/biz/ - Business & Finance

>>9210655

>>9210655
>Just remember $100 worth of XRB would’ve made you $300,000+ last year.
Except there was very little volume.

>>9210655
what was the market cap of ripple back then though?

Ya $1000 is actually possible with the token economics of LINK depending on what companies/partnerships come out as using Chainlink at mainnet or shortly after. It seems impossible, but there actually seems to be a lot of pent up demand behind the scenes just waiting to explode into public view about blockchain goals once Chainlink is launched. The ability to integrate existing data/APIs with the blockchain is the biggest hurdle to blockchains eating the world, and Chainlink is uniquely positioned to fill that void.

My bet is $20-100 EOY. That would represent a pretty average year for LINK. I leave open the possibility of a crazy run to $1000 in the off chance mainnet comes in June/July and adoption drastically outpaces what I expect and has more big names come out pro-Chainlink than I expect. It seems unlikely, but its so under the radar and this game is so crazy its hard to tell where the price lands once all the cheap LINK is accumulated.

>>9210730
He is talking about RailBlocks not Ripple

>>9210739
Both shitcoins

>>9210730
XRB isn’t ripple
It’s Raiblocks
Link, imo, has a huge use case that will cause the price to rise
TRX, for example, has a 6 billon market cap compared to Link’s (less than) 200 million market cap
And tron is a shitcoin
That means there’s cleary room for link to do a 30x with no problem, AS is
Not to mention when 90%+ of the Chainlink tokens get staked in Nodes
This things going to be huge. $1000 eoy

>>9210734
$100 EOY would make me cry tears of joy because that would mean with my 10k link I’d be a millionaire

Except raiblocks ncap was like 500k while link is 100M.

That would put it above ethereum. Won't happen

>>9210734
I still have a hard time believing this. I have a little more than 8k LINKs saved up from wagecucking to think I could have 8 mil and retire is unreal. My family here is mostly all dead, all immigrants from Poland. Just imagine, no fear of having no money or what happens if you're unable to work or provide anymore... ultimate comfiness...

XRB 1 year ago had a $1m market cap tho

>>9210826
Market cap is a meme
Especially with Link because muh nodes
The actual link in circulation will be like 10-20% of the total coins currently available, if that even.

The price of link will have a much higher value than what the api economy wilk bring to it because of the staking mechanism. 1k end of year is obviously hype but being valued in the hundreds with adoption is very possible

>>9210655
if link is 1k by hanukkah, imagine what it'll be worth 2 or 3 hanukkahs from now.

>>9210774
Thank you for your valuable contribution.

Now go screams at passerby from your window

>>9210885
>mfw

>>9210826
But link is actually useful, unlike shitblocks which are a meme

>>9210853
Do you really think LINK can break the crypto records and go for top 10?

>>9210934

Friend, LINK is top 5 guaranteed. EOS is a shitcoin compared to LINK and it currently holds the 5th slot. Carano is decent and skyrocketed to 6th place out of nowhere. LINK crushes Cardano in potential though so just wait until LINK sees a rocket like Cardano did. Nolinkies are going to shit their pants.

>>9210962
no, they will use the street like everyone else.

>>9210934
Oh yes easily. If Sergey delivers this coin is going to be huge

Please give me the new logo in png form so I can meme thanks.

>>9211017
Is there a possibility of him failing the code somehow?

>>9210732
kek

>>9210826
LINK will be above ethereum. Ethereum as it stands right now is completely useless without LINK.

>>9210853
It's actually calculated based on price and circulating supply

>>9211059
No

>>9211059
He has $100m in ETH and has recently hired Ethereum's top dev to write an api library for him. Plus he has all those prestigious advisors like Hudson, Juels, Chang to help with anything and everything.

