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Anonymous Wed, Dec 2, 2020 21:39:41 No.24498701 [Reply] [Original]

$230 per link would mean a market cap of 88 Billion, right? Same as Volkswagen's. Honest question: how can a decentralised oracle on the blockchain be valued the same as the world's 2nd largest car manufacturer?

>>	Anonymous Wed, Dec 2, 2020 21:41:17 No.24498730 >>24498701 How can you have literally no idea what market cap is?

>>	Anonymous Wed, Dec 2, 2020 21:44:36 No.24498793 >>24498701 Its just "painting the tape". Last trade price multiplied by number of tokens in public hands. It can be manipulated easily by exhausting sell pressure. Its psychological warfare against sellers.

>>	Anonymous Wed, Dec 2, 2020 21:54:08 No.24499027 >>24498701 what's Toyota's marketcap?

>>	Anonymous Wed, Dec 2, 2020 21:55:41 No.24499071 >>24499027 >188 Billion so this is what Vitalik meant

>>	Anonymous Wed, Dec 2, 2020 21:55:53 No.24499079 >>24498701 DeFi = $1.6 quadrillion market

>>	Anonymous Wed, Dec 2, 2020 21:57:55 No.24499120 File: 47 KB, 783x342, 675.jpg [View same] [iqdb] [saucenao] [google] >>24498701

>>	Anonymous Wed, Dec 2, 2020 22:15:05 No.24499473 File: 1.11 MB, 1276x717, smart contract market.png [View same] [iqdb] [saucenao] [google] >>24498701

>>	Anonymous Wed, Dec 2, 2020 22:24:40 No.24499669 File: 89 KB, 384x384, 1597630682678.jpg [View same] [iqdb] [saucenao] [google] >>24499473 Bullish

>>	Anonymous Wed, Dec 2, 2020 22:26:25 No.24499699 >>24498701 >88 Billion, right? Same as Volkswagen's how the fuck is that shit valued so high? that cant be right

>>	Anonymous Wed, Dec 2, 2020 22:32:09 No.24499817 File: 27 KB, 500x509, 1556560402956.jpg [View same] [iqdb] [saucenao] [google] >>24498701 >metal box that moves fast vs >access to automated asset contracts we are entering the digital age anon grow up

>>	Anonymous Wed, Dec 2, 2020 22:32:58 No.24499838 >>24498701 If you don't have 100k LINK you won't get crazy wealthy with it. Tomochain is the next best play.

>>	Anonymous Wed, Dec 2, 2020 22:34:54 No.24499870 >>24499838 Wow you're retarded. Like holy shit.

Anonymous Wed, Dec 2, 2020 22:40:40 No.24499990

>>24498701
Volkswagen? You mean the company that got outed for cheating on diesel emissions tests by a bunch of retarded undergrad students and had to pay multibillion dollar fines to American and European regulators?

No way chainlink could EVER in history approach the marketcap of a company like that. Impossible. Better sell all your LINK!

>>	Anonymous Wed, Dec 2, 2020 22:41:50 No.24500014 >>24499120 Based

>>	Anonymous Wed, Dec 2, 2020 22:47:19 No.24500110 >>24499838 shoo shoo pajeet/boris

>>	Anonymous Wed, Dec 2, 2020 23:25:31 No.24500780 File: 2.89 MB, 1072x1720, 1525991218588.png [View same] [iqdb] [saucenao] [google] >>24499473 we really are going to be the richest people on earth

>>	Anonymous Wed, Dec 2, 2020 23:33:09 No.24500931 >>24499699 VW owns everything, not just volkswagen cars

>>	Anonymous Wed, Dec 2, 2020 23:41:59 No.24501095 File: 26 KB, 926x809, 1582569142679.png [View same] [iqdb] [saucenao] [google] >>24499473 sergey dumping 700k a day is bullish

>>	Anonymous Wed, Dec 2, 2020 23:43:34 No.24501126 File: 382 KB, 1079x1070, 1601471736488.jpg [View same] [iqdb] [saucenao] [google] >>24499473 very nice, i might buy more of this thing heh

>>	Anonymous Thu, Dec 3, 2020 00:26:48 No.24501971 >>24498701 when crypto starts to topple the other systems

>>	Anonymous Thu, Dec 3, 2020 00:31:13 No.24502059 >>24499473 The funny thing is the entire derivative market is fake money. Can't wait until DeFi stings into that bubble and it all collapses into DeFi and the jew scammers all get BTFO

>>	Anonymous Thu, Dec 3, 2020 00:36:42 No.24502157 >>24498701 Oracles are useful, cars are not

>>	Anonymous Thu, Dec 3, 2020 00:37:37 No.24502174 >>24502059 It can only collapse if people dont see it coming.

