>$1000 EOY
they can literally cut the price in HALF or in a THIRD anytime they want
>$1000 EOY
they can literally cut the price in HALF or in a THIRD anytime they want
That's not how it works. Also, that's already priced in
Doesn't Sergey own the 2 thirds of the supply that aren't circulating? Sounds like an exit scam waiting to happen. Deluded linkies don't care though. They're like cultists. You'll never get through to them. Only when the exit scam happens and the world is crashing around them will they wake up.
that IS how it works, deluded linkie
170,517,758/
350,000,000=.487193
170,517,758/
1,000,000,000=.17051
oh no no no no!
linkies won't respond cause they CANT
Priced in.
no it's not
omega yikes
damn, you really know your shit user. thanks for looking out for my financial well being, it's nice to know that not everyone on this board is out to make a quick buck off his fellow man, this image board is nothing but crabs in a bucket
the math is right in front of you
what does 170,517,758/350,000,000 equal? now increase the circulating supply
retard, they can increase the circulating supply and the price isnt going to magically drop instantly from 48 to 17 cents. it will just increase the marketcap from 170m to 487m. now if those newly circulating coins started getting sold on the market, it would drive down the price
Inflation doesn't work like you said
yeah but is the FED registered at an address in the Cayman Islands?
kek'd
it literally says on the chainlink website
>address: cayman islands
A year from now, Sergey will be sipping mai tais on a beach somewhere and a thousand autismos will have lost their money and minds.
>it will just increase the marketcap from 170m to 487m
>it will just increase the marketcap from 170m to 487m.
there are idiots, there are retards, and then there's you my friend.
You know posting with avatars is a bannable offense? Marketcap is just circulating supply times price. That's all it is. It's a fucking meme. People trade based on PRICE, which changes the marketcap. If the circulating supply is instantly doubled, exchanges don't just have a magic button that halves the price. Of course it will drop, but only becuase people start buying and selling at a lower price, but the market cap would initially double.
Go ahead and read up on how those uncirculating tokens will be used before you sperg out some more
But he's right you retards. If some tokens are released and said tokens don't get bought or sold, price doesn't move and the marketcap increases.
I've held through $0.17 before, and I'll do it again.
That's a risk i'm willing to take. Investing in anything is just weighing pros and cons. I believe the Chainlink pros outweigh the risks.
>believing in market cap
>being this new
>be smartcontract.com team members
>have 99% of our personal net worth in Chainlink tokens
>Dump the entire supply on the market tanking the price to zero because "IDK lol"
dam u dumb
>someone makes 3x of your ultra rare beanie baby
>no extra demand for it
>"yeah dude im good it'll stay the same"
marketcap = demand
circulating supply = supply
basic econ
At some point they will release supply, but you can bet your ass it won't happen until there is demand for it. You think Swift, who most likely owns a huge portion of it is going to give away a huge amount of money? If you do, you are a brainlet.
no, they can cut the price to 0
This is inherently wrong with Crypto scams.
These big companies, which already have more than enough money, will get Chainlink for free. Absolutely free. Just an email to Sergey or smartcontracts.com is enough "Give us some of your tokens, we want to test it out" and 200,000 LINKs are on the way.
All the while stupid poorfags like you put half of their lifesavings to this shit only to get Rekt later on.
Classic pyramid ponzi scheme, but now with a twist: no risks for any companies involved, only possibilities.
Hello newfag. You need to lurk more
The non-circulating supply has been priced in since the beginning.
The day Swift will do that the price will X100. Before they move a single token.
That is the Holy Grail user, not a black hole.
>You know posting with avatars is a bannable offense?
Absolutely just’Ed. Top kek user
That's not how supply and demand works.
Learn what market cap is.
Pro athletes get their shoes for free too, are you saying they're degrading Nike's bottom line?
>He thinks they will get them for free...
Everything that has value costs something. Sergey is smart. The only way anyone would get free or lower priced tokens is if they agree to lock them up in a node for a few years which will help propel the network.
this. I hope
The Dunning-Kruger effect on display gentlemen.
please be baiting
No it's not, not even close. If you start selling in the tens of million dollar range, there's no buy orders for that vloume and it woild go to zero
And from the non-circ supply is added to the circ supply, that doesn't affect the price in of utself
This, holy fucking kek.
Imagine being this retarded
is this true?