Expectation in 2017 for 2024:>3 fig price, lots of usagereality:>$1700 in fees daily after a 3 year hyped feature with 500 employees to pay fat wages and give vested tokens toXswap is basically most the usage... and is made by chainlink founders.They literally had to build Transporter to get people to use it and nobody is.All serious projects are suffering this... the only difference is Chainlink heavily scaled and spent anticipating a market that doesnt exist lol.Enterprise adoption flopped, and at best is going dramatically slower than they anticipated... the fall back for Crypto native market also flopped because the market dropped all pretences now and is straight up memes and gambling to the point even VCs are setting up meme coins.A meme coin wont use CCIP or give a fuck about cross chain as it wont exist in 3 months anymore.You have Chainlink spending god knows how much running around interviewing banks and enterprises to try force fit themselves into whatever these banks might build later that might be DLT compatible. As said, all serious projects are suffering the same thing now... It is just only Chainlink that HEAVILY invested into scaling for a market that doesnt exist and now needs gargantuan funding to keep operations going... guess were that comes from? Then guess who they are competing with as loads of long time holders slowly move on selling 5-10% here and there.
I am not necessarily disappointed in Chainlink.They made essentially the same mistake I made since investing in early 2018.That mistake?Expecting more from Crypto and the market and the potentials from this tech.Unfortunately, it has degenerated into pure gambling and is more centralized than ever. People give less of a fuck than in 2017 by far.Eth even still has basically no real usage at all.I am not dissapointed and let down by Chainlink. I am disappointed and let down by crypto itself. I am writing off LINK for any significant gains at least relative to original expectations. maybe 70k sats will be reached one final time.... however thats largely just writing off all crypto. i'm not exactly looking for greener pastures in crypto as its full degen now.... however by extension chainlink is a failure simply due to the ecosystem it exists in not giving a fuck about being more than a temporary dog far scam.... with the gamblers themselves not expecting any more than that.
The whole market needs a giant fucking crash, im talking 99% down on the majority of alts.As long as its easier to scam people and make memecoins rather than legitimate projects, crypto will never take off
>>58448794The market needs to be unprofitable for one bull cycle while link eats the entire lunch in order to reset properly
>>58448771Your other thread about "CCIP is dying" is still up, fudbro: >>58443713Exact same talking points too>muh xswap>muh all of crypto is scams
>>58448802that isnt me. i did make a thread yesterday though, this one >>58447298.I developed my thoughts a little more since and can articulate it better.I think you should take a hard look at yourself and thinking towards crypto. its not weird at all for multiple people to start coming to similar opinions over the past 7 years with LINK.>>58448794>>58448801This is actually an interesting take and i would be inclined to agree with this. Things have got absolutely out of control. in 2017, alts were actually trying to be useful even if they almost all ended up vapourware once it seemed difficult or they got too rich too fast. People would not invest in fartcoins like now. hell the biggest disgrace back then were just mild as fuck by todays standard. like Verge. Verge seems like a serious useful project by todays standards.2021 was a decline. doge set a prescient, but Defi summer before it was food coin scams but they were still actually presenting themselves as something serious, just the meme starting.2021 took it to another level though, and serious projects did underperform bar a few VC backed ones.now? full capitulation to casino gambling. there is absolutely no pretence anymore. Everyone knows it. they go straight for the memes, and that is that. the devs, the investors etc all know it and dont expect more than getting out before the rug. its not serious and not expected. being a serious coin is actually a mark against it and a red flag for investing now unless its an AI coin(which nobody expects any actual development from). VCs are literally making meme coins now.I would say something about the internet and investing becoming easily available to third worlders being something to do with this, but i cannot confirm it either way. LINK simply invested and scaled heavily for the opposite of this, and is getting fucked harder than other serious coins also getting fucked due to it.
lastly...I personally think its a bit stupid to expect LINK or any serious project to actually perform in this market considering the direction it has gone. If we get some mass bloodbath where alts severely under-perform especially memes, and BTC goes way under expectations(i'm expecting about 120k-140k peak, but lets say it peaks at like 90k or something), this could indeed be a fundamental reset and LINK may be able to actually perform if it shifts back to usage.That said, look at Eth. what has it achieved in all this time with REAL adoption? it exists on inertia at this point at rank 2. With LINK, there are even more headwinds. its down massively over years now, especially in sats. thats long enough for OGS to start moving on, selling 10% of their stack here and there. You also have Chainlink who scaled too hard for a market which didn't happen needing to sell to keep afloat. Its going to be very hard to come anywhere close to even half the old ATH against BTC especially as OGs sell on the way up more than they might have years ago.
>>58448818>that isnt me.lolAnd even if it isn't, it's the exact same thread topic, so go ahead and delete this one real quick.And learn how to use the catalog.
>>58448835I think is quite funny how people were screaming "the email verification will expose how all the fud is just paid and psyops, and after the discussion will be normal"Well? it did exactly that. except the normal discussion is threads like these because these are the views and topics regarding LINK that normal sane long term holders or not have.Just because you dont like it doesnt make your niche, minority and borderline delusional views not so. These kind of threads are actually the sensible, no nonsense frank discussions you were expecting. just not the delusional gushing and unrealistically positive crap you thought they would be.
