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/biz/ - Business & Finance


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17534081 No.17534081 [Reply] [Original]

>be me, shill CL to several friends
>Computer Science major doesn't even know what a smart contract is
>Show all the papers (ISDA), explain everything, partnerships, Google, Oracle, etc
>"Yeah seems interesting. Thanks for the tip."
>Forgets about it
>Tell retard friend to buy Chainlink
>Just show him some cool memes and tell him that it is fucking huge
>Friend drops $10,000 dollar on it, basically most of his savings

Does Chainlink really leave the normies and average intelligent people out?

>> No.17534114

yes

>> No.17534150

>>17534081
I think cryptocurrency in general turns away lots of very smart people. They bought the “scam” and “ponzi” FUD early on and will not change their minds.

>> No.17534178

>>17534150
But why? I mean if they really would be smart, they would just make up their own opinion about it and not believe everything which is in the news once we have a new ATH. God, I fucking hate normies.
>"Oooh it is all hot air. Fuck off with that shit."

>> No.17534202

>>17534081
That low of an iq in pic wouldn’t be able to not spend all of their paycheck after 7 days much less save enough money to invest. It’s more like average iq who have some ability to think for themselves

>> No.17534258

Well, everyone here is either a complete retard or high IQ and sometimes both so it’s only natural that NPCs don’t buy in

>> No.17534278
File: 1.34 MB, 998x1314, Screen Shot 2020-02-26 at 6.08.15 am.png [View same] [iqdb] [saucenao] [google]
17534278

Average IQ people think they know it all and are smart so they don't think stuff through much. Low IQ people fall for the "vision" talk and High IQ people can calculate how that "vision" actually makes logical sense. I'm not sure which one I am, but I got 19k linkies so I'm good.

>> No.17534312

>>17534278
>I got 19k linkies
>Low IQ people fall for the "vision" talk
cmon anon, put two and two together, you can do it, I believe in you

>> No.17534318

>>17534150
>>17534178
They are not smart, they think they are.

>> No.17534332

>>17534081
>t. ants

>> No.17534361

>>17534312
I forgot to mention that nolinkers are gay

>> No.17534364

>>17534178
Its risky. Some smart people are still too risk adverse to take a chance early on. And then fomo in when it seems more evident that its worthwhile. but that ends up being the top of a pump, and they get burned and won’t take the chance again.

All smart money is riskier because you dont know how it’s going to play out until it does. The midwit iq meme is kinda true but i think its often more an expression or risk adverse v acceptance

>> No.17534401

>>17534081
Some lowly labourer shilled me chainlink at work, he heard me talk about
Btc.
>kek fuck off labourer.
>see chainlink memes
>buy it
Sometimes you gotta do it for the lulz

>> No.17534449

>>17534364
>Adverse
You are on the left side of OP's pic

>> No.17534462

Mid IQ's are worthless piece of shit. I have 140 IQ and only get along with people of my range and literal retards

>> No.17534495

>>17534462
I went all in on Link at 20 cents

>> No.17534503
File: 418 KB, 1024x576, no one knows.png [View same] [iqdb] [saucenao] [google]
17534503

>>17534081
>Computer Science major doesn't even know what a smart contract is
>>17534081
>Tell retard friend to buy Chainlink
>Friend drops $10,000 dollar on it, basically most of his savings

sounds about right from my experience IRL too
however, that being said there are a handful of working professionals (they are in the minority) that I associate with that were capable of dropping their pretense and learning about something they've never heard of before

>> No.17534541
File: 103 KB, 1114x1300, 1574908721038.jpg [View same] [iqdb] [saucenao] [google]
17534541

>>17534150
>I think cryptocurrency in general turns away lots of very smart people
>smart people
the proper term for them is "middling intellects"

>> No.17534582

>>17534150
If you are in comp sci and you don't get the value proposition of Dlt, smart contracts and solving the Oracle problem you aren't smart , you are just a normalfag

>> No.17534605

>>17534318
sooooo....reddit

>> No.17534641

>>17534605
Pretty much. I have shilled Chainlink to some people I consider smart. They wouldn't even consider it.

