Fees the past 5 days:Oct 18: $1,045.62Oct 19: $515.59Oct 20: $622.23Oct 21: $646.58Oct 22: $596.69This is a total and complete failure at this point. Live for over 2 years now. What a total disaster this has become.
fuck linkloathe linkdespise linkabhor linkwhat more can i say? i fucking HATE THIS TOKEN AND ALL IT REPRESENTS
I'M ALL IN AT BYND (TICKER: BYND)
I’m black and own Link
I'm black and invest in crack futures.
>>6117138The figures are accurate. Why would they lie about them? If you were going to lie about the figures you'd likely make them higher. Unsure what your point is.
>>61171389Trust the plan marineSergey wouldn't lie to youQ
>>61171389the dark CCIP transaction fees must be in the hundreds of thousands of dollars PER DAY
Two years ago CCIP was pulling in around $2k each day in feesThis is what we call a failed product, which is concerning considering CCIP is the supposedly the straw that stirs the Chainlink milkshake.
>>61172984I stirred your moms milkshake last night if you catch my drift
>>61171389its so over i immediately sold my stack
>>61171389Not selling this shit at $50 is the biggest mistake of my life.
Must be a slow day in the TG kek
>>61173195It's a slow day every day on CCIP, that's the issue.
for years people here warned that link would not return to ath and would miss this bullrundid you listen?
>>61173624>b-b-but Chainlink is ESSENTIAL to Defi!! Without Chainlink, Defi would simply not existHow does that help the average investor?
everyone ITT holds LINK
>>61173659And everyone here is getting out earned by grandma investing in her municipal bonds. >b-b-b-but Chainlink has the best fundamentals in crypto! Just wait until the repricing event!
>>61173681you hold LINK
>>61173695you mustve been in the top of your fucking class!
You were warned.
>>61175871this is the ultimate redpill baggies will never swallow, they'd rather believe (((Sergey))) with his infinite carrot dangles
here's the final red+black (dark shade of red) pill, stinkies:YOU>YOULOST>LOSTTHE>THEGAME>GAMEOF>OFLIFE>LIFE
>>61171397Why though? Isn’t it odd that you post this about Link and not Eth? What is it about Link that makes you so hate filled?
>>61176468tbf I barely see 1 single Ethereum thread per day, meanwhile Chainlink has atleast 7-8 per day. Just sayin'
>>61175871Sergeys been real commited to this exit scam then by shaping crypto policy lmao
>>61176478Do you know how filters work?By the way, does any other crypto project have anything close to what Chainlink is doing? For example, did another crypto project speak at the federal reserve?
the bridge space is strange in that the underlying bridges don't make much (or any) money, it's the instant relayers that make money
>>61171389when ccip was first released they had fees to match the other bridging protocolsthen their banks friends got in their ear and told them that they needed to slash fees to make it appear reasonableand now you have the current situation
>>61177486>To this end, the pricing models for CCIP’s “burn and mint” and “lock and mint” token transfer mechanisms have transitioned to a flat fee premium model. The total fees for transferring tokens via CCIP are inclusive of both the destination chain gas costs incurred by CCIP, which can be a variable amount based on gas prices, and the additional premium paid to CCIP service providers.>By optimizing for higher transaction volumes, with lower per-user costs, CCIP is now one of the most cost-efficient solutions for transferring many of the most popularly bridged tokens. As CCIP gets integrated into more applications, such as bridge aggregators, this competitive advantage is anticipated to result in increased market share and the acceleration of CCIP’s adoption. Furthermore, an increase in high-value transfers helps prove the security model of CCIP, providing additional in-production proof of the protocol’s ability to serve capital markets use cases.https://blog.chain.link/ccip-native-eth-and-optimized-pricing/#introducing_an_optimized_pricing_model_for_ccip_to_propel_the_cross-chain_economy
>>61177517Link thus needs like 1t volume daily to be a 250b mcap coin. Lowkey fud, but i only need link at 100b and thats only considering ccip so lowkey hopium again
CCIP isn't making money because crypto casino scams do not need to be crosschain to scam retards. Crosschain is required for tradfi, tradfi isn't officially using crypto yet, so its a waiting game. And yes there was a bullcase narrative that CCIP would be used for and enable new crypto casino scams, but it turns out the scammers prefer to have control over all the guardrails, which isn't very surprising. Anyways watch BNB pull an FTT/FTX in the next 6 months, that's the other shoe that's been waiting to drop since 2022.
>>61177825>Anyways watch BNB pull an FTT/FTX in the next 6 months, that's the other shoe that's been waiting to drop since 2022.protip: it won't
>>61171389There really isn't much to say, there is no adoption. Defi is mostly using other protocols like Bungee, tradfi has no need for a bridge since the market cap of tokenized assets is still super low and most of it are on Ethereum anyway. No need to bridge anything around. Kinda sad at this point but potential is still there imo.
>>61177844checked and kek'dSame shit was said in 2021, people thought FTX and SBF was untouchable, well CZ already got touched once and its going to only get worse from here, the scammers don't win forever. Of course I'm probably talking to a binance shill, the biggest open secret on this board is /biz/ has been covered in binance shills astroturfing here since 2019, its why you'll never see threads shitting on binance without pushback.
