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/biz/ - Business & Finance

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15741373 No.15741373 [Reply] [Original]

It's early, 2016, Eth has gone up and down, it's currently sitting at $10. You are a little unsure because everyone is fudding Vitalik and saying the tech is shit. You went all in at $8 becuase you were a little late but you have around $15k in ETH. Even if those people sold at 1/3 of ETHs ATH they still have a million in crypto. This could very well be link holders in 2021. Think about it.

>> No.15741416

Thanks, just went all in

>> No.15741419

>>15741373
We goin to 1000$ EOY, didn’t you hear?

>> No.15741453

>>15741373
replace "link holders" with "Quant holders" and it actually makes perfect fucking sense

>> No.15741500

>>15741373
looks like a good way to drown while stumbling to the pisser in the middle of the night.

>> No.15741519

I could have bought BNB instead of link back in 2017 and made it in 3 months but instead I believed the memes and have lost 2 precious years to wagecucking. Just kill me now

>> No.15741529

>>15741500
Then have your butler pull you out. The point is you're gonna be rich soon man live a little.

>> No.15741534

>>15741453
this

>> No.15741545

>>15741519
What kills me is I put 5k into shitcoins and 1k into bnb at 1$. Then it went to 31.. god fucking damn.

>> No.15741590

>>15741373
Look at the trends in all cryptos, it's always the same. You have one big moon launch and then the just continuously decrease. Back in 2016 ETH hadn't mooned yet so it would have made sense to hold. Chainlink has already mooned. The ride is over. You missed it

>> No.15741650

>>15741590
I really hope you've sold

>> No.15741827
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15741827

Pathetic.

>> No.15741838

>imagine comparing link to ETH
Yikes

>> No.15741884

>>15741373
>THINK FOR A SECOND
>It's early august, 2016, Steem has gone up and down, it's currently sitting at 240k sats and is rank 5 on coinmarketcap
>you are a little unsure because who the fuck would actually use a meme social network that has no utility besides a zero sum economy that promises to "pay you to get likes" when you already have facebook
>you went all in at 240k sats because you were a little late, but you bouth anyway because /biz/ autists drew a meme TA chart and you believed it
>steem went from rank 2 to rank 5 so you think this was a healthy correction and profit taking, everything seems to align and you think to yourself "well I might have missed the x10, but it's better late then never, this project is obviously going places and it's on sale right now"
>Steem proceeds to lose 99.4% of its value compared to BTC and never recovers because the vast majority of crypto projects are useless and will die completely
>you made a 20% profit in FIAT after you realised there was no point in selling and forgot about your wallet only to remember it a year later in June
>BTC is now worth x5 more than it did when you went all in Steem
>you cope by posting pajeet memes and pretending this was somehow still a good trade because you gained about a month worth of waging while everyone else got rich
And yes this timeline is oddly specific because it happened to me exactly as I just told it. There's no telling which projects are going to be successful.

>> No.15741892

>>15741884
>bouth
jesus christ, it's time to go to bed
I meant bought

>> No.15742904

>>15741590
>Chainlink has already mooned
Holy shit you are retarded

>> No.15743233

>>15741373
God I hope so. Been sitting on 11k for months. Waiting, waiting, waiting, seems like forever. Can't see any alternative to oracles eventually being fully decentralized for expensive smart contracts to take off, so I remain all in. Never fu****n selling.

>> No.15743257

>>15741884
>There's no telling which projects are going to be successful.
I could've told you Steem was a retarded idea back then.

>> No.15744178

>>15741453
>>15741534
Based

>> No.15744215

>>15742904
reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.