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/biz/ - Business & Finance

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3647470 No.3647470 [Reply] [Original]

Just bought LINK on Binance. Am I too late to the party?

>> No.3647484

>>3647470
>late

this coin is gonna be in the $100-500 range in some years

>> No.3647488

>>3647470
Ultra Jews have listed Sergey's project out by name 2 years ago as the next big thing for the blockchain. The World Economic Forum has a 60000 USD membership if you are a regular person. 20000 USD to even go to one of their events.

>http://www3.weforum.org/docs/WEF_GAC15_Technological_Tipping_Points_report_2015.pdf#page=24

It is getting a premier demo with their work so far with SWIFT, will they continue the world with SWIFT, who knows, but the level of exposure it will get from actual institutional players when their money is coming on board is priceless. You roll that dice and you win, you'll be on the level of early adopters of BTC/ETH

>https://www.sibos.com/conference/conference-programme/bridging-dlt-and-swift-messaging-smartcontractcom-innotribe-industry

There is incredible amount of noise around smart contracts, oracles and distributed ledger technology and they are all looking for something that ChainLink can do. ChainLink is a middleware that can connect all the isolated dots in the blockchain world and the real world.

>> No.3647515

>>3647470
someone needs to make a pink wojak version of this

>> No.3647532

You're late to a quick flip, you're not late to the comfiest hold of your life.

>> No.3647540

Ripple started with a 30m marketcap.

>> No.3647543

It's not $20/LINK OP, you are an early adopter

>> No.3647544

There's a bag holder born every minute friendo. Maybe you will be up by christmas.

>> No.3647590
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3647590

Lol its not even worth $1. You're gonna make it OP

>> No.3647681

How can I buy link? Pls, newfag who wants to hop on this.

>> No.3647690

>LINK on Binance

What

>> No.3647701

>>3647681
either EtherDelta (not recommended) or Binance

>> No.3647716

>>3647701
I have no coins to my name, I only have USD. Will it allow me to exchange them? I've looked and so far it says I can't trade for USD? What is the best route? Thank you.

>> No.3647741
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3647741

>>3647540

>> No.3647743

>>3647716
you could use Coinbase to get some Ethereum then transfer it to Binance but I don't think its the best place and I don't really know of any other places to do it

>> No.3647765

>>3647690
Yeah, I was looking at shitcoin charts and I just saw the LINK box icon. I spat out my coffee and bought some.

>> No.3647778

>>3647743
how long does the coin transfer take? usually?

>> No.3647788

>>3647778
couple minutes

>> No.3647797
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3647797

>>3647788
>been pending for over 10 minutes
Tell me I'm not going to miss the party.

>> No.3647812

>>3647797
party hasn't even started m8

>> No.3647844

>>3647812
i think I'm retarded
I just transfered .018btc from bittrex to binance using the address in the deposit section under the funds heading. Did I just fuck up?>>3647788

>> No.3647874

Stupid question, don't have to give up my information to exchange on coinbase? Why are they asking for my SSN?

>> No.3647981

Someone please shill me on LINK, why should I spend my profits from buying ETH @ $17 to buy some?

>> No.3648010

>>3647844
yeah it just took fucking ages

>> No.3648013

>>3647470
No. Don't sell them until you got a 20x.

>> No.3648038

>>3647488
>pdf

this is very interesting(not just the crypto part). thank you anon

>> No.3648071
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3648071

Right lads, I now own 943 of the little bastards. When will they be worth 1000 each?

>> No.3648083

>>3647470
It's not quite a quarter a coin, yet. Should I buy 3,000 of 'em?

>> No.3648092

>>3648071
buy more, im holding like 7500 and feel its way too low. im drooling at these people posting portfolios with 150k+ link they're going to lambo town

>> No.3648098

>>3648071
I will have 120 million dollars if they do

>> No.3648112

>>3647874
most centralized exchanges want a shitload of verification info its gay as fuck if you already have one primary exchange you use and then have to sign up to different ones because they offer specific coins you want. Pain in the ass. We need a huge decentralized, reliable exchange that's much better than etherdelta

>> No.3648115

>>3648092
Don't think I can go any deeper, I'm a student, only have a bit of cash to throw around.
Side note, where should I be holding these? I can't seem to find a wallet for them?

>> No.3648119

>>3648071
2022+ if it takes off

>> No.3648127

>>3648115
MyEtherWallet

>> No.3648144

>>3648112
So these are my only options to get into the coin trading? I see. I want to put in my next paycheck and actually try my hand in this. So far you haven't had any trouble with hacking or theft with websites like coinbase and such?

>> No.3648161
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3648161

>Binance

How many FUCKING exchanges to I need? I already have Coinbase, Kraken (trash, don't use), and Bittrex. Do I need to get into Binance now too?

>> No.3648200

>>3648127
Thanks lad.

>> No.3648224

>>3648161

Is it really that hard? Maybe soon Cuckerburg will add an exchange to Kikebook to make it easier for you.

Btw Binance has the best UI of any exchange IMO, so it could be worse.

>> No.3648226

>>3648188

fill it out

>> No.3648231

>>3648144
i'm somewhat new to it myself, started about 4 months ago. It can seem daunting at first, lots of fear, uncertainty on exactly what to do or where to put your money or who to trust, etc.

