Everyone with a brain is watching Chainlink. The supply is public. So how would an institution go about buying large amounts of tokens without creating hype or a run on the markets?
>Make a deal with the exchange to dump large amounts of link at the same time the institution is buying.
A seamless hand off. faggotass green dildo user probably knew it was coming.
Chainlink Hypothesis
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they dump bitcoin first
all im going to say
would you fuck off already?
Shit that is entirely possible OP. So they get massive accumulation and noone knows. The LINK market right now is acting weird as fuck (as someone who has been watching it all day)
just set a stop loss before bed. Link doesn't have any real resistance up to 10k, but btc looks like it's about to dump again. Rememer that LINK was nearing ATH in sats right as BTC broke 6k. I'm ironically starting to think there may be something to the conspiracies and people are mass accumulating LINK.
Only Jow Forums is watching Chainlink. Jow Forums is never right. Do yourself a favor and pick another one of the thousand or so vaporcoins.
> Jow Forums is never right
Yea biz was soooo wrong about Eth and antshares. Real talk, neither mooned, and so biz is sooo wrong about link too
exactly
Listen to me. You are retarded. You’re an idiot, do you understand that?
Never ask a question so stupid again.
sir, what if chainlink is actually sanjays vision? sir please. buy sanjays vision so we can free the VISHNU from the blockchain so that she may give us the sacred cow too poo many poos in mumbai
Someone will eventually buy up the whole order book in one go.
t.Price Singularity
This. The flippening.
I wonder if such requires BTC to hit 1000 by eoy before LINK starts flexing like a sweaty steroid pumped body building chad.
an AI overlord will buy up all the LINKses and make all the world equally richer in shit.
>Streaking
>Streaking periods offer the opportunity of adding value to the tokens. Operating on the Ethereum network does not require token mining as fees are paid in ETH.
>That provides the right set of circumstances for replacing mining,
>replacing mining
Isn’t that what this bear market is ultimately about? Eliminating mining?
Smart people can come up with alternatives to BTC PoW mining but that doesn’t mean the market place will abondone BTC sooner than later, if ever.
There’s too much bullish sentiment and incentive behind bitcoin and it will remain.
The only way to do that is to eliminate the incentive which requires eliminatng the miners by destroying the value of BTC.
Well, the only way to do that is to dump Satoshi’s wallet AFTER everybody is convinced that the bear market is over.
If that is the plan, and LINK is going to rise from the ashes of BTC then after this week’s retracment fromnthe underlying bear trend, price will drop to 1500-1000, make another bigger rally to 4K and then Satoshi will unload his wallet all at once.
I just sold bigly at 8.5k sats. we dip back down to 7k before moonrocket past 10k. btc not ready yet. this is being pumped on btc rally, just like all the past times. if institutions accumulate, they not gonna make it obvious with a 48 hour long green dildo
Running nodes will be the new mining
Absolutely Checked
If they wanted to pick some up under the table they'd cut a deal with CZ, Binance owns 30% of the circulating supply on an IOU basis after all.
In order to verify a transaction, you have to spend less energy to yield the same results. Society has built a shitload of buyers enter the market and its future direction and you will find a way to go.
Binance will be running nodes and paying fees in LINK to holders when main net launches.
The question was rhetorical. I posited a hypothesis.
LINK $1,000 EOY
Here’s another conspiracy theory for you too: Some millionaire bitcoin investor is a stinky linky and will crash bitcoin while jumping in link to see 1k EOY.
Checked. Put me in the screencap
We’d see the large wallet movement on the blockchain. By selling through the exchange, it just looks like normal buying and selling.
how do you know that
Fuck yeah
I don't know it for sure but it absolutely makes sense. What the fuck else would they do with their 100mm stack? They own 1/3 of the circulating supply, I expect they will utilize it to make money.
What will be the primary barrier/difficulty/cost to running a node? The cost of cloud computing services to ensure uptime, performance (both latency and computational)?
im sick of this meme idea. biz shilled EVERY fucking coin on the market you absolute retard, out of those hundreds upon hundreds of coins and tokens only eth and antshares blew up? and many other vaporware shitcoins blew up too, all kinds of shit was popping off left and right. so i don't know why you think that link of all tokens is guaranteed to moon just because a sea of retards threw enough darts at a wall to hit a couple targets
How to run a private node?
Didn't the team save like 20% of the tokens just to give to institutions for staking in nodes?
This could be the start of the waves of giving it out to institutions, in the lead up to mainnet.
Deluded answer: Sergey is gonna do all that before Xmas.
Jow Forums knows best. The most shilled on biz was ETH and look how that turned out. It mooned so hard if you had put in 20 grand at a couple dollars you'd be worth over 40 million at its peak.
Chainlink is going to $100 whether you believe it or not.
They will run "decentralized" nodes with almost 1/3 of supply... well that will ruin the whole point of DECENTRALIZATION if they are going to own every third node, lol.
?
1/3 of the supply doesn’t mean 1/3 of the nodes.
Binance having 1/3 of the supply, does not mean its theirs. Where do you think the tokens people trade with are when they are trading on binance
>only one reply to this post
Jow Forums is doomed.
You might be replying to the wrong user. I’m saying binance having that many isn’t bad because it doesn’t affect the decentralized nature of the nodes on the network, so as a potential issue, is invalid.
In so that my comment is here for history.
Binance will either pay the holders a percentage of the node earnings, or just use fractional reserve to stake peoples tokens in nodes . You don't own the tokens unless you have the private keys--your tokens on Binance are actually Binance's tokens
They can run 10k nodes with 10k LINKs in each. Do you think we will have more than 30k nodes not counting binance ones ? Sergey estimated 19k nodes... so yeah you are true, not 1/3 but 1/2 of nodes.