/biz/ - Business & Finance

[Anonymous No.28326878]

ITT: laugh at the autists still holding chainlink. it's like those retards still holding GME

[Anonymous No.28326983]

>>28326878
I almost forgot it's time to shill FUD, thanks for reminding me. Gonna go make a thread right now

[Anonymous No.28327261]

>>28326878

https://mobile.twitter.com/CoinDesk/status/1359441536459689990?s=09

Imagine not hodl when mass adoption happens this year.

[Anonymous No.28328853]

>>28327261
This is old news

[Anonymous No.28329065]

>>28326878
It's up 50% for last month

[Anonymous No.28329381]

>>28329065
avax is up 80% today

[Anonymous No.28329391]

Daddy's home, faggot

[Anonymous No.28329450]

Ok I just sold. Go ahead and pump it to $1000 you fucking dirty greedy kikes

[Anonymous No.28329889]

$100 waiting room

[Anonymous No.28330121]

Everything happening in crypto right now is just position taking, players making chess moves so that they have the strongest position when we finally reach the major 'inflection point" (in Sergey's words) where the infrastructure for mathematically guaranteed contractual execution is sophisticated enough, that large, risk averse institutions begin to use it.
Once that point passes, it will be our dot com bubble, our SaaS, as everyone else piles on. A bullrun to eclipse every other, a 100x for Chainlink no matter what it's worth beforehand, and afterwards a stabilization and legitimacy for DLT products that will make everything that came before it look like penny stock trading. Everything in crypto NOW is just games to be in the best position when that happens.

But it's a couple of years away, bare minimum. 2-5 years realistically. That's a LOT of time for retail sentiment to hit a wall and get drained, that's a long time for ETH to congest, no new solution to be pulled out of a hat, and for the incredibly dumb money (which has been back in crypto for the last 3-6 months) to get BTFO with red candles and mooch off again saying "it's all a scam". Chainlink is boring because Sergey is only interested in that 20 year global domination timeframe, he doesn't give two shits about stirring up retail sentiment and he never did.
BUT, does that mean we are about to hit the wall, have a mini peak, and then go bear for another year or two while the whales drain the new money and get their ducks in their final row? There's a reason to believe that it's not necessarily going to happen like that.

The 2017 bullrun "failed" because ETH congestion and the simplicity of the products hosted on it meant that as soon as retail couldn't use it any more, it was over. Retail hysteria was driving the ridiculous valuations and once they hit a wall, the lack of actual use became apparent and the floor fell out.
1/2

[Anonymous No.28330631]

>>28326983
>Gonna go make a thread right now
link it so i can do the coffee fud for you

[Anonymous No.28330795]

2/2
This time we have a slew of actually useful DeFi products, with demonstrated track records of contract security and mathematically guaranteed returns that absolutely dab on traditional finance vehicles (as IRL interest on cash dwindles to 0.5% and lower, and trust in tradfi institutions hits ATL on the back of Robinhood bullshit).
The growing legitimacy and confidence in these DeFi products, coupled with their rapid increases in sophistication and interoperability (read the Chainlink blog post on Composability if you haven't already, it's one of the most important posts in recent times) means that the attractiveness of DeFi products as a legitimate alternative to brand based, tradfi investment vehicles is growing every single day.
And when you cross the bridge of understanding and realise that the gains in DeFi aren't "just as real" as the gains in real life, they're BETTER because the guarantees of decentralisation and smart contracts are BETTER than the guarantees of existing products, then you realise that DeFi is a global asset class with a negligible global market cap that HASN'T EVEN STARTED sucking up the big boy money that will eventually be hosted on it.
And the thing with high value retail coming on board (they've just figured out Bitcoin, give them time) is that they don't give a fuck about $100 ETH fees, or $1000 ETH fees. Not when you're moving $10m a transaction.

So the question is simply whether the growing momentum and credibility of DeFi, spurred on by external conditions that are a literally perfect when it comes to highlighting the value of mathematically ensured execution, can maintain enough enthusiasm and capital inflow to keep us bubbling and bullish until "the big adoption" finally happens. I don't have an answer to that, though, we'll find out pretty soon.

[Anonymous No.28330831]

I CAME ONTO THIS BOARD AS A REJECT
LOOK AT ALL THESE BAGS
THEN YOU'LL SEE THE WEIGHT OF THESE SATS
DWELLIN' ON THE PAST
IT'S BURNIN' UP MY BRAIN
EVERY TOKEN HELD HAS TO LEAVE ME IN PAIN

HEY, I THINK ABOUT THE DAY
MY SERGEY RAN AWAY WITH MY PAY
WHEN NICO CAME TO SAY
NOW I'M STUCK HOLDING BAGS THAT HE DUMPED
AND I'M JUST A SUCKER WITH NO FUNDS AND I'M BROKE

LIKE A CHUMP, HEY
LIKE A CHUMP, HEY
LIKE A CHUMP, HEY
LIKE A CHUMP, HEY
LIKE A CHUMP, HEY
LIKE A CHUMP, HEY
LIKE A CHUMP, HEY

SHOULD I BE BUYING MORE? (no)
SHOULD I SELL INSTEAD? (no)
IT'S KINDA SAD, I'M THE LAUGHING STOCK OF THE FORUM THREAD
AND YOU WOULD THINK I'D BE MOVING ON
BUT I'M A SUCKER LIKE I SAID, GETTING DUMPED ON MY HEAD

AND MAYBE SERG MADE A MISTAKE
AND I SHOULD GIVE HIM A BREAK
MY WALLET ACHES EITHER WAY
HEY, WHAT THE HELL, WHAT YOU WANT ME TO SAY?
THEY WON'T BUY, THAT I CAN'T DENY

I DID IT ALL FOR THE LINKIES
COME ON! THE LINKIES
COME ON! SO YOU CAN TAKE THAT STINKY
AND STICK IT UP YOUR YEAH
STICK IT UP YOUR YEAH
STICK IT UP YOUR YEAH
STICK IT UP YOUR

I DID IT ALL FOR THE LINKIES
COME ON! THE LINKIES
COME ON! SO YOU CAN TAKE THAT STINKY
AND STICK IT UP YOUR YEAH
STICK IT UP YOUR YEAH
STICK IT UP YOUR YEAH
STICK IT UP YOUR

[Anonymous No.28330875]

>>28326983
>shill FUD

[Anonymous No.28330933]

>>28326878
I told myself id hold until $100

[Anonymous No.28331109]

>>28326983
>shill fud

[Anonymous No.28331145]

>>28326878
Kek. How many link are you holding OP?