LINK WILL NEVER REACH $1000

/g/ in 2011:
BITCOIN WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

Zig Forums in 2016:
ETHEREUM WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

Zig Forums in 2020:
LINK WILL NEVER REACH $1000
>why?
Because this would simply mean that:
>even the biggest retards would make it
>every NEET would make it
>every poorfag would make it
>every third worlder would make it
>literally every fucking person on this board would make it

Attached: 75b4a9114fb4f02.jpg (227x222, 11.28K)

>cant be x because everyone will make it
Nope. Everyone will sell on the bull trap or start scalping or day trading and lose most of it. The majority if people will fuck it up. Plenty of people had life changing amounts of bitcoin in their past but are still poor. Iron hands are rare.

It hurts so much user

LINK will never make it because the tech is simply shit. I fully buttrape your entire arguments for a collateral system here
warosu.org/biz/thread/S19402376

Chainlink is going to be a Ripple 2.0 where the network is used with no token at all
LINK is going to have virtually 0 usage. The only reason its going up is because simps are just discovering it and whales are getting ready to empty their bags. Every single thing you could think of why your bullshit collateral system is needed is addressed here
warosu.org/biz/thread/S19402376

$1000 is a was spike due to tether fucking up (70 cents) you would know if linkies werent all 2018 newfags.
ETH is still garbage. All the news surrounding 2.0 is showing its more garbage than its ever been and the only counter is
>MUH 1ST MOVER ADVANTAGE

Your logic stinks. There's less than 160,000 Chainlink wallets. Most have a shit stack in them and are owned by the same people. But let's say all 160,000 wallet holders are individuals who instantly become millionaires if Link hits $1,000, big fucking deal, the US has 11 Million millionaires alone. Another 160,000 millionaires won't change shit.

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value

Futre Oracle service provider here. I care about the economic well-being of those who use this indonesian basket weaving forum.
Link is absolutely useless, and is a scam. This is not a joke, a larp, or fud. It is the truth.

Imagine the issues about providing an oracle service using link.
1. To provide the oracle, you have to stake link.
2. If the oracle service is interrupted, you lose link.
3. The link is used to compensate the contract holders that were relying on the oracle.

Is this going to bode well for the oracle providers?
The contract holders that use the oracle will have an incentive to destroy or interrupt the oracle.
We know there are a million ways to hack networks, and that anything is hackable if the cost of the hack is outwieghed by the potential payoff.
The money that the oracle providers get from link is useless because it can be effected by a total loss caused by a single hack.

As a result, over time oracle providers will not use link. Oracles will literally be webservies provided in a jurisdiction that porotects them.
If you don't like it, you don't have to use them.
But you will.
No link!

Never bought crypto b4. I might do it right now guys this seems like a good move.

Attached: Screenshot_20200602-200951_Cryptocom.jpg (720x1560, 201.94K)

You are so delusional. Link is useless.

Hmm new pasta FUD. You are an idiot and here is why. The contract holders ARE the node operators as well in many instances. Its a perfect positive feedback loop. Chainlink created an incentive that allows all major corporations to continue to compete but now all can massively profit on trustless data inputs and outputs. They want the automated system to reduce costs but still be secure. No single node operator that is also a contract holder will be able to game the system because aggregation of the same redundant data from 100's of nodes even for a single piece of data all from the same API. If you are a contract holder that is a node operator as well, it basically allows you to utilize the system's automation without paying anything. Infact due to the tokenomics and its positive feedback nature you will probably still profit greatly, in addition to the work force you can now lay off.

Company 1 is a Smart contract holder for automated derivates contract-Company 1 buys LINK to stake on their own node-Company 1 now earns more LINK from providing accurate data (job), trade executing as designed, and staking dividends from collateral. They then reinvest in more LINK to take higher value contracts from more collateral, while continuing to reduce circulating supply.

People truly can't grasp the potential value of LINK but I'm starting to think 81K in 6 years is actually possible

Kek those 1000 link were $100 at one point. Buy pnk and make real gains. Link train is on standby for some time. Imagine waiting for a 2x

How much pnk to make it?

Yeah I used to think those same things as well, until I learned money is non-discriminatory. Doesnt care who you are or what you do. It is completely indifferent to its dispatcher.

its pretty obvious. Sergey wouldn't sell it for 3 or 4 dollars or whatever if he thought it would be worth more.

1k eoy is actually fud. People say no way the marketcap would be huge. They dont understand how much is changing. Go back and read this again in robot voice. Now you get it?

OP is right. Even though I don't care about being rich, I'm holding about 1k LINK forever until it hits $1,000. Like not even memeing, I will sell a lot of LINK before that, but if this ever, EVER, gets around $1,000 per coin, I would be there with my $1,000,000.

But that can't happen to me and to many autistic faggots that are here. So maybe $30 is the top for the next bullrun.

I see a little asian dick in those panties
Thats a man

voca.ro/mRIZF9f0I52

imagine dropping 5 big ones on this scam.

>Company 1 is a Smart contract holder for automated derivates contract-Company 1 buys LINK to stake on their own node-Company 1 now earns more LINK from providing accurate data (job), trade executing as designed, and staking dividends from collateral. They then reinvest in more LINK to take higher value contracts from more collateral, while continuing to reduce circulating supply.

Company 1 goes bankrupt when counterparty of the smart contract pays russian hacker to hack and or interfere data sources, and Link they have put down is taken as a penalty.

>. Its a perfect positive feedback loop.
No, it's not, and you are fucking delusional. Can't believe how dumb people are.