/biz/ - Business & Finance

[Anonymous No.22244201]

Why is it crashing so insanely hard..

[Anonymous No.22244238]

Because when you pee you have to poo

[Anonymous No.22244239]

>>22244201
6$ by November bro.
It’s healthy as fuck tho, we needed this to correct

[Anonymous No.22244256]

>>22244201
I have lost an annual salary in a week

[Anonymous No.22244295]

>>22244201
people selling to swing into zora m8

link is too expensive to use, zora will provide private oracle data for free

>>22242699

[Anonymous No.22244313]

>>22244201
Everything is
>>22244295
Fuck off pajeet you’re shitting up every fucking thread with this scam

[Anonymous No.22244331]

>>22244201
Election dump

[Anonymous No.22244342]

>>22244313
This. Also agreed with anon, fuck off Zoraxle pajeet, you’re ruining every thread

[Anonymous No.22244355]

>>22244201
Anyone who bought above $10 is a retard, but this will be a good buying opportunity for the upcoming months to years to come. Just don't expect to perfectly time the bottom because no one knows when that will be.

[Anonymous No.22244380]

>>22244256
This, hurts to watch, not gonna lie.

[Anonymous No.22244407]

Crashing to a value it had less than a month ago is not "insanely hard", it's to be expected after any kind of rally like it had. Crashing "insanely hard" would be wiping away at least a year of profits, so back to less than $0.30 (and that's not outside the realm of possibilities). Let this be a lesson about risk and FOMO.

[Anonymous No.22244435]

>>22244342
i like the zoracle guy. makes a change from chainlink faaaaaaaags

[Anonymous No.22244468]

>>22244201
the final shake out

[Anonymous No.22244500]

>>22244201
>zero use cases
>can be replaced by json parser
>fake partnerships
>CEO is a greasy slob

Really makes you stink.

[Anonymous No.22244537]

>>22244468
definitely a shakeout. Well timed, too.

[Anonymous No.22244557]

>Bought probably 1000+ dollars worth of this when it was above its current price

[Anonymous No.22244588]

>>22244468
Only retards who don’t understand what they bought are selling. It’s painfully obvious who’s new (or OG’s FUDing), freaking out over a small retrace like it’s never happened before in the history of LINK.

[Anonymous No.22244605]

>>22244201
No reason. Just milking the market. Last week's attack was supposed to be the justification for the crash, however the attack failed, but the crash had to go ahead anyway because there isn't really collaboration. It's more a discord or telegraph goes out about the insider knowledge and the massive dump that's happening, so insiders get on board to twist the knife and will pay an opportunity cost if they don't join in. It's self-fulfilling prophesy even when the prophesy gets deleted.

Manipulation.

[Anonymous No.22244657]

>>22244537
More true than most know. Yesterday's press conference with Trump he was talking about covid and this coming labor day weekend and said "if we can just get through this weekend... If we can just make it through..." I think post labor day is going to bring some welcomed surprises.

[Anonymous No.22244662]

>>22244557
then just wait, don't put so much in if you care about losing it

[Anonymous No.22244674]

>>22244201
cooling off before the next rally

$50 eom!

[Anonymous No.22244683]

>>22244239
Cope

[Anonymous No.22244692]

>>22244201
DeFi coins hold more value, people want to be able to get interest ... not just have some central supply controlled by dev, dumped on them.

Sorry those days are DONE

[Anonymous No.22244697]

>>22244588
thankfully I know what I bought >:) it is the best token >:) few understand the power of this token...

[Anonymous No.22244701]

I'm not fucking selling because I'm hard headed as fuck. If it goes to single digits I will laugh and get a shitty part time job to buy more.

[Anonymous No.22244706]

>>22244407
Doing -50% in matter of days is the very definition of crashing you retard

[Anonymous No.22244718]

>>22244256
I’ve lost 400k from the top. But I got in at 20 cents so oh well!

[Anonymous No.22244744]

>>22244718
dude I'm a math major, 400k starting goes without saying

[Anonymous No.22244760]

>>22244588
btw I'm well aware of DE POWER OF DE CHAINLINK TOKEN and I sold at $17 you stupid fucking retarded loser faggot

[Anonymous No.22244793]

>>22244701
winner mentality, you'll make it

[Anonymous No.22244811]

The levels of cope from the people who are too fucking stupid to know when to sell never fails to amaze me

Can you guys start posting the tax cope now?

