Is Chainlink a good buy? I never bought any but it hasnt gone up a lot compared to other coins. I read up on it and it sounds legit and important
>>62723518>I read up on it and it sounds legit and importantIt is, but there is a reason the token hasn't gone up and chainlink labs refuses to do anything about it until 2030 when clarity gets revoted. So you are better off buying btc or another token in the meantime.
>>62723524Why does the token not go up? Bitcoin is too late to buy I missed out on it
>>62723625>Why does the token not go up?1) Chainlink labs (cll) keeps all offchain fees for themselves through undisclosed amounts and only rebuys $1m a week into the reserve which they fully control.2) Cll dumps roughly 20 million link tokens every three months which dwarf the $1m buyback3)Onchain fees are still ridiculously low compared to the market share chainlink has on oracle services. We are talking $500 a day in ccip fees despite boating 80% market dominance.4)Staking full implementation has not happened nor even hinted at a timeline for release. Cll has told us times in the past and then quietly shelved it and moved on to other things.I can keep going, and non of this is refutable by the community. They will just keep spouting "fee increase soon" which has been the said for the last 5 years nonstop and it still hasn't happened.