Thread 60751560

>>60751560 (OP)
BTC finna go sub 100k

>>60751560 (OP)
>Sosorry ID

sorry fuddies

FUDDIES are NOT going to like this

>>60751560 (OP)
The BTC dump will be legendary

Chainlink Strategic Reserve?

LAUNCH THE NUKES!

>>60751560 (OP)
>https://metrics.chain.link/reserve
Live dashboard

>>60751560 (OP)
Can the fucking price just go up please... I can't fucking take this anymore.

Buy an ad, nobody cares about your shitcoin

>>60751560 (OP)
Does this mean Chainlink will now strategically buy Sergey's quarterly LINK dumps?

>>60751560 (OP)
Insane stuff. $81,000 is fud.

its funny because this will just be a new fudding point, but nice nonetheless

>>60751586
>doesn't filter "chainlink"
>bumps the thread
I'm beginning to think you enjoy being upset

>>60751579
Did it, uh, did it buy a million dollars worth of LINK in a single day?

>Demand for Chainlink has already created hundreds of millions of dollars in revenue
sounds like quite a profitable kebab shop, fudsisters whats our response??

This can’t be real. I guess it really is happening

>>60751560 (OP)
>Demand for Chainlink has already created hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform
>large enterprises
>paid offchain for access to the Chainlink Platform
CENTRALIZED PIECE OF SHIT SCAM PLATFORM

>>60751560 (OP)
1) What

>>60751560 (OP)
>every chainlink service requires payment
>pay in Link or pay more and have it converted to Link
>payments go into reserve - basically burned - locking up vast numbers of link tokens
keeekkkkfudddiess all those questions about payment abstraction not taking place on chain etc lol how are they gonna spin this?

>>60751560 (OP)
This has literally nothing to do with Chainlink.

>>60751596
lets not get our hopes up, it might just be the starting amount they put in
also, just 1 million dollar per day in revenue for offchain AND onchain would mean around 360million/yearly in fees, eth alone made like 7b last year. Chainlinks fair revenue-to-mcap if we're comparing it to ethereum would mean link at 20b mcap which is disappointing

There's like 4 fuddies total. Why would you listen to them

>>60751596
Im guessing it's the revenue of the last few weeks but we'll see how it performs in the next few days.

>>60751604
>fudsisters whats our response??
I DON'T FUCKING KNOW

>>60751560 (OP)
Actually the first vaguely positive thing they've done for us in a long time. Let's just hope they don't offset this with a giga 1000m token dump

>>60751560 (OP)
Damn they actually released something useful

does this mean payments to node operators are reduced ?

>>60751641
Actually that’d be a good thing because it’d expedite the supply problem witho it putting too much strain on the price

>Link is actually pumping on good news
WHERE AM I

GMX revenue share and SCALE included

>>60751657
Yeah bro just spaff more tokens against my face. Dilute me daddy.

>>60751560 (OP)
Nice to see you 160k anon

TOKEN ABSOLUTELY FUCKEN NEEDED

>BTC reserves popping up left and right since Saylor went all in.
>oh uhh... We'll do a LINK reserve!

Listening to the interview with AltCoin Daily, you can really get a sense for how Sirgay is just winging it because he's a scammer.

Anyway, enjoy your crab coin.

is this the thing called happiness?

So you're telling me I'm going to make it just as the Hill HX50 becomes publicly available...

For me the most interesting part about this is the fact that he didn't wait till smartcon to announce it. Smartcon is like 2 months away he could have easily held something this important until then and it still would have been seen as a success. This implies that they are confident in what they have and will present at smartcon.

Unironically open a Bitcoin short right now. You know what's coming in response to this.

>>60751687
I think smartcon will be ultra bullish with SWIFT announcement and possibly v1.0 steaking. And CRE is definitely released by then or during it

>chainlink announced good news

They are about start WW3 aren’t they?

>>60751687
>>60751694
it wont. historically smartcons have been used as a tech domo

>>60751592
Bullish news is bearish

>>60751687
This gives the market time to digest the fact that usage of the Chainlink network converts into LINK price going up.
Then once people have properly taken that on, they will get the Swift news and the rest will be history.

>>60751560 (OP)
that's cute and all but you know, there is one interesting metric that makes me wonder during long days and nights, maybe you know what that is and that makes me wonder, so during such a magnificent news that are great and all but.... the price oh and the chart?

>>60751653
My first born child is due Feb 16th.
Ari was on my short list of names if its a boy

Not a burn and not a buy-back but a secret third thing.

>>60751718
the price is gigacranking and it's going to do that forever from now on

>>60751635
A couple of points on this
>article says it just comes from off chain revenue meaning all the on chain revenue which we know to also be 9 figs annually not included, probably somewhere around double overall
>this will inherently lower supply meaning even if it just stays at $20B mcap token price will go up
>speculative multiple can be anything, we are at the beginning stages of tradfi adoption which will be the largest influx of revenue for CLL
>the above will also increase fundamental valuation

wait a minute... how are they doing this without LPL?

>>60751560 (OP)
Not a single fucking dollar of revenue generated has benefited holders of the Chainlink token. It is the ultimate humiliation ritual.

