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16778350 No.16778350 [Reply] [Original]

could someone explain to me with actual maths how this shit could ACTUALLY one day be $1000?

>> No.16778360

>>16778350
its a scam, the maths is 0

>> No.16778368

>>16778350
heres my math.

Link= pee pee
+
Marketcap= poo poo
=
$1000 EOY check em

>> No.16778370

>>16778350
price goes up
price equals $1000
its worth $1000 anon

>> No.16778424

>>16778350
the token is collateral for transactions. When trillions of dollars are flowing through nodes the tokens need to be worth a shit load of money.

>> No.16778429

>>16778350
I don’t know how to show with maths only memes

>> No.16778430
File: 211 KB, 640x2505, FCD0D566-E05B-4CC1-AADA-13673A18A09C.jpg [View same] [iqdb] [saucenao] [google]
16778430

>>16778350

>> No.16778477

>>16778350
It becomes the collateral and trigger standard for external connectivity of derivatives and insurance smart contracts. A smart contract trigger is worth as much or more as the value transacted in the contract since the contract cant be unwound once executed. The derivatives and insurance markets already carry a notional value in the tens of trillions of dollars. Link becomes used in a portion of those markets and reflects the value of contracts secured. $1 trillion / $1 billion tokens = $1k.

>> No.16778493

>>16778477

how long for $1000 in your opinion?

>> No.16778514

>>16778493
Years.

>> No.16778518

>>16778514
possible in 10?

>> No.16778538

>>16778518
Who can say? Some of the current “fud” is legitimate in some ways, however not discouraging in the long run. Right now there is no one using the network, and the information isn’t worth the price of the calls. Staking isn’t live and may not even go live in 2020. But all of this is okay for this place and time. All is going according to plan. Who can say how long it will take the rest of the infrastructure to flesh itself out.

>> No.16778560

>>16778493
30 minutes

>> No.16778627

>>16778368
based and poopoopeepilled

>> No.16778757
File: 1.88 MB, 480x270, RiFFRAFF_giphy.gif [View same] [iqdb] [saucenao] [google]
16778757

It's hella complicated, but $1000 EOY

And I just drank a gallon of ciroc

>> No.16778783

>>16778424
what's to stop Sir Gay from simply printing more linkies at that point

>> No.16778792

>>16778518
Probably less than 10 but there is no way to know for sure.

>> No.16778843

>>16778350
Why yes, the price of link could hit $1000 if someone buys a link for $1000. This is your reminder that someone has paid $9999 for a link in the past.

>> No.16778851

>>16778518
Honestly, no memeing, end of 2021 we could see link hit $1000. Go look at the ethereum run up between Q1 2016 and Q1 2018.

>> No.16778882

>>16778350
If you get actual adoption. That's years away if ever. Better question is what is LINK's top purely speculative price. I'm thinking somewhere between 50-100.

>> No.16778909

>>16778851

why should I choose using chainlink as an oracle provider than others?

(literally red pill me)

>> No.16778915

>>16778783
The basic ERC20 functionality only allows a single issuance event, which is called in the instantiation of the token contract. This restricts a total supply to a single, immutable value, usually transferred to the contract creator.

>> No.16778926

>>16778882
Im Holding atm and Im guessing AT BEST $10-$27

>> No.16778928

>>16778909
why are you a virgin?

(literally have sex)

>> No.16778934
File: 95 KB, 1024x680, 1573067367157.jpg [View same] [iqdb] [saucenao] [google]
16778934

>>16778909
literally do your own research.
newfag.

>> No.16778942

>>16778909
look at this fucking retard lmao

>> No.16778951

>>16778493
Probably 3-10 years. But it could easily see $50+ in the next year or two based on speculation and some degree of adoption.

>> No.16778956

>>16778424
>>16778477
>collateral
>trillions

Newfags don’t know about the DAO and other similar catastrophes.

>> No.16778960

>>16778909
Because there is no other option aside from using a centralized oracle.

Using a centralized oracle is not ideal because it is not as secure.

>> No.16778961

>>16778942
>>16778934
>>16778928

sounds like no one here knows and it really is just a meme

>> No.16778968

>>16778961
that's right! run along now :)

>> No.16778973

>>16778926
I'd be surprised if it doesn't have a base minimum speculative price of $20. That's my most conservative estimate. It's fairly certain BTC is going to hit 80k+ at the peak of the next bullrun based on the log growth curve. That's a x10 for BTC, I would be surprised if LINK can't match that growth on speculation alone.

