/biz/ - Business & Finance

>>16809325
Considering that most defi projects are getting above 10% now as is I think Link has a chance of hitting 35% during the highest peak of the golden run. It'll be interesting seeing all of the Link Pool competitors really gear up and push the ROI upwards

I'm hoping for a minimum of 5% APY.

>>16809367
Once the network matures what do you suppose the annual yield will be? 5% or so?

>>16809367
I’m referring to threads where anons were equating a yearly dollar value per link. There was some speculative math surrounding the %age yield of staking and taking adoption from various markets into account. Was a great read. Any autists willing to warosu trawl?

>>16809325
already made $4,500 staking link on crypto.com

fren, we bsv now, i don't want to leave my frens behind so i just wanna say we're not memeing

>>16809367
>>16809370
>>16809386
Where can one read up on these yields?

>>16809602

>>16809325
Truth is no one knows. It’ll all depend on what oracle the link is staled at. If the data the oracle provides is scare then you can probably get a decent return. If the oracle provides data to contracts demanding a higher proportion than normal of the contract value be staked then you’ll probably get higher returns.
In short, it will be a market. Oracles in higher demand or whose supply is limited for some reason will earn more staking rewards. Whereas common oracles providing data like weather or stock price will earn less.

How will LINK loan returns impact staking rewards? Surely there will be more attractive opportunities to loan LINK via DeFi than a node offering 5%. What will competition between the two look like?

>>16809769
Considering learning how to run a node as I think it could become quite lucrative eventually. I think being an early network participant and amassing a positive reputation will make said nodes goldmines once the network usage takes off.

>>16809812
Good question anon! I think factors like these will be good for holders as staking pools will have to offer competitive rates compared to other DeFi instruments. Although I think staking link in a staking pool as opposed to lending it to other DeFi projects would have a positive effect of the price of the token due to it being effectively locked out of the market as collateral, rather than that token being leveraged on the market.

>>16809816
It will. Just don’t fuck it up.

Staking in Chainlink will come about when node operators across the network are servicing so many jobs that they can't keep up with the collateral requirements.
They will bear the opportunity cost of using other people's LINK as collateral (which isn't ideal for them because they are sacrificing part of their profits) only when their need for other people's LINK is so substantial that that cost is warranted.
In other words, "staking" in the form you you putting your neetLINK in someone else contracts will only happen when there is so much value moving through the network that the node operators can't actually supply adequate collateral without your help.
By the time there is this level of volume, the hype around Chainlink will be orders of magnitude higher than it currently it. It will be only the third crypto project after BTC and ETH to actually be facing network congestion as a result of demand.
By the time THAT is the case, Chainlink tokens will be $20+ and everyone will be talking about it

There are a lot of things to look forward to with Chainlink as an investment but "wen staking" is a red herring that is literally years away, and will come after the network has exploded in value and attention already.
Sorry to burst your bubbles.

>>16809880
>$20

>>16809862
That’s what’s putting me off haha. Has anyone ever set out a rough guide as to what type of home set up for a node? Seen some tutorials using GCP virtual machines. Is there a redundancy for downtime with the Google Cloud virtual machines?

>>16809880

Your bags will pump considerably then you’ll be allowed to earn a %age as passive income. Doom.

>>16809730
What have you made staking link?

>>16809325
>Can we have a discussion on this without 42 hijacking the discourse
you rang?

>>16809325
>Annual yield per link token
https://medium.com/linkpool/market-update-responsive-design-explorer-listing-and-new-search-aa8c27e48306

>>16810766
Checking those digits 42... What do the alchemic fires hold for chainlink in 2020?

>>16810941
41+1
>Checking those digits 42
>What do the alchemic fires hold for chainlink in 2020?
ethereum scaling and government legislation are the bottlenecks for us at this point
I expect staking to come online for linkpool at a small scale (at first)
I have a feeling that the chainlink developers are pushing the eth 2.0 development

Timo (ironically) is doing a great job explaining the upcoming roadmap:
https://twitter.com/DLTPandu/status/1214391462223400960?s=20

another critical thing that shouldn't be discounted:
the chainlink team (as a company) needs to run a tight ship and prevent the competition and other malevolent parties from sending in spies and saboteurs
It sounds ludicrous but it's a very real problem, particularly in this type of industry

