/biz/ - Business & Finance

>>20232886
It's the biggest company in the world. Will SmartContract be the biggest company in the world? Probably not. That being said, the addressable market of smartcontracts is much larger than the addressable market of retail goods and groceries soooo who knows.

>>20232919
i only know that it's happening tonight!

>>20232919
marketcap doesnt really translate between companies and stocks directly.

>>20232919
It’s not a company it’s a network you fucking retard

>>20232919
>Will SmartContract be the biggest company in the world?
actually yes it will be eventually.

>>20232886
Many anons think $10,000 is out of scope.
But I am sure a lot of people will be suprised very soon.
Let's wait for the next bullrun.
ETH will propaply hit $10k
If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
When is this going to happen?
2022 propaply.
Now think about it: In two years, there won't be that much adoption of smartcontracts yet. SWIFT's plan to switch over to DLT will be completed in 2026.
And I am not even speaking about the derivate market, insurance market and what not. There will be many more usecases, which we don't even think about yet.
So back to those $300.
If a bunch of retards and an influx of normies and speculators will be able to drive the price of LINK up to $300, what do you think is going to happen when real adoption kicks in?
Do you think the demand will only be 10x more?
No, it will be waaaaay fucking more.
Then once the laggards realize, what LINK is and what it does, they eventually start buying in as well, because of the endless positive feedback loop.
Imagine a stock where you know that everybody will keep buying it, no matter what.
Fucking amazon got pushed up to a trillion dollar marketcap.
A fucking shipment service.
Now imagine a protocol, which profits from the network effect.
And enterprises/node operators will earn money from providing data on top of it.
If there are still anons on this board who think that $1000 or $10,000 is out of scope, then I am sorry.
You have zero imagination.

>>20232886
the CONFIDENTIAL C O M P U T I N G CONSORTIUM filled with TECH GIANTS is absolutely DEDICATED to advancing the ADOPTION of CONFIDENTIAL COMPUTING(IEXEC)

>>20232919
>>20232919

Its a network. Individual investors will finally be able to capture value directly from a fat protocol and not just a thin protocol aka profits of a company through stocks.

Its like buying a share of "HTTPS", this is ironically much large than Amazon. Our product isn't even tangible and there is almost no cap to its growth. You'd have to be retarded to not have at least 1000.