Can LINK actually reach $1000 or is it just a meme? Provide proof
Many anons think $10,000 is out of scope.
But I am sure a lot of people will be suprised very soon.
Let's wait for the next bullrun.
ETH will propaply hit $10k
If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
When is this going to happen?
2022 propaply.
Now think about it: In two years, there won't be that much adoption of smartcontracts yet. SWIFT's plan to switch over to DLT will be completed in 2026.
And I am not even speaking about the derivate market, insurance market and what not. There will be many more usecases, which we don't even think about yet.
So back to those $300.
If a bunch of retards and an influx of normies and speculators will be able to drive the price of LINK up to $300, what do you think is going to happen when real adoption kicks in?
Do you think the demand will only be 10x more?
No, it will be waaaaay fucking more.
Then once the laggards realize, what LINK is and what it does, they eventually start buying in as well, because of the endless positive feedback loop.
Imagine a stock where you know that everybody will keep buying it, no matter what.
Fucking amazon got pushed up to a trillion dollar marketcap.
A fucking shipment service.
Now imagine a protocol, which profits from the network effect.
And enterprises/node operators will earn money from providing data on top of it.
If there are still anons on this board who think that $1000 or $10,000 is out of scope, then I am sorry.
You have zero imagination.
>doesn’t realize $1000 is a fud
ngmi
LINK only needs a $382 billion market cap to hit $1000 per token. If you think this is impossible, you're unironically retarded. Just take a look at the NYSE, pic related. Also, XRP reached a market cap of $142 billion in the last market cycle, and the market caps are only going to get bigger with each coming cycle. Plus, a shit ton of the circulating supply will get locked into staking. $1000 is easy.
>If the LINK/ETH ratio stays as it is, this would mean that LINK would be around $250. However I expect that the ratio will continue to increase, so I see LINK around $300 next bullrun at least.
LINK will flip ETH.
not too soon though. Might take a few years (10+)
LINK will flip ETH on it's back and fuck it hard.
I love it when retards pretend to be smart.
>comparing a pre-mined scam token to the highest valued companies in the world
Stay delusional stinky
Anyone care to define bullrun? You mean a bullrun like we saw last few days, or something more epic, like 2017?
Everyone seems to have a different definition of bullrun.
no but 100$ is completely possible in the next few years
It'll either take ages to get there, or it'll be like that episode of the Twilight Zone where that guy gets all the books, all the people finally die so he can read them, and his glasses break. IE, the USD will be inflated to where $1000 is of no consequence.
TA is horseshit.
Numerology, astrology and divination on the other hand is based and reḋ̴͉̱̣̩̳̥̭̞͓̠̭̼̜̣̺̠̗͕͖̈͠p̸̧̛͓̹̦͕͉͔̦̖̳̒͗́͆̆͋̽͊̈̉͐̋̃̓͋̇̔́̈́̀̚͜͝͝i̶̢̨̧̛͔͍̫̜͍̳̝̘͈͈͈͙̖͓͙̜̺̋̂̈́͗̓͜͜ͅͅl̸̤͙̝̈́̓̿̽͒̄̈́̉̌̋͗́̎̀̌̕l̵̛͓̞͚͙̘̟̝͖͉̱̥͕͓̹͓͎̫͌͐̋̃̍̈́͊̔̀̆̓̾͒̓̕̚͜͜͝͠͝ȩ̴̩̙̄̄͗̋̉̃̀̀̊̍̋̈͌͛̀̉͑́̐̂͆͑̕͝ͅd̴̢̪̰͕̠͈͉̥̯͖̮̠͚̥̖̯̩̺̞̿̈́̃̈̇͐̓̄́͘̚̚͝͝ 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! I̸̧̧̨̱̱͇̞̮̻͕̫͔̙͂͐́̃͗̈́͌̕'̸̛̛̮̍̇͐̔̑̿̾͗̾̋̊͑̿͊̄̃̈́́̚̚̕̚̚M̸͉̮͉̗͖̖̃̂̿̓́̀̇̈̈̋̈́́̓̋͆̄͆̏͝ ̵̨̪̦̹̹̩͎̣̫͖̫͊̈́̽̿̈́́Ņ̷̡̤͖̦̝͔͔̤̟̙̞̗̖̮̗̩̬̠̒͒̃͊̐̋̈́̃̽̓̈̇̂͘̕͘͝͝͝Ơ̵̧̛̛̬̞̪͙͈̗̟̱̭̹̘̪̍͛̋̍̋̈̓̾̂͋̇͛̃̃͂̚̚͜͜͝͝͠Ţ̶̨̡̨̛͉̺̩̼̗͚̗̬͕̖͇̥̞̌̈́̿̈́̀̐̍̑̋̚͘̕͝ͅ ̶̛̭͖͚̇̾̆̇̈͆̾͌͆͌͐̀́̕̕J̸̨̧̛̛̖͕̳̠̥̳̳̖͍̻̜̪̠͇͚̯̫̳͚͐̒̉̓͆̾̀͂̋̉̍̀͛͐͠͠͠͠O̸̧̯̘͎̞̖̱͔̙͍͕̤͉̝͍̱̦͙̟̪̔̈͒͋̓́̀̄͜͜͜K̵̨̪̻̼͉͕͇̘̻̰͊ͅǏ̵̢͓͕̺̖͎͓̺̮̱̩̖͈̯͚͜N̷̠̣̣̮̦͚̝̻͈̉̐̔̓̉͂͋̀͐͑́̓͋̓͊͌͒͘̚̕͝ͅG̷̡̢̢̧͎̘̙̭͙̜͙̻͚̟̩̩̻̬̩͍̱͇̯̎̇͜!̵̧̛̹̺̻̻̩͙̠̠̳̟̰̪̉͋͊̂̓̾͂͐̽̓͘̕̚̕͘
VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!
