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/biz/ - Business & Finance


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10603809 No.10603809 [Reply] [Original]

Do you really think that in the near, or far future, Link will really reach a price above 10$ per token? Because I'm heavily under the impression that it's nothing more than an elaborate scam. I'm holding a somewhat decent amount (~7k) and I'm constantly looking for news that would corroborate the "1000 EOY" meme. What are the main factors that can explain a mooning?

>> No.10603819

>>10603809
lurk moar

>> No.10603827

LINK is one of those tokens that shouldn't be over a dollar, unironically

>> No.10603828

>>10603809
I have no doubt it will hit $10. I'm just hopeful it will be big enough to end up in the $50-$100 range eventually.

>> No.10603835

>>10603809
1K EOY is a retarded meme. $10 to $100 within the next year to five years isn't though. Hitting $15 by EOY next year would be huge.

>> No.10603838

I'm just wanting this shit at 0,20 to buy more, fren

>> No.10603851

>>10603809
I'm looking in the mirror, and the mirror says
$2500 eoy

>> No.10603852

>>10603828
>>10603835
Worst fud I have ever seen

>> No.10603860

>>10603835
You are invested in technology you don't understand, holding out for a mathematically impossible return on that investment, and your primary source of information is anons with giant bags who are going to dump on you for their own amusement.
$1.50 EOY is a bullish prediction. $10-$20 per link by 2021 is a bullish prediction. You will deserve the fate you are dealt if you continue to steep in these deep delusions.

>> No.10603866

$10 eoy is a given

>> No.10603875

>>10603852
My bad, $2500 on 12/12 at 11:11 PM

>> No.10603874
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10603874

>>10603809
>elaborate

>> No.10603894

>>10603866
reminder, kek: LINK $10 eoy only means a non-stop daily +2.60% for 146 consecutive days, kek

>> No.10603913

>>10603894
what a retarded analogy. mainnet v1 alone could easily give a 200-800% gain

>> No.10603922

>>10603860
Its my fourth biggest holding faggot. Try again on someone who is relying on Link to make it instead of someone who just has it as one of his potential moons.

>> No.10603935

>>10603809
>elaborate
not even elaborate scam. If this were any other market it each link would be worth $0.001 at best

>> No.10603950

>>10603828

Literally this. Anyone who's not a poorfag will be a millionaire at 50$-100$. It would take a combination of insanely good news + the next bull market to reach those heights though.

>> No.10604499

>>10603950
I really hope it will happen

>> No.10604575

>>10603809
https://twitter.com/binancier/status/1027010309184057345

>> No.10604613

You brainlets astonish me. For LINK to go 169x (keep in mind this is a valuation of $0.33USD), it would have a market cap of 19 billion and a price of $55.77.

Everyone saying $10 LINK is realistic etc., are you fucking kidding me? XRP had a market cap of $140 billion and IT HAD NOTHING just rumours of bank connections.

HELP US HELP YOU FFS

>> No.10604642

>>10604613
loser

>> No.10604653

>>10604642
>>10603852

Are you shilling or FUD'ing? Pick one

>> No.10604663

>>10604613
>>10604642
>>10604653

If I wasn't clear....I'm saying LINK is super undervalued and can reach crazy heights

>> No.10604693

>>10604613
You’re operating under 4 massive assumptions:
1) Normies will know what link is and know enough about it that it’s attractive
2) another bull run like December will happen
3) Chainlink will actually have exciting partnerships (which is what would bring the normie attention)
4) they will release those partnerships in coordination with the bull run

Should all those stars align then sure, we might see LINK $50+ at that time.

>> No.10604837

>>10604653
learn to read

>> No.10604842

>>10604693

1 & 2. LOL that's not even a point to consider
3. Fair but cmon
4. They can release them whenever it'll trigger a bull

>>10604837
You were shilling now you're FUD'ing

>> No.10604869

>>10604693
Chainlink will create THE BULL. It doesn't need any retarded external triggers like another ETH scamfest.

>> No.10604911

>>10603809
0.05$ is definatly possible

>> No.10604913
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10604913

>>10603852
$342,857 eoy. we've done the sums. it's happening.

>> No.10604940

Link will be at least $5,000 a token somewhere within the next 6-10 years whether you like it or not. If you can't figure that out then consider yourself extremely lucky that people like me, can. Buy it and be patient, or don't, it changes nothing except your own pathetic lives.

