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20156648 No.20156648 [Reply] [Original]

Why are they allowing a new elite class to form through crypto? BTC/ETH mooned in the past creating new millionaires/hundred-thousandaires overnight, Link mooning today has created the same, and XSN will do the similar things in the near future.

Are the banking elites really okay with creating a new elite class of wagecuck anons turned rich NEETs? Think about how many people only know about Bitcoin, let alone other coins. They're too worried about their amazon deliveries to care right now. WE'RE EARLY AS FUCK. In a few years the stock market will be trading via blockchains which will make everyone invested in nonshit coins rich right now.

Are they gonna pull the rug out from under us though, or are we really going to make it anons?

>> No.20156690
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20156690

>>20156648
We already made it.

>> No.20156707

>>20156648
Who the fuck is a millionaire now from Link?
It's only $5.

>> No.20156720

>>20156690
Sans alien invasion, we're about to enter the longest bull run crypto has ever seen

>> No.20156735

>>20156707
ICO holders.

>> No.20156742

>>20156707
multiple anons are millionaires now from link. if they bought at ICO price then it was $.14 and they bought 10k-100k coins and have been adding ever since. pretty easy to do even if you sold a percentage for profit along the way

>> No.20156750

>>20156707
New fag. People who bought at .17 during ICO are.

>> No.20156768

>>20156648
imagine being able to invest in the literal stockmarket

>> No.20156781

honestly i think they're too dumb and lazy to notice. even klaus schwab probably doesn't think us linkers are in on the shit he was shilling. the globalists are cocky as fuck. they wont notice we're rich until its already too late.

then we'll have enough money that they cant ignore us when we invest in other 4th industrial revolution tech in the coming decades.

>> No.20156819

Look at all the smooth brain boomers that got rich off real estate and stocks. There is every chance crypto is our vehicle for this. My only concern is the off ramp back to fiat to purchase large assets.

>> No.20156821

>>20156781
This. Don't underestimate just how dumb boomers are when it comes to tech, even the most elite ones.

>> No.20156827

>>20156707
Me.

>> No.20156849

>>20156648
The elites actually want a white insurrection but whites are too stubborn so they keep pushing as far as they can and whites continue to do nothing. Its like a girl shit testing her boyfriend and he just keeps failing until she's fucking a nigger in front of him.

>> No.20156850

>>20156781
they have to know. i'm sure a few big banks have bought a ton of crypto themselves and are preparing for the future. like stocking up for a pandemic, they are stocking up on crypto once the current financial bubble bursts and we go digital/cash-less.

yeah we might be losing our freedoms here and there but fuck it, at least we'll be on the rich side thus actually have a little more freedom than if we were still wagecucks ten years down the road

>> No.20156884

>>20156819
same. not knowing how to offload profit is the biggest issue for many people. they want to pay taxes but the lowest amount they legally have to...bezos style

>> No.20156927

>>20156819
Just sell on coinbase and pay the capital gains taxes. If making large deposits, call your bank ahead of time to let them know you will be making huge deposits and have the necessary tax paperwork information on hand as well.

>> No.20156954

>>20156927
Is there a coin that's the best to cash out with or does it not matter? Like would cashing out in USDC be better than Link?

>> No.20156999

>>20156849
Some of the elites are accelerationists.

>> No.20157038
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20157038

>>20156648
>a new elite class
Only about a million people in the world have enough money in BTC and alts to make any serious amount of money. In a world of 7 billion people, that's literally nothing. It will make you and a bunch of other people rich, but it won't change the social order of things.

>> No.20157082

kek imagine beliveing any normie will make more from a lifetime of watching crypto than one whale dipping his toes in the water for a year, we are not the ones making big boi bucks

>> No.20157093

>>20156999
Checked

And why wouldn't they be? Money is most easily 'found' during times of chaos.

Napoleonic Wars are a good example

>> No.20157113

>>20157082
Most of us are young. You have to get that initial capital somewhere. If I was a millionaire I probably wouldn't even be fucking with crypto.

>> No.20157146

It's a fair trade off for them
>>20156954
Cashing out in USDC is good for collecting cash, cashing out in link is good for the next year haul. This baby's mooning this year

>> No.20157151

>>20156850
They probably do know. But like that other anon said, I don’t think they care because for them it’s still a chump change, until it isn’t.

>> No.20157167

>>20157038
I can see that because even if you have just one BTC and only BTC, you aren't going to make it unless BTC gets to $1M per coin. but if they have that broken out into Link early on or XSN right now then they're in very good shape. but like you said very few people relatively speaking have the money to invest. most americans could but consumerism is winning just as planned. good thing we're woke anons

>> No.20157174

>>20157038
>It will make you and a bunch of other people rich, but it won't change the social order of things.
You don’t know that. Data is going to become the most valuable resource and most linkies will probably never sell

>> No.20157223
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20157223

The narrative is more difficult to control than you realize. The things behind the curtain deal primarily with symbolism and existing symbolism has been discovered so they must replace it and begin again.
The old world and bonds of trust which symbolism imbues is dying. Those who realize are pouring their money into new symbols which is why LINK pumps unexpectedly.
It retraces because those that hodl may not believe like a die-hard cultist does.

