>dodged the bullet on REQ
>dodged the bullet on JNT
>dodged the bullet on ICX
>dodged the bullet on NKN
>dodged the bullet on NKN
>dodged the bullet on QASH
>dodged the bullet on MATIC
>dodged the bullet on RSR
>dodged the bullet on FET
>bought 10 BTC around $1100
>bought a big bag of ETH around $20
>bought a huge bag of HOT
>bought a huge bag of FTM
i literally missed all the scams and failures kek. why am i so blessed.
curious why didnt you get any chainlink?
shill thread
>RSR
>NKN
>Scams
??????????
Went all in on LINK at .20 cents.
You're nothing bro.
Because u r still dreaming neo ;)
>dodged the 17x bullet on MATIC
What did he mean by this?
i fell for the LINK is a meme meme and don't wanna get dumped on. it's mostly psychological, i hate buying anything after a 5x if I know i had the chance to buy at 20-30cents. It's just my stupid brain i guess. But same for FTM and HOT i refuse to buy more now because I feel stupid for not buying more initially. It's probably irrational af.
I plan to buy some LINK down the road probably.
> mfw witnessing the beginning of the great shitcoin civil war
NKN dumped from $0.50 to $0.01 in less than a year. That's a scam to me or utter failure whatever you wanna call it. There are anons who put in 50k at $0.50, so there are a ton of bagholders on biz.
The current trick of NKN faggots is to mention NKN in the same sentence with real moonshots, to make NKN appear legit. I would stay away but DYOR.
MATIC is 50% down.
Its not luck its just having a good head on your shoulders
>the absolute state of biz
What a fucking brainlet
>Dodged the bullet on MATIC
which is still 4x from its low and 2.5x its opening price
>Dodged the bullet on RSR
Literally has one week of life, backed by the biggest names in crypto and the VC world.
>owns no LINK
Faggot.
This ftm shilling really is getting tiresome dude please crawl back in your favela
answer my email eurofag
Thinly veiled FTM shill thread. Pathetic.
Only to get cancer 1 year from now.
Checkmate.
working on it right now mate
I see your point fren. same thing happened to me two years ago, my first sight of link i thought it was a scam. But im still curious...have you done the research on link or kept up with the autistic threads past two years? My point is if you know what link is it almost doesnt matter if you buy it at $1.50 or $1. Cliche example would be like "dude i didnt want to buy eth at $5 because it was going up"....im not trying to shill or fud just hope you get on the train soon. lmk if you have any questions about it
Based and respectpilled
well, i didn't go full autist in my research on LINK yet. what i know is it's a decentralized oracle service that tries to solve the oracle problem with a bunch of APIs and the oracle nodes are incentivized in some way with LINK? and the $1000 EOY meme was based on the idea that contracts have to be backed by huge collaterals paid in LINK to eliminate counter-party risk? maybe point me to a quick-run-down pasta that would be nice.
also appreciate your reply, it's rare to see a helpful linkie kek
I just tried to type out an explanation but i really cant put it into a couple of sentences. Imagine trying to put 2 years of autistic research into a reply haha. what i can do is point you in the right direction so you can have your own lightbulb moment. You need to take the problem of smart contracts not being able to grab info/data from outside the blockchain very, very seriously. Right now all we can do is trade tokens around with those SC's. Just think, FUCKING THINK, of all the usecases smart contracts can create if they could grab that outside data. the opportunities are endless. And yes you are right that collateral in the contract will rise the tokens value, but that is only one aspect of it, on the other hand, companies can monotize their information(api), practically locking up link tokens forever. just think if most of the supply was locked up in nodes because why would you sell you link when you can make passive income from it? Also, one of the more important aspects of chainlink that a lot of people overlook is their mature behavior. They are radio silent and let work do the talking. their is a massive amount of partnerships that are going to come out this year and the following. idk man the more i write about this the more i feel like i sound crazy...just dude please please fucking trust me on this. you need to take the fact that even chainlinks competition(which is almost none existant) is even integrating link in their services. just think about this, right now chainlink is the only one doing this. Think if the whole of the smart contracts that need an oracle go through the link network. example, if only nissan sold cars, or microsoft was the only one selling computers. $1000 eoy is FUD i mean it. im going to stop cause i sound so fucking stupid and like a shill, just please promise me youll take a good week to dive into this rabbit hole.
>imgur.com
heres is a leaked teeka report about chainlink that came out recently. I dont like him but he made a very good paper describing link and its potential. and remember, in his 3200% example he is talking about one industry i believe, link can touch every industry, and if it only succeeds slighty the token still needs to rise a substantial amount.
docdroid.net
great explanation user! i am really busy with work right now but i promise i will take a serious look and DMOR very soon. i have a week off in around 2 weeks. that imgur.com link seems to be endless kek, that's a great place to start thanks fren, seriously!
forgot to add:
>dodged the bullet on 0xBTC
>dodged the bullet on DAG (constipation)
Stay blessed brodar
fake and gay
thanks bro!
forgot to add:
>dodged the bullet on LIT
This is why I refused to buy bnb at $2 after i saw it going for $0.50. I learned my lesson the hard way.
LINK is infinitely divisible. There is no formula for how the price of LINK goes up from use. Even if every major company set up LINK nodes and all the nodes transacted their API data on the LINK framework there is simply NO mechanism by which that translate to an increased price in LINK.
The market for APIs is trillions of dollars, that is true, but those trillions of dollars are paid to the data provider, will they be paid in LINK? No. They’ll probably take payment in USD because literally no major corporation is taking crypto payments for serious data and adoption on that scale is a decade away at least. So LINK wont be used to pay for the API, the other common thread is the LINK will be used as collateral meme, which isn’t true, most data doesn’t need collateral and the data that IS sensitive enough to need collateral is used in legacy systems for major international financial transactions that again is DECADES away from switching to a cryptocurrency. You aren’t going to be staking international bond payments with a binance traded token any time in the next decade.
The final and only clear possible way LINK gains value is if it is used as payment for the node HOST. This will cover network and electrical expenses for the oracle service, however these fees are relatively tiny for pinging API data from a node, you could maybe get pennies per day for acting as an API relay. Multiply those pennies by all the APIs and divide by the sum of the LINK tokens and you don’t have much of a dividend or value at all.
Just clear your mind and THINK for a second, for LINK to go up due to something other than speculative buyers then the SERVICE HAS TO BRING IN MONEY. But the service isn’t a very valuable one. Just because an website server hosts expensive data doesn’t mean the host generates a lot of money, hosting data is a flat cost.
this whole "getting paid for API data" concept is totally new to me. i only knew about the collateral thing because i wondered how $1000 EOY would be possible.
sometimes it's better to miss a moon imo if you aren't 100% sure. e.g. i almost bought RSR because the shills did a decent job and the next morning, i wake up and the chart is a fucking disaster. i feel it's better to buy really early than to fomo from a risk mgmt standpoint. no need to fomo, good opportunities come and go. if i miss one i keep my money for the next. BNB might be a good exception though, CZ really knows how to pump his coin ;)
(OP)
forgot to add:
>dodged the bullet on OWN
>dodged the bullet on RLX