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/biz/ - Business & Finance


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25456657 No.25456657 [Reply] [Original]

With altseason finally here, it's time to set the record straight on some misconceptions about the Chainlink development.

First things first: staking is ready. It has been ready for a long time. It has probably been ready ever since Johnny joined the core team since his job at LinkPool was completed. Both pooling and staking are completely coded and sitting in a private repo waiting for the green light to be merged. Same with reputation, SDL was working on this since 2019 and they got paid by the core team via a grant for their work. All ready to go.

"So why aren't they live yet?" Good question, here's the answer: scaling. Right now gas fees are way too high for Chainlink to implement reputation and staking, it would totally flood the ethereum network with activity it's just not ready to handle yet. This is essentially why Vitalik and Sergey have this animosity going on, Sergey showed impatience for Vitalik to deliver. Hence Sergey, via Ari's connections, got Ed Felten's team on board.

OCR is testing on mainnet right now. This combined with arbitrum will increase throughput for Chainlink nodes with two orders of magnitude. This will be the first major step forwards for the Chainlink ecosystem. Expect price feeds for basically any pairing you can imagine with insane granularity (think updates every time there's a 0.1% price move). Every node on mainnet will make insane profits, especially the ones with high reputation. This will also coincide with the whitepaper 2.0 being released which will feature two big surprises (which I won't spoil).

After some time, when OCR and arbitrum have proven to be completely working as intended, Threshold Signatures will be added together with staking, reputation and Deco. It's difficult to predict when this will be exactly, but most likely still in Q1. At this point, there will be not only a second enormeous boost in network activity.

Now, what would be the best way to profit from all of this?

>> No.25456874

>Another wall of text larp.

This is 2018.

>> No.25457005

Holding LINK is an obvious choice. Price will go absolutely mental and 3 digit LINK is not a matter of "if" but just a matter of "when". However, I believe Linkpool tokens are the ultimate play here.

Mat from Linkpool has confirmed that a tokenswap to ERC20 will happen in Q1. I expect this to happen together with OCR and arbitrum, but it might just be when staking gets released. All of these different pooling solutions for Link will pop up, all powered by Linkpool's contracts. We can expect 30% or even more of all Link to be pooled in contracts powered by Linkpool. Some of it on the Linkpool node itself, but as far as pooling contracts go I am pretty sure most nodes will just pay a small fee to use Linkpool's solution right of the bat instead of inventing their own solution.

When the swap happens, Linkpool will enter the top 100, maybe top 50 of coinmarketcap. It will be on all dexes, no longer bound to the smallest division of 0.04 and easily accessible for all to buy. Link staking will be hot topic, and both retail, institutions and exchanges will stumble over each other to offer LINK staking. Linkpool has only 700 holders right now, imagine what will happen when this easy way to get free LINK becomes the next best thing. Think a YFI like pump. Whatever the equivalent of 1 Linkpool token will be, it's not out of the realm of possibility for it to reach 1,000,000 USD. That would put the market cap of Linkpool at 20% of the current valuation of Chainlink, imagine what that would be if Chainlink does a x10. So yeah, one single linkpool token will be enough the make it in the next three months.

>> No.25457034

Linkpool is shit

>> No.25457087

Fuck off Johnny no one cares, it can barely break $13, I've HAD IT WITH THIS PIECE OF SHIT!!

>> No.25457151
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25457151

>>25456874
>>25457034
>>25457087
seething shitcoin maximalists

>> No.25457292

So basically ChainLink will never launch fully if it stays on Ethereum? Let's be real, ETH will never scale. What are the best options then? BSV? ONE?

>> No.25457345

>>25456657
Stop it OP, you are making me hard, do you have any more crumbs regarding their node as a service? What's going on there? I thought they said it was going to go live when the network grew to a certain point. Do you think Arbitrum-LINK staking will be as profitable as actual Chainlink staking?

>> No.25457403

>>25457005
700 holders for an ERC20 that will be in the top 100 or even top 50 is completely insane. I agree with OP, Linkpool will potentially even outperform Link.

LINK now has 300,000 wallets and when it was $0.20-$1.00 there were a mere 25,000 wallets. LP started with 173 (can’t remember the exact number) holders and is now less than 700. Not sure what the implications of these numbers are but just putting them out there in case smarter anons can deduce anything

>> No.25457466

So, i should buy some more LINK, is that it?

>> No.25457491
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25457491

>>25456657

Finally a big brain post. Holding 75k Link and 1 LP feeling comfy

>> No.25457494

>>25457005
Fuck a token swap, for most holders this forces a taxable event. I don’t need liquidity I need link pool to function and pay me

>> No.25457543

>>25457005
tbf, Linkpool is already around #70 with its current fully diluted market cap

>> No.25457572
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25457572

>>25456657
Ahhhhhhhhh give me more I DEMAND IT

>> No.25457598

>>25457494
Why would you be that transparent, I'm tax compliant, honestly, but I don't tell authorities about token migrations. Technically the proportional value of the total supply is the same, I just adjust the supply / price in my tax report

>>25457466
Yes, holding LP is just like being in a long leveraged position for the success of the Chainlink network

>> No.25457620

>>25457292
BSV is an option, but its more likely it will end up on Cardano or Fantom

>> No.25457630

>>25456657
>This will also coincide with the whitepaper 2.0 being released which will feature two big surprises (which I won't spoil).

OP if you actually know something, spill the beans. Biz is almost totally unusable for 2017/2018 LINK buyers right now due to nolinker fud and general newfaggotry spurred by the btc bull. This is the first thread I’ve seen in weeks with actual effort posting and it’s going to get close to no replies and slide off the board soon. Please, if you have any love for those of us who have been holding link for three fucking years, PLEASE drop the crumbs.


