/biz/ - Business & Finance

>>20503391

Feels good to get nearly one WHOLE free linky to neatly stack on top of my whale sized stack. Just one more I'll never be selling.

>>20503391
Nice, forgot today was distribution day. free link.

>>20503493
It's not free, nigger, I paid for it.

>>20503391
I really want to buy more but it's just so expensive these days.

Was anyone else in the thread yesterday where 2 anons organized an OTC trade for over $50,000 worth of LP?
It was a beautiful thing to see.

>>20503391
Why did I only buy the minimum in the ico?

finally more than 1 whole link, feeling on top of the world right now

>>20503391
What's the current ratio? How many link do you usually get, and how often, for having a single LP share?

Also, how does this work? Is LINK sent to whatever wallet you hold the LP in?

>>20503804
At least you got got the ico, I kept putting it off because was waiting for eth to drop more and thought I had plenty of time. But then they ended the sale early and gave you lucky fuckers the extra LP. I was one of the first buyers on the dex though

>>20503765
Sauce please.

>>20504003
Every two weeks. 1LP got you about 0.37 link but this payout was about 0.83

>>20504082
I bought it as fast as I could, I thought for sure it would sell out very quick. I was happy to be wrong and get nearly 50% more. Still wish I had put in a whole eth back then l. But I just got into crypto and was not sure about anything yet.

>>20504094

>>20478484

>>20504112
I got quite excited for a moment, I received almost 13 LINK this distribution. If it were to keep this pace for the rest of the year, I could retire and be the king of Mumbay

>>20503765
Not only did they do it, but it was casual af. Can’t wait for decentralized exchange to become the norm.

>>20503391
That must mean there's a lot of new nodes getting listed.

>>20504170
Thanks.

Is there an alternative to this for amerifats? Why is it illegal for us again? Jews obviously, but why?

How does linkpool work? 1k linklet stack here

>>20504942
So poorfags cannot become rich. They do not want you be part of their club.

>>20504942
It's not illegal. You're not a lawyer. Don't worry about it. Just click what you need to click to get rich.

>>20504982
You get a portion of the all the profits they make across all their services. You also get early access to staking and guaranteed staking of link.

>>20505023
How do I start tho? I've heard about it for a while but never knew how to actually start staking

>>20505053
its too late, you can't afford enough LP

who runs it are they actually competent enough to be on top of all the staking
did sergey make this

>>20505076
What do you mean?

>>20505053
>>20505230
You go to staking.linkpool.io - you will need metamask installed. You can connect your ledger to metamask if you have it, otherwise use metamask wallet. Transfer eth to your wallet. Go to the dex and buy some linkpool. The smallest amount you can get is 0.04 lp. 1 lp goes for about 60 eth last I checked.

>>20504138
So you're telling me if I spend ~$15k, I can make $6 every two weeks? WOW COUNT ME IN.

>>20505397
Based high time preference retard

>>20505397
LP price can go up you mongoloid. And its market cap is less than a percent of chainlink's

>>20505397
You need LP to stake LINK on LinkPool. You're not buying LP for the rewards. Look at Market.link to see which nodes are getting the most jobs.

>>20505532
>You need LP to stake LINK on LinkPool
You sure about that? There is literally an interface on their page that allows you to directly stake chainlink on nodes.

>>20505577
How new are you?

>>20505609
I've held for much longer than you have. You'll be able to stake without LP guaranteed.

>>20505384
Thanks, guess im just gonna hold forever :P

>>20505532
>You're not buying LP for the rewards
But that's the point. The rewards after staking & NaaS are gonna be huge

>>20505730
Could you give me a small rundown on LINKPool? I'm currently on LinkPool and 1 LP is selling for around 40-60 ETH? Am I reading this correctly or am I completely wrong?

And say I am staking ChainLink on nodes without LinkPool, is the return still the same? Why would anyone hold LP then if you could just stake without the token?

Also, I'm assuming to stake you just transfer to the wallet and stake? How secure are your tokens here? What is the chance of your tokens being. burned in the collateral if a contract fails?

