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/biz/ - Business & Finance

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56545651 No.56545651 [Reply] [Original]

Sergey is out for fucking blood. I think he's finally had enough of the suppression.

>> No.56545654

>>56545651
based lpl kiddo how you doing based kiddo

>> No.56545661

Maybe his team shouldn't sell link every single time it pumps?

>> No.56545664

he seems desperate after the price started dipping....lmfao.

>>guys were legit BUY US
>>please stop the price dump!

>> No.56545692

>>56545651
Do you even know what an oracle is??

>> No.56545790

he's just talking about jump/pyth
those scammers soft couped snx

>> No.56545836

>>56545651
>Other oracles are built for value extraction
>Dumps 10 millions link on the market

>> No.56545885

Bitcoin represents a moral system.
In the past, the preferred money was always hard and sound. In the present, it's the opposite, which is only natural, because money oscillates between elastic states and harder, sounder states.
Look at ampleforth (ticker:ampl). This is a beautiful elastic money. Follow the chart. Wen elasticity gets pushed up or down, you will begin too understand the rhythm. As the ocean tide goes in and out, in and out...
When ampl hits it's ceiling, or floor, make your trade. That's the beauty of ampl

>> No.56545897

>>56545885
Elasticy is one moral system.
Fiat is elastic. Elasticity is beautiful. Because it always goes back. Fiat went way out, now it will get shot back by a hard sound moral system, Bitcoin.

>> No.56545905

>*market dumps another stack of link on Binance*
ah yes, a man of the people

>> No.56545909
File: 237 KB, 1392x1242, 1627595629030.jpg [View same] [iqdb] [saucenao] [google]
56545909

>>56545651
I wonder what goes on at Chainlink behind the scenes.
Sometimes I daydream about whether or not they have everything planned out 10 years in advance with their partners and simply paint the chart with whatever price suits their needs or if it's a savage knife fight with shifting politics, alliances and betrayals where their every day is an existential battle for survival.

>> No.56545913

>>56545909
it's a bunch of retards in a room

>> No.56545926

sounds desperate

also the entire future of these middlemen services relies on multiple independent parties having mostly equal marketshare.
oracles services are like mining pools, it's not safe to have only one or two dominate the data feeds for applications. there'll never be a single winner unless oracles as a technology lose out.

>> No.56545949

>>56545651
>value extraction from unsuspecting users
true, link innovates here by extracting value from a completely unrelated group that falls easily for vague visions and marketing

>> No.56545959

>>56545926
>multiple independent parties having mostly equal marketshare
lel are you a commie?

Why would anybody trust one oracle service from another?
By track record. By fame and clout.
You need some form of bounded playing field or measured track to judge one competitor from another.
Chainlink is the oracle arena.
Chainlink is the playing field on which trusted oracle services compete. Sure there will be independent oracle service outside the network that nobody trusts, because they don't compete in the big league, in Chainlink's oracle arena.
Only legitimate DONs can compete there.

>> No.56545980

>>56545651
Thanks for the link faggot. Anybody know if Sergey spoke at the Hong Kong fintech conference? I thought he was supposed to remote in but didn't see it on their channel.

>> No.56545984

>>56545651
He’s going to save us all

>> No.56545989

>>56545980
He said what Hong Kong is doing makes sense.

>> No.56546018

>>56545959
esl?
>oracles services are like mining pools, it's not safe to have only one or two dominate the data feeds for applications

>> No.56546043

>>56545989
https://twitter.com/ChrisBarrett/status/1720266933382062206.. I found this. Is the video posted anywhere? I'm not seeing it on the Hong Kong FinTech Week youtube channel.

>> No.56546048

>>56546043
Hopefully they put it up later at least

>> No.56546237

>>56545651
Sergey is the one suppressing the price.

>> No.56546247

>>56545651
not true for Tellor though, if anything Tellor is more decentralized than LINK
just slower

>> No.56546256

Everything is gay

>> No.56546261

>>56545980
Yup he did. Just the usual presentation though

>Sergey walks on stage
>”ah, um, hello guys, thank you and welcome. I’d like to welcome our special guest, the elusive Satoshi Nakamoto.”
>Sergey turns around and fiddles with his hair and face
>turns back around with big fake buck teeth, pulling his eyes back
>”ahhsoooooo herro everybodeeeee itssa me, Satoshi Nakamoto-San! Me inventee bitcoinaruuu!”

>> No.56546267

>>56546247
doesn't matter how decentralized they are if the incentivization is based around a common token.
any serious protocol will need a highly diversified oracle set. that means either native to their chain and secured by their native chain's validators or miners, or multiple third party networks like chainlink to remove single sources of failure/manipulation.

>> No.56546272

What stops the hegemonic force of the world from just banning this shit because it doesn’t have the power it wants? Do you just imagine that will all go smoothly? Or do you not think it will be an issue? Genuinely curious, especially if America loses dominance in the future.

>> No.56546354

>>56546043
English First Language? Those are some solid sentences bro

>> No.56546495
File: 104 KB, 1595x867, retardnation.png [View same] [iqdb] [saucenao] [google]
56546495

>>56545885
>ampl
this?

