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/biz/ - Business & Finance


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File: 9 KB, 350x350, LINK-Logo-2[1].jpg [View same] [iqdb] [saucenao] [google]
4441052 No.4441052 [Reply] [Original]

Why is this board obsessed with Chain Link? Like literally every 10th post is about this coin. I swear half of biz thinks its the holy grail of crypto while the other half think its a pajeet scam. I have seen posts that say "I'm addicted to buying Link", what type of fucking investment is that ?

>> No.4441065

Its a suga cube brah

>> No.4441067

>>4441052
It is bitcoin all over again.
But instead of only 1 autist initially shilling there are 10.

>> No.4441074

>>4441052
anon remember
4chan always wins
this thing is gonna go huge if its being memed this hard here

>> No.4441100

if you don't understand meme magic then don't invest.

>> No.4441104

>>4441052
/biz/ has only shilled three coins this hard in all of history - LINK, ETH, and BTC

>> No.4441130

well you guys havent been here long, remember not long ago when every other thread was a digibyte thread? all the digibros were shilling it and talking about how it would be 10 dollars soon?

>> No.4441141

>>4441104
AND wtc

>> No.4441184

>>4441130
but digibyte is just another useless BTC clone
LINK has a use nothing else really has at the moment

>> No.4441191

Because a lot of people invested in this crap and lose a lot of money and instead of cut the losses they're still shilling it.

>> No.4441203

It’s perfect

>> No.4441223
File: 128 KB, 1280x720, T0togQ7.jpg [View same] [iqdb] [saucenao] [google]
4441223

>>4441130
Heres the difference:

If you were here before may, and actually got into the dgb gravy train before 110 sats, you'd know, dgb only was starting to get shilled hard after it megamooned. It had a 10 million market cap and went to 500 MILLION in just one month.

LINK on the other hand. It hasnt really mooned yet, unless youre a newfag and consider going to 50 cents is mooning. LINK is a coin with such good fundamentals, it doesnt need to megamoon in order for there to be major shills backing it up.

We shill the fundies, not the price

>> No.4441235
File: 36 KB, 400x500, 1509871310232.jpg [View same] [iqdb] [saucenao] [google]
4441235

>>4441074
Kek wills it!
>>4439555

>> No.4441237

>>4441223
why did LINK even go up to 50 cents in the first place?
did SIBOS really hype it up that much?

>> No.4441239

mmm i like buying link
it feels so good
mmm

>> No.4441255

I just wish link was available on Bittrex. I'm too lazy/stupid to make a binance account.

>> No.4441266

>>4441239
It got up to $.64 ATH during SIBOS.

Also what's this shit I hear about February, some shit Sergey's supposed to talk at. WHY IS THEIR TEAM SO AUTISTIC, I JUST WANNA KNOW WHAT THE FUCK IS GOING ON!

>> No.4441273

>>4441266
some Ethereum dev thing I think

>> No.4441284

>>4441255
Just do it. It is easy you lazy fuck.

>> No.4441320

>>4441203

This.

>first mover
>incomprehensibly large use case
>works on multiple platforms and connects easily to legacy business tech
>top level advisors
>top level industry interest
>solves a huge problem

If it only had 2 of those things it would still be an exciting project worth following. But it has all of them. It's the most "sure thing" I've ever seen in this space

>> No.4441322

>>4441052
>makes this post again
rent free

>> No.4441453

>>4441255
It's very simple to make an account with, don't even need to verify unless you're making >2BTC withdrawals per day.

>> No.4441566

>>4441052
who cares a coin doesnt have to be good to moon all it needs something to push hype and all of the followers will pump the coin for ez money. Considering this coin has so many followers just buy in right when rumors start about some big news and then sell for 10x and dump your bags on them.

>> No.4441643

I've reached my 50k collection

It can now start mooning please!

Next stop, moonland

>> No.4442043

>>4441237
combinatinon of ICO hype and SIBOS hype.

