/biz/ - Business & Finance

>>20357849
How much are staking rewards going to be though?
1%?
2-3%?
5%?
10%?
Is it realistically even possible to make a living from staking 1000 link?

>>20357896
6 figs minimum from staking 1k

>>20357896
Eventually, yes.

>>20357896
No. You fucked up, loser. Should have bought more when it was below $0.30

IT'S LITERALLY DUMPING RIGHT NOW

>>20357927
>LINK is only a cup of coffee haha! Won't go above 50 cents!
>OK, so coffee is more expensive, good luck seeing above $2
>Who the fuck pays $4 for coffee?
>HA! A world encompassing virus that sunk every market? Or maybe it's exposing a few broken LINKs!
>Oh whatever, it hasn't cracked $5 in 3 years and everything rallied, enjoy your shitgains
>Who pays $5 for a cup of coffee!?
>Hahahahah dead cat bounce! It'll go right back to $3.50
>I saw a single celebrity post about LINK! It'll only be above $7 for a few hours, enjoy the DUMP!
>$8.50 was a meme, enjoy the dump!
>$3.50 again by end of week
>g-guys? Dump when?

>>20357896
>Is it realistically even possible to make a living from staking 1000 link?

not unless you want to live in your car. your best case scenario is becoming the house slut for some 5-6 stack marine

>>20357896
It can't be less than 5-6%, wouldn't make sense otherwise.

>>20357849
>never bought crypto
>someone on /pol/ says he's going to spend his neetbux on LINK
>decide to buy some myself
>get rich
based /pol/

>>20358006
This.
Literally bought link for memes.
Not so much so, about 1250 at 1$, literally one month before it shoots to 4$

Litecoin is next

>>20358036
I bought 500 at around $2.70. Up to a 1k stack now.

>>20357849
scam coin token not needed. enjoy the dump and dump while it lasts

I have 450 links. My goal is 100k dollars and then I can coast. Am I gonna make bros?

>>20358086
literally everything till ETH is a scam, we are so fucking early and crypto is fucked kek

>>20358187
450k is the best I can do anon

>>20357950
>It can't be less than 5-6%, wouldn't make sense otherwise
yes obv
Link 20 usd and you will better stake those LInk and STAT TO LIVE THE NEET LIFE
MAKE IT LIFE is when Link is at 100 usd
But start taking now.. where do you put that money? on SP500? on gold? lmao

>>20358244
>start taking now
start staking * it
first staking, then making it

Surely this is pumping harder considering its based on upcoming nasdaq announcement

>>20358211
What are the chances I sell when it reaches $100 and I have $45k sitting right there?

This whole thread is simply based

Linkylounge.com

>>20358408
Depends, are you a fucking idiot?

>>20357849
*radio noise*
Launch Technician: Singularity this is MarineOne technician reporting. Launch pad is a go. All green and no issues. Can I get an ETA for launch, over.

Singularity: Base to MarineOne. Standby for ETA.. over.

>>20358408
When Link hits $100 I'll have 3.6 million. I won't sell.

>>20357946
Would that be so bad?

>>20358579
cringe

>>20357946
Link marine reporting. I could use a house slut

>>20358644
You don't deserve those dubs you fucking heathen.

>>20357896
I have no idea about stacking rewards
Can someone explain it to me please?
I have 1202 links

>>20358644
idgaf

>>20358244
So $1 per link?
That's not making it. Even at 5x that amount you probably couldn't live off it

>>20358579
Based

>>20357849
I sold about 60 LINK at 4.80 USD to buy some drinks and a hotel room for the wife of one of my friends.
Swinging is pretty damn fun tbqh.

>>20358408
I will live off staking rewards
there's no point in selling unless you have not understood the network yo're in

>>20358718
cdc offers 4-6% on link now. staking would need to be competetive enough to lure users with better gains

>>20358788
Can you explain stacking rewards for me?
No idea what it is

>>20358187
How does 450 million dollars sound?

