For every 1 BTC there are 48 LINK. 21 million versus 1 billion

yeah i dunno what this means.
i'm not here to argue with you lot, i'm merely pointing out the enormous flaw which none of you seem to understand.
it doesn't matter what they're used for, the value is calculated by the supply

BTC is thousands of times more liquid than LINK, and even its calculated market cap is a poor reflection of how much money has been poured into it. JP morgan estimated that less than 10$ billion had been collectively put into crypto even when the market cap was north of 500b.

We use supply * last traded price because it's the best metric there is, and it works in more liquid markets. But you are fucking delusional if you think 150m USD could be extracted from LINK. Less than 10m would bring it to zero.

Given that Sergey is projected to be the first trillionare, this have to mean Chainlink will have an even higher marketcap.

LINK isnt a worthless “hold of value” coin that does nothing.

A large portion of LINK will be tied up in nodes, not circulating at all, its possible LINK will actually be more scarce than BTC under full adoption.

Brainlets.

>value is calculated by the supply

There is not enough pixelated drool in every brainlet wojak meme ever created combined to properly illustrate how much downs syndrome you have.

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OP what do you think Link is for?

Do you understand what collateral is?

Shut the fuck up and get saged. Sick and tired of seeing this blatant memecoin everywhere

>link isn't worthless
>calls others brainlets

Top kek it's 100% a worthless shitcoin you faggot

found the swinglinker

tell us what you own faggot

oh yeah? well... you're a... you're a...

see? ad hominem means nothing. i'm merely pointing out what in 2014 Jow Forums would have immediately noticed, but to which nubiz seems totally oblivious. idgaf if you buy or not, because XMR, a legitimately awesome coin, bought me a house.

when/how did this cult form? LINK isn't gonna make anyone rich. it's gonna make 1 person 10 mill, then die.

you're bad at fudding, no one actually shits around here from 2014 and if you did then post wallet tx screenshots you absolute cuckboi, have fun trying to swing your 100 links up while the rest of us actually do buy houses with our gains

>post wallet tx screenshots
no i'm legit not trying to FUD. pics is what bought me a house. here's my LTC wallet...
live.blockcypher.com/ltc/address/LNWGX4d4BPkDCXf5YaJDRKQ8Yj6Qod6TvK/
and i had 650BTC in 2011.
is amDOGE here? she'll recognise me.

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even sadder knowing you're a complete retard

ok user. well, you have fun then. not like i give a shit what you do, but i feel sorry for people who think LINK is gonna make them rich.

Post a single credible thought to illustrate that you know what you're talking about, because you don't

i have, haven't i? i've illustrated how the coin supply is so saturated that value will never be anything like the insane amounts everyone here seems to be waiting for.
dude i'm getting bored with this, i truly don't care, but buying into a coin whose supply is a billion, expecting anything more than maybe a dollar per coin? it's not happening. i mean look at XRP, top 3 market cap and because of the supply, its value is like 30 cents.

way to ignore my post retard

sorry but the salty rage of this cult is rather abrasive. i'll leave you to... whatever the hell it is you think you're waiting for.

...i would like to hear approximately what that is though before i go. gimme your predictions?

XRP made it to over 3 dollars and is complete shite

>what is an undiscovered market
You seem to misunderstand what exactly smart contracts and oracles do.

It's a total fucking shitcoin, literally no one is ever going to use it

You can get an approximation of my dick in your hand if you promise to stroke it vigorously

oooo, buuurrrnn! yeah guess i was wrong after all.
have fun user.

What were you arguing about? Didn't read the thread

Your grasp of irony and mastery of memes is truly wizard like!

Jk lol

A meme idea that will never happen because the US court system exists and big companies are forced to pay on real paper contracts with real money.

Yeah, you don’t understand the scope of this at all, KEK. Stay poor.

Not an argument. Stay retarded

then why is it already happening?

MARKET CAP MEMEING IS 2018, user. GET WITH THE TIMES.

name one company that's using this?

Everybody is using it.
...
Are we talking about your asshole?

You just don't get it, do you? The entire crypto market hasn't even reached 1% of its economic potential yet.

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Wow user nothing gets past you.

But what if linkies already knew this, and instead of giving 1-2 stupid examples like you did, had a chart showing possible link prices under different rank/mcap scenarios?

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What was btcs mcap during the 2017 run? How about eth? How about the other shitcoins like xrp and trx? Bitconnect?

Ps This is outdated but I’m phoneposting, someone post an updated version if you have it

jesus fucking christ so that is why you faggots keep sperging out about muh derivatives

we are unironically going to be rich as fuck if sergey pulls this off

hi newfag us congressional hearing guy from 2017 predicted crypto total mcap would reach 19t basing it off the mcap of cell phones

>no one actually here from 2014

i am here since 2012. didnt make it. sold btc,eth,xmr for 2x

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That's worse than losing money.

What does btc actually achieve? Ah nice. What does link actually achieve (assuming they're meet their goals)? Wow.

Link @ $500 would still have a lower market cap than Apple, Amazon or Facebook.
Can the network that empowers the global smart contract powered economy be worth as much as one large tech company?
Yes, it can even be worth more than these three companies combined. $1k is fud.

how new r u

not to mention we'll prob hit 20-25t

How have you not killed yourself yet

>crypto will never have a larger marketcap ever no sir

Market cap is bullshit, it's worth what the most recent person is willing to pay for it, which is 1k EOY

LINK will EASILY be worth a trillion eoy!

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LMAO

does link have thousands of employers like example, facvebook does? does link have even 100 workers?

fucking delusional linktards holdin russian scammer shit. sergey has history of pump and dump scamcoins.

go and buy ripple its lightyears closer to 1T marketcap than link ever.

Your vision falls short, you only see that which lies in front of you. You are limiting yourself to that which already is, instead of that which will be.
Look forward now, so you wont be looking back later,

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same here fren 2012 gang, just about ready to kms

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Fuxk you pay me

>muh derivatives

It's the strongest reason for holding this shit. Smart contract calls and puts are genius. All parameters of the call/put can be written as code into the contract, and expedite it's creation and delivery.

SELL 10 CALL ABC $100 05/30/2019 LIMIT $10,000 AON

1 smart contract setting a sale of 10 calls for $10,000, all or none. 1000 ABC used as collateral to satisfy condition of the call smart contact.

Someone buy's with $10,000 cash, swap executes, seller has $10k, buyer has 10 calls instantly.

ABC goes above strike price, buyer executes 5 calls in the form of 5 smart contacts. Buyer puts $5k forward, terms of execution satisfied, buyer receives 500 shares ABC, seller receives $5k, instantly.

ABC goes below strike price, 5/30/2019 arrives, expiration terms satisfied, contact expires worthless instantly.

It's just moving numbers around between ownerships. Nothing more. That's why it can be fully automated. And that's why smart contracts are revolutionary.

You're right. Just disregard link entirely. Stop making trash tier posts about it too.

Thanks and cya.