/biz/ - Business & Finance

how do I stake LINK with this shit?

>tfw only threw $400 at this at the ICO and now only have $175000.

why didnt i throw in more???

WHAT THE FUCK IS THIS PRODUCIT OP YOU FAGGOT AND HOW DO I FUCKING USE IT?

>>26509890
Staking isn't available yet, but when it is you can do it through the 'Stake/Withdraw' part of the website.

Is t that 3% APY. Why would anyone want that? Theres way better returns elsewhere right now

>>26509805
ERC20 conversion estimates?
>inb4 Q1
I know but do you think we will see it before January ends?

>>26509984
you buy now so you can use it in the future you absolute fucking mongoloid

>>26510058
NO FAGGOT, am I buying LINK or LINKPOOL?

>>26510107
I think XRP might be a better buy for you

>>26509805
>paying out
so it's a scam

>>26509929
this, only bought 2lp

95ETH for one LINKPOOL ffs
>>26510194
you first, go stake with flare

>need to buy some other token to be able to stake your link
sorry but this just seems like a scam to take my linkies

>>26510107
what? you buy LINKPOOL to get a fuck load of LINK over time

>>26510363
I dunno, what if they runout and go under? its beyond me, safer to just but LINK. Also, who the fuck has 95ETH to throw at this? I'm not in 7 figure club anon right now

>>26510293
If it's a scam it must be a very convincing one, seeing as they have been working closely with the Link team and were given a grant from their development programme.

kek, if you don’t get how to win with market volume on crypto just forget your account and fuck off from this thread

Cmon, I am too experienced to join in this scam, that’s why I will get my base on uniswap and go in cascade for top profit with passive rewards

>>26509805
why are yo shilling it if its so good? shouldnt you be fudding it to buy cheaper
seems like youre trying to sell to buy more linkies

>>26510422
sure they could go under, but it doesn't seem too likely.
this will probably be the best place to stake your link for people who won't run their own nodes and will be giving priority to staking if you have some LP.
You can buy LP in increments of 0.04, which will allow you to stake 400 link on their platform, maybe more than that in the far future.

>>26510498
Because he already made it

serious question, assume some fucking mega corps own an absolute shitton of LINK. You stake LINK to be rewarded LINK right? But theres accounts with 1mm LINK who are staking etc. Eventually you must run out of LINK so how/what do you get paid or is this the singularity meme?

>>26510010


Just see what the APR will be once staking is released

>>26510633
can a high IQ anon answer this?

>>26510498
Because we arent all newfags you fucking retard. We filled our bags years ago, same thing with link. Normally i start such threads to piss off newfags and hear them seethe because they are utterly priced out

>>26510761
>run out
>18 decimal places

uh yea sure anon they will run out

>>26510761
Link has 18 decimal places, what do you think will happen retard?

>>26510823
yes but the squeeze will get more and more no?

>>26510878
so getting paid 4 LINK will become 1LINK will become 0.5LINK to 0.001LINK to 0.00005LINK for example

>>26510940
Exactly.

>>26510633
>Eventually you must run out of LINK
I, the person staking runs out of Link? Or the network running out of Link? I don't get why the former would happen unless I am penalised for providing bad data.
In the case of the latter, the token's scarcity will drive the price up while not affecting the cost of using the service. This would mean using tiny amounts of link (18 decimals, see >>26510823 and >>26510878) would suffice as collateral and payment. I imagine there will be cycles of decreasing supply as the token increases in value, with supply being restored as stakers sell off for profits, like in some kind of ascending market cycle.
But I'm not an expert on how the system works.

>>26510940
yeah but if/when that happens the price of link will be exponentially higher than it is now

>>26510959
It was what I was asking, I just didnt explain it clearly. See, not a total retard, learnt something from lurking here

>>26510976
I only realised from this thread but this is the singularity meme isn't it?

Long story short, never farmed before BAO, read about liquidity on UNIswap info page, understood the value of LINK after that, then this thread made me click more

>>26510252

>>26511053
More or less.

>>26511148
>only 0.12LP
They're inflating the supply when they switch to erc20 right? I can't stake anywhere near all of my Link with what I've got now.

>>26511156
>>26510986
>>26510959
thanks anons

>>26511234
>>26511234
>They're inflating the supply when they switch to erc20 right?
yes but that won't increase staking limits afaik

>>26511234
Reinflating != token split
If you own 1 LP you will have 25 LP after the ERC20 conversion, but you still keep the same percentage of the total supply.

>>26510010
learn to equity valuation

>tfw 0.04 suicide stacklet
feels bad bros

>>26511352
>>26511274
So the 1k/10k staking limit per LP token wont apply to the ERC20 LP token? Is this stated anywhere or just based off of rumours?

>>26509929
are you literally me?
Also, the fact that linkpool has been mooning consistently while link wavers a little makes me think that retail link owners are 110% strong handed

>>26511475
Their rough estimate is that you can stake 10'000 link per old linkpool token, after conversion to eric20 it will be less link per token but you will have more tokens so it will be the same thing

>>26511475
you will need linkpool shares/token (when its converted) to be the first in line to stake with linkpool
linkpool holders get priority, only once that's filled, does the public get to join
follow Mat Beale and Jonny Huxtable and Linkpool on twitter to track announcements
also check out linkpool's medium page

>>26511620
>>26511693
Thanks, looks like most of my Link stack wont be covered by this then. I'll have to keep an eye out for other staking opportunities.