>>58448840You can discuss this all you want, we just don't need two threads about the exact same topic. That's called thread splitting.This board has a catalog for a reason, use it.
>>58448844>its bad and thread splitting when it isn't WTF was that spam or material i like
Pic very much related
>>58448773so I went to a sirgay talk recently a few weeks ago, was left honestly bullishsirgay was the most grounded hes been + finally I got to see some new slides. but what you are saying about expecting more from crypto is 100% on the dot. he even said he thinks without TradFi utilizing the blockchain / crypto in general, cryptos total market cap could only reach max like $10T. But he was saying in his view and from the discussions hes been having with various entities like Swift (he mentioned again hes been working with them for over 7 years) as well as he mentioned a Swift alternative but im forgetting its name. Maybe it was Nium? Anyways he showed a bunch of different bank adoption examples such as the ANZ Bank Carbon credit blockchain system and how they are testing out the CCIP infra using that atm before expanding to other mechanisms as well as a few others.He actually also specifically said that in the past when he would talk to banks/institutions, he wouldn't really be talking to the right folk. But nowadays these banks have Digital Asset teams / managers etc and so his whole point was these folk are motivated to get things adopted and implemented since there is pressure from higher up. And if they dont, their jobs are on the line.All in all i still think its a ways away adoption wise but i did leave the talk fairly optimistic and bullish. he said every year he says its the year, but then they reach november and he says okay maybe next year is the year kek. he feels confident though they own the infra/plumbing stack though for the future of finance>t. 2017 50k link oldfag
>>58449219ill prob cross post this in the other thread / also realized my autistic ass forgot to finish some sentences that I thought out in my head kekmeant to say he said Swift is all in on this
>>58448771Orsvx
>>58449222cross post here >>58449235
>>58449219I'm sorry I read your entire post and I can't understand what exactly made you feel bullish, could you elaborate a bit? cause all you really said was that Sergey expects tradfi adoption, like he always does
>>58449307was afk - i did a poor job writing it all up desutl;dr basically sergey was saying they are seeing adoption albeit bank processes and what not are making it slow + regulatory clarity is making banks a bit more slow than usualhowever they are still proceeding with getting things in place so that when the clarity exists which they expect it will, they can move full steam aheadhis point was he thought it would be a lot sooner than it has been, and it might take a bit longer than we expected, but its on the horizon nonetheless. but when it does happen, itll increase the potential market size for crypto by many many multiples over its potential ceiling today. he showed 3 diff ongoing POCs, the one i remember the best is the ANZ one which has shown promising resultsif i remember more ill share more in a bit - other people were taking pictures of the slides and him presenting and i kind of regret not doing so myself just so i didnt have to rely so much on memory kek
>>58448801it front ran the bull run before it can do it again
>>58448771>Enterprise adoption flopped, and at best is going dramatically slower than they anticipatedWhat if this isn't true?
>>58449854It is true. You people need to stop living in your weird fucking subjective delusions and conspiracy.I dont know what it is, it is a problem with 4chan in general and by extension a lot of LINK holders.it's particularly these INTP types. You faggots are so impractical and just cannot do pragmatism, and when this gets out of control you get dumb ass takes like this. It's never what IS with you people its always what IF. taken to the extreme, and you get weird cultist bagholding behaviour.
>>58451139https://www.youtube.com/watch?v=rZK__sWFTUUYou can complain about the speed but Enterprise adoption is in no way a flop. They're more excited for blockchain tech than ever.
>>58448844imagine being a hall monitor for a dead forum>>58449219>sirgay was the most grounded hes beenglad he's been able to stay cool after grifting $500M for himself from gullible investors while producing nothing. Whew...>>58449219>he even said he thinks without TradFi utilizing the blockchain / crypto in general, cryptos total market cap could only reach max like $10T.ahhh... another number he's pulled right out of his ass. >>58449219>He actually also specifically said that in the past when he would talk to banks/institutions, he wouldn't really be talking to the right folkgreat to know he wasted years shilling the bank janitor all the while promising his investors things were imminent. What a piece of shit...>he said every year he says its the year, but then they reach november and he says okay maybe next year is the year kekso he admits he has no clue and you come away thinking it's bullish
>>58449766>tl;dr basically sergey was saying they are seeing adoption albeit bank processes and what not are making it slow + regulatory clarity is making banks a bit more slow than usualwhat did he man "more than usual"? When have banking regulations ever moved fast>however they are still proceeding with getting things in place so that when the clarity exists which they expect it will, they can move full steam aheadWOW they're doing more PLANNING!!! Thank god to know they'll have PLAN "ready to go" as soon as the world banking system updates their laws. Should be "soon" right? >other people were taking pictures of the slidesyeah nothing more fun that taking pictures of a powerpoint slide... huge miss there
>>58448771$0.00281 per dollar moved. What happens when they start moving trillions of dollars? CCIP daily fees are only $1700 and the token is around $13.50. Does the price move up or down from here?
apucoin, under 150k mc, get merch for holding
>>58452037Unironically, downThe team designed the coin for dumps only
