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

/biz/ - Business & Finance

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10785171 No.10785171 [Reply] [Original]

Why is this piece of shit crashing? I literally fomo'd in at 5k sat and already down substantially. Fucking garbage

>> No.10785182

Steve Ellis just announced that he was leaving the team because his shill posts on plebbit kept getting downvoted.

>> No.10785184

>>10785171
Nice. Hope it'll go down to 3k. Please sell OP, you'll rebuy lower.

>> No.10785191

>>10785171
Because it’s a fucking meme pajeet discord groups are p&d’ing

>> No.10785208

>He hasn't been holding Link since November and slowly accumulating
What a fucking loser lmao. Imagine just rushing in on a coin because it went up 2 cents kek.

Pathetic loser, never gonna make it.

>> No.10785223

You got memed hard, lmao.
Link is a shitcoin. Never buy shitty eth tokens

>> No.10785224

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company. I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>> No.10785231

>>10785208
Spare a thought for those of us who went all in last year while suffering under the delusion that "the market" wouldn't take long to figure out what we already knew.

>> No.10785272

>>10785171
kek. every time.

>> No.10785305

>>10785171
because of people like you that buys the top of apump, they're taking profit and testing support before buying more

why buy high when you can sell high and buy low?

you'll be ok man

>> No.10785309

>>10785272
like clockwork, every likely scenario is posted

>> No.10785315

>>10785305
Yeah dont panic bro, you did good. Zoom out a little, you’ll be up in a week.

>> No.10785389

It will go back up soon

>> No.10785405

>>10785171
you nucoiner cunts really need to learn what true crashing and pumping is. lurk moar then kys.

>> No.10785533

>>10785171
garbage your mother if you want garbage

>> No.10785569

I am one of many that pump this coin. WE are in a group and WE work together. Today WE made an easy 10% and now morons like you are stuck with our bags. Thank you for your money. Now you will be stuck holding OUR bags, and the next time WE decide to pump the price, you will be so anxious to break even or get ahead, you'll end up shilling with US. You are now a 2nd-tier shill. Welcome aboard. Why am I tell you all of this? Because WE are now going to FUD this coin so that the price goes low. Once it does WE will buy back in for cheaper, and repeat this process, over and over again. Is there anything you can do to stop US? No.

WE want your money. WE know how to spend it better. WE are elite. Thanks for your donation to US, be sure to donate more next 'pump'.

>> No.10785593

I got in at 0.17p

>> No.10785622
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10785622

>>10785405
So bitter...

>> No.10785632

Hahahaha
Soon under 0.001 eth.

>> No.10785639

>>10785569
I own 100k link, want more help? Fuck these plebs.

>> No.10785643

>>10785593
Good work, Ranjeet! Now tell them you sold at the top because it's worthless shitcoin and going to zero!

p.s. we buy back in when it reaches $0.22 and drive price up while simultaneously shilling message board with made up FOMO of singularity and making it. Rinse and repeat like Rakesh said! We will teach them for calling us street-shitters!

>> No.10785652
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10785652

>>10785569
>Larp

>> No.10785663

>>10785569
Larp faggot

>> No.10785678

>>10785171
cool blog post. just sell like the weak handed faggot that you are and everything will be just fine.

>> No.10785707

>>10785652
>>10785663
Ha ha ha! Almost back into the $0.20's already, and just look at those delicious sats disappearing. Deluded stinkies, thinking that WE do not control the price. HAHAHA Better luck next time!

>> No.10785715

>>10785171

Why the fuck are all these degenerate cringe posts appearing? Kys OP

>> No.10785718

>>10785643
Pathetic larp fag

>> No.10785722

Its called volatility. Link is bouncing off support now for another run. Overall uptrend is still bullish.

>> No.10785736

>>10785171
Better sell now. 200 sats loss is not that bad, and you will be able to rebuy for 3k sats easily before main net.

>> No.10785759

>>10785639
I'll help too, holding 300 link atm but will accumulate to a thousand

>> No.10785799

>>10785707
>more larp
I hope you jump the gun and your 10 rupees life savings goes up in smoke Rakesh

>> No.10785831

>>10785171

/biz/ is turning into a shithole. Thanks OP

>> No.10785841
File: 52 KB, 256x256, excellent.png [View same] [iqdb] [saucenao] [google]
10785841

>>10785736
Excellent work brother!

