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/biz/ - Business & Finance

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File: 3.37 MB, 4096x3445, Link charts v4_2020-08-28.jpg [View same] [iqdb] [saucenao] [google]
21973338 No.21973338 [Reply] [Original]

As always, the point of this chart is just a simple thought experiment: "What would the price of LINK be if the crypto marketcap was X and link was at rank Y?" This isn't meant to be predictive, I'm not saying we are gonna hit a particular rank/mcap, just putting some perspective on what it would take to get there.

In addition to the price of link at the % dominance of current coin ranks, the rows with the price of link if it hit the historical % dominance that different altcoins (BCH, XRP, ETH) hit at their respective peak % dominances. Note: not peak price, peak dominance.

What I think this chart is saying right now:

1. Selling below 30$ is probably not a good idea. It's very likely the total crypto mcap will eventually reach it's old ATH, and all link has to do is maintain it's current rank/dominance and we will get in the 20$ range no problem.

2. If Link ever has a 'mania', the price could get pretty crazy. If link hit the % dominance that BCH, XRP and ETH hit at their peaks, that's putting us in the 100$-200$ price range, even just with the CURRENT market cap. Those rows are still hopium, but at least slightly plausible hopium, which makes the hopium dopamine better somehow?

3. 1000$ eoy is a meme, for this year at least. Keep critical of link, this is an amazing project and investment but there's always a chance things could go wrong. Plan the circumstances under which you will sell in advance.

4. I cannot fucking believe we are consolidating at 15$. This still feels surreal. I thought the pullback from 20$ was gonna go back to single digits. We'll see how day 2 of smartcon affects things.

Good luck anons

>> No.21973363

>>21973338
Thanks for the hopium op.
Cautiously optimistic.

>> No.21973388

How the fuck is the market cap going to surpass one, let alone two trillion? Maybe in 10 years..? Seems unlikely

>> No.21973421

>>21973338
So why people says btc could be 1 million?

>> No.21973422

>>21973338
Holy fucking shit actual quality content on /biz/. Nice job OP

>> No.21973430

>>21973338
Always appreciate the charts, anon.
I know it's all wild guessing, but how soon do you see the crypto market hitting 1 trillion?

>> No.21973557

LINK will flip btc with 77.77% market dominance

>> No.21973585

Is that really you, Armadillo?

>> No.21973677

>>21973388
Trillions are peanuts these days.
Somehow.

>> No.21973700

>>21973421
Because a 20 Trillion market cap is not unrealistic when the world makes a big move.

>> No.21973860
File: 48 KB, 359x314, 02DA00C9-F7E6-42C7-9D76-1DEFB6924095.jpg [View same] [iqdb] [saucenao] [google]
21973860

Total market cap to $2 trillion by the spring, LINK dominance at 5%, cap it. YFI will continue towards (and maybe past) $150k, LEND/AAVE and SNX will continue amassing liquidity. Any DeFi protocol which introduces unique utility or collateral will moon (DMG and AKRO are two that look early and prime).

Been here since 2014, we are very early in this rotation’s bubble, perhaps even a year early.

>> No.21973864
File: 135 KB, 936x528, GroriousSergey.jpg [View same] [iqdb] [saucenao] [google]
21973864

>>21973388
I'm only replying because of those digits
Heil Hitler
It only needs to go 20% higher than last bullrun to be 1T.
DotCom boom hit 8T
World awash with cash
Gas em
&
$1000 EOY

>> No.21973898
File: 38 KB, 800x388, ETYOkxwU0AATdz5.jpg [View same] [iqdb] [saucenao] [google]
21973898

>>21973860

>> No.21973988

>>21973864
didn't notice my digits until you pointed it out, based digits will provide blessings to surpass my concerns of a slow market cap growth

>> No.21973992
File: 15 KB, 256x260, 2FEE9D41-BAD2-4054-97C2-23F14964DF74.jpg [View same] [iqdb] [saucenao] [google]
21973992

Once the uptrend starts and shoots past ath there will be little stopping link on its way up

>> No.21974059
File: 69 KB, 391x397, sneakielinkies.png [View same] [iqdb] [saucenao] [google]
21974059

>>21973992
here fren, open image and save as. for custom fitted.

