It seems that most normies think $1k chainlink is pure moon boy shit. That’s not the case, at all. In this thread I’m going to touch on a multitude of reasons why but it is fundamentally this - Chainlink is the ONLY Oracle protocol capable of delivering highly secure data end-to-end on blockchain networks, and has established itself as the industry standard.
With ETH becoming scalable, we can expect rollups to scale eth1 anywhere from 100x-4000x alone within the next year. DeFi is still in its infancy, and as scalability grows for eth, defi will follow as the use cases expand into more lucrative fininacial sectors. With this, we can expect demand for a secure, decentralized Oracle system to ensure data is fundamentally true and tamper-proof end-to-end.
Defi will to shift from moving shitcoins around on ethereum to real-world use cases for finance, remittance data, trading etc, and the amount of highly valuable data such as price feeds and IOT entering the blockchain will need a highly secure Oracle system to receive/deliver this data to smart contracts. The value of the oracles may very well equal or surpass the value of the base layer, due to the massive amounts of value it will be securing. Ethereum will be worth near trillions FYI.
So yes, a $1k chainlink is possible. And it is going to happen sooner than most think. Smart money knows this and has already been in the market for quite some time. But it’s only a matter of time before shit hits the fan amd we start to go parabolic. Tick-tock.
why I think you are wrong, although I don't quite understand everything about Chainlink I do understand the following. As long as Ethereum is not scalable, smart contracts are probably not going to get used in the real world, this means that Chainlink is not going to get used in the real world for a while. Ethereum 2.0 takes a lot of time still. Now during that time things can happen, competitors may rise up either from the crypto world or the non-crypto world.
Robert Johnson
Cope.
Elijah Gonzalez
lol
Ethan Long
link's chart is identical to the typical pump and dump chart. the DEVs are also dumping their bags regularly, which should tell you something about the longterm prospects of the project.
Cameron Sanders
ETH 2.0 is only 2-3 years out, tops. There are no other ethereum competitors. Other networks will have their place, but all will end up being roads to ethereum. Self-proclaimed “eth killers” will die a slow death. Don’t fool yourself
Angel Foster
Based and retard pilled
Luis Sanders
what do oracles do exactly? They connect off-chain data with smart contracts? please explain to me like I am a retard.
Nolan Morales
you will understand one day soon user, or not, its of no consequence to me
Kayden Gray
>2020 >still getting meme answers this is so tiresome, I've been here for what? 3 years? bought a huge stack of link during these past years, I unironically put everything I had in link because I believe in the 4th IR, the smart contract economy and the importance of a ...decentralized oracle...no...CHAINLINK to this piece of shit meme market.
if there is 1 thing that has any value, and is actually used and is being useful, no matter the scalability or price, it's a fucking working secure decentralized oracle. any fucking project that gets shat every day, is complete garbage without an oracle, chainlink doesn't need any fucking real-world adoption to become huge, since it's powering this whole meme billions $ space, it will naturally grow no matter what, usage can only go up, and chainlink can only deliver more products, they started as a simple decentralized oracle, now chainlink are solving big problems like scalability (tsigs), anonymity (DECO + TC), Randomness (VRF), L2 and much more...
Ari juels officially became head of chainlink research, and they are working on the whitepaper v2, which will focus precisely on scaling chainlink.
now imagine you (the brainlet you are) holding link for a sec, by holding it, you are actually holding a share of whatever ari juels will ever produce for chainlink, the greatest mind of this fucking space, no fucking Chinese or whatever the fuck scientist can get to his level. you will be holding a share of the future of this whole fucking space, and a share of what the greatest minds of this shit space will ever produce, and when I mean produce, THESE GUYS FUCKING DELIVER, they aren't some gooks trying to scam you.
An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination.
So with Chainlink Sergey is the oracle right? I don't get why this justifies a 4 billion dollar market cap, he is not the only oracle working on a blockchain project. Is it because people think he is Satoshi Nakamoto?
Kevin Green
This is a board for whites only
Connor Green
Bot thread, human passing through
Ian Smith
No one cares what braindead normies think,. We already know link is going to $1k, its not a debate anymore. We are now questioning whether link is going to hit $81k. Make your analysis about THAT.
Based asf, biz doesn't deserve these posts anymore
Hudson Roberts
INDUSTRY FUCKING STANDARD.
Ryan James
if link is going to 1k or 81k, why are the link developers dumping their bags every week at ~$10?
Jose Watson
What part of blockchain agnostic do you not understand?
And this is irrelevant, but ETH's failures actually benefit link. The more ETH shits the bed (which is what its doing right now) the more desperate other solutions become, and it doesn't matter if it turns out to be arbitrum or avalanche or fantom or optimism, or if Ethereum gets it together even if vitalik said eth 2.0 is never coming out because link is behind all of them. LMAO if you think Sergey and Ari would rely on eth of all fucking things for link's future. why do you think vitalik hates sergey so much? sergey has trump card'd him and he knows it
Camden Collins
How many coins do they have left?
Sebastian Hughes
well I don't like Chainlink, I don't like Chainlink because I never understood Chainlink, I saw you guys post about it back in 2018 and never gave it serious attention, I never gave it serious attention because usually everybody here is a bunch of retards. And now I have missed out on a 30-60x already, so I fucking hate it, it has gone up enough now, can we please not talk about this project too much, it just hurts me okay? it's sad but it's the honest truth. Have there been real suicides related to this project? I mean I must not be the only one suffering right?
> Sergey is the oracle man yes and he has to independently verify each oracle call which only happens during business hours 9-11am Eastern Standard Time every second Monday.
To maintain the values of ETH in the Hot Potato's system all the ETH collected from the Hot Potato's presale are to be allocated to Uniswap to provide liquidity for them.
well not going to buy now! I mean i could have bought Chainlink for 30 cents back in 2018 but I didn't, I laughed it off as a nothingburger. Not going to buy now for friggin 10 dollars! that's insane!
Oliver Hughes
I can guarantee there was a retard somewhere, that said the same fucking thing when bitcoin was mere dollars, and didn’t jump in. Now if you want to continue missing out on the single most valuable project in this entire space, be my guest.
But do keep in mind, you are buying chainlink at $10, not $1000. Don’t be a retard.
Nicholas Hernandez
what the fuck are you talking about? know your fucking place you fucking mongoloid,i'm pretty sure you have like tops 2k$ in this shit market tops and you're talking like you know what the fuck you're talking about. iexec cannot deliver any fucking working oracle, thas why they had to use chainlink, because they don't have the knowledge and the energy to build an oracle that can secure billions if not trillions of dollars.
you really think any company can handle that stress? gilles that fucking cuck he have no balls, he just wants his lambo and big mansion that's all there is to it.
Hunter Peterson
the past is the past, look to the future. I bought at 10 bucks too. Your pride is getting in the way, I think
David Miller
1000 dollars that would put Chainlink at 400 billion dollar market cap, that is insane, come on now, that is not likely to happen within the next few years.
I missed my opportunity, I remember in 2018 what to do, I saw all these videos on youtube about XRP predictions of the bearable guy with 589 dollars or something, so I bought it back then, fucking did nothing! Could have bought Chainlink but didn't, I think about it a lot lately, even makes me feel suicidal, I feel like I have missed out and be left behind in the dirt. it's so unfair. Can't you guys just meme another project like iExec and make it the next Chainlink? that way I get another shot at being financially indepedently.
Zachary Jenkins
So if you could go back in time and buy BTC at $10 you wouldn't?
