when you understand this. everything will make sense.
LINK'S PRICE IS NOT SUPPOSED TO BE HIGH
Jack Myers
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Cameron Howard
Lame Fud
William Diaz
nice digits but this is the opposite of fud
John Martinez
LINK being below $1000 after mainnet release defeats the purpose of the token. It’s literally in the whitepaper you fucking brainlet
Joseph Lewis
the value of link is not the price of a single token.
it will be the passive income of earnings from high reputation nodes that people will retire off of
David Barnes
but watch and see..
Dominic Hernandez
1) Institutional adopters will be incentivised with LINK tokens to participate in the network. Institutional adopters will want their LINK tokens, which they got for free, to do a lot of work within the Chainlink ecosystem. The way for those tokens to do a lot of work is to make each one more valuable. If your 500k LINK lets you do $50 million worth of work on the network that's better than the same stack doing $100k worth of work, for obvious reasons.
2) Node operators of all kinds benefit directly from a high token price because it permits them to stake fewer tokens per contract as collateral for bad data feeds. Fewer tokens per contract = more contracts = more income.
3) The company itself benefits from a high token price because, duh, they own 300 million of them and the more that is worth, the more they can expand, diversify, respond to threats, etc.
Every single participant in this network benefits from a high token price. Nobody "loses", because people buying data feeds will be thinking in terms of fiat, not LINK tokens. Someone buying a trustless data feed doesn't care if the $5 fee costs 0.1 LINK or 20 LINK, it makes no difference. The value of staking rewards will have some effect on the demand for link tokens through new node creation, but when you're talking about the world's first blockchain agnostic, fully trustless way to move data on and off chains, and trigger payments, for some reason I don't think demand for nodes is going to be lacking.
Brayden Cook
watch for what?
Landon Adams
soon
Sebastian Rodriguez
fuck you
Luis Wilson
Jayden Perry
> tokens won't make you rich
> but the people who stake them for income will
In a relative sense, node operators will be wealthy compared to regular hodl sellers. Anyone hodling enough link has made it regardless though.
Gavin Stewart
>rory
Samuel Adams
Thank you user. They don't deserve this.
Grayson Hill
what is enough my fren?
Aaron Rogers
daily reminder
Ayden Green
I fucked up an posted in the first linklet thread.. But..
Looking at making ETF smart contracts, how can I do this with ChainLink?
Am I seriously going to have to make an account to get access to their docs?
Am I going to end up having to host and oracle?
Jackson Rodriguez
Depends on which country you're in breh. For the U.S I would say 10k linkies. I have 20k and want more though. Half will be for staking, the other half for hodl until $1k minimum.
Gabriel Bell
Link gets FUD'd so much because everyone is so used to shitcoin hype pnd methods. People just can't understand an honest project
Austin Williams
Or you know.. The fact that it is legitmately worthless and no one can tell me how to do something it was created for..
Also most cryptos are FOREX, the sooner you realize that it is zero sum, the sooner you start profiting off actual investments
Landon Edwards
>Also most cryptos are foreign exchanges
what did he mean by this?
Evan Morgan
I live in europe and getting close to 8k
Hope this sets free me from wageslaving so i can make my parents proud and get them a nice vacation
we gonna make it
Jayden Peterson
>FOREX is foreign exchanges
You and everyone on this board are geniunely retarded shills.
Use some inference, usd/eur usd/cny usd/cad, what was traditionally called FOREX before you retards came in, you know currency trading that has a shit ton of regulation by the SEC..
I want my pre-2018 Jow Forums back.. Before all this fuckwit shills.
Joseph Lee
Anyone else remember when Vitalik came out and said Ethereum was over valued at $7?
Theres this weird concept, not just in crypto but in every trend I followed dealing with technology, although I imagine it has happened long before the tech boom, where the intelligent people who design these products, the ones who create these ideas are completely clueless on the economic aspect. Its a psychological affect where someone is good at one thing, they will make assumptions and assume they are a genius on every topic.
