/biz/ - Business & Finance

>>10726384
Yes they are. The total supply is one billion. That means you can get dumped on by sergay at any time. What do you think market duping millions of tokens will do with the price?

>>10726384
At current circulation it would be around $315

It'd be $314

>>10726410
>current circulation
Kek, conveniently ignoring the 500k tokens that sir gay owns and will dump on you

>>10726410
>>10726411
(109/.96) * .27 = 30.65
Am I retarded?

>>10726384
AHAHAHAHAHAHAHAHAHAHAHAHAHAHA
STAY POOR FAGGOT

>>10726438
*500m

>>10726384
>Are my calculations wrong? What gives?
chain link
ch ink
chink
chink scam
>chink scam confirmed

low circulating supply since anyone can stake it, even one link can be staked
99% of link in nodes
billions of fiat processed by big banks through the last 1%

>>10726440

play here:
http://crypticboom.com

Damn, this thread has me FUDing. I thought I would be able to retire with this thing.

>>10726438
He only has 300M he can dump on us, the rest are going to node operators. An anon pointed out earlier that Binance has almost 100MM LINK in a wallet that barely moves

>>10726440
$110B market cap / $3.5B market cap (LINK at $10) = 31.42 x $10/ LINK = $314.29

>circulating supply = total supply

>>10726526
>He only has 300M
kek the mtx gox scammer has less than 10% of % of bitcoin and can DESTROY the price any time he wants.

Delusion at its finest.

stay poor linky

lmao at the absolute brainlets doing roundabout math to get to the answer

110 billion/350 million = $314. just lol at incorporating multiplication into this problem

Shhhh you'll break their delusions

>>10726573
I hope they actually do burn some coins

>>10726595
We should all burn 10 Stinkies each as a sacrifice to kek

>>10726555
thank you for helping me see the light

Chain link price prediction includes Bitcoin appreciation

Link/btc 10x'es
Btc/USD 10x'es
Therefore link/USD 100x'es

Add a few x'es to account for fomo and you have your meme price prediction

The memers and the fudders both can't see the picture. It's all a joke but it will be revealed over the next 4 years. the memers will say "waaah, waaah, I wasn't rich in a moment" the Fudders will say, "Ha Ha told you stinkies as he clutches his ETC and TRX". both will be wrong and the ones who know, the ones who win, are silent, patient for they know the wave that will roll over this wasteland like a young golden retriever living in Singapore in 2005.

>>10726720
100 times .27 is $27.....

>>10726526
>He only has 300M he can dump on us, the rest are going to node operators
Pinky swear?

>>10726792
You are a MANIAC

>>10726384
it already reached 3x market cap of $10 bitcoin and is only worth 27 cents

>>10726797
If $27/LINK isn't making it for you then you are a poorfag to the max

>>10726800
pinky swear ;) he's already dumped 14.4MM LINK on us already and we haven't felt a thing

>>10726887
I'm 19 and trying to retire, not a fucking Boomer with social security.

>>10726934
What's your stack? 20k here

>>10726384
"Calculations"

Its literally a one calculation and you didn't manage to do that.

>>10726887
Some of us are poor college students putting all their net worth into ChainLink, not everyone is a 30 year Boomer with a pension fund

>>10727220
Which is why you’ll never become a rich 30yo boomer. Just because you’re young and poor doesn’t mean you have to make retarded investment decisions. I was in college 4 years ago with a negative net worth and now have high 6 figures. And not because of crypto.

>>10726941
lol

>>10726520
See this thread anon >>10727016

>>10727220
if a 100x return on your investment is not enough to retire, you should probably reconsider putting your money in it.

muh single rarity

>>10726384
Have mine

>>10727603
That makes absolutely no sense whatsoever, if an investment won't allow me to retire then it's not worth it at all? The fuck?

>>10727370
Congrats but times have changed and no I didn't invest in ChainLink bc of the memes or cult like behavior some anons have. If ChainLink doesn't succeed, Smart Contracts won't succeed, and at that point we have bigger issues than that in crypto

>>10727669
Redpilled & based

If Chainlink doesn't hit $600 at least I'll kill myself. Why did you let me down, /biz/?

>>10728226
You should make funeral arrangements

yo senpai. i love y'all. just lemme tell it str8 we all low-key million-aires. just make sure you hold at least 1k of your 10k stack and you fine. jus sell what you need for mcchickens to sustain on the way up but you all solid trus me senpai. its lit. niiiiiiice desu sweg. boonk gang...whole lotta gang shit

Yo my niggers just hol up your link my nig don’t sell lyk a pussy

>>10727974
If smart contracts needed chainlink to succeed, chainlink wouldnt be a half dead pnd shitcoin that only gets talked about by memeing retards on 4chan who seriously believe $1000 (and even $2500) is possible by the end of this year because some underage faggot was spamming his get script for two days straight.
Kys pajeet.

>>10728299
this guy low key woke asfug. here me out senpai. he prolly gettin neck as we speak senpai. boonk gang...whole lotta gang shit

>1 Billion total supply, let's say it's all in circulation
>$110 Billion Market Cap
>$110/1 = $31

You know you can just remove the 000000000 from both the market cap and the circulating supply and do this the easy way, right?

>market cap

>>10726384
Even with all tokens in circulation, Chainlink would be $112 at Bitcoin's current market cap (which for now is the bottom of an 8-month bear market).
So yes, your calculations are wrong.

Also, know that "market cap" is an entirely fictitious metric.
>print 1 million tokens
>manage to sell A SINGLE TOKEN to some guy for $1
>*poof* your token has a $1 million market cap

>>10728724
OP found the price for bitcoin mc and current link circulating supply and then randomly removed a zero for some reason. Complete brainlet

>>10726555
Because the Mt Gox trustee is considered a detrimental external force. He's also retarded; "hurr imma sell on the open market instead of striking a deal with the exchanges".

By contrast, Vitalik notoriously owned a large portion of all ETH (his infamous premine) and sold large quantities of it at various intervals, and ETH simply kept mooning and mooning, entirely unaffected.

>>10728724
Pajeet make shitcoin
Pajeet sell one shitcoin to rakesh for 1
Incredible marketcap