I wonder how quickly we will go parabolic

here take this anti fud. ok back to my question plz :) i think it will be on one day. they will say "project x released" that was the day of the singularity

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And why's that?

What is this?

biz pool party 2019 you missed something fren. kek was very pleased that day

see

dubs confirm

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You idiots should know that in ETH terms we are at least 5-10$ already

Other than the ICO scam boom and not being able to scale is all we have seen from ether. The next boom will include chainlink.

i hold link but i think the max we can go is $20
too many token in circulation user

>he doesnt understand the whitepaper
this dude is claiming hes smarter then the people who wrote it but yet here he is in the same shit infested room as me, glad to have ya bud

What are your credentials to be able to predict this. Do you think there were probably people saying that about bitcoin at $200 for example. What is there to say that some news wont break out if it hasnt already that will allow the total market capital of all coins to enter the trillions

there are 350,000,00 of link on the market and other 750,000,000 to enter on the market, user

>quick rise to around $10-20 in late 2019/early 2020
>stays there until 2021
>moons to high heaven over the next 1-2 years
>peaks in 2022

>>comparing ethereum, a scamcoin ICO maker, to chainlink, the future of financial and contractual infrastructure

I only have 200k Link which is nowhere near enough to actually make it. All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda.

It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. I need to make it to 500k before mainnet for fucks sake. Link is only going to $5 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it.

The upper predictions for Link where about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity.

All of that isn't going to happen anymore. The singularity is cancelled. Now we will have a slow growth to $5. And the sad but ironic thing is most people on this board will hold from 20 cents, to $5 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $5. Looking at the current charts depresses the fuck out of me when I know I only have 200k Link, nowhere near enough to make it. At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.

>when eth first hit $10 the market cap was 786,000,000. If link hits that marketcap, each token will be about $2.25. So in eth terms, we are at $1.84. So buying link now is like buying eth at $1.84

Get out of here nigger. You have no idea what smart contracts are capable of and how Chainlink will be the main infrastructure to fun them all. 4th industrial revolution will happen and you’ll be sry when you could of been a billionaire

I also forgot to say that you actually think Jow Forums has a significant effect on the market and is keeping LINK from dumping. LOL

tonight

It’s stale pasta. Are you a newfag?

You're probably right, link will be kept close to single-digit prices eventually.

However, you're wrong in thinking this will make your 200k stack only worth 1MM.

Read the Link ICO smart contract. It's common knowledge that 1 Link is divisible to 18 places behind the decimal. It's also widely reported that 1B tokens are in existence. But the number of tokens issued according to the smart contract has 27 zeroes behind the 1, which matches with the understanding that 1B Link with 18 places behind the decimals is 10^9*10^18=10^27. So every 1 Link you own is actually 10^18 link in the smart contract.

This will allow the network to "split" Link whenever it's convenient. If the price ever gets so high that average low-value contracts would net a node 10^-12 Link, all Link stacks can easily be split such that your stack increases by a factor of 10^9, and now every Link token is only divisible to 9 places behind the decimal, netting those same average low-value contracts .001 Link instead of 1x10^-12.
The actual number of non-divisible tokens remains exactly the same as the original smart contract stated (10^27), but there are many more tokens divisible far fewer times in circulation. In this way, the price of a single token can -- and probably will -- be kept reasonable.

Lol my dick looks exactly (not almost) exactly like his. Size, shape, peehole literally everything. Specifically look for POV videos of him

Quality post. You really know your shit! I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider this before they invest.

Pic related

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wow!

i always wondered if his foreskin isnt too tight for comfortable fucking.
what kept you from joining the business? are you ugly?

Based Steve I fucking want you to cum in my throat

Unfortunately, I'm not on the team in any respect. Just a rando Jow Forums brainlet who tries to understand all he can about this project and who noticed there were way too many zeroes in the smart contract

Actually, the reason why it's dividable to so small parts is that link token can be used when it hits 1 million dollars per token.

>can't math
>can't understand that the 650m won't just be dumped onto the open market

Like spliting a stock?

We already went parabolic from 20c to 40c.
Mainnet hype will pump us to 2$ and stay there for the next 7 years

>an erc20 with zero product will have the same run as ether
The delusion is painful to watch.

Never heard about this before. Sounds like the team intends for link to reach 18 digits a stink at original supply. How much is that? Like a billion billion usd each? I'm going to be rich.