>> No.20157228

>>20156927
what are the capital gains taxes in the US

>> No.20157250

>>20156648
Anon, Chainlink’s marketcap is $5B. That isn’t shit. No one cares if a few neets can retire early.

>> No.20157286

>>20157250
basically this. The number of people who get rich off early crypto adoption is peanuts. It's slippage. It's something the jews are willing to allow.

>> No.20157294

>>20157228
I don't know I bought citizenship in Thailand.

>> No.20157329

>>20156648
The jews are not nearly as clever as they think they are.

>> No.20157433

>>20157223
anyone have that reddit post about link being a confirmed scam?

>> No.20157453

>https://www.youtube.com/watch?v=ZC1Pdsppch4

the theme of this pump

>> No.20157456

>>20157329
i smell a jew

>> No.20157468

Because the majority of LINKholders will either sell early or were too poor from the getgo and thus made nothing.

>> No.20157514

>>20156648
old elites fucked up post christianity, they all furned into sex crazed pedophiles, most are offing themselves or getting arrested then offing themselves. hard reset incoming.

>> No.20157621

>>20156707
The anons who went in deep at 20 cents

>> No.20157643
File: 2.57 MB, 360x360, 1588127007528.gif [View same] [iqdb] [saucenao] [google]
20157643

>>20156707
me if i bought in ICO instead of at 65 cents

>> No.20157652

>>20157286
well that makes me feel really fucking good to be one of the chosen ones. think anyone invested right now will come out on top if they don't invest with a scamcoin and put at least $10k in

>> No.20157713

>>20157468
yeah you had to have at least $5k worth of link if you bought around ICO price, which would have respectable wagecuck net worth of over 150k today. that's not including adding more along the way. 100k link at the time and you'd be a millionaire right now. crazy. XSN is in the same position for those who want the next Link-type fasttrack moon

>> No.20157758
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20157758

>>20157514

>> No.20157792

>>20156735
>>20156750
I was a poorfag student when I bought ICO, so I haven't hit the millionaire number yet, but I am definitely very comfortable.

>> No.20157915

>>20157713
>>20157167
>>20156648
You're not subtle at all about your shitcoin, Rajminkar.

>> No.20158081

>>20156850
>yeah we might be losing our freedoms here and there but fuck it, at least we'll be on the rich side thus actually have a little more freedom than if we were still wagecucks ten years down the road

Fuck you, that’s the most cucked logic possible. Why would you want to willingly give up your freedoms and privacy?

>> No.20158099

>>20156707
With bonus tokens, the effective price for the presale was 9 cents.

>> No.20158106

>>20156648
4channers will be very easy to discredit

Better not act up, Goy!

>> No.20158128

>>20158081
blockchain all public transactions on the ledger

iykyk

>> No.20158130

>>20156884
>>20156927
The capital gains taxes are hideously high though. Surely it makes more sense to liquidate overseas and minimize tax payable. I read that New Zealand has no cgt.

>> No.20158187

>>20158081
unless there is a political revolution it's going to happen. i highly doubt americans will rise up since we're too lazy now, so next best thing is investing in crypto so at least you'll be rich during this time

>> No.20158192

>>20158081
Yeah. If theres ever a use for a lot of money, its subverting mainstream culture and institutions for a mix of justice and comedy

>> No.20158206

>>20158130
>capital gains taxes are hideously high though
long term capital gains is max 20%...a small price to pay to have the IRS off your back.

>> No.20158303

>>20158206
Depends on how you cash out too.
If you cash out <$450k in one tax year, you can get cap gains down to brackets maxing at 15%

>> No.20158548

>>20158206
this. rather not go through all the offshore hassle. i'll pay my taxes with tears. just hoping I make it with Link and XSN

>> No.20158638

>>20158548
XSN does make it extremely easy to position yourself and turn your crypto liquid

>> No.20158660

XSN at 5B Marketcap means it’s a $50 coin. I’d be fucking jizzing my pants at just 5 bucks.

Sell your link for xsn. Way more upside at this point.

>> No.20158717

>>20158660

Lol I just did this with link gains. Unfortunately XSN did not retest 2000 sats.

>> No.20158720

>>20156707
Halfway there buddy

>> No.20158742

>>20156707
considering normies think 1-2% a year is a good investment, many people have made 200-300% in the past year alone

>> No.20158751

>>20158720

Hello brother , become a stakie.

>> No.20158767

>>20156707
Absolutely based and truthpilled

>>20156735
>>20156750
>>20157621
>>20158099
Retards. ICO holders didn't get nearly 200,000 LINK even accumulating throughout these years. Those that hold that much LINK already made it before even buying 1 LINK.

Now when the price is $17 which is a 100x from ICO you can say ICO holders have finally made it. Myself included.

>> No.20158775

>>20157433
Checked. Yes go to plbennit

>> No.20158814
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20158814

Most of us are retards and not only sell early. But waste our gains on degenerate shit like most normies would if they won the lottery.

Plz don’t be retards with your wealth.
And ever reveal you power level.
Remember the physical mental and spiritual gains are just as important as the economic gains frens.
This is how we get revenge on the Jew and reclaim our foreskin. By being better then them in every way.

