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

/biz/ - Business & Finance

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13090093 No.13090093 [Reply] [Original]

>One billion coin total supply
>Entire crypto market cap including EVERY coin equals $140bil
>LINK cap currently $166 pitiful million
>If every penny from every other coin flowed into LINK, 139 billion 834 million dollars, its value would still only be $140/coin
>For LINK to be worth $1,000, its market cap would have to be a trillion fucking dollars
>For each coin to be worth a mere five shithog dollars, its market cap would have to be 5 billion... which would currently put it in the top 4, above Litecoin
Explain this shit. I've only just come back to /biz/ since PND/XMR was all the rage. Why is /biz/ suddenly so gullible? This coin isn't making anyone rich. The smart money is on 'classic' coin revival, the devs who've continued to work as opposed to scamming you lot then bailing. They're unfashionable, they're old, but they're still going and they'll come back to life. IMO think LTC, NMC, VTC, PPC. Coin supply in the millions, not the billions, yet about the same price as LINK. These might one day make you rich. Whereas LINK, it's literally impossible that it'll ever be worth much

>> No.13090115

>>13090093
>retard figures out that money needs to be pumped into the market in order to see a price increase

Wow great analysis. I’m still waiting on the report you promised detailing me if water is wet.

>> No.13090122

>>13090115
/thread

>> No.13090153

>>13090115
/Thread

>> No.13090161

>>13090093
okay faggot.
first of all we are currently around the bottom of a bear run already lasting 15 months. almost everything needs an 6-10x to get too its high again. so if link just follows the market it will already be around $5. secondly we are probably gonna pass 1 trillion next bull market. so with that link is already at $10. thirdly, link hasn't done a lot of marketing yet. they have stated that they will start doing that more once the product is finished. and lastly, its not a weird idea that link will be worth more than fucking litecoin i even suspect it to go beyond ethereum. so $100 eoy 2020 seems completely possible. but $1000 is indeed a meme

>> No.13090188

>>13090093
WE KNOW ITS A SCAM MORON WHY MAKE A THREAD

>> No.13090398
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13090398

>>13090161
>first of all we are currently around the bottom of a bear run already lasting 15 months.
Just kill me. I mean it. End it. Please