/biz/ - Business & Finance

How does $120,000 sound to you?

>>23585157
like i need another 20x to make it

>>23585148
In the wasteland of 2050, if you hold till then, you will be a god

>>23585148
$12,000,000,000,000,000,000,000,000,000,000,000?
Depends on inflation

how does 12 big mac meals sound anon?

>>23585157
enough to pretty easily become a millionaire in my currency
I actually bluffed, I have about 65 LINK and plan to get to at least 100 soon, but I know it's still a very small stack

>>23585148

>>23585188
Sounds

F A T
A
T

12x(1000-10k)=you made it

I got like 129, buying more once it dips some more. Don’t worry friend, so long as you play it smart and not like a fucking dipshit, you’ll turn out just fine.

>>23585148

Better try AVAX, is also associated with LINK tho

>>23585191
I unironically sold 26k link in the long link silence between the btc bubble and the link ascendeny

>>23585191
As long as you do not upgrade your life at all and spend the next 3-5 years doing nothing different, just purchasing LINK when you can and never selling. Accumulating more and more and you don't get jewed into some scam then you will make it. It is more likely that when it does a 10x you sell and then when it does another 10x after that you kill yourself

>>23585220
I have about $1600 in crypto right now, by the next salary in mid October I'll have at least $2500, maybe I'll also sell some stocks and get to $3000.
Am I gonna make it? (I would be VERY happy with just $50000 as I come from a poor Sl*v country).

>>23585242
I need 5 years of DCA'ing to have enough for making it? Come on, I only need like $50k, by that time I will have that in pure fiat saved lol.

Also I wanted to mortgage a flat as I'm currently living with my father so that would drastically reduce my saving opportunities. So far I save 75% of my salary, if I lived alone I could save maybe 10%. Do you think I should postpone moving out, especially with this corona shit?

>>23585318
>i just want $50k for a flat
This is why you're not going to make it you'll sell to early.

>>23585260
Even at $50k you should not be moving out of the free rent since you can continue saving 70%. Once you have $500k you can put a down-payment on the flat and not have to work either. Also don't tell your dad about your chainlink.

>>23585148
suicide stack is 10K

Since it already 10x

The suicide stack now is 1000 LINK

With the current circulating supply if link were to hit even $50, that would give it a market cap of over 10 trillion dollars. Literally never happening.

>>23585491
I don't want $50k for a flat. Having $50k I could double or triple it with safer investments. I just have realistic expectations.
>>23585515
I don't wanna be a loser living with his dad past 30, I'm already 27. On /biz/ everyone has a 200k job or is an early crypto adopter but I think I'm doing much better than most of my peers in Poland as I have a job with an above average salary (laughable peanuts for americlucks), master's degree, no debt and $15k in liquid assets.

>>23585260
just dont be a fucking retard when the inevitable happens, just hold on to what you have and slowly buy more once you have the disposable income to do so. It may not seem as sexy as it may seem but this is what must be done in order to make it.

Do not, under any circumstance, use credit to buy this shit, because itll go down and you will hire an ex-commie militia to kill you after that. It may not be as thrilling as it may seem, but this is how it works.

btw 12 is a good start, keep it up!

>>23585614
>bitcoin

>>23585710
I have 65 I lied I'm not that fucking poor reee

>>23585976
were you lying or did you buy more?

>>23585318
>Mortgage
>when the housing market is fucking exploding retardedly due to various social and Fed pressures
Don't buy now. Save now and invest in Linkies, buy cash later when housing dumps.

>>23585157

>>23586003
I was lying so that when people would inevitably say that 12 is not enough to wipe your ass with it I could say to myself 'well but I have 5 times that :)' - a coping mechanism
I aim to get to 100 within a few weeks, is it a decent starting stack? I plan to focus on LINK, ETH and several shitcoins of choice like RSR for potential moonshots.

>>23585220
Let me help you out there nulinker.

