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/biz/ - Business & Finance


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19483993 No.19483993 [Reply] [Original]

>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it
inb4: $1 million is not making it.
It may be not, but it is life changing money.
While I think that $1000 may be technically possible, given wide spread adoption happens, I can't believe that this really is the golden ticket for all groups I just named. After all there is not a single person on this board, that hasn't at least 1000 LINK at this point

>> No.19484006
File: 47 KB, 654x960, 70fbf3a5076b176fcd48d3e2b7194fcd.jpg [View same] [iqdb] [saucenao] [google]
19484006

>>19483993
> fat oracle man make anons rich

>> No.19484025

Just bought 1k link, you fucks successfully memed me into buying the top hope you're happy

>> No.19484026

trump is giving out 350k. why cant a retard like me allow to be rich?

>> No.19484032
File: 137 KB, 1024x564, Chainlink chart.jpg [View same] [iqdb] [saucenao] [google]
19484032

>>19483993
cope
>>19484006
hot

>> No.19484110
File: 191 KB, 1080x1350, 1551321673736.jpg [View same] [iqdb] [saucenao] [google]
19484110

> fat oracle man make anons rich

>> No.19484211

>>19484110
holy shit that's the hottest man I've ever seen

>> No.19484329

>>19483993
It's just the millennial version of the tech stock bullrun.

>> No.19485126

I would sell every link I own at $100
Try and stop me

>> No.19485287

>>19483993
Lots of retards had bitcoin early tho

>> No.19485511
File: 11 KB, 227x222, 75b4a9114fb4f02.jpg [View same] [iqdb] [saucenao] [google]
19485511

/g/ in 2011:
BITCOIN WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

/biz/ in 2016:
ETHEREUM WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

/biz/ in 2020:
LINK WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

>> No.19485709

>>19483993
>cant be x because everyone will make it
Nope. Everyone will sell on the bull trap or start scalping or day trading and lose most of it. The majority if people will fuck it up. Plenty of people had life changing amounts of bitcoin in their past but are still poor. Iron hands are rare.

>> No.19485737

>>19485709
It hurts so much anon

>> No.19485798

LINK will never make it because the tech is simply shit. I fully buttrape your entire arguments for a collateral system here
>>/biz/thread/S19402376

Chainlink is going to be a Ripple 2.0 where the network is used with no token at all
LINK is going to have virtually 0 usage. The only reason its going up is because simps are just discovering it and whales are getting ready to empty their bags. Every single thing you could think of why your bullshit collateral system is needed is addressed here
>>/biz/thread/S19402376

>> No.19485824

>>19485511
$1000 is a was spike due to tether fucking up (70 cents) you would know if linkies werent all 2018 newfags.
ETH is still garbage. All the news surrounding 2.0 is showing its more garbage than its ever been and the only counter is
>MUH 1ST MOVER ADVANTAGE

>> No.19485834

>>19483993
Your logic stinks. There's less than 160,000 Chainlink wallets. Most have a shit stack in them and are owned by the same people. But let's say all 160,000 wallet holders are individuals who instantly become millionaires if Link hits $1,000, big fucking deal, the US has 11 Million millionaires alone. Another 160,000 millionaires won't change shit.

>> No.19485848

>>19485824
ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value

>> No.19485873

>>19485848
Futre Oracle service provider here. I care about the economic well-being of those who use this indonesian basket weaving forum.
Link is absolutely useless, and is a scam. This is not a joke, a larp, or fud. It is the truth.

Imagine the issues about providing an oracle service using link.
1. To provide the oracle, you have to stake link.
2. If the oracle service is interrupted, you lose link.
3. The link is used to compensate the contract holders that were relying on the oracle.

Is this going to bode well for the oracle providers?
The contract holders that use the oracle will have an incentive to destroy or interrupt the oracle.
We know there are a million ways to hack networks, and that anything is hackable if the cost of the hack is outwieghed by the potential payoff.
The money that the oracle providers get from link is useless because it can be effected by a total loss caused by a single hack.

As a result, over time oracle providers will not use link. Oracles will literally be webservies provided in a jurisdiction that porotects them.
If you don't like it, you don't have to use them.
But you will.
No link!

>> No.19485884
File: 202 KB, 720x1560, Screenshot_20200602-200951_Cryptocom.jpg [View same] [iqdb] [saucenao] [google]
19485884

Never bought crypto b4. I might do it right now guys this seems like a good move.

>> No.19485949

>>19485834
You are so delusional. Link is useless.