>>9211105
Its a meme because price and circulating supply is a meme

>>9210734
delusional cunt

>>9210655
Brainlet detected
Implying you'll sell at the right time
Implying anyone wants Link as much as biz
Implying other projects won't just add the meme Oracle's to their coin
Implying Link will even hit 3 dollars in a few years when it can barely break 60 fucking cents

Listen fellow linkies, if Link were going to go on its moon mission we would see signs by now.
But what iv e seen is normal pumps and massive dumps when btc is falling

Meaning Link ain't shit

>>9211134
This. With any coin, but ESPECIALLY with Link because of Nodes

>>9211059
Of course there’s a chance. It’s a risk you have to be willing to take. I believe it’s a small chance, but this project could definitely fail in many ways. Sergey could drop dead tomorrow from a Big Mac overdose for all we know, the fuckin junky

>>9210655
>what is market cap
There's no way LINK is more than $10-20 EOY, and that's a best case scenario.
$100 maybe in a few years, $1000 never.

>>9211199
I am willing to bet my entire link stack your portfolio consists of a large portion of either XRP, TRX or XVG
Hype and current price =/= intrinsic value.

>>9211059
Don't forget the link team is far ahead of schedule.

>>9211134
your inability to understand basic financial concepts does not make them a meme.

>>9211250
Wrong buckoo
Hand over the stinkies I have 0 of any of those coins

I've got some amb, link, icx, eng, and a few more

A comfy stack of coins that always recover , I'm done gambling on new vaporware coins like ori, holo and so on. They don't know how bad they can get just on new releases

hello its me again checking up on peoples thoughts on how many link i need to retire next to a costco in 3 years.

Fuck it I'm selling ICX 4 Link...

>>9211312
Oh I didn’t see the “fellow linkies” comment my bad I didn’t realize we were FUD’ing the newfags

allahu akbar

>>9211338
Why wouldn’t you just go all in? Do it already

The api economy is expexted to hit 2.2 trillion by eoy and grow by 150% within 2-3 years. 3% of 2.2 trillion is 188 dollars per token assuming circulating supply stays at 350 million. Due to staking the price will likely fly past whatever number you'd expect due to transitioning of api ecenomy into link and circulating supply.

>>9211409
Anon idk what kind of speed you’re on or what the fuck you just said but I like where your heads at

>>9211387
I'm a pussy..Going all in on anything scares me

>>9211227
>what is market cap
ask that question yourself

>>9211272
Actually if you learned the actual reason markets move and prices change you'd realise every financial market is a meme

>>9211423
Chainlink deals in api's. Any valuation of the link network would be derived from how much of the api economy link consumes or how much the api economy will grow due to smart contract adoption.

>>9211272
Crypto is different. Look at the circulating supply of BTC. Its officially ~17m, but 1m are in satoshis private wallet (effectively gone), probs a further 6+m are in early miner wallets that have had their private keys lost.

Crypto is a meme, market cap in crypto is 100% a meme (Look at tron). All that matters is what people will pay for the token on an exchange.

>>9211645
At the end of the day, this

I always shit on chainlink but it's clearly the coin of /biz/ and I want to celebrate if it ever reaches anything close to NEO numbers

>>9211922
Join us brother

>>9211145
nice argument. Only difference between a genius and a madman is success. The only difference between vision and delusion is success. Delusion made reality is manifest destiny. Crypto is the ONLY frontier of our time. Id rather die deluded having chased a dream than live in complacency having chased nothing. git gud fag.

>>9211250
>mfw deluded linkies are the only value investors in crypto

When's a good time to double my stack, except for like 3 weeks ago when I should have then. Lol Any chance we will see sub .50 again soon?

>>9212102
Never again

>>9212102
The biggest thing about Link so far has been that it finds a new, higher average. You missed sub 50.

>>9210734
You are a MANIAC

>>9212125

Hmmm you sure? Lol based on what?

>>9212072
chase bugs in Hell, faggot.

>>9212147

Well I picked up some under .50 initially but I should have picked up more probably, who knew it would double in value over less than a month

>>9212160
also a wonderful argument, do you have any real criticisms or will you continue to express your tourrettes through the keyboard?

