And you coincidence niggers are going to try and explain it every other which and way. Just admit it that Chainlink is going to run the world. You wouldn’t make posts about it for 9 years straight unless you subconsciously knew.
i would really prefer if you zoomed out the btc/link chart
>>62585727link/btc is breaking out
>>62585645there was like 7 billion already in chainlink and bitgo added another 7.7 billion, so chainlink might be to $16 soon and all the fuddster will suicide.
Bitcoin $10K is programmed, just to liquidate Saylor, then it will recover to $100k if it survives Y2Q (Chainlink is guaranteed to survive). Check em
>>62585736read my words stinkielink will NEVER go past $10 EVER again
>>62585730Its at 2018 levels lil bro
>LINK gets a measly pump after endlessly bleeding>retarded shills immediately get uppity tale as old as time
>>62585802Screenshotted you mentally ill troon
>>62586119>>LINK gets a measly pump after endlessly bleeding>>Bitcoin immediately starts dumpingftfy
>>62585645Linkies literally have a single good few days against the market while being 80% down on their average (no exaggeration) with their company fully abandoning them and yanking build and staking right out from under them after a 6 years of being late after we all sold and coping and unironically feel like they look supreme. This is the equivalent to how indians act in this context.
>>62586229>with their company fully abandoning themyou're thinking of ripple
Shhhh Russia is just joining the game. Don't tell them.
>>62586235That isn't what David said. Lol Their entire business is a corporate structure building out institutional use for the XRPL. Chainlink is the literal exact opposite. David wrote a general statement about how every single crypto business in existence which has shareholders is required to operate regardless of token. The difference is Ripple shareholders are incentivized to XRP's success because it optimizes the technical efficiency of their products. Chainlink ones do not care about link whatsoever. You post the same thing that has been addressed 100 times in every thread because you have no argument.
>>62586263>That isn't what David said.That's literally his tweet. Also notice how you immediately switched from Link fuddie mode to verbose XRP shill mode.99% of all Link fud on here came from xerpies, always has.
>>62586279Again, I don't know why you think faggoty, disingenuous spinning of something is a successful argument strategy. David was literally just making a general statement for how all businesses operate. The fact you know who I am and think calling out link's fraud is a novel thing for me to do shows you are new or extremely retarded. Chainlink Labs is required to operate the same way by the way wrt shareholder responsibility btw, they just do so in a way that they abandoned token holders building their business while Ripple built their business around XRP.
>>62586288>David was literally just making a general statement for how all businesses operate.Not in crypto they don't.Ripple is buying companies like Hidden Road that have nothing to do with XRP, but that do generate revenue for Ripple shareholders.That's what David is saying: if you want exposure to ALL of Ripple's business, you buy Ripple stock.I can't really think of any other crypto that is like this.
>>62586300What do you mean not in crypto? Hidden Road is a DTCC broker dealer that is already using XRP/RLUSD for collateral and post-trade settlement. You know this and are coping. Directors and officers of Chainlink Labs’ entities (including Delaware corporation SmartContract Inc., UK private limited company Chainlink Labs Ltd., and related LLCs) owe fiduciary duties of care and loyalty to the company’s equity holders under applicable corporate law. They are privately held, with founders Sirgay as significant shareholder/controller. Duties run to shareholders/members, not to link token holders, who hold no equity, ownership, or corporate rights in Chainlink Labs with no token-based governance creating such duties. This is true for every single crypto company with a token that doesn't entrench securitized governance structures into the tokens, which can be valuable for investors for this reason but are often not desirable for business models building out around the utility of the technology itself, which some tokens have unlike link.
>>62586304>What do you mean not in crypto?You said "that's how all businesses operate", but I can't think of any crypto that trades its company shares as well as tokens like Ripple does.In the vast majority of cryptos, investors (including VCs etc.) typically have to buy the actual token instead of company shares.Pic related for example.
>>62586315Revisit >>62586304. They don't have to publicly trade shares to have these duties, you fucking retard. Literal 80 IQ argument. You dont know your own compny or business literal 101. The companies fundraise through token sales sometimes, none of which holders get special protections or consideration insofar as it conflicts with shareholder benefit, unless the tokens, as described, offer some securitized basis for a claim on or from the company. Trading shares has absolutely nothing to do with it and if anything works against you in argument because dilution and share liquidity gives a non-judicial, release valve to offload if shareholders are underserved whereas illiquid shareholders have that much more incentive to drive value to themselves and to be litigious and diligent to corporate strategies and whether they optimize for them (particularly when the token itself is an arbitrarily minted eth coin with no utility or reason to exist which al corporate strategy has been structured to milk and abandon, literally. Further, Chainlink Labs are a private company have existing markets for accredited investors to buy and sell, which sales have taken place in the past. Even the basis of your retarded false framing of the domain in which shareholder duties are operant, you are wrong, about the ONLY company you care about which you are in a literal cult around. Lol Ripple are also a [much more highly valued] private company with private shareholders and inhabits the exact same protection space as Chainlink or any other company. Being able to sell something publicly has nothing to do with anything and they don't even do it themselves. Every level of analysis you have advanced is RETARDED and every point wrong. All this to just flesh out repressing knowing a biz 101 conceopt of investor protections to try to desperately reach for a crumb of deliberately bad faith rhetorical point. LITERALLY INSANE.
