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re: Official CryptoTalk Thread

Posted on 8/12/20 at 6:38 pm to
Posted by Codythetiger
Arkansas
Member since Nov 2006
30326 posts
Posted on 8/12/20 at 6:38 pm to
frick I'm waiting to buy a dip, if it even will
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 8/12/20 at 6:40 pm to
The dip was 12
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 8/12/20 at 6:50 pm to
quote:

I've got 99 problems but LINK aint one.. $12 and sell Or better to take profits now and rebuy more mid $10's..



how'd this $10 rebuy work out?

ETA a prime example of swing linkers getting wrecked.
This post was edited on 8/12/20 at 6:52 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 6:52 pm to
quote:

Apparently he had enough to retire comfortably at the time.



He also never said this. He was very vague to the point of making me very skeptical.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 6:54 pm to
quote:

Oh stout was there for all that, he’s implying that wiki was lying lol




No. I'm saying people ran with a narrative and Wiki never did anything to change people's minds. People assumed he had made millions despite him never saying so. He stayed very vague.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/12/20 at 6:56 pm to
Stout I know we argued a bunch about Link. Did you get yourself a bag and make some money??
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 6:56 pm to
quote:

how'd this $10 rebuy work out?

ETA a prime example of swing linkers getting wrecked.



In fairness all crypto is in another pump bubble. It'll all come back down eventually even LINK. All crypro is weirdly cyclical.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 6:59 pm to
I have some. Swung trade some and kept some. Nothing to write home about because I have been investing my money in building a mobile home park to fund my retirement.

I missed the under $1 buying opportunity unlike you. I do have over a million VET still. Ready for it to take off one day.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 8/12/20 at 7:04 pm to
quote:

In fairness all crypto is in another pump bubble. It'll all come back down eventually even LINK. All crypro is weirdly cyclical.



maybe. even after the bubble burst last time I feel like most coins were worth more than pre-bubble 2016 value. and link has done phenomenal before this past 1-2 month skyrocket.

although I do kinda think were in a copycat 2016 bubble kinda thing. I do kinda have a plan to liquidate 1/3 of my holdings around november if it still keeps looking this way. I think we may see these types of booms post-BTChalving in the future although maybe not as dramatic peaks and valleys.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 7:08 pm to
quote:

I think we may see these types of booms post-BTChalving in the future although maybe not as dramatic peaks and valleys.


Some leveling out would be nice but I'm skeptical when you consider all markets (not just crypto) have been in historic volatility cycles. Plus, what would be the driving force to finally bring stability? More adoption?

I hope you're right so we can all make money. I missed on LINK but have some long term plays in mind.
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 8/12/20 at 7:20 pm to
quote:


Some leveling out would be nice but I'm skeptical when you consider all markets (not just crypto) have been in historic volatility cycles. Plus, what would be the driving force to finally bring stability? More adoption?


bitcoin halving -> relative scarcity. should make the bottoms higher. more adoption would help too. I think both are happening.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/12/20 at 7:30 pm to
Link integration into China Blockchain Service Network basically started this Link rocket. Since then t-mobile announced being a node operator, Coca Cola announced integration and every DEFi project is needing Chainlink Oracles for price feeds. Still have SmartCon, Staking, Oracle Startups, Swift, and about twenty more breadcrumbs ready to unravel.

Or I’m just delusional and this will all come crashing down
Posted by AMS
Member since Apr 2016
6535 posts
Posted on 8/12/20 at 7:41 pm to
quote:

Or I’m just delusional and this will all come crashing down



itl be a cool story building and squandering an unrealized fortune if so.
Posted by shackleford318
Altoona, pa
Member since May 2020
708 posts
Posted on 8/12/20 at 7:55 pm to
The cats out of the bag, there’s no stopping tech evolution.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82132 posts
Posted on 8/12/20 at 8:12 pm to
Must feel amazing sitting on over $1 million of LINK right now bro. Congrats
Posted by stout
Porte du Lafitte
Member since Sep 2006
180479 posts
Posted on 8/12/20 at 8:12 pm to
quote:

Or I’m just delusional and this will all come crashing down



Probably not because you have been on LINK from the start. Maybe it's purely coincidence that it is moving with an entire crypto pump. Who knows?
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 8/12/20 at 8:18 pm to
I wanted to go back and show the post however wiki has 16 pages of nm post in relation to crypto now.
Posted by AUCE05
Member since Dec 2009
45193 posts
Posted on 8/12/20 at 8:19 pm to
Taxes
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 8/12/20 at 8:25 pm to
In an earlier 2013 thread Wiki hints he had close to 10k with of bitcoin and at $200 he was doing well.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/12/20 at 8:26 pm to
quote:

Must feel amazing sitting on over $1 million of LINK right now


That’s what I should have but mistakes were made along the way
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