Just a pullback before we go astronomical, load up lad
Relax there
"Buy crypto!!" every comment. Cerebral stuff.
I've been buying (and selling) since 2013 and I wouldn't touch it at these prices, unless it's some shot-in-the-dark alt outside the top 200.
Cmon Dohn, if ye don’t buy now ye will have to go through Larry Fink in the future, for a small fee of course
Where's @dirk_dangler ?
Must be shopping for another lambo no doubt
Sitting With his feet up in that vinyard in the south of France, watching the peasants toiling. Prior to the alarm going off and him having to drag himself off to work.
Leaving 6 figure hell by end of summer 😃
On 17-11-21, Rose was valued $0.26
Currently it's $0.05244 - that's an 80% loss in value, I believe.
I am coping quite nicely, thanks.
BTC ATH 10/11/21 down 56%, BTC set up by the powers that be to keep the public away from GOLD, governments world wide buying GOLD at record pace, they cant get enough of the "barbarous relic" while governments world wide who have obtained BTC from criminal investigation, they dump on open market, make you think? If BTC is the future of money why don't governments HODL?
That lad seems a bit mentally unstable Dirk, what do ye make of his link posts?
Bananas this lad is
It’s a currency they don’t control, institutions are holding it as a hedge. The government holding it could undermine their own currency by giving it more credibility.
Why would you even bother looking at the links that followed on from "BTC set up by the powers that be to keep the public away from GOLD"?
He posted a fact about BTC trades and an opinion on LINK, he is entitled to his opinion, it was refuted in subsequent posts
You will get nowhere being willfully oblivious to scenarios that don't align what you hope is happening
I think we can all agree the age of Fiat is coming to an end, the Dollar, Euro, Pound have been printed to the edge of hyperinflation, we can see this with our own eyes in the price of everything rising.
Powers that be are pushing for CBDC as a way out of the mess they have created.
BRICS making moves away from the Dollar, Euro, Pound, many more countries want to distance from Dollar, Euro, Pound and join BRICS.
So as we can see CBDC are coming, BRICS one will be backed by GOLD and most likely other commodities (oil, natural gas) will BTC be part of this? No one knows, but as we know Governments dump BTC when they obtain them, its not outrageous to think that BTC has no part to play.
What do we know?
Look like there will be several different CBDC, so Chainlink will be used to link them all together.
How will the CBDC prove that they are backed by real tangible assets, just so happens Chainlink offers proof of reserve
Governments worldwide hoard GOLD and dump BTC. Way easier to buy BTC than GOLD for the average person, Something to think about?
Anyway most crypto is going to ZERO, a ponzi, but I'm confident Chainlink is not in that category, it is an insiders product, the plebs are allowed to buy to avoid regulatory issues down the line, as it stands it look like Autumn into Winter this year is when we see something big happen in the money world.
Your average BTC holder
You average $LINK holder
Maybe he should have checked Coinbase
Ok volume is down but far from Armageddon
The Russian Embassy in Kenya is the source? Ok, yeah, that sounds legit. Whereas India and South Africa have said it isn't happening.
Though Link is a good project, there is still only half of the supply in circulation, how many insiders still have to take profits from early investment? And the fees that would drive up the price of the token are relatively low meaning lower overall price levels.
But he didn’t actually post facts now did he, he posted data to suit his argument.
He conveniently didn’t mention that his BTC trading volume was from binance.us, and also didn’t post USDT market cap graph for the last year which would offset the USDC, and indicate a switch between stables rather than a mass exodus.
It's only considered "good" because it hasn't turned out to be a scam (yet) or imploded from mismanagement.
I bought a small amount in 2019 to get ahead of the herd and fleece some poor bastards, but still only 3x not worth selling yet. As usual, like most crypto projects, it's entire business model is selling conjured tokens on the secondary market, to fund the generic Rube Goldberg machine of neverending development and solutions to problems that don't exist, to create hype, to sell tokens on the secondary market..
As the front for that money-making scheme its "relatively good".
If it’s use cases your looking for then how’s about Worldcoin?
Ok it’s somewhat Orwellian, and at first look seems very centralised, but I don’t think anyone can disagree when I say the two biggest issues on the internet are individual authentication, and individual security (password login protection etc), and if Web 3.0 can solve these then existence in the virtual world will be that much closer with existence in the real world.
99% of crypto generates no revenue.
Chainlink is one of the few that are generating income off the services they sell, most just mint new coins and sell on market, they have no other way to get money to keep the lights on, look at all the coins with annual inflation of the coin supply, Chainlink is fixed at 1 Billion.
Chainlink will be charging for use of their services in $LINK, so to use Chainlink you will have to buy Chainlink, these payments will be distributed to stakers
If you believe blockchain has a promising future, Chainlink will be right in the center of it, earning for stakers, $LINK will be in demand for those looking for passive income 24/7/365, pension funds and the like.
Easy to see Chainlink is every where in blockchain and it is now expanding into legacy finance (SWIFT) as they start to use blockchain.
