/biz/ - Business & Finance

>>52401303
You will never be a real oracle.

>>52401303
> what is supply

do you think he will release staking in november? or will he drag it out well into december?

>>52401314
If you could buy $294.28 Bitcoins again, would you?

crypto is a scam retards

>>52401303
Of course I would.
I wouldn't buy an unnecessary token though.

>>52401303
BTC? Sure.

>>52401358
only if satoshi wouldn't dump 50% of the supply on my head

>>52401344
December 31

>>52401414
This

>>52401303
Absolutely not. Falling wedge breakout failed. Link is going to the bottom of this wedge at the very least which if it happens soon is about 3.40, coincidentally that's the lowest price that I saw flash on cowswap when sam was dumping coins on there. If it doesn't hold the measured move is unironically down to 80 cents. It's over. This is what happens when you support satanists. They literally told you that you'll own nothing and you kept holding out of greed. Just look at the increasing volume on the btc weekly, it's going to 5k when it's wedge breaks bear and it might not ever come back. It's unironically over. We deserve thing for being greedy.

>>52401670
>Falling wedge breakout failed
And all it took was decimating FTX

>>52401670
I will finally be able to get a 100k stack

>>52401670
>>52401703
FTX going kaput does not count. It was an external thing where everyone got fucked. On top of the "hacker" liquidating all assets or moving them to unknown wallets. Fundamentals are there; the question is how long will it take to recover to breakout again? The FTX blackswan needs to settle first.

Look on the bright side, all the big players shorting LINK to prop up their liquidity are gone. The big bump from the hacker didn't send LINK crashing to $3. The CPI report of 7.7 would have pushed LINK to above $10 if SBF didn't go the way it did, but better now than later I suppose.

>>52401765
to add on top of this, if Sergey had someone competent as CMO they would have pitch how LINK oracles can provide proof-of-reserve 24/7, so no exchange can fool snapshots with quick transfers. Why they're aren't doing it is beyond me, unless a lot of exchanges are insolvent, and pitching it would put a target on their back.

>>52401765
Not to even mention that the 3.4~ million LINK tokens that FTX had were immediately sold in the open market and they were bought out straight away. Meaning that THEY HAVE NO MORE AMMO TO SHORT.

If you retards cannot see the silver linings in all this shitshow, you really deserve not to make it.

>>52401303
I have no spare funds or i'd buy some up. I'm tapped out on tokens.

until this absolutely shitcoin starts gaining consistently against the market, I don't give a fuck about your unhinged speculation about muh suppression cabals
first it was nexo, then it was, celsius, then ftx, blah blah. one by one all of them are failing and link still lags
FML

I can afford 100LINK weekly at these prices.

By all means, keep selling.

>>52401765
I believe kraken said the hacker was an ftx employee they have his kyc. At any rate, those aberrant illiquid scam wicks almost always mark the bottom of a coins range it later trades in. Chain link will fundamentally still be here when the globohomo takes over, but it'll be used to enslave us. The only real thesis is if you run a node but rest assured they will be coming after your link if this pans out.

It's over man, the entire ponzi is about to collapse. That's why we decoupled from equities.

>>52401917
>I believe kraken said the hacker was an ftx employee they have his kyc
didn't some report pan out saying "he was trying to save it from the hacker draining the accounts"

regardless, Sergey should come out and say LINK oracles will provide Proof-of-Reserve 24/7 on exchanges, but I fear it might put a target on his back. Though, if he does pitch it and exchanges agree are utilizes it; not only would it create greater trust towards exchange that uses it, it would pump LINK up as well as gain reputability outside of the crypto space on just Proof-of-XXX

But, we still need to monitor the fallout of FTX, what happens to SBF, what CZ is going to do, and whether or not CryptoDOTCom will go the same way(all I know is that there is/was a bankrun as well as CDC wallet transferring tokens to another wallet for their Proof-of-Reserve snapshot)

>>52401917

It won’t enslave us dipshit… we own the tokens. You guys were shilling it in 2017, I don’t understand tech for shit, but I got the gist of what it’s accomplishing. It’s essentially removing paper pushers from their jobs. And for the previous decade I always remember seeing on the news once in a while “UBI is being researched,”…. “Some small California town is partaking in a UBI study.” And I always used to think to myself “UBI? WTF are they talking about? That’s communism.”

