/biz/ - Business & Finance

>>24613156
it's called postmortem, not autopsy

>>24613164
Nope. We carving this shit up.

>>24613156
On the one hand comparing to BTC is retarded.

But on the other hand, Sergey had all the momentum in the world but fucked it all up for muh defi.

>>24613156
Ever since api3 came out this coin has done nothing

>>24613156
$45 May 2021

>>24613183
API3 is literally a Chainlink partner.

>>24613199
easy on the rugpull attempts
dyor anons

>>24613371
That guy took the "API3 is Chainlink competitor" bait laid out by Coindesk.

>>24613156
Linkies btfo
Looks like everyone who replied to my "anyone who didnt sell link after a 1000x is a newfag or an idiot" thread saying ath price is just the beginning has been totally annihilated.

>>24613411
Anon, that's the sats chart.

>>24613411
> "we're in price discovery bro!"

>>24613411
>after a 1000x
Anon...

>>24613472
>>24613439
Link did a 1000x from 2017/8 to ath 2020 newfags

>>24613491
>Link did a 1000x from 2017/8 to ath 2020
No, only a 200x.

>>24613504
Whatever I dont think about or stay up to date with link like the obsessed linkers do fudding other coins

My point still holds

>>24613439
And sats are what matter retard. If you aren't only worried about accumulating BTC at this point and still want the US Dollabrrrrrrrr then go to reddit

>>24613528
>fuds Link
>"at least I'm not like Linkers fudding other coins"
k

>>24613556
>sats are what matter retard
lmao then why are sats priced in USD?

>>24613556
>sats are what matter
Agreed. That being said, every alt is bleeding in sats when BTC moons, no exceptions.
Also this isn't even the worst drop LINK has had against BTC, so relax anons.

>>24613614
>Agreed
How do you reconcile this with the fact that sats themselves are valued in USD?

>>24613879
Sats are used to accurately measure the performance of an asset against the market leader. It's a solid indicator. Just like when we dropped in fiat value in March - April but soared in sats.
>How do you reconcile
By looking at the DXY chart. I'm not fudding you absolute retard.

>>24613879
thats just a matter of perspective. everyone that knows what comming values in BTC sats or ETH vitaliks and XMR mooneros.

>>24613401
>investing in people called Burak
yeah no thanks, I am more eager to buy crystal blue

>>24613156
>Rent free

>>24613982
>Sats are used to accurately measure the performance of an asset against the market leader.
The market "leader" is irrelevant.
In the 2015-2017 bull market, many dozens of shitcoins completely blew BTC out of the water in terms of ROI, but BTC was still a good investment because it was lower risk.

>>24613987
No idea what you're trying to say.

>>24614691
It might be irrelevant to you. Market leader does not imply higher ROI, you absolute brainlet.

>>24614822
All that matters is ROI.

And unless you can predict the future, comparing with other investments amounts to nothing but "oh if I had only bought X instead of Y", which is an extremely bad mindset for investing.

>>24614844
How did we get from ROI to sats to USD? What is your point? Of course ROI matters, I'm simply stating that measuring in sats has a value, considering BTC dictates the market movement.
Also, it always depends on what you measure ROI with, take the turkish lira or pakistani rupee valuation of BTC/LINK for example.
You sound like a total brainlet.

How do stinkers cope with the fact that they didn't sold at 169k?

>>24614940
>What is your point?
Investing is about ROI.
ROI is measured in fiat.
Measuring ROI in another asset that is itself in turn measured in fiat is extremely retarded.
Getting good ROI but whining about another asset getting even better ROI is likewise extremely retarded.

>>24614965
You do realize there is something called LINK/BTC trading pair in almost every exchange? Which means people are trading their BTC for LINK and vice versa?
>169k sats in August = $20.11
>169k sats today = $32.47
That means that if LINK had managed to keep its valuation against BTC, it would have had a higher ROI today. Is that so hard to comprehend?

>>24614844
Oh god. It's you, right? You again. In every thread asking the same stupid question. If you don't have the IQ to understand by now just give up. BTC is the benchmark, investors (those that matter, that can move the price) use it to invest. Look at the linkbtc chart and tell me it bumped on the same line for 2 years just by coincidence. Fuck you fucking retard wasting everyone's time. Go back to pol or tv or whatever other brainlet tier board you came from and engage in discussions you might be able to understand, start a capeshit thread or a trump will win thread I don't know but leave this board now.

>>24613156
I bought at .12_23 cents.
What's your excuse ?

>>24615082
>You do realize there is something called LINK/BTC trading pair in almost every exchange?
And?
You can trade one financial instrument for another too; doesn't change the simple fact that ROI in measured in fiat.