>>60751741
at least we are getting a buyback

>>60751727
>by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard
> and from onchain service usage.

>>60751727
>article says it just comes from off chain revenue
It's both

>>60751741
wrong. update your bot buddy :) go get that new script from your boss

>>60751753
That's cool and all, but...price?
Oh, and...chart?

>>60751567
I like LINK but that is a fedora tip inducing post

>>60751651
No, it means the revenue is so high that just 50% of fees is enough to cover the rewards. The other 50% will be funneled to the reserve and locked for years

>>60751763
The biggest pump we've had in years brother

>>60751777
checked. here is the problem. its offchain rev

>>60751560 (OP)
ok but price

>>60751560 (OP)
Nice, bullish for XRP

>>60751782
Nice. Just need it to pump another 60% so I can finally break even and get out.

>>60751787
its goin up

>>60751592
Sauce on the pic?

>>60751777
checked and mindblown

>>60751777
Checked

>>60751782
It's literally dumping right now...

>>60751617
>basically burned
Except Sirgay can dip into it for big mac money whenever he feels like betraying again

>>60751763
>>60751679

https://www.coingecko.com/en/coins/chainlink

>>60751805
not much

I'm a retard and I think I don't understand how this affects the price
>Companies pay to use the Chainlink platform using shitcoins and fiat (more shitcoins)
>Chainlink uses payment abstraction to buy linkies using the revenue from the companies
>This along with the purchased linkies being locked up for x years potentially drives the price up
Is that the idea?

>>60751836
2nd most in the top 25

>>60751560 (OP)
IN ON BIG DEAL THREAD. IT HAS BEEN YWARS SINCE GENUINELY BULLISH NEWS ON CHAINLINK WHICH SHOWS THE DEMAND FOR THE TOKEN. I AM ABOUT TO COOM MY PANTS!

>>60751841
Money that previously was going into CLL's pocket is now purchasing LINK on the open market, and essentially being locked away for a few years. Increased buy pressure + decreased circulating supply

>>60751855
You're one of us. This isn't good news. Token not needed. 800 workers? Are you for real?

what is the point of this if the team is going to just dump tokens and increase circulating supply anyways?

They just dumped 21 million LINK tokens a month ago: https://studio.glassnode.com/charts/supply.Current?a=LINK

>>60751859
Gotcha, thanks anon

>>60751807
>sauce on the pic
zorax, pic is called one man army. He draws very homoerotic art

>>60751560 (OP)
Unimaginable levels of comfort

>>60751777
FUCK
YES
FUCK

>>60751777
Checked

>>60751777
>>60751877
Comfy digits in comfy thread

>>60751694
I hope so but doesn't tend to be the case. I'm pretty sure the catastrophe smartcon with the breakdancers had some announcements beforehand and people were excited.

>>60751579
>$1.1M
Huh, interesting. I wonder how many btc satoshi mined.

>>60751867
They're moving it from their left hand to their right hand.

>>60751904
I'm turbo bullish on this SmartCon because it's in New York, and that's the #1 place that Sergey would want to flex. If it was overseas I'd be less hyped.

>>60751579
Sergey's bigmac fund

>>60751777
squeeeeeeeeee

they actually think "hundreds of millions" is a lot of money when the mcap is 12b(17b fdv)

rollbit has bought and burned over 100m from the open market while a)never selling a token b) trading at a tiny fraction of the mcap of link

just another marketing stunt, essentially pumping their own bags as they unload. also since its not being burned all that means is it will inevitably be dumped later

>>60751953
>also since its not being burned all that means is it will inevitably be dumped later
this is effectively a burn though. They are not touching the reserves

>>60751953
this :}
poorfag chainlink cucks think hundreds of millions is a lot of money xD

>>60751958
>ThEy ArE nOt ToUcHiNg ThE rEsErVeS

I was here for this. I was here when it happened.
I love you, bros.

Just to be completely 100% clear, enterprise money is now flowing into the LINK token. Right now.
Even if they don't even know it.

They are setting up their next dump so it seems.

>>60752008
nope, cope, dope. then rope

>>60751560 (OP)
Is this finally it? No more "TOKEN NOT NEEDED" FUD? Can't believe I've been on this board since 2017 and almost KMS because of this fucking coin.

>>60751873
Gotcha. I want to purchase some oil paintings for my house but the femboy looking subjects of his paintings might turn my kids gay so I’ll stick to renaissance reproductions.

>>60752020
You made it through the flames anon. You deserve everything on the other side.

Now that revenue is being shared with holders, how is this good for them? It seems like they just diluted their own share of the profits

>>60751617

bro they just told you they've made hundreds of millions, and they took less than 1% of that and put into a reserve and you're ecstatic

there's a reason they are...

THE Cuckolds of crypto

>>60752061
how is it good for CL? they build a strategic reserve

>>60751699
>good news

what are you reading? this is lipstick on a pig

>>60751741
>Not a single fucking dollar of revenue generated has benefited holders of the Chainlink token. It is the ultimate humiliation ritual.

/thread

>>60752061
>Now that revenue is being shared with holders

it's not
where are you seeing that?

