Only 35 000 people can own 10 000 links

Only 35 000 people can own 10 000 links.

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for now, eventually it will be 100,000 people

what about the other 650m out of supply

>implying 35000 people would even WANT chainlink
kek

oHly shit. Even 100,000 people or whatever at the total....I never looked at this way. I own 10K, but jesus christ. This is going to get real in years to come. thanks for the perspective, user.

LINK threads comfiest threads.

Do you think they'll just allow 100,000 people to become millionaires?

On average, yes. The number is a bit smaller considering there are already marines holding well over 10K.

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Who are they and why do they care about 30,000 people gaining wealth?

95% of the CL supply is locked in wallets with well over 100k LINK. CL will make 500 companies/early investors extremely rich, and make a lot of anons be able to afford a nicer car.

This type of stuff scares me and makes me think we have a while until we reach real money like $1000 each.

Idk bout this 1k meme but it is going to take a while. It needs to prove itself before adoption happens.

Dude I have all my eggs in the link basket, please don't delude yourself. 1000eoy is 2025 at the earliest.

Jesus fuck all of biz is absolutely brain dead

Yeah I was thinking that kind of timeframe. But we have no clue where smart contracts will go from 2020-2025. Adoption could be swift and quick with the cost savings realised. Or it could be a slow process

Just be patient why is it so imperative to have those millions *now*?
Try and get your life in order till then and don't think about it so much.

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It's a shame you were here brother but didn't see the big picture of what data fed smart contracts can provide.

Comfy post user

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I'm thinking - and expecting slow, and largely behind the scenes. If I'm wrong, well fuck, I'm only richer sooner no harm done.

The number will be more like 10000 thousand because so much LINK will be hoarded in the millions by corporations, pools, etc...

Ten thousand thousand?

The thing that blows my mind is that LINK just has to be $6 for me to have a million dollars. $6 is like, not even a fantasy, it's inevitable. $12 and I have TWO million. What the fuck is that? This can't be real life.

Checked

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only 10 million people can have 100 LINK. let that sink in

To be honest nobody knows. It's like imaginig in the year 1992 what the internet would be capable of. You would have never thought of people livestreaming while they are playing pokemon go and getting payed for it.

what makes more sense. letting 100,000 people become millionaires...or letting 1 man become a billionaire 150x over...its pretty unrelated but fuck jeff bezos. sergei is my dad

I´m not a pajeet but I read somewhere that everyday a pajeet in India reaches billionaire status. The biggest thing to let go is the idea of scarcity. Money is in abundance just look around you. all the buidings and shops, cars and factories, there are millions upon millions of dollars standing around, being prooduced and being spent. If an implemented idea like chainlink can gain traction and create value for people around the globe then 10.000 or 20.000 people becoming millionaires is absolutely nothing in the grand scheme of things.

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dont forget the autistic weaboos from 4chin

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What's the purpose of having 10k link?

Only 34991 now since I just bought 100k, thanks.

here, Yeah but Bezos made a shit ton of money because he's the biggest asshole in the universe and a great businessman; Sergey is at best Steve Jobs, he's a CEO but isn't technical so at best his idea will revolutionize an industry, But, it can be at maximum compared to Apple if the iphone was opensource.
I'm all in on LINK obviously (24K poor student stack), and will hold with adamantium hands, but it just seems so unrealistic that my unlucky ass will become financially independant in a few years.
It also seems unrealistic that we won't have competition the same way Ethereum has many better projects building similar better networks.
The problem with Sergey is that he's a good guy, he genuinely seems to care about the guy who finds oil in Zimbabwe and needs a contract or something, so I imagine he'll be happy if some competitor builds another network with another token.
Damn, I just can't believe I'll become rich.

>Sergey is at best Steve Jobs, he's a CEO but isn't technical so at best his idea will revolutionize an industry,

Steve Jobs was charismatic and didnt hide away from the public only posting a few lines of nothing in a private slack channel one every 8 months.
You linkies are so fucking deluded.

By the way this shitcoins total supply is ONE BILLION

To become a millionaire when LINK reaches a 35 billion market cap. $2000 now can make you a millionaire within a few years without doing any work.. let that sink in for a minute.

35000 - 1 = ?

the brainpower of LINK faggots is amazing.
Hint: It's not 34991

What happens to the 650m? When does it enter circulation?

You are both retarded, only 34990 left because he bought 100k

3 things:
What he posted is a meme.
What you posted is probably bait
His math is correct

should think before you type. he bought 10 times the amount OP stated. which means he (1 person) bought so many coins that 9 others can't have their 10k coins. hence 35000-9
stay poor dumbass

He is is included in the original 35000, so it's 9 less

>But, it can be at maximum compared to Apple if the iphone was opensource.
Well see what Samsung and many chinks did with the smartphone, they took a huge chunk of the market value, now imagine if the chinks figure out that Western banks are making a lot of money with smartcontracts, and they just copy/paste link's github and put 200 chink devs on it 24/7 until it's 100 times moroe efficient, and since it's decentralized, won't it bring the price of link down ? desu idk what the fuck I'm talking about... I'm just stressed since I failed my masters this year because of crypto and a roastie and I can't believe in a few years I won't need it.

