Assuming ChainLink is adopted by FINTECH, Real Estate, and every other adoption of smart contracts, you can't evaluate it the same as other Crypto currencies. It would be the first token to be widely adopted by the banking world.
What do you think ChainLink's marketcap will be by 2020 and beyond? Elaborate if you want
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$0.00
IT'S A FUCKING ERC-20 TOKEN YOU TWAT. IT'S VALUE IS 100% DEPENDENT ON THE COMPANY BEHIND IT.
over 9k
>It would be the first token to be widely adopted by the banking world
No, that's Ripple.
Cryptoken
According to Assblaster, FINTECH execs were mocking Ripple.
If somehow link were to ever reach $250 market cap (will never happen), then that puts 1 link = $780
Wow too hunderd and fifty dollars?!
You sound like a gay retard.
They mocked it in the same way people mock their boss behind their back. But everyone knows Ripple is the next Bitcoin, $10 this week and over $20000 by the end of the year.
I actually did the math if LINK would have the same market cap as ETH it would be $300-$400
Check em faggot I'm both fagget. hail satan
What does that even mean? No shit the value is dependant on the company behind it. Did that sound more profound in your head?
Kel. Moonfags holdin spoon bags
You didn't get an exact number?
I just did. Using todays market cap for ethereum and a total circulating supply of 350,000,000 LINK I got $374
Let me clear something up for you cunts. Market cap is an incredibly meaningless way to "value" anything. Think of it this way:
It's 2020. All billion LINK tokens have been released into the ecosystem, so circulating supply is one billion. Of that, say, 200m from the company fund have never been moved out of wallets. Of the 350m allocated to node holders, 200m is being staked by the nodes. Of the 350m allocated to the public. 200m is locked up in staking pools.
So, while "circulating supply" would say 1 billion on coinmarket cap, there's really only 400mil that is moving around. Say 50m of that is long term holders who won't sell for anything except huge gains, making it more like 350m that are remotely liquid and being bought and sold. Now, the price that will be paid for whatever proportion of that 350m is bought and sold is what matters. If there is a strong demand to get more LINK as more and more people hear about the profitability of node ownership and want to join in, then individual token price could pump. People could pay, say, $100 for a single LINK token as they desperately try to increase their node stack.
Now, if the market price for 1 LINK at that point is $100, and the circulating supply for LINK is listed at 1 billion, then the market cap is $100 billion. That does not mean in any way that ChainLink is "worth" 100 billion. The factors that come together to cause that individual token price include the fact that many of the tokens are staked and not liquid. If the company suddenly decided to sell, say, 100m LINK, the price would tank.
So when retards come on here and say "LINKs market cap could never be 100 billion" as if people would need to pump $100 billion into ChainLink to get that figure, they are being incredibly fucking ignorant of how market caps actually work and how crudely they are related to any broader idea of value.
Good info user, thanks.
I'm trying to determine a how long I need to hold to make it. Is there a long-term price ceiling on these tokens due to the circulating supply?
This. The amount of brainlets who put so much value in muh marketcap is unbelievable.
No, and anyone making or asking for specific price predictions at the moment is a fucking idiot. The network ecosystem needs to be established and the market needs to figure out everything from how much work ChainLink is doing, to how many nodes there are, to how seriously each node considers staking, to how ubiquitous staking pools are, to how much liquidity there is, to how much demand for new nodes there is, etc, etc, etc. All you can say is that if these factors generally grow then the price should generally grow.
People need to get the fuck over specific figures and just get their heads around what sort of niche ChainLink is going to fill and what sort of potential that holds.
so there are actually smart people on this board.
well written.
>jT7a1G0y
>G0y
whoa
Solid post, thank you
Ripple is not a token
>a1G0y
oh really? and what exactly do you think those 350mil links reserved for institutions are doing?
I don't even understand how your question relates to what I said.
oh yeah? and I bet you don't even know what chainlink does?
What went wrong?
We were ready to break out of the neutral cloud
MACD was growing, RSI rising
Why?
because u got dumped on nerd
what does chainlink do?
where are the updates?
marketing?
website updates?
new devs?
github commits?
while this 2 man retard meme team does nothing ethereum gets worse and worse to use and is about to pull a bitcoin in useablity and transactioncost
congrats retard you fell for a completely overvalued memecoin
kys
Can't argue with those digits. Just sold 100k.
DONT YOU FUCKING DELUDED LINKIES GET IT? ITS OGRE!!!! SERGEY LITERALLY OPERATED THIS FUCKING EXIT SCAM OUT OF A NAIL SALON. HE TOOK THE 32 MILLION AND IS IN FUCKING THAILAND SIMULTANEOUSLY SNORTING BLOW OFF OF LADYBOYS ASSCRACKS AND EATING BIGMACS. HES TELLING PEOPLE HES RETIRED. RORY? THAT FUCK MANAGES TO QUIT JACKING OFF FOR TEN MINUTES TO READ A BOOK ON GO BEFORE REALIZING HE HAS THIRTY TWO MILLION FUCKING DOLLARS AND GETTING AN ESCORT. HOW DELUDED CAN YOU GUYS GET
Could this be the 1d handle forming?
yes, looks like a very bullish signal is just waiting to break out
and just look at that order book! wow... Is this real??
