/biz/ - Business & Finance

[Anonymous No.17610444]

Anyone listening to this dumb as fuck FUD dissuading you to buy LINK.

Go to ethexplorer.io and search chainlink. You can find your bag position there. My bag is in the top 6700 compared to 105k I wallets effectively putting me in the 1% of LINK holders. Buy now or cry later.

[Anonymous No.17610482]

>>17610444
Interestingly, if you compare the top LINK and ETH wallets you can get a good picture on what a “make it” LINK stack would be.
If you have 10,000 LINK you are in the top 3000 wallets.
How many ETH do you have to have to be in the top 3000 holders?
Fucking 3000 ETH.
That’s $690,000 today and $3,000,000 at the peak of the last bullrun.
So yeah if you’re wondering “is x amount of LINK enough to make it?” I think this is a good way to estimate.
Like, if you have 5000 LINK you’re in the top 5000 wallets. The top 5000 ETH wallet holder has 1,683 ETH.
(If any newfags are reading this, you can check this shit in etherscan and ethplorer).

If you have 3000 LINK you’re still in the top 7000 holders.... the 7000th ETH holder has 1070 ETH. And believe me, LINK is just starting it’s ETH-like run.

[Anonymous No.17610569]

>>17610482
That counting individual wallets, we know there are some people who have multiple wallets, so my position may be even less. Furthermore we know chainlink has stronger business use case and a stronger pull for institutional investors.

If we see ETH and BTC reaching another ATH this year, then we know crypto follows a traditional market cycle of expansion and therefore it would make no sense to sell now further decreasing supply and moving price up.

[Anonymous No.17610651]

>>17610444
Based

[Anonymous No.17610710]

>>17610482
>If you have 10,000 LINK you are in the top 3000 wallets.
that's crazy brother, I'm probably in the top 1000 and I thought my stack wasn't that big

[Anonymous No.17610777]

>>17610710
Exactly huge amount of discord fudders going around dissuading anons getting in early.

[Anonymous No.17610811]

>>17610777
>>17610444
checked, powerful digits. Also just noticing OP was trips as well. very blessed thread.

[Anonymous No.17610880]

>>17610569
>>17610569
>we know there are some people who have multiple wallets
Yes, but it’s impossible to know how many. Also, it’s fair to assume that ETH and LINK are comparable since there’s no reason that the number of people with multiple wallets would vary between ETH/LINK.

We’ve been speculating for years whether the top wallets and ICO buyers were institutional investors...
the current pump is being driven by newfags. We’ve gone from 25k wallets to over 100k and my rank has barely moved.

>>17610710
Linklet dysmorphia
If you were around in 2017 of course it feels like you haven’t got enough link. But all the newfags now screaming larp at anyone with 10k or more shows how quickly shit is progressing.
Imagine in 2 years when the next wave of newfags sees the current newfags with 1000-5000 LINK, and they can’t even afford 100-500. gonna be crazy.

[Anonymous No.17610892]

>>17610777
Spoon feed me im a retard from fit, i bought in at 4.10, 1007 linkies, am im gonna make it? Ill hold forever, it was just sitting in my bank doing nothing so I might as well leave it where it can do snow good.

[Anonymous No.17610908]

>>17610444
>He thinks he is in the top 1%
>He thinks larger holders than him all have 1 wallet.

[Anonymous No.17610915]

>>17610892
Yea you’ll make it you’ll feel jealous at people with more than 5k links now, but you’ll move up in the ranks as old linkers leave the market. See how none of the discord trannies try to come and argue with me because i just spat out straight facts.

[Anonymous No.17610916]

>>17610777
chekt

[Anonymous No.17610933]

>>17610908
Ahhh the midwit who can’t do math.

[Anonymous No.17610935]

>>17610908
>he is retarded and can't do math

[Anonymous No.17610948]

>>17610880
>But all the newfags now screaming larp at anyone with 10k or more shows how quickly shit is progressing.
>Imagine in 2 years when the next wave of newfags sees the current newfags with 1000-5000 LINK, and they can’t even afford 100-500. gonna be crazy.
I-I thought you guys were just shitposting. Is 30k a-actually a lot?

[Anonymous No.17610964]

>>17610948
dude stfu you know 30k is a lot

[Anonymous No.17610967]

>>17610482
Aka 10k is not make it stack.

[Anonymous No.17610994]

>>17610964
I'm sorry, I'm actually retarded

[Anonymous No.17611009]

>>17610967
you're not gonna make it bro

[Anonymous No.17611024]

>tfw same amount of money I put into LINK today would have gotten me 75k link
Too bad I didny have 2 years :'(

[Anonymous No.17611030]

>>17610892
See
>>17610482

Having 1000 LINK doesn’t even put you in the top 10,000 wallets.
Go check how many ETH the 10,000th ETH wallet has and you’ll see: you’ll make some money but not enough to retire.
Always been 10k to make it.

[Anonymous No.17611056]

>>17610967
Yes it is dummy. 10,000 link is the equivalent of having 3000 ETH, which peaked at $3mil at the peak of the last bullrun and even now sits at almost 3/4 of a million. Either of those numbers are enough to retire on if you play your cards right.