>ackshually people who sell high and buy lower LOSE money because of taxes, actually I'm a genius for HODLING through the crash!

[Anonymous No.22244840]

It pumped on the back of DeFi scam bubble

Now it's crashing because DeFi is a shit meme

Sergey was bragging about it too, what a fag

[Anonymous No.22244858]

>>22244701
Should have sold part of it at 20$ and used that money to buy the coming dip. Get more linkies. Hodlers are simply retarded. It was obvious for everybody that it would dump hard. Shit does not go exponential for eternity.

[Anonymous No.22244862]

I LOST MY MONEY MAN.. FAKING PEACE OF SHIT COIN MAN.. I LOST 5K CASH MAN.. FAKING CRYPTO.....

[Anonymous No.22244889]

>>22244706
So? Did I deny that?

[Anonymous No.22244894]

>>22244840
With the Sushi scam DeFi will soon be dead, with maybe a few handfuls of actually decent prjects surviving longterm. And this is a good thing.

[Anonymous No.22244900]

>>22244858
I won't argue that it would be more beneficial had I done something different. I simply don't care and know I will still make it.

[Anonymous No.22244995]

>>22244900
That is your decision and I respect that. With a big enough stack you will make it, because Chainlink is one of the few really decent coins and will eventually go up again and see new ATHs. But that day is not today. Also it is always possible to completely miss the right time to buy back in. I just know that this dump is not over and I most probably won't buy anything, and I mean anything before middle of next week.

[Anonymous No.22245107]

>>22244201
>Bought at $16
Heh, I knew it wouldnt be this easy.

[Anonymous No.22245109]

Get fucked linkies. Retarded autistic spaz tard "OG's" won you bought them nice things. Stupid cucks.

[Anonymous No.22245248]

I should have sold, but there’s no point in selling now, I’ll just end up mistiming the buy-in and turn a meager gain into a meager loss. F.

[Anonymous No.22245253]

>>22244697
Please explain it to us tards then?
>inb4 dyor!
I have. It does nothing. It can be easily replicated and it will do nothing in the future but dump. As it’s doing now.

[Anonymous No.22245557]

>>22244858
>It was obvious for everybody that it would dump hard
No it was not. Nothing it's obvious.
For example It would have been obvious to dump when we reached 10 usd but it didn't.

Nothing is obv especially in this manipulated market. When you think somenthing is obv you are jewd out

[Anonymous No.22245779]

>>22244201
Thanks just bought 100k

[Anonymous No.22245890]

>>22244239
> -50% in a few days is healthy

lol who would've thought that link would be responsible for the majority of new 2020 bagholders

[Anonymous No.22246355]

>>22245890
kek

not gonna lie it hurts but it feels like 2017 again. so we might see crazy price actions in both ways over the next weeks.

[Anonymous No.22246395]

>>22244201
Because I bought. Every. Fucking. Time.

[Anonymous No.22246578]

1.488$ EOW
kek

[Anonymous No.22246591]

>>22246395
Same, I'm the most unlucky sack of human trash to ever exist. My entire life is fucking misery and literally nothing good ever happens to me. In the last few months alone I've lost practically everything. I'm about to just rope for good.

[Anonymous No.22246635]

动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh in loo 劉曉波动态网自由门

[Anonymous No.22246641]

>>22246591

[Anonymous No.22246673]

>>22244657
hmm will watch

[Anonymous No.22246678]

>>22244557
I'm guilty of it too, but it's never been smart to value your crypto holdings in dollars... much better to think in terms of ETH or BTC. This entire thing is an absolute circus, barely on the fringe of reality

[Anonymous No.22246684]

he betrayed us, AGAIN

[Anonymous No.22246725]

>>22246355
yep I agree. So fucking glad I sold all my ETH last week at $460, too much euphoria on twitter, people saying they made $10k in their sleep farming defi shitcoins, I didn't wanna get caught up in the hype like 2017, glad I learnt my lesson.

The question now is when to buy back in. The rally might be over entirely but until ETH breaks $300 I am still wary and looking for opportunities.

