/biz/ - Business & Finance

Thanks for the heads up, I've just market sold my 2018 stack based on this information you have provided, thanks again.

It has already produced many millionaires.

>>19806426
I too am convinced that this investment has reached its peak. Market selling everything.

>>19806417

there are people on /biz/ that shilled BTC back when BTC was less than $1. Those guys probably still lurk and are millionaires. There were probably guys like you that called them delusional. History repeats itself friendo, what part of history do you want to be a part of?

>>19806417
Same logic says that everyone on this board who bought bitcoin in early 2013 onwards or ETH in 2016 is a milli/billionaire. So yeah. Yawn.

>>19806417
Only the ones who were automatically screeching to buy the token for two years will make it. Many of these anons have 25k+ stacks, with the absolute minimum being 10k (10k was believed to be the suicide stack from the get go). These anons will likely be the “millionaires and billionaires”. If you don’t have more than 10k you’re likely not going to make it. A few millionaires and billionaires will be printed, but not as many as you’d think

>>19806492
Phone autocorrected Autistically to automatically. Looks like I also will not be making it.

>>19806417
>partnerships!

>>19806492
I disagree with the way fat protocols work, if we see LINK take off and we can get some killer apps. Than the protocol/network would be worth trillions.

>>19806549
The thing is, most of the people with sub 10k stacks will sell way too early. There’s a reason many could only afford 10k max in the first plane, many were short on money of finances. A stack 25k or more allows them to slowly average out over the years, 10k or less would just get dumped over a few orders. All this is unironic because I obliviously didn’t listen for 2 years and now only own 231 LINK.

a lot of dumb ass nerds had thousands of BTC too anon, but just a very few actually held through

the first shakeout of the weak hands that have big stacks will happen when LINK goes to double digits and then falls back down to single digits, only a select few will actually hold through it all

>>19806579
Possibly, but I don’t plan on selling for a long time. We don’t know how high we’re gonna get. It not a company, it a protocol/network.

Maybe other people will sell but I think it worth more than what people here say, we’ll finally get to see what happens when you mix block chains and real life events.

>>19806492
1000 was the suicide stack fren; 10K was the make-it stack.

>>19806686
Not in 2017 and 2018. 10k stack only cost <$2k for many many months. From 2017 to early 2019, many were under the assumption 10k is a Suicide stack. I’d argue it’s 1000 now but the original number was 10k, I remember vividly

>>19806860

You are a liar. You don't remember shit vividly. 10,000 stack was closer to 4,000 if you were dollar cost averaging in.

Dropping $4,000 on a project that was still heavily FUDed and completely uncertain was laughed at. People were told that if they didn't at least drop $400 on a suicide stack (1000) they would rope themselves because everyone has that much to lose.

You would rope yourself if you weren't willing to risk such a minor amount of money because the idea was you could still hit 1 Mil with even just a 1,000. Idk why people are still lying about this its fucking weird.

>>19806860
True but, if we look at the wallet distributions there only 3200 or so people with 10K stacks and up, and you can argue less if there multiple wallets holders or more if people keep it on the exchanges. If LINK does what it needs to do, than it has no problems generating 20,000 millionaires if not more.

>>19806932
You can literally see the assblaster post where he says “I’d get a minimum of 10k for suicide prevention”. I get it, you’re a coping Linklet. I am also a linklet, this does nothing to change the facts.

>>19806932
Its a demoralization tactic to try and prevent people from buying thinking its too late since most people dont have 40k to drop on something right now. Anyone who says 10k is suicide stack is a faggot.
1k suicide.
10k make it.
100k fuck you money.

>>19806932
Suicide stack has always been 10k.

>>19807225
It quite sickening.

>>19807076

You realize Assblaster was wrong about basically all of his predictions. He shilled LINK was but wasn't even that knowledgeable of the project ironically. Do you remember all the other shitcoins he said were "must haves"? I have more than enough LINK as I DCA'ed after the market crash in Jan 2018 until 2019.

The consensus formed around that time that 10K was make it and 1K was suicide. It has never changed.

>>19807225

Why would anyone even do that? People here buying almost does nothing to affect the current price? Its clearly in accumulation channels controlled by bots of the large players as the top 1% wallets have been buying non-stop for months.

>>19807293
This is a coordinated FUD campaign they figured out that all of the other FUD got demolished with WEF and recent announcements, now it try to demoralize people from getting bigger stacks.

>>19807293
>You realize Assblaster was wrong about basically all of his predictions.

This does nothing to change the fact that he stated “10k is a suicide stack” and for 2 years the community took that as truth. I’m not agreeing/disagreeing with you on 10k being an actual suicide stack, I’m just stating this is what was presented in 2017 and this is what linkies lived by for the following years.