[Anonymous No.17611085]

>>17611030
Honestly we need to see the bull run this cycle if ETH does indeed beat it ATH, to let say $2000 - $2500 then yes LINK will be a buy and hold for several years 3 - 5, if you held that amount than you will make it. Same as the old OG BTC who had 300-500 btc back in 2010.

[Anonymous No.17611109]

>>17610915
>old linkers leave the market
Lmao no, OGs never sell.
If you bought in 2017/2018 it means you’re a full fledged stinky linky who is absolutely committed and never selling.
Graph proves it. Shows holders by time. There are around 20k wallets who haven’t touched their linkies in over 12 months. Funnily enough, there were around 25k wallets pre-2019, all the early adopters.

If you bought early, you fully understand the project and won’t sell. You will probably get into staking.

If you bought late, you’ll panic sell the next dump, or you’ll sell for a small x3 profit and pay yourself on the back for making such a good trade as a means to COPE with seeing link skyrocket to triple figures Kek.

[Anonymous No.17611118]

>>17611056
at the peak of the bullrun 3000 eth was closer to 4 mil than 3 mil

[Anonymous No.17611130]

>>17611030
Sucks man, i didnt have the money back tthen that i do now. I just dont wanna work anymore lmao im gettin old

[Anonymous No.17611135]

>>17610948
30k is a lot NOW because newfags are priced out.

To early buyers 30k is a lot but not totally unbelievable.

[Anonymous No.17611148]

>>17611109
If old linkers don’t sell, i don’t plan on selling my linklet stack, than supply circulation is reduced bringing up price. So honestly we have no fucking clue what price will be. 10,000 is def a make it stack but LINK is a wierd asset, that true value is best held.

[Anonymous No.17611164]

>>17611085
What is this fucking pajeet typing?

You’re not quite right.
1. The market moves with BTC, not ETH.
2. LINK can move independently of BTC, given its climb during the bear market.
3. LINK will drive the mooning of ETH through usage, not the other way round.

[Anonymous No.17611170]

>>17611085
eth isn't going to $2000 ever. sorry to inform you

[Anonymous No.17611174]

>>17610444
> checked
> also tfw only 1k link

[Anonymous No.17611226]

>>17611118
Didn’t it hit $1200 for like a day? Crazy.

>>17611130
I hope you can accumulate some more linkies. Put a % of your wageslave cheque in each month, sell old stuff on eBay, and accumulate. Link will hit $50-$100 easily next bull cycle, which is coming within months.

>>17611148
Yes, we’ve discussed this. Staking will drive price up massively. Especially if staking is made available on normie platforms like coinbase.
>we have no clue what price will be
True, but there have been many many calculations and conservatively link only has to hit the #3 spot to reach about $60. And this isn’t even accounting for a rise in btc.

[Anonymous No.17611238]

>>17611164
Im saying I want to see if there are other coins beside BTC that can break their ATH in a bull-run. Im talking about the expansion cycle, so far it seems to be only BTC. If ETH can do it, then im placing my bet on LINK in the next expansion cycle.

[Anonymous No.17611304]

I really hope we pass 5 dollars soon. Been sitting on these stacks for so long without selling a single stinker. I just want to sell maybe 1% of my stack, just to finally be able to say "I made money in crypto". I can still leave tens of thousands of linkies riding for years.

[Anonymous No.17611306]

>>17611226
What number should i shoot for, im sitting on 10gs in my savings right nowbut its a comfy buffer incase of emergencies. I can wait for a dip too, it looks like it might go back to the 3s in t he next week or so

[Anonymous No.17611359]

Check'd

[Anonymous No.17611370]

>>17611304
You could but we might be in a bear trap, there suppose to be an announcement monday, sunday the price drops everytime so buy then.

$5k because link has the best risk/roi based on fundamentals. Plan to hold for 3-4 years.

[Anonymous No.17611414]

>>17611370
Announcement from who?

[Anonymous No.17611417]

When is next bull cycle?

[Anonymous No.17611429]

>>17611414
Ceo of ibm blockchain prob spelling it out to midwits why this is huge.

[Anonymous No.17611517]

>>17611238
Whether or not LINK can break its ATH (which is has done already....) has nothing to do with ETH...


>>17611306
Link might dip down yes, but it also might shoot up?
Umming and ahhing about when to buy in means you’re fundamentally still not getting it. If you haven’t read up on link to the point that you’re desperate to get that 10k stack then I doubt you’ll manage to hold through dips.
Anyway, the best advice is probably to buy incrementally. Obviously it’s terrible financial advice to say put your entire savings account into a cryptocurrency. But this is exactly what I did and now I’m sitting on a 17k stack of link and set to be a millionaire before I turn 30. buy as much as you can stomach and set some aside in case it dips.

In crypto you need to go big or go home desu. It’s too late to buy a 5 figure stack of link without taking a huge risk right now.

For newlinkers, what is more important than deciding when to buy in, is reading the archives. There were many many discussions in 2018 worth reading. Especially on link’s tokenomics. Start with the Assblaster posts for sure.

>>17611417
Once the BTC halvening happens in May perhaps?

