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/biz/ - Business & Finance


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File: 507 KB, 2280x1080, Screenshot_20200626-114010_Binance.jpg [View same] [iqdb] [saucenao] [google]
19955181 No.19955181 [Reply] [Original]

LOOK AT IT. WHEN THIS STARTS TO MOVE 100 IS FUD. HAHAHA EVEN LINKLETS WILL MAKE IT LIKE WTF HOW DOES ANYONE JUSTIFY HOLDING ANYTHING OTHER THAN LINK I DO NOT UNDERSTAND HAHAHA

>> No.19955225

>>19955181

linklet cope

anything under 1000 and you better scramble to invest anything possible asap, jut so you might get 300k or so by the end.

10k is the real minimum tho

>> No.19955254

>>19955225
10k is make it 100k is fu money

>> No.19955272

>>19955225
I have well over that homo I'm asking how anyone could justify holding anything else. That is the best chart that the crypto space has ever seen and it has not even started its truly parabolic trend.

>> No.19955273

>>19955181
And this monthly close is critical AF if we csn close above 50k ayayay caramba

>> No.19955280

>>19955181
Please no, I only have 1.5k. I need more time. I didn't have 3 years, I had less than 1 and I am dirt poor. NOOOOOOOOOO.

>> No.19955314
File: 334 KB, 1516x930, 723397DE-DAE6-403F-8256-4E945C6255FC.png [View same] [iqdb] [saucenao] [google]
19955314

>>19955225
I know you don’t any LINK you fucker.

>> No.19955327

>>19955181
Except it was 4.95 just days ago it’s literally crashing as we speak

>> No.19955370

>>19955327
>low time preference
Ngmi

>> No.19955398

>>19955370
High!!!!

>> No.19955414
File: 92 KB, 1283x1199, 1584216020569.jpg [View same] [iqdb] [saucenao] [google]
19955414

>>19955273

>> No.19955596

>>19955327
Yeah, I wonder why.

>> No.19955622
File: 99 KB, 408x672, link near ath btc reaction.png [View same] [iqdb] [saucenao] [google]
19955622

>>19955327
>>19955596
Except I know why.
Somehow, BTC managed to magically dump again to keep Link from easily breaching the $5 ATH.

>> No.19955632

>>19955314

those numbers always assumed $1000 which is deluded.

$300 is likely and even hitting 500 dollars is a fucking miracle.
maybe in like 15-20 years 1000$ is possible but basing the number of linkies on that long from now is stupid. just as deluded as pajeets with 0.21 BTC saying they will make it when BTC reaches 1 million each.

>> No.19955664

>>19955632
BTC is a shitcoin. Chainlink is the God protocol. Learn to tell the difference, it will make you rich.

>> No.19955668

>>19955632
You retards have been moving your goal posts every year since 2017.

>> No.19955750
File: 137 KB, 1489x1242, 7777777.jpg [View same] [iqdb] [saucenao] [google]
19955750

>>19955668

stay deluded. I had a 10k stack for years, and wasn't ever gonna buy any above $1 but i bought an extra 10k since January just because i realised that waiting for 1k is deluded and its the linklet twitter normies strategy.

I have just under 20k now and if it reaches $300 then i'll have a very comfy amount to cash out and live off of. Not buying more because i think 6MM is just enough.

>> No.19955771

>>19955668
it has and always will be 1k eoy

>> No.19955781

>>19955181
>buying the top
kek

>> No.19955837

>>19955668
It is 1k. It will reach 1k, and you will buy back in at 600 when you sell at 300.

>> No.19955861

>>19955837

nope. i wont need to buy back. Plenty of others wont need to wait for 1k to make it either. this will put huge sell pressure at intervals like 100$, 300$, 500$ etc when people with 50k-250k stacks can sell off way before twitter link shrimps to make it.

>> No.19955881

>>19955837
Reading comprehension not great huh?

>> No.19955900

>>19955861
Bunch of high time preference guys made it off BTC at 100. Did not stop it from going to 20k.

>> No.19955917

>>19955861
Weak hands will leave the market, I personally will not sell any until 2025.