Also, there was an insider larp yesterday saying LINK/PayPal partnership will be announced in the next couple of months. It got almost no replies. I happen to also have some “insider” knowledge that backs this up to an extent, just in case any OGs saw it too and are reading this...

>> No.25457654

>>25457403
https://etherscan.io/chart/address
Chainlink is now at the same stage as June 11th 2016 Ethereum with 300k addresses and a growth of around 2k/day. Let that sink in. At that point ETH had a price of $14. Linkpool has historically outperformed Chainlink and will continue to so in the future. I wouldn't consider taking profits because staking rewards will be insane, especially in the beginning, but a fair value would be well north over 10k LINK per share.


>>25457345
Right now it's of no use because of the strict rules the team imposes on who is allowed to run a node. If someone or a team isn't able to run their own node, they aren't technically capable enough to be helping out with the price feeds. With OCR this will change and neet nodes will flood the network. This will be related to Keep3r, see https://andrecronje.medium.com/scaling-keep3r-with-chainlink-2832bbc76506..

>> No.25457785

>>25457654
Thank you for the first quality thread in months.

>> No.25457831

>>25457630
What insider knowledge? You can't ask op to "spill the beans" and no do the same yourself

>> No.25457862

>>25457630
>there was an insider larp yesterday saying LINK/PayPal partnership will be announced in the next couple of months. It got almost no replies. I happen to also have some “insider” knowledge that backs this up to an extent, just in case any OGs saw it too and are reading this...
I second this, the board is unreadable at this point I was also wondering about the Paxos / Chainlink connection too

>>25457654
>With OCR this will change and neet nodes will flood the network.
NEET nodes aren't going anywhere for now, unless their counterparty risk can be compensated. This can be only achieved through penalty & deposit contracts. That's why I was asking about your thoughts on Arbitrum-LINK staking. It would be good to know if you have any intel regarding that matter

Also Keep3r is good, I agree, but I sense that there is still a long way to go

>> No.25457880

>>25456657

>OCR and arbitrum

Could you estimate a timeline when this will go live? ChainLinkGod mentioned it is in testing as of last month, figured you might have better color though.

I also agree LP is a buy, however I am worried that as LINK/ETH continues to fall that people will sell LP for ETH, and now isn't the best time to scoop. We have seen that LINK/ETH and LP/ETH are roughly correlated. I think the trade is to wait for max ETH FOMO and then try to get into LP, as that's when LINK/ETH and LP/ETH will be at the lowest.

>> No.25457954

>>25457630
Post some kind of proof to back up the claim, I’m not fudding I legit hold 35k link and have for the past 3 years

>> No.25457991

>>25457831
>>25457831
Sorry if I didn’t make it clear. My “insider” knowledge is just that the LINK/PayPal connection is real. That’s it. I don’t know any real details but I swear I’m telling the truth, I’ve posted it on biz before as well. I saw the larp thread the other day and idk if it’s real or not but there’s a strong chance it might be real based on what I know.

Here’s the thread

>>/biz/thread/S25437582

On the topic of LP, I have about 15k link but only 0.5 LP. Should I sell some link to get more LP? I can’t bring myself to do it even though I know it may pay off massively.

>> No.25458041

>>25457991
>On the topic of LP, I have about 15k link but only 0.5 LP. Should I sell some link to get more LP? I can’t bring myself to do it even though I know it may pay off massively.

Probably, the LP devs expect at the beginning the LP:LINK staking ratio will be 1:1000 and at max capacity it will be 1:10k. So trying to get 1.5LP is a good goal

>> No.25458060

>>25457991
>source: trust me bro

Been seeing “insider” threads since 2017 and NONE of them were real lol

>> No.25458098

>>25457954
I don’t have any proof, sorry. And if I did post anything more concrete that would be massively detrimental for me and others. I have no reason to lie about it. I have plenty of link and don’t need anyone to buy my bags and don’t need to convince any newfags to buy. I’m just saying the larp thread caught my attention, because I have corroborating info, take it or leave it.

>> No.25458108

>>25457991
What makes the connection real yet you don’t have any real details? If you’re seriously not larping, you’d have to be able to expand on that point or rationale even a slither

>> No.25458188

Connor Stein Paxos Chainlink Labs

>> No.25458212

>>25458098
Agreed, fwiw I’m not selling before eoy or accumulating even at this point, and already holding comfortably to me lp too. I’m intrigued by the link/PayPal connection, since I would rationale they would possibly want to use link price feeds to prevent the shit that happened with other single oracle using platforms. Other than that, I’m trying to rationalize what other functionality could come about in the immediate term

>> No.25458219

>>25458060
Ok? I’m just posting about it to help my fellow based link cultists. Like I said I have no reason to lie, would get no amusement from it, nor do I need anyone to buy my bags because I’m unironically never selling.

I guess all the PayPal larps will get proven to be real at some point in the future. If the most recent larp is to be believed it will be in Q1 of 2021, then I expect you to thank me personally for the info kek.

>> No.25458229

>>25458188
This is what I actually wanted, thank you anon

>> No.25458252

>>25458108
It's not. Paypal is balls deep on meme shit like Litecoin because they rightfully view Eth as a threat to their business model. They're going to wave the crypto carrot in front of their userbase but not offer them a way out of the trash centralized service.

All 'institutional adoption' of chainlink is a fucking meme and a larp.

>> No.25458278

>>25457630
I have no information about PayPal but the writing is on the wall and an integration would not be a surprise at all. First we'll see LINK added to their cryptowallet functionality. It will be the cherry on top.

>>25457785
You're welcome.

>>25457862
Neet nodes will do easy jobs to earn reputation via Keep3r. Arbitrum staking will be huge imo, as the increase in throughput will turn arbitrum into a black hole for all smart contracts.

>>25457880
https://feeds.chain.link/eth-usd-ocr
It's live right now. Arbitrum is in audit as per Steven Goldfeder.

