[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 13 KB, 210x210, 1688085236276017.jpg [View same] [iqdb] [saucenao] [google]
55439991 No.55439991 [Reply] [Original]

why is chainlink's price incongruent with the fundamentals?

the possibilities are:
A) scam
B) we are still early
C) a grand conspiracy

>> No.55440010
File: 667 KB, 956x1656, 1688160387532.jpg [View same] [iqdb] [saucenao] [google]
55440010

B

>> No.55440014

>>55439991
It's a mix of three things:
The market is retarded and doesn't understand anything beyond actual scams and memes
The Whales are accumulating and want to keep it low
The speculative phase has already happened for Link, it happened much earlier in the cycle than for other projects with strong fundamentals, and it will now only pump on the delivery of its promises, and when its tokenomics are improved (less dumping, more tokens staked).

I believe Link will be 3 digits within 2 years.

>> No.55440198

token not needed
>get lost linkies and stay poor 4ever!

>> No.55440225

D) fundamentals are a midwit trap

>>55440010
>we are still early
Chainlink has been around for years. Everybody knows about it.

>> No.55440452

>>55439991
Price looks about right to me, fuck linkies

>> No.55440679
File: 150 KB, 568x1200, 1688165425295.jpg [View same] [iqdb] [saucenao] [google]
55440679

Its a slow rug scam.
>June 15, 2020
>LINK: $4.04
>QNT: $6.79
>ETH: $234
>BTC: $9419
>BNB: $16.83
>ADA: $0.07
>DOGE: $0.002
>SOL: $0.58

>June 15, 2023
>LINK: $5.27
>QNT: $98
>ETH: $1661
>BTC: $25475
>BNB: $236
>ADA: $0.26
>DOGE: $0.06
>SOL: $14.75