Chainlinks financial wellbeing

[Anonymous No.49699563]

Here’s something bullish:
Chainlink was probably the only project smart enough to sell the bullrun highs. Now they likely have the most financially healthy project in the entire space.

I remember 2018 very well. It was a lot more amateur back then(still is but trended to VCs). When the bear was well underway these projects were all forced to dump their Eth and Tokens at the lows to survive or just cash out. Its why Eth got so mega raped. This is exactly what’s happening again. Its likely why Eth just got so raped again. This will be massive weight on all these other projects particularly ones which other tokens launched on over the next year or so.
What happens when the little buying pressure left is squashed by forced selling?

Investors STARVE of gains.

1/2

[Anonymous No.49699573]

Chainlink however is fully prepared. Not only will it NOT need to sell, but it has such a massive cash surplus its leagues above anything else.

So we will have:
>Investors starved of gains as other projects forced to sell into the tiny buy pressure left
>Chainlink basically the only coin without such pressure
>Investors desperate for gaina become attracted to Chainlink as it has no headwinds like everything else.
>this causes even more attention and buy pressure
>a planned reduction of almost 20% supply lock up in staking with 5% apy for holders
>a node network that literally gives profit if you become an operator which is more buying pressure, which is attractive as all the scammy VC fake apr is rapidly vanishing.

The market conditions are ripe.

[Anonymous No.49699598]

Also note:
If Sergey wanted he could purchase more LINK with reserves at these prices. Literally the opposite of what every other project has to do.

Stock buybacks are a regular baked in part of the stock market now days, and it can easily be seen as further investment for company to subsidies the network with later.

[Anonymous No.49699655]

>>49699563
>trended to VCs
how?

[Anonymous No.49699681]

>>49699563
Nice adcampaign bro

[Anonymous No.49699719]

>>49699655

Were you not here before this bullrun? Lol.

As recently as 2017-2018 alts were basically all bedroom projects by a few geeks or chinks. The jeets came late(Matic/polygon started that was, still find it funny how it evolved) and then finally almost out of nowhere the space was VC mania starting from around late 2020.

These VCs are almost all amateur anyway. We’re already seeing them crash and burn extra rapidly since about a month ago.

[Anonymous No.49699737]

>chainlink was the only project smart enough to scam its investors to the max
god i am so excited

[Anonymous No.49699741]

Thats not to say VCs were not here before, but the dynamics of the market heavily skewed to them this run

[Anonymous No.49699758]

>>49699598
I think he has been doing this , Link was still $6 at $20k btc

[Anonymous No.49699815]

>>49699758

He’s literally betraying upwards. His loyal fudders are denied their buy opportunities

[Anonymous No.49699817]

>>49699758
Nah I think that's just ((whoever)) originally missed out accumulating. The same ((guys)) who dump btc on every good LINK news for a couple years.

[Anonymous No.49699818]

Linkies are fucking pathetic. Sell your tokens baka .

[Anonymous No.49699874]

>>49699818

俺の時代になって、ニコはただの馬鹿だ。

[Anonymous No.49699884]

Sammy the gerbil and his Muffin Adventure.

[Anonymous No.49699890]

>>49699719
>out of nowhere the space was VC mania
this has been painful to watch
By the way I see sp500/btc going to 3000$/10k so Link will bleed with them

[Anonymous No.49699898]

[Anonymous No.49699902]

>>49699884
Qrd on this?

[Anonymous No.49699908]

>>49699741
>not to say VCs were not here before, but the dynamics of the market heavily skewed to them this run
Did you find them on telegram? How did you know a VC was a buy?

[Anonymous No.49699914]

Chainlink is overvalued and centralized.

[Anonymous No.49699924]

I WILL NOT ABANDON MY LINK

[Anonymous No.49699946]

>>49699817
>I think that's just ((whoever)) originally missed out accumulating
what they will do with Link in the next bull? just Sell at new link/btc ATH and fuck off?

[Anonymous No.49699953]

Next support for LINK is $4, how low would they need to crash BTC for this to happen?

