/biz/ - Business & Finance

[Anonymous No.19936554]

Five words.

PASSIVE
INCOME
FROM
THE
NODES

Are you finally starting to understand, NoLinkers?

[Anonymous No.19936642]

>>19936554
What is the cheapest app or exchange to buy link on?

[Anonymous No.19936651]

>>19936554
Nobody to node for. KYC centralized shit nodes for scam meme projects

[Anonymous No.19938061]

>>19936554
no, I still don't understand it lel. when does it doomp sub-dollar?

[Anonymous No.19938160]

>>19938061
very soon , and then damp to 0,01$ . do not buying this LINK coin . buy uniswap gem .

[Anonymous No.19938201]

>>19936554
Anyone have any guesses what the avg % return will be for node steaking?

[Anonymous No.19938220]

>>19936554
Image selling link before staking goes live.

Once staking goes live Link will become the number 1 staked coin overnight, easily eclipsing Tezos.

And unlink pothead run stable coins like Tezos and Ark. Chainlink has a cap. 1 billion coins maximum.

That means there are a finite amount of payouts possible. This, alone, by default will rapidly increase the price of chainlink, not even adding in the fomo panic buy knee jerk reaction that it will trigger.

In comparison Tezos and Ark and soon even eth staking will have an unlimited supply of tokens and will never stop printing. This means the big dick whales at the top, will dump their payouts on the market, daily, with no concern because they are only selling their payouts and nothing from their stacks so they are losing nothing. This is why tezos and ark and soon even eth will be stable coins.

With the max cap of 1 billion coins, chainlink staking will be far superior and result in Massive Girthy Gains, the likes of which have never been seen before.

Imagine selling chainlink, before staking goes live.

[Anonymous No.19938249]

>>19936554
>everyone staking
>only a handful of tokens left on exchanges

[Anonymous No.19938297]

>>19938201
0 % , do not buy this LINK coin , it is scam coin .

buy uniswap gem like MDR, DFK, CVJ, PAMP, BUIDL, MOON, ROCKET, FREEMONEY

[Anonymous No.19938299]

>>19936642
coinbase mobile is only 4% in and 4% out
plus 30% cap gains.
plus 40% income taxed before getting it.
plus the 6% state sales tax.


every 100gs is like 8k.

[Anonymous No.19938651]

>>19938299
Fucking what.......

[Anonymous No.19938669]

>>19938299
You have got to be joking.

[Anonymous No.19938685]

One word.
Scam
Do you get it you fucking retard?

[Anonymous No.19938691]

>>19936554
While you wait on Chainlink staking may I interest you in SUPER STAKING? 30% a month instead of 0.5%

>>19927515
>>19927515
>>19927515

[Anonymous No.19938704]

>>19936554
$20 a month
yes i understand
never buying

[Anonymous No.19938717]

>>19938669
He just fucking with you, if you hold for a year max you pay is 20 - 30% depending on state.

[Anonymous No.19938767]

Whats a minimum stack for steaking?

[Anonymous No.19938866]

>>19936554
no.
can you explain me? are you talking about staking ?

[Anonymous No.19938868]

>>19938220
Yes but what kind of returns are we going to get staking on something like linkpool?

[Anonymous No.19938881]

>>19938249
Isn't that why they're only circulating 350 mil right now?

[Anonymous No.19938916]

>>19938201
it'lll be very close to 6% i would imagine competing with other cryptocurrency staking coin.... anything above 3-4% is a win imo, because that puts it above any safe stock investment portfolio available at this time... if its 8-10% then it would the most sort after stock holding investment on the planet after successful real estate investments and lucky portfolio managers.

[Anonymous No.19938957]

>>19936642
>>19938299

Buy usdc from your bank using coinbase (0% fee). Yes you have to wait upwards of 10 days for it to clear, tho sometimes I have not had to wait. You should be regularly adding $ to your portfolio anyways.
Transfer usdc to binance (0% fee)
Buy XXX shitcoin on binance for 0.1% fee (or 0.075% if you hold BNB)
Sell XXX shitcoin on binance for 0.1% fee (or 0.075% if you hold BNB)
Transfer usdc to coinbase (0% fee)
Tranfer usdc to paypal (0% fee)

If you do it any other way your retarded.

[Anonymous No.19939003]

>>19936642
Binance.us, it has a direct USD/LINK pair.
Fuck cuckbase, they've banned me twice and have exorbitant fees.
Use a dex to trade shitcoins.

