/biz/ - Business & Finance

>>14822972

>>14822972
i laugh at people who buy chainlink and make a red wojack thread the next day cause it went down 10% lmfao

>>14823037
It is the /biz/ way, buy high and sell low.

>>14823060
>selling link

Nothings changed... except we just retraced over 50%. OP sounds like that dude when Eth was $1K down from $1400.... I guess Eth's fundamental didn't change either right?

>>14823117
Zoom out.

I sound like that dude when ETH dipped from $3 to $0.50.

We'll all look back on this in a few years and laugh. Except for the nolinkers, who'll be swinging from a rope.

>>14822972

It’s a shitcoin dude. Lol

>>14822972

I admit I posted one of the "I'm angry at the devs" threads today, pretty sure you replied in it OP. I do try to keep it large picture though. When I get down about the price action I remember that I bought most of mine at 27c--- and what's more, I bought it by trading out of xrp when it was 40c and RLC when it was 80c. Both have been fucking destroyed, never seen anything like it for my entire time in crypto. Both are back to where I initially bought into them and yet I'm still up x10 on LINK.

Just saw a pink wojak thread where a dude did one of those coinbase purcases that takes 10 days to go through. It was for 6000 LINK @2.90 with $20,000. Puts into perspective how much my 15k stack is worth now and how fucking lucky I still am to be able to think 6000 LINK is small fries.

>>14823117
>>14823158
Imagine the suicides KEK

>>14823117
>>14823158


This is truth. Unfortunately it's a 100% retracement of the recent rally, which sucks, but only a 50% price loss overall. Sounds like a lot but compared to RLC and XRP which have literally gone back to where they were pre-2017-bull it's a pretty reasonable amount, provided it doesn't go further. Every mega backflipping rally LINK has pulled since mainnet announcement has been followed by a completely reasonable retracement and yet everyone here screams bloody murder. People on this board are like dogs with no pattern recognition; they can't remember the last time they ate and the moment food is placed in front of them they'll eat til they die. Hope this retracement remains reasonable.

>>14823213
Yep. The "real" FUD from nolinkers and trannies becomes strong on days where it dumps.

If you can't see past the bullshit in crypto you will never make it.
The reason /biz/ chose link was because decently smart people on this board could see past the bullshit and the short term. Shame they don't post as much anymore. But newfags should take this into consideration.

>>14823214
There's probably been a few already. Normies are totally priced out of a 10k stack.

>>14822972
Thanks, I got most of my link at ~$3,5
Didnt even got to 1k, despite the loan I made.
I hope I can pay my $900 loan next July by only selling one LINK (that I will have gained by stacking or noding).

I need this and so does my family.

>>14822972
>The fundamentals haven't changed
Except Sergey is now fundamentally dumping 650,000,000 link in 700k batches.
Which means he will keep dumping for the next 2 years, every day.

>>14823291
It is slightly unfortunate but price does not mean anything at this point. It only reflects what people are willing to pay for it right now, not the true, long-term value.

Newfags need to remember how EARLY we still are when it comes to smart contracts. Even your average normie crypto fag barely understands what the oracle problem is, let alone mainstream normies.

>>14823327
have sex

Its over. Sergey betrayed you and is exit scamming. Every few hours he sells another 700K LINK

>>14823327
This again?
If you dont have any sight, go ahead and sell It already.

>>14822972
the other 1% is from Augur and Oraclize fans

>>14823440
What sight? There was no communication about that and they are trying to hide it using a chain of wallets. It looks for me like textbook securities fraud. I wonder what would SEC say if someone gave them a tip.

So as a nocoiner, I should buy?

>>14822972
NEWFAGS DONT LISTEN NEWFAGS DONT LISTEN NEWFAGS DONT LISTEN

LISTEN UP

LIKE YOU NEWFAGS I WAS NEW TOO. THE LINKTARDS MADE THIS EXACT POST WHEN I WAS HERE AND NOW IM FOREVER BAG HOLDING THIS IS HOW 4CHAN CONTINUES THIS DISGUSTING TRADITION

DONT BUY DONT BUY DONT BUY

>>14822972
It will be over 30 years before we see $40k BTC and by then, it will be worth way less due to inflation if it isn't banned first.

Gold Futures reached $873 on January 21, 1980 and did not break past $500 until 2003. Gold did not reach $873 again until January 3, 2008. On August 23, 2011 gold sold for $1,917 and hasn't sold higher since then. Today, gold is selling at $1,612.

>Those of you who bought BTC at the top: cut your losses now or risk losing 40-45% at the 20 year bottom - and that's before inflation. Or you could hold for 40 years... and your bags will be worth less than what they were at the top after inflation. You'd be better off cashing out and investing in a mutual fund, then keep fat stacks of BTC.

Crypto Markets will follow the trend set by Gold Futures in 1975 very closely. After all, it is human nature that every market must follow in the grand scheme of things.

>>14823464
it was explained at ICO that they would sell link to develop the project further.
they're taking profits early and amassing cash. big things on the horizon.

