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re: Official CryptoTalk Thread

Posted on 8/9/20 at 7:25 am to
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/9/20 at 7:25 am to
I’m already in with 224 of them. Just can’t convince myself to buy more.
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 8/9/20 at 7:35 am to
Yea , BTC cant decide what it wants to do. Almost like this is a select ALT season . DEFI season ?
Posted by jmcwhrter
Member since Nov 2012
7801 posts
Posted on 8/9/20 at 7:42 am to
Was there any actual news that started this run?
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 8/9/20 at 7:43 am to
Chainlink hits all-time high, spiking 26% within 24 hours
A $20 million LINK short was just liquidated on Aave. Was it Zeus Capital?

LINK
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18019 posts
Posted on 8/9/20 at 8:34 am to
What's the ceiling for which contact developers would be willing to pay for a link token to be used in a contact? As I understand it (I probably don't really understand it), data that applies a contract from an oracle node is paid for with a link token. But how high is too high for it to be worth it?
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/9/20 at 8:39 am to
Link is divisible by 18 decimal places. It will be pegged to a USD value .
Posted by Sultan of Swing
Member since Aug 2015
265 posts
Posted on 8/9/20 at 9:05 am to
CE,

Just curious are you doing anything with staking/operating (whatever the term is) a node? As I understand it there’s no minimum needed to operate a node but the more you have the more incentives there are.

Between my family members and I we have about 22k link. How can we best utilize this? Any info would be much appreciated. TIA
Posted by RATeamWannabe
Baton Rouge
Member since Sep 2009
26018 posts
Posted on 8/9/20 at 9:07 am to
Obv not CE, but I’m not sure they have announced all the details about nodes yet.

If the cap really is <$50, then I am probably going to put mine in a node as well
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/9/20 at 9:18 am to
I’m not sure. The goal has to always have Coinbase announce staking or some very trusted pool where I can stake the link in someone else’s and earn more link
Posted by lsuguy13
RIP MATT
Member since Mar 2004
9509 posts
Posted on 8/9/20 at 9:56 am to
Whats that
Posted by dkreller
Laffy
Member since Jan 2009
33673 posts
Posted on 8/9/20 at 10:25 am to
Nodes are used for data verification. If you lock your link into a node, rewards are paid out in Link depending on the performance of the node. Verify good data and you earn link. Verify bad data and you lose link.
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 8/9/20 at 10:37 am to
LINK is a monster . That is all . Thats the post. Good day.
Posted by Codythetiger
Arkansas
Member since Nov 2006
30327 posts
Posted on 8/9/20 at 11:21 am to
$14.00
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 8/9/20 at 11:22 am to
MONSTER !!
Posted by eng08
Member since Jan 2013
6004 posts
Posted on 8/9/20 at 11:44 am to
Giddy up! $15 here we come!
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 8/9/20 at 12:16 pm to
My god. I’m so fuxking rich
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 8/9/20 at 12:16 pm to
CE Tiger deserves 1,000,000 virgins
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 8/9/20 at 12:16 pm to
I’m so fricking rich
Posted by DreauxB2015
Member since Nov 2015
7913 posts
Posted on 8/9/20 at 12:20 pm to
Not at FU money yet . Needs to get higher .
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 8/9/20 at 12:20 pm to


Can’t tell you how many of my friends and coworkers I shilled this shite to. I had 3 buy in. Props to you degenerates for trusting a random guy on an Internet forum .
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