>>24615089
>BTC is the benchmark
BTC is priced in USD, meaning USD is the benchmark.

>>24615133
You can measure ROI in sats too, ignoramus.
BTC is priced in approximately 32 different fiat currencies.
USD is down 99% for the last century, by your logic everything has a higher ROI.

>>24615191
>You can measure ROI in sats too
You can measure ROI in breeding mares if you really want, doesn't change the fact that ROI is fundamentally measured in fiat.

It's absolutely amazing how retarded you people are.

>>24615221
Fiat is not a single currency dumbass.
>It's absolutely amazing how retarded you people are.
LOL the irony

>>24615247
>Fiat is not a single currency dumbass.
It's whatever applies in your respective country.

Sats are measured in fiat; so whatever you try to measure in sats is automatically measured in fiat.
This is true even if the only trading pair available is Link/BTC.

>>24615290
And fiat is measured in fiat, meaning fiat valuation of BTC depends on the current valuation of that specific fiat currency you are measuring it with, that Bitcoin does not affect.
On the other hand, sats valuation depends entirely on the performance of one asset (LINK) against the asset (BTC) that dictates where the market is heading.
See where I'm going with this?

>>24613451
>700,000

>>24613491
Why are you proud of being retarded?

>>24615410
>And fiat is measured in fiat
Internationally, but most people aren't buying/trading internationally.

>the asset (BTC) that dictates where the market is heading
Indexes like the Nasdaq also dictate where the market is heading, but you wouldn't measure your Tesla stock in "Nasdaqs".

>>24615488
>what is FOREX
They do trade, you massive retard. It's a fucking market.
>Indexes like the Nasdaq also dictate where the market is heading
Indexes are a representation of the average performance of their stocks. Sounds like BTC to you? You have no clue what you're talking about.

looks like bottom hit desu OP, thanks for the heads up, going long 20x

>>24615082
>That means that if LINK had managed to keep its valuation against BTC, it would have had a higher ROI today. Is that so hard to comprehend?

This boils down to "if Link had gone up more, it would be worth more".
Or "if GME stock had managed to keep its valuation against TSLE, it would have had a higher ROI today".

How do you not realize this?

>>24613156
OK, thanks. Already cashed out $14-$17 and have enough to make it without waging. Should have bought earlier faggots. Go suck cock enbie.

>>24615540
It also boils down to "LINK is going up in fiat value, only because BTC drags it up".
That is an entirely different situation to June 2019, February 2020 or August 2020.
How do you not realize this?

>>24615536
>what is FOREX
I just told you: "Internationally, but most people aren't buying/trading internationally"

Forex swings aren't directly correlated to the prices of products in certain countries.

>They do trade, you massive retard. It's a fucking market.
When did I say "they" do not?

>Indexes are a representation of the average performance of their stocks. Sounds like BTC to you?
Yes?
Even according to you, who said that "BTC dictates where the market is heading".

>>24615561
>only because BTC drags it up
But there's zero correlation.
BTC will drag alts DOWN when it pumps just as often as the other way around.

Tech stocks will often affect each other too, but nobody's saying "my NVDA went up by X amount of AMDs".

>>24615585
The valuation of a fiat currency depends on it's market. NOT by people buying/selling stuff.
https://www.thebalance.com/value-of-money-3306108
Educate yourself.
So if ETH and LINK moons BTC skyrockets since it's the fucking Index of crypto lol.
>>24615624
LINK and BTC are INVERSELY CORRELATED.
What do you think that means brainlet?

>>24615729
>The valuation of a fiat currency depends on it's market.
Only internationally.
The prices of goods and services in the EU aren't swinging with the EU/USD forex fluctuations.

>So if ETH and LINK moons BTC skyrockets
Fucking lmao.

>it's the fucking Index of crypto
But you just said BTC isn't to crypto like Nasdaq is to stocks.

>LINK and BTC are INVERSELY CORRELATED.
But you just said BTC drags Link up.

Are you having a stroke right now?

>>24615773
>hurr durr I'm only pretending to be retarded
Irony. Learn what it is.
It drags it up on fiat value, yes.
Are you having a stroke?

>>24615805
>>hurr durr I'm only pretending to be retarded
Says the guy going "BTC isn't the Nasdaq of crypto except it is" and "BTC drags Link up but is inversely correlated meaning it drags Link down".

>>24615773
>The prices of goods and services in the EU aren't swinging with the EU/USD forex fluctuations.
That's because they're using Euro to buy shit.
Jesus Christ you are retarded.

