/biz/ - Business & Finance

>>20400411
we've been crabbing between 8.50 and 8.70 for hours wtf you looking at

>>20400411
$2 incoming...

>>20400411
>$4 rejected again
>$7 rejected again
>$9 rejected again <--- YOU ARE HERE
>$12 rejected again
>$50 rejected again
>$100 rejected again
>$1000 rejected again

nolinker delusion is at an all time high folks

>>20400444
8.47 and PLUMMETING

idk whats worse....nolinker delusion or XRP holder delusion

>>20400460
It cant even reach 10 dollars after 3 fucking years link loser

>>20400540
went from $4 to $8 in 2 days fucking retard

>>20400540
Also bitcoin took fucking 7 years to take off properly, so stop complaining that you're gonna be parking my car for me at my penthouse

>>20400481
ah I see you're retarded

Link will cause more suicides than any other investment at this point. One way or another. Praying for all

>>20400411
Your memes and fuds are nothing compared to our iron hands.

>>20400567
Wow from one cup of coffee to two cups of coffee real progress dumb faggot. I don't even like coffee

>>20400634
you realise that's literally double right? If you have 5k link and this sucker climbs to $50 bucks, that's a quarter of a mil straight up

>>20400496
Link is the new XRP. The schizo's that used to shill XRP? That's all on Link now. At least XRP conspiracy theorists would actually get into the technicals a bit. The link szicho's don't even care, they're the next evolution in delusion, they just tell you to hold no matter what. It's basically a religion.

>>20400710

So you are telling me you don't understand anything in the crypto/DLT/blockchain space

This shit is going to crash anyday now, there has been Z-E-R-O news to sustain a price like this. There's no product. I am so excited for all the pink wojaks coming to a biz near you

>>20400411
Just wait and watch

>>20400782
It will be glorious when linkies get rekd for the 67th time.

>>20400782
do you only read your news here? chainlink was name dropped like 2x by forbes this month

that's a problem? it being a religion? The loyal Link Marines are pledging 3-4 generations of wealth, snuck from evil jew hands.

It's the only way to fight the battle!

>>20400782
have you even read the whitepaper? This tech is literally a basis for all crypto, so it's gonna get fucking enormous for high investment trading nodes/platforms

Who fucking cares

>>20400823
They should've bought your 100x uniswap gem huh comrade?

>>20400589
>Also bitcoin took fucking 7 years to take off properly, so stop complaining that you're gonna be parking my car for me at my penthouse

>>20400823
More time to accumulate. I sold my linkies at $4.10 like an idiot

>>20400965

>>20400977
checked and yikes

>>20400756
You do know that since inception crypto has never been used for anything except as a speculative investment. You mean do I understand that?

Do I understand that Link isn't being used in any significant way, and has essentially zero meaningful adoption? Yes, I understand that, do you?

Billions invested in a centralized project that is run by a tiny handful of people? With no where near that amount in a valuation? Can you explain to me why Link should be worth billions? Completely reliant on roadmaps/partnerships which have NEVER done ANYTHING for crypto since crypto has existed? Reliant not on fundamental aspects or reality but on dreams of grandeur, and amateur investors? A crypto that lives on breathes on hype and price action?

I think I understand a lot more about crypto then most.

>>20400634
Bro if I bought $600 worth of LINK in 2018 I would have $10,000 now. Imagine buying a PS3 in 2006 and trading it for a car in 2008.

>>20401032
you have no idea what the fuck you're talking about and it shows.

>>20401032
If you think bitcoin is speculative, you don't really understand cryptocurrencies

>>20401098
Nows your chance to refute anything I've said.
Does a teacher insult their students when they get the answer wrong? Educate me. Try not to reply with ad hominem or anything other than an actual refutation of any point I've made.

>>20401032
Bitcoin is a $9200 stablecoin, so therefore is a store of value.

>>20401151
I would argue that you don't know what a speculative investment is, or our argument is merely semantic. I would argue that an investment that regularly drops 80% is speculative. Unlike other investments like CD's or even the S&P500 which historically returns ~9% ROI's. You could argue that if you got in BTC in the beginning, it wasn't speculative, but crypto was never destined to go up so much.

In fact it was originally designed to be an actual currency, but instead has turned into an alternative store of wealth. No one actually uses Bitcoin (or any other crypto besides maybe Monero in extremely low volumes) to buy anything or use in any other case besides as an investment.

