/biz/ - Business & Finance

The noobs are back with loans, time to sell.

>>16266617
that's the way i see it op

>>16266617
>Welcome to Goldstein Loans
>Why yes, we'd love to give you a loan with a nice interest rate
>What are you using the loan for? Perhaps a nice downpayment on a house?
>You're buying Chainlink? NOOOOOOOOO!!!!!!!!!!

>>16266617
100usd is literally x50. Keep in mind with google partnership etc. we cant even break 4$. I dont think we hit 100 even if google states right this second that chainlink is the future of financial transactions.

>>16266797
For LINK to hit 100 we'd need both mass adoption and crypto bullrun to coincide.

>>16266767
Based

>>16266701
been adding to my margin since going all-in at 1.70.

bought at .60 and sold at 4 previously. feels like we are going straight to 10$

>>16266767
based

There has been this image circulating around 2016 /biz/ where some eastern european claimed to sold his apartment/house for Ethereum. He made it, if the post was true.

>>16266617
>>16266797
>>16266808
>>16266813
>>16266936
>4 months main net
>nobody can name a single dapp with users using Chainlink oracles in production
>(with proof link to dapp.com/dappradar/etherscan)
>Linkers: this is bullish!

>>16267071
reminder that LINK is NOTHING like ETH.

1. ETH had a testnet with thousands of users and finished mainnet 1 year after ICO, and only raised 16mil. Chainlink had a testnet and mainnet with ZERO users after 2 years and 32mil. It has gained ZERO adoption (the partnerships aren't using it). The level of developer adoption and excitement for ETH vs LINK is absolutely incomparable, LINK has none.

2. The Ethereum tech was actually innovative. It was the first successful attempt at a smart contract platform. It was decentralized and working one year after ICO. Chainlink only has centralized oracles (Sergey is lying about decentralization) which are not new or innovative. Their "innovative" solution to sybil resistant consensus is KYC.

3. The Ethereum foundation only had 1% of the Ethereum supply after ICO. The Chainlink team has 65%. Also when Ethereum was $1, it had a market cap of less than $100,000,000. It was actually a low market cap gem. Chainlink's real marketcap (if you count the 650,000,000 tokens in Sergey's wallet, ready to sell) is currently $2,000,000,000, which makes it an incredibly overpriced top 10 coin, not a low market cap gem like Ethereum was at the time.

4. Chainlink has already had mainstream exposure. It's made the front page of crypto subreddits countless times, was covered in forbes and every news outlet imaginable. Yet, even after all this attention, it has failed to get any developer adoption. It is fair to say that every single dev in the space knows about Chainlink, and decides not to use it. There are many projects running oracles in production, none of them choose to use Chainlink.

>>16267094
This is one of the only posts I've ever seen about LINK that actually try to give background rather than appeal to emotion. Thanks anon

>>16266767
>You're buying Chainlink? NOOOOOOOOO!!!!!!!!!!
why yes, how did you know

I pulled cash out of a credit to swing the web summit event and that shit fucked me up as I had to pay it back in a month. I pretty much took away the one benefit when it comes to investing in link - being able to wait it out

>>16266936

>>16266617
It might go to ten, maybe 15. And that would be awesome, My average was 25C. Got only 6,5 tho.

I can't borrow if I'm a uni student. Only thing I got was €2.5k student loan which is the max. That's only like 1000 links. I got 19k of links, I need a loan for €10k minimum.

>>16266617
OP is a retard

>>16266767
>Jew Goldstein
>Lends people money with interest
>Won't lend to cryptonoobs to buy crypto.

>>16269106
t. kike
>>16268724
you could margin and bring your stack to 30k.
Marines are convinced their coins will go to 1k, but won't margin. True that lots of them are probably comfy with their large stack though

>>16266617
step back and refresh your perspective, you are clearly delusional

>>16269117
>cash advance
>buy crypto anyway

>>16269219
sounds like an honest post, but november and december are looking very for link, in every aspect of analysis.

I've made this post a couple time, and most replies are trying to discourage me. Good thing I didn't listen. I've got to my target now. Not gonna dive in endless debt. That would be pretty dumb.

We are still very early in this. The smart-contract bubble has yet to come.

