/biz/ - Business & Finance

>>51548834

>>51548834
>>Rumors that Eric Schmidt becomes Chainlink CEO
You're an idiot.

>>51548928
/biz/ is so boring, fuck off wanker

>>51548834
>pushing Sergey into the Sergey role at Google
???

>>51549022
He probably means Sergey Brin. OP SmartCon will be sell the news like the merge. Prepare for tons of fud and demoralization next Friday

>>51548834
I am not bullish, I am beyond bearish.
Chainlink is a globohomo shitcoin of the highest order and is going straight to zero.
Your days of shitting up biz with your astroturfed psyops are over. You've been found guilty of using DARPA bots, paid shills and sybil attacks to push the WEF agendas, and for that you will pay with your miserable life.
You shills and bagholders will be financially EXTERMINATED and there is nothing you can do about it except watch in horror as it all comes tumbling down. The ride ends here for you linkies, the game is over.

>>51548834
>Wall Street Journal covering SmartCon
Source?

Chainlink will only be successful by piggybacking off of the success of other coins and defi growth as a whole. It won't pump until another coins starts getting mainstream adoption. Its previous bullruns were based on it piggybacking off of the value BTC and ETH added to Defi. Next bullrun will depend on it being able to attach itself to ISO20022 coins. Point being there's 0 reason to be invested in LINK when you can just invest in ISO20022 and then move profits into LINK later to maximise gains.

>>51549022
>pushing Sergey into the Sergey role at Google
the bot is having some issues.

>>51548834
Except it's literally crashing right now.

>>51549448
Shut up queer

>>51549173
https://smartcon.chain.link

Scroll all the way down to participating media

>>51548834

1. open linkbtc chart. weekly.
2. draw one (1) meme line.
3. figure out where it will go.
4. ????
5. Profit!!1!

hf negros

(there was 42 in my captcha its a sign from chainlink gods)

I understand we are in a bear market, but smartcon should in all honesty propel LINK higher in the rankings. No reason LINK should have a lower market cap than TRON or even Cardano.

>>51548834
I've been out of the loop. Where have you heard that Schmidt CEO rumor? Seems highly unlikely.

>>51549448
Ever heard of Sergey Brin you braindead monkey?

>>51548834
>pushing Sergey into the Sergey role at Google
what did OP mean by this? Is he retarded?

This is going to be a disaster. Just a total disaster.

>>51550006
See >>51549840 you stupid fucking retard

>>51549561
>>51549840
The bot is getting aggressive

>>51548834
>Rumors that Eric Schmidt becomes Chainlink CEO, pushing Sergey into the Sergey role at Google
The "rumor" that some fucking retard started here? Fucking kek what is wrong with you psychos?

>>51550327
It's just a schizo fudder setting up years of "HAHAH LINKIES REMEMBER WHEN YOU CLAIMED THAT ERIC WOULD BECOME CEO??? WHATEVER HAPPENED TO THAT?????"

I’m going to smartcon and I feel completely demoralized. Part of me wants it to be a giant failure so I can buy cheap coins.

>>51550071
Last year had 15,000 attendees. What the fuck are you talking about. Go back to your hole.

>>51550405
You paid money to be demoralized?

chainlink will rule the world

https://blockworks.co/nasdaq-to-enter-crypto-custody-market-for-institutional-clients/

>>51550460
Yeah, I paid money in 2017 to be demoralized. Nah, I have made a decent chunk of change on link and still believe in it but my relationship crashed and burned along with the market and I’m pushing 40. Just fucking tired. And so yes, I paid money to be demoralized more. I got the cheap ticket though and I have a place to stay in nyc.

Link really is starting to feel like an extremely elaborate scam that is slowly losing steam. I fucking hate myself

>>51550405
>>51550433
On their twitter it said that they're now approaching attendance capacity. I don't know if they're telling the truth though.

>>51550674
rory stil owns 27k chainlings. think hes getting scammed too?

Chinklink

>>51548834
>the price could go up
or
>the price could go down

Great thread OP!

>>51550700
That’s all?

>>51550674
Its actually starting to feel like the exact opposite. The amount of blatant fudding on such minuscule issues is overwhelming (your post for example, ie losing steam).

No one is selling. No one is demoralized. Everyone here holds LINK. Everyone knows what's coming. But I get it, why would you want normies holding this. Its gone the whole 5 years under the radar. Newfags dont deserve to hold link, especially at these prices.

>>51550606
>https://blockworks.co/nasdaq-to-enter-crypto-custody-market-for-institutional-clients/

Not understanding the relevance here

>>51550785
Kek this

>>51550795
Proof of Reserves will be crucial to proving to whales their investments are secure.

>>51550795
I can’t find the article but one of their data providers runs a Chainlink node.

leaving this here. ccip deco staking in a week

https://twitter.com/Rando144/status/1572315139977932801

>>51549381
You're retarded because link pumped before btc/eth last cycle. If you bought btc/eth and moved profits into link "later" you would have missed almost all of link's gains.

>>51550785
I mostly agree with you but a bad smartcon followed by a sub $5 dump will shake me out.

>>51549381
>Chainlink will only be successful by piggybacking off of the success of other coins
Yet their success depends on chainlinks infrastructure.

>>51550785
fwiw posts like these who refuse to acknowledge that somebody would even be displeased by LINK these last couple of years is the best FUD for me

>>51551288
>will shake me out.
No it wont. You'll still be here. Face it, your life depends on the success of link.

>>51548834
>or it melts down into the top 40.
but it's already in the top 40.

>>51551318

Also reminder link pumped from 2k to 20k sats during bear market last cycle, which allowed it to reach its previous ath and surpass it even while BTC was floundering around the 3k-9k range.

