LINK will Never Hit 0.047 ETH Again.

[Anonymous No.24146721]

LINK will never flippen BTC or ETH. The maximum possible prices of LINK, the flippening prices for the fully diluted marketcap, are:
0.021 BTC
0.14 ETH

The peak of 0.047 ETH was the closest it will ever come to flippening ETH. It will never go that high again.
LINK/USD chart is a red herring. It only increased recently because ETH/USD went up.

LINK has at best 1.76x upside potential from here relative to holding ETH. And much greater downside risk and poorer liquidity. There's no point in buying/holding it over ETH anymore.

[Anonymous No.24146770]

>>24146721
Spastic

[Anonymous No.24147020]

>>24146770

[Anonymous No.24147138]

>>24146721
Cool opinion bro, all of these numbers will happen in a vacuum because reasons. Really smart.
S and H.

[Anonymous No.24147210]

It's gonna be 14 ETH per LINK and you're gonna rope

[Anonymous No.24147228]

>>24146721
kys

[Anonymous No.24147279]

>>24147020
that looks bullish to me

[Anonymous No.24147366]

>>24147279
Nope, it will never go to 0.047 ETH again.
I've been in this game 8+ years. I've seen it thousands of times. Every altcoin/token tops out of the BTC/ETH ratios then never fully recovers to the previous peak.
Screencap this and thank me later.

[Anonymous No.24147412]

It's time to stop shilling normies into pumps that are past their peak like LINK.
New money should be shilled into BTC and maybe ETH only.
If BTC/USD and ETH/USD go to new ATH, it creates a media frenzy that will lift the entire market higher (on the USD ratios).

[Anonymous No.24147433]

>>24147366
ETH is a dead shitcoin and will drop out of top 10 in a few months.
After Arbitrum mainnet is live LINK will be #2, followed by AVAX and DOT.

[Anonymous No.24147507]

>>24147433
kek. Perfect example of a shill who is trying to sell you his risky garbage in exchange for your lower risk and higher liquidity ETH.

[Anonymous No.24147533]

>>24146721
You will never be a woman.

[Anonymous No.24147589]

didn't read never selling

[Anonymous No.24147671]

>>24147507
ETH can't scale and the costs are astronomic. ETH 2.0 has failed and will never happen. ETH is pretty much dead forever.
The future is L2 and both most viable L2 projects run on chainlink nodes. Synthetix and AAVE are both working with chainlink and they will be adopting Optimism and Arbitrum as soon as they are finished, making ETH completely and utterly obsolete. The whole DeFi and the DEXes will completely move away from ETH by the next summer.
Enjoy your dead SJW shitcoin.

[Anonymous No.24147735]

>>24147412
I agree.

[Anonymous No.24147848]

>>24147671
You're recycling the same narrative we heard thousands of times from altcoin/ICO scammers for years.
>BTC and ETH can't scale and will die. Buy my relatively illiquid shitcoin/token instead.
For a financial product, adoption by the 50m richest people who control most of the world's wealth is all that matters. The wealthy elite are allocating 90%+ to BTC&ETH and 0% to your shitcoins/tokens. Your shit will bleed out on the BTC and ETH ratios as we've seen thousands of times.
Michael "Gigachad" Saylor said it best when he was talking about coins that shill low fees and high throughput on the base layer:
>You're building a bank for people who have no money.

[Anonymous No.24148049]

>>24147848
Why are you still fudding LINK?
Ethereum is not a bank you fucking moron. It's a platform for smart conctracts. Smart conctracts need oracles to be of any use since you want to take the human labour out.
I wont go any further with this, since your fud is shit.

[Anonymous No.24148106]

>>24148049
I never said LINK isn't useful. I agree it is very useful/valuable.
I'm just saying it will never flippen ETH.
0.047 ETH is the closest it will ever get.
Holding LINK now gives you additional risk, poorer liquidity, and no extra upside potential compared to holding ETH.

[Anonymous No.24148143]

>>24147848
>BTC and ETH can't scale and will die.
Which is true. BTC average transfer is currently $190,000. No one is using BTC as currency or an exchange medium anymore. BTC's main function is dead. It's only pumping because of the digital gold meme and because it has low inflation.
ETH is inflationary shitcoin with an unlimited supply. Once it's main fuction of smart contracts is dead due to high costs, it will go to 0.

