/biz/ - Business & Finance

close too. upper midclass normies above 25 are still in play

>>20379674
>normies are wildly priced out of my 7.5k nulinker stack

Anyone else buy their entire family 1k stacks on their own goybase accounr?

>>20379674
>>20379718
normies would never invest 8.6k on speculative cryptocoin

its surreal seeing normies on youtube and twitter brag about their sub 500 link stack

>>20379718
Yes, they would, we must hit 20 soon. Otherwise, they will be able to get 10k stacks. The normies in tech/business/med will be able to. These are the ones we need to avoid now.

>>20379737
99% of normies aren't spending $8k+ on crypto that isn't btc or eth

>normies will sell when it gets to 25 then buy back in at 40
It's all entertainment from here.

>>20379797
99% of normies aren't spending >$8k on any crypto

>>20379781
Only rich people will put 80k into some crypto project. Understand this a good majority of normies believe crypto is a scam.

>>20379674
obviously the old fud isn't working anymore
We need to proliferate the idea that a ridiculously low number will be the top to bait them into selling before being priced out

>>20379740
Nope. I didn’t want my family to buy link cause I want to look like I got rich some cool way and it won’t be as cool if they’re rich too. Plus they’re normie boomers who told me to stop playing with chuckee cheese tokens so fuck em

>>20379743
>Fresh out of university with 22
>Dad gets you a 75K entry job
>live in a house your grandparents bought for you
>2 years into the job make 150K
8K is not pocket change, but losing it isn't really an issue

>>20379866
Relax. You made it already. Just let it ride. Those normies who buy in will sell prematurely for a measily 50% only to rebuy at the top and lose it all

>>20379902
Almost nobody throw 10k at a speculative assets they don't understand (and link is very hard to understand, most of /biz/ doesn't, nevermind normies). Even millionaires don't do that.

>>20379740
No because my mom calls me retarded every time she sees a coinbase withdrawal in my checking account even though over the past two weeks I've gained double her net worth. I told my brother to invest a couple grand in link two years ago and he said "crypto is too risky, can I just give you $50 to invest for me?" and he makes 6 figures

>>20379999

>>20379850

yeah. the idea that normies aren't priced out because some "upper middle class" normies could buy a 10k stack still is wrong.

The more money they have, the less likely they are to dump it ALL into a fucking niche frog token. It takes a normie with 1 million or so now to be willing to risk 10% of that to buy a 10k stack.

Normie's can't write a $500 check to fix their car.

>>20379674
It’s insane seeing people brag about having 100 link now

>>20379993
You are right, "millionaires" don't do such stupid moves, else they wouldn't be where they are. But the same as such a person wouldn't throw 10K at spot for Tesla shares, an upper midclass dimwit, fuck yeah.

>>20379674
>missed btc
>missed eth
>missed tesla
>born too late to explore earth born too early to explore the galaxy
>born just in time to buy chainlink in 2017 to make half a million $
Thanks for all the memes we are gonna make it.

>>20379674
But who is going to pump our bags even more?

>>20380186

OkI’m going to explain this to you in a hypothetical. Let’s just say you bought a stack of 50k at 20 cents, which frankly many biz bros have or at least half that.

You paid $10k. That is peanuts, really. Plenty of middle class people have $10k in a single investment such as a stock.

Now your $10k is worth almost $190k.

You know who has $190k in a single investment? Millionaires and degenerate gamblers who are about to lose everything.

Now let’s consider this. This isn’t Apple or Microsoft or fucking McDonalds. NOBODY KNOWS what ChainLink is. Most people still don’t understand there is more than one cryptocurrency at all (Bitcoin). This is so far under the fucking radar, you are so fucking early, and you have a millionaire sized investment in an asset that is going to explode.

You have 50K LINK? I guaran-fucking-tee you will be a multi millionaire within the next 3 years.

Everyone here is early. Everyone here has way more LINK than any middle class jabroni can already even afford. Everyone here has the opportunity to escape wage cuckery forever simply by holding this ridiculous meme token. Just fucking WAIT until shit actually takes off. You haven’t seen anything yet.

>>20379743
You severely underestimate the degeneracy of most humans. People spend that on lotto tickets. The appeal of lots of money causes people to do very foolish things. I mean, look at the guys here who dumped $20k at ICO. Sure, some might already be rich, but more likely they are degenerate gamblers who spent all their money on a highly risky asset because of some larps on 4chan. It paid off, but think about that really.

>>20380376
This. I'm willing to bet most OG linkmarines didn't actually have thousands of bucks they could truly afford to lose.

>>20380376
but why would those people invest in LINK?

Literally 99.9% of people havent even heard of LINK or know what smart contracts are

>>20380376
This has nothing to do with Chainlink

>>20380582
Sure but that’s true of most companies in the world. You don’t need EVERYONE to be investing in something to form a price bubble or even for price discovery. Most people in the world don’t invest in anything. The point is, normies are already in.

I'm starting to see way more double digits and some single digit stacks. wtf is this timeline?

