/biz/ - Business & Finance

Doesn't mean jack squat when you hold a shit coin doofus

>>14910569
based and redpilled

>>14910876
cringe and copepilled

>Total supply of 1 billion

100,000 10k holders

>>14910891
>>14910907
cope

with a mature network, most of the link will be held by node operators or will be staked. it will be actually needed to maintain network usage in the first place.

it will be much more scarce than it is now.

>>14910907
650k are not available.

>>14910891
>>14910907
The general public will NEVER get it's hand on that Link. That is all going to institutions and large node operators.

Also it's not even possible for 35k people to own 10k anymore. Too many whales own more than 100k and a few owning 1MM Link now, reduce that number a bit more.

>>14910569
Win. Win Win Win Win.Fuck everything else, Win Win Win Win.

>>14910932
>with a mature network
kek imagine thinking this will happen

>>14911215
kek stay poor

>>14910907
make it 99,999 because I have 27k and IM NEVER FUCKING SELLING

>>14910569
Who made this shitty meme? Why didn’t they just change the symbols on his tie to chainlink cubes... fucking nulinkers

>>14910932
This is an interesting point. If most of the Link needs to be staked to run the network, then there has to be a lot of incentive to hold Link, rather than to sell it to get a greater ROI elsewhere. This would mean something like a 5-10% yearly ROI.
Let's say the MC goes all the way to a trillion dollars ($1000 per token): that means the networks has to generate $50 - 100 billion dollars in yearly profits to give a 5-10% ROI.

>>14910934
They're becoming available at 700K a day.
Cope

>>14911432
>then there has to be a lot of incentive to hold Link, rather than to sell it to get a greater ROI elsewhere.

This is true BUT you have to realize that businesses/financial institutions will require the link network to simply run business processes. The ROI from staking will only be a small added benefit for them. They will also get payouts for operating nodes.
The real money that they save is from the amount of jobs/expenses smart contracts will cut from many industries. This number is potentially in the trillions.

>>14911215
A few months ago it was
>main-net
Oh look where we are now?
God things cum to those who hold link and weight!

>>14911507
Maybe. I wonder how much value those savings (and in what proportionality) will end up channeling through various blockchain networks, tokens and oracles (Link).

>>14910569
that's okay, I'll be in other alts that will get me more link, better than accumulating link at a 20x

>>14911432
Visa and Mastercard do $20 Billion a year each. The Link network will easily do that much revenue.

>>14911247
found the newfag

>>14910569
Does this include people who have their tokens split between multiple wallets?

>>14911432
imagine thinking this will ever happen

Good luck ever seeing $4 again you faggots

A bunch of idiots getting hyped into a scam token, whats new

4k minimum now, Sergey is dumping 50 million new tokens from dev fund and has only done 10 million of them so far.

>>14911238
795 LINK here and proud

>>14910569
What If I node witha raspberry pi?

>>14910569
check-mate
>so you admit, that you're checking me out
>and you wanna mate
https://youtu.be/HJogEEdNNzk

I keep telling everyone, you have no true; idea of how much anyone holds because i myself have three different wallets with 10,000 each.

>>14911215
None of the bagholders on biz have even visited the github and set up a node on mainnet. Imagine a coin where all the early adopters and shillers don't actually contribute to the actual ecosystem in any meaningful way, they just make Sergey big mac memes

>>14912234
>I've got nothing to add to that...
https://youtu.be/Xmj-4J5yjEw

>>14912234
>>14912278
I don't need to see anymore to know that, I can read your mind...
https://youtu.be/aBQalkIeE7s

>>14911581
>God things cum to those who hold link and weight!

>>14912554
mfw
>hint: the guy on the right
42-Chad