/biz/ - Business & Finance

probably the best idea desu, don’t think it will ever reach 1000

no brother of mine sells
die

>>21557620
What a faggot

>>21557620
Go back

>I betrayed you all for my own benefit, please wish me luck

>>21557620
You played it well fren. Anyone with a 50k stack or more should have taken some profit. Let that 10k ride see you in 2 years

Take 20% of your LINK and put it on Bamboo Relay

https://bamboorelay.com/trade/LINK-WETH

Exchange that LINK for WETH!

Now put that WETH in TRANQ

https://bamboorelay.com/trade/TRANQ-WETH

Now wait a few weeks until TRANQ hits Idex and take massive profits.

See here
>>21276858
>>21276858

>>21557620
why dont u post proof u larping faggot?

>>21557620
I have massive respect for you. Finally someone with some sense on this shithole.

>>21557620

>50 BTC and 900 ETH

you're already rich faggot, clearly it's the right idea to cash in a vast majority of your LINK

>>21557735
>betrayed
Any coin shitty enough to collapse from selling 0.017% of its total supply is not a viable investment

>>21557745
FUCK OFF GET A FUCKING HOBBY

>>21557620
well yeah, if all you need is a 5x to well and truly make it at this point there is literally zero reason to be in LINK. You can get that with daddy shitcoin by EO2021 with about 1/100 of the risk.

Everyone will call you faggot right now, in a few weeks you will probably look like a genius. Even if LINK dildos straight to 100, who cares. You'll still make it within a year regardless.

>>21557738
>Anyone with a 50k stack or more should have taken some profit
Especially if they are a retard. oh wait, I mean only if they are a retard

>>21557620
one by one the big hands fall. this is how we reach new highs.

is this the exact moment a whale flipped link for btc

>>21557620
people will call you faggot, but if true I dont see how you could really argue with your logic

>>21557620
You made it anon, godspeed.

>>21557620
You absolutely did the right thing. Don't let these faggot nulinkies with their sub500 stacks tell you otherwise. The fact you held on this long is a miracle.
10k link will still be 10 million someday.

>>21557620

anon when link reaches $30, then $40, then $50 youre gonna be kicking yourself

>>21557620
I lost 60,000 with the price drop. I briefly thought about selling a little, but didn't actually make any moves to do so and ended up ignoring it. Looking back on it I'm a little disturbed that I didn't strongly consider it at all, that's losing a year's salary after tax in an instant, and almost no reaction.

>>21557620

It's going back up though - should have held and holded.

>>21557620
As somebody with the same totals back in 2017, I wish I made the decision you did. Considered selling when I dropped to 1.2MM but didn't do it. Don't feel guilty about it even if it goes up.

>>21557620
lol weak hands

>>21557982
in your dreams, link is dying, and even if it go up again it will go to 24 usd tops

>>21557620
You're not my friend and never were faggot

The plan was always steaking for me, a monthly deposit to checking is always better than a lump sum. I expect more upward price movement since steaking isn't even available aside from scam site like crypto com that doesn't even use it for nodes. I have a couple ideas for cashing out using tax loopholes and not actually selling any link, but that's as far as I will go. I have over 1mm usd in it but that's not enough to never work again. Maybe at 500usd I'd be tempted, but it's still pretty easy to hold for now.
It's sad to see you go but you're going down a different path now. Safe travels and hope that life treats you well. No shame in playing things safe.

>>21557620
Thank you, I was waiting to buy more

>>21557620
post proof and ill sell as well

>>21557620
Good on you m8, enjoy yourself. Gotta take profits at some point.

>>21557620
God speed OP. See you on the other side

>>21558117
and why is it dying anon

larp

all the people saying weak hands are prob retarded newfags

Look at all these le god speed faggots. Why do rebbitors love saying gods speed so fucking much. Its the most cringe thing i've ever seen anyone type. You faggot nigger plebbitors probably don't even fucking believe in god. Kill yourselves.

>>21557620
I wish I knew where you lived so I could congratulate you in person or send someone to congratulate you.

>>21558144
$1 mil of link staked is enough to stop working though. At a conservative 6% per year you will pull $60k passive income, which is a yearly wage for a lot of normies. Nothing to turn your nose up at, could easily just sit back and chill on that.

>>21557982
How though? I'll still be making $100k every time it goes up $10. If $1000 is FUD, then that means I've still got tens of millions of future dollars in my pocket. Meanwhile, I've got BTC and ETH chugging along with their stock-to-flow boomer gains. If LINK fails I win, if BTC and ETH fail I win, if none of them fail I win twice over.

I made $300k out of $10k in 2017 and rode it back down to $20k and I can't let that happen again, especially now that I literally have a retirement stack. I can live off 4% of $1.2MM annually forever. I'm not letting that out of my sights.

>>21557738
you let the 10k ride after we're into triple digits. this shit literally just started. how the fuck do you hold for years and sell now? when the bull market is just starting. Its because OP is weak. He sees those numbers on the screen and succumbs. NOT ME MOTHERFUCKER I AM NEVER FUCKING SELLING. EVER.

>>21558268
partnership with google turned out to be fake. Only a manner of time before more partnerships do the same.

>>21558344
>In minecraft

>>21557620
i know, we saw your transaction on whale alerts in telegram. you're gonna hate yourself when link is 300+

>>21558379
cause its a larp

>>21557620
...................sorry fren, we'll go on without you and remember your sacrifice

>>21558382
this fud is bullish as shit

>>21557620
You did good OP
Any details was there really a 500k sale off ?
I tried to convert my 2500 stack to BTC at 17.00 coinbase would not let me. Probably better off now that it looks to be stabilizing
I want to sell off, but I'm FOMO like a bitch

>>21557620
You made it and didn't sell everything so you're cool.

