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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6329794 No.6329794 [Reply] [Original]

>> No.6329870

It's going back to 0.15

>> No.6329909

>>6329870
So short it then?

>> No.6329919

as I walk through the valley of the shadow of death

>> No.6329948

>>6329909
Haha where? I swear half of /biz/ just throws words around without knowing what they mean

>> No.6329965

>>6329794
Have just a little bit of patience, in a week from now you'll be laughing your ass off

>> No.6329984

>>6329965
>muh "superconference"
sibos 2.0 all over again if you dont sell at this fucking last pump youre D E L U D E D

>> No.6329991

>>6329948
Newfag, he means sell it so you can buy back lower later

>> No.6330003

>>6329948
>where
Are you retarded

>> No.6330004

>tanks another 100sats

>> No.6330007

Thoughts on ICX/REQ/MOD?

>> No.6330018

>>6329948
Top Kek. Fucking pajeet.

>> No.6330019
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6330019

>>6329984
35 days nolinkie, 35 days.

>> No.6330050

>>6329991
>Newfag, he means sell it so you can buy back lower later
That's not what shorting is, newfag
>>6330003
Tell me one exchange that allows you to short LINK
>>6330018
See above

>> No.6330066

Is 5k link enough?

>> No.6330084

>>6330019
i was a linker once retard but i was smart enough to dump this one at 1,20$

>> No.6330180
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6330180

>>6330050

>> No.6330205

>>6330050
>That's not what shorting is
Boomer detected.

>"Short selling is motivated by the belief that a security's price will decline, enabling it to be bought back at a lower price to make a profit."
https://www.investopedia.com/terms/s/shortselling.asp

>> No.6330218

this coin has the highest shilling/trustworthiness ratio of all the shitcoins that get pumped on biz

the fact anyone would hold this baffles me

>> No.6330257

>>6330180
>le I have no response so I'll just post a brainlet wojak
I'll give you one more opportunity to prove me wrong. Name one exchange that allows you to short LINK. It's not listed on BitMex, it's not listed on Polo, it's not listed on Finex. What exchange is LINK on that allows you to short it?

>> No.6330326

>>6330218
Every time I start doubting whether it's a scam or not I put this on loop https://www.youtube.com/watch?v=MfH1B85YyFU

>> No.6330328

>>6330205
And if you would even bother to read the article you posted you would see that the first sentence is
>Short selling is the sale of a security that is not owned by the seller or that the seller has borrowed
>borrowed
Shorting isn't the same as just selling otherwise it would just be called 'selling'

>> No.6330479

>>6330328
retard

>> No.6330480

>>6330328
"Shorting" is just an amalgamation of "short-selling", grandad. Technically the security is not owned by the seller once it's on the DEX.

>> No.6330553

>>6330479
Prove me wrong then faggot
>>6330480
>"Shorting" is just an amalgamation of "short-selling"
I know. What do the think the 'short' part means? Otherwise it would just be called 'selling'

>> No.6330595

>>6330328
>>6330479
>>6330480
Wtf are you talking about? He's right. You can't short LINK.

>> No.6330646
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6330646

>>6330553
Okay you had me there for a minute.

>> No.6330664

>>6330595
Fucking THANK YOU! These retards need purging from my board

>> No.6330712

>>6330007

get WTC instead of MOD

>> No.6330730

>>6330084
>Taking positions on movements in LINK before the chad singularity occurs.
I hope it works out for you, I hope you manage to strap back in. I cant deal with the risk of being afk for 12 hours and the singularity occuring.

>> No.6330778

>>6330066
Yes, but depends on how greedy you are and how hold you want to hold

>> No.6330786

You moron. In this case you are shorting LINK, using your portfolio as collateral. You fully intend to still have a LINK position, so you borrow the asset from yourself to take the short position.

Stop being so autistic lads I cant deal with this.

>> No.6330825

>>6330778
>how long you hodl

>> No.6330849

>>6330786
>so you borrow the asset from yourself to take the short position
No way is this not bait

>> No.6330927

I'm interested in LINK, why should I but this /biz/? What's happening soon with it that's gonna make it take off?

>> No.6330964

>>6330849
Are you fucking dumb? The majority of us are here because we fully believe in LINK. There is no way we're considering closing our position fully.