>For a financial product, adoption by the 50m richest people who control most of the world's wealth is all that matters.
So, chainlink? It is literally a project of the World Economic Forum from the very start, Ari worker for the Federal Reserve and Sergey has worked under Rockefellers.

> The wealthy elite are allocating 90%+ to BTC&ETH
The elite won't even touch these shitcoins. They are making their own.

[Anonymous No.24148170]

>>24148049
And you took the quote too literally, moron.
Saylor's quote was talking about which crypto's the wealthy elite will use as a store of value.
They're going to pick the two that have the highest liquidity and network effect, BTC and ETH. They don't give a shit about transaction fees on the base layer even if they are $20.
It's still cheap as fuck relative to the oldschool method of hiring an army of accounts and lawyers to store value in the offshore banking system.

[Anonymous No.24148189]

>>24146721
>blockchain agnostic
it won't be tied to eth at all for long

[Anonymous No.24148231]

>>24146721
thanks just bought 300 more

[Anonymous No.24148278]

>>24148143
> The wealthy elite are allocating 90%+ to BTC&ETH
>The elite won't even touch these shitcoins. They are making their own.
Blatantly obvious lie as we've seen plenty of evidence the wealthy elite (like me) are allocating 90%+ to BTC&ETH and 0% to your obscure altcoins/tokens.

[Anonymous No.24148322]

>>24146721
.02 of $100k is $2k
>Noooo don't buy a $15 token that is going to $2k. Yikes!

[Anonymous No.24148326]

>>24146721
What useless shitcoin are you shilling, retard? Come on spit it out. We know you want to.

[Anonymous No.24148343]

>>24146721

[Anonymous No.24148378]

>>24148322
This but unironically.
You will get greater USD gains just holding ETH at this point, with far greater liquidity and less risk.

[Anonymous No.24148465]

>>24148378
Best case scenario is it bounces back up to a heavy rejection at 0.04 ETH and you can exit there, but I doubt even that will happen.

[Anonymous No.24148550]

>>24146721
1000 usd eoy. Never selling. GFY.

[Anonymous No.24148670]

>>24148550
LINK could hit $1000 eventually.
But BTC would be $1.5m and ETH $50k in that scenario.
You would have smaller gains compared to just holding BTC and/or ETH. With far greater risk and less liquidity.

[Anonymous No.24148751]

>>24148465
You have to be seriously warped to think a 100x is a bad hold. ETH will comfortably reach 5% on one BTC in the next bill run.
$100k BTC -- 5x
$5k ETH -- 10x
$2k LINK -- 100x

[Anonymous No.24148789]

>>24148751
Your price predictions imply LINK will flippen ETH.
That's never going to happen.

[Anonymous No.24148800]

>>24146721
>LINK will never flippen BTC or ETH
Is there even a point into saying that?

[Anonymous No.24148856]

>>24148751
0.047 ETH was the top.

LINK/USD might go to infinity as USD devalues. The LINK/USD chart is useful for TA, but when it comes to deciding % allocations in your portfolio, that chart is a red herring. You would be getting the same USD gains with lower risk holding ETH right now.

[Anonymous No.24149008]

>>24148856
$100k BTC -- 5x
$5k ETH -- 10x
$2k LINK -- 100x
Not flipped.
t. literal retard who doesn't understand percentage gains.

[Anonymous No.24149132]

>>24149008
$100k BTC × 21m BTC = $2.1T fully diluted MC
$5k ETH × 120m ETH = $600B fully diluted MC
$2k LINK × 1B LINK = $2T fully diluted MC

t. literal retard whose numbers imply LINK will flippen ETH
That's never going to happen.

[Anonymous No.24149339]

>>24147366
Every altcoin also bled 95% during 2018. Link made new highs. Kys tranny

[Anonymous No.24149380]

>>24149339
Yeah, and that run is over now. The peak was 0.047 ETH.
I doubt it ever hits 0.0017 BTC again either.

[Anonymous No.24149410]

>>24146721
>arbitrum enters the room
nothin personal kid

[Anonymous No.24149418]

>>24149132
.02 LINKBTC was your own estimate. .01 is more realistic in my opinion. Next year LINK will still only have 500M circulating supply, so:
$1k LINK x 500M = $500B circulating MC
Not flipped. Still made way more money than ETH or BTC.

[Anonymous No.24149446]

>>24146721
Cope

[Anonymous No.24149535]

>>24147020
Zoom out

[Anonymous No.24149561]

>>24147671
You think its my first week here poo?

