Why does nobody think $100 EOY is possible? That would be a market cap of around $35B. Everyone forgets the whole market cap of crypto will be going up as well while LINK moons.
Right now the total mcap is $0.5T. A lot of people are saying $20T by 2020 is possible. Let's say we make it 1/4 of the way there this year, to $5T. Let's assume a 10x for all crypto projects this year then. That means LINK would only have to reach $3.5B in terms of today's money to be worth $100 EOY.
What's worth $3.5B today? Literal vaporwave coins like TRX and XEM. And let's not forget ADA with no product whatsoever is worth $10B for some reason. So is reaching $35B ($3.5B in today's money) attainable for a project with a first mover advantage that promises to link smart contracts to markets in fintence and derivatives worth easily $100T+? It would only need to absorb .004% of a $100T derivatives market to reach $35B. Easily done for a project with this much potential.
$1000 EOY is bit rich if you ask me. But by 2020, entirely within reach. Basically, if you have at least 1k LINKs, you WILL make it by 2020. Remember LINK can only go up from here, the hype train hasn't even left the station for this coin, nobody has even heard of it outside Veeky Forums and a few subleddits. Once they hire a marketing director and have an active twitter, things are going to get fucking real in a hurry.
$100 is possible within 2 or 3 years. $1000 is really pushing it, but if crypto explodes maybe some day (5+ yrs).
Based on how Link is marketed, in order for this coin to ever break $10 it's gonna need actual adoption. They're just entirely unwilling to shill it to the normie pumpers.
Isaiah Garcia
When the total cryptospace market cap rises, it always funnels more to small coins over big coins. Something like XLM probably will only 5x, LINK likely will see greater than 10x if the whole market goes up 10x. So it probably only needs to reach a valuation more like one billion in today's terms.
Xavier Ortiz
>They're just entirely unwilling to shill it to the normie pumpers.
I think thats good, the normie pumps can damage a coins reputation, look at Tron or Ripple.
Link will be mostly smart money, when normies want in it will already be too late.
Aaron Price
Yeah. People don't appreciate that most coins are going to spend 2018/2019 catching up to the unrealistic expectations that were set with the hype campaigns they waged staged in 2017. TRX being the most obvious example. Most projects are going to underdeliver on what they overpromised and their valautions are going to crater.
Meanwhile ChainLink has promised literally nothing so far, so when they deliver literally anything it'll be a pleasant surprise and their market cap can only possibly go up.
In short, it only takes a small injection of fiat to propel the market caps of alts, especially moon-worthy ones, by a significant multiplier
Levi Phillips
WE ARE ALL IN THIS TOGETHER
DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!
THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!
VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!
Brandon Bailey
Venezuelan with 400 LINK here. Just imagine my face if this ever goes beyond 25$.
