[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 37 KB, 400x400, KhuN_b2t.jpg [View same] [iqdb] [saucenao] [google]
22362030 No.22362030 [Reply] [Original]

Why would anyone sell LINK right now, at literally the very start of adoption and the massive roll-out of a ton of exciting new developments?

I mean I would understand if dumb anons fell for the FUD in 2018-2020, maybe needed to pay some bills, and sold off their stacks at $2-$5.

But we are clearly at the very start of a major roll out of new partnerships and features. The team is hiring over 50 positions, which is an insane amount. By next summer, the team could have over 100 people on it, maybe more. SmartCon gave us more hidden details than the past two years combined., if you knew how to read between the lines. Bringing on Ari full time is bullish AF. Chainlink Labs is going to be the premier research institution for all things decentralization, Web 3.0, smart contracts. Chainlink is so much bigger than just oracles now. They are going to have world-class researchers teaming up with them to create new whitepapers and develop lines of products. They will be consulted by the major research universities and think tanks.

Do you guys understand how strategic these acquisitions and partnerships are? They are not trying to just build a product that gets a lot of adoption. They are setting themselves up to gatekeep the entire Web 3.0/4/0 experience.

The Chainlink team understands that you can't just roll out a really good product, and hope it gets adopted. You also can't just over market a half-assed product (pump and then dump due to loss of trust). Instead, you need to create a really good product while managing expectations, while preparing for scaling and enterprise adoption. Over the next 3-6 months they are going to systematically roll out a series of announcements, updates, and partnerships but do it strategically.

I don't think $1000 EOY 2021 is impossible.

>> No.22362069
File: 209 KB, 720x767, 1592541708848.jpg [View same] [iqdb] [saucenao] [google]
22362069

>>22362030
Isn't it crazy with so much bullish news still left in the tank and the price is only at $12? Feels more and more like 1000 LINK is the new make it stack

>> No.22362070
File: 316 KB, 610x567, my Ass.gif [View same] [iqdb] [saucenao] [google]
22362070

>>22362030
I’m gonna sell faggot

>> No.22362125

>>22362030
It's understandable, people want to make their stack work for them with staking instead of just sitting there

>> No.22362137

>>22362030
Nufags, this is what cope looks like. This is why you don't buy scams like chainlink and end up getting all emotional and writing a story on the internet.

>> No.22362151

>>22362030
To swing it. Whales walk the price back and forth until they are done accumulating. So long as you have faith in USDT staying solvent, you are likely to come out ahead so long as you just keep doing it. Even if you lose 40%, there are weeks where you can eke out 5% a day. You will come out ahead unless you are profoundly unlucky or don't know how to stop when the bull horns start.

So long as you aren't margin fagging anyway.

Still not going to sell my LINK but posts like this are a bit disingenuous. If the Chink Whales weren't a band of degenerate fucks, you'd have a point. But they are and fundamentals do not matter to them.

>> No.22362153

Defi and smart contracts are the biggest meme out there at the moment. I know what i'm talking about as i'm writing and researching for my doctorate degree on defi. Underage link buyers completely lack the ability to judge applicability of smart contracts due to being illiterates in business processes. A few lines of code are not able to replace clearing, it would need lawyers and negotiations until two companies would agree on a self executing smart contract, the same reasons why you need clearing today on the first place basically. Apart from that no company will buy the pre inflated tokens you bought to execute simple on chain requests that can easily be handled by company interfaces / programms. Defi is vastly overestimated and will be used in niches only and certainly not to the profit of token buyers from defi projects. Smart contracts can be used for simple applications, but there, a monetizing is hardly possible. For complicated things they cannot be used. Anons like to bring up all kinds of examples like insurance contracts or the like and describe how the contract can get validated info eg on water levels or stuff, but that's unfortunately not the point. This info is attainable easily and validated right now. The problem starts when things aren't black and white, which is almost always the case. Is the damage set into the insurance the case? Was the money transferred enough to cover the damage? No company would allow a smart contract to auto-execute here.

>> No.22362154

You bagholders are hanging on for dear life even harder than that fat scammer’s buttons on that dirty ass flannel shirt.

>> No.22362167

>>22362069
I agree, I think that on a 3-5 year timeline 1k LINK could be a make it stack.

>> No.22362192

>>22362070
I don't care, I'm not telling people not to sell. Did you even read my post? I said its not EV+ to sell.

>>22362137
I bought 8,000 LINK at .40 and 2k for my dad. I sold 1K

>> No.22362196
File: 109 KB, 633x724, 1598206283574.jpg [View same] [iqdb] [saucenao] [google]
22362196

Link is trash. That's why people shill it so much. If it was worth it, people would just buy it, and move on. But you are actively shilling it.

>> No.22362242

>>22362154
Do you understand what a bagholder is?? Profiting hundreds of thousands of dollars isn't bag holding brainlet.

>> No.22362266

>>22362196
Clearly you are a newfag who came here in the last year or 6 months. That or a salty nolinker who bought Jibrel and Mobius sirs instead.

>> No.22362315

>>22362151
I agree the Chink whales are huge. I have no problem swinging, but I feel like less than 10% of people can do it effectively. I personally own a business and so I recognize that I have some zones of genius in some areas but not others. I don't want to stare at charts all day, and I don't trust myself to swing.

