[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 301 KB, 2251x1022, 0000000077777777777.jpg [View same] [iqdb] [saucenao] [google]
54331902 No.54331902 [Reply] [Original]

Get a suicide stack for link before its too late. God is giving you one last chance to accumulate at these clown world prices. Simply getting 1k link puts you in the top 22k holders. Don’t let others make you feel shame about that stack, its better to have link than to not have any. The average person doesn’t have crypto and thinks its a scam. The average retail investor for crypto buys shitcoins or memecoins to make money. “what if this coin reaches a $1? omg id be so fricking rich!” these people have no idea what fundamentals are or market cap is. The few that do decide to buy bitcoin and ethereum because they're safe plays and guaranteed returns however the returns aren’t enormous and wont make them rich, no risk no reward.

>> No.54331913

>>54331902
But everyone always says link is bad from the posts I’ve seen

>> No.54331941

>>54331902
I rather buy at 1k

>> No.54331943
File: 42 KB, 400x711, 1655545188606.jpg [View same] [iqdb] [saucenao] [google]
54331943

This is where chainlink comes in with no other real competitor in sight. While their are people buying coins that are the next “ethereum killer” or “bitcoin killer”. Chainlink isn't a currency, its an oracle with first movers advantage and is leagues ahead of the competition. If crypto succeeds as a whole, link WILL be needed to use their services such as ccip. Chainlink has Eric Schmidt as their advisor, the man who made google what is today. Swift has been to their Smartcons and have even stated that they are working with chainlink on a proof of concept. No other crypto has had swift interested in their projects. Not only that but dtcc are also interested in using chainlink and their services yet no one seems to notice because retail only understands hype and marketing. “if all this is bullish why is price so bad?”. Any real project in the past doesn’t have great price action at the start. Bitcoin and ethereum used to cost dollars. Microsoft, google and amazon used to be cheap as well despite the amount of accomplishments they made. Retail didn’t even understand bitcoin back in 2014 and the fud back then is the same as it was now for link. People don’t understand crypto currencies and so it'll be even harder to understand what oracles are.

>> No.54331954
File: 646 KB, 1000x1500, clscarface.jpg [View same] [iqdb] [saucenao] [google]
54331954

What other coin stirs up so much hate than chainlink? Think about it, why are there dedicated threads telling people how bad of an investment this is? If you browse this board often then you'll see copy pasta about how terrible chainlink is. Why spend so much of your free time talking about a shitty project? Hours of your life arguing with others about the investment. Any real shitcoin will usually have a general that eventually dies and withers away. Remember req, neo, or even rubic? How about all the dogshit coins promising generational wealth? No one talks about them, eventually shitcoins are never to be seen again on this board. If you know why there are people fudding like crazy than it all makes sense.

>> No.54331971
File: 505 KB, 1746x519, 1659773289701554.png [View same] [iqdb] [saucenao] [google]
54331971

I don’t want to completely spoonfeed you as the answers are out there, that was discovered by the Ogs. The heavy lifting has been done for you, all you have to do is research and eventually 1k link isn’t enough for you to get, you're gonna want to buy more. When you have 1k link you'll have more link than 8 BILLION people. Heed my words newfag for if you don’t, in a few years you'll regret not buying a single Link.

>> No.54331989

Literally everything points to a giga link bullrun. Idk when but it will happen within the next year.

Fud levels at ath, everyone demoralized, sergey flipping the switch, ccip within months.

>> No.54332031
File: 57 KB, 662x448, Stamps.jpg [View same] [iqdb] [saucenao] [google]
54332031

>> No.54332073
File: 7 KB, 169x224, 98E069A9-D19E-4FE0-9448-F5BD3414024B.jpg [View same] [iqdb] [saucenao] [google]
54332073

>>54331902
“If you see the President, tell him from me that whatever happens there will be no turning back.”

- Ulysses S. Grant (18th president of the United States of America)

>> No.54332091

>>54331902
why can't it pump

>> No.54332100
File: 34 KB, 410x332, 327423243.png [View same] [iqdb] [saucenao] [google]
54332100

>>54331902
>WHY AREN'T YOU BUYING MY UNDERPFERORMING 2017 SHITCOIN???
Gee I wonder why...