Precisely. The only difference is that new tokens can never be created (unlike shares of a stock), which is why the team went with the absurdly high 10^27 number to begin with

I see it as them being prepared for it to be an insanely valuable network

Do you see mainet, with real working customers and working smart contracts before eoy? Yes, it's a guess.

thomas reads biz? KEK

Every now and then we get a Link thread with quality information discussed. This is one of them.

you bagholders must be getting desperate if your only objection to the broken economics of their token model is to point at the whitepaper, something that has absolutely nothing to do with the issues of their token model outside of "we use staking"

Mainnet yesterday, bro. Guesses are useless, just be patient.

You have no idea the pride i derive from being mistaken for members of the team. Makes me feel like I'll make it. Thanks, frens

are you telling me when they decide to split the price by say half, they will distribute the other tokens to holders? i highly doubt it

This is new to me.

Perhaps they do it as precautionary if a single token reaches high fiat value? There really is not a whole lot because all it would be doing is diluting the total
supply and lowering the price, but you would have more tokens anyhow

good nigga i still need time

wow, again! thanks, fren. when you mean the price of a single token can -- and probably will -- kept reasonable. what is your prediction?

No, no more tokens are being created or destroyed. It's like thinking of the number of physical dollars in circulation as the number of pennies those dollars represent. A physical penny cannot be divided any further. In the same way, every Link token that's divisible to 18 places behind the decimal can be thought of as 10^18 indivisible Link. Thus, if the price of 1 Link divisible 10^18 times ever reaches $1000, it would be trivial to make every link in existence only divisible 10^15 times and have everyone's stack now representing 1000x the number of 10^18-divisible Link. You would still have the exact same number of indivisible Link, 10^27, as specified in the smart contract

>You have no idea the pride i derive from being mistaken for members of the team.

It should make you fearful that maybe the retards who shilled it to you back then didn't knew shit at all

90% of link holders think chainlink is the only oracle solution out there

Has Rory confirmed this?

>Mainnet yesterday
What? Are you saying that mainnet was released yesterday without announcement?

That's exactly what i mean. It would be a method of keeping the tokens a reasonable, easily imaginable value should they ever get to be literally unbelievably valuable in terms of fiat.

Thanks. Never heard of this before. Good info user I appreciate you.

1000 EOY

Never asked. I don't do twitter, or anything else for that matter. Someone else can bring it to him

Eh, I've seen plenty of posts that betray a keen intellect behind them. This website is the perfect metaphor for humanity -- there's so much good and so much bad

There is no way the CL team approaches a larger business, introduces smart contract, explains their oracle service, then tell them.... the service/product we offer is currently still under development... we'll be done, when we're done. It still amazes me no leak of any sort regarding an estimated, guesstimated time frame for a working product... ffs even going to the mars has projected time frame

350 million plus 750 million = 1 billion you fucking retard. holy fuk llinks are stupid as fuck. No one is investing or making much money with that many tokens. Even bitcoin is dumping and only has 20million tokens. Fuck i hate uneducated american biz retards.

Youre lack of math skills is showing ranjeet

B8

>doesn't know that 35+75 = 1 billion
get fucked burger

are you literally all retarded?

Nice numbers user

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Smart contracts are a meme. Why?
If there was serious money in smart contracts you would see large companies (Amazon/Apple/Alphabet) starting to act as centralized oracles.
>Not trustless, reee
Maybe not for contracts worth billions, but certainly good enough for all kinds of dApps like betting and so on.
Since we don't see large centralized oracle providers the only conclusion is, that there's no money to be made with smart contracts.
Ethorse would like a better oracle than Oraclize, but the demand just isn't there.

Better not get too hyped about the Chainlink mainnet launch, instead have your sell orders ready.

say i had 5k links at $1000.
what is the process if they switch to 10^15?
my stack becomes essentially 5M and the market price of link adjusts to $1?

This has to be bait, I refuse to believe there's a human being on the planet this stupid

Yeah, man, the team certainly has something in mind, but i have no idea what that is. My guess would be just that, a guess.

Yes, that's what I'm saying.

I’m a brainlet and I didn’t understand. EliAutismo?

Hell no user

You plan on running your own node...whenever that may be?

