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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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52274792 No.52274792 [Reply] [Original]

So dashing through this case
>https://odysee.com/@lbry:3f/secvslbrysummaryjudgementruling:a

LINK fails Howey test, "pre-mine" tokens for insiders, advertising pre-sale, dumping tokens on the market through exchanges, dumping tokens through hand-picked nodes.

LINK passes - not discussing token price, not telling people to invest etc, basically keeping their mouth shut about price of the token itself.

Definetely LINK won't be sued this year or next year. I think LINK waited so long to implement staking, because they might be working with SEC beforehand and actually register.

Due to how long it takes them to actually deliver anything, re-registering won't matter that much, because Serg will pivot every 3 months, that even Gary and his staff may say "fuck that im not reading all of this shit papers again".

If I'm being completely honest, 50/50 BTC/LINK folio is foolproof for next couple of months.

On a closing statement, SEC now have precedence to sue 99.9% of ETH-tokens. For sure they will just go for lay-ups like LBRY with devs talking about price all the fuckin time first.

LINK safe, 20-30$
BTC to 30000-40000$
3-6 months stop loss none.
Death to the dollar, Godspeed.

>> No.52274828

based fud thread chainshit is literally dying rn fr

>> No.52274856

>Thinks SEC matters for a token that gets suppressed 24/7

Yeah I'm thinking you're ngmi, LINk touches $0.50 within a month

>> No.52274877

>>52274828
>>52274856
LINK is heading to 9,5$ and if it breaks 10$ its heading straight to 13$. Give it a week

>> No.52274889

>>52274877
checked and susin fr bruh

>> No.52274943

didn't read; not selling

>> No.52275027

>>52274943
did read, started buying

>> No.52275076

>>52274877
Shiiiiiiiiiiiat not a chance

>> No.52275440

>>52275076
already fighting with resistance at 9$, buckle up kids.

>> No.52275594
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52275594

What the hell is going on here? Not a single positive Link thread while it is breaking through resistance?

>> No.52275933

>>52275594
guess board is dead.

>> No.52276021

>>52275933
checksum

>> No.52276076

none cares anymore you retarded polish tripfag, you and your retard friends have fudded this shitcoin so much it died
congrats

>> No.52276139

I remember you op, you called the start of the 2 year link bear market (vs btc), you turning bullish now is a good indicator. I think you're right but btc will probably get one more capitulation, link will prob still be above $10 due to rise in sats, then we see link bouncing between prev ath and triple digits middle of 2023, with breakout above triple digits 2024.

From there, its a question of whether staking and genuine adoption are here. If they are you literally never have to sell. If not, get out above $200 because the next bottom will be between 50 and 100.

>> No.52276300

>>52274792
The thing LBRY got fucked over for was due to them holding a significant portion of the tokens and token price being moved by their business activities. All the same holds true for LINK

>> No.52276326

>>52276076
you literally paranoid, i was posting like once every couple of months here with same images, everyone else were just some trolls
>>52276139
>one more BTC capitulation
just another chance to average in lower, but i don't think it will happen this year, too obvious and too many people waiting on sidelines. big accounts turned 24/7 bearish on twitter,everyone is salivating over 15K BTC or 8K BTC etc. I think I will go in with like 50% capital over coming weeks. How about cinderella LINK bear market gem happening again ?

>> No.52276374

>>52275594
most people on this board have unironically come to despise link. normies are too retarded to understand link and this place is overrun with them.

>> No.52276403

>>52274792
No one cares, link is a dead 2020 shitcoin

>> No.52276464

>>52276326
I agree I'm just annoyed you were right about the market but it made you argue against link's fundamentals like a bitter faggot, in the end I just have to admit myself fundamentals don't fucking matter in this market until regulation and actual real world usecases come in but its looking more and more like this is the cycle where it happens. Also agree btc capitulation this year is too obvious, midwits like ben cowen don't get to be right, maybe early 2023 though I'm not anticipating another black swan covid style dump.

>> No.52276498
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52276498

>>52276300
did you even read the original post you absolute sperg, fuckin nubiz tourists hitting reply instantly with their fried brains
>>52276403
don't care if it's dead or alive in your eyes, im here to take your money. you will FOMO in at 30$.
>>52276139
>If they are you literally never have to sell. If not, get out above $200 because the next bottom will be between 50 and 100.
stop dreaming and reaching to literally non realistic points. 9$, 10$, 13$, 15$, 20$. BIG levels. half of bagholders are dreaming about 20$ to get out so i doubt it will happen fast. Anything under is in reach 1-3 months. EASILY.

>> No.52276532

after lbry everything fails. btc boomers won. ride out the wave, take profits

>> No.52276544

>>52276498
I'm talking 2 years from now, 5 to 200 is a 40x which is nothing compared to last cycle (.2 to 20 is 200x). I'm still suggesting it takes 8 months to a year before we can hold prev ath again, and that's assuming btc cooperates and gets back to 40k+ levels, if it doesn't it could be 2 years or more depending how bad macro remains. Yes newfag baggies are going to run for exits in the 20-30 range, that isn't going to matter, retail does not control price.

>> No.52276570

>>52276464
yeah dont get me wrong, im still salty about no neet nodes, no staking, cherry picked nodes etc. some fundamentals are flawed as fuck, and Sergey shouldnt be CEO/Main media character. Also in current form LINK and oracles are not solving any real world usage. Will it ever happen? I dont fuckin care, i just want to make money. If LINK actually delivers and Defi isn't outlawed by 2024, triple digits for sure in next mania cycle if it happens.