>> No.54332111

buy an ad

>> No.54332170

>>54332111
An ad was bought yesterday in this thread >>/biz/thread/S54318134#p54318398

What now?

>> No.54332176

>>54331902
Despite the cool functionality and interesting concepts, it really just seems like the value is designed to flow to the company in the long term.
If it were a stock or something similar I would buy it now because it would probably be undervalued. But of course it's not a stock and there's nothing legally or even economically(tokenomically I guess would be the word) there to incentivize excess value to accrue to the token itself.
But despite being functionally useful token to use various services, I don't see how the token itself can moon if USD is the primary gauge of cost.
Like I genuinely think Chainlink is one of the few projects that comes out with cool and interesting products that can bring some new use cases to smart contracts.
I was reading the docs a few days ago for Chainlink Functions, and I thought it was cool and I would put the chances of me using that or some other product fairly high at some point in the next few years. But does that mean I should buy the tokens now rather than later? Do I feel any need to buy them now to make sure it doesn't cost 100x more for me to use the same product? I don't actually see that being much of an issue at all with the way its set up.

>> No.54332190

>>54332170
everyone has ad blockers
checkmate chaincucks

>> No.54332192
File: 54 KB, 600x600, 1667079482383742.jpg [View same] [iqdb] [saucenao] [google]
54332192

>>54332176
This is too much of an elaborate concept for Link bagholders.

They legit believe SWIFT and banks will pump their rank 24 premined token and make them rich

>> No.54332209

>>54332170
>yesterday
>What now?
buy another ad

>> No.54332225

>>54332170
Buy more ads and stop spamming threads. Maybe spend more than $3 this time.
2020
>Chainlink $20
>Stamps $.55
2023
>Chainlink $7
>Stamps $.63

>> No.54332240
File: 236 KB, 634x650, 423892437.png [View same] [iqdb] [saucenao] [google]
54332240

>>54332225
Linkies will never recover from this. Literally outperformed by post stamps

>b-but muh revolutionary tech
yeah faggot you got scammed

>> No.54332247
File: 41 KB, 362x362, 1458686071387.png [View same] [iqdb] [saucenao] [google]
54332247

>>54332190
>>54332209
>>54332225
>3 instant seethe replies
Kek, anon really got you good by following up on your request. Seems like "buy an ad" was just an empty catchphrase the Discord came up with and now has to abandon again. Many such cases.

>> No.54332266

>>54331902
Everyone thinks the 5-9 range links been in for a year is an accumulation range, I think it's going to break down from this range though I did fill 20 percent of my link allocation in this range just in case I'm wrong.
>t. Bought sub 1 dollar, sold at 34, swung all that cash from 18 to 27.

>> No.54332276

>>54332176
I see the token as a speculative vehicle, but one that ultimately the company has control over due to having enough supply to do so. So that if demand were to rise enough to hinder growth in terms of real users of the products, they have every incentive to either release new versions of the same products on new contracts with the same brand name but with adjusted rates of cost(the docs seemed to suggest the groundwork has been laid for this with VRF V1, V2 and at least one part of the format for querying oracles was labeled V3), or they can simply capture as much demand as they can with their own supply.
My impression is that Sergey, Ari, and whoever else have put 99.9% or more time into thinking about all the 'fun' problems and ideas while completely ignoring the economic part of it beyond making sure the speculative part was done in a way that would ensure they had enough funding to continue working on the fun ideas(and probably get wealthy in the process, but I'm not accusing them of being malicious or anything like that).
The pricing of the services and designing a way to price them in a way that nails the supply/demand curve as well as mechanisms to direct value to different areas is definitely something they could do.
It's possible that the blame is more on the SEC and regulations here in the sense that they can't be seen or assumed to be implying that the token is meant for value accrual rather than pure utility. It's also possible it's more simply they didn't think it through and it was quite early on, where a lot of the token features that have been tacked on didn't exist in 2016 like routing percentages on transfer, or even a mature stablecoin ecosystem or various ways to do stablecoins backed by assets in safe ways but with some decentralization as well.
Either way I've never seen them pay much mind to the economics of any of it other than just having this token that is used.
Maybe that can change though too. So many potentially good ideas...