>> No.20158834

>>20156707
I made 1.3 million from LINK back during the bull run. Now I am worth 5 times as much so, yeah.

>> No.20158840

>>20158303
Until Biden gets elected

>> No.20158850

>>20158834
i was feeling pretty good about being worth like 150k wtf man calm down

>> No.20158869

>>20158850
If I stayed in LINK and sold now I would be worth exactly the same lol

>> No.20158923

>>20158869
dam
howd you make all that money then if not link?

>> No.20158937
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20158937

>>20158814
Based and extremely red pilled

>> No.20158944

>>20158923
probably some shitcoin like Matic and sold at the top. those who are able to successfully do that with shitcoins can 10x their money in an hour. i'm too afraid to do that with scamcoins

>> No.20158998

Why do you think they won't welcome us into the club like they do with everyone else that makes it?

You'll be chilling next to Rothschild at a pool party before you know it.

>> No.20159017

>>20158998
i'll pass on that. i just want to not have to answer to bosses anymore. passive income of $5k-10k a month is literally all I need

>> No.20159019

>>20158923
I had a 1.3 million LINK stack from presale, anyone from that time know who exactly I am. I had tons of other coins and tokens. The tokens I won't list be cause during that bullrun people made shitloads of money from dogshit and it would be misleading and a disservice to list them.

Paid off about 500k total in taxes. Now I pursue hobbies, better myself physically, learn all sorts of tradecraft shit, recently orienteering. Once I threw off the yoke of chasing money all the time and slaving away, it was magical.

I am worth north of 6 million now, which is in various "traditional" assets. I don't count what I have left over in crypto which is 99% Bitcoin, but it has been a wild ride and enlightening.

When I exited I spent 6 months just doing all sorts of degenerate shit and it took awhile to recent myself after blowing money like it was nothing.

>> No.20159069

>>20159019
question for you experienced anon: do you see the same thing happening during this bullrun which just began? will coins go up 200% in one day like the ones you invested in? also how did you stay on top of them as to not lose money

>> No.20159111

>>20159069
Back during the "ICO" days, coins would 10x on launch day.

Example, two tokens I had money in ICX and ENG, ICX launched on Binance 40x and ENG launched on EtherDelta for about 10x.

I always had a more conservative game then my fellow peers in the various slacks during that time, if a token did some ridiculous number, I would take my initial investment out. When ENG did a 10x, I sold immediately on EtherDelta, rebought the second round of of the ICO, paid some ridiculous gas fees, and sold that for another 10x and took out half of what I made to be converted into fiat and left the rest on the table.

>> No.20159153

>>20159111
got any advice for us linkies?

>> No.20159206

>>20159153
Tell Sergey he is a fuckhead, I shouldn't have had to instigate a riot in the slack with all the whales so we could have gotten some fucking communication from him for and from the first SIBOs, the toilet memes were great though.

I am an old school bag holder. I'm talking bags from the MTGOX days for Bitcoin and Litecoin.

I don't have any advice besides playing with other peoples money, once you have enough you feel comfortable with taking out your initial investment, let the money sit on the table. It will be a lot easier to ride the ups and downs.

Don't listen to fuckwits on Twitter and Youtube. We all got lucky during the bullrun. That is all there was to it.

>> No.20159332

>>20159206
>mtgox
A true OG
What do you think about XSN?

>> No.20159351

>>20159332
dont harass him with your stupid shitcoin you dumb pajeet

>> No.20159363

>>20159332
I am not nor will I go back into the shitcoin game, so I couldn't tell ya.

>> No.20159383

>>20159206
I have been around since those days too. But I was young then, and only used btc for silk road etc.

Oh how the time flies. Maybe the universe will let me catch up to your wealth soon, friend. And thank you for all the work you did to bring LINK to this board.

>> No.20159409

>>20156849
you sure are quick to make analogies about getting blacked

>> No.20159511

>>20156707
A 182k stack cost 31k at 17c, plenty of anons here had far more than that in June of 2018 and link was as thoroughly memed back then as it is now, with less fud and more high quality threads.

>> No.20159520

>>20159383
Yeah, I hope you reach the point where you can confidently say fuck you and walk away like I was able too.

>> No.20159666
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20159666

Long LINK, Long ARPA!

>> No.20159967

>>20159520
i want to be able to do good stuff too like setup a scholarship or two for underprivileged. can't wait. experiencing moons motivates me to save more

>> No.20159997

>>20156690
DYLAN

>> No.20160580

>>20159351
BTC is the payment of choice
ETH is the settlement layer
LINK is the oracle layer
XSN is the interchain layer that gives all 3 native interoperability
Don't miss out.
>>20159363
Fair enough. At least youre more rational than most 2013 btc maxis
>everything after whenever i bought in 2013 is a scam

>> No.20160636

>>20157915
this chainthelink is a pajeet scam xoin

>> No.20160723

>>20156648
Elite class? Are you talking about semi-broke shitcoin "investors" with several hundred dollars under assets?

