pic is the reason why DTCC is going live in Q4, and did live trials last month
>>62571540>two more weeks
>>62571545Name one crypto that will achieve this type of large-scale institutional adoption at all; nevermind in a few months.I'll wait.>inb4 StellarIt's used as one of many chains to be connected via Chainlink, and wasn't involved in the live trials last month.
>>62571752You idiots always seem to assume someone dunking on you is doing it in the context of some other shitcoin. All crypto is shit, and regardless of the hopeless cheerleading, it's all worthless. This pArTnErShIP is meaningless, will amount to nothing, and serves no other purpose than to keep the greater fools like you on the hook.
>>62571952>You idiots always seem to assume someone dunking on you is doing it in the context of some other shitcoinWell you are on a crypto board.>All crypto is shitDTCC doesn't think so.Neither do Swift, JP Morgan, the US government, etc.
>>62571540>staking pool secures one(1) eth/usd feel on ethereum - no announced plans for expansion after years>payments for price feeds are $150/month, not 15 LINK/month>any questions regarding the token are being ignored and swept under the rugI used to be a believer, but at this point it's just bleak. They could be working on a stablecoin staking mechanism, rendering the token an xrp-tier chuck-e-cheese funding token. It's a corporation that doesn't owe the token holders anything and will screw them without blinking and eye.
>>62571752Doesn’t make price go up, it makers Sergey richer only. Chainlink labs is a separate entity from the token
>>62571540p+c, stinkiepee plus heckin see
>>62572212>stakingsecondary security mechanism. Not even mentioned in the OG whitepaper.>>payments for price feeds are $150/month, not 15 LINK/monthThat $150 has to be converted to Link by the contract operator to pay the nodes (who can only be paid in Link)
>>62572322>Doesn’t make price go upThat's because it makes the price of Bitcoin go down.
>>62571752>deflects and says your doing it to promote some other cryptookay retard>youll never stake>chainlink labs do not buy back link>chainlink labs dump 60 million link per yearthere is no bullish case for link to be above 20 dollars ever againthe kids buy AI stocks now
>>62572585>>deflectsThat's not deflection."Bank adoption is too slow" is not an argument against Chainlink when Chainlink is the absolute first in line for bank adoption in all of crypto.>>chainlink labs do not buy back linkThey never said they would.>>chainlink labs dump 60 million link per yearThey always said they would.You're not just arguing in bad faith, but in retarded faith too.
>>62571752Bitcoin.
>>62572679Nobody's using Bitcoin functionally (as "digital cash") or even planning to, its only use is as a speculative asset.
>>62572597>They never said they would.they advertise buy backs every fucking week. They did say they would, they tell everyone they are, and they are lying (as the reserve is bought at zero cost basis from themselves).>They always said they would.so its not bearish that they dump insane amounts of tokens because "they told us they would do it...?"are you one of those retards who genuinely says "I dont care if i lose money i just wanna be part of the journey" ?
>>62572692>they advertise buy backs every fucking weekPost one (1) of these advertisements.>so its not bearish that they dump insane amounts of tokens because "they told us they would do it...?"For starters it's not bearish because the top alts dump way more.Secondly: if you think it is bearish, then you should have known to stay away from Link since 2017. Yet here you are.You're seriously demented. Absolutely Looney.
>>62572685Countries, banks, and institutions actually show interest in holding bitcoin, the same can't be said for the chainlink token.
>>62572709They sure are showing an interest in using Chainlink, which directly means paying for Link tokens to pay the nodes.
>>62572715ok but p+c
>>62572797see >>62572578
>>62572815ok well i guess buttcoin will suppress your stinkcoin foreverwhy would it ever stop?you will never defeat the simple two letters of p+c, stinkie
>>62571957All crypto is shit till we get Chainlink actually performing properly in production at scale with appropriate price actionTill then, it's all shit.
>>62571540Do you think them going live in october will impact the price of LINK? I assume the suppression will continue.
>>62573020>it's shit until full potential is realizedNot at all how speculation actually works, but ok.>>62573363>I assume the suppression will continue.So do I.But the suppression can be overwhelmed or outmaneuvered; that's pretty much what happened in 2020. After months of Link getting shot down at $4-5, it suddenly slipped loose and pumped straight into the top 10 to rank 5.I think it happened in 2019 too; after over a year of getting suppressed at $0.6 the mainnet thing finally made Link break out for good.
>>62573363When you guys say "suppressed", who/what are you referring to? The Illuminati? The Trilateral Commission? The board of the Little Caesar's corporation? Mr. Beast? Who is "suppressing" your gay internet money and why? It's amusing watching you guys come up with fairly tales to try and convince yourself you're not just playing with duplo blocks.
