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/biz/ - Business & Finance


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23509296 No.23509296 [Reply] [Original]

biz, should I buy a 1k suicide stack of Chainlink? Am I gonna regret this?

>> No.23509316

>>23509296
suicide stack is 100 link

>> No.23509317

>>23509296
red ID says no?
I'm 18 and my life is just starting.
This is work money

>> No.23509333

>>23509317
>>23509296
Kill yourself instead

>> No.23509373

>>23509333
based

>> No.23509376

>>23509316
Why so low?
>>23509333
Only if you do it with me friend.

>> No.23509378

>>23509317
so you have 12k to spend on internet magic money?

>> No.23509411

>>23509378
Yes, reservists will inherit the earth

>> No.23509426

depends do you want 81,000,000 dollars by 2025?

>> No.23509455

>>23509296
Unironically suicide stack is 10k and make it stack 100k

>> No.23509466

>>23509426
>how does 10 gorillion eoy sound

goys I hear link is just a .json parser and is useless beyond that

>> No.23509729
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23509729

>>23509296
AAAAAAAAAAAAAAAA

>> No.23509755

>>23509296
Buy as much as you can. 1k is nice but in a few years you'll be looking back and wishing you'd bought more no matter how many you have.

>> No.23509811

>>23509755
Where does this confidence come from?
When did you buy into Chainlink?

>> No.23509904

>>23509316
I thought suicide stack meant you’re risking so much money that you’ll kys if it dumps.

>> No.23510026

>>23509811
>Where does this confidence come from?
I know what the tech does and how it will integrate into the global economy. You could DYOR (the whitepaper is a good place to start, and look for some of Sergey's talks on youtube), or you could just lurk awhile because an anon with more patience than me will inevitably spell it out for /biz/lets.
>When did you buy into Chainlink?
The day it listed on binance, and also yesterday. Many times inbetween. I still wish I had more, and probably always will.

>> No.23510096

>>23509904
nah it's the idea that you'll rope yourself because you didn't buy an affordable amount when you had the chance

>> No.23510140

>>23510026
Thanks anon. What about all the anons that FUD and say it's nothing more than a .json parser and that the price is heavily manipulated and at the mercy of early whales?

>> No.23510359

>>23510140
You'll get used to the FUD. Maybe you'll join in, it's good fun.
The second one is true, but it's true of all crypto, and won't matter in the long run. You're not buying to day trade, you're buying to hold and get rich. And, ironically, if that wasn't the case I would have no incentive to try talk you into buying, considering I'm still accumulating. But whales are gonna play whale games no matter what we do, the price will go up and down irrespective of our little fish buying.

>> No.23510381

>>23509296
Suicide stack has always been 10k

>> No.23510511
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23510511

>>23510359
so its just essentially a fiat money game but crypto? not that anon but have been wanting to get back into crypto after being bribed in 2015 and absolutely green in crypto. If accumulating, buying, and holding is the best strategy I'd do it.
How do you cash out though down the line? find a crypto lawyer? gonna start looking into this

>> No.23510525

>>23510511
*scammed
not bribed kek

>> No.23510584

>>23509296
just buy some faggot

>> No.23510629

>>23510140
Ok I'm actually more qualified to talk about this than most anons. I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

>> No.23510636

>>23510511
>How do you cash out though down the line?
Typically through the same centralized exchange you used as your fiat onramp.

>> No.23510816

Buy QNT instead it is performing better and has a lower market cap. Its also just been green lighted by Her Majesties Treasury for use in the UK. You have missed LINK, as an investment. The market cap is already insane and unfortuanely this is often used by analysts to determine investment opportunities or lack of them in this case, see Yearn Finance and what happenend to it once it reached 1 billion MC.