>> No.17534658

>>17534081
Yes because to truly take risks outside the box you can be bound by groupthink and herd mentality which normal above average people are. They’re smart but unwilling to leave the confines of consensus because they aren’t smart enough to operate without approval from others

>> No.17534663

You gotta have the right amount of both brain and balls

>> No.17534688

>>17534503
I’m gonna give you an example of how early we are, ORACLE estimates that the internet is worth 19 trillion dollar, let assume god protocol will be widely adapted and remain dominant for several decades.

If CL hits that level of productivity than these tokens could be worth $19,000 each.

Furthermore there are only 123k chainlink holders half the population of the USA and europe is 500M.

Simply put only .01% of that amount has a chainlink token.

We are fucking early, very early. Anons need to sit the fuck down and think of chainlink as a resource instead of quick money.

>> No.17534703
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17534703

>I'm a faggot who ate too many mushrooms and I ruin every thread

>> No.17534728

>>17534449
Lmao and you are directly in the middle

>> No.17534773

I work in a small analytical lab for the medical marijuana industry. Theres like 6 of us analytical chemists, 4 of which i convinced to buy link early January after starting there December. Two are girls in early 20s who bought like $50-100 worth. One guy i showed /biz/ to is one of the few people ive met since ive used imageboards since 2007 that instantly wasn't turned off but instead instantly enamoured with the chaotic autistic pajeet pest this place is. He actually told me the amount of memes focus solely on link partially convinced him because he said that there wouldn't be this much interest for so long if it wasn't legit (got him to speed with plaid bigmacs and breadcrumbs). He actually sold everything off robinhood so the zoomer could have a suicide stack. Last guy is a rare black guy who hates niggers and has his shit together who bought over 1k linkies. One guy who quit sperged out about bitcoin in general and how its not real but thought xrp would make him rich. Also our IT guys have some ETH but never heard of link.

>> No.17534778

Desu you can extend this to success in life in general. The truly successful are either very smart or are willing to take huge risks, or both. You cannot reach this path as a mid wit who only plays by the book. There are exceptions of course, actors and short term celebrities for example.

>> No.17534794
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17534794

>>17534773
Pajeet fest*

>> No.17534814

>>17534778
I think people can’t understand that LINk will literally be a resource for several decades. They think they’re investing in a company, but really it investing in a network.

Anyone who can grasp how this thing will literally transform several industries know it a buy and hold long term.

>> No.17534907
File: 304 KB, 2716x1457, moses.jpg [View same] [iqdb] [saucenao] [google]
17534907

>>17534688
>We are fucking early, very early. Anons need to sit the fuck down and think of chainlink as a resource instead of quick money.
of course
it takes some de-programming of normies to move them away from thinking in terms of fiat and realizing that CL isn't a currency but rather CL is something entirely new

>>17534688
>Furthermore there are only 123k chainlink holders
for now...

>>17534703
>I'm a faggot who ate too many mushrooms and I ruin every thread
then you just might enjoy this interview:
https://youtu.be/ZaYREzYrdNU

>> No.17534932

>>17534150
smart people who don't think critically about money despite the fact that it heavily controls their day to day actions.

>> No.17534973
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17534973

>>17534773
>Last guy is a rare black guy who hates niggers and has his shit together who bought over 1k linkies.
guys i think he's talking about himself in 3rd person to not get spotted

>> No.17534990

>>17534081
chainlink is a coin for midwits
high IQ frens are all in on BSV

>> No.17535060

I'm kind of an idiot but I've been waiting for smart contracts before I even knew what they were called

>> No.17535073

>>17535060
to smarcontract these....

>> No.17535099

>>17534150
>ponzi

but crypto is indeed a ponzi scheme

>> No.17535113

>>17534258
I believe that around 170 or so it just loops around and you go back to retarded.
t. High IQ who can't take care of himself

>> No.17535287

>>17535113
This might be true, my family just calls me lazy. "You're so smart you could do anything!" I'm ready to commit genocide if I'm in a social situation for more than 3 hours. I'd love to be able to fit in and be productive. Maybe idk.

>> No.17535329

>>17534462
Kek. Why is this?! Why do high IQ people tend to find it easy to hang out with retards?

