/biz/ - Business & Finance

>>8959559
>that means that it's impossible for it to even reach $10 coz that would make it larger than Bitcoin by 7 times

>>8959559
you taking memes to seriously lad.
Remember Bane 4U on /tv/?
this is the same thing.
Although project is real, everything else is memes here.
Just laugh around. Stop taking it seriously

>>8959559
shhhh... delet this! i'm not don accumulatin!

>>8959610
I am trying to enlighten this Link cult

lol

>>8959559
Shit that's akshually a good point OP why haven't anyone thought about that

>>8959625
impervious-to-FUD fully-deluded stinker here. I laugh at you

>>8959641
even if Circulating Supply is only 500 mil....if link reaches $20 it will have same market cap as current bitcoin; around $140, 000, 000 000

this is COMPLETE MADNESS. the Link cult should be banned from /biz/

>>8959559
Can someone refute this fud? It doesn’t sound right

>>8959684
Even if the full supply of 1 billion Link was released before 10$/Link (it won't), this would put the total market cap at 10 billion dollars.

Market cap of Bitcoin is currently 137 billion and it will be multiple times higher by the time Link reaches 10 dollars per unit.

Tl;dr Op is just having a giggle trolling

>>8959667
hebrew sam fisher.
mission is to infiltrate schools and circumsize boys
then exfiltrate and eat some hummus

>>8959679
Yes agreed! This is a blatant scam!

>>8959741
so if link reaches 130$ it will be as large as bitcoin

a middle-man as large as crypto's leading coin

it would make it larger than ETH,,,it's main employer

>>8959774
if it reaches $50 it will be as large as ETH (mcap of $50,857,387,080 USD)

its like saying a waiter at McDonalds has the same net worth as the restaurant he works in

>>8959774
ChainLink actually has a use. It will eventually be bigger than bitcoin.

>>8959774
Delet this

>>8959679
Can someone please debunk this?

If not I'm selling all my link right now.

>>8959805
if this was a Microsoft project I'd say maybe IF smart contracts take off

btw M$ offers link's service except its centralized

>>8959741
what if link was 100 dollars, wouldn't that be very impossible?

What if I told you that the market cap is a completely meaningless figure?

>>8959828
It is a Microsoft project you mong.

My 15k Linkies are out of MC because
>I'm not fucking selling !

>>8959862
I would say you are correct. As most Link will be tied to nodes and the supply released to customers is not going to be on the market, the market cap can get VERY skewed.

CAN LINKIES REFUTE THIS SHIT?

>>8959559
Plz op, just....stop it. When you start to think problems just start piling up.

See here.....Math:
https://matchcoins.info/?c2=chainlink

>>8959679
please debunk this

>>8959862
whole /biz/ is at it, like retards
I even made this to laugh at them a while ago

>>8959679
OK you like market caps let me show you :
ripple market cap, right now is :
$26 399 983 799 USD

chainlink supply is : 350 000 000 LINK

now let's divide ripples marketcap by chainlinks supply :

$26 399 983 799 / 350 000 000 = 75.4$ / LINK

so if you hodl 30000 links, that makes you 2.262 million $

and that's only by taking into consideration ripple marketcap,

now we all know ripple is a piece of shit. chainlink will have atleast double that marketcap.

>>8960012
+ we all know that chainlink is an implementation of the GOD PROTOCOL

http://nakamotoinstitute.org/the-god-protocols/

so chainlink will reach without speculation 200- 300$ easy.

add in a little speculation bubble, by normies fomoing into it + the fact that chainlink is blockchain agnostic, so it will suck % of the marketcap of EACH current existing coin, and you have 1000$ EOY FAGGOT

>>8959828
He doesn't know about Microsoft cryplets.....

>>8959862
>What if I told you that the market cap is a completely meaningless figure?
Explain why?

>>8959559
>overall crypto market cap is static and will never increase ever

>>8960033
>>8960012
+ I forgot to add, that 50% or even more of the supply will be staked on nodes, so that makes the supply even lower, so that's more proof of the 1000$ eoy faggot

>>8959828
Bitcoin is a digital currency, ie a digital shitcoin.

