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Thread 61093027

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Anonymous (ID: a0Vp5Rqm) No.61093027 >>61093458 >>61096395 >>61099581 >>61102094 >>61106371 >>61108350
HAVE THE PAID OR VOLUNTEER SHILLS ADDRESSED THE LINK TOKEN DUMPS YET?
JUST CURIOUS IF THEY HAVE COMMENTED ON THE LINK TOKEN DUMPS AN HOUR BEFORE THE LARGEST CRYPTO CRASH IN HISTORY? OR ARE THEY AVOIDING THE TOPIC WHILE HOPING EVERYONE FORGETS IN ANOTHER DAY OR TWO
>NEXT WEEK WHEN CHAINLINK BUYS A PATHETIC 45K FOR THE RESERVE AFTER DUMPING OVER 16,000,000+ LINK THE WEEK BEFORE
>THIS IS SO INCREDIBLY BULLISH!! WAGMI BROS!!
THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
Anonymous (ID: BkEhfHk4) No.61093068 >>61093101
yeah someone did prove that it was a nothingburger and just another of their regularly scheduled dumps but i guess you were too busy flooding the board and rotating through your 10 different threads to notice
Anonymous (ID: a0Vp5Rqm) No.61093101 >>61093183 >>61093458
>>61093068
BROTHER, IF YOU BELIEVE THAT YOU NEED TO GET TESTED, SERIOUSLY
16 MILLION+ LINK SENT AN HOUR BEFORE THE BIGGEST CRYPTO DUMP IN HISTORY
YOU'RE SERIOUSLY GOING TO BELIEVE THAT?
BROTHER, GO TO YOUR PREFERRED ARTIFICAL AI ANALYZER
DUMP THE CL TEAM ADDRESSES IN THERE
ASK IT TO GO THROUGH ALL THE TRANSACTIONS SENT TO BINANCE GENERATE A TABLE WITH ALL OUT THE OUTFLOWS TO BINANCE BY DATE AND THE AMOUNT FROM THOSE ADDRESSES. YOU'LL SEE
USE YOUR BRAIN, C'MON DUDE
Anonymous (ID: BkEhfHk4) No.61093183 >>61093207 >>61093221 >>61093226 >>61093375
>>61093101
1. you were completely wrong about them always splitting up their transactions. there were transactions straight to binance with 8m+ link made earlier this year.
2. you made it seem like this dump was completely out of the blue like they were rushing to beat the crash, but they always dumped on fridays.
3. 1 hour before the cataclysm is irrelevant. if it was 2 hours 5 hours 12 hours 1 day 1 week doesn't matter, ultimately it's the fact that they sold before the crash that has you going full conspiracy theorist. but them selling before the crash isn't some crazy lucky feat, it's very possible that they just got lucky.

now, is it possible that they were tipped off beforehand and dumped before everything went to shit? sure. is it possible that the powers that be paid chainlink labs the courtesy of allowing them to dump before they nuked the market? sure. but you're flinging accusations with no evidence to support them.

