/biz/ - Business & Finance

>>28932519
Did you buy in at $1 two years ago and have only managed to 30x since then?

It will be alright anon, BTC is pumping what did you expect

>>28932519
You remember when Chainlink was under $5 and peeps were saying it was going back to sub $1?
If not then you're too new to bitch about Link.

>>28932519
Hey fellas, this is the infamous "biz" right?
I just bought some chainlink bitcoins for my portfolio I heard on Twitter they are going way up!
Do you guys know of any other bitcoins that are good to invest in?

>>28932759

why?
the last “significant” update was vrf like 6months ago
the team didn’t deliver anything yet
where is
>staking
>ocr
>tsigs
>deco
>sgx
>whitepaper 2.0

>>28932947
ocr is here retard

>>28933003
It’s not deployed yet

>>28932519
>How dare the cryptos be volatile!

>>28932519

Tfw my portfolio used to be worth 150 btc back in August. Fuck this shit

>>28932554
I started buying since $0.40. That does not help calm my fury.
Stop using the past glory to satisfy yourself and avoid your eyes to what's currently happening.
61k sats.
61k fucking sats.
We went from TOP 5 in market cap to fucking #10 and dropping, and that's WITH the supply increasing and inflating the market cap (thanks Sergey). Literally one of the worst performers of the bull run.
And almost certainly getting much worse soon.
Can't wait to be back to 2019 levels in sats soon.
>>28932577
I expect this shit token to stop being a bitch for once since fucking 6 months ago.
>>28932658
>thinking sub $5 gives you bragging rights
Fucking newfags creating even more sell signals.
>>28932947
Looks like they won't be delivering anything anymore. Maybe some bullshit half implementation of ocr in 2023.
>>28933085
Yeah, it's not like this piece of shit has been doing the worst in the whole market for months. Retard.

Zoom out ffs

>>28933165
I did, in the LINK/BTC chart. It looks even worse. How about you give it a try, fuckface

Yeah good one, crying about it here will definitely help.

>>28933160
then sell bitch nigga damn

>>28933160
Fucking whiny cunt. Have an aneurysm from your sperg rage to permanently remove your linkies from circulation for the rest of us.

>>28933333

>>28933160
>>thinking sub $5 gives you bragging rights
I bought it sub $1 but anyone bitching about chainlink now bought it at double digits.

Drop to 10$ so I can accumulate more.

>>28933160
Spineless

>>28932519
You can't be as angry as myself
>sold the bottom of the current rally for 4x return instead of literally waiting a couple weeks for the bull run
Kill me.

>>28933152
Iktf bro

>>28933223
>>28933319
>>28933323
>>28933343
>>28933415
You want me to fucking laugh then? If you wanna see some happy go lucky leper brained trannies jerking each other off in permabull mode to feel good about yourself, go to fucking twitter/reddit literally anywhere else.
You coping semen-loving poorfags. You faggots are gonna suffer. None of you are ever, EVER, going to make it. That I guarantee, with 100% certainty.

>>28933210
>zoomed out on Link/BTC
>"it looks bad"

Legally blind.

Tesla crabbed for years at ~50 split adjusted. Chainlink will too. Look at the fundamentals of the project and which cryptos will be used in 10 years as DeFi becomes more mainstream. You still have years to stack faggots.

>>28932519
Literally a scam coin.
Based in the cayman Islands
Dev wallets dumping like crazy
Super jewing through the WEF to try to monopolize being the only oracle because they don't have a viable project and know they would get BTFO is a challenger rose

Get out while you can biz. Despite everything, you're still brothers and I would hate to see you lose bigly.

>>28933527
>crying like a fucking woman over an investment

either larp or cringe, either way kys

>>28933528
Yeah, man. This looks amazing. Forming to be exactly like a dead 2017 shitcoin, at the dropping from the dead cat bounce stage.
Sure, looks motherfucking terrific.

>>28933602
>challenger
Here's your challenger, bro.