You are going to ask a chess grand master who he thinks will win the worldcup. You arent going to ask a politician advice on your art work. You aren't searching for musicians to tell you how to fix your car.
Brandon Stewart
link is a dead project
John Collins
>anonymous devs
>350M corculating
>10B total supply
>yes
>3.3% circ supply!
Dylan Butler
Tell that cuck that the price is crashing and if he wants a project that'll still be around in a few months he'll answer every question thrown his way.
Henry Anderson
Brody Anderson
Sauce.
Can’t be fucked finding it
John Long
>NYSE is a market for stocks and etfs
>OTC is a market for stocks and etfs
>FOREX is a market for currencies
Seriously? How retarded does this board get?
Slinging nigger words when I am clearly a Jew.
Elijah Martinez
Lurk more before u embarrass yourself posting faggot
Bentley Reed
> h-he better answer our babydick retail money questions or he'll sink, for real!
Imagine being so fucking stupid you would ever believe that a company which is dealing with partners like swift should need to play 21 questions with people like you so that you can what, buy a few hundred K with your little girl purse?
Cameron Carter
kys jew
Ayden Morgan
mission accomplished then
David Price
Anyone down to help tie the noose?
Already all in on link and have no way to give it any value..
Colton Torres
>Chainlink is the same as Ethereum
Jayden Ross
why did the volume suddenly die mid-may?
Cameron Taylor
estimated or "intended" price is nowhere in the whitepaper or from the team.
Nolan Brooks
This is your daily reminder that Sergey himself has said that the token price needs to be as high as possible
Hunter Sanchez
The whales pretty much finished taking back Link that went to those that were not supposed to have it. Those that held firm with iron fists or continued to accumulate will be rewarded. Patience will be rewarded in a huge way. Not a question of if, a question of when. 2019 and 2020 it will become clear. Hodl boys and ignore the fud, don't let them steal your stack.
Grayson Baker
why did you feel the need to shoop that pic
Daniel Torres
and link have 1 decimals you newfag
Liam Cox
Lol
David Perez
High energy
We're asymptotically approaching full retard on the LINK fud
Lincoln Peterson
wut? the link token has 18 decimal places. this is easily verifyable.
Owen Harris
>no one can tell me
Gotta love the newfrens constantly begging to be spoonfed.
Logan Stewart
>thinking about making etf smart contracts
>asks Jow Forums how to do this
>complains nobody is helping him
Liam Evans
Try to swing trade shitcoins, fren. You will make more money and be able to buy more link
Ethan Ward
I live in S.E Asia. 8.5k linkies. Will have 10k soon. I was thinking about selling half and keeping the other half for staking.. but will a computer brainlet such as myself be able to do this? And how much of passive income could be possible.
Jason Cooper
if it ever becomes worthwhile to stake, linkpoolio will be your friend.
David Sullivan
How do you verify this? Genuinely curious because I always thought it was 8.
Cameron Murphy
its $1000 eoy so if you have 10k right now you'll be a millionaire shortly
Liam Harris
Really? That’s news to me!
Logan Walker
fuck all you brainlets
read the FUCKING WHITEPAPER
and stop asking stupid questions
Hudson Campbell
Oh fuck off, dickhead. I doubt you've read the fucking thing either. I've been following this since before the pre-sale, all I did was politely ask a question.
Owen Wilson
I just want it to reach 3-5$ and ill be really happy
Luis Ortiz
I don't understand what you mean?
In either case the value of the LINK token goes up?
Jordan Martinez
Aside from accumulating.
I realize it's better for the price to stay low after mainnet. We'll be able to stake and exponentially earn more LINK than it the price was high.
Evan Nelson
sorry fren but 8k is not probably enough
Evan Perez
this
Leo Jackson
what was faggot OP talkin about
Josiah King
er... not shopped, sorry, kek
Josiah Cox
OP knows nothing.