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56075329 No.56075329 [Reply] [Original]

Why would I buy it if Sergey gives it for free to institutions and sells it when he needs money? Sounds like a scam, where biz chuds are the only ones paying for the token

>> No.56075337
File: 49 KB, 656x678, 1687724334117098.jpg [View same] [iqdb] [saucenao] [google]
56075337

>biz chuds are the only ones paying for the token
So you admit the token is needed? Looks like you lose commie

>> No.56075381

>>56075337
What do you mean "admit"? I'm just pondering buying it but the fact that only retail buys it looks scammy

>> No.56075393

>>56075329
Duuude in 10 years there won't be any uncirculating supply anymore and banks will have to buy it. You're just lucky to be able to buy it now

>> No.56075429

>>56075329
>What is speculation?

retard

>> No.56075465

>>56075329
Like 99% of cryptos do the exact same thing, but of course it's only a problem for Chainlink.

98% of miner rewards are coins given to them "for free" by Satoshi.
Miners are paying a lot in hardware and electricity, but none of that flows back to Bitcoin holders.

>> No.56075502

>>56075465
Ah ok sorry I missed the news about microstrategy, JPMorgan, sovereign states etc.. publicly buying link, can you point me to these articles?

>> No.56075506
File: 60 KB, 725x480, 1694384218001002.jpg [View same] [iqdb] [saucenao] [google]
56075506

>>56075329
>hehehehe, they will buy it eventually, you wouldn't understand

>> No.56075509

>>56075502
That has nothing to do with what I said lol

>> No.56075525

>>56075509
You compare it to bitcoin. Bitcoin has institutions buying it. Comparing subsidies would make sense if you had this level of investment in the token

>> No.56075532

>>56075393
this is bullshit but i believe it

>> No.56075537

>>56075506
>(((x)))
What the FUCK did he mean by this

>> No.56075538
File: 24 KB, 803x196, 1678892331547986.png [View same] [iqdb] [saucenao] [google]
56075538

>>56075525
Lots of cryptos have institutions buying them.

>> No.56076062

>>56075525
Advocate bros, our response?

>> No.56076088

>>56075537
(((You))) know EXACTLY what he meant by this

>> No.56076265

>>56075465
How is this argument explain the chart?

>> No.56076306

>>56075329
Three options basically:
1. You believe Sergey stops giving tokens for free (or OTC deals)
2. You believe the token has value after Sergey has ran out of reserves and the team won't expand the supply.
3. You believe the speculative demand will be enough to offset Sergey selling

>> No.56076312

>>56076265
I was explaining what OP said, not the chart.
But it is relevant to the chart as well; a pervasive double standard against a specific coin will hurt its hype and thus its speculative power.

>> No.56076393

>>56076306
Grim

>> No.56076409

>>56075465
Yes because everything except BTC is a useless shitcoin making money for the owners. lmao.

>> No.56076465

>>56076409
Bitcoin has two nodes that control more than 51% of mining power, and even to this day 98% of its mining is subsidized.
And that's without mentioning the slow transactions.
How is Bitcoin not a fucking shitcoin lmao

>> No.56076538

>>56075502
>>56075525
Bitcoin went through 3 bull runs before institutions started buying it. BTC inflation was even higher back then too. Why is it so hard for fuddies to admit that any crypto distribution model will involve dilution?

>> No.56076625

>>56075329
Real answer: It's just speculation at that point, holders hope that Sergey will force users to actually buy link on binance or coinbase at some point.

>> No.56077793

>>56076306

>1. You believe Sergey stops giving tokens for free (or OTC deals)

he won't

>2. You believe the token has value after Sergey has ran out of reserves and the team won't expand the supply.

it doesn't

>3. You believe the speculative demand will be enough to offset Sergey selling

there isn't

>> No.56077838

>>56076306
>>56077793
There's literally only one option when it comes to Chainlink pumping:
>1. Bitcoin stops dumping on all Link news and pumps

>> No.56077872

>>56077838
yeah or how about
>1.people show up and buy the damn thing regardless of BTC dumps
>2.instantly the token gets strength and momentum
>3. it pumps sky high as soon as BTC stops shitting itself
you know, like it used to be 4 years ago
face it, nobody fucking buys it, hence zero strength against the market

>> No.56077885

>>56077872
>>1.people show up and buy the damn thing regardless of BTC dumps
You're retarded.

