/biz/ - Business & Finance

why are you investing in an anus shaped token then?

WTF IS GOING ON WHY ARE WE DUMPING AAAAHHHHH

It doesn't make sense, staking is just around the corner... Why are people selling???

>>50982517
token not needed bro

>>50982517
see
>>50982538

>>50982517
Sergey betrayed us, he brought us the Great Reset earlier than expected

>>50982517
Liquidating longs in my estimation.

When the singularity happens, those in charge want to make sure everyone who ascends does so using money (value/worth) that they actually possessed. The new economy will be based on ownership and not debt, so it needs to start on the right footing.

The mega dump just happened at exactly $7.99. That was likely where a lot of retards had their liquidation prices. Remember we were at $9.40 within the week, and smartcon is about to happen. Lots of anons and maybe some hedgies likely levered up.

>>50982804
This is bullshit since eth doesn’t seem to have any problem at all.

>>50982804
anon I....

>>50982804
>Lots of anons and maybe some hedgies likely levered up.
You literally couldn't long LINK on GMX because all of the available liquidity was already taken.

Knew i should've sold when AVAX suddenly started dumping days ago, Shit always front run the market

>>50982804
Meds NOW

>>50982455
oh damn my order filled. shit, should've been greedier.

>>50982820
Chainlink is a bigger deal than eth. My hunch is that the ETH merge's coinciding with staking/CCIP is likely to hide the latter two from the public.

All reddit "crypto bros" are so focused on this one event surrounding a well known but isolated network that they don't realize the internet of money is literally about to be brought online. CCIP will connect all existing and future public and private DTL tech/blockchains to eachother and to the web as it currently exists. Seems a bit bigger deal than ETH moving to POS to me. How do you think isolated nation states' future CBDCs will talk to eachother? They'd need to be seperate but interoperable networks.

>>50982844
Yeah I don't leverage trade with this stuff so I'm not sure how one would actually go about longing Link. Are you saying that's not even possible at the moment in defi? If so I guess my thought about liquidating longs is probably off base

>>50983000
>Chainlink is a bigger deal than eth. My hunch is that the ETH merge's coinciding with staking/CCIP is likely to hide the latter two from the public.
Bro are you even listening to yourself right now? Eth is pumping meanwhile link is dumping/ borderline crashing.

>>50982455
I can

>>50983073
This. Eth is only up 1% today, just look at Got Guaranteed Token which is up over 200%! Got Guaranteed Token is at least 2x bigger deal than ETH

>>50983073

Fuck good point...I never thought about it like that. Just market sold all my Link. Thanks anon

>>50983000
No it's the opposite, anon, you're right. What I was saying is that GMX had so many LINK long positions that you couldn't even open a long. There was no remaining liquidity to underwrite it. In other words, so many people had put bets on Chainlink price going up that you couldn't put another bet on it going up.
That sort of scenario is just begging for a liquidation dump.

Again BTC dumps at a price that is significant for LINK (7.99) but not for BTC.

>>50982517
Staking is always right around the corner

>>50983239
Well this is the most bullish feeling on LINK since the ATH. Dumb faggots need to stop playing the leverage game (must be so smooth brain to keep leveraging after witnessing the past systemic bankruptcies) Just fucking market buy a sui bag now or puke when the singularity hits. Even if it just hits a new ATH @ $70 that's a 1,000% return in 42 days. Wtfwt?

I was so close to selling a large portion of my stack at $9+

I even made a thread about BTC dominance bouncing of the lows and I still didn't even listen to myself. I deserve all this, or in other words I deserve nothing

>>50983239
Ha, I see, and I figured as much without needing to know the technical aspect. The long trade is too easy for people paying attention, and when it was at $9.40 a few days back I guess $8 liquidation price seemed safe. At these prices, it's more link for those who like to own what they hold

>>50983345
It's so obvious what they do. BTC whales and tradfi stand to lose a lot when link is turned on. How could one single network (BTC) ever be more highly valued than the network of networks?

It's like betting that any specific early network would be more valuable than the internet protocol itself. You'd have to be retarded not to understand what the significance of the latter was. People in this space have tunnel vision for their own shitty little 'moonshots', and they're not seeing the winner takes all play right in front of them.

>>50983456
This. After seeing that the general economic system is blowing up because of chronic indebtedness at every level AND watching the amazing liquidation cascades annihilate billions of dollars of wealth in hours, people are still borrowing money. It's so clear to me that the economic system being born will be centred on ownership and not debt. Same as it's always historically been.

