Why Chainlink will only be worth $11

[Anonymous No.16565885]

https://medium.com/@AlexCookFinance/chainlink-link-crypto-no-nonsense-realistic-valuation-11-304b925964e6

“First, the notional value of the OTC derivative market is not a good measure of how much LINK could “capture” as a market cap. Except for specialized instruments like credit default swaps, notional value is purely just a reference number. For example, a fixed-for-floating swap (very common type of swap) might pay out a 3% interest rate in exchange for receiving a floating interest rate, such as LIBOR. If the swap had a notional value of $1 million, and the LIBOR rate was 3.50%, the bank would earn: (3.50% * 1 million) — (3.00% * 1 million) = $5000. Point being, it is a true that the OTC derivatives market has a notional value of multiple trillions, but this massively overstates the net payments in that market.“

We’ve been fed lies for three years by the /biz/raelites and the autists in this board Reeeeddd

[Anonymous No.16565895]

>>16565885
didnt read not selling

[Anonymous No.16565915]

>>16565895

[Anonymous No.16565919]

>>16565885
Chainlink will go to zero. It has already peaked, just like the thot in your picture

[Anonymous No.16565920]

link is shit

[Anonymous No.16565925]

>>16565885

Dude's an unequivocal retard who's done zero research into the clearing fees for derivatives. It's 5-25k per million dollars per trade, Chainlink reduces that to gas price; traders would murder each other to only have to pay a few hundred bucks per trade. Journalists need to fucking hang.

[Anonymous No.16565964]

>>16565925
So his example of a million dollar trade costing $5k is pretty accurate then?

[Anonymous No.16565979]

>>16565919
>>16565885
Yall be saying this since two years ago.
I've read your shitpost, but not sellin anyway.
You must understand, linkmarines went long positions on ChainLink.
All these nonsense shitposts won't help, because nobody is selling their long positions.
I haven't opened my wallet in over 1 year.
You guys just don't have iron hands to hold crypto. You see some shitcoin pump you skedaddle there to hold scam bags, and do it over and over hoping to catch a moon mission which never happened for you.
Link marines were successful and you are just jealous, aren't you?

[Anonymous No.16565987]

You can write whatever you want, I'm never selling. Fuck you kikes.

[Anonymous No.16566016]

>>16565964
He is right in saying that just taking the “value” of derivatives and trying to calculate the price of chainlink of it is silly
But he doesn’t really to seem to get the potential of smartcontracts
Also even if 11$ was right he don’t seem to understand that assets always gets highly overvalued especially in crypto

[Anonymous No.16566020]

>>16565964
5 basis points.
or 0.05%.
For 1 mil it would be 1m x 0.0005 = 500 bucks commission

[Anonymous No.16566041]

Chainlink cannot even reach a few usd let alone 11 faggit

[Anonymous No.16566105]

>>16565885
>>16565979
Variables:
D Value of Derivatives market
L Chainlink in circulation
Dp percentage of Derivatives market captured by chainlink
Cp percantage of collateral needed to fulfill the required contracts
mV minimum Value of 1 CL required for the network to cover the collateral.

Propose:
We assume the global derivates market is worth 1quadrillion dollars, CL has all coins in circulation, captures 1% of the Derivatives market and 1% is required as collateral (all values here are purposefully conservative imo. The 1 quadrillion number is the only one I could find on the internet, the article is a couple years old and spoke of 1.4quadrillion)

D=$1 quadrillion =10^15
L=1 billion=10^9
Dp=1%
Cp=1%

Result:
mV=D*Dp*Cp/L
mV=10^15*0.01*0.01/10^9=$100

[Anonymous No.16566106]

>>16565885
LMAOOOOOO fucking newlinklets are scared that it will ONLY reach 11 ahahahahahahahahahahaba. I'll fucking celebrate like there is no tomorrow if it would hit 11 (which is unlikely and even if it will take 6 years from now on)

[Anonymous No.16566123]

>>16566105
value of Derivatives market is highly arbitrary
collateral isn't equal to the value of a derivatives contract

your calculation is hsit

[Anonymous No.16566137]

>>16566105
>>16566106
Chainlink is proven vaporware. It hasn't captured a single user since the 1+ year it's been online. Not a single one.

It will not capture even 0.000001% of any market, derivatives or others.

Proof:
>1+ year test net
>5 months main net
>nobody can name a single dapp with users using Chainlink oracles in production
>(with proof link to dapp.com/dappradar/etherscan)
>Linkers: this is bullish!

[Anonymous No.16566146]

>>16566123
>value of Derivatives market is highly arbitrary
true
>collateral isn't equal to the value of a derivatives contract
but rather...?

>your calculation is hsit
Where's yours?

[Anonymous No.16566189]

>>16565885
Crypto has no "no nonsense valuations". BTC is nothing but a decentralized heater which does 3 tps for a dollar a pop and went to 20k. Scam ponzis make billions in stolen cash. Shitcoins pump 100x on nothing but marketing and conference presence. Chainlink can easily go to 100$ and beyond, as easily as it can go to 20 cents and below.

[Anonymous No.16566241]

>>16565885
>This gives a target price of $11.252, rounded to $11.
I'm truly excited for you guys, congratulations.

[Anonymous No.16566251]

>>16565895
This. GET FUCKED OP

[Anonymous No.16566258]

>>16566146
>>collateral isn't equal to the value of a derivatives contract
>but rather...?

if you get insurance for something you dont back up the whole value of the thing thats insured
same for derivatives you dont back up the value of the derivatives contract with the same value
otherwise 1 quadrillion + would be locked up in the derivatives market which it isn't hence why it's highly arbitrary

>your calculation is hsit
>Where's yours?
i think it's a waste of time to do calculation based on an endless amount of variables and wishful thinking just to feel good about your investment

I rather think about what chainlink can bring to the
Derivatives market
trustless contracts
no middlemen
gives everybody access to trade
lower fees

[Anonymous No.16566261]

>>16566137
blockarca.de