>>16266797
It's not a partnership

>>16269999
what is it then

>>16266797
when it comes to price development, partnerships only matter when there is a lot of dumb retail speculation money in the market. trump could tweet about buying up vast majority of link supply and the price would pump to $60 and crash to $15 again and crab

at the moment link has not captured real market value. 1000 eoy stems from big institutions/companies buying up link NOT for speculative investment purposes rather than for being able to pay node operators that cut down day to day business expenses letting them staying competitive. rather mundane and not fashionable.
if ever this probably wont start in an actual proper way until 2024 earliest.
2020 will still be about Proof of concepts regarding link

>>16266617
$20 would be a dream for me I can’t even imagine

>>16269355
This is the exact definition of delusion, to repeat the delusion without any basis. Both fundamentally and technically LINK looks doomed for the next few months. The only thing driving the price is delusions about short term value and the idea that the rest of the market will continue to HODL when nothing happens. Since there is no fundamentally bullish information that hasn't already been priced in, we can be doubly certain that as soon as this pump fails (which it will, having no catalyst but manipulation by sharks) LINK will dump down and crap $1.5-$2.5 until the next big market cycle after April next year.

Even in the best case outlook, LINK is unlikely to see higher than $20 by 2022, despite the delusion that it looks good enough by Nov-Dec to achieve even a fraction of this.

This op. I'm gonna apply for that 50k loan on monday.

>>16266617
Enjoy making payments while we all wait for it to moon.

>>16267071
There are a few anons who made hundreds of millions from reading about ETH and crypto on /biz/. You can find profiles written about them in finance publications if you look.

>>16270194
>Link will go under 2$
That simply isn't happening ever
>no fundamentally bullish information that hasn't already been priced in
kek, don't act like you know

thanks for your contribution.

>>16266701
first thing i thought

>>16270554
Link pls

>>16266767
Top kek

>>16266617
Why yes I invest in chainlink, How could you tell?

I don't think i could get a loan if i tried

>>16269999
quads of truth, It's more than a partnership. It's a fundamentally integrated.

>>16266767
> t. retard
jew bank or not if people don't pay the bank loses money. if they think you were going to default on your home loan they wouldn't offer a loan. Also if they thought you were buying link and they knew link was a good investment why wouldn't they just buy link and deny you a loan?

>>16270907
Because when they gain interest from the loan, since it's low risk they can always buy chainlink no matter what the price is.

>>16270821
https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html

>>16270930
Chainlink would rise faster than the interest they would ever receive to make up for the fact that they could have just bought link with what they loaned out. It's fucking obvious it's a bad idea to loan your money if you know a good investment you could put it instead..

>>16270964
the key word you said is chainlink WOULD rise faster, But it isn't right now. Banks are interested in minimizing risks and increasing profits. Interest is LOW RISK, All Interest is pure profit. When you take that money and put it into chainlink, Whether chainlink goes to 1$ or 3$ and you lose or win doesn't matter. Here's an example, Say you loan somebody 1000$ with 10% interest, That means whenever they pay you back you will get 1100$. You take the 100$ profit of the 1100$ and put it into chainlink, Whether you lose the money or gain off the 100$ doesn't matter, Because you will still be have you 1000$ left which you can loan out again.

>>16270051
a collaboration. which means almost nothing.

>Let me penetrate you with my thumb, linkie!
>No, please don't!
*Unbuttons shirt, showing his immense belly*
>Who's your master?
>I... I don't have a master.
>WHO'S YOUR MASTER, LINKIE?!?
>Allah is my only master!
>Take off your pants!
>Nooooooo!
*Unbuckles belt*
>Let me see that juicy asshole.
>No!
>You Muslim son of a bitch! I'm about to teach you what 'chainlink' is fundamentally about.
*Flogs linkie with belt*
>AHHH!! OK, MASTER! PLEASE STOP!
>Turn around and bend over, linkie. Take this!
*Shoves thumb up in linkie's rectum*
>AAAAAARRRRRRGHHHH!
>Hehehehe... Now watch this.
*Unzips pants, reveals his huge erect cock*
>Nooooooo, please don't rape me, master! I will do whatever you want!
>Ok, linkie. Log in to binance. YES, good boy. Now give me your phone.
*Beep beep click click-BUY. OK*
>Master, you just spent all my money on LINK...
>Yes, linkie. Did you like it?
>Yes, master. I feel so turned on...
>You're my slave now. All your Bitcoin is MINE!
>MASTER, I WILL DO ANYTHING FOR YOU!
>Alright, bend over, little bitch!
>Y-yes m-master!
>What a nice and juicy anus!
*Forcefully shoves his cock up linkie's butrhole, tearing up his sphincter*
>Oohh, by Allah, this feels so good!
>Take this, my servant! Uuuugh!
>Aahhh! Yes! Yes, master! Give it to me! Fuck me like Mohammed fucked Aisha!
>Yes... I think I'm gonna coom...
*Loud grunt*
>Oh! Oh! I'm cooming too, master!
*Unloads an enormous load of warm semen inside linkie's anal cavity*
>Good boy. Thanks for letting me empty my prostate inside your ass. Now get the fuck out of here. Next in line?
>Thank you for your cum, Master! I will always love you! Allahu akhbaaaaar!
*Linkie pulls out a gun and shoots himself in the head*
>Hmm his death really turned me on.
*Master Sergey takes off his pants again fucks the cadaver*