[Anonymous No.49700023]

what possible use could SWIFT have for a price feed api? I don't think they do any of the currency conversion shit themselves

[Anonymous No.49700066]

>>49699563
NEO filled it's war chest in 2017-2018. Still going strong with its runway. Almost hit its 2018 ATH in 2021 but shit out 60% of the way up.

It doesn't always work out.

[Anonymous No.49700327]

>>49700066

That’s because NEO is useless and fills no niche other than “chink eth”.

[Anonymous No.49700706]

>>49699817
>sell LINK at $4 to buy XRP for the Flare airdrop
>LINK pumps before the airdrop happens
>after the airdrop sell half of my XRP for ETH
>fuck around, get rug pulled a few times, play with other chains
jump cut to now
>sell shitcoins
>accumulating LINK
>back to ~80% of my original stack
>linkies are locked in a hardware wallet
that was a close one guys, glad to be back

[Anonymous No.49700768]

>>49699563
>>49699573
>>49699598
Exactly.

Everyone thinking "muh Sergey dumps" were ever bad are legit mouthbreathers.
Not only did Sergey's "dumps" inflate the token supply at a LOWER rate than probably most other projects, but Chainlink was the only projec that actually built a massive cash reserve with its token inflation.

[Anonymous No.49701186]

Here's the 30 day Link-Eth chart. It's fairly clear that the Eth run is over and now is the time to be going all in on Link. The Link-BTC chart is similar. We're decoupling from the others and beginning our inexorable climb to plateaus hitherto only imaginable in the most carefree of fancies. I know the screechers will cry "But zoom out!"; It is too late, however. The process has begun. We are moving. Heed these words. A new dawn begins.

[Anonymous No.49701286]

>>49701186

[Anonymous No.49701312]

>>49701186
v-shaped recovery vs btc and eth
feels good

[Anonymous No.49701411]

>>49701186
This chart recently double topped, zoom out, it's going to fall to 2018 levels.

[Anonymous No.49701468]

>>49701186
this rally will fail like the others but unironically

[Anonymous No.49701477]

>>49701468

[Anonymous No.49701478]

>>49701411
>This chart recently double topped
what?

[Anonymous No.49701590]

>>49701478
>>49701468
Look at the recent wicks, it's going back the lows during the next days

[Anonymous No.49701706]

>>49701590
Can't wait, want to slurp a bit more around $4.50.

[Anonymous No.49702779]

>>49701590
>>49701706
strong volume indicates reversal
seethe trannies

[Anonymous No.49702927]

>>49699563
>>49699573
double post equals niggers

[Anonymous No.49703030]

This seems to be true. So many brain dead projects holding ETH still. They lost out I'm terms of building a Treasury. LINK has enough money to run for 10 years probably. The average shitcoin is running on fumes. We are going to see so many projects go to fucking zero. The Defi 1.0 protocols will unironically be one of the only things remaining.

Link, aave, snx, uniswap. Those were the only innovative projects made the past 5 years. Everything else is just tweaking.

[Anonymous No.49703106]

>>49703030

Agree.
Im still not sure what to make of Polygon.
I remember it started as Matic and was(still is) a bunch of retarded jeets and there was all kinds of controversial thing around it.

Suddenly its called Polygon and was one of the most popular coins and had all this building on it. It still seems rather centralised. It was either a sign of market mania or it legit morphed into something somewhat worthwhile but probably not.

I feel the VC involvement with things like Avax/sol and all the rest make me turned off completely from them. But they seem to be boosting chainlinks usage so cant complain much. I could be wrong but i dont see much room for a billion layer 1s. Especially when they all appeared at the same time quite coincidentally just as the VC boom started.

[Anonymous No.49703204]

>>49703106
Yeah. You are correct in your assessment. Most people don't realize a smart contract platform derives it's value from tx fees. The reason why AVAX and Solana became popular was low fees, not anything else. They were like a restaurant bragging about how many customers they had, yet they didn't charge more than 10 cents per meal. It's not a good business, because it's not profitable. Token emissions and VC unlocks will send AVAX and Solana down hard. I think Solana has a better chance of long term survival though. Polygon has an ok chance too. None are a good investment at these levels though.

