/biz/ - Business & Finance

>disbelief

you mean denial. all over crypto Twitter too. those fuckers are BULLISH

$500k EOY confirmed

>>13237251
>Depression and disbelief
Lmfao wrong this place is still filled with bulltards like you

>>13237251
tradingview link?

Former bull here, we're in a bulltrap and will dump hard soon. Time to become a bear

>>13237321

>>13237251
desperation
desperation
desperation

>>13237321
Same. When all the retards leftover from last bull market came out of hiding on April 2, I knew we’re in for a long winter

>look, Mom! I redrew the lines again!

>>13237332
We didnt have bobo memes here above 6k. Bottom is in.

Former bear here, we're in a beartrap and will pump hard soon. Time to become a bull

former bull here
1k eoy

>>13237346
yeah those nasty, nasty 50-100 people that came to celebrate a good day and laugh at beartard bottom shorters that got liquidated. Im sure though after your long, long winter those 50-100 same people wont come celebrating again.

>>13237251

>>13237251
The bulls are back in town

>>13237454
either way it won't go down much from here, pretty comfy spot to go all in

>>13237408
Keep celebrating your memelines retard

It's over bear queers.

>>13237501
that's log scale and in relation we can dip to below $2k if we follow that pattern. that's why i'm saying careful with the predictions. because if we drop to $2k almost nobody will see it as a little correction but soon back to business.

>>13237357
so I should put in my entire life savings right now? I've got nothing to lose at this point, my life is already a joke

>>13237588
Buying now would be consistent with your life story of being a joke, so yes.

We might see 4.2 to 3.2 again but longer term we're going back the fuck up niggers

>>13237605
you think? i'm not sure, i mean we held on for a few days which is kinda bullish, but a shittons of people predicted this event ending at $2k or below.

20 DEC 2017
Start of the bear market
MARCH 2019
Start of the bull market... or start of the ultrabear from 5k to 1k?

>>13237972
We have no reason to bull besides memelines and prophecies, so yeah ultrabear or simply crab

>>13237998
So WHAT, WHAT exactly is the reason to be in a bear market now you full time mongoloid?

You have to be either a retarded normie or new to crypto to think it's going down and staying down.

>>13237278
>thinking that a Mongolian Deel weaving board reflects the general sentiment of the market

Bears come out of hibernation in the Spring
Did you retards not notice how we are 2 weeks into spring..?
>pic related

>>13238051

Imagine being this delusional

>>13238011
Let’s see
>ico bubble
>china ban
>no etf
>no good news in the immediate future to look forward to
>no scaling yet
Everyone has learned their lesson except ta bulltards. You have nothing except memelines and imaginary demand from halving

>>13238137
>the virgin fundamental analysis vs the chad technical analysis

>>13237251
we are here not there faggot

>>13238168
The virgin tea leaf vs balanced chad of fa and ta

>>13238137
why is disagreement with bear faggotry immediately associated with bull retardation. it's not black and white you faggots. there. are many people who are crab market proponents

>>13238178
your chart is off next rampup starts in september latest and we will see $10k before the halving.

>>13238213
I’m for midway between crab and bear

>>13238225
you are assuming that this cycle will be equal to or shorter than the last one. why, because of muh halving?

>>13238178
> volume line goes straight through giant green dildo
Keep stirring those tea leaves.

>>13238252
halving cycles and the valuation curve are the only truly reliable patterns long term.

>>13238252

>>13238271
>>13238273
YOU. SHOULD. NOT. RELY. 100%. ON. THE. PAST.

>>13238297
there is nothing else to rely on.
if you don't learn from the past you are doomed to repeat all the mistakes over and over. there is always some variation of course always off rhythm but not that much if you zoom out.

>>13237588
Stop.
Don’t do it. The market is volatile. Yes it seems likes it’s bottomed out at roughly 5k, but I would only ONLY buy during a guaranteed bear run. Yes, you could potentially miss a cycle, and it could take a while, but it’s way better than being another person killing the self for getting in during a questionable time just cause some quick growth happened.

>>13238252
I swear it’s like these bulltards’ lives depends on BTC to moon or something and conveniently ignore anything negative.