>>9212167
Still worth buying up before the singularity. Anything under $1 is worth hoarding like crazy.

>>9211922
Fren.. *hug

>>9212251
Uhhh Tourettes mostly you unbleached asshole. I'm finally up to 98k LINK and i promised my liver I would stop drinking this week. At least for two days. I'm taking a two day break. Maybe you would like to discuss IOTA using ChainLink adaptors?

People who think that the derivatives market being worth a quadrillion dollars will result in LINK being worth $1000 automatically are brainlets. It depends on how much Sergey has given away for free as well.

>>9212072
>Crypto is the ONLY frontier of our time

>>9211104
LINK could be number 1 to be quite fucking honest.

>>9212301
you know your liver is actually extremely resilient and can handle a bit of alcohol especially if youre white. Unless youre going ham on a daily basis then maybe lay off. Whats up woth IOTA using LINK adapters?

>>9212321
I dont see any other innivations having nearly as much potential as crypto to alter the world permanently

>>9210655
you do know that Aeternity does the same thing as link but has a more professional team right?

>>9212394
quantum entanglement used in quantum computing?

>>9212359
Fucking cut your throat

LINK will never go above 5$. Never. People from the pre-sale with maximum allocation have like 500k link. You think they won't dump when they get 2.5M? There is way too much supply.

>>9212430
Thats a good point but I dont understand enough about quantum computing to make sense of its potential or lack thereof. Do you think quantum computing will change the way the world works in a fundamental way?

>>9212504
once the network is operational the circulating supply will be constantly decreasing. $1000 a link token is 100% plausible.

>>9211059
This question right here shows that a majority of LINK "investors" have no idea what the fuck they're doing. They think Sergey is the only one doing anything. They haven't looked at the github. They have no idea what the pivitol tracker even is. They don't know who Steve is or even how many people are on the team. They will panic sell at $1 and buy back at $2 and continue to leapfrog up to $100. If you ask them what chainlink does they tell you they bought it for the memes two weeks ago and are getting impatient because it hasn't mooned yet. They don't even know how a blockchain works.

>>9212430
thanks just bought 100k

seriously though I believe link will pass 1 mil each within the next deceade. Selling all your stack at $1k is a fools errand. Circulating supply will be below 1 mil and staking any amount of LINK will make you rich

>>9212509
A lot of things that you don't understand could change the world at anytime. Knowing that is the difference between a genius and a madman.

>>9212528
Except that there are a) very little enterprise smart contracts b) only a small subset need decentralized oracles c) chainlink doesn't even have a proof of concept yet. Honestly think this will be a 2020 ish hold if smartcontracts even take off by then.

>>9212539
good point, unironically made me think.
>>9212576
>if smartcontracts
They are absolutwly going to take off, whether on eth or some new platform it doesnt matter. I cannot prove it to you but Im betting enterprise smart contracts are going to be huge.

>>9211133
Exactly. How literally everyone on this board is not balls/taint deep in LINK is completely beyond me.

>>9211059
1. Sergey has clones of himself should he die.
2. The Justice League will personally swoop down from heaven should a single bug be found during the launch.
3. 1000 EOY

>>9212580
Post eth address now

>>9212580
see
>>9212662

>>9212443
Ohhhhhhh threats over the Internet. My only weakness. Now kys, brainlet

>>9212504
>People from the pre-sale with maximum allocation have like (insert big amount of crypto here)
name something this doesn't apply to.

>>9212580
>>9212662
>>9212757
he's larping, there's no address holding this amount of coins
see: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca#balances

>>9212430
Quantum anything, honestly. I wholeheartedly believe we'll be using electrical engineering in tandem with magnetism a lot more as well. Magnets have the potential to give us much greater speed while using less energy.

>>9212878
Yeah but my address only holds 60k of my LINKies -- the rest are on binance

>>9212878
Ever hear of storing crypto in different wallets?

>>9210655
that's a top level of shilling, i'll give you that

>>9210710
There was volume for $100 buys.