>> No.54332277

>>54332247
"Buy an ad" means stop making 15 threads at all times for your failed investment that got moģged by postage stamps during a crypto bullrun.

>> No.54332299

>>54332277
>"Buy an ad" means stop making 15 threads at all times
I am sorry but that doesn't parse. "Buy an ad" is an imperative, directed at the reader (in this case Linkies). It literally means: to buy an advertisement for the thing you are talking about (LINK). Anon listened to your request and bought an ad for LINK. Why does that upset you? Didn't you literally ask for it?

>> No.54332316

>>54331902
Linkies really are getting desperate.

>> No.54332342

>>54332299
Is this real autism..?
Regardless. STAMP CHADS KEEP WINNING

>> No.54332384

>>54332277
Link board. Make your own board if you dont own link or buy an ad for whatever jeety rugpull you're paid to shill.

>> No.54332386

>>54332277
>w-well actually buy an ad means "s-shut up about Link p-please!"
Okay then, just say that to begin with. The answer is still no by the way.

>> No.54332429

>>54331902
How do you know how many holders there are with more than you? I wana check my rank with my closin in on 3k.

>> No.54332440
File: 8 KB, 226x223, images.jpg [View same] [iqdb] [saucenao] [google]
54332440

>>54332384
>>54332386
Couple of "totally organic" airplane mode 1pbtids stoked about getting beat by the mailman during a crypto bullrun.

>> No.54332449

>>54332192
It's self limiting the way its setup currently I think, but could be redone eventually if they have the balls to do so.
Say SWIFT does use it for every transfer, and then it goes to $1k and suddenly global bank transfers cost an excessive amount, maybe it's only worth it for very high value transactions. Then most people or most banks stop using them long enough for the price to come back down...I could go on more here about the whole supply/demand thing but I'll stop...
But the irony here is in the end one of the clear solutions I can think of will be to use their own oracles to price usage denominated in a way that makes the most sense economically.
That or something like a debt-based stable minted and backed by LINK.
There are a ton of ways that could make sense, and the real staking ideas from before could still matter while having a oracle payment coin separate. But I don't think they've thought this through because it's more beneficial to leave this open ended and unclear so that it's easy for people to make the jump that the price of the token will just go up indefinitely(it potentially could in some kind of different model where the value increases only with revenue, but that would look like shit with current conditions and speculation gets killed by real numbers-see many mature defi projects that work).
It is kind of hard to believe Ari and Sergey haven't thought it through, but it's also easier to work on fun things while taking a hands off approach and being 'above' silly things like economic models...so it's possible they honestly have never really had the difficult conversations where the topic is diverting value away from the company and towards the token(possibly from SEC fear though as mentioned before too...that's a legit concern)

>> No.54332451

>>54331902
Stinky linkies will never see my money.

>> No.54332456

>>54331989
cross chain won't work. Vitalik said so.

>> No.54332460

>>54332440
>buy an ad slogan falls flat after based linkie follows through
>m-muh post stamps!!
Eggs outperformed every coin on this board, including (You)r bag.

>> No.54332502

>>54332460
2020
Egg $.50
Eth $400
2023
Egg $.75
Eth $1750
Nah, your math doesn't work.

>> No.54332551
File: 68 KB, 938x815, 1000EggsOfYear.png [View same] [iqdb] [saucenao] [google]
54332551

>>54332502
>egg $0.50 a piece in 2020
Lol. Lmao even.

>> No.54332564

Does anyone remember the name of the first exchanges chainlink was on in 2017?

I bought chainlink at around .24 USD on 28 Sep. 2017.

>> No.54332572

>>54332429
Go to ethexplorer and search up chainlink then click on holders. You need to have patience you have to keep going page by page to see how many link holders as you cant go to any random page. Sorry i cant help too much im at work right now

>> No.54332574

>>54332386
>The answer is still no by the way.
but the ad got bought? are you retarded?

>> No.54332616

>>54332342
Not autistic, I just think it's only fair to say what you mean, right? You asked for an ad and got one. T bh I would've expected fuddies to be better sports about it. All in all it's a pretty funny chain of events.
>>54332564
Etherdelta. First centralized exchange was Binance.

>> No.54332623

>>54332616
>>54332564
You are a saint, thank you.