>> No.20160759

>>20160723
Dont be so literal. Compared to the average American, having several hundred thousand in the bank is an elite class to them

>> No.20160966

ICO was 11 cents niggers and there was a 7 ETH cap or something like that

>> No.20160980

>>20156707
More to the point, it was a 60 cent step up, if you had 490k before now you have 550k, no millionaires here

>> No.20161008
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20161008

>>20156648

>$5.58
>up from $4.50
>OP is such a fag he thinks this is a moon

LOL

>> No.20161150

>>20156648
>Why are they allowing a new elite class to form through crypto?
"Why are they allowing a new elite class to form through lottery tickets?"

>In a few years the stock market will be trading via blockchains which will make everyone invested in nonshit coins rich right now.
If you knew anything about Blockchain, you'd know that it's slow as fuck. It can't handle the amount of volume that exists in the current stock market, much less in the future.
>But the tech is getting better! There's this new coin that...
Nop. A distributed system like this will always be slower than a centralised one. That's just the nature of the game.

All you need is a little pump from another one of /biz/'s favourite coins for everyone to think they're simultaneously an elite class and a threat to the system. Lmao
See you guys next week when this shit dumps again, and the board is full of suicidal pink wojaks.

>> No.20161224

>>20161150
>It can't handle the amount of volume that exists in the current stock market
>A distributed system like this will always be slower than a centralised one

“The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works.”
– Clifford Stoll, 1995

>> No.20161295

how many xsn to make it? suicide?

>> No.20161320

>>20161295
One MN should be enough to make it so 15k XSN

>> No.20161352

>>20161320
1 is the goal
>t. 10

>> No.20161394

got my MN set up today. Is it able to run if my computer is off?

>> No.20161400

>>20161394
I set it up through MNaaS

>> No.20161413

>>20156648
>>20157038
This.
None of us is going to be multi billionaires thus is does not matter to them
Also if you have IQ ((insight)) to become wealthy by investing in shitcoins you might be useful

>> No.20161510

>>20161224
There's this thing called mathematics. You might want to look that up.

>> No.20161519

>>20157223
People using reddit aren't human, in the sense that they are soulless
Even jews think goys have a soul, it's not a jewish soul (tho it can become one) but it's a soul
Reddit users are animated meat machines, the lowest form of humanity. They're not even to human beings what goys are to jews

>> No.20161663
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20161663

>>20161519
But most goyim are reddit tier users, or even worse. The majority use Instagram, Facebook and TikTok. Reddit is like the smart place for them. See, we're basically the Jews now and we're inheriting what they built for us.

>> No.20161970

>>20156849
You don't understand the concept of shit tests. If whites were the guy then we are passing with flying colors by ignoring that silly little girl carrying on

>> No.20161978

>>20156648
millionaires aren't elite anymore. Barely middle class.

>> No.20162180

>>20161224
>no computer network will change the way government works
Wasn't there one build in the 80s but they dismantled it because it worked too well and all those cushy government jobs wouldn't have a need to exist.

>> No.20162394

>>20158130
paying taxes on crypto lmao.

Must suck to live in murrica "land of the free" aka third world country

>> No.20162523

>>20156707
My dca is $0.15 you disgusting nulinker and I invested 34k USD

>> No.20163105

>>20161519
The reddit test is a valuable metric.
>did some "authority" or "verified source" or celebrity say "thing=good"?
>if no, "thing=bad"
They don't waste time debating abstracts with people they deem nobodies. They're more concerned with digging through post histories.

>> No.20163129

>>20158303
Including state?

>> No.20163512
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20163512

>>20162180
Cray-2?

>> No.20163540

>>20163512
I heard someone else mention it, never looked into it myself.
It managed national logistics etc as well.

>> No.20163599

>>20163540
What you're describing sounds much more powerful all-around. Cray 2 distracted me pretty good. I've been reading about supercomputers for about 10 minutes now.

>> No.20163994

>>20163129
Total wildcard city to county to state.

>> No.20164151

>>20159017
How do you make passive income?

>> No.20164258

>>20163994
Yeah mine says 29.95%....not counting local. Also live in
>IL

>> No.20164499

>>20158081
You clearly don't know how the world really works. Niggercallte will always be nigger cattle.

>> No.20164597

>>20164258
Damn. I live in PA. We have a flat income tax of 3.07%. Long-term gains 450k or less would cap out around 18%.

>> No.20164661

>>20164597
Based. Sounds like a good state to move to if i didnt have big time roots here

>> No.20164775

>>20164661
Illinois pains me in a similar way to NY State. All that vast and beautiful land held hostage by one city. We're not all too different considering we have Philadelphia.
It's worth fighting to keep PA based but it seems like it will continue to get worse for some time before it gets better.

>> No.20164781

>>20156648
>XSN will do the similar things in the near future
XSN isnt going anywhere. You made a mistake on that one.

>> No.20164925
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20164925

>>20164781

>> No.20164955
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20164955

>>20164925
>loads and loads of people are gonna use my dex!!! huur durrrr!