>held 3k LINK for years and promised myself that I would never sell
>Panic sold when it dumped this spring from $25 to 13$ and then tried to to swing my stack, made a few bad trades
>Now I'm all in cash, able to buy only 1,7k LINK

Do I buy back and accept that I'm retarded or should I wait for a dump?

>>60752066
>>60752077
here he is, the gooner who watches cuckold porn

>>60751560 (OP)
I just checked the contract and there is a 2 day time lock before any operations on it (with the funds) can be done.

>>60751560 (OP)
>Demand for Chainlink has already created hundreds of millions of dollars in revenue,
>significant offchain revenue from existing and ongoing enterprise integrations

So linkies were right, they were embezzling all this revenue this whole time. It is only thanks to the linkies (fudders) determination to get the truth out that they had to give up and create the reserve. Thank you trve linkies (fudders)

>>60752066
>>60752077
Wow the fud is really getting desperate. They just turned this switch on, they said that in the article. People are excited because they just in one blog post put all of the existing fud to bed and now we get to watch desperate fuddies like you scramble to find the next thing, but they keep getting more and more retarded because there really is nothing to be said negative anymore except "price" which is guaranteed to go up over the long term as it always has. Checkmate, fuddie.

>>60752089
I think you should accept you're ngmi and go find a nice wagie gig you think you can do until you're 80 years old and then die.

>>60752066
>>60752077
>>60752087
Adem, you're late. Where the hell have you been?

>>60751560 (OP)
>Betraymoto is getting more LINK to dump on us for bigmacs

Im not even fucking suprised anymore put me in the cap

>>60752089
buy back, accept you made several mistakes and then do nothing. do literally nothing. doing nothing is easier to do than what you did

Satoshi! Flip the switch!

>>60751565
LOL

These dickheads finally mention the token, wtf is going on

>>60752131
No kidding. It took him an hour and a half to pick a line.

>>60752168
The singularity

>>60752187
>He leaves the group he slept near and starts scanning the ground with his super-sensitive “headgear,” searching for anything hiding under the surface. His senses are sharp, his vision wide, and he’s focused on one thing: finding breakfast.

lol we don’t even know how big this reserve will be and for how long they will lock the tokens away
ABSOLUTE BEARISH

All in on Nothing Ever Happens

I just watched the little promo clip on Twitter. There is a "switch flipping" animation

>>60752066
>>60752077
ADEM KAYSER EVERYONE WITH DOUBLE DIGITS

say it with me now
NOTHING (NOTHING)
EVER (EVER)
HAPPENS!!!!!!
xD
get dumped on stinkies

>>60752164
>>60752242
indeed

wen moon?

That’s it as soon as my cuckolded share owner account lets me do whatever I want WITH MY OWN MONEY I’m going all in LINK

My only thing about this is they don't specify how much will be allocated so could turn into a nothing burger. If they had said we'll put in 0.5% etc. then that would've given us a lot more insight.

Also there's no indication as to how often in flows will occur and to what period they'd relate, if they're a percentage or just a somewhat random dump.

Still, I do feel it's a step in the right direction.

>>60751567
>Hours of study
There's not a soul here who didn't buy just because a cartoon frog told us so.

Ok but what about the price? Am I rich yet?

>>60752092
>johnny, come upstairs your lunch is ready

>you: HOLD ON MOM i'm finishing my jerkoff tracking diary entry

grim

varys you need to find other outlets

>>60751560 (OP)
>god protocol
>price pumps barely 6%

You trully are the biggest cuckhold of all crapto.

>>60752378
Johnny's hubris was really his downfall.

>>60752360
Rubbish. I was buying long before I discovered this place and used Reddit as my forum, as I'm sure did many others
So you're frankly completely wrong. Sorry champ.

>>60752098
correct! in a sane world, they would be explaining themselves in a courtroom right now

>>60752101
>Wow the fud is really getting desperate

what do you mean "fud"... are you referring to reality? (price is below where it was 5 years ago)

>They just turned this switch on
ahh yes this "switch" then leads to a golden faucet "over time" right?


> because there really is nothing to be said negative anymore except "price"

i always laugh when the lower level cult members like yourself use this one

>football player goes around telling everyone his team in the best
>someone points out they have the worst record in the league and missed the playoffs
>you: "duuuuuuuuuuuuude our record doesn't matter", points over to picture of the team practicing

>>60751560 (OP)
can someone explain me why the FUCK chainlink labs is micromanaging and appropriating funds originally meant for node operators and why everyone is pretending this is something bullish?

node operators were originally meant to directly get paid via customers
instead what we got is customers directly making private agreements with chainlink labs, then the company giving some scraps to the operators

In the beginning,
Back before blockchaining time,
There was no truth,
Just broken data lines.
Smart contracts prayed
For price feeds they could trust,
But off-chain facts?
Man, they’d start to rust.

Then came the network,
With a mission to sync,
Out of the chaos,
There rose the LINK!

Let there be nodes!
Let there be feeds!
Let there be data!
Let there be speed!
Let there be truth!
Let there be sync!
Let there be—
LINK!

Now the miners were fading,
The gas fees were high,
Contracts were breaking,
And devs wondered why.
Then Chainlink appeared
Like thunder through the mist,
A decentralized oracle
No coder could resist.