>> No.19486184

>>19485873

Hmm new pasta FUD. You are an idiot and here is why. The contract holders ARE the node operators as well in many instances. Its a perfect positive feedback loop. Chainlink created an incentive that allows all major corporations to continue to compete but now all can massively profit on trustless data inputs and outputs. They want the automated system to reduce costs but still be secure. No single node operator that is also a contract holder will be able to game the system because aggregation of the same redundant data from 100's of nodes even for a single piece of data all from the same API. If you are a contract holder that is a node operator as well, it basically allows you to utilize the system's automation without paying anything. Infact due to the tokenomics and its positive feedback nature you will probably still profit greatly, in addition to the work force you can now lay off.

Company 1 is a Smart contract holder for automated derivates contract-Company 1 buys LINK to stake on their own node-Company 1 now earns more LINK from providing accurate data (job), trade executing as designed, and staking dividends from collateral. They then reinvest in more LINK to take higher value contracts from more collateral, while continuing to reduce circulating supply.

People truly can't grasp the potential value of LINK but I'm starting to think 81K in 6 years is actually possible

>> No.19486232

>>19485884
Kek those 1000 link were $100 at one point. Buy pnk and make real gains. Link train is on standby for some time. Imagine waiting for a 2x

>> No.19486240

>>19486232
How much pnk to make it?

>> No.19486262

>>19483993
Yeah I used to think those same things as well, until I learned money is non-discriminatory. Doesnt care who you are or what you do. It is completely indifferent to its dispatcher.

>> No.19486347

its pretty obvious. Sergey wouldn't sell it for 3 or 4 dollars or whatever if he thought it would be worth more.

>> No.19486505

>>19486184
1k eoy is actually fud. People say no way the marketcap would be huge. They dont understand how much is changing. Go back and read this again in robot voice. Now you get it?

>> No.19486660

>>19483993
OP is right. Even though I don't care about being rich, I'm holding about 1k LINK forever until it hits $1,000. Like not even memeing, I will sell a lot of LINK before that, but if this ever, EVER, gets around $1,000 per coin, I would be there with my $1,000,000.

But that can't happen to me and to many autistic faggots that are here. So maybe $30 is the top for the next bullrun.

>> No.19486687

>>19484006
I see a little asian dick in those panties
Thats a man

>> No.19486710

>>19486505
https://voca.ro/mRIZF9f0I52

>> No.19486729

imagine dropping 5 big ones on this scam.

>> No.19487091

>>19486184

>Company 1 is a Smart contract holder for automated derivates contract-Company 1 buys LINK to stake on their own node-Company 1 now earns more LINK from providing accurate data (job), trade executing as designed, and staking dividends from collateral. They then reinvest in more LINK to take higher value contracts from more collateral, while continuing to reduce circulating supply.

Company 1 goes bankrupt when counterparty of the smart contract pays russian hacker to hack and or interfere data sources, and Link they have put down is taken as a penalty.

>. Its a perfect positive feedback loop.
No, it's not, and you are fucking delusional. Can't believe how dumb people are.

>> No.19487179

>>19486710
Man that robot voice is so debbie downer. Maybe and some more Alexa or Australian female to spice things up.

>> No.19487235

OP are you implying I'm not gonna make it just because I'm a poor, jobless, low IQ person in Africa who browses 4chan all day?

>> No.19487260

>>19485848
It legitimately doesn’t matter if it’s spaghetti code anon

You know how many instances of grandfathers legacy are spaghetti code? SQL databases are often so disastrous people don’t dare touch them with comments such as
>I don’t know what this does but changing it breaks everything

>> No.19487268

>>19487091

You have no idea what you are talking about and jump to insults because you know it. Every single node will have insurance products/derivatives hedging their LINK collateral on the incredibly miniscule chance they provide wrong data.

Its absolutely a perfect positive feed back loop.

Companies will buy LINK to perform jobs (anything around facilitating the transfer or auditing data) to automate their labor force. No company will have ALL their LINK on one node.

They will have their own nodes to monetize their own data.
They will stake LINK as collateral to perform high value jobs.
They will reinvest LINK dividends to compound the previous points.
The last 2 points remove LINK from circulation, while all the points drive its value higher.

All parties are ironically incentivized to act honestly and will gain more from propagating the system instead of gaming it.

The system is virtually overunity. Its an asset you can purchase that gives business savings, new profit streams, and reduces circulatory supply all in one.

You don't need to FUD anymore its been 3 years

>> No.19487306

>>19485511
Dat 5year gap tho.