>>20503989
how much do you have?

>>20506015
read the wwhitepaper

>>20505003
Why do you mean by this? I'm in the US and feeling some major fomo

>>20505883
If you think that you must not have much LINK.

>>20506142
Burgers have been buying linkpool through a vpn

>>20503391
>A new all time high for LINK distributed per LP.
>It's happening.
mfw

>>20506093
https://medium.com/linkpool/staking-with-chainlink-b58eb3de6f1b

So if I'm reading this correctly....

Staking at the moment with LINK tokens on LINKPool isn't possible (says so on LinkPool market)

Secondly, it wouldn't be worth it for me to. buy LP at this current time if I were to trade my LINK for ETH to then buy LP. It's much safer and probably more profitable for me to wait for staking to go live and then actively stake my actual LINK tokens instead?

One thing I would like to know though, does anyone know the difference in returns one would receive for staking LINK compared to owning a LP?

So say at the moment someone said 1 LP returns 0.36 LINK every two weeks but this payout has been higher. Let's just say 0.5 LINK for 1 LP every two weeks. One LP costs around $15,000 today. If I were to stake the equivalent 1875 LINK instead does anyone know what the returns would be for that every two weeks?

And also, just to clarify. I can then remove these tokens at any point and sell when I wish to?

>>20506330
Also one other thing. Is there anything that gives value to LP which can then be traded for LINK? So could I sell LP for LINK at any point?

>there are link holders currently browsing this board without any linkpool shares

>>20506358
1LP costs $15k. For a return of $4 per two weeks. Why would you not just hold onto LINK at the moment and then stake your tokens. You get much more liquidity that way?

>>20506160
If you do think that, you are the one who doesn't know much about Linkpool. Their revenue system will yield LP holders a percentage of everything that Linkpool earns from:

- NaaS
- Staking pool fees
- Third party pooled nodes
- Market.link listings & premium services
- Future monetized services & products

Linkpool is the Google of the Chainlink ecosystem and Chainlink is the internet of the blockchain.

>>20506427
how does link staking work in your mind?

>>20506330
>Staking at the moment with LINK tokens on LINKPool isn't possible (says so on LinkPool market)
This is correct. Staking isn't live.

>Secondly, it wouldn't be worth it for me to. buy LP at this current time if I were to trade my LINK for ETH to then buy LP. It's much safer and probably more profitable for me to wait for staking to go live and then actively stake my actual LINK tokens instead?
No one knows the answer to that, but I feel the exact same way. Who knows what LP price will be after staking is released, though.

>One thing I would like to know though, does anyone know the difference in returns one would receive for staking LINK compared to owning a LP?
This is a case-by-case basis for each individual node. Does your node get a bazillion high-value jobs? You'll probably get more returns, depending on how much link you staked. It's all relative to other variables.

>And also, just to clarify. I can then remove these tokens at any point and sell when I wish to?
You trade LP with ETH on the Link Pool decentralized exchange.
https://staking.linkpool.io/dex

>>20506427
You need LP to stake! You can't stake on LinkPool without owning LP. 1LP will eventually entitle you to staking 10k LINK. Yes LP is expensive now, before staking is live and the returns are peanuts. When staking goes live and everyone realizes they can't stake on LinkPool without owning LP, do you think it'll cost less than it does now?

>>20506427
you think one node and just the chainlink price feeds is linkpools potential?

>>20503391
Not buying this shit I'll wait for a different pool to open up later

My question is, how many Link Pool are in circulation?

>>20506506
Yes, you can. LP is like an index fund. You get paid based on the overall useage of Link Pool. You can still stake link directly to nodes through Link Pool. That is LITERALLY how you, as a holder of LP, will get your profits. Do you think they just stake link tokens from thin air?

>>20506609
>You can still stake link directly to nodes through Link Pool.
if you have LP shares, yes.