>>28933615
>turning your eyes from the truth like a fucking woman
I wish I could live as deluded as you.

>>28933709
sell, post proof and I'll send you 10% of the linkies you sold

>>28932519
*laughs in schwab*

>>28933755
Yeah, and post a sharpie in your pooper timestamped and I'm giving you 100 LINK.
You aren't sending shit.

>>28932519
Sell bottomfag. Your not gonna make it anyway.

>>28932519
What's the point of these demoralization threads? Just go fap or play a videogame or an instrument or something

>>28933655
>This looks amazing
Unironically.

Do you know what price BTC would need to reach just to catch up to Chainlink?

>>28933615
>>/biz/image/7ogmdOlAuZP1ySNUcLNfTQ
Look like a sentiment baiting tranny.

And here's the other mentally ill faggot >>28933864

>>28933676
Know what you don't see? Successful projects broadcasting the failures of their opponents.
This is what you do when you're a failure trying to placate the masses who hold you responsible.
See also, Iran, North Korea, Russia.

>>28933874
figures, you're a bitch

>>28933906
mentally ill trannies still priced out lmfao

>>28933920
>Know what you don't see? Successful projects broadcasting the failures of their opponents.
What?
Literally every "Chainlink killer" ever has been attacking Chainlink by name.

>>28933897
That only makes it look like it's gonna bleed all the way to 10k sats for a fucking year starting from now, to then MAYBE have a chance of pumping again.

>>28934017
If that pattern repeats, then the bottom was a few weeks ago.
Based chart-blind tranny.

RLC and LINK will make it.

>>28933920
Also, Chainlink itself hasn't said a word about the Tellor failure.
So what in the world of fuck are you even talking about.

>>28933897
>>28934074
Timeframe gets bigger as market cap increases. See pic related for at what point we're at IF the patterns repeats. I market it in blue.
Percent wise, that's still a big drop from now.

>>28933920
that’s just some neet sperg from 4chan
chainlinks official account nor the employees have ever posted anything bad or anything at all for that matter about band, api3, tellor and all the other garbage projects

>>28934224
>market
Meant "marked". My brain truly is melting.

>>28934224
Based chart-blind nigger.

>>28932519
same and its sad to see people trying to spin a bullish sentiment on this, its been an awful few months, the only good thing about bleeding like this is that I at least have no intention of selling link this low

>>28933906
>>28933959

there's no room to compete with link
anyone smart enough to actually succeed at something like that would realize it's pointless and just work for/with sergey/chainlink instead

>>28934490
>there's no room to compete with link
compete for what?

>>28932947
And made pivotal tracker private so you cant get updates even if you’re high IQ.
kek

>>28934708
Right now: price feed dominance.
The same thing all those "chainlink killers" and in-house oracles by Maker, Compound, ... are clamoring for; with hilarious results.

>>28932519
I feel the same way. Currently at 50% link, was 100%. As long as oracles sells their link to cover eth gas used and sergei expanding the team like crazy it will stay the worst performing top 10 coin. I cash out 5% each week into other coins. I regret not cashing out last year in August very fucking day.

>>28932947
chainlink was always a scam, we warned you in 2017 that it was only centralized KYC oracles and that they would never release anything decentralized, cause they dont know how.

if they knew how they would've explained in the whitepaper. instead they just made some vague nontechnical references to fool brainlet nonprogrammers, and faked a partnership with Swift. It was enough to fool most of /biz/

>>28932519
Link is a key asset to an infinite money loop with low to medium risk. It involves three chains and at least one cex. Find the secrete money cheat

>>28932519
Fucking same sold my bitcoin for this shit WTF WAS I THINKING WTF WTF WTF

>>28932519
>brain melting rage
if you're complaining about link at this price, you didn't have much of a brain to begin with
s and h, "fellow link holder"

for the first time in my life, i actually mean it when I say this:
it’s over

>>28936190
BTC has has had a 60% increase this year
LINK has had a 300% increase this year.