>> No.25458310

>>25458188
An actual breadcrumb wow

>> No.25458350

>>25457005
>3 digit LINK is not a matter of "if" but just a matter of "when"
Does the same apply for 4 digit LINK?

>> No.25458394

>>25458108
The point is just that Chainlink/PayPal is real. I’m not supposed to know this, so I can’t say how I know because that would potentially cause trouble for people, and I don’t want to cause them trouble. It’s not that exciting or complex.

>> No.25458450

>>25458212
I have no idea but here are some details

https://www.uxsequence.io/news/paypal-chainlink-integration/

Sergey also recently said than non-blockchain entities are also starting to want to use Chainlink

>> No.25458456

>>25458350
Yea pretty much

>> No.25458489
File: 83 KB, 740x694, Eric.png [View same] [iqdb] [saucenao] [google]
25458489

>>25456657

>> No.25458524

>>25456657
Is that your 1LP sell order I see on the dex at 62 ETH?

>> No.25458591

>>25458489
Yeh, staked.us guys are full of bullshit

>> No.25458620

Just buy more link. Linkpool is a scam

>> No.25458687

>>25458219
> Accused of lying.
> I'm not lying bro I promise.

>> No.25458809

good god I'm so excited for you crazy kids

02/01/21

>> No.25458880

>>25456657
What is the difference between ORC and Arbitrum?
How do you know staking is ready? Are you just assuming it?

>> No.25458884

>>25457991
So let me get this straight - you've got solid info that link is partnering with PayPal, but you're having to ask a bunch of losers for financial advice?

>> No.25458928

>>25458687
What would I gain from lying on an anonymous forum? The skepticism is healthy, but if you look at breadcrumbs about paxos it starts to seem credible doesn’t it?

>> No.25458931

>>25456657

It's not just ETH scaling. I'm willing to believe the Chainlink product is pretty much fully done; after all, it isn't that complicated to implement staking and most POS cryptos have it already. The problem is adoption and awareness. Obviously it's easy to release a "complete" crypto project, but its health and track record are of absolute importance when considering it both as an investment and as a product to actually use. A real-world, intelligent investor (read: not a /biz/ gambler) will not buy a product that has been sitting available on the market and hasn't seen fundamentals growth or increased use. Likewise, any company performing due diligence will be very suspicious of a product that its creator claims has been ready-to-go for a year or two but is a desert in terms of users.

Chainlink's biggest hurdle- and this has ALWAYS been the hurdle not just for them but for all crypto- is to integrate themselves into the real world of business and transcend its image as a speculative fun ride for impatient gamblers. They have spent vast resources insinuating themselves into respectable business communities and holding back different functionalities of the product in order to force a scaled-back network "with training wheels". The "heartbeat" of the network they describe is merely the most basic effort to create a track record of simply functioning, as opposed to many ambitious Defi projects that appear to have been released without much testing. Think of all the crises that have struck with Defi projects in the past two years; Chainlink gets 1 shot to prove themselves trustworthy and reliable. They are reluctant to simply call the product finished right now, they are trying to create not only a sustained track record of actual use but also court a core stable of users/clients so that they can point to the network's viability to interested but hesitant businesses. Rn this is a game of human/mass psychology more than tech prowess

>> No.25459016

>>25458884
This, confirmed larp. Don’t contradict yourself in the same post next time

>> No.25459055

>>25458928
Kek, thousands do this everyday. They do it because they’re bored and because shitposting can be fun

>> No.25459061

>>25458884
>bunch of losers
You mean the anons that bought the recommended 10k link under a dollar, who are the only reason I also bought so much link and Linkpool? Biz has been the best source of financial advice I’ve ever received in my life, yeah I’ll gladly take advice from these losers

Not sure how having this tidbit of information preclude me from shitposting on 4chan but ok.

>> No.25459119

>>25459016
But it’s not a contradiction

>> No.25459250

>>25459061
I unironically believe you’re telling the truth that you know about it but don’t know more than that. Sounds like you aren’t the person who’s in the know but that you most likely know someone at PayPal or Paxos that knows. But you’re going to get shit on here because it is a baseless claim, since it does require people to “believe” your hopium
There’s always been larps, kek who remembers before Web3 a couple years that the larp was around ChainLink and Wells Fargo as just one quick example off the top of my head. Regardless, anyone who makes investment decisions based on your claim is something else entirely since that’s moronic in case you are paring. But as an eternal holder, I can understand the rationale and how it fits with what sergey recently said

>> No.25459279

>>25459055
>fun
I’m not having fun, this is frustrating. If I wanted to larp and have fun with it I would make up some bullshit about dating Adelyn’s sister and provide some more details like an announcement happening in x days. It’s not really very fun knowing this and getting called a faggot for sharing all I know to the maximum extent I can

>> No.25459317 [DELETED] 

>>25458931
That's an interesting point of view, can you tell us more about the vast resources they have used towards big bussiness?

Also Coventry said something like, implementation is not hard, but the mathematical model behind penalties was one of the most time-consuming tasks.

>> No.25459440

>>25459317
If I remember right, Ari said back in August that the implementation part of staking is more or less complete. They were trying to determine the best economics in terms of price setting / etc since like the other anon said, they only really have one shot at it. They are without a doubt going to test a variety of models imo before it launches, which for all we know might still need to happen or might have already happened. ChainLink doesn’t like to pre-announce, so I imagine when it’s ready we’ll be given probably a few weeks notice before it drops

>> No.25459452

>>25459250
Thanks, you’re pretty much correct. Anyone who was going to make it with link would have bought years ago anyway, and newfags are basically priced out, so I don’t think this info will affect anyone who already holds.

