/biz/ - Business & Finance

>>14247548
Put it this way, OP. Even if the total supply was circulating (it wont be) and pegged to just 1% of the underlying asset value of the 13 trillion dollar global derivatives market, that would make one linky $130 a pop. If chainlink were to facilitate the entire market, and all 1billion were in circulation (they wont be) then yer looking at $13K a LINK.

And thats just the underlying asset value of global derivatives. We're not even considering the NOTIONAL value of the global derivative market (estimated between 500 trillion and 1.2 quadrillion bucks), nor does it account for Insurance and Supply Chain market caps.

In other words, comparing LINK to "muh crypto market" performance is assenine. Its in a class all its own because its a bridge between all markets and data bases.

100 LINK is the true suicide stack in my opinion.

>>12380679
>thinks I care that all markets are manipulated
kek. Manipulation is why the markets are so reliably predictable, i.e. institutions need an efficient way to reliably transfer trillions each day at specific price points where they can accumulate or distribute price to a new level of accumulation.

It’s not some profound secret desu. Muh Free market supply and demand, at least when it comes to currency markets, is just a meme.