/biz/ - Business & Finance

reddit finally stopped believing /biz/ fud

>>21341104
No they didn't. They still think it's a scam. No one on reddit is buying

>>21341060

Hopium and bullshit.

>>21341104
Nah, they still eat it up kek, this is something else.
Reddit will buy in when it hits $100.

>>21341060
Unironically stimulus checks.

someone was buying a fuckton earlier using aave liquidity pools and eating the collateral loss

>>21341060

This is classic tulip mania.

This shit has nothing but memes and bullshit. Centralised, pre-mined shitcoin pnd scam.

Even a fucking retard would know that we are on the threshold of a huge bullrun. Better have your positions now and be ready to exit

If Bitcoin breaks 20k we will go to fucking 100k

>>21341060
Lots of hype around ""DeFi""

>>21341060
A lot of USD fear has people buying BTC and it spreads out from there. Though LINK is its own unique situation.

>>21341176
How does that work?

>deposit 1 eth on aave
>borrow .5 eth worth of usdc
>buy link at market
>???
>err... profit?

why could i not just buy 1eth worth of link?
I still have to pay the usdc, and my eth is locked.

>>21341060
Defi

>>21341060
Normies are entering ChainLink on a massive scale.

A lot of things.

But Link's use case actually being the future for business and finance is the main point. I personally think smart money is noticing what's going on / potential of the product and jumping on board/ I mean just look at the partnerships. Coke-cola will be using the technology and some anon just left bread crumbs for a potentiality of Mc Donalds using link as well.

Normie money maybe starting to come in but nothing enough to rock the boat and boost market cap as much as it has. This might actually be the beginning of something very very big. Time will tell.

>>21341186
yeah link will crash and burn. It is surely an exit scam.
Flare kills eth/link/PoS. Literally cannot compete.

flare.ghost.io

>non turing complete FBA
>trustless
>microcent fees

This may sound dumb but I believe the increase in price for link, is because some idiot was spreading rumours that sergey was satoshi. That image is on every fucking board,twitter, discord, reddit,imgur.
Now the normies are FOMOING in on this one rumour thinking that chainlink will reach BTC price "and this time i will not miss out"

Anyone knows this is a sell signal to get the fuck out.
BUT i do think we will still see massive gains so just watch the price action and ride this beautiful wave before it comes crashing down.

>>21341351
you get to keep both assets, so you don’t have to close your long on eth by selling it for link. You can own both

>>21341060
Crisis is coming, someone organized this squeeze to leave a lot of kids holding bags for the next 5 years. BTC went up with media attention, but nobody talks about LINK on CNN. This pump is very unnatural, be careful guys. Hard times ahead, you don't want to lose your life savings right before the global economic depression.

Canary in the coal mine. Once Link pumps and dumps all profits will be funneled into BTC

>>21341617
but sergey and his friend is satoshi nakamoto
>they chose that name because they're anime weebs

>>21341191
where the fuck will the top be for LINK? i saw what happened in 2018 i'm not watching my portfolio fall 90%

>>21341060
The only bullrun is for the oracle problem. Link and pnk solve it together. If you’re wondering what I’m referring to. Ask yourself, can link handle subjective data? The answer is a hard no. We hedge now

>>21341060
China is collapsing and capital is escaping into Link. I posted this weeks ago and nobody paid it any attention. Its Chinese money that is being cut off from investment or the usual paths and is dumping into Link to escape their financial crash.

Its similar to the event that originally propelled Bitcoins first run.

>>21341351
more like
>deposit collateral
>borrow link at maximum leverage
>avoid taxes and slippage on the transaction
>dgaf when liquidated because you have a shitload of link

>>21341844
Checked and this.
t. 11k link 350k pnk

>>21341517
My 2017 senses are in absolute overdrive. I am taking profit out of general precaution. Trying hard to keep it below 10% But yes anon, I concur on your this is the start of something else sentiment. Quite honestly, this is the first time a coin has big boy industry utilization behind the retard strength pump. I hope you live your best fucking life anon, CHEERS!

>>21341060
August 29th 2k.
Get in now, not a random date

>>21341819
that was 2018, when the bull run ended.
Think of it this way--this is just the beginning of the bull run of 2020-late 2021.

>>21341191
What positions should I get into

>>21341617
i forgot about this, i noticed the artificial barting but couldn’t figure out where the retarded buy pressure was coming from out of nowhere these past two months.
It’s the sergey is satoshi bullshit, has to be. Oh fuck imagine the dump, like buying a suicide stack right now costs 17k, imagine what would happen if someone bought and the dump dragged them to 3k. If a global crash happens I see losses on the level of 2018 happening.

>>21341933
What's the significance of it

>>21341865
Retard post....schizo

>>21342069
What do you think LINK will be at on august 29th?

