/biz/ - Business & Finance

>>29149870
pee pee poo poo

>>29149870
>if you use Off-Chain reporting and cut the gas fee by an order of magnitude, we will witness the most profitable network of putting your VALUE to USE as all DATA flowing into all of DEFI will first flow into CHAINLINK.
He's beginning to believe.

>>29149870
Eric Holder had Paul Walker assassinated to cover up his illegal gun smuggling operation in Mexico known as Fast and Furious.

The day approaches

>>29150640

>>29149870
The big brain nigga was u all along
>ygmi

>>29149870
If you truly are a newfag, you should read these. They are a little dated now but you will be able to see why anyone with a higher than room temp IQ is holding a significant portion of link. I'll only link this as you look to actually have done good research.

https://imgur.com/r/LINKTrader/bklfSCi

>>29149870
What a pure fucking cope specimen this essay was from a wet, slapped bitch linkmarine trying to pretend she's impartial.

>>29149870
doesnt chainlink still kyc their nodes, and its just a handful of them which makes it centralized

Chainlink will be the data layer. Ethereum will be the settlement layer.

Hey you! Yes YOU >>29149870 ! Make sure normies do not become aware of this. Thank you

t. Fellow anon

>>29149870
and that doesnt affect the price
what affects the price is 60% of circulating supply being used to actively short it, tranny

>>29151194
>because AAVE isn't paying Anonymous 4chan user psNOeff9 to supply them with data via his node hosted on his mothers 500kb internet connection chainlink is centralized!!!!!!!!!!!!

>>29151225
the internet of blockchains interconnected by chainlink will be the settlement layer

>>29149870
Opinions are like asshole, everyone has one

>>29149870
I don’t like link shills. I want to actually use it as currency so I’m sick of it going up and down because normies

>>29151285
60 fucking percent? How the fuck do we change that

>>29151693
*Boomers laughing in the distance*

>>29150640
>>29150838
>>29150896
>>29150966
>>29151092
>>29151194
>>29151278
If my thesis is correct, then all price action up to this point is simply miniscule to what will happen when a yield generating mechanism is released for Chainlink.

>>29149870
Sell your Link before it goes to zero.

>>29149870
OP. You're right. Now keep quiet about it and FUD Link. Also BTC is a Ponzi scheme as it doesn't provide ROI unless you sell.

Man I didn't grasp anything that you wrote but my Link is worth a million bucks.

>>29151857
It's not a currency

still waiting for a bitcoin maxi to come in and tell me where I am wrong

I read this as you complaining about a LINK shill while also making a LINK shill thread.

Either way keep shilling LINK by all means. I’d certainly appreciate it.

>>29152481
Yes, without staking, essentially all price action is speculation.

>>29151582
Delete wtf

>>29149870
Yep this is correct. It’s possible we see a bnb like rise. Just pretty unsure when that will happen will it be a few months, a few years. Tough to predict but we’re really lagging behind the market right now by crazy amounts

>>29149870
You talk like a fag and your shit's all retarded.

>>29154407
Thats not true at all. Link is currently securing 10b or so in de-fi. And that’s it’s worth. In fact speculation makes up very little of it.

>>29154769
Like I said, once Insurance protocols gain traction (they will), this will open up the Chainlink network to any and all web API data. it is at this point or at the start of this point that a staking mechanism will be released. The utility of the network will grow EXPONENTIALLY as its no longer bottle necked by price feeds, which are inherently LIMITED

>>29149870
You have 30 minutes to delete this.

>>29154962
Ya price fees are boring as fuck. So you think Insirance is next? What do you mean all web APIs?

>>29149870
>>29150640
Looks like he scratched the surface. Link is the middle ware between the non-deterministic world and the essence of determinism. Middle ware usually has this less significant connotation, but in this case it's of most importance. Without it were stuck in-between. Deterministic state in a void and the non-deterministic world incomplete. What a tragedy

>>29154022
Thing is you aren't.
Let me tell you something because you seem to be one of the few intelligent newfags here. What you're experiencing now is the same we did in 2017 & early 2018. afterwards it was mostly shit posting and fudding because we already figured it out and got bored with waiting. The more you dive into the value proposition of CL the deeper the rabbit hole will go. The possibilities are nearly endless and I think we still only scratch the surface, nobody predicted uber/twitter/onlyfans/Amazon etc... when the internet started in the 90s. The only thing that will nag on you constantly is how much less the average idiot anon/twitter poster/plebbit gets it and hence the price movement is not as fast as you would expect. I genuinely believed that 1k eoy 2018 was not a meme, but I grossly overestimated the intelligence of the market.
Just buy, hold, stake and enjoy the ride.
t. Block 452

>>29150835
elaborate

>>29156085
hes been posting that in link threads for years just enjoy it

>>29155122
Here is my prediction after spending damn near 48 hours reading on Chainlink and listening to Sergey Nazarov speak. But again, I'm just a brainlet.

Price feeds exist first because it's what DeFi NEEDS. Any joe schmo can find an arbitrage opportunity and game your protocol if they take a loan out on an assets which price is leveraged against one single exchange. For example, you have 1 million dollars sitting in a protocol. You take out a loan and manipulate the price on this asset that the contract is receiving data from, and it costs you $100,000 to do so. In this scenario, it is game theory optimal to act dishonestly. Therefore, if DeFi lending protocols want to stay COMPETITIVE, they MUST use a Chainlink price feed. With it, your $1 million locked up in the DeFi protocol will now cost $2 million to game, and it is no longer optimal. Lending protocols are secured against this attack if they aggregate their data, and those that don't, will simply fail in due time. It is the very nature of free markets.

