/biz/ - Business & Finance

>awareness phase

>>56825720
cool, ill take out more this bullrun and reinvest

Dont worry boys, those “build rewards” should be released in time for your funeral

Anon, real talk: why do you share your screen caps here? What makes you think anyone here cares about what those literal who's are saying?

>bargaining stage

>twitter light mode
opinion discarded

>>56825730
>gamestop

Because they wont have revenue for at least a decade, theyll be forced to sell off any pumps to support cash burn on 1,000 employees. I wouldnt expect a big bull runup

>>56825720
>>56825729
>>56825741
>>56825767
WOW, you're telling me governments are inefficient and it takes 10-20 years to pass regulations? WOW i didn't know that, even though Sergey and Eric Schmidt both told us verbatim "it will take 10-20 years, regulations are the key hurdle" at smartcon. thanks to this SHOCKING AND TOTALLY UNEXPECTED FUD, i am now selling my link ticker chainlink tokens

The lack of regulatory clarity is a problem more for the US than for other places. You've got the fed, the treasury, the CFTC, the SEC, etc. Is ETH a commodity or a security? Still unanswered. Exempted securities on private chains seem to be OK as long as proper records are being kept and you have a throat to choke. Don't confuse the slowness of these large financial institutions with apathy. They are anxious to begin using this technology in production but they're slow and methodical. They don't 'fail fast and break things'. When you hear about it in the news it'll already be done. Momentum is building but almost all of it is behind the scenes. A lot is happening in the private market space because people are applying these technologies where they can actually be used without excessive concern for US regulations.

>>56825720
>>56825729
>>56825741
>>56825767
>cellphone screenshots

>>56825720
>>56825729
>>56825741
>>56825767

Literally a bagholder coping cult now.

>>56825847
>meaningless babble
This one was prophetic

i am comfortable with a four thousand year hold

>>56825720
It doesn't matter if LINK is a 100 year hold. LINK went to $56 on nothing. Now, with all the partnerships, CCIP, etc. that NO OTHER COIN has, and you think it won't go parabolic this bullrun?

LOL

>>56826083
You realize if it 2x’s prior ath market cap, it would be mid 50s. This is absolute delusional best case scenario. Realistically you’ll see $20-25 in massive btc run

>>56825847
The 10-20years scenario is when everything runs on web3 through smart contracts, sergey has mentionned several times that the short therm scenario is both defi and private chains will be transacting toguether in their own islands using CCIP and eventually will merge into one global internet of contract .
Picrel explains it as well , it will be a gradual ramp up of tokenizing different securities and bonds and i think the first implementations will be happening soon.

>>56826316

>>56825760
LATEST NO POOLER COPE JUST DROPPED BASED KIDDOS CHUDDIE

LPL DID YOU MISS OUT CHAD?

POOLS CLOSED CHAD SEETHE

Not sure why anyone is surprised when at last years Smartcon Sergey said it'll take decade or two

>>56826254
>he still thinks le btc is going to le moon cuz of le halvening

>>56826653
doesn't matter if it takes 500 decades. Number go up much high this cycle

OK so I have infinity years to accumulate my 1 million link make it stack by making gains off other tokens first. Got it.

>>56826036
>nobody uses or cares about
Just not true at all. Broadridge distributed repo is doing a trillion dollars monthly. Goldman reducing bond issuance times from 5 days to zero days. If crypto twitter is your only window on what's happening then you probably think blockchain is just ponzis and useless scams. If you're in the enterprise/fintech space then you're aware of the cost savings, efficiency improvements and risk reductions which are enabled by this technology. It's massive and it's real and everyone is talking about tokenized RWAs. The novel use cases come later. Right now tradfi is just translating existing processes into a new form, like we did with paper mail -> email, typewriter -> word processor, paper ledger -> electronic spreadsheet and so forth.

hurr durr I go on twitter and I think I know what's going on. Holy shit. Dumb fucking faggots.

when they say this, even giving them the benefit of the doubt and assuming they are correct, they mean it will take 10-20 years for chainlink to completely tak over the financialm zeitgeist and transfer quadrillions of dollars a year in value, at which point LINK would be the most valued stock/coin/anything in existence, with 1 link above 81k in value

this says nothing about regular hype and market cycles driving price, and the gradual adaoption.rise in price. link will be worth 3 and 4 figures far sooner than that

>>56825720
I wasted 7 years lmao! Now i get to waste 8 more in abject mental illness and poverty.

>>56826947
you owe taxes :}

>>56826254
Hey, I noticed that chart is a couple months out of date.

>>56827012
Top kek

>>56826794
>>56826799
LATEST NO POOLER COPE JUST DROPPED BASED KIDDOS CHUDDIE

POOLS CLOSED CHAD SEETHE

>>56825767
SWIFT just giving linkies nice little head pats here and there for their school science project. Cute.

>>56827050
soo LINK is just like ETH... good to know :^)

>>56827050
At this point I’m really starting to wonder if Sergey really just wanted to make a quiet exist and is basically stalling the chainlink network. He already has billions of fiat in his treasury which is enough for a comfy life of gaming. He doesn’t strike me as particularly ambitious and last smartcon he looked like he was basically mocking the audience so I’m losing hope.