and even then what exactly are you accusing them of? dumping? brother they've been dumping for years and it's very clear they don't intend to stop. so either suck it up or sell. insider trading? would you be happier if they sold after the crash instead of before? i genuinly don't understand what you're seething about.
Anonymous (ID: a0Vp5Rqm) No.61093207 >>61093458 >>61102115
>>61093183
DUDE, DID YOU DO YOUR HOMEWORK TASK I ASSIGNED YOU?
BEFORE YOU RAMBLE ON ANY FURTHER, I SUGGEST YOU SEE WHAT YOU FIND
HINT: YOU'RE NOT GOING TO TO LIKE IT AND IT WILL SHATTER YOUR YOUR PRISTINE IMAGE OF CL LABS
NOW WE'RE ON THE, "CL LABS GOT LUCKY" WITH THEIR MASSIVE DUMP TIMING TRAIN?
HAVE A GOOD MORNING, BRO.
Anonymous (ID: 2R+xhaMy) No.61093221 >>61093242 >>61093270
>>61093183
paid shill CLL defender
how do we cope about the fact that it's gonna take 300 weeks (6 YEARS LOL!!) of buybacks to match this one dump?
what happened to hundreds of millions in revenue, I thought CLL didn't need any money?
they already have at least 3-4 billion from past dumps what the fuck do they need this money for?
Anonymous (ID: a0Vp5Rqm) No.61093226 >>61093458 >>61103903
>>61093183
>would you be happier if they sold after the crash instead of before?
I WOULD BE HAPPIER IF THEY DIDN'T DUMP 16 MILLION+ TOKENS AN HOUR BEFORE THE LARGEST CRYPTO CRASH IN HISTORY
THEY MADE OVER 300 MILLION FROM THESE DUMPS
ARE THE BILLIONS THEY HAVE PREVIOUSLY DUMPED NOT ENOUGH FOR RIGHT NOW? THEY NEEDED TO COMPOUND THE PAIN AND EXTRACT AS MUCH VALUE AS POSSIBLE FROM THE COMMUNITY?
OH, BUT THEY'LL BUY BACK 45K FOR THE BULLSHIT RESERVE NEXT WEEK AND THE SHILLS WILL BE DOING CELEBRATORY VICTORY LAPS REJOICING AND TELLING EVERYONE HOW BULLISH THIS IS
Anonymous (ID: a0Vp5Rqm) No.61093242 >>61093458 >>61093687
>>61093221
THIS ANON GETS IT
THE ONES THAT STILL DONT AND CONTINUE TO DEFEND THIS BULLSHIT ARE CERTAINLY GETTING PAID TO DO SO OR ARE COMPLETELY BRAINWASHED AT THIS POINT
Anonymous (ID: BkEhfHk4) No.61093270 >>61093357 >>61093378 >>61093427
>>61093221
>how do we cope
i don't have to cope with anything. i know what i invested in. if at any point i don't believe it's a good investment, i sell and move on. i don't cry about it daily like a petulant child. i don't understand how people like you and your caps lock friend can whole heartedly believe that the company in charge of your investment is incompetent and malicious and actively harming that investment and yet refuse to sell and choose to hold. sounds to me like you are the brainwashed ones. have fun seething everyday i guess.
Anonymous (ID: 2R+xhaMy) No.61093357 >>61093450 >>61093485
>>61093270
>i don't have to cope with anything.
We know, you're a paid shill, the dumped link literally pays you

>i don't understand how people like you and your caps lock friend can whole heartedly believe that the company in charge of your investment is incompetent and malicious and actively harming that investment and yet refuse to sell and choose to hold.
because I can see the potential of chainlink like every other anon here

strangely you haven't answered my question, could it be because you also agree with me and are a paid shill and can't say it publicly?
please give me a single reason why they keep dumping the token like this?
we know they have revenue
we know they have runway
so why do they keep doing this?
not to mention how much of a scam the reserve is
can't wait for the next weekly CLG tweet

Another 50k link added to the reserve!! Last week chainlink only net sold 19,950,000 LINK instead of 20,000,000!!!
Anonymous (ID: YW3DH7dV) No.61093375
>>61093183
CLL shill detected
Anonymous (ID: Ow2mz25d) No.61093378 >>61093447
>>61093270
>i don't have to cope with anything.
he says. immediately followed by this cope:
>i know what i invested in. if at any point i don't believe it's a good investment, i sell and move on. i don't cry about it daily like a petulant child. i don't understand how people like you and your caps lock friend can whole heartedly believe that the company in charge of your investment is incompetent and malicious and actively harming that investment and yet refuse to sell and choose to hold. sounds to me like you are the brainwashed ones. have fun seething everyday i guess.
:}
Anonymous (ID: nQqv+Nat) No.61093400
>Negative news effect the market as a whole, making a lot of coins drop.

wOw tHe pEdOfIlE sAtUrN cUlT vAmPiRe eLiTeS mUsT bE dEsPeRaTe tO sUpPrEsS lInK

>Sergey sends millions of LINK to an exchange right before the biggest flash crash in history.

nOoOoOoO! yOu cAnNoT jUsT lIsT fAcTs! dUuUuUuDe! yOu mUsT bE nIgErIaN oR bUlGaRiAn oR sOmEtHiNg! fUdDiEs mUsT bE dEsPeRaTe tOdAy!
Anonymous (ID: a0Vp5Rqm) No.61093427 >>61093447
>>61093270
BROTHER, DID YOU DO THE FIVE MINUTE EXERCISE I OUTLINED EARLIER. IT SHOULD GIVE YOU ALL THE INFO YOU WANT TO KNOW. OR IF YOU DONT WANT TO KNOW, AND REMAIN BLISSFULLY UNAWARE, THATS OK TOO
Anonymous (ID: BkEhfHk4) No.61093447 >>61093676
>>61093378
i guess i am coping thinking that i can have a real discussion on this godforsaken board

