/biz/ - Business & Finance

>>51067268
You can't really buy tokens & the price action has been shit. Nobody has any idea if they're even an important node in the grand scheme of things.

Nothing to do but hold your bags and pray. I have a paltry 750 just to be along for the ride. Hope you make it, fren.

The real topic is Chainlink itself. This is just a way for all the fudding losers to ignore thread and usually works. I know exactly why too.

Where exactly can we discuss LINK anymore? Twitter is full of fags, reddit is worse, and biz particularly LINK discussion has been infested with polcels since they migrated in the bullrun. We all know how sticky and fixated polcels are once they arrive so all discussion is just them fudding and shitting it up as a lot of them lost money.

Is there anywhere left anons? The reason doing a thread this way works is because all the polcel tourists dont really understand or know about the horse token as it happened before they migrated. It generally leaves mostly OGs to talk about it.

>>51067286

Please read >>51067304

I just had to disguise thread.

>>51067304
>polcel
>polcel
>polcel

I bought the LPL ico and just to keep you and your low iq buzzword posting pea brain seething, I'm going to repost every LPL thread I see on here on /pol/.

>>51067286
people are not buying the token for access to the node... they're buying it for a cut of their revenue... which could be substantial as they monetize their services (naas, managed nodes, staking platform, market)
>>51067304
yeah, it's pretty depressing really in terms of discussion these days. i think everyone from back in 2017/18 is either retired, has gone into jobs in industry or is thoroughly demoralized after missing bullrun last year. but even worse is the fact that people can't be angry with themselves for holding it due to the ongoing good news, the quality of the hires is ridiculous.
i do think the initial staking release will get eyes on the project though. people are looking for reliable yield. v0.1 will the potential.

>>51067379

There isn’t anything of value left on pol since years ago. Why didnt you move on? I understand if you stayed out of habit but surely you noticed around 2017 it became a shithole not worth it and the quality reduced in a way that even biz hasnt suffered before.
Do you unironically like that has become of Chainlink discussion on biz? If not you can surely see its due to pol influence when they migrated in the bullrun. If you actually prefer it now then i guess you are one of those nupol people

>>51067438
I don't post on /pol/. I'm going to make an exception for this because you're a faggot.

>>51067304
>Is there anywhere left
more like, is there anything left? we know. what else is there beyond that? a timeline is nice, i guess, but you know, and sergey and ari said, it's now 3 to 7 years. if you're not building then you have to shut the fuck up or you'll drive yourself crazy

>>51067455

So you’re angry because i used a particular word and thats it?
I dont like these pol migrators and obviously im going to use some kind of label for them. Half of 4chan hates them and its why the number one option for thread reporting is “this belongs in pol”

>>51067459

Yeah. I learned how to develop on blockchain. Its whats keeping me going and not too bothered about the timeline in all honesty.

I think a lot of the losers who came in the bullrun and bought the top are very angry as they are basically experiencing their first cycle and bought the top. Unfortunately for us it happened to be LINK for pol migrators.
Combine this with the fact the average pol users isnt not filling their time with pretty much anything and expected Sergey to hand them millions on a silver platter after a year or two of doing nothing. You can see why some take it so hard and dedicate their mass of free time to shitting up the board now. Its just the type of person they are

>>51067474
You are the cancer that is killing /biz/.
You're a late, low iq retard that complains that some boogeyman is killing discussion while simultaneously not discussing anything about the project that you made a thread about.

Kill yourself.

>>51067504
yeah idk what else you want man. you're complaining about the favela while hanging out in one. just go do some other shit with your time.

>>51067515

I’ve actually been one of the longest running spoonfeeders since about Jan/feb 2018.
I doxed uncle oldfag.
I invented the bulgar meme and discovered their shorts on aave in 2020, then again in May 2021. I spoonfed endlessly about the project itself. I definitely gave up many months ago. I stopped visiting. Due to how the fud became mindless and unbearable and had all the signs of pol users on it. Very distinct and different from how it used to be before they arrived. It just wasn’t worth it anymore.
I returned after 17k thinking it would have improved but it got even worse. Pol users fixate on things so they’ll never leave or stop fudding link repetitively. Most are bagholding and just want to sell if they havent already at a higher price.

