/biz/ - Business & Finance

Just sold 100k

>>9420671
Do you expect common sense to apply to linkies?

Tonight

>>9420671
This same fact existed for coins with a 21MM total supply...until it no longer did.

>>9420671
ChainLink is a scam. It's copying a similar project which was created years ago that no one ever used because decentralized oracles are useless in practice:
https://github.com/orisi/orisi

>>9420671
ETH will soon have a supply of over 100m and it's worth $700 ;)))

But what about a coin with over 900m supply? Checkmate, brainlet

>>9420706
even if you were counting on a whole market revolution to make your gains chain link still isnt an optimal choice

if the market x10 chain link would be lucky to 3x

>>9420716
so x10 less supply than chainlink...

>>9420769
so I refuted your dumb meme pic...

>>9420836
no because ethereum doesnt have more than 100m supply and even if it did chainlink still has 10x the supply of ethereum and 10x shitter product

the fact you even used ethereum as a reference point shows just how delusional the average stinkie is

>>9420876
The circulating supply of link will eventually be under 100mil because the rest will nodes. You could arguably say the circulating supply will never be higher than 350mil.

>>9420930
coins locked in nodes dont disappear from circulating supply you silly little man

>>9420753
Well done on making a baseless claim about the future in an entirely new market. I could say the opposite and it’d have equal validity.

Someone saw the overnight accumulation and is too poor to get more Fiat in?

>>9420953
Yes they do. Because they are no longer circulating. It’s a literal definition by name...

>>9420953
Can you imagine being this retarded

>>9420953
Are you a boar with a keyboard? Some kind of Montanna woodlands critter shitposting to humans?

>>9420974
>>9420976

lol they literally dont. you dont even have a basic understanding about how the price of these coins you are trading are determined...

i knew linkies were delusional but wow, this is something else entirely

>>9420953
CMC may tell you there are a billion tokens circulating...but if 900,000,000 are staked in nodes...do you think anyone is going to sell a token based on a simple division equation based on market cap?

>>9420974
>>9420976
It is also a bit naive to think that link being used as payment will not remain semi liquid on the marketplace(operators will have to sell link to get paid)

>>9421004
>don't worry guys Sergey is going to secure 450mil in venture capital to sell all the link...
>Or he will just GIVE it away... Or at a big discount...
Wow, BULLISH. Linkies really thought this through. Best HODL in crypto

>>9421004

Ok, just sold 100k

/thread

>>9421056
the fact you even owned them in the first place is teetering on proof that you will never ever make it

>>9420876
>no because ethereum doesnt have more than 100m supply
But it will have it in a few weeks once they're mined and the total supply like your pic says is technically still infinite in the case of Ethereum ;)))

>>9421028
Please provide the source where it says they'll be selling or giving away LINK?

Haven't kept up with the project lately cause of life stuff, but I bought a fat stack of LINK during presale last September. We rose from 9 cents to 50 cents in the span of a month, and then hovered around 40 cents for a good amount of time. BTC was 4500ish or thereabouts

it's been 7 fucking months and the price is exactly the same. Periodically I check /biz/ and see the obligatory, "Tonight!" threads, or just general charting threads. Why? What the fuck are you celebrating. With the exception of the temporary bubble, this shit has been trading in the same channel for nearly a goddamn year.

And what the fuck do we have? Still no medium updates. No marketing director as promised. All of the Assblaster posts have been proven LARPs. None of the secret developments all of these Sherlock holmes autists post about have come to fruition. Not one.

Woo we get ropsten next month. You just know there will be bugs and all sorts of complications. And what about adoption? No word from SWIFT. No word from anybody. *maybe* JNT will LOOK at it. Fucking docusign? Really? Yet some of you idiots still cling to the delusion that mainnet will go live and all of these banks will be diving right in. Bull fucking shit.

and it's not even as if LINK is the chosen one anymore. Oracles are popping up left and right. This team is severely outclassed.