>>61093427
why don't you articulate your argument like an intelligent human being or at least plug your ramblings into chatgpt and have it create a post for you
Anonymous (ID: a0Vp5Rqm) No.61093450
>>61093357
>because I can see the potential of chainlink like every other anon here
PRETTY MUCH
I BELIEVE THE CHAINLINK TECHNOLOGY WILL OVERCOME THE SHITSHOW DUMPSTER FIRE THAT CL LABS HAS BECOME. THIS IS NOT THE SAME COMPANY IT WAS IN 2020. BACK THEN THERE WERE LIKE 40 SOMETHING EMPLOYEES, NOW THEY HAVE A BLOATED HEADCOUNT OF 700+ AND ARE SO BOGGED DOWN WITH SKY HIGH EXPENSE RATES AND OUT OF CONTROL SPENDING, ESPECIALLY IF THEY NEED TO MILK THE COMMUNITY FOR ANOTHER 300 MILLION DURING THE WORST CRASH IN HISTORY AFTER THEY HAVE ALREADY DUMPED BILLION
Anonymous (ID: 1aOFbwV1) No.61093458 >>61093481
>>61093027 (OP)
>>61093101
>>61093207
>>61093226
>>61093242
>o-our initial coordinated discord fudcuck thread where we tried to push the same angle had a bunch of people pointing out how retarded we were
>better try to make it again and accuse everyone pointing out how dumb we are of being paid shills again
>yes, it is everyone else who are the paid and inorganic actors on this board, not brownoid faggots like me who fud on a schedule with what seems to be a quota like its my fulltime job

kys
Anonymous (ID: X6YPQ4ir) No.61093473
LUIGI MANGIONI LINKED UP WITH SERG SHEISTY AT FARTCON!? NEED IT OR KEEP IT?
Anonymous (ID: ZrjRHFqp) No.61093481 >>61093495
>>61093458
>The Linkie is immunized against all dangers: One may call him a baggie, parasite, schizo, retard, it all runs off him like water off a raincoat. But call him a ChainlinkLabs shill and you will be astonished at how he recoils, how injured he is, how he suddenly shrinks back: "I’ve been found out
Anonymous (ID: BkEhfHk4) No.61093485 >>61093685 >>61093736 >>61094285
>>61093357
>strangely you haven't answered my question
how the fuck am i supposed to know where the money is going? you really think this is some sort of gotcha?

>because I can see the potential of chainlink like every other anon here
so you've chosen to hold despite disagreeing with chainlinks actions. and yet whenever they do what they've always done and what you know they're going to do you cry and complain and seethe like a baby. you're a real intelligent investor.

