How overvalued is Chainlink?

[Anonymous No.23121323]

Let's compare Chainlink to the most overvalued company on earth: Tesla.

$TSLA has a PE ratio of 1094X, that means Tesla is valued at 1094 x quarterly earnings. For reference, Apple has a 35X PE ratio.

If Chainlink had the same valuation as $TSLA, they would need to be earning $8.2M from the consumption of their APIs every quarter. Do you think Chainlink is pulling in anything close to that much profit given all the overhead? Seems doubtful.

If Chainlink only makes $800 (and even that might be an overestimate) they could be a WHOLE ORDER OF MAGNITUDE more overvalued than $TSLA which means the price could fall by 99% and still have a 100x+ PE.

[Anonymous No.23121341]

>>23121323
damn the redditors truly have arrived

[Anonymous No.23121376]

>>23121323
That comparison
>ngmi

[Anonymous No.23121403]

>>23121323
There is a typo in your post.
You meant to write undervalued.

[Anonymous No.23121430]

were you born this cataleptically retarded, or did you have to work towards it?

[Anonymous No.23121442]

No one outside og BIZ knows og cares about ChainLink.

ChainLink just hit mainstream 1½ month ago and could barely hit 20 USD. Now it's trading at 8,5 USD, and will most likely dump continously the next couple of months, exactly like every coin with the same pattern has done.

If mainstream and FOMO could barely get ChainLink above 20 USD, who do you honestly think will pump your bags to new highs?

I am sorry to inform you that the possibility of a new ATH is very slim.

[Anonymous No.23121472]

>>23121341
>>23121376
>>23121403
>>23121430
Link marines are intellectual dynamos and master debaters.

[Anonymous No.23121486]

>>23121442
it never hit mainstream. It got top 10 on coinbase. That's like noticing a piece of gum on the sidewalk. It hit 20 because some insiders knew that sergey had closed presentation with fidelity, who manages 3 trillion in assets. Once scaling is phased in for defi, there's going to be a summit equivalent to mount Everest for anything that's L2 focused.

[Anonymous No.23121568]

>>23121486
It did. Bloomberg tweeting about ChainLink, Twitter all over ChainLink, Reddit joining in on ChainLink, various Facebook-groups joining in. This is considered mainstream.

I admire your positive outlook on ChainLinks future, I just don't agree with you.

[Anonymous No.23121607]

>>23121323
I will invent a time machine. It will be the most revolutionary invention ever. I will make a company for it and it will gain a $100 billion valuation instantly. But because I won't make any profit you're saying that the company is worthless?
ChainLink is just as revolutionary as a time machine, if not MORE.

[Anonymous No.23121619]

>>23121442
>nobody knows or cares about chainlink
>it hit mainstream
lol

[Anonymous No.23121642]

>>23121568
mainstream is when CNN or jim crammer actually talk about it. Google CNN chainlink. it doesn't come up. it did that for BTC during the whole bullrun. Ask an average person what chainlink is, then ask what bitcoin is. That's what mainstream is. Having two subreddits dedicated to chainlink (their main chainlink subreddit has less than 24k subscribers. That's more akin to this board) isn't close to mainstream.

agree to disagree, but chainlink is going to boom, I work in a patent law firm and the amount of patent applications that have started to go into blockchain is booming. defi is coming once it's actually scalable. we're running on ethereum which manages 14 TPS, scaling allows it go exponentially more than that. Eth 2.0's phase 1 hits 100k TPS. anyone with a moderate understanding of this can see where it's going.

[Anonymous No.23121857]

>one million on mars by 2050
>overvalued

[Anonymous No.23122476]

we pumped from 40c to $4 (x10) on THREE pieces of news delivered across about 6 weeks (mainnet, Google, Coinbase). We went from $5 to $20 (x4) on nothing but meme line TA, no news whatsoever. IF we get a barrage of good news again (e.g staking + another big name company, + some usage) then we could easily do a x5-10 again (~$100+). that's your next high

[Anonymous No.23122509]

>>23121642
Dave Portnoy shilled Chainlink and he is the biggest normie you can find.

[Anonymous No.23122732]

>>23122509
go ask a normie wtf chainlink is. no one will know.

[Anonymous No.23122797]

>>23122509
>greasy kike investor/trader
>normie
Lol

[Anonymous No.23123370]

>>23122476
what could it be now? algorand?

[Anonymous No.23123495]

>>23121323
Post your shorts or shut the fuck up.

[Anonymous No.23123527]

>>23122476
If that happens I walk away from this with $200k after tax to reinvest, I’ll be able to retire within the next 2 year. Holy fuck.

[Anonymous No.23123561]

nUmbEr nO Go uP????? oBviOuS sCam

[Anonymous No.23123583]

I've lived to see the link spammers turn into XRP army 2. Expect the claims to get even more delusional.

[Anonymous No.23123607]

linkies fear the words "market cap"

[Anonymous No.23123663]

>>23121323
Utility tokens are not stocks.

[Anonymous No.23123673]

You can literally apply this to any crypto asset

Why not tron? Eos? Cardano? Bitcoin cash? Bitcoin sv?

Why choose link out of them all

[Anonymous No.23123683]

>>23121323

Chainlink as a business, generates less cash flow than a lemonate stand run by children on a weekend.

Crypto is basically one giant joke, and only a gambling vehicle.