It doesnt change the terminology because youre a day trader in your mums bedroom because the reasoning for the trades/investments is the same as if it was in a boardroom.

>> No.6331018

>>6330927

go to warosu. Look for tripfag assblaster and read all threads, look at the reddit cryptocurrency post on chainlink, look at the most recent Jacob thread on biz archives warosu. Read the white paper. Watch sergey at Devcon 3. Read sergeys eoy blog post. This will give you a good idea of what you are getting into, but hurry.

>> No.6331164
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6331164

>>6330257
>he doesnt know about naked shorting

>> No.6331200

Thinking of investing 0.5 BTC. LINK or REQ? I'd love to take short term gains from one to invest into the other if possible

>> No.6331254

>>6331200
Buy req, sell a week from Saturday after Friday news. move profits into link

>> No.6331280

>>6331200
Basically everything you're currently doing is betting on what will increase in value quicker, shitcoin X or LINK. Thats fine, we've probably got a slow climb from 1 to $2 over the next month or two. It's definitely possible to re-invest the profits you make from shitcoins, but be wary, the chad singularity WILL occur, and you need to be strapped in before then.

>> No.6331764

>>6330964
>It doesnt change the terminology
You're the one who doesn't know the correct terminology
>because you're a day trader
Wrong
>in your mums bedroom
Wrong
>because the reasoning for the trades/investments is the same as if it was in a boardroom.
Wrong
>>6331164
>he doesnt know about naked shorting
Wrong

>> No.6331853

>>6331764
>How does an exchange let you short things

>> No.6331993

>>6331853
They lend you the coins/tokens to sell at market price because you think you can buy them back cheaper and pocket the difference. This is very different from normal selling because you have to put up collateral which is at risk of being liquidated if the market doesn't move your way.

>> No.6332086

kek, everyone on biz owns thousands of this shitcoin because they want it so badly to be the next eth

>> No.6332109

>>6332086
Tons of people owned thousands of ETH two years ago too.

>> No.6332133

>>6332086
This is a meme right? Like ive checked the github, twitter, website and i dont see any activity for this project?? Yet i still see it shilled.

>> No.6332137

>>6330595
because you should hodl

>> No.6332170

>>6329794
One of the original meme coins.

>> No.6332288
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6332288

>>6329794
Bruh .. you can't expect things to just jump up quickly .. it takes awhile .. then later you will see the light ....

>> No.6332328

>>6329794
Get your reddit fag memes off my /biz/ dumb Pajeet

>> No.6332344

>>6332133
They're translating from Ruby to Go in a private repo.
And they're constantly discussing (mainly technical) details in the Gitter and Slack.

The biggest developments will occur after the Go initial release is out in a few weeks.

>> No.6332358

>>6330479
Wow , you really are dump he's right faggot. If i short sell link at 1.2$ and it goes to 1$ i would normally make 0.2$ but if you sell at 1.2$ and buy at 1$ you made 0$, you get get the chance to buy more link for the same amount of $. So you are retarded.

>> No.6332376

>>6330595
>>6330328
these
jesus christ you guys are retarded. I feel like Im the only one thats been here more than a week, fuck. I want normies and newfags off my board

>> No.6332506

>>6332133
Go do some research, altho this is a meme, chainlink is fucking legit.

>> No.6332554

>>6332376
We are being shilled shitcoins by people who can't google 'shorting'

This board is fucking done

>> No.6332590

LINKY STINKY UH

>> No.6332801 [DELETED] 

I was shilling pfr and prl here for you on /biz since both were 0.07 and 0.01 respectively. Get profit on egas and make me (and you) rich.
Take a look@ https://coinmarketcap.com/currencies/ethgas/

>> No.6332807

>>6331280
explain chad singularity?

>> No.6332951
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6332951

It is written

>> No.6333104

>>6332807
News happens, demand for the token increases dramatically outstripping supply on the exchanges. Price increases exponentially because there is no one willing to sell.

That's what I gleaned reading all the threads. Am I right, /biz/?

>> No.6333246

>>6331993
>
I am using my link position as collateral and it will be liquidated if the market doesnt move my way

>> No.6333352
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6333352

>> No.6333402

>>6332358

I cant tell if you're serious but you are closing the position at $1, then using the realised profit/loss to purchase extra link.

>> No.6333418

Some nicely co ordinated FUD in this thread lads, not a bad job.

