/biz/ - Business & Finance

No. Its a pump and dump shitcoin. Im not being a dick, the first thing you look for with literally any project is thst the dev doesnt hold a large proportion of it.

Take a step back from your bags.

Its an erc20 token

Made by russians and pajeets

They dump on their holders.

The chart looks exactly like any other shitcoin

>>54811423
$81k or zero

>>54811485
reddit

spacing

>>54811423
>boolish news
>very boolish partnerships
>boolish
the shitcoining has gotten so bad most folks have entirely lost the plot.

>>54811577
linkchud

seething

>>54811485
>No. Its a pump and dump shitcoin. Im not being a dick, the first thing you look for with literally any project is thst the dev doesnt hold a large proportion of it.
Most left are for stakers and node ops.
>Its an erc20 token
677*
>Made by russians and pajeets
ari is a pajeet?
>They dump on their holders.
Name one cyrpto that has never sold their tokens to the public
>The chart looks exactly like any other shitcoin
No it doesn't

https://icodrops.com/chainlink/

>>54811423
yeah link is obvious
but leaving this board might be best for you if you can't take the fud and noise

retail won't care until SWIFT banks start running their own nodes backed with 2,500,000 link as collateral and it processes through their slow brains that this organization doesn't have the attention span of a gnat and accumulated their link sub $1 so they could be ready when the CCIP/SWIFT integration would be finalized. Then retail will FOMO.

>>54811423
For me, it's uncapping staking to trigger 1k and the singularity. Imagine if any Link you bought could be immediately staked... for more Link. There would be no end to the buying. Even OG fags would start buying in again. Glorious to think about.

Only the full version of staking could save us at this point.

>>54811660
I don't want to leave this board. The fud here is terrible but this board is where i found out about Ftx collapse, luna, and other news before it reaches normies. Also alot of other link frens still come here from time to time and give some hope about links future. If it wasn't for them i wouldn't have been buying as much.

>>54811423
The only people left with LINK are bagholders who got in at previous ATH.
All the OGs from 2017 dumped above $40.

If this failed to even apprach ATH during the crazy years of 2020-2021 bullrun, how delusional do you have to be?

>>54811650
>Most left are for stakers and node ops.

Lmao. Imagine being a delusional bagholder whose only hope at improving their impoverished lives sit with a 2017 premined ICO where the two biggest wallets control 60% of the supply....

I can only think of one large mcap shitcoin that is more corrupt that Chainlink and that is XRP.

>>54811703
>Only the full version of staking could save us at this point.

What does that even mean?
You do realize Sergey has to collect revenue somewhere to be able to pay out an interest rate to the incels holding the LINK tokens (not needed)?

You do understand that "staking" is just NEET vocabulator for "interest rate"?

So far, the scam has played out such that Sergey only pays out interest in worthless premined tokens (not needed), which have no value because they are printed out of thin air and centrally controlled.

Sergey can't afford to pay out interest in real money like USD or BTC because he would be insolvent as Chainlink has no revenues, no sales, no income, besides the money he makes from dumping tokens (not needed) from his personal stack on the spot markets.

Do you shitcoiner incels even understand where money comes from?

I don't think it will, the new finance system doesn't include link.
I have link in case I'm wrong.

>>54812002
ummm retard this when you're supposed to remember that the ponzi has over 450m link still to dump
as long as swift news comes in next five years they're fine then the wild west will be regulated, the best will become entrenched and everything else dies

I didn't realise just how much actual hate there was for Chainlink until I saw the responses to blur's new "no oracle NFT lending" product.
Like, ETH crowd actually fucking hates LINK. It's not neutral, it's not ignorance, it's not minor irritation. They fucking hate it.
Which means that Chainlink has to succeed with absolutely zero enthusiasm, hype or positive attention from the devs and markets makers that constitute the largest dev power group in crypto.
It's a long uphill battle.

>>54812100
So your best defense is that LINK can continue to fund NEET nodes by just dumping more of its premined tokens (not needed)?