>> No.4442392

>>4441052
one of the most promising use cases in all of crypto
>mainstream smart contracts

some of the most robust fundamentals in all of crypto
>see white paper

and then some of the very greatest exposure in the financial industry
>Swift, AXA, Sony, BNP Paribas, Barclays, Santander, ... all directly involved in the project
>and the project was mentioned by name by World Economic Forum, Gartner, Capgemini, ...

Speaks for itself.

>> No.4442412

>>4442392
someone just dumped 500k LINK, while having putting up a sell wall of 400k LINK

>> No.4442483
File: 331 KB, 1492x838, image.png [View same] [iqdb] [saucenao] [google]
4442483

what did he mean by this?

>> No.4442505

>>4442483
> whales are accumulating
> 2.19% is also good for trading

>> No.4442517

>>44424838
800k wall on eth pair, 500k on btc pair

>> No.4442532

>>4442505
really scary trading this when the nigger whale just decides to pull the wall out

>> No.4442608

>>4441141
wasn't that of a more mockery nature.

>> No.4442613

>>4441052
Chainlink offers distributed smart contracts and its the next BIG thing in crypto.

>> No.4442615

>>4441052
Buy link

>> No.4442623

>>4442613
its a fucking scam theres 2 devs and the git is worthless

>> No.4442631

>>4441104
Fuck this guy is right. Im buying more link for fuck sakes.

>> No.4442661

>>4441566
Faggot we are riding this gravy train till we have infinite lambos. Faggots remember once link makes us all whales buy shares in what ever lambos use.

>> No.4442662

These fags are wayy to emotionally invested. They flat out refuse to acknowledge that they are losing massive amounts of money.
There was a deluded linkie the other day who legitimately convinced himself that chainlink was already trading at $2 because "theres no possible logical way that it could have stopped pumping!"

>> No.4442672
File: 98 KB, 789x388, 3984082432.jpg [View same] [iqdb] [saucenao] [google]
4442672

>>4441320
>>4441203
this

you buy a load of it, wait patiently, and get rich. It's the closest to a sure thing as you're ever likely to get

>> No.4442686

>>4442392
post proof that swift even knows about chainlink

so far its just sergey claiming a "partnership", just like omisego claims "partnerships" with IBM and mcdonalds

the dump of 1.3 million link just now shows that not even his team/"advisors" believe this scamcoin

>> No.4442699

>>4442686
Oh dear mate

Shows how little you know about LINK.

The absolute state of you fudders

>> No.4442712

>>4442699

just stop it sergey.
also

>post proof that swift even knows about chainlink

>> No.4442746

>>4442686
>post proof that swift even knows about chainlink
Haha what?

>> No.4442754

>>4442712
How about the presentation in the SIBOS toilets?

>> No.4442759
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4442759

>>4442699
>1.3 million sell wall.
f-f-fucking FUD

>> No.4442765

>>4442412
>>4442483
>>4442517
>>4442505
And?

>> No.4442769
File: 2.31 MB, 1257x1396, 1510942268057.png [View same] [iqdb] [saucenao] [google]
4442769

>>4442686
Dude it was on the swift website everyone here seen it it was real hell Rory talked about it just today or yesterday.

>> No.4442779

>>4442759
>a sell wall means Swift doesn't know about Chainlink

>> No.4442799

>>4442779
>implying it doesn't
The sell wall is obviously SWIFT selling off their LINK tokens after suddenly realizing they have no idea what they are.

>> No.4442805

>>4442759
>he believes those walls are not just to prop up support/resistance

you can trade under those big walls but it's incredibly risky as the whale can just pull it out anytime, like right now lmao nigger

>> No.4442809
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4442809

>>4442779
>whales begin dumping
>giant sell wall
>n-n-n-o were just the smart money, we didnt need the whales!
lmaoing at ur life. I hope sergey has the decency to send you idiots some actual chain links so you can kys. Its the least he can do.

>> No.4442810

>>4442662
Products can go undervalued or overvalued for a long time.