Now DeFi is surging,
And prices don’t stink,
’Cause every protocol’s
Running on LINK!

Let there be Chainlink!
Let there be feeds!
Let there be staking!
Let there be speed!
Let there be VRF,
Cross-chain and sync—
Let there be—
LINK!

And it was good.
Chainlink rose from the blocks.
Feeding Ethereum, Solana, and even old-school stocks.
From weather data to sports scores,
From DeFi yields to real-world chores—
It connected them all!

Let there be data!
Let there be trust!
Let there be markets
Built fair and just!
Let there be devs
Who build on the brink…
Let there be—
LINK!
(Yeah!)
Let there be LINK!
Let there be LINK!
Let there be LIIIIINK!

>>60752400
>Johnny's hubris was really his downfall.
yep!

oll boy flew a little too close to the sun

>>60751699
Trump just placed 100% tariffs on semiconductors. Yeah btc about to tank.

>>60752418
It must be pretty fucking shit being him. The Link community loathe him and he's not trusted by anyone. Still, we reap what we sow.

>>60752404
>duuuuuuuuuude I absolute HAVE to spin every piece of good news in a bad way because I just have to, okay!?

>>60752404
>price fud
Price is 150x where I bought it from, screech more. Price has only gone up long term, as I stated
>but but but but muuuuhhhhh crazy bubble when LINK destroyed every other asset, it's not as high as that!!!!
That's cool and all but it has, long term, outperformed almost everything. Screech more.

>>60752403
You wrote all that when you could've just said "I bought the top of 2021"

>>60751867
>>60751914
Because they can dump tokens at a high price to fund operations and buy back at a low price to net negative inflation. It’s basically a signal to the market that bears will lose which gives them more leverage with token dumps (and ofc keeps bagholders happy)

>>60752578
Nothing makes me happier than when Sergey takes a big dump on my head. I live to serve Sergey. I am his paypig and his slave and I love it.

say it stinkies
say "i failed at life" xD

can we do some research on this address? Where is all the LINK coming from?https://etherscan.io/address/0x5680681ed3767b96914ce741a308155c7fb9171d#tokentxns

>>60752634
Not your personal research army, cuck

>>60752590
everything gets converted into LINK - off chain and on chain using the PAL. there will only be 1B LINK tokens

>>60752642
oh youre such a little mad fudcuck arent you. i bet you bought your cute little 3 figure stack in 2021

>>60752634
From chainlink labs, it’s a meme
They just sent it there, it’s not actual revenue from a chainlink service

Is Link one of those coins that go down in value, the more people hold it? Like BAT

>>60752647
Actually I have a 4 figure stack and I bought in 2022 and 2023.

>>60752089
accept you're retarded and buy back. Most traders who are competent wouldn't touch chainlink anyway. You got in and have a bag.

>>60752670
wow youre a big boy arent you. gj anyway 2022-2023 was a once in a lifetime opportunity, risk adjusted

>>60752405
that was the topic of contention some months ago that Chainlink has been stealing value from node operators all these years.

>>60752405
>node operators were originally meant to directly get paid via customers
You're retarded.
Even the 2017 whitepaper clearly says it's the CONTRACTS that pay the nodes.

>>60752714
>stealing value from node operators
... by paying them?
Holy shit where do you illiterate nitwits keep coming from

>>60751560 (OP)
Can't wait till Sergey strategically dumps this shit on you guys

ADEEEEEEEEEEEEEEEEEEM KAYSERRRRRRRRRRRRR the succes factory

>>60752736
>Holy shit where do you illiterate nitwits keep coming from

Alright anon, let's roleplay. You are a node operator. You get paid solely in Link. I am a representative and mediator of 10000 customers all clamoring to use your services. Would you like me to

A) Go to Sergey and pay him in whatever currency I have and he pays you in Link from the Team wallet?

B) Buy Link from the open market outright on behalf of my 10000 clients to pay you directly?

Which one would you prefer literate and genius anon? Which one benefits the price more?

SHEEEEEEEIIIITTTTT

What should I get for dinner tonight to celebrate? Not a Big Mac. Saving that for $1k.

>>60752831
hoo boy that post is bearish

>>60752831
lol @ official chainlink using this moonboy meme
bearish

>>60752865
fuddie tears are so delicious more please

>>60752831
>switch flipped
>token worth less than in 2020

very cool guys

>>60752775
If you want to pay the contract (not the nodes you retard) directly yourself for data, use Data Streams. It's been out for nearly two years.
You pay the contract, the nodes fetch the price in real time.

The classic feeds are "push" type feeds, they update automatically at regular intervals and obviously direct payment wouldn't work there since they would suffer downtime whenever end users failed to pay on time.

You sure seem to have a lot confidence for someone this retarded and ignorant.

And why would nodes keep working if Sergey were stealing from them?
You sound like a fucking commie pretending employers are "stealing value" from their staff.

>>60751720
congrats, but Ari is a super Jewish name. I guess if you're jewish then go for it, but if you're a white man you should pick a classic white man's name.

>>60751560 (OP)
So basically this reserve will be used to dump on baggies for years after CLL's premine is exhausted. Baggies just can't get enough of Sirgay's dumps, now they have them forever.