>>19807259
it pissening

>>19807253

You are either a retard or outright lying. 1,000 was obviously suicide as it meant you could have a million due to the 7777777 get prophecy. That was the whole point plus it was only $400 roughly and anyone could gamble that and if you didn't you would fucking rope yourself.

>>19807338
>appealing to authority is not a good arguement case

Assblaster underestimated everything about the project.

>>19807338

Bro no they didn't I have been on here since LINK was being shilled in 2017 for fucking 8 hours a day. I literally trade crypto for income. Since day 1 and the goddamn ICO. The consensus was never 10,000 suicide

>>19806417
it already happened with btc and eth stupid fucking faggot
>it cant happen again
retard

>>19807367
You’re going on tangents anon kek. I’m literally just telling you the history. Assblaster states $10k is a suicide stack and from 2017-early 2019 this is what the community believed. Obviously nobody has 40k to drop on crypto now, so I’d argue 1000 is the new Suicide stack. I’m just stating the facts and you’re letting your emotions get to you

>>19807419
Nope you got called out you retard.

>>19807325
Nice try. I only have 100k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. Link is only going to $10 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it. The upper predictions for Link where about $60 but that was made during the bullrun and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen anymore.

The singularity is cancelled. Now we will have a slow growth to $10. And the sad but ironic thing is most people on this board will hold from 20 cents, to $10 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $10. Looking at the current charts depresses the fuck out of me when I know I only have 100k Link, nowhere near enough to make it.

At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.

>>19807419
>>19807419

You are wrong though, that is the problem. The consensus and what Assblaster said are two different things. The general consensus the entire time has always been 10,000 is make it, 1000 is suicide

>>19807338
1k was definitely a suicide stack. I know because I bought exactly 1k in October 2017 on that basis.

>>19807392
>>19807428

Apparently you guys missed this one kek. You were early, just not that early I guess

>>19807429
nice pasta

>>19807348
You're obviously a newfag trying to cope.

>>19807450
See my last post. This was taken as absolute truth by link marines for many months. Remember, 10k stacks were less than $2k for many months.

>>19807457

Yes I was literally in that thread as it was happening.

>>19807450

>>19806686
funniest delusional linklet cope.

>>19807480

See

>>19807392

>>19807492
>I was literally in that thread as it was happening
>you are wrong

Which one is it anon? I just posted the AB thread that started the whole make it vs suicide stack and clearly 10k was labeled a suicide stack.

>>19807516

I'm saying that Assblaster was bullshit and the general consensus of the community was that 1000 was suicide and 10,000 was make it. No one believed Assblaster except to actually accumulate LINK FFS he was wrong with every price prediction and shilled fucking REQ

>>19807561
You must have missed all the other threads where anons religiously referred to AB’s word as the word of god kek. Stop coping anon, I’m a linklet too.

>>19806417
I'm a man of modest means with many obligations. I've got my stack to 200. Based on this post, I will double it.

>>19807585
Lmao this is some interesting FUD, oh well time to keep buying more.

>>19807585

You are just resorting to ad hominem now. Again I've been on here everyday for 8 hours plus a day, I'm basically a NEET who trades crypto futures for income. The suicide and make it stacks were based on the 1000 EOY 7777777 get. You clearly missed all the threads.

Most people didn't think it was actually going to $1000 the EOY of the year the get happened moreso LINK clearly had the potential to eventually hit that price point once the next bull cycle started.

>>19807613
I would be happy with simply paying off my mortgage and outstanding debt. If LINK does that for me, no suicide needed. I have a family. I don't need a Lambo account.

>>19807516
He didn’t start it. AB’s thread you posted is from 2018. As I said above, I made my first Link purchase of 1000k in October 17. This was in the lead up to SIBOS and people were saying you may as well check 300-400 on it as suicide insurance.

>>19807650
You’re clearly coping anon, it’s quite comical. Like I said, I was the dumbass who didn’t listen for two years and is a linklet now, I have nobody to blame but myself. None of this changes the fact for 2 years the community as a whole thought 10k was a suicide stack because one autist named AB said so. Like i said before, I don’t agree with the amount, but that’s what was stated and that’s what the community took as fact for many years. Stop seething and coping and accept it

>>19807450
1k is suicide, always was. I think it likely it's the same anon in every thread saying 10k is suicide, what fag, didn't get any attention from his father.

>>19807700

Idk what else to say other than you are wrong and are projecting the amount you have onto other people. I have more than 10K

>>19807774

>>19807774
I assume its the final gasp of the discord FUD group maybe as they have no other options. There is nothing about the project you can call into question anymore.