One big shift we will see in a year or two is money moving into dapps rather than later 1s. A couple things have to happen for us to get there, but we should be able to moon in sats/eth over the next few years holding key infrastructure/dapp projects. Layer 1s are so overvalued it's crazy.

[Anonymous No.49703307]

>>49699884
Sammy the gerbil, and his muffin...adventure?

[Anonymous No.49703390]

Countercyclical absolutely confirmed at this point

[Anonymous No.49703425]

>>49703030
What about ICP?

[Anonymous No.49703465]

>>49703425
ICP was literally just a troll token.. I SEE PEE, HELLO??

[Anonymous No.49703638]

>>49700768
Are you a retard? if he hadn't dumped we could've mooned to 100 or 200$ then dump our bags on normies, then we buy back again, instead I got stuck holding from 50 to 5.
>inb4 I'm in it for the tech

[Anonymous No.49703702]

>>49699818
just bought more link

[Anonymous No.49704508]

>>49703638
>if he hadn't dumped we could've mooned to 100 or 200$
You're too retarded to be real.

[Anonymous No.49704629]

>>49699573
Nice spoonfeed. I figured this was the plan when they started selling every week like clockwork during a boom. It was obvious to me that they were hedging their own coin against USD for the inevitable crash some day. Of course the "betray" tards couldn't fathom how the org selling was long term bullish, since it guaranteed their survival and ability to explosively expand after a market contraction.

[Anonymous No.49705065]

>>49699563
They sacrificed the bullrun for their long term sustainability and now they're about to release staking which will provide non ponzi yield, and the market can't see it. It's astonishing.

[Anonymous No.49705105]

>>49703204
>I think Solana has a better chance of long term survival though
I wouldn't bet on it. SOL has massive hardware requirements (computers to the tune of 100k at the low end) to run their node on top of no fees. Unless SBF personally bankrolls the entire chain, it is such a losing proposition.
On top of the chain being unable to stay up to begin with

[Anonymous No.49705214]

>>49701706
>>49701590
Samefag

[Anonymous No.49705358]

>>49705105

This is the biggest thing that bothers me.
Just a few years ago it seemed most everyone implicitly understood that ETH and layers twos were the only way forward. It was the only decentralised solution and everything else was a compromise no matter how slow eth was.

Then out of nowhere suddenly there were a bazillion layer ones. It was like overnight. They were all compromised as fuck. Low fees but centralised. I thought i lost touch and didn’t really get wtf happened. I then realised it was basically all VCs turning on their bullshit creations. Dont get me wrong there were always competition layer ones but they all disappeared fast and people genuinely seemed to realise and agree eth was the only major solution with layer 2s.

Anyway, now it seems they have sticking power somehow even if i think they’ll bleed out and die. However Chainlink has pivoted towards giving them services which i dont know how to feel about. Growth on these networks seems like a big waste of effort. However i suppose if it exists chainlinks gonna provide for whatever retards wanna build on them. Not really up to LINK.

[Anonymous No.49705721]

>>49705358
ETH killers are a pretty consistent part of the bull market cycle. It used to be BTC killers but nobody wants to shoot their shot at bitty anymore.

[Anonymous No.49706612]

>>49703030
>>49703106
opinions on bancor?

[Anonymous No.49707947]

>>49705358
>However Chainlink has pivoted towards giving them services which i dont know how to feel about.
I'm not too worried about that bit. At some point link would need to prove that it could work on non evm chains. Doing a test run on one that is obviously not long for this world isn't a bad thing.
Would you rather the test be on fucking cardano? Or have a do or die moment when it looks like there is a true successor

[Anonymous No.49708036]

>>49707947
The big secret is that LINK is the ETH killer, they just refuse to say it

[Anonymous No.49708796]

>>49699573
Chainlink investors are also starved on gains.
The past 2 years have been terrible for them and makes them sell every time the price pumps a bit.
The only positive thing to this is that this dynamic should change in half a year and Chainlink should be one of the first to recover.
We still haven't seen CCIP.
It should make a big difference...