Chainlink price feed revenue dropped to almost zero this June and stays like this to this day...

thank you for the answer anon
this is bad news indeed, but to be fair these fees had no direct effect on the market price to begin with

i'm still like 2x on my initial investment but not gonna lie, i did expect to get more out of a 1.5yr hold

we all did anon such is the risk of investing
well at least eth is also shitting the bed, so it isnt like we lost too hard against the 'safe' option

Honestly it's becoming so surreal I don't even know whether to take this seriously or not.
That post from CuckGod was absolute clowning, I honestly wonder if he believe all this bullshit himself.

That said, I'm absolutely amazed at the MKUltra tier mindfucking Anon Babble has done IRL.
This guy really thought he was on top of his game parroting 2017 Anon Babble talking points while never attributing.
Now that the well has dried up he can't copy paste anymore and has to make his own takes, which are absolutely horrible.
From a Anon Babble slave, to Sergey's cock sleave slapping his cheeks if he gets out of line, amazing.

he can't do anything right

well at least eth is also shitting the bed, so it isnt like we lost too hard against the 'safe' option

i use AVAX price as a reference since it shares the same price trajectory with LINK and the project is also about RWA
would consider selling if AVAX decouples

the team owe you niggers nothing

I honestly wonder if he believe all this bullshit himself

no he doesnt he only believes in the next paycheck
check his latests twats he admits that eth is his biggest bag
and you forgot to mention he gained so much weight and physically deteriorated for one so young
while ruining his career forever now he is know as the face cuck for bringing sergeys bad news
all the other people at cll in the devs team got a massive resume boost, but this clown lol he'll end badly for fucking up his life so young
but dont get me wrong he deserves everything thats going to happen to him for thinking he could monetize Anon Babble takes without understanding the game played

good point avax would also be a fair comparison and even dare link does underperform somewhat but its pretty similar thusfar

no shit
its not like i feel entitled enough to demand something from CL, i'm just sick of the price chart to the point when no reasonable pump can make me feel better about my investment decision

Whatever happened to Arbitrum using Chainlink as gas? Just another lie spread by the CLL

another fair observation of the problems with chainlink and nobody has an answer.
this is why chainlink needs new advocates.
the reality of chainlink's performance isn't changing anytime soon if at all. the narrative around chainlink can change though if you get a couple of smart enough guys working on it who can turn negatives into positives, making holes look like exploration, making mountains look like higher launchpads. This current group think it's a good idea telling us low fees and low usage after several years is a land grab. That get them addicted and charge them later line worked years back but it doesn't make sense now because it doesn't tally with what Sergey has been saying for the last few years and what has been happening.
you can't lose blackrock to wormhole and then say landgrab. and since losing to blackrock all the messages just seem so sad.
standard standard standard. stop lying because everybody has stopped buying. get new advocates to get control of the narrative and turn the sentiment positive so the price can go up on a speculative, because the reality isn't changing anytime soon and pretty soon after missing the bull run they will start the old link is a bear market coin thing again.

That never existed outside of the schizo 7 degrees of separation copium from anons here. You've have endless examples where people have decided some reference to smart contracts or using the color blue means chainlink. Wells fargo, tesla, coca cola distribution, that one burmese government thing etc etc etc. It's just boring.

well over 30k twitter posts

fudding since 2021

kek it smells funny in here? brownies?

i know you're just fudding, but let's be real – land grab tactics won't be a problem if it was their plan from the beginning.

What we have instead is a product becoming virtually free to use 3 years after its launch. Although, as i mentioned earlier, these fees weren't affecting the market price anyway, this move by CL still raises questions regarding their timeline and short/midterm goals, which the team conveniently don't communicate to public.

Before that moment one could assume that the price suppression coming from CL is just a byproduct of them selling tokens for funding, but now it looks more like their goal is to fuck holders in ass deliberately.

I think (hope) they expected the market to be a lot more substantial by now than it is and hoped to be profitable. Obviously things haven't changed much and CCIP/feeds are bringing in what a delivery driver job would. I guess they're afraid if they start to charge the market will say fuck off and use the dirt cheap less reliable alternative services, because if they get exploited they can just put out a twitter post apologizing and continue as they were.

The more pessimistic take is that all along the business was selling tokens like most crypto 'projects'. I genuinely don't think that was the case. They and we, just really need the markets to change soon. Otherwise they're going to dump all their tokens and either fail or do some nightmare scenario token change.

