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25544310 No.25544310 [Reply] [Original]

... is it really going to pull a ETH rally?

>> No.25544325

Yes

>> No.25544362
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25544362

>>25544310
No, fuck off, I'm shorting since 13.50

>> No.25544368

>>25544310
Please for the love of God.

>> No.25544370

>>25544310
Anytime now

>> No.25544391

>>25544310
no eth is going to pull a eth rally

>> No.25544451

>>25544391
Finally a voice of reason

>> No.25544474

it did. from 20 cents to $20.

>> No.25544521
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25544521

>>25544310
Honestly these next few months are perfect for LINK to pull a ETH style rally.

We are massively down in btc but we are just consolidating in USD. We are at basically the same price point ETH was at before its massive rally. Alot of the new fags that fomo'd into link on the rally from 5$ to 20$ are gone. Only the true believers and insiders are still accumulating and holding right now. It's honestly going to be crazy seeing link go to $100 USD and seeing all the cope and regret from people on this board for not keeping at least a suicide stack, and then link will just keep going up, 150, 200, 300, 400, 500. It's really going to be wild.

Of course it is not a sure thing, we could just keep bleeding in sats for another year or so before link does anything of note. That's why I am not all in, I simply cannot stomach the risk of it. I'd rather be majority in bitcoin and enjoy the risk free gains it will bring in the next decade.

>> No.25544597

>>25544521
I wish

>> No.25544613
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25544613

>>25544310
yes?

>> No.25544650

>>25544521
its going to happen, bros. keep the faith

>> No.25544666

>>25544362
>anon shorting his pocket money into the wind

>> No.25544766
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25544766

>>25544391
>>25544451
yeah, because the third big crypto revolution is totally going to be L1 smart contracts, just like the previous one lmao

>> No.25544860

>>25544521
Eth was fulled by ICOs and therefore the demand was very high. Retail does not has any reason to buy link, its truly a backend token which will probably underperform this cycle against btc.

Discuss.

>> No.25544915

>>25544521
Shit bro. Im just 10x away from euphoria. Stop teasing.

>> No.25544929

>>25544860
You might be right, yeah. But the growth of ETH was not just fueled by ICO's

>> No.25544981

>>25544929
What was causing the buying pressure then?
I see hope for link if staking gets released and the company will bootstrap it with reserved tokens.

>> No.25545010

>>25544860
>>25544929
>Eth was fulled by ICOs
95% of which are useless without Chainlink.

>Retail does not has any reason to buy link
What are neet nodes.
What are individual smart contracts.
What are institutional smart contracts with private users.
etc.

>>25544929
>But the growth of ETH was not just fueled by ICO's
What really sparked ETH's boom was the announcement of the EEA; which is useless without Chainlink.

>> No.25545140

>>25545010
>95% of which are useless without Chainlink.
Agree fully, but with OCR requests will be cheap and thus reduce the buying pressure.

>What are neet nodes.
Nodes are too difficult to set up for retail.
Its not that you need to buy link to interact with the Web3 ecosystem, but you need ETH for it.
Its abstracted away and will be used by dApps internally paying in stablecoins, so its a backend payment token basically. Again not retail but developers, companies than get into Web3.

>What really sparked ETH's boom was the announcement of the EEA; which is useless without Chainlink.
Will link have a CLA or some form of foundationg? That was subject of speculation a year ago here.

Staking might be the enabler for link to become a fusion of backend and retail token. Lets see how it will be implemented. Exiting times nevertheless.

>> No.25545143

>>25544860
what's better than being fueled by ICOs?

actually being needed to fuel smart contracts. smart contracts are here, they will inevitably be the future and there's literally only one middleware framework out there ready and already securing billions of dollars in defi, which happens to just be the tip of the iceberg.

the very same rally that's driving bitcoin isnt retail and LINK's inevitable monster rally will be fueled by people actually building. not you, the retail pleb

>> No.25545230

>>25545143
Agree, but with staking and lending and the mere price action, plebs like us will make this run even bigger. I am fucking exited about the virtuos cycle working of full force.

Thanks for the reminder anon, I forget sometimes links dimensionality.

>> No.25545269

>>25545140
>but with OCR requests will be cheap and thus reduce the buying pressure
OCR reduces the demand for and thus cost of L1 operations, not Chainlink node operations.
OCR requests reduce nothing when it comes to Chainlink node operations, so the demand for Link is completely unaffected.

If anything, OCR will drive up demand for Chainlink node operations (and thus Link tokens) since the whole thing becomes cheaper.

>Nodes are too difficult to set up for retail.
But buying ICOs was so easy?
Setting up a node is becoming easier with each passing day. The UI will be click&play.

>Will link have a CLA or some form of foundationg?
Who knows.
But what made the EEA so bullish was the names of big financial institutions, not the foundation in itself.

>> No.25545315

>>25545230
of course. LINK is about to be the greatest liquidity blackhole once staking goes live

>> No.25545322

>>25544860
xrp reached eth's mc at the peak, and link promises more and is 10 times better.

>> No.25545332

>>25544860
Brainlet-tier take. If you had been here in 2018 you would’ve seen this exact topic debated to death. I’ll recap for the newfags. ETH’s moon was fuelled by shitcoins and Chainlink will unleash a new wave of shitcoins that can utilise oracles as well as institutional adoption and staking which will drive the price up. Chainlink gets a new integration practically every weekday. There are literally hundreds of teams using Chainlink and all of them need to buy link to function. The prediction is already starting to come true and anyone who has read this and not all in on link is retarded and doesn’t deserve to make it.

>> No.25545399

>>25545269
I agree.
Will it be a mistake to dca out into btc, once we get a grip in sats? I am trying to play the long term. As it seems Link might be different in that it might outperform btc in the longterm, whats the conensus among og on this topic, never selling?

>> No.25545403
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25545403

Chainlink performed its 0.20- 20 dollar more in a crypto asset bear market. Right now it is cooling off whilst btc and eth have their runs. But make no mistake, Chainlink will comeback with a vengence and it will eventually go to $1000 USD

>> No.25545456

>>25545332
Likewise with GRT?

>> No.25545680

If there are threads up, the price is going up. It's not really the other way around.

Ofc this is a FUD thread not a WTFWT thread

>> No.25545762
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25545762

>>25544860
he doesnt know about deco

>> No.25545897
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25545897

>>25545403
ONE KAY ENDO YER

>> No.25545999

>>25545399
The third big crypto revolution will be the confluence of crypto and mainstream finance.
It's happening at a rapidly accelerated rate with things like countries and central banks actively developing things like stablecoins.

This phase is only just getting started, and legacy-endorsed and blockchain-agnostic crypto/legacy connectors (of which Chainlink is the biggest and most promising) will be at the forefront.

>> No.25546126

>>25545999
Checked and linkpilled.

>> No.25546344

>>25545399
>>25545999
NEIN NEIN NEIN NEIN NEIN

>> No.25546421
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25546421

>>25545999
checked

>> No.25546654

>>25545140
Chainlink is already involved in the WEF and several other enterprise “alliances”

>> No.25547348

guarantee $70-$120 each in 6 months

>> No.25548033

>>25547348
I'll give it another year.
If it doesn't break 20$ i'm selling it all and dumping it into ETH...

Sergey has been acting really sus these past few weeks.

>> No.25549037

>>25544860
Ethereum is limited to just moving tokens around without oracles. We are not going to have another retard parade of shittokens.