>>19806492
>>19806503
>>19806579
>>19806860
>>19807076
>>19807338
>>19807419
>>19807457
>>19807481
>>19807516
>>19807585
>>19807700
>>19807809
Fuck your FUD nigger!

>>19807774
>>19807833
I am poor too guys, don’t hate me too much. I’m merely reiterating what I witnessed over 3 years of lurking these threads without actually buying LINK. I guess I deserve it or it was my destiny. I plan to live vicariously through those who accumulated 10k+ stacks, for they are the ones who will make it. Godspeed anons and good luck to you all, I wish nothing but well fortune to all of us.

>>19806417
4chan has captured the essence of the american dream. Produced a lot of millionaires already.

>>19807700
Kek and there shows the fudder true colors. Glorious.

>>19806860
God ur dumb it was and always has been 10k I know cuz I told my rich friend to get a suicide stack and he has 10k so suck it new fag

For what it's worth I have been here for just over a year, total poor fag, I always understood the suicide stack to be 1000. I'm at 1500 at the moment. I've read hundreds of posts referring to 1000 SS, 10000, Make it stack.
This
>10k is suicide stack
Is a very new phenonemon and sounds like massive cope from poorfags lashing out at other poorfags.

>>19808016
To add: It's very good fud because if I had been told 10000 was a suicide stack i wouldn't have even bothered accumulating.

>>19808016
It not, it FUD cause now the project breadcrumbs have all been confirmed and the scale is bigger than we thought. Buying now is like buying BTC at $4.

>>19807921
I was in agreement with you, 10k was always a suicide stack. Like other anons have said, more crumbs have come true so now I would argue 1k is a suicide stack but for 2 years the community as a whole thought 10k was suicide stack material

>>19808118
This just isn't true though. I am a newfag to /biz/, been here a year, there or there abouts, when I saw that kek clearly favoured Chainlink I did a stupid amount of backreading. Check the archives, you can't fucking memory hole this. 1000 has always been a suicide stack, regardless of what Assblaster said.

>>19806417
$5 end of day!!!

>>19807700
This is true, who are these newfags saying it's not? Nobody ever talked about 1k link back then because it was like $200. The suicide stack was 10k. So get ready to die

>>19808118
1000 was the suicide stack, 10K was the make it stack. You weren't there. I was.

>>19808548
Pretty much this. Who would ever reasonably say that a $200 investment is a suicide stack kek. >>19808548

>>19808548
He didn't. He was talking about a 10K stack @ $20 Link.

1000 suicide stack was from the 777777 get which stated 1000 eoy. At that price a stack of 1000 @ $1000 would make you a million and stop you reaching for the rope for the sake of a couple of hundred dollars investment (at that point in time)

>>19808650
>Who would ever reasonably say that a $200 investment is a suicide stack
We did, back when we were buying up for pennies.

>>19807808
>Implying I don't have a stack
Anon, you had three years.

>>19809550

Yes, and I completed my objective which was more than 10K. No one believes each other here, especially on stack amounts anyway. He did imply I didn't have enough and why I was adamant on saying 10K was make it, even though it is.

The Chainlink dream is about to come true and all I'm seeing is people arguing about how many tokens constituted a suicide stack. Does it really matter?

so link 800$ eoy and not 1k

>>19809761
Do you really not know what you invested in? It looking to be more and more like GOD protocol everyday, more people are using it everyday.

>>19809797
is this the demiurge in electric form or something? how much do you think links gonna be? I thought the rumors were xrp was gonna be the big wig on the block

>>19806417
My dearest friend, 'tis with immense pleasure that I inform you that your letter has found safe travel to my destination and landed in my hands. However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you, knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to open it and refused to read the message contained within. Surmising your intentions, there exists no doubt in my heart regarding your sincere worries for my financial well being, but alas your attempts to convince me to modify my investment strategies shall regretfully remain futile, as my stubbornness in this matter has indeed been sealed irrevocably and no other voice shall rock its imperturbable foundations. Allow me then to reiterate my will once more, and do your best to forever remember it for no change will follow: I shan't part ways with my beloved asset for it is my utmost belief that I have invested wisely and foresee infinite potential in its future, and therefore no other possession in this world shall change my decision, not even a mountain of gold! For my possessed asset is indeed fated to be worth more than any other riches in the world. We shan't speak of this no more. Sincerely yours, your beloved friend.

god this thread is terrible. literally who gives a fuck what the suicide stack was. just buy more. jfc

>>19809892
Take the market cap of every single FAANG company and emerging Tech company and put it into LINK.

