/biz/ - Business & Finance

as the proud owner of 10 shares it feels good man

>>14458115
Brainlet here. What exactly am I looking at?

>>14458232
people are paying 60+ eth for linkpool shares rn. Linkpool is a company that has been working to setup api so that they can stake link early as possible. you have to own LP to stake with linklpool

>>14458115
how can i use my own link to pool

>>14458357
>you have to own LP to stake with linklpool
So.. are your returns on your staked Link dependent on the number of LP shares you own?

>>14458580
maybe in the beginning. LP shares also get a percentage of profits that the company brings in. So in the beginning you can only stake say 600 - 800 link per LP but that number will gradually rise to say 10k+ in 6-12 months.

>>14458820
Can you only buy whole shares or can a poorfag get himself 0.1 of one?

where do you even buy lp shares

>>14458912
you can buy 0.04 as a minimum and then in 0.04 LP increments...

LP is the best investment i've ever made and im not fucking selling

>>14458967
https://staking.linkpool.io/dex

>>14459103
Same here. I believe this will become much bigger still.

>>14458115
heh
I tried telling them
btw another payout tmrw hahaha

>>14459883
how many shares in existence?

>>14459918
4000 only 1000 distributed

>>14460222
Can the 4000 ever be increased?

>>14459883
How is that distributed exactly? I assume how much you receive depends on how much Link you've staked.

>>14460325
>How is that distributed exactly?
remember
that's assuming LINK prices from 2018
look at the LINK price now
all those numbers at the final table need to be scaled by the increase in LINK since the presale finished in April 2018
LOL
>I tried telling people
they scoffed and called it a ponzi
they don't know how to do math in their head
they think math is written down on paper
hahaha
that's only the description for the math you do in your head
poor people need to learn to think for themselves

>>14460375
>t. one of the original 186

Beware the team dumping

>>14460446
weak fud

>>14460375
>>14460399
also threw 4ETH into CLC
even with Timo, I knew they would win by default so I'm hopping on that train as well
also invested in RSR and the polkadot edgeware ETH lockdrop
>heh...my next year is going to get even more epic

What will happen when CB introduces staking for link

>>14460543
>What will happen
did you say /HAPPEN/?

>>14460375
Just to make sure I understand:
The last table has the contribution amount in Eth, but the revenue numbers are actually based on the amount of Link staked (which for the sake of the table, is presented in the 2018 relative Eth price)?

Is your return based purely on amount of Link you've staked?
Is the amount of Link you can stake determined by the amount of LP shares you own? If so, how many Link can you stake per share, and will this be adjusted with time?

>>14460543
The beauty about decentralized nodes is that competition means more value for all involved

>>14460586
>2018 relative Eth price
they pay out in LINK
it's 2018 relative LINK price
>>14460586
>Is your return based purely on amount of Link you've staked?
participating in the linkpool ICO has nothing to do with staking
you're entitled to a portion of ALL linkpool's profits as dividend
25% of ALL linkpool profits go to linkpool shareholders
there are a total of 4000 linkpool shares (3000 held by the team) and 1000 distributed in the ICO
total ICO reached 701 eth out of the 1000eth cap
they distributed the 1000 shares among all 186 ICO contributors and you even pocketed an extra 29.9% linkpool share since the cap of 1000eth wasn't reached they distributed the remaining 299 shares to the 186 participants
when you work out the numbers, they are astounding
especially since link has just shot up the way it has
check out their dex to see what linkpool shares are selling for now
they've doubled in price in a week (proportional to LINK's increase) since the dividend is biweekly and pays out directly in link to your ether address through the smart contract
>pic related was me when I helped family and friends participate in the ICO with me
collectively we almost have 20 shares to our name

>>14458173
Ayy. Same here, it's good to know that in 10 years when link will be 50k we will say that I was there

>>14460694
>check out their dex to see what linkpool shares are selling for now
https://staking.linkpool.io/dex

>>14458580
1 LP share is 10k link you can stake

i still cant believe my $400 ICO investment is now $30000

>>14459883
4K, not bad for just ETH prices

>>14460694
I own .12 shares. Am I going to make it?

>>14460923
I bought 0.12 shares for my close family friend who's a carpenter and has been mining ETH with us
I took a portion of his ETH and bought him 0.12 shares
I did it to make sure he'll be okay in retirement since he's helped our family big time and is like a second father to me
we're going to be fine fren

>>14459883
so it's a ponzi? nobody is using these nodes currently so there are no payments.

>>14458479
So, you mean just regular staking? Create a node (possible now, get to it so you know how it works), then when staking is released you stake your link in your node as collateral & start serving api calls.

>>14460694
a colleague of mine has close to 10 LP shares on his own
absolute beast
>mfw I told them about linkpool ICO and how we needed to hop on that bish
>fellas
>you're gonna want that linkpool share

>>14460975
Nice fren. How much do you think we will be making per 1 share, solely based off the dividend? Do you think we should make independent nodes or just stake our LINK on the Node-as-a-Service?

>>14461031
>so it's a ponzi? nobody is using these nodes currently so there are no payments.
you would do well to read and understand how their business model works and what their applications will be and what products/services they provide
see with your eyes and not with your mouth
before you speak, learn to listen and absorb the information first
it would do you well
>pic related

>>14460694
>collectively we almost have 20 shares to our name
Congrats on that. Seriously.

>25% of ALL linkpool profits go to linkpool shareholders
So that's divided by all shares or just the distributed ones?

