/biz/ - Business & Finance

When next economic crisis like 2008, thanks in advance

Sold my LINK here, this board is getting too LINKeuphoric for me

>>15839840
staking link will be possible in the very near future
link is probably one of the only projects with staking economics that make logical sense, being not developed on a proof-of-stake model—because link truly ISN'T proof of stake, in any sense of the term
because of this, link's economics aren't rooted in the fallacy that "staking is better than working", either because it "burns less energy" or is "less centralized than proof-of-work" (which is such a fundamentally broken argument if we're talking about your stake giving you the same control over the network as an analogous network with a PoW model rather than PoS) or whatever
you stake your link, and no matter what the price of link, people pay the same to use the network—and no matter how much link you hold, you don't *necessarily* have any more control over how things operate than someone with zero link
it's a lot like bitcoin in that sense, in that having bitcoin doesn't necessarily grant you more power over the bitcoin network—but having more hashing power does
the magic to link is that if you want power over the link network, you have to produce good data feeds—and naturally, the more link you have, the more incentive you have to make sure good data feeds are on the network; this is not a coin of socialist rent-seeking, wherein people are buying and jacking the prices of existing properties rather than building new ones—rather, this is a coin of capitalist wealth creation, in which people are incentivized to build new houses and in turn bring the price of housing down, which raises the value of the entire currency.
if there aren't good data feeds, you not only don't get much link, but the link that you do get is worth less.

>>15838313
given the nature of crypto, it would be very difficult for any entity to do this; they would need to go so far as preventing bitcoin transactions from taking place between private individuals.
for them to succeed in this, we would have to be very weak.

>>15838370
lel
staking link will be possible in the very near future
link is probably one of the only projects with staking economics that make logical sense, being not developed on a proof-of-stake model—because link truly ISN'T proof of stake, in any sense of the term
because of this, link's economics aren't rooted in the fallacy that "staking is better than working", either because it "burns less energy" or is "less centralized than proof-of-work" (which is such a fundamentally broken argument if we're talking about your stake giving you the same control over the network as an analogous network with a PoW model rather than PoS) or whatever
you stake your link, and no matter what the price of link, people pay the same to use the network—and no matter how much link you hold, you don't *necessarily* have any more control over how things operate than someone with zero link
it's a lot like bitcoin in that sense, in that having bitcoin doesn't necessarily grant you more power over the bitcoin network—but having more hashing power does
the magic to link is that if you want power over the link network, you have to produce good data feeds—and naturally, the more link you have, the more incentive you have to make sure good data feeds are on the network; this is not a coin of socialist rent-seeking, wherein people are buying and jacking the prices of existing properties rather than building new ones—rather, this is a coin of capitalist wealth creation, in which people are incentivized to build new houses and in turn bring the price of housing down, which raises the value of the entire currency.
if there aren't good data feeds, you not only don't get much link, but the link that you do get is worth less.

So many nulinkers are gonna panic sell once link hits $10, $50, $100. The greedy hodler getting fucked in the ass by greed is a meme, only a small group of people chance their ass like that

Dont panic sell when it starts to climb.

CHAINLINK IS THE WORSE INVESTMENT OF ALL TIME, DON'T BE STUPID AND SELL

>>15755743

Getting comfortable with rejection is like going from being disgusted by traps, to jerking off to them. I know you’re familiar with that, so I have no doubt you’ll get comfortable pitching VC’s for money.

Look at me. I’m going to conferences and forums every 2 seconds. I do almost no actual work other than brown-nosing and networking. But I’ve crafted the persona of a guy with a “big idea” in the crypto space. I make myself available. I damn near force myself on people. And people listen. They’ll listen to you too, if you stop being a faggot and believe in yourself. The key to success is believing your own bullshit, and being so fucking arrogant that you build your empire on the back of other people’s money.

To your dreams. Cheers.

>>15736664

Anyone know where I can find a live for SIBOS or at least follow the news step by step ?

thanks in advance,
baguettes on top

What are you guys expecting for ChainLink at SIBOS, thanks in advance :D

Am I the only one to put 99.9% of my money in LINKIES, Am I the only one to work, sleep, and wake up for LINKIES ?!?

Do you remember when this board was peaceful? A free market of debate? Believe it or not nufags, it once was. Quite recently in fact.

>Sunday
>wakes up at 1 PM
>another night of sex, drugs, and alcohol
>pays his girls a lofty amount and tells them they can leave
>wow what a bad hangover
>picks up his greasy cellphone
>walks to the bathroom, sits on the toilet
>logs into his dev wallet
>BRAAAAAAAAAAAAAAAAAAAAAP
>ANOTHER 700K!

>>15265016
Thank god we have philantropists like Sergey Nazarov who would never dump on his investors.....

Imagine if you had 650,000,000 links.

Anyone else unironically enjoys being Sergey's paypig?

Just thinking of all the cheeseburgers he can stuff in his mouth with my hard earned money gets me rock hard. I just wish I had more money so I could feed him more and more .

It couldn'ty REALLY bloat up to $3 within the next 30 hours, right?

What is it fren

Will go to $3 and then dump again like its doing right now

We're bloating up to $3 today, buy in NOW!
>:3

For me it has to be 'You Just Win - Sergey Nazarov'

700,000

I just have one question LINKies : Why does he wear the shirt?