>>16811144
>What do the alchemic fires hold for chainlink in 2020?
two words:
>enterprise adoption
retail will follow

>>16809880
>$20
Bruh,im already a multimillionaire by the time we hit $20, this ain't bursting my bubble, only thing I bust is a few nuts imagining how comfy that shit would be even if it a conservative 5% per year. My ass will be retired. If it's a few years then I just keep doing my 24-48hrs a week in a low cost of living area and trying to earn 75kusd/yr. That puts housing/other spending/investing at a comfy 1:1:1 ratio. If the housing bubble bursts and my boomer stocks/bonds aren't too wiped out I'm buying a condo or townhouse in the city I have picked out for my linkytirement.

>>16811144
Isn’t linkpool already paying stakers? Not, of course, by any chainlink derived logic but by their own scheduling?

Algorand is not playing around with the 16-20% APR on Binance. Thats a safe haven and if the price goes up youll find yourself in a limbo.

>>16811178
>Isn’t linkpool already paying stakers?
it sure is
and for those who bought in at ICO prices, it's quite a reasonable dividend so far
initial staking will be taking place on the linkpool platform without a doubt

>>16811144
Checking those digits too 42. Kek be with you. Interesting thought on maintaining integrity of the business. The thought of Sergey having to be a centralised oracle for talent entering his business in order to be able to build a decentralised oracle network for the world amuses me. Do you think he’s up to the job?

>>16811188
Checking the digits anon.

>>16809325
chainlink 1k eoy checkem

>>16809325
Anything over 8% and pajeets will rush in, anything less than 5% and others will lose interest. Long term (depending on the cost of money etc) I’d expect an annual yield of 5-8%.

>>16811538
8% would be comfy! Staking rewards are just the icing on the cake after you’ve done your deep dive and devoured all the crumbs. What an investment this will turn out to be. Thank you AB wherever you are!

It's to volatile to predict. I think link will give a 10% yield in terms of link, but most of the USD apr will be due to link's hype cycle.

BTW the 350 million 'incentives development' stack will end up being inflationary for LP holders, CLC jews, and other privileged parties.

>>16809730
sorry i actually make money instead of bagholding.

>>16809602
SAME my boy
8% per year and I can sit comfortably knowing everyone else does not have theirs appreciating. 20,000 LINK stack is now at 21,200

>>16811671
Not your keys not your linkies... uh ohhhhhhh

>>16811648
Can you elaborate on the “350m inflationary for LP holders” etc please anon?

>>16811760
Based

>>16811607
I agree. Plus 8% is long term. Short to medium term will include a premium for barriers to entry (crypto is new) plus a risk premium, so I’d expect 15-19% initially. At least.

ALGORAND 16-20% on Binance.....

>>16811806
Just think of the compounding...

>>16811856
This. Compounding on an appreciating asset... I’m gonna coooooom

>>16811866
C-checkemmmmm a-AHHH-nOOOOOOONNNNNNNN!

>>16811775
Nodes that retain their rewards get more power. Nodes that sell their staking rewards have their power deflated. A certain amount of node returns will be distributed to the market every day.

>>16811966
Nice dubs anon thanks for elaborating! So what you’re saying is get a node set up and build up reputation early, and never fucking sell.

>>16810766
Chainlink is a JIDF psyop scam. Death to israel rabbi

>>16812042
Short it with 25x leverage anon. Please.

>>16812022
if you're trying to run your own node you're basically fucked already

>>16812153
98 nodes and counting

>>16811760
If I put my linkies on a trezor and if it gets lost/stolen are my linkies gone? I need to get them off exchanges. How does it all work bros?

>>16812277
Yeah your linkies are gone, sorry for your loss

>>16812277
your trezor should have a security passphrase that the thief wouldn't know, giving you time to move your funds using your seed phrase which is hopefully stored in a different place than your trezor.

>>16811273
>Do you think he’s up to the job?
yes
he's assembled a great team

>>16812319
Your passcode is sufficient. No need for a phase.

>>16812042
>Death to israel rabbi
42
heh...nothing personal kid

>>16812277
CHECKEM! Securing your linkies is no joke and should be treated as such anon. If you physically loose your device you should have the seed phrase which will be enough for you to move your stack to a new wallet / device. Get 2 small fireproof safes and store the device and seed separately. I protect my investment as though it’s already valued at what I want it to be in the future.