>>16271024
>>16269999
>>16270051
chainlink is unironically partnership agnostic. you just use the tech or get left behind

>Oooo yeah. All of this blood and mung is fucking HOT
*there's a knock at the door*
>WHO THE FUCK IS IT
>Sergey pulls out his massive russian cock, dripping clear cum on the floor as it leaves dead anus.
>It's Thomas, master. I have your next linkie.
>Bring him in Thomas.
*a cute little asian boi walks in. he is shy*
>Where are you from, sergey asks, his buttcheaks still sweaty form his previous session.
>n..niigata...
>WHAT THE FUCK DID YOU JUST CALL BE YOU BUG? SERGEY SCREAMS. BEND OVER

>>16271023
To add, If a bank decided to not loan out their 1000$ and put it all into chainlink, This would be a gamble. If they put 1000$ into chainlink and 3$ and it dropped to 1$, They would be in the negative.

>>16271023
That's not how it works. when you loan money to someone you are taking a risk that they won't pay you back everything you loaned them, all they money you loaned them is being hit by inflation which is slowely eating into your bottom line. Obviously if you know something would even 2x in the next 3 years its a better investment than any loan you could make with that money. If you know something will rise than the risk is low anyway,

I found an old credit card account I hadn’t closed properly. It was one of those interest free purchase things I did 6-7 years ago to get a TV and an PS. The credit line was $6k and the interest rate is 29%. So I bought 12000 linkies in March with it and have covered the repayments since, the stack is worth almost $40k. So yes, go long on link.

>>16266767
Kek

>>16271083
The point is low risk, You are also taking a risk investing in chain link because of how volatile it is. Loaning someone money is less risky, Because they are legally bound to pay it back, And most people do. Lets even add inflation. Banks make so much money they can pay for the cost of inflation, Which doesn't effect their net profit that much.

>>16269192
Margin is dumb because going up to $1000 isn't a straight line, obviously

>>16271122
You obviously don't understand the meme. The meme is saying that the jews know 100% that chainlink is going to win. If that was the case they wouldn't loan it out. period.

>>16271150
Right, But jews are very careful with their money. They are buying chainlink, But only with their profits. Jews have practiced methods to keep and gain money, to never have negative losses. In reality they just don't do this, Real jews don't spend money unless it is part of their profit, This way they don't end up in the negative.

>>16271126
the profit is still incredibly worth it. Just time your long. Interests rate are really not that bad compared to the gains you make if you're not dumb.

>>16271189
That's the stupidest thing I ever heard you're making stuff up now. hmm I could 1000x my money in 2 years or I could loan it out for 3% a year for 30 years. I think the 1000x is the obvious winner. volatility does not mean something positive or negative. It means if you know its a winner it will make more than something less volotile.

>>16271302
This is a question of whether chainlink is the future or not, It is. It is obvious where the future is heading. I think it is foolish to think you know when chainlink is going to 1000x. I'm saying jews in real life take low risk investments over high volatile and non guaranteed investments. This is why jews own banks. Please give me the date of when chainlink will moon plz.

>>16266767
Kekd

>>16270155
Checked and I feel the same. Life changing event.

>>16271048
>i'm gonna coom
>coom

*wheeze*

>>16271830
I have bad news for you then anon

>>16267071
Someone in the Netherlands Sold everything to go all-in BTC, around 3-4k. Before 17k bullrun. Dude had a family and everything.

He made it too.

All last year rather than put more money in my student loans I went on IBR paid only my interest amount and put all the extra money into link. Made like an extra 30k doing that.

Borrowed 5k before the credit card cash advance banned of 2017
>Run your Jules

>>16266767
>they werent supposed to know!!

>>16271641
link will be $100 on the day I have 42k link

You fucking faggot Serge you roll this shit out and try to demo it in some small Podunk town desperate for development.
Then we'll talk about breaking anything else other than your Xbox games.

>>16270199
>>16270877
you know what to do.

how do I tell if a post is a bot or not?

>>16273295
you check if the bot answers to you or not

>>16273295
just report every suspected bot
jannies will figure it out