>> No.56077887

>>56075465
>Like 99% of cryptos do the exact same thing, but of course it's only a problem for Chainlink.
wait so chainlink is like 99$ of the other shitcoins then?

>> No.56077890

>>56077887
When it comes to things like tokenomics, yes.

>> No.56077892

>give free link to institutions
>promote this to link baggies as a "groundbreaking partnership"
>baggies fall for the bait again
>dump stinky bags on baggies

it's win-win (not for baggies though)

>> No.56077904

>>56077890
then don't be surprised when it behaves just like the other 99%, you retarded avocado
nice retort btw
>you're a retard
kys

>> No.56077909

>>56075393
Why can't the Fatman hard fork and double supply for (((inflationary reasons)))?

>> No.56078009

>>56077904
But it doesn't? Other cryptos tend to pump on good news.

>> No.56078015

>>56077904
>it behaves just like the other 99%
It behaves like none of them.
Literally any other coin would instantly boost 10x if they only got one speaking slot at Sibos for instance.

>>56077892
Which is why Swift is also working with Vechain, Tron, etc. right?

>> No.56078028

>>56078009
hey keep your story straight bro, LINK does pump on good news too, it's the Bitcorn which suppresses every pump, remember?
>>56078015
I'll give you my most dignified response
you're retarded

>> No.56078041
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56078041

>>56078028
>LINK does pump on good news too, it's the Bitcorn which suppresses every pump, remember?
Exactly right.

>> No.56078065

>>56078028
>LINK does pump on good news too, it's the Bitcorn which suppresses every pump, remember?
So in the end it doesn't pump? I fail the see the inconsistency here.

>> No.56078077

>>56078041
don't talk to me, retard
>>56078065
but it's up x50 from the ICO?
by your definition, nothing ever pumps!

>> No.56078097

>>56078077
>but it's up x50 from the ICO?
It is. What does that have to do with Chainlink being unpumpable for the past 2 years?

>by your definition, nothing ever pumps!
You're not smart enough to catch logical inconsistencies anon. Drop the act, it's embarrassing.

>> No.56078100

>>56077904
>then don't be surprised when it behaves just like the other 99%
If Link had done that these past three years, it would be top 3 right now.

>> No.56078167

>>56078097
I'd say that 99% of "the other shitcoins" have equaled that and actually done much worse, some of them remain unpumpable for more than 4 years! you can check them out anon
if you think about it, LINK isn't doing all that bad on the grand scheme of things, it's literally average, which at this point, makes it indistinguishable from the other 99%!
>>56078100
I'm sorry, there can only be 3 on the top 3
kek

>> No.56078250

>>56078167
Normal behavior for 99% of shitcoins is to pump on news.
Just to guve an example: uniswap has a tiny fraction of the Defi dominance of Chainlink and virtually zero institutional interest, AND it’s a governance token so quite literally useless.
But it’s neck and neck with Link on Coinmarketcap.

>> No.56078281

>>56078250
normal behavior for 99% is to slowly die
on a long enough timeframe, none of them last, each cycle they endure keeps getting weaker for them, and they keep getting flatlined
I literally have no clue about which shitcoins you speak of

>> No.56078283

>>56078167
Literally gibberish. Ever took an IQ test?

>> No.56078290

>>56078283
kek, you might be genuinely retarded anon

>> No.56078295

>>56078281
>I literally have no clue about which shitcoins you speak of
Uniswap was literally mentioned.

>> No.56078299

>>56078295
yeah what about it? it hasn't had a proper pump since 2 years ago

>> No.56078308

>>56078250
>it’s neck and neck with Link on Coinmarketcap
what are you talking about? it's 5 spots below LINK as we speak

>> No.56078309
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56078309

What would be the best APY platforms? Right now im on VirtualYields and i have been getting ~2% daily and they also have instant withdrawals, so there is no need to wait for approvals.

I want to try a similar service, do you know?

