Why is no one talking about this?

It's pretty bad, yes.

They get paid in link and they will never want to cash them out. Sure seems logical there bud. They will just keep them forever because reasons.

Of course they will cash out, but they wont dump it to oblivion

Go kys brainlet

who cares, the biggest question is why would anybody want to buy a funding token like link. they've universally failed as being valuable once speculators give up on them, no "partners" want anything to do with being forced to use or buy a funding token either.

So you will be smarter than people that run nodes and will sell before they dump because what? Jesus dude how dumb can linkies be?

Another brainlet detected

Go read about the token mechanics before spreading cancer

They will never dump; they will just keep the price down to a degree

Its the same with ETH and staking
>omg ppl will sell ETH because they Get ETH from staking QQ
kys

>Oh I get paid 10 linkies each day
>Should I just crash the price and fuck myself over?
>Yes

This is your logic

Kys brainlet

This is so retarded. If you want to stake in ethereum, you'll have to lock up existing circulating supply. With chainlink, sergey will just hand out new coins to node operators.
Big fucking difference.

Hurr durr
The supply is finite and the linkies handed out by Sergey will be locked up

Also kys

Fucking retaard, as the supply increases there will be less demand, so the price will still dump.

The supply is finite

Based Sergey will never fuck over his own network by handing out linkies to people who will dump and destroy it

Node operators want to keep the price high because of economics

Staking will reduce circulating supply

If you dont understand this you will never make it. For comparison, money skelly or Lubin could dump ETH to shit but they will never do it. The circulating supply of ETH is fake. Now go fud it and kys

Yes, why do you think price is coming. People are looking to get out.

Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your LINK investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
LINK HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and LINK being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY LINK BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

Considering the team has been funding the project by paying people in link tokens and selling them on binance (as well as the ether they raised) I really have to doubt Sergey would sell them or huge amount of them all at once to negatively affect their operating capital. This is a long term project and Sergey clearly thinks on a grand scale. They'll be releasing those tokens over years if not more than a decade so the effect will be smaller than you are imagining.

It's easy: more circulation, less value.

Lmao. You don't have any arguments, pajeet.

If big players want to provide data, there's 350 million link reserved for them. They won't buy it from binance, they won't have an impact on the price. And then there's another 300 million for the "team" whcih will enter the market eventually. How much link will be locked up in nodes? I doubt it's more than 500 million.
So you're essentially stuck with a protocol token and a circulating supply that is close to the current one. And it's made useless with kyber. If someone pays a node, they'll just swap eth with kyber and the node operator will swap it back to eth.

this

Sergey will pick the companies who are interested and either make a contract forbidding them from dumping or something else to protect the network in the early stage. Also Chainlink isn't a project that started and then got connections/partners like other cryptos. It already started with them in the pipeline.

Attached: chainlinconspiracy.jpg (680x1073, 685K)

*snap*

You clearly do not understand the incentives. Operators has severdig reasons to hold the LINK. One of them is the price (ie making themselves richer), another one is increasing reputation (for more profit).

Also users will have to buy LINK on the open market.

You have zero understanding and are either fudding or too much of a brainlet.

Go read a book or just kys

So you are basically forcing people to use Link instead of, well, make some gains out of them? That's a recipe for failure. Why? I'm glad you asked:

This is the exact same model bat is proposing and guess what, no one wants to use bat to watch stupid ads, no one. Forcing token usage is probably the worst business strategy there is, because why the actual fuck would someone PAY to receive locked funds that you cannot use outside the token ecosystem? This can only work for people who play Android/iOS games, not in an enterprise level context lmao

Considering less than 200 addresses bought LinkPool and less than a quarter of those contributed more than 2 ETH I think LinkPool contributors should be considered hardcore

If my id is in any way related to LINK or is neon green then link moons tonight

>increase supply

>expects price to pump

The last coin that had this happen was BBN and the price literally cut in half. How does biz not understand basic economics. Enjoy your $0.15 LINK prices upon mainnet you delusional linkies. You’ll be lucky to see $50 LINK in 5 years

For staking to work you have to put in a stake.

