/biz/ - Business & Finance

>>10979861
>insane amount of money
Bitcoin at 7000 dollars is insane too.

It is true and you’re right that volatility is the biggest barrier to adoption of crypto right now, but chainlink has solved this problem: it’s possible to convert from fiat to link instantly and vice versa. Volatility is no problem.

The LINK tokens will be locked up for seconds or minutes, most likely.

>>10979886
Anon, buying pressure makes price go up. They’ll simply buy what they need in fiat terms. When the amount needed is not available in link tokens, they’ll be more desperate to buy them up, hence buying them at a higher price. That’s how crypto works already.