The Chainlink network is the WWW equivalent for blockchains. Any and all smart contracts will be interacting with Chainlink if they need to connect to an external source (i.e. like a computer application using the internet). The internet is currently valued at $23 Trillion by CISCO. If the internet was partitioned into a billion parts, tokens if you will, and its whole would equal that sum I mentioned, how much would one token be worth? Smart contracts and IoT will create a host of new applications to usher the 4th industrial revolution, how much do you think the internet will be worth then? And how much would a token of the supposed internet be worth?

Food for thought!

>>23585148
LINKPOOL erc20 token is on the way and was confirmed in the telegram group today by based Eric. There are only 708 LP owners (probably less because some folks have multiple wallets). 2 wallets own 75% of the LP. To be a top 60 wallet you need to own >.012 LP.

LP team have basically said Yearn finance type vault strategies are coming to LP (there’s been threads about this) and you can not only use them but get some of the collective profits in the bi weakly divided.

Add to this the Liink rumors and the ice.linkpool.io subdomain being found due to an opsec failure and certificate transparency logs (I also mentioned this in a thread comment prior to the comfy bread combs post). The best thing you could do for yourself right now is buy some LP. More so if you already hold substantial amounts of link which really is going to end up being > 1k Link.

Price prediction peak of 900 ETH per LP. Stable range 300-500. Do with this info what you will.

>>23586636
Before when I transfered my LP from my metamask to my hardware wallet it added another holder to the list so I expect that the number of owners is much smaller than you expect.

>>23585148
yes.

>>23586109
>is it a good starting stack
No u retard - it is objectively a shitty, small starting stack

What matters is that its a stack. Comparing yourself to others won't make you happy as you'll keep looking up and not around

faggot

>>23586734
Yeah exactly. I’ve actually been doing on this to try figure out the true number of holders. You can see whose used the transfer mechanism in the ownership section by seeing what wallets have no other transactions ie eth in/out to buy the LP. As LP isn’t a token yet there’s no other way for a wallet to have LINKpool holder rewards pay into a wallet with no transactions unless they’ve used the transfer mechanism on the site.

With this knowledge the next step I’m trying to do is see how I can track those transfers.

Also yeah basic tracking of which wallets are interacting. But that’s fairly standard dusting techniques.

>>23585194
/thread

>>23585614
>With the current circulating supply if link were to hit even $50, that would give it a market cap of over 10 trillion dollars.
>With the current circulating supply if link
>current circulating supply

Gee, if there was only a mechanism that took LINK out of circulation....

>>23585148
depends. is 12 billion dollars good for you?

>>23585148
how does 12 blowjobs outside a Walmart loading dock sound?

>>23585148
No but 15,000 link is and many agree it’s the bare minimum.

>>23587459
i'm 1/15th there i am not mad at all

>>23585148
On god link might end up 100k a piece within 20 years

BUT WILL U HOLD LIL NIGGA?

>>23586180
Based anon helped me when I bought my first 200 linkies a few days ago.

Your a legend

Whatever you do, don't buy that piece of shit coin called AVAX. You have been warned. At the end of the day, AVAX is just a pajeet filled shitlers.

>>23588267
With a circulating supply the of 389.5 million, if LINK were priced at $100k per, that would equal a market cap of $38,950,000,000,000 ($38.95 trillion, or roughly twice the current yearly GDP for the US). That seems extremely unlikely unless we experience a period of hyperinflation, and at that point $100k might buy you a Mcdouble.

You zoomers are fucking retarded sometimes.

>>23588641
What if the circulating supply was a more realistic 3.895 million? It's silly to expect much of a pump if no one is using link so I'll be optimistic and say it reaches 90% use. The numbers make more sense when done my way, the non fucking idiot retard way. Of course the math won't add up if someone as stupid as you is clacking away on the calculator.

>>23585148
>65 link

>>23585148
Bros what is the timeline for $10K per LINK

i have 56011 link and i feel barely making it. stuck in this 6 figure shit portfolio for the next year baka

>>23588917
why would the circulating supply decrease so much? is there some burning mechanism for link that i don't know about

>>23588917
or are you talking about staking

>>23585148
kek try 12 BOR it's at least about a european month's rent