>>9211409
>3% of 2.2 trillion
are you not being courageous assuming that every 30th api call will be involving the chainlink network?

Ok, people say $1000 but what about $2000? Would that unrealistic? I mean, if it breaks $1000 which is already doubtful then why not a thousand more. From what I was told, market cap wouldn't really influence the token price anyway.

>>9213429
it's a fucking shitcoin. It's not even going to break $1 let alone 10, 100. holy shit /biz/ need to get realistic here.

>>9213429
The use for it is large enough that we can't actually come up with every scenario it can be used in or lead to currently. Bitcoin just sits there and does nothing but be internet funny money and hit 20k once. ETH can't do much without the Link technology and is in 2nd place -- it too is internet funny money. Link will be fine to moon.

>>9213429
>since we're already being delusional, what's stopping us from being as completely illogical as possible? Right guys?
You have to keep it in bounds for there to be some suspension of disbelief if you want to keep this meme going. $100 or $1000 are perfect meme figures that new fags can project onto the future price of their bags which they are buying from you.

>>9213542
>link
>shitcoin
Ah I remember my first day on /biz/ too

>>9213542
it already broke $1 you fucking idiot

>>9213573
Implying I would ever sell my link bags.

Ive got 1k of this coin even though I think its a shitcoin just in case you crazy all in fucks are right. I may pump that up to 5-10k link

>>9212321
He has a point. Re: Innovation, since the 80s we've become really good at manipulating data but basically nothing else

>>9212317
Why would the people sell the link that Sergey gave them? Sergey gives the link to companies to run a node not so they can dump on an exchange.

>>9212371
This guy gets it

>>9213969
ment for >>9212301

>>9213570
Yeah all these potential use cases of decentralized smart contracts like ... t-thousend $ eoy r-right guys?

>>9213731
this. the purpose of link is to "fuel" the nodes running. you will be selling it in the exchanges for companies rushing to adopt it after hearing how much costs it saved for the companies that got the LINK from sergey.

>>9212301
>iota using link adapters
I've been wondering about this for a while now. Sergey has ties to that team through NXT so surely he has had plans for the iot space and iota has brought up smart contract functionality. My autism hasn't shown me any tangible connections as of yet but it's good to know others are paying attention to this also.

>>9214051
>decentralized smart contracts

>>9210655
we are BTG marines

>>9210655
Stop with the 1k EOY crap. No fucking way that will happen and it makes link seem scammy.

>>9214642
nice fud

>>9210655
Except you probably lost 1 million on bitgrail if you held because their withdrawals didn't work for xrb and xrb has some of the shittiest wallets I've ever seen. Raiblocks is a shitcoin.

>>9214947
Had 16800 XRB on Mercatox trapped for 2 months, wanted to get in at PRL when it was 500.000 mcap. Could be fucking rich right now, the coin has serious issues.

>>9210734
$10 is possible. $100 is unlikely. $1000 is a fucking joke but will happen in 2021

>>9212426
You know your zipper is down right?

>>9214981

We're you able to get them out?

>>9210655
Is it possible to use XRB/Nano and not love it though? Hearing "fast and feeless" and actually using it to transfer between wallets are two different things. LINK is a good idea but more abstract and it relies on smart contracts taking off to the point that there is real demand for an oracle solution. There's no way to really enjoy using LINK right now where as switching from transferring BTC to transferring Nano between wallets is guaranteed to make your dick hard.

>>9213606
It’s nice reminisce

>>9210655
So an ERC20 token will exceed the value of ETH

>>9215399
>erc20
Stop baiting, brainlet.

>>9210655
fuck up about 1000 eoy its NOT happening and I hold a fuckton of link go back to work poor fag

Can someone explain what happend to link to me ? Been holding it for months on binance and havent been on biz or followed crypto since Jan. Last i seen people om biz were shitting on it.

>>9215429
>>7777777

you think anyone is going to listen to you, wagecuck.