>>20506654
Holy shit. This was debunked like last year. They announced that you would be able to directly stake your link instead of just holding LP. How fucking difficult is it to understand

>>20506609
1000 in circulation
4000 total "shares"

Mat and Jonny have said that they reserve the right to sell more shares in future, to fund future business initiatives, but it will be transparent if they do

t.1 of 186

>>20506702
>t.1 of 186
Thanks. Maybe I'll pick up a share or two. Is there any historical price data for LP floating around?

>>20506684
>>20506654
staking open to LP holders first, public later
after 6-12 months i think

>>20506474
Thanks anon.

Do you know of any other services at the moment that will be providing ways to stake? Has the ChainLInk team themselves given any hints on whether they will offer staking directly to nodes they control?

>>20506545
Well, I feel the returns from LP are heavily dictated by how much use LINK itself gets right? Which is basically how much LINK costs? Will LP ever out perform the market value increase of LINK AND the returns possible from me just staking LINK directly.

>>20506594
Also this?

>>20506732
>Do you know of any other services at the moment that will be providing ways to stake?
No, but there will be more. Link Pool is like the official chainlink one though, so they will more than likely get a fuck load of usage.

>>20506716
you can get some from the dex, but not sure it has the historical data from before the new contracts were deployed

you can probably find the contract and check in etherscan if you can be bothered. ask in the telegram or jonny direct if you are really interested

>>20506427
1LP NOW costs 15k, it used to cost 5k, so in addition to having something that will give you dividend returns, its own value can go up(and its value has essentially followed the same ROI that LINK has).

>>20506732
>Will LP ever out perform the market value increase of LINK AND the returns possible from me just staking LINK directly.
depends on your share
what are the returns on staking 10k LINK for example
vs what is your share of the staking rewards of 1mm/10mm/100mm LINK
i dunno. cbf doing the math.
they'll do eth staking too in future, keep that in mind

>>20506765
Thanks anon.

>>20506806
interesting interesting. That's pretty big then.

>>20506812
Some anon said 1LP yields around 1 LINK every month at the moment. Do you have any idea/estimation on how much 10K LINK will yield?

>>20506594
That other pool will have a staking limit, so either you are fast getting in (it will be filled in minutes) or you'll be left behind without being able to stake.

>>20506937
fuck it I am sold. Any anon willing to sell some LINK pool shares at 59 ETH?

>>20506684
Nope. They did not. In fact, they explicitly stated the opposite. Those with LP shares will be able to stake with priority for the first year. Which is when the rewards will be the biggest.
With 1 LP share you can stake 1k links for the first months, and after 12 you can stake 10k. You need to educate yourself, you're in for a rude awakening.

If you're eth address begins with 0x60 you are the hero of the dex

OP here, just a reminder that the creator and founder of LinkPool is known to rim horses. That is all. Thank you.

>>20506969
Hmm, lets make it 60 and we have a deal.

>>20507469
I'm down for 60. I've just gotta sell something to ETH and transfer to the DEX and I can buy asap. Will be online whole night anyway.

If you list the LP on the DEX so I can see I'll start the sell straight away.

3 LP?

Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

>>20507547
3 for 60 a piece is fine by me. I'll set up the order.

>>20507469
>>20507547
>>20507572
There's no way we're getting two 3 LP OTC trades in 2 days. You absolute madmen.
I own LP but this honestly makes me think its someone samefagging or jonny himself

>>20507572
Cheers anon. Will post proof of ETH being transferred if you need it.

Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

>>20507558
>>20507669
Fuck off newfag. Nobody here wants to spoonfeed you.

>>20507691
>Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

>>20507610
Its up. You can fill it whenever you're ready, no need to post proof or anything.

>>20507603
Why are people setting up “OTC” trades like this? Is there not enough activity on the LP dex to just buy straight off there?

>>20507691
>Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

Can some PLEASE tell me how to Stake LINK? From what I've googled, it's not possible?

>>20507820
Yes, the DEX is very illiquid and most people who hold LP are /biz/ anons. So the LP whales are likely to be on /biz/. Makes sense if you want to pick up $50,000 worth that you need to coordinate it on /biz/. Still, trades this large are unprecedented and one this exact same size just occurred yesterday.
It's either someone trying to make it look like rich people want LP, or rich people want LP.

