/biz/ - Business & Finance

>>20388776
>swinging in a parabolic price discovery

There has been about a 28% retracement from the ATH of $4.50 (I'm not counting the wicks to $5 on coinbase). You're probably confused because $2.41 / $4.50 = .53 which looks like a 47% loss. But you need to take this with some perspective. Look at this image. This tracks LINK's market cap, dominance, rank, and performance relative to other alts since May. The performance is calculated by the change in LINK dominance over the specified period, divided by the change in total altcoin dominance over the same period. Here are some facts:

>LINK has crawled from Rank 42 to Rank 16/17 in 2.5 months and has been holding strong in that position for 3 weeks. It has lost just one, maybe two ranks since its ATH
>LINK dominance has tripled during the same time frame. LINK dominance has retraced only about 30% from its high of 0.46%.
>Link, as measured by total market dominance, has been outperforming other alts by a wide margin over most time frames in the past 2.5 months
>LINK's dominance over the TOTAL 2.5 months has outperformed other altcoins by a factor of 4.24 to date, which is ONLY -28% from its ATH on June 29
>LINK's relative performance to other alts did not really change at all after the 0xdad wallet dumps began
>LINK's relative performance to to other alts has only dipped about -10% since the 0xdad wallet dumps intensified

Ya'll posting in a bait thread

Mainnet
McDonalds, mainnet
Mainnet
McDonalds, mainnet
Rep the stink
Gotta rep the stink
Chase a dip
Never sell a LINK
Pants off
Fuck it, pants off
Pants off
Fuck it, pants off

>>13121044
I know I'm preaching to the choir here, but I can't shake that feeling. It's just pure vertigo. Contemplating the far-reaching implications of self-executing legal agreements connected to the real world data and how this will fundamentally affect every single industry and business practice at the core level. Whether we're talking about Papua New Guinea or Pizza Hut. Notions like trust, law, escrow, agreements will be impacted forever. Not only connecting inputs but also triggering outputs. We're talking about the next generation of crypto products all relying on it, but also the next Uber and Airbnb business models, with the added layers of IoT and robotics... The monetization of the new oil. The blockchain agnosticisim. The backend integrations, the white labels. Not only the connectivity and data value and industrial and philosophical ramifications, but also the security involved, the sheer vision of it all. The magical coincidences of PS2D, the open API initiatives. The first mover advantage, the community ecosystem already being built with solid foundations, competition already bending over. The derivatives market prospective alone should be enough to make you go all in, and it's only a fraction of what's to come. And all of this happening in complete silence, in the loudest market. What were the odds? I just feel dizzy. Seeing it all shaping up, hidden in plain sight. Yet at the same time, feeling like going crazy because nobody else but us is seeing it. But I've seen enough concrete evidence to know I'm anything but crazy. Congrats on this, guys. Seriously.

https://www.youtube.com/watch?v=1MHKPUudDTA

the reason why i are now even more confident in link is that of the smugness and confidence of Sergey in his latest presentations.

50k marine.

>>11689445
nice try frendo, but we ait going under 7.5k sats :D

Daily reminder that we're one day closer to main net than we were yesterday.

>>11669054
traders like him won't sell for $1000 anon, they'll end up selling at $10 and retire forever on a yacht filled with lambos

>>11666533
Nice dubs.

>>11664856
What I find funny in the post of OP is the "new Chainlink investors!"

kek, implying new investor who found out about chainlink on forbes, come here in this dolphin cum trading forum to discuss their investment.

>>11665466

Daily reminder that every single day is a day closer to main net and a day closer to widespread adoption of the decentralized oracle network known as ChainLink.

>>11665501
>>11661680