/biz/ - Business & Finance

Can we try to compile the highlights of what Eric said? I'm trying to keep it all together in my mind but there were like a hundred things between the lines as well, I will rewatch this for weeks.

Can we all agree that normies are finally priced out for good?

>>21004395
Top 1000 wallets. Nothing compared to some OGs on here but very comfy

lost 120k today

$20,000 for a make it stack

feelin cozy too

>>17699965

Enjoy today, and any other day, as if Link was 1k today

>>15648300
There really is something in the air, I can feel it coming.

>>14363491
Based lying FUD

>>14358542
Based and thispilled

thnx for helpin fren

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

The purpose of Chainlink is a network that incentives truthful data provided by individuals running LINK nodes (aka known as mining 2.0) while also providing compensation to smartcontracts just in case false data was used to trigger an agreement.

So the price will rise not only to meet the insured needs of smartcontracts but also because the LINK node miners are making money providing this service much like the price of BTC. (there are about 3 main factors that make the price rise one of them from mining and difficulty)

Its very simple.

The more LINK staked in the nodes, the more profit one can make running that node.
The more LINK staked in the nodes the bigger the smartcontract economy can become.
The more LINK staked in the nodes the more stable the network/connectivity becomes.
Finally
The more LINK staked in nodes the higher the price becomes.

We are witnessing something really special. The birth of the HTTP equivalent in Crypto.

The only comparable investment to LINK is when BTC or ETH first came about. Decentralized digital currency, Decentralized smartcontracts and now Decentralized oracle network. This trifecta will lead us into the next economic boom.

>>14050777
I hope so it'll be easier to afford having a wife and children

>>14028211
its gonna b ok fren

>>13904256
Fren

>>13909029
Fren marine thread

<3 you frens

A lotta newfags lurking LINK threads. We've been in this for a long time. Probably the most important talk Sergey gave, way better than any other talk after that, maybe the fireside chat is on par. Also by far the most bullish, once you understand everything he's saying here 1000$ isn't a meme anymore to you.

https://www.youtube.com/watch?v=ytv8U0bejPA

Triggered thread.

I went all in on Link when it was $0.58 a few days ago.

>>13230079
watch this

https://youtu.be/XYiEPFRHV9A

So let me get this straight. The only reason chainlink isnt mooning non stop right now is because not a lot of people know implications of node network and how its basically going to become five times more profitable than mining bitcoin was at the beginning. So why we just dont post a thread on reddit about it and then upvote it lil bit and enjoy the singularity? Seems simple to me