>>60751777
>locked for years
What happens when its unlocked?

>>60751560 (OP)
The initial reserve deposit is just liquidating the SXT reward for the US staking wallets that weren’t allowed to make a claim now that the redemption window is closed. They are spitting in your face

My 8500 LINK won't be enough will it. FUCK YOU SERGEY WHY COULDN'T YOU WAIT UNTIL NEXT CYCLE FOR THIS?!?!?

>>60751579
G-guy... Is this our time?

>>60753009
what the hell is your make it number to doubt if 8500 link is enough? You'll be at $1m in 2 years.
>>60752998
watch >60752590 , He said it will used to accelerate chainlink growth in the future but there are no plans anytime soon to withdraw it

>>60752278
It should play at half that speed and loop
That would aesthetic

>>60752493
>you could've just said "I bought the top of 2021"
I could've, but I didn't, because that would be a lie. I know you exist on lies, but we're not the same, you and I. I am a better human being than you.

>>60751567
I like how you cropped out the date that post was made so people stop making fun of you guys for holding a dead shitcoin for years while new projects moon all around you

>>60753047
like this?

>>60753123
Now we just need "You spin me round" playing in the background lol

>>60752831
Just when you think this company couldn't do anything more cringe they somehow double down on a level of retardation few even considered possible.

>>60753039
>what the hell is your make it number
Since I live in Burgerland I need to net at least 10M after taxes. Which means making at least 15M.

>>60752956
Anon, you ignored my scenario. Answer it.

And that's not the reason why they don't do direct payments for push type feeds on chain (pay some fee in Link, get price response). It's because of a major security hole in that anyone can look into the contract's storage and read the data, bypassing the need to pay to read data.

But since you brought it up for the push based Price feeds, it has been said that they're charging an upwards of $100K a year for pricefeeds. But customers setting up pricefeeds are paying in cash or whatever. What would happen to the link token's price if Chainlink Labs demanded they paid in Link? Or what would happen if Chainlink, instead of paying node operators from their team wallets, converted the payments made to the company into Link and paid out node operators that way?

Now that the dust has settled: why don't they just dump less LINK every month instead of buying it on the open market?!

pump is done
here comes the dump to $15
and, preemptively, i post pic related at u dumb stinks

>>60753151
This is more appropriate

https://www.youtube.com/watch?v=RKWb9MGtVmw

>>60752358
In-flows are going to be weekly according to sergey

Kebab shop sisters? What's out angle?

sorry but 1,2,3,4,5,6,7,8,9 and link is going back down to $13.

>>60753241
Between 2021-2024 I was giving daily reminders that price feeds are public and aren't generating demand for token and was gaslit endlessly for being a fudder

Nice to see not everyone is retarded

>>60753371
I wonder if this our google moment.

You know when larry page brought a bunch of bankers in the colorado mountains to discuss an IPO and everyone found out google was printing money.

I can only dream.

>>60752449
haha, you read my mind

>>60752469
explain to me in your own words how them putting 0.3% of the offchain revenue they make in an escrow account benefits you

you have the floor
>>60752493
>You wrote all that when you could've just said "I bought the top of 2021"

the irony of this comment being that this common sentiment among the cult is exactly what drove tons of potential retail buyers away

and you can pretend like you don't mind but it cost you millions

your hubris that is

>>60753421
Price is up today

>>60753377
No. Simply put: If payments aren't forced onchain on a smart contract level, you can expect no increase in demand.

This is blog is too vague and I don't have the time or willpower to research if anything is enforced onchain

>>60752704
>wow youre a big boy arent you. gj anyway 2022-2023 was a once in a lifetime opportunity

now for the reality: this was most certainly not that

btc is up 5x since then, link 3x

i love when the cult makes a claim like this that anyone can just go and fact check looking at a chart

you should stick to claims no one can verify like secret revenue you can't disclose but can somehow make vague claims about
or having thousands of launch partners "soon"

>>60753438
not much stinkbag

>>60751560 (OP)
I sold last week so I could neet and play RuneScape.
Can someone explain how this affects price if it does?

I'll be enchanting opal necklaces in the meantime

>>60751958
the entire purpose of tokens is to be dumped. whether they're dumped now or in 4 or 10 years makes no difference, it's still a net zero impact if your plan is to hold longterm.

also they're probably dumping equal or greater number of tokens simultaneously from elsewhere. it's all fugazi

>>60752089
you'll be able to buy the worst performing asset under $10 next year, do not fomo thats how people lose all their money

>>60753421
>0.3%
of HISTORICAL revenue
Why the fuck would they commit to adding a large % of their historical revenue to the reserve? That's insane.

They are obviously committing a % of their ONGOING revenue you stupid cunt.

>>60753483
do you work for chainlink? that's a weird reaction to get mad like that

>Why the fuck would they commit to adding a large % of their historical revenue to the reserve? That's insane.

why is that insane
theyve raped the cult for years and have taken cult donations to run their business while keeping all of the offchain revenue for themselves

>They are obviously committing a %

ahhh yes the obvious % that they can't confirm

>stupid cunt

says the guy down 5 years straight, ouch!!

