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/biz/ - Business & Finance

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14348766 No.14348766 [Reply] [Original]

You realize that when binance bans Americans from trading LINK, that the volume will dry up and the price will go back to $.5 - $1.25? You know this will tank the price right?

Anyone buying right now is out of their goddamn mind. It might go up in the future but this binance ban is going to wreck chainlink.

>> No.14348795

americans are dumb and don't invest in chainlink

>> No.14348969

>>14348766
I think the Chainlink team has their ducks in a row (Coinbase)

>> No.14348977

Unless.........coinbase by Sept.

Screenshot this.

>> No.14348994

>>14348977
Checked

>> No.14348998

Not only Coinbase, but CZ isn’t dumb either. BinanceUS will be open by then as well.

>> No.14349010
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14349010

>>14348969
>>14348977
This is an insane hope. Binance is preventing Americans from trading Chainlink because US securities law. Why would Coinbase not have to abide by those same laws?

And if they don't get on Coinbase by September, do you agree the price will tank?

>> No.14349011

>>14348766
>what is scarcity

>> No.14349045

>>14348977
AHH DIGITS

>> No.14349077

>>14348766
>>14349010
Shut up

>> No.14349095

idex?

>> No.14349124

>>14348766
Oh god, the Riddler'a back

>Riddle me this, /biz/! How will you buy? How will you cash out? How long will you hold, hee hee!

>> No.14349125
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14349125

>>14348977
>>14349077
Cheked

OP is a fag

>> No.14349138

The price will experience the singularity but no one will be able to cash out. Then, everyone will have to pay huge sums for taxes because of paper gains and they’ll go broke before they can sell it.

>> No.14349145

>>14349124
*Riddler's

>> No.14349156

>>14348766
Thanks anon, for caring so much for my investment in chainlink. Here you are, taking the time out of your day to hand out free investment tips on a mongolian BBQ board. WOW! You are truly one of a kind.
This board is littered with filthy swinglinkers trying to fud the price down because they missed their entry, but i can tell you arent one of them. 3.2 USD EOD btw.

>> No.14349176

>>14349010
Coinbase released a list of assets they will add to their platform a while ago
They have since added coins from that list slowly, month by month

Chainlink is on that list, go Google coinbase adding assets and see for yourself.

>> No.14349205

I have bought KCS to prepare for amerimutt ban and I'm already JUSTed, fuck that shit

>> No.14349211
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14349211

>>14349176
Thank you, I did not know about this.

>> No.14349226

>>14349010
There is precedent. EOS did a $4 billion ICO (125x larger than LINK) that excluded certain jurisdictions such as the US. EOS was recently listed on Coinbase.

Ripple which is facing a class action lawsuit over XRP for securities violations was listed on Coinbase earlier this year.

If LINK is not listed on a major US exchange, it could affect the price but no idea how much...

>> No.14349243
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14349243

>>14349176
https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-92ba4ab7f465

>> No.14349247 [DELETED] 
File: 110 KB, 250x250, 250px-Biz_Nice_Just_Bought_100k.png [View same] [iqdb] [saucenao] [google]
14349247

>>14349010
reminds me all the times China gud when they kept banning bitcoin in the '17 bullrun.
>pic is unironically me buying another 100k

>> No.14349254
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14349254

>>14349156
Anon I have 12k Chainlink I bought at 55c, I'm nervous about the surge

>> No.14349265
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14349265

>>14348977
checked

also OP is retarded, CZ confirmed that the list of coins for binance US is only preliminary and much more will be added on. of course they're gonna list the high caps first.

>> No.14349312

>>14348766
Just go on fucking CoinMetro already and make a LINK community there. All Americans welcome with the exception of Jew York

>> No.14349339
File: 110 KB, 250x250, 250px-Biz_Nice_Just_Bought_100k.png [View same] [iqdb] [saucenao] [google]
14349339

>>14349010 #
reminds me all the China fud when they kept banning bitcoin in the '17 bullrun and somehow managed to end up with 20% of the supply.
>pic is unironically me buying another 100k

>> No.14349342

>>14349243
Thanks anon, phoneposting while waging and couldn't be bothered to do it myself

>> No.14349363

>>14349254
If all you are is nervous then how about you say that in your OP instead of making dogshit assumption like you know anything at all. Fuck off mongrol.

