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/biz/ - Business & Finance


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18832632 No.18832632 [Reply] [Original]

That would mean people who loaded up in the early days would suddenly become billionaires or possibly even trillionaires, without really having done anything. It seems too unbelievable.

>> No.18832686

it's programmed to take over the entire value of fiat by default, so yes anon. you could of been blind the past 10 years and still would of made a million+ simply by buying and hodling.

>> No.18832691
File: 248 KB, 352x500, 21D733A6-4FDD-4A73-B2B1-404EEEC969AC.png [View same] [iqdb] [saucenao] [google]
18832691

>>18832632

Yeah that already happened retard, but 90% of people don’t hodl long enough for it to matter.

5-10,000 LINK will make you a multi millionaire in a few years but 95-99% of people will sell before they ever see that kind of profit. If you think iron hands is tough when you’re down try it when you’re an average person up 25k. 50, 250k and not selling.

It’s Herculean beyond imagination.

>> No.18832750

>>18832691
What if I just forget about my linkie bags while trading other coins?

>> No.18832756

>>18832632
yes. it's a simple math question and arriving at that answer requires you to understand what btc actually is and what its likely role is in the era of digital currency.

It'll be more like $4 million but it will take a decade to get there.

>> No.18832761

>>18832632
did you consider that someone who loaded at 5$ would already be more than happy to sell at 200$ not to mention that most of the early wallets are forever lost

>> No.18832763

>>18832632
No way, but 100k is very possible, 50k is more than likely.

>> No.18832793

>>18832756
It seems like this is too easy, escaping the wage cage is rare.

>> No.18832799

>>18832691
do you have the original image? ie the cool froggo without the chainstink faggotry

>> No.18832811

>>18832691
>5-10,000 LINK
no it fucking won't. lol. this shit is such a god damn meme.

>> No.18832817

>>18832793
currency turnovers like we are going through are rare, anon. you live in rare and interesting times - have you not noticed that yet? most people won't catch on until about 2024/2025.

>> No.18832832

>>18832632
>making millions for doing nothing
so, basically boomers?

>> No.18832867

>>18832817
Thanks Anon, that gave me some hope. This journey isn't going to be easy that's forsure.

>> No.18832877
File: 2.28 MB, 1247x937, EAAD7071-8121-4DDE-8272-D91614BE161A.gif [View same] [iqdb] [saucenao] [google]
18832877

>>18832811

LINK has the actual real world use case that Ethereum promised and at one time during peak bull 5-10,000 ETH made you a multimillionaire.

I really don’t know what more you need to know, or do you think the threads are just memes?

>> No.18832890

>>18832632
>Born to a billionaire dad

>> No.18832939

I don't consider market cap realistic. Try calculating taking orderbooks into account for how much you could actually sell all of a specific crypto in circulation.
You can't possibly sell 21 million-ish BTC for 9k. Average price would be much lower.

>> No.18832941

>>18832691
Lmfao. You want to be a millionaire? Just hold Bitcoin you unbelievable retard. Based on your post, you have $30-40K in link. If you keep it in link, you’ll end up having less than a Bitcoin in a few months. Actually just keep it in link, you don’t deserve wealth.

>> No.18832984

>>18832941
This

>> No.18833006

>>18832939
it's a matter of repricing all assets slowly into btc. as world currencies digitize various asset classes will find a need to reprice and large movements will occur in those times. Only around 2029 or so will the full picture be realized by most.

>> No.18833014

>>18832632
It will and people who bought in the beginning won’t hold till then but the ones who do will be the new Rockefeller’s
The dollar will crash its inevitable and everyone knows it the men at the top are trying to figure out a smooth transition where they can keep their wealth while keeping the masses calm and satisfied with the changeover. The last thing they want is riots they have are planning it now that’s why no one gives a fuck about the money printing they know it isn’t worth shit they just don’t want us to know befor they are able to swap their bags for top “dollar” into the government approved coin/coin’s.

>> No.18833021

>>18832941
Now THIS is based btc maximalist linkies absolutely btfo

>> No.18833037

>>18832632
>without really having done anything
being amongst the first people in the world to recognize a financial/technological revolution is more than a lot of the ultra rich have actually done in their lives.