Sergey has at least $5 billion in his treasure. That’s enough to pay 500 employees $150k per year for 30 years and pay himself 50 million per year for the next 50 years.

The lack of revenue information and updates are not reassuring either. 7 years to ship CCIP? C’mon dude

>>56827128
>Sergey has at least $5 billion in his treasure. That’s enough to pay 500 employees $150k per year for 30 years and pay himself 50 million per year for the next 50 years.
Strongest fud I’ve ever heard. Does he really have that much fiat from dumping millions of link?

I’ve noticed almost every anon thinks chainlink is a sure thing while the network hasn’t had any significant revenue and the startup can still fail like 99.99% of them do

>>56827128
You make it sound like he is rugging while not giving the appearance of doing so. He's mentally spiritually pulled the rug so to speak. Sounds like a pretty sweet life, he's just gotta string people along to minimize trouble for himself. The only reason to stall is if he doesn't take it seriously himself because at some point chainlink's critics made an argument that struck him as true? But I don't know enough about this shit, other than familiarity with how long it has been shilled on biz.

>>56825720
>>56825729
>>56825741
>>56825767
>>56825788
>>56826036
>>56826254
>>56827050
>>56827191
fudcuck
noun
fud-cuck
plural fudcucks, kekfuddies

1: a misguided, unpaid, and disgruntled personal assistant to link holders and stakers
"I just woke up! I could clean up the smegma scented basement I live in, but today I need to spend 8 hours angrily keeping biz up to date on my latest headcanon!" - your average fudcuck
2: an angry retard who lives on biz and is bitter about selling at a loss / gambling it all away on a lending platform: person affected with extreme intellectual disability or emotional instability
3: a mindbroken, low testosterone ESL "male" - usually from a third-world country, who found biz after 2021 and is obsessed with the investments of other men and feels a need to always post about it

The terms fudcuck, kekfuddie, and their derivatives are currently used as technical descriptors in medical, educational, and regulatory contexts. These uses are broadly rejected by fudcucks, mostly because they find them incredibly offensive and upsetting

>>56827673
LATEST NO POOLER COPE JUST DROPPED BASED KIDDOS CHUDDIE

POOLS CLOSED CHAD SEETHE

>>56826703
Yeah as I said it might hit $50s. That would be absolute best case given the horrendous inflation. Realistically though it will see $20-30. You’ll still make money but the god awful opportunity cost is the problem

>>56826799
>reality ends where my feelings begin

>>56826794
And yet none of that tech involved buying scam Russian altcoins

>>56827066
>MY altcoin is the next eth because its MINE

Too late. You arent getting eth gains no matter how much you cry about life not being fair

>>56827128
Good points. On the so called treasury money though:

A) theres no confirmation anywhere to verify what they actually have. TRUTH OVER TRUST lol

B) I suspect the team lost a shitload in Celsius and never disclosed.

C) they probably have a ton of other expenses outside of labor, ie all the lavish events, ESG training sessions, bribes for big names to associate, legal fees, etc.

For these reasons theres a lot less than people think, hence the need to keep dumping more and more. But its all good, just trust them

>>56826794
anon where is the network fees, why are we in v.02 of staking. the proof is on chain and no one is using the shit

>>56827191
>babby figures out the altcoin grift

Congrats, youre still a lot earlier than most of the idiots here. He just needs to set aside a legal reserve for the eventual collapse and he’ll come out fine. After all, coin holders have no legal rights

>>56825741
that screenshot is supremely bullish
it means i will get yet another shot to sell the very obvious btc halving top and then buy back so many more linkies a year later before links inherent developments and network profitability will decoupled it from btc and predictable behaviour

anyways this entire retarded thread
noooo you cant buy an asset early before its all out and open
you have to wait until speculators already pumped the price before buying in, buffett says that is the strategy to investing success

>>56825741
Oh no no no , the absolute state of Linklets!

>>56826316
>>56826326
>beyond proof of concept
so now they have to sell it? this are bearish slides you daft twat

>>56827012

wow, what a huge difference

>>56825720
I kept telling retards this same thing over the last 2 years and was called a "fuddie". Real pump money is in crypto, not in legacy crap.

Didn't read anything in this thread

Never selling cope seethe dilate

if 1 bank "adopts chainlink" then we should see increased revenue. until that happens its pointless speculating about 10's or 100's of banks adopting chainlink.

link's revenue thus far is that of a failing tech startup. they are massively unprofitable and funded purely by bagholders. easily 10-20 years away from chainlink becoming profitable, if its possible at all.

>56831658
>just ignore the fact that link is up 100% this year!

>>56829174
>>56832090
>>56832150

How many coins do you own? I want to calculate the massive loss from ‘21 due to cuck cult

Here’s a sample using 10,000 coins

Youre down $400,000 because youre a cuckold, ouch!

Chainlink: a tradition of grifting. It seems like it’s second nature to them. No one should be suprised given NXT’s history

>56832212
They are tokens, not coins esl faggot

>>56832212
reading comprehension: negative

>>56832374
Fuck off Thomas you loser.