[Anonymous No.17611529]

>>17610444
Checked

But let’s dissect this further. ETH has an actual inflationary model built into it as a system for sound money.

Link is literally owned by one man. So what wins at the end. A social consensus agreement or a potential autocrat who’s only hope is in the form of philosophy learnings.

[Anonymous No.17611565]

>>17611306
Here’s some archived threads from when link was 30-40cents for the newlinkers.
>>/biz/thread/S10845134
>>/biz/thread/S8498318

AssBlaster threads
>>>>/biz/thread/S5989877#p5999884
>>>>/biz/thread/S6331621
>>>>/biz/thread/S7569209
>>>>/biz/thread/S6350294

[Anonymous No.17611594]

>>17611517
It hasn’t broken it ATH though, which was $5.18 I do expect to see it do so this bull run.

Also I do think this bullrun cycle is going to be different as the previous one was built on speculation, with this one being focused on real world use case. I don’t even want to argue price cap because parabolic movements are irrational and the market is irrational at that point.

Congrats on making it.

[Anonymous No.17611622]

>>17611529
>he knows sergey is a philosophy major
>he thinks we don't know he's an OG with 10k+ link

[Anonymous No.17611629]

>>17611594
link was never $5.18, wtf are you talking about

[Anonymous No.17611631]

>>17611565
Thanks anon, im a brainlet with this shit, and unironically picked link because i was a marine nd thought the nickname link marines was cool . this feels like virgin and chad meme where they are friends and both need each other to succeed.

[Anonymous No.17611634]

>>17611594
start counting in sats instead of usd

[Anonymous No.17611690]

>>17611226
>>17611517
>Link will hit $50-$100 easily next bull cycle, which is coming within months.
>17k stack of link and set to be a millionaire before I turn 30.
>Lmao no, OGs never sell.
and where is the money coming from for 2017 to repeat itself ? ICO scams are over which literally pushed ETH into stratosphere, normies from 3 years ago are burned out of their life savings, and if halving will be nothing burger what happens then ?

Smartcontract adoption won't happen this year, Assblaster was a larper who got more things wrong than right.

If you would believe 100% that Link is getting 50$-100$ in this year or next, you would be buying and leveraging everything in your possesion to not have 17K stack anymore.

Saying that's for sure, and "im set to be a millionaire" is like this is guaranteed.

Which is fuckin not, i want to dream about high double digit and maybe triple digits, but let's stay sane

[Anonymous No.17611691]

>>17611306
Here what i’m talking about dyor research about LINK, but the cryptomarket at the end of the day is still a market. It has peaks and bottoms and periods of economic expansion. The idea is that if you hold your 1k LINK now and hold it for 3-7 years you will eventually make it as more money flows in the value of your link now will increase over time. Yea you’ll never reach OGs now but you will eventually keep moving up and up the longer you hold. Some companies become so market dominant as first movers that they will never leave unless a new disruptive tech comes in. Apple and samsung in smart phones is the best case.

[Anonymous No.17611713]

>>17611690
dude go back to the 2017-2018 archives. you need to educate yourself

[Anonymous No.17611718]

>>17611629
Your right $5.10 on my phone.

[Anonymous No.17611733]

>>17611713
He a dumb discord tranny fudder. The same people who have very little money for investments. People who don’t understand economic market cycles.

[Anonymous No.17611739]

>>17610892
Just took it upon myself to check and if you have 1000 link you’re around position #1000-10300
The #10000 ETH wallet has 753 ETH.
Which is about $150k now and was $900k at the peak of the last bullrun.
Now if link did a run up like ETH did to $1200 or so, that would be the equivalent of link running up to like $230 now. Which would put link at the #3 spot on cmc.
Not unthinkable, but, Linklets with sub 5k still have a chance of making it within 5 years.

[Anonymous No.17611764]

>>17610444
>>17610482
Top 1500.
:') I am a whale.

[Anonymous No.17611767]

>>17611713
you are a newfag here, in early 2017 i made my first moves in crypto when BTC was at 1000$ so shut your bitchass, if you guys think 2017 will happen again just cause you are retarded and delusional. even wolpert said it in his last interview, hype cycle is over, it's utility time.

bullrun of 2017 magnitude CAN happen, but for that crypto must 2x or 3x in marketcap in general.

>>17611733
im not a discord tranny i despise them, i can show how i accumulated 10K link through binance with lowest 17 cents buy-in so shut your bitchass and stop acting like you researched LINK first you newfag

[Anonymous No.17611788]

>>17611767
Okay boomer, that what you sound like.

[Anonymous No.17611789]

>>17611622
Checked again

Honestly the link tonkenomics has scared me from day 1 and still scares me. ETH paved the way for how the token is to be distributed, which is the cornerstone of any project. We with Link completely ignored that part. Kek

[Anonymous No.17611794]

>>17611594
>>17611594
Link has broken its ATH in both sats and dollars... wat

>>17611631
Good luck and enjoy the threads.

>>17611690
Never said that link was going to hit $50-100 anytime soon. I meant that the *start* of the next bull cycle will arguably *commence* at the halving.
If btc really does what the models say and reaches like 100k, loads of alts will fucking moon.

