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/biz/ - Business & Finance


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50824639 No.50824639 [Reply] [Original]

If biz wildest dreams come true and link reaches $1k and you can somehow stake all your linkies in a node that takes no fees and the tax rate is only 30%, in this dreamlike scenario your suicide stack would give you...

>less than $3k a month

Hahahaha oh nonononono this is too damn funny linkies really are something else. Wait till they understand they can't stake all their linkies and if they don't have any lpl they'll have to share their apy with the node op oh gosh this is hilarious

>> No.50824675

Why are you like this

>> No.50824716

>lpl

A moment of silence for those that bought knitted shovel covers instead of shovels

>> No.50824795

>>50824675
What do you mean?

>> No.50824858

>>50824639
>LINK stack 1000
LOL

>> No.50824890

>>50824795
Why are you the way that you are? Honestly, every time I try to do something fun or exciting, you make it not that way.

>> No.50824978

>>50824639
hahaha imagine not having over 10k

>> No.50825002

>>50824716
It gives you access to their node revenue without fees (once you've bought the token) that's exactly what stakers want what's your issue I don't understand your analogy.

>Inb4 vague answer that does not point any precise issue with lpl


>>50824890
Maths aren't supposed to be fun, they're tools to help you planning. Plan accordingly

>> No.50825022

>>50824639
suicide stack is and always was 10k
link will probably top out in low triple digit area
which gives you around a million or two
enough not to suicide because you knew about since 5 years
but not enough to make it like 100k

>> No.50825034
File: 60 KB, 929x1175, 1659984923240752.jpg [View same] [iqdb] [saucenao] [google]
50825034

>This scenario gives me a 80k/month of passive income out of my 10k investment

>> No.50825046

>>50825002
Lpl is not required in any way shape or form to stake link, every penny spent on lpl would have been better spent on tokens

Also I hear johnny rims horses?

You should sell while prices are this low and get a small stack of link instead, best advice I can give

>> No.50825073

>1k
this isn't Twitter, punk

>> No.50825084

>>50825002
you're paying them to take your link tokens. it's the stupidest concept i've ever heard of

>> No.50825098

>>50824639
>Hahahaha oh nonononono this is too damn funny
STOP LAUGHING AT US YOU GODDAMN BULGARIAN ASSHOLE

>> No.50825129

>>50824639
No one on here has less than 5k LINK

>> No.50825253

>>50825046
>Lpl is not required in any way shape or form to stake link

Oh yeah, is that right? Unless youre running your own node that's factually not correct. You clearly have no idea how Chainlink works, you need to run a node to receive staking rewards in the form of fees. But go on prove me wrong, tell me what node offers you a spot right now, no hypothetical future node, which one right now?

>> No.50825268

>>50825084
It really is very dumb. And it shows how little they understand the project that they actually think access to staking pools will have higher demand than access to link token collateral. I mean, if link is at 1k even at the early stages of network demand, it means the only tokens available for sale on the open market are staking rewards. If the argument was “ lpl will have preferred access to high paying jobs at the early stages of staking when rewards will be disproportionately large in absolute terms of link tokens earned” maybe they’d have a point. But I see no evidence of that either.

>> No.50825302

>>50824639
>link suicide stack
>1k

Top kek, you newfags actually fell for that? 10k was always the suicide stack. $30k/month sounds pretty fucking sweet to me

>> No.50825333

>>50824639
3k is 4 times what I spend in a month.

>> No.50825357

Wait this is a fud thread? I looked at the image first and got hard lol

>> No.50825367

>>50825253
Nobody is listening to your bullshit you dumb nigger, our bags are packed and either way we're headed for the moon

>> No.50825372

>>50825268
And her comes the midwit take. You obviously haven't thought that through.

In that scenario where link is in so high demand that node ops want your link, the issue is that if there's no user cap on the pool your rewards get diluted. You will have to stake with every crypto twitter f*moid and ar*b teenager that just discovered link gives you apy

>> No.50825405

>>50824639
Did you mean 40k per month? Because most oldfags here have at least 10k linkies.

