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19129890 No.19129890 [Reply] [Original]

A post the other day mentioned that the linkpool token price had risen a bit on the dex and the rate of trades had picked up. I had a look at token ownership to see if the total ownership was rising or if it was just holders accumulating.
See pic related : current token owners stands at 585, an increase of 31 owners since the last distribution on 10th May when the total owners was 554.
This jump caught my attention, as the previous highest jump in ownership that I could see was +25 between jun 30 and jul 14 (bottom corner of image). Other than that over the last year token ownership normally steadily increases by around +10 owners every 2 weeks. This current jump of +31 has occurred already after only one week. Is there anyone here who watches the project closely able to explain why this jump is happening?

>> No.19129908

>>19129890
some latin youtuber shilled LP on one of his videos

>> No.19130074

>>19129890
Is it a good time to sell now? I have 3LP.
I need to fix my car.

>> No.19130393

>>19129908
Yeah this happened. The video only has like 10k views, but this little bit of outreach was enough to pump the price by 30%.
Once staking goes live LP will trade in the hundreds of ETH. 0.2 LP is a make-it-stack.

>> No.19130519

>>19130393
>Once staking goes live LP will trade in the hundreds of ETH
Really not so sure about this, why would it? that would make one LP share worth tens of thousands of Dollarinos.

>> No.19130757

>>19130519
LP shares will have crazy returns respective to their current price. LP will:
Stake tens of millions of Link in hundreds of nodes,
Stake hundreds of thousands of ETH,
earn from additional income streams such as NaaS or the market.link fees,
offer priority staking to LP holders for the first year or so (this is just the cherry on top)

Imagine an asset with 40% average annual returns. It won't stay there. The market reacts to such imbalances and will buy the asset until the returns reach a more reasonable level. (maybe ~5%).
LP's market cap is only 0.6% of Chainlink. Its a no-brainer.

>> No.19130763

Exit scam in progress

>> No.19130801

>>19130757
But on the other hand, holders of LP only share like 6.25% of profits? It would have to scale to a truly huge organization to create such payout.

>> No.19130940

>>19130801
25% of profits (6.25% of revenue from link nodes). 75% goes to the staker, 18.75% goes to linkpool. This is excluding any other line of income any of which may well turn out to be more popular/profitable than link staking, we just don't know enough yet to have any clear cut answers. One thing is sure and that is that IF they succeed, they will succeed in a grandiose way.

>> No.19131077

>>19129890
Yeah it normally increases by ~6 holders every 2 weeks. We're at 31 over 5 days now. WHich is bizzare.

>> No.19131173
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19131173

I like graphing stuff

>> No.19131183

>>19129890
Johnny rims horses

>> No.19131222
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19131222

>>19131173
Who here is one of the 186?

>> No.19131263

>>19131222
reporting in. and not one of those 0.04 Linkpoolets

>> No.19131279

>>19131222
Me :)

>> No.19131367

>>19131263
>>19131279
Are you guys American? I really want LP but I'm a burger and don't want to get fucked for holding

>> No.19131400

>>19131367
just buy it. you'll just never be able to pay taxes on the returns.

>> No.19132173

>>19131263
what's a respectable LP stack?

>> No.19132209

>>19130074
Let me give you an advice, do not sell LP before staking arrives or you will gonna regret it so hard

>> No.19132350

>>19130801
>>19130940
Careful there. It's revenue / 4000 * your LP tokens.

That's it. The 25% and 6.25% figures are a misunderstanding caused by one of the first Linkpool Medium posts in which they considered the "total staked LINK" as revenue, when in fact the 100% of the revenue of the staking pool is exactly that 25% fee. There is no 6.25%. It's 100% of revenue / 4000 * your LP tokens

>> No.19132398

>>19132173
1

>> No.19133360

>>19132398
how much do you have?

the sell orders are thin on the dex, its going from 0.36lp @ 44.9eth to 0.12lp @ 75eth in 8 orders

>> No.19134288

>>19133360
I have 3 LP and I intend to hold all till staking is announced. Then I might sell 1 but keep the rest.

>> No.19134422

>>19132350
You're talking nonsense.

>> No.19134496

>>19130757
this is only bullish for chainlink

>> No.19135228
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19135228

>>19129890
>>19130393
>>19130801
ONCE MORE FROM THE TOP. A few interesting points you might not know about Linkpool, and why you shouldn't fall for this manufactured pump.
1. Jonny rims horses
2. Expectation of profits from the effort of others - aka the very definition of an unregistered security. Oh and they built their own exchange to facilitate it being sold to non KYCed people, so expect the SEC to become VERY interested
3. 1 linkpool token (current value about $10k lel) will let you stake about 12 link.
4. There will be other pools to stake in at launch, so there is no first mover advantage, and they don't have a ridiculous security token that just limits access
5. The 75% of tokens not sold during their crowdsale are not locked, and they have said they will sell them to raise capital if needed. You will be dumped on
6. HOLY FUCK THERE ARE 6! Staking is probably literally years away, so you're in for the long haul. Audits, then testnet, then maybe eventually something, during which theother pools will appear
7. Their function of allowing other nodes to use their contracts to run their own staking pools, that Linkpool only gets a tiny cut from, actually will further eat their potential use case
8. Only one illiquid dex to buy and sell from, designed by the team that holds 75% of the tokens hmm
9. I'm bored now but there are probably more

>> No.19135246

>>19131222
>>>19131173
>Who here is one of the 186?
Good evening sir