/biz/ - Business & Finance

The most deranged, deluded, absolute crock of shit to ever come from biz

>>10529270
there were 3 prices it could be, depending on good, bad and medium scenarios:

Good = $342,000 per LINK
Medium = $24,000 per LINK
Bad = $90 per LINK

But if you take the geometric mean of those estimates you get an average price of:

$9,000 per LINK

Basically, we're all gonna make it, whatever happens.

>>10529270
LOL Eth can't even get to a measly 2k. Tfs is Biz on?

LINK WILL DUMP

>>10529302
I want to believe, I really do.

but I am a linket with 4431 links, and at 24000/link I would have more than 100 million dollars.

I can't wrap my mind around that.

>>10529342
>Taking his post seriously

>>10529302
Weak fud

>>10529302

>>10529302
It's hard to put into words how stupid this reasoning is. Look, if McDonalds global market is a billion, and Heinz is used in 50% of McDonalds venues, does that mean Heinz is worth 500 million? Do you see how fucking stupid that sounds?

>>10529322
Quit trying to force your shittay meme. It's shit.

>>10529302
>derivative market value somehow translates to price of an API call
???

LINK 1000000 EOD(decade)


KEEP DRINKING THAT BULL CUM BOOMERS YOUR SACRIFICE WILL FUEL THE NEW ERA

>>10529302
>but the real derivatives annual market value is quadruple what is listed in that image
$1,000,000 LINK

>>10529452
1,000,000,000,000,000,000,000,000$ eoy

>>10529416
You’re so fucking retarded it’s so unbeliable.

If 50% of McDonald’s sales are from Heinz ketchup, mayo, bbq etc then yes Heinz is worth $500 million at a MINIMUM.

Now you take into account growth, McDonalds are using Heinz ketchup, surely other restaraunts will want to start as well. Now take into account spectulation from investors, they see Heinz has potential and Heinz is open on stocks. The value of Heinz is gonna be A LOT more than $500 million. Conservatively, you could safely double that value.

So go away with your shitty fucking analogy.

Oh $340,000 is retarded for LINK price as well. $1000 is not for crypto.

>>10529302
You realise that pictures a joke right? Just pulling numbers out of thin air. Links not hitting 1k for 3-5 years, if ever.

It's been confirmed time and time again by people on the team, that it takes no LINK to run a node, so the idea that 'most LINK will be locked up in nodes' is not true. If anything it'll be the opposite, with LINK constantly hitting the market as node operators get payout.

So it seems safe to say that the total supply will actually be pretty similar to the circulating supply. Even throwing LINKies a bone and saying circulating supply is 750 million, that means to reach just $10 it would need a market cap of 7.5 billion dollars, aka a x75 of value. Generous growth in any market, impossible in a bear market. $100? 75 BILLION DOLLARS. The same currently as ETH, XRP, BCASH, and EOS put together.

As for $1000 EOY? Now that is the saddest story of all. Conjured up by little LINK corporals that want to be multi millionaires, and little Linklets that want to be any kind of millionaire. There's no other reason to dream of such a ludicrous price that only a handful of coins could even reach during the greatest crypto bullrun of our times, let alone one with such a huge supply. The only coin I've named with a similar supply to LINK is EOS, which barely broke $20 at it's peak. Enough for the whales of /biz/ to turn a nice profit (assuming even that happens), but gives just scraps for all the Linklets they've deluded along the way. If you aren't following the math by now, it's a 750 billion marketcap by the way. Just shy of a trillion dollars by itself, not even including the rest of the crypto market. Worth almost as much as Apple... Jesus christ this would be sad if it weren't so FUNNY

>>10529502
In my example I did not say Heinz represented 50% of their sales. Maybe if you could read you wouldn't have to desperately gamble on shitcoins to make money

>>10529322
b a d m e m e

>>10529531

If you read my post you would understand that I did you retarded fuck.


> he missed the oppurtinity of a lifetime to make easy money
> not gambling on shitcoins in the opportunity of a lifetime.

Keep wage cucking.

