/biz/ - Business & Finance

>>20232940
Many anons think $10,000 is out of scope.
But I am sure a lot of people will be suprised very soon.
Let's wait for the next bullrun.
ETH will propaply hit $10k
If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
When is this going to happen?
2022 propaply.
Now think about it: In two years, there won't be that much adoption of smartcontracts yet. SWIFT's plan to switch over to DLT will be completed in 2026.
And I am not even speaking about the derivate market, insurance market and what not. There will be many more usecases, which we don't even think about yet.
So back to those $300.
If a bunch of retards and an influx of normies and speculators will be able to drive the price of LINK up to $300, what do you think is going to happen when real adoption kicks in?
Do you think the demand will only be 10x more?
No, it will be waaaaay fucking more.
Then once the laggards realize, what LINK is and what it does, they eventually start buying in as well, because of the endless positive feedback loop.
Imagine a stock where you know that everybody will keep buying it, no matter what.
Fucking amazon got pushed up to a trillion dollar marketcap.
A fucking shipment service.
Now imagine a protocol, which profits from the network effect.
And enterprises/node operators will earn money from providing data on top of it.
If there are still anons on this board who think that $1000 or $10,000 is out of scope, then I am sorry.
You have zero imagination.

>>20232940
>doesn’t realize $1000 is a fud
ngmi

>>20232940
LINK only needs a $382 billion market cap to hit $1000 per token. If you think this is impossible, you're unironically retarded. Just take a look at the NYSE, pic related. Also, XRP reached a market cap of $142 billion in the last market cycle, and the market caps are only going to get bigger with each coming cycle. Plus, a shit ton of the circulating supply will get locked into staking. $1000 is easy.

>>20232970
>If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.

LINK will flip ETH.

>>20233057
not too soon though. Might take a few years (10+)

>>20233057
LINK will flip ETH on it's back and fuck it hard.

>>20232970
I love it when retards pretend to be smart.

>>20233024
>comparing a pre-mined scam token to the highest valued companies in the world
Stay delusional stinky

Anyone care to define bullrun? You mean a bullrun like we saw last few days, or something more epic, like 2017?
Everyone seems to have a different definition of bullrun.

no but 100$ is completely possible in the next few years

>>20232940
It'll either take ages to get there, or it'll be like that episode of the Twilight Zone where that guy gets all the books, all the people finally die so he can read them, and his glasses break. IE, the USD will be inflated to where $1000 is of no consequence.

>>20232940
TA is horseshit.
Numerology, astrology and divination on the other hand is based and reḋ̴͉̱̣̩̳̥̭̞͓̠̭̼̜̣̺̠̗͕͖̈͠p̸̧̛͓̹̦͕͉͔̦̖̳̒͗́͆̆͋̽͊̈̉͐̋̃̓͋̇̔́̈́̀̚͜͝͝i̶̢̨̧̛͔͍̫̜͍̳̝̘͈͈͈͙̖͓͙̜̺̋̂̈́͗̓͜͜ͅͅl̸̤͙̝̈́̓̿̽͒̄̈́̉̌̋͗́̎̀̌̕l̵̛͓̞͚͙̘̟̝͖͉̱̥͕͓̹͓͎̫͌͐̋̃̍̈́͊̔̀̆̓̾͒̓̕̚͜͜͝͠͝ȩ̴̩̙̄̄͗̋̉̃̀̀̊̍̋̈͌͛̀̉͑́̐̂͆͑̕͝ͅd̴̢̪̰͕̠͈͉̥̯͖̮̠͚̥̖̯̩̺̞̿̈́̃̈̇͐̓̄́͘̚̚͝͝ WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I̸̧̧̨̱̱͇̞̮̻͕̫͔̙͂͐́̃͗̈́͌̕'̸̛̛̮̍̇͐̔̑̿̾͗̾̋̊͑̿͊̄̃̈́́̚̚̕̚̚M̸͉̮͉̗͖̖̃̂̿̓́̀̇̈̈̋̈́́̓̋͆̄͆̏͝ ̵̨̪̦̹̹̩͎̣̫͖̫͊̈́̽̿̈́́Ņ̷̡̤͖̦̝͔͔̤̟̙̞̗̖̮̗̩̬̠̒͒̃͊̐̋̈́̃̽̓̈̇̂͘̕͘͝͝͝Ơ̵̧̛̛̬̞̪͙͈̗̟̱̭̹̘̪̍͛̋̍̋̈̓̾̂͋̇͛̃̃͂̚̚͜͜͝͝͠Ţ̶̨̡̨̛͉̺̩̼̗͚̗̬͕̖͇̥̞̌̈́̿̈́̀̐̍̑̋̚͘̕͝ͅ ̶̛̭͖͚̇̾̆̇̈͆̾͌͆͌͐̀́̕̕J̸̨̧̛̛̖͕̳̠̥̳̳̖͍̻̜̪̠͇͚̯̫̳͚͐̒̉̓͆̾̀͂̋̉̍̀͛͐͠͠͠͠O̸̧̯̘͎̞̖̱͔̙͍͕̤͉̝͍̱̦͙̟̪̔̈͒͋̓́̀̄͜͜͜K̵̨̪̻̼͉͕͇̘̻̰͊ͅǏ̵̢͓͕̺̖͎͓̺̮̱̩̖͈̯͚͜N̷̠̣̣̮̦͚̝̻͈̉̐̔̓̉͂͋̀͐͑́̓͋̓͊͌͒͘̚̕͝ͅG̷̡̢̢̧͎̘̙̭͙̜͙̻͚̟̩̩̻̬̩͍̱͇̯̎̇͜!̵̧̛̹̺̻̻̩͙̠̠̳̟̰̪̉͋͊̂̓̾͂͐̽̓͘̕̚̕͘