>>13238271
>>13238273
a halving isn't going to make the entire concept of actual supply and demand obsolete. when we are talking about halvings we are just talking about the decrease in inflation, not to mention that each one is less effective than the last. this shit isnt going to keep going up forever just because of the halvings.

>>13238321
Yes there is lol. This’ll sound sarcastic but really use your common sense. Who in their right mind with shitton of money are dumb enough to buy into this dead market right now? The only people buying now are those relying 100% on memelines and questionable halving patterns, most likey bots. If your life depends so much on BTC mooning, you need to go do something else

>>13238340
halving is not about change in actual supply it's about hype attention and speculation. the price will rise because everyone expects it to rise. self fulfilling prophecy.
>this shit isnt going to keep going up forever
actually it was specifically designed to

>>13238370
>The only people buying now
are the ones that learned their lessons from the past this shit will hit $100k not long from now. and within 5 years it will hit $1mil. it will be a real roller-coaster of course.

>>13238374
God you need to wake the fuck up back to reality... We’re all permabulls here but some of you have such shit timing due to your delusional desperate nature.

>>13238370
>who in their right mind
>$100m+ buy order a couple days ago
people a lot smarter than you lmao

>>13238386
You’ve been warned to use common sense along with ta and whatever other tools. Good luck

>>13238393
Be my guest in playing into a chink whale’s hand

>>13238374
sure it has a lot to do with hype but you can only hype the same catalyst so many times before it becomes expected and priced in ahead of time by the masses (notice how many people are talking about the halving and posting moon charts revolving around it?)

>>13238393
the 100 mil was obviously a short squeeze

>>13238410
this

>>13238340
This is like the most level-headed optimistic projection

>>13238399
ta is bullshit simple as that people keep pushing lines as they fit their agenda. common sense is more reliable there is an asset (coin) that is 300 times more scarce than gold (oz) produced so far and while golds rate of production increases exponentially, and it's total supply is practically infinite, bitcoins supply is finite and hard capped and designed to be increasingly more scarce. btc will be either gone or $350k not long in the future.

>>13238459
less supply does not equal more demand. there are plenty of stocks and other assets with a fixed supply that dont go up forever because demand doesnt increase forever.

>golds total supply is infinite

wut

>>13238419
>but you can only hype the same catalyst so many times before it becomes expected and priced in ahead of time by the masses
yeah eventually btc will barely deviate from it's valuation curve. and you will have to hold it for decades to make any money. but by that time it will be well past dollar sat parity.

>>13238493
there is practically infinite supply of gold in the universe. it's basically the feces of stars. and earth is especially rich in it. the total amount of gold on planet earth could cover the entire surface close to a meter thick.

>>13238493
Any thoughts on LN or other scaling solutions? Is it all a pipe dream or for real?

>>13238410
>>13238419
two more bears with raped buttholes. what a jolly fine day.
have you heard? US will go on with another round of QE
god you soys will be raped so hard, shorts squeezed, btk going to 20k+ and im gonna laugh so hard

>>13238514
The fuck is btk. You mean BTC? How did you fuck that up

>>13238497
>dollar sat parity

you think btc is going to be worth $100,000,000,000 a piece? come on man

>>13238507
meme coins are the feces of the internet and i cant even wipe my ass with them

>>13238510
im not too concerned with the network, people will still buy the shit regardless

>>13238514
shhhhhhhhh adults are talking

>>13238493
>because demand doesnt increase forever.
We have a strong basis to say that there is still significant user adoption to come (demand). The best way to mathematically model the user adoption (# of wallets) versus time is with a sigmoid growth curve. It is clear there is still some ways to go before we plateau. Next post I will provide facebook's user adoption curve, and you will see the similarities, facebook's penetration in the market has begun to come to a halt.

Why is this important? Because there are theories out there that relate networked value with user adoption. Bitcoin has shown to be well-fit by this model (pic related). When we consider the diminishing supply, and institutional awareness, it is a no-brainer that BTC is an easy buy today. The relation with time follows the same power-law relation (>>13238271), and so does supply / stock-to-flow. Most likely because user adoption & supply are both essentially functions of time.