[Anonymous No.24149612]

>>24149418
When you put it that way $100/link doesn’t seem that crazy, especially after more features are released

[Anonymous No.24149640]

>>24149418
Big money allocators look at fully diluted marketcaps. They account for the fact that the uncirculating supply will be dumped on you eventually.
0.02 BTC is the even more ridiculous scenario in which ETH flippens BTC and LINK is #3 right below BTC.
That's not going to happen either.
The run is over. It's similar to BNB when it did an insane run that peaked once it got too close to the ETH flippening price.
BNB reached 13% of ETH's fully diluted markecap. It will probably never go that high again.
LINK reached an astronomical 41.6% of ETH's fully diluted marketcap. It will definitely never go that high again.

[Anonymous No.24149728]

>>24149640
You’re really understating link’s use case

[Anonymous No.24149790]

>>24149640
What part of blockchain agnostic do you not understand, negro?

[Anonymous No.24149809]

>>24149339
You must have shitcoins, all alts are in green dildos

[Anonymous No.24149825]

>>24149728
I was comparing the price action and valuation to BNB's insane run. Obviously they are fundamentally different assets.
Look at XRP too. When the fully diluted marketcap flippened ETH and almost flippened BTC, it was heavily rejected.
Anything will be rejected hard if it comes close to flippening ETH or BTC, regardless of the fundamentals.
0.047 ETH was damn close for LINK and it will never go that high again.

[Anonymous No.24150015]

>>24149825
>I was comparing the price action and valuation to BNB's insane run. Obviously they are fundamentally different assets.
Arbitrary comparison, you even say it yourself
>Look at XRP too. When the fully diluted marketcap flippened ETH and almost flippened BTC, it was heavily rejected.
Arbitrary comparison
>Anything will be rejected hard if it comes close to flippening ETH or BTC, regardless of the fundamentals.
>regardless of fundamentals
I’m not sure, you’re basing this on the previous 5 years driven by speculation, eventually real world assets will be secured by blockchain, there’s a reality where link has its hands on a greater share of those assets than eth.

[Anonymous No.24150028]

>>24146721
Do you know how many times I’ve heard LINK will never do this or that? And it always does that thing. Every time. You are literally the same retard who was saying LINK will never be top 10 again when it went from 10 to 11. Look where we are now.

[Anonymous No.24150029]

>>24148189
The network is, the token isn't

[Anonymous No.24150172]

>>24150015
The only advantage to using a blockchain instead of a traditional database is if you need censorship resistance and anonymity.
People who don't care about censorship resistance and anonymity will continue trading in faster, more efficient centralized databases.

People who do care about censorship resistance will stick to holding the ultimate assets in that niche: BTC, ETH, and XMR.
Not some centralized token with inferior liquidity and a nonexistant market for trading it p2p for fiat/goods/servies.

[Anonymous No.24150329]

>>24149640
>Big money allocators look at fully diluted marketcaps. They account for the fact that the uncirculating supply will be dumped on you eventually.

all link tokens have to be shared across all the blockchains it integrates in to and there will be staking that will lock up the supply. the staking rewards will create a positive feedback loop to incentivize further staking, the combination of the aforementioned will cause an on-exchange liquidity crunch that will push the price higher than your retarded pea brain will think possible. 'total supply x current market price' is quite frankly a retarded way to *value* a token that is used purely for utility and is not a currency. no doubt when you finally understand this it'll be too late for you to buy in - have fun staying poor!

[Anonymous No.24150357]

>>24150172
See
>>24149728

[Anonymous No.24150406]

>>24150015
We already have an example of "real world assets secured by blockchain"
Gold tokens have existed on Ethereum for years. There's very little demand for them. People continue to hold/trade gold in centralized databases.

If you don't care about censorship resistance: you will continue holding your gold, real estate, stocks, bonds in centralized databases.
If you do care about censorship resistance, you will hold the crypto assets with the greatest censorship resistance: BTC, ETH, XMR.

Also look at FTX's new equity tokens. There's fuckall demand to hold/trade them onchain.

[Anonymous No.24150448]

>>24150406
Again see
>>24149728
You’re responses imply eth and link fill the same niche

[Anonymous No.24150473]

>>24150448
Whoops your*

[Anonymous No.24150556]

>>24149825
>>24150406
You're an eternal midwit. You think linearly and two-dimensionally. You bore me. All of us who bet on link early bet on its long-term potential because we understood the value of its fundamentals, it's non-comparable to any other asset, it involves long term paradigm shifts you're failing to include in your low IQ reasoning.

