/biz/ - Business & Finance

>>21493672
Are you retarded? Staking is same when your daddy gets his blue chip dividends.. kinda

>>21493672
Thai hookers will take my fractional Link to service my big PP

>>21493672
retard

>>21493692
>>21493720

Typical, you're the retards. You clearly do not understand how staking works do you?

>>21493692
>>21493720
Are these guys for real?

>>21493692
Dividens... paid in link... which you then have to sell to "live off" it. The absolute state of you newfriends

why can't marines answer this simple question?

>>21493715
Is that Glengarry Glenn Ross?

>>21493915
you fucking idiot, link will be taken as payment for goods and services rendered

>>21493715
Fair enough. And how will you buy food for instance for you know surviving and stuff? (and don't answer you'll eat Thai hooker peepee)

>>21493965
Why would anyone take oracles as a payment option?

>>21493991
Thai hooker's peepee juice

Oi, I guess never selling never was an option

>>21493672
I only bought Chainlink to take them out of circulation, I'm never selling or living

>>21493672
I'm not selling my original stack, fag.

>>21494092
Based

>>21494092
Damn it, linkies are pretty good at this. And how will you shower?

>>21494171
Yeah, but you'll sell your linkies that you received from lp. So you Will sell. And so will everybody, creating liquidity, creating inflation, which will in turn decrease link price... Checkmate

>>21494214
You know the answer son

>>21494296
Oh fuck, I never thought of this. Is this guy right? What happened to other tokens that offered staking? Did this happen?

>>21493915
Are you this retarded? What people mean is that they won't sell their principal and only sell off the staking rewards

>>21494432
Could someone please answer this I'm going to be sick now

>>21494762
the network will continue to grow, meaning that there will always be someone purchasing for nodes.

>>21494873
But what if it grows slower than the inflation created by staking?

ok I get what op is saying - he just wants the drns mantra to be modified to didht read, never selling my principal. staking rewards don't count

>>21494762
Don't worry about it newfag. You'll end up selling before you have to deal with this.

>>21494977
The thing is, the recent surge in link price is due to low liquidity (remember coin base literally ran out of link Las week). Once staking comes the market will be flooded by tokens creating enough liquidity to dump the price, or at least slow down the increase considerably

>>21495178
.... do you even understand how LINK staking works, as outlined in the whitepaper?

$100 is a very realistic sell.

>>21495250
Yes I do indeed. What's your point?

>>21495296
the tokens required to expand the network will vastly outnumber the tokens sold off from staking rewards, hence why the value will be "fundamentally vertical" while in price discovery

if you disagree with this or misunderstand it, you're going to have to go back and reread the whitepaper.

>>21495421

>the tokens required to expand the network will vastly outnumber the tokens sold off from staking rewards

This is only an assumption

>>21495587
he's right though. reward will be a tiny fraction of staked link, and you could probably assume that many institutions will just reinvest the rewards not sell them.
liquidity is an interesting question though. how does it work with shares such as Amazon and apple? they're worth shit loads but there must be liquidity to trade?

>>21495587
stay poor

>>21493672
Based retard

>>21495587
HAHAHAH based cope

>>21495178
>Once staking comes the market will be flooded by tokens creating enough liquidity to dump the price, or at least slow down the increase considerably
Stop pretending you have any idea what you are talking about

>>21495997

>reward will be a tiny fraction of staked link,

Correct

>and you could probably assume that many institutions will just reinvest the rewards not sell them.

Assumption

>>21496362
I'm not pretending anything. Increase in velocity decreases price this is just basic economics. If you have a counter argument please feel free to share it. But I guess it'll be
>bro, the network will grow so fast everybody will eat up the sell orders bro, trust me $20k eoy bro

>>21496817
post portfolio

>>21496833
Why would I do that? What would this add to the conversation?

>>21493672
Never. Fucking. Selling.
Staking rewards paid in link? All the better, but I'm not selling that either.
I work 3 jobs to accoomulate as much link as possible. I do this not with the intention of making money off of link, but rather for the sake of owning link itself. I will continue to put every last penny, besides that which is absolutely necessary to sustain myself, into chainlink and will NEVER sell. To me, owning link is the ultimate goal, and I am going to gorge myself on this glorious token until the sweet end. Maybe you don't understand this, but I wouldn't expect a filthy, money-hungry kike degenerate to understand love for anything besides shekels, so for now just get it through your head that I am NOT FUCKING SELLING.

>>21493672
tink tink tink tink

>>21496973
OK, I'll help you guys out since you cannot seem to be able to handle a tiny little bit of fud. You guys wouldn't have survived in 2017. The staking mechanism in LINK as you probably know isn't pos, but could be assimilated to PoW, as you have to provide a work by fetching correct data. This means that inflation can be adjusted by adjusting difficulty. Now, it can't work like for bitcoin for instance where the difficulty is automatically regulated. So my guess is that there will be a regulation of the staking rewards, where to put it simply, rewards will decrease when inflation increases and vice versa. This regulation means that link price volatility will hugely decrease, and that rewards might decrease over time, especially the mainstream easy ones

>>21496973
it would prove you're not a poorfag which would invalidate all of your utterly retarded posts

No serious company will ever purchase a LINK token. It has never happened, it never will. Nor google, nor MS, t-com, SWIFT, the Chinese... No one. The age of custom chainlink networks is upon us

>>21494014
Because they feel better than sex and people already take ass and bjs as payment options.

>>21496973
w-why would i do that

>>21493672
a thread died for this

>>21497563
>OK, I'll help you guys out since you cannot seem to be able to handle a tiny little bit of fud. You guys wouldn't have survived in 2017.
Presumptuous! I survived the fud by simply never even bothering to try and understand how LINK works. Thought the discussion is lively, the lads talking in favour seemed smarter and very excited, the chainlink logo looked like a cool cube. Went all in around 50c in 2018 without even opening the whitepaper.

>>21498566
How big is your stack?
It's 3 digits isn't it?

>>21498234
>The age of custom chainlink networks is upon us

Serious question

What stops companies making their own custom technologies?

>>21493672
the stake stack is never sold.
The staking rewards obviously are.

>>21494977
Checked and high IQ pilled

>>21497461
Based beyond words my friend!

>>21497563
Noone? Really? What happens to bitcoin price when rewards drop?

>>21493672
1. never selling.
2. it's steak king.