/biz/ - Business & Finance

>>23357357
The ultimate value depends on demand for CL services. All CL services require CL nodes to operate, nodes require staked Link, nodes pay a certain % for staking Link to the Link owners
Sergey's dumps are to cover operating costs, the largest of which is buying ETH to subsidize existing nodes. Threshold signatures will substantially reduce the ETH cost of operating a node, thus making staking v1 profitable
From that point on it's just a matter of developing use cases and drumming up demand. Until there's enough demand to incentivize all Link holders to stake, the price of Link is a speculation on the future value of CL. Once all Link is being utilized (and demand continues to drive price up), value is simply a function of anticipated ROI. If an investor wants a 5% ROI and the annual staking profit on an average node is $50/Link, there's your $1000 valuation

>>22846664
That's why you never sell
hodl, stake, profit, pay tax on staking profit and staking profit only
Never selling = never paying tax on the appreciation of your original investment
It was never just a meme OP

>>22771248
this. The $0.30 between $1.8 and $1.5 was far more brutal than this retrace from $17 to $8

>>22540278
based pasta

>>22481754
Idk desu
It makes sense that nulinkers who bought the top would be salty about how heavy their bags feel two weeks after Smart Con. Remember all of the pink wojaks last September when we dumped 40% post-SIBOS?
Either way I refuse to fud and don't understand the marines who do; I bought Link because of this board and I don't want anyone here to miss out

>>22471826
based
one year ago today this board was full of pink wojaks and smug nicos after Link dumped from $1.80 all the way down to $1.50 support. Imagine going back to tell our past selves that $11.91 has nolinkers posting "Link is tanking" threads in 2020, kek
$1000eoy

>>22294039
WE ARE ALL IN THIS TOGETHER!!!!! $1000EOY
But seriously OP you do realize just because you aren't late doesn't mean you're old, right?
>t. $2.29, still new

>>22188900
checked, $27.77 eom

Unless you are planning to sell in the near future, DO NOT KEEP YOUR LINKIES ON A FUCKING EXCHANGE
There are a dozen different defi projects out there willing to literally PAY for your liquidity, and yet you would rather give liquidity to exchanges that then use it to short you. The moon mission won't take off until the mass exodus of link from exchanges onto defi
I say this even though I know mass adoption will cut into my sweet sweet early adopter apr; lots of ruthless marines will hate me for this desu. But I didn't get in this for farming income on $14 link; I want us all to make it desu
Fuck CZ. $1000eoy if you help make it happen anon

>>22035553
My apologies marine, as you were

>>21991066
checked and keked

WEB 2.0 HTTPS SERVERS
Holy fuck bros I can't wait for Ari's keynote