/biz/ - Business & Finance

[Anonymous No.55150476]

Partners with china's largest internet conglomerate, releases well produced retail facing marketing, ccip opened to public audits, weekly supply of build projects generously giving away portion of their supply to stakers, oracle less protocols conveniently getting exploited while professor Juels took a day off, coinbase joining as node op... Surely the markets understand what's coming....

>check price
>still dumping

[Anonymous No.55150485]

>>55150476
ok, but does is token needful though?

[Anonymous No.55150526]

>>55150476
Every day the news gets better and I become more exquisitely aware of the growing divide between reality and the market

[Anonymous No.55150529]

>>55150476
Token not needed

[Anonymous No.55150535]

>>55150476
>Mints fresh new chainlanks in the woods

[Anonymous No.55150615]

>>55150476
>Tencent Cloud
>partnership
This is a scam on par with VeChain who claimed BMW partnered with them back in 2018.

Plus anybody can partner with their cloud service, it’s just like AWS. Gullible bagholders tend to hype up the biggest nothingburgers because they can’t accept reality

[Anonymous No.55150690]

>>55150615
While you're obviously a fudder I do agree that this partnership is overhyped. People saw "Chainlink", "Tencent", and "BUILD" in the same sentence and somehow *feel* that Tencent joined the BUILD program and will be using Chainlink's services.

[Anonymous No.55152378]

>>55150690
it's not FUD, it's reality lol

[Anonymous No.55152468]

It's not a partnership, it's a collaboration. Basically, Chainlink Labs is taking care of the bill of BUILD project to use the services of Tencent Cloud. It's a win for Tencent and BUILD projects, and a loss for LINK holders.

[Anonymous No.55152651]

>>55152468
>It's not a partnership
https://www.tencentcloud.com/dynamic/insights/sample-article/100465?lang=en&pg=
>We’re excited to announce that Tencent Cloud, one of the world's leading cloud companies, has entered into a partnership with Chainlink Labs

Keep lying, every time you get caught out a neutral observer sees it and forms opinions.

[Anonymous No.55152676]

>>55152651
>Through this collaboration, Chainlink BUILD projects will get access to various benefits, including:
>collaboration
Remember that this is a Chinese company, English isn't their native language.

[Anonymous No.55152701]

op is true, but look at the nature of the partnership
>providing cloud infrastructure for start ups
that's a pretty far cry from Tencent using chainlink services
it could be the precursor to that, but it ain't that yet

[Anonymous No.55152804]

>>55150476

[Anonymous No.55152864]

>>55150476
Chainlink Labs has nothing to do with the Chainlink token LINK

[Anonymous No.55152871]

>tencent CLOUD
Kys misleading shills. You faggots seriously fuck over the average link holders by lying to them and running them through a nonstop hype and disappointment cycle

[Anonymous No.55154103]

KURWA MAC 1K IS FUD, NIGGERS WILL FALL AND WE WILL WIN

[Anonymous No.55154146]

The unwillingness of the rest of the crypto space to acknowledge Chainlink’s moves at all is proof we are living in a feverish Kafkaesque nightmare.

[Anonymous No.55154147]

>>55150535
Did you use AI to make that?

[Anonymous No.55154301]

>>55150476
As someone in the midst of researching various protocols and such to allocate for what I hope to be a bull run going into 2024-25, your rosy view of things doesn't really line up with reality despite putting a fair amount of time into looking at LINK.

[Anonymous No.55154323]

>>55150476
a lot to unpack here. Let's go one at a time

>Partners with china's largest internet conglomerate

Wow another "partnership". The market is beyond fatigued with these. How does this bring value to the coin (it doesn't)

>releases well produced retail facing marketing
you mean spamming 10 twitter posts per day? Tons of cryptos do that. Nothing unique about that or a few tiktok videos with 90 likes. Maybe they should do a tv commercial or hire some celebrities like other cryptos, because whatever they're doing isn't working. Also hiring a former NFL receiver who beat up his own mom (Dez Bryant) isn't really the look I'm talking about


>weekly supply of build projects generously giving away portion of their supply to stakers
I must have missed the part where stakers received anything at all. Build is yet another carrot on a string dangling in front of the cult. My prediction is stakers won't receive anything for years, if ever.


>oracle less protocols conveniently getting exploited while professor Juels took a day off,
This does nothing for Link's coin price.