I'm still not quite clear on the staking aspect. So LP shares pay you a dividend and enable you to stake Link. Do you get the dividend even if you have nothing staked or the staking of Link an additional revenue stream?

>>14461100
So it's a ponzi, got it.
You can't even answer where the link they're currently distributing is coming from.

>>14461100
>see with your eyes and not with your mouth
mfw

>>14461104
>I'm still not quite clear on the staking aspect
see
>>14461100

>>14461104
>Do you get the dividend even if you have nothing staked
correct, you get the dividend by virtue of being written into the smart contract through ICO contribution or through purchasing shares on their DEX

>>14461104
>staking of Link an additional revenue stream?
staking is on top of whatever you get through your linkpool share

>>14461104
>So LP shares pay you a dividend and enable you to stake Link
initially, linkpool share holders will have priority staking on the link network
they said they will ensure all linkpool share holders have priority
check out their whitepaper for more info and details

https://s3.linkpool.io/LinkPool+Whitepaper.pdf

they also have a marketplace and will have NaaS as well which will generate additional revenue beyond just link staking
ethereum will also be able to be staked on linkpool eventually (they are using link staking as the test bed)

>>14461104
>Congrats on that. Seriously.
thanks
>song related
http://www.infinitelooper.com/?v=buh1RQ3Uqgg

>>14461193
>So it's a ponzi, got it.
so you're a retard, got it.
learn to read between the lines you silly dick

>>14458115
Feeling COMFY as fuck right now.

>>14461224
>staking income is 0
>1243 link is somehow distributed as dividend
it's telling you can't answer this

this whole ponzi will collapse when people discover oracles dont really work very well at all

>>14458357
You dont have to own lp shares to stake with them

>>14461279
>staking income is 0
>1243 link is somehow distributed as dividend
>it's telling you can't answer this

it's telling you can't read (pic related is you)
>I'm a mirror, when a monkey looks and doesn't see a philosopher staring back, they get very upset

see:
>>14461199
>Do you get the dividend even if you have nothing staked
>correct, you get the dividend by virtue of being written into the smart contract through ICO contribution or through purchasing shares on their DEX

>>14461340
Idk fren, after a while people will be sucking other people's dicks for the privelage of using their LINK to stake. Lp will be good for early adopters. But overtime the market will be saturated.

>>14461463
>But overtime the market will be saturated.
by then, we'll be somewhere else lol
>webm related

>>14461767
You just gotta ask yourself how many LINK will my shares get me before we get there? For some it would be more worth it to just stack LINK l, I suspect the overall return will be very similar between the 2, but LINK could bring returns for much longer than lp could in terms of value.

>>14461868
>I suspect the overall return will be very similar between the 2
I have enough to throw around to hedge and invest in both
same with CLC
realistically I threw in 10% of my total crypto holdings in ICOs and they now represent almost 50% of my total worth
we'll see where CLC goes

>>14462028
You need to be 75% or more in LINK. You're insane for not being 100% in it.

>>14462182
I could sell more of my ICO holdings to pick up more link
but my other ico holdings are tied to the link network in a different way
always good to have my money working for me
it'll scale well
besides I already shaved off some to cover the money I invested in initially so I'm at net zero cost on my ICO holdings even with the unrealized profit I have by holding on to them

there's a reason the gauntlet had multiple jewels
multiple dimensions to it
good to be multi faceted

>>14461279
you fucking moron, linkpool is one of the first curated nodes on mainnet. they are making the link from job requests right this moment. why are you so fucking ignorant? you probably bought above $2.00 or maybe even not at all.

>>14462449
show those job requests. Nothing is using link, unless its chainlink itself that's paying.

>>14462475
the dex fees go into the payout as well
like I said
25% of ALL profits
linkpool will service the high end contracts
it will be glorious
on top of the other services they'll provide

>>14460375
Nigger it's a Ponzi

>>14462661
>Nigger it's a Ponzi

Is it too late to get in on this? I didn't get in on time because I am a poorfag but I could sell 20% of my link. I've been lurking the threads and some anon said the devs might selloff some of their shares in the future, is this true?

I don't want to pay these insane prices since I haven't done enough research yet

It’s a security and every burger who bought will eventually regret their decision no matter how high it goes

>>14462888
Anon Link is unique and worth 10000$, Linkpool is just a node, when the network develops you will have hundreds of nodes to choose from and with much better ROIs, there is no need to fomo in. LP niggers are flexing their shares but they're just projecting their insecurities on us. Just hold Link and be on the lookout for new nodes, Linkpool it's already obsolete

>>14462240
What are some ICOs that you're in that are related to LINK?

>>14463124
I know the price is insanely high right now and the thought of other nodes has crossed my mind but there's some reason so many people are willing to spend dozens of eth for a fraction of a share...?

>Linkpool it's already obsolete
not sure if I believe this, but I'll just have to dmor I guess

>>14463224
>but there's some reason so many people are willing to spend dozens of eth for a fraction of a share...?
It's just a two or three fomo niggers, also the price is so high because noone wants to sell so just a couple of buyers will pump the price to the moon

>>14458115
>not wash trading Linkpool shares between your 2 metamask accounts to sucker brainlets in to dump on them

Never going to make it

Price was 20 ETH per share when Link was $1
Price was 40 ETH per share when Link was $2
Price is now 60 ETH per share when Link is $4.20

Seems cheap right now, if anything.