>> No.17535342

>>17534081
Can relate.
>t. poor fag 23k with 50 IQ

>> No.17535381

>>17534258
low IQ checkin in. when steaks

>> No.17535383

>>17534081
Yes. Im a Computere Scientist student working blue collar part time. I study at a very prominent university with many high-society people with high IQs and good educational background.
They mostly bought Nano Coin and Vechain Thor Coin for the Power X Thor Nodes.

My blue collar collegues at the car shop however all went into LINK having 20+k stacks after the market crashed. It pretty funny to be a part of how the new upper class forms.

>> No.17535403

>>17535329
mid IQ recognize patterns slowly and they all repeat the same bullshit to each other in a circle, basically a giant social affirmation group. At least tards are interesting.

>> No.17535409
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17535409

It's dumping the wrong way.

>> No.17535418

>>17534081
you don't need to be the smartest guy in the room to make money, you just gotta be smart enough to be able to tell who the smartest guy is, and do what he does.

>> No.17535424

>>17535287
People sometimes say to me "how could Hitler have killed all those innocent people? What could drive a person to do that?" I tell them to work in a call center for a week.

>> No.17535459
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17535459

>>17534688
I remember when there were 17k holders

>> No.17535535
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17535535

Linkies think of themselves as the financial gigachads yet they can't even manage to lose their virginity

>> No.17535577

>>17535329
Because it's natural. Men must be high IQ or low IQ as nature intended. Midwits are an anomaly and they are insecure piece of shits. They usually are weaker physically than low and high IQ people. And they can't recognize a high IQ because it damages their egos. They even refuse to admit that IQ exists. At least retards admire us and give us some funny bantz. You know who is average IQ? Women

>> No.17535591

>>17535403
Lower IQs would recognise patterns the slowest. Socially, one would think that lower IQ individuals would also tend to be the least predictable because of the smaller population size (more people are clustered around the mean) and therefore the most volatile in terms of behaviour. I don't know about you, but I don't want to be hanging around someone that can be / is a threat to my own safety.

>> No.17535600
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17535600

>>17535459
Same. And pic related, shows Chainlink holders by time held. You can see there are roughly 20k wallets that have held for 12 months or more. “DR;NS” is not a meme: people who bought in 2017/2018 were smart money, the early adopters, who aren’t just looking to make a small profit.... the original 20k wallets from before 2019 are the OG link marines with 10k+ link. It’s no coincidence that there are 20k 12+ month holders and that there were roughly 20k wallets until summer 2019 lol.

>> No.17535666
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17535666

>>17534081
Depends what kind of smart they are. You can be smart and still blind, man. I don't know how else to put it.
t. 20k holder who thinks the Earth isn't spinning

>> No.17535679

>>17535591
I don't know that you contradicted anything I said, my main point being tards are at least entertaining. I don't like socializing and tards don't have boring norms to adhere to.

>> No.17535739

>>17535577
>>>17535329 (You)
>Men must be high IQ or low IQ as nature intended.
What do you mean? I didnt think male IQ was bimodally distributed?

>> No.17535792

Linkie here but the circle jerk here is real you fags

>> No.17535793

>>17535600
>people who bought in 2017/2018 were smart money, the early adopters,
Checked
How are the retards called that bought at $4 and only hold 2,500 LINK

t.sad LINKlet

>> No.17535809

>>17535792
>I'll sell early

>> No.17535815

>>17535793
Still smart money if you hold, were in brackets of smart money right now.

>> No.17535834

>>17535739
Extremely action or thinking oriented. A man in the middle of that distribution isn't extremely good at anything. Just look women distribution IQ to get what I'm saying

>> No.17535842

Based. Brainlet here can confirm

>> No.17535848

I needed 100k link. I failed and will not make it now. I needed 1000 eth and failed. I have failed, my family, and my legacy.