>> No.19487312

>>19483993
This. OP gets its.

>> No.19487336
File: 359 KB, 1024x768, 1590410958137.png [View same] [iqdb] [saucenao] [google]
19487336

Most of them are like you, op. They will sell after the first dump. When we go from $120 to $40 many of our dumber frens will think to themselves
>$40 is a lot more than $1k
>perfect time to market sell everything
They'll get life changing money and be able to buy a used Honda and go on with life constantly asking what the next link is. However, there will be no next link. This is it. It won't be easy but we've all already made it. The trick lies in not fucking up. I'm not selling until steaking and we blow past $1k,and even then I'm still not selling. I've come to realize it's not about the dollars. All that matters to me is chainlink.

>> No.19487340

>>19485126
please do, even at $101 I'll still be buying.

>> No.19487538

>>19485709
Iron hands are great- that is unless you thought btc was going to 40K in the last bullrun

>> No.19487827

>>19485511
Checked

>> No.19487838

>>19484032
How recent is that?

>> No.19488205

>>19487268
You deserve to lose everything.
Sorry for your loss.

>> No.19488225

To be fair I think most holders will sell in between 50 and 100 dollars regardless if Link hits $1k

>> No.19488250
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19488250

>>19484025
Ooh no no no

>> No.19488290

My friend who is a cryptocurrency trader said that there were many coins that went up to $3 and crashed to .25 like xrp. There were also coins that went to $10 and back under $1.

This coin is just going to follow that same path

>> No.19488292

>>19487538
>implying
iron hands on btc would be the people who literally mined it on their gaming PC in 2011 grossing 100 btc for shits, just like the eth miners in 2016 who spent $1200 on rigs to mine 300 eth.

if you'd mined 300 btc in 2010 and done nothing with it, you'd be a multimillionaire today.

if you'd mined 300 eth in 2016 and done nothing with it, you'd have $70k dollars. this is the same trajectory btc followed; 4 years after launch, BTC was worth ~$250.

if you buy 300 chainlink today, you'll have $70k in 2 years, and be a millionaire in 8.

>> No.19488325
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19488325

>>19484032
I am 25k+ and I am on top 1300. Where did 200 anons who used to hold 25k+ go?

>> No.19489040

>>19488292
how about pnk?

>> No.19489314

>>19485798
>too dumb to even link the post
Literally kill yourself you piece of shit

>> No.19489385

>>19487235
Yes

>> No.19489649

>>19487268
absolutely based scammers BFTO

>> No.19489688

>>19483993
INDUSTRY STANDARD
>1. https://www.ledgerinsights.com/jp-morgan-using-blockchain-network-to-automate-money-market-fund-payments/
>2. https://www.ledgerinsights.com/ibm-ing-microsoft-nasdaq-r3-token-standards-interwork-alliance/
>3. https://interwork.org/membership/members/
WE ARE ALL IN THIS TOGETHER
https://www.youtube.com/watch?v=yPYZpwSpKmA&t=52

>> No.19489702

>>19484032
Yeah, doesn't take exchanges into account so pretty much useless. Must be a lot of 1k-50k stacks on exchanges

>> No.19489716

>"even the biggest retards would make it"
So neets, retards, poorfags with a couple thousand dollars that bought BTC and ETH never made it?

>> No.19489737
File: 12 KB, 480x358, 13123131245.jpg [View same] [iqdb] [saucenao] [google]
19489737

>>19487091
Lookie what we have here, another trip tranny

>> No.19490007

>>19488225
I have 50k. Selling at $50 gives me 2.5mil. this is not enough so I will hold. If it goes back down and never goes up (not happening) I will miss out, but two million isn't enough.. so I may as well keep working. Does that make sense? Lucky for me it isn't doing at 50 and in not selling at 50. Even $100.. isn't really enough.

>> No.19490492

>>19490007
Your greed will lead to your destruction

>> No.19490531
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19490531

counter argument: There's even more retards that wouldn't make it like yourself so $1000 LINK EYO
.Stay poor fgt

>> No.19490568

>>19490007
see >>19490492
Link will go over $50 but if you don't atleast sell something on the way up you are setting things up to fuck yourself. I am sure you are not "chill" with losing 2.5mil.

>> No.19490575

where the hell would that much money even come from? who are the trillionaires you're expecting to soon empty their bank accounts to buy LINK??

>> No.19490663

>>19485511
Same could be said about Statera. Literally an index fund for crypto and people are fudding it to the ground kek

>> No.19490729

link’s mc is not going to reach 250 billion. I don’t know how any of you could possibly believe this shit.

