/biz/ - Business & Finance

>>57615242
You’re going to miss another bullrun. And in 4 years you will miss another bullrun. Tops is almost in at $25. Screenshot this.

>>57615293
pools closed

>>57615297
Omg oh no. 4.5% return. The same return I get on a checking savings account. You are delusional. Seek help.

that image is funny

someone wasted time making that jpg and this thread just think about it

someone actually made that chart.
why are all link bagholders cringe as fuck?

>>57615293
>You’re going to miss another bullrun. And in 4 years you will miss another bullrun
alright guess I'll hope the bull run in 8 years is the one

>>57615293
this is the final leg of the bullrun we've experienced since the early 2010s.

>>57615344
>>57615350
>>57615386
wow very organic sirs, good job!

>>57615307
>not your money
>inflation
>link goes up in value
Retard

>>57615639
you will die poor

>>57615639
>organic
there's nothing organic about dump-on-retail alts like xrp or link. they're all desperate for retail money hence insane levels of cope posting like op's image.

>>57615242
if link gets some kind of institutional support/adoption (etf, ddtc or swift truly moving forward, etc), i can easily see $500+ in this cycle, god know where it stops.
if we only stay within web3, $100 is probably the top. I dont think most of the top crypto will move that much after a certain point.

>>57615681
but anon the alts that has outperformed link had more dumpening so dumpening = bullish? pls respond :)

Since you think chainlink is going to a billion dollars each you should be buying more. I'll sell you some for only $100 each right now

>>57615725
>t.grayscale

>>57615725
$859 to $1403 not one billion $ anon you're being silly ;)

>>57615293
It’s pumping the most this year and last year tho

>>57615739
You will pay me 2.5% per year and like it

>>57615665
>link goes up in value
>calls others retard

>>57616336
Wtf are you talking about? Chainlink has been rising allmost 200% in 6 months.

>>57615747
when do you expect link to hit those numbers? 2088?

I bought link in 2019 and have researched it since then and it looks to be a very elaborate scam with no utility further than price feeds. I am still holding but am looking to dump it when btc peaks this bullrun. You should do the same if you're holding 10k of it.

>>57615293
How did link make me a millionaire if it is missing bullruns?

>>57616991
And Solana 1000%
Avax 500%
Cope Link baggie

>>57617343
Good to see someone has come to the same conclusion as myself. I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs,you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this:companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that itrustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world acatio hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

>>57617430
Still better than your bank account kek.

>>57615293
this. sell. now.

>>57617343
>when do you expect link to hit those numbers? 2088?
this year ofc if I thought it would hit that in 2088 I wouldn't hold you fucking retard lmao
>>57617343
>I bought link in 2019 and have researched it since then and it looks to be a very elaborate scam with no utility further than price feeds. I am still holding but am looking to dump it when btc peaks this bullrun. You should do the same if you're holding 10k of it.
no thanks I'll continue to hold (staking) I think there is some VRF (random lotto number or some shit) and proof of reserve too, you really suck at doing research if price feeds was all you could find lmao

>bro what if link did a 10-20x!?!? We’d be so rich!!

>meanwhile last 4 days

Remember if you’re gonna invest in crypto why settle for a max 10x in 1-2 years?

>>57616991
Yeah, just pick the observation range that fits your psychosis the best

>>57617720
What's liquidity? What's the spread?

>>57617772
>Yeah, just pick the observation range that fits your psychosis the best
lmao the irony

>>57617784
Look it up yourself I’m not here to spoon feed. Here to mock linkies bad choices.

>>57617687
You expect LINK to hit 800-1400 usd this cycle?

My brother you are in for a rude awakening lol

>>57617795
>You expect LINK to hit 800-1400 usd this cycle?
yes
>My brother you are in for a rude awakening lol
how do you know?

>>57617863
>how do you know?
You do know that Sergey has been dumping 500k LINK to binance weekly since 2019 right? You do know that he ramps up the selling whenever the buying pressure ramps up to the point where the price of the coin is deliberately nerfed by sergey's selling right?