>>26509929
the returns for ICO buyers are astronomical
people have been sleeping on this project for years
they also gave ICO buyers more shares because the cap of 1000 ETH wasn't reached, so they distributed the remaining tokens to all ICO contributors
gains stacked on gains

>>26509890
>>26509984
>>26510010
>>26510107
>>26510293
>>26510498
GO BACK NEWFAGS

there will be other staking providers, who will offer better fees (imagine paying 25% lmao)
the devs have been treating LP holders as outsiders, even though in theory they own 25% of the company. in reality they have boycotted you out of early staking (you only get a tiny portion of the rewards) so that they could stake their own LINK and keep you out of thousands of LINKIES worth of rewards

linkpool devs have claimed in the past that they will limit LP to only 10% of the chainlink system (makes sense, otherwise it would be dangerously close to non-decentralized oracle territory). 10% of the jobs is your best case scenario. i'm saying this because a few threads ago some retard said something like "30% of the network is a pessimistic guess" lmao. don't be deluded

linkpool has also been in charge of an insufferable shilling campaign on /biz/, since they know that we have a lot of LINK holders. "stay poor", "please buy", hostile comments, etc... those indian/pakistani subhumans couldn't make this shit look organic even if their life depended on it, but i guess you pay what you get
remember, LP was designed to "lower the barrier to entry" (euphimism for niggers, poorfags and tech illiterate people) which is why the fees are so ridiculous. whales (90% of circulating LINK supply) won't be using such a service as they have no need for it

overally congratulations to whoever legit bought LP in the sale. i doubt there is even a single one lurking right now, since 80% of people who bought during that sale were whales and this thread smells of pajeet curry
but nonetheless, can't fathom how someone would ever buy LP at this stage instead of buying more LINK. LP in the end is a service that offers staking, nothing more nothing less. LINK will change the world and you don't need LP to stake

>>26511939
Wtf are you doing with your time anon? Dont buy it then.

>>26510010
That's 3% APY without staking implemented. Just imagine the future APY. Also APY goes down when LinkPool share price goes up.

>>26510633
I think you get paid in the market value of LINK. They have to market buy it to pay out dividends, therefore drying up the supply more and increasing LINK value

I think but I'm midwit IQ

>>26512021
just helping out those innocent newfag anons from getting pajeet'd

Getting paid 35 LINK every two weeks is comfy, desu.

>>26512063
Linkpool is besides link my comfiest hold. If youre holding LP you are also longing ETH btw, AND getting passive revenue. Wtf are you talking about?

>>26511939
>mfw I am apparently a whale
>mfw my current net worth is only 300k
btw, first half of the post was actually good FUD, overselling the pajeet/euphemism angle in the rest makes it too obvious. I will save and use this

>>26512063
One day I will track you LP whales down for fudding me out of the ICO. It's gonna be so much fun.

>>26510633
18 digits

>>26511939
>linkpool has also been in charge of an insufferable shilling campaign on /biz/
insufferable gains for those who didn't buy in

>>26511939
>congratulations to whoever legit bought LP in the sale. i doubt there is even a single one lurking right now,
one of the original 186 ICO buyers

I WILL NEVER FORGIVE MYSELF FOR NOT BUYING LP

>>26511939
>there will be other staking providers, who will offer better fees (imagine paying 25% lmao)
No there fucking won’t. You nopoolies have been saying this for years. Where are these theoretical other staking providers which are much better than Linkpool? Lmao.

>>26512205
bro...

>>26512160
there were a few of us shilling the ICO when it first came out
most of /biz/ was sleeping on it though

>>26512129
If you got them cheaply, it’s like longing ETH on leverage.

When ERC-20 happens, it’s going to be a wild ride.

>>26512239
Show me where to sign up to steak with them? Meanwhile I’ve made 20 linkies from holding LP.

>>26512239
Who says those nodes need your link? And even if they do need your link, if they dont implement a token model like linkpool then payouts will be diluted

>>26512249
I was a dumbass 18yo midwit who fell for the "other staking pools" fud and I was desperately trying to increase my LINK stack. At least I have an ok stack of 19 000 LINKs and 0.28 LP.

>>26512312
you're not staking yet with LP, you're taking part of the rewards from the staking of the devs
personally i consider this scummy, you guys bankrolled them and you own one fourth of the company, you were entitled to be able to stake together with them

not saying that you got a bad bargain (especially if you bought when it cost just 1 ETH), just displaying a healthy amount of skepticism over the bigger picture

>>26511939
You. Pic related. Stay Fucking poor.

>>26512387
>I was a dumbass 18yo midwit who fell for the "other staking pools" fud
they failed to mention that Jonny Huxtable was made a team member of chainlink and that chainlink was working directly with linkpool

>>26512504
I don't think Johnny was a team member when they ICOd though?

>>26512456
>you're not staking yet with LP, you're taking part of the rewards from the staking of the devs
The LP tokens I hold give me the right to stake several thousand linkies once staking is available.
Meanwhile these “other”, “superior” “staking services” don’t exist, have zero plans to onboard NEET linkies in a pool, and are merely wishful thinking.

They have done everything they set out in their ICO. It’s not scummy. I was not tricked.

