Why are people blind, user? Chainlink is huge..
People not having a look at this
Ssshhh , just have sex Sir.
No it isn't. ChainLink is a shitcoin scam.
sidejams might moon but links are still going to be a stablecoin its amazing how so few people read the whitepaper
Point to where in the whitepaper it says anything about a target price. If you cannot, your post will be translated to “$1000 EOY”.
The price will stabilise at 1keoy
>f you cannot, your post will be translated to “$1000 EOY”.
Smart contract this.
>one thousand USD for an API call
>inb4 muh 18 decimals
The only usable LINK price would be around $0.00000000001. You have no experience or knowledge with computers or anything that deals with API calls. Faggot.
>Good hard look for a side project
>Enterprise adoption
No user. This isnt 2017. Show me use and adoption
>sidejam
>Sideproject
user... I...
This board used to be better :(
Reading comprehension of a 7 year old Sudanese.
>Show me use and adoption
>Bitcoin in 2010
>"WTF, you can't even buy a pizza with it! Show me use and adoption!"
Exactly. 9 years ago, took until 2013 before people took it seriously.
Some guy who couldn't hack IBN because "muh blockchain. Is dah future" speculatively assessing maybe using chainlink.
No not good enough. This would be fine pre mainnet. Not now. It's based on use and adoption. Go shill your fetch and 1k link stacks somewhere else
One day chain link crypto currency coin will be 10 000 United States american dollars
Some things to consider that could peg it as a stablecoin:
>buy link to stake to guarantee accuracy and incentivize businesses
>more businesses begin to test out the network, need to buy link tokens
>increased demand = increased price
>increased price means node operators need to stake less link to guarantee same USD value
>they sell link they don't need to guarantee USD value
> price goes down
>now need more link to guarantee USD value
>node operators buy more
>price goes up
>now need less link
>price goes down
eventually this reaches a quasi-equilibrium where the free market determines the price
This does not take into account:
1. Node operators not selling, but hoarding their link which is going to happen we just don't know what percentage. And with steady revenue coming in there's really little reason for them to sell.
2. Increased network usage because obviously we cannot count on growth forever. Eventually it will stagnate
3. Link price when all is said and done and it reaches its ~equilibrium. If it really gains traction, and node operators are keeping their tokens to generate revenue, then we have competition for scarce resource which will drive up the price. At this point the price would depend on the greed/need of the node operators because they will obviously selloff if the price is high enough.
>rent free
T. No Pants
1000 sats by eoy
screencap this.
My grandmum used to say 'If ifs and buts were soup and nuts, the world would never be hungry"
Sergey owns 650 million LINK tokens. He's going to hand them out for 0.02% of their market value. He owns 65% of the supply you dumb fuck. You're never, ever going to touch $3 USD.
The same argument could have been made for 1.50 you fucking neet. 3 is only it's double.
thanks dunning kruger, but sorry I don't take advice from subhuman niggers
Yeah you're right, I guess we should stop studying economics to better understand it. And if all hypotheticals are a waste of time, I guess we have to stop improving our understanding of science too. Seems kind of not worth it, but your grandmother used to say it so we have to treat is like it's valid and has meaning.