Whoa. Imagine being a token holder and thinking this is somekind of investment, lmao. This is literally worse than holding just US dollars.

>>54812133

>>54812133
Chainlink won't suceed because their technology is obsolete, DEFI is dead and a worthless scam with no value or redeeming qualities.
There is only one crypto and it's called BTC and it requires no proprietary oracles.

>>54812168

>>54812189

>>54812168
>>54812189
What I don't get is that the guy in that pic I linked is an ex Maker bigwig. Does Maker even have MEV? I know Maker were one of the biggest holdouts against using Chainlink, but I don't even get how that sort of protocol profits from being hostile to Chainlink.

>>54812203

>>54812189
https://www.youtube.com/watch?v=X210gtpOQK4

>>54812002
Lmao, screencapped this. Good post. You’ll see this show back up in threads here. It is jawdropping how financially illiterate people here are.

>>54811423
i have always believed
from the bottom of my heart

we're all gonna make it, friend
we are truly ALL gonna make it
no matter what

>>54812160
Hahahahahaha they are literally bragging about Link having a lot of cash, which is literally the cash they gave the team to dump on them. Stockholm is fascinating

>>54811423
IF that fat fucking burger eating bastard didnt hire 60 female overpaid programmers it might be- BUT IF THAT STUPUD FUCKING DUMPS 500K LINK EVERY FUCKING WEEK TO PAY FOR HES FUCKED UP DECISIONS

>>54812160
there won't be neet nodes
that sounds like 2018/19 to me so i guess you sold early back then

>>54812133
based run the juels pointed out to these niggers that this is an oracle but a really niche oracle that has to compete with the hundreds of lending and loan protocols and by the way desu chainlink is an entire suite of decentralized oracle networks that can do this lil usecase and so much more
protip bruh the average retard using things like lending does not care about some behind the scenes narrative war you guys are fighting so to get traction you would have to have VCs take positions against themselves or their rich friends good luck

>>54812002
The money comes from VCs bro
>VCs get early access for cheap
>gobble up the entire supply
>lend out some of this supply to exchanges for a fee
>VCs exchanges and paid influencers shill tokens to retards at a higher price than they got them for
>retail apes in confusing a pyramid scheme with a lottery ticket because some whales made it like ten years ago
>VCs sell presale tokens for profit
>split returns with exchanges and influencers
But now we have BUIDL and SCALE which interrupt this cycle to sell data to projects so they can allegedly do more things
>based lankies get early access to 3-5% of tokens but not as cheaply as VCs get them for
There are a bunch of degenerate transexual freaks that will not be able to afford HRT so they can groom the next batch of children into transitioning and because of this chainlink is evil

really makes you think

>>54812221
Where did you get this screenshot, it's the fourth time you posted it since April 25th and no one has seemed to care but is that something in test currently?

>>54812762
it's from twitter
some chainlink advocate posted it
will just be a mockup don't get excited

>>54812774
It would be a great feature. Why mock it up if it's not being worked on?

>>54812832
>Why mock it up if it's not being worked on?
Chainlink advocates like Junko think it is hilarious and ironic to make shit up

>>54811423
Honestly not anymore. Been bagholding since day 1. Just hoping for $100 and I’ll be happy.

>>54812832
to give people like you hope?
cll is trying to get arbitrum onto fss, it's far bigger than corrupted uniswap but shit like this is good to communicate potential to reddit i guess

>>54812858
she's not an advocate, she's (lets be honest, he) is a troll which is very obvious to people with an IQ in the triple digits.

>>54812925
Um no he is literally a real azn gurl named Adelyn seeth and this is very obvious to gigachads with 4 digit IQs
>tfw stuck in six digit IQ hell

serious question are these oracle free oracle lite oracle optional solutions coming to smartcon?

based sergey should roll out the red carpet for paradigm and the mev mafia

>>54812189

>>54812168

This sums the entire situation pretty clearly. DEFI is completely unusable in a institutional sense and with its current model can't begin to even remotely replace parts of tradfi.

