/biz/ - Business & Finance

>>57427006
Link will literally flip bitcoin by marketcap for maybe a day within 6 months, then the global economy will collapse.

Value is collective perception of supply/demand. Try and think about what is valuable to you relating to contracts.

>>57427006
im still confident in $100's and a fabled $1000 price target, imagine the shit posts on this site "biz called $1000 in 2018 and it happened, kek fuddies will say but that was X years ago people sold etc etc

>>57427006
It really is hard to believe how ahead of the game we were back then.

>>57427006
If/when staking 1.0, CCIP mainnet, Functions, DECO, Data Streams, or any of the countless other things they've announced but haven't released.
I'm not one to come on here and bitch about Link, and I try to keep the scope of it all in mind, but dear lord it would be nice to see some of these things come to fruition.
All I need is a 5-10x and I'm financially set for life, and I'm sure I'm not the only one in that position here.

>>57427098
dear God, I sound like one of those stupid assholes holding Shib bags saying Shibarium will make all their dreams come true.

>2017 anon
>when I go on Youtube
stopped reading there

>>57427158
I'm proud of you for getting that far jeet!

>>57427235
अनुवाद पर अपना समय बर्बाद करना बंद करो, बेवकूफ

Test

Anyone else experiencing replies getting eaten?
It says post successful but it doesn't actual post.
I tried posting 'Test' and it worked but not my original post.

>>57427158
Let me guess you're 50 living in your mom's basement but you're superior because you refuse to get information from anywhere other than a plaintext message board that was designed in the 90s.

>>57427346
let me guess you're 20 with a broccoli cut and you get your "information" from some influencer retard talking excitedly into a microphone

>>57427006
Yes. Nearly everything in this space with the exception of LINK is obsolete in the fullness of time and the endless limited release beta mainnet product launches are more indicative of us being early than they are of Chainlink Labs being incompetent (VC funded fuddies and unhinged CeFi victims would disagree here). The only thing that matters is smart contracts, who takes them into production at scale, and where the fees go. The cypherpunk wild west of the past decade will give way to an austere Deus Ex corpo fascism and most cannot see it because their identities are tied up in bygone narratives about sound money and OWS. "Crypto Culture" is fake and gay. Take the Dimon Pill, anon.

>>57427305
That's happened to me a few times lately but not today. It's annoying isn't it

>>57427411
This

Chainlink can and will eat the value of everything in this hellscape

There’s nothing close, you can’t put a value on what it will become given sufficient time.

>>57427006
With Fink's statement a few weeks ago, I'm more and more convinced the cards are going to land in our favor.

>>57427411
This. The libertarian movement in crypto is dead. coopted by grifters, influencers, and banks. Maxis are either paid to not discuss this or are useful idiots. If you haven't figured this out by now then sadly you're ngmi.

>>57427006
i also been hodl link since then
if what your saying is true then wagmi

The entire blockchain space will go through a re-orientation process after CCIP is released. Dapps will have to adapt or die. Three years from now people will think about blockchain in a completely different way. People still don't even know how to think about CCIP. CCIP is proof-of-stake for the sum total of all blockchains connected by CCIP. If you understand how a token is needed to secure Ethereum's proof-of-stake, or Avalanche's proof-of-stake then it should be obvious to you why a token is needed to secure Chainlink's proof-of-stake. It's just another layer of consensus. Proof-of-stake on top of proof-of-stake. If CCIP transaction volume shows itself to be increasing over time then I think we will see significant price action.

>>57427938
CCIP really is an unprecedented event.

>>57427006
1000 was always a meme but who knows. Personally I think it will reach around 200-300

Easily, but when, I don’t know

>>57428004
Do you think it will reach those levels during this bull run? I do have the same worries about the price action as the OP. I spend a lot of my free time watching different crypto YouTubers and all of them have conservative estimates for Link this cycle based on TA. I think Chico Crypto might be the last one that still believes in the meme.

>>57427098
I think mixicles is the missing fundamental, expect big news on that this smartcon.

