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14428398 No.14428398 [Reply] [Original]

There is 350M circulating LINKies (I sincerely don't know how the other 650M will enter circulation, if you can help lmk).

To get to a $1000 you'd need at least $350 trillion of a market cap. For comparison BTC is just above $212 trillion, ETH is at $32 trillion.

From where I stand, a $1000 is impossible in general and ofc eoy.

What do you think?

ps. just dumped my whole savings on this coin

>> No.14428424

>>14428398
This is EXACTLY the type of person I imagine is invested in link.
<80 IQ
>140 IQ
No middle ground.

>> No.14428465
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14428465

>>14428398
>>14428424
>>14428424

>> No.14428502
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14428502

>>14428424

>> No.14428504
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14428504

>>14428398
You're disregarding staking and tokens being locked in contracts and nodes. Also you're not realizing the real-world adaptability link brings to the table

>> No.14428520

>>14428398
lurk moar faggot

>> No.14428551 [DELETED] 

>>14428424
And thank me later

https://imgur.com/mYHu4FB

>> No.14428560

goddamn im glad i dumped every last one of my pathetic shitcoins into this

>> No.14428583

>>14428504
Can you provide more resources for this?

>> No.14428596

bump.

>> No.14428632

Market cap is just last sale price x total # of tokens you dunce

>> No.14428642

>>14428398
Whole fucking crypto market is still under a trillion.. brainlet.

>> No.14428646

Is Holo also a good investment?

>> No.14428651

What kind of market cap would you need for $100? Or $250? Both of those would set me up for life.

>> No.14428680

>>14428551
Nigger

>> No.14428719

Price will be inflated by users eventually using LINK based smart contracts to trade LINK for derivatives, gambling, etc. Long enough options mean a significant amount of LINK can and probably will be locked away at any given time. Thus the expected ultimate circulating supply can be a bit misleading.
..Well, unless everyone goes full retard and nobody ends up using LINK for the smart contracts. If that happens, its dead in the water with those numbers.

>> No.14428721

>>14428632
which would mean that the inherent value that the token brings to the table is on that value.
what does LINK bring to be justifying a $350 TRILLION mc?
especially when, as >>14428642 mentions my OP was shit and the whole of crypto is less than $500B anyway.

>> No.14428727

>>14428651
Yes

>> No.14428733

>>14428646
NO
O

>> No.14428740 [DELETED] 

>>14428721
And thank me later

https://imgur.com/A6seIGZ

>> No.14428747

>>14428651
$100 * circulating supply

>> No.14428768

>>14428719
>how can we even fucking say that this convenience is worth $2.5 per coin?

that was what I was gonna write. but now I thought about it and I get it. They are trying to move all those functions from traditional centralized markets to the blockchain.

fuck. I have to buy more of this shit.

>> No.14428918
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14428918

>>14428398
>btc is 212 trillion, eth is at 32 trillion