>> No.19955920

>>19955181
what does linklet mean to you?

>> No.19955923

>>19955900

Didn't say it cant reach $1000. I'm saying, you'll be waiting 10-20 years for it.
sure people with 200 link have no choice but to do that, but having 10k-20k means you wont have to.
people expecting 1000$ within 5 years are fuckign deluded and will have to endure some insane crashes from points like 300$

>> No.19955954

>>19955861
Hardly anyone has that much, and those who do aren't retarded enough to dump their whole stack at baby's first pump.

>> No.19956042

>>19955954
/biz/ has a high concentration of guys with those stacks, but in general, basically nobody does in the grand scheme of things. By the time we're mega pumping there will be normie FOMO'ers and 1k stack will be seen as an absolute whale.

>> No.19956056

>>19955750
>very comfy amount to cash out and live off of.
Spoken like a true nu linklet bitch. Imagine selling your links instead of staking it forever

>> No.19956060

>>19955954

its a disproportionately large amount/ doesn't matter how few people have it, it will move the market.
The only reason someone with 100K wouldn't cash out loads at 300$ would be liquidity reasons. people are not in it for the tech, they are greedy and will want their $30,000,000, and likely wont see the point in waiting for it to go higher becase at that point it's already insane money which means you can invest it further or literally live off it for generations even if you were a retard and kept it in a bank.
There are enough people with a lot of Link hat it will certainly effect the market.

Shit i remember when anons were talking about 1 million Link sell walls on Binance etc, now days anons talk about sell walls of 75K and get worried, which is today's equivalent. at 100$ + even a 10k wall will be enough to move the market when they sell

>> No.19956078

>>19955923
Absolute brainlet tier arguement. If you could predict prices that accurately you wouldn’t be here. You’d be on wallstreet getting your dick sucked by 5 interns.

>> No.19956082

>>19956056

Why would i stake it? I dont give a shit.
If i invested 6MM into real estate and stocks i could get like a 300KUSD income a year even accounting for adding a small amount to the principal to beat inflation.
I dont give a fuck about staking.

>> No.19956122

>>19955954
>those who do aren't retarded enough to dump their whole stack at baby's first pump.
That's the thing. We've all seen just how insane crypto can pump. I can understand if you've got responsibilities like a family or just want to be done with the whole thing, but to think that every 50k+ holder is going to sell their entire stack is just dumb

>> No.19956121

>>19956060
You're completely dismissing the incentive to hold onto your linkies - STAKING.
What's the point cashing out and crashing the market on your way out, when you can simply stake and make 100s of thousands a year.
Sure, people will cash out a bit to buy a house, car and fulfil other niggerlicious cravings, but no one in their right mind will even want to cash out $30MM at once.

>> No.19956149

>>19956082
>clearly doesn’t understand the tech

Weak as shit fud

>> No.19956150
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19956150

>>19956082
>I dont give a fuck about staking
Lol anyone who listens to this retardation is giga retarded

>> No.19956176

>>19956121

i dont think noobs will dump 30m cashing otua t once, they'll try to do it gradually, but so will many others with 20-500k stacks. it has exactly the same effect, and generally, this is how market crashes happen after a bull phase, because they start bidding to the bottom while the shrimps are looking in terror as the price never goes anywhere near enough for them to consider cashing out like that.

>> No.19956221

are there any stocks that had similar graph?

>> No.19956236

>>19956149

I understand it perfectly, I Just don't NEED to stake.

Additionally, stakign is not going to be for neet nodes. you are delude dif you think you can set up some bedroom node, and by the time any kind of pool comes along, you'll be getting a significant haircut on gains as staking gains on LINK doesn't work like generic POS shitcoins. your gains will likely equal the stock market by then anyway.

Staking is a great option to hold out for if you are a linklet but many wont need to bother.

>> No.19956248

>>19956176
That would be true for something like bitcoin, where the only incentive to hold it is if you think the value will increase. Chainlink has utility. Data providers will have to buy it to use as collateral.