>>20380376
I mean if some normie has balls big enough to put 10k in an asset he doesn't understand I say he deserve his suicide stack

>>20379844
99% of normies don't have 8k in the back

>>20380672
is there something wrong with my 8 link stack

>>20380824
yes nigger, 20 link was the withdrawl fee from binance in 2018 wtfff

>>20380216
cope
i am a flyover state community college student and literally ever 2nd unfucked dead inside beta engineer student here has like $5k crypto portfolios. you underestimate the amount of looser men that hope to make it with this but the general public is not aware of it bc they are disenfranchised lonely men with no social media that stick to themselves.
in 2020 you can assume that every third men under 30 never had a romantic relationship before.
these guys with measily 5k folios wont make it, there is equilliribum reached. buying crypto is long gone mainstream and opening a coinbase account is as easy as opening a tiktok. its over, the barriers to get in arent existing anymore ->therefore no money to be made anytime in the future

you are not a genius, not special or ahead of the curve if your in crypto in 2020. in fact its actually pathetic that you think that you actually can "make it" with chump change

when retrace goys?

>>20380898
After CNN money interviewed Sirgay

Normalfags won't start buying until the price is at least double or even triple digits.
For them big price means more profit.

If you tell them you bought at $0.4 and the price is at $7 they won't care, but if you tell them you bought at $50 and the price is now $250 they suddenly care.

>>20380009
lmao your mom monitors your bank account HAHAHAHAHAHAHAHAHAHA

>>20380886
Bait

>>20380950
>If you tell them you bought at $0.4 and the price is at $7 they won't care, but if you tell them you bought at $50 and the price is now $250 they suddenly care
How can this be explained, stupidity is a blanket explanation, there's something else there, like the pathological admiration of the appearances of authority/power

>>20380863
lol i was just thinking about this today. still pretty sure even people with one link will make it.

>>20380886
>In 2020 you can assume that every third men under 30 never had a romantic relationship before

Haha, it would r-really suck to be one of those guys, c-cant even imagine

>>20380824
Nah you goof my nigga

>>20380950
>>20381055
Not completely true. If you tell someone you literally just turned 40 cents into 7 dollars they won't care because 7 dollars is ultimately nothing even if you made a crazy profit. Whereas the $200 you make from $50 to $250 is a significant amount of money.

Normies absolutely will care if you tell them that you bought a 50k stack at 40 cents, and turned a $20,000 investment into something currently worth $400,000. It doesn't matter how many times you doubled your money if the end result is something measly

i'm fomoing so hard i got 30k in tfsa account and i want to convert to link why didn't i just LISTEN

>>20380824
It's ok lad, we'll just have to join the corolla & reasonably priced house gang
Maybe someone might buy a toy boat for their kids, we'll be comy enough

>>20381128

>>20380886

You honestly have no idea. In 2017 projects were loudly tooting their own horn at every opportunity. Projects like VeChain and IOTA were having big stage conferences, constant community updates, roadmaps, etc. It was a cacophony of self promotion, hype and speculation.
And in the middle of that there was a project that ran a $30m ICO (not huge at the time) and then.... disappeared.
We got our tokens and we didn't hear ANYTHING from them until the end of the year. Literally the only contact we got from the team at all was with Rory, who would often just ask for patience, never hyping, never speculating. It is almost impossible to describe what it was like buying a completely quiet project, generally languishing barely within the top 100, while hypecoins mooned left and right. It was honestly almost delusional to keep holding LINK at that point. Why keep your money in a project that wouldn't even communicate with its bagholders, let alone hype them up?

So what did keep people in LINK? Two things. First, it had the first peer reviewed whitepaper in crypto history, co-written by Ari who already had credibility with IC3, which laid out in comprehensive terms their approach to the oracle problem.
Secondly, it was the only project with the foresight to take on the huge structural issue of oracles, when everyone else was still vying to be the "next Ethereum". Anyone who saw the bigger picture understood that it didn't matter which platform won if smart contracts remained siloed on top of them. They HAD to communicate externally to be useful, and Chainlink was the only project that even offered that possibility.

So fuck your "you got lucky". The people who bought in 2017/early 2018 were the ONLY people looking at the next generation of problems, the only people looking past the hype. People sneered at you for caring about "the tech" but look where we are now. 2017 marines are going to make huge, huge gains, and they will deserve every single cent.

>>20380824
How does 8 million dollars sound to you?

>>20379779
Literally $50 worth at ICO

>>20379866
Maybe play around That devs hold 2/3 of the supply, I know this worries normies

>>20381560
$5 worth actually

>>20381550

>>20381550
whatever dude - seems like you answered to a completely different post. I didnt say anything about "you got lucky" what are you talking about?

yeah CL could be the one, but now that it is trading for 10 USD most of people are priced out/ see that its a very big risk to get in now after it mooned like crazy in 4 days like it didnt in the 1000 days before. nobody will risk 50k usd and buy in now and that way a lot end up with linklet stacks
yeah i agree with you the 2017 link marines will make it "financially" atleast, other than that i dont know. but how many of them bought 10k stacks or more in that time? like maybe 1500 people at best if not less

>>20379740
I TOLD THEM ALL TO BUY BUT NO ONE LISTENED SO FUCK THEM RREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>20382364
Same here. Fuck them too

>>20382225
iirc at the end of 2018 there were only ~3500 wallets with over 10k link

>>20380050
yeah but you dont NEED a 10k stack right? 3K is is is e-enough?