You do know that LINK has been bleeding against both ETH and BTC for like 4 years straight now right? You do know that no alt, including ETH have ever rebounded their BTC pairing to previous levels when they have dumped vs BTC right?

You do know that LINK's "partnerships" are all marketing bullshit that are used to hoodwink suckers like you (and admittedly me in the past) via speculative valuation and that LINK is yet to be used in any actual real world application right?

All i can do is hope that LINK gets dragged up with BTC this cycle to $100+ and then ill dump it. I dont give a shit about the BTC pairing anymore, im beyond that. If you're expecting LINK to magically do a 40-70x despite everything ive mentioned and already having a large Mcap you're either so brainwashed that you deserve to get dumped on or you're a retard.

>>57617966
>Sergey has been dumping for years
>Chainlink partnerships have been fake for years
>also I've been holding Link for years

You are legit deranged lmao

>>57618032
sunk cost fallacy nigga. Offloading my bags first chance i get.

>>57618056
So despite all that, you still think Link will outperform the rest?

>>57617966
>You do know that Sergey has been dumping 500k LINK to binance weekly since 2019 right?

The only cryptos that have been outperforming
link has dumped even more in to circulation so this doesn't matter retard.

>You do know that he ramps up the selling whenever the buying pressure ramps up to the point where the price of the coin is deliberately nerfed by sergey's selling right?

see above reply retard why are you repeating yourself.

>You do know that LINK has been bleeding against both ETH and BTC for like 4 years straight now right? You do know that no alt, including ETH have ever rebounded their BTC pairing to previous levels when they have dumped vs BTC right?

why the fuck are you starting the count from 2020? I didn't buy in 2020 you fucking retard.

>You do know that LINK's "partnerships" are all marketing bullshit that are used to hoodwink suckers like you (and admittedly me in the past) via speculative valuation and that LINK is yet to be used in any actual real world application right?

what the actual fuck are you talking about retard.

>All i can do is hope that LINK gets dragged up with BTC this cycle to $100+ and then ill dump it. I dont give a shit about the BTC pairing anymore, im beyond that. If you're expecting LINK to magically do a 40-70x despite everything ive mentioned and already having a large Mcap you're either so brainwashed that you deserve to get dumped on or you're a retard.

you're the only retard here, retard.

time to admit chainlink is bad investment :^)

>>57618071
I think that there is still a chance it can in the short term. if enough stupid money enters the market to create a mania altcoin phase it could have a pump vs BTC or ETH (not to previous levels ofc) i will have a chance to offload it in to BTC or USD to cash out. I dont want to sell it now while it's BTC/ETH valuation is so low and have been waiting for a bounce (which has never come) to do so. My position is too small to be swapping it for BTC and ETH and getting like a 1.5-3x pump from here so the increased risk is worth holding until the mentioned alt pump.

In the long term i think it's going to zero. As most ALTs are. I think even BTC is coming to a point where it's diminishing returns are becoming apparent. This cycle will i think be the last true manic cycle we see as they begin levelling out and replicating more standard cycles of other assets.

>>57618158
I don't care enough to read all that shit, schizo.

>>57618167
you asked, faggot.

>>57618175
I asked a yes/no question.
You can't shit on an asset the way you did, and then continue to hold it even after all these years.

It's like shitting on a plate, eating the shit, and then complaining how it tastes like shit. For years.

>>57618158
stupid money doesn't buy link, dummy

>>57618215
Obviously i came to all of those conclusions throughout the time of holding the asset, seeing what Sergey was doing and researching what LINK actually does, etc etc. Over a matter of years at which point i had already ridden out the 2020 cycle thinking link would have performed well in it.

I didnt just buy LINK in 2018/2019 and think
>gee this sure is a shitty alt. Better hold it for 5 more years!

Ive already explained why i still have it. Explained that im a bagholder that will dump it first chance i get. What more do you need to know?