If we see something similar this cycle (200k sats as a new floor), that would put link above $40 even with BTC floundering near 20k, or $30 if we assume BTC has a final capitulation to 12-15k region. This would be before any kind of blowoff top ala smartcon 0, or bullrun move where market pushes it higher even if its bleeding sats/gwei... and this assumes factors like staking and ccip aren't completed soon enough that link can outgrow its completely speculative phase relative to the market. This is all to say, even as a speculative asset its a great buy right now, but memes aside you are risking missing a switch flip by continuing to sit on sidelines over the next couple of years.

tl;dr buy doge

>>51549571
Conservative memeline says ath sats by Q4 2024, aggressive one says Q4 2023. Last cycle, memeline drawn from summer bottom would have placed us from 2k sats to around 40k sats at the peak, except we went parabolic and actually saw 160k. Assuming 20k is the summer bottom of this cycle, well, you can do the math.

>>51549571
>>51551714
Is this why the thread is dead now? You guys can go back to fudding, I'll delete my post if it messes with the narrative too much.

>>51552678
Only the complete losers stay for hours fudding. Most fudders post once and are gone.

49
Yes

>>51551034
Got it thanks

>>51551083
Need sauce

I don't care still buying even if it stays at $5 for 10 years

So why would an institution bother with staking for 5% when they are going to be able to get that rate on bonds and similar instruments with all of these rate hikes? Why risk holding an asset this volatile for 5%?

>>51551288
If it goes to the low $4’s I’ll unironically buy 100K. Forget about it for a decade and be worth 50-100M if not much more

>>51553255
Sorry, slightly different than what I thought. Tiingo (confirmed cl node operator) and nasdaq both provide price data to defi chain but it’s not clear yet that tiingo is involved in the new offering.

>>51550697
just how, back in summer when sentiment was highest in a year nobody wanted to go
but now after the fed shat all over the markets people somehow want to pay to hear one day earlier what will be all over for free anyways

>>51551714
care to share this meme line fren?
or do you refer to the bullish pennant

>>51550785
This. The fud is very tedious at this point, just anons going through the motions at this point. But things are about to get exciting again.

>>51550071
You know it.
I just realized that I've been lying to myself all year, pumping up the Smartcon, and it's going to be the biggest let down we've had yet.

Hell, I see fucking screenshots of Link hopium on Twitter that I fucking wrote just talking completely out of my ass.
I barely have 10k link, and I'm completely upside down on it.
I continue to hold because Im a glutton for punishment and I still believe in it long term.

>>51550405
Please do a rotten fart right next to sergey. It's the least he deserves. Preferably tell him he dropped his pass then when he bends down take your trousers off and let out a dulcet shit down his face.

>>51553558
They wouldn't unless they wanted to participate in the network

>>51553823
>If it goes to the low $4’s I’ll unironically buy 100K
And if it doesn't you'll be poor for the rest of your life. Of course, we both know it's bs and you hold as much Link as you can afford rn

>>51554646
Don't expect too much from Smartcon itself. But if you trust Sergey's word, there is a lot to look forward to with staking/CCIP/enterprise layer all stated for release this year.

>>51553558
because once staking goes full thats a dependable 5%
fed rates are going to nosedive very soon, everyone knows there isnt a snowballs chance in hell of them keeping rates high when soon the credit and fx markets are going to shatter

>>51554896
The cope starts early this year lmao

>>51555021
Trusting someone saying something will be released when they say it will is 'cope' now?

>>51549135
stop telling newfags how to make money off of smartcon

>>51554896
>fat co ID

KEK

>>51554964
powell just reiterated they are continuing to raise rates for the foreseeable future. At least 3 more hikes this year, and he has no clue if they'll slow inflation. If the next few CPI readings come in hot they're going to have to continue hiking all of '23.

>>51555091
Well he's already watered it dramatically down to a testnet small scale staking version. But furthermore it's not the first time he's failed to meet the year target he's given. He's just inept.

>>51548834
>wsg.com
>ctrl+f 'chainlink' 'smartcon'
>0 results

>>51555409
he said no hikes for 2 year minimum and transitory inflation last year at jhole anon, he lies always does
there is no chance that the fed dot plot will happen without some lehman event shattering the markets and forcing another intervention, no matter what inflation is at
everyone knows this too

>>51555420
Please tell us the other year target he missed

>>51550785
I'm so excited for you guys

>>51548834
Genuinely big things are being developed for Chainlink right now but most stinkies are too low IQ to grasp the implications since they didn’t fully understand the tech to begin with.

>>51555694
so essentially your thesis is "fed will pivot no matter what"?

>>51548834
It's definitely going to break, lmao.

>>51556371
You sound really impressive when you're belittling everyone and implying you're extremely intelligent.
I wish we knew each other irl so i could show you off to other people. They'd be really shocked at what an amazing friend I had.

>>51556518
yes eventually they will no matter what, its just we need to see a bad crash first
the current trajectory is completely unsustainable and isnt even fixing inflation

>>51548834
Some pretty amazing news have already come up before smartcon. Under collateralized loans come to mind first. Smartcon probably has more cool things coming, but PA wise I'm fully expecting a dump. Looks even worse cause we aren't even having a build up pump. Smartcon has been priced in for a while it seems

>>51548834
>make or break moment
if chainlink doesn't release anything new for the next 18 months it will still be the single most successful project in crypto

>>51556664
Seething nustinker

>>51556684
Why isn't it fixing the inflation? Imo it sure as hell will be fixing the inflation. At what price is the question.

>>51548834
Personally I have no idea why it's dumping so fucking hard. It doesn't make any goddamn sense. I don't know why the market in general is dumping so fucking hard. We hit expectations, everybody fucking saw it coming, everybody expected 75 bips, there it fucking was. And yet the market is still dumping, which means the fucking goons running this show are counter trading trader expectations now. This is like, several levels deep of rock paper scissors

>>51548928
Kek yeah I was in with OP until he mentioned this low iq ass comment

Dude you really are either a troll or fuckin lost

On what day did wsj cover the con? I haven’t been following closely lately.