>>20507795
Yeah just seen it. Selling and sending now. Thanks a lot anon.

>>20507712
You can't stake at the moment. You can either set up your own node which seems very complicated or use someone else's nodes. e.g. LinkPool but they will take a cut.

>>20507820
Yes there are very few LP sell orders on the Dex.

>>20507832
staking is not live yet, nobody knows when it will launch

>>20507820
There are no partial fills on the DEX. So if you set up a 3 LP buy order no one with less than 3 LP can fill it.
So you would need to set up many small orders, which costs more gas fees and more time.

>>20507795
>>20507889
ANSWER ME YOU ABSOLUTE NIGGERS. ARE YOU JUST WHALES PLAYING GAMES, ONE GUY SAMEFAGGING, OR IS THIS LEGIT
TWO $50K ORDERS IN 2 DAYS? MY FUCKING ASS.

>>20507916
>Yes, the DEX is very illiquid and most people who hold LP are /biz/ anons. So the LP whales are likely to be on /biz/. Makes sense if you want to pick up $50,000 worth that you need to coordinate it on /biz/. Still, trades this large are unprecedented and one this exact same size just occurred yesterday.
>It's either someone trying to make it look like rich people want LP, or rich people want LP.


https://link3d.io/
https://link3d.io/
https://link3d.io/

I'm launching a new token, the LPBS (Linkpool Bullshit) which allows anons to stake their LP tokens. There's no need to hold LPBS to stake but it'll be worth it in the long run, honest. Cost is $15M/token but I can personally guarantee that LPBS holders will have access to the best BS contracts out there. Anyone who says otherwise is obvs wrong and shouldn't be asking questions like this. Contact me on my cell and I can meet you in a car park of your choice. Much happiness x

>>20507973
still haven't wrapped your head around smart contracts hey, anon

Sure have, but I can do the maths on whether it's better to spend my hard earned money on link or link poop, and guess what? Link wins easily, everyone. If LP was so fucking clever, you lot wouldn't be here every fucking day trying to sell it. So transparent...

>>20508085
But anon, there are literally dozens of threads daily encouraging people to buy LINK
By your logic, it is also a bad buy
Just because some /biz/ autists are excited about a project and post about it doesn't mean theyre trying to sell you bags.

>>20507795

Do you want to form a confederation of market makers on the LP dex?

So buy some LPBS ASAP and just trust me

>>20508085
there's only a few pajeets who got in at ico and are trying to sell, and they're only selling because they don't have link to stake. you don't really think big brains are selling LP, right?

Why would you need to shill LP if link is already doing the legwork for you? Makes no sense. Clearly you realise it's a con and are trying to offload it. I've not been sold since the start and I never will be. And I'm a big link bagholder

>>20507912
Anon is being transferred at the moment anon. Will fill order as soon as it arrives. Ty

>>20508211
I want to level with you anon, I am genuinely not trying to offload my LP shares, that being said I'm no whale and only own 0.5 LP. I will never sell them.
You do realize the value proposition of it though, right?

Guaranteed access to staking in nodes that /actually get jobs/ when staking goes live.
When staking launches, nobody is going to be requesting jobs from >iqg3NOTQ Anon from /biz/ node

They're going to be getting jobs filled by Fiews, by Chainlayer, by Certus One, by LinkPool
Owning LP is a ticket to staking LINK in a LinkPool node.
It truly is an interesting concept. Whether or not it will pay off in the long run is yet to be seen.

But what I can say with almost certainty is that it will be exceptionally difficult if not outright impossible to stake LINK early on without paying some kind of massive fee to the node operator, or buying a tokenized version of access to stake in their nodes.