>> No.19956306

>>19956236
So you’re arguement to cash out is to go and invest $6M in stocks and real estate. Meanwhile with you’re “20k stack”, if you had staked and assume ROI of 5%, you would still get $300k income. You are really fucking dumb you know that, not to mention the network would keep on growing and growing.

>> No.19956344
File: 66 KB, 1791x711, amzn.png [View same] [iqdb] [saucenao] [google]
19956344

>>19955923
explain to me why Chainlink will go through the same speculative price cycles as Bitcoin

Chainlink will serve as a utility token, there's no reason why it will suffer spectacular booms and busts like BTC. Look at Amazon, a company with massive real world use and adoption. Since the tech bubble it's been a straight shot upward

>> No.19956354

>>19955181
Personally I plan to keep my link and not sell, but instead live off passive income in the $150-250 range.

>> No.19956391

>>19956354
>$150-250
Jesus dude even pajeets aren’t that poor. Where do you live?

>> No.19956402

>>19956306

How is it? It's exactly the same.
Then i dont have to even bother with this crypto shit anymore, the annoying tax related side of it.

Another thing anons don't tend to understand is staking wont be some brainlet tier "claim rewards" button on binance.
If there are even any staking pools for neets, they wont get regualr ROI. Staking on Link isnt POS. the node holds a certain value of collateral as required by the job, but it's only doing one job at a time. extra collateral on that node wont increase it's rewards, and it wont get the job if it's higher than necessary because it's over risking itself, and the job doesn't want that much collateral.
what does this mean? It means staking pools have to give up profit to pay everyone. while they may make 8% on a particular job, they have to shell out to pay every Link staking with them, which may mean only 3% paid to every Link that wasn't utilized for that job in addition.

A dynamic service constantly finding jobs and fully utilizing every link pooled with them at al ltimes is a pipe dream and a very, very, very long way away. particulalry at first, when there wont be so many jobs going around, there will be tons of competition, sergey has literally half a billion Link to pay them at first with, and there will be too much Link in these pools to give everyone a decent percentage considering not amny jobs are coming through. It's take a long long time for that to change.

Again, it's not some braindead shitcoin POS staking which gives you rewards just for holding it. it's a dynamic network.

>> No.19956443
File: 96 KB, 1242x561, IMG_20200626_193857.jpg [View same] [iqdb] [saucenao] [google]
19956443

>>19955314
Hmm no sweetie, 10k has always been the minimum stack as per AB. Now cope.

>> No.19956506

>>19955181
Get this garbage off my board, LINK IS DEAD

BUY $STONKS NOW! GET A BAG AND LETS PAMP IT!

>> No.19956533

>>19956344
This. People don't understand LINK is fundamentally different than most, almost all, crypto. Typically crypto follows BTC, LINK has never done that and performed well even in a bear market which was unheard of in crypto. It did this because of its actual use case. LINK is the Amazon of crypto.

>> No.19956561

>>19956533
FUCK LINK BUY STONKS

>> No.19956571

>>19956443
Link was about $1 at the time of that post.

Nobody has 10k USD to spend on "suicide stacks".
Fuck off you delusional bucketcunt. 1k Link was always the suicide stack.

>> No.19956581
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19956581

>>19956561

>> No.19956594

>>19956571

you think people didn't have 10k to buy it with in peak bull market mania? you are the retard

>> No.19956600

>>19956402
Honestly dude, what you do with your LINK is your business only the future can tell if it was a good decision.

>> No.19956616

>>19956594
Not for fucking suicide stacks.
A suicide stack is the absolute minimum you'd ever throw at anything that looks slightly better than absolute trash.

>> No.19956788

>>19955181
This chart is just amazing though.
Has any other coin even done anything similar?
Most others just do a straight upward spike, then just slowly crashes over time.
This on the other hand, seems like a slow, but very sustainable, rise.