>>21558361
Exactly, the only problem is there is nowhere I can stake my link. Just scam bullshit where I don't retain access to my private keys. I am a bit prissy so I'd want closer to 80k to at least match my job not including overtime but I'm feeling pretty comfii for the upcoming months. This shit is going to be my retirement, whatever I don't spend is funneled into boomer mutual funds so I eventually have some redundancy and an even fatter check for lifestyle inflation once I'm in my 30s and 40s having developed a taste for cigars and ski slopes.

>>21558574
It's 500k volume on a minute candle on CB. Whether or not that was all bot arb based on something going on on some other exchange, I wouldn't be the expert to ask.

>>21558382
google partnership was something that anons themselves stated not Link so the market as a whole has no reason to doubt the coin

didn't read/not buying

There seems to be another whale inbound 104k links moving to Houbi

>attention everyone i sold early

no one cares fag
go back

>>21558755
>104k a whale.
Lol. You pajeets really need to make different copy pasta for different platforms

>>21558412
If you're being serious, I doubt you saw me because my LINKs have been sitting on CBP for about a month now and I sold off in quick 1000 lot limit sells, not a market order. So there was at least one other marine heading for the exits at the same time, or at least contemplating, if what you say is true.

>>21557789
I think he means the 50 900 was from his link sale

>>21557620
Based if not a larp. I should have done the same during the 2017 bullrun.. But I got delusional from the insane gains... Could have been retired by now..
I'm back up to $900k now. Need $2MM to feel like I'm set for life.

This is a jew fud thread. Look at all these jews trying to get linkies to sell. Also no proof op sold.

>>21557620
Wait so you didn't cashed out, you went into eth and fucking btc instead? Don't you realise they're even more risky? Please do yourself a favour and buy back your stack if link lose in sats and in vitaliks in the next few days

No hard feelings fren

>>21557620
Bravo.

>>21558963
how are they more risky than link in ANY fucking world

>>21557620
Nice try Rajeesh. Not selling.

>>21558375
That's reasonable, I would probably have cashed out a good third of my stack if I were in your shoes.

>>21557620
Idiot. Wanna guess how many 30-40% pullbacks BTC has between $500 and $20,000?

>>21558963
Yes, well, consider:
>Dollar is disintegrating
>Bonds have negative effective yield
>Stocks are ATH
>PMs are ATH
>Real estate is ATH
>LINK is ATH
>BTC and ETH are 50% of ATH, have deflationary appeal, and have a narrative around them that they are long overdue for a new bull run

They are risky but everything seems risky at the moment. By sheer dint of people looking for assets that don't look comically overbought, I have an expectation that money will credulously begin to pump into BTC and ETH in the next year. There doesn't have to be any reason other than everything else looking overbought and people looking for gains. Fundamentals be damned, although ETH has good fundamentals (BTC not so much).

BTC and ETH

>>21559005
More inflated, older, more likely to get replaced by something better one of these days.
Already got media attention, went way up and crashed, burning normies.

Crypto as a whole is risky as fuck, there is no saying a new bull is actually going to happen. Might as well invest in fresh stuff still under most radars until very recently

>>21558882
btw. all the people telling you you're dumb have no risk management and/or are nulinkers who need link to (at least) 10x from here to make it

I remember a guy from a crypto chat group I was in in 2017 who sold all of his ETH stack (1000+) at $700. Everyone was laughing at him as ETH reached $800, $900 and $1300. The same people who told him he was an idiot for selling at $700 were talking about ETH to $5000 when it was trading at $1300. Maybe a couple of them sold some on the way down, but most of them never sold (including me). At least not above $700. Some of them probably capitulated at <$300 during 2018 and 2019.

You can't time the top. And it's really fucking hard to sell if/ when you're down 30%+ from ATH. The fear of missing out on a bounce is too big and you get greedy.

>>21559234
>And it's really fucking hard to sell if/ when you're down 30%+ from ATH. The fear of missing out on a bounce is too big and you get greedy.
Very true

>>21559133
Yeah I've think some more about it and I think you did pretty good. If I were you I'd have kept more link and cashed out some cash to buy real estate and renting, but your strategy might prove better, time will tell

>>21557620
Not sure if best idea but if it makes you less stressed out

>>21557620
they expect one of us in the wreckage brother

>>21558361
That's more cash on hand than the vast majority of people will ever have. You can invest it conservatively and NEET your life away if you like.

>>21559133
BTC is useless dinosaur coin waiting to die, ETH will have shit gains compared to LINK

HAHAHHA LINKIEESSSSS

>>21559234
Yes I had that experience perfectly on 2017/18. My 'ATH' portfolio value was always, to my mind, my 'real' portfolio value, and the fact that I was down 20% just meant that I needed to wait for reality to correct back to where my real value was supposed to be. And selling below my ATH value would be an admission of defeat in some sense. So I never sold at -10%, -20%, -30%, -40%... rather I just became ever more stubborn about never selling.