>>16812477
>>16812277

>>16809325
I spread my autism/hopium once in a while. Can you search from img filenames? I always post the same fat girl.

Due for another rehash...but I'm a phone fag most of the time and it takes forever/no copy-paste or actually bookmarking all this shit (I re-research it every time like a retard).

Basically just start googling industries that SCs will take over, and takeover they shall due to competitive advantage. Gaming (sports betting/slots/tables not fag gaymer sjw shit) is the baby of the group, and the first I see being fully engulfed/replaced. About 70b online, almost a trillion brick and mortar. Rough 15% for a chainlink backend, assuming no crossover for verifiable/provable fairness gaming with little to no kyc won't steal b&m traffic (it will)...comes to 30usd per link per year. Business pricing 3-5x or 90-150 valuation. Boomer pricing as an investment vehicle puts it at 300-600 (10-5% roi).

That's just gambling, and assuming no new growth and no new segments like utilizing the trustless steam skin trader (hackathon) to gambol on z-sports.

>>16812488

>>16809325

>>16812517

>>16809325
I'm too lazy to do it, don't even know if these are original filenames I can't see

>>16811760
>he sits there losing money on his scam token because of this dumb meme
kek

>>16812507
>>16812523
>>16812538
get this painted lady out of here

>>16812517
42 my man, somethings happening here. This has the beginnings of once of ((those)) threads. Are you anticipating the fireside chat with Sergey & Ari? Mixicles is going to be huge for link imo!

>>16812568
>Are you anticipating the fireside chat with Sergey & Ari?
I have half a mind of going there myself

>>16812507
Anon this is the sauce! You may well have been the based anon I was originally referencing. The breakdowns on every industry you wrote were fascinating / exciting. There are too few threads with tangible autistic logic nowadays. This thread has invigorated me for sure! Even 42 is going easy on the schiz tonight :D

>>16812578
Of course you’re going to be there Sergey... Thanks for the insight.

>>16812477
It's impossible to protect your seed phrase.
A safe is like a neon sign asking a thief to take it away.
Maybe using a cold storage solution would be acceptable, but it's also impossible to thrust a third party.
The best solution is to try to memorize it and destroy all other possibilities to get it or to hide it using steganography.

>>16812277
No, the Trezor or similar are just a convenient interface. Your wallet/address is the only thing that can store your linkies, or someone else's wallet I guess. Stamp you backup phrase on a couple plates in steel or titanium, two seperate locations obviously so you have backup in case of loss or compromise. It took about 30 minutes but I just used a steel letter punch, 16 Oz jeweler hammer, a half inch thick steel plate as an anvil, and put them on titanium plates.

>>16812507
Shit like actual derivatives is fucking insane and I went pretty deep trying to give some realistic numbers. Fifteen zeros doesn't seem like a lot until you type it out (quadrillion) . Global insurance premiums are 5+ trillion annual, 2% in CL transaction fees/SCs (which result in 50-90% increased profit margins across most industries) is 300usd per link per year, 900-1.5k business...3k-6k boomer.

>>16812627
didn't someone do the math on Sergey's name and somehow relate it to 42?

>>16812628
Based and true. Double safe option makes me sleep sound. When the singularity hits I’ll be talking to the relevant parties to makes sure they’re as safe as can be and insured against loss.

>>16812634
Is it possible to travel with this titanium plate ?
Won't the seed phrase get compromised when going through X-ray ?

>>16812673
Just memorize your seed words, brainlet.

>>16812637
Yeah eat those pancakes you fat slob. Slather them in butter and gobs of sugary sweet maple syrup. Yum. Stuff that moist slop down your piggy throat. Yeah. Devour stack after stack of those sweet round cakes.
>this bitch is disgusting

>>16812637
That’s the good stuff anon. Hit us with your wildest calculations and phattest thots. You have biz’s attention now.

>>16812695
Kek, pretty good anon... But where’s the PROPER disgusting anon who was coming out with some gems to thot posts a few months back? Really grim stuff. Anyone remember him haha.

>>16809325
what yield? you realize there's no staking?
NODES lock link for collateral and they get income. Not link holders.
Node owners already have link. Who do you think registered to run them? Link holders.