>> No.56078310

>>56078299
It’s neck and neck with Chainlink despite having only a fraction of the utility and institutional interest.

>> No.56078312

>>56078310
???>>56078308

>> No.56078321

>>56078312
Check coingecko, it’s more accurate

>> No.56078329
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56078329

>>56078321
you said cmc yourself but whatever, cool, muh market cap hooray
what about the chart? it's dead

>> No.56078340

>>56078329
>what about the chart? it's dead
Because Link doesn’t (isn’t allowed to) react to news like 99% of crypto.

>> No.56078343

>>56078340
are you retarded? that's the Uni chart
holy fucking shit, are you people actual bots?

>> No.56078367

>>56078343
Ok, Uni’s chart makes sense considering its lack of news.
Chainlink having the same pattern is completely retarded.

>> No.56078372

Our best hope to pump the price is to convince the next generation of crypto buyers that it’s going to moon soon. Very likely Sergey and co want another speculative pump round so they have even more runway. We can all see the dream is not even close to being here, it’s 10-15 years out.

>> No.56078380

>>56078329
What about XLM? It has similar uncirculating supply as LINK, similar token emission rates, similar rank on CMC/Coingecko. Yet it pumped almost 80% since June on virtually no news. What gives?

Seems like XLM is everything fuddies accuse LINK of being (old 2017 shitcoin, unneeded token etc) yet it is still pumping while LINK is not. Very weird.

>> No.56078412
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56078412

>>56078367
...anon, literally 99% of the market looks like this, news or not
if you're talking about shit like LTC pumping 20% on a fake Wallmart partnership, don't forget that it literally dumped right back down again, as it usually happens on "crypto news"
by mistaking the Uni chart with LINK's you accidentally proved my point
it's just like all the other shitcoins at this point
>>56078380
???
XLM is also completely dead, just like the rest of them? it is actually trading at its 2018 lows as we speak holy kek
keep proving me right boys

>> No.56078431
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56078431

>>56075329
Hoping to get rich buying ChainLink from Sergay is like trying to get rich off McDonald's by buying big mac's. If you want to make money from the project either get hired there or attempt to buy a stake in the company (this is a terrible idea though since fundamentally the company is not needed)

>> No.56078435

>>56078412
>XLM is also completely dead, just like the rest of them? it is actually trading at its 2018 lows as we speak holy kek
At least try to not be disengeious anon. Every linear chart looks the same of it had an enormous peek at some point. Compare XLM's 1Y chart to Chainlink's 1Y chart and read my post again.

>> No.56078442

>>56078412
>99% of the market looks like this, news or not
That’s the point: Chainlink looking like 99% of the market despite the insane news is retarded.
Any other coin would pump to high heaven on the slightest hint of Swift news.

>> No.56078450

>>56078435
disingenuous

>> No.56078474

>>56078435
anon, do you think any 2017-18 long term holder of XLM, as I assume you are with LINK, is satisfied with that bullshit pump after years of failing to break the original ATH? are you insane?
that's what you yearn for? a relief pump that will inevitably correct to the mean? pretty shitty expectations if you ask me lel
>>56078442
>Any other coin would pump to high heaven on the slightest hint of Swift news.
so where are these other coins dude? so far Uni has backfired

>> No.56078477

>>56078412
Any coin pumps on good news.
Fucking ANKR nearly did a 2x on Microsoft Azure news earlier this year.

MICROSOFT AZURE

>> No.56078486
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56078486

>>56078477
>ANKR
uuhm yeah anon whatever you say

>> No.56078489

>>56078474
>so where are these other coins dude? so far Uni has backfired
what
Uni was an example of a coin with NO news.

>> No.56078496

>>56078486
Are you saying it didn't pump on Microsoft Azure news?

>> No.56078498

>>56078489
...so just like 99% of them? gotcha
you're almost there kek

>> No.56078504

>>56078498
>just like 99% of them?
Yes exactly.
Nearly all of them except Link.