Otherwise they're going to dump all their tokens and either fail or do some nightmare scenario token change.

i don't think it is possible for them to deviate from the token inflation they communicated back in 2022.
There's still 380mil uncirculated tokens that they can sell to fund the project, which at its current market evaluation would be a budget of 4bil for the next 3.5 years. Given their size and lack of retail marketing it is more than enough.

So unless LINK goes below $1 i don't see them going for selling tokens ahead of the schedule. Layoffs and shilling to retail are more likely if the price stays above ~$3.

the betrayal was real

the token inflation they communicated back in 2022

You mean 2017

So unless LINK goes below $1 i don't see them going for selling tokens ahead of the schedule. Layoffs and shilling to retail are more likely if the price stays above ~$3.

*also, i'm not saying that the price can realistically tank down to these numbers, what i'm saying is that they have a giant price buffer between the current LINK price and the point where they have to actively work to survive. Therefore they act and will continue to act like fucking assholes towards retail and it pisses me off immensely.

The 300m for funding is basically exhausted. They've just started blurring wording around the 350m that was for node operators/staking.

i wasn't sure that they kept the inflation rates from the whitepaper by the time they started to sell tokens. Last time i heard an official statement from the about the inflation rate was 2022.

wtf
seems like i have to read the whitepaper after all these years

leave that to the experts chud. just make sure you take your NWO vaccines and buy Chainlink brand SmartCon merch ok

They've just started blurring wording around the 350m that was for node operators/staking.

Just?
For years now, Chainlink has been receiving payments from users for the tokens they pay to nodes.
That means the same tokens are being used for funding CLL and for incentivizing nodes at the same time.

it isnt about making money

well, not for token customers anyway

Pool's closed

It's been 8 years and this cursed shitcoin is going to miss another bullrun while the cult copes about it.
Fuck you Anon Babble for ever shilling this utter piece of dogshit.

Competition is much tougher on price feeds and it will become even stronger with Uniswap V4.
Chainlink had near monopoly between 2018 and 2021, they should have released permissionless nodes and staking, instead they went decided to make this gay pseudo decentralized LARP.

He's paid to do damage control, of course he doesn't believe the bullshit he says. I mean he maybe does superficially but deep down he knows.
What is he going to do though? His entire personality and career is LINK, he literally spent his formative years whiteknighting some fat fuck on Twitter and getting clowned on by anon here.
I wouldn't be surprised if he decided to end it if LINK doesn't even touch ATH this run (very possible).

how hilarious is it that having "advocates" is actually a thing ahahahahahahahah

duuuuuuuuuuuuuuuuuuuuuuude amazon, google, etc

oh ya kid? did they have to hire obese losers to advertise their stock for free? fucking faggots

i feel bad for all the kids here who got scammed and are now stuck mentally in the cult

poor kids

Adem Kayser everybody! Lets give him a big round of applause.

Lmao Chainlink is slow expensive dinosaur tech at this point.
If you were to need an oracle for your Blockchain project in 2024 you would most likely use Pyth or Supra Labs

the fuck are you babbling about kid

there is no need for new "advocates" hahahaha this isnt fucking politics

they need to have an actual product that makes money and customers that will pay for it

that's how business works kid... it really isnt more complicated than that

but no one the team can sell because they are all ugly gross losers

i'd much rather do business with wormhole guys as they come across relatable and normal, and so would the banks, and that's what you're seeing now and what you'll continue to see

its hilarious watching all you losers here scratch your head on why no one wants to buy vaporware from some russian scam artist and his army of oddly arrogant autists

i say oddly bc its mindblowing the attitude the link cult gives off. none of you fags even get laid but you have some online persona like you're the man

get fucked you faggots... it's great watching this fall apart in slow motion

negative kid, but that dude lives in your head 24/7

to put it in other words, you actually get mad at a made up twitter guy

and you track another mans beat off habits HAHHAHAHAHAHAH what a fucking faggot

no wonder why you never get laid, kid

the majority of the subsidization was always to account for the ridiculously high eth gas fees
eth fixed itself out of that now so the price to run the chainlink networth also goes down which means the premine either last way longer or the team is accumulating the difference in a warchest
they can fuck us over without damage to them, but still dont get why their communication is such a mess, its being found out anyways the few hours days it takes doesnt give them any advantage so why not be a real company and at least say what you are doing

this is a complete joke pyth isnt used by anyone even on its own scam chain soÿlana
if they have to resort to inventing fake metrics to show their market share lol