[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 265 KB, 1870x958, linkchart7.png [View same] [iqdb] [saucenao] [google]
14169939 No.14169939 [Reply] [Original]

Hey anons, here’s an update mcap/coin price chart for link. Basically this just asks the question “what would the price of Link be if it achieved rank X, while the market as a whole hit a valuation of Y?”. We’re assuming the relative weighting of mcap per rank remains the same.

>That’s not how marketcap works!!
No fucking shit, this is just a thought experiment to place constraints on link price speculation

RECENT EVENTS: Been a pretty uneventful week.

>> No.14169957

Chainlink

>> No.14169959
File: 142 KB, 750x1189, 1560643393990.png [View same] [iqdb] [saucenao] [google]
14169959

>>14169939
>wearing pants

>> No.14169964
File: 96 KB, 209x351, 1560386851566.png [View same] [iqdb] [saucenao] [google]
14169964

>>14169939
>RECENT EVENTS: Been a pretty uneventful week.

>> No.14169980

Considering crypto is expected to go to 20T market cap by 2030, and I would be amazed if LINK is not top 5, then, uh, yeah. Maybe I will get a lambo after all, just for the keks.

>> No.14170061
File: 21 KB, 600x600, EF77982F-853D-4D89-8430-88CD254057D5.jpg [View same] [iqdb] [saucenao] [google]
14170061

>>14169939
>>14169980
So what you guys are saying is... buying link even at $1000 a piece isnt a bad investment?

>> No.14170339

>>14169980

imo this chart is more about $1000 EOY being unrealistic than getting more hyped about the far future, but I guess it works that way too

>> No.14170363
File: 40 KB, 960x540, EricHolderKilledMe.jpg [View same] [iqdb] [saucenao] [google]
14170363

>>14169939

>> No.14170384
File: 106 KB, 1420x905, 1.png [View same] [iqdb] [saucenao] [google]
14170384

I will only post this once

>> No.14170387

market cap is a meme

>> No.14170422

>>14170384
Based and we're all gonna make it pilled

>> No.14170455

>>14170384
Link confirmed $120-150 at height of this bull market, Bitcoin approach 100k. Link retrace to $10 then next bull run btc ,1 mill link 1k.

>> No.14170537

>>14170384
>ha ha, people are totally going to be using Chainlink as their currency they trade with
Litecoin is going to #1, I called this a long time ago and youre pissing around with whale scam coins. Go look up its actual use case and if you dont see "80%" youre not looking hard enough.

>> No.14170674

>>14170384

This is the exact opposite of my chart you vandal. Meaningless lines that build hype vs. autistic charts meant to temper enthusiasm

>> No.14171340

>>14169939
im seen this so many times and i still dont understand it

>> No.14171473

>>14171340
ya same like. i think it's if the total supply of money inside of crypto at the top then link should correspond to something around it. like 2 trill in crypto is line at like $20 or osme shit. doesn't make sense to brainlets

>> No.14171573

So if the Crypto Market in toto = 10T (not completely absurd) and Link is a Top 10 Crypto (not completely absurd) then we rich! There is a chance Frens.
>>14171340
>>14171473
It is saying for example - that if Link held its current ranking #24 and the total market cap went back to ATH (and we grew commensurately with the market) we'd be at $5.46. If we were coin #20 at ATH then we'd by $6.88 - hope that helps Frens

>> No.14171631

yo
include update histories please so we can see a trend

>> No.14172373

>>14170537
>currency they trade with
are you fucking retarded?
chainlink is staked on a pool
and it's value is only truly unlocked once we start having securities/ insurance/ propriety control/ dApps replacing (((institutions))).
the insurance one will create a fucking black hole into the boomers economy
they won't know how the fuck Mapfre and AIG went to 0 in a year

>> No.14172400

>>14170674
your chart will obey logarithmic progression, I only drew a crude shit line of how it behaves IRL
also, there is no timeframe for the progression, as the token is dependent on how the smart contracts start getting put to use
I believe the first big one will be insurance