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/biz/ - Business & Finance

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20586431 No.20586431 [Reply] [Original]

Am I delusional for thinking $10K link is possible??

>> No.20586470

Cope poorfag

>> No.20586506

>>20586431
Very>>20586431

>> No.20586535

It's possible. Is it probable?

>> No.20586549

>>20586431
explain to me the use case for chainlink and why chainlink tokens will be valuable in the future

>> No.20586551

>>20586431
4 trillion dollar market cap is not happening. Gold is 8 trillion.

>> No.20586554

>>20586431
Depends. What makes you think it's possible besides memes?

>> No.20586611

>>20586431
I believe link could potentially hit $3000. But even I admit it's already unlikely.

>> No.20586688

>>20586535
Can you at least pretend youre not new?

>> No.20586766

>>20586688
>everyone who isn't in my cult is new
kys
y
s

>> No.20586845

>>20586549
no

>> No.20586913
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20586913

>>20586549
He doesn't know. Neither do I. We don't give two shits about how technology works because all we care about is getting fucking rich. Everybody just has some crazy number they hope it gets to so they can live the life. Nobody really knows anything even the guys that know chainlink front and back.

>> No.20587099

>>20586551
> shiny boomer mesmer is worth 4 trillion nothing is more valuable

>> No.20587354

>>20586431
Any valuation is possible with hyperinflation.

>> No.20587421
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20587421

>>20586431
$10,000 is FUD

>> No.20587429

>>20586913
newfag

>> No.20587451

>>20587099
For link to hit 10k link would have to surpass btc and the whole market would have to hit or surpass 8 trillion.

>> No.20587520

I’m hoping for $2000 but threads like this make it seem extremely unlikely

>> No.20587606

>>20587429
Nerd out all you want about how it fixes le oracle problem and all the other tech babble you like to type to your other /biz/ friends. It doesn't mean shit.

>> No.20587634
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20587634

>>20587421
Link only needs to be as valuble as the collaterol required to run the contracts. Noone knows how much collaterol will be required for every trype of contract but I doubt that it will ever surpass 1% of a contracts total value. Only specific types of derivstives will benefit from the blockchsins deterministic nature.

>> No.20587672

>>20586549
Trustless pipeline to send data onchain and offchain.

>> No.20587707

>>20586431
Not at all

>> No.20587765

>>20587451
Global market cap was 90 trillion USD in 2019

>> No.20587773

>>20586431
no

>> No.20587833

>>20587634
So we top at $50?

>> No.20587863

>>20587421
Let me put it this way. If link absorbs 1% of the value of the contracts running it and 10% of the derivatives market is running on chain that puts chainlink at about 1 trillion market cap.

>> No.20587920

>>20587765
No market has ever surpassed the market cap of gold. Crypto doesn't even work yet. Most people and businesses don't want to jump onto a new technology until it's proven itself.

>> No.20587936

>>20587451
Easy po-peasy

>> No.20587972

>>20587936
Delusion

>> No.20587994

>>20587863
>>20587920
Are you factoring in the reality that boomers are being phased out while millenials and zoomers are being ushered in? Are you factoring in the reality that fiat will collapse? Are you factoring in the current state of the economy?

>> No.20588043

>>20587994
You are severely underestimating the power of the usd and the US economy.

>> No.20588087
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20588087

>>20587863
this anon gets it. 10% of derivatives market will never happen but I’d be happy with 1% which would put LINK around 100B market cap.

>> No.20588164

In 2018 no one seriously considered a link price over $1k. Yet here we are in 2020 and newfags have gotten ten times more bullish than the most bullish link marines. As link rises the price prediction will get more and more rediculous. At 1k new anons will be calling for 100k link price. Fucking lol

>> No.20588196

Junko promises 81k link

>> No.20588204

>>20586431
No. The price is already determined it's all about how long you're going to hold for. Hold for 2 years its $1000, hold for +10 years its $10k per LINK token

>> No.20588253

>>20587451
You think the mania of the next two bull runs don't make this possible? They definitely do. Market cap is a meme

>> No.20588269

>>20587672
>Trustless
it hopes to be trustless in the future, all nodes rn are trusted and validated by Chainlink through KYC

>> No.20588307

>>20586431
Do you think LINK will have a trillion dollar market cap anytime soon?

>> No.20588459

>>20588164
>>20587421

>> No.20588497

>>20588307
Crypto as a whole will have at least a 30 trillion market cap by 2023, so yes LINK will be up there as a top 10 coin

>> No.20588596

Marketcap is irrelevant of the absolute majority of tokens are locked in contracts, there is also the fact that the same pool of tokens will be used on all parachains through wrapping

>> No.20588787

>>20586611
Fucking retard. If we can reach 3k then there is litterally no end to how high we will go in due time.

Read the white paper and if u have IQ enough to understand the tocenomics you will realize that this shit can go much higher than that and most likely also will.