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/biz/ - Business & Finance

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53937643 No.53937643 [Reply] [Original]

Why would Swift and other Chainlink partners want the Link token expensive? If anything it's more beneficial to them for the token to be as cheap as possible.

>> No.53937670

>>53937643
Why do you think bitcoin dumped dragging the entire market down within 24 hours of the Chainlink Functions announcement?

>> No.53937683

>>53937643
>18 decimals

>> No.53937689

>>53937643
I had not considered this. I will immediately market sell my chainlink tokens in fear of them losing further value.

>> No.53937690

>>53937643
>18 decimal points for a reason

>> No.53938258

>why would they want
>what is supply and demand

>> No.53938259

>>53937643
Didn't read! Lol

>> No.53938290

>>53937643
Because the price of Link doesn't matter to them at all.
The fee for the chainlink services will most likely be set in a stable currency like USDC and the swapping to pay the Link node will happen in the background.

>> No.53938325

Good question OP. The answer is they wouldn’t, at all, unless they feel like getting bilked for cash to interact with “tokenized assets” when the alternative is just sending a regular swift for fractions of a penny.

Somehow the coin holders on this board, not just link, are laboring under the delusion that the tail wags the dog and banks will be forced to pump NEET bags and pay ludicrous fees for using a network that actually can just be replaced with emails if necessary.

>> No.53938416

>>53937643
It doesn't really matter to either of them. 16 digits link has. If it's value goes up 100000x you only need 0.0000000001 juels to do same job as 1 link now.

>> No.53938423

>>53938416
18 decimals sorry not 16

>> No.53938567

>>53937643
The higher the value of the token/network the bigger the contracts that can be secured. Link needs to be worth a lot if banks are gonna trust it to secure trillions in value.

>> No.53938580 [DELETED] 
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53938580

>>53937643
That's why I'm all in on Deathwolf. These devs actually care about their token price going up, unlike the faggot link devs

>> No.53938600 [DELETED] 

>>53938580
based wolfbro
dogs are gay
wolfs arent dogs
thus wolfs are cool
refute this
>protip you cant

>> No.53938613

>>53938580
how daft can one be
the main tg is still locked, close to 0 Twitter interactions, typos on the website
why tf is this shit still pumping. tell your pseudo whale discord to stop

>> No.53938666

>>53938613
lol no

>> No.53938693

>>53938600
dubs confirm this is irrefutable
>>53938613
you absolute brainlet
in reality, it's like this
>if it's already pumping with a locked tg, how much is it gonna moon tomorrow when they unlock the tg?

>> No.53938862

>>53938567
When why would they wait to market buy link if they know it is going to be both needed for their own infrastructure and moon in value. If this was really the case, why didn't they price everyone out already?

>> No.53938883

>>53937683
>>53937690
that's the default for erc20. even ETH has 18 decimals. always hated this meme

>> No.53938896

>>53938883
lol

only a tard would say that

>> No.53938912

>>53938325
I've been saying this for almost 7 years. I stopped saying it and just started successfully trading against these people. They love holding my "for the tech" bags and keep making SOON threads about the shit tokens I dumped two years ago that are down 90%.

If you can't beat em, join em and beat em.