>>50982455

>>50983559

>>50983559

yeah man its the first result on google images nice detective work

>>50983559
this has to be a form of mental illness

>>50983532
>I was so close to selling my BTC when it hit $10. How could I have been so stupid? Now it's $7 and I'm a bagholder

Those who don't understand what they hold will transfer their shares of network ownership to those who do, as it should be.

>>50983580
With what search term? Doesn't come up first under "Chainlink" or "Chainlink logo".

>>50983610
>>50983580

Maybe people just save it from here? I mean, that seems like how most images around here are distributed, and to your point it's basically posted every 5 seconds...

>>50983646
Saving from 4chan gives you a 17 digit string, doesn't fit with that url.

>>50983610

meds

>>50983699
Second result on Google images.

>>50983661
You're right, I missed that

>>50983699
>>50983718
So knowing this is the filename of that image from google the same as
>>50983559
>>50983575

?

Even when chainlink finally does take off, I won't give even the slightest shit because I hate this gay ass project so fucking much.

>>50982804
So whats stopping people from longing right now? You're argument makes zero sense.

>>50983815
It’s volatile.
That’s literally it.
2 weeks before smartcon link is going to announce staking.
The conference is going to explain the roadmap from there on.
Trust me.

>>50983902
They're not releasing staking this year, it's gonna be "delayed"

>>50983961
I take it you aren’t on the team then.
I am.

>>50984355
>>50983902
Ngl it will be funny if they pull another consensus frontrun on Bulgarian trannies

>>50983815
Honestly nothing. Go ahead and long it. We all know what's about to happen, so you should lever up, right?

Those who longed too degenerately lost massive stacks about an hour ago, and if we hit $7.00 I'm sure more anons will feel the pain.

Let me tell you a story that my schitzo brain has been mulling over. We crab for the next few weeks till mid sept. Let's say we get up to $15 by then.

So we're in mid sept and link is at $15. You have a 100x long position you opened last month with a liquidation price of like $6 and you're euphoric because you know exactly what CL is and you know how wealthy you're about to become. This is beyond lambo territory -- you're about to become a baron in the new world being born around us, and you're fully aware of it.

Then China invades Taiwan, or the Russians lose patience and use a tactical nuke somewhere in Ukraine, or fucking Tether implodes. Whatever it is, the final card in the increasingly desperate old system's hand is played in a terminal effort to stop the internet of money from being brought online.

The price of everything instantly drops 90%. Global markets crash. CL is $1.50 in an hour, and you've been liquidated. It's apocalyptic.

Then the next day CCIP and staking are brought online, and the price of link becomes $1,000 overnight due to sheer supply/demand dynamics fundamentally changing. Then to $10,000 as all the world's private blockchains are linked together and money begins to move between banks and countries, which is secured by the network you possessed significant ownership of in just days ago. Over time all trading of public and private securities in all countries moves on-chain, and global markets are unified. Five years go by. You can now buy and sell equities, bonds, currencies from anywhere in the world and without the need for any brokers, because you hold your assets yourself digitally. Global market makers are all automated. Link now fluctuates between $100k and $110k. Thanks for playing

>>50983000
based and checked 3k titties id

>>50983345
bro didnt you read the other thread just ignore btc dumping and do not investigate. focus instead on the crumbs provided by the thread >>50979356 do not think for yourself do not investigate anything beyond the approved set of crumbs welcome to the crumb zone only cum inside anime girls

>>50984355
I somewhat believe you but I also have a hard time believing you

>>50984688
>believing people on the internet
checked

>>50983000
holy checked. 3k titties eoy confirmed.

AHHHHHHHHHHHH MY LINKIES!!!!!

>>50983000
checked put me in the screen cap titties every linkie's face

>>50984441
Then at some point as the years go by and the world stabilizes after a period of mild economic chaos and relatively minor regional and civil conflict in the west, economic inefficiencies across all sectors and across all countries are eliminated via instant settlement as the entire global economy moves onto interconnected DLT and blockchain networks, powered by chainlink's increasingly efficient internetwork standardization protocols.

People and banks begin to store wealth in whichever global currency or crypto currency they choose and trade between them at will, or within whichever limits are agreed upon by the completely global, fully economically independent and increasingly decentralized group of CL freeholders and Node-based organizations, who also oversee the development and maintenance of the network infrastructure itself, to the tremendous financial benefit of themselves.