>> No.20164981

>>20164775
You know my pain. Hope Chicago can just be its own state because they spend the entire state's money like it is

>> No.20165000

>>20156648

guys do i swap out my $1600 of BTC for AAVE or XSN? which would give me more profit to put into LINK? i just wanna make it

>> No.20165099

Cashed out and put it into ADA

>> No.20165185

>>20156648
I remember putting significant amounts of usbux into this token on a bi-weekly basis
each time thinking about how insane it was to just throw money away on a sub 100 marketcap, internet token project
the team was located in a nail salon ffs
searching about it on jewgle resulted in chainlink fence links

Here I am now with 7 digits if I cashed out
It's almost surreal looking back

>> No.20165311
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20165311

>>20164981
I know NY and NYC have tried to separate on a few occasions but it usually ends in a stalemate.
The State of Jefferson seems the most likely contender to actually go and do it.
North and South Dakota must be onto something.
>>20164955
I marked where the chart in the angry colbert pic ends with a red X.

>> No.20165354

>>20156849
>Mutt’s Law

>> No.20165381
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20165381

We are the exception that proves the rule. It's the lottery mantra:
>It could be YOU!
Ofcourse it will never be you, you dolt, but they never say that on the advert, do they? If nobody ever won who the fuck would buy a ticket?
By letting a few dozen neet retards from this Moldavian Finger-painting forum 'make it' they signal to the rest that the system is working just fine. That if THESE retards can make it, surely you non-racist, suave, sophisticated gentiles can make it too!

It's all smoke and mirrors.
What is important is to realise that you're being allowed to play the game, but by picking up the ball you're agreeing to play by their rules.

DON'T PLAY BY THEIR RULES.
OUT JEW THEM.
SPEND EVERY PENNY IN REVERSING THE NATURAL ORDER.
THE NEETS SHALL RISE AGAIN.

>> No.20166383
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20166383

>>20156821
The majority of technological progress after the moon landing can be attributed to boomers. The thing is that there are technologically savy boomers and numbnuts. Gen X and millenials grew up in a time where technology didn't coddle you and it became a necessity so even the most incompetent millennial seems to know tech. The generation growing up with smartphones are numbnuts with technology.

>> No.20166666

>>20161150
lottery tickets are a scam though. look how many times (((they))) win. whereas crypto any normie out there can open their phone, buy Link at $1 on Coinbase, and have 5x their money right now. now the anons who found Link at $.15 are doing much better...

Never said anything about being a threat to the system. the system is partly what will pump this bullrun since they'll adopt uses from the space. we're just along for the ride. stop being such a faggot

>> No.20166726

>>20156849
Haha whites will be the minority by 2045

>> No.20166764
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20166764

>>20165311
>Look at me, I'm rich! And you're not!

>> No.20166819

>>20166726
Whites have been the minority, unless you're a provincial thinking faggot that hasn't realized crossing oceans isn't a big deal anymore.

>> No.20166863

>>20166819
speaking solely in terms of America, given the fact that mutt’s law is in effect. Go fist yourself

>> No.20166903

>>20156648
i'm thoroughly convinced 99% of posters on this board are LARPers coping with their losses / lack of gain.

>> No.20166928

>>20156648
They are printing money with reckless abandon. We are comfy at home getting fat on the scraps of the elites while normies wagecuck and seethe. I love this fucking timeline.

>> No.20166985

>>20156648
Is this just an elaborate XSN shill? ...Aye. Methinks it be that.

>> No.20167043

>>20166819
It is at the moment...

>> No.20167160

>>20166666
fucking checked 1k eoy

>> No.20167206
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20167206

>they are allowing
>they
Who is this "they"? Why do you think someone is allowing something to happen when it is simply happening? Why must you assume that there's some ultimate arbiter in total control of shit? Are you fucking retarded?

>> No.20167232

>>20167206
you're one naive person

>> No.20167292

An elite class won't form simply because they have a stack of green. You need physical capital, connections, and deeds to your name which extend beyond yourself. This thread is filled with the same kind of thinking berniebros had when they thought all they needed was a big pile of money to win 2016.

>> No.20167308

>>20166666
CHECKED BASED AND 1000 EOY PILLED.

>> No.20167332

>>20167206
NAIVE AND BLUEPILLED.
NGMI.

>> No.20167366

>>20166985
Yes, it is

>> No.20167616

>>20166666
>lottery tickets are a scam though. look how many times (((they))) win. whereas crypto any normie out there can open their phone, buy Link at $1 on Coinbase, and have 5x their money right now. now the anons who found Link at $.15 are doing much better...
How about all the other ones that didn't?
Where do you think that money came from?
Crypto is not like stock in a company that made a profit. For every winner, there's one or more losers, and there's no rhyme or reason for it. These coins are virtually not being used for anything else except trading, it's pure gambling.

>> No.20167848

>>20167206
The only one with any sense in this entire thread. Buy LINK and make it.

>> No.20168147

>>20167616
>not being used for trading

you realize some already are and the use cases are growing? i agree there are losers but also less barriers to entry thus more people from the bottom (or wageslave tier) can make it if they save a little

>> No.20168532

>>20166383
yeah all Zoomers know is technology. Some of the smart ones are investing in crypto though and that's where they have a leg up over millenials who were the same age, since it's a lot easier to buy crypto now

>> No.20168603

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, partnerships, 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 any of 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 is trustLESS, 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 in 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 application' 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. Happy gambling though anons.

