Chainlink (LINK) - Oracle/middleware that connects smart contracts to external world

Alche

Robin
SamuelBRoberts said:
Alche said:
LINKs horrible ICO and lack of information gave me red flags and I avoided it since then. But since then it has gone 4x lol. So what do i know haha. Still will always avoid this token as I don't trust the devs anymore despite their project being interesting.
You're using your head in a hype-based marketplace. "Look for the super-hot ICO" and "Flip it when it goes live" has been the best strategy over the past month. (I 2x'd on Obsidian so not complaining here)
Well I look for projects that have potential to go 10-1000x. I made 2x just from trading this week. So waiting a 1-2months having my funds locked up for that long in an ico that may or may not increase and just getting 2x isn't something I'm interested in.
 

void

Pelican
SamuelBRoberts said:
I have been informed by people who make more money than I make that a double top in USD is very bad.
So I'm uh... un-retracting the retraction.
Thank you for your inputs. I did expect a correction got my lazy ass up and cashed out. My calculated re-entry point would be a marketcap of 108 Million, but it is dropping way too fast at the moment. With just eitherdelta and binance, it is quite a gamble.
 
There's been like 6 different YouTubers talking about it and it's seeping into Reddit now. It's slowly being accepted by the plebs there. 50 cents is being hit today. At this rate, might see 70-$1 before the convention.
 
There's been like 6 different YouTubers talking about it and it's seeping into Reddit now. It's slowly being accepted by the plebs there. 50 cents is being hit today. At this rate, might see 70-$1 before the convention.
Crazy part about it is I had over 40k Links. Sold all at 14 cents at a 2x. Should've held.
 

Bill Brasky

Kingfisher
Gold Member
SamuelBRoberts said:
Coin supply doesn't matter, marketcap does. Unless supply is 1 billion or over, in which case it just gets stupid. I hate anything with a 1 billion supply.

High marketcaps have certain advantages, less risk, more liquidity (And you won't realize how much you love that liquidity until you drop the price of your favorite microcap 20% by selling .05 BTC of it)

But yeah they're definitely less likely to see the crazy upside swings that the smaller ones have.
I don't know why people have such a hard time with this concept. Does anyone care how many Apple shares there are. No the care about market cap and the price of the share.

People get so fixated on the supply. It has to do with all crypto being compared to bitcoin where one unit is already at $4000+. It set the expectation that supply needs to be low to be successful.
 

Stun

Kingfisher
Gold Member
NewDayNewFace said:
There's been like 6 different YouTubers talking about it and it's seeping into Reddit now. It's slowly being accepted by the plebs there. 50 cents is being hit today. At this rate, might see 70-$1 before the convention.
Crazy part about it is I had over 40k Links. Sold all at 14 cents at a 2x. Should've held.
For any ICO, I sell 1/2 when it 2xs, 1/4 when it 2xs again, and the last 1/4 I usually hodl for moon or whatever. In the case of LINK I dumped it around 10250 on 10/6, because I knew it was going down and I would be able to buy back lower.
 
Spent some time on the ChainLink reddit, and for redditors they're great people: enthusiastic, knowledge and well-informed, and huge believers in the long term viability of the project, as opposed to people looking for a quick flip. If SIBOS were to be a success they could easily see 50% or even 2x gains from here, so strong is the power of their community.

They won't, because all alts are a lie and the entire market is doomed to collapse into dust and ash. In a few weeks they'll be howling and miserable, just like the stratis project reddit, or the obsidian project reddit, or... well, pretty much any other cryptocurrency reddit.

But if you want to see some rare optimism in the cryptocurrency community for once, go check out the r/Chainlink subreddit. It's a nice change of pace.
 
Sell the news. Guys I'm expecting a big dump after this news conference. This is a great project and I was one of the ones to invest heavy into the presale before you guys even heard of it it. But a lot of the whales are selling for profits now. I expect it to go down cents soon after this conference.

This isn't financial advise, I'm not a financial advisor.
 
NewDayNewFace said:
Sell the news. Guys I'm expecting a big dump after this news conference. This is a great project and I was one of the ones to invest heavy into the presale before you guys even heard of it it. But a lot of the whales are selling for profits now. I expect it to go down cents soon after this conference.

This isn't financial advise, I'm not a financial advisor.
If nothing else be RUTHLESS about taking profit.
 

CleanSlate

Hummingbird
Gold Member
If a pump from 40 to 50 cents is all there is, it’s a bit disappointing.

I already sold some at 45 cents into BTC (that was before BTC went into the upper 5k range). So I’m holding onto what I have.
 
Dumped my bags at the top. Only managed to do so because I woke up during the fifteen minutes this thing pumped for. I'm taking refuge from this madness in BTC for the foreseeable.
 
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