>> No.25459587

After all the fudding and accumulating now starts the shilling phase never change biz

>> No.25459629

>>25458928
Its not that much info tho, just skepticism. It's the same crumbs as the Microsoft adapters. speculation and guessing, nothing more

>> No.25459644

>>25459279
Ok I'm willing to give you the benefit of the doubt op. I'm still not sure about taking financial advice from the neet-degens here though, but I know what it's like to have info & no one believe you. Seeing as this is quite a comfy thread now, I'll share something strange that I noticed yesterday. I bought some more link on CB pro last night, and after I'd transferred it to my wallet, I checked that it had gone through on ethscan. When I saw it show up there, for some reason i decided to follow the transaction back and to my surprise it originated from the binance 2 wallet. I kid you not

>> No.25459824
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25459824

>>25459452
>tfw only 5000 LINK
I am basically a newfag

>> No.25460582

>>25459644
Exchanges getting drained again you think? Didn’t that happen before the last pump? I also saw wallets have been increasing holdings lately, with my own personal top 1000 wallet rank sliding 35 spots back with people jumping ahead of me

>> No.25460622
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25460622

guys I have 4 LP and 400 LINK lol
how should I rebalance this catastrophe of a portfolio?

>> No.25460639

>>25456657
holy shit ive nevr seen such a bumhurt thread about chainlink. its incredible you guys have had dozens of chances to make even more money with your pathetic gains and you just dont want to because you are "marines" holy shit the delusion. let me remind you that money is money

>> No.25460814

>>25460639
You’re totally right, fuck guys I’m gonna go sell. I’m fucking depressed that I *only* made 130x RoI since buying and have made enough money as of today that I could live for 10 years. You’re right, I hate making money. Kek faggot call us delusional all you want, but one thing you can’t call us is broke. Didn’t you get the memo? It’s 1k eoy

>> No.25460953

>>25458278
heard rumors that arbitrum and link arent as collaborative and frenly with one another as we would like to think, also arbtirum is holding their cards very close to the chest in regards to their code, but i have heard that it is going to run into the scaling problems ala sidechains in a few years time and is an actual bandaide solution, any thoughts?

>> No.25460955

>>25460622
Get at least 10k LINK

>> No.25461080
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25461080

>>25460955
checked
I'm in RSR and BTC right now but the most LINK I could scrape together without selling any LP is like, 2000? I don't want to let go of the RSR either and I bought the BTC when LINKBTC was 39k sats was gonna rebuy LINK at 34k and now it's back to 39k
fuck, why does it burn me every single time I try to trade

>> No.25461219

>>25461080
Just sell enough LP token for a 10k LINK stack

>> No.25461292

>>25461080
Wtf all you have to do to make it is hold 10k link, that’s it. You have weak hands and will get burned and priced out for swinging.

>> No.25461982

Anyone who believes the PayPal larp deserves to lose it all. Chainlink is not even on their radar

>> No.25461988

>>25460582
Yeah that's the only thing i could think of, that coinbase doesn't have enough link. It did happen before. Thing is when you look on viewbase of the amount of link withdrawn, it's not out of the ordinarily large. I'm in the top 200 and people above me have been buying

>> No.25462004

>>25458931
based and rory pilled

>> No.25462249

>>25460639
>your pathetic gains
Kek, no one tell him

>> No.25462330
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25462330

>>25458928
>oh man please i need a source and info
>haha well I can't tell you why, just trust me lol

>> No.25462353
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25462353

OG linker here that never bought linkpool. My understanding is that you need LP tokens in order to stake with linkpool nodes, and 1 lp token lets you stake like 1000 links

how is linkpool going to go to a million in that case? you wouldn't pay a million dollars to get to stake 1000 linkies, you would go to some other major node operator and stake with them.

>> No.25462541

>>25462353
I think 1 LP will quickly bump it to 10k per 1LP I believe they said the 1k is just to start initially, and eventually again bump it

>> No.25462757

>entire world finally runs on chainlink
>drops to $11

>> No.25463071

>>25462541
even at 10k, and say that OP's 3 figure link prediction is true and link is $200, how much are people really going to pay to stake 2 mil? prbably not tens or hundreds of thousands unless somehow linkpool nodes are earning insane returns compared to the rest.


The whole reason I never bought linkpool back when it was a few eth per, was because i didn't think they had any way of monopolizing on the market. Lots of other staking companies can come in and do what linkkpool is doing. Clearly my decision to not buy linkpool was a mistake, but I still think my logic holds unless I'm missing something

>> No.25463573

>>25462757
>entire world runs on chainlink
>regards: sergeys powerpoint pictures

>> No.25463592

>>25463071
You can stake with linkpool separately and pay them, you won’t need linkpool tokens for that at some point. However, the tokens distribute the a portion of the rewards made from ALL of linkpool across all stakers using them, outside of the token holders. So enterprise stakers fees would be split between linkpool and the token holders. Imo solid value if you believe linkpool will be a large staking provider not just for link, but also for eth and other tokens

>> No.25463638 [DELETED] 

sup Fellas!

seems like now 4chan and /biz/ is full of shit tokens shilling lol

that’s great that I have already participated xETH-G and don’t go for this fuckers and their shit

Best liquidity pool with 2 Rebases per day can easily give good earning, 650$ just for a month of staking

>> No.25463726

>>25463592
ah i didn't know you get a portion of all rewards.

>> No.25463775

chainlink is an unregistered security and will drop to under 10 cents (unironically)

>> No.25463897

>>25463726
yup the dividends have already been actively paid out every two weeks for running the ChainLink heartbeat for diff price feeds. So I can confirm that it works and makes me excited for the gold rush of staking at some point in the near future.

>> No.25464086

>>25458310
what does it mean? who dat

>> No.25464131

>>25458931
>court a stable
good thing they've got jonny on the case

>> No.25464565

>>25460953
Check Ed Felten's presentation from SmartCon. He did not act like someone who is worried about their product in the slightest. On the contrary, he was in full smug mode.

