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/biz/ - Business & Finance


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8997736 No.8997736 [Reply] [Original]

unironically why is chainlink's market cap that low? it should at the very least be beating shitcoins like dash and verge as it is one of a kind and very integral to the advancement of smart contracts

>> No.8997770

Because there is no hype for it. It doesn't do anything yet and no one knows about it. /biz/ and two subreddits are the only communities online that are even aware of it. It's completely under the radar and by the time everyone realizes it, it will be too late.

>> No.8997808

No one uses it, any use case for it is going to be done by IOTA

>> No.8997825

>>8997770
This. We need to keep it under wraps until sept or whenever when mainnet is released.

>> No.8997838

Up 30% this month, shit is happening

>> No.8997869
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8997869

>>8997736
>it should at the very least be beating shitcoins like dash and verge as it is one of a kind and very integral to the advancement of smart contracts

>> No.8997871

we are literally the only people who know about it. unless it has some ridiculous hype train with tweets and competitions every day it wont gain the attention of normies

>> No.8997885

>>8997808
Ok so I'm a classically trained agronomist and one of my hobbies is trading millions of dollars worth of futures contracts ( I hit it big in the shrimp bubble and cashed out early). I also have significant holdings in wheat production and processing, so I typically go long a few million wheat contracts around this time of year to hedge against price fluctuations. With Chainlink, I can use real time weather data to market dump my longs if real time weather conditions stay within the optimal wheat growing conditions, or buy a fuckton of longs if a catastrphic late freeze hits or floods occur in wheat growing regions.