MEV is worth hundreds of millions to billions of virtually risk free profits that institutions/organizations/dapps like JUMP, Uniswap, Infura nodes, and ETH whales/devs all profit from immensely and will absolutely never give up willingly. It would have to be pried from their dead cold hands.

Chainlink naturally wants to integrate legacy institutions into the space and move the needle forward making smart contracts the dominant form of agreement for the global economy and decentralized finance the premiere form of transacting value . This begins with MEV profits minimized to 0. DEFI is practically less trustworthy than tradfi right now because moneyed interests can literally pay for the transactions in the mempool to be ordered to their liking.

Chainlink has been outspoken for years about MEV and routinely puts out solutions to solve it. Many of the very people who profit from it would have to pay LINK for the solution while losing all these profits at the same time.

They have more assets collectively than Chainlink does as well and its likely regulation in the space will eventually stop them but they are literally doing everything in their power to drag this out as long as possible.

This is why trannies call everyone on here cucks all day because they absolutely need Chainlink to fail so the gravy train keeps on chugging.

>>54811423

Comfy space music

https://www.youtube.com/watch?v=tKu5petuLhk

>>54813060
Yeah I think that about sums it up.

>>54813060
Degenerate trannies have an obligation to rip you off so they can finance the rainbow agenda in schools and public places near you. Now this might offend your backwater sensibilities but if you do not
>want homosexuals with a criminal history reading stories to children in drag
>faggots fisting each other in Main St USA while dressed as dogs
>HRT injected into five year olds
>convicted pedos in power
>institutions created to facilitate pedofile access to children
>estrogen in the water supply to turn the freaking frog gay
Then you ser are a bigot and stand against ETH and everything ETH stands for which is the future. It is common sense that loud faggots should be heard everywhere and niggers should interrupt your dinner to distract (you) from worrying about MEV and the trillions of dollars that was fleeced from retail and funnelled into great forward thinking campaigns like those I listed above.

Only a gay bashing homophobe would disagree!

>>54811650
you are fucking dumb lmao

>>54813219
OH NO NO NO NO FUDDIES IN DISBELIEF

>a two man team is responsible for this level of seeth
based just invested 100k

>>54811423
Probably but I don't know anymore how and when this will happen.
We need a miracle.

I was expecting a faster adoption of crypto and blockchain technology, but it seems AIs will front run it.
We really need tokenization to start adding a trillion of assets.

On the positive side we have FedNow in July which will require CCIP to connect it with other chains as they are using a free copy of XRP to run it which is unironically a death sentence for XRP that they ignore.

Chainlink Functions will be released this year, and should need CCIP for full functionality.
Having digital central bank dollars on a chain may be a big hurdle towards tokenization of assets as using a USDC shitcoin which can de-peg on a week end of fud is hardly an improvement over the bank runs for risk adverse institutions.

>>54814125
if you have no idea about what you're talking about then don't talk

>>54811423
Not sire about that anon, the quant grade for LINK on an AI research tool is about 36%. Waiting for levels above 60% before I consider investing, and the TA grade is below 16%.

>>54811423
:(
what happened to us...

yes, in 2026

I'm so tired bros. Been waging for 40-60+ hours the past decade and bagholding link for half that time. All I want is enough money to support a modest lifestyle for a family and care for my aging mother.

>>54811423
Just found an interesting paper:
https://www.abstraction.capital/insights
>When wallets integrate CCIP natively, users interacting with dApp interfaces will not even need to be
aware of the specific chain they are using, just as they are unaware of the specific cloud provider when
using a service like Netflix.

I had completely forgotten about this possibility.
This is what it means for Chainlink to become a layer 0.
The base interface to blockchain technology.
Users would not need to know about ETH and other L2s and would just click on a button on the web interface executing a Chainlink service.