like i just want you to understand something. you know that chainlink has been underperforming for years. you know that it's down 90% against btc. you know that the circulating supply is continuing to increase. you know that despite the bullish announcements the price fails to appreciate. you know that despite chainlinks importance no one in crypto gives a shit about it. you know that you are taking a risk investing in fundamentals in a market run by scammers and grifters. and despite all this you chose to hold. because you believe that despite it all the price will appreciate. which to be fair is exactly why i hold as well. but where as i, an adult male, take responsibility for my own decisions and actions, you on the otherhand
cry and complain and seethe that your predicament is purely the result of other people. when you're only in your predicament because you chose to be.
Anonymous (ID: 1aOFbwV1) No.61093495 >>61093535
>>61093481
>t. fulltime fudcuck angrily projecting again while knowing that he has another 5 hours left on his shift where he just gets called an esl retard when he is noticed at all
Anonymous (ID: X6YPQ4ir) No.61093505
THIS IS THE FATE OF THE LINK CHART
Anonymous (ID: NsdX1cWw) No.61093507 >>61099567 >>61104638
At this point I'm buying LINK solely because of fudcuck seethe
Anonymous (ID: X6YPQ4ir) No.61093533
THIS IS YOUR FUTURE, LINK MARINES.
DOWN 99.99% AGAINST BTC.
THERES MILLIONS OF THESE SHITCOINS AND THEY DONT EVER RECOVER, JUST A LONG BLEED TO 0.
Anonymous (ID: YW3DH7dV) No.61093535
>>61093495
Yeah but price? Oh and chart?
Anonymous (ID: Ow2mz25d) No.61093542
#BornToLaughAtStinks
Anonymous (ID: X6YPQ4ir) No.61093562
JUST WHAT DO YOU THINK HAPPENS WHEN YET ANOTHER SMART CON GOES BY WITH ABSOLUTELY NOTHING? I GIVE IT ANOTHER YEAR MAX UNTIL LINK IS BACK AT ICO BTC PRICES. A FULL 10 YEAR ROUNDTRIP COMPLETE.
Anonymous (ID: a0Vp5Rqm) No.61093676
>>61093447
BROTHER, I GAVE YOU CLEAR INSTRUCTIONS ON HOW TO QUERY THE LINK TRANSFERS TO BINANCE USING YOUR PREFERRED ARTIFICIAL AI ANALYZER.
Anonymous (ID: a0Vp5Rqm) No.61093685
>>61093485
>so you've chosen to hold despite disagreeing with chainlinks actions.
I CHOOSE TO HOLD BECAUSE I BELIEVE IN THE CHAINLINK TECHNOLOGY DESPITE WHAT CL LABS HAS BECOME OVER THE PAST HALF DECADE.
IT'S A BET THAT THE TECH IS ESSENTIAL AND IS "TOO BIG TO FAIL" AT THIS POINT, NO MATTER HOW POORLY RUN CL LABS IS
Anonymous (ID: GH+HxV3V) No.61093687 >>61093700
>>61093242
Nobody is defending it, you attention whore
Anonymous (ID: a0Vp5Rqm) No.61093700 >>61096360
>>61093687
BROTHER, ARE YOU SERIOUS? CL LABS CAN DO NOT WRONG IN THE EYES OF THE SHILLS. YOU CAN LOOK AT THE TWITTER COMMENTS FOR PROOF, EVEN TODAY
JUST WATCH WHEN NEXT THURSDAY ROLLS AROUND AND CHAINLINK SENDS 50,000 LINK TO THE RESERVE THE SHILLS WILL GO BANANAS WITH EXCITEMENT. TOTALLY IGNORING THE FACT IT WOULD TAKE 6 YEARS OF THESE RESERVE TRANSFERS TO EQUAL WHAT THEY SENT TO BINANCE YESTERDAY
Anonymous (ID: a0Vp5Rqm) No.61093725
BUT YOU'RE RIGHT, NO ONE IS DEFENDING IT. THEY ARE SIMPLY IGNORING REALITY AND CONTINUING TO LIVE IN FANTASY LAND.
Anonymous (ID: +cVqEa34) No.61093736
>>61093485
I love how this post implies there’s any fundamentals worth even investing in when literally the entire business model from 2017 has been completely scrapped in favor of joining the fake news hype and dump on retail train with every other single alt in the top 20
Anonymous (ID: uuuNR2qI) No.61093737 >>61093747 >>61093758
Please, stop engaging with this troll cunt. Just ignore him. Let it slide, and ignore any new ones he makes. Sick of this chud
Anonymous (ID: +cVqEa34) No.61093747
>>61093737
Honestly I’m with OP, literally sick and tired of tranny mods spamming their crypto darling 24/7 just to pump their bags
Anonymous (ID: a0Vp5Rqm) No.61093758 >>61096317
>>61093737
IM NOT MAKING ANY MORE THREADS OR POSTING ANY MORE, BRO, I PROMISE.
WISH YOU ALL SUCCESS AND GOOD FORTUNE
Anonymous (ID: mrFyENXp) No.61094285
>>61093485
there’s nothing more pathetic than defending and simping for a limited liability company this hard, and for free
Anonymous (ID: a0Vp5Rqm) No.61096317
>>61093758
ONE MORE THING BEFORE I'M OUT
I LOVE YOU ALL AND WE'RE ALL GOING TO MAKE IT, BROTHERS.
Anonymous (ID: GH+HxV3V) No.61096360
>>61093700
>YOU CAN LOOK AT THE TWITTER COMMENTS FOR PROOF
Then go bitch on twitter. Don’t bring it here
Anonymous (ID: RaGVE9pC) No.61096381
How is it that the precious metal boomers can understand how the caps lock and shift key work but a chainlink fuddie cant. The absolute state man..
Anonymous (ID: Vc+J5MHa) No.61096395 >>61096430 >>61096483 >>61102139
>>61093027 (OP)
Friday's token dumps were:

>within the same 3-4 month interval as always
>on the same day as always (Friday)
>at the exact same hour as always (see pic)
>the same amount as always