>> No.10785866

This shit started the other day off news we already knew. No reason for price increase. A event no one gives a fuck about that has a new literal who startup using link. Omg pump it lmao. Idiots

>> No.10785918

>>10785866
>No reason for price increase.
You're a brainlet.
Accord alone means Chainlink belongs in the top 10 at the very least

>> No.10785940

>>10785171
buy high sell low

>> No.10785969

>>10785918
We've known this for awhile now. The only thing difference is the wording of a tweet.

>> No.10785974

Why you thought fomo was a good idea?

>> No.10785987

>>10785969
>We've known this for awhile now.
And?

>> No.10785993

>>10785918
Deluded Linky, you took the bait hook, line & STINKER. hahaha. Wait until you see OUR next shill. It will be delicious and fill your mind with FOMO. I'm sure WE can get another paycheck or two out of you, but first, WE're going to continue with our FUD so WE can buy back much cheaper. Just watch those sats disappear!

>> No.10786021

>>10785987
What do you mean and? We're talking about recent price movement

>> No.10786033

>>10785993
How many imaginary friends do you have then, champ?

>> No.10786049

>>10785993
BASED

>> No.10786055

My dad works at Swift, and he had Sergey over for dinner once. Sergey showed up with his own bag of Big Macs, and loudly yawned every time my parents offered him some of the food my mom spent an hour cooking. Then he asked to be excused to the restroom. About 45 minutes later we knocked to see if anything was wrong, no answer, so we opened the door and found that the toilet was clogged and Sergey had escaped through the window. The window was broken though because he had to wiggle and squeeze his fat body through it

>> No.10786066

>>10786021
Going from an unknown to a top asset isn't like flipping a switch, anon.
News often takes a while to sink in.

>> No.10786115

>>10785171
Like Tikka Masala always used to say: "of course we take a little creme off the top to buy more LINK"

>> No.10786201

>>10786066
Agree to disagree. The amount of recent price movement is unwarranted in my opinion.

>> No.10786251

>>10786201
>The amount of recent price movement is unwarranted in my opinion.
You don't think the Accord thing alone puts Link squarely in the top 10?
Have you seen the top 50 lately?

>> No.10786255

>>10785993
god i fucking hate namefags

>> No.10786298

>>10786255
where do they come up with the random shit that comes after fag name though?

>> No.10786307

>>10785993
Imagine being this much of a fucking so᠌yboy faggot. kys.

>> No.10786318

>>10786251
Top 10? Lol no. It deserves the rise in ranking but we seem to be talking about different things. That official news is about a month old and I'm talking about the past 3? Days movement.

>> No.10786327

>>10786298
Trip Codes? Oh to be this new.

>> No.10786370

>>10786318
>Top 10? Lol no.
lol yes

>That official news is about a month old
And Link has been on an uptrend ever since.

>> No.10786390

>>10785171
you bought a shitcoin you idiot

all sergery does is sell his LINK at any possible time in order to buy more McDonalds

>> No.10786415

>>10786370
I have a stack don't get me wrong but it has accomplished nothing as of today. That doesn't deserve top 10, not yet. One day, sure, if it delivers. I already said it deserves it's increase in ranking. I am only talking about this recent pump as in days. We disagree, that's ok.

>> No.10786417

>>10786318
No! No. None of this is even news. Insiders knew and have known. Any entities interested are already holding positions or buy OTC. Who's hip enough to get inside information but not have access to OTC deals and need to use Binance in response to "news becoming public"? Exactly, no one. All price action on Binance is market maker manipulations, not an organic market response to project news or developments.

>> No.10786432

>>10786415
>it has accomplished nothing as of today
Neither have any of the top 10 coins.

The closest is ETH, and it is only usable in the real world with oracles.

>> No.10786514

>>10786417
That's a little extreme compared to my thoughts but they are in line.

>>10786432
Idgaf about that dude can't you tell. I've only mentioned current obscure events with no worthy news, influx of biz shilling compared to normal, recent price movement, and fishy books. Either talk to me about that or move on. I feel like I'm talking to a wall.

>> No.10786619

>>10785171
Why would you buy the top of a pump, instead of buying it when it was half of what it was like 2 weeks ago? Absolute brain-dead newcoiners normies fucking scum. So fucking tired of you retards. I hope you lose all your fucking money, faggot.

>> No.10786641

>>10786514
cope more