Increase in LinkPool buys

[Anonymous No.17607621]

Anyone else notice the massive increase in LinkPool dex activity lately?

Just yesterday there were 4 different buys for over 10 ETH each
Then today the entire trade history is filled with orders from March 6th

The activity of trading LP has increased dramatically, and the price of LP is slowly edging upwards
Is this insider knowledge about staking?

[Anonymous No.17607638]

>>17607621
how many to make it

[Anonymous No.17607654]

>>17607621
soon

[Anonymous No.17607704]

Example: theres this wallet https://etherscan.io/address/0x60e7cb73b6bb7506cffd803e60fcec5f7275af0c#tokentxns

that bought almost 30 ETH worth of LP 3 days ago, and is now getting over 16 LINK per LP distribution
For reference, at my measly 0.04 LP i got 0.0228 last distribution

That means this guy who just bought 27 ETH worth of LP now has 28.68 LP
Or the equivalent of 975 ETH worth of LP

Thats quite literally $231,000 worth of LinkPool
And he keeps buying more.

[Anonymous No.17607782]

>>17607704
Based autist

[Anonymous No.17607785]

brainlet here, how do I stake LINK

[Anonymous No.17607793]

I have 1.4 LP and im an American. Never selling.

[42 No.17607855]

>>17607621
feels good to be an ICO buyer
I did buy some linkpool shares for a few friends and my waifu as well

[Anonymous No.17607860]

>>17607704
those who know haven't sold a single one
it will outperform eth at the very least
at ~13m effective market cap (1000 shares in circulation), it has a long way to go

t.1 of 186

[Anonymous No.17607861]

>>17607621
Yes, it appears no other node operators plans on offering staking to the public. And why would they? This would only dilute their profits with plebs.
If you want to stake, Linkpool will be your only options at least for the first months

[42 No.17607874]

>>17607861
>If you want to stake, Linkpool will be your only options at least for the first months
lol it's going to be funny to see everyone rushing in to buy shares when they realize

[Anonymous No.17607879]

>>17607855
Because you won’t be able to sell

[42 No.17607899]

>>17607879
>Because you won’t be able to sell
implying

[Anonymous No.17607925]

>>17607793
Reported to the sec, have fun brainlet

[Anonymous No.17607958]

I dunno if anyone saw it...but possibly wagyu Anon made a thread a few days ago and was gonna post some breadcrumbs related to staking but then never replied after a bunch of newfags swarmed his post...

Seems like interesting timing...

[Anonymous No.17608072]

>>17607874
Yes, and theres only what, 500 holders right now? Total supply of 4000, circulating supply 1000.
I unironically expect 1 share to go for a million usd in a few years.

[Anonymous No.17608079]

>>17607958
Can you find the warosu?

[Anonymous No.17608399]

Ì just wonder who buys whole LP shares. They are trading for what? $7000 per share? And the service hasn't even launched yet.

Either they will really pop till launch or tumble hard.

[Anonymous No.17608465]

>>17607958
>>17607704
Have you thoroughly read the latest RealT Medium article? David Hoffman clearly talks about LINK staking and its high value contracts asking for a high staking in nodes willing to serve real state data.

Pooled nodes are the answer to serve these high value job requests. Check it out, RealT v2 can't exist without staking... It's coming

[Anonymous No.17608473]

I'd rather run my own node thanks

[Anonymous No.17608478]

>>17607621
I almost bought some, but I think it's overpriced compared to the potential revenue. I think buying more LINK is a better deal.

[Anonymous No.17608582]

>>17608478
this is something i struggled with ever since LinkPool ICO

i settled on buying 0.04 (the minimum amount you can buy) because i was told that LP owners will get early access to staking in LP nodes when staking goes live
maybe im an idiot and more LINK would be better but at this point 0.04 LP is like $300, which is absolute pennies compared to my LINK stack

[Anonymous No.17608592]

>>17607874
Honestly im letting my LINKies accumulate for awhile, i prob won’t stake for the first half year to start seeing the data and the risk of the node operators.

[Anonymous No.17608623]

>>17608592
staked link are guaranteed on linkpool

[Anonymous No.17608647]

>>17608623
O.O where can you even buy it, if possible. Might be too late for me and ill have to go somewhere else.