There was quite literally nothing suspicious about it.
Anonymous (ID: Vc+J5MHa) No.61096430
>>61096395
source for the intervals:

22/11/22 - 23/03/03, 3.5 months
23/03/03 - 23/06/16, 3.5 months
23/06/16 - 23/09/15, 3 months
23/09/15 - 23/12/15, 4 months
23/12/15 - 24/02/02, 2.5 months
24/02/02 - 24/06/21, 4.5 months
24/06/21 - 24/09/20, 3 months
24/09/20 - 24/12/20, 3 months
24/12/20 - 25/03/14, ~3 months
25/03/14 - 25/06/20, 3 months
25/06/20 - 25/10/10, ~4 months

https://etherscan.io/tokentxns?a=0x9b1c1752b6b6eaf62a8c491a8681b32c1f7ecde9&p=1
Anonymous (ID: Vc+J5MHa) No.61096483
>>61096395
source for the intervals:

22/11/22 - 23/03/03, 3.5 months
23/03/03 - 23/06/16, 3.5 months
23/06/16 - 23/09/15, 3 months
23/09/15 - 23/12/15, 4 months
23/12/15 - 24/02/02, 2.5 months
24/02/02 - 24/06/21, 4.5 months
24/06/21 - 24/09/20, 3 months
24/09/20 - 24/12/20, 3 months
24/12/20 - 25/03/14, ~3 months
25/03/14 - 25/06/20, 3 months

and now the latest interval:
25/06/20 - 25/10/10, 3.7 months

https://etherscan.io/tokentxns?a=0x9b1c1752b6b6eaf62a8c491a8681b32c1f7ecde9&p=1
Anonymous (ID: MF9FulJD) No.61096510
Im gettng srs EOY ATH vibes, easily $100 by January. Just trust the plan, linkfrens! $30? NOPE! $60? NOPE! $120? NOPE NOPE NOPE
YOU WILL NEVER EVER GET MY LINKIES FROM ME EVER
EVER EVER
I WILL KEEP HODLONG WITH MY
COLD
DEAD
DIAMOND
HANDS
FOREVER EVER
HODL THE LINE, MARINES! HODDDDDLLLLLLLLLLLLL!!!
WHERE WE LINK ONE
WE LINK ALL
IN SERGEY WE TRUST
Anonymous (ID: OcFxy1wP) No.61096544
SHWIFT WILL USE CHAINLINK
Anonymous (ID: Un+m6g1m) No.61096630 >>61096687 >>61096740
Has anyone from chainlink addressed the fact that it doesn't make sense if the Reserve is buying 40k tokens a week while millions are being sold on the open market? How does this even make sense at all? Actually makes me feel a little fud after all these years unironically
Anonymous (ID: RaGVE9pC) No.61096687 >>61096720
>>61096630
I'm new to chainlink but its two different things, no?
My understanding is the tokens they are selling are part of their (semi-)schedules dumps ya? The plan was always to offload their tokens to the market over time in part for funding but also in part because for the long term tokenomics its bad for one actor to hold such a large share of the token.
Meanwhile I thought the reserve is just a way of letting institutions buy access to chainlink without directly buying link tokens due to whatever internal rules they have, right?
Anonymous (ID: Un+m6g1m) No.61096720 >>61096765 >>61096768
>>61096687
To your first point, yes. I never bought into the muh token dump fud because 1 billion tokens was always the max supply from Day 1, so them selling tokens on the market was baked into the plan.

However, when they made such a big deal out of the Reserve it would only make sense that they would stop dumping tokens. The Reserve is essentially like a company doing a stock buyback, the links in it are supposed to be taken out of circulation. So its like a company doing tiny amounts of buybacks weekly, while dumping a vastly larger amount quarterly. They are actions directly opposed to each other
Anonymous (ID: 8L7G7bDK) No.61096740 >>61097560
>>61096630
>How does this even make sense at all?
How does it NOT make sense?

CLL is selling locked tokens into the circulating supply: heading towards 1B tokens circulating. That's the goal.
Therefore they have to sell *every* "locked" token they own.
They go from "locked" to "circulating" by actually selling them into the market.

