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56556848 No.56556848 [Reply] [Original]

This is a thread to discuss the potential to profit from the Grayscale Chainlink Trust. It is currently up 20% today, to $29

>> No.56556882
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56556882

>>56556848
As you can see, GLNK is currently trading at $29
LINK is trading at $11.26. But, back at the begining of the year, they had roughly the same price of $5.40. Is the theory that GLNK is able to be purchased by 401k/IRAs and thus people who get 401k match or whatever from their companies and dont want to buy stocks so their only avenue is to buy GLNK?

>> No.56556886

hey uncle you are the only one who gives a fuck about grayscale how are you

>> No.56556915

like I said here, >>56556712 I just use it as an indicator for potential future LINK price movement. It doesn’t always come true, but when I see something fucky with the price of GLNK, LINKs price “usually” reflects a mirror price action few days later

>> No.56558554

>>56556848
Bumping this

Just bought $777.77 of LINK

>> No.56558577

>>56556882
>t $11.26. But, back at the begining of the year, they had roughly the same price of $5.40. Is the theory that GLNK is able to be purchased by 401k/IRAs and thus people who get 401k match or whatever from their companies and dont want to buy stocks so their only avenue is to buy GLNK?
it is not a theory but a fact that GLINK trust is another scam by sergey, known russian jewish scammer, to extract value from completely imaginary tokens

>> No.56558584

bump i remember wehn it was posted that GLNK went live on grayscale, i never bought it, kinda wish i did. I always figured owning actual link is better, which it is for staking etc. But it would be nice to have additional exposure to link through 401k

>> No.56558608

what i don't understand is what's the point of buying glnk if it's not redeemable for link or even pegged to link?

>> No.56558621

>>56556848
So what is it to begin with?

>> No.56558642

>>56558621
each share represents .93 LINK and you can buy it with the boomer tech

>> No.56559327

>>56558608
>>56558642
Is there a Proof of Reserve contract we can look at? These guys are asking the right questions.

>> No.56559339

GLNK has a huge premium which means the future price of LINK is priced in for much higher.

>> No.56559340

based lpl kiddos how you doing today kiddo?

>> No.56559346

>>56559340
What happened to this Anon specifically for him to post this in every Link thread?

>> No.56559410

>>56559346
he's making fun of lpl holders

>> No.56559412
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56559412

>>56556848

>> No.56559685

>>56559346
>>56559410
The delicious cope of no poolers is just too delicious!

NO POOLEROIDS ARE LIKE CATTLE LMAO

when no poolerinos figure out that you need LPL to steak they will literally yeet their own heads off their chad necks LOL

POOLS CLOSED

>> No.56559701

>>56556915
what happened right before linked pumped from 7?

>> No.56559836

>>56556886
Uncle oldtroon is Sergee

>> No.56559865

the fund isn't very big

>> No.56559873

>>56558608
Stop being antisemetic

>> No.56561395

>>56556848
I buyed 2k GLNK shares in my IRA the day after it went to market around $8 per. Fucking WAGMI. LINK to $1k this bullrun, the GLNK will hit $2k. I'll simultaneously make it with post tax and pre tax accounts.

>> No.56561406

>>56558608
You buy it with tax advantaged accounts/IRAs if you can't buy LINK directly. That's literally it unless you want to speculate on the premium (bad idea).