But, the network is LIMITED in what data it provides. There are only so much price feeds you can onboard before you run out.

Once an insurance protocol comes onto the scene, and even if this insurance can guarantee ONLY a 5% return on loss funds, users will FLOCK TO IT because 5% it's better then the current 0% you're insured currently against rugpulls/loss etc.

In the next 6 months, we will see a massive spike of insurance protocols that insure JUST DeFi products. Shortly after this, insurance protocols will be the buzz and they will begin branching out to insuring the non-deterministic world. It is at this point or at the start of this point in which a staking mechanism will be released as the network is no longer limited to just PRICE FEEDS but rather any and all public API that exists on the internet.

I am going fucking crazy here. you fuckers were really onto something.

It doesn't even have to be staking that instantly pumps LINK to pump $100. The reduction of fees for LINK deployers once Arbitrum launches will do just as much.

>>29151858
more demand for Link loans making interest rates rise
reducing supply of Link to make interests rise
Trap nexo, celsius, yearn, aave, compound, bancor... recreate 2009. Watch if sergey was right. Buy Smart Contract default swaps

Is it safe to keep LINKs on Nexo for that sweet sweet interest? Or will I get pajeeted?

One problem: if all of this is true

Why is it dumping?

>>29149870
Hey Buddy, can you actually delete this fucking thread??

>>29157038
Nexo employee Simeon shorted LINK with leverage and created hundreds of pages long fud report to suppress the price

you would be a literal idiot to hold your link there, same goes for any other cex really

>>29157038
no. Nexo does what you could do. From nexo you get 5% shitty percent. If you do the borrow re-lend cycle on your own you make between 25% and up to 60%, depending on how much risk you want to take

>>29157141
I want a Bitcoin maximalist to come in here and tell me where/how I am fucking wrong.
Someone. Anyone. The floor is yours.

>>29157038
just refresh Bancor until you can pool it there

>>29152757
Same thing with gold...or any other non fiat asset if we’re to take your advice

>>29157038
id trust aave or bancor more. celsius even IMO if u want to avoid gas fees and are poorfag that needs it to be centralized/dont trust smart contracts

>>29156879
>>29156468
>>29155678
>>29155122
>>29154947
>>29154125
what does all of this MEAN? im such a smoothbrain that I just bought literally a suicide stack of link this week. HOW CAN I JOIN THE SINGULARITY RACE

>>29157238
I don't know what you mean. How/where would I do that?

>>29157150
same goes for every service doing the same that was done in 2008/9. Buy credit default, and smart contract default swaps on aave, nexo, bancor, binance, all the shit on bsc, celsius..... be prepared

>>29157275
BTC maxis are idealist ancap retards for the most part. their brains shutdown when you mention anything but muh bitcoin, so i wouldn't get your hopes up

>>29157038
if youre going to put your linkies on an exchange for 'staking', gemini is probably your safest bet. Though theres always counterparty risk involved in a cex, and code vulnerability risk in a noncustodial contract. I choose not to risk my linkies and opt out of current 'staking' rewards.

>>29157364
aave, venus, maker dao..... every lending service and smart contract

>>29157275
Bitcoin maxi won’t refute you, cause BTC gonna get wrapped in the ethereum blockchain. How else is it going to interact with DeFi and other Dapps.

Now please fucking delete this damn thread.

>>29149870
don't spoonfeed them, delete this

>>29157323
keep your link out off vaults, cexes giving your some interests, and google lend re-borrow cycle

>>29157323
bumping for this
All I know are market caps kek

>>29152481
Every single thing happening in crypto right now is a chess game to take positions for when the inevitable global transition to a smart contract based economy happens, in a couple of years time.

Finally, a good chainlink thread

>>29157532
if that is true, why use BTC at all? isn't it better to use a token that is native on ethereum?

>>29149870
LINK fudder here. I knew close to nothing about LINK. I only do copypasta FUD and memes. At the same time I do have a suicide stack from 2019. This thread probably improved my knowledge about 100%. Will use this to create new fresh FUD pasta. Thanks newfag

>>29156206
It's a discord "secret signal". They're beyond faggots, it's best to just ignore them.

>>29157826
First mover advantage, and scarcity. It a store of value a good one at that. But normies are fucking retarded. There no turing complete in the btc code, what why eth came in.

With eth and defi, you’ll be able to interact with Dapps using BTC. There no work being developed on the BTC network beside lightning labs.

>>29149870
>>29150640
>>29151225
>>29152481
>>29155678
>>29156468
>>29157275
>>29157532

So in simple terms, what is the long term price potential of LINK then?

And by extension, ETH and BTC?

What's the make it stack for LINK?

>>29158108
sounds fucking stupid if you ask me
it won't be a particularly good store of value when it slides down coinmarketcap
imagine BTC as rank 10
> muh store of value
fucking boomer coin dies
death spiral is coming
most of /biz/ unaware

>>29158109

Make it stack has always been 1k LINK

Hi NKK

>>29158109
The long term price potential is determined by the value the network can deliver, the network delivers more value as the network compounds in growth.
The network has barely got started yet, the price potential grows as much as middlemen can be removed and data is valuable

>>29158109
>what is the long term price potential of LINK then?
1000 EOY

>>29157826
Take this entire market and pretend like it's an imaginary kitchen.