>>62575180Nobody knows who or why. All we know is bitcoin always shits the bed whenever Link does something.
>>62573020yep. this tech is still so immature.
>>62575266Checked and yes, it would be interesting to know who is suppressing it, considering the btc connection, it would have to be someone with billions or trillions, that narrows down the list considerably.
>>62575755Or just someone who controls a lot of Bitcoin, or trading algos or something. Like an exchange.
>>62577342Or, you are all just retarded untermenschen attempting to extract meaning by reading chicken bones. In fact, I'm quite sure that's what this is. Maybe buy a ouija board, who knows what the spirits will tell you about the future of gay internet money?
>>62577372It's an undeniable fact that Bitcoin dumps on 99% of link moves and news.You can get mad about it all you want, but it is what it is.
>>62577379
>>62577381Link suppression isn't about long term trends, it's about immediate reaction.You're trying to disprove the statement "someone chopped down this 30-year-old tree" by showing statistics of trees dying naturally at 30 years old.
>>62577384fucken lol. "link suppression". man no one is bothering to "suppress" a useless pile of crap that has no purpose. you are just concocting scenarios in your mind to prop up your belief that you haven't wasted a ton of money on a dead end scam. that's it. there's no boogeyman here. no investment bank, corporation or state actor gives a single fuck about "link". you're just seeing semi-random fluctuations and trying very hard to assign meaning to them as it ultimately just heads to 0. You are an actual sucker. A greater fool. A mark. Get out while you can still salvage something, friend.
>>62577388All we know is Bitcoin dumps on 99% of link moves and news. Has done for many years now.It could theoretically be a 6-year string of many dozens of coincidences, but that would be statistically almost impossible.
>>62577394In unrelated news, the S&P is up 75% in the last 5 years. Enjoy grovelling around reading your tea leaves.
>>62577397>up 75% in the last 5 yearsAm I supposed to be impressed by that?
>>62577397>the S&P is up 75% in the last 5 yearsMeanwhile all of crypto is in the gutter because they had to dump Bitcoin into the abyss just to keep Link from pumping.
>>62577400If you invested 100k in 2021, and never added a single penny, your money would have doubled by now. I realize you guys don't understand compound interest because genetically you guys only understand plaintain harvesting and shooting monkeys out of trees with blowguns. If you added 1k a month, on top of the principle, you'd be up to 300k. In 5 years. 5 years is nothing in the context of a lifetime, nigga. What do you think that looks like in 25?
>>62577408If you bought the winning lottery ticket last week you'd be a millionaire right now
>>62577409But you don't need to win the lottery to buy into the S&P. Anyone can do it. Tens of millions have. You are at least capable of admitting this, right? If you start today (instead of waiting for gay internet money to immanentize itself) the same numbers apply. Oh nigga, please think about what you are doing.
>>62577413>you don't need to win the lottery to buy into the S&PYou don't need to buy into the S&P to win the lottery
lel
>>62571540>SEC issues a letter stating the DTCC can't take action on their tokenization programAnd you think this is bullish?
>no-action letterchainlink already went ahead on that one, lol
>>62578008>>62578048anon got jokes(cute bear though, mind if I download that image?)
>>62572212Can you delete this post, thanks in advance
>>62578008>>62578177thats not what a no action letter means tho...
>>62572212This corporation has the largest stake in LINK out of anyone, the person benefitting the most from link mooning is sergey.
>>62571540Reminder that the DTCC doesn't need link to adopt Chainlink
Is Chainlink the company traded on nasdaq?Because token not needed
>>62579589DTCC uses Chainlink for things like CRE, which uses Chainlink nodes, who must be paid in Link by the contract operator.Therefore everything DTCC uses Chainlink for needs Link.>>62579614You're thinking of Ripple; their XRP is not needed for most of Ripple's products and they do actively trade their stock.
>>62577388No, linktard is not wrong, link is truly suppressed.But is just sergey and whales dumping and slurping all liquidity every time there is some rise or excuse for a dump.That's it.
>>62579947>it's Sergey dumping BitcoinYou're in a cult where everything that ever happens is Sergey's fault.
>>62580056They are dumping link on your sorry baggie ass.Link will never ever pump, they will always slurp all new liquidity selling their infinite stacks.
>>62580593Most alts ranked higher than Link all inflate supply (much) harder, you have no idea what you're talking about.What those alts don't have is Bitcoin suppressing their every move.