/biz/ - Business & Finance

It would be called extortion not blackmail those fucking knobs deserve to get bled dry

they'll pay cause i says they will

are they switching away from the heartbeat pricefeeds to function-call price feeds then? or gating the heartbeat behind a registry? I'm assuming it will be the former, but would be nice to know for sure

and just like that, the token price went mild

>>54340472
https://www.youtube.com/watch?v=b8G0ni2TTac

>>54340472
I want to see a post of the blog esplaining their new fee structure. Right? They used to be a public good, now nerds must pay. This is a sea change. Notice Pissrael is rioting and causing a ruckus. Not a coincidence.

>>54340472
they are going to pay
they are all going to pay

>>54340472
It amazes me how fucking retarded the average CT user is. They always, always have an overinflated ego masquerading as a high IQ individual. But they always end up exposing themselves for being the utter retards they are. You need to include his Home Depot analogy too, unironically deserves the death penalty for being so retarded.

>>54341188

Time to move on.

>>54340472
How is it possible for Chainlink to get to 81K per LINK? Is it just a meme or will this really happen one day? I can wait 20 years for such a return.

>>54341902
I notice only scam coins and ponzi schemes are complaining about this

>>54340621
Do NOT fuck with Ari

>>54341938

Legit projects know it is an overhead, and likely also understand the value of Chainlink and what it does and where it is going. Those projects devs probably invested in the token already so are kinda hedged for it

yawn buy another ad

>>54341902
Longy just BTFO him

it seems like you niggers have your work cut out for you. every new chainlink feature seems like it will open up new territory for mev
https://twitter.com/TarunsIntern/status/1640068426881462272
>decentralized sequencers not chainlink fss
>bridge mevcomics

>>54342065
>look at mevnigger’s thread
>see this
The rope isn’t enough for these “people”

>>54342078
These "people" are more trans positive than you will ever be anon face it crypto is exclusively tranny territory now its over

>>54341968
ari is a pedokike brainlet that hasn't and never will do shit

>>54340472
It's funny how 5 years later the selling fire insurance meme came full circle and it was only until the writing was in the wall that these cucks saw it.

>>54342122
What do you mean it isnt free forever?!?

>>54342127
I cbf finding the screencap but an anon spoonfed this all long ago. I think the white paper even said it but I never read it kek. I think we are nearing the end game.
>subsidise nodes
>burn down competition
>get everyone hooked
>once you're the only player in the game
>charge them out the ass
Either projects play ball or they don't exist.
Wgmi.

>>54341972
Unironically I follow a lot of new projects on Matic, Avax, Fantom, Harmony(has no new projects but one that is just reintegrating link last month or so), and I don't think I've ever seen a dev not buy any necessary link on a dex.
Of course that doesn't mean they don't own link on their own. No way to know. I just follow the deployers for obvious reasons and don't care about Sarginder or Vazily's personal port from their (mostly)shitty projects.
What happens with this if link goes back to $30-40(actually asking as I've never witnessed things on this level since back in 2021 i literally didn't know how to read etherscan desu and just held and spent too much time here kek)?
Ones that use the VRF will be fucked, but that seems pretty rare relative to the price feeds.
I actually don't understand price feed pricing kek despite having seen a lot of shit where they send a few link to some node
who btw mostly tend to bridge back to eth and dump - NOT SERGEY -
but I'm not going to name names if that's what nodes need to do to keep the lights on and the daily hookers and blow at acceptable levels
after all they do save Chao Ling Xiao's project from getting fucking justed as often happens when they decide to ignore what I assume to be some link biz dev nobs who reach out to get them to bend the knee

>>54342065
>https://twitter.com/TarunsIntern/status/1640068426881462272
GOOD
by then i'll have learned enough to finally extract some of that fucking value to the maximal extent of my abilities. and if chainlink makes it possible then i'll fall in love with her more than i even thought possible

>Trump proves the election was stolen
>bakhmut falls
>chainlink moons

Which one first, /biz/?

>>54342280
The first and last will happen and will coincide with world peace via assassination contracts for all warmongers.

>>54342280
>ari sucks his 10,000th baby cock
that will happen first

>>54342268
lmao bro you have to chop your dick off AND learn to write essay long apologies to hide your guilt and even then there is no guarantee they let you in their club
>they do not want you in their club
it was club mev all along

but how are they going to stop anyone from reading from price feeds? unless they change the request model i can just read the aggregator contract and nobody can stop me

>>54342491
Rory will stand between you and the price feeds / poke you with a stick until you pay

Please God let them try using BAND.
Please God let them try using API3.
Please God let me have the day off when it happens so I can sit in here and laugh my ass off.