>>51557011
I think it’s more that they will be covering it once it happens

>>51556758
nothing the fed does will ease energy constraints, that requires the build out of new infrastructure which is even harder with higher cost of capital
nothing the fed does will ease global labor shortages as this new cold war means the cheap overseas factories are now a no go
we will have some heightened inflation for a long while regardless of how hard the fed crashes the market

>>51548834
1k eoy this year

>>51548834

>>51550785
>"No one is selling."
>link down 90% across all pairings
what exaclty has to happen for you to realize you are mentally ill?

>>51558700
In this thread* fucking moron.

>>51557240
So we have a crash yet to come and then they pivot. In other words, link goes back to like $3 on this crash and then pumps back to $6 when they pivot? If thats the case I dont get how we’ll have any new buyers for a few years. And I still stand by that no institutions are going to buy this, especially while we have higher rates.

>>51550785
>No one is demoralized
You should be. Not because of link crumbs but because of wider macro economic factors that are beyond links control. Much the same way or rise to 50 was reliant on btc and the entirety of crypto. I know link will be it's own thing at some point and break away but given a wider view.. I highly doubt it will be next week

>>51548834
Could tell someone BTC to stop breaking and taking everything down with it?

How does the price of Chainlink move by 16% multiple times in a few days?
Who is selling?

It seems we have the set up for a dump on the SmartCon to suppress the news again.
There was supposed to be pump leading to the SmartCon.
It looks really bad right now.

Chainlink is cursed and I don't know what can remove this curse.
It seems they may have waited to make new releases and announcements for a better time and may have delayed some to prevent suppression through the market dumps.

>>51559007
We haven’t felt pain in the stock market or housing market. Link is going under $1 GUA-RAN-TEEEEED

>>51559219
Who cares everything is fucked anyway. All summer if you drove thru any suburb in America in the early evening before it got pitch black dark…. There was zero activity. No kids out playing and having fun. Zero signs of life. Everything is fucking dead. When I was growing up in the early-mid 90’s if you were driving around in the early evening of summer there were so many people outside having fun and living life. There is none of that now. And once it gets pitch black outside it feels like we are in a different dimension. No activity. Everything is wrong. Everything is fucked.

>>51559007
go back to your original question: you asked why anyone would care about 5% stacking gains when treasuries are about to give 4.5% apy
i told you why it does matter, after those events i explained the yield on treasuries will be back to 1% for years to come making the 5% stacking yields pretty interesting
tho note i make no comment on short term price action, but if you'd press me i'd say you can be lucky if it stays at 3 and not crash below 1 like that other anon said, its all about the slingshot afterwards

institutions dont really matter anon, do you understand nothing about link even after 5 years of spoonfeeding
its a utility token, not a speculative asset thats bid up by ever more gamblers, even /biz/ permasteaking its stacks and users paying for oracle networks is enough to pump the price, links main PA is dependent on steaking wen more than larger macro trends on the long term
if you fail to grasp this dynamic then sell now and never look back

>>51559219
>what can remove this curse
simple anon steaking
if announced next week good, if not very bad on PA in this macro
either way you should only be focused on acquiring more fiat for accumulating

>>51549135
>OP SmartCon will be sell the news like the merge
Ah, yes. The old "sell the rumor, and sell the news". Truly the amazon of crypto.

>>51559554
The result of technology.
Things can improve however once we hit the bottom.
It's also possible for example people will do the same in virtual reality in a metaverse.
As long as the result is the same the medium is less important.

>>51559618
I didn't expect staking to be announced during the SmartCon, but then again I didn't expect it would not be released in Q3.
Do they have an event where they would announce this?

I don't think they have a reason to release staking during the SmartCon, but they could make an announcement for the initial date and conditions for example say the initial phase starts in October.
The issue for staking is that real adoption is required to make it grow and not use inflation to pay for it.
What's really important in this SmartCon is to get a view as to what could come in the future and cause this network growth.

CCIP is a lot more important than staking in itself because it plays an important role for the future adoption and staking is only a way to redistribute some of the network profits to the token holder.
We already had the staking announcement during the Consensys event.
There is not a lot to announce on this outside of the initial conditions to be eligible to stake in the small 25 million stake and the date when this starts.

They tried to defuse the fud attempt during Consensys and prevented the CeFi short from succeeding.
The highest probability scenario is that the situation is in a stalemate, but time is playing against the CeFi shorters and in favor of Chainlink.
They will at least make an attempt to prevent another dump which would break the support, but this could result in the Consensys dump being repeated and BTC crashing to 14k as Chainlink starts to pump again and reaches $9.5...

>>51559955
>and staking is only a way to redistribute some of the network profits to the token holder
anon its so much more than that, dont you know what you hold
now obviously they will not release staking during smartcon but announcing a clear and unambiguous timeline is all that is really needed
its liek you said if they wanted to suppress the price further they could have let it crash during early june, the cefi short being successful would have shaken out a lot of anons here

>>51559955
Don’t they have to crash everything first before chainlink can take the reigns

>>51560172
Yes, staking allows new high security use cases like CCIP, tokenization, and derivatives.
That's why the use cases and future integrations are so important.
People involved in this are invited to the SmartCon.

I spent 2 weeks of my time trying to do what I could to help in the attempt to prevent a crash at that time.
I hope it doesn't go to waste. At this point it's stupid to use hope as an investor but I chose to believe until the end and I was showed one attempt to change the situation.
Sergey also said in the twitter space that this was the restart of a second era for Chainlink with economics 2.0.
There must be something happening in that SmartCon.
Even Eric Schmidt being there is insanely bullish.
This may be the final moment of fud and despair to try to shake people out.