>>24615819
Okay you are baiting good job 7/10

>>24615842
Mate you really need to get over yourself in these threads telling everyone else they're retarded brainlets in every single post. Just contribute without your self obsessed road rage style drama

>>24615819
>>24615805
no one cares about dollars. its all about collecting the top cryptos now. BTC ETH XMR.

you either get it or you don't.

>>24615825
>That's because they're using Euro to buy shit.
Exactly.

>>24615842
Iol let me quote you directly:

***
>>24615536
>Indexes are a representation of the average performance of their stocks. Sounds like BTC to you?
meaning you don't think BTC is like a stock index.
~VS~
>>24615729
>BTC is the fucking Index of crypto
meaning you do think BTC is like a stock index.

***
>>24615561
>LINK is going up in fiat value, only because BTC drags it up
meaning you think BTC is directly correlated with Link
~VS~
>>24615729
>LINK and BTC are INVERSELY CORRELATED.
meaning you think BTC is inversely correlated with Link

You're absolutely losing it.

>>24615882
Follow the thread before replying, thanks.
>>24615894
I agree with you, does anyone read the fucking thread before posting?

>>24615894
>no one cares about dollars. its all about collecting the top cryptos now. BTC ETH XMR.
All three of those are valued in dollars though.

>>24613172
Let the dissection begin.

>>24615921
i got confused because of your back and forth arguing about measurin value in dollars.

retards currently value in dollars or euros. elites already have started valuing in crypto.

1 BTC buys me almost 20k dollars now. not the other way around.

1 BTC used to buy me a pizza
1 BTC buys me a small nice car now
1 BTC buys me a house soon.

no one cares bout stinking super inflating dollars. I measure value in crypto. Yes I'm always early and ahead of the herd cope later fiat faggot>>24615905

>>24615974
>retards currently value in dollars or euros. elites already have started valuing in crypto.
The absolute STATE of "muh sats" fags.

>1 BTC buys me almost 20k dollars now. not the other way around.
Fucking lmao

>1 BTC used to buy me a pizza
>1 BTC buys me a small nice car now
>1 BTC buys me a house soon.
Because BTC went up in USD.

>>24616014
nigger do you have any idea where the WORLD is heading? why would I value my my stuff in dollars ( a national currency of one country of the world) instead of a global currency like BTC? you are fucking behind on whats coming. stay pleb.

>>24615905
>So if ETH and LINK moons BTC skyrockets since it's the fucking Index of crypto lol.
That is the direct quote. It is called irony. Stop trolling for fucks sake.
BTC = asset
NASDAQ = Index
You made the comparison.
If LINK bleeds in sats but gains fiat value
>LINK is going up in fiat value, only because BTC drags it up
That means that LINK's rise in fiat value has nothing to do with LINK's market performance.
>LINK and BTC are INVERSELY CORRELATED
They are since June 2018, inverse correlation is still a correlation.
>>24615927
They're also valued in rupees and bolivars. You absolute retard. That is the last (You) from me.

>>24616036
>why would I value my my stuff in dollars
You don't have to, buttercup.
The entire world does however value everything in fiat, including crytpo.

>>24616047
>>24616014
its about perspective you stupid idiots. if you want to value stuff in national currencies fine. I wont. we'll see who will be the poor one in a few decenia

>>24616014
>Because BTC went up in USD.
It could be also because USD went down in, well, everything. Check the fucking DXY
I lied this is the last (You)

>>24613156

LINK is a total fucking stinker during bullruns.

Same thing happened in 2017. Total dud. In fact if you want to hedge yourself AGAINST wild gains, you should hold Stainstink.

>>24616085
>> total fucking stinker
hahahaha kek

>>24616066
Once again, I agree with you. He is the one trolling hard with
>muh USD value sats are meaningless lel lol

>>24616047
>That is the direct quote. It is called irony.
I brought up Nasdaq vs TSLA.
TSLA isn't in the Nasdaq.

>That means that LINK's rise in fiat value has nothing to do with LINK's market performance.
That's your implication, yes.
You're saying Link only goes up because BTC is dragging it up.

>They are since June 2018, inverse correlation is still a correlation.
But you said BTC drags Link up.

>They're also valued in rupees and bolivars.
In their respective countries, yes.
Never said otherwise.

BTC is valued in fiat.
Anything you try to value in BTC, is automatically valued in fiat.

>>24616066
>>24616109
Yes anons, the "elites" are valuing everything in crypto instead of fiat.
Sure sure, there there.

>>24616152
you laugh now because its early, give it 10 years.

we'll value in gold and crypto. not national currencies.