>>16812673
I wouldnt travel with it. Whoever has the seed has everything. The device is what you travel with, they need a PIN to use it and it will wipe if failed PIN entry. I'd keep it in a junk drawer or something where it's safe but doesn't draw attention as looking important. Maybe in a box of old keepsakes or childhood toys. If you need funds while traveling put it on the device or in a wallet with just the amount you want to spend and keep the rest in cold storage. Be your own bank sounds cool but the security part is no joke. It's not all that inconvenient with the right planning and execution though.

>>16812607
My abuse of parentheses (not the pointing out kikes kind) and rape of commas makes my writing style distinct. The pig just helps find the threads.

The interesting thing is that the payout/rewards for nodes won't be flat, but will cause an arms race to see who can aquire the most collateralization/trustworthiness for their node (pool). So 30usd per could realistically be 90 per for the top 10 node operators and <5 for the neet nodes serving free/public api data (that only gay reddit devs want like forest planting). Interesting what this will do to speculative price.

The other worry is how much decentralization/trust big companies actually want/need, and the aftermath of that arms race to get there. Chinks can come in and charge just over electric costs to try and steal business from nodes, and if companies don't care or use enough of the cheapos to feel safe, the shitskin third worlders can bleed us out like with everything else.

Instead of 5% roi we could have .05%, if the corporations are too jewy and try to min max profits. This is, of course, after a massive 5-10X on their net, layed off 75-90% of their labor...and are still trying to screw us out of that last little percent. Only time will tell, and there's no way to predetermine what the market rate will be for the services. Only a rough guide using current rates to guess what things "should" look like, ie "5 million collateral for X hours costs Y through boomer markets". I tried to get into trade financing shit for a while but that level of heebery makes my head spin. Maybe someone can copy paste or link some shit about my (very amateur) research on the current cost of derivative trading.

>>16812780
Read based anons calcs in the thread. I’m sure he’d be willing to share more if you’re wanting to hear? It’s exciting stuff seeing it laid out even in napkin math!

>>16812823
For as many niggers are
>masters in finance
>any job I want
>300k starting
On this board, I never seem to get any real input or ideas as to what a normal derivities trade actually costs/looks like. There was a commodities anon that confirmed my time numbers weren't off/were realistic (boomer clearing times are laughable)...but never any experienced guys giving us plebs the rundown. Everyone here is a faggot larper.

>>16812823
sorry to burst your bubble, but there's no mechanism to prevent eth or dai staking. It's literally impossible to prevent it due to how ethereum works. There's a blockhash opcode that allows contracts to access the state trie of the entire ethereum itself, which means it's possible to have contracts whose outcome depends on arbitrary events in any other contract. If someone tells you it's impossible, he's either lying to you or incompetent.

Dai staking has a great advantage because its value is stable. Eth staking wins because it's so liquid and everything needs it for fees anyway.

If link oracles become actually used, the pointless addition of the link token is going to be eventually removed in this way. I think chainlink won't get any significant adoption, but even if, there's no future for the token beyond hype.

>>16812863
>sorry to burst your bubble, but there's no mechanism to prevent eth or dai staking
collateral*
in addition, here devs are the direct audience, so there's no "it's too complicated" defense

>>16812806
I hear you load and clear regarding how much weight big companies will put behind decentralisation. What I actually imagine happening is a situation where it becomes a positive buzzword for companies handling data to gravitate towards and market. I think data rights and upholding them will become to the forefront this decade and companies will try to outflank one another with how careful and little they know about your data. This will bode well for link imo. I think where the real bones of the potential for chainlink to show the exponential growth price wise is when derivatives and the stock exchange take the SC leap. Once that volume of data and value is being secured, estimations begin to seem mind boggling.

>>16812854
Aren't at least 50% of people on /biz software developers who can't fit in with normies ?
People who are looking into crypto are usually younger and have a preference for complex technology.
Lawyers/accountants who are about to be replaced by Link don't seem to have the profile to know about it before they will lose their job because of it.

>>16812863
That was always my main concern as a newfag that just came from /pol/ at mainnet. I came to the conclusion that node operators will "hopefully" self enforce to give value to just link. Combined with sirgay trying to have an all encompassing capture of oracles, and boomer's lack of tech intelligence, will dissuade corps from deviating from the cookie cutter plans.