>>26512316
>if they dont implement a token model like linkpool then payouts will be diluted
not sure you fully understand how it works
LP token has 0 utility, it is more like a share and by having it you are entitled to priority when staking

the only thing you need in order to stake is LINK tokens as collateral (the more the better) + high uptime + no bad information
some of you people appear to operate under the delusion that only a fraction of LINKs will be needed for the network, when in reality it's the exact opposite. LINK is a utility token, its entire purpose is being staked, being given as a reward to operators, or being taken away from operators to penalize them. outside of this scope it has 0 use

just because the devs said something-something about ETH fees diluting rewards in order to scam you out of early staking doesn't mean you weren't fucked over (assuming you own any and you're not just a shill)

>>26512497
>actual pajeet spergout
lmao every single time

>>26512456
>you were entitled to be able to stake together with them
No, we were entitled to whatever they laid out in their whitepaper. Not entitled to whatever bullshit headCanon you come up with.

so what's the idea behind converting to ERC20? Is this gonna pump our bags?

>>26512795
Allowing trading of smaller fractions and integration into Defi products

>>26512683
>>26512741
>No, we were entitled to whatever they laid out in their whitepaper. Not entitled to whatever bullshit headCanon you come up with.
>It’s not scummy. I was not tricked.
talk about stockholm syndrome lmao

you guys own 25% of LP tokens (75% was kept by the devs :) ), yet you're not allowed to stake in this early stage. want me to post some math to show you how much the devs are earning on your expense?

>>26512795
most anons agree that it is going to be a dump

>>26512795
>Is this gonna pump our bags
Yes. Less than 750 holders right now. Only holders are LINK OGs from biz with iron hands. If Linkpool reaches mcap equivalent of Uniswap’s token it will be $1million per LP token.

>>26512704
You are so fucking retarded. Staking will work as you correctly said as collateral, but jobs will only need a certain amount of link as collateral. If you then open up these jobs to the public, jobs will be flooded with link, which will dilute the payout per staked link

>>26509805
sounds to good to be true

>scam

>>26512901
Literally what are you talking about? Staking is open for NOBODY at this time, kys.

>>26512795
The idea is that once it's an ERC20 token, it will be added to Uniswap, maybe even Binance or some other exchanges. This way normans don't have to put in a minimum of $3000 since ERC20 tokens are divisible. LinkPool will then probably be added to CMC as well making it visible to normans. Just imagine normans suddenly realising that in order to stake LINK you need something called a LinkPool share. The price will most likely pump a lot. I'm thinking $300k per LP.

>>26512901
>stockholm syndrome
Thanks for your concern for my financial well-being, is it Stockholm syndrome when my token goes x500 since ICO?

> you're not allowed to stake in this early stage
There is no staking functionality in the Chainlink network you mong. The links we receive are from the heartbeat, ie Sergeys dumps.

>going to be a dump
Please come back to this post when 1LP = $1 million. Will you admit you were wrong then?

>>26512704
>>26512901
>absolute brainlet-tier fud attempts
the seethe is real frens

FUCK NEWFAGS
FUCK REDDITORS
FUCK JANNIES

>>26513062
you smell of curry

>>26511939
>linkpool devs have claimed in the past that they will limit LP to only 10%

wtf is this true????

>>26511939
>LP's appeal is solely the ability to stake early
>ignores NaaS and market.link moneyfication profits that also gets distributed among LP holders
ngmi

WHAT THE FUCK.
1 LP WAS ABOUT 1 ETH. WHAT THE FUCK IS GOING ON?

>>26513062
Nopoolies exhibit some of the most extreme COPE I’ve ever seen. Horserimmers are all gonna make it.

>>26513135
You think pajeet can afford $4000 for 0.04LP?

>>26509805
Kek. All you poorfags not realizing the real money is running a node with them. Learn to code faggots

>>26513135
whatever nigger

>>26513157
>market.link moneyfication
haha yes i'm sure those 0.1% market fees with pic related volume will make you rich
good thing i bought LP, together with hundreds of thousands worth of $ in LINK rewards i will also gain 80 cents! enough to move from mumbai to delhi

>>26513321
you need 100k link to use their node as a service service

>>26513367
>i will also gain 80 cents!
It’s 6 LP every two weeks, wtf are you on?

>>26513156
can someone please answer this?

>>26513321
i didn't buy LP because i wasn't tech illiterate and was confident about running my own node, didn't feel the need to pay someone to steal 25% of my rewards

i still don't need LP to stake, but holy fuck how did the price ended up being so high? makes 0 sense

>>26513440
xd

>>26513457
Its baseless fud. Market will decide which node to use.

>>26513156
Yes, they have said that in the past. Look at it like this: links marketcap shows you how its network is valued. This is at 10 billion right now. 10% of that is 1 billion which would be how much linkpool would be valued if staking was implemented. This would put linkpool at 250k so yes, we are still undervalued.

>>26513440
6 link*

>>26513478
What data are you going to sell? Who are you going to sell it to? How will you get the data? How will yoi guarantee your data will be correct? Why sould they use your stupid neet node instead of the bestperforming node?

>>26513367
If you are a Chainlink node operator looking into allowing others to lend you LINK for staking purposes in a decentralized and trustless manner, you actually want that level of security and reliability. It's a no-brainer. If I'm a devOps pro but I'm new to the ecosystem and I'm priced out for 100k LINK jobs, I want people to be able to stake on my node, how do I do that? Create a staking system from scratch or turn my node into a Linkpooled node in a plug & play manner via their poolable contracts for Chainlink nodes?