But hey, don't take my word for it. Rumors you hear online tend to be true so you should definitely make your financial decisions based on them.

>> No.25465142
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25465142

>>25458188

>> No.25465223

How can one secure 1 Linkpool?

>> No.25465254

>>25458278
To you or any other kind anon, I have 1 BTC that I’m considering putting into LINK. When do you think would be an optimal time - now?

>> No.25465379

>>25465223
Pay 42k for it.

>> No.25465524

>>25465379
I just might take some profits and get one.

>> No.25465587

>>25465524
That's good, treat yourself.

>> No.25465692

>>25465254
3 years ago>>25465379

>> No.25465814

>>25465692
I already have link. I’ve ridden this bitcoin since august.

>> No.25465882

>>25459279
learn to spot the twitter fag. He just wants more details so he can share it and get likes and retweets.

>> No.25465887

>>25456657
there's no way all this happens in Q1

>> No.25465930 [DELETED] 

it;s all cool and all, but
imagine not buying real bitcoin

>> No.25465970

>>25463897
What other tokens did you receive? I'm out of the country and can't check my account.

>> No.25466123

LP has been outperforming link since the $20 top, was even thinking about trading some of my LP to link
>>25465970
you get paid in link only

>> No.25466212

>>25466123
My bad, I misread your other post.

>> No.25466239

As a brainlet how do i stake my LINK on linkpool? Is it even possible for me to do yet or do i need to wait for some kind of progression with chainlink development to be able to stake?

>> No.25466250
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25466250

>>25456657
Didn't read, not buying.

>> No.25466256
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25466256

Why are lp threads always so comfy? Is it because us og lp buyers are the elite of the elite?

>> No.25466374
File: 107 KB, 636x512, Gate.jpg [View same] [iqdb] [saucenao] [google]
25466374

Hello Frens, hope you are ready

>> No.25466418

>>25457620
What about ONE? Didn't they already announce that would be the first place LINK would migrate to?

>> No.25466430

Pretty spot on OP. February.

>> No.25466519

keep3r shit is fake and gay SDL bullshit

>> No.25466560
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25466560

>>25466239
Flush yourself down the toilet.

>> No.25466611

>>25465970
Yeah it’s link for now since that’s their primary focus and are waiting for staking for it, and other coins when they support them for staking eventually

>> No.25466748

>>25466374
Hi fren, things played out almost exactly as you said they would.

>> No.25466848

>>25466374
>>25466748
explain?

>> No.25466891

linkpool shilling is among the funniest shit i get to hear in this shithole
keep it up anon, your shitposts always make my day

>> No.25466922

where do people find this garbage?

>> No.25466974

>>25466374
Shibboleth

>> No.25467297

>>25462353
>how does he think that linkpool will go to a million in that case?
because he is
1. tech illiterate
2. delusional
3. a shill trying to get rid of his bags (LP market has an incredible low volume, wouldn't be surprised if he has an open order right now)

>> No.25467334
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25467334

>>25466748
I'm honestly surprised how closely i called the bottom at 8 with wicks to 7. nice try CZ and friends but no one really wants to sell link at sub 10. Liquidations snowballing is all that happened here. RIP to panic sellers.

>>25466848
search for my old threads and read what I said there, haven't posted in a while but this thread is a rare good one so I came in. thanks to OP for once (still a faggot though)

now all I want to say is: be ready, next months will be insane. bitcoin primed the market to boom, I thought it would take longer but here we are. Altseason is here, Link will EXPLODE.
Don't get baited into buying bitcoin or flavor of the week/day trash. Link will outperform everything again. 100$ or close to it this year.

>> No.25467510

I got into crypto earlier this week without much to invest, i currently have 2.6 LINK and 100 XRP (im case the schizos are right)

I'll be upping my LINK stack as much as i can, but it probably won't be much higher, think I'll be able to make it?

When do you guys think it will start mooning?

>> No.25467534

>>25467334
are you a retail investor or do you have specific info?

>> No.25467590

>>25467510
the schizos are not right and the ripple generals are sincerely just the retard containment thread

>> No.25467592

>>25466374
based. glad u are still with us fren. any new proverbs for us?

>> No.25467672

>>25467510
how does $200,000 sound? (from XRP)

>> No.25468115
File: 1.56 MB, 3103x1454, 1593040642587.jpg [View same] [iqdb] [saucenao] [google]
25468115

>>25466374
yes

>> No.25468181

>>25458219
Your vibe is genuine. I believe you.

>> No.25468229

>>25458884
Those without eyes will fail to see.

>> No.25468362

I'm sorry i didn't post anything for a while. I got banned from creating posts, doesn't matter if I use phone, pc, VPN, and everything combined so I couldn't support you through the dark times. I know many Linkies had rough last months through all the dumping but the light on the end of the tunnel should be visible now. What OP said is true, I'm not personally very heavy into LP but I can IMAGINE it goes parabolic regardless. Stay stinky bros, Q1 will be great

>>25467534
paypal isn't news if you were here for long enough ;) not sure of the timeframe though, the one mentioned here would make sense with recent development though.

also whales are suppressing link again like last year and at 4 and at 1 and every time before.

>> No.25468385
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25468385

>>25462353
>>25465223
>>25465524
bros consider helping an anon out and filling my 61.9 sell order

>> No.25468389

>>25458931
based post

>> No.25468475

>>25467510
idk if this is a larp but put it all into LINK fren

>> No.25468601
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25468601

>>25468385
what are you talking about anon, there are plenty of buy orders that you can use :^)

>> No.25468750

Got 5 btc and 20k link, should i sell bitcoin to get 1LP?

