what if we are too early
>>60959589highly likelyin 10 years link will be in the thousands but very few of us will have a 1k by then
>>60959589TWO MORE DECADES, MARINES!
>>60959611This, so much this!Chainlink has always been a 20 year hold. Only Sergey is allowed to become rich (by dumping tokens on retail investors)
>>60959729How long until he runs out of tokens to dump?
>>60959754THAT DEPENDS. THEY'RE EVENTUALLY GOING TO DUMP THE RESERVE. SO COULD BE A FEW YEARS, OR DECADES, DON'T KNOW
>>60959754I'd say in the next 5 years
>>60959589>Service coin>Ever thinking it will moon beyond $1000Just because something is important or desirable doesn't mean the price should be outrageously high. That's like saying oil is so valuable that it should be $1000 per liter.
>>60959589You are too early. But if you can hold forever you will make it in a couple decades.
>>60959589>If
>>60959800retard
>>60959815upgrade your anus with crest whitening strips
>>609598001 BILLION TOKEN18 DECIMAL POINTSTHEY'RE NOT PUMPING NEW TOKENS FROM THE GROUNDYOUR EXAMPLE IS GARBAGE. GO SIT IN THE CORNER
>>60959841>Cope with uppercaseIt's okay anon, I'm gonna just let you cope. If you win, you win and if you lose? That's another 8 years of bagholding.
>>60959997IVE GOT NOTHING ELSE TO DO, SO BRING IT ON.
You are all battered wives and it’s sad. Move on to Chad avax while you’re still young and fuckable
>>60959589I think we are, just considering the logistics of LINK world order, a lot needs to happen still.
>>60959837rare good advice on this shit board
>>60960372>buy avax and get fuckedwording
>>60959837What's the cost/benefit analysis on a sparkling turd cutter?
>>60959800I kind of get the impression that stocks in Chainlink Labs would be a better investment if available than chainlink itself is
>>60959589without a doubt too earlymost will sell next summer when we're in 100-200 landall will sell by 500 2027none will hold more than 1-2k by 2028-2030 when this rockets into thousands
>>60959589>what if we are too earlywhy are you asking that question 7 years later
>>60959830you're poor lol
>duuuuuuuuuuuude we're early to an asset that went 200x from '18 to '21lmaogamestop 2.0
>>60959589We were too early in 2018, now we are just about ready
>>60959754He can just print, just like eth, there's no finite supply
>>60962443hey adem kaysercan you explain what you meant by having a "porn identity" that you had to peel back "layers" from?
Chris barrett said we'll make it in 2032. Only 7 more years marines
>>60960692You don't know anything about crypto cycles, next summer BTC is gonna bottom at 70k and Link is gonna be $5 again.
>>60959837Pucker up
>>60962443>dude poster admitting to massive LINK gainsThis is out of character for you
>>60962702what he came for:>big gains on altcoinswhat happened:>the entire market went up besides his coin. now he keeps track of other dudes beating offbrutal turn of events
>>60959589>early implies it will still happen.
>>60962961>>>60962443 (You)>>dude poster admitting to massive LINK gains2021: $80Current: $26 yeah...
The fucking NEO subreddit has more followers than Chainlink's. The buzz around Chainlink is absolutely minimal in relation to what it has going for it.
In all seriousness, what is the purpose of the token?I understand the value that Chainlink brings to Defi, and why people would want to invest in Chainlink Labs (the company), but what purpose does the token serve besides acting as a funding mechanism for Chainlink Labs? I'm not trying to fud, but I've never seen a serious answer to this question
>>60963361Fees are paid in link, so you need to swap into link to pay your fee causing buy pressure
>>60963361this guy is wrong>>60963383you can pay with whatever you want, and at some point, the cl team will supposedly convert all those fees to link
>>60963389Nope, although it can abstracted away by converting to and from on both ends. So a user can pay with MATIC but a swap is still done, causing buy pressure.
>>60963407the swap is happening only inside your head
>>60963444No
>>60963407>causing buy pressure.that's not happening tho any fees that are converted to link are sent to nodes are immediately sold off and the team will sabatoge any buying pressure for years to come until the remaining supply is circulatingthis article pointed this out a while back: https://0xgreythorn.medium.com/an-exploration-into-chainlink-and-its-ccip-b002fbee22f0>It should be noted that even though the assets will be auto-converted into LINK, this may not significantly impact the price of LINK in the short term as Chainlink plans to release 7% of non-circulating supply into the market over the coming quarters. This was primarily led to support users & node operators from dramatically elevated LINK volatility & prices as new changes to the staking mechanics are set to introduce an 80% increase in its pool cap that will account for 8% of circulating supply.>Moreover, if the price of LINK were to increase, and thereby increase gas costs, CCIP users would be expected to drive an increase in buy-side pressure. However, should it continue to increase, it can be expected that node operators receiving LINK incentives will bring about supply pressure as they realise their service fees into other assets.
I still don’t understand what link is, what the big hype is & why the White House is in on it. Seems like no one does either given the last responses on this thread.
>>60963383>>60963389So the general idea is that node operators are paid in LINK tokens, hold on to them and thus decrease supply? I looked up the current daily fees paid to node operators and I'm getting answers between $1700 and $10,000, which is so low that it can't be right. Do you know what the current daily node operator fees are? I would imagine that it would have to go north of $1M per day to have any effect on price
i hate to do this, but some of you need to acknowledge reality
lmfao
>>60963294You're supposed to pretend the big gains didn't happen, or that no one bought back then, or that it's like your uncle rico bragging about the girls he bagged in college. Hope that helps.
>>60963517Nice heckin chat GPTerino! That will totally make us sell! Just kidding I bought 2 tokens today so I imagine your boss won’t give you curry rice and will probably give you a whipping.
>>60959611If I can forever get 4.3% Apr staking there will be no reason for me to ever sell
>>60963494>>60963513Link has had very low inflation compared to other coins
>>60963510They are incentivized to hold onto them and not sell to provide collateral to secure jobs. A node without collateral gets no jobs since they won't be penalized for lying.
>>60963285I didn't ask for your cope or deflection tho, ademI asked:can you explain what you meant by having a "porn identity" that you had to peel back "layers" from?
sergey reminding project to just use chainlink
>>60964829WHAT IN THE FUCK IS A "PORN IDENTITY"?CAN'T THESE FREAKS DO ANYTHING NORMALLY?
>>60959589Can you ever be too early?
>>60959589Then I will continue to accumulate
>>60963361Read the fucking whitepaper
>>60959754they can just create another token for, uh, security. anon will celebrate this move as a way to get in early again
>>60959589You're not, you're 8 years late
