/biz/ - Business & Finance

LINK is BY FAR the worst asset of the bull run
>hold, team dumping on your head every month, lose
>can’t even participate in the defi that it propels:
>put link in aave, get liquidated
>put link in bancor, lose 50% because their IL protection is a scam that just prints BNT and causes more IL for everyone
>stake on Celsius, get rugged

stinkies, when will they learn?

it truly is the worst asset of the bullrun and /biz/ is in large part responsible for it all

so I missed the bottom, my buy order at $5.0 didn't fill. Are we going back down? Or should I place my orders at $5.5?

Staking changes everything. Big players will start leeching off the yield and start shilling, word of mouth will amplify. This is the beginning of the retail marketing and awareness phase. Luna was 20% based on thin air, this is 5% based on fee capture from the entire defi economy and will keep growing organically. People will start understanding why oracles are critical. It's gonna be insane and I'm so excited for you kids.

Where do they get their money for their day to day operations? Will they be able to survive the bear market?

TerraLuna collapsed due to an app on its network, Achor, creating a vulnerability by promising a 20% return which was eventually exploited.
Could the same thing happen to Chainlink where an app on the CL network serves as a trojan horse which will lead to Chainlink's demise?

Why are all the big wallets selling?

Why are almost all LINK Marines also anti-vaxxer conspiracy theorists?

What is it that draws conspiracy theorists towards LINK?

Thinking about taking a $50k 7 year at 5.5% interest loan and putting it all in chainlink. I can easily pay the ~$700 payments via my job. What say you biz?

>Pumps
>Dumps Harder
>Crab
>Repeat

My short just got filled. Here we go!

I just found out about Chainlink. My god, this is the greatest opportunity in the world and the short-sighted autists here are too impatient to wait a few years. It really makes me sad actually and lose faith in humanity, why can we not be content with what we have? Why do you we always turn into greedy pieces of garbage even when given the ticket to infinite abundance? This world needs some deep level ayahuasca healing

I'm starting to think it might be overvalued. I'm concerned bros

>doesn't pump like other alts
>dumps harder than other alts
What the fuck is wrong with this thing?

Here is the hard truth about Chainlink. Everything is priced in already. OCR, staking, DECO etc. Everyone knows what the future of chainlink holds, which is why it hasn't been performing as well as other projects. An announcement of these things will not change the price that much. The whole point of speculation is betting on the unknown, which is why projects like Polkadot, Cardano, UNI etc. has performed way better than chainlink. It's because speculation can take place and people's imagination and anticipation of the unknown carries prices very high. As we advance into the bull market, prices start to multiply on speculation. There is no more speculation on chainlink. It's fairly priced now, and everyone knows what is coming. Play the unknown game in these markets and you will be rewarded. Holding chainlink is no longer the best option in a bull market if you want to maximize profits.

give me one good reason i should continue to hold this shit

You can’t win.

Anyone who bought it before $1 was a genius

Anyone who bought it at $5 was a midwit

Anyone who bought it above $10 was a retard

No larp or fud or some saturn bullshit. Whats is this going to look like next 2-4 years?

Can it really reach $1,000 eoy?

Time is flat cube

Seriously

WORST PURCHASE IN THIS BULL

BUY AT $33
4 DAYS IN ~$33!
NO PROFITS!

Realistically, will Link ever be $1,000? Who would buy them at that price, that's like $100 per data request. Seems unlikely.