Chainlink 10$ EOY

prove wrong faggots
atleast try

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you missed 2 decimal places
>inb4 0.01

*deep breath*

I-I'm in this long term, for the t-tech

For it to reach $10, it would have to pump to over $20 in a very parabolic way and then settle to $10. Do you really think there is going to be billions of dollars pumped into ChainLink? If so, why? There aren't many useful smart contracts out there and they have proved to be a costly headache for the most part. What is going to cause people to speculate billions of dollars into an oracle network?

>decimal place
>expecting a linkfag to understand basic arithmetical terminology
user, (you)...

A) Why would a lay investor spend $10 for a ChainLink token? There is no real way to value these tokens and any potential use is HIGHLY speculative. No one has really even developed ideas for how to use smart contracts in useful ways.

B) If you think some sort of large companies like Salesforce is going to use Ethereum Smart Contracts, why would they spend $10 for ChainLink tokens? How does that investment in these $10 tokens help their company succeed?

Do you think people are just going to mindlessly buy these tokens like most of the people at Biz have?

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!

THIS SHIT IS GOING TO REACH $1,000 EASILY!
HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

you are so stupid its not worth answering. link doesnt need retail consumers to buy anything. and yes these businesses will use link to remove half of their back office employees, while also fucking raking cash from staking their linkies. you stupid mother fucker. no where in all of this does anyone need to buy link except the corporations

You are a MANIAC!

I still think that is low once derivatives and insurance are on board. We don't know what kind of guarantees they will find satisfactory for the network to be usable. Remember, LINK is the collateral/insurance in the event your node gives incorrect data. When your entire industry relies on of transmission of correct data to trades values in the billions or trillions of fiat currency, they will require a risk free transaction or one backed up by an equivalent. Couple that with staking removing LINK from circulation and only a billion can ever exist. 650 million to be distributed among mid and large cap instituions to kick start the network and turn what used to be various forms of adminstrative costs into new streams of profit. It all depends on a successful launch out of the gate with use on day one probably. Derivates and Insurance by EOY it would appear.

doesnt sold oracle problem
no one will put real money onto a experiment
literally 10 cents eoy (50 cents 2 days after mainnet)
cope

It's easy to say a bunch of nonsense like this, but you have to live in reality. Several years ago, people said Bitcoin is going to replace fiat and that Ethereum is going to tokenize everything. The entire derivatives and insurance markets aren't going to have their value somehow represented in Chainlink tokens. There may be some utility here and there, but that's just not how the world works. It's so tiring trying to have a discussion with linkies because they get so irate when anyone tries to be realistic.

honestly $10 could happen.. most likely imo $2.39,, with link network up and some nodes running chainlink and fulfilling requests.

Checked

Look at the antshares/neo graph, $10 will be a correction

The idea that a large portion of derivatives are going to be executed using ChainLink any time soon is just such wishful thinking. Do you understand anything about derivatives or insurance, or are you just parroting info constantly said here?

>BTC is now 8000
>ETH is now 250

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Based on zero utility and the biggest speculative pump since the dot com bubble...

And they've bled out over 50% from their ATH...

If you're making the argument that there is going to be another huge pump based on ignorance and false hype...that's a different argument

It will take time to grow for sure. You are also attacking the character of people and not the topic at hand, I don't believe I'm being irate anyway. When I say LINK is collateral it has nothing to do with actually tokenizing an asset.

I'm talking about the staked LINK on nodes that is used as a penalty payment MUST be sufficient insurance for values that finance and insurance frequently work with, in the hundreds of billions. They will require, in the event of wrong data and a invalid trasfer of funds, they will be guaranteed reimbursment in the form of staked LINK.

>zero utility
sorry didn't realize you were part of the dev team, thanks just sold all

user I appreciate the devil advocate approach, but we've gone through this more times than I can remember so I'm not wasting my time again today.

Couple of points for you, that's it:
>The adoption landscape is a different beast to what ETH and BTC went through
>Companies don't care what they pay, they'll pay whatever market price is necessary for the oracle data they'll be dependant on for their business

Take a step back from all the bullshit on biz and stop being a brainlet, if you can't see this sitting within top 10, possibly 5, by the end of the year, you can't see value.

In 3-5 years this will be sitting near side by side with ETH

>1. ETH
>2. LINK
>3. BTC

I didn't mean you were irate, I meant the other guy, sorry.

I just don't really understand how people think smart contracts are going to VASTLY simplify the process of insurance or derivatives. A large portion of it is already automated and I don't see smart contracts offering any real dramatic effects. Any example I see is clearly not a real world example (i.e. a farmer automatically getting paid due to weather conditions). These types of very simple insurance agreements don't exist and large scale insurance contracts are complex and require some degrees of professional subjectivity.