>> No.4442817

>>4442712
https://www.sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry

>> No.4442829

>>4442799
legit lol'd

>>4442809
Is this your first time watching the Link orderbook?
This shit has been going on ever since Link hit Binance.

>> No.4442897
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4442897

>>4442829
religious levels of delusion. Stay poor faggot.

>> No.4442939

>>4442623

I'm a bot worried by this too, github seems kinda dead.

>> No.4442947

>>4441566
>10x
The thing about LINK is it's either you lose most of your money or you 100x your money.

>> No.4443102
File: 105 KB, 666x660, trip.jpg [View same] [iqdb] [saucenao] [google]
4443102

>>4441191
>>4442662
I don't have any link but do you realize that shilling a coin here in /biz/ has literally NO EFFECT on the market cap of any +$10M coin?

Shilling a coin on an unknown underground website like this is useless for even a remotely small market cap coin, anons usually are dong it because they actually believe in their investments. I'm not saying they are right, just pointing things out.

>>4442483
Spoofing maybe? You always gotta check if the wall actually gets eaten or not.

>>4442686
SWIFT knows about chainlink but anon has a point, there is no proof yet that they have an actual CONTRACTUAL partnership with anyone (and no slack screenshots don't count).

>> No.4443183
File: 123 KB, 1637x901, link swift 100k.png [View same] [iqdb] [saucenao] [google]
4443183

>>4443102
>SWIFT knows about chainlink but anon has a point, there is no proof yet that they have an actual CONTRACTUAL partnership with anyone
You should really just not open your mouth if you're this ignorant.

Swift paid the team to spend a year developing a proof of concept for them, this was announced at last year's Sibos.
This PoC is what was demo'd at Sibos last month.
Pic is proof of at least one payment of 100k made to Chainlink.

Chainlink was the ONLY outside crypto developer to be asked by Swift to develop and demo a PoC for them btw.

>> No.4443206

>>4443183
good shop and story for a shitcoin

>> No.4443218

>>4442412
I dumped 300k LINK earlier, no regrets

>> No.4443257

LINK!! HURR DURR SIBOS!!!

Stfu bagholders

>> No.4443258

>>4443206
Look it up.

>>4443102
Oh, and the demo had direct involvement from 5 major banks, including BNP Paribas, Barclays, Santander, ...
And Sony/AXA have had a firewall smart contract for over a year now.

These are all contractual agreements with major companies.

>> No.4443290
File: 203 KB, 800x1126, linkies.jpg [View same] [iqdb] [saucenao] [google]
4443290

>>4443183
You don't have to be aggressive.
I knew about the 100k for the demo (I thought it was paid out in 2016 though), but again this is very small funding and its a one time contract. I'm not trying to undermine what you're saying, I'm just playing the devil's advocate because I'm actually interested into investing into link.

>> No.4443381

>>4443290
Read the whitepaper. Check the fud and dyor


>> get rich

>> No.4443424

>>4443258
>>4443381
Gotta admit I forgot about this deal:
https://create.smartcontract.com/#/contracts/317764c5bf532e8b33572b6e77ae2133
Is there a way to see the other potential contracts, if there's any?
Gotta admit I didn't read the white paper, I'm not especially tech saavy but I understand more or less the main purpose of link.
I'm thinking about dropping €1k, money I'm ready to lose.

>> No.4443453

>>4441074
just like DGB!

wait a minute..

>> No.4443461

>>4443424
We found one grom swift but they took it off, later they said it was from the demo but could be some kinda prolonging from what they allready had

>> No.4443475

>>4443424
90% in link, makes me stress less cause I'm Almost certain it's a WINNER and i don't have to think about other coins mooning or dropping

>> No.4443532

>>4443258
Really Sergey you should stop shilling on 4chan and spend more time developing an actual product if you want to be taken seriously.