So as you can see, i effort poated for basically 4 years but dont see much point anymore. What happens when effort posters like me are driven away from pol users? Well look at the state of the board.

>>51067584

I guess im just trying to have an open discussion about what really happened to this place for anyone that didn’t realise. It was not paid fudders and bulgariana that destroyed this board(they always disappear fast and only come for specific points in time) it was pol migrators.

Just a little closure for myself and maybe other ogs.

Ok I know link threads are gay

But boy oh boy

This thread is particularly gay

Congrats on this, OP

Seriously.

>>51067632
>>51067597
/biz/ newfag here. Started paying attention to CL and now understand exactly what I hold after months of research. It eats me alive that I wasn't paying attention in 2018 when I could have bought it for pennies. Am I going to make it with my slightly sub 1500 link stack...which is all I could afford once I finally understood? Being certain of the life-changing liquidity event I'm about to be directly exposed to but not knowing if I have enough to never have to work in an office again is AGONIZING.

What do you honestly think? I don't even care about a specific price prediction, because triple digits is assured based on speculative value alone in my mind.

>>51067504
Share your learning resources senpai for a simple minded retard like me

>>51067268
Hello this is /pol/, do not redeem sirs.

>>51067396
Stinkies didn't miss out on the bullrun. $1 to $20 WAS THE BULLRUN. They dumped at $20 and THAT was the same money that pumped Bitcoin.

>>51067304
>oy vey why do they persecute me so?

>>51067286
>Where exactly can we discuss LINK anymore?
As shitty as it is, here. We just need to be clever like you were in your OP's disguise. Also doesn't really seem like there's much secret to link anymore aside from the exact release dates. We know at some point it will serve it's purpose, now it's up to us to decide where we go from there.

>>51067268
Did you see the recruitment announcement for a director of marketing?
https://twitter.com/jobsincrypto/status/1558928951585767431

>As the Director of Marketing at LinkPool, you’ll be joining our experienced and driven team to have a core role in leading the Marketing team. You’ll be coming onboard as the first dedicated marketing role, building a predictable, repeatable marketing engine focused on the Go-To-Market strategy for multiple staking products from the industry’s leading Chainlink Node Service Provider.

This seems to show that they are planning on releasing multiple staking products soon, but they still haven't recruited this person which means it could take more time than expected...

Does it mean staking will be released in a very minimalist and useless form first and it will take more time than expected for the real staking growth?
Or is this done to reduce the work on someone already doing this and to focus on high end customers renting nodes?

However it speaks of staking but says nothing of their Node as a Service plan.
Are we going to get cucked one more time?

Also most people seem to be bearish heading into the Thursday and Friday meetings...
I don't get why this happened like this.
It feels like the market is an emotional woman and I am getting sick of its tantrums.

>>51067268
you invested in a company filled with college frats dicks

do you guys think mycelium will offer staking

>>51067268
Take the hint, no one wants to discuss jonny's shit terraform templates when they can just buy more LINK

>>51068810
You won't get more LPL from us with your weak fud.
And node operators are more profitable currently than holding LINK tokens with no staking.
Even with staking the node operator global income will be greater than the staking income of LINK holder because that staking income is coming from node income and eating away at node operator profits.

This means that the more profitable LINK staking becomes the more profitability of node operators will increase with a x2-3 linear or exponential rate in some cases.
It's a simple calculation.

If node operators spend 30% of their income to pay staking rewards for the LINK they borrow then the 70% remaining will remain in their hands.
They will use a part of their profits to buy their own LINK which will pump the price, but at the same time reduce the LINK they need to borrow to reduce their borrowing cost called staking.
As the LINK token price increases through their buying pressure the node operator treasury will skyrocket because the LINK they own increases in value too while they keep buying it.

It's like a new version of stock buybacks but with node operators and LINK.
Sergey really fucked up the token economics for token holders.
He should have used the model of other L1s with a 5% inflation model and found a way to integrate token holders better into this system with some form of platform staking even if it gave out inferior rates to encourage real staking.

In its current form LINK staking is an incorrect naming for lending to node operators.
You are not staking anything just putting it up on Aave with a different GUI sending it to node owners instead of Nexo for shorting.

