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/biz/ - Business & Finance


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55770298 No.55770298 [Reply] [Original]

And all you had to do was nothing. How easy is this?

>> No.55770305

>>55770298
>2030
>people are sharing screenshots that are the equivalent of someone staking 7,000 BTC at $50,000 and earning 200 in rewards
>nice inspect element retard there's no way you have that much LINK
I won't read the messages from my yacht, but I'll know that's what everyone is saying.

>> No.55770342

>>55770298
It's easy, I'm only adding 100 a month.

Wonder what that buys me next bullrun

>> No.55770852

Enjoy the dumps boys

>> No.55770859

>>55770305
I'll be here making fun of fuddies

>> No.55770866

>>55770859
They'll all be long dead. They're barely coping in their dream bear market.

>> No.55771589

>7000 LINK on August 7, 2020 = $70000
>7000 LINK on August 7, 2023 = $50190

Nice! Ok but let's put $70000 into MATIC on that date instead

>MATIC on August 7, 2020: $0.02 = 3,500,000 MATIC
>MATIC on August 7, 2023: $0.66
>3,500,000 MATIC now worth $2,310,000

>> No.55771601

SERGEY BETRAY

>> No.55771664

>>55771589
I gotta hand it to you, clairvoyance is better than LINK staking, that's a pretty good point.

>> No.55771667

>>55771589
How much money do you have?

>> No.55771875

>>55771667
More than what 3,500,000 MATIC is worth, because I know crypto is all about short term profits. Staking is for retards

>> No.55772548
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55772548

>>55770305
amen brother

>> No.55772684

>>55771664
>clairvoyance is better than LINK staking
anything is better than LINK staking at this point

>> No.55772710 [DELETED] 

If I put an extra thick sharpie in my pooper would someone give me 7.5k?

>> No.55772866

>>55772684
You can't stake any Link at this point so you have no option there. What are you invested in?

>> No.55772930

>2053
>link is up 2000%, now a nosebleed 7 dollars from it's full retracement to 17 cents over the course of the past 2 decades.
>staking v0.34 just around the corner, soon stakers will finally be able to withdrawl their staked link. Build rewards to come eventually.
>Chris barret still posting pictures of himself shirtless running on beaches

>> No.55773054

>>55772930
Kek

>> No.55773071
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55773071

Put on the cuck cage baggie

>> No.55773202

>>55773071
What do you invest in, apart from Link?

>> No.55773217
File: 426 KB, 1074x950, 1691427460939.png [View same] [iqdb] [saucenao] [google]
55773217

>>55773202
Bitcoin. which totally btfos chainlink
(Bought at $400 btw)

>> No.55773242

>>55773217
>Bitcoin
KEK
Oh my days lol

>> No.55773259

>>55770305
i know everyone wants to huff the hopium, but maybe you should lower your expectations and maybe have a plan B that isn't your crypto bag

>> No.55773359

>>55773242
Pull up the link/btc chart if you really want some laughs

>> No.55773388

Do retards really think they're going to be able to migrate 7k+ LINK into any finalized version of auto-delegation?
You get your early rewards and build rewards but lmao @ any linkie who thinks they're going to get perpetual stake. There will be a queue and institutions will be first in line for any staking that isn't just subsidy LINK entering the circulating supply.

>> No.55773421

>>55773388
What difference does it make to chanlink if it's institutions or laymen staking? A staked link is a staked link

>> No.55773489

>>55773421
Institutions connect, individuals stagnate.
My bet is a queue is added at some version upgrade after build rewards release, and migration to that reward version will force 7k stakers reduce their allocations.
t. 5k LINK on staking.chain.link

>> No.55773517

>>55773489
>Institutions connect, individuals stagnate

I'm sorry I just genuinely don't understand what your trying to say. Your talking about x amount of link staked by either and individual or an organisation. How would the network know between the two , and how does an institution staking connect? It's all just in a wallet somewhere. Fundamentally, there's no difference between my wallet and Citibank's wallet (?)

