I’m gonna be completely honest with you bros

how many stinks you got? you steak?

t. ~25k link, steaked

this. i bought 40k link with my tax refunds from 2017-2019.

and i have day traded it succefsully to allow me not to have a job since 2021.

i can probably live another 10 years without work.as long as link stays above 5 dollars.

oif link goes under 5 dollars i will look for a job.

GREAT TECHNOLOGY
HORRIBLE TEAM OUTSIDE OF THE ACTUAL DEVS CREATING THE TECH
USELESS TOKEN
UNIRONICALLY THIS PROJECT WOULD BE BETTER OFF IF IT WAS THREE GUYS WORKING OUT OF A NAIL SALON

20k, 15k staked. tired.

tired

me too

do not want to go back to waging

do not want to sell stake rewards

For LINK to reach 75 USD atleast 20% of its total TVS needs to be staked directly with the token to secure it. Along with expanding the pool and increasing staking incentives. For example here are two scenarios that would accomplish that

PROJECTED GROWTH CAGR 40%

500 Billion in TVS

75M Staking pool expansion (or adhering to the 20% minimum staked in line with TVS)

650 million circulating supply

75USD PER TOKEN

CURRENT

70 Billion in TVS

45M current stake supply (or adhering to the 20% minimim value staked in line with TVS)

650M circulating supply

15 DOLLARS PER TOKEN

1. The bottom line is that TVS is requiring for the token to be directly staked or held atleast at 20 or until services can be abstracted away
2. Node operators and validators will perpetually stake their tokens to secure the network
3. The pool will be expanded based on the amount of TVS under like which requires atleast 20% minimum collateral.

Give it a few years

For Doge and XRP to reach the equivalent of $75 LINK they just had to get some retail bids.

he thinks that an "innovation officer" is actually involved with essential operations within a company

Lmao

Give it a few years

Yea the market is actually pants on head retarded

The more TVS grows. The more that LINK has to be staked, reducing sell pressure. The pool can theoretically expand to 70% if it needs based on TVS, ultimately reducing the supply by 70%.

In essence if LINK secures 1 trillion in TVS. 20% minimum of that value has to be staked directly with the LINK token. Increasing its market cap to 200 billion.

WHAT A BUNCH OF GIBBERISH. NONE OF THIS SHIT MATTERS. TVS, SUPPLY, STAKING EXPANSION. IT'S ALL A FUGAZI. THE PRICE WILL UP IF RETAIL DECIDES TO BUY.

"give it a few years" this little phrase is so hilarious and cruel that I almost cried laughing

If the pool size doesnt expand and only caps at 75M, then the value still has to be staked onto the token itself. Possibly with increasing its market cap directly to ensure that value is secured.

Increase usage doesnt directly inflate the price of LINK. But the total value secured in defi is directly tied to how much is staked. Wether thats by market cap or by expanding the pool drastically. But in the end that value has to be staked within the LINK ecosystem.

8% per year till 2030 lads
Stop overanalysing, its cll selling tokens

Thats also why the price is so low compared to its currently TVS. the circulating supply has expanded by a shit ton. Reduce the current supply to 2021 levels and LINK would actually be at 50 bucks rn

Well if one of these institutions were ever asked to actually buy some fucking link and use it for more than some CV bulking PoC then the price would rise

The mindfuck is that everything in this market is ridiculously overvalued, and so while it feels like link is being fucked, its actually one of the few being treated "fairly" (though still overvalued) while most of the rest of the top 20 is manipulated to hell by whales/exchanges/insiders.

Of course, even if you go by the thesis link will only pump when the fundamentals deem it necessary, you can still get fucked, because at literally any moment, speculators and market makers can just send it and create a new price floor, leaving you left out forever. Which has already been done to every linkie who sold during the initial google/coinbase pump, those linkies, even after 6 years, haven't gotten to buy back in, and in a best case scenario, even if they only traded for bitcoin and didn't sell for fiat, are still only just breaking even now.

Now the situation is similar, you can sell on the next pump to 30 or 50 thinking you finally got out with some profit... only for them to send it and establish the next price floor at 200 or something (which is NOTHING for the market makers in this market, considering link at XRP's marketcap would be over 200 already), and a new generation of early linkies would be priced out forever. And then they could crab walk it in the 200-300 range for another 5 years until finally sending it.

Circulating supply in NOV 2021 was 465m with a peak market cap of 15.934 Billion. if CLL expanded the pool to accommodate the ever expanding TVS as a minimum to secure their network. The price would reflect heavily. There are two options to secure it, either by increasing its market cap or reducing total circulating supply.

It is possible to expand the pool to 70% instead of directly increasing its market cap. Which unironically inflates the price too

Granted, crab walking it at 200-300 would already be make it territory for a swath of OG's, but even crabbing at $10+ already allowed a decent chunk of OG's to make it. 100k+ stacks who are staking most of their stack already make enough in passive income to live a lower middle class lifestyle, and there were a decent chunk of 100k+ anons (at least over 100, possibly up to around a thousand though impossible to say for certain due to split wallets).