>>54342491
The guy in OP's project (OHM) obviously has custom DONs set up by Chainlink, like most users.

>>54342491
funnily enough i've seen a lot of devs seemingly completely miss this fact
or they're actually scared/think doing that would negatively affect the coin or something. which kinda makes sense. so there's that too

>>54341968
t. methhead

>>54342858
see >>54342767

Ready any public feedback from Chainlink users (especially during harsh market conditions) and it's clear they're getting all kinds of behind-the-scenes services from Chainlink, without which they wouldn't be able to operate.

>>54342280
backmutt

>>54340472
>needing to pay for a service is blackmail

>>54341902
Based longy

>>54342880
kek

>>54343073
best thing how he is coping about just parsing a price feed
well if it doesnt matter just do it yourself you probably have access to some price apis
lets see how well it goes

>my app relies on these pricefeeds but i dont want to pay for it
>never mind they are shit anyway
>why are you blackmailing me

>>54343592
Why should they pay for it, charging for these kinds of services is entirely against the ethos of cryptocurrency. If chainlink labs truly cared about crypto as a whole they wouldn't charge these exorbitant amounts for what is an essential service.

let's see how important link really is. my bet is that there will be plenty of competitors just copying their BSD source code and undercutting them on price

>>54341924
>smart contracts get adopted widely
>link gets locked up for staking
>companies need to buy what circulating link there is
>price go up
>higher value contracts require higher value security
>buy more link
>price go up
>people using chainlink functions have to pay in LINK
>price go up
Its not even a crazy possibility to be honest. juts needs mass, industrial adoption of DLT which big business seems to be just dipping their toe in at the moment, rather than going the whole hog. Theres a lot of reasons why - security concerns mainly - which Chainlink helps, but also massive areas of these peoples companies will have to be re-tooled and re-skilled in the future it will take decades.

>>54343620
Chainlink really isn't that important. It's not too difficult to fork the code and make another oracle project, it's just that crypto devs are lazy and there's not much money in oracles (as we've observed for the last two years). Expect to see a rise in oracle projects that work better and charge less than chainlink does.

>>54341938
Obviously. Chainlink ends their scam. Fuck them. They need cleaning out. Use chainlink, pay for it, or your project dies. Only the strong will survive this marketplace.

>>54343655
>Use chainlink, pay for it, or your project dies
The fact that chainlink is holding the entire crypto space hostage like this is just disgusting.

>>54342127
We'vve been saying on here forever that it wouldn't be free forever. Sergey was going to give them a taste and get them hooked then make them pay we all knew it.
>>54343620
They will. They will all get hacked. Every one of them. Every time so far someone has tried it they have failed on security. Its not easy to replicate genius level architecture even if someone gives you a blueprint.

>>54343663
Its not holding anyone hostage. Its just a fact of life. Drink water or you die. Chainlink is throwing people a rope to survive in the ocean. Take it - or don't - and you drown. Why do you think their services should be free?

>>54343663
But you said the token wasn't needed. Were you wrong?

>>54343675
>Chainlink is throwing people a rope to survive in the ocean. Take it - or don't - and you drown
>Why do you think their services should be free?
If someone threw you a rope while you were drowning in the ocean, would you accept to pay $100k for it?

>>54341972
>Those projects devs probably invested in the token already so are kinda hedged for it
That doesn't make any sense, since currently all the projects actually pay Chainlink Labs in USD, and CLL is the one that then pays LINK to the NOPs.

>>54342280
First and second is never going to happen

So im going with LINK 1k eoy

>>54343710
Yes. What part of token needed dont you get?

>>54343650
my thoughts exactly. the same happened with elasticsearch when amazon forked it. devs love the convenience, but if you start charging for a previously free project, they are gone (except the few huge enterprises that can't change, of which there are non in links case). what link is doing is trying to apply the blitzscaling playbook to crypto. if we ignore the blitz part (6 years), that business model is on it's way out exactly because customers are getting wise to it and are more flexible hopping services

>>54343710
Yes? Would you rather drown

>>54343663
I think you’re baiting but
>holding the entire crypto space hostage
There wouldn’t be a crypto space if not for chainlink. If your project is only viable because of charity from chainlink you’re basically a bigger on government gibs
>Sergey be opressin us n we din du muffin. Gibs me dat oracle fo free or im gon big out in public
Fucking kek

>>54343675
wait why wouldn't they just drink the ocean?