>>21559234
True too. Best thing is to DCA, but in the other sense if you catch my drift, when you get the slight smellbofba top you cash out 1% per day for exemple

>>21558361
>6% per year
>conservative
Niggers, the whole point of blockchain is to bring the cost of trust asymptotically to zero. Once this shit matures, staking rewards will be fractions of a percent. At first they'll be a couple percent or so, which is why it will be so lucrative at first -- you'll be making several link per month by staking a few thousand. And those several link will be worth shitloads once the smart contract economy matures and most link is locked up in smart contracts to collateralize the trillions of dollars secured by the network. THAT'S why staking will be so profitable, because you'll actually make whole link to begin with and the appreciation of the asset will eventually mean you'll have been paid thousands for an API call. Once everything matures, your 10k staked link will return fractions of a link per month

>>21559234
this is true but also look at the market environment now versus then, look at eth and btc price. Yes selling now is retarded

>>21558144
What's the unwind strategy fren, asking for a friend

>>21559452
you sound gay, your post doesn't make any sense

>>21559412
Yep, that's exactly how I felt too. If I had cashed out when I was down 30% I would still have had a ton of money. But like you, I became extremely stubborn and refused to sell unless I got back to ATH..

btw. I'm not trying to fud link. Who knows, maybe it really will keep mooning from here. But if you've made life changing money from crypto the smart thing to is to take some profits. The pain of losing 75% of your 500k portfolio is FAR greater than missing out on a 75% pump (and you probably wouldn't be able to time the top).

>>21559523
Reading comprehension's not your strong suit, huh?

>>21558853
>>21557789
Yes sorry, I was (almost entirely) all in LINK before this. I used the proceeds of selling 60k LINK to buy the 50 900. Only other crypto I had was 100 XMR in a paper wallet from some time ago.

>>21557620

>>21557620
Man the Zeus Capital fud campaign just keeps on getting more desperate. DR;NS. Already burned my wallets seeds. Can't wait to ride from $81k to zero.

>>21557620
based chad. congrats on your success homie. any plans on what you're gonna do with your money?

>>21557620
Well played fren you made it!!!

>>21559452
>eventually mean you'll have been paid thousands for an API call

this is literally what link tards believe lmfao

>>21557620
godspeed triple-A boomer. you will live on forever as a screencap in my chainlink folder.

>>21559697
In my ideal scenario, crypto bluechips moon hard in the next 1-2 years thanks to a combination of money printing panic, people searching for well known assets to invest in that aren't already in psycho bubbles, and the simple narrative that crypto is due for a new bull. Hopefully traditional equity and asset bubbles pop in the meantime and I can e.g. ride BTC and ETH for a 5-10x and then divest most of it into heavily discounted stock ETFs and cheap real estate. And of course LINK moons to $1000 because I am still invested in it and would like to see it succeed.

That's very ideal, of course. I am worried if crypto goes up too fast before stocks and real estate have a chance to collapse, or if they simply never do collapse, I'll be stuck in a dilemma where literally everything is overbought and I'll have no idea what to buy. I probably will just hold onto my BTC and ETH and hope for the best in that case.

>>21559486
Non-recoursed debt. I don't expect to be liquidated on a loan but I can faux-cash out and buy other shitcoins or whatever. If worst comes to worst I would have held and lost that much and still had to sell causing a taxable event. In this way its not considered income of any kind, it's just a loan where I got repo'd. Sure the dump and penalties leading to it exceed what taxes would have been, but I don't think we're going down and I'm petty enough to eat a loss if it means uncle Sam gets nothing.

>>21559908
Great plan. I was talking more about lifestyle and luxury choices though lol

>>21559452
Can I know the spot price of gold
Sure thing mate that will be $1000

>>21559908
Safe 4% withdrawal on $1.0MM (after tax) is about $40k a year. No lambos but my current living expenses are barely $2500/mo so I should be able to sustain my current QOL on this.

I will likely keep working until BTC and ETH go up a little more and begin to better confirm a bull run, as I don't want to quit my job just to get rug pulled.

>>21560322
meant for >>21560111

>>21557810
That is his hobby

>>21559732
Yes, we're saying that eventually the 1B link tokens will be collateralizing many trillions in value, necessitating a token value capable of hitting whatever percentage of that value the market demands. My guess is 10%.

So if smart contracts capture, say, 10% of the multi-quadrillion derivatives market, the value the network would be securing would be in the hundreds of trillions. If the market demands collateral of 10% from node operators, you're now looking at a LINK token so in-demand that anyone with LINK to sell gets to basically name their price.

You think the memes about LINK making us the new elite were just for lulz? Anyone capable of holding this long enough (20-30 years, if not more) will control more value than anyone currently living can fathom.

>>21560261
Nolinkers are truly retarded.

By the time LINK is $1k, a low-value API call will be 0.00001 LINk

>>21558375
>I made $300k out of $10k in 2017 and rode it back down to $20k and I can't let that happen again, especially now that I literally have a retirement stack. I can live off 4% of $1.2MM annually forever. I'm not letting that out of my sights.

I was 550k from 12k in 2017 and rode it all tbe way back to 100k, in recent days im 482k. I hold out wreckless hope this stack gets to 1mm, pray for me

>>21560504
No one can blame you if you sell some of your stack. You'll almost certainly regret it, but we're all just human

>>21557620
HAHAHA I'm 12 and a millionaire like lil wayne, boomers ENJOY your honda civic you dipshit, NEVER FUCKING SELLING, GASS THE KIKES AND THE NIGGERS AYEEEEEEE

I’m pretty sure, link will do what TRB did. Drop then reach a new ATH.

>>21557650
This. Oldfags deserve the payoff and any newfags who got in sub $10 are still in the green for a little profit. Overall good run

>>21557620
same, fren. Ocean Protocol and silver.

Hodl the rest. We're nowhere near done.

>>21560039
Once you get liquidated it is considered a taxable event and the borrowed money as income.

>>21559452
This is why I will eventually sell a majority of my link, I think the returns for staking are being wildly overestimated in the long term

>>21558503
this

>>21557620
>>21556784
LINK Jesus sold; everyone get out until this drops to $6.

THEY CALLED US STINKY
>NEVER FORGET
>THEY WILL REGRET

never feel you made an unwise decision. may you enjoy the peace of mind you have purchased for yourself.