Estimates that using Chainlink services will be 15-20% cheaper than current practices, in other words those who don't use Chainlink will be left behind and eating alive by those using Chainlink.
As Chainlink use increases, there will be price fluctuations, but as the users increase, the staking rewards increase, most $LINK will be staked and earning.
As Chainlink is released onto the market in the coming years, it will be snapped up and staked to earn income, the token releases will be like the early days of iPhone, sold out in minutes.
The circulating supply is a non issue, as soon as the staking rewards are increasing, $LINK token releases will be like Taylor Swift tickets, snapped up instantly upon release
BTC/USDT spot price stayed between 29,851.17 and 29,851.18 for 12 Minutes, like a dead shitcoin on Kucoin
Chainlink has revenue from the services they sell that will be given to stakers, revenue is increasing, they wont be relying on token releases to keep the lights on.
As for a scam, the following are no fools, large legal teams working there looking into Chainlink, they would have nothing to do with Chainlink if there was a hint of scam.
Upcoming Chainlink event confirmed speakers
Yeah, Chainlink is pulling the wool over their eyes😂
State Street Total assets US$37.6 trillion (March 31, 2023)[1]
State Street going to get taken to the cleaners!😂
The simple fact is most round here are to proud to admit they are holding big heavy bags of Cardano and other shitcoins which are going nowhere, so they holdout hoping for a rising tide that lifts all boats, previous pumps where led by retail investors, the coming pumps will be lead by old money finally entering crypto, they wont be buying shitcoins, they have their winners picked out long ago, just waiting for regulations to bring clarity to the market, we are nearly there.
Grayscale trust is a legally compliant way for Wallstreet to buy Chainlink, why the price Difference, what does Wall Street know? Why pay such a premium now when they could wait a few months for regulatory clearance and buy cheaper? (Not even buying a fully $LINK only 0.94144012 of a $LINK and paying 2.5% annual fee)
So think long and hard about what you are holding, you might be better to cut your loses on those heavy bags of shitcoins and buy something that has real use cases, don't forget Ripple makes money by selling XRP, which is not required to use Ripple services, $LINK is required to use Chainlink services.
https://dailycoin.com/ripple-revenues-depend-on-xrp-sales-says-garlinghouse/
I think I've stumbled on a Reddit fanboi page by mistake
You can drop the auto-crypto-bro sales pitch.
Like every other crypto project (except maybe stuff like Numeraire) they survive on token sales.
It's the absolute religious like certainty in which you guys promote your favourite coins that put people off.
Nothing is certain in finance and you won't see such predictions anywhere else.
I don’t get why people sh1t on other coins/projects, especially when promoting one like chainlink which is completely dependant on the prosperity of other blockchains.
If the future of finance is crypto then some will replace banks, some will provide technical services, some will provide financial services, others may provide authentication and authorisation. It’s not necessarily a direct competition, there are currently many banks in the physical world, and many companies that provide services to these banks. There’s plenty of room for everybody.
I'll try explain this so the slow learners cans understand.
Blockchain is about to go mainstream, most crypto are shitcoins, as some here have pointed out, most only make money from selling coins/tokens, they have ZERO revenue generating abilities outside of coin/token sales, in simple terms they do nothing, other than resemble a ponzi.
Now as blockchain use increases we will see banks/institutions use there own blockchains, no bank is going to be using Cardano or XRP, they are scuppered as soon as retail twig this, this goes for most of crypto when retail realises they have no real world use.
R3 is the banks and they have been working on blockchain for some time and I bet most round here are ignorant of their existence
Then we have Digital Assets Holdings, basically JPM Blockchain and now Goldman Sachs are using it as well
Then we have Hyperledger
No tokens available for these blockchains, do you honestly think Banks will use Cardano and XRP over the blockchains they are developing inhouse?
So where does that leave us , the retail investor? Well there will undoubtably be a gems hidden among the thousands of shitcoins, but only one sure thing and that's Chainlink, its blockchain agnostic, so it don't matter which blockchains are successful, it will work with them all.
With all these different blockchains, Chainlink is the only solution in town for them to communicate witch each other, collecting a fee for every transaction.
Posters around here are like Xbox and Playstation fan boys Arguing over which is best, who cares, smart money is not buying shares in either, its buying shares in the ESB, the only guarantied winner in this fight, both Xbox and Playstation run on electricity, don't loose sight that Chainlink will be running behind the scenes of every blockchain out there.
THERE ARE 1836 PROJECTS AND 2153 INTEGRATIONS IN THE CHAINLINK ECOSYSTEM, this grows daily, and the fees they are paying will be going to stakers!
You have to be as dumb as Harry & Lloyd to not be going all in on Chainlink
Chainlink is not Finance, its bigger!
As everything in the modern world requires electricity, everything in the world of Blockchain and Web3 will require Chainlink.
I will be reminding you all and be gloating when the penny finally drops and I will will haunt here long after i'm dead and gone, "if only we took heed of the posts of solid gold he gave us." (Lights dim, and the sound of boardsies sobbing as the screen fades to black)
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