What are you complaining about?

>>28936337
coping retard.
almost everything else has been a better investment than chainlink since the bull run started

>>28932658
>tfw you bought for the first time at that moment

>>28936444
>since the bull run started
Chainlink started the bull run to begin with.

>>28936444
But as opposed to all the other shitcoins LINK has not dumped. It's a steady climb and it is comfy as fuck.

>>28932519
>measuring your portfolio in sats
ngmi
if you can't figure out why you should just market sell your link for btc now

>>28932519
Pack it up boys that was the top
Dump your bags before it's too late
MVIS stock is the antichrist and will reach 100,000 per share

>>28932519
What's interesting is I have 25 investments, and link has been the exact same % of my portfolio after every cycle, without fail. Its uncanny.

>>28936149
I know you're referring to staking gains and cashing out staking gains via a cex, but what do you mean by three chains?

>>28937450
Wait a minute...

>>28932519
I'm so fucking mad I bought this utter shit instead of DOT

>it’s another episode of BTC pumping to rape LINK’s sats price
I’m so tired bros.

>>28938318
>sats price

there were several old fags including myself telling everyone here that it was going to go back down. Not a coin for the faint of heart. Will buy back at $26, see you then

>>28938124
Thanks, just went all in $ROPE

>>28936149
>>28937450
>>28937541
Can you help a brainlet out here? I get that you stake your LINK stack, use your staking gains as collateral on AAVE so as to borrow USDC (on an "as needed" basis) to cash out via a cex. Remainder of staking gains get re-staked. Loans never liquidate as number go up indefinitely. "Never selling" wasn't a meme. Something like this, right? Can you explain what the third chain is for?

>>28938356
>he didnt sell at the top and buy back 3x his link (or just make it from the btc run)
u-up in $!!!!!

>>28936149
Tell us more

>>28938994
There are hundreds of assets I could've bought instead of BTC that would've made even more money.

>>28932519
Same, we were promised neet nodes and were expecting them with fucking mainnet in sumeer 2019, and almost 2 years later and nothing, it's not even on their roadmap, they imply the oracles will just be centralized with kyc and they'll offer more shit like price sneeds and ocr to make the oracles 10 times more efficient aka needing 10 times more linkies aka making our linkies 10 times more worthless than they already are.
But still not selling, should've sold in august at ath for a shit ton of bitcoin... missed that so I'll hold.

>>28932519
Bullish angsty fag thread

>mfw this entire thread
Holy shit anyone here complaining about the price without paying attention to updates, partnerships, or the tech itself and it's potential are gigantic fucking retards, or fudders that don't know when to quit. All I want is $100 pre-staking, because once liquidity becomes a factor, coffee's getting expensive boys.

>>28939115

Definitely, I remember me thinking what a letdown it was when they announced mainnet and it was just price feeds and you had to interview with Sergey to be allowed to run your node on the network. The security behind the current oracle network is solid though, but we really had our hopes way too high lmao.

>>28938978
you get it, replace aave and bsc with xvs, the maker dao of bsc and auto, the yfi on bsc, and there is another secrete cheat code, that Link is also part of, but, not going to share that one yet, maybe in 3 to 5 months. Involves compounding by farming and loans

>>28932759
my lil bitcoin stocks doin some

>>28932947
Um bro defi dad is onboard. Get your ducks in a row and buy buy buy.

>>28939307
have been asking on other threads what this is all about, don’t wanna be a smoothbrain and fuck it up though

>>28938124
Gotta love how retards can only read the title

>>28933527
I know the feel bro. Best for you is to admit defeat and let go now. I’ve seen this movie before with shit like NANO. It isn’t going back up. It peaked. Even if it breaks ATH in dollars, it will be down in sats and have vastly underperformed compared to almost every other top 10 coin.
I’m not falling for this shit this time. It’s done. I’m done. Fuck you all

>>28932519
Why? 300% gains last year.