>> No.56078511

>>56078496
I'm saying that pump is so insignificant it doesn't even show up on the chart
remember, LINK originally did a 36,000% move and you're all getting hyped up with a x2 a random shitcoin did a year ago
btw, that pump has been fully retraced so again, wtf is your point?
>>56078504
but LINK is just like them in terms of tokenomics and chart?

>> No.56078527

>>56078511
>that pump is so insignificant it doesn't even show up on the chart
Doing nearly a 2x on Azure news is pretty huge lol
By that same logic, Link should do a 200x on Swift news.

>> No.56078535

>>56078511
>but LINK is just like them in terms of tokenomics and chart?
Not news and adoption.

>> No.56078540

>>56078527
>the only precedent presented about "pumping on news" so far is x2 and then falling right back down
>but LINK should have done a x20 on SWIFT news alone
????
sorry, but I genuinely cannot follow that logic at all

>> No.56078543

>>56078540
Wait, are you trying to argue that crypto doesn't pump on news?

>> No.56078553

>>56078535
and what has ever pumped on news and adoption before LINK is all I'm asking anon
>>56078543
no, I'm arguing that after a certain point, the pumps are minuscule
news work pretty good on brand new shitcoins and during bullruns

>> No.56078567

>>56078553
>what has ever pumped on news and adoption before LINK
What

>> No.56078581

>>56078567
yes, that's what I'm asking for, what shitcoin has ever pumped on news and adoption and didn't inevitably blow up
just like LINK did during 2018-20

>> No.56078626

>>56078553
>I'm arguing that after a certain point, the pumps are minuscule
That's relative, but in the case of Link they're not minuscule, they're non-existent.
Wanna know why?

>> No.56078637
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56078637

Cuckold token that underperformed everything lol lmao
>September 4, 2020:
LINK: $12.50
BTC: $10,434
ETH: $388
BNB: $20.62
XRP: $0.23
ADA: $0.08
DOGE: $0.002
SOL: $2.71
TRX: $0.03
MATIC: $0.01

>September 4, 2023:
LINK: $5.96
BTC: $25,743
ETH: $1,623
BNB: $214.45
XRP: $0.50
ADA: $0.25
DOGE: $0.063
SOL: $19.36
TRX: $0.07
MATIC: $0.55

>> No.56078675

>>56078474
>anon, do you think any 2017-18 long term holder of XLM, as I assume you are with LINK, is satisfied with that bullshit pump after years of failing to break the original ATH? are you insane?
Why move the goalpost? We are not talking about what XLM holders are thinking at all.

We are talking about how it is possible that a token that is almost identical to LINK in terms of marketcap, uncirculating supply (roughly 50%) and token emissions is OUTPERFORMING Chainlink on NO news while Chainlink got namedropped by SWIFT.

If you look at the 1Y charts as I suggested, it becomes apparent that there is something fucky going on with LINK. Fuddies biased against LINK will literally jump through a thousand hoops or move a thousand goalposts to not have to acknowledge this. Why?

>> No.56078683

>>56078626
it's obvious, it's literally out of gas, no strength, no buying pressure, zero momentum
I don't buy the BTC dumpenings boogey anymore, I've seen matic making a new ATH just before BTC took a gigantic shit, and as soon as King Turd stabilized, matic kept going even harder shaping a "V" on the chart. It kinda reminded me of what LINK used to do in 2018-19, it was incredible really, and in the depths of the bear too
my theory is that LINK has been correcting after breaking a 3 year long parabola, essentially creating its own minicycle against the broader bear cycle, so in that sense, it was truly unique
BUT since then, it's dead, finito, kaput etc

>> No.56078700

>>56078675
???
what the fuck do you mean, "how possible" it literally happens every day, I have no idea why you got such a hard on for XLM specifically
my point is your examples are shit, on a long enough timeframe, that pump amounts to nothing and it will inevitably correct back down where it started
Just like the pumps LINK has ;)

>> No.56078701
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56078701

>>56078683
>it's obvious, it's literally out of gas, no strength, no buying pressure, zero momentum
nope
Chainlink is constantly trying to build up momentum

>> No.56078714

>>56078701
sure, desu from my pov it simply follows the market but whatever, I know you're already committed to this

>> No.56078719

anyway it's been fun but I got to go

>> No.56078729

>>56077838
But I thought chainlink was a bear market coin?

