How Much?

How much LINK do you need to own to be considered a whale, dolphin, fish?

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Maybe try visiting an aquarium and asking them?

Now or in 5 years?

probably 50k or so

You must be new.

+ Officer Ranks
- General of ChainLink: General Sergey Nazarov
- General: 500001+ LINK
- Lieutenant General: 250001-500000 LINK
- Major General: 175001-250000 LINK
- Brigadier General: 125001-175000 LINK
- Colonel: 75001-125000 LINK
- Lieutenant Colonel: 50001-75000 LINK
- Major: 35001-50000 LINK
- Captain: 25001-35000 LINK
- First Lieutenant: 20001-25000 LINK
- Second Lieutenant: 15001-20000 LINK
XXX
+ Non-Commissioned Officer Ranks
- Sergeant Major: 10001-15000 LINK
- Master Sergeant: 9001-10000 LINK
- Sergeant First Class: 7501-9000 LINK
- Staff Sergeant: 5001-7500 LINK
- Sergeant: 3501-5000 LINK
- Corporal: 1501-3500 LINK
XXX
+ Enlisted Ranks
- Specialist: 501-1500 LINK
- Private: 1-500 LINK

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Fish: 1k
Dolphin: 10k
Whale: 100k

I've seen the rank structure many times but where is the cut off from whale to dolphin?

You really think 100k is a whale? I look at the 1B supple and view 1MM as a whale.

This.
You have to understand that people will start selling sooner the more they have. As the price increases, so does the distribution. 100k LINK is not that much now but in 2 or 3 years, maybe just 10k will be considered a fat stack.

lol, underrated comment

Most of biz is poor. I would say 500k minimum to be a whale. 100k is barely a dolphin

>2019: 500k LINK
>2020: 50k LINK
>2021: 5k LINK

id think its just easier getting into a coma for 2 years and not have to worry about it.

t. 50k stack

we are terrestrial mammals you motherfuck, stop it with the fish fetishism

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Btc supply, 17.5mn
Link supply 350mn ( adjust accordingly)
For every Bitcoin there is 20 link.
Take your link stack and divide by 20, that's how much btc you would have had you invested in btc with the same amount of money you did in chainlink.

I was so close to officer, only have 13k. PLEASE DUMP PLEASE

350m supply

only a retard would be amused by this. a retard with trips. sad.

Thats what I'm asking, there are 1B total supply, when the whole supply is taken into account to get 1 BTC is worth 46.5 LINK (approx). So if we take that into account what is considered a BTC whale?

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Whales are able to move the market price by ??? percent if they sold their stack.

Ehh

I prefer 21m Bitcoin to 1b link so there's approximately 50link for every btc

Thus, someone with 100k link is like someone with 2k btc.

At what price did 2k btc start being considered whale-tier? Ever?

Yeah, if we define a whale to be someone who can move the market with their stack, then even 2k btc doesn't sound like a whale in 2019.

Whale: 650MM
Others: inconsequential

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Thats not how it works. The actual active supply of BTC is fucking tiny, how many people over the years mined thousands and forgot about them? Its similar but not as extreme for ETH.
Where as almost everyone who owns link has access to them.

Checked. I don't consider that to be a whale. 500k LINK = 10k BTC that's a whale. 100k is barely making it.

That would depend on volume and how the order book is stacked.

then in order for you to be a whale in the future, you would need to be a whale now simply because how much a whale's stack moves the market is dependant on valume and the orderbook. The higher the market cap of something the more real volume it has and therefore the more money you would need to move it.

Staking will take many LINKs out of circulation though, reducing supply which is something that isn't seen in BTC

Correct.

t. singularity

Nice digits. Staking slows velocity but it dossn't take them out of circulation. When your job completes they get released. If LINK goes to a price that the market judges to be excessive you'll see the staked supply dropping. This wont happen with those bitcoin landfill coins no matter how high the price gets.

yet btc constantly has new coins being mined increasing circulating supply and making up for the landfill coins. Chainlink cannot be mined and is completely deflationary in addition to the staking component. besides whales don't market sell at the bottom of a bear market or panic from price fluctuations. those coins being held for years have no effect on the market anyway as only active trades decide the price.

I agree that if the market is based on speculation and not actual usage then yes that will happen. However if the market becomes rational like the stock markets are, then I would expect the amount of staked LINK to reach an equilibrium (eg. 30%) no matter the dollar value of the staked LINK. This is for the simple reason that the more Chainlink is used, the more node operators will be required with smaller stakes, the more LINK will be worth. On the other hand, if Chainlink isn't being used, there will be fewer node operators, but they will have large stakes fighting for the few jobs that are available, and LINK will be worth much less.

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is it worth it to mine a profitable coin on my gtx 1070 so I can use it to buy link and slowly increase my stack?

sure

yeah i'd say so. you can be a whale with 32 ETH worth of LINK right now, since you can create dumps and pumps with only that much. I've done it by accident myself lol.

10K is a whale currently IMO... so let's say each multiple of 135,000 ETH in daily volume (current daily volume) requires an additional 10k to move...

once LINK hits EOS (lol) daily volume, we would have 5,665,000/135,000 (EOS currently daily volume divded by chianlink whale multiple of 135,000), which is equal to around 410k LINK.

i think this actually works since by and we have 401k/46.5 which is 8.6k BTC.

8.6k BTC would tear up any orderbook on the planet right now

It is done 2nd great link bull cycle

Second Lieutenant reporting for booty

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