I just used my life savings to buy 17,500 LINK at $4.33

[Anonymous No.19549297]

What am I in for?

[Anonymous No.19549312]

>>19549297
losing 30% of your life savings in less than a month

[Anonymous No.19549313]

>>19549297
yikes

[Anonymous No.19549320]

pic related

[Anonymous No.19549323]

Holy shit you probably bought high. Hope youre right but god damn good luck man.

[Anonymous No.19549330]

[Anonymous No.19549348]

How does $17,500,000 sound?

[Anonymous No.19549355]

>>19549312
>>19549313
>>19549320
>>19549323
>>19549330
Wow, everyone is so confident of a dump. The chart looks good to me. Seems like it will break out to a new ATH soon.

>>19549348
Amazing

[Anonymous No.19549356]

>>19549297
how does 17 trillion dollars sound?

[Anonymous No.19549367]

Listen to your brain, research LINK

[Anonymous No.19549392]

>>19549297
Short term pain, being able to retire in 10 yrs or less in the long term.

[Anonymous No.19549406]

>>19549356
Unrealistic lol

>>19549367
I researched it extensively before buying. The recent NASDAQ partnership was the final straw for me. I had to take the plunge

[Anonymous No.19549421]

>>19549297
pain, a lot of pain

[Anonymous No.19549443]

>>19549392
>Short term pain
>>19549421
>pain, a lot of pain
It looks like it's about to break out into price discovery, honestly.

[Anonymous No.19549452]

>>19549406
>Nasdaq partnership

I havent heard this. Go onnnn.

[Anonymous No.19549464]

You dumb shit you buy link at $2 to $2.50 not its peak high at $4 enjoy the halvening of your life savings

[Anonymous No.19549473]

>>19549452
https://www.forbes.com/sites/jasonbrett/2020/06/04/accenture-ibm-microsoft-nasdaq-digital-asset-and-more-unveil-new-token-standards-association/#6a9116294cac

[Anonymous No.19549482]

In a few years OP will be sitting very pretty.

[Anonymous No.19549488]

>>19549464
>You dumb shit you buy link at $2 to $2.50
It is unironically never going below $4 ever again. FYI, They sell strong rope at Home Depot. Parachute cord from Amazon works well too.

[Anonymous No.19549518]

>>19549488
>It is unironically never going below $4 ever again. FYI, They sell strong rope at Home Depot. Parachute cord from Amazon works well too.
It'll be at $2.40 by July

[Anonymous No.19549546]

>>19549297
Never sell

[Anonymous No.19549561]

>>19549518
Cope. It will be $10 by July-August. You had 3 years

[Anonymous No.19549583]

>>19549443
>>19549392
At the current rate of his dumps Sergey can continue to dump 500k bags every 2 weeks for 23 years.
However the amount of his dumps decreased from 700k to 500k.
If Link reaches $10, he could reduce this amount to 200k for the same amount of $.
In this case he would be able to dump for 59 years.
And this is only if we count on his 300 millions of Link for development purposes.
If we had the other 350 millions his funds are technically unlimited for at least a century.

What this means is that Sergey has full control of Link, and he doesn't want to see a Link price bubble like with BTC as we can see from his previous actions the last time Link had a $4 price 1 year ago.
You should be prepared to be patient...

[Anonymous No.19549584]

>>19549443
>It looks like it's about to break out into price discovery, honestly.
I hope you're right fren, godspeed

[Anonymous No.19549600]

>>19549518

[Anonymous No.19549607]

>>19549313
>>19549355
damn bro. i'd wait to be up enough to cover fees and get out asap. put in maybe a couple thousand dollars maybe, especially if you're new to crypto.

[Anonymous No.19549616]

>>19549583
It's unironically different this time. Staking is imminent. The Golden Bull Run is imminent.

[Anonymous No.19549659]

>>19549607
>get out asap
I'm not selling until $1000 USD minimum.
Also, the chart looks bullish as fuck. If COVID-19 didn't happen, it would already be $7+ right now. People have gotten too complacent/comfortable with the swinging price. It's about to break out very soon. I can smell it, and it STINKS.

[Anonymous No.19549738]

>>19549616
Staking by itself is meaningless without customers who use it...
Looking at the ETH2 roadmap we can wait until 2021/2022 to get a proper ETH2 network which would allow a use by enough customers to have an effect on Link.
The big customers won't do more than a few experiments until all this is in a complete state and with proven safety/ time without incidents.
The 1k EOY probably won't happen before 2025.
We can only hope that BTC reaches a 1-2 trillion market cap and pulls Link with it in the short term.

[Anonymous No.19549773]

>>19549297
You make it during this bullrun.