>> No.19956987

>>19956788
Best in crypto history other than btc

>> No.19957035

Top 2% holder here. It will reach $750 by August and no less than $1k eoy. I'm basing this off of nothing

>> No.19957095

>>19956402
You're a step up from the usual brainlets here, but still pretty far off. I was trying to find the motivation for writing out a long post to educate you retards, but I just can't find the motivation. I'll just leave it as yes, you have a better general idea of what steaking is and how it works...but you're severely underestimating how fast it will pick up from that original starting point. The main thing is you guys always go by percentages and think of it like some traditional shitcoin scam. You need to look at what the current cost of business some of these industries are paying for. It's a lot higher than the average normie that has never ran/been in business would estimate.

You're guestimating the cart before the horse, "well if btc moons and link goes to 100 and 3% of that..." is completely reverse of what reality will be.

>> No.19957098

>>19957035
Based

>> No.19957139

>>19956571
Sorry, but it was always 10k suicide stack. I was there, I remember. 10k used to cost $2000 which is exactly the right amount for suicide stack. Not some measly little $200 “investment”

The 10k suicide stack never changed. You’re just priced the fuck out. Deal with it

>> No.19957162

>>19957139
>$2k
>"suicide stack"

You have no idea what a suicide stack is.
You're supposed to have dozens of suicide stacks.

>> No.19957179

>>19957095

not quite. i was using terms that the retards love to use so they can udnerstand better. they always talk about "LINK SHOULD BE AT LEAST 5-8% ROI PER YEAR".
In my case, i realise the value, but i simply don't think I need to wait for it to unfold. I have 20k Link, and if 300$ feels like a good time then i'll cash a large amount of it out, and only keep some left to cash out later. If i kept it till $1000 even better, that would be almost $20MM after taxes, even les reason to need to stake. ridiculous amount of money.

Point being, I realsie the value, but i absolutely don't need to take part at that point. linklets depend on that.. big Link whales with even biger stacks absolutely don't need to stake. not your average neet buyer with whale stack anyway. MAybe some mega jew corporation wants a 500K Node for their own reasons

>> No.19957227

>>19957139
I know you are just fudding, but the whole notion of suicide stack and make it stack is that when LINK reaches $1k, 1000 LINKs will net you $1m which is good enough to be financially free if you can manage to get at least 5% staking or whatever other investment returns a year and live in an affordable place. 10k LINKs will net you $10m which when staked for at least 5% or whatever other investment's roi, you can get $500k a year which is pretty good for any place in the world. 100k LINKs though that's a big baller money.

>> No.19957233

>>19957179
You are the retard. Herp a derp slurp slurp.

>> No.19957290

>>19957179
I think the point is that if you can get decent staking ROI from Chainlink, then there's no point on cashing out and buying some overvalued boomer dividend stocks unless LINK itself is overvalued. That is if you want to slowly increase your wealth or at least preserve it. You don't need to buy a house outright in cash if you can get a 3% a year loan and pay it with your portfolio roi which is higher, like 8% a year. Same goes with cars or any other bigger purchase things.

>> No.19957333

Think about it like this. MOST retail normies can not afford a 1k stack at this point. A low percentage of the population have 5k sitting around to throw into a speculative project like ChainLink.

>> No.19957368

>>19957139
I was also there so I know you're memeing. Suicide stack is something you buy just in case some shitcoin actually moons. You're not throwing $2000 for every shitcoin that might moon. Hence, the suicide stack for LINK is and always has been 1k LINK.

>> No.19957390

>>19955272
You have over 300k link? Lmao

>> No.19957434

>>19957368

uhh anon. taht was i npeak bullrun. people literally WERE throwing a random 1000-2000$ at random shit coins and making it.

Hell i did that with TRX/VEchain/Verge/OMG in the space of a month with my free BCH coinbase gave me back then.
Money was coming out the ground everywhere, people were definitely doing that

>> No.19957435

>>19957035
Checked time...what does 2% look like in link holdings btw?

>> No.19957457

>>19955632
>those numbers always assumed $1000 which is deluded.
No.

A suicide stack is merely enough to keep from offing yourself if something does happen to make it.
Even if Link only goes to 10, a 1k suicide stack still gives you 10k.

