Lemme explain, get comfy, don't panic.. if you have over 1k dollar value in LINK you made it. This is how it's going to go:
>The Chainlink network deploys during the next 3-12 months (just factor in difficulties, as the team said, it has to be perfect). >The circulating supply goes down by 80% through staking and the CNBC crowd tries to FOMO in on the remaining tokens already at 20$ a pop because of confirmed partnerships and working systems using the network. >As we enter the 3 digit $ range more and more capital enters the crypto market thanks to LINK and all your other shitcoins reach another peak, sell them at that point, only keep REQ as a souvenir for the fun times you had on this board. >LINK has now casually reached 1000$, it's 2020 January. >Meanwhile the biggest bubble of all time, the China and US markets and the housing market, completely crashes. People get liquidated left and right. >You now should have a couple of million dollars in LINK, it's time for the last trade. >Buy the -75% to - 85% houses and property, keep a little LINK in your node. 200-400 LINK should be enough for a pretty dominant node that covers your luxurious life expenses forever. >The housing market recovers, you make another 10x on it, LINK finds its mean at around 2350$. >The year is 2021. >In August of that year you are worth the amount of LINK you own right now x100,000 if you kind of averaged these movements. >The wealth transfer from boomers to 30yo boomers is now complete.
See you on the other side, eating all kinds of 10/10 ass. All kinds.
Subway is absolutely disgusting, overrated and way too expensive. I'm gonna throw some pennies at you though, you've almost made it but couldn't commit. Even if you fuck up and just keep some link somewhere safe for 3 years, you'll be able to provide for a family without breaking your back.
Aaron Campbell
I dont even have $1k worth of LINK
I spent $1500 and only got 2k LINK bc january buyer
Adam Torres
>"cnbc crowd"
there will be no crowd fomo. This coin needs its holder to actually participate in the network and is some of the most technical heavy coins out there. The crowd will not do anything but leech off the work the node operators have done to build the health of network.
Link whale here. Even Augur isnt pumping after releasing a legit product, therefore nobody will care about chainlink mainnet. At least, not until Bitcoin goes to 20k and beyond. I just really fucking hope mainnet is completed before eoy. I'd rather be a node operator than going back to wage cuckin'. I just need to make 10k/year and that should be possible with my large stack.
You guys realise that you don't just 'stake' LINK right? You actually have to provide a service for which other people are willing to pay, and you have to have the technological know how to do all this, and to be able to get the data reliably. For the first couple years I think less than 10% of the total LINK supply will be staked.
Joshua Baker
fucked m8. you can still buy more while it's sub 20 cents
Lucas Davis
Buy isn't the circulating supply already barely being touched? There is so little trading compared to the circulating supply, nearly all are being hodled for staking
Isaiah Perry
According to that logic, I'll be able to get many contracts and accumulate because hardly anyone is staking.
Elijah James
there won't be any contracts for you to get. There will be hardly anyone making data requests for the first year or so...
Brody Brown
It's likely going to be just like running a masternode. Probably not that big of a deal.