/biz/ - Business & Finance

[Anonymous No.5424698]

What is happening with LINK? I can't understand the chart at all. Everything I think it'll do it does the opposite.
The binance bots are acting irrationally, too. No fucking idea whether to sell.

[Anonymous No.5424718]

>>5424698
who gives a shit, by mid 2018 it's 1 dollar a coin, that's all you need to know

[Anonymous No.5424746]

>>5424698
At these prices in btc the day traders have way more btc to pump the price. It's an all out war.

[Anonymous No.5424801]

>>5424698
I don't know but it's stupid, 1000 sat swings are retarded after weeks of even 100 sats being big. Nobody knows the actual value of this thing anymore, and I mean currently, not future value. It SHOULD be around 30-40cents right now, not 70-80cents.

[Anonymous No.5424926]

Yea the bots are obviously fucking around right now much more obviously than over the past few days of volatility.

>>5424801

Are these swings happening to every coin? Everything got fucked up when it broke 3400 sats two days ago then mooned as btc dumped. it's not known what do do since.

[Anonymous No.5424962]

>>5424746
This, combined with LINKies being married till death with their coin, means the sell walls are brittle. THese small walls combined with LINKies new found buying power, well, there you go.

Personally I'm delighted for them. I onyl have 10K, which I picked up at 1700 sats, but look at their persistence and patience. If ti ever goes sub3k I'll pick some up, otherwise it's too volatile for me. I'm all about those btc and eth gains, while LINKies are all about LINKie gains.

[Anonymous No.5424970]

>>5424926
>Are these swings happening to every coin?
Others alts crash as Bitcoin drops significantly, but no where near as much volatility as LINK. No, most things only increase 10-20%, not 50-60% under 12hrs with no news like LINK. This is why I do not believe the growth is organic and that it will crash again.

[Anonymous No.5425318]

>>5424970

There are absolutely pnd groups involved. Doesn't matter though as most linkies are hodlers and won't sell. Hell some even bought at 60 cent.

[Anonymous No.5425377]

>>5424718
>mid 2018
>1 dollar
that's a very pessimistic outlook

[Anonymous No.5425401]

>selling your link

You are weak, not gonna make it. Linkers do not sell, only buy.

[Anonymous No.5425409]

>>5424698
Don't you fucking stinky linkies fucking get it? You're not gonna make it with your fucking erc20 shit token. You need to invest in other opportunities. Seriously just market sell all your chainlinks, ASAP. Sergey is already backpacking throughout Southeast Asia as we fucking speak telling people he's retired. It's over. Sergey's salty surprise is gonna be the exit scam announcement. Datadash was right, SWIFT cancelled the partnership because Sergey's a fucking russian scammer. It's a pity too, the project had so much promise but that's because it was never real in the first place. Steve isn't even a real fucking person. Rory said he's never actually heard Steve's voice in the Slack. The building their website says they're at is a run down hole in the wall indonesian restaurant. The house of cards is falling and Sergey knows people are starting to smell his exit scam. That's why he's vanished from all social media and forms of communication. He's in hiding backpacking asia filling his money belly until this all blows over.

It's fucking ogre guys just fucking sell those heavy ass bags.

[Anonymous No.5425433]

>>5425409
NICE FUD, FAG. WE DO NOT SELL. WE HODL. AND THEN BECOME MILLIONARIES

[Anonymous No.5425550]

>>5424718
subtle FUD, nice

[Anonymous No.5425579]

>>5424801
>Nobody knows the actual value of this thing anymore
>It SHOULD be around 30-40cents right now
Make your mind up

[Anonymous No.5425595]

for the last 3-4 days someone has been putting in a steady stream of market buys all day every day. Looking at the LINK order book is almost meaningless right now

[Anonymous No.5425631]

>>5425318
i buy more every paycheck i dont give a fuck what price it is as long as it's under $5

[Anonymous No.5425892]

>>5425595

the bots are doing a ton of their sub 1000 buys and sells rn. to what end I don't know

[Anonymous No.5426284]

>>5424698
Not that long ago I was ridiculing the people that said LINK would be $1 before EOY, maybe I shouldn't have done that.