ChainLink connects blockchains to each other, and to external data. If you don't understand how insanely valuable that is... sorry

Most of the coins won't be in direct supply. They'll be locked in nodes, making the Link tokens even more scarce.

You're all fucking morons. Market cap of the whole of Link doesn't work traditionally because of nodes.

I may be completely wrong here
But I think LINK’s price is not coupled to any crypto price.
One, it is Blockchain agnostic.
Two, it’s job is to process data. Bitcoin is a store of value. Their functions are different.
Three, ChainLink will tap into markets BitCoin doesn’t have to do with.
For example, insurance companies see ChainLink as very useful and use its smart contract functions. Because it is useful to them, insurance companies pay for it. They don’t mind BTC at all.
In another case, Link taps into derivatives market, that BTC doesn’t have to do with.

My analogy is this. BTC is like a large house. You are saying, how can a sidewalk that leads to the house be bigger than the house? But it’s not a part of the house. The sidewalk is part of a network of roads and highways.

>>8960080
Very good post. Anons, read this. It's important

Also, very friendly reminder that everyone said ETH would never be worth $1000.

>>8960044
marketcap was used as a valuation tool for companies.
do you see people using marketcap for currrencies? Idts
the value is pretty much just based on faith and "fundamentals" (in the currency example, this would be the GDP, Net exports/imports, and idk what else desu (didn't really delve into forex that much))
Just my 2 cents though

>>8959826
Dude you actually bought into a meme coin? Hahaha this thread is awesome. I didn't think anyone took it seriously.

How many links are required for a node and how high is their payout?
And what if chainlink isn‘t able to handle it and it’s just trash

>>8959559
Mah uracle

>>8959559
Sold

>WOW THE PRICE IN THE FUTURE HAS TO BE A BAJILLINO TIMES MORE THAN THIS DIFFERENT THING AT THE PRICE RIGHT NOW

>>8960130
This may shock you, but there are ways of finding answers to these questions that don't require you to ask mentally retarded people on an anime image board.

>>8960012
> muh 350 000 000
> devs holding 650 000 000 stinkies

What could go wrong at 75$ a piece, right?

>>8959559
I made a thread in reaction to OP faggotry
>>>>>>>>>>8960136

>>8960188
>brainlet spotted
shows that you don't know the team

137.534.058.870 (marketcap of btc) / 151.825.100 (mcap of ChainLink) = 905,87

905,87 * 0,433786 (current price ) = 392,95 $ EOY at least!
ETH/Ripple outperformed the 2016BTC mcap without fear of the upcoming WWIII

Nothing is better for business than a nerd loving cult: NASDAQ: AAPL

>>8960080
>My analogy is this. BTC is like a large house. You are saying, how can a sidewalk that leads to the house be bigger than the house? But it’s not a part of the house. The sidewalk is part of a network of roads and highways.
Very nice. LINK 1k EOY

>>8959800
Are you implying the market cap of eth is going to stay that number forever.

You're gonna come out in a month and say "lol I'm the guy that fudded every day now i own all your bags, and you're going to have like 6k link or something fucking pathetic, and you wasted all our time, especially yours, trying to drive the price down.

>>8959559
How can you be this fucking bad at maths?

>>8959559
>seven amd ten are numbers, stupid linkies, hur

>>8959559
The LINK fudders are all at it again
They'll be repeatedly raped by uncle Ben
When the FOMO begins, they'll wish they were dead
and be left with nothing but shitcoins in red
Sergey will take us to the promised land
NoLinkers left holding their dick in their hand
They refused to believe in the magic of kek
And for this they will forever be rekt

>>8960002
>>8959826
>iq of link holders
Only newfags hold link, prove me wrong

>>8959610
New level of fud
Almost had me convinced with bane 4 u example kek

>>8960012
Thanks just bought 100,000