>>57427715
think so too but surely am not the only one thinking it's a race against time what with yield curve inverting and rate cuts coming signalling an 'official' recession, even if we have been in an 'unofficial' one for some time.
in our favour, soft landing proposition and election year.
might well be that a big financial crash brings all this to pass, out with the old in with the new, but feel like it would take a few years. if we don't crash hard though feel like rwa's is 2024/25 for real and chainlink is so needed for that.
if ccip comes out soon (if) and if it does what it purports to do and it is quite possible staking 1.0 is around 11 months away and link should stop getting dumped just over a year from now, can see things steadily and then quickly speeding up.
and i've been not been one saying 1000 eoy even for the meme.

>>57428365
>might well be that a big financial crash brings all this to pass
something tells me that we'll simply transition into the new Chainlink powered economy without any real crash. like it will just kind of happen behind the scenes and retail will be completely oblivious to it while their entire digital life gets integrated into the Chainlink network in some form.

>>57427006
Once Blackrock launches it's chainlink ETF it will hit $200

>>57427006
>Are you still confident LINK can reach high $hundreds or $1000
Of course

>>57427411
this is true however i am very concerned with the performance to happen this cycle which shall be concluded in a little over a year and a half
i really cant take it anymore to go back into the cage for another 4 year cycle i really cant
and i am not the only one in the position

>>57428476
BTC ETF didn't do anything to the price, why is that and why do you believe it will be different for LINK?

>>57427006
>Are you still confident LINK can reach high $hundreds or $1000
It all depends on if Swift/DTCC actually take their new tokenization experiments into production, I honestly believe nothing short of this can pump LINK.

>>57427997
that poster did not realize how much cll was about to delay
i remember that time we all thought staking was about the begin but then end of november cll released the details and we got to know it was stakin 0.cuck and we would have to wait years for the real deal
same garbage happening right now with ccip, official release in summer last year still crickets on ga and no communications from the team
i hate them so much for doing this to us anons

Chainlink will eventually have a killer retail facing app built using their tech which previously could not have been built. That’s when the fun starts imo. I think we get a nice pump this coming year regardless. I don’t expect the rwa to really be made real this year, but I think the narrative and anticipation will increase. And I’m sorry to shill but marines, buy a bag of ondo.

>>57429289
>Chainlink will eventually have a killer dev facing app built using their tech which previously could not have been built. That’s when the fun starts imo
ftfy
It's about protocols and big players using Chainlink services without the end user (retail) even knowing they use them. DeFi summer didn't happen because retail used Chainlink price feeds, it happened because devs used Chainlink price feeds. Same thing should happen with every single Chainlink service.

Smartcon, hackathons, tutorials, masterclasses, BUILD, SCALE, endless extremely detailed documentation etc, it's all dev oriented.

>>57429263
I remember thinking I was about to make it after the Jan 1st 2022 Sergey announcement where he said staking and CCIP in 2022. If only I knew how much longer I was going to have to wait

>>57429401
>if only you knew how much longer you will have to wait

>>57427267
साल का एक हजार अंत सर

>>57429289
>>57429339
https://www.youtube.com/watch?v=Vhh_GeBPOhs

>>57427006
>YouTube

>>57429193
Retards like you will sell early

>>57427006
Link $100000 eoy

It’s hard for a real pump to happen while CL still has so much liquidity to dump on holders. It’s currently 2/3 of ATH mcap, yet less than 1/3 of its ATH value. Sergay saying I don’t think about tokenomics is like when Trudeau said I don’t think about financial policy, and Canada is beyond fucked at this point. I still have faith about link down the road, but not expecting anything for a while.

>>57427006
$1000
LiNK will reach $1000

I cashed out 10% to make a rather large purchase, expect it to moon only after I can’t panic swing back in this week.

>>57432458
>It’s hard for a real pump to happen while CL still has so much liquidity to dump on holders
the only crypto that has outperformed link has dumped more so this makes no sense but you probably know this you fuckbucket

single digits coming

>>57432458
its amazing he just sees his community as an infinite piggy bank . he may not be going to jail but mf is going to burn in hell for how much needless suffering he is causing people.