[Anonymous No.5426311]

>>5426284
it's meme magick, always works in the end
just like when people said wtc wouldn't crash on 9/11, followed by it rising like a phoenix

[Anonymous No.5427000]

>>5424698
daily remainder that I'm buying up all the LINK, every 30 minutes I send a minimum of 1 eth and I buy. I have more than 100k and I plan on stopping at 1 Million.

[Anonymous No.5427053]

>>5427000
Bullshit. Show your transaction history.

[Anonymous No.5427079]

>>5427000
trips of truth. i believe u 100%

[Anonymous No.5427136]

>>5424698
Everybody wants link but they are also trying to trade it to increase their stacks. TA doesn’t work because everybody try’s to predict things and they are all watching the same chart as you.
You are gambling vs other ppl. The bots are going crazy because they need to balance the eth and btc link pairings in fiat value and the human element is chaotic.

[Anonymous No.5427143]

>>5427000

honestly thats what it looks like. Either you doing that or bots.

[Anonymous No.5427154]

>>5427053
https://etherscan.io/tx/0xd766eff6939eb60c31316649a4d1dc5df7a8f7e2eac6726352194327cdb06085
I day trade btc with leverage on bitfinex, send it to binance, buy link. I already have lots of LINK but the panic and fomo from no-linkers yesterday convinced me that this coin is going to the stratosphere.

And pic related for the early linkers, I'm the link fag that was around from day 1. Enjoy your day fellow linkers

[Anonymous No.5427184]

>>5427136
when you put a modicum of thought and realize that you can play off what other people see...

[Anonymous No.5427219]

>>5427154
That is just a random transaction. Show your binance history.

[Anonymous No.5427248]

>>5427143
I do that, but hundred of other people are buying up link. First of all its coming on poloniex ( can be a matter of hours or days), second of all the minute swift mentions/tweets about it we're top 30 and it will be too late for no-linkers

[Anonymous No.5427285]

>>5427184
They think that too. Plus you have pajeet groups pumping and dumping. There are safer cryptos to trade and make money on, which you can then use to buy more link. I keep my link safe and trade elsewhere then add to it with profits.

[Anonymous No.5427299]

>>5427219
This is the LINK I have on binance, the rest is on my ether wallet that I'm not willing to share.

[Anonymous No.5427332]

>>5427248

What in the world evidence is there for poloniex? Sergey has been following them for at least a month so that wasn't new information. Other than that I don't see any reason to think it's coming to poloniex soon.

[Anonymous No.5427338]

>>5424801

>the price isn't what I want it to be

[Anonymous No.5427365]

that fucking dump 0.888888888888

[Anonymous No.5427369]

>>5425433
I do not understand faggots on /biz/ anymore

I got super mad yesterday, figured this is a shitcoin and I have 35k in link

I didn't sell anything but have been thinking about it, this is a legit scam isn't it. You fucks are lying and pumping every fucking day

[Anonymous No.5427519]

>>5427369
>my fud is legitimized because i own the coin i am talking shit about

[Anonymous No.5427542]

>>5427369

Out of all of the single platform limited use shitcoins that will 99% chance not exist in 6 months time you decide the one with the biggest use case out of literally anything since Ethereum is a shitcoin.

You are literally a faggot.

Go back to frying your neurone with BBC cuck porn.

[Anonymous No.5427562]

>>5427332
Simple logic, if you know sergey you knwo he wouldn't start following an exchange without knowing he is about to be listed on it. Sergey does all he can to not hype his coin because it would damage his business relation with reputable companies such as swift. He would never ever follow poloniex without knowing he is about to get listed ( maybe following poloniex even is a requirement for listing or wtv). Poloniex is fine and has users, will push the price up greatly and drive mainstream knowledge of LINK

[Anonymous No.5427651]

>>5427338
So tell me why the price should rise over 30cents without any reason? This sort of movement is akin to the main net going up or something. Look at REQ for example, it's price scales with announcements and progress on the project. No news, price falls. Good news? Price goes up. LINK is mooning like someone literally just finished the project. If you're not even questioning that, you're retarded if it suddenly crashes. This was stable at 30-40 cents but days ago. It could go back there or lower. A pump without reason is dangerous.

[Anonymous No.5427665]

>>5424698
150% gains in a month...
trying to figure out if they should sell...
link $1.00 in a month..
omg.. guys.. my noodle fingers..
can't hold for a month...

