in that area an evolution is begining.
Imagine what the future holds for us in a decade more.

>>49289040
No point in explaining it anymore. It’s in the name itself. What is the point of crypto if it can’t seamlessly interact between chains and with global data? Hurr durr, my crypto goes up because it’s scarce and “decentralized”. It has no fucking utility outside of that. The entire space changes once people can utilize that scarcity and decentralization to interact with actual communication that even a fucking monkey could do. BSC? Literal Casino. Polygon? Jeetchain that will never have institutional use. AVAX? Seemingly legitimate, but still questionable. SOL? Shuts down all the time, will not be able to guarantee 99%+ uptime. ETH? As close as we get to actual freedom to use your “value” but get sniped and exposed by MEV and bots. BTC? Doesn’t work to it’s full capability unless it’s value transfer is guaranteed without hitches, or requiring external wallets for institutions. The entire operation needs to be frictionless, with an interface everyone can use. To put it lightly, a fucking standard. Congratulations, the fat man has been saying it all this time. Enjoy the ride.

>>49289181

>>49289181
>>49289204
>>49289245
>>49289248
10 days it is happening.

link is shit sell it retards its going to zero

>>49290632

No I don't think I will