>>20508148
Yeah, the dex really needs more people just putting orders in. The spread is usually 10-20%, so its worth it even with the high gas fees.
I think I was involved in about 1/3 of all transactions so far. Sold a bunch when it hit 50 ETH last year, then rebought in the 30-40 and some more in the 20-30s.
With yesterday's and today's sells I'm getting pretty low on LP, but I'm expecting ETH to perform well in the upcoming months while Link might stagnate after the insane pump it had.
Maybe I'm wrong and LP shares go to >100 ETH, only time will tell.

>>20508307
I am the second largest market maker in LP/ETH volume behind you. I have followed your account for a while now. I was thinking we might be able to work together.

>>20508267
They are either fuding or retarded at this point. Either way who cares? I still get my distribution

LP is shady as fuck and I wouldn't go near it. Its shrouded in mystery and is sold on the empty promises of faceless anons on a screen who promise these enormous rewards. You must think we were born yesterday. Take your LP and stick them up your greedy lying arse. I'm out.

>>20507603
Has to be. Why would he be selling lp at all

>>20508368

>shrouded in mystery

lol

>>20508307
Gone through. Thanks a lot anon. Hope it goes well for both of us.

>>20508243
Got filled, thank you.

>>20508348
How could we work together? I'm usually not agressively undercutting anyway.

>>20508476
current number of LP token holders hasn't changed. you're not fooling anyone, ranjeet.

>>20508498
Out of curiosity, could you give some background information about yourself? Are you a lucky /biz guy? Previous experience in finance? Just outright genius?

I'm just a lucky guy from /biz 2017 with very low inhibition that seems to have worked out well for the most part so far.

>>20508476
https://etherscan.io/address/0x6c856d4e74af777b48b0af920ef4a6e697db7a43

The tx was from a new address.

>>20508498
we could engage in ~market manipulation~

>Guaranteed access to staking in nodes that /actually get jobs/ when staking goes live.
Says who? Lemme see.. Linkpool sellers! I see zero independent analysis on this, only the say so of some hard shilling anons online.
I fully expect Chainlink to disassociate themselves from you lot soon, when the new marketing employees get their teeth in. You're ot good for business, IMO

>>20508575
Anon you do realize that the founder of LinkPool was hired by the chainlink team 1 year after LinkPools ICO, and he now works for both LinkPool and Chainlink, right?

I fully expect LP to be sidelined. Even if it is not, I'd sooner take my chances on a lower % return from an alternative stake node. Link is already a speculative investment. LP is a speculative investment which depends on the performance of another speculative investment. You couldn't make it up.

>>20508575
>>20508613
Chainlink also actively retweets LinkPool development updates on their official twitter account

Look, im seriously not trying to sell you anything. I just hate retards.

>>20508716
It won't be sidelined. It'll be a subsidiary. Likely becoming a DAO after several years in 2024 or 2025 when Link/SmartContracts are perfected.

>>20508498
>>20508564

Also, would either of you be willing to sell another 3 LP? 6 is a lucky number.

>>20508544
Sure. I do have a bit of financial background having worked in a bank for 5 years and having a master's degree in business administration.
Got quite late into crypto though, during 2017 when the market was just pumping continuously. Had some money to gamble with and bought some altcoins that people talked alot about like Iota and later Nano and within weeks I had 4x my initial.
Took out the initial, and made a couple more trades, yada yada, also made some heavy loses in the bear market that followed.
I've been on biz since early 2018. Never liked Reddit and looked for other platforms to discuss crypto.
Bought a ton of Link back when it was $0.40 and also bought into the Linkpool crowdsale. Not because I'm a genius, but because the problem of smart contracts not being able to get real world data seemed like an obvious problem to solve.
I have to thank /biz a lot for shilling it as extensively as all the anons did back then.

Nobody has ever answered this question: will burgers get fucked for owning LP?

So I'm a retard for not believing some weird notion about some token which may or may not allow me to stake some other token which itself doesn't yet allow staking?
Who exactly is the retard here?

>>20508796
Yeah, we can do that.
Since I'm getting quite low LP I'd have to ask for 185 ETH for 3 LP, making it 61.66 per share.

>>20508844
You fucking heeb.

