/biz/ - Business & Finance

>mfw linkies still fall for the ''cup & handle'' meme

Well my thread just proves it that you all got played by the big boys. Don't let your delusions take the better of you.

Remember our guy Fernando? He will have some very nice news at the end of the month, but I think /biz/ is really not going to like it.

There has never been an asset like $LINK in the history of the world. Never before has an asset been CAPABLE of the massive and rapid appreciation that $LINK is capable of. $LINK will bring together legacy markets already worth hundreds of trillions of dollars while simultaneously creating a new market for monetized data. If you're looking at market cap and comparing Chainlink's to other major players in technology and finance, you're doing it all wrong. Chainlink is a completely different animal. It's not a firm within a market or markets... IT IS THE MARKET ITSELF. Google, Oracle, and others aren't throwing Chainlink a bone -- they're building an early alliance with the future king. Chainlink will be king of them all. Chainlink is going to annihilate traditional conceptions of market cap. It will be a monopoly in one sense of the word, much like the internet is a monopoly in a sense. But as an open-source, voluntary marketplace, Chainlink will be immune to any anti-trust considerat
ions. The key difference between the internet and $LINK is that you can't "own" a piece of the internet. The internet itself cannot be directly monetized. Imagine the TOTAL monetary value of the internet as a WHOLE. Imagine owning PIECES of it. Imagine buying those pieces early. Chainlink tokens will be scarce due to staking but in perpetually high demand due to the need for the token to convey data and pay node operators. As customers can pay in fiat and a smart contract can convert fiat to LINK, token price is irrelevant to the customer. The token price will become a DIRECT and IMMEDIATE FUNCTION of the velocity of the Chainlink tokens -- the frequency with which they move around the Chainlink economy. Value won't be speculative at all, but directly driven by the activity within the Chainlink ecosystem. Many of the world's biggest companies are already publicly integrating Chainlink and the rest will follow suit. This is so much bigger than most crypto investors can visualize today.