You r being ironic, huh?
My hands of steel were forged in the November storm. You think, I letting go off my link on such a pathetic dip?
>letting go off my link
Elaborate fomo, pajeet or both?
...
biz why do you care about a coin with 2 "devs" and a blog post every 3 months. Just sell and focus on other companies. Link will be a prime example of coins that die once the bubble pops. People either don't do their research or can'tthink critically.
kek
See you at seventy five cents real smart holding a shitcoin when eth and btc are dipping
I thought this was common knowledge?
you guys need to stop waiting for a moon
this thing will be huge one day. just hold
If/when Chainlink becomes THE key to mainstream smart contracts, the potential price ceiling cannot be currently fathomed.
They're focusing on industry partners right now, which holds immense potential to be sure; but the TRUE potential lies in the fact that smart contracts are at their core a peer-to-peer agreement system.
Imagine a world with crowdfunded loans, mortgages, insurance policies, labor contracts, ... all powered by community-based smart contracts.
In short, there is no telling how high this can go, the ceiling is beyond our comprehension.
>coin rank #97
Is this coin really going to fall out of the top 100 again? holy shit
Reminder: a top 10 coin right now has the marketcap that Bitcoin had a year ago.
How can it go anywhere without devs?
*has at least the market cap bitcoin had a year ago
Not just hold. But accumulate.
how about you shut your stupid ass and leave huh?
Yeah, people have been misled about the market cap thing.
It's an indication for some variables, but completely ignores many others; and in the end it's actual practical meaning is almost non-existent.
Still, it's an indication.
This.
I slept through yesterday's dip, so sold at 82k wei and bought back at 78k, cos I thought this was the bottom.
And this point Im too scared to sell, cos it can go up any minute now
Check the daily candles on Binance for the BTC pair.
You're welcome.
Didn't only one bank say they were going to use ripple? Is that widely adopted?
market cap is mostly a psychological barrier if anything, its influence on the future growth potential depends entirely on how people feel about it, whether they fall for the
>too big to grow meme
or not
I think market cap mostly impacts the early days of price setting.
After that, people just follow the market and the MC becomes an afterthought.
>it's actual practical meaning
Sorry, haven't had coffee yet.
well thats true, but we have always beeen comparing market cap to market cap so it evens out.
Is the handle of the dip finally complete?
Are we finally going todamoon?
You didn't answer my question. How does link grow if the team no real devs and the only updates are blog posts every few months?
They have hired a marketing director who will be giving regular updates soon.
They aren't marketing this coin to us anyway, big corporations first.
there are 3 full time devs working on it currently + a few other devs doing some specific tasks remotely. I'm not even mentioning Sergey himself, the technical manager and 2 community managers.
As for updates they don't give a flying fuck about updating some adhd neets from a macedonian bee keeping forum.
Don't buy, dude. That simple.
The fact that they don't market the coin to general public is a good sign you fucking retard. Go buy tron and suck some chink dick faggot.
can someone post the american psycho chainlink webm pls i lost it
...
c: sold private
Seems weak hands have already sold
good shit
Aight im buyin some LINK
where do these lies vome from?
true post!!!!
From the horse's mouth.
from the official slack you pathetic fudster
post proof
Calm down, were not goin any lower
Buy in now
noone is gonna spoonfeed you faggot. You probably don't even have access to slack, and very good, brainlets like you should be kept at bay.
>tron
>ripple
>verge
these are investments for you
Yesterday on their Slack channel, in General.
they "plan" to hire someone
they have not done it
both of these were lies in the end
deluded linkies at it again
just stop making up things and stop chilling your bags, your coin is going back to 50 cents, like it or not
A working product with viable enterprise connections is far more important than shilling something to people who aren't going to actually use the technology on Twitter.
Enterprise aren't interested in marketing for a non-existent product. Business-wise, it's a smart move for them to not hire someone to shill the coin to the masses to buy before they have their main network running. If anything, it's vote of confidence in the owners not attempting to cash out prematurely that they're not actively marketing to the market.
If it does I'm buying 10k not even memeing.
Can't comment on timefrimes but 1k/LINK is possible. Thats a market cap of 350bn - Several companies already exist with mcaps>350bn (Apple, microsoft, alphabet, johnson&johnson). These are all centralised companies who deal in FIAT - Not global networks needed for every execution of a smart contract.
So yeah, LINKIES arent that deluded. My only worry is how long will LINK tokens continue to be used? I plan on selling a few when LINK hits $100, and have sold at least half my stack before the tokens are slowly withdrawn in favour of something else.
How do you even get this deluded?
>both of these were lies in the end
what now you pathetic piece of shit huh?
I think the point is that due to the actual usage, even less LINK tokens are circulating than equivalent for other coins.
The chad singularity WILL occur - This shakedown will ensure the only people left with LINK are the insruance companies, sergey, and the LINK MARINES.
Believe what you want. You're having trouble comprehending how having a Twitter campaign aimed at the masses in order to artificially boost a token's price for a product that is meant for a specific enterprise use-case is futile. If you do *any* prospective work with an enterprise, you absolutely must sign an NDA.