Dump to $4 before end July but put your life savings in

>>20358644
>cringe
back to plebbit fag

>>20358244
Imma put it in a very low yield bond

>>20358644
Let a fellow enjoy his autism

>>20358816
>stake X amount of link
>earn X amount of link over time
>X is yet to be determined

>>20358816
No he can’t. This is Sergey’s little secret has going to spring on us after the fact.

Also kys newfag

>>20358778
You should kys

>>20358605
LINK will hit at least $1000

>>20358905
So I am probably out with only 1202

>>20358910
From what i understand nodes will be competing with each other for reputation/jobs/etc so will have different rates at each one. hooefully some kind of baseline is formed

>>20358910
Newfag?
Motherfucker I been here for a long time.
Though I learned about link in 2019, bought for memes one month before it went up to 4$

>>20358952
Depending on X, who knows?

Link 10k?

>>20358788
stake it till you make it

>>20358986
Yes, yes, that's a good start

>>20358983
So depends on the price at the end?
I think if it goes to 1000 you need a lot less for stacking compare to link at 100$

will link go 10k USD

>>20359022
No idea man, it would be logical that more link + more token value = more staking rewards
For some that it $lolmoney for other's it's life as usual but with no fear of replacing home appliances immediately if they break

>>20359022
the numbers arent out so its kind of useless to speculate.. thats why i said X. its a variable

>>20358982
> been here a long time
> learned about LINK in 2019

You’re either lying or you have a wildly different interpretation of what a “long time” is

>>20359180
No I been here for a looong time.
Not on biz though.

>>20357896
4% would be the pathetic minimum.
12% would be ok. More than 12 would be great.

But staking link wont work like that.

>>20359101
>>20359132
Well hope 1200 is enough

>>20357946
Weak fud.
We are all going to make it.

>>20358204
yes we are #3 already when you remove the scams

>>20359244
>looong time.
>Not on biz though.
Kek

>>20358094
Good job.

>>20358905
>Uses X as different numbers
The iq meme was right

Only have 200 link.
Bought at 4, 6.50, 7.30, 7.99.
Desperatly looking for other jobs so I can continue to buy link.
Am I crazy? Am I buying too high?
Some people are saying link is just a JSON parson or whatever that is

>>20358945
How can you be certain?

>>20359406
Keep buying while is still under $10.
I have been buying whenever I could since 2017 following that rule.

>>20359406

>>20359410
Are you fucking with us?

>>20358791
what's cdc and how do I get in on that

>>20358816
>stake x amount of link
>get y amount of some kind of reward amount
>get dumped on and be incapable of selling because your x linkies are locked in a contract

it's a scam basically.

I ran out of playfunds this month and I'm thinking of swapping over other coins (and even stock) into Chainlink.. every time I do this it dumps so I guess the top is in or should I go for it?

>>20359463
I think it’s gonna hit 10 fairly soon.
You think I shouldn’t buy any more after 10?
I just want as much link as possible :/.
Assuming it’s gonna moon to 100+, why not keep buying even at $40?

>>20359495
No I swear I'm dead serious man.

>>20359406
>Some people are saying link is just a JSON parson or whatever that is
same as yahoo was just a directory

>>20359538
Maybe, dont fuck your life over LINK.
And be patient. Iron hands, marine.

>>20359553
You come to this board and doesnt know about the $1000 eoy is FUD?

>>20359525
Stick your with your stocks.
Chainlink is for the big boys.

Based daily gains

>>20359538
>Assuming it’s gonna moon to 100+, why not keep buying even at $40?
depends on how much disposable income you have and how much risk you are willing to take

>>20359498
crypto dot com
get the app
use 6c8mxchum9 as referral to sign up for and we both get $50 USD

>>20357896
You must understand that longterm only the stacking reward will determine the price of link.
So the price will no matter what be about 5% longterm when the price stabilize. More and people will buy, making the price rise and the % drop. Less and people will sell as less than 5% isn't enough to take the risk of stacking.

