I'm aware that this is considered FUD at this point, but it bothers me that the whitepaper literally mentions the price hitting a ceiling *below* where we're at right now. Doesn't that make LINK overpriced? Has Sergey announced something to explain why this wouldn't be the case since?
How do LINK traders respond to the "cup of coffee" line?
Alexander Cooper
Jaxson Thompson
Its literally not in the whitepaper
Evan Thompson
Coffee will increase in price to match LINK, duh
Dylan Diaz
worldwide coffee shortage
Alexander Rivera
This is the finest coffee known to man. $1000 per cup
Sebastian Baker
i feel bad for people who believe this
Thomas Ward
> except now it's like a coffee table from cregs list
Jonathan Campbell
why? this was in the original whitepaper and one of the team members that ended up leaving left BECAUSE of the fact that they started changing fundamental goals when the CMO realized that speculation could push the price much higher resulting in the ability to incentive more "partnerships"
the only issue is, they didn't see DeFi fucking gas prices this hard so now they're using those tokens to subsidize calls made by companies that are using Chainlink AKA the company pays the ~$2 per call but SmartContract (parent company of Chainlink) pays the ~$70-90 gas fee
which is why we're seeing 500k being sold at these high prices every 10 days or so lately
i still hold LINK but only because i believe people will continue to FOMO in and we'll probably hit $25 at least at which point i'll start selling
Matthew Miller
You’re pretty good at bullshitting, I’ll give you that much.
Camden Cruz
It's a big fucking cup of coffee
Jackson Torres
*siiiiiip*
Ethan Baker
he's not lying
Joshua Collins
Sergey's coffe cup can hold 27oz of coffee.
Owen Jones
shhhhhh
Adam James
Except it's not bullshit. Have you even looked at the archives?
Gavin Garcia
Has anyone found out where you can buy that coffee mug?
Liam Anderson
It's sold out.
Nathan Murphy
you are a retard
Jace Myers
454 grams in a pound
1 cup of coffee (beans) approx 82 grams
Link says coffee can cost as much as 800/pound: web.archive.org
(82/454 lb )(800/lb) = 144$/Link
Gabriel Diaz
Bed Bath and Beyond is where I got an NYC variant of it. They might sell them based on the state, though.
Luis Taylor
U U
U U
Nicholas Evans
When breaking down and explaing a complex financial systems, ie: taking and sending payment through ach or debit card, they tend to use coffee as the hypothetical product. They do this because its easy to relate to and everyone knows what coffee is. Everyone loves coffee. When I'd get a financially illiterate customer that didn't know how to use a debit card, I'd explain it by saying "okay, let's say you purchase a cup of coffee...." and explain the exchange of money with a real life example.
>t. former banker
Adam Hernandez
hyperinflation will mean a cup of coffee costs 1,000 USD eoy.
Robert Green
Is it figuratively in the whitepaper though?
John Young
It’s in the fucking white paper you deluded faggots, you can literally fucking look it up within 20 seconds
Luke Richardson
this guy thinking a single api call costs anywhere near $70 in gas is a definite buy signal. clearly you’ve done research but seems to me you don’t know anything at all about what you’re getting into so you might as well sell now. what are you made of? paper maché?
Isaiah Thompson
This is some stale ass fud
William Cruz
it said after the release on mainnet, it didn’t say it would remain indefinitely at that price. perhaps individual calls will cost roughly the same as a cup of coffee
Leo Long
it actually does tho lol this is widely known and you can look it up for yourself
call everything i said bullshit if you want but don't call bullshit on a fact everyone knows
this obviously doesn't apply to those using chainlink cross-chain, but it does for anyone integrated on eth
ya dummy
Ryan Flores
Jacob Wilson
Yes. When exactly. Uncertain. Is $1,000 cup of coffee coming soon. Absolutely
Charles Perry
ya, he was talking about the archived whitepaper you absolute retardo
it was changed when the new CMO was hired dumb dumb
im legitimately curious as to how people like you were even able to learn how to buy link
i guess you bought after it his coinbase huh? even that probably almost broke your brain
Colton Miller
There is no archived whitepaper. You cannot prove one exists.
Nicholas Collins
Traders? Oh.. I don’t trade my links sweety; only buy other’s for a fraction of what they’re truly worth
Jose Bennett
It's the psychological goal, they will split LINK tokens to get there
Jackson Anderson
I remember this was the first FUD I ever saw before even considering investing. I almost believed it and it made me hesitate for a few days before I actually read the whitepaper and CTRL F'ed "coffee" lel
After that I don't trust any of you fuckers
Adrian Gray
>Archived Whitepaper
jhe jhe pee pee poo poo.
Juan Butler
It's actually a typo, the original text read "price of a cup of coffee table". So probably $100 - $500
Jason Green
fuck are you on about nigger
Sebastian Taylor
Luis Rogers
This is actually a forged photoshop for FUD purposes, here is the original