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/biz/ - Business & Finance

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14175427 No.14175427 [Reply] [Original]

I just had a thought
Derivates are quoted at a quadrillion. But hypothetically couldn't the combined value of all derivates approach infinity? As it's a ton of margin trading with money that doesn't exist?
Then this infinite value needs to be represented by a finite token...
is this the motherfucking singularity? Someone explain me how we figure out the value of all derivates.

>> No.14175460

>>14175427
Yes. Your stack of 3k link will make you a multi billionaire

>> No.14175485
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14175485

>>14175427
You already made it. What happened was that you made it so fast, that your mind is unable to comprehend it. All you need to do now is wait until your mind catches up.

>> No.14175501
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14175501

>>14175427
Shhhh. Don’t worry about it. Just let daddy Sergey take care of everything.

>> No.14175505

>>14175485
Man I was in the thread where the original version of that was posted and it seems like 20 years ago, not 2

>> No.14175542
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14175542

>>14175505
I know anon. It's my OC, I made it so I could also make gif related around the time of the Sibos massacre. But somebody please answer my question, I don't understand derivatives. Is the implication that, however much fake money these schmucks wanna trade, that will force value into LINK? I don't think it makes sense since the collateral for the trade would be staked in a contract? I'm not getting something

>> No.14175633

>>14175542
i remember watching the big short and that scene with the chinese dinner, when he asked how much money can be betting on a 50 million bond, and he said 1 billion. So i mean the number you are asking for is something we cant comprehend. like you understand what 10$ is, 1000$, 100,000$, even 1,000,000$. But what is 100 million? or 10 billion? or 100 trillion? or 5 quadrillion? At these points we fail to understand what that even means. At those levels you are talking about control and influence of entire countries and billions of souls. So when you talk about link being a standard in an upcoming smart contract economy, and you can be part of this foundation, then yes. 1000$ is really fud.

>> No.14175679
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14175679

>>14175427
Illegal unregistered security fundraiser ERC vapourware shitcoin from a fat Russian guy who doesn't know anything about business or tech that's illegal for Americans to trade in.

You should probably start handing out those CVs linkie.

>> No.14175685
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14175685

>>14175633
nice 3's, so i'll just shut up and be sedated with wealth as the machines take over
got it

>> No.14175847

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>> No.14176646

>>14175427
DESU it's been more fun discussing making it then actually making it

I hope link stays 2$ forever so I can hang out with you guys forever

>> No.14176695

>>14175485
I'm the guy who wrote that and I think you're missing something at the end right? I could just be misremembering since it's been so god damn long.