>> No.54332637

>>54332551
Sorry
2020
Egg $.11
Eth $400
2023
Egg $.30
Eth $1750

Feel smart now that the numbers changed slightly, but you're still wrong? You lost out to stamps and eggs.

>> No.54332665

>>54332637
You've been holding ETH since 2020?? Imagine if you sold the 2021 top and went all in posts tamps and cartons of eggs

>> No.54332680

>>54332665
at least he's actually up from 2020 lmao

>> No.54332693

>>54332637
Heh seems like ethereum did outperform eggs, crazy. Although it's $0.11 to $0.35 according to FRED. Eggs peaked at $0.40 two months ago so it was close.

>> No.54332742

>>54332665
I'm all in forever stamps bro. Living like a rapper while sending discounted friendly letters.

>> No.54332749

>>54332680
I bought QNT in feb 2021 so I did pretty well myself too. I'm trying to show it's a futile exercise to cherry pick tops and bottoms and extrapolate from there. We'd all be trillionaires if we sold the ETH top in 2018, bought LINK at the bottom, sold LINK at the 2020 top and bought SHIB late 2020. Alas, no one did.

>CAPTCHA: 24T8AD
>ad

>> No.54332776

>>54332749
>it's a futile exercise to cherry pick tops and bottoms and extrapolate from there
agreed, but yet you keep spamming the
>you had two years
over and over, so unfortunately this reads like massive cope
and it has nothing to do with the absolute fact that link has been a terrible investment from 2020 and beyond

>> No.54332789

>>54332749
I'd settle for you guys still doing 15 threads at all times and no fud from me, but no pictures of Sergey in catalog. Let's work something out. He disgusts me.

>> No.54332952

>>54332176
>>54332449
>and then it goes to $1k and suddenly global bank transfers cost an excessive amount
Am i being memed or is this a complete non-issue as oracle jobs will be priced in a $ amount of LINK that fluctuates with the token price?

>> No.54332958

>>54332776
>but yet you keep spamming the
>>you had two years
>over and over
I don't, and never did. It makes little sense to bring it up in discussion because it serves no purpose but to make the other party feel bad. Linkies spammed "you had 2 years" because they the fud was relentless for 2 years, so LINK pumping vindicated them. It's a pretty reasonable reaction. NoLinkers had to endure that for a while and have been relentlessly mocking Linkies for not selling the top, and feel vindicated because LINK is underperforming. That is also reasonable to a point I guess. The funny thing is, many of them also did not sell whatever they were holding in 2021, so it's just losers mocking other losers on an anime image board.

Now that I think about it, if LINK ever starts pumping again just know that you're probably going to have to filter LINK threads forreal this time (like most of you should have done to begin with, but I digress). The incessant anti-LINK spam has been especially vicious these past few years, far overshadowing the hubris and gloating of Linkies in 2020. Of course LINK may never pump again, but when it does, pepper your angus.

>>54332789
I feel it's mostly mindbroken bagholders/noLinkers/fuddies posting Sergey (because he triggers people), so let's shake on it.

>> No.54332972

>>54332502
Eggs you bought in 2020
>$0.50
Those same eggs in 2023
>worthless as expired

Checkmate.

>> No.54333012

>>54332789
A handful of desperate bag holders shilling with all their might to avoid getting rekt.
Fet
Ocean
Data
Agix
All degen play for quick gains. Altcoinistdao suggests these blue chips will melt faces

>> No.54333039

>>54333012
Shoo shoo pajeet >>54332933
You are the ones that should be buying ads

>> No.54333052

>>54331902
i sold some GNS after a 20x for a lil over 1000 LINK
im comfy

>> No.54333070

>>54332176
the value flows to the company in the fact that they control 50% of the tokens...

>> No.54333094

>>54332266
How many link do you have now?