>> No.22362397

>>22362153
You clearly don't understand the value prop. Obviously centralized oracles are cheaper right now however they have one thing that can never be compatible with a smart contract - they have a single point of failure.

What's your doctorate degree thesis about?

>> No.22362467

>>22362137
What coins do you hold?

Remember nufags, we waged a coordinated FUD campaign against link for years. People like this anon sometimes got addicted to FUD, and can't help but do it all day (it's addicting). All you have to do is ask them what coins they hold. Chances are, they will disappear, or rattle off some indian scams.

>> No.22362835
File: 59 KB, 480x442, 40kek.jpg [View same] [iqdb] [saucenao] [google]
22362835

>>22362196
even better when its about stinkies

>> No.22362910

>>22362397
You read copy pasta
Good job new fag

>> No.22362989

>>22362153
>Defi and smart contracts are the biggest meme out there at the moment. I know what i'm talking about as i'm writing and researching for my doctorate degree on defi. Underage link buyers completely lack the ability to judge applicability of smart contracts due to being illiterates in business processes. A few lines of code are not able to replace clearing, it would need lawyers and negotiations until two companies would agree on a self executing smart contract, the same reasons why you need clearing today on the first place basically. Apart from that no company will buy the pre inflated tokens you bought to execute simple on chain requests that can easily be handled by company interfaces / programms. Defi is vastly overestimated and will be used in niches only and certainly not to the profit of token buyers from defi projects. Smart contracts can be used for simple applications, but there, a monetizing is hardly possible. For complicated things they cannot be used. Anons like to bring up all kinds of examples like insurance contracts or the like and describe how the contract can get validated info eg on water levels or stuff, but that's unfortunately not the point. This info is attainable easily and validated right now. The problem starts when things aren't black and white, which is almost always the case. Is the damage set into the insurance the case? Was the money transferred enough to cover the damage? No company would allow a smart contract to auto-execute here.

>> No.22363025

>>22362910
I'm not a newfag, you pleb. Do you even hold LINK? If not you're a peasant.

>> No.22363062

>>22363025
I saw Sergey Nazarov at Burning Man last week. He was wearing his blue lucky T-shirt unbuttoned, a pair of butterfly wings, and literally nothing else. I was taken aback at the size of the guy (seriously hung), but anyways I introduced myself and said I was a big fan of his work and was interested to know what he was doing out here. He took a while to respond, I think he was stoned or coming off some acid or something but then he giggled “I am here for alternative networking. I just got kicked out of the google tent so I am exploring the possibilities of decentralizing my presence on the playa.” He was obviously out here to have a good time but then I thought back to my link stack, which I had to sell half of to buy my ticket to the burn and got a little ticked off. I asked aren’t you supposed to be working? Isn’t main net supposedly right around the corner? And he said “supposedly, main net is made of cheese” and that was the final straw and in my mind I decided to go back to camp, get on binance on my iphone and dump my link. I politely wished him a good burn and went to leave as he mumbled something about checking out the “orgy tent” which was “permissionless.” What did he mean by this?

>> No.22363117

>>22362989
Also this is unironically bullish for PNK.

>> No.22363121

>>22362030
>>22362167
>>22362192
>>22362242
>>22362266
>>22362315
>>22362397
>>22362467
>>22363025
Take your meds you delusional scamming bagholder

>> No.22363143

>>22363121
What coins do you hold?

>> No.22363159

>>22363143
Bitcoin

>> No.22363165

>>22362137
>>22362154
>>22362196
>>22362835
Link is literally unfuddable now though.
Like, the show's over on that front.
It's just going through the motions of fudding it for the sake of it
Could you imagine actually being a nolinker after what happened over the last 3 years?
People have to pay $120,000 just for a "make it" stack now, when it used to be like $3.5k tops - and there have been no attempts at an exit scam, no fraudulent behavior, nothing. Just more growth and development.
If I was a nolinker, I'd probably kill myself.

>> No.22363192

>>22363159
Wow lol ultra-gay. I bought BTC in 2013. Imagine still holding this Dinosaur coin when web 4.0 is here.

>> No.22363201

>>22362030
Fear, uncertainty and doubt

>> No.22363266
File: 57 KB, 592x264, 1598037234732.png [View same] [iqdb] [saucenao] [google]
22363266

>>22362030

>> No.22363290
File: 312 KB, 729x954, centiposhy.jpg [View same] [iqdb] [saucenao] [google]
22363290

>>22362030
he's not done betraying us

>> No.22363303
File: 251 KB, 1080x1710, arbitrum uniswap 2.jpg [View same] [iqdb] [saucenao] [google]
22363303

>>22363266

>> No.22363320

>>22363062
That's not even good pasta, were you here in 20127 or 2018?

>> No.22363342

>>22363303
So basically Uniswap is going to ruin on LINK

>> No.22363674

>>22362153
nice copy pasta faggot

>> No.22363754

>>22362137
You had 3 years.

>> No.22363802

>>2236203
>who would want to sell link right now?
anyone who doesn't want to wait 4 months

>> No.22364261

>>22363165
Dont waste your breath man, all the fudders that are left are just seething no linkers that didn't have the emotional intelligence to see through 3 years of low quality fud and now theyre priced out, youre right the ship has well and truly sailed, all that's left now are frightened and bitter retards screeching in the dark and arguing with thier own echoes