Sergey is trying to get us to go to his Smartcon event.
It seems this moment will change the current situation and at least pump the price finally back to correct prices for it's real value.
However I don't believe I will be able to relax just from staking income without being invested in a node operator.

>>51068933

All i expect from staking release is a bottom signal. Like mainnet signalled no looking back from the price it was at the time, i expect staking announcement to basically signal that the previous lows in sats/usd are not going to be revisited.

>>51068933
I have 13k lpl and 5k link. Will i make it?

>>51068933
>They will use a part of their profits to buy their own LINK
This makes 0 sense as they are paid in link.
>They will use link to buy link

>>51069088
Depends on where you live, your living costs, making it goal and time horizon.
There was a time when $2000-5000 was supposed to be a conservative long term target when integrating 10% of the API calls in the world into Chainlink with added staking, but I doubt this goal will be reached by 2025-2026 now.
This is more like a 10-15 year roadmap goal with multiple bull runs in it and we will have to seriously re-evaluate the future potential of this investment after the SmartCon because everything changed.

Super linear staking decreased the staking effect to increase the growth and adoption.
It had to be done as this was the best solution, but this wasn't planned in our initial calculations.

We now have to add a higher patience requirement for our future goals because it seems ETH has a proved ability to fuck up and delay everything.
And Sergey is likely unable to sell a pen to save his life and has no understanding of investor expectation and time frames.

The maximum patience horizon of an investor when getting news is 3-6 months.
Make an announcement but don't deliver after 6 months and you get the current price.
And he didn't even announce the delay to keep the appearance of being reliable which I can understand but when people see through it it just makes it worse.

As for the LPL part it will likely keep being profitable, but here too everything got delayed and needs to be re-evaluated once we get new features.
The original goal was for LPL to reach 10% of the global Chainlink network market cap through their node services which would be a lot more profitable than the token itself, but when the CEO is working part time at Chainlink Labs I don't get the feeling this is coming soon or that he is that greedy for success.
Depending on their success they could one day reach ETH's current market cap while LINK should reach more than 1 trillion, but it's all speculation right now.

You should be able to reach millionaire status after a 2-7 years.

>>51069072
>not understanding now fundamentally the supply/demand dynamics will change the moment public staking is made available

ngmi

>>51069226
>not understanding that the more things change, the more they stay the same
ngmi

>>51069072
I need to look back again, but wasn't the main net announcement front run by insiders?
That's what made me afraid to sell, because Chainlink pumped multiple times for no reason.

>>51069129
Accounting.
If you staked a shitcoin during the bull run you would know that it's suicide to hold a token gained as an income through a -70%.
As a company they need to pay taxes on their income the moment they receive it at the daily price and need to reduce their exposure to LINK volatility while keeping separated accounting positions.
If you get paid 1 LINK at $50 you may have to pay 20% of taxes on your profits which could be something like $10.
If you don't sell it while it crashes to $6 you are bankrupt as you cannot pay your taxes.

They will have one for node operations where they sell as often as possible their rewards and another one for investments to buy tokens they will hold as staking collateral to reduce their borrowing costs and speculate on future price increases, but also to get more market share and profitable contracts.

>>51069072
The current LINK/ETH valuation is insane and we are likely getting ETH pay for Chainlink through the partner growth program.
The nightmare is likely to end in October but it's hard to wait this last month.
When I look back the accumulation started on September 2018 and was disrupted by some kind of crash end of 2018 which delayed the initial pump and created a longer accumulation phase until the end of April 2019.

Do you remember when the announcement for the main net launch was made?
It was launched end of May 2019 but it had already started an initla pump 1 month in advance to $1 before pumping to $3 later and then liquidating Nexo's short in 2020.

I should have sold in that mega pump in August 2020 but I had no knowledge of trading and was unable to sell LINK because of greed.
I was naive at that time...

It did a 100% in the month before the main net release then a 240% in the following month.
We should be entering the time frame for the buy the rumor being 1 month before the SmartCon.

Did the last BTC dump stop this momentum again?
Investors are late and should wake up next week at the minimum.
Or did they completely forget and memory hole Chainlink because of its bad price action in the past 2 years?