[Anonymous No.17608706]

>>17608623
I simply don't think $10k of LP will be more valuable than $10k of LINK after $1000 EOY.

[Anonymous No.17608715]

>>17608647
https://staking.linkpool.io/dex

The price has been fluctuating around 30 ETH/LP share for some time, so it seems like a relatively safe bet, if expensive.

[Anonymous No.17608868]

>>17607621
linkpool is a scam that steals all your linkies, which is also a scam

[Anonymous No.17608909]

>>17608715
Nope can’t even buy it as a U.S citizen.

[42 No.17608917]

>>17608072
they will eventually have to split the shares to account for the decimals
probably 0.04LP shares will become 1.0LP shares in the future
regardless, it will be glorious. Thank you to all the Linkpool team, very professional and skilled.

[Anonymous No.17608952]

>>17608909
noVPNers BTFO

[Anonymous No.17609004]

>still no link/usd feed

[Anonymous No.17609192]

>>17608917
Why would they would need to do that? seems like its working just fine

[Anonymous No.17609325]

>>17608909
It's not /that/ hard to use a VPN.

[Anonymous No.17609393]

>>17608072
>LP will have a 4 billion dollar market cap

[Anonymous No.17609411]

>>17608079
>>17576399

[Anonymous No.17609416]

>>17608917
They won't. The reason the split is where it is now is because of gas costs for distribution. They picked 0.04 as the best midpoint between fine-grained share splits and lower cost for distribution.

[Anonymous No.17609429]

>>17609325
I spent all my moolah on link if it still cheap by next year ill get a share or .5 with my bonus.

[Anonymous No.17609467]

>>17609416
That was a problem last year, but distribution gas costs are way lower now. Also, we are currently talking about 500 wallets holding LP - how would gas costs be a problem if it were 5000?

[Anonymous No.17609973]

Thanks for filling my buy orders just now fagget

[Anonymous No.17610050]

>>17607704
Also been watching this wallet. He seems to be market making the dex. Always having orders on both sides.
Currently he is selling at 34 and rebuying at 30.

[Anonymous No.17610199]

>>17607621
ok real talk anons give me the scoop on this: how legit are these guys and what's the chance they run away with the money or their whole operation goes tits up before staking is implemented?
I've got like 3k linkies and last I checked I'd have to basically sell them all to get 1 LP share but I'm tempted for sure

[Anonymous No.17610233]

>>17610199
When you buy LINK you are buying an asset class. When you buy LinkPool you are buying stock in an individual company.

[Anonymous No.17610289]

>>17610199
>what's the chance they run away with the money or their whole operation goes tits up before staking is implemented?
Basically 0. Jonny, the founder, is a member of the Chainlink dev team and his node get paid directly out of Sergey's pockets.
I don't see a scenario where Link succeeds and Linkpool doesn't. The only real downside is if there are dozens of large staking pools (Binance, Coinbase and so on) who will all compete for their user's Link.
But come on, Linkpool's total cap is like 0.5% of Chainlink's cap. Do people really believe that Linkpool will only manage 0.5% of all network traffic?
Its going to be more like 5%, in which case the shares are crazy undervalued right now.
Let me say that again, if LP had 5% of Chainlink's cap then 1 share would trade for 300 ETH.

[Anonymous No.17610358]

>>17607621
No because it's bullshit and just a bunch of shitty terraform templates a monkey could write /thread

[Anonymous No.17610372]

>>17610289
There are already 20-something nodes. Furthermore, we should expect mainstream data providers (stock exchanges, news agencies, weather agencies, title companies, insurance companies, etc) to run their own nodes.

[Anonymous No.17610396]

>>17610372
>Furthermore, we should expect mainstream data providers (stock exchanges, news agencies, weather agencies, title companies, insurance companies, etc) to run their own nodes.
while we're on the topic of this

can someone explain to me why a company wouldnt just run their own node with 0 LINK staked
if I am $BigCompany and i need a LINK node to feed some data into my smart contract, whats stopping me from running a LINK node with 0 LINK staked, and then using my own node that I trust to provide accurate data (because i control it)

doesn't this effectively bypass all need for staking?

