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15060903 No.15060903 [Reply] [Original]

When?

>> No.15060942

>>15060903
Realistically within the next 5 years so 2025 we will see $1000+, If Ethereum can pump to over $1000 just from hype and new tech imagine chainlink over the next 1-2 years. Optimistically by 2021. Pessimistically by 2027-2030.

>> No.15060955

2042

>> No.15060968

i really want to believe but can someone redpill me on how circulating supply isn't too fucking big to reach 1000? market cap would be insane

>> No.15060976

>>15060903
2020, we will hit 20 cents first though.

>> No.15060990

Would be a nice edit if the person who inspected element wasnt retarded

>> No.15060994

>>15060968
Staking will decrease the supply circulating on the market, by EOY 2020 there will not be 350M tokens in ciculation.

>> No.15061004

>>15060942
Most realistic price prediction I've seen in the last 2 years. I've always said that one should hold link for at least 5 years.

>> No.15061006

>>15060994
when will staking begin ?

>> No.15061013

>>15061006
When it happens it will be too late for you

>> No.15061022

>>15061006
You can stake chainlink already as coinbase has a node but you need one million dollars worth of chainlink. Public staking will be in a couple of months but unknown I'm pretty sure right now, It will come soon though on Link Pool.

>> No.15061029

>>15060968
Two things.

1. Link tokens will be staked. Likely hundreds of entities from Linkpool, Tesla, and Gemini will be running nodes. Removing them effectively from circulating due to the annual return estimated to be 6-8%.

1. Those tokens staked and out of circulation represent value. They are transferring value from party A to party B. This could be anything from insurance, derivatives, lottery (IGT Technology with a contract with VA Lottery), etc. you are literally buying a token that transfers VALUE in some form from person a to person b (or company).

>> No.15061042

>>15061004
I'm sure we will see double digits in 2020 but only time will tell. We will have a much better perspective at the EOY when we know the price. If by EOY the price is not above $10 we will know it has a long way to go or a little bit of time until adoption. If it goes over $50 or gets close to $100 then $1000 may be closer like a year or two close.

>> No.15061064

>>15061022
Wrong. No steaking until penalty and deposit contracts.

>> No.15061092

>>15061064
I wasn't sure on staking, I hope it comes soon though.

>> No.15061136

>>15060942
isn't link an erc-20 token. So you're saying that link will be more expensive than eth one day?

>> No.15061176

>>15060942
Makes sense. Look how long it took BTC to really go up into the stratosphere.

>> No.15061178

>>15061136
With the use of threshold signatures on Link it will reduce the cost of ETH as a form of gas exponentially. ETH has no reason to go back to 1k ever, assuming Chainlink is mildly successful and multi sigs help keep ETH 2.0 comfy. I'm bullish on ETH as a long term project and ecosystem though.

>> No.15061183

>>15061136
I think that LINK will be more expensive than ETH at a point in time but I don't think ETH will stay this way. LINK doesn't need ETH but ETH and BTC need LINK. Klaus Schwab of the WEF said that by 2025 10% of the worlds GDP would be in smart contracts which would be around ~5-8 trillion.

>> No.15061220

>>15061176
It's all speculation at this point, Lots of things are promised and many important events are happening before the end of 2019. Sergey himself even said that "This is the year..." and "We're gonna make it like next month." If the price isn't over 10$ by end of 2019 we will know that we have around 2-5 years left until triple digits or $1000. If it's over 50-100$(Breaking triple digits will be huge) then expect LINK to be $1000 by 2021.