>> No.20168696

>>20168603
here's what you're missing though...it just takes a handful of namebrand companies to use the technology for normies and other businesses to accept its uses. crypto is becoming more mainstream so it's only a matter of time. it's not like it'll replace banks. but it will make the things banks do easier and more efficient

>> No.20168741

>>20168603
top tier FUD, it even lowkey shills LINK

>> No.20168771

>>20156707
imagine being this fucking dumb LMFAO

>> No.20168869
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20168869

>> No.20169093

>>20168696
>>20168741

Are we really being infested with this many reddit fags? This pasta is old as fuck

>> No.20169297
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20169297

>>20168603
The bible doesn't allow Christians to practice ursury, that is to lend with interest, and Charlemagne, being able to read Latin, knew this. He owed his immense power to the Church, though, for it was through the still-young papacy that he was able to control such a large area. Pagans would never have stood for such a ridiculous area of land being controlled by one man, but if the nobles are of one faith and that faith's representative on Earth came calling with a fancy staff and crowned a ruler king those lands, well, who is anyone to argue? So Charlemagne rather liked the bible, he had reason to.

Ursury is useful. It incentivises people to loan money because the interest is a good offset for loans that failed. Record keeping was poor in those days and so it was hardly possible for debt to accrue or stick to one person or company like today. A man who took a loan and went broke may be sent to a debtor prison, or become a slave, but he wouldn't be able to pay the loan back. What was needed was needed was interest. Interest meant that money begat money. The issue was that the bible specifically and explicitly denies Gentiles the right to practice ursury, however for Jews it encourages it! This was fantastic news for Charlemagne. He could take loans to finance projects from these Jews, and so could his subjects, and he would be able to keep these crafty jews close to him to better be aware of their evil schemes. What a wise and noble ruler he was.

This created a system by which the jews could not help but out-compete their gentile brethren. A system of interest-credit that meant that jews naturally became the bankers and lenders of society. This gave them power beyond mere wealth. The power to finance wars, profit from them, make kings and doom empires. When you combine this with nepotism you can see how they have such power and wealth today.

The moral is that a slight advantage will create huge disparity within a short space of time.

Buy Chainlink.

>> No.20169337

>>20169093
never since this past and been here a few years but i've read a lot of pastas so forgive me

>> No.20169362

>>20169093
Did you just realize now?
You can tell from the dropping quality of the threads that their numbers are increasing.

>> No.20169584

Why the fuck are you retards talking shit instead of go reading the roadmap on Stakenet.io, DYOR and then invest, sit back and relax your titties.
Sitting on biz with your little sausage in your hand while dissing anons is gonna get u exactly nowhere.
XSN is the coin with the biggest upside potential in crypto right now.

>> No.20169688

>>20169362
>Everyone posting something I don't agree with is a redditor, and decreases the thread quality.
Have you seen /biz/? It's littered with "what was that?" retards, and other assorted shills.
Someone posts an actual well thought out contrary opinion (for a change) and is immediately a labelled faggot.

Tell me again how /biz/ is not an echo chamber.

>> No.20169824

I have been cashing out less than 30k a year. I'm a neet who has 6 digs from 2017 run

I haven't had any issues with irs. Or I haven't paid tax either.

>> No.20169907

>>20169824
if you think your slick depositing it into multiple bank accounts from different exchanges you're wrong. they can tie all the accounts to you. it's better to give it to a couple of people as a "gift" since those are tax free, and then get the money back. if you have a domestic partner you can send a higher amount, over $15k at one time at least.

>> No.20169945

>>20156648
>new elite
How many here do you think wont blow all their money on stupid shit and live a comfy life without power.

>> No.20169971

>>20158767
Ehhh when I first came to this board a lot of people already had $200k-$2MM stacks from ETH gains. All they had to do was pivot that into LINK. $200k LINK would be 2MM LINK if you got in at ICO. That's $10MM now. It's certainly plausible anons bought a million or more LINK who have been lurking here long enough. I highly doubt those people would be vocal about their stacks. Why make yourself a target?

>> No.20169973
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20169973

>>20169688
Checked.
/biz/ is genuinely the worst board outside of /b/ for discussion. This place make /sp/ look coherent. It is 95% pajeets shilling shitcoins and it has literally nothing to do with business. It would be improved immeasurably with flags. That, or range-banning certain countries. Nevertheless, right now it is dogshit. It moves at an artificially inflated pace because of poos replying to each other in their own created scam threads, and to compound this qualitative forgery with a lack of group culture it actively enables people to leave it behind by giving them the tools to do so. You will not see this with any other board. If /pol/ had a motto it would be 'you're here forever'. I know that's kind of 4chan's motto anyway, but it works best with /pol/, because, for all the hundreds of shills that post their daily, they only serve to strengthen the resistance of those they are trying to demoralise by producing an us-them mentality which draws individuals into an in-group and ossifies those groups so that they feel connected and feel the need to defend them. /biz/ doesn't have that. It's a board of individuals who want to make it so they can leave this place. This means that those with high-iq and the right amount of autism end up making it and leaving. These are the same people that create memes and actually make effort posts. If they ever drop in any more you can be certain they don't recognise the place. What this does is it boils the board's culture down to a really bland and paper-thin brand of mimicry of better days as people do their best to recreate it but without ever really understanding what it is they're trying to recapture. /biz/ is dying and, paradoxically, a new bullrun would be the deathblow as thousands of newfags come in and shit all over the ailing cadaver.
Fuck, look at me, two effort posts in one thread.