It seems the price action is currently shitty because a group of investors don't want to accumulate at this price and want to buy lower.
This seems like a perfect setup for a massive pump if it manages to break the double digit area and liquidate the short sellers with the momentum of positive news.

>>51560322
No, they are crashing everything to suppress the price of Chainlink.
However the liquidity available on exchanges for ETH and BTC is very low and a critical levels for exchanges.
Because they are manipulating the prices with fake derivatives to shake retail out the moment the buying pressure is back on spot some exchanges won't be able to cover and will go bankrupt.
This could affect exchanges using derivatives and those cheating with the liquidity.

The reason why you see such a strong reaction when Chainlink starts to go up and tries to go to double digits is because there are big shorts open on it which would get liquidated once the $10 barrier is broken.
It's possible that a form of short squeeze happens if exchanges try to liquidate those bigger short sellers when that happens and it could teleport the price to the higher $1x or $2x zone quickly.
$10 is a mental barrier which acts as a resistance, and breaking it should trigger a short liquidation cascade.

If you think Sergey is the type of guy to have a hype weekend event rather than causally roll out massive news and enterprise information on a random given Tuesday, you’re not really aware of what and who you’re invested in.

>>51560328
>There must be something happening in that SmartCon
it almost has too with everything that we see announced about it
it is however the most unfortunate that it happens right at peak macro fud, same with the eth merge
if we are going to see two final capitulation cascades this bear that will really depress a lot of the anons here
i am pretty sure the shorts arent the driving sentiment in PA here as opposed to macro fears
but in the long run this will be just a blip on the log graph barely perceivable
as always our fates hang in the plaid arms of the fat man

>>51560455
See
>>51560449

>>51560449
it matured to the next level anon, old certainties may not apply anymore
and the level of this smartcon is clearly bigger than anything preceding it

>>51560495
You’re in for a rude awakening.

This is a developer conference and always has been.

Remember why we love Sergey compared to all the faces in crypto. It’s this very reason - he’s not a hype man.

>>51560518
announcing staking fits at a dev conference and i would not call laying out a dated roadmap to be the pump and dump hyping we are accustomed to in crypto
i mean even jewels is schizo posting right now and that is one of the smarter people in crypto

>>51560562
Staking is reasonable.

SWIFT and the DTCC announcing full integrations is not.

That’ll happen out of the blue, randomly.

>>51560583
check my earlier posts, what did i propose
you know we have ids here right so you dont get confused about who said what

>>51560562
Steaking has been announced since May. The reason stink is rising in sats

>>51561366
i do belief it was since either dec or jan when sergey first said it, but with very vague wording
but the importance of this would be if they say an actual data so you know they will not delay again

When has chainlink ever pumped on an announcement or integration?

Go ahead, I'll wait..

>>51561448
The roadmap has been layed out. Insider staking of which link pool horse rimmers and kikes profit and sometime q2 '23 for the plebs

>>51550631
Any advice for a 35 yo boomer? Same spot as you but I’m poor minus link stack

>>51561482
mainnet
google
coinbase

>>51561651
Im also there. And the smart guy higher up in the thread told me it could go sub $1. Ive been sick to my stomach since reading that. My window closed. Someone should setup a charity that accets crypto and ill send my stack there before I go

>>51560449
This. Anons please don't set your self up for disappointment. No pre-smartcon pump= nothingburger. Sergey said staking is out before 2022 is over. He did not say staking is out by smartcon this year. He said staking by the end of the year. And that's what you will get.

And to think, there will be at least a handful us that kill themselves on the day of smartcon because for some reason in their mind it happens on smartcon or it never happens. Its really a shame. Youve waited 5 years, Im sure you can handle 3 months.

>>51556371
based

I'm sure it will be a great conference with lots of new developments and announcements, after all Chainlink has a history of delivering on promises as shown by their progress on various deliverables like DECO, mixicles, off-chain computation, staking, CCIP, etc.

>kek

>>51561804
Fucking sucks man. I never understand how important time and time of were. Another two more years and idk how the fuck Im going tk have kids or a family

>>51562556
I know. When youre younger you think you’ll be young forever. And then a blink of an eye and its gone. Prime years wasted waging. Now Ive given up on having a family. I guess Ill just get some dogs in my 40s.

>>51550785
I recognise the psychological warfare. I bought in 2018 and am not selling, but at this point I have no expectations beyond a slow climb to 3 figures over the next couple of years. Compared to my expectations for 2022, I am demoralised. I know it'llget there... but there'sa lot of life tohappenin the meantime.

>>51561818
On the bright side, if they rope it will lower the supply and their sacrifice will benefit us.

All I can afford is 5K. Is it enough ?

>>51563433
it's a good stack. aim for 10k

>>51560562
His posts have unironically been the most bullish thing I felt from all the Chainlink advertising.
It gives you the feeling of being a part of the Chainlink mystery and project and makes you forget about the market for some time while trying to solve the riddle.
A community needs something to gather around and share discussions.
That's why ADA has a high market cap despite not having a finished product, because Charles knows how to tell a story and gather the attention of his community.

It may seem like a waste of time but entertainment is the most powerful source of power.
Attention is very valuable.

Keep it up Ari! Thank you!

>>51563433
Same. Is 5 million (conservatively) in 4 years enough for you? Its enough for me

>>51549158
Based fuck link spam

>>51549668
>I understand we are in a bear market, but smartcon should in all honesty propel LINK higher in the rankings. No reason LINK should have a lower market cap than TRON or even Cardano.

>>51550631
>40 anon oh no no…
Oh wait I’m fucking 34 Jesus we’re old

>>51550700
That’s all he has??? Fucking hell I’ve been scammed

>>51561818
OGs will be unfazed by it.
Nulinkies with $20+ average price per LINK? We'll see.

>>51563758
Thanks Anon !