>> No.52276602

>>52276570
> Defi isn't outlawed
how long do you think dozens of cases like lbry get solved in the matter of weeks because of the precedent. xrp is going to be the next nail in the coffin, I hope staking isnt released on the day xrp gets it shit handed

>> No.52276603

>muh resistance levels
touch grass, it's fucking dead

>> No.52276636

>>52276603
what isnt beside btc? Hope the sec takes at least until christmas one last good run for link eth and what not

>> No.52276649

>>52276498
Lol, I sold 75k at $38 last bull run. You sound like you're poor.

>> No.52276730
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52276730

>>52276544
I wouldn't hold my breath for 50$ in 12 months, no fuckin way. 2024 halving, then BTC likes to take couple of months to actually pump on it. 2025 next mania maybe with new narrative. If i learned anything over the years, i'm bouncing when people get too emotional about token/stock. Served me well in different markets. Would rather not make extra, than lose or baghold something for years.
>>52276602
Doesn't matter if 100's shitcoins get served as there were rumors about HEX etc, capital has to flow somewhere, and to contrary, who will be first to actually register in USA ? Imagine coinmarketcap with like 200 top registered tokens, no rugs, no destruction of marketcap and people wallets. Celsius, 3AC blowoffs were actually bullish as regulations will prevent such bad actors aka criminals to actually operate and steal people money. And i doubt LINK with their team will not jump on regulators dick to register first before being served. That's the bet here in long term imho.

>> No.52276820

>>52276730
>i doubt LINK with their team will not jump on regulators dick to register first before being served.
Hope you are right, I fear the "war chest" was a preparation for the inevitable and getting the band aid off quick, pay up, and be the first to be registered, which in the long run is bullish

>> No.52277007

>>52276820
what is "war chest", im off the loop on LINK

>> No.52277059

>>52277007
Cash reserves.

>> No.52277115

>>52277059
any link or something for read, google doesnt show any reliable websites to waste my time on. or can you elaborate

>> No.52277127

>>52275594
There is nothing left to discuss here and after years of paid shills most chose to leave for twitter...

>> No.52277168

>>52276730
again compared to last cycle its very doable, last cycle we went from .2 (bottom) to 1 dollar (prev ath) in 6 months, that's a 5x, we're basically a 5x from prev ath right now. Difference though is last cycle macro wasn't dominating the market, now it is so if btc stays tamed for 2023 then agreed link can't have a major move even if it continues to trend up in sats. I guess it also depends if you think 50 was a fake ath for link, if you go buy the sats/gwei top then yeah 20 dollars will be where we get stuck at for a while.

>> No.52277198

>>52277115
I dunno what he's talking about but I think a lot of anons assume they have a war chest from the dumps last cycle (which weren't actually dumps not all of those tokens were just market sold on binance despite what fudders would claim), along with maybe the 350 million wallet that are supposedly ear marked for enterprise node operators.

>> No.52277452
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52277452

>>52277198
ah i see, but nodes dumped on the market in various amounts so who knows, nothingburger info.
>>52277168
about 50$ it was top mania doge coin, so who knows if it was real or not, pure euphoria all around the world, but judging by that vicious drop after, and looking at crypto with all the liquidations i dont know what to believe any more. definetely was suprised that everything was dropping like a stone, and i wouldnt ever risk so much money in this market ever again unless FED turns on the QE infinity, UBI, and negative rates. learning about 2018 rates, 2019 repo crisis opened my mind to the possiblity that markets all around the world are just derivatives of USD dominance. if FED will go 50bps in December we might have a pop, but 2023 might be 2018 deja vu with everything dropping from spring onwards for a year. monetary system is fuckin depressing, and with degen leverages in crypto there's always possibility of everything going to zero circa march 2020 crash. only thing thats keeping it from it, is unregulated casinos turning off exchanges and layering orders in the meantime. going to bed, tomorrow when my deposit hit im buying some LINK.

one more thing about decentralization and regulations. today i was making deposit to exchange, my bank called me we had 10 minute verification chat, they were suprised about destination of bank, they asked me questions do i understand that its a crypto exchange etc. it's the thing that's missing in crypto. SAFETY. i know i'm being taken care of, my money is safe (don't lehman me), and nobody can steal it, empty this account etc. amount was like 10% of my USD holding and still i got a call. how can crypto in current state can compete in terms of safety with that? you misstype/delete one letter while sending crypto and it's poof, gone. in that second you can lose all of this value.its batshit crazy when you look at it and compare it to banking system with all the securities and pro-consumer approach.

Godspeed anons

>> No.52277513

>>52276374
I like link because it makes degenerate goomblers seethe, they cant see the usecase or the potential value capture.
Its like the trump of crypro.

>> No.52277604
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52277604

>>52276603
How is link dead when eth are struggling to get past their January 2018 highs?

>> No.52277643

>>52277452
I think that's why link is the obvious play, long term its what's going to enable a lot of that sort of shit for crypto, that's why all this drama with sbf /celsius/luna is a good thing in the long term, wash out the scams and you can actually start to see real money and adoption begin. In the short term though for sure there can still be some pain ahead, but I think more likely it'll just drag the bottom for another year until enough get bored.

End of the day you can't have huge reward without huge risk, link is still a very risky play, but its more akin to betting on the technology itself mattering rather than betting on winning in the shitcoin casino.

>> No.52277880
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52277880

>>52274792

>> No.52277941
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52277941

>>52274828
>based fud thread chainshit is literally dying rn fr