/biz/ - Business & Finance

>>13505293
It’s literally the two Chainlink logos

>>13329451
Sauce now pls

Post what you think the price of LINK will reach by the end of 2019, 2020, 2021 and 2022

>>13081777
Nice digits ya got there

$20-40 EOY 2019
$150-250 EOY 2020
$500+ EOY 2021

>>12545117
Anon, you will make it handsomely. There’s honestly no need to sell your home. I believe the LINK token will EASILY reach $300-400+ next bull run with the potential to go even higher. Let me break it down for you using my personal conservative estimates:

This analysis assumes that Chainlink will be successful and end up being the oracle standard for crypto.

Based on the next halving and fractal pattern for Bitcoin, it appears that the next bubble peak will occur sometime in 2021 or 2022. Taking a look at the fractal patterns its made in the past, I believe Bitcoin has the potential to reach around $150k-$250k next peak. Using a price of $200k/BTC times the projected future supply we reach a potential market cap of $4T.

Bitcoin reached a low of about ~33% dominance last bull market. We have to keep in mind that the reason behind that was an endless amount of shitcoin ICOs. If Chainlink really does lead the next bull run there likely won’t be all these new cryptos inflating the market cap. Let’s be conservative here and use both the current and previous low BTC dominance to find a potential market size:

$4T as 50% = $8T total market cap
$4T as 33% = $12T total market cap

Our potential market cap is $8T-$12T. Let’s use an absolute worst-case scenario to calculate LINK’s price: let’s say Sergey has dumped tokens onto the market and LINK has 700M in circulation. Now let’s assume LINK only makes up 1% of the market (currently around 8th place on CMC for comparison). Using a $10T market cap, the price of a single LINK token would be worth over $142 meaning you’d have over $11M.

Ethereum and Ripple control about 10% of the market each. Let’s use half of that, (5%) to be more realistic, yet conservative. Let’s continue to use 700M tokens I’m curculation:

($10T * 0.05) / 700M = $714/LINK

$714 * 80,000 = $57MM

Hence why $300-$400/LINK is conservative. Now do you understand why you don’t need to sell your house?