[Anonymous No.19939046]

>>19939003
>Fuck cuckbase, they've banned me twice
How does one get banned from an exchange?

[Anonymous No.19939053]

>>19939003
You don't have to use a .us even if you are a burger.
Im still using a non kyc normal binance account.
Unless you need the higher daily withdrawal lvl, or want support for futures, lending, ect it is not necessary. I have deposited and withdrawaled thousands with no issue.

[Anonymous No.19939124]

>>19938220
If I could permanently THIS any post ever on biz.. it would be this one!

THIS THIS THIS THIS THIS

[Anonymous No.19939134]

>>19939046
I used btc to buy/sell drugs, but I always used a desktop wallet as a middleman. They shouldn't have banned me. Plenty of other people have been banned that did no illegal activity whatsoever.
Coinbase also has a really long wait time whereas binance is instant, up to $1000.

[Anonymous No.19939141]

>>19938868
We don't know because it depends on how good the team are/how much business they have. It is likely that many of the big node teams will run their own staking services, and there will likely be services running on top of that to diversify staking income. This is the beauty of Chainlink - it will be staking for actual work, staking in a "true sense".

August 2017:

>"Oracles are the new miners in the blockchain world," Patrick Murck, special counsel at the New York law firm Cooley, recalls saying at a conference last year. "And I still believe that's true."

https://www.americanbanker.com/news/the-race-to-connect-smart-contracts-to-the-real-world

[Anonymous No.19939158]

>>19938201
Thinking of it as a % is incorrect. You need see how much it currently costs for different industries to do business and then guesstimate what a competitive cost cut that SC/link would provide.

I like using online gambling, because it's easy for brainlets to understand how SCs can completely take over. With verifiable randomness already implemented, this 60 billion dollar revenue industry can be taken over tomorrow. Operating costs are something like 75% of revenue, I forget off the top of my head...but for simplicity, chainlink lowers it down to 10% (obviously the casino operators would suck dick for even a 5% increase in profits aka 3 billion annually)...so they pay 6b for CL to handle the entire backend and payment processing, for a per link per year return of 17 dollars pre dilution. Again, a very welcomed saving's of 5 billion a year (40b operating costs) would yield 114 usd per link per year.

Keep in mind the total online gambling market is projected to double by 2023, so double those numbers. Then add in the 10+ other major industries with even higher operating costs and higher yearly revenues. Gets pretty promising rather quickly.

[Anonymous No.19939159]

>>19938767
None

[Anonymous No.19939161]

>>19938691
Balancer Labs makes me comfy.

[Anonymous No.19939187]

>>19936554
Implying chainlink will ever approve some racist neet to provide data with their KYC oracle “ solution “

[Anonymous No.19939220]

>>19939141
Exciting, just wish we'd get there already.

[Anonymous No.19939270]

>>19938299
sounds like a majorly shitty deal
just like when i bought some shitcoins
are people really in this BS anymore or is crypto like the power meme?
i don't get it - so valueless

[Anonymous No.19939308]

>>19939270
No one pays state sales tax on crypto. It's a meme post

[Anonymous No.19939321]

Oh, you mean like dividends? What % yield?

[Anonymous No.19939341]

>>19936554
>muh passive income
>muh same tactic used by nigger-tier shills
NGMI

[Anonymous No.19939383]

>>19938220
I dont understand why that would drive the price up

[Anonymous No.19939401]

Five dollars.

COULDN’T
EVEN
HAPPEN
WITH
A
CHINA
PARTNERSHIP

Do you understand now linkies?

[Anonymous No.19939424]

>>19939308
they ask you when you're doing your taxes if you bought crypto
wonder if they extend a deduction to retards who took out loans to buy this trash

[Anonymous No.19939432]

>>19939321
between 6% and 8% expected... but could also reach 10%+ yearly yields

[Anonymous No.19939499]

>>19939158
But do casinos want true randomness?

