/biz/ - Business & Finance

>>55124449
CCIP provide good service
Need link to use good service
People buy link to use good service
Grug linkies who held for 6 years benefit
Simple as

>>55124449
how can anything result in anything

you are just dumb and in disbelif

swift are testing
dtcc are testing
no longer will it matter what chain a dapp is on, it can use difference blockchains for different pieces of work
compute on one chain, do privacy sensitive actions on one, another settle on another
you can see the implications...
why ethereum is worried
thing of it like the internet before the internet, just isolated intranets
it's all in the name
CHAIN
LINK

>>55124449
You have to pay in link. Everyone.ved880

>>55124449
I suggest you follow @bob4punk on Twitter if you want to know more about Chainlink. He's one of the most knowledgeable marines around.

>>55124449
kys

>Chainlink Labs think the fair price of LINK is 5$
>CCIP will have none to miniscule fees
>Those fees can be paid in any coin/token
It's safe to say that only bag holders of LINK are saying it will have an impact on the price of LINK. You can check for yourself, but they have been wrong numerous times before regarding the release of Chainlink services and the price of LINK (mainnet, VRF, staking, etc). Simply put, the poor things have been bag holding for a long while now one of the worst tokens in the top 100 while Chainlink Labs dumped on them.

>>55124449
imagine your mom. she's a slut for black cock. problem is, her boyfriend's live all over town so she can only get piped by 1 bbc at a time. enter ccip. now she can get piped by multiple bbc all at the same time and with the anti-fraud network she can rest assured that each load will be strong enough to impregnate her withering womb and give you brothers and sisters.

>>55124673
kek a tough week for fudders with confirmation that link at core of ccip, with all payment tokens automatically coverted to it
they have been reduced to this example section showing devs how to input prices kek

>>55124673
right? they should have written 1000$ per link, would be very professional and not shady at all

>>55124699
based adn checked, fuck you and your mum op

>>55124704
>fudders lost
>price still down 93%. Pick one. Heres a post from a cuck cultist confirming ccip will do absolutely nothing

>>55125212
In other words, the bull thesis is: “we have another big fluff announcement coming and then if like 5 things happen after that in the next 5-10 years, we may moon”

Bahahahahaha. Fucking losers

i am indian and i hold chainlink ser

>>55125212
>>55125224
in the next bull TAKE PROFIT
if you hadn't got so fucking greedy in the last cycle you wouldn't have sit here making posts like this...
what a SAD and PATHETIC existence

TAKE PROFIT NEXT TIME

>>55124519
If Swift and DTCC are using CCIP amongst themselves and paying in Link or a premium with something else, and quadrillions of value are going through private blockchains with the help of CCIP, won't that have major effects on price? The collateral needed to cover these types of transactions must be massive. It's almost like the $81,000 anons weren't lying.

>>55125418
yes this is the bull case
it might take some time as staking needs to expand but staking will be vital for ccip
if we get some big names announce that they're using or even just testing with ccip then could get a nice price bump this year
could be chainlink's eea moment

>>55124472
Tell Grug that’s not now it works

>>55125418
>The collateral needed to cover these types of transactions must be massive
The collateral isn't going to be in LINK though, it would have to be in something else. The problem with LINK going for a fee-based model is that it incentivises the people using the service to keep the token price as low as humanly possible. Ultimately the part of collateral will need to be played by a separate asset that has high tps, very small tx fees(bare minimum to prevent spam) and high amounts of liquidity. Fortunately CCIP makes it easy to use other chains and tokens so it shouldn't be hard to source the collateral while keeping LINK low to maximize efficiency.

>Fortunately CCIP makes it easy to use other chains and tokens so it shouldn't be hard to source the collateral while keeping LINK low to maximize efficiency
kek finally some decent fud, but holy fuck that took the discord a while to come up with. i give it a solid 5/10.

it was close but in the end I chose quantity and quality over hype

>>55125311
what part of NOT SELLING do you not understand?

>>55125620
>decent
he literally just wrote token not needed in a long paragraph, u fucking redditor

>>55124449
CCIP will cause the price to dump.

>>55125600
The token price does not effect the fee price, you dumb fag.

>>55125757
no fucking shit retard

>>55125600
what are you on about?
if they accept collateral in anything other than link then would be very bearish
you understand that collateral would be locked in a contract for months/years at a time right? why would it need to have a high tps?
this is either a complete brainlet or the newest fud

>>55125418
>>55125460
>if

LOL. Looking forward to seeing the team and all of you community advocates sitting in court explaining why you pushed a scam. Pieces of shit

>>55125767
This is an absolute certainty. It would be great if one of the faggot advocates on this board could setup a contract where we can bet on price when ccip is “released” (in quotes because it prob doesnt even exist). I know I could just short, but Id prefer the bet format, knowing Im taking money from a dishonest scam artist. Doing God’s work, if you will.

>>55126194
you will have brown skin for the rest of your life

>>55125418
I am a giga link bull but you guys need to relax on the 81k meme and get a better understanding of what the collateral is actually for (economic security) and how it is distributed over DON's and the impact of Super Linear Staking.

Fees for transactions, computations and additional staking to ensure nodes operate honestly.

>>55125418
I say this not even jokingly, but $81,000 is fud if LINK accomplishes what it has set out to.