The pool isn't actually being secured right now, slashing isn't even enabled, and its only working for the eth/usd feed. This isn't real staking, this is a testing phase that doubles as a bone to long term holders.

The lack of release of actual staking, a supposed fundamental factor in the whole network in 2025 is telling. Basically shows up that the whole business is just crypto flogging tokens to retail and any actual mechanics below don't matter.

exactly, chainlink constantly boasts about TVS and historic reliability, but these are just TRUST metrics

With everything still being in a testing phase for YEARS i might add, i really cant point to why the pool hasnt been expanded. Either due to the lack of functions being used by the service or waiting for the overall value secured to massively appreciate. As of right now TVS has not reached its previous highs. Id expect some changes after that has been passed.

No, what it shows (which anyone who has been paying attention since 2017 already knew) is that staking isn't self sustaining until there is enough jobs for the network. There aren't enough jobs that are exclusive to crypto/defi right now, which is the only area actually utilizing chainlink currently, because this market isn't a serious market, people gladly choose centralization over security as long as they're paying less in fees, the only people actually "using" defi/crypto right now are gamblers, and the dark web, along with speculators.

When legitimate tradfi usecases begin, ie swift in November, DTCC who knows when, etc, that's when staking will actually be required, as the jobs will produce enough value for the system to be self sustainable. Right now, for staking to be in use and self sustaining, the rewards would be so low they may or may not even cover the gas fees for nodes, making it pointless for nodes to even consider staking. And even if they did, if the rewards are pitiful, nodes would choose not to stake anyways. And because they're servicing mostly defi, you aren't going to convince other nodes to compete with each other with staked link for security, because most of defi doesn't fucking care about security, they want it to be "good enough" for the casino.

Its a chicken and egg scenario, you need the security of staking to entice tradfi to actually use these systems at scale. But you need tradfi to use these systems at scale in order for staking to be self sustaining. Anyone here since 2017 always knew this was the needle chainlink was trying to thread, it appears they have mostly done it through partial subsidization and working closely with swift, but ultimately until its actually in use by entities like swift/DTCC, nobody really knows. That's why anyone here even has the opportunity to buy in, if it was a sure thing the price would have been sent long ago and nobody would get the chance.

CHAINLINK NETWORK IS NOT MATURE/PROFITABLE ENOUGH TO EXIST WITHOUT BEING HEAVILY SUBSIDIZED. 8 YEARS IN. WHAT HAPPENS WHEN THEY RUN OUT OF COINS TO DUMP AND THEIR RUNWAY COMES TO A SCREECHING HALT.....?

The price hasnt been going up due to the expanded circulating supply. Bootstrapping ends when all of it has been released and they will be required to start paying for services.

This is the crucial point wether their "moat" strategy works and they would want to pay for services rather than monkey branch to another that will give them a free ride.

The gambit chainlink is counting on is obviously swift. That's going to be the point where everyone finds out if the emperor actually has no clothes. If swift integrates in November, and you don't see staking 1.0 immediately on the horizon if not already deployed, that's the point where its fair to start speculating that they did run out of runway. Its a shame because I almost suspect bad actors know this, and are suppressing link to force this scenario, then swoop in with their own oracle solution out of the ashes.

That being said, assuming chainlink was actually "chosen" as some anons have theorized for years, the suppression won't matter, and swift will literally be a flip switch moment as much as it gets meme'd on here. But ultimately nobody here really knows, and I think that's where a lot of the frustration comes from. Knowing you hold something that will be immensely valuable and not knowing when is annoying but you can be at peace with the certainty it will happen eventually. Knowing you hold something that could be immensely valuable but could also fail spectacularly is almost worse than a lottery ticket, because at least with a lottery ticket its already purchased and you're just waiting, for link holders many here can cash out now and walk away with 6, even 7 figures, but have to hold if they want to see this play out and may walk away with nothing.

I personally think its better to allow more time to progress. A single exploit can and will damage its reputation forever. But definitely it needs to hit its current roadmaps without any further extreme delays to prevent competition from usurping.

Kind of how they delayed solana integration for 2 years but now CCIP is live, it was able to capture 14% on SOL within a week. From Avax having a double spend issue, pyth with an oracle exploit, wormhole with their bridge hack. Sometimes delaying is your best option, in order to obtain full confidence from them.

Its simple, chainlink can be huge as a company, but none of that NEEDS to reflect in the chainlink token. The chainlink token was a scam to fund the company in 2017. Now its just a quaint holdover that the company doesnt need

Do people genuinely believe this still?

Its silly because if that was their endgame, they're highly incompetent, and lots of other cryptos did it far, far better than them (xrp included).

But yes. Higher TVS generally requires the LINK price to appreciate despite the current release schedule. They could obtain 300 billion TVS but still have the LINK token only be 30 bucks if all of them are in circulation