[Anonymous No.22246746]

>>22244557
>I bought more than 50 tokens!
Bro literally no one cares
Shrimp boy

[Anonymous No.22246758]

>>22244557
you didnt lose any money if you have your hand on the bag

[Anonymous No.22246781]

I bought at 3 bux.
Should I just forget about all my holdings and walk away from crypto for like a few years, come back and see everything went up 10,000%? Or is it all just going to drain to 0 now?

[Anonymous No.22246891]

Imagine thinking its single coin crashing. The market is going down, buy while you can retard LINK is gonna go back up just like every single other coin. Just as people tell you to zoom out on the chart, maybe watch some other charts too. The coins are still bitcoin correlated, when bitcoin dumps all other coins dump.

[Anonymous No.22246979]

>>22244201
Because i finally bought yesterday

[Anonymous No.22247016]

How is this different from the ETH corrections in 2016-2017?

[Anonymous No.22247075]

>>22246891
this, the price is crashing because the greater market is crashing and retail fomo bags are capitulating. People who understand that this is happens multiple times throughout every market cycle, understand the tech, and are investing for the long term do not care about this dip and are taking LINK off exchanges. This includes top wallets who are continuing to accumulate. Price and market movements do not change that this is revolutionary tech with huge disruptive potential—there’s a good reason it went from rank 150 to 5 and was the top performing asset by a long shot during the one of the bloodiest bear markets. You think it’s an accident this coin has one of the most adamant FUD campaigns?

Retail fomo bags dropping now will look at the chart dumping past their exit, satisfied because they’re so smart, it was going to 0, etc., and then fomo back in once again in the next run up, cursing themselves “why did I sell.” Happens every market cycle

[Anonymous No.22247122]

i lost 300k in less than a week lol i’m 23

[Anonymous No.22247175]

>>22247122
>300k
Rupees?

[Anonymous No.22247182]

>>22244201
Probably because it pumped so insanely hard? Do newfags not understand a correction?

[Anonymous No.22247210]

i have 0 linkies, is this my time to buy-in boys? maybe drop like $3k or something?

[Anonymous No.22247250]

>>22244811

Can you honestly answer why someone with 10k + needs to sell?

They already made it if they wait. They wont have to pay extra tax from selling. they also wont risk selling on the way up (literally how many retards got fucked selling every $ past 10$ on the way up?)

If you have micro dick stacks you have no choice but to sell and try risk the tops, both because you dont have much to risk with less than 10k Link, and because you dont have any other means to accumulate as you are very priced out.
The only thing you do by making posts like that is revealing you bought late and you dont have a make it stack yet.

Its like making fun of ETH fags who had 10k Eth for not selling at $20 and buying back at 8$ back in the day....
Eth went to $1400 and those fags made it likely because they didn't need to swing the highs.

[Anonymous No.22247306]

>>22247122
Good job you will make it. I am a little older 38 and lost 280k.i think we will bounce back hard. This week

[Anonymous No.22247378]

>>22244239
Lol $6 by this week XD

[Anonymous No.22247443]

>>22247210
yes
and then walk away from biz

[Anonymous No.22247449]

I'm still a noob and and a stack let, bought some link on the climb up when it was around 7. What are good wallets to store them? Right now I have them all on coinbase pro.

[Anonymous No.22247520]

wet toilet paper support at $9.50

[Anonymous No.22247712]

>>22244588
This! So much this! It’s never been about the money anyways, it’s been about believing in the tech. If we happen to make an extra buck or two than so be it, but us OG marines have never cared about the money.

[Anonymous No.22247754]

I was worth over 100k for a brief few days and I still wanted to kill myself, possibly more so because I thought it would be a great feeling and it wasn't, it was an empty feeling.

LINK is a great meme though whether it's going up or down, I think I might only like the wojack threads and that's it.