How fucking long are we supposed to hold for? Most of us are in our 20s. You get what, maybe 15 years more of prime living? And we've already pissed damn near 10% of that away, waiting for absolutely nothing. Jesus fucking christ.

>>9421082
>But it will have it in a few weeks once they're mined and the total supply like your pic says is technically still infinite in the case of Ethereum ;)))

>>9421099
>the linkies neurons begin to fire

>>9421070
Here’s another (You) for you...you seem needy

>>9421102
No arguments, sweetie? ;)
Aww, you gave up so quickly.

>>9421143
>he wants me to argue against his delusional theory that not only is link the next ethereum
>but its the next ethereum while having 10x the total supply

hahahahahahhahaha

>>9421153
Nice strawman, sweetie ;)
I never compared the projects, we're merely discussing supply of 2 different coins.

>>9421177

>>9421153
Once POW rolls out for Ethereum it's total supply will be billions.
You are a retard and should kill yourself, because you will stay poor.

>>9421673
so basically you're argument is that once ethereum destroys its own price with inflation chainlink will no longer be a shitcoin because linkshit was inflated and worthless from the start?

lol great logic

>circ supply: 350 mil
>tot supply: 1 bil
any stinkies mind explaining to a brainlet where the rest of linkies are (650 mil)?

>>9422412
The devs have them.
Yes, really.
No, they arent locked.
Yes they can dump the whole lot tomorrow.
Any other questions?

Software engineer here.

Based on my experience, based on the deliverables so far and the milestones to achieve for a successful mainnet, it seems like they will need at least 6 months more for testnet only. This includes code review, regression tests, performance tests, interoperability tests, box tests, attack vector tests etc. After that, they need at least 6-12 months to deliver the main net with full features as mentioned in the whitepaper. This is an very optimistic estimate given their recent achievements as shown in the pivotal tracker. In the worst case we are looking 2019 EOY for the mainnet release with full features like reputation system, consensus, staking, TEE support etc.

LINK is super long HOLD. If someone here is for get rich quick then they need to sell their bag for hype coins like IOTA, Vechain, Tron, AMB etc.

Slow and steady wins the race. And patience is the greatest virtue.

>>9420687
Strap

>>9422504
at least you're realistic

its refreshing seeing a linkie with basic levels of intelligence

I admit it seems crazy, but if one high supply coin can do it, it's LINK.

Don't stop believin'.
Hold on to that feelin'.

>>9422504
what if i say that sergey owns 650,000,000 unlocked linkies and he will dump at you on the next bullrun?

>>9422504
Nice FUD. Mainnet this year.

>>9420674
This is beautiful.

>>9421099
>Haven't kept up with the project lately
>proceeds to fud based on what he knows which is nothing
you're too dumb to hold link

>>9420711
I like this one. Im gonna extend it a bit and post it some more.

>>9420671

I know people meme $1000.

But everyone knows if LINK hits just $100 that's a MOTHERFUCKING 200x.

>>9420671
Hello, DXatZSmm, your poster ID doesn't show in our shill platform, please confirm your identity by logging in to your account and approving this post.
You will not be paid for this shill post until you approve this account.
Thank you.
-webdev@shillink.cc
link shill payments

>>9423601
it's actually x1000 from ico price

>>9422717
>Falling for the pasta

>>9421714
>you're argument
You know those brainlet wojaks do fit you.

>>9421070
Been rebalancing my portfolio on swings since January to be a higher and higher percentage of LINK and dropping shitcoins left and right... Im almost back to my ath and I'm now 98% Link. And btc is still less than 50%. Ur a literal ritard

>>9420671
literally ethereum

>>9421673
>Once POW rolls out

Don't you mean POS?

>>9422504
Hey dont you dare to copy Assblaster comments from yesterday.

>>9420876
wtf I hate oracles now

>>9420876
So we can expect 1/10 the price of eth for link huh? $70 is pretty good, I could buy a house and a 100k car and still keep half