But that's not the % you need to guess, that's the stacking reward per link per year in absolute number. For exemple if it's $1, once deducted let's say 50% for the node operator we have $0.5 per link per year, making link 10 dollars each if we assume the logical 5% that the market will tend too longterm no matter what.

Now if link manage to capture a sizable amount of the derivative market, we can imagine much more than $1 per link per year, even 0.1% of the derivative market would make almost all of present day linkies insanely rich, if they hold.

Now will link actually capture any amount of the derivative market penis that all a pipedream? Time will tell.

>>20358681
a NEET like yourself doesnt need to worry about how staking works. Just understand there will be demand from institutional nodes that need you LINK. Either they will buy it or they will borrow it. You'll be able to earn income from lending your linkies, and the price will rise to meet the staking demand

>>20359644
I know about the memes dude. I was looking for a serious response

>>20359510
staking by its very nature means you dont sell it.

this is hard for the swingie to grasp as he only knows buy high sell low.

>>20359696
Based fellow helpful Linkmarine

>>20357849
it's not going above ATH from yesterday. Put in a short now or regret it later. See you guys in the $3 range. Screencap it.

>>20359731
Eh, I'd say $50~$150.

>>20359817
Thx

Crypto stacklet here. I decided XTZ was it for me because they had staking starting at 5.41%. It's already at a very yiddish 4% now. It's only 300 coins, should I just move all that shit, or at least half, into LINK? Or is Tezos next? It's at least having a decent pump right now

>>20359824
Not Eoy tho, im thinking 2022 or so.

>>20358850
this

>>20359817
A month or so ago projections for this year on average were like 3.80-4.20 by eoy.
We are now double that and its mid july.

>>20359849
this
This current market needs to sit on the stove for a while, itl really heat up mid 2021and dump early 2022 a la 2018

The javascript has been hacked and now all LINK nodes are being affected, meaning they will go offline one by one.

But here's the real trick; every node that goes offline first has to be validated by other nodes, Thus the first node won't go offline until EVERY SINGLE NODE has verified it actually has gone offline

LINK will be in an infinite javascript loop. Maybe if you're a programmer you will recognize FOR and WHILE loops. Well.. This is a FOR loop that NEVER ends.

The price will TANK to at least 100 satoshi. Maybe even lower when the nodes are actually verified being offline.

Sergey is now busy setting up extra nodes to undo this process. Called contra-hacking. He has injected some GO-language code, pseudo-offline code, into the ChainLink network. This means nodes will appear the be online, while they are struggling to go offline, but in the meantime they cant because it isnt verified yet. Neat trick if you ask me, but it wont last long before the other nodes will know whats really going on.

>>20359538
Feel free to buy at $40, but why not just buy it when it's $8 and get mad gains my uncertain anon?

>>20358778
enjoy being that dude who sold all of his link, just like all of the btc dudes who tell their stories about selling at 4 dollars

>>20359958
Because I don’t have money right now.
I’m putting in over 50% of my measly paycheck into this shit as much as I can. I would love to buy 10000 link at 8 dollars right now if I could

>>20359618
Should I not trust Link completely and utterly? All the signs point to it going to at least 25

>>20357849
How much is needed for Staking?

>>20358006
>>20358036
might have been me, I shilled it a lot on /pol/ in 2018 and 2019. Feels good to have helped some anons get ahead. Make sure to use it to stop (((them))), you have an obligation. Don't waste your money on materialistic shit, fight the globalists

I sometimes feel like we were blessed by god, I told friends and family and very few listened. It's like being a disciple and trying to tell people the truth but watching them make the wrong choices

I had over 3500 LINK and I sold in March/April. Now I can't stop checking the price, the pain feels far away

>>20360308
why didn't you buy back in last week when it was under $6?