>>62586364The problem is twofold:1) the ability to invest in shares as well as tokens means less investor money is going to the token2) having third party shareholders means Ripple has two opposing interests to serve: shareholders and token holders. And their legal duty is only to shareholders.This explains why Ripple harms token holders to benefit shareholders.For instance when they dump XRP to buy companies that don't use XRP.
>>62586368Again, literally every crypto company issuing a token has this exact structure implicitly. It is literally the core basis of what a company is. Ripple have build a full stack solution for exactly this targeting the most viable strategic points (payments with emphasis on international payments but 53 state and territory licenses in the US as well, NYDFS regulated dollar stable, broker dealer using XRPL for post-trade and collateral, treasury payments, with wallet and custody and OCC license, strategic investment in tradfi infrastructure particularly their recent investments, etc.) Have said this dozens of times. XRP solves actual problems and actually increases utility of their core products which function worse without them and is the only asset that can be used to bridge onchain between the walled garden issued assets. link is just a random l2 minted on eth to collect a jewish rent seeking middlemanning fee, and it isn't even being driven to use to clients who can and do opt out and have zero reason to want the extreme volatility risk of holding link. SirGay abandoned holders and then slapped them in the face refusing to address it in the AMA. Staking, build, PAL, etc. All a flop. SIrGay gets it all. It is a tech illiterate greed cult of late normies chasing past trend while all of us sold when it was clear Sirgay was building nothing for token holders and a bunch of retards flooded in forming the petrified form and refused to leave despite being down 70-80% on their averages on average. It is so naked and transparent it is INSANE.
>>62586368SirGay and Ellis are themselves private shareholders. Forge maintains an open secondary market for accredited investors with past orderbook data showing buy and sell orders:https://forgeglobal.com/chainlink_stock/Even if it were just Sirgay, do you realize how much worse that and obviously a scam that would be? They fundraise selling the token. They reward employees (when they are not selling directly from the operator rewards pool that was supposed to be ring fenced to make payroll) with the token and zero equity owing them nothing, while they build the business to benefit shareholders they are overwhelmingly the concentrated majority of? In what way does this speak well of Chainlink? Crypto companies in general (as in, all of them, not just as in the usual case) have a dutiful obligation to shareholders. Sirgay has carte blanche to absorb almost all profits to himself and Ellis with very little legal responsibility to anyone else other than Ellis and can freely dump on you and his own employees (which he gives tokens to instead of shares lol). Him being such a substantial holder of it makes it even more egregious when he makes the decisions he has wrt staking, build, etc.. Insane this is your argument or that you would not see this being pointed out coming. He doesn't even have major external interests, he has TOTAL self interest owing and giving nothing to token holders, and complete legal insulation to pursue it to its complete conclusion, jewing even his employees' perks, and there is no obligation to token holders or reason to optimize for them (because the token itself has no utility to drive share price) which he consistently does the opposite of. He is building a software business by selling you tokens, for himself and Ellis and the small cadre of those who acquired shares on the secondary market. Your argument is so low IQ it is insane.
>>62586442>Forge maintains an open secondary market for accredited investors with past orderbook data showing buy and sell orders:top lelpic related>SirGay and Ellis are themselves private shareholdersThe private shares they hold are literally value-less until they are traded.They may hold a nominal value set in 2017, but this has no bearing on their market value which currently does not exist.>>62586419>literally every crypto company issuing a token has this exact structure implicitlyWrong.1) the vast majority of cryptos have only ONE avenue for investment: buying the coin.2) he vast majority of cryptos have no conflict of interest between third-party shareholders and third-party coin holders.Most of what Ripple does benefits Ripple shareholders, but not token holders.That's why David LITERALLY tells people to buy Ripple stock if they want exposure to Ripple's business.
>>62586419How come xrp price go down but link price go up?
>>62586159Don’t even respond to it
lmao, that verbose xerpie must be shitposting. his posts are getting longer every time! does anyone read that shit?
Bitcoin will continue this up and down nonsense until link behavesEvery damn time
The only reason XRP has such a large market cap is because half the third world has $10 in it.
