/biz/ - Business & Finance

[Anonymous No.3859709]

That's not a head and shoulders, right?

right?????

[Anonymous No.3859726]

lol that is by the book, a head and shoulders pattern.

[Anonymous No.3859735]

>mfw if LINK turns out to be one big meme

[Anonymous No.3859743]

>>3859709
No.

[Anonymous No.3859751]

>>3859709
No, this is a classic one-armed-ettin pattern, future gains guaranteed.

[Anonymous No.3859770]

>>3859709
You realize the whole book of technical analysis is just a load of horseshit that, like fortune telling, has no predictive ability but can be made to seem perfectly correct in retrospect?

[Anonymous No.3859828]

>>3859709

[Anonymous No.3859843]

>>3859709
#1 rule in charting is that the pattern is meaningless until it confirms
in this case a candle close under 7492 would be the confirmation and target would be around 6000

[Anonymous No.3859867]

>>3859743
>USD

lol link bagholders are adorable show it in bitcoin value sweetie

[Anonymous No.3859897]

>>3859867
>keeping track of one highly volatile asset by comparing against another highly volatile asset

Pure stupidity.

Also, what do you pay the bills with? What do you buy lambos with?

[Anonymous No.3859905]

>>3859770
Literally every person who makes serious money in crypto with correct short and medium term calls (not longterm investing, of course it's gonna go up over 6+ months), does so by perfecting their TA and combining it with an understanding of the market psychology and good research. It's just on here that fucking teenagers refuse to put in some effort and join the big boys and would rather jump from one PnD to the next, while scoffing at anything resembling trading/investment competence.

[Anonymous No.3859906]

>>3859897
>LINK bagholders have emotional attachment to USD

Really makes you think.

also
>implying you're buying anything except a ticket to the poorhouse with your 1 billion-coin LINK

[Anonymous No.3859920]

>>3859906
>>implying you're buying anything except a ticket to the poorhouse with your 1 billion-coin LINK
So ominous, wow.

[Anonymous No.3859953]

>>3859920
1 billion coins. No blockchain. No company. No tech. Nothing. not even a github. Just an empty ERC token.

Bitbean has 2 billion coins, only twice more than chainlink. You believe bitbean is worth 25 cents a coin, correct? I mean, it has an actual codebase and a reason to exist.

[Anonymous No.3859991]

>>3859953
>1 billion coins.
They will only be released as the network grows.
And as the network grows, so does the value of LINK. Exponentially.

[Anonymous No.3860000]

>>3859905
Lol, then why has technical analysis never been shown to be predictive in a falsifiable way to be better than chance? TA is written like horoscopes so you almost always think it's pretty right.

It'd be so easy to prove. Make your predictions every day in a way we'll be perfectly confident you're right or wrong about (XMR to under $50 by the end of the day- SELL). We'll then be able to see how often those predictions come true, and importantly, how often you're beating a strategy of just holding.

[Anonymous No.3860008]

>>3859991
>they'll only be released when the developer decides

So, in other words, a single-man "dev team" holds 550 million chainlink and decides when to give them to his friends?

>And as the network grows, so does the value of LINK. Exponentially.


Lmao you know who said this? Byteball scammer developers.

Okay sweetie let me know how that goes.

[Anonymous No.3860014]

>>3859953
>No company. No tech. Nothing. not even a github. Just an empty ERC token.
Ohhhhh boy.

Allow me to enlighten you, anon.

- beastly use case
>(mainstream fucking smart contracts)

- rock-solid fundamentals
>(peer-reviewed white paper featuring Ari Juels)

- practically finished working product
>(v1.0 of network done)

- major partnerships and endorsements
>(SWIFT, Cornell, Gartner, WEF, ...)