>>24616078
>It could be also because USD went down
Literally everything would be going up as much as BTC if that were the case.

>>24616177
Right now, fiat is the currency literally EVERYTHING is valued in.

How much beer, land, gold, car, ... you can buy with BTC depends entirely on the fiat value of BTC. Even if you were paying for it in BTC.

>>24616139
>You're saying Link only goes up because BTC is dragging it up.
I did not say "only" though. Just admit you can't read.
>But you said BTC drags Link up.
Right now, yes.
>BTC is valued in fiat
And alts valuation is measured in sats.
>>24615488
>Indexes like the Nasdaq also dictate where the market is heading, but you wouldn't measure your Tesla stock in "Nasdaqs"
It's the opposite though, you illiterate nigger.
Stocks dictate where the index is, not the other way around.

>>24613179
Comparing to the currency most people purchased it with is honest. It captures the opportunity cost of the transaction.

Also, anyone in the space for more than a couple years knows that the end goal is accumulating large amounts of BTC. Countries even structure their taxation to harm this group of people because they know they are right.

>>24616213
>I did not say "only" though.

You literally did, see >>24615561
>It also boils down to "LINK is going up in fiat value, only because BTC drags it up".

>Right now
Tons of assets affect each other; like tech stocks.
But nobody goes around saying shit like "my NVDA went up 500 AMDs".

>And alts valuation is measured in sats.
But sats are measured in fiat, so by measuring in sats you are AUTOMATICALLY AND ALWAYS measuring in fiat as well.

>Stocks dictate where the index is
Only the stocks in the index lmao.
For all the stocks NOT in the index, the index serves as a "leader" or "bellwether".
TSLA is not in Nasdaq.

I just fucking told you this.

>>24616258
>Comparing to the currency most people purchased it with is honest.
Not when that "currency" is itself exclusively valued in USD.

>>24616266
It is a figure of speech for fucks sake you imply only = all the time.
>But sats are measured in fiat, so by measuring in sats you are AUTOMATICALLY AND ALWAYS measuring in fiat as well.
>SATS ARE IRRELEVANT
Okay then why don't the altcoins rise as much as BTC in fiat value?

>>24616308
>It is a figure of speech for fucks sake
Here comes the backpedal.

>SATS ARE IRRELEVANT
If you want to compare one asset's performance with another in order to gloat/cry, you can do that all day.
Just know there is always some asset that does better than yours within a certain timeframe.
But both assets are valued in fiat, end of story.

Everything can be measured against everything.
Your point is moot. Just because you prefer to measure everything against USD does not mean a valuation in sats is meaningless.
End of story.
And btw TSLA is on the NASDAQ.

>>24616036
What you obviously don’t get in your privileged position is that whatever you value your shit in gets valued in the guns behind hit. Go read some philosophy soiboi

>>24613156
they never learn

>>24616444
Also this, in the end you don’t like getting killed

>>24616444
>Everything can be measured against everything.
Absolutely.

But ultimately, EVERYTHING is valued in fiat.
If you want to buy a car and the vendor accepts gold, BTC, fucking graphics cards, ... then you would first look at how much gold, BTC, graphics cards, ... are worth in USD before you can make the transaction.

>And btw TSLA is on the NASDAQ.
I was thinking of the S&P 500.

>>24616525
When I measure sats valuation I'm not interested in buying anything, I simply want to evaluate the performance of the asset against BTC on a specific time frame. In other words if we hope the price can appreciate in value, it will automatically translate to LINK gaining against BTC. This is much easier to understand when you study the BTC/LINK chart than simply looking at the USD valuation.
Simple as that.

>>24616619
>When I measure sats valuation I'm not interested in buying anything
That's all wealth, worth, equity, ... is: the potential for buying things.

>I simply want to evaluate the performance of the asset against BTC on a specific time frame
And you can do that all you want.
Just realize that tons of people don't give two shits about how well/badly their investments (even crypto) do against BTC, gold, land, the Nasdaq, ... or even against any other asset.

>>24616737
An equal amount of people do not care about fiat value either. Most of people in the crypto space care about sats though. Once again, your point is moot.

>>24616770
>An equal amount of people do not care about fiat value either
lmao literally EVERYEONE cares about fiat value.
Even the ones saying shit like "BTC/gold/... will replace fiat" care about fiat right now. Simply because that's what they have to use to buy food, weapons, housing, transportation, ... everything.

>>24614960
my existence is painful

>>24616804
if you still care about the dollar valuations you are le pleb.

