/biz/ - Business & Finance

lol $8 is fud now.

Why is biz acting retarded when it hasn't even broken the low?

>>21690564

Just wait...

>>21690623
$8 is fud, this is unreal. we seriously made it

Who are you?

I fuckin hope so. I've been dying to get my hands on cheap linkies.

>>21690695
The transgenders are trying to find the psychological anchor point so they can time their margin. It's not $8. But there will be more Oh Linkies posts until they figure out where they can dilate maximally off the rebound.

>>21690695
The chart does not look confidence inspiring

>>21690950
like it looks like a massive red dildo is comign at any moment. spooky

>>21690754
I'm with you brother, even if this goes straight into the ground.

It's almost, ALMOST, as if people are realizing this is a scam and are pulling out.

>>21690695
It's a mix of
> linkies fudding to make weak hands sell and panic back in later
> nolinkers fudding because of regret from not buying
> people who unironically think link is overvalued
In other words, everyone is fudding link

Pre mined shit coin
Token not needed
Buying a digital token during a pandemic is dumb
Just a speculative bubble with no use case and no intrinsic value
A five billion market cap for a token currently used by nobody for any purpose is INSANE

Link is a worthless scam

>>21691362
I don’t even know who to believe anymore. Oh well, I only hold 123 linkies I got at $15.37. I’ll ride it out.

>>21690950
It’s about to get stinky

>>21690564
DR;NS

Tried to tell people, again and again, to cash in their Chainlink for gold and mining stocks. You simply couldn't get people to listen.

>>21691408
You were actually buying at 15? Jesus Christ

Why is this happening? We were supposed to be the chosen ones?

>>21691362
no you stupid nigger. the dip was caused by a whale dumping which lead to other whales dumping which killed the rally. go to whale alert and you can still see whales dumping millions. confidence is lost and the only trajectory from here is down. depending on how far it dips it might be worth buying back in but its def not worth staying in atm.

> volume decreasing
> Price going down
> Rank maintained
Linkies: this is bullish!

>>21690931
Your right $15.50 is the low. But I think if we go below that idk if it will either soar or drop significantly.

Tried to tell people, again and again, to cash in their Chainlink for gold and mining stocks. You simply couldn't get people to listen.

>>21691545
Imagine trying to convince actual cultists lmao

>>21691545
So what should I do now?

Behold the average Link Marine.

https://twitter.com/frankiemacd/status/1296598859968385025

>>21691620

Buy physical gold, physical silver, gold miners, and silver miners (indices are SILJ for silver and GDXJ for gold).

>>21691724
Am I too late to get in? Everything on the stock market looks slightly inflated.

>>21690564
pfff it was at 4 like 5 months ago

>>21691772

Mainstream stocks have never been more overvalued, but metals and miners have never been more undervalued. First, macroeconomic conditions have never been more bullish for PMs. Secondly, gold still needs to go 3x to reach its former ratio with the Dow at its ATH in 2011; silver needs to go 4x to reach a normal ratio with gold; and mining stocks need to 3x simply to reach a normal level with the underlying metals (see the Gold:Miner ratio). When you consider that miners already offer 3x leverage to the metals, you will see why mining stocks are currently the trade of the century.

https://twitter.com/frankiemacd/status/1296598859968385025
this is the average chainlink holder.

>>21691953
>>21691724
>>21691545
You're the autist from the pmg and fed threads right? I've unironically put $60k into metals and miners the past two months based on your recommendations. Most of it is from LINK gains cashed out in the past two weeks.

90% of my net worth is still in BTC/ETH which I'm sure you disapprove, but the other 10% is in metals thanks to you. Just thought you'd like to know.

>>21691953
Thx anon. I got into crypto since I saw it as the new wild west of investing. Looks like pm as well. I'll do more research and if it looks good, I'm gonna hold half on crypto and the other half on pm

>>21692068

Glad to hear I was able to help somebody.

>>21692165
Should I just buy miner stocks or options?

>>21692260

My advice is, Never play with options when you're dealing with PMs. They are the most manipulated market in human history. If you buy mining stocks, you are already essentially buying an option on gold or silver, because they offer massive leverage in relation to the underlying metal. If I am right about this being a PM bull market, then Discovery Metals and Wallbridge Mining are already going 50x.

>>21691545
Hey you're the one who tried to argue reasons for being caring of others' assets right? Such a nice guy if that was indeed you. Got any advice for a young lost retard right now?

It seems to me that XRP and flare solves the oracle problem through the use of federated byzantine agreements. It also seems to me that the oracle problem is a problem associated with ethereum and not smart contracts themselves.