>>13238549
$100,000,000***

(100m satoshis in 1 btc)

>>13238553

>>13238555
eventually
nice trips!

>>13238567
MAU = Monthly Active Users

Attached is the revenue vs time curves for facebook. Keep in mind, this is a linear-linear plot. If we were to log the y-axis (revenue), we would produce the same shape as (>>13238271), namely a power-law relation.

>>13238340

The more expensive BTC is the more halving will matter. At this point every halving has been more effective than the last one.

>>13238553
Yeah but you can’t really rely on your power law to call the bottom can you

BTC went up 20% but litecoin got doubled. What do you think? Is it worth it to invest in LTC now?

>>13238553
ok so in order for this formula to work, the number of btc users needs to keep increasing at a steady rate instead of plateauing or slowing down (let alone decreasing). if you were to have run this same formula during the last cycle, it would have had a higher trajectory, correct? (green line in pic related) so really since the growth cycles are getting longer it would be flattening out more each cycle (red line).

>>13238567
>>13238584
why facebook? why not myspace? friendster? number of people that buy and hold gold? seems like comparing an internet meme coin to one of the most widely used websites ever is a bit hopeful no?

>>13238631
I never said it could. Finding the bottom is a giant meme at the end of the day, just buy in 2019, its basically buying the dip.

>>13238692

>>13238631
you sure can't you can only call the fair valuation line and notice how btc positions itself in regard to tops bottoms and halving prices.
see >>13238271
btc roughly positions in the middle of previous top and following bottom at halving then breaks up after a dip. there is every chance this time will do so also. that is why i don't believe in multi year bear market theory. we will be back to $6k by september and begin to ramp up.

>>13238696
Agreed but eaiser said then done. I feel like a cuck DCAing into a blackhole. I’d feel better starting DCA next year.

>>13238692
>internet meme coin
you mean the only one trustless permissionless publicly auditable ledger that is secure to date? yeah, some random fucking websites are no comparison. bitcoin is unique in it's properties. it1s adoption nonexistent as of yet. we are below 0.1% adoption worldwide. we are not even innovators that shit is yet to come. al it needs for the financial elite to fuck up for the world finances to get a nice shake. that's all bitcoin needs to moon beyond belief. even localized crisis is capable of kicking the demand up greatly just imagine a world wide trouble!

>muh mathmatical models
Just buy low and sell high you dummy's.

>>13238692
The model is fit to the various bitcoin variables (price, supply, # of wallets), it isn't as simple as it looks. However, I did not do the analysis, therefore I cannot comment. The point here is that there is a correlation with price and # of users.

Read up on Metacalfe's law, its specifically for networked technologies. Examples include: phone system, social networks. Key word, networks. Regardig those social networks that died off, I would need to see the data to truly asses. For all we know, the data fits quite well. I just happen to have data for facebook+tencent.

The attached image is a different study. They modeled BTC price and # of users, took that model (red curve), and compared it against the actual price (black curve) by inputting the actual data for # of users.

>>13238419
listen here fagboy
you actually think im going to read all that text nigger.
HUH you think so bucko?
I am never going to stop buying Bticoin (BTC) ever
E V E R
There is not one string of text that can convince me other wise
I A M N O TO FU C K ING SE LL I NGgood shit go౦ԁ sHit thats some good shit right th ererightthere f i do ƽaү so my self 100 i say so 100 thats what im talking about right there right there (chorus: ʳᶦᵍʰᵗ ᵗʰᵉʳᵉ) mMMMMᎷM100HO0OଠOOOOOOଠଠOoooᵒᵒᵒᵒᵒᵒᵒᵒᵒ100Good shit

>>13238794
that is surprising to me it means that speculation and manipulation has a lot less to do with price than i thought previously even short term.

>>13238807
Someone forgot to take meds this morning

>>13238807
this post gave me aids

you can't deny the data

>>13238419
except literally noone trusts the pump and either waits on the sides or doesn't even care.

No normies = no fees = no money
"bull" = normies
and for normies "bull" is after price reaches $20k again.