>>24616830
Everything you ever bought and will buy (for the foreseeable future) is valued in USD.
From the food gassing up your intestines right now to the milk strengthening the skeleton inside of your to the internet you're using to send these pixels.

>he doesn’t understand satoshis

>>24616804
Crypto space tends to not care about an inflationary, centralized FIAT currency. You are thinking of speculators.

>>24616875
>Crypto space tends to not care about an inflationary, centralized FIAT currency.
Of course they do.
Everything they ever bought and will buy (for the foreseeable future) is valued in USD.

>>24616856
i don't live in usa so no it wont

run into baseprotocol.org, looks legit and useful, Uniswap cooperation, Liquidity pools, Cascade platform with yield opportunities but still it's a problem to choose, invest in it or wait for release

>>24616927
I'm talking about fiat.

>>24616906
That would be speculators. So are you going to sell your LINK for fiat anon?

What's this fucking retard problem? >>24616856 is he some kind of troll or just a seething boomer?

>>24616962
i don't care about fiat

>>24616988
>That would be speculators.
No, that would be anyone who ever needs to buy anything ever.

>>24617007
Sure you don't anon.
Not like your rent/mortgage/car/food/... are priced in fiat lmao.

>>24617030
>implying I bought crypto in order to buy a commercial product.
So are you selling your LINK for fiat?

>>24615247
>fiat is not a single currency
yes it is
and its name is USD
read your history, shitheel

>>24617030
>rent/mortgage/car/food/.
i don't pay rent
i don't have a mortgage
i don't have a car

I pay my food with sats converted to dollars just before the transaction occurs.

You have been debunked.

>>24617078
Not everyone is a burger, based troll.

>>24613156

NOOOOOOO MY LIL' LINKERINOOOO

SERGAY PLZ DO SOMETHINGERINO!!!

>>24617064
When your crypto "moons", it's doing so in fiat.

>>24617083
>I pay my food with sats converted to dollars
Exactly.
And how much food you can buy depends entirely on how much your sats are worth in fiat.

>>24616994
Lol, I'd go with the latter. Looks like he's trying to convince himself that sats don't matter, he's clearly at the bargaining stage "ok crypto assets are real assets but still you need to value in usd kid", pretty sure he buys gold and has a 401k too

>>24617102
In sats too!
You haven't answered my question.

>>24613504
Incorrect link presale was 0.005

>>24617131
>In sats too!
Which are measured in fiat.

>>24617149
Presale/ICO price was about 10 cents.

>>24617163
No it was 2400 for 1 Eth which at the the time was $10

>>24617163
>Presale/ICO price was about 10 cents.
no one cares about cents its about sats.

>>24617163
Anon, for the last time, are you going to sell your LINK for fiat? Just answer this simple question.

>>24617102
Sure grandpa, sure, it's gonna be ok now, just breath, that's alright, now please shut up

>>24617184
See https://icodrops.com/chainlink/

It was around 2,600 Link for 1 ETH in the ICO (Sept 18), which was around $250 at the time.
Meaning about 10 cents per linkie.
The price was very close to that during the presale.

>>24617188
>no one cares about cents
Except the entire world lmao

>>24617251
Sure. Or whatever things are universally priced in at the time.

>>24617163
>38 posts by this ID
lmao, everyone's getting trolled hard, and I'm not even sure if its intentional

>>24617427
>>24617276
cope

>>24617409
>universally priced
oh you mean a worldwide currency then? oh wait ... you mean bitcoin satoshis?

>>24617387
https://www.reddit.com/r/ethtrader/comments/6zmsq6/regarding_chainlink_presale/

The date on this (September 2017) says otherwise...

>>24617454
>oh you mean a worldwide currency then?
If there is one at that time, sure.

>you mean bitcoin satoshis?
If that's the universal currency at the time, sure.

>>24613156
They had a good run
rip

>>24617496
>If there is one at that time, sure.
>> so Bitcoin, is it not a worldwide currency? albeit only for very rich people cause they refuse to raise the blocksize?

>buying link
>not buying iron ore stocks during the biggest shortage of our time

lol

>>24617409
Then perhaps you don't understand what LINK does. Thanks for trolling. See ya around.

>>24617496
Way to btfo yourself retard. I'm a bit disappointed, thought you were trolling but you were actually serious lol.

This thread really shows how much reddit has piled in. To think someone has to fucking explain why we measure in sats. It’s fucking 2017 all over again.

>>24617464
>2,400 Link per ETH in September 2017
>ETH price at the time: around $250

So about 10 cents.
Like I said.

>>24617524
Take your meds, anon.

>>24617544
Sure I do. I might stake Link if that's what you mean, depending on the tax situation.