EVERYTHING IS ENERGY AND VIBRATION
ATTUNE YOUR VIBRATIONS TO MATCH THAT OF MONEY AND IT WILL FLOW TO YOU
USD/LINK price feed when?
Whatever currency is in use, Link will still fetch more and more of it. The dollar value is irrelevant, but it's all we have to describe what we mean atm.
>comparing a pre-mined scam token to the highest valued companies in the world
You're right, the potential valuation of Chainlink is actually much higher than that of publicly traded companies, since it is more akin to things like SWIFT ($153 trillion dollar market every year) and derivatives ($640 trillion dollar market). Comparing it to dinky little companies is actually FUD. Seethe and cope.
>T. Midwit who will sell way too early
>VISA is only at 416m
Yeah, I’m sure your bags will be used more than VISA. Cope more.
>last few days
>bullrun
There's only one definition of a bullrun newfag. In 2017 you could throw money at any project and 10x within a week.
link is flipping eth this month
See Completely different scope. It's more appropriate to compare link to swift or derivatives
There is no fucking proof, it's all probability. Here is why it is probably going to happen.
>Actively adds value to DeFi, underlies much of the industry
>Actively adds value to Ethereum, which is (like it or not) the most popular (by far) blockchain for youthful talent in the world
>People behind the project are the leaders in the industry
>Data is the most important concept in the information age
>Poised to be an integral part of EVERY SINGLE mechanism that makes up the 4th industrial revolution
>Absolute monopoly on their respective market
>Actually will have dividends in the form of staking rewards, unlike BTC
>Finite supply
>API economy is already a thing, so it's tapping into what already exists as a fundamental driver of MASSIVE economic growth
>the memes are literally top tier, shifted the perspective of the entire industry's marketing tactics
>price action indicates a lot of incredibly bullish information, rose from rank 120+ to 12
>clown world, so why not
I'll add more if I think of any.
CHECKED AND FLIP PILLED.
>one trillion market cap
yes user for sure it will go to 1k and everyone here will be rich
You fucking nigger, LINK is a whole security layer, a protocol, a framework! Not just a fucking publicly listed company!
Only the circulating supply counts, retard
I actually scared thinking back how ETH went from pennies to $1500 in like 3 years, and also with enough liquidity provided at these prices to exit massively. Very few knew about ETH at the time or maybe for a week and forget again. Even less people acknowledged the fact I laid out first. And what is the most scary thing of all is that everyone forgot, like it did not happen. And ETH is comparable to babbys first implementation of the internet FTP/NCP that eventually became obsolete or very niche case.
I cant believe pennys to $1400, and no one cared and cares now.
LINK will trade somewhere between $5000-12000 in 2035
Yeah it's real simple. Link, aka a fancy json parser, just needs to replace the entire banking system.
I mean, that sounds simple right? So trust me that it is.
(for what it is worth, I hold link, but you guys are retarted nonetheless)
Link is a scam
Is that nominal USD amount equivalent to the 2020 real value of $5000-12,000 USD in terms of purchasing power or are you factoring in an inflated USD?
LINK will work with banking system
Are you literally newfag or just linkie fudding?
>T. Midwit who will sell way too early and neck
>Only the circulating supply counts
yes user for sure ETH will go to 1k and everyone here will be rich
Cope.