>>26512901
This anon gets it. Oldfags here remember when LP first shilled their "coin" to crowdsource funds to start up LP. Buying LP now is a fool's bet, you are too late. There is a reason why its illegal to own LP in the unites states but it is perfectly legal to use their services and run a node with them.

BTW linkpool are actually some really nice guys in irl. But getting LP token now is a joke

>>26513478
>was confident about running my own node, didn't feel the need to pay someone to steal 25% of my rewards
So how much link have you made from staking so far? Versus LP holders?

>>26513457
found this thread from 2018
>>/biz/thread/14176117#p14177117

have definitely also heard it in other old posts, but i can't find them
so fucking sad how badly this board has degenerated, back in the day such information was readily available everywhere in LINK threads
now it's just hostile streetshitters and people gambling with shitcoins

>>26513656
>you are too late.
Have you actually checked LP’s mcap? It can easily x10 from here and not even be in the top 10.

>>26513370
Node as a servuce is for faggots too retarded to follow simple instructions to build a node on a VPC

>>26513588
This is still excluding independent nodes that will use linkpool's infrastructure to gather link in order to stake them

>>26513687
Biz is not really useful in a bull market. Bear market discussion is where you find the best info.

>>26512585
>I don't think Johnny was a team member when they ICOd though?
no, it was a risk to buy in at ICO, but in hindsight it was a great investment

>>26513687
I'm the OP of that thread. I was a legit fan of what Linkpool wanted to achieve, but I guess you had to autistically dig into their Medium articles / Slack / Telegram to really "get" their value proposition. I got tired of people telling me I was just shilling to sell so at some point I stopped creating them regularly and just opened a LPG thread from time to time when there was some announcement

>>26513627
>Why sould they use your stupid neet node instead of the bestperforming node
because in case you didn't notice that's the whole point of decentralized oracles. centralized oracles (linkpool taking over all the jobs) is everything that LINK stands against
also not sure how tech illiterate you are, but everyone is able to set up top-tier nodes

>>26513800
Kek. Falling for the market cap meme. Tell me, where can you "trade" LP beside through their own self hosted DEX... They even state that they have no plans to list the coin anywhere else besides their own DEX.
>go back faggot

>>26513872
Agreed. I feel like everytime the market pumps we get flooded with brainlets from (((plebbit))) and pajeets fill the streets with their shit(coins)

>>26509805
Kek. It's crazy overvalued. 3% APY is SHIT with something so high risk.

If you just bought LINK instead of LP at LP's ICO you'd have made $250,000 in LINK. So you'd need 63 more years of LP gains to equate, when realistically you can NEVER actually make that back because LP's value is derived directly from the value of LINK.

TL;DR just buy LINK, historically and forever more it will be your better purchase.

>>26514019
>>26513687
Btw, still haven't sold a single LP

>>26514053
It's not "LinkPool taking over all the jobs", is "Linkpool providing such a data quality and diversity that almost every data requester wants to include them into their feeds among other quality node operators". If you don't like the very concept of reputation as a safety network, you are against Chainlink core value proposition itself

>>26514053
>also not sure how tech illiterate you are, but everyone is able to set up top-tier nodes
it's a lot more involved than just being tech literate
you can ask CLC Group, they underestimated how many things are involved in operating a successful chainlink node

>>26514076
>where can you "trade" LP beside through their own self hosted DEX...
He doesn't know. Kek. Imagine being this clueless.

>>26514205
Sorry I should correct since it's only a $100,000 gap. So 25 years, but also never.

>>26513687

Thanks,

still
>Linkpool vowed to...
I don't get it what company would cucks itself out of some marketshare? Does not seem natural

>>26514076
>They even state that they have no plans to list the coin anywhere else besides their own DEX.
Have you not been paying attention or are you just pretending to be ignorant?

These seething fags are missing out. Imagine thinking that this is the pump, when the real one has not even begun.

>>26514053
Ive been running a node since september 2019 you fucking moron. Guaranteeing 100% uptime is not as easy as you make it sound.

>>26514205
>If you just bought LINK instead of LP at LP's ICO
Linkpool has x500 while link has x150

>>26514053
Neet nodes are insecure and dont meet community guidelines, a simple hour on the dev forum will show you they dont want people running nodes in your moms basement unless you have proper security protocols, UPS, connectivity, ect..
>any neet though can make a node on a VPC and meet all community security standards. Just pay the VPC host the fees for managing your stacks and the gas

>>26514053
>LINKPOOL is too centralised!!
>>26514312
>LINKPOOL is aiming for decentralisation? What cucks!

Keep fudding

>>26514312
because the larger their "marketshare", the less decentralized the chainlink network becomes. you could argue that if they attempted to get a larger share they would be actively sabotaging the LINK network, therefore limiting themselves to only a fraction is a good thing for them

>>26514426
it's easy as fuck bro?
all you need to do is run it on a cloud server with another backup server as failover

>>26514312
Perhaps it was part of an agreement for the grant they received from Chainlink.

>>26514580
How do you guarantee there is enough gas on your node in times like march 2020? Gas prices would have destroyed EVERY neetnode in that time.

>>26514497
>a simple hour on the dev forum will show you they dont want people running nodes
that's blatantly false
linkpool devs themselves encourage you to run your own nodes lmao (pic related)
the ultimate goal is making staking as easy as possible for everyone, aiding decentralization

>>26514592
>winner winner chicken dinner

>>26514205
Are you fucking retarded? If you bought LINK during LP ICO time instead of LP, you would have less gains. LP was something like $100. Now it's at $130k. 1000x. LINK is about 100x since then.

