Is 14k LINK, 1 LP enough to make it?

Is 14k LINK, 1 LP enough to make it?

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wtf did sergey mean by this?

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if you don't know the answer yourself, then you probably won't make it.

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CHECKED
YES YOU FUCKING FAGGOT YOU'RE GOING TO MAKE IT I LOVE YOU WE'RE ALL IN THIS TOGETHER STOP DOUBTING AND INJECTING NEGATIVITY INTO THIS BOARD STAY POSITIVE AND
HODL
THE
FUCK
OUT
OF
LINK
YOU
FAGGOT
LOVE YOU

Sergey has already addressed this FUD

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Sell the LP for another 1K link to make a comfy 15K stack. LP is a fucking scam. You will be able to stake for free on other platforms. Just stack as much LINK as possible right now

I MEANT FOR YOU

If you wanna make it honestly learn how to trade futures, you can leverage with link on Phemex with up to 20x leverage...higher risk, higher rewards

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This is not really true, staking returns will be a lot lower on free/easy to stake platforms compared to LP.

Fuck off.

you already made it user

Imagine believing this lmao

I am already making 8% annual returns, paid in LINK via crypto.com. Cope.

Keep stacking LP, cvckold. Meanwhile I am close to six figure LINK because I focused on that exclusively.

Linkpool is literally the worst investment possible. Just sell it and buy LINK. You’ll be able to delegate LINK without some shitty token, staking isn’t even released. What if their service fucking sucks? Just buy LINK

>crypto.com

Not your keys, not your crypto.
8% interest for lending link is not sustainable and its being subsidised by the rest of the business

Yes it is enough. If you want even more gains try to get some xsn Masternodes ontop of what you already have.

yeah then you can send your 14k through the giveaway and get 28k. plenty enough to make it

Yep. Nobody is paying 8+ % APR to borrow LINK. Their model is unsustainable if anything goes wrong, say goodbye to your links and any other crypto you have on there.

>buy LP for one ETH
>LP now worth 52 ETH

>Linkpool is literally the worst investment possible

They are the largest node provider. And a limited number of people will be able to stake.

Fact is coinbase staking etc will probably have a small fraction of the returns that LP does

too transparent

If you "reinvest"/don't sell any steak returns for the first 3-5 years, sure.

Worst investment possible going forward. Not retrospectively.

Largest node provider for what, there is no LINK staking. There will be other pools for LINK delegation that you don’t need to own a shitty token for. Wait until staking is live to make those decisions.

You are not making 8% paid in link, you make 6% in link and 2% in MCO, incentiviced by CDC. I know because i do the same with my stinkies. Dont go thinking that they will keep the same rates forever, they will most likely drop the 6% coins down to 5% or 5.5% to match the rest of the lending market. The cashback on the cards are incentiviced as well, so expect a drop there.

CDC has a non-custodial option which will probably let you lend out your crypto while still maintaining control of your private keys, i agree with your premise.

Until the business is in the red i will keep lending out my crypto there. As their business looks now, i see no imminent danger in the foreseeable future

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You have no way to know when the buisness is in the red or not. They easily could be RIGHT NOW after that whole wirecard debacle. This is a disaster waiting to happen. Staking LINK for 8% is not worth the risk of losing it all. LINK has massive bullish potential and if it keeps running and they are short on deposits you are not getting all of your LINK back. You don’t know what they are doing with your LINK. They may be speculating with it.

Fuck off with these low IQ shit post threads.
Why do you morons do this?
Time is precious... stop being an idiot.

we finished accumulating months ago you stupid newfag

They are the largest node provider currently. There are still jobs running without staking. They have a HUGE headstart. The fact is the likes of coinbase if they offer free staking will have a fraction of the revenue and a multiple of the amount of LINK staked compared to LP. LP will probably have similar returns to running your own node.

>lend out your crypto

But NOBODY is paying anywhere above 2% to borrow chainlink.

They would be legally liable if that happened. They wont just exit scam with your link and get away with it

There will be tens to hundreds of providers to choose from if staking LINK is profitable. None of them will require some token to use their service. They have no head start in staking LINK, running a node is not a hard thing to do.

Yea man, Bitconnect, MtGox, Quadridga, and countless others are legally liable for the losses. But nobody got their money back. The law doesn’t bring your money back or stop someone from stealing/fucking up your money.

Like
Says, nobody on any other platform is borrowing link for more than 2% APR. So this is not profitable for them.

Having a network of people who use your oracles IS a hard thing to do and LP have a HUGE headstart. They are currently the largest node operator.

Again, it’s a simple fact of supply and demand. Anyone offering free to stake nodes will have a huge amount of people wanting to stake with them.

LP has two benefits. One they will have a lot more revenue than any new nodes. Two, because entry is restricted, there will be less chainlink per node.

REVENUE DIVIDED BY TOTAL AMOUNT OF CHAINLINK IN THE NODES. It will be MUCH higher for LP than free to stake services. Probably 20-50x higher. I

The revenue is based on the Chainlink staked, you don’t know what you are talking about. You cannot earn more staking 100 link than you would staking 1000.

But eventually it will be free to stake on LP too. The LP token is literally not needed after the initial roll out period

WRONG. The revenue is based on HOW MANY PEOPLE ACTUALLY USE YOUR NODES AND PAY YOU MONEY.

Linkpool already have people using their nodes and paying them money (and LP holders already receiving dividends btw)

They have a massive head start. They will have more revenue divided by less LINK resulting in much higher staking rewards than free to stake nodes.

Chainlink is a meme started by Zig Forums to lead people to financial ruin. Don't let your saved wealth be thrown away over night.Vitalik the creator of ethereum said himself the days of making x1000 or x10000 are over, that right the guy who created the second most popular crypto said those days are over.
Now Zig Forums is trying to get people to lose even more money after the 2018 bloodbath. Chainlink is a specialized collection of Oracles, companies don't need this. They will just create their own private blockchains with Link network(token not needed). Sergey himself already said that LINK tokens arent needed to use the network. thats right. it's still unclear when and how the LINK token will be used if private networks are an option, and not to mention the massive allocation of LINK not locked up but in dev control (2/3 of supply).There is no need for tokens if chainlink isn't even needed to run the nodes.
Think XRP when you think chainlink. The company ripple (smartcontract.com) is doing well but the coin XRP(chainlink) isn't needed for the companies technology. Considering what Vitalik said "The days of x1000 or x10000 returns are over." Chainlink needs a 35000% increase in price over the next months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over.
This is a Zig Forums meme to siphon money out of the hands of the already vulnerable.
Please be careful with your money. there is a common pattern of heavy shilling when this pumps, and after early Zig Forums whales have sold, silence for months. generally, this happens 1-2 times a year.

LP token in addition to allowing you to stake also permanently grants you dividends from LP revenue.

It will be years until it’s free to stake on LP

You are arguing a different thing compared to what that guy said. If the contract is for 1000 LINK to be staked, and you contributed 1 LINK while your friend contributed the other 999, you will make 1/1000th of the profit from that contract. That's all he was saying

>It will be years until it’s free to stake on LP
No one knows this. If enterprise adoption comes hard and fast (which it will), institutional demand for oracles will outstrip supply of retail LINK available for staking, and they will be forced to make it free to stake.