>> No.18833066

Bitcoin is a zero use case shitcoin lmfao. Lol at muh currency meme. 7 TX/s is damn well going to replace fiat. Fucking dumbasses.

>> No.18833087

>>18832793
Only 800k wallet addresses in the entire world have at least 1 Bitcoin. And most of those addresses are the same person with multiple wallets. Only a handful of people have the balls and the financial solvency to buy and hold crypto.

>> No.18833111
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18833111

>>18832941

If I followed your advice and happened to catch the absolute bottom of BTC I’d be out 6x gains.

Also while BTC going to 100,000 is entirely plausible, believing BTC will see 1MM before LINK sees 1K is some serious mental gymnastics, especially considering BTC has nothing going for it outside of grandfathered “digital gold.”

To each there own I suppose.

>> No.18833142
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18833142

>>18832632

plenty of people have millions or billions of dollars right now without having done anything to earn it.

>> No.18833155

i’ve definitely seen these past four posts before…

>> No.18833171

>>18833111
I bet you think your post has some kind of power due to trips. It doesn’t. And thinking link could ever achieve $1000 is the real mental gymnastics. Honestly faggot, I feel sorry for you.

>> No.18833177
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18833177

>>18833155

That’s called synchronicity, or deja by.

It happens a lot when LINK is mentioned it seems.

>> No.18833187

>>18833142
She was a partner in his business

>> No.18833200
File: 315 KB, 720x876, 10k.jpg [View same] [iqdb] [saucenao] [google]
18833200

>>18833111
Fucking checked. Kek is here
>>18833171
DR;NS

>> No.18833203
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18833203

>>18833111
dude. bitcoin has at the very least being gold 2.0 going for it. no competition is trying to take away that title.

chainlink is just an oracle solution. there were attempts to solve that problem before chainlink, and many competitors have arisen after. their tech side is extremely weak, no great developers. the idea is also questionable, but even if it somehow becomes feasible, it will just be copied by teams with stronger affiliation to tech.

>> No.18833205
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18833205

>>18833171

I didn’t say anything of the sort now did I?

If you’re feeling unsure and need to cope that’s your business. You may want to start working on further coping mechanisms in general desu.

>> No.18833209

>>18833111
>>18833177
Fucking checked.

>> No.18833216
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18833216

>>18833177
>That’s called synchronicity, or deja by.
Checked. There it is again

>> No.18833217

>>18833187
ok roastie

>> No.18833231

>>18833205
Soon anon good luck. Whatever happens, remember suicide is never the answer.

>> No.18833237

>>18833014
>the men at the top are trying to figure out a smooth transition
why do you think they came up with bitcoin?

>> No.18833254

>>18833187

lol, i'm sure she sat in on many important meetings and chimed in once in awhile with some amazing insights that made her worth billions of dollars to the company.

>> No.18833256

>>18833231
>Soon anon good luck. Whatever happens, remember suicide is always an answer.
ftfy

>> No.18833264

>>18833203
i thought everyone knew LINK was a meme and people were just hyping it so try and cash out on a shitcoin moon?

>> No.18833271

Consider the fact that almost every single person on earth has heard the word bitcoin or has at some point heard it's supposed to be the world currency during the top of the bull run. These people were not sold then, and they are not going to be sold now. They have already made up their mind. Put yourself in their shoes. They see an asset that pumps and dumps, has a confusing value system, and it has a rabid fanbase of disillusioned poor neet ancaps that are relying on you to make them rich.

It's a tough sell. Bitcoin is basically a pushy timeshare salesman.

>> No.18833275
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18833275

>>18833231

Chainlink is an all or nothing game for me, and I’m sure it is for a large contingent of the faithful here.

Never selling isn’t something that we just say, it’s a life plan.

>> No.18833290
File: 107 KB, 1733x489, linkiesbtfo.png [View same] [iqdb] [saucenao] [google]
18833290

>>18833264
>everyone knew LINK was a meme
You really overestimate the average iq of a crypto investor. Every ICO buyer is in it to accumulate BTC/ETH yeah, but most late "investors" are absolutely clueless.

