Question about the token economy of chainlink

isnt a high tokenprice counterproductive to a decentralized network?
small nodes would have a hard time to buy later and early buyers have a massive advantage on them
woud they not be driven out and search a oracle alternative?

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Cant you just buy a small part of a token though?

18 decimals

Fixed USD price combined with 18 decimals make token's price irrelevant.
E.g:
>Link is $1000/token
>Every node data request cost $0.30
>That's just 0.0003 Link
Problem solved, that's what people mean when they answer "18 decimals" and they are right.

If your question is "will early adopters have an advantage?" then the answer is yes of course. Same for anything

LINK is intrinsically worthless. Node operators can be paid in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA......

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They just gang up on anyone who bring this up. They'll tell you that you're a retarded brainlet who should kill himself, and not a single post will give a good argument as to why you're wrong, and you can guess why. They're a cult.

Eth as input the value is in link tokens which can be traded in for a capped and limited amojnt of links in circulatioj which would still need a value high enough but just under eth to trade woth it. ETH is a banking development, it's literally banks introduction to cryptocurrencies hence its high share in cryptocurrency value wither way its a wait and see, chainlinks are the crypto shares you recieve from token for being nodes this will be the more popular strwamlines form of node usage so you can expect that link tokens will be the most valuable in this field.

Reason for hinting towards banking is because smart contracts fill in the void as a niche for cryptocurrency adoption by buisnesses and banks. Another hint is to look at the offices of the developers. This means both growth alongside growing crypto's and on its own independcy as so long as adoption takes place for any and all cryptocurrencies, it's a smart investment but I think its better to remain silent so we can gain more adopters willing to use cryptocurrency as a whole. It's still in it memetic infancy stage which means and can either die out before it becomes powerful enough or lead to big amd better things, this is what I believe chainlink will introduce to keep a market alive that we are investing into no matter what the coin is.

>replying to pasta

Wow, absolute gibberish. Do you have a thought disorder that makes it difficult to order your thoughts? Because you communicate terribly. How can anyone understand you?

This

>Uh oh, pissed stinker incoming HAHA......
kek

Wut

Uh oh, pissed stinker incoming HAHA......

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HEY BUDDY I KNOW THIS IS A TOUGH CONCEPT FOR YOU TO UNDERSTAND WITH THAT SMALL BRAIN OF YOURS BUT THESE CRYPTO COINS THAT ARE ALL THE RAGE THESE DAYS CAN BE BROKEN UP INTO SMALLER QUANTITIES AND IF THE PRICE GETS HIGH NODES CAN BE PAID WITH .0000## LINK YOU

ALRIGHT, time to talk about ChainLink's price.

I've been crunching some numbers, researching how much api providers charge right now, looking into Oraclize and other oracle services customer-base and how much are they paying...

And I've came to the conclusion that LINK holders are completely out of their mind. The network just WON'T have nowhere near the fee revenue to justify the price predictions that are thrown around in this board.

If we're LUCKY, we might see a 10MM USD a YEAR at the beginning at the network. It's fucking ridiculous.

Even if we the network eventually gets adopted by a few banks for derivatives trading purposes (which WON'T happen in less than 03 years, you idiots have no idea how far away smart contracts are from being actually usable) it'll be HARD to get over 100 MM usd a YEAR in network fees. Shit just isn't that profitable.

So yeah, LINK is basically overinflated in price because delusional neets bought into the non-sense from a group of LARPERS and didnt actually do any research.

There needs to be a discussion about this. Maybe we can get nootropicat to FUD the token economics and get some answers?

MEANT TO CALL YOU A RETARD BUT GOT DISTRACTED SORRY FOR LEAVING YOU HANGING LIKE THAT OP

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Yeah, anyone that doesn't speak English has a thinking disorder kek. Good 9ne burger.