>>21341865
Why link instead of bitcoin

>>21342043
Man I hope so I need to get back in

>>21341119
There are literally people on twitter associating this coin with nazis because of biz's obsession with it lololollol

Tooo fucking good.

Send 'er to the fuckin' top lads.

>>21342168
What happens on 29th August?

>>21342168
I'm thinking possibly 100 honestly. Does the date mean something?

>>21341060
Two things:
1) DeFi boom
2) Bitcoin broke symmetrical triangle/downtrend of two years

>>21342312
None of your business, rude, who the fuck are you

>>21342187
Probably because they just see actual value in it and are trying to keep their capital from losing value.

>>21342101
>China is currently facing historical flooding doing untold damage
>Their crops have been destroyed and are currently facing famine
>Their gold was uncovered to be fake
>Their shadow banking system is collapsing
>They allowed the first bank in 20 years to go bankrupt
>There is actual infighting in the party between Xi and his second in command
>They have limited withdraws to less than $150 because of bank runs
>The situation in Hong Kong has fucked them royally as being able to convert HKD to USD at a steady ratio was actually vitally important to them

I could go on and on. The fact that China is starving and there is live party infighting as the country is underwater is more than enough.

>>21342320
https://coindoo.com/chainlink-price-prediction-august/amp/

Good read, but look for more

>>21341104
We should get more creative and get back at that, I dont want middle/upper class reddit faggots buying even now.

>>21342405
Ask your mother. She was very good to me yesterday. If you know what I mean.

>>21342439
> Drowning insects lmao
Kek

>>21341119
Okay. Since when did we give a fuck what redditors think?

>>21342439
I mean it kind of makes sense?
Is there any solid evidence of this? More link activity on chink exchanges perhaps?

>>21342439
This makes way more sense than people believing Sergey is SN. Anyone who believes that enough to invest because of it wouldn't have the capital to cause this craziness.
I get the feeling that its something govt related such as banks getting on board.
Also grayscale hasn't announced a LINK holding yet, I am assuming they will soon.

Because lots of new money is coming into thanks to fear of inflation, but instead of buying BTC people see the insane profits alts are making right now. They bought ETH instead of BTC, pushing the price to FOUR HUNDRED DOLLARS, and now have swapped that for alts because they want to double their money.
That and gas fees are so high nobody is cashing out.

When the penny drops and everyone rushes for the exits it's going to be a disaster.

>>21341176
By earlier you mean few days or hours?

>>21342443
all these predictions are already wrong

>>21342439
where are you getting this info from? china doesn't just air their dirty laundry for the world to see

>>21341844
Checked and oracle pilled. 80% link 20% pnk is the new btc/eth portfolio

>>21341819
Use google search trends as indicator. Compare 'chainlink' with 'ethereum' and see how early we are.

>>21342043
Imagine if Sergey (satoshi) moved his BTC value on paper over the counter in a manner that transfers that monetary value to Link.

>>21342405
im gonna rape your pussy

>>21342405
I'm holding link as well, so it's my business you fucking pajeet.

>>21341104

>>21343661
hes not wrong about the flooding and CCP party infighting.
Not sure about the HK bit, wouldn't surprise me tho.

some defi exploits/fraud probably. only erc20’s skyrocketing. defi bound to implode sooner or later. 2017 tether fraud vibes. GL stinkies sold my stack.

>>21341517
>Coke-cola
any source? or is this one of those "everyone will be using it eventually" statements

>>21343705
that's arguably the single best indicator desu. good call anon. i saw the screenshots of the ripple google searches compared to LINK... we aren't even close bros.

>>21345022
>any source? or is this one of those "everyone will be using it eventually" statements
there was a tweet about this, but no clue what it means in reality

I bet there was something on Chinese TV about it

Market manipulation by whales & people deciding link is the beacon of the next bull run

>>21341060
I knew the pieces fit...

>>21343705
Are you stupid enough to see this as bullish?
LINK is now where ETH peaked

Pump and dump scam

>>21346716
>Etherium

>>21346716

>>21342187
The bitcoin network is literally kept alive by Chinese miners. If that dam breaks, bitcoin is dead.

>>21341195
Buy the rumor, Sell the news...classic tactic, will be the same here but alas there will be those that 'hodl' and lose out on super easy money by being too greedy. Most truly never learn.

Zeus Capital FUD is just advertising Link to all of CryptoTwitter.

Big accounts on CT are now all sayings; "I've always been in LINK"

Everyone thought the Link Marines on there were like the XRP Army. They are now seeing how different their investment choice is.

