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

/biz/ - Business & Finance

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6388740 No.6388740 [Reply] [Original]

Just woke up and let me tell you annoying ass faggots a little something about economics 101. CHAINLINK WILL NEVER BE OVER $100. ITS NEARLY MATHEMATICALLY IMPOSSIBLE AND EXTREMELY UNLIKELY. DO YOU BRAINLETS REALIZE HOW MUCH MONEY WOULD NEED TO GO INTO LINK ALONE FOR IT TO REACH THAT HIGH? LOL YOU GUYS ARE SO DELUDED ITS NOT EVEN FUNNY.

>> No.6388793

>>6388740
I would be ok with 10$ for now.

>> No.6388827

We know the odds and we know it will be $100+ one day

>> No.6388856

>>6388740
Also tone down the capslock you faggot.
>LOL
hmmmmm

>> No.6388871

Stupid stinky linkies dont know there are a crap ton of projects rolling out that will trump this shitcoin.

>> No.6388926

Link Rick&Morty

>> No.6388951

>>6388740

You're right it can never reach 100$

BUT IT CAN REACH 200$ WOOOOOO

>> No.6388983

>>6388740
>Chainlink $100
>Marketcap 35bn
>For decentralised trustless oracles that are blockchain agnostic
>What are smart contracts

Your brain is small and you should feel bad.

>> No.6388999
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6388999

>>6388740
>mathematicalee imppossibble for an asset to have 40B in marketcap.
>checks CMC, Shittle is at 70B

>> No.6389106

>>6388740
>Mathematically impossible for a company to reach a $35B market cap
>Looks at stock market
You might be retarded. I like when kids on here try to understand basic finance and can't.

>> No.6389336

>Link will never be over $100
I thought that was already established lol it’s more like $5 EOY 2020

>> No.6389478

>>6388983
>>6389106
What you guys are doing to the NEETs here is very wrong. You guys should be ashamed of yourselves for building up this pipedream everyday.

>> No.6389539

I just need to clarify something that might not have occurred to the teeming hordes of newfags that now populate this board.

The amount of money it takes to get from token price x to token price y is the amount of money in the order book between those two prices. That's all.
If I mint a trillion tokens and distribute them for $10 then I have a $10 trillion market cap. If someone places a single token for sale at $11 and that token gets bought then my market cap goes up a trillion dollars with $11 having been spent.
That's why market cap is a notoriously inaccurate way to assess value. The depths of the order books give you far more of an idea of how much money is supporting a project,

>> No.6389684

>>6389539
Because the valuation reflects the last buy price, right?

>> No.6389984

>>6389684
Man they dont care. they just wanna scam the newfags into being bag holders