/biz/ - Business & Finance

I really don't care whether you hold or sell.

I feel your pain. Held since early 2018, sold some off to take profits along the way and left holding a decent stack BUT... the predicability of the pre-show pump and dump, even though we all thought it would be different this time, has broken me.

No amount of news seems to pump Link and it's becoming obvious that Link is being suppressed by Chainlink themselves. They don't want to try and justify a massively fluctuating asset to the global financial elite. They want steadiness and a sign it's immune to the irrational crypto market. A port in the storm.

At some point it will be out of their hands but there's no indication of when that'll happen. I could sell now and enjoy the gains or hang on for 'two more weeks (years)' for what? Another carrot and stick moment?

Never thought I'd say this a marine but my greed no longer outweighs my patience.

you don't have to sell everything. sell 20%, invest it into something else. you will notice how your focus shifts away from link and onto the new thing. over time, you can sell more link if that's what you want. the important thing is that you start

>>56267995
It's time to get out.
You had strong warning signals in 2021 when this shitcoin failed to attain it's previous ATH.

The only value a shitcoin has is its speculative potential. Once they release what can laughably called a "product" it becomes obvious how little demand there is for some decentralized bullshit, and the speculative potential is GONE forever.

>>56267995
>>56268007
>>56268075
>>56268885
>>56268941
Anyone selling now would have sold a LONG time ago. The fud doesn't work with anyone and is just spite at this point

>>56268969
My warning is to save newfags from buying Chainshill bags.

They've been feverishly trying to recruit newfags to buy their bags. The catalogue is shit up with 50% Chainshill threads for weeks. They're desperate.

>>56268007
fpbp

>>56268941
here's the test of just ONE of their finished products. your soulless meme'ing betrays your shit colored skin.

>>56268983
There are no newfags left and every thread is a link thread because all oldfags hold LINK. And every oldfag knows why he's holding, so you can just shut up and fuck off.

>>56269037
What is that marketing graphic supposed to prove?
Show me fucking revenue. Show me some GAAP filings that show revenue.
You've got nothing. Just an illegal security, a fat mascot, and a perpetual "SOON" stick and carrot scheme.

>>56269055
No, they're definitely trying to recruit new bagholders. Chainshills need to be curbstomped and banished off here.

>>56269089
If you are not being ironic I must sadly inform you that you are an idiot

>>56269069
>displaying your high time preference
as if i needed any more proof you were brown

>>56269107
>displaying your high time preference

No idea what you're talking about LINKcel, but here's some hilarity from the past.

>>56269099
Just admit that you fucked up by not selling in 2020 like most of the OGs (myself included) did.

t. 15,000 sold in early 2020 around $30-35

>>56269156
Well, I sold in 2021 when the price was higher

>>56269156
>just admit you didn't swing like you should have in hindsight, bro.
anybody actually swinging a significant portion of their link stack clearly doesn't understand what they hold. i sure wish i sold more and bought back 10x. what a retarded point to make, though
>>56269136
i know you don't. and citing the Zeus hit piece? lmao

I had 90k LINK just after the ICO, I sold everything on the way up. My best sell was $51 per token in october 2021.
The house I'm currently living in was bought with my LINK gains.
Chainlink was the real deal, you just had to sell at the right moment.

>>56269255
And it's still the real deal. Of course expectations were inflation at some point, and we'll be there again some time

>>56269231
>anybody actually swinging a significant portion of their link stack clearly doesn't understand what they hold
LINK is not even correlated to the success of chainlink. I think I understood very well what I held. Another overhyped utility token that I would sell at the top of the bubble like I did for dozens of others since 2017.

>>56269231
You didn't need hindsight in 2020 to realize the Google "partnership" claim was entirely fabricated and fraudulent, and the pump was unsustainable. This was on the heels of the DEFI bubble, a fraudulent Oracle "partnership" etc.

You were fucking greedy, and stupid, for not recognizing the opportunity. And now you must be reminded of it every day. Every Smart Con for the next 5 years (until Sergey runs out of premined tokens to dump) I will be here to remind you how stupid you were for not selling in 2020.

>>56269255
>>56269267

THIS is how it's done.
Absolutely based OG Chad.

The bagholders that call themselves "marines" today are a fucking disgrace, and I defecate on them in utter disgust. You niggers remind me of the bagholding cults for every other dead shitcoin now, like VeChain.

>>56269266
>and we'll be there again some time
Maybe, I bought back a small stack just in case, for the next bubble. I'll try selling again at the top, but I'm not sure we'll reach a new ATH with LINK.
I wish that every bagholder learn their mistake and don't miss the next opportunity.
In any case right now is definitely not the right time to sell.

>>56269267
>LINK is not even correlated to the success of chainlink.

Not only is it uncorrelated, it makes Chainlink (the software company) untouchable to any institutional investors because the ICO premined token IS 100% an illegal security that will eventually be addressed by the SEC.

I suspect a Coinbase delisting will be demanded sometime in 2024, along with all of the other premined garbage, before the BTC ETF is approved.