You can't currently stake or become a node operator with chainlink, therefore making it centralized to whoever sergey on-boards

Am I understanding this right? Shouldn't the use of federated byzantine agreements to achieve consensus and therefore decentralization pull custody away from the individual node and towards the community that relies on that oracle service?

They are releasing a whole suite of oracles for use as well, found this interesting

oracles.cloud

also flare.ghost.io for those who haven't heard the news

That's it, I'm selling.
Prepare your ass niggers, it's a big bag.

>>21692508

To simplify my advice, it would simply to buy physical gold, physical silver, and mining stocks. >>21648381 If you want to know my opinions about the economy, you can read them in these threads:

Most recently

>>21638357

Where my id is qwwwV8KZ

And in this thread from June >>/biz/thread/S19669109 (where I have no id to provide, but where my writing-style will be obvious)

And in this post from May (picture related), which I first published when gold was $1670, and silver was $17.

>>21692368
So now is a good time to buy still? 5-10k in miners you've mentioned could potentially 50x by next year? If people listened to you months ago in some of your original postings they'd already be up quite a bit it seems

>>21692660

Yes, see this post here, and the image in this post. >>21691953 Mining stocks, objectively, are more undervalued than ever before in human history. And this at a time where gold and silver are themselves extremely undervalued, and conditions for PMs were never more bullish.

>>21690564
AHHHHHHHHHHHHHHHHHHHHHHHHHHH FUKKKKKKKKKKKKKCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK NIGGERS

Any miners youd recommend?

SQTTDOT here: thinking about going heavy into Dai, seems like it's been stable for a long time and is due for a moon shot. Thoughts?

>>21693954

GDX/GDXJ, SIL/SILJ are the "safe" indices of the large-caps and mid-tiers to hedge risk. Only 1-3% of your net-worth should go into any one small-cap.

Best silver small-caps:

Discovery Metals, Callinex Mines, Dolly Varden, Fireweed Zinc, Tinka Resources, Bayhorse Silver, Impact Silver, GR Silver, Defiance Silver, Blackrock Gold, Aztec Minerals, Metallic Minerals, Vizsla Resources, Great Panther Mining, Aurcana Corporation, Silver Viper.

Best gold small-caps:

Surest choices: Wallbridge Mining, Novo Resources. More speculative choices: Bluestone Resources, Spanish Mountain Gold. Most speculative choices: Euro Sun Mining, Goldquest Mining, Gold Terra Resources.

>>21691392
When did it go from pretend fud to real fud? Is it the redditors that came to biz?

>>21691523
We went below now.

>>21692711
Where to buy sirs

>>21690564
I doubt it, but why would it matter to those who never sell

>>21691362
The cope is so delicious

I'm so mad that more black people will be able to afford link.

>>21694067
Thanks for such a wide array of options, gonna do some research

>>21691441
where do you get alerts like this?

Sounds good desu I'll be able to post $12.65!!! on the way down then up again

>>21691545
I have
1 SilJ
1/4 ounce Gold
15-25oz silver approx(down at least 50% because life expenses came)

I never heard you tell me to sell my linke's but somebody did tell me after I explain my situation to sell the silver for minors and I did the linkies instead.

Those are from taking profits at 113 link @ 9$

Then silver mooned so i sold some for profit and am back to 50 linkies bought around 10

>>21694014
BUMP, getting ready to sell my link and pull the trigga niggas, need some dai advice. Looks solid right anons?

>>21694216
https://whale-alert.io/alerts

>>21690931
You can say trans people, saying transgenders is offensive. Like saying blacks instead of black people. Regardless of what you think of them, that’s what they are: people

If you are falling for the fud you are a literal npc. Swingies get the rope, 1k eoy

>tell people for days to sell
>"Fuck you fudder $20 eow!"
>dumps even more
>"Hey guys I think I might sell now..."

>>21694441

No they aren't, they're subhuman trash.

>>21694441
no they aren't. Degenerates != people

>>21691279
Based, make it or die trying.

>>21691953
Where can I buy stock in metal? Is it on Robinhood?

the stupid and weak willed don't deserve to make it and thankfully they filter themselves out

>>21694482
>/biz/ is you
>/biz/ is other people
>/biz/ is suddenly one person
Which is it?

>>21694551

GDXJ and GDX should be on Robinhood.

Fud harder so I can keep buying the dip.

you can pry my 3 linkies from my cold dead hands

>>21694577
Are they stupid and weak willed if they sell high and buy back lower? Or would that make you the stupid one?

>>21690564
>>21691316
>>21691401
>>21691392
you had 3 years

>>21694551
Go to uphold.com, you can buy audited gold from the australian perth mint

looks like we're just testing the .382 fib extension drawn from the $6 breakout but im a noob so what do i know

>>21694609
It's a schizophrenic hivemind