/biz/ - Business & Finance

what was the first LINK thread? how did it become the official biz coin?

>>12298188
wait - are you saying it really is just a meme.

>>12064177
It's not a scam. Link will dominate the crypto space in the future. Link will flip eth, xrp and btc combined. Do your research. Anons have just been waiting for over a year and they are bored or just dont want normies to ride this train. Once you understand Link you will understand the future.

I understand exactly how LlNK works but i have yet to begin to understand how people are holding anything else. There people on this board that are still holding FUN(honestly insert any shitcoin here) and wont sell for a link bag. I dont feel sorry, it was all laid out for you and those who bit and understand what LlNK god bless you.

It's literally pumping. Target: 10000 sats

yes

Tokenomics
people still have some incorrect assumptions about the remaining 650M not in circulation. Half goes to the team.
Half are used to pay the nodes. Rory has stated this.
Now would it make sense for a company that's been around for 4 years to dump their portion of links on the market with the price so low? No.
The half used for node rewards will be locked until they are used to pay node operators, namely, us.
Node operators will be paid a dollar amount in link, depending on the number of transactions it preforms.
If you were to be paid $100 dollars in link, would you rather link be $100 (1 link payment) or $0.50 (200 link payment), I hope
you said 200 link payment.
Now arbitrage will not likely last long as the market catches on, link will not remain a low price given a return on Xlinkies exceeds the other investing opportunities
by a significant amount.
I acctually don't think current price is all that far off from a healthy but normal rate of return we may see in the early stages of the network. For example, If you have
A monthly return: 20,000 link in a node (@$0.25) and it rewards 100 link (or $25), or annualized 1200 link = $300. $300 return on initial $5000 investment = 6%.
Now where it gets interesting is when more transactions are processe through the node (more businesses are onboarded), if price were to remain stable you would recieve more link.
So now lets say 20,000 link returns 300 link a month ($75), but that would be an annualized 18% return, this should get people interested therefore buying up link
and driving up the price of link which lowers the amount of link you recieve as reward (but keeping the $ amount of the reward the same).
So in this example lets keep 6% an equillibrium, the price would rise to $0.75 per link and your 20,000 link are now worth $15000 rather than $5000 and your previous rewards that you recieved at $0.25 you could now sell
for $0.75. Continue this processes until link = $1000 :).

At $10 I have enough to be comfy, and I think that's quite achievable if they accomplish what they're setting out to do. A few big name users would be enough. I'd like to set it all aside for retirement and keep working part time. Travel, work on some hobbies, and volunteer. That's my ideal

People still have some incorrect assumptions about the remaining 650M not in circulation. Half goes to the team. Half are used to pay the nodes.
Rory has stated this.
Now would it make sense for a company that's been around for 4 years to dump their portion of links on the market with the price so low?
No, it would be stupid. The half used for node rewards will be locked until they are used to pay node operators, namely, us.
Node operators will be paid a dollar amount in link, depending on the number of transactions it preforms.
If you were to be paid $100 dollars in link, would you rather link be $100 (1 link payment) or $0.50 (200 link payment), I hope
you said 200 link payment.
Now arbitrage will not likely last long as the market catches on, link will not remain a low price given a return on Xlinkies exceeds the other investing opportunities
by a significant amount.
I actually don't think current price is all that far off from a healthy but normal rate of return we may see in the early stages of the network. For example, If you have
A monthly return: 20,000 link in a node (@$0.25) and it rewards 100 link (or $25), or annualized 1200 link = $300. $300 return on initial $5000 investment = 6%.
Now where it gets interesting is when more transactions are processed through the node (more businesses are on-boarded), if price were to remain stable you would receive more link.
So now lets say 20,000 link returns 300 link a month ($75), but that would be an annualized 18% return, this should get people interested therefore buying up link
and driving up the price of link which lowers the amount of link you recieve as reward (but keeping the $ amount of the reward the same).
So in this example lets keep 6% an equillibrium, the price would rise to $0.75 per link and your 20,000 link are now worth $15000 rather than $5000 and your previous rewards that you recieved at $0.25 you could now sell
for $0.75. Continue this processes until link = $1000 :).

>>9824252
We had lot of link fud lately

>>9400606
youtube.com/watch?v=xpYRD5b50pc

>>9391574
this week is gonna be huge, no-linkers have only a few days of life left
OOOOOOOOOOOOOOOO

FUD is evolving
next week must be big

>>6380559
LINK as requested

>>6275459
Chainlink is literally a meme.

But its doubtful it will ever catch on to other boards.