You go and buy food. In this scenario, food represents ENERGY. more specifically, STORED ENERGY. Everything humans have found, find, and will find valuable is stored energy.

Now you take your food and store it in the fridge. This fridge is Bitcoin. You feel safe knowing that your food (value/energy) is stored in this fridge. Its protected.

Ethereum now is taking the food and creating a meal out of it. If you read a couple cook books and become creative enough you can create great meals that are better than simply just storing your food in the fridge. Of course, you run the risk of spoiling your food or creating a shitty meal.

ChainLink now is the entire fucking lexicon of every single spice you can add into your meal. If you want to create a good meal, you need these spices to stay competitive against every other chef making meals.

You will not gain value over bitcoin by simply holding onto other coins. Not Ethereum, not Chainlink, not x y and z shitcoin. But you can put your value to work

Get it?

>>29158109
It the millennial equivalent of investing in http/ip protocol. No one knows, but those two protocol underpin modern day digitial commerce.

It never had a value capture mechanism, but guess what LINK does. Do with that information what you will, OP delete this fucking thread now!

>>29158352
It not dumb, cause there no way to print more BTC only way it dies is if satoshi rug pulls. It value will increase cause you can interact with Defi and Dapps.

>>29152248

>>29149870
Go back to plebbit nigger.

>>29158109
>what is the long term price potential of LINK then?
coming to this realization, I can't even begin to fathom the value of a matured Chainlink network. It will be the fucking HTTP protocol of internet systems. A layer on top of information systems. And its one you can invest and personally participate in.

Jesus fucking christ. The implications of this.

>>29158720
except bitcoin fucking wastes energy, dumbass
>>29158727
> no way to print more BTC
> It value will increase in value
you hear how retarded that sounds? fucking boomer
I am an OG marine but bitcoin is useless
keeping track of 21 million coins
and performing transfers
any fucking protocol can do that today
and don't waste energy like that
why would people cling onto BTC in the modern world?
fuck your BTC
I'd rather hold LINK because LINK is not fucking useless the way BTC is
LINK can generate value
BTC does not generate value at all

>>29158727
>It the millennial equivalent of investing in http/ip protocol.

WIth that comparison, then LINK's value should be absolutely massive, and right now it is supremely undervalued, almost pennies worth. Can this truly be right?

>>29159285
You're thinking too literal with my words

>>29159191
so are we a 10x, 100x or a 1000x from here?

>>29159363
You don't need BTC boomer
BTC dies
and I will shit on its grave one day

>>29159324
Just watch Sir Gays slide show once, he litterally explains everything rather simple and passionate.

>>29159324
/biz/ is like 3 years ahead of the market.

>>29157799
>in a couple of years time
yeah more like in a couple of months considering how sergey is accelerating dumps

>>29159449
I have no clue. I'm just going to enjoy the next couple years.

I'm another late party but about a couple of weeks ago I come to understand link as the eyes to the blockchain for the outside world and that connects the two, effective tying up or uniting both markets. Sold some shit off and got a loan and managed to get 1.2k link. Never felt more sure

>>29159514
fucks sake. That man is a true visionary. Unbelievable I slept on him for so long.

>>29159449
>10x, 100x or a 1000x
and, not or.

>>29151582
Cosmos(ATOM) is the internet of Blockchains. Nice try.

>>29158109
Long-long term? like REALLY long term?? (2030)
Bitcoin 10,000,000USD
ETH 750,000USD
LINK 100,000USD
do with this information what you will.

>>29158109
>So in simple terms, what is the long term price potential of LINK then?
>And by extension, ETH and BTC?
Link is blockchain agnostic it does not care in any way particularly about BTC or ETH, the fact that the token is an eth token has no bearing on that, the link network is not based on either eth or btc but is its own network.

>>29150560
Very eloquent sir, you have convinced me.

>>29149870

Dude you have at least gotten to a C+ level of understanding link, which is more than most people. If you, knowing what you know, don’t get at least a suicide stack, well...

>>29149870
Argument beginning with "Let's say" gave me a Ben Shapiro vibe, but turns out unlike him you're not retarded. There are many other aspects of how LINK is positioned in this that make it a very safe bet. I used to think it was going to be some technical releases like service agreements that will one day instantly catapult LINK into stratosphere, but now I realize the most important thing that make LINK's dominance inevitable is the fact that they have become the de facto STANDARD before 99% of their future clients even realized they will need them. It's as if someone started pouring billions into research of energy storage and became the owner of all patents related to lithum ion and lithium polymer batteries a few years before mobile and electric car markets took off.

I solemnly believe LINK will be worth $81000 in my lifetime and $1000 before 2025, maybe even next year. It actually seems inevitable when you think about it. The only thing that can stop them if they have some catastrophic security issue, but that seems unlikely considering how much time and money they spend on audits.

>>29150838
If link was 100k, wouldn't that make it prohibitively expensive to use link oracles?

>>29156468
Listen dude we all knew this in 2017. We had high hopes and aspirations this would already have happened and it hasn’t. We hope it does but we’re losing faith in a team a bit. But yes it’s why I bought 50k on day 1. Youre not trippin youre just finally catching up. Insirance is only one market too. Just watch and wait

>>29149870
kys

I'm working on my 1k sui stack, got about 150 by putting money in every paycheck. I just turned 4k into 16k on the binance smart chain. I'm going to let it ride for a bit then start taking profits into link. I want all the oldfags to know that I couldn't be more grateful for all the breadcrumbs. I know it hurts to be crabbing along during the bull market, but if you know what you hold you'll never be tempted to sell despite bull/bear market or any short term fluctuations.

