/biz/ - Business & Finance

[Anonymous No.18813342]

$3.00 here we come!1

[Anonymous No.18813428]

>>18813342
Same day as Sergey Nazarov Speaking at ReadyLayerOne
Going to the MOON

[Anonymous No.18813456]

I think this will be good for LINK

[Anonymous No.18813483]

>>18813342
literally dumping right now

[Anonymous No.18813691]

>>18813342
You mean $300?

[Anonymous No.18813860]

>>18813428
>ReadyLayerOne
i just checked the agenda and he is literally not on the main stage, he is on a side stage likely near the toilets presenting at the same time as 2 (two) other presentations. Most people won't even see sergey speak unless they need to pee or poop

its over

[Anonymous No.18813875]

>>18813342
who the fuck still trades on Gemini

[Anonymous No.18813943]

>>18813860
holy shit there is actually 4 (four) other presentations at the same time for a total of 5 (five) presentations at simultaneously

Let's just say, its not the vitalik treatment

[Anonymous No.18814026]

>>18813875
me i already cashed out my 9k limit on coinbase, to dodge the taxman

if i want to cash out more link it has to be done on bittrex and gemini

im only going to cash out 9k on each exchange to dodge the taxman.

i havent worked in a year so really hoping they wont catch me.

it was worked well since 2017.

[Anonymous No.18814039]

It's a fucking virtual event you plebs

[Anonymous No.18814080]

>>18813342
BASED WINKLEVOSS
I bet they own a fat stack.

[Demagogue Insidious No.18814127]

>>18813943
I literally am presenting a limited free token issue for first come first serve listeners at another stage, the sixth, which aims to distract attention away from vitalik by investing over $5 million into a small number of first come first serve forum participants. It’s over for vitalik that day.

[Anonymous No.18814336]

What kind of gay shit is "LinkFinland"

I don't understand twitter it feels like people jerking themselves off and trying be important.

[Anonymous No.18815289]

>>18813860
>>18813943
it's over

just market sold all my linkies, i'm a kleros bro now

[Anonymous No.18815304]

>>18813342
Is there a non twin winklevoss that is more based than the two twins?
Just like how there is a non twin Olson sister who is by far the hottest?

[Anonymous No.18815336]

Sell signal, insider anon said bots are turned off so this must be related

[Anonymous No.18815945]

>Fucking Winklevoss is using "Link Marines" in his tweet, what a weird timeline

[Anonymous No.18815980]

>>18815336
>Sell signal, insider anon said bots are turned off so this must be related
So the suppression is over and we’re going to moon?

[42 No.18815994]

>>18813342
Post ends in 42
Hmmm
I knew there was a reason I didn’t go to sleep after my Friday night sex session and came here to shitpost

[Anonymous No.18816014]

>Attention LINK marines
This shit got out of hands

[Anonymous No.18816053]

>>18815336
That was one of the most obvious larp fuds I've ever seen on this fucking board. Kys.

[Anonymous No.18816104]

>>18815945
I told him he should become a link marine and he liked my tweet.

[Anonymous No.18816141]

I left crypto a few years ago and came back recently.
You motherfuckers actually use Gemini now?
The Winklevi will ruin anything they touch...all they care about is institutional adoption and SEC acceptance. That is the end of mooning.
Do you not understand why LINK has so much sitting in a wallet?
It's for price stabilization/dilution to prevent large pumps after mainstream or commercial adoption.
Same with XRP and XLM and really any coin that is premined...it's the only way to get banks onboard.
They'll tell you it's to "fund" operations, and it does, but it's at the cost of increasing circulating supply diluting individual holders selling power.

[Anonymous No.18816160]

>>18816141
It’s pronounced ‘Gemini’

[Anonymous No.18816215]

>>18816141
>all they care about is institutional adoption
That is what will pump link, brainlet.

[Anonymous No.18816282]

>>18816215
>Do you not understand why LINK has so much sitting in a wallet?
It's for price stabilization/dilution to prevent large pumps after mainstream or commercial adoption.

What exactly is to keep them from unleashing their cold storage now against a pump and suppressing the price under the guise of needing operational funding?

[Anonymous No.18816300]

>>18816282
You mean like in June 2019? kek

[Anonymous No.18816327]

>>18814026
Is that true? I thought you just had to keep it below a certain number for one whole fiscal year like the minimum taxable income

[42 No.18816521]

>>18815994

[Anonymous No.18816641]

>>18816300
>after mainstream commercial adoption.
Anything can pump on news, but look how quick that it shot back down.
It doubled and halved in what...2 weeks?
And then volume fell through the floor.

Lumens and Ripple both have done the same in the past.
Dumping a large amount to immediately offset cost would piss off a lot of people though and there would be a mass exodus.
Look at how people react to Jed McCaleb dumping a steady stream. But it keeps the price stable for their partnered payment settlers that use the network.
This is just basic.
If the cost of payment settlement and transactions is dependent on the cost of the token then two things will happen:
1. That token is not adopted until it can prove stable
2. The amount of tokens in circulation will expand and contract to offset wild swings in price.

or

A third option,
The project becomes a testnet to develop a business' in house solution that does not rely on a token, and the devs are paid accordingly.

If the cost to an oracle suddenly is double what it was the day before, it doesn't matter how well it works, that model is not sustainable to businesses that traditionally do contract sales to fix prices.

I'm not denying that Link may still have some pumping left in it for the time being, but it being a moonshot would only hurt their use case at this point. Especially when there are alternatives and the space they occupy is moving quickly.

[Anonymous No.18816670]

>>18816641
There is technology that allows for flat fees in fiat on the front end, with dynamic pricing in crypto on the back end. It's called Chainlink.

[Anonymous No.18816738]

>>18816641
Yeah no shit. Still doesn't mean we don't pull another 100x over the next few years. Sergey threatening to hold his finger over the sell button also discourages outside manipulation through a cooling effect. I'd much rather have our favorite Russian scammer be able to manipulate the project in his own best interests than a Chinese node cartel that corners the market early like with BTC.

[Anonymous No.18816772]

>>18816641
Also the cost of payment settlement isn't dependent on LINK price stability. You can easily include a floating conversion rate that adjusts node operator payments and collateral requirements on the fly.

Your "third option" is retarded btw. Decentralized oracle networks only provide value if they are openly accessible by all counterparties. Or do you still think private chains have a future for enterprise too?

[Anonymous No.18816975]

>>18814039
Thes morons literally never leave the cave they don’t even know that it’s online because they don’t know about covid

[Anonymous No.18818137]

>>18813342
sergay betrayed us all, we were supposed to be all in this together

[Anonymous No.18818220]

>>18814336
This. Chainlink Twitter is worse than plebbit