>>9213731
Are you fucking retarded? If he's given away a shit ton then those people won't be buying link BECAUSE THEY ALREADY HAVE A LOT OF IT. Thus they won't be in the market buying making the price go up.

Fucking reading comprehension you useless faggot.

>>9215528
sorry friendo no wage cuck here

Thats exactly what cbt is going to do

>>9212504
>>9212819
This wasn’t an issue for bitcoin and that hit $20k

>>9215518
you freeze yourself or something? who buys a coin and doesn't keep up, what if they exit scammed months ago? you're an idiot but a lucky one. anyway, what's the last development you remember?

>>9210734
Dude. Stop with this $1000 shit. $100 is a fucking moon on a moon. $100 is like a 3% chance. Overall crypto market cap has to hit 5-10 trillion just for the outside chance of LINK hitting $1000. I hold 75k and $1000 isn't fucking happening anytime remotely soon. All these 4chan NEETs sell early anyway. I've held ETH from single digits all the way up.

$2-$7 this year. $20 in 2019. And $50-$100 in 2020 if EVERYTHING goes right. Screenshot this. This is how it will happen. 95% of you will sell early because you will be scared to let ride.

>>9212885
as if you would store half a million dollars worth of link on Binance, thats just shitty risk management

>>9216055
>t. selling at $100
>t. will ksg himself at $1000

>>9215536
sorry, you're the retard. Link taken out of circulation = scarcity. Only the first movers (who are effectively pre-ordering) will get link airdrops, anyone coming in later will have to buy. Second, link tokens are needed as collateral for contracts. Link is locked up and released over the life of the contract until completion. This is the other reason link will always be taken out of circulation. Scarcity + demand

>>9215058
Yeah after BTC dipped to 8k lol.

>>9216055
I'm holding til at least $100 or fucking 0.

>>9216055
good thing hpv is going to take your life in 2019 you know it all roastie bitch. you are fucking garbage.

>>9216188
I'm already rich off crypto so I bet I'm closer to right than you faggot. Last year alone for fun I turned 3k into a quarter million. No LARP.

>>9216066
No reason to kms when I'll have 7.5 mill.

>>9216252
are you phone posting? who the fuck are you sass me? stay in your lane nigger.

>>9216267
You could have had 75m. You will for sure kys

>>9210734
Is mainnet confirmed for June July?

>>9216280
Stay in my lane? I make the highways faggot. Stay poor. I hope you have 500 LINK for suicide insurance.

daily reminder that if DERO indeed does 500 tps as planned, it's a moonshot
dirt cheap right now, sub 5M mcap

>>9216183
Smart man.

>>9216308
Let him sell at $100, you can't fix retarded.

>>9213607
on the back of btc being 20k. it was being carry by btc like every other coin.

>>9210803
same im patiently waiting for this to happen. the possibility of this is absolutely insane

>>9216308
You are obviously poor. There isn't any quality of life difference if you have 10 or 100 million.

>>9216450
10 million is 'dont work for the rest of your life' rich
100 million is that, plus 'i have a private jet on call 24/7' perks


There's a difference. It is YOU who is obviously poor. Begone, pleb.

>>9216391

>>9212531
You don't need to understand github to understand the concept. Another words, if you lack vision and a little bit of common sense you won't make it.

>>9216450
you have a good point i suppose you would have larger home with $100M opposed to only $10M that and you could give you family members $1M each, donate to charity, build homes in 3rd world countries, ETC

>>9213723
This sucks lmao looking knowing you would've seriously made fuck you money

>>9216620
>build homes in 3rd world countries
Why? They’d just ruin whatever you give them within a matter of months anyways.
>Detroit
>Rhodesia/Zimbabwe
>South Africa currently happening right in front of our eyes
>Dearborn, MI

You’d be better off donating to white nationalist political causes and preserving the only race to ever contribute anything to this planet

Is link a meme? Like SS+GOMAD from /fit/?