>inb4 they ran out of the ICO money
If you've ever run a business you would know you do these things ahead of time. Do you really believe they waited till they had a few thousand left in funds and then decided to start selling?

have sex.

I might buy in at .50c

Might wait till .30 actually.

>>14822972
Any tips for me to diversify when link gets too expensive?
Maybe Cardano and Monero?

>>14822972
C o p e

>>14823579
kek what kind of brainlet FUD is this.

WEF and other economic/financial think tanks predict that 10% of world GDP will run on crypto and blockchains by 2025. This is nothing like your boomer rocks. Singularity is not a meme.

>>14822972
Shut the fuck up boomer

>>14822972
Crypto-hodl-bingo.png

>>14822972
1) FACT: Markets go Up -> Markets go down. 2) FACT: You either Hold, Sell or Buy -> how you conduct that is up to you, the individual investor. So ... what are you gonna do? *Sergey has 650,000,000.00 Tokens at his disposal. Ultimately, the PRICE is determined by his actions in the market. Do not ever forget this. ChainLink (and it's market value) is not proportionally controlled by the "MARINES". Ask yourselves this: Can i live with these facts? Everything else is just FUCKING FUD (good or bad). I sincerely wish EVERYONE makes their choices/decisions wisely. That is all.

>>14824258
yup.

i feel bad for any newfags who take /biz/'s exaggerations seriously. this stuff could get to your head if you didn't know otherwise. bull run hasn't even begun. btc halving is still 10 (TEN) months away.

>>14824258
What you recomend?

>>14824813
hodl until staking goes live. there will be a fucking feeding frenzy for link that will make it the scarcest crypto on the market and send the usd price to Saturn

>>14822972
Actual new fag what is a FUD

>>14825661
I feel like all the newfags are massively overestimating the value of staking. It's a bit of a meme in crypto and in the case of Chainlink you're just piggybacking on a third party staking provider anyway. I would wager that the rise in value of the LINK token itself will VASTLY outperform any gains people make from staking in the next 3 or so years.

>>14822972
TEAM DUMPING 700K EVERY OTHER DAY ISNT FUD ITS THE TRUTH
CHAINLINK WORKING ONLY ON ETHEREUM ISNT FUD IS THE TRUTH
CHAINLINK ORACLE NETWORK BEING A CENTRALIZED KYC + INTERVIEW PIECE OF SHIT ISNT FUD ITS THE TRUTH
CHAINLINK'S ONLY WORKING FEATURE BEING CHECKING THE PRICE OF ETH ISNT FUD ITS THE TRUTH
STOP BEING DELUDED

>>14826370
There will essentially be two link markets. You'll have the staked link that will need to have a mcap equal to the value of the data that will need to be collateralized. That link will be staked and out of circulation. The circulating link will need to be even more expensive because it will be based on speculation, and the speculation will be that the tokens will increase invalue year over year because they simply have to. The network increases in value as it expands. Study the math.

>fundamentals haven't changed
>sergey dumping 700k every day

>>14826572
>fundamentals haven't changed
>FUD unrelated to fundamentals

>>14823547
SOMEONE ANSWER THIS MAN. IS THIS A GOOD TIME FOR NOLINKERS TO GET IN ON IT?

>>14822972
July 19, 2019. Get ready frens

>>14823372
This was the meme that introduced me to LINK. Someone posted it on /pol/, and it was intriguing enough to make me read the whitepaper. It blew my fucking mind. My wife and i were trying to get pregnant at the time, and i couldn't even fuck her for the 5 days it took coinbase to take my goddamn money. I couldn't stop thinking about the singularity taking off before i was able to get in. Sitting pretty now, though, with 40k @ 65 cents.

I owe a lot to whoever made that meme.

>>14826858
Listen guy, give me your honest opinion. Do you think link is in it for the long haul?

>>14823547
>>14826804
Yes. OP left you a fucking gold mine. Buy now, then read to understand why you bought.

>>14826858
6.5K link at $4.40
i can't sleep, i can't eat, i've been missing work
crypto is ruining my life

>>14823547
Hell yeah boi it's cheap af right now

>>14826804
if i hadn't gone all in at $4.40 i would go all in right now

take that as you will

About to buy 300 shares of link. What am I in for boys?

>>14822972
frens I'm pretty poor and managed to accumulate 401 LINK with the small amount I had saved
will this ever be enough to never have to work a day in my life? I could do that with as little as $2000/month
Is it possible frens? Is it??? I just want to be able to go to church a lot and take care of my family without having to worry about money

>>14826804
>>14826897
>>14827002
Fuck off boomer

>>14827002
>shares
just buy them and sell in october boomer

>>14826897
Yes, go all in.
We have Tom Gonser and John Wolpert shilling LINK. What other crypto has those big names behind it?

I'm not fucking selling but damn does it hurt to see it drop this much shortly after I bought.