The current moon on link is still based on speculation and normies buying in. Adoption hasn’t even taken off yet.

And link will absolutely reach $50-100 within 5 years, cap this.

[Anonymous No.17611813]

I only have 50 measly LINKs.
I have about 50K in savings accounts, I'd feel comfortable gambling about 10-20K for now...
Thinking of dropping 5K on some LINK right now. Please, if someone can inform me if this is a good idea or not, I'd appreciate it.

[Anonymous No.17611814]

>>17611764
Still feels surreal. I'm in top 1200 with a bag that I bought for $8000. We're not really going to make it, right? Is it real?

[Anonymous No.17611821]

>>17611767
ok boomer

[Anonymous No.17611851]

>>17611691
>Yea you’ll never reach OGs now but you will eventually keep moving up and up the longer you hold.
Totally untrue and brainlet-tier thinking. See >>17611109
Also see early ETH buyers. They still haven’t sold. If anything they are accumulating more.
OG linkies will be the first to get into staking, why would you sell your stack if it guarantees passive income? Pic related, and this doesn’t even account for burgers who were excluded form LP Ico.

[Anonymous No.17611874]

>>17611794
>cap this
>typical 2017 buzzwords
>not accounting exchange wallets while estimating wallet position
>yeah we already made it
>50-100$ guaranteed
yeah i will save it for next 5 years and what would i do with this screenshot, nothing is guaranteed, and crypto CAN literally end next week or on halving where fuckin whales unload everything because they see there's no volatility here anymore.

BTC can drop to early 2017 levels and taking market with it, then WHEN adoption happens crypto will rise again. that could be 5-10 years from now when all platforms are running and business are using the blockchain properly.

now this is just a scenario that can happen, because i have enough brain cells to think about it, and not using retarded out of ass assumptions that LINK x10 from here.

but you are too dumb to realize the "ifs" of this game

[Anonymous No.17611896]

>>17611767
>hype cycle is over
Less than 5% of burgers are in btc.
As zoomers and millennials reach careee and investing age, they’ll only pump more money into crypto.
If btc surpasses ath it’ll be all over the news again. This time even bigger.
Link has both adoption and speculation on its side.
I expect to see a speculation bubble which pops then a slow rise as LINK network is adopted. Much like the dotcom bubble.

[Anonymous No.17611906]

>>17611813
Read the thread you cunt. This has been discussed ITT

[Anonymous No.17611919]

>>17611896
bullshit negro, the armies of normies are burnt and living paycheck to paycheck because their investment freefalled through 2018 to 0. i can name like 20 scams out of the gate that took hundreds of millions of dollars from people around the world and those people are NEVER coming back to crypto

[Anonymous No.17611929]

>>17611906
Kek sorry man

[Anonymous No.17611931]

>>17611874
>not accounting exchange wallets while estimating wallet position
If you mean people who hold on binance that’s retarded because there is literally no way to estimate how many do this. Therefore it cannot be included in the analysis. Brainlet tier argument.

[Anonymous No.17611939]

>>17611814
We are going to make it. I feel like a linklet because I really want to get to top 1k wallet, but with LINK at this price, I don't think that's going to happen. I just need to accept my rank, cope.

[Anonymous No.17611940]

>>17611931
nah, the brainlet thing is not stating that in your fuckin analysis before being confronted, did you even finished basic education, because you arguing like a fastfood worker

[Anonymous No.17611942]

>>17611851
Are you telling me that none of the OGs will sell if a price is high enough to diversify? They might not sell all of their stacks but some will sell and it may not be OGs outside of /biz/. Im not try to fud or make people feel bad, I like link, i have link and I see the value in keeping it long term.

I don’t know what going to happen in the future but all I know is that it a golden goose.

[Anonymous No.17611944]

>>17611919
Did you miss the part about the constant stream of zoomers and millennials entering the market? Who are 10x more likely to invest in crypto than the last generation?

[Anonymous No.17611959]

>>17611942
OGs will not sell until they make it. If you bought in 17/18, you understand the pot

[Anonymous No.17611967]

>>17611940
nobody is holding 10k+ links on an exchange. what retardation

[Anonymous No.17611975]

>>17610482
What are people with 50,000 link looking at mr math man

[Anonymous No.17611977]

>>17611919
Yea the same shit happen to boomers who bought beanie babies, your point?

[Anonymous No.17611979]

>>17611942
unloaded portion of my stack to cash out 2X initial after tax because im not retarded
>>17611944
that's just a reach and not factual at all
>>17611959
bullshit once again

[Anonymous No.17611988]

>>17611942
>>17611959
Sorry hit post before I finished typing. Phoneposting.
If you bought in 2018 you see the potential for link to hit at least $50-100, as the graph I posted demonstrates, OGs will not sell until then. Some may never sell if they get into staking.
The people most likely to sell too early are the ones buying now. Because they only saw the value in link after the price went up.
If you didn’t see the value when LINK crashed to 20c then you don’t truly see the value now.

[Anonymous No.17611993]

>>17611959
Nope I completely understand the pot, that why I too am never selling.

[Anonymous No.17612017]

>>17611979
it is based on facts lol posted graph itt showing 20k wallets have held for over 12 months. Exactly the same number of wallets that existed pre 2019, not a coincidence.