>>20401178
Link has a function other then the tokenomics. The Token is going to be used as liquidity and collateral for smart contracts. chainlinks actual function is like a web that connects and legitimizes smart contracts. basically a lot of data analyst jobs and jobs that analize analysis jobs will be replaced by chainlink. No more lawyers for insurance claims, simply file your policy and if it met the criteria your given your payment in links value to USD based off the agreement

>>20401178
Most cryptos are trying to be the next "Bitcoin". Chainlink is attempting to become a system standard that major corporations and other multi billion dollar ventures from government to healthcare use

>>20401298
Yes. But this reads like the white paper of virtually any cryptocurrency project. They rise in value as speculators start dreaming about Lambo's, especially because of the 2017 bubble and how quickly the coins rise in value. The wealth has always been made by the first investors however, and it's incredibly hard to time it.

There have been so many crypto's that have come and gone here it's truly incredible. Go on any crypto listing site and you can see thousands of cryptocurrencies that all made/make big promises. However, the bigger the promise, the more evidence is required. And Link feeds off of the biggest promises/dreams. But it's in the same boat as all of the other crypto's - still looking for a place in the world.

>The Token is going to be used
This is the key here.

Blockchain is cool tech. But it's blockchain that is the novel idea and typically large investors (like the ones Link and XRP dreams depend on) don't want less power, they want more.

If you have experience with code, you'll know that smart contracts are essentially just lines of code (if this, then that). Software can exist to tackle the problems that Link looks to solve. And it makes little sense for a company (especially a publicly traded one), to tie its assets in the most volatile market that's ever existed.

>>20400411
DUMP INCOMING
https://www.youtube.com/watch?v=91u1LXwjUIg

WHY IS IT GOING DOWN!!!

>>20401744
needs to retest $5

>>20401744
SERGEY DUMPING
SEE >>20401716
NEVER CHANGE LINKIES. NO REFUNDS

>>20401296
Yet. It's the future of money. simple as that.

>know dump is coming
>don't have the guts to try and swing it and grow my stack
swingies get the rope right

>>20401837
Everytime bro. I'm right there with you. hold me anon

>>20401837
youre one of the idiots that wont sell until it hits $0 lmao

>>20400606
If Chainlink stops working tomorrow, most of DeFi will go to shit as they all rely on Chainlink oracles.

>>20401865
you're probably right

>>20400411
...It's up from 4.50 about a week ago and newfags are actually crying over it not going over $9

>>20400411
>AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>20401812
BTC? Not as a currency. When was the last time you used BTC to buy/sell anything? It's not built for it. Transactions are prohibitively expensive and can take days. It's ludicrous.

Fiat has worked relatively well for most of human history. I cant think of any fundamental reasons why a government backed currency will simply cease to exist. 2008 didn't effect it, and I'm betting we will weather the current recession, it won't be easy, but a paradigm shift where households (can you imagine your mom trying to decipher how to go all in on crypto) decide to buy into crypto is a dream that if possible is many, many, many years off. If anything gold, while not appreciating terribly well, has nonetheless held its value as a safe bet.

Crypto is still in its infancy. The couple hundred billion that are collectively invested into crypto is a drop in the bucket compared to the trillions in stock markets. It's not that I don't want crypto to be the future of money, but the facts aren't pointing in this direction (and *usage* is dropping). Also, it's sad to see that the exchanges (Coinbase) have literally become the banks (middlemen), robbing you w/ every transaction, which completely defeats the purpose of what crypto was supposed to be in almost every conceivable way. I have money in crypto, but I like to think I'm relatively realistic. If Link or whoever is going to be the next evolution in money, let's see some fucking facts and evidence, but that's not really what this board is about.

>>20401594
Most Cryptos aren't trying to do what chainlinks doing. Chainlink also has a lot of connections, and deals being struck up. Basically every fortune 500 company is going to be using chainlink, why? because it's cheaper and easier to do then going out of their way to develop what chainlink has already developed. It also helps that the tokens not in direct circulation will more than likely be sold to companies directly, if not burned.

>>20400460
Based and screencapped anon.