>> No.25468765

>>25468601
sorry anon, with the erc20 port imminent & steaking, no one's going to want to do that

>> No.25468823

>>25468750
maybe not all, but sell a portion of your BTC for LP
you'd regret it a lot if you didn't even have any LP when steaking is inevitably released

>> No.25468830

>>25468765
well enjoy your bags then

>> No.25468850

this talk about "chainlink is ready but they're keeping it secret lol" smells like bullshit, they've been advertising for engineers and devs and most of those positions have stayed unfilled for months. also from what i hear tsigs aren't even close to being done
OCR and arbitrum could drop soon but if the OP says tsigs are coming in Q1 then he's probably not being 100% honest

>> No.25468898
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25468898

>>25468750
No, Rebecca, wait until after LP is an ERC-20 and you can buy it on Uniswap. You love Uniswap.

>> No.25469340

>>25457005
>When the swap happens, Linkpool will enter the top 100, maybe top 50 of coinmarketcap

LP is already almost top 50 you fucking brainlet. 1 LP token goes for about 52 ETH. There are 4,000 LP tokens in total.

Do some simple math to see how overvalued this shit is for basically just being a 1-token dex.

This shit will tank hard if it's allowed on other exchanges.

>> No.25469656

>>25457543
Oh look, a non brainlet gave an actual post that all the shills conveniently ignored. But sure. Buy the top, /biz/

>> No.25469887

another thing to think about. the point of all these scaling efficiency upgrades will be to decrease the cost of data requests from the chainlink network. there'll probably be an uncomfortable period between this drastic reduction in fees and the time when the volume of requests becomes enough to make a node profitable. if you think staking is just going to magically make the price shoot to a kajillion dollars overnight then you might be a bit optimistic.
not selling but i'm just saying chainlink doesnt need these bullshit threads hyping everyone up, it just leads to unnecessary volatility which leads to more shitposting on /biz/

>> No.25470180

>>25457543
>>25469656
It's #80 with current CMC fully dilluted

>> No.25470190

>>25456657
I honestly can't tell anymore, are anons being sarcastic shilling Jonny's terraform templates?
I feel sorry for anons who fall for this, but then I remember not everyone can make it so fuck them

>> No.25470212

>>25469887
>chainlink doesnt need these bullshit threads hyping everyone up, it just leads to unnecessary volatility which leads to more shitposting on /biz/
But anon, that's the actual virtous cycle Sergey spoke about

>> No.25470308

>>25458278
>Neet nodes will do easy jobs to earn reputation via Keep3r. Arbitrum staking will be huge imo, as the increase in throughput will turn arbitrum into a black hole for all smart contracts.

What about avax sir?

>> No.25470321

>>25470212
all of us are just puppets dancing to one man's tune, anons, sergey, vitalik, blockstream, all of us
> be Ari Juels
> Tell weird philosophy student about an oracle problem and introduce him to your number cult
> "Remember the 42 and 216 goy"
> Tell him that muh tech can solve this problem
> "You can even put your name on this white paper I wrote, Sergey, I get enough credit"
> "You're a smart man Ari"
> Ask Sergey to put together a team of saps
> he meets Adelyn crying over some spelling contest at a local community college and Steve at the bus stop
> Thomas was a neet whose mom forced him to apply for part time work at the nail salon in front of Chainlink HQ
> Everyone else was (((recruited online organically through JIDF channels)))
> Jonny used to post exclusively on anonymous horse and stable coin forums
> "Here, Sergey, Chainlink will solve all the problems of the oracle"
> "Gee thanks Ari you're the best"
> 32 million solved Ari's oracle problem... at least for awhile
> Ari exploits backdoor in Chainlink code
> Tell Sergey
> Sergey is devastated
> Sergey spams "it's over" threads on /biz/
> "It's okay I have an idea"
> Sell Town Crier solution to Sergey "hey I was just working on this and thought you might like it :^)"
> A few more million solved Ari's oracle problem.... At least for awhile
> Ari exploits TC code through backdoor and informs Sergey
> Sergey is suicidal
> He begins spamming tranny porn on /biz/ in revenge
> "It's okay Sergey I've got a new solution to your oracle problem but we have to include my student in this scam I mean company"
> A few more million solves Ari's and Zhang's oracle problem"
Hook, Line, and Stinker

>> No.25470514
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25470514

>>25470308
arbitrum is layer 2, avalanche is layer 1. and yes they are compatible ;)
also, take a look at the name of the author of the original avalanche protocol whitepaper.
https://medium.com/@mr_davis_12/avalanche-and-the-team-rocket-chronology-mystery-and-pseudonymity-30c17331f6a2

>> No.25470575

>>25465142
Nice fucking shit anons.

Paypal doesn’t allow users to move their coins off the exchange. To allow that legitimately they’ll need proof of reserve. This is where link comes in. It’s not their own decision though, and highly likely imposed upon them by Paxos. Paxos also powers the Revolut app, and, wouldn’t you know, they have the exact same ToS https://www.revolut.com/help/wealth/cryptocurrencies/getting-cryptocurrency-exposure/sending-cryptocurrency . Coincidence? Yeah, no. Wealthsimple which is as normie as Paypal also has the same restriction. Only link’s proof of reserve will alliw Paxos and friends to open the floodgate. Wgmi

>> No.25470636

>>25465887
The only sensible post in this thread

>> No.25470678

>>25468362
>at 4 and at 1 and every time before.
What do you mean???

>> No.25470785

>>25468362
Aaaaaaagghhhhhh!!!!!!!
I’m so fucking excited!!!!!!

>> No.25470839
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25470839

>>25468750
I'll sell you an entire LP for 61 ether right now. I'm the OP with only 400 LINK.

>> No.25470953

>>25470575
Great crumb.
What do you hold besides link?
So link will power all these tech firms to trade crypto on/off their platform?