Another popular stupid example is being refunded if your flight is cancelled. Who exactly benefits from this use case? If your flight is cancelled, you want to be put on another flight, not to have to check to see if you have been refunded and start from scratch in trying to figure out how to buy a new ticket (especially if all the flights are triple the price of when you bought your ticket).

I also cannot think of any derivative examples where smart contracts offer some sort of huge improvement that companies would be dying to get their hands on.

Good story but it will be btc link eth . Link might even take the top spot in the future. It's going to launch on almost every block chain u inbreds. Link is the fucking Oracle standard to make all of crypto work . If your not accumulating up to 5$ ur a fuckin idiot

Can everyone fudding in this thread just buy back in already? Or at least let me know what your target is? Thx & 1k EOY

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BTC and ETH's current values aren't based on anything except for "name recognition" and having been shilled to people as some sort of revolutionary/world changing tech that is going to explode in value.

Do you think ChainLink is going to be shilled in a similar fashion?

>BTC and ETH's current values aren't based on anything except for "name recognition" and having been shilled to people as some sort of revolutionary/world changing tech that is going to explode in value.
>Do you think ChainLink is going to be shilled in a similar fashion?

serious question, is this your first time on Jow Forums ???

that's literally what LINK is shilled to people as.

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>the biggest speculative pump since the dot com bubble...

Dot com bubble peak was $5 trillion.
Crypto 2017 bubble peak was $800 billions.

Not going to mention that crypto market cap works complely differently than stocks, so there were a lot less money invested than total $800 B.

But you know what are you talking about, right ?

The farming thing is true though. we take out insurance contracts against weather that influences crop growth. filing the claim is a bitch and they want you to have multiple independent weather stations near the farm send in a report and half of them are lazy as shit and it takes forever.

> t. Industrial farm accountant

Eric Holder lied and Paul Walker died.

Vin Diesel paid Eric Holder to assassinate Paul Walker to cover up his protein smuggling operation in Mexico known as Fast and Furious.

What is your point? I said “the biggest speculative pump since...”

Market caps can’t “work differently,” it’s a simple formula. What was your point in making this response?

Because you are trying to sound like you know something but you know shit. Comparing totally different markets.
It doesnt need billions of dollars pumped into ChainLink to go to the marketcap of billions. And yeah, it can go to $20 and settle at $10, then to $100 and settle at $50 without billions flowing in, just like almost every other scam and chink crypto did during the last bullrun.

Bitcoin went from 10 cents to 10 dollars, then from 10 dollars to 100 dollars, then to 1000 and then to 20000... At every point in any BTC pump there were wise idiots like you claiming they know everything and that it wont go higher because it will never be a world currency, well, its still not years after, but its 100x of its price.

Noone is saying Chainlink will be used on every derivate settlement in the world, we need an actual usecases and support from big enterprises (Which are publicing blockchain/smartcontracts researches on monthly bases predicting huge usecases and a lot of potential savings due to automatization).

Stop trying to sound like you are above everyone because you are clueless just like everybody here. If there is any enterprise alliance just like there was with ethereum in 2017 we are going in the same path ETH went 2 years ago. I would bet you were fuding ETH back then, when it went from 1dollar to 50 in a couple of months just to get justed and watch it moon from 50 to 300 then to 800 and then to 1300.

It can go to 0 it can stay stable at 1 it can go to 10 it can go to 100 it can go to 1000. Noone knows where this technology is aiming but we all know chainlink has good fundamentals and we are already at 200-300% profits.

God I can’t wait for 90% of the LINK supply to be locked up in nodes and contracts and ANYONE with ANY liquid LINK will be a literal fucking king holding a priceless commodity.

It’s going to be incredible for those of us with Iron hands and wills.

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>2 decimal
A-are you retarded user?

i have 65 links, so i will have only 65 yellow lambos
sad

Good work user. But listen, lowercase the y in "you" so it looks more authentic

Derivatives are a 1.2 quadrillion dollar space. Even if link only manages to represent .5% of that space through cost savings... user you do the math.

use case is endless.

Think auto charging parking spaces depending on the amount of time you were in the space. Shit like that were everything is automated..

You seem rather emotional user

Not an argument

>Stop trying to sound like you are above everyone
He made an argument why are you sperging out? Have so much invested you cant perceive it possibly failing?

...That's more than 2

what he provided wasn't really an argument either, to be fair.

Yeah he made a couple of stupid arguments and wanted to hear my point, this post was not aimed for you so please move on. Thank you.
btw, no, have not much invested and i dont care if it fails or not. Its everything or nothing.

so you saying if chainlink fails like BTC and ETH we are still going to reach 20k and how ever far up ETH went up to? holy shit SIGN ME UP, their value isnt represented in link tokens idiot, they monetise thier APIs fucktard

>Not posting the original Delphi version.
Pleb.