>> No.19490748

>>19490575
The money doesn't have to exist, dingdong. You think derivatives and shit are all backed by pallets and pallets of cash laying up in the banks basement or something? The majority of money out there is just like any other money. It's all fake. Sell a few link for a million each and suddenly link is worth a whole lot of money. See how it works now? You ask such a fundamentally stupid question that shows you not only have no idea what link is, you don't even know what crypto, assets, or money is. Why do you think trillionaires would empty their bank accounts just because link exists? I mean it's already existed for a while now but exactly 0 trillionaires emptied their bank accounts as far as I know.

>> No.19490773

>>19490748
"it's all fake" means nothing other than to show the mental block you've put in place when trying to understand this simple concept. simply, the value of each coin is the total invested divided by the number of coins. stop having a seizure or whatever it is you're doing. for link to be valued at a grand, the market would have to be 1,000 multiplied the number of coins. and it never will be.

>> No.19490782

>>19483993
I like LINK, but i’ve recently sold my whole stack for other projects. Nothing against LINK, but these projects have a higher relative growth potential compared to the current (total) market cap of LINK.

>> No.19490798

>>19483993
it doesnt matter who buys it, if 1 billion africans bought 10$ worth of link it will be worth 500$

>> No.19490825

>>19490798
and what would a billion africans do with LINK? lol. infact what would anyone do with it? you either have trillionaire investors or you explain to me what use a billion africans have for chainlink. neither is ever going to happen

>> No.19491216

>>19490773
That's just not how it works. I don't know how else to explain something this basic to you. Stop having a seizure over it.

>> No.19491219

>>19488205
You're going to need to better than "russian hackers will steal all the link" if you want me to sell even a single Link.

>> No.19491269

>>19491216
lol, it is how it works, it simply is

>> No.19491337

>>19491269
No, it isn't. You're literally the only person in the world stupid enough to think that. You have a loooooot of learning to do get off here and hit the library, kid.

>> No.19491391

>>19491337
WELL THEN TELL ME WHAT DOES DICTATE VALUE?? you're saying nothing anon, lol, if not the VALUE of each coin depending on the MONEY available in that market, then what, are some coins worth more than others? what the hell are you even saying?

VALUE = MCAP DIVIDED BY NUMBER OF COINS. JESUS CHRIST WHAT ELSE WOULD IT BE?

>> No.19491460

>>19491391
Changing the subject now? Sometimes it works but you are too obvious here. At this point I think you're playing stupid on purpose. I sincerely hope no one out there is honestly like this. It's hard to believe but stranger things have happened so who knows.

>> No.19491475

>>19483993
>industries won't adopt this massive cost cutting measure because of my sense of personal incredulity and it's not fair i bought in at $4
ftfy
S and H

>> No.19491505

>>19491460
yes alright anon. i mean honestly i'm embarrassed for you. if the linkholder's philosophy is "it'll be worth 1000 dollars but i don't know how value is calculated and i'm taking it on faith", then fucking lol. embarrassing.

>> No.19491511

>>19488292
I was solo mining right at the beginning. Mining with a gaming PC in 2010, no way 300 btc. Maybe like 1-5 every week but got harder as the difficulty went up.

>> No.19491518

>>19491460
that was the exact same subject you absolute weirdo. look you're either a child, insane or that tranny poster, either way you're totally fucking impossible, christ give me strength.

>> No.19491545

>>19483993
Now i wish ibought link when the hype was going. I will never be rich. Fucking dammit

>> No.19491571

>>19487268

This is all bullshit. No actual real company will start using this shittoken. Name one real company that will start using this shit because it can reduce costs significantly. Just one.

tldr; you can't

>> No.19491596

>>19491571
don't even bother, all you'll get in response is something along the lines of "link works in mysterious ways". they're beyond pitiful at this point.

>> No.19491830

>>19491571
cute

>> No.19491853

>>19491571
Lol links BTFO
>proceeds to put head in the sand

>> No.19491942

>>19490773
>the value of each coin is the total invested divided by the number of coins
Fucking lmao this is on the same level of retardation as "I have to actually have a buyer before I can sell on Binance?".