>SERGAY is a good dev guys
Okay so why is it taking so long to have even a release date on the mainnet??
>buy link
>tfw link isn’t even a working product yet
You better hope dev team delivers or you’ve bought a literal meme

>>9217209
Yeah. I'll buy your bags it's okay.

>>9217282
you want him to do the same as all the scammers and put a release date on
give a twitter update every second
then when you've accumulated 1billion tweets in the span of the release date and used market manipulation to gain popularity
I release something retarded and people don't even understand what it's doing yet
Then the marketing turns to the "future value"
Never will you see a product which does something right now
Except things like SALT (with real useable products) which showed how things are in reality for most of these memes

Not giving honey to your peers the whole time is actually a sign of being legit

>>9216353
I'm considering buying dero
I don't have much money but in looking for a moon shot.

How many x's in 4 months?

>>9217209
SS unironically is a good enough program for beginners
GOMAD is unironically good for skellies
The meme is that “SS + GOMAD” is the program for everyone, so skinnyfats get fatter... it’s not bad advice if applied to the right newfag on /fit/
Unlike Chainlink, which is a good buy for anyone whether you’re a virgin or a chad. It’s not the same caliber of meme. Both boards just want to make it. Chainlink is how you make it on /biz/

>>9210655
i recently bought 250 link tokens. Didn't even know you guys like link. Nice. I hope i'm good.

>>9217733
>Chainlink is how you make it on /biz/
Pretty much all that needs posted in all threads until The Singularity.

>>9217880
nvm i have 400 tokens lol

>>9217880
>>9217911

>>9217927
yea its not much

feelsbadman

>>9217942
hey dude thats 400 more tokens than chad has

>>9217942
Even one is better than none.

>>9217970
also have a bit in modum, eth, btc, iota
total of 4k

Where do you store the tokens in binance ?

>>9210838
$800,000 pajeet. You don't deserve it.

The MOST important condition for LINK to be $1000 is if people do not sell.
Take 90% of tokens out of corculation and LINK will reach $1000 easily.
However I doubt this would happen because there will always be dirty traders and greedy “rational” marines trying to sell high.

Just remember $100 worth of XRB would’ve made you $300,000+ last year.

$100 worth of Bean Cash (formerly BitBean) today, let’s say for sake of argument, would be 9,342 link tokens. $1000 EOY would mean $100 investment = $9,342,000.... something that wouldn’t even break records in crypto

Have faith, beaners

>>9219035
then new buyers will gobble those up,
cheap link will disappear quicker than you think

>>9216323

nothing is confirmed with link but with ropsten coming out friday there's a very good chance it could be june/july

>>9218888
> 8000 x 1000 = 800,000

Lol use a calculator next time before you call anon a pajeet

Got 116k LINK

Should I take out a 3-year loan for $17k with total fees of $6k for more LINK?

>>9219655
Kek says you should take out a $55k loan

>>9211227
Holy shit he fell for the market cap meme.
You probably use terms like "low caps" or "mid caps" you faggot
you probably unironically read those threads.

Market cap means absolutely nothing you brainlet. Its just Price multiplied by supply.

Just like you its a speculative tool.

>>9219655
unironically, yes. very smart choice. you could easily pay that off when you're rich.

>>9210655
I just realized they stole from the NMR logo

>>9210838
>no fear
You've yet to consider the reality of the world you live in. People steal money, and so do Jews. Making millions doesn't make you immune to kikery.

>>9212443
>the thing that allows all the other things to be useful could by no means be the most valuable of all said things

>>9219691
You are a sassy little monkey aren't you?

>>9216252
Last year alone for fun I punched you right da benis when you weren't looking. No LARP.

>>9214642
I agree. I'm not sure these newfags know this. $1,000 isn't happening.

>>9217209
Yes

>>9219691
holy shit he's a paid shill

kill yourself for leading these poor anon's astray

>>9219655
No. Hopefully you have ETH too. Open a CDP with MakerDao then buy more LINK.