>>19549659
>I'm not selling until $1000 USD minimum.
kek

[Anonymous No.19549832]

>>19549738
do we know how far smart contract coding architecture has come, that’s really the main component we still need and it’s mostly out of link’s hands

[Anonymous No.19549863]

>>19549738
>>19549832
So, I know that Vitalik "did not say July," but he also never said it's not happening in 2020. For all we know, we could see phase zero in in Q4.

[Anonymous No.19549873]

F

[Anonymous No.19549897]

>>19549738
I can't really disagree with any of this, but I would like to point out that ONE seems to be making gigantic waves and in light of recent news about ETH taking longer than imagined, I can see it gaining tremendous traction by the end of the year and possibly breaking out if moves like the DAI transition and the coinbase listing come to fruition.

I guess what I'm saying is I have a question for you:
What do you think the chances are that the powers that be use their FAANG machine to temper the crypto tech sphere via ONE, potentially causing it to flip ETH?

[Anonymous No.19549906]

>>19549832
>>19549863
According to the Consensys report, the last phase is in 2022

[Anonymous No.19549925]

>>19549906
When 0 comes out in Q3 2020, do you think ETH will outperform LINK?

[Anonymous No.19549929]

>>19549659
you're going to sell when your stack is worth $1000, screencap this

[Anonymous No.19549948]

>>19549929
No. Only when one individual token is worth $1000. And even then I probably won't sell. I think it has $10,000 potential in the long, long term. I will give my stack to my kiddos in that case.

[Anonymous No.19549977]

>>19549897
FAANG have a monopolistic situation.
They don't need to improve their competitiveness due to having the power to define their prices.
Also if they do a big attempt too openly like what Facebook did with Libra they will get attacked by the current power structure.

The ones who need smart contracts for the derivative market are not tech companies but insurance companies and banks.
They are slow to move and have a lot of money to buy something that works, which means they can afford to wait until a working solution is available and just buy it out.

[Anonymous No.19550042]

>>19549925
It's hard to make predictions on the future.
However ETH has a 15 times bigger market cap than Link at the moment, and it doesn't need a specific price to work as an insurance like Link.
The price increase potential for ETH is more limited than LINK and heavily relies on BTC's market cap.

[Anonymous No.19550044]

>>19549773
You sound like you know something, anon. Care to share with the class?

[Anonymous No.19550146]

>>19549977
Thanks for the high iq response.
Wouldn't it make sense to further entrench their monopolistic situation by co-opting the next big tech sector?
Also, wouldn't we assume that the people most competent to pull it off would be a group of people that are more or less the Avengers of Silicon Valley?

My suggestion isn't so much that they'd want to add another avenue for income, but to control the sector in order to trap and scare off new competitors.

Oh, and LifeLog's crypto didn't pan out because /ourguys/ knew what they'd use it for.
kek you didn't really think they were "just tech companies", did you?

I certainly enjoy your perspective though, anon. I'm glad for this insight.

[Anonymous No.19550173]

>>19550044
Damn those digits are puurrty, anon.
No, but, 100$ wouldn't surprise me during this cycle.
If you meant the second part, though, I just think it's funny that OP plans to wait five years to sell it when he could be making an absurd amount over the next few years in a multitude of ways.
Don't get me wrong, I'll keep some of my stacks until the next cycle is over, but not at least moving shit to stable coins to avoid the inevitable return to true pricing would be pretty dull of anon.

[Anonymous No.19550177]

>>19549297
A grueling life spent looking at geriatric birthmarks and prescribing balding men finasteride.

[Anonymous No.19550190]

>>19550177

[Anonymous No.19550226]

>>19550177
KEK!

>mfw

[Anonymous No.19550290]

just remember it takes years of discipline to hold to make it really worth while. if you can do that then you will make it... understanding LINK what it does and its place in society will make this hold alot easier... gl and do not panic sell

[Anonymous No.19550301]

>>19550146
That's what Link is.
It was started as a Swift extension project and to allow the banks to keep control over the next generation of open banking laws.
Investing in crypto is extremely risky, and banks are averse to high risk investments without a collateral.
They can't afford to inject billions into a project with a high risk of failing, and don't need to do this.

The way they will stay ahead of smaller players is by the amount of Link they possess.
There is a high probability a part of Sergey's Link reserves are already reserved by some of the banks for a fixed price.

[Anonymous No.19550322]

>>19549297
>he bought

[Anonymous No.19550365]

>>19550301
Which means if Chainlink and Harmony were to further their already ongoing relationship...