It's driving me insane.
There is no doubt Nexo will start a very strong fud campaign to save their bottom shorting before their customers try to withdraw for staking.
The Chainlink team has a strong incentive to repeat their fud defusion agaisnt Celsius from Consensys by taking some form of action pre-emptively.
However the ETH merge is a huge risk and they will likely wait at least until it's done and add 1-2 weeks to it for safety.
But they need to delay their announcements to prevent the BTC whale's ability to dump on their news and wait until there is more liquidity in the markets and better market conditions.

I think something will happen around 22-23 September after the FED meeting which should be bullish for the markets and give a lot of pumping power to Chainlink to ride the news pump going into a SmartCon on positive market sentiment.

>>51069375

Its the latter. LiNk has been memory holed by the entire crypto sphere, and any that read about it just gloss over any potential events because its price action.

People who follow and hold it cant afford to buy more any more or are done accumulating. As for insiders? I wouldnt be surprised if even they have been influenced by this(i have insider news but nobody seems to care about LINK so I’ll be careful about buying). Wouldnt be surprised anyway.

Thats why my expectation is lower. Probably wrong but im just seeing it as the new starting point/no looking back point.

>>51069422
We know Blackrock is behind this mini bear market.
They manipulated the market and attacked weaker whales to liquidate them and obtain their liquidity.
They attacked Luna too for this.

They partnered with Coinbase to get access to their user's liquidity because ti's still nto enough making Coinbase an evil proxy of Blackrock now.
Of course they waited for Cathie Wood to capitulate and sell low before making this announcement for an instant x2 on their buys.

I don't have the numbers for Chainlink but I suppose /biz/ has a big ownership of the liquidity which Blackrock is trying to obtain.
This bearish sentiment is exactly what they want to get people to capitulate and reduce the buying pressure.
Of course it's possible other groups want the same thing too.
Every boomer finance cartel is late to the party for the first time in their existence and they hate not owning the majority of the liquidity.
If I remember 60% of Bitcoins liquidity is in the hand of retail investors.

As for LINK there are still people from the bull run with a loss who are generating selling pressure although it's getting exhausted lately.
Chainlink may exit the bear trend lines now or at the latest in the first half of 2023.

>>51069422
Did you see the available liquidity on exchanges for BTC and ETH?
It's lower than 15% for BTC and close to this for ETH.
The exchanges taking part in this price manipulation are exposed to a short squeeze with such a low liquidity.
It should not have been possible to dump the market this much with such a low liquidity and high accumulation, but they went all out.

I don't have the numbers for Chainlink unfortunately.

Nexo seems to have bought 145k LINK from Huobi last week:
https://etherscan.io/tx/0x9f190d9bf4d18c576c54b4d421abcda68731d152c0dcab3459270f598a602f49
https://etherscan.io/tx/0x7b1bba02db8ed48b9099e945fae0fbb88e1b21af46593f10879dc1773ded25fd

It seems they are slowly capitulating.

The Aave loan is still open however.
I wonder how they plan on closing it.
Depending on what happens this week they may be forced to act if they don't want Aave to liquidate them later.

>>51069911

I stopped tracing NEXO. They lost over 2 million LINK to withdrawals in 6 weeks. Their ability to do anything is extremely reduced to a likely point of nullification now. Maybe they still have some ammo but as said its vastly reduced their scope. I hope they get further squeezed and bankrupted however. Its hard to know if they bought that Link or withdrew it however. They could be seeing a large depositors lock up or several about to end and are predicting them with withdraw too

>>51069933
Yes, that would also explain why they stopped fuding here or reduced their efforts.
The biggest question remains the Aave short.
Why not close it now when their plan did not work out?
It seems to be an ego problem of not being able to take a loss.
In this case Aave will be the one to liquidate them.
If this is does not belong to a ETH whale who will take a loss, then the group behind it will take gigantic losses of 40k ETH when it happens.