More and more people begin to exchange their local currencies for chainlink tokens and stake them as a means of gaining exposure to what is by this point a global market for trading futures on the efficiency of the planet's entire economy and everyone in it.

More and more people become financially literate as they choose in increasing numbers to directly posses their digitized traditional assets, equities and currencies and can exchange between them at will. Any individual anywhere can invest in any market or venture, if he so chooses.

Capital is freed and in turn it frees humanity, and our civilization enters a golden age that propels us into the stars.

>>50986083
Tl;dr

>>50986143
this.
blogpost elsewhere nigger it's been five fucking years

>>50986083
High HIGH iq. INTP-T?

>>50986083

>>50986083
In 500 years when humanity has largely colonized the solar system and the star's population is in the trillions, a single share in the intrasteller network that securely transmits all electronic data within a lightyear of the sun equals a valuation equivalent to one hundred million 2022 US dollars. Any individual or entity who now owns ten whole parts of the incredibly dispersed (and increasingly scarce) 1,000,000,000 Link stack is now the equivalent of a billionaire in 2022 dollar terms.

After that, we escape our star and things start to get blurry.

>>50982804
Holy shit take your meds you schizo retard

>>50982455
I literally cannot remember when Chainlink genuinely pumped, it’s been that fucking long.

>>50988200
I was a young man when LINK pumped

It's over bros, our Chainlink journey ends here. The Great Reset timeline has come at a crossroad with humanity. The magic is gone, the memes are stale, the shills have been uncovered, the agendas laid bare for all to see, i-i-it's over marines...only tears from here.

>>50982847
>Knew i should've sold when AVAX suddenly started dumping days ago, Shit always front run the market
Does it really? You've been tracking this pattern?

>>50982517
we just had a pump up. Traders are taking profits chill

>>50988285
It's a known phenomenon, much like Link pumps almost instantly cause a marketwide dump.

>>50988333
kek'd and check'd

>>50988257
this

>>50984441
>>50986083
>>50986601
Subscribing for more schizo theories.

Thanks for the post. I've checked the price and decided to buy some more.

Godspeed frens

>>50986601
In 5 years, your mom will come into your room and ask: anon, we are really worried about you. what are you doing all day in here? Link? never heard of it, but I found a psychologist for you, shall we go?

Buy mor. :$

>>50982538
>>50982455
What Bobo don't realize is that let's say they are right. Let's say it does hit $6 (it wont) but let's pretend like does. What happens next Bobo? You think you will have a $50 to sell at? No. You won't. You will be bag holding till it hits $1. At this point something g has gone wrong not in the market, but in the world. And crypto will be the least of your problems. This is the real reason why MUH $6 will never happen. Because if it does then life as you know it is over.

>>50982455
This shits gonna drop below a dollar in the post smartcon disappointment isn’t it

>>50984355
>>50984441
how would you plan to retire on link, how to decide how much to stake or sell and when selling early is my biggest fear.

N

>>50992235
I

>>50992698
G

G

E

R

S

T

O

N

I

G

H

T

>>50986601
So I only have to hold for another 500 years? Yessss.

>>50992235
>>50992698
>>50993397
>>50993406
>>50993481
>>50993490
WE DID IT REDDIT!!!

>>50988263
I feel so bad for linktards but they obviously need to move past this crap already. ETH, MATIC, SYLO and eGLD are better assets for good profits

N

I

G

>Jesus Christ descends from the heavens and tells the world Chainlink is the key to salvation, the answer to all of mankind's questions, the path to eternal life
>+2.48%

>>50995419
Stupid frog posting nigger

Ya'll remember this shit? Completely forgot it even existed. 1000 EOY is fud
https://www.youtube.com/watch?v=Ruk-CrnBZK4

>>50995434
hi hillary

>>50982517
Might have something to do with Sergey having announced that he's dumping 50 million tokens in the next few months. But delusional cultists will tell you that this is somehow bullish

>>50983000
Checked and based ID

Link is going back under 6 because Bitcoin is going to wick to 18.6k at some point in the next few weeks.
My condolences if you're long here. Next time long the bottom of the range not the top.
Luckily for us all this bottom is likely going to move sideways for a while, so plenty of time to accumulate more.

>>50982455
I told my brother about Chainlink at $30 and the retard went in with 5k. While I had a solid bag at around $5. Now he wants his money back. Never tell normies about crypto they unironically can’t stomach the gains or loses.

