Sure, what you say is correct, but if an announcement from Coinbase came out today, then LP shares would drop like a rock.
Will linkpool get btfo'd by coinbase?
Jace Murphy
Blake Howard
Linkpool is part of the official Chainlink crew, they will be fine.
Isaiah Anderson
You sure? My guess is that link would most definitely pump and LP would follow the price.
If LP aims to be 10% of the link market, it’s easy to value it, no? (Hint: even though it currently seems way overvalued, it’s actually undervalued compared to link) or is it link that is overvalued? Who knows
Luis Roberts
LinkPool shares are a fucking scam, dude. LP is a legit project but the anons who bought the crowdsale are absolute scumbags who have basically controlled supply in order to rip people off. Anyone who paid more than 10 ETH per LP could have just bought LINK instead. Scammed as fuck, the whole group leaves a sour taste in my mouth.
Brayden Edwards
everyone will be making money hand over first.
linkpool will do just fine.
David King
not LPs fault that people bought shares?
link would pump, yes
LP shares would not pump if a giant competitor comes in. there wont be enough people even wanting to use LP shares anymore.
Jaxon Cooper
I'm not blaming LP, I'm saying the people that bought have acted like the worst pajeet scammers
Dylan Ward
But the price was 10 eth per LP a month ago.
The 4k link per LP token figure still sits fine.
David Moore
Meh. I don’t think so. It would give more legitimacy to the whole network. Also, the whole point is to have a decentralised network. Why would LP promise never to control more than 10% if Coinbase could come and claim the whole network, rendering it untrustful?
Nicholas Robinson
Nice digits, 1776. Yes coinbase will liberate linkies from the link pool jew. 25% for staking your LINK will seem absolutely absurd in the future.