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/biz/ - Business & Finance

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22731276 No.22731276 [Reply] [Original]

Why are top LINK holders adding right now?

See for yourself biz

>> No.22731320

based

>> No.22731337
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22731337

>wearing pants

>> No.22731345

>>22731276
Because we are going to $25 eom

>> No.22731352

>>22731337
based nopants poster

>> No.22731384

>>22731276
>the return is to great
Also anyone who thinks that Chainlink is going to sell the vast majority of their tokens is a brainlet.

>> No.22731573

>9 trillion dollar market cap in a 90 million supply

Mother of god... $1000 truly is fud.

>> No.22731731
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22731731

9 trillions divided by 90 millions equals... 100 millions? That's the price of 1 single link token?

>> No.22731747

OP says LINK will be $1000, but doesn't an overly expensive LINK make LINKs unattractive to node operators? I believe in the technology but don't see how it can moon in that way.

>> No.22732431

>>22731747
No. 18 decimals

>> No.22732486

>>22731337
*nostalgia intensifies*

>> No.22732557

>>22731747
fuck this reminds me of the good old days. someone once responded to my same, brainlet question and now I have the honour of doing same. I know this has already been said but the answer you seek is: 1.000000000000000000

>> No.22732589

The OP post is retarded and was written by someone in 2018 or so that doesn’t understand anything about what Link does...larping as a whale

>> No.22732721

>>22731747
these guys are right >>22732431
>>22732557
the price of using a link node will likely be measured in dollars. The price of link will be relative. A well setup link contract will likely never even show the end user what the fuck chainlink even is, UNLESS of course that in itself is a selling point -- but the job request will still be relative to the dollar.

>> No.22732838

>>22732721
I know bro. I know.

>> No.22732868

>>22731747
this, companies wont spend that much on it. they can just make their own oracles. why would they pay all this money for it when they can just make their own oracles?

>> No.22732895

>>22732868
you literally cannot help yourself can you

>> No.22732933

>>22731276
>Why are top LINK holders adding right now?
Sunk cost fallacy.

>> No.22732945

>>22731276
I'm gay

>> No.22732994

>>22731276

> Deluded Linkies thinking that someone or something will pay 10$ to refresh some data, when you can have some pajeet doing it for less than a dollar. .

>> No.22733016

>Why are top LINK holders adding right now?
Delusional cultists will continue buying and never selling no matter how much it dumps. Eventually they will achieve their goal of holding all LINK in existence, but there will be nobody to sell it to and no jobs for their nodes

>> No.22733097

>>22733016

The top holders aren’t cultists you moron they’re companies or funds

>> No.22733134

Any legit /biz/ user that lurked the required 2 years still replying to threads posted in the last hour should lurk more.

sage goes in all fields

>> No.22733169
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22733169

>>22732868

BECAUSE. NO. OTHER. FUCKING. COMPANY. CAN TRUST. ANOTHER COMPANIE'S-

>much oracl ulul

IT IS SEPARATE FROM ANY ORGANIZATION. ANY PARTY. IT ALONE IS ITSELF. THE CHAINLINK NETWORK IS ANYBODY AND EVERYBODY THAT WANTS TO BE REWARDED FOR ACCURATE DATA, AND NOT TO BE PUNISHED FOR BAD. COMPANIES HAVE ALREADY ESTABLISHED BULLSHIT TO RE-LAY INFO TO AND FROM EACHOTHER. BUT IT'S SUS.

>IT'S SUS I SAY.

>> No.22733190

>>22733097
companies are cults of profit

>> No.22733233

>>22731337
I missed you

>> No.22733504

>>22732838
I know you know lol. I was replying to >>22731747

>> No.22733515

>>22732933
>>22733233
Checked.
It's funny how LINK is legitimately the only project that matters and people still see it as a cryptocurrency project lumped with the rest.

>> No.22733595

>>22731731
what?

>> No.22733649

on the plus side I'll be a millionaire if link succeeds

on the downside it won't be until im in my 40s

>> No.22733668

>>22731731
its 100k you retard

>> No.22733674

>>22731276
>Why are top LINK holders adding right now?
source?

>> No.22733705
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22733705

>>22731731
>The $20 LINK run wasn't ran by retail FOMO

>> No.22733838
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22733838

>>22733674
They removed around 20mil link from exchanges since pic related fucked the economy.
Source:
https://www.viewbase.com/coin/chainlink

>> No.22733905

>>22731276
Top wallets are exchanges. Their holdings are increasing as people send to exchanges to sell.

>> No.22734308

>>22731747

18 decimals

>> No.22734428

It's over bro. Unless you bought this summer, in which case you're a retard

>> No.22735013
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22735013

>>22731276
lmao thats my pasta
>>22731337
*cat farts while eating*

>> No.22735216

>>22731276
That’s my fucking screen cap. Kek you know that’s fake pasta right

>> No.22735365
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22735365

>>22731276
The whales are building a greater marketshare which is ultimately bad for the coin. See what happened with UNI- it was surging to 10 dollars and then within five minutes a whale dumped like a hundred thousand tokens below market price and the sudden dump to 7 killed all momentum.

What's going to happen next time there's a bull run is that Link will exceed 20 (again) then some whale will drop a shit-ton of tokens like a mong and all the dolphins and shrimp will get scared. Then it'll become like statera where the whales periodically buy some to pump it and then post here/on red dit to get dumbfucks suckered in, then dump on them once there's some genuine momentum going in order to build a steady income.