>>26514205
>>26514432
BTFO

>>26514251
I almost pulled the trigger when 1LP was 1.2 ETH but I didn't take it upon myself to do the research thinking that there would be plenty of other staking services. I managed to pick up a 10k LINK stack as a poorfag but I currently have no way to monetise it via LP shares. I have around 10kusd in GRT too that I'm thinking of liquidating to grab some LP but it seems too late now. Any suggestions 42?

>>26514726
active monitoring

>>26514755
Learn to read faggot
>they dont want you running a node in your moms basement

>>26514556
>>26514580
But decentralisation is realised by having different nodes. Linkpool hosts different nodes. Even if most of the nodes were hosted by linkpool it would not mean it is not decentralised righ? Or since the profits are pooled you could make an argument that all the nodes in linkpool are actually one and the same?


>>26514592
Ok, that could make sense from an economical point of view

>>26514882
>they dont want you running a node in your moms basement
first of all nobody will do that, they will be using servers + failover (which is dirt cheap in case you weren't aware)
secondly assuming someone does something so stupid, if
>his computer crashes
>wifi goes out
>power outtage
he will lose reliability, meaning that his nodes will not be picked anyways

>>26514947
There is a reason why they dont upfront advertise the shit out of LP token.

>>26514851
Be honest, it would have blown your budget by 100x

>>26514947
>Even if most of the nodes were hosted by linkpool it would not mean it is not decentralised righ
anon what the fuck are you talking about? do you want me to beat you up?
what would be the difference between linkpool and fucking oraclize (before it bent the knee) in that case?

>>26510268
Same only 2. On the one hand I'm thankful to have them. On the other I've got regret for not getting more when I could have

>>26515017
Okay faggot. Go do that, build your own moms basement neet server and show it off in the dev forum.
>I'm waiting

>>26514592
No. Grants were absolutely not a thing yet when they mentioned the 10%.

>>26514825
>Any suggestions 42?
pick up the smallest LP share if you don't want to jump all in and just want to dip your toes
the smallest unit is 0.04LP
I sold 0.2LP shares recently to fund my new miner upgrades
have 2 machines with 6 nvidia 3070 cards mining eth
I used my previous mined ETH to buy into the Linkpool ICO
mining ETH is a good hedge against high gas fees and network congestion
I know miners are complaining about ETH going to staking, but I have this feeling that ETH mining will still be very profitable in the short to medium term, especially in my case where I don't pay electricity bills

>>26515101
I know it's not perfect, but fopr the sake of the argument: Someone is running node 1 using Linkpool, you come up and run node 2 on linkpool as well. You'll still try to get the best data possible and have the best uptime and compete with node 1 right? Only thing flawed with that is if you have linkpool tokens as well you might want node 1 AND 2 to be always correct so you might want to create a coalition with node 1. So node operators should be banned from holding LP tokens

>>26515047
https://www.theblockcrypto.com/post/76986/chainlink-nodes-attack-eth
there was an attack like that months ago, were pajeets tried to fuck over node operators precisely through ETH fees. a fuckton of money was lost

if you are a NEETnode operator, you can protect yourself by having limited amounts of ETH
so if you expect your node to spend 0.1 ETH fullfiling jobs each week, keep only 0.15 ETH and recharge on a weekly basis. as soon as ETH runs dry, you no longer run jobs so there's no fear of losing LINK

>>26515140
commit suicide

>>26515246
>not paying for power
What branch are you in?

>>26515403
I rent out an office for my consulting firm where I don't pay for utilities

>>26515361

But then your uptime will be fucked if it suddenly runs out snd reputation suffers. Being jewed by eth gas fees is playing the long game by maintaining reputation

>>26515540
Good shit

>>26515648
I'm lucky to have good contacts at a computer company where they can source these parts quickly for us
a lot of my friends who started mining with me back in the day are also upgrading their cards and following my lead

we must have moved 60+ GPUs in the last month alone lol
still need to sell off my old 4GB cards though

>>26515757
God speed to you anon. I had free power back in the service which was awesome, but then the price of GPUs spiked to pure retardation prices in mid 2017 and it became more profitable to sell my rig unfortunately (I miss my baby)

>>26516378
>but then the price of GPUs spiked to pure retardation prices in mid 2017
and they haven't really gone down since

>>26509417
>Inflation is already showing up on products with unexpectedly limited supply. GPUs, game consoles, and ammo are all basically unavailable at MSRP and the best you can do is pay a scalper way more than normal to get one/some

>>26514790
>LP was $400 (1 ETH)
>LINK was $0.40
Explain how you'd have more gains, faggot.

>>26509805
>At $25 per Link, that's about $4k a year.

Man, cant wait when the staking is on, the returns are gonna be crazy bros.

>>26511111
Checked

>>26517165
>Man, cant wait when the staking is on, the returns are gonna be crazy bros.

I have 52k Link, $80k worth of shitcoins (QNT, AKRO, XSN, UNI) and $40k fiat. I want to get into LP but don't really want to sell any Link for that. Also not really comfortable buying in with my fiat money as I think there should be a correction soon. How would you redistribute this portfolio with respect to LP?