>>13237251
so we'll hit your blue meme line, then hit your green meme line again before hitting your red meme line?

>>13238546
BTK was a serial killer who got caught due to his ignorance about technology, much like how people who are ignorant about technology will get fucked during the next BTC run

>>13238844
I don’t know what you’re trying to say that hasn’t already been said here >>13238340

>>13238807

>>13238872
Yikes

>>13238844
This lines up with hash rate and difficulty (that's basically where this data comes from, minus supply), I suppose it helps to identify bottoms.

Who did this? Must of been difficult to consolidate all that historical block times into one chart.

>>13237251
>>13237454
>>13238178
>>13238271
>>13238273
>>13238340
>>13238553
>>13238567
>>13238584
>>13238692
>>13238794
>>13238844

The traditional pattern that BTC has been following would lead you to believe that it would continue the same trend and we wouldn't have another bull market until 2020-2021. However, that was before all of these Wall Street assholes got involved in crypto in 2017-2018. We could see BTC manipulated up much faster than we think because of this outside force on the market.

>>13239036
>santa is real

>>13238692
>>13238874
Ok you two dumbfucks. i guess youre both new to crypto. but this time only ill tell you how things run here nowadays. this market is now more than ever controlled by chinese whales who have so fucking much money that they could buy all the bitcones at 100k if they wanted. you on the other hand are just some retarded sheeple who think that your little trendlines or ta matter at all. of course youll win some trades but then at some point they will buttfuck you and take your money. they paint the charts as they see fit for you soys. they will pump the market. they will dump the market. they have accumulated massively otc and they dont know where to put all of their china money. now think again scrubs if you keep calling bottoms or 1.5k, 2.5k whatever. best is just to shut the fuck up so you dont look like the idiots that you are and accumulate if you are given the chance. you can either ride with them or you can keep on pretending to know wtf this market is going to do, which you obviously dont. godspeed and you are welcome. this time.

>>13238824
Speculation and manipulation kick it off with movements in either direction. Evens out to obey the laws. Just how it is. Accept it start buying and follow the guide

posting this again, because this is what's really happening, don't get caught out by the whales dropping bags on you.
we could also be going to 7-8k rather than 5800, the higher we go the longer the bear will last
watch the news for total fomo articles in mainstream media, that will be the major sell signal
literally zero chance bear market is over

>>13238507
Shit on phone in bed.
Someone do the math.
Volume of earth radius +1m minus volume of earth. How much % that is what the earth should be made out of gold

>>13239118
>hoping it'll bottom at the price you sold
Sorry boomer, you better go back to r/buttcoin

>>13238807
I miss that copypasta

>>13239118
I know that this is a clown chart, but the second bullrun peaked at $1,200, not $1,163

>>13239166
ok good luck then

imo 7.7k top in 3 months
lets wait and see

>>13238419
I bet you know all about the art of the squeeze since you got BTFO on one

We bottomed and anyone trying to LARP about a 2k test is fucking retarded. Even if it goes to 2k, just don't be a fucking retard and instead start scaling in, so you leave yourself the flexibility to add more at 2k if we get there.

>>13239082
Source? Appreciate it

>>13239243
top depends on what chart and exchange you look at smartypants

>>13239118
>this literal retard actually thinks we'll do a 95% drawdown peak to trough

We've already replicated the 2014 bear market in both length and peak to trough drawdown. You're foolish if you think it's just gonna keep going down

>>13239274
was the run up the same?
NO
why would the retrace be the same?

>>13239321
You're right, the runup was much bigger in 2013. We shouldn't have come down as hard as we did in 2018.

>>13239274
You forgot the bull market was much longer in the current cycle, implying your analysis is moot. Only time will tell anyways, the data suggests the cycles are getting longer, lets see how this third one plays out

>>13239270
wow you are a 100% certified retard get out and never return

>>13239353
meanwhile the 2014/15 analog has basically held 1:1 all year. Really makes you think

mfw retards think TA doesnt apply, lmao

>>13239321
lmao this is so obvious, but in all of the bearchart TA I've never seen it mentioned

>>13239335
We are referring to time, not price.