>> No.17535909

actually chainlink is for retards and deluded dunning kruger brainlets that think they are high iq. high iq people understand that the coin is not needed and therefore is useless. if youre looking to make some profit off the pump and dump, go for it, but if you intend so hold long term youre gonna have a bad time

>> No.17535910

>>17534973
Nah im a hohol

>> No.17535941
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17535941

>>17535793
Frankly you’re still early. If you really understand LINK you would understand that $4 is nothing. Check out this chart.
>INNOVATORS: 0-25k wallets
>bought when it was new
2017: innovators
2018: innovators
early 2019: innovators
—-SURPASSED 25,000 WALLETS—-
>EARLY ADOPTERS: 25- 100k wallets
>bought when they perceived a benefit (they saw $$$ as price went up and LINK climbs to the top 20)
late 2019: early adopters
early 2020: early adopters
>future late 2020 and beyond, who knows...?
I predict Reddit buys in late majority, early 2021 kek.

If you only bought because you saw the price go up, you won’t make it. You will sell.
If you bought because you saw the value in a decentralised oracle system that will power the 4th industrial revolution, you will make it. You will hold.

>> No.17535957

>>17535909
It’s funny how people who throw around Dunning Kruger tend to be perfect examples of that concept Kek

>> No.17535984

>>17534932
Yep. I see so many “smart” “career-driven” people who are absolute mongs when it comes to finance. Yeah my job is fine but I’d rather just skip to the part where I’m retired and wealthy, I could leave the rest literally at any point.

>> No.17536066

>>17535909
THIS

>> No.17536172

>>17534081
>Uncanny valley of crypto investment

Anon, if you wrote a paper about it you might be up for a pulitzer some day.

>> No.17536242

>>17535591
>threat to safety
Highest propensity for violent criminality is around 85IQ. People lower than 85 are actually less likely to be a problem.

>> No.17536296

>>17535957
useless shitcoin will never be used. give one one advantage of using chainlink rather than btc or even a stablecoin. pro tip: you cant

>> No.17536303
File: 11 KB, 650x315, sex differences iq.png [View same] [iqdb] [saucenao] [google]
17536303

>>17535739

>> No.17536317

im so fucking stupid the only reason i bought link was becasue i wanted smart conracts to be able to see who comes in and out of my home i realized evey company in the future would have its own blockchain just like now most have its own website. and link would power everything.

thats all i know, dont ask me shit about mixicles or anything.

i only bought 10k links for about $2,000 thanks to all the faggots that saif that was the goal

i havent bought any more in a couple years.

>> No.17536337

>>17534150
This. If you try to talk to anyone about the tech theyve already been inundated with people telling them its a scam and they arent interested enough to look into it themselves.

>> No.17536367

High IQ anon here.

I'd like to point out that the only thing Chainlink lets you do is query the ETH price through it's oracle mechanism. As someone who builds a lot of things, I can tell you that there is very little potential. I am personally not interested in incorporating Chainlink into my business.

Chainlink appears to be a something that individuals on the low scale are attracted to. Stay shitcoiners my fellow bizbros.

>> No.17536397

>>17536367
>still trying to fud in 2020 @ $4.xx on the bottom of a 75 post thread.

>> No.17536434

>>17534150
Doesn't sound smart at all. At first I laughed at link threads for months until I started reading about it for weeks and when I saw it dip to 0.2 I bought a stack of it. Smart people can change their opinions due to proof.

>> No.17536444

>>17534081
I've been telling people that LINK is like a lottery ticket that was printed by a company that wants you to win when you buy it.
They're still buying lottery tickets.

>> No.17536482

>>17536444
Blessed, based and checked

>> No.17536554

>>17535679
I agree with you. Average people have adapted their behavior to fit the mold society expects from them. It gives them decent results, so it makes sense. It also makes them dull, since they're extremely predictable.

Retards operate on instinct, which makes for more interesting company. You don't want to piss them off, but usually there's no reason either. High IQ people can easily get away with not fitting into the mold, which makes the interesting as well.

If you know someone who's "smart" but also very fixed on the expectations set on them, they're likely not really that smart.