>> No.19957488

>>19957434
People do all kinds of shit.
Ordinary people however do not throw 2k at any investment just in case it might moon.

>> No.19957493

>>19955327
Next stop, 15k sats?

>> No.19957534

>>19957488

of course not. but you probably were not here so didn't understand the context of Assblasters post. He was talking on here, in PEAK bull mania, to anons who were all taking part in that and making money on random shitcoins like blindfolded dart throwing. He wasnt talking to average normies.

MAybe suicide stack has now changed meanings to mean average normies who never took part, but originally it was referring to anons taking part, who were doing just that, and throwing around 1000 or 2000 here and there. thats why a suicide stack is 10k

>> No.19957565

>>19957534
I bought at presale.

And Assblaster is obviously a richfag.
Even if he bought at presale, 250k was 25k USD.

>> No.19957569
File: 439 KB, 1080x2220, Screenshot_20200227-115826_Instagram.jpg [View same] [iqdb] [saucenao] [google]
19957569

Fyi this is how we judged who makes it
- General of ChainLink: General Sergey Nazarov
- General: 500001+ LINK
- Lieutenant General: 250001-500000 LINK
- Major General: 175001-250000 LINK
- Brigadier General: 125001-175000 LINK
- Colonel: 750001-125000 LINK
- Lieutenant Colonel: 50001-75000 LINK
- Major: 35001-50000 LINK
- Captain: 25001-35000 LINK
- First Lieutenant: 20001-25000 LINK
- Second Lieutenant: 15001-20000 LINK
X<><><>X<><><>X
- Sergeant Major: 10001-15000 LINK
- Master Sergeant: 9001-10000 LINK
- Sergeant First Class: 7501-9000 LINK
- Staff Sergeant: 5001-7500 LINK
- Sergeant: 3501-5000 LINK
- Corporal: 1501-3500 LINK
- Specialist: 501-1500 LINK
- Private: 1-500 LINK

>> No.19957583

>>19955280
Id kms if I was in this position. You will have to wait so many years to make it

>> No.19957659

>>19957290
>I was also there so I know you're memeing. Suicide stack is something you buy just in case some shitcoin actually moons. You're not throw

You act like there is absolutely no risk though anon....

>> No.19957687

>>19956082
This is pants on head retarded

>> No.19957697
File: 73 KB, 562x562, 1592688891803.jpg [View same] [iqdb] [saucenao] [google]
19957697

>>19956533
LINK is still following BTC, that's the whole price suppression argument. Link reaches ATH, BTC dumps.

>> No.19957712

>>19955327
it’s actually up in sats since then

>> No.19957721

>>19957179
The only reason link would reach 300 is if staking came out and returned 15(5%), 24(8%), up to 30(10%) usd per link per year. The base price doesn't denote the rewards, it's the other way around. Taking over half of the online gambling market would return about 60 usd per link per year at a competitive cost reduction over traditional. For a base of 600, 750, 1200. Now add in silly things like the 1.2 trillion dollar trucking industry (with 80% of business expenses NOT spent on drivers and fuel) and the numbers get to the point where if you sell at 300 you'll kill yourself shortly after.

>> No.19957791

>>19957583
Fuck you nigger faggot. I've already made it. I'm white and I have found Jesus. Money is just a nice aside. I'm not some depressive who needs it to live my life.
Anyway, this shit isn't going fucking anywhere for the next 3 months at least. I will be at 2.5k by October if it hasn't mooned, much more comfy.

>> No.19957813

>>19957697
He meant long-term.
Link only "follows" BTC in acute dumps.

>> No.19957868
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19957868

>>19957434
>>19957534
Listen here bud. I've been following LINK autistically for almost 3 years. I went through the discovery times, the hype, the anguish when LINK dropped to 1000 sats while everything else mooned. I was also here when LINK started distinguishing itself as the only coin that didn't drop 90%+. I was here for stealth mode. For the take off times. Fudding Reddit. Through all of this, the suicide stack has always been 1k. It has been fun to discourage newfriends and normies by saying it's 10k for a suicide stack, but it's just not the truth. Those times are over.