>>20508840
Its called investing anon, look it up.
The most profitable investments are the riskiest. They're the one's that aren't yet completely proven, the ones that have a chance to fail.

Nobody ever got rich buying Amazon at $3000 a share. To make big money, you have to invest in things BEFORE they really hit it big.
Some people have a higher risk tolerance than you do. And some of those people will make a fuck ton more money than you. And some of them will lose it all.

>>20508716
What do you expect "sidelined" could mean.

>>20508844
Yeah, that should be fine. If you put the market order up I'll start transferring then.

>>20508800
Also thanks for sharing. Good to see a nice bit of diversity here I guess? Glad everything worked out well for you too.

Good luck with your big risk. 39 ETH or whatever it is buys a shit load of link tokens. If link makes it, even a 3pc return on that is a winner. I don't need to forfeit that opportunity on some tech I have no reason to believe in. I think a lot of others see this too, but hey, good luck flogging them. They clearly mean a lot to you when you're on here trying to get rid of them.

>>20508977
Its up.

Got my first LP from the 7.777777 anon. Still love that guy.

>>20509000
I can tell youre a newfag because you're not even responding to specific message IDs, pro tip so you dont stick out like a sore thumb in the next thread you're in

To get the >>20509000 just click on the numbers on a users post while typing a message, pic related.
It makes it much less obvious this is your first month on 4chan

>>20503391
Nobody's gonna give a shit about Linkpool in a year. Screencap this.

Sell your Link for ARPA. It's over.

>>20509077
Do I get to call other users 'nigger' like you after my first month on /biz?
I can hardly wait.
How do I buy your shitty token? Your eloquence has changed my world view tonight.

>>20509077
Don’t help them. We need to spot out retards on threads

>>20509192
Lp isn’t a token you retard. Lurk more.

>>20509218
This

>>20509192
>Do I get to call other users 'nigger' like you after my first month on /biz?
It is customary, in fact I would be insulted if you didn't
Hope you enjoy your stay here, nigger. Never sell your LINK. You've got the right idea, kid.

>>20509192
already said it, racist. there is a custom dex at linkpool.io.

>>20508368
Exactly 100% this fuck them fuck LP I’ll hold my linkies and just chill. I’ll get other investments once link moons like a mother fucker

>>20509254
You're not exactly selling me on racism being customary.
I wouldn't buy a used car from someone who conducts themself in such a manner, let alone invest in a speculative crypto asset. You really ought to rethink your shilling strategy.

>>20509254
you have to go back you fat reddit summerfaggot

>>20509018
Done. Good luck boyo. 666

>>20509254
Nu fags calling out nufags. What a time

>>20509297
Look here faggot how many times have i told you i am not trying to sell you my LP. I am just making a thread about it because its an extremely interesting investment that may pan out to have extremely large gains.

>>20509300
Been on biz since 2017. Have wallets with LINK buys from September 2017. Suck my fat fucking cock. My portfolio mogs yours

>>20509311
Thanks. Best of luck to you aswell.
We're all going to make it.

Except that dude
>>20509297

>>20509328
You're phishing to try and flog LP while it still has legs. Admit it, mate. It's obvs

>>20509384
I have over 40 link, babes. And I think I'd rather buy more than buy LP. It stinks of a con
0

40k lol

>>20509401
My portfolio is worth over $250,000 and less than $10,000 of it is LinkPool
Why the fuck would I try so hard to sell such a small portion of my portfolio? im done responding to you.
>>20509433
im glad youll stay poor forever.

>>20509328
then why do you speak like such a self-righteous faggot?

Post your era newfriends

>>20509459
That's a really good question. Why ARE you trying to sell?
Pretty obvs to me..

>>20509484
spent way too much time on b when i was younger. almost made me a perma virgin incel. almost.
also got me extremely into rekt threads and gore in general, glad i grew up and quit being such an edgy faggot

If Linkpool is such a great investment, and is so closely tied with Link/Smartcontract, how come Sergey NEVER mentions it?