>>13239373
pic related

>>13239399
Trump is going to win again in 2020, better start preparing your tantrum now

>>13237251
Former bull here. Not going to lie it's been fun watching shorters crash and burn. But in all seriousness we can't let sminem push BTC above the 150MA

>>13239360
t. does ta on cmc

>>13239165
>How much % that is what the earth should be made out of gold
earth is massive we are not talking about percents here but ten-thousandth of a percent.

ok you "shorter cycle because of halving faggots." you retards are expecting something like this correct?

>>13239959
whereas i am expecting this version because the cycles are clearly getting longer

>>13239969
You might be playing the game wrong

Is bitcoin going bull or bear? I need a simple answer

>>13239959
this is much more likely yes

>>13239993
did you just screencap your own comment from the thread we are already in

>>13240009
so you think the halvings will take precedent over the increasing cycle lengths based on what? just the hype behind them?

>>13240032
>increasing cycle lengths
i'm not sure there is such a thing mtgox may have been a serious outlier.
but we will see.

>>13240045
dont worry im sure we will have our own black swan event this time around

>>13238838
>24 posts by this ID
lol

>>13239969
Why are you such an attention whore

>>13240032
That’s not my comment. I was just curious to hear your response

>>13239959
>>13239969
Like many other conclusions we have drawn on this data set, when the third cycle actually plays out, we can see if our assumptions and thoughts were correct (3rd and final data point required to reach consensus). There is a possibility that the timing of the bull and bear markets in relation the previous and next halvings is not significant, implying we are incorrectly drawing this conclusion from the data only because this current cycles bull market went on much longer than the previous cycle. I personally agree that cycles are longer, it makes sense. However, I am curious to see how the next 414 days go.

>>13238178
>>13238340
>>13238419
>>13239959
>>13239969
Is this the guy who got blown out shorting the pump TWICE like a week ago? And told everyone else to short too?
Credibility: zero.

>>13240054
yeah but there is also the possibility that once bitcoin crosses over the $100 billion market cap with confidence sec will approve the etfs and by chance pension funds moving into it with a few % cause btc to hit $1million much sooner than normally expected.

>>13240079
Is this suppose to be a comparison to how the final capitulation event will look? Looks similar, but that is a 24h period? Very short

>>13240098
that was my long lost twin brother caps lock fag. im the much cooler brother.

>>13240105
i think the news of an etf approval would be a nice pump but the time it would take for people to actually start putting a % of money into btc on a large scale could take a while

>>13239036

>The traditional pattern that BTC has been following would lead you to believe that it would continue the same trend and we wouldn't have another bull market until 2020-2021. However, that was before all of these Wall Street assholes got involved in crypto in 2017-2018. We could see BTC manipulated DOWN much faster than we think because of this outside force on the market.

See what i did there?

>>13237251
>I originally thought we would go below 3000 but it won't happen.

>I thought BTC would be predictable
>I believed randoms on the internet
>I thought I could predict the future
Pathetic.

>>13240130
why are you still posting ? I told you to shut up with the bear talk
the more bearish the talk the most likely it is to see btc pump again, bears need to shut the fuck up and let the bulls be bulltard if you want the price to dump

>>13240187
there will be a pump anyhow to liquidate the remaining bobos then a dump because everybody needs to get fucked. the exchange jews and the bitmex nigger will spread the love around. good news is if you can resist trading it will be alright.

>>13240187
>biz influences price of anything

>>13239969
>the cycles are clearly getting longer


This makes sense from various standpoints, including the simple notion that any market with more money in it, and more regulations upon it, tends to clog up and become "slower" in general - BUT, OTOH we could see the opposite situation, where the now much higher awareness leads to too much pressure and anxiety around the bottom and a shorter cycle this time as people daren't wait for such a long major accumulation period.

We have two main previous cycles, and kind of only one regular one really. Too few data points to say they are getting longer. Looking at certain individual shitcoin cycles gives us quite a few examples where predicted cycles shifted in time or duration and caught people out.

I think it's slightly more likely that your scenario is correct, but I also wouldn't be surprised to see a shorter cycle this time, followed by a much longer next one.