>> No.17536760
File: 2.70 MB, 1769x1177, 5BC4109D-404B-4FE4-ACE4-833F6447CD7D.png [View same] [iqdb] [saucenao] [google]
17536760

There’s also the small percentage that bought in because of the meme magic, digits and synchronicities surrounding Link. Now before Dunning Kruegerans shout “huuuur they are low IQ magic isn’t real!” Ask yourself why does the worlds elite seem to all be involved in occult/esoteric ideologies and secret societies then? Why was a guy like Rasputin or Crowley able to commingle with the rulers of the planet and get inside their heads and pull strings? Your IQ doesn’t mean all that much if you’re still just a wage cuck writing code so Mr.Noseburg can swindle goyim more efficiently, there comes a point where you have to be humble and take the Socrates approach and think along the lines of “the more I know the less I know”. Science is proven wrong every hundred or so years when new advancements are made, there’s few absolutes.

>> No.17536813

>>17534081
based retard friend. be glad that you have a friend like that.

>> No.17536827

>>17536296
>give one one advantage of using chainlink rather than btc or even a stablecoin
Here’s one: TransferAndCall
Don’t expect you to know what that means though, since you’re sub 70 IQ and need to go back.

>> No.17536847

>>17534605
And /biz/ lmao

>> No.17536858

>>17534081
What price did he buy in at? You’ve either done him a huge favour or you’ve really fucked him over lmao

>> No.17536902
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17536902

>>17534688
Make that 123,001 chain link owners

>> No.17536996

>>17534081
I see myself as a lucky normie. I ignored the memes as I browsed most of the time, but due to the sheer amount of linkposting on this board I looked at a few from time to time. Didn't think much of link as I was chasing shitcoins that I didn't understand but just thought "muh blockchain is future." Eventually in one of the vids someone linked a video of Sergey giving a presentation and it all made sense. As a brainlet I couldn't really understand all of what he was saying but I understood enough. The presentation made it clear what blockchain could actually do and exactly how smart contracts were the future. Slowly consolidated my shitcoins into link until I was all in by the start of 2019. I tried showing the presentation to others I knew who were enthusiastic about blockchain but nobody has bit.

>> No.17537031

>>17536827
stablecoins are erc20 coins and have transferandcall. give me one reason why people should use a unpredictable hypervolitale shitcoin instead of a stablecoin to use as collateral for contract.
PRO TIP: YOU CANT

>> No.17537070
File: 267 KB, 800x720, unchained.jpg [View same] [iqdb] [saucenao] [google]
17537070

>>17537031
let me guess. xrp bag holder.....

>> No.17537084

>>17537031
>stablecoins are erc20 coins and have transferandcall
Incorrect
The token used for collateral needs to be able to rise in value to meet demand. Otherwise there would not be enough collateral to meet demand for a growing system. The actual fluctuations will not matter since users will pay in their native currency and atomic swaps will occur in the background.

Not sure why I’m spoonfeeding you since we covered this like two years ago...
I apologise for spoonfeeding the newfag

>> No.17537211

>>17536996
>I tried showing the presentation to others I knew who were enthusiastic about blockchain but nobody has bit.
That's the main thing right there fren. I'm sure most of us are similar to you. Smart enough to see the big picture and distinguish between the revolutionary and the bullshit whether you can program a smart contract or not. I'm sure you could teach yourself to do it as soon as you decide you want to.

>> No.17537282

>>17537084
>stablecoins are erc20 coins and have transferandcall
>Incorrect
its actually correct though, shilltard
>The token used for collateral needs to be able to rise in value to meet demand. Otherwise there would not be enough collateral to meet demand for a growing system.
no it doesnt retard, stablecoins supply isnt fixed. thanks for saying the same thing in 2 different sentences like an absolute braindead retard though, it really improved your argument.
>The actual fluctuations will not matter since users will pay in their native currency and atomic swaps will occur in the background.
flunctuations dont matter in a long term contract? so the link shitcoin can go -90% or +100% while its locked in a contract and its all gucci?

fucking absolute braindead retard actually admits people will pay in their native currency and then swap to link using stomic swap and cant explain me WHY. WHY WOULD IT DO THAT. TELL ME ONE SOLID REASON IM FAVOR OF THE USE OF THE LINK TOKEN. THERE IS FUCKING NONE YOU RETARD THE ONLY REASON THIS SHIT ISNT TRADING AT 5 CENTS IS BECAUSE THE FAT SCAMMER HOLDS 650 MILLION OF THEM AND WANTS TO KEEP MAKING BANK OFF IT. ONCE HES DONE DUMPING I CAN GUARANTEE TO YOU THAT IT WILL BECOME VERY CLEAR HOW FUCKING USELESS SHIT SHITCOIN IS

>> No.17537291
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17537291

Anyone got chainlink cube map image?