[Anonymous No.17610434]

>>17610199
Also, no need to buy 1 LP, just buy the minimum share 0,04 and you will be fine.

[Anonymous No.17610544]

>>17610372
The 20 nodes don't matter at all without collaterals.
What matters are the hundreds of millions of Link that will act as node collateral later. Where will they stake? A large portion will go to Linkpool.

[Anonymous No.17610545]

>>17610396
Many of them probably will.

[Anonymous No.17610565]

>>17610396
Ok, guess we need to get into the basics of Link:
The main use case of the Link token is for node collateral. Imagine a future world where smart contracts get fed data from nodes without collateral (and get paid for that data).
What would happen? Well, everyone would set up as many nodes as they can and try to fill as many data requests as possible without even caring if their data is correct or not.
This wouldn't work, there needs to be a way to punish nodes for delivering wrong data (wrong = against consensus). So if your node sends a price data of $300 per ETH, while the network censensus of the other nodes says its $200, your node will get punished and lose some of your collateral Link.

[Anonymous No.17610570]

>>17610434
yeah but there's really no point to that apart from earlier steaking

[Anonymous No.17610608]

>>17610358
you ape. you've had two years to write your own templates that are so easy. why haven't you made your own company instantly worth millions ape?

[Anonymous No.17610623]

>>17608399
I sold a big bag of eng moments before their fiasco and picked up another full LP and 1k linkies. felt good. real good.

[Anonymous No.17610631]

>>17610565
right but this doesnt exactly answer my hypothetical scenario

if a large company needs a link node for data, what exactly is stopping them from setting up a link node on their own, staking 0 LINK, and then exclusively using their own node to feed their own smart contract

it would be redundant for them to stake LINK in a node that they control, because they can make sure that the node is acting honestly, as it is their own node
there is 0 reason for them to stake LINK on their own node that they use for their own smart contracts

[Anonymous No.17610636]

>>17607621
>>17607621
the fundamental problem with you assessment is thinking these were 'buys'.
the trading book and history is backwards on linkpool dex

[Anonymous No.17610643]

>>17610570
Based brainlet

[Anonymous No.17610644]

>>17610396
you can do this now without chainlink, but it's not really decentralized is it nufag

[Anonymous No.17610668]

>>17610631
youre right, just trust the central power no one will exploit this.

[Anonymous No.17610676]

>>17610631
They don't need to make smart contracts with themselves. Smart contracts are for 2 parties that don't want to risk one or both trying to weasel out of the deal.

[Anonymous No.17610698]

>>17610631
using their own node to feed their own smart contract
That is what we call centralized and they shouldn't even use smart contracts then.
If any company markets such a setup as "we use blockchain, look at us" then its just shady as fuck and should be avoided.

[Anonymous No.17610745]

>>17610396
nobody is going to do business with you if the smart contract you offer only designates a single node that you, the counterparty, controls. especially a node without anything at STAKE kek

[Anonymous No.17610773]

>>17610396
go back faggot

[Anonymous No.17610776]

>>17610676
i guess this response is an actual answer to my question

this of course can be refuted by a number of conditions
1. Two major companies are quite certain that neither will scam the other and want to continue B2B operations, but via smart contracts. So in this scenario they trust one another (or manage the node collaboratively) enough to not stake any LINK on the node
2. A large company creates a smart contract where the "other party" is always users of that companies service. In this scenario the thousands of normies using their smart contract are probably going to trust the main company enough to manage both the smart contract and the Oracle data feeds powering that smart contract, again resulting in a need for 0 LINK staked

I guess what im getting at is that it's really only imperative that there is trustless Oracles in situations where one of two parties involved in the smart contract isn't confident they wont be scammed by the other party. Which, in B2B scenarios, is unlikely to happen because it would kill all future business relations

[Anonymous No.17610788]

>>17610776
you are lucky he even responded to you faggot. You had two years to figure this out

[Anonymous No.17610822]

>>17610788
i bought before you.

[Anonymous No.17610835]

>>17610822
kek. im not taking a screenshot just to prove you wrong.