>> No.16778995

>>16778909
Chainlink isn’t an oracle provider, it’s an oracle network. It’s the protocol that governs how data users will consume data from offchain resources. Oracle providers like Oraclize will provide their oracles on the chainlink network.
>uber doesn’t own cars, Airbnb doesn’t own rooms, chainlink doesn’t own oracles
Here’s the red pill: the success of chainlink is tied to participation rather than competition. Oracles will compete with each other for lucrative data jobs, and they’ll need to be available on the chainlink network to compete. That’s why it’s the winning play.

>> No.16778997

>>16778951
I'm thinking LINK sees $20-30 in 2021 and possibly $40-50 by Q3 2022.

>> No.16779008

>>16778997
I suspect to move past $50 you'd need real adoption instead of just speculation. But obviously it's pointless to predict what an altcoin can do on speculation alone.

>> No.16779035

>>16778350
You should have asked two years ago when I might have been willing to give an answer.

>> No.16779037

>>16778909
I don’t know any others

>> No.16779043

>>16778995
Delet

>> No.16779063
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16779063

>>16778350
The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. Only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that. It is fundamentally backed by the truth.

There is infinite amount of collateral available because the token price can rise to meet it (Note: the token is divisible by 18 decimal places).

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-5 years?

>> No.16779352

>>16779063

thank you, anon

>> No.16779365

Sell the pump. following bitcoin's price indicates link is a shitcoin

>> No.16779378

>>16779063
>spoonfeeding

>> No.16779416

>>16779063
>The tokenomics of the LINK token.
Sergey owns 70% of them so you dumb nufags can never be rich because every time it touches $4 he’s dumping a few million out of his 700,000,000 stack. Welcome to crypto.

>> No.16779443
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16779443

>World goes to war
>BTC skyrockets
>Legacy systems need to connect to this giant store of value
>Yachts

>> No.16779630

>>16779008
$50 is just an arbitrary number. Chainlink 3x in 2018 (17c to 48c) and then 10x in 2019 (48c to ~$5). That’s a total 28x in 18 months on speculation only. A 28x from here would have link at $57.
If chainlink keep delivering and we get a bull in 2020 or 2021, a 28x would be very, very conservative.

>> No.16779636
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16779636

>>16778350
>>16778368
>>16778430
>>16778477

>>BUY LINK
>>ORACLES
>>TECHNOLOGY
>>BLOCKCHAIN
>>ERC20 SHIT TOKEN
>>BUY CHAINLINK
>>SIRGAY IS WELL SPOKEN AND A GENIUS AND CREATED BITCOIN
>>WE ARE NOT A CULT
>>BELIEVE IN VAGUE UNDERSTANDINGS
>>A BLOGPOST MADE US PUMP
>>SIBOS, NEXT EVENT, NEXT MONTH, $10, $100, $1000, $10000, $100000, ETC, ETC
>>INSIDER THREAD, BELIEVE ME, NOT PAID BY CHAINLINK TO PROMOTE, BELIEVE ME
>>CHAINLINNK NOT UNDER INVESTIGATION FROM SEC
>>DEVS ARE DUMPING, NO THEY'RE ACTUALLY GIVING IT TO START-UPS
>>IT WILL CHANGE YOUR FUCKING LIFE MAN, ALL IN
>>GET YOUR ENTIRE FINANCIAL FUTURE ON THIS, COME ON MAN
>>COME ON THIS TITANIC WITH USSSS, REEEE, WHY AREN'T YOU BUYING OUR BAGGGSSSS!

>> No.16779652

>>16779443
this

>> No.16779655
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16779655

>>16778493
>>16778514
>>16778518
>>16778538
>>16778843
>>16778792
>>16778851

LINK INTERNET DEFENSE FORCE

NOBODY ASKS THESE QUESTIONS

NOBODY CARES, STOP PROPPING UP DUMBASS QUESTIONS. WHEN WILL THIS USELESS TOKEN WITH NO SOLID MATHEMATICS OR TECH BEHIND BECOME VALUED AT A CERTAIN VALUE.

