/Make It/ - LINK Retard edition

>21
I make $15 an hour.

I have $12,000 in LINK and $800 in my checking account.

Am I based?

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Oh also, I just finished college with a degree in Cybersecurity, my boss says that I am going to be promoted very soon and receive a salary.

I work as a Network Engineer in a mid-large organization (4,000+) employees. How much should I ask for?

Also I am nowhere near done accumulating.

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does 1.5 billion dollar make you based?

i make $15 an hour yield farming.

Just bought this watch with my link gains, you jelly faggots?

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You only have 150 links?

you have a fat wrist

>29
>make 110k a year
>1000 linkies
>$300 in my checking account
>25k in debts
Unironically I don't think I'll make it, the amount I make sounds incredible, but the amount of taxes I get taken is unbearable. I end up making only 80k after taxes, somehow I still struggle to pay my debt kek.

prob cause you spend on excess, ever thought of cutting back?

Bro I got 1,680 LINKs, no debt, and I make $15 an hour.

We’re all gonna make it, I’m going to get to a 5,000 stack before I move out of my Dad’s basement.

I've been only in the workforce for 4 years, I didn't start making that until this year in January. But you are right, I probably did overspend in the past 3 years. But living alone, paying 1k in rent and trying to handle all kinds of bills and shit isn't easy. I've been paying my debt off for the past 6 months, and that's all the debt I have left.

you are going to make it buddy. And the great thing is since you're such a wage slave, the point at which your link rewards match your income will be way sooner than most. Your future is bright, and you are one of us.

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>5k in savings
>500 in checkings
>1.5k link
>80k PNK
>Dont want to invest more

Thanks Fren, We’re all going to make it. I just am addicted to buying link I put 95% of my paycheck into LINK when it comes in.

I don’t plan on ever selling. I just want my LinkedIn profile to be “Chainlink Node Operator” in 6 years from now

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I still don't understand, with 350M in circulation, if the price increases to like 200$ that would make a market cap of 70 Billions right? How does that sound plausible to you guys? honest question fellers

unfortunately that is unlikely to occur. Nodes are going to be big business and we normals are not going to be smart enough to operate them. If you believe that the network is going to be a major part of the new economy, you cannot also believe that you will be able to endure the pressure and interference of skilled groups of people going after your market share as a neet node. We'll have to settle for huge valuation gains, as well as dividends paid out by operators.

xrp was 140b

>Microsoft $1.4 trillion market cap
>Amazon $1.7 trillion market cap
>Google $999 billion market cap
>Facebook $663 billion market cap

All of these companies utilize the internet, imagine if you owned a small percentage of all of the business done on the internet.

Now you take the derivative’s market, even if the full 1 billion tokens were unleashed, each token would be worth $12,000 if the Chaninlink network captured 100% of the derivatives market, and the value of the USD stays the same (unlikely)

Some others have said in the past
>1990’s Millionares
>2010’s Billionares
>2030’s Trillionares?

We’re all gonna fucking make it frens. Have you heard Sergey talk, he’s so fucking focused on contracts and Chainlink, that I truly believe he fantasizes about LINK at night.

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that looks like a belt

well first of all it won't be 350M in circulation. Circulation means that many is available to sell on the open market. But if links are staked in nodes they will be ILLIQUID and therefore not truly in circulation. You know the difference between bank CDs and checking accounts right? its a difference of liquidity because CDs can't be cashed out in a certain time frame without a penalty. Node tokens will be similar to that.

Secondly, we anticipate the the savings that chainlink provides the economy through automation will outweigh the impact of their valuation. Think of the meaning of smartcontracts. Go look up what smartcontracts are and what they can do and then come back. If the promise of smartcontracts are fullfilled then things like accountants, lawyers, payroll services ect ect ect will no longer exist. Smartcontracts will destroy the careers of middlemen in all industries, and that savings will be realized in the valuation of the token itself.

Thirdly, if chainlink is going to be collateral for the inputs that will execute smartcontracts, then the chainlink staked as collateral must be proportional to the value of the underlying contract. The hopium case scenario is that we become the oracle for the derivatives market which is currently valued at $1.4 quadrillion. If that is the case then by necessity the total market cap of chainlink must equal a significant fraction of $1.4 quadrillion.

hope that helps

26
5 btc
1k link

so the derivatives market is all those middleman you said?
1.4 quadrillion sounds bonkers yo

so the 650M tokens that "aren't in circulation" are the ones used as collateral? jesus christ why am i so retarded

>so the derivatives market is all those middleman you said?

no. so a derivative in financial terms is a financial instrument derived from a financial instrument. So if you saw the movie the big short they talked about CDOs and credit default swaps as examples of derivatives. a CDO is a big book made up of different mortgages. Mortgages that are good, mortgages that are bad, and mortgages that are ok. you bundle them all together and sell them to a bank as a security. So if the mortgage is the basic financial instrument the CDO is the derivative of that instrument. Thats only one case and there are many more.

in the case of derivatives the jobs we'll be taking will be the corporate lawyers, accountants, risk mangagement specialists ect that manage the derivatives for the banks because with smartcontracts they will no longer be necessary, and derivatives will be much easier to both manage and enforce.

down the road once the network is more efficient and mature we'll take market share for lower value markets like corporate accounting ect.

other way around. the 650 million are being held by the company right now. They'll likely be provided to market makers and significant partners to help make the node network healthy free of charge or for a below market rate much the same way as what happens when a stock ipo is first announced.

thats like poetry

Considering it is heavily based on where you are and the actual company, it is hard to give you a number

i'd say you're fucking retarded for keeping your safety net in LINK at that age but its obvious from your income and savings alone that your parents have done everything for you up to this point, and you're dumb enough to think they haven't

well it's impossible to say. The wildest valuations of like 81k are possible once the network is mature, but you have to think about what that sentence means. Once the network is mature like 50% of people will be out of work and on UBI; it will be a different fucking world. I don't know how soon that is coming, but i know it IS coming.

However this t-systems announcement has me bullish as fuck in the short term. a big company like that announced not a partnership, but a node operation. That says to me they have inside information about when staking goes live on the network, and with the timing being this week it says to me that smartcon next month is when sergey announces staking. If a bunch of other companies announce similar data monetization efforts as t-systems then i think we could see $100 next month no joke. Imagine if we see a drip drip drip of partnerships leading up to smartcon. it would be a perfect storm. Well, thats my hopium, but i think we're going into the teens at least.

well I hope it stays down a little bit longer cuz I dont have a single link yet lol
are you that confident that you'd still be buying at 100?