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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56700609 No.56700609 [Reply] [Original]

I'm 90% a Bitcoin maxamiist. I hold some ETH and a bit of LInk.There is really only one Alt coin that will also be essential IF a ETH or BTC ETH gets approved. There is no way for those institutions to move BTC around securely, frictionlessly, and with the option for anominity for the investors and accountability for them and the regulators. ONLY ONE. Maybe Quant but it's not decentralised and isn't actually crypto.


Wanna know what it is? Lets hear a few hello's and I will tell you.

>> No.56700621

Hello it's LINK

>> No.56700630
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56700630

tl;dr it's cardano
Verification not required.
/thread

>> No.56700707

>>56700621
I already mentioned Link. Link is actually a bad investment I dunno why this board shits it up with a large cap that won't rise much more than BTC. Also it's only needed for ETH and Defi not BTC.

>> No.56700711

>>56700630
Midwit Redditors....will you ever learn.

>> No.56700715

>>56700609
Rune I guess

>> No.56700740

Ok I will drop it now. My wife and kid want to go shopping so will post this quickly and go. You are gonna have to DYOR.


So it's Tectum. It's been trending on Coingecko for the last few weeks. It's still a low cap but is starting to get recognition. It's only a month or two out of ICO. So its fast, litersly6 if proven in its main net the fastest chain on the planet. 1.2 million transactions per second.


Reddit spacing. That's not whats important. It's its Softnote technology. It's actually a very simple elegant way to move BTC around. It actually doesn't move BTC around it simply moves ownership around so scalability simply sins an issue. Problem is BTC CANT scale on chain. LN is a joke, wrapped Bitcoin is a joke. Bitcoin as a payment network is a joke. Anyone running an ETH will need to move BTC around, regulated, investors will want anonymity. It has to be secure, fool proof and stable. This is the only way I can see them doing it without injuring massive transaction costs.


DYOR. im off to waste money on my gold digger wife.

>> No.56700748

>>56700715
RUNE is a brilliant project. I just don't think it's suitable for institutions. People need to wake up to how great RUNE is. gtg.

>> No.56700760

>>56700740
Ugh. Fuck off to the other side of the Mumbai slums and go pick up your kids.

>> No.56700810
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56700810

>>56700760
Blond haired master race checking in. Let's see your hands Ser.

>> No.56700892
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56700892

>>56700810
You're not fooling anyone.

>> No.56700904

>>56700740
Holy shit, what a joke thread.

>> No.56700947

>>56700810
HAHAHAHAHA HE POSTED PROOF BRUH

>> No.56700959
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56700959

bruh dont even fucking joke, LINK is genuinely a bad investment and its been shown and proven, whereas defi and nfts are doing ok rn, (we don't talk about polygon) but things like IQ protocol are worth looking into rather than that chink fucking coin

>> No.56700964

>>56700630
you should go back to r*ddit bud

>> No.56700969

>>56700609
>>56700707
>and a bit of LInk
>Link is actually a bad investment
gm ser how weather in mumbai dears ?
>>56700740 sui make it sar ?

>> No.56700988
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56700988

>>56700959
I was about to tell you the absolute fuck off but in a bull market is the only time it could be remotely possible to get into nfts so by all means do u

>> No.56701001

>>56700959
any link hater is based no matter what so based

>> No.56701009
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56701009

>>56700892

>> No.56701014

>>56700959
the absolute cope and delusion is too much for me im done

>> No.56701362

Its honestly too early for Tectum to be shilled here. This board is a fucking joke. So keep my fucking gem project out of your fucking mouth!! (Will Smith)

>> No.56701859

>>56700609
It's ARB and other upcoming L2s, also look into GambleFi y'all I mean Funarcade is one of many to be engrossed with.

>> No.56701873

>>56700707
SUPRA still the only oracle i'm looking at.

>> No.56702066
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56702066

>>56701873
Ser? Actually red pill me on them I cant find where its trading. I'm open to learn.

>> No.56702101

>>56700707
You do realize that chainlink provides a service right? Nobody transacts on the bitcoin network or ETH due to gas fees. You’re right on most of it for now because blockchain is still in its infancy but overtime as more boomers dump their 401k for bitcoins the more we have a need for a space with more than just as a store of value.

For example I’m holding my LINK in compound as a secured loan instead of selling my LINK for my Black Friday shopping. The only way you can actually secure a bitcoin loan through defi on a platform not hosted by bitcoin is with oracle price feeds.

For example you can use your bitcoin as collateral for a secured loan with a low apr. But bitcoin doesn’t have a service itself to perform that, that’s where chainlink comes in.

If you have any amount in saving put it in aave or compound as bitcoin and then you still have your initial capital.

If you wanna have insurance or be able to get anything done instantly to use NFTs, you can’t just use one chain or else you get insane gas fees like you see with ETH.

Overall from this price LINK is 5x from it’s ATH nearly as opposed to BTC or ETH ATH.

>> No.56702766
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56702766

>>56702101
>You do realize...

You fucking Redditors really have ruined my board. Hey faggot. I bought Link in 2019 for about 70 cents. Most early investors from biz fucking dumped on Reddit (kept like 10%) Now you come here thinking you are some kind of autist Link genius holder. you are the midwit who literally bought my fucking bags....NOW FUUUUUUCK OFF. This board is for making real money not 5x you sad faggot.

>> No.56702812
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56702812

>>56700707
>I hold link
>link is bad

>> No.56702840

>>56702066
It's not trading yet (pretty sure). It just finished the public sale round but it's not on exchanges yet

>> No.56703103

>>56700740
>litersly6 if proven in its main net the fastest chain on the planet. 1.2 million transactions per second.
we already know those tps metrics are faked and do not represent real transactions on a live blockchain

>> No.56703121
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56703121

>> No.56703219

>>56700740
>>56700609
>just trust our SoftNote encryption bro

>> No.56703230

>>56700630
Hahahahahahaha