>> No.4443559
File: 61 KB, 577x439, 1439381953707.jpg [View same] [iqdb] [saucenao] [google]
4443559

>>4441237
People not understanding what chainlink does or what SIBOS was about for them. Then those people shilled it to even less informed people.

>> No.4443625
File: 13 KB, 924x199, shills.png [View same] [iqdb] [saucenao] [google]
4443625

Paid shills.

>> No.4443677

>>4443625
Oh look, a Swedish poster posts a reddit screenshot.

>> No.4443906
File: 399 KB, 842x960, 1510887892408.png [View same] [iqdb] [saucenao] [google]
4443906

>>4441052
>I have seen posts that say "I'm addicted to buying Link", what type of fucking investment is that ?

Hahahah, that was me. You see kid, that's the way it is, once you *know*, you just know
I'm sitting on a winning lottery ticket that's gonna be available in 1-2 years.

>>4442672
this, good to see you friend

Second Lieutenant Dan signing out

>> No.4444007

>>4441191
Lies, shilling started even before ico closed. Its not shilling, its genuine excitment, just like when you fall in love and you can't stop talking about the person.

SERGAY I LOVE YOU!!!

>> No.4444014

>>4441104
>>4441074

Fucking this. Back when ETH was $7 reddit barely gave a shit about it, 4chan constant shilling is what got me to buy and make over 100k in profits.

I'm feeling the same thing with Link. I stored all of it on MEW and not even looking at it for some time.

>> No.4444022
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4444022

>>4443906
buy nuls or stay poor forever linkfag

>> No.4444043

>>4441130

Bancor was another one.
you dont hear much from these bagholders anymore.

>> No.4444069

also daily reminder that LINK has no use case
the entirety of biiz to this day cannot explain what its even supposed to do

>inb4 MUH MAINSTREAM SMART CONTRACTS

I tried to explain to you faggots many times now that we already do have mainstream smart contracts in form of trading algorithms.
they move bilions every day and do just fine without muh decentralized oracle
LINK is a useless shitcoin with zero utility

>> No.4444089

>>4441052
Have you ever taken a look at the marketcap of XRP at ATH? A multi-billion dollar marketcap, for a token that doesn't even have one fucking purpose...Some with OMG. It shows you how powerful banking world related hype is.
Like always, you don't know if a project will succeed or fail, but you will never catch a real moon mission if you keep buying the news.

>> No.4444180
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4444180

>>4443906

>> No.4444265

>>4444180
fuck yea,
Lieutenant Dan would never fucking sell before $20

>> No.4444286
File: 2.71 MB, 5000x5000, 1510991036057.png [View same] [iqdb] [saucenao] [google]
4444286

>>4443906
Looking forward to seeing your future promotions Daniel

>> No.4444379

link to 1k

>> No.4445043
File: 835 KB, 2200x1395, 1511044676386.jpg [View same] [iqdb] [saucenao] [google]
4445043

>>4443453
Are you serious? DGB was in the top 10 in terms of market cap at one point. If you'd bought into the shilling here early you could have made 50x+. If you'd held you'd still be up right now.

And you're ignoring the most obvious difference between DGB and LINK: the latter actually has solid fundamentals.

If we could meme a shitcoin like DGB into the top 10, just imagine what we could do with a genuinely promising project like LINK.

4chan is strangely prescient with these things. I don't know how it works but it's just how it is. We're the early adopters on this one. I know it sounds unbelievable, but it's true

>> No.4445174
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4445174

>>4443453
>>4445043
Also, just seen this thread >>4444332

This guy made lambo money off DGB

>> No.4445215

>>4443532
They just did a demo at Sibos, they're taken seriously by everyone except morons like you.

>> No.4445234

>>4441052
AHAHHAHAHA YOU DUMB????

WE ARE OBSESSED WITH IT BECAUSE ITS THE NEXT COIN THAT WILL GO X100 YOU FUCKING FAGGOT. THIS IS THE NEXT ETH AND EVERYONE THAT CAN FUCKING USE HIS HEAD HAS ALREADY BOUGHT INTO THE COIN. TOP WALLETS ARE NEVER FUCKING SELLING YOU FUCKTARD WHAT DOES THAT SAY TO YOU???????

