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/biz/ - Business & Finance


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12905897 No.12905897 [Reply] [Original]

I wanted to expand on the cup of coffee theory, since it's almost like a reference point for token worth. Imagine that each gallon of gas used to be $0.10. It was fuel for the expansion of industrialization. They like that still to this day, gas is no more than $4.00 a gallon, but still so important to modern life. A highway system requires some sort of fuel, much like smart contracts. LINK will be the fuel for those smart contracts. LINK fuels the next revolution, and it will do it for $3-4 a token. I asked if coffee or gas is a better reference point, but either works in that it's cheap on the surface, but you can use a lot of it as needed. Don't listen to anons expecting $1000 or $450 a token, those are just greedy unrealistic daydreamers. Expect $1-4 per token, MAX.

>> No.12905904

this. they literally said in the whitepaper link cant go above a cup of coffee. morons

>> No.12905973

>>12905904
I think the only anons who believe $1000 is real, haven't read the whitepaper

And people who have no concept of money

>> No.12906030

Can confirm the price will never go parabolic because the “partners” would prefer it to remain low. Most exchanges have been asked to put up walls whenever the price pumps, can’t say anymore than that

>> No.12906056

>>12906030
This was not revealed to me in my discussions, very interesting

>> No.12906085

>>12905897
Thank god. 4 dollars literally makes me a millionaire. I cant wait to sell like 20k link for 4 bucks and quit my job so i can be a neet for 2 years and then sell my link for 1k a piece cause youre a faggot and you know its going to 1k nigger kike.

>> No.12906174

>>12906085
$80k to quit your job? No, you're not getting 1k a piece. put down the crack pipe

>> No.12906274

>>12906056
Do you think people sitting in offices of Microsoft, DocuSign, or any other big company want randos purchasing something off crypto exchanges that they want to reduce costs? Of course not. Fortune companies want their paws on all of the tokens in that case, not buying from fat basement men for $300 a pop. KEK that people don’t understand this

>> No.12906280

shit tier fud. I read the whitepaper you know

>> No.12906354
File: 277 KB, 1920x1080, cupofpiss.png [View same] [iqdb] [saucenao] [google]
12906354

>>12906280
ooooh i thought you where gonna go on some more :( that was simple... well I will leave this here anyway to end this shit show

>> No.12906404

>>12906354
Rip in peacw Ari Juels

>> No.12906435

4 bux max. This is a scam no better than buying stocks. Fuck this I'm out.

>> No.12906446

>>12905897
we have literally gone full circle with FUD
congrats on this. seriously.

>> No.12906497

>>12905897
damn, you know your shit.
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning

>> No.12906511

itt. pls sell

>> No.12906529

>>12906446
Right back to the coffee cup FUD except it used to be just $1, not the $3-$4 hes suggesting now.

>> No.12906548
File: 310 KB, 427x576, 1551483247936.png [View same] [iqdb] [saucenao] [google]
12906548

>>12905897
*tink tink tink*
*AHEM*

Attention KIKES

I will NEVER, ever sell my Linkies. LINK at 1.50? Didnt sell.
LINK at $1? Didnt sell.
LINK at 0.80? 0.70? 0.50?... 0.40? 0.30? 0.20?

Not selling.

IF you filthy kikes ever want to see these linkies again, you are going to have to pump the price to AT LEAST $2000 per LINK... At which point, AGAIN, you filthy kikes, I AM NOT SELLING

Sincerely,
The richest man in Costco. Praise Sergey
and FUCK JANNIES, KIKES, NIGGERS AND SPICS

>> No.12906559
File: 242 KB, 500x500, ahem.png [View same] [iqdb] [saucenao] [google]
12906559

>>12906548
unequivocally based

>> No.12906607

>>12905897
> Year is 2020, price is $4
> Price needs to go up one cent to provide sufficient collateral for network
> Can’t do it, restrictions set in accordance with $4 coffee meme.
> Chainlink teams celebrates mission accomplished.

>> No.12906678

>>12905897
>>12905904
>>12905973
>>12906354
the white paper doesn’t talk about a cup of coffee anywhere. if you believe they will predict their own price in their own white paper you are a brainlet on a level previously thought impossible

>> No.12906680

>>12906280
>>12906354
kek samefag caught
everybody look at this faggot

>> No.12906889

Daily Reminder: What an asset “should” cost is irrelevant to speculators.
>What is BTC ATH for 20K, Alex.

>> No.12906913

>>12906548
>This refined gentleman takes 2 samples and 3 $5.99 Rotisserie Chickens...

Executive Member @ Costco make way... Lemme See Ya Card.