>>56269324
>but I'm not sure we'll reach a new ATH with LINK
Why the fuck not? The fundamentals are insanely strong. It's going to moon no matter what when (I can with if) the revenue increases. Chainlink is the only and superior provider of decentralized services, which is historically proven

>>56269344
>Why the fuck not?

The same reason it didn't do an ATH in 2021. Dilution and the speculative potential is vanished.
They can claim a new Microsoft, Amazon, Tesla, whatever "partnership" and no one will care because we know it's nothing but smoke and mirrors.

>>56269380
>The fundamentals are insanely strong
It will happen with or without speculative forces, which will kickstart speculation and mania.

>The same reason it didn't do an ATH in 2021.
LINK also ATHed before ETH and BTC in 2020, just because it didnt get the its 3rd ATH along with BTC / ETHs 2nd doesnt mean your point is valid. The patterns you are seeing isnt necessarily predictive.

>>56269396
There are no fundamentals (Chainlink is not investable, the token is 100% illegal).
So what remains are the speculative aspects, and those are pretty much spent after 6 years of crying wolf and announcing meaningless corporate "partnerships".

Sorry bagcel, the time to sell was 2020.
You might get up to $12 next year when BTC has its run-up past $150,000, the rising tide of Bitcoin tends to float all of the turds below it. That will be your last chance to sell.

>>56269420
>the token is 100% illegal
Absolute bullshit

>>56269255
You will fucking neck when we hit $100.

>>56268983
>shit up
fud detected

>>56269267
>token not needed
tired fud.
>i'm rich now, trust me bro
right

>>56269279
where exactly did CLL say they had a "partnership" with google or oracle? and this is the second meme you've posted that just crossed out the original subject and replaced it with LINK. Sad, really.
>>56269332
>big daddy SEC will come after LINK eventually, just you wait!
look, just because your shitcoins got their shit pushed in by the SEC, you're now going to beg your new daddy to go after the only project that has a chance at making crypto anything other than a casino. i'd say i'm shocked, but i'm not

>>56269435
>Absolute bullshit

You have no idea about securities laws. I'm a regular stock investor.

Why do you think Chainlink is registered offshore, like FTX was?
Because their issuance of a security, one that was printed out of thin air without any collateral, to raise funds from the public is 100% illegal in the United States, EU, Hong Kong and pretty much everywhere else in the world that matters.

Why didn't Chainlink go through the process of registering with the SEC and issuing a proper security, like any other proper software company raising money from the public? That requires routinely issuing filings and disclosures about risks, ownership structure etc.

NONE of that was done. Instead, they printed some air tokens, called it a "utility token" despite not having any utility (Chainlink does all of its business in actual US dollars) and bypassed ALL of the laws that are on the books to protect investors, retained over 60% of the premined supply, and then proceed to dump it on their investors.

Do you think that's legal in the US?

>>56269522
I don’t need the government to hold my hand

>>56269522
>posts childish drawings he spends hours doing in his free time
>types a load of horseshit
i hope this idiot loses what little he has left

>>56269522
>Why didn't Chainlink go through the process of registering with the SEC and issuing a proper security
what tokens were registered through the SEC back in 2017? or today, for that matter? did the SEC even have a mechanism to register crypto? regardless, sorry, nigger. the token has utility. it's provides access to the network, and the network doesn't work without it. i'm holding mine because i want that access once the network becomes mature.

i love how salty some fuddies are that the SEC just *ignores* chainlink

>>56269436
>we hit $100.

>1 BILLION LINK token supply
>$100 x 1,000,000,000 = $100,000,000,000 market cap

Lol
Lmao even

$100 billion dollar market cap for a software company with less annual revenue than a single Dunkin Donuts shop.
For comparison, I'll point out that's 5x more than SQUARE Inc., which is a massive fintech company worth $25 billion, based on a 2022 revenue of $17.5 billion.
Meanwhile, LINK earns less than $100 a day from CCIP...


This is why you post-2020 bagcels are so loathsome. It's the breathtaking ignorance of actual business/enterprise valuation, coupled with greed and incel reproductive rage.

>>56269629
>what tokens were registered through the SEC back in 2017?

None.
They're all illegal securities that will be targeted and demonetized, one after one.
Binance is out of the picture, Coinbase will soon be ordered to take down any premined shitcoins in 2024.
The SEC is late, but they're cleaning up this shit before the ETF approval.

The ICO process was basically a sleazy way of taking money from a very dumb public that made easy money in Bitcoin and especially ETH. Lots of ETH millionaires were made in 2017.
None of it was legal.

Raising money from the public LEGALLY is difficult and expensive. So these little bottom-feeding crypto software shitters basically took money outside of the regulatory system, and offered nothing in return.

Anything that was premined and has a central issuer, like Solana, XRP and LINK, is illegal and a shitcoin.