>> No.54333517

>>54332449
It pretty much has to be that way, yeah. But as it stands now that's not a very good model to drive demand to the token(or it's already priced fairly?). Why hold the token if the jobs are priced in USD?
Unless there's more to the economic model other than paying in LINK and staking that I'm missing...It's possible since I mostly just read the product docs and the economic info I get comes from here which I know is a poor source kek
But I'm not sure that many people here accept the whole priced in USD thing. Because a lot of the ideas I've seen over the years here seemed to be based around people who want to use the products having the sudden shock that they need to buy a lot of LINK asap because it will be so much more expensive in the future. Rather than someone like me who will probably use the products eventually, but sees no need to fomo into the token since naturally you're correct that it pretty much has to work like that. Actually if they've officially said what you're saying(from what I understand I've seen they unofficially do that by pricing monthly costs in USD) but I haven't seen them say that about the on chain costs of calls from the token(I should check how exactly the pricing in LINK mechanism works in the contracts rather than just the price listed in the docs to get the real picture of how they currently present it).
The thing is at some point they need to turn into a real company that tries to maximize revenue based off real use rather than subsidize nodes off of speculation and selling their own reserves.
It's actually too bad the threads here that get attention are the ones that sell pure hopium like $84000 LINK with no basis in reality. Rather than some real autistic spreadsheet shit comparing what the ranges and models of the real usage phase could be.
Problem is there's no incentive for the company or /biz/ to do that in case it clashes with the hopium models.
I will keep an eye out now actually that they're quoting more USD...

>> No.54333604

Because i literally cant invest Anu money ATM. I really hope to get 1k link stack before its too late but probably wont make it. IM hoping btc dumping back to 15k and link maybe somewhere 3-4dollars. Probably wont happen but thats what i hope

>> No.54333730

>>54332572
Thanks, yea thats how i did it back in the day when ithere was allot less holders.

>> No.54333782

I'm not a newfag to biz but I am a newfag to crypto. Looking to diversify out of more traditional asset classes. What are LINK tokens actually used for? The system is awesome. But what are the tokens for?

>> No.54333872

>>54333782
Exactly the same as other L1 tokens.

You use link to interact with the chainlink mainnet.

>> No.54333884

Why come ethplorer.io say that 3k link is top 10000 holders?

>> No.54333925

>>54333884
that's fake, most people I know have at least 5-10k link.

>> No.54333937

give me 5k link and I'll buy your shitcoin.

>> No.54333991

>>54333884
Some big holders divide their link into seperate wallets example someone who owns 30k will have 3 wallets with 10k each so they dont lose it all if something were to happen. Or since staking only allows up to 7k to be staked some anons who had 10k split it to 2 wallets one with 7k and the other 3k. This way they can stake all of their link

>> No.54334401
File: 17 KB, 250x250, A2B87371-2BFE-4475-939E-A775D413567F.jpg [View same] [iqdb] [saucenao] [google]
54334401

>>54332031
>it's over

>> No.54334499

>>54331902
I did just that, I have just over 1K LINK now.

>> No.54334532

look i bought one link at 7,03 and thats all i can do for your bags ok im sorry

>> No.54334607

>>54332456
Isnt vitalik a paedophile?

>> No.54334637

>>54331902
OP is based and telling 100% truth. Anyone reading this is blessed with the good fortune to have the opportunity. Miss Link at your peril.

>> No.54334697
File: 367 KB, 220x167, 16682374956.gif [View same] [iqdb] [saucenao] [google]
54334697

>>54334532
Ok now hear me out:
What if...
We got...
Every. Single. Person. In. The. World. To. Buy. One. Link.
And if they didn't they would be executed.
And since there's only 1 billion LINK...

>> No.54334784

>LINK before staking: $7
>BTC before staking: $16000
>LINK after staking: $7
>BTC after staking: $28000

>> No.54335215

>>54334784
Okay...but what would have it been had staking NOT come out, eh?

>> No.54335324

>>54331971
You're a good man OP

>> No.54335538

>>54332209
Haha seethe bitch nigger

>> No.54335641

>>54331902
What percentile does 5k put you in? Where can I find this info?

