/biz/ - Business & Finance

nolinkers will perish they don’t need to understand why

>>10710754
We are unironically going to be the next elite.

sergey will surpass suckemberg and co, will lead chainlink to be an empire

But then why did they make so many tokens in the first place if the only reasonable thing to do is to burn half of them?

>>10710754
They said there won’t be a token burn you insufferable faggot

>>10710857
because go fuck yourself check em

>>10710842
NEET Elite - never gonna happen, bruv

Sergey is the Bill Gates of our timeline.

>>10710857

Testing and on boarding new customers. XRP did a similar move by locking up huge supply in a time released escrow. They won't burn their tokens (yet) but look at the prices moves every time big XRP escrow news has dropped.

Also, from a development standpoint, you could never anticipate an EXACT number of coins you'd need for a project based off of an idea, so why not just make an even 1,000,000,000 tokens to start off with. You can always burn some down but when in development you can't just add more supply. This should be pretty much common sense to crypto enthusiast by know.

Another thing to consider, why would they only sell 350m at ICO, why not 500m, 750m... ? Because they are planning to eliminate the excess supply when the time is right for the project to go live.

>>10710879

At the point in time that was said, they were referring to "at this moment in time". You have to be a literal bracket not to realize the 1000's of positive reason they will HAVE to burn some supply.

2500 eoy

>>10710938
Interesting idea, bumping for interest

>>10711166
check'em and discuss this

>for brainless

>>10710842
how many linkies for me to make it there?

They don’t have to burn. I’m sure they’ll let the market decide. Sergey could release the tokens in waves but if there’s intense interest then releasing them to customers OTC might have little to no impact if there’s upward pressure.

>>10710754
Thomas just said in the telegram they have no plans to burn any tokens.

>>10711247
What is their incentive to not burn them? Isn’t everyone’s goal, including the chainlink team’s, to get rich? Why the fuck even work then?

I tried asking in telegram but some brown nosers don't let the question get through.

>>10711262
I mean of course they still have to implement the network etc but maybe once they do they won’t need so many and can burn like 200 million and reward the early investors

protip
if you see a cube in the logo or meme tread lightly

>>10710754

delet this plz

delet this plz

>>10711247

post screen shot, also, of course they are not going to advertise this.

>>10711407
Let's just add it to our reality.

will I make it with 5600 LINK?

I exhausted most of my FIAT cause I bought at $1. im broke now, just threw in my last $1k.

>>10711467
You'll be better off than you are now. Be happy with that.

>implying eth won't just cut out the middleman

>>10711467
No, you need 10k minimum. There are anons browsing this board right now that eat ketchup sandwiches and ice cubes so they can accumulate as much as possible.

>>10711103
I like the $2500 meme the best

>>10711333
trips dont lie

>>10708564

>>10711467
You'll have more money than pretty much all black people except for NBA and NFL niggers.

So youll be fine

>>10711467
You might make it. The 1k link memers say you will have 5 million dollars before tax.

>>10710754
JUST BECAUSE SOME KEK HOLDS COINS IN A SAFE DOESN"T MEAN THEY AREN'T INCLUDED IN THE CIRCULATING SUPPLY YOU FUCKING IDIOTS

>>10711326
You think they care about rewarding early investors? Sure, some probably were paid in link. But this whole project is so much bigger than that. This is middleware for an entire new section of the economy. This is revolutionary. If Sergey just wanted to be rich, he'd have done something else as a venture capitalist. He wants to ensure to success of the network and he's not just going to throw away tokens that may be necessary down the line.

>>10711582
That sounds pretty ‘gey if you ask me

>>10711564

do the basic math retard.

>>10710754
It's actually LINK $5887 eoy now, senpai; get on the new timeline.

>>10711242
Not a single token from the 300m set aside will hit exchanges. They will be sold OTC to groups who want to host nodes, and they’ll be sold with minimum 2 year vesting periods which will be locked in by smart contract.
The 300m on the market right now (plus whatever the team sells of their stack) is all that’s hitting the open market for at least 2 years post-mainnet.
Cap this

>>10711564
B R A I N L E T
Once the tokens hit the smart contract they are automatically deducted from circulating supply. This is known.

>>10712197
huge if true
fucking yes i'll be rich

I don't even have that much link but I could retire if I could sell it for even $100 a token. I seriously fucking hate my job, so I desperately want to believe, but I'm not really that optimistic desu.

Someone tell me we're all going to make it ;-;

javascript:quote('10711993');

▼ Settings Home
/biz/ - Business & Finance
9

...Anonymous (ID: e/08bGXR)
08/15/18(Wed)21:04:30 No.10712311
6 KB
6 KB JPG
Hey Faggots,

My name is Sergey, and I hate every single one of you. All of you are fat, retarded, no-lifes who spend every second of their day looking at stupid ass wojak remixes and copypastas. You are everything bad in the world. Honestly, have any of you ever gotten your McDonald's catered? I mean, I guess it's fun making fun of people because of your own insecurities, but you all take to a whole new level. This is even worse than jerking off to Link sigils.

Don't be a stranger. Just hit me with your best shot. I'm pretty much perfect. I was captain of the dev team, and starter on my UberEats team. What sports do you play, other than "jack off to naked drawn Japanese people"? I also got straight A's, and have a banging hot girlfriend (Jason Parser just blew me; Shit was SO cash). You are all faggots who should just kill yourselves. Thanks for listening.

>>10712370
I'm going to kms

Can someone explain to me what chainlink will do? From what my brainlet self can understand, it's going to be a medium for transactions that would normally be difficult/slow to due? Or am I completely missing the point.

>>10712413
nothing. it's a meme.

>>10712413
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>10710754
>Sergey cannot sell these either as that would be a massive SEC violation
what violation? it's not a security lol
>SmartContract.com is a real company and will not damage their reputation
nobody will care about token dumping except neets on /biz/

>>10712413
ChainLink basically makes it so blockchains will be able to connect with the grid industries and businesses, and smart contracts will be used by institutions to simplify shit. Instead of keeping monotonous accounting and dealing with trust issues, smart contracts will show the amount each party has to bring to the table, and the smart contracts will keep transaction information on the blockchains ledger

>>10711498
>There are anons browsing this board right now that eat ketchup sandwiches
wtf I eat ketchup sandwiches every day, but I actually like them
is that weird?

>>10710754
DELUSION. I have personally asked rory specifically this question about the supply and the possibility of a token burn and he said no.

go to 3:33
https://youtu.be/xpYRD5b50pc?t=212

Can you imagine rory one day announcing they are burning half of the 650 million coins? Good god...

>>10712270
We're all gonna make it brah.

>>10712385
No one seems to care

>>10712524
>tomato soup packets make assholes hang open like the mouth of a tired dog.
Maybe stop eating them?

>>10712829
3:33
Nice trips lad

>>10710902
Kek

>>10711498
This. Wallets with less than 10k links are actually valued at zero until that threshold is reached.

>>10712829
I get an erection every time I watch this

>>10712385
Don't do it friend, we're all in this together

>>10712829
>go to 3:33
Just watched...what is significant?