>>54343606
Why should I have to pay for electricity? That goes against the ethos of being in a first world. Why should I have to pay my water bill? Why should I have to pay for internet? Why should I have to buy groceries? Why should I have to…? It’s because you’re being provided a service that keeps your life/operation running smoothly. You asked for something to be done for you, what are you gonna pay with? Just pat on the back and a trident layer? You pay with what the provider requests. And in this case you’re getting price feeds designed specifically for your project that allows it to be used for numerous applications that guarantees security. But oh no, you’d rather pay yourself several hundred k per year and pay some corny Twitter personality marketer 200k to show up in spaces to talk about your shit. Go pay for what keeps you operational instead of luxuries.

>>54343650
>chainlink isn’t important
>>54343663
>chainlink is holding the entire crypto space hostage
HAHAHAHAHAHAHAHAHA

>>54343606
as much as obvious bait is obvious
that's ironically closer to how it's actually been now for years
but linkies backs are broke carrying the whole space
either man up and carry your own shit and live with the consequences should you fall.
or just pay the fat man his money.
he accepts usd, link, and bigmacs*.

*bigmacs that are less than half eaten, recovered from within a refuse receptacle, or found typical mildly soiled ground or floor area are acceptable as long as you are strict about upholding those conditions as part of the contract. a single burger that has less than 50% remaining, visible feces or are otherwise objectionably soiled are immediate grounds for triggering the chainlink function that controls any and all access to your services.
you may appeal this decision once by using one of the many web2 function integrations to sign and upload a video on youtube that details the explanation behind the substandard mac payload.
judgement typically does not go towards those who do not meet those strict standards however. so best to avoid being in such a position in the first place.

>>54343765
Excuse the autocorrect
**NIGGER

>>54343606
so will eth be gas free in the future because I don't really see a need for charge people to use a system that's supposed to be beneficial it goes against the grassroots punk nature of the cryptospace

>>54343815
ideally, yes. But why bring up eth when the discussion is about chainlink.

>>54343777
Checked.

>>54343819
Because Chainlink is an ERC token, mr baiter.

>>54343819
well i dont see much difference between the mev eth grift scam people are convinced crypto needs tokens but Arbitrum uninstalled their tokens but some bad crypto mafia guys said no no you can't do that so they installed a token that's not needed recently and thus is exactly what chainlink are doing installing unneeded tokens to pay for problems that don't exist like charging people for jpegs and making them connect to a blockchain just to use vidya. These are all unneeded tokens but only BTC is capable of turning a really high electricity bill into severe torture for the government and the bankers. yeah I mine BTC and I pay my energy bill AND I call them up on the phone and torment them lol lmao even

>>54341902
So essentially, chainlink becomes the only used bank for safeguarding trillions of dollars. What's stopping them from abusing their power by installing a government smart contract kill switch once their have sole ownership of the entire crypto space? Nothing. They work for swift and the institutions.

>>54343940
same argument applies against btc being a tool of the energy companies
>as long as two people anywhere in the world are paying a really high electricity bill the btc network is safe
I have been a wfh btc miner for years and I know I am causing the bankers and the government signficant stress and anxiety every time I pay my electricity bill they're nooo don't consume ze juice stop it you're hurting us!

https://twitter.com/Resist_05/status/1640172796797140992
sounds like ya'll need a stark raving lunatic of a boomer to teach you sone sense about the dangers of fanatical Bitcoin cultists and their dreams of a cashless state
no i wont heat my pod with a bitcoin miner seeth

>>54343642
Thanks anon. So I just need to hold my 150 LINK until they are worth $12150000. This is good to know. Even an Indian gentleman like myself has a chance.

>>54343667
It's true I remember years ago people saying the exact thing, were gonna make it bud. When link hits triple digits biz is going to be a fun place

>>54343866
Arbitrum not needed unless they really do some interesting governance I guess.
Link kinda sorta needed in the sense that it is definitely used and needed in with the current state of things, but part of me wonders if say for example link was a governance token, if we could collectively just explore different ideas of making the value part of the network as optimized as possible.
There's probably some good ideas out there and I'd like to at least make sure whatever this model is at is stands with no real staking yet(as originally described) is really the best we can be doing now.
For all the effort that gets out into the tech, there's that whole hybrid tech/economics part that seems under-explored.
SEC being an issue as often mentioned, which is why I say more modular organization with the community at least trying to come up and take the risk for and off the company...even if the ideas all end up dogshit, or they're actually decent but we had the golden ticket all along, still great outcomes imo.

>>54343940
Because its decentralized you nigger. Government wants a kill switch? Bribe the node operators but oh wait you cant.