>> No.50825417

>>50825367
>lpl is not needed
>ok give me an alternative
>goes into a blind rage

Lol, nopoolers really are living a stressful life

>> No.50825435
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50825435

>>50824639
30k a year passive income is comfy

>> No.50825444
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50825444

>>50824639
>invest $10k in LINK to get 1k suicide stack
>$30k per year in perpetuity from staking
this is FUD?

>> No.50825468

>>50825405
Exactly. This pajeet trying to fud us by saying well barely get anything from staking, meanwhile most link holders on biz will be looking at $50k/month+
Top kek

>> No.50825505

>>50825468
And that's for shitty 5% nodes kek

>> No.50825532

>>50824639
>Suicide stack is 1k
Yuwot. It's been 10k and always has been 10k.

>> No.50825550

>>50825444
Its the stage we're at now anon

>> No.50825560

>Nevering having to work again from a 1k investment is... LE BAD

>> No.50825626

>>50825560
Lol good luck raising a family with less than $3k a month (and that's IF, big IF) Chainlink goes to $1k and you bought enough lpl

>> No.50825629
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50825629

>>50824639
>$1000
>wildest dreams

Try $81000

>> No.50825649

>>50824639
I have about 4k, so I need $400 LINK and 4% interest to be comfy. I like that symmetry.

>> No.50825697

i have a brainlet question
Let's imagine that there are 10 nodes, each of them worth 1 million dollars. According tu super linear staking in order to bribe them to give false data that you would need not 10, but 10^2 million dollars
It rises quickly and in order to bribe 33 nodes with 1 million each you would need billion dollars etc.

Doesn't that lower the need for the token dramatically ?

>> No.50825756

>>50825697
the token is the collateral

>> No.50825799

>>50825697
It lowers the amount of link required to be staked on each individual node, yes. However, nodes will be competing with each other for those jobs. Staking more link is one of the ways that nodes can compete for jobs. So super linear shouldn’t be bad for token price, especially in the long term

>> No.50826065

>>50825626
>I HAVE TO LIVE IN A VIOLENT AND POLLUTED METROPOLIS IN THE JEWNITED STATES

>> No.50826147

>>50825697
>Why don't we just charge a gorillion dollar for our product, surely that will make us rich!

>> No.50826719

I see nothing but bullish info ITT

Thanks OP

>> No.50826910

>>50826719
Cope

>> No.50826962
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50826962

>>50825444 checked
>>50825550 bulgarians are in bargaining stage.
>>50825629
acceptance coming soon.

>> No.50827010

Most people here have 50k+ stacks

>> No.50827084

>>50824639
Are you telling me that if I put a measly 1000 bucks into link years ago at 1 dollar, forgot about it, that I’ll soon have an entire mortgage payment coming in every month in passive income? And if I put 3000 dollars in at that price (which I did) I’ll have 9000 dollars a month? And even if a shared half of my fees with the node I still have enough passive income to pay the mortgage on a beachside condo in California and just work as a bartender for extra cash and free pussy for the rest of my life?? Holy shit I fucking made it!!!

>> No.50827164

>>50824639
I’ll make $60k a month when LINK hits $1000. Holy fuck.

>> No.50827182

1k LINK equals 3k per month? And that is assuming it stabilizes at $1000 per LINK.

Kek are these stinking gypsies really trying to FUD using this narrative?

Lol, lmao even

When LINK breaches 1k, it WILL reach 2k, 3k, etc. and assuming the yields compress, you are looking at an increasing monthly payout. Newfags with 1k stacks or less: do NOT get demoralized and acquire as much LINK as you can. Even with your stacks, you will reach a comfy 5k per month AFTER TAX doing FUCK ALL. Go ahead and tell me that is not enough.

>> No.50827194

>>50824639
>wildest dreams
>not 264k/month

>> No.50827195

>>50827182
5k a month is only like 60k a year which is pointless. Literally not worth investing in link

>> No.50827228

>>50827195
This
You need to make like, 100k a month to live like a middle class.

>> No.50827266

>>50827195
And how are you supposed to have time for a job to supplement your Income with all the effort it takes to stake your link? Honestly just better off being a wagie than a link holder

>> No.50827341

>>50827195
meanwhile at my 50k a year wagie job....

>> No.50828178

>>50824639
i dont know why you guys get excited, this will get taxed to death once it gets released, thats why its taking so long, working with wef and banks comes with a price, and that price will be paid by link marines, you wont be free from their claws.

