/biz/ - Business & Finance

>>14357858
because it's a 4chan pump and dump coin

>/biz/ coudn't see it was a pnd

>>14357884
>>14357891
>>14357858

People keep FUDding it as much as possible and then they're surprised when it's working lol

>>14357858
you sold the top right?

>>14357858
retard ..link is no working product...all currently had is big mac and jason parsor.

icx, vechain all over again

I'm disappointed. That was good news. The announcement literally means that adoption is happening for chainlink. But when vechain partners with a slant-eyed Walmart it's a huge deal with 3k upvotes on reddit. I don't get it

>>14357928
it's not a meme, but you won't see this take off for another 6 months at least. it's way too early.

>>14358028
4chan successfully memed plebbitors out of massive long term gains while we continued to accumulate
wagies rising

>>14358028
forced adoption, not organic like actually valuable technologies

>>14358066
of course fren
my hands are absolute adamantium. not thinking of putting sell orders until 4 digits.

>>14358028

It's not partnered with Oracle. It's partnered with Oracle Brazil. its literally a small side branch. a complete nothing burger which 4chan will likely try to pump and dump with

>>14358066
$0.25
>It's early
$0.50
>It's early
$1.00
>It's early
$2.00
>It's early - You are here
$5.00
>It's early
$25.00
>It's early
$100
>It's early
$1,000
>About right

Wow incel coin isn’t making you rich big surprise

>>14358123
Who is this 4chan?

Relax, only whales are selling off right now. Anyone with any sense is holding on for dear life, this shit is going to the moon.

>>14358123
https://www.oracle.com/startup/

>>14358149
If you had any idea where this was going, you'd say $1000 was early too.

>>14357858
Anyone who isn't completely retarded should be funneling their entire net worth into LINK right now. This is close to a sure thing as you're ever going to get in this lifetime and fags are complaining about it kek.

>>14358199
Come on dude you just went full retarded, even a $100 LINK would be massive.

>>14358222
Trips don't lie pussies

>>14358252
this

Oracle is stealing subarus to bribe 50 Brazilian steakhouses into using Chainlink. They're desparate at this point.

>>14358222
That's how I felt when I bet on Hillary winning. I didn't want it to happen, but I at least wanted to make some money on it

>>14358252
lmao weak hands

$100 is possible just off pure speculation. with a mature network and just 5-10% of the derivatives market, 4 digits is not a meme.

HAHAHAHHAHAH IT'S ALREADY DUMPING AGAIN.

REMINDER THAT LINKERS ARE TRAP & ANIME LOVING FAGGOTS WHO ARE FAILURES BY NATURE. YOU WERE MEANT TO BE LOSERS HAHAHAH XXDDD. NATURE ALWAYS WINS.

ENJOY EXPLAINING YOUR PARENTS WHY YOUR "INVESTMEN" (HAHA) FAILED

>>14357858
The fundamental technology has immense value, it is clearly big enough to be used by the big dogs, the reason we aren't seeing a huge pump is this:
>Hard to access in the USA
>It's an infrastructure coin, it's complex and hard to explain to normies (bitcoin is digital money simple, chainlink is a lot more complicated)
>It's been FUD'd hard for the past year
>Partnerships are great, but actual success stories are needed before wider adoption
>market manipulation by whales and insiders to postpone growth

A lot of cope in this thread

>>14358164
>Relax, only whales are selling off right now. Anyone with any sense is holding on for dear life, this shit is going to the moon.
I actually unironically really appreciate your saying this.
I realized very quickly that I am NOT a trader, so I don't swing or anything, I just HODL. And I try to just disconnect from the price. Ideally by just ignoring it and checking once a month.

After google announcement that go harder and I found myself getting wrapped up in the excitement. In part because I have been -- against my better judgment -- allowing myself to get my hopes up that price will rise to the point where I can pull about $5K per month out of my stack and just chill for awhile, try to start a consulting practice, and pay down some debts.

I watch this today and I think, OMG this if FUCKING HUGE. this is the biggest partnership in all of Crypto. This is a Fortune 100 company saying that they will help startups sell their data using chainlink. This seems like the biggest announcement in the history of crypto.

And yet the price starts dropping.

Yeesh.

