/biz/ - Business & Finance

>>11418449

How much were they sold for originally?

>>11418449
fuck them
asking for x50 when absolutely nothing happened?

>>11418518
You just described every ico pump
Kek

>>11418518
Its not them, its the 186 that bought the shares during thr crowdsale. 1 share was 1 eth in the sale. Im gonna try and get 1 share for sure, just dont know when the right time to buy will be.

>>11418449
why do they have the lowest price buy order at the top of the list?

>>11418508
1 ETH contributed = 1.4 shares.

Currently there are people selling 0.04 shares for 2 ETH, which means 1 share = 50 ETH

>>11418744
is this true? Where do you find people selling?

>>11418449
I don't understand
the first sell order is 1 link pool token for 1.2ETH
that's about what it cost in ICO

am I retarded?
if anything it's a lot cheaper in $

>>11418967
nobody is really selling, because there's no way to do it trustlessly. I'm not gonna send my shares to somebody over the internet, even if they promise me something. Hence why their building the DEX.

I'm a linkpool sharelet and I'm not fucking selling anytime soon.

>>11419002
Its not live, this is a screengrab of mock data

>>11418967
After the first few days of the dashboard many buy/sell offers appeared OTC in Chainlink's slack and Linkpool's telegram. I know at least 2 persons who have actually bought at these prices ~4 ETH worth of shares

>>11418967
Aslo take into account what this anon said >>11419027

Those who sold made a risky move, so just wait till the DEX, by next week it should be ready

i have 1.4 shares, im gonna make it!

>>11419032
>I know at least 2 persons who have actually bought at these prices ~4 ETH worth of shares
why the fuck didn't they just participate in the crowdsale
last I heard the crowdsale was a huge failure and barely anybody participated. it's not like there was a shortage. that shit was going on for more than a month.

>>11419111
burgers cant participate

>>11419111
For me, it was too big of an uncertainty at the time. What they've built since then gives me confidence in their ability to pull it off. Also, fud was pretty strong, and its not like the guys were doing anything to combat it.

>>11419111
Burgers have hard laws regarding securities, and Linkpool's crowdsale was definitely a security offering. During the 3 months that lasted the crowdsale the team announced that the unsold portion of the crowdsale would be equally distributed among contributors, which initiated a strong FUD campaign against them until the crowdsale ended, causing that only 701.2 out of 1000 ETH were sold and therefore, every contributor received a free 40% extra amount of shares.

The average Joe is seeing now the actual potential of LP

Competitor when? Those prices are gonna fuck them in the ass. They're too greedy.

>>11419272
Johnny here. Fuck you you motherfucking piece of shit. Linkpool will become literally bigger than LINK itself. Don’t you ever talk shit about Linkpool again or I’ll reck u cunt

can someone give me a quick run down as to why linkpool shares are important? whats best case scenario for shareholders? shilling to some frens right now who have a decent amount of eth to drive the price up

>>11419345
>Copy/paste linkpool code
>offer service for free to marines because im making enough money staking my personal stack
It feels good looking out for my fellow marines.

>>11419356
because linkpool shareholders get a share of linkpool holdings

>>11419384
> thinking jonny is going to open source anything other than the contracts
aint gonna happen
it will take anyone else a while to get up to them because they've had such a head start

>>11419413
The ChainLink team are going to make staking nodes 1-click solutions.

Host it using AWS and LinkPool is eternally BTFO.
It was a good idea until Thomas mentioned how easy it'll be to run a node lmao. The LinkPool guys were in denial and continued their work.

>>11419356
>why linkpool shares are important?
40 shares = 1% of all Linkpool revenue forever.

>>11419433
they've also said that a node is easy, just that running a eth node is more expensive especially ones that are quick
then there's all the time spent working with businesses, paying for apis, working with reputation providers and all the time it'd take to actually be one of the best operators
they don't want to consume the whole market and there will always be average joes who will want to use it

>>11419433
>Chainlink is going to be the first team to run an eth node in 1 click.

