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/biz/ - Business & Finance

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12439966 No.12439966 [Reply] [Original]

There are retards on here right now who are still holding their link stacks. Time and time again we see the same pattern - pump and then a dump. You spastics deserve to stay poor if you never grow some balls and sell the tops to rebuy at a lower price. link WILL dump, probably to 6-10k sats. Dont be a pussy anon, just still your stack now a days rebuy more in a few days. You're welcome

>> No.12439973

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.12439975


>> No.12439996
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whats your sell target ?

>> No.12440075

He already sold, hes fudding to bring back down the price so he can get back in

>> No.12440085
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>> No.12440791
File: 465 KB, 1331x1142, swingtrader-collage.png [View same] [iqdb] [saucenao] [google]


>> No.12440880

You faggot. They'll use LINK because it will be financially beneficial for them to do so. This will result in other companies making the switch should they want to stay competitive.

>> No.12440889

wtf she has no tits

>> No.12440902

>being this new
Kys reddit scum

>> No.12440916

>he doesn't know that the reply is part of the pasta chain
Kek who's the newfag now

>> No.12440923

Swing trading is definitely doable. Look at the wicks on some of the candles for evidence. However its not worth it to swing trade a large portion of your stack in case you get left behind. swing trade 10-15% of your stack and no more. I wouldn't swing trade right now though maybe like 14k sats when RSI is screaming overbought

>> No.12440927

do you have any idea how many smug swinglinkers have gotten fucking rekt in the ast couple weeks? You'd see them after every pump, smulgy saying 'lol I sold at 7500 enjoy your bags", literally every fucking time. T

>> No.12440932

Reddit is better than 4Chan.

>> No.12440935
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How bing is your bong, my man?

>> No.12440977

Im too scared OP. Ive sold too early before.