/biz/ - Business & Finance

>>18533061
It doesn't matter. You're right but you're wrong. Speculation implies there cannot be informed speculation. Chainlink is a way better gamble than something like HedgeTrade, Neo, Cosmos, IOTA, etc. The reason being is that Chainlink has made progress whereas the other projects have not.

I put in $100 of anything and everything I can. It's a cheap gamble. For example I have 1,000 IOTA. I can sell at a profit right now, but I won't sell because in the rare chance it moons to 100 I will have 100,000 usd.

With Chainlink this is way different. I have a 10k stack purchased at $1. I absolutely think Chainlink will go to $100 much the same way ETH did. Usage is growing at a quick rate.

>>18530058
Because each crypto has its own boom and bust. Just look at LINK's past 1 month. It did something very different than all other crypto's, it does not move with BTC.

ETH was found out to be centralized and is basically a shitcoin, just like litecoin. ETH wanted to be LINK but failed because it doesn't have any use cases. LINK has all the partnerships, all the connections, is decentralized with validated nodes (resistant to attacks doing it this way), and now thanks to media attention and more usage it is going to explode.

If it will actually reach 1,000 USD then there will need to be a major adopter within the financial industry.