Sit back and enjoy the ride. No need to antagonize fellow Linkies with this whole historical revision shtick.

>> No.19957893

>>19957721
These shitty “concerned” fuds are so fucking tiring.

>> No.19957939

>>19956402
what is Linkpool

>> No.19957982

>>19956391
with his parents

>> No.19958050

>>19957939
Never going to make it fren

>> No.19958137

>>19957868
Goddamnit I remember that post. /biz/ died after link mooned

>> No.19958144 [DELETED] 

>>19957791
>i found Jesus
Knowledge is occulted. Actual knowledge, not the junk they tell you at school and on television. Have you thought about that? You have to be worthy to know the truth. Pearls to swine? The Bible is given to savages, homeless drug addled degenerates, and left in hotel room nightstands. If the Bible actually held the truth to understanding life and our purpose here, do you think you would have access to that information? This widely accessible information anyone can possess is the truth? That makes sense to you?

>> No.19958173
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19958173

>>19958137

>> No.19958367
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19958367

>>19958144

>> No.19958451

>>19958050
did you know Linkpool is the no 1 node provider with most jobs?

>> No.19958500

>>19956082
ngmi

>> No.19958590

>>19956443
this settles it. if 10K is the assblaster approved suicide stack, then it is so

>> No.19958931

>>19958590
And with 10k he is counting on the top being $20 per link becsuse he said with 200k if you aint stupid you dont have to work (not sure if he said full time or at all)

>> No.19959496

>>19958590
>$10k USD
>suicide stack
no

>> No.19959557

>>19955861
Don't sell them you dumdum. You only have 20k after all.

>> No.19959643

okay guys I've like 60k saved, should I just all in in link?

>> No.19959659

>>19959643
yes

>> No.19959673

>>19959643
how old are you?

>> No.19959705

>>19959673
29 towards 30, 60k net worth poorfag

>> No.19960166

>>19959705
60k net worth at 30 yo? Kys poorfag

>> No.19960479

>>19957721

You're only valuing the the initial t=0 cash flow here. You need to model t=0,1,2...n discounts back to t=0 (splitting hairs a bit as the annual return isnt discrete/immediate, a better model would be continuous). Plug those annual returns into this calc and you'll arrive at a much higher valuation.

>> No.19961393

>>19956616
>>19956594
>>19957227
>>19957368
>>19957434
look at these linklet shitting their pants because they're price the fuck out. if you don't have a minimum of 10k you will ngmi

>> No.19961453
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19961453

>>19959643

>> No.19961718

Back in 2018 people laughed at you rightfully so as a poojeet if you only had a 1k link stack. That could have been bought with TWO HUNDRED DOLLARS USD. If you can't spend 1 hundred usd at a bar on a night out you're poor. 10k was always the suicide stack due to the fact that if link reaches 1k it'll take 30 years, where if you had 10k u could cash out during the big sell off waves at 100, 200 and 350 and 500. The only people spewing revisionist history are newfags. The link marine chart ain't even being posted anymore

>> No.19961812

>>19956354
150-250$ each link bro. damn use your brain.

>> No.19962850

>>19957791
Holy shit this level of cope kek!

>> No.19962889

>>19956443
This ends the debate once and for all. 10K = suicide stack. Assblaster himself said it.

>> No.19963139

>>19957035
BS
gg

>> No.19963166

>>19961393
>if you don't have a minimum of 10k you will ngmi
This isn't about the "make it stack", it's about the suicide stack.

>> No.19963222
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19963222

>>19957583
Yeah you were only just holding for 5 years LMAO

REL did what chainlink took 5 years to do in 14 days.

>> No.19963227
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19963227

>>19955923

People said this same shit in 2017 before ETH went from $5 dollars to $1400 in 12 months lol.

There is no sanity to this market. All we know is that LINK IS chosen.

>> No.19963265

>>19962889
see >>19959496

>> No.19964226

>>19955181
A bull pennant is forming if you look at the LINK/USD charts, but we won't be breaking out until next month.

>> No.19964535

Next stop, 15k sats?