>> No.56546508

>>56546256
Based

>> No.56546527

>>56546043
Full video here: https://x.com/nullpackets/status/1720306653361471629?s=20

>> No.56546592

serious projects will build a bespoke oracle for their purpose. maybe they'll copy some of the link code, but calculating a median isn't rocket science

>> No.56546957

>>56546261
I'm glad the gooks had a good sense of humor about that little stunt

>> No.56546973

>>56546267
sure but if you're doing multiple third party that puts Tellor on equal footing with CL, making Tellor quite undervalued

>> No.56546987

>>56546592
we're back to 2018 tier fud I see kek

>> No.56547115

>>56545692
His Web3 integration tech is top-notch, still I got this flair for OGBX, one gaming token you should stack up the bull, I keep dropping alphas on the biz, so get on chads.

>> No.56547184

>>56545651
>I think he's finally had enough of the suppression.
The biggest suppression was coming from them dumping though...

>> No.56547591

>>56545959
>duuuuuuuuuuude just buy my BUZZ words

>duuuuuuuuuuuuude p p puhhhhhleaaaaaaaze

>> No.56547622
File: 135 KB, 1200x1807, 1547605133102.png [View same] [iqdb] [saucenao] [google]
56547622

>>56545661
This.

>PLEASE KEEP BUYING OUR INSTAMINED SHITCOIN, WHILE WE CONTINUE TO DUMP INTO SPOT MARKETS!

>> No.56547642
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56547642

>>56546987
Heres some modern “fud” (reality) for you

>> No.56547649

>>56545651
>dumps billions worth of TNNs
>"see, it's the others who are greedy!"
ok boris

>> No.56547671
File: 116 KB, 688x910, 1696281655287059.jpg [View same] [iqdb] [saucenao] [google]
56547671

>>56547642
VeChain is the most appropriate analogy for LINK, since they have literally the same business model: dumping tokens while pretending to have some corporate partnerships and an "enterprise solution" which no enterprise actually use.

>> No.56547704

>>56545651
Why can't Sergey just do like he did with Bitcoin and keep a bunch untouched in a wallet forever, or even burn the teams bigass holding.

>> No.56547722

>>56545651
Sergey being obsessed with the price dropping has been pretty funny ngl, feels like the treasury is kinda running out and he needs to pump and dump

>> No.56547733

>>56547704
They would run out of money for corporate celebrities like Tim Cook and funding bagholder ComicCons.

Don't forget that Chainlink has no revenue from software services. All their money comes from dumping the token.

>> No.56547756

>Fuddies itt SEETHING
Based Serg.

>> No.56547802

He hasn't killed anyone ... yet.

>> No.56549198

>>56547802
He’s killed any positive sentiment for link as well as every pump, does that count?

>> No.56549228

>>56546527
>https://x.com/nullpackets/status/1720306653361471629?s=20
insanely bullish but still dumping

>> No.56549239

>>56549198
it's not him, its just what all alts that have already pumped do. link now has to wait for bitcoin to make new highs before it can and those highs just get harder to make each successive cycle.

>> No.56549297

>>56546987
there are no new developments worth notice since 2018, that's why the "fud" remains unchanged: it's still relevant

>> No.56549313

>>56547733
That's also how node operators are paid, which in theory should mean that problem would apply to any other crypto currency too.

Since no company is accepting link as payment, of course the only way anyone involved with the project is going to make actual money is by selling the token. You could make the same argument for bitcoin, or ethereum, or any other crypto currency. Because that's how all miners or node operators get paid for all cryptos.

>> No.56549349

>>56549297
Low latency oracles? Are you retarded?

>> No.56549414

>>56549239
Bitcoin is just another node in the Chainlink network.

>> No.56549473

>>56549349
no one cares about a .01% improvement on an existing "product"

>> No.56549528

>>56549414
bitcoin is its own oracle, nobody is implementing lesser security networks

>> No.56549530
File: 2.92 MB, 306x205, 1694418907019452.gif [View same] [iqdb] [saucenao] [google]
56549530

>>56545909
Anon I'm pretty sure it's none of both situations. I've been involved with startups and innovation. It's probably a bunch of kids straight from the University who getting paid boatloads of money for just fucking around and having fun, while a few people in the company are trying everything they can to get enterprise adoption so Sergey fulfilled his promises and he can slowly offload his tokens while paying himself an salary.

Can you imagine: you make a product sell it to the most hated people in the current world (anarchist right wingers) just so you can sponsor Proof-of-Concepts with the financial enterprises and paying yourself handsomely during this time.

I'm betting he is laughing his as off with his banking friends about this situation. I know I would.

>> No.56550262
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56550262

>>56545651
Their Twitter content is meant for us and us alone. They’re just getting us to hold for longer. That’s literally it.

>> No.56550321

>>56549530
your utterly retarded judgement of Sergey's character is justification enough to do the opposite of whatever you say. so thanks, i'm full blown wignatsoc now.