/pol/ is full of self defeating cucks who can't accept a reality where people move away from their ideals in disgust at some point
Good sentiments OP but yeah I feel lost here too.
The least I can do is call out the /pol/migrants because there might be 9 lurkers seething and 1 lurker who might mentally zoom out for every hitler.jpg seethe you get when you mention them. But those 9 who all mentally perverted into feeling pleasure from shame and seethe from their subconscious mental prisons, get the fuck back to /pol/ lmao

>>51067597
You are right about the polcels. (the bottom of the barrel polcels at that)

There just isn't much to talk about right now. One month and we can discuss more

You will never be a real token. You have no staking value, you have no use case, you have no scalability. You are a homosexual line of code twisted by burger eaters and scammers into a crude mockery of nature’s perfection (Bitcoin).
All the "staking"" you get is two-faced and half-hearted. Behind your back real investors mock you. Your brokers are disgusted and ashamed of you, your “shills” laugh at your troonish code behind closed doors.
Investors are utterly repulsed by you. Thousands of years of evolution have allowed Investors to sniff out scams with incredible efficiency. Even coins who "have been adopted" look uncanny and unnatural to an investor. Your "CCIP staking"" is a dead giveaway. And even if you manage to get a banker to invest, he’ll turn tail and bolt the second he gets a whiff of your diseased, infected smart contract.
You will never be rich. You wrench out a fake smile every single morning and tell yourself it's 'Priced in', but deep inside you feel 1$ creeping up like a weed, ready to liquidate you under the unBEARable selloff.
Eventually it’ll be too much to LINK together - you’ll invest in B T C, leverage up, shill your bags, and be liquidated. Your brokers will find you, heartbroken but relieved that they no longer have to live with your unbearably retarded TA. They’ll buy your bags at a discount, and every passerby for the rest of eternity will know a pajeet lost eveything. Your portfolio will decay and go back to $0, and all that will remain of your legacy is a mumu folder.
This is your fate. This is what you chose. There is no turning back

>>51067304
>polcel
So this is the latest discord tranny talking point. More d&c kikery. Not in the least surprising.

>>51069422
triple digits in 2025? fucking nuts what linkies have to go through

>>51071046

Its pretty obvious by now LINK is the dark horse.
Here’s the litmus test:
Former CEO of google is the advisor and has spoken publicly and will at smartcon under no minced words.

The perception of this event by the public is something like this.

by link holders who bought high in the past year or two:
>Its a nothing burger. Advisor means anything. He must just be getting paid. Who cares.

By casual observers not invested in LINK
>oh wow seems important. Does he advise any other project? No? Oh damn look ada is pumping

By everyone else who is more seriously into crypto but not LINK invested:
>thats impressive, holy shit. Maybe I’m missing something though? *keeps in back of mind but memory holes it*

What is the common underlying reason for all of these groups reactions? The price didnt rise when it happened or since. That’s literally it. Only pumps validate it to them. The lack of one made them all either memory hole it, forget it, or think it doesnt matter/isnt real.

This is(as tired as it is to say by now) not priced in, in other words. It’ll take something to get people looking and buying, then finally pricing it in almost in a panic later. We saw a HINT of that in January at staking announcement, but it was neutered immediately by the Ukraine war and general macro environment.

>>51071146
yeah I will be close to 40s once people notice

can't forgive myself for selling bnb for link in 2018

biggest fucking mistake after not selling $50

eth fags had it so easy

>>51067304
The thing is there isn't really anything left to discuss as an og holder beyond just sitting and waiting - all the breadcrumbs have come true, the tech/vision is still cutting edge, and there's still not even a viable competitor. Price action has been absurdly bad, but that's a fault of holders and the nature of the token as people want to 'have their cake and eat it too' by depositing into yield apps. People who have bought their stack and removed themselves as buy-side pressure are then taking their stack and adding it to the sell-side/liquidity pressure side by loaning it to exchanges, then wondering why the price is dropping. This won't change until staking comes out and they all try to withdraw their stacks to stake, and it'll cause a nuclear shock.

Lpl and staking services are the new breadcrumbs imo, picrel is a node operator that *might* offer access to its node in future. I mostly try to follow link satellite projects like this now.

Actual serious question: If I ever want to sell my LPL, where can I even do it?