>>21560658
Not according to everything I've read. It's a loan that was payed back. Non-recoursed debt in not taxed. Do you have any links on the subject though? I've been looking but can't anything that says a loan is income.

>>21557620
I hope you're old as fuck or in a shit hole country because a million dollars will only afford you four years of middle class lifestyle in this day and age.

>>21557620
never fucking selling

>>21557620
you will regret that choice

>>21559452
I'm talking about 6% total per year, which of course would depend on how many requests your stake is facilitating.
Say I stake 10000 link, is 600 link per year ($10000) so unreasonable if I am putting down $170k as collateral? I don't think so.
Of course the number of actual link paid to node operators will decrease as the price increases and vice versa, but if the overall yearly payout from staking is not at least 3-6% of your staked links value, no one would stake link because you would get better returns with boomer stocks.
My actual bet is that when staking is announced, independent node operator rewards (and companies facilitating staking) will be paid with an additional 4-6% from Sergey in order to get as many people/organisations as possible running independent nodes, to try and limit monopolies forming.
I also think it is likely that multiple companies like coinbase and binance will offer the ability to stake link on their platform, however it will only provide 3% gains as they will take a % for themselves and provide insurance on the staked link.
Even these sort of gains, at a price of $20 per link, would allow someone with 1000 link ($20000) to stake for 30 link per year ($600).
10000 link ($200,000) = 300 link ($6000)
100,000 link ($2,000,000) = 3000 link ($60,000)

>>21561482
Everyone walks a different path.
I hope he doesn’t.
I hope you receive what you desire as for everyone here.

Only women seethe when others succeed.

Be a man, anon.

>>21557620
I would have waited until $100 desu. We got to $20 so easily off of nothing. Sell 50K at $100 and let the rest ride. Maybe sell 10K at 1000.

At least you didn’t sell your entire stack like that other faggot who hit $1M. That would have been unforgivable.

>>21561556
600 LINK per year would be unreasonable if the price of one LINK were in the thousands, or even hundreds frankly. Why would anyone use this new technology if the cost of trust is increased or even the same? If DLT doesn't deliver on efficiency gains, it won't be adopted, and LINK's function in the ecosystem will be adding to the cost of using trustless smart contracts. That cost must be less than the cost of trust today, or it's worthless.

Also, once nodes become commonplace and node operators develop systems that basically guarantee their nodes execute their jobs flawlessly, the risk to node operators drops close to zero. Why should someone get paid 6% for taking almost no risk?

>>21562143
>We got to $20 so easily off of nothing
What does this even mean? easily? off nothing? /biz/ is so full of fucking retards it's unreal.

>>21562379
You obviously aren't reading what I wrote. The number of link will decrease as the price goes up, but the price will only go up if the network requires it to. Link's price couldnt hit $1000 unless trillions of dollars were required as collateral, therefore if you have 10000 link, at $1000 per link, you are staking $10 mil. To get 6% returns, you need to make $600k. If you are facilitating 100 node requests per day, at $10 mil per request, fee's would need to be $16.5 per request or 0.0167 link per request.
You wont get 6% per request, that is fucking crazy. But you have to get between 3-6% for people to risk their capital on staking, and the capital has to be at risk, otherwise there is no guarantee that nodes will provide accurate information.

I unironically sold my fat stack (bought of ED pre-sibos) at $17.50 a few days ago before that normie candle to $19. I can now pay off all debt with a good chunk left over to jump back in once this has a healthy pullback. Or I'll just roll it over to BTC. Either way LINK and you fags helped me secure a better future for my family and for that I'll always consider you my frens. Godspeed to the OG marines still holding.

>>21557620
congrats anon, hope one day it will be my making post too

>>21562703
Therefore actual returns per request, if facilitating 100 requests per day = 0.0000275%.
This would net you 6% of your total capital per year.

>>21557982
dont get too greedy, he sold some and kept some and can now retire. It is the way to go

>>21562489
Is LINK being used by institutions right now you fucking faggot? Stay poor kike

>>21562794
Sorry, wrong calculation.

This might make it a bit clearer.

>0.000825% of $2 mil = $16.5
>100 requests x 365 = 36500
>36500 x $16.5 = $602250
>6% of $10 mil = $600k
>1 link = $1000
>1 request pays $16.5 = 0.0165 link

>>21562489
kek you’re unironically the retard if you don’t understand that

>>21557620
Congratulations on securing your gains and making a smart financial decision. Will you buy back in at x price? Mine would be 10-12, but dr:ns.

>>21562703
So you're thinking the nodes you stake on will be providing data to high-value smart contracts 100 times per day? There may be some contracts like that, but I'd imagine they'd be the exception rather than the rule.

If we go by my 10% collateral estimate, then $10MM would collateralize $100MM in underlying value. You're proposing that whoever's running that contract will be spending $1650 per day *per oracle* for data. That seems way steeper than the cost of trust currently, but I'm just guessing at numbers like everyone else.

And as far as risk goes, staked LINK isn't inherently at risk unless you're a bad actor or you haven't fine-tuned your node. Initially, people will lose LINK from penalties while they figure out how to ensure they don't. Once they do, risk drops to very low, and all they have to do is provide the data that is requested at the time stipulated in the contract.

