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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 140 KB, 659x940, USDC.png [View same] [iqdb] [saucenao] [google]
11947385 No.11947385 [Reply] [Original]

WTF IS GOING ON

>> No.11947397

Whales buying link

>> No.11947396

HMMMMMMM

>> No.11947401
File: 533 KB, 809x1765, chainlinkprivate.jpg [View same] [iqdb] [saucenao] [google]
11947401

>>11947397

>> No.11947406

>>11947385
pumping of sv to prep it for tomorrows announcement

>> No.11947407

Theter may implode thefore, they need a safe coin if they dont want to halt trading.

>> No.11947411

>>11947406
thanks for reminding me to put up my short

>> No.11947412

>>11947385
The wallets are linked to an old REQ contract, it's probably nothing though...

>> No.11947418

>>11947412
W-what the fuck??

>> No.11947435

>>11947401
What did he mean by this
I still don't understand if kaleido will make us rich or not

>> No.11947438

>>11947412
I checked a few and don't see any connections

>> No.11947452

Transfered TO Binance. These are tokens that will be used to dump. Linkies are so stupid

>> No.11947463

>>11947452
B-but how can you dump with fiat??

>> No.11947488

>>11947438
One of the most recent transactions in each account goes to a Binance wallet that has interacted with the REQ contract. Pretty suspicious.

>> No.11947491

>>11947435
Not for anything more than name recognition as the Oracle standard

>> No.11947498
File: 125 KB, 1442x720, Selection_032.png [View same] [iqdb] [saucenao] [google]
11947498

>>11947488
that address has nothing to do with REQ faggot

>> No.11947507

>>11947452
You tried to fud but this is actually bullish kek

>> No.11947514

>>11947507

How??? Brainlet post

>> No.11947516

>>11947498
this. There are only usdc txs

>> No.11947522

>>11947498
It does though. Each wallet sent half a million dollars to another wallet that has interacted with REQ today. It's definitely a connection.

>> No.11947615

>>11947514
How can you dump usd? If they are transfering usd to binance it's to buy. .

>> No.11948069

Wtf is usdc? I am guessing its a stablecoin but since when have stable coins been transferrable out of exchanges? What wallet holds usdc?

>> No.11948091
File: 12 KB, 578x566, brainlet3.png [View same] [iqdb] [saucenao] [google]
11948091

>>11948069

>> No.11948099

>>11947615

Press sell

>> No.11948125

>>11947401
>stinkies
>it's always about us
kys

>> No.11948143

>>11947401
This shadow fork fud is getting to me.

>> No.11948147
File: 58 KB, 720x720, 1518039555901.jpg [View same] [iqdb] [saucenao] [google]
11948147

>>11947385
Whales are going in now. They actually buy low and sell high. Not like /biz/ buy high and sell low.

>> No.11948258

>>11947385
Binance stocking up on fiat in anticipation of huge dumps soon. Both addresses sending PAX and USDC are full of minting transactions (txs originating from 0x0000...)

https://etherscan.io/tokentxns?a=0x5195427ca88df768c298721da791b93ad11eca65&p=28

https://etherscan.io/tokentxns?a=0x55fe002aeff02f77364de339a1292923a15844b8&p=13

>> No.11948546

>>11947385
So usdc is the new tether?

lmao

>> No.11948579

>>11948546
yep. Same old shit.

>> No.11948640
File: 84 KB, 477x480, 1517513131738.jpg [View same] [iqdb] [saucenao] [google]
11948640

>>11947401
>shadow fork is real
NO NO NO NO NO NO BROOOOOOOS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.11948672

>>11948143
This is because you're retarded and you never really understood the technicals behind chainlink. Nothing has actually changed except for tech-illiterate fudders baiting tech-illiterate buyers again.

>> No.11948685

tether 2.0. Pump it

>> No.11948757

>>11947407
Is TrueUSD safe?

>> No.11948887

>>11948672
They can just run chainlink nodes in their own private network that don't use mainnets token. Links token price is derived from network use, job quality, and mainnet demand. A private network circumvents that entirely. Though you can make the same argument for ethereum. That's not to say that ethereums price won't dump as well. Sergey answered the monetization question with "we make code so well it's likely to become a standard". How does a standard translate to token value if everyone just implements their own private network? Licensing fees, subscriptions, and support costs don't effect token price. Someone please tell me why I'm wrong, because if I'm right then Sergey fucked us.

>> No.11949020

>>11948887
Anyone?

>> No.11949119

>>11947401

Oh fuck, pls no
This can't be happening

>> No.11949179

>>11949020
I swear you guys don’t deserve to make it

>> No.11949197

>>11949179
Tell me what part I'm missing or am incorrect on.

>> No.11949204

>>11949179

Are you not slightly worried?

>> No.11949228

>>11949204
Private networks and decentralization are incompatible. Low tier fud since chianlinks claim to fame is decentralized oracles

>> No.11949238

>>11947385
ALT SEASON
OOOOOOOOOOOOOOOOOOOOOOO

>> No.11949256

>>11948069
There is a ton of stable coins now available to dexes. You literally never need exchanges ever again.

>> No.11949264

>>11947452
>dumping fiat

>>11947514
>>11948099
Why are you still posting, dipshit?

>> No.11949310

>>11949228
>Private networks and decentralization are incompatible. Low tier fud since chianlinks claim to fame is decentralized oracles

Crypto is still useful even if its centralized.

>> No.11949321

thanks just sold 100k

>> No.11949371

>>11949228
Hmm yeah, I forgot about links main method of security. So the network value would also be tied to the amount of different node operators on it. At first mainnet would likely have the biggest network, but theres probably going to competing public networks in the future. The team has a stake in mainnets success as well, with their 30%. Thanks anon.

>> No.11949390
File: 311 KB, 768x768, altcorns.png [View same] [iqdb] [saucenao] [google]
11949390

>>11949228
it always goes full circle

protip: final step is going back all in on btc

>> No.11949421
File: 23 KB, 284x283, 1543326491533.jpg [View same] [iqdb] [saucenao] [google]
11949421

>>11948887

Cool, it's almost like decentralization doesn't even matter.

>> No.11950263

>>11949421
What is hyperledger? a pseudo decentralized fabric run by big trustworthy companies. What's stopping them from running link in a pseudo decentralized fashion where big businesses operate the nodes.

>> No.11950454

>>11950263
They won't be able to collateralize them with worthless tokens

>> No.11951093
File: 119 KB, 679x873, PAX.png [View same] [iqdb] [saucenao] [google]
11951093

a few more millions deposited

>> No.11951311

>>11951093
Ok anons lets look at the whole crypto market:

Big players:

Miners: they produce and sell, dont use to hold.

Exchanges: they make money on fees

both of them need the same thing, fiat.

they cant let the market colapse, but they cant stop getting money either.

This is a easy one, the exchanges will keep btc profitable holding the price printing, this way it can go sideways and miners can sell, now the problem reside on the exchange to keep manipulating the price and keep getting money into it. (the stable coins are iou's and eventualy will need real money to hold them)

both of them win this way, this was happening since the inception of btc.

So, in the end you have a inflationary system (see tether price) backing up btc and a lot of big hands needing this system to keep the machine rolling.

A black swarm could broke all of this, if stable coins dissapear (lets face it, theyre skechy af) there is no way the markets can be manipulate other than real fiat, and for now the ratio its fiat35%/stable65% (not even talking about mex and derivates)

So, btc must get to a point where its to big to fail, it must be regulated somehow, or at least bring big players to the table to back on real money this market...