/biz/ - Business & Finance

[Anonymous No.53451867]

Fuck boys the singularity is getting started. Did you all feel it? The engine is getting started if you will. We are reaching $75 within 3 months. All I want to do is be satisfied doing the absolute bare minimum in life. I want to live somewhere peaceful, raise a farmstead, and have beautiful children with a loving wife. I believe god will make this possible through Chainlink.

[Anonymous No.53451882]

>>53451867
how does a pod and a bug meal, sound?

[Anonymous No.53451906]

>>53451867
how many to make it. I'm at my wits fucking end, not sure if I have the strength to hold. Is 2k enough?

[Anonymous No.53451913]

>>53451867
none of these things will happen in your life

[Anonymous No.53451929]

>>53451882
>>53451913
Begone, Devil. I hate the anti-christ.
>>53451906
2k is plenty brother. You can easily afford a wife and 2-3 kids. Especially if you live off of the passive income.

[Anonymous No.53451961]

>>53451929
Nigger what country do you live in that you can say 2K is enough for a wife, kid(s!), and a house? Are you Thai or just retarded?

[Anonymous No.53452250]

>>53451867
Are you calling me a fuck boy???

[Anonymous No.53452301]

>>53451961
2K link idiot. Not 2k dollars of link jesus

[Anonymous No.53452333]

>>53451867
>We are reaching $75 within 3 months.
because 1 nigger made a thread about it?

[Anonymous No.53452400]

>>53451867

[Anonymous No.53453210]

>>53451929
How much will 2k link net me passively.

[Anonymous No.53453220]

>>53453210
a delicious bug steak

[Anonymous No.53453261]

>>53452400
Chequed

[Anonymous No.53453274]

>3 months
nice fud retard

[Anonymous No.53453439]

>>53452333
>>53452400
Checked, and yes.

[Anonymous No.53453465]

>>53451867
>Fuck boys
Kys

[Anonymous No.53453565]

>>53451867
Personally I'm going to use my staking gains to live lavishly and flex on all the people that fucked me in life.

[Anonymous No.53453600]

>>53451867
Down to 6.66 you go, you like that little tease linkie?

[Anonymous No.53454719]

>>53453600
nico bully gf

[Anonymous No.53454732]

https://twitter.com/AriJuels/status/1618622663542333448
Based Ari reclaiming the space from corrupt VCs

[Anonymous No.53454735]

>>53451867
ill fuck your ass boy

[Anonymous No.53454986]

>>53451867
2 year long self-fudder here. Turned to the dark side after I saw how pathetic biz and the LINK community was in 2021.

But the charts are starting to show signs of life I can't ignore. I think I'm ready to return to the light... LINKBTC and LINKETH still has work to do though and a 10x would mean top 6 so my expectations are more like $35 sometime in the coming months.

[Anonymous No.53455024]

>peaceful life
>have beautiful children
pick one
if youre soft you will raise soft and clueless children, and they will get screwed over by wicked men. your daughters will be whored around and your sons will be bent backward
if you want to raise children, go out there and be throught some struggles so you have something to teach your kids

[Anonymous No.53456710]

>>53453210
>How much will 2k link net me passively.
OP, please answer this anon.

>>53454732
Beautiful.

[Anonymous No.53456734]

>>53453210
Depends on how you use your LINK, specifically on how you stake. 0% exposure to slashing 4-6% a year. Exposing yourself to loss of collateral (your LINKs) if the node provides faulty data will net you 3% a month, realistically speaking. The more of your stack you are willing to risk in upcoming data oracles, the more you will be able to potentially make. I think 4% a month will be reasonable, if you make good choices. Understand that LINK was meant to be an expensive token. Its literally in its design.

[Anonymous No.53456789]

>>53456734
>4% a month
That's a lot, did you mean per year?

[Anonymous No.53456841]

>>53451882
Linkies wont be living in pods

[Anonymous No.53457273]

>>53456734
that would be roundabout 2000$ per month with a 7k stack at current prices. i want to believe.