[Anonymous No.19550368]

>>19550146
Most of the latest big tech companies have been funded by the CIA and used different agencies technologies in their development to get to their monopolistic situation.
BTC was created as a counter to unlimited FIAT printing by the central banks and a way to limit their power.
If the hidden powers really wanted to Libra would already be in use.
According to their actions until now they don't want cryptos to get big enough to put at risk the $, and we may see some new actions from governments during the next bull run if the BTC market cap gets too big.

People who are competent to get things done for cryptos need 2 things: having an entrepreneur mindset and being free from regulations.
That's why Sergey's company is in the Cayman islands.
You won't get anything out of the Silicon Valley, or at least not from a big company who has to report to the government for their actions.

[Anonymous No.19550378]

a cup of coffee everyday for the next 50 years or so.

[Anonymous No.19550385]

>>19549297
>"Guys I just spent almost 100k on LINK can you tell me what's next"
>*10 posts later*
>"Let me tell you why you should be buying LINK"
Obvious shill is obvious. fuck off back to Discord, Rajeesh.

[Anonymous No.19550403]

>>19550385
Im not Rajeesh. Im just excited for the future

[Anonymous No.19550454]

>>19550368
You're an interesting guy, anon. Thanks for showing up.

Hey, do you think Ron Paul and POTUS know each other?

[Anonymous No.19550516]

>>19549297
You could have used your life savings to buy any difo deflationary coin dropping these days and hit a quick 5x in a couple hours. Many say link is going to moonshot sure but there's STA day 1 type action happening almost every day for the last week in something.

[Anonymous No.19550518]

>>19550368
Ok so wait your saying I need to hold link until 2025?! 5 fucking years?

[Anonymous No.19550531]

>>19550516
>put your life savings in my p&d bullshit set to dump whenever some sap takes the bait
no

[Anonymous No.19550537]

>>19550516
You cant put $75,000 in one of those shitcoins. Thats like more than their 24 hour volume lol

[Anonymous No.19550586]

>>19550301

Swift needs some uneducated and unqualified fat fuck to develop something


LOLOLOL FUCKING LMAO

[Anonymous No.19550598]

>>19550586
>uneducated and unqualified fat fuck
Sergey is Satoshi Nakamoto

[Anonymous No.19550640]

>>19550322
This image is hilarious mate

[Anonymous No.19550690]

>>19549330

[Anonymous No.19550702]

>>19550690
hahahah. perfect. fukken saved

[Anonymous No.19550876]

>>19549297
Larp. Nobody is that fucking smart

[Anonymous No.19550966]

>>19549355
>the chart looks good
Well look again it's literally dumping and 4.37 has been breached already

[Anonymous No.19550984]

>>19550966
Cope

[Anonymous No.19550994]

Damn I bought that much for 4K kek

[Anonymous No.19551027]

>>19550994
I almost did too but chickened out. How much did you end up buying in total?

[Anonymous No.19551278]

>>19549297
You'll be rich in 18 months

[Anonymous No.19551289]

>>19549297
>life savings to buy crypto
you may win, you may lose, you're a retard either way

[Anonymous No.19551306]

>>19550537
So? Flip 10 ETH into a hundred instead a few times.
>>19550531
Pump and dump scams can work for you if you don't get too greedy. When you're seeing double digit ROI after getting in early, sell and don't look back. Now you're the one doing the dumping and leaving the scammers holding bags.

[Anonymous No.19551308]

>>19550598

sure, Ivan

[Anonymous No.19551326]

>>19551306
>So? Flip 10 ETH into a hundred instead a few times.
I would if I was a NEET. Sadly I am a wagie and don't have time to babysit extremely volatile uniswap plays. More power to you if you can do it though.

[Anonymous No.19551395]

>>19551326
You have weekends don't you? Fuck even if you're playing with little money you can pull a few hundred/thousand dollars over the weekend smashing this shit.

[Anonymous No.19551413]

>>19549297
A world of hurt. If we get another bullrun smaller cap coins will pump infinitely harder. You should've bought tellor

[Anonymous No.19551415]

>>19549297
bolt up your windows. Dont want you jumping anon

[Anonymous No.19551417]

>>19549297
Take it back out you absurd monkey. Put in max 1/4. MAX.

[Anonymous No.19551451]

>>19549297
Well done anon
You’ve reached a crypto traders final form

[Anonymous No.19551596]

Congratulations. You'll be retired in 2 years

[Anonymous No.19551606]

>>19549297
if you long you will be fine.

[Anonymous No.19552697]

If you even put 1% of them on biz shitcoins posted daily, you’d end up with more money than 99% invested in LINK.

[Anonymous No.19552787]

>>19549297
Regret at knowing you could have had twice as much LINK if you could just conjure up a little bit of patience and not be a fomo ADD retard

[Anonymous No.19552867]

>>19549297
how does 2.5% of your live savings 5 years from now sound?