>> No.10604975

>>10604940
kys deluded never will

>> No.10605037

>>10604975
I honestly don't feel sorry for you at all. You deserve what will happen for being such an absolute idiot.

>> No.10605117

>>10604940
This! But you all weak hands, sell more your shit. So we can take them. And enjoy them in future. Weak hands don't have any visionary capabilities.

>> No.10605142

>>10605037
I think 5k in ten years is FUD.

My plan is to keep buying. I will start staking as soon as possible, and keep reinvesting into more LINK. I'm hoping that I'll never have to touch my principal and can live off the passive income from staking.

>> No.10605157

>>10605037
5k is to much, fren

>> No.10605240

>>10603875
3875

3+8=11 (11:11)
7+5=12 (12:12)

Damn

>> No.10605289
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10605289

1k eoy

>> No.10605399

>>10604913
Wow. I'll be a billionaire

>> No.10605901

>>10603809
7k? Are you fucking kidding me? 7 fucking thousand link and you say “decent amount” fucking give me a break. I’ve got over 120k link and my average buy in is about 30 cents and you’re worried!!?!!? Get the fuck out of here thinking you’ve got shit on the line and place to worry. If link fails you lose fucking peanuts I lose what you probably make in a year working a mcjob. You’re mentally weak. Fuck off.

>> No.10605928

>>10605901
Everyone's financial situation is not the same you cunt.

>> No.10605932

>>10605901
you tell him ernie

>> No.10605956

Wasn't there a thread about Linkchain theories on here just now? Am I going insane or is this another deleted thread?

>> No.10606086

>>10603950
It doesn't need any good news at all, the token isn't meant for the average normie. It just needs to be useful so that companies can actually use it and drive prices up

>> No.10606089

>>10605956
its everywhere

>> No.10606136

It won't hit $1000 EOY, that's a meme to make people sell early when they give up hope.

It'll hit $5-20 depending on partnerships EOY.

EOY 2019 will be $50-150

EOY 2020 will be $150-400

EOY 2021 will be $400-1000


This assumes Chainlink's network is still the leading oracle network by then and has the partners lined up that people have rumored.

>> No.10606193

>>10606136
>This assumes Chainlink's network is still the leading oracle network by then and has the partners lined up that people have rumored.
This. If all dots connect. $10 is possible. $1000 I’ll sell long before that.

>> No.10606371

>>10605956
>Linkchain
I can't understand if this is fud or not anymore

>> No.10606464

>>10604913
Hahahaha I've found the most delusional linkie. I have 1100 but even I'm not expecting anything about 3-4 eoy. It's literally the only coin I hold but I know it's not a lottery. Heck, even 3 eoy is like a 7-8x from here. It's nearly impossible.

>> No.10606521

>>10603809
Me likey my linkey
So so stinky
1k eoy is fud
$2500 eoy

>> No.10606612
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10606612

>>10604693
You're a faggot and probably retarded

1) Companies will have no choice but to seek the warmth of sirgays belly
2) It will be bigger , due to link , other coins will unironically lose value just because of link and/or FOMO
3) Nice FUD
4) Chainlink is a utility token with limited supply with unlimited applications.DYOR

>> No.10606762

>>10606521
No me hate shitlink
1000 sashimis eoy

>> No.10606782
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10606782

>>10606762
No me love linkies
1000$ eoy *__*

>> No.10606817

>>10606762
Don't believe that posers lies
Me a giant stinky

>> No.10606842

>>10603809
I still have trouble telling if all of you are memeing or if some people actually hold some LINK.

>> No.10606866

>>10606842
>he doesnt know

>> No.10606871

>>10606371
I've been overhauling my sleeping schedule so I'm constantly tired. I meant Chainlink.

>> No.10607040

>>10606842
kek

Maybe dyor

>> No.10607374

>>10605142

I hope the team comes up with a way to stake your tokens without running a node and API data.

>> No.10607475

>>10605901

Asshole anon has a valid point.

>> No.10607659

>>10606842
t. 8K

>> No.10607665

>>10605901
Similar situation. You will find many anons that throw the loudest fits, assuming they aren't running a psyop, are the ones with very little at stake. They panic because deep down they are unsure if they have what it takes to make it.

>> No.10607749

Protip for nervous linklet poorfags:
>get a tradeskill wagekek job
>buy a couple hundred linkies every paycheck
>wait for singularity
If no singularity, you are at least on track to make ~30k/year post taxes after a couple years. not as comfy as the singularity fantasy, but a minimalist neet can turn 30k a year into quite a lot.