>> No.6333458

>>6333246
>>6333402
Just go away and stop shitting up our board, or at least lurk moar before posting

>> No.6333470

I have 20k link. It feels weird to know I'll be a millionaire by the end of the year, perhaps even by the summer.

>> No.6333611

>>6333470

64k link here. I made $50k over the past few weeks and have basically mentally checked out from my wagecuck job.

>> No.6333683

>>6333611
I'm a lawyer and I hate my current life. If link gets me to retirement level money (or enough to comfortably start my own firm) I will literally suck Sergeys dick

>> No.6333784

>>6333683
I work from home and love my life.
I just want to get filthy rich so I can literally buy houses for the people that are dear to me.
Half the time I go to sleep thinking of ways in which to surprise them with their new house.

>> No.6333796

>>6333470
>>6333683
I'm about to go All In and would have about 21k LINK. It's a big risk but fuck it.

>> No.6333798

>>6333683
I am a doctor, and I too hate my life.

If this is just a toilet, then so be it. It's worth the chance of early retirement.

>> No.6333826

it's hodl dipshit
quit daytrading link

>> No.6333884

>>6333798
Cheers to learning that the predefined path to success and happiness was a meme. Follow your passion, kids.

>> No.6333961

>>6333798
>>6333683

why is /biz/ so miserable. You're both highly educated and wealthy, just start a company doing what you love jesus christ it's not that hard, but here you are praying for a hail mary on a random shitcoin a larper is shilling on 4chan.

>> No.6334021

>>6333961
>wealthy

Joke's on you, between high city living costs and student loans, I'm barely getting by.

>> No.6334067

>>6333884

This is the truth. I bet $500 on Trump getting elected (a meme) and came out with $3k. I put that into BTC (a meme) and that mooned to $19k. I reinvested that money in LINK (a meme) and here I am now, $50k ahead.

>> No.6334118

>>6330084
enjoy being poor

>> No.6334333

>>6333961

>doctor
>highly educated
kek, you haven't met many doctors, then

>wealthy
>doctor
can't get rich if you actually give a damn about patients, won't brown-nose or shill shit in academia.

>> No.6334334

>>6333683
Law student. 3L. Need to get rich before I get cucked by this bullshit.

>> No.6334395

>>6334333
My sister is first year Dermatologist she makes 400k a year lol. So poor.

>> No.6334413

Fear not stinkylinkies - Master Haejin has forseen sweet gains for LINK:

>Chain Link (LINK): Golden Chain Links of PROFIT
https://steemit.com/bitcoin/@haejin/chain-link-link-golden-chain-links-of-profit

>> No.6334555

>>6334395
Different country.

>> No.6334559

>>6334334
Yep. It doesn't get better.

>> No.6334674

>>6333961
>just start a company doing what you love jesus christ it's not that hard

It's actually quite hard. Have you done it?

>>6333683
I, too, am a lawyer and I spend the days thinking about all the great stuff I will do when LINK turns me into a multi millionaire.

No more wagecucking for me.

>> No.6334764

>>6334555

I mean this is the United States idk.

>> No.6334861

>>6334764
Yeah, different country.

>> No.6334923

>>6334674

Yea I scrape buy as a caricature artist for parties and weddings, but fuck doing the wage cucking thing m8; this is your life it's not worth it.

>> No.6335064

>>6334067
Gonna ride this meme out? What's the next meme?

>> No.6335297

All I know is i’m Getting rich off of link. 55k stack. No selling before 200$.

Hold me.

>> No.6335529
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6335529

>>6331164
Be like Bob.

>> No.6335747

>>6330019
what is in 35 days?

>> No.6336199

>>6335064

definitely riding the link meme out

not sure what the next meme is. maybe microstates formed by the new crypto aristocracy

>> No.6336854
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6336854

>>6330326
Thank you. I've been doubting a lot in the past week. Since I've started trading stocks/crypto I've always had a problem holding. Holding LINK has been the hardest thing I've ever done in trading, but i've been more successful at holding LINK than anything else.

>> No.6337692

You need to buy EGAS and hold it long term, it has huge potential. 13M Max supply and it costs pennies right now. Great concept and active twitter. mooncoin material.
Take a look@ https://coinmarketcap.com/currencies/ethgas/