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20422430 No.20422430 [Reply] [Original]

how will you resist taking profits at $5-10 million? $20-100 million?
The mere thought of having this kind of money is absurd to me

>> No.20422476

>>20422430
>#3 @ 1T is 127.21

I don't even know if I buy into this unfortunately. Seems like crypto will never moon again like 17

>> No.20422479

>>20422430

5-10 million is fuck you money for the average person lol.

>> No.20422519

>>20422430
I will sell my 10k stack at $150

That's 1.5 mil from LINK alone, implying there will be another 1 mil minimum from my btc and eth holdings

>> No.20422524

>>20422430
$2 million is fuck you money. That's $80k/yr inflation adjusted passive income forever. You can go tell your boss to fuck himself. That's what fuck you money means.

Anything more than that is just extravagance. Nice but unnecessary. And not worth risking your 'fuck you' status by holding too long onto a pump and dump shitcoin.

>> No.20422528

>>20422479
this op, the average person just wants to say "fuck you" to his boss at the local Kroger, and you can live their lifestyle off the passive income of less than a mil

>> No.20422545
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20422545

>>20422430
I'll be selling my staking gains. Never touching the principal stack.

>> No.20422556

>>20422430
2k linklet here realistically if it does hit 1k would i be better off staking or selling? we don't even know how profitable staking will be yet i guess.

>> No.20422565

>>20422430
What if I told you bitcoin will be chainlinks bitch in a decade and we will have a 10T market cap?

>> No.20422590

>>20422565
I will tell you to take your meds

>> No.20422601

>>20422556
You dumb fucking retard. Do you have any idea how expensive LINK tokens are going to become as the network grows after staking goes live? It's enough to make you vomit. $1 million dollars per token is FUD.

>> No.20422610

>>20422545
i WON'T BE SELLING MY STAKING GAINS UNTIL I HAVE A MONOPOLY BIGGER THAN SERGEY'S

>> No.20422616
File: 962 KB, 1604x1126, 1517909696-Sound-like-one-of-them-good-problems-Marlo.png [View same] [iqdb] [saucenao] [google]
20422616

>>20422430
I'll just have to figure it out when I get there.

>> No.20422643
File: 1.38 MB, 1503x1046, 1563847736918.png [View same] [iqdb] [saucenao] [google]
20422643

>>20422610
This is based, but I do want to start my life eventually.

>> No.20422664

>>20422556
At least 5% seems to be the norm in cryptoverse.

>> No.20422686

>>20422565
Much sooner than that

>> No.20422712

>>20422601
Based

>> No.20422739

>>20422430
take your meds

>> No.20422747

>>20422430
we'll recieve passive income through staking, so if my stack is worth ten million and i'm getting even 1% returns i'll make 100k per year which is easily enough to live a high class neet lifestyle. If we're right, then our lives will be improved just by holding link, and it will be increasingly easy to hold as all of our day to day expenses will be paid out through passive income. Probably the most dangerous time for linkies to hold will be in the low hundreds where stacklets will not be getting enough passive income to really change their lives. After that holding will become increasingly easy.

>> No.20422751

>>20422590
Same thing you would have told me about BTC in 2010 I bet

>> No.20422764

>>20422430
if i am honest, probably not...bird in hand and all that.

>> No.20422811

>>20422479
>5-10 million is fuck you money for the average person lol.
absolutely. you aren't going on fabulous vacations and have luxury homes all over the world, if you want to be just the guy at the end of the culdesac that lives a quiet life, 5 million will do it very very easily.

>> No.20422862

>>20422811
I want more
I will be out of link when my portfolio reaches a few dozen million

>> No.20422877

>>20422430
its going to take years for the crypto market capitalization to reach 1T. like, 4-12 years

>> No.20422905

>>20422430
UPDATE THE PICTURE

>> No.20422917

People are going to be scrambling for $100 chainlink and laughing at how cheap it is
That's kinda scary
But if this stuff can be the route to be boing comfy as a linklet that's enough for me, fun for the people who end up on silly money though, just don't go yacht crazy guys.

>> No.20422923

>>20422565
>chainlink
>worth more than the ETH it runs on

lel

>> No.20422934

>>20422616
Marlo is a fag btw

>> No.20422965

>>20422877
No it's not, it almost hit 1T in 2017. Any minor bull run could put it over the edge.

>> No.20422964

>>20422751
God I wish I had took that shit seriously in 2010, I thought "meh, looks like effort"
And then you could still mine on a potato

>> No.20422969

>>20422905
I don't have the spreadsheet

>> No.20422985

>>20422934
oh is that why he had a lezbo on his team?

>> No.20422989

>>20422476
Here's something to cheer you up anon. The pajeets are getting internet at a higher and higher rate now. And gen Z is growing up. There's hundreds of millions of people that couldn't invest before that can now.