>>13240228
>>13239082

>>13240202
you'll be surprised what this place can do
hiveminde is powerful

>>13240263
I wouldn’t even trust this hive of 150 broke neets and retards to pump my basketball

I love the smell of faggots getting bull trapped. We are going to bart down so fucking hard. There's nothing to be bullish about. Inside players continue to manipulate, wash trade and know exactly when to liquidate margins. This market is a sham and nothing about that has changed.

>>13240362
>imagine the smell

Exactly.

>>13240392
this idiot sold right after the trend reversed

>>13240362
Sham or not it's going up up up

>>13237563
Why would we dip below $2k? Prices simply wouldn't stay near those levels for more than a minute would they? People all across the board have been saying if it drops near $2k they are buying a nice chunk. I as well would scoop up some.

Bottom was clearly 15 December

>>13240287
>I wouldn’t even trust this hive of 150 broke neets and retards to pump my basketball
Honestly I wouldn't either

>>13237588
Put only half in and dont use leverage or margin in case it drops to 2k. If we hit 8k put the other half in and sit tight until 2021.

Pretty simple to understand from a developer perspective. Most applications involve multiple APIs that pull in data from various places and then do something useful with it for the user. As of yet, there's no good way to do this when building dapps. Maybe I'm missing something, but it seems plainly clear that development is going to explode when chains have scaled and there's an oracle solution. It should actually be pretty similar to how applications are currently developed, but decentralized on a blockchain platform.

I'm really just trying to make sure I'm holding the right assets when this all starts to pop off.

>>13240718
ya keep holding vaporware dumb faggit

>>13239959
>>13239969
Why would it drop further instead of just being a longer accumulation phase? I get the idea you are making of longer cycles.

>>13240728
I’ve read about chainlink since 2017 Octobe 20th. It’s not vapor

>>13240772
>Read about
>No working product
>No one has any intention to ever use it or need so called oracles
>You buy white genocide tokens, redistributing your money to mudslimes
He is a kike, you know that right

>>13238137
It's going to be so enjoyable watching people like you get blown the fuck out

desu I'm just here for the dumps

Its pure pleasure. I'm not even shorting it. Just let it all burn

>>13240780
>no one has any need for ocacles
Lmao

>>13237251
Former Bull here , seriously i was optimistic until veriblock spamed the mempool.
Until bcash hardfork we are in a bear market , if the hard fork of bcash is successfull we will have a second btc with paypal capabilities in case veriblock bottlenecks the network.

Until the hard for of may expect everything to go to shit since bitpay the biggest payment processor uses both btc and bch and if btc is bottlenecked as hell and bch expecting it´s last hard fork we are in trouble.

>>13240758
old holders that are left over from the previous cycle need to get shaken out because these people are waiting for the moment they can finally sell. the bottom is when new money comes in and buys up the supply and hold for the long term. they arent coming until the price is lower.

>>13240892
name 1 company / successful working product that is demanding/asking for oracles

there isnt one.

ripple doesnt need one
stellar doesnt need one
IBM doesnt need one
R3 doesnt need one

all of which are doing live business right now, where crypto touches the real world

nice cope tho faggit

>>13240892
oh look, another article, from another successful company

>no mention of oracles
https://cointelegraph.com/news/coinbase-ceo-names-three-things-crypto-needs-for-mass-adoption

enjoy your jewish ponzi scheme

>>13240892
Name a single application that would be useful today. No hypotheticals. The smart contract must run on ethereums current blockchain, not some future perfectly scalable pipe dream... here’s a hint, no single sane person in this world would even think of using eths platform to do anything in the real world, and Wow its an even greater stretch to think they’d use some vaporware oracles to transmit their data feeds lmao..

Bull started the second we made that probably manipulated drop to 3.2k in Dec. I called it on many channels but was laughed at.

>>13240951
...

.....
...........

>>13240996
Answer, name a single entity that wants to use eth and oracles TODAY. I’ll wait

>>13237408
kek
imagine thinking that the bulls who remain actually give two fucks about the price. go ahead to 1k i’ll just buy more.

>>13237501
nope.
$3,700 coming in october.
screencap this.

>>13238807

based.