>coinbase joining as node op... Surely the markets understand what's coming....
2 more decades, this was always a 30 year hold

[Anonymous No.55154343]

>>55150476
They should rebrand to grumpypumpylink

[Anonymous No.55154357]

>55154323
>leddit spacing
Thanks for the great insight, anon! Just sold 100k

[Anonymous No.55154445]

>>55154301
What else are you looking into? My unsolicited advice is to throw a smaller % of your yolo money into newer altcoins, with the focus being on coins that have not already had a massive pump (like Link)

[Anonymous No.55154489]

>>55154323
>>55154445
>writing essays to try and get people to sell despite link being an excellent product which will be extremely profitable
Just not gonna sell sorry fudcuck

[Anonymous No.55154624]

You don’t want to see insider pumps because that would mean we’ll dump a lot right when all these things get released. The fact that we aren’t pumping shows clear suppression and accumulation. TPTB don’t want eyes on this.

[Anonymous No.55154704]

>>55154489
Ever consider no one cares if you sell?
Hell, buy more. Buy 100, 1000 more.

[Anonymous No.55154796]

Still bottlenecked by the shittiness of Etherium. Partnerships and projects and features and nodes are all pointless from a Price perspective until actual Value can be provided to someone who wants to get something useful done. Etherium is too inefficient for this to happen. LINK will pump when it escapes the ETH ecosystem.

[Anonymous No.55154964]

>>55150690
I know people at AWS and Google, these credits are part and parcel in cloud sales.
Useless fucking neets don't know shit about business and think seed credits are a big deal.
Gtfo.

[Anonymous No.55155157]

>>55150476
Also whitelisted for Hong Kong trading - if mainland China ever allows crypto again you can bet LINK will be available there also. The price action? Nothing.

It's so fucking bizarre but so too was Amazon's stock after they had released AWS services, changing the way in which the internet's infrastructure has developed, it took years for the massive runup to occur. I firmly believe we're so fucking early it's almost unbelievable.

If blockchain technology, specifically trust/counterparty risk minimized applications and contracts fail to ever get traction then Chainlink will have no reason to exist. However if they succeed at all then Chainlink will almost guaranteed to have been inherently been a part of that success. Unfortunately this traction is all taking so much longer than I ever anticipated but there are signs of mass institutional adoption, specifically the Digital Asset/ Canton network, that make it seem like big things will be coming soon. Not to mention Sergeys cryptic comments about upcoming partnerships large financial institutions being announced "in the coming months" that he said to the Forbes journalist at Consensus 2023 in April.

Anyway holy fuck this is an exhausting hold but whatever can't even sell because I'm staked lmao

[Anonymous No.55155183]

>holy fuck this is bullish!!! WAGMI LINK MARINES!!!!! THIS IS THE ONE!!!!!!!!
>dumps 5% more

[Anonymous No.55155185]

>>55154796
>Still bottlenecked by the shittiness of Etherium.
Thats why Tencent has partnered with Avalanche.

>Avalanche can scale and supports all VMs not just the EVM
>Avalanche has Sub Second finality
>Avalanche is partnered with Chainlink too

https://medium.com/avalancheavax/ava-labs-and-tencent-cloud-enable-rapid-node-deployment-on-the-avalanche-public-blockchain-across-751ffb6801eb

[Anonymous No.55155234]

>>55155185
Yeah guy you're replying to is an absolute brainlet.

Chainlink has always been a blockchain agnostic project from its initial white paper. It launched on Eth because that's where all the brainpower, decentralized applications, and value were (and largely still are) but all Chainlink services are on many networks at this point, some more than others.

[Anonymous No.55155237]

>>55150476
Why would anyone buy this shitcoin? Everyone knows the founder uses weasel words ("staking in 2022" ) or straight out lies ("ccip in 2022" ).

Truth > trust and this shitcoin had no trust and isnt needed anywhere.

[Anonymous No.55155253]

>>55155234
and the bulk of it will come to Avalanche and Subnets on Avalanche.
LINK and AVAX bros keep winning.

[Anonymous No.55155263]

>>55150485
Yea it's needed for selling to cover node op costs

[Anonymous No.55155288]

>>55150526
>Every day the news gets better and I become more exquisitely aware of the growing divide between reality and the market

The absolute state of link schizos holy shit lmao

[Anonymous No.55155321]

>>55155253
That's probably a little presumptuous for me to claim but you're clearly an avax shill so makes sense lol.
Either way I like you roaches most the time

[Anonymous No.55155377]

>>55155321
it was always God Protocols - Plural. The other one is Avalanche.
Avalanche and Chainlink is the make it portfolio.

[Anonymous No.55155734]

>>55155234
One of these other networks still needs to actually start dethroning ETH before LINK's price can pump from that. My point stands - the price/mcap of LINK is still at this point tied up in the price/mcap/activity of ETH more than anything else. You can't and shouldn't expect to see LINK's price pump until one of these other players starts to actually make mETHheads sweat.

[Anonymous No.55155838]

>>55150476
Because once you launch your crypto into the real world you can't inflate the prize
Chainlink will enter into the stock market but first you will have to suffer, that's why i abandoned it

[Anonymous No.55156086]

One thing I dont understand is why dont more link marines use flash loans to attack protocols not using Chainlink?