AAAAAAAAAAAAAAAAAAAAA

picture is you next year, when we're arguing about $3.00 chainlinks..

[Anonymous No.5427691]

>>5427542
Link just doesn't make sense anymore, they shill everyday and in the morning say congats link is a good hold

Than at night link is dying and everyone laughs and sells, this is a shit coin or someone is playing games here and it is still a good long term hold.

I don't know anymore, but counting pennies here with my 35k in link is ridiclous, the big guys make all the money and you are lucky if you will break 100k sometime next year

[Anonymous No.5427747]

>>5427691
Clear uptrend with good indicators on the 1 day chart. Stop trading with 5 minute candles you'll make no gains

[Anonymous No.5427869]

The 0.50+ pricing is because of the eoy announcement. The closer to mainnet launch the higher this will go. After launch and partnership announcements expect OMG levels of pumping and billion dollar caps with barely a functioning network. Expect /biz to make it.

[Anonymous No.5427982]

>>5427869

What the fuck was up with people market buying millions of dollars on binance. That's not usually how it goes down.

[Anonymous No.5427994]

>>5424698
This what happens when the small number of niche exchanges meets accumulations bots meets fomo meets speculation all before the product has been released

[Anonymous No.5428036]

>>5427651
>doesn't even know this is basically already a working product that just needs some finishing touches
>thinks LINK is being pumped, while complete vaporwave shitcoins skyrocket at x20 rates left and right

at least do some research

[Anonymous No.5428100]

>>5428036
It fucking is being pumped. Sergey is a scammer

I found a link to some website talking about Sergey, this is a fucking scam. Get it out of your hed, you are being pumped and dumped until this coin is worth nothing

There is no fucking product at all. also the "solution"? chainlink presents is a joke since it isn't a real problem and chainlink doesnt have a legit solution at all

[Anonymous No.5428108]

>>5427869
/biz/ always makes it, unless you fell for pajeets pdn such as rdd or shit like this. Biz made it with btc/eth/neo/omg/stratis/dgb. Only newfags brainlet that can't differentiate pajeet shilling from genuine excitement get rekt

[Anonymous No.5428136]

>>5428100
you're doing gods work anon
please let this drop back to 20c

[Anonymous No.5428184]

>>5428108
this anon is right. Instead of looking at charts every minute buying high, selling low, just invest and come back next year rich.

[Anonymous No.5428192]

>>5428136
Cat is out of the box, I wish it would drop to sub 20c. But lets face it we had october and november to accumulate hard, if you didn't its your fault now buy high which is still low in the grand scheme of things.

[Anonymous No.5428201]

>>5428100
>chainlink presents is a joke

damn it, you're right, sergey promised fucking christmas presents for everyone holding more than 10k LINK.
WHERE ARE THE FUCKING PRESENTS, SERGEY???

[Anonymous No.5428209]

>>5428136
I don't understand what is going on with link anymore, feels like it is a scam and the posters on /biz/ just keep shilling away. The people with millions of links are making the real money right now and pumping and dumping with bots, while the rest of us wont make shit

[Anonymous No.5428217]

LINK: The Prophecy of the Cup.

[Anonymous No.5428247]

>>5428192
but my XLM gains hadn't appeared yet.

[Anonymous No.5428275]

>>5428192
lessons learned I guess
when was the TFIWS stuff out? then it got confirmed right

[Anonymous No.5428281]

>>5427154
very nice. you will be worth $100 mill next yr.

[Anonymous No.5428314]

>>5428217
no please, bigger red candles, please

[Anonymous No.5428318]

>>5428247
should have been in XLM when link started dropping, and u should have sold xlm yesterday or smthing.

[Anonymous No.5428394]

>>5427369
Well think about it. What does /biz/ claim about his coin? They say the technology is innovative, amazing, the most important thing since ETH.

What is this coin actually? An oracle. A JSON parser. Don’t get me wrong, oracles are important. But innovative or anywhere near as important as the shills say? No, it’s overhyped on here. The people who overhype the tech either don’t understand what an oracle actually is and just get excited when they see the technical jargon, or they’re lying to get you to buy.

[Anonymous No.5428413]

>>5427651
How new are you to crypto? This shit happens all the time.