[Anonymous No.17610890]

>>17610608
I have you orangutan
how do you think I know his templates are shit? Do you think I didn't collaborate with Jonny at the beginning, baffles my fucking mind how stupid people are with their money.
I didn't need to sell a scam token to be a node operator

[Anonymous No.17610893]

>>17610776
Lmfao what a retard
Do you know what man in the middle attacks are?

[Anonymous No.17610911]

Thank you anons for this effortposting.

I got in on the LP ICO and managed to snag a couple more 0.4 shares in the last few months. Wish I could buy more.

[Anonymous No.17610940]

>>17610893
im literally a security engineer, yes im very familiar with MITM attacks

that has absolutely nothing to do with anything im talking about right now, unless you're somehow suggesting that an Oracle managed, operated, and utilized by a single party, can somehow be compromised because of a 0 LINK stake

[Anonymous No.17611150]

I'll never get to 3LP from 1 at this rate guys. Feels very bad

[Anonymous No.17611319]

>>17608582
The amount you can stake is proportional to the lp you have. So at launch you will only be able to stake a few link with 0.04 lp

[Anonymous No.17611678]

>>17607958
>>17608465
can I stake my linkies on LP without owning any shares? and what are the chances other pool services will launch when steaking goes live?

[Anonymous No.17611705]

It's literally wash trading

[Anonymous No.17611711]

>>17611678
>can I stake my linkies on LP without owning any shares?
Not in the beginnging. After some time everyone can stake even without shares

>what are the chances other pool services will launch when steaking goes live?
Yes, there will be plenty, but also some scammy ones trying to run with your Link.

[Anonymous No.17611805]

>>17610396
As a big company. You want your data to be accurate. By using LINK properly, you can be certain the data is accurate. You cannot be certain that your own node will always be accurate (downtime, hacking, ect.)

[Anonymous No.17611837]

>>17607621
JONNY RIMS HORSES

[Anonymous No.17611857]

>>17611711
Hey Johnny

[Anonymous No.17611990]

>>17610890
> baffles my fucking mind how stupid people are with their money
> given opportunity to make easy millions, but too ethical
good call chimp. you got me.

[Anonymous No.17612093]

>>17607621
I can never understand Linkpools excahnge page. It says Eth, LP and total Eth. Is that the Eth per LP posted and how much of it was filled? How much is 1 LP right now?

[Anonymous No.17612115]

>>17612093
Nigger detected

[Anonymous No.17612203]

>>17608072
>I unironically expect 1 share to go for a million usd in a few years.

[Anonymous No.17612728]

if there is .52 LP for sale at a price of 33.95 ETH each, I have to buy the entire lot or I can just purchase .04 worth?

[Anonymous No.17612786]

>>17607793
I wish I had the balls to own this as an American. I don’t need the government destroying me.

[Anonymous No.17613844]

>>17609325
You don’t even have to use a vpn. Just got buy the shit

[Anonymous No.17613882]

>>17612728
No partial fills on the dex, you have to buy a full order. If there is no sell order that fits you, just open your own buy order.

[Anonymous No.17615619]

>>17611678
>can I stake my linkies on LP without owning any shares?
Not at first. After every lp shareholder has staked their link the pool will be open to anyone
>and what are the chances other pool services will launch when steaking goes live?
Every node in mainnet will offer staking services, they will have staking limits too though. Therefore it'll be difficult to enter one

[Anonymous No.17615669]

>>17611678
Also Linkpool is building a pool of pools. A service to turn your node into a trustless pool, so every node will be able to become a link pool. They will pay a fee to linkpool

[Anonymous No.17615760]

>>17607621
Linkpool will soon anounce to also be an ETH staking pool, distributing all earnings among LP shareholders.
All you fudders will wish to have bought at 30 ETH per share.

[Anonymous No.17616029]

>>17615760
Oh yeah baby, I can only get so erect.

Muh 3 LP shares will allow me to live a life of luxury without the wage-cucking.

[Anonymous No.17616085]

Oh look a shill thread for a project that is already dead in the water. Enjoy the pump and dump, you might trick some retards buying thisshit

[Anonymous No.17616133]

>>17607925
You Jews deserve to be flayed