>> No.19491958
File: 157 KB, 1607x827, google cloud chainlink link tokens.png [View same] [iqdb] [saucenao] [google]
19491958

>>19491571
>>19491596

>> No.19492037

>>19483993
Acually link will go way beyond 1k and neets wont get rich because msot of you retards will sell before
So you theory is retarded its liek saying btc will never be over 5$ because all 100k early mines would make it

>> No.19492091

>>19491571
I'm so glad you will die poor

>> No.19492119

>>19491571
The whole defi space does and thats getting realer by the day

>> No.19492208

>>19491942
WHAT

DOES

DICTATE

VALUE

THEN

YOU

FUCKING

MORON

MONKEY

CUNT???


FUUUUUUUUUUUUUCK


fuck all of these threads, you are literally fucking retards, impossible fucking retards

>> No.19492275

>>19492208
>WHAT
>
>DOES
>
>DICTATE
>
>VALUE
>
>THEN

Supply and demand.

>> No.19492349

>>19492275
yes, which is an expression of what? market cap.

TELL ME HOW TO SELL ONE COIN FOR 1 THOUSAND DOLLARS IF IT IS NOT WORTH 1 THOUSAND DOLLARS. WHERE DOES THIS FUCKING VALUE COME FROM YOU DEMENTED CUNT? THE AMOUNT OF MONEY INVESTED DIVIDED BY THE NUMBER OF COINS. FUCKING WHAT IS WRONG WITH YOU MORONS

>> No.19492351

>>19492037
>What is the concept of total marketcap

>> No.19492363

>>19492208

frankly, you dont deserve stinkies

>> No.19492367

>>19492349
>yes, which is an expression of what? market cap.
And what determines market cap?

>> No.19492513
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19492513

>>19492349
>THE AMOUNT OF MONEY INVESTED DIVIDED BY THE NUMBER OF COINS
HAHA! Look at this retard and laugh!

>> No.19492530

>>19492513
this shows marketshare not value of coin
fucking stupid people

>> No.19492886

>>19492351
>He fell for mc meme

>> No.19493046
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19493046

>>19483993
2016 anon here. Same was said about Ethereum. Things were even more gloomy after the DAO hack when ETH bled for half a year. The FUD was extreme. Anons tried to convince me it was never going to make a new ATH.

But I had conviction, much like many of the early chainlink anons here have. Can you imagine how smug I felt when ETH was $400 less than half a year later?

The moral of the story is if you have a vision, don't let anyone sway you from it. I can't tell you if Chainlink is going to $1000 or whatnot, but I'm holding a bag myself. If I had to guess, I would say Chainlink will be 3rd overall in market cap by 2022. Never let the FUD get to you anons. You will make it.

>> No.19493063

>tfw I only have 300 link

Bought most at .90. I'll be lucky to have 500 before the golden bullrun.

>> No.19493159

>>19493063
Wtf anon?
Are you some poor third worlder, or what went wrong?

>> No.19493188

>>19493046
I only hold 3500 LINK
I hope it's enough to become a millionaire from it

>> No.19493294
File: 117 KB, 1200x628, buybtc.jpg [View same] [iqdb] [saucenao] [google]
19493294

>>19493188
Let me tell you anons something, an oldfag secret.
Back in 2016, there was the same kind of sentiment as we had today. "We'll never get a bullrun like 2013 again, there's no more dumb money, the valuations would be insane if we went to new ATHs, etc".

Well 2017 happened and they were all proven wrong. The same cycle repeats today. People underestimate how small crypto still is relative to other global markets. Sure, 2017 was fueled by normies, but only by a small % of the investing population. Also, we had barely any institutions back then.

This time around, we'll see an even larger influx of normies into bitcoin and alts once BTC eventually passes $20k and the mania begins again. We'll also see institutions finally jumping on board (thanks to regulation and normalization of BTC by people like Paul Tudor Jones) once it's an obvious bull market and there's easy money to be made. It's all just one market cycle. Sure, things still down 95% probably won't go to new ATHs, but the few good alts that aren't down so much will explode.

I witnessed 2017 and I genuinely believe that the next bullrun will be even larger. Tldr, you will probably make it anon.

>> No.19493324

>>19483993
obviously it will never reach $1000 and anyone who actually believes it will is an idiot 100% confirmed.
The tech is impressive, but not $1 trillion market cap impressive

>> No.19493390

>>19493159
I was a lot poorer in Jan 2018 when I first heard of Link, put about $200 in it. Then after the big crash I completely forgot about it. Found $1000 in my walllet in March and realized how much more I could have had if I kept putting more in it. Oh well, thankful for what I got and I will be putting a small amount of dough in it weekly to see if I can get to 500. Not everyone is meant to make it but $1000 link would certainly change even my life.