[Anonymous No.5428471]

>>5428209
10k is all you need to make it

[Anonymous No.5428500]

>>5428394
So mr Genius; explain in a few proper sentences what the shills have wrong, and what is overhyped?

All i read is ad-hominems.

[Anonymous No.5428516]

>>5428394
Vitalik plz go, aren't you basically a Ripple shill also?

[Anonymous No.5428519]

>>5428471
Yea, but the problem is people saying this will go to $100 bucks one day?

hahaha, you have to wait for a year or two before it even hits 25 bucks

[Anonymous No.5428549]

>>5428394
The point is first mover advantage and early adoption, both of which are going to make Chainlink very successful. How new are you to crypto?

[Anonymous No.5428614]

>>5424698
>>5428217
>>5427869
>>5427000
>>5427562
>>5427248

Fucking hell you guys. I was told that Link would dip in January and that the pump was just because it's a bull market for all alts. I was almost done accumulating link (got 35k) so I don't feel like I am missing out, but I started dumping paychecks into other stuff in the meantime since Link has been so expensive all month now, trying to do 2x's on other coins so I can buy way more link in January.

Please tell me this pump is just a PnD and it will dump afterwards. I want to at least make it to 40k, but hopefully 50k fuck.

[Anonymous No.5428664]

>>5428614
I hope it dumps too desu, I'm waiting a few weeks for ICX to go into orbit before redirecting profits into LINK.

[Anonymous No.5428674]

>>5428614
Chances are very high of it dumping again tonight, but who knows after that.

[Anonymous No.5428700]

>>5424698
Scam coin

[Anonymous No.5428762]

>he thinks looking at fucking charts is how you invest
Lol

[Anonymous No.5428789]

>>5428471
got 3k, working on moving up the linkmarine rank

[Anonymous No.5428797]

>>5428664

I was gonna do that with Fun too, but looks like Link might take off before Fun now. I really like my Fun holdings but am considering selling now to get Link when it dips, I've already 3x'd myself on Fun anyways.

I would like to hold Fun to $1 though fuck.

>>5428674

Hopefully. But man I want this back int he 20 cent range. Fuck I'd be happy with it in the 30 cent range at this point. Majority of my purchases where in the 16-19 cent range, with a big purchase at 15 cents, and my last purchase was at 29 cents and I felt like an idiot for weeks after it dumped down to 22 cents after being at 28-32 for a few days early in the month. I feel like buying now is paying a huge premium, I want more Link but I just can't do it, fuck. So used to getting this cheap.

[Anonymous No.5428814]

>>5428275
TFIWS?

[Anonymous No.5428841]

>>5428281
Between 1 and 3 million most probably. I'm conservative and realistic, I'm not going to sugarcoat it for people with <10k link, yes you're going to make good return but if you can afford to buy more, do it.

[Anonymous No.5428882]

>>5428841
>SWIFT

[Anonymous No.5428918]

>>5428814
the evil counterpart of SWIFT

[Anonymous No.5428952]

>>5428394
Link is a decentralize data provider ECOSYSTEM. The reason why Eth is valuable isn't because it allows you to make a nice dapp, but because by building your dapp you now belong to a whole decentralize ecosystem.

Dapps are important yes, far from being efficient ( see cryptokitties), but data is more probably the most valuable thing of our generation.

[Anonymous No.5428954]

>>5428918
>mfw I had just watched a video on LINK moments before it took off, and the info was right there

[Anonymous No.5429261]

>>5428797
Yeah I feel you. I did the same thing, FOMO'd in at .30cents because I was convinced the price was never going down again, and then it crashed. Seems like a lot of people forgot about that. 50cents might be the new 30, then. This would only crash to 20-30 at most.

[Anonymous No.5429358]

It hit a new floor of 50 cents yesterday.

It thought that was leading straight into the moon mission because the chart was parabolic so it rocketed upwards.

But it was overbought so it dropped to let off some steam.

The drop is mostly within the lines it needed to be to continue carrying up, and now is definitely back on track to continue climbing.

Next rally will be within the next few days and will push above $1. For now it'll trade sideways around 50 cents for most of today and maybe tomorrow (Christmas... though thinner volumes tomorrow may push the price up quick too if some people start FOMOing any rises it shows).

[Anonymous No.5429548]

>>5429358
I hope this gets in the dollar range before some actual amazing news gets released. If $1 is the floor, sky is the limit.