With blockchain you flip value, applications are no longer as valuable as the protocol, the protocol value will always exceed the value of any single application. Link is going to to be web 3.0 version of the firewall, and every dapp created from now on will need to rely on it.

>>19806579
I bought 250 in the past 2 weeks.
You literally had 3 years.
You still HAVE time.
Just not much.

>>19809746

Yes because believe it or not some of us here want as many people to make it as possible and there is still time albeit a small window.

4chan ironically is comprised of some of the most honest, loyal, and decent people left. Many will waste their wealth but some people here will make a positive impact on the world that will last generations.

>>19809976
Oh and furthermore PSD2 comes out in december, guess what that mean open bank apis are available. Most people will not know what LINK is but they will use it. Money gonna go out for the bank account, transferred to LINK, that LINK gets used in the network, than transferred back via the bank api and they will see they used 50c worth of the network for a data pull.

>>19807253
Suicide stack is 1k.
Make it stack is 10k.
The idea being, if LINK delivers, you don’t want to have zero, which if you had none, you’d end it all because you missed out.
Won’t get you rich but you won’t kys either.

>>19806417
30k holder here

We’ll be lucky to reach $50. Bitcoin can’t even break 15k, until it does something the dream is dead. Also, the market cap for 1k link is retarded. Even with “muh staking” justification it’s not going to happen

Even if it reaches ETHs total market cap around 130bil it would only be worth $371
Inb4 the cult of linklets tell me how they’re going to be millionaires off 500 link.

Don’t get me wrong it’s going to make a lot of money but I completely disagree with the speculation it will ever come close to $1k

>>19809723
My bad anon, was supposed to reply to the one below.
>>19807908

>>19810327
You don’t know lol

>>19810327
Concerned FUD

kys

>>19810327
Ever since BTC hit $20k all bets are off, these things can get to high astronomic value. So lets see.

>>19806549
>if we see LINK take off and we can get some killer apps. Than the protocol/network would be worth trillions.

which is why it won't take off. no one is going to pay into a rent seeking protocol vs just direct negotiations behind closed doors with court mediated reconciliation

>>19810327
Bitcoin is a shitcoin, it's completely fucking useless and the only reason people buy it is to sell it at a profit.
Link IS the network for the future of all finance.
Comparing Link to Bitcoin is like comparing your piggy bank to the federal reserve.
In short your fud sucks and so do you.

>>19810479
>>19810497
Not an argument
>>19810498
Don’t disagree, but I think it’s a bit ridiculous to expect chainlink to be more than double ETH’s ATH market cap when crypto as a whole can’t break 1T.

When crypto can consistently stay over 1T, I’ll buy into the speculation more

>>19806417
dont be rude, we worked very hard for this

>>19810541
Not trying to argue
Just saying
You don’t know

>>19810541
I mean you call those people rediculous, but if they call it right you’ll call them genius.

I don’t think most billionaire/millionaire BTC holders were lucky, those people knew. But yea let see no point in argueing now.

>>19810327

You realize the circulating supply for LINK could potentially be 5% or less than what it is now? Tezos is at 81% staked and the returns are trash. LINK literally HAS to be staked as collateral for the value facilitated through the contracts. Its a feed back loop as well. Companies will be doing dividend re-investment for more cost savings and profit acquisition by to allow them to take on higher value contract. Everything requires them to stake and pull it out of circulation. I seriously wouldn't be surprised to see LINK have only 3% of its current circulating supply once the network matures in a couple years.

>>19810637
Id like to believe this but just can’t buy into it. We’ll see what happens. I’m happy with my gains as is, but unless something suddenly changes I’m on the more pessimistic side of speculation

>>19810637
yes, a liquidity crisis is exactly what you need to really boost value.

holy shit you people are insane.

>>19810706
That not a liquidity crisis you tard.

>>19810541
Ngmi

>>19810706

Idk what you think happens when demand is high but supply is low? Regardless the main value metric for LINK is collateral based anyway. Once million to billion dollar contracts are moving through the network the sufficient collateral on nodes is going to have to be incredibly high.

Also yes you are a tard that isn't a liquidity crisis at all. That would be more like the inability to transfer LINK into USD.

>>19806417
Lmao SEETHE!
THIS IS THE TIME OF RACIST NEETS

>>19806417
Uhhh if this thing takes off then that means this board would be producing millionaires and billionaires...

No way that would happen, stop being fucking delusional you retards.

>>19806860
Even at $1.00 it’s still a lot for a retail investor to throw $10,000 in a speculative risky unproven asset like a chainlink token.
All we had to go off of was the concept and promise of a mainnet at that point.
In the future anyone who bought before mainnet will be considered OGs

>>19811786
42, they called your price prediction delusional, but now it looking to be like reality. How do you feel?