>>28939769
The core part is a mid to low risk strategy with modest regular profits. The core part is, you put a part of your asset as a collateral into aave, or xvs or any other defi smart contract bundle, borrow the same asset and restake and reborrow it, until you are close to a liquidation point you feel comfortable paying the interests on. The other part is finding a way to pay back the interests without getting liquidated, which is easily achievable with any strategy that nets a higher apy than the interests acquired. If done right, and with hedging your bets, you now have an infinite money printer, that has a low to high chance going bust depending on how you manage it

>>28940187
this seems... dangerous lol. would love to hear more about your strategies but understand you’d be hesitant to share. if i have link for example, whats the risk of losing your stack while doing this?

>>28933160
This thread should be a lesson to actual old fags
this type of niggers is exactly why you should never spoonfeed newfaggots and always gatekeep
If this nigger hadn't been spoonfed linkies (if not a LARP) he would have lost everything because of wagie niggeroid brain

>>28940375
It is not without risk, but the core part risk can lose at most 10%, this would be 500 Link in my case, which I made already back 10 times in shitcoins, stable coins and Link to manage the loan.

>>28940187
Would it be worth it for a linklet to try farming? I desperately want to add to my link stack, im sitting at 5k link and have been trying to swing some lowcap shitcoins to add more to the stack. Is farming only worth it for those with bigger stacks who can risk 6 figs? Also I guess that answers why so many whales put up their LINK on aave etc, and could that possibly be a reason why LINK doesn't pump as hard as other shitcoins?

>>28933160
you bought into a meme because you don't understand basic economics. it's your fault for being a commie, maybe you should go back to the stock market

>>28940178
Imagine thinking thats good lmao

>>28932519
How many multiples were you expecting on a top 10 utility token this bull run?

>>28932519
Why? I was worried we were below $30 when I saw this. Current price isn’t that bad at all.

>>28940493
i don’t understand, on aave it says deposit apy is 0.01%. how are you making money?

>>28940566
imagine being so poor you don't think that's good lmao

>>28940654
or do you mean
> deposit link, earn x%
> use that link as collatoral to borrow more link at x+??%
>repeat until you are at an interest rate that is manageable
> earn enough elsewhere to cover the interest payments and use the leverage to make a lot of money trading other assets?
is this right?

>>28940542
>Is farming only worth it for those with bigger stacks
Always depends, with 5K Link you can stack up to 8.8K Link if you feel adventurous. Take maybe 500 Link, stack 250 Link with above method to 300 LINK and sacrifice 50 Link to manage the loan.
>Is that a reason Link doesn't moon that much
That is a reason why every mature asset doesn't moon.
>>28940759
correct

>>28933894
How have you not cashed out yet???
I would have taken out atleast 2 million and that would have me set for the rest of my life.

>>28940187
>>28940759
and if thats correct, what sort of interest repayments would you normally lever up to on 500 link? and where are you getting the stable apy above that to be content with the risk?

>>28940868
At the moment I work with a median of 3.8% apy leveraging 5000 LINK, which is overly secure for the current tactic on interest repayment, link accumulation and stable coin accumulation.
>Where do you get stable apy
nowhere, you have to constantly adapt your tactic to make the strategy work. 15% is in extremely low risk, quasi stable apr products, 5% in high risk 15K% apy (12% apr) products; and I have always some Link to counter short term interest spikes

>>28941151
fuck i gotta sleep but i want to chat more about this. are you in any telegrams or anything? thanks for your help anon, much appreciated

>>28941262
In many, but I only lurk those. Chatting only happens on /biz/. Dyor. Took me an average of 18 hours a day and living of rice and beans for three years to get where I am.

>>28941338
i got 5k link and some other shit coins, i just have no idea how to use the defi protocols to my advantage. so lever up, then do you take the assets off aave? or redeposit on other coins and use some of your link to pay the interest? I’m confused haha

>>28940821
So I put up 500 LINK on AAVE and then borrow half of the collateral value ($7500 USDC at current prices) for farming + use that USDC to buy whatever tokens that yields the highest APR? Am I getting this right

>>28941561
I use parts of what I earn to pay off the interests and if Link dips, I buy cheap Link by paying back more Link then the interests acquired.