[Anonymous No.24150580]

>>24146721
>>24147020
>>24147366
>>24147507
>>24147848
>>24148106
>>24148170
>>24148278
>>24148378
>>24148465
>>24148670
>>24148789
>>24148856
>>24149132
>>24149380
>>24149640
>>24149825
>>24150172

[Anonymous No.24150735]

>>24150448
They do fill the same niche to some extent. The only non-speculative reason to hold a relatively large amount of any crypto is for censorship-resistant store-of-value.

BTC and ETH are the overwhelmingly dominante stores of value in terms of liquidity. There's no reason to store your value in any other crypto asset unless you're trying to make speculative gains on the BTC and ETH ratios.

LINK already topped out on the BTC and ETH ratios. It came too close to flippening. It will never go that high again and there's no reason to hold it anymore.

Staking and passive income are memes to trick bagholders. To trick them into holding altcoins/tokens instead of dumping for as much BTC and/or ETH as possible.

[Anonymous No.24150899]

>>24146721

Paul Lewis Griffin aka Kassiem K Griffin from the NYPD 1st Precinct is a child.l molesting pedophile.

[Anonymous No.24150974]

>>24150556
Correct
>>24150735
>The only non-speculative reason to hold a relatively large amount of any crypto is for censorship-resistant store-of-value
Then you don't understand LINK's usecase.
>Staking and passive income are memes to trick bagholders.
Yeah you really don't understand LINK's usecase.

Dumb thread

[Anonymous No.24151067]

>>24148670
The appeal of Link is in-part due to its proposed staking model allowing for passive income (which we're still waiting on), as well as its blockchain-agnostic nature (meaning that it could operate on fucking Cardano if-needed)

[Anonymous No.24151101]

>>24150974
I understand the market better than you do.
t. One of the best performing crypto traders ever with 8+ years in the game.

[Anonymous No.24151123]

>>24151101
D to doubt

[Anonymous No.24151166]

Agree to disagree. Please screenshot/save this thread and you can troll me if it ever goes above 0.047 ETH or 0.0017 BTC again.
Or more likely you will reflect back on it and think "that anon was right"

[Anonymous No.24151214]

>>24151123
Think about why I would be shilling BTC and ETH only instead of trying to sell you shitcoins, anon.
I already made it many times over. There's no reason to risk holding anything except for BTC and ETH once you are big enough. I'm in semi-retirement now with nothing better to do than shitpost on Reddit and biz.

[Anonymous No.24151263]

I'm out. Good day sirs.

[Anonymous No.24151266]

>>24151214
You are salty nolinker coping about missing the only coin that matters

[Anonymous No.24151313]

>>24151214
I realized a long time ago that you are a maxi, maxis can make money, but maxis are mostly midwits as demonstrated by your responses

[Anonymous No.24151404]

>>24147533
This isn't /pol/

[Anonymous No.24151441]

Serious question. Link is blockchain agnostic. At what point will they be developing on other blockchains?

[Anonymous No.24151458]

>>24151214
>post on Reddit
There it is.

[Anonymous No.24151494]

>>24151441
They don’t need to

[Anonymous No.24151521]

>>24151313
It's literally a mental disability at this point. Trying to argue with maxis is pointless. It's fascinating to watch, I hope we don't become like this too linkbros.

[Anonymous No.24151623]

>>24146721
What do you think will happen to the price of ETH when L2 solutions like Optimism and Arbitrum become ubiquitous?

[Anonymous No.24151937]

>>24151441
>Serious question. Link is blockchain agnostic. At what point will they be developing on other blockchains?
It's already integrated on multiple irrelevant public chains. Obviously the only public chain that matters is Ethereum and the next wave of adoption will be defined by the L2 race and the success of ETH2, with Polkadot being the closest competition in terms of network effect and tech maturity right now, obviously still far behind but next year could be the year where competition starts to accelerate, and LINK would also be at the center of this war.

But there are private chains like Hyperledger as well. BSN and Oracle integrations are only the beginning of what's to come.
https://blog.chain.link/irisnet-receives-grant-to-natively-integrate-chainlink-on-bsn/

[Anonymous No.24152395]

>>24146721
Too bad I only need a 1.5x to make it.
I will take my chances with link.
Go suck vitaliks cock nigger kike.

[Anonymous No.24152503]

>>24147020
Honestly op you're such a retard