>>13241015
I already answered this basic question many times. Guess you weren’t there

>>13241024
u mean tomorrow

>>13241134
Nice one, don’t worry it’s an impossible question to answer

>>13239036
this.
i know i risk sounding dumb.
what what if it’s different this time.

link is gay af. when (if) main net ever comes out its going to be a straight dump fest because it will never live up to its expectations. nobody gives a fuck about smart contracts and certainly not a entralized api parsing shitcoin.

speaking of shitcoins, alt season is just around the corner what are you non-retards here planning on flipping?

link is gay af. when (if) main net ever comes out its going to be a straight dump fest because it will never live up to its expectations. nobody gives a fuck about smart contracts and certainly not a centralized api parsing shitcoin.

speaking of shitcoins, alt season is just around the corner what are you non-retards here planning on flipping?

>>13237251

I would think its time for the bull market but the world economy is about to crash into its regularly scheduled recession.

>>13240921
>>13240951
makerdaO/DAI

The Truth

>>13241173
ive got 100k link kek. few years from now ill look like a fucking idiot but at least i lived life going balls to the wall like a madman and gave myself a shot at the very least. worst case i end up like every 67 yr old and who doesnt have a pot to piss in and relies on the gubberment to take care of them. In all honestly you should be taking on major risk for 1 decade start at twenty five years old and by thirty five if you still havent made it you got 30 YEARS to save money like every other average pleb on the planet. if you can not manage to save money over thirty years and live conservatively then i guess you were destined to be broke but id rather be broke with balls than broke and also a pussy. i might be broke or rich but ill never be a bitch

>>13240921
I'm starting to think smart contracts are a meme. Like jimmy said if you tokenize a title for a house how are you going to keep the token and the house tied together. Someone can still steal the private seed and now what?

Is this why we all will be getting microchips implanted into our wrists because that's the only way I see all this working.

>>13241234
I'm not selling obviously but I really expected more by this point
My hand strength has been increased by all the autistic research and seemingly obvious partnerships like Swift and Docusign
But desu I'm starting to doubt whether /biz/ is collectively seeing patterns where there aren't any.
If we on /biz/ are right about this then why hasn't anyone else noticed this potential? It's been so long and the only place this coin gets mentioned is here - even with half-hearted attempts to get leddit involved

I'm not fudding and I'm definitely not selling. The fundamentals haven't changed and secured decentralized oracles are desperately needed if crypto is to grow and start getting adopted. Sergey has been in this space since long before crypto was fashionable (he has the smartcontract.com domain for one) and is clearly in deep with big players in finance besides the obvious ones like SWIFT

This video from SIBOS got posted on here a lot a few months ago but if you haven't seen it yet it's another great example of Sergey's professionalism and dedication to this project.

WHEN YOUR HANDS ARE FEELING WEAK
WATCH THE SERGEY SPEAK:
https://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

>>13237357
Bobo memes started when btc was 8k-6.4k

>>13241606
swift isnt a partnership, it was a cute little slideshow that they allowed sergey to do at sibos during the peak of the crypto bubble when blockchain was all the rage. it was going to change the fucking world! every shit company was experimenting with blockchain.

the docusign thing is pretty meaningless, it will allow people to sign smart contracts that nobody will ever use

biz really fucking missed the boat on this one, but when btc goes up im sure link will move up with it (a rising tide lifts all boats) but why even bother holding alts while they shit in sat value as btc moves? why not just trade them? it doesnt matter which ones you buy really, they all go up and down at the same time and you wont have to worry about any one shitcoin failing because you arent holding them long enough to care

anyways just my 2 cents

>>13241647
the only time link was viable was pre sibos. now it's a magnet for newfags, neets, and schizos

>>13238178
Is that volume in BTC or in usd?

>>13241647
>>13241659
I think we are over estimating guys, i mean how much do you "really know" can you get a node up and running? do you know how all this is going to be actually implemented? have any of you actually tested on ropsten? is linkpool.io safe? idk.

