/biz/ - Business & Finance

Yes,

>>17570871
It's completely over valued. It will sell off again soon.

>>17570871
Look, I don't care jack shit whether you want to make it or not. Just don't buy, fine with me. I loaded up 2y ago.

>>17570922
You are fine. Price 2 years ago was fine. But right now it is overvalued. I just don't want to lose money.
>just buy it you'll be rich
Are there any other arguments?

>>17570871
STOP CARING ABOUT MY BAGS.
I've made a bank already, you didn't. Kill yourself tranny

>>17570943
nobody cares
nobody cares about you
you actually think people who are already balls deep in link give a fuck whether you buy in or not?
jesus lol
you dont understand the difference between link land rest of the shilled shitcoins here
fuck off

>>17570943
search archives and decide for yourself

>>17570977
taking your depression out on others via bullying is a cry for help. but you deserve death

>>17570999
>taking your depression out on others via bullying is a cry for help
> but you deserve death
IRONY
POTTERY
stay mad retarded cuck lmao and go back to le plebbit with your hurt fee fees

>>17570977
You have made zero gain until you sell faggot

>>17571019
DR;NS goldberg

>>17570977
I just love the no argument responses.

>>17571078
ok lol

It's been over two years and they haven't accomplished anything.

Realistically chainlink should be $25 by now

>>17570871
you had 3 years

>>17571078
Because there is none
Just like eth or btc. Theses crypto Scam can go a long way if enough dumass fall for

>>17571130
I am a Newfag obviously

>>17571145
>I am a newfag
>asserts anything about Chainlink, let alone valuations

lmfao

>>17571164
I made my research and I want you to tell me why I might be wrong. Just tell me 3 reasons why it is not overvalued

>>17571195

Chainlink is the most likely token in its space to see actual usage. It's the most developed network with the most enterprise-grade features, features that people didn't realize they wanted until Chainlink put up a blogpost about them. That the devs figured out what customers wanted before they did should tell you how far ahead of the knowledge curve they are relative to everyone else.

>>17571229
Thank you for this response.

Why is the Link token so valuable? What will you do in the future with it? And why won't Chainlink just be copied by private companies?

>>17571267

Private companies will have a hard time copying it, not just because Chainlink is the largest network but because Chainlink not belonging to any company is part of its value proposition. Its impartiality is ultimately what will instill trust in the network, since it provides a way for banks to request each other's data without worrying if the counterparty is manipulating the data, since the Chainlink node is effectively masking all of the transactions. It's not BNP Paribas requesting Goldman Sachs data, it's Chainlink requesting Goldman data, on behalf of a third party.

The LINK token is valuable because it provides an incentive structure for Chainlink nodes to behave and not attempt to provide fraudulent data.

>>17571298
Great. Once I there is a mainnet or a major dip, I might buy this. Sounds really great!

>>17571397
Have fun fomoing in at $50, sucker

>>17571013
neurotic

>>17571013
you deserve death because youre evil. do you understand?

>>17571298
Stop. Spoonfeeding. Faggots.

>>17571013
based

>>17570871
>>17570943
>>17571078
>>17571145
>>17571195
>>17571267
Are you underage and/or from the third world? A newfriend perhaps? Gonna cry? Maybe shit and cum?

>>17571229
>>17571298
Blatant lies like this ruin /ourcoin/. Link smooths out data fluctuations between sources. Link is blockchain agnostic and as an erc10 coin the only one that has interoperability between chains. Any Blockchain any time as Sergey loves to repeat in his presentations. Nodes will get paid in link if and only if they get customers that need this data. The cottage cheese industry is great but they need more than just partnerships; they need clients and/or customers. Btw its 1MM LINK for a masternode which is where the 700k dumps went. Consensus must be maintained through the network but with only speculation Sergey must dump and these dumps are considered holy.

Hi Eric.
Let’s see that weak jawline. Shave yo face nigga

>>17570871
Cry harder

>>17571437
lol piss of kike, go die in a lake of fire

>>17570871
No shit it's a complete scam. But it worked out for early buyers

>>17571437

What is liquidity for 500 alex

>>17571439
None of these people ever buy because they're too pussy to do it or too smug in their incredibly flawed worldview to think they may be wrong. The beauty of it is that a faggot can't comprehend what I'm telling him, so when LINK goes vertical, faggots realize I was telling the truth and this increases their neck propensity.

>>17571397
Mainnet was last year, anon. Major dips were all of fall and half of winter.

>>17571439
How does it feel to know that I'm from reddit and I hold chainlink?