>> No.18833311

>>18833271
> hasn't read the NSA whitepaper
> doesn't understand the FED
> still uses boomer-tier 'logic'
> doesn't think about the digital revolution
It's fine anon, I'll take those BTC off you if your arms are tired.

>> No.18833315

>>18832632
bitcoin yes, BTC no

>> No.18833320

>>18833237
They didn’t but they know they fucked up the financial system and a new one is about to replace the old one and they don’t want to be the last man holding. They need to maintain power and in order to do that they need to maintain their wealth witch means being the first ones to transition Their wealth before all of their paper money becomes worthless but if normies realized this before they transition there won’t be enough time and since no one controllers Bitcoin they need to control the structure built on top of bitcoin

>> No.18833322
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18833322

>>18833290

Yeah it’s a meme fren you got it all figured out.

>> No.18833325
File: 1021 KB, 1462x2048, link.jpg [View same] [iqdb] [saucenao] [google]
18833325

>>18833111
This. Trips of Truth. Do not ignore this needle in the haystack piece of gold. LINK is the next great parabolic run and those who want more will do EVERYTHING POSSIBLE to get you to sell your LINK.

>> No.18833326
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18833326

>>18832793
That’s why people like you don’t become millionaires because you lack the critical thinking to think this through and instead you rely on some platitudes that you pull outta your ass

>> No.18833333

>>18833320
>since no one controllers Bitcoin
China does. Btc maxis are a joke at this point.

>> No.18833342
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18833342

>>18833333

Checked.

>> No.18833344
File: 782 KB, 666x721, 1588252701501.png [View same] [iqdb] [saucenao] [google]
18833344

>>18833333
Buy LINK

>> No.18833347

>>18833333
china is dead you imbecile

>> No.18833373
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18833373

>>18832632
if you bought 20% of apple when it was still just two dudes in a garage you would have been a multi billionaire by now without having done a god damn thing

>> No.18833374

>>18833333
>controls

if any one can seize that "control" back without having to ask or fight then they don't control shit.

>> No.18833431
File: 801 KB, 1125x902, btc_the_alt.png [View same] [iqdb] [saucenao] [google]
18833431

>>18833333
They were a joke a long time ago

>> No.18833519

>>18833333
Checked

>> No.18833647

>>18833200
:O

>> No.18833681

>>18833203
>but even if it somehow becomes feasible, it will just be copied by teams with stronger affiliation to tech.
not only that, the new oracles will just be the large financial players. who is the market going to trust? "JP Morgan Financial Information Services Oracle" or a fat guy named sergey that likes big macs?
link is fucked for 3 reasons: impossibility of linking real world info to blockchain in meaningful way, json parser, no name no clout.

>> No.18833696

>>18832632
crypto will take a giant shit next week

>> No.18833868
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18833868

>>18832877
>>18833066
>>18833111
>>18833155
>>18833177
>>18833200
>>18833322
>>18833333
>>18833344

Witnessed.

>> No.18834033
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18834033

>>18833333
>>18833344
Checked

>> No.18834095

>>18833216
>216
Anon...

>> No.18834149

>>18832632
>having vision and the courage of their convictions
>done nothing
Ok, boomer

>> No.18834523

>>18833254
She was probably supportive of him back in the 90's when he was just starting and looked unfuckable.

>> No.18834783

>>18832632
you realize for them to become trillionaires, the world needs to collectively purchase trillions in bitcoin first.

>> No.18834903
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18834903

>>18834095

>> No.18834926

>>18832750
smart thing to do. buy a ledger wallet. put your link on there. give it to somebody you really trust and tell them not to give it to you for 5 years. that way you won't be tempted to take profits early.

>> No.18835261

>>18832939
You also can’t buy 21M btc for $9k each, the average would be much higher. $9k is just the price the market arrives at for the currently traded volume.

>> No.18835399

>>18833271
You are spot on but I remember when the Internet was exactly that.

>> No.18835450

>>18833315
> bitcoin yes, btc no
Listen here you smug buffoon, I don’t even know if you mean bch or bsv.

>> No.18835861
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18835861

>>18833431
>Hearn and Andressen
lol how did that work out for them