I bought link because i dont see how smart contracts can have any value if they can not communicate with real world data feeds. I do not understand how any of this will end up changing the world if we can not take it beyond tokenization.

but then i read this:
>The pure delusion. You retards actually think you have fundamentally analyized link and are some sort of elite investor. You know about link because its been shilled to fucking death on this shitty board with terrible infographics and extremely far reaching claims with no evidence. I guarantee none of you have actually even tried to use the testnet or have even considered the token economics at play here. The testnet is a peice of trash centralized (it uses one source) API scraper that uploads data into a non self executable smart contract. A fifteen year old could write the code to do this, it tests nothing envsioned in the whitepaper. Now for the token economics 35% of the total supply is in the hands of Sergey himself. The top 100 wallets control 85% of the supply of this coin. Your investment can be quite literally wiped out overnight without a moments notice. Going all into this project is probably one of the stupidest things you can do with your money but retards like you keep lining up thinking you are the next Warren Buffet. Chainlink is so far from a sure thing.

and it really brings me back down to earth because i realize im a complete fucking idiot.

>>13241659
1. Mark Oblad has been working on his own companies (valcu.co) product whilst being given a big salary from SC.com. Source: check his GitHub.

2. Codeship has been a resounding failure so far according to the team in the pivotal tracker demonstrating a lack of technical competence and poor guidance from Steve Ellis. Is he even up to the job?

Here is the pivotal quote from John Barker:

>The Codeship CD has been IMHO a little dissapointing:
It can't do CI on forks
It's slower than Travis (how!?!? this might just be the extra work it's doing to build docker containers)
The pause mechanism is a little weird: it runs the whole build again, the pause button dissapears under some set of conditions I don't understand, the pausing/deployment of builds is not super visible

Which brings me to my third point, a lack of professionalism.

3. I quote John Barker in pivotal.

>BUT when I did this I got a metric fuck tonne of output from docker-compose, it's almost as if it had been buffering output and had already actually restarted chainlink for us.

Does using this language in public really endear the team to large corporations? It screams amateur hour to me.

In conclusion, someone needs to get a grip on the project. Employees are running riot on large salaries, working on their own projects, swearing in public and the CTO is making school boy errors with his technical judgements.

I’ve seen all the fud. None of you are saying anything that hasn’t been said before. Hit me with something new damn it gets boring reading your same ole eh eh b-but nobody will use oracles

>>13241599
if it was necessary/important, we would hear the big giants working on it or complaining about it

and the fact is none are and chainlink is a scam, and sergey is 100% a kike given his jewish posts:
>>13240947
>>13240728

>>13241728

>>13241713
look man im not going to be one of those link larp faggots because my shtick is posting btc charts, but i do know some of the people involved with the project and they have lost enthusiasm to say the least. they arent as pessimistic as me obviously, but the magic just doesnt seem to be there anymore...

take it for what its worth though - random faggot on the internet hating on a shitcoin with supposed "inside info". and like i said, a rising tide lifts all boats so im sure it will turn out ok regardless.

>>13238824
Halving seems to kick off a speculative frenzy.

>>13241758
>So you're telling me this project has confirmed ties to the banking cartel, the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, IBM, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives and insurance possibly trillions in saving, AND its the only project of its kind due to its decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 60 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market? Do you realize how delusional and insane that sounds? Personally I'm all in.

>>13241781
you have really drank the kool-aid my friend

>>13241795
Lol

>>13241586
great post, anon

>>13240893
seriously though fuck veriblock

Nothing but a bunch of parasites spamming the network trying to leech off bitcoins hashpower and security

>>13240921
>IBM doesnt need one
IBM is dead m8

https://www.nasdaq.com/press-release/centerbridge-partners-to-acquire-ibms-marketing-platform-and-commerce-software-offerings-to-form-20190404-00992

>>13238331
BASED

this is the best advise i've heard on here.

t

>>13237588
Going all in now is like buying BTC at $20k.

>>13240808
Only people who invest money would get blown the fuck out. Being a bear doesn't necessarily mean you want to short.

Former former here, we're in a formertrap and will form hard soon.

>>13241849
there is no need for kore than 1 pow chain soon every coin will tethet to btc for safety

>>13242810
well ltc may be one of the few exceptions