>>21346716
Intentionally or not you are one of the finest FUD engineers I have seen on this board. Please keep up the good work.

i find it strange how it wouldn't go beyond 5.00 for a long time and all of a sudden it's pumping. at a fast rate

when it was under 5.00, it used to take a week for it to pump. now it only takes like 3 days and then it pumps wtf

>>21346787
>ur dur I’ll just scrub the line in MS paint and redraw it
You linkies are gonna get what’s coming to you

this shit will eventually dump back down to 5.00 dollars
we have to wait until the whales sell

>>21346955
10,000% gains are coming to me

>>21347011
Fucking COPE loser

LMAO

>>21346832
xrp and link marines are one in the same desu

>>21346716
>etherium

Honestly this is no longer fomo. Link 50 dollars EOM. Something is happening behind the scenes. No way retail investors are pumping this.

>>21341767
ETH had the same run early 2017 without being on CNN

>>21341351
Deposit USDC
Borrow LINK
Use LINK as collateral for for LINKBULL or 3x Leverage
Profit when liquidated

>>21346909
It’s almost like price was being suppressed on Binance???

USDT is being minted as hell and a big share of it is flowing into link. There I said it.

>>21344756
SWINGIE SWINGIE LOST HIS STACK

>>21347529
i feel like most of us hold both coins, if you dont, it would be pretty foolish considering what prices both of these have been at for the last year

>>21342043
bro i have been warning everyone that another crash is about to happen. all of the indicators are present. i just dont know how it will affect link, so i am not giving any advice on buy/sell.
FOR ALL OTHER ASPECTS OF LIFE:
prepare for full financial collapse in the US

>>21341191
This is a lie, its market cap * supply circulation means you are suggesting that it will be the number 1 traded token, unlikely. You also suggesting its market cap is well into the trillions. ETH is not even 60 billion market cap so once again unlikely

>>21341176
Stop creepin on me

>>21341351
More like:

>deposit 1 eth on aave
>pay 0.3 eth transaction fee
>borrow .5 eth worth of usdc
>pay 0.3 eth transaction fee
>buy link at market
>pay 0.1 eth transaction fee

>>21349129
A lot of people don't even realise they have that choice, like there's an ultimatum or something

>>21349166
XRP locked n' fucking loaded
Checked

>>21341517
>potentiality of Mc Donalds using link as well

They 100% will. Sergey did an interview not long ago where he mentioned early on they did a test on insurance of frozen meat distribution. They used GPS coordinates and internal temperature to ensure the product arrived at its final destination and the meat didn't spoil. McDonald's will want to make sure their food deliveries arrive unspoiled and get paid out ASAP if they do when they're delivered to the end destination. Pretty much every company that deals with perishable goods will use LINK.

>>21349347
going all in on one coin is quite possibly the dumbest imaginable thing you could do. I agree that it was great to have iron-hands with link throughout all this mess, but if you arent using some of those gains to diversify RIGHT NOW... LIKE TODAY... then you are an absolute brainlet.

>>21341617
>>21342298
>>21346716


ITS ONLY BEGINNING

>>21349455
checked. do you have more information about this? I am a cold chain logistics expert with considerable time working within the industry. using GPS and monitoring temperature isn't really anything new, could you elaborate on how link is involved? or source some information about this?
>not actually larping about the cold chain expert part...its a pretty sad life if we are being honest

>>21349455
i work at the company doing the payments for macdonalds, if anyone would know something about it it would be me, and i dont. So they will have to do it with us as PsP, or a combo maybe.

>>21341060
Fiat is dying. Everyone knows we are getting infinite QE, transitioning to MMT.

Everyone is piling into the new financial system. Its amazing to see the change in institutional people. 6 months ago you were laughed at as a weirdo if you had anything to say about crypto, now every suit is asking about LINK and whats the best exchange.

The world is changing, mate. It's happening, enjoy yourself, we made it.

>>21341819
In 2016/17 the bull started with alts like XRP, then BTC started pumping pulling those alts even higher to the moon. Only when BTC ran out of steam the 90% drop started. People were telling me to sell XRP when it hit $0.13 and then it went to $3. Just don't get scared and don't drop your bag too early.

>>21342168
Since there is no hype makes me think correct move is to buy more. Check the telegram.

>>21349250

Yeah and left with nothing.

These fees are terrible, needs to stop.

>>21349626
>link is involved? or source some information about this?
The whole plan of oracles (link) is to verify data that is typically input manually. It will now be an AI system that can verify the temperature levels of shipped goods and oracles can confirm it and then put it on the blockchain for all to view. Oracles just add the verification part for a digital signature in a decentralized, distributed, open source way. Everything needs verification for data so Link has a use case everywhere blockchain will be used.

>>21349548
>diversification
>in crypto
Lmao, sure thing newfag. Or I can just hold 1 thing that's going to $1k. Been holding Link since 20c, not selling now.

Is 1k a make it stack

>>21350510
Is $1m enough for you? If so, then yeah.

>>21341865
this

You take the blue pill and wake up tomorrow and mop whatever they tell you mop.

Or you take the link pill, you stay in frogposter land and I show you how big the coffee cup gets.

>>21342544
It’s a good normie barometer to see what the bug people are becoming aware of.