>>26517548
>$80k worth of shitcoins (QNT, AKRO, XSN, UNI)
>>26517548
>How would you redistribute this portfolio with respect to LP?
keep your UNI, swap your other shitcoins for LP shares

there may be a local dip, but I expect the price to surge when LP is converted into an ERC token
currently there are only around 750-800 LP share holders which is nothing
that number will increase by orders of magnitude once LP shares become an ERC token
the price will rise along with the number of holders

>>26517548
You have to make a sacfrifice somewhere, shitcoins first then fiat

>>26517777
>You have to make a sacfrifice somewhere, shitcoins first then fiat
digits don't lie
chekkkked

>>26517548
I would move all the shitcoins into LP asap before the token swap. LP's APY is already 3% without staking. Only biz knows about LinkPool. After swap every single norman who holds LINK will know about LinkPool and they will be able to buy it without chucking in $3k minimum for 0.04 LP like it is now.

>>26509805
kek i bought .08 and they sent me some LINK direct to my wallet. not bad. I wish I could afford more.

keep up the fud, boys. you'll surely shake out the strongest hands in the space....
anons are gonna shit bricks when the yfi merger is public and you'll still be priced the fuck out.

>>26517679
there are way less than 800 lp holders, i got 3 adresses with LP alone kek

>>26519227
>there are way less than 800 lp holders, i got 3 adresses with LP alone kek
you're right
we are still so early

>>26518008
You do realise that the best way to increase APY is to decrease the token price, right?

>>26514796
Except that he's wrong, and I'm right. $400 LP, $0.40 LINK. Do the math, retard. BTFO.

>>26519227
I can't believe this, ONLY 186 people in the world participated in the ICO. I was jerking off and smoking weed at the time. Who are these people, they must be high IQ as fuck

>>26517679
>>26518002
>>26517777
thanks for your input. when is the swap supposed to happen? and are there any cex listing announcements already?
>>26517777
also checked

>>26519536
>when is the swap supposed to happen?
no one knows
keep a look out on their twitter accounts:
https://twitter.com/mobealo
https://twitter.com/HuxtableJonny
https://twitter.com/linkpoolio

>>26511620
its changed now. They are going to start with 400 link per lp

>>26518271
yfi merger?

>>26510107
it is ILLEGAL to own linkpool and LINK simultaneously

>>26520394
that is at the start of the staking network and was always the plan, their plan is to scale up to 10k link per lp after 1 year of staking release: furthermore they are planning to let linkpool holders stake their full stacks before opening their pools up to normies.

>>26520449
there was talk about having the option of linkpool rewards going directly into yfi pools to maximize apy

>>26520787
Matthew Bealestein is a top 10 YFI hoarder.

>>26509805
says the dude who gets .01 link for a shate he bought for 50k hahahahahahhah

>>26509984
there is no product but yet here he is telling you how undervalued it is. aka he wants you to buy his bags cause he bought in early

>>26519490
>I can't believe this, ONLY 186 people in the world participated in the ICO
mfw

WE ARE ALL GONNA MAKE IT

>>26521889
nobody is selling though? how do you explain that retard?
https://staking.linkpool.io/dex

>>26511361
learn to not get scammed im literally getting 15% apr rn, good luck with your 3% hahahahahahhaah

>>26522003
their main services arent online yet fagget, also my LP share cost me around 8k so apy is way higher for me kys

>>26520733
>furthermore they are planning to let linkpool holders stake their full stacks before opening their pools up to normies
even if you only own 0.04 (old) LP? 52k link stack here wondering how much LP I should be aiming for

>>26523060
i dont know, go ask them in the telegram

>>26509805
LINKwhat?

2 Pajeets, 1 street.

OOOOOOOOO LOOK WHAT JOHNNY HORSELOVER JUST SAID IN THE TELGRAMS

>>26519490
I participated but only the minimum amount. So high IQ but also low IQ

How many link do you need to participate in link pool staking?

>>26524879
no minimum
>>26524706
were gonna make it

>>26524706
Translation, fucking moon will happen

>>26524706
this means that LP tokens that are listed on exchanges for trading would be skipping their rewards which would mean it would increase for those who have them staked?
absolutely fucking based

>>26524706
> various derivative tokens
Curious as to what these could be. Just hope they won't go full defi scam issuing governance tokens and all

>>26521817
0.2 link biweekly for only $300 ;)

>>26521894
I just check some linkpool holders who participated in ICO mostly have more than +$1mil totally

>>26524706
How do I join their telegram?
I get kicked out constantly, but never managed to send a message to validate my account after joining.
Does the PC version of telegram not support sending a verification message?

It's a bit funny that I get my news indirectly through /biz/ despite having 3 LP.

>>26525135
so basically airdrops?

>>26524706
If you understand how crazy this is. This is chad farming.

>>26523060
I believe 0.04 LP (old) could only stake 400 maximum.

>>26510010
I make 4.5% APY with nexo. And i don't have to worry about getting rugged... Its not much but its honest work...

>>26525792
sorry cant help you there fren, their telegram is open to join for anyone, maybe try messaging eric on telegram and tell him to add you to the group

>>26526592
Anon... I...

I have 0.12 LP. Am I fucked? Plz reply

>>26526712
this will be a larp stack in a few years dont worry fren you will make it

>>26525623
I have 1/2 mil but its mainly in ETH BTC AND LINK. ETH will make me a millionaires this cycle... BTC is a shit boomer token. ETH n LINK is where it's at if you want to retire with generational wealth...

>>26526775
Thanks for the hopium fren

>>26526712
Kek. You had 3 years, anon.