Personally don't think we'll see a huge pump until staking 1.0 is announced. That will signal that the end game is approaching. The rwa stuff will take years but that will be the push from 3 figures to 4.

>>57433468
What are you even talking about?

Test

The ironic thing is I dont think its realistic to expect Link to have a quadrillion dollar market cap anymore, but I do think it SHOULD have that kind of market cap. When I first got in the game I thought Link would have a trillion dollar MC without ever really understanding it or why. Now I know more, I think it should be even bigger than I thought initially, but im buckbroken demoralized so I just dont think the market will ever catch up

>>57433945
>What are you even talking about?
>Fat ID
please don't talk to me you lardass

Patrick Collins is really REALLY riled up rn fr

the amount of replies should tell you that anons are very insecure about their investment right now. the worse it gets, the longer the rationalizations

>>57434155
As long as there is still fud. I am comfy. There is something deeply reassuring about it in this market.

>>57434227
it's really this simple. buy the fud, sell the shill.

>>57429575
he's not retarded per se, but he is very emotional about investing and that's a sure fire way to fail.

the problem with cryptocurrency is none of you care about the tech. Yes, you might understand it, you might even have good reason to believe it will be disruptive. You're all just speculatively betting and hoping someone will come along and pump your bags so you can "make it". But the only people who will buy in are more people speculating and hoping some massive non-existent mob of people buy in for the "tech", but it will never happen. Speculators will just keep buying in until a massive capitulation and that will be your one and only chance to exit as link along with every other coin fades into the annals of history for the stupid fad that it was.

https://drive.google.com/file/d/1PMgr9ncfFGWLR1d4d-h50KhjlhsY3KQi/view

>>57434355
I should probably delete this, but will let it sit for a while... This is major. If you know, you know.

>>57434355
>>57434361
>just wait 10 years brop
lol

>>57434383
>just wait 10 years brop
yes because after 10 years it will just be like a switch gets turned on and it will be thousands of dollars until then it will stay stagnant and not move in any direction kek

Ooooooooh linkieeees

>>57434430
exactly, kek

>>57434304
yeah. if you want more anons to buy, you have to post cheap fud. it's the oldest trick in the book, that's why it's done so often

>>57434336
i am not emotional about investing there is no instance in which i sell early that can happen
i am however very emotional about the absolute decay in living conditions in the cage, in the past 5 years it just isnt livable anymore to anyone with a scent of sentience
what else is a man to do if they rug the living conditions from under him, and no cucking out isnt an option even if it would work long term

and i repeat i guarantee you i am not the only one in this exact position on here, link has taken far far longer than anyone ever imagined in 2018

>>57434355
Its undervalued now, and this litteral who says its value is 5700 but his price targets for 2030 is 1k.

>>57434653
>and this litteral wh-

>>57427031
im with this anon

>>57434653
Nice esl cringe

>>57434680
LITERAL FUCKING WHO

>>57434355
Bro, we could have told you that shit.

>>57434355
>>57434361
>>57434680
This "analysis" is amateur and inaccurate. Chainlink is not completing with Stripe's transaction fees, it will not be replacing credit cards. These FI's which it's targeting such as SWIFT currently charge a flat amount for a certain number of transfers. This has been discussed ad nauseum in the past months. The value proposition of LINK is that interoperability will be worth the extra cost to use it, but that's not what's being described in this document.

>>57427006
ICP makes LINK not needed. ICP can do direct HTTPS Outcalls. No intermediary needed. Blockchain singularity. newfags DYOR

>>57429401
Yea, neither of those things still and it is 2 years later. I can’t really wait more than another year. I’m going fucking crazy. I hope they launch one or the other soon, but with staking v0.2 having just launched I don’t think we see 1.0 this year.

>>57434880
>Chainlink is not completing
esl detected opinion discarded, change ID and then come back.

>>57434430
this kek
sell all your link and just buy right before the mega pump in 10 years
ez

>>57434645
You are not the only one. I never considered selling early. The state of things in the world has made me think I should cash out this cycle just to save myself. Everyday in the cage is harder than the next.