>> No.54335803

>>54335641
I told the other anon that I found it under ethexplorer in the holder section. Im pretty sure people with 5k is top 11000

>> No.54337120

>>54335641
haven't checked in a while but a few months ago 5k was top 1%

>> No.54337136

>>54332572
>patience you have to keep going page by page
this isnt needed you can go to random pages
i used to also have this issue but try switching browsers and if that doesnt help vpn in to a different country
it should be possible to put any page in the url and go there directly

>> No.54337159

>>54337120
>>54335641
Just checked and to have a top 1% of all non-zero wallets you need to have ~4600 LINK

>> No.54337169

>>54337136
Yeah if you go to page 2 you can then type what page you want next to "holders" in the url

>> No.54337408

>>5433769
Thanks I tried doing this before but it didn't work maybe i did something retarded im gonna try again when i get home from work

>> No.54337480

I only have 1100 Link, but I have $10k in cash. I don't have the balls to go all in.

>> No.54337618

buy another ad

>> No.54337820

>>54337480
Brother at least park that in bitcoin.

>> No.54337930

>>54337820
inshallah brother how does consuming more energy and paying more tax stop bank bailouts?

>> No.54338106

>>54337930
The top was stretched out and behaved somewhat out of expectations, dont cry if the bottom does too.

>> No.54338118

>>54338106
Inshallah brother do you speak of goat?

>> No.54338367

>>54331989
Posts like this are how I know we’ll be back under $6 by summer. Cap this

>> No.54338443

>>54331902
there is literally going to be no excuses on missing out on link this time around, the link gods have been generous indeed

>> No.54338741

>>54337159
Where does 1275 put me? I tried checking but after a few pages the site gives me an "access forbidden" error

>> No.54338868

>>54332225
>bro invest in stamps lmao

>> No.54338896

>>54338868
this. holy fuck these newfags are so dumb just buy BTC pay for electricity to mine more BTC because that is how we need the state. Stay home and mine we are doing serious damage to the government two more weeks frens and the future will be here

>> No.54338935

>>54338741
Just refresh the page

>> No.54338968

>>54331902
3,5 bil market cap
there are a lot more projects witha a lot more upside

>> No.54340393

>>54337159
>>54338741
Bear in mind that many higher value wallets were split into wallets of 7k and that none of the staked wallets show up in the list since they look empty (the tokens associated with the wallets are tied up in smart contracts associated with each wallet) so the list of top wallets looks completely different to what it did before December last year. Eg I have 9 wallets each with 7k Link tied to them but they all look empty.

>> No.54340412

>he thinks there will be supercomputes in every city
fat chance stinky

>> No.54340561

>>54331989
Why’s everyone saying Sergey flipped the switch, what're they talking about?

>> No.54340580

>>54331913
you are new aren’t you

>> No.54340615

>>54331902
Buying dat Nulink!!!

>> No.54340829

>>54333925
Most people i know don’t even know wtf crypto is. You’re bullshitting lel.

>> No.54340875

>>54332240
Lmao. Link is dead. Would rather load up some low cap like MyS. Even better since it comes with staking rewards and NFTs. Normies can die on their dead coin.

>> No.54340893

>>54332749
>I bought QNT in feb 2021 so I did pretty well myself too
Good for you. Some tokens and projects will never see top again. New ones are launching with much better options. Magic Yearn, for instance is giving rewards on burnt NFTs. Right up my alley and a plus for nft lovers.

>> No.54341045

>>54340561
I want to see a post of the blog esplaining their new fee structure. Right? They used to be a public good, now nerds must pay. This is a sea change. Notice Pissrael is rioting and causing a ruckus. Not a coincidence.

>> No.54341210

>btc
>goes up
>goes down
>chainlink
>only goes down

You've had one decade and negative price action for 9 of those 10 years.

>> No.54341295

>>54332240
Just bought 100k stamps

>> No.54341350

>>54331989
Two more weeks

>> No.54341608

>>54332451
Chainlink does not accept rupees as yet

>> No.54342083

>>54331913
The problem with LINK is the token has zero synergy with the ecosystem that is the token is not needed for the ecosystem to function if that is solved, I believe LINK will do very well.

>> No.54342186

>>54342083
One major criteria for investing in any token should be the utility and as it seems they haven't been able to figure out what LINK utility will be, I wonder when they will get that sorted

>> No.54342370

>>54341210
LINK price has been stagnant for as long as I can remember, Sergey seems to be fucking the retards so hard.
>>54342186
Not just utility do they have a working product?

>> No.54342449

>>54342370
>Not just utility do they have a working product?
This is one of the things i look forward to in a project as it speaks a lot about the longetivity of the project.