>>10529502
>$1000 is not for crypto

Have you check the price of BTC today. Link fudders and Pnd groups are even more cringe.

Just buyand hold. If you see a Pnd, ignore the pump and when its low buy and hold. Just hoist them by their own rope. Link will moon without the wash traders and PnD groups anyway. One day they dump, someone buys and it just keeps going up.....never sell, never buy when they pump, Just hodl.

>>10529416
This LOL. Just because LINK is used for 1% of derivatives transactions doesn't mean it takes the value of those derivatives. I hope that the fee charged ends up being proportional to the value of the contract, but come on.

No way this thing goes over $10k before 2020.

May God have mercy on our souls.

>>10529627
$10,000 per LINK is a nothing but a weak FUD, not even joking
The derivate market is massive, more than anyone can even begin to imagine
One day LINK cryptocurrency will be worth $100,000

>>10529437
This

>>10529602
Stfu tard. Who the fuck wash trades or uses signals.

I’ll tell you the best way to make money on crypto. You become a fucking autist and browse social media 24/7. You pick up whatever coin has some hype announcement or big partnership and sell when pump happens.

In this case, LINK is picking up huge momentum and is a ticking time bomb. Normally I trade whenever good news happens but this is just way too risky to sell at this point.

OP, you may be onto something. The API Economy is already at a trillion dollar market cap.

Smart contracts are in silos until it can reliably be fed real world data to trigger contractual conditions programmed.

Anyone with an IQ of 110 or more could easily figure this shit out for themselves. Comfy as fuck.

>>10529685
the energy and good vibes in this thread is proof that we're all gonna make it. i cant this is real. $350,000 end of decade!!!!

>>10529270
You unironically will need 1 LINK to make it in 2040

>>10529685
I'm not joking either. I literally believe it's stupid to even try to guess at how high LINK can go if everything goes according to plan. Data driven contracts will be fucking huge and LINK gives the biggest companies a retard proof way to ensure they not only maximize thieir revenue from their data, but also push others to use smartcontracts as well.

I've never heard a best case scenario estimate on how many API calls per day LINK might handle in a future where smartcontracts are ubiquitous. It could be a pretty big amount.

>>10529528
LINK could potentially disrupt the entire financial and legal industry with smart contract implementation, saving companies billions (if not trillions) of dollars in manpower. But congrats on this brainlet fud, really.

wow this thread lol

Jesus christ you linkies only get worse over time

>>>/lgbt/

>>10529302
I'm a millionaire at $20 so I'll take any of these scenarios

>>10529270
Okay, this section of the website has become absurd. Im done.

https://youtu.be/-UarLssF-do

>>10529302
10% of 1.2 quadtrillion is 120 trillion

>>10529283
fpbp

>>10530473
I unironically have terminal cancer and bought LINK because I want my wife and daughter to be set when I die. Not even mad about your comment.

>>10529302
I'm gonna pretend you got digits, we're all gonna make it frens

>>10529627
Link has to provide collateral on that 1%. That would be collateral on ten trillion. 10% of that (assumed collateral) would be one trillion.

One trillion /one billion = $1k per token eoy!

Fud confirms Link $1k eoy!!!!

>>10529302
Holy shit if you believe this you are an absolute moron. This shit is going to dump so hard at some point...if you are reading this please watch out and please be smart. Dont dump your life savings into it.

>>10529270
gay and retarded stop commenting on this low IQ bullshit you fags

>>10529302
lol there are people who actually believe this

link marines are truly bored tonight
coming up with weak fud
kek has already spoken, 1000 eoy

>>10530401
So many newfags with 1k LINK actually think they will make it. The delusion is enough to bring a tear to an anons eye.

>>10532272
>If I have 1k link and link costs 340,000 USD each then I'll have 340m!!!!

>>10531095
lmfao

You all are delusional. This token will hit $50 max. 1,000,000,000 tokens and you can break that down a jillion ways

$3 EOY, $6 end of 2019, $15-20 2020. By then it'll be a commodity

>>10529270
Most every one would sell st $10.