The coin will slowly bleed and the "link is a scam" narrative will be there alongside statera and xrp.

>> No.22735436

>>22731573
Doesn’t that make link $100?

>> No.22735438

>>22735365
You're a complete retard if you believe a single word you said. You probably don't though

>> No.22735445

>>22735365
This narrative neglects to consider Link tokens utility value in running the chainlink network, which will increase as the network is used more.

>> No.22735532

>>22735445
>utility
>chainlink network

There's an RSR/RSV network and that coin is fucking worthless. Having a network doesn't mean shit when $MEME, YFI and Rarible are making bank just selling "internet art". Defi is dead, NFT is the new hotness.

>>22735438
Here we have the cultist. Much like the holders of other tokens (STA, UNI, XRP, FTM) he will insist his token is special, different and will recover unlike those other ones. He is ignorant to the reality of a monopolized market at the whim of some fat basement dweller with a paper net worth of 10 million dollars. He will not profit.

>> No.22735557

>>22732994
You just described kleros, which is inferior. We want the monotheistic God protocol not the curry Gods protocol.

>> No.22735575

>>22731345
any evidence for that

>> No.22735646

>>22735532
Recover from what? It has been on a nonstop pump for over a year your retard. That is one reason that it is different.

>> No.22735928

>>22735646
It's been dumping hard for a month, you cultist.

>> No.22735976

>>22735532
Link's marketcap is in the billions, the top 100 or so wallets after exchanges don't even add up to 1 percent of the total tokens, going to agree you're a complete retard or a naive newfag.

>> No.22736063

>>22731276
>why are top link holders adding right now

They literally aren't though.

>> No.22736538

>>22735928
two years of bear market have just come to an end
bears are in capitulation, and are going to have to wait for a year-and-a-half for optimal shorting conditions
if you think that link ISN'T special for its two straight years of nonstop organic growth in a bear market culminating in it proceeding to breach the top 5, then i don't know what to tell you
if you think there's no more room left to grow, then consider that every blockchain-based app or product that wishes to interact with external data will need an oracle, and blockchain-based apps are literally just beginning
if you know about the oracle market and think that chainlink's oracles aren't king (not to mention the subject of attempted imitation), then you're probably very difficult to help

>> No.22736702

nodes actually run at a loss because of high gas prices

>> No.22736775

>>22736538
>subject of attempted imitation
just fork the code
it uses an MIT license so you could even take it close source and make it proprietary if you want

>> No.22736991

>>22736702
What is Threshold Signatures?

Correct

I'll take Chainlink Innovations for $1,000

>> No.22737075
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22737075

Is he telling the truth lads?

>> No.22737395

all these newfags in this thread who are pretty interested in the fundamentals makes me pretty bullish

>> No.22737470

>>22731747
holy shit this is fud from 2017 ahahahahhah good to see your still here marine

>> No.22737667

>>22733838
why would they remove 20mil link from exchanges?

>> No.22737803

>>22731276
Depending on 'top' this is untrue. I'm top 400 and although I've sold link this month I've gained ranks.

>> No.22737825

>>22737075
Yes junko has never lied.

>> No.22737844
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22737844

>>22737075

>> No.22737860
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22737860

>>22731337
pee pee poo poo

>> No.22737878

>>22731276
Because buy the dip. Because whenever /biz/ screams "I'm financially ruined" you know its a good buy signal.

>> No.22737885

>>22737825
I feel like there is no way this is true. She makes up shit all the time

>> No.22738055

>>22737885
>she

>> No.22738075

>>22732868

This IS the most basic ass retarded question that every nu/nolinker with a sub 80 IQ comes up with. It's sad and funny at the same time.

>> No.22738211

>>22735365
Yes it's like this except it's Sergey doing it weekly for at least 4 months each year.

>> No.22738327

56k link anon here. I can guarentee you next year we re hitting 40

>> No.22738712
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22738712

So many weak hands btfo, of course it's gonna pump. It's the Oracle Problem. Industry standard.

>> No.22738878

>>22732868
Weak b8

>> No.22738971

>>22736538
Why do you spend time arguing with retards? I dont understand your motivation. I come here to read the retards take and have a hearty laugh

>> No.22739306
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22739306

>>22732994
Way to demonstrate you know nothing about either project.

>> No.22739406

>>22735532
>>22732868
>>22734428
>>22735365
>>22735532
>>22736063
>>22738211

What coins do you hold? If you can’t answer, your opinion is worthless You salty NoLinker.

REMEMBER TO ALWAYS ASK LINK FUDDERS THIS QUESTION.
> REMEMBER TO ALWAYS ASK LINK FUDDERS THIS QUESTION.
REMEMBER TO ALWAYS ASK LINK FUDDERS THIS QUESTION.

>> No.22739490
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22739490

>>22731337

>> No.22739569
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22739569

>>22731337

>> No.22739593
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22739593

>>22732868
>>22732895
>>22732945
>>22732994
>>22733016
Kek nostaligic fud. Feels good

>> No.22739599
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22739599

>>22735575
If you know, you know

>> No.22740659

>>22739406
90% LINK, 8% IOTA, 2% NEO. I am aware that I am crowdfunding Sergey's companies by staying long on Chainlink. I am thinking he will stop fundraising after the community has gone past bitter resignation to spiritless numbness. This is what he did in 2019.