[Anonymous No.19939545]

>>19939158
>I like using online gambling, because it's easy for brainlets to understand how SCs can completely take over. With verifiable randomness already implemented, this 60 billion dollar revenue industry can be taken over tomorrow. Operating costs are something like 75% of revenue, I forget off the top of my head...but for simplicity, chainlink lowers it down to 10% (obviously the casino operators would suck dick for even a 5% increase in profits aka 3 billion annually)...so they pay 6b for CL to handle the entire backend and payment processing, for a per link per year return of 17 dollars pre dilution. Again, a very welcomed saving's of 5 billion a year (40b operating costs) would yield 114 usd per link per year.
>Keep in mind the total online gambling market is projected to double by 2023, so double those numbers. Then add in the 10+ other major industries with even higher operating costs and higher yearly revenues. Gets pretty promising rather quickly.
I think this is the most interesting part. Breaking down how link can be used by big players in every arena to cut down on operating costs and ensure smoother operations. It's truly insane. There are so many plausible future scenarios there's no way 1k isn't fud.

[Anonymous No.19939555]

>>19939158
So worst case scenario it cuts their expenses in half and comes to 20 bucks fully diluted. 10% roi puts the value at 200. Of course, there are some factors like those node rewards not being evenly distributed across the entirety of 1b tokens, but only going to the 5,10,100? lucky node operators that are selected by the casinos. This will skew the actual price of link from that 200, as the nodes/pools are probably making closer to 30 per link per year or w/e and people with access to those pools/nodes will demand more link (for more rewards personally). So you may not get that 20/year in steak...but the base price of your link will rise even more.

And again, that example is quite small on the scale of what SCs will take over. No, chainlink won't have a 1.2 quadrillion dollar mc because "muh derivatives", but it will make amazon look small.

[Anonymous No.19939563]

>>19939383
Open your mouth...
Here comes the spoon...

When chainlink staking comes out, Everybody will be staking their chainlink. With everybody staking their chainlink there will be fewer coins on the exchanges. Fewer coins on the exchanges means price will go parabolic as supply will not be able to keep up with demand.

[Anonymous No.19939632]

>>19939563
Also to point out the obvious, number go up, staking payout can be in link which is an appreciating asset. When you know you know.

[Anonymous No.19939645]

>>19936554
Hello neighbour, what's that other neighbour talking about Link dumping? You can come stake your little boy Linkies in here for 7% a week in BAL tokens if you want. BAL is pumping.

https://noproxy.pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

https://medium.com/@stateraproject/providing-liquidity-for-sta-with-one-token-on-balancer-lp-53356297a1ea

[Anonymous No.19939699]

>>19939499
Sure, when the game is mathematically rigged for the house to win anyways, why not? A SC based online casino is completely transparent, which is good for fish/boomers...you can prove that the house isn't cheating. It automates so much, and crypto tokenization/swift gpi/PayPal integrated payments makes deposit and cash out an instantaneous breeze vs the current system of having to find some shady offshore bank to process wires like cassinos do now.

All of this is integrated, automated, and replaces your thousands of employees doing most of this shit manually

[Anonymous No.19939743]

>>19938220

I agree but if you look at the pivotal tracker, staking is no where close. Looks like theres about 50% more jobs in the icebox that needs to be completed.

Until then, it's a bleeding token

[Anonymous No.19939848]

>>19938651
>>19938669
>taxes exist? wtf... ur kidding me...

[Anonymous No.19939865]

>>19939401
>de partnerships ,, sir ,, this coin is having this partnerships ,, ! partnership is meaning the price increase ! and news is making this price increase ,, i increased

[Anonymous No.19939882]

>>19939401
seriously it amazes me how fucking stupid you slavs and other third worlders are, you have a literal toddler's understanding of how markets work

I hear Activision is announcing the next Call of Duty next week, go buy ATVI now! Big announcement soon sir!

[Anonymous No.19939902]

>>19939882
What will get it over $5 then

[Anonymous No.19939963]

>>19939699
>>19939632
>>19939563
Neat
I'll keep my stack safe then

[Anonymous No.19939965]

>>19938220
Everyone and their grandma already bought. Imagine running off year old coinbase listing fumes.

[Anonymous No.19940291]

>>19939965
lol
wait until institutions start buying in as adoption occurs.

[Anonymous No.19940294]

>>19939902

Launch of Staking and significant link rewards being paid off the node operators.

Rewards seems slow but may be what is making the coin price stable- someone correct me if I'm wrong here

[Anonymous No.19941135]

>>19938160
Fucking kek

[Anonymous No.19941225]

>>19938299
Yeah if you live in a shit hole.

[Anonymous No.19941243]

>>19938220
>Imagine selling chainlink, before staking goes live.
They said that about the halving.

