/biz/ - Business & Finance

>>16813968
what are you talking about, have I missed something

>>16813968
We were going to make it in 2017, 2018, 2019 and now you're telling me that we're going to make it in 2022. It's all so tiresome

Yeah 20 chinks running centralized nodes is gonna make link moon. Retard.

>>16813975
So Sergey pays node operators from his incentive wallet. You get link for operating a node. Staking comes out and node operators need to put up collateral, so they buy link for their nodes so Sergey will keep paying them. It works like Bitcoin mining.

>>16813999
How many Links are in his wallet?

>>16813976
2017-2019 we went 50x with a barely functioning mainnet and some meme blogs. Can you imagine what 2019-2022 is going to look like?

Node operators have 2-3 years to build up their reputation and get as much link as they can before we get huge mainstream adoption. This is what fuels links rise.

>>16814003
350 million for incentives. The rate at which these incentives are released depends on:

a. Number of node operators. More operators = more link paid out.
b. Link price. More expensive link = less link paid out.

So there's supply/demand and inflation already worked into the system. It's like mining, except instead of PoW being crunching algorithms, it's operating a node and providing data onchain.

>>16814022
Sounds a lot better than wasting power on arbitrary calculations.
And what happens when the wallet's been drained?

>>16814041
Not sure it ever will be. When the incentives end Link will already be mainstream and nodes will be getting paid by commercial clients rather than from Sergey's wallet. What happens to the remaining link is anyone's guess. Maybe it gets burnt.

>>16814065
>b. Link price. More expensive link = less link paid out.
Hmm but wouldn't that mean that the higher the Link price, the lower the operator's return on investment (since his staked Link increases in value)? Wouldn't this lead to increased sell pressure as the price rises?

>>16814003
Sergey controls about 80% of the LINK supply.
Nice investment, this shit makes XRP look fair at 40% Ripple ownership. How could you think this is for YOU to get rich?

> Extra Extra read all about it! Link node operations steal linkies from Spergy. Sergery replies he doesn't give two shits faggots, build something, and 32 million solves my oracle problem

>>16814082
Sergey can't even control his bowls. He has proved this constantly and many victims have testified that the smell cannot be imagined

>>16814082

>>16814079
Only if demand for link stayed stable or dropped as the price rises. Node operators will always be incentivized to keep as much link as they can to ensure they can service more customers. A higher price means less link needed for collateral, but also less link that an operator needs to sell for ROI.

>>16814082
This guy gets it
People have been calling xrp a scam and a ponzi because they hold half of the tokens but chainlink is way worse which doesnt seem to bother most link holders

>>16813968
Imagine paying for something you can get for free anytime, anywhere.

That's chainlink.

>>16813968

You are a socialist and a rube

Can't wait for Ari Juels to mention street shitters spending their merger fortune on shitcoins then pretend not to laugh about it unironically

>>16813968
Loopring is a better buy right now : https://www.youtube.com/watch?v=eAgKaxLGnq8

>>16814148

Bump for moar docusign crumbs