But CLL also wants to own some tokens when the circulating supply gets to 1B.
So they're buying tokens (from the circulating supply) and putting them aside in a pile called "reserve". This does not reduce the amount of circulating tokens, because the "reserve" is composed of circulating tokens.
Anonymous (ID: RaGVE9pC) No.61096765 >>61097560
>>61096720
I guess it look less weird if they directly moved X tokens to the reserve and dumped Y-X token on the market. Instead of dumbing Y and buying X off the market for the reserve. But in practice it makes no difference and I could see the other way causing some weird legal issues where they are buying themselves tokens not in public circulation or something. It seems fine as is to me desu
Anonymous (ID: 8L7G7bDK) No.61096768 >>61096809 >>61097560
>>61096720
>the links in it are supposed to be taken out of circulation
I see your confusion. Tokens in the reserve are in practice "not in circulation" yes, but that usage of the word "circulation" isn't technical. Technically, tokens purchased on the open market for a private "reserve" will always be part of the "circulating supply".

The fact that a certain entity (in this case CLL) holds them and says "I don't plan on selling them anytime soon, trust me bro, I placed them in a wallet labeled reserve" doesn't remove them from the circulating supply.
Anonymous (ID: RaGVE9pC) No.61096809 >>61096941
>>61096768
>and says "I don't plan on selling them anytime soon, trust me bro, I placed them in a wallet labeled reserve"
Do we know what conditions would mean they sell any of it? I am reading through there blogpost at the moment and it sounds like its not planned to be permanently locked up?
Anonymous (ID: 8L7G7bDK) No.61096941
>>61096809
>Do we know what conditions would mean they sell any of it?
I don't think we do. As far as I know, they've chosen not to share that. Which kinda makes sense, because if the reserve grows to a reasonable size, and there were publicly known conditions that triggered changes in the reserve strategy, people could try to front-run, arbitrage, etc., which would probably impact their ability to trade efficiently (to either grow or shrink the reserve).

For what it's worth, it *is* a public address, so at least the amount being held at any given moment is transparent.

>I am reading through there blogpost at the moment and it sounds like its not planned to be permanently locked up?
That's what I understand too: Not planned to be "permanently" locked up, but rather held indefinitely, with a relatively long term horizon in mind (for now. That could change and we wouldn't necessarily know.).
Anonymous (ID: Un+m6g1m) No.61097560 >>61097576 >>61097633 >>61101577
>>61096740
>>61096765
>>61096768
Mental gymnastics. Im a link holder as well but the Reserve is fucking retarded. They say the tokens won't be touched "for several years". So, when they're done dumping the other 300 million tokens they can then start dumping the reserve. Somebody tell me what the fucking point of the Reserve even is, I bought most of my stack on etherdelta btw
Anonymous (ID: QPdlhjOU) No.61097576 >>61097607
>>61097560
I just love how the reserve triggers you faggots so much.
Anonymous (ID: Un+m6g1m) No.61097607 >>61097741
>>61097576
So now im a faggot and im triggered for pointing out that the Reserve doesn't make any sense? Okay thanks for your input faggot
Anonymous (ID: Ngs+AWjq) No.61097622
Somehow it's supposed to be fud that biz's favorite token has insiders in the White House.
Anonymous (ID: xBcNGPj8) No.61097633 >>61097697
>>61097560
The thing is tokens arent just dumped on openmarket, if they were price would be like $5

Its bought OTC
Anonymous (ID: Un+m6g1m) No.61097697 >>61097741 >>61101577
>>61097633
Checked, yes this must be the case and ive never been one to bitch about sergey betray or token dumps over the years. Ive even explained to retards that 1b is the max supply and we should assume all tokens will be in circulation. That was BEFORE we all started simping over this Reserve shit. We must now all admit the reserve doesn't make any fucking sense - the whole bullish point of the reserve in the first place is to improve scarcity of the token. Maybe if the reserve was a burn contract then it makes sense
Anonymous (ID: QPdlhjOU) No.61097741 >>61097787
>>61097607
>>61097697
It makes perfect sense.
PAL is up and generating a sizeable money flow from users to network actors (contract operators, nodes, stakers).
In fact there's so much inflow from users that there's even a surplus right now. Among others because not everything is supported by stakers yet.