>>19810135
That's not how it will work but yeah, Link will be used for this

>>19807225
So much this, it has been going for months now
We all know what the make it stack was two years ago and that was 10k

>t. captain

>>19810327
i'm gonna be a millionaire from my XRP but I'll get a few hundred thousand from link. World economic forum bitch

>>19810135
>Money gonna go out for the bank account, transferred to LINK, that LINK gets used in the network, than transferred back via the bank api
You have totally misunderstood what PSD2 is. It will benefit LINK, but what you wrote is nonsense.

>>19810507
No one will use this new "car" thing when we have reliable horses

>>19811846
>How do you feel?
“Buzzing” is the best way I can describe it.
And from the moment that the riddle was solved and the price was shown, there was no doubt in my mind. I literally just transferred all BTC and ETH to link right before the future message was delivered. Crazy synchronicity.

HaHahahahhaha uncle old fag is fucking seething ahahhahahahaha.

>>19806417

u can literally buy xrp on bitmex for 1960
its 2020 on binance. lol.

literal 3% discount on bitmex. and people dont want free money? they sit this board and jack off to 100x degen bets.

>>19806456
/biz/ hasn't been around that long. they were shilling btc at /g/ back then.

>>19812773
i read about btc on /b/ black in the day. clearly some of those fucking perverts are here today. vermin!

>>19807320
>Why would anyone even do that?
because reddit doesn't deserve to make it

>>19806417
why do you fucks keep posting the same shit everyday, are these threads produced by bots or the dopamine addiction is that bad?

>>19811912
remember arthur blog post from march. when he said if futures go below spot price, thats time to back up the truck and load up your longs? well xrp is -3% from spot. aint no better time for market maker to scam shoot that poo poo STRAIGHT UP. xrp has capitulated to the max. see u on the moon.

>>19814674
>>19814700
check this out

>>19808118
>more crumbs have come true so now I would argue 1k is a suicide stack
If they hadn't that wouldn't change a thing, actually that would give you even less reason not to buy.

You're like these incels who talk about how normies suffer and life isn't worth to be lived unless you're Chad, you just want as much people to feel as bad as yourself

Fags in here are Lying 1k was always the suicide stack, 10k to make it. That’s all the spoon feeding I’m doing today.

>>19810327
bitcoin is only good for buying pizza

What makes you think that hasn't already happened with btc and eth?

>>19806440
You gone get burned trying to call the market

>>19806932
Based
>>19807225
This

Also: a make it stack is now $400k

>>19806417
I painaled your mom

>>19806417
You don't understand how few people truly own a decent stack. Also it would take 100k tokens at $10k each to get someone to $1B. You act like this is going to happen left and right. The truth is most people have been priced out of actual make it stacks, now everyone is loading up their suicide bags.

>>19816603
That's implying the make it stack cost $20k right from the ICO... which is inane. Shit crypto project if that's the case... (hint: it's not the case)

What will 5K linkies afford me in 2025 bros?

>>19806439
about 150 wallets on etherscan show that they have more than a million worth of link

oh wow

>>19807508
Hardly a Linklet, I've been buying since 0.30c

>>19807700
He's based you dumb fuck.

>>19806417
>Uhhh.... chainstink won't moon because...uhhh...you know... uhhh... there's no way you retards are gonna be millionaires! That's just....yeah... won't happen!

The fud is getting absolutely desperate.

>>19807225
Nailed it.

>>19806417
being a millionaire isn't too much to ask in the current state of things. billionaire more so, if there's more than 3 or 4 billionaires made from LINK then ya, start crying "it's not fair" faggot. but seriously, I would love to be a millionaire because i'm poor as shit but even I realize that that's not anything to brag about. i would finally be able to afford a house, new car, 3 or 4 children and then maybe some left over for a decent hobby. all of this shit wasn't a dream when my parents were growing up, it was a guarantee. now i have to rely on this shit token to even think I have a chance of living a life that was standard 50 years ago.

>>19807700
>actually thinking people bought solely due to AB
>whitepaper
>https://www.americanbanker.com/news/the-race-to-connect-smart-contracts-to-the-real-world
>swift
>dec 2017 integration with zeppelin
>march 2018 panel with gonser + perianne boring, with gonser setting sergey up with segues and leading questions
>mentions in artificial lawyer
this is why you didn't buy. because you didn't read and didn't research.

>>19806932
10,000 was always the suicide stack. LINK was always shilled since the private sale. Most people had a long time to buy under 25 cents which I speculate a lot of people did.