So instead of sustainable staking we get… a reserve?

bros don't let the eternal seethegroids dampen your high.
we've got a muhfucking switch flipping, strategic reserve building, LINK accumulating, enterprise customer attracting gigachadathon happening and we're all going to fucking make it, so take a deep breath and watch this video of a yacht in wild weather:
>https://www.youtube.com/watch?v=8GVF8-fAj0I
SmartCon New York LETS FUCKING GOOOOO

Reserve means Sergey recognizes a moment in time when there will be drastic shortages of Link and they'll need an emergency supply.

Strap. TheFuck. In. Lads.

>>60751560 (OP)
test

>>60753241
This is probably some of the most retarded brain fart nonsense I've ever read on here.

You can't make people pay to SEE public automated updates. They're supposed to update anyway, whether people pay or not, and they're public for all to see.
The reason certain users pay for the OG feeds is because CLL does the work creating and maintaining those feeds.

Data streams is the exact same thing, except on-demand. And you pay the contract for the result to be generated.

It's literally that simple.

>>60753511
It's just a burn/buyback. Lots of projects do it to restart some momentum.

>>60753511

>they're getting ready to dump supply on the market, just in case it pumps

yeah I'm really strapped in over here

>>60752039
Why am I thinking of eventually horizon when I read this?

Holy bearish as fuck.Why does chainlink labs have to buy tokens themselves? Why aren’t clients buying tokens? Tokens needed? Centralized POS

>>60753553
If I had to guess, probably something to do with the upcoming CLARITY act

>>60753553
>Why aren’t clients buying tokens?
Every single Link token in the reserve was paid for by the clients and users.
Learn to read.

>>60751560 (OP)
> The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK tokens using offchain revenue from large enterprises that are adopting the Chainlink standard and from onchain service usage for the purpose of creating a strategic fund for Sergey to buy more bigmac with.

>>60753480
>the entire purpose of tokens is to be dumped.
yep i know
t. i belived sergey when he lied in 2021 about CCIP and staking. i lost 2mill unrealized profits that day. I suspect hes setting up everyone again because we are getting close to the end of the cycle

I LOVE CHAINLINK (TICKER: LINK)

it's a good marketing strategy. people complain about them selling tokens en masse to fund (insert something valuable they do here, i'm pulling a blank right now), so they want to get associated with not selling, which is what they want their customers to do but refuse to do themselves

>>60751560 (OP)
posting in big bread
> mailman anon for my faggot friends who wont believe me

>>60753600
Yea so the token has no use for oracles?

real marines donate their LINK to Sergey's reserve

>>60753717
https://docs.chain.link/ccip/billing

>>60753577
it's always some new gubbermint act with u stinktards

>>60753304
GOD I LOVE THIS LITTLE GUY. KEEP DOING YOUR THING, BROTHER!!

>>60753717
the tokens are used to pay for chainlink services, and those tokens are then sent to the strategic reserve. the tokens' use is fulfilled

Fuddies are fuming kek

>>60753746
If a third party sets up nodes, they don’t need link then. They can accept eth. Or will chainlink stay centralized forever?

>>60753771
kek they haven't figured out a consistent line of attack yet but they're trying.

>>60753778
I can provide some for them:
>We don't know what % of revenue will go to this.
>Two years from now when they start selling from the reserve be prepared for a BIG dump.

>>60751560 (OP)
this is big but with some caveats
this has always been the problem
chainlink labs has been as happy as anything with millions paid per integration for public chains and god knows how much for their institutional clients. from the blogpost this is now known to be hundreds of millions
chainlink is not unique in this... etherscan also gets paid millions per chain integration, eg arbiscan
but chainlink labs was completely different level... the hiding strategy is real
and then they had their extra LINK to dump as needed
this could change the game completely but trauma makes you wonder if all that deal value will actually flow through
firstly
1) undeclared deals, we have no visibility on anything internal
2) under reporting of the deal value
3) how much of each deal actually goes to the reserve?

the "offchain revenue" is still a black box

truth > trust

>>60753786
Wait acually, now that I think about this, is CLL implying that all their offchain revenue will go into this or just some?

>>60753072
With all those other opportunities out there you must have hit at least a few of them and are now a multimillionaire… right?

>>60753018
Its happening........TONIGHT

>>60753600
actually no. we are only getting 30% of the porfits from chainlink.

>>60751653
Piethagoras?
More like Macthagorus.

>>60751684
You will become a target for Jewish Space Lasers getting around in that thing

>>60753891
>actually no
Actually yes.
Every single Link going into the reserves will have been paid for by clients.

>>60753775
>If a third party sets up nodes, they don’t need link then
If you fork BTC or ETH you don't need BTC or ETH lol

>>60751567
Why do you mouthbreathers sperg out when people got lucky? You did get lucky. It’s not good or bad it’s just luck.

>>60751862
Replying to caps nigger is the equivalent of Mr beast dropping wells for Africans. It only encourages them. Best avoided.

so it's basically just a buyback? does that mean they're going to stop dumping?

>>60751560 (OP)
Witnessed

>>60751777
this is it bois

That face when you realize you own 60% the amount of the Chainlink Strategic Reserve

>>60753925
no did you read the blog? only 30% of the profits from off chain deals go into the reserve.