>>54343819
Bitcoin was free iirc for a while.
Then it was pretty close to free but not free.
Then you had the original but fake VRF SatoshiDICE absolutely raping the chain because degenerates had not much else to degen on. Took up 52% the bitcoin tx at least, if not more.

>>54343606
>if eth cared about crypto, they would make gas free
>if btc cared about crypto they would make tx free

>>54344177
if the government wanted to they could lock down everyone again and execute everyone involved in crypto either by covid vaccine or chemtailing them in their homes with Amazon drones

>>54344147
>Link kinda sorta needed in the sense that it is definitely used and needed in with the current state of things, but part of me wonders if say for example link was a governance token, if we could collectively just explore different ideas of making the value part of the network as optimized as possible.
current value is 7.12 . crypto is a scam to get people ready for cashless societies and everlasting lockdowns powered by willy honka

>>54344177
you unironically can do that though

>>54340472
>>54343606
>>54343650
>>54343663
>>54343710


See latest OC attached. Hope some anons here save it. Took me 1000+ in MSpaint

>>54346284
baste

>>54346284
Saved

>>54340472
How much revenue does this translates to? Will Sergey be done dumping the token because of this new added revenue?

>>54341924

never. it’s a fucking scam

Chainlink is going to be essentially necessary when some pajeet uses ai to scavenge on peoples projects

>>54343606
>>54343650
>>54343650
Kek, just stay out anon

>>54344334
>source: I made it up.

>>54346284
i thought this post was nice and succinct if you wanted to include it
>>54344210

he flipped the dumpswitch
FUCK!

>>54342192

>>54348795
>gangster shit

>>54340472
I think I’m not the only one on here that realizes that the Chainlink discussions on twitter aren’t organic at all.

A complex mix of paid shills and bots post memes and start conversations. Real users browsing twitter think these convos are real and start making convos themselves. Then when things die down, the bots and paid shills start again to capture new bagholders.

>>54348993
I'm so happy schwab poster is back

>>54348009
the source is the chainlink 2.0 whitepaper

>>54341033
next time they'll think twice before they say
"that fat fuck sir gay"

>>54341902
holy shit that was cathartic

>>54341924
its as possible as LUNC reaching 1$, its theoretically possible but will never happen

>>54344334
The tier 2 network isn't going to be one dude where any contracts that matter are concerned.

Wow so now 90% of all of chainlinks "integrations" and "partnerships" will crumble away since most of them are just random jeet coin nft scams who wont be able to pay.

Why do Link marines get so angry when you call them "cuckolds"?

>>54343752
Same thing happened with uber, they gave cheap and free rides focusing on growth to dominate the rideshare market, never turning a profit. And it failed massively when they raised prices because now everyone just uses whichever app is the cheapest and lyft ate a shitload of ubers userbase.

>>54351281
“The truth is like poetry, and people fucking hate poetry”

>>54351308
And even worse, Uber actually had a product (rides). Link doesnt sell anything, it just raises funds for research.

>ahhhhhhh im raaaaaaaising
>i i im gonna raaaaaaaiiiise

>>54351226
This, can somebody get a list of all integrations? How much projects are using chainlink’s price feeds and how much of them are expected to pay to 100k a year fee. Want to know if this is actually going to generate a good amount of revenue or is just another nothing burger

>>54348795
Oh no Chainlink flipped the switch and I have to pay now? better shutdown my scam shitcoin nft gaming token company and retire in sea instead of Luxembourg

>>54353560
https://data.chain.link/
https://www.chainlinkecosystem.com/

>>54351226
Yea but who really cares? If they're driving revenue and weeding out scams then good for them.

>>54353560
the main thing to realise is that the settlement layer isn't that important and particularly as l2s harden
what IS important is the data powering the dapp
and that is what chainlink provides

>>54348993
what a BEAST

>>54343606
>t.

>>54342192
No one gives a shot in a bull market. They don’t use link feeds anyway when they rug you in a week.

>>54343606
>ethos of cryptocurrency
That’s a big talk coming from pedophiles and junkies.

>>54353627
Well link shills always love to point out all these growing integrations and cope metrics like TVE. When in reality theres actually only a small handful of serious projects using it.

>>54346284
nice

>>54343710
>dies

>>54355584
>When in reality theres actually only a small handful of serious projects using it.
Yeah looks pretty unsaturated so far

>>54342280
Chainlink doing major greens would be a great sight anon, I have a fat stash just in case which I added to my FIL, MATIC and SYLO holds for future gains