Its ok to admit you have no clue what its going to take.

best .6 eth i ever spent

I was in a really bad financial situation at the time of the crowdsale. Sold my mining rig to get 2.6 ETH in to Linkpool the rest was to pay the bills.

>>11419356
You will earn a percentage of the total Linkpool revenue related to the amount of ETH you contributed during the crowdsale. 1 ETH = 1.4 shares.

During the crowdsale, 6.25% of the total Linkpool revenue was sold for 1000 ETH, but the unsold portion was equally distributed among contributors. The crowdsale reached 701.2 ETH. That way, 6.25 / 701.2 if you contributed 1 ETH you would own 0,009 % of their revenue.

If Linkpool earns $1,000,000 you would earn $90 in Link per every 1.4 shares you own (1 ETH contributed).

If Linkpool earns $5,000,000 and you own 14 shares (10 ETH contributed) you would earn $4,500 worth of Link in total

>>11419492
>they don't want to consume the whole market
They are trying to ensure they never exceed 10% of the ChainLink network. Which at the minute 10% of the ChainLink market cap is around 12 million.
LinkPool raised 701.2 ETH for 25% of Linkpool meaning its fair to say its current market cap is 2808.8 ETH or just under six hundred-thousand dollars, meaning a fair price for it at the moment is a 20x from ICO price.

>>11419433
You don't understand the actual value of Linkpool. The gist of the matter lies in the penalty stack system. Linkpool will have the ability to pool millions of dollars in penalties, which will attract to those requesters managing millionaries smart contracts.

Also the NaaS is very interesting to non-tech related people

Also don't forget the staking priority proportional to your share holdings.

>>11419536
You also earn a proportional share of the trading fee of all LinkPool shares bought and sold on the DEX.

Tfw fell for the fud and didnt throw a single eth

>>11418449
Can we talk about some actual strategy to get shares at reasonable prices though? Im anticipating an initial rush with inflated prices, then a cool off period, followed by a massive rush once people panic when main net actually gets close (its not close yet, fight me if you want).

>>11419570
what happens when the team decide they what more and do another raise?

>>11419623
Its impossible to say until we find out how much volume there will be. Link is unironically a cult and the 186 people who bought into this are not fucking selling.

>>11419536
You will get paid in Link which would increase in value as there would be less in circulation.
The earned Link can be automatically allocated to the nodes, earning even more tokens.
I plan to keep staking for at least a year before I consider selling any.

>>11419634
they get less revenue

>>11419634
They have enough funds for the next 9 months, Jonny said so in the slack. They are not going to making another crowdsale.

But in the case such thing happens, they would be selling a fraction of the creator's percentage (18.75%), not affecting any of the current contributors share.

>>11419652
Me too (top 10 contributor here)

>>11419636
This. 186 people. That's everyone who owns shares. I'm a sharelet so I'm never selling. There will probably be some who sell a few. But keep in mind 186 people, 186 hardcore linkers. No one buys into a pooling service, based on token that has no actual product, unless they see potential.

>>11419636
Volume is always going to be low. There just arent enough shares outside of the top 10 to create meaningful volume. Also, there is more incentive to hold, so again, less volume. Question is when can you get the best value.

>>11419686
>Volume is always going to be low.
I don't agree with this, Swing traders could make an absolute fortune if it was as illiquid as you think but I suspect small amounts will be sold for stupidly high sums of money unless some top ten holder dumps. The best way to buy is monitor charts and wait for what looks like an orchestrated dump, which there surely will be if the market is as illiquid as I suspect it will be

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>>11419832
Interesting take. Super curious to see how it will play out.

>>11419670
>for 9 months

Hmm .. sounds like they know something about chainlink that we dont

Fuck being a burger, I would have bought $10k worth of shares in the ICO if I could have...

>>11420170
That would have made you the second or third biggest crowdsale contributor iirc.

Who /0.2 ETH/ babby here?

There will be other pools, no way Linkpool will come close to 10% of the CL network. Even 1% is probably stretching it.
The crowdsale investment might not beat just buying more Link in terms of return and there is less risk in buying Link than Linkpool token.