Eth is a dead meme anyways, just need some chinkscam to actually deliver a faster tx, lower cost chain instead of pnding.

>>16812926
>Eth is a dead meme anyways, just need some chinkscam to actually deliver a faster tx, lower cost chain instead of pnding.

Brainlet here

Can someone explain the % returns? What is is based on as in if I have 5k link staked in a node and link is worth $1000 per link I will generate 5% income off of 5 million a year?

>>16812906
Someone I know just finished up school doing wealth management. Eyeballed with debt. Good luck competing with a chainlinked AI wealth manager in 10 years time if they’re lucky. 5 if they ain’t.

>>16812956
That's normally how you denote return on investment (roi), as a time (day/month/year) then % of initial. Mine are always the guesstimate actual usd per link, then converted into the corresponding roi%. As that is a better way to actually do it, instead of just saying "hurr durr 50% staking gainz with shitcoinX plz buy sirs" like moongoys do.

>>16812956
Whoever you stake your link with will offer you a yearly % of your stack.
If you have 5k link and Linkpool offer you 5% per year. You’ll gain 250 link a year. At the end of the year you sell the 250 link you made that year, the market price is 1k per link. You now have 250k cash (got to pay tax) and your 5k link still staked.

>>16812974
It's funny that he did not learn to manage his own wealth while learning about wealth management.
I learned from Charles Gave interview videos that people working in fund management who had to keep a portfolio during their studies all ended having heavy loses and were inept at managing wealth if they were not able to manage their own wealth.

>>16813012
Here's what I always wondered about. So staking is self employed income, right? If no staked tokens are sold, only the rewards, that would mean no capital gains are paid right? This would be pretty nice if so, and seems how things are written, but you never can tell since it's IRS and government we're talking about laws don't mean much of anything if they want to fuck someone over.

>>16812995
For all the talk of staking, I still think the likes of Threshold Signatures and Mixicles will come first and will actually put the network in a far better position than if we got staking too soon. The rhythmic additions of network participants that’s occurring on an almost daily basis is also incredibly bullish. Metcalfe's law.

>>16809880
Considering link has done a 300% average yearly gain...and that we already have mainnet trading and moving info. I would venture and estimate that we could see staking around 3-4 years from now. Pack your bags in other words.

>>16813059
Move to Portugal anon. 0% taxes on crypto. I’m sure there are ways and means to avoid it by setting up companies in tax havens etc. CAYMAN ISLANDS AMIRITE LADS HEH. I’ll be paying my dues and resting easy in the citadel.

>>16813054
This person failed to attain the certain level of degree required for the good graduate jobs anyway. Had that happened anyway the mandatory credit checks that are carried out would have fucked him as he has dire personal finance issues. So if by some miracle he takes a couple years to get a gig, the time bomb will be half way to blowing and he’ll have no idea smart contracts are going to take his livelihood. Talk about cucked!

>>16813060
Agree somewhat. When staking is such a gayboi cancer way of thinking. What's the point if there's not going to be enough requestors...but it's a double edged sword. Service agreements/staking not being live holds back the data that can be provided and reduces it to "heartbeat" type feeds paid out of pocket. Imo really hampers some early adoption/traction when mid tier brainlets see CL and go "hurr durr only eth/usd worthless technology", especially when those brainlets are upper middle management of companies that will use DLT.

>>16813059
Yes, and you don't even have to sell your returns (obviously), so you could just let it sit and compile...if you really want to wageslave more. I haven't fully looked into it, but I'll transfer my link to a llc or 3 and have it run as a separate entity. Pay myself a base salary, and write off an ass ton of living expenses/car/office/"business meetings" with fat brappered IG whores do discuss my paying a night for me to smell the smellz, etc.

>>16813155
Checking those dubs anon. I think we have very similar plans post singularity. Care to discuss how we can get away with paying as little as possible over a fine bottle of malt whisky and a harem of IG roasties.

>>16813012
Thank you!

>>16809367
>Link has a chance of hitting 35% during the highest peak of the golden run.
Jesus Christ

>>16813472
Well lads! Hope this thread was a little more entertaining than BSV shills or DMT larp. Think we did a goodun. Off to bed I go! May kek be with us all!