>>56269629
>what tokens were registered through the SEC back in 2017?
none, that's why they're all about to get rekt
>did the SEC even have a mechanism to register crypto?
they do, it's called "registration statement" and it applies to every security, crypto or not
>the token has utility
it literally doesn't
get fucked bagholder

>>56269586
>I don’t need the government to hold my hand

Of course you do.
You've got no fucking idea what you're doing and that's why you are deeply in the red and bagholding a financial instrument that is not even legal to issue.

>>56269665
hey, guess what? if most people are as retarded as you (they are), then so is the market.

personally, i think the LINK network will be worth about 0.1% of the markets it serves, which will eventually be quardillions of dollars. that'd put its mcap into the trillions. only a matter of time

>>56267995
>>56268075
Ah...i see fuddies have resorted to gas lighting now.

>>56269742
>quardillions of dollars.
the favorite moto of Link shills
wait until you realize that quadrillions of dollars literally don't even exist anywhere in the world

>>56269754
>gas lighting
thank you for correcting the record, fellow organic anonymous user

>>56269625
It's Tuesday morning, I woke up at 10:15 AM, had an espresso, cigar, and I'm reviewing my portfolio of dividend paying and interest-bearing LEGAL securities and debt instruments (bonds) etc.
I earn 25% annually on PetroBras, and 10% by just holding Cardinal Energy. Both in a tax-free account, so the ZOG gets none of my gains. Plus any capital appreciation is also tax-free.
How much do your NEET nodes earn in "staking" again? LMAO.

The LINK I dumped in 2020 bought me an investment condo and a good portion of the Bitcoin I still own today.
Thanks bagcels. It was your liquidity and greed that supported my ability to sell upwards in 2020.

>>56268075
>Never thought I'd say this a marine but my greed no longer outweighs my patience.
So your patience outweighs your greed? Me too, that's why I'm holding. Kek, idiot.

>>56269742
>personally, i think the LINK network will be worth about 0.1% of the markets it serves

Even if your wildest delusions come true (they won't, DEFI is dead in the water, Chainlink has no other applications) that does not even translate to success for LINK token holders.

>>56269791
Kek @ this larper pouring every ounce of his energy into his Link fudding lolol what a tool

>>56269742
>quardillions of dollars

This is embarrassing.
The biggest market in the world is the debt market, and that has a combined value of "only" ~$500 trillion.

You newfag LINKcels who bought post-2020 are the dumbest motherfuckers on /biz/. Go wash your penis, clean up your masturbation station, do something useful.

>>56269811
There's a sentimental place in my heart for LINK, since it was my first big multi-bagger investment. Also Request Network (which outperformed LINK in 2017), but they don't have a bagholder support community on here so I get to defecate on you instead.

>>56269156
LINK was never $30-$35 in 2020.

>>56269731
>>56269760
>>56269765

Fucking BAGGIES hold your bags like a man. Let the founders finish cashing out

>>56269716
Is a Pokemon card a security?

>>56269958
Whatever, must have been early 2021.

>>56268075
>No amount of news seems to pump Link

you know coins are supposed to pump off fundamentals, not news.
like real demand for the token being bought off the open market for the purposes of using the network.

got about another 10 years before sergey is done subsidizing all the costs and stops dumping hundreds of millions per year. goodluck

>the koolaid is not working
>please brainwash me more fellow cult members

>>56267995

i hope you sell faggot

>>56270106
>you know coins are supposed to pump off fundamentals, not news.
Kek. Sick fundamentals on dogcoins, fr fr

>>56267995
kek I made that pic a few years back, thanks for posting

>>56267995
I'm in the same boat OP. I'm trying to unstake my LINK at the moment but I can't seem to find a way to do it on their web page? All the emails I've sent to CLL also haven't been replied to... I'm getting a little nervous...

>>56269665
the market cap is meaningless. what matters is that there are people buying the tokens that sergey sells. that's all that matters. the price isn't important, he paid $0 for them. if he ever runs out, he'll just introduce another token. bagholders will celebrate this and defend it against all the (merited) ridicule on /biz/

>>56270011
Lyl, this.
The ultimate reward is Sergey emptying out the last of his premine.

>>56268007
This, i hope he buys even more lmao

>>56270412
>the market cap is meaningless

>The cost of the company is meaningless

Oh yes, I'm sure that $1 quadrillion dollars will flow into your shitcoin despite the company having less daily revenue than a single fast food restaurant.

Financial illiterate.

>>56270106
Yep, and I've held firm in my belief for 6 years now. While I still think Link will be entirely successful with what they've set out to achieve, I don't think ((they)) are going to allow Link to soar to incredulous heights. I'm done. The market can stay irrational etc etc.

>>56270412
>>56270812

My bad, didn't read the rest of your post initially, hence my reaction.
Sergey is literally up all the way down to $0, so as long as he still has HALF of the premined supply, he can buy celebrity endorsements, organize a Bitconnect tier bagholder conference every year (SmartCon) etc.


The only thing he isn't ready for is being shut down by the SEC, and while he is in the Caymans to elude US prosecutors, they can still shut his shitcoin out of any fiat on-ramps and pursue him.