I do, and I'm trying to figure out how to leverage info I'm pay for in my current job too. I have a subscription to ThomsonOne which is expensive as fuck, and it would be sweet if i could use that to provide data to smart contracts. But i still haven't figured out if that would violate all kinds of terms of service and open me up to lawsuits. And even if it does, i may be able to upgrade my current subscription to make it legit

Let’s travel to a hypothetical future together and I’ll explain as simply as I can try.

In this future you own 100 Link, and link is $1000 each. Your total assets in link is worth $100,000

Sergey does not like Link being $1000 each, he thinks it’s too expensive for an individual token and doesn’t like people
Spending hundreds of dollars to receive .3245 arbitrary number of link.

Sergey “splits” the tokens. You now own 200 link tokens valued at $500 a token. He “splits” the token again. You now own 400 tokens valued at $250 each.

Your total assets are still valued at $100,000

Make sense?

>Let’s travel to a hypothetical future together and I’ll explain as simply as I can try.
>In this future you own 100 Link, and link is $1000 each. Your total assets in link is worth $100,000
>Sergey does not like Link being $1000 each, he thinks it’s too expensive for an individual token and doesn’t like people
>Spending hundreds of dollars to receive .3245 arbitrary number of link.
>Sergey “splits” the tokens. You now own 200 link tokens valued at $500 a token. He “splits” the token again. You now own 400 tokens valued at $250 each.
>Your total assets are still valued at $100,000
>Make sense?

Based for a brainlet like me.

What it God's name did I just read? How the fuck has this not been discussed before?

I'd also like to purchase more LINK at a decreased price, so I'm not going to debunk this shit.
However if you fall for this retarded fud, you have never deserved to be holding LINK after the singularity.

??? How is this fud. Did you read the original post? At worst it's deceptive hopium.

So you're saying 1 million dollars per token is fud?

Folks, I think we're gonna make it.
t.

Are you retarded? This is not FUD this is actually bullish. Sergey created this token in mind with the possibility of it hitting a ridiculous price point.

Good to have knowledgeable fintech marines like you onboard. Any suggestion for less tech inclined user, linkpool I guess ?

The problem with fudders is

1. they can't explain how else smartcontracts can connect to real world data for execution without chainlink.

2. they can't explain how an automated economy can work without decentalization.

3. they can't explain how the tokenomics of Chainlink will fail (because if they understood the tokenomics they would be a LINKmarine)

4. They can't quite comprehend where the whole crypto space if moving too. They still think its about collecting tokens and trading it for a higher price.

4. They still don't believe that an automated robot economy can exist ready to power the 4th industrial revolution.

Fudders are stuck in the past. Still believing a brick and morter store is better then running a website selling goods.

Fudders simply see that the chainlink team will fail out of inadequancy for such a complex task as would be to code chainlink

ffs the guys were barely compiling Golang a few months ago doing Hello World tests and putting them in the pivotal tracker as achieved task

>4
>4

Nigga you gay

I'd expect a quiet February, low of 80 high of 130. Then March, expect +20% per week until EOM, possibly a full on explosion. I fully expect eth to be between 14-2500 by EOY. I've watched crypto for awhile, but never invested a nickel. I got 10 eth tokens once I heard about Fidelity last week.

literally nothing will happen. nothing ever happens

That’s brilliant! Comfy af. Thanks fren

t. Linkmarine

Man, I'm one of those less-tech-inclined anons. I have feelers out there with two people that i think will be able to fully grasp how to run a node (not to mention why they'd want to), and I'm going to offer to put up all the capital required for staking if they'd help me run a farm, or at least teach me how to do it

>Sergey does not like Link being $1000 each, he thinks it’s too expensive for an individual token and doesn’t like people

Sergey loves people, how dare you. The reason to do this is that it’s cumbersome to pay for a service when you have to count the 0’s you’re paying for.

At $.01 per call and $1000 link, a call costs .00001 link. It’s in the customer’s interest to simply pay 1 link, which means moving 0’s so 1 link = $.01 and everyone’s stack is multiplied by 100000 link. The value is constant but micro transactions can remain human readable, regardless of token valuation

I guess $1000 EOY was always a meme after all

Always was. That doesn't, however, mean that access to the network won't be worth quadrillions one day

Actually pretty funny because as much as anyone was skeptical, there was always a small sliver of hope of it coming true. Now it's discovered that it's literally impossible in the near and distant future. Maybe 300 years down the road when they somehow run out of decimal points will it actually be 1k eoy.

>running out of decimals
>27 of them

You're talking inter-gallactic economies at that point

See you on the space yacht link marine.