[Anonymous No.5429620]

>>5429358
The drop was because of btc shitting the bed hard at night

[Anonymous No.5429644]

>>5429548

We'll see it before EOY still I think. Barely, but we'll get there lol. The long term trends on it are looking favorable for the price to keep climbing so I have no doubts $1 will be the new floor soon enough. Just not entirely sure where the short term top will land yet. My bet is we'll see $1.50-2.50 within the next couple weeks though.

BTC's upcoming crash + bleed may make the price volatile and fucky, and may lower the price if we see a massive pullback to fiat, but relatively speaking I think we're still good for growth.

[Anonymous No.5429688]

Of everything, LINK is the comfiest hold that I will never lose sleep over. Could drop back down to $0.01, could rise to $5, it doesn't matter. Sergey will deliver in the end and then all that matters is nodes. I'm done fucking around caring about exchanges.

[Anonymous No.5429692]

>>5429620

It was, but it was also due for a correction even if BTC was stable. It was overbought on a lot of the charts and would have had a hard time breaking 75 cents, let alone rallying up to $1. It needed that correction back to 50 cents (slightly below since people started panic selling) to confirm 50 cents was the floor before we were going to see an attempt at a huge swing up. The BTC price shifting at the perfect time was mostly coincidence.

[Anonymous No.5429713]

Do you guys think we will see below .40 cents again?

[Anonymous No.5429789]

>>5429644
if polo and bittrex happen yes I think that price range is possible. It's likely only one exchange might come through. I thought Bittrex because they were testing the wallet but Sergey adding Polo to his twitter makes me think this may be possible too.

[Anonymous No.5429805]

>>5429713
Maybe but I don't think so, those who wanted to sell sold, those who sold post sibos are looking to rebuy soon, when btc moons back to 20k we might dip on a btc ratio a little but increase in dollar value for sure

[Anonymous No.5429825]

>>5429805
What about REQ, would you invest in REQ as well to link?

[Anonymous No.5429828]

>>5429789
Polo has always been a bit shit, and bittrex is really fucking up with their slow servers... Binance is getting more volume by the day its impressive

[Anonymous No.5429855]

>>5429825
I don't know enough about req desu so can't comment. I focus mainly on eth/xmr/xrp/iota for trading and LINK/ BTC for long term hold/ accumulation

[Anonymous No.5429915]

>>5429828

Ya desu I'm not all that worried about exchanges. Yes Binance is botted and manipulated to shit, but this is still super low volume so that kind of manipulation is way easier/to be expected. Once more people take notice of LINK and decide they want a piece of it in their profile we'll see way larger volume and way less successful manipulation.

I look at TRX. I could have bought in cheap when the volume was super low but didn't, and then one day the volume exploded and the price exploded with it. It trades 13k BTC/day vs LINK's recent 1k /day (300-500 avg for a time before that). There's still a ton of room to grow volume on Binance alone before we worry about other exchanges.

[Anonymous No.5430070]

You guys see that video about how much the actual link itself is worth. Seems pretty convincing actually and it worries be desu

[Anonymous No.5430105]

>>5430070
what video? post link

[Anonymous No.5430107]

>>5430070

What video

[Anonymous No.5430135]

>>5424698
where is yesterday TA analysis retard, he says it goes below 20 cent. my ass. if some one come up with TA. call them motherfucckers they dont know shit about crypto +TA

[Anonymous No.5430183]

>>5430070
kek I saw that video, arguments come out of his ass. The bond market only is a trillion dollar business, chainlink's PoC with swift is for bond payments. Only the bonds

[Anonymous No.5430184]

>>5427982
It's because whales are dumb. If they are market buying en masse and driving the price way up, you should take it as your ticket out of here because that's a clear sign the project is going nowhere. Thank me later, anon.

[Anonymous No.5430240]

>>5430184
fuck your mom dude

[Anonymous No.5430251]

>>5427982

Convinced this is insider trading at this point. Honestly I'm pissed because I could accumulate to 10K like I hoped. Only 5.5k.

[Anonymous No.5430257]

>>5430184

why would whales acting dumb imply anything about the project?

[Anonymous No.5430277]

>>5430184

Its institutional money looking only at fiat prices and trying to acquire as much of it from the open market as they can before other partners grab it.