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

EVERYTHING IS ENERGY AND VIBRATION
ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU

>>20233173
USD/LINK price feed when?

>>20233173
Whatever currency is in use, Link will still fetch more and more of it. The dollar value is irrelevant, but it's all we have to describe what we mean atm.

>>20233144
>comparing a pre-mined scam token to the highest valued companies in the world

You're right, the potential valuation of Chainlink is actually much higher than that of publicly traded companies, since it is more akin to things like SWIFT ($153 trillion dollar market every year) and derivatives ($640 trillion dollar market). Comparing it to dinky little companies is actually FUD. Seethe and cope.

>>20233168
>T. Midwit who will sell way too early

>>20233337
>VISA is only at 416m
Yeah, I’m sure your bags will be used more than VISA. Cope more.

>>20233167
>last few days
>bullrun
There's only one definition of a bullrun newfag. In 2017 you could throw money at any project and 10x within a week.

>>20233090
link is flipping eth this month

>>20233390
See >>20233337
Completely different scope. It's more appropriate to compare link to swift or derivatives

>>20232940
There is no fucking proof, it's all probability. Here is why it is probably going to happen.
>Actively adds value to DeFi, underlies much of the industry
>Actively adds value to Ethereum, which is (like it or not) the most popular (by far) blockchain for youthful talent in the world
>People behind the project are the leaders in the industry
>Data is the most important concept in the information age
>Poised to be an integral part of EVERY SINGLE mechanism that makes up the 4th industrial revolution
>Absolute monopoly on their respective market
>Actually will have dividends in the form of staking rewards, unlike BTC
>Finite supply
>API economy is already a thing, so it's tapping into what already exists as a fundamental driver of MASSIVE economic growth
>the memes are literally top tier, shifted the perspective of the entire industry's marketing tactics
>price action indicates a lot of incredibly bullish information, rose from rank 120+ to 12
>clown world, so why not
I'll add more if I think of any.

>>20233444

>>20233444
CHECKED AND FLIP PILLED.

>>20232940
>one trillion market cap
yes anon for sure it will go to 1k and everyone here will be rich

>>20233390
You fucking nigger, LINK is a whole security layer, a protocol, a framework! Not just a fucking publicly listed company!

>>20233597
Only the circulating supply counts, retard

>>20232970
I actually scared thinking back how ETH went from pennies to $1500 in like 3 years, and also with enough liquidity provided at these prices to exit massively. Very few knew about ETH at the time or maybe for a week and forget again. Even less people acknowledged the fact I laid out first. And what is the most scary thing of all is that everyone forgot, like it did not happen. And ETH is comparable to babbys first implementation of the internet FTP/NCP that eventually became obsolete or very niche case.