- massive marketing event coming up at SIBOS
>(invited by SWIFT as the ONLY external crypto dev to do a demo)

- sky-high interest from some of the biggest players in global economics
>SWIFT, WEF, Capgemini, Gartner all underlining the importance of smart contracts and mentioning Chainlink/Smartcontract.com by name

Sources for this last bullet point:

WEF: http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24
World economic forum talking about smart contracts and crypto as a technological tipping point, specifically mentioning Chainlink/Smartcontract.com by name

Capgemini: https://www.capgemini.com/consulting/wp-content/uploads/sites/30/2017/07/smart-contracts.pdf
Massive consultancy and IT firm Capgemini devoting an entire report to the importance of smart contracts, specifically mentioning Chainlink/Smartcontract.com and Sergey Nazarov by name as the only providers of a smart contract solution that can use external data

SWIFT: https://www.swift.com/node/39911
SWIFT itself saying how "Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

Gartner: (see pic)

tl;dr not only are the very biggest global economic players tripping over themselves to adopt blockchain tech, they are specifically lusting after smart contracts, AND mentioning Chainlink/Smartcontract.com specifically.

[Anonymous No.3860038]

>>3860014
SWIFT has nothing to do with LINK. Sibos had nothing to do with LINK. Thanks for playing.

[Anonymous No.3860050]

>>3860038
>SWIFT has nothing to do with LINK. Sibos had nothing to do with LINK.

https://www.sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry

I hope you realize this weaksauce fud of yours has the opposite effect on people.

[Anonymous No.3860072]

>>3860050
https://www.coindesk.com/unanimous-swift-blockchain-success-sets-stage-sibos/


Huh, looks like your shitty little pump and dump isn't included in the real news about sibos. Amazing.

[Anonymous No.3860094]

>>3859843
>>>3859709 (OP)
>#1 rule in charting is that the pattern is meaningless until it confirms
>in this case a candle close under 7492 would be the confirmation and target would be around 6000

What time of day is considered a candle being closed?

[Anonymous No.3860140]

>>3860072
That article is about SWIFT's DLT project.

SWIFT itself outlines two main pillars for the future development of finance:
1) DLT
2) Smart contracts

As you can see in your article, pillar 1) (DLT) is well underway.
As for pillar 2) (smart contracts), the ONLY thing SWIFT has lined up so far is Chainlink.

Source: https://www.swift.com/node/39911
>"Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

[Anonymous No.3860159]

>>3860140
oh man none of that mentions your shitty little pump and dump wow it's almost as if chainlink is a scam using the name SWIFT and sibos and pretending to be this distributed blockchain technology that swift already has ready.

[Anonymous No.3860171]

>>3860072
lol

fuck chainlink

[Anonymous No.3860183]

>>3860159
It mentions smart contracts as one of the two main pillars of future finance.
And the Chainlink relationship is literally the only SWIFT project that involves smart contracts.

>pretending to be this distributed blockchain technology that swift already has ready.
Chainlink isn't a "distributed blockchain technology", it's a technology that connects to that.
In the case of SWIFT, Chainlink connects to its DLT: Hyperledger Fabric.

[Anonymous No.3860191]

>>3860183
Then why is your shitcoin dropping in value per hour

[Anonymous No.3860215]

>>3860191
It's still at 44 cents.
Just a couple of cents shy of the ATH.

It's been holding strong at this level for almost two weeks, which is pretty damn amazing for a coin this young, and in the middle of the bitcoin moon shitstorm.

[Anonymous No.3860230]

>>3860183
>>3860215

Mhmmmm
>SWIFT partnership!!
>all swift press releases mention their own independent technology and zero partnership with this stuttering pothead's 1 billion coin scam

This is the next OMG/DGB

[Anonymous No.3860240]

>>3860094
...when the next candle shows up on the chart
I dont know what time scale OP is using. those could be 30 min candles for all I know.

[Anonymous No.3860242]

>>3860230
>mention their own independent technology
... which Chainlink is explicitly meant to attach to.

[Anonymous No.3860260]

>>3860242
alright bagholder-senpai. just HODL :^)

[Anonymous No.3860484]

looks like the ltcbtc paterrn just longer

[Anonymous No.3860574]

>>3859770
>muh TA is a meme
TA is a good guide, even if it's not possible to predict markets, many traders use these meme lines to make their moves, therefore it becomes a self-fulfilling prophesy, that's what many of you tards have to learn. But for the record, I use the word guide, because the patterns won't occur 100% of the times

[Anonymous No.3860626]

>>3859709
Knees and toes, knees and toes; eyes ears and mouth now fuck off with your useless technical analysis