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

/biz/ - Business & Finance

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7772317 No.7772317 [Reply] [Original]

The conference has listed a lot of uncertainty around LINK, and has subsequently brought in a new generation of holders, particularly on /biz/. Soon, what's left of the stealth-phase will quickly come to pass, especially after SXSW, and the fabled mainnet release. With that being said, I see no reason to point out the following, knowing full well that the time to accumulate below $0.50 is starting to run out:

Welcome marines. Be prepared for FUD like you've never seen before. Be prepared for the most tastiest and tempting bait you've ever seen. This is the price of being a LINK holder. You don't get easy gains like buying normie shit like TRX when it moons 100x in a month. But you will have a chance at something much bigger:
A technology that may actually change the world, for real. Not just like the promise of BTC and ETH. Yes that kickstarted this behemoth that we call crypto. But LINK is literally the missing link between the legacy world, the data gold-rush, the crypto-space, and a future of advances in finance, governance and information technology. That is a long-term 1,000x to $150, even without the speculative spikes.

Welcome to the LINKmarines. Welcome to the future.

With that being said, consider doing the following immediately:
>Read the whitepaper. It dispels 99% of the FUD
>Request an invite to the slack via support at smartcontract
>consider researching and finding weaknesses in the project, so that fellow autists and the community can bring light to it.

As always, if you think LINK is shit, you're welcome to present a $200m MC project that has the same level of fundamentals and potential at this point. I'd love to have solid projects moon faster than LINK so I can accumulate more safely. Godspeed

>> No.7772364

>>7772317
My balls are getting tingly at the thought of buying more.

>> No.7772376
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7772376

Some introductory posts that are mandatory reading.

>When you live long enough and acquire enough experience in life you begin to notice a trend. The 'smartest' person in a room is rarely the most successful one. In fact while 'smart' people tend to have an advantage when it comes to their minimal range they are at a clear disadvantage when it comes to the higher range. This is due to the fact that modern society deems 'expertise' as the distinguishing aspect of intelligence, but expertise often induces tunnel vision. I have a cousin who works at Google, makes a six figure salary, and only invested in Ethereum in 2017, despite me telling him about it in late 2015. The reason is simple, he developed tunnel vision.

>On the contrary the most successful person in a room isn't the one with the most 'expertise' but the one with a broad knowledge base who is good at understanding trends and people. A lot of people don't remember that when Ethereum came out people were legitimately LAUGHING at the idea of a smart-contract, because people believed it was a neat proof of concept with zero real world application. And it still has zero world application, the difference is now the people interested in ethereum aren't the 'experts' (who cynically dismiss everything) but the 'big picture' types who will invest because they see potential. Oracles are the same, anyone who's been in crypto for more than 3 years has seen this all before: experts dismiss, huge drop, lies low, gains investors interest, balloons due to speculation, cools off, real world application.

>It's the same fucking pattern over and over. The real question is are you gonna be one of those 'experts' who doesn't buy bitcoin despite knowing about it way before everyone else because you ''''understand'''' that it's limitations are too great and it's use case too narrow, or are you gonna be a big picture guy who realises this could one day have an impact and invest now for when that day comes?

>> No.7772419
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7772419

General LINK counter-FUD thread:
>>7627553
There are tons of these, so google and search the archives to understand what are real weaknesses of the project, versus absolute shit-tier FUD

>> No.7772692
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7772692

On another note: we'll start seeing a shift toward quality discussion with more effort on those who are interested.

If anyone was around for the 2016 elections, there was a concerted effort to collate and spread important info quickly. I'd like to contribute a movement toward that.

For example, here's a very solid discussion around general trends on market caps, and why they're very deceiving. We're still in the early stages, despite the sudden rise and downtrend we've seen:

https://archived.moe/biz/thread/7228543