[Anonymous No.53457315]

>>53451867
>I want to live somewhere peaceful, raise a farmstead, and have beautiful children with a loving wife.
>believes holding the uniswap price checker service fund raising token for 10 years will get him there
You only get one shot at life. Lol.

[Anonymous No.53457331]

>>53451867
Token not needed

[Anonymous No.53457935]

>>53451867
test

[Anonymous No.53457992]

>>53456734
why do you assume 3% a month (I understand compensation for additional risk i.e. slashing), is that just an educated guess?

[Anonymous No.53458056]

Not really a singularity. Alts in general just had a bit of a breather against BTC. But link's action has been middle of the pack with MATIC and LEO amongst others up 8% today.

[Anonymous No.53458093]

>>53458056
I heard LEO was a jeet scam, can you comment on this?

[Anonymous No.53458166]

>>53458093
Most likely. It's crypto.

I tend to accept rarely holding the top performers because at least i never hold scams.

[Jealous No.53458174]

This movie is about Sergei, his business model and ethics, and his six-sided blue jew token.

[Anonymous No.53458181]

god will make it possible through bitdao anon. chainlink is run by jews and god hates jews.

[Anonymous No.53458211]

>>53451961
Learn to read

[Anonymous No.53459455]

>>53458211
>$14k is enough for wife kids and a house

[Anonymous No.53461432]

>>53456789
Nope. A month.
>>53457273
That's more than reasonable.
>>53457992
Pretty much just an educated guess. If you are providing your own nodes, with your own collateral, the sky will be the limit on how much you can make, considering you are getting enough people using your data AND you are not fucking up and getting slashed. As a node provider, providing high quality, and accurate data, there is no reason you shouldent be making at least 10% a month on what you have staked.

Imagine a new wave of entrepreneurs. 19-21 year olds busting their ass waiting tables, in order to save up enough money so they can have enough collateral for their data node on the Chainlink network. Lets say they needed $3k-5k to buy 100 LINK tokens to use as collateral. Now lets say it was a success, and Timothy is now making $500-$1000 a month in passive income. Timothy's reputation on the oracle network is 99.9% solid. Now he can expand his business providing data. The issue for him now is that he has most of his capital still in his one node, and he isnt making enough to expand as fast as he would like. Timothy could create new nodes, and look to the community to help provide collateral. Since the community investors would be exposed to risk he would tell them in the smart contract that they would be sharing 20-30% of the profits generated. Timothy now has multiple nodes on the network, all being used in smart contracts, and many of the collateral in them does not belong to him.

The potential here to make money is sky high, or orbital.

[Anonymous No.53461883]

>>53456841
They won't be living at all. Discount plywood casket bought in XXL by their disappointed parents after they hang themselves in the basement when LINK hits fucking ZERO!

[Anonymous No.53462031]

>>53451961

[Anonymous No.53462103]

>>53458174
I see you post this stupid shit about a movie no one has seen, with a bogged Zac Efron and I cringe everytime. Thought I’d make your day and give you a (You)

[Anonymous No.53462335]

>>53462103
>desperate to get rich
>get bamboozled by "friend"
>fail to recognize the ruse
>die poor
The movie was garbage but the message is applicable.

[Anonymous No.53462433]

>>53451867
>through Chainlink.
Anon i.....

[Anonymous No.53462617]

>>53451867
I have 3 chainlink, am I going to make it?

[Anonymous No.53462716]

7k staked link. $6,75 daily. Whenever it feels like an insignificant amount, just remember there are literally niggers and indians swimming in shit rivers and dying in mines for a portion of that daily. It's a penance now, but for how long?

Won't be long until that African wage turns into a western wage. Sit tight friends, the future is bright. these are only the first few drops of a spout that will turn into a river.

[Anonymous No.53464163]

>>53452301
2k link is still just over $14k. maybe that will be worth $200k peak bull run and earn someone $1k/month trough staking, but that will return back down to about $50/month. best bet is to buy 10k link now and sell around $100

[Anonymous No.53464718]

>>53464163
I really do believe that LINK will reach $300 before or early bullrun if CCIP launches this year. LINK will dance between $280-$310 for a month and then expload upwards.