They all got the same memo, and it all said to invest early to avoid compliance costs. Smart money has been accumulating ahead of the memo, but now we'll see thousands of parties trying to grab what they can while they can. The lid will come off the LINK price early January once people are back to work.

[Anonymous No.5430304]

>>5428394

>(1)

[Anonymous No.5430321]

>>5430304

I have the most confusing boner right now.

[Anonymous No.5430366]

>>5427982
insiders accumulating

[Anonymous No.5430378]

>>5430257
it's just a prank bro.

>be rich as fuck
>buy a useless token en masse so it looks like there's great demand
>schmucks buy too
>it dumps hard afterwards, and you wasted like a million dollar, but you PRANKED a lot of people in the process. totally worth it.

[Anonymous No.5430380]

>>5430277
>said to invest early to avoid compliance costs

Where the fuck is this? I've seen this posted many times but haven't figured out where they're getting it from

[Anonymous No.5430403]

>>5424718
Kek I know this is fud but we could honestly see $1 any one of these days. We'll probably get some heads up as it'll moon hard, but I bet it will happen faster than most people think.

[Anonymous No.5430418]

>>5430183
If there are only 1700 node operators and lets triple that to be conservative. Then say they each need 20k to stake that’s 100million and only a small number are being put up at any time and also how many fucking people do you need to verify a contract. what’s going on w the other 900 million coins?

[Anonymous No.5430444]

clearly trend reversed, even whales also not able to suppress it. even they did for few hours, it raising immediately. good sign for linkers. though i dont have any link

[Anonymous No.5430467]

And I know it’s a trillion dollar market. That’s like saying the internet is a quadrillion dollar market so my little blog is worth billions now bc it’s on the internet. I honestly think this is why sergey is not nearly as excited as us make link holders.

[Anonymous No.5430492]

>>5430418
Simple, just make each coin worth a fraction of what they are right now. I hope you bought in low because there's no real reason this will be a high priced coin.

This was always a buy low, wait for SWIFT news and the inevitable 10x+ and dump your bags. This is a fantastic speculative hold but the token won't be worth much.

[Anonymous No.5430513]

Jim Carrey will die before LINK ever reaches $1.

[Anonymous No.5430523]

STOP SHILLING ON HERE AND START SHILLING ON OTHER FORUMS AND REDDIT

literally no one who isn't a complete autists knows about this coin. it has no exposure whatsoever. exposure = lambo's

[Anonymous No.5430527]

>>5430492
Agreed. At this point even a 5x profit would be ok with me, I just want to get rid of these bags before it dumps forever.

[Anonymous No.5430544]

>>5430492
That’s what I’m saying. I mean I’m in from 20 cents w 50k but a lot of linkers are expecting to see a $100 token as I was, getting thoughts of retiring early off link. Not so sure about that. You’d dump after 10x swift news?

[Anonymous No.5430550]

>>5430444

They're not even really trying to suppress it now. Look at the volume when we hit the top and then look at the volume as it dropped. This wasen't someone pumping and then dumping the top, this is someone just filling their bags and accumulating at whatever price people are willing to sell into.

[Anonymous No.5430591]

>>5430544

Yea I'm thinking of selling it all around $3. So long as crypto speculation mania keeps rolling that or higher is probably easy. I have yet to hear a convincing explanation of why the tokens would be worth very much.

[Anonymous No.5430717]

What am I reading? Are we saying link can't/won't hit $10 or higher? Why not?

[Anonymous No.5430821]

>>5430492
>>5430544
>>5430527
>there's no real reason this will be a high priced coin.
Same could be said for every single coin out there, but these markets don't work that way.
Why is Ripple worth $38B, IOTA $10B? There's no reason for these coins to be so expensive.

If you could explain to me why any of the top 10 coins (Bitcoin excluded) are worth what they're currently worth and why one day LINK can't reach those valuations, I'll agree with your argument.

[Anonymous No.5430822]

>>5430717

It's pretty much common knowledge in the telegram groups that any token without a burning mechanism has no prospect for long-term real valuations but they're keeping quiet about this so as not to spook the regular joes.

My dad is a branch manager at scottrade/td ameritrade and he said that's what gives the USD value, the supply is constantly being lowered becasue people are constantly wearing out bills and they don't make enough to replace them all. Req is a good token with a burning mechanism.