>>54814393

>>54814390
Me too anon, me too
What was I thinking two years ago, holy fucking shit
What a humbling but needlessly fucking brutal experience
I was at the door of freedom, everything I've ever wanted

>>54811650
>ACKCHUALLY it’s an ERC667 token

Why do people say this as if it makes the Link token something dramatically different from every other ERC20 token? 667 literally just means the token contract has ONE extra function in it. How does the transferAndCall() function set Chainlink so much apart from other shitcoins? How often do you (or anyone) utilize the transferAndCall() function on your links? The only functions people use are approve() and transfer()

>>54814393
I was at Consensus…we are so far away from any meaningful version of CCIP. If you knew what is involved, you’d realize this. Circle JUST released a protocol to transfer ONE STABLECOIN between TWO chains. And you think Chainlink is anywhere near having a way of transferring any logic across all chains?

They’ll start with one super basic use case that one application uses for one very specific application.

>>54814542
CCIP is already running on more than a dozen testnets. I’m sure some anon has the pic from the documentation.

>>54814557
What documentation? There is no public CCIP documentation. After talking with many team members, including Sergey himself, I am not getting excited about CCIP or “Web3” in general for a long time.

>>54811423
The charts just going to zero, lost a lot of money with link, lost my slutty girlfriend too, miss her bj's, all OG's have dumped it too, might go with some low caps like ore, zil. might ape in some more pepe than link.

>>54811423
*yawn* 2018 called, buddy. It's time to pack it up.

>>54811819
Same here. I can’t handle Twitter with all the moon boy faggots like pic related who are totally delusional
Between the shilling, the discussion and all the fud, you end up getting a pretty based overview of the market on biz

>>54811819
News hits Twitter generally hours before it hits here. Sometimes it's shorter but news hits here via Twitter no doubt about it. All you need is to set your Twitter feed to report stuff you're interested I. And it's there live.
/biz is ironically used on twitter to get around the word count limit as you can post here, screen grab it and attach to your tweet as an image. Initial news of stuff is always on Twitter though.
Cue seething from saddos whose entire identity are based on being a bizboy and hating reddit kek

>>54814542
Technically you don't need CCIP for this effect to materialize.
What you need is Chainlink Functions as that is the interface to blockchain services.
And they have a masterclass for this functionality tomorrow.
It should come out soon.

>>54814646
There is nothing wrong with getting a BASED overview of the market!
You need a positive mindset to endure the distance for long term investing.
It's good to remember why you invested and to counter some of the fud.
You just need to keep in mind that you need to remain neutral and not let it blind you to reality because people on twitter avoid what they don't like.
That's why I shitpost here.

Re-posting half of my bullish posts on twitter made me go there to check out what's happening.
I got a lot of newer breadcrumbs from twitter which used to come from /biz/ before...

Even the link to the document from abstraction capital was found on twitter.

>>54811423
It’s crazy because on paper Link just keeps moving forward and capturing new stuff. Who knows at this point? We had BNY, SWIFT and DTCC say how great Link is and still nothing.
I think we should all be prepared for 5+ years of nothing even if the potential is there.

>>54814929
I will literally wait my entire life. Fuck everybody that is trying to hold us down. The fact that I piss them off with every Link I buy is enough for me.

>>54814929
Our time will come, no amount of fudding will change the trajectory of Chainlink.

>>54813060
It really does just come down to this. The unhinged fud for something you allegedly have no financial stake in makes much more sense when you consider who doesn’t stand to benefit from Chainlink becoming more and more dominant in this retarded space. I think people have to understand this isn’t just a few nerds and a bit of money we’re talking about. We’re talking about an unbelievable amount of money at stake and groups of individuals who are highly invested in extracting as much money as they can. Everything always comes down to money and power. Let’s not be naive that Chainlink isn’t seeking money and power as well. It’s just that most people here would agree that Chainlink is proposing something that’s a net positive for web3 longer term and taking it beyond the scammy Wild West it is today. But when you have millions (if not billions) of dollars on the line, yeah people aren’t gonna give that up without a fight.

Imagine thinking that people relentlessly going out of their way to spend time mocking someone else for their choices who have nothing to do nor want anything to do with those choices is not completely inorganic and sus and warrants bullish emotions.