[Anonymous No.22247782]

Never selling. 30$ EOY. SCREENCAP this

[Anonymous No.22247785]

Have been telling /biz/ to cash out Chainlink for silver junior mining stocks since Chainlink was $18.50. I have told you to do so repeatedly since that time, day after day. Every step of the way, people have been fighting me. Chainlink has now crashed to $9.57, while SILJ is still trading sideways, and about to soar to the upside once Q3 earnings reports come out. There is still time to cash out your Link before it goes to zero. Don't hold this to the bottom. SILJ is going 10x over the coming PM bull market, and many small-caps (like Impact Silver and Bayhorse Silver) will be going 100-400x. You might be making 10x on less money by changing your investment now than had you done so a few weeks ago, but 10x on something is better than 10x on nothing. Please listen to me. I have told you this information for no other reason than for your own welfare.

[Anonymous No.22247797]

>>22245557
Unironically this. Fucking larping retards will pretend they can see these things coming when in reality nobody can.

[Anonymous No.22247823]

>>22244557

it will go back up eventually. don't sell no matter what

[Anonymous No.22247848]

>>22244858
Shit doesn't go exponential forever, but it's silly to claim it was obvious the top was 20.
Any previous peak could have been the top and even now after this tremendous dump we haven't reached the prices many swingies sold at, expecting to buy lower.

[Anonymous No.22247873]

>>22247785
I put a little bit of money into this shit when you said it but I still unironically hold way more crypto than I do PM stuff.

[Anonymous No.22247918]

>>22247848
Add three zeros to the end and how similiar is LINKs chart to BTCs back in 17 I wonder.

[Anonymous No.22247972]

>>22244862
Are you ok Paj-Bro?

[Anonymous No.22247981]

>>22247873

Miners are going to soar imminently. Look at the previous behaviour of the miners. 5 weeks going sideways, then they soar when the earnings reports come out. What do you think those earning reports are going to look like, given we have had $28 silver and $2000 gold?

[Anonymous No.22248049]

>>22247848

exactly. It was an "obvious top" at every Dollar past 10 to me. Doesn't mean im retarded enough to sell because tht is how markets work. you cant predict the top. Every faggot who did had 100000 who got raped selling the way up.

Every faggots that has a "safe exit protocol" to buy back in later and sold gradually ends up getting raped eventually anyway, if not this time the next statistically. Just ask and look through the archives for years of faggots getting priced out forever when it never retraced quite to their sell point even while they were doing sensible and very reasonable and logical exits. AKA, fagots who sold from 80cents to $1.20 never got back in.

Statistically if you arent a poor fag and have 10k LINK you have no reason to sell.
If you are a Linklet with less than that sadly the days of buying dips to accumulate are gone for you as even 5$ is too expensive to accumlate with fiat now. you guys have no choice but to swing

[Anonymous No.22248082]

>>22247250
thanks anon I needed to read that

[Anonymous No.22248177]

WHERE IS MY STEAKING, SIRGAY
WHERE IS IT.
YOU SAID THERE WOULD BE STEAK AND I SEE NO STEAK OR STEAKING BEING DONE.

At least, I imagine that's what's is causing the big doomp.
That and the rest of the market tanking. We're getting closer to November and our politicians seem to be no more willing to put down the feral animals ruining the country so people are getting testy and switching to USD.

[Anonymous No.22248207]

>>22248049
I bought around 6k in 2018 and mostly stopped visiting /biz/ until a few months ago.
Not planning to sell until the next bull run, but why is that 10k LINK the hard limit for you? I'd be pretty happy with just having $1-3M to put into passive income of some sort and live modestly.

[Anonymous No.22248240]

>>22244858
>It was obvious for everybody that it would dump hard
you didn't know shit

[Anonymous No.22248241]

>>22248177
Lmao he hasn't even started implementing it.

[Anonymous No.22248316]

>>22248207

You just said why.

> pretty happy with just having $1-3M to put into passive income of some sort and live modestly.

You cant make it with Link alone and would have to invset it further for passive income.

10k make it stack basically meant that its braindead. 10MM is enough for even brain dead retards to make it without investing further or doing anything with it. Thats why it was decided to be a make it stack. You could live a great life (not live modestly, live large) without doing anything else.

Now, obviously, you are an extreme retard if you dont further invest it but that is not the point. Thats why 10k was deemed a make it stack.

[Anonymous No.22248433]

>>22248316
Makes sense.
Well, good luck to other long-term holders, then.
Food named scams killed this bullrun, and we didn't even get CURRY. Missed potential.
See you all in 2024.