>> No.23511159

>>23510629
So you're telling me this project has confirmed ties to the banking cartel (Iso 20022 compliant, just in time for the Psd2 directive), the cream of the crop of global legal firms and institutions as well as some of the biggest tech companies in the blockchain space focused on the soon to be mass adopted enterprise level smart contracts such as consensys, Microsoft, IBM, docusign, Intel and Digital Asset and that the solution to the oracle problem which it is aiming to solve is essentially the God protocol as described by the creator of the smart contract concept himself, ie one of the main pillars of the fourth industrial revolution and the backbone of the future blockchain infrastructure (10% of global GDP in less than 10 years) that will allow massive automation of post trade processing, thus saving all the biggest markets such as derivatives, logistics and insurance possibly trillions in saving, AND its the only project of its kind due to its blockchain agnostic and decentralized nature and has the first mover advantage, but despite all these confirmed facts it's being largely ignored by the crypto community, although it has gone up from 120 to 45 ranking in a bear market with no marketing just in a couple of months, simply because a dozens of dedicated autistic neets down vote every possible clue about it on reddit and ACTIVELY fud their own investment instead of shilling it, because they're the only ones who realized this revolutionary project would basically replace all the lawyers with neet nodes where 1 link needs to be worth at least 5k usd in order to be sufficient collateral for the quadrillion derivatives market, the same neets who first called btc and eth when no one was taking crypto seriously and have harnessed the power of weaponized autism and meme magick to put Trump in the white house? Do you realize how delusional and insane that sounds? Personally I'm all in.

>> No.23511185

>>23511159
To be fair, you have to have a very high IQ to understand how Chainlink works.
Its superiority is only hinted very subtle, and without a solid dose of advanced autism most of the Lambos will go over a typical /biz/tards head. There's also Sergey Nazarovas very nihilistic outlook, which is deftly woven into his characterisation, his personal philosophy draws heavily from /biz/ shitposting.
The real frens of course understand this; they have the intellectual capacity to truly appreciate the depths of this coin, to realize that it’s not just le funny memes. They know it also says something deep about this society.
As a consequence people who don’t trust Chainlink truly ARE idiots. Of course they wouldn't appreciate, for instance, the genius in Nazarovs iconic catchphrase
"Get in here faggot, we’re gonna save the blockchain"
which itself is a semi-cryptic reference to the amazing russian epic 'Crime and Punishment' or the struggle of life itself.
I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Sergeys genius wit unfolds itself on their screens. What fools.. how I pity them.

And yes, by the way, i DO have my wallet QR Code tattooed. And no, you cannot see it. It's for the ladies' eyes only- and even then they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand. Nothin personnel kid.

>> No.23511284

>>23509296
Yes, hurry up. Not long until a 10x when Arbitrum mainnet is live

>> No.23511418

>>23510636
Thanks that makes sense, used to use that coin base website back in the day. What about the IRS?

>> No.23511480

>>23509296
Buy in now,. Its easy money at this point

>> No.23511526

>>23509316
1k is suicide.

Nulinkers are fucking retarded.

>> No.23511548

>>23509316
This is just wrong. Suicide stack has always been 10 link

>> No.23511552

>>23511526
no anon
Link is not going to 1k anon
It might go to $100 maybe anon
10k is suicide stack anon

>> No.23511596
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23511596

>>23511552
>10k is suicide stack anon

>> No.23511866

>>23509296
yes buy as much as you can. 18 money is irrelevant. go all in you have a small shot at a small stack max wager single bet

>> No.23512002

>>23511866
Would bitcoin or chainlink be a better wager? Should I 50/50 it? or 25/75 btc/link

>> No.23512053

>>23509333
RiP faggot OP

>> No.23512233

>>23511159
JFC cunt learn some fucking grammar that was a painful read

>> No.23512379

>>23509296
Yes do it. There is literally no way to lose with LINK other than swinging or early selling

>> No.23512392

>>23510140
just believe in something - even if it means sacrificing everything

>> No.23512921
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23512921

>>23510140
And don't forget the first rule of crypto.

>> No.23513072

>>23509316
10K is suicide stack