/biz/ - Business & Finance

>>26421600

>>21367861
seeing these images is why I keep holding, it's just baffling to see short term anons being unable to see how the most valuable cryptos pulled x1000 over time and link is well positioned to generate similar results, especially now that we have the hindsight of seeing it happen to btc and then eth, with link being the obvious third wave towards adoption of the smart contract concept outlined by szabo decades ago... like how short sighted do you have to be to sell now on a random pump at 7 on no news thinking this could be the ultimate top, when it's barely beginning to gain traction... I mean it could crash and burn tomorrow and that's a risk I'm willing to take, but the alternative upswing would mean it could keep exploding exponentially to two or three digits, with important news or a general market bullrun etc. can they really not project themselves five or ten years into the future?

the LINK generation has the advantage of hindsight that og BTC and ETH investors didn't have, they might have had intuitions about explosive growth but it was unproven so most ended up selling too early... go through the archives and you'll find very very smart and early anons showing complete disbelief at the possibility eth could even reach one hundred for example, but post 2017 LINKies saw it could happen and they understand it's now simply a waiting game

pic related, once we hit 8 understand we only need 3 more 2x to hit 64, this pic was made just a few months ago and it already evolved by almost one degree of realization

-- this is pasta of a post I typed on July 13

>>20358915
seeing these images is why I keep holding, it's just baffling to see short term anons being unable to see how the most valuable cryptos pulled x1000 over time and link is well positioned to generate similar results, especially now that we have the hindsight of seeing it happen to btc and then eth, with link being the obvious third wave towards adoption of the smart contract concept outlined by szabo decades ago... like how short sighted do you have to be to sell now on a random pump at 7 on no news thinking this could be the ultimate top, when it's barely beginning to gain traction... I mean it could crash and burn tomorrow and that's a risk I'm willing to take, but the alternative upswing would mean it could keep exploding exponentially to two or three digits, with important news or a general market bullrun etc. can they really not project themselves five or ten years into the future?

the LINK generation has the advantage of hindsight that og BTC and ETH investors didn't have, they might have had intuitions about explosive growth but it was unproven so most ended up selling too early... go through the archives and you'll find very very smart and early anons showing complete disbelief at the possibility eth could even reach one hundred for example, but post 2017 LINKies saw it could happen and they understand it's now simply a waiting game

pic related, we hit 8, we only need 3 more 2x to hit 64, this pic was made just a few months ago and it already evolved by one degree of realization

>>20298160
seeing these images is why I keep holding, it's just baffling to see short term anons being unable to see how the most valuable cryptos pulled x1000 over time and link is well positioned to generate similar results, especially now that we have the hindsight of seeing it happen to btc and then eth, with link being the obvious third wave towards adoption of the smart contract concept outlined by szabo decades ago... like how short sighted do you have to be to sell now on a random pump at 7 on no news thinking this could be the ultimate top, when it's barely beginning to gain traction... I mean it could crash and burn tomorrow and that's a risk I'm willing to take, but the alternative upswing would mean it could keep exploding exponentially to two or three digits, with important news or a general market bullrun etc. can they really not project themselves five or ten years into the future?

the LINK generation has the advantage of hindsight that og BTC and ETH investors didn't have, they might have had intuitions about explosive growth but it was unproven so most ended up selling too early... go through the archives and you'll find very very smart and early anons showing complete disbelief at the possibility eth could even reach one hundred for example, but post 2017 LINKies saw it could happen and they understand it's now simply a waiting game

pic related, once we hit 8 understand we only need 3 more 2x to hit 64, this pic was made just a few months ago and it already evolved by almost one degree of realization

>>17583490
>It will perform better in a bull run than it has in the bear market

>>17562655

Let us take a look at previous halvings and how they affected the price of Bitcoin.

Halving Number 1

When the first halving took place, one BTC was valued at $11. It happened on the 28th of November, 2012 and within the next 12 months, the price of Bitcoin rose to $1,100, something that has never happened before with Bitcoin.

The price of Bitcoin later suffered and crashed to $220. For the next few years, its price stayed below $1,000. Even at that price, it still was preferable to its former worth prior to the halving.

Halving Number 2

The second time Bitcoin halving was recorded was in July 2016. Its price was going back and forth between the $600 and $700 marks and suddenly took off in 2017 during what was termed the great bull run to settle at $20,000.

This massive surge was 33 times its value before the second halving occurred and more than 1,818 times its value prior to the original halving.

Halving Number 3

The next halving has been slated to hold in a matter of months and there are lots of expectations surrounding the price of Bitcoin. Many are hoping that it follows in the footsteps of past halvings and will hit a new high that has never been recorded. Based on past trends, Bitcoin price could come to be valued at $100k, which is around 10 times its price before halving.

Some crypto experts even believe that the price of Bitcoin will surpass $100k, like Jesse Powell, the CEO of Kraken, who is optimistic that after the Bitcoin halving, its price will likely shoot up to either $100k or $1m.

>>17275419
can anybody argue with this black man's logic?

>>17262534
OP, you here? Anyone?

is he right?