/biz/ - Business & Finance

Sorry to tell you this but until staking comes out this isn't really going anywhere except following BTC, and staking is not coming any time soon. You'll do fine in LINK long term but you'll miss a lot of opportunities along the way. I'm honestly just looking out for your financial well being.

>Instead of a multinational asset manager or any other large enterprise assembling a blockchain team for every blockchain that they might want to integrate, you can easily integrate Chainlink to connect to any blockchain environment. Building your own connections to various blockchains will be unbelievably difficult because the communities are small, and integration support is limited for many exciting up-and-coming blockchains. This is true even for the blockchains that already have many assets on them as it's still a challenge to hire knowledgeable developers.

>Rather than having 50 or 100 blockchain keys for you to conduct commerce, it is a risk-adjusted approach to have blockchain capability built directly into your backend through a secure blockchain middleware. This is the other big problem that Chainlink solves for enterprises when they ask, "How do I connect to every blockchain where I want to conduct commerce, own assets, trigger transactions, or understand what's going on in those blockchains?"

>DUMPS

I am a LINK OG and I have well over $1MM in LINK alone, but I can't (won't) touch it and so I still feel perpetually poor and worry about crypto crashing at any given moment.

But then I think about how I've put maybe $50-60k into crypto total and I also own 2 BTC, 32 ETH, and $100k in another shitcoin that makes me $40/day from staking gains.

And I realize... though I'm now clinically insane from the dumps & spending 28 hours a day on /biz/, it was all worth it.

AS SOON AS LINK BREAKS $30 BTC DUMPS AGAIN. LOLOL IT'S NOT EVEN SCHIZO IT'S FUCKING REAL. THEY'RE LITERALLY SUPPRESSING THE PRICE OF LINK BY DUMPING BTC AND THIS HAS BEEN HAPPENING FOR MONTHS.

Today I cashed out 10,000 of my linkies.

I am paying to be cryogenically frozen so I can wake up EOY to $1,000 LINK and be rich beyond my wildest dreams.

I will miss you guys in my frozen dreamstate but you will all be in my hearts. Godspeed.

AND NOBODY FUCKING CARES AND THE PRICE IS DUMPING LOLOLOL

WHO ELSE HERE /DON'T FEEL SO FUCKING GOOD/ RIGHT NOW?

If there's any evidence of what a fucking clown market we're still in it's that LINK is still so wildly undervalued compared to a handful of utter shitcoins. I'm comfy as fuck knowing that all of crypto hasn't even reached the slightest amount of maturity yet. I'm going to be so fucking rich.

The ocean is deep and wide. Chainlink's value is not reflected in the current trading price. The depth of this project is still not understood fully by any one single person. Prepare.

Link is worth around 32$, its supply is 1billion coins, why do you fags think it will reach any higher price than it already is?

Every high priced coin is low total supply (under 100mil).

So yes its price increase slowly, but at best we are looking 30% early price bumps.

Now look at ripple there is 100billion of ripple coins, its price correlates perfectly with this 100times more supply, around 100times less worth than Link (who already reached its max worth as well)

Crypto insider here. I don't have any insider info on LINK, but I know a lot of people in the scene and a lot about many projects.

What's happening right now is not sustainable. Let's take, for example, EOS -- which has outperformed LINK in this run & has more than doubled in price in the last month. EOS is the epiotme of a shitcoin. The founders are frat bros who saw an opportunity to make a quick buck, and did just that. They have no intention of ever building a useful product, they're putting on a show for as long as they have to (and not much of one, let's be real).

When the entire market is pumping like this regardless of the fundamental value of the token/coin, a crash of some sort is inevitable. This will go one of two ways:

1) Everything will dump horribly, then good projects will recover as they have in the past.

2) Institutional money fuels the entire run and slowly money starts bleeding out of shitcoins and into legitimate projects, then the shitcoins dump horribly when people realize they've invested in vaporware trash.

I know we're all euphoric right now, but so is everyone else on this board. It's very possible LINK takes a huge shit in the near future, but remember you've invested in perhaps the most useful project in the entire sector.

Good luck, anons.

Why is it dumping right now?

Why has the fud been so crazy lately?
Have OG marines gone dormant till steaking?
I'm worried but at the same time I'm comfy as fuck.
Report in boys.

Why is this absolute piece of shit not able to move beyond $25/token? Why the FUCK IS THIS THING ALWAYS DUMPING?

LINK OG here (100k LINK). For the first time since LINK about 3 months ago I found a coin I wanted to start throwing money at. It was around 4 cents then. I had received a wagie cut due to COVID, and didn't have much disposable cash then, so I was only able to accumulate around 400k or so. Now my salary is actually higher than it was pre-COVID since the company is doing much better, and I have money again, but the coin is at 6 cents and it's hard for me to stomach buying it for 50% more. Do I just do it or should I wait? It's not on many exchanges so it doesn't really move with the market, but I'm wondering if it'll dip below 5 cents again. I really wanted to try to accumulate 1MM.

>inexplicably suddenly tied directly to the price of ETH
Why the fuck is this entire market so correlated? First BTC now this shit, can we just fucking MOON ALREADY? I HAVE NO MORE CASH TO THROW AT THIS, THE TIME IS FUCKING NOW SERGEY NOW NOW NOW NOW NOW FUCK YOU I'VE BEEN IN AN ASYLUM FOR MORE THAN 3 FUCKING YEARS WAITING FOR THIS SHIT.

>>26930780
i know i will be filthy rich

Other than BTC & ETH Grayscale's holdings have been very small, like $50MM or less. Why do you guys think they'd acquire a massive sum of LINK (large enough to really move the price)? It's nice to see adoption but unless they're buying like $500MM+ worth it's really not going to drive any major price action.

Got my buy orders in, what about you? Also some BTC buy orders at $20k. I love a good sale.

Anyone else waiting with cash on the sidelines for the inevitable dip back to $10?

>>25907792
Also Bidenbro is bout to raise cap gains to 40% tax for millionaires so we all need to actually have way bigger stacks than original to live off staking gains. Sucks bros, we were right all along but the world is just out to fuck us. Pic related.

Chainlink is trading at $2.48, trips decides the link price for EOY.

2.10
42.70 check m
0
100 satoshi
1023.92
1125
$5.88
1/3 USD
Another day another dollar.
suckaaaaaaaa
wombocombo.mp3
holy sh!t im a billionaire
WHAT WAS THAT
1k Is FUD
We're all going to make it
put me in the screencap lads
put me in the screencap
pizz me in the Screenshot
Witnessed
those arent trips
$1.58
THIS ISN'T TRIPS IT DOESN'T COUNT LINK 50 CENTS EOY

It’s time to let it go, you had your fun but Link will never be $14.88 again

Help. This was supposed to make me rich.