Chainlink will make a lot of us wealthier than we could have ever imagined.
What's your excuse for not buying link nolinkers?
Chainlink will make a lot of us wealthier than we could have ever imagined.
What's your excuse for not buying link nolinkers?
too busy with claiming haircombs
peepee poopoo
This post and every pajeet post like it
or maybe it doesnt, ever thought about that possibility?
Sergey and the whales have enough tokens to suppress the price for the next 50 years if they really want to.
sure if you have like 50k+ chainlink tokens already yeah you probably gonna make it, everything lower than that and its already not even worth it. like if you can only afford 5000 Link, you never make it with that, not in the next 10 years.
so my reason for not buying Link is it just takes way too long and I'm gonna try my Luck with other shitcoins (which worked great so far).
>We need the price of Link to rise in order to cover the collateral of multi-million dollar contacts
>Let's suppress the price
I have 5k LINK. I feel really inadequate about it, especially since I bought my first bag in 2017. But still I know this is my surest bet. I'm also gambling on other DeFi projects now since they have been mooning left and right but that 5k won't be touched until high double digits, maybe even triple digits.
> What's your excuse for not buying link nolinkers?
Didn't buy subdollar, ain't gonna go much higher
Capped.
Based.
7000000000 tokens held by team. Fuck off
7.8k LINK enough to be comfy?
>in order to cover the collateral of multi-million dollar contacts
Thats not how its going to work, you wont need to cover the entire value of the smart contract with the collateral and it depends on the contract and how much they are willing to pay for security/decentralization.
its basically like Fractional-reserve banking, the nodes only need like 10% of the contract or something and these 10% will be spread out over many many nodes.
and thanks to smart contracts you will also be able to put other things up as collateral too like other tokens or assets.
so yes they can suppress the price for a long fucking time. its also idiotic to think that the team wont dump some more 700k batches once the price starts rising again, they need to fund their operation somehow and grow the business and everytime they sell some it takes longer for you to make it and with a tiny Link stack this will take a really long time.
its a good bet sure but to make it in this decade you need at least 50k tokens or so
my bags are packed, i would long on aave but i don't wanna get liq'd on rona wave #2, if it doesn't happen then so be it my bags are already sufficiently large
Link is a whales game. As soon as the tides shift anons will get crushed . A 10k stack is minuscule
This is my biggest concern. I have a big lump of cash waiting on the sidelines but I don't want to get rekt by another possible rona panic dump. I'm kinda hoping it happens so I can catch that sweet sweet bottom (or a knife, who knows)
Honest question, are you buying in the anticipation of staking? Dont see another reason to hold this token.
Keep stacking, don’t listen to this faggot. If he can predict the future he wouldn’t even be on this site, he’d be on the top of the goldman building in NYC getting his dick sucked by interns.
>sure if you have like 50k+ chainlink tokens already yeah you probably gonna make it, everything lower than that and its already not even worth it. like if you can only afford 5000 Link, you never make it with that, not in the next 10 years.
It depends on what making is to you. It's possible that LINK might not even exist in 10 years, so idk what you're talking about.
Nope. I'm not interested in running a node nor will I jump through hoops in order to stake. If I'm ever going to stake my LINK, it will be through a normie service like Coinbase. I hold LINK because I am 100% certain it will appreciate in value.
the opportunity cost of not putting that money elsewhere that is more profitable on the hopes that Link blows through the roof like bitcoin is immense considering that will never happen again. You'd be much better off just day trading any volatility on link than actually holding it long term.
But why would it appreciate they give tokens away to any large consumers
It will appreciate as long as there are more buyers than sellers. That's how price discovery works. Sure Chainlink will be "giving" away tokens to incentive the network, but what makes you think that the recipients will be immediately dumping those tokens?
Is that you Joe macaroni?
It was in the white paper that they were going to be used in boot straping the network.
she looks like a dry-heaving cat
Yes, exactly.
who is this
My excuse is that it’s entirely dependent on the survival and usage of Ethereum, a literal shitcoin that has been proven to be inferior by companies that have been forced to switch to other options as it is beneficial in almost every other way to switch off.
TLDR: Link is literally a subset of Ethereum and Ethereum has already lost on several occasions due to better tech
Blockchain agnostic tho, and is already being used by non-eth blockchains.
waiting for the last dip before the last pump
>He doesn't know
Bought almost a suicide stack in case linkpilled schizos are right also have an XRP stack in case 2k September switch gets flipped