>>21559344
>they expect one of us in the wreckage brother
kek

>>21559344
based

>>21563220
No, what I am saying is that the cost per request would be $16.50 if the $10 mil of link staked was collateralise $100mil. If not, what incentive does the person providing the $10mil collateral of link have to stake it? I'm just saying that if you are not getting at least 3-6% returns on the total amount of link you have staked per year, you would be better off just selling it and putting your $10 mil into blue chip stocks.
No one will stake their link if they aren't getting at least moderate returns. To me, the cost of $16.50 per oracle, for a $100 mil transaction, with $10 mil link staked against it seems reasonable don't you think? Hell if I was the person transferring $100 mil, I would probably pay between $1650 and $16500 to make sure my contract succeeded, this would ensure between 100 and 1000 separate oracles to confirm my data. Of course it gets hard if there aren't multiple large transactions happening per day, but what I believe is that for the system to work, there has to be the incentive for node operators to stake link, otherwise no one will do it and the technology will fail. Imagine if you are only getting 1% returns on your capital. What reason would there be to not just sell the link and put it in a term deposit for 1.5% returns? Returns need to at least beat inflation and ideally match/or beat Vanguard ETF yearly returns.

>>21557620
we love you, marine. we'll be here and your boomer ass can watch us make it and fuck up and everything inbetween

>>21557620
>Just can't afford the risk of being all-in on LINK anymore.
thank you for your sacrifice
we will use you as fuel to continue our ascension
your link tokens were RIPPED from your hands, and you have no idea

however, you cashed out a lot of money so you're going to be fine
you'll see though, that you could have had a lot more if you were more patient and less emotional

>>21559344
>they expect one of us in the wreckage brother

>>21563639
The people staking LINK once all this plays out will be the several dozen mega corps that have and control all the data. They will eventually hold it all. How long before we sell it to them becomes the question

>>21563702
lmao I know them feels. I swung on this last dip and when I was gonna buy back in, fucking pizza man showed up and then my daughter was having a break down. Bought back in at like 10 cents cheaper than what I sold at. So, lost like 8 linkies

>>21561073
its literally 3-4x as easy to make another mill with 100-200k than it is to start with 20-50k
this guy is set if not larping

>>21561073
>250k per year to live a middle class lifestyle

top kek

>>21563639
Lets use lower numbers for example. It gets messy when we think too big. Say chainlink stabilises at $15 after staking is released.
I have 10k in link, at that point worth $150,000.
I choose to stake my link with coinbase, who offers me insurance on my 10k link and a 3% per year return (adjusted to current link price in real time). Coinbase will be able to use my 10k link as collateral for up to $1.5mil transactions (using your 10% collateral theory). In return I would receive approximately 300 link throughout the year worth $4500 at $15. As the price fluctuates throughout the year the number of link paid will increase and decrease as my link stacks price increases or decreases and is used for larger or smaller transactions.
If I didn't receive at least 3%, why wouldn't I pull my link from coinbase and sell it for a cool $150k that I could re-invest elsewhere? Unless your betting on people speculating on price increases keeping their link staked indefinitely at a % loss against inflation and the general market.

>>21557802
Only like 6% of link coins are available so they will prob release more because of this to gain stability

>>21563978
Because staking will literally be printing money. They return will be minuscule because there will be so little risk. At first, maybe not. As i mentioned earlier, it'll be messy in the beginning, people will lose like to penalties. But as we get to be better node operators, there will be safeguards built in and services to guarantee perfect uptime, so the risk of providing the wrong data goes nearly to zero. At that point, it's a race to the bottom, price-wise. Node operators will just lower and lower their prices to get selected for the jobs. And this is as it should be, the service should be cheap as hell. Otherwise, it wouldn't really be revolutionary.

I still think I'm right, but i enjoyed our convo. Happy trails, fren. See you on the moon

>>21563789
This is what I think as well, but I believe there will be corporations which will allow people to stake link through them, because why purchase the link outright for upfront capital when you can just pay a lower return then what you are receiving for the data requests. Its a win-win scenario.
I think the idea of individuals operating nodes are pipe dreams in the long run. But staking through a company? I am counting on that happening. Though you are right, some larger corporations will just horde link themselves so that they hold the monopoly on the really big transactions. How the price will adjust for this, I am unsure.

>>21557620
Smart move. Link is on its way to $0.10... token not needed json parser.

>>21557782
This. Biz nowadays is full of newfags and delusional nulinkers. Reminds me of the normies who bought LTC at 300$ in 2017 and screamed hodl while watching it drop 80%

>>21563789
>How long before we sell it to them becomes the question
minimum $10K per

>>21557620
You got your profit and made it. No shame in that. Linkmarines are drones. Enjoy your paycheck, you earned it.

>>21557620
>no proof of sells
>this many replies
fuck you /biz/

>>21564263
YES IT IS EXACTLY LIKE THAT YOUR DEDUCTIVE REASONING SKILLS ARE WORLD CLASS

>>21564131
I have enjoyed it as well. Nice to see alternative opinions. I just feel that if node operators (the big corporations) are not getting at least modest returns for their service, they will just stop providing it and sell their link. Nothing is stopping them from doing that. Suddenly the price of link would drop and it would be unable to collateralise the big transactions, meaning a loss of more returns and therefore the capitulation of the whole system, or until only 1 company held all the link and therefore the system is no longer de-centralised.

>>21563219
I am perfectly happy to hold onto the remaining 10k LINK to either $0 or $1000. If it dipped very fucking hard back to $6-$8 I might consider doubling back up 20K.

>>21557762
>>21558281
>>21558430
>>21558882
>>21564345
Not a LARP. Several pages more of these, including my other BTC and ETH buys. My other $70k is spread between an XMR wallet and a separate metamask with some ETH and LINK in it.

>>21564263
Yep. OP made a good call. Personally I thought we would hit $20 and stabilise there, where I would have sold around 25% of my stack, but unfortunately I was too greedy and waited too long.

>>21564461
Well done

rich fag well done. You made it.

BTC: 3LVsbF64FWHsqQdhzAyabmBs22fDsBknNR

>>21564461
>buying BTC at the recent top
You should have waited a week before buying back in.