>>16812644
hi 42. the new tame impala is kino, have you liked the singles off the album so far?

>>16813772
>responding to a failed LARPer inquiring about /mu/ shit
Absolute fucking state of /biz/

>>16813876
>FUD, spread negativity in every LINK thread known to man.

How big is Your link stack?

>>16813956
Zero, I don’t own scamcoins
You couldn’t put a gun to my head demanding me to buy even 0.0000001 LINK, i would rather die than participate in a ponzi scheme. Would you did to hold onto your LINK?

Have said it countless times, only crypto i own is zcash, which unlike chainlink, is completely transparent in its ownership (JPM, DARPA AMZN) and founders (DARPA, ISRAEL)
No “breadcrumbs” and LARPs here with the zchads, just straight up FACTS

>>16814043
Lol nobody likes you

>>16814043
>only crypto i own is zcash
hi spook!

If you're not selling over $2 get ready to bleed 50% VS. FRM's 4x.

>>16809325
Brainlet here, why should I stake if the price might dump to -50% or so over the year?

>>16814043
Ok Uncle Oldfag
u n i r o n i c a l l y

>>16812578
I just looked this up but don't see a date anywhere. Is it tonight or something?

>>16809325
How come no one has mentioned the competitive nature of crypto lending/liquidity pool and staking?

Interest rate for lending will be highly correlated to staking reward which is sweet.

>>16809325
So if you stake one a node that fucks up, all of your pinkies are gone right? So you have to put a lot of trust in a service like LinkPool?

>>16812607
>Even 42 is going easy on the schiz tonight :D
Friday night shagging kept me away from my terminal

>>16815696
42 is a Brit?

>>16814339
Then dont? There's a serious answer but it involves basic economics and 80 iq intelligence, so easier answer is "buy BSV very good satoshi real creg"

>>16815460
LP says they cover errors from their take, I guess hypothetically with a major error it could liquidate them and then Idk what. But the reality is penalizing shouldn't be a big factor, and will only come into play with complete service failures (server down/power loss with no backup, etc).

CL makes it so the transferred data is tamper-proof, so there's literally no way to spoof or inject malicious data as a node. Compromised data is much more likely to be at a data provider level, which is the sole responsibility of the requestors to pick multiple and solid providers...there is no recourse to nodes.

Again, you'd only really get dinged for uptime in practice...whatever small percentage is decided. You won't get cleaned out of a 5 million dollar stake (because the other 5,10,100+ nodes would aggregate and come to consensus without you/overrule you/in your absence)

>>16811966
it's like when you were young and you're at your uncle's house and he just got don't touching your peepee and he bring you into a room with a comfy fire liand he sits you down and tells you how everything your feeling is weird and wrong and you should never tell anyone about what you two just did

>>16813772
>have you liked the singles off the album so far?
there's some good tunes there for sure
https://youtu.be/vpbblMR_jUo
https://youtu.be/4hZ_wTx_kWg
https://youtu.be/C7VlC0QjdHU
https://youtu.be/44lWO3qhQMk

>>16815926
Oath Breaker!

>>16815930
Kys faggot leaf

>>16814384
>I just looked this up but don't see a date anywhere
February 18th 2020

>>16815726
not a brit

>>16815811
Also how does this chick look so cute here, but is some goofy bimbo in every other pic? Fucking women man. Thought I found my first staking rewards purchase.

>>16815940
>Kys
your obsession with suicide says a lot about you

>>16816019
>tripfag
>reposts same thing and replies to himself 200x each thread
>calls me obsessed
Do you ruin threads solely because your tiny gook penis physically can't ruin a respectable white braphog?

>>16816224
>thotposting
anon...i...
https://youtu.be/KdYaHZHMGDM

>>16815982
thats photoshop bullshit. instagram is cancer

>>16812854
fin agent here. i work on the trading floor. the cost to the client for options contracts varies but is typically $35 minimum for commissions + $6 OHF. but we are not a high volume trading firm. options contracts on TD Ameritrade is $6.95 + $0.75 OHF commissions.