This thread is devolving into pure retardation. I’m out. $1000 eoy, 10k to make it, 1k suicide stack. All you need to know.

[Anonymous No.17612021]

>>17611988
I bought now because I did research had no time to do it before, my hands are iron gripped so don’t put me in a bucket of generalization.

[Anonymous No.17612030]

>>17611967
never ever created any other wallet than exchange ones for any crypto i held from early 2017 to now you schizoed fuck with "bicycle" as your password
>>17611977
typical retard answer, you literally provided nothing new to the discussion, you might aswell bring dot com bubble or tulipmania, while we discussiing crypto you dumb cunt

[Anonymous No.17612037]

>>17611993
Some newfags may have done the research and if so you will make it.
Most will not. Good luck anon.

[Anonymous No.17612057]

>>17610444
Kek Im in the top 4000 with my pathetic stack.

[Anonymous No.17612066]

>>17612017
that graph doesn't account to shit, because OG holders could also unload their stacks from exchange wallets you absolute fuckin retard. go leave this thread, your IQ is too low, only thing you are good at is populism and "we make it already" "im super bullish on chainlink" "im set to be a millionaire"

>Tron cryptocurrency will be worth 10000$ a coin

[Anonymous No.17612132]

>>17612066
Dunning Kruger in full effect. Kek.

[Anonymous No.17612196]

>>17612132
oh you a psychologist now aswell ? how cool of you. guess im wrong
>crypto is not high risk high reward
>link will for sure 100% reach 50-100$
>bullrun of 2017 magnitude will happen for sure
>halvening will be definetely a huge price push for that
>definetely NOBODY who bought Chainlink in 2017-2018 from this board or from elsewhere sold anything because they truly believe in the tech and the market

hehe im very bullish on chainlink too ! let's arbitrage to yobit and nova !

[Anonymous No.17612305]

>>17611977
>>17611944
>>17611988
HYPE
CYCLE
IS
OVER

[Anonymous No.17612355]

>>17612066
>yes, all the data goes against what I'm saying, but what if everyone is actually holding all their giant link stacks on exchanges, heh checkmate

[Anonymous No.17612386]

riding Link since the ico and i have been a popular marine in our circle. you too probably know me.

the thing is most of the og marines cashed out their initials already and they wont be selling any Link anytime soon.

[Anonymous No.17612392]

https://www.youtube.com/watch?v=_wzfIS6YC-I
29th October of 2018
what you see in beginning of the video is AMB scam artist CEO making his way into first row
>AMB hype
>constant 24/7 shilling on /biz/
>Versace guy hired for 1 week to hype the announcment
>AMB went from ~1$
>to 1 cent
>hype hype

now do the same for TRX
>announcment of announcment
>hundreds of millions poured from normies all around the world
>X10 at least done backwards

now cmon lets discuss how new generation of bagholders will buy those graphs, buy new scams, buy old scams etc.

how the fuck this will happen without adoption and utility in place
>muh halvening
>muh investing age is coming for fast food workers and they will all put savings (which is 100$)
>that will triple the crypto marketcap
>muh muh dunning kruger

[Anonymous No.17612419]

>>17610444
Link token is not necessary. You can use ethereum. You dumb fucks are going to lose all your gains

[Anonymous No.17612445]

>>17612355
i never said anything that all of the stacks are hold on exchanges, definetely it's a split and most people who have 10K+ on external wallets, have equivalent of this or more or less to trade and take profits and those external wallets are for LONG

but yeah keep wishing boy, that you are the big fish here, everything in crypto is in the hands of people who don't post here.

el fin

[Anonymous No.17612446]

>>17610482
Holyshit I'm in the top 2000 holders now after not buying since May. I used to be fringe top 3000. lmao at all the dumbasses in front of me who sold

[Anonymous No.17612449]

>>17612445
Post bag, tranny

[Anonymous No.17612508]

>>17612445
>posts some schizo shit about ropsten
lol ok bro

[Anonymous No.17612567]

>>17612449
here's 10K from binance, moved 7.5, sold portion of 7.5 already
>>17612508
the thing about this screenshot is all the fags are larping and reaching for straws, nothing is guaranteed and LINK might aswell be stagnant at 5-10$ range for eternity.

[Anonymous No.17612578]

>>17612567
Post one for now.

[Anonymous No.17612608]

>>17612578
ayy lmao made a mistake with date, im still in 19 apparently

[Anonymous No.17612617]

>>17612608
Dilate discord tranny.

[Anonymous No.17612648]

>>17612608
lol, i think you are late for your daily dilatation bro

[Anonymous No.17612681]

>>17612617
>>17612648
typical retards

[Anonymous No.17612700]

>>17612681
Woah, im so jealous lmao. Sold all my crypto because someone has more than me and that means i should listen to them.