There are only a few potential reasons for fud at the magnitude of LINK:

>1. Desperate losers who didn’t buy early and are jealous
>2. Angry top buyers who sold and lost money and feel they got psyopped and are now trying to reverse psyop when actually they’ll just fucking neck one day
>3. Coordinated paid fud
>4. Psychopathic behavior where medical help is required
>5. People who think this place matters (it doesn’t) and want to try to suppress price (they won’t) to accumulate more
>6. Bored holders who are bullish and just waiting and in the meantime hate themselves and their lives so are lashing out at literally themselves, which really is just a subcategory of #4

All of these result in bullish feelings for the sane, balanced, confident LINK chads. And there is nothing you or any other retard here can do about it.

>>54812133
why do they hate it when it made muh defi possible?

brainlet here, even if there is no adoption of swift and CCIP is disappointing, can we at least get by with the BUILD airdrops?
What is the realistic worst case?

>>54814990
you really don't think someone could have bought early and still be disillusioned and disappointed after so many years?
this thread is a clear sign we're still in denial
see ya all at $3
>t. 2018 buyer with an average of $0.20

>>54811423
with every fibre of my being. it's all i have going for me. it's my reason for living.

>>54815018
Because they want to scam everyone. Genuinely. They hate Sergey because he makes them tell the truth.

>>54815611
but the elites supposedly hand picked Chainlink as their chosen protocol years ago, that's why I bought into it in the first place. Now you're telling me that the elites have inexplicably pivoted? Or perhaps the elite figurheads behind Chainlink (Salsano, Masters, SWIFT, WEF) are in reality powerless to stop OTHER elite bad actors from ruining their pet project?
NONE of this shit makes any sense whatsoever and reads as COPE.

>>54815018
If you drop the "them" narrative it makes sense. It's just greedy assholes who are not wanting to get rid of their income streams while simultaneously paying for services that were previously free.

>>54814516
>667 literally just means the token contract has ONE extra function in it. How does the transferAndCall() function set Chainlink so much apart from other shitcoins? How often do you (or anyone) utilize the transferAndCall() function on your links? The only functions people use are approve() and transfer()
Major brainlet hands typed this.

>>54815627
There is no threat to Chainlink. The only thing the MEV mafia is doing is slowing down the inevitable adoption of the technology. They know their game is running on borrowed time and this anon summed it up best >>54813060. Imagine asking someone to kill their main income stream and also pay you while they're at it. That's what Chainlink is offering to these greedy bastards lol. In this end this won't matter as time will show, the main focus will be not on what protocols Chainlink is "killing" but the new novel use cases the protocol will be enabling. Remember, they literally kick-started the last DeFi run. They are going to do it all over again, but this time because of the added burden on protocols of actually having to PAY for data services, they will essentially be enforcing a new standard of protocols needing to provide real world value which institutions/people are willing to repeatedly pay for. The future is bright anon.

>>54811423
>1000
Never
>200
Maybe

the absolute top tier audacity of anons tk baghold linkies is the reason i dca a portion of my regular trading profits into it. i dont know if i would do it if i couldnt use the tokens as cross collateral for my margin account.

>>54815708
okay then why do you keep whining?

>>54815787
>n-no you can't discuss the morally corrupt leeches that litter this space!

>>54815803
but it doesn't matter, Chainlink won
right?

>>54815808
So no talking about a sports game after it is won? Not discussing experiments after they have been conducted? Or global events after have been concluded? Just do away with history altogether?

Almost look like you are pleading for people to please, PRETTY PLEASE not talk about this particular thing because you don't like to talk about it. I would suggest not opening such threads in the future, or filtering threads with content you don't like.

>>54814516
>A token with a data payload
>Just one extra function
>Not important or anything
Brother this is a great troll because you have made me very angry at your retardation

>>54812189
I took this screenshot. I should have cropped it better. Fuck MEV rapists, fuck em all

>>54811423
nobody believed it in the first place, it was a meme anon

>>54815860
you still haven't answered though, does it even matter?