>> No.14349396

>>14349176
So if coinbase is the only platform Americans can buy crypto then wouldn't all the coins listed on coinbase moon like crazy after the SEC starts shutting down exchanges?

>> No.14349397

>>14349312
this

>> No.14349420

Someone apparently is so new to crypto they’ve never seen an exchange come and go

>> No.14349446

>>14348977
Yup, Rory’s wife’s son js called to confirm.

>> No.14349448

>>14349396
allow me to say again, IDEX

>> No.14349454

>>14349095
COSS. It trades Link and it's mooning right now.

>> No.14349502

>>14348766
It will be on Binance US most likely, it's not a security. But it depends how much time there is between September when Binance dies for burgers and when they launch Binance US. If it's long it will probably be impactful.

The real FUD is the ETH transaction fees are too high to pay LINK nodes for a simple API call. You literally pay $0.01 a call traditionally, not fucking $0.50.

Tell me *how* its blockchain agnostic when nodes get paid in LINK, in a way that avoids high payment fees?

Nobody is going to pay 50x the cost of a traditional API call at scale. So chainlink IS reliant on Ethereum scaling, and scaling to a degree where transaction fees are next to nothing.

>> No.14349529

>>14349010
I'm in the US and I've been buying chainlink on binance fine. I'll probably deposit all my linkies into coinbase once they accept it.

>> No.14349570

>>14349502
>what are threshold signatures
kek retard, at least do some research before fudding

regardless, the people who will first use link for derivatives are those doing low frequency, high volume transactions (think whales) who want security and a guaranteed transaction. they don't give a fuck about fees.

>> No.14349636
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14349636

>>14348977
Blessed 77s

>> No.14349660

>>14348766
Please sirs make it tank so I can buy more

>> No.14349695 [DELETED] 

>>14349570
Threshold signatures are for oracle fees, not the transaction fees paid to the oracles.

Of course they give a fuck about fees. The whole purpose is to become more efficient to become more profitable. At those costs doing tens to hundreds of millions of API calls monthly would blow any savings the fuck out right?

>> No.14349841

>>14349570
>14349570
Threshold signatures are for the oracle gas costs, not for the transaction gas costs that occur when actually laying the nodes. You can look at the transactions on mainnet and see like $1 fees for a call to pay 3 nodes, its crazy high.

Maybe for low volume areas where timing and fees aren't an issue. At scale its a no go unless ETH scales well. Imagine doing tens or hundreds of millions of API calls a month with those fees. How are savings gained from smart contracts going to be more than those costs?

>> No.14349956

>>14349570
You are right about low frequency high value trades, something I overlooked. Thanks.

>> No.14349995
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14349995

>>14348977
Coinbase listing is so obvious

>> No.14350001
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14350001

>>14349841
>At scale its a no go unless ETH scales well
Scaling problem has already been solved, just not with ETH. Partnership with LINK as well.

>> No.14350005

>>14348766
Even tho I’m a link bear I think counbase will happen before then prob

>> No.14350018
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14350018

>>14349176

>> No.14350028

>>14348766
fuck off

>> No.14350044
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14350044

>> No.14350065

>>14349312
yeah this will have no effect on adoption, normies in particular will be straight on it

>> No.14350106

>>14348766
You know coinbase will list that shit asap

>> No.14350401

>>14348766
just accumulate and wait for halvings. i'm gonna spend 1% of link gains on this over a 2 year period.

>> No.14351119

>>14348969
You can already buy Chainlink on crypto.com's app and its american friendly. A coinbase listing is a very logical listing since the general consensus is that LINK isnt a security.

>> No.14351301

>>14348766
>Low supply and high demand = lower price
How fucking low does your IQ have to be to even write this?