>> No.55773524

>>55773421
you think institutions have the same access/treatment as retail? lmao

like saying that institutions buy BTC through the same retail Binance account like you because "a dollar is a dollar". OTC deals exist for a reason

>> No.55773538

>>55773217
I bought some BTC at $300
I didn't think it had value outside of certain transactions because of the walled garden issue, so I didn't have any real interest in it at the time.
But Chainlink literally solves that walled garden issue for cryptos, and I'm very glad I was able to see it early even if I missed BTC. I didn't realize that all of finance is walled gardens back then ;.;

>> No.55773581

>>55773517
Institutions headhunt individuals, either directly or indirectly.
If LINK is $100 and a staking version comes out that limits you to migrate 6k LINK and take back your 1k+interest, will you really be that upset? It will please the institutions more than it would upset any of you.

>> No.55773600

>>55773581
*granted that build rewards have dropped by the time this occurs
We get some subsidy circulating supply and access to a whole bunch of tokens, no way we get to sit on our asses forever though.

>> No.55773690

>>55773359
Bitcoin ambitions are about $150k peak next bull, or 5x
If you think Link can't pull that you're a complete gibbering retard or a lying fudder, or maybe even both

>> No.55773697

You needed at least 10,000 dollars to buy a make it stack of 50,000 link in 2017 and be certain that buying a token which was dumping horribly when bitchhoin was crashing to zero in 2018 would go back up again and not paper hand it like a bitch.

I will admit that when Trump was president the economy was a lot better so it was easier to come by money and just yolo it into random shit hoping for the best though so maybe it made a lot of sense at the time to wagies desperate to stop being a 35yo KHHV and become rich like Sergey.

>> No.55773707

>>55773697
I only have 100k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. I need to make it to 300k before mainnet for fucks sake. Link is only going to $10 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then inflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 10 years that 70k a year will feel like 20k a year. You need a minimum of 2MM, but more likely 3MM to make it. The upper predictions for Link where about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen anymore.

The singularity is cancelled. Now we will have a slow growth to $10. And the sad but ironic thing is most people on this board will hold from 20 cents, to $10 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $10. Looking at the current charts depresses the fuck out of me when I know I only have 100k Link, nowhere near enough to make it.

At best I will have 1-2 sweet years, and then return to wagecucking after that. But it will be worse because I will have tasted freedom and know what I am missing out on.

>> No.55773708

>>55770305
Definitely dude, something with millions of tokens which get dumped every howeverwhenever by sergey will easily have a marketcap that far exceeds bitcoin.

>> No.55773723

>>55773707
Most realistic link marine.

>> No.55773829

>>55772684
haha, nice

>> No.55773857

>>55773388
>Do retards really think they're going to be able to migrate 7k+ LINK into any finalized version of auto-delegation?
Thanks for confirming that you believe this will happen. Nice phrasing.

>> No.55774082

>>55770305
meanwhile in reality

>2030
>The last remaining Linkmarines are gathered under a bridge in San Francisco
>"a a are you done with that" asks one of them as he points towards a half eaten banana just thrown in the garbage
>token price: n/a - this token has been removed from CMC

>> No.55774426

>>55773857
No dude I'm high IQ as fuck.
But the fact that nobody seem to be willing to address or refute the idea having to withdraw some of their stake as versions progress makes me think they're scared of it.

>> No.55774451

>>55773690
>btc 2020: $9000
>link 2023: $7

>btc 2023 $29000
>link 2020 $7

>> No.55774944

>>55774451
>btc sep 2017 $14000
>link sep 2017 $0.10

>btc 2023 $29000
>link 2023 $7

BTC 2.1x
LINK 70x

Kek go figure loser boi

>> No.55775026
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55775026

>>55770298
I bought the X shitcoin because i thought most anons would bandwaggon thanks to elon and i was right. Now im sitting in a pile of 50k and i don't know if i should wait or sell.
Then magically most anons start talking about some cult like conspiracy surrounding the token and i got cold feet selling and now i don't know what to do. What if im at the start of something big and i actually bought early? Should i hold bros? is this how building generational wealth starts?

>> No.55775040

>>55774426
>scared of it
Yes, i'm absolutely petrified and can't bring myself to think of how awful it's going to be. You've broken the taboo, anon. Well done there. Should we all just sell?

>> No.55775113

>>55775040
Hell no, LINK is a good asset, I'm just trying to keep euphoric staker smugness in check.
It's okay to be smug, but be realistic about it.

>> No.55775141

>>55775113
So you think it'll be bye-bye community pool, it's been nice knowing you but we must put corporate clients' interests in front of yours so tough shit see you later?
Interesting hypothesis.