[Anonymous No.17612739]

>>17612700
>implying i ever encouraged anyone to sell something itt
i took my profits already riding it to my targets or to 0.01USD, but its free money from now on so listen to whoever you want to listen

1000$ EOY guaranteed lmao, there's no other option, and we have to visualize together

[Anonymous No.17612794]

bitches went silent real quick

[Anonymous No.17612968]

Hi, I held 10,400 link and have some questions to ask the OP please, no bs just rational questions - thanks in advance for answering, this isn't an "attack" on your knowledge or aimed at bringing about any FUD I'm simply seeking answers to honest questions and hoping your answers are the same. Cheers man:

1) The majority of developers don't care about decentralisation, with centralised data sources being cheaper - Why would one use a decentralised oracle?

2) The LINK token isn't needed, you could pay for the network in USDT or fiat, or another established crypto.

3) a) How do you foresee enterprises such as SWIFT / IBM / Microsoft incorporating tokens onto their balance sheet - which asset category does it fall under? Who holds custody of the token and private keys? If that employee was to move company, what happens in that regard?

b) Why would a company pay for the use of the network through a volatile token? How do you convince procurement to accept a purchase order for 1,000 LINK tokens to use the network @ $10 if by the time that document is signed the price is now $8 a token?

4) What is the revenue model of the business? How do they generate fiat income to pay for salaries, rent, expansion of the business other than selling down LINK tokens? A business cannot run long-term if the source of it's income is based on a speculative token which only holds value due to the previous person wanting to pay more than the last, we say it all too well in in 2018 when the 'warchest' of tokens which crypto companies held lost 99.9% of their value, how does LINK continue to operate if it's token does the same, is there a path to revenue?

I'm really cheering for link, there is a theme of utility over hype, but without the above being addressed how can one achieve utility?

[Anonymous No.17612972]

>>17611135
being in the dirty 30 club is rough. You really want that 50K+ for extra comfy to get to $10M

[Anonymous No.17612985]

>>17612968
go back to the 2017-2018 archives bro. this is all day 1 stuff

[Anonymous No.17613004]

>>17612968
Holy fuck, I don't answer your questions.
I also stopped reading after your second Question. Maybe some other anon wants to waste his time on you and explain.
But I am here to tell you one thing.
You are a fucking low IQ retarded subhuman trash! Holy fuck, that's unreal.

[Anonymous No.17613020]

>>17612968
LINK havent even solved the oracle problem. they dont have a functional product. the whole project is a joke. agonizing over the stuff you've just mentioned is moot. LINK will never, ever be used in a single actual smart contract execution.

[Anonymous No.17613033]

>>17612985
Archives do not answer all the questions anon. Point me to the answer of 3) a) and b) please if so

[Anonymous No.17613048]

>>17613033
Kill yourself and sell you dumb nigger!

[Anonymous No.17613051]

>>17613004
If my IQ is so low and your IQ is so high you would answer the questions.

[Anonymous No.17613052]

>>17611813
You should just drop all 50k on LINK. I have no idea why you're even asking about grabbing some LINK tokens - we can both tell there's something unique about Chainlink.

I've got all of my savings in LINK.

[Anonymous No.17613056]

>>17610444
>85% of link is owned by the top 20 wallets.

[Anonymous No.17613063]

>>17613033
So you did find the answers to 3 out of 4 questions?
Look hoarded buddy I'm sure you'll find the answer to 3 a) b) c)!

[Anonymous No.17613066]

>>17613051
our high IQ time is too valuable to answer such pleb-tier questions

[Anonymous No.17613068]

>>17613004
Oh, and a low IQ doesn't buy btc sub $5 but thats not the topic - answer the questions please anon

[Anonymous No.17613073]

>>17611733
>He a dumb discord tranny fudder. The same people who have very little money for investments. People who don’t understand economic market cycles.
>>17612021
>I bought now because I did research had no time to do it before
yo where you at son, please coach me about LINK,crypto and economic cycles.
>>17611967
and you went silent too, can you point me to the archives and show me those mind-opening threads?

>>17613033
20 LINK for that and 5 more additional questions

[Anonymous No.17613097]

>>17613073
Funnily enough you are the only one in this thread who sounds non biased and composed anon. I am not here to take sides but a lot of are basing future decisions likely on memes and dreams of making it. Do you have the answers to these?

[Anonymous No.17613098]

Top 300 baby checkem

[Anonymous No.17613143]

>>17610908
You absolute idiot

[Anonymous No.17613160]

>>17610482
>And believe me, LINK is just starting it’s ETH-like run
Absolute cringe

[Anonymous No.17613181]

>>17612968
>Who holds custody of the token and private keys? If that employee was to move company, what happens in that regard?
That can literally be answered with one week of any corporate experience. No low-level engineer or managment person would ever hold the key to anything, people in charge are also held accountable 1:1 by contract. SWIFT is explained through and through in warosu, IBM and hyperledger is just a reach and more if and how than anything, Microsoft is a reach and maybe even Sergey doesn't know how and if they will cooperate and integrate. Maybe for IBM and Micro is all about building the solutions together with another oracle, maybe, maybe maybe. I think BIG names would cooperate more on a official level to create something like freshly announced Magicbus aka BaselineProtocol , but to reach for "Microsoft will use smartcontracts through LINK to everything" is as futuristic as predicting flying cars in next 5 years.

Big companies can use LINK and crypto to get rid of backoffice and additional costs, but will they break long term contracts not only with employees but with other companies to do so ?