>>60753963
It means that from early November, 11,500 banks will be buying Chainlink without even knowing about it.

>>60753963
they are doing the buy back to dump the rest of the shitcoins at a higher price. Good for me i can finally walk away from this shit

>>60753977
Which means every LINK going into the reserve will be paid for by clients. Sorry mate but you are a bit dense aren't you?

>>60753986
>Which means every LINK going into the reserve will be paid for by clients. Sorry mate but you are a bit dense aren't you?
you're dense. they literaly had to make a scheme to get them to use the token. I take that back to lock up the token. No one wants to use the token for chainlink services

Is 3k enough to make it? I could probably chuck in enough $ to get to about that. Mega late nut-sack here.

>>60753996
brown id, brown tears, delicious

>>60754014
i have more link then you

>>60754014
this. FUDders are striking with full power since this thread appeared.

>>60754023
>then

>>60753977
Whether it's 1% or 100% or anything in between, every single token going into the reserve will have been paid for by clients.
Either you're severely ESL or extremely retarded.

Post the exact wording from the blog about the 30% btw

>>60753996
>they literaly had to make a scheme to get them to use the token
They were always paying for the token. And now they're paying for tokens to go into the reserve.

>>60754023
No you don't. You're a crippleshit.

>>60754035
>Post the exact wording from the blog about the 30% btw
He made it up.
I've been looking for what % is going into this and they don't say, only that for SVR it will be 50%.

>>60754027
we fuddies are apex predators
we see weakness: we pounce

>>60754023
>then

>>60754085
that's just pathetic. I get the idea but FUDdies in this thread is low class. Even if trump would sucked sirgay cock in front of whole world, Fuddies still would declare that this was for token dump. It makes no sense.

it's nice to see that gigabullish news can still create a 200 reply thread pretty quickly on /biz/, even though this place is dead now day to day

>>60754176
Yeah, the place is generally a cesspool if there isn't a Happening in the works, I only come here if there's a big pump or a big crash.

>>60751560 (OP)
IS THIS IT? THIS IS IT???

>>60751560 (OP)
Things will get wilder from here frens

THEY AREN'T PUTTING LINK IN THE STRATEGIC RESERVE SO SERGEY MADE ONE AS A CONSOLATION

>After all these years can finally start unloading my 100k stack at a hunned dollars
Fuck you and thank you Sergey.

>>60753775
Think hard about what you're trying to argue and say. If a third party sets up nodes then they're not using chainlink services anymore so why would they pay in link?

>>60751777
witnessed

>>60754201
Jej

>>60751670
No it's not needed at all thats why they had to do this

g-guys..?

fuck every stinkie
hate em all
simple as

>>60754246
AAAAAAAAAAAAAAAA IT'S REAL

>>60754246
kek they rugged it already welcome to le cirque i guess

>>60754246
KEK

>>60753329
Ah, thank you. That's a lot more positive. I guess we await next week's update then.

>>60754246
Wow three whole LINK. Very strategic.

no outflows though. must be a display bug

>>60751560 (OP)
why do jannies allow ten bobo threads and 5 link FUD threads but only one bull-link thread?

i farted and it was a little wet but it didnt leave my butthole
now im sitting here and dont wanna get up
u guys feel me?

>>60753824
An unknown amount which makes it a bit tricky. We don't know if it'll be a consistent percentage, a moving percentage or a somewhat random dump, but another anon above said it'll be paid in weekly so at least there's consistency in that.

>>60754294
slick cheeked devil

>>60754287
It's already fixed, indeed probably a display bug.

>>60754287
>0xc6b...63da
proud to be one of the first contributors to the chainlink reserve o7

Today is the 7th

>>60751604
>>60751607
So the hiding strategy is officially over then?

I mean Serg hobnobbing with the Prez was a flashing beacon but its still so hard to believe.

>hundreds of millions of dollars in revenue, substantially from large enterprises that have paid offchain for access to the Chainlink Platform
What is this access exactly? Helping them integrate chainlink?
Also, does this mean they will stop the dumpings? It wouldn’t make sense to sell tokens if you’re also buying them.

>>60754294
Sounds like a shitty time.

>>60753520
>The reason certain users pay for the OG feeds is because CLL does the work creating and maintaining those feeds.

Anon, the topic of discussion doesn't around "why certain users pay for OG [push] feeds". It's "why certain users pay for OG [push] feeds OFFCHAIN AND NOT IN LINK".

I explained the off chain reasoning. This is 2 for 2 now where I have some anon responding calling me illterate or retarded and they can't understand, much less refute what I'm discussing.

XRP's 7 year bear market can now commence

>>60753823
Yeah, we still have to trust that offchain payments will be converted to Link and sent to the reserves instead of Chainlink putting it in their coffers like usual.

>>60753371
The public part isn't the issue. It's that the price feeds were being paid for in currencies other than Link.

>>60751560 (OP)
>Chainlink reserve
>doesn't use Chainlink Proof of Reserves
Embarrassing

>>60751579
Not a live dashboard. Only displays whitelisted contributions to the fund. Imagine sending a LINK token and not getting any recognition.

