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/biz/ - Business & Finance

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8978122 No.8978122 [Reply] [Original]

Here's some LINK FUD.

Can anyone debunk this?
How would it ever reach $1000 EOY?

>> No.8978152

>marketcap is a meme, but let me play by your meme
chainlink is blockchain agnostic, meaning that it will be plugged on any blockchain project, therefore sucking in a % of their market cap.

if you are a chainlink marine, you know pretty well that chainlink, is much much better than ripple.

also consider the fact that the total marketcap of the whole blockchain world, will of course grow by EOY; it could double triple or be multiplied by a factor of 10 or 100, this is a fact, just check the growth of the blockchain tech since 2014. ANYWAYS,
let's assume that right now, chainlink has the marketcap of ripple :

RIPPLE MARKETCAP : $26 399 983 799 USD
CHAINLINK SUPPLY : 350 000 000 LINK

$26 399 983 799 / 350 000 000 = 75.4$ / LINK

so basically if chainlink had the current mcap of ripple it would be worth 75.4$.


NOW, let's assume when mainnet is released 60% of links will be staked on nodes :

350 000 000 * 0.4 = 140 000 000

meaning that we will have once mainnet is released a supply of 140 000 000 links, that will be either held in wallets, or traded on exchanges:

$26 399 983 799 / 140 000 000 = 188.57$ / LINK

so if mainnet is released and chainlink has the current mcap of ripple, then 1Link = 188.57$ / LINK


ADD IN FOMO from nolinkers and a speculation buble, and we can easily reach 300 - 400 $

now consider the fact that chainlink will also absorb paet of the mcap of ALL blockchains that it will be plugged to (a fee would be taken to maintain the smart contact, more cash for chainlink resulting in the price of chainlink going up) and here you have it: a steafy rise to 1000$ CHAINLINK and beyond

no matter how many linkies you hodl we will all make it. its just a matter of time. those with alot of linkies will sell early. those with fewer linkies will just stake their links while waiting for a higher price

>> No.8978169
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8978169

>market cap

>> No.8978175

jesus christ im going to be rich

>> No.8978205

>>8978122
its easily to debunk. it assumes similar distribution of mcap in the top 78 no matter how big the market is. that makes no sense. link, if it goes as expect, it will grow exponentially something the other shitcoins won't.

>> No.8978294

It's not hard to imagine crypto being 10+ trillion in the next few years, and given the nature of the project (connecting real world data to blockchains) its easy to imagine it among the top 5 most valuable projects in crypto. There's your answer, it was actually quite easy.

>> No.8978317

>>8978122
Running a node will be pretty profitable.
Who cares what the token price is anymore.

>> No.8978378

>>8978152
didnt disprove anything

>> No.8978383

>>8978122
Lots of LINK FUD today. You're getting scared.

>> No.8978391

>>8978205
>le link is special
>le link will beat eth and btc

lmao

>> No.8978402

You didn't actually fall for the $1000EOY meme did you?

I'm hoping for $10 lol.

>> No.8978533

>>8978122

This is fucking retarded, makes no sense from an analytic sense.