>>11420233

good god... look how much cope you can squeeze into one post...

2.8 shares small fish here.
I might be convinced to sell 0.3 shares if I can get 10k link for them.

>>11420315

LOL... ARE YOU FUCKIN PSYCHO

>>11420342
Nope, I'm one of the lucky few that owns some digital gold.

>>11418449
Refute this image.

It would take you 20 years to earn your initial ICO investment back if Link stays 1 dollar.

Unironical if the Linkpool ICO get sold for x50 it would take you 100 years to earn your initial investment back

>>11420422
prove those numbers are real
and lose some weight

>>11420370

I own more than you, plebian. 4.0 shares. I am not selling till 2020.

>>11420370

I was saying you're psycho cause .3 LP share worth a lot more than 10k link.

I'm a poorfag and would like to sell 0.84 shares to get some money. so that dex would be nice to have.

>>11420553
what are you looking to sell for ? ETH price wise

What exactly is stopping someone else from starting their own processing pool?

>>11420219
Don't worry man. We're still a part of the council of 186. Future world elite.

>>11420600
Actually shows 191 owners in Ropsten Linkpool.. few already transferred. Or same owner using just different addresses..

>>11418449
The crowdsale was not that successful. Its worrisome we have 4-5-6 users all masturbating over this and making shit up about the value of the shares. Surprise surprise they actually made a dex so "someone" (wink wink) is able to sell their shares.
Watch out and dont go and buy it 50x the price of the crowdsale.

>>11420581
nothing. If Link network is successful, you can bet a lot of options will exist. linkpool basically wants to jew the reputation system right from the start.

>>11420577
Dunno.. 15 ETH for 0.84 would be nice. :D

>if
If the link network is worth more than a dog fart

>>11420653
by that point they'll already be very established and any competitors will have to play catch up
not like they're going to stop working when it's live and they wont evolve
they will have millions ready to put forward in collateral to anyone using the network, they will be used a lot

Hello Everyone, so say a big Tech company hears about Linkpool doing so well. What happens when they want a piece of the node pie?

Do they just do nothing or do they undercut Linkpool?

>>11420790
well all big companies will be running nodes and paying out 0% to weirdos soo....

that's like asking what is Avis doing about Uber.

>>11420212
Yup, I'd have been set on passive income for life once it's up and running. Oh well, I have enough LINK that I'll likely be retiring in a year or two anyway.

>>11420514
Thanks for the heads up , linkbro.
I won't sell for less than 20k linkies, then.

>>11420648
>we have 4-5-6 users all masturbating over this and making shit up about the value of the shares.
The current going rate is 50x, We told you it was a great investment before the pre-sale and are rubbing it in your face now. Buy or don't. I'm not selling either way.

>>11420713

WHAT JESUS CHRIST YOU GUYS LOL

>>11421150
C'mon, be honest. No one expected x50 so early on.

>>11421281
>>/biz/thread/S11152697#p11152790
>>/biz/thread/S10575611
>>/biz/thread/S10519430#p10525168
>>/biz/thread/S9175336#p9176032
>>/biz/thread/S9175336#p9177928
Search LinkPool crowdsale on the archive. The first and last ones I linked are the best I could find on short notice.

ITT: deluded LP holders who think that an easily replicable pooled node management group is going to be a better investment than holding LINK itself
Spoiler alert: the minute LP shows profitability, 5 gorillion copies will start up with smaller and smaller fees.

>>11420648
*sniff snifff*
Ah, the smelle of cope, i love it

>>11421400
I have some of those old threads bookmarked. I contributed as well, just saying I didn't expect anons buying shares x50 the price so early on. #neverselling

i'm buying LP tokens right now for 3 ETH. DM me on rebbit. My name is u\bluewavelover2

>>11421528
Wait till Dex is up and running or you could be scammed

You guys always seems to forget one of LP’s biggest selling points: contributors get priority staking.

>>11420422

>>11419565