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18471362

ALRIGHT, time to talk about Chainlink's price. Anonymous Wed Apr 15 01:26:16 2020 No.18471362 [Reply] [Original]

I've been crunching some numbers, researching how much api providers charge right now, looking into Oraclize and other oracle services customer-base and how much are they paying...
And I've came to the conclusion that LINK holders are completely out of their mind. The network just WON'T have nowhere near the fee revenue to justify the price predictions that are thrown around in this board.
If we're LUCKY, we might see a 10MM USD a YEAR at the beginning at the network. It's fucking ridiculous.
Even if we the network eventually gets adopted by a few banks for derivatives trading purposes (which WON'T happen in less than 03 years, you idiots have no idea how far away smart contracts are from being actually usable) it'll be HARD to get over 100 MM usd a YEAR in network fees. Shit just isn't that profitable.
So yeah, LINK is basically overinflated in price because delusional neets bought into the non-sense from a group of LARPERS and didn’t actually do any research.

>>	Anonymous Wed Apr 15 01:26:52 2020 No.18471364 File: 23 KB, 250x250, kobayashi phone.jpg [View same] [iqdb] [saucenao] [google] >>18471362 dr;ns

>>	Anonymous Wed Apr 15 01:27:46 2020 No.18471376 File: 529 KB, 1280x822, notselling.jpg [View same] [iqdb] [saucenao] [google] nice fud faggot

>>	Anonymous Wed Apr 15 01:29:54 2020 No.18471392 >>18471362 Based retard. Don't you realize the value of the link token is in its role as collateral?

>>	Anonymous Wed Apr 15 01:31:36 2020 No.18471406 >>18471392 Muh collateral lmao what non-scam traditional company is going to use an erc20 token as collateral

>>	Anonymous Wed Apr 15 01:35:47 2020 No.18471433 >>18471362 >i-i've been crunching some numbers >404 numbers not found yawn ok faggot, whatever you say

>>

Anonymous Wed Apr 15 01:37:47 2020 No.18471458

>>18471433
>If we're LUCKY, we might see a 10MM USD a YEAR at the beginning at the network. It's fucking ridiculous.
>Even if we the network eventually gets adopted by a few banks for derivatives trading purposes (which WON'T happen in less than 03 years, you idiots have no idea how far away smart contracts are from being actually usable) it'll be HARD to get over 100 MM usd a YEAR in network fees. Shit just isn't that profitable.

>>	Anonymous Wed Apr 15 01:51:46 2020 No.18471600 >>18471362 Chainlink is already guarding something like hundred million in assets on various DeFi platforms. All that growth was YoY, too, but even if it weren't that would mean roughly 30MM/yr of growth, triple your estimates.

>>	Anonymous Wed Apr 15 01:53:14 2020 No.18471612 >>18471433 Stop saying that word. You are making LINK look bad and we won't stand for it. We don't want you.

>>	Anonymous Wed Apr 15 01:54:36 2020 No.18471625 >>18471376 >Stop saying that word. You are making LINK look bad and we won't stand for it. We don't want you.

>>	Anonymous Wed Apr 15 01:55:45 2020 No.18471640 File: 720 KB, 1024x2791, CFF3DBAF-9B33-4B0C-B9F9-8E88F507F09D.jpg [View same] [iqdb] [saucenao] [google] >>18471600 And guess who's guarding Chainlink's assets?

>>	Anonymous Wed Apr 15 01:56:42 2020 No.18471650 >>18471458 He's asking how you came to those numbers faggot. Show us your calculations, or I give this larp a 1/10

>>	Anonymous Wed Apr 15 01:57:39 2020 No.18471659 >>18471362 checked and based

>>	Anonymous Wed Apr 15 01:59:36 2020 No.18471679 >>18471640 Ok, and? Chainlink banking with Pornhub doesn't have any impact on the amount of assets running on its network.

>>

Anonymous Wed Apr 15 02:01:35 2020 No.18471700

An embarrassing lack of understanding. You have to remember the supply side of things, the collateral side of things, the api, the security, the decentralization, the self execution, the... Too much to list actually. Save yourself the trouble and sell your stack, you have no business betting at random here. Keep to the vanguard etf's.

>>	Anonymous Wed Apr 15 02:03:41 2020 No.18471716 >>18471406 LINK won. You just don’t know it yet.

>>	Anonymous Wed Apr 15 03:11:51 2020 No.18472315 File: 2.21 MB, 4047x3614, 291BFCE1-C520-4555-B2C6-16FC2D4F9428.jpg [View same] [iqdb] [saucenao] [google] KYS op. You are a faggot

>>	Anonymous Wed Apr 15 05:50:32 2020 No.18473608 >>18471362 >Even if we the network eventually gets adopted by a few banks >few banks So some banks will use it and save millions and others wont because lol yolo?? Retard

>>	Anonymous Wed Apr 15 05:54:00 2020 No.18473632 >>18471362 i've been also crunching some numbers, and oh boy, my dick is BIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG 2 <=== 3

>>	Anonymous Wed Apr 15 05:59:11 2020 No.18473664 >>18471625 >>18471612 nigger faggot, end your worthless life

>>	Anonymous Wed Apr 15 06:00:03 2020 No.18473667 >muh 1.4 gajillion derivatives market

>>	Anonymous Wed Apr 15 06:01:25 2020 No.18473680 >>18471362 Larp was ok till the end

>>	Anonymous Wed Apr 15 06:03:59 2020 No.18473693 >>18471458 >he thinks chainlinks value comes from fee collecting

>>	Anonymous Wed Apr 15 06:08:29 2020 No.18473727 >>18471406 Everyone. They have to

>>	Anonymous Wed Apr 15 06:16:21 2020 No.18473810 >>18471406 >what non-scam traditional company is going to use linux

>>	Anonymous Wed Apr 15 06:22:40 2020 No.18473869 >>18473810 Linux is functional and free. By your rationale, you're arguing for a fork of chainlink (distro) adminstered by a $150k/year chainlink certified engineer team.

>>	Anonymous Wed Apr 15 06:44:18 2020 No.18474059 >>18471362 sergay betrayed us all, we were supposed to be all in this together

>>	Anonymous Wed Apr 15 07:31:17 2020 No.18474488 File: 59 KB, 640x640, 26072644_1992661914308653_597000935180337152_n.jpg [View same] [iqdb] [saucenao] [google] >>18471640 >rolls out this FUD again Okay, opinion disregarded.