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/biz/ - Business & Finance

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53770526 No.53770526 [Reply] [Original]

>LINK is pumping again
BTC gonna dump soon
Sunday dump started early

>> No.53770533

I bought 2k link at 7.5 am I gonna make it?

>> No.53770594
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53770594

I’m sad. I am also a triangle.

>> No.53770599

>>53770533
>newton re-enters with allot

>> No.53770600
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53770600

>>53770533
No actually you’re likely not, sorry. This is the half a billion, that’s 500 million USD, in revenue swift brought in last year I’ve put on this picture here. Chainlinks current plan is to use an expensive decentralized oracle network to serve the rather niche on-chain cross border crypto transactions swift is hoping to bring online. Now, assuming current crypto adoption rates, that means Link is targeting approximately anywhere from 1-3% of this number, that’s in the long run mind you. Short run we will see hilariously low numbers of adoption for this system, as it will be costly compared to the already lightning fast swift system, and will mainly serve financial entities already dealing with CBDC’s or cryptocurrencies, which is even smaller. Oh, and don’t forget that they promised decentralized oracles, but will have to deliver centralized oracles as it’s just too cost prohibitive to run a DON for this task as there’s no need for one since the chain will be mutable.

All in all, you’re looking at chainlink making their first million in revenue in 5-7 years, maybe longer depending on adoption times. Go chainlink! What’s the current marketcap?

Did you know 1 billion dollars in total revenue doesn’t even qualify a company as small cap in most cases?

>> No.53770610

>>53770526
>>53770533
>>53770594
>>53770599
>>53770600

LMAO LIKE CLOCKWORK

>> No.53770614

>>53770600
Looks like they brought out the midwits to fud instead of the usual dimwits.

>> No.53770618
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53770618

>>53770610
Uh get fucked, scammer. Sorry I’m unmasking your shitcoin registered in the Cayman Islands on a basket weaving forum.

>> No.53770667

i need the price to go up

>> No.53770722

>>53770600
Its 500 billion but ok

>> No.53770732
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53770732

>>53770722
Quick anon, what’s 400,000 multiplied by a thousand

>> No.53770741

>>53770732
The same amount Sergey paid for his penthouse?