/biz/ - Business & Finance

Ok so everyone is comparing this crash to the 2013 one and are predicting a multi-year bear market before things start picking up again. Now what I don't think people are really taking into consideration are all the projects that are coming into maturation this year and the effect this has on the market. Surely this has to have an effect on the market cap of crypto as a whole? You have to understand that blockchain technology is getting adopted at an increasing rate and that has nothing to do with Bitcoin per se, other than that BTC should reflect the adoption rate as it is the store of value for the market as most of all trades happen through it. This is why I think the whole market is currently WAY over sold, since projects like ChainLink will actually make smart contracts usable for the first time ever and it would seem like the big players are ready for this. My hypothesis is that the 2017 bull run was due to the maturation of Ethereum as a project, which caused the ICO craze and pumped the crypto MC overall. The next bull run will be tied to ChainLink, and the value will, instead of shit PnD ICOs (which are in the process of being regulated) go to BTC (store of value), Ethereum (platform level) and ChainLink (smart contracts), eventually trickling down to other projects and overall pumping the best project from the 2017 ICO alumni to crazy highs.

Hypothesis: ChainLink mainnet and adoption will trigger the next bull run as Ethereum adoption triggered the one in 2017.

>>7907079
>thank (you)

>>7815298
You must be kidding me? Literally _everyone_ is telling you LINK is the next one in line you idiot. BTC introduced us to blockchain. ETH gave us programmable smart contracts. LINK made those smart contracts usable for things other than making shitcoins.

Jesus OP you literally have to be dense as fuck not to have picked up on LINK as the next major crypto project yet.

>>7691013
probably not the last, but the next for sure.

>>7427303
ChainLink is, at it's core, blockchain agnostic, so whether the preferred blockchain platform of 2050 is Ethereum, IOTA, Nano or something completely different, ChainLink will be the link that will connect that chain to the outside world. This means ChainLink doesnt need Ethereum to be the primary blockchain platform of the world. However Ethereum absolutely needs to be connected to the outside world to be worth anything.

>>7206567
you don't understand anon. Coins and tokens aren't going to be brought into the legitimized world of traditional securities. It's the traditional securities that are going to get tokenized.

Yes, it means you will be rich (if you're holding legit projects that will be the Googles and Amazons of the crypto-era, (pic related))

>>7002543
>People thinking ChainLink in his context could mean anything
>The founder of the fund himself, Andrew Hoppin, is on the ChainLink Slack
>Coincidense? -I think not.

>>7002592
The comment is not by the guy himself, but by another guy who is asking if @aph, Andrew H could be Andrew Hoppin. Then he goes on to presume that the fund could have grown to something along the lines of 10M already.

>>7001107
this

>>6994108
you have my permission to liquidate 25% @ $10, 25% @ $25, 25% @ $50 and 25% @ never.

>>6965348
hahaha nolink fud incoming in 3, 2, 1... we get it, you didn't read the whitepaper when we all told you to, and now you think it's too late. Well guess what? It's not. LINK is literally the biggest thing to hit crypto since ethereum, and might actually overtake ETH in a couple of years.

>>4740369
Back to plebbit, mouth breather

>>4738559
-absolutely enormous use case (smart contracts in any real sense cannot exist without decentralized oracles)
-market applications too many to grasp
-team's been working on the project for 4 years
-advisors who know their shit
-SWIFT, Barclays, BNP Paribas, Fidelity, Societe Generale and Santander confirmed, likely more incoming as the SWIFT partnership matures
-solid token use case (as payment for data)
-token pool staking coming out, basically LINK mining
-professional team with 0 hype approach
-highly likely up to their ears in NDAs
-meme magic and 4chan backing similar to other unicorn projects
-cheap as fuck, 100th (or so) in terms of MC

That's just what I can say off the top of my head. The way I see it is that buying LINK is a bet that smart contracts are going to be huge in the future. Basically by having the decentralized oracle market cornered and since smart contracts can't (/shouldn't) be ran on anything but data from decentralized nodes, buying LINK is like buying a blockchain tech index at a massive leverage, betting that smart contracts are going to be implemented by all major business sectors in the next few years. I'd say everything is currently pointing to that, and I honestly think CL has the potential to be as big, if not bigger than Ethereum as time goes by.

https://analysisinchains.podbean.com/e/20-interview-with-sergey-nazarov-ceo-of-smartcontractcom/