This is the last golden buying opportunity at these levels. It will seem obvious once we are pumping again.

>>51563728
>entertainment is the most powerful source of power
Bullshit. Try heating your house with Netflix it just doesn't work

>>51564988
Did you see a rebellion against those who would deprive their citizens of heating?
They like entertainment more than anything.
Only hunger may wake them up.

>>51565003
https://youtu.be/K9gO01pyv24

>>51564627
>>51563758
A long time ago we discussed to expectations for the token price based on staking and a few use cases like gaming, derivatives, and random number generation.
It seems like a far away memory, but at that time a conservative estimate for the token price was $1000-2000, and $5000 was possible on a longer time scale.

The source of truth of the future world should be worth more than a few trillions after all.
If you feel like it maybe we could have a serious discussion after the SmartCon for once to discuss price speculations.

It will be like the old times.
Chainlink was a complete secret and mystery back then nobody believed in.
It's really unbelievable to see the token at its current price, but those currently in power are greedy and want to steal this new power for themselves even if it means hurting Sergey and his dream in the process.

If you controlled the world's reserve currency and it was going to lose this status, you would do anything in your power to get the control of its future equivalent.
How valuable is truth to you?
We are living in these difficult times because the majority of the world population chose to live in ignorance rather than to face it.

Chainlink is the final dream of a collapsed ancient civilization for a better future.
Take good care of it.

>>51565135
yeah yeah will believe it when number go up

did you guys see that there's a new person on the product keynote? Data VP from Coinbase

>>51565455
Something big's happening. I've got just under 10k Link and I noticed that over the last 3 days I've fallen ~200 spots on the wallet rankings. People have been accumulating.

>>51563087
I like people like you that disqualify their posts in less than three words and saving me time not having to read your essay of shit

>>51566312
Man fuck you. How far is your head in the sand. That post was super fucking relatable. Normal people don't have such an easy time rejecting reality. You're clearly a brainlet, it comes easy to you

Seeing Chainlink being endorsed by the WEF is the only thing that makes me a bit concerned about what I'm holding. Are we making a deal with the devil?

>>51563087
Maybe you need some time to cool off annon. Provided you are in for the long term, you are good to go. Just relax and have fun with your buddies sometimes on GameStar+ streaming platform.

>>51565993
I'm in top 700 and have fallen 4 places in last 2 weeks (despite buying 300 Link). The highest I've been was in May of this year and have fallen nearly 100 places since then.

>>51566402
the masses have -always- fought progress and they usually do so by manifesting mystical or jewish conspiracies that instill fear on simple minds. Real evil wants you to trust the status quo, trust banks, destroy the planet and be scared of change.

>>51566402
to get ahead you need to make some sort of deal with the devil, no exceptions. how far you go is how much of your soul your sold

>>51566668
Hey retard. Have you ever thought the wallet of the chainlink team being split into multiple wallets might have something to do with it?

>>51567051
>Have you ever thought the wallet of the chainlink team being split into multiple wallets
Yes, I have.

>>51561804
>it could go sub $1. Ive been sick to my stomach since reading that
if you are referring to me i never said its a certainty, its just a possibility you need to be aware of
in the end it all boils down to fear and greed investor sentiment
both eth merge and link smartcon are held within the window of peak macro fud, this is very bad emotionally for people never underestimate this impact on people
but step back for a moment and look at the bigger picture, we know link is a premier crypto project and we know that crypto isnt dead because citadel and blackrock are moving directly into the space
so now its a question of how fearful/greedy you are
worst case macro yeah i could go to 1 but it will moon up so you are good, but on the other end it also couldnt and if you sell now you might be forced to by back in at 30 usd, so at this exact moment in time the risk to both sides is about equal: what do you want to do

just know anybody that says they know the bottom are lying right now, during the june lows all historical correlations pointed to it being the bottom, now macro can force it lower but that means its beyond anyones forecasting ability and yes there are a lot of monkeys throwing shit to the walls here and some will be right and think themselves geniuses for it but they gambled
so ask yourself the question: am i high iq enough to navigate the hardest trading environment in the history of crypto or shall i be happy with buying in at historical good levels
also do note that up moves are forever priced in, even for link there is a max up limit to achieve so if it goes lower dont worry we will hit the upbound at some point, but if you sell now and be forced to buy in higher thats gains gone forever
if you hold be prepared to stomach some pretty bad loses, but never sell.

>>51568027
continued
if you cant handle that your only hope is chasing this dragon up and down all the way in the short term for the next couple of month you will live and die by the rsi chart and many people and many people destroyed themselves over this: do you think you are high iq enough to handle that
i am not and personally i find hodling far easier than chasing every bump
also i have a not insignificant link stack and going by the ehtplorer stats i have seen myself slip in the rankings recently someone is accumulating this thing with big boy monies, just check it for yourself and see it move
these arent crypto neet buys that are moving this

>>51556684
Do you expect another crash based on what?

>>51556664
Lurk more.

>>51568027
>>51568033
what you fail to understand is that a lot of us don't have the luxury to wait 5 more years, if LINK crashes and burns below a dollar in the next upcoming crash and I just keep holding, I'm going to lose access to money I cannot afford to lose right now
please, stop pretending that timeframes aren't important, you literally sound inhuman

>>51568139
macro the fed is hiking the economy into disaster
if you increase the cost of new capital this much and this fast shit is going to break even outside all the shit the russia war/embargo is doing to global production chains
never forget what is about to happen is the direct result of fed bureaucrat intervention in the market, not random shit, not putler, not inevitable its all on jpow

>>51568211
an investor must discard their emotions to be successful, if you have not achieved this level yet wait for a sufficient pain threshold to either get there or burn out forever
they werent lying when they told you in all the fables that getting rich will cost you your soul

if you cant afford to lose the money then sell now and never look back
me i live in europe and fully prepared myself to go cold and dark this winter before i pay the ridiculous utilities bills by selling a single stinky

tl;dr: dehumanize yourself

>>51568027
everything you said writes like a sixteen year old who google shit >>51568033
>i am not and personally i find hodling far easier than chasing every bump
this post confims it.