And that's the "risk" part of this investment.

[Anonymous No.17613202]

>>17611629
Yes it did. Literally went past $6 briefly. Nulinkers i swear....

[Anonymous No.17613261]

Why would you hold all your link in 1 wallet

Much better to split

I'm holding across 10 and multiple ledgers

[Anonymous No.17613299]

>>17613181
for example if Ebay would announce tomorrow with Chainlink
>smartcontract purchases delivery example
>nodes are getting images/videos of buyer opening the package
>confirming goods are okay
>funds unlocked from smartcontract to seller
>fees taken automatically

Sounds like paypal but with decentralized node operator really judging if buyer doesn't do shady shit and cancelling his payment on inferior PayPal.

But that takes PayPal fee away doesnt right
But that takes power away from Ebay and Ebay Buyer right
Ebay is all about money, customers buy shit, who cares about sellers, who cares about doing right.

it's just an example of example, there are probably 50 other ways to do this smartcontract, but nodes have to earn shit.

and for ebay maybe that would be more profitable, more futuristic etc.

But i hedge my bet that this shit would happen already, and would be tested, same with aliexpress.

But instead of nodes, they are still paying backoffice to resolve disputes right.

why is that.

[Anonymous No.17613422]

>>17612968
Link devs couldn't get the names of silver and gold right. Whole project is a scam about to explode. Really feel bad for the inves I mean bagholders' families when they find their little /an hero wolves of wallstreet.

[Anonymous No.17613437]

>>17613181
Appreciate your reply. As to my original thinking, I work corporate you can prob tell, but this, unfortunately, doesn't answer the question. I have sat in many a board room and senior executive teams are not yet comfortable with the idea of holding tokens on a balance sheet. I won't name the enterprise but that is the cold hard truth. Instead, they are forcing projects to pay for fees - again I won't name which one. A typical enterprise process for new vendors is anywhere from 12-24 months at an absolute minimum. As you have stated, breaking existing multi-year agreeement with current vendors in the risk of being a guinea pig pig to new technology is so inherently low its not worth discussing. I see it several times weekly already. Ethereum is a great example on people to estimate how long a technology such as link will take to become adopted, I anticipate we are 5-10 years until we see a fortune 100 enterprise running live customers on any decentralised oracle technology. One of the biggest blockchain related project in modern times is Blythe Masters implementation of a "private" blockchain for settlements on the ASX to replace CHESS, estimated for spring 2021. The project started in 2015, so the above timelines of 5-10 years for decentralised oracles is likely accurate to a degree. Now if it takes Blythe 6+ years someone who an enterprise respects greatly, then this is a best case, its rational to think about how long it would take a Fortune 100 CTO/CIO to read about LINK and have it replace their current systems.

"Begun in 2015, ASX plans on the new DLT-platform to be up and running by Spring 2021. As of now, 30 to 40 percent of the new platform is available to replace CHESS."

[Anonymous No.17613547]

>>17613299
why we still couple of years later don't have marketplace that has been widely spread and it's decentralized to even take 1% of ebay traffic with smartcontracts ?

is it because of DAO? people don't even need read past "50mil$ has been stolen from smarcontracts in 2016" headline and they are back on ebay/amazon laughing at this crypto ponzi.

while they goods are being delivered in oneday, they have full power of their money, and if something is not right they are protected by systems that work.

and they require people, which are not smartcontracted in those legacy systems.

they just work at the fuckin desk, probably a lot in india for a fraction of a dollar per hour.

now why would ebay/amazon risk switching and risking their position for smartcontracts, or why would i switch to equivalent buzzword decentralized marketplace.

same curry motherfucker will be sitting using node to solve dispute, same kung lao in shaghai.

but it will be decentralized !

[Anonymous No.17613591]

>>17612968
>4) tokenomics
Don’t worry about it. No one has an answer regarding this.

[Anonymous No.17613619]

>>17610482
>Just buy and dont sell. It worked for me. Most people would sell when they were up 10x. Not me cause I'm stupid. I'm like 10x is nice but 100x is better. 100x and i can quit my monkey job. But Link is even better. When we get to 1k eoy I'm gonna be at like 4000x. 4000x! I'm could buy a freaking plane. Not with my stacks but with my steakes. I figure staking 100k be like that. Probably not actually get a plane cause flying is scary but my RV will be nice. Gonna be awesome. Probably keep my house cause I like this place but definantly gonna get a sweet little hideaway up in the mountains watch it snow and junk. It doesnt snow here. Just hot as balls all summer but I love the beach. Got my eye on sweet little boat and I'm gonna name it The Stinky Link, maybe get some flames on the sides. Idk just spit ballin. Man I'm hungry for steaks now. Just buy link fellas. Gonna be awesome.