>>60754650
>Imagine sending a LINK token and not getting any recognition.
feels bad man

OHHHH Revenuueee Fuddieeeeees!!!

>>60754634
they could use it as another demoralization weapon even
underreport on deals and only allocate 5% to the reserve but without ever revealing what % they are taking
if they want to keep hiding then it could be very useful

Imagine being a node cuck. Chainlink will be completely centralized in 2 years.

>>60754795
price + chart

>>60754246
Sergey’s strategic bigmac fund

fuck every fuckin stink

>>60754377
>>60754399
checked, 19 soon

>>60751720
ari is a jewish name why would you condemn your child to eternal fire and faggotry

Biggest news of the year for LINK and only 300 posts. Link is truly dead

>>60755117
I find it hard to know what's a fugazi and what isn't with LINK these days. We get so much news thats bullish on paper but still the coin ranges around rank 13 to 17. I've got Stockholm syndrome so won't sell until mid-2026 but its hardly a surprise there's no energy left on here

Even with this, what if they keep dumping tokens on the open market at a faster rate than they're locking them up in the reserve? Then we still end up with the circulating supply diluting. We'll be able to tell in a few months, if they end up locking 10's of millions of tokens in this reserve and stop dumping then I agree its big news.

>>60755113
But it’s so close to Aryan. I plan on naming my future son and daughter Ari and Ann so I can called them both by shouting Aryan get over here

>>60755235
Why not just name them Aria, it's already an Iranian name and literally translates to "Aryan".

>>60755235
>The term Arya has been used by the Iranian people, as well as by the rulers and emperors of Iran, from the time of the Avesta. Evidently from the time of the Sassanids (226–651 CE) Iranians have called it Iran, meaning the "Land of the Aryans" and Iranshahr. In Middle Persian sources, the name Arya and Iran is used for the pre-Sassanid Iranian empires as well as the Sassanid empire. As an example, the use of the name "Iran" for Achaemenids in the Middle Persian book of Arda Viraf refers to the invasion of Iran by Alexander the Great in 330 BC. The Proto-Iranian term for Iran is reconstructed as *Aryānām (the genitive plural of the word *Arya); the Avestan equivalent is Airyanem (as in Airyanem Vaejah).
https://en.wikipedia.org/wiki/Aria_(name)

>>60751560 (OP)
I DARE YOU TO BURN THEM YOU FAT FUCK I KNOW YOU WON'T

>>60754224
So it’s centralized then? Will third parties ever be able to set up nodes or do they have to be approved by chainlink labs?

>>60751586
Kek the last bitter resignation of the defeated fuddie: “buy an ad”. Buy deez nuts kid

>>60754904
This is going to become such a meme when it finally moons

Ok, having had time to let myself absorb the news, which is obviously overall great, there's still only 2 flags about this announcement:
>1. What is the reserve ACTUALLY used for? They say it's to help the network, but they don't actually say *how*.
Them not mentioning this at all raises a red flag IMO.
>2. How much of the off-chain revenue actually gets converted to LINK, and at what rate is it added to the reserve?
Sergey said they add to the reserve once a week, but how long are the funds themselves sitting waiting before they get converted? Are they going to convert it to LINK the same week they receive it? I doubt it. Further, would they convert all at once, or just a bit on one week, and then some more the next week? The lack of explication on this matter makes it seem like it's kind of "truth > trust" theatre. It definitely SEEMS like it's trustful, because the PAL and the reserve are onchain, but we have no idea about anything BEFORE that point. Of course, if you just care about seeing how much LINK gets bought and literally nothing else then it doesn't matter, but I think this is actually important.

>>60755277
it's open source, knock yourself out

>>60755252
>>60755266
>the future of the white race is some arab nonsense
just name him muhammad

>>60754715
>Paying 81k just so senpai will notice you

ISHIGGIDY DIGGITY MY NIGGIDIES.

Wow so instead of just dumping 7m link per month, sergeys only gonna dump 6,945,000. Let's celebrate muhreeens!!11
So what happened to the original 350m reserve stack for network incentivization? Are they just gonna dump all that and "rebuild" a smaller reserve? Really weird how there's been no mention of it, 0 transparency. I thought the team already finished dumping their 300m dev portion. The circulating supply is around 678m..
So let me get this straight.. they sold 350m to the public, and will sell the other 350m and 300m to the public on exchanges... While they rebuild a "reserve" that they have access to... sounds very jewish to me

Our lives started today.

>>60754616
>"why certain users pay for OG [push] feeds OFFCHAIN AND NOT IN LINK".
Because they're paying a company, not a contract.
For the push feeds, it's CLL paying the contract.
The nodes are still paid in Link.

And now with PAL, you can also pay contracts in alternative assets. And nodes are also still paid in Link downstream.
It's just convenient to let users use other assets, it lowers the threshold for use.
In the end, nodes are paid in Link regardless.

>>60754634
>>60753823
>>60756248

KEK seethe harder crippletits

>>60756610
>Because they're paying a company, not a contract.
Anon, you can pay the company onchain. In Link.

However, you're still missing the fundamental problem when you say "CLL paying the contract and nodes are still being paid in link"

>>60752775
Reread this. Feed it into ChatGPT if you have to.