>> No.19493412

>>19483993
for link to make it in any sense, the revolution of crypto becoming a real currency would have to happen. Ironically if link made it, every crypto would make it, crypto rises and falls together

so far every indicator of this happening tells you otherwise, the facts are not in your favor - people today are using crypto as a currency LESS, not more

as you say everyone would make it, but beyond that the entire financial system would be flipped upside down, the amount of fortunes that would be flipped on their heads and vice versa would be unprecedented - again, every metric points against this. There's no reason the entire financial paradigm would decide to buy your bag

the further we distance ourself from a threat of some sort of global financial catastrophe scenario, the more threads like this will die out. People will forego more of the fantasy scenarios and become more attuned to the reality of the situation

>> No.19493421

>>19491958
Nice diagram. Means fuck all. VC from Sillicon Valley and the guys at Wall Street are ready to fill your anus with it's 3rd load since you missed out on BTC. Lubricate m8

>> No.19493482

I don't understand this thing. What does Link do? Who needs it? Why anyone should expect its' price to reach 1000$?

>> No.19493488

>>19493421
>Nice diagram
I'll let Google Cloud know.

>> No.19493818

>>19493488
Exact statements XRP holders were using.
Partnerships and roadmaps don't matter when the most basic fundamental problem to your fantasy exists - crypto is not used as a currency. Normies don't want to be paid or pay in link or eth or whatever.

>> No.19493859

>>19493818
>Exact statements XRP holders were using.
XRP has a face-melting moon.

>Normies don't want to be paid or pay in link or eth or whatever.
With oracle-based smart contracts, chances are they'll never know they used a token.

>> No.19493886

>>19493412
>for link to make it in any sense, the revolution of crypto becoming a real currency would have to happen
One of the absolute most basic use cases for oracles is to allow fiat-to-crypto.

The very first words in your little blog show how ignorant you are.

>> No.19493995

>>19493412
lurk more newfag

>> No.19494028

>>19489688
Based Dubs.

>> No.19494030

>>19493859
>XRP has a face-melting moon.
XRP has the most horrific chart I've ever seen. And it's also another example of why a non-stable coin can't be used as some sort of reserve currency/stable asset. The volatility is not only impractical, it's sheer lunacy. The holders may be "decentralized' in some sort of theoretical sense, but finance wants to know EXACTLY where the money is, and don't give a FUCK about your decentralization dream. In fact institutions prefer centralized, why give up financial control simply to save on fees or processing times - the risk/reward is absurd.

>With oracle-based smart contracts, chances are they'll never know they used a token.
Then why bother with blockchain at all. A smart contract is essentially lines of code. There is software perfectly capable of executing decisions based on conditions that can exist mutually exclusive to blockchain technology. Blockchain is one extra step, the step that dips its toe in the most volatile market to ever exist. Furthermore, finance can create bespoke blockchains themselves if they really see meaningful use case.

>> No.19494053

>>19494030
>Then why bother with blockchain at all.
Oh I dunno anon.
Ask all the biggest financial and tech companies in the world actively pursuing things like smart contracts more than ever before.

God damn you're dumb.

>> No.19494258

>>19493886
>fiat-to-crypto
Sure. And how does one transfer fiat to crypto? This implies that crypto will now be exchanged as a currency. Something that never saw inception and is decreasing. You're going down the same road XRP holders did.

XRP thought it was going to be used as a currency, it's faster, cheaper etc.
Yes in theory. But the financial paradigm has to change completely.

LINK thought it was going to be the bridge connecting crytpo to traditional finance.
Yes in theory. But the financial paradigm has to change completely.

It's a matter of probability and you're asking a lot of the financial world. You're asking the (truly) wealthy power brokers to put money on cryptocurrency. Absurd untold amounts of fortunes would be made and lost. Redistributions of wealth on a maniacal scale. How many concrete reasons weigh against the dream of the 1000x?

>> No.19494282

>>19494258
>Sure. And how does one transfer fiat to crypto?
lmao

>> No.19494364

>>19490568
Fuck off faggot, we're not selling.

>> No.19494554

>>19492349
Same way you can sell a btc for $10k even if you don’t personally believe it’s worth $10k. Somebody was willing to pay that much for it, so it’s worth that much.

>> No.19494559

>>19493482
try reading sometime. or watching a video. link is not just an erc20 token.

>> No.19494580

>>19494053
>Ask all the biggest financial and tech companies in the world actively pursuing things like smart contracts more than ever before.