>>20400835
Forbes?? lmao you mean the article you probably wrote as a "contributor"? Forbes has zero credibility

>>20400844
Whitepaper and actual implementation are two separate things. There has been no major integration or announcement to sustain a $8 chainlink cube. Crash dummies are coming

FRIENDLY REMINDER:
The most truly Based Biztards among us have an equal amount of RLC and link

>>20402237
Yes Forbes. Many outlets are writing about it, you can try to FUD but the shits going up. It will be 1-10k in the future. The cov-19 and destabalized USA is going to switch to smart-tech and development of American "Smart cities". How a smart city will work in america idk, but they're gonna try it.

>>20402206
>because it's cheaper and easier to do then going out of their way to develop what chainlink has already developed

I'd need to see some sort of citation that demonstrates that link does this cheaper/easier than a rival solution. Or that it would be cheaper for a company to create their own blockchain bespoke.

I think that link prides itself on being this way to eliminate the middleman, not realizing that it is the new (highly complex and intricate) middleman.

>>20402291

Forbes
>I think this article sort of speaks for itself. News outlets aren't what they used to be.

https://www.forbes.com/sites/johnnavin/2020/07/12/xrp-is-the-crypto-to-watch-says-vegas-blackjack-pro/#6702f6df51f1

>>20402291
what does grayscale have to do with this? smart cities are 2030's tech

>>20401968
8.44 now, please keep laughing. /biz/ should be drowned in a wall of pink wojaks in a few hours.

>>20402433
Checked. This is going back to $5. Sergey literally has zero announcements up his sleeve. The biggest dump will happen after nothing is announced at Smartcon. I'm talking $2 (it hit $1.80 after covid-19)

>>20402349
You've got it mostly figured out. Middle menning Middle men has been a thing for centuries, this perfects it. People in power profit from the Middle menning, we profit from the Middle menning, corporations save extreme costs from the platform itself and profit from the tokenomics, and it be cemented as a system standards basically makes it so it'll never crash below it's future stable value (Look at American "Debt" and the U.S dollar value)

>>20400411
You said the same thing yesterday about 8

>>20400782
Eh news doesn’t do shit for crypto anyways except make it dump. The only thing that pumps crypto now is scarcity and FOMO.

>>20402433
Hope you're buying the dip

>>20402284
Just like we have an equal amount of link and req right?
Or how about the link and holochads perfect parity right?
Fuck you, I’ve been watching iexec since the start of 2018.
There is nothing that’s going to make iexec of more value than link.

I have 56k linkies. Just know that I'm closing this thread and you're still poor hahahaha

>>20400411
My gut tells me it's gonna do a flash crash ~$6 by the end of this and if it does it'll bounce back to something around to $12.

>>20402600
It's decentralized *confidential* cloud computing. That phrase alone should give you shivers.
You simply don't understand it just like how people didn't understand bitcoin at first

Buy at least a little bit fren. It'll go a long way. You'll thank me later.
You absolutely don't want to miss out on Bitcoin 2.0: Digital Oil Boogaloo

>>20402700
iEx is just a link clone and busty vaporware

>>20402479
>corporations save extreme costs from the platform itself

Yeah, again this is speculation. Anyone can do that, it's called a sales pitch. To actually implement it is another thing.

XRP is (allegedly) faster and cheaper than VISA. Doesn't matter if no one uses it and the banks don't want to fuck with crypto.

While the US' debt is an insane number, we are good for it, which is why we are the reserve currency for the world and have been for half a century. Our economy is historically the strongest which is why we can afford it. We aren't going to default anytime soon and the debt is a number that is in flux and almost arbitrary as it isn't a traditional amount that needs to be paid off by a certain date. If we wanted to balance our books, we could. We accumulate debt and other countries buy it no questions asked (Dollar is king), because we pay off our debts.

>>20402780
I think the banks want a cut and want to control crypto. Chainlink has the ability to do what they're saying, the Chinese and South Korean governments are starting to use it

>>20400411
Fool we're literally still in the middle of a pennant and it hasn't broken up or down. Just wait for the confirmation before you go all red wojack on us.

>>20400540
hasn't even hit media attention phase

>>20400679
yeah, linkfags, replies like these is proof that 50 dollars is questionable.