>> No.50828216

>>50824639
I'm only going to stak 100 link and live in the ghetto. It's all good!

>> No.50828274

>>50828178
>damn it FUD isnt working simeon
>quick! Make up some bullshit, idk… TAX!! That’s it. Run the story that it’ll get taxed violently, let’s see if it sticks

You are swimming in quicksand and each move brings you closer to the vortex. Nobody is selling, you stupid fucks. You stick out like a sore thumb.

>> No.50828363

>>50824639
Why such a poorfag stack?
You can surely take a loan for 30k and buy 5000 LINK at $6.
That's what I would consider the minimum investment for someone who started now.

Also $2000 should be possible after some time and 1 million is still a very good start for financial independence.

>> No.50828424
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50828424

>>50825444
checked

>> No.50828509

>>50828274
not fud, i legit wonder how this is going to get taxed, if you think government will let people get $50k+ montlhy doing nothing you are:
1)retarded
2)gay
3)schizo
i think you are the three of them but who knows

>> No.50828664

>>50828509
I think you are an absolutely clueless mongoloid. There are people right now getting upwards of 30k in monthly dividends and it is getting taxed accordingly. The tax code doesn’t get rewritten because you are a paranoid fuck that believes the government will go out of its way to increase taxes on LINK staking and only LINK staking. If you truly believe that you are beyond help. But you don’t believe it because you are a bottom of the barrel gypsy $0.20-a-post FUDder.

>> No.50828714

>>50824795
You're a sad, bitter, lonely loser. I imagine the forced, hollow laughs you had when you created this thread are the only laughs you've had this week. It takes a special type of cunt to derive joy from the pain of those fellow anons who are only trying to make it, and you are that cunt. I know you're poor, too, because nobody who has a life and has shit going for them has time for this. I hope things improve for you, and that you can come to terms with your shit life and how best to turn it around. Good luck.

>> No.50828761

a lot of butthurt holders itt

>> No.50828897

>>50824858
/thread/

>> No.50828928
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50828928

>>50828714
are you okay, marine ?

>> No.50828965

>>50824639
>wildest dreams come true
>link reaches $1k
lol? link reaching $1k would be a worst case scenario, we already know it will go much higher than that fucking retarded newfag. we also know for a fact that we will get more than 5%

>> No.50828966

>>50824639
I'll sell at $1k, put my earnings in an index fund and move to Mexico or Thailand and live happily ever after.

>> No.50829013

>>50824639
>Steaking apy

>> No.50829047
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50829047

>>50828714
Go to bed anon

>> No.50829128
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50829128

Wow over $100k/month for a Major? That can't be correct. I got so caught up in accumulating and the memes that I never actually calculated how much money I'd have. wtf am I going to do with all that money?

>> No.50829894

>>50825626
You're making lpl holders look bad with your silliness.
T.
>5k link 0.5lpl

>> No.50829925

>>50827182
Most based post in this thread. Gatekeeper le bad.

>> No.50830197

>>50825372

more link = more link to stake = higher security guarantee = better jobs = more revenue.

>> No.50831014

Damn, I'm only going to get $230,000 (two hundred and thirty thousand) United States Dollars for my Chainlink (ticker: LINK) tokens. It is over, I will be now logging it to my Binance account and immediately market selling my entire Chainlink (ticker: LINK) stack. Thank you for your deep analysis, and more importantly, caring for my financial well being OP.

>> No.50833132
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50833132

>>50825629
this
1k is literally a given at this point, as in not worth talking about
The more interesting debate now is if/when link is going to go past 50k

>> No.50834343

>>50827228
100k? Lol. I won't even get out of the oven for less than 6 gorillion/month my goy.

>> No.50834808

can someone explain to me how staking is going to get taxed?? surely transfering thousands of dollars to your ban account monthly will raise some red flags?

>> No.50834825

>>50834808
If you're an ozfag, like income.

>> No.50835858

>>50834808
Some people legit get paid millions in dividends every month why the fuck are you stressing? Why do you think you're so special? Relax.

>> No.50836353

>>50834808
Chainlink staking from the general public will be banned in future once they discover the yields people are making from it and all chainlink tokens you own will be forcibly transferred to the government.