HAHAHAHAHAHHAHAHAA

>> No.4445272
File: 266 KB, 1000x740, 1509072923764.jpg [View same] [iqdb] [saucenao] [google]
4445272

linkies

>> No.4445383

>>4441266
> $.64 ATH
Wow, man
And I thought I was a maximum retard for buying at 32c

>> No.4445433
File: 125 KB, 1025x576, 1510515834820.jpg [View same] [iqdb] [saucenao] [google]
4445433

>>4445043
there will be people crying and blaming others on this board in 2 years
>why did you make a meme out of this, I would've bought

>> No.4445502

>>4445043
bought my first btc in december. bought dgb at 72sats beginning of may. (put in 0.5btc) could kms for not lurking on biz that time because i sold (i think it was around 720k dgb) for 110 sats.

>> No.4445523

>>4441052
because we all could get into the presale with shared urls
made a fortune
thx again

>> No.4445528

>>4445433
It's going to be a funny board if Link actually takes off. The wojacks will be wonderful even if it only hits $3.

>> No.4445538

>>4441255
Binance > Shittrex

>> No.4445550

>>4441104
And Waves, this time last year it was everyday.

>> No.4445564

>>4445528
uhm it did takeoff?

>> No.4445623

>>4441100

this

>> No.4445702

>>4445234
How can you see top wallets holding LINK and the transactions they made? Thanks anon

t. computer illiterate

>> No.4445739

>>4445702
https://etherscan.io/token/tokenholderchart/0x514910771af9ca656af840dff83e8264ecf986ca

>> No.4445866
File: 45 KB, 974x422, webpartners.png [View same] [iqdb] [saucenao] [google]
4445866

>>4441052
SWIFT

>> No.4445877
File: 492 KB, 1080x2220, Screenshot_20171107-165545.jpg [View same] [iqdb] [saucenao] [google]
4445877

>>4441052
HCL technologies

>> No.4445884
File: 41 KB, 325x489, sonyaxa.jpg [View same] [iqdb] [saucenao] [google]
4445884

>>4441052
Sony & AXA

>> No.4445896
File: 522 KB, 1080x2220, Screenshot_20171110-122506.jpg [View same] [iqdb] [saucenao] [google]
4445896

>>4441052
REQ

>> No.4445905
File: 110 KB, 729x453, confido-1.png [View same] [iqdb] [saucenao] [google]
4445905

>>4441052
Confido

>> No.4445912
File: 106 KB, 432x805, factom.jpg [View same] [iqdb] [saucenao] [google]
4445912

>>4441052
Factom

>> No.4445924
File: 64 KB, 666x435, team.jpg [View same] [iqdb] [saucenao] [google]
4445924

>>4441052
Ari Juels - Professor as Cornell Institute with 20 years experience at RSA laboratories as a chief technology scientist. named as MIT Technology Review "Innovator Under 35” and to Computerworld’s “40 Under 40” list

Andrew Miller - Helped develop ZCASH and TEZOS

Evan Cheng - Worked as senior manager at APPLE for 10 years and is now director of engineering at FACEBOOK

Hudson James - Developer at ETHEREUM for 2 years and worked at USAA as software developer for another 2 years

Brian Lio - Head of marketing/product management at MICROSOFT

>> No.4445935
File: 67 KB, 624x453, microsoft.jpg [View same] [iqdb] [saucenao] [google]
4445935

>>4441052
Smartcontract team worked with Microsoft on their Cryptlets project

>> No.4445937

>>4445215
Is that why price has dropped 75% from its ATH and is now nearly below ico price?