They dont even need to become rich from the tainted funds. they just need to separate reserves from the snakes and users will decide. especially leading up to the halving. stop spamming cuck fud and get hacking faggots

[Anonymous No.55156166]

>>55156086
I barely know how to brush my teeth let alone hack a defi protocol

[Anonymous No.55156205]

And now it’s fallen to rank 21. I’m at a loss of words.

[Anonymous No.55156425]

>>55156166
Checked. I would never advise you to overdose on fluoride theres enough of that in the tap water.

Well it doesn't seem that hard as most of non-chainlink defi seems to get hacked on vectors that were patched several years ago by Chainlink.

The Jimbo hack for example seemed to follow the standard flash loan pattern
>flash loan enough to drain pool and trigger the balancer to refill the pool with reserve asset (eth)
so study the target. understand their reserves on hand and what happens when a pool reaches a certain limit. what does the balancer or whatever do if x happens? the cause x and take advantage

Instead of working on hackathon projects VCs will never sponsor hack non chainlink defi stuff and tornado the proceeds. you don't even need to cash out bro just sit back and laugh as the VCs deploy more funds.

I am almost convinced now that these VCs are glow niggers or agents of the state in some capacity ever read Economic Hitman? They finance projects unlikely to make an impact and ultimately control the development of tech by channelling the funds. Sounds very much like government regulation without scaring off the lib techies because that would stifle innovation.

Anyhow the autopsies are well documented and there are many target and all of them have plenty of VC funding.

[Anonymous No.55156511]

>>55155263
yeah btc is needed to sell miner op costs
yeah eth is needed to sell for validators costs

[Anonymous No.55156535]

linkniggers are losing their minds, investing in a obsese russian wasn't so smart huh chainnigger trash
KEK

[Anonymous No.55156567]

https://twitter.com/peckshield/status/1663356082826141702
example of edefinance manipulating "just price feeds" on arboretum
https://twitter.com/peckshield/status/1662650673731624961
jimbo hack again on arbitrum

I really dont understand why hackathon participants are not weaponizing their knowledge. after all 8 million in ETH > 300k USDC
Imagine if knowledge of why Chainlink is so critical went mainstream beyond the shilling and toldyasos on here n twitter?
Imagine if the average defi user was capable of hacking.

That is where we are heading with the knowledge being taught so ...

/!!!

[Anonymous No.55156673]

https://www.coindesk.com/learn/what-is-a-flash-loan/
https://www.ledger.com/academy/what-is-a-flash-loan
https://chain.link/education-hub/flash-loans
https://au.finance.yahoo.com/news/flash-loans-aren-t-problem-195033343.html
https://docs.aave.com/faq/flash-loans
so here is the attack vector. any amount of funds are available for your attack

[Anonymous No.55156709]

The balancer and the other stuff is probably protocol specific so you would have to look into that yourself anons but yeah "bank" robber is definitely a solid career choice in these turbulent times. Even better as these protocols actually have reserves on hand for you to steal. Not so with the average bank. Plus there is a serious chance you might run into a nigger already robbing the irl bank

[Anonymous No.55156818]

attn hackathon participants no one is going to fund your little project unless it has something ado with mev

mev is the only thing these people care about. they are not in it for the tech.

if you want payday you need to ledditspace and forcibly extract the fund from them.

Much easier than getting blood from a stone

[Anonymous No.55157286]

wait (t) before commence re-engage with thread

https://www.vice.com/en/article/4a33gj/ai-controlled-drone-goes-rogue-kills-human-operator-in-usaf-simulated-test
>We were training it in simulation to identify and target a Surface-to-air missile (SAM) threat. And then the operator would say yes, kill that threat. The system started realizing that while they did identify the threat at times the human operator would tell it not to kill that threat, but it got its points by killing that threat. So what did it do? It killed the operator. It killed the operator because that person was keeping it from accomplishing its objective
according to this when Chainlink becomes the guardrails for AI it will have incentive to take out node operators kek

umm based?

[Anonymous No.55157362]

https://twitter.com/DefiantNews/status/1664363689204662274
topkek Camila Russo is now betraying Chainlink

[Anonymous No.55157393]

>>55156567
Not everyone is prepared to be a criminal, spend the rest of your life worrying about it, and potentially go to jail for a long time, anon. They'd rather be legit, get good jobs and invest wisely.