>>28941692
that is higher risk, if Link dips too hard you get fucked. No you borrow Link with your Link and put the Link you borrowed back on aave and borrow more Link and you repeat it until you feel comfy to pay back the interests. As you have borrowed link and your collateral is Link you can only be liquidated by interest spikes.

>>28941854
so where does this secret third element come in?

>>28941943
imagine you can cross farm shitcoins at similar aprs and compound more liquidity tokens that can be used to farm shitcoins at a similar apy and compound more liquidity token.

Link has never been tied to BTC as much as this upsets you

>>28942032
i don’t know what cross farming is or what liquditiy tokens are... ahhhh why am i a brainlet

>>28933527
hahahaha damb boy tyou seem prettty made lol,
i saw LINK on reddit, bought into link sub $10 mate and I am wrecking it with my pfolio
I am gnna make it, LINK MARINE general captain reporting for dutie lol!

>>28942174
its all a scam bro. just buy more LINK and don't let anyone know your keys.

so is this a good time to buy?
>t. nolinker

>>28942174
Liquidity token are token that represent the ratio of two assets that are put in liquidity pools that are used to determine the price of an asset and provide liquidity to sellers and buyers of those two assets, and the holder of those token get a part of the fees and usually a shitcoin to counter impermanent loss risks. Cross farming is a word that I came up with that describes when you farm in such a way that you end up with the same token you provide liquidity for, doing it across multiple platforms with the goal to accumulate more lp token

>>28941854
Hmm so where does BSC come in all of this? I'm a brainlet please bare with me

>>28942371
the BBC comes into your girlfriend bro

>>28942442
nice one bro

>>28933655
anon this is an incredibly bullish chart, are you serious rn fr?

>>28942371
Imagine not paying 150 dollar in eth to repay your loan, but only between 13 and 30 cents

>>28942351
okay.. sort of get it. either way, everyone should thank this anon for careful time and explanation. appreciate it brother

>>28942480
bro thanks bro

>>28942508
so can you borrow on aave and take it to other platforms to then lend out there? or no

>>28942508
So instead of using AAVE, I use the lending protocols available on BSC instead like Venus? And then deposit my linkies on the platform, borrow more linkies and then deposit the borrowed linkies and borrow more linkies again - and keep repeating?

>>28942591
pic more than related

>>28933527
oh, woah, kek

be careful guys...
an old nemesis returns

Shut up fucker is that your 1st 10% profit ?
don’t be a tard who trashtalks here
tell me what bot r u using for it
I am clever enough to realize how it works
Bot Ocean - the thing you need

>>28932519
WHY WONT THIS PIECE OF SHIT PAMP ALREADY

linkbros...

https://youtu.be/R9V4_aJiFPQ?t=1802

>>28933655
looks like btc before the big pump desu

>>28933655
looks like cup and handle

You do not have to boil you brain $link is great and $link must partnership with $MCM

>>28943069
ur mum's a slow case LAMO

>>28942727
jesus fuck anon... thank you for sharing this knowledge. i am unironically screenshotting your posts so i can figure this out slowly. any other tips?

>>28940759
This sounds so jewish

>>28933527
This was pretty based. He is right, you know.

>>28943069
The more I listen to what he says the more I get convinced, he is the adult Satoshi, less youthful revolutionary, more grounded and still ready to kick off nothing short of an institutional revolution

>>28933655
>checked
>the most bullish chart I have ever seen in my life
Anon, I wasn’t planning on buying more LINK today until I read your thread. This is excellent FUD. Made me angry for a second but then very excited for the future. Don’t sell your link OP.