>>24617556
How did I BTFO myself?
Right now, everything is priced in fiat.
If that changes, it changes.

>>24617590
>why we measure in sats
To gloat or cry.
No other reason to compare your investment to another.

>>24613491
anon please learn to math

>>24615082
there is no link/btc on coinbase, and you are too retarded to know why

>>24617609
Incorrect you said 2018 NOT 2017 there is a big difference in price of ETH here retard.

In 2017 ETH was $10 - terrible math

>>24617590
Yeah it's pretty sad. Also, don't like the attitude, if he was trying to learn at least it could be tolerable

>>24617663
Link was listed on Coinbase almost 2 years after the ICO.
There is a LINK/ETH pair though, do you know why?

>>24617673
>In 2017 ETH was $10
ETH was about $250 at the time of the Chainlink presale/ICO you dumbass.

the absolute state of this derailed thread

>>24617677
>knows I'm right
>"I don't like his attitude"

lmao

>>24616066
>if you ever look at the USD valuation of your portfolio, it means you're a big dumb poopy head who will be poor
:O

>>24617897
No you're not, btc pairs exist, their chart is actionable. These are facts. Whether you think it makes sense or what it "should be valued in" is irrelevant. Only the market decides, fuck your feelings

>>24617897
pee pee poo poo head.

>>24617965
>btc pairs exist, their chart is actionable.
But BTC itself is valued in fiat.

>>24617817
It was a fud thread, it is arguably much more entertaining as a bait thread kek.

>>24618039
>he doesn’t know

>>24618085
Lemme guess; BTC will replace fiat?

Until it does, it doesn't.

>>24618039

>But BTC itself is valued in fiat.

>>24613156
ARE YOU JEALOUS OF MY 0.50 BAGS???
HUH, BABY?
top kek, never gets old

>>24618121
Well it literally is.

>>24618167
> Well it literally is

>>24618233
Coping hard, I see.

>>24618167
Why don't you inform Binance so they can remove all their 100's of BTC pairs fren?

>>24618256
Why would they do that?
People want to hop from one asset to the other in hopes of getting richer.

>>24618273
But I though sats were worthless? So why don't they add a pair for every altcoin? ETH has like half the trading pairs or even less.

>>24618359
>But I though sats were worthless?
lmao, please quote me where I said anything like this.

>So why don't they add a pair for every altcoin? ETH has like half the trading pairs or even less.
More people use BTC.
This in no way changes that BTC is valued in fiat.

>>24617965
The BTC value of a coin is based on the USD value of both lol and you know this

BTC 20k
Coin X 10k

Coin X is worth .5 BTC (no shit)

Take away the USD valuations and they have no way to determine the BTC pairs

>>24613401
This isn't the first time coindesk pulled this shit either. They have bags to pump or dump.

>>24618396
>To gloat or cry
>No other reason to compare your investment to another
That's basically your argument itt.
So let me get this straight.
>I trade x for y
>I measure their value in z though
Why don't you measure the z value when trading x for z??

>>24618166

Pretty much sums it up

>>24618488
>I measure their value in z though
Not "I", literally everyone you're trying to buy shit from.

You can't buy a single thing that doesn't line up with the USD values of either means of exchange, and that includes crypto.

>Why don't you measure the z value when trading x for z??
lel you do.
Obviously.

>>24618587
You do not represent literally everyone though, we're talking about you and you haven't answered my question.
Do sats matter when trading the BTC pairs or not? If they do your argument is obviously flawed cause sats do matter in some cases.

>>24613156
anons are trying to give newfags free alpha in this thread.
The lowest risk and highest liquidity crypto portfolio is 90%+ BTC and ETH.
The only reason to risk allocating/trading out of this portfolio is to make gains on the BTC&ETH ratios.

>>24618677
>You do not represent literally everyone though
Everything anyone ever buys is priced in fiat.
Be it food, cars, crypto, gold, ...

>Do sats matter when trading the BTC pairs or not?
Sats prices are merely a reflection of fiat pricing.

See >>24618403
If BTC is $20k, and coin X is worth $10k, then coin X is worth .5 BTC.

>>24618773
>If BTC is $20k, and coin X is worth $10k, then coin X is worth .5 BTC.
And this is true even if there is no fiat/stablecoin pairing for coin X.

Having to sell your coin into BTC or ETH before you can convert it to fiat has no more relevance than having to take two buses to get to an in-person transaction.