>>29159692
that would make me a billionaire so I wont believe it haha.

>>29159616
i get the feeling from the thread that you are just pretending to be new to chainlink. but if you are sincere and have genuinely recently taken the link-pill then welcome fren, you seem smart

>>29160298
you will continue to hold and not take profits during this bull run? you holding 50k link is incredible.

>>29160162
Could you explain who would be able to afford LINK services, if Link was 81,000? All of these coins as service products all have this same issue: If the coin rises above a certain threshold, competitors will arise, and people will use competitors. We're seeing that with etherium right now are we not?

/biz should start finding breadcrumbs for other projects.. chainlink has already mooned its time to move on ready ffs.

>>29160282
The tokens would just be divided further up to 18 decimal points if need be. .00001 LINK could be worth a decent amount some day.

>>29161027
shut the fuck up

>>29161090
Okay, but what's driving the value of the link coin up that astronomically high if the services are getting effectively discounted to remain affordable?

>>29160811
Yes I won’t sell I won’t take profits. It’s gotten me this far, I’m ok losing 50-60% it’s just the way things go. I don’t think that will happen right now but maybe when we hit 50 a 30-40% loss may happen. That’s ok I’ll still hold. The whole game is about getting in early it makes literally everything so much easier. That’s why I hate those fuckers for getting pre-ipo prices in traditional finance fuck those assholes.

>>29161006
15 decimals

>>29161438
Amen to that, fuck “accredited investors”

>>29149870
>starting to get to you after 3 years
Big oof

This is music to my ears OP. I remember a reddit GME shill that sold his LINK bags because, "something something token not needed" and that LINK was crabbing too many times "unlike in the past" even though the returns on LINK historically have been extremely consistent across time.

Now GME has tanked and knowing that reddit fuck got owned has me in a state of euphoria

>>29161352
Are you some special type of brainlet or something? If I wanted to make each call $0.01 at 100k USD per link that's 0.0000001 link per call. THERE'S STILL 8 MORE DECIMAL PLACES TO GO TO IT'S MINIMUM DENOMINATION.

>>29161438
Going by this thread it's still "early" for LINK though right? I mean, 2017/2018 investors already saw massive gains, but comparatively speaking that's just a drop in the bucket compared to what could come right?

Only have a """stack""" of 38 and DCAing more with every paycheck on that premise.

>>29161352
The services wouldn't be discounted, and the transaction value would remain the same. It's just moving a decimal point.
$100 = 1 LINK would just become $100 = 0.1 LINK and so on.
>>29161438
This. It's why I have no qualms with being "lucky" to buy Link early. It was merely one of the few opportunities in this rigged game that people like us were able to get into something valuable early. Those very early multipliers like from $.10 to $1 are fucking significant.

>>29162413
Newfag here, firmly convinced we are early. Racing to get 1k so I don't kms when it moons see >>29160483

>>29162413
I would compare it to people who bought BTC at $1 and then people came in when it was $40 asking if it was too late and if they were still early. If you understand the implications that Chainlink has, and how much growth it still has to offer to block chain and decentralization then yes, you are still very early.

Where we're going we won't need fiat.

>>29149870
Shhhh

>>29162413
yes. buying link at $30 is still ridiculously early

>>29162595
yes but even comparing link now to BTC at $40 is underselling the potential of chainlink

>>29161006
Not sure if fud or you just misunderstand the basics of crypto. Link nodes are paid in LINK but the amount of LINK paid is a result of free market forces. When LINK is $81,000 and market decides 1 API call is worth around $0.01 then the price will be around 0.0000001234 LINK

>>29154947
And what use is the token you currently hold to that? The team subsidise with their own wallets, they are securing that amount by selling LINK to ETH. I'm 95% LINK and I belive in $1000 but get your tokenomics right.

>>29150640
>>29149870

>He's beginning to believe.

OP would have fit right in during the 2017-2018 Golden Era of LINK discussion threads. Now you understand why we are so bullish in the long term frame. Its not even just the scalability. ALL data will flow through LINK first and its value is collateralized by LINK. LINK will probably be top #2 by the end of the decade.

>>29162631
>>29162595
>>29162560
>>29162413
spent 30k recently on a suicide stack. will be dca every month during the bull and bear markets. kinda feelings like finding btc or eth at 30 bucks

>>29152481
>If my thesis is correct, then all price action up to this point is simply miniscule to what will happen when a yield generating mechanism is released for Chainlink.

Not only is this correct but as more users flow into to the project and stake for yield and the yield decreases but because of the well thought out tokenomics the price of the token naturally appreciates as that happens because network growth directly correlates to token value growth.

>>29156468

In 5-10 years 5 figure LINK is completely possible. The token grows as the network does and eventually there will come a time where all fortune 100/500s realize they need it to stay competitive in tandem with all the proper tools of composability in existence for developers to create specified use cases for their companies and industry. That is what the singularity actually is.

>>29162300
Checked, I did post in a few GME threads saying I'd sold all my link for GME though, so you may have been bamboozled. I highly doubt anyone with 10k+ stacks believes anything they read on here as it's more a game now, I'm not sure how new you are but I'd reccomend doing the opposite of what /Biz says... Except in this thread which is actually good.

