/biz/ - Business & Finance

>>10886203
what you're saying is the exact opposite of the MANIAC

I don't know who to believe

>>10716291
>if you can not figure out why having 1 token would be valuable, having 50,000 tokens won't be either.
https://en.wikipedia.org/wiki/Fallacy_of_composition

>>10612722
>>10612682
>>10612651
>>10612051
>>10612015
Ok so gold market cap is $7.8 Tn.

If LINK captures 2000% of the gold market cap that will be $156000000000000.

Divided by 1 billion tokens = $156000 per LINK

But lets assume 99% of LINK tokens are locked up in nodes.

LINK $156000000 EOY

>>10540745
I'm not selling a single LINK until $10 (and even then only a small portion) but this absolute certainty that LINK is going to be $100+ before EOY is unhealthy. It's possible, but I feel like I've wasted much of the last year thinking "what's the point? I'm gonna be rich off LINK soon anyway"

I've started applying to wage cuck jobs again

>>10418079
for this to happen at current prices, LINK would have to be the second biggest crypto

>>10417682
Probability of LINK being top 15 MC * probability market recovers to over $1Tn = ?

>>10417738
>that would be less than 6% of the whole market you dip
as good as LINK is, that's 6% of the ENTIRE crypto market
>>10417738
>Now imagine 10% and a $2 Trillion market cap
What if LINK doesn't capture 10% of the ENTIRE crypto market? And even if it does, what if that market never makes it to $2 Tn?
>>10417792
>Now let's consider the WEF is correct
What if they're not?
>>10417792
>If LINK is just 5% of that
Again, 5% of the ENTIRE crypto market - this is a tall order!
>>10417792
>and there are 500,000,000 in circulation
could happen, but could also go to full 1,000,000,000 in circulation
>>10417792
>Now think if we bubble to $10-20 Trillion? If LINK captures 10% of the crypto market?
Again, what if it doesn't?

I'm honestly not trying to FUD but reading these posts there's just so much "if this happens and that happens and that happens and this happens" when nothing is guaranteed.

LINK is a brilliant project and IMO the best investment in crypto RN but the way you're all talking anyone would think it's a done deal already. Why can't you be a bit more conservative/realistic in your predictions and if it exceeds them you will be happy. Otherwise, you're just setting yourself up for disappointment if it never reaches $1000 (which is $1Tn market cap and I know MC is a meme but still this is more than Apple or Google or Berkshire Hathaway or whatever)

Be fucking realistic

Haven't invested in anything yet, but i've been following crypto since november. I have $300 here ready to pop my crypto cherry

I see that LINK's almost at 50 cents now. Is now still a good time to get in on it, or should I wait for it to go down a bit, like around 40-42 cents??

Also, should I throw all my $300 right now into link? I want to get in on XLM and OMG as well, but I'm going to be putting in more money with each paycheque I get, so I'll have more money to get into XLM and OMG later on.

Wat do? I trust you NEETS.

>>8977660
UK linksman here

>>7954787
We don't but it has all the best shills backing it, a huge tx througput (aka food for shilling), a low cap, tons of fake partnerships and all that jazz that can make it the Cardano 2.0 (except with a working mainnet).
Hoping for a x20 so I can pour $1M into LINK and BCH

Is there anyone who _doesn't_ believe in ChainLink left here? What are the arguments against it succeeding?

>>4771878
I have more LINK than you >>4771776

What does that make me, a colonel? So you'd better show me some respect if you're gonna continue this link marines larp

>>4655356
Oh gosh I can only imagine what she asked Warren

Any ideas?

>>4653539
http://www.fintech.finance/fintech-tv/sibos-2017-sergey-nazarov-smartcontract/

>"So we implemented of our working smart contract that was able to retrieve external market data and make payments using the SWIFT network. We did that together with a large number of institutions: Barclays, Santander, BNP Paribas, etc."

This and tons of other interviews

>>4636169

>>4618323

>>4537463
It would also make sense for them to do this now. They know the community are frustrated and this is the quickest and easiest thing they could do to keep the people pressuring them off their backs

Nice find if correct m8

>>4510335
>Don't you think that it's completely safe to sell this and try to increase your stack with other coins as you know that you won't get any good news in months?
No, definitely not. See >>4507525 and >>4507803

Completely safe? What is this based on? You're buying high and selling low. Unless you have good reason to think another coin will definitely increase 100%, you're just gambling.

For all we know, they could announce they're getting listed on Bittrex tomorrow. I'm not saying it will definitely go up between now and January - I'm saying I DON'T KNOW what's coming up and neither do you.

You're only thinking of one scenario: LINK is static/falling and BTC goes up. But what if BTC tanks?

Here's one of many possible scenarios: you sell LINK now and jump from coin to coin chasing pumps. You manage to increase your stack 20%. All of a sudden, LINK makes some announcement and, because of the shallow market depth, the price has already jumped to $0.30. You now have 40% or so LINK than if you'd just held.

Or, you might be even more emotionally invested. You wait for the dip to $0.25 from $0.30 and it never comes. You FOMO at $1 and then it corrects back down to $0.80 and you panic sell. You then FOMO in again at $2.

Basically, this >>4510550

If you wait until it's a done deal it's too late. You're buying the NEWS rather than the rumour. But once it becomes news, it's already priced in.

Do you not see how you're going against every maxim of good trading? Selling at ATL? Waiting for confirmed news before you buy?

If you don't believe in the project then by all means sell. But if you did your research and understand the project and its potential, don't try to time the market. You'll miss out.

>>4473829
Just watch the first 2 minutes of >>4473911 understand what he's actually saying, then think how important this is for crypto and how lucrative it would be if they pull this off

If you're not convinced then don't buy

>>4471435
My portfolio is something like 60:40 LINK:ETH

Avg Eth price was probably something like $30

Avg Link price is probably around $0.17/$0.18

Thank fuck I took a break from /biz/ and missed the initial LINK hype. It's a great idea and I'd have kept buying up to $0.40 or whatever it went to. It will definitely break this price soon enough but I got a load more link than I otherwise would have

I don't even care if LINK goes to zero, the signs are so good I could happily live with myself for being so boldly bullish. However, I'd be pissed off if it went to the moon and I hadn't bought enough