So a strategic reserve is built up. Which can serve tons of different purposes.
Chainlink didn't invent the concept, you know.
Anonymous (ID: Un+m6g1m) No.61097787 >>61097856 >>61101577
>>61097741
Dude chainlink already has 300 million tokens in their "reserve" that gets regularly released, they are buying their own tokens back from themselves at a much slowe rate than they're releasing them. They are moving tokens from one reserve to another
Anonymous (ID: QPdlhjOU) No.61097856 >>61097940
>>61097787
>Dude chainlink already has 300 million tokens in their "reserve"
They're getting money from users.
This money is going into PAL.
PAL generates Link tokens as a result.
There's even Link left over, and it has to go somewhere.
Anonymous (ID: Un+m6g1m) No.61097940 >>61097983 >>61101577
>>61097856
If they've got so much money coming in then they can say hey guys we're not going to dilute the circulating supply anymore. That would be more bullish than some reserve we get overhyped updates on every Thursday
Anonymous (ID: QPdlhjOU) No.61097983
>>61097940
>overhyped updates
I knew it, this is all about your triggered fee-fees.
Anonymous (ID: xDZ21iYg) No.61099567
>>61093507
>At this point I'm buying LINK solely because of fudcuck seethe
chads would rather buy LOCK and XMR than invest a penny in link.
Linktards are delusional kek
Anonymous (ID: BZ24VhXl) No.61099581
>>61093027 (OP)
This retard again.
No one that's been around long enough cares about anything you have to say.
Anonymous (ID: 8L7G7bDK) No.61101577 >>61104461 >>61104681
>>61097560
>Somebody tell me what the fucking point of the Reserve even is
The point: the release schedule means we'll get to 1B circulating and no locked tokens in CLL control. If CLL owned 0 link one day, we'd be crying about misaligned incentives. "Why would they care about price now that they don't even own 1 token?". Reserve = a way of them owning tokens beyond the release schedule

>Mental gymnastics
It's a very simple concept. We want CLL to care about the price: Therefore they should own some. They can own some by buying from the market

>>61097697
>BEFORE we all started simping over this Reserve shit. We must now all admit the reserve doesn't make any fucking sense - the whole bullish point of the reserve in the first place is to improve scarcity of the token
Ok, I think I get your point. There's people simping over the reserve, thinking it's bullish, yeah. But they're retards. Nobody with a brain thinks the reserve has any significant short term impact on price. All it does is align incentives for the future, once the 1B unlock is finished. Of course CLL tries to convince everyone that the reserve is the greatest thing that's happened, but that's because a mass audience can't deal with subtlety and nuance. If the marketing team went out there and explained all this in detail, nobody would give a shit about it because all ppl care about is the price RIGHT NOW

>>61097787
>They are moving tokens from one reserve to another
Yes, but key point: they're moving tokens from one reserve that has a fixed selling schedule, into one that they can hold on to (and loan, stake, trade etc) as they see fit. I'm not saying that's bullish. I'm trying to explain why it makes sense for them to do it.

>>61097940
>then they can say hey guys we're not going to dilute the circulating supply anymore. That would be more bullish
Again, maybe bullish in the short term but if they did that, they'd own no tokens, and we'd be concerned about their alignment with token price
Anonymous (ID: FrJ4Ml7c) No.61102094
>>61093027 (OP)
This is a coordinated crash, LINK had to dump at that exact time before they get fucked and the whole crypto market cratered.
Anonymous (ID: iKeEaKB7) No.61102115 >>61102139
>>61093207
lol you're probably talking to the chainlink CMO, he's doing anti fud.
Anonymous (ID: VG02Ttj6) No.61102139
>>61102115
See >>61096395
and stfu
Anonymous (ID: YwxIY07o) No.61102154
oh cool a Chainlink thread, let me just poke my head in and see how the bros are doing...
Anonymous (ID: jBQITlGO) No.61103903 >>61103936 >>61104649
>>61093226
What’s funny is how people insist Chainlink never meant to do a public ICO, yet they’ve had no problem pulling massive value from public markets through Binance which, allegedly (lol), listed LINK without their approval.
No private investor would have thrown hundreds of millions, let alone billions, at a project offering zero revenue sharing.
Only retail would bankroll that kind of setup.

Thanks for playing.
Anonymous (ID: xBcNGPj8) No.61103936 >>61104023 >>61104059
>>61103903
And you have proof that they have been market selling LINK on binance?
Anonymous (ID: mrFyENXp) No.61104023 >>61104134
>>61103936
what are hot wallets anon?
Anonymous (ID: jBQITlGO) No.61104059 >>61104134
>>61103936
bruh, take any wallet https://chain.link/circulating-supply
now I just noticed they've been doing some shit with Hyperliquid on their second wallet, haven't bothered investigating in years.
Anonymous (ID: xBcNGPj8) No.61104134 >>61104192 >>61104292
>>61104023
>>61104059
Yeah about that proof them market selling it...
Anonymous (ID: jBQITlGO) No.61104192
>>61104134
We'll never know for sure since Binance is opaque.