[Anonymous No.53464748]

>>53462716
you sound like a jeet moonboy

[Anonymous No.53464749]

>>53464718
I wish. If we bottom at anything above $150 for next cycle I never have to sell, can live off staking comfortably.

[Anonymous No.53464768]

>>53464163
2,000 LINK X 81,000 Dollars/LINK = $162M.
Sounds like enough money for a few lifetimes.

[Anonymous No.53465000]

>>53451867
I kind of felt it last week but I think these posts are here to drain our memetic energy and trap us in a bad reality. I'll be withdrawing from 4chan.

[Anonymous No.53465145]

>>53451867
>Post about link
>uses a picture of zelda
Ngmi this is why no one takes this shitcoin seriously

[Anonymous No.53465391]

>>53465145
>Tell me you're retarted without telling me you're retarted.

[Anonymous No.53465601]

>>53465391
newfag

[Anonymous No.53465920]

>>53465601
>he actually took the bait
Look who’s talking

[Anonymous No.53465939]

>>53451867
True and based
>>53451882
The AI is going to kill you.

[Anonymous No.53465943]

>>53451867
OP looks like this, now imagine his smell

[Anonymous No.53466100]

>>53464718
It won’t at all. Macro situation still fucked, token supply is too large and normies aren’t going to touch it. Where is the investment money coming from? Stop being a cultist unironically.

[Anonymous No.53466141]

>>53466100
>Macro situation still fucked
imagine saying this and missing the biggest macro reason of all and the one that will make markets meltup

[Anonymous No.53466626]

>>53453210
how does 200k a year sound

[Anonymous No.53466675]

>>53466100
When will you faggots ever talk about real utility token. You'll all say AllianceBlock once they become a full DAO.

[Anonymous No.53466905]

>>53466626
Is this realistic at all

[Anonymous No.53467028]

>>53466626
>>53466905

Not likely within the next decade. (not fud, I just hate misleading hopium). that'd be $100 of revenue per staked link. Assuming the total circulating supply of 491,000,000 is staked, and using $49,100,000 total protocol revenue per year for simplicity (which is actually fairly close to what it was when market.link stopped reporting). We would need to go from $0.10 of revenue per link currently to $100 of revenue per link or a 1000x. I hope no one thinks this is going to happen in the next 3 or 4 years. I'd be happy if we got to $1.50 revenue per link by 2025 ($75,000/yr for 50,000 staked link).

[Anonymous No.53467035]

>>53465943
>>/biz/?task=search2&search_filename=Lonkie3.jpg
i'm sure the smell you're "imagining" is just yourself at this point, anon
jesus crhist

[Anonymous No.53467097]

>>53467028
For further context, the annualized 7-day average for the top 10 fee generating crypto projects is ~$2,725,776,200. Link would need to generate roughly 18 times that to reach $100 revenue per link per year.

[Anonymous No.53467190]

>>53467028
Where are you getting .10 cents of revenue per link from? The staking is a flat percentage of link which has nothing to do with dollar amounts, if you stake 7k you would make 332 link, which at current prices would be $2400, or .34 cents per link. If the price ended the year at $300, you would get the same 332 link, but it would be worth approximately $100k, or $14 dollars per link. Your $1.50 by 2025 hopium is $30 link, which would be a terrible price even at the bottom of the next cycle, and almost a sure sign of either a global depression or the utter failure of the project.

[Anonymous No.53467215]

>>53467097
If you’re basing this on actual revenue of the project you’re talking about staking 1.0, or non subsidized staking, which likely can’t exist until something like swift begins using the network. It may not happen before 2025, but if it does it changes the entire landscape of crypto.

[Anonymous No.53467239]

>>53467190
Yeah, I made some simplifications. I was just using a rough estimate of fees paid yearly (this fluctuates with the price of link). for instance the last day that market.link posted data, there were payouts of 15330 link so @ $7 that's about $107,310 per day x 365 days a year = $39,168,150 node revenue per year. This was prior to staking. but if we had similar revenues (I used $49 million for simplicity) and all link were staked it'd be around $0.10.