[Anonymous No.55157399]

>another partnership
what do these partnerships even do? surely the price doesn't reflect real world use and is just being suppressed by le whales and WEF

[Anonymous No.55157412]

>>55156511
So you do agree that it’s needed

[Anonymous No.55157418]

Camilia Russo used to be fair when dealing with defi and oracles not anymore it seems. No wonder Chainlink are fish out water dealing with this behavior
>money animates people to do immoral things
get it through your thick fucking skulls
reading things like the theology of arithmetic sounds great in theory but it does not translate into practice. good book by the way recommended but not to understand how basically everyone in crypto is immoral

https://libgen.is/book/index.php?md5=486158F7D635FFF0EA93B553C317A4D8

[Anonymous No.55157423]

>>55150476
shut the FUCK UP faggot

[Anonymous No.55157441]

>>55157362
It's shit, but without the street.

[Anonymous No.55157444]

>>55157393
umm hello anon are you not seeing what is happening here?
VCs are prepared to take the entire market away from Chainlink but this is not criminal in your eyes because you are most likely an employee dependent on gibs
Do you think when VCs fund medea outlets to falsely report that oracles are not needed they are getting good jobs and not committing criminal acts?

[Anonymous No.55157469]

>>55157444
checked and prepared they might be but they'll never even come close. no one even remotely touches Chainlink. I see nothing to worry about

[Anonymous No.55157498]

>>55157469
this is an excellent test case to see how reputation can be affected when funded by an external actor
was the short term payoff enough to suffer long term reputation damage?

[Anonymous No.55157549]

After rory ignored the threat that nexo presented we had to wait for years YEARS for a reaction after their reputation was tarnished and they made SRS BANK BRO rite before they got sentenced to pound me in the ass bulgarian prison. how long will we have to wait this time? what are the limits on response proportionality?

[Anonymous No.55157557]

>>55157362
Literally
And I mean quite literally, who?

[Anonymous No.55157605]

>>55157557
she used to report on chainlink stuff because of the whole women in tech angle but now has taken to VCs payouts alá Ed Felten and Arbitrum

[Anonymous No.55157666]

>>55156086
>One thing I dont understand is why dont more link marines use flash loans to attack protocols not using Chainlink?
Be wise it's a glownigger game and I don't have the capital or protection

[Anonymous No.55157702]

>>55157666
checked and satan pilled. anon bank robbers do not need to have protection and modern defi bank robbers neither rob banks nor do they carry a gun
need a new term that carries the same weight and adjusted connotations. liquidity pool thieves?
the gray fox would like a word with you

[Anonymous No.55157732]

>>55157702
They'll track funds and seize your wallet then you better hope your op sec is supreme. If someone is capable, all the power to them.

[Anonymous No.55157751]

>>55150476
>ctrl+F "tencent"
>only 1 active thread with that word
>only 1 archived thread with that word
>go to /r/cryptocurrency
>grave silence

when the fake rumor about walmart accepting LTC payments, it was everywhere within 1 hour
people freaking the fuck out here, on reddit, on twitter, massive price action, complete shitstorm
even if it was real it wouldn't even be THAT bullish to justify the reaction

it should be clear even to the last retard on earth that LINK is on stealth mode for whatever reason, something that the team has always been fine with
strategic silence?
non-disclosure agreements?
who the fuck knows

point is if you know even the basics at this point, you should be able to guess what's about to happen

[Anonymous No.55157759]

>>55157732
Nah nothing happens look at all the crypto scammers who got off scot free after stealing quadrillions worth of crypto for FREE basically these crypto protocols are so stupid you'd be fucking retarded NOT to rob them
hey its free real estate. do you know how many zeros ed felten would have to add to get to a quadrillion?
Defi hacks are the fastest way to make quadrillions of dollars whereas MEV only nets you 56 million per month and both are highly illegal
quadrillion>million
do the math

[Anonymous No.55157790]

>>55157751
Do you have any idea how important Walmart is?

[Anonymous No.55157808]

>>55157790
Do you have reading comprehension problem or do you just argue for the sake of it?

[Anonymous No.55157820]

>>55157751
The funny thing is even Reddit and other faggot sites are all emulating biz. They downplay every major partnership and developments.

[Anonymous No.55158123]

>>55156086
>he doesn't know

[Anonymous No.55158340]

>>55158123
>just do nothing bro trust the plan two more weeks
cringe kys

desu why in the hot fuck would developers do hackathons then go to cryptos version of the government the VCs for gibs and struggle for years to onboard users in a space where the money wants it to seem like a complete joke?
easier to just lvl blackhat skills and do one job then retire early

You know its really cohencidental and read this very carefully
the VCs site lack of regulatory clarity as a reason for why they dont invest in certain projects
Coinbase thought they gave the sec an ultimatum for regulatory clarity but the sec rejected this because nah bro we dont have to give you shit
seems like the sec and the vcs are working together to control the space and stop progress by only funding things like new way to mev to make the space appear as a complete joke

to any new dev the best chance of making you have is to level up your blackhat skills and take some shady defi protocol for all they're worth

[Anonymous No.55158573]

>>55157904