>>51568242
Look at this fucking KEK. Gladly lowers his living standards because his country supports jewlensky over its own citizens and also holds a shitcoin while being dumped on by a FAT ceo. It’s just INSANE what degree of COPE comes out of stinkies mouths lately lmao. Yea I can handle a dump to 1$, I’ll just live in the freezing cold. LMAO

>>51568242
yeah, I have to agree with this anon>>51568241
you sound like an edgy teenager
I'm in Europe myself, and there's absolutely no way I won't be forced to sell a part of my stack just to fucking survive
I'm going to disregard all of your posts sorry

>>51568241
i am etl (english as a third language) and not a good communicator due to the tism like most of us here, but if that is your take away then sell and walk away i am not here to be your saviour
go ahead and chase the dragon, i have seen many attempt it in the year, few succeed yo think you are chad enough?

>>51568278
retard. you are sixteen you can afford to burn your time. Some of us started bag holding link in our twenties and early thirites. they way you write is like someone who just got into investing(not crypto) stfu with you shit takes

>>51568278
I'm not going to be as harsh as the other anon is, only thing I have to say to you is that this take right here>>51556684
could be described at best as "naive"

>>51568277
europe is fucked, you think selling assets to keep warm for one, 1 winter is going to help anything
i might be wrong on link, but right now in europe you have to risk it all because we are fucked without hope and there is nothing that we ordinary citizens can do about it, unless you already made it and can evacuate yourself

i mean nothing i say will change you mind anon, but if you sell your stack now how long does that buy you living your live at the standard of living you are accustomed too, ever extrapolated that into the future and see how far you end up?

>>51568274
>Yea I can handle a dump to 1$, I’ll just live in the freezing cold
Based anon

>>51568338
anon, you still don't get it
I don't even have a choice anymore, I could have had a choice if I'd manage to take some profits, right now I'm screwed

>>51568302
pot meet kettle

>>51568368
i dont understand how you came to that conclusion

>>51568386
you write like a teenager

>>51568399
okay you're just shitposting

>>51568334
anon i am not going to type all of this out again as i have done so several times in the past months but be assured that yes the fed will print to the moon again and it will not be long
how bad do you think the blow up of derivatives in europe is going to be this winter, thats an unimaginable number that is going away that will all need to be papered over, the current bullshit of fighting inflation is a lie
its not like i am imagining this its just like what happened in 2008, only larger amplitude
do you deny the fact that the usa gov cannot at the same time have rising rates, qt and a recession which shrinks tax income at the current debt levels, something big will break its just a matter of when and what first

>>51568357
then you are already fucked and nothing can save
the only advise i can give you is swallow your ego and make any cuts available on cost of living before selling any assets
else what the fuck is your plan to survive the next 4 winters

>>51568416
>fed just has to do it
fed is the sole reason we're in this mess in the first place anon, it's unsalvageable at this point, regardless of what they do, the global economy will implode NO MATTER WHAT
>any cuts available on cost of living
I didn't realize feeding my family is a luxury
like the other guy said, you're most likely a teenager
my plan is selling portions of my stack for food and bills, and no, I cannot afford to live on the street
if you can, more power to you, but something tells me you still live with your parents

>>51565455
Checked. Keep an eye on this one.

>>51566668
Interesting.
>>51567051
He said his wallet has fallen 100 ranks. No way did the team split their wallet into 100 more wallets lmao. Looks like some VIP's have been accumulating.

>>51568459
>the global economy will implode NO MATTER WHAT
yes and what is your plan to survive this, selling all your assets and then what the next year and the year after that? still havent answered that

if you have a kid and a mortgage before you were financially secure then you are beyond the scope of /biz/ cant help you with that, beyond my earlier suggestion to cut everything you can now
unless you live in northern sweden or finland heating for instance is a luxury you can survive without
i dunno where you live, but in europe there are many instances that give you a lot of free stuff if you are poor on paper, i dont live on the street because i got social housing and free food because i am a neet, my retard country only looks at your income not your assets the shining retards
living in the projects was swallowing my pride but i did it out of necessity
if you think people that social security max have to be 16 best of luck to you anon

>>51548834
>sell it all
>today

>>51568274
Sorry bro but you sound like a mummy’s boy faggot who can’t comprehend not living wrapped in cotton wool. It’s super easy to live without central heating if you’re not gay, you keep one or two rooms warm with electric heaters and then get this… wear a fucking coat!

>>51568625
>and then what the next year
kek, it's like talking to a brick wall
I won't be around until next year if I don't survive the upcoming winter first
there is no long term plan for a mad max scenario anon, either we make it with shitcoins or we perish
that's your plan as well, either LINK succeeds or you die

>>51568709
there is no way you will literally die in europe this winter like i said its called social security
you remind me of the reddit seethe of this
>>51567311 someone posted it in another thread already so cant post pic related
even without any link gains i can keep this shit up until full mad max .gov collapse my living costs are almost fully paid by wagie subsidies

or are you a literal rural bulgarian

>>51568709
Lmao just put on a hoodie and stick a blanket over yourself wtf are you even panicking about
Fucking pussy

>>51568709
You’re a fucking retard if you didn’t have a plan to survive without link. This is exactly why shakeouts work, because of retards like yourself who invested money they couldn’t afford. I hate people like you, because the rest of us have to suffer so you can be shaken out, and it will happen too.

