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7286124 No.7286124 [Reply] [Original]

FUD aside, we all know LINK will be a success. For any newbies wanting to get in please read the pasta below.

Someone really needs to clear up LINK. Here I go. This one's for the newfags.
1. There is no shadowfork
2. Jason Parser is a meme
3. Sergey is alive and is one of the headline speakers at the upcoming Bitcoin superconference
4. The testnet is scheduled to release this quarter. The lack of the testnet keeps price down for now, not memes or whales
5. Noone knows when mainnet will launch, noone knows how much link will be rewarded for staking in nodes, noone knows how much priority will be given per link in a node
6. Link is used to force fair and automatic execution of agreements. This doesn't happen with current tech because centralization means someone always has control. With link noone can influence these agreements
7. Link currently has one competitor right now. I don't remember their name. They have a larger but less credible team.
8. Link is an erc20 token that is used with smart contracts. Many block chains offer smart contract tech, link will work with most/all of them.
9. The team stated they could move link to its own blockchain independent of ethereum if need be
10. People do unironically go all in and support this coin, most of the fud is to keep newfags out
11. Sergey isn't getting that fat
12. The team does not post on social media but is very active on slack, email, and their websites message box
13. Anyone can join the slack, just ask for an invite on smartcontract.com
14. They have been looking to hire a PR person and more developers for a while. As far as we know they haven't made any hires yet.
15. So far they have met all deadlines, showed up to all scheduled events, and so on.
There you have it, the objective truth about link. Take it as you will.

Also, use my ref LINK if you can work out how. Appreciate it. GL!
>11068968

>> No.7286173

>>7286124
>I didn't know you had any medals. What are they?
>3 months long hodling, 6 months long hodling, 9 months long hodling, 12 months long hodling

>> No.7286301

>>7286124
1k eoy

>> No.7286319
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7286319

>>7286173
LOL. I like it.

>> No.7286350

>>7286301
in the best case scenario there 10,000 nodes (this is years down the line too and assuming huge adoption, even btc only has 6k nodes). In the best case scenario diminishing returns is hit around 10,000 link staked (looking at other tokens with similar total token amounts and a staking aspect).

That's only 100,000,000 of 1 billion link taken out of circulation. Look up the token velocity problem. In order for significant appreciation to take place you either have to have 1. a burning mechanism, or 2. a significant amount taken out of circulation. It's unlikely 10% is enough. The price will go up but anyone thinking it could go over $20 is retarded.

>> No.7286488

>>7286350
fuck off you dumb nigger

>> No.7286621

>>7286350
I mean like people are saying 10k minimum you handicap. There will no doubt me a few hundreds/ millions on other nodes.

You bought into the 2wave of linkies saying 10k is enough, while 1st gen stinky linkies are all 60k+ minimum.

>> No.7286632

>>7286488
This

>> No.7286886
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7286886