>>29149870
lmao took you long enough mate

>>29163499
Linkpool is a good example of the craze that will hit with staking same with GRT. People want to stake link needs to give them an opportunity for that. I guess the main question is what will make link staking so much more attractive than those other options or eth2.0 stake

>>29163971
Hahaha I did the same 50k link holder. I was just pissed bc link was crabbing so much so I said it on biz. I didn’t sell a single link for Gme

>>29163461
Congrats, anon. Welcome to the club.

>>29163971
>>29164114
There was a bunch of posts during that time but there was one in particular that seemed fairly serious. His vernacular had all the markings of a redditor as well.

>>29157290
Yes.

>>29163883
Oh man I hope this is right. For fucks sake with my pathetic stack of 38 I'd be a millionaire if it even reached close to that. And I'm going to accumulate more, as much as I can.

>>29164032
>Linkpool is a good example of the craze that will hit with staking same with GRT. People want to stake link needs to give them an opportunity for that. I guess the main question is what will make link staking so much more attractive than those other options or eth2.0 stake

Other staking services increase token value only because they remove the asset from circulation while demand is still present. For LINK its different. As the token value increases the same previous value that was collateralized on smart contracts can be done with less LINK so the token must grow to facilitate that network growth. Staking will be great for dividends but absolutely insane for price appreciation as we get to a point where you must have LINK/smart contract automation to compete in the market. The same institutions who are using LINK to compete will also be running nodes and staking to reduce costs.

>>29164547
Why do you think none of the whales actually sell. There an infograph somewhere but there 10k+ holders who have never moved for a few years now.

>>29164547
>Oh man I hope this is right. For fucks sake with my pathetic stack of 38 I'd be a millionaire if it even reached close to that. And I'm going to accumulate more, as much as I can.

The best time to buy was 3 years ago but the second best time to buy is now. Patience, discipline, and vigilance and you will make it.

>>29156468
I'm sorry you discovered this late, but it isn't too late yet. Buy as much as you can and hold it until staking is out, you're one of us and you deserve it.

>>29157141
oh eat shit. Normies are already priced out of a suicide stack. What do you care if they make ten grand on the singularity?

>>29164711
I just can't wrap my mind over how easy that is. I'm a brainlet and new to crypto as a whole (even though I've been on and off /biz/ long enough to miss out on ETH and LINK when they were originally shilled) so maybe that's why.

Surely there has to be some kind of economic correction that should occur right? Otherwise there are going to be so many new millionaires/billionaires just from investing a few thousand into this at the right time.

>>29164937
>The best time to buy was 3 years ago but the second best time to buy is now. Patience, discipline, and vigilance and you will make it

I plan on it. Been accumulating blue chips over the past few weeks, with LINK being my largest holding. I've also invested in some DeFi shitcoins on a gamble to make some quick profits to reinvest (OpenDao).

Honestly I can't wait for the bear run to really buy in heavy.

Link staking will be a massive push forward for adoption, but I doubt the rewards from it can compete with the food tokens or even with legit AMMs. Good job OP realizing what's going on, although I suspect you're an old linkie. We're all going to make it you jesting bastard

You had three years. It was all in the whitepaper

>>29149870

YOU HAD 3 YEARS

Congrats on figuring it out OP.

What do you all think will happen with the price at the end of this bull run? Will Link crash 80% with everything else, or does the network utility outweigh the speculative bull craze? I guess it probably depends on whether we're at $50 or $500 when the bear market starts though.

>>29163296
>LINK will probably be top #2 by the end of the decade.
You mean, The top #1, right? Now, stop for a second and think for 10 minutes about this. This is the real flippening that will occur. This is the real secret. Ooooooooopppps

>>29165066
The economic correction, is the singularity. You will be a sovereign individual.

Since you guys have been talking about insurance protocols you might want to take a look at Opium. Just a suggestion from an old marine. I'm done accumulating and linkies have strong hands so don't mind shilling it here

>>29165534
As a new accumulator, I selfishly hope it collapses so I have more time.

>>29165534
Respect the pump. You'll be hearing more of that in the coming months. We ain't coming down like we used to my man.

>>29165674
Possible but BTC could easily retain its status as the store of value for the blockchain while LINK makes all layer 1s settlement layers at best.

>>29161027
there are no other projects like link. The next one probably won't exist until chainlink is live and developers are beginning to be limited by the next problem, which doesn't exist yet. We'll find that one too so just lurk newfag.

>>29165751
I'm not certain what will happen. The fact that Ethereum crashed so heavily in 2018 makes me think Link will do the same, but Link has always been different. It has only ever grown during the bear market, but it did crash from $1 to $.13 during the 2018 crash.

>>29165066
>>29165687
This, it should be required reading for every link holder

its wrong cuz no one cares about this boomer dinosaur coin

>>29165674
It’s not going to happen. Too many BTC whales already know and understand link and they’re not apeing into it. As a 50k holder there has been some amount of delusion we have been under. BNB however those niggas did it. I simply can’t fathom seeing link do anything remotely close to this.

>>29165534
I think whatever upcoming correction occurs will be quite different than 2018's. Many lowcap shitcoins with dubious usecases will definitely be purged again, but there's a lot of legitimate projects in this space now; far more than in 2018. The decline won't be as across the board as it was before, and some things will weather the storm much better.

So much copium handled down to newfags in this thread
Stop trying to make them believe everyone will be a multi millionnaire with any stacks you're just setting them up for failure

>>29164616
Why not like users of the data will pay more to use tha exact same data feed?

>>29166222
These days a lot of projects matured and has its own name, unlike in 2018 when a lot of young projects held on to the reputation of Bitcoin to survive.