>> No.4445961
File: 278 KB, 1080x2220, 20171119_084732.jpg [View same] [iqdb] [saucenao] [google]
4445961

>>4441052
NDA's

>> No.4445971
File: 208 KB, 1440x835, 1507939006955.png [View same] [iqdb] [saucenao] [google]
4445971

>>4445564
>>4445937
yes, exactly, it crashed and it's only going down from here, probably to half a cent, don't buy chainlink, buy bitbean or doge

>> No.4445983

also mentioned in this research paper from Capgemini. On the official febelfin website:

https://www.febelfin.be/en/smart-contracts-financial-services-getting-hype-reality

>> No.4445985

>>4441052
All of the images I linked show big interest from large companies and the product itself has ridiculously huge use cases which can really bring smart contracts into the mainstream. Need I continue?

>> No.4446003

What is the roadmap for 2018

Will the network be online by then? I think people are waiting till they use the product. Thought Sergey said something about 2 years?

>> No.4446010

>>4445985
Good information. How much link do you hold?

>> No.4446027

>>4446010
200k LINK. The images I posted are just scratching the surface really. I've spent more time looking into chainlink than i would EVER freely admit.

>> No.4446031
File: 292 KB, 420x420, 1511032226994.png [View same] [iqdb] [saucenao] [google]
4446031

>>4445866
>>4445877
>>4445884
>>4445896
>>4445905
>>4445912
>>4445924
>>4445935
>>4445961
I'm pretty much all in but FUCK this makes me want to buy even more

>When it rains gold, put out the bucket, not the thimble

>> No.4446081

LINK has crashed because it was overhyped, praised into oblivion before they even have something working.

the idea is perfect but its not ready to adapt.
Its not a stupid move to just buy an small amount and let it rot away in a cold wallet.
I just bought 300 USD worth of it and alredy forgot about it, in a year or 2 i wil be happy i did so

>> No.4446166

>>4446027
what's your average buy price Major General?

>> No.4446188

>>4446166
Hate to admit I bought about 20k LINK around 30c. Been really raking it in around 2000 sats (14c-16c) trying to catch the dips.

>> No.4446210

We all love link because there were a lot of us getting in early in the presale. The community sense was really nice back then and basically anyone who got in then is in the green.

>> No.4446253

>>4446166
>>4446188
also double dubs confirm link $50 eo2018
>>4446188
pretty much same here, I'm about to throw my remaining 0.5btc and other shitcoins into LINK any day

>> No.4446266

>>4446031
I'm like 40% on LINK, should I buy more? These things make me bullish as fuck but I want to diversify a bit. With the LINKs I have if it goes to $10 I already made it.

>> No.4446282

>>4441255
etherdelta buddy

>> No.4446288

>>4446266
How much link do you have? I'd say you need at least 150k to make it

>> No.4446321

>>4446288
70k. If it goes to $10 I will have $700,000 and that's not counting my other holdings. I only need about $1.5 million to fully make it and never have to worry about wagecucking.

>> No.4446327

>>4446288
depends where you live
for 3 worlders 50k is like 150 for first worlders and I think even that is more than enough to make it, unless you want to be the first one to make it on /biz/

>> No.4446375

>>4446327
>>4446321
Fair points. I also think around $2M to stop working but the tax considerations always get me...

>> No.4446383

>>4446327
I live in Europe. The cost of a good house in my country is like $150,000 and the cost of living per year is about $15,000, can be as low as $7000 if you live alone and don't buy too much useless shit.

So if LINK ever goes to $10, I will literally make it. The best thing is that $10 would be just $3.5 billion market cap, which will be peanuts if the crypto market grows half as much as it has grown the past year.

>> No.4446396

>>4446327
I'm from Russia and hold 3k LINK
If it goes to $10 I'll be able to buy a flat in Moscow, which will set me for life.
However, I don't feel secure about owning anything in Russia, so moving to civilised countries might be a beta idea

>> No.4446417

>>4446396
Aнoн, ты дeйcтвитeльнo вepишь в линк?