>>17570871
Price is determined buy the market . Has the best charts so far so people will continue buying Hoping for the for same result . The fomo is all that’s needed at this point . Will hit atleast 10 and duckers love to gamble . If a faggot will spend money on lottery tickets why not this that you atleast can decide when you win or lose . It’s really a simple choice . Only reason I hesitate from buying is I’m sad I missed out early . Hoping it comes down so I can get in but we will see how long that takes or if it just has too much momentum . Then again I’m only a week into learning about markets and crypto so I’m retarded

The price is more reflective of speculation than it is of utility. Chainlink's product is data aggregation and communicating real world data through smart contracts in teal time, accurately. Is it worth almost $5 a token today? I dont think so. Its more valuable than real companies with real physical products. Why is it so heavily shilled when there are hundreds of other tokens with brighter ideas? Memes. Cult following. The name is catchy. Sergey Nazarov. Idk. At this time, there isnt a lot of actual use of Link. There is less than 40 million people that own cryptocurrencies in the world. Some things you cant explain. I personally do not trust a token that the owner holds most of the supply. They own 65% of uncirculated tokens. Thats a red flag.

>>17572425
>Is it worth almost $5 a token today? I dont think so.
Exactly. It should be $500 at least.

>>17572443
It worth more as more people partake in the network.

>>17570871
kek

all these shills wanting you to buy their bags

>>17572482
The market seems perfectly happy to snap up link this morning, no bagholder need stay that way rn

>>17572443
Not even. Its all speculation for why it pumped to near top 10. Had nothing to do with Google integration or any of their partnerships. If you check out the top 100 wallets and some with 10,000 tokens, they were bought at ICO or two years ago. Not saying that Links mechanics and oracle blockchain idea arent worth a lot, but its still an erc20 token coded like a lot of scams. Its not exactly decentralized when Sergey owns 65% of the tokens. The more an average investor buys, you are just making them rich.

>>17572513
This is abysmal FUD. D-, apply yourself.

>>17572497
>no proof of no manipulation

still not buying your bag

>>17570871
you hold something better than shares, shares are useless and have no real value
LINK tokens are actually powering the biggest decentralized network the world has ever seen

>>17572513
>Not even.
You're right. It should be $1000 minimum tb h.

>>17572543

Plenty of proof of manipulation; Binance goes down and LINK skyrockets.

>>17572525
Im not going to argue about its price in fiat. I know for a fact chainlink isnt being staked on a worldwide scale yet. Ethereum in itself is overvalued. Bitcoin is too. 7 tx per second? All of these coins are 10 years old or less. You still cant use them everywhere. Thats the power of speculation. It doesnt make a difference if there is a Link network or not. To the tech guys, price is out of mind out of sight. To you on biz thats all you care about. Greater fool theory is the backbone of why crypto has value, period. Log off /biz and go out in public and tell me who is using these coins in real life. Crypto is not even close to where the internet was in 1994.

>>17572643
How does it feel being a nolinker, this is you.

>>17572643
>Log off /biz and go out in public and tell me who is using these coins in real life.

Crypto is almost entirely a backend infrastructure, retard. The point is that the random normie doesn't know they're using it.

>>17572662
Why do you get so offended when people talk truth? I get it. 95% of you are here not because of what link does, but because you caught the fomo bug and got lucky. Good for you. I hope that these projects work out in the end. Not against Chainlink. I just dont see why its worth $5 a token when not much has changed since 2017. Just more bagholders creating a network effect. Name me companies who officially are staking link and are using it for what it really is? >>17572687
Most people dont give a shit about crypto. Its still too early in its lifespan. Only ones who are balls deep exist on here or tech nerds.

>>17572826
>Most people dont give a shit about crypto. Its still too early in its lifespan. Only ones who are balls deep exist on here or tech nerds.

That makes it an excellent time to buy, possibly the most excellent time to buy.

>>17572826
Literal mouthbreathing retard.

>>17572876
Indeed it is. Not only are cryptocurrencies like stocks, but they can be used like money and contracts of ownership between multiple parties. Give it 20 years before crypto is completely mainstream. Still a lot of work to be done.

Why are you idiots still shilling this to 2020 newfags? The train left the station. They are priced out.

>>17572952
How about this. What if link stayed at 12 cents to this day? Would you still give a damn about it? If the price never went up. Do you care about the network being real and the code not being corrupted or that the price if the token keeps going up and the whole thing eventually being a scam? If link were to dump to 50 cents tomorrow this whole board would shit themselves. I care more about the tech being real than price movements because at the end of the day, thats what really matters. Pets.com vs Amazon.

>>17573121
>What if link stayed at 12 cents to this day?

You mean I could accumulate a 6 figure stack? God, I wish.

>>17570977
>you don't understand the difference between link and rest of the shilled shitcoins here
The difference is that link is a proven scam while the others are still speculative.

>>17571229
>The bagholders don't even know what they're shilling
What a surprise lol. You're a moron to put anything in Link--it's already had years to attract adopters and partners and has nothing. You'll lose everything going in on this scam.