>>57615242
Oracles are not needed on true web 3.0

>>57618226
/biz/ buys LINK. /biz/ IS stupid money. All retail is stupid money.

>>57618254
>i came to all of those conclusions throughout the time of holding the asset
No you retard, Sergey has been dumping since 2019 and the "fake partnerships" have been going on for even longer.
Your major issues with Link have been going on for over half a decade.
You're just a retard.

>>57618283
>Sergey has been dumping since 2019 and the "fake partnerships" have been going on for even longer
well i obviously didnt know about that in 2019. Nor did most of /biz/.

LINK came out of nowhere and performed exceedingly well in a bear market. Then when a bull market came around, myself and many other /biz/ bagholders expected LINK to do really well in the 2020 cycle. There was no reason not to believe this looking at LINK's previous performance and it took the full duration of the cycle for all of the bullshit tricks that Sergey and chainlink labs are pulling to come out (price suppression, useless branching of the company to whatever hot buzzword tech they can integrate in to LINK, 1000 useless partnerships with no-name shitcoins or fake partnerships with big firms that werent actually partnered with them, no utility for LINK) to realize that all of the original momentum for LINK was speculative only, based on vague promises of LINK bridging the tradfi world with crypto. And when it came to crunch time, none of it materialized and LINK shat the bed.

>>57618364
this
it was kingmade, muh bigg dogg larp, muh saturn occult worshipping, muh sandro salsano muh this muh that and I fell for the $1k larp like a fucking moron

>>57615307
>chainlink price goes up, your saving account do not
>chainlink staking gives Build rewards, Your savings account do not

cope, seethe and male harder

>>57618389
*mald*

stupid auto correct

>>57618364
you’re stopping like a whole half dozen anons from buying? lol get a life you fucking loser

>>57618389
>>chainlink price goes up, your saving account do not
>>chainlink staking gives Build rewards, Your savings account do not

link is pumping from BTC you absolute retard. Its not from anything sergey or chainlink labs is doing
>>57618420
anon, why are you trying to get anons to buy a shitcoin. Seems your intentions are much worse

>>57618445
>link is pumping from BTC
its the other way around you retard, link moves first then the market

>>57618364
>i obviously didnt know about that in 2019. Nor did most of /biz/.

lmao, you lying retard.
2019 was ALLLL about the Google Cloud "fake partnership".

>>57618463
Thanks for agreeing with my point. Chainlink is increasing from traders not actual adoption, like the team promised seven years ago. You will round trip this shit an i will laugh at you

>>57618488
>Thanks for agreeing with my point. Chainlink is increasing from traders not actual adoption, like the team promised seven years ago. You will round trip this shit an i will laugh at you
wtf is this gibberish you retard please leave

>>57618464
I actually bought just after the google cloud "partnership" at around $4. I did look that up some time back and it seemed like Chainlink was basically making out like google had partnered with them while in reality google cloud had some scheme where like 20 crypto devs were given data from google cloud to integrate in to their project or some shit and wasnt really a partnership at all. It was a nothingburger as time has shown, as google nor google cloud has had nothing to do with LINK since.

>>57618520
>I actually bought just after the google cloud "partnership"
Just in time to see fuddies lose their minds on here

>>57618364
>"I didn't know about any fake partnership fud in 2019"
>>57618520
>proceeds to post fake partnership fud from 2019

Something is very wrong with you.

>>57615242
That chart shows the price of link (you are here) at $40, yet we are at only half of that...
It's over isn't it

>>57618920

i only have pepe and ape.

i may as well only have pepe

1k euro on pepe enough to make it? i wont sell any before a 10x

>>57615687
complete delusion. You'll be lucky to see $35 this cycle. That would require Btc at $120k so prob not happening

>>57615748
>>57616991
>pump

more like a deadcat bounce ...it's at the same price it was 4 years ago while Eth is up 8x and btc 5x from then.


