/biz/ - Business & Finance

>Went 25x short from $9.5k to $8k
>Went 50k long from $7.8k to $8.8k
>Went 10x short again today from $8.6k to $8.2k
>Went 10x long again today from $8.3k to $8.7k

You wouldn't even fucking believe me if I told you how many BTC I've made these last couple of days.

Only minus was that my ETH was bleeding harder than all the alts I sold.

>>7012920
>Most people in crypto lose money
Still can't believe it, but would explain alot

>>7005546
Already in since 16 cents

Fucking Theta.

>$140M marketcap
>Sony institutional investor
>Samsung institutional investor
>Youtube co-founder as advisor
>Twitch co-founder as advisor

Should be an easy 100x by EOY.

>>6875422
When LINK hits $50, I'll cash out half, buy a lambo with a fraction of my wealth, record a video of me wearing a Sergey mask and using a sledge hammer to smash a lambo.

All for you no-linkers.

>>6695185
I'm done accumulating. 100k LINK was my goal.

Feels sort of weird not having to spend 8 hours a day talking about backpacking in Polynesia, nail salons, meth heads and Json Parsers.

>>6671065
>bought 7k at 2k sats
>started trading these easy as fuck to read swings
>have 13k DBC now
>mfw people try to make me feel bad about buying into this coin

>>6667941
When mainnet launches, LINK will work on BTC, ETH and Hyperledger. If you don't know what Hyperledger is, it's big business' version of Ethereum. They want to utilize smartcontracts, just not through Ethereum.

Now here's the kicker. Unlike Ethereum, LINKs very functionality allows for the smartcontracts to be trustless, which means they can't replace LINK with their own oracles. Without the decentralization of oracles, the smartcontracts become useless. Then the contracts might as well stay on their current systems.

Now, who's the members of Hyperledger?

SWIFT, for one. And to name a few others;
>Accenture
>Airbus
>American Express
>J.P. Morgan
>Cisco
>Intel

I'm already all-in with $110k.

Sold everything 2 days ago anticipating this.

Now I'm scooping up as much cheap LINK, REQ and ETH as possible.

>27
>Risk analyst (not financial. the terrorism kind) + $95k/year
>$230k folio
>$480k apartment (debt free, thx ethereum), $30k savings account for emergency expenses
>Yes
>Yes, but will be happier when I never have to work again. I'm counting on you, Sergey

Deleted my folio when I was down $80k in less than 5 hours.

Could feel my hands getting weaker. Luckily I didn't sell.

45k
38%

Every fiber of my being wants to go all-in, but I simply can't risk it on the offchance that Sergey dies in a plane crash or some other trivial detail fucks with the project.

So I've got a plan B and C as well. I anticipate that LINK will pull through, but if it doesn't, plan B and C will have to do.

Unironically LINK.

Granted at least two or three banks/insurance companies announces plans to utilize smartcontracts through LINK. And with PSD2 coming right at LINKs mainnet launch, it's looking extremely likely.

>>6318856
Same strategy Ethereum always went with. Anti-hype with sole focus on product rather than price.

https://venturebeat.com/2018/01/06/with-cryptocurrency-buy-the-substance-sell-the-hype/

>>6266951
>2006-2011: /b/
>2011-2016: /pol/
>2016-2018: /pol/, /fit/, /biz/

Take care of your bodies, you fat fucks.

>>6242222
checked and keked

>>6222797
>dead cat bounce
>"HOLY SHIT, THE KING IS BACK!!!"

i knew bitcucks were desperate, but holy shit...

>>6211906
Yes.

Reminder that ChainLink will revolutionize the derivative market by allowing them to utilize smartcontracts.

Reminder that the global derivative market is estimated to be worth between $630 Trillion and $1.2 Quadrillion.

>mfw a whale is literally playing with UFR right now

Pumps to 2.70, dips to 1.80, pumps to 2.90, dumps to 2

Easiest money i've ever made and it's still going to the moon after this

>>6104735
there are no exits on the gains train

But I'm only down $500 since yesterday on my $140k portfolio.

That's what holding LINK does.

https://venturebeat.com/2018/01/06/with-cryptocurrency-buy-the-substance-sell-the-hype/

>Perhaps my favorite example of anti-hype is ChainLink, which was dragged kicking and screaming to a $300 million market cap. They have among the most devoted fans in all of cryptocurrency (called “Marines”), a revered founder in Sergey Nazarov, and substantive tech that solves an important platform problem. Yet look at their wasteland of a Twitter account. Or read any of their (rare) interviews, which equivocate and qualify with nary a scent of showmanship. In an age where the hype companies throw a parade over the smallest (questionable) partnerships, ChainLink barely touts its work with freaking SWIFT.

>Why should founders take the anti-hype route? Well, for one, you can still grow very big in the short term, but you’ll also better weather crashes long-term. When a crash does come (I’m looking at you, Tether), the projects left standing will be the ones with the highest percentage of true believers and the lowest percentage of fly-by-night speculators.