STOP BEING FOOLED INTO THESE SHILLS PLANS

1. arrest the google cloud dev for insider trading
2. arrest sirgay for securities fraud
3. well first, you'll have to extradite him after he flees
4. arrest ari for money-laundering
5. fine binance for allowing millions upon millions of chainlink tokens to be discretely sold OTC

What you can do

>>report all chainlink posts, count them up, report them
>>expose shill groups in discords with screenshots
>>petition jannies to ban chainlink on sight
>>report to the sec, the more reports, the more likelier they are to look into it
>>post and write about the ongoing scam

>> No.16779661

>>16779630
you don't think growth spurts like that become harder to achieve with bigger market caps?

barring something crazy, I fully expect there to be a bullrun from second half of 2020 to end of 2022 with possibly a 100k BTC

>> No.16779667
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16779667

>>16779443
>>16779063
>>16778934

The more I argued with chainlinkers, the better I came to know their memetic ramblings. First they counted on the stupidity of their bagholders, and then, when there was no other way out, they themselves simply played up the end of the year (EOY) price. If all this didn't help, they pretended not to not read and not sell, or, if challenged, they ended the thread and reposted four hours later, quoted memes which, if you accepted them, they immediately related to entirely scammy matters, and then, if again attacked, they proposed all FUDDERs were actually chainlink holders and pretended not to know exactly why you denounced their scam. Whenever you tried to attack their beloved master sirgay, your hand closed on a jelly-like meme which divided up and poured through your fingers and they would repost the same four or five type of threads again. But if you really struck one of these bagholder idiots so telling a blow that, observed by the channers, he couldn't help but agree, and if you believed that this had taken you at least one step forward, your amazement was great the next day. The Chainlinker had not the slightest recollection of the thread before, he rattled off his same old nonsense as though nothing at all had happened, EOY, web3, swift protocol, oracles, we love sirgay and do something for a small amount of chainlink and, if indignantly challenged, affected amazement; he couldn't remember a thread, except that he had proved the correctness of his memes the previous day.

>> No.16779681
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16779681

>>16778995

Best thing I've found is not to reason with them or deal with them like human beings. They are purely emotional driven, completely incapable of logic. Treat them like the sub-humans they are, just copy paste interesting tidbits about this scam. The public needs to know.

The problem with LINK is that it's like the shitcoin flavor of the week that never died. It's anything but organic.
You want to talk about "having 3 years" and who/who isn't a newfag? It took 2 years of obsessive, cult-like marketing for Link to see the kind of gains that dozens of easily-forgettable 2017 shitcoins took a month or less to pull, and half of that was only because you all lied about a bunch of fake partnerships.
The anti-LINK threads are more than justified considering that you clearly either paid off the mods or they don't give 2 fucks about the board despite all the complaints about it. It's exactly what you deserve for shoving this shit down everyone's throats for so long.


• It's already up 10x, and there is zero indication that anyone can get even a 2x going forward
• Sirgay goes to business meetings in a shirt that he only washes once every 3 (three) months, and never takes off, even when he goes to sleep; how can anyone take him seriously?
• Most Linklets have $500 or less "invested" in this shitcoin; nobody is going to "make it", and 99% of these so-called investors are absolute loser incels
• The "oracle problem" simply does not exist
• ChainLink will literally not exist in less than 5 years
• 630 + 70 = 700

>> No.16779689

>>16778350
sure. $2.13+ $997.87=$1000

>> No.16779833

>>16779681
I think you might be right

>> No.16780433

>>16779661
Sure, diminishing returns are a thing. But the assumption behind that is that we’re approaching the top of the parabola, which we are no where near.

>> No.16780443

>>16779681
Imagine actually taking the time to write out this horseshit

>> No.16780510

>>16780443
But it's not horse shit. It's cow shit. It's real shit. There is nothing the Chainlink team can vouch for that is real working product. Nothing. All this time and still the oracle network is nowhere to be found. No staking. Can't you douchebags see that its bloatware?

>> No.16780511

>>16778350
700k coming

>> No.16780912

>>16780510
There are multiple oracle networks alive on the mainnet right now. You know this but you’re a pajeet.

You really either sell the top, or hold long enough to become a pajeet.

>> No.16781061

>>16778424
this

>> No.16781092

>>16779689
underrated based post.

