link price calc thread - math autists welcome

[Anonymous No.12912308]

We know the token will be pegged to usd for node payments.
How is this going to affect the token price in the long run?
Do we know what'll be the max limit to be stacked in nodes as collateral? And how does the 18 decimals play out in all of this?
t. brainlet

[Anonymous No.12912344]

>>12912308
Dude didn't you guys used to criticize stocks for giving boomer gains yet LINK's pirce is fucking stagnant. I've been making more money from investing in biotech than I have from LINK and I've held LINK for almost a year

[Anonymous No.12912402]

Where does the "staked" LINK come from? How can there be enough for everyone once the ecosystem is flourishing? 18 decimals, yes, but someone needs to be willing to pay 1000$ for 1 LINK to meet the expectations.

[Anonymous No.12912451]

>>12912402
do you know where to find more info about the economics of this token?

[Anonymous No.12912507]

price of a cup of coffee

[Anonymous No.12912516]

>>12912507
$10, ok

[Anonymous No.12912531]

The fact that there is no pump or hype the day before their biggest demo yet tells the status of this project.

[Anonymous No.12912590]

>>12912402
18 decimals, so you can buy 0,000000000000000001 tokens instead of 1

[Anonymous No.12912605]

>>12912402
or buy 0.001 Link for 1 buck.

[Anonymous No.12912628]

>>12912507
yup, just cntrl+F'd the whitepaper.
SIX RESULTS. i cant believe this.

[Anonymous No.12912652]

>>12912308
Think about it. Nodes will compete against each other to service a smart contract. You neets will drive down the price per node since you’ll be willing to sell the service cheaper and earn your “rewards”.

The network of neets is too large to form a cartel and control a set of high prices. Enjoy your bags newfag

[Anonymous No.12912743]

>>12912652
>50k nodes is enough to saturate the oracle market

Cmon, man, the number of different datum the whole smart contract economy will need is probably an order of magnitude more than the number of neets linkposting on /biz/

>>12912308
>max staking
Haven't heard that there will be a max, but I'm sure there will be a point of diminishing returns. Just like price predictions, guesses at that number are completely arbitrary, so i won't try.

>18 decimals
I think this is how they'll keep the token at a relatable dollar value. If you look at the original smart contract for the ICO, you'll notice the number of tokens created is a 1 with 27 zeroes behind it. That jives with a billion link tokens (10^9) each divisible to 18 decimal places (10^18). I think this gives the team a method of "splitting" the tokens to adjust the price and keep it reasonable. Rather than have someone spend $1k on one token and pay .000214 tokens for a 21 cent oracle service, they'll release an update to the network (that node operators will have to choose to adopt, but why wouldn't they?) wherein the total number of link tokens gets multiplied by 1000, but each one is now only divisible by 10^15, making that $1k token now worth $1, but your stack increased by a factor of 1000

[Anonymous No.12912806]

>>12912743
Forgot pic

[Anonymous No.12913121]

>>12912308
I've ran through numerous scenarios and calculations as I've had nothing to do with my life related to LINK but wait. Ill explain my calculations that I have written up on a spreadsheet.

lets take a look at the target market: 1.2 quadrillion derivative market. There are other areas were chainlink can help tremendously like insurance and law, but for sake of ease and with the assumption that new tech always follows the money, lets only look at the derivative market.

Now, lets imagine chainlink is used in projects, and in (5?) years these projects combined are able to capture 5% of the derivative market which is very conservative considering Bitcoin, a tech which only purpose is to serve as direct monetary transaction, was able to hit 26% of the global derivative market at its peak marketcap of 316,000,000,000.

With the assumption of capturing 5% of the derivative market in 5 years, lets look at the total supply of the token: 1,000,000,000 with 350,000,000 currently circulating. The fact that the token was created with 27 zeros for a method of splitting the tokens like this anon suggested >>12912743 will be ignored in this analysis for simplicity sake.
Lets take 5% and plug it into the value of the derivative market at 1,200,000,000,000 and divide the number by the amount of tokens at 1,000,000,000. Whats interesting is that you arrive at a number that both gives a reasonable price and timeline for it, so my prediction is:

$1000 by the end of year.

[Anonymous No.12913911]

>>12913121
>sergey still holds 650million tokens
>sergey will ever be worth $650billion dollars
You only get to pick one.

[Anonymous No.12913974]

>>12912806

that number is the total supply taking the 18 digits into consideration. count eighteen decimal places from the end to the beginning and you'll have one billion.

[Anonymous No.12914133]

>>12913911
hey its the same terrible fud from the other thread

[Anonymous No.12914150]

>>12914133
Prove him wrong.

[Anonymous No.12914163]

>>12913911
It's not Sergey, its the company
never seen a company worth 650 billion?

[Anonymous No.12914196]

>>12914163
>Sergey's 2 man company in the Cayman islands will be worth $650billion dollars for making an eth utility token that solves zero problems better than existing off the shelf solutions.

[Anonymous No.12914207]

>>12914196
>Sergey's 2 man company
wrong
>solves zero problems
wrong
>existing off the shelf solutions
such as?

[Anonymous No.12914208]

>>12912308
LINK will never go over $1, that's literally by design.

[Anonymous No.12914218]

>>12912308
Insider here chainlink will have parity with a cup of coffee. It's in the original white paper from before sibos. After sibos the team edited the white paper and removed all reference to price. They also banned price discussion in the telegram. Only recently have they allowed price discussion in the telegram.
Why you ask? Why change tactics? Well the big boys have begun to buy Sergey's OTC supply directly from link. The idea is to have the big boys have two thirds of the supply while neets and other bottom feeders fight over the scraps.
You neets are happy scrapping the shit because you've never seen a miracle. Sergey's miracle is a new vision for the world: a stable coin at parity with the world's foremost commodity... Coffee in cups.

[Anonymous No.12914819]

>>12912743
you think this is what theyre planning with that 'fork' epic on the pivotal? seems highly plausable with the way you put it there

[Anonymous No.12914863]

>>12914819

[Anonymous No.12914920]

>>12912344
>>12913911
>>12914196
Why this is true, is only interesting here. >>12912743
Banks, like the River.
Chainlink is every creek, lake, pond, crik, and run to the fountain.
Mountains, and Valleys.

[Anonymous No.12914926]

What time is sergay speaking? Says 4:30pm on ethcc site. Is that Paris time?

[Anonymous No.12914979]

>>12914926
Also is it gonna be on YouTube?

[Anonymous No.12915426]

>>12912402
You are stupid
If if 1 Link = 1000$
0.01*10^-16 Link = 0.01*10^-13 USD
that's right
Any usd amount of link can be transacted in intervals of 0.0000000000001$ USD
Even if Link is 1000$ per 1 Link Token

Honestly just forget it it's a shit scam coin
Blue cube bad

[Anonymous No.12916061]

>>12915426
Are you seriously investing real money? Like, is this more than just academic to you? Because if that's the complexity of your analysis, then please don't put your hard earned money into crypto