>> No.4446418

>>4446383
>The best thing is that $10 would be just $3.5 billion market cap, which will be peanuts if the crypto market grows half as much as it has grown the past year.
This, that's why I'm saying that holding LINK now is basicly like holding a winning lottery ticket behind glass vault that can be cashed out in 2 years

When I started crypto I promised myself to alwys diversify my holdings and that's the only thing that keeps me from going literally all in on LINK, but I still will probably increase the stack considerably

>> No.4446427

>>4446383
>>4446396
I live in Australia where a decent house is $500k and the government takes ~35-40% of any profits you make in your life. I guess it's a nice place to live though...

>> No.4446435

>>4445924

Jesus fuck
This coin is a nuclear time bomb

>> No.4446462

>>4446003
Fella, I gotta tell ya that 2 yrs is a fud meme.
2 yrs talks started after Devcon and I've watched Sergey's presentation. Either I'm a shit listener or he never told anything about 2 yrs.
Some ppl in corresponding threads used to point out he said nothing about timeframe, but just in case I kept posting about 2 yrs ever since.
Truth is, LINK can shoot any minute now. Member the time Binance listed it? There were no announcements

>> No.4446471

Am about to invest plus feel free to donate sum link thanks, may the shekels be with you..

0xf71486319607d40b225c1abb5631e93ffe9cff73

>> No.4446496

>>4446427
Crypto only goes towards Capital Gains Tax which is 10% of your earnings when you cash in from crypto to FIAT... as far as I know

>> No.4446512

>>4446266
Up to you m8. I'm about 50% in LINK already and my only worry is that in the future I'll regret not buying more. That said, who knows when this thing is going to take off? It's probably best to be diversified for the time being in case there are other moon missions. I'm not a fan of chasing pumps and daytrading though so there are worse things than going all in on what is almost a sure thing

>> No.4446524

>>4446462
Sergey said 1-2 years for a full APIs library
they network will be up and running probably in early 2018
that's why we keep talking about cashing out in 2019, becuase that's when shit will really hit the fan
of course it will shoot straight to alpha centauri after the news come out, but that's gonna be only the beginning

>> No.4446566

>>4446496
In Australia CGT is taxed at your personal income tax bracket, so if you would normally get taxed 37%, so too would your CGT from crypto. If you hold it a year however, you get a 50% discount i.e. only half of your CGT profit is taxed.

>> No.4446580

>>4446566
what if you're a dole bludger?

>> No.4446606

>>4446580
Good point. Aus tax is a progressive system. In saying that though, when you cash out LINK it is likely it will be a considerable sum and be taxed quite high anyway.

>> No.4446632

>>4446031
just bought another 10k LINK - fomo from this thread is strong.

>> No.4446646

>>4446632
what's your rank rn my man?

>> No.4446685

>>4446606
Could I cash out enough to open a swiss bank account, deposit it all there then transfer it back?

>> No.4446689

>>4446646
After that purchase, sitting on just over 130k LINK. Trying to build towards that 150k position I was talking about. Will top up again this coming week should it dip further. Think my avg is around 26 cents (maxed out ICO).

>> No.4446703

>>4446685
Transfer it back to where? Your bank account? What do you say to the gov when they ask where you got all the money from?

>> No.4446706
File: 90 KB, 960x720, received_916077928543082.jpg [View same] [iqdb] [saucenao] [google]
4446706

>>4445550
I < 3 waves

>> No.4446739

>>4446632
>>4446689
you faggots are already rich AF, meanwhile I'm sitting here with my 5k link I bought for all of my life's savings
If I make it with my 5k you're going to be billionaire

>> No.4446765

>>4446739
we all gotta start somewhere man. keep working at it and building up your stack with money you can afford to lose. I feel it's important to always question "if i lose it all today, will I be out on the streets?". As long as the answer is no, you're all set.

>> No.4446809

>>4446327
>you want to be the first one to make it on /biz/
kek

>> No.4446810

Because we're all hodling and hoping for the best.

>> No.4446949

>>4444069
> my brain is retarded, listen to me boyz!!!