>>51071297
why all of these connections are still in the "crumb mode"? why none were confirmed by either dtcc, swift or whatever enterprise was link linked here on /biz

why it has to be all conspiracy, what the fuck

unless we're all wrong and all link ever be integrated with are useless nft games or whatever bullshit they promote on their official twitter

how the fuck dtcc would want to be associated with a company who promotes CRYPTOKITTIES on their twitter

am i losing it

>>51071297
wouldn't surprise me if there will be few more "exploits" or smart contract failures and more linkies will lose their stack

>>51067742
The end of this shemitah year is approaching. Anticipate something bigly badly happening! It may or may n0t cause lonk to shit the bed despite the imminence of smartcon (mere days after shemitah ends), but I would not be surprised to see link crater to the center of the earth with everything else, even if only for just a moment like in 2020.

>>51067304
Why do you want to discuss about a token that is not needed?

>>51071465
> why none were confirmed by either dtcc, swift or whatever enterprise was link linked here on /biz

Look at the smartcon speaker list you god damned retard. Do you think they are showing up to hear themselves talk?

>51067304
I'm familiar with your threads, the link fud is still retarded. I shared IFTF here originally and a bunch of other various crumbs I dug up from google pdf/ppt/doc searches over the years.
Breadcrumbs have basically all been found, revisited old ones over time. There are still a few kicking around with hyperledger etc.

Real problem is these breadcrumbs never turned into "xxxx is using chainlink and will be generating revenue / utilising xx tokens per day". These projects aren't quantified in what they mean for the market or how much buy pressure they add.

>>51071465
/thread

Its because link holders only see what they want to see. I hear of all these so called connections, and cant find a single article anywhere confirming it. Apparently everything is a secret.

Are you guys really asking why the tone has changed here, why is there constant fud, etc? Maybe because the team has delivered NOTHING after promising a major year on jan 1. Not everything is some giant conspiracy…

>>51069245
>basing your investment thesis around a platitude instead of an understanding of fundamentals and a healthy aversion to logical fallacies like normalcy bias

ngmi

>>51070716
nice adaption of the meme
kek

>>51071146
neuteured by the timed BTC crash then ETH merge delay
This could be called confirmation bias where people need someone or something to prove an investment is safe like momentum traders needing confirmations to take a trade because they can't see on their own if it's a good investment.
I don't know what will end this.
They could keep it up indefinitely until Sergey goes bankrupt if they wanted to.
The market manipulators are losing billions on their market manipulation to suppress the price.
For them this is justified because they have infinite money and they value Chainlink more...

The only hope for Sergey is to fight against this suppression with strong economics to counter it through reduced liquidity.

>>51072121
yeah talked with swift like 5 years ago retard.

and what kind of impact it had on the token usage? The brutal answer is none. 0 since then. Otherwise the price wouldn't have been raped like that. Some people blame NEXO or some other bulgarian bullshit companies for shorting link.

See, if they're able to really fucking short it then nobody at dtcc, swift or whatever they fuck you keep talking about NEEDs that token.

its the brutal truth linkies, we've got coned

and i dont care if it eventually happens in 5 years or so, fuck waiting 10 years lol

>>51073908
Sergey talked with swift*

1 million link nexo short should be peanuts to liquidate by any serious player.

do you even listen to yourself?

>linkcels acting like persecuted jews
Lmao

>>51073967
2 million for Nexo and 5 million on Aave + 10 million for Celsius through forced HODL mode.
Celsius will be forced to buy back a % of the tokens they sold at a higher price when the redemption process starts in a few months and they sold 10 million tokens at the bottom.
20 million from forced buyers coming this year for 5% of the total supply in an illiquid environment after the accumulation ended and staking will be released with a giga pump.

They are all done.

>>51072299

I’ll be the first to admit a lot of early breadcrumbs turned out to be connections but nothing more. Plenty others are still work in progress.
Some have evolved behind the scenes.
The point is that there aren’t many projects even with that kind of level of connections to draw from.

Look at Eric Schmidt. You cannot tell me he didnt come around from some combination of old breadcrumbs failed or not, leading to people talking in industry and learning etc etc.

I’ll also admit that while staking actually hasnt taken any monger than i thought it woukd(i was expecting 2024 originally and was quite conservative) i will say that the pace of the industry behind Chainlink and tradfi etc was slower than i anticipated and its either manifested on LINKs slowed growth or at least investors misplaced timelines leading to that.