>> No.56078808

>>56078700
What the fuck are you talking about? Why even start an argument if you are just going to lose track of the main point after a few posts? Let me refresh your memory:

Anon here says:
>>56078250
>Normal behavior for 99% of shitcoins is to pump on news.
>Just to guve an example: uniswap has a tiny fraction of the Defi dominance of Chainlink and virtually zero institutional interest, AND it’s a governance token so quite literally useless.
>But it’s neck and neck with Link on Coinmarketcap.
You dodged this point by saying it's "akshually 4 places beneath LINK, so doesn't matter", which only holds true by the way because CM miscalculated UNI's circulating supply. So, the point stands. UNI does literally nothing and is keeping pace with Chainlink, while they are dumping more of the supply. How?

Because you refused to engage on that anon's point I brought up an even better example: XML. Not only did XLM catch up with LINK, it surpassed LINK and has been outperforming it for months! On what merit? On what news? If you can't answer this question, then what are you even arguing about?

Just let me know if you still can't follow the order of events here, fudfriend.

>> No.56078838

>>56078701
what are you suggesting? that they put chemicals in the chart that turns the frickin' price gay?

>> No.56078904

>>56078714
>it simply follows the market
Well yes, when Bitcoin dumps hard enough the entire market crashes.

>> No.56078945

>>56075393
>banks will have to buy it
Lol. Lmao.
>>56078372
>Our best hope to pump the price is to convince the next generation of crypto buyers that it’s going to moon soon.
This is the most intelligent statement in this thread. Just like every other crypto (aka ponzis) the only demand for this garbage is from greedy speculators.

>> No.56079167
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56079167

the fud doesn't demoralize me, what does demoralize me is that the same people who own link are STILL dumb enough to argue with obvious fudders. How fucking dumb do you have to be, they've been posting the same arguments and leading you morons in the same circles for years now. stop fucking engaging retards.

>> No.56079188

>>56078945
>Lol. Lmao.
He can't recognize his fellow fudders. Lol, lmao.

>> No.56079448

>>56075329
>why would I buy a can of Coke if the Coca Cola Company give it away at sponsor events and sells it to earn money?

>> No.56079501

>>56076265
Look up google or amazon charts from 2004 and explain that to us

>> No.56079543

>>56079167
This is the real problem. That 24pbtid character is obviously here to muddy the waters and detract from any constructive conversation

>> No.56079886

>>56079167
Link holders started this with their "fud reddit out" and anyone who didn't sell is now stuck eating this retarded "hiding strategy". Yeah, congrats OG linky ironic fudders, you successfully demoralized yourselves, potential retail investors, and biz itself - the only people who've won are the paid fudders, market shorters and scammers.

Congrats on that, seriously. Reddit will never own a piece of the 4th industrial revolution now!

>> No.56079927

>>56078431
What you stupid niggers can't seem to understand when you post shit like this; Chainlink is tapping into GLOBAL banking infrastructure. Think about how many people there are in the world, can they afford to take part in the fourth industrial revolution? Do they even know that it's coming? We are watching a new technology revolutionize antiquated systems. Even if it takes 10 years to reach $1000, it is a sure thing. Why wouldn't you invest / stake LINK if the inevitable is bound to happen?

>> No.56080103

>>56078309
>I want to try a similar service, do you know?

For stablecoins SpoolFi is a very good option, it allows you leverage on multiple yield farming platforms to earn yields.

>> No.56080116

>>56075329
Better add some fun and kas, setting yourself up for success later on

>> No.56080992

>>56080103
Only stablecoins, no other assets?

>> No.56081019

>>56080992
yes, no other assets, it sucks

>> No.56081347

>>56080992
I believe other assets will be coming with it's V2 which is set to go live in a matter of weeks.

>> No.56081529

>>56079927
this post made me buy more link

>> No.56081544

>>56076409
This
Btc actually has a usecase which is suppressing link

>> No.56081547

>>56078431
sergay has to pay me eventually if i buy all the big macs

>> No.56081829

>>56080103
>>56080992
>>56081019
Currynigger posts

>> No.56081987

Okay, I'm bored now. How long is this staking shit?