A crash is still a crash but it won't do anything close to a killing blow.

>>29150966
>a significant portion of LINK
But bro ive only been able to accumulate 100 stinkies.... i will never hold a significant portion.

>>29157323
it means we are all going to be fucking rich, yes even linklets with 100 bags are going to be mega rich

So buy more GRT, got it.

>>29166467
I think 2017/2018 was the equivalent point of the tech bubble bursting, now the time to see the rise of the crypto equivalent of microsoft, amazon, and apple.

>>29166388

I'm not sure what you are asking here?

>>29165964
Agreed. Read that book about 2 years ago and have changed my entire way of earning/saving/viewing the world. That book should be /biz/ approved.

It's fucking retarded. No one with enough money to matter is going to pay for some token held by some slavs to get some meme service. Also this fucking token isn't supposed to be worth more than coffee no matter how much they try to hide this fact now.

>>29166602
>>29166536

I mean GRT already made me 10k+

I make literally 40k a year. What the fuck.

I think we're all going to do alright in the comming month or so

Love you biz

question, linkies. i have 4 eth and 600 uni. should i hold those or put some (all?) into link?

>>29166047
binance shill detected. Imagine shilling the equivalent of a 24 hour fitness day pass coupon.

>>29150560
Based

>>29166737
>>29165964

3rd LINK holder to post about needing to read this book. It could have been you everytime though lol Its time to buy it.

>>29150966
Holy shit
I reread these so many times back in the day and sent this link to a few friends. Had totally forgotten about it.

>>29157532
both bitcoin and ethereum are retarded too

but at least with bitcoin you can brainwash people into it being decentralized (it isnt)

but with the rest of shitcoins you just can't because it's too obvious

>>29166501
the beauty of link as an investment is that is the most forgiving of all projects. You will earn staking rewards in link, so as long as you are patient you will increase you stack for free.

>>29151858
Staking. All the link parked in binance, coinbase, and defi protocols is indeed suppressing the price.

>>29166858
If you read through this entire thread and are not going all in on link and continue to accumulate link, then you do not deserve to make it

>>29166852
can someone refute this fud or are we fucked

>>29158720
Anon, I love you.

>>29167462
anon, I tongue your anus

>>29159285
A Bitcoin represents the energy that went into it. It's the the most literal store of value that can exist.

>>29167066
i'm just trying to be careful man. i don't want to drop uni entirely or eth either, but i'm wondering if it's worth dropping half of each into link. drop the shill for a minute and help a brother out.

I sold all my chainlink at $31. I'm going to wait for it to pull back to $10.

>>29167712
low effort

>>29167712
Anon, I...

>>29165942
PNK

>>29149870
Yep you madam are fucking nuts, just like all the coping linktards itt

>>29167772
look man I bought in the day it was put on coinbase, took my 10 bagger and now I'm moving onto better things.

>>29167905
Link is the only coin I don't trade. I trade the other 35% of my portfolio so that I don't get bored and trade my Link.

>>29163461
you're a madman... congratulations.
wish I had that amount of money.

>>29167999
I'm turning all those links into physical silver. Like the old saying goes, "If you can't hold it, do you really own it?"

>>29166920
My first time posting that book as required reading. Its not just link or crypto related. Its a book which talks about how governments have a monopoly on violence and how tech changes things in a way which will change everything about the way we live. I highly recommend it if only to make you think and ask the pertinent questions of whats to come. The 4th industrial revolution etc etc. Sorry for rambling Im enjoying drinks.

>>29167674
Do half of each, they’re all correlated to each other.

IT'S OVER FOR LINK

ALL HAIL THE NEW KING, BRY!!!!!

>>29167905
how much was chainlink when it went on coinbase?

>>29168115
You don’t get money. Stop giving bad advice. There a reason why ancient civs used beer and silk brocades for taxation...

Even fucking salt bricks.

GET REKT YOU ABSOLUTE BAGHOLDERS!!!!!!!!!!!!!!!!!! BRY WILL TAKE OVER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>29167039
Yeah im looking forward to staking. Hopefully i can with my meager stack... but i wanna make it and not have to be a wagie anymore

I just bought my first link. I've got about $320 to spend still but I'm debating waiting until Sunday to see if I can catch some dips

>>29168072
thanks anon. i dont consider myself a madman, just someone who can see whats in store for us.

>>29168115
>I'm turning all those links into physical silver
drooling retard levels of boomerism

>>29168126
care to explain a little further?

>>29167648
Feels good man.

>>29149870
>Let's say I believe everything in this market is worthless except BTC and ETH.
On a long enough timeline maybe but thats a lot of assumptions. I dont hate your direction of thought travel here thought. Sort of, yes.
>Bitcoin is VALUE stored in a protocol, and Ethereum is VALUE put to work
Protocol layer has higher value in crypto compared to anything else, dont reinvent the wheel here.
>If you successfully build and launch a network that can act as a secure middleware between the deterministic world and the non-deterministic one
Middleware has value, l2 and l3 protocols still have better value proposition than l2 or l3 applications. Link will increase in value relative to ETH whenever it breaks out of the recent long bleed.

>>29166852
>>29167394
If you're seriously shook by this ancient and easily deboonked fud then you need to:

A) Sell your stack and never look back
B) Read the fucking white paper. Not just read it but understand it.

>>29163461
Even as a 92 linklet I feel like IAGMI

>>29168115
>Like the old saying goes, "If you can't hold it, do you really own it?"