Of course this isn't the answer you're interested in because you want to know the cost of using and maintaining the options exchange network. To get a better idea of that cost I'd start with the OCC (Options Clearing Corporation); they are the largest derivatives clearinghouse in the world, and they are essentially the people smartcontract Defi would be replacing. Of course replacing the largest organization in the world is completely unlikely due to the trust they've grown and raised over the years, more than likely they will adopt chainlink themselves and provide an interface to the network through their services.

You can get an idea of pricing here:

https://www.theocc.com/membership/schedule-of-fees/

>>16816382
Appreciate the effort. I went pretty deep looking up avg prices through ICE and CME for institutions, but some of the language, abbreviations, and units are attrocious to someone who is a truck driver by occupation with only an above avg (135) iq.

Was hoping someone would find and post/link them. Was more interested in credit or interest rate swaps. Never could nail down a truly good daily volume other than working back from the total market cap and approximating.

The answer was "depends greatly on type and their personal financer and clearing house" but like 5k-25k+ per trade. Which is better than the dumbassses with their "muh 5% capture of 1.2 quad is 3.3.4k/link!" bullshit. Just wanted some of the numerous quant PhD just learned python 500k starting retard larps to just say "we spend X yearly in fees". Much easier to guesstimate.

>>16814085
I liek em >:(

>>16816494
Yeah, unfortunately(fortunately?) finance is very guarded and secretive with its inner workings. I truly believe that a large portion of finance is intentionally obfuscated to ensure the general public will not understand the management of wealth or the great dicking they're getting from the fed/industry. But as long as the general public wants more money, they're sill gonna buy our services. It's honestly irresponsible not to.

I'm not high enough in the chain to know what we spend on fees for options trading, but even if I did, it's not a good example because we are not a high volume broker dealer, and I would probably be taken out back and shot afterwards. Best you can really do is estimate.

https://www.theocc.com/components/docs/about/annual-reports/occ-2018-annual-report.pdf

>>16816588
Yeah. Thx tho fren. I skimmed 4 or 5 multi hundred page reports trying to get in to a better spot to understand. Doesn't seem like anyone new cares to read/dyor...but they can search the brapwhores filename and find some. After spending a better part of a day and a half learning about that shit just to answer some zoomer mooners dumb question I realized I have autism and should stop.

The official answer for me is "enough". Especially when the uk, us, and isda make CL the only legally reccomended/required way to execute SC inputs and outputs.

May take a while to be fully realized, but once things get going we're about to see some crazy shit.

>>16816670
Going to go on a deep dive whilst on night shift tonight lads... See if I can come up with some numbers. This threat has awoken the reeeee in me. Thank you anons for keeping the discourse going! Has anyone looked into what value tokenised assets could be worth like real estate? Surely SC’s are primed to disrupt that market via CL?

>>16816772
Titles (both house/land and vehicle) are government ran territory. Government is hellaciously slow to adopt tech and train their literally retarded niggers how to operate "da campooter". I say this as someone who implemented electronic health records in a large CA county...and the fact it took like a decade to do.

Tom Gonser made mention of trying to pitch doing heavy vehicle tags/tax via smart contract back in the day
>>1676269 ...so it's out in the ether. More of a probability that a meme dealership does all the paperwork on blockchain first and CL transmits the data back into boomer tech like fax or w/e.

Derivitives, gambling, banking all have more money freely available for optimization/automation. Though I promise to spend some of my gains trying to ruin faggot donothing RE agents any way I can.

>>16816948
>>>1676269

>>16817000
Whatever I'm a dumbass that can't link archived threads because I only ever lurked. Fuck me

>>16816948
Sure I read a DocuSign tweet about the latest hackathon stating that smart contracts can be written into docusign frameworks right now. Be interesting to see the results of that event. I think based Tom will bet hard on Chainlink when the network is mature enough. He sees the potential cost savings even for his business model. It gives me shivers seeing basically every project being built that’s worth a damn with CL in their white paper at the dna level.

>>16817029
Listen to the pod. He's now a (semi?) official consultant. Even if he calls sirgay "surge" and "surge-gay" a couple times, who doesn't butcher their close personal friend that pays them to do fireside chats and podcasts together?

https://acrabaselayer.podbean.com/e/base-layer-episode-097-sergey-nazarov-chainlink-tom-gonser-docusign/

>>16817000
>>16310742

>>16816772
>>/biz/thread/S16310742#p16311135

>>16817271
And again this was never meant to be for the public or mommies lil crypto trader. The chainlink team gives precisely zero fucks about us or speculator valuation.