>>21564461
That's pretty good man. Nice cool $1mil. You not worried about paying the tax on that though, seeing as you transfered into BTC and ETH? I would be worried that they might shit the bed before this time next year and you could get stuck paying tax on money you don't actually have on hand.

>>21564345
>/biz/
>frens
>gods speed
>get this man a ____
>you mad lads

This isn't /biz/ anymore, its 100% reddit.

>>21558015
numb to it all at this point

>>21557620
DIDNT. READ. NOT. SELLING.

>>21564725
You're a one hundred percent faggot so head on over you'd fit right in

>>21564461
pretty based famalam. wish you well

>>21557620
>t. Eternal newfag

Just rolled all my link into Tezos on Coinbase to bake and I’m forgetting all about Crypto for awhile. Just lost $500 on this bullshit buying at the top. I’m done playing these games with real money when some retard can just dump on us and ruin all the gains for nulinkers.

Hope the greedy faggots enjoy the inevitable ass-reaming from the government when people who got bitten way harder than me start suing and making a fuss over losses on a largely unregulated trading network for what they think is “Dark Money”.

>>21564698
All the LINK was LT cap gains with an average basis of about $3, so I will need to end up paying about $150-200k taxes in 2020 at an average rate of about 17%. It is still riding in BTC and ETH for now, like I've laid out before, I honestly consider crypto bluechips to be a safer store of value than anything else including cash for the next 1-2 years, certainly safer than cash. It may fuck me in 2021... I guess we'll have to see.

>>21564982
i might do something similar to you but i'm certainly going to wait untill link is top 3 to do it. Ripple is a total vaporware shitcoin and until Link supergrasses it I'm gonna be mostly in LINK. Also there are stock blue chips I would consider.

>>21564725
this, this entire thread is making me feel fucking sick. god damn it man, cringe

>>21564865
Lmao

>>21564982
Makes sense. I guess im probably a bit more cautious. I would probably at least take out enough capital to know that I can cover my tax. Wouldn't want to end up in prison because of this sort of shit. Though I suppose, worse case scenario, if BTC and ETH price dumps, the capital gains loss would offset your link gains, so you would probably still be ok.

>>21565301
Quite true, I would just need to lock the losses before year end. But I'd have to keep the funds out of crypto for a month to avoid wash trading rules, which would suck dick to sell low and then have to hold cash while it rebounds.

>>21557620
Am I the only one that sees "AAA" in his ID?

>>21563789
>How long before we sell it to them becomes the question
hold until you can buy them
become the netflix

>>21558327
*nods respectfully towards you* Godspeed.

>>21559344
AA Id

>>21557620
Told you all. A million dollars is a million dollars. Just the bragging rights of being able to call oneself a millionaire is enough to make your hands itchy as fuck, no matter how big your stack. Not the first or last time well see this.

Also remember my 2nd prediction, there are people on this board with sub 4 figure link and diamond hands who will profit more from it than someone with a 10k+ stack.

Cap this post. Dont @ me.

>>21565408
Yea, this is what always stresses me with cashing out. Tax rules are proper fucked. Should really just be when you change into fiat so that this sort of shit doesn't happen.

>>21565698
He literally has a million dollars AND 10k LINK that he probably acquired below $1.00. He is so made that he never needs to worry about selling his make it stack. Some 3-figure nulinker who bought at $15 is never going to make more bank than him.

>>21564461
Based. Don't let the stacklets get you. Get some XRP.

>>21557620
Ok, Boomer.

>>21564461
Did you sell in 1K chunks or sell a bigger amount that got bought in smaller chunks? Trying to figure out how to sell when the time comes.

>>21565998
I sold in 1k chunks only because I threw up the whole stack at once on the sell side and realized I'm just chasing the price away with my wall. So I made bite size sells over the course of 30 minutes or so instead.

>>21566065
Holy shit you're retarded.

Laughing at all the seething nulinkers realizing they're buying the top

>>21557620
While you will no longer have the wealth of a small island nation if LINK moons to $1k, you will still have a LOT of money to throw around and your risk assessment is overly cautious but still very sound.

Congrats on making it.

>>21566161
sergey blessing his marines

why?

>>21557620
>but I'm going to have to rely on mostly boomercoin gains from now on
immagine thinking boomer coin will outperform chainlink

>>21557620
>Turns out I'm too much of a boomer to ride the lightning any longer though
Bu the way I would have sold just like you if Ya'd had 1.4 millions But I wouldda've stayed in usdt and not in BTC

>>21566267
>imagine thinking boomers who are running the show are going to let you control smart contracts

I wish I was OP except for the gayness.

>>21557620

>>21566295
That’s what I don’t get. He’s risking it all still. BTC and ETH could dump massively out of nowhere. I get cashing out to USD or Tether but you still don’t have a penny OP. How is the exact same level of stress not there?

>>21557620
nice fud, post etherscan or it didnt happen

I sold 0.6% of my stack today and feel like a fraud for doing so

>>21559908
are you going to pay tax on the link/btc and link/eth transactions? are you keeping it all on an exchange or a hot wallet or cold wallet? are you going to use any of it to buy other things like pms or real estate? do you have an accountant or cpa to assist?

>>21566450
>That’s what I don’t get. He’s risking it all still.
I point back to the post I made here: >>21559133

I consider cash at least as risky as BTC/ETH given the state of the FED printers at the current time. And everything else is either at ATH or provides guaranteed negative yields. So, I think of blue chip cryptos as the least worst place to put this money for the time being.

>>21566666
Ch-checked...

>>21565418
What exactly is that pic supposed to prove? 90% of people in crypto will never make a profit, he is one of the few who will.

.