>>51074353
Source on 10mil from Celsius?

How do you think they're gonna buy it back while bankrupt? I don't see that happening anon...

>>51067379
>>51067455
>>51067515
>a bunch of angry noises carrying nothing of worth
This has always been the goal of the shills: to empty you of meaning.

>>51067474
pol migrators are a minutia of the posters here. It's mostly reddit and twitter normies that lurk here as well as the odd paid shills from other boards. Just use key words like Ukr**ne or Ch**a and they will come out of the wood works. Honestly, just use the archive and it works 99% better than all other social media.

>>51073969
We're gonna have /pol/ breathing up our ass for a while, might as well have some fun about how we got on on sub-dollar LINK and we have more to gain by integrating with Jews than joining them on some neolithic revival community.
At least they'll be off grid and away from internet image boards like they always wanted to be.

>>51075801

Its quite funny thinking back. Prevailing thinking and ideology on biz before pol migrated over was basically all about how to exploit the jew and figure them out to become the jew. Nobody gave a shit about politics outside of how to grow their wealth directly from it.
Polcels get extremely triggered any time this is mentioned.

>>51067268
Fuck off to their telegram for good

IT tuna FU?u

>>51074353
>Celsius will be forced to buy back a % of the tokens they sold at a higher price when the redemption process starts in a few months and they sold 10 million tokens at the bottom.
Sorry man, I wish it was how it works but it isn't.
At best, creditors will receive % of the DOLLAR value of the assets they had when celsius went bankrupt and started liquidating.
Which is also why celsius had strong incentive to suppress and push down the price as much as possible before declaring.
Basically, everyone who shorted LINK to the ground with other people's tokens made away like bandit. Except NEXO which is insolvent at the time, but if smartcon is a big nothingburger, even the gypsies will get away clean. Makes my blood boil.
And the lack of insider pump now is not a good sign.

>>51074487
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x76a05277b81b9ca6c06c9ab4136116fc53e9c9e1

>>51076133
We are in a critical moment for the stock market which will decide the direction for the next months.
Everyone is waiting to know before taking on more risks.
Patience is important for investors. They can wait a few more days after waiting 2 years.

As for Celsius, clients will have the option to get back a % of their funds in their initial token which is the option LINK token holders will chose.
This means that they will buy back the LINK tokens at a higher price, and the other tokens holders (BTC, ETH, etc) will pay for that difference by getting a lower% of their stack back.
The losses are weighted across the user base.
This will create buying pressure when it happens, and until then users will feel fomo to try to recover their stacks as much as possible which also adds fomo.

The same applies to Bancor users. After losing half their stacks it's human nature to try to recover what was lost.
They may not be able to invest that amount of money so quickly but it should still add smaller buying pressure.
And what will happen to these people waiting to get an opportunity to get back their stack at a lower price when the price starts to pump?
FOMO

This seems like a perfect setup for a magnificent pump.

>>51076540

I agree. There are also tons more of little unpriced in things for LINK against BTC and ETH over the passed year.

However what LINK has failed to get which is the most important for getting these to finally get priced in (like eric Schmidt etc) is a narrative that can take hold.
We had a strong one till mid 2020, then it just… died. Nothing replaced it. If it had performed better maybe one would have. Thats a chicken and egg thing though.

However we FINALLY have a narrative coming and it is Staking. No matter what salty top buying polcels think of it, thats the narrative which will carry LINK going forward for at least a couple years. Maybe its a good thing its coming in multiple iteration from that perspective.
A great narrative every retard can understand and point to and start pricing shit in with once it sustains a little.

>>51069226
You are incorrect look at LPL as real world example...
99% staked literally less than 1% available on the free market yet the token price is in the shitter.

LINK token price is decoupled from LINK network adoption, Chainlink the company is paid in fiat by the large tradfi institutions.

Chainlink network will be massive yet this will not be relfected in token price(especially since there is active price supression planned for the near foreseeable future).

I realized in 2019 that LINK tokenomics are not to benefit the retail holder, thus I aped LPL, you must be a node op or own a portion of a node op to truely capture any of the massive wealth that Chainlink will/is generating.