[Anonymous No.5430849]

>>5430717
Chainlink WILL be 100$ eventually, mark my words

[Anonymous No.5430850]

>>5430821
More to the point, unlike those coins LINK can actually provide passive income by staking them to nodes, which even plebs like us will be able to do by pooling them together. Produce income = in demand = higher value.

[Anonymous No.5430886]

>>5430591
>I have yet to hear a convincing explanation of why the tokens would be worth very much.

-basic supply and demand
-nodes that stake a higher amount of LINK are prioritized

[Anonymous No.5430888]

>>5430849
How long would it take? A year or so?

[Anonymous No.5430905]

>>5430821

That's exactly my point. At some point the speculation phase will end and when the projects go live and main nets launch people realize there is no real demand for the tokens. I'm saying wait for the big pump, the price singularity and then get out. There isn't a real mechanism for making the tokens valuable.

[Anonymous No.5430916]

>>5430850
That's not going to happen, private companies are accumulating Link so they can invest in running Chainlink nodes. Think companies are going to use the plebnet with autistic retards staking their 10 link? Nah bro.

[Anonymous No.5430940]

>>5430886

people have started doing the math on this. Check the thread earlier. It doesn't check out. Only a few million link at most would be staked leaving at least 900,000,000 other links with no purpose. Chainlink network will be a success but the tokens have an expected value under 10c

[Anonymous No.5430946]

>>5430888
I don't see it happening in a year no, 2-3 years, and there will be so much FUD and dips along the way but in the end the strong handed will come out victorious

[Anonymous No.5430971]

>>5430403
delusional jesus biz

[Anonymous No.5430977]

>>5430916
So companies are accumulating LINK, meaning there is less of it going around, so when somebody else wants to run a node they can either buy it off us NEETs for ungodly sums or just get us to stake it?

>>5430940
The maths made zero sense. The retard assumed there would be no more LINK nodes than BTC nodes which is absurd.

[Anonymous No.5430980]

>>5430523
>making reddit rich...
I might sell my initial investment to reddit fags at 7 usd and thats about it

[Anonymous No.5430991]

Cup and handle pattern forming on the daily chart. Get in now

[Anonymous No.5431002]

>>5430977
To add to this, it isn't just companies that will be running nodes. Individuals will buy API access and then get the community to stake their LINK to it, with everybody making a profit. There are already plans for this.

[Anonymous No.5431068]

>>5430822
>the supply is constantly being lowered becasue people are constantly wearing out bills and they don't make enough to replace them all

>your dad is retarded

[Anonymous No.5431069]

>>5430523
Playboy playmates are buying it on Twitter so I would say it's starting to get outside of biz.

[Anonymous No.5431117]

>>5430977

the economics of chainlink network make zero sense. Companies will not pay enough for secure smartcontracts to make it worthwhile for node operators to do it and the vast majority of smart contracts do not need the level of security sergey provides. It's baffling that /biz/ doesn't see this.

[Anonymous No.5431145]

>>5430940
>Only a few million link at most would be staked
Wut? BIZ alone will have a few million staked in the LinkIOpool once it opens. There will be sooo many more CL nodes than BTC nodes simply because BTC nodes pay zero.

[Anonymous No.5431174]

>>5431117
>Companies will not pay enough for secure smartcontracts

This is even more retarded. State why you think this. Are you aware of how many billions smart contracts will save companies? Are you aware how many billions insecure smart contracts would lose them?

Literal brainlet wojak.

[Anonymous No.5431206]

>>5431117
It's not about the price of the queries, it's about the volume. And every single smart contact that involves monetary output will absolutely require this level of security.

[Anonymous No.5431207]

>>5431145

>what are diminishing returns
>what is the bystander effect

holy fuck when did /biz/ become so dumb. I really hope people aren't buying link thinking they'll get returns like bonds. At most it will be sub 1% annually. There is no free lunch. Just letting someone borrow your link will not net you very much because the contracts pay nearly nothing to begin with.

[Anonymous No.5431223]

>>5430513
That could be any day now.