>>21557620
Wise but still a weak handed faggot

>>21557620
WE WERE ALL SUPPOSED TO BE IN THIS TOGETHER

>>21566666
checked.

>>21557651
Based

>>21566065
You fucking utter retard. LINK is the ETH of this bullrun. Sure it might dip to $5 this year after hitting $20, but guess what, that’s exactly what ETH did in 2016. You dumb fucking cunt. I hold 120k LINK and will not sell a single LINK until May 2021 when it’s at $300. You fucking simpleton.

>>21567235
show proof of stack. I bet you don't even hold 1k.

>>21564865
Absolute brainlet

>>21567301
That’s my first buy. About 500 other entries that I’m not bothered to cap and post.

>>21557620
if not a larp, you deserve the rope anon
https://www.youtube.com/watch?v=MIyBFNjc1kY
its monkey season

>>21564263
How do i buy link, do they accept mastercard?

>>21567713
Your song sucks fucking cock you zoomer faggot piece of filth.

>>21557620
Let’s see that sell order

I just want to thank all you gutless faggets who sold your link. Marines were a meme. Thank you for allowing me to buy your coins durin this dip. I can’t wait to watch you all cry your eyes out over the next few months.

>>21557620
You did the right thing man, it's too stressful to be all in.

Wtf fellow cultists I was assured if I gave up my life savings in exchange for the links I would be guaranteed a ticket on a magic rocket ship "1KEOY" piloted by our cult leader "big Mac"

>>21558015
i can't wait until it drops down to $10. The red wojaks are gonna be delicious.

>>21558144
what kind of millenial faggot are you to never want to work again? a man who doesn't work is like a woman without children, its an abomination.

1m is enough to start your own business and only work for pleasure you dumb fuck. You're gonna kill yourself when it goes back down to $10

>>21558015
These pumps have fried my brain too anon. I've been burned too many times trying to swing, and I just can't bring myself to do it anymore.

>>21557620
OP can you send me some btc or eth? I'm poor

>>21558015
A 1 dollar drop and you're freaking over. You are never gonna make it. You probably paid hundreds of thousands for your stack too. Pathetic.

>>21566666
Cash isn’t going to lose half of its value in the next 2 years. ETH and BTC crashed in 2018 to less than half of what they are now. That crypto is somehow more stable now in your mind is baffling. I will never touch BTC or ETH unless it’s to pick up a few to hedge my LINK stack down the line. But if I cash out my Linkies it will be going straight into USD and then into super conservative and time-proven investments like bonds and index funds, not into some other volatile as fuck crypto holds when it’s still the Wild West in the blockchain space.

You have a million bucks man. You’re thinking like a gambler still. You could lose a huge chunk of your gains so fucking easily. Not trying to fud you, I just want everyone to make it and trading your LINK for bitcoin and ethereum instead of cash seems needlessly risky to me.

>>21568447
Samefagging but I guess my issue is you could just take a million and keep your 10K LINK and be so fucking set but instead you’re risking that million in the same space that has crashed heavily in the past. What if all of crypto crashes hard? You’re fucked. Diversify your shit out of crypto and keep your 10K LINK

>>21568034
The eternal wagie in all his glory here. No concept of building something great, all he knows is chasing a paycheck. Pathetic.

Imagine thinking you’ll be able to retire comfortably with dollars lololol

Enjoy being poor OP

>>21560426
Sure thing kiddo, and Sergey will have as much money as the Rothschild family, the British royals and the pope combined.

>>21568807
Isn’t sergey like one of the top 200 richest people alive already?

>>21557620
Best of luck to you, fren! I will see you at the top.

>>21557955
>did the right thing
>expects link to go up 50x still

This place is becoming infested with retards like you. Also, fuck opie for selling.

Fuck memes and this website. The US dollar is not going away. When you have the chance to cash out Internet tokens into more real money than you put in, do it.

>>21558382
>partnership with google turned out to be fake
The blog post that GOOGLE THEMSELVES posted was fake? Wow that Sir Gay really is an impressive scammer.
Fucking idiot. You can't stop yourself from being priced out of link, or stop yourself from remembering you could have made it by now if you were just a little bit more intelligent, so you keep desperately hoping those smarter/richer than you will lose money. You are a bitter little man and you will not make it until you fix your attitude.

>>21569505
>bitter little man
KEK, Based

>tfw only 8k linklet but will make it unlike weak handed cucks like op
feels good man

I'm riding this fucket all the way to the sun
81000$ EOY

>>21566347
>>imagine thinking boomers who are running the show are going to let you control smart contracts
Yo gonna regret bra

>>21560426
I’ve been ignoring mostly ignoring crypto the past year, but if you’re saying I can throw in a couole hundred bucks and be a Rothschild in 30 years that sounds pretty rad.

Seriously though, should I move some of my btc into link instead? I have just a few grand worth

>>21566666
>I consider cash at least as risky as BTC/ETH
t. retard

>>21566666
>given the state of the FED printers at the current time
Inflation or deflation won't kick in all of sudden.. stop being a doomer

YOU ARE NOT A MARINE

>>21557620

>>21566666
>And everything else is either at ATH or provides guaranteed negative yields
SP500 / Stocks will be ALWAYS att all time highs because of inflationary nature of fiat money

ALSO THE INFLATION ADJUSTED SP500 KEEPS ON GROWNING UP BECAUSE OF THE NATURE OF THINGS.... POPULATION GOES UP, INFLATION GOES UP ----> STONKS GO UP

YO R MISSING SCIENTIFIC AND SPECULATIVE ASSETS TO BUY IN CHEAP BECAUSE YO R A DOOMER

TELL ME WHEN YO'R FAGGOT PRECIOUS METALS WILL EVER DO A ''TESLA''

>>21557802
Liquidity is so low because smart people have bought and stored off exchanges got the long term, hence why coinbase ran out.

