Considering that $LINK is still almost purely prospective for retail investors, and that its utility is focused entirely on providing enterprise solutions to global banks and biz adopting #DLT and Smart Contracts. We'll continue to be subject to these #Bitcoin dumps and volatility until adoption reaches a critical mass. $LINK won't truly begin its endless rise to valhalla, until institutions like #SWIFT and the #DTCC ramp up their usage of the tech they've been building for #CCIP over the last decade. Being impatient and petulant about this time table is a waste of time and energy. Giant corporations and banks do NOT move quickly. They get it 100% right on the first implementation of new tech. It takes massive efforts from both regulatory and executory sides of the isle. If you aren't able to grasp the magnitude of what @Chainlink is doing? I could definitely understand why you'd be frustrated with the current price of the token and length of their ascension. I'd recommend checking your ego and taking a second to consider that you are almost certainly not smarter or more informed than people like Eric Schmidt, Ari Jules, or the thousands of highly paid banking and crypto teams that have decided to invest years of development into @Chainlink So sit back, stack more, and literally stop caring.
Ok... so I got the new Coinbase Credit card. I earn up to 4% $BTC back on purchases, and I can pay the balance with USDC.
This is basically it. I'm gonna use this card for literally all my purchases. Then I'm going to use my $LINK staking rewards to pay off the balance. No USD.
Billions of dollars in leverage wiped out. Stops hunted. This is why we stack and stake.
I'm in a few small trades on $LINK... but I got in at $11 dollars so my stops are safe.
Huge wick to the supertrend level and now we're fighting back above weekly mid band? Send it.
The truth? Supply and demand. Still a lot of tokens. Still not that much demand in terms of enterprise banking scale. Retail has nothing to do with / wants nothing to do with $LINK.
Staking pool is basically full 100% of the time. So if you're not in? What's the point. You could hold some other token that might get you way faster returns and is more exciting than "global banking interoperability infrastructure"
My conspiracy theory is that the banks and financial industry that is currently adopting and integrating blockchain tech in a complete vertical integration of all their systems... WANTS the price of $LINK to remain "low" until they've positioned themselves in their ideal way. They do OTC trades with CLL, and make sure that they have everything set up before they turn up the volume of transactions and CCIP fees.
Retail will only react once $LINK price is out of reach. As is the case with literally every investment opportunity of all time. Smart money see's the opportunity, buys and holds and waits. Dumb money chases the latest hype thing.
The truth? Supply and demand. Still a lot of tokens. Still not that much demand in terms of enterprise banking scale. Retail has nothing to do with / wants nothing to do with $LINK.
Staking pool is basically full 100% of the time. So if you're not in? What's the point. You could hold some other token that might get you way faster returns and is more exciting than "global banking interoperability infrastructure"
My conspiracy theory is that the banks and financial industry that is currently adopting and integrating blockchain tech in a complete vertical integration of all their systems... WANTS the price of $LINK to remain "low" until they've positioned themselves in their ideal way. They do OTC trades with CLL, and make sure that they have everything set up before they turn up the volume of transactions and CCIP fees.
Retail will only react once $LINK price is out of reach. As is the case with literally every investment opportunity of all time. Smart money see's the opportunity, buys and holds and waits. Dumb money chases the latest hype thing.
gm $LINK frens. Nice little battle at this mid band on the daily. Also talked about that supertrend level being resistance and it looks to be holding true.
Boring times. Still subject to BTC volatility. Securitize code spotted? #smortcon comin
XRPpatriot123: Here's why XRP actually won the hackathon...
**starts playing 2015 clips of Garlinghouse and showing cropped images of 3rd world remittance pamphlets**
gm $LINK frens. These are the levels that stand out to me as pretty obvious on the weekly chart.
I'm just staking and stacking while we wait for #smartcon and #sibos. Massive levels of adoption will continue as normal.
gm $LINK frens. Bolly bands always a my favorite indicator. That mid band will almost certainly be tested on the weekly chart. #sibos is happening. #smartcon is happening. Retail uninvolved as usual.
Chainlink Smart Value Recapture (SVR) just broke its old record of $165K recaptured in a single transaction with this one of $191K! (ETH USD value at time of tx)
This value will flow into the Payment Abstraction Layer, be converted into LINK, and shipped into the Reserve.