>>24618773
When I trade BTC for shitcoins the last thing on my mind is commodities/commercial products fren lol.
Okay so BTC/altcoin pairs are essentially worthless because you can also measure their value in fiat? Should we perhaps render sats or weis obsolete even though we trade shitcoins based on then?

DR;NS

>>24613156
Everything is cyclical, look what happened to Ethereum and now Tezos. Yes, all these projects will pump again - including Chainlink.

>>24613528
Lmao can't even do basic math

>>24618963
>When I trade BTC for shitcoins the last thing on my mind is commodities/commercial products fren lol.
That's what wealth/riches/worth/equity/... is: the potential ability to buy things.

>Okay so BTC/altcoin pairs are essentially worthless
Not if you want to trade BTC for altcoins.

>>24613371
The fucking arrogance of stinkies. I don't even know what api3 is but your kyced centralized oracle is in no position to shit on decentralized protocols.

>>24619903
BTC/alt pairs are antiquated desu. They were crucial before stablecoins, now most people just use the fiat pair.

>>24619970
Very true.
They're still useful for those that really want them, but the fact that they fall to the wayside as soon as stablecoin pairings appear supports the obvious truth that fiat value is what underpins everything.

>>24619903
>>24620010
>Not if you want to trade BTC for altcoins
>They are still useful
Ok so you admit you were sperging out over absolutely nothing and that your argument
>To gloat or cry
is essentially flawed. You wasted so much time over semantics. You must be very proud of yourself!

DR;NS

>>24613179

Kys retarded noob. Remain eternally scammed

>>24613439

Imagine being this deluded and new to think anything other than sats matter

>>24613590

>then why are sats priced in usd

Holy fuck stop posting newfaggot

>>24620216
>Ok so you admit you were sperging out over absolutely nothing and that your argument
>>To gloat or cry
>is essentially flawed.

The pairings are useful if you want to directly trade between BTC and some altcoins.
They are not useful as metrics of value.

>>24620247
>>24620313
>>24620355
>hurrr only sats matter
But anon, sats are valued in USD.

nice try trannies BUT IM NEVER SELLING

>satoshis
>stacking sats

>>24620223

Eternally scammed

>Imagine being this deluded and new to think anything other than sats matter

>>24620361

Why are you posting? Does a stranger really need to explain simple concepts to you because it’s your first day in bitcoin?

>>24620438

>please buy my alt bags cuz im poor

>Why are you posting? Does a stranger really need to explain simple concepts to you because it’s your first day in bitcoin?

>>24620361
>They are not useful as metrics of value
Neither is fiat though, or stock prices, Gucci bags or whatever else. Sats matter to BTC markets, deal with it.

this gay ass thread actually hit the limit
ya'll got trolled hard by one anon saying
>btc is priced in usd
repeatedly. you should all be ashamed

>>24620447
>ONLY SATS MATTER
>oh and sats are currently 0.0002 USD

>>24620477
>Neither is fiat though
But everything is priced in fiat.

>>24613156
Sad, I had hope for this.
It will soon join the ranks of the zombie cryptos like ETC and EOS.

>>24620485
Are you saying BTC is not priced in fiat?

>>please buy my alt bags cuz im poor

>>24620485

It’s obvious he’s serious because /biz/ is a retard board now full of shitcoin scammers that watch datadash and chico crypto so they can get dumped on

>>24620550
So BTC isn't priced in fiat?

>It’s obvious he’s serious because /biz/ is a retard board now full of shitcoin scammers that watch datadash and chico crypto so they can get dumped on

>>24620498
Value of something =/= fiat pricing

>>24620527
Oh dear

>>24620585
"Value" refers to "monetary value", i.e. money, i.e. fiat.

>>24620565
based

>>24615089
>tells people to go back to /pol/ or /tv/
>has to go back to plebbit himself
ironic

>Value of something =/= fiat pricing

>>24620616
>>24620550
>>24620485
Nobody seems to want to answer lel.

>>24620565

So fiat isn’t priced in BTC?

Check out this linkdown chart, we goin UP

https://coinbae.org/coins/LINKDOWN

>>24620585

This board is all pajeet scammers now i don’t know why i bother

>>24620655
If you want to buy a car off someone, and they accept BTC, you'd have to check how much USD Bitcoin is worth at the time.

>>24620527
>>24620648
>he thinks he can bait me

>>24620614
In accounting terms not enonomic or investing terms. Semantics

>>24617096
USD is the reserve currency of the world still.
Every other currency is measured against it or not at all.
For the time being.

>>24620648

So your dollars aren’t priced in bitcoins?

>This board is all pajeet scammers now i don’t know why i bother

>>24620693
So you do realize BTC is valued in fiat, good on you.