>>14358352
You sound like the retards that get BTFO'd on Shark Tanks
>with just a small percentage of this massive industry

>>14358398
>internet let's computers communicate and transmit info
>blockchain let's people communicate and transmit value
>Internet and blockchain can't talk to each other
>chainlink translates

It seems so valuable and practical. You've got to follow your gut when it comes to investment and not let market manipulation affect you.

>>14358330
>denies trumps meme magic
>denies chainlinks meme magic
How many times until you learn, heretic? Burn him at the stake

>>14358463
lmao cope
if you were in the early threads, you'd understand who is really going to use link first and who is really going to pump our bags.
derivatives industry is not a joke, they are the ones who will profit the most out of chainlink initially.

>>14357858
this is fucking bullshit how did i buy the top
who THE FUCK IS SELLING RIGHT NOW
WITH THESE FUCKING PARTNERSHIPS
WHY WHY WHY WHY WHYYYYYYYYYYYYYYYYYYYYYYYYYYY

>>14358352
Just saying, at 10% of the derivatives market we'd be at around $50k per link.

>>14358661
exactly
link isn't purely crypto, it stands in the middle of crypto, finance, and tech. thinking in terms of crypto mcap long term is very stupid.
*if* link succeeds, its potential is beyond most nulinkers wildest hopiums. of course, most of them will probably sell early because they still don't understand link.

>>14358534
I understand all of it you fucking mong. You're still deluded

>>14358613
HAHAHAHAHAHHAHAHAH RETARDED. YOU BOUGHT A USELESS JSON PARSER AT THE TOP

>>14358534
>derivatives industry is not a joke, they are the ones who will profit the most out of chainlink initially.

Totally agree with this. Wish I had a better sense of wtf is going on with that. Have been watching ISDA and their collaboration with Digital Asset. Lots of hints that DA is working with chainlink -- no I'm not talking about accord, but about lots of DA guys following chainlink on twitter and liking posts about chainlink and oracles. But who fucking knows.

>>14358732
>>14358720
>>14358661
>>14358613
>>14358534
>>14358532
Explain to a brainlet. This sounds extremely bullish. Do I add to my position?

>>14358028
>But when vechain partners with a slant-eyed Walmart it's a huge deal with 3k upvotes on reddit. I don't get it
it's not hard to understand. plebbitors are bagholding the chink coin.

I WAS PROMISED $10

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>14358613
t. plebbitor

>>14358613
Relax, if you can't handle a little bit of volatility you are not gonna make it.

>>14358758
All you need to know is you have a better chance of getting struck by lightning than this ever manifesting.

>>14357858
Only Autists cared about APPLE Computers in the 80s and 90s, yet look how far they came

>>14358758
Even if you somehow don't believe in link, it's definitely primed for gains in the short term. Best performing crypto of the bear market.

At the end of the day, DYOR and go back in the archives.

>>14358817
How many times did you hear "this is the next [X]". How many times people were actually right?

>>14359015
On /biz/? With this level of research, memes, and shilling?
The closest thing was probably ETH. You can't compare this to flavour of the month shitcoins.

>>14358661
no it won't, you still believe the "1:1 collateral" meme. Derivatives are huge but a chainlink absolutely does NOT need to stake 1:1 collateral. By their very nature options are leveraged- you only need a fraction of the value of the contract in your margin account. Of course it will be the same way for chainlinks.

it's all so tiresome.

>>14359142
kek 42get - where u at 42?

>>14359123
1% of derivatives market with 1% collateral is still $5000 EOY

>>14359015
often - but thats not my point. treats this as a longterm speculative investment (not like degen SWINGLINKERS)
depressed wagecucks see LINK as the one for all magic tonic for their pathetic existences.

ICO buyer chads will hold their coldstorage bags for years/decades

>>14359191
this fact makes me wonder if i should leave /biz/. i'm willing to hodl for years but /biz/ isn't really helping.
it has some of the best memes and discussion related to crypto but overall i don't think it's good for anyone's mental health.

>>14359180
share your math pls?
i'm not fudding link but the 1:1 collateral thing is a huge misconception

>>14357991
i just need to see icx enter green and link dump so i can gtfo icx into link. u can do it babbyyyy

>>14357991
>jason parsor
mfw

>>14359191
>>14359324

just have faith frens
if u cant handle the daily FUD, get off the board, go spend some time in /fit/ and have u gains match u gains

otherwise just strap in for the daily emotional rollecoaster.
just never forget- honkhonk

>>14359191
There is a major oversight in all this shilling though. A MAJOR one.
>>14359191
Give less emphasis on the speculative part and you might understand what I meant above.