>> No.17537302

>>17537282
Thank you for the great FUD friend.

>> No.17537307

>>17535060
trades in wow are multi sig smart contracts

>> No.17537319
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17537319

>>17537282
He sold

>> No.17537350

Just put my life savings ($2000) into Link. Can't wait to rise out of poverty.

>> No.17537354

It better keep pumping, don't wanna get liq'd

>> No.17537370

>>17537350
Well done bro! Will be a long hold though

>> No.17537720

>>17534688
kek $19K the absolute delusion... you insufferable faggots will be lucky to hit $10

>> No.17537913

>>17534688
But what am I supposed to do in the meantime? I'm too autistic to work a call center for more than a month.

>> No.17538442
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17538442

>>17534503
>however, that being said there are a handful of working professionals (they are in the minority) that I associate with that were capable of dropping their pretense and learning about something they've never heard of before
it's amazing how far up their own asses people can be
especially people with middling achievements
they cling on to their bestowed titles and abbreviations like a lifeline in a storm
like good domesticated animals, they sing and dance the tune of their masters and the money printers so they can continue to be fed

>> No.17539417

>>17535984
“Smart people” honestly believe hard work itself will get you rich. Both my dad and my sister have doctoral degree and they unironically believe in DUDE JUST WAGESLAVE FOR 50 YEARS meme

>> No.17539436

>>17537720
Being a nolinker, yikes!

>> No.17539536

>>17539417
I have no idea how my Dad believes this shit. Oh but also you're lazy if you can't will away a severe social disability. And also you're lazy if you don't want to compete against a gorillion immigrants. And also you're lazy if you decide to work a good enough job to get by.
But you know, just work hard and it's all in the bag.

>> No.17539727

>>17534081
>retard friend
>doesn't include himself in the retard category.
Anon you're clearly not high IQ if you couldn't convince anyone but another moron to invest in this.

>> No.17539756

>>17536996
Got l-link? (To the video)

>> No.17539817

>>17534258
Can confirm, I’m a PhD Candidate in molecular biology, however autistic as fuck. Originally I was skeptical about LINK but the memes were fire so I started investing in it.

>> No.17539841

>>17536554
Thinkers and doers, man. They get along, they work together and they both know what the other is weak at and cover for each other.
On the other hand you get midwits who are too bitter about being forced to be a doer to respect their better thinkers but think they're too good to be a better doer.

>> No.17539897

>>17539841
I think i will officially have no friends after chainlink moons. My friend thinks i’m a retard for investing in it. I showed them my gains and they still don’t believe it. I think once it moons they’ll be the first to disconnect because i literally handed them financial independence on a silver platter and they didn’t take it.

>> No.17539946

>>17535941
Hey I knew about it since late 2018 and believed in it, I'm just lazy and poor so I could only get 2500

>> No.17539963

>>17535535
I feel pity for anyone who uses the "have sex" argument. Dont worry I will grant you 1/9000 of a link as a christmas bonus in five years.

>> No.17539970

>>17536303
>no source
nice

>> No.17539979

>>17534114
.

>> No.17541066

>>17537282
Nice FUD

>> No.17541154

>>17534773
Don't dox yourself fool

>> No.17541185

>>17536760
based

>> No.17541374

>>17535739
it's not bimodal, but theyres more variation in male intelligence than female. Most females are about the same but with males there are more retards and more high iQ autists.
horseshoe theory is real, they both meet, the retard becoming an honorary high iQ, and the true retard is the midwit

>> No.17541380

/biz/ used to have a lot more helpful and intelligent advice before the 2017 bullrun when redditors came here in droves

>> No.17541447

>>17541380
I think the FUD campaign worked so well that not even reddit wants to touch the coin lmfao. I try to convince my friends but when I mentioned 4chan they just get put off by it thinking it a scam.

Despite 4chan predicting events all the time.

>eth mooning
>trump

People really are NPCs.