>> No.20423008

>>20422811
Legitimately I could do it on less than £1,000,000
Obviously I could do it better on more

>> No.20423015

>>20422545
what are tax implications of staking gains? Is it considered short term capital gains?

>> No.20423033

>>20422917
>boing comfy
There may be boing boing, fuck my typing

>> No.20423055

>>20422877

Go back you retarded faggot.

>> No.20423083

>>20422923
>software companies worth more than hardware companies
>money worth more than paper its printed on

>> No.20423090
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20423090

>>20422430
At that level staking pools that offer at least 5% roi per year will be available so you could just stake and live off the returns. I think the real challenge is to hold your stack until those pools are available.

>> No.20423099
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20423099

>>20422565
>A basic json parser erc20 scam token that runs off eth is going to cuck btc
How big are your bags?

>> No.20423110

>>20422430
I'm sure my greed will have taken over by then. FORTUNE FAVORS THE BOLD FAGGOTS

>> No.20423120

>>20423083
Yup, the data on my computers is worth one massive fuckload more than the computers it's on and I'm just a poorfag
Data is essentially real cash at this point

>> No.20423146

>>20423110
No kidding, I'd have 4 times the cash than I do now if I wasn't a little trembling idiot

>> No.20423155

>>20422430
Holy shit it’s really going to $100 at the next bull run isn’t it?

>> No.20423176

I have 625 linkies. Will I make it, bros?

>> No.20423178

>>20423015
Depends what you do with them, and what country you live in. I'm guessing that if you choose to be paid (from your staked links) in Fiat, then it would count as an income, so be subject to income tax.

>> No.20423185

>>20422430
I have 65k. I just want to get to $100 that would be wonderful but I’m damn worried we can’t even break $9

>> No.20423211

>>20423185
We were saying that about $5 two weeks ago
Think about that!

>> No.20423224

>>20423099
this

>> No.20423243

>>20423176
Depends, how does a 625 cup size increase for your gf sound?

>> No.20423262

>>20422664
>>20422989
This

India surpassed china as fastest growing market and wealth developing

>> No.20423265

>>20423178
Here it doesn't matter what you're paid in, if it has a fiat value, you're taxed on the presumption of that value

>> No.20423270

>>20422430
$50M is the absolute maximum I am willing to hold until. Will sell half at that point assuming we get there.

>> No.20423287

>>20423243
>tfw no gf

>> No.20423289

>>20423211
Dude we were stuck at $5 for a while year!!

>> No.20423320

>>20422545
good meme

>> No.20423327

>>20423289
Well, complain in a year, then >.<

>> No.20423340

>>20423289
and 30 cents before that

>> No.20423345

>>20423270
What price do you expect LINK to reach...

>> No.20423348

>>20422601
t. 5 Link stack

>> No.20423353

>>20423327
I want to be at $50 right now!! I don’t want to wait a year to retire!

>> No.20423388

>>20423353
Don't we all babes

>> No.20423415

>>20422430
lol 3k linklet here i'd be lucky if this even hits $15.

>> No.20423434

>>20422923

B L O C K C H A I N

A G N O S T I C

>> No.20423438

>>20423345
$4/5k LINK for me, good thing that number could work based on some internal numbers and this being a clown word

>> No.20423498

>>20423415
Would you be happier being more lucky if it hits $150?

>> No.20423511

>>20422476
this one will be greater anon

>> No.20423549

>>20422524
Wisely said.

For me, though. I will never fucking sell. All this talk about selling makes me sick.

>> No.20423567

>>20423345
I’m not sure. Too early to tell. I definitely think it’s going to $100 easily, $1K within this decade is on the table. Beyond that? No clue.

>> No.20423587

>>20422430
Staggered sells.

>> No.20423654

>>20422430
Gradual withdrawal is key. I have 4000 link.
At @500 take 1000 link out. Half a million dollars. That's a house and a car. Or for me, no more mortgage and car payment. Plus every cent I put into link is recovered.
The other 3000 keep on going, maybe take an additional million out when link doubles.

>> No.20423762

The crazy thing is That link is not crypto in the investment sense. Link is it’s own fucking economy and the price is starting to reflect that. We need to get to $10 though before the Norman’s storm in. Need to get to $10 like right ducking now!!!!

>> No.20423777

>>20423654
>Post
$500 link hahha why are linkies so deluded

>> No.20423782

top is in

>> No.20423816

>>20422430
How long have you children been waiting to become rich from your linkies? 1 year? 5?

>> No.20423837

>>20422430
This is one of the things that demotivates me about chainlink. We have like 100k link holders now(?), let's say 10-25k of those have >2k link(?). If link price gets insanely high you'll suddenly have thousands of meme millionaires, it feels like that's not supposed to happen. Like so many millionaires suddenly out of nowhere, and it's plenty more link holders than in the early days of btc and eth. It sounds too good to be true basically

>> No.20423838

>>20423762
The thing is LINK will do to data providers and other companies what amazon did to brick and mortar retailers. You know how much Data certain firms have in there systems, before LINK they could never create a monetary stream until now.