N

>>50996851
you should be apologizing to him you piece of shit. Pretty sad linkies scamming their own family

>>50996338
exactly....he didn't even have the consideration to pause the dumps until they release baby staking so there would at least be some positive news to offset. Just goes to show out of touch Serg is and how little he cares about muhhh community

>>50988712
Daily reminder that linkies virtue signaling about bagholding is the most cringe thing on biz recently

>>50983559
Menta illness holy kek

>>50982517
The majority of the markets are ran by algorithms and bots, if one falls they all fall because that's all they've programmed the algorithm to do. Until the tokenomics are monetised any pumps and dumps will be interlocked in this way, when the token is monetised we will see a jump, who knows how high?

>>50982820
>9% dump = no problem.
>11% dump = catastrophic.

>>50990063
The fact that you genuinely think the world will end if link hits 5 bucks is hilarious. You have literally no rational reason to believe this, but you're convinced.


Looking forward to picking up my discounted link soon.

>>50998814
Watch the virtue signaling link coper in his natural habitat

>price goes down, sweeeeet lets accumulate
>has been accumulating 5 years and still needs time
>duuuuude amazon took 20 years
>HODL my fellow mar-ACK

Fucking loser

>>50998985
I haven't accumulated any. I'm waiting for my discount to finish. Are you mad that you've been holding through the bear market or something?

You should go get laid, bro. It makes the losses easier to cope with.

N

Janitor doesn't want you to see this image

>>50999088
I bet you're a Reddit migrant. Go back faggot

>>50999401
janny knows what's good for me. all hail janny-senpai! a great and just ruler!

>>50982455
Sell this unneeded shit token, it's not worth the pain.

>>50982804
3KTitties, I think you are part of the next paradigm. Keep an open heart and an open mind for you always will see the Light shining on your side.
May your visions manifest, may your life filled with as many titties as your heart desire.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHA

>2 more years my fellow mar-ACK

>>50997460
I have a bad feeling about his Big Mac summit, he is tone deaf to people interested in making money.

>>50999903
>expected to start
It's not happening, is it?

>>50982455
You're a fool for holding this. We've been telling you since last year this shit is worthless

CHAINFUCK IS GOING TO ZERO

>>50983559
>>50983575
Lmao linkies

>>50999903
>This year's SmartCon precedes the release of two
Well so much for the
>they'll release staking before smartcon

>>50982517
These threads always seem to overlook the health of Bitcoin in this discussion. Chainlink is presently an obscure altcoin with an uncertain future, and BTC is tanking. Of course it's not doing good, staking is likely largely priced in. I don't doubt it'll see exceptional gains by 2030, but expecting it to perform well every bear market is stupid. I expect it'll dip below $4 before it hits $100.

>>50983559
>>50983575
>>50983580
Topkek nice damage control retard

>>50984441
polcels are embarrassing

Anyone else notice positive link threads getting deleted after around 20 posts? But this one’s been up 2 days. Jannies really trying to suppress any positive morale just before smartcon for some reason. Also of note, smartcon 0 was the start of a 2 year downtrend vs btc, which was preceded by a 2 year uptrend. If that cycle continues…we’re technically still in an uptrend since June anyways but it’s a pretty lukewarm one right now.

>>51004011
the new generation of jannies hate link, they are gme and xrp tourists and they can't stand that linkies are not constrained by a general thread, they have no idea what link is other than that it makes them work overtime deleting positive posts and that the blue hexagon makes them seethe

>>50982820
This aged poorly

>>51004011
>duuuuuuuude theres a fud conspiracy on a korean fishing forum w total net worth of $500k

>>51005452
Yes that's literally true./

>duuuuuuude just virtue signal about holding while losing everything because muhhh amazon

>>51004429
The new jannies literally have never spent time on 4channel before and think the oracle problem is something to do with Starcraft 2.

>>51005475
Muhhhhhhh segrettttt investment

>duuuuuude lets fud so reddit misses out
>misses entire bullrun
>hahahah duuuuude now we can accumulate moaaarrrr!!!

>>51005520
5mg of valium will probably do you the world of good, anon, if you have it handy.

>>51005475
kek

>>50982455
Fuck. I betting on this coin getting me to a friends wedding in december. I'm not gonna make it.

>>50982517
Priced in

>>51005959
Have fun at the wedding.

>>50982517
>, staking is just around the corner
Its staking V0.1...Most coins launch with V1 already up. Not particularly an exciting event.

chuds got scammed by a russian