I can't be more clear than this because right now I'm Michael Burry shorting the housing market.

>>14359142
>>14359176

>>14359387
ayyyyyyyyy this dudes like batman- flash the symbol and he appears.

my question to you fren - keep dca 30% weekly income up to $5 or hold and wait for a a correction to dump half my fiat savings into link

>>14359439
>There is a major oversight in all this shilling though. A MAJOR one.

To you >>14359102

>>14359446
I just bought another 5k links today
this news is great
btc is going to make a run for it though
then again, so is link and I think it will outpace it

>>14359388
Why change the thousand number to something like "the price increase by half or decreases by half" . The only thing that 1000 would really affect would be bitcoin and even still it would be at about 10,000. Literally every coin would be put in the dust. Just curious tho

The fact link didn't pass $3 after this bullish presentation should tell you all you need to know. This is not going to have the same impact as BTC or ETH. Very disappointed and I am one of the oldfags so you can guarantee I know my shit when it comes to link

>>14359446
>>14359514
this news accelerated things

>>14358398
Biggest partnership in all of crypto? WTF is wrong with you, Walmart is using Vechain you fucking retard

>>14359514
good to hear
i dumped 0.5btc @ 11k
made me scare for a lil bit - Im still long btc/eth/link -- just dont feel btc can keep this run up

>>14359564
it'll only pump hard if normies get into crypto again honestly, only autists who lost all their money still care about this shit anymore

>>14359672

>>14359361
Not the person you're replying to.
Deriv's market is 10-1000Tn depending on how you calculate. Let's take the lowest estimate.
10x10^12*0.01*0.01 = 1bn value for tokens locked as collateral.
If they are that widely used, we can expect most tokens would be circulating. Price of chainlink would be $1/(fraction of tokens locked), e.g. $5 if 20% are staked.
That's the absolute lower bound, but in chainlink's purpose the higher notional values of the derivatives market are likely to be applicable, as each contact doesn't really care about what else is going on, it doesn't have to be "real" value. That would be $500 per stinkie.
Any multiple of % of the market or % of collateral would multiply that directly too.
That's not counting other markets (insurance) and speculative value.
EOY is a meme but 1K is realistic.

>>14359564
>I am one of the oldfags so you can guarantee I know my shit when it comes to link

if you have to say it - you probably aren't

>>14359737

>>14357858
1000 eoy

>>14357858
>cant even break $2.50
>cant even break $5.00
>cant even break $10.00
>cant even break $50.00
>cant even break $100.00
>cant even break $500.00
>cant even break $1000.00

>>14358176
G..g...guys? I think we just got scammed by favelanon

>>14359776
mfw I bought a phat stack today
theme song:
https://youtu.be/ap6R8qhC1y8

>>14357858
Haha link is just a simple json parser wrotten in Adobe c++ lmao you deluded linkies this Sergeys “hello world” program is going to be worth more than 2.50, ever!? Holy fuck lads they had to CHANGE THE LOGO from a high res good quality image file because Rory lost the fucking PSD master files so they forced a rebrand, they didn’t even have a mainnet when they did this, think about it. Also the whitepaper specifically states on page 42 that the token requires a peg to USD at $1, it’s literally a fucking stable coin! Hahaha fuck ChainLink is pathetic and so are linkies.

>>14359873
patrician musical taste


my hype song for today:
https://www.youtube.com/watch?v=hhAk8nlGxSE

>>14359917

>>14359933
double chekked
>system of forgotten machines
is that what they're calling huemans these days?

>>14358375
Don't forget that we have almost 2 hidden coins for every 1 circulating coin, and when big players come on board those are the coins they use.

KIN token sale advisor also advised Chainlink ICO.
ugh oh.. RIP LINKIES

>>14358087

>>14359991
its what we will be calling them from our stinky fifedoms

>>14360029
>securities
ChainLink literally is a utility now. The Oracle presentation at CloudExpo just affirmed it.

>>14357963
Autistic linktards think that institutions will be market buying their shitcoin.

t. linkmarine since Nov 2017

>>14358352
I estimate with the fundamentals it is easy to say that 24% of the derivative market is a realistic outlook that is hits 4 digits high. not low. big deals don't care about a digit fee if the contract they are making is bulletproof blockchain off data in yo' faces. this revolution. bulletproof via the middleware man as smart contract enabler. easy 4 digits.
>imagine the ride to 4 digits
>pic related

>>14358066
this. we are still super early but so far with all the partnerships and everything we are doing exceptionally well. by the time the derivatives mainnet goes live in 2020, thats when we see the real singularity. selling or swinging before then is just suicidal ideations in action.