>>51569896
you are so retarded my brain hurts
I'm a 2018 buyer you imbecile, I literally invested $3k

>>51569896
I can't afford to lose the gains is what I meant
retard

>>51568799
>there is no way you will literally die in europe this winter
people were already dying in Europe without all of this shit going on you snowflake
thanks guys, without a doubt this thread is the best FUD for me

>>51569913
>>51569931
Get a job you fucking loser and stop whining.

>>51570018
and this is how I know you guys are fucking trolls
there are NO FUCKING JOBS

>>51570710
>there are NO FUCKING JOBS
lmao, the market is screaming for workers. Been that way for a long time now.

>>51570710
Lmao loser/lazy cunt confirmed
It's a good thing you'll get shaken out

>>51570752
>>51570923
you're not from europe, you don't have a fucking clue

a testament to how disconnected this board is from actual reality

>>51565993
kek I just checked and I'm way down as well. What the fuck is happening

Almost out of the top 1000 for the first time since day 1

>>51568277
>>51568416
>else what the fuck is your plan to survive the next 4 winters
put on a few extra jumpers

>>51568027
>if you sell now you might be forced to by back in at 30 usd
no way with these macro condition. Does high iq really make you so detached from reality? They gonna keep raising rates trought 2023, that will be the bottom. 1$ probably never, but 2.25$ seems very likley

It's insane how dumb link bagholders are holy fuck. Imagine wasting 5 years on a fucking useless erc shittoken which had 1 pump when every other retarded dogcoin was pumping. And yet here we are 5 years later these retards still haven't figured it out yet. It surely is going to happen this year boys. Totally not a dead 2017 shittoken. I'm so excited for you guys

>>51571053
I literally am you fucking retard

>>51571483
what jobs do you find you imbecile? even minimum wage job positions (which here are literally less than €600) are COMPLETELY overtaken from immigrants and pakis

>>51568215
>if you increase the cost of new capital this much and this fast shit is going to break even outside all the shit the russia war/embargo
What will be the exscuse to pivot?
Do you expect the crash to last till 2024?

who's getting a big mac and some beers to settle down and watch this?

>>51571509
I make £36,500 and it's enough for a normal life.

Fireside chat sounds so gay. Was this like a preexisting phrase in the corporate world?

>>51571708
>£36,500
so, you're not from europe, and judging by your statements, you either live alone with no family/kids/wife, or somebody else is covering your housing expenses because England is expensive as fuck
yeah, no fucking way you're gonna convince me 40k euros are enough
yeah,

>>51555549
>wsg.com
WSG?
is that the Wall Street Gournal?

>>51551239
I missed it unfortunately, kek. I had ALBT first and only got LINK after I learnt of their partnership.

>>51571743
Popularised by some US president a long time ago, I guess they literally spoke in front of a fireplace. So yes it was pre-existing.

>>51571606
for me its weed and steak and eggs
>>51571743
t. zoomer

>>51571807
Lmao that's your own fucking fault for living above your means.
Why you getting a wife/kids when you can't afford it?

Just noticed link has now been in a downtrend against Eth longer than it has ever been in an uptrend lmao

>>51572201
cause I could afford it, I'm on freelance and this whole situation has fucked me and everyone I know many times over
>should have done x
>should have studied x
>should have been born in wealthiness
yeah, no shit, but here we are TODAY
the main fucking point I've been trying to make in this thread is that NOT ALL OF US CAN WAIT 5 MORE FUCKING YEARS
case closed

so according to the collection of geniuses itt, you should only hold LINK if all of the following circumstances apply:
>you actually bought under a dollar
>you don't live in a poor and corrupt fucked up western shithole
>you are willing and able wait indefinitely for price appreciation
>you have already a good paying job/benefits whatever
>you live by yourself
and one of these
>be already rich
>live like a fucking hobo in order to "cut the cost of living"
okay, you're either all trolling or you're genuinely retarded/underaged edgelords
go fuck yourselves

Nice usage of those VPNs, Ranjeet.

>>51571019

>>51572438
No, why do you make it so fucking complicated, basedjak me if you want but its as simple as don't spend money you can't afford to lose.
>you actually bought under a dollar
No, but if you're investing, you should have at minimum a 5 year time frame. Anyone who bought link over a dollar hasn't even held it 5 years yet, 3 at most. And yes you can compare it to shitcoins but risk/reward, and compared to btc/eth it has outperformed them since inception.
>you don't live in a poor and corrupt fucked up western shithole
who gives a shit if you live in a shithole, why should that matter for investments, go fuck yourself
>you are willing and able to wait indefinitely for price appreciation
Not indefinitely, try 5 years like a sane person. Link was a hedge AGAINST the insanity that is the current crypto market, everyone understood that if it violently mooned on pure speculation those gains would be wiped away.
>you have already a good paying job/benefits whatever
Again don't invest what you can't afford to lose. Its that simple.
>you live by yourself
Why is this a requirement, if you're a loser that can't support their family that's on you

Again, 5 year timeframe, that isn't much to ask at all. Anyone that has held link for 5 years so far is up 30-40x. You claim to be one of those and yet are whining like a petulant child that its not enough. I pray you capitulate and have to watch from the sidelines in a couple of years from now. Every retard like you deserves nothing.

>>51572948
> invest
It's a shitcoin owned by 30% by 1 single person by his own admission, and 35% extra "reserved" for "future project" (i.e. a 65% total potential to dump".

Get the fuck out of those centralized scams.

>>51572990
No.

Thank you for your concern.

>>51573124
Ranjeet, I wasn't talking to you. Use your VPNs from the scamcenter in other replies or you may miss that raise.

>>51572990
>>51573140
The fact losers like this spam 200+ post link threads in the dead of a bear market is why anyone with 2 brain cells should never sell. If they care that much, ask yourself why. Note shitcoin generals go undisturbed, even shitcoins of the week like lunc don't get this level of dedicated fud.

I’m gonna jerk off to Blacked porn while I watch Smartcon on another monitor.