>>	Anonymous Thu, Dec 3, 2020 00:51:24 No.24502404 >>24501095 supply goes up yet price stays the same or goes up. You cant be this stupid to thinks that is bearish.

>>	Anonymous Thu, Dec 3, 2020 01:11:15 No.24502702 >>24499473 Sheeit, the Bond Market is another $100B. If just 5% capital left all markets for crypto BTC alone would ~135x if it maintained its market share. LINK would do what, a 6x just off of that?

>>	Anonymous Thu, Dec 3, 2020 01:52:46 No.24503266 >>24499473 This image makes me rock hard every time I see it.

>>	Anonymous Thu, Dec 3, 2020 02:41:59 No.24503925 It can't, flip your link invest into DEXG under 2M market cap and the biggest irony of all biz, Biz's next coin doesn't need price oracles to set an asset price on chain.

>>	Anonymous Thu, Dec 3, 2020 03:43:35 No.24504726 >>24502157 Urbanite detected. You will never know true freedom.

>>	Anonymous Thu, Dec 3, 2020 03:45:15 No.24504744 >>24498701 market cap is a meme metric for crypto, anon

>>	Anonymous Thu, Dec 3, 2020 03:49:05 No.24504794 File: 45 KB, 602x599, 2.jpg [View same] [iqdb] [saucenao] [google] >>24503925 based dexg poster

>>	Anonymous Thu, Dec 3, 2020 03:53:38 No.24504863 I don't understand comparing crypto market caps to companies

Anonymous Thu, Dec 3, 2020 04:59:59 No.24505672

>>24498701
>>24499473
Okay i just realized a serious problem. Imagine your $100 of crypto is worth $50 million in the future. Why would anyone rich and powerful feel safe knowing their entire worth is only protected by a private key? If its ever leaked theyre fucked. With a bank, that kind of risk is not even thought about

>>	Anonymous Thu, Dec 3, 2020 05:02:41 No.24505718 >>24505672 dont keep 50 bil in crypto buy land, properties, gold, 10/10 gf ect.

>>	Anonymous Thu, Dec 3, 2020 05:28:02 No.24506038 >>24498701 how can tesla a company which produces a 1/100th of the cars VW makes have a marketcap 8x VW?

Anonymous Thu, Dec 3, 2020 06:04:21 No.24506524

>>24498701
value is determined by how much users you can serve

VW have to manufacture and sell an overpriced car to product value and serve someone

Chainlinks oracle network can serve anyone with a single click or signature across the entire globe

Stop thinking about income/revenue and start thinking about value and scale

>>	Anonymous Thu, Dec 3, 2020 06:13:06 No.24506630 >>24505718 if everyone do this, then >>24499473 will never happen as people just move money from crypto to other markets always

>>	Anonymous Thu, Dec 3, 2020 06:17:43 No.24506695 >>24498701 Pretty sure that TSLA already produces less value than a dog shit and its still worth half a trillion dollars. So who knows.

Anonymous Thu, Dec 3, 2020 06:26:17 No.24506796

>>24502404

Sergey dumping is bearish anon. And he has loads more to dump. It is the only thing that really worries me. They have been dumping a lot lately. It might eventually exhaust buyers and we dump. On the other hand I suspect sergey needs the money for hiring more developers to make chainlink better, so I geuss its fine.
Dumping tokens is the only income for chainlink and if they want to hire loads of more expensive developers and acquire more companies with oracle related tech they need the extra cash. But still, it remains bearish. How much is enough Sergey, how much?

>>	Anonymous Thu, Dec 3, 2020 06:47:02 No.24507103 >>24499473 >drops credit card on ground

>>	Anonymous Thu, Dec 3, 2020 06:50:52 No.24507163 File: 1.50 MB, 1272x794, 01AF4522-57F0-409C-87CE-96A3BEFB1976.png [View same] [iqdb] [saucenao] [google] How can one car company be worth more than the next ten combined?

>>	Anonymous Thu, Dec 3, 2020 06:51:20 No.24507169 >>24499120 where is this from?

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