>>14359365
desperation: the post

best of luck to you lol

Why is it dumping so hard FUCK

>>14362004
I love seeing posts like this from retards who bought high. It's still well above where it was yesterday. I still have 10k more than I did yesterday.

>>14357858
this is real organic growth in the crypto market with little manipulation.

This is huge.

"Enterprises will spend $LINK when they call any startups' APIs toward the @chainlink node operators"
https://twitter.com/fribeiro1/status/1143655415407927296?s=09

"We’re thrilled to work with great companies like Oracle and their @oraclestartup team, which has graciously offered to support 50+ Chainlink nodes/teams that will be providing high-quality inputs and outputs into Oracle’s various blockchain environments @fribeiro1 #smartcontracts"
https://twitter.com/chainlink/status/1143649137956663298?s=09

>430,000 cuatomers
>50+ chainlink nodes/teams
>plaid shirt
>enterprises will spend LINK when they call any startups' APIs toward node operators
>$187 billion marketcap company
>3rd largest software producer in the world
https://en.m.wikipedia.org/wiki/Oracle_Corporation

>>14362058
Fuck newfags
fuck the bull market
fuck trannies

it's so blatant that people hype up all this bullshit that might be related to chainlink, then switch to FUD right after. Anyone trying to talk sense about this conference got called a discord fag. Smart people sold the top, same as every conference before this (except consensus).

I can't stand this fucking board anymore. The bear market was fun and I bought a ton of link last year. Now it's just newfags and shills.

>>14362317
>fuck trannies
>got called a discord fag
>Smart people sold the top
the trannys are evolving

>>14362415
> he fell for the meme

hey retard, the people calling everyone trannies hype the shit out of these bogus announcements and then fud on the way down. they talk shit about swinglinkers while being swinglinkers themselves you dumb fuck. how new are you?

anyone else switched over to link/usdt charts from link/btc?
link/btc doesnt make sense anymore with link and btc pumping at the same time

>>14362623
yeah using link/btc for charting purposes now is just stupid. The chart still looks like it could make a parabolic increase to $6, but i think we still have to wait a week to see what it looks like.
if it dumps without rebound the singularity is cancelled.

>>14362623
Pumping at the same time? Link just had a dead cat bounce, my guy.

>>14362678
thats my point. it looks like a dead cat bounce on the link/btc, but the link/usd hit new ath and testing new support.

>>14358151
>incel coin

Back you go.

Can anyone make an Asuka Prophecy for Chain Link? I need it so I can plan out when to buy and sell.

>>14363175
No because no one knows where link is going in the short term.

But the short term doesn't fucking matter for link. If you really want to make it, put all your linkies away in cold storage, come back (at the earliest) in 3-4 years and you're unironically rich beyond your wildest dreams.

What's the fucking point if LINK will always be cucked by Bitcoin?

>>14363256
How so?

Look at link's performance compared to other alts in the last few months. Link's movements hardly depend on BTC anymore. In the future we'll be totally decoupled as the banks and tech corps pump our bags.

>>14363256
it's not about BTC. People are just selling the news. The price started dumping at like 4:32 EST.

>>14361290
Did Sergey no say we'd see insurance derivatives and supply chain on mainnet before the EOY

>>14358199
shut the fuck up you delusional retard

>>14363300
It's always about Bitcoin. LINK & BTC are inversely correlated

>>14362784
>>14362678
>>14362668
newfags looking at charts that confirm with their views.

>>14363427
this

Why it can't breack that?

>>14358613
>this is fucking bullshit how did i buy the top

Because you're swingtrading during a bull market. I'm a nulinker who bought at $1.77 and even I'm in the green. Just put money in BTC and LINK and hold instead of buying into pumps. You'd be up 3 and 10 times respectively if you had done that.

>>14357991
Holy fuck please attempt to actually learn English before attempting to type out this stale debunked pasta.

Imagine being so fuckin' brain dead that can't see how Link is just going to go straight up.

1k EOY, it is known.

why did sergey remove easypost and flightstats from the slides recently? they used to be on it