>> No.25471021

>>25470180
That's still fucking high as fuck for something with 0 hype and under 1,000 wallets probably under 100 active users. Again, it's basically just a single-token dex right now with frankly insanely high order fees (costs about 0.5 LINK to place order)

>> No.25471061

>>25471021
I meant costs 0.5 LINK to place order PLUS ETH gas

>> No.25471151
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25471151

>>25456657
>We can expect 30% or even more of all Link to be pooled in contracts powered by Linkpool
wish i could feel sorry for LPtards, but i can't

30%? as in per cent? are you a fucktard?
do you even know what chainlink is? do you realize that your best-case scenario is essentially a centralized oracle: the problem that LINK was designed to fix?
do you not know that for this exact reason the LP team vowed to limit itself to only 10% of the job requests of the LINK network?
do you think that LP will somehow have a monopoly on LINK staking services?

do you not realize that LP has marketed itself as "staking for normalfags"?
do you not know that in pretty much every crypto the top 0.05% of wallets control at least 75% of the wealth?
do you think that even a single whale, will pay an exorbitant 25% on his multiple million $ gains in order to save a few hundred in setting up a server?
30%? are you a fucktard?

to put the cherry on top, there are retards who legit mistook this for a serious thread
really hope they are coordinated shills, people can't be this fucking dumb
>this is the average pro-LP thread

>> No.25471250

>>25471021
Are you serious? you think linkpool is just a dex?

lmao, the dex is just a small feature designed to let people swap tokens

they're literally the largest linkpool node out there. they receive 3k LINK every week, distributed to LP holders

>> No.25471399

>>25471250
>the largest linkpool node out there
What point were you even trying to make here? I'm guessing you meant to type link but you've been shilling linkpool so much your phone/brain autocompleted it. Fucking lmao.

>> No.25471460

>>25471399
Yes, the largest LINK node, obviously. Way to dodge the point. Do you seriously think LP is just a dex?

You realise its a fully fledged company and the largest Link nodes out there, and therefore powering a third of DeFi?

>> No.25471467

>>25471250
>they receive 3k LINK every week, distributed to LP holders
Oh and that's not even close to true. Maybe they did that for one week but I hold some LP and if that were true I'd be getting over 1 link a week. Which I'm fucking not. Kys shill. You've been BTFO. No coming back.

>> No.25471480

>>25459250
https://www.jpmorgan.com/onyx/liink

>> No.25471496

>>25470953
Nothing lol. I didn’t wanna bet on a single horse (chain) so I’m generally betting on blockchain having real world applications, which is link. Some of my pals are hyped about btc’s lightning network, discreet log contracts, and btc dapps (umbrel?) but I’m not convinced at all, lol. Maybe I trust Sergey too much, but I trust that they’re working on what enterprises are asking for. If btc dapps becomes a threat, they’ll secure a spot in that ecosystem.

>> No.25471506

>>25471460
>Do you seriously think LP is just a dex?
Yes. Because right now that's literally basically all it is. Anyone can look this up. Kys shill. You've been BTFO

>> No.25471547

>>25471496
they're already working with the BTC chain.

>> No.25471549

>>25471467

I own 1 Lp and I get 1.8 Link every other week. This is without staking so of course the amounts are low

>> No.25471578
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25471578

>>25471460
> a third of DeFi?

>> No.25471791

>>25470953
But yeah, also, for Proof of Reserve hiring Benedict Chan (wBtc architect) was an insanely OP move.

>>25471547
I’m aware but not sure I’ve ever seen anything really concrete about it. Source? Other than a blogpost? I’m just saying I’m ok betting on this single horse as I trust the team and believe that they’ll secure a part of whatever the future is. If I’m wrong I’m wrong.

>> No.25472159

>>25471467
it's literally on the website
https://staking.linkpool.io/ownership-dashboard

>> No.25472232
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25472232

even though threads like these are mostly hype (like the part where op says all of chainlink is finished is hilarious lmfao) they are still the only thing thats making me not kill myself

>> No.25472250

>>25470514
thanks for this
just speculation but it's interesting

>> No.25472281 [DELETED] 

>>25470514
thank you MB

>> No.25472426

>>25472232
if a pajeet streetshitter shilling LINKPOOL (this isn't even a pro-chainlink thread in case you didn't notice) is what prevents you from killing yourself, i have bad news for you anon...

>> No.25472726

>>25456657
What’s the approach to staking? Outlier removal?

>> No.25472959

Fucking based

>> No.25473090

>>25472232
Agreed this has been the only bearable thread on this board in weeks. Thank you OP.

>> No.25473195

>>25472726
neet pocket money removal

>> No.25473249
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25473249

>>25470514
"If you only know how comfy things really were planned"

© 734mr0ck37

>> No.25473372
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25473372

>Put in 0,2 ETH 2 years ago into this obvious scam ICO
>Now worth $14k and will go to 30k probably
0,28 LP chads rise up.

>> No.25473590

>>25473372
0.32 LP checking in. No one even mentioned the ICE and synthetic things. Party is just getting started. Linkpool is an easy 10x at least.

>> No.25473828

>>25472159
Yeah Johnny and matt, being the greedy kikes that they are, take 75% of these linkpool profits leaving the remaining 25% to be distributed between the other holders. This ratio should have been reversed at offering.

I have 0.4 LP bought for well under 10 eth/LP, and even I think I overpaid. The current prices are far too high and a lot of linkpoolers are so deluded they think no other node provider will compete with linkpool, which they obviously will

From a risk/reward standpoint you're far better off buying 3500 link at the moment than wasting $42k buying 1 LP.

>> No.25473956
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25473956

>>25456657
>Right now gas fees are way too high for Chainlink to implement reputation and staking, it would totally flood the ethereum network with activity it's just not ready to handle yet. This is essentially why Vitalik and Sergey have this animosity going on, Sergey showed impatience for Vitalik to deliver. Hence Sergey, via Ari's connections, got Ed Felten's team on board.
based Ari
so when is he going to go public and announce that they're actually working to build the world's first quantum machine?