>>14826897
If they accomplish what they set out to do, absolutely yes. And i must say, sergey appears to be the type of man to pull it off. Obviously 160+ IQ, and his degree in philosophy is only a plus. It takes someone with vision at the helm to pioneer paradigm-shifting projects. So he lacks the programming experience to literally write the code himself, i honestly could not care less.

Investing in chainlink now is like investing in Amazon before it went public. E-commerce didn't exist before the internet, and Bezos saw the potential and damn near cornered the entire market. Well now DLT will make it possible to monetize data in ways previously thought impossible, and Sergey et al are taking very encouraging steps to corner that market in the same way.

I won't say don't listen to the FUD. I hope you can see through it, though

you will absolutely see 1.50-1.60 tomorrow night during/after sergeys fat retarded ass says nothing again

>>14827043
You have two choices:
>cut and run
>accept you've invested in something at an insane price and double down
That's it.

>>14827156
Fuck it. Just bought 500$ worth. I'll sleep on it. If I like what I read about it tomorrow at work than I'll buy another 500. I've been reading OPs link but is there any other essential reading you recommend?

>>14827202
Yes, the whitepaper

>>14827023
tom here, i literally broke all time record highs across earnings.. without the need or help from chainstink? dont believe me? just google it faggot.

also, im currently dumping my secret stack of link that serg gave me for the fireshit chats i invited him on. i also fucked him in the ass with a bigmac sauced up dicc, thats right, i lubed my fat ass cock with mac sauce before ramming his jewish russian stink hole

we played you all like a fucking fiddle and you are still taking it up the ass

>>14827194
>>14827202
This

>>14827043
HAHAHAHAHA HE BOUGHT THE ATH WHAT A FUCKING DISCORD TRANNY

1.60 END OF PICC RELATED BOYOS STRAP IN AND SLEEP TIGHT, I GOT ANOTHER WHOLE DAY OF SHITTING ON YOU FAGGOTS BECAUSE I WORK FROM HOME LMAO

>>14827272
STARFISH MISSION LOL YOU CANT MAKE THIS SHIT UP NO PUN INTENDED

LET THE LINKIES HIT THE FLOOR, LET THE LINKIES HIT THE FLLLLLLLLLLLUCK YOU LMAOOOOOOOOOOOOOOOO

Ser Gay

Sold @ 36k sats
COMFYYYYYYYYYYYY

>>14826334
Fear, uncertainty, and doubt

interesting time to be on this board

>>14827003
yeah. that's plenty for a simple life

>>14827355
thanks hun

So what are the milestones for link? When do things really get rolling?

Treat me like a dumb babby bitch who knows nothing about this shit.

>>14827396
August and September. August has TruffleCon, September has PSD2 (Euro banking regs /biz/ thinks LINK is designed to integrate with) as well as SIBOS (big finance conference)

>>14822972
I’m getting increasingly nervous about storing my link stack on MEW and want to move them into cold storage.

I heard a horror story onetime of a guy buying a ledger and someone, somewhere wrote down the private key of his ledger before shipping it to him. My anxiety over this issue is larger then it should be.

What is the safest method of storing my links? Bitfi? Fuck man, I’m so nervous for no reason about someone stealing my private keys.

>>14827429
What's wrong with storing on MEW, exactly?

>>14827396
>>14827416
Stop spoonfeeding this little bitch, he's clearly a boomer newfaggot who needs to lurk more.

>>14827429
Boomers get scammed buying ledgers because they buy them off ebay and they get tricked into thinking a preconfigured ledger with accompanying pre-typed seed phrase is legit. Buy from their official website, go through their FAQs and learn how to set up a ledger, and if you're really paranoid set it up twice for a second unique seed.

>>14827485
use mycrypto you fuckin nub

>>14827675
yeah he needs to lurk more to realize all the conferences are the same redundant nothing burger and you had google microsoft and oracle news followed by a mainnet and still can not sustain any key resistance, which means you are a useless fucking piece of shit lmao

i cant wait till tomorrow night nigger faggots

We are now 100% pre coinbase pump price, and it seems like bitcorn still got a ways to dump. What a fucking horrible time for the team to be selling, even if it's for development.

>>14827783
You see it falling further?

>>14827783
they dont give a free shirt flying france conference fuck about you, i expect a very bloody 25% loss tomorrow , sleep tight stinkass

>>14827797
Do you know any other crypto on coinmarketcap not affected by bitcorn? This has nothing to do with link's fundamentals. Unless we get huge news...

>>14827797
HAHAHAH

AHAHAHAHAHAHA

ASGHFASGBAFSHGBAFS;LGABFKSG


fucking hell im going to sleep good night retards

>>14827825
I doubt bitcoin falls any further. I was asking if the conference was going to have a negative impact.

>>14827853
I see price dropping until staking comes live. Only way to semi decouple form king corn is through actual contract usage, and staking. Market is different than 2017, even goggle news didn't pump as much as everyone hoped for. Link actually netted nothing out of the Oracle expo news.

>>14827355
>>14827377
holy fuck