[Anonymous No.22248754]

>>22248433
Blame CZ for wanting to have the biggest imaginary numbers on his screen, bigger than anybody else's.

>>22248316
Yeah but even those of us with sub-5K stacks shouldn't have to put that much work into financial independence yes? I plan on either staking for returns or selling into high-dividend ETFs if the fraudulent stock market ever corrects.
I also think a lot of the weak hands recently is definitely caused by world event instability. Lots of normies and whales that probably want to be sitting on cash right now.

[Anonymous No.22248832]

>>22244201
because it has zero real world value.
you're fluffing a fat guy, nothing more.

[Anonymous No.22248866]

>>22248754

Honestly Sitting in cash is the boomer move. the one they have been trained to do form 2008 and their entire lives.
I Do not want to sit in cash for this coming crisis. They are going to QE/ inflate like no tomorrow this time if not just to catch the boomers out who have been trained to go to cash.

Stonks/Gold/Crypto will be the only real safe place for money once they start the inflation machine. Maybe not in the short term but in the 5 year window for sure

[Anonymous No.22248899]

the entire market is crashing hard because of the IRS.

[Anonymous No.22249051]

>>22248866
That's the only thing that worries me, seeing the price of LINK go up not because people are buying but because USD is being devalued. Still, I guess that puts me in a better position than a lot of people.

[Anonymous No.22249158]

>>22249051

They can kick the can again for 20 years at least.
Honestly. I only have enough cash for imminent expenses personally. would feel worried in the larger time scale to sit on a lot of cash.

Would feel more comfortable with 90% networth in BTC rather than cash at this point. its quite clear they wont let the system fall if they dont have to yet, just means devaluing money first.
I have 30k GBP in cash but only as insurance in the short term as i'm moving soon( leass than 1 year time frame) and need the certainty. If i wasnt moving i'd put most of that into gold/crypto/stonks

[Anonymous No.22249211]

>>22244256
I have lost 5 years. I don’t care, this shit was always retirement or kill myself. We will see where it ends.

[Anonymous No.22249512]

>>22249211

>>this shit was always retirement or kill myself

If that's your mindset, buy junior silver miners like Impact Silver and Bayhorse Silver. >>22247981 The average small-cap silver miner goes up 150x in a PM bull market. Look at First Majestic Silver for example from 2001 to 2011. Link is a dead end. People won't be fleeing to Link, or any cryptocurrency, when the dollar ponzi-scheme collapses.

[Anonymous No.22249901]

>>22244201
Moved all assets into LINK at $9, already up 5k and have a proper sui stack.

[Anonymous No.22250033]

>>22249158
I'm working on credit right now, having autism makes it difficult to hold a job.

[Anonymous No.22250183]

>>22247785
haven't heard of impact or bayhorse before. I'll take a look. didn't sell my linkies at $20 or really any of my crypto holdings because I trade macro trends and learning how to sell has taken a long time. Unfortunately, because I'm unwilling to lose my positions right now and still don't really grok shorting in the crypto space that means I'm not as liquid as I need to be to really capitalize on this downturn.

[Anonymous No.22250206]

>>22244201
1 dollar end of year. Link was a scam

[Anonymous No.22250267]

>>22244201

Psychological operation by the Chinese i think

[Anonymous No.22250288]

>>22250206
Nah

[Anonymous No.22250297]

>>22244201
vaporware scam coin. the real question is why did it pump so insanely hard

[Anonymous No.22250305]

OH SHIT DOUBLE TOP FORMING
BATTEN DOWN THE FUCKING HATCHES

[Anonymous No.22250333]

>>22250305

Lmao, this market is nuts

[Anonymous No.22250353]

>>22250333
Checked

[Anonymous No.22250434]

>>22250353

Lol, I have many dubs and trips

[Anonymous No.22250781]

>>22244201
Whole market is crashing. So why is the market crashing?

[Anonymous No.22250999]

Some people seem to need fiat money for the short term

[Anonymous No.22251248]

>>22244662
Absolutly based

[Anonymous No.22251410]

>>22247016
It isn't, it's just newfags showing their first rodeo

[Anonymous No.22252338]

>>22250206
It's going to be a penny token.

[Anonymous No.22252802]

>>22244692
Why you gotta come at sushi like that, just @ em next time