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/biz/ - Business & Finance


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File: 160 KB, 2335x1289, pathetic.png [View same] [iqdb] [saucenao] [google]
58473450 No.58473450 [Reply] [Original]

I've never seen a chart so pathetic as LINKs.

Classical target would be $2, but i find that unlikely.
It's also dumping in Sats though. BTC is probably going to ~$45k or so in the next weeks. If link dumps back to multi year low in sats, that would put it at about $7

>> No.58473457

>>58473450
Failed bear trap.

Target $9

>> No.58473480
File: 123 KB, 1335x1461, salaries.png [View same] [iqdb] [saucenao] [google]
58473480

Lets do a little maths:
Employee count: 650
Average salary: $160k
payroll liability before additional taxes and obligations: $104,000,000 per year.
Token vesting Schedule: 20% per year.
Average bonus assuming 2-4 months salary paid in LINK tokens: 4K LINK per employee per year.

If they vest and exercise it 20% per year, we can calculate that the average employee is able to sell about 3k LINK a year by their third year which is another 2 million LINK tokens dumped on the market per year on Employees schedules.

Payroll cost at todays prices is almost 9 Million LINK.
Then we have fuck knows what other expenses but lets just assume it has to at least be half of Payroll if we are generous.

>> No.58473559

>>58473450
>classical target

Mate if you cant afford a TV account you shouldn't be talking.

LINK could pump within the next few days. Significant tops and bottoms have been identified to be around mid May. I expect something based off this.

>>58473480
Legit, the best kind of projects should make the holders rich, not to keep them impoverished. Sergey has failed on all fronts and will keep pissing in pockets regarding swift and any kind of bank related adoption. 7 years and counting.

>> No.58473845

>>58473480
whats the chance fudders are goosing those statistics with fake reports you think

>> No.58473915
File: 72 KB, 400x386, 1704271216922184.png [View same] [iqdb] [saucenao] [google]
58473915

>>58473480
>$115k per year
>for a recruiter

Imagine actually believing this even for just one second.

>> No.58474019

>>58473915
Thats not unusual at all. Its the rate that supposed “specialist” “tech recruiters” go for

>> No.58474027

bhwahaha fuddie welcome back I missed the chart is bad employees get paid fud are you gonna post the roasties now

>> No.58474179
File: 94 KB, 1351x467, 1693944928553372.png [View same] [iqdb] [saucenao] [google]
58474179

>>58474019
No, it isn't.
Top HR managers might make something like that, but even then it's the very upper range.
Your typical recruiter makes like 60k.

>> No.58474191

>>58474179
What the fuck are you on about. They pay their recruiters $100k. It says right there. They obviously pay the top rates for tue specialist tech recruiters, which i literally fucking said.
Do you have a brain problem anon?

The average software engineer at some small average firm also doesn’t make what Chainlink pay their average engineer either.
Chainlink offer upper end salaries to try get talent on your dime

>> No.58474193

>>58474191
>They pay their recruiters $100k. It says right there.
kek and where is "there", anon?

>> No.58474205

>>58474193
https://www.levels.fyi/companies/chainlink-labs/salaries

Also has it over 100k for recruiters on Glassdoor.
Its actually sad watching the last of you types dig your heels in extra tight over your outdated at best image of Chainlink

>> No.58474211

>>58474191
>Chainlink offer upper end salaries to try get talent on your dime
so bearish. they need to remember their roots and go back to a two man team

>> No.58474215

>>58473450
>BTC is probably going to ~$45k or so in the next weeks
you are a moron

>> No.58474224

>>58474211
Yeah, they should. They would have ben better off somewhere in the middle. 650 fucking employees. I did the maths.
Thats why out of all serious projects(all doing shit) chainlink is doing the worst. They over scaled and now have to pay the bills on your dime.

CCIP generates 150 LINK a day in fees lmao. Their operational costs are at least 17 million tokens a year, thats like 50k LINK a day.
Then factor in 650 employee token bonus payments and vested sales.