I cant believe pennys to $1400, and no one cared and cares now.

LINK will trade somewhere between $5000-12000 in 2035

>>20232970

Yeah it's real simple. Link, aka a fancy json parser, just needs to replace the entire banking system.

I mean, that sounds simple right? So trust me that it is.

(for what it is worth, I hold link, but you guys are retarted nonetheless)

>>20232940
Link is a scam

>>20233692
Is that nominal USD amount equivalent to the 2020 real value of $5000-12,000 USD in terms of purchasing power or are you factoring in an inflated USD?

>>20233708
LINK will work with banking system

Are you literally newfag or just linkie fudding?

>>20233708
>T. Midwit who will sell way too early and neck

>>20233651
>Only the circulating supply counts

>>20233597
yes anon for sure ETH will go to 1k and everyone here will be rich

>>20233857
Cope.

>>20233542
>>20233566
thank you

>>20232940

Let us assume chainlink can reach a 500 billion dollar market cap through the disruption of just one single industry mentioned by any number of anons above. And let's also assume, just like synthetix and other staking based token regimes, that at least 80% of the circulating supply is locked up in nodes. To be conservative, the team has unlocked another 350 million tokens into the market place for development of the protocol, leaving us with an effective circulating supply of 700 million. Further, lets assume that all of these virtuous cycles driving the price upward continue, such that there is some constant which signifies just how likely someone is to sell a token once it is unlocked from a node due to the slope of increasing token price. Lets assume someone is just as likely to sell vs hold and continue staking (making the constant 0.5). We can derive a rough estimate of token price:

(500,000,000,000/(0.5(.2x700,000,000))) = 1786 per token.

Suck my cock fags we're all going to be rich.

>>20233444
trips confirm, strap in

>>20233975
Based

>>20233692
not factoring inflation.
who knows what will happen with the infinite money printer or if the EURO doesnt blow over till then.
I just see that the FAANGs of today take their 15-20 years to reach maturity after they were founded. The idea of e-commerce in itself was technically stemming out of the 70s/80s. The same with pre web search engines out of the late 80s.
Sergey being 32 years old hungry as ever ("I mean thats just cool, I mean that exciting") and scheming in this industry for 6+ years has everything what it takes. It will probably be very valuable, just cant tell how denoted its going to be.

>>20232940
No, retard. You fell for the memes. Chainlink will top at about $25 billion marketcap or so.

>>20234209

Provide proof.

>>20232940
https://twitter.com/zerohedge/status/1281367532964904963

Is there a rational reason to think that marketcap is in any way relevant, and not a funny mind game?

>>20233444
fuckin chekt
fuckin based
fuckin chekt
fuckin based

>>20232970
Oh anon pls. I have gambling addiction and you are making it worse. I just want to set and forget my LINK. Bury it then open it when it becomes 10000. Don't tease me with making it seem like currency 2.0

>>20232940
Lol no you would be extremely lucky if it were to hit 100. Do u guys actually not understand market cap, haha, i swear some of you linkies are xrp level iq (thats not a good thing).

>>20232940
the god protocol is the largest market on earth.
chainlink solves the god protocol.

>>20233444
damn, i knew about this but didnt think you guys would catch on this early. Looks like almight Kek wants you to be in the know yet again. smdh

>>20233708
based

>>20234675
>https://twitter.com/TrustlessState/status/1281254886919692291
and you think it's possible for them to blacklist Chainlink addresses? where is that in the token contract?

somebody walk me through buying link, i'm an actual idiot and need hand holding

>>20232940
Think about how much money anons can make by running a node.
When people find out how much money they're making, lots of people will be buying up LINK to try and get in on the action.
Demand will go up and up and up as people buy for the nodes, and then you'll have people just buying to speculate on LINK itself, no nodes or anything.

Just fucking hold. The future is a lot more scarce than you think, in a good way. Supply and demand.

>>20235291
Go to McDonald’s and order a Big Mac. Then tell them to make it “extra stinky”, they’ll know what you mean. Once you get your order you should see the links in the bag.

>>20235346
awesome, thanks!

