perfect timing for btc to shit the bed
just opened a massive short
>projectalways a qualifier with linkcucks
>literally who country
>>59251778Chainlink could literally announce it will be the antichrists choice to connect everything to the mark of the beast and it would be down 5%Sergey really fucked linkies.
>>59251809>8th largest economy in the world
>>59251778Piece of shit!
>Lulala Land
I swear if linkies starting pumping and ruin this BTC run to $100k I will lose it
>>59251815Lol sad but true
>>59251826cala a boca macaco
Who's next to announce? Hong Kong? Who else is in this CDBC sandbox? Thailand?
Everyone itt owns link
>>59252678You own link
>>59251778>project>pilot>demoLolLmaoPretty safe to say this garbage haszno revenue potential after nearly 10 years.
>>59253010Tell us which coin has revenue potential and I’ll let you fuck my mom
ok, price?>muh suppression!
>>59253108Ethereums revenue MOGS Chainlinks $1000 daily CCIP fees
>>59251815Based. Linkmarines are Christian.
>>59254354>Ethereum >revenuePlebbitors don't understand the significance of things like revenue
>>59254438Ethereum 30d revenue: $129.99mChainlink 30d revenue: $40.43kMogged kid. Get fucked.
>>59252568zanzabar according to mustafa but dont tell anyone
>>59254476Where are you getting this from? I am seeing $500M+ 30 day rev for Chainlink. Is ETH really only $130M? That doesn't sound right.
>>59252568.
>>59254476What do you think will happen to that Chainlink revenue once Swift, Brazil, ... go live?
>>59254556>$500M+ 30 day rev for ChainlinkSource?
>>59255047it's not that high but remembers that the chainlink team are sociopaths that can long outlast this scam marketthey get paid millions for every mainnet integrationthen you have all their bank work which will be bringing them in a lot of moneyon-chain, they are known for being ruthless with fee extraction for their price feeds but they obscure all thisthere is no benefit for them to have a higher priceemployees get paid partially in link, they don't want it mooning and employees retiringthey don't want attention, they don't want their bank partners seeing the token making headlinesthey make enough money from integrations both defi and insitutionaland lastly, and certainly not least, they have a massive warchest of link to dump on retail continuously, 400m LINK to go.not quite sure how that's legal but guess they'll get facts on the ground first by making themselves indispensable and then deal with any issues down the roadthis all leads to a suppressed price and bad price actionthe biggest rule is crypto isprice goes up = project is goodprice goes down or sideways = project is badchainlink is the biggest and most important project but you will suffer for years more. they are also helped along by highly traumatized bagholders who fud non-stop. these useful idiots are the icing on top and help suppress any vestige of retail positivity that remains or may emerge
>>59255348Brother, Chainlink knows very well that the news they're putting out with Swift, Brazil, DTCC, ... is the absolute biggest news in the history of crypto.They fully expect this news to pump Link sky high, and they're not holding back at all.
>>59255348>they get paid millions for every mainnet integration >then you have all their bank work which will be bringing them in a lot of money >on-chain, they are known for being ruthless with fee extraction for their price feeds but they obscure all this So why isn't this value going to the token? What the fuck is this obscure shit I'm starting to get what the fudders are saying. Looks like the company is making tons of money and hiding it all from the network.
>>59251778all I see is two banks trying to interact and a middleman getting in the way.
>>59255398Because the "millions" they're getting paid is not paid in Link nor is it being converted to Link. This is expected to change when the payment abstraction system is deployed likely next quarter.
>>59255398>So why isn't this value going to the token?It is.Systemic demand has just never been a factor in crypto, it's virtually all speculation.
>>59251778>ShitzilThis is bearishI'm selling my stack
>>59255835I'd say the requirement of ETH gas in order to move the shitlink tokens counts as systemic demand
>>59256106>the requirement of ETH gas counts as systemic demandAbsolutely.And like I said, it's so tiny and insignificant that it was never a factor.
>>59251778
>>59256124>eth systemic demand was never a factor>btc systemic demand was never a factorThey're the two biggest market cap in crypto, looks like the market has spoken, you're an absolute retard.
>>59256172>looks like the market has spokenThat's exactly what I'm saying. The market (speculation) has spoken.And the systemic demand has been irrelevant throughout.
Are 100LINK enough to make it by 2027?
>>59256194They have systemic demand cryptographically guaranteed and the market is buying them more than any other crypto.Chainlink does not have guaranteed systemic demand and the market is not buying it.Your reasoning makes no sense at all.
>>59256223>the market is buying themYes. That's called speculation.And buys caused by systemic demand are insignificant. Objectively so.
>>59256234Not sure if you are pretending not to understand. Let me lay it out for you. The market is guaranteed through code that whatever happens as long as those blockchain are not hacked or successfully attacked, there will be a systemic demand for those tokens to use it. This reassures the market in those tokens expected future value and they buy the tokens. This is not the case for Chainlink, there is no systemic use for now (CLL is handling most of the billing). There is no code guarantee of systemic use in the future (CLL could change the game rules when the subsidies run out).
>>59256279>whatever happens there will be a systemic demand>This is not the case for ChainlinkYes it is, nodes literally require Link tokens.
>>59256223>They have systemic demandThere is literally ZERO demand for Chainlink software, as evidenced by their list of paying customers: which is none.
>>59256304holy fucking newfag
>>59256290This is how the code is setup now, but it could easily be changed without a fork>>59256318It doesn't result in demand for the token because it is entirely subsidised with preminted token. Once the premint runs out, there is no cryptographic guarantee that nodes will still require link, or that a new token will not be minted.For btc and eth this is guaranteed by the code, not for Chainlink.
>>59256369What is the payment abstraction layer?
>>59256369>This is how the code is setup now, but it could easily be changed without a forkkek same with any crypto.Litecoin for instance is basically a Bitcoin fork.>It doesn't result in demand for the token because it is entirely subsidisedBitcoin mining today is like 98% subsidized.
>>59256369>muh shadow fork fudlol you're losing fuddie. no one is going to sell. we're all buying more. get to fuck
>>59256395It's been 7 years and still not implemented. But yes it would solve a lot of these issues>>59256396Yes, litecoin is a fork. Bitcoin still lives. You can change Chainlink network without a fork, read my post again.>>59256405Not a fork, read my post again.
>>59251826>8th largest in a world where only 2 economies matter
>>59256449>You can change Chainlink network without a forkBitcoin, Ethereum, ... get changed all the time without a fork too. Ethereum adopted PoS without a fork.
>>59256462>Ethereum adopted PoS without a fork.Dude seriously its embarrassing. Advocates knowledge of crypto is abysmal. I hate nulink. https://coinloan.io/blog/history-of-ethereum-hard-forks/ Some bed time reading for you if you're genuinely interested in learning about Ethereum
>>59256519The fork was the PoW ETH chain that went live after the merge.
>>59251815The blue cube already tells everyone its the mark of the beast
>>592562191,000 LINK = make it stack100 LINK = suicide stack>inb4 fuddies
>>59256219I also have about 5k to spend, is it worth to go all in LINK?
>>59256569So 100LINK will save me from roping, but not free me from wageslavery, got it.Do you think LINK could go to 5 digits?
>>59256449Its coming in January 2025. How big is your stack?