So far it has been a good experience for me though, no theft/hacking or any of that. I ordered a "Ledger Nano S" which is a hardware wallet (like a USB drive but with a small screen on it) which is basically hack-proof, can use it even on a compromised computer and still run no risk, there are similar hardware wallets (Trezor, etc) that do similar. I'd look into buying one if you plan to invest heavily into crypto ($5-10k++) because it offers huge peace of mind.

If you're dealing in smaller amounts or just doing it as a hobby there are fairly safe software wallets, the popular one is MyEtherWallet where you can make an account, you'll save your JSOP file/private keys and never give those to anyone and you use that as your "vault" basically where you send all your coins. It's generally not a good idea to leave large sums on exchanges just incase the exchange were to go belly up or do something shady internally, as happened years back with MtGox for example.

Anyway when you first start up you'll want to find a reputable exchange that offers USD deposits/funding, you'll need to provide them with personal information to verify who you are, they may want copies of your drivers license, proof of address, etc. which is common for most big centralized exchanges. After you provide the info it may take them some time to verify it (in my case I had to wait like 3 days) after that you're able to start depositing through whatever various methods they allow. There's always going to be a small % funding fee as well, all of these exchanges make their money through small fees.

Once you're signed up with that particular exchange and verified you can start trading your USD for the crypto that they offer on that exchange.

>> No.3648281

>>3648231
and to add to that, once you're signed up with your primary exchange and making trades, occasionally some smaller/new coin like LINK being discussed in this thread will hit the market, but only be offered on a select few exchanges at first. You'd have to sign up to the exchange that coin is being offered on (sometimes having to go through a verification process with THAT exchange) and then send some of your funds/coins to that exchange wallet address so you can buy there, and then send your acquisitions to your personal wallet. So there can be some annoying hopes to jump through when you start getting into those kinds of scenarios, but again it becomes easier once you've done it a bit. I think there are also some tools/browser extensions for managing this kind of thing (Meta Mask or something?) but I haven't gotten into that much myself.

>> No.3648314

>>3647716
Register with Gemini. Do this now.

>> No.3648448
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3648448

>MFW ultrapoorfag and can only get 200 coins without risking personal security

Well, pocket change is pocket change if it moons.

>> No.3648493

>>3648281
Thank you very much. It was very helpful. Good luck in your endeavors.

>> No.3648642

>>3648161
Binance and Bittrex is what I use. Everything else - AVOID. Especially ED.

>> No.3648668
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3648668

>>3648448
FUCK YOU.

>> No.3648848

>>3648224
Not hard just annoying, especially when they charge fees for transfers, don't all trade the same coins, and many don't take the same payment methods (e.g. Coinbase is the only one of the 4 I mentioned that takes direct CC purchases).

>>3648642
Already noticed Kraken is trash, dies whenever there is high traffic AKA when you don't want it to die.

>> No.3648905

>>3647484
HAHAHAHAHAHAHHAHAHAHAHA

$50, maybe. $10, more likely. Most likely scenario, in the range of $1-$5.

>> No.3648951

how is the price now compared to ico price?

>> No.3648965

>>3648951
ico was 0.00038 eth

>> No.3648978

>>3648905
nah, in a few years it will either be $100-10000 or worthless. Likely worthless.

>> No.3649000
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3649000

>>3648965
is it below ICO price now op above? by how much? not buying if more than x2

>> No.3649006

>>3649000
it takes 2 seconds to find the price, anon

>> No.3649046
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3649046

>>3649006
just tell

>> No.3649048

>>3648905
You dont know shit breh - $5 lol

>> No.3649063

>>3649048
You know either about as much about the future as me or less than me. So your predictions are either worth as much as mine or less.

>> No.3649181

>>3649063
Very true. Everyone's more or less equal with just the slightest variations. It makes me laugh when I see the political discussions about Trump, "he's such a goddamn idiot!!!", no, he's most likely just as intelligent or more intelligent than you are, at the very least he's average. The same is true for pretty much everyone in every subject outside of physical prowess.

>> No.3649291
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3649291

>>3649063
>You know either about as much about the future as me or less than me.

>> No.3649308

Bought link for 30Euros, I'm set for life.

>> No.3649738

>>3649308
How are you that poor?

>> No.3650026

>>3649291
so you know less than him. nice

>> No.3650284

this shit is never even breaking $1 LMAO retards are talking about $100+ hahaha you linkies are delusional as fuck

>> No.3650496
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3650496

>>3647470
No dw, its still below ico price, you're good

>> No.3650512

>>3649046
below, brainlet

>> No.3651349

I have ETH on kraken, how to get link? Etherdelta?

>> No.3651394

>>3650496
what was ico price

>> No.3651429

FOMO really draws out the dumbest fucking people.

>> No.3651487

>>3647470
Licking
Ignorant
Nigger
Kocks

>> No.3651520

Piece of garbage. Buy BNT instead and retire when it hits 500$ in 1-2 years.

>> No.3651524

>>3650496
Yeah, wasnt ICO price 0.10/0.15$ depending on how fast you got in, so it's still above that

>> No.3651916

>>3651394
1$/link

>> No.3651983

>>3651916
its dropped that far???
what garbage.

>> No.3652005

>>3651983
Yeah, sucks.

>> No.3652048

ICO ten fucking cents you morons

>> No.3652064

>>3652005
why are people shilling this garbage?