It’s likely decades away, but it can happen.

>2k link
Do I really only have till June 12th to buy more under $10?

>>55127243
Holy

>>55126194
>a contract where we can bet on price when ccip is “released”
define "released". if they ever find the balls to announce another deadline and actually release something, that thing won't be the real deal. it'll be v0.1 or beta or whatever, to be tested over many years until the "official early adopter release" is done or whatever. stringing along bagholders is their business model after all, a smart contract to bet on a specific date won't work sadly

>>55126253
t. pooja kupta

>>55124673
>>Those fees can be paid in any coin/token
See pic.
oopsies

>>55124449
You're right, it's nothing. Just buy something else.

>>55128224
>linktards faking screenshots
Many such cases

>>55124449
>>55124472
>>55124519
kys fucking bagholders

>>55124519
>why ethereum is worried
ETH is so large that there is a whole L2 based on it with a lot of upgrades and also protocols that offer completely private ETH transactions away from the eyes of etherscan. These are incredible feats. ETH is not worries about shit.

>>55128611
i too can only see what is directly in front of me

>>55128701
Can someone spoonfeed me what this means? How could chainlink negate the need for blockchains?

Here is a cute anime girl smoking for your trouble.

>>55125772
what? explain your logic

Anyone else quite bullish about chainlink?
I gotta say, when I think of my 7k LINK sitting safely in Chainlink’s staking contracts, it makes me feel happy and secure.

>>55125600
>The problem with LINK going for a fee-based model is that it incentivises the people using the service to keep the token price as low as humanly possible
You're a literal retard, holy shit.

>>55128769
The Link token could be a trillion dollars a piece, and you could still send someone 1 cent worth of Link.

>>55128784
is this where the 18 decimals thing comes into play?

>>55128798
yes

>>55124449
>the bull market will pump Link
>the bear market will pump Link
>staking will pump Link
>CCIP will pump Link
fuck baggies and their delusions, nothing will pump this 2017 dead shitcoin

>>55128822
Tons of things have pumped Chainlink; hell it often just pumps all on its own.
But then (((you know what))) always happens immediately after.

>>55128822
checked and what an absolute shitcoin
who in his right mind is still holding this trash

>>55128889
Ngl this ccip bs has been going for 3 years.

>>55126163
You bought the top lmao
KEK FUDDIE

>>55124699
>imagine your mom. she's a slut for black cock. problem is, her boyfriend's live all over town so she can only get piped by 1 bbc at a time.

THANK you. After all these years, I finally understand Chainlink. I gotta buy more.

>>55128911
>implying Link OGs didn't get raped over the past 3 years
lol lmao even

It's honestly priced in
Linkies are so devoted they and vcs priced this in years ago
Hence the multi billion dollar mc

>>55127243
Woah based. Kek fuddies

>>55129199
>he bought the top

>>55129872
you're down -94% in gwei baby

>>55130564
Tell us more about us, anon

>>55128730
Its bullshit. Whereas blockchain is mathematically backed and a closed loop, chainlink oracles rely entirely on reputation and trust. If every oracle in the network agrees and reaches consensus that the sky is purple, then for all intents and purposes it is. It doesnt matter that the sky is not actually purple in real life, so the information can never be truly verified. This combined with the teams whitelist only network, means its not decentralized and its not trustless.. Bitcoin will always be superior. the link = globohomo meme is true

>>55130957
>If every oracle in the network agrees and reaches consensus that the sky is purple
You're blaming the oracles for a problem with sources lol

If anything, you should be glad that whatever the sources say (right or wrong) is accurately recorded and can never be changed.
That way any egregious shit pulled by governments, institutions, banks, ... is forever set in stone and can never be denied afterwards.

kek fuddies

>>55131004
t.

>>55131004
>You're blaming the oracles for a problem with sources lol
Yeah and blockchain doesnt have this problem. Chainlinks very premise was inherently flawed from the beginning
The
>truth over trust mantra
is a clear example of hegelian aufheben (double speak)

>>55128730
It just stating that Chainlink has created a new way for consensus and blockchains are no longer needed.
>>55130957
You're completely speaking out of your ass or you don't understand Chainlink

Should I buy chainlink?

>>55132047
do you want a safe investment with guaranteed returns? then yes

>>55132047
No. Stop asking.

>>55132216
>>55132151
I am confused which one of you is lying?

>>55132371
they are both lying
and they are both telling the truth

>>55128224
you linkies are the stupidest niggers on earth, look at what that function does you absolute retarded piece of shit

it's not a forced conversion, that's a calculation to determine how much SHIBA is needed to match the cost of the service (which is natively denominated in LINK)

>>55132047
NO

DO NOT

BUY

CHA*NL*NK

OR ELSE

>>55127243
>SMART

>>55124472
>Need to by link
yea and what do you think the node operators do with the link? I'll give you a hint, it starts with an s and rhymes with 'telling'

>>55133676
It’s quite literally about converting any token to Link tokens for payment to nodes lol

>>55134257
>nodes will sell their Link rewards!
You mean like BTC, ETH, … miners also sell their mining rewards?

>>55133676
>that's a calculation to determine how much SHIBA is needed to match the cost of the service
...the result of which is then referenced directly in the function payNops(), which explicitly transfers link to the node operators.