>> No.16781094
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16781094

>>16778995
Don’t spoon feed the retards

>> No.16781135

>>16778350

this guy literally charts using elliot waves

https://youtu.be/ejQp_hkin24?t=1483

>> No.16781304

>>16779443
link cant connect to BTC though. Its not on ethereum.

>> No.16781321

>>16781135
In true transformer fashion.

>> No.16781550

>>16778915
Is this actually true?

>> No.16781599

>>16778995
Based. I'm so excited

>> No.16781775

>>16778783
Why would he even want to? It'll increase supply and lower the value of the majority of tokens which the team already holds. CL has no incentive for this.

>> No.16781858

18 decibels anon, just a little breadcrumb

>> No.16781970

>>16778951
>3,4,5 years, hell, even 10 to be bigger than google, apple or coca cola
wut

>> No.16782000
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16782000

>>16781304
right here on chain.link what did they mean by this?

>> No.16782048
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16782048

>>16778350
dont listen to the fud

>> No.16783112
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16783112

>>16778350
Ripple, a banker shitcoin with normie hype, got a $140 BILLION mcap in the last bull run. Link with this mcap puts it at $400 a token roughly.
The next bull run will see btc go to 80-100k AT LEAST and from there it doesn't need to hold that much of the market, but it will.
It will be BTC, ETH, LINK.

>> No.16783122
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16783122

>>16778350

>>16781162

>> No.16783190

>>16781550
Wtf at least read something bout eth tokens

>> No.16783478

>>16783112
This, unironically

>> No.16783508

>>16781304
Look into tBTC

>> No.16783571
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16783571

>>16779063
don't
(what (((you))) just did)
retards

wtf dude

>> No.16783633

>>16783112
That's assuming:

A) We can reach and surpass 2017 levels of market hype in short-mid term, let's say 1-5 years.

B) Competent oracle competitors do not pop up.

If A is true, then B likely won't.

B would only be true if crypto stagnates therefore A won't be.

>> No.16783649

>>16779655
Oy vey how come there are no non-white Hispanics in that picture?

>> No.16783657

>>16778956
>Titanic happened, better not make any more boats guy'se

>> No.16783696

Only gravel coin matters. LINKs only use case was to pave the way for gravel coin.

>> No.16783948

>>16778350
Sorry kid, you must be 200IQ or higher to understand LINK.

>> No.16784254

>>16778995
Pls delet this

>> No.16784747

>>16778493
Assuming this works, we'll see it by 2030.
$1000 EOY is a meme, $1000 EOD (End of Decade) isn't.

Buy and hold. This is a long term investment that only the patient will benefit enormously from.

>> No.16784786
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16784786

>>16783657
Spoken like a dumbfuck who doesn't know anything about programming. Even Gavin Wood can't make secure contracts. Nobody is safe. Gavin Wood lost 150-300 million dollars because a teenager found an exploit in a multisig wallet and accidentally locked everyone out, forever. This is Gavin Wood, the co-founder of Ethereum and the guy who fucking created the programming language for the platform. If he's not safe, no one is.

https://hackernoon.com/yes-this-kid-really-just-deleted-150-million-dollar-by-messing-around-with-ethereums-smart-2d6bb6750bb9

Tell me again about how people are lining up to dump tens of millions into a smart contract. Tell me that if you had 10 million dollars you'd let it sit in an Ethereum smart contract. You'll always be duped into shit like this because you're a tech illiterate and you literally don't know any better.

>> No.16784814

>>16784786
>Spoken like a dumbfuck who doesn't know anything about programming. Even Gavin Wood can't make secure contracts. Nobody is safe. Gavin Wood lost 150-300 million dollars because a teenager found an exploit in a multisig wallet and accidentally locked everyone out, forever. This is Gavin Wood, the co-founder of Ethereum and the guy who fucking created the programming language for the platform. If he's not safe, no one is.
Just like how they stopped making big boats after Titanic.
Oh wait.

>Tell me again about how people are lining up to dump tens of millions into a smart contract.
I don't have to tell you, the massive corporations themselves are telling you that.

>> No.16784838

>>16784786
You’re a nigger. It was a wallet hack, you curry eating street shitter. Kys

>> No.16785084
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16785084

>>16784814
>Just like how they stopped making big boats after Titanic.
Typical linktoddler unable to think about concept directly and resorting to thinking through things they can comprehend. Computer science isn't physics. Making a ship is not the same as programming an impenetrable system. All software is vulnerable.