This refutes your own point. These partnerships are the reason crypto's see hype and investment, and is why crypto survives. But when was the last time YOU used crypto to buy anything? When was the last time anyone used crypto in any manner aside from as a speculative investment? Not in theory, in the real world. Again, look at XRP, is there a bank they don't have a partnership with at this point. Yes, crypto has partnerships with every industry imaginable. Crypto lives and breathes on hype - not reality.

Partnerships don't matter if there is no use. Investing in crypto isn't investing in reality, it's investing in the dream of crypto. No one wants to look at the history of crypto however or the modern day use of crypto.

>> No.19494626

Even at $100 I would be already making it, I only have 2,000 link, but 1 dollar turns to $5.50 in my local currency, 2k link around the $80-$100 price range, I would have between $800.000 or 1M, enough to escape poverty forever.
I'm still buying, hoping I can get to 4k link, so I can get out if link ever gets to $50, 1M is life changing money, I heard many guys say that your first million is your hardest one, but once you get past that and actually invest that money wisely, life becomes much easier, getting to 2M is a joke compared to the first 1M.

>> No.19494663

>>19491571
At this point why do you guys even try to explain shit to nolinkers?

>> No.19494737

>>19485709
only have 14k of my 50k link left

lost 10 btc gambling on futures

stil kinda comfy with my stack, never selling

>> No.19494811

>>19491571
>>19491596

We get a new integration almost literally everyday? The most recent use case involving names like IBM, Microsoft, Nasdaq. The transfer of tokenized value. I wonder how they will do that. We must be getting close to a big move, the LINK FUD is getting aggressive and not even based on a poor attempt to refute the fundamentals like usual. Its just all insults and threats. Lol

>> No.19495493

>>19494580
>This refutes your own point. These partnerships are the reason crypto's see hype and investment, and is why crypto survives. But when was the last time YOU used crypto to buy anything?
>Partnerships don't matter if there is no use.
Hundreds of millions of regular people's money is being processed through Chainlink right now.

And how the fuck does this refute my point?
The end users of the biggest financial and tech companies in the world are always regular people.

You absolute dumbass.

>> No.19495506

too long
didnt read
never selling

>> No.19495711

>>19494737
Larp
Anyone who lost 36k link and can’t afford to or hasn’t bought back their original position would not be okay

>> No.19497002

>>19483993
unironically people have said the same shit about BTC, ETH

>> No.19497102

>>19490773
Market cap is not actually the value of the entire network. It is a mostly meaningless metric.

>> No.19497197

>>19483993
Not many people even own link. If 20k people became millionaires overnight the world wouldn’t even notice. It wouldn’t even be blip. Do you know how much money is in the world.

>> No.19497261

>>19491391
Value is how much someone is willing to spend for that share, that's it

>> No.19497377

>>19497197
This.
OP is acting like a million dollars is even a lot of money. It isn't. Tens of thousands of early btc adopters and darknet drug dealers became millionaires because of bitcoin price explosion.
And guess what? That million dollars can go a lot faster than you think it will. If you're smart enough you can make it last into retirement, but most people will probably blow it in 10 years, which is the equivalent of someone having a 100k salary. Which tons of fucking people have.

Not even a blip.

>> No.19497967

LINK is gonna be $100 at least, but theres small tokens with much more potencial, look at this gem: MINDS

MINDS = Facebook on Ethereum It's on Uniswap, GO GO GO!!

This gonna be the next 100X moon riser, and it hasn't even started...

Long Story Short: Ethereum-based social network Minds now has 2.5 million users

- Few days ago Vitalik was calling for an Alternative Decentralised Social Media, in the decrypt article
(https://decrypt.co/30290/vitalik-buterin-trump-twitter-clash-need-alternative)) they give some hints and they first mention MINDS: "Meanwhile, crypto-based social media platform Minds is also reportedly growing its user base"

- Then decrypt posted some follow up in this article, since this is a parabolic growth in their use base:
"Ethereum-based social network Minds now has 2.5 million users" (https://decrypt.co/30386/ethereum-based-social-network-minds-now-has-2-5-million-users))

- Until last week, MINDS had absolutely no liquidity on Uniswap because no one wants to sell their tokens, right now theres a few tokens available on Uniswap:
https://v1.uniswap.exchange/swap/0xb26631c6dda06ad89b93c71400d25692de89c068

Don't wait too long folks grab some while you can, because theres not much available!