[Anonymous No.5431231]

>>5428789

+ Officer Ranks
- General of ChainLink: General Sergey Nazarov
- General: 500001+ LINK
- Lieutenant General: 250001-500000 LINK
- Major General: 175001-250000 LINK
- Brigadier General: 125001-175000 LINK
- Colonel: 75001-125000 LINK
- Lieutenant Colonel: 50001-75000 LINK
- Major: 35001-50000 LINK
- Captain: 25001-35000 LINK
- First Lieutenant: 20001-25000 LINK
- Second Lieutenant: 15001-20000 LINK
X<><><>X<><><>X
+ Non-Commissioned Officer Ranks
- Sergeant Major: 10001-15000 LINK
- Master Sergeant: 9001-10000 LINK
- Sergeant First Class: 7501-9000 LINK
- Staff Sergeant: 5001-7500 LINK
- Sergeant: 3501-5000 LINK
- Corporal: 1501-3500 LINK
X<><><>X<><><>X
+ Enlisted Ranks
- Specialist: 501-1500 LINK
- Private: 1-500 LINK

[Anonymous No.5431298]

>>5431207
Nigga this is exactly a free lunch. I own something like .0088% of all LINK tokens, and will be doubling that (hopefully tripling it) soon. I will never have to work a day in my life once this is adopted.

[Lieutenant Colonel Aleron Heli(...) !!slBLhWeKGur No.5431327]

>>5431231
Beat me to it Marine. Outstanding work. Keep Hodling the line, and we'll see you at the hills of $1.

[Anonymous No.5431348]

>>5424801
>measuring in sats

[Anonymous No.5431370]

>>5431174
Chainlink barely makes smartcontracts more secure, the whole point of the project is to provide integrity and reliability to API sourced information and apply it to the associated blockchain. The whole project is to prevent compromised oracles or nodes from providing false API information that is fed into the smart contract. The only real thing Chainlink brings to smartcontracts from the data structure is adding the upgrade flags that point to newer smartcontracts without the need to fork in the event a smart contract is compromised of exploitable.

As for companies that will run the Chainlink network, there's a reason the Intel SGX technology is important to Chainlink it prevents hardware level access to the information going through a node, when making a smartcontract companies can choose what subnetwork to run their smartcontract chainlink setup on which if these companies instill themselves it's not going to be worth it for individuals, the big companies will run the network.

[Anonymous No.5431372]

25k link

Am I going to make it?

[Anonymous No.5431436]

>>5430822
what the fuck are you talking about? Are you 10 years old?

>my dad said...

lol

[Anonymous No.5431479]

>>5431069
i'm sure they are.

[Anonymous No.5431509]

>>5431436
Burning mechanisms are guaranteed to increase the value of a token simply based off supply and demand. Currently the market for half of these coins, Chainlink included is all emotions and perceived value. The token is worth shit because there is no product and no service which is why it's current price is a joke.

[Anonymous No.5431635]

>>5431509

that's fine all crypto is like that right now. Some coins have legitimate reasons to have value speculation aside. Chainlink does not so everyone who is holding it needs to dump when it finally goes lunar or else they're going to be holding bags the rest of their lives because eventually speculation is going to end.

[Anonymous No.5431657]

>>5431479
https://twitter.com/misskennedys/status/944678097923670016

[Anonymous No.5431658]

>>5431635
>ignores getting his argument destroyed and repeats the same bullshit

nice

[Anonymous No.5431716]

>>5431657
that's clearly a dude running her tweeter. i spent enough time in aol chatrooms to recognize a dude pretending to be a lady. if you really think that's her you're naive.

[Anonymous No.5431785]

>>5431658
This anon is shitting out sub-brainlet FUD at this point. Anyone who loses time reading his posts will understand he's just a pajeet.

>>5431635

Have fun not being rich in 1 year.

[Anonymous No.5431855]

>>5431716
>a dude pretending to be a lady
Ladyboys are in crypto.
BUY LINK NOW. ALL OF IT WHILE YOU STILL HAVE A CHANCE.

[Anonymous No.5432114]

WOOOO ITS TURNT

[Anonymous No.5432190]

>>5424698

thx, bought 1mil

$50k EOY imminent

[Anonymous No.5432252]

>LINK still maintaining its new $0.50 floor through 2 market crashes
>even higher when counting in sats
>niggers and newfags still believing it'll go back to sub-$0.30 or even sub-$0.40