>just copy a decentralized network
when will this meme finally die?

That makes no fucking sense. There is a 350M circulating supply so that means 35k people can own 10k. He just bought 100k so there's only 349,9M left, this means that only 34990 other people can own 10K.

Damn.. that's painful to read. Also, everybody can copy btc code for exAmple. Some forks succeed and suck on the btc market cap a bit. But you have to understand this is an adoption+trust+confidence+safety business LINK is stepping into. You could connect APIs to contracts but noone would trust you because there's no collateral since the price is nothing, and easy manipulation of data could occur.

He is one of the people who now own at least 10k. It's like when there's 5 apples. I buy all of them. Now only one person can have at least an apple and that's me.

I go on Jow Forums every day to read LINK threads and this is the most retarded thing I've read in months. You could apply this logic to any industry.

50 IQ here frens, no bully plz

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You take this yourself user? Blessed cat, we're all gonna make it

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For the last time, link is MIDDLEWARE. No one wants to develop their own if there's an existing solution. Most devs would prefer a plug and play solution, which is what link is. Do you know how much effort it takes not just to develop the infrastructure, but to build a healthy network of operators? It's not something that can be copied overnight. But yes, there probably will be some competitors. It's just that link has a lot of advantages by being first.

Also if the copied token has no big market cap and big volume(which is needes for a more stable price) then the collaterals can be manipulated as well. For example they can pump the price, make a high value contract and feed it wrong data, dump the price and now the collateral is worth fuck all.

and im one of them

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the best attempt at copying a decentralized network is bitcoin cash. BITCOIN CASH. It's just not going to happen

The only way it could happen is if a competitor offered significantly greater utility before link could implement those changes. Like if link is super slow because of eth and someone builds a copy on some super fast platform. But even then link could probably port to the same platform and do a token swap faster than users could migrate to the new platform. So really any competitor would have to be better by being different from the ground up.

More generally, there's no real value in a copy, because there's no real difference in any sort of functionality. Any sort of copy of a decentralised network doesn't really work unless there's a clear difference between the original. Not a straight up improvement, because then it would just get copied and implemented in the original network. But something of value that can't be implemented by the original. In Bitcoin and ethereum it was differing views on what the network should be like. I can't think of anything like that for link.

>1st part
that won't happen
also, the time spent on partners (or customers) isn't taken into account in that scenario

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This is so comfy pic

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this. Linkies are the most deluded cucks on planet earth. They atctually think normies will dump their hard earned mony into ChainLink to make you autistic losers a millionaire LMOA

Yes and sergey is quiet buecase he hasnt got a clue what hes doing and a competitor with more intellect and capital will blow ChainShit out of the water

>muh boogeyman keeping me from being rich

Not how the world works

>people selling drugs online a few years ago are now millionaires
laffing my oss aff

Why you think they'll all dump at once? You have to understand that people with that much link truly believe in this project and want to see it through not only for profit sake but rather they truly believe in it from a moral/philosophical perspective. There's a lot of unethical business practices that allow people to leverage their control/insider knowledge to the point where they can manipulate and placate people into doing their will. ChainLink will change how we conduct business on the DNA level.

>I´m not a pajeet but I read somewhere that everyday a pajeet in India reaches billionaire status.

I think you mean millionaire status.

>If an implemented idea like chainlink can gain traction and create value for people around the globe then 10.000 or 20.000 people becoming millionaires is absolutely nothing in the grand scheme of things.

This is true. By the year 2000 Microsoft had created 10k millionaires. Something like Chainlink that can have a significantly higher "market cap" could create well over 10k millionaires.

I see your trips and your truth user. Reminds me of this article: newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306
Personally I think it has the potential to snowball much more quickly than we expect sometime after 2020 simply because the cost savings generated by efficiency gains will be so great that smart contract adoption will be necessary in order to keep up with the competition at all. That's why so many of these companies are likely doing research now to see how they will need to adapt all of their practices very soon. Meanwhile, those millions transferred to linkies aren't being generated out of thin air, but rather, they represent capital that has been freed up by eliminating all of the back end processes and allowing for greater monetization of data via API feeds.

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This

implying sergey won’t have had a fatal heart attack by then

check em its over

100 trillion mcap. More than all of the worlds gdp combined.

Check em, it’s just beginning

>checked
Stay poor faggot
Keep on Fuddin

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Underrated. You're casting serious belief in me user

Know this feel, it needs to 12$ for me. Seems pretty unreal lol.

youtube.com/watch?v=o1o5o2m6Stg&feature=youtu.be

stay strong linkies

check em, the beginning of the end