>> No.17541592

>>17539897
That’s why you should never give out financial advice to anyone. Only give them advice when they seek it
>>17541447
4chan is always right

>> No.17541625

>>17535424
>People sometimes say to me "how could Hitler have killed all those innocent people? What could drive a person to do that?" I tell them to work in a call center for a week.
I tell them to read the Talmud and Weimar history.

>> No.17541781

>>17535424
I was mid 20’s while visiting Cambodia, and heard a story from a friend. For $1k usd you could go to a warehouse and kill someone, a child would be blindfolded and put into a seat. You’ll get a rifle and one round. If you don’t kill that child with that one shot, they’ll kill the child because “they’re humane”. Fucked me up for a while upon hearing this story. A couple of days in Cambodia constantly being harassed by the children made me realize why polpot did what he did.

>> No.17542296

>>17534081
nice thumbnail bro

>> No.17542412

>>17534081
Genius here.

Most smart people won't invest for two reasons:
1. Smart people usually (but not always) have high paying jobs or financial security
2. Crypto due to it's incredible returns, little "real-world" adoption (at this time) and huge media cycles (from best investment ever to ponzi FUD) doens''t seem like a "smart" investment.

This is why most smart people won't invest until it's late. I suspect once BTC breaks previous ATH we will see the kind of FOMO we haven't seen in ages since the ponzi FUD will be destroyed in most people's minds (most of them have simply resigned themselves to missing the pump and now BTC going down to zero like the ponzi it is, so that reality will be shattered when we see new ATH by late 2020, early 2021).

This means that investors into crypto are 50% retards, 40% people who are into tech and other associated political ideologies like anarchists or want to see a digital economy where they aren't fucked by big banks etc., and 10% geniuses. With an alt like Chainlink this is especially the case, BTC might still have some normie leftovers.

Now, I will tell you my personal story and why I invested into Chainlink. First off, I don't care about tech, I don't care about anything political and I don't care about Chainlink. I got into this because I was looking at an opportunity to make a great return on some money I have saved. Initially I was turned off from crypto because it seemed like a ponzi scam, that was my first impression, that I was already too late for it and I will just be holding bags. With more research, yes I saw there was some tech upside, a real community blahblabh none of that really interested me. I still would not invest into Chainlink or BTC for the tech or a store of value in the BTC case, but now that I am invested I am of course excited about tech develpoments because it's going to pump the value further than pure speculation. I also invested into LINK for this reason vs BTC, higher upside. cont.

>> No.17542481

>>17542412
Yep it never about the tech chainlink will first benefit businesses, then normies. We are so fucking early i am damn near excited thinking about it.

>> No.17542490

>>17542412
>Genius here
>105er cope wall of text

>> No.17542491

>>17542412

>2. Crypto due to it's incredible returns, little "real-world" adoption (at this time) and huge media cycles (from best investment ever to ponzi FUD) doens''t seem like a "smart" investment.

In a great twist of irony, being the smart money involves feeling really stupid all the time, and being the dumb money involves feeling really smart all the time.

>> No.17542505

>>17542412
cont. So the reason why I am in LINK is because I believe it has the highest pump potential in the coming 2021-2023 bullrun.

But that's beside the point, the reason why I invested into crypto in the first place is because of a philosophical reason. Crypto is the only outlet for a intergenerational transfer of wealth. I do not believe that the boomers are going to be filthy rich and the people behind them will be left with nothing because that either leads to war or a financial breakthrough. If it's war fuck it, not like my money will matter, however if it's a financial breakthrough then it's clearly crypto. And I believe this is the case, the crypto digital economy will usher in a new social strata of young millionaires and a few billionaires much like the Sillicon Valley and the Internet. So I why crypto as a space for the transaction of generational wealth. BTC log growth curve serves as a rough guideline for time and prices for me but the reason why I think it's actually going to follow that chart is intergenerational transfer of wealth. There is simply no other opportunity for mass-scale social mobility in the world today, and so I believe we are either going to have a war soon or something revolutionaire like crypto must take off and digitalize and decentralize the economy.