>> No.56550429

>>56545654
can someone explain this meme to me?

>> No.56550433
File: 147 KB, 1333x1172, linkvet.png [View same] [iqdb] [saucenao] [google]
56550433

>>56547642
>purposefully misrepresenting data and hoping people aren't smart enough to notice
you're right that does pretty much sum up modern fud

>> No.56550466

>>56550433
>if I post the log chart I might manage to gaslight them lol
they are literally aligned from 2021 and beyond
are you blind?

>> No.56550523

>>56550429
It's a forced meme by lpl holders

>> No.56550553

>>56550466
you may need to make an appointment with an eye doctor

>> No.56550593

>>56550523
What's it even supposed to mean or accomplish?

>> No.56550666
File: 573 KB, 585x657, Smile.png [View same] [iqdb] [saucenao] [google]
56550666

>>56545651

>> No.56550717

>>56549313
Bitcoin does not have endless sell pressure from insiders that receive tokens for free

>> No.56550759

>>56550429
Just a twisted mind trying to shill his bags.

>> No.56550921

>>56550717
>Bitcoin does not have endless sell pressure from insiders
It did though. People were mining ridiculous amounts with just a laptop in the early days. It's a more "fair" and decentralized way of distributing early coins, but the end result is the same: a small select group is constantly selling huge amounts of coins. Bitcoin inflation was absolutely enormous early on, and pretty high as far as 2016 even.

https://charts.bitbo.io/inflation/

Chainlink is currently releasing 7% of the total supply every year, which means roughly 14% inflation this year. The inflation will taper down as more of the supply is released and will eventually hit 0. If you think that's bad compared to Bitcoin you're just a brainlet and latecomer to crypto.
>tfw ETH was inflating 15% per year and didn't have a max supply cap
Good times.

>> No.56550962

>>56547115
Learn English grammar you shit skin fuck

>> No.56551058

>>56545909
it's fully remote. the teams are siloed from one another. the top brass give directives to research who come up with specs for the product teams. they get feedback from developers and observe trends for prospective usage and adoption, which gets fed back to the top. repeat. if you zoom your perspective out too far you'd never get anything done. but at the base level is a simple problem that they've stuck with the entire time, which is maintaining the same security as a blockchain while performing off-chain computation

>> No.56551448

>>56550593
Making lpl look like an organically memed investment I'm guessing

>> No.56551486

>Chainlink's being *pfff* b-built to resist manipulation HAAAAAAAAAAAHAHAHAHAHA he says as he continues to DCA out
this nigger literally has wallets with hundreds of millions of LINK that he dumps consistently every single week

>> No.56551633

>>56545651
Sergey is fkn scared of SupraOracles.

>> No.56551680

>>56551448
basedo LPL kiddo how you doing today kiddo?

>> No.56551840

>>56551486
>as he continues to DCA out
Opposed to...?

>> No.56551916
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56551916

>>56551633
Doubt it

>> No.56552012

>>56545651
Sergey isn't out for anything except the dollars I'm your pocket and cheeseburgers. lmao how can a man who can't even take care of his body be taken seriously

>> No.56552033
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56552033

>>56545651
when will the heads behind ETH start being arrested?

>> No.56552051

>>56545651
Anything positive and negative that happens in crypto, Link will dump. I dont know what kind of miracle is needed for this shit to finally moon. Maybe economic collapse?

>> No.56552081

>>56551840
DCA in. Just a guess.

>> No.56553447

>>56551486
Does this work on anyone? Did anyone buy into LINK thinking the full supply would never be circulating?

>> No.56554330

>>56545885
Damn I thought I was the only one here still holding that coin. Can't seem to let it go because the idea is too good, even though no one seems to care.

>> No.56554366

>>56545885
Delusional baggie. Nobody is buying a dead flavour of the month shitcoin ŕrom the last bull run.

>> No.56554456

>>56554366
idgafwytb!
The beauty of ampl is that it doesn't matter if nobody is buying or if everybody is buying. It always returns to target. MC can be 10 million, 100 million, 10 billion, doesn't matter. It still follows the rules of perfect elasticity.
I don't say to buy or sell, all I say is study the chart. It's a bellwether. You will learn valuable insights.
>>56554330
For me, it's the most fun to trade. There is also reason to hold, as long as SPOT continues to function as expected. When the flatcoin narrative gets its day in the sun, ampl will pump once again. You're right that the idea is fun. There will be plenty of n00bs that fomo in for the next pump. Can easily 10x. That's a good time to sell

>> No.56554473

>>56545989
makes sense (thumb up)

>> No.56554537
File: 304 KB, 1224x508, Screen Shot 2023-11-03 at 9.45.29 PM.png [View same] [iqdb] [saucenao] [google]
56554537

>>56546495
No, that's a stonk that bit off the ticker.
The shitcoin ampl price chart is like no other. It's like a heartbeat. It's like an ocean tide chart.
The ampl MC chart looks primed
The devs have been building all along since defi summer. The invented rebase. They continue to invent novel money. Look into $SPOT