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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13353521 No.13353521 [Reply] [Original]

tell me something. why would LINK be worth fuck all ($10-$50) when 350M tokens are locked up for the purpose of paying node operators which will in turn either sell their shit to cover expenses. Unironically until that 350M starts to dwindle down into scraps and most tokens are locked up, LINK won't hit anywhere near the price targets people are predicting. Maybe $100 by 2025.

>> No.13353538

>>13353521
Theres no better option in crypto.

>> No.13353554

>>13353521
It’ll be 50c by 2025

>> No.13353568

>>13353538
There are better options. It's just that the people invested in those better options aren't going to tell you about them. Linkies are so deluded and overconfident that you want them to keep holding LINK so that you can see their reactions when the exit scam happens.

>> No.13353611

The only reason LINK is worth a single cent is based off of pure speculation for a vaporware that has not been proven to work, nor has it proven to be needed. The LINK team has not even provided a true product yet and LINK’s use case depends on mass crypto adoption in the first place. “Decentralized oracles” implies that people/business will not only be using crypto in their transactions, but also that they will give a shit whether or not the oracles are decentralized, neither of which is clear.

LINK’s price is pure hype and therefore it’s easy to swing trade. You can ride the highs and lows of the token because it has no substance, no product, and no use case.

>> No.13353617

>>13353521
>200x in 5 years isn't good
Fuckin /biz/

>> No.13353904
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13353904

>>13353521
>350M tokens are locked up for the purpose of paying node operators
already priced in you brown shit-prince

>> No.13353917

>>13353611

Well said. I'm betting on Big Daddy Grandad coin.

Fuck this big mac eating shit coin

>> No.13353919

>>13353521
It's a scam shilled by desperate and delusional bagholders

Stay away from that piece of shit erc20 token

>> No.13353929

>>13353521
it's unironically over for LINK

>> No.13354008

LINK is an elaborate, intricate project crafted with great detail and is expected to revolutionize whole industries according to leading experts in cryptocontraction.

>> No.13354295

>>13353904
This. How many times will poor pajeets post this fud in hopes that they can manipulate the price of a $174m mcap project through posting in a Mongolian basket weaving board. This makes me feel for these desperate poor fucks and their families.

>> No.13354338

>>13353568
Examples of better options? What other project in crypto has half of the space relying on it? Even Eth can't do shit without link

>> No.13354405

>>13353904
so you're literally confirming my reason why this shit will never be above $0.50 until the tokens are all paid out and in circulation you stupid dumbfucking inbred retard.

>> No.13354415

>cant even reach 1 fucking dollar

>> No.13354440

>>13353521
Because you need the token to
A stake as a means of ensuring skin in the game on fulfilling contracts
B as a way of paying for data requests/mechanism of transaction of data on/off chain

You can only pay in link

But you knew that and are shitposting like a smug fuck in the hopes that you can slander a project enough to push price on this Fijian fish hatchers forum

Sage