>> No.55775267
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55775267

>>55775141
No, but the stated "may evolve into auto-delegation" indicates there may be some form of staking.chain.link contract persistence past the circulating supply subsidy.
Considering the fact that as delegated stake the community pool would be at risk of slashing if it loans it's stake to untrustworthy or unreliable nodes, it really doesn't make sense to centralize the staking limits to initial holders, unless of course you have a plan to get them slashed.

>> No.55775371

>>55775267
>if it loans it's stake to untrustworthy or unreliable nodes
then avoid doing that
>unless of course you have a plan to get them slashed
I have a plan to have insurance against being slashed

>> No.55775403
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55775403

>>55775371
"auto delegated" sounds like it's going to be going to nodes running out of the smokiest, vapiest, most humid NEET bedrooms available.

>> No.55775450

>>55775403
Why don't you get in touch with Chainlink and warn them of this? They've no doubt completely overlooked it and will thank you profusely for saving the project from what may have proved an embarrassing episode.

>> No.55775458

>>55770305
holy delusion
more like 2030, people are looking back and laughing at tards here who think their chuck-e-cheese tokens are worth anything

>> No.55775467

>>55774944
except everyone here bought link while it was in the $20-$50 range
>inb4 no, everyone here exclusively bought in 2018 or before!! no one here purchased any link for the last 4 years! check mate haha!

>> No.55775538

>>55775467
I have 60k Link and didn't pay for any of them in that range. I don't know where you're getting the info that 'everyone' did. I'm not sure anyone did, desu.
I know you're obsessed with Link and probably own a fair amount of it, so there's not really any value in us continuing this stupid convo. I know you're likely as bored waiting as I am, but you could at least be cool instead of behaving like a dickhead. I suppose you enjoy it though, right?

>> No.55775554

>>55775538
>>no one here purchased any link for the last 4 years! check mate haha!
yup typical link baggot response. haha me too fellow marine, im so glad we didnt buy any chainlink despite constantly posting about how it would go to $1000 eoy

>> No.55775589

>>55775554
>me too fellow marine
Yeh, figured you were. I suppose we're all marines together, though. All for one? Let's hope it plays out as we all dream of. Cheers fella

>> No.55776536

>>55775450
The free market will sort it out
By getting people slashed

>> No.55776843

>>55773388
Wild bullshit speculation. We're already in the pool and just because you were too afraid to stake more than 5% of your stack changes nothing. If what you claim is even remotely true then long term holders wouldn't have been given preference. Then you could say "well Sergey was just throwing you a bone", another bullshit speculation. Long term holders are given preference until demonstrated otherwise.

>> No.55776902
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55776902

>>55776843
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

>> No.55776957

>>55776902
>I'm more qualified
>I work in teh industry
>I know things

You know jack shit buddy and none of you're experience means anything. You're wall of text pseudo-fud is convincing no one and congratulations on wasting your time typing it out.

>I'm actually high iq
>I hold 100k link

You're a clown.

>> No.55776960

>>55776843
I've also heard through my exclusive secret hidden backroom channels that one of the first BUILD partners (steadefi) has already collapsed
You can say I'm some kind of crypto elite and have a lot more knowledge than you, kiddo

>> No.55776962

>>55770298
My Robinhood account is fdic insured and returns 4.9%apy. I also pay no fees for transferring money to and from the bank

>> No.55776970

>>55776960
Lol, lmao.

>> No.55776977
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55776977

>>55776962
f this dic
deeez nutz

>> No.55777282
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55777282

>>55774944
>all time roi btc: +47,000,000%
>all time roi link: +3700%
You can go cry now! Ohhhhh linkcels are you okay? You actually bought a premined shitcoin instead of the king?! oh no no! Hahahhahahhaha

>> No.55778235

Chainlink question: How will chainlink make money off of private blockchains?

If an enterprise wanted to use chainlink on their own private permissioned blockchain, how would they pay the fees to use the oracles and stuff?

>> No.55778507

>>55776843
god you chainlink jews glow in the fucking dark

>> No.55778816

>>55778507
Post nose

>> No.55779176

>>55776957
Try being less new

>> No.55779189

is staking 3.5k enough to make it bros?