>> No.20170065

>>20169297
>The bible doesn't allow Christians to practice ursury
Where does it say that?
In the old testament I can confirm it says no to lend to your own people with interest which is pretty based I say.
But I don't see where it says that it's a sin.

>> No.20170132
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20170132

Breaking News!!
Time to go do your own research on Stakenet.io before the train on Silk road leaves the station.

>> No.20170146

>>20170065
>Lends at interest, and takes profit; shall he then live? He shall not live. He has done all these abominations; he shall surely die; his blood shall be upon himself.

Ezekiel 18:13

>You shall not charge interest on loans to your brother, interest on money, interest on food, interest on anything that is lent for interest. You may charge a foreigner interest, but you may not charge your brother interest, that the Lord your God may bless you in all that you undertake in the land that you are entering to take possession of it.

Deuteronomy 23:19-20

Jews being the foreigners in this instance.

>> No.20170241

>>20170146
>>20170065
Just for clarification I will say I'm no bible expert but then, lets be honest, neither were ancient Kings. I do know that what I said was true though, whatever the justification, Jews were allowed to practice usury and gentiles weren't for the longest time, certainly long enough for it to make a difference.

>> No.20170292

>>20170146
>Ezekiel 18:13
I see.

>>20170146
>Deuteronomy 23:19-20
Yea that's one I know of.
As I said, not charging interest for your own race is based.

I wonder if an interest free loan with a subscription is classified as "usury"

>>20170241
>I do know that what I said was true though, whatever the justification, Jews were allowed to practice usury and gentiles weren't for the longest time, certainly long enough for it to make a difference.

Hmm where does it say that gentiles weren't?
The main point I see is not lending with an interest to your own people (in this case the children of Jacob)

>> No.20170405

Unless you have 10 billion+ you are a minnow among the whales of finance who can literally print infinite fiat and come from banking dynasty/steel/oil families who have been building connections for centuries. They literally aren’t worried about maybe 50-100 4channers who will make 5 mill+ this bull run considering half of them will probably piss it away on drugs and hookers anyways.

>> No.20170523

>>20170292
It's less the ability to do it at all and more the lack of ability to do it to your own kind. Jews were at a great advantage because, though they were prohibited from lending at an interest to their own, in the Torah and the Talmud, they weren't amongst their own, they were amongst non-jews.
The Christians were in the same boat, but they could only lend to jews, a tiny fraction of society, perhaps 1 in every 10,000 or less. There was just no point in lending or borrowing money to each other at risk. So jews filled the role, and there they stay till this day.

>> No.20170767

>>20170405
/thread, essentially.
You can only do so much with millions of dollars. If anybody wants to upset the apple cart they will need literal billions. Nobody is making literal billions off of Chainlink. You will all sell when you get to 100 mill at the most.

>> No.20170805

>>20170405
yep

>> No.20170876

>>20169688
You will understand one day hopefully how a consensus works and then be able to recognize the difference between a pajeet shilling his latest scam and a group of hiqh IQ autists.

>> No.20170897

>>20156742
Yup I’m already at 500k

>> No.20170951
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20170951

>>20158767
>which is a 100x from ICO

>> No.20170958

>>20170767
i won’t have as much money but my ideas are definitely better

>> No.20170976

>>20170405
>>20170767
Which is why if you're smart you use it as a stepping stone.
At least you've sped up the process instead of grinding away for the rest of your life and hoping your dynasty can continue it.

>> No.20171149

>>20170958
I bet they are, anon. I only wish you had the power to put them into action. I would do great work with a billion dollars.
>>20170976
Your dynasty will shit the money away in petty squabbles and a lack of foresight. You need to educate your kids in the manner of money making and control, precisely as Rothchild did all those centuries ago. You can't just give it to them and think they'll use it wisely. They will not. You have the benefit of being poor, it gives you drive and focus, it creates within you empathy for the common man, a yearning to see your people be better and do better. Your children, considerably richer than their peers, disconnected from them in almost every way, won't have any of that. They will live lavishly until the money is gone.

>> No.20171257

>>20171149
>. You need to educate your kids in the manner of money making and control, precisely as Rothchild did all those centuries ago.
I know
>You can't just give it to them and think they'll use it wisely. They will not.
You're preaching to the choir here.
I will not spoil them, they'll need to learn the basics the hard way.
A good use for wealth is hiring the specialized tutors so that they can learn as efficiently as possible.

If only there was some books out there that would help with guidance in these sorts of wealth matters.

>> No.20171357

>>20171257
Not having children I haven't read any of these but a quick search has provided this list:

https://www.readbrightly.com/kids-books-about-money/

Your plan is a good one, though. Make sure they understand what is to be poor. Not in a manner that causes them to resent the poor for their lesser nature, but in a way that teaches 'there but for the grace of God go I'.
Good luck, anon!

>> No.20171390

>>20170405
it'll be quite a few more than that but yeah you're right generally speaking. I think many anons are just using it as a stepping stone to reach higher level tax brackets. Once you get a few hundred thousand in the bank, it makes it easier to invest tens of thousands into a stock or crypto and turn it into another few hundred thousand dollars.

