Sbp
Superstar
Get rid of the bullshyt. Convert to stables or bluechips.People talking about loading up during the bear market and I'm over here considering getting rid of shyt.
Get rid of the bullshyt. Convert to stables or bluechips.People talking about loading up during the bear market and I'm over here considering getting rid of shyt.
Get rid of the bullshyt. Convert to stables or bluechips.
One of the clear signs of a crypto bear market to me is when scams go up, and uh yeah they are up in abundance.
The current tokenomics of link are supposedly very shyt (nodes selling for profit etc) and the token itself hardly captures the utility of chainlink. So up until now the price has been driven largely by speculation, staking is supposed to be when the switch is flipped on the tokenomics. I'm not the most technical with any of that shyt but from looking at the tweets on crypto twitter once that is finally launched there will be a lot more demand for the token along with reduced selling pressure. I'm not worried at all about my investment and there's no doubt in my mind that it won't be three digits by 2024 if the ccip/staking is what it's cracked out to be but sometimes my emotions get the best of me since i bought during the fake january pump so won't be breaking even until were above the $20-22 range. Roughly at a 100k lossHere's my issue with Link.
Look at the pic I posted of BTC where the pitchfork pointing up. This shyt pointing down. And hasn't been at the top of the channel since November. Luckily its avoided the green 0.5 line but has been lingering along and down the median for too long. Every run up has been shorter than the other. Who knows if the next one may even clear $16. They say there are rumors of staking coming soon. Hopefully there is cuz I see no hope for recovery on it for the short term unless something major happens and it crosses over the top green line and maintains itself above it.
The current tokenomics of link are supposedly very shyt (nodes selling for profit etc) and the token itself hardly captures the utility of chainlink. So up until now the price has been driven largely by speculation, staking is supposed to be when the switch is flipped on the tokenomics. I'm not the most technical with any of that shyt but from looking at the tweets on crypto twitter once that is finally launched there will be a lot more demand for the token along with reduced selling pressure. I'm not worried at all about my investment and there's no doubt in my mind that it won't be three digits by 2024 if the ccip/staking is what it's cracked out to be but sometimes my emotions get the best of me since i bought during the fake january pump so won't be breaking even until were above the $20-22 range. Roughly at a 100k loss
Anyone who's had six figures in crypto knows how wild your net worth fluctuates during those swings but when there is a pump it's fire your boss vibes
Hearing New York banning bitcoin mining. Wonder what effect that would have not just on the industry but the city in general. Lot of people from up there are moving down to Miami, Texas, and other cities in the south especially with the WFH capabilities and chances to have larger homes out here. Can get a single family home for cheaper than an apartment in NYC. Tho NYC has lots of benefits so I guess it depends on the person. With all the tech and jobs plus ability to mine in other states, its a tough choice to ponder. Feel like thats whats happening in Cali. Lots of tech companies looking to move out of there to Florida and Texas or elsewhere. High taxes, high COL, lots of crime in the Bay Area, plus the homeless situation, I'm sure will continue to keep driving people away and businesses also. Tech companies leaving Cali hurts big time cuz I'm sure those are some of the biggest employers in the area. Plus they bring in lots of revenue to the state. I think Cali has state taxes. I believe New York does. Florida doesn't and don't think Texas does either. Lot of money gonna be leaving NY if they ban bitcoin mining officially with other states looking to capitalize. I know they already got limits on trading or something like that from what I heard in the past from @ORDER_66 . Think they ban some exchanges or coins or something like that.
link?Hopefully everyone joined the discord, if not I'll make another. In case I don't see y'all come Monday.