/biz/ - Business & Finance

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>>51267325
Spend all your money on chainlink, then get the fuck out of here. Or don't, and die with regret, 500 sounds good for you I think...

>>50829917
Simply do the math m8, if it takes over the derivatives market with the help of Eric Schmidt and the DTCC, we could be looking at prices of 100k or more, worth more than all of blockchain technology. By DTCC announcing they are attending smartcon this is now a legit slide that will most likely come true, so...

5000 x 100000 = 500,000,000

>>30251082
>I rarely see link mentioned here anymore

Nothing left to discuss. Its the standard and just a waiting game now. Its a shame if you missed the Golden Age of 2018 LINK threads though.

I need to save the updated smart contract value chart

>>29455386
>Why is chain link so valuable anyway. Isn't it just a tool for the blockchain with little value in and of itself.

Once staking is launched it becomes collateral value for all data feeds for the blockchain and data facilitated through smart contracts. Pic rel for what that is worth

Been looking into market macro cycles recently. Seems that market sentiment is getting heated. Also saw a shitton of threads talking about indicators like rhodl, s2f, pi ratio etc.

So where does LINK play a role in this cycle?

It seems to me that:
1) macro conditions are vastly different (erosion of trust in centralized entities + devaluation of USD)

2) while retail FOMO and sentiment levels are similar to 2017, today's Defi usecase vastly mogs the ICOs and the steaming pile of shit we saw in 2017 that claimed to have value.

I really think that the thesis of decentralization and DeFi is what will make or break this cycle imo. In 2017 crypto was barely functional and only a handful of shitcoins outside of BTC/ETH could be considered, but without access to external data smart contracts were essentially useless.

Notice how bullish Sergey is as a whole on the adoption of DeFi:

>https://twitter.com/SergeyNazarov/status/1359316951210749952

Not to mention on the Binance livestream a week or so back where he dropped some hyperedpills on fiat, hyperinflation and the problem of yield.

>https://www.youtube.com/watch?v=g9dJ9q0z_94

And lastly how can anyone forget this screencap and the thesis Sergey puts across as "Defi eats Cefi"?

I'm an OG LINK holder so I can't be too upset and have nearly 7 figures but missing SXN and AAVE was kind of painful. I could have dropped 5-10K in either and beyond made it already. So what is the next financial product that will warrant a 300-500x? I would say proper DEFI insurance but most of the protocols I see either red flags in the teams or shit tokenomics that don't correlate token value growth to network growth. I'm going to start researching traditional financial tools that are staples and see how it translates to DEFI for some foresight. I.E. derivatives, futures, lending are current use cases that exist and were integral. It still amazes me we have yet to see a platform with put and call options that are liquid and with token that grows as the platform does.

Thoughts?

Should be my last dump for the thread, enjoy.

>>28651821

I will continue to keep posting, as always note the "1 posts by this id" demoralization posts and blatant pajeetry spam trying to piggy back their own coins with thotposting

Been looking into market macro cycles recently. Seems that market sentiment is getting heated. Also saw a shitton of threads talking about indicators like rhodl, s2f, pi ratio etc.

So where does LINK play a role in this cycle?

It seems to me that:
1) macro conditions are vastly different (erosion of trust in centralized entities + devaluation of USD)

2) while retail FOMO and sentiment levels are similar to 2017, today's Defi usecase vastly mogs the ICOs and the steaming pile of shit we saw in 2017 that claimed to have value.

I really think that the thesis of decentralization and DeFi is what will make or break this cycle imo. In 2017 crypto was barely functional and only a handful of shitcoins outside of BTC/ETH could be considered, but without access to external data smart contracts were essentially useless.

Notice how bullish Sergey is as a whole on the adoption of DeFi:

>https://twitter.com/SergeyNazarov/status/1359316951210749952

Not to mention on the Binance livestream a week or so back where he dropped some hyperedpills on fiat, hyperinflation and the problem of yield.

>https://www.youtube.com/watch?v=g9dJ9q0z_94 [Embed]

And lastly how can anyone forget this screencap and the thesis Sergey puts across as "Defi eats Cefi"?

>>28476164
Also posted this in a thread talking about timing market cycle top, just reposting here:

1) macro conditions are vastly different
2) while retail FOMO and sentiment levels are similar to 2017, today's Defi usecase vastly mogs the ICOs and the steaming pile of shit we saw in 2017 that claimed to have value.

I really think that the thesis of decentralization and DeFi is what will make or break this cycle imo. In 2017 crypto was barely functional and only a handful of shitcoins outside of BTC/ETH could be considered, but without access to external data smart contracts were essentially useless.