Where is 8.30 liquidation price anon?
Must be sweating bullets

>>20359022
Not at “the end” there’s no the end unless you mean chainlink captured 100% of the space which won’t happen for at least 5 years

>>20360437
don't listen to this pajeet, he shits on the street.

>>20357849
Chainlinks is #8
above LTC & BNB

>>20357849
We did it you sick bastards.
I trusted you faggots and you came through.
You said all we had to do was hodl.
I bought all I could get my hands on, at $0.25.
I never sold. Never even dreamed of it.

Now what?

>>20359410
Look up derivatives market. Now look up how much stock exchanges pay for less than .5 seconds of transaction time. Now what will the market do when cheaper and more efficient solutions happen.

>>20357849
i sold at $1000

>>20359847

What the fuck is Tezos. Answer me that. Tell me why anyone would use it.

>>20358644
Who the fuck do you think you are?

Alright guys, magic time!

>>20359498
CDC is not something that is safe . How are they they staking returns on link when link staking hasn’t been released? Think about it logically. Now look up the founder. Now read up on what mount gox is

>>20359711
Lmao nice autocorrect at the end

>>20359711
what are you even talking about

>>20360561
In 10 years

>>20360632
bepis :DDDDD

>>20360295
If it was you then thank you.
Only a 4 k linklet. But it's been a hell of a ride so far.

>>20357849
bought in at 8.1, i'm a new fag so didn't have a chance to get it earlier but i hope all of you get rich af

>>20359875
That’s because they are all basing it off etherium. This would make sense if all chainlink did was provide smart contracts. But that isn’t what chainlink does. Anyone can paint charts while something hasn’t been used. But now we will see true divergence because chainlink is finally starting to be used at a scale too large for chart painters.

>>20359712
Cool

>>20359312
Ye biz was and IS shitty.
I didn’t know there are gold nuggets in a literal shit barrel of biz
Golds like link..

>>20358605
Seriously, how many of you are millionaires right now, after this most recent pump?

>>20360561
dont push it

>>20358850
lol are these the cereal killer cafe guys from london
i just realized ive met a onions meme pic irl

>>20358850
>he doesn’t know

>>20361102
I'm up 75% overall, which in 4 months is fucking insanity. But nowhere close to millions yet.

>>20361102
Basically anyone with a 124k stack or better. Imagine there's a few of you lucky cunts here.

we got really lucky is what some say

https://soundcloud.com/extrastinky

im up 1,034.94% rn but only 19k stinks :(

>>20358086
Why the fuck won’t this pic stop being highlighted?

>>20360561
This will happen before the year 2020 is over.

>>20362072
inshallah

>>20357849
NOOOOOOO!!!

ITS DUMPING AGAIN! GOD HELP US IT WILL NEVER GO TO $9.

>>20362184
>$8 stablecoin

>>20358086
Why the fuck did the mods pin this non-OP post?

>>20358763
I gave her a little touch-up.

>>20358916
Why would you suggest such a thing, who would get my 15k LINK if I did kms? Not you, champ. My friends wife will probably earn more LINK than you can.

>>20358901
based

>>20359810
i feel bad for you dumbass

>>20363495
Simp

>>20363645
I'm not wrong

>>20358579
cshhh
Marine one
cshhh
Marine one you are going so fast
cshhhhhhhhhhh
Echo
cshhhhhhhhh
Oscar
schhhhh
Yankee

I cant believe i held my 12k of them from sept '17 until I sold 3.5k at the literal bottom in march (and gambled it away). This little mistake has literally ruined the ride for me.

It's going to be alot higher than 6%. You are risking your link when you stake. Who the hell would risk their link for 6% apy. Maybe 100% apy.

>>20357849
IM BUYING MORE RIGHT NOW

When are the chinks waking up?

As long as we all buy and never sell link it will be more scarce. We will be wealthy together but never realize our gains

>>20364024
They should be up soon

>>20364061
NI HAO WEALTHY CHINAMAN

>>20357849
Tested 7 three times then shot up again. Never below 7 again may have been real.