>>26524706
>>26525100
>>26525135
>>26526126
Please explain. What is horseyboy talking about? Will I have to move my LP tokens around to pool them or will this be part of their normal dApp/website like it currently is? Will it change the amount of link we get as rewards? What does it mean, more derivative tokens? And why would tokens on exchanges mean we get more rewards? Why would anyone put tokens on exchanges if it means they miss rewards?

>>26525623
How did you check this? How many wallets are there?

>>26526939
Virgins farmers are going to beg on their knees, with their small pee pee begging for 0.001 LP and no one will ever sell it to them.

What I can say is, I am so excited for us all. This is generational wealth, Anon.

>>26526712
Is 0.36 LP tokens enough for a 12,000 link stack? Will I make it?

>>26527022
>>26526712
You are still on top 1000.

If we put all LP holders in room. It will look like this.

PROTIP: yflink

>>26526901
>>26526939
>>26526951
>>26527015
>>26527022
>>26527073
>>26527162
you know you can repley to multiple anons at once you stupid newfag?

>>26524706
is it me or is the last bits wording a little confusing?

>>26527204

>>26527204
Imagine the smell

>>26527248
Thank you. I am replying on a new thread again. This is how we did it in reddit.
>t. 6 LP holder

>>26527204
>yflink
this has been the most retarded token scam i have ever seen. I cant believe people put money into this just to get a shitty uniswap fork

>>26527162
>If we put all LP holders in room. It will look like this.
>>26527340
>Imagine the smell

>>26525623
i dont have 1mil yet. almost

>>26527248
>you know you can repley to multiple anons at once you stupid newfag?
You know that there are more than 1 anon with yellow ID retard? You’re talking to multiple people

What is yflink? Sounds like the shadowfork meme

>>26527409

>>26527534
>You know that there are more than 1 anon with yellow ID retard?
you cant be this stupid. Do a little detective work and look at the id's i responded too.

>What is yflink?

oh wait, another newfag

>>26527366
>This is how we did it in reddit.

>>26527760
can you pls start schizo posting again

>>26527366
If you like Pina Coladas, and getting caught in the rain. If you're not into yoga, if you have half a brain
If you like making love at midnight, in the dunes of the cape, I'm the love that you've looked for, write to me, and escape.

>>26521894
>can't believe this, ONLY 186 people in the world participated in the ICO
>mfw
>>26525623
>I just check some linkpool holders who participated in ICO mostly have more than +$1mil totally

Sorry not buying after a 300x pump. LP will dump hard when it's wrapped and put on exchanges.

>>26527794
>can you pls start schizo posting again
I would but it's illegal to do that now
My shitposting license expired after summer 2019

>>26527936
>Sorry not buying after a 300x pump. LP will dump hard when it's wrapped and put on exchanges.

>>26525623
:)
I'm not selling though

>>26527965
there are plnety new fags on for the new cycle. To stop your red pill shilling is a wasted opportunity

>>26528100
>there are plnety new fags on for the new cycle
s'true

>>26528100
>To stop your red pill shilling is a wasted opportunity
I stick around, bumping a linkpool thread is good for newfags to see
also recently aped into BAO, have another ETH I'm looking to buy when it dips more

>>26524706

Doesn't this mean there will be a huge supply shortage because hardly any LP will be on exchanges ---> moon?

>>26524706
>exchange holders won't get payouts
based

>>26528260
lol a little bit of money corrupts a lot i see. You really didnt pay attention to what you where reading i see

>>26527701
>Do a little detective work and look at the id's i responded too.
There are two IDs mostly talking to each other you autistic fuck.

I’m not a newfag. I bought LP ICO actually. I just haven’t paid any attention to Defi and especially not shadowfork link tokens.

Why are you so aggressive? Have a beer...

>>26528340
Price is irrelevant. But since LP is producing yields and will be compatible with other DeFi platform, nobody will be selling it on the exchanges even if they list it.

>>26528340
Hardly any is for sale now so I don’t really see how it will be any different to now

>>26528480
>since LP is producing yields and will be compatible with other DeFi platform, nobody will be selling it on the exchanges even if they list it.
Because they will put it on AAVE or other defi platforms? But then it won’t generate link rewards? I guess it’s just speculation now but if I have to do anything more complex than access the Linkpool dApp I’m going to be annoyed and honestly a bit scared I will lose my LP in some sort of scam or mistake. The main reason I bought into the crowdsale was ease of use and no technical understanding required

>>26528424
>lol a little bit of money corrupts a lot i see.
BAO is going to be the synthetix for uniswap/sushi
besides my wife has been egging me on to buy some since she said the logo is "cute"

>>26528424
>You really didnt pay attention to what you where reading i see
we're all here to make money and shitpost with friends
hence the linkpool thread
was also shilling the polkadot private sale last summer when it was $1.25
was called a shill back then too

>>26528445
kek you're right.

>>26528737
>we're all here to make money and shitpost with friends
your will is broken finally

>>26528691
You should read what jonny said again.

>>26528867
>your will is broken finally

>>26529114
Kek

>>26511475
The staking limits will be based on old money. They're starting with 200 - 800 per LP then ramping it up over 6 months when they know theres no catastrophic failures in the code

>>26529099
He didn’t explain with good grammar so it doesn’t make sense

>>26530204
It makes plenty sense, you're just too lazy to try and understand how it works.