>> No.10607792
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10607792

>> No.10607998

>>10605901
pfff... I got 350K link at average of 25cent. 120K link. lmao

>> No.10608028

I think if we masturbate together

>> No.10608064

>>10603809
>decent amount
>linklet by any definition
Lmao

>> No.10608326

>>10606842
Lurk more or even better dyor

>> No.10608327

>>10607475
i dislike you so much

>> No.10608413

still dont understand why biz is obsessed with this shit coin...

>> No.10608421

>>10608413
Meme

>> No.10608440

>>10608413
Biz has a nose
4chan generally has a nose for things
Usually its not very constructive
But they smell something

>> No.10608452

>>10608413
If it doesn't get replaced with a closed source big investment coin this will be a big dealio and even if it gets shit on its a good short for like 4x gain.

>> No.10608476

>>10608440
stop using my name

>> No.10608911

>>10606842
Some of the ppl who fud have 100k + LINK.

>> No.10608992

>>10608452
What this guy is saying. Even if it goes belly up, it will most likely still generate a decent profit or at least be enough to recoup most people's losses IF you go in small.

>> No.10609102

>>10608440
Now this is delusion. Shitlink 1000 satoshi eoy

>>10608476
This

>> No.10609111
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10609111

>> No.10609168
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10609168

>>10608413
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>> No.10609183
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10609183

>> No.10609194

>>10609168
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>> No.10609198

>>10606842
over 120k link here. worst decison of my life. honestly wish i had 10k.

>> No.10609329

$3000 by 2020

>> No.10609760
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10609760

People who expect LINK to go above $0.6EOY are delusional.
Screenshot this

>> No.10610246

I posted this once before and in posting it again now...
This highlights a point that the whole crypto community is missing about smart contracts:

The promise of smart contracts isn't to have deterministic code that transfers ETH, it is to take the promise of blockchain (immutability, unkillability, trustless execution) and apply it to the real world.

In order to do that smart contracts have to work with existing business practices and must be able to show value without a huge hurdle to adoption.

The contract must:

• Execute in the local currency using existing bank accounts

• Have language that is understandable to a legal department, not just coders

• Use existing methods of endorsement to legally trigger the contract

Guess who had the foresight to know ALL of that before ever launching their project?

Chainlink

• Swift partnership which grants exclusive access to banking APIs which can freeze funds, check balances and transfer funds using existing bank accounts in local fiat currencies

• Zeppelin_OS, Reportix and all the other human-language smartcontract front ends partnerships to make Chainlink nodes the default nodes for data and API access for the actual people writing high value contracts in the corporate world.

• Docusign partnership which takes ESTABLISHED digital signature platform which already has legal precedent and is understood to be valid in the business world to use cryptographically secure triggers, linked to each entity, to start contracts.

The only people who could have seen all of these things years in advance would have insider/VC experience and have experience in the smart contract world back when blockchain was a novel concept.

If Chainlink doesn't succeed, smart contracts won't succeed in the foreseeable future. Docusign knows that, Swift knows that, Intel knows that and they all want a piece of the cash cow.

Sergey is a genius.

>> No.10610302

>>10609194
You are a MANIAC

>> No.10610370

>>10610246
It confuses me why people are so oblivious to this....

>> No.10610448

>>10603835
You pulling random numbers out of your asshole is just as retarded as the $1000 eoy memefags

>> No.10610454

>>10610246
Everyone understands this. That’s why I bet most everyone here has bags of 10k+ link. It also sounds to good to be true at the same time and the risk is high too.

>> No.10610491

>>10610454
I unironically hope /biz/ holds onto most of the circulating supply and fucks everyone else over

>> No.10610506

>>10610448
Thanks for adding to the thread.

>> No.10610624

>>10610246
This kills the filthy nolinker

>> No.10610664

>>10610491
I’m selling at $5.

t. 100k+ link

>> No.10610698

One question for the future: once the moonshot hits, how are we actually going to convert the Link into FIAT? I`m using Binance and I don`t think it would be comfy to first convert everything to Bullcoin via an unsafe connection and then convert everything to FIAT. What are the chances of Binance allowing the direct purchase of Link with FIAT in the near future?

>> No.10610757

What's the easiest way to purchase / accumulate Link? I'm so tired of doing the coinbase to binance dance.