>> No.25474120

>>25456657
Sergey is taking ChainLink to the Cardano blockchain.

>> No.25474364

>>25473956
This thread is now confirmed as one of the best in a while. I was waiting until you should up to push it over the edge. Welcome based schizo. Ari is teaming up with the university of Rochester to use superconductivity at room temperature to create the quantum machine which is called “stay king”. The reason it’s called stay king is because they are worried it’ll transcend immediately to the quantum realm once turned on. This is often confused with staking in speech though. Link is actually our spiritual and physical link to the next plain of existence.

>> No.25474508

>>25466418
Not sure about first, as its already on other chains, but sure. DOT aswell.

>> No.25474661

>>25472426
>linkpool has nothing to do with chainlink
pajeet streetshitter you were saying...?

>> No.25474709

Great thread in a sea of dogshit. We will make it.

>> No.25474720

>>25474661
>strawman
haha ranjeesh is mad! mad ranjeesh will now shitpost!

>> No.25474830

>>25457630
>>25457785
>>25474709
>>25474364
>>25473090
lmao and there i thought i was experiencing dejavu

>keep spamming "great thread" guys, maybe it will gaslight them into actually believing it

>> No.25475141

>>25473828
so... why haven't you sold your LP?

>> No.25475147

>>25474364
>the quantum realm.
This doesn't mean anything.

>> No.25475681

>>25475141
Because I've already made it. Plus just because it's overvalued now doesn't mean it won't get more overvalued. But that means I wouldn't be buying now

>> No.25476295

love the LP FUD. you dicks wanna know why? yearn soon. dyor

>> No.25476823

>>25457494
This. Jonny is a greedy fuck and wants to play defi casino with my money

>> No.25477631

>>25475681
So you are not swapping an asset you think is overvalued to another asset you think is undervalued... because it may get even more overvalued?

You do realize you're basically saying you're just plain dumb? If you weren't a larp of course.

>> No.25477809

>>25470321
Kek'd

>> No.25477836

>>25457005
>Next 3 months
Wooowie Mr Crystal balls

>> No.25477889

>>25471021
The dex doesn't collect fees anymore, so there is no LINK fee

>> No.25478071

>>25456657
How much os 0,04LP right now?

>> No.25478159

>>25478071
https://staking.linkpool.io/dex

about 2.5 eth if you pay the offer

>> No.25478241

>>25457494
Wouldn't this be considered as the token being finally created?
For most ERC20 coin ICOs you had to invest in the initial ICO and receive later the coin.
With this logic we just finally physically received the token of the ICO which virtually existed as a contract for 2 years already.
It's not a token swap because we didn't have a token before.

>> No.25478248

>>25478159
Thanks

>> No.25478283

Can someone explain to me how I can get and store LinkPool? I live in America.

>> No.25478295

>>25478241

No, there is a real physical token that currently exists, and holding on LP token currently entitles you to a dividend of around 0.5 LINK/week

>>25478283
Buy it on the dex and don't tell the feds: https://staking.linkpool.io/dex

>> No.25478340

>>25474364
>>25473956
And there goes the thread

>> No.25478342

with 100 LINK it's impossible for me to buy LP isn't it, I'm way too late; I can only afford like 2 ETH lmao

>> No.25478385

>>25474120
Oh

>> No.25478495

>>25456657
IS 3k link and 0.12 LP ENOUGH TO make it by 2023?

>> No.25478542

>>25478342
Same, but I got in early

>> No.25478568

>>25478283
You are priced out nufag

>> No.25478645

>>25478495
share 100 with me sir before we ride the golden bull sir

>> No.25478646

>>25478295
What the fuck are these prices

>> No.25478789

>>25478645
I would if I had over 10k fren, Im sorry

>> No.25479008

>>25478646
How new are you?

>> No.25479056

>>25478789
alright well pray that it doesn't moon before I buy more Friday so I can have at least 250; I'm hoping that much over ten years won't price me out of the citadel

>> No.25479093

>>25478646

Welcome to the real world buddy, good stuff isn't cheap

>> No.25479168

what's the minimum amount you can purchase off the LP dex? 0.04 LP? so essentially LP is off limits to anyone with less than ~2.4 ETH. $2400 entry fee. dang.

>> No.25479199
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25479199

>>25477631
Yes faggot, I already have a make it stack of LINK, BTC and INJ, sometimes it's better to be diversified, I don't need to gamble any more

Now cope and dilate

>> No.25479257

>>25479168
They will be changing it to an ERC20 soon and splitting it up further so you'll be able to buy smaller amounts

>> No.25479317

>>25479257
Price is going to be a lot higher then, people are already buying now in anticipation of dumping to poorfags after they FOMO when erc20 happens

>> No.25479364

>>25479056
Go back

>> No.25479384

>>25479317
Well yes but if you don't have the cash to buy now then that's their only option

>> No.25479613

>>25478295
Can't we then define the price of the LP tokens before this new ERC20 token?
It's not tracked as a mainstream crypto and the only available price is on the dex currently which does not seem to leave any history behind.

Or can it be considered as a branch/fork of the original LP token with an initial price of 0?

>> No.25479628

>>25479257
hell yeah dawg and when they do it will moon like a mofo

>> No.25479898

>>25479613
Dude, what are you talking about? The last trade happened a few minutes ago, for 61.9 ETH/LP. So that's the price.

>> No.25480873

>>25479898
Can it not be considered as a fork of the original coin?
Does the original LP token completely disappear or do we just receive a new one and keep the old one as something useless?
From my perspective I would not consider this to be something new which should generate a taxable event because we don't sell anything.
It's just a technical improvement of what was already existing.

>> No.25481772

>>25480873
Pink ID isnt gonna make it anyhow