Bump

>>26530384
Why are you so aggressive? Relax, Jesus. Why are there so many buttmad anons these days... when link was still $0.60 anons used to explain stuff to others who didn’t understand plenty. I did it for some and others did it for me. I understand not spoonfeeding newfags but literally every LP holder is an early link buyer

>>26530384
>>26531309
Also it’s bizarre that you’d expend time and energy JUST to tell me I don’t understand. Like, yeah? I know? That’s why I was asking questions? Duh?

>>26531385
>>26531309
FUCK OFF FAGGOT, THIS IS 4CHAN

>>26521969
Nobody is selling? Kek look at the order omg. Looks like everyone leaves the boat kek

>>26531309
>>26531385
mega faggot

as soon as competitors pop up linkpool is gonna tank HARD.

>>26511111
Chk

>>26531309
Lol stay mad. I hope you sell low

>>26528691
>But then it won’t generate link rewards?
it won't generate rewards if you hold it on an exchange wallet
you will actively have to stake it (either on the linkpool platform or another platform) to collect the earnings

>>26519490
Tfw when put in 1500 and it’s over 500k now because I was too brainlet to figure out their dex and meta mask until 2019

>>26532317
Linkpool is much more than just any pool, they are providing the underlying framework for platforms to create staking pools. Linkpool holders will get a part of the profit from all of these other pools

OG 65k linker, at the end of the day im pissed i didnt get my LPs dumb move. But also at the end of the day what this shows me is the massive fomo that will be for linkies when staking comes out and when people realize what they are missing out on. This is the harbinger for what is going to happen with link. Just hope the team doesnt fuck it up and someone is coming out imminently

>>26532953
if this is true LP holders will be making millions every year. hard for me to imagine desu

>>26531659
>>26532142

As hilarious as he is, he along with the other 185 absolutely dominate you for buying the LP ico. Absolutely dominate.

>>26533023
https://medium.com/linkpool/creating-trustless-pools-and-staking-for-all-266451277e3f

>>26533034
he may be my senpai, but senpai can still suck my ass too.

>>26532964
same here. 52k OG marine here, I was traveling the world when the ICO happened and never bothered to properly research LP until now. Are you planning on getting LP?

and can someone please explain the origin of the Jonny horse rimming meme?

>>26533379
no way too much now, better to just buy more link with 100k desu. Im just annoyed bc i would have bought like 10 of them i had the $. Anyway, I think there will be other ways just a little later. To me though the big thing is the validation of what the fomo can be like bc i saw it in myself, im was fomo'ing hard this weekend when i realized what i missed out on. Im an overachieving fuck so i know other overachievers will be fomo'ing hard once they realize what they are missing out on in Link but we need to team to drop some shit, hoping that happens in Feb

>>26533485
Its not a meme. Johnny likes rimming horses. There are pics.

>>26509805
Kek. BS.

It costs 90 ETH for .04 of this token.. what the fuck?

>>26534005

>>26533503
what gets me though is the prospect of staking early when link payouts will be significantly bigger (in terms of link) than for other services later on (when the link price appreciates). I think I'll get 0.04 LP in the coming days just so I don't sudoku in case this shit actually flies
>>26533531
I was genuinely just searching the internet for pics of an individual named Jonny Huxtable who puts his tongue inside the anus of a horse. couldn't find any

>>26534005
>It costs 90 ETH for .04 of this token..
the price listed on the DEX is the price PER 1.00 linkpool shares
90 ETH for 1 LP share = 3.6 ETH for 0.04 LP shares

>>26534005
It’s def a scam or it shows how crazy link could be

no amount of shilling will stop the erc 20 dump
90% correction should be doable

>>26534089
Why is this? Why so much more right now?

>>26509805
>on purpose hides % and never mentions it, just some magcal stonks P/E
>130k - 100%
>4k - x%
=3.076%/YEAR ON 130K TOP KEK

AHAHAHAHAHAHAHAHAH

>>26534336
I paid 8k for my share retard

>>26534261
as I understand it, staking rewards will be priced in USD terms. so in the beginning you'll get more link per request on average than later on when the link price appreciates. so I feel like staking early is actually important if we truly want to make it

>>26534465
Don't steer a fact from the truth. It's about gain per year, not at what price you acquired.
3% is shit low for just doing nothing

>>26526592
>I make 4.5% APY with nexo.
>And i don't have to worry about getting rugged...
oh no no no

>>26534650
wait stink pool pays 3%
XEXEXEXEXEXEXEXEXEXEXEXEXEXE

>>26534494
>so in the beginning you'll get more link per request on average than later on when the link price appreciates. so I feel like staking early is actually important if we truly want to make it
someone's starting to get it
lots of people don't understand the dynamics and will only realize when it's too late

>>26534650
Class are going to go up by 10x when link feeds move to L2. Latency is already way higher than optimal right now but gas fees are restricting the whole network. Synthetix needs the latency reduced by A LOT. When l2 happens it greatly reduces sell pressure on Link because node expenses will be reduced by 99%. Then LP will be ported into an ERC20 with accompanying coingecko/uni listings and price will likely 20x at minimum.

I bought the crowdsale and have been FUDDING since then lol. Never gonna sell but this shit is about to blow up for real

>>26534650
Its very early, apy has 20xed already and their main services arent even online. Kys.

too late to get in?

>>26535345
Unfortunately yes. You will never be a linkpool chad

>>26535427
noooooooo, reeeeeeeeeeeeeeeee

>>26524706
Still have no idea what he's talking about
I'll just keep my LP in my wallet