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/biz/ - Business & Finance

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25093774 No.25093774 [Reply] [Original]

any logical reason?

>> No.25093825

>>25093774
security is not needed

>> No.25093828

>>25093774
Everything is

>> No.25093853

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.25094015
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25094015

Let's rethink your question. Is there any logical reason why a single chainlink token which offers nothing to the holder is priced over $10? An erc-20 token with 0 utility to the holder is worth more than a $10 note currently. Why?

>> No.25094047

>>25093774

Why not?

>> No.25094056

>>25093774
Because the correct valuation is around the price of a cup of coffee

>> No.25094062

>>25094015
well there was a reason it got to 10 usd first time

>> No.25094116

>>25093774
>XRP devs looking at prison time for dumping and making off with hundreds of millions of dollars off the backs of investors
Which crypto ceo does this remind you of? You actually think a json parser with like 20 employees needs tens of millions of dollars every single week just in operating costs? Lol

>> No.25094151

>>25093774
The FUD is too strong and has an effect in the whole market.
Wait until Tether lawsuit and we will see gallons of blood in the streets

>> No.25094185

>>25094062
wrong

>> No.25094207

>>25094151
wtf is this real?

>> No.25094210

SEC decided that centralized premines are unregistered securities.

>> No.25094235

big macs are expensive

>> No.25094322

>>25093774
Because bitcoin is incredibly indecisive atm. Only when it moves up past 24.4k or decides to crab for a few weeks is when we'll see alts go up. Until then, just hope bitcoin doesn't dump too much. Just have strong hands. 30k is in play but there are going to be some shakeouts. Don't be afraid to take minor profits while holding your bag.

>> No.25094635

>>25093774
Because it's an overvalued memecoin. No one is using it for anything other than speculating and Sergey and his fellow scammers have already taken enough profits. Next stop: $0.

>> No.25094704

>>25094062
There are more than enough financially illiterate tards on the internet to pump a shitcoin, if the shilling is strong enough. LINK has no future.

>> No.25095071

>>25093774
it's a bear mkt coin. It will go up after btc drops for the next bear cycle which is a year from now. Just buy the link dip in exactly 12 months from now. It will keep dropping until then

>> No.25096338
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25096338

All alts are. But don't worry fren. We will be back. All in DMG

>> No.25096779

>>25093774
I bought today.

>> No.25096831

>>25093774
non meme answer?
end of year
people are liquidating for taxes next year
meme answer?
sergey is exit scamming for his mcdonald’s franchise before the sec busts him

>> No.25096837

Everything is a little right now. Xmas week. Lots of the money isnt here. Just relax.

>> No.25096859

>>25096779
I bought 15 mins ago.

>> No.25096915
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25096915

>>25093774
I could explain it to you, because there is an objective pressure which causes this. But you wouldn't understand. Just look at the picture.

>> No.25098200

>>25096859
wgmi anon.

>> No.25098486

>>25093774
Ponzi

>> No.25098497

>>25094704

nice arguments for LINK having no future. Its tech is clearly revolutionary and necessary for the crypto space, and it might also be disruptive for the current financial system.
XRP was just some bullshit consensus mechanism with a little more tps than litecoin which was marketed to banks to use for transactions, and they clearly failed in doing so, either because their product was to shitty, or because they could not sell it.

>> No.25098500

>>25094704
>t. crying XRP bagholder

>> No.25098545

XRP market makers signalling altcoins to go down, there is no rational behind it since it's an XRP issue, as a matter of fact it's a positive development, SCAM market cap XRP becomes available for the other alts. Smart people should be buying cheap altcoins right now.

>> No.25098572
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25098572

>>25094322
Bitcoin is crabbing right now, and crabbed for a lot longer around 19k.

>> No.25098604
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25098604

>>25098200
it’s surreal that i’m up after getting baited for 4 straight hours

>> No.25098632

Trump torpedoed the stimulus last night. Expect an upward correction if he backs down. Expect a huge pump if the 2000 dollar checks pass