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/biz/ - Business & Finance


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10470843 No.10470843 [Reply] [Original]

According to my timeline there won't be much time for Chainlink to dump a lot. Of course there will be ups and downs but I'm talking 30% or more.

August will be the month of the ETF speculation which is going on right now but when the 10th rolls around I think there will be a lot of price action for BTC. Then probably a massive news P&D if there is news. If not, BTC will shit itself a little and go to 7k. If there is nothing happening with LINK in that time I think it will generally suffer and go down sub 0.30$ as all altcoins lose attention and BTC speculation is at its maximum.

In late August speculation about the mainnet will start though and it will get bigger and bigger by the day as September approaches. September has been a key time-span in /biz/ sperg speculation and detective work on github etc... I believe this will pump LINK quite a bit as believing daytraders will consolidate their sats and reallocate a huge portion into LINK. During September the price will rise and depending on the news (mainnet or more waiting) we'll have really volatile but generally upward momentum. (1/2)

>> No.10470847

Can't really say much about post-September as it really depends on the progress and the news about the mainnet. Remember though, in the meantime anything could happen. Partnerships could pop up out of nowhere, first marketing moves could be deployed and of course random whale action could pump or dump it as there's always that risk too.

Provided no random news/announcements/crypto hassle, this is my game plan:
I believe the best entry (of course best case was 17-20 cents the last couple of days) from now on will be during the coming 2-3 weeks as the focus will shift to Bitcoin and the ETF decisions. Even if there isn't a decision, speculation and the reaction to a decision/non-decision will shake up the market. I aim for a 0.23-0.25$ bottom in this time-frame that was kind of established between the time of the new website release and the Accord news.

What are your thoughts and/or plans?

>> No.10470861
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10470861

$1000 EOY

>> No.10470874
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10470874

>>10470861
This isn't up for debate but I'm talking pre-EOY.

>> No.10470885
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10470885

>>10470843
Everything shows that it will be around $7-$12 when the first surge happens. If it really works with api fed contract we can realistically be looking at $35-$40 within the next 6 months. As is required, this is not financial advice and you should always consult with a professional as investing is risky and you can lose money.

>> No.10470897

I think it will hover around what it is for a few weeks, maybe drop back to $0.30. A lot of it still depends on Bitcoin, and it it dumps it will likely bring all alts with it, at least to some degree. But I have a feeling there'll be more LINK news in late August or by the end of September. Also there's a big Bitcoin ETF decision on September 21 (though it could be delayed again) which could affect BTC price.

>> No.10470903

My plans are to keep holding the same LINK I've held since the start of October and not fixating on every tiny price movement like it matters.

>> No.10470923

>>10470897
It's only 33 right, you think it'll only drop back 3 cents?

>> No.10470957

>>10470843
Tbh don’t try to haggle for price. The team is unpredictable and so are partnership announcements (like we saw with Accord yesterday). DCAing and holding is the best option.

I think we’ll see $5-10 EOY if everything goes well. Bitcoin should have completely bottomed by the end of December, so that’s when we’ll likely see consistent gains again.

I’ve heard from a few “”””””””inside sources”””””””” to expect $150+ by EOY 2019 and a big partnership announcement in September (I’m guessing salesforce or docusign but who knows). Everything will reveal itself in due time. I’m planning on leaving 4chan for the month of August, I think it’s the healthiest option in the midst of this FUD shitstorm

>> No.10470978

>>10470957
God I fucking hate the "partnerships" meme.

>> No.10470984

>>10470957
Interesting. Yeah it shouldn't be that important, in the end the gains will be huge no matter what but I just want to make the best of the money I will have in that period.

>> No.10470997

>>10470957
>and a big partnership announcement in September
september 2019?

>> No.10471021

>>10470885
Where do you base that on?

>> No.10471032

1K EOY

>> No.10471058

>>10470903
As I said, I'm not here for talks about what kind of vacation I am going to be able to afford in December, I'm just concerned with how to invest the money I will have during that time period. There's a good chance that Chainlink won't be a good opportunity around September anymore. Then we have to look for other prodigy projects.

>> No.10471088

>>10470885
so fucking deluded and you have the audacity to put a financial disclaimer lmao

can you even comprehend the market cap required and normie fomo for such prices?

even $3 is the most optimistic sceanrio

>> No.10471214

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.10471270

>>10471088
Look I'm not a potty training professional but I think I can get you to stop shitting on the street by EOY 2020.

>> No.10471305

Just put a few thousands in right now and come back in 5 years. You people are obsessing over week to week progress of having blind faith in our lord, what's wrong with you? They're actually a solid team, it's not a short term pump and dump coin, they're the bridge between crypto and traditional banking. It WILL go to 1000. Just be patient.

>> No.10471591

$1000 by the end of the year, this is common knowledge. We are already future rich, we just have to wait for the future to come to us.

>> No.10471804

$1000 eoy

>> No.10471833

>>10471214
$100 eoy

>> No.10471851

>>10471214
amen

>>10471833
check'd

>> No.10472010

>>10471214
You're a MANIAC

>> No.10472116
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10472116

>>10470843

>Implying they won't release the ETF news a couple weeks before LINK mainnet.
>Implying the financial industry cares more about bitcoin than LINK
>Implying you are using your brain

>> No.10472126

$1000 eoy

>> No.10472344

I haven't been on /biz/ for over half a year. I come back and the LINK meme's haven't died yet.

>> No.10472448
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10472448

>>10472344
1000 EOY fren, didn't you hear?

>> No.10472452

>>10472344
>yet
they are literally never going to die and will be spammed until the price is no less than $1,000

>> No.10472457

38$ EOY

Hope 20k is enough to make it :(

>> No.10472471

>>10471270
>Look I'm not a potty training professional
I thought we all wanted to make it, get certified today anon

>> No.10472502

>>10472452
Sigh, guess it's going to be $999 EOY then

>> No.10472860

>>10472010
Dude...so are YOU!

>> No.10472867

Now is the exit point for you bagholders. Don't be stupid.

>> No.10472868

>>10470843
daily reminder that as of now, you would (((only))) need a daily non-stop +2.19% for 156 consecutive days in a row for LINK to reach $10 eoy, kek

>> No.10472901

>>10472860
this is pasta newfag, some link shills just spam shit for fun. get lost to whatever board u came from

>> No.10472910

>>10472868
>because that's how mooning works

>> No.10472915

>>10471270
I lolled

>> No.10472927

>>10472910
that's how mooning works, are you new?kek

>> No.10472931

>>10472901
>he doesn't know

>> No.10472978
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10472978

buying link for any price under $1 is a deal for you first time buyers now is the time to purchase LINK.

you missed it at .17
you missed it at .19
you missed it at .21
you missed it at .25

dont miss out while its still cheap were going to .50 within the next few weeks

>> No.10473000

>>10472978
Just wait till monday. The accord news is yet to hit normie media.

>> No.10473012
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10473012

>>10470843

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>> No.10473036

>>10473000
this. once normalfags realize Accord is working together with IBM and LINK is the solution they're using we're going above 50c.

>> No.10473043

>>10473000
Checked.

This.

I've bought up and down since post ICO, seen the trend that happens on an annual cycle, we'll reach .75 in a month and I predict a huge pump past $1 afterwards. We are never seeing .20 cents again within the next few weeks

>> No.10473058

>>10473036
Normalfags have never even heard of Accord. And 99% of Link holdersnever heard of it up until 24 hours ago

>> No.10473061

>>10473012
BTFO wall of text boomer

>> No.10473114

>>10473058
43.5% of statistics are made up on the spot