>>24620696
In economic or investing terms, "value" refers to "monetary value".

>>24620714
If you want to buy a car off someone, and they accept BTC, you'd have to check how much USD Bitcoin is worth at the time.

If you want to buy a car off someone, and they accept USD, you do not have to check how much Bitcoin USD is worth at the time.

>>24620683

What does that prove exactly? Why are you so new and posting replies?

>>24620748
>What does that prove exactly?
That even if you use Bitcoin as a means of payment, its value is entirely tied to fiat.

>>24620744

But i don’t value dollars and hold none of them?

>What does that prove exactly? Why are you so new and posting replies?

> But pric is money right and money is to buying things right? right am right guys? tell me I'm right guis I buy things I use money right? btc is no money it can't be used to measure to buy am right right?

>>24620785
>But i don’t value dollars and hold none of them?
You do value and use fiat.

>>24620798
This but unironically.

>But i don’t value dollars and hold none of them?

>>24620776

Ok here i’ll help you

The value of bitcoin isn’t “tied” to fiat currency

USD is a yardstick that you can use to gauge value

Market demand for bitcoins/dollars and the use of the yardstick are separate concepts.

First day?

>> But pric is money right and money is to buying things right? right am right guys? tell me I'm right guis I buy things I use money right? btc is no money it can't be used to measure to buy am right right?

>>24620833
>The value of bitcoin isn’t “tied” to fiat currency
>USD is a yardstick that you can use to gauge value

That's the same thing.
Whatever you can buy with Bitcoin depends entirely on its fiat value at that moment.

>Ok here i’ll help you

>The value of bitcoin isn’t “tied” to fiat currency

>USD is a yardstick that you can use to gauge value

>Market demand for bitcoins/dollars and the use of the yardstick are separate concepts.

>First day?

>>24620719
But that is literally not true. What you are describing is value based on accounting terms.
Go look it up anon.
>>24620710
But that logic is also flawed. ATH in dollar value was achieved at the beginning of this month, but not in Euros. Correspondingly the ATH in other fiat currencies has been reached before the USD ATH.
Mind you the DXY is down for the year 7% while the "value" of multiple commodities has skyrocketed. Fiat is not a reliable indicator of value.

>>24620933
>But that is literally not true.
lmao, of course it is.

In investing or economic terms, "value" refers exclusively to monetary value, i.e. fiat.

>>24620868
I got you bro.

Here, https://sites.duke.edu/fasd/chapter-5-the-fasd-student-and-learning-issues/difficulty-with-abstract-and-conceptual-thinking/

>>24621059
How does abstract thinking change the fact that BTC is valued in fiat?

>>24613156
Listen up faggot, I don’t have any crypto at all and never will, but even I remember when you retards were saying the same shit when link hit $4 and then dropped back down

>>24621148
based nocoiner

>>24620933
>ATH in dollar value was achieved at the beginning of this month, but not in Euros. Correspondingly the ATH in other fiat currencies has been reached before the USD ATH.
Yeah yeah other shitcurrencies go up and down, what else is new. The dollar is the de facto currency of the world and the same people who decide if it goes up or down against them also decide if EUR continues to exist. Also cheap dollars help America export stuff and expensive dollars boost imports.
Charts are fun and all but context matters, anon.

>>24621024
In case you're not baiting hard right now, look up the terms, "investing value" and "market value". Have a great week.

Is anyone really surprised?

Chainlink always performs cancerously in bull markets.

Fantastic in bear markets though.

Good luck getting dumped on by Fat Sergey, glad I dropped this shit.

I will be back in Link in next bear market.

>>24621250
>"investing value" and "market value"
"Investing value"?

Here are the first couple of definitions for "market value" I found in Google:

>Market value is the term used to describe how much an asset or a company is worth on the financial market, according to market participants. It is commonly used to refer to the market capitalisation of a company, which is calculated by multiplying the number of shares in circulation by the current market price.
https://www.ig.com/en/glossary-trading-terms/market-value-definition#:~:text=Market%20value%20is%20the%20term,by%20the%20current%20market%20price.

>Market value (also known as OMV, or "open market valuation") is the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business. Market value is also commonly used to refer to the market capitalization of a publicly traded company, and is calculated by multiplying the number of its outstanding shares by the current share price.
https://www.investopedia.com/terms/m/marketvalue.asp

Both literally and obviously refer to monetary value.

>>24620868
many expensives markets on japan accept bitcoin as a payment

>>24621666
Yes, and whatever you can buy with Bitcoin depends entirely on its fiat value at that moment.

2.5 more hours until the Sergey dump