Question to link holders

Question to link holders

Im not denying that chainlink is good, but why not just buy ethereum instead? Given that chainlink over 2.5% of the price of ethereal is impossible and we are close to that already.

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link has more room to grow than eth... eth normie rush already happened not so long ago in 2017... ETH has more than 50 million wallets, link only has 125k addresses...links product isnt ready yet so we will get more releases and therefore more usecases coming out... chainlink solves the connectivity problem of the blockchain, so it will undeniably raise in value... chainlink team always delivers (ACTUALLY DELIVERS) some new game changing features out of the blue like VRF, threshold sigs, mixicles, price feeds references...

i think link market share (dominance) will go between 10 and 13% check this chart for price depending on link dominance

Attached: Chainlink_dominance.png (1570x1083, 293.84K)

This is not a good way to think of the valuation of chainlink. The correct way is to think of how much application chainlink could potentially have in the future, how much income that translates to and what kind of multiple chainlink should trade on.

Example: maybe you think in 10 years there will be 1 billion dollars of annual profit attributable to all chainlink in existence through nodes. With 1 billion total supply, that’s one dollar per chainlink per year. Given that chainlink is new, cutting edge technology it should trade on a pretty high multiple, day 40-100x earnings. Therefore that brings us to a price of 40-100$. Just an example.

Thinking, well maybe crypto in general will moon to some arbitrary number and chainlink itself will be some arbitrary percent of the total market cap therefore chainlink will be x is not a useful way to think about it.

>somebody wasted time making this, and fags jerk off to it
Past column 3 and below row 3 is weapons grade delusion

It's going to $10k. You can understand that ahead of time, or you can realise it when it happens. Up to you.

370$

Don’t get me wrong I’m bullish on chainlink but that’s because I believe it could see wide scale adoption and due to partnerships with large companies. I believe that a lot of profit will be attributable to chainlink holders due to nodes and that chainlink will trade on a multiple of this profit to reflect this. A price that is based on economics and valuation rather than arbitrary crypto will be x and chainlink will be y%

The transactional value passing through the Chainlink network will be a non-negligible percentage of total global commerce.

betting on a market share chainlink could have is actually very rational. even banks asks for a business plan with market share predictions.

Yes, so base your estimate of chainlink valuation on that rather than the stupid chart that was posted above.

>An open source utility token, that nobody uses, is going flip bitcoin.
This is why you're poor.

>Increases market share by 0.3%
>'weapons grade delusional'

user, I...

There will be a premium higher than $1 per share based on your valuation metric because staking will drastically reduce the real circulating supply as well. It could honestly be closer to only 100 million incredibly quickly imo.

have you thought about wrapped links?
not only links will be locked in staking, but links will also be locked in ETH smart contracts to be wrapped and ported to other blockchains. those links cant be sent to exchanges

Market share of what? Retards hoarding an unused and unusable utility token and swinging back and forth with each other doesn't represent a percentage of real world usage. This metric even poorly represents an accurate percentage of what's going on in the alternate reality of crypto, let alone the broader economy.

sergay betrayed us all, we were supposed to be all in this together

Well I would include that in with the staking metric. Overall I have a hard time believing the real circulating supply could go lower than 10% of the total but honestly who knows. I should check other crypto like Tezos and see its current stats to get a better idea perhaps. Are there any other top 20 or even top 50 with staking online?

>hoarding an unused and unusable utility token
my god this is so sad, you sound legit not knowing what you're talking about.
chainlink is not a hype coin, the ICO wasn't supposed to reach us...biz bought in early enough to secure x10 everybody in link right now is making some extremely good profits.
and guess what? we're not selling most of the 2000 top wallets never sell, they held their links for years.
dont be salty when we rocket past 10$ 20$ 50$...sergey never fails to deliver just check one of his speeches, that man is here to win and make us all rich.
chainlink is the most important project in this shitty space. just check the whitepaper and compare it to any shitty project whitepaper you'll understand, you'll understand why google microsoft oracle are going to use it (because yes, they are still developping integration it's not in production yet)

i think you stuck in this loop of ignorance and prejudice that doesn't let you see past all the fud.

just shake your head and go with an interested view and see for yourself.

we arn't some pajeets, we are actually OG biz tards that found the golden goose

Shit, if it returns a dollar per year we've all made it. Anything more is just that much better. When the best fud these guys have is just 'you're only going to be a multimillionaire' I get excited and start to flap my hands.

