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/biz/ - Business & Finance


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19897715 No.19897715 [Reply] [Original]

IS THAT SERIOUSLY IT WE DIDNT EVEN GET TO $5 WHHYYY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.19897732

>>19897715
No one gives a shit about BSN
The only volume increase in price we experienced were link marines in the know already who fomoed in after swinging

It’s going to go back to 4.6 at least by eod tomorrow to test liquidity

Learn to read meme lines
Sometimes they are bullshit
Sometimes they aren’t

>> No.19897747

>cant even reach 5 dollars after 3 fucking years

Cringe

>> No.19897761

HOOOOOLLLLDDD THE LIIIIINEE MARIIIIIIIIIIIIINESSSSSSSS

>> No.19897795

>>19897715
Just the begining

>> No.19897796

>>19897715
i told you faggots its because people want to use it as a alternative to currencies like you would expect from crypto. canada got screwed using bitcoin in some locations. when it fell companies lots millions of dollars and walked away

you dont want a currency to have wild fluctuations. anything of value will have fluctuations in a given year relative to its total value per unit by default. so if it was worth 100 dollars and faces fluctuations like are seen in any currency it would kill companies that tried to use it.

amazon and kmart have shown a interest in link. walk away you idiots. your just supposed to beat inflation with it not become a millionare

>> No.19897854

>>19897715
Because bitcoin stopped going up

>> No.19898041
File: 2.52 MB, 1512x1584, 1558398796320.gif [View same] [iqdb] [saucenao] [google]
19898041

>>19897715
>integrates with oracle and china's official blockchain
>confirmed to have built oracles for swifts GPI which handled 77trillion last year
>has been mentioned by google twice and is still the pinned tweet for them despite the BSN and oracle being objectively a bigger deal
>almost done developing a plugin for microsoft office to allow word/excel/access data directly into smartcontracts
>daily partnership announcements
>research found a guy named sergey posting on a russian travel site from the same IP that satoshi used
>still lower marketcap than unironical scams like BSV and crypto.com coin.
>still lower than XRP, BCH, LTC, EOS, and BNB which are completely useless
it really is a clown market

>> No.19898316

>>19897715
And I got unibomb and I think It is a scam!

>> No.19898598

>>19897715
Now that the soulless insectoid chinks failed us, what's the next chainlink happening coming up?

>> No.19898621

>>19898598
give 1month to travel down the anti hill

>> No.19898659

>>19897796
This is a point I think about as a brainlet a lot. If adoption really happens at some point a coin has to stay stable otherwise no business would ever, EVER use it. So if this really is it for Link there isn't much room to grow. Hell maybe that's part of the reason Sergey dumps, to keep the price relatively safe. Enjoy your success linkies, guess it was about the technology after all lol, I'm gonna go speculate in tellor instead

>> No.19898739

>>19898659
Link isn’t a coin you buy coffee with. Everything link can be used for will be denominated in dollars or whatever

>> No.19898758

>>19897796
>>19898659
>He doesn't know.
This has already been solved. Since I am merciful I will give you a hint. Check the winners on one of the hackathon blogposts.
You still probably wont get it though. Don't worry, not everyone is meant to make it.

>> No.19898779
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19898779

we told you, impenetrable barrier at $5

>> No.19899737

>Receiving the Most Innovative Award is Total Return Swap, a five-member team from Secure Data Links, an official node operator in the Chainlink ecosystem. While the staking feature is not finalized nor live on mainnet at the moment, Total Return Swap is a Dapp design that allows Chainlink node operators to hedge the price volatility of the LINK token while it’s staked as collateral during node services. Nodes that want to reduce their exposure to price movements can sell that risk to a counterparty as a synthetic asset tied to the value of the LINK token. Nodes collect interest on the synthetic token loan, while the counterparty obtains leveraged synthetic exposure to LINK.

>> No.19899860

>>19898659
anon, companies don’t hold link unless they themselves are in the business of offering oracle services, they aren’t exposed to any volatility. Only node operators are, and for them it doesn’t matter

>> No.19899873

thank god i got out at 4.95

>> No.19900709

>>19898659
the sad thing is, this drooling smoothbrain is actually much smarter than your average normie who doesn't even know what a market cap or circulating supply is. You unironically gotta have a real big brain to understand link and figure out why basic fud like this doesn't actually make sense. That or be an incredibly based retard who doesn't even read the whitepaper but still has faith in sergey. The good thing is that smart money is FINALLY starting to begin to understand link.

>> No.19900804

>>19898659
A high token value is actually a security feature, I forgot what they called it during one of the speech’s a while back

>> No.19901772

>>19899873
capped. ty for the laughs tomorrow.

>> No.19901776

>>19897715
short it every time it goes to 5 dollars

>> No.19901825

>>19897796
>>19898659
I’m convinced this is just elaborately constructed fud. I can smell your bullshit. Fuck off, we mooning now

>> No.19902280

>>19898758

Yeah that hackathon was pretty much the silver bullet for the volatility due.

>> No.19902323

>>19902280
But the people who "solved" it were Ausfags so it's actually worth nothing.

>> No.19902615

>>19897796
Get a load of this guy. Lol

>> No.19902906

>>19899737

Thats really neat. This shit will change finance forever, and Link makes it possibke.

>> No.19902920

>>19898041
Announcement after announcement sure, but who is making money off from implementing LINK in their business at the current year? Who is legit profiting off this tech and not planning to do so? Once a confirmed, successful use-case on a large scale is confirmed, I feel like only then will the needle move. Announcements are good but they are not results.

>> No.19902928
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19902928

>>19897715
is it over for us?

>> No.19903132

>>19902920
Have you heard of this thing called DeFi because that is how everyone is getting rich right now

>> No.19903147

>>19897732
>Make a decision by flipping a coin
>Sometimes it a correct one
>Sometimes it isn't

>> No.19903181

>>19898659
jesus christ, it's 2020 and we still get posts like this

>> No.19903262

>>19898659

Derivatives can lock in any minimum or maximum value you desire for an asset. It is iterally that simple. This is what everyone uses for other volatile assets, e.g. commodities.

>> No.19903972

check out the chart for WKHS, a stock that moved from $2.50 to $7 in under a month. that's what a real company with real products looks like. chainlink reminds me of all the "dions, bro" shit from I/Ocoin.

>> No.19904446

>>19903972
Good example

>> No.19905110

>>19897796
You had 3 years to understand it