We all agree that LINK is the best oracle. Better than Mobius, Witnet, Oraclize, Aeternity and any shitty prediction market. So LINK should be ahead of all of them on cmc. What’s this? Augur BTFO? Of course. Aeternity at position #30 is next. Then LINK will be the top oracle on cmc & worth $0.76 at the same macap as Aeternity. This is just a given, guaranteed ~x2 from here. No serious financial markets are gonna use the Aeternity mobile app. That’s why the #30 position is guaranteed. Next, at position #20 we will be at $1.64 and at that point accumulation of huge stacks will be out of the question for most anons. Fortunately it is unlikely that LINK will overtake Aeternity before mainnet simply because Aeternity isn’t vapourware.
It might hurt to buy high after buying for mere cents, but at $1 per LINK, every $100 invested will become $10,000. Once link reaches the top #3, which is the next guaranteed step, overtaking XRP, each token will be $48. This will happen when LINK reaches the same level of maturity as XRP (2-5 years from now).
Under $1 is the time to build insanely large stacks, guys. You have to think of your LINK stack as if it were an ETH stack. If you could go back in time and buy ETH at $1, would you? Would you buy ETH at $10? $20? Buying link at $10 means you can get a x5 when Link overtakes the current mcap of Ripple, which is nice, but won’t bring you enough money for eternal NEETdom. That’s why $1 is my cut off point for serious accumulation.
So when will you stop accumulating? $1, or more? Or are you happy with your current stack? I’m hoping we still have at least 6 months under $1, but maybe mainnet will drop soon. I’ve got around 16k, I think 20k would make me happy and 25k ecstatic.
Just some thoughts, friends. I’d like to hear your perspective.
Thoughts: Too much writing, your thoughts are all over the place
Recommendations: Instead say "$1000 EOY" for more replies - digits help
Jacob Jones
This. Just buy as much as you can until then
Ian Russell
This. Case in point, these digits.
Charles Taylor
I think you should be calm. It was a really eventful month for LINK but markets behave like markets behave. The temporary hype will die down slowly and people will take some profits. We will see a natural retracement from now to lower levels, if BTC shits the bed we can see a -20% in a day on LINK just like after one of the events in linktober (I forgot). Keep calm, rn is literally buying high. We still have at least one decent dip to buy, mainnet probably isn't happening in 2018 or at the absolute earliest in late December.
Chase Harris
I'm thinking there isn't anything else planned for Sergey right now, am I correct? If there are even more conferences, better buy now.
Caleb Hall
Don't buy LINK, it's going to dump
Jacob Parker
there was something in november, 2 more i think
Cameron Torres
Disagree, more and more visibility on Link will continue and it is climbing the ranks in cmc. Web3 changed everything, new ballgame is underway.
Carter Perez
Have some btc on the sidelines praying for a dump in November once all these events are over with. Everyone knew October and early November were gonna be big with all the events Sergey had going on. Hoping the hype dies down in a few weeks
Cameron Peterson
thats what you guys said at 5k sats. and at 6k sats. sure the current price might retrace a bit, but the mission has already begun
I have 500 spare euros... It's not much to many but a lot to me. I hold the mandatory stack of 10k but would like to have some thousand spare LINK that I can sell early so I don't lose my mind. I think I'll average into it, buying some in 3-4 days, buy some BTC and hold the rest of the euros on coinbase waiting for a random BTC bart alts wipe out
Chase Walker
I will stop at 5$.
Ayden Lewis
But it will dump. It will dump very hard before the real moon mission. I will dump all the way from $60 to $10 in the coming month. And then the real pump begins.
Evan Gutierrez
In the Ocean meetup video he said other partners were going to annouce they are using chainlink so Im not sure about risking too much.
Refer to Drunk Anons recent posts.
Cameron Allen
There's one in the middle of November. It is highly speculated that main net will be announce there.
He will be speaking at Ethereum Devcon4 on the second.
Henry Wood
Pretty good user. Remember supply wise LINK is 10x that of ETH. LINK is already essentially buying ETH at $4.50 a token. Pretty damn good still though. $1 LINK will be just like $10 ETH. We will be stuck around that price for a year, and then the LINK coalition will come out with hundreds of top companies just like the EEA did and the singularity will begin. This will likely start happening this time next year. 2020 for LINK will be like 2017 for ETH.
John Kelly
some part of the supply will be locked in nodes
Brody Moore
>Remember supply wise LINK is 10x that of ETH. LINK is already essentially buying ETH at $4.50 a token. That assumes that the projects will behave exactly the same though, with the same hype, also assuming that the market is in the same conditions as it was back then. I think link has more potential that eth and will reach a higher market cap if all goes to plan.
Curious what percentages of link holders' portfolios are in chainlink. I know everyone's going to meme that they're all in, but different lifestyles require different risk tolerances. For example if I was a neet with nothing to lose, I'd be all in too, but as a working consultant with a decent amount of assets, I cant be quite as ballsy. That being said, a little over half of my crypto portfolio is in link, with the rest being mostly eth, plus some monero and a couple shitcoins sprinkled in. I'm also sitting on a decent amount of stocks and cash. Do any link holders still hold something "safe" like eth, and sit on cash for dip buying?
Parker Turner
I'm all in but only have 5.5k gonna put 1k usd next paycheck
Juan Smith
Chainlink Top 500 Wallet Report 19-09 to 25-10 $LINK
Top 500 token holders total increased by 7.5 million tokens.
35 dropped out of the top 500 with 4,3 million combined.
35 new top 500 token holders with 13,3 million combined.
9.5 million less tokens on the exchanges.
Wyatt Powell
I know I'll do what makes the most sense once we know a little more than fuckall about the tokenomics. Planning now is stupid.
Caleb Gomez
your prices are all brainlet tier because in a year when link is top 10, bitcoin is gonna be between 15-80k, and market caps all around will be increased by the according multiple. Basically your "analysis" is useless and baseless speculation
Austin Phillips
Unironically all in. Either going to break me or change my life forever. Don't even care anymore.
Colton Adams
I was there when it all went down. the Oraclize guy started it when he straight-up called Chainlink an "utter shitcoin" out of the blue halfway through his presentation (which he stuttered and stammered the whole way through), though I've heard arguments that Sergey was provoking it by mispronouncing Oraclize as "Oraclefries". I guess that Sergey had been working out a bit, because when he stood up and took off his shirt, he looked intimidating(!) enough to make the Oraclize guy, who is pretty gangly, back down and apologize immediately. Afterwards, someone in the front of the audience remarked that Sergey looked like a "fat toddler"; when Sergey heard him, he quickly turned his entire body around to face them, and the whole auditorium continued to rocked back and forth even for a few seconds afterwards. Anyway, one of the ceiling lights fell down on the Oraclize guy's foot, and a few people made a big deal out of it. The important thing is that Sergey didn't do anything wrong, and most people know it.
26, commission only but average 11,000 month income and on an uptrend. I’m literally 100% ChainLink and that’s about 70% of my wealth. I climbed out of debt end of last year, I’ve got 5 figures liquid and then a very solid stack of link in the top 600 wallets.
I also work in a fast growing industry (cannabis) and was one of the first 15 employees at my company (about 100 now) and we are track to go public in the next 18 months.
Since I’m single with no kids, and my car + insurance is about $500, my apartment is only 800 a month (rented a 3br and subleased the other 2 to subsidize my cost) I’m very comfortable in sinking most of my wealth into this project. By EOY I’ll probably be done accumulating but time will tell.