We need to think of it as a stepping stone to more riches through smart investing.

>> No.20171442

>>20170405
i feel this, even if they play it smart they'll never be real competition, were fighting for scraps

>> No.20171480

>>20171357
>https://www.readbrightly.com/kids-books-about-money/
Thanks anon

>Your plan is a good one, though. Make sure they understand what is to be poor. Not in a manner that causes them to resent the poor for their lesser nature, but in a way that teaches 'there but for the grace of God go I'.
Ideally I want them to learn everything themselves and focus on their interests.
For example instead of simply buying something, they should learn the process of making it and attempt to do it themselves.
Turn hobbies/interests into business basically.

>Good luck, anon!
You too, God bless.

>> No.20171484

>>20170132
Ah, I guess 6 months have passed and with short memories pajeets are ready to try round 4 of the posw pump and dump routine.

>> No.20171491

>>20170976
i don't think most want to use it to crash the system. for me, I just want to be financially stable, for my immediate family to forever be stable, and for my great great grandchildren to not have to worry about money. that starts wth getting $500k from a Link pump and smart investing.

I'd rather setup scholarships for underserved, random donations to families in need in the form of food (like paying for grocery bills), etc. stuff like that which can be a tax write off

>> No.20171531

>>20171149
thanks anon, that’s kind of you. i’m getting stronger everyday. feels good to know i’ll be standing over a pile of skulls proclaiming the glory of the power most high

>> No.20171565

>>20171491
>i don't think most want to use it to crash the system. for me, I just want to be financially stable, for my immediate family to forever be stable, and for my great great grandchildren to not have to worry about money. that starts wth getting $500k from a Link pump and smart investing.
I hope you succeed.
I have big ambitions.
I want to create a legacy with my future family and also secure a future for my people.
We all must go on and turn our visions into reality.

>> No.20171730

>>20171531
>feels good to know i’ll be standing over a pile of skulls proclaiming the glory of the power most high

This is based as fuck, I wish you Godspeed, just don't lose yourself.
>For what is a man profited, if he shall gain the whole world, and lose his own soul?
There will be people who will see your raw strength and they will be drawn to you, you will be totally irresistible to them, for they would use your power to supplement their own (or lack thereof). You would be hurting them as much as they would be taking advantage of you. Be true to your ideals.
>>20171565
>and also secure a future for my people.
I see this sentiment more and more on here by the day. I genuinely feel a surge of optimism and hope from this board. How many boomers got stinking rich and did nothing to prop the system up so their children could have the same opportunity? How many of them sold their people down the river? We must do better.
>We all must go on and turn our visions into reality.
Yes. We absolutely must. This has been on my mind constantly, recently. We must do what we can to help our people. We will never get another chance.

>> No.20171949

>>20171730
thanks anon, i know there will come a lesson of the sort even though i feel i’ve learned that lesson already a few times. this time it may be with family members or people looking to take advantage of my spiritual connection. I know however a good guide is to keep my word that i’ve said in the past. you be well and continue to spread baseness across the land

>> No.20172225

>>20171949
>you be well and continue to spread baseness across the land
Thank you! I do my best. I have had an awakening of sorts recently and now I just can't help but be happy and try and spread wisdom hope. God bless.

>> No.20172538

>>20163540
>>20163599
Project Cybersyn?

>> No.20172887

>>20156648
A million even 10 millions don’t mean anything in the grand scheme of the world
Also how many crypto millionaires are actually still around? I guess not even 1000 of early eth whales are still around and didn’t spend their money on tacky shit and escorts
Making some money is easy
Keeping that money and grow it into a dynasty is almost impossible
Even if you manage to be filthy rich not many families stay rich because the new generation will just throw away because they didn’t earn it

>> No.20173535

I own links but a 30% gain today didn't make me a millionaire lol.
I'm glad of the profits don't get me wrong but I'm still far from the antshares gain or even fucking ICX gains.

Imagine the IOTA ico buyers, they made 100x more profits than link ico buyers, that's crazy shit right there.

>> No.20173725
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20173725

I have completly no clue how you retards can lose your shit over link gaining 20% in a day. It is a lot thats true, but it doesn't justify your money sitting almost 4 month doing nothing. Unless link moons and goes 10x in the next months, which is unlikely this is a shit investment and you know it.

>> No.20174474

>>20157038
FUCK THE JEWS NIGGA

>> No.20174529

>>20173725
you forgot to shill DMG or XSN or some other shitcoin in your post

>> No.20174533

>>20174474
>FUCK THE JEWS NIGGA
based

>> No.20175147

>>20174529
This post is one giant stealth shill for xsn shitcoin

>> No.20175458

>>20172887
again it's not always about banking on one coin that moons you to millionaire status. it could be you but in a few thousand on a coin that moons you to 100k, then you buy another, etc. You start somewhere. Coins like ETH, Link, and soon XSN brings people up to the $500k range. Add in passive income through staking and people can work on stocks/crypto trading for fun. as long as you take profit and gamble with house money

>> No.20175489

>>20174529
we don't claim that poster. any true Stakie knows Linkies are comrades since both systems will be working together in the near future