>>20357849
Been hitting every swing. Stack is looking comfy at ≈2.5K

>>20363452
Saved

>>20364061
Ni Hao, wealthy Chinaman!

>>20359847
Tezos should have been dumped when the founders acted like children retards and are now forced out of the project because they are so stupid. The founder chick doesnt even want to us tezos for her card game meme. Should have been all the warnings you needed.

>>20357849
Definitely longing them on Phemex too with 20x leverage....We're all gonna make it

>>20357946
I don't understand faggots like you. Why say shit like this? To feel better about yourself?

>>20365013
Are you new? We were literally delusional for years, by tripfags like astro and uncleoldfag.

>>20365047
Called delusional*

>>20363841
MarineOne:*cshhhhh*CAUGHT IN...*cshhhhhh*BOOSTERS FIRING..
*FOOOOOOOOOOOOOOOOOOOOOOOOM*

Singularity: MarineOne come in!?

I have 500 link is this good so far?

>>20357849
been around 8 for 24 hours now

>>20365117
Only you can answer that.

>>20365168
Only you can prevent forest fires.

>>20365146
it dumped last night for profits & accumulation phase and now were back to 8 check a chart retard

>>20361956
retard

>>20365168
I want to buy more but just want to hear your thoughts?

>>20365187
Holy shit go back to plebbit, fag

>>20365146
https://nomics.com/assets/link-chainlink

$981.45M
ChainLink Daily Performance
24 hour LINK volume is $981.45M. It has a market cap rank of 9 with a circulating supply of 381,509,558 and max supply of 1,000,000,000. ChainLink is traded on 107 exchanges, with the top exchanges being Omgfin ($79.09M), Binance ($51.40M), and Bit-Z ($20.39M).
source - nomics.com

Hit 1.5B in volume a bit earlier.

The more momentum we put behind this, the more we all make. No point in selling if this is going to 20 by next week.

Just keep buying.

If it hits 9, then it'll hit 12, then 20, the next target 50, 100 and then the golden target 1000.

I've reduced my own 401k contributions to buy more. This is the 2017 Bitcoin.

>>20365323
401ks and IRAs are gay. I'd rather retire now, not when I'm 60.

>>20360295
>I sometimes feel like we were blessed by god, I told friends and family and very few listened. It's like being a disciple and trying to tell people the truth but watching them make the wrong choices
Yes, we are blessed. No, not everyone was meant to hold LINK. Those who didn't listen were meant to experience a severe test of their ego. We will be tested in other ways. Stay strong, stay humble, the DNA in your brain that allowed you to understand LINK, and the circumstances that led you to purchasing, were beyond your control.

>>20365361
...that's why I bought 5k worth today. Usually am stocks only, but I've watched Chain link since 2018. 1 to 2, to 4, to 5 to 8....
I'm hopping on for the ride.

Different than rest of the scam coins, this is one is special.

Making monthly buys on this.

>>20365502
Yeah I try to buy 100-200 a month now.

>>20365502
Blessed decision

>>20364061 Ni Hao, wealthy Chinaman!

>>20357849
just sold my car.

>>20359672
based goybase

>>20357849
this didn't age well. kleros is going to solve the oracle problem and bigquery is better than link's contract tech lmao. you autists are literally the only thing holding this project up and honestly? god bless

>>20365888
holy fuck triple 8s with goy ID, bros we really are going to change the world.

>>20365208
people said it would go up to about 40-50 this week, do you think it sounds reasonable?

I bought 400 link at .20 cents a few years ago. am I fucked guys?

>>20358579
Based

i love u guys

>>20357937
8.50 is still the cost of a large cup of coffee retard

>>20357849
>lmao at all these copers (who sold at 4 usd)
>Literally all you have to do is not to sell
I had to swing it because my stack wasnt even 10k. WTF was I supposed to do?