>>51572447
>>51572990
>>51573140
how many hours of your life have you wasted trying to fud link?
you're absolutely terrible at it

>>51571743
it does sound gay

>>51571743
Roosevelt bro. FDR. And yeah its so cringe that link uses it

>>51572438
Exactly. WHERE THE FUCK WAS ALL OF THIS LAST YEAR WHEN THESE ASSHOLES SPAMMED THE WHOLE FUCKING CATALOG ABOUT IT GOING TO TRIPLE DIGITS/1000???

>>51571154
all the people that are seeing this and freaking out about it, you know those are the real deal not the poors and jeets that infest link threads

>>51570006
with everything you posted you deserve to be shaken out, you were simply never meant to make it anon enjoy the company of the normies in the breadlines soon cause you are one of them
given all the tools to succeed and he threw them away out of stupidity

>>51571543
the excuse doesnt matter, something big is going to break internationally thats where it begins
could be japan could be DB, doesnt matter unless you want to option gamble on the event
after that it becomes impossible to truly tell except that fresh money will be barfed throughout the entire system and crypto will be the first asset to find a bottom due to its relative free market
in real world terms crash conditions could take a long while but that shouldnt concern any of us here as our assets will isolate us from that
not a good time to be a normie with a mortgage right now

>>51573898
Ranjeet, you seem hypocritical, since you've spend 24 hours for the last 7 weeks to use your VPNs from the scamcenter to shill.

>>51574479
Sirs you have spend the time in 24 hour pls sir do not spend the time

>>51574342
Thank you, I'm shocked that anon said you sound like a 16 year old, worst case of projection I've seen in a while, everything you're saying makes sense. Also interesting to note even in these awful macro conditions, its entirely possible link has already found a USD bottom, which means anyone capitulating now is doing so at the absolute worst possible time. Just measuring it against crypto, its in an uptrend vs btc and eth, and I wouldn't be shocked to see it 2x vs btc over the next few months, meaning even another capitulation to 10k for btc doesn't drop link below 5 dollars. From there its a waiting game, speculation will come while the markets remain dead, before another bullrun, and this time a wildcard, actual adoption may take place before the next bullrun begins (though likely no sooner than 2024).

>>51574479
>s-sirs who would spend hours doing such a thing sirs?
>p-please sell before smartcon sirs
stop projecting and tell the ebil nazi linkmarines how many hours you've spent embarrassing yourself
cause I think you've run that 65 percent fud thread 5 times now in the last week, and you usually spend many hours in those

>>51574571
You stupid idiot, the fact you know detailed shit like who is posting every minute of the day for the past few months, proves you are a paid shill who does nothing but treat this as a job.

>>51574668
>Make the same retarded fud thread over and over again
>Get noticed and screencapped because you're an instant lolcow that fuds for dozens of hours a week with terrible english and the same copy-pasted talking points in every link thread
>"y-you must know detailed shit like who is posting every minute of the day for the past few months"
You're just so shit at your job that it's hard not to notice. Like a retard that shits his pants at the same bus stop every day.

>>51572948
>5 years so far is up 30-40x

Not quite 5 years but I bought early '18 and am not even 10x up. And if we get this big next drop I'll basically be back even or maybe 2x. Fuck this gay earth. I'll never understand why they purposely made us miss the entire '21 bullrun. And then to add insult to injury, they follow it up with a big hype announcment Jan 1 and we get JACK SHIT since then. WHAT THE FUCK MAN

>>51574559
>which means anyone capitulating now is doing so at the absolute worst possible time
thats the gamble swingers make at this point, its very dangerous because nothing is suicide fuel like seeing an asset you knew about, were following and once owned moon into the sky
swingies at least do it to make more money out of greed but that one anon would have done it out of sheer stupidity thats the worst
anyway i tried to explain it to them and i clearly failed but i am glad some lurkers seem to understand the message

i never responded to the 16 yo insult as it doesnt make sense: the post that triggered them was me saying i am prepared to sit in the cold rather then sell link, if i was 16 i would neither have start capital to invest nor an account with an exchange, but clearly as a 16 yo i wouldnt even know what a utilities bill is let alone prepare for one just ignore those seethers they will all ngmi

>>51574342
>deserve to be shaken out

Crypto is so weird being full of people who think like this. It's like if you aren't happy about being scammed then you deserved it? wtf...

>>51574910
Missing the 21 bullrun was unreal. Absolutely fucked my life entirely.

>>51575026
That's why I'm surprised they're inviting people in person to do things like eat burgers in a small group with the guy who almost assuredly had a hand in ruining many lives. At the peak, 50k tokens were worth almost a few million. Now worth a few hundred thousand, but that's assuming people have the luxury of holding

>>51575026
Yep. Can’t believe I’m still watching this shit five years in. I did sell on the way down, thank god, but still.

>>51560455
>is however the most unfortunate that it happens right at peak macro fud

This happens literally every time we have a major announcement. Don’t you remember the consensus crash from a few months ago? The schizos are right, they really are suppressing the price.

>>51575074
Yea they are so out of touch with reality. Imagine asking 1477$ to watch the person directly responsible for you missing the bullrun lmao. Unfortunately he always has an army of nuthuggers like chainlinkgod defending him.

>>51571606
big mac and some hard kombucha

>>51571743
Just means it's a cosy casual vibe pretty good phrase I reckon. Maybe you need to chill a bit yourself

>be me, pic related
>Russia starts WWIII, get conscripted to fight against the Russians in a brutal war
>lose a battle and become a POW
>The Russians torture me daily for over a year
>everyone else in the platoon breaks except for me, Russians are perplexed, I seem desensitized to torture
>mfw I'm a Link marine
>mfw pic related was before the war started

>>51577775
forgot pic FUCK SAKES

>>51577775
>off by two
>>51577793
and fucks up. would have been epic

>>51578073