>> No.17542519

>>17534081
>Computer Science major doesn't even know what a smart contract is
because it's the least relevant shit in whole IT

>> No.17542521

>>17534081
This is true of crypto in general

>> No.17542585

>>17542505
Nope you’re right the boomers sucked up everything crypto is going to be recorded as the one of the biggest case of wealth transfer.

>> No.17542664
File: 505 KB, 680x649, ks090eax.png [View same] [iqdb] [saucenao] [google]
17542664

>>17537282

>> No.17542821

>muh oracles, muh smart contracts
some of you act like sergey just solved an np complete problem or invented shoes or what

>> No.17542840

>>17542519
He could have read about it by himsef though

>> No.17542870

>>17534081

IQ is a meme.

>> No.17542880

>>17537720
$19k is actually fud

price will be around 7m eventually

>> No.17542905

>>17542840
It's not really discussed anywhere outside of crypto community though.

>> No.17542926

>>17535941
Adoption and price are not correlated

>> No.17543018

>>17542926
Are you FUDing or actually dont know anything about LINK?

fucking brainlets

>> No.17543111

>>17539963
You're seething because you know i'm right, faggot

>> No.17543143

Chainlink and OGN is the way to go, financial freedom is close to you with this portfolio

>> No.17543272

>>17539756
https://youtu.be/kW27zYIxZhY
This was the one.

His most recent speech below is a better explanation still, but the above was what made me realise all the shitcoins I was invested in were just token schemes and not really doing anything worthwhile with blockchain at all.
https://youtu.be/0XpOItWbNrw

>> No.17543330

>>17534361
Then they'd be at home here with linkies

>> No.17543478

>>17534150
>cryptocurrency in general turns away lots of very smart people.

What exactly is Crypto producing? Where is it's value? If you can't convince me in 10s, then you'll never convince the lower ranks and Crypto will remain a bubble of nothing.

No normal person uses it and neither banks or governments will endorse it.

>> No.17543883
File: 544 KB, 1000x1000, 1542134697551.jpg [View same] [iqdb] [saucenao] [google]
17543883

>> No.17544038

>>17543478
You need to go back

>> No.17544051

>>17542926
Pre-staking, to an extent that would be correct.
Once staking comes into play, price will be directly proportional to adoption.

>> No.17544319

>>17534081
>>Friend drops $10,000 dollar on it, basically most of his savings
I dropped 2500$ and that was most of my money

>> No.17544335

>>17534150
>They bought the “scam” and “ponzi” FUD early on and will not change their minds.
So did i and im a retard who decided to buy 5 -8years after learning about Crypto

>> No.17544356

>>17534773
>He actually told me the amount of memes focus solely on link partially convinced him because he said that there wouldn't be this much interest for so long if it wasn't legit
is he me?

>> No.17544368

>>17534907
I liked your interview anon. Did that Media whore cut out the good stuff?

>> No.17545349

>>17534081
I’ve tried countless times with my best friend to get in on this while it’s relatively cheap.

I’ve literally spoon fed him all the concepts of chainlink like smart contracts etc and STILL he doesn’t get it.

Normies are literally hopeless.

>> No.17545406

>>17534081
I got my friends retarded coworker to buy in last year, he'd get really moody during small swings and eventually panic sold everything at ~2.90

>> No.17545428

>>17545349
How are you gonna deal with him when you show up in a Lambo?
>>17545406
prob gonna be that guy in 40 years that gonna be like "If only I had keep investing in google/apple/amazon" or whatever equivalent.

>> No.17545555

I told an auditor friend to look into it, and that they may be part of his job in five years
he's the kind who really keeps his job at his workplace, so I may have killed any chances of him reading up before it's on his desk.

>> No.17545810

>>17534973
>17534278
Lmfao... nigger alert...nigger alert

>> No.17545873

guys
no one is biting our thread
should we go back to work
whos in charge of the dinner doublestacks tonight?

>> No.17546892

linkies are for retards only
I can vouch that no actual "smart people" will buy chainlink unironically
no smart contract, no usage, LINK is a mid-sized ponzi scheme overblown by neets on 4chan as the next big thing
DO NOT DO NOT BUY LINK I AM WARNING YOU MIDWITS DO NOT DO NOT EVER BUY LINK