>>57434645
>>57436700
don't you people have a comfy remote programming job, yeesh
sometimes i wish i had a grueling wagie cagie job while i was stacking link, i probably would have sold the 2021 pump then kek

>>57436761
>probably would have sold the 2021 pump then
I see. So does this mean you intend to sell when we reach the 2021 price the next time?

>>57427031
This is the most sensible, down to earth take.

>>57436054
>what is autocorrect
You didn't address a single one of my points, and yes, this probably will be a different ID since I'm using data. I also have more LINK than you.

>>57427031
Enough for me to cash out my v0.1 staking rewards and put a down payment on an apartment

>>57436761
ah yes i forget every other person on here has a comfy work from home job doing only 5 hours of actual work for google netting 300k per year
i thought we dispelled this demoralization a long time ago

why do y'all hype chainlink so much? it's shit isn't it?

>>57437079
nah, if it gets to $50 again it'll definitely go higher

>>57437681
Is that 5 hours a day or 5 hours a week?

>>57434353
This is the mind of a "silver bug". Complete mental illness.

2 more weeks til barber dime bjs buddy.

>>57434361
>I should probably delete this
WTF I shall download this image and post it every day. I will not let you deny BIZ the opportunity to make it!

>>57437692
This
Icp is like totally better

ICP makes chainshit obsolete (nice thread btw. maybe study up on stoicism and nitezsche like sergey says)

>>57434680
im sure a pro like your pic related describes would put this into his analysis paper...

>>57434680
at least start at the beginning

>>57434680
he/him
Oh good, I wouldnt be able to know without him adding that to his name

>>57438257
>>57438334
>>57438365

Seethe nigger. $1k EOY.

>>57438378
I hope so...

>>57429339
Price feeds are free for devs. Doesnt matter how consequential they've been for the space.

>>57434355
Who wrote this?

>>57427997
no u

>>57438185
stoicuckoldry is buying and holding chainshit while everything else moons around you (like ICP)

>>57427006
Bump for my fellow 2017/2018 link marine
t.2500 stacklet

>>57427006
>“it’s highly unlikely that LINK still has a 50x-100x left”
"I'm not banking on LINK for that 50x anymore, but on WIFI, QANX, and a few BRC-20 gems. With the current vibes in DePINs, QR, and BRC-20 trends, they might just pull off that mad gainz.

>>57427006
>2
>hundred
>more
>years
give it a rest already

>>57428055
>Do you think it will reach those levels during this bull run?
What "bull run"? We are partway through the full economic collapse of Western civilisation, anon. They are looking for ways to blame it on their enemies or outright burn everything down to minimise casualties amongst their own.
Why do you think that the West has completely open borders with the third world? There aren't any jobs for those people, there aren't any booming industries for low skilled workers.
Why do you think they're trying to instigate WW3?
This is unironically bullish for Chainlink, when the financial system collapsed people will demand heads and want assurances that the underlying problems are fixed.
That's where truth>trust comes in.

>>57434355
>900 trillion
fucking lmao

What's the make it stack for btc?

>>57427006
I'm not confident at all. That's why I sold all my link and purchased $Michael obamas LARGE penis on Sol

>>57427031
>Link will literally flip bitcoin by marketcap for maybe a day within 6 months, then the global economy will collapse.
so do u cash out ur link at the top and buy gold or what is ur plan? just hold? will link hold its value?

>>57427006
Ive been on biz since 2016-17 watching the LINK cult take hold
You missed the boat if you didnt sell at $40
This board is full of other bagholders but those groups dont have a cult and a daily cope general
LINK is just another alt-coin that will fade away like the rest, go on any other crypto forum to see the same mental illness but directed at another coin

>>57443268
Link will retrace ~99% from it's top, PMs and other commodities will crash as well. You will want to sell everything for US treasuries at the top and hold them for 12-18 months. Buy PMs, miners, commodities etc. at the bottom of the bust. I expect Link to recover but I can't predict if it will have a V shape recovery or a multi year accumulation phase again.

