/biz/ - Business & Finance

>500k house 200k equity/300k mortgage
>100k student loan
>200k 401k index funds
>50k stonks
>900k link/xmr

I should be selling some crypto right? Put it into what?

>>18919286
>>18919221
wtf? Then why the fuck are we dumping?

>>18827207
When do you think link will be in $150-200?

Please 42. Show us your wisdom

How profitable linkpool stacking is?

How do you foresee staking working for Chainlink? Similar to XTZ where it just kind of does it automatically?
How will it effect the price of the token?
Is a company like Microsoft going to scoop up millions of tokens, leading to scarcity and a rise in price?

>>16335706
>>16335680
>>16335549
>>16335540
You still there?
Didn't you want me back in the thread?

Btw I just market sold 100k Links just now. Thank you for making me come back to my senses.

I can’t say much but we’re still so incredibly and unbelievably early. Congratulations biz

Newfag here. I don't know what staking is. You said it will make the supply of LINK decrease? How does that work? Did similar thing happen to Bitcoin and Ethereum? If so, what were their original supply?

So link has hundreds of teams to bootstrap the ecosystem as the standard. This is core to "seeing" the overall plan - which I agree with. However I have had doubts lately. If so many teams are involved and so many different groups surely they would be buying link for themselves on the side? Or do these people not realise what they are implementing and purely see it from the perspective of "we are using link as our oracle *implement code* and we are now done" without seeing the bigger picture and understanding the perspective ecosystem?

Friendly LINK TA anon here.

Since the end of July we've seen a solid reversal to the bullish side after the dump, with our first higher high the first week of August and now with 2 higher lows confirming the bullish pattern.

Sell-side volume dried up pretty significantly and the last few days we started to see higher buy volume come in, bringing the price ever closer to a new high for the pattern (my guess - web3 & NEO rumor pumps)

Today the entire crypto market took an enormous shit, and so we did not hit that new pattern high but we did see excellent support at a higher low where we are now. This also tightened up the bull pennant nicely - chart appears to be winding up for a pretty solid swing to the $2.75-$3.00 range.

That being said, LINK, like everything else, is at the mercy of the market somewhat. If the market continues to shit the bed we could see the pattern break, dumping back to around $2 or so, but the support here & the recent activity of LINK price rising in contrast to BTC's dropping price leads me to believe it's unlikely we'll go much lower than where we are now without a very sudden and dramatic market drop.

Essentially: Buy now and you'll be very happy unless the crypto market goes boom again in which case it doesn't really matter what you're in so fuck it.

Fundamentally, we've seen a number of new partnerships forming, we have a couple of big rumors floating around with reasonable evidence to back them, and we have Web3 and a couple of other conferences coming up. This will likely bring further notoriety to LINK.

I'm anticipating a price of $4.50-$6 by EOY based off of current knowns.