E.G every car company prob has a shitload of mapping/driving data, they can now sell that on the LINK marketplace totally secure and also buy it from their competitors.

>> No.20423850
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20423850

>>20423511
Checked, diamond bullrun incoming

>> No.20423887

>>20423837
BTC produced like 40K millionaires though.

>> No.20423889

>>20423777
Why the hell not?

>> No.20423894
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20423894

>>20422430
I made the chart from OP in February. Just updated it.

>> No.20424047
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20424047

>>20422556
Put it in save take out a loan and buy ample with it. Or more link if you’re risk adverse

>> No.20424070

>>20423894
thanks anon. cheers

>> No.20424111

>>20422430
sell 50% at $100 and the rest at $200.

>> No.20424120
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20424120

>>20422430
I can't fucking read this chart
Couldn't it be labled better? Holy shit.
Are the trillions market cap projections??? What is the time frame for this???
How much LINK corresponds to each price? 1? Or is it supposed to be a suicide stack's worth????
If LINK is Rank 1, why would BTC's price still be orders of magnitude greater? Is that because of scarcity or is it not really rank 1?
What the actual fuck am I reading?
LABEL YOUR FUCKING CHARTS

>> No.20424134

>>20424120
Idiot. Lol

>> No.20424259

>>20423837
A massive percentage of them will get out way before the peak, each major milestone a couple thousand will get out

Not many people could resist the temptation to sell at $50

>> No.20424305

>>20424134
>this anon acts like they can read it
>but they can't
>they are sad inside with this knowledge
>they just wanted to fit in
>it seemed like everybody else knew

>> No.20424310

>>20423837
You could say the same about bitcoin. Back in 2012 you could say "there's no way this will go to 20k because that would make all these degenerate drug addicts and pedophiles millionaires!"

The thing to remember is that most people have weak hands or try swinging and get out far too early to actually achieve those theoretical profits.

>> No.20424444

>>20423262
Bullish for wazirx

>> No.20424449

>>20424305
There's nothing complex about that chart. If you can't understand it then that's your fault.

>> No.20424528

>>20424120
Let me help you brainlet. Rows are coin rank (link is #8 rn). Columns are total crypto market cap (~280 billion rn). Link simply being #3 coin rank during a 1 trillion crypto market cap would estimate it at $127.

>> No.20424698

>>20424120
It’s easy as fuck to read, charts like this have been doing the rounds for years, are you a fucking retard.

>> No.20425009

>>20424444
Checked. I got a wrx bag kek

>> No.20425042

>>20423837
There are nearly 20 million millionaires in the US alone. 10-100 thousand more is a drop in the bucket. The world will barely notice.

>> No.20425091

>>20425042
Exactly. If link goes to 10,000, it’ll barely make a drop it the bucket of people in that income bracket.

You didn’t think the 4iR would create at least 10,000 multi millionaires and approximately 1k - 2k billionaires all while propelling the current billionaire class into the trillionaire class?

>> No.20425117
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20425117

>>20424528
Based. Thank you.

>> No.20425141

>>20422430
I plan on taking just a little here and there to satiate the need.

>> No.20425168
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20425168

>>20423894
number 1 at 10 trillion here we go

>> No.20425186

>>20422430
It's easy. You exercise the self control that you've made a part of your life for the last three years and live on a meagre $200k/yr that you get from node payment.

Also, do start a business and use your money to promote white interest.
I swear to God if all you newfags go all Dan Bilzerian I will activate the assassination contracts

>> No.20425236

>>20424310
I've thought the same thing. A lot of people will buy on hype and hopes to make a x2 without understanding the project and exit by $20 thinking they did something incredible

>> No.20425281

>>20425186
based advice

>> No.20425343

I have accumulated 6,250 LINK.

Will I one day be allowed in the yacht club?

>> No.20425348

>>20422430
we've entered the delusion phase of the market cycle

>> No.20425361

>>20422430
How do I read this chart? Explain please

>> No.20425395

>>20425361
1. Don't be retarded
2. Read and understand
3. Profit

>> No.20425449

>>20422430
>The mere thought of having this kind of money is absurd to me
good because it will never happen

>> No.20425533

>>20424120
The assumption is that the marketshare amongst the top 20 will be the same relative percentage, as the overall marketcap of the entire crypto market increase.
so bitcoin dominans will always be the same, if chainlink becomes #1, then it will have the same 60% dominans.

>> No.20425566

>>20422923
what part of blockchain agnostic do you not understand? This is why Vitalik has been so salty towards link and sergey. He knows sergey has effectively trump card'd him and link has done what he wanted ETH to do