Ccip: 150LINK a day in fees lol

>> No.58474226
File: 298 KB, 849x699, 1694083317054866.png [View same] [iqdb] [saucenao] [google]
58474226

>>58474205
>Levels and Glassdoor
Might as well use /biz/ as the source.

>> No.58474231

>>58473480
>>58474224
Why are you offsetting Chainlink expenses against node income?

>> No.58474240

>>58474226
You’re so desperate mate. Its pathetic. Those sites are well known for their accuracy and are generally trusted across the industry.
You are just a fucking neet. Chainlink salaries are not even that weird - they are in line with the industry for attracting talented employees. Standard for the past few years for such tech companies.

They have almost unlimited bankrolll from hundreds of millions of tokens so aren’t afraid to pay those salaries.
You faggots are so pathetic. You are happy to suspend all disbelief for stupid breadcrumbs that dont pan out, but the moment it’s something fairly obvious and material, you dig in your heels and deny it and scrutinise it any possible way if it is not positive.
Never do so for esoteric breadcrumbs that dont pan out though, do you?

Im embarrassed i shared a board with you for 7 years

>> No.58474249

>>58474231
I haven’t even factored the amount they spend subusidsing nodes and stakers into it, as i was being generous.
I went with the absolute basics of payroll and basic operations like hosting shartcon and all their flights and employee bonuses and legal fees/audit fees/tax consultation fees etc, which i would is probably around 17million tokens a year

>> No.58474254
File: 122 KB, 1534x245, 1714281158093958.png [View same] [iqdb] [saucenao] [google]
58474254

>>58474240
>Those sites are well known for their accuracy
Fucking lol

>> No.58474263

>>58474254
Its obvious you are a neet. If you have actually had a few jobs and referenced these sites in the past you would know they are fairly accurate.
You also clearly have no idea what that industry pays for roles

>> No.58474265

>>58474249
>I haven’t even factored the amount they spend subusidsing nodes
CCIP is directly paid by users.

>> No.58474275

>>58474263
Reports on Glassdoor and Levels are unverified and/or anonymous.
Which explains why Chainlink's recruiter salaries are somehow double the industry norm.

>> No.58474278

>>58474265
>forgets pricefeeds exist
As said, their operational fees even excluding APY to stakers and subsidising the network where it still needs it, is at least 50k link a day.
150 link generated by CCIP tho! Just gotta dump 49.85k LINK a day instead! What a win.

In an environment with people less interested than ever, sentiment worse than ever, people less interested in utility coins in general(not their fault, but a fact) with OGs who are not sinking more in after 7 years, but likely to start unloading their stacks somewhat.

Of course the price is going to perform shit. Market is not absorbing that sell pressure and then more to make it climb much.
If you’re lucky, it will go to 60k sats or so at peak mania phase

>> No.58474280

>>58474179
well your argument is cletus feed and sneed suppliers corp in bumfuck pays its hr staff shit so that means google hr staff are also paid shit
it stands to reason that like a tech company cll would indeed overpay to attract, and i use the work as loosely as possible, talent
nationwide averages dont mean anything to even regular tech start ups let alone cll

>> No.58474281

>>58474224
>on your dime
must suck being a top buyer

>> No.58474284

>>58474278
>>forgets pricefeeds exist
I didn't forget shit.
You were directly comparing Chainlink's "operational costs" to CCIP fees.

>>58474280
>Google
lmao

>> No.58474302

>>58474278
but grayscale let it slip that the token dumps arent really binance open market dumps but mostly otc deals so yes there is a giant pool of new demand for some reason
but yeah the other part is true tho sentiment in the space in general and link specifically is pretty depressed tier, now do tell me something else when is the best time to buy something:
a when sentiment is euphoric and everyone and their cat is talking about it
or b: when sentiment is depressed and holders are considering capitulation

i'll wait all day for your unquestionably dazzling reply that doesnt move the goalpost at all

>> No.58474338

just slurped $3k of Link. nice. great deal

>> No.58474351

Fuddies choose to cope and seethe; however, they are forced to dilate themselves because their “vaginas” would close up leaving them simply as eunuchs who castrated themselves.