>> No.56082122

>>56080992
The Apy on stablecoins are mostly little anon, I for one manage my risk on others like the Ldo/Eth LM pool or Dua on Allianceblock for decent yields.

>> No.56082449

Reading this thread is quite depressing. Looks like even community advocates have abandoned the whole "utility and banks will make link pump". Our only hope is a retail speculative pump now, and it's ok because "that's how 99% of shitcoins do it and Chainlink's tokenomics are on par with this"

>> No.56082461

>>56082122
Kill yourself currynigger

>> No.56082477

>>56082449
;-)

>> No.56082559

>>56082477
Oh well

>> No.56082646

>>56082559
The honest to god truth is no one fucking knows

>> No.56082931

>>56082646
It is worrying about the future of Chainlink that they seem to treat the token only as a funding mechanism, they talk directly go clients and don't ask them to buy the token but rather ask them to give them fiat and pocket it while they release tokens from their supply. It's not very ethical

>> No.56082977

>>56082461
Go fuck your mum ranjeesh

>> No.56083111

>>56082977
Seethe more, third worlder

>> No.56083541

>>56078009
Some newbies don't get it, folks just show up and buy random alts even when BTC's taking a hit. I grabbed more DUA, and soon users will be able to move cash from their linked bank account to a USDC pool

>> No.56084029

What if there is a powerful institution that is actively accumulating LINK, but they also have massive BTC holdings, so their strategy is to set their LINK buy orders well below market price, then use their BTC to dump the entire market so that their lowball LINK orders fill? They can then sell their cheap LINK OTC to anyone who needs it.

>> No.56084094

>>56079886
holy based
https://youtu.be/amblWB_NLVU
>discussing the importance of cyber security
>animates a thin blue hexagon around the entire issue
few.

>> No.56084130

>>5608409
How did you find this when it's only an hour old?
>access enablers
Holy fuck we're making it

>> No.56084147

>>56084130
I'm not an avocado; I'm anon, that's how.

>> No.56085360

>>56078719
Lmao he was 2 min over shift. Ig they dont pay OT

>> No.56085394

>>56084130
>>56084147
Gone already, damn. Timezone owned

>> No.56085615

Did Bezos give out shares of Amazon for free back in the day? Is that where CL got the idea?

>> No.56085914

>>56075329
why would i pay tax if the gov just prints money for free?

>> No.56087055

>>56075329
Then just but QANX fucker.
It's going to the moon as the private blockchain is live now
>paper hands fade away

>> No.56087114

>>56082931
Almost as if they are a business and not a pajeet scam

>> No.56087133

>>56087114
More of a charity except donors dont get the tax deduction

>> No.56087787

>>56075329
Anticipating SUPRA, the link killer.

>> No.56088187

>>56087787
Is their only space for one oracle provider? I doubt SupraOracles beats Chainlink but I always fear if for some reason a project can actually make another irrelevant and make it go to zero

>> No.56088240
File: 722 KB, 1268x714, 6F63FC54-0FCF-47F7-B7A1-6A2EEA71CDA2.jpg [View same] [iqdb] [saucenao] [google]
56088240

>>56084094
Also within first few seconds there is this Jewish logo. This reeks of kikery ghjvj

>> No.56088346

>>56087787
Oracles aren't heading anywhere without BTC driving the market while Allianceblock and Monero will ensure that the market is regulated...

>> No.56088425

>>56076306
Can we just get over Link and move to oracles like DIA and Supra oracles?

>> No.56088485

>>56084094
Except that's an octagon, retard.

>> No.56089072

>>56088187
Dyor on supra oracles and come back to this thread. Chainlink is not even bridgeless but supra has that covered with hypernova.

>> No.56089129

>>56088346
Oracles are the backbone of blockchain tech, without them no real-world data will be communicated or leveraged for defi use.

>> No.56089470

>>56085914
why would i pay for anything?

>> No.56091074

>>56089129
But real world assets have now dominated to blockchain space through Synthetix, Allianceblock, Maple finance etc without the help of any single oracle project... Why can't you prove yourself anon?