>> No.19498084

>>19497377
>OP is acting like a million dollars is even a lot of money
It is.
Basically 10 years of work all saved up.
If you put this money to work, and move to a cheap area, you are way ahead of the curve. It is no fuck you money. But it definetly is life changing.
Only a retard would think otherwise or start consooming like a nigger with it

>> No.19498183

>>19484032
that's not really accurate, i alone have 20k spread across five wallets

>> No.19498416
File: 18 KB, 459x36, Screenshot_154.png [View same] [iqdb] [saucenao] [google]
19498416

>>19483993

>> No.19499371

>>19487336
Extremely based post. So many anons will sell under $100 thinking they made it. Just like many did with ethereum.

>> No.19499848

>>19498416
Trollbox post of peace.

>> No.19500243

>>19485848
based spaghetti code poster.

>> No.19500466

>>19487336
I’ll always have 10k link idk if it’s worth 0 in a decade. I want to see what it’ll be worth in 2030.

>> No.19500501

>>19483993
>even the biggest retards would make it
False. They're no linkers, swingers or early sellers.
/thread

>> No.19500510

>>19494580
you're stupid, you don't get it. people are using link right now to pay for price feeds

>> No.19500647

>>19486184
>People truly can't grasp the potential value of LINK but I'm starting to think 81K in 6 years is actually possible
Alright you’re fucking retarded great post then went full psycho kek

>> No.19500874

>>19490773
Market cap is useful only to compare different assets in an asset class, but as many anons have already said, it has nothing to do with the "value" of the coin or "how much money" has gone into the coin.

Look at it this way: Suppose a token with a circulation of 1b units was listed now, and it traded for $1 for exactly one day (flat, with no price movement to simplify the explanation). What is the market cap after the first trading day? $1b. How much money has gone into the coin? (Daily volume*$1).

Market cap is not "money in the market". Market cap is the valuation of 100% of the asset *AT THE LAST TRADED PRICE*. It's a completely hypothetical metric.

>> No.19500947

Thanks just added more

>> No.19501050

>>19500647
I'm not saying it will happen, I'm just saying that the tokenomics could allow for it and easily too once the network is saturated with high amounts of use. The price will have to be ridiculously high to be sufficient collateral for contracts executing value in the billions. Couple that with LINK being continously being removed from circulation in order to take on higher value contracts and to get further cost savings from automation a potential feedback loop of seemingly impossible proportions could occur. Once data is fully monetized LINK will be the best investment of the decade for costs savings from automation, new monetizations streams from APIs, circulatory supply constantly being lowered for higher reputation, and dividends being reinvested to compound all of the above.

Seriously 5 digit LINK is easily doable. As someone else said, the Trillionaire class will be born in this industrial revolution, although some families already have that with combined networth.

>> No.19501195
File: 75 KB, 859x737, 1571719467959.jpg [View same] [iqdb] [saucenao] [google]
19501195

>>19485511
Checked and based

>> No.19501525

>>19493818
>what is internet, money, credit cards
I bet you the same type of things were said when electronic payments and credit cards were introduced.
I would also bet that the same thing the newspapers were saying about the internet news
stay poor

>> No.19501859

>>19493818

LINK will facilitate the transfers of ALL currencies crypto or fiat. 10 years from when LINK is the middleware being used to resolve all data executions people still won't understand how its done. Nothing will be bought with LINK except for data itself. I still can't figure out if this people are FUDing or literally still don't understand LINK's purpose even after 3 years.

>> No.19502071

>>19483993
der urheber dieses beitrags ist eine schwuchtel

>> No.19502188

>>19489688
checked

>> No.19503035

>>19494258
it's pretty clear you have no idea what link actually does. reminder that almost all of us got in <1$ and no one gives a fuck what you and your reddit spacing think

>> No.19503078

>>19497967
fuck off pageesh

>> No.19503330
File: 283 KB, 1000x518, tumblr_inline_o3lkmycps71skgvyz_1280.jpg [View same] [iqdb] [saucenao] [google]
19503330

>>19483993
>$70k in 2 years

ME WITH LINK | YOU WITH NO-LINK

>> No.19503740

>>19485511
>>19483993
LINK could easily hit $1,000, the fact of the matter is most anons will probably sell early, leading to not everyone “making it.”

LINK is either a make it or break it project, if implemented to it’s full potential $1,000 is FUD. If it fails, could be worth nothing. I’m betting that Oracle, Google Cloud, the Bill and Melinda Gates foundation, and the “angel investors” that invested in Uber early are correct. They could be wrong, but I absolutely believe in the project.

There are people here that said Chainlink would never break $1, soooo who knows.

>> No.19503764

>>19503740
When do we know if LINK made it or not?

>> No.19503913

>>19485511
GOLD reply