I've been holding for years. How the hell do I start a node? Do I have to start on KEEP3R? Someone tell me how I can start building reputation.

>>29152481
I remember feeling sick when I realized how big Link actually will be. That was 3 years ago, and yes I went all in back then.

>>29168342
it was like 3 bucks.

>>29162980
Why would link be 81,000 at that point? What market forces drive that up, if the actual price of link is decoupled from the price of link services?

I have 4 LINK

>>29170372

KEEP3R is like being in the minor league, once you get good enough you'll be able to work in the major league. You're best to hang out in related discords and ask questions!

Imagine what DECO will be capable of...

>>29171688
How does 324k sound to you, anon?

>>29165430
Some of us were busy shitposting on other boards

>>29172000
>>29171663
>>29162980
>>29161006
Where did this LINK meme of $81,000 come from? Like why that specifically?

>>29172000
Just got a job after finishing uni so only just started with crypto, should I put more money into it?

>>29172165
Derivative market 10% value or something like that. Muh kingmade theory.

>>29171688
How does 1/250m'th the value of all data feed transactions done on chain over the next 30 years sound? plus more

>>29172266
Yes

>>29171782
What kind of discord or telegram groups would you recommend?

>>29172401
Wrong pic

>>29172266
What does the string of repeating digits tell you

I think this thread is still worth reading, back to page 1

poorfag who just bought 23.
Good vibes itt, think you guys are right

>>29173469
you are correct. it's really pissing off the trannies.

>>29173469

Reputation.link
Chainlink
Linkpool

Anything that may be related to nodes. You'll get better answers there than here.

my only Q is, is it worth selling at the peak this cycle, or are you all riding the next bear market hoping it holds ok?

>>29173634
Hm, okay, I'll start sniffing around there. I hadn't seen the reputation site, that looks like a good one for figuring out what real node operation looks like. Thank you for the tips. Is this an area in which you have had any success?

>>29173782
What is the peak? Do tell!

>>29173782
we don't know where we are in the bull market. If you can time it accurately go for it, but i'm not risking my stack. We have plenty of examples of people failing through trading, and plenty of examples of retards who forgot they left bitcoin in an old wallet making it.

>>29164711
someone plz post infograph

>>29173782
flirting with death if you sell any link at any time

LINK is great for on-chain transactions (within the giant ponzi scheme of crpyto)
As far as off-chain information verification it could only ever work with publicly available info. It will never work with privately held information because people can simply game the inputs/lie.
Sorry Linkies, looks like human-to-human trust is actually a necessary part of any contract and trying to code your way out of this is foolish transhumanist faustianism

>>29174156
you are trying to refute big data

>>29156468

When you have seen it as we have, you cannot unsee it

It's an epiphany that rivals and surpasses BTC

HOLY FUCK HOLY FUCK HOLY FUCKKKKKKKKK who else got the upgraded contract email!!!!!!!!!!!!!!!!!

OP delete

>>29173634
Is it worth "staking" on Linkpool if I have only 100 link?

I'm watching the Chainlink network in action. This is incredible.

>>29149870
Yes.

Who cares...

Chainlink is going to crab the whole time

>>29151092
>(she)

thats a man, baby YEAH!

>>29151194
this

you guys convinced me, gonna dump some money in LINK

>>29176371
For real.

I'm down in sats. I'm always fucking down in sats.

Where does Everest fit into this?

3k into link or GRT someone tell me the answer right fucking now!

>>29176984
grt

>>29149870
Ethereum is dying and the developers are incompetent and have ROYALLY fucked the pooch.

>>29177065
Maybe back at .40 cents. GRT looks like it MIGHT pump to 5 bucks in the immediate future

>>29177157
people are saying link is gonna be at $80 eoy and grt at $10 thats like a 2.8x vs a 5x

>>29149870
At the point where my mom who can't send emails knows that Ethereum and Link exist i honestly believe everything will correct it self at least to levels when BTC was at 3k.

>>29177248
GRT has way too much locked up coins that are about to be released. Risk v Reward Chainlink far better.

>>29177065
>>29177157
I made a few bucks off the pump, if I was to put 1k-2500 per month into one of these pieces of shit what would you guys suggest for long term haul?

>>29177452
>could
cope

>>29177248
>>29177157
>>29177316
>>29177324
is the graph a token not needed? really unable to find the use case for the token. thanks anons

>>29178178
developers have to spend it to query the blockchain for their dapps

>>29178269
an anon on some thread said devs can pay the fees in fiat. also mentioned of not being able to find a whitepaper. i couldnt find one on their website.

>>29149870
its a matter of pee pee and then some poo poo. very easy to understand when it clicks.

>>29168716
Not sure if you are still here. Sorry I am drinking with friends so afk but Ill try my best to explain if you still in the thread....so why do we pay taxes? Why agree to give some of our productivity to someone else. Because that someone else protects use from anarchy. In feudal times the lord protected the plebs from bigger gangs of robbers. The lord was bigger he had a monopoly on violence. So in the industrial rev the nation state gained a monopoly on violence and as the biggest bastard he got to make the rules and change them if needed or whatever. Cause in the modern age what other choice do you have. Obey the gov, pay your protection (taxes) or else. Well tech is changing things. I am not restricted by place of birth. I can put my networth outside traditional ways. I can run my business from anywhere in the world with wifi. Governments will no longer have the monopoly they did. If my gov doesnt treat me better Ill go somewhere that does and bring my money with me (think tesla moving from cali to texas cause cali is too refulated and taxes are too high, texas friendly). So ppl will do tjis more and more and as WE get back our options the govs lose their monopoly and instead need to compete. The productive will be sought by govs seeking tax revenue while the welfare state dies....anyways Im drunk and not very articulate right now. Just read the book because I think its telling us whats to come (although tbf I think /biz/ is on the way there without realising it anyway). The collective darwinistic conciousness of 4chan is real and its in the memes.

