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File: 3.36 MB, 4096x3446, Link charts v5_2020-09-21.jpg [View same] [iqdb] [saucenao] [google]
22711452 No.22711452 [Reply] [Original]

As always, the point of this chart is just a simple thought experiment: "What would the price of LINK be if the crypto marketcap was X and link was at rank Y?" This isn't meant to be predictive, I'm not saying we are gonna hit a particular rank/mcap, just putting some perspective on what it would take to get there.
In addition to the price of link at the % dominance of current coin ranks, the rows with the price of link if it hit the historical % dominance that different altcoins (BCH, XRP, ETH) hit at their respective peak % dominances. Note: not peak price, peak dominance.
----------------------
What I think this chart (and link price action) is saying right now:
1. Certainly the most brutal and obvious thing: At our current rank/% dominance, even if the total crypto marketcap were to reach previous ATH, it would only bring us to 22$. Barely above the previous peak. That’s a harsh toke, and it’s clear that taking some profits at 20$ would have been correct. I definitely have learned from this experience. I was fine on the 4$-1.50$ pullback, but this one hurt a lot more, these are real amounts of money now. I’ll hold back to 20$, and any rallies to 30-50$ I’ll be seriously considering taking some profits along the way. All that said, anyone panic selling right now is an absolute retard, now is the time to accumulate again.

2. 1000$ eoy is a meme, for this year at least. Keep critical of link, this is an amazing project and investment but there's always a chance things could go wrong. Plan the circumstances under which you will sell in advance.

3. As always, if Link ever has a 'mania', the price could get crazy. If link hit the % dominance that BCH, XRP and ETH hit at their peaks, that's putting us in the 100$-200$ price range, even just with the CURRENT market cap. Those rows are still hopium for now though.

>> No.22711521

The easiest way to make money in crypto right now is to make a bot that buys and sells $1000-5000 swings in bitcoin.
Bitcoin will either crab forever or slowly bleed to death. Chainlink will most likely be sub-30 ranking by this time next year. At least with the aforementioned bot you can make a few extra thousand $ over and above whatever wage or neetbux you get

>> No.22711537

>>22711521

Where can I find such a bot

>> No.22711549

>>22711521
Link will most likely be #1 by this time next year you redditor g0 back

>> No.22711614

>>22711537
Make it yourself.
>>22711549
Enjoy bleeding to zero like every other ERC scamtoken from the same era.
The funniest thing is, even if LINK went to $1000 you cultists still wouldn’t sell because there’d be a new get saying $100k or some shit. Enjoy literally never winning you FAGGOT

>> No.22711646

>>22711614
>down 60% in a month
>still up 1500%
i guess you're right i'm a loser

>> No.22711897

>>22711614
>LINK is an erc scam token
Low quality fud mixed with angry seething
If you would know anything about the project you would at least know about the blockchain agnosticism. If you wouldn't be a chinese controlled poc to protect against double spending maxi, made by a teenager based on knowledge from the late 90's, you would know that institutions will adopt dlts, but not permissionless ones. And if you would have done your research you would know, that only one project is compatible with the only current competitive permissionless dlt, Hyperledger fabric, yes, it is LINK

>> No.22711928

>>22711897
the only competitive permissioned dlt was meant of course. And please before somebody comes along and screams about how bitcoin has been adopted by institutions, no, BAKKT, some random hedgefunds and university departments laundering public money are not institutions. The ECB on the other hand can be called an institution

>> No.22711932
File: 161 KB, 1024x706, 1596296112890.jpg [View same] [iqdb] [saucenao] [google]
22711932

>>22711452
use this chart, this is the real one, op chart is retarded

>> No.22711937

>>22711452
based sgt. Armadillo keep up the good work

>> No.22712009

>>22711932
I'm sorry that chart is as useless as the above, as both consider Chainlink to be part of crypto. It is currently perceived as part of it, and yes Chainlink was kick started by an ICO, why you might ask? Ask yourself, how can money be funneled into a future institutional project staying under the radar, yes, an ICO. Now ask yourself, if institutions and regulatory bodies on national, supranational and international levels said clearly no to permissionless blockchains, what will happen with all the current permissionless blockchains. I tell you, they are all pets.com

>> No.22712078

>>22712009
and lets spin this line of thought a bit further. If a bunch of austistic shitcoin paddlers somehow got wind of such a project that was meant to stay under the radar, what would the regulatory bodies and institutions do to not give the control of the mark of the beast to a bunch of chinks, whales and autists? First, they pump it to the moon, have every nigger fomo in, second they short the shit so hard it goes below ico levels, third, keep it there till the plebs have been weeded out of the space, last, adopt it on the backend without much fuse.

In short if shills say this is going to 0, they are not wrong, does that mean you should sell your stinkers. No, it would be retarded. 1000 suicide stack was never meant as a joke, it was serious

>> No.22712221

>>22711452
Thanks for making these all this time fren. You personally made me hold on between the first 'dump' from $8 to $6. Do you have a .psd or something you could share? I'm interested in making one of these for PNK and would greatly appreciate it.

>> No.22712278

>>22712078
trying 2 hard 2 be assblaster

>> No.22712310

>>22712278
I'm not assblaster
but I might know assblaster, not sure if he/she knows me

>> No.22712423

>>22712078

you're predicting we literally get crushed to zero for the time being? I highly highly doubt this, going by that logic a lot more people would start investing in something 90% from from its ATH

>> No.22712454

>>22712423
chinks have only a theoretic access to 1/3 of LINK. They will try everything to get as many as possible, either buy pumping it to get you to sell, or crushing it to get you to sell. Don't sell.

>> No.22712687

Assblaster we need you more than ever right now - I can’t keep motivating the marines - we are losing this battle but I know we will the war. I’m not selling this shit will be adopted and you are all going to rope

>> No.22712818

>>22712687
I doubt assblaster will ever return, this has become too important. I'm low enough of a pleb to fly under the radar, but high enough to see the bigger picture. Do what you can, reducing the reputation of Chinese exchanges is a good lane of attack, the new ranks, okayish, getting more "influencers" on board to give the nu-linkers confidence in their asset, risky.

>> No.22712962

>>22712818
Don't worry, I'm a nu-linker and I'm prepared to lose the entire stack.

>> No.22713046

>>22712962
>lose
don't lose it, that is the whole point nigger. But I get you. The attacks on this board have been bad, really bad. Nu-Linkers that can hold in such a storm deserve the title Marine more than many of the old Marines. Glad to have you on board fren.
Fuck Niggers
Fuck Chinks
Fuck Spics
and Fuck jannies

>> No.22713259

>>22712687
>
we are not losing the battle you degenerate. this is basic training for new recruits. this is fucking nothing. veteran marines are up 1000s of %.

>> No.22713274
File: 6 KB, 231x218, 1600685200132.jpg [View same] [iqdb] [saucenao] [google]
22713274

>>22711549
>$1000 end of year
>a-any y-year now

>> No.22713349

>>22713274
This guy again. We see right through every single one of you.