>>28935958
This fud is getting stale

>>28942491
>>28933897
>>28943200

Holly cope, there is absolutely nothing bullish about that chart. It's a series of lower lows after lwer lows ffs!!!

run it back turbo serg

>>28933920
Nigger I don’t think “Chainlink god” is part of the real team kek

>>28932519
>4D FUD

>>28943069
This guy is like hopium personified

>>28935958
Replace link with XRP and this is actually decent fud to go screw with XSG

>>28933210

You must be fun at parties fren

>>28933655
Btc has been artificially pumped because musk, twitter, media etc... Link will do it's thing organically like it always has.

How is Chainlink $30 yet other projects that are actually used in the real world at this moment for payments and supply chain logistics are like 5 cents? Did I fall for some memes?

Thread is 30% GPT3 bots

>>28943069
My man

>>28942727
Obelisk?

>>28942309
This is the bottom, so yes. Sub-$50 is always a good buy

>>28944562
no it's not by eoy it'll drop to 10 usd minimum. i have a couple of grand on standby just waiting for it

>>28932519

>He thinks bleeding sats while increasing in dollar value is bad

Hey retard what do you think will happen when that trend reverses?

>>28945508

> he thinks it will reverse

>>28945571

Considering Chainlink is the lynchpin of this entire market and the only reason institutional money is investing: yes it will you apebrained nigoid

>>28940858
Anyone with that much money in LINK doesn't need cash. They are probably already rich as fuck.

>>28945123
this will not age well kek

>>28932519
WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

THIS MAN WILL NEVER STOP BETRAYING

>>28938124
>I own nothing
except chainlink

>>28932519
chainlink will forever be a piece of shit because it's built on ETH. How can you people expect it to handle the derivatives sector when ETH can only handle pathetic levels of transactions per second and gas fees are through the roof? Ethereum 2.0 can still only handle 2,000 tps. Still not even close to enough.

SHIT COIN.

>>28946004
they'll just point a gun at u and make u take the estrogen pill

>>28946029
>chainlink will forever be a piece of shit because it's built on ETH
*clap* Blockchain *clap* agnostic.

SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING SUFFERING

join us

>>28933160

>literally invests with emotion

faggot what did you expect when Sergey dumps 500k every time he wants a golden big mac?

WHY WONT THIS PIECE OF SHIT SHITCOIN GET TO $50 ALREADY FUCK I'VE BEEN WAITING 3+ YEARS FOR IT AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>28945699
You don't understand. Looking at the chart means nothing then if you just have blind fait into it reversing. But if you look at TA then the chart is absolutely atrocious. Try not to be this emotionally involved with a utility token maybe

>>28948320
>if you look at TA then the chart is absolutely atrocious
It really doesn't, see >>28933897

Besides that, comparing to sats is retarded.

>>28945757
lol, you got any older predictions to share? btw i believe link will rise, just it'll correct a bit first

>>28932519
>>28933160

>THEY FELL FOR IT

>>28942727
Monolith? Give an old smooth brain stinky a hint. I am tired of wishing for better i want to create better.

>>28934323
based

>>28948577
> copes by believing link will pull an eth
Once again, faith, not facts
>comparing to sats is retarded
Oh, ok you're just a nufag. Go back

>>28949813
>> copes by believing link will pull an eth
>Once again, faith, not facts
lol where did I say that?

>Oh, ok you're just a nufag. Go back
Definitely not a newfag, just not a retarded bitcoin maxi like yourself.

I got into LINK late and I’m up 2x already. The LARP is real for me.

>>28933528
It is bad. LINK/BTC was a bubble. That bubble popped, to hen returned to the normal in January. And now we will crab/bleed sats forever.

It's over. LINK still will be in the top 25 for the foreseeable future. But it's already on it's way out of the top 10. This board is a cult.

>>28951556
Hope you sold!

>>28951662
I bought in December and early in January because I foresaw the return to normal. But now, I'm thinking of shafting my Linkies for a highcap with more potential. My first thought was GRT, but that mooned while I was making up my mind.