[Anonymous No.17613638]

>>17613437
>its rational to think about how long it would take a Fortune 100 CTO/CIO to read about LINK and have it replace their current systems.
It isn't going to take 5-10 years to integrate/onboard new systems, ubt+link+baseline is literally doing it right now.
>>17613547
I wanted to reply but can't understand your English

[Anonymous No.17613714]

>>17613437
hmm i think one guy was sim-swapped for 20Mil$ last year, with T-Mobile agent taking 4000$ from scammers to create new multiple SIM-s (that guy for 20 and other people), so that's that. Scott Melker on twitter was retweeting that video in last week.

crypto need to be insuranced like everything else, and there's a ton of other factors, your questions and other "ifs" of crypto will be answered in less than 12months imho

I think in a way that either we see some groundbreaking use/announcment that is being implemented/tested or was implemented/tested in the shadows or we will wait years like you said for fuckin "decentralized" copies of legacy systems that will work 15 years from now and i would not give a single fuck about crypto anymore.

[Anonymous No.17613769]

>>17613714
>>17613437
>https://twitter.com/LifesToughMedi1/status/1233382882607083520
you don't even need to hold balance sheet lmao

[Anonymous No.17613806]

>>17611024
Incorrect.
Pic related.

[Anonymous No.17613832]

>>17613769
one thing for sure, you won't steal 24MIL walking to a bank with the SIM card of the owner or calling to a bank and requesting 24MIL, you would end up straight in jail.

point for crypto, real world utility

[Anonymous No.17613873]

>>17610444
>Anyone listening to this dumb as fuck FUD dissuading you to buy LINK.
>Go to ethexplorer.io and search chainlink. You can find your bag position there. My bag is in the top 6700 compared to 105k I wallets effectively putting me in the 1% of LINK holders. Buy now or cry later.

It's pointless analysing it like that. I have 32000 link but it's spread between my ledger, metamask, forkdelta, idex, binance and coinbase. Also hundreds of anons just leave their links on binance

[Anonymous No.17614068]

and im out to continue reading a book about Golden State Killer by Michelle Mcnamara, fuck watching charts

stay strong and cross those fingers anons

i just love to shake and play around with newfags and cultists by playing devils advocate here.

just shows me who i am up against in this race, and for sure some of the people here are going to be very heavily schooled.

best of luck

[Anonymous No.17614222]

private blockchains are the future not publicly traded shitcoins. Thats IF blockchain tech isn't just a big meme

[Anonymous No.17614284]

>>17614222
You didn’t deserve those numbers

[Anonymous No.17614349]

>>17613873
Same as me, but there's no reason to think the distribution of link would be massively different from any other alt or ethereum. And the 3000th wallet has 3000 eth. It would probably be better to compare with the historical wallet data of ethereum before it took off. But as a rough comparison it's probably fine.

[Anonymous No.17614403]

>>17614349
Tfw poorfag ond only around wallet number 7000
I want to kill myself every day

[Anonymous No.17614438]

>>17614403
The rank 7000 eth wallet has 1071 eth. Just hodl.

[Anonymous No.17614459]

>>17614068
Hey I was working, (wagie) haha yes i know. Get help you schizo. I physically cringe at your responses.

[Anonymous No.17614478]

>>17614349
this, these dummies think saying "i have link on binance" is somehow invalidating anything.

[Anonymous No.17614552]

>>17610777
I’m sorry fudders but trips confirm

[Anonymous No.17614627]

>>17610444
Even if you believe in LINK, why would you want people buying the top before a healthy correction?

[Anonymous No.17614644]

>>17610777
Trips of truth

[Anonymous No.17614997]

>>17614627
I’m a fan of value based investing, I don’t see a difference in a few cents if I have a set mindset/price I envision LINK.

Essentially time in the market beats timing the market. What difference does a few cents make beside a few more tokens.

You have some schizos up here who think they’re hot shit right? They’ve been in this thing longer than any of us right? They also have the most heaviest of bags. It much easier to hold a decent bag now (1k-5k). vs their 10k+ bags, you would think many of them would hold on forever right, but alot will capitulate, they’ll take profit always happen, not to all but most. Check the archives there were anons who had 1k stacks of BTC.

Im in a perfectly fine position, I have a job that pays me well $88k, very easy, and path to growth. You think all of these anons have that? they’re tired they want to frantically cash out either through staking or through selling. Me i’m fine I consider this early, whatever money i put into LINK i’m fine, less than my annual bonus won’t break me.

[Anonymous No.17615105]

>>17614997
dude you just straight embarassing yourself itt , you got bodied above>>17612681 called out, and went radio silent. people who bought under 1usd can take massive profits,still be ahead of you in both holdings and research because you are 2 years late a d you have audacity to talk shit hahahaha

[Anonymous No.17615132]

>>17614997
i dunno dude you sound like a big time coper

[Anonymous No.17615166]

>>17610444
You have to consider exchange accounts, on the safe side assume you are more like 14,500 top holder.

[Anonymous No.17615172]

>>17612021
lmao most important post of op in this thread,anyone with a working brain and double digit iq understood Link on basic level after 10 min read. Stop bumping this shit thread, apart from >>17611874 this guy everyone else is basically a fag.s in all fields

[Anonymous No.17615197]

>>17612305
You don’t know what cycle means?

[Anonymous No.17615201]

>>17615166
he does consider exchange accounts, retard

[Anonymous No.17615710]

>>17612968
Shut the fuck up Joe Macaroni go back to Twitter.

[Anonymous No.17616048]

>>17613020
lol faggot