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/biz/ - Business & Finance


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14983243 No.14983243 [Reply] [Original]

Can someone explain this to a brainlet. Thanks frens

>> No.14983285

there are only 100 addresses > $1 mil.
meaning that, so far, almost everyone who's said that they've "made it" with chainlink has been larping

>> No.14983302

That’s me at the bottom

>> No.14983306

>>14983285
i read people said we're gonna make it. what does that imply?

>> No.14983317

jfc only 6000 of us have over $10k in LINK? what the fuck guys i thought we mattered

>> No.14983336
File: 84 KB, 500x801, 1557107001269.jpg [View same] [iqdb] [saucenao] [google]
14983336

Only 35k people can own 10k.

>> No.14983416

>>14983306
maybe everyone here will make it?
basically 6000 people were able to push the marketcap past $1B.
This suggests that despite the seemingly high valuations, altcoins still have room to grow a bit because we aren't at peak awareness

>> No.14983437

>>14983317
With the amount of people you see in link threads it surprises me as well. Either there's tons of people larping or 99% of link holders actually post here.

>> No.14983442
File: 8 KB, 200x114, bitcoinqrcodemaker_logo.png [View same] [iqdb] [saucenao] [google]
14983442

>>14983243
In case anyone needs a quick and simple bitcoin QR code tool for sending and receiving check out:

https://www.bitcoinqrcodemaker.com

>> No.14983551
File: 149 KB, 579x663, 1560848017025.png [View same] [iqdb] [saucenao] [google]
14983551

>>14983285
>having 7 figures on a single address instead of spreading your funds

>> No.14983637

>>14983437
you could document all 6000 people with 5k+ LINK on twitter

>> No.14983639
File: 376 KB, 510x742, 1562782768820.png [View same] [iqdb] [saucenao] [google]
14983639

>>14983416
>>14983437
>>14983442
>>14983317

guys i still don't get this picture... can someone break it down for me? i get the X-axis but i don't get the Y-axis

>> No.14983723

>>14983639
bamp

>> No.14983756

>>14983639
There are 5 addresses where the linkies on them are worth more than $10MM for each address. There are 23 000 individual addresses where the linkies on them are worth more than $1k (for each address individually)
It works like that

>> No.14983760
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14983760

>>14983639
m8 the y axis shows the USD value

>> No.14983795

>>14983760
bro it's just not clicking. so for the 5,926 number of addresses what does the $10,000 mean? why does it say "richer than"? for 5k addresses are richer than all the other addresses by $10k?

>> No.14983810

>>14983639
>>14983760
>>14983795
or that's how many addresses have over $10k worth of link wealth right now?

>> No.14984356

>>14983639
bump

>> No.14984379
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14984379

>>14983795
>>14983810
>>14984356

>> No.14984405

guys can someone dumb it down even more i still dont understand

>> No.14984406

>>14983317
This is how you know 99% of the big stacks here are total larps

>> No.14984416

>>14983336
Not anymore since the daily 700k dump

>> No.14984435

>>14984379
>>14984405
plz

>> No.14984580

>>14983639
bump

>> No.14984597

>>14984580
Dude if you can't read a graph like this then just gtfo

>> No.14984680

>>14984597
explain to brainlet

>> No.14984698

guys for the last 20 min i have been trying to understand plz someone dumb it down

>> No.14984767

>>14983317
That was at $3.10 or so. So there’s even less at >$10k now.

>> No.14985087

>>14983317
how many people do you think visit /biz/ frequently?

>> No.14985411

guys it took me 10 seconds to understand the chart can someone plz smarten it up for me

>> No.14985426

>>14985411
plz explain with those SIIIIICK dubs you got m8

>> No.14985477

>>14983317
>200k+ are beneath me and I am furious.

>> No.14985604

>>14985477
can you explain with those SIIIIICk 7 dubs m8

>> No.14986649

>>14984405
>>14984435

Boys, each of the bars represent how many crypto wallets have Link stacks that are worth X value at the time the graph was made (when it was $3.02 I believe).
The baseline, $0 means we have 98,971 addresses that own Link, any amounts in total. From then on, each bar tells you how many crypto wallets meet the minimum $USD threshold, 43,869 have a portfolio of at least $1's worth (or a little more than a 3rd of a Link token), 23,462 wallets have Link stack worth at least $10K (they have more than ~3.3K link), etc etc, up to Sergey's Developer Link wallets at the final 5. Makes sense? Feel free to reinterpret what I say to verify. And even make more analyses like how many nonzero Link wallets have less than a $1's worth (and what you think those kinds of wallets are) or how many wallets are worth more than $100K but less than $1MM.

>> No.14986824
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14986824

>>14986649
OMFG

THANK YOU IT MAKES FUCKIGN SENSE NOW AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

<3
<3
<3<3
<3

>> No.14986904

>>14986824
I fail to understand how you didn't understand this. How does this even require explanation?

>> No.14986917

>>14986904
kys math jew

>> No.14986939

>>14986917
You don't even need math for this. It's just... i don't even know what you're lacking. A combination of reading numbers and interpreting words?

>> No.14986957

>>14986939
"richer than" wasn't makign sense. i couldn't ocnnet the dots lmao

>> No.14987003

>>14983243
$10,000 at 2.40 in link price would be ~4166 LINK. There's only 5,926 wallets that have over 4000 LINK.

>> No.14987030

>>14987003
To add, There's only 1146 people who own above ~40,000+ LINK and only 100 people who own ~400,000+ LINK. Only 5 wallets have

>> No.14987031

>>14983243
More people use fucking Pi than have link? That's pretty crazy and shows how far we have to go.

>> No.14987053

>>14987003
That being said, The majority of us on /biz/ most likely have stacks between 1,000-100,000.

>> No.14987088

>>14987030
This means there's only 100 people who excluding the dev wallets that have actually made a million off chainlink. Majority of people haven't made it and won't make it until $1000.

>> No.14987092
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14987092

>>14983317
we will matter soon enough, fren

>> No.14987129

>>14986649
can you explain but without words like threshold

>> No.14987130
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14987130

>>14986957
underage b&

>> No.14987176

>>14987053
Fuck you stacklet
100k+ to the fucking stars

>> No.14987223

>>14987130
kys boomer

>> No.14987324

>>14983243
I have 50k link in since presale. Pretty happy to be in a group of 1k