Don't buy Chainlink now after such a pump, don't be an idiot and buy Kleros. Huge opportunity, low cap low supply.

>>20357849
>>20357896
I'm being paid around $10 an hour to hold my suicide stack (10k) because retarded bears are desperate to short LINK. How can steaking even compete?

i-is my long going to be okay bros? my stop is at 7.5

>>20366648
Thank you Rajihar Shin'juk very cool.

>>20357849
FUUUUCK I SELL AT 2USD

>>20367128
R.I.P.

>>20357849
FUCK YOU!

I've had a 1000 suicide stack sitting on Binance for a year and I forgot about. Why are my linkies suddenly worth $8k now? What news came out to spur this?

lmao at delusional stinkers ITT. it's sub $8 already and dropping like a stone.

>>20367313
>lmao at delusional stinkers ITT. it's sub $8 already and dropping like a stone.
Some /biz users must have just brought

Say it with me billion token scam

>>20360561
9,266.07 is fud

>>20364061
Ni hao wealthy chinaman

>>20357946
>your best case scenario is becoming the house slut for some 5-6 stack marine

>turn eighteen in several weeks and can't buy coins yet
Am I gonna miss something big with this?

>>20368294
What do you think was the turning point for Sergey to go from wearing different clothes to the same outfit everyday?

>>20361622
Based and checked

>>20359953
I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.
Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.
'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.
The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons.

>>20368853
4000 sats or worse by next month. The project is possibly dead in the water after this knowledge.

Sybil attacks are possible since sybil resistance requires KYC or "trustworthy" node operators. Most people won't KYC because it's antithetical to the idea of crypto itself being decentralized and "anonymous". Therefore, since most operators won't want to KYC, LINK will not be sybil resistant.

Now why does RLC make LINK obsolete in this regard? It's simple. The PoCo algorithm is so well designed that iExec's dOracles can rely on it instead of KYC for sybil resistance.

Boom. I sold all of my LINK at 8.30 because I knew after RLC v3 dumped, that even LINK would dump.

I will not be buying back after learning this. I am all in RLC at the price of 0.43$, about 0.7x ICO price

Sorry gentlemen, I thought LINK was going to save me just like all of us did, but this is the nail in the coffin.

>>20358850
Its going sub $1 when the great corona depression starts after the election

>suddenly 1pbtid's shilling against chainlink

i can only afford 10 linkies what do i do

>>20366465
Cope, seethe, and dilate.

>>20368853
i agree that link will tank but this is a shit reason. companies will be forced to adopt through a sheer numbers game. either accept the system saving your competitors millions every year or fail. dinosaur ceos still understand the bottom line

>>20360561

except the market cap would be $3.2 trillion lul

>>20369044
>Go out and make some money
inb4 prostitution

>>20361586
>they will call us lucky

>>20369198
im trying !

>>20358681
jfc its not rocket science. know how you put your money in the bank and gain interest on it. yeah that. expect about a 5% annual roi.

>>20360561

$1000 eoy is fud

>>20366193
Id say right now you are the one giving fucks

i am swing trading for now. i'll hodl when it goes down under 2.00 again

>>20369987
>when

>>20368590
Less decision making fatigue. CEOs have 1000+ decisions to make every day. Plus it's a good meme

>>20360512
Hodl until December 2026

>>20368590
Probably when he hit a billion net worth and realized he didn’t need to impress literally anyone with his clothing anymore.

>>20369987
stop mememing on the newfrens please
nobody is retarded enough to swing link

>>20364061
Ni hao wealthy Chinaman
sorry for our president

>>20369987
Make sure to keep enough Link for 1x length of rope

>deposit $1000 into coinbase before $5
>don't get funds until today
4 business days, they said.

>>20372618
New. Fag. Detected. You. Have. To. Go. Back.

>>20360632
>he doesn't know about market penis

>>20364061
Ni Hao, Wealthy Chinaman!