/biz/ - Business & Finance

if BTC was $500k.
In fact, i think 70k sats is very optimistic for peak bullrun.
I've held since early 2018 and realised this is not what we wanted or expected and long accepted it.
The vast majority of price action is long behind it.
This is both due to management of the token, and factors out of control for Sergey like the market itself(VCs, and the move to memes and things getting more casino like with no facade over time).
The irony here is the last part means LINK is just less relevant. We had been assuming CCIP was going to take a cut of the meme rush, but the fact is it is more casino like over time. These meme coins dont give a fuck about being on whatever chains. its literally a 1-10 weeks long event for any given token and they are done, and everyone knows this.

So now it is depending on "institutional usage". sure, we have a long established SWIFT collaboration, and it looks like there will be some enterprise adoption - however its looking so desperate with Chainlink labs now running around spending god knows how much to meet central banks and whatever to just ask the questions and such so they can try force fit Chainlink into what they may build. They really have materially very little, and at best it is still like 10 years early.

There is little point investing in anything crypto any more. its meme gambling or BTC. all the serious projects are having he same outcome as LINK - so at least it is not unique to LINK.

>>19939302
RDN is pretty low right now and the brainbot team is top notch. Arguably one of the most professional teams in this space and a great github with lots of activity.

The token is used to pay the auxiliary services like pathfinding, so that layusers won't have to run full nodes. Arguably the best L2 scaling solution on the market, the fact that BTC LN doesn't have a token and incentivizing cooperation makes it less likely to succeed. I can unironically see RDN becoming the defacto bitcoin LN once people start paying in WBTC and just settling on chain once in a blue moon. Literally Satoshi's vision brought to you by a team Vitalik hates. Which is actually a good thing, remember Vitalik also hates LINK

Full disclosure RDN is half my portfolio. I believe the amount needed for staking is just 11k, but I'm a trader and not a staker so don't take my word for it.

>>19612975
That'll never happen, obviously, but REQ should provide bigger percentage gains from now in comparisson to LINK. Could conceivably do a 5-10x and reach a price close to 1000sats. I see LINK making a 2x at most for the same timeframe

>>18628658
>>18628410
>>18628739
>>18628126
I am unable to fully explain this condition, but i have the ability to share feelings of others as if they are my own. I rarely feel jealousy or envy from strangers, nor do i feel happy at another persons misfortune.

If i see someone sad i feel sad if i see someone happy i feel happy.

Needless to say these posts, regardless of their truth, have brought me immense pleasure. You will all make it anons. We will all make it. Together.

I miss /biz/ being a chainlink bagholder support group...

>>17396066
the blessed image has been corrupted

we will make it

FRENS
R
E
N
S

ABSOLUTELY
NEVER
EVER
EVER
SELLING

You guys shouldn't be dismissive of your fellow linkies, I thought linkmarines and shit was the meme

>>16498555
checked

>pic related, is a meme I made back in the day to show which were the best bags

I bought LINK at a range of 1800 to 5000 satoshis, then tried to swing it... with REQ. So basically, if you can imagine a piece of shit sinking to the bottom of the ocean far beside the three happy and wealthy labradoodles, that's me

>>15478722
How big do you think this will realistically be? This wageslaving has taken a toll on me.

Fuck it, I just sold about 13% of my stack (what I had on binance) and set up a limit order at $1.53. If it goes that low I'll make a few hundred link, if it doesn't I'm taking profits and recouping my initial investment. I'm tired of having what's essentially imaginary money and gaining nothing from it.
Google and coinbase really fucked us on the slow and steady gains we were having.

>>14909542
It's too slow for mass, or even enterprise, adoption and 2nd layer scaling is a meme
>>14909552
My shitcoins continue to outperform BTC.
>>14909556
>he hasn't made at least 6 figures from crypto
Ah, so it's the newfags that are BTC maxis

Best one for two years straight

>>14507690
>Hopium: The board
fixed

SCHLOP SCHLOP SCHLOP
I was never around for the origin of this ripe meme, yet I still find it funny, context?

How's it feel i'm about to buy 36k Link and I've never even heard of this stupid Sergey guy. Yawn. Being rich is easy.

>>14382985
/biz/ will make you too focused on money
/pol/ will make you bitter and delusional on the world around you because you spend more time being a NEET brainwashed by groupthink than you actually do talking to people
make it a hobby to talk to one new person a week outside 4chan to gain some insight in the world and it will make you a happier person. It's not as shitty out there as you think it is, and the world's not out to get you

what the actual fuck :D
yes, I had to make an emoji now. this is so absurd