I think that other than just looking at cycle indicators (which are debatable as to its accuracy in future predictions) I much prefer to look at some big brain takes by Sergey and some of the guys in the space right now:

Also notice how bullish Sergey is as a whole on the adoption of DeFi:

>https://twitter.com/SergeyNazarov/status/1359316951210749952

Not to mention on the Binance livestream a week or so back where he dropped some hyperedpills on fiat, hyperinflation and the problem of yield.

>https://www.youtube.com/watch?v=g9dJ9q0z_94 [Embed]

And lastly how can anyone forget this screencap and the thesis Sergey puts across as "Defi eats Cefi"?

We are in a different stage of the game now where crypto has some real adoption and valuation metrics. I think this bull run may shock people.

TLDR you are basically long crypto if you are a LINKie that believes in the adoption cycle of DeFi (and smart contracts as a whole).

>>28463041
Just to add on to what I said, notice how bullish Sergey is as a whole on the adoption of DeFi:

>https://twitter.com/SergeyNazarov/status/1359316951210749952

Not to mention on the Binance livestream a week or so back where he dropped some hyperedpills on fiat, hyperinflation and the problem of yield.

>https://www.youtube.com/watch?v=g9dJ9q0z_94

And lastly how can anyone forget this screencap and the thesis Sergey puts across as "Defi eats Cefi"?

We are in a different stage of the game now where crypto has some real adoption and valuation metrics. I think this bull run may shock people.

>>28138550

Well cheer up. Get off of /biz for awhile if you need too. Its psychological warfare. If people read or see the same information it can get to people even if you know its not true. Repetition is a dangerous tool.

>>28099548
Its true. Many will sell at $1000 when even that is considered an incredibly low valuation if you look towards 2030. I bet of all the people on /biz, which is like 90% of the retail holders, only 1/10 of 1% understand the tokenomics, the market LINK is targeting, and the extent of its value once the network is matured.

(((They))) are Davos niggers like Sandro Salsano and institutions in general. Basically jews and crypto jews (proxy jews). You need to understand that the data worth trillions in value that smart contracts will unlock is dependent on decentralized oracles and LINK monetizes that value through collateral. LINK is following Wyckoff Distributions like clockwork. They are doing everything they can to shake people out and then will expand the price so quickly those who left will be priced out. Crypto is 100% unregulated and price action is completely dictated by whales and large players. Only they decide when it moves. There isn't a single other project in all crypto that has even remotely the same value proposition as Chainlink. Its not even close. Once staking is online and matured it becomes a positive feed back loop of network growth directly translating to increased token value growth which then in turn allows for more network growth as less LINK is needed to secure the value already being facilitated in contracts.

Other things also moon alternative to LINK so you sell and chase those. Sometimes you can get lucky and swing back into LINK but eventually people will get burnt so hard and it never retraces even remotely low enough. LINK is eventually going to be number 2 MCAP surpassing ETH. It amazes me that people still have no idea what LINK will do in the coming years.

>>27803473

The irony is you are the delusional retarded one. How many times do we have to tell you that LINK is targeting a market worth 10s of trillions. There is room for exponential growth for the couple decades. Its amazing people still don't get it.

It blows my mind to see people still FUDing this profusely at even $25. Institutions, enterprise, and whales in general accumulate for the long term outlook years if not decades. The value proposition of LINK is that good. 10s of Trillion dollar market they are targeting which means exponential growth for years. Once staking is implemented and network growth is directly attacked to the token value growth we are going to see a positive feed back look of price discovery that seems impossible and lasts for years.

Staking is Pandora's Box or the actual singularity. Once its not restricted by any limits of LINK per node we will see a network effect in tandem akin to the singularity.

>>27483231

Yes I understand I've been holding since 2017. The market they are targeting is worth trillions and routinely millions to billions of value will need to be secured in smart contracts via node collateral. This will undoubtedly require LINK to be worth thousands per token one day. When you couple the collateral necessity with a guaranteed that less LINK will also be available in circulation due to staking AKA network growth you have a recipe for untold positive feed in token value. I just tried to summarize your point for others who didn't get it.

>>27393406

>>27326730

>>27210721
Well you are looking at the entire value proposition of smart contracts which is legitimately around 1.4 Quadrillion (1000 Trillion=1 Quadrillion) and you couple that with LINK's tokenomics reduced circulating supply as the network grows and you get the idea. A potential of hundreds of thousands per token as the network matures over time.

not all of us are going to make it

sorry anon
you will not make it