>>57617371
keyword here is *made not make. Not rolling into btc/eth since '20 cost you millions but kudos on the good trade before then. Of course if you sold in '20/21 and rebought recently then ignore this comment but most here have been hodling the whole time

>>57618032
>>57618215

nothing deranged about it. If you haven't realized crypto is illogical by now you aren't paying attention. No emotions in investing, you don't need warm fuzzy feelings about coins you hold, it's all about bucks kid. Early apple investors used to shit all over Steve Jobs, but I bet a lot of them still held
>>57618097
>The only cryptos that have been outperforming
>link has dumped even more in to circulation

I see this comment on biz a lot. You are correct, however those coins typically have more interested buyers for whatever reasons... hype, normie appeal, meme coins, being an L1, whatever. Link doesn't have that so the comparison isn't exactly apples and apples. I can't buy the idea that the dumps are inconsequential to price action.

>>57618129
if you measure from last bull cycle it has been a bad investment. Pre '20 it was an amazing play. And I guess if you bought recently it was good but that doesn't apply to 90% of people here. But every altcoin I bought in the last year is up 3x so it's not like Link is some huge outlier here.

>>57618158
Disagree completely on BTC long term. Bro it's just getting started. Institutions are all going to be allocating trillions. As for Link long term, if the tech actually gets used and the successfully find a way to make the token part of the process, it will be massive. If not, agree it eventually goes to 0.

>>57615739
kek based

please for the love of god leave the chainlink cult, sergey will always dump on you

>>57619543
yeaaaaah dooood let's keep our money in shit that can 4 or 5x in the next bull!!! great thinking!!!!
okay if you're rich in btc or eth but your boomer thinking isn't the point of the board, it's to get rich
https://marketcapof.com/chainlink/ethereum/

>>57619543
what a fucking blog post, take your meds.

BASED LPL CHUDDIE KIDDOS HOW YOU DOING BASED KIDDOS CHUDDIE POOLS CLOSED MISS OUT AWWW SHUCKS!!!

>>57618488
He didnt agree with your point, you loon

>>57620402
So we are in agreement...

>>57615293
Don't bother, dude. These delusional chainlink cultists have been married to their bags for years and will not listen to reason. They deserve to miss out on gains at this point.

>>57617482
Based cyber techno machinations programmer looking out for my financial well-being. I'm going to sell 100k link to finally be free from electrical infetterence

>>57617371
Okay so you think people should buy your 7 year old bags and hope to have any returns? No one disputes it was a good buy before. But it isn't anymore.

>>57618364
Reading this and I wonder if you are actually a literally deranged fudcuck. Gentlemen, we can count this one among the fallen.

>>57615293
It broke $50 last run and hasn't slid out of the top 50 like other things. You're fucking retarded.

>>57615242
chainlink is always and under performs in a bullrun. how do you now understand this after 7 years? BNB saved my ass last bullrun while chainlink barely did anything.

>>57615297
my bank is giving me 4.55 apy, so yeah good luck not getting hacked. hope you have your floaties on baggie

>>57620992
Link has only been through one bullrun. So not much to really go on there. But from the data we actually have on link you're right.
>>57619543
>Disagree completely on BTC long term. Bro it's just getting started
The price action on each cycle has been less and less extreme with BTC. Which is to be expected as it's Mcap grows. It stabilizes as the asset class matures. Even people who are huge BTC bulls like bob loukas understand this. Look at the bottom to top multiples each cycle.

2013 - $20 to $1250 = 62.5x
2017 - $800 to $20k = 25x
2020 - $5k to $69k = 13.8x

Each bullrun is half as strong as the previous. This bullrun will probably give us 6-8x from the local low for BTC. So around $120k peak from the 17k low.
>but bro this bullmarket is special!
thats what they say every bullrun. The market cap is bigger, so it takes more to shift the price. As the asset class scales so does the volume required to shift it. Hence the price stabilizing and each bullrun getting weaker.