Then I saw what chainlink makes happen and I was like “oooooooh, not I know why I would see that UBI shit every once in a while.”

Then I immediately started buying, not because I cared about getting rich per se, but because I didn’t want to end up in some UBI camp getting raped in my mouth by Ethiopians. Sure, I thought maybe we’d get to spend a little time having fun if link made us rich before they brought the hammer down, but the. Covid hit and it was over.

But we own the fucking coins. Yeah the world sucks now. But at least we won’t be completely fucked,

>>52401845
500 will probably be a semi make it stack

>>52401303
>>52401670
>>52402172
It's over bros, LINK is not new tech, a hidden gem, or a coming 10-100x. LINK is mainstream and is in Twitter roasties bios. It’s a corporate entity now, so Sergey has to dump another 750k LINK to hire talent managers and diversity officers. LINK hasn’t been the biz token for over 2 years now. Just sell anons... i-i-iit’s over. It was a good ride.

>>52402082
>regardless, Sergey should come out and say LINK oracles will provide Proof-of-Reserve 24/7 on exchanges
well shit, only 499 views. Fuck, he better get on Mad Money by Jim Cramer at least...the one time an event their CMO could have marketed and she got removed lol
https://www.youtube.com/watch?v=AbVuMWJDMx0

>>52401344
Sergey literally said it was coming in December. Expecting it in November is retarded

I can'y believe crypto.com and ftx went under just to stop link from pumping.

>>52402270
sucks to be you because Proof-of-Reserves is trending, and who can provide oracles that can provide Proof-of-Reserve 24/7 which will be THE standard when it comes to reputability when it comes to solvency in and out of the cryptospace? LINK.

At this point you, you should FUD how Sergey caused FTX/CDC/3Arrows/Celcius to fall so Sergey can provide the solution, LINK. Cause the problem, provide the solution.

>>52402304

>>52402082
>didn't some report pan out saying "he was trying to save it from the hacker draining the accounts"
Oh I must have missed that. I don't find it plausible to be honest. The timing of it makes zero sense. What hacker would wait that long without knowing it was going bankrupt? I suppose they may have been waiting and saw this as the last opportunity but I really doubt it given how utterly risky it is. Everything seems orchestrated to me, granted I'm generally a very paranoid person.

>regardless, Sergey should come out and say LINK oracles will provide Proof-of-Reserve 24/7 on exchanges, but I fear it might put a target on his back. Though, if he does pitch it and exchanges agree are utilizes it; not only would it create greater trust towards exchange that uses it, it would pump LINK up as well as gain reputability outside of the crypto space on just Proof-of-XXX
PoR is needed and you make a good point about his safety that I hadn't considered. Unfortunately fundamentals don't matter in the short term, only the long term. Remember when the WEF paper came out, that marked the very week Linkbtc broke it's uptrend. There's more to this than meets the eye. And sometimes what should be fundamentally bullish doesn't work out.

This is a bit of a tangent but you want a real mindfuck, go look at the btc.d chart and see what happened on the date when ftx opened up shop. I don't believe in coincidences anymore.

>>52402304
>>52402330
Kek

Also I forgot
>But, we still need to monitor the fallout of FTX, what happens to SBF, what CZ is going to do, and whether or not CryptoDOTCom will go the same way(all I know is that there is/was a bankrun as well as CDC wallet transferring tokens to another wallet for their Proof-of-Reserve snapshot)

Absolutely, I think this is just the begining.

>>52402360
Actually scratch that about btc.d it's late and I got the year wrong. I should probably turn in for the night.

>>52401303
Yes.

>>52401431
My point exactly like get it and invest in well thought out projects with solid utilities, roadmap and partnership amongst others say Kadena, Ride and Metis.

>>52402172
This seems to be the timeline we are on.

>>52402258
well, at least it's this year. the delay might give them some time, maybe it'll be staking 0.5