/biz/ - Business & Finance

I actually addressed this issue in a dissertation I have been working on. Here, I’ll include the important details below:

ahem...


FAGGOT

>>21477541
its called euphoria
people think its doing a 100x after it did a 200x

>>21477598

>>21477541
Everyone who has been in crypto for over a year knows LINK is a hot potato at this point. There are plenty of normies on Coinbase to make a quick blow-off top to over $25 though. Parabolic rises always end with shorts getting swiftly liq'd. So get rekt.

>>21477541
How new are you?

>>21477598
Based department on the line.....I think it’s for you

>>21477541
Link is flipping bitcoin.

hes right, linkies are retarded beyond belief

>>21477541
>>21477598

>>21477685
bitmex LINK pair would be fun, i don't want to short on binance

>>21477837
The normies are here with their twitter gifs, biggest sell signal I've ever seen.

>>21477541
You just wait and see.

>>21477785
Will you do a hero when LINK is first?

>>21477541
I would tell you why you're mistaken, but I want to see you remain poor

>>21477976
>a hero
/biz/ really is reddit at this point.

>>21477541
OK so you are obviously brand new...
Look into a little thing called etherium or bitcoin.
The whole crypto mc is about to explode.
Link at 1000 will still only be 3rd

>>21477901
Better to wait and place a short a bit late than early. The wick to the top can be massive. And check in /biz/ also, should get interesting.

>>21477598
Kek

>>21477598

>>21478033
why is about to explode?
everybodies grandma knows about bitcoin by now and didn't buy, why do you think there will be mass adoption?

newfags still think link is a blockchain lol

>>21477598
too based for reality

>>21477541
yes, 1000 is a meme but I can see it doing 80-200 in the next year if the stock market doesn’t crash and bitcoin goes to a new ath

>>21477541
>Tethers marketcap
Hahaha what? That's not even a real thing. That's literally just a counter of how many tethers they've printed. They could type eleventy zillion into their computer and that would be the "market cap" of tether.

>>21477598
Holy based

>>21477785
kek I remember getting told this at $0.17c, $0.21c, $1... you get the gist

>>21478197
Unironically more than enough if you just want some quick gains

>>21477598
Op=FAGGOT. Correct.

>>21477638
50x anon. $1k is only another 50x away.

>>21477541

ya but the marketcap can change too brainlet. look at the chart a few threads over
>>21477783

>>21477919
They only have like 25 link on so.

>>21477598
I raise my glass to you good sir

>>21477598
Based.

>MUH MARKET CAPS
FOURTH
INDUSTRIAL
REVOLUTION
OP
IS
A
FAG

>>21477541
Chainlink is well over Tether, it's valued at 20 billions dollars. People buying right now don't even know what a marketcap is.

>>21477541
Never underestimate the power of normie attraction and money, a normie is happy with a 2x. They will put in a few hundred on the coin even when it's worth 5000 if they think it can replicate BTC levels.

>>21477598
fpbp

but seriously who would buy right now

>>21477541
Oh no I'll only be worth $14 million!!! Whatever will I do

>>21477598

>>21478140
Well quite simply, the last explosion was because the news and normies were talking about it constantly.
The dumb money moves in droves that are directed by something. Right now they know about it, but aren't really being directed to buy it like last time yet.
Once that happens, the marketcap goes apeshit again.

>>21477598
lmfao

>>21477598
There he is the officer, the man that was being giga based on biz!!!

>>21479513

me, pls no bully

Yeah, Bitcoins CURRENT mcap. I've seen the stupid shit crypto can do during a bullrun. 1K LINK seems unrealistic but it wouldn't surprise me. XRP almost flipped BTC at one point.

Isn't there a low supply of link available?

>>21477541
>FOMO
the chart will make the normies coom and they will buy

>>21479844
>XRP almost flipped BTC at one point
link did that already

>>21479921
nah sergay can make as many as he wants, its a TOKEN after all not a crypto

>>21477598
Based member of the /biz/ research and developement division

>>21479844
This!
I was really surprised by the recent continues pump on link, and triple digits next year looks real now. And with enough fomo and exposure even 1k does not seem like a meme anymore

>>21479513
normies who read that this is the new BiTcOiN and have $20 left in their bank account hoping they'll make it

>>21477598

>>21477541
>only $625.71
>only

>>21479513
Who would buy bitcoin at 11k when it was 3k last year?
Why would someone buy gold at 2k?
Why is a house that was worth $150k in 2010 worth 400k in 2020?
Why is a Charizard pokemon card worth >$1000 on ebay?
Why do Australians pay $18 for avocado on toast?
Why do people pay for onlyfans when pornhub is free?

>>21480802
why are you comparing a shitcoin to all of the above??

>>21480952
Onlyfans nudes and avocado toast are more of a shitcoin that dogecoin and XRP

>>21479572

Not to mention this time there are numerous blow off valves for capital to fly into and help sustain a parabolic growth scenario for DLT as a whole. You weren't able to borrow against your stack as collateral into a basket of stablecoins used as an automated market maker and arbitrage vehicle for 400% yield. Until those opportunities leave the ecosystem, it's going to be straight the fuck up with or without bitcoin. Given these parameters for the bull run, this time really is different.

>>21477541
Buddy, this has a chance to go much higher.

When there's traction with meme stock/crypto's, it rises EXPONENTIALLY. See Tesla, See Kodak.....FUCKING SEE HERTZ.

The amount of retail investors from all economic backgrounds have grown immensely. People are staying inside....gambling on random stocks/crypto. When they catch wind on meme assets....it will rise above the heavens.

>>21481853
See deez nuts boiii