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

/biz/ - Business & Finance

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18713704 No.18713704 [Reply] [Original]

ALRIGHT, time to talk about ChainLink's price.

I've been crunching some numbers, researching how much api providers charge right now, looking into Oraclize and other oracle services customer-base and how much are they paying...

And I've came to the conclusion that LINK holders are completely out of their mind. The network just WON'T have nowhere near the fee revenue to justify the price predictions that are thrown around in this board.

If we're LUCKY, we might see a 10MM USD a YEAR at the beginning at the network. It's fucking ridiculous.

Even if we the network eventually gets adopted by a few banks for derivatives trading purposes (which WON'T happen in less than 03 years, you idiots have no idea how far away smart contracts are from being actually usable) it'll be HARD to get over 100 MM usd a YEAR in network fees. Shit just isn't that profitable.

So yeah, LINK is basically overinflated in price because delusional neets bought into the non-sense from a group of LARPERS and didnt actually do any research.

>> No.18713739

Normie shit token

>> No.18713760
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18713760

>>18713704
The chainlink token only gets its value from fees

>> No.18713819

>>18713739
>>18713760
Fuck you cancer motherfucker Tezos piece of shit trash whores!

>> No.18713864
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18713864

>>18713819
OMG...

I fucking LOVE Chainlink memes.

Chainlink is soooo fucking based lol. Sergey = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

>> No.18713935

>>18713864
KEK. I’m not super into the racist memes but the Sergey memes are....honestly epic desu. FLANNELMAN is LEGENDARY.