>>57427098
a) none of this is real and b) releasing an actual product in crypto is the worst thing you can do for price

how someone can be in crypto for years and not realize this is beyond me. The whole game from an investing standpoint is speculation. This dotcom bubble 2.0

>>57427997
these posts don't work anymore. Biz lost its magic years ago

>>57429339
Linkies talking about 2020 defi summer is Uncle Rico telling the story of the one time coach put him in with the first team in practice

>>57434880
that valuation is so embarrassingly amateur... man the iq of the average link holder is down so far versus 2019

>>57443998
>>57444007
>>57444018
>>57444033
anons take a look at this guy, this is what happens when you didn't get in to the pool, prepare for v0.3 this year so you don't go full mental patient.

>>57444042
>v0.3
Only 7 more years until 1.0 (maybe lol)

>>57443571
which kind of treasury should i buy, as in years? and are european treasuries ok?

>>57427006
What does Kermit's fingers smell like?
Bacon grease

>>57444018
It's more like if Rico became the star player on the first team.
Chainlink's dominance of Defi absolutely exploded since summer of 2020.

>>57427006
$20 delusional
$1 realistic

>>57444042
>brags about 4% when banks are paying 5

yeah i'm the one who's mental

>>57444085
>we won if you use my special scoreboard

oh cool was that reflected in the cha--ACK

>>57444358
>my special scoreboard
But you're the one who brought up defi lol

>>57444370
actually, the post he quoted specifically mentioned defi so...I guess you're retarded?

>>57444433
He came up with the Defi analogy, which I simply expanded to its current logical conclusion.

>>57444480
which he literally quoted from the relevant post, he didn't "bring it up"

>>57444490
The Defi analogy was his.
Within Defi, Chainlink's dominance only grew since summer 2020. So the Defi analogy he brought up holds no water.

>>57444503
oh, you're retarded
everybody got the analogy apart from you
defi summer = chainlink mega pump is ancient history = there's your analogy

>>57427006
Correction: "Come with me if you want to be fat."

God Thank You for not making me a jeet.

I can't imagine sitting here all day fudding LINK to a dead board full of stinky brown jeets and bots.

>>57444527
Making "defi summer" only about the price makes no sense.
For starters because Defi itself absolutely exploded (along with Chainlink adoption) after summer 2020.
Even right now, Defi TVL is literally 100x higher than in the summer of 2020.

>>57427006
the prospects now are higher than they were early on as the scope has increased

>>57444553
>defi exploded
and died, nobody uses it, no one cares
>Defi TVL
accumulative metric which literally means nothing
when people are referring to defi summer in the context of chainlink, the refer to chainlink's price
stop being an obnoxious autistic sperg

>>57444895
>when people are referring to defi summer in the context of chainlink, the refer to chainlink's price
If that were true, they'd call it "Chainlink summer" you moron.

People call it "defi summer" because that's when defi STARTED gaining traction.
See pic, circled in red is your precious "defi summer".

>>57444931
...which literally proves my point that "defi summer" in the context its being used here explicitly refers to chainlink's price explosion during "defi summer"
how fucking dense are you

if you hate chainlink: have sex
if you hold chainlink without staking: have sex
if you hold chainlink AND stake: you are having sex
simple as

>>57444951
>'defi summer' actually refers to chainlink, not defi haha

Keep trying though

>>57444951
you're wrong. it refers to literal retards printing money to dump on retail. when you see someone say defi summer its a sign that they are a scammer who is going to dump on you.

>>57444895
lmao I think that guy is purposely trying to miss the point or just straight autistic. He didn't get the Uncle Rico joke at all.

>My team may have lost the game via the scoreboard, but actually we won because we had more yards. Here's a graph showing why we won

yeah...but you lost (see the chart)

>>57442134
>This is unironically bullish for Chainlink, when the financial system collapsed people will demand heads and want assurances that the underlying problems are fixed.
yes chainlink will be connected to a politican brain to make sure he/she does the right things and register it on the blockchain

brainless shilling like this is the most effective FUD for me personally