Tezos i think but have no idea really, maybe aave? but i think they are about 70?

Dude im not fudding. I'm just saying base the price of chainlink off economics instead of random x% of y

its all speculation, also care to explain what economics?

You are so deluded that you do not understand how deluded you are to others

Usage. He's talking about usage. You should all be talking about usage. Till it is used, you're all just collecting/ swing trading unicorn farts.

We just to have be patient. This could still take much longer than we all think, even until 2022 for fuck you money. That being said, one way or another it is happening though.

Yea I've seen that FUD as well, give up you are only getting another 10x from here ect which isn't true but for OGs it would still be enough to make it more or less.

The thing is even that valuation metric of 40x the revenue its bringing in is flawed because the real value of LINK is as collateral for the value being secured in the contracts. How much collateral will be sufficient for institutions transacting smart contracts in the billions? 10%, 50%, 100% equivalent? No one knows but this people don't take risks they want complete assurance usually.

no dude, i think you're the one is is deluded by your prejudice. just do diligence and actually read on what link does instead of just calling people deluded. instead of all those pajeets that buy 100 buck lunch money and bet on PnD small caps.

us linkers put tens of thousands of dollars where our mouth is.
it's not delusion, we actually know. instead of bashing us blindfoldedly why not just read on what chainlink is and get legit interested, and if you dont like it just leave.

i fail to understand how hard it could be to not understand that this whole crypto space is missing the ability to connect to the internet.
i mean how dumb do you have to be to not believe in connectivity?
chainlink is connecting the blockchain to the internet and doing much more with mixicles.

here just go here and read.

blog.chain.link/

those blogs are written by very professional people, not some pajeet scams

usage basiccally increases link dominance over the market, one implies the other that's why dominance is important. that's why ETH and BTC have a high dominance

No he isn't. They had to make it a public ICO to appear decentralized in nature of the investor amount but they did their best keeping it out of the hands of normal people. /biz literally pooled their money together in order to meet the 300 ETH minimum buy in threshold. Binance also listed on their own accord.

If you find a Golden Goose, why would you buy eggs anywhere else?

Even Carnegie said it I believe. If you want generational wealth, you put your eggs all into one basket and then just watch it very carefully. I swear traditional investing advice is to keep the average person poor.

I'm a very smart person and I understand everything you say a lot more than you ever will. All i'm saying is that you do not understand how deluded your posts comes across to someone smarter than you

no

this is not how you value a security

you make a guess at how much profit will be attributable to chainlink holders per year in the next few years. the example I gave above was 1 billion dollars total profit in chainlink nodes which would be 1$ per chainlink, and this would give chainlink a total value of 40-100$ per link

if you don't understand why the way you're looking at it is wrong then you need to do some reading, there's little more I can say.

i'm even smarter than you and i say ur a faget

probably not, dunning kruger 110 iq tranny fucktoy

oh so you're smart and I guess you understand Mixicles, threshold sigs, VRF, wrapped link, price feeds, how arbitrum is cucking ETH by running smart contracts off chain and how coventry just casually announced they will go past arbitrum and have chainlink nodes also run smart contracts?

if you're not researching link i don't think you'd understand half of what i said, and about the
>people smarter than you
i'm not the one acting and high and mighty claiming i'm smarter than everybody, HOWEVER I think that CHainlink is actually an IQ test in itself. not realizing how important chainlink is in this space just plain dumb all our economies rely on connectivity nowadays. not only chainlink is a beautiful answer to the oracle problem (vitalik utopia will never happen) but it brings much more, it also solves big security problems with VRF addresses fair resource allocations with VRF and solves the public chain transaction obfuscation problem with mixicles.

whoa based. /thread