Kys retard, this isnt enterprise, its a radically free and open market

woops read the op as pump when in reality it said dump. yes op you’re right.

>200x increase in 5 years
>not enough
kys

>Sergey will pick the companies who are interested
What are you even saying, interested in what?
Sergey won't be giving away tokens to some random companies so they could centralize a decentralized network, are you all fucking retarded?

>You clearly do not understand the incentives.
The incentives are not that great, there is no minimum required amount of LINK that you have to stake and you'll reach a point of diminishing returns with probably just a few thousand LINK especially this early during network launch.
You will literally bleed money by staking LINK because the initial hype pump will die off and economics won't look so favorable after a couple of weeks when thousands of normies start a node because they've heard they'll make a ton of money. I've seen this happen to EVERY SINGLE ONE of the projects having similar economics.
Why am I even telling you this, just hold and stake user, it'll be easier for non-brainlets to cash out and reaccumulate at the bottom if every deluded plebbitor just bagholds.

Going to sleep. Was gonna ig ore but Link faggotry got me triggered.
Listen you shit eating tards.

If you haven't realized the original shills were larps. And they are long gone

You guys are still believing the narrative of singularity when the original ppl were larps and the rest that fell for the bags have kept this coin alive from biz shilling.

This coin is and has been propped up by biz, and biz influence on CL.
You really think it would be this high if all of biz sold.

Cl sounds good on paper but they are moving at pajeet scam speed.
They missed the bullrun and will release mainnet in Bearmarket which will be an obv let down and at most pump it 2 c followed by dump.

Coordinating product release with market cycles is top tier pajeet faggotry

go kys

omg good FUD in this thread !!! DONT READ ! DONT READ !

That would make most of us multi millionaires

You are all brainlets.
The total supply of Link was always known, from the very beginning, before the ICO.

That means the total supply is literally, unironically PRICED IN.

Attached: price it in.png (824x609, 340K)

>77
>88

If some institutions wind up with big "cheap" LINK stacks, it wouldn't make sense for them to market sell and lose the position they gained through collaborating with the team/supporting the network. If some NEETs end up with them as token incentives for running nodes, they can dump them all they want. At least the network is functioning at that point, and if the growth outlook is high enough they probably won't anyway.

Current Price: $0.266099
Real Current Price: $0.0933443

The total supply was always priced in, trenchbrain.

>When supply increases the price stays the same
>Everyone in the world agreed this
Go back to /mlp/

The supply won't increase, it was always capped at 1 billion tokens.

You fucking faggots can't see past your own stench, chainlink is a Slav scam. Steve Ellis isn't a real person and Sergey can't see past the latest additions to the McDonald's menu. Node operators don't even require link you tards, the two other hires community managers, Sergey found after they did a YouTube review on beanie bears, which coincidently mirrors the value of the internet bean's your talking about. Muh assblaster, you fucktards can't even tell that what he did was the Dennis system, he literally used a sitcom technique to pick up women on you idiots.

Someone_Actually_Has_To_Want_to_Buy_for_2?.jpg

Attached: 550.png (207x243, 7K)

Its so funny to see so much fud while Chailink is up. Thats how you know it will moon. People are obviously getting worried about not having enough and already missing the boat.

Oh yeah. Im hardcore, baby.

What are you trying to say little buddy, use your words.

Are you actually retarded? Honest question...

I know its a running joke that only Jow Forums hold ChainLink but I genuinely think at least 50% of LinkPool contributors browse here ( and that is still less than 100 people). I sent 6 ETH and convinced two family members to throw in 2 ETH each this is an all or nothing gamble by my reckoning

My father works for oracle and is quite close to Sergey. He told me that Sergey showed up at the office last month to announce that he ate his thousandth Big Mac. In honor of such a special moment, Sergey handed out free t-shirts he found at a local Salvation Army. Before he left, he took my father aside and asked “you didn’t actually buy in, did you?”

Seems alright!