[Anonymous No.19941265]

>>19938220
I buy shitcoins to help me get more chainlink and pay the eth gas.
Sucks to be a poorfag, but um already over 2k and 0,8 LP

[Anonymous No.19941302]

>>19938220
Ant Chairs vibes.

[Anonymous No.19941618]

staking meme will be the biggest short opportunity

first price will be overpriced for the actual yield that nodes would actually get except the few verified OG nodes to test trial products

newfags buy into the hype as trannies shill relentlessly on biz, only to realise theyre earning 0.5 link per month, by that time it's already too late as the token dumps 50% in value , and then 25% more to capitulate all the newfags before resuming another pnd cycle

you're welcome

[Anonymous No.19941763]

>>19939743
Yeah, bleeding upwards

[Anonymous No.19941777]

>>19941265
Keep it up, we might let you on the yacht after all.

[Anonymous No.19941845]

You guys ate stupid. There will be not enough jobs for all of us. .00000000000001 link. Is what you'll get because of all the competing nodes Wow cool

[Anonymous No.19942382]

>>19941845
based retard

[Anonymous No.19942427]

>>19939563
Tell me more about wLINK on other chains and how that will effect supply and demandings.

[Anonymous No.19942511]

>>19941845
we ate stupid alright, stupid fat stinky stacks of linkies

[Anonymous No.19942591]

>>19936554
how do i get/setup a link node?

[Anonymous No.19942797]

>>19936554
So when does staking come?

[Anonymous No.19942818]

>>19938220
Where will be the best place to stake link with the highest rewards? im getting 4% now on CDC but if i can get better.. i will move my stack

[Anonymous No.19942831]

>>19938249
Price pump to the moon

[Anonymous No.19943124]

>>19941777
Digits confirm anon is on his way. I sold some of my stack for DMG but only want it to increase profits to buy more Link later. Everytime I swing other coins it's always for more link or btc

[Anonymous No.19943234]

>>19939432
Based on what?

[Anonymous No.19943247]

>>19939563
How does one stake?

[Anonymous No.19943253]

>>19939743
when i checked a couple dsys ago it was 11 items on pivotal.

That is nowhere near 50%

[Anonymous No.19943369]

>>19943253
Not sure what ganja you're smoking if you dont mind sharing because I would love to be in another dimension.

34 jobs left in pivotal to be done and 26 completed. How are you getting 11?

[Anonymous No.19943432]

>>19936554
i get passive income from divvies and drip though. have been for years.

[Anonymous No.19943433]

>>19943369
>34 jobs left in pivotal to be done and 26 completed.
GOD HURRY UP GUYS

[Anonymous No.19943506]

>>19943124
Don't dirty up my digits with your disgusting scam you piece of shit.

[Anonymous No.19943530]

>>19943369
how long do you think it'll take to complete? eoy?

[Anonymous No.19943540]

>>19943530
People smarter than me dont even know.

[Anonymous No.19943572]

>>19943530
Sergay said "soon" about a month ago. That's all we know.

[Anonymous No.19943950]

>>19938220
>That means there are a finite amount of payouts possible.
I never thought about this. This means literally price must increase exponentially as network grows. How is that even possible I don’t think it is and that statement is incorrect.

[Anonymous No.19943997]

>>19939743
> he still thinks the team uses Pivotal to track their progress

[Anonymous No.19944002]

>>19943950
Nope

[Anonymous No.19944047]

I'm guessing the average staking pool will be somewhere between 6-8%

[Anonymous No.19944424]

>>19938220
Back in 2018 80% of Tezos was being staked.
Imagine if 80% of link's 350 million circulating was locked up in nodes... only 70 million tokens circulating.

[Anonymous No.19944916]

>>19943369
>>19943530
>>19943253
>>19943572
This was from late May
>In the coming months
My guess is by mid August staking will be live, but not for neet nodes just for trusted KYC nodes and hopefully linkpool. They'll open up staking in stages.

[Anonymous No.19945065]

>>19941777
checked, linkmarine

>>19938220
>>19939563
staking is easily done with wallet apps. They will all eventually support the one, true token with staking - Link. Cosmostation is a great app for staking. Trustwallet also supports staking for some coins right now. You need to explore crypto deeper

[Anonymous No.19945132]

>>19945065
>you need to watch my favorite cryptographic technician on viewer for the tubes named Tyler Chico.

[Anonymous No.19945169]

>>19936554
I DONT CARE

THERE WORDS

FUCKING EXIT SCAM