$7 trillion
PER DAY
$7 trillion
PER DAY
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Sorry to tell you but south korea accounts for 0.2% of the transactions in the global forex market, its currency is so irrelevant most of you probably don't even know what its called.
And just because of this announcement its not like the money is somehow magically connected to chainlink now.
SK is the 12th-largest economy in the world, copelet.
$7 trillion PER DAY
90% of that 7 trillion is USD to EUR/GBP/YEN
Brainlet
This is Chainlink's first true connection to Forex data, C O P E
Imagine thinking South Korea is a financial hub
Russians have scammed you again
Nasdaq and LINK have official ties too. I hope this announcement and Tsystems were one of the first of many to come for this month/August. Would be nice to see some crazy pumps leading up to smartcon.
It's called the Won because
YOU JUST WON
Kek
>$7.60
Just those banks alone represents $1 trillion, lmao.
The cope is neverending.
Tell me user how would the 12th ranked economy in the world account for 1/7 of global Forex trading volume per day when the USD accounts for 90% of the market.
You link holders are really idiots, any and all good news is already priced in from the speculative bubble we just had. If you didn't take profit at the top there's no hope in investing for you.
I bet you hold xrp
I said those banks represent $1 trillion, not their Forex volume.
Seething copelet.
>he doesn't know
It appears as though you like to suck dick
That nigger eternally irrevocably btfo
So what does the worth of those banks have to do with your token? Fucking cope from you idiots is hilarious see you at 6 dollars
>So what does the worth of those banks have to do with your token?
Are you having a stroke?
The bigger the assets held by data providers, the higher the value of transactions flowing through Chainlink, the higher the potential collateral that will need to be staked, the more valuable the Link token has to be to cover the collateral requirement.
...
I realize this is a troll thread to educate newtards. But seriously dude you have the most idiotic take/understanding of anyone I've ever seen on this nigger overrun board. Embarrassing to even respond to this stupidity.
Wow what a great and well-argued post that was made entirely in good faith.
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Holy shit tranny fud is getting bad
$10k is FUD
Chainlink is like an armoured truck. It needs to be robust and big enough for its cargo to fit in, in order to securely transport it from point A to point B
The cargo size is the monetary volume of the assets being secured by Chainlink
The truck size is the Chainlink marketcap and the cryptoeconomic security guarantees
I sold the news already.
Seems like a good decision in hindsight. Already re-accumulated back at good fib levels of 7.05, but only 75% was filled.
If it breaks the resistance or if the guys on Binance loosen up their $8.50 walls I'll re accumulate the rest. Have an alert on Tradingview for both scenarios.
>Forex
Also lots of connections to South Korea found before