>> No.12906948

>>12906548
based and fuckjanniepilled

>> No.12906971

Crypto expert here. I would be shell shocked if link surpassed $5 at its ATH. What I predict is it staying below $1 for years and then newer tech surpassing it basically making it irrelevant

>> No.12906973

think about this. how will 1 link token. one single link token with 18 decimals have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 1 single link token get you? i am talking one token. you own 1 chainlink token what good is it? my point being if you can not figure out why having 1 token would be valuable, having 50,000 tokens won't be either. If you can not do anything with 1 token what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907088

>>12906973
most retarded thing I've read in a long time

>> No.12907354
File: 90 KB, 500x601, faceberg-thefaceberg-follow-so-how-did-you-become-a-millionaire-31759421.png [View same] [iqdb] [saucenao] [google]
12907354

Was around when the 1$ cap in the whitepaper meme was a thing. However, never DYORed about it, not that I can't, it's a matter of principle you could say: I'm a lurker, the lurkest, and if I'm going to make it MUST be this way, the 4chan's autismo way. I know every single fud about link from day one, and I saw these debunked solely by lurking. You could say that I could've obtain the same info in half of the time (at most) by DYORing and you're partially right, but if you can't comprehend the kind of extra knowledge that heavy lurking in this shithole gives you then
>you have to go back
having said that, I will NOT read the whitepaper, ever, AND probably I have more money than you discord's/delphi's fudder fags AND rest assured that this is NOT out of pure luck, even if you can't comprehend it.
Speaking to the ICO's/etherdelta's OGs now, I was never able to debunk this fud solely by lurking back in the days, that's one of the few missing pieces of my puzzle that still drive me nuts (but doesn't even remotely makes me nervous/insecure about link, obviously). If any of you is willing to throw me a breadcrumb about it I will be more than happy to keep lurking, but again, I will NOT dyoring NOR read the whitepaper, ever.
Godspeed, fuck niggers, fuck jannies, fuck kikes, but most importantly
>lurk moar

>> No.12907377

>>12906548
Keep your <100k link faggot. We don't really need it seeing that our fat puppet has a supply of 650m to feed us
t. industrial kike

>> No.12907470

Not meaning to hurt feelings here, cup of coffee max

>> No.12907579

think about this. how will 4 Ford stocks. only four ford shares. with 2 decimals have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 4 ford shares get you? i am talking four shares. you own 4 ford stock what good is it? my point being if you can not figure out why having 4 shares would be valuable, having 50,000 shares won't be either. If you can not do anything with 1 share what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907593

think about this. how will 1 big mac. one single hamburger with 2 buns have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 1 single burger get you? i am talking one hamburger. you own 1 hamburger burger what good is it? my point being if you can not figure out why having 1 burger would be valuable, having 50,000 burgers won't be either. If you can not do anything with 1 burgers what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907601

think about this. how will 1 gram of gold. one single gram with one crack have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 1 single gram of gold get you? i am talking one gold nugget. you own 1 goldy gold what good is it? my point being if you can not figure out why having 1 gram of gold would be valuable, having 50kg won't be either. If you can not do anything with 1 gram what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907613

think about this. how will 1 coffee. one cup of starbucks coffe with two sugars have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 1 single coffee get you? i am talking one latte. you own 1 venti cup of coffee what good is it? my point being if you can not figure out why having 1 coffee would be valuable, having 50,000 cups of coffee won't be either. If you can not do anything with 1 cup what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907618

think about this. how will a gallon of detergent. one bottle of tide with one measuring cup have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will 1 single bottle of detergent get you? i am talking one bottle. you own 1 bottle of tide what good is it? my point being if you can not figure out why having 1 bottle of tide would be valuable, having 50,000 bottles of tide won't be either. If you can not do anything with 1 bottle what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good

>> No.12907628

think about this. how will 1 larp. only one misinformed larp. with lots of retarded replies have more utility than 1 gallon of gasoline. you can travel 22 miles on the highway with 1 gallon of gasoline but what can will one larp get you? i am talking one larp. you're a larp what good is it? my point being if you can not figure out why being a larp would be valuable, having 50,000 larps won't be either. If you can not do anything with 1 larp what makes you think having a bunch of them is going to do? think for a second. do you understand why we fight wars over oil? because it is a true utility good.

>> No.12907629

>B-best you’ll ever get is 10x!!
ok

>> No.12907638

>>12905973
People who had no concept of money could have retired for generations on btc. But they had no concept of money.

>> No.12907657

>>12907593
kek

>> No.12907685

>>12907638
BTC is kill

>>12907629
Not bad right? More realistic than $400 and a pretty sure bet.

>> No.12907868
File: 105 KB, 463x620, 1551564790104.jpg [View same] [iqdb] [saucenao] [google]
12907868

>>12907628
So what you're saying is that the US will declare war on linkies and this will pump the price and not adoption???

>> No.12907913

>>12905904
Um, simply not true. They don't talk price in it

>> No.12908562

>>12907913
It's on page seven of the original white paper under coffee price index.

>> No.12908702

how dumb are you biztards? a guy named "coffee anon" having a conversation with himself? guys. no one knows about link. if it fucking actually works - you'll be rich with whatever you have currently. stop bumping these trash threads. blockchain is backend - not a replacement for your 20 dollar bills.

>> No.12908729

>>12908562
This holy fuck /biz/ is so retarded now