/biz/ - Business & Finance

>>9979822
hmm

>>9072867
blockcat

>>8988343
blockcat

>>8974101
Blockcat

>>8955533
I’ve made about 700k off crypto with an initial investment of 2500. >>8955543

>>8955562
Here u go


Pro tip; buy verge. You might think it’s a dumb idea now but once it hits normies, you’ll be regretting it :)

ok listen up. I can’t handle retards talking about LINK token and node economics, because almost everyone gets it entirely ass-backwards.

stop saying that the effective market cap will be lower because tokens will be locked up in nodes. the market cap will be almost entirely defined by the value of the LINK in nodes. here’s how it goes:

1. collateral that is required for an oracle job is taken out of the node contract, and only returned at the succesful completion of the job.
2. the value of the collateral that is required will presumably be related to the financial value of the consuming contract, scaled by some factor for the perceived risks, potential for disagreement, and avenues for bystanders to profit by tampering.
3. this gets multiplied by the number of nodes required to service the job.
4. if there is not enough collective value in unstaked tokens available on qualifying nodes to service profitable contracts, then the price of LINK tokens in the market will be bid up until this equilibrium is reached.
5. the market cap floor of the available supply (everything which is available to be used, so in principle everything outside of the dev wallets + exchanges) is therefore set by the total risk-adjusted value of the smart contracts being serviced.
6. speculative potential may drive the price higher than this actual-use floor.
7. if speculative demand wildly outpaced the use-value that node operators had in the present, allowing even small LINK stakes to easily capitalise their jobs, then guess what, their tokens would magically become available for sale.

>>8609986
>relative scale
thank you...
just one non-brainlet on here... all i was asking for...
here, have a potato kitten

>>8316683
On the bright side, our ARK is now permanently a tiny bit more value than before.

Who else here /BinanceWithdrawalComplete/?
I wanted to buy some coins yesterday and the second i put the money on there they freezed all accounts. Now i actually have the money in my own wallet.

Feels great man.

>there are people here who sold their tickets to future digital ascension and transhuman immortality just because a red number on their screen made them do so

>>7035911
That chart looks totally sustainable to me. :^)