>> No.21974109

>>21973585

Forgot trip

>> No.21974151

>>21973430

Yeah that I have no idea at all. My favorite macro forecaster is Nick Merten, and he thinks 100k bitcoin in late 2021 or 2022. I think we have another couple of years at least until 1T

>> No.21974156

>>21973860
Lending platform getting liquidity means there is a higher short term circulating supply of Link which will artificially put pressure on the price the same way a bank dumping 10 times the annual silver production in paper derivatives drives down the cost for real silver.

>> No.21974619

>>21973988
>>21973388
HH

>> No.21974711

>>21973388
>>21973988
This may really be Hitler changing the post numbers from the astral plane telling us to do something once we make it...

>> No.21974763

>>21973988
fuck he's speaking to me guys, what does it mean? I've never gotten so many 88's

>> No.21974929

>>21973388
Apple's MC increased by a trillion this year alone. It's clown world.

>> No.21974978

>>21974763
you were given an answer

>> No.21975121

>>21974763
If you look up the meaning of 88 on google you get something like:
>Number 8 is related to patience, ambition and success.
>88 means that you will have a lot of progress and success in the future period. You just have to use your intuition and your inner wisdom.

It fits quite well with your posts and my post getting 11 saying to do something once we make it.
>Number 11 is a message from angels concerning your soul mission or greater life purpose. When the angels send you messages containing number 11 they are sending you inspiration and encouragement to develop your abilities in ways that will help all of humanity.

>> No.21975701

>>21975121
Will you schizos take your fucking meds already

>> No.21975714
File: 3.20 MB, 600x450, 00D8F06D-0F72-4D0C-A56E-339434F7A460.gif [View same] [iqdb] [saucenao] [google]
21975714

>>21973864
>DotCom boom hit 8T
Did not know this. Wow

>> No.21975909

we're pumping right now

>> No.21976071

>>21975701
I am not a schizo, but a rational INTJ keeping track of all unlikely events and calculating their probability.
The probability of getting 88 is 1/100 which could be attributed to luck.
Getting it two times in a row has a probability of 1/10000.
The problem is these kinds of things keep happening a bit too often and with probabilities lower than 1 in a million for some of them.
The numbers seem to have a special meaning in some cases related to the mind state of the poster or the content of their message which could make the probabilities for a random event even lower if included in the calculation.

Now we have to consider someone is tampering with the post numbers.
It could be a mod, or a group of mods, but it's not impossible for this to come from an advanced AI which would know someone would try to understand the meaning of the numbers used as it would be a bit hard for one person to be the source of a massive manipulation even if it was only for 4chan.
I don't exclude the probability of an astral entity as all possibilities have to be considered.

>> No.21976145

>>21973557
Delete this

>> No.21976217
File: 127 KB, 1280x720, DeleteTHIS.jpg [View same] [iqdb] [saucenao] [google]
21976217

>>21973338
>4. I cannot fucking believe we are consolidating at 15$. This still feels surreal. I thought the pullback from 20$ was gonna go back to single digits. We'll see how day 2 of smartcon affects things.

This is what happens when you keep doubling down on price predictions based flawed logic. You keep thinking Chainlink's value is solely tied to bitcoin movements when Chainlink is literally leading the De-Fi charge. Your chart is not accounting for ANY of the network's usage and that's literally where all the price speculation, the 1K EOY!!! meme, all that jazz were derived from.

So please, take your chart, make a like a leaf and LEAVE.

>> No.21976414

>>21973338
We're flipping ETH soon.

>> No.21976680
File: 22 KB, 1280x133, 4chan prediction.jpg [View same] [iqdb] [saucenao] [google]
21976680

>> No.21976811

>>21973338
This shit is going to either $1000 or $0. I am not gonna sell a single link you hear me

>> No.21976897

>>21976071
>1/10000
thats wild