This is a business to business solution with trillions of dollar yearly savings. Every single crypto project does nothing until link does it's job. That's what is at stake here. Not shilling to 9gag and redditniggers to buy our bags and "cashout" at 4.50.

>>16813772
>>16815930
>2020
>tame fucking impala
Incredibly shit taste. You god damn normies should be ashamed of yourselves

>>16816948
>Though I promise to spend some of my gains trying to ruin faggot donothing RE agents any way I can.
based

>>16817402
Anon I would hold her upside down by the ankles after fucking her just to make sure she got pregnant.
>in b4 getting thots pregnant ngmi
>in b4 not strong enough to lift braphog: I’m chad.
This is what makes me so bullish on link is that it needs no speculative hype to pump our bags. The boomer businesses trying to cut costs will. Real players with real cash to throw around. It’s a fucking no brainer investment once you take the linkpill

>>16817177
Checking the dubs

>>16809880
Lol

The hype will push it to 800$ easy. This is the golden bullrun were talking about.

>>16817457
What is non-shit taste? I'm not saying tame impala are good, I'd probably hate them.

>>16817621
Idk man that's a biiiig bitch. Wouldn't be able to pull out if I tried, for the record.

>>16812637
glad to see someone actually did this math anon was positing lmfao

though I would assume that the 2% captured from traditional financial markets is more indicative of a possible total market cap for all crypto, and then derive what link would be worth if it was in the top 5 or 10 by market share.. Either way, you make it

Okay, so how long is this all going to take to roll out? Anothet 10 years? Fucking snail paced faggots running the show...

>>16818684
Anyone that uses market cap/share and comparison to previous marks of those numbers is functionally retarded, and should actively be treated as such.

One of the biggest blackpills in crypto is just how incredibly stupid the average "investor" is. Honestly boggles my mind and generates an impressive amount of internal rage towards you idiots.

>>16819027
Ok. Go back.

>>16819034
>cancer tripfag
Atleast 42 the dog dick sucking Canadian posts something of slight substance. Enjoy homelessness faggot.

>>16819137
Already been homeless, it is definitely more enjoyable than wage keking.

>>16815939

>for zhou

fucking kek

>>16815696
Every time I see the Big Data McDonald's hexagon box shape with 42 on the cover of Bloomberg my schizophrenia grows stronger. Its truly fucking insane how could it be possible. Its too much

>>16820111
(((They))) are watching us...
WHO'S OUT THERE?!?!? WHO IS IT?!?!?!!!
YOU'RE NEVER GETTING MY LINKIES!!!! EVER!!!! YOU THINK YOU CAN THREATEN MY FAMILY?!?!? I'LL KILL THEM MYSELF!!! YOU WILL NEVER EVER HAVE MY LINKIES!!! EVER!!! ALSO FUCK NIGGERS!!!

>>16812785
store important stuff under your toekicks. it will take some work to retrofit but no one will look under them.

>>16809602
Don’t forget to stack them from Monero wallet. It’s very secure and anonymous. Like how we like it.

>>16809325

HHHHHHHHHHHHHHHAAAAAAAA HAHAHAHAHAAHAHA AHHHHHHHHHHHH AHAHAHAHAHA

>>yield

okay mr. wallstreet

you guys realize link in total did a x35, a miracle by any standards before retracing to what like... x18 ico levels? that's not impressive in the grander scheme of things when comparing to a; successful stock or edgy call. I think it's time to pat yourselves on the back

>>yield

bahahahahahahahahahahahaha

You guys are fucking stupid. Staking wont ever work. Chainlink token price ain't ever gonna be worth a fuck. It's supposed to be blockchain agnostic but wont ever be for years to come

Yes chainlink has a chance to be 1000 but won't ever be for years

I also have 14k link I completely forgot about

>>16818735
5 years at least once it blows up ain't no going back

Kids will wonder why smart contracts took so long

>>16809325
The annual yield per LINK token is 0%, that much is obviously to anyone that's been holding since 2017. 2018, 2019, or 2020.

Was Ethereum shizo-posted this much too before the bullrun?

Bump