I hate all LINK threads related to trading, if you're stacking and not gambling you'll make it so damn easy.

>>21557620
ive got 1.5M$ in link and im ready to lose it all to reach heavens.
it's either i mane it to the point of not sucking lifes dick anymore or fuck it and the ride was worth it.
you're a pussy. you wil never make it in life. thats not how you become extremely rich.

t.80k link

To be fair, you have to have a very high IQ to understand how Chainlink works.
Its superiority is only hinted very subtle, and without a solid dose of advanced autism most of the Lambos will go over a typical investors head. There's also Sergey Nazarovas very nihilistic outlook, which is deftly woven into his characterisation- his personal philosophy draws heavily from /biz/ shitposting.
The real frens understand this stuff; they have the intellectual capacity to truly appreciate the depths of this coin, to realize that it’s not just funny- it also says something deep about society.
As a consequence people who don’t trust Chainlink truly ARE idiots- of course they wouldn't appreciate, for instance, the genius in Nazarovs iconic catchphrase "Get in here faggot, we’re gonna save the blockchain," which itself is a cryptic reference to the Russian epic 'Crime and Punishment' or the struggle of life itself.
I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Sergeys genius wit unfolds itself on their screens. What fools.. how I pity them.

And yes, by the way, i DO have a QR Code tattoo. And no, you cannot see it. It's for the ladies' eyes only- and even then they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand. Nothin personnel kid.

>>21559133
>>LINK is ATH
mongoloids that sold before staking

>>21564461
which platform is this?

Yeah another anon who didn't do his reading and research. Imagine selling into BTC and ETH thinking that they're "safe".

>>21559133
>There doesn't have to be any reason other than everything else looking overbought and people looking for gains
Implying that bitcoin an useless shit isn't overpriced

>>21570559
Well, he has a point in the sense that the entire western world seems to be headed off a fucking cliff at Mach 3. Not that this would necessarily be good for btc either. Just saying, usd could be in real trouble as the shit continues hitting the fan for the forseeable future

I just tried to get back into LINK with my 6.1 BTC, but then realized that I had misread my entrance, and got back out with 6.04 BTC. :/

I'm out and staying out for the next few hours or days.

>that head & shoulders descending bear shrug on the hourly

mirin link jesus, congratz


im og like you but i fucked up

>>21558015
You fucking pussy I lost over 160k but this is crypto
You should have taken some if you haven’t got shit like a house sorted but that’s too much. Come back and cry like a bitch at $30 in September

I love the people saying OP is fucked for turning his sub $1 link for 20 bitcoin and hundreds of eth while also holding onto 10k link in case whales pump link to $40 only to dump on newbies who buy at $20, which ends up snowballing into a bunch of newfags panic selling crashing the price to $10 or below just for whales to repeat the process over and over. If you would rather 100k link over 20 bitcoin and hundreds of eth during the start of a bullrun are delusional. We see this shit every year. Remember when EOS pumped $0.48-->20 and people laughed at anyone who sold only to have it drop to $4 when btc crashed to 4k.

>>21571778
Oh shit he has 10k link,50 bitcoin,and 900 eth, kek anyone saying OP made a terrible mistake are beyond delusional because even 10 bitcoin would end up making him a millionaire as long as he holds. Good job op, congrats on being one of the 1% who make it.

>>21557620
This is it, right here. If you're new here and see all these old LINK Marines with their huge stacks, don't worry. Just like this Anon, they will sell when the time comes to retire early. If you have 100 LINK today, in 3-4 years you'll be in this guy's position. It's a wealth transfer that only goes up, especially with LINK and it's Meme Chaos Magic.
Buy any LINK you can and hold like this guy was holding, 2-4 years is all you'll need.

>>21571838
Oh holy fuck I wish I had that many bitcoin, op could hold onto eth until it pumps a decent amount and send it to an exchange you can use a vpn on and send the profit to a brand new private wallet, wait for btc to crash, use portion of eth gains for it each time.

>>21556784
Same here.

>>21557651

Makes sense.

Bagholders will seethe because they rely on nobody cashing out into the thin liquidity that exists

>>21570835
>And everything else is either at ATH or provides guaranteed negative yields
SP500 / Stocks will be ALWAYS att all time highs because of inflationary nature of fiat money

ALSO THE INFLATION ADJUSTED SP500 KEEPS ON GROWNING UP BECAUSE OF THE NATURE OF THINGS.... POPULATION GOES UP, INFLATION GOES UP ----> STONKS GO UP

YO R MISSING SCIENTIFIC AND SPECULATIVE ASSETS TO BUY IN CHEAP BECAUSE YO R A DOOMER

TELL ME WHEN YO'R FAGGOT PRECIOUS METALS WILL EVER DO A ''TESLA''

>>21572207
...and it keeps dumping.

>>21566666
wise decision bro.
also checked

>>21564461
Good Job man! Time to buy FTM, and 50x that money!

>>21572377
LOL all this from ONE person taking profit. Link could go to 100 and non whales will still panic buy at that price until its high enough for og linkers to sell most of their stack and hold some of it just in case like OP did. Risk management is always the most important variable whenever you ask anyone who has made consistent progress and gains.

>>21572441
What about this?

>>21572557
Smart people with buy orders sub 15 bc link is still going to 100 dollars at some point because link holders are very stubborn/patient. I am just saying link could take a nosedive to $5 or below and op will be in a perfect position to buy back in. When link hits 100 he has another million dollars.

>>21572640
smart people bought at 1.8$ five months ago for the same useless shit project nobody wanted to buy it then.