Trust > Truth :)
Anonymous (ID: mrFyENXp) No.61104292
>>61104134
you didn't answer the question
what are hot wallets?
Anonymous (ID: mrFyENXp) No.61104461
>>61101577
>They can own some by buying from the market
they already own a third of the supply, are you serious right now?
>All it does is align incentives for the future, once the 1B unlock is finished
again, they THEY HAVE A FUCKTON OF TOKENS ALREADY
> they're moving tokens from one reserve that has a fixed selling schedule, into one that they can hold on to (and loan, stake, trade etc) as they see fit.
or, hear me out, they can designate a portion out of what they already own, hypothetically let's say 350 million and label them as "incentives for the network, node rewards etc" AS THEY HAD ALREADY DONE IN THE ORIGINAL WP 8 YEARS AGO
what in the fuck am I reading
Anonymous (ID: h3jS9rra) No.61104638
>>61093507
>duuuuuuuuuuuuuuuuuuuuuuuuuuuude i owned random dudes online by losing money


bahahahahahahhahahahahaha


nobody... and i mean NOBODY, takes an absolute c u c k h o l d i n g quite like a link boyscout
and then comes back time and time again, absolutely BEGGING for more


THE Cuckolds of crypto
Anonymous (ID: h3jS9rra) No.61104649 >>61106055
>>61103903
can you really blame them tho

if you had an idea for a startup tech company, and all you had to do was create a research paper, an x account, and powerpoint slides, and in return people give you billions of dollars without you having to sign onto debt or give out equity, would you really say no?

sergey saw this was how the space was going 10 years ago and he was early in the altcoin grift
he's now a billionaire
Anonymous (ID: h3jS9rra) No.61104681 >>61106055
what is this "align incentives" term the advocates keep using?

more meaningless babble

the market realized the "reserve" was nothing other than a token gesture to retarded retail investors. to anyone else, it was a slap in the face

>>61101577
>Yes, but key point: they're moving tokens from one reserve that has a fixed selling schedule, into one that they can hold on to (and loan, stake, trade etc) as they see fit.

lmao bro you realize the "rules" of their reserve are just made up by them right?
they can do whatever the fuck they want with either batch of coins

same with the "fixed" selling schedule. if they really had confidence in their company they would pace sells over the next 20 years, but we all know they desperately need token sale revenue to fund all of the salaries
Anonymous (ID: jBQITlGO) No.61106055
>>61104649
Genius really, best grift to date was the "flip the switch" marketing. It offset dumps by like less than 1% yearly or what?
I think some prematurely creamed themselves.

>>61104681
"land grab" was a good one, except the only land they grabbed was africa and they brought in chainlink X nigg-... cringeposters.

For the reserve I love how they're saying, "we won't be selling short term ;)"
Took a page right out of Ripple's Escrow(tm). Crips should sue for copyright infringement.
Anonymous (ID: roUpMsOS) No.61106366 >>61106416
LINK bullish bull
Anonymous (ID: F1AOp0B+) No.61106371 >>61106416
>>61093027 (OP)
thanks, just bought more link
Anonymous (ID: h3jS9rra) No.61106416 >>61106464
>>61106366
>>61106371
>h h hehh buying moar guysthhhhhhhhhhh


some really creative stuff there

owning le fud by losing all of your money

well folks there's a reason everyone calls them...

THE Cuckolds of crypto
Anonymous (ID: yk/IBX7Z) No.61106464
>>61106416
Adem your days are numbered
Anonymous (ID: pvmnAR9o) No.61108317 >>61108338
Without Chainlink, defi would not exist
Anonymous (ID: pvmnAR9o) No.61108338 >>61108355
>>61108317
What happened:
1. Tariffs (initial event)
2. Failure in USDe pricing source
Notice these are two separate events that happened at the same time.
You cannot call the USDe pricing an oracle, it only gets the prices from Binance. Chainlink's price feeds are made from aggregated prices.
Anonymous (ID: WsLYMDuL) No.61108350
>>61093027 (OP)
Dumping 70 million LINK per year is part of how the project works and it will keep going until 2030.
By then we'll either be incredibly rich, or broke
Anonymous (ID: pvmnAR9o) No.61108355
>>61108338
Chainlink services performed at a superior level. The Chainlink oracles provided data on time even with some of the blockchains having delays in blocks.