>>16784838
>It was a wallet hack
Where do you think LINK tokens are stored, Poopvinder? Not in an Ethereum wallet?

>> No.16785099

>>16785084
>All software is vulnerable.
Which is why the world of finance is not running on computers right now.
Oh wait.

>> No.16785106

>>16778350
not 1000 but when you understand that smart contracts can only be enforced (by law) if it uses a decentralized oracle network, then you might understand why it's so valuable

>> No.16785154

>>16785084
>clown alert

>> No.16785697

>>16781304
>link cant connect to BTC though. Its not on ethereum.
the absolute state

>> No.16785723

>>16778360
Agreed

It's all about XRP

>> No.16785730
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16785730

I'm selling at $999 - you fagots will never see $1000

>> No.16785748

>>16778909
>LITERALLY SPOON FEED ME

>> No.16785816

>>16778350
>>7777777

>> No.16785894

>>16778424
Wrong. The collateral needs to only be valuable enough to incentivize reliability from the particular node locking up collateral. This is only tangentially related to the overall value of the contract being serviced

>> No.16785935

>>16785894
That's what he was saying.

A proportion of the total value flowing through Chainlink at any one time, will have to be staked to guarantee performance.
So Chainlink's MC will have to reach AT LEAST a certain percentage of the total value flowing through it.

>> No.16786024

Because pretty much all usage of crypto currency will rely on chainlink to connect it to software.

>> No.16786043

>>16778370
This is the only correct math. Same like bitcoin when it became worth $1000

>> No.16786085

>>16786043
There's 50x more ChainLink tokens than BTC so the 1k BTC analogy is more equal to ChainLink hitting $50

>> No.16786492

>>16779008
$50 is fud even based on speculation alone

>> No.16787189
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16787189

>>16786085
I guess even after two fucking years people still don't understand that staked link is removed from the supply. I could care less, but a lot of you retards are going to hang yourself when you realize what you've done.

>> No.16787375

>>16787189
I own 15k I'm just saying to not be retarded

>> No.16787419

>>16786085
Chainlink is required to make bitcoin useful though.

>> No.16787421

>>16778430
>bitcoin mcap two years ago is higher than it is today
>somehow this means link will hit a trillion in market cap

>> No.16787707

>>16787375
Yeah I'm saying the same thing to you. Staking is the entire play here, if you're basing your calculations off of 1b supply then you're doing it wrong. Staked link is effectively no longer circulating.

>> No.16787735

>>16778350
It's impossible for link to ever hit $10, let alone $1000 lmao

>>16787719

Fucking bagholding faggot

>> No.16787741

>>16787707
He's too dumb to understand and is probably larping about even owning 15k. Pathetic

>> No.16787898

>>16787741
>>16787707
People who stake are no different from people who babhold right now. There will be a constant supply of people who stop staking and sell, it doesnt remove them from circulation at all.

>> No.16787961

>>16783112
What percentage does link currently hold

>> No.16787974
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16787974

>>16778851
My pp is hard

>> No.16788558

>>16778851
>Dude just wait another 2 years for this worthless shitcoin to finally do something
It was supposed to happen this year but Sergey is a cum guzzling faggot who purposesfully has been fudding his own project and refuses to say anything meaningful about it to keep the price down for his kike bosses.

>> No.16789438

>>16788558
>NOOOOOOO I don’t want to wait more than 12 months for 2000x gains! You can’t just take your time to get the tech right to ensure institutional adoption!

>> No.16789825

>>16789438
>12 months
Dude we're in Year 3

>> No.16789849

trillions will go through the network? lol if even a couple million ever start pouring in (unlikely) it will get hacked because its a piece of shit vaporware scam

>> No.16789860

>>16787898
Nope

>> No.16789863

>>16787421
>this time it’s different
You fucking idiot

>> No.16789882

>>16789825
Brainlet identified. 12 months ago the link price was 41c, so $1000 at EOY 2019 would’ve been a 2000x.

If we go back to ico, when link was 11c, a price of $1000 would be an 8800x. Only in crypto would you find the sort of people that think 3 years is unreasonably long for a 10,000% return.

>> No.16789906

>>16789849
>hack
Dude.. it’s based on the same tech as ether
>bapewave scam
>partnered with google
>swift

Did read, still not selling