>>29154962
Buy etherisc. Already got a heft stack myself.

I CAN'T TAKE IT ANYMORE THIS FUCKING $30-WHATEVER-DOLLAR STABLECOIN IS DRIVING ME INSANE WITH FOMO FOR LITERALLY ANYTHING ELSE, FUCKING DEAD SHITCOINS FROM 2017 ARE MAKING BIGGER GAINS

>>29179554
random anon thanks you for the synopsis. Though governments will kick and scream and die before they give up their welfare states

>>29173948
No. I haven't tried.

>>29172165

>>29180010
i think they already know whats going on and are prepping for it. Why do you think the fed is expanding the money supply so much? They know the dollar is on the way out, so they're printing as much as they can in order to secure as many assets as they can before the tax cattle realize whats happening. Inflation has always been theft, but whats going on now is theft on a new order. It's expanding so quickly that its basically buying things with counterfeit bills.

>>29168115
As a great man once said, literally child level ideas.

https://www.youtube.com/watch?v=_OguiUdozTM

Can't wait to see the 2022 Update

Event dead 2017 shitcoins like REK is doing better than this fucking stablecoin

>>29179776
recommendations?
I am also desperated

>>29180010
Thats why they will be making stimmy checks a permanent deal soon

>>29180010
Agreed and I think that is why we are seeing them double down so hard right now. But the market will decide and since we (and corps) no longer need to be restricted by geography then the govs lose their power to demand extortionate taxes and instead will need to offer better terms. As tech advance so to does the individuals ability to shop around. Governments will need to offer better terms since they will no longer have a monolpoly on force.
Anyways Im drunk and rambling. Read the book man

just market sold 30k link
gonna all-in random chinese shit coins and close my browser for 10 years

Stacklet here, only 25 links. This thread making me consider converting my 2 ltc and 50grt into link. Would this be a good suicide prevention strategy?

>>29181763
Just hodl and DCA into LINK over time my dude. Do you have a steady income? Throw a little bit into link over time.

>>29180374
Ueah what this guy says. They are doubling down to hold as much control as they can over the dying system. Altjough they know its dying and is why they are gobbling up real assets. In my opinion I think "the great reset" is their counter move to what the book describes. They hope by owning everything they can hold their monopoly on power. I think its the death rattle of the old way and doesnt change anything, only delays it. The church tried to ban the printing press and its effects. (what is the inquisition)

>>29181469
Not that I think you're serious, but if you wanted to close your browser for 10 years and come back a happy man then LINK is a good bet. Just holding BTC would probably also get you there.
However, for making money in a retard golden bullmarket LINK has proven to be suboptimal, those chinese shitcoins are much better for that but you better be watching them like a hawk because half of them won't be worth anything next month and none of them will be worth anything next year.

>>29159285
>>29167665
actual newfaggot moron here. once all bitcoin has been mined, how will further transactions be performed? what will be the incentive?

GET IN HERE: >>29176703

GET IN HERE: >>29176703

GET IN HERE: >>29176703

-

>>29162413

I had 72k LINK at my peak. I have 62k now, selling 2500 at 20/25/29/34.

I will always keep 50k. It’s funny, like even though I don’t keep up with LINK anymore like I used to back in 2017/18 etc, I fundamentally cannot bring myself to be lower than 50k. I have always though about things in terms of LINK; never have a fuck about Bitcoin/ eth etc. Even my big alt bags like BNT/YAX/ AAVE, they are ALL thought about in terms of LINK.

>>29181928

>>29165066

Nice to see fresh minds rediscovering LINK, even though it’s being spoonfed. Also for any OGs if we’re throwing blocks out, T. Block 472

>>29182193
Also note that we are no longer there, image is from Oct. 2019

>>29149870
>If you successfully build and launch a network that can act as a secure middleware between the deterministic world and the non-deterministic one, you reach a level of utility that remains constant.
What makes you arrive at this conclusion

>>29182193
did I mention I'm a moron?

>>29182408
https://en.bitcoin.it/wiki/Controlled_supply#What_happens_when_all_the_bitcoins_are_mined.3F

>>29173782
I will sell my Alts progressively as the market becomes euphoric into LINK and stable coins, and will buy again when biz becomes intelligent again. I’m very good at finding great projects and getting in early. I’m very bad at predicting prices. All my best gains (x10-x300 with LINK) come from doing nothing but buying and holding.

Can swing 10% of your stack if you wish, but you have to be comfy with never buying it back. Doubling down etc of price goes higher is a risky game.

Never ever short LINK. LINK does it’s own thing 247, especially in down trends

>>29152481
Maybe you're not a brainlet after all.

>>29182634
thank you. how is the percentage of a transaction determined? is it fixed?

>>29181290
Sure but who pays for that. I have a networth of 1.3m right now and their is no way I am giving 33% to the non productive welfare state doesnt help me get ahead. Fuck that, just like elon Im looking for a better deal and tech means geography matters less.

>>29172157
Agree

A good thread. A throwback to the 2018 bear market times.