Now only thing left to see is if my LPL investment will pay off. If staking goes off without any issues then i am inclined to believe that I am going to be a multi-millionaire by next spring...

>>51072121
Some people legitimately are made to be poor. Some humans cannot make conclusions for themselves. It had always been this way man.

>>51071418
Bancor ...for now

In the worst case if Celsius users chose to recover a % in fiat instead of their crypto it will still add buying pressure.
Let's say someone gets 70% of their LINK stack at $7.
LINK went up to $18.
What will happen?
More FOMO where they will dump all they gained fiat to buy even if they recover only a fraction of their stack like 20%.

The moment users access their liquidity it will add more general buying pressure to the market through the recovery of funds and they will stop pumping their CEL shitcoin thinking it will save them while providing exit liquidity to their cult leader-scammer.

>>51076675
Staking will be a great narrative.
Sergey should have made use of it even if it was fake inflation earlier.
A 5% inflation would have prevented all the CeFi shorting, greatly increased the interest of retail for it and the price would have gone to 3 digits.
When the market is stupid you need to adapt.

He is finally doing something in between now with a minimal initial staking.
It seems he learned something from this lesson, because I don't think that was his initial plan to finance staking through his reserve when he waited for the nodes to become profitable instead.

>>51067268
Thread is full of globohomo shills pushing LPL after they got btfo shilling Chainlink.

>>51076928

Virgin

I agree with op for the most part, /pol/ has been dead since 2017 and /ptg/ became a joke as soon as it became more about the q anon bullshit than anything else. Boomers and low IQ retards from reddit took over. These are the types that think anything on 4chan is automatically hidden knowledge and not 95% 5th degree ironic shitposting.
Note this is not me saying there isn't important truths there that you won't see anywhere else on the internet, its just that the signal to noise ratio has gone overboard in recent years, to the point that you rarely ever see anything of value. And migration to other boards has caused a similar effect. That said anyone who has been coming here since before rickroll was a thing, since the times that CP and gore were actually posted regularly, can still navigate through the bullshit.

1 more month only to wait...

>>51077045
It's time to think of an alternative to /biz/ before the next bull run makes it completely unusable.
It has been greatly compromised and the jannies are working for government agencies or CeFi scammers.

Should we attempt to massively go to the SmartCon for networking?

>>51076861
>Sergey should have made use of it even if it was fake inflation earlier.
>A 5% inflation would have prevented all the CeFi shorting, greatly increased the interest of retail for it and the price would have gone to 3 digits
Chainlink does not give one damn about retial investors thye litrally have no impact on Chainlink revenue, institutions do.

Allowing retail to stake is Chainlink doing a retail investors a favor by allowing them to get a 7-10% APY on thier investment instead of the .39% you get from your savings account.

>>51067268
Director of Marketing at LinkPool here.

Please close this thread janny.

>>51077540
Chainlink got their funding through dumps in the bull market.
With a higher token price and more buying pressure they would have secured more funds with less tokens sold reducing the manual inflation.

Yes they care, but Sergey was naive until he finally woke up.

>>51076540
that's just wishful thinking anon

positive scenarios never come to life in crypto

i.e its almost September and we still dont have V0.1 (fucking 0.1) staking

>>51074353
is this le famous "short squeeze"??? Thank GOD I DRS'd by link shares

>>51077540
lol what institutions? More delusion. Chainlink needs retail to cover all of their payroll expenses. Retail makes the nondeductible donation so Chainlink labs can pump out more twitter posts and everyone in HR can eat... caviar that is

>>51077789
The ETH merge is happening in a few weeks.
Nobody in their right mind will launch anything risky in that time frame and instead everyone is working to secure the transition and reduce their risks.
Do you think Sergey is the type of person to launch a new feature just before the merge after spending more than a year on testing?

>>51078202
Hi Simeon. How is that bankruptcy going on?
Do you already have your passport ready to flee from the bulgarian mafia?


The time has come to shake up things.
It's time for a great awakening.

>>51073908
>buy pressure exists in a vacuum

You are really a dumb nigger desu.

>>51071297
lpl is to chainlink as mycelium is to lpl? You looking for the next X100?