However, my broader point still stands. $100 staked link revenue per token is not going to happen any time soon.

[Anonymous No.53467295]

>>53467239
Again if you’re basing it on actual revenue, that’s probably true (though if you see swift + ccip live by then all bets are off), but staking will never be based on revenue of the network, but a percentage of link tokens staked and given as rewards. This will depend on the price of link, which will still have speculative value stacked on top of what revenue is actually made by the market. You can guesstimate what value the link network generates, but there’s a speculative amount on top of whatever that is.

[Anonymous No.53467316]

>>53467190
>>53467215

Also realize that most link emissions are mostly inflation, meaning there is no 1:1 backing of dollars paid for the services (subsidization through inflation of the supply). That's probably ok as early as it is and to boot strap but eventually you need paying customers. Doge gets $2000 a day in fees and prints $1,300,000 of doge - do we think this is sustainable long term?

[Anonymous No.53467351]

>>53467316
Right and I think we’re on the same page here, the network is being subsidized right now and crypto needs massive adoption for it to truly be profitable and self-sustaining. But you’re omitting that link will still have a speculative layer on top of its true value.

[Anonymous No.53467370]

>>53467295

>staking will never be based on revenue of the network

Of course it will be, it has to be eventually, the rewards are the revenue.

Right now Chainlink labs is simply providing stakers with newly circulating link (some small percentage of it is probably revenue from the ETH/USD feed)

[Anonymous No.53467390]

>>53467351

Ok, yes I think we agree on that.

[Anonymous No.53467445]

>>53467370
Yes but what I’m saying is you have to include the value of the token, which is not strictly tied to network revenue, if it were, we’d be a lot lower than $7 right now, not to mention the total crypto marketcap probably drops by a good 90%+ as well.

What makes link such an insanely good long term (and undervalued) play is you have something poised to become one of the highest value generators in crypto, along with a virtual monopoly. L1 gas fees are a race to the bottom and ironically CCIP is poised to not only quicken that, but directly funnel a percentage of that into the link token. But then on top of all this it still exists in the crypto market, which allows it the benefit of all the potential speculative price action we see today.

[Anonymous No.53467470]

>>53467445
No one is going to buy it. Your thesis depends on the massive supply being locked up.

[Anonymous No.53467590]

>>53467445
I completely agree with your first point. But from what you stated here I get the notion that you think staked link rewards will remain set at 4.75% (or something else) regardless of price. It is that way now but may not be so in the future.

The way it's currently set up nodes were getting paid a set limit of link regardless of price (say 0.02 link per call whether the price was $50 or $7).

I imagine those who use staking contracts won't find that acceptable. they will have a dollar value in mind and the amount of link will be adjusted to match the dollar amount.

so instead of making 332 link for a staked 7000 maybe you make 111 because the price of link has tripled during the lock up period.

Otherwise that seems undesirable from the contract owners perspective. There expenses must triple because the price did and you agreed to pay 4.75% in link rather than dollars. I think they will have dollar terms then expressed in link once going through the network.

[Anonymous No.53467626]

No one ever mentions the part where you receive stipends from the projects your staked links help facilitate through ccip.

WAGMI unironically.

[Anonymous No.53467891]

>>53467590
Yeah I see what you’re saying, but that’s another aspect link holders don’t really have to be concerned about. If the token value moons you’ll get less tokens but your usd rewards will still be fine, and if it drops you’ll end up with more tokens. It only becomes an issue if you’re trying to always strategically maximize returns in usd vs link.

[Anonymous No.53468029]

>>53467626
LINK staking is one of their best innovations so far, I am already big on it for the likes of FIL and SYLO on Huobi with passive income.

[Anonymous No.53468038]

>>53468029
This is a paid post

[Anonymous No.53468617]

>>53464718
expload huh

[Anonymous No.53468680]

>>53468617
Muhammad, please go.