>>20235291
coonbase

>>20233444

33444% BASED

SERGEY HAS SAVED US

WE'RE ALL IN THIS TOGETHER

>>20233708
>replace the entire banking system
the whole point is, unlike shit like xrp, link means keeping your legacy systems , and being able to blockchain enable them

>>20232940
No.

>>20235440
Dont teach retarded moonzooms

>>20235410
lmao

anyone know where to trade tlc coin in us fast and easy

Hey guys I'm new here. How do I get into crypto and buy link?

Every single person in this thread that has mentioned market cap or compared it to the valuation of a company is a complete retard. If you are thinking this way, you do not understand what link is, you also do not understand what market cap is, and you will not make it because you are so far from understanding them the that it would be futile to have a discussion with you about them.

>>20232940
Online gambling returns(120b industry by '23) 150+ per link per year, at 10% that's 1.5k. Add in 5 trillion in insurance premiums, real defi not this chink scam shit we have now, 1.2 trill trucking, shipping, 25k a trade in derivatives.

JUST KIDDING THIS SHIT WILL NEVER HIT 7

Sergey is satoshi
1k is FUD
Sergey will be a Bill Gates, Steve Jobs, Elon Musk type household name
chainlink is literally ushering in the 4th industrial revolution
every industry is going to be upended and swallowed

>>20233144
>>20233511
>>20233188
>>20233444
>>20233500
>>20233566
>>20234055
>>20235644
>>20235966
>>20236060
"Kike Nigger Jews again!" Sergey roared stomping into his office decorated to look suspiciously like the Cayman Islands.
"What's the problem this time?" inquired Adelyn looking up from her wet dictionary with a jaded glance.
Rory and Thomas stood over in the corner by the coffee machine. Rory shrugged his shoulders, Thomas rolled his eyes and mouthed "not again" to Rory. Rory, not wanting to get involved in yet another morning 'incident', thought of his wife's son and all they had built together.
"Well..." Sergey began before staring into space for a solid 42 seconds. The others had grown accustomed to this and waited patiently.
"The media, in all their wisdom cannot see the value of smart contracts but flippantly share BLM bullcrap". Rory and Thomas kept their poker faces while Adelyn blew a big bubble of HubbaBubba, seemingly immune to the rhetoric, possibly because she was an azn woman.
"And, what's worst" Sergey continued jumping up and down and flailing his arms around widely, "that Microsoft dude is coming today and I'm just not in the mood to talk about "how much I care about BLM" Sergey fingered the air widely overemphasizing the quotes and the problem.
"aww just focus on your oracles sweetie" said Adelyn cooing, "that's what he's come for. Try and stay focused!"
"yeah focused and 1keoy" thought Sergey. Outloud he said with a wink "You're right my little spelling bee, everyone come over here for a group huddle"
Rory and Thomas sighed in unison but Adelyn complied with a white people walking past you expression on her face.
Each put their hands into the center, "One Two Three, We Just Win" they shouted together smiling the Smart Contract mandated smile.

>>20235966
BASED

>>20236111
checked

>>20235966
WTF ARE YOU SAYING YOU FUCKING NIGGER

give me a quick rundown on this bible passage

>>20236111
what's a wet dictionary?

>>20236203
I'm saying 1k isnt EOY, it's PER year. You gay faggots are just too low iq to understand.

>>20232940
>2026
Just look to the time traveler OP
No one can truly prove how high it can go, instead, look at chain link itself and see the trends with it's partnerships and backing. If it fills you with confidence then keep buying more and don't stop, if your still second guessing then hold and wait
in the end, your the only one who can make the call. Don't rely on another to tell you what to do or you will never take responsibility for the choice you made and instead will blame them for it.

>>20236300
How about you speak english you motherfucker!

>>20233115
He propaply thot out his argument relly hard.

>>20236401
That mean one link would be worth 20k if he's right

>>20236325
Literally retarded

42

>>20236577

>>20232940
welcome to crypto, fren

>>20233024
Just for some perspective, the entire market cap of the entirety of the crypto market, scams and all, would barely even make this list.

BTC wouldn't even be listed.

>>20236297
a-ha it's a reference to another pasta. Lurk moar