>>20401032
>crypto has never been used for anything except as a speculative investment

>>20400460
You know what delusion is?
2018: “1000 eoy”
2019: “1000 eoy”
2020: “$10. Heh, told you guys”

>>20403479
$1000 EOY

>>20400411
cope

AHHHHHHHH

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>20403662
>8.35

AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>20403730
$8.28
AAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>20403479

$1000 EOY

stay poor

Do I buy the 8.20 Dip

>>20403787
Too late anon

>>20403479
1k eoy

>>20403773
>8.30 and dropping

>>20403479
1000 eoy

Jesus the no linker cope is fucking real goddamn.

>$8.30 is supposed to be bad

wtf is this timeline?

>linkies getting cheaper
YES YES YES
I WANT TO BUY MORE

I don't wanna go to sleep, I don't wanna miss sub-$8 buyins

>>20400411
lol reemeber back in 2019, how many of these threads made for "5 rejected"
damn those times

>>20403479
1k eoy. stay poor faggot

>>20404640
do you know about limit orders

>>20402110
At least tell me Link can hit 25$?
I’ll sell my shit then abs walk away with a bit of profit, I can’t be mad at that

>>20404652
Do you think nolinkers will be making "10K rejected again" threads or will they all have killed themselves by that point?

>>20405019
They'll be making threads asking if they can still make it with 0.25 Link

>>20404985
Yes, it's possible because of the dogshit that has even higher market caps. But those are grossly overvalued as well considering none of them are used in any meaningful way either. The entire market is ridiculous.

>>20405019
>you actually believe this

>>20400634
epic

>>20400411
I sold my 20x for DMG. $2b cap Vs. $50M? Yea, I think i'm gonna make it.

>>20400411
What is the most common platform people trade crypto on here? Binance?

>>20405467
DEXs fool. swap that shit off a dapp. centralized exchanges are so 2017

>>20405571
Nobody uses dexes besides pajeets like yourself looking to gamble lunch money on zero liquidity shitcoins.>>20405571

>>20401098
Shhh let him miss it. He wouldn't have held through fud any way if he hasnt already fell for it

>>20405467
Coinbase and Binance are probably the most popular.

If you're a big dick trader who wants more details, coinbase has a pro version with buy/sell limits, leverage, etc.

>>20401032
Woahhh, wait a minute there nolinker, you're telling me that

>despite hating LINK you monitor the price religiously and make a thread as soon as there is any movement
>develop novel and intiutive FUD plotlines using the most up to date information you constantly seek out
>dedicate your creative energies to editing maymays with LINK branding
>have LINKtrader, GitHub, Gitter, pivotaltracker bookmarked so you can keep up to date with the project you hate
>actively participate in a LINK discord or telegram group
>know more about LINK than any other project, even more than stinkylinkies themselves

You need to have sex incel

>>20402477
It won't go lower than $2.4 until it becomes obsolete.

AAAAAAAAAA ALL BECAUSE OF TWITTER

>>20406270
Physically disabled people get caught up in these things. There's not a lot else for them. Feeling of power or something.

Just go ahead and dump link and Sir-gay for DOS NETWORK.

DOS has a finished and released mainnet with staking. They have a provably random number generator used for choosing validation node selection for a transactions/data feeds. This prevents collusion between node operators.

All this for $2M market cap. Plus, you don't have to fawn over that flannel fairy anymore.

Your welcome, Anons.

>>20401968
I really, really like this picture

Unironically

>>20400634
wow just doubled it's price outperforming decades of boomer stock market in two days wow wtf is this garbage piece of shit?

Bitconnect pumped hard too. The difference is that the exit scammer will be wearing flannel and is gay AF.

these nolinker cucks are too funny
"it'll crash down to 1 dollar!!!!!111!!!"
bitch, most people here bought sub 30 cents around 2-3 years ago

we'll be fine, you sad coping cunt

>>20401032
So you're the retarded skeptic type who doesn't believe anything before half the world does and doesn't trust in any information if it doesn't come from a peer reviewed scientific paper? That's cool, let's reassess in 5 years.

>>20401032
Shall I go on?

>>20403479
This

>>20403479

lmao, good post.

>>20405019
>my cryptocoin that is absolutely useless as stated by the 2nd most important person in crypto will make everyone who buys it a gorillionaire and will be worth a chinktillion dollars
Take your meds schizo

>$999.99

Should I finally fomo into link?

12 hour chart says it all. Fuck link

>>20402700
If I'm buying it, I'm buying the dump. So I'll wait till -10% or something like that.

>>20403479
1000 eoy, you just dont know which year.

>hahahahaha